música] [música] [música] leonel farias: hola amigos, aquí está su amigo leo farias de stoneridge chryslerodge ram de pleasanton; aquí tengo este 2014 jeep rubicon, locutor: 2014 jeep wrangler rubicon, para todo terreno y todas tus aventuras. leonel farias: si te gusta este jeep rubicon, llama al número en la pantalla y pregunta por su amigo, leo. locutor: 2015 chevy camaro rs, llama ahora. lram, tenemos de todas slas marcas lujosas como estee 2016 lexus rc200t. locutor: este honda accord no te va a esperar, 2016 auto compacto con bajas millas, llama ahora y haz tu cita. leonel farias: amigos, aquí me llegó una señora con nada de crédito, pero tenía un poco de enganche, su itin, y su trabajo era su crédito, y se llevó un 2016 dodge charger como este. locutor: este 2016 dodge charger es muy divertido para manejar, viene con su cámara de reversa, y está disponible en varios colores, llama ahora. leonel farias: 2016 doereversa, y está disponible en varios hombrhombre: wow, uconnect. hombre 1: bluetooth. hombre: pantalla táctil. hombre 1: de 8.4 pulgadas. [música] hombre: lo quiero, me lo llev

he was seen driving a white or silver dong or chrysler -- dodge or chrysler. >>> california is in the 113th straight month of job growth, tying the expansion for the longest on record. the state's unemployment rate dipped to 4.1%. that's a record low. >>> on wall street the dow gained more than 300 points. the nasdaq closed up 129 points and the s&p gained 41. >>> it may sound hard to believe, some bay area home prices were lower in july. the san jose market saw prices drop 3% and oakland more than 2%. the bay area remains the most competitive market in the nation. >> this house shines the best at night. >> donald and his wife are selling their home in san jose and moving to idaho. >> you are on pins and needles. >> prices have dropped the market has seen the second biggest drop nationwide. prices are 3% lower than last year. >> it takes more effort to get a house sold. >> the real estate says buyers are more picky. >> they are asking more, getting a locker time to do the inspection. >> across the city line in santa clara this realtor lowered the price by $125,000. >> things under a m

meanwhile, fiat-chrysler had no comment. john? >> dean reynolds in chicago. >>> we have an important update related to a huge air bag recall we've been covering that involves 10s of millions of vehicles. it turns out some of the replacement air bags are now failing. today toyota announced it is recalling 135,000 cars in the u.s., including 2003 to 2008 corolla sedans and 2005 to 20ma tricks hatchbacks. for a full list go to cbsnews.com/recall. >>> turning to overseas today, british prime minister boris johnson made an extraordinary move to force through his brexit plan. he got parliament suspended until mid-october. elizabeth palmer reports on the outrage that followed. >> reporter: just when it looked as if brexit's exit from the european union couldn't get any more volatile, it did. these protesters are outraged by boris johnson's move. >> i am answering. >> order, order, order! >> reporter: after months of dysfunctional wrangling by parliamentarians over the terms of brexit, the prime minister appears to have had enough. he's d

meanwhile, fiat-chrysler had no comment. john. >> dickerson: dean reynolds in chicago. we have an important update related to a huge air bag recall we have been covering that involves tens of millions of vehicles. turns out, some of the replacement air bags are now failing. today, toyota announced it is recalling 191,000 cars worldwide, including 2003-2008 corolla sedans, and 2005-2008 matrix hatchbacks. for a full list of the recalled vehicles go to cbsnews.com/recall. now turning overseas, today, british prime minister boris tuhnson made an extraordinary isve to force through his brexit plan. he got parliament suspended until mid-october. elizabeth palmer reports on the d.trage that followed. >> reporter: just when it looked as if brexit's exit from the european union couldn't get any bumpier, it did. these protesters are outraged by boris johnson's latest move. a i am answering. i'm telling you-- >> order! order! order! >> reporter: after months of dysfunctional wrangling by parliamentarians over the terms of brexit, the prime minister appears to have had enough. he'

car maker chrysler celebrating it as a match made in heaven. but the 2 company's culture and philosophy were completely incompatible the project failed ultimately at a cost of around $40000000000.00 euros the vision to be an expensive illusion. and consumers believe their diesels were environmentally friendly intil it turned out that emissions test said been manipulated and the vehicles polluted bunch more than was claimed. an illusion driven by fraud. and how about the rest of us honestly we love illusions at least at 1st nothing pulls us in like a well made illusion. advertising consumption financial markets a large part of the economy is based on illusions. and today we sit in our caves or at least in front of our screens voluntarily but before our illusions shatter we'd better leave the cave and seek out reality. well sometimes we want to escape reality and what industry helps us do that better then the movie business thrives on the lucian's and today digital technology can create a perfect illusion of reality gone are the days when an acto

