porsche, audi, as well as bmw and daimler. as legitimate discussions about technal specifications turned into market coordination that left consumers with fewer choices. >> they colluded illegally to restrict competition in the area of emissions cleaning technology for diesel cars. this is the first time that the commission finds that corporation on technical elements as opposed to price fixing or market sharing, for that matter, and that's -- behavior. >> bmw and volkswagen agreed to pay the fines. daimler escaped fines because they shared this with the eu. just as it tries moving forward towards an electric, greener future. the recent emissions scandals loom large, with litigation and critical cases still ongoing. worse than any fine is the added damage to reputation. brent: some sports news. in tennis, top women seed ashleigh barty is on her way to the wimbledon final after knocking out angelique kerber. she is one win away from emulating her idol. >> >> >> this is uncharted territory for ashleigh barty. she's never made it

bmw really had the jump on these guys from the get-go. putting out the i8 and i3 almost a decade ago, and they didn't really follow up on that. we have with us one of the guys responsible for the i8, used to be at bmw, and now is running faraday future. faraday began trading on the nasdaq today. carsten breitfeld, the ceo, joins us now to discuss. needless to say, i'm interested in this subject. what does this change now? you have this deal behind you, you need more money because cash burn in this industry is big. how soon before we can see the ff91 on the streets? carsten: this is a great day for us, i'm excited to be here at the nasdaq right now in new york city. we passed our first big milestone, we became public today. the next big milestone is, within 12 months, we are going to deliver the ff91 out of our california plant. amber: talk about the market you are going after. i mentioned tesla but in terms of price point, the style of driver, i don't think that is the market you are going after. you are going for the much higher end, the

bmw comes to mind.out the idea they saw there was a little bit of an issue in their supply chain where their first-tier suppliers have not ordered enough chips and they said you guys should probably order more. that helped a company like bmw avoid this longer than some of the other companies. we are in a position now where the supply is so tight and everybody is affected, including bmw. the company like volvo cars, a 40 1% increase in vehicle sales. it is a little bit frustrated at this point. if they were able to build more cars that number would be better. alix: they see the demand, they just cannot meet it. it is interesting when you talk with chip people whether they see the chip shortage persisting. they might see it hitting a bottom. when does it translate into a volvo selling a new car? craig: one of the things that will be interesting is the auto industry does use a lot of older technology chips. there's is not a lot of incentive for a lot of the chip companies to add capacity for those. there i

the you anti trust body says diamond bmw w and folks are denied consumers the chance to buy less polluting cars. dimer scape being fine because it revealed the cartel to the european commission, will have a more details in upcoming bulletins. south africa, the former president, jacob's human, has spent his 1st night in prison after ending a stand off with police and giving himself up over nights whom i had threatened to evade capture. since he was sentenced last week for failing to appear before a corruption inquiry. it's the 1st time the former president has been jailed in south africa. those emer previously serve time as a freedom fighter during the struggle against apartheid. cutting it close to a midnight deadline. the convoy of vehicles carried former south african president, jacob xena on his way to hand himself over to authorities. the 79 year old is now in custody in his home province, beginning his 15 month sentence for contempt of court. on sunday is in a stress he wasn't afraid of jail time referencing his previous incarceration for his role in fighting south africa's racist apa

song "rapstar" from his new album "hall of fame," here is polo g [ cheers and applause ♪ ♪ copped a bmwi'm in it i bet she gon' get loud ♪ ♪ when i'm in i and we might hav i won't love a after we ♪ ♪ she can't get near me only i give a conversation to is siri my pants amiri ♪ ♪ yes, i'm winnin clearl i'm the chosen one seen my potential ♪ ♪ so they fear me lately i've been prayin' god, i wonde can you hear me ♪ ♪ thinkin' 'bout the old me i swear i miss you dearl stay down 'til you come up i've been stickin' ♪ ♪ to that theor every day a battle i'm exhausted an i'm weary ♪ ♪ make sure i smile in public when alone my eyes tear i fought through it all ♪ ♪ but hurt me severel ve been gettin' high to hide behind my insecurities ♪ ♪ takin' different pill but i know it ain't gon' copped a bmw, new deposi i picked up another bag ♪ ♪ like i'ma count while i'm in i i hear planes flyin' crowds screamin' ♪ ♪ money counter i guess that's how i sound when you winnin' ♪ ♪ i ain't jokin do it soun like i'm kiddin' i've been makin' like ♪ ♪ twohousand a minute so high up through the clouds i was swimmi

