i've asked you year after year -- -gary: so was the bmw. -sue: [bleep] the bmw, okay?ary: blah, blah, blah. sue: [bleep] sick of it. lemonis: hey, guys. what are we talking about? gary: well, she wants to keep her bmw, so i should sell my boat. lemonis: i didn't know you had a boat. gary: yeah. lemonis: so, you didn't want me to see it? if your business is in trouble and you need my help, log on to... lemonis: i didn't know you had a boat. gary: yeah. lemonis: so, you didn't want me to see it? gary: yeah, it wouldn't send a good message. lemonis: to who? gary: to anyone and everyone and you. lemonis: everybody else knows you have a boat, so that feels a little funky to me that you didn't feel like you could just be honest with me about it. the fact that i'm hearing that gary has a boat is outrageous information, and i'm not gonna lie to you -- it pissed me off. the fact is that he didn't want me to see it, and that bothers me more than the fact that he has the boat. gary: the boat got swamped in a hurricane, and it got bought out by the insurance. i got a $70,000 check

airbus and bmw have long harboured concerns over brexit.nths to go before we leave the eu, those concerns have turned to alarm. simon jack, bbc news. the row in america over immigrant children, separated from their parents at the border with mexico, shows little sign of abating. today donald trump accused democrats of making up what he called ‘phony‘ tales of suffering and said the us must maintain a ‘strong southern border‘. over 2,000 children have been removed from their families since mr trump's "zero tolerance" policy began in may. from el paso, on the border between texas and mexico, aleem maqbool reports. in a detention camp close to the mexican border, the us is holding children. we saw them being trooped between tents in single file. in many cases, they were separated from their parents by immigration officials. often their mothers and fathers, who themselves are in detention, have no idea where their children are. seven—year—old darwin from guatemala has finally been reunited with his mother, beata, after they were separated three

we heard from bmw, airbus.h 2019,er they have to start putting their chips on the table, because they can't put this kind of thing off? peter: all these manufacturing companies want some degree of certainty about what will be the terms of trade and the conditions on which we will be able to sustain our supply chains with rest of europe after 2019, but imarch don't think they are going to get that before march 2019. we have run out of time. it is too late to hammer out that agreement in time. that is why i think we should put the whole process on hold, give the british government time to reflect on what it really wants and what is in the country's genuine national interest and then with an agreed position of its own, we present that and negotiate properly with the eu 27. think thesay, i don't british government is likely to do that unless it faces some sort of public sanction if it continues to behave in the way it is. that means, in my view, that the british parliament should put in place a vote by the public o

but that has also been added -- an 8000 bmw brexit.has also been added —— an 8000 bmwjobs, and what all these companies are saying is something outrageous as they want clarity. they want to be able to plan, so it's one thing for politicians to go through all the different tests as we have witnessed and reported on a great deal in parliament. of course we know that bill is waiting —— awaiting assent oi'i bill is waiting —— awaiting assent on tuesday, but the fact of the matter is they do need to plan, and even small delays can cause real problems. sol even small delays can cause real problems. so i think his companies have been very slow in coming forward and putting their heads above the parapet, because they have been so extraordinarily criticised during the referendum campaign. so in the lead up, here we are two years later, months away from the 29th of march, 2019 at 11pm, where the united kingdom will be leaving the united kingdom will be leaving the club of 28 and reducing it to 27. let's go to the front page of the daily express,

bmw feeling the heat. bmw also lower.e will be all over this story throughout the next couple of hours. caroline: welcome back to bloomberg markets. opec and allies will increase oil out but, but by less than what markets anticipated. rally ins about the crude. quite a rally. you are seeing a positive reaction. the market anticipated more dissent. spreadu look at the wti narrowing dramatically, significant rally. i think it is a function of the fact we are seeing an increase of supply globally. i think the fact of the matter is you are seeing a dollar influence as well. you continue to see that spread narrow. low sevenclosed dollars. it looks like the trend is lower. julie: great to get your expertise. cme.ng us from the chicago we are going to be digging into autos after the break. . >> 11:00 a.m. in new york at 11:00 p.m. in hong kong. 30 minutes left in the trading day in europe. i am caroline hyde. vonnie: i am vonnie quinn from new york and this is the european close on bloomberg markets. caroline: here are the top s

that is what is being threatened and that is why bmw is down.hrysler off significantly in terms of the italian board it is trading on. in the u.s., coming off of highs, concerns about what that means for the sector. vonnie: wti, a rally, up a most 4% over news of the deal. -- up almost 4% over news of the deal. 290 on the 10 year. -- 2.90 on the 10 year. dollar index has taken a pause. 94.71. movements in other currencies. markets.top as you can see, some european markets, canada with a recovery in equities. australian -- the renminbi -- u.s. dollar is weakening. look at this commodities picture, gold, which has been way off, up a little bit today. it is a friday. caroline: that it is. back to the big story, president trump renewing his threat to impose a 20% tariff on cars coming into the u.s. from the eu. benedict joins us. these are significant moves, particularly for the german automakers. what angela merkel has been worried about. >> you are right. it is just a threat at this point and we do not know whether he will follow through. the esca

