twokrock is starting smart-beta etf's coming next week. some funds that already at the -- already exist, but smaller than stocks. >> the fact they came out with the two smart-beta bond etf's last week, we have a particular hyd be, and also investment grade high-yield etf's. value andaking quality and applying it to the debt market. defenses are going down as well. we are looking at bonds that might be slightly less risky. on the other side, we have ige looking at the return portion of that. they are looking at bonds, that are a higher yield, black rock's investment grade market etf's. , generally, know -- difference can be them the difference between them can be a hair's breadth. >> the interesting thing about the funds is how they compare to blackrock etf's. the blackrock etf's go with self indexing rather than paying an external index provider, that means blackrock has all of the control over the process the beginning to the end. they come up with the methodology, they do all the rebalancing. there is a cost saving there, not having to p

it is in beta now. dick: it is in beta right now and we are working of the user dynamics. or more things we really want to do so i would say this fall. emily: dick costolo, former ceo of twitter and ceo and cofounder of chorus fitness. facebook is taking another stab at virtual reality. the company plans to unveil a cheaper wireless device the company is betting will popularize vr the way apple did the smartphone. people familiar with the development say the headset will sell for as little as $200 and need not be tethered to a pc or a phone. coming up, interest in east sports has beene- on the rise in the last year. now professional sports teams are getting in on the action and investing millions. will hear from patriots owner robert kraft and activision ceo bobby kotick. if you like bloomberg news, check us out on the radio. you can listen on the bloomberg radio app and sirius xm. this is bloomberg. ♪ ♪ emily: razor is shooting for a hong kong ipo that could value thanaming company at more to fund development of its own $5 million global phone. they are said to be develop

launchingity is also a line of smart beta etf's. julie: thanks so much.nie: julie hyman, thank you for that. still ahead, the fed's tightening spooking emerging-market holes? this is bloomberg. ♪ whoooo. i enjoy the fresher things in life. fresh towels. fresh soaps. and of course, tripadvisor's freshest, lowest prices. so if you're anything like me... ...you'll want to check tripadvisor. we now instantly compare prices from over 200 booking sites... ...to find you the lowest price... ...on the hotel you want. go on, try something fresh. tripadvisor. the latest reviews. the lowest prices. live from bloomberg world headquarters in new york and london, i am vonnie quinn. mark: i am mark barton. has more from new york. >> the menu set up a meeting between donald trump junior and says -- lawyer at behest of a moscow-based man with ties to trump's friend businesses. you may time for the meeting organized by publicists rob goldstone on information about hillary clinton. the new york times says goldstone told trump junior at of the session that the russian govern

to discuss their book the convenient terrorist and to uncover the true story behind out there's a beta and his relationship with the u.s. intelligence service where he was sitting with him. you were saying he was kind of you know there you have you need a passport to get that but boy do we know why or how was he regarded with that organization himself did they treat him with the respect i mean where did he kind of fall into that it was. actually i mean he one toy he was he was getting a little tired of this group he was traded or not. he he tried to join up because they refused is his membership i think it says. but do you know they didn't. you had a traumatic few years earlier and it just you would be helpful now later on you did you didn't want to do with. it. ok we're investigating him and we plan the big you know the big takedown of him but the interesting thing about kind of where you . kind of you know how he was described afterwards is to me is that is he kind of the guy who you know was guilty a little bit but really it's kind of like wrong place wrong time in that era of u.s.

beta pi. text messages. we are expletive beyond expletive. after this we could be kicked off. it's over. and i don't want to go to jail for this hazing is a huge thing. defense attorney saying the text messages are not incriminating the defenses. >> they're trying to figure it out. >> but prosecutors say they show attempt at a cover up one brother saying delete a group message so no evidence would be on tim's phone and another writing skeep quiet about last night and the situation. >> tim would be alive had there been simple humanity exercised. >> they thought by erasing text messages or searches on the internet browser that they would prevent law enforcement from finding that information but once a text is set and internet search is conducted that information can't disappear so they're creating a paper trail to be used against them to show consciousness of guilt. >> these messages adding to the pile of evidence the prosecution has already collected as they try to piece together what happened

