Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
You're listening to KFI AM six forty wake Up Call
with me Amy King on demand on the iHeartRadio app.
Speaker 2 (00:10):
KFI and KOST HD two, Los Angeles, Orange County.
Speaker 1 (00:16):
It's time for your morning wake up call.
Speaker 3 (00:22):
Here's Amy Ki.
Speaker 1 (00:27):
Good morning. It's five o'clock, straight up. This is your
wake up call for Thursday, July seventeenth. I'm Amy King.
We're live everywhere on the iHeartRadio app. Love when you're
listening on the radio, Love when you're listening on the app.
Listen anywherres Will said before I turned up his microphone.
(00:48):
I guess whose birthday it is today? Who's Disneyland? Happy
seventieth birthday. Disneyland open July seventeenth, nineteen fifty five.
Speaker 4 (00:58):
Have you ever seen that old news footage from the
opening day?
Speaker 1 (01:02):
Yeah, when it was so hot and the asphalt hadn't
quite dried or whatever. It was resticking in the asphalt
and some of the rides that were there on the
opening day are still there. It's cool. I might have
to head down there today. Here's what's ahead on wake
up called. Two fires in Riverside County have merged and
(01:24):
burned more than a thousand acres the fires came together
yesterday afternoon in Iguanga. There are mandatory evacuation orders in
place for some residents. Cal Fire says fires ten percent surrounded.
The Trump administration has pulled all federal funding for California's
high speed rail project. Transportation Secretary Sean Deffi confirmed that
four billion dollars in funding was being canceled after investigators
(01:47):
found the project was in default of terms of its
federal grant awards and lacked the capacity to deliver the
early operating segment by twenty thirty three. Police have arrested
a twenty year old man in connection with the d
of a five year old boy whose body was found
near a dumpster in Panorama City. Police say Greifson Gaddis
is not the boy's father. He was one of five
(02:09):
people taken into custody for questioning. Police say one of
the five people questioned was the boy's parent or guardian.
President Trump's still talking about Jeffrey Epstein. Cafi's White House
correspondent John Decker was in the Oval Office with the
President yesterday. He's going to tell us what Trump had
to say about that and ABC's Crime and Terry analyst
(02:30):
Brad Garrett is going to join us at five actually
in just a couple of minutes to tell us why
this story just won't go away, even though the President
seems too desperately want it to. Think your living space
is cramped. Now there's a growing trend. It's called micro studios,
three hundred square feet of living space. Would you be
(02:51):
willing to live in a micro studio? I think I
have before? You have before? Well, hit us up on
the talkback on the iHeartRadio app. Just click on the
microphone in the upper right and a corner of your
screen and let us know how small is too small
or what's big enough for you. We'll be telling you
more about that coming up before the top of the hour.
Let's get started with some of the stories coming out
of the KFI twenty four hour newsroom. The California High
(03:13):
Speed Rail project just lost billions.
Speaker 2 (03:17):
The Trump administration announced Wednesday that it terminated around four
billion dollars in federal funding for the troubled rail project.
US Transportation Secretary Sean Duffy is also directing the FEDS
to review other grants related to the project, and a
statement Duffy went on to say that federal dollars don't
mean that you have a blank check. The money comes
with a promise to deliver. In California has let the
(03:38):
overdue and over budget project go on for far too long.
Newsom says pulling the money is illegal. Jason Campedonia KFI.
Speaker 1 (03:47):
Newsvinter Newsom has visited Downy Bell and other communities he
says have been impacted by federal immigration enforcement. He says
federal agents have scared people from leaving their homes and
patronizing businesses.
Speaker 5 (03:59):
They're not even walking the streets. We were here, not
just in businesses that are empty. Entire shopping malls empty.
It's summertime. There was no one.
Speaker 1 (04:11):
Newsom also criticized President Trump again for deploying the military
to la. He says the White House wasted hundreds of
millions of dollars on an unneeded operation. The man accused
of killing a former American Idol music a supervisor and
her husband at their home in Encino could be in
court as soon as today. The twenty two year old
is accused of killing Robin Ka and Thomas de Luca
(04:31):
on Thursday, when they apparently returned home and found someone
inside the home. Raymond Boudarian was arrested Tuesday, a day
after the bodies were discovered. Core records show Boudarian was
in jail last year on suspicion of threat, weapons and
battery charges. A judge dismissed cases against him in December
(04:52):
following a mental health evaluation. The core record show he
was placed in a Conservative ship and released from jail.
It's not clear how that might affect the current case.
La County voter's approval of a ballot measure last November
accidentally repealed a different measure that was approved in twenty twenty.
Speaker 4 (05:09):
The La County Board of Supervisors has directed county staff
to figure out how to fix it now that the
approval of Measure G, expanding the board from five members
to nine, somehow got rid of Measure J, approved by
voters in twenty twenty. Supervisor Lindsay Horbeth says it's the
county's fault.
Speaker 1 (05:23):
I know it's kept many of you up at night.
Speaker 6 (05:25):
This is a colossal fiasco and we will fix it.