they send the mercedes, they send bmws, they send everything. i want to be able to sell cars in there leak they sell cars in here and it's all going to work out. >> i don't know if you notice, but they're looking at each other going does he know bmw revolutionalized everything up and down i-85, everything in greenville, south carolina. just like we talked about for years, bob reilly, it's so nice to see so many protests about tuscaloosa getting all of their mercedes. i think in tuscaloosa, we're doing two or throw classes of mercedes now. >> and atlanta. >> and in atlanta. like the south, the deep south, you know. i just wonder, is donald trump like one of those rock stars that's actually in portland and he screams at the end of the concert, "thank you, cleveland" because he was in the heart, he was in the heart of bmw country where free and open trade started by carroll campbell in south carolina, revolutionized the state. >> i wasn't just in brussels, joe, last week, and i heard an earful from germans and ores talking in part about what you're

mark: how important is the for the likes of bmw?industry powers about 10% of the economy here. we had a quote today by the head of the society for motor manufacturers and trade saying, if brexit goes wrong, it is death by 1000 cuts. how do people see it where you are? obviously, on these kinds of comments in the u.k. itself where the industry employs a lot of people directly and indirectly, specifically for aw, the business had about turnover of 2.4 billion pounds last year and the yearore. they have plans to make the many, make engines -- the meanie -- mini, make engines. mark: thank you for joining us. our european autos headed are in chief. vonnie: a former titan in the business, a slimmed down ge getting the thumbs-up from investors. >> they got the biggest intraday stock move in three years for ge. this is because the coo has come out with new plans to narrow ge's focus, to focus on power, renewable energy, and jet engines. they will spin off their medical business. take a look at the bloomberg. you can see here that oil and ga

air bus, honda, bmw, the cbi, the cuc, are those thousands of jobs disposable to her? >> prime minister! >> we have been consisting listen to businesses. business says they want an implementation period, we have negotiated that period so that there will be a smooth and orderly brexit. businesses say they want restrictionist trade as possible, so we're providing that trade with the european union. but alongside that, we will be developing a global britain looking out around the world, signing trade deals around the world, and if he thinks trade and business is so important, why didn't he support heathrow expansion? >> ian blackford! not for the first time with the prime minister. but it invest. >> mr. speaker, for the first time the prime minister has failed to answer the question. mr. speaker more than a year ago the scottish government presented a plan for the united kingdom to remain in the single market to give certainty to business. just this week, scotland's first minister took a trade delegation from scotland to berlin. every step of the way the scottish governme

airbus and bmw have long harboured concerns over brexit.o go before we leave the eu, those concerns have turned to alarm. simon jack, bbc news. let's speak to our deputy political editor, john pienaar. so stark warnings from both bmw and airbus, politically any impact? well, a dose of potentially harsh reality has suddenly been injected into a discussion which, to many people, has started to seem theoretical and even irrelevant. the link between brexit and the livelihoods of many thousands of people and their families, politics doesn't get more relevant than that. 0ne brexiteer today called this project fear on steroids, another called it bullying. but ministers like the chancellor and the business secretary have been hearing and sharing the worries of business leaders for months, and meantime, inside government, expectations of some breakthrough at next week's eu summit on the future relationship, customs relationship with the european union, those expectations have shrunk to nothing. expect that bad it can to be kicked further down the ro

airbus and bmw have long harboured concerns over brexit. have turned to alarm. simon jack, bbc news. football, and the world cup continues in russia. the group games are coming thick and fast, and there were great results for nigeria, switzerland, and those perennial favourites brazil. the bbc‘s tim allman has been watching all the action. there's leaving it late — and then there's leaving it late. these brazil fans were celebrating after a vital win at this world cup. but they know just how lucky they were. yes, we are so happy. at the end of the game we scored. and that's awesome. that's the best thing, the best feeling ever. oh my gosh! he saved us so many times. it's got to be our day. and then what happened happened. and what happened was this. brazil, looking to overcome fierce costa rican resistance, thought they got a penalty, but then those magic letters, var, popped up again. and the referee changed his mind. it seems like we were heading to a 0—0 draw. but come injury time, philippe coutinho managed to poke home and nod down from

airbus and bmw have long harboured concerns over brexit.ncerns have turned to alarm. simon jack, bbc news. stay with us. still to come, we will be hearing from sir david attenborough, as the bbc launches a new initiative to track the impact of past it pollution on the world's oceans. “— of past it pollution on the world's oceans. —— plastic pollution. members of the neo—nazi resistance movement stormed the world trade center armed with pistols and shotguns. we believe that, according to international law, that we have a rightful claim on certain parts of this country as ourland. i take pride in the words "ich bin ein berliner". chapman, prison—pale and slightly chubby, said not a single word in open court. it was left to his lawyer to explain his decision to plead guilty to murdering john lennon. he believes that on 8june, god told him to plead guilty, and that was the end of it. the medical research council have now advised the government that the great increase in lung cancer is due mainly to smoking tobacco. it was closing time for check

