legendary investor carl icahn. carl, foot to have you. >> good to talk to you, trish.rish: you don't like this deal. you don't like it one bit. i have excerpts from the letter you say basically this could be one of the worst things since time warner-aol. walk me through your thinking. why is this a bad idea, sir? >> it just doesn't make any sense be trish. it, i happen to think, you know, we don't see the forest for the trees here. this company, scripps, is first of all, they're overpaying, i believe, at least 40 points. i think the company today would sell in the 50s if it weren't for this deal. we could go through all the numbers and what have you with it if you look at the ebitda of this company and a -- they make, even they admit they're charging -- they fet 5% on what you call rebates. so the whole thing is perverse. they go to the drug companies. they tell them, you could even, you can mark up the value even of the drug price because then you're going to give us a big rebate. they get a big rebate. they go to the clients, look how great we are, we give you 95% of

when i ran carl's jr. i try to figure out the burgers everybody else wanted to eat not mean trying to meet the needs of othertyty people with e best quality at the moment price. you improve your life five meeting the needs of others. at john mackey stores each product is a group of b individuals how to satisfy the needs of everyone that walks into the grocery store whether cars or tractors. it doesn't matter in a free market system you constantly try to figure how to satisfy other people's need what about in a socialist society? you were not thinking about to satisfy other people's life but the most you can from a limited supply of goods or services provided by the government is no competition what you deal with is a limited fly in the way you improve your life is by taking that that applies to healthcare in the united kingdom you're not worried about the guy in front of you are behind you but most for yourself because any social identity you improve your life by getting the most for yourself or by satisfy

carl frampton and tyson fury top the bill at windsor park. and dina asher smith had it all her own way at the european championships in glasgow. could she continue her dominance in birmingham today? well as thomas mentioned it's a really big fight for tyson fury there's a big night of boxing in belfast to look forward to. carl frampton's the official headliner at windsor park, but his fight with the australian luke jackson is in danger of being overshadowed by a very big warm up act — tyson fury, who fights the italian francesco pianetta. 0ut reporter thomas kane is there. this is the biggest boxing event ever held in belfast. 0ver this is the biggest boxing event ever held in belfast. over 20,000 fa ns ever held in belfast. over 20,000 fans are set to pack inside the national football stadium here at winter park. hometown favourite carl frampton is a star attraction. he's a former world champion it takes on the ashley and underdog luke jackson. everyone has an amazing

now i want to good back to what carl said. carl said the american dream is alive and well. i know it. i lived it. it is alive. i'm testament to that and i think probably many of you are. probably lived the american dream just as carl or i did. put how well is it? it's good to keep in mine that in the last election, a very significant portion of the american pop his wanted an admits he socialist to be elected as profiter the united states. he claimed to be a democratic socialist, i am unable to fathom what the difference is between a democratic socialist and just a socialist. now, with socialism, -- the government owns the means of production, that's basically the definition of socialism. with democratic socialism the only difference i can see is sanders now says the government wouldn't own the means of production. it would just control the means of production. if you to his web, regulations and taxes, a democratic socialist president, presumably bernie sanders, would direct businesses to what they could sell, when they could sell, i who, how much, how much entrepreneur coul

i went to go back to what carl said. karo said the american dream is alive and well, i know it, i lived it. it is aliveve and i'm testamento that and i think many of you are. you're probably lived the american dream just as carl or i did. but, how well is it? it's good to keep in mind in the last election a very significant fortune of the american populace wanted admitted socialist to be elected as president of the united states. he claimed to be a democratic socialist, but i'm unable to fathom what the differences between a democratic socialist in just a socialist. with socialism the government owns the means of production and that's basically the definition of socialism, but democratic socialism the only difference i see is bernie sanders said the government would own the means of production, it would just control the means of production. if you go to his website, regulations and taxes a democratic socialist president presumably bernie sanders would direct businesses to what they could sell, when they could sell it, wh

i dedicated the book to carl and contained a quote from him at the beginning, carl said, the american dream is alive and well in this country of ours. i know it, i've lived it. and he did live it and it's one of the reasons i think carl and i got along so well, i also lived the american dream. i was born also in northern ohio, cleveland, ohio, in a working-class family as elizabeth said my grand parents are immigrants of this country. they left the austria-hungarian empire because there was no chance for success in the country. as a matter of fact if they stayed rather than addressing you at the freedom fest oiled be baldless toothless farmer in farm in scoff akia. they left to come to a country where there was opportunity, they came to the united states. we were working class family but back then, some people out there that are close to my age. we never really thought ourselves as working class. everybody seemed to be working class, the kids i went to with were working class, on tv everybody was working class. ewe knew there were rich people and existed but it wasn't that you hated t

