what does this mean for athena health going forward?t may not plan to elliott -- elliott's fans, there may be an -- hands, there may be an open auction, they could be worth $180 for sure. it is trading around where the elliott offer is, $160. most people arguing the proposal put forth as elliott is a basement on which the evaluation would be built. said the samere thing, it will probably be sold for higher, given the interest by people. in the meantime, until they find a new ceo, what will happen to athena health? who is leaving it? -- leading it? >> jeffrey immelt was appointed chairman a few months ago. he will be taking over as executive chairman. the cfo will take on some additional duties. space,tell us about this something in the cloud your doctor can handle records. who else is in the space and who would be a likely buyer? >> some of the names who have surface are who you would expect , major software companies like microsoft, oracle, even salesforce. there will be some financial players interested, intentionally doing a leverage

athena health is an asset that is really unique in the health care i.t. world.application that is in front of a doctor's eyeballs, ground zero health care decisions are being made. and the industry right now is kind of a down market in the electronic health recor world, that growth has slowed in that business, but there is better growth days ahead. so personally i think a strategic buyer is likely to step in tha wants to gain a foothold in the health care space. and could see a path forward to monetize this really great data asset. julie: who are some contenders? d be big tech companies. buy i think athena is a software company at the end of the day and i think the likely buyer woultwarenies, so oracle, that wants to establish a greater presence in the health care space, microsoft, who is already there in a lot of ways, and i would throw out salesforce, thate some really adjusting inroads into the health care space in the crn world, but could go a lot deeper. the counterweight is the ssibility of them doing two big acquisitions in one year, it elliott had critic

athena health jonathan bush is out. jeff immelt is in as executive chairman. elon musk and a vote of confidence from tesla shareholders. >> it is a victory. it is not surprising given the base. erik: big money. big ideas. bloomberg speaks to figures in global investing. >> it is a sellers market. japan is not only growing in real terms, but there is a fundamental restructuring happening. >> we should looking at china equities as sin stocks. erik: and the ubs ceo offers this advice during the recent volatility. >> this is not an environment in which you put on more risk. erik: it is all straight ahead on "bloomberg best." ♪ erik: hello and welcome. i am erik schatzker. this is "bloomberg best," your weekly review of the most important business news, analysis, and interviews from bloomberg television around the world. last weekend, officials from the u.s. and china met in beijing hoping to make headway on trade issues that of but the nations at odds. despite a cordial veneer, by monday, the two sides were playing the blame game again. >> u.s. commerce secretary

elliott management proposed buying athena health early last month.lliott has made a bid for the company. do you think that makes the most sense, or do you think a strategic buyer comes in here? >> i think $160 is the downside on the stock. i think it makes a lot of sense for a strategic buyer to come in. athena health is an asset that is really unique in the health care it world. their software application is in front of doctors' eyeballs in 100,000 offices around the country, ground zero of where health care decisions are being made. the likely buyers would the big tech companies. i think athena is a software company, and the likely buyers would be software companies. >> another day, another round of outrage at facebook's handling of user data. this time it is not about a consulting firm with ties to president trump or apple, this time it is four chinese consumer device makers. huawei was barred from having its products sold to the pentagon and armed forces. once again, facebook is having to answer concerns it is failing to be transparent in how its

athena one final time.ten to this. >> you're going to talk about what the goddess beauty mars. >> nike. is nike the goddess of zeus? there's a quote like this and it took me a minute to get to it because we rushed through these. jonathan bush, this is what he said i believe for working for something larger than yourself is greatest thing a human can do these things give shape and purpose to an otherwise mechanical and brief human existence. it's a near once in a lifetime example of such a thing. it's easy for me to see the things that made me useful to the company and caused these past 21 years are now exactly the things that are in the way. >> that's about as external i've ever heard. >> they don't cite a particular reason for the departure. >> no. those things that are in the way. >> >> we don't usually read quotes like that. >> no. those are highly polished. >> what is it about jewelers, especially this one, they can't move in increments of less than 10%. >> virginia has cleaned that company up she's tur

how hedge fund managent may benefit from changes at athena health >>> and i'm kelly evans. a new report says 40% of housing markets are overvalued we've got the details coming up on "the closing bell." >>> and welcomto "the closing bell," everybody we're going to get to all of those stories in just a moment, but let's get you up to speed in the final hour of trade today. the dow's kind of lifted off here we're up 288 points. it's better than a 1% gain and about twice as well as the nasdaq and russell are going today. although they both hit intraday highs once again nasdaq today 7676 or so. >> it's been a solid and steady rally. let's kick things off today with mike santoli a look at the tech stocks that have been left behind during the sector's rally mike >> you know, there haven't been that many of them. this tech rally has been pretty well inclusive the nasdaq as a whole is up 11% year to date the s&p sector up nearly 12% and of course those fang stocks have been getting all the attention. even software is a group up 25%. however, you can find some isolated larger tech st

