commerce department's final decision in february. even if the two countries do decides to boycott burn the company says that's a price it's wanting to pay in order to grow or a line as the industry prepares for the arrival of competition from russian. and chinese manufacturers. meanwhile with a five point six billion dollars say let's see series planes delta airlines now in jeopardy bomb body will have t to lok for markets other than the u. s. to make saleles. and now chinese outlines are its best hope. moving on from the days of the business headlines now. the europeaean union has fid a unit of volkswagen eight huhundred eighty million eu. singer truck prices. scannining it wass accuseded colluding with five other truck manufacturers for over a decade. discussing price skate pricing schemes and how to pass on the costs of new emissions reducing technology. storm is that it will challenge the finding court. over his appeal to uk court decision about its business model what repairing a separate challenge. for transport authorities dec

and this decision by the commerce department is an interim one.2 december. if boeing and bombardier come to an agreement, well, this could alljust go away. in other news: the ride—hailing app uber is due to appeal an important decision about how it operates in the uk later today. the company is expected to tell an employment tribunal in london that its drivers should be treated as if they are running their own businesses when it comes to employment rights. if an earlier decision is upheld, drivers will be entitled to benefits such as paid holidays and the minimum wage. that would increase costs for uber and other similar companies. i will be back for the news review injusta i will be back for the news review injust a moment. a blood test that could diagnose heart attacks within 20 minutes could be rolled out on the nhs within five years. researchers say it could save the health service millions of pounds and free up thousands of beds. here is our health correspondent dominic hughes. spotting a major heart attack is relatively straightforward, an e

. >>> the commerce department is considering slapping a 220 pr% tariff on bombard areierbombard. bombard area calls the ruling absurd wilbur ross addressed the issue overnight on cnbc asia this is unrelated to nafta there have been trade complaints back and forth since nafta was started. bombardier is specific now there's a couple more procedural steps it will be some months before a final determination is made. but this, with or without nafta, this kind of action would have been brought >> shares of the planemakers today are flat in the premarket. getting a lot of attention in the uk a lot of jobs they have in northern ireland where the wings of the planes are made >> 220% is no small tariff >>> we may have to do more readingon to twitter. the company will experiment with doubling the tweet limit from 140 to 228 characters. only certain numbers of users will be able to take advantage of the room. they talked about this before the idea of potentially lengthening the characters i guess it's not taken off before today they'll try it again >> i don't know. it's not the change everyo

commerce department or somebody there pulled out a really big gun this punitive tariff of two hundred twenty percent is unprecedented not even boeing demanded that the tariff be that high and who's really right and wrong and how much should be determined by article nineteen of nafta the north american free trade agreement which provides the tracing procedures for cases like this the problem for bombards is that the trump administration has argued against this article nineteen in the current ongoing renegotiation of nafta so it's a bit in limbo at the moment whether or not the americans will play by the rules and whether they will do it quickly enough or bombards because the company is really in financial trouble and this really gets interesting because it involves europe because the british prime minister told trump to try putting a stop to this because of the factory of bombard years in northern ireland but he didn't listen. no he didn't listen and of course this raises the question whether we whether he would have listened whether he might have listened if he didn't only have to cop

in size and reputation and governmental appropriation, the department of commerce continued to grow. between 1921 and 1928, it almost doubled its congressional appropriation. in many areas of such as regulation of radio and promotion of commercial aviation and many other fields, hoover was in the forefront and remained there in government policy making. it was saying he was secretary of congress and undersecretary every other department. it was observed, "there is more hoover in the administration than anyone else, except in the newspapers and political field, there is more hoover in the administration than coolidge." temperamentally, of course, the gap between the persisted. like many other people, the secretary of commerce found the president peculiar. uber never forgot -- hoover they hadgot the dinner at the white house once. in the distance was a portrait of john quincy adams. evidently, the reflection of the light on adams' bald countenance distracted and irritated coolidge. at the end of the meal, and without explanation, coolidge ordered a servant to bring in a step ladder and