met carl but i met lou many times. carl stokes didn't want martin luther king there, by the way, cleveland elected somebody on tuesday and the following monday they were in office, he didn't have any time to do anything, he just did it. this is a victory of carl stokes in cleveland, martin luther king as i said was not happy about this. this is a short clip, a day after stokes win and you would think this would be happy day for martin luther king but he's very unhappy, prescott king ebony magazine that this was the greatest snub of his life not to be included in the celebration, so the next day, though, king gives this talk, it's a very apocalyptic and goes to churches right before leaving, listen to tone and message of what he says in this. >> as a result of what it's taken place in congress concerning the poverty bill, for the first time we face the possibility of winter riots and escalated summer riots and if these omnibus development, should take responsibility for not making it so. >> all right, so he leaves cleve

carl jr.. carl was one of several as we were writing this book that we were on the line and just about to turn in the story and then we get a phonecall. friday at 4:00 in the look is due monday at 8:00. >> we go this incredible call and carl had a container of notes from his father that hey v-12 look through this? i'm like, we don't know. >> we were actually really excited about it. >> we actually called bill because bill lived close by. we were in san diego and carl was over here. bill, always comes in -- coming to the rescue. stop the presses. we worked through the weekend and with the help of carl and bill we got photographs and crucial documents and we were able to fill in a couple more pieces of the puzzle that had been a mystery for 73 years at this point. that was one of several times in the past and it always happened at the end right before they were due. >> all of those things give us something new to make this book the book that tells the whole indianapolis story and that's one examp

, carl, and roger.ost powerful brand or platform? any organization most momentum, most accretive value hands down right now. >> i was going to say google. >> roger, what do you think? >> i would say apple or amazon >> apple. >> world cup, i was fortunate to go to the final, 20,000 are diehard soccer fans. the other 60,000sh the most wealthy in the world it's not about you had wiser, not adidas, everyone under the age of 40 is holding one thing instagram. it's the most powerful in the world right now. it's a juggernaut. we're all talking about facebook its growth is flatlining, instagram is about to become what conside nast. it's not being weaponized. >> be careful. instagram will be a target of a lot of manipulation in the mid terms, because they're going to try to suppress the vote of millennial that's the place to do it. >> it's an interesting thought. >> is that in the book, roger? >> we'll have to wait and see, won't we >> go the to wait and see. >> don't give too much away. fascinating discussion,

jr. -- carl jr. -- carl jr. was one of several occasions as we where are writing this book that we were on deadline, we were just about to turn in the story, and then we get a phone call. >> like friday at 4:00 and the book was due monday at 8:00. >> stop the presses. >> so got this incredible call, and carl had container of notes from his father that, hey you want to look through this? >> we war like, we don't know. and -- we were actually really excited about it. and so we actually called bill toti because he lives close by and we were in san diego and carl was over here. andso bill, always coming to the rescue, went over there and called -- star remarks stop -- sara, stop the presses so we worked through the weekend, with the help of carl and bill, we got photographs of crucial documents and were able to fill in a couple 0 more pieces of the puzzle that had been a mystery for 73 years at this opinion, and that was one of the several times this happened, and always happened at the end, like right before things

that's why i referred to funding secure >> carl, it goes -- and, carl, it goes back to your definition. is funding secured meend locked in or does funding secured mean i had an understanding we had a discussion and they made it pretty clear to me that we were pretty much set, therefore, funding secured it's going to be one, i am sure there are already skeptics and cynics who are going, oh, right. i don't buy this but this is elon musk's initial explanation for the tweet he sent out last tuesday. >> it does sound to me that a tweet, which we know the sec's already said the equivalent of being on twitter is the same as being on, say, reuters it does say to me, perhaps, i know this is going to sound a little oxymoronic, that he felt the need to disclose it since he's had the talks and that if anything, had he not disclosed it, people could say, wait a second i'm selling the stock and he literally is putting together a bid at the same time phil, in a very odd way he may be saying to the government, i felt i had no choice i had to do this -- >> correct. >> -- because people are selling the

