shery ahn: and i am shery ahn. david: closer to raising interest rates. the s&p 500 rate shows a weekly decline but is now higher for the year. shery ahn: shares of john deere getting trend today. they allowed past earnings estimates -- they plowed past earnings estimates. david: what impact will the doomed egyptair jet have on stocks? americans may be reluctant to travel abroad this summer. are one hour from the close of trading. let's head to the markets desk. s&p isear to date, the now up for the year, up .4%. we were talking about how it had dipped into the red yesterday. we are off of six-we close. -- we are off six-week lows. the s&p is up .6%. the nasdaq is still down year to date by nearly 4.8%. i want to show you what has been happening with the s&p 10 sectors. generally a broad rally across the board. information technology continues to be the biggest leader, up by 1.1 percent. it had been higher. it was as high as about one point 3% or soap health care sector up by about .8%. consumer staples continue to be the biggest laggard come at down i ab

i am shery ahn.elevision executives are paying close attention to an account on snapchat called arsenic tv. it could herald a new era for television. you can read about it in the latest bloomberg businessweek. the reporter who wrote about it joins me to talk about it. tell us what exactly is arsenic tv? i should start by saying it's probably not safe for work. it slightly racy. magazine kind of five, nearly naked women in hot tubs and things like that. they are making money out of that, surprise, surprise. was exciting about it from a business perspective is that arsenic, despite having very little promotion, has assembled an audience of about half a million people, which is really impressive and shows how they and fast growing snapchat it -- big and fast growing snapchat is. shery: half a million people, and it's only on snapchat. .> right snapchat broadly has about 110 million daily viewers. the fact that this random account, slightly racy, is able to get this big audience, is kind of amazing. they

i am shery ahn.et's continue our global tour of the week's top business stories, starting with intriguing stories in trading activity in m&a. betty: pfizer agreed to buy and acquire $45.2 billion in their first deal since walking away from the $160 billion takeover of allergan. is this what is to come from pfizer? >> exactly. we will see a lot of that this year. they said they are going to decide by the end of the year whether to split the company up, and this fits the bill. they want assets that are fully developed, they do not want to buy too early on, and assets, especially these smaller ones, there is not nearly as much competition as there is in say oncology, so this is a perfect fit for them. i would not be surprised at there are a number of deals like this throughout the year. mark: making an unsolicited takeover of monsanto. it would make them the largest supplier of farm chemicals. news of a potential takeover was first reported by bloomberg news a week ago. is this out of desperation, defen

shery: i am shery ahn and you are watching "bloomberg markets."e for a look at the biggest business stories in the news right now. the unique ceo may resign as soon as tomorrow. that's according to people with knowledge of the situation. the bank's board will meet tomorrow and may authorize the nomination committee to begin the search for a new ceo. he has fallen out of favor with some investors over the bank's failure to shore up capital and increase profitability. it is a buyers market for big business. strongeril wealth, a dollar, and a downturn in emerging markets is hurting demand. general dynamics, gulfstream units, and bombardier are cutting outputs. they are competing with a glut of used jets on the market. that is your business flash. let's head to the markets desk where julie hyman has the latest. what are you looking at? julie: secondary financials. lending club is actually up for a change. that is after a premium lead and the ceo disclosed and 11% stake in the company. they would be the largest holder of the company after sans capital.

i am shery ahn. tom: 90 minutes? come on. three hours and 40 minutes when you got off the gulfstream in asia. shery: international flights are taking much longer. tom: thank you very much. let me race through a data check. mark chandler is waiting to talk foreign exchange and crude iron ore weaker. on to the next screen. , ratheras we see elevated from last week. franc, weaker this morning as well. francine? francine: european stocks, up, up., back crude below 48. we will talk to the ceo, by herself. i love to speak with mark chandler. he looks at currency pairs. he joins us right now. i don't usually do this. i will ask an open question. which major currency pair has your attention right now? moves the all of this needle towards the u.s. dollar. it bottomed on may 3. theave then up later by idea that you could tighten next month. euro parity? not quite yet. it looks more like next year. we are looking at two or three rate hikes next year. >> maybe chama has the sector right. francine: it was all over twitter, the parity watc

i'm shery ahn. mark: live from london, i am mark barton.ean close on bloomberg markets. ♪ mark: we are going to take you from new york to london in the next hour. here is what we're watching today. global stocks are the highest close in three weeks as havens like gold fall. will it hold its performance after fed chair janet yellen speaks later? shery: fell short of more aggressive language suggested by japan. we have a wrapup. we are talking to one of the most high-profile throw brexit economists in the u.k..

