caterpillar the interesting. just look at what they've done recently and what they've reported over the last few quarters you know what, i don't think this is over for them. i think there are a lot of different names right now. i could have gone boeing caterpill caterpillar, which i did there's multiple other names out there, but it seems to me like caterpillar still has plenty of upside >> another china play. sx >> and a bit of a china play >> you sold both wynn and both royal caribbean, what's hard err to sell? >> loser >> why >> for me. >> there are disciplines i try to put upon myself the stock in this case if it drops a specific percentage i have to be out that's what i did with wynn. it was painful i didn't want to sell it i still believe in the company the dependence they've got on mccow can be a good thing. >> all roads lead to china >> shows you how much they're affecting things >> what's the percentage where you say i got to sell? >> i think about 15 to 20% depending on the stock and where they are >> b

there's a lot of reasons right now to see caterpillar you say maybe it starts to move back towards theup in the 170s from where it is right now. >> pete, nice to see you exotic port of call. i tend to agree with the thesis. what worries me is the valuation relative to the s&p is a discount it's usually been the harbinger of bad things to come. are you award about this earnings cut that is implied by the valuation. >> you know, no, tim matter of fact, when you looked what had he said in their earnings report and the guidance, it seems strong. when you look at the business model, 50% north america a lot of that construction related. if we believe what we're hearing from washington, d.c. and loy the of work that goes into the field, that could be a bigger growth factor going forward than it has been already. they've got 50% international obviously, as well so there are certain pockets where i think we might see weakness i think there are other pockets we'll see strength oil and gas, you talk about these names all the time that's oneof the areas where they she a lot more growth into the fu

boeing, caterpillar, 3m. these are the industrials. these are most involved in the trade wars, you can see caterpillar for example, down 2%. also, let's take a look at tesla, as our own charlie gasparino, breaking here on fox business, we told you yesterday that morgan stanley stepped out and stopped their coverage of tesla. well this is why. elon musk has retained morgan stanley as his advisor for the tesla privatization attempt that we all heard about back on august 7th when he said he was taking the company private and funding was secured. so that is who he is is now hired as his advisor. tesla down a buck 54. we'll look at l brands. this is parent of victoria secrt and bed bath bodyworks. analysts hitting it hard, structure is not quite set. bed bath off and big laggard on the s&p 500. ad -- advanced micro got a late-day pop. connell: thank you, nicole petallides. melissa. melissa: china is responding with new tariffs of their own as president trump is attacking attorney general jeff session is jet again. hillary vaughn live at the

let's start with caterpillar, the stock down the last few days.he ceo tried to quantify it. >> those tariffs had minimal impact on the quarter but are expected to impact the second half material costs by $100 million to $200 million. we expect freight costs to remain elevated as we ramp production to meet higher demand. alix: what did you learn? joe: a company coming out and giving us hard numbers, $100 million to $200 million lost on the tariffs. the thing offsetting that is pretty good demand. i think the question analysts or investors are looking at with caterpillar and the broader discussion of terraces, one, tariffs, one,of where are we on the global growth cycle? two, how much will the tariffs impact demand destruction? i think that's the question you're going to see from them, not only from them, but that analysts are asking after earnings from steel companies and aluminum companies and others. alix: i'm glad you brought up aluminum. you just got off the phone with the ceo of century aluminum. what did you learn from the quarter? joe: it wa

look at caterpillar. always a trade-related stock. it is down 2%.de-related stock. it is down this morning just over 1%. so maybe it's worries over trade that is sinking the dow because at this moment the dow industrials are down 119 points. there was a sudden drop, literally 20 minutes ago. all of sudden down we go. we're still down almost 120. >>> alibaba at the beginning of the trading session went trade up, very solid gain. they got a revenue surge of 60%, an enormous surge in money. now they're down nearly 2%. alibaba is back to 174. >>> auto make is that build cars here and sell them in china, they're worried about tariffs. next we'll head to a ford plant in chicago. jeff flock's there. i want to know what vehicles would get hit. >>> uber expanding a freight service for small and mid-sized businesses. they call it the uber of trucking. uber is with us on the show next. they will explain it all. ♪ you shouldn't be rushed into booking a hotel. with expedia's add-on advantage, booking a flight unlocks discounts on select hotels until the day you

