customers of san francisco-d "union bank." their account balances were zero. for much of yesterday, >>> it was an unwelcome surprise for customers of union bank in san francisco. their account balances were zero for much of yesterday. customers across the west coast could not get access to their accounts including online and at atms. debit cards were frozen. >> it was kind of upsetting to us that we didn't get a phone call or an email from them saying that they were having issues. and worse yet, if we had been like at safeway or something else we wouldn't have been able to pay for anything because our account was at zero. >> a statement from union bank reads, quote, during a routine back office update, we experienced an unanticipated delay in overnight processing that affected various systems. union bank has not commented on whether it will cover any late fees for its customers. >>> budget problems could force uc-berkeley to cut a medical program that offers free health and social services. the berkeley ucsf joint medical program trains physicians for three yea

we are supposed to have a banking union in order to create the shock absorbers for the next crisis, butending up with the banking union and we're ending up with a banking disunion and at the moment the probability of losing your money if you have an italian bank is increasing, whereas in german, it would be decreasing, and the banking systems of the two countries that are part of the same monetary union are being torn apart. >> and why is this happening? part of it is the refugee crisis that is causing countries to re-nationalize things like border controls, but you're saying that at the heart of it there is an economic problem. >> well, imagine that here in the united states in 2008 the great state of nevada, the government of the state of nevada had, when the real estate sector was collapsing and construction workers were losing their jobs and banks are failing and imagine if the government of nevada had to go to the international markets and cap in hand in borrow money in order to bail out the banks of nevada and pay the unemployment benefits, and then of course the state government

and seeing zero dollars in the bank account. unionid a software update resulted if a glitch. we are in men with that story. janet, is it back to normal? >> good morning, natasha. customers relieved they can access their money in they are headed it young bank they can go inside or use the a.t.m. without any problem. or glitches. the problem was resolved last night at 6:00 p.m. after many frustrate customers could not withdraw or deposit money. others complained the debit cards were declined when they used to use it. customers found out yesterday morning. all the machine said this machine is not taking cash deposts so i came around the corner and saw the other a.t.m. on the end there. i tried it. it took half of my money. >> young bank's response was "we experienced an unanticipated delay with the overnight processing that affects various. it is," the issue has been resolved and customers can return to bank activities. customers are speak out. one customer complains they still had a miss deposit from

banking meltdown. ken. >> reporter: this is scary. it all started this morning when unionank customers up and down the west coast reported problems accessing their accounts online and at atms. they logged on to find a zero account balance. can you imagine? and bank debit cards were frozen. the bank tells us it all started with an overnight computer upgrade. things took a lot longer than expected. people cut off from their money for much of the day. san francisco-based company tried to explain what was going on and issued an apology on its website. many furious customers turned to social media trying to find out what happened. one asked, are you going to cover my late fees, union bank? same thing with another man who was trying to pay his rent. others threatened to take their business elsewhere. for its part, the bank tweeted back, apologizing for inconvenience. now, we have calls out to union bank tonight still trying to find out if in fact the bank will cover any late fees for its customers. and allen, we'll let you know what we hear back. >> all right. thank you. >>> rig

the banking meltdown affected customers of the san francisco based union bank and they couldn't access their accounts at atms or online. their debit cards were frozen. >> it was kind of upsetting to us that we didn't get a phone call or an e-mail from them saying that they were having issues. and, worse yet, if we had been, like at safeway or something else, we wouldn't have been able to pay for anything because our account was at zero. >> bank officials say during a routine back office update, they experienced a delay of overnight processing that affected various systems. we have reached out to union bank asking if they will cover any late fees for the customers. so far, we have yet to hear back. >> that has to be the scariest thing in the world to health care your balance and there is nothing there. >> oh. that's the worst. >> thanks veronica. >>> well, tonight, the oakland police department is apologizing for an insensitive tweet about cinco de mayo and salty margaritas. the message was to warn people against drunk driving. they said the celebration had become synonymous with fiesta

