dutchmen bob short succeed as audi c.e.o. taking over of the leader company. these election phones it feels like we have lost an arm and arms of lot of people didn't think that audi would survive without initial. capacity at bodies the largest plant in english shows the gravity of the situation. insiders tell us that only $450000.00 vehicles we've built in english but this year 16 percent less than 2 years ago. after a long wait we finally get an interview with audi but the firm sends a member of staff who is only permitted to talk to us about corporate culture. changing their corporate culture doesn't happen overnight if the process that takes decades what builds a good foundation is the whole company we've developed objectives and clear guidelines to aim for. thank you tom but objectives and good intentions are clearly not enough as we can see in the case of the 8 the federal motor transport authority ordered a recall of a dirty luxury car in 2017 get even 2 years later body has failed to deliver a software update. is local it's unbelievable there are cars w

anna: bob, you would be short tech in the u.s.? hink you've got to make it very clear distinction between the separate components of the tech sector. there are elements of the tech sector which are very expensive indeed. msci tech is up 40%. think it is vulnerable to profit. the area of the tech sector which i like is what i call tech infrastructure. whether it is server farms, whether it is the cabling companies, whether it is companies that do consumer tech, like smart meters. it is the nuts and bolts of tech, as opposed to the very overvalued consumer facing areas. anna: the more tangible tech, perhaps. bob and janet, thank you very much. they will both stay with us on the program. up next, the stocks on the move, including one jumping after announcing a partnership with the japanese retailer eon. this is bloomberg. ♪ to theelcome back "european market open." we have a negative picture for european equities. we don't seem to have much in the way of positive. the stoxx 600 in europe down around 0.4%. the ftse 100 down more than 0.

currently the city has no rules or regulations regarding short-term rentals, but vice mayor bob carley says that could change. >> we could employ a 30-day minimum for residential stays in these short-term rental units. >> i don't want to see a ban. this is not about stopping the whole system. >> reporter: matt alexander owns the rental home that neighbors have concerns about. he says he's making some changes. >> they've been pairing back how often we do it, having smaller groups, monitoring it more tightly. i think at the end of the day, certain people just aren't going to like it. >> reporter: yeah, that homeowner says he has restrictions on how many people can stay in the house and can even monitor noise levels at the property. city may consider some type of regulation in january. in livermore, cornell barnard, abc7 news. >> okay, cornell, thanks very much. >>> new at 11:00, san rafael is going to start regulating short-term vacation rentals much like the one in orinda we're talking about tonight. the city council unanimously passed an ordinance this evening. there will be a three st

out but i mean he did a extraordinary job in a very short period of time his commission divided on sectarian grants it was left to do on his own bob in a very short period of time his commission divided on sectarian ground so he was left to do on his own i think this was a feeling there will be much more cooperation than there in fact was later i don't think any no i think this was a feeling there will be much more cooperation than there in fact was later i don't think any normal person would reserve when a 1000000 people were killed because of this no i don't think he felt the need to resign all of us would reserve when a 1000000 people were killed because of this no i don't think he felt the need to resign i think he felt the need to solve the problem and in some ways he did he set up an emergency committee and i think he felt the need to solve the problem and in some ways he did he set up an emergency committee and he in that we know were i think you know selfless in the way they worked and that's in some ways what happened he in that we know were i think you know selfless in the way they were and that's in some ways were the b

shorts. disney's ceo bob iger says it's a game changer. >> someone asked me on a scale of one to ten what is said, i don't know, 15. it's massive because in one place people will be able to see that great library of product dating all the way back to "snow white" in 1937 and mickey shorts from the 1920s and a lot things that we're making specifically for this platform that people have never seen before. >> reporter: the move potentially even more important to disney's future than the company's mega-acquisitions of the past like purchasing pixar, marvel and lucasfilm. analysts now predicting the service, which is available for $6.99 a month, will have 75 million subscribers within five years. at $6.99 a month disney plus is about half the price of netflix's most popular plan and they have priced it competitively, disney also selling a bundle disney plus, espn plus and hulu with ads for $12.99 a month. the future is here and as bob iger called it, this is a reinvention of the walt disney company. >> yep, and ready for it. >> oh, yeah. >> thank you, rebecca. >>> following a lot of other stories

