however, police are not saying michael warren is a suspect. keen warren is behind bars in virginia and will soon be extradited to florida where she faces charges of first degree murder, new york. >> and that son who said he saw the clown drive away, apparently, the shooting happened in front of him and his friends. >> and the husband's own car, car dealership, by the way. she managed the couple's rental properties as well. >>> coming up, the seismic shift for millions of women in saudi arabia. >> they'll soon be allowed to drive. so what drove the change, and what other changes could be next? we'll check that out next in "world news now." i'm never going to be able to sleep with this cold. i'll take a sick day tomorrow. on our daughter's birthday? moms don't take sick days... moms take nyquil severe. stock up on nyquil severe, so you don't lose a moment to... ...sick days. ♪ >>> some interesting things from the book list. "it." >> "it "s" climbing up to numbe two. and hillary clinton as expected. >> do you read it before >> you read it and don

you give the president credit for earl warren, my recollection of history is that earl warren had to go to president eisenhower to her thee times to remind him of promise that he had made, that he would indeed get the very next appointment to a supreme andt of the united states, that it took a little time, and it was more earl warren refusing to take no, or refusing to be denied that appointment, then it was ike enthusiastically putting him on the court. would you say a word or two more about that? >> the important thing in that story is that eisenhower called earl warren, this was not a subordinate doing it. this was in november 1950 two, after the election, and province -- 1952, after the election, and promised him the next opening on the supreme court. warren was very level on civil rights. he knew him well, and it is a complete myth that he did not knew him -- know him. it is still out on the internet, alleging that ike said appointing warren was the worst dam fool mistake he ever made in the presidency. that is false, it did not happen, but it is still out there. having said tha

. >>> warren buffet's a real doll. literally? now a cartoon.ou can get advice whenever you want "on the money" starts right now. >>> from learning the abcs to taking the s.a.t.s, many factors come together to help a child succeed, including one we may not think about too often, and that's food. some children would rather go hung fwri. what's the solution? that's our cover story. >> getting good grades can be challenging enough, let alone doing it on an empty stomach new york city is the largest school district in the country educating $1.1 million this child every student is eligible for free lunch. boston, chicago, dallas, detroit, chicago, and philadelphia have similar programs new york city school system. 75% of the school children were already eligible for free or reduced lunch. the criterion was an annual income of 37,000 jz for a family of three 1/3 of those kids who qualified chose not to eat it gets worse as the children grow older advocates hope the new free lunch program will end the stigma supporters say this will help families save

and then because warren-- it was a chance to spend time with warren, i renewed my bridge skill, at firsty poorly. but both golf and bridge were things that we did in our hours that we got to goof off together. you've given up on golf? well, warren gave up on golf a few years ago, and so my primary excuse to play golf has gone away. so i'm golfing not much now. tennis has become my primary sport. warren buffett called you one day and said, "by the way, i'm gonna give you most of my money." were you surprised when he said he wanted to give you all this money from his wealth to your foundation? that was a complete surprise, because... warren, uh, is the best investor, and he's built this unbelievable company. and he was giving me advice about all the things i was doing. i was learning so much from him. but his wealth was devoted to a foundation that his wife was in charge of. and so tragically, she passed away, and so then he had to think that his initial plan wouldn't make sense. and much to my surprise, he had decided that a part of the wealth, a little over 80 percent of it, would come t

david, keen warren is behind bars in virginia tonight.ill soon be extra dieted to florida where she faces charges of first degree murder. >> linzie janis, thank you. >>> when we come back, free text messaging when you fly now? >>> also, the passenger dragged off the plane today, struggling with police. she said she had an allergy. >>> and the deadly standoff on an american highway at rush hour. the new details coming in. fighg type 2 diabetes... with fitness... food... and the pill that starts with f. farxiga, along with diet and exercise, helps lower blood sugar in adults with type 2 diabetes. lowering a1c by up to 1.2 points. do not take if allergic to farxiga. if you experience symptoms of a serious allergic reaction such as rash, swelling, difficulty breathing or swallowing, stop taking and seek medical help right away. do not take farxiga if you have severe kidney problems, are on dialysis, or have bladder cancer. tell your doctor right away if you have blood or red color in your urine or pain while you urinate. farxiga can cause ser

