s and the pride they have in our school. when we place an order, i know they got our back, so we can focus on the kids. - [narrator] custom ink has hundreds of products to make you look and feel like a team. upload your logo, or start your design today, ♪ reporter: coming up on bloomberg best, the stories that shaped the weekend business around the world. >> parliament is on the brink of reckoning any deal. >> there is no sense. reporter: u.k. lawmakers vote to stop and stop the snap elections. >> the poison of a no deal. >> gone from some big sublime to utterly ridiculous. reporter: a new round of tariffsreporter: as the u.s. and china prepare for another round of trade talks. it is a sharp acceleration

in the terms of the two sides. >> neither side wants to be the one that walks away from these talks. reporter: hong kong drops and unpopular law but unrest continues. >> you can see the level that has been built up. reporter: argentina's debt crisisreporter: deepens. >> they have to do something to contain the flow of dollars out. reporter: the fed more food -- given more food for thought. >> a strong correlation with>> the session ahead. >> not a great report, it is decent. >> we want to remove obstacles to economic growth. reporter: the top interviews on topics from trade to race. >> these give us reason to double down our efforts. >> low interest rates have significant effects on turnover. >> we have the fundamentals right to deal with a slowing bubble economy. reporter: it is all straight ahead on bloomberg best. ♪

hello and welcome. i am kailey leinz. this is bloomberg best, your most important analysis and interviews from bloomberg television and around the world. let's start with a day by day look at the top headlines. the week again with the u.s. and china entering a new phase of the trade war with terrorists imposed by -- tariffs imposed by both sides kicking off sunday. on $110s. tariffs billion on chinese imports are now in effect. china will retaliate. president trump trade talks in washington this month are still on. mr. trump: we will see what happens but we can't expect china to rip us off anymore. we can't allow china to take $500 billion a year out of our country.

paul: this is a sharp acceleration in terms of the tit-for-tat tariffs. we saw the u.s. side putting 15% tariffs on $110 billion of chinese imports including shoes and textiles and technology components like the apple watch as well. the next round of tariffs for the u.s. side will be on december 15, targeting $160 billion worth of chinese imports and you have got all of china's imports into the u.s. market hit by terrorists. like put tariffs on things soybeans, beef, chicken and they 15, impose them on december u.s. autos as well. $65 billion worth of u.s. imports in total in terms of september 1 and december 15. people are looking at negotiations trump says may

still happen later in september in d.c. the u.s. and china struggling to agree on a schedule for plant trade talks. tradepact -- planned talks. they delay the latest tariffs. >> they are having trouble getting to the table quite frankly. furthermore there has not been moments to set the contours of the decision, what would be on the table, what might not. not a break, but it is a pause, and ithave more contours turns out the difficulty is we are not sure what we will talk about. we are not sure when we will talk about it. bonnie: -- zillow 51.4 -- this is in keeping with ism and pmi

across the globe. the s&p taking another leg lower after that. >> truly awful report some of the purchasing managers index falls more than a point to 49.1 .rom 51.2 it is the first contraction since 2016, january. even worse the underlying 47.2,s, new orders unemployment 47.4%, inventories rise to 49%. when you have inventories rising faster than new orders, there is a strong correlation with recession ahead. >> britain could be going to the polls yet again. boris johnson will try to trigger a snap election. if he loses a crunch about in parliament this evening. >> mp's will have to attempt to seize control of the government

agenda, the order paper. then there will be a vote sometime this evening on whether or not the first hurdle of that rubble bill will be allowed. what mr. johnson said is if that happens, he loses that tonight, he will tomorrow table a motion to dissolve that parliament when they just got back and call the election for october 14. country wantse this done. they will be by october 31 in all circumstances. there will be no further playlist delay. david: well he was speaking, the arithmetic changed significantly. this morning he had a majority of one. n mpng his statement a walked to the other side of the house and joined the liberal democrats. minus one.