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. >> union bank customers are livid. they want to the a.t.m. zero balance in their concerning. the software update resulted in a glitch. our reporter is in men. is everything back to normal? >> it is. you know what? the customers were frustrated because they lost complete control of their on-line accounts and the if in us is that as of this morning, when they come out here to the bank use a.t.m. machine it is become to normal without any glitches. the problem started yesterday when people could not depositor withdraw money from the p.m. and others said their debit cards were declined. the problems with resolved at 6:00 p.m. last night, and the bang promises no more glitches. union bank is headquarters in san francisco and it has 400 branches across california, oregon, and washington. a customer described the continuation building inside a branch. >> people in the lobby were waiting, looking at them when they moved, and i feel for them. >> union bank release add statement saying "we had experienced an unanticipated delay in our internal overnigh

they are saying that union bank dropped the ball and other say they deserve a guest card.mon for abc7 >> now ted cruz is out of the race the general election has star asked we have a brand new president to show you from cnn that came out early this morning and here is the matchup. 4% of americans would be for hillary clinton, and 41% would be for trump trouble. our reporter is with us in washington, dc, with how this never ending primary did end. >> ending all of a sudden on the republican side, in a way that the pundits did not predict, and ted cruz now is home in houston this morning and it seems like they have been all wrapped up for the convention and before even the democrats are able to say would their candidate will be. >> america is waking up to a republican party in which donald trump is the presumptive nominee >> it is a massive victory. we gave it everything we got. >> but the voters picked another path. we are suspend our campaign. >> the parters are overcome with emotion. the race is over for ted cruz. >> nows republicans will try to unite behind trump after a

. >>> union bank is apologizing to customers after a glitch that left some customers in a panic. was fixed last night. a software update yesterday had some people seeing red. people logged on to their account and saw a zero dollar balance. that will make you panic. not only that, customers couldn't withdraw or deposit money. union bank issued this statement saying, the issue has been resolved and customers can resume all banking activities. we apologize for the inconvenience this has caused. >>> facebook is paying out over $10,000 to a 10-year-old boy from finland. that money is a reward after the little boy alerted the social media giant that they had a security flaw on instagram which is owned by facebook. reports say the young hacker found he could delete other people's comments on the photo sharing service using malicious code. facebook operates a so-call ed bounty program that rewards those who report a vulnerability in their service. that was a $10,000 reward for that discovery, i guess you could call it. >> wow. incredible. >>> well, it's time to turn to our weather, which

we explained federal law requires banks or credit unions to refund the full disputed amount, less a maximumf $50 if the investigation goes longer than ten days. that's where jean stands now. >> all the money has been returned to my checking account. we have had to open a new account. very upsetting. $800 to me is $800. could have wiped me out completely. >> reporter: jean says she no longer writes checks for groceries. the bank issued her a debit card. >> i've never used a debit card so that is a different world for me. >> reporter: jean filed a police report with the new car rollton police department and investigates are investigating. if you have a consumer problem, contact our nbc4 responds team. i'm susan hogan, news 4. >>> new reports of tornados tonight injuring at least ten people in kentucky and damaging several buildings in the ohio river valley. check i outbreak in the plains yesterday. two dozen tornados across six states. at least nine of them in oklahoma where two people have died. one twister almost a mile wide cut a three-mile path through wynnewood. >> tornado pictures are o

. >>> new at 5:00, some panic today for some union bank customers checking their accounts trying to useheir debit cards. they logged in to find zero account balance there and bank debit cards were frozen. the san francisco-based bank says it has had a problem with its computer network. a routine upgrade did not go as planned. the frustration for customers lasted until 2:00 this afternoon. the bank apologized for the glitch. >>> californians hit the mark in march when it comes to saving water. people cut water use by 24.3% last month. that beats the 20% we were asked to save. it's likely due to rain and more seasonal temperatures. the mandatory cutbacks started last summer. we could learn this month how much water we'll have to save starting in june. >>> a young california woman breaking barriers. how friends of a teenaged muslim helped make her the prom queening. >> cooler and cloudier today. here comes fog and low clouds moving through and over the golden gate bridge. next up, how about a chance of rain? how about three chances of rain! we'll talk about them and why they're all tied to

how can the banks credit unions and other financial institutions increase communications with the consumers if they have a threat of tcp litigation hanging over their heads? >> well, thank you, you raised a very important point. there's beneficial communication such as the example you raised available funds to reduce the risk of overspending, but also high-purchase alerts, low-balance alerts and the type of time sensitive communications are only possible through modern technology, these communications can't be made through a rotary phone. frankly all of my clients who engage in communications with consumers and with their customers. they are saying -- paying significant cost for additional risk that any time-sensitive communication they make run it is risk to be sent to reassigned number and that's a factor that they cannot fully control. as a result many of my clients are choosing to decrease beneficial elective communications through cell phone or text because they know that every single one of these communications does carry that additional risk. >> you stateed quote, practical impact on

