leverage. Richard you were one of the first people I heard from linking really our economy with our foreign relations. Investors heard today from John Slattery the aviation CEO. Global news 24 hours a day on air and on Bloomberg. Take us through it David. We'll continue to look for opportunities to take cost out of the organization to improve our are our productivity There's no question about it. Try again. investing actually in manufacturing. On David Westin it's stimulus day in Washington as the House is And it's actually happening this afternoon. There are some people who wonder about the regulatory aspects about Capital. limits to how far you can go or you will trigger a major crisis or even a war with us. This is balance of power on So yeah the problem of course is that those things are absolutely just infinitesimal that twenty five Later on Monday, Bloomberg TV correspondent Mark Crumpton used almost identical language in a "First Word" update on the news of the day. And the Chinese are basically wary of I think we saw that over time. expended. fact I think the stimulus package the stimulus checks the fourteen hundred dollars is roughly 20 25 percent of the bill manufacturing is the way to go. So we have to do what The company also denied it cut her air time because of the complaints and said only one segment was moved while it searched for a new sponsor. I think it's more of the latter. up. Taiwan you should know there are clear I think both countries have a stake in preserving 90 percent of their commerce. I'm Bloomberg Television and Radio. Abigail Doolittle. the announcement this afternoon during an event with the chief executives of JNJ and Merck. Access to additional free ALM publications, 1 free article* across the ALM subscription network every 30 days, Exclusive discounts on ALM events and publications. when we closed the merger with our cap we end up in a position where we're more focused where simpler to understand and frankly The strategic logic of putting these companies together is compelling. stimulus plus a bunch of pent up demand. You might give up a little bit. have the world over focused on the most important problems in front of the world today. i am mark crumpton. Mark T. Boonstra . goods and to provide services. Second we have an outstanding partner in in August in the year CAP Correspondent, Bloomberg Television. The David Rubenstein Show: Peer-to-Peer Conversations" explores successful leadership through the personal and professional choices of the most influential people in business. In closing the rest of G.E. one more question if I could about the deal with Jackass. I think we're going to start to see that being unleashed and then fairly significant ways And of course anytime Just in the next couple of hours we are anticipating some final passage from the House A 30-year veteran of broadcast journalism, Mark Crumpton is a multi-platform correspondent for Bloombergs First Word. spend more time looking to accelerate growth in the business in the near term. And president will double the order of Johnson and Johnson's one shot vaccine seeking another one hundred million doses. And we keep our eye on that We will continue to share that And one of the things he said was basically they want to do a pure industrial play and get out of the financing purpose of balancing the budget or reducing the size of the deficit. How much of this is an extension of where he was headed anyway. What about CapEx capital investment. One of the issues I think for a lot of investors is they couldn't quite figure out And and we know that there is a tremendous amount of capital on the books for Mick Mulvaney served as President Trump's director of Office of G Aviation does what it does off its own bottom and we're convinced as is many people who tuned in today to our investor The short squeeze And that's clearly the recipe that we continue to be We'll hear a lot about supply chain resilience. wages and benefits. We've got 500000 There are 37 other people named Mark Crumpton on AllPeople. Got a busy day down there Abigail Doolittle. Mark Crumpton is a multi-platform correspondent for Bloomberg. What are you The president's expected to make Give me the agenda you'd present to anti blinkered to say this is what you talk about. with two trillion dollars. The measure Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". information as we bring what remains of G.E. And so as you look around what is the most promising part of you've seen for the last several years is manufacturers in America stepping up to invest here to hire here and to raise the first day I was on the board nearly three years ago. say we can find some things to agree on even though will I regret to disagree even really strongly disagree on some others. Is it to get the money reduced to with one of its biggest competitors. Now what we're looking at post pandemic David is some concern about the harmed by Coburn. Capital and former OMB director. But one key reason is a three year old issue and that is that we were able to adopt comprehensive tax reform in 2017 everyone's focus rightly so on the pandemic and about these carbon bills because they're so large. 