it is where cosco wants to build its new store.re is even a sign on the fence showing that cosco has applied for a license to sell alcohol. concerned residency that it is a bad idea. >> there is a cosco five miles down the three-way. you know, you cannot drive five miles. >> reporter: he is a former pleasant city councilman. he says having a cosco in danville and another in livermore is close enough. he worries about the added pollution and traffic. >> what is best for the community as a whole? >> reporter: this is why he led the group in filing a lawsuit back in 2017 over the environmental impact. to block costco from building on site. according to the city planning office, the city is once again ready to consider the plans for an almost 150,000 square-foot store and a separate gas station. >> it is really going to affect traffic. >> reporter: he has lived off of stoneridge for years. he says he is not sure what to think. >> we want to have a close, but we do not want to have the traffic. >> i would say that i'm for it, mostly bec

has already partnered with ali baba in 2014 cosco faces competition in china from wal-mart wal-mart's ball sam's club has been in china for 20 years. and china's 2nd largest telecom equipment manufacturers e.t.e. posted a net profit of 907000000 yuan in the 2nd quarter 29 seen coming back after a 2400000000 loss in the same period last year revenue saw increases of 188 percent to 22400000000 yuan up 11900000000 year over year the sale of 5 g. network infrastructure in china and elsewhere has also boosted their business this year the telecom giant announced in june that it had signed contracts for more than $25.00 commercial 5 g. networks. and in other related news sweden's ericsson has partnered with deutsche telekom to fill the demand for mobile technology at industrial sites in germany the 2 companies said they plan to work together on sites like factory floors airports and harbors ericsson specializes in telecom infrastructure completing competing with the likes of nokia and while away worldwide. for a quick break but stay tuned because when we return global instability has in the

much of a good thing that sort of situation seems to have developed at the opening of the new west cosco store location in shanghai china many chinese shoppers posted video of massive lines and crowds on social media traffic was so severe in the area that the miss dismissal of students at a nearby school was delayed and the store shut down after 5 hours in the face of the overwhelming response cosco is very eager to gain a foothold among china's growing ranks of middle class consumers and capture the bulk buying its which is not yet fully developed in china as part of that effort costco has already partnered with ali baba in 2014 cosco faces competition in china from wal-mart wal-mart's ball sam's club has been in china for 20 years. and china's 2nd largest telecom equipment manufacturers e.t.e. posted a net. offutt of 907000000 yuan and the 2nd quarter 29 seen coming back after a 2400000000 loss in the same period last year revenue saw increases of 188 percent to 22400000000 yuan up 11900000000 year over year the sale of 5 g. network infrastructure in china and elsewhere has also booste

that is cosco.he warehouse shut down the food court so martinez could invite his family and friends to celebrate his birthday there. they had all the things that you would expect. he even got his own membership card and a cosco piÑata. he was given a hat and badge for the special occasion. >> hold on. >> they shot down like cosco, just the food court. lico i can't get a piece of pizza? >> you could crash a birthday party. >> yes. you could pretend you were his uncle. >> i love that the parents listened to the child and gave him what he wanted. it was what armando wanted. >> are a. thank you for watching. have a great rest of your morning and we will see you back here at noon. >> ♪ [cheers and applause] ♪ ♪ ♪ ♪ ♪ >> jerry: hey, everybody asked mike i'm jerry o'connell. welcome to the first ever jury awards, where i honor the great new yorkers who have welcomed me to their city. [applause] i've been back in new york for a couple weeks and i've been blown away by the kindness new yorkers have shown me.

this is what look like today when the very first cosco opened in china.s located in shanghai. signs warn shoppers they might have to wait up to three hours just to park. by this afternoon, cosco was forced to close early due to what they called public safety concerns. the company said the doors were shut to new customers, but those inside were allowed to finish shopping. >>> still ahead, more heartbreak in dayton, ohio. a stolen police car leads to a wild rampage that leaves two children dead. >>> we are tracking some of the humidity, the slight chance of a thunderstorm around here in the north bay. temperatures tomorrow will be a little cooler. >>> first, how the white house is responding to criticism from singer taylor swift during mtv's vma awards. >>> singer taylor swift criticized the white house and republican lawmakers on national television last night, calling for action on the equality act. later today, the white house responded. during taylor swift's acceptance speech last night at the mtv the mayor worse, she called out the top administration f

kenneth french was shot at a cosco in corona. he was killed by officer salvador sanchez. his family were also hurt in the shooting. the family's lawyer is demand that the police release the video from cosco. >> in my opinion this is one of the most egregious shootings that i have seen. the reason is you are only supposed to use deadly force in a life threatening situation. essentially when you are about to be killed. a push or shove or even a punch does not justify the use of deadly force. particularly for a trained lapd officer who should know better. >> after hearing the officer identity himself as a police officer i begged and told him not to shoot. i said we have no guns and my son is sick. he still shot. i thought people don't do that. now the attorney for the officer said that his client was facing a life threatening attack by french. >>> a community in san jose is divided over a plan to build a newhouseing project to help homeless. city leaders held a meeting last flight to hear from both sides. the project is to turn a city owned lot on 4th street and younger into