i'm shery ahn standing in or betty liu. rising amid growing investor optimism that the world economy can withstand higher interest rates from the fed. the s&p 500 is at its highest level in almost a month. at&tberg news has learned is entering the contest for yahoo!'s internet business, setting off a head-to-head battle with verizon. a look at why at&t is making such a late entry. and microsoft is slashing more than 1800 jobs, accelerating its exit from the smartphone business. what is the company's strategy? are one hour from the close of trading. let's head to the markets desk where julie hyman has the latest. how are stocks looking? off ofstocks have come their highs little bit and we see volume slowing down a little bit. nonetheless, still seeing a strong today rally. if you look at the groups that are moving, that has been pretty consistent today. energy shares have in in this top spot consistently throughout the course of this session. materials follow them and utilities are the laggard as we have higher yields which

this is "bloomberg i am shery ahn.et's continue our global tour of the weeks top business stories including some in trading activity in m&a. betty: pfizer agreed to buy and a core 45 $.2 billion in their first deal since walking away from the 100 xt billion-dollar takeover of allergan. is this what is to come from pfizer? >> they said they are going to decide by the end of the year whether to split the company up, and this fits the bill. a want assets that are fully developed, they do not want to , and assets, on there is not nearly as much competition as there is in say oncology, so this is a perfect fit for them. making an unsolicited takeover of men santonio. a potential takeover was first reported by bloomberg news a week ago. is this out of desperation, defensiveness? what is the rationale? shifting spaces in the aggro can. we have seen on santino go for santo -- they mon wanted to buy but now it looks like they have gone from the hunter two the hunted. shery: why do they need this so badly -- betty: why do they n

shery ahn: and i am shery ahn. david: closer to raising interest rates. rate shows a weekly decline but is now higher for the year. shery ahn: shares of john deere getting trend today. they allowed past earnings estimates -- they plowed past earnings estimates. david: what impact will the doomed egyptair jet have on stocks? americans may be reluctant to travel abroad this summer. are one hour from the close of trading. let's head to the markets desk. s&p isear to date, the now up for the year, up .4%.

i am shery ahn.haad: wildfires raging through canada's oilsands region , shutting down an estimated $1 million of -- one million barrels of production a day. joining us from alberta -- rebecca, how quickly will these companies get production back up , and where are we with these fires right now? rebecca: it's interesting, because today even as companies including suncor and conoco phillips were shutting down production, they were talking about getting it back up again. the massive fire that has extended to double the size of new york city in northern alberta continues to spread, but it is moving east, away from the oilsands facilities, which is giving them some comfort they can start the process of getting production back online. today, with mckenzie they were saying it could be about a week before they get things back up. it could take a wild longer to get production back up to full capacity, but about a week from when the immediate risk subsides. rishaad: some workers in the oilsands have lost thei

live from london and new york, i'm shery ahn. i mark barton.he european close on bloomberg markets. shares of the conference in brussels include commuters sharing car rides together through services like uber pool. but this is already up and running in the u.s. and china and has to come the -- has to compete with a robust transportation system in europe. a bloomberg view columnist wrote about this. are we what it to the public transportation system -- are we wedded to the public transportation system in europe? we are, much more than the people in the united states. brussels carries as many san franciscothe bay area transit system, even of san francisco of is seven times that of brussels. partyities in europe are well served by public transport, unlike american cities. the only exception in the u.s. is new york, which is an outlier. most people there use public transport. europeans if preferred car sharing, do their routes match very well? european cities are unlike u.s. ones because most of them are not planned on the grid and they don't even

i am shery ahn. mark: i am mark barton.carney was not pleased today at parliaments treasury committee. he gave the most robust defense yet of the bank of england's comment on the european union voted. >> we have not supported a side of the campaign. supported the end, which by our actions may be inconvenient to you, but by our actions, we have made it more likely that we will bring inclusion back to target whatever the outcome of the referendum sooner. and that will be a better economic outcomes. to suggest otherwise is to try to undermine that. mark: a rare example of the governor displaying flashes of anger at a u.k. lawmaker. governorto rile the the last time he appeared before lawmakers. he even suggested the governor should resign. carney defending himself, defending his neutrality by saying it is the bank's job to highlight the risk. of fascinating combative fascinating,a combative viewpoint between the two gentlemen. i want to bring you to the bank of england inflation and where we are right now. this is the chart i'

