the thmpany's ceoe could be more closings to follow. they are stores across the u.s. and canada. >>> target is holding its annual tteacher discount nex month. teachers can get 15% discount on selected items including school supplies and disinfectant and wipes and clothing and more. you have to verify you're a teacher to get the special discount. ourave a link to sign up on washington app. >>> a story of a disturbing picture to make sure our families are not exposed to graphic content on social media. >> people are paid as moderators to review the worst of the worst and keep it from our social media feeds. according to a report from the perch, moderators make t lessn 30,000 a year and get a 9-minute wellness break a day to see an on-site counselor. they say the job causes mental illness and post-traumic stress disorder because of what they see. >> they get mad if you take d n their posts for the wrong reason, right? they get really, really mad if you leave up something horrible. >> a tough job for those moderators. facebook spokesperson responded saying, in part, quote

been stepping back from his managerial duties for the past couple years but will continue to serve as ceoes ce entertainment company. he wanted to spend more time with his kids, away from the 24-hour grind. you know, with the breakups with idina menzel a ariana, >> and the names kept coming, right? and it was all like confined, yeah. it might be time to turn that page. >> and a lot more to the story than we might know. >>> exactly. the chain has been officially broken with fleetwood mac. stevie nicks says there's no chance of the band getting back together. she cited the declining health of lindsey buckingham as another major factor. buckingham was fired from the band in 2018. nicks said even if they could work together again she would be concerned about the toll touring would take on him. she said she will keep the music of the band alive for as long as she can. i find this so sad. like the end of an era. it will never happen again. they have so much history together professionally, personally. >> drama, too, talk about drama in the music industry. fleetwood mac has been through it, ups a

earlier, stephanie ruhle and tom ceoe spoke with the zillow about this deal. they started by asking him when the low and trulia will reach vertical mast. >> it is very early, so it is hard to say. real estate professionals spend $12 billion year in advertising zillow and trulia combined. you alreadye two of dominating, capturing all the online advertising dollars? have zillow and trulia, i no idea who's on third. >> there is a lot of fragmentation in this space will stop most real estate advertising still occurs off still occurs off-line, newspapers and outdoor advertising. a lot of it goes to a long tail of local real estate sites am including tens of thousands of real estate sites in any given city. that long tail in the aggregate is a lot of consumer audience. zillow and trulia are probably the best known national brands but is very fragmented as far as the local level. >> what is your ultimate goal customer we heard you do want to see zillow and trulia as separate entities. why not combine them and be separate brands question mark >> i think it's very impo

erik schatzker and stephanie ceoe interviewed a jpmorgan and iconic editor, tina brown. to watch on friday, only on bloomberg. the top are public and politicians from around the united states are making their way to the premier conservative local conference today. each looking to secure the favor of the more than 10,000 attendees at seatback. phil mattingly has been watching nowthings are in p joins us >> good afternoon, mark. the stars are out for the republican party when it comes to see pack. on the senator side, you've got marco rubio, ted cruz and rand paul, you had governors like chris christie and bobby jindal. the point right now is to try to prove their conservative credibility. marco rubio gave a very in-depth foreign-policy speech and ted cruz talked about repealing obamacare and dodd frank. at the future of the republican party -- see pack is a purity platform, something ted cruz made very clear today. >> all of us remember president dole. and president mccain. and president romney. man, decent man, but when you don't stand and draw a clear distinction, when

keeping up with disruptive ceoes and technology, ibm's shows her insight at cornell tech.ersation in moments. we want to get the u.s. markets, which was in about to -- two

earlier today, matt miller and i ceoe with the founder and of foresight strategy and to medications.e discussed his contingency plans over greece. at this moment, the contingency plans have been exhausted. we have been redrawing contingency plans over the last four months. now time for leadership, regardless of what party they represent, to consider using russian now in boldness and come up with any solution, any settlement that will allow at least the business community and private sector to continuously move our country step by step forward, and hopefully at some point we will be able also to deal with the structural issues that we andnitely need to tackle get them behind us in order to move the whole country ahead. >> what about you personally? have you taken out enough cash to get you through next week, or are you not worried about it run? >> i have heard so many times that there is this issue, i didn't go. i'm not sure that we will have such an issue at the end of the day. get 1000ure that if i euros and put them in my home for the weekend, that will save me if we end up moving

pushed by statewide candidates in miami to portray their opponents as castro sympathizers. , a company ceoeaid the company was blessed to have trump as president. suddenly goya beans became politicized. some in miami are trying to tie biden to socialism, common republican messaging. it is the type of thing we see cycle left her cycle here and it is playing out on the national stage in 2020. in early august, biden organizers wrote a letter saying he was resting the hispanic vote. their concern was that the campaign had spanish-speaking organizers from central florida, where there are a lot or to reagan's. he has gotten bad headlines, but if it can hispanic voters, most recently biden was up double digits. when looking watch at the hispanic vote here is 27, that is how many percentage among clinton beat trump hispanic voters here in 2016. biden's around that level. i think his team is very happy. voters also plan outsized role in lord alexion -- role in florida elections. >> florida is where everybody's grandparents retire, they have an outsized role in state politics. one in five is over 65.