good news for caterpillar. some of the other names, boeing, which is "call of the day," from ubs, they take the price target from 515 and they say the headline boeing eats the world 50% upside >> i think reading the note, what's fascinating about it, just the potential for the aftermarket service market and that potential could grow over the next five or six years. i don't think people understand the commercial component as they talk about with boeing in this note, that's 60% of their overall business aftermarkets services contract, when you talk about a $50 billion component of boeing, it's very reasonable to expect this company, if you remove the trade irritant which clearly, they seem to be one of the poster childs for that, if you remove that, this is a company that, yeah, 500 is a reasonable number >> boeing and caterpillar, judge. if it's bad news about sales and trade, you sell good if it is good news, you sell good i bought stock, knock on wood. i traded the stock, caterpillar still in that. i like the

caterpillar is the poster child in demand.rs have been off and look at the steel company and put together a highly correlated name. >> at one point last night, the s&p futures were down and it goes up, the 40 basis point reversal on the spdrs, right considering how negative the headlines were overnight and you look at the industrial sector peers acting better. the two-week industrial s&p spread is as good as we've seen since mid-2016 right now so some of these other names have some momentum and they're worth taking a shot on here. >> amgen healthcare is the greatest trade no one's talking about >>. >> it led the market in july we talk about value versus growth and one of the value plays has been in healthcare and amgen specifically, we talked about when they reported and we said it's got to close above 200 and that's the point chris was making from the beginning of the year and the valuation it's hard to knock amgen and if it did close above 2 sxhun 00 and it s itself higher. >> the biotech companies that you worry about the p

and those kind of places caterpillar stands out to me as one doing virtually everything right, sort of like boeing, but these guys have been hurt more and they're ready to pop. >> quick on the market, we all probably expect some form of a pullback it would be good probably that we had a pullback in the marketplace. we had this conversation yesterday -- >> why would you get it now? >> who knows generally when corrections come about, there's not a fundamental reason that you can point to again, i go back to what i said yesterday, dhoos with sentiment. the conversation yesterday about the embracement of this rally, i just think the memory of '08, the memory of what happened in 2000, it's still fresh in so many people's minds that i don't think people have embraced the rally just yet and i don't think positioning in leverage is necessarily in the place where you're going to see a very deep decline. yes, a modest correction, absolutely and i think again that leads you back to the narrative of what we're doing right now, which is trying to find opportunity in stocks that maybe have not pe

we are seeing a selloff in boeing and caterpillar, copper is hauling. -- falling. you evaluate these vulnerable stocks and sectors and say we will buy at a certain level because they are not going to go out of business, and they are valuable at this point? kate: we focus on buying the dips and ignore the trade headlines. focus on a longer-term strategy to make sure you are buying -- building a long-term portfolio for your horizon, and ignore the short-term uncertainty, unless you see a dip that fits into your longer horizon. this is not the time to be making major adjustments in your portfolio around these headlines , because they tend to be fleeting and for most investors, that is not what matters in terms of achieving your long-term financial goals. caroline: it is interesting we are getting long-term reaction from the market on the back of this case. the s&p 500 turning negative on tariff tweet -- as well. how do you manage to focus your portfolio when you have such exposure to ongoing trade do you have any insight as to how these issues can be eventually overco

caterpillar was the biggest loser. apple is of course the biggest winner, as well.jump in japanese yields overnight which tends to correlate. michael santoli, let's see how you characterize the market today, slow to panic but hard to excite. >> you took the bait. i knew you would. would you say that applies to me, as well? that is the reason i seeded your question. that is the way it has been. i think today was a mild stowback from a pretty strong july, not really serious selling pressure. it is difficult to gather momentum when the market continues to hold the uptrend. it had the jobs kmb coming out. i think there is a little caution ahead of that. and also there is just the sense of not too many catalysts. >> mark, if we didn't have apple today would we be getting a lot more nervous in terms of whether the market can get positive momentum behind it >> i don't know if i would characterize it as nervous but it would be a little bit disconcerting. we are coming off a very strong july. some profit taking was probably in order. we are seeing a resurrection of trade thr

although now now historical one does does can you you had a caterpillar. major. orders which most closely followed every tree normal down down to two and one quarter percent respectivel. the saudi has had no reports calling on them and this literature. on the stock can't get on wednesdays. or the long awaited latest initial called by frank sinatra. government insists its main main committed to an ontario which if it just does take place could beat me because it is history. projects also i find. he seems. twenty hours institutions. tactical turns out well decision they say. and and leave the fourth fourth. seven remember now up to post post. trying trying trying trying. 261% center [inaudible] june heating. there's nothing wrong. one time time causation. firms as all following [inaudible] this [inaudible] changing [inaudible] yeah [inaudible] competition [inaudible] what? since the deal if she because they can't change. easily earth earth but but is this. well well his knee is that is that heh heh which we thousands of and he's not a not a states if they want. a h

