so, who's navigating it well who's well positioned? i realize united comes to mind, that there have been heavy investments in tech along the way too. >> i think that's a good point the airmens were investing heavily in technology ahead of the pandemic, especially in digital and communications to your point, we think united is doing the best job and delta is too and the reason is, in part, because both have fewer flights than american, southwest, and spirit had so, it winds up being you have more control over your obviously whr you have fewer flights than when you have more and for united, they didn't furlough people as much as they reduced hours. they said to their employees, we want to keep you on board. we're going to reduce your hours. and when things recover, we'll start increasing the hours and that way they never lost momentum i think of all the companies that i cover, they've done the best job of -- from start to finish, if you will. just planning for t heading into it, going through it and now coming out of it >> and of course,

this uniquely positions nsf to facilitate partnerships that bring diverse communities, private industry and others to identify problems with science engineering and technology to work to develop solutions. nsf across the entire country tackling problems as a national, regional and local level. earth, water and climate forces to improve the risk assessment. they examine the behavior of buildings, infrastructure and the natural environment in the face of wind resources to enable better designs and mitigation options. and they examine community consequences and human responses to support improved planning and policy emergency response, risk communication and decision support. working alongside the partners, we harness this mindset. we do so through operating state-of-the-art research infrastructure offering coordinated research programs supporting the most promising ideas from acrosshe the country and by investing in the development with the world-class unique capabilities this network includes the wind tunnel at the university of florida, the wall of windows florida international universi

entire technologies and platforms didn't even exist. today all military occupations, including combat forces, are open to women, and military success depends heavily on servicemembers with advanced education and technical skills in stem, cyber, medicine, languages, and more. to be clear, i am hopeful that we will never have to draft again. if we do, however, it will be under circumstances so dire and existential that to voluntarily choose to enter the fight with anything less than our very best would be supremely foolish and potentially fatal. if we are going to have a selective service system, women must be a part of it. basic equality and military readiness demand parity between the sexes to protect our country and uphold our values. in the meantime, it's time to end outdated sex discrimination and remove it from the official policies of the federal role. the bill also creates a new category of bereavement leave for military personnel that would permit servicemembers to take up to two weeks of leave in connection with the death of a s

possible a few years ago, last couple years i know tough for country a lot of ways, but a lot of real positives for how technology works because a lot of things helped here, logistics, driven into cloud all of a sudden data you can use to carry out make more efficient, explosion average venture capital firm up 80% over last year so much more adoption of all technologies, there is a renaissance going on, in terms of biology tons of new companies gene they were, happening, keep functional outsiders the technology world solving so many problems greattime to be investing in technology. >> i agree, i want to see more money in investment towards mental illness this is an issue we have not studied vested enough i think biotech on the front lines of that, joe please come back soon great conversation, and best of luck with university of austin we will be watching. maria: thank you, maria. maria: joe lonsdale joining us a quick break high number of house democrats retiring what it could mean for republicans in midterms we are talking about florida senator marco rubio when we come back a home for sale own

there's a nonlinearity to all this stuff that tends to not be acknowledged when we posit some kind of inexorable new cold war on technology. >> let me follow up on the previous question by taking you back to your connectivity written pre-pandemic. and in many ways new you anticipated the kind of world where dealing with now where we just are into this world of virtual connectivity including today's profession about a book which normally would have been a pleasant chat among a bunch of us in northwest washington politics and prose bookstore. and has now turned into something were obviously i'm speaking to you from washington and you're in singapore now and i don't know where our listeners are. and you also talk about in the previous book about supply chain infrastructure. that was going to be we do have a supply chain for going on and a lot of debateabout that . talk about ways in which you anticipated where we are today and where you didn't anticipate where we are today ? >> there's two elements, one is the infrastructure and geography of supply chains and competition to be either the

to new federal positions to raise the voices of tribal communities and infrastructure policy. our legislation represents the substantive policy changes that some have said are no longer possible in today's senate. how many times have we heard that bipartisanship isn't possible any more or that important policy can only happen on a party line? this legislation proves the opposite, and the senators who negotiated this legislation showed how to get things done. the senators in our group of 10 effectively represented the needs of the region we represent. senator cassity in the deep south. senator warrener in the mid-atlantic. senator manchin in appalachia. and senators romney and tester in the west. in the northeast and alaska, each with unique needs, with ably represented by senators shaheen, collins, and murkowski, the wonder women of our group, always focused on the practical outcomes. [applause] and i sincerely thank my partner and co-lead -- in co-leading this long effort -- senator rob portman, whose knowledge of the federal budget is matched only by his steadfast commitment