keeping up with disruptive ceoes and technology, ibm's shows her insight at cornell tech. we'll bring you that conversation in moments. we want to get the u.s. markets, which was in about to -- two hour's time. very small movement. the major averages close at record closes yesterday. today, not so much. the dow is on pace for another record close. the s&p 500 earlier today could just put in an all-time high. these are very small moves. however, any green on the screen will mean new record closing highs. with the tiny moves, he probably won't be surprised to know today is the second smallest trading range of the year about five points after yesterday's very matching red below a day back in may. not a lot of conviction on the part of investors as to what is next. all the different factors from geopolitical tension to apple, little breather today. let us look at the big movers for the s&p 500. at the fact we see plunging 11%. senators are demanding a probe of the hat. plus, sale of the stock by executives. company's plan to aquire. chesapeake energy is up 7.4%. oil.ng a nice

ceoe: when i was the young the company came to me and said, you have to make a mark, do one boat thingg. i think if a ceo talks about one hing, build the stock. we have got to do it all right, just like the mayor is doing. technology right, culture right, people write, i have got to do it right in every country so i have got to get the whole mosaic. one thing people are going to say, i'm going to miss that son itch.b i am not looking for any other legacy. i am so proud of my company, by the way. we have unbelievable capability. i want to make sure it is one of the best banks in 20 years and i'm glad to be part of the place. megan: is there going to be a second act when you leave? any hint? said, one of my partner you need to do one last big thing. like what? turnaround g.m. for the government. i live and breathe j.p. morgan. it is for this company. i want to make this place that are and i will give it everything -- better and i will give it everything while i am here. if i cannot, i should not be the ceo. if you are going to be the quarterback or head coach, you have got to give it you

the ceoe move is next. is going to speak with us live. >> welcome to "on the move."are moments away from the start of european trading. it is what we are focused on for the next 30 minutes. isray cloud and pressure growing on germany. the french minister travels to berlin. the europeanabout health check. is it a reason to worry or the final hurdle before an elusive recovery? we talked to the firm that that dollars on a company that later became worth billions. that company called facebook. we're looking at futures. futures are higher. the dax is pretty much dead flat. a big move in asia. >> the big bet is the pension fund of japan will take a big bag of swag and get involved in japanese equity markets. quite a dramatic impact. it is a little bit of a mixup in irope. going back to asia, will show you the kind of momentum. this is a big question. the hang seng up half a percent. europe had its moves on friday. the yen is lower. this is an important week in erms of data for the u.k. we will get inflation data. you are right. the debate about baking will build up in term

five hundred ceoe 500 ceo's thay they choose doctors when they're in a real emergencyconso situation based on diversity considerations for heartsurgers surgery, let's say, or do they choose their doctors basedy on reputation and merit? andnow, this equity and diversy it's n nonsense, it's not making mak us better. it'sin not making us smarter.. it's not making a stronger oritm more united as a nation.r, weakr it's making us dumber, weaker and more divided. .the result, kids can't read or math teachers are afraidd to esh to establish objective obstandards, don't want to offee any parents and administrators at. those at vanderbilt those women can't be bothered to compose or proofread their own emails. no >> and remember,w, remembe thos? peabody sc dalitz represent vanderbilt's nextody school of education. in other words, training. the next generation of thinkerse talk about terrifying. beginnino there are some signs, though, that the system is beginning to break down. notice that some of the first positions being cut by businesses right now during this economic slowdown are the diversi

ceoe will be talking to the following the company's earnings release. int is the first interview the second hour. >> begin with china's manufacturing activity. away -- thetech takeaway? >> it singles another month of contraction for the chinese manufacturing sector. we're talking about the hsb project economics. it came out of the of 48.3 for april. it signals a level below 50 which is contraction in terms of manufacturing activity. weyou take a positive view, see some stabilization in manufacturing in china but it does suggest that the chinese government may be forced to roll out some additional stimulus measures to counter the slowdown that persists. railwayasures include action, investment, and energy projects. they may not be having a strong is an impact. we say that in terms -- we see that in terms of the markets. a fourth month of contractions. we will be watching this closely to see what investors think of this. the government in beijing reluctant to roll out a massive stimulus of the likes we have seen in recent years. >> now to hong kong. >> uk