how can banks, credit unions and other financial institutions increase communication with their consumers if they have the threat of tcpa litigation hanging over their heads? >> thank you, you raise a very important point. there are all types of time sensitive consumer beneficial communications such as the example you raises available funds to reduce the risk of overspending but also high purchase alerts, low balance alerts. these types of time sensitive communications are only possible through modern technology. these communications can't be made through a rotary phone. and this is the heart of the challenge, not only for my financial institution clients, but frankly, all of my clients who engage in communications with consumers and with their customers. they are paying a significant cost for the additional risk that any time-sensitive communication they make runs the risk of being sent to a reassigned number. and that is a factor that they cannot fully control. as a result, many of my clients are choosing to decrease beneficial elective communications through cell phone or text because

how can banks, credit unions and other financial constitutions increase communication with their consumers if they have the threat of tcpa litigation hanging over their heads? >> thank you, you raise a very important point. there are all types of time sensitive consumer beneficial communications such as the example you raises available funds to reduce the risk of overspending but also high purchase alerts, low balance alerts. these types of time sensitive communications are only possible through modern technology. these communications can't be made through a rotary phone. and this is the heart of the challenge, not only for my financial institution clients, but frankly, all of my clients who engage in communications with consumers and with their customers. they are paying a significant cost for the additional risk that any time sensitive communication they make runs the risk of being sent to a reassigned number. and that is a factor that they cannot fully control. as a result, many of my clients are choosing to decrease beneficial elective communications through cell phone or text because

how can banks,how can banks, credit unions, and other financial institutions increase communication with consumers if they have the threat of litigation paying over their heads? >> you raise an important point. there are all types of time sensitive consumer beneficial communication such as the example you raise and high purchase alerts, low balance alerts, and the 2nd time sensitive communication are only possible through modern technology. communications can be made through a rotary phone. this is the heart of the challenge. all of my clients who engage in communication with consumers and customers. they are paying a significant costs for the additional risk that any time sensitive communication that they make runs the risk of being sent to aa reassigned number, and that is a factor that they cannot fully control. as a result, many clients are choosing to decrease beneficial elective communication through cell phone are taxed because they know every single one of these communications does carry that additional risk. >> you stated the quote, the practical impact of tcp restrictions is de

chris rupkey joining us mufj union bank. you are expecting 220,000 jobs for april.ecting to see improvement in wages and participation and other parts of the market? >> yeah that is the problem. well it has to hit at least two out of three. we have wages. we have the unemployment rate. in a way we have the participation rate. one of the things we've seen is a lot of people have jumped back into the labor force like a million people in the last six months that. can't remain. so if those people come back out the unemployment rate could actually fall a little further. >> even if this was a blow out positive report, june is off the table, isn't it? >> please, let's not talk that way. we need a few advocates saying let's keep going. there are 7 out of 10 -- 7 out of 17 members want to go three times. doesn't that mean june? maybe they have taken it off the table already. those votes from march -- i hope june's on the table. >> -- june hike? >> i would say it's over 50/50 yeah they want to get going heher here. >> so the markets are really missing the point then sh. >> i

union. to that date, the uncertainty will impact financial markets. >> you have a contingency plan in case of brexit happens? >> we manage the banko deal with all contingencies. we are very comfortable to manage any stress level that comes our way, but clearly we hope the u.k. stays in the european union. >> are you also planning or is there a plan b? >> we plan for everything. >> is there a concern that somewhere like berlin or paris or frankfurt becomes number one in the financial sector is brexit were to happen? the history of london being one of the world's greatest financial sectors is very important for the u.k. and for barclays obviously. we look forward to our presence in the two financial sectors of the world today being new york and london. jeshat was barclays ceo staley. shery: hear he is talking about financial regulations. >> there is uncertainty about what is coming on with brussels and france and this creates uncertainty about capital, about risk. i think regulators now need to that we give time to the bankers to adapt and start optimizing their business model. stop the uncertainty, i think. mark: we are to continu