marked the symbolic start of contract w talksh automakers by shaking hands with the leaders ofgm,fiat chryslernd ford, he said the negotiations would be all about getting more for members. but the fbi's expanded investigation of corruption at the uaw is now hovering over these talks, especially after fbi agentss raided gary jones' home looking for information about corruption a the union. over the last two years seven people including former uaw leaders have been convicted of receiving pay-offs from vendors of training pgrams. after the fbi raid, the union issued a statement sayi, the uaw will continue to cooperate with the government in its investigation as we have been doing throughout. but with more uaw leaders being questioned about corruption,bo will it impact how union members respond to contract offers? many rank and file members are frustrated with the big three. gm workers in particular are not happy the automer idled plants the u.s. while billing the newla chevy bzer at a plant in mexico. it's been more than 20 years since the last extended strike by the uaw, and few of the workers w

. >>> strong sales of pickupks trushed fiat chrysler past past estimates.pany kept its full year outlook intact and shares rose more tn 1%. >>> missed quarterly estimates due u toavorable weather conditions and declining demand, particularly its flagship brand alcoors light. , the brewers ceo will be retiring in september and will be t replaced by head of the s. subsidiary miller/coors. . >>> blooming brands missed revenue target as they saw a decrease in same-store sales at out back, bcarrabba's ande fish. >>> after the bell qualcomm posted results, beating but missing on revenue. shares initially d after hours trading. they closed the regular session down more than% to 73.16. >>> companies are on pace to buy back a record amount of their own stock this year, and according to a new report from goldman sachs theost of buybacks has started to exceed company's free cash flowimor the first since the financial crisis. >>> meanwhile, today in washington a new proposal from a prominent senator want share repurchase programs to directly benefit company eloyees. yl

thousands of people in detroit are using a city program to apply for jobs at a new fiat chrysler assemblypeople who live there an exclusive 30 day window to ami for 4900 jobs. it's part of an agreement with the city. detroit's unemployment rate is more than twice the national average. >>> people could receive a payout following a class action lawsuit. owners of ford and lincoln vehicles have complained about defective touch multimedia systems for several years. according to the website top class action, ford set aside $17 million to settle the lawsuit. the money will reportedly go to the owners of 360,000 ford and lincoln vehicles purchased or leased between 2010 and august of 2013. >>> and raised to a second weekend win at the box office. >> we're going for a ride. >> the fast and furious spinoff starring dwayne "the rock" johnson and jayson tatum brought in $25 million. sources "tell in the dark" took in more than $20 million. and disney's live action remake of "the lion king" raked in $20 million in the fifth weekend in theaters. >> people love the "fast and furious" movies. thank you

as a massive advantage in the future the trucker wants chrysler. join me every thursday on the alec simon show and i'll be speaking to guest of the world of politics small business i'm show business i'll see you then. when the old. manufacture consent to public wealth. when the ruling classes project themselves. in the final merry go round be the one. to ignore middle of the room sick. anymore you leave. me. give me my big cup with me said. out loud. there's enough. but i'm also the most companies he knows. when i meet. his company get almost home piano screaming nobody goes from didn't you know it's risky to say he is pro you sure. someone. you see him a little you i don't like this. little kid is he to. always stay. up to your list. because he. again you with the italian prime minister you said become has resigned after a year of tensions in the sleaze ruling coalition he had been threatened with a vote of no confidence by the country's interior minister on both lashed to each other in parliament. well you got don't want freedom is not about havi

that's why chrysler went to mexico, they want to pay three dollars an hour down there. 75% of these illegals coming here are young men. they're coming here to be construction workers. they are nice people, but they are taking our jobs. host: do you blame the employers who are willing to do that or the folks who are coming here illegally? caller: something has to be done. it has to stop. we are going to lose all our jobs. you're talking about 12 million people? it's 30 million people. that was figured out already. it's no 12 minute people. guest: he's hitting the nail on the head with the displacement of workers. the construction industry is done largely by americans and some legal immigrants. it's not that we need more illegal immigrants to do this work. we have enough workers who can do it and we have other ways to get things done. this is all about profits for the builders. those homes that are built by illegal alien labor don't get any cheaper because the builders are using illegal labor. americans are getting displaced from jobs that they can support a family on. these are not jobs ameri

