Podcasts about time warner inc

Henry Lake is in for Jason. In light of the passing of John Amos, Henry talks with listeners about the most iconic TV dads. (Photo by Craig Barritt/Getty Images for Time Warner Inc.)

At this week's Round Table, Emmanuel, Inyoo, and Hannah spoke with Terry Edmonds, a trailblazer in the realm of communications and speechwriting. Terry holds the distinction of being the first African American Chief Speechwriter for President Bill Clinton, a role he fulfilled during the final term of President Clinton's administration. With over four decades of experience spanning political campaigns, corporate boardrooms, and nonprofit organizations, Terry's expertise in crafting impactful speeches has left an indelible mark on American discourse. His insights resonate all the more in the midst of the current presidential race Throughout his illustrious career, Terry has penned speeches for a diverse array of leaders, from presidential candidates and corporate CEOs to nonprofit executives and university presidents. His tenure as Chief Speechwriter for President Clinton included shaping speeches on critical domestic policy issues such as education, healthcare, and welfare reform, as well as the State of the Union addresses and federal budget presentations. Beyond the White House, Terry served as a chief speechwriter in the Obama Administration, notably contributing to the Corporation for National and Community Service and NASA, under Administrator Charles Bolden. His work extended to writing for prominent entities like IBM, Columbia University, Time Warner Inc., AARP, and the National Urban League, demonstrating his versatility in adapting his writing to different organizational contexts. In our discussion with Terry, we explore the nuances of effective communication in today's political, corporate, and nonprofit landscapes. We delve into the importance of diverse voices in speechwriting and leadership, reflecting on Terry's lifelong commitment to social justice and uplifting minority youth through initiatives at Harvard's Advanced Leadership Initiative and beyond. Moreover, Terry shares insights into what constitutes a compelling speech, drawing from his extensive experience across various sectors. From the intricacies of rhetoric to the power of storytelling, our conversation sheds light on the elements that resonate with audiences and drive meaningful change. Thank you for listening!

EPISODE 1481: In this KEEN ON show, Andrew talks to Betaworks CEO John Borthwick about the origins of the social media age and why the intelligence for today's AI revolution is being built upon social media data John Borthwick is the CEO and Founder of Betaworks. He leads the company building and investment process since 2008. Previously, John was SVP of Alliances and Technology Strategy for Time Warner Inc.; CEO of Fotolog, one of the first social photo sharing sites; and head of AOL's product development studio after they acquired his first company, WPStudio, one of Silicon Alley's first content studios. John studied at Wesleyan University and Wharton School of the University of Pennsylvania. Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting KEEN ON, he is the host of the long-running How To Fix Democracy show. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children. Learn more about your ad choices. Visit megaphone.fm/adchoices

Fridays 10:00am - 11:00am (EDT)WHAT WILL THE AUDIENCE LEARN?Mental health is a topic that is very much at the forefront of the news these days and for good reason. One of the stark realities to come to light over the past 2 years has been the impact of the pandemic on the mental health and social development of children. With so many interactions occurring in the virtual space, kids were missing out on the social and mental benefits that come with attending school and social interactions. For children in the hospital, the level of isolation they were experiencing was particularly traumatic. We learned from our hospital partners that mental health wasn't just a concern, it was an impending crisis, particularly for teens. According to the National Institute of Mental Health, suicide is the second leading cause of death between the ages of 10 and 20. Children who are being treated in pediatric psychiatric wards are there for a variety of reasons and their needs are just as varied. Unfortunately, this is often a population whose interactions and activities are even more restricted than other hospitalized children. We knew this was an area where enCourage Kids could make a significant impact. The relationships we have built over the last three decades with the child life and medical staff in our partner hospitals put us in a unique position to help spread awareness of the challenges many hospital systems are facing and how we are supporting them in meeting the needs of their communities, including those of your audience members and their friends and families.EPISODE SUMMARY:Jean Butler is the President and CEO of enCourage Kids Foundation, a renowned nonprofit organization which helps humanize healthcare for children and their families through resourcing impact-driven pediatric programs. Jean works with hospital administrators, community leaders, corporations, private enterprise and a committed staff team to improve the hospital experience for pediatric patients.Jean came to EKF with more than 25 years' experience in a variety of executive roles in business and philanthropy, including at Time Warner Inc., where she received the Award of Excellence for Outstanding Financial Contribution from Time Warner's Executive Management.Jean holds a BA in Economics from the College of the Holy Cross and an MBA in Marketing from the Fordham University Gabelli School of Business, and was an adjunct instructor in the global MBA program at Fordham's Gabelli School of Business.Name of your organization: enCourage Kids FoundationWebsite: www.encourage-kids.org Facebook: https://www.facebook.com/encouragekidsfoundation/ Instagram: https://www.instagram.com/encouragekids/LinkedIn Profilehttps://www.linkedin.com/company/encourage-kids-foundation/‍Tune in for this sensible conversation at TalkRadio.nyc or watch the Facebook Livestream by Clicking Here.

Head of the AI and Media Integrity Program at the Partnership on AI (PAI) Claire Leibowicz, Tech Policy Press CEO and Editor Justin Hendrix, Betaworks CEO John Borthwick, and Douglas Rushkoff come up with guiding principles for the future of artificial intelligence on a live panel discussion recorded at Betaworks on Monday, April 3.