how can banks, credit unions and other financial constitutions increase communication with their consumers if they have the threat of tcpa litigation hanging over their heads? >> thank you, you raise a very important point. there are all types of time sensitive consumer beneficial communications such as the example you raises available funds to reduce the risk of overspending but also high purchase alerts, low balance alerts. these types of time sensitive communications are only possible through modern technology. these communications can't be made through a rotary phone. and this is the heart of the challenge, not only for my financial institution clients, but frankly, all of my clients who engage in communications with consumers and with their customers. they are paying a significant cost for the additional risk that any time sensitive communication they make runs the risk of being sent to a reassigned number. and that is a factor that they cannot fully control. as a result, many of my clients are choosing to decrease beneficial elective communications through cell phone or text because

told american banks, you should not participate in this. the european unionly told european banks that you must be sure that this money, even though that russia, the government itself is not under sanctions, that this will not go to any sanctioned institutions. the banks' compliance departments were saying, we do not want to get on the wrong side of the regulars that regulators and u.s. government so they stayed away. do not have the traditional underwriters so that made it a very difficult issuance. more from ryan, including whether this was a political victory against some of the sanctions. president-- the evo is joining us from munich. .hank you for joining us when you look at business confidence, it is a little better than expected. what surprised you the most with what we found out about today? me was thatrised the increase was one point, which is quite a lot. another surprising element is the construction industry, we have a record high here since 1991, so construction is booming , but it is broader. it is all main sectors in the german industry and tra

. >> san ramon police hope you can help catch this woman wanted for robbing a bank holding up a credit union yesterday. a camera caught this photo wearing reflective vests lick a construction worker on a highway. >> hillary clinton will have breakfast in oakland this morning with country leaders. yesterday, lt. governor joined the democratic presidential candidate to rally supporters at the historic bank in san francisco. hillary clinton let donald trump have it. >> donald trump is an unqualified lose cannon who cannot get near the most powerful job in the world. it is up to us to say no. >> she spoke to south bay supporters in san jose. this morning at 9:00, she will have chicken and waffles on embark dough west in oakland. >> bernie sanders will bring his campaign to san francisco tomorrow. he spent thursday in southern california where he talked about the plan to make college tuition tree. many of you saw the vermont senator on jimmy kimmel last night ignoring a question from donald trump asking him in the delegate selection process was rigged. >> what i hope will happen is i would run ag

the bank of england has given it strongest warning yet on the threat posed if the u.k. leaves the unionid could cause a recession and any monetary policy decisions will need more time to work. the bank's quarterly report also inferred that brexit could affect financial stability, but they stopped short of long-term predictions. >> notable increase in inflation, that is the judgment, rigorous analysis and careful consideration. it is a judgment of the independent mpc. it is the judgment of all members. there is a range of possible scenarios around those directions, which could possibly include a technical recession. could possibly include that. yvonne: global ready leaders have already next more than $20 billion in deals this week -- nixed $20 billion in deals this week. we are hearing about bayer and monsanto, potential mergers could create the largest supplier of what -- the goals of seeds and farm? >> this would be a great opportunity for bayer to buy products like ran -- roundup. giantows them to create a supplier of things from everything from genetically modified needs to herbicide

in march 1950, the world bank vice president at the invitation of the nationalist regime visited the unionf south africa to gain first-hand information about conditions in that area. that initial assessment of the nation's economic viability required that the banks ignore the brutality of apartheid and come as the state department advised its own emissaries from "tame your conscience -- hang your conscience on a peg when you visit south africa so you can really enjoy it." that suspension of reality meant the conditions had nothing to do with the deplorable state of human rights. instead, the bank was drawn to the gold. the world bank's visit was to ensure "that the unions economy was to build upon a solid basis." the naacp also wanted that assurance. it's just that their definition of what constituted a solid basis for a strong economy was fundamentally different. nelson mandela did not equivocate. whites in south africa had consolidated their power and settled africans with a load of oppression. low wages, bad housing, inadequate health celebes come in and if that's -- inadequate health s