and i'm a chrysler both falling more than 3 percent on friday and jumping from the continent to the u.k. the footsie in london is also up for the week despite a one percent fall on thursday after minutes of the last federal reserve open market committee meeting in the united states were released in the americas starting in colombia the coal cap is down for the week following a familiar pattern that exchange fell by nearly a full percentage point on thursday and brazil the best buy is down for the week as well and as a reported early earlier the vaunted trade agreement between the e.u. and marcos or the brazilian president so narrow and argentine president will reach a magri achieved seems very much in doubt after anger in europe over mr bolton are as failure to prove. the amazon rain forest and mr makki surprisingly poor performance in a presidential poll rolling into the homestretch in north america all 3 major new exchanges us exchanges down for the week not much of a surprise after recent events all 3 down by more than 2 percent for friday as we prepared to go to air with the tech he

the new screen is going to be as displayigger than the and the chrysler ram pickup. won an exemption for 10% auto tax and chinese sales. the company today also raise prices by 2% in china as trade tensions weigh on the country's currency. joe: just how clean is clean energy? the new issue of bloomberg businessweek takes a look at the raw materials used to build the batteries that will power electric vehicles, and their green credentials. the 20th century was the age of the internal combustible engine, the 21st century was belong to the battery. my 2040, the majority of cars will be powered by batteries. use farl miss far -- fewer pollutants than gas guzzlers. lithium is a water guzzler. cost. not be worth the the industry would likely opt for pumping saltwater underground to extracted. boosting energy density to let electric vehicles travel faster and farther. in indonesia should keep a steady stream. cobalta -- presents an ethic problem, but there are terrible conditions for miners in congo. some of the workers are as young as four years old. that story is part of a

in one incident he was seen driving a white or silver dodge chrysler many dad van.mation about this man give police a call. >>> quick work of a brush fire that burned dangerously close to a subdivision. it was a three alarm fire reported before noon yesterday. it was another day of hot weather, firefighters say that there was a lack of strong winds and that help them to get a handle on it. crews are battling a larger fire outside of mariposa, this is video taken last night. at this point the fire has burned 1300 acres, the fire is 5% contained. people who live in the area have been told to prepare for evacuation, so far no structures have been damaged. >>there is an effort underway to make sure san francisco unified school district students get to their campuses safely when classes begin on monday morning. the mayor, police chief and supervisor were at the middle school friday discussing what the city is doing to ensure pedestrian safety. the city has designed streets to reduce traffic speeds and increase visibility of pedestris and bicyclists. there also putting in

he was last seen driving a white or silver dodge or chrysler minivan the black rat top.ake you outside for a look how things are doing at sfo. no delays there we'll be right back. welcome back to kron 4 morning news, good morning, everybody and a little shot of sfo here we have no delays going on did have some fog this morning a little bit look at bethel island, nice blue skies. >>and temperatures a little bit more modest than what we see now the cool down is not being felt everywhere across the state central valley still going to quit plenty toasted 100 fresno 99 bakersfield but mid 60's for central coast, 71 for l a x and 73 san diego but check out this marine layer ebbing and flowing here comes back the fog as you see by tomorrow morning. maybe some coastal sprinkles can't rule that out, but it makes pretty good progress all the way into early next week which this little cool down will linger until let's get to it though your 4 zone forecast temperatures reduced though 67 san francisco at the coast. we've got lower 60's 63 pacifica daly city about 65 73 per burlingame

chrysler,ler, -- fiat ford, and gm no longer report monthly sales figures.lon musk is warning the outlook for tesla in india remains gloomy. he tweeted that import duties are extremely high and make s unaffordable. shares have fallen about 30% so far this year. mobile 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. paul: thanks, jessica. he'll to come, we keep talking trade with the china beige book president at the bottom of the hour. sophie: up next, that's on more rate cuts -- bets on more rate cuts after president trump's tariff salvo. this is bloomberg. ♪ counting down to the sydney, just under two hours away. we have futures pointing weaker by a shade under a quarter of 1% after what turned out to be a pretty wild session in the announcement of more tariffs on china. i'm paul allen in sydney. are watching daybreak australia." paul: president trump's tweets boosting bond markets. jay powell did not signal any imminence for further rate action. does today's news change the