. >> hold on, carl.got to get to manafort. juliette, quickly, because i think it's important, this week is a sign to you that this is a failed presidency. can you talk about that quickly? >> well, just from the beginning. you had the press secretary trying -- not able to deny the president used the n word on a videotape and then you have a president who if you close your eyes when he's talking -- i always urge people to do this. sounds not right. i'm not a doctor. it is someone who is clearly fighting demons that he's creating. he will -- he just goes through all these things. he's talking about some midlevel justice department attorney as if he's the prime minister of great britain. donald trump is the president of the united states. he punches down incredibly well. but because he only punches down, it shows how failed a presidency this is. i'm not saying he's not doing incredible damage, damage that will take years to evaluate. but if i'm in the trump white house right now and i'm speaking to them righ

i wanted to bring back carl bernstein for more now because, carl, you wrote a piece for "vanity fair"run at the presidency. the title really spoke to me, the title was "nothing left to fear." that mccain was heading out trying to win the nomination, nothing left to fear. what stood out to you most when you were traveling with him for weeks and weeks for this profile? sn>> first of all, that what ha shaped him was that experience in a vietnamese prison being tortured and that everything after that experience gave him a kind of liberation and a kind of freedom to be himself and to act in terms of what he really believed was best for the country, not necessarily best for john mccain. i think we can say with great clarity that he always put the interests of the country first. when there were occasions that he came to realize that maybe he had fallen short on that, such as picking sarah palin as his running mate, a decision he came to deeply regret and for which i, among others, criticized that he went back and said this was a grave mistake for the this country not just for john mccain. th

i'm back with carl and john. that your former colleague bob woodward coming out with a new book on the trump white house. you say the scandals surrounding the trump administration are getting worse than watergate. why do you say that? >> i think this is worse than watergate because the system worked in water gate. it worked among other things, because republicans said what did the president know and when did he know it? and they pursued the truth unlike republicans on capitol hill today who have provided cover for donald trump to cover up in whatever has occurred here in this question of collusion and obstruction of justice. so that's the first big difference of why this is worse than watergate. on top of which we learned in watergate that president nixon was guilty of crimes that he, indeed, had undertaken authoritarian use of the powers of the presidency to order break-ins and it was republicans once again who said that cannot happen on our watch. the president must be held accountable. nor did we have a presid

so 2% is their target, carl. right? them to become restrictive, instead of three or four times a year, go six to eight times a year. they have to see a sustained inflation expectation that is so much further than what they think. they're on it. a lot of people saying they shouldn't be going with the target of 2% but they're on the pace to normalize things because they started at zero they have to get to normal. >> mark, some people are looking at what generally happens with the s&p in the last four months of the year. i think each of the last nine years you've at least seen a 1% gain and in some cases a double digit gain in the last four months coyou would this year be a repeat >> yeah. look i think we've had -- this is the fifth straight month of positive returns so the market's been moving in the right direction. a lot of investors on vacation and missed the run-up. if we're looking at what ends the bull market, everything i'm looking at's telling me that this market is more room to run. if i look at the fundamentals

but i just want to react to one thing that carl said. it's not just that he's using the press as a foil with his base. he is trying to impeach the media so that when facts are reported that are inconvenient to him, he can dismiss them as political in nature. and that to me is a very insidious thing. that's really, you know -- that is the stuff of autocratic states. and so while i agree with carl that the reporting has been aggressive, it's been thorough, it's been critical, there is still concern about a president who doesn't really believe in a free press. >> and carl, it is not just the lack of press briefings. you know, the president himself still hasn't directly answered questions about why his campaign lied about their involvement in trying to buy karen mcdougal's rights -- the rights to her story from ami, which the campaign claim they'd had no knowledge of, they knew nothing about the ami deal, nor has he answered any questions about your reporting that he allegedly knew about the trump tower meeting in advance. >> this president

hello, carl and everyone.s, a major explosion on a highway in italy left two dead and 60 wounded a truck caught fire after a car accident, causing the explosion and blasting a crater into the road the italian news agency says the tanker was carrying liquefied petroleum gas. >>> a u.s. delegation led by senator rand paul meeting with russian lawmakers in moscow. paul expressing hope for closer ties between the u.s. and russia >> we are in close proximity to russia in syria and other places and i think it would be a very big mistake not to have open lines of communication part of my trip and purpose to come to russia is to say we need to have dialogue >>> lance bass thought he bought the home feature in opening and closing scenes of the brady bunch, but the singer posting the deal fell through. bass wrote he was heartbroken to learn a corporate buyer wanted the house at any cost. it was listed for 1.9 million. it was purchased in 1973 for 61,000 you could say they weren't in synch. that's the news update this ho