ahn has more. strucka wave of markets -- authorities say the bombings bore the hallmarks of islamic state. in the last week the group has claimed responsibility for attacks that killed close to 200 people. the obama administration reportedly will announce today that it is easing sanctions on the mr according to the wall street journal. myanmar has a democratically elected president in office. easing sanctions will make it easier for companies to do business. the world bank may issue pandemic bonds to fight outbreaks of diseases such as ebola. the so-called catastrophe bonds require that interest in principle payment be deferred or forgiven in the event of a disaster. investors are paying a premium to compensate them for risk. the world health organization says while worries about the zika virus are on the rise, it is not recommending canceling or postponing the upcoming summer olympics. some experts have called for the games to be removed -- to be moved or delayed. some 8000 oil workers north of th

caroline: shery ahn, thank you.of the major powers of the european union potentially about to walk away, and a lack of joined up thinking on key challenges, is eu's cohesion in a worse state than ever? we are joined by josef janning. you have what's known as an eu cohesion monitor. you are saying they are struggling like never before. is brexit the key division? is the refugee crisis? what is at the heart of this? >> we have looked at a range of factors that make cohesion, that find europeans together. we find that overall it is a little more robust than we feel, divisions it is -- over the future course in terms of politics and economics have a strong impact of this feeling of togetherness, and that is why the financial crisis we have looked at specifically for the refugee crisis now have such an enormous impact on the way europeans feel about europe. guy: good morning, josef. if we over here in the u k walk away from the eu, what effects will that have on the kind of cohesion you're talking about? >> well, it will

shery ahn in hong kong.te has been discussing the impeachment of dilma rousseff throughout the night. could and 13 years of government by their left-leaning party and see her put on trial. we are joined now by justin kerrigan, who has been following developments overnight in brazil. justin, good to have you on. we talked in the last hour about when and how this is going to end. talk us through how things look now. about 18we've had hours now of deliberations in the brazilian senate. it's about 3:00 a.m., sorry -- 2:00 a.m. in brazilia. they are probably getting very tired. we have had about 39 of the 71 senators who have declared themselves in favor of this impeachment trial going ahead. if that happens, dilma rousseff will have to step down. she will make way for the vice over.ent, who will take then we will go through a period of process and trial; it could be a long one or short one, but i think no one is under any illusions now. dilma rousseff is on her last legs, and this is likely to be the day in whic

shery: and i am shery ahn.avid: let's of the major indexes. the s&p 500 of about one point 2%, 20 points, 2076. the nasdaq, up almost 2%, 92 points at 4858. shery: time for the bloomberg business flash, a look at the business stories in the news right now. ucla has signed a 15-euro panel contract with under armour valued at $280 million. the pact represents the biggest college sports apparel deal yet. the contract eclipses the 2014 deal between under armour and notre dame, which included an equity stake in the apparel giant. david: radio giant i heart media has one and battle against media lenders, with a texas court ruling they were within rights to transfer assets be the creditors reach. the lenders had threatened to put the company into bankruptcy of the transaction. expert -- the judges agreed it was an effort to boost profitability. shery: another twist in the summer rest the legal drama. they have replaced two former trustees, the viacom chief executive officer and george abrams, both suing to block their

let's get to bloomberg business flash with shery ahn. >> thank you.t annual net income will probably decline for the first time in five years. japan's largest company predicted that net income may drop to $13.8 billion for the fiscal year ending in march. that's below analyst estimates. to you i -- tui will be selling an element to focus on its tourism processes. generated 66 .2 million euros in underlying operating profit. europe's largest tour operators as it will retain only the crystal see, thompson lakes, and mountain businesses from the portfolio. crossbar he has reported sales that the estimates on growth and eastern europe and asia. the brewers is that fourth-quarter net revenue rose 2% on adjusted aces to $2 billion. the median estimate of analysts by bloomberg was for 1.3% growth. that is your bloomberg business flash. >> shery ahn joining us with a ink at what's making news the asian session. we just had earnings from compass group earlier this morning. first quarter sales and operating profits be estimates. joining us now for an exclusive

i'm shery ahn standing in or betty liu.wing investor optimism that the world economy can withstand higher interest rates from the fed. the s&p 500 is at its highest level in almost a month. at&tberg news has learned is entering the contest for yahoo!'s internet business, setting off a head-to-head battle with verizon. a look at why at&t is making such a late entry. and microsoft is slashing more than 1800 jobs, accelerating its exit from the smartphone business. what is the company's strategy? are one hour from the close of trading. let's head to the markets desk where julie hyman