we focus all our attention on the battery technology and the technology to make sure we increase the energy and we increase the efficiency. what we do in the game, we can transcend to cars on the road within a few years, so that is really exciting. we already have the latest generation of road cars today operating under the high—voltage. that is a technology coming from formula e three or four years ago. the tractor road link is very strong in formula e and that's where we are at. . , ., , , ., at. that is how the guys here are drivin: at. that is how the guys here are driving battery — at. that is how the guys here are driving battery technology i at. that is how the guys here are driving battery technology and i driving battery technology and innovation, but i have a look at this earlier in the week. this is the duke of cambridge, prime minister borisjohnson showing otherworldly to run a car from this team made entirely out of recycled plastic cub which is another sample of how sport is playing a more prominent role at this macklin event. the hope is that all of this will encou

nathan's highly sought after position at a growing company. and here is nathan person success, his son, oliver, and wife, desiree. >> he so fun, and it's inspiring to watch him. he's a go-getter. >> reporter: desiree and nathan met 12 years ago during their senior year in high school. for nathan, it was love at first sight. >> she caught my eye. at that time i thought i was super fly, so i went and kind of introduced myself. >> nathan's personality when we first met, he is very curious, and does best making connections with people. >> reporter: for desiree, meeting nathan bent an instant connection to a young man who has been through a lot. back then, the 18-year-old was living with friends, working to support himself. his parents were in and out of his life. >> those were hard times for me to figure it out. >> reporter: with desiree by his side, nathan was on his own, but not alone point >> there were a lot of people who supported me. >> reporter: her commitment brought support. desiree's mom and dad welcomed nathan into their family. >> my m

to new federal positions to raise the voices of tribal communities and infrastructure policy. our legislation represents the subst substantiative policy changes that some have said are no longer possible in today's senate. how many times have we heard that bipartisanship isn't possible anymore or that important policy can only happen on a party line. our legislation proves the opposite. and the senators who negotiated this legislation show how to get things done. the senators in our group of ten effectively represented the needs of the regions we represent. the senator cassidy in the deep south, senator warner in the mid atlantic, senator manchin in appalachia, and senators romney and tester in the west. and the northeast and alaska, each with unique needs, were ably represented be senators sheheen, collins, and murkowski, the wonder women of our group, always focused on the practical outcomes. and i sincerely thank any partner in coleading this long effort, senator rob portman whose knowledge of the federal budget is matched only by his steadfast commitment to delivering on t

this uniquely positioned nsf partnership brings diverse groups of research together with communities, industry and others to identify problems and put science, engineering and technology to work to develop solutions. nsf does this across the entire country. tackling problems at the national, regional and local levels and ensuring americans from every geographic and demographic background participate in and benefit from nsf investments. for decades nsf has been fostering research and innovation to improve resilience to natural hazards, including windstorms like hurricanes, tornadoes and nor'easters. we examine the fundamentals of how windstorms form, move, change and interact with earth, water, and climate forces to improve predictions and risk assessment. i examine the behavior of buildings, infrastructure and the natural environment in the face of wind forces to enable better designs and mitigation options. and they examine community consequences in human responses to support improved planning and policy, emergency response, risk communication and decision support. working alongside

that would put us in a very vulnerable position. that is what i don't want to see happen, is that we are kind of woken up by some huge, devastating attack on our critical infrastructure that is crippling, and all of a sudden now everyone has understood the importance of focusing on this other piece. aude: thank you, representative castro. i do hope we will not get to that point. unfortunately, we are running out of time. thanks again for being here with us. thank you to the audience for submitting your questions. i'm now going to turn it over to emma, who will offer some closing remarks. thank you again. rep. castro: thank you. emma: that is a great conversation and a really wide-ranging one. i think the question i take away is that it is really imperative that the united states rebuild as we go forward in the 21st century. i think this conversation helps us understand the ways we might do that and some of the ob..

