[inaudible conversations] [inaudible conversations] this full Committee Nomination hearing will come to order. This morning the committee will consider four nominations the key transportation positions within our jurisdiction. Nominees before us today are eric soskin, the nominee to be Inspector General for the department of transportation. Robert primus who is been nominated to be a member of the Surface Transportation Board. Sarah feinberg, nominated to be director of the amtrak board of directors, and chris coons was been nominated to be a direct of the amtrak board of directors. The Inspector General for the part of transportation overseas critical audits and investigations of dots programs with the end goal of ensuring that our National Transportation system is safe, efficient, and effective for the american people. Eric soskin the numbered for the some portable. Mr. Soskin is a senior trial counsel in the federal Programs Branch at the u. S. Department of justice where he h has s
Is its been a broadening out. Now, the question is is there enough money to go around to buy 3m today and also buy lets just use lets just pick nvidia, okay and the answer is thats to be determined there is a lot of newer money coming into the market, we will be talking about splits later today and the nature of the alchemy of it all but the thing that im most excited about, david, is there are industrials doing better than expected we have to stay focused on that because when we think about 3m making a come back, think about where they were and that is the you know, that is the and theyre having some good numbers this morning, thats what stood out to me and it makes me think nat industrial leg must be included in any portfolio. Its only up 2 are you kidding me youre referencing yeah, thats the stock youre referencing 3m. We should just tell people theyre giving us Monthly Sales numbers, july was up i think 6 year over year, 2. 8 billion, organic local currency sales up 3 because dont
[inaudible conversations] i think we are going to go ahead and get started if you would like to take your seat. Welcome, everybody. Thank you for joining us here today. We are excited to spend the next 55 minutes with you. Im the cofounder and ceo of a start up im honored to be the moderator today. As many of you may have guessed, then theres rick is not here today. He got sick this morning and absolutely couldnt make it. We will talk a little bit about his book just for those of you that are wondering [inaudible] [laughter] [applause] we are going to leave time at the end forng audience qanda s well so please be thinking of your questions. We would love to have an interactive conversation with you. Im going to start by saying a couple of words about the book before we gos through a to mme and his book. For any of you that havent checked it outut yet it is billionaires and its the story of the claims from the facebook story. They were the two brothers at harvard who actually hired mark
Now the ceo of juul is out and tobacco giants Philip Morris and altria call off their merger talks. The Political Risk for stocks, futures pointing to a muted open House Democrats move on impeachment and what the turmoil will mean for ongoing u. S. china trade talks. New products driving sales and double digit growth in china. Big news regarding Philip Morris international and altria. The two companies deciding to end merger talks juul is announcing that kevin berns is stepping down as ceo. It will suspend all broadcast, print and Digital Advertising in the United States as regulators have launched this crackdown on vaping products. Meantime, altria tightens their guidance for the year. Reaffirms domestic cigarette volume down 5 to 6 but it does seem like juul is entering a new chapter here as they try to get fda approval. I think if the fda cares about where was gottlieb on this cnbc contributor why didnt he shut this thing down we cant get cannabis passed in this country we let juul
Thousand then my estimate was was right on the money i was surprised by the retail number two that it wasnt higher going into the Holiday Season but you know weve talked with some retail experts in the past and they say people are moving more and more to online purchasing so it might be lower than you and i thought back to the construction though are some of those Energy Sector jobs that were created in construction really due to the those unfortunate hurricanes that we had this year. Oh yes weve weve had a naturally increase in construction jobs and then as we get into this boom of course theres even more construction jobs and then the hurricanes just come right on top of that in texas and florida and and puerto rico where theyve added a great deal of new jobs in that sector and also of course theres a lot of jobs in that sector from undocumented immigrants coming in from mexico to participate in those. You know tremendous job growth and those are not counted so the the actual conditi