0:00 -- Intro.2:00 -- Start of interview.2:36 -- Paul's "origin story".4:13 -- On the SVB collapse and current banking crisis.8:04 -- On his time as a senior executive and corporate secretary at Time Warner (20 years).11:28 -- About The Conference Board (founded in 1916) and his role as the Executive Director of its ESG Center (founded in 2019).14:15 -- About their recent article “The Roles of the Board in the Era of ESG and Stakeholder Capitalism” (Feb, 2023). Focus on "the whom" (stakeholders) and "the what" (ESG).18:40 -- Paul's take on the BRT Restatement of the Purpose of the Corporation (2019) and corporate directors' fiduciary duties under Delaware law.23:51 -- On improving board evaluations.27:54 -- Enhancing Board Information and Stakeholder Engagement in the Era of ESG and Stakeholder Capitalism.30:03 -- Optimizing Board Composition, Structure, and Capabilities in the Era of ESG and Stakeholder Capitalism. "The leadership of your board is more critical than ever."33:50 -- Incorporating ESG and Stakeholder Interests into Board Business Decisions. 36:02 -- The dangers of greenwashing. "ESG does not eliminate the business cycle."40:02 -- On the "anti-ESG" backlash. "I would breakdown ESG backlash (resistance) into three components: 1) Healthy skepticism, 2) Philosophical or ideological opposition (the Milton Friedman stance), and 3) Opportunistic opposition: making ESG part of the culture wars: calling it "woke" or "elitist". "But if the question is re-framed as a question of economic opportunity, fairness and security (the #1 social issues for CEOs per TCB research). That's how you de-fang the opposition." "How can you be against the G in ESG? Do you really want bad governance? No."44:41-- On large asset managers passing-through voting power to beneficial owners. 48:00-- On geopolitics in the boardroom. "Boards need to do scenario planning."51:30 -- The books that have greatly influenced his life: He doesn't read biographies. He likes to read primary documents: other peoples' mail, letters and diaries. 53:57 -- His mentors, and what he learned from them ("in a meeting, park your ego at the door"). Judge David Tatel (DC Circuit)Justice David Souter (US Supreme Court)Dick Parsons (ex CEO of Time Warner)Jeff Bewkes (ex Chairman and CEO of Time Warner)Stan Lundine (former Lieutenant Governor of NY)55:31 --  Quotes he thinks of often or lives his life by: "I wish to be useful, and every kind of service necessary to the public good becomes honorable by being necessary." ~ Nathan Hale.56:42 --   An unusual habit or an absurd thing that he loves: "British murder mysteries."57:30 --   The living person he most admires: his 7-year old son Jacob.Paul Washington has led The Conference Board ESG Center, a US-based nonprofit think tank addressing corporate governance, sustainability, and citizenship, since 2019. Before joining The ESG Center, he served for nearly 20 years as an executive at Time Warner Inc., including as Senior Vice President, Deputy General Counsel, and Corporate Secretary, as well as Chief of Staff for the company's Chairman and CEO.__ You can follow The Conference Board on social media at:Twitter: @ConferenceboardLinkedIn: https://www.linkedin.com/company/the-conference-board/__ You can follow Evan on social media at:Twitter: @evanepsteinLinkedIn: https://www.linkedin.com/in/epsteinevan/ Substack: https://evanepstein.substack.com/__Music/Soundtrack (found via Free Music Archive): Seeing The Future by Dexter Britain is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License

When Ice-T and his band, Body Count, released the song “Cop Killer” in 1992, it spurred outrage. At the time, Bill Clinton and George Bush were running for president, and condemning “Cop Killer” was among the handful of stances where they found common ground. Officials and police departments called for a complete boycott of Time Warner Inc. for refusing to halt the sales of the song. In response, Time Warner publicly stated its unshakable commitment to stand by freedom of expression and argued that “Cop Killer” is an "artist's rap on how a person in the street feels." "It's a shout of pain and protest," and "raw with rage and resentment." Professor Carrie Fried of Winona State University conducted a long study that year in an attempt to contextualize this dialogue in research; she found that participants exhibited several implicit biases. they were more likely to find one of two songs with the same lyrical content more threatening and offensive if they thought it came from a Black artist or fell under the genre of rap. She also found that participants were quick to pin violent lyrics on the rap genre, even when they came from folk songs. So what happens when these implicit biases sit on the jury in a real criminal case? Across the country, rap lyrics are on trial as prosecutors pull from the expressive words of artists, and judges deem these songs to be admissible evidence in court. Joining us today to discuss this evolution of this practice is Erik Nielson, professor at the University of Richmond and co-author of the book Rap on Trial: Race, Lyrics, and Guilt in America. We are also joined by New Orleans rapper, songwriter, and former member of the 504boyz Mac Phipps, who experienced firsthand how the use of lyrics on trial can lead to a wrongful conviction.

In this episode, we speak to Michael Diamond, the Academic Director of the Integrated Marketing Communications department at NYU's School of Professional Studies, within its Division of Programs in Business.  He leads the MS in Integrated Marketing and MS in PR and Corporate Communication, and serves as a Clinical Assistant Professor of Integrated Marketing.Michael Diamond is the Academic Director of the Integrated Marketing Communications department at NYU's School of Professional Studies, within its Division of Programs in Business.  He leads the MS in Integrated Marketing and MS in PR and Corporate Communication, and serves as a Clinical Assistant Professor of Integrated Marketing. Michael is a Lecturer in Theater Management at the Yale School of Drama, and has served as an adjunct faculty member at Baruch/CUNY, teaching Marketing Management to Executive MBAs.  Prior to his roles in academia, Michael worked with Time Warner Inc. and affiliated companies, for almost twenty years, in the areas of marketing, strategy and operations. Most recently, Michael was the Senior Vice President and acting Chief Marketing Officer for Time Warner Cable. He previously held senior positions covering long-range planning, digital business strategy, and international investments at Time Warner, Inc., after having worked as a management consultant at Booz Allen Hamilton with clients in media, entertainment and technology.Michael is a Fellow of the Chartered Institute of Marketing, and holds the Practitioner Faculty Accreditation from AACSB, along with Harvard Business school-based training in Case Method teaching. Michael served as a Trustee of the Marketing Science Institute, a board member of the Cable Telecommunications Association for Marketing and on the International Alumni Board of the London Business School.Learn more about Michael DiamondLearn more about The NYU School of Professional StudiesFollow Peter Mahoney on Twitter and LinkedInLearn more about PlannuhJoin The Next CMO CommunityRecommend a guest for The Next CMO podcastProduced by PodForte

Ms. Nashira Layade is Executive Vice President and Chief Technology Officer, Business Services, at Realogy Holdings Corp. (https://www.realogy.com/), and she leads Realogy's technology infrastructure, security, operations, and support strategies. Realogy Holdings Corp. is an American publicly owned real estate and relocation services company which owns and franchises several real estate brands and brokerages (including Better Homes & Gardens Real Estate, Cartus, Century 21 Real Estate, Citi-Habitats, Coldwell Banker, Corcoran Group, ERA Real Estate, Sotheby's International Realty and ZipRealty), which supported approximately 1.4 million home transactions in 2020, and offers relocation, lead generation, title, and settlement services. Most recently, Ms. Layade served as senior vice president, chief information security officer for Realogy, responsible for establishing and maintaining the enterprise vision, strategy, and programs necessary to ensure the adequate protection of Realogy's digital information assets and technologies. Ms. Layade's background includes nearly 20 years experience as an executive and thought leader in information security, data privacy, and risk management for multinational Fortune 500 firms in the financial services, media & entertainment, and real estate industries. Prior to joining Realogy in July 2016, Ms. Layade served as an executive director for information security at Time Warner Inc. for nearly five years, and before that served as a director of information security for Prudential Financial. From 2005 to 2009, Ms. Layade held key senior leadership positions at Citibank, including vice president and senior risk control officer, and prior to Citi, spent three years working as a global head of information security for Bloomberg LP. Ms. Layade holds an M.S. in Telecommunication Networks from the Polytechnic Institute of New York University. She obtained a B.S. in Computer Science from the University of Pennsylvania and is also an alumna of the prestigous Phillips Academy Andover.