for having me on america's carl down under the corporate media is up in arms about trump's trade war with china and a visitor to your site michael hyphen techer dot our i will say that you however thank ants not necessarily a bad idea how can a trade war be good car well when you have trade that hasn't been free for a long time but you've been selling it to people is free then making it actually free theran open is positive and if you have a ten percent tariff going one way and ten percent tariff going the other way that's free and fair or right i mean you know it's everybody everybody's equal the only reason we've had the kind of trade in belle's we've had united states over the last thirty years whether it be a good p.n.t.r. it was granted to china or will be now after is because corporations are exploited would amount to slave labor environmental destruction policies in other countries which you can't get away with in the united states we were told would never was passed that the four dollar an hour our early labor cost for manufacturing mexico would rapidly rise to near parity wi

their names are carl, virginia, and hassan. the first person i want to talk to you about is carl sharif. he was an incredible 1960's activist. he changed his name from karl dawson to carl sharif. he joined the islamic community and became an incredible leader, helped many people in my city get elected. he met me at a time that activists were pushing me to get into politics. i was thinking about shifting from being a grassroots tenants -- tenants rights organizer to run and be the youngest person to be elected in my city's history. he met me coming here was this guy, that though i have lived half my life in newark, i had just showed up from you law yale lawre -- from school. this man with such an authentic connection to the community. this is the advice he told me. he said, you need to go out and you will not win this election unless you go out and knock on every single door in the district and have a conversation with every single person. you come with a lot of spirit, energy, but this city does not need a savior. this city nee

carl: exactly.he price tag of the tariff related taken to date not move the needle on overall economic growth. so yes, it is a negative factor, but it is a relatively small negative factor. in an economy that is growing at a robust pace and is supported by fiscal tailwinds due to tax reforms at the start of the year. as we have been looking at the economic data, in what are the soft metrics, we see that definitely trade war concerns are an elevated concern, they are at the forefront and on the radar screens. when we look at the hard economic data, we do not see the material pullback just yet. certainly, we did not see it in last month's jobs report and we will be focused on the area closely in this friday's report. manufacturing employment would be one place to look. job, the diffusion index of creation, which measures the breadth of job gains, that would be the early canary in the coal mine showing that we are having some negative downdrafts from the trade concerns. we didn't see it in june, and i

joining us from the floor. >> hello, carl really simple. this is a little bit about contagion and maybe a little bit more about slower global growth. let's take a look at two big issues turkey contagion,raised rates. that obviously was to stave off and stop the contagion talk. we had earlier in the week raised rates we had a bit of shock when ten cent, one of the big global tech companies, big one in china, had a drop of about 2% this was partly on concerns about gaming slowdown and crack down on gaming by regulators it was a shock and our futures moved on that. take a look at what happened in terms of the sector laggards it's about emerging markets and commodities. there's your eem at the top, down another 3%. that's down 10% in the last week metals and mining stocks, energy stocks, materials. these are all commodity based and they've had an ugly time as the dollars risen and there's been slower growth concerns over what's the sector leaders here you can see the growth concerns because buying yields and you have utilities, real estate, con

carl bernstein was part of the "washington post" report team reporting on watergate. carl, look, this happened yesterday when michael cohen stood up and said the president directed me to break the law, people said not since watergate have we seen something like this. your reaction? >> well as you know i've said before what we're seeing is worse than watergate because in watergate the system worked and until yesterday when we finally saw some action in the judicial branch in which the rule of law has apparently had real effect, the system has not been working but more than anything what we are seeing now is the egregious conduct of the man who is the president of the united states with no regard for the rule of law before he was president, in his campaign or as president of the united states and this's what makes this whole situation so dangerous. >> what does it mean the president of the united states is now an unindicted co-conspirator in the breaking of a federal law? >> well, there's the political dimension of it and there's the legal dimension. we have a long way

bloomberg's chief economist, carl, thank you much.arter earnings call is underway. romaine bostick has been listening in. romaine, what have you heard so far? >> they are still going over the numbers and they are good. 15%, revenue 6%. everything is good on that front. notone thing they are talking about is the allegations against les moonves. the coo is also speaking on the call and has not mentioned it at all. at the very top of the call, the investment relations manager made it clear they wanted to stick stick lead to the numbers. joe: just to be clear, romaine, has the q and a begun yet? romaine: the q and they has not started. they are still going through the a has not q and started. they're still going through the numbers. scarlet: is there a time limit to these conference calls? romaine: there is no time limit. they could go on as long as they want. right now they are going over the businesses, operations, and once we get to the analyst portion of the call, we could you questions about the allegations against les moonves as wel