. >> 5.24 and bmw is introducing an electric scooter and also there's something new. a tiktok rich demuro takes a look at this morning's tech smart. >> here's what's happening in the tech world. tiktok is testing a new feature that lets users apply for jobs using a video resume. >> but power appears officers by talking. the perfect talk resume the pilot program, lets users in the u.s. tag their videos with the hashtag tick tock resumes to apply to various jobs. there are about 3 dozen companies participating, including target chipola abercrombie and great clips jobs range from internships to entry level positions. there are even some senior level positions available applications are due by july 31st. you can now video chat as some of your favorite characters from harry potter. facebook has a new harry potter and the cursed child augmented reality experience on their portal device you up to 3 friends can transform into characters from the play in various settings, including the hogwarts great hall. the ministry of magic or the edge of the forbidden forest. you can even

. >> 8.25 right now and bmw. introducing an electric scooter plus there is something new with tiktok rich demuro explains in this morning's tech smart. >> here's what's happening in the tech world. tiktok is testing a new feature that lets users apply for jobs using a video resume. >> let's power appears officers by talking the perfect steak talk resume the pilot program, lets users in the u.s. tag their videos with the hashtag tick tock resumes to apply to various jobs. there are about 3 dozen companies participating, including target chipola abercrombie and great clips jobs range from internships to entry level positions. there are even some senior level positions available applications are due by july 31st. you can now video chat as some of your favorite characters from harry potter. facebook has a new harry potter and the cursed child augmented reality experience on their portal device you up to 3 friends can transform into characters from the play in various settings, including the hogwarts great hall. the m

a woman driving a white bmw started aggressively tailgating a green honda. that woman fired six shots into the honda wounding a man and woman inside. they were able to pull over a gas station and expected to be okay. chp does not appear to be a case of road rage because the victims say they don't believe they did anything to make her mad. >>> the bay area is sending crews right now to contain the dixie fire. that fire is grown to about 2200 acres, containment is still at zero. cal fire says it is burning away from populated areas so that's a little bit of promising news. it is heading into the remote plumas county. the dixie fire killed more than 80 people. many of them in the town of paradise. that was the deadliest fire in state's history. >>> hayward city leaders are digging into plans to restart the near by russell city energy center because of the explosion there in late may. the state mission was appalled at cal pine to begin operation there because there was an explosion. no one was hurt but the damage at the plant was extensive. the cause is still un

an employee of michelin, bmw has family in germany or france can't go back to see their family because of the laws that the biden administration has imposed. we have travel bans to our best allies with robust healthcare system. we have nothing in place regarding illegal immigrants coming from the most severe hotspots in the world with no healthcare. doesn't make any sense. what i'm trying to do is ask the biden administration to have an accounting for how they deal with the million coming across, how many are tested, how many are released in the united states. they're basically telling me to go to hell. i've written to dr. fauci. i asked him, what is your view of taking title 42 away from the border patrol. he said that's not my area. dr. fauci, you're the medical adviser to president about covid. the border patrol agents and their families are american heros. i've been to the border several times. it's chaos. i don't know how they go to work every day. they're american heros. the biden administration doesn't have their back. doesn't seem to matter that the border communities are expos

that included several ferraris, bmw's and ford race cars. >> i feel this tremendous pent- up demand. the pandemic, everyone's been working away in their garages and just the opportunity to get out here and show off their work. >> nice day for it. the car show included vintage sees candies vehicles dating back to the 1940s. i saw your ferrari out there. >> that was weird that it was out there. who took it? >> who took it? >> missing >>> breaking tonight as we come on the air, coronavirus cases soaring across the country. hospitals pushed to the brink. missouri and arkansas among states with the largest case increases. this hospital in arkansas now out of beds as hospital admissions in the state surge by 80%. and in missouri, some hospitals reporting more admissions than at any other time in the pandemic. >>> also breaking as we come on the air, coco gauff out of the olympics. the american tennis star testing positive for coronavirus. what we're learning. >>> chaos at nationals park in washington. sounds of gunfire during the game sending scores of terrified fans running for safety. so

. >> the victim pulled over nearby called 911, the top of the bmw was heavily damage which will costusands of dollars. his fingers were slightly burned and he's still having trouble hearing. he says. >> coming up on the north face biggest homeless encampments is being cleared out. what's being done the for the people who had to leave. also more trouble for tesla, a bay area company suing over the death of a young son and why the ftc says it is time to break up some big tech companies, although what if you could push a button and less carbon would be put into the air. if there were a button that would help you use less energy, breathe cleaner air, and even take on climate change... would you press it? >> the federal trade commission along with some members of congress is accusing big tech companies of behaving like monopolies and hurting consumers. yeah. we've been hearing a lot about this our washington correspondent alexandra limon joins us now live to discuss the steps the government is taking to try and break up some of the biggest tech companies, which of course they're based rig