in that particular class i the person hungry caterpillars through that famous children's book, right? if someone is trying to read from the front row here correctly, we have a parallel for environmental law in children's literature, right? it is less the hungry guy, dr.ar as is this seuss' lorax, a book published in 1971 after the national environmental policy act and the very first earth day, two years before the endangered species act, all right? it told a story that is probably familiar to many of you from your childhood, and/or more recent babysitting gigs with younger kids. it tells a story about a who visits a kind of lovely, happy valley, and proceeds to cut down trees in order to make a commercial product, a garment. which to be fair, "everybody needs." the ones in the process of, he is in the forest, right? he eventually meets a woodland creature who does not care for this destruction of the habitat. the creature confronts the entrepreneur. lorax, iid, i am the speak for the trees. again, sadly in this story, eventually the trees and the woodland community support his busines

however, he had doubts that the legs could cope with rocky surfaces, so he showed them this, his caterpillar. inspiration for a more robust design. i was honoured that nasa, they invited me and of course, i promoted the beests very much there. do you think one of your strandbeests will end up on another planet now? i don't think so, but i hope so. nasa is still working on a final design, but whatever they come up with, it will owe something to theo jansen‘s strange, beautiful, windborne creatures. david sillito, bbc news, scheveningen in the netherlands. that's it. now on bbc one, time for the news where you are. have a very good night. hello and welcome to sportsday. i'm tim hague. this is what is coming up. there's more gold for great britain at the european championships. adam peaty and co win the mixed 4x100 metre medley relay in record time. the final evening of competition in the sir chris hoy velodrome sees silver for katie archibald in the women's omnium. aston villa are in trouble off the pitch, but on it they impressed, winning their first game of the championship season at hull ci

the hungry caterpillar is this lorax, a book published in 1971 after the national environmental policyact and the very first earth day , two years before the endangered species act, all right? story that is probably familiar to many of you from your childhood, and or more recent babysitting gigs with younger kids, right? it tells the story about a starts, visits a lovely, happy valley, and proceeds to cut down trees in order to make a commercial product, a garment. fair, "everybody needs." of, hes in the process is in the forest, right? meets a woodland creature who does not care for this destruction of the habitat. the creature confronts the entrepreneur. ,gain, sadly in this story eventually the trees and the woodland community support his business and the lorax will end up disappearing. there are some trees around the end of the book that indy hope we learn from this that we would do better the next time, all right? again, this goes back to this question, right? the right to lorax speak for the trees. the trees do not hire him, never put him on retainer. he asserts he has their inte

boeing and caterpillar lower on trade fears. now bouncing back.ctor, billing at its highs on pace for the best day since april. we are not seeing as much of a recovery, a turkey related etf. this could be the eye of the storm. down 15% since last friday. 2.9%, risk on day, down it is interesting to see if this does return to the u.s. market. stocks,ery not just for down 1.9%. take a look at the sea of green we have here. the screen was red except volume, which was green. now we have the energy complex fire -- higher. a bit of a bounce back. on the year, not so much. index, at this point down 6.1%, the worst year since 2015. it will be interesting to see whether this weakness as time goes along each into the gains we are seeing. on the day for stocks higher. mark crumpton. mark: china will send a team to washington this month for talks to diffuse the escalating trade dispute. larry kudlow said talking is better than not talking. it would be the first between senior u.s. and chinese officials since june 3 talks in beijing ended with no settlement. t

i think about caterpillar in particular that's bell weather. in the cross hairs of a trade war m i think it's priced for a recession. i don't see a recession coming it's like the market is saying these issues are going to result in one and caterpillar is going to get taken down. >> after the beat, this was a beat and raise >> forget about that that's a great point there are a lot of stocks out there that i would also call industrials like intel that beat in the quarters. raised their guidance and yet they haven't we are formed well. that tells me they are sectors still yet to come. >> maybe they are their own worst enemy. maybe there's a bit of a credibility issue. >> that happens. >> you can't say high water mark then three months later >> a lot of what happens is not there. >> he obviously regretted that statement and managers. >> reporter: swere saying let's script this out. >> one thing about industrials and industrials ceos for that matter, one of the major drivers of earnings is out of their control, which is the business cyc cycle. so th

