carol: i'm carol massar. you can also listen to us on the radio.sirius xm channel 119 and am 1130 in new york, 99.1 fm in washington, d.c., and 960 a.m. in the bay area. jason: and in asia on the bloomberg radio plus app. in the economics section, we go to sweden where highs taxation led to surpluses. carol: but they are under pressure because of welfare needs from hundreds and thousands of refugees coming into sweden. jason: more from us. >> they are facing a lot of challenges because they have taken in so many refugees relative to their population, over 600,000 for a population of 10 million people. at the same time, there are other factors. people are living longer and the birth rate is very high. and so, this social network that we all know about, right? everybody thinks about sweden and these amazing services. it's really being strained. it's creating a lot of weird and interesting and troubling problems like what we write about. carol: step back, i think that's a really good point. this is the place where you play an incredible amount of taxe

carol: welcome to "bloomberg businessweek." i'm carol massar. jason: i'm jason kelly. we are joining you in new york. carol: this week's issue is about the space race. jason: so much going on. tiny rockets and drug therapy at the international space station. carroll: we are talking about space aged balloon rides. jason it goes back to money. : billionaires are pouring money into the space race 2.0. carol: it is an economic story. lebron suspect what we are from our reporter who took us to spacex. jason: not to elon musk, but to a woman behind elon who is making it all happen. max: gwynne shotwell is the coo and president of spacex. she has been one of the people closest to elon musk over the last 15 years or so. she is the person besides elon musk who is most responsible for turning this into something more than a wild set of dreams to colonize mars. jason: where did she come from? max: she is from the midwest, north of chicago. she started at chrysler and moved into the aerospace industry. musk founder in 2002 when there was not a lot there. it was like, we're going t

carol: welcome to "bloomberg businessweek." i'm carol massar. jason: i'm jason kelly. we are joining you in new york. carol: this week's issue is about the space race. jason: it goes back to money. billionaires are pouring money into the space race. carol: it does come back to money. our reporter took us to spacex. jason: a woman behind elon musk is making it all happen. max: gwynne shotwell is the coo and president of spacex. she has been one of the people closest to elon musk over the last year and a half. she is one of the people most responsible for turning this into something more than a wild set of dreams to land on mars. jason: where did she come from? max: she is from the midwest, north of chicago. she started at chrysler and moved into the aerospace industry. musk found her when there was not a lot there. it was like, we're going to make cheap rockets and make spaceflight cheaper and eventually get to mars. gwynne said, we will have to sell some of these rockets. she had to convince nasa and some of the private telecom companies to trust a rocket company that

carol: i am carol massar.ou can listen to us on sirius xm channel 119 and a.m.1130 in new york, in boston, washington, c, and in the bay area. ason: and in london. in the feature section, we take a look at the demographic problem in japan. the population is getting older and shrinking. carol: as a result, there is increasing demand for the services that clean out and dispose of the property the elderly leave behind. jason: it is an amazingly big business. here is jillian goodman. jillian: japan has had seven consecutive years of population decline. it creates problems in a lot of ways, but it has created a roblem that has the sole industry, it is this whole industry of people who come and clean out the homes and find new homes for those goods. jason: what is it that is behind this from a japanese perspective? in terms of history, i guess. jillian: one of the things we cover in the story is this japanese concept that is basically about the idea that things have a life beyond the life you have with them. things

carol: and i'm carol massar.an listen to us on the radio and on a.m. 1130 in new york, 99.1 fm in washington dc, and a.m. 960 in the bay area. jason: and in london and asia on the bloomberg radio plus app. in the business section this week, collateral damage in the global trade war. carol: we have to think about chinese actions against american brands that could hurt the mainland partners. jim: unlike the u.s., where we have a trade war and we say that is bad, in china what they normally do is whip up the public to boycott the products from countries they don't like. in the past, that has been very detrimental to companies that want to do business in china. china is the largest market in the world. you don't want to upset the chinese populace. beijing tends to use that as a negotiating chip. that has happened before with south korea. we use in the story an example of a retailer that has 99 superstores in china. when they got into a territorial dispute with china, the chinese media which is state-controlled said i