airbus and bmw have long harboured concerns over brexit.ine months to go before we leave the eu, those concerns have turned to alarm. simon jack, bbc news. joining me now from our studio in brighton is professor steven maguire from the university of sussex, and member of the university's uk trade policy observatory, which offers independent trade advice to assist the uk government. thank you forjoining us. these comments from airbus and bmw, is this something you saw coming? i think it has been known for a while that businesses were extremely concerned about the course of the brexit negotiations. both companies, certainly airbus, has been extremely forthcoming, in terms of providing evidence to parliamentary committees, looking at the impact of brexit. i think they have signalled for quite some time their concerns. i think they are raising the level now because we are getting very near the time when decisions have to be made. i'm sorry, i'm having trouble hearing you. i say it does feel like businesses have been fairly quiet up until now? i

airbus and bmw have long harboured concerns over brexit.o before we leave the eu, those concerns have turned to alarm. simon jack, bbc news. away from immigration, and president trump has threatened to impose import duties of twenty per cent on european cars. the president made the comment after the eu imposed tariffs on some american goods, a move that was itself a response to us tariffs on steel. shares in the carmakers bmw, porsche and volkswagen all fell on the news. nick bryant is in washington. it is not just it is notjust the transatlantic trade war with europe but with china and canada. mexico. india took retaliatory measures. japan and turkey is preparing to do the same. this is broadening and widening. many donald trump supporters, especially those in the old industrial state of the rustbelt love the rhetoric of the trade war but will they like the reality? the european union has been specific about which goods it will target. targets like hali davidson, and they are made in the rustbelt states. they are trying to damage donald tr

you see high-end sedans from mercedes and bmw. some vw models but they are down in chattanooga and in mexico. this would have an impact on the high-end. perhaps not kidding his base -- hitting his base. you have a commerce department investigation going on, the same one used to justify the steel and aluminum tariffs. the suggestion at this point is that there is no look into narrowing which country we would limit the investigation to in terms of which auto imports are posing a risk to the u.s. goes thenvestigation way the steel and aluminum investigation went, where everybody is subject to tariffs, that would hit trump's base where you would see widespread increasing prices and challenging the detroit automakers that make a substantial number of vehicles all over the place, mexico, canada. ford is bringing vehicles from india and has plans to bring them from china. they: is the reason president says he is doing this is because he wants more automakers to build in the united states, but i was surprised to hear that bmw is the u.s.

airbus and bmw have long harboured concerns over brexit.e months to go before we leave the eu, those concerns have turned to alarm. simon jack, bbc news. and we'll find out how this story — and many others — are covered in tomorrow's front pages at the later time of10:50pm and 11:30pm, because of world cup coverage. this evening in the papers, our guestsjoining me tonight are jason beattie, head of politics at the daily mirror, and benedicte paviote, france 24's uk correspondent. a service of thanksgiving has taken place at westminster abbey to mark 70 years since hundreds of caribbean migrants disembarked from the ship, the empire windrush, to help rebuild post—war britain. the government continues to face criticism, after it emerged that some of the windrush generation and their descendants had wrongly faced deportation. adina campbell reports. gospel music. music from the kingdom gospel choir — a fitting tribute to mark 70 years since windrush migrants came over from the caribbean. more than 2000 guests were part of today's service at we

airbus and bmw have long harboured concerns over brexit.arm. "a storm in a teacup." that's what boris becker has called a new row over whether his diplomatic passport for the central african republic is genuine. the tennis star, declared bankrupt last year, is being pursued in the high court in london. his lawyers are claiming he has immunity from proceedings because of his diplomatic status. but now the republic's foreign minister says the passport is a fake. james robbins reports. that's it! he's done it! astonishing scenes 33 summers ago. at 17, boris becker became the youngest wimbledon champion ever. here is a man who has made a fairy story come true. that year, 1985, boris becker made his first million. but fast forward to last year and he was declared bankrupt. then in april this year the tennis star was photographed with the president of the central african republic. boris becker announced his appointment as a diplomat, the country's sport and cultural attache to the eu. his lawyers claim that his new diplomatic passport gives immun

airbus and bmw have long harboured concerns over brexit.efore we leave the eu, those concerns have turned to alarm. simon jack, bbc news. 0ur deputy political editor john pienaar is at westminster for us this evening. politically, what impact will these warnings have? a dose of potentially harsh reality has been injected into eddie bate that has seemed irrelevant to many people. brexiteers are calling it project fear or even bullying. but the chancellor has been sharing the alarm of business leaders for months and inside government, many are writing off the idea of any substantial progress at next week's eu summit. brexit ministers are saying it will be ok, the eu will play hardball saying it will be ok, the eu will play hard ball until the end saying it will be ok, the eu will play hardball until the end and then compromise. you can call the optimism desperation, depending where stand. this drama brexit has been slow, but it is about to liven up. not in a good way with one cliffhanger after another per head. john, thank you. president trum

