martin of into korn charged in the u.s. over diesel gate he is the highest ranking person to be charged in relation to the scandal and we'll get the latest from new york also coming up the justice for minors in south africa who contracted a deadly lung disease the year before hundred million dollars payout the largest class action suit the country is ever seen but for some it's already too late. this is your business update i'm going home free in berlin glad you could join us now former v.w. c.e.o. mart of into corn has been charged by u.s. prosecutors over the german carmakers efforts to cheat emissions tests on diesel vehicles prosecutors say he was told about the cheating as early as may twenty fourth tina was part of a cover up martin vin to call resigned just days after the scandal came to light in september twenty fifth the company admitted to fitting about eleven million diesel cars with devices to pass emissions tests the company later also admitted to using false statements to import cause into the united states in

executive shortly afterwards saying he had been unaware of any wrongdoing but the indictment says venter korn was briefed on the issue at a meeting at the company's voice book headquarters in july during that meeting engine development employees described how v.w. was deceiving us regulators including precisely what information had been disclosed and what had not yet been disclosed they also spelled out the potential consequences of being caught. for months president donald trump denied it now the white house then the white house backed him up but now a surprise revelation by trump's attorney rudy giuliani that the president was involved in a hush payment to pornstar story daniels raises new legal questions and presents a crisis of credibility for the trumpet ministrations. another day of presidential g.t.s. overshadowed by the scandal around porn star stormy daniels on terror alleged to fast with donald trump for legal aid rudy giuliani made an unexpected disclosure about a payment of one hundred thirty thousand dollars to daniels and just where it came from that money was not campaign money

martin venter korn may face civil penalties in germany for his role in the carmakers diesel emissions scandal the state may also qual back some of the millions he earned as the head of the w this comes after u.s. authorities issued an arrest warrant for venter corn the one time king of german industry it's been a long fall from grace. this is the village in munich where mountains into court has been living since he left fox falcon in twenty fifteen his v.w. c.e.o. he was the highest paid executive in germany not only has he been indicted in the united states there's also a warrant out for his arrest now on to german law however he can't be extradited still he is at risk and he was as i feel enters the u.s. he faces a rest before talking to other countries he'd have to check carefully whether they could detain him and extradite him to the u.s. . he's put the world's biggest carmaker back in the headlines car sales are strong despite the diesel emissions scandal v.w. has a large pile of cash despite billions in penalties but the risk is vince a con could drag him down again american all

of both swag and martin what are korn is normally at every match of german champions dire new nick but he didn't travel to the champions league game last week in madrid u.s. authorities have issued an arrest warrant for winterkorn for his role in the v.w. diesel emissions fraud. this is the village of munich where martin venter core has been living since he left fox in two thousand and fifteen as v.w. c.e.o. he was the highest paid executive in germany not only has he been indicted in the united states there's also a warrant out for his arrest now under german law however he can't be extradited still he is a risk. in. the u.s. he faces a rest before travelling to other countries he'd have to check carefully whether they could detain him and extradite him to the u.s. or. he's put the world's biggest carmaker back in the headlines car sales are strong despite the diesel emissions scandal p.w. has a large pile of cash despite billions in penalties but the risk is of intercon could drag down again american allegations of systematic deception at the highest level of g.w. have not gone unnot

escrita re rquiere que el vid retenga u abogado es algo costoso, nosotros en san francisco llegamos a la korn este sistema podrÍa beneficiar 8 mil casos pren dientes. >>> el presidente trump se reunirÁ con lÍderes politico de california para hablar de ciudades santuarios, alcalde de los alamitos, se entrevistarÁ con el mandatario en la casa blanca, este grupo es el mismo que se pronuncia en contra de lo ley de esta dos santuario. >>> rich mopped podrÍa ser la primera en todo el paÍs en prohibir nuevos contratos a compaÑÍas que vendan datos a agencias migratoria. consejo de la ciudad estÁ reunido para discutir este tema, vamos los con melissa hernÁndez que nos dice quÉ pasa en esta reuniÓn. >>> puede no les cuento que hace poco llegaron varias personas que participa ran en esta discusiÓn, informacion que guardan agencias de la ciudad como mi skwla lo que quieren que las compaÑÍa que ofrecen servicio a la ciudad y tengan acceso a estos datos no los compartan con ice, porque esto ha pasado anteriormente por esto, es que se abre una discusiÓn sobre este tema y lo que busca la ordenanza de contrat

i don't feel lik gave a totally clear answer about what the north korns are saying.is possible that the north koreans believe that denuclearization is a process that you might sta at this summit with president trump or soon there after. as opposed to what some hard liners, some people like the new national security advor john bolton might say which to them might mean ship all the nuclear material out of the country. smashphe infrastructure with hammers if you have to, basically scrub north korea free, clean of nuclear weapons, material, and production capability. there's a big gap between those two definitions. and we e going to find out soon whether it can be bridged. reporter: that was michael croli . teresa may and trump have agreed on talks abo tim packet on any new u.s. sanctions against iranr ain along with france and germany is worried that european countries arising in iran will e punished by the u.s. after withdrawing from the deal. they agreed on the need for talks on the issue. now, he is one of america's heroes a former presidential candidate who was tort