i'm carl quintanilla with jim cramer and david faber at the new york stock exchange.ures imply another morning of muted intra day ranges for stocks europe's mostly red. 10-year yield down to $2.94 as we get a nice mix of low jobless claims and tame wholesale inflation up .2. no revisions to june tribune and right aid. >> what about the idea of a buy jou rega out regarding elon musk. >>> nasdaq is on a long win streak tribune media has terminated its deal with sinclair, filed a suit against the company for breach of contract. this comes weeks after the fcc chairman expressed concerns about that deal. rightal aid cancels a special shareholder meeting today. no break-up fee there but kind of weird to see two big ones go away on the same day >> neither one unexpected and for very different reasons, i think important. right ate actually may be up given that there has been opposition to the valuation that was being accorded it as a back-end way for albertson's to be taken public. excuse me. it is down we did know, of course, that sinclair and tribune were in deep trouble gi

you see carl stokes. the only non-athlete in this.eks from this photograph will declare his race to become the mayor of cleveland. next he was a guy walter beach. walter was on the team with tim brown, but won the championship in 1964. they shut down -- 27-zero. he was a cornerback. shutdown cornerback. walter is still alive. we are probably talk 25-30 times about all of this. when he was going through his life as an nfl player, he was from detroit and he met malcolm x. and went to his speech up in detroit, the one we listen to the segments of. he also will be one of the last guys to talk to fred evans before the shooting starts. he is a very important guide to me. he is a wonderful human being. most of our telephone conversations and with peace and love. peace and love. that is appropriate. today is ringo starr's birthday. that is his big tagline. stokes is running. again, you will not see king with him. king was with him very much. he met with pastors. he made sure to include the militant lack nationalist at the time. this was a pic

he is carl icahn you can never count him out.lear that he's really coming with guns blazing here to try to prevent this deal from occurring. but in speaking to some of the other large holders, it is not clear to me that they will support him. mr. icahn may believe he will have some support. but many then telling me, listen, first there is significant overlap in holdings of cigna and express scripts so if you are making an argument, cigna should be paying less for express, well, it's one pocket to the other. secondly, jim, they say, listen, they're paying less than express paid for medco on a multiple basis. when you read the s4 in the background of the merger, express was citing $1.5 billion in synergies when it was already going for a high price express put out notes last night, was well received cigna's retention rate to 98% on the strength of both commercial and health plans their customers paid 1.1% more for drugs this year than last year that's half the rate of inflation. so there are plenty of people who say, i don't quite

let's welcome carl riccadonna.gop strategist earlier talking about how a solid economy is going to help the republican party. that seems to be the key messaging right now. at the same time you get these youation numbers and realize wages are getting eroded. people are having to pay more, so are they really going to feel the boost in the economy? carl: great question, and certainly relevant as we head into the midterms. if you look at what households , householdsing are in a very good spot at the moment. they are not necessarily optimistic about the future, but the assessment of present conditions is very high, and typically when those assessments are at levels like this, it does favor the incumbents, regardless of party. i don't think that this inflation sentiment really is factoring into their overall assessment at this point in time. that could change, but not at the moment. shery: what about the corporate in cpr --for reasons you got? carl: thiscarl: resulted from it rounding up 2%. i suspect this is the high wa

i am carl qu

we'll get to the bond pits. >> good morning, carl.ury rates and the dollar index pretty much highly unchanged. but where they're perched are loftily levels look at one week of tens there's been a downward drift. not many basis points. look at the chart starting in early may, we're still in a tight range. we're still trading right around the midpoint of the closing yields for the year thus far we have a 10 year note auction today. maybe we'll garner a 3%. we're three and a half basis points away. we have to wait to see i don't think it's highly likely but you never know there's so much control in the fixed income markets what is interesting about the 1% level. 1% for the 40 year and that hasn't been seen since early in january. if you look at what is going on with respect to the currency side of the equation, on the dollar yen, the dollar is very close to a one month low and year to date of the euro versus the dollars shows something fascinating, as well the dollar index busted out hovering at a 13-month high. the euro versus the dolla

carl the farmer was left in the snow outside of moscow. hines stayed in italy. and hunts who was going to rule the world got only a little patch of normandy that he could call his own. we must never let that happen to us or our country you must never let ourselves be divided by race color or religion because we all belong to minority groups i was born in hungary you are a mason you belong to other minority groups too you are a farmer. you have blue eyes and you go to the methodist church. you are right to belong to the minority this precious thing you have a right to be what you are and say what you think, because here we have personal freedoms. we have liberty, and these are not just fancy words. this is a practical and priceless way of living but we must work at it. we must give everyone liberty or we could lose our own. if we allow any minority to lose their freedom by percent crucial or prejudice we are threatening our own freedom. and this is not simply an idea. this is good heart common sense. you see, here in america it's not the question whether it's min