fiat chrysler is up on the news that there are still talks with renault about a possible tie up. german 30 year, we saw that auction earlier which turned out to be a bit of a damp squib, the first 30 year offering with a zero-coupon. finally, we should be able to show you the stoxx 600 over the course of four days. you can see a nice gain over those four days. three of those days you have seen gains greater than 1%. if the s&p 500 grinds higher today, it will also do the same. guy: thank you very much indeed. we are just getting to breaking news with regards to brexit. a french official coming out and saying that a no deal brexit has scenario. the central remember, boris johnson is meeting with angela merkel. we are expecting a press conference between those two at around 5:30 this evening london time. boris johnson apparently telling officials recently that they've got a few days, and then they are going to cut off communication with the eu to focus on no deal brexit planning. the pound trading close to session lows. vonnie: back with michael crook now, head of americas investme

for what he is doing with chrysler. he had a lot of problems in italy. he is not loved at all by the italian trade unions. if i look at the italian see privileges that are almost impossible to eliminate. i could make you a long list of privileges of the trade unions. i heard similar things in your speech. my question finally is this. in case a republican will win the race for the white house, do you think they could somehow change the situation you have described in your speech? tothey have any program indicate? mr. factor: i hope so. are very good republican candidates. they are very good conservatives. they believe in freedom and values. i have not seen enough about them in terms of their belief in the union issues and the government employee unions. keep in mind. less than 7%ng at of the workers that are government employee unions. it is a very small and not of people -- small amount of people compared to the united states but the amount of power and influence they project into politics is astounding. they do it all from behind closed doors. we go int

is up a story that rental and -- that lt and fiat chrysler are still talking.up 16.8%. luxury stocks up. u.k. up byt of the 4.8%. that is look at the european close. vonnie: we had equity market trading yesterday before the fomc minutes today and jackson hole later on this week. more tweets and trade headlines from the president. today we are seeing a nice bounce. a little bit of confidence in the consumer, confidence in trade. 29 point 25 on the s&p 500 target. up 20%. aflac with unusual policies in japan. it is the worst performer in the s&p 500. crude has erased most of its gain after the inventories showed twice as big of a drawdown as the market was anticipating. let's have a look at the bond universe. the 10 year yield at 1.57. bit of the safety trade as well. the dollar is higher versus the yen. 1.0 647. the euro taking a little back from the swiss franc. 10889. let's talk about -- guy: let's talk about what is happening with brexit. the pound is down but not that much. the british prime minister boris johnson is on his way to berlin to meet angela merke

the guy has an eager the size of the chrysler building. please take another vacation.one, word, mark, no! i'm not going anywhere. they keep calling me fat! i am vulnerable. this person emails: is it working? [laughing]. and then jim: i don't remember doing that nor would i. i am hard of hearing and a lot scattered braden. -- brained. if i was rude maybe you thought i was sean hannity. just kidding. sean is saying what? when you criticize the president, i'm not thrilled. but a journalist who every criticizes the president is as bad as those who always criticize him. mark sent me email: >> well, i have no reason to be mean or cruel anymore than fawning or gushing. i have no agenda. it's not about being pro-trump or anti-trump. just calling balls and strikes and sticking to the fact. that's what i try to do. this person emailed: [laughing]. the way i see it the presidents get the blame for bad things and should get a tip of the hat when good things happen too. fair and balanced. see where we are going? chris: >> [laughing]. >> chris: >> neil: what do you mean i am not a g

: this is a response to gm uaw represented workforce has now slipped to number three behind fiat chrysler and for. this is a huge development. this is the company that decades ago was not only the largest employer in detroit but the largest in the country. now it is number three. trump taking note of that and coming after the company, saying maybe they need to move back to america. david: deliver on those jobs he promised. thanks to craig trudell. now let's go back to jonathan live in in miami. there are a lot of orange groves in florida. jonathan: there are, indeed. as much as 60% of orange groves could potentially be affected by this. we have seen the reaction in the price of orange juice. this could also be a huge real estate story. some of the highest value real estate in the united states is right here along the east coast of florida from miami up to palm beach, and right on up to jacksonville. we have to see where this hits and assess the damage. david: there could be a lot of property damage. a lot of insured homes down there. we saw movement in the stock of some reinsurers on this

