i am jason kelly. carol: and i am carol massar. s for "bloomberg businessweek" every day on the radio starting at 2:00 p.m. wall street time. you can also check out our podcasts on apple podcasts and bloomberg.com. jason: you can find us online at businessweek.com and through our mobile app. let's head back to "businessweek's" special double issue on the elements. carol: here is economics editor peter coy with his remarks. why the periodic table of elements is more important than ever on its 150th anniversary. peter: really, it is an economic story. i think of everything as an economic story, but reasonably speaking, the economy is built on the periodic table. we live with carbon, silicon, nitrogen, phosphorus, i can go on and on. after all, everything in the world is built from these elements in the periodic table. we think of the world sometimes as being virtual these days. we think of software, patents, copyrights. carol: something in the cloud, whatever the heck that means. >> the value is virtual, but in fact -- and that's true

jason: i am jason kelly. we are here inside bloomberg headquarters in new york. rol: a special double issue, the element. jason: on the 150th anniversary of the periodic table. happy birthday. businessweek explores the connection between the elements and business economic and politics, and how those are only getting stronger. carol: that's right. from fighter jets, electric cars, lasers, and the marks it market for nitrous oxide cold brew. jason: here is joel weber on the elements. joel: what we decided to do was to cover every single element on the periodic table because it ultimately, these are all business stories. this is the story of business. carol: you took us places that were a lot of surprises for us. we think of it as developed a long time ago. and, it is such a bigger, broader thing and means a lot today. joel: and is the wrong way to think about it. if you associated with high school chemistry class and you get anxiety. things like helium, party city was closing stores because there is a helium shortage, and there are entrepreneurs trying to solve the

anchorerg businessweek" jason kelly is there. next week when they combined with oaktree, $500 billion, give or take, assets under management. as you are moving around at this event, and around new york city this week, you are talking to a lot of heads of state, a lot of investors. it is a world of instability, but how does it feel to a big investor? guest: i would say politically, many countries are up in the air , and pretty extreme politics in those places. but on the ground, it is pretty constructive. most countries in the world are doing ok. foralue investors, we look places where you can put money for the long-term. you can make decent returns in the fullness of time, and instability sometimes brings opportunity, so you just need to think long term and the situations. jason: as you say, maybe some of this uncertainty drives valuations down. valuations have been pretty high, it feels like, for the past couple of years. have you seen that yet? bruce: not in the developed markets. valuations are still high. our focus is special

i'm jason kelly. carol: i'm carol massar. n listen to us on the radio and in new york and in boston and in washington, d.c. jason: and 960 in the bay area and in london on dab digital radio and on the bloomberg business app. let us continue our conversation with steve schwarzman. carol: the private equity tighten, while one of the closest relationships to beijing out of any executive, is rooted both to business and the founding of schwarzman scholars. jason: he's also a prominent trump advisor. he is now the president a long time and served as an intermediary between the chinese government during this ongoing trade conflict. steve: it's more interesting than two people because china has been the most rapidly growing country, probably in world history over a 40 year period. and they did that with enormous energy, central planning, and also adopting a lot of things that emerging market countries do, which is hiding behind high tariff walls, closing its markets. and not making them if not closed, not making them as accessible as

i'm jason kelly. carol: and carol massar. as every week. can also catch up on our daily show by listening to our podcast on apple podcast, soundcloud, and bloomberg.com. jason: and you can find us online at businessweek.com and on the mobile app. if you think about the important world of private equity, you're probably thinking of steve schwarzman. he was the cofounder of blackstone back in the mid-1980's, after he had done a very successful stint on wall street already. carol: he writes about what he calls a collection of inflection points that led him to who he is and where he is today. it's in his new book, what it takes in the pursuit of excellence. jason: we caught up with him with the latest edition of businessweek talks. steve: it's a different wall street, more efficient wall street, a wall street that can mobilize much more capital. it's a world that has printed so much money. not just in the united states, but the deficits that have run, it's easy to aggregate a lot of money to do a lot of things. jason: it feels like so much of wh