he was hit by a bmw as he crossed the street. in the beverly grove. he was 26. >>> another court hearing is being held today in britney spears' battle to escape conservatorship. it comes after spears called out her family in a social media post. ♪ >> reporter: this morning, pop icon britney spears taking aim at her critics on social media. telling her more than 31 million instagram followers the conservatorship headed by her father has quote, killed my dreams and for those of you who choose to criticize my dancing videos, look, i'm not going to be performing any time soon. i have done that for the past 13 years. i'd much rather share videos from my living room. instead of on stage in las vegas. spears' latest post comes a day after she lashed out at those close to her, after they shared supportive posts online. saying they weren't there for her when she was drowning. she also slammed her sister. for performing her music back in 2017. writing, i don't like that my sister showed up at a show and performed my songs to remixes. my so-called support system

stole over $8,000 in merchandise, then on july. 2nd police say the same suspects tried to break into bmw market using the same method, but they were unsuccessful. police say the suspects also had a small dog with them. if you have information on these cases. you're asked to call redwood city police. >> all right. time for weather. check now that fog and low cloud cover burned away to the coastline today. but now starting to roll back on shore again and entering through the golden gate bridge and some of the mountain gaps are going to see more of that. you see how high the bases are out to flow. well into the valleys tonight and inland probably through the delta as well. we've got high pressure that has moved to the east that's allowing for this trough will begin to cover itself out along the west coast that will usher in probably the coolest day of the week for tomorrow with more fog and low clouds and a slower burn off the result. some cooler temperatures to be found around the bay area numbers outside right now. still a very pleasant 73 degrees and warm in fremont 70 about a lot of 75

inner-city flight for the plane, a major milestone for client vision which makes the air car powered by a bmwengine and has a fix propeller and flies at about 118 miles per hour. that's not bad. it can't be flown out of your driveway just yet. that's because the air car cannot take off or land vertically so it still needs a runway. unless you have a runway as a driveway. equal to fly and then drive the same hybrid on the freeway. it takes just over two minutes to transform from plane to car. that would be cool. go over all the traffic. >> i am so in that thing over the bay bridge. cool. i like it. james bond film. >> definitely. >>> with construction going on on the roadways and traffic, could take that. let's go right over it. it's not great flying rather right now. let me show you live picture from tahoe. this is absolutely gorgeous. you can see the rain coming down with the mountains. i want to show them on live doppler 7. heavy rain being reported with some storms along with hail, which dry lightning is a concern with the drought we will take any rain we can get. half moon bay to a mile.

investigators say george was hit by a bmw as he crossed a street in the beverly grove neighborhood. >>> another court hearing being held today in britney spears' battle. it comes after spears called out her family in an emotional social media post. christine sloan >> reporter: this morning pop eye con britney spears taking aim at her critics on social media, telling her more than 31 million instagram followers the conservatorship headed by her father has, quote, killed my dreams. and that for those of you who choose to criticize my dancing videos, look, i'm not going to be performing on any stages any time soon with my dad handling wi what i wear, say, do or think. i've done that for 13 years. i'd rather share videos from my living room instead of on stage in vegas. ♪ >> the latest post is a day after she lashed out to those closest to her after they shared supportive posts online. spears saying they weren't there for her when she was drowning. she slammed her sister, jamie lynn for performing her music back in 2017, writing i don't like that my sister showed up at an award show and

the you anti trust 40 says diamond bmw w, and the folks are group benign consumers, the chance to buy less polluting cars. a diamond gates being fine because they've revealed the costs out to the european commission of him on this story. i'm not joined by the w corresponding jack park in brussels. jack, why was it so important to you to hold these german carmakers to account? i well, this case is a by competition and their actions in competition. the european commissioner, who is this for competition, margaret of esther said that this is actually about the green deal about trying to make your it the 1st climate neutral concept by continent, 520502050. that's the aim. essentially. what these 5 call me because they're alleged to have done is to have sat down and had regular technical assess discussions to prevent special technology from reducing emissions in diesel cause there is a thing called ad blue. it is a liquid that goes into a tank in a car and it is put into the emissions as the car is driving forward. and it reduces the nitrous oxide emissions into the atmosphere. what the car

i call the bmw w plus metro walking to be in or know car is better than electric car. so even the electricity is coming from a core file to pop lens. so that's not a solution. so we have to be very clear there. we cannot only focus on production side, or we have to think about consumption side. for example, i will tell you one story, you k, for example, they say that we see from the data data reduce the emission 40 percent duty last 40 years, and the economy has grown a lot. but when your dish is based on the consumption of the production side, because british has a real ok to the, a lot of industrial sector or overseas. and they shifted to a service economy and receiving the good pleasure or report to most of their consumption from overseas. so when you calculate the consumption base is the c o 2 emission, it never changed their having the same, the enduring, the same level over time. you some particular, since 1990 and 2020, even during the 30 years there's no change is almost same level. but it's better than some other country because in some of the country that's g