commerce department of slapped import duties 220% citing improper subsidies after a complaint by boeingthe termination threatens to a bent bombardier's plan to order jetliners. nike shares fell in late trading after quashing any hope of a quick turnaround that its ailing domestic operation. the sports were maker said it expects north american sales to decline following a 3% dip in the region last quarter. converse will also drop in the current period. that is your bloomberg business flash. anna: thank you. hitting record highs in the global growth recovery story. janet yellen says the fed should be -- not be too cautious on raising rates. manus: the fomc chair cautioned there is uncertainty around the forces keeping inflation low. >> a gradual approach is appropriate in light of subdued inflation and a low interest rate which implies that the fomc would have limited scope to cut the federal funds rate should the economy be hit with an adverse shock. we should also be wearing -- wary of moving to gradually. anna: president trump and republican leaders announced their long-awaited tax ove

commerce department is laughing a preliminary two hundred twenty percent tax on planes now the trade tension is threatening to spill over to the other side of the atlantic this canadian aircraft would const three times more in the u.s. if the u.s. government carries out its intentions but party a call the punitive tariff absurd the americans actions are designed to push them out of the u.s. market they say the canadian government is not happy about the situation either. obviously we're disappointed by the decision and i will continue to fight hard for the killing jobs the dispute is about the sale of seventy five. is aircraft to the u.s. airline delta boeing accuses the canadians of selling the planes below the cost of producing them while receiving subsidies of about two point seven billion euros from the canadian government but bharti a rejected the claim the canadians even build some of the parts for the c. series in europe. bombard builds the fuselage and the wings in belfast northern ireland. over four thousand workers are employed here but their jobs might be in danger soon tha

success the white house is unlikely to be pleased that trade figures that have just come in the commerce department saying the trade deficit increased eight and a half percent to one hundred twenty three point one billion dollars the biggest deficit since two thousand and eight in america we seek stronger ties of business and trade with all nations of goodwill but this trade must be fair and it must be reciprocal for too long the american people were told that mammoth multinational trade deals unaccountable international tribunals and powerful global bureaucracies were the best way to promote their success but as those promises flowed millions of jobs vanished and thousands of factories disappeared. so what does it mean president trump announcing a new world order maybe without the trade deals long in place is administration is currently negotiating nafta and changes with china's imminent two after trump recently announced that the u.s. might stop all deals with any nation currently trading with north korea which is of course directly targeted at both russia and china the european chamber of commer

shift oversight of international law military firearm sales from the state department to the commerce department the new rules will cut government red tape and regulatory cost boosting u.s. exports of small arms aren't creating jobs in the u.s. . more than forty countries including china france and rwanda ready put limits on the use of plastic bags kenya has even introduced a jail sentence of up to four years if you produce sell or even use them but not everyone's excited small scale vendors are worried about how the anti-plastic could impact their livelihood. plastic is a problem in kenya in a strict ban has been in place for just under a month but the new regulations present fresh difficulties for some opportunities for extortion have opened up reports of security forces stopping cars to conduct unsanctioned searches for plastic bags that spread. and small scale traders and bag manufacturers are worried about their income. my business will suffer this is the business i used to provide for my children and pay our rent so this new law will affect my business and i get it. but something had to be

commerce department or somebody there pulled out a really big gun this punitive tariff of two hundred twenty percent is unprecedented not even boeing demanded that the tariff be that high and who's really right and wrong and how much should be determined by article nineteen of nafta the north american free trade agreement which provides the tracing procedures for cases like this the problem for bombards is that the trump administration has argued against this article nineteen in the current ongoing renegotiation of nafta so it's a bit in limbo at the moment whether or not the americans will play by the rules and whether they will do it quickly enough or bombards because the company is really in financial trouble and this really gets interesting because it involves europe because the british prime minister told trump to try putting a stop to this because of the factory of bombardier's in northern ireland but he did listen. though he didn't listen and of course this raises the question whether we whether he would have listened whether he might have really isn't if he didn't only have to

shift oversight of international nonmilitary firearm sales from the state department to the commerce department the government says the changes would cut red tape and regulatory costs boosting exports of small arms and create jobs in the u.s. . last doing business with you i'll see you again very soon here on to the. jury the conflict zone fronting the powerful. this week on your job is a long good day closer to your night trade union my guest is the union's general secretary leavitt makowski to some nice hard life activists to voice to capitalism of the trade union leader who simply wants to bring about a fairer and more equal britain what's the truth. now. with. stories of people who were rolled over information from. the unions they want to express g.w. on facebook and twitter up today in touch follow us. concentrated solar power consists of using mirrors from your solar drive year from concentrate it and then you'll see it just like in a coal fired power plant to generate electricity. the energy in efficiency can be improved also further by having my p.t.o. thought can function like even hi