. ♪ ♪ shery: live from london and new york i am shery ahn. mark: i am mark barton.18 minutes away from the european close. shery: thanks. it is time for the bloomberg is flash. in the lifeakeover sciences technology business. ei whichreed to buy as makes electric mice -- sei which makes electro microscopes. tot represents a 14% premium sei's closing price yesterday. the city's newest condo towers are opening with many owners heading for the exit in miami. that a thirdimated of the units in some high-rises are back on the market. that is your bloomberg business flash for this hour. the center for economic performance at the london school of economics has issued a critique on brexit. it breaks down the arguments on brexit which includes that the u.k. will see a 4% u.k. gdp gain. mark: patrick minford is a professor of applied economics at cardiff university. thank you for joining us. if i could start with this report. the authors of the report have come out with the statement like this. minford's liverpool model was predicting enormous job losses from the introduction

. ♪ >> live from bloomberg world headquarters in new york and london i am shery ahn. am mark barton. this is bloomberg markets on bloomberg television. vonnie quinn is in the news room. vonnie: a new report from the imf underscores the differences it has over greece. it says greece should not make payments on its european ballot until 2040. the plan was included in documents obtained by bloomberg news. the world health organization is concerned that the zika virus is in the katy perry islands. -- islands. 4500 have been more than cases reported in cato verde. sending mixed signals about how to increase economic growth, japan and canada want a plan that includes more fiscal the newest. germany is pushing back against calls for more spending. president obama will meet with the indian prime minister in washington next month. the leaders are expected to discuss climate change and clean energy partnership obama announced on his last trip to india. global news 24 hours a day powered by our 2400 journalists in more than 150 news bureaus around the world. i am vonnie quinn. s

." ♪ shery: live from london and new york, i'm shery ahn. mark: i am mark barton.s is the european close. shery: sign for the bloomberg business flash, a look at the biggest business stories in the news right now. general electric will take part in up to $3 billion of investment in saudi arabia that don't have anything to do with oil. part of the founding plan to diversify the economy. ge will invest in water, aviation, digital, and other projects by 2020. the company will double its saudi workforce to 4000 people. has gotten in order for 100 jets for vietnam. billion, than $11 although airlines generally give discounts on big orders, the agreement was times to coincide with president obama's visit to vietnam. the board of tribune publishing has rejected the latest takeover offer. the publisher of the chicago tribune and the los angeles times call the bid clearly inadequate trade they are offering about $864 million, including debt. meanwhile, a billionaire has taken a 13% stake in tribune. that's your business flash for this hour. if you weeks ago, the market was

shery ahn has more from our newsroom. this one a split decision. bernie sanders won the democratic presidential primary in oregon and hillary clinton claimed victory in kentucky. hours after the polls closed it was too close to call. the primaries did not do anything to change the dynamic of the race. clinton is inching closer to the number of delegates she needs for the nomination but sanders is not giving up. >> let me be as clear as i can be. i agree with you, we are into the last ballot is passed. shery: the next big test for the democrats, primaries in california and new jersey and four other states. according to their latest financial disclosure form the former president took him 1.4's -- $1.7 million in 2015. down 93% from the previous 16 months. likely republican presidential heinee donald trump says made $557 million last year. his campaign provided few details of how he earned the money. is in cairo for talks with egyptian officials. they are exploring ideas for supporting a new is really palestinian peace bid. kerry flew to the capital t

shery ahn is here this morning. ahn: the latest data from china underscores how japan has seen weaken external demand weighing on the economy. manufacturing fell to 49.4, slightly below estimates. on government's official kid sunday shows conditions stabilizing in april after rebounds in march. arabia isy that saudi working through restructuring $2 billion of debt at its fueled unit. they started restructuring costs with lenders with the expectation that they won't be able to come up with the cash for payments. sources tell bloomberg it is the second time since the financial crisis. the company has had to restructure debt. that is mostly held by saudi banks. the g-7 energy minister said they will promote investment and energy products to ensure a steady supply of the oil price drop. the pledge comes after meeting in japan. the u.s. energy secretary told bloomberg that the oil supply glut will ease over the next 12 months. >> that is no question that we have an oversupply relative to demand, but as was discussed with

let's begin with the first word news with shery ahn.lary clinton super pac is preparing to launch an anti-donald trump ad blitz. priorities usa will start airing it's a general election and starting wednesday. they will spend $6 million in ohio, florida, virginia, and nevada. a majority of americans support universal health care. the latest gallup poll indicates support0% of americans replacing the affordable care act with a federally funded system that provides insurance to all. the plan backed by bernie sanders. hillary clinton wants the eca to stay in. donald trump wants to repeal the legislation. to the u.n. says the eu's response to the refugee crisis lacks a vision and is urging an immediate change in policy. the envoy also criticized the agreement between the eu and turkey to send back refugees who make it to europe, saying it operates under legal and beauty. in000 people who arrived greece after march 20 are being detained. 100,000 laps around earth for the international space station, which reached the orbital milestone today a