Today Randi is sitting down with Tamir Muhammad, producer of film & television, and Founder of Populace. Tamir discusses his fascinating career while also talking about his love for working with new stories and artists.Tamir previously oversaw OneFifty at Warner Media (formerly Time Warner Inc.), including developing & producing the original slate. Under his direction, OneFifty incubated several boundary-pushing projects before positioning them in the company's divisions (Warner Bros., HBO, & Turner). Prior to joining Warner Media, Muhammad was VP, Content Development, for Tribeca Enterprise's Digital Studios, overseeing development. He also previously served as VP of Film, TV and Online Programming at the Tribeca Film Institute, overseeing funding and development.  Current credits include the critically acclaimed HBO series Random Acts of Flyness as well as the graphic novel The New World which he's developing as a feature with Warner Bros. Pictures.

AT&T will join its media operations with those run by Discovery to create a new company in a $43 billion deal that run its CNN, HBO, TNT and TBS with channels like the Food Network and HGTV. With the agreement Monday, AT&T is easing back from a yearslong push into a streaming entertainment sector where big players are slugging it out with increasingly large war chests dedicated to premium and original content. The newly formed and publicly traded company will enter a streaming arena that has been flooded in the past two years with new players including those owned by AT&T and Discovery, which operate HBO Max and Discovery+, respectively. It is a major directional shift for AT&T which squared off with the Justice Department less than three years ago in an antitrust fight when it wanted to acquire Time Warner Inc. for more than $80 billion. That was a fight to expand into entertainment that AT&T won. It’s not immediately clear what the new company would mean for customers, but it will likely allow the bundling of streaming services. For example, Disney offers its viewers Disney+, Hulu and ESPN. A standalone streaming service for CNN is also a possibility. The combined media company will still be outsized by rival streaming services. With files from the Associated Press Guest:  John Horn, KPCC arts and entertainment host; he tweets @JGHorn

Today I sit down with my good friend Karon Hawkins aka Coach Kronic. I met Karon at a mastermind hosted by Cody McBroom in Seattle. We started by going around stating our goals with our business and when it came to Karon I distinctly remember him saying "I want to build an empire" with the utmost certainty and I immediately wanted to get to know him more because greatness recognizes greatness. In the episode, we get into some of that trip and our night out on the dance floor.We also get into the backstory that brought Karon into coaching clients in person and online. This was not the initial career he had in mind and actually, after getting his first degree in information systems and business, he got a job at Time Warner Inc. as a cybersecurity analyst.This was the first time Karon experienced what financial security felt like and to his disappointment he found dreading work in the morning despite that financial security. It didn't fulfill him in a way that excited him every day, the reality was he never had one day like that for a year so he left in pursuit of a Master's Degree in Health and Physical Activity. This was surprising to a lot of friends and family because Karon grew up unathletic, in drama classes, and a dancer but this passion was something he's never experienced before.One of Karon's biggest reasons for getting into this field was because he dealt with chronic pain (hence Coach Kronic) and because of this coaching and focus was on how to optimize the body to reduce and eliminate pain. This started with the supple leopard, then FRC and eventually he stumbled onto an account called flobility. And after interviewing Jordan (the creator of flobility) and trying out his principle for almost a year he is certain this is the missing piece the industry is looking for!Karon has also been nice enough to share a mini-series of theirs if you are interested in what Flobility is about which you can access here:www.flobility.com/miniseriesIf people wanna get started right away they can go here: www.flobility.com/flo-1 and use discount code KH50 for 50% off the initiation fee.And if you're looking for help with your own fitness and nutrition you can apply for coaching here:https://admin.typeform.com/form/yXyw7C/create

In today’s world, sustainability is at the forefront of concerns. The term “ESG” rings in the ears of many business leaders worldwide and has begun to significantly impact decision-making of all kinds. Following this trend as board directors, we should equip ourselves to see the world through this lens and govern in the boardroom in this same manner. To learn more about governing with ESG values, we welcome Paul Washington to the show. Paul Washington is the Executive Director of the ESG Center at The Conference Board. He formerly served as Senior Vice President, Deputy General Counsel, and Corporate Secretary of Time Warner Inc. He graduated from Fordham University’s School of Law and remains a resident fellow where he has taught corporate governance for over a decade. In today’s episode, Paul helps us unravel topics like challenges and priorities for boards amid COVID-19, director compensation, and board composition all while informing us about the implications of an ESG mindset in governance. Click here to listen now!    Subscribe & Review in iTunes Are you subscribed to my podcast? If you’re not, I want to encourage you to do that today. I don’t want you to miss an episode. I’m adding bonus episodes to the mix and if you’re not subscribed there’s a good chance you’ll miss out on those. Click here to subscribe in iTunes! Liked this episode? I would be really grateful if you'd take 30 seconds to leave an honest review in iTunes. Those reviews help other people find my podcast and they’re also fun for me to go in and read. Plus, I love to give shoutouts on the show to everyone who submits a review. Just click here to review, tap “Reviews” and “Write a Review” and let me know what your favorite part of the podcast is.  Let's Get Social!  I absolutely love connecting with listeners on social media. I'm most active on LinkedIn. (And yes, I do personally post and respond to my accounts!) This is a great way to hear my latest thinking, get the inside track on new products, and occasionally see a picture of my adorable toddler.  Resources Mentioned in This Episode The Conference Board ESG Center Reports and Surveys Challenges and Priorities for Boards Among COVID-19 Director Compensation Board Composition Back to the Drawing Board, Colin Carter and Jay Lorsch The Fringes of Power, Downing Street Diaries 1939-1955, John Colville

John Borthwick has been a leader and early-stage investor in New York technology for over two decades. As founder and CEO of betaworks, John has led the company building and investment process since 2008. Companies built by betaworks include Giphy, Dots, bitly, and Chartbeat. Previously, he was SVP of Alliances and Technology Strategy for Time Warner Inc.; CEO of Fotolog, one of the first social photo sharing sites; and head of AOL’s product development studio after they acquired his first company, WP Studio, one of Silicon Alley’s first content studios. He currently serves on the boards of WNYC, New York Public Radio, Data & Society, Giphy, Dots, and Blade. John holds an MBA from Wharton and a BA in Economics from Wesleyan University. Learn more about your ad choices. Visit megaphone.fm/adchoices