bmw makes a lot of cars in spartanburg. new site down the road from bmw yesterday.is built on this premise of free trade, open borders. this is the question that is now being asked. builde have to everything, everywhere, to keep manufacturing local? matt: you typically mentioned free trade is the way of the car industry. charged on0% tariffs u.s. cars sold in europe. will we see daimler push to get that changed at the european union level? because it is the european union, you can't have a single country rolule. there will have to be some initiatives. we know the u.s. ambassador to shuffling playing, back and forth, trying to sort this out. german carmakers have said they would not mind seeing the terrorist import help, but this has to be a european initiative. there are talks going on, but nothing concrete at this point. guy: are managing editor for global business, and it it, thank you very much. you can interact with the charts using gtb go. catch up on the analysis that goes with them. up next, the battle of the charts. this is bloomberg. ♪ matt: welcome back to

fault in a bmw car caused the death of a pensioner.mw recalled more than 300,000 vehicles. an inquest in surrey heard the car maker knew of 19 previous cases of electrical faults. the driving agency knew about the risk and admitted its procedures forforcing bmw to recall cars were not ‘robust‘ enough. the queen has had surgery on her eye to remove a cataract. a spokesperson from buckingham palace said the short, planned procedure last month was a success. our royal correspondent nicholas witchell is at buckingham palace. this was kept quiet by the palace until today... the palace i think would regard this asa the palace i think would regard this as a comparatively routine procedure and certainly in medical terms it is one of the most commonplace operations. it was described by the palace as a small, planned procedure. the queen went into hospital about one month ago as the day patient, have the procedure, evidently successfully. no engagements cancelled. the only visible sign has been that she was seen wearing a dark glasses. she will

. >> they send mercedes and bmw and everything. we tax them practically nothing and we can't send our cars and if we do they charge many, many times the tax that we stupidly don't charge. >> president trump last night in south carolina criticizing the european union for sending bmws to the u.s. fact check, bmw is the source of a whole lot of jobs in south carolina. take a look. they employ 10,000 people in that state and that number is expect expected to rise, 11,000 by 2021. it's also one of south carolina's largest employers. the company invested at least $50 million in it's spartanburg county plant over the last year alone making progress on a promise t invest between 2017 and 2021. sparking real fears of an all out trade wars but the president is defending them this morning while also blasting harry davidson after that company announced its going to send production overseas to respond to the tariffs. bmw declined to comment on the impact of the tariffs this week. but a 25% tariff on imported auto parts would be a certain low to

the japanese bikes and the bmw, they didn't leak a drop of oil.hey were brilliantly engineered machines, the same was true in the american automobile market in the 1980s, american cars were mostly junk then and japanese cars and german cars were much higher quality. here's how the ceo of harley davidson described that period in harley's history when it was on its way out of business. for years we tried to figure out why the japanese were beating us so badly, first we thought it was their culture, then we thought it was automation, then we thought it was dumping. finally we realized the problem was us not them. so harley designers and engineers actually studied the japanese manufacturering model to figure out how to make a better motorcycle and they did. and by the late 1980s when harley davidson's finally stopped leaking oil, i bought my first harley davidson and then traded that in for another harley and have never looked back at foreign motorcycles. harley davidson is a strong company again making a great product not despite international compet

even though bmw, mercedes, and volkswagen all have u.s. plants that build cars and suvs sold in thenited states, european made models accounted for almost 7% of the vehicles americans bought last year. almost 1.15 million altogether. all of them coming in with a tari of just 2.5%. racheting that tariff up to 20%, adding thousands to the price oe models could kill sales. the threat comes just days after the swedish automaker volvo ened its first u.s. plant in south carolina. the ceo called for all countries to lower auto tariffs. >> we bel ve in freetrade. that's good for the consumer. i tnk the -- it could, of course, be at low level. i don't understand why we need it at all. >> the increased trade tensions are not stopping automakers like general motors from continuing other ease production in countries. in fact, the new chevy blazer will be built in mexico and imported to the u.s. gm's vehicle exports from mexico are up 39% this year with mmy of t winding up north of the border.ar a c indication automakers are not slowing down plans to b