client "had politically influential friends and they could cause a lot of problems for the commerce department," adding he could be a bull in a china shop. question by the prosecutor, smith responded "this was probably the most threatening meeting i ever had at commerce." when pressed by the prosecution when he said his client had politically influential friends, smith replied senator menendez. >> bret: david lee miller outside the courthouse in newark. up next, kurds vote for independence. now what? ♪ there's nothing more important than your health. so if you're on medicare or will be soon, you may want more than parts a and b here's why. medicare only covers about 80% of your part b medical expenses. the rest is up to you. you might want to consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like any medicare supplement insurance plan, these help pick up some of what medicare doesn't pay. and, these plans let you choose any doctor or hospital that accepts medicare patients. you could stay with the doctor or specialist you trust... or go with so

client "had politically influential friends and they could cause a lot of problems for the commerce department," adding he could be a bull in a china shop. question by the prosecutor, smith responded "this was probably the most threatening meeting i ever had at commerce." when pressed by the prosecution when he said his client had politically influential friends, smith replied senator menendez. >> bret: david lee miller outside the courthouse in newark. up next, kurds vote for independence. now what? ♪ hungry eyes ♪ one look at you and i can't disguise ♪ ♪ i've got hungry eyes ♪ applebee's 2 for $20. now that's eatin' good in the neighborhood. ♪ >> bret: live on the north lawn of the white house. more rumblings from iraq's neighbors over the landslide result of curtis tans independence referendum. corresponded benjamin hall has the story from iraq. >> isis fighters are still out there across from the kurdish front lines. today kurdish soldiers are preparing to defend against a very different baghdad. this was built in 2015 to defend against isis. the terror group is still only . since the refe

the commerce department says the commerce department says canada is unfairly subsidizing a company and% duty taken off of those imported into the u.s. it was a victory from boeing, sellssaid bombardier jetted artificially low prices. global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. ♪ >> i am sophie kamaruddin with a check on the markets. asian stocks are looking mixed with shares in tokyo the biggest drag. you take japan out of the equation, asian stocks are rising for the first time in five days. the nikkei 225 continuing down 0.33%. you take japan out ofthe topice the softer yen we have today. this is more than half of the company. the dollar-yen is back above 112. with a lift from yellen and trump's reform plan. we have the firmer dollar weighing on asian policy. getting ahead of the central bank decision expected from thailand today. despite having advanced 8% this year against the dollar. wonkorean yen -- the korean down. we are seeing stocks in taipei leading the region higher. that is the market snapsho

gdp increased at a 3.1% increase , according to the commerce department in its third estimate. division reported last month reflected an increase in inventory investment. conrad, plainfield new jersey. caller: republicans like to talk about how bad deficits are. if they want to give tax cut's to billionaires and millionaires, what did they think is going to happen to the deficit? the problem problem -- publicans have, they have a problem with deficits under democratic presidents. in 2008, richard cheney said deficits don't matter. deficitss boss ran up like it was drunken sailors who just came into town. obama. for the eight years he was in office, 77 months consecutive months of the unemployment rate going down. that caller from connecticut wouldn't want to take that into consideration. getting obama's complexion, obama couldn't do anything right. the unemployment rate kept going down. the deficit is going to miraculously get smaller, i've got a bridge in new jersey the governor and i would like to sell to you. got your point. dallas, texas. caller: i have a question about the

commerce department has slapped a preliminary two hundred twenty percent tax on planes made by canada's bill madia saying the feud between boeing and body again altitude now the trade tension is threatening to spill over to the other side of the atlantic this canadian aircraft would const three times more in the u.s. if the u.s. government carries out its intentions but party a called the punitive tariff absurd the americans actions are designed to push them out of the u.s. market they say the canadian government is not happy about the situation either. obviously we're disappointed by the decision and i will continue to fight hard for the kind of jobs the dispute is about the sale of seventy five series aircraft to the u.s. airline delta boeing accuses the canadians of selling the planes below the cost of producing them while receiving subsidies of about two point seven billion euros from the canadian government but bharti a rejected the claim the canadians even build some of the parts for the c. series in europe. bombard builds the fuselage and the wings in belfast northern ireland. ov

