thank you part. and there's more earnings news and it is a little bit more than that here with a look at samsung the south korean manufacturer of telephone manufacture and other technologies smart t.v.'s and. is there a trinity chop us from new york who has something on their new not novel note knowing that certain new phone samsung is making some big moves and it's planning on the besting billions of dollars into new growth areas south korea's largest conglomerate samsung group is planning to invest around twenty two billion dollars over the next three years into five g. and a high technology led mostly by samsung electronics the investment would be a part of samsung's overall one hundred sixty one billion dollar investment plans that include capital expenditure research and development and of that total around one hundred thirty billion dollars will be spent in south korea alone the investments include four key areas artificial intelligence fifth generation mobile

network technology electronic components for future cars and bio pharmaceuticals samsung also said it aims to directly recruit forty thousand new employees who would work at global ai centers which include u.k. canada russia the u.s. and south korea meanwhile after recently reporting its lowest quarterly profit growth in a year samsung is rolling out the galaxy note nine. these are my pleasure to present the. new general tree no two. we've included all the things that they know and love the precision the ease of use but we also added now bluetooth low energy connectivity so now you can use your i spend even more tasks like opening up locations i don't like a remote shutter so i can use it to take a picture and i can use it to even do things like control my music but while the new phone will be faster and have greater memory many users aren't impressed with the newest features especially with a hefty price. of around

a thousand dollars for the camera it's pretty much similar to what the launched with the last nine and that's not a plus there's not much anything new specifically but we don't really see any anything really new sense of the camera it's a great form piece great pictures but it's nothing specifically new compared to what's out there right now the new films will come out on august twenty fourth in the us and the nine will have the same price we're guard list of carrier which is around a thousand bucks it's an increase from the no eight but it's comparable to apple's i phone at reporting in new york trinity chavez art. and time now for a quick break but stay with us because when we return lauren fix the car coach joins us to talk as the u.s. currency exchange commission has subpoenaed the company following c.e.o. you on must market moving tweet and steve malzberg joins us to discuss the new cold war the battleground is the pound is the sports beverage market and coca-cola is

enlisting some superstar sports power in their effort to get more of the eight billion dollars market from pepsico as we go to break here are the numbers at the closing bell stocks up across the board as investors give thumbs up on today's earnings and as i said three hundred ninety eight points up on the dell we'll be right back. so you see conspiracies there they're all were there. the bus forget about the back of the buses run them over because we want. wonder bread and snake news. that's america.

america was never great it was founded on the rape and the murder. nothing changed so we said in. response to these situations that we're dealing with. people get shot every day she is just people killing each other blacks are killing children. so it was just no way that people are going to just sit back and allow children to see shot down law enforcement. this country doesn't work for us it doesn't function for us. this is can't be happening in america we call from the streets we've got to deal with why is the reason i have to write like this is a reason. welcome

back to the persistent and growing problem of inequality in wealth in earnings in the u.s. is reaching new heights or lows perhaps the penny upon your class perspective the economic policy institute or e.p.i. today released a report that finds pay for bosses at the biggest u.s. corporations increased by a whopping average of seventeen point six percent last year versus twenty sixteen rank and file employees by contrast saw an increase of just three tenths of a percent a single person. sent in historical perspective e.p.i. points out that the ratio of c.e.o. to worker pay is increased dramatically in recent decades from get this twenty to one in one nine hundred sixty five to fifty to one in one thousand nine hundred five and twenty seventeen the figure is three hundred twelve to one if you i found that c.e.o. paychecks increase outpaced others in the super rich class with c.e.o.'s being paid five point five times as much as others in the top one percent of the pay scale.

