Street. Im Carl Quintanilla a strong close with buffett on squawk. Fed chair pal on the squawk tomorrow we begin with futures pointing to a sharply higher open on the twoweek rally and buffetts advice for the longterm investor despite volatility, buy equity, not bonds. Ge is planning to restate three new candidates to a streamlined board of director. And the chip war continues over qualcomm urging broadcom to engage in direct talks for a takeover deal. Buffett is one of the big stories of the deal saying Berkshire Hathaway received the new tax law. Heres what becky said earlier on squawk. We had about 100 billion of unrealized gain in equities. Now, when they are sold, you pay tax on that. And previously when the tax was 35 , we would have had a 35 billion reserve for taxes against that as a liability. That would drop to about 21 billion. So 14 billion roughly that was a reduction in the amount of tax that when we saw those securities, we will pay. It wasnt cash now, but it reduced the
More for server and falling near the san mateo bridge, i decide as a matter of fact we have haywood and cities into my brain. James here is a quick look at the forecast and i will leave you with this still looking at a chance of showers will have the chance to dropping by the lunch hour. Robin w lot to slow traffic on 92 it is packed right now thanks to a stall was about at the high ride bridge cruiser on the web look at the folks stuck in the backup was about the west of the toll plaza and is just creeping along it is jammed, got hit with some stretches of land out 88880 is prepared from to 38 in san leandro and the drive times where track in the east of a commute is crawling as usual on south 242 south 680 leven, a walnut creek Pleasant Hill is one to be off and on into our market will pick up for by the time you reach danville youre looking at 34 minutes to different, to denver for the south 680 ride. Reporter potential heavy drizzle july drizzle here is a symbol of the rest of the
Right . You are with your friends very often and they walk by a homeless person and the first thing they do is pilaf ones peel off ones and you are like hey, youre not solving the problem. And you know that. With your acute knowledge that you have, we should be putting together policies and strategies to take care of atlantas homeless problem. Something happened. There were breakdowns along the way. We know that Substance Abuse is real. We know when Substance Abuse starts. We know it starts, for most people, in high school. The real hardcore ones, right around 11. For the most part, right around high school. And we know the people who are most susceptible to it. We know about their family patterns. We know all of these things. Yet we are not pushing for programs, the supportive programs to do it. So then our programs are these little programs. Well,d of us saying, Substance Abuse starts in the teens, typically. So we did some programming in the high schools. Not just the dont do drugs,
Have a younger girl cousin, you better be able to pull it back in. Otherwise you are in a heap of trouble. [laughter] what we have to do as social workers is we have to rally around the families who want to support these kids, both want to want to take them back and the one to are going to receive them and encourage them. We should be leading the charge. We should be encouraging people and providing support to the sounds to are from different ethnic groups sued the site to take an africanamerican child and support them. For the support around them and dont make them feel bad about the decision they have made. You have made the right decision. Particular, many of them need intense Mental Health support. Intense. They have some of the most acute issues of anyone you will find. Right . You have seen like i had seen, these kids find themselves in those situations have the most acute issues and they are the most challenging. They will need support. I thank you sincerely. I really do. Before
The ambassador wants a bigger latrine in his office, or we want 50 consular windows instead of five. That changes all the time. I mean, we saw it here today. It changed with Papua New Guinea. You had a plan to do something, all of a sudden the department says, no, we need more, for whatever reason. Theres right sizing that goes on constantly within the department. Theres the muchpublicized but im not sure how much its occurring, the pivot to asia. What does that mean for those embassies in asia . More people. Well, you know, five years from now it might be a pivot somewhere else. I dont know that were ever going to reach the perfect solution to say that we could build something thats good today and it will be good even ten years from now. Thank you. And mr. Chairman, i think the point that your research and what water hearing today is all about is that as you standardize and drive down the cost per square foot, the ability to build that few extra square feet and the flexibility is inhe