athena, what have you learned? >> reporter: hi, kate. so much information coming out of this press conference with district attorney stephen zavala that just wrapped up. he wants ask the jury consider all levels of homicide. it is unclear whether this would be first degree, second degree, third degree. he said thevidence supports the third degree and they want to argue for murder in the first degree and the penalty for that is life in prison. the district attorney described officer rosfeld's act as an intentional act, done recklessly, and there was no justification for it. antwon rose did nothing in furtherance of a crime and that is why they would ask they to consider all levels of homicide. stephen zavala said you do not shoot someone in the back if they are not a threat to you. he didn't know exactly how many seconds passed between officer rosfeld stopping the vehicle and shooting antwon rose, but that it happened very, very quickly and we have new video from the scene and there were questions about the training of this particular off

athena jones is working the story for us. president, his sons, his daughter, they are all named in this lawsuit. >> that's right. this is the latest lawsuit -- latest legal challenge the president is facing. this stems from an investigation that began in june of 2016. new york's attorney general has released a long list of docum t documents as supporting evidence, including a memo authorizing an improper payment from his foundation. courts, and in this case new york's chief legal officer, are stressing that no one, including the president, is above the law. tonight, new york's attorney general is suing the president, the donald j. trump foundation and three of his adult children, alleging they broke state and federal laws, part of a pattern of illegal conduct over more than a decade. the petition says the trumps and the foundation engaged in extensive unlawful political coordination with the trump presidential campaign. self-dealing transactions to benefit the president and violated basic legal obligations for a non-profit th

athena jones is working the story for us.ohen is under tremendous pressure tonight. >> reporter: he is. look, this is the main reason we have been focused on michael cohen the last couple of months. it's less about the specifics of his legal troubles and more about what it could mean if the president's longtime lawyer who knows about him and his business dealings decides to share what he knows with the feds. >> good luck, mr. cohen. >> thank you. >> reporter: president trump's longtime personal lawyer michael cohen has indicated to family and friends he is willing to cooperate with the feds to alleviate pressure on himself and his family. he is under criminal investigation by the u.s. attorney's office in the southern district of new york for his personal financial dealings, including the $130,000 payment he made to stormy daniels days before the 2016 election to keep her quiet about an alleged 2006 sexual encounter with trump. cohen has expressed anger with the treatment he has gotten from the president who has minimized his

canal is wider basically this come out one of the if you can look at oh all around in the wide in athena's is just the fact that. community brings. tons of. trucks so just trying to push the water back. i mean when i see it. i see a change out while i want to see what i can do to change it would what does it take to change you know on. its own that's really what i see why i see wall want to see what it takes to change it when i look at the tsunami because this is good not i had. nicknamed the stime river this is the tragic symbol of a city to running and trash. the air smells rotten there is no functioning garbage collection system and total chaos which has two and a half million inhabitants most trash lands on the streets and in the river. the plastic bank wants to prevent it from eventually ending up in the ocean. so it buys up plastic waste and recycles it. but it's early days for the social class to project. their collection points across the city which are funded by international funds. you richardson good stuff isn't charge of portal plus if you. do that. it's saturday afternoon. the

it was a very sobering. >> break up shares of athena health >> what are you even talking about?wanted paul singer to go to at the end. >> that's lightning fast control. one of the big things has been record highs for tjx and nike. >> oh, my! >> the retailers easing a bit today. we did get stitch fix come out with a bead. >> a good quarter. look, i was with jeff gannett yesterday. i interviewed jeff gannett yesterday. >> you had an incredible day. >> thank you. >> what did you say? >> incredible. >> thank you. >> i can't wait until "incredibles 2" comes out. >> they were talking about retailers. this is the quarter it came together for retailers they figured out you start your purchase online and macy's has gotten more digital. and one of the reasons he cited he's hired all these people from ebay that mark lauri suggested. why don't you hire people from e bay. and they have been -- basically i'm now saying some people wanted to outsource. he said i'm bringing in the best he has real estate people. people that are technologyists they have made their websites more attuned to what i

