the nine frigates will be based on the type 26 design bae is building for the royal navy, but will beolcim says its french subsidiary is under formal investigation in france over claims it funded a terrorist group in syria. last year, lafarge admitted paying armed groups in the country in order to keep a factory operating in northern syria as violence mounted after 2011. and now what's trending in the business news this morning. cnbc assesses the fallout from amazon's move into healthcare hitting the shares of retailers and pharmacy chains. it wiped out $17.5 billion from eight companies in one day. on bloomberg — big tech worried as california law signals us privacy push. california's governor signs sweeping data protection legislation along the lines of the eu's gdpr. it says more states could follow. and from wired — boeing's proposed hypersonic plane is really, really fast. boeing has unveiled a concorde for the 21st century that could cross the atlantic in two hours and the pacific in three. and don't forget — let us know what you are spotting online. use the hashtag #bbcthebrief

the ships will be based on anti—submarine frigates that bae is building for the uk's royal navy.alia, its won a major trade dispute over its pioneering plain packaging for cigarettes, in a decision handed down by the world trade organization. they were selling cigarettes and very drab looking packages. the complaints have now been rejected. and the chancellor phillip hammond is facing fresh pressure over the lack of women in senior roles at the bank of england. nicky morgan who chairs the treasury select committee, has expressed her disappointment in a letter to the governor of the bank of england, mark carney. ms morgan said diveristy in senior management roles at the bank had actually fallen last year. her comments come after two men were appointed to senior roles. it will seem that every has a reasonable amount of growth in the economy, interest rates will go up, making the pound more valuable. thus we see the dollar up against the pound. —— pound against the dollar. the dax is bouncing back from short falls because of a successful eu summit over the last few days in the migra

s bae systems.ae shares climbed in london while those of the unsuccessful italian better slumped -- bidder slumped. matt: juliette saly in hong kong. she flies back and forth, the jet set life. let's talk about equities in that region. ending the week on a high, but the region's benchmark is heading for the worst first half since 2010. at head of equity investment stater partner joins me now. partner joins me now. the overnight trade looks really strong. asian stocks were up big. >> we are bouncing back from a week start to the week on concerns about trade war's. maybe bargain hunters are helping to support markets. the overall backdrop is still negative in the short-term. why the weakness? has the weakness been due to donald trump trade war concerns? >> i think that has been the catalyst, but not the cause. the cause is the u.s. dollar. we have seen the dollar being much stronger than standard charter expected. aat is resulting in flattening out of portfolio funds. that is being compounded by the w

post— brexit global britain success story, that's kind of being sidelined a little bit but as you say, bae think they should be. on the whole racks at issue. jeremy hunt came out strongly against that and other ministers have said business has the right to speak their minds. it's interesting that this is the company they are kind of relying on to their good news story. theresa may put out a statement enthusiastically welcoming the news and pointing out she among others had been lobbying and malcolm turnbull, the australian prime minister, choosing us instead of a consortium from spain and italy. there is a similar arch comment from an australian defence analyst, slightly stuck —— sarcastically suggesting this decision was taken as much on emotional grounds, and the long—standing relationship between our countries, rather than necessarily clarity of analysis. we generated a warm feeling rather than figures on the spreadsheet. generated a warm feeling rather than figures on the spreadsheetlj generated a warm feeling rather than figures on the spreadsheet. i have no doubt bae thoroughly deser

of it is highly unlikely but it's very clearly what bae is trying to do i mean the nine months have been the f.p.u. tome of evil per basic revie entire century a company had to be draining farmers destroying the environment or poisoning our food so it looks like a buyer is spending a lot to possibly inherit a bad reputation when launching this takeover bid a buyer promised it would not introduce genetically modified crops in europe experts are still warning buyer is going to feel the impact of this bad reputation by association because some of the brand names which will become part of the new part folio draw almost as much controversy as the parent company and buyer is not going to change the thing fell the danger of a knock on effect is real and could potentially damage fate and the stock price of buyer is well the stock is indeed down for the year though see many changes in the sector of the agriculture in the last few months and years do you think that's it as far as liberation goes in the sector. well i mean this still takes place amid a global shake up by sluggish crop prices so the

theresa may has welcomed a deal between the defence company bae systems and the australian governmentips. bae saw off stiff competition from italian and spanish shipbuilders to win the contract, worth around £10 billion to the firm. the australian prime minister, malcolm turnbull, said the deal was a sign of a strong trading relationship between the two nations. ajudge will decide today whether the police commander at the hillsborough disaster can be prosecuted. former chief superintendent david duckenfield faces 95 charges of gross negligence manslaughter in connection with the tragedy, which happened in 1989. an order preventing him from being tried was imposed 18 years ago but, this morning, a judge will rule whether that order can be lifted and a fresh prosecution started. the government has apologised to two people whose parents came to the uk from the caribbean more than 50 years ago. a report found that immigration officials had detained anthony bryan and paulette wilson unlawfully and inappropriately. they were both wrongfully locked up on two separate occasions. the home offi

