effects of the coronavirus pandemic have caused big problems for virgin galactic‘s founder sir richard bransonhave times when sir richard bra nson launched virgin atlantic. the billionaire request financial bailout from the uk government for struggling virgin atlantic, hit hard like all airlines due to the collapse of travel during the pandemic. uk's government rejected the bid. this week, a uk court also heard a carrier could run out of money if its creditors don't approve a £1.2 billion rescue package, which has now been secured through private funding. and is part of the court sanctioned process needs the creditors approval, virgin atlantic has filed chapter 15 bankruptcy protection in us courts. since the crisis began, branson has now sold a £a05 million stake in virgin galactic, part of which has now been pumped into the airline. however the virgin group's wider albums affected virgin galactic?

since the crisis began, branson has sold a £405 crisis began, branson has sold a £1105 million stakeh has now been pumped into the airline. how have the virgin's groups wider problems affected virgin galactic? we're in a relatively strong financial position before the covid hit. —— we we re before the covid hit. —— we were ina before the covid hit. —— we were in a relatively strong financial position. so we have been lucky to be in relatively good place where all our direct employees have been basically retained throughout this crisis. the pandemic means that galactic has turned to virtual reality as a means of revealing the cabin interior of its spacecraft to journalists. welcome to virgin galactic virtual reality. the vr experience for the 0culus quest highlights the achievements to date and allows users to be test pilot and astronauts. my name is kelly latimer, and i am a virgin galactic pilot. as well as giving us a virtual taste of space pilot. jeremy brown is responsible for the design of the ship's cabin, as well as the interior of spaceport america. we couldn't be more social

newsreel: happier times, when sir richard branson launched virgin atlantic. bailout from the uk's government for struggling virgin atlantic, hit hard, like all airlines, by the collapse in air travel due to the pandemic. the uk government rejected the bid. this week, a uk court also heard the carrier could run out of money if its creditors don't approve a £1.2 billion rescue package which has now been secured through private funding. and as part of the court—sanctioned process which needs the creditors‘ approval, virgin atlantic has filed chapter xv bankruptcy protection in us courts. since the crisis began, branson has sold a £1105 million stake in virgin galactic, part of which has now been pumped into the airline. how have the virgin group's wider problems affected virgin galactic? so, we were in a relatively strong financial position before the covid hit, so we have been lucky to be in relatively good place where all our direct employees have been basically retained throughout this crisis. the pandemic means that galactic has turned to virtual reality as

happier times when sir richard branson launched virgin atlantic. financial bailout from the uk's government for struggling virgin atlantic hit hard local airlines from the collapse in travel due to the pandemic. the government rejected the bid. this week a government rejected the bid. this weeka uk government rejected the bid. this week a uk court also heard that the carrier could run out of money if its creditors don't approve a £1.2 billion rescue package which has now been secured through private funding. and as part of the court sanctioned process which meets the creditors approval it has filed for ba n kru ptcy creditors approval it has filed for bankruptcy protection in us courts. since the crisis began he has now sold a £1105 million stake in virgin galactic part of which has now been pumped into the airline. how have the wider problems affected virgin galactic? we have in a relatively strong financial position before the covid hit and so we have been happy to be ina covid hit and so we have been happy to be in a relatively good place where,

its latest plans suggest sir richard branson will take a flight to space in the first quarter of 2021mers following later in the year. for those of us i don't have a quarter of £1 million to drop on the real thing, the vr is perhaps the closest we will get to a jaunt in low earth orbit. if you excuse me i will pop the headset back on and enjoy the view. now, the fashion industry is worth an estimated two and a half trillion dollars. and in the uk alone, nearly 900,000 people work in it. after months of being hit away at home in our comfy clothes, fashion could be making a comeback. the issue is, how on earth can fashion shows take place? well, jen has been taking a look at how technology hopes to help. designers are getting creative with using technology in their campaigns and live events. burberry‘s photographer nick knight asked to model kendalljenner to take 200 pictures of herself at home. she was then recreated using stills and a model in a motion capture suit and a completely computer environment. and for men's paris fashion week designer is the key chain, combined images from g