>> it is in beta. we are working on the dynamics. i would say late this fall.ly: dick costolo, chorus fitness ceo, former ceo of twitter, great have you on the show. thank you. coming up, we are on the ground at the taobao festival. which gadgetsou the youngest consumers in the country are gravitated towards -- gravitating towards. this is bloomberg. ♪ emily: alibaba is taking a page from the amazon go cashless convenience store by showcasing a similar concept in its chinese hometown. bloomberg tv not asia correspondent stephen engle got a use -- a look at the taobao maker festival that features other new retail strategies that integrate online with off-line shopping. reporter: the taobao maker festival is where the virtual world meets the physical. someone hundred eight taobao 108 taobaod -- some vendors selling, millennials by all kinds of stuff. the festival, in its second year, is doubled in size of last year's. showcase off-line -- for the online sellers without the crippling brick-and-mortar overhead. whether it is the latest in eye-popping design or body

outside of the court we caught up with attorney for michael bonntucci, former beta member charged with involuntary manslaughter. >> served cup of kids not timothy piazza beer and disappeared from the video the rest of the night. not there during any of the critical time. >> four charged from the philadelphia area, emotional moment when they played surveillance video from inside the beta house in the courtroom and timothy piazza's par hadn't to leave, the last video showing him up and walking around after that he fell down the stairs. reporting live, david shouldn't, cbs 3, "eyewitness news." >> all right, david, thank you. >>> also, police are looking for the man accused of robbing and shooting wendy's customer just feet away from a north philadelphia police station. it happened late last night broad and champ plows across from the 35th police district. victim apparently ready to order from the drive-thru, man reportedly pointed a rifle in his car window, the victim in stable condition. >> just about 2 miles from that scene, along the 5,000 block of germantown avenue, authorities tell

in court the district attorney shared text messages, between beta members in the moments after piazza died. one of the messages from the phone of brendan young, chapter president from malvern, quote, make sure the pledge's clean the basement and get rid of any evidence of alcohol, end quote. piazza's parents were also in the courtroom, visibly shaking during testimony. the entire episode involving piazza and fraternity brothers was caught on closed circuit surveillance video. at one point in the video joseph m, defendant from philadelphia, slapped bee ass a to try to wake him up, charged wreckless endangerment. philadelphia attorney bill brennan reps joseph m. >> i guess i'll look at it again today, but there was nothing on the video that i saw that was assault of criminal behavior. this is a terrible tragedy, the family feels absolutely compassionate, and deeply sorry about the lost of this young man, but we can't equate tragedy with criminality. >> several of those pledges and several of those former now fraternity members facing charges every involuntary manslaughter, district atto

mark >> but now youse msci see big shops, because -- smart betas just repackaging.re-packagerng self and create your own fidelity index and have it track the brand-namece makers. is not a severally good for the brand makers because a lot of becausel not be used they want to use their own secret sauce. julie: thank you so much. vonnie: thank you. there is a new ticker for baker hughes. this is bloomberg. ♪ mark: live from bloomberg world headquarters in london and new york, i am mark barton vonnie:. this is bloomberg markets. powering consolidation in the energy industry, ge oil and gas is celebrity a merger this morning. the he began trading last week. the deal makes ge the largest shareholder in the new company. the ticker is bhge and alix steel has more from the exchange. mark: alix: i am here with lorenzo simonelli. great to see you. >> it's great to be here. alix: this week, we had a lot of big people talking about where oil was going. they say it could take until the end of the decade until there are better times in the industry. >> i wish i had a crystal ball.

at smart into flows beta etf's this summer and found a shift toward momentum.this a matter of stocks going up so people are trying to chase it? eric: performance chasing is really what smart beta etf flows are about except the vanguard value is like a cash vacuum cleaner that will take in money regardless. up 20% this year, double the s&p. here's the thing, when you take a look back under the hood, it is not exactly the academic definition of momentum. lowballalmost like a version of momentum -- low vol version of momentum. ,hat you end up with is stocks a lot of large caps and large caps have been outperforming small caps, and it rebounds semiannually, not monthly. the devil is in the details. when it works, it works. if the thing is up, the formula is working but it is not exactly technically the academic definition of momentum. julie: momentum with a different screen. there is some low volatility etf's on the list which is surprising, given how persistently low volatility has been so what has been driving that flow? eric: the two on their, -- on there, that