i am shery ahn.ing up next, set up with reports on inflation. how speculation with the fed may raise rates this summer. returns.omberg " this is how things are shaping up. s&p 500 futures are down .2%. by .3%.is down ♪ jonathan: it is another u.s. retailer with another negative outlook. for sales in the second quarter. target down by 7.55% in the premarket. revenue was a miss. the outlook for the second quarter is getting the stock be right now. this is one to watch ahead of the open. david: not a good morning for target. we want to turn to rate expectations. fed minutes are being released at 2:00 p.m. eastern time after said residents have taken a hawkish tone. -- gabriela santos is still with us. if there were a faster rate hike, would that be a catalyst to get this moving in a sideways direction? gabriele: you could argue that it could be but initially it could cause volatility. if you think about what sector that would benefit, it would be financials. such a key sector of the market. in the e

ahn, an independent. welcome. >> caller: hello. thank you, c-span, for your program. and thank you, stephen, for this effort on this book. it's full of facts that you point out that are much needed when pointing out specifics. the -- i believe in this society and in most societies we have a tendency, the people have a tendency. some of them want to move forward and progress, and then some want to go back. there's always that pull in society, it seems. and there are some that kind of like the status quo in the middle and they're okay with that. so there's always this dynamic, it seems, in society. i believe also, and i think you're correct, that we have improved and there has been progress made through the years in all those aspects, the social aspects and the economic aspects. but of course there are warning signs that are occurring, and we can't close our eyes to that. >> okay. ahn, give us a warning sign real quick. >> caller: the woman in michigan saying the poverty has increased. obviously the poverty in michigan has increased. we have to be careful with that. the

from the bloomberg news room, i am shery ahn. "bloomberg west" is next. ♪ emily: i am emily chang, and this is "bloomberg west." coming up, the oracle logs on. warren buffett comes out swinging with two big bets on tech. we will break down the berkshire-apple connection. apple turned heads when it jumped into the passenger seat with didi. we will have details on a potential ipo. reportedly working on its own private labels for things like baby products, snacks, and household items. there is a launch planned for next month. our lead, warren buffett, the oracle of omaha, has disclosed a $1 billion stake in apple, announcing it bought 9.8 one billion shares sometime in the first quarter. buffett has historically stayed away from tech, saying he doesn't understand it. in late 2011, buffett acquired a 5% stake in ibm. shares are down some 20%. apple shares popped on news of buffett's buy, but the road ahead for apple isn't shiny. carl icahn just disclosed he no longer has a stake in the company. discuss, shira ovide from new york as w

guy: thank you, shery ahn.st time in years, ,rofits will exceed estimates according to data compiled by bloomberg. sophia cost us joins us, who helped us compile the data. she joins us now. this is something that analysts have been waiting for for quite some time. is it too early to get excited? >> perhaps on. -- not. the last time this happened, the s&p gained an average of 5.5%, and it is a leading bullish indicator. we all know that profits in the first quarter weren't bad, so analysts are focusing on guidance. maybe taking the glass half-full approach -- it might be a time to do that. it's not just in the u.s.; it's also -- negativity is pulling back a bit from the world, from profits around the world. the number of cuts are almost equal to the estimates being raised, and that would be the first time in two years that happened. it seems that the tide is turning more on the other side. caroline: we are getting more optimistic. perhaps is it that analysts were too pessimistic? how much of a bullish sign is th

let's get onall, to the bloomberg first word news with shery ahn. shery: thanks, caroline. chairs and mitsubishi motors have jumped by more than 16%; that's after a confirmation in talks with nissan, including a possible capital tie up and that if you will economy scandal that has battered one of japan's smallest automakers. people familiar with the matter say nissan is taking a 33% stake in mitsubishi motors. the bank of england holds its last so-called super thursday before the eu referendum today while all economists in a bloomberg survey predicted no change to the interest rate. that bank of america merrill lynch says one or two of the nine-member panel may vote for a rate cut. reportrterly inflation with governor mark carney will be scoured tonight by both sides of the brexit debate amid concerns with recent services and production data. japanese investors appetites for 30 year bonds has made them, in the words of one manager, the most expensive on earth. locals say they want more, not maturing in 15 years or more, with the only ones in positive yields. japan has sold

