vimarsana.com

Transcripts For ALJAZAM Real Money With Ali Velshi 20141001

Card image cap

This is real money, and youre the most important part of the show. Tell me what is on your mind. Well, fear spreads in america one day after Health Officials announce the first diagnosed case of ebola in the United States. Theyre now busy trying to figure out who may have been exposed to a liberian citizen who landed in dallas on september 20th. 1800 people have died because of the ebolaout outbreak in liberia, and more have died in neighboring african countries. Ebola is deadly, but its not easily transmitted. Nevertheless medical Authorities Say they need to monitor everyone who may have come in contact with the patient to be sure. For more on the latest in dallas receipts go to heidi zhou castro. Bring us to up speed. We learned as many 18 people in the dallas, texas, community may have been exposed to this patient, and five of those individuals are children. This man went back to his apartment complex after he was turned away initially from this emergency room with nothing by antibiotics. Over the weekend he came in contact with these five kids and these kids unknowingly went back to school on monday to four different compasses. Of course parents are concerned, and these kids its notable to say that have not shown any signs of symptoms. I think what is so concerning were hearing about this guy being turned away, and then you listen at the press conference, theyre saying we were prepared for this, people were thinking that this might happen, but how was he turned away . How are they going to make sure that this doesnt happen again. I think that was a big red flag for people. Exactly. There is a lot of conflicting information. They said that workers here did not know that he had just come from liberia. Well, today they amended that statement saying that this man had told workers all along that he came from liberia. Nevertheless that didnt make it in the records and it was not taken into consideration that night. Also he was not expressing any ebolaspecific symptoms. Rather it seemed like a form of flew, and workers sent him home with nothing but antibiotics. He was at large in the Dallas Community for 48 hours before he felt so sick that he had to call an ambulance. And jen, thats the other part of this, an ambulance took him with three paramedics on board from his apartment complex back to the hospital where he is now admitted. So far paramedics show no symptoms, but hopefully that will continue. Fear does s ton jay justice. Major airlines which have been big winners this year fell today. This is over potential travel repercussions of an Ebola Outbreak. American airlines lost 3 . Jetblue and delta fell 3. 5 . And southwest took a 3. 6 hit during todays trading. It adds to the woes of the wider trade market. Bio firms shot up in trading today. Shares of tekmira shot up 18 and new link shot up 7 . Investors are placing their bets on these companies to find a virus. But there are big hurdles before they can make it to the masses. The race is on for an ebola vaccine and wall street is taking notice. Investors are piling in to stocks of small Bio Tech Companies working on a vide vaccine. However, like most bio techs specializing in exotic viruses. These small Bio Tech Companies all with 100 employees or less are under the gun to stop an epidemic. The World Health Organization and various u. S. Agencies including the National Institute of health and the u. S. Defense department are popping more than 300 million in these companies to accelerate their Clinical Trials of vaccines. New link Just Announced the food and Drug Administration had introduced the clinical phase. Anthere is approval from u. S. And canadian authorities to begin testing. Its a major gamble. Testing can take years sometimes up to a decade before drugs can be used on the masses. There is another hurdle, producing enough doses to accommodate command. One company made big fuss this summer when two american missionaries recovered from ebola after using experimental drug zmapp. But doctors arent sure whether it was the drug that cured the workers. The department of health and Human Services has already given the company 25 million to fast track zmapp. But the company has thin supplies. On its website it says us of august 12th the available amount of zmapp has been exhausted. Even more disheartening, under the questions discuss zmapp work . The answer, we dont know. Glaxosmithkline is also testing its ebola vaccine on humans in the u. S. And u. K. The company is producing 10,000 doses for distribution if the trial proves successful. Al jazeera. We go to an Infectious Disease specialist who says that ebola vaccine will do little for the current crisis. He joins us from the daily beast. Youre not saying that the vaccine makers, everybody trying this should pick up sticks and stop working, its just that its not going to help us right now. Vaccines being able to cure every problem. Vaccines will help us with the next Ebola Outbreak but the 2014 outbreak will not