To say, yeah, i want to be part of that. Narrator but theres no hollywood happy ending for carpenters investors. She told people that she put hundreds of millions of dollars of her own money into the project, and that was not the case. I didnt steal their money. They made an investment. Frey what can you say, you know . Some days youve just got to go tip your hat to her ability to swindle. Narrator abundant fields of sunflowers and tomato crops surround the sleepy town of dixon, california. But in 2013, the Small Community 20 miles west of sacramento is in the whitehot spotlight. The biggest movie studio in the world is going to be built in the middle of its fertile farmland. This was cast as a 2. 8 billion movie studio project. There was nothing small about it. Narrator according to the projects supervisor, carissa carpenter, the movie studio will be the envy of the film industry. She was going to build it bigger and better than anybody else in california. Stanton she had this team of
No one knows them better than dan tillman. Plus, working from home, bitcoin and more. And demand for electric vehicles. We hear from the ceo. We have to get back to the markets. This is the top story of the markets ending the day near the session highs. Stocks tech stocks are ending high. President elect nominate janet yellen to be treasury secretary. So much news on the day. There is more positive news around vaccine. We have this big, cyclical valley. That brings another record high for the small caps. As you are pointing out, it has taken a few years for them to get a record high. Day, hitting the alltime high. The energy index is up. It will be interesting to see what is there and what happens in the future. Some are saying that the excitement around the iphone 12 is priced in and the buyers are stepping away. Nominate is likely to janet yellen, the former fed chair for treasury secretary. The markets took a move up. There was a moment where the s p 500 dipped ever so slightly. The
And trust legislation. Welcome to todays hearing of the subcommittee on antitrust policy and consumer rights, the title we chosen for today is stacking the tech as google form competition in advertising, i want to think drinking member and her staff for working closely with me and my office, we prepared for today. I also want to think the chairman of the judiciary lscommittee, senator graham for his support of this hearing. This hearing. After i and then senator klobuchar giving our opening remarks, well hear from two panels of witnesses with questions from members of the subcommittee. We have Something Interesting to deal with in the senate and every time they call votes, when they call votes during a subcommittee hearing, were at their mercy. Senator klobuchar and i have both cast our votes on the first of a series of three or four. At some point, were going to have to pause or tag team as we allow other members to hearing is googles Online Advertising business. A novelist andha whet
And i pale more that announcement coming just hours after cal, so i so said that there would not be any rotating blackouts tonight. Thousands of customers were in the dark for hours last night as temperatures soared into the triple digits. Kron fours dan thorn is live in san and elmo hes been talking with people about the heat and their concerns over the potential for more outages in the coming days well ken and pam, the rolling power blackouts for on some people out here are a painful reminder. Last falls Public Safety power shutoff done by pg and e with these high temperatures its been essential for people to keep cool and many of them are also doing their best to conserve energy or the hope for the power to stay on in marine county, the scorching hot temperatures threatening the area saturday with another round of outages something people in san anselmo do not want to deal with again it was really had no notice that it was happening whatsoever on obviously a surprise we didnt know i
Gained 160 points, but the nasdaq dipped 3. 4 we still care about the federal reserve. They know nothing just kidding. Or the president s speech tonight at the Republican National convention. But the core question is very simple, do you think we can beat covid19 sometime soon or are you expecting it to plague us into next year that can be difficult to see today, we were obsessed with fed chief jay powells big speech at jackson hole we parsed every word, and it wasnt worth parsing he was a prisoner of the flimsy orthodoxy, but these days he doesnt want to be the reason the economy falls apart. Hes saying forget the foolish ways of the past 40 years of fed chiefs his goal is to help the economy, period, until the pandemic lifts. Its joyful. Hes really smart and good guy thats a stock market like a supermarket. There are some aisles we want to go to when the virus is raging, and theres others we want to go to when its on the ropes. We dont know when well beat this thing ive been telling y