A very warm welcome to the program from all of us here at r. T. H. Q. And moscow thanks for joining us this hour. Senior u. S. Journalists are once again fighting over russia with one t. V. Network now suing the host of another for describing them as paid russian propaganda trying to go as a story. I do apologize were having some technical difficulties were going to go over to a program real quick and well come back when we can. Join me every thursday simon show and ill be speaking to us from the world of politics. Im sure ill see you then. Lead. Its a tense situation in venezuela is still all over the news the problem in venezuela is not that socialism has been poorly implemented but that socialism has been only implemented for inside venezuela things are different were going to announce sanctions against the troll venezuela so if you. Have a supplement to. That. Data to. The people. The moment the focus of the who story isnt new makes him cold in Henry Kissinger to tell him not be to
Parliament is not sitting it should be sitting the whole disk up and. We make very clear as you saw in the church. Just a few weeks ago. Parliament was acting this way and that we will find other ways to hold this company and we will have other ways to assure our constituents who elected democratically. Now this court ruling comes after a group of more than 70 opposition lawmakers challenge the governments decision to formally shut down parliament until october 14th last week a court enberg threw out the law makers challenge saying that the politicians not the courts should decide but that decision was then overturned on an appeal now fair and almost every day i think how can this story get any more uncertain but somehow it does and if theres anything weve learned from our guests its that business hates on uncertainty absolutely does daniel and you know what the British Chamber of commerce in germany today they actually said. Businesses are dealing with big uncertainty as with the prac
Inversions plus, tiffanys mixed quarter, the luxury retailer with an earnings beat. Peloton getting set for the public debut, widening losses ahead of its initial Public Offering as we have said twice now, stocks are set to open lower on worries about Global Growth and the risk of recession. Investors paying close attention to that yield curve and its inversions of the two and ten as well as trade tensions between the u. S. And china about an hour ago or so, we got a president ial tweet, quote, so interesting to read and see all of the free and interesting advice im getting on china from people who tried to handle it before and failed miserably. They got taken to the cleaners, were doing very well with china. This has never happened to them before this being a preference to the large tariffs in place that are set to go up september 1 and then december 15 and the overall there has been some press that echoed some things i was hearing shared on monday that the idea that the chinese have
Chinese Telecom Giant huawei says there has been a dramatic slowdown in sales growth in the midst of the trade war. He hints at even tougher days ahead. Capital one shares drop after a data breach. They say data on 100 million customers hacked. All of it stored on Amazon Web Services. A former amazon employee has been charged. Shares spiking after hours after reporting thirdquarter results. Revenue topped analyst estimates. Apple saying it remains optimistic about potential sales of new Iphone Models set to hit the market in the fall. For more on Apple Earnings as they are unfolding, we are joined by max from bloomberg businessweek, with me in the studio. Walk me through this. Iphone sales missed estimates, Services Missed estimates, the forecast beat. What about all of these other indicators . Is an interesting report. I would have said there would be no way they would be on top and bottom line. Wearables was a big plus. They also used about 21 billion of cash on the quarter to repurc
In our very risky businesses that could lose money for a long period of time as they go into business. Banks, unfortunately, our not in the business of doing that. We are willing to take that risk. Half of what we invest in, we will lose all of our money. Any bank will not be too excited about that venture. Host where does the original money come from you give to the companies . Scarlet we go out and raise money for my couple of different folks. University endowments are a big source of capital. If you look at Stanford University or yearly university, they have endowments, and that money goes to help subsidize the cost of the university. Large foundations, nonprofit foundations, like the ford foundation, for example. Or these companies are doing is trying to use venture as a way to drive a high rate of return in their portfolio. They are looking for us to generate Something Like 25 or 35 returns for their business. They have a large portfolio that might have stocks and bonds, and this