and there is an unsettling update to the product liability story around glycine the main ingredient in months santo's roundup brand of herbicide products the environmental working group reports at the independent lab tests on samples of forty five different cereal products the things that eat made with two thirds of the foods contained life of faith above the level of one hundred sixty heart one hundred sixty parts per billion each of the scientists say one hundred sixty parts per billion is the limit for safe exposure last week as we reported a california jury awarded a former school groundskeeper two hundred eighty nine million dollars after you develop a answer for ed cited work exposure to the chemical in his suit against monsanto two hundred fifty million pounds of the fate is sprayed on crops grown in the united states every year alone often on so-called roundup ready plants that can resist the herbicide.

and as i noted the top of the program the us s e c is subpoena tesler related to market moving tweet by c.e.o. elon musk here at talk tesla and some other ongoing issues with automakers is the car coach lauren fix who is also the president of the car utility and truck of the year award lauren welcome back we're so glad to see you again what do you make of this as c c file you have come down pretty hard so far doesn't surprise me as a regulator but what are your thoughts. well i actually since we spoke earlier in the day there's been an additional lawsuit put in place and i additionally whistleblower in the last half an hour somebody claiming that there's all kinds of drug deals going on in the past and all kinds of exciting things of course with a whistleblower you never know and the f.c.c. is always looking for that especially when they're already being viewed at so closely with the f.c.c. in most cases what happens these days is they're not looking for someone to admit

guilt there's going to be a penalty involved if they actually find him to be guilty and they're going to take the money and when in reality there's a bigger issue besides the lawsuits all the financial investors who lost a lot of money they're all suing as well so there's a couple probably close to a dozen lawsuits right now in place and on top of that they've got the department of justice here in the united states looking at him for possibly buying back stock in a legal way so there's a lot of thing still in the mix when you go out and make a statement that you've got financials secured and you don't and then you falsely inflate the market and then it's dropped back down and closed almost a percentage down today and i think that's going to lead to some issues and just to put a little but he gave a perfect answer lauren but i want to put a fine point on it for some of our viewers who may not have followed it a b. he must the c.e.o. of tesla had said not long ago maybe a month or so ago that the shorts that is

a short traders who are sort of betting on the demise of better watch out and people sort of assumed that that meant the company's going to do well over the long term but then when he made this tweet about saying as you say he's got the the money secured to go private that's when the stock took a real or twenty a share yeah crazy stories are not going to make it there yeah yeah yeah it's crazy the problem is i have friends that do this for a living and he's been intimidating some of them to pull down their twitter accounts. canceled their relationship with seeking alpha which is a financial website and other things and sending things like short shorts to people which is cute i'm glad it's got a great sense of humor but you're dealing with people's money and that means you're also dealing with attorneys so we'll see how this unfolds i'm feeling he'll get a slap on the wrist from the f.c.c. here in the united states but that partment of justice there any more than a slap on the rest he could find himself in trouble including the fact that all of the board members have gotten their own lawyers that's

a big sign something ugly is going down yeah and i guarantee you a lot of other publicly traded companies and their general counsels are speaking with the cease fire ceased to exist is they don't do things and social media account just like putting out you know your ten k. anything else one other issue that i want to get get to lauren is you know we've talked about a mission related matters many time on the program we always appreciate your expertise but there's new news out of the e.u. specifically that the swiss have now stopped. allowing diesel engines that concealed the emissions levels that those cars to be registered you can ever get registered that could be a huge deal for individuals. less what's going on in the country right. right that's a huge impact on consumers telling them that the vehicle that you currently own can't be reregistered you know just like here in the united states not everyone can go out and buy a new car every three years and some people and actually on average the vehicle

they average vehicles on the road today are about fourteen years old because not everyone can go and buy a new vehicle and the same thing is true in switzerland and some of the swiss are saying you cannot register your vehicle this is a huge problem for consumers if they can't drive their vehicles they can't afford to buy new vehicles they're going to get those sounds like some lawsuits are going to happen this is the same type of strategy that california was trying to do and it came back as very negative in lots of lawsuits and they backed off on that they were trying not to let anyone purchase gasoline powered vehicles after a certain day or bring vehicles in from other states and this is going to be a huge problem for switzerland as well we've just got a few seconds and maybe i'm going to broach something you know i shouldn't but as president of the car utility and truck of the year award what do you drive it lately and do you like it i just drove the brand new chevy silverado we drove it up in jackson wyoming i think they've done a great job improving it over the previous models but when you compare it to the ram truck and the f one fifty sorry to say look at the f one fifty still the leader