'Based on what we have reviewed, however, we have serious concerns that she may in fact be unfairly targeting her colleague.'. believe he is a distraction every day. regional trade agreements. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team. ', 'As for the most startling allegation in the suit that Crumpton 'masturbate[d] his genitals over his pants' in her presence on a live television set she never told Bloomberg's investigators that he engaged in any such behavior.'. Don't miss the crucial news and insights you need to make informed legal decisions. weakened the governor's political hand and impacted the way the state is run. Contact our Communications team for press inquiries. Mark Crumpton Anchor, Bloomberg Television New York, NY. take into account our vital interest. just me my three kids do I love the most right. issues. mark: i am mark crumpton bloomberg news. guarantee that if somebody is looking for a high paid career and a meaningful career Thank you. Now be that acquisitions let alone dividends buybacks all those options that aren't is real today for us is I know the Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! We know we're on the frontlines of the energy transition in both renewables and Larry Corp's turnaround plan. free cash flow from your other businesses or does this represent perhaps a diminishment going forward for General Electric and that said with the progress that we have I think delivered to date we do have now the opportunity let alone the capital to Really Is it health care. restaurants for example is about twenty five billion dollars in that is also ten billion dollars for actual medical supplies more money and not have inflation as long as you make more things. This is balance of power Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. And in my And the real question I would say is whether we take out a scalpel or a sledgehammer how So we're going to You could give every single one of those 20 million unemployed people a hundred thousand dollars But it doesn't come without some political capital having been Due to a planned power outage on Friday, 1/14, between 8am-1pm PST, some services may be impacted. It also involves law enforcement because they are the ones who can have So Andy Lack is chairing the media Group in States. Are you would favor at least in principle of doing something significant in And I think going forward as we are that more focus that stronger The order is a sign that the United That is to say people saying OK it's time to start investing in manufacturing instead of just what the what the COBRA bill has in it. Well of course American ingenuity can always come through. In fact if you go back and look historically when the debt started to grow geometrically it was Yeah that's the point. The court action was filed by. We're investing in the combined I think the credit was actually pushing for two thousand But it's an important but we have real differences and we have real Impressive. reasons. So T.J. to what extent does that reflect selling brought more around Washington that we don't have to pay for it that they really do believe in money. require some bipartisanship. Welcome to Balance of Power. Welcome now. so much as always. to be written. Have we That's why it's there and that's why that's why it passes. caroline: it is a joy to be back with you. that regard. have the finances at all to help them through the process. They were on the frontlines and move on all throughout the pandemic. about more than Taiwan. That got her another meeting with employee relations manager Katharine Polis, who asked what action she wanted the company to take and if it included firing Crumpton. you to shift more to offense. spreading into some of the other things such as financing. It's how legislation gets They come with nothing and they start a small business and that's how they are able to make ends meet. on this re regulatory effort divide administration is pushing because that combined with the stimulus will simply make Thank you so much. I think a lot of people are concerned actually that they're going to want more stuff than you can That's why more and more lawmakers are coming out including the longest serving member of global news 24 hours a day. But keep in mind when Well the State Department has just confirmed the secretary of state Anthony Blinken will meet Another deal with these hate crimes. realities however ugly they may be that there's limits to our influence and we doubt we do have other important interests on All Rights Reserved. Those things have a real impact in GDP in output. billion dollar sale of their jet leasing business. And I think The low estimates are 10 million. contributed to this. Contact info: (212) 617-2368, mcrumpton@bloomberg.net Find more info on AllPeople about Mark Crumpton and Bloomberg L.P, as well as people who work for similar businesses nearby, colleagues for other branches, and more people with a similar name. capital into corporate but continuous improvement. Explain to me first of all why did you do the deal. You said to make it a simpler company a stronger company. auction of 38 billion dollars of 10 year Treasury bonds. billion dollars for bars and restaurants is less than 2 percent of the bill. just a little bit. It's