My Weekly Reminder.....Be Mindful of How You are Living Your Life! Every week the first 10 minutes of my ASK BEATTY SHOW summarizes all of the things that we need to DO to keep ourselves emotionally, psychologically and physically healthy.   1.  In the last 48 hours have you been engaging in activities that are good for you or have you been engaging in behaviors and relationships that are destructive and self-destructive to your well-being?  Be honest with yourself. If you are being good to yourself, continue to do so.  If not, when and what steps  are you you prepared to take to put your life and your relationships on a more positive course?   2.    My guests today are Jane H. Goldman and Cheryl Benton.   Jane is a renaissance woman and is the author of With No Regrets-Getting Older"  Face It, Live It, Love It, published by Three Tomatoes Publishing (2019).  Jane reveals universal fears and thoughts about growing older and freeing ourselves from the expectations of others. For a number of years, Jane was General- Counsel Vice President of Warner Bros Distributing Corporation and thereafter, litigation counsel to its parent company Time Warner Inc. She now pursues and lives her passions which include painting, sculpting, music and writing.  She also won a Drama Desk Award as associate producer of the long running show Celebrity Autobiography, which recent had its Broadway debut.  She earned her law degree from NYU.   Cheryl is the founder/publisher of the Three Tomatoes, a lifestyle media platform for grownup women, which she started after a successful career in advertising.  Three Tomatoes celebrates women at every age and stage of our lives.  She is the author of a novel, Can You See Us Now? and co-author of Martini Wisdom. She recently launched the Three Tomatoes Publishing Services to help women get published.  "Women's voices and stories, especially as we get older, need to be told", says Benton.   TO LIFE AND LOVE, xxxBEATTY

Tony Fernandes has worn many hats over the course of his decades-long career. And if the Group CEO of AirAsia (and former host of The Apprentice Asia) ever finds himself dissatisfied with a signature look, he’ll just invent a new one. “You have to keep renewing yourself,” Fernandes says. “You’re only as good as tomorrow.” That philosophy undergirds Fernandes’s entire career trajectory. Before starting what is now one of the world’s most successful budget airlines, Fernandes was an accountant, working briefly for the likes of Virgin Atlantic and Virgin Communications. He then reinvented himself within the music business, where he served as a Warner Music executive in Malaysia. Fernandes’s latest reinvention is his biggest, and most complex. He’s the co-founder and Chairman of Tune Group, a conglomerate of hotel, automotive, financial services, education, media, and telecommunications industries subsidiaries. And he sits at the helm of AirAsia, a budget, no-frills airline that has revolutionized travel in Southeast Asia. After purchasing the then-bankrupt airline for a shocking 24 U.S. cents, Fernandes has grown the brand to a net worth of more than $1.5 billion. AirAsia is now the fourth-largest airline in Asia, behind only the big Chinese carriers (in 2017, AirAsia flew over 90 million passengers), and it recently embarked on an ambitious program that will see the airline transform itself into a travel technology company. To hear Fernandes tell it, two primary factors differentiate AirAsia from other companies. For starters, the company has always embraced digitization. And secondly, the organization is built on inclusivity and creating a fantastic work culture. Here’s how Fernandes has leveraged those strengths to build a company that no one thought possible. Pursuing a Childhood Dream In 2001, during Fernandes’s more than decade-long stint in the music business, digital advancements began to threaten deeply entrenched industry norms. Fernandes spotted an opportunity, but his colleagues weren’t so keen on the digital revolution. “Napster had come along and Spotify was just starting, and I thought, ‘Wow, this is super exciting for the music industry,’” Fernandes says. “But I was a lone voice.” No one at Warner Music or Time Warner Inc. (where Fernandes was working at the time) thought it was a good idea. “They thought the internet would destroy music,” Fernandes says. “My premise was that we can’t hold technology back and that this was a fantastic distribution model to create more revenue.” But his vision didn’t gain traction, and when Time Warner merged with AOL, he decided to bid adieu to his music industry career. He was sitting in a bar in London, trying to figure out what to do next with his life, when he saw mention of the budget airline easyJet on the pub’s TV. Fernandes instantly recalled his childhood love of planes. “Always from a very young age, I’d told my dad, ‘I’m gonna own an airline one day,’” he says. “That’s one of those things you say, but you’re not entirely sure you’re gonna do. But I always said it. And so I thought, ‘Well, this could be the time.’” It might seem like a bold move for a music industry exec to presume he could run an airline, but Fernandes was motivated by one simple premise: YOLO. “I thought… ‘You only live once,’” he says. “If I fail, I fail. It’s okay. I’ll go get a job doing something else. But I don’t want to sit there at 55 and say, ‘I wish I did it.’” Fernandes’s idea gained further traction after he started studying the models of low-cost airlines such as RyanAir. (RyanAir’s then-Director of Group Operations would later become a shareholder of Fernandes’s airline.) Inspired by what he refers to as an “amazing concept,” Fernandes gathered up some partners and returned to Malaysia for a meeting with the Prime Minister. The Prime Minister agreed to let Fernandes and his partners into the airline industry, but only if they purchased an existing airline. As a result of some devastating circumstances, there were a lot of opportunities. Fernandes was looking to purchase an airline around the time of the September 11, 2001 terrorist attacks, which had sent the industry reeling. He ended up purchasing AirAsia, a Malaysian government-owned airline that was $11 million in debt, for a grand total of 24 U.S. cents. Driving Growth After purchasing AirAsia, Fernandes knew he had to move fast. “It was very clear to me once we started moving that…I was going to put the foot to the accelerator because there were some big around me,” Fernandes says. “When you have something, scaling up is important.” Luckily, Fernandes spotted multiple avenues for growth. For starters, he knew that at the time he acquired AirAsia, only 6 percent of Malaysians flew. If he could capture even a portion of the other 94 percent, he’d be in business. What’s more, he was willing to fly to places that most airlines didn’t go. “A lot of our growth has come from destinations that no one did before,” he says. But perhaps AirAsia’s biggest differentiator was its use of the internet at a time when, globally, many still weren’t online. “Back in 2001, most people didn’t even have internet yet,” Fernandes says. “But I said, ‘Trust me, when I put a fare at 2  dollars, people are going to find their way to the internet.’” Since then, AirAsia has been religious about tracking and keeping data. So when huge brands started to embrace digitization many years later, they were already ahead of the game. Still, Fernandes knew he was at a disadvantage, due to his lack of industry knowledge, so he accelerated his learning to ensure he could continue AirAsia’s rapid growth. He sat down with engineers, pilots, simulators, and cabin crews; learned how to change a wheel; and generally threw himself into understanding the intricate workings of planes and airlines. “I was a sponge,” Fernandes says. “I took everything in.” A strong focus on innovation, learning, and growth helped Fernandes and his team make up for what they lacked in capital. “Let’s be real, three guys from the music business coming in to start an airline is not the most convincing business ,” Fernandes says. “No bank gave me a cup of coffee. Did we want capital? Of course. But we didn’t have it. But again…we built a massive airline with very little capital.” In fact, AirAsia only raised one round—$30 million around year three—before launching its initial public offering (IPO). “I’m old-fashioned in that aspect,” Fernandes says. “I believe in cash. I believe in making some profit. If you have a model where you can make money, make money. And of course reinvest some of that money, which we did.” Much of that money went into flying to new places. “The product was going places that no one else wanted to go,” Fernandes says. “We couldn’t stand still… kept adding routes and new destinations.” While the airline continues to add new destinations, today it’s equally focused on developing a multi-pronged digital strategy. The organization is digitizing all of its processes to enhance efficiency and the customer experience. It’s also attempting to create a comprehensive travel ecosystem that will enable users to book train tickets, purchase concert or other event tickets, use financial services, and so on, all from one central hub. “We’re using and building platforms that will provide more value to my customers…and it’s an exciting vision,” Fernandes says. “There’s a huge potential if we can execute well.” That execution hinges on a top-notch team working cohesively and effectively. Luckily, Fernandes has been building that since day one. Building a Dynamite Culture “Culture is, I think, the most important thing in the success of AirAsia,” Fernandes says. Fundamental to that culture is a bedrock of transparency and trust—even among 24,000 staff. “It is by complete choice that we’re open plan,” Fernandes says. “When you have an office, you have all these invisible walls. … So one day I just came in and smashed all the offices. I brought a contractor in and just tore them all down. And we’ve been open-plan ever since.” In keeping with the open office concept, AirAsia also employs a fairly flat organizational structure. “I like to think we utilize everyone’s brain,” Fernandes says. “We put everyone…in the same building. Everyone eats in the same place, everyone goes to the same gym. I want people who believe they can do a lot more and grow in this company.” This spirit of inclusivity extends to diversity. “We embrace diversity,” Fernandes says. “We don’t care what race, creed, color, sexual orientation you are. And I think that’s a strength. Because that gives us a huge diversity in our workplace, and a huge ability to attract great talent and great ideas. … I wanna have a fantastic, multi-ethnic, diverse company, and I think we’re not far from that.” Of course, when you’re dealing with a team of 24,000 people, it’s easy for bureaucracy to rear its ugly head. “We got big, and politics and bureaucracy creep in,” Fernandes says. “But it’s not something I’m gonna run away from. I confront it because bureaucracy and politics is the cancer of any organization” One strategy the team uses to confront bureaucracy is simply having fun. “I think too many business leaders take life too seriously,” Fernandes says. “Too many entrepreneurs get too stressed. Have a balance. You don’t have to work 18 hours a day. Make sure you give time to your family and your kids and your friends.” In Fernandes’s view, this juggling act is worth it in pursuit of building a great team. “You’ve gotta surround yourself with good people, and you’ve gotta be prepared to listen,” he says. “Too many founder CEOs think they know it all. … You can have all the ideas you want in the world, but the execution is what it’s about, and you need a good team.” Luckily, developing a great team has always been fundamental to Fernandes’s vision for AirAsia. “My vision was to create a great place to work—a fair place to work, where it didn’t matter whether you…had money or a great education, but if you had a great brain and you had the will and belief, you could achieve anything in this airline,” he says. “To turn a raw diamond into a diamond—and we have so many of those. … If you really push me, it’s allowing a lot of my staff to live their dreams—that would be something I’d be most proud about.” That spirit of affirmation and inclusivity extends from AirAsia’s team members to its customers. In spite of the many ways that Fernandes and his airline have reinvented themselves over the years, the company’s slogan has remained the same since Fernandes first developed his vision all those years ago: Now everyone can fly. 5 Mini-Lessons in Entrepreneurship from Tony Fernandes Spend Money on Branding and PR “Great ideas are great ideas…only people know about them,” Fernandes says. “Too many businesses don’t spend enough on branding and marketing. Keep a budget for that.” Always Be Reinventing “The world is littered with products that didn’t reinvent themselves,” Fernandes says. For example, he references Nokia. “Who believe a world without Nokia phones? They were it.” Today, of course, the phone landscape is very different. Balance Focus With Innovation. “You have to live within your means and live within your resources,” Fernandes concedes. “But you also can’t stand still. It’s a balance. But life is a balance. Everything you do is a balance.” Don’t Worry so Much About Failure “Failure doesn’t worry me, because I’d rather fail than not try at all,” Fernandes says. “Many people are too worried about failing, so they don’t do anything. I’ve had many failures… I don’t have any regrets, because if I didn’t try I didn’t know.” Go With Your Gut “You can do all the marketing research you want,” Fernandes says. “You just gotta go with your heart sometimes and do it.” Key Takeaways Tony’s background in the music industry and how he wound up interested in airlines The wild story behind how he purchased AirAsia for 30 Australian cents The fundamental growth strategies he used on AirAsia His thoughts on funding AirAsia’s digital strategy On expanding your product line and trusting your gut AirAsia’s culture and why he thinks it’s the single most important factor in their success His advice on building a founding team How he came to host The Apprentice Asia His thoughts on personal branding as a CEO or founder How he views failure

