[background noise] [background noise] ladies and gentlemen. We are about to begin. Your seats and silence all cell phones and other electronic devices. [background noise] [background noise] as we mentioned, state governors from across the country are meeting in washington, d. C. Well be covering their meeting this morning and throughout the day, the National Governors association will host panels to talk about jobs, the Opioid Crisis, and the future of agriculture. We will be getting underway in just a minute. Governors and distinguish guests. Guests, pleased rise for our National Anthem of National Anthem, which is being performed by a distinguished a Cappella Group from st. Marys high school. Nal anthem] [applause] please be seated, everyone. Good morning. Im brian sandoval, the governor of nevada. To washington, d. C. And the 110th meeting of the National Governors association and lets give another big thank you to nothing but trouble, who were pitch perfect. A big hand for them. Ma
[applause] and now, for the main event. Our my honor to welcome first speaker and distinguished guest, the australian Prime Minister, malcolm turnbull. Mr. Prime minister, thank you for joining us today and providing an opportunity to continue our dialogue about how we can all work in partnership to grow our economies together. For those of you who do not know, the Prime Ministers address is especially timely. Years since our two countries became allies in world war i. Since 1918, our relationship has grown beyond just military alliance. Has allowed our states and citizens to collaborate across a range of our tos and increase despite time zones. I had the opportunity to visit australia in 2016. I saw firsthand the significant cultural and economic ties between our two countries. I speak for all of us, mr. Prime minister, when i say governors are ready to elevate the support and partnership and hear from you on how we can better our bilateral cooperation in the next 100 years of make sh
Let us seek to build a more just and Peaceful World where every child can grow up without violence, worship without fear and reach their godgiving potential. As long as we are true to americas founding and the example that all of these great founders have set, we can all be heros to everybody and they can be heros to us as long as we open our eyes to gods grace and open our hearts to gods love, then america will be the land of the free and the home of the brave and the light onto all nations. [applause] thank you for this incredible event and to our wonderful hosts and thank you to all of our heros for serving, protecting and inspiring america each and every day, god bless you and god bless america. Thank you very much. Thank you. [applause] stuart President Trump right there, a religious speech, he quoted matthew in speaking to steve scalise, he used jesus name and the theme of short speech was faith is central to American Life and liberty. Now this, lets get on with the show, lets ge
The road map begins with ibm, sales falling for the 13th straight quarter. Ibm not the only stock were reporting on this busy weeks this week. Mixed quarters for vz and united technologies. And facebook the company overtaking overtaking General Electric in market value. Ibm, sales down. Adjusted earnings did beat but the performance of the traditional and software dragging. Earnings hurt by the strong dollar. And they expected a slightly stronger currency impact. The cfo is calling the results a reflection of where we see longterm value in i. T. This will take some time. I think one of the things that happened that was wrong were ibm was that the stock ran in anticipation this would somehow be a breakout quarter. The cf so great. He made it clear it wasnt going to be a great quarter. I kept thinking what about what he said made him feel like this was the one. Software was not as long as id like. Backlog did grow. There were problems in brazil russia, india, china. I am not defending th
Should. Maybe we will take classes for our kids, maybe all discussions and conferences, maybe the charlie rose show will be in Virtual Reality. I think before we really see those futures, we will begin to see a more massmarket adoption of either a movie or entertainment thing. Entrepreneurship, for the hour, next. Jeff bezos founded amazon out of his garage. It is among the worlds most valuable companies. He is one of the worlds richest people, second to only bill gates. Amazons mission is to sell everything to everybody. Services is a leading company in the cloud. Became the amazon First Digital streaming service to win a golden globe for the best television series. Founded blue origin to lower the cost of space travel and increase its safety. He purchased the washington post. Here is our conversation. What is it that amazon wants to be . Way to answer that question, is the thing that connects everything that amazon does, our number one conviction obsessions customer as opposed to com