david: that's right. .his is one of the hidden cost you think of daimler and bmw having clients in thestates and so does harley davidson. if they buy parts from the eu or any other market that will go directly into the cost of the bikes. harley davidson has said that they will not try to pass on the $2200 to their customers, but they are probably try to pass on pentecost for steel and aluminum on this tariffs. and doing the same thing for the parts in the engines come in a lot of parts and engines for the american-made bmw's adversities cars, suv's, a lot of them are made in europe. you look at the collateral damage in the trade war so far and you are looking at probably german-brent vehicles and deal is getting hurt and jobs being lost it harley davidson and the added costs to american-made german cars in the u.s.. could that hurt employment in south carolina and alabama because the mercedes and bmw's that americans built get more expensive? these are all collateral damage things we're looking at as a result of the trade war. caroline: david walsh breaking it all down for us, thank yo

yell mac i think what we have seen from airbus and bmw, saying they are 110w from airbus and bmw, sayingt they need for certainty. it is a signal that businesses are starting to find that this is an impossible situation that the government has put them into. it is really u nte na ble. government has put them into. it is really untenable. it harms everybody in the supply chain. the government arejust in the supply chain. the government are just not in the supply chain. the government arejust not doing in the supply chain. the government are just not doing anything about making themselves available to actually give it any certainty the businesses. after the brexit referendum, we were told thatjobs will be lost, banks will be moving out. none of that has happened. isn't this just out. none of that has happened. isn't thisjust more out. none of that has happened. isn't this just more of project see her? not at all. it takes something for business to step up and say these things. 50% of investment in carter manufacturing has been lost. we have to take this seriously. the labour party is the p

bmw says it will pull back on u.k.t if brexit prevents the free flow of goods to the european union. the german carmaker criticize the uncertainty criticized -- created by negotiations. it has clarified in the last hour it is not considering moving production out of britain. bmw's warning dollars airbus last week suggesting businesses are being more outspoken as they wait for a brexit deal. joining us is our global business managing editor. they interview the customs manager who said we believe if no deal. but ian robertson said we are not considering and the customs managers job is probably in jeopardy. why wouldn't they think about leaving, if the cost they will face will increase so much? >> there was a statement after the interview saying we are looking at this. it was carefully worded. forcefulms manager was and said we are pulling the plug if this continues, we are out here they said not so fast and ian robertson said we do not want to pull out. they are trying to say this will not happen overnight. if we do leav

caused by a broken down bmw.eath of narayan gurung, a former gurka, bmw recalled more than 300,000 vehicles. an inquest in surrey heard the car maker knew of 19 previous incidents. the driving agency knew about them too but admitted its procedures forforcing bmw to recall cars were not "robust" enough. eight people have been arrested on suspicion of laundering millions of pounds through high street banks in and around the city of london. police say the suspects, who are all chinese citizens, are part of an organised crime network. £600,000 in cash has been seized. technology giants like facebook and twitter are failing to tackle online homophobia, according to elton john. speaking to newsnight‘s kirsty wark before he gave this year's diana princess of wales lecture on hiv he said social media was the "engine of future change" but he called for a boycott of those sites that do nothing to combat hate speech online. you talk about tech giants in the fa ct you talk about tech giants in the fact that they have a publi

tesla, bmw and many others are racing to develop fully self—driving cars.cellan—jones, bbc news, upper heyford, in 0xfordshire. much more coming up from 2pm. but have a look at the weather prospect before all that, though. the latest details come from matt taylor. good afternoon. it is cooler and cloudier compared with the past few days, but pleasa nt compared with the past few days, but pleasant enough where the sun is breaking through the cloud. this is the scene in hampshirejust breaking through the cloud. this is the scene in hampshire just a short while ago, and across parts of south west england into wales we have temperatures climbing into the low to mid 20s. for most of the uk, it is dry once again. for some of you, that will change drastically in just over 24 hours' time. this bolt of cloud is being fired up i is strengthening jet stream coming towards us as a substantial low pressure system. for the time being, high pressure. showers in the south and west through the afternoon, an outside chance, but most will be dry. in the sunny spots, temperatu

caused by a broken down bmw.ctrical fault. following the death of narayan gurung, a former gurka, bmw recalled more than 300,000 vehicles. an inquest in surrey heard the car maker knew of 19 previous incidents. the driving agency knew about them too but admitted its procedures forforcing bmw to recall cars were not "robust" enough. eight people have been arrested on suspicion of laundering millions of pounds through high street banks in and around the city of london. police say the suspects, who are all chinese citizens, are part of an organised crime network. £600,000 in cash has been seized. the first minister of scotland nicola sturgeon has said she hopes to open a new chapter on independence at the party's conference in aberdeen this weekend. but says she is still not ready to set a date for a second referendum. our scotland editor sarah smith reports. what do we want? independence! when do we want it? now! the message was loud and clear, as thousands marched through dumfries last week. at the snp conference