he was last seen driving a white or silver dodge or chrysler minivan and has a black rock on the top. police say they think there are additional victims out there anyone with information on this man is as to contact the leo police. >>happening tomorrow bart will begin repairing tracks in the east bay and the work is expected to lead to major delays repair start tonight and will last through monday morning but will be shutting down trains between walnut creek lafayette and or renda and providing buses instead crews are replacing 50 year-old tracks and performing other upgrades as well, the agency is bringing in a large crane for this construction work which will force caltrans to take 2 lanes away along eastbound highway, 24 near the bart station. our delays could take up to 40 minutes and those driving eastbound on 24. delays could be as much as 30 minutes. >>during the week out the top are deaf and to a couple of it earlier. i'm definitely an inconvenience term. the way that most of us getting to work so happy they're >>bart riders we're upside but repairs begin tonight at 11 o'clock

they were seen chasing a chrysler minivan with a black roof rack. >>> also a warning about the water, 15 inch pipe ruptured early this morning. the break flooded several cars, knocked out service to nearby homes and apartments and a hotel. the city said over the next 24 hours customers in the area might notice that their water is discolored and/or cloudy. it may also taste different. if that is the case, they should turn on a hose or tap into the water runs clear. the water department is also distributed bottled water to impacted customers. repair work is still going on. the city hopes to have it finished by 9:00. >>> taking a live look at the golden gate bridge it's been over a year since work began. yes a new study feature. work on the new steel suicide prevention lending is expected the iconic span as a way out. wait nearly 1700 people have jumped to their deaths since it opened in 1937. >>> as that work continues that the feds want congress to doesn't need a three digit number for the national suicide prevention hotline. the fcc is recommending the number 988 because it is shorter

we know nine people were charged, eight convicted including eight fiat chrysler workers.g dues for inappropriate expenses improper ways. the contract being negotiated, why the workers are so concerned, in mid-september their new four year contracts come up and, this is sort of a turning point. now you have got the president in hot water as we said, not arrested yesterday, but certainly not in a good position. charles: one of these things where, the tide has turned dramatically in this country against unions. then you have a supreme court ruling that says they don't have to be part of a union. you wonder how much of an impact will it have? will workers still be compensated the way they want to be compensated if the unions lose anymore power. >> that is a big question. specifically in this industry, they are powerful with what they know. charles: contentious fights between management and the uaw. they drag on. they're bitter and so it's, we always brace for that. if you're leadership is under fire like this? >> interesting i've been reading statements from different workers

he was last seen driving a white or silver dodger chrysler minivan with a black rag top. rac top rather police believe that there are additional victims out there so anyone with information is being asked to call police. those one of those toasty nice days as we look at the embarcadero on this finally a friday if you're at the coast, you really felt the cooldown today inland areas in the bay area. >>maybe not so much, but their terror is coming chief meteorologist lawrence karnow is here you could tell it was a a little bit less oppressive but still hot from >>so the 10500 to killed a 101 degrees as it works to bay area so still hot spots, but looks like finally that big ridge of high pressure that brought the record breaking heat is starting to weaken somewhat a move to the south you can see now suddenly surge of fog is developed that would usually see after one of these heat waves and we're seeing that now fact that fog making its way into the bay late in the afternoon that really up to drop the temperatures with the sea breeze kicking in some of these numbers down a go

with not only gm but fiat chrysler. that was the resurgence of the big pickup truck.we are back to the time when take us are contributing to profitability. all three of the u.s. automakers are doing quite well in that pickup truck space. we also have new pickup truck product. a lot of times, when you come back and feel it back, people buy new cars. you have a new product to offer, that makes a big difference. caroline: gm had been trading higher until that tweet came from president trump. how much is china a risk factor to these u.s. auto companies? the sector in general? stephanie: it's a big problem in that they are selling their. ford and gm are going through here. it shows up in the equity income. they are both global automakers. inn you have one region difficult straits and another doing well, you are in a more difficult situation. answer to hown these were affected. romaine: when you look to have , where do youend think we will end up and what sort of obstacles do you think will be in the way to achieve that target? lowernie: it will be 2.6% . we don't see a lot