in the beta trial, it can overwhelm the system. but for alibaba, it pays off.ts online shoppers to use their ali pay in the off-line world. that is data that is very valuable. emily: bloomberg's stephen engle reporting from china. coming up, one of the world's biggest cybersecurity companies has ties to russian intelligence services that go deeper than previously known. we will bring you a bloomberg businessweek report. this is bloomberg. ♪ >> it is 11:29 a.m. in hong kong . i am paul allen with the first word news. 31 as thes named july date for an extraordinary shareholder meeting. that will happen within three months, the egm. shareholders who have exercised voting rights, toshiba is still talking to potential buyers about eight/chip memory unit. softbank is hiring a media executive for a $100 billion vision fund. andn will join the fund moved from new york to their headquarters in california. they are trying to get control of sprint. softbank is in talks to invest in chinese bank rentals. on high denomination notes late last year has claimed to have cost to

doctors estimate piazza had a blood alcohol content of .40, beta theta pi fraternity now banned from campus and 18 members are facing charges as serious as involuntary manslaughter and aggravated assault. this video of these students from a previous court appearance, grand jury investigation found that the actions and inactions of these classmates may have, made his injuries worse. piazza was found around 10:00 o'clock the next morning when fraternity brothers called 911. so in addition to the charges piazza's parents pushed for stricter rules related to greek life, hazing and board of trustees at penn state ordered a mandatory shut down. any organization that hazes with alcohol, physical or mental abuse, today's hearing begins at 8:30. we have dave kinchen there to bring us more. >> it will take a few weeks. >> thanks, jenny. >> pennsylvania budget deadline is just hours way and there is still no agreement in harrisburg. 32 billion-dollar budget package is on governor wolf's december buck they are working to close a deficit of more than $2 billion. bill becomes law midnight tonight

some record using vhs and beta max formats. that includes a mob attack in april. abc 7 news was at the safety committee meeting where one of the victims of the attack asked that surveillance video be released. >> part of it is releasing the videos of the incidents that have been going out at my attack and multiple since to better educate the public and find ways to prevent it from occurring. >> the safety committee will consider new policies at the meeting next month. >>> an entire california town is under an evacuation order tonight. >> a wildfire has exploded in size forcing governor brown to declare a state of emergency. it has spread to 25,000 acres. cal fire has ordered a nighttime air attack to protect the town. >> eight structures have been destroyed but 1500 more are threatened. we have the story now from the fire lines. >> reporter: air crews are attacking the flames from above as more fire crews from around the state are coming in to help battle the detwiler fire. >> when you add in the foothills and slopes and grades and the temperatures and humidities,

is in the news room with more, jenny >> reporter: prosecutors say that these fraternity brothers at beta theta pi waited 12 hearst before getting help for pledge tell think piazza after piazza fell downstairs twice and hit his head and also piazza and his fellow pledges were pressured to move through multiple drinking station that is required them to chug vodka , shotgun beers and drink wine. piazza later indict of toxic levels of alcohol in his body. doctors estimate he had a blood alcohol content of .40. the fraternity is banned from campus and 18 members are facing charges as involuntary manslaughter and aggravated assault. we have video thaw are looking at of these students from previous court appearance, grand jury investigation found that the actions and inactions of these classmates may have made the teens injuries worse. he was found in the basement around 10:00 o'clock next morning when the fraternity brothers, finally called 911 his parents pushed for stricter rules related to greek life hazing and they got them. board of trustees at penn state ordered a mandatory shut down of

we saw high beta outperform low beta by about four percent. this is the point where people want to get invested. if we get a miss i agree with stephanie i think people will be lined up to buy the tech stories. i think broadly speaking you are going to see rotation into some of the other asset classes like value sectors that have under performed year to date. >> google misses tonight and we are 80 points lower. you are not going to make a judgment until you hear from facebook, until you hear from the rest of the fang names. and then you can make a referendum on them. i go back to where we go to if we rotate out of those names. i think you know this. >> they go in -- >> what are they doing they are looking for momentum. that is where we are right now in this market. you look at tesla. tesla was up four percent. what happened over the weekend that tesla is up four percent? it is clear. it is chasing momentum higher and higher. that is the environment we are in right now that doesn't effect long term thesis. >> if google misses where are you going