i call the bmw w plus metro walking. the b m, or an old car is better than electric car. so even the electricity is coming from a cor fire to pump plants. so that's not a solution. so we have to be very clear that we cannot only focus on production side or to think about consumption slide. for example, i will tell you one story, u k. for example. they say that we see from the data data reduced to the emission 40 percent due to the last 2 years and the economy has grown a lot. but when you are dishes based on the consumption, the production side, because the british has a real ok. busy to them, a lot of industrial sector will overseas, and they shifted to a service economy and they're still receiving the good pleasure for do most of their consumption from overseas. so when you calculate the consumption base is the c o 2 emission, it never changed. they are having the same, enjoying the same level over time. particular since 1990 and 2020, even during the years, there's no change. it's almost same level, but it's better than some other country because some of the country ha

so in the course of our work, we spoke about 9 of the world's biggest companies, ranging from bmw w to forward to g. m to tell you and aluminum. it's really a blind spot for the car industry. it's been a lot of focus on other materials that you need to make electric vehicles like cobalt and lithium for electric batteries. very, it'll focus on the human rights impacts of aluminum. and we think that needs to change because the car industry has a huge amount of influence over mining companies and the facts and more broadly. and if the car industry starts to take the human rights, environmental impacts of aluminum seriously. so we'll mining company. there must be vast areas in the african countries. we're talking about guinea in our report there from our corresponding to cog where given climate change and global warming, the last thing we need is more tens of thousands of square kilometers of land being turned over and left as it is when the industry has finished or does the industry make the land good and return it to what it was before? yet it's an extremely difficult question because of

electric switch that really change the industry and you've got a number of electric vehicles here. bmw w has re i x, that's an s u v. so new they had to ship it here from munich. ford has the mustang mach e, that is a dual engine electric car. i took a test drive in it. very fast acceleration. they've got the ford f 150 pickup truck . so if you lift what used to be called the engine compartment is really just the storage space now and then a number of other cars being introduced. i don't want to geek out too much, but there's a lot of excitement about the future of electric cars. yeah, not enough time to count, but maybe we'll, we'll get the opportunity later on. thank you so much, sean henry voting for america's largest, longest running. sure, thank you john. let's get support now jim is here. thank you. mariam israeli football club. beta has cooled off a friendly with boss alina. after the spanish side refused to play the match in west teresa and israel considered the entire city of jerusalem as it undivided capsule for the palestinian seek, occupied east jerusalem of the capital of

this weekend on the w, me the german comp, because in the crosshairs, again, over a mission, you find bmw w n folks fucking around 875000000 euros, including for limit the protection of clean shares continue. this slide for chinese tech giant city reports congress once in sbc investigation, after paging crackdown on the following. as i b o in new york and sold the scrap metal, hundreds of kilometers of south africa's rail network disappear. try to track down the problem the best that's to business. the european commission has find german comic as folks fighting and b m. w for teaming up to keep emissions cleaning technology off the european market. dimer was also part of the scheme but tipped off the ad blue was one of the technology central to the inquiry. it's a fluid that reduces the polluting gases and diesel emissions. the says the companies colluded to restrict to the size and dosing of absolute tanks in their models. another finding that the group avoided introducing cleaner particle filters and petro car models. 5 companies fell under the investigation volkswagen and its subsidiar

we have an eight or nine day supply right now bmw right now and by the time we get to october, we willwill regenerate pre-owned inconvventory and that helps alleviate the pricing. it is an odd situation in my 25--year career where we have never seen this before wh wholesale prices are higher than retail prices. that is coming to an end relief is on the way businesses should be good between now and the end of the year prices will come down. they will settle from the beginning of july to now you will see more of that toward the end of the year. >> jeff, are customers who need to buy a vehicle right now at the mercy of inconvventoryinveny i went to a car dealership and l l looked for a specific kind of car. do people still have a choice or are they buying what they can? >> certainly the choices are limited with the supplies we have out across the brands the choices are limited. if you have to have a car right now, you have a lot of that going on both on the new car side and pre-owned side either way inconvventory levels on the pre-owned side are really good we are growing like wildfire we

the european union has imposed fines close to $1 billion on volkswagen and bmw. regulators say the two companies colluded to delay emissions technology. in soccer, england will play in the title match for the first time in 85 years. england a 2-1 win over denmark. the english returned to wimbley sunday to play italy for the championship. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. i am ritika gupta. this is bloomberg. ♪ >> inflation will be less temporary. it is true there is a supply shock, which is temporary. the real reality is demand has jumped because of expansive fiscal policy and pent-up demand because most americans are better off than they were before the pandemic and have been ever since. jonathan: that was rick mishkin. alongside tom keene i'm jonathan ferro with romaine bostick. lisa abramowicz will be back on monday. we are off the lows. we are down 55, -1.2%. we are down five or six basis points, off the lows on the 10 year yield. we did have a look