the ceoe speaking with of the red apple group and owns a different kind of retail -- it is a supermarketin. he talked about how businesses in new york city are paying higher and higher rent. butrents continue to go up the tax issue is a big problem for small businesses. listen to part of what he said about how higher taxes affect businesses and individuals. >> the florida real estate people were celebrating that more and more new yorkers are moving down. it is like 400 families or people per day. >> because of the taxes? >> because the fear of taxes. taxes did not go up yet. they fear that it will rise so they figure let's get out of town faster. >> i don't know about 400 families per day number but there are two separate issues -- there is higher rents for retailers and number two, higher who are the wealthy large consumers in big cities like new york. >> you've got higher tax rates. new york has high tax rates but it's the best city to do business in in the world. number?u believe that >> 400 families per day? i have no idea. >> do you believe people are leaving new york to go to flori

ceoe carey ran directv as for many years. he obviously has good input.iverse team at the 21st century fox group. i think there's a lot of should you just merit as long as the deal is the right place. >> jason, a lot of people look at the timing of this offer and say, it is genius because 21st century fox has just completed the spinoff of news corp., time warner has just completed the spinoff of time, so they're very both clean, focused media companies. and at the same time, comcast is tied up with the time warner cable acquisition. at&t is tied up with directv. up with vodafone wireless. do you share that point of view of genius? >> genius. rupert murdoch has been building this business since 1954. >> 1954? 1954. he has made bold moves. he is one of the few newspaper titans to be able to transform into a very powerful for relevant global content play today. we like the fact they're willing to make old moves as long as they're very strong price discipline attached to it. >> let's say jeff fugate somehow comes out ahead here, that he persuades shareholders

beforeúi=c8v that was thewe ceoe health. welcome to allm1a of you.exchanges. johnson 0o@:hujz for yourvdvdík for bringing us together today to talk about early lessons. !b0c so what are we seeing? >> we're seeing enrollment isjy outpacing the enrollment,z3s/f e marketplace. that's because most of the system glitches have been workeñ vlpñ based marketplace. we're also seeing we're seeing for more robust consumer assistance in those state based3 marketplaces. and medicaid. it's worth noting there is a success story in five states, this is just early on, that been doing what we call fast tracka$nj9Ñq[/&ée4 expedited er medicaid. oregon, forxp example, despiteáw their own going change to enroll 121,000 people into medicaidee. we're seeing that plan choice varied by state level acros38wx; 6júc what it locks like in their states. overall, we're seeing that 80% are choosing silver or higher level. and that age distribution also varies. overall, 24% of the enrollees are in the 18 to 34 age range, that coveted age range. consumer assistance varies. one real

lufthansa ceoe to in berlin. >> short-term we tend to be hedged in a better way than most competitorsrs. will be goodices for the industry longer-term. >> that is your bloomberg business flash. tom: thank you so much. single best chart. this goes to international investment. we steal a chart. this is a chart. nejra: what a date to be alive. tom: this is the j.p. morgan asia index. they are doing better than the emerging market index down here with nice delta. this brings up the idea that if you're going to be in international investments, you have to hedge currency exposure. i think that's a great way to lose money. >> i agree with you. you have to think about your portfolio and decide whether it is important. if you had a choice to hedge your emerging market currency exposure, you probably wouldn't at this juncture. dollar strength has been the theme for the last couple of abate andnow going to we get a weakening trend. the whole idea of having a global portfolio is to blend all of this together and deal with the cyclicality of emerging and developed markets in a cogent way. nejra: d

co-chair, ceoe and founder of farfetch. zuma versus the anc.the impact of the south african president's standoff with his own party. we are live to cape town, next. is bloomberg. ♪ francine: this is "bloomberg surveillance," and i'm anna edwards. let's talk a little bit about oil. ve alwaysits allies ha achieved their goal of clearing and oil glut. but their efforts could be derailed by the united states and other rivals. crude has rebounded and is trading $59 a barrel after falling 10% last week, dragged it down, and then bouncing up once again. with more, we speak with emery boar. why isn't oil rallying, then? i guess, it's being treated like a risk asset, isn't it? u.s. futures are pointing down. reporter: exactly. over the last two days, with some risk assets be swept up a bit, but not so much for oil. you would think that with the i.a. save the glut is almost clear, we would stabilize prices, but it is going to be shale versus opec. the shale company is able to deliver even more now as we have those recovering prices and opec production is