sophomore engineering student was a pledge at beta theta pi fraternity new banned from campus. a grand jury investigation found that the actions and in actions of piazza's classmates may have made his injuries worse. eight of the students are charged with involuntary manslaughter, others are charged with aggravated and simple assault and then tampering and related offences so this is footage of the students charged in the case entering the courthouse for a previous hearing. according to prosecutors, he had fallen down, stairs multiple times. surveillance video shows four fraternity brot are carried piazza's limp body backup stairs where they poured liquid on him and slap him in the face apparently one student who insisted piazza needed medical treatment was confronted and shoved into a wall piazza was found in the basement 10:00 the next morning when the fraternity brothers called 911. penn state began cracking down on greek life any organization that hazes with alcohol, physical or mental abuse will be shut down, and the changes came after piazza's parents demanded the board o

if you use the betas that you get from the fed, it amounts to about 40 basis points over the next threers. typically if you look at what happened in past qe type cycles, it gets priced up front typically, not win the, you know, the unwind is happening. i think the market is extraordinarily complacent right now given the fact that there is that much duration that is about to hit the market. jonathan: do you think it is a complete the market? jim: i could not agree more. i think many portfolio managers and professional investors are complacent with regard to the long end of the market. the yield curves are relatively flat, durations extremely long because the yields are so low, and we see the impact of that if we get a correction, for example as we did last year starting around right now. the long end of the market performed very badly because, again, it does not take much of an increase with yields to produce rather substantial price declines. and we are going to get more duration in this market, partly because of the balance sheet restructuring or the reductions in the balance sheet wil

brothers back in court, prosecutors revealed new text messages after tim piazza stumbled drunk in the beta theta pi house. make sure the pledges keep quiet about last night and the situation. he looked expletive, dead. also, a google search. how will nine drinks in an hour affect a 200-pound guy. in the courtroom today, piazza's parents. >> the text messages were devastating. the piazzas find it extraordinarily difficult to hear that and see it in front of their very eyes. >> reporter: the charges range from involuntary manslaughter to evidence tampering in a case that scrutinized the darker side of greek life on college campuses. today a shouting match erupted between the prosecutor and defense attorneys who say their clients did not intend for piazza to die. >> i think the charges that have been brought with respect to my client in particular have stretched the bounds of the law and the facts as they relate to him. >> reporter: the hearing continues tomorrow as the judge decides whether this case should head to trial. >>> a dangerous combination of wildfires and heat shows no letup in th

. >> 18 former members of beta theta pi are facing charges ranging from involuntary manslaughter to reckless endangerment. >>> the search is on for a group of young vandal whose ransack add bowly ally run by a church. they were cut on cram at st. monica's. the vandals found the key to the change machine and stole $1500. >> devastating to us. of we have day cares scheduled to be here all day and instead we're changing locks and doing this kind of stuff and actually losing revenue. >> anyone with information about this crime asked to contact philadelphia police. >>> president trump's oldest son is under fire and fight back in the russia investigation. on twitter, donald trump junior released a series of bombshell e-mails confirm he met with a russian lawyer who claimed to have damaging information on hillary clinton. in the e-mail, the person setting up the meet wrote the information against mrs. clinton was collected as part of the russian government support for mr. trump. some believe this e-mail chain shows the trump campaign colluded with russia to win election. donald trump junior said he

and suffered multiple injuries as surveillance video captured him repeatedly falling throughout the beta theta pi house. fraternity members didn't call 911 for 12 hours but then it was too late. >> it's a horrific case. young man lost his life but that doesn't automatically mean joe ems committed any krim in act. >> reporter: this hearing will stretch into that a third day tomorrow. then the judge will decide which of the defendants will be held for trial and on what charges. i'm live in belfont, chad pradelli channel6 "action news." >> all right, chad, thank you. >>> one man is dead after police say a cargo container fell on his pickup truck in south philadelphia. happened around 12:30 this afternoon here in the 3300 block of south columbus boulevard at the packer marine terminal. officials say a piece of heavy equipment that lifts those large shipping containers may have accidentally knocked into a nearby stack and one fell on that nearby pickup truck with a 52-year-old man inside. the pier was closed immediately after the incident. it will reopen tomorrow morning. >>> still no word ab