positive mostly it's the -- under pressure why the nasdaq is a mixed bag. you have strength in the chip names. the nvidias, microsoft higher. tesla, apple, amazon all lower facebook as well there's the bell looks like we are set for another quadruple closing high a quarter of 1%. another strong finish eight days in a row for the s&p >>> welcome to the "closing bell." i'm wilfred frost along with sara eisen and mike santoli. four record closes once again. only slight gains on the day but you can't complain when it's so consistent as it has been. s&p 500 up .1% dow up 0.3%. nasdaq up about 0.1% a couple of high profile decliners. tesla down 5% today. investors now set for an hour of earnings moments away from reporting the numbers. plus also breaking down results from thread up, real real and lemonade once they cross josh with us and another guest joins the conversation mike, yields of interest remarkable how low they in general have settled with that settle and lack of volatility there equities grind out the gains. >> especially because the lower yields is n

. >> i think surveillance can be a positive for both sides on that issue. i mean, it's for the victim and for the sheriff as well. so i would be in favor of that. yes. >> chairman: okay. are there any questions from committee members? seeing none. is there any public comment on this item? mr. clerk. >> supervisor chan: chair peskin, we're calling all three items together, right? >> chairman: yes. good point, supervisor chan. we will hold public comment until we hear from all three, so why don't we go on to the next nominee. ms. soo, good morning. mr. clerk, is ms. soo with us? >> clerk: i'm checking right now. i will check on her if you want to move on. >> chairman: good morning. d.j. >> good morning chair peskin and vice chair mandelman. the last chance i got to see and everything that he's doing. but i also want to say, thank you to the mayor for having faith in my leadership and time on the police commission: i've been in the city and county for the last eleven years. i have been a public servant. i am the executive director of young community developers

but in recent weeks we have seen some positive movement. i think most notably we saw the release of chinese tech executive from hallway mung. wander at the end of september after being detained in canada for about 3 years. beijing. so this is a very positive sign. and then we had just last week, this surprise, joint declaration at the end of the club, 26 climate change summit in glasgow. at the same time, there are some very serious and difficult disagreements between the 2 countries, the south china sea, which china seas as its territory. it's been increasing activity there in some would say it's aggressive moves against other countries who also claim that territory. and also against taiwan, which beijing sees as a red line issue. it sees the island as part of mainland china and we have seen various friendly gestures from the bud and administration towards the sighing when a taiwan administration in recent months. and that infuriated china. but i think despite these challenges, china does want to see the finding of some common ground and 2

we will do it next you see lumen technology, and penn national gaming, both ever double-digit movies. jenny harrington, we'll talk about those two next i'm sue herera here's your cnbc news update at this hour. a russian national who helped compile alleged ties between the 2016 trump campaign and russia has been indicted on five count of lying to the fbi. specifically, igor deaf m shenki accused of lying of the steele dossier. the 5g rollout over concerns about air safety raised by federal regulators time is needed to address whether the frequencies will interfere with cockpit safety systems. >>> in vienna opec and its allies have agreed to increase oil production by 400,000 barrels per day, but they rebuffed request from president biden to pump significantly more oil and a juror in the kyle rittenhouse murder trial has been dismissed after he was heard joking about the police shooting of jacob blake whose wounding triggered the protests where rittenhouse allegedly shot three people on the news tonight, accusations of discrimination in the choice of the jury that will decide the fate o

and digitization so there's positive things. one big thing is inflation and i know that the expectations, a lot of people are worried the fed is behind the curve. expectations for interest rates next year moved up in timing and frequency so this is something we don't know when there's a fright in the market i don't see it happening through this quarter but around christmastime when all is done and earnings, we'll see but constructive for now for sure. >> greg, russell 2000 doesn't look like we'll close at a record high. a few points away. and yes, avis is there with the 100% surge and rogers bought by dupont but is this breakout time for the small cops haven't seen a record close there since march. the others are all there. >> i actually think that we're going to derisk moderately in the coming weeks i agree with much of what barbara said particularly about innovation and technology driving and sector tail winds but there are some negative catalysts on the horizon just like we are now anticipating interest rate hikes sooner and