they take their big caterpillar, they lift them up and drop them right in the middle of their pool. >u guys ready to ride these in the pool? >> yeah. >> yeah, dude. >> that's going to -- >> how many times have you thought about doing this? this is an aboveground pool. >> yeah, i know. >> if this thing survives i will be impressioned. >> i think they need to get a second above ground pool and jump between them. >> that's a great idea. >> you're welcome, roman, i'm looking forward to the next idea. >> he's like we've already thought about that, the pool's on its way. >> i can turn left. >> roman gets on there, brittany gets on there. that's pretty much all you can do. >> that's super fun today. i wluf a weird idea turns into reality. >> let's get outside and jump in the pool with some watercraft. what a fun day. seriously i've always wanted to try something ridiculous like that. and i'm glad he did it. >> because he can. >> because can he. >> yeah, their home, their backyard is what a lot of people would make outings out of. >> it's a playground. the shenanigans that youtube built. >>>

boeing, wal-mart, goldman sachs apple and caterpillar accounting for half of the dow's gains, we'll have more on wal-mart by the way in just a few minutes. there are a few laggards though shares of jc penney, been a tough day for jc penney down 24% that's actually $0.60 because it's $1.80 stock the retailer reported disappointing quarterly results after recently closing more than 100 stores the company also reporting a bigger than expected loss per share while also cutting full year guidance pretty rotten report, shares as you can see down 24% today, 42% year-to-date. and look out mylan, the fda has approved the first rival generic version of the epipen being created by teva pharmaceuticals. shares of mylan slumping on that news while teva shooting up up nearly 7% to $24. shares of other rivals also dropping on the news, the generic approval comes as parent s and students face a shortage of epipen products for the upcoming school year. the fda hopes the new alternative will help prevent future shortages and also offer lower cost options for patients, that is good news. back to those majo

one of those caterpillar machines are used to make this long grave. they leg of people in it as it fills up. they have as many bodies as they can lined up. that is the cost of reform. it was their deepest desire they could have reform without any of these photos being taken. i want you to join him and behind the camera and get a he justfor his heart, wanted to tell this story that was so young when he arrived. 2018. not we did not have what we are so used to seeing on television. i think you very much. -- thank you very much. he is a really talented photographer. [applause] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] >> most of you know we are from texas. that means we talk a lot. i just wanted to add something. deb and i appreciate all the kind words that have been said tonight about us. seeing -- sitting in a beautiful room, in a wonderful city with friends, drinking wine, having a beer, enjoying the air-conditioning. we are not really suffering. sure,, we d

look at this, boeing, goldman, 3m, caterpillar and also home depot, those five accounted for half of the dow's decline. then take a look at the vix. we had light volume here on the floor of the stock exchange. was not conviction from the bulls to the downside but you can see, look at the vix up about 16 1/2%. here is a quick peek at facebook. hey, new requirements. if you have a large u.s. audience they will have new requirements to prevent organizations and individuals, to have access, exactly what they are and what they are talking about. stock down 1 1/2%. look at weekly moves overall. but that turkish lira and the crisis there, worried how that could transcend into the ecb, the whole eurozone. the euro even dropped. we have a strong dollar. that is how we ended this week. everybody ran to utilities and bond yields. david: happy friday, nicole. phil, is turkey affecting these prices? >> initially they were, dave. early in the morning, 3:00 in the morning when the news from turkey was starting to break oil prices were getting hammered, they really were. concerns about growth, conta

apple, caterpillar, boeing, 3m all higher on that news and conversation about trade talks. apple also hitting an all-time high on pace for its fourth straight record close. this stock just can't go down it seems. aptell on pace for the 23rd record close of the year. imagine that nordstrom doing well on a report that its online sales blew through the roof, beating expectations. shares hit over a 1 1/2-year high on that report today. markets this week as you mentioned before, we have the dow and s&p 500 up. the nasdaq on pace here for the first down week in three. a bit of a mixed bag when you look at indexes overall. i have to tell you, for august, this is pretty good stuff. melissa. melissa: great point, gerri, thank you. david: how to make business better in america. president trump is asking the sec to look into how often companies report results to investors. take a listen. >> the head of pepsi-cola, a great woman who is now retiring, she said, because i asked, what could we do make it even better, she said two time a year reporting not quarterly. i thought and it made s

and they just use this caterpillar machine and they just make this line gray and lay people in it and then as a fills up though put another one over here. and that is the cost of reform. it was austin's deepest desire that they could have reform without these photos ever being taken. i want you to join him behind the camera. i want shoot to get a feeling for his heart of why, why did austin go there. he just wanted to tell the story that was so young one here. it was in 2018, we did not have what were used to seen on tv. i think you very much. he's a talented photographer and i really just want to see him home. [applause] [applause] >> most of you know that we are from texas. that means we talk a lot. i just wanted to add something. deborah and i very much appreciate all the kind words that have been said tonight about us. but, we're sitting in a beautiful room, and a wonderful city with friends, drinking wine, having a beer, enjoying the air-conditioning. we are not really suffering. austin, we don't know for sure, but we are quite sure that he is not experiencing anything like this.