we have a minority government in the united kingdom. ayes to the right, 328, the noes 201. >> not a good start, boris. >> i don't want an election but if mp's vote tomorrow to stop negotiations and to compel another pointless delay to brexit potentially for years, that would be the only way to resolve this. i can confirm we are tonight tabling a motion under the fixed term parliaments. >> here! >> he wants to table a motion for a general election. fine. get the bill through. first in order to take no deal off the table. kongdramatic move in hong with chief executive carrie lam

saying she would remove the exhibition law which triggered violent protests. >> it was long in coming according to the protesters. they have been demanding this from day one when she said she would not formally withdraw this controversial exhibition bill. she would suspend it and basically calling it dead. in her words, to fully allay the public concern, she is withdrawing this bill. but she addressed the other four main demands but did not acquiesce to any of those anands including setting up independent inquiry into what protesters say was excessive force by the police. that has led to a slew of criticism from the pro-democracy camp. you can see the level of distrust that has been built up by the protest community to the government.

>> boris johnson's bid to trigger an election has been blocked. he suffered a string of heavy defeats. johnson was thwarted twice in the house of commons by the opposition parties and tory rebels to block the new deal brexit which came in second and third readings. he failed in an attempt to force a snap general election. for an election today is like an apple from snow white and the wicked queen. it is the poison of a no deal. absolutelyit is unbelievable. it is slightly -- it is totally unfathomable about what is going to happen. there are some who believe there is a mock of alien master plan -- machiavellian master plan. it doesn't look like that now. china and the u.s. are planning to have negotiations to end the tariff war in washington

next month. it is not known if progress can be made. >> they have agreed to have face-to-face negotiations. at the ministerial level which were scheduled to take place this month, september so we see a delay. both sides trying to manage the markets, neither side wants to be the one that walks away from these talks. there is no harm in meeting. brexit.howdown over personal today. the prime minister's brother quit the government in apparent protest over the brexit strategy. johnson is still arguing for a snap general election in an address today. pm johnson: i don't want an election but the only way to get this thing done and moving is to make that decision. >> what we are hearing is the government will ask mp's once again monday to approve an early

general election and they plan to do that because they expect a bill working through parliament to prevent a no deal brexit. it will be back at the comments i will receive royal assent. -- it will receive royal assent. euphoric on the news [indiscernible] date,have any specific but who cares. the 50 day moving average. >> bond bulls were given a tough wake-up call thursday on the enormous surge in yields on the treasury curve showing on trading is still a two-way street. this is the biggest bond rally in years. >> it was depending on which part of the curve you are looking at, shery, but no matter what part you were trading, you got hit hard if you were not expecting this to

happen. this was something to see. probably the biggest one-day move we have seen in 10 years. vonnie: companies creating a below forecast on slover global growth -- slower global growth. >> it is a decent report, it is decent. there was a big mess on job creation but higher wage growth, hours worked, decent. shows you the labor market is holding in. ow: we want to remove obstacles to economic growth. an inverted yield curve and a premature hiking of interest rates last year, maybe the year before, generated an obstacle to economic growth. let's remove that, and you will see this economy with low taxes, low regulations.

those are the factors that will lead to 3%, 4% economic growth and keep this job story as strong as possible. jay powell make remarks in switzerland. it is his final comments before the blackout period. powell: we will continue to watch all of the geopolitical things that are happening and we will continue to act as appropriate to a sustained this. >> he made the point the u.s. economy is in a good place, continues to perform well and you has used -- he has used the line -- [bell] we reviewill ahead as the week on bloomberg best, a fund sticking with you can

investments no matter what happens with brexit. the e.u. trade commissioner said the forecast is cloudy for a deal with britain when it finally leaves the bloc and more on the top headlines. angela merkel's coalition staves off a populist challenge. >> it means there was unrest which will quiet down for some time. kailey: this is bloomberg. ♪

best.: this is bloomberg i am kailey leinz. ,et's continue our global tour where the government in china responded to economic headwinds with moves to stimulus. paul: the council of china is signaling a reduction in the amount of funds a bank of reserve must hold is on the way, releasing cash into the slowing economy. what did the council say?