Speaker 4 (05:30):
Measure J required ten percent of the county's unrestricted funds
be used for jail diversion and social justice programs. Measure
G updated the County Charter and deleted it. Michael Monks
KFI News.
Speaker 1 (05:41):
Don't Mess with Mickey. The Walt Disney Company assued a
jewelry company, claiming it has been marketing counterfeit Mickey Mouse
jewelry online. Disney says the Hong Kong based company says rings, necklaces,
and earrings under the name Mickey nineteen twenty eight collection
in violation of Disney trademarks, and that the company describes
the jewelry as ideal for Disney enthusiasts. Let's say good
(06:03):
morning now to ABC's crime and terrorism analyst Brad Garrett
in DC Morning.
Speaker 7 (06:09):
Brad, Good morning Amy.
Speaker 1 (06:11):
Okay, so people have been saying on the news shows
all week that the Jeffrey Epstein Epstein issue isn't going away.
Do you think that's true.
Speaker 7 (06:22):
I think there's a little doubt that it's going away,
and it seems to get heated more amy each day,
and I think largely driven by actions and comments, you know,
by President Trump's administration. And it looks like to me
that some of his followers are now digging in that
(06:43):
he's not actually being forthcoming or truthful.
Speaker 1 (06:49):
And why do we think that is? Because before he
was saying, hey, let's get it out there, and now
he's saying nothing to see here. So what has changed.
Speaker 7 (07:00):
What has changed is exactly what you just said. That
for literally years he's talked about the Epstein case and
that there is information in those files that need to
get out of the public, you know, the inference being
that there may be well known, famous people discussed in
those files, which I think is probably true. And then
(07:24):
all of a sudden has the Attorney General, who also
stoked the fire early on, like maybe even in February,
shortly after she got in office about the Epstein files,
inferring there was a client list, but that there was
some you know, real information that the public would like
to see, and then she reverses course. And so I
(07:46):
think it's the combination of all that. And the other
aspect was is sort of something that's difficult to measuring.
He is that this case, you know, like any case
that involves the sexual exploitation of underage kids, is the
really emotional issue, and rightly so for virtually all of us.
(08:06):
And so I think it's a combination of that. This
case emotionally hooks a lot of people, and it's sort
of a fire that seems to be starting to burn
somewhat out of control.
Speaker 1 (08:20):
Okay, And when you say it's a fire burning out
of control, it's not only Republican lawmakers and like mega
faithful that are really kind of hot under the collar
about this. A lot of people are looking for information
about it.
Speaker 7 (08:34):
There is no doubt. I mean, if you look at
the searches of the Epstein files, it's in the millions.
So it really has caught people's attention. And again, I
think a lot of this is just driven by the
administration changing their minds. Now that's also behaviorally fascinating from
(08:56):
my perspective, and that obviously there is stuff in those
files that they just definitely do not want to see
the light of day.
Speaker 1 (09:04):
Well, and I think the interesting thing about that is,
and tell me what you think about this, Brad, because
again it was the Democrats before Trump took over. Again,
the Democrats were like saying, nothing to see here, and
Trump was saying, let's let it all out. Well, he's
had access to these files for a while now, so
why change it now? Like what what new has? Like
(09:27):
did somebody just go, oh crap, look at what's in there?
You know, that's that's what's so interesting to me.
Speaker 7 (09:35):
Okay, so I think what you have and then this
is just a guess on my part, but I think
it's a pretty logical one is that nobody did a
super deep dive. Now, let's let's face it, that files
is going to be really big, and so whether it
was Bongino or somebody else that works for Bonde literally
(09:55):
went through them and they found stuff that super concerned them.
And I'm only again going to guess because it implicates
the president or makes allegations of the president in those files,
because I don't know why else unless there's somebody else,
some famous person mentioned in there that's you know, a
(10:19):
starch or you know, supporter of President Trump.
Speaker 2 (10:24):
We'll have to see.
Speaker 7 (10:25):
But there's something obviously in those files that they are
totally dug into, not released now, and unfortunately for them,
that even makes this a bigger story.
Speaker 1 (10:38):
The intrigue. The intrigue, We'll have to wait and see.
ABC's Crime and Terry analyst Brad Garrett, thanks so much
for the information.
Speaker 7 (10:45):
As always, you're welcome to thank erin.
Speaker 1 (10:47):
All right, talk to you soon. Let's get back to
some of the stories coming out of the KFI twenty
four hour newsroom. The Trump administration has asked a federal
appeals court in Pasadena to overturn a lower courts order
preserving temporary detected status for more than three hundred and
fifty thousand people from Venezuela. Department of Homeland Security Secretary
Christy Nome tried to end the protections just days after
(11:09):
taking office in January, but a federal judge put her
decision on hold. A new law reclassifying fentinyl as a
Schedule one drug has been signed by President Trump. During
a signing ceremony at the White House, Trump says the
deadly drug has become a bigger problem in recent years.
Speaker 8 (11:26):
This is one hundred times more potent, and it's happening stronger, stronger,
more and more and more and more dangerous.