in the market elbowed general motors done a great job with the performance handling and they have the best in bad storage and we've also recently driven the new honda pilot which i found to be a great improvement next week will be driving the hyundai santa fe thank you so much lauren fix the car coach appreciate your time lauren. thank you so much. and turning to soft trick news coca-cola is hoping some athletic star power can lift their profits in the so-called sports drink market the cola giant is taking a significant minority stake in a sports drink brand body armor that is seeking to compete with the dominant player on the field gator aid gator aid is owned of course by pepsico and coca-cola hopes to siphon off some of the eight billion dollars sports drink market pepsico with gator it accounts for roughly seventy five percent of the current market and coca-cola already sells a similar product under the name power eight and will eventually distribute body armor as product for now body armor is distributed by dr pepper which has said that

they will not renew the current distribution agreement under the deal coca-cola will display security as body armor is second largest shareholder knocking them down to a third body armor hopes to catch up with their established rivals with celebrity endorsers and investors including putting former l.a. basketball star kobe bryant who is an investor and board member of body armor so this isn't quite an old school cold war but make no mistake there are battles brewing in the sports beverage space and here to discuss is deserving of t.v. and radio host steve malzberg steve welcome i suppose we always has some sort of form of a cold war i remember for bid decades but this is a little different right. this is very different and now but i love it coca-cola pepsi cola dr pepper they're all involved gator rate as you mentioned dominates the market but this body armor it's interesting that coca-cola is throwing its own powerade basically under the bus and has become a major player now with body armor and you know it was. it was

one of the investing banks as said that their worst nightmare gator aid has is body armor body armor is appealing to the millennia they are appealing to them because they're all natural because it full of potassium there is no artificial. colors a sweeteners everything is natural and so that's why you get to see the market share continue to grow as it's grown over a one hundred percent a year for the last four years you mention kobe bryant kobe bryant and investor and a spokesman for the last several years he's very excited about the product rob grant koski of the new england patriots also you have baseball star mike trout he's also on board with this as a as a promoter so i think that coca-cola has made a commitment and this this this drink that has five percent market share right now i think is going to bust out it's also part not the first time that coca-cola has dealt with the owners of this drink because they've bought from them vitamin water

and smart water for four billion dollars several years ago and they propel that into a multi-billion dollar product so they know what they're doing and vitamin water i'm glad you mentioned it you know that also had some celebrity endorsement by rapper fifty cent who had one of his is favorite concoctions and body water and as you know the are in it with with body armor rather that is a different drink in that i think they use coconut water which is super super healthy but having these celebrity endorsers are really probably helps them and if i were pepsico i think i might be worried even though gator is a stablish brand how about you yeah absolutely and my my my brain freeze came out of it and with wells fargo that says that this body armor is is gay to raise worst nightmare and will be i agree look when you have when you have stars who are relevant now young you know kobe bryant of course is

a legend and people who are currently playing the game of football and baseball on board and you have the natural ingredients that's what millennialism are into now they're into healthy they're into healthy food and drink and this blows away the competition both the powerade and the gator a when it comes to all natural ingredients so. i think it's a big threat i think we've seen the growth it's now about three hundred fifty million dollars a year in sales that it's grown to continues to double year after year i think that's going to skyrocket and take off once coca-cola takes over the bottling and launches the ad campaigns steve quick quick answer pepsi or coke i've always been a coke guy i don't drink it anymore because of the sugar but i don't like are the non sweet you know the artificial sweetener stuff but i've always i grew up a coke guy not a pepsi guy and you're going to probably say i'm a typical politician but i like diet coke but regular pepsi so i'm straddling. steve malzberg conservative t.v. radio host thank you so much for being with us steve thanks bar and that's it for

this time you can catch boom bust on direct t.v. channel three twenty one dish network or streaming twenty four seven on pluto t.v. the free t.v. after one thirty two or as always hit us up at youtube dot com slash boom bust our teeth will catch again next time. we have a new idea watch so if he's doing a vacation that she will be back on air in september.