the state council was asking for the targeted and brought use of ratio cuts in a timely manner, after a meeting held by the premier, and it is expected the pboc will follow the heave in germany -- january. they also called for the issuance of special bonds to be used by local government to boost infrastructure spending. many are expecting this cut to come as early as this month. it doesn't come as a surprise given the pressures facing the economy. many economists lowered their peru -- forecast to below 6%. there is a lot of headwinds facing the economy and we heard from the state council themselves the external pressure is placing enough downward pressure on the economy the reserve ratio is necessary. news,here is breaking china moves through the reserve the reserve ratio is

important and some banks will see a full percentage point. slowdown of the chinese economy, ongoing headwinds from the trade war with the u.s., but the ongoing concerns the government has about what would happen if it let loose with stimulus, it could cut interest rates or fled the economy with liquidity. it is fragile and it risks bubbles so what happens this evening here when essentially limits that using step which could put a floor under the slowdown. >> angela merkel's ruling coalition [indiscernible] the eurosceptic alternative for germany didn't make a breakthrough in the local elections in the eastern states of brandenburg and saxony. this quiz stave off a deeper political crisis in berlin. -- this could stave off a deeper political crisis in berlin. do you think the key is whether

they can carry through on this? >> you can say merkel's party and the social democrats our partners, they are breathing a collective sigh of believe that's really which -- social democrats are partners, they are breathing a collective sigh of relief. they did come in second and had a strong showing, but the social democrats henan. what does it -- hung on. what does it mean for the coalition? it means there is unrest that will quiet down for some time. in a rare sunday intervention, argentina's president imposed capital controls in a blunt policy reversal and at containing the financialescalating crisis. the announcement came after $3 billion of foreign currency

reserves friday and thursday. this is about containing argentina's economic crisis or about containing's. -- about containing the president's political crisis. >> august 11, he had a stunning loss nobody saw coming and the money started flowing out of argentina. $3 billion in two days, it has been $12 billion since august 11, so they had to do something to contain the flow of dollars out of the country which will impact inflation and everything else. it is the president trying to make it to the end of his term but also trying to fix the economic situation in argentina which has become a massive crisis very quickly. person has signaled a note of caution on restarting quantitative easing. he told a french magazine the central bank doesn't have to use

all of its policy tools at once. he joins a rollcall of others making hawkish or not dovish noises over stimulus. how significant are these comments? >> they were pretty technical in nature. he remains potentially open to being convinced qe should be restarted. he labeled the main concerns, one is the two things the ecb is after changing is inflation expectations and short-term market yields. >> the u.s. placing additional sanctions on iran after rance tried to extend the economic lifeline by resorting -- restarting with $15 of free purchases. 15 entities were designated. >> iran keeps rejecting our efforts to resolve our differences diplomatically. we will intensify our campaign

of economic pressure. simples a different -- decision to make. they can behave normally or watch their economy crumble. >> a month after being forced from power, the italian president finds himself at the head of the new government coalition. hisstors rallying behind second term as premier. there is a history of bad blood. >> this government has a tall order because first of all it should undo group with previous -- undo part of what the previous government did. much more leadership than honestly he displayed in the first government, but certainly he has matured. he has shown more leadership now climatee renewed good with the european union would be

a very poor component. ♪

kailey: you are watching bloomberg best. i am kailey leinz. the head of the largest sovereign wealth fund is looking past the medical turmoil and will invest in the u.k. no matter what. but the ceo does consider negative rates of significant concern. he spoke with our editor in chief, john mickelthwait. investor a long-term in great britain no matter the outcome. norway also as a country has lived being outside the e.u. but still within europe.