Speaker 1 (11:36):
The Halt All Lethal Trafficking of Fentanyl Act was recently
passed by Congress. The legislation lengthens and strengthens prison sentences
for traffickers of fentanyl. Families that have been impacted by
the fentinyl crisis attended the signing ceremony. A magnitude seven
point three earthquake off Alaska's southern coast has triggered a
tsunami warning. ABC's Alex Stone said the quake yesterday afternoon
(12:00):
was over fifty miles from Sandpoint, Alaska.
Speaker 9 (12:02):
People in towns in the region were told to get
to higher ground in case of a tsunami. Jody Stevens
is an Alaska native now living in Oregon who is
in Seward for her high school reunion.
Speaker 10 (12:12):
We evacuated up the hill, and about the time we
got to the top of the you know, evacuation zone,
the all clear sign came on.
Speaker 11 (12:22):
She says.
Speaker 1 (12:23):
Everything pretty much went back to normal after that. There
was no immediate report of significant damage. A sixty one
year old man has been struck and killed by lightning
in New Jersey. The bolt of lightning hit at an
archery range in Jackson Township just after seven o'clock last night.
Thirteen others were hurt, including a seven year old. Officials
(12:43):
say one person lost consciousness. Others have burns. New York
Democratic Congresswoman Alexandria Okazio Cortes has hosted a meet and
greet in Washington for New York mayor want to be
zoron Mamdani.
Speaker 9 (12:57):
The tendees included locals who have already endorsed Mom Donnie,
including Jerry Nadler and Nidia of Alasquez, and others from
across the party. Concerns about the Democratic Socialist were eased
by AOC. California Congressman Mark Takano told The Hill that
AOC told them that to voters under forty, the word
socialism now means battling corruption and fighting for workers. Andrew Whitman,
(13:22):
NBC News Radio, New York.
Speaker 1 (13:25):
A new study has found no link between health issues
and traces of aluminum in vaccines.
Speaker 11 (13:31):
Researchers in Denmark analyzed health data from over a million
children born over a twenty four year period and found
no connection between small amounts of aluminum in vaccines and
health conditions, including asthma, allergies, and autism. Small amounts of
aluminum are added to vaccines to help protective immune responses.
The findings, published this week contradict claims by Health Secretary
Robert F. Kennedy Junior, who claimed last year that aluminum
(13:54):
in vaccines was extremely neurotoxic. Mark Ronner KFI News.
Speaker 1 (13:59):
Blood supplies they're running low across the US. Nearly twenty
percent of blood centers in the West report just a
one day supply or less. That's according to America's blood centers.
In northern California, the Stanford Blood Center is facing a
critical blood shortage with only a few days supply.
Speaker 4 (14:15):
We are in need of every blood type, but critically
low right now is O types and A type.
Speaker 1 (14:22):
The director of Donor Services, Renee Gibson, says the shortage
is due to increased demand from recent surgeries, traditional slowdown
in donations during the summer, and their South Bay Donor
Center being closed for repairs. Real estate investors from China
make up the largest group of foreign buyers of residential
property in California. The National Association of realter says Chinese
(14:45):
clients purchased nearly fourteen billion dollars worth of homes in
the US between April of twenty twenty four and March
of this year. That's an eighty three percent jump from
the year before. California tops the list of states with
thirty six percent of all risks sidential transactions completed by
Chinese nationals. That's more than any other foreign group. A
(15:06):
man in Brentwood has been arrested for allegedly impersonating a
firefighter during the wildfire and Pacific Palisades in January. The
FBI and ATF swarmed the home yesterday, arrested the guy
and tote a firetruck from his home. Official say he's
facing at least a dozen charges. San Diego assembly Member
Carl Demayo and another Republican have introduced a voter ID
(15:29):
measure for the twenty twenty six ballot. It would include
checking citizenship and requiring ID at polling locations. Mail in
voters would have to provide the last four digits of
their social California is one of fourteen states and DC
that do not require voter ID. Dodgers Superstar Show Hey
Otani has been named Best Major League Baseball Player at
(15:51):
the SBA Awards. The ceremony at the Doby Theater last
night honored to top athletes and sports moments of the year.
Caitlin Clark was named the Best WNBA Player. Let's say
good morning to kfi's White House correspondent John Decker. John,
we were just talking about the Epstein files with ABC's
Brad Garrett and why they won't go away. So you
(16:13):
were in the Oval with the President yesterday. What's he
saying about what he would like to see happen with
all of this.
Speaker 3 (16:20):
Well, what the President says is that this issue regarding
release of files related to the convicted sex predator Jeffrey Epstein,
that's all up to the Attorney General, Pam Bondi. He's
leaving it to her. But she's been very firm that
there will not be any release of any documents, any
files related to a DOJ investigation into Jeffrey Epstein. And
(16:43):
as you know, Amy, this has really divided some very
prominent members of the President's Republican base. You know, people
like Senator Josh Hawley, Republican senator from Missouri, Marjorie Taylor Green,
Republican congresswoman from Georgia, Michael Flynn. Do you remember Michael Flynn, Amy,
He was the President's first national security advisor in his
(17:05):
first administration. President even pardoned Michael Flynn. Yeah, exactly. He too,
is joining those prominent Republicans and calling for the release
of those files related to Jeffrey Epstein. This issue. For
whatever reason, this particular issue does not appear to be
going away, okay.