let's go to athena jones live in pittsburgh.umber of details about how he and the number of shots and the account of the police officer that is changing and all of that has just come out. what can you tell us? >> reporter: hi, poppy. that's right. there are a lot of details in this criminal complaint and in the affidavit. the criminal complaint said that officer rosfeld intentionally, knowingly, and negligently caused the death of antwon rose, another human being and this affidavit that is attached to the charges cite several witnesses, several who restate or confirm that antwon rose's hands were emplty as he fled th police vehicle. there was an empty .9 millimeter glock magazine found in rose's pocket at the hospital. what we are learning about michael rosfeld. he was inted on friday by investigators and thi what he tol him. the front seat passenger, antwon rose, exited the car and turned his hand toward rosfeld, and he saw something dark that he perceived as a gun and when investigators asked him again later in the interview r

athena jones is in pittsburgh with the latest for us.orning. >> reporter: good morning, erica. we can also see charges as soon as today in the incident that led to the shooting death of antwon rose allegheny county police department that a juvenile arrested monday is expected to be charged in the drive-by shooting that police were investigating when they pulled over the car that rose was riding in last tuesday night. they believe this individual is the third person in the vehicle with rose, a young man who also ran from police. meanwhile, pittsburgh police have begun working 12-hour shifts in anticipation of protests. we did see protesters hit the streets after a two-day hiatus to lay to arrest antwon rose. they demand that charges be brought against the officer in this case. some also want to see the state attorney general take over this case from the district attorney's office because they believe that would be more fair. they are getting some support from state and local officials when it comes to bringing charges. we heard from the m

are ongoing and his casket just arrived at the funeral service in swissvale, pennsylvania, where athena first time we're hearing from his mother. >> reporter: hi, poppy, that's right. michelle kenny, antwon rose's mother, spoke with abc's "good morning america" about the loss of her son. watch. >> that was my baby. >> he murdered my son in cold blood. if he has a son, i pray his heart never has to hurt the way mine does. >> the ones that say antwon shouldn't have been in the car, to that, you say -- >> my son is dead. for all those people that say that, their son must be at home. >> reporter: an emotional interview with the parents of antwon rose. protests have been on hold for the last couple of days, so that the family and the friends of rose and the community can pay their respects, celebrate the life of antwon rose. yesterday, some -- hundreds of people lined up to view his body, to pay their respects and we expect a large showing here at the funeral. i want to read to you part of what -- the family's lawyer, lee merit, said in a tweet. he said antwon's light was snuffed out by poli

. >> appreciate it mike santoli at the stock exchange shares of athena health are up this hour after news that the company's ceo and cofounder jonathan bush has resigned in a story we first told you about last week, mr. bush admitted to an altercation with his former wife some years ago during a divorce our bertha coombs joins us from the nasdaq with more on this still developing story what do we know? >> this is one of the stories that has been playing out here over several months. jonathan bush has been under pressure to turn the company around in february, he seated the chairman job to jeff immelt, and he relinquished his ceo job and his position on the board. the writing on the wall after reports he had abused his ex-wife during their divorce proceedings for which he apologized publicly. ultimately, this was about activist investor elliot management pushing the cloud-based health records firm to restructure, manage better, and sell the company shares this morning touching a new 52-week high, topping elliott's $160 a share offer made a month ago, as the board now says it's explori

the athena

but athena shares topped that for a new 52 week high at open today and analysts at piper jaffray areaising their price saying it could be a strategic acquisition for a big tech firm. in a statement jonathan bush said he resigned because the very things that made him useful to the company over the last 21 years are now exactly the things that are in the way. >> all right, thank you. >>> a city analyst just raised her price target on the stock to 160 fromd shexplores the reasony a prive transaction might make sense for the company. recei stephanie, take private, does that mean that elliott wins? >> it could be elliott or another financial sponsor. i believe elliott is the most likely as they have been closest to the name for the past must be about a year now i wouldn't bif there are multiple bidders >> so how high do you think the price tag could go >> my animal cyst i'm saying 160 to 170 makes sense for a financial sponr. anything higher, you need a strategic. but that is unlikely >> so if it is taken private, what happens then? you say that is a way to really improve their business w