printer korn the former chief executive officer of the w. was accused of four counts of federal crimes in the united states one of conspiring to cheat the u.s. emissions system and three counts of wire fraud that he's using e-mail in order to achieve that he faces the big ten years in prison but he could avoid prosecution entirely simply by remaining in germany that is because germany does not extradite for crimes outside of the european union so he could simply remain in germany and that is what five lower ranking officials did when they were indicted they remain in germany and dieted by the u.s. but alluding prosecution to officials who did plead guilty in the united states from v.w. are facing hefty prison terms one of seven years one of three years the u.s. attorney general jeff sessions says this shows that the admissions cheating scandal in the u.s. occurred at the highest levels of the w. and he says it will be prosecuted to the highest extent of the law nevertheless vinter corn gets the final vote there he could avoid prosecution sim

but the indictment says venter korn was briefed on the issue at a meeting at the company's first book headquarters in july during that meeting engine development employees described how v.w. was deceiving us regulators including precisely what information had been disclosed and what had not yet been disclosed they also spelled out the potential consequences of being caught. or for more we're joined by did have is very. vinter cohen has been indicted formal charges have been filed by federal prosecutors in the u.s. so this is serious isn't it yes it is very serious as you said the very fact that formal charges have been brought forward. this indictment comes from a grand jury that means that there is factual evidence that vinda cohen knew more than he actually admitted so yes this is pretty serious what does it mean for him to call him personally is there a chance that he will actually go to jail well depends really where he is right now we have no clear idea of w. is not really forthcoming with telling telling us where he is if he's in germany he's safe should say because germany does

martin van der korn is now the highest ranking former v.w. official accused of a crime in the emissions scandal in the us going to corn the former chief executive officer of the w. was accused of four counts of federal crimes in the united states one of conspiring to cheat the u.s. emissions system and three counts of wire fraud that he's using e-mail in order to achieve that he faces the big ten years in prison but he could avoid prosecution entirely simply by remaining in germany that is because germany does not extradite for crimes outside of the european union so he could simply remain in germany and that is what five lower ranking officials did when they were indicted they remain in germany and died by the u.s. but alluding prosecution to officials who did plead guilty in the united states from v.w. are facing hefty prison terms one of seven years one of three years the u.s. attorney general jeff sessions says this shows that the emissions cheating scandal in the u.s. occurred at the highest levels of the w. and he says it will be prosec

or other communications in order to do that kind of a catch all but what this means is that victor korn faces some very serious charges and also means it. continues with this scandal that it hoped to put behind it after two thousand and seventeen when it pleaded guilty to u.s. charges of cheating on emissions on six hundred thousand vehicles and after paying a four point three billion dollar fine it was an interesting scheme in which the company did this they managed to put software into the cars that could detect whether they were really driving on the road or whether they were just driving on a dynamometer which is the machine used to test the equipment in place if they were on the roads they emitted thirty five times the pollution they did if they were being tested so venter corn faces some various very serious charges here in the u.s. and one of seven people indicted today and there are a number of people who have been indicted previously lauren and what kind of penalties might they face. well that's interesting because we have two people who have a pleaded guilty in this case one o

china's top trade official, senator john korn and says we need to be tough on china. >> that is the fact that china is a serial cybertheft from a thief i should say when it comes to property. this is international complications. drink the trump administration wants to protect intellectual property. the u.s. wants china to remove terrorist to u.s. companies. finally the president wants a reduction in the trade deficit of at least $200 billion by the year 2020. the democrats as you can imagine that support the president. >> he talks a big game on china and yet this weekend on the toughest thing he did provoke the chinese made them think we were serious. the president back off. >> is referring to the tree we made that will help zte. crippling sanctions in place those of us can't telling u.s. technology to north korea and iran and light. sources say the president wants china to remove tariffs on agricultural products and they will help zte survive as a company. wilbur ross that is china's largest customer they need us more than we need them. back to you. cheryl: also following this. two of t

printer korn the former chief executive officer of b.w. was accused of four counts of federal crimes in the united states one of conspiring to cheat the u.s. emissions system and three counts of wire fraud that he's using e-mail in order to achieve that he faces the big ten years in prison but he could avoid prosecution entirely simply by remaining in germany that is because germany does not extradite for crimes outside of the european union so he could simply remain in germany and that is what five lower ranking officials did when they were indicted they remain in germany and dieted by the u.s. but alluding prosecution to officials who did plead guilty in the united states from v.w. are facing hefty prison terms one of seven years one of three years the u.s. attorney general jeff sessions says this shows that the admissions cheating scandal in the u.s. occurred at the highest levels of the w. and he says it will be prosecuted to the highest extent of the law nevertheless vinter corn gets the final vote there he could avoid prosecution sim