Speaker 1 (17:24):
And then Jerome Powell is also on the President's radar
big time. Because Trump wants interest rate cuts. Powell's not
cutting them. Is the President still saying he's not planning
to fire him, because there was a lot of rumblings yesterday.
Speaker 3 (17:40):
Yeah, that's right, a lot of rumblings yesterday. And that
was after a series of questions that I asked the
President just the day before. I asked the President, when
was the last time you met with Jerome Powell and
what did they discuss? And the President told me he
met with him in the Oval Office a few weeks ago.
He told Jerome Powell, according to the President, that he's
not doing a very good job. And then, Amy, I
(18:01):
asked the President a question I wanted to see his reaction.
I asked the President this question. I said, do you
plan to nominate Jerome Palell to another four year term?
And he shot me a look and then he gave
me a forward answer. He said, are you kidding me?
And so I think that tells you everything. Amy, I
think that tells you this idea that the President is
(18:23):
dissatisfied with Jerome Powell for the reasons that you just mentioned.
But yesterday he said he has no intention of firing him.
I think the President really has focused on May of
next year. That's when Jerome Pal's term ends, and the
President said yesterday that he already has several candidates in
mind in terms of who will replace Jerome Palell, including
the President's chief economic advisor, Kevin hasse it Well.
Speaker 1 (18:46):
And I wonder if he's also hoping that Powell might
just get tired of the attacks and being sat down
in the Oval and being told you're not doing a
good job, and might just quit.
Speaker 3 (18:57):
I don't think that's happening. Pal has said and publicly
he is staying in the job. He's going to serve
out his term until the final day in May of
next year, so he's not going anywhere. And the President
yesterday raised this idea of perhaps fraud that would be
the reason to remove Jerome Powell, the idea of cost
(19:17):
overruns over at the FED for a building project that
they have and hitting that on Jerome Powell. I think
that's a stretch. I think the President for the most part,
really is stuck with Jerome Powell, the FED Share the person,
by the ways, should be mentioned, he nominated him to
be FED Share in the first place, that was in
the first term, and now that choice is coming back
(19:40):
to haunt him.
Speaker 1 (19:41):
I think Trump's doing a lot of stuff different in
his second term than his first term. So interesting to
watch read it. Yeah, I just think he went in and,
like we saw with the first administration, is making changes
right and left and that kind of stuff because I
think he didn't know how Washington worked. He has a
better idea of it now.
Speaker 3 (19:59):
I agree with you, absolutely he does. He understands how
this town works. He understands the power that he has,
the enhanced power that he has, in part thanks to
some decisions by the US Supreme Court.
Speaker 1 (20:11):
All Right, kfi's White House correspondent John Decker in the
room with the President. We appreciate all the information.
Speaker 3 (20:16):
Have a great day, thanks Amy. All Right.
Speaker 1 (20:17):
A twenty year old man has been arrested for the
murder of a five year old boy whose body was
found near a dumpster in Panorama City. The boy's grandfather,
Troy Hearn, Sr. Says Brex And Gaddis is the mom's
ex boyfriend.
Speaker 9 (20:30):
I know he did it because he was He wanted
to do it for he wanted her, her and them
from the longest and I'm I'm just sorry that I
didn't do anything before.
Speaker 1 (20:40):
The body of Elijah Hearn was found Saturday morning, five
people were taken in for questioning. Police say a second
person has been arrested on unrelated charges. For the first
time in years, LA County jails are handing inmates over
to ICE.
Speaker 10 (20:53):
The lasd is using a legal method not blocked by
local sanctuary policies. The department's records show eight inmates were
released to ICE in May, followed by twelve more in June.
Eleven are Mexican, six are Guatemalan, and one each is
from Columbia, El Salvador and Honduras. Before this, the Sheriff's
department had not transferred inmates to ICE since early twenty twenty.
(21:14):
I'm Daniel Martindale.
Speaker 1 (21:15):
Protests against the Trump administration are planned across the country today.
The day of action and protest is being called Good
Trouble in honor of the late Congressman and civil rights
activist John Lewis. He died on this date in twenty twenty.
Thousands of people are expected to hit the streets and
places like d C, Los Angeles, Chicago, New York, Philadelphia,
(21:36):
and Phoenix. Three teenagers have been hurt in a shooting
in Northridge. The sixteen and seventeen year old boys were
shot last night on Wilbur Avenue near Parthenia. They were
taken to the hospital in stable condition. Witnesses told police
that somebody approached the teens and shot at them several
times before running off. A high profile prosecutor in LA
(21:56):
wants to be removed as a defendant in a pair
of loss suits by lawyers assigned to the Menendez Brothers
resentencing cases.