carol: welcome to "bloomberg businessweek." and carol massar. jason: and i am jason kelly. carol: coming up in this week's issue future with robot taxies. , awe will introduce you to a pioneering driverless startup. jason: and how best buy is surviving and may be driving in an amazon world. carol: first, we start with a cover story. we will take a look at president trump's trade policies. jason: we look at the applications of the policies around the world and here at home. carol: and the destruction of the trade policies and how lasting they might be. jason: we talked with taylor riggs. peter: he is making changes that are likely to endure for a couple of reasons. one is, a lot of international commerce has to do with trust. it is not just the words that are in the trade treaties. or the phrasing in the wto. it is the sense that countries have that open borders, and free trading is good from both sides. if that trust goes away, you feel like the other party is trying to hurt you, and it can cause a corrosive damage that is not reversed easily. and then you have the fact we

♪ carol: welcome the bloomberg businessweek. i'm carol massar. jason: i'm jason kelly.arol: a conspiracy to put a president on trial. >> life without angela merkel. carol: this issue is all about height. >> we go digital. cash getting stolen using the internet.' carol: probably still going on. >> at robinson has more. >> this is a big break in a case that has been legendary inns at least 2013. a whole network of banks in russia, other eastern european countries, germany, the u.k., and taiwan, has been spitting at cash from atm's. and these mysterious characters have an collecting the cash and making off with it. the authorities have been chasing these mysterious cyber thieves for a long time when i got a really big break in 2016 in taipei. one of the thieves dropped a bankcard, just dropped it. for the first time, the cops could get their hands on something physical that was a lead to the gang that had been running what had been known as the carbon act's ever theft. >> i want to take you back to something you mentioned right there, which is it feels almost cinematic, li

carol: and our mobile app.lan at the space agency to do something that has never been done before. carol: bring peace of a planet back to earth. >> the caesar mission is a team s, people led by steve squire a professor at cornell, who successfully led to b-- the mars rover mission. this is going to travel out to a specific comment -- >> a well-known comment? -- comet? >> 67p. comets are very important to nasa. .t is a top priority there is a lot of organic in pristineues condition that will give us answers to questions about the beginning of life. jason: what you take away from writing this about how a mission gets put together now? i can't speak to 30 or 50 years ago. i think the mars mission is instructive in terms of just steve putting together all the pieces. he is in competition with another project. newasa competition, billion, aup to $1 pretty healthy sized budget. the difference today is you are building on everything that came before. there is so much research at your fingertips so you can figure out,

carol: i am carol massar.an listen to us on sirius satellite radio and in boston, washington, dc, and in the bay area. jason: and in london. in the future section, we take a demographic problem in japan. the population is getting older and shrinking. carol: there are increasing demands for the services that clean out and dispose of the property the elderly leave behind. japan has had seven consecutive years of population decline. created as it has this whole industry -- is this whole industry of people who come and clean up the homes and find new homes for those goods. that is behind this from a japanese perspective? jillian: one of the things we cover is this japanese concept that is basically about the idea that things have a life beyond the life you have with them. things are reused. that is something in the post-world war ii economic boom seems to have been forgotten in a lot of the culture. thegs like the collapse of 1990's, the big earthquake and tsunami, brought that back for a lot of people. >> so many

i am carol massar. carol: i'm jason kelly.arol: -- let's not forget that this issue is all about heists. jason: jason: we jason: go digital and look at something happening all around the world. cash getting stalling. and robinson has more. >> this was a big break in a case that has been legendary. since at least 2013. a whole network of banks in russia, other eastern european countries, germany, the event and taiwan had been mysteriously spitting out cash from atm's. these mysterious characters have been collecting the cash and making off with it. the authorities in all of these countries had been chasing these cyber thieves for a long time. they got a really big break in taipei. one of the thieves dropped a bank card. for the first time, the cops could get something on their hands that was a lead to the gang that have been running. jason: i want to take you back to something you mentioned. it feels almost cinematic. you can like the opening of a movie when you read this. unsuspecting people are walking up to people. in front