bmw, jaguar, land rover, for ari. -- ferarri.rent experience are you having with those brands in of the availability of vehicles? we heard jake from land rover talking about the fact they will be hit hard in the second half. what are the differences you are seeing? bill: i'm not going to point figures -- to point fingers at one manufacturer compared to the other. the premium luxury brand seems to be dealing with that to a better degree than some of the volume brands. the bread you called out are the german brands, the italian brands. while inventories are reduced slightly, a lot of those parts are custom-built anyway. we are being able to fill that demand. what we are seeing and hearing's second quarter and third quarter will be light. fourth quarter, first quarter of next year they will be able to fill the current orders and get back on regular footing. some of the bigger volume brands are probably having a greater effect on this. a lot of this goes right down -- it is all based on the individual supply chain and access to certa

the you anti trust body says dinah bmw w and the folks are group denied consumers the chance to buy less polluting cars a dime, lew escaping fine because it revealed the cartel to the european commission of him on this story, i'm not joined by the w. corresponded jack power in brussels. why was it so important to you to hold these german comic us to account? hi guy. well, this case is a by competition and their actions in competition. the european commissioner, who is this for competition, margaret vesta. so this is actually about the green deal about trying to make your, of the 1st climate neutral concept by continent, 520502050. that's the aim essentially. what these 5 come a kids are alleged to have done is to have sat down and had regular technical assess discussions to prevent special technology from reducing emissions in diesel cause. there is a thing called ad blue. it is a liquid that goes into a tank in a call and it is put into the emissions as the car is driving forward. and it reduces the nitrous oxide emissions into the atmosphere. what the car companies relates to have done

golf course. 210 classic cars were on display and that included several rolls royce models, ferraris, bmwseople showed up. >> i feel as this tremendous pent up demand, everybody is over the long, long winter of the pandemic everybody working away in their garages, a lot of focus and, yeah, just the opportunity to get out here and to show off their work. >> the some vintage see's candies vehicles dating back to the 1940s. >>> taking a look outside at that car show, gorgeous weather, very seasonable but dry. >> but dry and that dry weather has moved out because that monsoonal moisture has that risk of dry lightning. our red flag warning until 5 p.m. tomorrow for the threat of lightning and possibility of new fires. you can see the areas shaded in red with the highest risk. we'll go through the lightning strike risk factor. overnight there's little to none. we'll go into the early morning. this is about 10 a.m., 11 a.m., close to lunchtime, a low risk in parts of the bay area for lightning, but that's about it. we're talking about a three to four hour window early tomorrow morning for any lig

the eu has imposed fines totaling $1 billion on volkswagen and bmw.egulators say that two companies colluded to delay the rollout of emissions cleaning technology. daimler avoided a fine to be the first to tell the eu about the cartel. more than half of hospitality workers will not go back to their job and more than a third are considering not reentering the industry. the survey underscores the hiring challenges for restaurants, bars and hotels. global news 24 hours a day, on-air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. i am right ago grouped up. -- i am ritika gupta. this is bloomberg. ♪ ♪ >> i happen to believe that there will be a movement ahead in capex. we think there will be an infrastructure bill of some sort. where not privy to the negotiations in congress. we think there is a desperate need for spending on infrastructure, but there is also a need for private engagement in capex. jonathan: nice to catch up with abby joseph cohen. from new york city this morning, good morning.

>> my suspicion is what's going on is just jealousy with an assignment and bmw about what happen.who cares? >> sean: joe concha, our media expert. >> nbcsports.com, sports columnist so i've known or at least i don't know directly, but i followed rachel nichols work for some time. the problem here is made the mistake of apologizing and those who run espn which is now the worldwide leader no longer in sports, but saw it as a sign of weakness instead of simply forgiving her for these comments that again were caught on a hot mike and i don't think they were all that offensive in the first place in terms of what she was saying. now they had to make an example of rachel nichols who has not -- no controversy ever in her career. hopefully her career at espn will continue instead of another pointless cancellation. we see how this works now, not on the nba finals and before you know it won't be covering much at espn for what? because she was caught on tape saying that she was very much lamenting the fact that one woman was pitted against another and maybe it came down to race in terms of th

it's not just gm, though you have bmw, hyundai and ford not necessarily fires but the lithium ion batteriese one hand, though, did say they will invest roughly $35 billion just by 2025 to really focus on the electric vehicles they're going to create 5,000 new jobs so maybe this is something they can work out but it's not something we should get used to. >> that's one of the things i find frustrating when we decide ev is our goal and we will throw money at it, and the technology in many of these places is new, it needs to be worked out. that often takes time. you don't want to force the stuff down everybody's throat before it's ready. >> yeah, kristina and mike make good points. i'm in my basement and have wires everywhere here. and then mike makes a great point as well. a little bit of detail that's very unfortunate, the nfpa, estimated 200,000 vehicle fires in 2018. two batteries catching fire, as far as i understand, nobody injured. there's going to be a breaking in period with new technology. as a trader and investor i need to step back, divorce myself from this emotion and this is proba

