Your thanksgiving table. Which is only a few weeks away. Great way to start the show. I will definitely say there is a toxic atmosphere developing for ipos. News this morning that endeavor is delaying going public. Thats an entertainment and Sports Company and this is the second time its delayed. Weworks ipo also clearly in trouble. More on that in a moment. Pelotons debut yesterday was not good. The offering price, 29. It closed the day at 25. There are a lot of new companies that people might like to buy into. But it seems that the valuation of many is just too high. May i use the toxic word again . Try this. A toxic environment for vaping. The cdc reports that 52 jump in vaping related lung illnesses. This is now a hot button issue with a Legal Industry under sharp attack. Vaping came in as an aid to quitting smoking. Its not looked at in the same way now. Lets change the subject. Wait until we see wait until we tell you how much Jerry Seinfeld is getting from netflix. Wait until we
Recess of the subcommittee at any time. This hearing is entitled in examining jewels role in youth epidemic. I recognized was over five minutes to give an opening statement. After users of steady decline, youth nicotine use has suddenly reversed course. Seemingly overnight. Between 2017 and 2018, youth ecigarette use also known as vaping, rose 78 percent in one year to the. Where over 20 percent of High School Students now they. The lingering question is why. And what was the role of joule, the countrys dominant maker of ecigarettes with almost 80 percent of market share in the dramatic rise in vaping. The panel assembled today will help us address these questions and frame our discussion for part two of this hearing here tomorrow at 2 00 p. M. When joule founder james pensees, will testify. Today we will what exactly about joule advertising and marketing make it irresistible tickets. Doctor robert jack clark, the preeminent tobacco advertising scholar in the country. He will help us a
Vaping 20 of High School Students now vape. The lingering question is why and what was the role of juul, the countrys dominant maker of ecigarettes with almost 80 of the ecigarettes market share and the dramatic rise of vaping. The panel assembled today will todays address these where and with part two tomorrow monseesl founder james will testify. Today we will look at why it makes it irresistible to kids. Is a preeminent tobacco advertising scholar in the country and will help us answer that question. We hope to understand how juul whileed to youth simultaneously avoiding detection by adults. We will hear about juuls average including how juul entered schools under the guise of antivaping conversations. Then went the juul presenters told kids that their vaping tools were safe. We will hear from the parents of kids who sat through one such presentation. Were soted mothers angry that they founded a nationwide advocacy group. Although the schools that juul entered, it incited the righteo
Whenever you get an inversion like that, it tends to signal a recession within the next year to 18 months. This is the most in verdict it has been since 2007, which was the year the u. S. Did go into what ended up being the worst recession since the great depression. Nobody is predicting a severe outcome this time, but it is probably the loudest and clearest signal there is trouble ahead. We will talk about what relation that might have with the currency wars. In the meantime lets go to Kevin Cirilli at the white house. The president is in dayton on his way to el paso. What is the reception he is getting . Andn some residents Prominent Community leaders have asked the president not to attend either of these communities. That send, there has been politically divisive rhetoric that has engaged on the 2020 democratic president ial campaign trail, notably from beto orourke. At aroundent, midnight, tweeting out a political attack against beto orourke, calling him phony, among other things.
The reason its nonsense is because he doesnt know. Nobody knows. Thats why we have a policy we have a review of these procedures. Thats why we have nepa. Thats why the National Environmental policy act is in place. That many of my friends across the aisle view as the foundational environmental law. It requires federal agencies to evaluate the environmental impacts of projects before the project can be approved. The corps is in the process of doing that. I dont know if youre worried that the outcome might not be like you like. But if everything you said is true, then they certainly wont permit it. To be clear, im not advocating for or against this particular project. I dont know enough about it. But what i am saying is congress should stay out of the process of individual reviews. Setting the press dents of injecting political precedent of injecting political opinions into the nepa process means any project in the future will be subject to the whims of the Majority Party aft at the time