reject an increase stake from warren buffett. shares of home capital have halted. julie: this is a troubled canadian mortgage lender. it was accused by the loveland of the fcc in canada of fraudulent mortgages. the stock plunged at the time. they were facing a run on deposits. they falsified applications. incomes warren buffett and berkshire hathaway, buying a stake in the company of 20%. the agreement was he would do this in two waves. he would buy the 20% stake. was buying the shares at a discount. then shareholders would have to avoid the second crunch in which he would used his stake to 38%. the stockholders asked that management not do that. they said it would dilute the socked by selling the shares to

or maybe earl warren. here are six things the warren court does. in none of them was in place 1936, the year before hugo black is appointed to the court as fdr's first appointee. here's what the world looks like as hugo black on the court. there is malapportioned meant in 45 of the states. not one person one vote. there's jim crow. apartheid over much of america. the bill of rights doesn't apply against the states, but only against the federal government. think about important bill of rights cases. all the ones you think of her win states have done bad things, not the federal government. , ine is organized prayer recitation of public prayer in public schools. has himedom of speech as never been protected by the supreme court and criminal defense -- that's the world of 1936. the war in court will change all of that and almost everyone of those things is hugo black saying it first even before earl warren joined the court in 1953, way before bill brennan comes on the court later in the 50's. he is the guy who gives one person one vote fraud protection

ow elizabeth warren. it senator warren: thank you very much. i'm delighted to be here today with my colleagues. after the big banks crashed, the economy in 2008, we fought and got in place a consumer financial protection bureau to be a strong watchdog for consumers. here's the deal, it's working. this agency has now forced giant banks to return more than $12 billion directly to consumers they cheated. it's handled more than a million complaints. and it's come out with new rules and regulations that help level the playing field. new rules on mortgages, new rules that have made credit cards fairer, and now a new rule to say no more mandatory arbitration. the arbitration rule, i just want to explain it for just a second. a slightly different way. i want everyone in here to think about the fact. suppose you open your credit card statement one day and you see that there's just a $30 charge in there. it's just 30 bucks that they want to take from you. and you call them and say, hey, i shouldn't have this $30 charge. there is no reason. i didn't agree

connell: warren buffett says we could go towards who knows when doesn't it feel a bit much? you say the numbers don't -- >> averages are permanent and declines are temporary. market eventually over time goes down but eventually it foes up. i don't see complete euphoria. when you see euphoria you worry. there is respect of risk in the market and fear, that is good underpinning for it to keep going. connell: you like microsoft. you like oracle as well. is it technology in general or old big ones you like for some reason? >> it is two things. those names come from the cash cow series. we screen a broad based index for free cash flow yield. talk about warren buffett he is big fan of free cash flow and free cash flow yield as well. those companies screen into the portfolio because of that. microsoft generates $31 billion a year in free cash flow. there is a company up pretty well. up so far for the year. could be poised to increase dividend. they're a dominant player in the space. connell: quick on oracle before they ring the bell. >> oracle big in the cloud business, up 53%. in

warren buffett's company geico insuring half a million cars in texas. trying to help drivers there get your financial house in order as the summer comes to a close. we help you get your savings strategy back on track let's look at how the stock market ended the week. >>> how much would you pay for lunch with warren buffett? this year's winning bid was $2.68 million in the annual auction that goes to benefit glide a san francisco charity for the homeless after the lunc i asked the oracle of omaha for his assessment of damage done in houston by hurricane harvey. >> in the case of our particular company, we write about 10% of the auto insurance in texas. we probably have 500,000 or so cars insured in that area. >> through geico. >> for geico i wouldn't be surprised if we had 50,000 losses and most total losses we have to get tens of thousands of cars in there because a person has enough trouble with the house and everything else. they need a car. and it's how you perform at a time like this this really defines whether your insurance company is doing the ri