and with the help of bmw, it is one of the first all-electric feeder trucks in the world. >> why isn'ttually, proposals in the biden administration around having each farm in the united states have a carbon-farm plan. >> reporter: unlike drillers and frackers, farmers don't need retraining to become allies in the climate fight. by growing a lot of different forms of life, instead of just one, big crop, carbon dioxide gets sucked from the sky and locked in the ground. but before we can pay a family to do this, you have to be able to measure how much greenhouse gas goes down and how much goes up. in europe, they're experimenting with methane-catching cow masks. tough to provide for over a billion cows. but one of the ideas strauss is most excited about would cut the amount of methane burping out of his herd, by feeding them seaweed. >> cows eat 45 pounds, per day. so, you feed one-to-three ounces of this material, of this red seaweed, and you can get 80 to 90% reduction in the methane production. >> reporter: one hitch. this red seaweed only grows in the pacific. but what if the rest of

traveling 35 minutes in the air, the prototype is made up of bmw engine equipped with a propeller allowing to flying sky high. flying cars are here, people. now i know what i want for christmas. it's an easy commute. a french astronaut whipping together a space crepe using strawberries and chocolate. looks delicious. not enough to get me up there. terrifying images from southeast arizona where the telegraph fire has consumed more than 180,000 acres in the national forest. residents in the area bracing for approaching floods. incoming rain is expected to help douse the flames, he could threaten a nearby city. we are going to continue to monitor that situation. let you know how folks are doing out west. finally, a missouri mother who took her toddler to an interview now going viral. her 1-year-old son milo looking sharp. look at him. he is adorable. he apparently did his own resume. this video highlighting the child care challenges some parents are facing. in case you were wondering, she did get the job offer and she plans to post updates on tiktok. love this mom, love this toddler and love

sara got a red bmw. >> such close friends. underwear together. >> come on? >> no, my first week, they're like look what we bought. they pulled it out and they were both wearing matching underwear. they were best friends. >> they were blowing through money so fast they fell behind in rent payments for the law office. got evicted. so, they moved the office into elisa and larry's home. which according to ginger, now seemed more like elisa and sarah's home. >> up in the room, they had no clothes of larry's. the claws it was screened. out they made the sinks hers and hers instead of his and hers. >> like they knew he wasn't coming back? >> well she said, they're pretty much moving him out. >> well, not quite. because all this time, remember, larry's body was still in the garage. still in the refrigerator. and as for the idea that sarah was an instant child, elisa's pop it, that was nonsense, said ginger. >> everybody knows that she was in terrified of her. sarah had as much say as elisa had in the whole situation. >> back at her tr

it is powered by bmw engine and has a fixed propeller and five -- flies at about 118 miles per hour. it takes just over two minutes to transform from a plane to a car. it cannot be flown out of your driveway just yet. the air car cannot take off or land vertically so you still do need access to >> that is cool. and is like okay now i am a car. >> transformers, more than meets the eye. >> they are taking over. >> i'm excited about this one. >> i'm just figuring out where i can land it. >> you can get it on the roof. >> you can barley drive there so where are you going to take off? >> it took me 30 minutes to get to the bay bridge yesterday. let's take a look at what is going on on 520. it is definitely looking cloudier and underneath that, there is plenty of drizzle. that will lead us to below average highs as the clouds eventually get back to the coast. overcast with areas of drizzle and this current pattern will stall all the way through the weekend. here's a look at your cloud forecast and you can see as we had towards the lunch hour, we will still have a lot of san francisco cover

police say she may be driving a 2001 blue bmw convertible with the license plate, which is on your screen. mz pick. she was wearing an orange jacket. black pants and an orange and black stripes car. if you see her, you are asked to call 911. the search for missing east bay man has entered its 4th day. 37 year-old philip kreycik went for a run at pleasanton ridge regional park on saturday and has not been seen since hundreds of volunteers have joined the effort by the alameda county sheriff's office to find him. >> they're using specialized maps. canine dogs, thermal imaging technology, but still no sign of the father of 2 authorities say they believe that there are 2 explanations for this. >> we've left with basically 2 probabilities. one is that we're not finding philip here in the drain and that he's incapacitated is not responsive. or he's not here. and so those are 2 probabilities that we feel that that when we look at all of the different. continued season and the assessment of the entire operation last 4 days we've come to 2 conclusions. >> some of the resources have been downsized

the companies are bmw and volkswagen, plus, vw's audi and porsche divisions. e.u. investigators say they kept improved pollution technology off the market. california lawyer michael avenatti, who once sued president trump, was sentenced today to 30 months in prison. he had tried to extort millions of dollars from nike. avenatti previously represented porn star stormy daniels in her legal fight with mr. trump. and, on wall street, stocks retreated after jobless claims rose slightly and investors turned to bonds over stocks. the dow jones industrial average lost nearly 260 points to close below 34,422. the nasdaq fell 105 points. the s&p 500 slipped 37. still to come on the newshour: how the surfside collapse raises concerns about future investments in other buildings. texas republicans continue their push for restrictive new voting laws. boomers respond to millennial complaints about the world they created. plus much more. >> woodruff: now, the staggering death toll from covid-19. more than four million people have died from the disease globally, according to an off

