Lisa welcome to the stage please welcome to the intersect stage, iti board member and Vice President global Government Relations at meta. Hi, everyone. That wasnt a very good applause. Are yall asleep after lunch . Come on. Welcome, everyone. Its good to have you here and my honor to welcome you to the Second Annual intersect tech and policy summit. My name is kristin and i run global Government Relations for and i am proud to serve on the iti board of directors. This is a great crowd that we have here today. I dont think everyone is in from lunch and everyone is chitchatting the bit, which is okay, but we also have a lot of people online and over 1000 people registered to participate, which is awesome. Very exciting and i think that testament to all that is currently happening on tech policy. It is his eyes. There is never a dull moment in the world of tech and no exception to that right now. Technology continues to evolve as it always does. This year has been a landmark year for inno
December as investors await their g. D. P. Numbers out. And that is what you need to know. David for more on those g. D. P. Numbers, we turn now to carl, chief of u. S. Economist. So we have five quarters of slim pickings. What are we looking forward to . Its growing at 3. 3 five quarters ago. Now were growing at 1. 3 which is below the feds neutral growth separate and thats problematic for the economy. Consensus going into todays number have steadily deteriorated over the course of the quarter from north of 3 , 3. 5 well say at the start of the quarter down to only 2. 6 . And i think theres a risk maybe that Consumer Spending which was the major Growth Engine in q2 could fire on a much softer level in the Third Quarter. Alix inventories. We saw it drop on the Second Quarter which is unheard of when youre not in a recession. When is the payback for that . That subtracted about 120 basis points off the headline growth figure. And the expectation was well, that will turn into a significa
Who she is. I feel confident hillary will be the nominee and will be the next president. Mark mr. Bidens comments go further down further them president obama. Donald trump says he has narrowed his list of potential running mates to about five with deep resumes. He says he has not ruled out new jersey governor chris christie, who has been chosen to head trumps transition team. Global news 24 hours a day powered by our 2400 journalists in more than 150 news euros around the world. From the Bloomberg News bureau in new york, im mark crumpton. Bloomberg west is next. Emily im emily chang and this is a special edition of bloomberg west in boston where we are surrounded by 1500 government and Civic Leaders for the annual meeting of the chamber of commerce. Welcome to those turning in tuning in on television and those here in boston. A huge discussion topic is the growing tech infrastructure. We will hear from the person who helped spearhead the move to boston, mayor marty walsh. First, we w
Global news 24 hours a day powered by our 2400 journalists in more than 150 news euros around the world. From the Bloomberg News bureau in new york, im Mark Crumpton. Bloomberg west is next. Emily im emily chang and this is a special edition of bloomberg west in boston where we are surrounded by 1500 government and Civic Leaders for the annual meeting of the chamber of commerce. Come to those turning in tuning in on television and those here in boston. A huge discussion topic is the growing tech infrastructure. We will hear from the person who helped spearhead the move to boston, mayor marty walsh. First, we want to begin with biotech because while boston may have fallen behind look on valley in internet startups, it is holding its own in this sector. Massachusetts gets more than triple li na of funding from the National Institute of health in california. Venture Capital Funding also spiked to a record 2 billion last year. The area we want to focus on his cambridge, home to 180 Tech Co
War over there. The fbi is taking agents offwhite collar, and theyre active. And the president obama says migrants are shameless if they bring in christians first. This is shameless, greece plays turkey in a friendly soccer game. During a minute of silence for the paris victims, there were boos and shouts of allah akbar, which is what the terrorists shouted as they killed their victims. Shameless indeed. Varney company is about to begin. To the battle in paris, the raid in the paris suburb of saintdenis is over. Ashley this began at 4 a. M. Local time, stuart, its in an area north of paris, the same area of stade de france. Police officers were injured and this is a stand yoo of that landed seven hours, during which a female suspect detonated the suicide vest that she was wearing and another suspect was shot inside an Apartment Building and then we had arrests following that. Why did they pick on this area . They have been stamping phones and they were under the belief that the masterm