carol: exactly.nating story. >> through the process, jane walked into what she thought was just a meeting with her boss one day and there was an hr rep there. three got three choices. number one, leave and take severance. number two, go on a performance improvement plan which especially at amazon is it legendary kiss of death. and number three, engage in this kind of jury of your peers style thunderdome where she and her manager would each express their point of view and then after oral arguments and written statements, the other amazon workers would vote on what happens. >> how does that work? >> the selection assets is like a conventional jury selection process in a court of law where she is advocating for herself, but has the option to dismiss certain panelists who she is worried will be less than -- the other choose your own adventure of component piece of that is that she was able to choose from basically a panel of three non-managers or one manager to hear the case. >> her boss made a presentat

nephew, daniel carol. if these titles and names confuse you, one of the reasons we are here is because everybody is confused about who always people are. this is the 25-year-old owner of the 1400 acres where the capital itself is cited. this book follows the development and the enormous risks he took to create this great monument to democracy. he paid for it. after the destruction of both his professional home and the early days of the founding of capitol hill, right where you are sitting, through the destruction of other key land and improved properties of his daniel caroll stood propertiesther his in 1814. he stood for the rebuilding and improvement of the area that is today, capitol hill. with the balance of his life. my personal hope is that this book will stand for the same belief for all the early and building a better city, a better country and a better world. this is a special day for my co-authors and all of you who have worked hard to see this book published. also, for all of our descendents. the

i won't get anything. >> carol mersch?we met earlier claims the bibles belong to her, not jonathan. you're not a family member. why would be entitled to any of the stouts' property? >> that's a subject that is complicated and up for review by the courts now. >> carol's story goes back to 2005, when she was interviewing 14 astronaut edgar mitchell for a book she was writing. she says she noticed this photo in his office showing mitchell shaking hands and handing something to the man on the right. >> and i said, "who is that?" and he said, "well, that's the reverend john stout. i had just landed the first bible on the moon, and i was giving it back to him," and that kind of set me off on a journey to find out more about that man. >> carol also buys a lunar bible for herself from a private dealer for $50,000. >> and i asked the dealer where i could meet john stout, and he said, "well, he's senile, and he doesn't remember any details." >> carol tells me she hires a private detective and locates the 87-year-old stout in 2009. r

carol: building a car turning

thanks very much, carol. carol will be with us through the morning with the latest for you. the hours of 11 and three, the warning is to stay out of the sun. you mentioned quite a few of those involved in the tourist industry, to stay out of the sun. others are saying it is a good thing. and others talking about the nanny state gone mad. ? are under threat because of crops. firms being told by the tuc to let staff work flexible hours. of course, there are warnings for dogs as well. dog owners are warned to walk their pets in the morning or evening. lots of different things about the heat. some of you and i imagine are enjoying it. i was struggling last night to the first time. i've been in russia. its hot there but i was in the hotels are there was a conditioning. we are not prepared in that way. we are not prepared for these sorts of things. we sent step outside to cool down a bit. it's lovely out here, there is a lovely reviews. you can see the studios just finders. i get the pleasure of being outside and it's because we are talking about holidays. 2.5 million people jette

there are many daniel carols in my day. all of them fine and good men. this particular one was daniel carols of rock creek. and through marriage, david relative. one of the immediate challenges, now i own all of that land and particularly the core was privately owned. some of it in considerable amounts by a small number of owners, proprietors as they were considered. i found myself in the position to negotiate and manage a group of men with widely disparate interests. and to diffuse those interests, those divisions, those factions. it is the real reason that my hair turned white, truth be told. written in my diary after meeting the proprietors, the interests of the landholders about georgetown and those about carol's berg and that their , fears and jealousies of each were counteracting the public purposes. and might prove injurious to the public purposes best interests. whilst if properly managed, they might be made to's absurd -- to subserve. this was a tense time, where self interest amongst too many captains, could sink the ship. we had a rather inten