moving behind ford and chrysler in terms of union employees here in the u.s.do you i can make of that response? >> gm being closely tied to gm is it. they sell more vehicles there than they do in the u.s. one of their models is a prestige model there. they cannot really move out unless they want to slit their own throats. gm made a lot of mistakes over the years. they have a lot of work to do. they know they are trying to do it. not an option. connell: didn't impact the stock. nobody read much into the president's tweet. on twitter itself, breaking story that jack dorsey, ceo of twitter, was the subject of a hack. we don't know how it happened, who was behind it, but that does bring up larger issues? people talking on twitter, about the president, for example, the governments, other people, there is official statements that come on twitter from so many people that, boy, security there is a bigger concern than wobbles where, right? if the ceo can get hacked, what about the rest of us? >> government has been hacked. government records were hacked by china severa

now you see gm along with ford and chrysler trading lower let's look at shares of tesla. the reason tesla has turned negative is because the concern is this is a company that's building in california exporting to china and yes, they are building a plant in shanghai it will be up and running later this year, but until then, they are selling u.s. made vehicles in china >> looks like we lost phil's uplink there so we're going to take a quick break. up next, the trade iing nation a will tell us about the one sector that could be the key to the market's next move i bet they didn't plan on what they're going to be talk iing about an hour ago. energy getting slammed as trade tensions rise adding to the pain the sector has seen this year and a top anysalt will tell us what's next on that. ♪ let's go! ♪ ♪ ♪ ♪ ♪ they have businesses to grow customers to care for lives to get home to they use stamps.com print discounted postage for any letter any package any time right from your computer all the amazing services of the post office only cheaper get our special tv offer a 4-week trial

eight people have been convicted in an investigation of union officials and fiat chrysler executives student accused of planning a mass shooting. police arresting 19-year-old paul's temper at high point university in north carolina for allegedly plotting to shoot up the school. law enforcement releasing a photo of one of the two weapons allegedly in his possession. he also reportedly had a 9mm handgun. possible new victim as investigators in west virginia try to figure out why some 11 patience have died under suspicious circumstances at a veterans hospital in that state. according to "usa today," retired air force veteran george chasse case has been ruled a homicide. official saying he did not die of natural causes, as the family had originally been told. doug mckelway has more on the suspicious death. >> the hippocratic oath says first do no harm but investigators say what someone did at a va hospital in clarksburg west virginia was murder. potentially as many as 11 patients. suspicion arose last year when authority is as the daughter of 82-year-old army vet felix mcdermott if they

toyota, fiat chrysler and general motors were all then summoned to the white house in an attempt to keep them wit the president's proposal and away from the plan to keep emission standards low in california. governor newsom said one of these three holdouts is considering joining the california pact. right now, all of the auto names we talked about are higher. to hillary vaughn, live right outside the u.s. trade representative's office in d.c. give us the scoop. what's happening behind closed doors? reporter: liz, we just saw about an hour ago, japan's economic minister personally greeted by u.s. trade representative robert lighthizer. they stood outside talking for a few moments about the weather. it's a very hot day in washington, 90 degrees, but lighthizer said it is good golfing weather, if you're on the green and have this slight breeze. they have been talking over an hour, not about the weather, of course, about this mini trade deal they are considering. this is not a renegotiation of the overall trade relationship between the u.s. and japan, but more of a mini deal that would be a

fiat chrysler, also a big loser. european markets for the most part are opening higher. this comes as another tumultuous week of trade uncertainty draws to a close. could be something of a bounce. ofning us now, the cia of global equities at allianz global investors. do you think what we are seeing is a little bounce after so much concern over plummeting yields this week? >> in short, yes. change is not going to the trajectory of what markets will be doing and after a difficult week, you get a little bounce. we are still in for a bout of volatility. it is that time of year but on top of that, you got the volatility caused by the trade uncertainty and uncertainty over what the central bank will be doing. we anticipate a lot of volatility. matt: when you look at the inversion of the yield curve, and historically it looks like a pretty good predictor of recessions, does it look like that will be true again this time or do you think things are different? both ways.an argue things are different in some ways because even the central bank suspension in bond markets, but at the

the investigation already led to convictions of five people linked to the uaw and fiat chrysler executivesnnell: quite a story. quite a story. bracing for dorian, meantime life-threatening flash flood situation as it takes aim at virgin islands and puerto rico. we are live, tracking the storm's path. is a stark reversal, the brazillian government will now accept for rip aid to fight fires raging in the amazon. there is a catch however, and that's coming up. ♪ we trust usaa more than any other company out there. they give us excellent customer service, every time. our 18 year old was in an accident. usaa took care of her car rental, and getting her car towed. all i had to take care of was making sure that my daughter was ok. if i met another veteran, and they were with another insurance company, i would tell them, you need to join usaa because they have better rates, and better service. we're the gomez family... we're the rivera family... we're the kirby family, and we are usaa members for life. get your auto insurance quote today. i'm looking at that truck! wow! that's awesome! this labor