europe andclose to will be long-term. we have 2% of the u.k. market substantially and we will continue to be that. i think also for countries we are invested in, it is good to know we are long-term committed to the countries and we are able to investor and stable investor. >> the fed is leading the central banks towards lower rates and you have negative yield and a variety of things. you are trying to receive 3% a year. bonds are negative. have you do that? 3% is what you have with people spending and backbone, we achieve that, that is challenging. the worries we have with regards to markets, one thing it on top of -- one thing on top of our purpose,ould be the

lower interest rates will have significant effects on the return over time. john: this relentless push towards ever lower interest rates all the way around the world? yngve: i think the market has been quite surprised so far this year. there has been a change from interest rates going up in the u.s. and turning and interest rates half world now actually is approaching that territory. coming up on bloomberg best, more compelling stations. a top chinese bank executive explains how the pboc's plans to fix rates will foster growth. australia's trade minister and new zealand finance minister. another official keeping an eye on brexit, the e.u. trade commissioner who would like to make a deal with the u.k., but the leadership is not making it easy. >> there is an agreement.

andbasis is if mr. johnson the british government want to change that, he has to come up with proposals. kailey: this is bloomberg. ♪ we call it the mother standard of care.

it's something we take personally, and believe in passionately. it's the idea that if our mothers were diagnosed with cancer, how would we want them to be treated? that's exactly how we care for you. with answers and actions. to hear your concerns, quiet your fears, lift your spirits. with teams of cancer experts and specialists, delivering advanced treatment options and compassionate support every step of the way. all here in one place, with one purpose. to fight your cancer, together. that's the mother standard of care.

this is how we inspire hope. this is how we heal. cancer treatment centers of america. appointments available now. ♪ welcome back to "bloomberg best." month, the people's bank of china unveiled a major reform to it's a major reform to its system of benchmark interest rates. a low prime rate each month hopes to encourage investment and foster growth. the ceo told bloomberg exclusively why he thinks the new policy makes sense. ♪ lpi, it is at the almost like the equivalent of primary loan, and when they announced that and forced

everyone to apply for this rate, when you look at the first day of the fixing, it was down at 4.2%. medium lendinghe was priced at 3.25%, in the equivalent of the best of the corporate client in china, if they were issuing the bond, the yield would be 3.05%. you can see the gigantic parity between the two. when you consider the chinese market is about 80% of the lending market, you can see the need to drop the rate further and further to be much closer to the medium lending rate, and also the bond yield. when they do that, they will force the bank to diverge there lending into small and medium-sized positions, and this would be where the growth will be. >> the economy is not doing very well, so banks, i would imagine, would be attaching a larger risk premium to lending to small businesses. talk to us about demand for

credit. >> yes, the risk would be higher, but then again, we are also starting a lot of the new trend in china. there is a new trend where a lot of the companies are diverting business into the third or fourth year markets and also the city, and we start seeing the report on q2, among many of the companies who start finding a new growth area. this pushes up the consumption and will push up the credit demand, all of which will be important for the banks to sustain their growth and profitability. ♪ >> bloomberg also spoke exclusively this week with cabinet officials from australia and new zealand, the nations hit hard by trade wars in the global economic slowdown. let's begin with the australian prime minister who discussed waiting for the u.s. and china to resolve their differences. ♪ >> our position has been clear all along, that we do understand

some of the points of concern in relation to forced technology transfer, protection of intellectual property, and that australia shares that. but there are many other countries in the world, and we don't believe the unilateral application of tariffs is the way to go in trying to resolve these issues, and we are concerned about the impact on the global economy and on economies like ours as a result of these ongoing measures that are clearly male having a direct and real impact on trade volumes, and from then on economic growth. >> you have negotiated free-trade agreements with other countries. is it getting hard to conclude those when the climate could change in the breath it takes to type a tweet? >> it's always hard to conclude trade deals, but i don't think the global environment is making it harder. if anything, i think it is providing political momentum