have any sort of curtailment because of vaccine development. Are you confident that these will help . Its taken so long and we have will to develop an ebola vaccine. But that is not going to help us right now. Lets talk about what ask happening right now. Specifically how does the cdc handle everything. I want to pick up an article that you wrote. The headline was the cdc was wrong about how to stop ebola. So what are they wrong about . What should they be doing . I think theyre exactly right on the issue of threats the public health. There are very few threats to the public health, air travel is safe. People who are not in intimate contact with the patient are completely safe. I thought they low balled it a little. Usually theyre inthey try to calm people down and they did that here. But i thought they low balled the risks of the Healthcare Workers who are dealing with this particular patient. There have been many Healthcare Worker deaths in west africa. What happens is you need to gown and glove and mask with unbelievable precision. And meticulousness. And people stray from that perfect behavior over time. Just drifting a little bit seemingly with ebola there is very little room to maneuver. Just the wordy bowl la strikes fear. He was on a plane with air travel in particular. Would you got on a plane right now . Absolutely. Will you send me somewhere . You have no problem. We have evidence on that. A lot of ebola and probations are based on judgment. And good guesswork. We have real evidence about air travel. And the evidence on air travel is this. There was the case of a person flying from liberia to nigeria who introduced seemingly ebola to nigeria. He was on a manyhour flight. No one on that plane got sick, and he was very ill. So its axeio mattic that youre not contagious unless youre sick. Reflecting the fact that you really need sustained intimate explosion to blood, body fluids, not sitting next to someone. No concern on my part. No concern on the plane. How Many American cities do you think well wake up and that will be the headline . The fact that it has happened once. When you get enough cases happening and circulating in west africa eventually this is going to happen. If it happens once. It will happen a second and third time. But i think American Healthcare is really equipped to nip it in the bud. Thank you. The Infectious Disease specialist at the Cancer Center and contributor to the daily beast. Thank you very much. Raising the takes in hong kong, protesters demand that the city leaders resign or else. Well tell what you the next step will be. And what is keeping protesters connected and communicating. We have that and more on real money. Keep it here. Protesters in hong kong are raising the stakes in democracy movement. If the territory leader does not resign by the end of thursday they will take the protest to another level. That may mean occupying development buildings. For more of what is happening in hong kong we turn to rob mcbride. Another quiet night on the streets in hong kong as thousands continue this protest of autopsy. It comes, of course, on two days of Public Holidays in hong kong, october 1st. Organizers of this protest are expecting numbers to pick up on the second day of this public holiday. This is a deadline day for political changes theyve been demanding. If they do not, then theyve threatened to step up their action occupying specific government buildings. This is, of course, could take this protest a new level leading to violent confrontations once again with the police, with riot police, or security staff, government buildings. And also with protesters facing much serious charges and one of occupying public space. This could lead to an escalation in this crisis. But for the embattled leader himself they seem to be no intention on his part certainly to make any kind of recognition or give concession in it stage. The arab spring showed us the power of social media. Now a new technology to communicate with each other, its called fire chat, its a message app that works off the grid. You just need bluetooth and close proximity to who youre messaging. The owner the fire chat, can you explain what own mesh is. Thats the technology youre use to allow the protesters in hong kong to communicate. Exactly. What happens with the analogy of the messaging in the application. When it cannot connect to a cell tower, it connects directly to other phones and then it creates a chain. Visitors can keep flowing from one phone to another and eventually reach the internet if one of the users is connected to the internet. This seems like perfect timing. You were on a business trip in hong kong, and this whole thing kind of exploded. Tell me how many downloads youve had, what is happening and what youre seeing happening in hong kong. Well, its pretty unusual. I was on a business trip. Its really unusual because these numbers are only for the city of hong kong. Its very, very unusual and huge number of results. When you look at what people are saying on fire chat, its practic practical