it was propelled by rear drive sprocket wheels, mounting capital -- caterpillar-style steel tracks. its tactical mission on the battlefield was to support the advance of the infantry over no man's land. fortunatesenhower was to welcome to camp colt two british advisors who commanded tank battalions in the battle of cambrai in november of 1917. one of the veteran officers was 46-year-old lieutenant colonel frank sommers who had been awarded his nation's distinguished service cross in march of 1915 and the distinguished service order for his leadership as a tank company commander during the battle of the sun in the summer of 1916. his son, an officer in the royal navy, have been killed in action during the historic battle of jutland a month before the song battle. lieutenant colonel summers took command of a tank battalion in 1917 and led it to the battle of cambrai where his unit fought with great success, transferred back to the united kingdom in 1918 to organize tank training, he soon departed for the united states and was assigned as a liaison officer at camp colt. take a look at

ow broke back born 26,000 mark for the first time since february led by boeing, goldman sach and caterpillar. industrials and materials were among the sector winners day, that happens when trade talks get optimistic. it also happens with metals and mining stocks. dollars weaken too. when you get technology stocks, though,industrials, financials, the point is, you have a powerful rally on your hands. and the overall rally is broadening out, that's the key, it's not just tech names, not just bank nam that are moving. we hye a v potent stew of optimism, first on trade talk,t secondlyg earnings that are not dropping in the third and fourth quarter, and the strength of the u.s. economy. all three averages are set to po their best august gains in four years. trading volume r like it is august after all. for nightly business report, from the new york stock exchange. >> getting to this point took a lot of work, andor the wk is far from finished. kayla ushi has all the details. >> reporter: president trump calling it a odeal, mex calling it an understanding, it's significant progress by the two count

look at caterpillar, these typically move about 2% on optimism from traders.hat's what's happening. these are almost 90 points in the dow just bethemselves. but something else is happening. we're getting some financial stocks starting to rally in the last two days. you've got 145 points in the dow just with three stocks right now. of course other industrial names tip clemove, not as much but 3m and united technologies. you get this roller coaster effect that brings the dow forward. anything lagging yeah, today we're getting some of the more defensive names that get a good run by themselves phizer hit new highs last week and we saw lily hilting new highs on an earnings report a few weeks ago. they had been market leaders just not today it's really about all the cyclicales >> the nasdaq breaking above the 8,000 level for the first time ever today as well and seema mody on the market site with more >> it's all about trade, signs of trade tensions easing that's providing a nice lift to the broader market it's those faang names, chips, bio tech, all participating i

caterpillar, as we said. ump. sort of take stock what a median benefits might come from at least calming of nerves. >> it's definitely been this kind of overlay of anxiety on the auto sector, for sure. it seems if it will be evolved the stocks are beaten up it's not as if they, you know, there's a high threshold for good news to work there. not too much of a surprise there. obviously, going to get, you know, yet another round of retail earnings this week. and because last week, really, the consumer picture kept things pretty much in a positive tone just the results even the individual change that faultered, you know, the top line was great the traffic was good i see gap one of the losers from last week is bouncing hard up over 3%. >> gap and l brands were a big loser last week. but otherwise favorable picture. we talked about it a lot during the course of the week for retail whether it was target or children's place or lowe's or kohls or tjx. >> i think the big question is the comment from the head of target it's

that same event that you came to in new york and we talked, we got a check that night from the caterpillarjust to expand our work into indonesia and so it's wonderfully ironic that we're talking to you from there as we talk about this again and revisit this six and a half years later. >> so, listen, it's great to hear some good news where progress is being made. just sum up for me what you're trying to do. you're reaching 12.5 million people. matt, what is it that you're trying to do? well, what we've been trying to do for the last decade or so is a model that involves loaning, giving small loans to people who are living in poverty and gary had this incredible insight from having done this for 30 years and he had this hypothesis that living -- and being in these communities he knew people were paying for water and he speculated that if we could get people access to a microloan to connect to existing infrastructure they could actually pay that loan back and -- and buy their time back essentially. so rather than having to spend all of this time collecting water away from perhaps a paying job