there is a the most powerful man in america and he acts like a bimbo ukulele player but his name is warren buffett and he said that anybody who shorts america is a loser it's been a losing bet for a long time he says and zero hedge did some interesting numbers because the screaming headlines were that dow was going to go to a million so warm buffett's predicts dow a one million but there's a catch sounds great doesn't it sounds like big number eight in reality dow one million and one hundred years would indicate in the bismo c.a.g.r. of just three point nine percent pretax or closer to just three percent post tax returns per year assuming tax rate don't trend towards ninety percent over the next hundred years so the capital appreciation would not. actually keep up with inflation well talking about bubbles or a bunch of lives of the magical bubble where he never has to deal with the consequences of his actions look at the wells fargo bank he's a big investor they became an orgy of larceny destroyed lives and he said nothing. did nothing look at the environmental hole cost that he helps fina

irchlts how much would you pay for lunch with warren buffett? this year's winning bid was $2.68 million in the annual auction that goes to benefit glide a san francisco charity for the homeless pl after lunch i asked the oracle of omaha for his assessment of damage done in houston by harvey. >> in the case of our particular company, we write about ten% of the auto insurance in texas. we probably have 500,000 or so cars insured in that area. >> through geico. >> for geico. i wouldn't be surprised if we had 50,000 losses and most total losses. we have to get tens of thousds because a person has enough trouble with the house and everything else. they need a car. and it's how you perform at a time like this this really defines whether your insurance is doing the right job. >> let's talk about gdp because we got a second quarter read on the second georgia quarter gdp 3% does this feel like a 3% gdp economy to you. >> no it's been about 2% a year now since the fall of 2009. eight years. and it's been harkably close to that most of the time. i would gu

in a speech in harlem saying we didn't land on plymouth rock plymouth rock landed on us so for warren buffett he's the landed gentry living on the right side of the interest rate apartheid wall he never has to deal with these scams the larceny the malfeasance of wells fargo bank directly he's cashing in on their criminality and this credit freeze recommended by the bank part of the equifax catastrophe is similar to these hurricane erma this is a hurricane of the credit markets brought on by moral hazard writ large when alan greenspan talked about moral hazard as being necessary component to the markets to allow a little wiggle room to allow banks essentially to break the law to keep liquidity going something that we hear from goldman sachs all the time telling people that we need more markets to be liquid therefore we need to be able to commit fraud without penalty while this is what happens if you have decades and decades of fraud as you end up with this equifax disaster because the people who committed these crimes are that the facts they know that there's no penalties for them ther

marine warren died two days later. investigators zeroing in on keen warren an employee at marlene's husband dealership. detectives looking into the rumors between of an affair between the two. we'll have more on the killing case at 7:00 a.m. lindsey janice, abc news new york. my mom's pain from moderate to severe rheumatoid arthritis was intense. i woered if she could do the stuff she does for us which is kinda, a lot. and ifhat pain could mean something worse. joint pain could mean joint damage. enbrel helps relieve joint pain, and helps stop further damage enbrel may lower your ability to fight infections. serious, sometimes fatal events including infections, tuberculosis, lymphoma other cancers, nervous system and blood disorders and allergic reacons have occurred. tell your doctor if you've been someplace where fungal infections are common. or iyou're prone to infections, have cuts or sores, have had hepatitis b, have been treated for heart ilure or if you have persistent fever, bruising, bleeding or paleness. don'

everyone is mad at warren. grant is a type of guy who knows what the boss should do, and is not afraid to tell the boss what to do. . so grand gives sheridan the command of the six core -- the sixth corps. also the secret authority to relieve or in. sheridan is that going a chance going to miss a chance to push up a rival. they have really is at the last minute that they have to pull back because there is a gap. they cannot go back public to the railroad. he has made it clear that they have got to hold five forts. that would be the key to hold in the railroad and everything else. runs plan was good, but phil sheridan was not coming in. sheridan, while he has lawrence three divisions was going to do something different. he is going to take his cavalry corps and attack frontally well his divisions are moving around their flank. he gives him specific orders to be on this axis. accept, feel sheridan's cavalry got it wrong as to where the confederate line is. phil sheridan's cavalry got it wrong as to where the conf