information. Theyre staying in touch and giving practical information of who needs help, water, umbrellas, when youre in the middle of this protest, many Times Internet is down. Right, and these networks are stronger when people are on it. Of all the people there this is quite strong. I want to tal talk about its strength in terms of security. You talk about the information being exchanged. That might be information that they dont want the authorities to see. But in isnt really secure from everybody. Other people can see it, right . The securities, i mean, it is in the broad sense. It is secure in the way that all this conversation have gone public. When you have private work and theyre trying to Exchange Messages that they dont want others to see. What is your Business Model . This is kind of unexpected, but you must have had a plan along the way to figure out how to make money on this. I think it was for concerts and burning man that you thought it would work for, but look at the success youre having here. So initially the application was created for entertainment, and more specifically it was a way for us to demonstrate the technology mass. Yes, we were overwhelmed by the success. It was built for concerts, festivals, conferences. For example, it was used in the u. S. For the event of burning man. Where there is no connectivity. I know its been a busy few days for you. Cofounder and ceo of open garden. Thank you. Thanks a lot. The benefit of fire chat is that it relies on mass networking. As he was describing. You can send it to friends even if internet is cut off. But it may not be as secure as everybody thinks it might be. Lets go to jake ward in San Francisco. Will you talk about the Security Issues here . As meisha explained this is a tremendously helpful thing for people who dont have connectivity or cell phone signal in an environment. This is a totally public form of communication. Literally if youre trying to coordinate a protest using this technology youre essentially writing your messages in the sky for absolutely anyone to read. Mesh networking in the sense that it has been used in other places. There are mesh networks set up in the United States. Some in tunisia. There is a big one in south africa. Those are closed networks and incrept and silkily designed to avoid being shut down by an auto cratic government. It seems to be very useful. But what is the next step for mesh networking and fire chat. Do you think theyll go the route of inscription and is that the next important thing that well see. Theyre talking about a private encryption in the future. Be careful about what technology you use to coordinate a protest. There have been two instances of new apps popping up that turn out to be fake. Created by some other entity. Many are saying that the chinese authorities may have created them. These apps ask for your location, contact list, access to some of your messages and Vital Information on your phone. If youre going to coordinate a protest you really have to know what youre doing. Anyone making a piece of software that people will use to protest has to be careful when it comes to what they promise when it comes to security. When Technology Comes up, and there are issues, as you said, this piece of malware that has been an issue in hong kong and then there is other technology that fixes that. Are you seeing protesters in hong kong, are they nimble enough to get the word out, dont go to that. Can technology in the end rule the day . I think it absolutely can. There are far too many people with far too much passion. There is too much energy and too many numbers to fully stifle a movement no matter what technology they use. The lesson is the amount of trust. People need to be careful about it. The idea that you could have this inquestionedbly robust selfhealing network that relies on the devices and doesnt go through a central server, thats very cool. On the open garden forum are users look to chair notes and use support, they say the server through which you register a server name and password is being shut down in mainland china. You cannot use fire chat anywhere but hong kong right now. Its easy that this could be shut off. They may not be able to use it or sign up for it. But this is only in its infancy to be surveillance avoidance. Very cool, indeed. I signed up for it myself. Thanks, jake ward. Thanks, jen. Well, september sales top the industry. Ill look at why consumers are overlooking g. M. s black eye. And then the percent. Well look a that the coming up. With the most interesting people of our time. Talk to al jazeera, only on Al Jazeera America investigating a dark side of the law they dont have the money to puchace their freedom. For some. Crime does pay. The bail bond industry has been good to me. Ill make a chunk of change off the crime. Fault lines. Al jazeera americas hard hitting. Theyre locking the door. Ground breaking. We have to get out of here. Truth seeking. Award winning, investigative, documentary series. Chasing bail only on Al Jazeera America start with one issue education. Gun