this is just a pop-up beta test. you know, as we tour around the nation with sue's tech kitchen i think -- >> you sold out instantaneously. >> yeah. we put out one small press release, which sold out within hours. so we're frantically working on ways to add new reservations and expand we want to get as many families in the door as possible. >> now i asked you on the commercial break how long it would be before i could take my family and the point is it's going to be awhile because you're not starting in places like new york city or silicon valley why is that? >> that's right. one of my big passions is britaining the digital divide. i think we live in an interesting time in this country as we're seeing where there's brain drain from cities, you're seeing there's a huge gap, companies can't even fill engineering jobs that are sitting open and one of the ways that we can do that is by bringing technology to cities around the country that want to become innovation hubs, and are really working hard but don't have that acc

it's more more about keeping our education in beta, a work in progress, and i think that is something else missing in the book. a narrative if you're a tick techie, you still have a carte blanche -- this relevant in the future world and this is a changing target. on a monthly basis or yearly basis, the coding tools change, and it's a really about the ability to be a smart questioner, not just have the answers. >> that remains me of an old anecdote i heard, getting an -- going to undergrad, getting a bachelors degree keeps you how to learn and then getting a post graduate degree teaches you what to learn. and this idea of, like what you said about education and beta, continually learning, and i think i would be interested in getting your thoughts on this, too. oddly enough, primary technology related trade classes or trade schools, like general assembly, or code academy, or in a different category, con academy, learning them how to learn with specific judge matters without having to good and spend 50, 100, $200,000 for a masters or plasters plus level class, and i think that has become

you beta. spieth shot a 159 under the day. three shot victory over matt kuchar.he win gives spieth the third leg of the career grand slam and the chance to be the youngest to win them all at the pga championship. smeej joins knack nicklaus as the only player to win all three. steph curry are both golf fans. steph tweeted, it's a eagles. andry wrote -- will myers love at&t park. hello. good-bye. solo shot to left. his fifth homer makes it 1-0 padres. doubles off the right field wall, two runners would score and the giants never recovered. they lose 5-2 the final. >> for some reason our starters just have not had very many good starts against these guys and they have a little power and they're hitting their shares of home runs. there's a lot of things that say this and this but bottom line is we just haven't played very well against them. >>> a's hoping to avoid the sweep. marc siemian see you later. a's op the scoring. chris david wanted on the action. that baby is gone. his 28th homer. take a 2-1 lead. seventh inning game tied at two. matt chapman goes yard, his

investigators say he fell several times and was ignored by other members inside the now shuddered beta theta pi frat house. prosecutors say charged 18 men with various crimes. piazza's father says he hasn't scenes much remorse from any of the defendants. excitement filled wednesday night in atlantic city. thousands flooding the beach for a look at pop music star pink. this oppress tiff heat didn't stop fans from singing and dancing the night along. our dave kinchen was there for the story ♪ >> reporter: and get the party started she did. super star pop princess pink fired off the fan favorites in atlantic city but the hot hits were met with an often overheated crowd. >> super hot. it took forever to get. >> reporter: concert goers lined the beach hours before the show when the sun was baking the thousands already getting the party started and drinking. >> it's crazy hot, humid. >> reporter: exactly the thing medical staff had been worried about. teams have been fetching people for treatment after the sun was a little too much for them. >> the day has been very very busy they're many pe

prosecutors today presented evidence they believe demonstrates a coverup by the members of the beta theta pi from ternty in the death of piazza. young allegedly wrote to the pledge master, quote, make sure the pledges clean the basement and get rid of the evidence of alcohol. casies reportedly texted his girlfriend, quote, it's over. i don't want to go to jail for this. in another text, defendant gary debillio texted a fellow fraternity member. it's not the fact that he drank, he drank because we hazed him to. main word being "hazed." whenever the preliminary hearing wraps up, the judge will decide which of the 16 defendants will be held for trial on what charges. >>> on the accuweather front, heat, humidity, all building to a crescendo later this week. that will make it feel hotter than 100 degrees. cecily tynan takes a first look right now. this means more than just higher temperatures. it also brings the risk of storms. >> that is right. heat wave number four. today, warm and muggy, 89 degrees our high. but look out to the west. high temperatures in the triple digits in some areas, and