overnight while you were sleeping, emergency action to ban short term rentals after five people died at last week's halloween house party shooting. bob redell is joining us live with the next steps in when this do take effect. >> reporter: city council here is expected to formally approve the so-called urgency ordinance that would ban unhosted short term rentals. this is in an effort to stop the kind of party that led to the deaths of the five young people this past halloween night. last night in front of a packed house, city council unanimously showed support for the measure, again for him formal approval is expected november 19. it would require owners be present when renting their property. airbnb has said that the renter was deceptive and violated the no house patty rule frty rule f rental. they already require an okay pa occupancy tax and they violated the maximum occupants of 13. they also considered other restrictions including a ban and requiring a minimum number of days for a short term rental. >> i think just having more regulation isn't going to work unless there is real rigid enforcement. >> just ban them all because chie

include making sure rental owners are there when a rental happens or maybe even banning short-term rentals all together. boborial vote. and the ban on e-cigarette sales. >>> a changing skyline. >> the construction set to get under way tomorrow. >> and a bay area couple is charged more than expected for their new car delivery. >> join us tomorrow from 4:30 to 0 7:00 a.m. >> tomorrow, tiny horses that can make a big drirchs in our lives and brand new tips for your winter hairdo all happening on "california live." don't miss the grand opening of the new floor & decor in milpitas. if you have never been to a floor & decor, you have to go to the grand opening. hardwoods, laminates, tile or stone. holy smokes, this place is huge! i'm on a budget and i was able to go to floor & decor, and save a lot of money. you will be blown away by this experience. the pros come here. i come here. if you love your wallet, and you love your home, you have to go. floor & decor. opening november 14th in milpitas, off the 880 freeway on north mccarthy blvd. >>> live from studio 1a in rockefeller plaza, this is the "3rd hour of toda

. >>> and leaders took emergency action to ban some short term rentals after five people were shot and killed at a halloween party. bob redell is live for us. what is the next step for the city? >> reporter: in a couple weeks the city council is expected to formally approve the so-called urgent ordinance. this is an effort to stop the kind of parties that led to the death of these five young people this past halloween night. last night in front of a packed house, city council unanimously showed support for the emergency member. the new ordinance will require that owners of short term rentals be present when renting the property. the property owner was not present during the party thursday night. airbnb has said that the renter was deceptive and violated the no house party rule for that rental. or they already require an occupancy tax and there a maximum occupancy of 13 people which was clearly violated thursday night in which they had over 100 people in attendance. last night the city council considered other restrictions including an outright ban on short term rentals and requiring a minimum number of days for short

short time. >> when we think about the hearings, including what people witnessed in the mueller hearings, including bobny, ultimately corey lewandowski, there was much more about process and obstruction than the underlying issue, which was alleged potential collusion and conspiracy. i'm not minimizing, nor would you, obstruction. do you see what chairman schiff is doing tonight, whether or not obstruction was an article of impeachment? it won't be the first nor the most important. >> no, not at all. the most important will be that this president engaged in a systematic pattern of bribery that started long before president zelensky was elected and continued right up until the time he was forced to give up that money to ukraine in order that they could use it to buy the weapons that they needed. >> we're almost out of time. based on the public evidence, where do you stand compared to the public evidence against nixon when those hearings began? >> this is completely different. it's actually a dynamic case. they have excellent evidence, great witnesses, credible witnesses, smart witnesses and lots of corro

short of the mark. >> athey are moving an articlen obstruction of congress because the president is saying john bolton and others can't testify. >> i think that's the weakest -- it's nothing that bob says is the weakest, history says that is the weakest. we live through other presidential impeachments and in the nixon case the case involving the former president, bill clinton, you can make that connection but it's a weak one. why is it week? there are legitimate reasons for the president on the basis of privilege to withhold it. >> what is that privilege comes from? >> derived from separation of powers. it's a battle between the executive and legislative branch. there are reasons why theus sanctity of conversations and confidentiality necessary to do your job, why he would want to protect conversations from being disclosed. to trying to turn that into abuse of office or contempt of congress is ridiculous because the question is whether all they are legitimate and the only place ultimately to settle set is before a court and the democrats have decided to forgo fat. >> they decided not to -- thank you very much. appreciate it. when we come back, the testimonies. the democratic case