this decision by the commerce department is also an interim one.t expected until december 12th. if boeing and bombardier come to an agreement that could alljust go away. i'm joined from belfast by our ireland correspondent chris page. talk to us firstly about the potential implications for jobs. talk to us firstly about the potential implications forjobs. we know bombardier is one of northern ireland's biggest employers but there are supply chain jobs also? that's right. bombardier is a critical part of the northern ireland economy. the main plan is in east belfast where the wings for that c—series passengerjets are made. just over 4000 people work for bombardier here. the c—series is bombardier‘s flagship programme. there would be knock—on effect for bombardier‘s business here as there are 15 small aerospace firms that this —— supply directly to bombardier and many other firms this —— supply directly to bombardier and many otherfirms in this —— supply directly to bombardier and many other firms in a similar position across the uk. so the health of

because part of the commerce department are the ones who put out quarterly gdp statistics. in 2013 i would like to think i had some influence there. they've now decided to publish gross output on a quarterly basis like gdp. i look at it like top and bottom line. in accounting, when a publicly traded company comes out with earnings, it's earnings report there's a top line and a bottom line. the top line is total sales revenue bottom line is profits or earnings. every publicly traded company when they release these quarterly reports have the top line and bottom line. sales and earnings. both are critical and no analysts would be with his soul if he didn't look at that. you don't get to earnings without looking at the sales. so as i have advocated, we need the same top line, bottom line for national income economy, what is gross output? it measures spending out all areas of production. and they just released its first quarter, 2017 just today. turned out to be $41 trillion. more than double gdp. i had to adjust that statistic a little bit because the government statistic does

commerce department there's a lot more to do before a final decision is made early next year and the canadians are confident they have ways of challenging this this sort of thing arises all the time in the aerospace industry they think they can get it at least lowered if not wiped out but it is a bit of a blow daniel if i put my old counting the cost hat back on briefly our member body has had troubles in the past what do you think all of this means for and you've pointed it out on the limb a gym major private employer. well the thing to tell you is that probably the americans do have a point i don't think the canadian government or the government of the province of quebec can deny that they have somehow subsidized the production of this aircraft in fact quebec the province of quebec a very big government of thirteen million people twelve million people rather they have actually owned half of the program to produce this jet auto why has lent virtually interest free money hundreds of millions of dollars to bombard yeah this is a company it's been in trouble now for quite some time it

today the commerce department is issuing its final estimate of how the economy did from april to junee on wall street stocks cl b climbed on news that small businesses advanced. the dow rose 56 points, the s&p gained 10 points, and the nasdaq jumped 73 points. >>> the survey showed families grew. it jumped 16% to $97,300, but disparities widened. the median weltd of white families was $171,000, ten times that of black families and about eight times that of hispanics. >>> uber reportedly shutting down its car leasing subsidiary in the u.s. it was for drivers who couldn't buy cars but they were losing $5,000 per car according to "the wall street journal." >>> and starting this weekend if you travel on delta air lines, you'll be able to textbook for free. delta is offering the service through its in-flight internet provider go-go. you can accent it through its portal page. it won't be available on smaller regional jets. >> as long as they don't start let people talking on their cell phones. thanks a lot, roxana. >>> still ahead, storm-related illnesses. a warning for hurricane victims ab

thousands of aerospace jobs in the uk and canada could be at risk after the us department of commerce against bombardier in a dispute with boeing. an interim tariff of 220% has been proposed on the import of bombardier‘s c—series jet to the us. boeing had complained that bombardier got unfair state subsidies from the uk and canada, helping it win a major order. the ruling relates to a $5.6 billion transaction us airline delta made last year for up to 125 of bombardier‘s c—series passenger jets, a rival to boeing's own 737 jet. bombardier, is one of northern ireland's biggest employers, with over 4,000 people in the country on the payroll. they have called the ruling "absurd". and tweeting within the last half an hour the uk prime minister theresa may has said that she is bitterly disappointed by initial ruling and she will continue to work with bombardier to protect vital jobs for northern ireland. our business editor simonjack is in belfast. simon, what more can you tell us about this? well, people here in belfast were braced for bad news on this one. there was a general a cce pta nc