control. The gap between rich and poor. Job creation. Climate change. Tax policy. The economy. Iran. Healthcare. Ad guests on all sides of the debate. This is a right we should all have. Its just the way it is. Theres something seriously wrong. Theres been acrimony. The conservative ideal. Its an urgent need. And a host willing to ask the tough questions how do you explain it to yourself . And youll get. The inside story ray suarez hosts inside story weekdays at 5 eastern only on Al Jazeera America september was a strong month for most major Car Companies. General motors and chrysler led the industry with 19 sale increases. Only ford and voxing wagon saw a decline. Auto sales have remained a bright spot this year. Septembers pace follows a robust august which was the best month in the industry in eight years. Pickup trucks remain a big driver and gm will take advantage of fords decision to pull back on 150 truck as it prepares for an aluminum version next year. Automakers stock rose 2 on a day when the Broader Market plunged. They seemed to like that mary bar ra said today about improving g. M. s profitability in a meeting with shareholders. She laid out a plan involving cost cuts, new vehicles and changing g. M. s culture. That culture has received a lot of blame for the calls with faulty ignition switches that have been linked to 23 deaths. It has been an awful black eye for g. M. And repairing the damage it has done to the companys reputation wont happen fast. G. M. Sales are up 19 . Can you tell me who is buying these cars amidst all of these news . G. M. Has builtin buyers. If you think about how theyre handling the recalls, the safety issues. G. M. Is a strong company, especially in the middle of the country. They came out with a redesign chevrolet civilled a do, which is a huge sellers. So attached to g. M. My mom and dad drove a g. M. Is there no chance that g. M. Will flip here . From a generational standpoint people were, youre a g. M. Guy, dodge guy, ford guy, but now as you have more more consideand more Car Companies coming to the United States. Their quality was lousy. Their product was lousy, and they didnt seem to care at all. I think there are people who think there is this kind of family thing that is ingrained in them. But you have other people who know they have a lot more choices. So does that mean that everything that happened with the ignition switch recall and all the battering this brand has taken. The stocks are up 2 and every seems to like what theyre hearing about the future of the company, is all of that in the rear view mirror right now for g. M. . Are they over all of the ignition switch stuff . I think in general customers can have short memories. This short . A few years ago it was toyota. Toyota had the whole unintended acceleration things. And then before that volkswagen with major ignitionone of their coils failed. I mean, hundreds of thousands of cars were recalled. Every few years there will be another manufacturer who goes through this. Bring it to the dealer, theyre going to fix it, and most of the cases the fix is an one and done. Just the fact that were talking about the g. M. Recalls there is another massive one coming up next week. And it will really be behind them. How do you buy a car now. You look at these g. M. Recalls, and you look at some of the national Highway Traffic Safety Administration reviews, how they reviews, and they had excellent safety reviews. What are consumers supposed to do amid all of this . You should go to an organization like consumer reports. When we recommend a car it has to do well. Average reliability and better in our National Surveys of our subscribers. It has to do well in crash tests. Do you ignore those . We dont ignore them, but for a car company to say oh, we got a fivestar government crash test, the bar is pretty low. When you want towhen youre trying to tell your viewers and everyone out there how do you find a safe car . Go to the Insurance Institute for highway safety. They are the organization that crashes the cars that really, really do an awesome job. If you do well in their tests thats saying something. Okay, now we know where to go. Mike quincy, consumer reports, thank you so much. Up next its the oneyear anniversary of obamacare. And well give a prognosis for year two. Real reporting that brings you the world. This is a pretty dangerous trip. Security in beirut is tight. More reporters. They dont have the resources to take the fight to al shabaab. More bureaus, more stories. This is where the typhoon came ashore. Giving you a real global perspective like no other can. Al jazeera, nairobi. On the turkeysyria border. Venezuela. Beijing. Kabul. Hong kong. Ukraine. The artic. Real reporting from around the world. This is what we do. Al jazeera america. One year ago today president obama moved to overall americas Healthcare System got off to a very rough start. Im talking about the debut of the Affordable Care act. Or obamacare. 