. >>> bae systems has won the right to build nine warships for the australian navy. the contract is worth $25 billion with a design for the new ships based on bae's type 26 frigate. the project is expected to create 5,000 local jobs over 30 years. production will commence in 2020 >>> shares in sharp have surged after the japanese electronicsmaker ditched a $2 billion share issue. it cited increased market volatility resulting from trade tensions earlier this month sharp announced the plan saying it would use the cash to buy back shares from lenders. shares in sharp dropped almost 20% since the announcement >>> president trump has praised foxconn for investing $10 billion in the united states speaking in milwaukee, president trump said that there is no better place to build, hire and grow than the u.s. trump also had words for harley davidson insisting that the motorcycle maker should not move production out of the united states earlier this week the company said it could shift production away from the u.s. to avoid tariffs. >>> global stocks have seen the biggest los

me your cut, baby ♪ come clean come out of your ♪ smokescreen if you really love me ♪ open my eyes baety chlorine swimming pool, swimming pool ♪ swimming pool, swimming pool indigo, deep blue, deep blue ♪ oh, baby i know where you've been ♪ i know where you've been in the deep end ♪ swimming pool, swimming pool swimming pool, swimming pool ♪ indigo, deep blue, deep blue oh, baby i know ♪ where you've been i know where you've been ♪ in the deep end hold on, don't wanna hold on ♪ if you let go, i can't go on it takes two to dance ♪ show me your cut, baby come clean ♪ come out of your smokescreen if you really love me ♪ open my eyes bae, you burned me ♪ your kiss is salty chlorine swimming pool, swimming pool ♪ swimming pool, swimming pool indigo, deep blue, deep blue ♪ oh, baby i know where you've been ♪ i know where you've been in the deep end ♪ swimming pool, swimming pool swimming pool, swimming pool ♪ indigo, deep blue, deep blue oh, baby i know ♪ where you've been i know where you've been ♪ in the deep end i'm in it, i'm in it ♪ i was only gonna touch ya now i'm in it ♪ i'm in it, s

kenneth bae was still there, rodman was on the wrong side of that issue about bae had done or not doneand sure enough, here we are, a few years later, and dennis rodman is saying, i told you so. so, because -- this is a bizarro world, wolf. but really, i don't know that i have a better guest to bring to the audience tonight than dennis rodman, if i want someone who can talk about kim jong-un and what his predisposition is to the summit and how he'll be and what he'll respond well to or not. he's our best guest. >> he's the only american citizen, as far as we know, other than mike pompeo, the secretary of state, to have sat down and met with the north korean leader. we'll be watching your program later tonight. cuomo primetime begins at 9:00 p.m. eastern right here on cnn. finally tonight, our warmest congratulations to cnn's brianna keilar. you've seen her here in "the situation room," filling in for me, as well as doing excellent reporter as cnn's senior washington correspondent. but tonight she has breaking news of her own. brianna gave birth to her son antonio on friday, with the ba

don't screw it ♪ >> they see her and i say hey, how did you end up with such a bae. >> i get this questionf the time. i go i don't know. i really don't. >> when, he knows how he kept him. >> i didn't screw up that bad. i'm not a legitimate dad. how did i find such a looker? i never got caught with a -- >> yeah. i think you get the point. >> it's not like she got hid by cupid. i just can't do anything stupid. the bar is set so low these days. >> it sounds like it should be in a broadway show. >> funny, i didn't screw up that bad happens to be part of the marriage the musical series. >> you can see it on broadway. >> absolutely. >> they are getting so good. zb he does say he hasn't gotten everything quite right. >> i don't have a button under my desk that locks the door. >> wow. >> i think if she c get past the snoring and all of that stuff. >> i'll tell you again i never made out with her best friend. >> it shows behind the scenes footage of what it took to make this >> that's our show for now. have you seen rightthisminu rightthisminute.com? lots of stuff there. all new the latest on that

