Theyll have five days to submit into the record. Its called examining operation in Foreign Investment in the United States. I recognize myself for five minutes for an opening statement. The free flow of capital is a bed rock tenant of a United States economy. Insuring that free throw world wide has always been a bipartisan goal and to that end, im proud to serve in the caucus along with our call eelgs mr. Holding, hiems and meeks. It promotes Global Investment and help hads educate members about the importance of Foreign Direct Investment. Its the recipient of the greatest amount of Foreign Investment. That capital has provided a good deal of if aerj that kept our economy vibrant. To provide the fuel of u. S. Businesses and jobs. Today almost 5 are related to Foreign Investment. Most of these jobs pay handsomely, far better on average than other u. S. Jobs. But if Foreign Investment is to be a force for good, it must not be welcomed more unthinkingly than one might leave a house unopen
Interagency committee that oversees the transactions. Members her from former officials from defense and Commerce Departments. Andy barr of kentucky chairs the House Financial Services subcommittee. This is a little less than 90 minutes. I now recognize myself for five minutes to give an opening statement. The free flow of capital is a bed rock tenant of a United States economy. Insuring that free flow has been a bipartisan goal and im proud to serve as cochair of investment in america caucus along with our colleagues mr. Holding, mr. Himes, and mr. Meeks. It promotes Global Investment in the United States economy and helps educate members about the importance of Foreign Investment. Today, the United States is both the largest Foreign Investors and the recipient of the largest amount of capital investments. That capital has provided a good deal of the energy that kept our enemy vibrant. To provide the fuel of u. S. Businesses and jobs. Today almost 5 of u. S. Workers and jobs are relat
Departments. The chair is authorized to have five days to submit materials for inclusion in the record. This hearing is entitled examining the operations of the committee on Foreign Investment in the United States. I now recognize myself for five minutes to give an opening statement. The free flow of capital is a bed rock tenant of a United States economy. Ensuring that free flow worldwide has always been a bipartisan goal and im proud to serve as cochair of the Global Investment in america caucus along with our colleagues mr. Holding, mr. Himes, and mr. Meeks. It promotes Global Investment in the United States economy and helps educate members about the importance of Foreign Direct Investment. Today, the United States is both the largest Foreign Investors and the recipient of the largest amount of capital investments. That capital has provided a good deal of the energy that kept our enemy vibrant. Compensating to some extent for our low National Savings rate to provides the fuel for g
Sentiment. Weak pc demand sending revenue down 5 . But they buck the trend. The turn around strategy pays off as it defies a slow down in china by targeting the high end of the market. Welcome everyone to the show. Shares in apple fell in after hours trade after investors ignore the quarter. They focus on weaker than expected forecasts for revenue in the Fourth Quarter and there were some other reasons they turned sour on the stock. Iphone sales came in at 31 billion with shipments 3 billion below estimates. They also bundled other devices. The tech giant would only say june sales were higher than april or may but the lack of detail left some analysts speculating over the success of the newest gadget. The Earnings Report is also weighing on tech stocks here in europe. Investors are also shrugging off a 32 rise in Second Quarter profits from chip designer arm despite earnings being broadly in mind with expectations. Simon cigar spoke to cnbc earlier about a possible apple takeover. Ther
Good tuesday morning. Welcome to squawk alley. Jon fortt, sara eisen and myself at post nine. Apples conference is usually focused on software but this year hardware is stealing the show. Josh lipton has that story from san francisco. Hey, josh. Reporter thats right. Apples ceo tim cook took the stage and unveiled home pod, a new smart speaker. We have such a great portable music experience but what about our homes . We think we can do a lot to make this experience much better. Just like we did with portable music, we want to reinvent home music. Reporter the smart speakers are integrated with siri, designed to work with apple music which we learned has 27 million paying subscribers and 349, home pod is pricier than rival devices from amazon and google. It ships in december. We also learned about new partnerships at last years code conference, remember, amazons jeff bezos said the two companies had not been able to negotiate acceptable terms but apple announcing that amazon, prime vide