Challenging the news industry. We will hear from a top lawmaker who does not think big is necessarily bad. But first, to our top story. Apple has a backup plan if the u. S. China trade war continues to escalate. Hon hai, the companys manufacturing partner, says it is able to make all iphones bound for the u. S. Outside of china if necessary. Hon hai now makes most of apples smartphones at its chinese factory. Our bloomberg tech editor joined vonnie quinn with the details. Alistair this is an executive who was talking to investors and other people in taiwan, and our reporter in asia, debbie wu, was there to listen. This is more of a plan. They did not say apple asked foxconn to do this yet, but he was saying they are very capable of doing it. It has raised a lot of questions. We spoke to an analyst over here who looks at the smartphone industry, and he was saying that if youre talking about actual final assembly, which is what foxconn does, putting together all the components in an ipho
Paul every time you talk about investing to people in their 20s you hear folks say theres not enough money what i tell them every single time theres plenty of money in this country. Its just in the wrong hands. At times when we have three people in this country with more wealth than the bottom half of america while 500,000 people are sleeping out on the streets today it is time for change. See if this economy is not working for working people. For too long the rules have been written in favor of the people who have the most and not in favor of the people who work for most. Paul lets bring in our panel wall street columnist Dan Henninger colin the kim strassel and bill mcgurn Editorial Board member. Cam whats your main take away from those debates . What did we learn about the democrats right now . Well right now just how far left this party has come. Its really quite extraordinary when you look at everything from immigration basically and open borders policy, Health Care Free for every
Kicks off the discussion on how facebook and google are challenging the news industry. We will hear from a top lawmaker who does not think big is necessarily bad. But first, to our top story. Apple has a backup plan if the u. S. China trade war continues to escalate. The companys manufacturing partner says it is able to make all iphones bound for the u. S. Outside of china if necessary. Hon hai now makes most of apples smartphones at its chinese factory. Our bloomberg tech editor Alistair Barr joined vonnie quinn with the details. Alistair this is an executive who was talking to investors and other people in taiwan, and our reporter in asia, debbie wu, was there to listen. And this is more of a plan. The executive did not say apple asked foxconn to do this yet, but he was saying they are very capable of doing it. It has raised a lot of questions. We spoke to an analyst over here who looks at the smartphone industry, and he was saying that if youre talking about actual final assembly, w
Degrees. As we take a live look outside in dublin, thats where we have an excessive heat warning in effect. This is what it looks like. The map with the shadings in the pink is where we have the most extreme heat expected for today. And that includes solano county, parts of the delta, into the inland parts of the east bay and down into the trivalley where those temperatures will once again get over 100 degrees today. But we are also not seeing San Francisco included in the heat advisory. So we are expecting some slight cooling there while it is still going to be really hot in the valleys. Were already at 92 in livermore. 91 in san jose. Fairfield at 92 degrees. And santa rosa. These are the current temperatures. In the upper 80s. So as we go through the rest of the day, its still going to be warming up fairly quickly up to 102, 3, even 104 degrees in antioch. And so were going to spend several hours over 100 degrees, and thats the reason why we have the excessive heat warning. When you
A lot of money involved the Global Market for Waste Recycling is worth 300000000000. 00 thats according to consultants from frost and sullivan Plastics Recycling alone is estimated to account for 37600000000. 00 in 2018 between 1950 to 2078 point 3000000000 metric tons of plastic has been produced so lets put that in context thats a quibble and 25000. 00 empire state buildings or thats enough to cover the entire country of argentina were still 3 quarters of all plastic produces now and landfills or in the ocean only 9 percent gets recycled and 12 percent isnt center rated. Over 25 years china imported 106000000. 00 metric tons or 45 percent of all Plastic Waste and china will only buy Plastic Waste that is 99. 9 percent pure in other words recyclable exporters mostly from rich nations scramble to find new markets such was the scale of chinas imports countries like malaysia indonesia thailand and vietnam were soon swapped and unable to cope it took the philippines 6 years to send 60 con