new details on her bay bae boy. >>> plus, get ready for you jaw to drop. look inside ariana grande's new $16 million love nest with "snl's" pete davidson. >>> then, summer slimdown. >> i literally hired harry potter. >> we'll show you step by step how they did it. >> bathing suit now. >>> like mother, like daughter? kim k. tells all about life with daughter thort. zblrnlgt i would like to date -- >> her shocking celeb confession. the superstar singer who stood her up. >> i could have made $100,000 today. but all right. >>> this is "entertainment tonight." >> janet jackson reveals her secret battle with depression. it cops as an important time considering the stores we have lost. >> janet gets candid about her struggle. what triggered it. and just how bad it got. ♪ i want to be the one this control ♪ >> janet called her past struggles with depression quote intense. in the upcoming "essence" happiness in issue, the 5-year-old says it came to a head in her 30s. quote -- low self-esteem might be rooted if childhood feelings of inferiority. adding that depressi

. >> reporter: suzanne castro says she was with her friend bae when he started complaining about a headache. >> all you seniors, make sure you're hydrated, proper clothing, wearing a hot. >> good advice to take note of. and earlier today we had a report of a woman in her 70s suffering from dementia and was lost. we just heard back from the fair that the woman was reunited with her senior group and is safe and sound. that's the latest in please san ton. i'm melissa colorado. nbc bay area news. >> thank you, melissa. you can track the rising temperatures when ever and wherever you want. all you have to do is download our free nbc bay area app. you can get the information on the weather, where you're going to be for your weekend plans as well. >>> the immigration crisis at the border might be coming here to the bay area. the navy is considering setting up tent cities in concord to house tho enter the u.s. this according to a confidential memo from the u.s. navy. the proposal calls for building a camp at the former concord naval weapons station for up to 47,000 people. the memo was obtained by

be followed by sleepless nights, but jacinda ardern says she will e once s htaabl takes her bae.ajini: nice to have some cood news fornge. and you think of scott desktop music -- when you think scotland, pop music might not be the firstng to come to mind, but from lulu, annie the popsimple minds, music has been around the world. a new exhibit in edinburg examines pop music. exwill gompertz went to ine take a look. will: back in the 1970's, the bay city rollers wore ness on their sleeves. a decade later, the proclaimers were riffing on the city weather. >> ♪ why does it always rain on me ♪ will: an interest in meteorology shared by the glaswegian band travis in the 1990's. more recently, young fathers going down a storm with the voice and look of 21st-century scotland. as this exhibion demonstrates , the list of world-class musical acts that have come out of scotland is long and illustrious. is there a common thread, something that unites them all, that captures the essence of what could be called scottishpo la here is who should know. everybody in this room is great songs. scots

linchpin maps hummus is one hundred fielding death a club and country thomas militias end up back at bae and you get used to the sweet taste of success from an early age. i'll go to dot com and yeah i read a funny thing that any kid starting school now doesn't know anyone except by him being champions of germany so that's quite something but it's the reward for years of hard work. i did and that's me on nothing but the best for dion milat fits that category in his unique way. i mean so much malone we don't have to talk about a lot. about his qualities. unpredictable you know that his biggest strength you never know where he's on the pitch and what position he's playing in because you would never tell him where he has to be in defeat because you have got really well to do that to do to the game he has his nose way which one he has to make way is to be on the pitch and he's official you know yes this quality to finish like a little bit lucky but it's also not lucky because. he knows what he's doing all the time and of course it's a mistake for the goalkeeper but you have to have this abili

unlikely but it's very clearly what bae is trying to do i mean the name one fan to have been the epi tome of evil for basic revie entire century a company had to be draining farmers destroying the environment or poisoning our food so it looks like a buyer is spending a lot to possibly inherit a bad reputation when launching this takeover bid the buyer promised it would not introduce genetically modified crops in europe experts are still warning buyer is going to feel the impact of this bad reputation by association because some of the brand names which will become part of the new portfolio draw almost as much controversy as the parent company and fire is not going to change the length of the danger of a knock on effect is real and could potentially damage the fate of the stock price of buyer is well the stock is indeed down for the year though see many changes in the sector of the group chemicals in the last few months and years do you think that's it as far as litigation goes in the sector. where i mean this still takes place amid a global shake up fuel by sluggish crop prices so th