general electric beat analysts' to ceoes, giving a boost jeffrey m l after some investors have grownouus on cell is will heart and still with us is david bianco of deutsche asset management. good news for mr. immelt. guest: organic growth was better than expected pretty much across the board, and oil and gas is not as bad as it has been. four quarters are pretty negative. it looks like sales are accelerating. david: and power and engines are good. up.n: yes, power is it is actually apples to apples, i power is picking up, but think the other surprise was that oil and gas prices were not as bad as they have been pure to sales were down 9%, may be down 21%, so that is a good. himselfid: jeff immelt says that is all about the internet of companies. muchyou think about how progress they are making on that site come on the tech side. karen: we get sales and orders, and they are all growing 15%, 20%. they are not making money in it yet or this could be the year that they are spending less than they are making, so it is an important here on that front. 130 $4 billion is hard to see, but the

until productivity goes up, wage also probably remain muted profrnlgts du >> jurrienf fshgjurrien, if ceoe confident, won't productivity go up we'll let the dreamers stay. the population will grow people worry about that and think we can never get above 2%. don't you think productivity can come back? >> sure. you know, potential gdp growth, the speed limit of the economy is the sum of productivity growth and labor force growth. having immigration is a good way to grow the economy. absolutely all the western -- all the industrialized countries have a demographics problem so you need to boost your population one way or another, whether through birth or immigration. it's a slow-moving thing productivity the same thing. if taxes are cut, regulations are cut that should potentially boost productivity unless you do one or both of those two, you will be stuck at 1.5, 2% real gdp growth. you need to do something structurally to raise that limit, and it comes down to those two things >> okay. thanks, jurrien, david guy, thank you for being here. >> i'm staying i'm not going anywhere >> i know that

earlier today, vonnie quinn ceoe with the keen groune group and asked about the permian boom. >> it is call a boom with oil prices in the range of $50. and makes it economic to spend capital drilling. we will look for it to continue to grow over the next two or three years if oil prices stay stable. vonnie: we have a new president and administration. rex tillerson and rick they are part of administration. what do you hope comes into play? >> we will have to watch how it plays out with the new so aretration vonnie: you just waiting to see? is there anything that would benefit the hydraulic fracking industry? >> the lower corporate tax structure could help. vonnie: talk about the oil and gas. we have been does talk about the oil and gas capex. we have been waiting for it to turn around. >> the spending in the u.s. is generating% to 30%, new activity and creating a lot of demand for our completion services business. on end everyone says a lot of capacity has exited the market. even private equity firms say the same thing. but some say not as much. what is your take? have we seen a massive

ceoe think that the portion that that the porsche ceo is the right person?ons: there has been a lot of emphasis on the personnel aspect of the story. we do believe it could be matthaeus mueller. if you think volkswagen needs to follow bob dylan's example and go electric, matthaeus mueller may be the guy to do it. but on the policy side -- and i think that's more important -- i think we are looking both forward and backward. forward in what volkswagen wants to do. how are they going to compete in america, globally, and how will they clean up this regulatory mess? looking backwards, hopefully we will get some numbers on where they are, what sort of exposure they have, what they may be setting aside, how big of a challenge and how deep of a hole they think they will have to dig out. i am moreys interested in the policies. francine? that, theon provision, 6.5 billion, it is unlikely that will be enough. more research says they will have to put aside more. this is a huge scandal. : we have 27 states attorneys general, potential criminal liability in the states as

well, when tesla ceoe lon musk is involved.he use of the world recall. phil lebeau is live in chicago with more on that. >> basically what it comes down to is that tesla had a remedy, a fix for the charging station. basically sending a new adapter to model s owners and it was listed on the government website for all recalls, therefore, it's considered a recall. musk is saying, look, we're not telling people to bring the vehicle is, in model s. it shouldn't have been called a recall. that was part of the news yesterday when he joined us on the "closing bell." another part of the news is he said tesla is on track to build 800 cars per week by the end of this year. he sees model s demand growing in europe and china sales are just beginning. >> we expect to start shipping -- putting cars on a boat essentially in about a month. and then we're hoping to make our first deliveries in china in march. not 100% certain but hoping to do that. i think towards the end of this year we'll see very significant sales in china. we're seeing a tre