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Transcripts For FBC Maria Bartiromos Wall Street 20240714

Stock exchange looking to shake things up in the stock market by making investors and managers focus on companies longterm interests. Joining me is the founder and ceo, eric reese. Eric, its good to have you on the program. Thanks so much for being here. Thanks, happy fourth. Maria i want to talk about the longterm nature, but first, youve got some news. Tell us about the filing that the company made. Yes. So we were approved as a National Securities exchange on may 10th, and now were making our first in a series of filings that are the actual standards, the principles that companies have to comply with in order to be on our exchange. Maria lets talk about that in terms of the Ownership Structure of the company, which is what a lot of people want to better understand. Sure. So at this stage were talking about the disclosures that companies will be required to make that show how theyre in compliance with these principles. The principles are things that are aligned with what a 21st centu

Transcripts For FBC Maria Bartiromos Wall Street 20240714

Things up in the stock market by making investors and managers focus on companies longterm interests. Joining me is the founder and ceo, eric reese. Eric, its good to have you on the program. Thanks so much for being here. Thanks, happy fourth. Maria i want to talk about the longterm nature, but first, youve got some news. Tell us about the filing that the company made. Yes. So we were approved as a National Securities exchange on may 10th, and now were making our first in a series of filings that are the actual standards, the principles that companies have to comply with in order to be on our exchange. Maria lets talk about that in terms of the Ownership Structure of the company, which is what a lot of people want to better understand. Sure. So at this stage were talking about the disclosures that companies will be required to make that show how theyre in compliance with these principles. The principles are things that are aligned with what a 21st century company, a founder and employ

Transcripts For FBC Maria Bartiromos Wall Street 20240714

Things up in the stock market by making investors and managers focus on companies longterm interests. Joining me is the founder and ceo, eric reese. Eric, its good to have you on the program. Thanks so much for being here. Thanks, happy fourth. Maria i want to talk about the longterm nature, but first, youve got some news. Tell us about the filing that the company made. Yes. So we were approved as a National Securities exchange on may 10th, and now were making our first in a series of filings that are the actual standards, the principles that companies have to comply with in order to be on our exchange. Maria lets talk about that in terms of the Ownership Structure of the company, which is what a lot of people want to better understand. Sure. So at this stage were talking about the disclosures that companies will be required to make that show how theyre in compliance with these principles. The principles are things that are aligned with what a 21st century company, a founder and employ

Transcripts For FBC Maria Bartiromos Wall Street 20240714

Things up in the stock market by making investors and managers focus on companies longterm interests. Joining me is the founder and ceo, eric reese. Eric, its good to have you on the program. Thanks so much for being here. Thanks, happy fourth. Maria i want to talk about the longterm nature, but first, youve got some news. Tell us about the filing that the company made. Yes. So we were approved as a National Securities exchange on may 10th, and now were making our first in a series of filings that are the actual standards, the principles that companies have to comply with in order to be on our exchange. Maria lets talk about that in terms of the Ownership Structure of the company, which is what a lot of people want to better understand. Sure. So at this stage were talking about the disclosures that companies will be required to make that show how theyre in compliance with these principles. The principles are things that are aligned with what a 21st century company, a founder and employ

Transcripts For BBCNEWS Business Briefing 20240714

It isa it is a critical day for rozelle. Brazil. Brazils lower house of parliament will vote today on a long awaited overhaul of the countrys generous pensions system, which analysts say is critical to improving brazils public finances. This will be the first major test for the government of far right president , jair bolsonaro, who has made the issue one of the central platforms of his government. The pension reform bill is the central plank of president Jair Bolsonaros economic policy. It aims to generate savings of around 940 billion reais or 2; billion over the next decade. The plan includes raising the minimum retirement age, to 65 for men and 62 for women. Retiring at 55 is currently the norm, with Many Brazilians earning 70 of theirfinal salary for the rest of their lives. Pension reform is key to bringing down brazils ballooning debt, which touched a record 79 of gdp or total economic output in april. Pension payments account for about a third of all government spending. The ov

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