. >> reporter: air ahn nah's mother, nicole fitts's body was found in the park last month. best buy offered a $10,000 reward to help find the girl or solve the homicide. >> we hope by offering the reward, which can bring the person responsible to justice and begin to heal. >> reporter: police believe there may have been a disagreement with the people who looked after arianna while fitss worked. she was last seen in february. they say the couple who initially cooperated have stopped. we spoke with an attorney for helena and devon martin. >> it started out as people who maybe could provide information. they realize they looked at as suspect. they did what people should do, hire an attorney to help understand what would happen next. >> reporter: police say in the investigation his clients did make initial statements. they have not been named as suspects and he's advised them to not make any further statements. reporting live in san francisco, christie smith, nbc bay area news. >> the case has taken many twists and turns over the past month and a half. arianna's mother nicole w

ahn: they are headed to china.er has become the first hedge fund manager to win chinese approval to set up an investment management business. that's according to a consulting firm in shanghai. -- $154age $154 billion. we are getting look at how much debt saudi arabia holds. the u.s. says the saudi's hold $117 billion in treasury. that's up from $83 billion two years ago. they are among the top 12 countries holding u.s. debt. -- freedom ofamer information request from bloomberg. what are once it to be easier for you to send longer messages. they will stop using photos and links as part of the 140 character limit. links take up three characters. plan to give more flexibility to users and a trending one. that's the bloomberg business flash. tom: all you need to know is if you have invested like michael mckee did 10 years ago, you would've made a 16% for year. apple is the only foot. michael: april was a good month retail trade home depot is different. their fortunes are tied to the housing market area it's not a quest

shery ahn is here with first word news. a remote-controlled submarine is being sent to egyptairr the missing jet. they will try to locate the voice and data recorders, which could be almost 10,000 feet below the surface. french investigators say the plane generated automatic radio messages about smoke and the kamman -- smoke in the cabin before disappearing. iraq has launched an offensive to retake falluja. the prime minister says the iraqi forces are "approaching a moment of great victory." falluja is 40 miles west of baghdad. islamic state has controlled it for two years. president obama has ended one of the last symbols of wartime animosity between vietnam and the u.s. he lifted the embargo on weapons sales to vietnam. president obama: this will ensure that vietnam has access to what it needs to defend itself, and it removes a lingering vestige of the cold war and underscores the commitment of the united states for a fully normalized relationship with vietnam, including strong defense ties in this region for the long-ter

ahn ban sun and nguyen minute dfu and others remain in prison for what the -- their advocacy of humans, in prison what the communist party calls abusing the rights to freedom of democracy. not surprisingly vietnam now ranks in the world 175th out of 180 countries for press freedom. that means vietnam is behind cuba, it's worse than saudi arabia, it's worse than iran. that's why we're here at this hearing. freedom of religion is a significant concern in vietnam as the government continuing to restrict religious practice through registration requirements, through harassment, through surveillance, branches off the burris church -- buddhist church and independent catholics and property assistants are ban ned. several have remained under house arrest since 199 for his religious beliefs. if the united states and vietnam are to build a stronger relationship, the vietnamese government must honor the basic human rights of the vietnam ease people with respect to freedom of speech, religion, assembly. and that's the message the president of the united states needs to send during his upcoming vis

shery ahn has more from the newsroom. shery: voters go to the polls in oregon and kentucky tomorrow. hillary clinton is as that eight training center in louisville. bernie sanders is also in the state. he is talking about the worsening debt crisis i have the primary coming up on june 5. donald trump says for to senator marco rubio is not on the consideration to be his running .ate the washington post reported him, chris christie, and sarah palin being considered possible vice presidential picks for donald trump. he tweeted that this is wrong and most of those mentioned are not being considered. the supreme court has compromised in the affordable health care act. contraceptives case. to sended unanimously this back, saying both sides may be able to resolve the dispute. religious groups challenged the requirement. this coverage being included in employee and student health plans. the campaign backed by a billionaire environmentalist is trying to gather signatures for a ballot measure that would make more -- it would raise c

ahn: i think the issue is orton and has been recurring through history. it has just been accelerating lately. we have had extensive discussions to try to get a handle on this and i can't say i know the answer that i have to be optimistic that robots can take over the doll and dangerous jobs and give people better things to do with their lives. we can improve the quality of work people do, i think technology could raise everyone up and lead to full employment. have talked a lot about google's robots on the show. a lot of people don't know why or what they're working on, but boston dynamics, that makes these humanoid robots that can walk through snow or walk-through robot -- zones, now they are selling that company. it was out of fear attention to that the public was scared. what do you think is happening there? guest: i don't know. google did not tell me why. boston dynamics is an extraordinary company and they will continue to push the boundaries in robotics. help i think robots can people. we have a class in assistive technology to help people who are di