that the other countries of the world are actually determined to demonstrate, that we stand committed to open markets and open trade, to growing those opportunities. certainly from australia's perspective, these types of tensions we are seeing, it gives us reason to double down and make sure we create those new market opportunities for families and businesses, and that we work extra hard to seize every incremental game we possibly can. ♪ >> there certainly are some challenges for the economy, we and export-based , but the fundamentals of our economy remains strong, we have budget surpluses that were thecast, we have fundamentals to deal with what we all agree is a glowing economy. >> they surprised markets with

that 50 basis point cut. do you think that was the right move, especially when you consider the methods you are sending to the business community. commentatorsst have priced in a cut, i think obviously that had some impact on the market but overall it was an unexpected -- obviously new zealand has a little bit of room to move still -- but we certainly accept the point that monetary and fiscal policy need to work together. spending is part of helping the economy grow even more solidly into 2020. that monetary policy shift was not unexpected, albeit an effective cut. ♪ eu trade commissioner cecelia

maelstrom also facing challenges on multiple fronts. europe is in early talks to rework trade agreements with the states, and will also have to establish new trade relations with the u.k. depending on the terms of the divorce. interview,lusive david westin learned how she is approaching sensitive negotiations. ♪ >> we are talking to t-rex, one is a limited trade agreement focusing on industrial goods, on other track is focused regulatory corporations, applications, standards, and we are advancing to see if we can facilitate access to each other's markets by recognizing some of the standards and regulatory procedures. ofthis gives us the backdrop section 232 proceeding here in where we areates finding european auto imports

delayed by 180 days, in the middle of november. is there any prospect that will be extended? >> we hope it will be extended because it is not based on facts. the european union and our exports of cars to the u.s. are not security threats, it is based on normal trade. we disagree with the findings of the report, and we hope we can focus on a common positive agenda to facilitate trade between us and cooperate on other trade obstacles in the wild, and also on china and other threats. ofeurope has a fair amount exports to great britain and the united kingdom, and we are watching this play out right now, even as we speak in parliament. inre is the european union negotiating potential trade deals, with the eventuality that the u.k. leaves the common market? leaves, with or without a deal, obviously the

u.k. is a friend and partner and ally and neighbor and we will continue to trade, but until we know the conditions in which they are leaving, which is very much subject to debate internally and in london, we cannot start negotiating. sit together will in negotiated trade agreement. >> that's what i am puzzled by. what happens in that interim period? between the time they leave and we know what the rules are, what could happen in terms of disruption of exports, particularly from europe into the u.k.? >> that's a question you have to put to london. what we have offered as a transition period, where they leave but they stay in the internal market for a period of time, and we continue to trade with each other on the current basis and negotiate a future trade agreement. if they leave in a hard brexit, no deal at all, on the 31st of

october, that means the u.k. becomes a third country and we trade under the rules of wto, which will make it more complicated and expensive. that is why we would very much like them to leave under a deal. but that is a decision that has to be made in london. >> are there any discussions at all going on between your organization, particularly the trade commission, and u.k. on the possibility of hard brexit? there's no discussions at all? >> the whole european union is representing the 27 countries, it's always open for talks. there is an agreement in the basis, mr. johnson and the british government will exchange that -- he has to come up with a proposal. the door is always open, but right now they are meeting and talking, but we still need to see a hard proposal from the u.k. on how to avoid hard brexit. ♪

♪ best." is "bloomberg let's resume our roundup of the week's top news into business, finance, and politics. a change at the top for saudi aramco, the world's most profitable company moving closer to an ipo. ♪ >> saudi arabia has again shaken withe amenities sector, the new chairman ahead of the much-anticipated ipo. it is the second time they have been scaled back in a week. parts of his ministerial job are taken away, leaving him to focus only on the oil market. replaced by will be the head of the saudi sovereign wealth fund. there's an interpretation that the saudi government is a lot