piazza from lebanon, new jersey died from injuries at a february party at beta theta p i frat house. his father is urging 18 defendants to come forward with everything that they have that is useful. >>> former port authority official called the master mind of the bridge gate scandal gets three years probation. governor christie's spokesperson says david wildstein act add loan. wildstein pleaded guilt and his testimony helped convict two former aid. christie's spokesperson brian murray said wildstein closed lanes leading to the george washington bridge as political pay back but several witnesses testified under oath that christie knew more than he said he did about the scheme. >>> right now students at ucla are back in their bed. >> after an an evacuation order forced them from their dorms overnight. reason thousands where is sent to a nearby soccer stadium. >>> president trum april raves in par toys meet with the french president. we will tell but the big questions he will face at a press conference late they're morning. >> ♪ >>> you will feel sun beating down your face today, here's

the 18 members of beta theta pie will return for the hearing today. the seven-day forecast brothers waived their hearing. timothy piazza of lebanon new jersey died after heavy night of drinking at bid acceptance party at the frat house. suffered traumatic brain injuries after falling downstairs in the house. >> and a man in critical condition this morning, after he was gunned down in front after group of children in kensington. it happened just before 4:00 yesterday afternoon. along the 1800 block every east atlantic street near kensington avenue. police say the 21 year old victim was shot multiple times as he left a grocery store, authorities tell us group of children playing in a kiddie pot along the sidewalk. >> around here, not a bad neighborhood. but for you to let off shots in front of kids, you don't have no respect for your so far. you don't have respect for your kids watch if one of them got hit. >> now, none of the children were hurt right now police working to identify a suspect and a motive. >>> today septa conductors will start checking t

. >> in another more recent case, 18 young men are charged in the death of tim piazza inside the beta that i pa pi house at penn state. he died after a night of drinking and several false at a frat party. >>> tonight, we learned how much bill cosby's sexual assault trial cost taxpayers. that number just more than $219,000 according to officials in montgomery county including overtime costs for court employees and the price of bringing the jury to and from pittsburgh for the trial. prosecutors will retry cosby after jury deadlocked in his first trial. >>> a familiar face throwing her hat in the ring for district attorney. lynn abraham turned in her application today to be as interim d.a. she previously served in that position for 18 years. that position is open after seth williams pleaded guilty in a federal corruption case. the deadline to apply is tomorrow. city judges will vote on the candidate next week. >>> back to our breaking news, that stunning confession after four men go missing in bucks county. a look back at how this murder mystery began and the unanswered questions that au

16 hours of a court hearing but the defense attorneys for nearly 18 perform former members of the beta theta pi fraternity at sten fate finally got the cross examination started in the hazing death of 19-year-old timothy piazza. williams brennan represents joe 7ems of philadelphia. >> in the final analysis, the tape tells the story. >> reporter: brennan is in line to challenge testimony from state college police detective david, who went over text messages alleging ems was involved in co planning the night of excessive boozing and even struck piazza who was responsive. he's charged with reckless endanger. >> do you think more charges could possibly -- >> prosecution has the right to amend the conclusion of the preliminary hearing, you know, we always hope for the best and expect the worst. we're defending as vigorou vigoy and zealously as we can at this point. >> reporter: detective reviewed messages from former >> testing. >> ment. >> testing. >> testing. just don't know what i'm libel for as president. >> in a text from former pledge master daniel casey, casey said "i think we're exp

existedgroups that have have shrunk since the beta the movement since 2009 and 2010. they are mainly focused on having these meetings with top republicans saying pass it. when they had a concrete goal it was something that didn't have purchase especially in the republican caucus. it was some and start over, which is easy for them to say, does run the 2018 election on the failure of obamacare. it's tough for them to say sorry you lost insurance but we need to fix is after the next election. >> a big week for john mccain. what were your looks at how he performed? whole drama. the speech he gave earlier in the week when he came back poignantlly was quite and a think people were surprised when he cast his vote for the motion to proceed, which seems to contradict the sentiment he was giving their. then it's the regular order and bipartisanship. but then at the final moment last night casting the vote to essentially kill the reform effort was quite striking. i think it surprised a lot of people and support his claim as a maverick from years past. nothing statesman with to l