thanks to jason kelly and carol massar.f the hour is mark and heading toward a two date decline. 3% fordropping more than second day as mounting concern over congressional drug pricing action moves that stock lower. kailey leinz has more. kailey: it was down yesterday based on the goldman sachs note that said an onslaught of pressure from capitol hill may be coming for these stocks now that congress is back from august recess. we are seeing some of that play out with nancy pelosi's drug pricing plan which is starting to circulate, and analysts are describing is quite aggressive. one of the highlights is health and human services would directly negotiator pricing for the 250 top-selling drugs in the u.s., that is for all domestic sales and not just medicare. the companies that do not negotiate would face a penalty equal to 75% of the drugs prior year growth sales. it would also create a cap on pricing based on the international index. also time drug prices to inflation, i have a chart you can see showing how pharma price inf

with bloomberg's jason kelly. this week brought pretty of turbulence to wework.founder adam neumann stepped down from his role on tuesday to salvage the planned ipo. the copresident and chief financial officer and sebastian cunningham, the vice-chairman, were named co-ceos. i discussed the shakeup. >> i think the writing was on the wall. this is where the momentum was. my reaction is to think of this in three chapters. there is the past and things that were very good and things around the leadership that were not good. the leadership had a lot of the power that built the company. then there is the present and i have to applaud everybody involved in how smooth this is going. it was just a few weeks ago this started and they already have some replacements, temporary or permanent. adam, the way he stepped aside, was respectable. so i credit the company for that. it is different from movers -- uber's. it took a lot of time for leadership to change. then there is the question about the future. to circle back and talk about the timing, i think it is unlikely that anyth

vonnie: jason kelly, thank you for that. want to bring you back to the president trump speaking with pakistan's prime minister. trump says that he thinks he will win the nobel peace prize. he says that he should get it if it was awarded fairly. before the meeting, imran khan had been blaming president trump for derailing the peace deal, ending the india-kashmir question. tonic --ad, and i agencybritish travel crumbling, leaving thousands stranded across europe. this is bloomberg. ♪ vonnie: british travel operator thomas cook filed for liquidation -- compulsory liquidation early this morning after rescue talks failed. the company ceased to operate overnight with all of its flights and bookings canceled. we have the story in london. k.d., was this a manufactured failure on the part of the hedge funds? the hedge funds played no role in this actual filing for liquidation. although they had threatened to push the company into administration, to some extent, you can say the hedge funds are lucky. the company already filed for admi

jason kelly sat down with ceo john foley shortly after its trading debut.ohn: we are playing the long game. we see this as literally building millions and millions of subscribers around the globe in the coming years. now we have the money to do that. we are fully funded after today's primary, so we are feeling confident. jason: when you think about the last couple of days and weeks, you mentioned the markets. i mean, wework is on everybody's mind. it is a tricky ipo market, to say the least. do you have a sense of where the miscalculation was? if there was one? john: i tell you, jason, this is my eighth fundraiser for peloton. people either see it or they don't. there are believers and nonbelievers. those who believe, who have invested in peloton, they have been very, very happy, and they -- and we will continue to delight the capital partners who invest in us. jason: you mention fully funded. what will you do with that money? what does expansion look like? john: we are building a $50 million streaming television studio in new york city, nother in london, w

i'm jason kelly.arol: i'm carol massar. join us every day on the radio starting at 2:00 p.m. wall street time and catch up on the daily show by listening to our podcast on apple podcast, soundcloud, and bloomberg.com. jason: and online at businessweek.com and through our mobile app. this week, we are breaking down businessweek's special elements issue including how rare earths are part of that never-ending u.s.-china trade war. carol: the metals are necessary for all kinds of consumer and industrial including smartphones, cars, solar panels, m.r.i.'s defense technology such as spider jets. check this out. china accounts for only 70% of the global supply. jason: taylor riggs is helping us break it down. taylor: there is a rare earth metal etf because this is bloomberg. 20% of this is rare earth so it gives us a gauge of where we are. march 2018, the start of the trade fight, and on top you are looking at the price of the etf falling as investors are concerned about demand for these products that make a

peloton has fallen in its trading debut, now let's go to jason kelly standing by with the companies ceo. jason: i amt the -- at the nasdaq with john foley and you guys have been talking about the ipo today. it came out, you just addressed employees, what did you say to them? john: i said we are building one of the consumer brands and media companies for the ages. members and weng now have a lot of money on the balance sheet to create all of our hopes and dreams and influence lives and allow people to live better lives around the globe. jason: disappointed with how it came out in terms of the first $29e when you sold it at and it opened at $27? what did you make of that? john: it is an interesting time in the markets. there are a lot of political things, business things, anxiety. the markets are on edge. i do not have to tell you that. some disappointment, but the biggest thing is we are playing the long game. millionsis as building and millions of subscribers around the globe in the coming years. now we have the money to do that. we are fully funded after this primary, so we are feeling