>> well elizabeth warren has all the same roads and she hasn't built anything so i think it actually does matter if somebody 's an entrepreneur, not just that there are roads out there. the tax proposal, that president trump put forward will pass within the next two and a half months. it's going to spend a month in the house, a month in the senate and be finished up in december going into house and senate negotiations. the central issues are agreed to they're going to take the corporate rate from 35 down to 20. they're going to take the taxes on subchapter s corporations from as high as 40 down to 25. i met with vice president pence today and he said those are hard numbers. those are not negotiable numbers it's going to be 20% and no higher for the corporate income tax and 25% and no higher for subchapter s corporations, smaller businesses and you do those two things, we will create millions of new jobs. we'll turn the economy around. we've been growing it 2% a year under obama which is half of the ragain recovery, 4%. we can get towards 4%. i mean we can get to 4% they will get rid

the "warren g. harding" spot! bring my boy out! playing "hail to the chief" ) >> stephen: all right, john, let's settle this like men-- with insults. ( laughter ) >> oh, it's on! stephen, you know how zachary taylor died? after a july 4th celebration where he treated himself to too much milk and cherries. he basically o.d.'d on a snack for pre-schoolers. boom! ( laughter ) >> stephen: really? >> can i get a boom on that? >> stephen: really? >> yes. >> stephen: known philanderer warren g. harding also died in office of a heart condition. really? i didn't realize your heart could get syphilis! ( laughter ) >> hey! hey! hey! >> stephen: hey is for horses! >> respect the office! no one even knows who your guy is! 90% of americans think zachary taylor was one of the kids on "home improvement." ( laughter ) you know it's true! >> stephen: it was a fine show! ( cheers and applause ) >> i'm not saying it isn't! >> stephen: president harding was an early proponent of commercial aviation because, while harding was president, even he wanted t

let's discuss this now with cnn military analyst colonel steve warren and back with me, cnn pentagon correspondent barbara starr. so colonel warren, what about the language being used by mattis very carefully, in one context he did use the word attack, but he was talking about the u.s. defending ourselves and allies, south korea and japan, from attack, then later on is careful to use the word threat. >> sure. the word threat, you know, in military world can be interpreted a lot of different ways. we can use it in several different ways. it can be simply words, someone else threatening the united states or our allies, can be a threat. also if we see something more kinetic, see bombs or troops massing or things like this, that also is a threat. i think the secretary of defense was deliberately a little ambiguous there, right, it creates a little bit of uncertainty in the minds of our opponent in this case, the north koreans. but at the same time, trying to dial it back far enough so that we prevent miscalculation. >> colonel, it was a very short statement, he was very judicious about h

warren christian: yes.ell, this -- like jack said, this is something that we've felt for a long time. i think it's very clear, if you look at the context in which the monuments were put up, they weren't -- they weren't celebrating kind of benign war heroes. they were very clearly meant to be things that would intimidate black people and further white supremacy in the u.s. where i work, at unc, there's a prominent confederate memorial, monument, statue right in the heart of campus. and since i've been at the university of north carolina, i have wanted for that statue to be removed, and felt like speaking out about it, and now, finally, kind of got the courage to do so. i think jack and i, and along with our parents, it's kind of some mixed feelings, mixed emotions, about being direct descendants of stonewall jackson. it's not something that i, you know, widely share, outside of a very close group of friends. so this is really kind of a coming out, in a sort. and also, the -- i think the amy goodman: this is

so they turned to scottsdale, arizona, and realtor warren neal. >> this is one of the beauties about living in scottsdale, kay. >> now he specializes in finding homes for his clients to enjoy in retirement. when warren showed them this property, they knew the house wasn't perfect, but fell in love with the location. >> one of the things unique to this property is that it has both the golf course, the mountains, and a city view. >> was view important to you and your husband? >> yes. absolutely, because it's such an outrageously gorgeous part of the world. >> it is. >> we have dinner almost every night outside, al fresco. that was one of the big draws to this particular property. >> scottsdale is one of the top retirement communities in the country. and it's no mystery why. >> people don't come here to become couch potatoes. they become better golfers, better tennis players, ride their bike more often. >> beautiful scenery, top-rated golf courses, great shopping and dining, the area has pretty much everything you'd find on a retirement check list. you're a designer? >> yes. >> interior