mohamed al salami he was the joint top goal scorer in world cup qualifying with sixteen level with bae and front man robert leaven dusky so he is perhaps the man to cause germany a few problems tonight for the germany did lose to austria last week so how important is it for them to win tonight. very important because it's not just the austria game which was of course disappointing but germany haven't won in the last five games now they have played some of the favorites for the world cup some very good teams in that time the likes of spain and france and brazil but still it's disappointing for germany to be on this win this streak i think they need to bring back that feel good factor they need to have this kind of positive experience going into the world cup no title defender wants to go into the next tournament on a winless streak so it is really important to give them back some of that feel good factor i think before the tournament kicks off and their title defense kicks off well it certainly does as we will speak later in the course of the faith and how to thank you all of the day in

the defence giant bae systems has secured a £20 billion contract from the australian navy.submarines. the prime minister has welcomed the deal although the ships will be built in australia where the work will secure 4,000 jobs there. around 100 soldiers are helping firefighters in greater manchester tackle a moorland blaze that has been burning for 4 days across seven miles. fire brigade leaders say they fear it could last for weeks because of the continuing hot weather. and tonight a new moorland fire has broken out on the other side of manchester. judith moritz reports. in the battle between blaze and firefighter, there isn't yet a winner. belching and burning, fire has overwhelmed this land. but stepping up the effort, the army arrived to join the fight. handed hoses and put straight to work. the conditions are pretty tough. you can see behind me, it's a warm day. but we're well prepared. we've got enough water. we've got suncream. and the guys are really enjoying thejob they're doing. to get an idea of the scale of the task, we took a ride to the top of the moor. with a

bae systems is very strongly connected with airbus. that‘s all the business news.nce declared all ngo ships to be an illegal taxi service for migrants. with the aquarius now on its way back to libya, it‘s unclear what will happen if more migrants are rescued by the ship. our europe reporter gavin lee is onboard, and sent this update. well, this is the view from the deck of the migrant rescue ship the aquarius, a charity—run boat run by doctors without borders and sos mediterranee and it‘s been out at sea since wednesday afternoon from the port of valencia, going towards the libyan coast now and after an extraordinary week in which the italian government said no, the 630 migrants can‘t come ashore in sicily, and the interior minister matteo salvini said that they were not welcome in future ngo boats because they were effective taxi service for migrants. well, now this ship is going back out to sea and we‘ve already heard of another ship that had the same thing, the lifeline picking up migrants at sea, the italians saying no, as well. let me bring in antoine laurent,

the defence giant bae systems has secured a £20 billion contract from the australian navy.ew type of ship designed to detect submarines. the prime minister has welcomed the deal although the ships will be built in australia where the work will secure 4,000 jobs there. british intelligence agents knew about and tolerated hundreds of cases in which prisoners were tortured or mistreated by the americans or other allies after 9/11, according to a new report by mps. it says that in more than 200 cases british agents supplied questions to interrogators, even though they knew of or suspected mistreatment. on 13 occasions british intelligence officers witnessed abuse first hand. the report also reveals the scale of british involvement in rendition — secretly transferring prisoners to countries which used torture. in 22 cases britain provided the intelligence. and on three occasions mi5 or mi6 paid, or offered money, for others to carry out renditions. 0ur security correspondent gordon corera is outside mi6 headquarters in central london, so what are the repurcussions of this likely

dollar contract for submarines to bae. the u.k. military contractor will design the warships, which will be constructed in south australia. they will start service little before 2030. londonres climbed in while those of the unsuccessful a tie in better slumped. global news 24 hours a day on air and on tic toc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. kathleen: let's go back to the rebound in u.s. stocks. the first one we have seen a several weeks. we saw major benchmarks rise. after the bell, all about the banks. lenders squarely in the spotlight once again. we had more -- we are seeing that and the results. a number of banks having to limit their cast distribution. one failure is deutsche bank. stock look at the performance you can see this is a bank that has been under failure or at least under pressure. what we have here is yet another blackeye for the bank. if they'll be part -- it failed. the federal reserve faulted his return oh -- this will be a stock to wat

process that other speakers have mentioned ae entirely a joke without this bae minimum commitment to justice. is this report more thorough thn the d.o.j. and if so why? also mentioned in this report in officer who lied on the stand ad is still employed with the department. i want to be clear this is not about just joshua cadillo, the entire network of cops who are d actors. that is the conservative point f view on this matter. i would say one that takes a far more aggressive stands would acknowledge that chief scott ise highest paid chief in the nation that we have twice as many offis per capita as san jose. we continue to kill and terrorie san franciscans with enormous amounts of our budget. we can simply cut the police but and spend that money on nonviolt ways of solving probms in the city. >> i will finish my two and a hf minute time. i'll start. i ask you to do something that l prevent cadillo from hearing, torturing or killing another pen as a cop. he must be immediately fired or short of that suspended without pay. the d.a. needs to be told by the commission to drop all charges