i am shery ahn. tough talking mayor said fighting poverty will be his party as he claims victory in the hit -- philippines. one of his big rivals has conceded. this -- our correspondent has more. has linda: they voted for change while endorsing [indiscernible] he also promised to eradicate corruption and address infrastructure bottlenecks in the country. forward he step needs to unite the people. this is one of the most divisive elections in the past 30 years. he also needs to gain the confidence of the investment community. theou take a look at how peso and the stock market have done they have dropped in the last months of the because investors are not sure what the new administration means for the investment trinity. -- community. rishaad: still ahead. though worlds most speculative frenzy. more on china's commodity fever. when we return in a couple of minutes. ♪ rishaad: you are back with "bloomberg markets middle east." we have been looking at china. solidifying and not dropping. the picture in w

shery ahn has more from our first word news. sherry: the u.s. up in court issued decisions today that justice is reached a compromise in the case over contraceptive coverage under obamacare. decision, the justices ruled investors can pursue securities fraud suit in state court, a decision seen as a setback to the financial services industry. the court rejected an appeal leaving intact the award to the state of new hampshire. handed themcourt and award so that more money goes to the estate of a smoker who dropped the -- you died from cancer. so-called wrath through him law is facing another legal challenge. the american civil liberties union wants a federal judge to stop the law from being enforced. andstate of north carolina the u.s. justice department are suing each other over the law which orders transgendered people to use the bathroom that corresponds to their sex at birth. has honored 13 ,aw enforcement officers presenting the awards in east room this morning. to a them, respondents rampage at a committee college campus. dayal news 24 hours

i am shery ahn. alix: let's get a recap of the market action.ing at gains for the s&p, dow, and nasdaq things to crude prices that boosted energy shares and apple is the biggest gainer after berkshire hathaway disclosed a stake in that. joe: you can see a bit of a surprise. there is weak economic data, empire fed, and china we are about to talk about. and yet you some resilient equity markets. scarlet: you can thank warren buffett for apple. in a filing has reduced his stake in paypal by 8.4 million shares to 3.1%. that is still a sizable stake for carl icahn and paypal. he was very vocal in pushing for ebay to spin off paypal as well. so his stake is still -- joe: good on tech overall. scarlet: and news on george silvers filings as well. let's go pull it up. do we have that right now? ok, i am getting the word from the producer it is under ni heads. only, do you know that company? george is reporting stake in this as well. glty. , sp y and we will continue monitoring these headlines from those filings. "what'd you miss?" we are pointing to econ

. ♪ sherry: live from london and new york, i'm shery ahn. mark: this is the european close.k at some of the biggest business stories in the news right now. to exert more control over the auto emissions scandal. not everyone is cooperating. fiat chrysler has refused to meet with the german transport minister to discuss emissions. and the ministers italian counterpart has told him in effect to leave fiat and that italy is responsible for testing fiat. digital banking in india will expand the consumer business. the british bank will shutter half of its branches in india while they are targeting affluent indians who have devices for electronic banking. bidjor blow and its hostile to gain lofty maker of amber capital after raising itself by 11%. some analysts believe a counter offer is unlikely. that is the latest bloomberg business flash. fliesngry birds movie" into the u.s. and chinese theaters today. the film is based on the smartphone game from finland's rodeo and has already grossed $43 million since its debut last week in europe, russia, and south america. big ineo, this is

shery: i am shery ahn. janet yellen says the ongoing improvement in the u.s. economy could foreign to a nether interest rate increase in the coming months, but stopped short of saying exactly when. we will follow reaction in the stock and treasury markets. get ready to wait. airports are expected to spend millions to help customers avoid long security lines, but will it be enough? and what this means for your travel plans this season. shery: protein is hot and chocolate is not so her she is diversifying -- hershey is diversifying. beef turkey? we will explain. we are one hour closer to the close of trading. julie hyman, how are stocks holding up? julie: relatively well. janet yellen is not derailing the rally, small though it was. we have pretty much made a round trip to where we were before she made her comments about interest rates potentially going up at some point this year. there had been some expectation going into her comments that she might be more dovish. basically, with that more dovish commentary, that created a market reaction. if you look at volum