taylor: that was the peloton ceo john foley with bloomberg's jason kelly.nd this week brought pretty of turbulence to wework. co-founder adam neumann stepped down from his ceo role tuesday in a move designed to salvage the company's planned ipo. the co-president and chief financial officer and sebastian gunningham, the vice-chairman, were named co-ceo's. i discussed the executive shakeup brett wallace and gene munster. >> i think the writing was clearly on the wall that this is where the momentum was. my reaction is to think of this in three chapters. there is the past and things that happened that were very good with wework. leadership was not as good. the leadership had a lot of the power that built the company. then there is the present, and i have to applaud everybody involved in how smooth this is going so far. if you look at the clock, it was just a few weeks ago this started, and they already have some replacements, temporary or permanent. adam, the way he stepped aside, was respectable. and so, i credit the company for that. it is different from how

shery: that was the peloton ceo speaking to jason kelly.ore on the market reaction, let's bring in su keenan. su, of course, the slime, the stock slump, is huge. slide, theugh -- the stock slump, is huge. su: very rough for them. there were questions about overvaluation, and they certainly proved to be the issue as we get into the trade. the peloton plunge echoed uber and. lyft -- and lyft. the reaction was immediate. you had a large hollywood entertainment company pulling its ipo, yanking it. it was scheduled for later this week. wework's was scheduled for later this week. that has been delayed. that shows there is a chill in the air, if you will. spokespeople saying they will evaluate the timing. that is very much the issue here. if you look at the recent ipo's this week, it has been a very difficult week for those ipo's, and it sort of underscores the chilling effect that we have seen some of the negative -- you have the price of success. the negative reaction to some of these very big ipo's, which by the way, are a cash king for investm

our thanks to bloomberg's jason kelly and carol massar.ming up, a subject they are probably going to teach at business school, the rise of the robots. concerns over ai justified? we will discuss. this is bloomberg. ♪ ♪ guy: from london, i'm guy johnson. vonnie: from new york, i'm vonnie quinn. this is "bloomberg markets." is time for a look at some of the biggest business stories in the news right now. investors having second thoughts ipo. the wework softbank once the company to lay the offering, concerned about its corporate governance. there are talks that the company is worth about 1/3 its original valuation. british airways forced to cancel almost all of its lights on in the second day of its two-day strike -- almost all of its flights on the second day of a two-day strike by pilots, cost to get almost $50 million a day. another walkout is set percent, 27th. that is your latest -- is set for september the 27th. that is your latest bloomberg business flash. guy: it big concern for many workers is robots, automation, and ai might soon wi

they spoke with jason kelly and carol massar about navigating global instability. have $13 trillion of negative interest rates, i don't even know what a negative interest rate is. why would i take my money and give it to somebody, and for holding it, i have to pay them like it is a storage unit? i'm supposed to get interest when i give people money. down, most rates go of those places that have those negative interest rates, it is not stimulative. because banks have trouble earning money in that kind of .nvironment if they don't do well, they don't grow their capitals. and can't extend credit, countries don't grow unless there is credit extension. this whole movement, particularly negative interest is some type of wake-up call. how did we get in that position? position? in that not us as americans, but us as financial people looking at the world. brian may know more than i do. it just seems impossible. the negative ray environment that we see around the globe tell you there is some underlying weakness we are missing? the obvious problems we know, but is there somet

vonnie: that was james gorman speaking with jason kelly and carol massar at columbia business school.an epic industry shift, the balance of shower shifting to passive from active. assets in mutual funds and etf's tracking equity index is $4.271 trillion. this is bloomberg. ♪ vonnie: some headlines now from the morgan stanley conference in laguna beach, where boeing's ceo is speaking. boeing stock is rising on the session. returnstill targeting of service for its max, and sees a phased un-grounding around the world. dennis muilenburg says he sees the crisis as "a defining moment and notes that they still face open questions with the faa. max upgrades are being tested in labs, and he doesn't see independent reviews slowing become back of the max. once again, boeing still targeting the early fourth quarter returned to service for the max. it has flown more than 600 flights with updated software. stock is really taking a leg higher now, up 2.7%. checking u.s. markets broadly, we are shaving off some gains, but still higher on the session, with the dow and the s&p up 0.3% , and the nasdaq