steve: steve on kenneth bae is opening about his time behind bars in north korea.ith kim jong-un. kenneth bae joins us from seoul, south korea. good morning to you. >> hello. how are you? steve: i'm doing okay. you were in prison, they sent you away for 15 years. you were supposed to do hard labor for trying to overthrow the government. what were you doing in north korea? >> well, i brought people to north korea as a tourist. that the people i brought in, they are christian tourists. we just went in to see the land and love the people and just pray and worship o behalf of north korean people. and they actually brought them in detention. i was actually arrested because i brought people to pray and worship inside of north korea. steve: absolutely. you're a missionary. that is your job. you were there to teach people about god and they wound up saying you were doing hostile things against the government. they did sentence you to 15 years of hard labor, but what happened after two years? how were you sprung? >> well, you know in two years i was in prison for 735 days.

. >>> at 7:12, much more ahead on today in the bae. coming up, the fight to save one bay area beach. the new law that could force a billionaire to sell the public is path to the beach he closed. >>> and get ready for triple digit heat yet again. we're tracking high fire danger. and there are red flag warnings. when we expect to see the hottest temperatures, coming up. the battle for public access to >>> a live look for you. the sun is shining. and we have a microclimate weather alert for triple digit heat as well as breezy to windy conditions. we have a high risk of fire danger this weekend and in a bit swe we'll explain that weather alert for you. >>> the battle for public abscess to martin beach is getting a big cash boost from san mateo county. the county will now get $1 million to help boost the fight to open the access road to the beach. that road sits on property owned by simply clicon valley billion who battled to keep it closed. and now the supreme court could review the issue. the new money is expected to be used to bolster ef

concentrate your bets in one sector you beat everyone who is diversified that's the nature of the baes beast you can get profiled by every magazine, raise aal from capitm unsuspecting investors who don't realize how much risk they're taking on. whether you're an which you are and professional, keep your portfolio diversified. ing this routine maintenance stuff that protects you from monster losses down the line mike in south carolina >> caller: hey, it's mike from south carolina. >> thank you forcalling. >> caller: how many stocks should be in my portfolio if i invest $100,000. i thought it should be 30. >> after 10 you're kind of a mutual fund. if you're aing to junkie, you can take on more but ten is the maximum most people can do so don't do more than that because you won't be able to do the home work roberto in texas, please roberto? >> caller: hi, jim, booyah a great day in america i'm a new investor i'm 29 i have a small amount, about $1500 and i'm wondering how i should invest it, in either an index fund -- >> s&p 500 plain and simple then you can do mad money. don't forget inde

the bae breeze makes it all the way to sacramento. 91 today. 79 in tahoe with thunderstorms startingugh next week. be careful if you're heading that way. a lot of reports of severe weather. here is jessica. >> that's right, mike. let me show everyone what we got overnight. video of a possible tornado touching down in northeast pennsylvania. look at this. a lot of destruction there. this morning national weather service officials are assessing the damage. police in wilkes-barre township say multiple buildings collapsed last night. we see downed power lines and overturned cars there. emergency officials say at least six people were hurt. this video from the west coast, 43 while fires burning in 12 different states including california. the largest fire is this one on your screen. this is in colorado where more than 26,000 acres have burned. right now more than 3,000 people have been evacuated because of these wildfires. >>> a new study suggests the napa earthquake may have been caused by a stretching of the earth's crust due to receding groundwater. the 6.2 magnitude quake in august of

fire burns north of the bae kicking people out of their homes. i'm laura garcia. >> and i'm marcus washington. we have been covering this breaking news all morning long here on "today in the bay." now right to the latest numbers that we have. that fire has grown more than 8,000 acres. 22 # structures are now gone. around 600 structures are still being threatened. so far no containment on the flames. >> and here is a map of the affected area. you could see where it is clearly happening up in clearlake in lake county. >> and as far as the fire crews, no containment of the pawnee fire. evacuees at one shelter anxiously awaiting to see when they could go back to their homes. pete suratos spoke with them this morning. what did you find out. >> reporter: the folks in front of the moose lodge are used to the wildfires hitting the area during this time of the year but as they are sitting here getting shelter for evacuation purposes, they are saying the pawnee fire in particular is leaving them a bit nervous. these flames from overnight in lake county sho