commerce department is slapping a preliminary 220% tax on bombardier's planes. now, the trade tension is threatening to spill over to the other side of the atlantic. >> this canadian aircraft would cost three times more in the u.s. if the u.s. government carries out its intentions. bombardier called the punitive tariff absurd. the american's actions are designed to push them out of the u.s. market, they say. the canadian government is not happy about the situation, either. >> obviously we're disappointed by the decision and i will continue to fight hard for good canadian jobs. >> the dispute is about the sale of 75 bombardier c-series aircraft to the u.s. airline, delta. boeing accuses the canadians of selling the planes below cost of producing them while receiving subsidies from the canadian government. bombardier rejected the claim. the canadians even build some of the parts of the c-series in europe. bombardier builds the fuselage and wings in belfast, northern ireland. over 4,000 workers are employed here but their jobs might be in danger soon. that's why th

the commerce department says consumer spending grew at its fastest pace in three months.at news sent stocks higher on and the nasdaq finished 60 points higher hitting a record high. >>> the next apple show case is scheduled for september 12th. that's usually when apple unveils its new iphone. this is the tenth anniversary of the iphone and apple is expected to introduce a sleeker, bigger screen to celebrate. apple is also likely to announce upgrades to last year's iphone. >>> and still no decision from the trump administration on putting harriet tubman on the $20 bill. tubman and abolitionists would be the only woman and african american on a commonly used u.s. paper currency. last year the obama administration proposed replacing andrew jackson on the $20 bill with harriet tubman. >>> still ahead, a unique scholarship, we'll meet a plumber in utah who's helping the forgotten victims of crime. un-stop right there! i'm about to pop a cap of "mmm fresh" in that washer with unstopables in-wash scent boosters by downy. and if you want, pour a little more, because this scent la

commerce department testified though that attorney for mel gin asked him to intervene in a in a business dispute in the dominican republic, attorney acted in a threatening manor and bowls dollars of a position. >> updating today on investigation into the mayor's fund for philadelphia. the investigation is already to reveal more than $200,000 in questionable spending. that report claimed former board chair, desiree bell charged the fund for shoes, travel, hotel rooms, a party for then mayor michael nutter and more than 400 uber rides. the funds is changing it board structure and has already discontinued the use of credit cards. >> the race for philadelphia district attorney is heating up. today's republican candidate set roseman and democrat larry krasner will appear at community for numb center city , opportunity for the public to learn more about the candidates and their positions grossman and krasner are vying for the seat left vacant by seth williams. he resigned earlier this year after pleading guilty to bribery charge, the polls will open on november 7th. >> well hundreds of people

us commerce department is considering sanctions. itit's been revealed he had promised her from the american president discussed the issue last week. measurement blast competition regulators for a full review twenty first century fox's bid to buy the sixty one percent a broadcaster sky. he doesn't already own. concerns of the close to fifteen million dollar takeover. talks offs costs rupert murdoch jewish influence in british media. and the us treasury secretary is that it may not be possible to lower the corporate tax rate from its current thirty five to fifteen percent targeted by president all from. stephen asians at disagreements in congress could make that number hard get to pick out today from the us more competitive. real social scene in the city administration is considering fact dating tax reforms is january passes legislation. she said would be included. economy. air berlin is canceled over a hundred flights is tuesday after a large number of pilots called in sick. about two hundred carriers fifteen hundred pilots said they

the commerce department said consumer spending which for more than 2/3 of economic activity up 1% in august, in line with expectations of a higher rise in july. personal income up .2% in august after a bigger increase the prior month. the government said the data reflects the effects of hurricane harvey but could not separately quantify the total impact of harvey on that data. >>> today, president trump said the u.s. will not rest until puerto ricans are safe. but he also emphasized the vast challenges involved in the hurricane maria recovery effort. on the ground in puerto rico, a three-star general is taking the reins. contessa brewer >> reporter: heidi came to the convention center with our 5-year-old son, desperate to tell someone in charge how dire the situation is in her town. normally an hour's drive from san juan. how panicked her neighborhood are with no running water, gasoline, or cash. >> do you know what eight like, seven days with 38 cents? i was prepared for. we had enough water and food. we still do. but other people don't. i see a lot of people in the street and i can

this friday, the us commerce department releases retail sales figures for august.s a sign that the economy is continuing to gain momentum this quarter. economists, though, are looking for a modest increase of 0.1%, compared to a sharpjump of 0.6% injuly, when consumers bought lots of cars and spent more on discretionary items. worth pointing out, this follows an interesting inflation report on thursday, a rise in petrol prices and rental accommodation helped to boost consumer prices in august. many on wall street took that to mean that the likelihood that america's central bank would raise rates in september have gone up. one—stop to watch this friday is larry ellison's company oracle, reporting a 6.9% rise in quarterly revenue. the software maker's aggressive push into the cloud seems to be paying off. joining us isjeremy cook, the chief economist from world first. thank you for coming in. let's talk about that north korea launch, because we saw that happen, and we didn't see much of a reaction from the markets. why is that? why are the markets. why is that? why a