taylor: virgin galactic all over the place. 7% whenly, they were up they said richard branson's firstight would be in 2021. but now shares falling as they are looking to do a stock offering. romaine: we want to pivot from that to the latest issue of the bloomberg market magazine. a phenomenal cover. when you open up that cover, it is all about diversity. you get all of these voices. article primarily about diversity. got their experiences about what it is to be on wall street. sonali bostick is joining us now. you interviewed several people in that story. thank you for joining us. we had so many different perspectives here on wall street. one of them surprised me in that, could wall street be a more attractive place to work in the future for more people of color? >> i do think that there is an opportunity for wall street to embrace diversity. one of the reasons why i think there is room for growth is because, as you highlighted in the article, so many us have gone there with the hope of achieving success to then deal with the harsh reality of not being able to reach the levels we are

branson shifts. shoot on disk in the. commitment. to digital mom. and i new car so sad i'm not going to much to me mama is just our. we're going to work on building things across to the sun. and that's for me it was . oh it's actually happening i mean these crews are serious. people who are just in the nick of time 2. hours is some of the hardest art of danger draw water. you can breathe it's a. quarter perth and we're. going to be knocked. down i don't want to. know what. the ribbon kind of at the new site must pick was basically orchestrated and celebrate this 2017 construction season and the celebration was not only to how. congratulate the tribe in the community for perseverance through the process and getting to this point but to also help them recognize that things are happening and there is hope for their future and that they're not just before but. you can live a. very shrewd. better as . a stage in this. you know to start building. and heard to support not losing homes as this coming fall. all star news is what people are afraid of. and the

branson just shoot on disk in the. asian community. least your mom. and i new car so sit on the open mustang new mama just back ya know. rome. in 2008 dr helmut kantor died in germany aged 80. is a bitch or is described the well known psychologist and sexologist was an advocate for permissive sexual morality and humanitarian sex education. in germany cantor was lauded as a hero of the sexual revolution in the 1970 s. and eighty's though devoted a great deal of energy to him and to the german people numerous books and appeared on many t.v. shows as an expert he proved his theories by setting an example as a gay man he adopted and raised children so by european standards of the time templar could be seen as a progressive and positive individual. but he didn't attract widespread attention until 2016 after several scandalous articles were published in german investigators found archived documents showing the doctor had approached the west berlin senate to propose a social experiment is suggestion was to allow men who were sexually attracted to minors to a

branson just. teaching. your new car so said i'm not going to much to me mamma is just back. summer solutions series imax guys are here with stacy herbert you know in a month in which we were meant to have the 2 party conventions officially nominated donald trump for the republican and joe biden for the democrats the pen demick has thrown the election and even more chaos than usual so joining us is greg palast journalist author of many books including his latest out now skyrocketing up all the bestseller lists it's called how troll stole 2020. i don't know. no shots no. action you. know. which your thirst for action. for cuba. in the early ninety's seventy's how much a psychologist mixologist proposed to the west berlin sen social experiment wanted to live paedophiles adopt don't care for neglected boys experiment was a. good word all. on one girl. group doctor came to believe that sex with older men would help with the boy's socialization over 30 years many children were handed over for paedophiles to raise. mentioned. the blogs. were looking for the good old boy groups or s