Speaker 12 (22:04):
The lawsuit alleges the two prosecutors were wrongfully demoted for
supporting the recenancing of the Menendez brothers. The defendants are
current DA Nathan Hawkman and the prosecutor who filed the
dismissal motion, John Lewin. The allegations include whistleblower retaliation, discrimination, harassment,
infliction of emotional distress, and violations of the state Labor Code,
(22:25):
as well as defamation. Lewin is seeking to have all
the allegations against him dismissed. Aileen Gonzalez k if I News,
you can mess the flowers. I sit for hours.
Speaker 1 (22:39):
The iconic singer who was one of the best selling
artists of all time has died. A close friend has
confirmed Connie Francis died last night, two weeks after she
was taken to the hospital in extreme pain. Francis sold
millions of records in the fifties and sixties with hits
like Who's Sorry Now and Where the Boys Are. She
was the first woman to have an number one hit
(23:00):
on the Billboard Hot one hundred with Everybody's Somebody's Fool.
Francis made it to the Spotify charts this year thanks
to a TikTok trend using her nineteen sixty two song
Pretty Little Baby. Connie Francis was eighty seven. Jesus Sorry,
(23:22):
That's gonna be on your brain all day. Well, the
celebration has already started, but today is the day Disneyland
turned seventy. The anniversary being marked in two special ways.
One is a show at Disneyland's Main Street Opera House
that features the first audio animatronics figure of Walt Disney,
and the Main Street Cinema is showing The Last Verse,
(23:45):
which is a three and a half minute film tribute
to the songwriting Sherman Brothers, which includes a new verse
to It's a Small World. It was created for the
song's sixtieth anniversary last year. Come on, it's cute, I
will have to say. And I might even check this
out today if I head down to the park because
I might. But the animatronic, I'm a little hesitant about
(24:09):
that because it doesn't look like wells saw the video.
Speaker 11 (24:11):
It's weird looking.
Speaker 1 (24:12):
Yeah, And they did such a good They did such
a great job with Abraham Lincoln.
Speaker 4 (24:17):
Because we all remember what he loved well.
Speaker 1 (24:20):
But I mean, you've seen pictures of Abraham Lincoln. Looks
like him, and this doesn't look like Walt sounds like him,
doesn't look like him. Blood supplies dangerously low in the West.
America's Blood Center says there's just a one day or
less supply in twenty percent of the blood centers in
the West. Stanford Blood Center's Director of Donor Services, Renee Gibson,
(24:40):
says the shortage is due to increased demand from recent
surgeries and a traditional slowdown in donations during the summer months.
The Trump administration has asked a federal appeals court in
Pasadena to overturn a lower court's order that preserves temporary
protected status for more than three hundred and fifty thousand
Venezuelan immigrants, including a woman from Culver City who says
(25:04):
they can't safely return to Venezuela. It's beautiful and sunny
and kind of a perfect day to go to the beach,
but don't go in the water. LA County Department of
Public House says beachgoers should stay out of ocean waters
at nine beaches because of high bacteria levels. The beaches
include will Rogers State Beach, Mother's Beach to Penga Canyon Beach,
(25:24):
and the Santa Monica Pier. Signs are posted at beaches
that are affected by it. At six oh five, it's
Handle on the news. Trump attacks his own in the
Oval office, talking about the Jeffrey Epstein files. Handle's going
to have a thing or two to say about that.
(25:44):
Let's get back to some of the stories coming out
of the KFI twenty four hour newsroom. LA County Public
Works says there are temporary options for people and businesses
in the county affected by the garbage strike. Customers of
Republic Services in more than twenty communities across the county
can drop off trash in strategically located dumpsters or at
(26:05):
Republic Services facilities. Residential customers are also being advised to
leave their trash on the curb until it gets picked up.
California and nineteen other states have sued the Trump administration
over a plan to end FEMA's Building Resilient, Infrastructure and
Community's Grant program. I love how all of these things
have such long names. It's known as brick ah much better.
(26:28):
Attorney General Rob Bontis's places across California could lose out
on funding to help mitigate natural disasters like landslides in
Rancho Palace verdies a.
Speaker 13 (26:37):
Major roads, sewer lines, electric and communication lines, and water
and gas lines. Without this funding, the landslides will threaten infrastructure, homes, property,
and yes lives.
Speaker 1 (26:48):
Bonta says, the Brick grant program is always enjoyed bipartisan support.
It was approved by the House with only two members
voting against it and one unanimous approval in the Senate,
before being signed into law by present than Clinton. Massive
apartment buildings could be popping up around California.
Speaker 2 (27:04):
A bill aimed at increasing the number of multi family
dwellings is making its way through the legislature. It calls
for the construction of buildings between four and nine stories
tall near certain high frequency bus stations, trains, and ferry stops.
The author, State Senator Scott Wiener from San Francisco, says
having people live near mass transit will increase ridership. Critics
say the bill allows the transit agencies to become de
(27:27):
facto land developers. The bills currently stuck in committee hearings.
