Once again finding yourselves in a transformational change. To hear stories about these changes as they are foundational with innovation and competitiveness the commission cochaired is a multiyear effort for americans innovation potential to have a new path and the 21st century. And as this slide shows a little less than a year ago of poor leadership we begin to build this effort and by august pulled together a powerful and diverse set of commissioners from across the country from industry and academia and the labor union and today is the 2020 roadmap of activities that we hope will change the future and trajectory of American Innovation and to make this happen with hundreds of advisors and innovation practitioners with this new innovation agenda and movement for americana. This morning our Commission Leadership will share their Top Priorities of the strategy and i would like to look at a future centered around a more sustainable approach of production consumption and the benefits of a
Are again. Once again finding yourselves in a transformational change. To hear stories about these changes as they are foundational with innovation and competitiveness the commission cochaired is a multiyear effort for americans innovation potential to have a new path and the 21st century. And as this slide shows a little less than a year ago of poor leadership we begin to build this effort and by august pulled together a powerful and diverse set of commissioners from across the country from industry and academia and the labor union and today is the 2020 roadmap of activities that we hope will change the future and trajectory of American Innovation and to make this happen with hundreds of advisors and innovation practitioners with this new innovation agenda and movement for americana. This morning our Commission Leadership will share their Top Priorities of the strategy and i would like to look at a future centered around a more sustainable approach of production consumption and the be
Die. Thats the mantra so many businesses out here. The tsunami of invention disruption reaches far beyond this intense city and the valley that abuts it. The storm clouds darkening the fortunes of others in the inevitable riptide of creative destruction. The reverberations rattle whole industries with a wake so brutal they often determine the direction of stock prices in whole segments on a day where the dow dropped 55 points, s p lost. 16 and the nasdaq decreased. 24 lets just deal with the news. Take the biggest stock news of the day, the possible combination between shop and Td Ameritrade with the former buying the latter in a 26 billion combination that would create what might be an unbeatable 5 trillion online colossus these two companies have been sworn opponents ever since electronic trading became the way of the future more than 25 years ago. They have been in a battle for assets come on, its been incredible. And assets and commissions, the latter knowing no bounds with pervasi
Charles schwab is expected to buy ameritrade jim as you noted on twitter, the unprecedented influence of robinhood. Yeah, look, when youre out here, you realize there are players. David talks about them a lot, including softbank, theyre fun organizations with no real growth path for earnings a fabulous growth path for revenues this robinhood has been an incredibly well funded sensation particularly among the younger demographic. Its very hard to fight a company that will you play for free and thats exactly what disrupted this industry was Venture Capital money. Think about it, its been a stable oligothic for a while. Why not surrender to schwab . This makes so much sense now schwab will be the largest asset gatherer, incredible machine. I this i schwabs store, we dont know the ratio, this deal done makes schwab go up a lot more than its up right now. David, lets talk about this deem we got some paypal news as well. Mna is getting a bit spicier as we get to year end yes this would be a
To get to a point where its ratcheted down significantly. I think it will be better every year. I think everybody gets better every year and every event. We learn a lot from each other but the risk is significant. Reporter a tenyear plan so more blackouts to come. The ceo and other officials apologized but defended them saying there were no catastrophic wildfires started. They work swiftly to cover wires in high fire threat areas, to underground wires, to trim back trees and strengthen the website to handle the immense traffic these blackouts brought. The website went down several times. They also addressed that lavish party last week, pg e holding a party for its gas customers. Two days of wine tasting. It was on the anniversary of the north bay fires in 2017 that killed so many people and destroyed so many homes. Pg e said that wont happen again and ratepayers will not pay the bill for that party. Coming up at 11 00, i took a closer look at how we got to the blackouts and whats being