he was rolling in from branson, missouri. he schooled the field with 10 under 61. when you are the leader, you can do the post round interview in the shade. >> i thought it looked pretty good. >> that is the latest in sports. i will see you tonight from oracle park. >>> that looks good. the time is 4:57. streaming on cbsn, bay area, the first clues coming in for of theft. they have latest developments straightahead. >>> and our all day virtual telethon for fire relief is underway right now. we are partnering with the red cross to donate you can call the number on your screen, 1- 855-848-give. we will be right ♪ ♪ i got it all from you ♪ i'm always pushing through ♪ i know we'll make it to the finish line ♪ ♪ i know you're waiting on the other side ♪ ♪ i'm like you on-demand glucose monitoring. because they're always on. another life-changing technology from abbott. so you don't wait for life. you live it. >>> live from the bay area studios, this is kpix 5 this morning. >>> right now, on kpix 5 and streaming on cbsn bay area , a new part on the north bay forced to f

it was founded by richard branson and says it could be out of money by accepts. yesterday the company filed for bankruptcy protection despite a $1.5 billion rescue deal last month. virgin atlantic suspended its flights in april because of the pandemic. it is set to resume flights despite very little demand. the airline has had to cut more than 3,000 jobs. >>> dozens of restaurants s i chinatown warn that they might not be able to survive the pandemic. the chinese chamber of commerce says stores and restaurants have been vandalize ed boarded up. >> most don't know how long they can survive, they are just going month by month and hoping. >> the chamber says that revenue losses are hovering around 70%. chinatown restaurants are getting some help from that grant that will help them set up for outdoor dining. yelp recently reported that the bay area restaurant has lost 370 restaurants since march. >>> it is back to school week here on abc 7 and as part of our efforts to build a better bay area, we are focusing on education. we've heard from officials about the upcomin

branson just shoot on disk in the. kitchen. no new car so said i'm not going to much to me mamma says that. is you'll be via reflection of reality. in a world transformed. what will make you feel safe from. the isolation community. are you going the right way or are you being led so. direct. what is true what is faith. in the world corrupted you need to descend. to join us in the depths. or a maybe in the shallows. summer solutions series imax guys are here with stacy herbert you know in a month in which we were meant to have the 2 party conventions officially nominated doll child for the republican and joe biden for the democrats the pen demick has thrown the election and even. then usual so joining. in the early ninety's. just proposed to the. experiment. boys experiment was a. joke to sex with an older man would help with the boy's socialization over 30 years many children were paedophiles to raise. whole group. of them to go through. the day the 15th of august in the headlines today the state of bavaria. failing to warn 900

spirits street lit a trailblazer in the market for alcoholic free drinks seacliff was started by ben branson back in 2015 i just want it to be normal that you walk into a ball and there's great cocktail somehow about all sometimes but there are great traits and you have a great experience says no about exclusion it's not about separation this is about balance from originally being distilled in ben's kitchen the 3 variants of seat lead can now available in more than $25.00 countries and stocked in over $7500.00 restaurants hotels and retailers. and it's not just global be a brand opened its 1st alcohol free beer in london in january with 15 alcohol free drugs b.s. and a pariah t. of other options. if traditional bonds gave you the optional menu rather than you having to whisper to have an alcohol free drink can feel like the sticker and. i think a lot of people would be more encouraged to take option while you drink like a local for you don't really realize till social are you sitting doing your thing that you know the benefits of not. i'm not totally sober but try to lure my uncles and like

branson just shoot on disc in the. ocean. teaches. you a new car so sit on the can do much to mama. and. protesters and flood the city yet again this time to pay respects to a demonstrator killed during the unrest meanwhile a video claiming to show the moment of his death comes to light. a german state of bavaria apologizes after failing to tell 900 people they had the coronavirus it comes as countries across europe see covert infections spike. you care holiday makers scramble to get home after france is added to britain's coronavirus quarantine list but with only a few hours' notice given its parks chaos for travelers. and the soonest.