lina bae is one of the scientists trying to genetically engineer heat-resistant world.is an example of plating coral from the great barrier reef but born and bred here in the laboratory four years ago and you can see how much it's grown in that time. scientists are also experimenting with a kind of ivf treatment to boost reproduction in the wild. in this lab, they test what they call a sun shield, thinner than a human hair, it could theoretically protect coral from the sun. this inventor demonstrates a submersible drone called the ranger bot. >> when we press start the mission, it's all by itself. >> reporter: guided by artificial intelligence, it's designed to one day patrol the reef and protect the coral from predators. so far, these are just pilot projects that could get funding from the government's new reef protection program. >> there are still options available to us if we start looking at it now. we just can't wait 20 years and then start thinking about this. >> reporter: can $400 million save this reef? >> no. >> reporter: why not? >> because the water is warmi

in terms of individual companies, bae systems jumped nearly 3% on news of that contract it announced a deal on migration yesterday. the euro is slightly higher today as well. that's all the business news. a second wildfire has broken out on moorlands in northern england. up to 100 firefighters from lancashire are tackling a blaze on winter hill near bolton. meanwhile, a further 100 soldiers from the royal regiment of scotland have joined a team firefighters in greater manchester, to bring a fire on saddleworth moor under control. patients who see the same doctor repeatedly are less likely to die early, according to a new study. people with chronic conditions and complex needs are known to benefit from seeing the same gp, so that they can build up a trusted relationship. gp leaders say they recognise the reports' findings, but with current pressures on the workforce it could mean patients waiting longer for an appointment. a hosepipe ban is being introduced this weekend due to the ongoing heatwave. northern ireland water is appealing for people not to use waterfor washing cars, fillin

they say they do not want to seh russia come bae. canada released a statement through a spokesperson saying that country's position has not changed. several european union members also say ey do not want to see russia back here. but italy's new populist prime minister says he agrees with trump and says russia should b back for everyone's interest. russia state media's spokesperson says russia is not coming back to the g7 and are focused on other forums.f: >> woodrresident trump is arriving late, leaving early on top of ten rlations. how is that playing out at the summit and do you expect a joint communique? >> president trump is definitely keeping this meeting short. he's leaving saturday morning before a meeting on change. he -- climate change. he's sending an age.s reut reporting a joint communique will be released by all seven embers, the united states will be included in that, to be focused on election meddling. all seven members say they will shnformation about social media and the internet toor prevent ign leaders from meddling

people live in the area and believe a battle could cost up to two hundred fifty thousand lives the baes real estate market has been described as a haven for money laundering by war profiteers terror finance years and drug traffickers sanctioned by the u.s. the report by a washington based center for advanced offense studies has identified around one hundred million dollars in what it calls suspicious purchases of apartments and villas across the city the government run dubai media office said it could not comment on the report. when soon rains have arrived in southern bangladesh temporary home to nearly one million range refugees for real preparations began in february to protect them from flooding and landslides ahead of the annual rainy season but in the first major downpours two refugees died in cox's bazaar and fifteen hundred settlements were damaged or destroyed charlotte bellis reports. this is the largest refugee camp in the womb and this is its first major test against nature. the monsoon season has begun inclusive along camp in the last three days four hundred millimeters of r

donation to pam bondi.ee trump has agin all those case, yes, i did, that yes, i was wron t he's paid bae money and in some paces paid in excise tax. this lsuit is asking him to pay back more, alleging more violations that trump hasn't yet agreed to. he's saying this is all a political witch-hunt and politically motivated, he's already himself conceded that a lot of the allegations brought by that investigation were true. >> woodruff:>> nawaz: david fah the "washingost," thanks for your time. >> thank you. >> woodruff: as we've seen, much t the president's agenda this year is focused de. tomorrow, mr. trump is expected to announce tare changes to ffs he is imposing on china. the full brunt of these recent movehave yet to kick in. but there is already fallout with some of these tariffs. take the ce of the american- manufactured washing machine. and see what it has meant for workers, companies and consumers. that is the focus of tonight's "making sense" report, from coecial correspondent catherine rampell, who is mnist for the "washington post." >> family's been in clyde, ohio for about fou