testing after learning that sheila keen warren married the victim's husband michael warren in 2002. the victim's son was home during the murder and watched the clown drive away in a convertible. now saying of his stepdad, there is no doubt he was involved. however police are not saying that michael warren is a suspect. sheila keen warren is sent to florida where she faces life in prison and potentially the death penalty. maggie rulli, abc news, new york. alison: massive rock slide in california's yosemite national park leaves one person dead and another moments after the rocks came crashing down yesterday. other visitors watched the you are ror on fold. >> there were more rocks that fell off. it was like bombs going off. echoes through the valley. considered how far away it was, it was very loud. alison: minutes later a second set of the rocks came crumbling down. this comes in a busy climbing an a reminder mother nature is unpredictable. nancy: in north korea, denying claims by warmbier's parents that he was tortured. he died after coming home never coming out of a coma. he had ser

no word michael warren will face any charges. sheila keen warren is s still in virginia awaiting extradition to florida. this is bob barnard, we're dealing into another mystery murder case. the six-part series focusing on the housekeeper back in 2015. fox5 cribber sarah frazer is the host and you can check out a sneak peak right now on itunes or through the pod cast app. >> president trump is trying to fulfill another cam pain promise . he hit the road today to push for his tax reform plan he unvailed the details at the indiana state fair. the president told the crowd if his proposal passes it will become the largest tax cut in the country's history. we're going to cut taxes for the middle class, make the tax code simpler and more fairer for every day americans and we aring going to bring back the that have left our country. the president says his plan is pro growth, projobs, proworker and profamily. critics said the p has not explained how he'll pay for it and they fear it will increase the federal defenses the it. the president

warren: mr. president? >> madam from massachusetts. sen. warren: mr. president, i am surprised that the words of coretta scott king are not suitable for debate in the u.s. senate. i ask leave of the senate to continue my remarks. >> is there objections? sen. mcconnell: i object. >> objection is heard. the senator will take her seat. sen. warren: i appeal the ruling of the chair. i suggest the absence of a quorum. the clerk will call the role. >> mr. alexander. sen. mcconnell: senator warren was given a lengthy speech. she had appeared to violate the rule. he was warned. she was given an explanation. nevertheless, she persisted. host: really an incredible moment where politics and process and social media came into play. sunshine: absolutely. one of the things bill and i did this summer, as you mentioned, was to create content to include in the c-span teacher website, and this was one of the moments i chose for my lessons on senate rule 19.2, which is something i can assure you that in 17 years, my students have never been interested in, until now. that

no word whether michael warren will face we're told sheila keen warren still in virginia awaiting extradition this is bob barnard fox 5 local news. >>> coming up, president trump has unveiled his tax reform plan, so what does it mean for you? >> ronica cleary is breaking that down tonight. ronica? >> reporter: we're going to take you through the details that could very well affect your bottom line. coming up. jim >> plus a dc woman under arrest accused of assaulting a metro bus driver, the liquid she's accused of throwing at them. coming up next. coming up next. cannibal. >>> back with detain on breaking news out of fairfax county. this is in the 8100 block of gate house road in the falls church area, police are saying there does not appear to be threat to the public but evacuating an office building in that block right now for reports of a shooting. there are indications this could have been a suicide inside that building, we just don't know right now. still continuing to try to get details and we'll continue to monitor the developments. >>> still no word on what caused a fire at the ecuador

. >> warren buffett raises his stake in bank of america.e will be getting 30 plus million dollars more annually from owning a common than a preferred. speaks aboutihan the high stakes of regulatory reform. >> capital liquidity is important. >> all straight ahead on bloomberg best. ♪ >> hello and welcome, i'm julia, this is bloomberg best. your weekly review of the most important business news, analysis and interviews from bloomberg television around the world. last weekend hurricane harvey began to batter the u.s. gulf coast and the city of houston. on monday the big storm was the big story. ♪ floodwaters overwhelmed a swap of houston as harvey continues to inundate theheastern texas leaving fourth largest city in the u.s. with an unprecedented level of rainfall and crippling the energy industry. give us some perspective on how big this is for the industry? >> unprecedented. we are seeing places flood that don't normally flood. if you are familiar with houston that is a place that does not take water on well. in terms of the industry itself