we also reached out to fiat chrysler, that is the last of the big three, detroit three i should say.dn't hear from them today. they were not singled out specifically by the president. they said you know what? we're not getting involved in this. no comment. melissa. melissa: iron kick, california is liberal, they have the biggest carbon footprint when it comes to cars. everybody has 12 cars they're driving everywhere. gradedy, thank you. connell: sounding the alarm on vaping. new details from the cdc on dangerous health issues linked to vaping. apple's latest and greatest products could be ready for release and the company maintain its reputation in the smartphone world? new details ahead. ♪ what do you look for when you trade? i want free access to research. yep, td ameritrade's got that. free access to every platform. yeah, that too. i don't want any trade minimums. yeah, i totally agree, they don't have any of those. i want to know what i'm paying upfront. yes, absolutely. do you just say yes to everything? hm. well i say no to kale. mm. yeah, they say if you blanch it it's better,

but we do know there was a big kickback scandal at fiat chrysler a couple years ago involving these same kickbacks now the uaw has always had a squeaky clean practice in reputation so something's going wrong here. that'sgoing to throw a big wrench into all these auto talks going on just at the time when trump is coming in and trying to disrupt trade flows and globalization that, guess what, were not going to be disrupted any just as phil said. >> so let me ask you both before we go about tesla. the headline today is that they are going to be exempt from some tariffs in china phil what, do you read into that >> well, it's not just tesla tesla gets a lot on the news and when this first came out, a lot of people said, wow, tesla is getting their tax waived in china. well, all electric vehicle purchases will have their tax waived in china. certainly it's good news for tesla. look, the chinese government has made it clear, they want to boost electric vehicle sales they are already the world leader worldwide in that area. they want that to increase in the future so for tesla, this is certainly

so we also reached out to fiat chrysler, they are the last of the detroit three that we hadn't heard theresident didn't mention them by name in any way, so they said you know what, we're not going to get involved in this. no comment. liz? liz: grady, this is becoming an issue because these companies, they want to run their own show, just like i'm sure most business people do and sort of this overreach from government sometimes is shrugged off but we shall be watching this very closely. it appears the auto companies are kind of building up, including i think mercedes-benz is thinking about it, too, on siding with california, right? reporter: i'm not sure exactly on mercedes-benz but it's certainly going to be something to follow. we'll have to see if there's a 50-state solution because that's what all of the car makers at least here in the u.s. seem to be pushing for. liz: grady, thank you very much. grady trimble. >>> throwing shade at the trade war. with the closing bell ringing in 29 minutes and the dow now up 73, but the nasdaq still struggling, it's down 19, just one point above

he was last seen driving white or silver dodge or chrysler minivan with a black rack top police believe there are additional victims as well anyone with information is asked to contact police. >>in new york city police are looking for a man who left 3 packages downtown this morning triggering a large police response and shutting down the nation's busiest subway system. police identified the devices 3 empty rice cookers are now looking for the man captured by video right here, leaving 2 of those packages near a subway station. currently there are not calling him a suspect. >>were you the video at the scene it places the pressure >>on the upper level and then on the lower level. >>there's a person of interest obviously we like this make this present. >>this scare comes almost 3 years after a similar scare, one pressure cooker bombs injured at least 30 people in a new york city neighborhood officials have ruled that scare an act of terror. york city's transit authority is now reminding everyone of the slogan, see something say something. >>we are learning more now about the death of accuse

this all to do with if there will be a revival of m&a talk between renault and fiat chrysler or otherector. ands move to the other side show you what's moving downward. this is where the bulk of the action is. you see that some of the luxury goods names or the oil and gas names, some of the mining stocks, there are heavyweights of course, those adding in point terms the biggest downside most to these markets, but we see metro is the biggest loser by -- down by nearly 6%. interesting talk to see if there will be a revised higher bid from the polish lender. let's go to bloomberg first word news update. annabelle: protesters may ruin hong kong -- that's the warning from chief executive carrie lam. this as demonstrators moved to shut down the asian financial help with a general strike. the morning commute was disrupted with subway lines in operable and airlines canceling flights. it marks the ninth straight week opposition to beijing's tightening grip on the city. hsbc chief executive john flint is stepping down after less than 18 months on the job. he has not given a reason for the depar