carol would normally be with me.ngers crossed she gets to do that. we have a theme of many mothers, female tennis players, coming back after having had babies. serena williams is one of them, and is in great form. serena williams continues to impress, racing into the third round in devastating style. the seven—time champion said she's "trying not to put too many expectations" on herself" but was still too powerful for the bulgarian qualifier viktoriya tomova who she beat in straight sets. it was better than my first round, you know? so, iam happy thati it was better than my first round, you know? so, i am happy that i am going in the right direction. how close are you to your best wimbledon groove? i am getting there. i am not there yet. i expect to get there and continue to go there, but only for wimbledon, but for the tournament is to continue in the future. -- tournaments. serena's sister venus had more work to do for her second—round win. the five—time champion came from a set down to beat romania's alexandra dul

carol: welcome to "bloomberg businessweek." i'm carol massar. jason: and i am jason kelly.ming up in this week's issue, a future with robot taxies. we will introduce you to a pioneering driverless startup. jason: and how best buy is surviving and may be driving in an amazon world. carol: first, we start with a cover story. we will take a look at president trump's trade policies. jason: we look at the applications of the policies around the world an

<carol jones/patrick scott jr.'s mother: "i got him to children's hospital and i was bamming on the door and i said my baby's shot, my baby's shot, somebody help me my baby is shot">the trembling voice of a desperate mother, carol jones, describing her effort to keep her 27-year-old son patrick scott jr. alive. he was shot to death back on februrary 3, 2018 just before 11am while waiting at this bus stop on 62nd and market street in west oakland. children's hospital is the nearest medical facility to this locationpatrick scott jr.'s murder case is being investigated by the oakland police department and the f.b.i.'s joint homicide task forcesotsot

i'm carole walker.dlines: the prime minister warns conservative mps they are putting brexit at risk by arguing over her proposals for how the uk will leave the eu. if we were going to find something that was in britain's interest, that delivered on the referendum and that was negotiable, we had to make what is a compromise, but is a positive in terms of the benefits that it gives us. the us president, donald trump, has left his turnberry resort in scotla nd has left his turnberry resort in scotland this afternoon, and is on the way to meet russian president in helsinki. police say the search operation to find traces of the novichok nerve agent which poisoned dawn strugess and charlie rowley is "the most complex and difficult uk policing has ever faced". it's the world cup final this afternoon, with france the favourites to win against croatia in moscow later. and novak djokovic says he hasn't got "much to lose" as he faces kevin anderson on centre court now for the wimbledon men's final. novak rock pitc

carol jordan/dog owner: "i guess everybody gets a good laugh out of it."that was laura caso reporting. the owner says she rescued bull and bear as puppies from a high kill the mlb the mlb trade deadline is still a few weeks away, but the giants already making some moves... sending cory gearrin and austin jackson to the rangers. that cleared the way for steven duggar to join the roster. - duggar...the 24-year-old making his first major league start. --but we'll start this highlight with a true veteran. bottom of 5th, giants down 1 with runners on the corners pablo sandoval... gets all of it... deep shot to levi's landing... the ball bounces around and eventually makes its way to mccovey cove. 3-run jack for the panda. giants up 6-4. -- --bottom 6th, duggar..0- for-3...looking for his first hit. welcome to the show rookie! slaps a double to right center... and he's got some material for the trophy case.. ball and bat case.. ball and bat for his first major league hit. he'd also add another one later on to finish 2-for-6. --still in the 6th, giants up 5. gork