shit loads, and it's basically the continuation of the original temples, be they apollo or zeus or athenar? >> lambros: they switched over to churches. >> anthony: hey, you guys thought pagan idolatry was fun? check this out. it's much more fun and we'll slide right in there and you won't even notice. >> lambros: seamlessly. yes. [ male villager speaking greek ] >> anthony: important island in mythology though. >> lambros: extremely. >> stefanos: it is the old dionysus island. yes, it is. >> anthony: god of wine, women in song, basically. >> lambros: and madness. >> anthony: and madness. one of the things i like about greek mythology is that the gods were all deeply flawed. i mean, they had some serious problems. they were always, you know, sleeping with humans. they were jealous. they get angry. they weren't pure. they weren't perfect. they weren't divine. they were -- >> stefanos: they were humans. >> lambros: yeah, but every now and then they dionysus would appear, everyone would say -- it and have a great time. why not? ♪ [ man singing in greek ] ♪ ♪ [ thunder ] [ gunshots ] ♪ >> anth

and that bid looks like more and more it could succeed given that athena ceo resigned. i can tell you that running a full day corporate conference last thursday, you might want to assume might be getting targeted at this very moment. here is the bottom line, there are many reasons why a stock market that you think should go down as many people felt last night doesn't go down and most of them have little to do with trade. you should be thinking positively, and not negatively there are too many good things that might happen to justify getting too pessimistic even though i acknowledge that the stock market is overbought heaven help those who bail the day before the activist strike and send your stock to the moon with a letter. mitchell in illinois >> caller: hi, jim, got a question about kinder morgan it has been a dog since cutting dividend the canadian government announced it is buying kmi pipeline for $6 billion which should leave the company debt free, how will this affect the stock and when, is it a buy now? >> well, you know, i don't care for this group i am putting

[applause] we have a question from athena, in texas. what's one simple everyday thing each one of us can do to better our country's political process? trying to break out of our -- areas of political areas of comfort. you know everybody talks to your friends and all agree with you and you make fun of trump and on and on -- but it is a lot harder to have a civil discourse with folks who don't agree with you and what i have said over and over again and let me repeat it here, i do not believe that trump supporters are deplorable. i do not believe that trump supporters with exception i don't mean to say this or not exception so i didn't mean, no, no -- no. be careful about that one. i have been to west virginia. and i have been to kentucky and i have talked to familyies who are strung out on opioids, bheem can't find decent jobs and our -- job is not to put down people because culturally they may be a little bit differently different than we are. the reason that trump is in the white house for today is too long the democratic party has turn

stephen: do you think that the modern conservative movement that buckley birthed from his head like athena >> stephen: who made it cool. >> he was the one who put it on television. >> stephen: he was the one who made it-- >> he was the only one on tv. >> stephen: he was a star. he was someone who could go out there and use his words like a tommy gun and shoot downtown opposition, and people loved watching it. even if they didn't agree with him, he was enjoyable to watch. but do you think the conservative movement he helped, do you think it even exists anymore? it is embodiy, mostly in the republican party. even boehner said there is no conservative party. there is a trump party. >> boehner is right. you you mixing what it is to be a republican, what it is to be a conservative. i think they've both been overtaken by trump in this moment. the party has been trumpified. the conservative movement is more a conservative po populism that has little to do with the tenets that buckley put together or reagan put together and plilt plit sized. reagan talked about the three legs -- social conservativ

athena jones is live in pittsburgh with more for us. >> good morning, erica.ficer was release odd bond. now he has been ordered to subject himself to electronic home monitoring where he will be forced to wear an ankle bracelet. there may have been jurisdictional issues with the way bond was set early wednesday morning. the d.a.'s office informed the judge of their concerns and the judge reinforced the bond and adding this condition of electronic home monitoring. there are a lot of folks who wanted to see his bail revoked entirely. we also learned from the lengthy and extensive detailed briefing that district attorney that was given to reporters yesterday, he gave inconsistent statements when being interviewed by investigators. at one point he said he saw something dark he perceived as a gun in rose's hand. but when investigators pressed him on that, he said he did not see a gun. this is the pointed that the d.a. emphasized when he called it intentional, reckless and unjustified. about the three shots the officer fired, they hit antwon rose in the face, arm, ba

our correspondent athena jones has been on this story. she joins me live.ow this officer was temporarily suspended of his duties now. these official criminal charges. >> reporter: hi, poppy, that's right. one count of criminal homicide. i want to read to you from the criminal complaint we've obtained. it says the actor, meaning the officer, intentionally, knowingly, recklessly or negligently caused the death of ant wwon rose, another human being. we know from the criminal docket that the officer was arrested and fingerprinted today and we know that his first preliminary hearing is scheduled for next friday, july 6th. we expect to learn more information at 11:00 when the allegheny district attorney briefs t media. now that name is a name that has been on the protesters lips for days. they have been marching in the streets and demanding the district attorney bring charges in this case. this is what protesters wanted to see and what the family has wanted to see. we have a reaction from lee merritt who is the attorney for ant wwon rose's family. michael rustfel

