Systematic issue a major change in the system for manufacturing and delivering pharmaceuticals. The implications of one country controlling the supply of medicine are astounding. No matter what country we may be talking about. Think about it, what if there is a Global Pandemic and its hard to move product across the world because of that . What if there are heightened tensions within the South China Sea, everyone can be vulnerable, everyone could be put at risk. The role of the fda in the situation cannot be overstated because the fda cannot be as effective in assuring the safety of our medicines and force long areas of the world as it can at home. Many of us are not aware of the facetoface contact that the fda has for those manufacturing our drugs. The inspections they conduct. The very handson work involved in making sure the manufacture of drugs is safe. They certainly set up offices all over the world to do that but that is not the same as having offices carrying manufacturing in y
And a scathing report prominent shortseller andrew left of citron slaps a 5 price target on peloton. Well hear from left. But first, to our top story. Silicon valley is listening to your most intimate moments. It is the focus of bloomberg businessweeks indepth piece on how the Smart Speaker craze left users vulnerable to their conversations being transcribed. It was one of the most read stories on the terminal on wednesday. And here with the story, including the devices and use of contractors to transcribe those intimate conversations, is matt in seattle, sarah from San Francisco, and garrett and austin in new york. Let me start with you, austin. Contractors in your story seem to have a problem with this, while the management of big tech didnt. Why . We spoke to dozens of transcribers and contractors in the story, everywhere from ireland to india. They really had ethical quandaries with the service. They were eavesdropping on a lot of siri or alexa customers in order to improve the sys
Wont believe how many people think they have a shot against the tennis star is. It is monday, it is july 15th fbn am starts right now. Good morning everyone im shale cheryl. Good morning im Lauren Simonetti on this sunny bright monday green arrow across the board and nasdaq up 9 points. Theres a lot of talk about negative yield and if theyll hit the u. S. Well not the case right now. The tenure is at 2. 14 . Were watching oil after Tropical Storm barry cut more than 70 of Oil Production down in the gulf as you can see were up just two cents but above 60, 6023. Take a look at asia on that weak gdp number out of china. Shanghai composite up 1. 5 . South korea down 5 . For the japanese market now europe kind of a mixed bag but flat there you have the cac 40 lower the dax is slightly highser. Fasten your seat belts everybody it is one busy week for wall street. Second quarter earning season kicks off today. The spotlight will be on the financial companies. 25 Financial Firms in the s p 500
in an unassuming garage in the netherlands, there s an electric car with a secret. no, it s not its ultra light, ultra strong carbon fibre frame, although that is important to the story, and it s not the aerodynamic design that makes it look like a future car from the 19505, although that is important too. no. look closer at that shiny finish, and you ll see that it s not paint. the entire thing is covered in solar panels solar panels on the bonnet, solar panels on the roof, solar panels instead of a back window. yes, this is a solar powered car, and they call it lightyear one. the first production model will be going on sale this summer. its five square metres of solar panels come in narrow sections that better curve around the body and also mean that if it s parked partly in the shade, the sections that are in the sun still work at full capacity. but even though the battery can take you 440 miles on a single charge, a day s worth of sunlight will only provide about 45 mil
in an unassuming garage in the netherlands, there s an electric car with a secret. no, it s not its ultra light, ultra strong carbon fibre frame, although that is important to the story, and it s not the aerodynamic design that makes it look like a future car from the 19505, although that is important too. no. look closer at that shiny finish, and you ll see that it s not paint. the entire thing is covered in solar panels solar panels on the bonnet, solar panels on the roof, solar panels instead of a back window. yes, this is a solar powered car, and they call it lightyear one. the first production model will be going on sale this summer. its five square metres of solar panels come in narrow sections that better curve around the body and also mean that if it s parked partly in the shade, the sections that are in the sun still work at full capacity. but even though the battery can take you 440 miles on a single charge, a day s worth of sunlight will only provide about 45 mil