branson just shoot on disk in the. ocean command among the. legion mom. you know your new car so sit on the open much to the mamma says that. is your media a reflection of reality. in a world transformed. what will make you feel safe. isolation or community. are you going the right way or are you being led so. direct. what is true what is faith. in the world corrupted you need to this that. and. so join us in the depths. or a maybe in the shallows. in the troubled 19 seventies a group of killers rampage street thugs of northern ireland that was coordinated loyalist attacks on the catholic population in belfast tens of thousands were forced to flee their homes a mob was striking to put these attacks was a p.r. you see the police actually took part in the attacks so instead of preventing them they were active participants in the burning of full streets in belfast at the take more than 100 innocent civilians were unloaded as the review can seniors and we found out more i was surprised about the extent and its occurrence which the collusion was involved in so

branson shift shoot on disc in the. engine command among the. legion mom. you know new car so said i'm not going to mustang new mama it's just that our nana. is you'll media a reflection of reality. in a world transformed. what will make you feel safe from. the isolation or community. are you going the right way or are you being led so. direct. what is true what is faith. in the world corrupted you need to descend. to join us in the depths. or a maybe in the shallows. seemed wrong why don't we all just don't hold. any belief yet to shape our disdain and become educated and in gains from it equals betrayal. when so many find themselves why. the party we choose to look for common ground. an entire village in alaska. if another country threaten the wife of an american. we do everything in our power to protect. wanted to escaping climate change poses the same threat right now alaska has seen some of the fuss just coastal erosion in the world we lost about 35 feet. 35 feet of ground in just about 3 months while we were measuring. is fast and that means the river

infiltrated this company still the call usa a trump security contract are actually hired by richard branson for venezuelan aid benefit concert what was behind this coup attempt behind that operation is the policy of the united states. that all the options are on the table when it comes to venezuela so they really saw a window to attack venezuela they thought that we would have a health collapse because of the coronavirus which we don't we have the best figures in all of the continent and they thought that president mother would on our government were not would not be able to deal with both the pandemic and the interference and the attempts of invasion so they tried to do what they know how to do in latin america to force with maximum pressure with violent operations trying to kidnap the president of venezuela you know that the united states has made some phone. olson fake accusations against our president and other members of the government trying to say that they drug dealers traffickers drug traffickers which is absolutely absurd so but there's a reward for press in. death or at least if

a court in new zealand his testimony from the families of the victims of branson tyrants the white supremacist who killed 51 people and lost in music. i am seeing when you're winning by munich players celebrate a 6 european crown after beating french rivals p.s.g. 2 historic scenes in traffic. as welcome to the program crowds took to the streets in bella ruse on another day of demonstrations calling for the resignation of president alexander lukashenko opponents accuse him of rigging the result of the presidential election 2 weeks ago the authoritarian leader has responded with a show of defiance and threatens further crackdowns to restore order. all go away a rallying cry sustained for over 2 weeks amplified by one of the biggest crowds mean sq has ever seen. demonstrators repeated their demand for new elections angry at thousands of arrests many bloody beatings and several deaths. i'm shocked by these lies and violence that reign in our country i have 3 children and 3 grandchildren i want them to live in a free country to have freedom to express their opinions and have great life prospects.

branson she was. just going the. engine coming on the long. beach it was. no new car so said i'm not going to much to me mama says the back. and. l. look forward to talking to you all that technology should work for people. a robot must obey the orders given by human beings except where such orders would conflict with the 1st law show your identification for should be very careful about official intelligence at the point obesity is to trace trusts ever other than sheer. conflict take on various jobs and with artificial intelligence will summon the demon. a robot must protect its own existence his own existence. the world is driven by dreamers shaped by phone personal those words. the dairies thinks. we dare to ask. pain has changed many american lives but pharmaceutical companies have a miraculous solution. based drugs it's not the people who are chronic pain patients believe that their opioid prescription is working for them and the remedy be said to. price that they pay closer dependency and addiction to opiates to long term use that really isn't scientif

