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June 22, 2024
Billion takeover. And a judge rules that uber drivers should be treated like employees for a moves that could have implications for the taxi apps Business Model and the sharing economy. In august, it could easily become a storm in september. That was a word from trading floors yesterday. A big sell off overnight on wall street but here on wednesday were looking at the wall street could see a rebound. The dow up 112 points. Has the tack up 38 in premarket and the s p 500 higher by 12. Lets just s...
June 22, 2024
Billion takeover. And a judge rules that uber drivers should be treated like employees for a moves that could have implications for the taxi apps Business Model and the sharing economy. In august, it could easily become a storm in september. That was a word from trading floors yesterday. A big sell off overnight on wall street but here on wednesday were looking at the wall street could see a rebound. The dow up 112 points. Has the tack up 38 in premarket and the s p 500 higher by 12. Lets just s...
June 21, 2024
Which is massachusetts, and ive been talking to some of my colleagues from massachusetts. Would you agree with that . I think also oregon has a pretty good standard. There are elements of other state laws you may not consider specific data laws. A pretty High Standard . It is a pretty High Standard, yes. Thats the starting point for us. Theres been some discussion about the Standard Energy in commerce. Would you say its a higher standard than what our bill would propose. Our standard is a reason...
June 21, 2024
It. I said in the opening comments that the preemption should not have the unaintended consequence raised outside the bill. We would certainly be willing to make that plain. Miss moy, you said i thought i heard you say that we shouldnt have 50 different standards is not the answer. Is that what you said, or did i mishear your comments . So what i have said is i think the best for consumers would be to create a floor, not a ceiling so that states can continue so set a National Standard and then a...
June 21, 2024
Congresswoman maloney no. The standards have been flexible. I think congressman nugerbauer and congressman carnie have done a good job in doing the same thing in their bill, which is to say, were going to have standards and were going to allow them to be scaled. I think thats a good model. In other words theyve worked well and they wont be too burdensome for smaller institutions and retailers. Id also like to know your feelings about the having a minimum or a floor standard. I know that californ...
June 21, 2024
Were about to compromise the Payment System, the electrical grid, you wouldnt say lets kick it to the states. Lets let them handle it. I dont think you would do that. Whatever you do will be helpful, even if directionally. It will be better than what we have now for the sectors that dont have any standard in those states. Miss moy . Right, so i would say a couple of things. One is that consumers are protected right now by the federal trade Commission Section five authority, and the ftc is enforc...
June 20, 2024
Good evening, everyone, and welcome with just one more trading day left in the month wall street looks to be wrapping up a very volatile april with a big push to the upside. And it got help from another round of better than expected corporate earnings. Upbeat quarterlies before the bell from companies as diverse from the drug make merck, and sprint all helped the major averages climb today, with the dow and s p within striking distance of alltime highs, today on wall street, dow up 86 points, na...
June 20, 2024
The battle for French Company alstom is heating up. The biggestuld be tugofwar for a french Industrial Company ever. Matt campbell broke the story. Who has the upper hand between siemens and ge . It seems ge is ahead of the curve. Good morning. On the merits, you are right, ge is more advanced. They made a binding offer. It is something that has been in the works for weeks, if not months. Coming up with something that is much more informal and would need more time to become very serious. Now, th...
June 20, 2024
Tuesday, april 29th. Good evening, everyone, and welcome with just one more trading day left in the month wall street looks to be wrapping up a very volatile april with a big push to the upside. And it got help from another round of better than expected corporate earnings. Upbeat quarterlies before the bell from companies as diverse from the drug make merck, and sprint all helped the major averages climb today, with the dow and s p within striking distance of alltime highs, today on wall street,...
June 20, 2024
Tuesday, april 29th. Good evening, everyone, and welcome with just one more trading day left in the month wall street looks to be wrapping up a very volatile april with a big push to the upside. And it got help from another round of better than expected corporate earnings. Upbeat quarterlies before the bell from companies as diverse from the drug make merck, and sprint all helped the major averages climb today, with the dow and s p within striking distance of alltime highs, today on wall street,...