. >> 18 former members of beta theta pi are facing charges ranging from involuntary manslaughter to reckless endangerment. >>> the search is on for a group of young vandal whose ransack add bowly ally run by a church. they were cut on cram at st. monica's. the vandals found the key to the change machine and stole $1500. >> devastating to us. of we have day cares scheduled to be here all day and instead we're changing locks and doing this kind of stuff and actually losing revenue. >> anyone with information about this crime asked to contact philadelphia police. >>> president trump's oldest son is under fire and fight back in the russia investigation. on twitter, donald trump junior released a series of bombshell e-mails confirm he met with a russian lawyer who claimed to have damaging information on hillary clinton. in the e-mail, the person setting up the meet wrote the information against mrs. clinton was collected as part of the russian government support for mr. trump. some believe this e-mail chain shows the trump campaign colluded with russia to win election. donald trump junior said he

>> reporter: expressionless and quiet, 16 members of beta theta pi walked past crowds as they entered a pennsylvania courthouse. the charges against the young men stem from the february death of penn state university sophomore timothy piazza and vary from involuntary manslaughter to wreck legs endangerment. today's hearing focused on deleted text messages, former fraternity president brendan young, who faces some of the most serious charge, texted his girlfriend after piazza was taken to the hospital. young said, "i don't think you fully comprehend the situation. he looked expletive dead. at the end of the day, i am accountable for it all. i will be the one going to court, paying for an attorney, and maybe put in jail." another text message from pledge master daniel casey to his girlfriend reveals the level of concern. casey said, "we are expletive, like beyond expletive. it's over. i don't want to go to jail for this." his girlfriend replied, "make sure no one says anything." >> we're confident we're ready to go. >> reporter: in an intense encounter in court today, several defense at

haidi: here in australia, we are seeing rising levels of beta activity.s this a way investors are overlooking this potential risk? >> we have been running with a long, defensive short cyclicals position. we closed that out under the argument the growth and environment is positive for cyclicals. from a market perspective, we are positive on china. it is one of the least held global emerging markets. in particular, we would space.ht the financial thank you so much for that. the hageman of -- head of asia equity. growth.p, strong property prices, particularly in third and four banks are cities in china are soaring. we will what that stock, it is already up. ♪ counting down to the open of markets in china and hong kong. joining the fray of asian markets seeing a continuation of this risk sentiment we saw in the walmart -- wall street overnight. us gdp coming up. china industrial profits, overall, pretty good. the hang seng up 0.4% against futures. some stocks we are seeing jumping. china, evergrande. this is one of china's largest and most indebted property d

the ad model being beta tested right now, you can only participate if you've been invited about i at which timer >> twitter struggling to make a profit and gain new users as we take a closer look at the san francisco company's performance over the last couple of months. you will remember last week twitter shares plunge more than 14% after the company announced little user growth in the second quarter. in the u.s. twitter's average monthly active users fell to 68 million to 70. worldwide user pace has been stagna stagnant. >>> it looks like west coast dock workers are approving a new three-year contract extension. the deal covers all 29 west coast ports including the port of oakland. union workers say it's being approved by a two-thirds margin. the current deal expires in july of 2019 so a new contract likely would keep labor at least through the middle of 2022. full results will be announced on friday. we will keep tabs on that for you. >> new this morning it might not shock you to learn that the bay area is one of the worst places for renters. oakland came in at the bottom of the li

monday and tuesday to allow the prosecution to finish laying out its case against 16 members of the betaheta pi fraternity. two others have already agreed to go on trial. there is video from inside the fraternity house that shows tim piazza being forced to drink alcohol before falling down a flight of steps in february. >>> an alert tonight for septa rail users, changes starting tomorrow. passengers from temple, jefferson, suburban, 30'd and university city stations from 3:00 to 7 p.m. will need to have their tickets inspected and punched by fare collections personnel. they're located at the stairways to the train platforms. you need to present your purged tickets to the conductor for collection. requiring all passengers from those center city stations during that time period to have a prepaid ticket or pass before going on to the train platform. again, the changes take effect tomorrow. >>> amtrak is doing work at penn station in new york. and as a result, new jersey transit will make some changes to its schedule starting tomorrow. all northeast corridor and new jersey coastline trains w