among the issues expected, trade, technology and the u.s. position on taiwan eunice yoon i believe the physical eunice yoon joins us now with more. hey, eunice. >> reporter: hey, joe. so there are a couple of different key points that i think investors are going to be wanting to look at that are going to come out of this virtual meeting. and the first and most important is that taiwan is going to be a major priority the chinese have been messaging this with several editorials saying that taiwan is ultimate red line for china and that president xi is going to warn president biden to, quote, step back from any perceived support for an independent taiwan which china sees as a breakaway province and that the u.s. upholding the one-china policy would turn up the brightness on ties a senior administration official also said that president biden would reiterate the u.s.'s long standing one-china policy. so that could potentially be good news. nothing likely to be resolved. but this issue of taiwan, as you guys well know, has been a nonfinancial tai

to do that with the land base and the scientist as and technology that we have. this is an emerging business for us but when you think of the companies out there that made net zero commitments, this is a very cost effective way for companies to offset some of their co2 emissions. so we think that could be a big business for us out nut future an and i don't think there is any other company better positioned to take advantage of that and try to help society and battling one of the biggest challenges of our time. >> maybe the biggest for a long-term view, absolutely now lumber, it goes crazy. a lot people think there is just a couple of canadian sawmills that were much more involved in thinking that you did. you were a good corporate citizen when the lumber futures went up. have we calmed that down >> we've seen a lot of volatility around lumber going back to the onset of covid we've seen covid through the historic levels that we saw during the spring. and that is really a combination of a few things. on the demand side, seen just really strong demand from residenti

advancing china and that would put us in just a very vulnerable position. so that's what i don't want to see happen, is that we're kind of woken up by some huge devastating attack on our critical infrastructure that's crippling and all of a sudden everybody has discovered the importance of focusing on this other piece. >> thank you. and i do hope that we will not get to that point. unfortunately, we're running out of time but thanks again for being here with us. thank you to the audience for submitting your questions. i'm now going to turn it over for closing remarks. thank you again. >> thank you. >> that was a great conversation and a really wide-ranging one. i think what i take away is it's imperative that the united states rebuilds as we go forward into the 21st century and i think the conversation helps us understand some of the ways we might do that and some of the obstacles we might face. so i would like to thank all of you for joining us today. >> on wednesday, fbi and homeland security officials testify on efforts to counter domestic terrorism befo

in science and technology. i want to thank my colleagues for their work on this bill. investments in research and development now will pay untold dividends for the future health and prosperity of our country. i'm proud to stand in support of the build back better plan. and i urge that we pass this bill swiftly as soon as we can pass this rule. and thoughtfully for the good of the american people today as well as the future generations will benefit from these investments. i yield back. the speaker pro tempore: the gentleman from texas. mr. burgess: at this time i'm pleased to recognize member of the republican leadership, valuable member of the energy and commerce committee, mr. scalise of louisiana, for two minutes. the speaker pro tempore: the gentleman is recognized for two minutes. mr. scalise: i rise in opposition to the rule but specifically against this massive, multitrillion dollar tax and spend bill we just got the text last night, over 2,300 pages. as we've been combing through i'd like to point out a

in science and technology. i want to thank my colleagues for their work on this bill. investments in research and development now will pay untold dividends for the future health and prosperity of our country. i'm proud to stand in support of the build back better plan. and i urge that we pass this bill swiftly as soon as we can pass this rule. and thoughtfully for the good of the american people today as well as the future generations will benefit from these investments. i yield back. the speaker pro tempore: the gentleman from texas. mr. burgess: at this time i'm pleased to recognize member of the republican leadership, valuable member of the energy and commerce committee, mr. scalise of louisiana, for two minutes. the speaker pro tempore: the gentleman is recognized for two minutes. mr. scalise: i rise in opposition to the rule but specifically against this massive, multitrillion dollar tax and spend bill we just got the text last night, over 2,300 pages. as we've been combing through i'd like to point out a