12 months later the computer glitch of those trying to sign up for coverage are long gone. While millions successfully got insurance only care still faces challenges and obstacles. Just being able to log on to healthcare. Com a year ago was the first test. The focus has turned to its enrollment. The administration estimates 7. 3 million americans have signed up for healthcare plans and paid for their premiumups. Thatpremiums. One healthcare expert said that the prices patients are paying among the challenges that need to be fixed. A lot of these plans have very high deductibles up in the range of four o 4,000 to 5,000 which means a lot people will have their coverage and have trouble being able to afford to use it. Patients are facing a limited choice of doctors or hospitals in narrow networks. Those healthcare choices and expenses vary state to state. Adding to that complexity is half the country has expanded medicaid under the Affordable Care act. To date 28 states including washington, d. C. Have done so. Another challenge Going Forward the law will require people to without insurance to pay a penalty. But the Obama Administration has expanded exemptions for the 30 Million People under 64 years old expected to be uninsured i in 2016. And the government report finds that a majority at least 23 million of them will qualify for one or more of these exemptions. But a year after enrollment began the simple fact that obamacare is still intact is seen by some as a measure of success. Remember, were now celebrating the first birthday of this law. A lot of people thought it was going to die deaths many times over the last four or five years. This is sort of the cat with nine lives. Mary snow, al jazeera. Obamacare made it through year one but what is the prognosis for year two. For the chair of Columbia University says while the law faces plenty of growing pains its here to stay. He joins us now. This has a way of being around for one year. Blow out the scandals. Do you think its entrenched enough now that its going to stick around . Its here to stay. Its entrenched. It may not be an a at this point, but its a not a b or c. Its bplus. Its a very divisive issue. When you go out and see what people are saying on the anniversary. There are people who say there are the as and then the fs. Its very political, and it is very divisive out there. Absolutely. I think people are concerned about some of the legal challenges coming down the pike this next year. Do you think thats a concern. I think there are issues legally. What was the goal . The goal was to try to reduce the number of uninsured in the United States a significant amount. We were going to expand medicaid and encourage private insurance and impose the mandate. We had all these efforts that were in the law. How is the law doing . Well, good, not so good. Medicaid, as you point out. 27 states have expanded medicaid and you have americans who have medicaid now who didnt have it before. Thats a plus. The exchanges. Problems, admittedly real problems with the enrollment both with the federal website and state websites but millions of people have insurance who didnt have it before. Thats a plus. Could it be better, yes. Do you think it will be better in the second year . I sure do. Specifically enrollment. When you step back and look at that. Its somewhere maybe not in the middle but above, going into the second year, you have open enrollment coming. Anyone who has been through open enrollment through a Company Knows its not fun. Just going through it at any organization. For now everybody would be going through open enrollment. What do you think that will be like . Is that going to be deja vu . I think there is a real effort on the part of the federal government to say if you had gone through it the first time around, its not going to be as bad as next time around. You dont have to start from scratch. Well take the information that we have. There are folks who are frustrated last time who didnt sign up last time who are now going through it the next time and that experience will be better. Is it going to be perfect . No. Are there going to be glitches . Yes. But it will be better. What about cost containment. We saw that the big question is why. The administration would say, well, of course its the aca. Imphee not sure that its the aca who gets credit for this one. The recession had a fair amount to do with it. I think the absence of a lot of blockbuster drugs had to do with it and fundamental changes in the healthcare marketplace had a lot to do with it. I dont think aca gets credit for reduced costs over the last few years. Professor at Columbia University, thank you for helping us wish obamacare a happy first birthday. Well have to monitor how it goes the next year and you can join us on the next birthday party. Hiring in the private sector picked up. Racing hopes that the governments monthly jobs report out on friday will show growth. September marked the sixth straight month private businesses added 200,000 jobs. One encouraging site is the Manufacturing Sector which added 33,000 jobs. That the highest total in four years. Meanwhile, the Housing