carol: building

patrick breath. >> reporter: carol jones' pain is fresh five months after she heard gunfire and foundnd. she rushed him to a hospital. there she pleaded for answers. >> my baby -- is my baby still here. is my baby still living? and she said ma'am i am sorry and i lost it. you didn't have no right to take my child. i -- you had no right to pluck him up. >> reporter: jones helped to plant the tree in memory of her son patrick scott, jr shot go t grand more's house and his mother said he had no enemies. >> he was humble giant. he never was questioned by he kept to himself. >> reporter: authorities say they don't know why scott was killed. >> pat ribbing was a in-- patrick was a innocent ooting t >> reporter: but at the same time, police say someone was guns to -- gunning for him. >> i he don't want to get into the specifics of the case. i can't disclose that at this time but i believe he was a intended target. >> reporter: investigators hope a $30,000 reward will lead to answers. carol jones passed out flyers in the neighborhood wherer son -- where her son was killed. >> i am his mother

>> joined now by white house reporter, msnbc jonathan lemire and carol lenning washington reporter. white house in full damage control mode and today's meeting, all hands to walk it back. was that hard to believe i used the wrong word excuse. >> i have to say, think about what a big deal it is for the president to correct himself. he hasn't showed himself to be interested incorrecting his own statements in the past. it was clear that a lot of people laid into him yesterday and today. and we were told at the "washington post" a great team

david: good point all, jack, carol, paul. have a good weekend. >> that was a great discussion. david: very interesting. melissa: business is bracing for tariff impact. next jay timmons from the national association of manufacturers explains why his industry is calling on the white house to get china back to the negotiating table. i don't know how we know china left the table. but anyway, later in the hour steve forbes sounds off an escalating battle between the white house and china. david: a task for secretary of state mike pompeo sitting down with officials in north korea today. imagine doing that? boy, that takes a lot. working to make sure kim jong-un keeps his promise to denuclearization. jack keane, he has been very out.on what should happen next, you don't want to miss it. the retired four-star general is here to respond. ♪us but nothing says "we got married" like a 12 ounce piece of scrap metal. yo! we got married! honk if you like joint assets. now you're so busy soaking up all this attention, you don't see the car in front of you. and if i can crash your "perfect day"

<carol jones/patrick scott jr.'s mother: "i got him to children's hospital and i was bamming on the door and i said my baby's shot, my baby's shot, somebody help me my baby is shot">the trembling voice of a desperate mother, carol jones, describing her effort to keep her 27-year-old son patrick scott jr. alive. he was shot to death back on februrary 3, 2018 just before 11am while waiting at this bus stop on 62nd and market street in west oakland. children's hospital is the nearest medical facility to this locationpatrick scott jr.'s murder case is being investigated by the oakland police department and the f.b.i.'s joint homicide task forcesotsot

brilliant, carol, speak to you later.eld in belgium has provided a chilling reminder of the horrors of world war one. a team of archaeologists and volunteers have discovered the bodies of more than 120 soldiers. breakfast‘s graham satchell has been exclusive access to the site. the sun glides across a flanders field. underneath the stillness, the beauty, a destructive past is slowly being revealed. this is dig hill 80, a few miles from ypres in the belgian town of wijtschate. it was a fortified command post that changed hands five times during the first world war. the uniqueness of this site is we have the entire war on this one location, so we can tell a story from 1914 onwards until 1918. i found this metal thing and i picked it up and i thought, wow, it's a handle grade. i put it back down. very quickly. egbert is one of hundreds of volunteers from more than a0 countries that have given time and money to make this dig possible. it's the third time today but, yeah... you've found three hand grenades today? yeah, this is

. ♪ carol: welcome to bloomberg businessweek. i am carol massar. jason: and i am jason kelly.you from bloomberg headquarters in new york. carol: this week's issue is about the space race. jason: there is so much going on talking tinyare rockets and drug therapies at the international space station. carol: we are also talking comment mining. jason: it goes back to money. billionaires are pouring money