branson just. teacher mom. you know you care so sit on the open you must be new mama is just back now and. the lucia is us right we talked about problems all year and then that summertime we come up with all solutions not say we're just being joined by banker churn calling entrepreneur simon dixon of banks the future long term friend of this show. join me every thursday on the alex i'm unsure when i'll be speaking to guest of the world of politics sport this list i'm showbusiness i'll see you then. 2 weeks of political turmoil and belarus as captured by another huge opposition protests in the capital on sunday at his rallies in support of the president again from that moment in the last 7 days. also this hour unexplainable me is at the birdland hospital after being airlifted from russia to receive a merge into treatment the russian opposition figure had been in a coma since falling critically ill on thursday. and a u.s. request to reimpose sanctions against tehran is rejected by the remaining members of the ira

branson shifts. shoot on disk in the. engine command among the. legion mom. you know new car so said i'm not going to much to me mama it's just that our yen. is you'll be via reflection of reality. in a world transformed. what will make you feel safe. isolation for community. are you going the right way or are you being led so. directly. what is true what is faith. in the world corrupted you need to descend. to join us in the depths. or remain in the shallows. an entire village in alaska. has had to move if another country threaten the wife of an american. we do everything in our power to protect. wanted me to skipping climate change poses the same threat right now alaska does seem some of the fuss just coastal erosion in the world lost about 35 feet. 35 feet of ground in just about 3 months while we were measuring. is fast and that means the river is 35 closer than how it was for i think we're part of earth for. the pandemic no certainly no borders and is blind to nationalities. has emerged we don't have a theory we don't have the facts and the whole world n

branson shift. in the. least you. know new car so sit on the can you must be a mama it's just that. summer solution that's right some resolution. today we're covering whether or not gold prices are signaling and to the u.s. dollar with yes superstar alison the class of gold money god alister well. greetings and sal you take. well well well well well my friends we have big news today as russia has developed a possible back scene for cold with 19 reuters and other news outlets around the world now reporting russia has indeed become the 1st country to grant regulatory approval to a covert 19 vaccine after less than 2 months of human testing a move moscow likened to its success in the cold war era of the space race and apparently russian president vladimir putin is so high on the efficacy of subjects' even that he had one of his own daughters take it. there is no actual word yet on a u.s. president has put obamacare tiffani on an intravenous drip of drugs a clerk queen and lysol in an effort to outdo his russian counterpart will keep you and keep you abreast of that does happen and whil

branson shifts. to town discipline them. being on the long. beach long. now newcastle said i'm hoping my steam mom lives just back janja. will go back to politicking we're talking with former u.s. secretary of defense william perry and tom collina director of policy a plow shares fund co-authors of the new book. the new nuclear arms race and presidential power from truman to trump what secretary perry is what is the football and how does that work. the football is a nickname we give to the communications system which the president would use if he were on order a large dinner and that is in a briefcase is carried by his out a shady attachés always always with the president every time you see the president on a trip you will see that an officer walking military officer walking discreetly behind carrying a briefcase that's a football football is a communication system in which he cures grand there's also no. he also has to have the code to use that dep secure day and he carries out in his own pockets so restrain that. football in the car as he had all the ev

branson just shoot them. i mean. you know you care so said i'm not going much to the mama just back. and. welcome back cambridge chris smith i professor human gummy i mean conversation with ali guys the point about we have these 3 nude clusters of taking place even the most successful countries the countries which dealt with the violence based are seeing renewed plus those what was going on the christmas. the reason this is happening but simply is that as far as we can tell the vast majority of the world population has not had coronavirus the estimates we have are that about 95 percent of the u.k. population and we're similar to pretty much every other country that we've seen data for have not had the virus but because the problem remains and the population remains susceptible as soon as we start to afford the virus more revenues through which it can spread things like people socialising people becoming complacent about social distancing things like the hospitality industry opening up again those sorts of avenues wil