Construction fell a fraction reflecting a pull back by homeowners on remodeling. On a positive note overall construction building was 5 higher on seasonally adjusted annual rates from a year ago. Up next, extreme wealth. There are over 2,300,000,000,000 narrows in the world. Worth more than 7 trilliondollar. Imagine how they live. Ill paint a picture when we come back. If you want free press in the new democracy, let the journalists live. Forget about the 1 . I want to talk about a group of people whose extreme wealth puts them in a far more exclusive club than 1 . These are the 2,325 billionaires around the world with a combined net worth of 23 trilliondollar. Thats enough to pay off china. New York Magazine annie lowry dug through this billionaire census and wrote an article of how the. 00003 lives. She talked about it recently with ali velshi. Take a listen. Annie, great to see you again. I know you cover a lot of important issues on Economic Policy that you and i talk about. But i want to lean on this study and replace your picture here with a Baseball Card of who this person might be. Theyre worth 3 billion, works in finance and most importantly part of a group of people who control 4 of Global Wealth. Talk to me about this. Yes, so our composite character here, its just a most likely the guy is most likely american. Most likely lives in new york. Most likely made his money on wall street. Most likely made his money himself. Didnt inherit it, primarily made it. If youre thinking about the Michael Bloomberg or the other really wealthy financ financier, its not far off. But what is interesting how much wealth that they hold. So again, its just 2,000 people. They have 4 of the entire worlds wealth. Thats really a lot. Its a very small percentage and thats a big chunk of change. But there are other interesting characteristics. Theyre getting older and getting ready to transfer that wealth to 20yearolds or younger than that. But the idea that the impression that you probably had is not so far off is one of the take aways. I would have thought that they were getting younger because of all these internet billion narrows, people who are selling their apps. The interesting thing about them is that they probablythey probably hold a lot of their money in cash. Exactly. That probably has a lot to do with their age. And probably has toot with the Interest Rate and environment. Obviously youre not making big returns if you are holding a lot of money in bonds or Holding Money in cash obviously youre make nothing return but these guys are conservative. I think that reflects the fact that theyre somewhat older. A lot of these guys are not at the point in their lives where theyre sort of making a lot of money. So theyre hanging on to it and tending it. Had they all left it in the market they would be doing a little better off but it seems instead theyre holding it in safe assets, bond, cash, indicative that a lot of them are preparing to sort of move into the next phase of life. Unlike twothirds of americans, they dont have to make up for lost time. Do we hate these people or do we admire them . I think its a little of bit of a and a little bit of b. A lot of them made their money in finance. The residual effects of the financial collapse there is still a lot of concern that the economy has become too financialized, and these guys have the rent on the rest of the economy. The government bails them out on a lot of cases and those gains were not entirely earned. But on the other hand these folks are making their own money and in the United States there is appreciation for that. But stepping back and noting that a lot of them are not americans. A growing number of them are from emerging economies and theyre making it from diverse concerns and all sorts of ways. Its a little bit hard to say. One thing that does come out in the report despite the fact that its a diverse group, theyre friend with each other and listen in these cities and hopscotch from new york to london to these global cities, dubai, hong kong. Are they mostly american . Its interesting. Are me mostly american . Yes, the Biggest Group is americans, but its not like americans are even close to half. Theyre really from all over. So yesterday you moderated a panel about the American Dream. And so this begs the question, something about the American Dream we know is somewhat broken because so much of america is not participating in our housing boom, is not participating in our stock market boom, and in fact, from a wage perspective theyre moving backward. An at best theyre standing still. I guess the question that your panel addressed is the American Dream dead . Yes, its really hard because obviously the mechanism of transmission from Global Growth and Global Wealth accumulation to middle class incomes is really well and truly broken. That failure has a lot of fathers. Its really not clear how to fix it. But it is true one way or another that in the wake of the recession even though the economy is growing, and now at this point it is growing at a fairly healthy