. ♪ ♪ carol: welcome to "bloomberg businessweek." i'm carol massar. jason: and i'm jason kelly.eadquarters in new york. carol: coming up in this week's issue, a question. can the republican party survive a trade war? jason: we also look at the complicated relationship, to say the least, between vladimir putin and donald trump ahead of the big summit next week. carol: but we begin with our global cover story about tesla. jason: elon musk has made a lot of promises to investors and

carol and sally are at wimbledon.ouple have a son, bear, who was born in march last year. you're watching breakfast. we're all familiar with the frustrating early morning scramble to get a gp's appointment. well, the health secretaryjeremy hunt claims that's all about to become a thing of the past. he's announced a new nhs app in england which will not only allow people to book appointments but also look at their medical records. so how will it work in practice and is it safe to have medical notes available at the touch of a button? let's ask the health minister, lord o'shaughnessy. good morning and thank you for joining us. how would this solve the problems, this app? all of our lives have been transformed by the use of technology. think about banking, we used to have to go into a bank to get our money and we can do it all online now so it's about putting people into control, whether it's booking appointments with your gp, or, as you said, looking at your own medical records. tell us about security, with online banki

. ♪ ♪ carol: welcome to "bloomberg businessweek." and carol massar. jason: and i am jason kelly. you with bloomberg headquarters in new york. carol: coming up in this week's issue, a future with robot taxies. we will introduce you to a pioneering driverless startup. jason: and how best buy is surviving and may be driving in an amazon world. carol: first, we start with a cover story. we will take a look at president trump's trade policies. jason: we look at the applications of the policie

jack". 28 years ago, carol unexpectedly became pregnant. >> i kepsaying "this can't be right. it can't be true. no." and then the thought came to me that i had been drinking. i had been drinkg every day and so i was scared. >> nawaz: as kylene grew, carol says she pesred doctors about developmental delays and behavioral issues. >> she would just start raging rage screaming trying to grab you kick you, hit you. >> nawaz: for a few seconds, a few minutes? >> oh no. it would go on for hours, hours. >> nawaz: it took six years before kylene was officially diagnosed with f.a.s.d. >> they sent me home with literature and i just i thought i am going to learn this as well as i possibly can and do everything i can possibly do toa help h undo this, try to undo it what i had done. >> nawaz: why was it so important to you? >> i wanted her to he best life she could have. i fe bad that i had taken something away from her. >> nawaz: all these years later, she says her family finds it difficult to talk about kylene's f.a.s.d. her daughter will needt.ifelong supp right now, carol is her sole c

carol: welcome to "bloomberg businessweek." i'm carol massar. jason: i'm jason kelly.ing you in new york. carol: this week's issue is about the space race. jason: it goes back to money. billionaires are pouring money into the space race.

carol: coming up, we have a very special issue for you.re going all around the world looking at things getting lifted. carol: a reporter is really following the money trail on some high-profile burglaries around the globe. jason: bees, art, whiskey, so much to cover. carol: we definitely have to start in the u.k. jason: a blockbuster

carol: welcome to "bloomberg businessweek." and carol massar. jason: and i am jason kelly.oduce you to a pioneering driverless startup. jason: and how best buy is surviving and may be driving in an amazon world. carol: first, we start with a cover story. we will take a look at pres

carol: we definitely have to

tiresome carol so i want the end of. that song if our. name. of freedom we can. promise. we cut our. money back. with our to. look it up on. our. nothing a. lot busier. than we've. q . are you. why. thank you. this song is for all the ladies. mean. every now i am. thinking that it. was she. who for. the. cyclones arrived to. you know. you can look. up you can do a little. slow slow slow slow slow slow slow. slow slow slow slow slow. slow. slow slow. done. but. you will. see one of them there's a leg to. see you know that it wouldn't be that. there. were. some. was the. only other. way. but you. were. in what you you would . to. eat. what your. feet. thank you. thank you for listening. to. one. of our. thank you so much for having us it's been such a wonderful experience thank. you . i don't know. even though it might. be. even. harder. tasty she. better not put them in your mouth. in a previous incarnation these sneakers were pieces. littering the pavements of amsterdam now thanks to a clever recycling scheme the city boasts cleaner streets and sustainable sheep. thirty m