branson just shoot on disk in the. ocean. legion mom. and i'm going to go so sad i'm not going to much to me mama is just back. and. join me every thursday on the alec simon show and i'll be speaking to guests of the world of politics sports this list i'm showbusiness i'll see that. ratings and sal you take. well well well well well my friends we have a big nose today as russia has developed a possible back scene for cold with 19 reuters and other news outlets around the world now reporting that russia has indeed become the 1st country to grant regulatory approval to a covert 19 by. scene after less than 2 months of human testing a move moscow likened to its success in the cold war era of the space race and apparently russian president vladimir putin is so high on the efficacy of said vaccine that he even had one of his own daughters take it there's no actual word yet on a u.s. president donald trump has put obamacare tiffani on an intravenous drip of hydrox a clerk queen and lysol in an effort to outdo his russian counterpart will keep

branson shift. in the. future mom. no no look i still said i'm not going to much to be mama it's just that. well about the cross talk we're all things are considered i'm peter ludlow remind you we're discussing the cold war against china. let's go back to london when you want to finish up one before we do the break right and so i think the whole point of the chinese containment that i mentioned earlier and what you also talked about is also was reiterated by obama's 2000 is a bit where we then saw the expansion of military bases not just linked to the immediate region around china but also into. the philippines as well as australia so there was a specific message that the americans are sending to the chinese military the military industry and. they need to protect themselves so it is not actually not surprising that the chinese are reacting the way they are ok i mean let's go back to washington i mean given everything we've said in the program here and it's focus a little bit more on the military that i'm probably want

richard branson's virgin atlantic airways is seeking bankruptcy protection in the u.s.. filed under chapter 15, 8 loaves foreign companies chapter 15,sets -- which allows foreign companies with u.s. assets to file. sec reportedly is 765 milliong a dollars government loan and a stock surge. the investigation is at an early stage and may not produce allegations of wrongdoing. shares of kodak soared after the announcement, and that briefly lead to a windfall for some company executives who had just received stock option grants. that is your bloomberg business flash. francine: thank you so much. commerzbank has cut its goal for full-year profit after costs from wirecard related to covering bad loans. >> first of all, q2, we have are reallyprofits important, and we set already in the q1 announcement it would become much more aspirational to reach positive net income, given but alsot on revenues, on loan loss provisions. now it is even more important. for theto book restructuring charges to really program,ress on the and that all in all brings us to negative net income for thi

why shares of richard branson's virgin galactic may not be ready for liftoff yet and bp, made a dramatic move to its dividend. after this >> announcer: today's big number, 300% that's the increase in tiktok daily active users in the u.s. over the last 18 months. the app wasdo dnldeowoad 130 million times in the u.s our market share looks good, but... drone voice: where are the bagels? well, cdw can help you modernize your company the right way, with a scalable infrastructure from hpe, making you more efficient and secure. great. oh. [ drones buzz angrily ] let's find a different room. for transformation that works, you need hewlett packard enterprise and it orchestration by cdw. people who get it. yeah, everything is runningis smoothly with the now platform. (bling) see, incident resolved. how did you... gotta enjoy the small wins. you keep being you, derek. keep being you. >>> right now, we are watching a live shot thereof portsmouth, virginia not far from where hurricane isaias is active we'll keep a close eye on that it was down graded earlier to a tropical storm after making land fal

protests also coming up of course in new zealand here's testimony from the families of the victims of branson tyrant the white supremacist who killed 151 people in mosques and use it. safely.

richard branson's virgin atlantic told the court that it will run out of cash in september unless it million dollar rescue package, and today the airline will be meeting creditors to vote on the restructuring. this afternoon, watch out for u.s. data at 3:00 p.m. u.s. time when we get the figure for home sales in july -- for new home sales in july and consumer conference for august. the response to the pandemic helps to stabilize the markets, but low interest rates are creating a speculative bubble, according to leon cooperman, who spoke with bloomberg about how zero rates and mounting national debt are impacting the u.s. economy. take a listen. leon: they have really created a speculative bubble in my opinion. i have to bit i'm uncomfortable at the present time -- i have to admit that i'm uncomfortable at the present time, not because of the virus. it is a factor. i am uncomfortable because of the amount of debt that is being created. who pays for the party when the party is over? we just celebrated our 244th birthday, and it took us 244 years to go from zero national to over $20 tri