this is a stock that's firing on all cylinders and certainly wouldn't sell it short at this point. stuart: is bob iger the best ceo in america today? >> you know, i would hesitate on lavishing that type of praise, but bob iger is a great example of the type of ceo that just isn't dime a dozen. a lot of these presidential candidates, elizabeth warren, bernie sanders, would have you believe anyone can be ceo. just open up the mail. bob iger has navigated these very difficult troubled waters. we need more of him not just to pay taxes but to lead great american companies like this. stuart: glad you got that in. you're all right. see you again real soon. thank you. >>> next case, zillow. you think of it, i do, at least, as an online real estate agency. well, it says its house flipping will bring in more than a billion dollars this year. lauren simonetti, are they now developers rather than brokers? lauren: they are high tech online home flippers. they use algorithms to buy, fix up, then sell homes in about a quarter -- two dozen markets throughout the country. but the stock's up almost 10%. you know t

short term. liz: could they not have done 15 beta tests before now this, this is what we are talking about, i'm not sure that's fair. >> well, here is the real problem that bobr has, he's late to the game, he decided to go into streaming only 2 years ago and they bought bam tech which was a very small streaming technology company that was basically streaming major league baseball, if they had a million people using bam tech that would be a miracle, 8 million crashed the system right away, he'll have to upgrade the technology, the other thing that -- that netflix has in spades is customer relationship management. they have the best data on the users, it's so easy to come in and out, to find what you're looking for, one of the big problems disney has, they have 12,500 new -- how are they going to find them? liz: conceding a little bit on the side of netflix but netflix promoting the crown, obviously that will grab a lot of eyeballs, people absolutely love the show. tell me how else netflix will beat out disney when they have the star wars? >> this is going to be very difficult for them to beat out disney because as porter said, you have a massive amount of con

bob >> i like to go first. good morning if you look at interest rates this morning, the short end started to give back some ground mostly been the long end it is very interesting, 30-year bonds were briefly only down a basis point, they're catching up but the point is you look at this one week chart, we're slowly melting away. failed in the mid190s. open the chart up to june, we have an upward sloping channel, maybe even a wedge but one thing that seems for sure, no matter what ten year you insert in that june 1st time frame, basically looks the same. tired running out of gas a bit but here's the fly in the ointment, zoom it back to the year 2000, there is very little doubt what you're looking at is a significant historic long-term bottom but that bottom takes you in the mid130s, we're hovering at 180, we could still melt away a lot of basis points. that's what makes this area tricky one thing that isn't tricky, the polls, boris johnson, the commitment that maybe many of those mps are going to vote for brexit if his horsepower holds up in the december elections,ed pound is in favor of that, as you look at the one

bob. >> happy tuesday, everybody. 3093, the old high on the s&p. we're essentially there, maybe a point or two shortg well. asia doing well. japan, another big standout to the. indeterminate open here as we wait for the president here. semis up, a little trade materials, that's a good sign. utilities slightly on the upside ba banks, terrific run. all the department stores are weak, macy's, nordstrom's, kohl's on the downside the really big story has been the interest rate move that we have been seeing in the last couple of weeks. this is really starting to move some things here here is the tlt. this is the ishares. almost $20 billion in assets you see it topped out in september and this big move down yields going up. we had 1.2 billion in outflows in this in the last week it is finally starting to happen outflows from some bond funds. is this a lot? it had almost $20 billion in assets under management. that is almost 6% of the assets under management is that a little, a lot? that's a lot very noticeable. we have been waiting for this for years. when will people finally start looking at this and sayi