i'm carl quintanilla we're watching china-u.s. talks and boeing >>> and making waves in the battle against amazon, walmart reporting blowout results. the retailer has its best growth in a decade. we'll tick through the report straight ahead >>> quote, our economy is doing better than ever, weighing in on inflation and business optimism, stocks are surging this morning. >> and the ceo of twitter on why he's rethinking the core of his company. >>> let's get straight to the markets this morning stocks surging on renewed hope that a resolution in the trade talks with china could be on the horizon. larry kudlow addressing this on "squawk box. >> america is crushing it right now. the world is investing in the usa. judging by the weakness in the chinese currency, the world is not investing in china my point is a simple one, give us market openings, take down your barriers. stop trying to capture and steal technology from the u.s. and western countries. give us a chance to compete, we will sell a ton of exports to china. that's the key po

competitive carl yeah you will but you're also going to see some some rather interesting things happen the margins. and this is of course why you have so many people screaming about this year you look at apple for example they make i phones they get about a forty percent operating margin making my terms of gross selling price versus cost . the reason it's forty percent is because the screws that go into the frame internally are made malaysia by people that earn fifty cents a day or slates they're brought over illegally and then essentially have to pay bribes in order to stay in the country and so those screws cost much less well what happens if you stop all of that abuse and you bring that labor back in united states. if apple could charge one hundred dollars for an i phone start files and if you do it right now if g.m. could be charging six thousand dollars more for car they do it right now i mean that's what capitals do right you charge as much as you possibly can given the realities the market so if you stop that what happens is apple still charges a thousand dollars for i phone but

carl: $223,000. david: they say it is going to take down to 3.9%. carl: 4.8%. i think we are at a point where we will see more legal pressures -- more labor pressures, enticement to draw workers back into the labor market. as labor force participation edges higher, that will slow the dissent in the unemployment rate. that's why we saw it pick up in the june report, the good kind of increase which met more people are looking for jobs. agreesi think everyone -- will be at 2.7%. carl: just one notch below the high for the cycle. it doesn't feel like a very pivotal jobs report, right? sarah, what are you hearing from market participants? this setup has been pretty benign going into this. sarah: this is more of the same. i feel like a broken record saying this, but the -- is important here. the consensus is two .7%. if we somehow get a number above that, 3% or so, we could be going through 3% again on the 10 year. and a we did get it yesterday, but some are saying we could be heading towards 3.1% again. target to their price 3.1%, and this could be the catalyst. loo

the stock is up 2.4% this morning, carl.jim would probably mention that tesla is down, guys, but not very much. 1.3% look to be down a bit more, perhaps, before we open. 3.18 it's trading about 102 below the price that musk apparently pulled out of the air. >> right. >> roughly 20%. >> yeah. he kind of rounded up to a better number. >> yeah. but not down very much and to your point, netflix is up again. so adding market cap at a rapid flip. >> when it comes to tesla, i wonder there's so many ways you can kind of view how it played out. one of which is, look, was volkswagen ready to write a big check? did you have other long-term investors saying, fine, we'll be your strategic anchor? i don't necessarily think that was a done deal. obviously the statement the blog post that musk put out the other night, he was careful to say i still believe there was funding available in the deal. he almost has to say that. >> right having first said funding is secured. >> right it's an issue for him in terms of being nvinvestigated there's t

today sophia's cardiovascular surgeon dr carl backer sat down with us for an update.dr carl backer, cardiologistrt worked very well, almost right from the very beginning. and then she came off the heart-lung machine with a new donor heart pumping just fine. and we close everything up. and honestly it went about as smoothly as one could hope."an amazing outcome so far for a little girl--ánats of videoá who first grabbed our attention with a shout out to music superstar drake--ánats of meeting drakeáwho then surprise sophia with a hospital room visit just eight days ago, capturing his heart, our hearts and those of her transplant team at lurie children's hospital.sean lewis, reporting: "you've done 250 heart transplants. do you remember each and every one of those patients?dr carl backer, cardiologist: "i remember a lot of them, yes."sean lewis, reporting: "where's sofia going to rank on this list?"dr carl backer, cardiologist: "she'll be near the top because of her video and drake. it's a combination, good combination." (pam) the first 48-hours after this surgery are critical.if all continues to