enjoyed jason kelly and carol on campus at the columbia business school in new york. conundrum.evel, we got record low unemployment. we do still have global growth. the u.s. economy, the most important economy in the world, is performing strongly. china is still performing strongly. europe is obviously mixed, but it has been mixed for two decades now. so, at one level, the fundamentals are actually quite strong. on the other level, the sense of confidence, there isn't a conference. there's this sense of inevitability where we are at the end of the cycle. i mean, statistically, there is a recession every seven years. be, theyesn't have to have not had a recession for 28 years in a row. >> why so much pressure on the federal reserve to continue cutting rates? does that make sense? >> the economy is slowing. the job of the fed is the balance monetary policy with economic outlook and fiscal policy. change the rates when the economy is getting hot. latest fedted the rate cut and i suspect they will do one or two more. but then it's time for a pause to really absorb is because the pro

he spoke with jason kelly at the nasdaq. >> we are playing the long game.illionsis as building and millions of subscribers around the globe in the coming years. now we have the money to do that. after fully funded today's primary, so we are feeling confident. >> when you think about the last couple of days and weeks, you mentioned the market. it is a tricky ipo market, to say the least. do you have a sense of where the miscalculation was? fundraiser --a eigth fundraiser. there are people who believe, and those who don't. those who have invested in peloton, they have been very, they will invest in us. >> you mention fully funded. what will you do with that money? we are building a $50 million streaming television studio in new york city, another in london, where we will hire foreign language instructors to stream toward german market, which we open in 50 days, so investing in new content, new verticals, the treadmill market, u.k., germany. investment mode. it is semantics, we are investing money and feel good about what we are doing. >> how do you feel about

of delta with ceo our own jason kelly. are top technical analyst in both europe and asia. congratulations. we are very happy to have you here. let's take a look at your tenure yield chart. the -- we are bullishis bonds. we still are. we have been talking about that. the move here the pessimism the summer has brought 10-year gilts up to 1.9%. the last three days, the yields of come down a little bit correcting a bit. it is fair to just stay bullish and by the dip in the bond market. you can see the trendline connecting higher yield peaks coming down here into the 2% coming back through some of the prior pivots. as long as yields are down here below 2%, it's fair to say there is still a real yes go tenure treasuries seeing and all-time low. think we could go significantly lower. >> the all-time closing low as 1.38. >> you are a buyer of bonds. let's put that together with the yield curve. >> peak optimism, peaked pessimism. we saw two and butter. happened thanthat the following month it on inverted was back here in 1998. abi

jason: and i'm jason kelly. we are in bloomberg headquarters in new york. on the plant in saudi arabia rattling markets in the exporting region. jason: plus, a look at how trumpcare brought a new era of health insurance that doesn't cover the bills. carol: and we sit down with steve schwarzman, who weighs in on the u.s. china trade war.

he caught up with businessweek massar and jason kelly, and discussed the u.s.na trade war. >> people are rational, on a that is these two countries see that that is not working for them, they will come to the table, which is what is happening now for i guess the third time. they are doing it not to just be helpful. they are doing it as they recognize that the short-term and china can remain fine with policy adjustments. but they are borrowing from their future, and long term, if you really go off on your own and decouple and have a slower growing world, what is the win in that? that is not a win. jason: and what can you do to help this along? steve: i think there's a lot of people who know both countries. i think it is important that people understand where this is ultimately going, which is not in their interest. ultimately, i believe that people will act in their self-interest, and there will be an adjustment. way thean predict the media wants, what is going to happen on october. it is a who knows. primarily, it is about china. they have their hardliners. the

jason: and i am jason kelly. we are here inside bloomberg headquarters in new york.rom our special double issue, "the elements," on the 150th anniversary of the periodic table. we explore why it is more important than ever, the connections between the elem

affordable care act and debt ceiling concerns continue to be debated on the political stage. " anchor jason kellys here with more. jason: that's right. i'm here with ali satvat. he runs all things health care over at kkr. great to have you with us. as vonnie mentioned, this is a massive market. $3 trillion, essentially, as an industry. 8% of gdp in the united states. how do you invest into a market that is that huge? ali: i think it is fundamentally about finding opportunities that we understand. it is finding opportunities backed by really good teams, and a lot of cases that we have spent a lot of time within the past. that growth is still there. it is a $3.5 trillion market. if u.s. health care were its own economy, it would be the fifth largest in the world. there's dynamism. i think that favors a patient and long-term investor who cannot only focus on the macro of health care, but also get very deep on the individual opportunities and figure out why those might prosper while others might not at the same time. jason: let's talk about those investors that you are talking to, certainly public in