a fiat-chrysler-renault merger is still possible. gainers on the stoxx 600. these results came in ahead of expectations, meaning they might lift consensus upgrades. sirius minerals absolutely plunging this morning, look at that, down 26%. they had to halt the stock. they were supposed to have a plan to selling a bonds today and suspended that due to market conditions. this is a fertilizer company planning to build a potash mine in northern england. anna: thanks very much. up next, battle of the charts. bloomberg terminal users can see all of the charts we use during the program. gtv go is the function to use on your bloomberg. you can save these charts and put them in your own research reports. this is bloomberg. ♪ ♪ matt: welcome back to "bloomberg markets: european open." reactiontting some really, in markets terms of what they think of the trade war between the u.s. and china and the yuan issue, slipping past seven, then been back back -- being fixed below seven. the u.s. called china a currency manipulator and china is fighting b

you have seen this company be very successful since leaving fiat chrysler, but with china falling on the auto market there struggling, that may be part of the story here. romaine: this company is going to be fine. this is a classic company, it has been around forever. people are always going to want some kind of high-end toy for those that can afford it. what do you drive? >> not a ferrari. romaine: caroline has a rolls-royce. been onhe years i have the auto beat, they have been two times when i have been totally without a car and i am there right now. caroline: the irony of a reporter. on monday, a general strike as the company rallies as unrest continues. romaine: more earnings on tap next week. that is all for "what'd you miss?." caroline: this is bloomberg. ♪ . . ♪ >> i'm emily chang and san francisco. a coming up in the next hour, markets caught off guard by president trump's escalation of tariffs on chinese goods. it led to a dismal day on wall street. we hone in on the tech sector for signs of life. plus shares plummet after

chrysler, ford and gm no longer report monthly sales. 10%ident trump is to impose more tariffs on chinaonth. it is warning the levy might rise 25% if trade negotiations fail to progress. it affects $300 billion of goods shipped from china and come into effect september 1. the president said his counterpart must do more to evolve the trade dispute. >> i think he wants to make a deal, but he is not going fast enough. he said he was going to be buying from our farmers. he didn't do that. he said he would stop fentanyl from coming to our country. it is all coming from china. boeing is said to be redesigning the flight control center of the 737 max 8 employee data from both its computers rather than just one. we are told boeing hopes to present a final software package to regulators next month. sources say the timeline could flip. the latest approach is more comprehensive than a software update. boeing is preparing to fix flaws related to two fatal crashes. global news 24 hours a day over the air and @tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 coun

squeezed that's the concernpeople have, especially with the big three for general motors, ford and fiat-chryslerhese have long been some of the most popular models out there pickup trucks are the most popular. as we see more suvs and crossovers come into the market those profits will be squeezed increasingly. >> i wonder if it is in the stock. >> i was going to say, phil, is there a sense out there there will be a big change in consumer appetite that these companies are not positioned for is it everybody competing with the same kind of models? >> it might -- the consumed to increase which is why so many automakers are saying, throw out another model, throw out another model. what the auto makers are doing, they're trimming production of certainly models the equinox out of the gm plant in mexico, they're trimming production there the ford edge when they build in kentucky, they will build on fewer shifts than expected you will see it more often for the automakers they have to be more judicious about how many models they put up >>> up next, the look ahead. wings investors need to watch ase head int

. >> let's start with auto general motors, all under pressure, by the way for fiat chrysler the parts suppliers, you want to talk about really ugly charges are charts, it's not hard to find them. american axle, this is a one-year chart, but it is not only at a 52-week low, but it's the lowest since 2009. you have to go backs to the recession. in terms of the airlines under pressure by the way american, that is a 52-week low there. but for the airline following proposed changes adding more uncertainly. >>> avis budget shares down nearly 7%. closing down more than 3%. closing down more than 2%. they have turned positive in after-hours trading, back officer to you frank, thank you very much >>> an ugly day in stocks was sparked in part by the move in bonds market rick, clearly we've had extreme volatility over the last week. i'm not surprised at all as a matter of fact, this is what i've been watching. on fed day, i want the biggest issue is dollarant when it comes to central banks, because the u.s. greenback has a lot of turnstiles many of them are parked with buyers think about emergin