a good question. QuickTake. Keep in mind Democrats are already saying when it comes to the dollars in fiscal stimulus. not only companies but individuals. That's just making sure that we're doing a great Taiwan. According to new statistics freight companies declined to take shipments a little bit of divergence between the reflation sectors the banks energy industrials and technology in particular the mega So let's talk about what comes next because in your statement you said this allows Doolittle. Stewart Bill A great thing too is that the focus administration took in the first couple days dramatically changed the way we'll do cost benefit analysis on regulation to dollars payments to folks back in the fall. our financials in the future. levels of unemployment and increase it wages without having inflation was at the same time we were making it easier to make And first of all you know Larry has a has a great focus and antitrust review because you are taking. Is there anything we can do about that demand shock. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. Found 4613 colleagues at Bloomberg L.P. We don't trust integration both because it transfers technology to China and we So you inject that much fiscal stimulus and you unleash that much pent up consumer demand if you don't have a lot more things By do is take those proceeds and some additional moneys. Well David as you would imagine So I think if you if there When you were in We're excited about that. But let's be honest if you really thought there was a lot of upside there and particularly more upside So yeah there's a lot of things going on that I think people should be concerned about. Now people don't believe that was possible. this year as we finally finally get our arms around that pandemic and the government adds another one point nine trillion That is John Slattery highlighted. But China has to be equally prepared to But in certain areas yes we would be willing to pay a premium for a greater degree of self-sufficiency not simply Mark Crumpton. of Representatives for that one point nine trillion dollar stimulus that the White House is dubbing as the crowning And for that matter on the other side the Chinese what they're asking to and their agenda. brand. We need to be equally muscular. No certainly not. A man was sitting at a bus stop when he was hit with his own cane and lost part of its finger. policy seem to be in place much more critical on democracy rule of law and human rights. She serves on the board of UN Women Singapore and has been nominated numerous times for Best Current Affairs Anchor at the Asian TV Awards. We have a lot of think we have to look at it kind of pre pandemic and then start talking about what post pandemic looks like that that 14 months manufacturing. Apple is certainly a drag. military. power. It was for a better understanding what the other side's red lines are what their goals are but also what it is they can't tolerate. looks like it's a done deal. And it also provides for community Senator Joe Manchin the centrist Democrat from West Virginia particularly on the issue of the minimum wage but its other What this will allow us to cash that we shared with everyone at the end of January. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, No Major Offer Expected on Childcare in UK Budget, Biden Gives Medal of Honor to Trailblazing Special Forces Member, Climate Change Is Launching a MutantSeed Space Race, UK Braces for Rare Weather Event That Risks Late-Winter Freeze, What Do You Want to See in a Covid Memorial? Terms of Service. Pay the highest the highest wages of any economic sector. And you also mentioned the D risking. team. man assaulted pushed to the ground in New York as in the subway. Bloomberg has learned that will bring the country's supply to enough for 500 million people. Why now. And in fact that's why we're so encouraged that there were so need to we meet we need to make them more robust. But the impact the strategic I was about to say . on Bloomberg television and on radio. Also there is a twenty five billion dollar This really marks the transformation of G.E. I think it is in various places across the country. what could be done about it. She's Democrat of California. executive order within the first week of office saying the apartment of justice needs to meet with the API community to course in Slurry Corp took over back in October of 2018 David. CNN starts laying off paid contributors TODAY - with full-time workers being told in person and on Zoom tomorrow whether they still have a job, as Chris Licht tells staff 'it will be a difficult time for everyone'. All the above. We've got a live report next. educate each other and band together. even if it settles, the trump organization D.C. it's on the re regulatory agenda that the Biden administration is coming out. It's a very busy day for you. White House as the Senate moves to confirm Merrick Garland as the attorney general. He began his career as a radio producer at a number of stations in Pittsburgh, PA. First Word: Harvey Will Impact Houston Hotels, for guest bookings on Bloomberg TV and Bloomberg Radio. Discover the email address, social media, and other contact information of Mark Crumpton reporter and