AT&T is officially merging with Time Warner Inc. and has announced wide-reaching changes this week that will impact the management of the company, HBO and other media brands owned by AT&T and Time Warner. There's also a new study from the UK that puts a spotlight on just how dangerous social media can be for young kids and the habits they form.

Nicholas Economides, a professor at NYU Stern School of Business, discusses the Justice Department’s uphill climb to convince a federal appeals court to undo AT&T Inc.’s takeover of Time Warner Inc. He speaks with Bloomberg’s June Grasso.

Nicholas Economides, a professor at NYU Stern School of Business, discusses the Justice Department's uphill climb to convince a federal appeals court to undo AT&T Inc.'s takeover of Time Warner Inc. He speaks with Bloomberg's June Grasso. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Trading Block: Volume is a little lighter in XBT now. Taleb is not a fan of Bitcoin, at least not without options. Apparently Bitcoin is destroying the world. Question of the week: Everyone's caught Bitcoin fever these days. The first "real" futures launched at CBOE. Our question is simple - are you going to trade them this week? Heck Yes! Hell No! I already traded them Sticking w/Coinbase et al Odd Block: Closing vertical w/ puts in Time Warner Inc. (TWX). Closing upside calls in Symantec Corp. (SYMC). Size ITM put roll in Sanchez Energy Corp. (SN) Mail Block: Options question of the week Options during earnings is a coin flip. But you know you love to do it. What's your earnings options MO? Buy Calls/Call Spreads Buy Puts/Put Spreads Sell Puts/Put Spreads Fly/Iron Fly/Iron Condor Listener Questions: What's on your minds? Comment from Tom - Let's be honest. If any of us had size bitcoin we would have sold out ages ago and probably be kicking ourselves right now. Question from GiddyFranciscan - Sell in May and go away. What option strategy benefits from the profound market malaise that occurs over the summer? Question from KBX32 - What is the cheapest way to hedge my portfolio with options? Around the Block/Economic Reports: Dec 15 - Industrial Production