piazza, who is from lebanon, new jersey died from injuries sustained at a february party at the beta theta pi fraternity house. his father is urging the parents of the 18 defendants to quote come forward, with everything that they have, that is helpful. >>> overnight, thousands where is forced to evacuate their dorms at the university of california/los angeles after someone called in a bomb threat. students were sent to the soccer stadium on campus after the university's emergency plan was activated. officers were clearly taking the threat seriously and combing campus for any evidence of the bomb, students were given the all clear to return to the dorms shortly after midnight local time, summer classes are currently in session at ucla. >>> president trump is in paris meeting with a new leader of france but at home investigation into russian meddling expand. president's and first lady landed in france early this morning, there he will meet with president's eamon out macron. cbs news has learned robert muhler is investigating whether the trump campaign worked with russian operatives to

as it seeks to ensure can fill the funding gap left when its beta program ends in august twenty team. within the scene the greek economy. is i hear it now. greece is now a. on it so reform and fiscal commitments. and i was started. to. return to. and we'll talk. greece lost it bonds in twenty fourteen. but it's been broadly shot out from the markets since the start of its financial crisis and twenty ten. the staff right since then it's received three international bailouts. in return for wide ranging reforms of its economy. the recently things have been looking up for athens. the annual budget position is much improved. and economists say the country is close to returning to sustainable growth. greece's debt to gdp ratio still stands at a hundred and eighty percent. but last week the ratings agency s. and p. raised its assessment for its credit worthiness. from stable to positive. chicken on the day's trading action now the major european indices closed up london's footsie one hundred leading with gains of about three quarters of one percent. financial and banking sectors boost trade

the key groups that have existed have shrunk since the beta the movement since 2009 and 2010. they are mainly focused on having these meetings with top republicans saying pass it. when they had a concrete goal it was something that didn't have purchase especially in the republican caucus. it was some and start over, which is easy for them to say, does run the 2018 election on the failure of obamacare. it's tough for them to say sorry you lost insurance but we need to fix is after the next election. susan: a big week for john mccain. what were your looks at how he performed? alan: this whole drama. the speech he gave earlier in the week when he came back dramatically was quite poignant and a think people were surprised when he cast his vote for the motion to proceed, which seems to contradict the sentiment he was giving their. then it's the regular order and bipartisanship. but then at the final moment last night casting the vote to essentially kill the reform effort was quite striking. i think it surprised a lot of people and support his claim as a maverick from years past. an

come forward and i'm putting charging points beta workplaces will need to see that business is booming and vest off. supermarkets anyone's going to public call park available. all cities are plagued by pollution with diesel engines one of the main culprits. electric because a quieter and cleaner getting cheaper with the pets a range. but it'll still be some years before the internal combustion engine drives off for good. richard wescott bbc news. well the future of driving is electric if you can figure out how to challenge your car of course. now they are the most adorable ambassadors in the world that would be pandas. they've been a tool of chinese diplomacy ever since president nixon was given a parent giant pandas off to his nineteen seventy two goodwill trip to china. and that gemini host of this week's g. twenty summit is on the receiving end of panda diplomacy. johnny diamond has more. nnova may look friendly but don't get too close. china's loan of zhaoqing. darling and mong among sweet dream comes from the global superpower with a price. needs worth paying attention when german

pakistan after the september 11th attacks and a series of raids in march of 2002, we caught -- i was a beta dozens of other al qaeda fighters. so, we believed at the time was the number three in the organization in al qaeda. that turned out to not be true, but he was still a very bad man and certainly a wanted terrorist. i returned to cia headquarters in may of 2002 and was asked if i wanted to be certified in the use of enhancement interrogation techniques. i'd never heard that term before and i asked what it meant and the cia officer who had asked me, very excitingly said, we're going to start getting rough with these guys and i said, what's that supposed to mean? he described to me these ten techniques and i said, i don't know, man, that sounds like a torture program but let me think about it. i went up to the executive floor of the cia. there was a very, very senior cia officer up there from whom i worked in the middle east a decade earlier and i said, they asked if i wanted to be train in this. he said, let's call it what it is, it's a torture program, they can use whatever euphemism t