in a statement bush believed working for something greatef i you can do athena health has been that forast 21 ynose thingthat made m are e exact things that are in the way of the firm's potential to transform health care the stock up more than 20% since elliott offered 160 per share a month ago, hitting a new 52 week high today the board saying it will explore possible sale. evercorp analyst ross mucken puts the odds 60% it will be taken private by elliott. atheen ya represents what he believes is the best asset, cloud based, raising his price target to 179 and john, he thinks it's somebody outside of health care, microsoft, salesforce, or oracle. >> yeah. there is a lot of interest from outside of health care in disrupting it certainly, bera, and from tech for sure thanks for that. >>> ancoming up with tech stocks hitting all-time highs mike santoli will bring us back down to earth with a look at what's worrying wallt. the state that's suingacebook, washington attorney general bob ferguson will join us in a few minutes. ayitush we started making wine in 1948... [sfx: bottle sounds on c

. >> shannon: a fox news contributor and distinguished fellow at partner colleges athena center for leadershiptributing editor at "the daily caller." welcome to you both. >> thanks for having us. >> shannon: i want to play more of what president clinton had to say during his interview with nbc news. >> i felt terrible then. and i can -- >> did you ever apologize? >> yes. nobody believes that i got out of that for free. i left the white house $16 million in debt to. >> shannon: you know monica lewinsky has spoken out on this as well, and she said my whole life has been destroyed with how this turned out. it looks like president clinton has rebounded pretty well. >> well, i mean, definitely, i think that he was very flustered and floundering and even surprised at these questions today, shannon. that was surprising to me. what was even more surprising was just his lack of empathy. this coming from someone whose ability to connect with people and be empathetic was the stuff of legend, political legend. i think there is no doubt he should make an attempt, if she would allow it, to privately apologi

we now have a question from iowa three that in frisco -- athena in frisco, texas.t's one simple, everyday thing each of us could do better -- could do to better our country's political process. >> i think we have got to try to break out of our areas of comfort, political areas of comfort. you know, everybody talks to your friends, and they all agree with you, and you can all make fun of trump and yada, yada -- [laughter] okay? but it is a lot harder to have a civil discourse with folks who don't agree with you. and what i have said over and over again -- and let me repeat it here -- i do not believe that trump supporters are deplorable, i do not believe that trump are supporters -- with exceptions. i don't mean to mean that there are not exceptions. [laughter] no, i didn't mean -- no, no, no, don't. be careful about that one. i have been to west virginia, and i have been to kentucky, and i have talked to families who are strung out on opioids, people who can't find decent jobs. and our job is not to put down people because culturally they may be a little bit differ

cnn's athena jones is live in pittsburgh with more. what more do we know about these charges? >> reporter: right now all we know is that the charge criminal homicide. we know the officer was arrested and fingerprinted this morning. he is expected to have a preliminary hearing next friday, july 6th. we'll learn more details from the allegheny county district attorney when he briefs the media at 11:00. that's when we expected to learn more about these specific charges. this is exactly what the family of ant wwon rose has been demanding and the protesters who have been taking to the streets have been demanding. they put the pressure on the district attorney and these charges having been announced. this is something that the protesters welcome. they've gotten support from other city and state officials like the mayor who said he wanted to see a jury trial from a state representative who told me if law enforcement wants to build trust with the community they have to show willingness to discipline their own. we have reaction coming in from ant wwon rose's family attorney this is wha

athena jones is live for us in east pittsburgh following this story. what can you tell us? we're standing outside the east pittsburgh police department. this is where the protests have been kicking off the last couple of nights. we were here last night as a crowd of about 100 gathered to demand accountability from the police department. they were carrying signs like justice for antwon, save our sons, black lives matter. it was a diverse crowd, white, black, young, old, a child in diapers. i spoke to a 16-year-old woman carrying a sign that said stop killing our babies. she said she wants the police officer who shot antwon rose imprisoned and wants better training for police officers. they were blocking intersections around this immediate vicinity from the moment the protests began around 6:00 p.m. by 9:00 p.m., they had reached some 3 miles over to interstate 376, a major artery in this area, blocking traffic, some of them lying in the road for several hours. it was emotional at one point. one man yelling you all are killing us. one protester was arrested as police tried to