Trading Block: Volume is a little lighter in XBT now. Taleb is not a fan of Bitcoin, at least not without options. Apparently Bitcoin is destroying the world. Question of the week: Everyone's caught Bitcoin fever these days. The first "real" futures launched at CBOE. Our question is simple - are you going to trade them this week? Heck Yes! Hell No! I already traded them Sticking w/Coinbase et al Odd Block: Closing vertical w/ puts in Time Warner Inc. (TWX). Closing upside calls in Symantec Corp. (SYMC). Size ITM put roll in Sanchez Energy Corp. (SN) Mail Block: Options question of the week Options during earnings is a coin flip. But you know you love to do it. What's your earnings options MO? Buy Calls/Call Spreads Buy Puts/Put Spreads Sell Puts/Put Spreads Fly/Iron Fly/Iron Condor Listener Questions: What's on your minds? Comment from Tom - Let's be honest. If any of us had size bitcoin we would have sold out ages ago and probably be kicking ourselves right now. Question from GiddyFranciscan - Sell in May and go away. What option strategy benefits from the profound market malaise that occurs over the summer? Question from KBX32 - What is the cheapest way to hedge my portfolio with options? Around the Block/Economic Reports: Dec 15 - Industrial Production

Ed Hammond is joined by Bloomberg’s Anousha Sakoui and Tara Lachapelle to talk about the future of Fox amid reports that the media company is discussing selling major assets. What would a break up mean for the Murdoch empire and how will the shock decision by the Department of Justice to block AT&T’s $85 billion merger with Time Warner Inc affect the prospects for a Fox deal? 

Trading Block: Featuring special guest Dan Cook from NADEX. What are the uses for binary options? Binaries as a way to trade options. VIX coming back to life. House passes tax reform, will congress unify behind a single plan? Uncle Mike speculates on winter weather and resulting oil demand. There is still earnings on the horizon, including: AMAT, GAP and WMT after the bell today. Odd Block: More TSLA 50 “Catastrophe” puts. Put-palooza in Time Warner Inc. (TWX). Funky far OTM outs in Restoration Hardward (RH). Call vertical/roll in Dicks Sporting Goods Inc.DKS. Strategy Block: Dan Cook discusses binary options. Mail Block: Options question of the week The war for #Bitcoin #Derivatives is heating up w/ both @cmegroup and @cboe jumping into the fray. How do you think you'll be trading #Bitcoin in 2018? CME BRR Futures CBOE Gemini Futures Stick w/ Regular #Bitcoin Still don't trust #Crypto Listners weigh in: Question from JLC8 - What is shortest term option available? Is it equity or commodity? Around the Block: After-the-close earnings update. Will option vol come down? Are people going to take the money and run?

Trading Block: Featuring special guest Dan Cook from NADEX. What are the uses for binary options? Binaries as a way to trade options. VIX coming back to life. House passes tax reform, will congress unify behind a single plan? Uncle Mike speculates on winter weather and resulting oil demand. There is still earnings on the horizon, including: AMAT, GAP and WMT after the bell today. Odd Block: More TSLA 50 "Catastrophe" puts. Put-palooza in Time Warner Inc. (TWX). Funky far OTM outs in Restoration Hardward (RH). Call vertical/roll in Dicks Sporting Goods Inc.DKS. Strategy Block: Dan Cook discusses binary options. Mail Block: Options question of the week The war for #Bitcoin #Derivatives is heating up w/ both @cmegroup and @cboe jumping into the fray. How do you think you'll be trading #Bitcoin in 2018? CME BRR Futures CBOE Gemini Futures Stick w/ Regular #Bitcoin Still don't trust #Crypto Listners weigh in: Question from JLC8 - What is shortest term option available? Is it equity or commodity? Around the Block: After-the-close earnings update. Will option vol come down? Are people going to take the money and run?

Trading Block: The Return of the Viceroy! OCC cleared contract volume up 20% in October. Earnings! Disney - ATM straddle $5, approx. 4.5% NVDA - ATM straddle $16, approx. 8% Odd Block: Put roll in Time Warner Inc. (TWX). Size call love ENSCO PLC (ESV). Strategy Block: Uncle Mike Tosaw discusses the pulse of the market. Mail Block: Options question of the week Trading #Options during #Earnings is a coin flip. But you know you love to do it. What's your #Earnings #Options MO? 28% - Buy Calls/Call Spreads 5% - Buy Puts/Put Spreads 33% - Sell Puts/Put Spreads 34% - Fly/Iron Fly/ Iron Cond. Around the Block: Earnings check-in from DIS and NVDA. Uncle Mike is looking for 2600 in S&P. How many tax brackets? Taxes. Taxes. Taxes. High-yield bond charts look ugly.

Trading Block: The Return of the Viceroy! OCC cleared contract volume up 20% in October. Earnings! Disney - ATM straddle $5, approx. 4.5% NVDA - ATM straddle $16, approx. 8% Odd Block: Put roll in Time Warner Inc. (TWX). Size call love ENSCO PLC (ESV). Strategy Block: Uncle Mike Tosaw discusses the pulse of the market. Mail Block: Options question of the week Trading #Options during #Earnings is a coin flip. But you know you love to do it. What's your #Earnings #Options MO? 28% - Buy Calls/Call Spreads 5% - Buy Puts/Put Spreads 33% - Sell Puts/Put Spreads 34% - Fly/Iron Fly/ Iron Cond. Around the Block: Earnings check-in from DIS and NVDA. Uncle Mike is looking for 2600 in S&P. How many tax brackets? Taxes. Taxes. Taxes. High-yield bond charts look ugly.

Richard Socarides has been around the block: A partner with a New York City law firm. A White House special assistant during the Clinton administration, concentrating on civil rights, LGBT rights, criminal justice, and education. Media communications and marketing for Time Warner Inc., including a stint at New Line Cinema. And now, head of public affairs — which includes global marketing, communications, and government affairs — for GLG (Gerson Lehrman Group), a company that Socarides describes as a “learning membership connecting businesspeople trying to solve problems to experts that can solve them.” In the podcast, Socarides expounds upon learning: “We’re helping businesses make money, become more profitable, and connect with clients, but…at the core of what we do is learning. If you’re a senior professional today, you know that the era of lifelong learning is really upon us. That what you knew last year, or two years or three years ago, about doing your job is obsolete.” He goes on to add, “The only way to stay ahead of things, the only way to stay innovative, the only way to continue to deliver…is to continue to stay innovative. And the way you stay innovative is to continue to learn.”  Highlights from this week’s “Marketing Today” podcast include: Socarides discusses what GLG does. (1:25) From lawyer to White House to Hollywood to marketing: Socarides’ journey has been an interesting one. (5:01)   Showing people what you do: Socarides discusses GLG’s use of video. (13:25) Ideas that promote learning for senior professionals and decision makers. (17:29)   Socarides discusses marketing efforts for B2B microconsulting and learning. (21:03)   Creating content that pops: Develop, refine, and repeat. (23:51) Support the show.