one of the concerns i have is that the world has been so rivetted on the north north korn drama meanwhilegressed step by step in militarizing the south china and trying to intimidate the philippines, vietnam, indonesia and other countries in the region as well as the united states. arthel: garrett tenney with more. garrett, a lot of entangment there. >> the white house is feeling optimistic after initial rounds with china, china will buy more goods and services and significantly increase import of american agriculture and energy, this is part of a larger effort to reduce the u.s. trade deficit with beijing and that trade deficit currently stands at around $375 billion. on friday, administration officials suggested this new agreement would cut that by more than half. however, today white house economic adviser larry kudlow said it's rough estimate and progress is extremely encouraging. >> they are offering to make structural reforms such as lowering tariffs and lowering nontariff barriers which will permit us to export, you know, billions and billions of more goods to china. >> complicatin

dip lope korn officials today. just after the south korean and north korean leaders met yesterday. so the wheels are in motion. the question its what can actually be achieved. but what they can do is possibly get the summit to happen and a face to face conversation to begin. and it looks like president trump really wants that to take place, june 12. >> we have a chance to see release of an american, joshua holt, held for two years, venezuelan prison. handed over high level talks between the president and u.s. lawmakers. what does president trump gain by bringing an american like him home. >> president trump campaigned on the idea of bringing home americans, who are held prisoner or hostage abroad. and he so he is not getting credit for it. he said yesterday in the oval office, we know in this particular case of joshua halt, that it was a surprising positive development to have this release occur in a week when otherwise a tough one between the u.s. and venezuela. the administration tight end sanctions, really condemned their election calling it a false election, that elected moduro

moon if we talk more with the united states trust them, hasome kind of declaration on end iing the korn war why should we have a nuclear weapon and suffer i think for the first time, the north korean leader. the fifth one i'd say -- in the test. they afwreeed that deck la races but never kept those agreements. that we find north korea. but this time, it was kim jong-un who raised the issue in the past we have adopted the so many agreements and declarations, but they would never implement. this time so that we'll have the face. that's a very interesting document on the part of north korea. in the past, they adopt deck la la rations. the scheduling of events. this one in may. download many talks an cross talks and those three talks will be continued. and he'll be visiting pyongyang. very specific in terms of scheduled. and wii will say that the interesting aspect that really differentiates coming from the other two summits. if you get this b kind of differences, you can come up with in a conclusion that the some are different from the past one. going back the senator markey's point. devil

taylor: officials are still moving ahead with plans for president trump's historic meeting with north kornxtonth. still, he is expressing as an is and that the meeting wiltake plac the sticking point is the issue of whether north korea will give up its nuclear weapons. union lawmakers are unhappy that facebook ceo mark zuckerberg left member of austin's unanswered. soderbergh -- a number of questions unanswered. european parliament president called it "only a start." >> we want the respect by the different companies of the rules of the european union. this is our engagement. we will work in defense of our .itizens taylor: one of the questions breast a side was whether he thought facebook should be broken up. american author philip roth has died. roth looked at post-world war ii .merica philip roth was 85. global news 24 hours a day, on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i'm taylor riggs. this is bloomberg. francine: thank you so much, taylor. a decade on from the financial crisis, the u.s. house is approved sweeping

her son charles the prince of wales gets his own source of income around $20 million per year from korn for the 600 guests to begin arriving that's east coast time 5:00 a.m. >> she keeps 15% of her income from -- 85% goes to the government i mean, that's like eisenhower days >> it's a very high tax. that's progressive >> sounds pretty good, about right? >> yeah. i'm on board with that what do you think? >> you're lying. you aren't you just feed me, don't you? >> i try >> she's doing okay though she's doing all right. >> yeah. she's doing just find. >>> in a statement, robert lighthizer said the nafta countries are nowhere near a deal there are gaping differences on intellectual property, agricultural markets, de minimis levels, energy, labor, rules or origin, indications and much more also on trade china denied it offered the u.s. a package which would cut the trade surplus by $200 billion u.s. officials had said yesterday that china was proposing just such a deal however, a spokesman for china's foreign ministry did say that constructive discussions are still taking place joining us no

martin of into korn charged in the u.s. over diesel gate he is the highest ranking person to be charged in relation to the scandal and we'll get the latest from new york also coming up the justice for miners in south africa who contracted a deadly lung disease the over four hundred million dollar payout the largest class action suit the country has ever seen but for some it's already too late. this is your business update on how the humphrey in berlin it glad you could join us now former v.w. c.e.o. mart of into corn has been charged by u.s. prosecutors over the german carmakers efforts to cheat emissions tests on diesel vehicles prosecutors say he was told about the cheating as early as may twenty fourth tina was part of a cover up martin been to call resigned just days after the scandal came to light in september twenty fifth the company admitted to fitting about eleven million diesel cars with.