driving typically mercedes benz s-class, we're competing with the top table against mercedes, audi, bmw we start with the dream edition and a high end product, 1,000-horsepower, some versions over 500-mile range, but my passion is to drive that cost down as soon as possible, and the sooner we can get the pure edition, the pure air out late next year, then we can get that price point way down into the 70,000, and beyond that, we'll have other models mid-decade which bring the price into a much more affordable realm. liz: well yeah, because you have experience in doing that, having been the lead engineer of the model s, which is the least, sorry, model s is the fancy one. i just got a model y which is to me, affordable certainly moreso than my lexus hybrid, so you've got to tell me, how you plan to scale up, you have 11,000, as i understand it, 11,000 reservations. >> we do. liz: do you expect all 11,000 or at least the greater part of these to come through and actually take ownership of these cars? >> we'll see. i mean, people put serious money down up to $7,000 deposit in the case of th

we see mercedes, bmw, volkswagen doubling down their ev efforts seeing a massive shift in how peopleing forward. >> the other tech themes, robotic, cloud computing, fintech. >> they remain strong just not front and center people are focused on playing the biden administration because there's a lot of money coming out of the federal government looking for places to invest mostly that's in infrastructure. >> guys, thanks. there's much more with christian and jay coming up on etf edge at 1:00 eastern time including their pick for the next big thematic tech investment theme in the second half of the year esfedge.cnbc.com back to you, scott >>> up next, tesla gearing up to report earnings after the bill pete tells us what he is seeing in the options market. >>> plus, his latest trades in "unusual activity. we'll do it after this quick break. the world's first fully autonomous vehicle is almost at the finish line what a ride! i invested in invesco qqq a fund that invests in the innovators of the nasdaq-100 like you become an agent of innovation with invesco qqq go aflac!!! what the heck, t

we have the videos to prove it like this one showing a guy firing a gun at this blue bmw before settingn fire, and it's very scary. it's very, very scary is the lot next time you're gonna catch on fire. is my house going to catch on fire neighbors together has circulated a petition begging for the city to beef up enforcement aiming to stop what keeps going up. all i could do was pray to god to make it better for us. you know that we could have a decent neighborhood. the city says it's working with caltrans to clean up and clear out any abandoned or burned out cars and suvs. homeless administrator says housing is the biggest challenge facing the city as take several budgets. michael's to get a handle on all this. i'm brooks jarocz ktvu fox two news. the city of berkley opened up a new homeless shelter today, but it offers much more than just a place to sleep today. the city in partnership with the dorothy day house, open the horizon transitional village in southwest berkeley. the former warehouse can accommodate 50 people at a time in addition to a place to live, it will provide meals, w

the consumer will say, i'll go to ford and bmw to look at the offerings because i can still get thatw technology they have the income to do that. now, as you're getting to mass adoption, cost and price becomes very important for consumers as they're sit ting across their kitchen table, dow jing the mato what they can afford as a monthly payment. when you have a federal incentive available to automakers like ford, that is certainly going to make a difference to a consumer now, will that be addressed through the biden administration as they look to support the growth of electrification? maybe. i do think it's a factor but overall, as i mentioned earlier, i think the industry is going to continue to grow overall with electric vehicles as the new products come out to market, and as you've seen, literally over the last month or two, a number of major automakers said they're going to be going all lekelectric, wheth it is this decade, 2030 or 2035. it's where the products and consumers will ultimately be heading. >> do you think that, at least in the board rooms or top management, discussin

where i lived in london for many years the number of bmws and mercedes—benz is what you see in southbecome second nature for them. so they are not to change and south africa has to find a way of changing. let change and south africa has to find a way of changing-— a way of changing. let us see what ha ens. a way of changing. let us see what happens- thank— a way of changing. let us see what happens. thank you _ a way of changing. let us see what happens. thank you so _ a way of changing. let us see what happens. thank you so much - a way of changing. let us see what happens. thank you so much for i happens. thank you so much for joining us from joe harrisburg. political scientists and former president of south africa. lets turn to georgia. four independent television channels have suspended broadcasting for 24—hours, in protest at assaults on journalists covering a gay pride event. last monday hundreds of anti—lgbt protesters showed up to a planned gay pride parade in the capital tbilisi, many of them far—right extremists. it quickly turned violent. these pictures give you a sense of