John Borthwick is the Founder & CEO @ Betaworks, the New York-based startup platform combining 3 areas of expertise. They have a studio where they have built products including Giphy, Dots, Bitly and more. They have a fund with prior investments including Tumblr, Medium and Kickstarter. Finally they have a camp, a thematic accelerator program for companies in frontier technology sectors. As for John, Prior to Betaworks, John was an SVP at Time Warner Inc following John's previous company, WP-Studio, being acquired by AOLTW. In Today’s Episode You Will Learn: 1.) How John made his way from AOL and Time Warner to founder of Betaworks? 2.) Why is John skeptical of the traditional VC model? Why does John believe that the market has adapted but the VC model has not? 3.) Why does John believe fund cycles are simply too short, in the same school of thought as Matt Ocko @ Data Collective? What are the problems with this? 4.) How does John evaluate Fred Wilson's post on the consumer downturn? Why does John think we are addicted to short term rapid fire hits? 5.) Why is John not surprised that AI, Bots, VR and AR are being 'labeled a disappointment for the last year? What does he think will be the catalyst for their rise? Items Mentioned In Today’s Show: John’s Fave Book: King Lear As always you can follow Harry, The Twenty Minute VC and John on Twitter here! Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC. X.ai is AI-poweredered personal assistant for scheduling meetings bringing you Amy or Andrew. The assistant you interact with like you would to any other person and it allows you to avoid the tedious hours of email ping pong in order to schedule one meeting. Even better, there is no sign in, no password, no download, all you do is cc amy@x.ai beautiful! And you can check it out now on x.ai it really is a must! Workable is the all-in-one recruiting software for ambitious companies. From posting a job to tracking and managing candidates, Workable provides everything you need to hire better. Transparent communication, organized candidate profiles, structured interviews and a full reporting suite gives hiring teams the information they need to make the best choice. Workable is available for desktop and mobile and you can find out more on workable.com where you can try it for free.

Trading Block: Earnings today before the bell: T-Mobile USA, Inc. Earnings today after the bell: Visa Inc. S&P 500 Skew Unwind Shows Complacency Over Clinton Win: Analysis. TD Ameritrade to buy Scottrade in two-step deal with TD Bank: Read more. Odd Block: Calls trade in Fiat Chrysler Auto (FCAU), puts trade in Time Warner Inc. (TWX), calls and puts trade in CBS Corp. (CBS). Mail Block/QuestionOfTheWeek: Is #Trumpocalypse done? Is $VIX already pricing in @HillaryClinton win? Where will $VIX close on election day? Unchaged (Between 12-14 ) Elevated (15-18) Spike (Over 18) Selloff (Below 12) Listener question: Question from Mark Brant: How do funds get orders routed to floor traders? If OH hosts HFs please discuss, thx. Starting one to run the Big Kahuna and favor OH! Around the Block: Earnings Highlights This Week: Monday - Visa Tuesday - Apple Wednesday - Tesla Thursday - Alphabet, Amazon, Twitter Friday - Exxon Mobil This Week in the Market: Oct 25: Consumer Confidence Oct 26: International Trade, New Home Sales Oct 27: Jobless Claims, Durable Goods Oct 28: GDP, Consumer Sentiment

Trading Block: Earnings today before the bell: T-Mobile USA, Inc. Earnings today after the bell: Visa Inc. S&P 500 Skew Unwind Shows Complacency Over Clinton Win: Analysis. TD Ameritrade to buy Scottrade in two-step deal with TD Bank: Read more. Odd Block: Calls trade in Fiat Chrysler Auto (FCAU), puts trade in Time Warner Inc. (TWX), calls and puts trade in CBS Corp. (CBS). Mail Block/QuestionOfTheWeek: Is #Trumpocalypse done? Is $VIX already pricing in @HillaryClinton win? Where will $VIX close on election day? Unchaged (Between 12-14) Elevated (15-18) Spike (Over 18) Selloff (Below 12) Listener question: Question from Mark Brant: How do funds get orders routed to floor traders? If OH hosts HFs please discuss, thx. Starting one to run the Big Kahuna and favor OH! Around the Block: Earnings Highlights This Week: Monday - Visa Tuesday - Apple Wednesday - Tesla Thursday - Alphabet, Amazon, Twitter Friday - Exxon Mobil This Week in the Market: Oct 25: Consumer Confidence Oct 26: International Trade, New Home Sales Oct 27: Jobless Claims, Durable Goods Oct 28: GDP, Consumer Sentiment

On this week's show, The Wise Investor Group discussed inflation, index, and dollar predictions for 2016. Additionally, they discussed Berkshire Hathaway Inc., Walt Disney Co., Time Warner Inc., and Exxon Mobile Corporation . Join The Wise Investor Group each week as they provide current market commentary and delve into timely investment topics.

Options Oddities 86: EBAY. ODP, TWX   Unusual Activity for December 11, 2014:   Looking for a higher move in eBay Inc. (EBAY) Call stupid trades in Office Depot (ODP) Collecting income in Time Warner Inc. (TWX)

Craig Ellins has a varied and impressive business background. He has spent more than 30 years discovering emerging trends and creating start-ups, from being a pioneer in companies offering 24-hour live shopping networks, to developing one of the internet's first streaming video business opportunities. He has launched new products via domestic and international television direct response advertising, including the successful Pilates Performer, BioFlex, Nature's Vision and the Voit Ab Roller. Ellins has been sought out for strategic planning by well-known companies, including NetCom, AT&T, Time Warner Inc., K-Tel International, Fingerhut Corporation, Guthy-Renker, Simitar Entertainment, and Stamina Products. Most recently, Ellins has been developing technology and trade secrets central to the production of cannabis of the variety and type that will support the legal purposes of cannabis that now exist in various states.Ellins is currently the CEO & Chairman of GrowBLOX Sciences, Inc., (OTCQB: GBLX), a research and biotechnical company which has developed proprietary technology designed to create a consistent cultivation environment for medicinal-grade cannabis and cannabis products that target various indications with significant unmet medical needs. The Company intends to pursue a strategic plan, whereby overtime, will progress into the development and sale of nutraceuticals, cosmeceuticals, medical foods and ultimately, FDA approved pharmaceuticals, all using its proprietary growing technology.Jennie is the founder of Owl's Brew, and of sister company, Brew Lab Tea, which specializes in creating artisan custom tea blends. Previous to starting her own companies, Jennie was the director of the sponsorship division of a boutique marketing firm.Jennie is a graduate of Goldman Sachs' 10,000 Small Businesses program, and a finalist in Daily Candy's Start Small, Go Big Competition. Jennie is a contributor to the Huffington Post's Taste and Healthy Living sections.