that's a very rough furthur a news story it's prophesied in moments and you have to fight for google for them if. it was a gunshot on top of them and still very fresh he would have been only one of them and even not i. don't think anything will back up for me you know i don't want to see it but it would be in the children is ready to put you straight in the good. old to me a good meeting and if. you don't think about this if this soldier on no you got three teams played here and you know i do and other patients.

on. the way to the united states is dangerous for most of the illegal immigrants. crossing the most just as they would a simple they want to take on most of enter and i want to ask some just about what if many of them look for refuge in the so-called sentry sides of the dresser used to share information about undocumented migrants with federal authorities only the last person i asked dan commom. policy to point out that l.f.s. i'm not getting a lot of class and i want that. they have that water they all choose to stay in the country with donald trump in the white house all over for the gravels they also feel good with the who could be about to do the job of the old i said sit down with a many couples won't. kill the chance the put simply the impulse response both more thoughtful of you out to the pure the hope of the.

coming up this hour a special report from syria on how the country is slowly rising from the ruins after seven years of conflict. but also become the scandal over donald trump's alleged use of a racial slur deepens those polls do show that support the u.s. president among black america this is on the up. the palestinian journalists arrested by israeli soldiers for filming them and allegedly inciting violence meanwhile this protest to erupt on the gaza border we speak to a hip hop artist who shot to fame with a video filmed in a previous border demonstration. plus hillary clinton backs the young girl who nolting class during the national anthem in protest against social injustice we debate the issue with. blow girl

needs to spend more time in a constructive manner trying to get what she wants it's not to say it's wrong for them to basically stand up for what they believe in that's what this little girl was doing that's all. welcome she's gone i am here in moscow you're watching international start this hour with syria where years of war with terrorists and militants have left the country in ruins huge amounts of key infrastructure were destroyed including factories and hospitals we visited some of the case sites to see how the rebuilding job is going and how close people are to getting their lives back on track. if damascus is serious about welcoming back millions of its refugees well it has a lot to do first and foremost most of the country has been reduced to rubble by

the war so a lot of people just don't have a place they can call home anymore secondly infrastructure is a big issue because major transportation arteries have been cut and thirdly electricity is so skies that anyone who has a power generator well is a very lucky person. that's why factories like this one are crucial most syrian cities have to survive amid a chaotic and unstable power supply we've been told that when anti assad fighters captured this facility they looted it clean for equipment and left it badly damaged it's fully operational now but lack of power of course isn't the worst that syrians have had to endure lie i swear we were dying of hunger one kilo of bread for one thousand lire you have to eat otherwise you starve to death and i am truly rice and

vulgar nothing that. we were living in hunger and poverty we would wake up in the morning not knowing how to manage to get our daily food children suffered malnutrition the ten year old girl looked like a two year old. throughout the war some parts of syria have seen well reflect famine but it would have been much much worse if it wasn't for the incredibly fertile soil and that's why you hear some branches of the trees actually broken under the weight of peaches advanced agriculture and international aid is helping to put food back on people's plates so now with the fighting contained two small pot. syrians can treat themselves to something nice this ice cream plant has even had a go with its old interpretation of the oreo recipe yet all of this is great on

paper but doesn't help much of delivery trucks have no rules to drive on. this just over forty kilometers between the cities of holmes and hama a trip that should have taken somewhat thirty minutes would stretch up to six hours see with this bridge destroyed of commuters had to gamble with their lives taking long detours through due hardy's territories this newly paved highway has brought the drive back to well under an hour this market in homes is more than two thousand years old it has seen many things in this civil war is not the worst of those it has survived through and it is hoped that the rest of the country will follow its model. reporting from syria forty.

