Ameera and Erin talk about major news coming out of Facebook, Twitter, and Samsung. Shares of Twitter fell after reports revived questions about the mircoblogging site’s user engagement and Samsung is considering a price adjustment for its Galaxy phone after disappointing earnings.
Lindsay discusses a new Chinese social media app making waves and the CEO of General Electric stepping down. Bianca Facchinei breaks down Puerto Rico’s vote for statehood and Manuel Rapalo talks about Lyft’s development of self-driving cars. After the break, Lindsay covers a new deal between an Iranian airline and Boeing and Toshiba’s construction of two nuclear reactors. Lindsay is then joined by Lenore Hawkins, Chief Macro Strategist at Tematica Research to discuss why the newest job numbers aren’t all they are cracked up to be.
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Volkswagen has a draft for a multi-billion dollar settlement for civil and criminal penalties and Yahoo may end as we know it with the completion of its deal with Verizon. Biotech and Pharmaceutical companies are on the up and up in the first days of 2017 after Japanese drug maker Takeda takes over U.S. based Ariad Pharmaceuticals – Manuel Rapalo explains.
Then after the break, Liliana Gil Valetta, CEO & Co-Founder of CIEN and creator of Culturintel explains why working women, especially Latina’s, are not making as much as their co-workers. On top of the growing cost of raising a family – many are hoping they can catch a break once Donald Trump takes office.
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NAFTA is being renegotiated, but is this all for the best? We speak with Public Citizen’s own Lori Wallach to find out what the future holds. Rachel Blevins takes us inside the latest wave of banking concerns from India and Hilary Fordwich takes us into the world of Sony and what the company is hoping to do to secure their future. All this and more on Boom Bust! [1172]
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The top story: Andrea Leadsom pulled out the race to become Britain's next prime minister, paving the way for Home Secretary Theresa May to succeed David Cameron. Elsewhere, the S&P 500 hit a record high, fueled by Friday’s better-than-expected June jobs report. Ameera David has details. Afterwards, RT Correspondent Marina Portnaya reports that US aircraft sales to Iran were blocked by the House of Representatives, jeopardizing a $25bn Boeing deal. Then, Boom Bust’s Bianca Facchinei describes how Facebook Messenger is to get 'secret' conversations going forward.
After the break, Ameera David talks to Peter Schiff about the latest economic data and what it tells him about the health of the US economy and markets. And in the Big Deal, Ameera and Edward Harrison talk about whether there really is a European bank crisis brewing.
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Are commodities an easy in for new investors? We’re talking to Todd “Bubba” Horwitz to find out! With CFPB in the spotlight as Kathy Kranninger testifies before Congress, Bartlett Naylor returns as he and Bart discuss what’s taking place! Asbestos in our make-up? We’re talking to Scottie Nell Hughes to figure out why companies are finally dealing with it. What Huawei phones can American’s not buy? Caleb Maupin helps us figure it out. And Brent Jabbour speaks with Jaide Barclay and her attempt to live off of cryptos for 3 months! [1272]
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Crowdfunding is coming to Wall Street! Will a new SEC rule democratize the capital markets?
Or is Joe Six-pack about to be "muppetized" by a new brand of sell-side-marionets?
We dig into the 500-page-rule, and
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https://www.youtube.com/watch?v=KTfVyeDAmz0
If you bought one of the Volkswagens caught up in the emissions scandal your money refund could be on its way. The Dakota Access Pipeline looks like it will continue, but protesters are fighting that pipeline and many more across the country. Then, Alex Mihailovich explains why digital pirates in the United States may be off the hook, but don’t click too fast if you’re in Canada. And Lindsay France talks with Economist Richard Wolff to break down the big money behind For-Profit schools and how they just aren’t cutting it for students.
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Clean coal and a new head of the EPA? Tyson Slocum is back as he and Bart tackle the latest in an environmental news. Debbie Bloyd fills us in on the latest housing news while Hilary Fordwich gives us a breakdown of the biggest consulting firms. And Steve Malzberg dives deep with us as we tackle the latest hospital consolidations! [1145]
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Score another one for the Wall Street elite. You thought foreclosures were a bad, right? Leave it to Blackstone to turn lemons into -- well, lemons. They're the largest player in the burgeoning foreclosure-turned-rental market -- and thousands of new tenants are irate. Dubbing their new landlords: "slumlords."
And, the Feds just stumbled on $28-million-dollars worth of Bitcoins. The stash belonged to the owner of Silk Road -- the so-called eBay of drugs. Erin sits down in a little bit with the BitCoin Foundation's, Director-of-Public-Affairs to talk all-things Bitcoin...as well as new fronteirs in crypto-currencies.
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https://www.youtube.com/watch?v=xe1RdRlGVKs