shift oversight of international nonmilitary firearm sales from the state department to the commerce department the new rules will cut government red tape and regulatory costs boosting u.s. exports of small arms creating jobs in the u.s. . the historical deal to secure peace in the world is in the making sumi has that news thank you monica u.n. secretary general antonio terrace is presiding over the signing ceremony for the first ever global treaty aimed at banning nuclear weapons more than one hundred twenty countries approved the treaty back at the start of july some forty boycotted it including every country with nuclear capabilities many of those countries argue that scrapping nuclear weapons may be a nice aim but impossible to realize in practice they aren't expected to change their mind soon but the treaty supporters still call it an important step towards a nuclear free world and the ten page agreement is open for signatures today needs to be signed by more than fifty to be signed in international law here's what those signing up are agreeing to the treaty includes a comprehensive set of

commerce department ruling in support of a complaint by rival boeing could trouble the price of the bombard planes and this government is holding crisis meetings obviously were disappointed by the decision and i will continue to play hard for the canadian jobs canada's not standing alone in the u.k. bombarded day is a major employer in northern ireland where the largest political party props up prime minister to resign may's government she's expressed bitter disappointment so have workers at the bombarded a factory in belfast who want britain to take action of its own against boeing that's we're going to lose weight and i need to speak that's what the politicians me the railings that. we sell for. one of our cars commercials this week. and they need to. say to believe that they need to sell less with those it kills over us canada too is said it will take a serious look at future business dealings with boeing a five billion dollars deal to buy fighter jets from the u.s. company could be scrapped according to the prime minister justin trudeau but the country also says it has legal means to ch

in the second quarter the commerce department's in gdp had expanded by three point one rather than three percent. at the details of donald trump's tax reform plan not giving markets the extended boost that he might have hoped. that plan which was announced on wednesday had been much anticipated by both businesses and individual taxpayers. with of the president's speech on the nine page document which was also released. featured a fewer concrete details than some had expected. overall the plants he outlined would cut around four five point eight trillion dollars in tax revenue. and critics are convinced that the numbers add up kevin clifford has the details. is prescribing u. s. tax code as outdated and burdensome. president trump's said his new tax plan will make the u. s. more competitive. the current tax system is a colossal barrier standing in the way. of america's economic comeback but we're going to remove that barrier to create a tax system that our people finally finally finally and want and deserv. us businesses would see the biggest changes the president has promised a cup the h

commerce department ruling in support of a complaint by rival boeing could trouble the price of the bombard planes and this government is holding crisis meetings obviously were disappointed by the decision and i will continue to play hard for the kids and jobs canada's not standing alone in the u.k. bombarded is a major employer in northern ireland where the largest political party props up prime minister to resign may's government she's expressed bitter disappointment so have workers at the bombarded a factory in belfast who want britain to take action of its own against boeing that's we're going to lose a going to need to speak that's what the politicians need to realize that. we sell for. one of our cars commercials this week. and they need to. for sea to believe that they need to sell less. those are tools of us canada two is said it will take a serious look at future business dealings with boeing a five billion dollars deal to buy fighter jets from the us company could be scrapped according to the prime minister justin trudeau but the country also says it has legal means to challenge t

every contract that you have meanwhile the steel industry is still suffering waiting for the commerce department to finish a report on unfair trade china and especially south korea are dumping steel at a rate which threatens the entire steel industry in america tax cuts are an easy sell in washington. but increasing wages and workers' rights is what the middle class seems to be focused on when do you hear people getting on the talking heads whether they're democrats or republicans on political talk shows getting up and say you know the reason that wages have been flat in america is that there's been an attack on the labor movement since ronald reagan and the labor movement has gone from thirty percent to thirteen that that didn't happen as an accident that happened because there's a plan by corporate america corporate global companies to push wages down to reduce workers' right to have a vote in the society work reduce workers' right to have a voice. for more on this we go to former florida congressman alan grayson tonight and also former georgia congressman bob barr gentlemen good to have you w