well amid the massive reconstruction there is also room for artistic work because these artists once lived in a refugee camp near damascus but had to flee when it came under attack what with pace now back in the area they have returned to the aftermath of the fighting they say they want to leave a record for future generations of what happened at the camp and what they went three. so the scandal over donald trump's alleged use of a racial slur has seen a hail of accusations of racism thrown at the u.s. president a former aide claims she has a recording of him making the disparaging remarks although that recording has yet to emerge that hasn't stopped though the media criticizing trump for alleged racism . but at the end of the day we don't need a tape to know that donald trump is racist i was at the unite the right rally in washington d.c. on sunday i didn't hear anybody say the n word but i'm pretty sure those guys were still racist we were curious about what he could possibly say that might dispel

some of the animosity the black community has toward her after all of these years of her being complicit in trump's clearly racist policies and actions however amid the scandal a new poll does show that support for the u.s. president among the black community has almost doubled since last year so america has more. according to this poll trump has more support among african-americans than republican candidates of the past but african-americans are still the most politically modulus voting bloc consistently voting for democrats robert kanye west who's recently made headlines over his support for trump says that going against this trend makes you a pariah in the community everyone around me tried to pick my candidate for me and then told me every time i said i like trump that i couldn't say it out loud or my career would be over i get kicked out the black community because blacks are we're supposed have a monolithic we can only like we can only be democrats though it's unclear whether

such statements from black celebrities have a positive effect on donald trump's popularity a leading civil rights group says trump trotting out his black surrogates to woo voters has little impact as the majority of african-americans disapprove of trump trump strategy of trotting out black people to support him is not working if it is intended to inspire african-american support for him or his policies a majority of black voters say these celebrities have no impact before trump set off on the campaign trail in twenty fifteen black rappers and hip hop artists felt a little differently about him in the ninety's they often mention trump in their music boasting of his wealth. to take. it along to you know we have to xerox money to cover her the bill gates. money.

so why are african-american starting to think this way we just around to find out do you think african-americans support but you want to guess a percentage. going to say not a lot of them support only thirty are you kidding thirty six thirty six. not even close to what i thought about. six percent. actually thirty six percent true are you surprised by that at all. why is that because i don't own any black trump supporters why do you think some african-americans support trump by some i mean one third i'm going to say probably because they thought that he was the best chance for our economy is sort of thinking about where we are as socially there is a chance to be heard which hasn't been there before i think those that do probably are looking for from an economic perspective he's a businessman right so more americans including black americans are finding job

opportunities and by that i mean it's not just you must take the one job you find you're seeing that there are multiple opportunities people are now getting to buy a car for themselves or truck for themselves for the first time. and a long time last summer we set a record among americans including black americans who went on vacation for the first time and it looks like we're gonna see another record breaking activity with that in that regard a lot of black americans are experiencing this and it's no surprise that they understand it's the policies of president donald trump that they that they accept that they acknowledge and that they're very appreciative of. a young girl from maryland who forced reportedly reprimanded for nailing during the pledge of allegiance has won the support of hillary clinton the former presidential candidate

tweeted that it takes courage to express disagreement with injustice eleven year old marianna tile and i hope that more people will join. it's important. to. you. well marianna there said that she was inspired by an american football quarterback who knelt during the national anthem before a game in twenty sixteen to protest against racial inequality and also police brutality his silent protest spread among other athletes to this provoked a foreign political debate which reached all the way to the white house but you love to see one of these. when somebody disrespect. to say get that son over the field right out this guy that was not against our anthem or our flag.