going to side brazil look like they are not sure yet you would not see such big shots in one night with bae it seems i need guides but that chile brazil will win one they like and switzerland and switzerland just equalized so there is pots a chance of a shock an obvious sign before the much south or kates up with those hopes of winning this trophy i cannot for the disappointment of four years ago i would be naive naive isn't one hundred percent fit on the page he's doing ok but he's not by mauritius very best and i think i need to be his best to absolutely going to win the trophy but at this stage i could just do with another gold a good sweat since my child i get the points from this one i go smoothly through the group and then we'll see where they go from there all right thanks very much anyone is keeping an eye on all the action for us from moscow. it's the final weekend of campaigning in turkey ahead of next sunday's parliamentary and presidential elections the president of the opposition h.t.t.p. have been holding separate rallies in istanbul and then because the owner who has this upd

our contract for mining submarine frigates to bae thisms has been won by company from australia.y climbed in london. the unsuccessful italian bitter had their shares slump -- bidder had their shares slump. global news, 24 hours a day, on air and at tic-toc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. i am paul allen. this is bloomberg. ♪ that. paul, thank you for bank of japan has reduced buying of 5-10 year bonds, that as bring in our guest to talk about the implications. what if anything should we be reading into this? >> i think really at the end of the day, the boj is saying that they are doing their normal yield curve control policy. they have indicated. several times a day are a long ,ay away from monetary easing through tightening, so they may be taking advantage of the fact that they have cut bonds twice pretends before, and they're taking advantage of the market right now. saying that you have taken or word on this, it is not reflection on monetary, taking the opportunity to cut the combined purchases. there are quite happy more t

think that reflects the will of the people and the notion that congress has determined that we got that bae rht when it comes to national security. i do think there is an area where we need to work much harder and that is between the cooperation of the government the technology community. i think we have lost some of that cooperation and that cooperation will be critical in solving some of the key face, including an encryption and other cyber security because of the innovation in our technology community. it needs to work better with government. jeffrey: how can we balance the values of liberty and security? we can translate the text, an original understanding of the constitution, into a technology age, and the age of nsa surveillance, what does the text of the fourth amendment say? says it shall not be violated, but no warrants issued unless upon probable cause, particularly describing the place to be searched or the person to be seized. what does that mean? for a nonpartisan understanding, you must consult the interactive constitution, which is cohosted by the national constitution center

jason kelly is taking a seat with kkr's copresident joseph bae and scott nuttall.mory lane, but i want to start in the -- sellers market? aott: on the whole, it is sellers market, in the u.s. in particular. we have been net sellers, especially in the u.s. and europe jason: joe, you are buying. where are you buying? kind of market, you have to be really disciplined with how you deploy capital. more like two dollars of exits for every dollar of investment. we are trying to take advantage of this high valuation environment. some of the more compelling opportunities, comply is where you get the most value with firms like ours where the operational capabilities can ree value to the table. i think the other area we are spending a lot of time in terms is usingvestment existing portfolio companies as platforms for investment. internet brands like wet and deeper the an example -- like webmd would be an example. jason: who are the competitors and how fierce is it out there? scott: the competition is significant. both financial buyers and strategic buyers. you have to have an

. >> that would not bae bad deal >> disney, it would be a great investment to buy and those theme parksrty >> are you mentioned that to mr. buffett? >> no. >> it would be diversifier for sure >> is that an option for disney if they don't win fox assets >> it is around 14 times earnings so it is not very expensive. >> quantro >> i run an income fund with him. one of the names kicking off the high level is tubber ware. it trades with a 6% dividend yield right now believe it or not. it sounds high but it is actually in stainable. if you look at the cash flow, it is kicking up. >> it sounds to me of an old story but maybe that's the attraction >> but right now the stock is actually trading at a 6-year low and people have sold their stocks >> they sold tubberware rather than swords? >> yes, high dividend yields and very sustainable and very attractive biusiness and high returns and equities overtime. >> what's the latest, they had an insane roller coaster in the last 24 poin points because thaa opportunity trust. >> i got to give my assistant samantha, she picked it up >> the growth rate is

yvonne: that was kkr co-president, joseph bae speaking at the bloomberg invest conference in new york, we do see south korea closed for their memorial day, but it is flat on the nikkei 225 in tokyo, the asx 200 just up about .5%. a are about a 10th of percentage after catching up a big rally yesterday for this stock. currencies are also mixed, the aussie dollar gaining some steam ahead of the print. we are also seeing demand $110., getting closer to oil prices are leading a fire under inflation across southeast asia. we look at what governments are doing to lower the temperature. this is bloomberg. ♪ erature. this is bloomberg. ♪ ♪ a.m. in:30 singapore. ramy:. i am yvonne man in hong kong and i am remy innocence you are in new york, you are watching daybreak asia. ramy: let us get the first word news now with paul allen. paul: thanks, ramy. stock early higher. the commerce department says no definitive agreement has been signed for them. chinese company has replaced top executives and president trump says it could replace business him it pays a 1.3 billion dollar fine for zte. vegas g