bmw is in a bit of a holding pattern.had good product momentum, but i want to see that coming through. daimler is at the peak of its mercedes product range. a truck line is holding up knife -- nicely. , volkswagen, then daimler, them bmw. mark: is bmw over the reputational damage? does dime take a reputational damage hit from this and what lessons can be discerned from vw? ardt: vw is beyond the big reputational -- they are selling record numbers, so consumers trust all of the vw brands. temporarily, daimler is in the naughty corner, but the market will get over that. consumers are very loyal to their brands. the quality of mercedes cars is unquestionably good. matt: i want to ask quickly about the specter of protectionism, of trade concerns. about donaldhink trump's trade tensions, especially after the last g7 meeting? look, he continues to threaten, especially german oems with significant tariffs. tariffsalk up to 25% shipping cars into the u.s. twogermans are shipping point 5%. if anything comes close to 25%, they woul

and you are primarily talking about bmw, mercedes-benz. you have some from the big three, as well. and tesla which is alsong sen its vehicles built in california over to china which is the largest and fastest growingel tric vehicle market in the world. >> china said it would lower auto import tariffs. with a trade w in the air could that be under reconsideration? >> it'ser already u reconsideration for certain vehicles. when the trump administratio said we got about $200 billion in new tariffs that we are going to implement immediately and this was about a week ago china responded and said we are going to get certain agricultural products, other products from the united states and certainid hy electric vehicles which means certain tesla models that are ordered from chinese customers now will be slapped with a 35% t as opposed to a 10% tariff. that is the concern of the auto industry that some of the bmws ina can say let's move back to 25% or let's move it higher. nd >> boeing also has a plant in atcharleston. ould be the impact of a trade war there? >> boeing's biggest customer is

video captures the bmw crashing into a house near half moon bay...and the driver quickly takes off.'s gabe slate talked to the the homeowner who woke up to alerts from their home web camera system.... nats - noise just after 8 pm on june 7th the chp says a black bmw m coupe was was driving recklessly on magellan avenue in miramar, which is just north of half moon bay. the driver lost control of the vehicle and slammed into david hodge's house. sound from david hodge - car ran into home "i think the most chilling part is the guy just drove off without wondering if he killed anybody " david hodge is currently in sweedan, where he has been since before the crash his web security camera system alerted him of the crash, he logged into his account and watched the video. thankfully no one was hurt but david said it's a highly trafficked area. and he his hated by the thought that his kid could have been run over had they been home. sound from david hodge - car ran into home"i mean what was this guy thinking the street is full of pedestrians and bikers and i have a daughter " in san francisc

. >> reporter: she was searching the streets for the blue bmw that hit mckenna and she said that night she found it in a neighbor's driveway, scraped and damaged. >> paint and blood was on the car. >> reporter: oakland police towed the car and tested it for dna but for three years, there were no arrests and she her next to nothing from investigators until we started asking questions. >> why has it taken three years to arrest someone when she says she knows that the car that hit her belongs to her neighbor? >> three years is a very long time. this case is still an open and active case. >> reporter: less than 24 hours after our interview, oakland police told us they arrested a person of interest. he was later released for lack of evidence while dna tests are pending. >> this is one of the easiest cases in oakland right now. you know who did it. you know where he stays. we have evidence that his car touched my car. >> reporter: without dna testing, the evidence is not enough. >> her concern is that opd dropped the ball in the case. >> we hear the concerns. we want this person off of the s

shares of daimler, bmw, volkswagen are lower daimler lower by 4%. bmw by 3, and volkswagen down almost 2 % >> big moves in europe as we expect that policy decision from the bank of england. stocks in europe mixed right now. >> it goes to show you, we knew that autos would be a key battleground when it comes to trade tensions china, the u.s., europe, it doesn't matter now because it's a european automaker, just because they make the cars in south carolina, alabama, it will be an issue >> absolutely. >>> look at some other corporate stories. watching good rx, which is in talks to be bought several people saying a deal could fetch up to $3 billion it's not clear who would buy the company, but mckesson was possibly taking a look good rx did not return our request for comment. you can read more about this on cnbc.com. >>> we have analyst reaction pouring in after disney upped its bid for most of 21st century fox. that new offer tops a current bid from comcast, but media analyst rich greenfield doesn't expect comcast to back down. here's what he told the

bmw airbus, the cbi. the society of manufacturers. the speaker. unless companies are there. we have the inconsistency in this business threat negotiation so far. they want to give us priority. here in the uk which is just that. they wanted the implementation. we have negotiated that so that there will be a smooth and orderly brexit. they want the trade as soon as possible. if he thinks trade and business is so important. why did he not supported himself. mister speaker. not for the first time with the prime minister. but it invest. by the government of the future. mister speaker more than a year ago the scottish government government presented a plan for the united kingdom. to give them the business. the trade delegation. the scottish government has been seeking to protect jobs. with the clock ticking though. mr. is a nothing. ecomic analysis on the jobs and the economy to stay in the single markets. and if not why not. we talked about investments into the united kingdom. at lester the united kingdom remained a preferred country for investment. in europe and the preferred co