Jason Campedonia KFI News.
Speaker 1 (27:33):
President Trump says the Coca Cola companies agreed to use
real cane sugar in the coke sold in the US
instead of high fruitose corn syrup. They already do it
in other countries, like in Mexico and Australia. The Coca
Cola Company has promised more details would be shared soon.
The Corn Refiners Association says replacing high fruitose corn syrup
(27:54):
with cane sugar doesn't make sense. They say it would
cost thousands of American food mana manufacturing jobs, it would
depress farm income and boost imports of foreign sugar, all
with no nutritional benefit. Time to get in your business
right now, with our very own Courtney Donaho from Bloomberg Morning. Courtney,
(28:16):
Good morning, Thursday.
Speaker 7 (28:18):
Happy.
Speaker 6 (28:18):
I was actually thinking it was Wednesday. There a second,
it's been such a busy week. Oh no, this week
flying by, flying by exactly.
Speaker 1 (28:25):
So we were just talking about the corn refiners and
they're not happy about Coca Cola switching over to cane
sugar and that that might affect jobs. Well, there's another
retailer who says it's affected. It's got jobs affected.
Speaker 6 (28:41):
Oh yeah, and we're seeing a rollback when it comes
to jobs at Walmart known for that, Yeah, exactly. But
they're laying off hundreds of store support and training workers.
So they're cutting something that they call the market coordinator job,
and that person supports store managers in administrative, financial, and
operational tasks. It's also eliminating some coaches who train store employees.
Speaker 1 (29:04):
Walmart for some.
Speaker 6 (29:05):
Time has been trying to undergo a reorganization in effort
to make its large workforce more efficient, So this isn't
the first time.
Speaker 1 (29:13):
They already cut jobs.
Speaker 6 (29:14):
Earlier this year, they're trying to coordinate its headquarters and
where people report. They asked workers to relocate to its
headquarters in Arkansas or to go to California. But you
have to remember Walmart is the biggest private employer in
the country. Huge amount of numbers of people work for
work for Walmart.
Speaker 1 (29:34):
I think it's interesting that they're cutting like training. You
would think that you would want your employees to be
trained so they can be efficient, yes.
Speaker 6 (29:43):
But it seems like what they're trying to do is
invest slightly more within the stores and take.
Speaker 1 (29:49):
Out layers of middle managers.
Speaker 6 (29:52):
I think what they're trying to do is maybe hope
that their managers are going to be doing this sort
of training. And that's what we're seeing within Walmart. It's
just cutting that layer of middle management. And it's happening
all over not only a Walmart, but it's happening in
another a number of companies all around the country.
Speaker 1 (30:10):
Okay, so there was a deal between a couple of
convenience stores, but that's fallen apart. Yeah, no celebrity for you.
Speaker 6 (30:18):
Today, a parent company of Circle K convenience stores all
over the country, they're walking away from their bid to
buy the Japanese business that owns seven to eleven. Not
many people realize that it's a Japanese company called seven
and I that owns seven eleven. So Canada's Kushtard, which
owned Circle K, has abandoned its forty six billion.
Speaker 1 (30:38):
Dollar proposal to buy Seven and I.
Speaker 6 (30:40):
Kushtard is blaming Seven and I's quote calculated campaign of
delay for ending this pursuit that's been going on for
about a year now. We've been hearing all the saga
about this, but if the deal went through, it would
have been the biggest ever foreign takeover of a Japanese company.
Speaker 1 (30:56):
So we're saying cyanari to that deal. A ha. According
to a side question for you on that, like, as
far as business wise financially, do these kinds of mergers
do they affect us directly? Oh?
Speaker 6 (31:09):
Yes, Well, first of all, it affects us because in
a lot of cases, they look for where they have
stores very close to each other, and they usually end
up trying to eliminate one of them, like, for example,
like you can't have well, which sometimes does happen here
in New York.
Speaker 1 (31:25):
You have a Starbucks across.
Speaker 6 (31:26):
From a Starbucks, but you kind of don't want a
seven eleven across from a seven eleven. So it ends
up affecting employees, it ends up affecting stores, and when
there's people looking for jobs and less money in the economy,
less money being moved, that also weighs. As we see
on the jobs report, it weighs on the economy overall.
So yes, any time any of these mergers, they look
(31:48):
for efficiencies, like what we talked about with Walmart earlier,
and they try to make the business as efficient as
possible and usually, unfortunately that means a loss of jobs.
Speaker 1 (31:59):
Okays, movie theaters mounting a battle against Imax is that
one of their own.
Speaker 6 (32:05):
Well not necessarily, no Imax is separate, but sources are
telling us that some of the largest chains we're talking
about Cinema and Regal non AMC, which is the biggest chain,
they're holding preliminary talks about launching a new large screen
brand that would challenge IMAX because Imax is its own
separate company, and what they do is they pay Imax
(32:27):
to be able to have the technology. But the theaters
have been pretty alarmed about the growing presence of IMAX.
It's on a fraction of the screens nationwide but consistently
generates more than ten percent.