. >> this morning tit for tat sent trades like boeing and caterpillar lower.timately the dow fell 45 points. the s&p 500 shed nearly a point, wh sdaq shed 4 points >>> the s.e.c. is investigating tesla's buyout bid. he announced the proposal to take the car company private in a tweet. he said the financing was secured. according to "the wall street journal," the s.e.c. is looking into musk's wording and method. if it turns outtas shy, musk could opeo market manipulation. >>> the rite aid/albertsons merger is off. the pharmacy and grocer were unable to arrange a deal that appeal to contender. critics contend it gave albert sons the means to take the company public without asking shareholders. >>> do you want to work from home? this is your chance. the ecommerce giant is posting jobs for over 230 virtual or work-from-home positions. most are full-time in customer service, sales, or resources. in addition to working home they get medical and dental, a 401(k) company plan, stock, and discount on amazon products. >> you had me at work in your pajamas. >> right? sou

triple digitsl and of course, it was led by global industrial names lik boeing and caterpillar and theyrop on trade war fears. we did see a sudden reversal in momentum names that were pulling the nasdaq to new highs earlier and tech names like apple and nvidia came with new highs along with broader semiconductor china and u.s.-based internet stocks moved lower and alibaba and j.p.com, they dropped and emerging market drops took a turn for the worst like brazil ander mexico u pressure thanks to rising dollar interests and they dropped even more. most commodities are priced in dollars and they make commoditiesore expensive to buy currencies and thatlo with tariffs with aluminum and e eel with metal stocks. in the last cou weeks they're dealing with trade issues. from the new york stock exchange, i'm bob pisani from new york stock exchang >>> ahead of tomorrow's deadline being pushed by washington. as negotiations intensify, the canadian foreign minister says she's optimistic. >> we continue to b encouraged by the constructive atmosphere that both are bringing to the there is a lot of good

they use one of those caterpillar machines and just make this long grave and they just lay people in it and fill it in as it fills up. they will put as many bodies as they can lined up. that is the cost of reform. desireaustin's deepest that they could have reform without any of these photos ever being taken. that is why i want you to join him behind the camera to get a why didfor his heart of austin go there. he just wanted to tell this story. he was so young when he arrived. it was not 2018, we do not have what we are so used to seeing on tv at that time. thank you very much. i think he is a talented photographer and i'm eager to see him home. [applause] >> most of you know we are from texas and that means we talk a lot. i just wanted to add something. deborah and i appreciate all the kind words that have been said , but we aret us sitting in a beautiful room in a wonderful city with friends drinking wine and having a beer, enjoying the air-conditioning. we are not suffering. , we do not know for sure, but we are quite sure he is not experiencing anything like this. use your prayer

rial stocks took a hit o that news and boeing and caterpillar are often seen as classic proxies for tradeer co. for "nightly business report" i'm seema modi at the new york stock exchange. >>> let'surn now to artogan for more on turkey and why we should care about what's happening in thatart of the world. he is chief market strategist at f.b. riley f.b.r., good to see you again. ack.ome >> thanks, sue. good to see you. >> it's good to see you. let's talk about strategically how important turkey is and this f a he beginning of a more global trade war including china and maybe russia.>> yeah. unfortunately the global trade war, or the we're having right now doesn't seem to be going away any time soon and this doesn't help that. to put this in perspective, first and foremost, it's a friday in the summertime and any news will be larger and we've ended reaction which certainings and we've put the macro concerns behind us and you can see the switch over i today and you get news out of turkey and it escalates and the market takes advantage of it in the low-volume friday. in terms of trade it fee

however, he had doubts that legs could cope with rocky surfaces, so he showed them this, his caterpillari was honoured that nasa... they invited me and of course, i promoted the beests very much there. do you think one of your strandbeests will end up on another planet now? i don't think so, but i hope so. nasa is still working on a final design, but whatever they come up with, it will owe something to theo jansen‘s strange, beautiful, windborne creatures. david sillito, bbc news, scheveningen in the netherlands. extraordinary sculptures. i interviewed him on newsday a few weeks ago. you have been watching newsday. coming up, we'll see how instagram is changing the face of beauty. social media is boosting sales in skincare and makeup and giving the industry a makeover. you have been watching newsday. live from singapore and london. we will have more on the aftermath of the earthquake on the indonesian island of lombok. this is the scene a short time ago. the devastation and destruction has meant thousands are displaced, many don't have shelter, home is completely brought to the ground in