a busy banking morning across the european union. taken by the moody's downgraded of deutsche bank.ith that, let's get to our bloomberg business flash. moody's has cut deutsche bank's credit rating. the unsecured debt rating was lowered to two levels above junk. says deutsche bank faces mounting challenges in carrying out at turnaround. john cryan says the bank is very disappointed by the cut and the bank could easily repay its debt many times over. hackers may have targeted more banks than were previously reported according to the ceo of swift. hackers exploited weaknesses and how banks connect to swift to still $81 million from the bangladesh central-bank. they are boosting security members -- measures. costs toeing hurt by prepare -- repair a chip factory damaged by an earthquake and they are facing a drop in demand for smartphone components. that is the bloomberg business flash. tom: madura, thank you so much nejra, thank you so much. we need to bring in simon theedy, who has darkened doors for the intrigue that the governor faces, particularly given the referendum, eu referendu

stimulus if it doesn't rebound quickly in the event of britain opting to stay in the european union according to the bank of england. if additional stimulus is needed, both rate cuts and more quantitative easing should be on the table. he also says so-called helicopter money isn't consistent with the central bank's mandate. deutsche bank has halted bonus payments to a group of employees while examining whether they improperly traded. the company says it is reviewing a transaction that may have involved conflict of interest. global news 24 hours a day powered by our 2400 journalists in more than 150 news euros around the world. find more stories on the bloomberg at top . francine: thanks so much, nejra cehic. on to the markets. this is what european equities are doing. seeing a little bit of a rebound. financial markets in general showing signs of stabilizing after being zigzagged this week by a surge in expectation. this is a picture for the ftse, the dax, and the cac 40. i want to show you the price -- i don't know if we have gold, but brent crude at 49. that is also regaining a touch. the yuan head

when it comes to fundamental, ,mall business communities recycling communities and credit unions and community banks and farmer markets. when it comes to local, sustainable energy, when it comes to community health clinics with an emphasis on prevention, you think there is a oft right divide on that? course not. and the same is true in educational areas. when we allow the fuel to rule -- the few to rule them many, they will bring tax six -- tactics. we live in a strange. of time, the golden age of muckrakers, and the golden age of documentary filmmakers. but they are received by a very tiny audience. which we hope to address tomorrow in the breaking through the media day. case in ad not be the rigorous democracy. in our past, books made a difference. , by michaelerica harrington on property, rachel .arson's book silent spring the book the jungle, ida carvel and standard oil, which helped to lead to the breakup of the monopolies in the early 20th centuries. we have to come back to a principal. that is, readers think and thinkers read. readers think and thinkers read. those tables out there are books

when it comes to fundamental small business communities, recycling communities and credit unions and community banks farmer markets, when it comes to local sustainable energy, when it comes to communicate health clinics with emphasis on prevention, you think there's a left-right divide on that? of course not. and the same is true in the educational area. but when we allow the few to rule the many, they will command the divide and rules tactics that distract attention from the broad areas of convergence. we live in a strange period of time. we live in the golden age of muckrakers and a golden age of documentary filmmakers. but they are received by very tiny audience which we hope to address tomorrow in the breaking through the media day. that should not be the case in a vigorous democracy. in our past, books made a difference. the other america by michael herrington on poverty. rachel carson's book, "silent \rachel carson's book, "silent spring." upton sinclair's book, "the jungle." "standard oil," which helped lead to the breakup of the standard oil monopolies in the early 20th century. we've got to

banks. one is on the revelatory front, becoming more expensive to make loans. the second is to challenge the negative interest rates. the third is an overbank european union. e are a lot of banks across europe and that the roads profit margins. -- and that erodes profit margins. balance: how do you shrinking your investment bank and hoping the world will return which occurred in the next 24 months? alex: ceos have been waiting for that turn. they've conducted a lot of cuts and reforms. it is going to get worse. those charges on the regulatory front continue to build up. a lot of headwinds in the european banks. francine: alex dryden stays with us. we'll be talking more about earnings. beautiful weather here in london. equities off to a more lackluster start. we'll get more from jpmorgan's alex dryden. ♪ francine: welcome back. this is our chart of the hour. we got it done on purpose for alex. this is linked to one of the earnings we had earlier. in first decline quarter profits. this is because it stepped up what it its oil unit. benchmarked is the white line, the container the freight benchmark. the benchmark is compared to brent. you can see both are fall