more in a rush to get this ipo. >> that's a completely fair interpretation -- if you look at the rationality, it is about separating the energy ministry from aramco for the first time in decades, where we have seen the energy minister not so sitting on top of aramco. this just shows that they are very determined to get this ipo trade done in the next 12 or 18 months. ♪ accusing washington of orchestrating a campaign to intimidate employees and launching a cyberattack to infiltrate its internal network. is while backing these claims with any evidence of what they are saying? >> it was a strange announcement, it began as a statement about an ip dispute between the company and somebody

who accused them of stealing some ip for a panoramic camera and then it segued into this very offensive attack on the united states and said that the u.s. government is threatening employees, coercing them, sending fbi agents to their homes. the company did not provide specific evidence about any of these allegations, but this is a sign of increased aggressiveness from huawei. i think we will see more of this, where they try to take the weht to the u.s. where should not be allowed to buy critical components. ♪ >> danske bank is reeling from the fallout of the world's biggest money laundering scandal. it is a name that will be familiar to those who follow european banks. the cfo leaves denmark's biggest

bank. the latest reshuffles are more difficulty for the bank. of theink it is the case getting his own people on board, people he knows from the market. they have been in and out for seven years, so he has they have taken control of how they want to take the bank going forward. ♪ the status quo is unaffected bulk, the walmart ceo speaking to news that the retail giant will stop selling some types of ammunition and ask customers to not openly carry firearms in the aisles. how will this affect the bottom line? >> it will have an impact on their sales. they control about 20% of ammunition sales in the u.s. and

said today these measures will reduce their market share from 20% to 9%. but denied it saying it there is a broader financial impact where they will see a reduction in earnings -- they wouldn't go that far today but it will have an impact on their sales. ♪ >> oil is falling to a one-month low as the trade war stokes concerns, this as copper hits a two-year low on a global slowdown. some would say it's a canary in the coal mine. >> it is. copper was the first metal, a leading indicator that dropped in august, and then crude oil made a new high. support ishat -- breaking down but it is way oversold,. oils very short but crude

can get down around 42,000, which is another $10. ♪ >> the u.s. east coast is bracing for hurricane dorian, a storm that has just been downgraded to a category two but still registers as one of the strongest hurricanes ever on record. it is only one of eight storms to have winds reach 180 miles per hour in the atlantic. >> the bahamas really took the brunt of dorian so far. aside from the human and economic cost, if you isolate the potential insurance losses you could look at 2016's hurricane matthew, which produced losses of about $1 billion. this will be worse than that but it is still unknown number that is manageable. >> hurricane dorian is battling north carolina's outer banks. the storm has weakened to a category wind with wind of 90 miles per hour. further north, virginia has

ordered a round of evacuations. in the bahamas, the death toll from dorian is up to 30. health workers expect to find more victims. ♪ google,er fine for youtube agreeing to pay a record $170 million to settle claims that it violated privacy laws. most of that money will go to the federal trade commission and 34 million will go to new york state. 1% of whate 1/10 of google earns in a typical year. it is the point? >> the point is that this is a very large fine, no question that it's a drop in the bucket for google, it will be easy for them to pay it, like looking through the couch covers for loose pocket change. fine, 30is a large times the previous record from just a few months ago. theytc is thinking that

got back their own budget for the bureau of consumer protection and they got 30 times what they had gotten in february. ♪ are plunging in after-hours trading after the company gave its first earnings report as a public company. well slack beat analysts expectations for second-quarter revenue and earnings, it projected slower sales growth for the second half of the year. instance where we have seen for years, this was one of the most hyped unicorns in silicon valley. billiond at least $1.3 because all that anticipation -- the stock went down 15% today. it went down about 20% after that first pop when it went public in june. the reason why is because the company is decelerating. it's a money-losing company.

from an investor perspective if you are not making money, you need to be growing. and if you are not making money and not growing as quickly as you want to, we are concerned. ♪ be quiteks ipo may not the celebration they hope for. the company is said to be seeking evaluation of about $20 billion to $30 billion goes public, less than half the valuation the unicorn secured from softbank just a few months ago. what happened? left, otherer and big ridesharing companies that went public, marcus sasol where they came in and people are now projecting ahead, looking at the performance with early feedback from investors, and that feedback has been compared to the company and expectations have been lowered. ♪