arioso: if there is a positive note to this regulation, th are willing to help our industry mitigate it, you know, with some dollars and then, you know, some science that, you know, on technology as we've just put in to help mitigate the problem. it's not just the milk now. you know, i keep saying the milk because that's--every month when i sit down to pay my bills, you know, up till 3 months ago, it was only my milk check. now, you know, it's the gas. the cow's actually gonna create another form of income, you know, really driven by amazing technology. maas: the amount of revenue a digester can create for a farmer depends on the financial arrangements. but in general, it can produce a 6-figure income to the farm. so he's generating new revenue without taking additional risk. and it makes it a lot easier when you go back to the state and ask to expand your dairy or ask to change your operations because you've shown that you're already progressive and you're already ahead of the curve implementing environmental protections. arioso: you havto make sure you comply with the newer regulat

fortunately, agriculture is uniquely positioned to be the solution with current and , emerging technologies, we can tailor agriculture and food systems to support any and all desired outcomes. to that end, texas a&m agora life is well positioned to lead nationally in partnership with land-grant universities and the usda ars centers. i'm grateful for the new investments from congress, the state of texas and the u.s. dar asked that enable texas a&m agrilife to launch to long term innovative efforts. first, the institute for advancing health through agriculture will advance research that connects production, agriculture with human, environmental and economic health outcomes. second, the agriculture, food and nutrition scientific evidence center will be a global resource for policymakers and providing non bias comprehensive scientific information concerning the human, environmental and economic effects of any proposed changes to the food system and agriculture system. these efforts are now launching and mark an important first step in our collective efforts to solve some of the most pressing pr

the german carrier says they will keep earnings positive. facebook met up platform say they will no longer use facial recognition. this is over privacy concerns. meda says they need to way that benefits against growing worries about technology. facebook has used facial recognition to encourage people to tag friends or family in content. it will now delete the more than one billion templates. netflix has begun its long-awaited jump into video games, releasing five new games for android. they are included in the subscription and there will be no advertising or additional purchases required. -:the streaming giant sees videogames as the next big thing and is planning titles for apple. that is the bloomberg business flash. tom: maria: this is also about china complying with her commitment. is that something you feel is justified? >> that is one that we need. it is one that's putting everyone in that field, it's a crucial one. china's one of the biggest emitters in the world if we want to have an impact. we post each other to the same level emissi

nathan's highly sought after position at a growing company. here is nathan's personal success. his son oliver and wife desiree . >> so fun and inspiring to watch him. he is definitely a go getter. >> reporter: desiree and nathan met 12 years ago during their senior year in high school. for nathan, it was love at first sight. >> she caught my eye. at that time i thought it was super fly, so i went and kind of introduced myself. >> nathan's personality when we first met, he is very curious and does best making connections with people. >> reporter: for desiree, meeting nathan meant an instant connection to a young man who has been through a lot. back then the 18-year-old was living with friends working to support himself. his parents were in and out of his life. >> there's definitely a hard time to figure it out. rick >> reporter: with desiree by his side, nathan was on his own but not alone. >> there was a lot of people who supported me. >> reporter: her commitment for support. desiree's mom and dad welcomed nathan into their family. >> my mom has been there. both my parents, but

of china has access to sensitive technology, and not to mention the ongoing global chip shortages. i know you are positive about the new infrastructure themes and the buildup of 5g, but how will these other factors impact the sector? >> yeah. since the u.s. and chinese tensions started in 2018, we think china has already accelerated the domestic. they are building up their r&d capability. of course we still have a gap here. but in terms of the application -- the chinese company has incorporated lots of experience and know-how. in terms of manufacturing, they are capable. in semiconductor, of course there is still a gap. semiconductors is another industry that they really rely on the global supply chain. either one, they cannot get rid of each other easily. a lot of collaboration is still ongoing and chinese invests a lot in the basic research and also a lot of the ip development in the past five years as well. we see that that is helping china to be more capable, increasing the bargaining power with the global payers. so this will still maintain the competence of chinese companies

we just have to wait to see whether the outcome is positive or negative. hello and welcome to the week in tech. it was the week apple is suing the nso group, the firm behind pegasus spyware, over its use of surveillance software on the iphone. website provider godaddy�*s data breach has compromised over a million wordpress users on its platform. and hello from the b—side as adele get spotify to remove the shuffle icon from her album pages. an electric aircraft made by rolls—royce is awaiting verification as the fastest electric plane on the planet. the spirit of innovation did not break the sound barrier, but 387 mph is still blisteringly fast! the company now awaits formal world record certification. the uk government has introduced legislation to make smart devices harder to hack. this includes banning default passwords for internet—connected devices, and firms which do not comply will be fined. now, do you remember yourfirst mobile phone? oh, the nostalgia and the battery life! well, now, over 2000 old models have been put in a mobile phone muse