Speaker 1 (32:38):
Of the box office for blockbusters.
Speaker 6 (32:41):
But displacing Imax that's going to be a huge order
because the company has spent half a century. Right now
we're finding its technology, building its brands. So that's why
it's going to be very tough to be able to
mount this battle against Imax.
Speaker 1 (32:55):
Okay, then Pepsi, we were talking about coke earlier. Let's
talk about Pepsi. Now we've got some profits looking good.
Speaker 6 (33:02):
Yeah, they're seeing a pop from their international business. The
company that owns everything from Gatorade, Lipped and Tea, freedomly
Quaker Oats, and of course, Pepsi reported sales at top
to Wall Street expectations, specifically citing its business abroad. Now,
the company says its financial outlook has improved because of
the weakening US dollar. The dollar has been sliding for
(33:23):
some time, but keep in mind a weaker dollar makes
Pepsi's products cheaper for foreign customers, and this could potentially
increase demand. And by the way, Pepsi executives have said
recently that they were looking to offer a greater variety
of price points to entice penny pinching shoppers.
Speaker 1 (33:39):
Okay, how are the markets looking today, Courtney, Well.
Speaker 6 (33:42):
One thing I want to mention is today is the
seventieth anniversary of the opening of Disneyland.
Speaker 1 (33:47):
Oh yeah, we've been talking about it.
Speaker 6 (33:49):
Yeah, So to mark the occasion, this morning, Disney CEO
Bob Eiger is going to be bringing the opening bella
to New York Stock Exchange remotely from Disneyland. So a
lot of people are going to be watching that and
the markets are a lock calmer today. Yesterday we had
so much drama about the feet of Federal Reserve Chair J.
Speaker 1 (34:07):
Powell.
Speaker 6 (34:07):
So President Trump said he had no plans to fire Powell,
which actually calmed the markets.
Speaker 1 (34:14):
It looks like the President was trying.
Speaker 6 (34:17):
To test the market reaction to what would happen if
he ended up firing J.
Speaker 1 (34:21):
Powell.
Speaker 6 (34:22):
So yesterday we did see when he calmed the markets down.
The Dow rose two hundred and thirty one points of
Right now, SMP futures and they're a little changed.
Speaker 1 (34:31):
All right, Getting in your business like we do every
day with Bloomberg's Courtney donaha, thanks Courtney, I'll see you later,
all right. LA County jails are handing inmates over to ice.
The County Sheriff's Department has resumed the practice for the
first time in several years. LA Sheriff's Apartment is using
a legal method not blocked by local sanctuary policies. The
(34:51):
department's records show eight inmates were released to ICE in May,
followed by twelve more in June. A twenty year old
man's been arrested on suspicion of murder in connection the
five year old boy's death. The child's body was found
near a dumpster over the weekend in Panorama City. Police
say Bryson Gaddis, who was arrested yesterday, is being held
on two million dollars bail. Police say one of the
(35:14):
five people brought in for questioning was the child's parent
or garden guardian, but Gaddis is not the boy's father.
Don't mess with Mickey the whilet Disney Company issued a
jewelry company based out of Hong Kong, claiming it's been
marketing counterfeit Mickey Mouse Jewelry online. Disney says the company
selling rings, necklaces, and earrings under the name Mickey nineteen
(35:37):
twenty eight Collection in violation of Disney trademarks, and that
the company describes the jewelry as ideal for Disney enthusiasts.
We're just minutes away from handle on the news this morning,
the Manhattan prosecutor who was handling the Jeffrey Epstein case fired.
Bill's going to tell you all about that, Okay. So
(36:00):
we were mentioning tiny homes, and when I was home
in Medford during vacation, hanging out with my mother, and
she loves that show Tiny Homes and it's sort of
like having a trailer, but it looks like a house
and they're tiny. And then the other show that she
has discovered that she absolutely loves is I can't remember
(36:20):
the name of it, but it's about tiny apartments in
New York City, and like the host of the show
will go into these apartments and talk to the people
who live in their little closets, and he'll put his
arms out and go, I can touch both walls of
your apartment when I reach out my arms, so it's
like six or seven feet across. And some of these
homes are like one hundred square feet or one hundred
(36:42):
and fifty square feet and I'm like, ah, that literally
would be like living in a walk in closet. But
apparently this is really becoming a thing, and it's called
micro's studios, and there's a developer up in the Bay
Area that is building these micro studios. They average about
(37:04):
three hundred square feet, that's smaller than a hotel room.
And this guy, he's Oakland based, says that it's a
way to provide affordability by design. But even for a
three hundred square foot apartment up in the Bay Area,
it's like seventeen hundred dollars or something.
Speaker 4 (37:23):
See, that's the thing.
Speaker 11 (37:25):
If you're going to sacrifice space, you should be able
to pay a little less.
Speaker 8 (37:28):
I mean.