jason: and i am jason kelly. we are here inside bloomberg headquarters in new york.ecial double issue, "the elements," on the 150th anniversary of the periodic table. we explore why it is more important than ever, the connections between the elements and businesses, and why it is only getting stronger. jason: new york bans predatory loans, a practice brought to light last year with a series of stories, including a cover of "businessweek" on how an obscure legal document turned the court system into a debt collection machin

he joined jason kelly and carol massar on the council of columbia business school in new york. >> ita conundrum. at one level, we have record low unemployment and we still have mobile growth. the u.s. economy is performing strongly. china is performing strongly. europe is obviously mixed, but has been mixed for two decades. on one level, it is quite strong. at the other level, the sense of confidence, there is a sense of inevitability we are at the end of a cycle. it doesn't have to be -- statistically, there is a recession every seven years, but it doesn't have to be. in australia, they have not had a recession for 28 years in a row. >> why then, so much pressure on the federal reserve to continue to cut rates? does that make sense? >> because the economy is slowing. the economy is slowing and the job of the fed is to balance monetary policy with economic outlook and fiscal policy. their job is to raise rates, slow it down, and the rivers. i supported the latest fed cut and i suspect they will do one or two more, but then it is time for a pause and really absorbed -- absorb this bec

jason: and i'm jason kelly. we are in bloomberg headquarters in new york. ttack on the plant in saudi arabia rattling markets in the exporting region. jason: plus, a look at how trumpcare brought a new era of health insurance that doesn't cover the bills. carol: and we sit down with steve schwarzman, who weighs in on the u.s. china trade war. steve: they're doing it as they

jason: i am jason kelly. we are here inside bloomberg headquarters in new york. e issue, the elements. jason: on the 150th anniversary of the periodic table. happy birthday. businessweek explores the

so from burgers to beer we go -- back to bloomberg's global business forum, where my cohost jason kelly with brito, rita -- carlos the ceo of ab imbev. >> we see a good environment for our business. it is not without challenges, but that is always the case. we don't see what we read sometimes in papers. the other thing is that our production is very much localized. jason: right. >> a lot of these things about trade, about flow of goods, that does not necessarily affect us. always a little bit, but 95% of what we produce we sourced locally, brew locally, we sell locally. it's a bit different. we are brewers, so we are always paying attention to what is happening to our consumer. we are not economists, so i don't have an opinion on some of these trade conversations, but if it is good for consumers, we are happy. jason: let's talk about asia. you pulled off an ipo there after false start. onethe second biggest ipo outside uber. only behind uber this year. what does that tell you about that market and what does it tell us about the strategy going forward? >> our business in asia is an amazi

he will join jason kelly and carol massar for 30 minutes on bloomberg television and radio at 2:30 eastern this is bloomberg. ♪ david: this is "balance of power." i'm david westin. frankfurt auto show is ongoing in frankfurt. our colleague, matt miller, spoke to lamborghini ceo. he asked about lamborghini's plans to build a hybrid and much more. the issue where we are talking about the super forecast. theright direction, situation we are in this moment is the only way so far to find the right solution. that is why we want to be different in our solutions. but for sure, this is a first step in the direction. hybrid is the future of lamborghini. matt: your customers are obviously some of the wealthiest people in the world. but still it is important to watch for us, in the market, to watch their spending behavior. what is the health of the wealthy consumer right now around the world? stefano: so far, from what we can see in our analysis and see how it has affected the world of lamborghini, it is very good. of course, we are talking about a thousand cars. a tremendous number if you think about

he spoke to jason kelly. >> people are rational on a certain level.es see that it is not working for them, they will come to the table, which is what is happening now for the third time. and they are doing it not to just be helpful, they are doing it as they recognize that the short-term in china can remain ,ine with policy adjustments but they are borrowing from their future. long-term, if you really go off on your own and decouple and have a slower-growing world, what is the win in that? that is not a win. >> what can you, steve schwarzman, due to help that along? >> well, i think there are a lot of people who know both countries, and they think it is important that people understand where this is ultimately going, which is not in their interest. and ultimately, i believe that people will act in their self interest and there will be an adjustment. no one can predict the media wants, what is going to happen in october brickwork right -- >> right -- >> it is really about primarily china. they have their hard-liners, they have their reformers. >> right