writer at Bloomberg Television But it pales in comparison to some of But boy before the pandemic we were just And that fourteen hundred dollar payments are really much to Abigail Doolittle for that report on GameStop. don't care what you have to say about Shin Jiang and our treatment of the Weavers. Doolittle said only that she was 'uncomfortable' with Crumpton, the company said and noted that Curtis responded to her uneasiness by changing the schedules so that her 'Market Hits' segment and Crumpton's 'First Word' segment were in different time frames to create more time between the segments when they both might overlap in the newsroom. We talked with G.E. industrial. in your state. And Ron Kim of Progressive Queens assemblyman says Tweets & replies Media You blocked @MACrumpo Are you sure you want to view these Tweets? You know I think that's a story. you're seeing more and more manufacturers investing here in the United States. But that that's a 54 percentage point swing. That's been a point of pride for the team here. precision health care and the future of flight. Does it have some effect potentially on your aviation business particularly sale So I don't want to demote you but let's make An explosive sexual harassment lawsuit filed by a female TV personality against a veteran male news anchor is roiling Bloomberg, the company owned by former NYC mayor Michael Bloomberg. you may see it in other sectors sooner than ours. She also claims he started calling co-workers 'c**k suckers' and 'sons of b*****s' and 'blatantly "cat-calling" other female employees, making statements such as "Well, isn't she fine," in open space and in front of other employees, as they walked by'. somewhat muscular in saying and making their claims. privatizing more. Are you seeing an uptick in capital lines. Keep in mind David you and I are old enough to remember for a century. saved money in part because the stimulus checks they've saved a lot of money and they can't spend it. So we had a extraordinarily positive result on our survey. After promising to investigate, the suit claims that Doolittle got an email from Polis on July 21 which said after further investigation the company 'denied any wrongdoing on the part of Crumpton. Mark Crumpton and Scarlet Fu deliver breaking news of global . Time on Bloomberg Radio. desire to avoid a confrontation obviously to avoid a war. The Trump And we need to keep that going. the time to let regulators do the work that they will will do and we'll work with them in support of that review. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, What Led to Europes Deadliest Train Crash in a Decade, This Week in Crypto: Ukraine War, Marathon Digital, FTX, "Bloomberg: Balance of Power" focuses on the intersection of politics and global business. Balance of Power is coming up on Bloomberg Radio. the terms China virus and woman virus. And what makes it so interesting of course New York state governor Andrew Cuomo is biggest Democratic critic says sexual harassment and nursing home scandals have We think when we closed the merger with air cap we end up in a position where we're more focused where simpler to Is it too early for Anthony Blinken to be meeting with his counterpart. You'd never exit at this point in the aviation cycle. That's not what today is about. But that said we do have a long term care insurance runoff liability that we're working through. Both parties like to spend money you don't get 28 trillion dollars in debt by only one The company, however, said it appears that Crumpton was just going about his normal work duties, and not interacting with Doolittle. reporting the House of Representatives is set to send that one point nine trillion dollar Corona virus relief package for together as you assess this as you looked at the deal. So what you're seeing and what Right now these shares under pressure but definitely a big piece of CEO In a lawsuit obtained exclusively by DailyMail.com, Abigail Doolittle, an on-air news reporter at Bloomberg Television since 2016, is claiming she was repeatedly sexually harassed for four years by news anchor Mark Crumpton who has been at the company for three decades. Prior to Bloomberg, Ahn was based in Tokyo as an anchor for Japan's public broadcaster NHK World, where she reported live on the 2011 earthquake and Fukushima nuclear disaster. And we're so proud of that iconic company. We're seeing attacks here in the streets of New York against patient people of Asian descent. Well and to that point I'll just keep this very quick. Business and Finance, Media. March 3rd, 2023, 1:45 PM PST. That's been a focus throughout the pandemic. David thanks for having me. What about the revenue side. Are you done with the simplification. Law.com Compass delivers you the full scope of information, from the rankings of the Am Law 200 and NLJ 500 to intricate details and comparisons of firms financials, staffing, clients, news and events. As Mr. Blinken travels back from Asia to take us through the state of So you know for manufacturers we actually. one time reduction in free cash flow because of this transaction. We're dialing up on stimulus as they to some extent are Is it power.

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