Speaker 1 (37:30):
Yeah. And in some of the apartments in New York
they didn't even have bathrooms, like you had to have
a shared bathroom, like a dorm room or something. And
then some of the ones that this guy in Oakland
is making, they don't have ovens. They just have like
a two electric burners. There was one that I saw
(37:50):
that they literally didn't have anything like that and they
had to bring the burner down off the shelf. It
was just like a hot plate. Yeah, and they have
like mini fridges. I mean, it's just crazy. And I'm wondering, like,
can you do that? Is that what we're all headed to?
Speaker 11 (38:07):
I mean that used to be the thing if you
were just starting out in life, first place, out of
your parents' house type of thing.
Speaker 1 (38:13):
But not for seventeen hundred. Not for seventeen hundred. I
just think that that's a lot. Okay, So we asked
you to weigh in on talkback and you know, what
is too small? Would you be willing to do that?
And let's see if I can play this I'm not
sure if I've done it right, but we'll try. Is
that coming out over there?
Speaker 7 (38:34):
I don't hear anything.
Speaker 1 (38:37):
Okay. Well, then we had a very nice lady call.
She said she lives in a micro studio. She has
a micro dog, she owns her own business, so she's
there most of the time, and she gets to live
by the beach, so it works for her. Well, that works.
That kind of makes sense, right, Okay. Well, here's what
another one said.
Speaker 14 (38:55):
You're making my blood boil with your reports on foreign
investments and the housing crisis and these small homes. It's
happening because we're allowing our homes to be purchased by investors,
turning every single one of these homes into rental properties.
Speaker 11 (39:13):
We can't afford this.
Speaker 14 (39:14):
We need to let people own properties so they can
benefit from the appreciation, not to have a go of
to offshore accounts.
Speaker 1 (39:24):
We don't disagree with you. And we've had a couple
of stories just this morning that a lot of the
properties being sold are being bought up by Chinese nationals.
And then we also had a story about how they're
trying to approve more like mass high rise, low income
building and that kind of stuff. I would love to
see more people be able to own. It's just can
(39:46):
you so get used to your closets? So you know what,
if you have a big house, go stand in your
closet and go, this could be my.
Speaker 4 (39:53):
Living space we're rented out maybe.
Speaker 1 (39:55):
Or you could rent out your closet. There's a heck
of an idea. All right, let's get back to some
of the stories coming out of the KFI twenty four
hour newsroom. Two Republican lawmakers in California have filed the
California Voter ID Initiative and now need to collect a
million signatures to get it on the ballot. Assembly Member
Carl Demayo says he wants a measure on the twenty
twenty six ballot mandating voter ID and proof of citizenship.
Speaker 12 (40:18):
We do not want to make it harder to vote.
Speaker 8 (40:19):
In fact, our initiative makes it easier to vote because
it streamlines the process to verify someone's identity.
Speaker 1 (40:29):
The proposal includes checking citizenship during voter registration and requiring
ID at polling places. Mail in voters would have to
provide the last four digits of a government issued IDA
like a social Security number. California one of fourteen states
and the District of Columbia that do not require voter ID.
Governor Newsom has posted a video on his ex account
(40:49):
saying that California could redraw its congressional districts to fight
what he calls rigging. In Texas, the state legislature in
that state is said to redraw its districts in a
special session next week.
Speaker 5 (41:00):
We could do a special session. I can call from
one today if I chose to. We can then put
something on the ballot and I could call special election.
We could change the constitution with the consent of the voters,
and I think we will win that. I think people
understand what's at stake in California.
Speaker 1 (41:13):
The Justice Department has determined that four Democrat held seats
in Texas have been illegally racially gerrymandered. Newsom says Republicans
have per looked for new maps because they can't compete fairly.
Governor Newsom has a gun. He was given a pistol
from conservative podcaster Sean Ryan during an episode of The
(41:35):
Sean Ryan Show podcast. Ryan told the governor the gun
complies with California state laws. Newsom said, he is, as
he put it, not anti gun at all, and he
said he was raised in household with guns. This would
be the first gun registered in Newsom's name. The governor
says he is an advocate for guns safety common sense
and reiterated his support for California's strict gun laws. Dodgers
(41:59):
Super Star Show Hey Otani has been named the Best
Major League Baseball Player at the SP's. The ceremony at
the Adoby Theater last night honored the top athletes and
sports moments of the year. Shay Gilgis, Alexander and Simone
Biles were named best male and female athletes at the SP's.
(42:19):
Gilgis Alexander led the Oklahoma City Thunder to an NBA
title last month. He was also named League MVP. Biles,
of course, an eleven time Olympic medalist. She won for
her stand up performance at the Paris Olympic Games, earning
three golds and a silver. Like we didn't already know, sho,
Hey Otani, this is best. Come on. This is KFI
(42:41):
and KOSTHD two Los Angeles, Orange County live from the
KFI twenty four hour Newsroom. I'm Amy King. This has
been your wake up call and if you missed any
wake Up Call. You can listen any time on the
iHeartRadio app. You've been listening to Wake Up Call with
me Amy King. You can always hear Wake Up Call
five to six am Monday through Friday on KFI Am
six forty and anytime on demand on the iHeartRadio app