stuart: jason kelly, this is fascinating. ginkgo bioworks.t else you are growing in the lab because we are very interested. thank you. >>> the "wall street journal" reports that virtually no landlords will lease to wework. that's creating big problems for new york's office space. more on that, please? susan: you know wework is the largest leaser in manhattan in 2018. seven million square feet. what they usually do is lease out these spaces for 15 years which is a very long contract, and they pay 20% premium but because of wework's financial issues, they couldn't ipo, they don't have enough cash or may not have enough cash to survive for another 13 months at this point if they don't unlock $6 billion in loans, you know, a lot of the manhattan commercial real estate leasers say we're not going to give our property to you. wework has to come up with the money at some point, don't they? stuart: fascinating stuff. seven million square feet. ouch. we will tell you shortly on this program about deep fakes. that's when someone manipulates a video to

jason kelly, carol masters spoke with james gorman. >> i expect they will do one or two more but thenting is it is one of the few tools you've got to be given away too easily. what if we have a real problem? i would be very surprised. year at this 10 point, i expected it would be around 3%. james gorman on the ballet of the ecb and the fed. right now it is a reunion, gina martin adams from bloomberg intelligence. from wells fargo, sarah house joins us. it is amazing how i have been deficient on fed to chat the last couple of days. we have become distracted. on the 18th of this month, what is going to happen? >> we will see another rate cut but keeping the door open to further rate cuts in the coming months. we don't think this is the end of the easing cycle we are expecting to see. tom: there is a parlor game right now in the market. the market your world. beyond the market doing september 18? gina: it depends on which market you follow. the bond market expects we are in for a massive fed cycle coming from the balance sheet. the equity market maybe not quite as convinced but definitel

's jason with bloomberg kelly at the nasdaq. john: we are playing the long game.e see this as building millions and millions of subscribers around the globe in the coming years. now we have the money to do that. we are fully funded after today's primary, so we are feeling confident. jason: when you think about the last couple of days and weeks, you mentioned the market. it is a tricky ipo market, to say the least. do you have a sense of where the miscalculation was? or if there was one? my eights is fundraiser for appellate on. it is a funny thing where people either see it or they don't. there are believers or nonbelievers. those who believed in the and invested in appellate on for eight years now have been very happy, and we will continue to rely on capital partners who invest in us. jason: you mention fully funded. what will you do with that money? what does expansion look like? john: we are building a $50 million streaming television studio in new york city, another $50 million studio in london, where we will hire foreign language instructor. german instructor

kelly how kit. according to president donald trump's twitter feed jason greenblatt is returning to the private sector it's unclear if he'll be returning to work with the trump organization where he had worked previously prior to joining the white house team we do know that he is considered one of the architects of donald trump's middle east plan when the president's called the deal of the century a really given this departure raises questions about the prospects of this plan and any potential success in resolving the israeli palestinian conflict this is work that has been done in secret for months along with the president's son in law jared cushion or we do know one aspect of the plan has a large economic component raising some 50000000000 to help improve the lot of the palestinians but many people speculate the this plan is nothing short of dead on arrival given the fact that this is ministration from the beginning has taken a very adversarial stance with regard to the palestinian leaders and the palestinian leader for their part say that they will reject this plan as a result of the lack of consult

kelly ahead of mcsally in arizona. we'll be watching that one. jennifer rubin, jason johnson, thank you both for joining us. really appreciate it. >> thanks, lawrence. >> and when we come back, donald trump has appointed three national security advisers in his less than three years as president. president obama appointed three national security advisers in his eight years as president. susan rice was the longest serving national security adviser for president obama. susan rice will join us next. i get it all the time. "have you lost weight?" of course i have- ever since i started renting from national. because national lets me lose the wait at the counter... ...and choose any car in the aisle. and i don't wait when i return, thanks to drop & go. at national, i can lose the wait...and keep it off. looking good, patrick. i know. (vo) go national. go like a pro. (vo) vfundraising. giving back. subaru and our retailers have given over one hundred and sixty-five million dollars to charity. we call it our love promise. and it's why you don't even have to own a subaru to love a subaru retailer. love. it's what mak