banks and companies had changed. this will present a challenge for union banks. hsbc is endeavoring to implement consistent and high standards across its global operations, designed to combat financial crime and prevent abuse by illicit actors. we have more work to do but achieving that objective is one of our highest priorities. this approach is rightly expected by regulators including in the u.k. and u.s. our decisions will be driven by the financial crime risks and the underlying conduct. for these reasons, hsbc has no intention of doing business involving iran. governments can lift sanctions, but the private sector still responsible for managing its own risk and no doubt will be held accountable when it falls short. may 12.s from and appears to be somebody that certainly knows the banking usiness. i would like to comment a bit about, again our illegal immigration problems and our pourest borders, because the administration continues to act as if all is well, all is well. when it's not well. previously may 19, deported illegal alien allegedly killed proposal t

many americans use traditional banks and credit unions to cash their checks to pay their bills, to borrow money. but for millions more, traditional banking is essentially closed off. for some, the problem is a $100 minimum balance to open a checking account, and that's not easy to get and easy to maintain. for others, access gets harder because there are simply fewer banks nearby. data show that big banks are closing branches in communities with median incomes below $50,000 at the same time that they are opening branches in communities with median incomes above $100,000. without access to mainstream banks, millions of families turn to check cashers, payday lenders, title loan outfits, and the costs can be crushing. the average family that relies on alternative financial services spends an average of $ year, about 10% of their income, just on fees and interest in the financial services system. think about that. just to put that in context, the typical family spends about 10% of its income on food. so these are families who are spending as much on just access to pay your bills and cash your

the lender has discussed the proposal with the bank of israel which must have its approval. unionust also agree. amnesty international says almost half of the 28 you member countries have ignored a ban on arms sales to egypt. saying 13 nations including the u k, france, and italy remain among egypt's main suppliers of weapons and equipment. the eu agreed to halt arms sales after security forces killed demonstrators protesting against the military's removal of president mohammed morsi. amnesty said there -- the situation is even worse. is numbered news. i am tom mackenzie. finance ministers have approved the recent reform efforts and will disburse $11.5 billion. the great bailout program is fully back on track. to not justorward the successful completion of the first review but also of the intention of the imf and management to go to the board. we think it is an important in the long greek program, an important moment for all of us. since last summer, where we had a major crisis of confidence between us, that confidence has begun to recover. ishaad: bloomberg news [indiscernible] w

bank. she held up the credit union on crow canyon praise at 1:20 yesterday afternoon.he surveillance camera that caught a photo of her. she airs a vest like those on highway and construction workers. >> in california the center of the political word hillary clinton will have breakfast in oakland this morning with community leaders, and on thursday, lt. governor joins the democratic presidential candidate to rally supporters at the bank in san francisco. hillary clinton let donald trump have it. >> donald trump is an unqualified loose cannon who cannot get near the most powerful job in the world. it is up to us to say no. >> earlier hillary clinton spoke to south bay supporters in san jose and this morning will have chicken and waffles. >> bernie sanders will bring the campaign to san francisco tomorrow spending thursday in southern california where he expect land to make college tuition tree. many of you saw the vermont senator last night on jimmy kimmel ignoring a question from donald trump asking in the delegate selection process is rigged. >> tell them what i hope w

that financing but go out and see what you can get from other lenders, talk to your local bank and credit unionod information, thanks so much. >>> next, more ways to save. the big bargains you can take advantage of in the month of june. >>> welcome back. >>> welcome back. from wedding season bargains to kids, what to buy in the month of june. our lifestyle expert is a today.com contributor. she's done all the bargain shopping for you. dates are important. explain that. >> dates are very important for all of these deals. they all take place in june. the deals start and end at different times. go to today.com after the segment to get the exact dates. >> it's the month where every starts to think about the beach. they've gotten themselves in shape. we're starting with revealing items. >> fitness stuff. we're seeing deals up to 50% off on this. for example, macy's, spend these products and get $50 back. or jcpenneys, select bras, get one for a penny. 20% off all full price fitness apparel. >> it's also wedding season, great deals on housewares. >> we're seeing up to 50% off on housewares as well. m