jazz carling in herfirst is the opposite.st major championship since making the switch from 800 metres in the pool to ten kilometres. it was notjust here where water played its part. divers, triathletes. in edinburgh the ten metre platform yielded more medals in the men's synchro. silver. jack law went one better. he got his second goal in the championships. -- second goal in the championships. -- second goal. i wanted to prove myself. a different kind of dive is required for the triathlon but it is no less taxing. heading into the final section, her swiss opponent overtook her. ben proud became britain's first european 15 metre freestyle champion. a perfectly to end days of swimming, first in the really. the summer transfer window has shut. the big money was spent yesterday. £71 million by chelsea on kepa arrizabalaga, a record for a goalkeeper, he joined from athletic bilbao. chelsea showed him off today. known as kepa, he's currently second choice for spain behind manchester united's david de gea. chelsea met the release c

carl: it is moving closer to 2%. but we're not quite there.stead to "remain near" 2%, and it sounds like the same message, but it is more bulletproof if they are overshooting the target going forward. slightly,id in a uncomfortably high inflation environment. tom: can i just mentioned that the november 8 meeting is two days after the midterm elections. that plays into this. ira: i suspect at the end of the day the fed will not do anything in november and that will be our next meeting without a press conference. scarlet: they are probably happy about that. ira: i think so in some cases, because it makes every meeting live. they always say every meeting is live, but it is not. they have done for policy changes on non-press conference meetings. could it change in 2019, absolutely, because every meeting will be live. tom: right now on twitter, david -- there is a show in the morning called "bloomberg surveillance," and the professor will be with us. he and england are going after the great debate. one guy says do not raise rates, the other one say

i am carl quintanilla with morgan brennan, jon fortt. our top story is turkey.il there continues regarding the lire, stoking fears of global market fallout we have a closer look as erdogan makes announcements but nothing too specific. >> that's the point. confidence is shaken that's classic old school currency crisis recipe there currency falls, you have free falling currency and then you have a massive pileup of debt. it brings back memories to the asian financial crisis this isn't to say every time an emerging market currency plum its you have a widespread crisis like what happened in asia, but because of similarities with external debt and borrowing turkey had and other currencies and the fact bills will come due and be more expensive with weaker currency, and the fact that you're seeing a little contagion in other emerging markets, ones with weaker economic policies, big fights with president trump, like china, mexico, like russia, that's why we're watching carefully because we have seen this kind of fear in a local currency that's not a big economy spiral i

talking about privacy differences between cook and zuckerberg >> all of the above, carl. way i look at this, this is not something where they go out and promote their way to a high multiple apple tends to be in the show me world, right they deliver results and let people make a choice about it. and that's old school. i'm old school i'm a big fan. the products for all of the concern people had in the transition away from steve jobs to tim cook and the notion that somehow they would lose their magic on product, that hasn't actually happened. to me the future for apple is it remains very bright. i think there's a very real chance as this privacy stuff becomes better understood, consumers will shift away from android and to iphone products and to the apple ecosystem simply because apple has demonstrated a serious commitment to its customers, not treating them as users, not treating them as the product but treating them as actual customers. >> roger, what do you think the psychological impact of an apple hitting the trillion dollar mark could be in terms of other companies pot

mientras que el condado los bomberos todavÍa combaten el incendio carl que estÁ sofocado en un 45%, elferguson se extendiÓ y ya son casi 81.000 acres los que han devorado las llamas. este dÍa se rindiÓ homenaje a combatiendo las llamas del informe comercial. >> se movilizaron deceomberos p despedir a uno de sus compaÑeros. honrando la memoria de brian quien muriÓ cuando combatÍa el incendioforestal ferguson. >> tristes por la vida que se perdiÓ. >> un puÑado de personas mostraron respeto a la procesiÓn que detuvo el trÁfico si elevaron una bandera en honor al fallecido. dice que se siente muy conmovida por el apoyo ya que llegaron bomberos de mbson una unida y decidieron manejar para acompaÑarlos, un equipo Élite de bomberos muriÓ ando un Árbol cayÓ sobre el cuando realizaba un estudio tres dÍas del pues habÍa cumplido 24 aÑos iba a convertir en padre de su primer hijo. cientos se dieron citapara despedirlo y dar un minuto de silencio por una vida perdida. ♪ >> a los que lo estÁn apoyando, aÚn son cerca de 3000 los bomberos que siguen combatiendo las llamas y con el corazÓn en el puÑo.