hell kicked out of us because we're not fighting back our hope was that the president and the commerce department in the u.s. t.r. would put together a strategy to fight back we can we can compete against anybody we can compete on the lowest man hours per ton we compete on best product we can compete on quality we compete on every level we just can't compete a company against a country so here we are in this international crisis with north korea should the administration should the president use this steel situation in the goshi ating a better position with south korea and china foreign policy plays into this doesn't it seems like trade is always used as a cabbie out one way or another look at over the certainly in our union over the last three presidents of the union besides myself we've always understood that what the state department did was they used the ability to give our jobs away for state department positioning why did we need to deal with colombia because of venezuela why did we need to deal with panama because they need a place to make sure that we would control the canal coming throug

success the white house is unlikely to be pleased that trade figures that have just come in the commerce department said the trade deficit increased eight and a half percent to more than one hundred twenty three billion dollars the biggest deficit since two thousand and eight. now at the beginning the crypto currency bitcoin used to trade for pennies then for a few dollars then for hundreds of dollars and then it took off so far this year bitcoin has rocketed to almost five thousand dollars to some it was the hottest game in town for others an enormous risk and they could be right over the past few days the price of bitcoin has been extremely volatile and experts are warning of a bubble. it could be the beginning of the end banking regulators in beijing in shanghai have ordered local crypto currency exchanges to shut down virtually overnight china where bitcoin was more heavily used than in any other country has become a no go area for crypto investors the closing of the exchanges didn't come as a surprise official announcements had already sent the value of bitcoin into a tailspin something invest

charles: breaking news, commerce department slapping preliminary subsidy duties on c-series jet aftern was -- >> u.n. slapping sanctions on north korean banks. united states taking its act just hours after north korea reportedly boosted defenses after u.s. bombers, after some u.s. bombers flew near the peninsula. retired colonel allen west is back with me, and senior 23e8 s. north korea moving military components to move in position to shoot down our planes. >> they doc they could do that i don't think their capabilities are great but they could get lucky, you never know. charles: is that a clear act of war? >> well, i suppose it would if they did that. we're in international airspace, they claim we declared war, which trump has scared no said e not. it would be a clear violation of international law. charles: colonel, it feels like we're not going to be able to jawbone them into any submission, diplomatic effort continue to fall short. what are our options at-this-point? >> i think we're have to look at that military deterrent, a credible one, i think one thing to look at is a blocka

the commerce department ruled in favor of boeing.l news 24 hours a day powered by more than 2700 journalists and analysts in over 120 countries. i'm emma chandra. this is bloomberg. paul manafort's business dealings with russia. what it all might mean for the road into russian interference in the u.s. presidential election. this is bloomberg. ♪ mark: i'm mark barton. vonnie: i'm vonnie quinn. this is bloomberg markets. shares aren't reacting too much. volkswagen is in the hot seat once again. joining us is abigail doolittle. they were fined by the eu about $1 billion for price fixing. this is not a new issue. it started in about 2010. lots of their rivals were already find about $2.9 billion. they includeit started in volvo. those companies are smaller. we have a great graphic that really points out the unit is relatively small. the car unit in orange about 57% yellow. business in we have audi at 17.7%. fraction .9% of the overall business in the unit. they bought them back in 2014. fine of $1e overall billion is relatively small. th

the seminar managed -- salmon are managed by the department of commerce, the trout through fish and wildlife and interior. upstream, the dam water flows and temperature is monitored by our friends at the army corps of engineers. downstream, the irrigation is controlled by the bureau of reclamation. each of these government agencies have great people, but eight of them oftentimes have their own -- have four biological opinions, and two will not be reconcilable. we are going to fix this problem at interior by changing the structure and learning how to the joint. our government needs to learn to work together.

commerce department ruling in support of a complaint by rival boeing could trouble the price of the bombard planes and this government is holding crisis meetings obviously were disappointed by the decision and i will continue to play hard for going to jobs canada's not standing alone in the u.k. bombarded is a major employer in northern ireland where the largest political party props up prime minister to resign may's government she's expressed bitter disappointment so have workers at the bombarded a factory in belfast who want britain to take action of its own against boeing that's we're going to lose are you going to need to speak that's what the politicians need to realize that. we sell for. one of our cars commercials a suite. and they need to. for c. to believe that they need to sell less. those jewels or us canada too is said it will take a serious look at future business dealings with boeing a five billion dollars deal to buy fighter jets from the us company could be scrapped according to the prime minister justin trudeau but the country also says it has legal means to challenge the r