some koorncorporate news bmw is not planning to move production out of the uk over brexit the german firm is committed to its factories, workforce and employees in britain the comments contradicts an interview in which bmw customs manager said the carmaker could force to close production plants after brexit bmw produces around 60% at the factory in oxford and currently employs 6300 workers across its three plants in the uk >>> elsewhere today uber will find out the fate of its london license as the uk court looks set to make its ruling on its operations and it is a big day for uber how likely are they to succeed at repealing the ban and have they implemented any changes since the discussion came up i believe it was last september? >> reporter: yesterday on the first day of the court case, uber was very accepting of the tfl decision from september in which they said uber was not fit and proper to operate, they accused uber of having a lack of corporate responsibility and raised concerns around public safety and security of its passengers as well to address that, uber has come out with

in fact bmw makes a whole bunch of them too.they go to china and china slap as tariff on them, that could be trouble. if the alabama plant where they make the mercedes and other suvss perhaps to the hit of $189 million. they celebrated their 3 millionth vehicle made at that plant in alabama. bmw makes more vehicles here and ships to china. germans do better job selling to china than we do, by the way. their spartanburg plant in south carolina is the largest bmw plant in the world. they made over 400,000 vehicles there, which 70% were exported overseas. many of those to china and employses 8,000 people. that is u.s. -- >> i think, do you think he washed away there? rain got better of him, he was washed down the street. we got the point. david: meanwhile breaking news, president trump tweeting moments ago, quote, a big supreme court win on internet sales tax. about time. big victory for fairness and for our country. great victory for consumers and retailers. melissa: i don't know about that. david: a lot of consumers will be not h

siemens and bmw clearly take a different view because they have all voiced their concerns in public.rs have to that. but it is a tricky time for the prime minister because she is heading into the next round of negotiations at the next round of negotiations at the summit in brussels next week. crucial time. the whole process has been fraught with difficulties, fraught with debate. as you say, the prime minister heading back to brussels at a very key time now. we have seen an example of the pressure she is under not only from businesses on one side, saying we need close ties with the eu and detail as soon as possible on what that relationship will be, but also an open letter published today from 60 former cabinet ministers, mps and others, saying that the planning for ano others, saying that the planning for a no deal scenario, where we would revert to world trade organisation rules, should be speeded up. many would in fact be quite happy in that scenario. saying that to have real leverage in the talks, the government needs to treat that as a real and likely option, and they say that t

course we had the chief executive of the head of the ukfor chief executive of the head of the uk for bmwmaker nissan, both big car companies looking for clarity on that brexit deal. nissan employs 7,000 people in the uk, the british, the biggest british car plant is in sunderland. they export 80% of the 500,000 cars they make every year, the chief executive of nissan said he was still in the dark about that brexit deal. we are talking about tens of thousands ofjob, we are talking about tens of thousands of job, we we are talking about tens of thousands ofjob, we are talking about hundreds of millions of pounds of investment. that is what i am talking about. nothing really very blurry about it, we are talking about things that matter for people, that ensure the livelihood of people. that is why we take it very seriously and we don't want to take any decision in the dark and we don't want to make any decision that we may regret in the future. to be clear he wasn't saying that they were reducing investment in the uk, but they were holding off. very similar tone from bmw, also from airbus, i

bmw, airbus and the car parts maker unipart, they've all come out in the last week demanding clarity. and today they were joined byjohn lewis, which said, "we were simply not prepared for no deal." it's actually very difficult for a business like ours to prepare the something when you don't know what that something will be. you could spend a lot of money and find that that was all wasted because it was never... it never materialised. what i am clear about is what we need, and we need frictionless borders, we really do need frictionless borders, and the cost that will come in from not having that is very significant. in parliament, the prime ministerfaced questions. mr speaker, i'm asking the prime minister how many more firms are telling the prime minister in private what airbus and bmw are now saying very, very publicly? prime minister! we have... we have been meeting with business, we are listening to business. that's why we're very clear on our customs arrangement that we want to ensure not just that we deliver on our commitment in northern ireland but also as frictionless as poss

former gurkha — narayan gurung — died when his ford fiesta hit a tree, after he swerved to avoid a bmw lost more than eight stone in preparation. boxer tyson fury launches his comeback tomorrow, after an absence of over two and a half years and well publicised battles with drugs and depression. fury will be fighting the albanian sefer seferi and insists he's not nervous, but that it's been a "rollercoaster of a few yea rs". andy swiss reports. tyson fury! the weigh—in after the waiting. in manchester today, tyson fury, fighting fit once more after a lay—off in which his only battles had been outside the ring. from the highs of his 2015 world title, fury‘s life unravelled. drink, drugs and depression. his weight ballooned, his titles disappeared. after losing some eight stone, he says he's now back from very brink. there was moments there when i thought i'd never, ever box again. i had mental health problems, depression. i'd been heavy hitting the drink. almost got divorced. you know, i lost everything. i was as high as any man could go, i was as low as any man could go. but look at me