however, he had doubts that the legs could cope with rocky surfaces, so he showed them this, his caterpillart nasa, they invited me and of course, i promoted the beests very much there. do you think one of your strandbeests will end up on another planet now? i don't think so, but i hope so. nasa is still working on a final design, but whatever they come up with, it will owe something to theo jansen‘s strange, beautiful, windborne creatures. david sillito, bbc news, scheveningen in the netherlands. you have been watching newsday. i had the honour of meeting the artist a few weeks ago here on tuesday and if you want to catch more, allow an exhibition right here in singapore. coming up, we'll see how instagram is changing the face of beauty. social media is boosting sales in skincare and makeup and giving the industry a makeover. bands before we go, some of the latest pictures from lombok, hundreds have been wounded. 20,000 people have lost their homes or been moved out to one affected areas of the island. we will be back soon. hello there. today we see the last of the hot and humid conditions

caterpillar was pretty great. can deere live up? and that does it for "bloomberg commodities edge."e sure to catch us each thursday at 1:00 p.m. new york time, 6:00 p.m. in london. ♪ carol: welcome joe "bloomberg businessweek." coming up, a story on apple and whether or not it really is a champion of privacy. jason: we also go to the big news of the week, one must taking his company private -- elon

caterpillar was pretty great. can deere live up? and that does it for "bloomberg commodities edge."catch us each thursday at 1:00 p.m. new york time, 6:00 p.m. in london. ♪ retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. jonathan: from new york city for our viewers worldwide, i'm jonathan ferro with 30 minutes dedicated to fixed income. this is "bloomberg real yield." coming up, turkey edging towards financial meltdown. authorities failing to stem the market rout. u.s. sanctions begin to rival trade tariffs for the biggest risk in emerging markets. and treasury markets rallying, sucking up a record-breaking week of issuance. we begin with a big issue, a meltdown in turkey. >> it is no longer about policy,

however, he had doubts that the legs could cope with rocky surfaces, so he showed them this, his caterpillarand of course, i promoted the beests very much there. do you think one of your strandbeests will end up on another planet now? i don't think so, but i hope so. nasa is still working on a final design, but whatever they come up with, it will owe something to theo jansen‘s strange, beautiful, windborne creatures. david sillito, bbc news, scheveningen in the netherlands. in a moment, we'll be taking an in—depth look at the papers with our reviewers — the former conservative minister, nicola blackwood and sebastian payne, political leader writer at the financial times. that's coming up after the headlines at 11:30. now it's time for the weather with chris fawkes. we are going to see some big changes in our weather over the next few days. we put an end to that streak of hot weather across parts of southern england. highs reaching the low 30s. 32 in kew in greater london and the hotter weather in south—east england and east anglia, the last of a hot days. west, cloudless sky, heavy showers o

caterpillar was pretty great. can deere live up? and that does it for "bloomberg commodities edge."o catch us each thursday at 1:00 p.m. new york time, 6:00 p.m. in london. ♪ phones have made our lives effortless. streaming must see tv has never been easier. paying for things is a breeze. and getting into new places is even simpler. with xfinity mobile, saving money is effortless too. it's the only network that combines america's largest, most reliable 4g lte with the most wi-fi hotspots. and it can be included with your internet. which could save you hundreds of dollars a year. plus, get $150 dollars when you bring in your own phone. its a new kind of network designed to save you money. click, call or visit a store today. scarlet: i am scarlet fu. this is "bloomberg etf iq," where we focus on the access, risks and rewards offered by exchange traded funds. ♪ scarlet: tesla shareholders grapple with the possibility of the electric carmaker going private. we talked to one investor whose etf's have among the most exposure to tesla. the vanguard effect. vince burley of vident financial

however, he had doubts that legs could cope with the rocky surfaces, so he showed them this, his caterpillargn. i was honoured that nasa... they invited me and of course, i promoted the beests very much there. do you think one of your strandbeests will end up on another planet then? i don't think so, but i hope so. nasa is still working on a final design, but whatever they come up with, it will owe something to theo jansen‘s strange, beautiful, windborne creatures. david sillito, bbc news, scheveningen in the netherlands. this is mutton busting in montana. this is mutton busting in montana. this young man was on for over ten seconds and his performance picked up seconds and his performance picked upa seconds and his performance picked up a record high score and a free belt buckle. he was pretty happy with it. much more on all the news any time in the bbc website. reach me and most of the team on twitter. hello there. today we see the last of the hot and humid conditions across the south—east before it's all change by the time we reach wednesday. we'll maintain a north—west/south—east split f

caterpillar was pretty great. can deere live up? and that does it for "bloomberg commodities edge."sure to catch us each thursday at 1:00 p.m. new york time, 6:00 p.m. in london. ♪ scarlet: i am scarlet fu. this is bloomberg etf iq. we focus on the risks, assets, and rewards of exchange traded funds. ♪ scarlet: tesla shareholders grapple with the possibility of the electric carmaker going private. we talked to one investor who is etf that has the most exposure to tesla. the vanguard effect. our guest explains why his firm has a structure similar to vanguard. that returns profits to investors in the form of lower fees.