do you know what bae is? the catch is, the words come from each other team's generation. yolo.co yolo. what does it mean? >> you only live once. >> test pattern. >> when you see a nice shirt, you get a little swatch, a test pattern. >> reporter: that's not right. you know what the dab is? >> that. >> thi in italian has a different meaning. >> reporter: we b askedh teams to try out their baking skills, with plenty of ingredients but no recipe. >> you need salt to bake. >> i don't know if you can tell by looking at me. but i know my way around the kitchen. >> some brown sugar in there. >> right. diversity. >> i don't know if they can cook. >> take a big bi, al. >> this is an interesting cookie. it has thesi cency of a bagel. it's very chewy. have nonef you people ever made cookies before?ci esly you people. i'm going to have to go with this cookie. >> he took just a little bit of this. he didn't taste all of the goodies inside. >> is it for car? >> is it for a car? yes. you used to crank the car to star it up. seniors, i have a feeltg you mighnow this one. >> meat grinder. >> tha

dollar contract for nine anti-submarine to bae systems.ntract designed the warship, which will be shipbuilding asc in south australia. it will start service before 2030. shares declined in london. the italian bidders slumped. global news 24 hours a day on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i'm jenna degen her, this is bloomberg. ofnne: bloomberg's survey traders and analysts see china stepping in to support the renminbi once it approaches 6.7 u.s. dollars. that's about 1% below current levels. we talk more about this survey. we are expecting more weakening before we see any kind of intervention. rise, andlar may there is concerns of trade war. we are expecting to see more weakness. they have a history of aroundning when it nears the level. if it breaks the level, traders will usually take it as a signal that it is allowing more weakness. while the central bank has a lot of tools. one is tightening liquidity. that makes it more expensive for people to bet bearish. hea

bae systems has beaten off competition from italy and spain to win a £20 billion order to supply theprince edward has opened the newly refurbished royal air force museum ahead of its formal reopening to the public this weekend. he arrived via helicopterjust after midday for a tour of the improved site. our reporter thomas magill has been at the museum. the royal air force is celebrating its centenary this year and used that anniversary to relaunch its museum here in north london, one thatis museum here in north london, one that is dedicated to the contribution and sacrifice of the planes and people have made during that time. it is now a museum genuinely fit for the 21st century. let me introduce you to one of the curators and the director, karen whiting. what is going on. what is the new attractions here? here at the new attractions here? here at the raf museum we are about telling the raf museum we are about telling the whole story of the first hundred yea rs of raf the whole story of the first hundred years of raf and we are looking at what is the raf doing today and in the future

in walney island, rather, but also barrow is home to bae systems and trident submarines are built thereet to barrow in furness. don't cross them to work because i think it probably will. thank you very much, more on both of those stories at 6:30pm in your bbc 0ne region but about that his nationwide. president trump says north korea no longer poses a nuclear threat, and is no longer america‘s most dangerous problem. he tweeted the comments this morning on his return from his meeting with kimjong un in singapore. the us secretary of state mike pompeo is now in seoul — to explain the agreement to south korea. mr pompeo says there is still a great deal of work to do with north korea. there is flash photography in this report from jon donnison. north korean state television. and this morning the woman they call the pink lady had some triumphant news. the united states, she said, had agreed to stop joint military exercises with south korea, and also lift sanctions. in the official agreement, signed in singapore, there was no mention of either of those concessions. president trump has since s

the speaker pro tempore: the ntleman reserves the bae of his time. the gentleman from new jersey is recognized. mr. pallone: i would ask for spo -- support for the bill and i yield back the balance of my time, mr. speaker.the speaker t gentleman from georgia is recognized. >> mr. speaker, i yield. the speaker pro tempore: the gentleman yields back the balance of his time. the question is, will the house suspend the rules and pass the bill, h.r. 5272, as amended. those in favor say aye. those opposed, no. in the opinion of the chair, 2/3 of those voting having responded in the affirmative, the rules are suspended, the bill is passed and, without objection, the motion to reconsider is laid on the table. for what purpose does -- without objection, the tle is amended. for what purpose does the gentleman from georgia seek recognition? mr. carter: mr. speaker, i move that the house suspend the rules and pass the bill, h.r. 5327, as amended. the speaker pro tempore: the clerk will reporthe title of the bill. the clerk: h.r. 5327, a bill to amend title 5 of