banks are expected to respond next week. it will probably take place after the muslim month of ramadan. uniont is considering a sale in its stake of financial bank and reviewing its holdings in turkey. unicredit is looking at measures including selling as much as 50% of one company. they are looking to replace the ceo who has repeatedly ruled out a share sale. espn is reporting the national football league will return $723,000 to the u.s. government. it all stems from the pentagon displaying adriatic space between 2012 and 2015. it was designed to promote the armed services. senators criticize roger goodell for letting the teams take the money. that is your bloomberg business flash of eight. let's get to this om shell trading case which has come to light today originating from trade to the foods chairs. are some of the details from news conference earlier today. artistic patient in this critical scheme, tom davis has already plug guilty and is cooperating with the government investigation and case. was arrested yesterday in las vegas. allegations.ely he has the presumption of innocence and a

union is a bad idea. data released from germany's central bank shows investment by german companies into britain dropped by 6% in the first quarter. german industry lobby says this is because a british e.u. exit would involve severe uncertainty and economic risks. i.m.f. director was in london friday underscoring what she called significant downside risks of a brexit. >> should it drop and external financing follow an exit vote, for example, this would imply a significant depreciation of the sterling and large contractions of investment and consumption implying lower output, low growth, and higher domestic prices. >> will the warnings from outside be enough to keep britain within the e.u.? britains go to the polls on june 23 to show their true colors. that's all from business, now it's back to christopher for some sports news. >> that's right, not very good news, i'm afraid, javier, at least 15 russian medal winners from the 2014 winter olympics may have been involved in doping. that's the allegation made by the former head of the russian laboratory that handled urine samles at the time. that man was remov

asked banks to outline the persians for a possible british exit from the european union, according topeople familiar with the matter ññ1111@1@1@1@1púúa xx 05/10/16 05/10/16 [captioning made possible by democracy now!] amy: on the road in minneapolis, minnesota, this is democracy now! >> we have to recognize that the kind of language coming from donald trump is hateful and we need to repudiate it. >> if the voter turnout is high, we will win and we can win big.

has set out his case for britain to remain within the european union. >> the claims on the impact on the economy have been supported by the bankd, the oecd, the director of the imf, and every major credible institution in the world. every of our allies in the world has supported our arguments that we have made. francine: we are exactly six months -- six weeks away from the eu referendum so we decided to travel the gauge -- travel to gauge public sentiment. scotlandin northeast and ended in penzance and miles andover 770 numerous views on why britain should stay in or leave the eu. around themainly european union, the additional factor like environmental protection that they give, and they kind of act as a checking mechanism on the country really. they kind of pull back the extremes and i think that is the reason why we need to stay. >> what i object to is the fact that we elect people in this country to pass laws on our behalf, but those laws effectively are influenced dramatically by europe. ronnie jefferson joins us from edinburgh. how is the journey, and what else did people say? >> the journey was very long. thinga quite i

talk to your local bank, local credit union.> jean chatzky, thank you very much. >>> up next, we have more ways to save. the bargains you can take advantage of in the month of june. >>> first, this is "today" on nbc. >>> welcome back. from wedding season bargains to deals for kids, we have a round up of what to buy during the month of june. lifestyle expert, a today.com contributor, has done all the bargain hunting for you. nice to see you. >> nice to see you, matt. >> before we get to the products, dates are prornimport. explain that. >> they're important for all the deals. they start in june but at different times. go to today.com to get the exact dates. >> you'll fill us in on that. it's the month where people think about the beach. they've gotten themselves in shape. we're starting with revealing it items. >> lingerie and fitness stuff. deals up to 50% up on this. for example, macy's, spend $100 on heidi klum intimates and get $50 back. kma kmart, select sleep ware is marked off. fitness at dick's sporting goods, select nike

bank. this happened yesterday at the pacific services credit union. surveillance cameras captured these photos of the subject. >>> b.a.r.t. riders will have to contend with closured over the holiday weekend. they impact the san leandro and bayfair stations. crews are finishing work on a rail replacement project that work is supposed to start midnight tonight and wrap up over the weekend. b.a.r.t. will use shuttle buses between the stations. >>> the state's public utility commission is hoping old school can help prevent catastrophic wildfires. that school is a map that indicates areas where power lines pose the greatest wildfire danger. the goal is to prevent fires. the commissioner approved fire map one where power line fires and their spread is mete possible. the places most at risk are in the far northwest and southwest portions of california along with places in nevada. >>> water regulators dismissed a fine of $1.5 million against a central valley irrigation district. that district had been accused of diverting water that it did not have rights to