hometown favourite carl frampton is a star attraction.veryone has an amazing job. everyone and the fans are backing us is going to be a special night. was going to happen in the ring tomorrow night? i'm going to win. i don't predict anything else but i'm going to win. tyson fury is also back on the card. the heavyweight champion wants to set up a classic windows to fighters later on this year. i just want to do my best. i'm not trying to send any messages out. and would also be looking at the future, how important is it to not be complacent? i'm looking past francesco pianetta. i have trained hard and prepared well. that's all i can do. if you listen to them. their fight and the clash with luke jackson on bbc five live though. well as thomas mentioned it's a really big fight for tyson fury if he's to realise his dream of becoming world heavyweight champion once again. as our boxing pundit steve bunce explains — fury already has more than half an eye on his next fight. ringside here in belfast in front of 25,000 people outdoors under the e

carl bernstein is joining us. you said this is worse than watergate, but the difference is the political climate. listen to senator bob corker today. >> i can't imagine people who are familiar with what's been going on at the white house are particularly surprised, but i realize the actual statement of yesterday is -- it makes it real. >> carl, what is the responsibility of republicans in all of this? >> well, certainly the republicans on capitol hill have been craven and have enabled trump's coverup, they have enabled his continuing lie without calling him in to account and they may or may not pay dearly in terms of their political lives, but this is a moment of truth for the republican party. they do not have to condemn or come to the aid of donald trump but people on capitol hill in the republican party need to say we are for the rule of law and this president has shown in the last week particularly his utter contempt for the rule of law. >> i know that viewers at home see the developments, legal cases, and are

because they go to carl's point. this president has very strong authoritarian instincts, and we don't know what he's going to do if cornered. he could be like a -- he likes to use animal analogies. animals when cornered strike out. and i think that's the intention, part of the drum of all of this is we don't know what he's going to do next because he will knock over all the norms. he is very destructive. he is contemptuous, contemptuous of past traditions and people. and this is all about saving him and preserving his legitimacy. and i think we are in very, very unknown territory. i don't think the danger, frankly, is that of civil servants, national security officials feeling inhibited about talking to the president that problem has been out there since the beginning. i think the real issue here is whether the president is going to knock over all these norms, and whether the next president is going to go back to tradition or whether the next president, we're going to be in a wholly different place in our society whe

. >> even better you know, carl, i'd note from broug braughton capital. >> will she make it out of thes. they're seeing such capital in the freight market you have not only delays for some shippers, some shippers can't get trucks period to move their goods we'll be hearing much more about this in the coming weeks and months >>> still ahead, cnbc les moonves staying sintle on the allegations at the earnings call yesterday. and tom rogers weighs in 0 on the future of cnbc duncan just protected his family with a $500,000 life insurance policy. how much do you think it cost him? $100 a month? $75? $50? actually, duncan got his $500,000 for under $28 a month. less than a dollar a day. his secret? selectquote. in just minutes, a selectquote agent will comparison shop nearly a dozen highly-rated life insurance companies, and give you a choice of your five best rates. duncan's wife cassie got a $750,000 policy for under $22 a month. give your family the security it needs at a price you can afford. when it might be time to buy or sell? with fidelity's real-time analytics, you'll get clear, acti

back to you, carl. >> we'll get to rick santelli in chicago.rning, rick >> reporter: good morning, carl. you mentioned the feature of the 10s. look at a one week of 10s. keep in mind, we popped out of 22 sessions of 2.80 closes on the 23rd of monday on that friday, the next start charts and you can see how this is going to be the lowest yield close. we get in the stretch should it occur. rounded to 2.95 is the lowest yield close in the curve so far. it's been a tight range coming out a tight rate for a long period of time if we look at bunlds, the patterns are the same but the amount of wiggle or the spread between the two oscillates a bit. the important feature continues to be it is one market it's just a scaling issue to some extent. but that scaling issue where the yields actually are in relationship to the entire is something mario draghi will have to pay close attention to. we look at what it going on in china. it's the same story almost day after day. their currency keeps moving lower. we have to monitor to see how they deal with capital

carl bernstein, legendary reporter in terms of watergate.or on cnn and one of the people who wrote the story along with a political appointee in the obama administration. he has been harshly critical of the president. he has said that this is the greatest challenge of the modern era for journalists to report on a malignant presidency. when it comes to donald trump bernstein has not been unbiased. an interesting show on sunday. >> sandra: after that big summit in singapore talks between the u.s. and north korea seem to have hit a snag. why president trump now says china is to blame. >> jon: how lawmakers are reacting to bruce ohr's questioning behind closed doors on capitol hill. >> you have to tell the truth, the whole truth and nothing but the truth. the f.b.i. should do the same thing when they give a warrant to spy on a fellow american citizen. that's as wrong as it gets. he was a cutie! and if you go down, that's me, above him. you won best looking in your senior year of high school? somebody had to win it. my best high school moment was