bmw, airbus and the car parts maker unipart, they've all come out in the last week demanding clarityey were joined byjohn lewis, which said, "we were simply not prepared for no deal." it's actually very difficult for a business like ours to prepare the something when you don't know what that something will be. you could spend a lot of money and find that that was all wasted because it was never... it never materialised. what i am clear about is what we need, and we need frictionless borders, we really do need frictionless borders, and the cost that will come in from not having that is very significant. in parliament, the prime ministerfaced questions. mr speaker, i'm asking the prime minister how many more firms are telling the prime minister in private what airbus and bmw are now saying very, very publicly? prime minister! we have... we have been meeting with business, we are listening to business. that's why we're very clear on our customs arrangement that we want to ensure not just that we deliver on our commitment in northern ireland but also as frictionless as possible, but also

they had bmw ship around 600 vehicles to china from the u.s..about $7 billion worth of goods. there may be other issues behind the announcement today. daimler shares are down by 4.3%. vonnie: in the u.s., i have picked out the more interesting assets to look at. they may not be moving today but the dollar index obviously has been ruling the ruse when it comes to emerging-market currencies. it is just a little bit off today. 3583 is your 210 curve. maybe other parts of the curve are more interesting. crude oil is just down $.13. we're waiting to see what happens with opec. members of opec are already talking about the next opec meeting some not sure what kind of message that sends. goldman got stopped out today of its trade on the canadian dollar. goldman is still very constructive on the loonie. they eventually think it will go to $1.18. for now, the canadian dollar keeps weakening. global macro movers, you can pick any of the menu options. you look at the basket but we can't ignore individuals completely and the yen is a little stronger today a

the likes of airbus, bmw, siemens and nissan have all been warning of catastrophe for their businessesis a europe analyst at eurasia group. it is good to see you. i suppose they have another issue which is migration. they have averted a crisis, it seems, so not much to talk about brexit. one might have expected a raft of gasps and exasperation from brussels. you write this was to be a council about the future of getting brexit on the right footing and the eurozone and it has become a crisis council about migration mainly and it suits them that brexit is not as important this time. they were also warned by the prime minister that this wasn‘t exactly a time when she would be able to come up with the right deal and make the right concessions to get negotiations moving again, that will come later because mainly of what has happened in parliament and negotiations about the future trade policy for the uk. that is a deep breath to take and with lamp —— one saying, we need to move on with this. everybody is waiting in line for her. that is then perhaps worse but the tension has increased when

the i reports on comments from the boss of bmw who says uk investment is under threat unless there iseu withdrawal within months. and the ft suggests that members of eight of the uk's largest company "final salary" pension schemes are targets for rogue financial advisers. let's make a start. let's begin with the front page of the daily telegraph. councils should evict families of criminals. where is this coming from? victoria atkins, a home 0ffice minister, who is worried about knife crime and gang violence. i think the answer is, well, one of the answers is that possibly councils should use powers that come into existence —— that have come into existence —— that have come into existence —— that have come into existence since the london riots of 2011 to evict people from their social housing. i am slightly uncomfortable with this. i can see where they are coming from, if you have antisocial neighbours it is a blight on the community and it causes disruption for those other people having to leave their mark. my people having to leave their mark. my worry is that why would you punish a

do the chinese consider a bmw made in spartanburg an american car?they consider it american made, absolutely yes. they don't consider it an american car they call it a german automobile because it's a german brand but it's american made and they know that it's american made. >> so it would be subject to a tariff >> oh, yes it is subject to a tariff. >> put on american manufactured cars >> correct which is -- >> which of the u.s. -- >> stay with me here, tyler. >> go ahead. >> i was going to say, it was 25% -- for years , it's been 25. now it's going to be dropped down to 10% but the concern is that the chinese government has said, we're going to retaliate and where do we retaliate? with the vehicles that you build in the u.s. and send over here that's why teslas are going to be subject to a higher tariff unless things change >> which of the troo taditional three auto makers exports the most to china or builds the most in china >> reporter: oh, well, building the most is general motors, and in terms of exports to china, it's a relatively small amount

remember when you go to bmw plant in star tan burg, south carolina all say that build are suvs.news for these guys is that china lowered the tariff for vehicles built in the u.s. and september to china down to 10%. remember, kelly, there were retaliatory tariffs they announced for certain hybrid vehicles, bumping them up another 25%. that itself concern when it comes to the auto trade. could those tariffs, once again, be ratcheted up? >> that's what seven wondering phil, thank you in sunny charleston, south carolina a sell-off on wall street today. we will get a check on the after hours movers right after this. you're gonna do great! thanks, dad! break a leg! aflac?! not that kind of break. oooh! that had to hurt. aflac?! not that kind of hurt. yeah, aflac paid us cash in just one day to help with our car payments and mortgage. aflac! perfect timing! see how aflac helps cover everyday expenses at aflac.com. with the new chase ink business unlimited card i get unlimited 1.5% cash back. it's so simple, i don't even have to think about it. so i think about the details. fine, i obse