live from new york, i'm shery ahn. mark: this is "bloomberg markets ."cting data on oil inventories any second. let's go to julianna markets desk. oil already higher ahead of the data. julie: that's on the back of the american petroleum institute last night reporting there have been a drawdown of more than 5 million barrels in oil supply in the u.s. we are getting the government numbers in it was -- it looks like a drawdown of 4.2 million barrels. much more than anticipated in our survey, but not at the more than 5 million barrel drawdown. 4.2 million barrels dropped and supply. cushing, oklahoma dropped by 649,000. there was a building gasoline inventory for drawdown was expected. two million barrels. distillate inventories about 1.3 million barrels. refinery utilization also dropping about 2/10 of 1%. a lot of different numbers. you see it looks like initially there is a small leg taken downward in oil prices. i will look at the bloomberg to see what it is reflecting. wavering around. it tends to take time for people to go through the report. there was

. ♪ shery ahn: the supreme court has compromised on the obama contraceptive case.usly to send the case to lower courts, saying both sides may be able to resolve the dispute. the court passed up a free-speech case in its own front yard. that move leaves in place and appellate ruling that you can bar protesters from the premises. president obama honored 13 law enforcement officers who risk their lives in duty. he presented the medal of valor in the east room. monica california officers for their response to a 2013 rampage on the community college rambus were honored.voters go to the polls in oregon and kentucky tomorrow. hillary clinton visited a union training center in louisville. last week's primary in west virginia, a neighbor of kentucky. after beating 5000 to one odds on their march the premier league championship, leicester city celebrated what is being called one of the greatest achievements in professional

. ♪ shery ahn: the supreme court has compromised on the obama contraceptive case.ces agreed unanimously to send the case to lower courts, saying both sides may be able to resolve the dispute. the court passed up a free-speech case in its own front yard. that move leaves in place and appellate ruling that you can bar protesters from the premises. president obama honored 13 law enforcement officers who risk their lives in duty. he presented the medal of valor in the east room. three santa monica california officers for their response to a 2013 rampage on the community college rambus were honored. voters go to the polls in oregon

shery ahn is here with first word news. >> the u.s. is backing libya's request for weapons to fight the islamic state. john kerry is in where he met with the russian foreign minister and diplomats from 20 other nations. army says it makes sense to libya but he rules out the use of u.s. troops. a poll shows the majority of britons want to remain in the european union. 55% want the u.k. to stay in the block. 40% want to leave. the referendum is june 23. hillary clinton will try to avoid losing both of today's prize -- democratic presidential primaries. clinton's lead over bernie sanders is almost unbeatable, still, losing in kentucky and oregon could -- the demographic failures sanders -- the demographic favors sanders. global news, 24 hours a day, powered by 2,400 journalists in 150 news bureaus around the world. i am shery ahn. coming up next, george soros goes for gold and makes a big pullback from u.s. equities, detailed next. jonathan: coming back now, a lot to get through. let's bring in julie with the latest. >> once again, lendin

the potential downside of pot is appearing on the roads in washington state where recreational mayor ahna is legal. the aaa says the percentage of drivers of pot-related fatal crashes more than doubled between 2013 and 2014 from 40 to 85. >>> frustration is growing over the extremely long security lines across major city airports. with traveling increasing in the coming weeks and months, a new action plan has been announced in hopes to cut the gridlock by the tsa. nbc's tom costello explains. >> here is the start. let's see how long this thing is. >> the cell phone video from midway airport says it all. a security line stretching for hours. >> guess what? it's just getting started. >> reporter: we'll move midway aside as similar scenes play out across the country. adding insult to injury, this. 3,000 bags at phoenix missed their flights because of a tsa glitch involving explosive screeners, confirmation that some tsa skufrt officers have been assigned to security for the presidential candidates. the homeland security secretary promised change. >> we will not compromise the security of av

this book is dedicated to all the useful idiots out there, especially those who are ahn way wear we were using you all along you turned out to be the most useful idiots of all, lord nefarious. that is a mustard seed, to borrow expression, that where the rest of the book came from. in western civilization there is great examples of using alter egg goes or caricatures to tell culture truth maybe if you put your own name on it they might be offended by, one of the greatest examples, sir thomas moore utopia was scathing rebuke of monarchy what is happening at the culture at the time. they eventually burned him at stake, by writing first in the book utopia. he escaped persecution originally and got people to listen to his ideas. this is way to get around some of the political correctness and maybe some walls we built in our culture between different idealogical dividing lines or theological lines and objective look at what has become of us as a people and where we're going if we don't turn back. >> host: ben shapiro says that steve deace's humorous new book take as wry, satirical look at futu