pace middle class families still are not feeling it. I think as we move forward for the next ten years until we get to another recession in the United States thats going to be the question. Is it irref cobbly broken . But its not something that you can do overnight. And they may switch into a career that makes a lot of sense that you needed to be in when youre 20 or 30 as opposed to 50 or 55. It remains the intractable problem of our time. Annie, thank you for being with us. Thank you for having me. Contributing editor at new York Magazine. Well, coming up, a microcosm of the minimum wage debate all in one building. See if workers can get a raise just by going down the hall. The minimum wage has been at the center of many heated debates this election cycle. Would raising it help people get paid minimum wage put money back in the economy or would higher wages cost businesses too much . Melissa chan is in San Francisco to tell us how both sides of the argument is playing out in one shopping center. Reporter lets say those looking for a job in the shopping center, if they pick the right store they might actually get paid more. This is a tale of one mall under one roof but in two cities. Part of it in san jose, another part in santa clara. San jose, santa clara. I dont think a lot of people know about the difference, and they find out last minute, actually. Shoppers certainly wont notice the difference, but for workers different cities mean different rules. Im standing on the border one foot in each city. If you work in san jose your minimum wage is 10. 15 an hour. If youre unluckily and youre toiling away in santa clara, your minimum wage is 9 an hour. The split happens in 2012 when san jose raises its minimum wage and stores faced Staff Shortages until they stepped it up. Were in santa clara paying 9, but we want to be competitive with what is going on in the mall, and also with the fastpaced environment so we pay more four our employees. The same insurgency took place at the bakery. Well, eventually enough of us started to make a stink about it, and we got our races. That meant that the store has more pressure to turn the same profit for its owners. Your profits are going down. Its labor expense is going up. So the bottom line changes right away, and you have to sell more. You see the profit drop because of the changes. The gap had another conundrum, the store straddles both cities. It opted for the path of least resistence. We start our employees off at the higher wage, which has been great for us. And it allows us to continue to retain our great talent while still continue to go attract great talent to our location. Does raising wages force prices up and reduce consumer demand . Al Valley Fair Mall there is no clear answer. Some raised prices, some didnt. After all economists and politicians have battled over this one for years. And just to add a little bit of context to this, the federal minimum wage is 7. 25 in california the state minimum is 9, which is the santa clara amount. If you managed to keep track in the report. Here i in San Francisco they have an initiative to make the minimum wage 15 an hour. Im melissa chan. A super interesting story, who would have guessed, going on in one mall. Well, from minimum wage to anything but, forbes estimates recentry retired new york yankees derek jeter has earned 400 million in salary and endorsement. Thankfully he has found a new job providing fans with direct access to star athletes. Now the motivation behind the site, according to jeter, is to allow athletes to express themselves openly without the fear of reporters distorting their words. But it was another media story that got me thinking. The New York Times announced further layoffs were coming. A move mired in many news rooms across the country. What is the role in the times of twitter and forms of direct access to newsmakers. That depends on the news. Off the field i wants, professional sports pride a diversion, and with unfiltered access to politicians and others in power render media obsolete . The answer is a resounding no. Journalists all around the world are imprisoned and killed for trying to get stories that others would rather not be told. If you want to hear directly from your favorite athlete like derek jeter, i get it. Im a huge baseball fan and huge derek jeter fan, and that sounds like a lot of fun. But lets make sure that we take a moment to realize both the value for reporters and the true cost of living in your news rooms every day. Thanks for watching. This a real money. This is Al Jazeera America. Im David Schuster in new york. John siegenthaler has the night off. Demand for democracy in a tense standoff, thousands of people fill the streets again today in hong kong, calling for a change in leadership. We will tell you about their plan to escalate. Changing of the guard. The head of the secret service has resigned. We will look whether her departure will put an end to the embarrassing security breaches. Forces have moved close

© 2024 Vimarsana

comparemela.com © 2020. All Rights Reserved.