♪ if you look at the dots and stuff, back in december we were saying don't hike in december, keep rates low and prepare markets for cuts. officialsme, 11 of 17 said not only hike in december, but two or three hikes this year. 17,arch, it goes to 15 of saying hold steady or one hike. stay.let's hope things they have been erroneously hawkish for the last night-12 months. >> there are about 30,000 functions on the bloomberg and

we always enjoy showing you are favorites. maybe they will become your favorites. here's another function you'll find useful, q uic go, which will take you to our quick takes where you can get fast insight into timely topics. here's a quick take from this week. ♪ >> in a tweet threat exchange with jeff lu on april 17, mckenzie fagan had a few questions about the new boarding procedures -- no boarding pass, no i.d., instead, a camera and screen verified her identity against a database, then let her on the plane. some passenger might consider the increasing use of facial recognition convenient, some might think it is orwellian, but it is already everywhere. the question is how far will it go? even some of those developing the technology are scared of the answer ♪. official recognition .taylor: -- the biggest concern around

civil liberty, whether you are able -- whether you enable a totalitarian state, which seems to be the direction things are heading. >> so hard we get here? like other artificial intelligence applications, facial recognition initially develops slowly in the 1960's. with the help of newly available high debt cameras, machine learning, in giant databases of photos to increase accuracy, it advanced and hurry. >> facial recognition is technology that takes images from video cameras and tries to identify the people in those images. it does this by taking key points and doing measurements of the distance between those points. 2013, arrests of were made based on facial recognition after crosschecking tourist hotspots against a database of new criminals.

in new delhi there were 3000 missing children identified in four days. so if that involves catching criminals why would anyone be against it? for one might look at the facial recognition in china. >> it has been used in combination to create this vast surveillance apparatus, applied against certain ethnic minority technology to try to find suspects, or even people who might be involved in legitimate protests so they can be tracked. >> and those are just concerns about the technology working as intended. a study from the mit's media lab found white men were correctly identified 99% of the time while error rates of up to 35% were found with darker skinned women. yearcrosoft came out last as the first major tech company to say they are uncomfortable

with putting this technology out until there is regulation, and they were joined by amazon, which seconded the calls. other companies are flying ahead without qualms at all. guidelines,out some the algorithmic justice center in georgetown university unveiled the say face pledge, which asks companies not to provide facial ai for autonomous weapons or law enforcement unless explicit laws are debated and passed to allow it. a few companies have signed on but not microsoft or amazon, possibly loath to lose the opportunity to sell the technology. imaget is preventing your from saying a whole lot more about you than it used to? face it -- not much. ♪ >> that was just one of the many quick takes you can find on the bloomberg. you can also find them at

bloomberg.com with all the latest business news and analysis 24 hours a day. that will be all for "bloomberg best" this week. thanks for watching. this is bloomberg. ♪ we call it the mother standard of care.

it's something we take personally, and believe in passionately. it's the idea that if our mothers were diagnosed with cancer, how would we want them to be treated? that's exactly how we care for you. with answers and actions. to hear your concerns, quiet your fears, lift your spirits. with teams of cancer experts and specialists, delivering advanced treatment options and compassionate support every step of the way. all here in one place, with one purpose. to fight your cancer, together. that's the mother standard of care.

this is how we inspire hope. this is how we heal. cancer treatment centers of america. appointments available now. ♪ taylor: i'm taylor riggs in new york, in for emily chang. this is "bloomberg technology." coming up in the next hour, tech strong. u.s. tech jobs stand up in an otherwise disappointing august jobs report. we will explore where the jobs are and what skills are in demand. plus, warning. the cdc says this is have struck people who use devices that contain thc.

w