warren, to help me deal. isn't that right warren? well, you could get support from thinkorswim's in-app chat. it lets you chat and share your screen directly with a live person right from the app, so you don't need a comfort pony. oh, so what about my motivational meerkat? in-app chat on thinkorswim. only at td ameritrade. so they called the fire, yodepartment for us.clearly, my first truck was on the scene within five minutes. i am grateful we all made it out safely. to protect what you love, call 1-800-adt-cares track tuned handling, and aggressive styling. the bold lexus is. lease the 2017 is turbo for $299 a month for 36 months. experience amazing at your lexus dealer. ♪ ♪ ♪ ♪ . >>> for months it seemed like the republican effort to repeal and replace obamacare. now that the senators come up with one last attempt to pass a new bill by the i know of september. this is the last month where democrats can't filibuster so what are the chance this thing can get the votes it need to become law? i'm skeptical. the market is starting to t

. >> warren buffett raises his state -- stake. and brian moynihan speaks about the high stakes of regulatory reform. >> those are the most important things for us. >> straight ahead on bloomberg last. -- best. welcome. this is bloomberg last, your weekly review of the most important reviews and interviews. hurricane harvey again to better the u.s. gulf coast and the city of houston. big storm was the big story. >> floodwaters overwhelmed houston as tropical storm harvey continues to inundate. perspective on how big this issue is. >> in terms of the houston damage it is unprecedented. we are seeing places flood that don't normally flood. in terms of the industry itself, we have started to see refinery in new -- outages ramp-up. we are seeing more and more shutdowns as the storm starts to hit major infrastructure in the region. >> we are at a production impact and refined products impact. and for the first time since the shale boom, we are seeing this impact for products for crude. i have a chart looking at gas prices. we saw a real

so if that bill could pass if warren's bill could pass then right to work goes away. what i wrote about in the seventh of of the labor's bill of rights is a legal theory that's been developing recently comes out of the seven circuit federal courts. a judge by the name of diane wood sort of found it and it's basically it's going back to the passage of right to work in the first place which is in the taft hartly act of one thousand nine hundred seven. which allowed this carve out and part of the problem with that is the tom right to work existed for decades and people used it to mean all kinds of things right people used it to mean what it sounds like it should mean like i have a right to a job and then it was also meant to be. by the right wing this sort of push you shouldn't have to join a union in order to get a job which is a framework that existed in a lot of contracts largely in workforces where the union trains workers and certifies their ability to do the job and then says look when you're under contract with us you should only hire union members that have been

erica and sarah, warren, you are the coolest person i know, warren littlefield, are you an artist. bruce, my god, how do i ever thank you. i wish you could write something for me because that is what you usually do and it is so much better than this. my directors, reed, barker, carrie, flooria and kate, but reed, especially for teaching me what it means to be. >> my brother, for being my best friend since the day were you born and my mother, you are brave and strong and smart and you have taught me that you can be kind-- (applause) >> announcer: ladies and gentlemen, please welcome emmy winner oprah winfrey. ( cheers and applause ) >> we've come to the final award of the evening and the dramatic conclusion to this celebration of the past season. the artists who brought their talents to these nominated programs have delivered seven exceptionally crafted and mesmerizing series. they are stunning examples of the smart, illuminating writing and producing that makes television the great survivor. here are the nominees for outstanding drama series." better call saul."" the crown." "the h

maureen warren was killed if years ago and now keen icted for the crime. she worked for the victim's husband and later mre them. she opened the door to find a clown carrying balloons and flowers and pulled out say gun and shot her in the face. >> the case was reopen in 2014 and new dna testing was done. >> the defendant in this case miss sheila keen warren has been indicted for first degree murder with a firearm. case is l prison andpotentially >> detectives did not say if they believe michael warren was involved in his former wife's death. >>> there is increased security today at a school in the bronx ter ay stabbing there yesterday. he is charged with stabbing and killing a fellow student in a classroom and then attempting to kill another. he was apparently the victim of relentless taunting and bullyin is 16 and in critical condition and the schl is bringing in metal detectors and random weapons checks from now on. >>> more than 120,000 people have fleed the area around a val cane oh in bali. is erupted in 1963 killing 1100 people and now they are told t

which is why i've been recommending it forever. >> moments ago you spoke to senator lelizabeth warren, democratic senator from massachusetts. she said something interesting about wells fargo. let's listen >> this is a company that from the very top has made it very clear, there's no accountability here this is not about serving consumers. this is all about, quarter by quarter by quarter, how to juice the reported profits that's what mattered at wells fargo. >> look, you're an investor in wells. what do you make of those comments >> yesterday on halftime, i think he sees the fed making a possible december hike the allure of this company's stock was always the cross selling. and senator warren raises a lot of questions about, what about the other banks that didn't do cross selling, how come wells fargo's numbers always looked better this is not a left or right issue. the outrage she feels, if you listen to the interview, that the federal reserve should feel. there was a culture. the sherman sterling report that they commissioned themselves, this was a culture that was pervasive of doing