. >> bob, thanks very much for that >>> after the break, we'll speak with vice president pence's chief of staff, marc shortations, the economy, and much more >> and here's what else is on deck >> coming up, billionaire investor leon cooperman getting emotional this week talking about the 2020 race. >> i care. that's it. >> and elizabeth warren apparently noticed >> you may have heard some billionaires on tv recently crying about that 2 cent wealth tax. ahh. >> now, cooperman says he'd support fellow billionaire michael bloomberg's potential n president. he'll tell us why exclusively in he'll tell us why exclusively in 90 seconds well sure, at first, but jj can help you with that. jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable. i could be up for that. that's taking options trading from wall st. to main st. hey guys, wanna play some pool? eh, i'm not really a pool guy. what's the hesitation? it's just complicated. step-by-step options trading support from td ameritrade keep going, keep goin

short duration kinds of things. and to live there is a total different problem. and we need to solve that. >> well, bobeally brought up some points that we outlined in this year's study i shared for president bush sr. and vice president quayle how to go back to the moon and onto mars. he hit it right there. but one thing, you are going to need a big booster. there's no doubt about it. people have things to sell. they always want to sell you the small boosters and put them together. the math just doesn't work. well, we've been through it many times. radiation, absolutely, we have to have a way to protect for radiation. that's one of the big risks. and assuming that your systems engineering is good and your systems have enough reliability to get you out there, perhaps a nuclear thermal rocket for mars, you don't need it for the moon. as far as upper stage propulsion. and -- oh, again, the two things you have to recycle is water and oxygen. and, you know, for example, on apollo 10, i lifted off about 6.4 million pounds of mass. i had 300,000 pounds to leo -- and 100,000 pounds -- >> how did you do that? h

the ceo bob iger calls the subscription video service the biggest project undertaking by the company under his tenure. >>> will be the first place to see new animated shortt is a seven minute film written by directed by pixar. it was done by his son who was born with special needs and his own reaction to learning how his son is different. >> it is about a father and son and he is different from the other children because he floats. i do not know of people, that resonates with people. i hope it does. i think it well but there is that little voice behind it, you will go little people like it. >> it made me cry. it is such a beautiful film. originally he thought the characters would be caucasian but then he asked how he thought his son would feel about that and that is when he changed the character to reflect his family's own filipino-american heritage. so it speaks to every parent no matter how old or young they are. today, we are excited to sit down and talk with rubio live on the nines. >> i want to see this. >> it is a beautiful film. >>> disney stock is one of the ones setting record highs . >> we have a look at today's "dollars and sense". >> the dow

. >> we will have a short break hen we will get an update on the devastating wildfires in alifornia with former firefighter boboper who is an advisor to the western fire so s chiefs chiefs association. >> 40 years ago iranian students the u.s. embassy in ehran and held 52 americans hostage. sunday watch american history on the jorge crisis. stuart eisenstadt and former hostage will take fewer phone calls and tweets. "real mark" then 4 days to freedom. > with no help camp being the staff retreated floor by floor. spoke rican, john, who arsi was blindfolded and bound death.eatened with >> that is on american history wind on esp c-span 3. sunday live at noon eastern on princeton university proff rofessor talks about african-american history and racial inequality. jim mother came of age in crow alabama and she lived her nationalist white -- ety and it has come pwaback >> openly officially white nationalist society? >> yes. and it has reader its led again. letter is recent breathe a letter to my sons and with your nversation phone calls, tweets and facebook emergencies. then the author of it shouldn't serve your it

bob pisani has talked about this a lot, right? we've had a decent run for oil and gas stocks lately, especially among the more high debt, highly levered and highly shortedf the better performers you have laredo petroleum, the best of all the mid-sized companies. there are some that are up more, but microcaps now, super heavy debt load. continental, a name we know, up 11%. and even hess, it's not just the mid-sized guys, some of the larger players like hess, up 11% in just 30 days. now let's get a check on a couple of big funds that mirror oil and gas. one is a rather aggressive bet on the space but let's start with this one first. it is the vaneck oil etf, the oih. not ohio state, the oih. it is up nearly 10% in a month it's been kind of a slow climb, but it's done well its biggest holdings, schlumberger, halliburton, and bakers hughes. okay but for those -- and i'm not advising it, but whoever wants to get really aggressive in the space, there's the direction, three times bull, oil and gas ticker you've got to love it, it's gush you get it all right. refiners are the top component of this etf. but just remember, guys, this is three times levered. so yo