grandson is back, basically, and -- branson is back, and basically by increasing his stake even by ant come he is showing his commitment for the long run. so he is proposing that basically barclays goes down the with ae bank route, massive restructuring of basically the corporate investment bank. to improve profitability and cause them to optimize capital. though,he thing is, with the latest set of earnings, the investment bank actually beat estimates, so these criticisms -- are they justified right now? i know they are long-standing criticisms from edward bramson, but the results may put a question over that. stefania: absolutely. the strategy has been working during those two quarters. whether they are making the shortthat this is just a term gain and they can really phase the strategy over the entire lender over just a couple of quarters of trading that is happening under the circumstances considering the , themic or the markets circumstances we have seen. he is basically keeping his point that barclays should really have a big look at the and they should restructure the whole sec

>>that was chelsea branson reporting the internal affairs report recommends the officer stay with the department because they said he brings experience resilience and leadership to the community and other organizations and they add that they believe he's remorseful and this discipline will cause him to be more reflective on his actions. >>still ahead on the kron 00:04am morning news, the minneapolis police have released new body camera video of the arrest and death of george floyd we'll have the latest on that coming up it's a 42 >>welcome back 8.45 on this tuesday morning pretty similar to yesterday briley all in all so far we've got some fog across the bay area mostly low clouds sitting right above san francisco. they can for a pretty grave you in the city right now as for san jose much the opposite nice clear beautifully sunny skies, currently skies will gradually continue to clear and this sets us up for the nicest day of your forecast ahead, at least some of our coolest of temperatures. a deep in marine layer as well as a pretty steady onshore. wind is going to help to keep some

we need to raise revenue with richard branson traveling next year and passengers at the end of next year as you look at this investment, it carries all this risk as we monitor safety as well >> sure. but i'm also curious, as your frontier expands, oliver, if we're putting virgin galactic in as a retail stock now, why not electric vehicle companies, and you name it? what else might be in the entertainment and luxury and fundamentally retail basket going forward? >> well, what's really fascinating is virgin galactic combines the virgin brand which has tremendous awareness there are 600 astronauts who have signed up for this opportunity and it really combines virtual integration and virtual reality. it's a lifetime choice, it's a luxury choice in terms of the opportunity ahead, and we love luxury companies like lvmh as well as virgin galactic. we also love value think about costco and others. the world is changing and we see a lot of creative partnerships virgin galactic has partnerships with rolls royce, boeing and nasa as well, so you're seeing the convergence of a lot you're also seeing

richard branson definitely has the vibe of a guy who wants the wind to blow through his hair at 1800 hour. and yes, i say that joke knowing my hair is getting more bransony by the day and yet, rather than spend the money needed to shore her up, one of his country's most vital and cherished institutions, trump and the gop are using the financial situation as an opportunity to destroy the post office for their own political gain just this weekend, "politico" reported that trump's aides are everything from directing the postal service to not deliver l local officials from counting them after election day. that is chilling the president thinks he can just decide which votes count and which ones don't soon, he's going to start crossing out ballots himself and we'll all know because he'll sign them himself. and whether or not trump actually succeeds in stopping mail-in voting is almost beside the point. either way, he's sowing confusion, setting up lengthy court battles and laying the groundwork to claim the results are disputed even if they're not. he's made that as clear as possible >> i