Option Block 309: The Big AAPL Earnings Show   Trading Block: Markets reverse most of today's slide late in the session. Lots of index volatility, but not many buyers. VIX coming off later in the session. Big Apple earnings after the bell, and right in Tosaw's crosshairs. The International Securities Exchange (ISE) has not appealed a federal court decision that rejected ISE's attempt in the New York courts to challenge S&P Dow Jones Indices' (SPDJI) rights to control the use of the S&P 500 and the Dow Jones Industrial Average as the basis of index options. Odd Block: Puts trade in iShares MSCI Emerging Markets ETF (EEM), calls trade in Time Warner Inc. (TWX), and calls trade in Mechel OAO (MTL) Xpress Block: Nat Gas and the 10-year very busy on the desk. Apple, MasterCard, Caterpillar, F5 Networks and VIX also very active. Strategy Block: It's fruit day! Tosaw also discusses his current position in the Russell. Around the Block: Apple update, Fed meeting, and President Obama's State of the Union address.

Option Block 309: The Big AAPL Earnings Show Trading Block: Markets reverse most of today's slide late in the session. Lots of index volatility, but not many buyers. VIX coming off later in the session. Big Apple earnings after the bell, and right in Tosaw's crosshairs. The International Securities Exchange (ISE) has not appealed a federal court decision that rejected ISE's attempt in the New York courts to challenge S&P Dow Jones Indices' (SPDJI) rights to control the use of the S&P 500 and the Dow Jones Industrial Average as the basis of index options. Odd Block: Puts trade in iShares MSCI Emerging Markets ETF (EEM), calls trade in Time Warner Inc. (TWX), and calls trade in Mechel OAO (MTL) Xpress Block: Nat Gas and the 10-year very busy on the desk. Apple, MasterCard, Caterpillar, F5 Networks and VIX also very active. Strategy Block: It's fruit day! Tosaw also discusses his current position in the Russell. Around the Block: Apple update, Fed meeting, and President Obama's State of the Union address.

Proxy Fee Advisory Committee Recommendations, Scott, Cutler, EVP, NYSE Euronext, Paul Washington, SVP, Deputy GC and Corporate Secretary, Time Warner Inc.

Corporate Secretaries' Relationship with the Board, TK Kerstetter, President, Corporate Board Member, Paul Washington, SVP, Deputy General Counsel and Secretary, Time Warner Inc.

The productivity of the U.S. non-farm workplace jumped at an annual rate of 4.9% in the third quarter, the fastest growth in four years. Unit labor costs, a key gauge of inflationary pressures from wages, fell at an annual rate of 0.2% in the period between July and September, the lowest in a year. Oil prices stalled in their climb toward $100 a barrel after a government report said oil inventories fell less than expected last week while refinery utilization remained flat. Gasoline inventories fell by 800,000 barrels last week, countering analyst expectations for an increase of 200,000 barrels. Sales generated by U.S. wholesale merchants increased faster than their inventories in September, driving their stockpiles to the lowest level ever in relation to sales. And according to the Mortgage Bankers Association, mortgage application volume fell 1.6 percent during the week ending Nov. 2nd. The MBA's application index fell to 670.6, from 681.7 the previous week.In Forex News Today The U.S. dollar stumbled to new lows after a top Chinese official called for the country to shift more of its huge foreign exchange stockpiles out of the struggling U.S. dollar. The vice chairman of the Standing Committee of the National People's Congress was quoted by wire services as saying China should shift more of its $1.43 trillion of currency reserves into "stronger currencies," such as the euro, to offset "weak" currencies like the dollar. The dollar has been weak over the last few months as the Federal Reserve has slashed interest rates by three-quarters of a percentage point due to the credit crunch. The question in currency markets is now the degree to which China was signaling an official policy change. The European Central Bank is expected to keep its key rate at 4 percent tomorrow, while the Bank of England may hold borrowing costs at 5.75 percent. The euro -- introduced on financial markets in 1999 -- has risen from a low of 82 U.S. cents in October 2000 mainly because of concerns over the enormous U.S. trade and budget deficits and, now, the subprime crisis. It has also increasingly gained acceptance as a foreign currency reserve in the coffers of companies and governments from China to the Middle East.Scheduled Economic Reports (Thursday)Initial Jobless Claims (Week of November 3rd)In Earnings NewsGeneral Motors (GM) posted an overall net loss which amounted to $68.85 per share, compared with a net loss of $147 million, or 26 cents per share, in the third quarter of last year.Toyota's (TM) first-half profit to a company record, and the world's number two automaker raised its forecast for the full fiscal year. Toyota appears to be on track to surpass GM as the world's top automaker for a full year as soon as this year.Time Warner Inc. (TWX) reported a 53 percent decline in net income for the third quarter versus the same period a year ago, when results were boosted by tax and investment gains. The company earned $1.09 billion or 29 cents per share in the quarter.Dollar Thrifty Automotive Group Inc. (DTG) reported third-quarter profit nearly doubled on growth in vehicle rental revenue. Dollar Thrifty earned $11.3 million, or 48 cents per share, compared with $5.9 million, or 24 cents per share, for the same quarter in 2006.Scheduled Earnings Reports (Thursday)Walt Disney Co., Ford, Dean Foods, California Pizza Kitchen, Urban Outfitters, Station Casinos, Ballard Power, Clear Channel Communications, Priceline.com, Public StorageStocks in the NewsBMC Software (BMC) reported second-quarter profit of $78 million, or 39 cents a share, on revenue of $420.7 million.Foster Wheeler Ltd (FWLT) reported third-quarter net income rose 70% and declared a 2-for-1 stock split.W&T Offshore Inc (WTI) third-quarter net income fell 46% to $36.3 million, or 48 cents a share, from $66.7 million, or 91 cents a share, a year earlier.

Supply concerns are mounting and pump prices are already 27 percent higher than a year ago. Today's Stocks & Topics: AT&T Inc. & Time Warner Inc. Merge, GIS - General Mills Inc., Stocks Data, Supply Concerns, 401k, The Federal Reserve System, Risk Assessment, WMT - Walmart Inc., ETFs vs. Stocks, TRXC - TransEnterix Inc., Why Aren't You Rich?, Dividends, IDXG - Interpace Diagnostics Group Inc.Support this podcast at — https://redcircle.com/investtalk-investment-in-stock-market-financial-planning/donations