. >> warren buffett raises his stake in bank of america. >> we will be getting $30 million plus morennually from the common and preferred. >> and brian moynihan speaks about the high stakes of regulatory reform. >> those are the most important things for us. capital, liquidity, things like that. >> it is all straight ahead on "bloomberg best." ♪ julia: welcome. i am julia chatterley. this is "bloomberg best," your weekly review of the most important reviews and interviews from television around the world. was in the u.s. gulf coast and the city of houston. the big storm was the big story. >> floodwaters overwhelmed houston as tropical storm harvey continues to inundate. fourth-largest. city crippling the energy industry. help us with perspective on how big this issue is. >> in terms of the houston damage, it is unprecedented. we are seeing places flood that don't normally flood. if you are familiar with houston, it has a tendency not to take water on fairly well. in terms of the industry itself, we have started to see refinery outages ramp-up. even after harvey hits, we are seeing mo

thurgood marshall and harry blackmun are two examples, but we have papers like oral warren -- oral warren -- earl warren, douglas, so we are the center for a scholarship on the history of the court. everypapers are consulted day by readers who are interested in how the court came to make decisions, what kind of insight they can gleam from the justices making these decisions. this is an example of one of the papers. earl warren, dated in may, something 1954. it is addressed to the chief, by felix frankfurter, an associate justice, and he said dear chief, this is a day that will live in glory. it is also a great way in the history of the court. -- day in the history of the court, and not in the least for the tip really -- for the deliberation which brought about the result. he was talking about brown versus board of education, which was a unanimous 9-0 decision that overturned legal segregation in the country. all of the justices recognized the importance of this case, which of course was overcoming the years of precedent set by plessy versus ferguson for legal segregation. frankfurter is c

warren buffett is looking at the u.s., and donald trump is looking at carnage. i would be about america first if it was removing us from foreign entanglement. with trump it's about protectionism. david: i don't think that's what he meant, but even though basically that's what the entire media is saying. look at headlines, trump shows america first is incoherent, with epithets and it goes on and on. i think the media really didn't get it. >> the media is spoiling for a fight. i mean, really, if chancellor merkel said that or president trump xi in china or prime minister in india said the same thing, no one would bat an eye. so it was the second half of trump's statement, and i expect you to do the same. what could be more common-sensical than that? and as far as protectionism, i'm a free trader and, but i don't see the protectism. i hear the rhetoric, but i don't see it in practice to the degree that john is worried about. david: and e-mack, it was a breath of fresh air to hear the president of the united nations, extolling the values of america. >> steve is righ

. >> warren buffett raises his stake in bank of america. >> we will be getting $30 million plus more annually from the common and preferred. >> and brian moynihan speaks about the high stakes of regulatory reform. >> those are the most important things for us. capital, liquidity, things like that. >> it is all straight ahead on "bloomberg best." ♪ julia: welcome. i am julia chatterley. this is "bloomberg best," your weekly review of the most important reviews and interviews from television around the world. last weekend hurricane harvey was in the u.s. gulf coast and the city of houston. on monday, the big storm was the big story. >> floodwaters overwhelmed

julie: yes, berkshire hathaway is the shareholder, warren buffett. they own 20% of the company. if you click on berkshire look at, you can take a the company's historical positions. it essentially, you have the revelation that berkshire had taken a stake back at the end of 2011. more than 50% since then, although they have underperformed the s&p, it should be noted. they have kept studies since 2014. one quick disclosure, the chairman of bloomberg lp, the parent of bloomberg news, is a member of their board. well, we will see if there is a response from davita.re hathaway or julie: the company has said they disagree with the entire model this report uses.