if those go well, if, virgin galactic says in q1 2021, plans for for founder richard branson to take a space flight key date for this company. >> frank, forgive my space ignorance but when you mentioned the qualifications program, the astronaut program, how is that different from the reservations? because my understanding is that the number of reservations has stood at 600 since september of 2019 to this most recent report. >> melissa, that's a very important metric right there so the reservations are people that have paid and the company has about $80 million in their bank account from people who have paid to take that flight when it really happens what we're talking about are prospects, people say that i'll put down a thousand dollars for the opportunity to be on one of those flights eventually after those 600 people get their opportunity. >> big difference between $1,000 and actually paying up the rest. >> absolutely. >> frank, thank you. frank hollande on virgin galactic i don't know, karen, what do you make of this whole story >> it's a story stock. let's be clear it's a story s

people like jeff bezels billionaire entrepreneurs, people likejeff bezels and blue origin, richard bransonob has freed up nasa for the big ticket stuff. nasa has the big artemis project coming up, which is returning humans to the moon again in the next 5—10 years. they can concentrate on that and then spacex and boeing and others can worry about getting astronauts up and down. we had president trump celebrating this as an american success. is there something particularly american about it? absolutely. there is a lot of theatre involved in rocket launches anyway, especially when elon musk gets involved. it is a bit of a theatrical event. i think for america, there is a great sense of pride because there has been no american astronauts flying from american astronauts flying from american soil since 2011, since the space shuttle was grounded. all astronauts have had to rely on russian law kit —— rocket launching from kazakhstan. so having a new bus stop back in florida, back on pad 39 a, the launch pad itself is very historic because it's where the apollo missions were launched from and the s

virgin atlantic' -- richardt branson's virgin atlantic told a court they will run out of money.ill have creditor meetings to vote on that. and this afternoon, watch for u.s. data. at 3:00 p.m. u.k. time, new home sales for july and consumer confidence for august, and those will, no doubt, be judged quickly by markets, as well. anna? anna: yes. we will get to the conversation around the chinese foreign minister's visit to europe and just a moment, but u.s. and chinese trade negotiators have discussed the trade deal. treasury secretary steven mnuchin and robert lighthizer spoke to liu he, both sides say they have seen improvements. we are joined now by the chief at a company. it is surprising we have seen this conversation around trade taking place. i am not sure it is known about ahead of time, and we get this very positive statement from the u.s. about intellectual property in china, access for u.s. financial services businesses to china. this is all much better mood music that we have seen in recent months. how do you read it? with thatt agree statement, actually. with intellec

there is richard branson, what he wants to do.s to do to sort of resurrect its space initiatives here. it will get pretty crowded. that is just here. more after this. ♪ neil: i want to show you something that got a lot of play across the country. these guys aren't breaking into someone else's store. it's their own gym. in new jersey, they run the atilis gym, very very popular. the governor said you can't open for business even though you can make a pretty compelling argument a lot of other businesses that probably shouldn't be open, are open, and gyms where you cannot another logical argument are actually helping you weather this virus. the governor made it very clear they violated the law. we are waiting to hear from new jersey governor phil murphy exactly what punishment he might be considering meting out bee seeds tickets. some say remove their license. is that fair? ian smith and frank trumbetti with us now, co-owners of the atilis gym. thank you both for coming. have you heard, either of you heard from governor murphy yet? >>

everyone from oprah winfrey to bill gates, jeff bezos, warren buffett, richard branson so many differentou've had an opportunity to speak with i wonder what you find in common with all of these leaders, if any of them? >> well, all leaders have a number of things in common one, had some luck all recognize that two, they failed at something, because you have to fail before you succeed. everybody's failed at something. three, learned to focus. didn't try to do 1,000 things at once learned to do one thing very well you persuade people to follow you, orally speaking well, writing well, leading by example and they learned how to be ethical. i think the best leaders of ethical and have a great deal of humility to them, recognizing a lot of luck is involved and the left leaders rise to the occasion when a crisis occurs something really happens that's important, when a lot of the people i've written about in the book have really made their mark so some of the people that you know quite well, you've interviewed many as well, they have had opportunity to rise on occasion when there's a real crisis