however, he had doubts that legs could cope with the rocky surfaces, so he showed them this, his caterpillarf your strandbeests will end up on another planet now? i don‘t think so, but i hope so. nasa is still working on a final design, but whatever they come up with, it will owe something to theo jansen‘s strange, beautiful, windborne creatures. david sillito, bbc news, scheveningen in the netherlands. robert wood is retiring, he is around about 82 and it will be when he retires. would you hang on that long in yourjob? —— robert redford. it breaks down into creative and educational careers, seem to be very popular. michael says i play and teach dad jazz and i hope to create in continuing. linda norris says, working with museums, definitely. an unnamed source says, i am working with museums, definitely. an unnamed source says, i am a working with museums, definitely. an unnamed source says, i am a teacher andi unnamed source says, i am a teacher and i love to make a difference in a child‘s life. lin says she wishes she could teach children unto she is 80. todayis today is the last of the hot

however, he had doubts that the legs could cope with rocky surfaces, so he showed them this, his caterpillarhe beests very much there. do you think one of your strandbeests will end up on another planet now? i don't think so, but i hope so. nasa is still working on a final design, but whatever they come up with, it will owe something to theo jansen's strange, beautiful, windborne creatures. david sillito, bbc news, scheveningen in the netherlands. extraordinary! time for a look at the weather... here's ben rich. there is a big change on the way. things will be different. there is more of what we have become used to in the south—east, blue skies, sunshine and heat, this beautiful picture from a viewer in lincolnshire. it has not been like that everywhere. also a beautiful picture from scotland, but more cloud. that cloud will affect northern ireland, southern scotland, parts of england and wales, drifting slowly into the south—east bringing rain. to the north—west, clear spells and showers, towards the surveys , spells and showers, towards the surveys, there will be another warm night and tom

the highway was being built the people who have never seen the cap before like a caterpillar that make the road when they first saw their coming and they were and the the saw they all ran away because they thought it was the giant animals returning because it goes back to the time of the china animal stories some ten thousand years ago when people when there was dynamo star ruled the world and people were very afraid of them. in fact archaeological evidence found in a cave near the highway in fort st john has shown that people lived in the peace river valley at that time. the region around the piece we have here is not only rich in natural gas it's also the northernmost farmland think canada. the region is frost free just long enough to grow oats lentils and rapeseed. the alaska highway made it accessible. the fertile land attracted settlers that one would hardly expect here potter writes an old german religious community from the time of the reformation. their simple communal life seems old fashioned together the women pickel keep cumbers and the men work the fields. they believe in p

stocks in the look at the trade wars and people or pointing to you know boeing aircraft john deere caterpillar except trucks and they've had some ups and downs although boeing seems to be dismissing it but what stocks are they absent those that we see we might look at and say wait a minute there's some greater impact to the trade wars that we're seeing other than the stocks which you might expect like i did right will boeing had earnings and that drop in the earnings. general motors had earnings trucked in the earnings so you have some of these companies that do business overseas said and that's affected the stocks not moving as fast or quick hire maybe as they what but there are still many of these like boeing is still in the not trying so these stocks really when you look at them are good buys i don't know if i'd buy them here because i don't know what the long term effects are going to be at the terrace that's the thing right now we're in this wait and see period where it's a temperate time and we're trying to find out if this is going to stick all of these times or if they're going to be l

however, he had doubts that legs could cope with the rocky surfaces, so he showed them this, his caterpillart nasa... they invited me and of course, i promoted the beests very much there. do you think one of your strandbeests will end up on another planet now? i don't think so, but i hope so. nasa is still working on a final design, but whatever they come up with, it will owe something to theo jansen's strange, beautiful, windborne creatures. david sillito, bbc news, scheveningen in the netherlands. from the netherlands to montana... a spot of what's been called mutton busting. this is the course record breaking ride from five—year—old sam vantassle holding on tight to a fully grown sheep. he managed to stay sheepback for just over ten seconds and avoided injury on his dismount. as you can see he was rather happy with his performance picking up a record high score from the rodeo and a free belt buckle. more on all the news any time on the bbc website. and you can get in touch with me and most of the team on twitter, i'm @bbcmikeembley. thank you for watching. hello there. today we see the la