a lack of trust in the major technology companies. about whether they want to be associated with these. it puts us in a position as educators on campus where we have to think and dig deep with our students around the questions of how do we amplify the benefits of technology while also mitigating this. the book itself evolves with this nuance adult pragmatic conversation that is not this but recognizes that technology is not value neutral, and involves trade-offs. it generates benefits alongside and our challenge collectively to think about how to weigh those things. >> i will just say, while we can focus on stanford and think about its potential role and talking about the tech companies, we can focus on your corporate leaders in cpl's, the big picture arguments of the book is individualizing these kinds of challenges misses the bigger challenge that we face. the system error that we are describing is a function of an optimization mind set that is embedded in computer science and embedded into allergy that basically ignores the values

the company established the technology that would allow for anchor to take their whole infrastructure and make the types of changes that allow for the water that they use to clean the bottles and equipment and other things to actually be recycled water rather than water that could otherwise be used for drinking. this technology is really changing the way that we do business in the state of california and we're grateful for their support and the work that they did to develop this technology. and here in san francisco the san francisco public utilities commission have a grant program. a grant program where we've already provided over $2 million to various companies to change their businesses so that it doesn't impact their business directly so they can accommodate technology like this to make adjustments and anchor received a $1 million grant to make such changes. we're grateful to be here today because when you think bit, what they're doing in just this location alone is anticipated to save over $20 million gallons of water. that's the equivalent of over 1300 residents in san francisco

such as c, c, c, s, govern kupta unsorted, which only the rich well has access to so big through this position, it's possible for the u. s. for example, o, any of the developed countries to continue so long as their call is not an a bit and caused the call that india is likely to use include in other margin economies. willingness certainly have access to says he is, there's is going to be the duchess of all. and so what we need is actually a global corporation that she has clean technology that she has finance with, rich, historical polluters, actually facilitating and enabling the developing countries to be able to live for bettina gen become a green leader. so those folks will have the finance, largely accumulated as a result of, you know, an fitted pollution over the centuries, and don't want to share money and don't want to share technology, but one to the developing world to contribute to our children. a problem that was largely created by the rich wall and that cannot be right. so what we need is a global result of not just all but of oil and gas also. but in a way that is going to be fa

us on these technologies five or ten or 30 years from now. so i think i agree wholeheartedly with you, we need to make strategic investments. and the senate is doing that, and we need to continue doing that, and the strength of the american economy, innovation, high tech, biotech. because it's likely to be the central arena of competition between us, with china. and if i am confirmed, it will be a central focus. it already is, of the biden administration, but i'll be very focused on it. >> thank you, sir. i look forward to supporting your nomination. thank you, mr. chairman. >> thank you. senator merkley. >> thank you very much, ambassador, for service over a long career. i wanted to start with recognizing, you've noted that china is not an olympian power. that just catches my attention because the olympics in china are just four months away in february. and as we had discussed in my office, i am very concerned about the fact that the international olympic committee has placed the olympics in a nation that is conducting genocide against its o

they have got new technology features not to significantly enhance the guest experience. this disney janie -- genie app has gotten a lot of rave reviews. while they are all from pre-pandemic levels, we saw the margin starting to come back. it will take time to get there but there is silver lining on the horizon. emily: always appreciate your perspective on the show. the electric drugmaker rivian going public hitting $12 billion. we will hear exclusively from the ceo about what is next in the challenges on the road ahead. that is next. this is bloomberg. >> i would say the biggest challenge we have broadly across industries is the health of the supply chain. ♪ emily: that is rivian's home -- ed ludlow spoke with the ceo in an exclusive interview. >> we spent years and years putting this together. it is exciting to see such a diverse group of people with diverse grounds and it was coming together to create these products and standing it today and looking out at the team as we ring the bell was quite emotional. seeing so many positive faces. we are excited and this is the