an appeals court has reversed a fraud finding versus the bank relating to actions by its countrywide credit unioning the financial crisis. it's also negated a more than $1.2 billion penalty. the court found there was insufficient evidence that fraud was committed. the case involves mortgages sold by countrywide to fannie mae and freddie mac. >>> when we come back, this video of a woman trying on a chewbacca mask has more than 135 million views since thursday. the eye-popping numbers and some of the potential dollars behind them in just a minute. ♪ we built our factories here because of a huge natural resource. not the land. the water. or power sources. it's the people. american workers. they build world-class products. and that builds communities. and a better future. for all of us. because making something in america means so much, to so many. weathertech. proudly made in america. >>> kate kelly has the details. >> we know anecdotally that apple shares really fell out of favor with hedge funds during that first quarter. but new data from the research firm puts it in a pretty stark light. the 1,0

nation was not only credit worthy, but that in making these loans, the bank was acting prudently in the interest of both the union of south africa and the members of the bank as a whole. at that very moment, the u.n. had just completed a review of economic conditions in africa, led by william dean, the son-in-law of channing tobias. as the chief of the african unit for the u.n., dean immediately sent white a draft of the report. it dismantled all the cliches about rising tides raising all boats. while south africa had the highest per capita annual income on the continent, most of that went to the white minority population. africans in the union made 75% less year that per year -- 75% less per year. miners only earn $4.12 or week. the report reinforced white's position as he made the case to the media for cutting off all funds to south africa. this was dangerous and shallow thinking, he argued. the world bank loans did not help. it bolstered a racist a caterer undercut moderate forces, saved the political -- just as walter white predicted, the regime's minister of finance waived the world bank's funds in front of

stall let's head over to 90 to the connection between the peninsula and the east bank it looks good no problems and heywood union city san leandro the problems on 101 or 280 quick check of some drive times if you are a highway for commuter is looking into antioch pittsburgh concord 12 minute drive from hillcrest. and hillcrest >>robin winston: no problem for the livermore valley vassal of to the dublin and to change and continuing into castro valley that is not going to be an issue. >>james: it devastates of filing a lawsuit against the president obama administration the challenges the federal directive that allows treasure and tutors to use bathroom's that match the gender they identify with the states are against it have the lawsuit is asking a judge to declare the director of unlawful president obama has defended that directed as a way to prevent a bullying former will students. >>james: during the noon hour a construction worker taking a lunch breaks out of the old eastern span of the bay bridge discovered a torso that had washed up on the rocks. >>reporter: homicide investigators are brought to the same sin

union. that it's according to a bank of england member who says additional stimulus is needed, both rate cutsore qe should be on the table. the so-called helicopter money is not consistent with the central bank's mandate. deutsche bank open bonus payments to touch holding bonus payments while examining they improperly traded with a company. is revealing a transaction the could of had unacceptable conflicts of interest and will take disciplinary actions where appropriate. 2400 journalists and about 150 news bureaus around the world, this is bloomberg news. thank you very much. let's get to the luxury numbers this morning. they make luxury jewelry and watches, sales numbers are oddly in line with estimates. these sales came in at 11.1 billion euros. in terms of the outlook, they're saying they see no meaningful short-term improvements in the outlook and use of cash was for a much a focus going into these numbers. ebbing demand for watches in drops andrecent tourism in europe because of terror attacks. struggling with the strength of the franc, that has been hurting the company as well and have

unionism. also, saying they mass-poisoned palestinians on the west bank. of --israeli desecration israel for itsg oppression of palestinian women. recently, israel became the only state in the world condemned for its oppression of women. i mean, you can't make this thing up, unless you are sitting at the united nations council for human rights. peace, condemning israel as a non-peaceloving nation, an enemy of human rights. the resolution of the commission condemningghts, a major human rights violator. in a word, in a world in which human rights then, let alone 40 years ago, had emerged as a new, secular religion of our time. the condemnation of israel, meant that israel had emerged as a new geopolitical antichrist of our time. so much for that first example. the second, is laundering under the authority of international law. i could regale you on this forever, but let me just take one example. it was mentioned earlier today, and deserves a recall. year, ther last contracting parties of the fourth geneva convention, the repository of international to put on