san francisco-based risk iq detect security risks and works with the likes of facebook and bmw.ie "black widow" sets a record, taking in $80 million domestically, with an additional $78 million from overseas markets. disney said it made more than $60 million from fans paying to watch the films on disney plus, comes -- suggesting the common nation of theatrical releases and a streaming could produce revenue for studios. billionaire richard branson and virgin galactic have successfully completed a test flight to the edge of space. branson and five company employees experiencing a few minutes of weightlessness as the space plane vss unity reached peak altitude of 85 kilometers above earth. the journey kicked off a landmark month for space tourism, with amazon founder jeff bezos set to fly on a rocket made by his company, blue origin. >> we have got to get building as many spaceships as we can as fast as we can so that one day they will have the chance to experience what i have. and that will do -- that we will do. anna: thanks very much. laura wright in london. christine lagarde sa

and remember as well that these _ bmw and others.ers. so nissan need _ attractive to consumers. so nissan need to— attractive to consumers. so nissan need to get— attractive to consumers. so nissan need to get something new to market pretty— need to get something new to market pretty quickly. need to get something new to market pretty quickly-— pretty quickly. professor david bailey from — pretty quickly. professor david bailey from the _ pretty quickly. professor david bailey from the university i pretty quickly. professor david bailey from the university of. bailey from the university of birmingham, many thanks. thank you. that's the business and i will see you in the next hour. thank you, ramzan karmali. new rules have come into force which should make it easier for people to repair household appliances like washing machines, tvs and fridges. the right to repair will force manufacturers to make spare parts available, so customers can get their products fixed. 1.5 million tonnes of electrical goods are thrown away every year in the

san francisco-based risk iq makes cloud software to did tech security threats and counts facebook, bmwess among its clients. blackrock ceo larry fink told g20 leaders the world bank and imf are outdated and require a total overhaul to effectively marshall the massive investment needed to bring sustainability to the developing world. fink says rather than lending money the world bank and imf would be more useful as insurers that reduce risk for private investors. softbank's second vision fund reportedly invested $13 billion in the second quarter, according to the financial times. that included 50 companies investments up from $2 billion in the first quarter. the report says the japanese firm was placing modest bets on health care and software businesses with its second fund. haslinda: yvonne: --yvonne: probably, markets are singapore to good monday along equity markets when it comes to the pboc trouble are cut and -- pboc rr cutr. yet on the -- and we are seeing shares down 3.5. percent in ho chi minh. shares gaining 2.5% in tokyo. we are talking about the fourth week of the last five w

there are reduced car sales by bmw. porsche is also down. about gaming, but it is also about travel. carnival, airlines also moving higher. a mixed bag of stocks bringing travel and leisure to the upside. let's talk about the global economy and the story at the ecb . they have a potentially heated two-date meeting today deciding how the monetary easing strategy will affect things. it is unclear what this means for interest rates and bond buying. let's get into a conversation with jean-claude trichet. he joins us now. you for joining us. let me start with a global perspective on inflation. we can delve in to some messaging from the ecb and strategy. i would like to get your take on inflation globally and how transitory it will be. jean-claude: it is obvious that we have a very important spike on inflation, particularly the u.s. and the u.s. economy has a very important influential hold on the world. i see elements that call for great attention. now, in europe, we're ina different situation. it is clear that the inflation is higher, not surpri

so we had to 2011 and enter into this new agreement which the irrigation districts one has approved bmwand the other is proving it again today . it has a term of nine years unless a new license is issued before time-lapse not to exceed $9 million. it is basically the same terms as the original mo a with cost-sharing on these studies and other ancillary issues being a third san francisco and twothirds between theirrigation districts . i'd be happy to answer any questions . >> presidentmaxwell: any questions or comments on this item ? yes,commissioner harrington . >> commissioner harrington: i remember ourdiscussion about this . the question is is this in effect until thelicense, then what ? >> then what would happen is that it would be analyze in the fourth agreement which would probably take effect on that. that's what we would be looking at is how much was covered by the cost sharing division before agreements and how much wouldhave to be covered by any other agreements . [please stand by] -- i don't see some kind of standard when it comes to these agreements. there are certain people,

it's -- so i drove a bmw gas electric hybrid and there's a fake engine noise. mark: oh, really?oise. or i have another car that i'm currently driving that's kind of a lemon, but they amplify the engine noise in the interior of the car so there is engine noise but they amplify it to make it sound a lot louder. so you know what? you're right. like i guess fake gasoline smell isn't much different than what they're already doing. but you can just go buy an old car that has that kind of loud roar, just all on its own. that's where i'm headed. i'm just going to buy an old of- mark: just drive that bad boy around every now and then. dagen: buy an old used 911 and just not take it on the highway. mark: there you go, i like it. dagen: you got me, my friend. a story that's perfect for morning buzz, humans aren't the only ones who can't function without their morning brew. there's a new study that finds that bees do their jobs better on caffeine. bees jazzed up on caffeine were better equipped to find target crops and had better speeds. joseph. joseph: i mean, look, i'm happy for the bees.