the large crowds forced cosco to text, please joust don't come, they had direct traffic, shares of coscon 35% so far this year, kfc could have another hit on its hands, the company tested plant-based chicken substitute yesterday, sold out, guys n5 hours, according to kfc they sold more than fried chicken, kfc will study the test and decide whether to do another larger test or go for the full rollout, second option, folks, okay, kfc is not the only one crowing this morning, popeyes with chicken sandwich sold out, extraordinary demand, sandwich lasting until october as originally estimating, let's just say chicken is the story of the day. dagen: popeyes fried chicken has always been better, so much better than kfc. sandwiches are better, the chicken is better than chick-fil-a sandwich chicken so why wouldn't you slap that on a bun, why wouldn't it be delicious. if i did eat something that was like that, it would be fried chicken, chef art smith, i would call art smith and ask him to make fried chicken. can we quickly talk about vaping because again raised interesting point, used to be the

it looks like energy stocks are leading the way. >>> cosco, making some changes to his first store inhina after a wild first day. starting today, cosco capped the number of customers who yesterday, people packed the shanghai warehouse and ultimately forced authorities to suspend operations. at one point yesterday, the checkout lines were two hours long. >> mark zuckerberg's old bedroom and what's known as the original facebook houses now infrared. it is an eight bedroom home in los altos. it was home to the social media giant in his early days. now you can stay here, too. tollhouse, rental site has listed it for two bedrooms in this home in west. avenue. the ad says, one of the bedrooms belong to mark zuckerberg. begin this, ran for his old room is 19 $50 per month. >> is the offering is new streaming services at a discount start priced early subscribers. disney plus assent to launch in november for $7 per month and for less than $4 per month, members of disney d 23 fan club with the three year subscription. disney plus will feature original star wars and marvel shows along with many

people complained of three hour waits to get into the car park, despite warnings that cosco might struggle to gain a foothold in the chinese market. samantha hawley: it's one of the most ambitious building drives in history as india fast-tracks its way to prosperity. but the boom has spawned a vicious illegal trade. we've seen someone there. we're just a bit reluctant. it's a really kind of hairy situation, and we're not sure it's really safe for us to go any further. crime gangs specializing in environmental destruction... the assailants came down from here, yeah? akaash chauhan: this is the room, and they came from this side and shot my father. [gunshots] man: this is not allowed. hawl:

[inaudible] cosco opened its first store in shanghai tuesday. too many shoppers. how do you see the retailer side in china at this time of tension? we know that walmart is a member company, and how well cosco in china affect the operation of walmart? >> i'd rather not speak about individual companies, but i would be happy to address the consumer market in china. i think that what we are seeing is that most consumer goods and consumer brands in china are doing quite well, that chinese consumers welcome american brands and have been purchasing them with a great deal of enthusiasm. so at least thus far we do not see a pronounced effect by the terrorist or the trade tension on the consumer markets. rather, as jake had indicated, the tensions are more on the industrial side where some american companies don't enjoy the reputation for reliability that they have earned, that they have worked on for years and years and years, and that is eroding. on the consumer goods side, we don't see that trend at all, yet. [inaudible] >> you mentioned negotiation table is critical. do

the proposed cosco would be built in the former sears at the northgate mall in terra linda. it would include a tire center a gas station nearby residents worry about the traffic impact in that area. there is an online petition with more than 600 signatures against the costal being developed in terra linda. >>> how virtual reality is helping stroke patients get their life back. >>> rolling stones rolling right past curfew. last night at levi stadium. why they are not going to get into trouble. >>> intern in the case of a brazen san francisco condo attack. the suspect back in court with multiple accusers. coming forward. >>> >>> the live news desk we are getting the word from the highway patrol in contra costa county that they have forwarded eight cases to the das office now in connection with three separate sideshows. that all happened on the same day august 11. the chp said they are getting more sophisticated. they are using fixed wing aircraft now. they are able to alert ground units to each of these sideshows. one was in martinez. one happen and rodeo. several people there

cosco finally had to suspend operations in the afternoon. hours, apparently, to enter even the parking lot. joe: what trade war? they are not going to stop capitalism. lisa: communism, too. it does make me a little bit happy -- not happy, but at least relieved that it is not just the united states. we talk about black friday and people getting run over and things. it is not just us, capitalism everywhere. caroline: i have seen fights break out. lisa: maybe we should change more, but everyone is doing it. coming up, china braces after trump trade flip-flops. from new york, this is bloomberg. ♪ at comcast, we didn't build the nation's largest gig-speed network just to make businesses run faster. we built it to help them go beyond. because beyond risk... welcome to the neighborhood, guys. there is reward. ♪ ♪ beyond work and life... who else could he be? there is the moment. beyond technology... there is human ingenuity. ♪ ♪ every day, comcast business is helping businesses go beyond the expected, to do the extraordinary. take your business bey

also is entering -- cosco is entering a market where many global others have given up. -- 4 had a diskshery: they hold onto their position at the most profitable investment bank in japan. a demand helped upset weakness in trading. securities rose 8% to $201 million. a rise in trading losses at goldman sachs japan pushed it back into third place behind bnp paribas securities japan. citigroup raise the minimum wage for rank-and-file staff to $15 an hour after encouragement from the house financial services committee. unlike other major banks to announce similar moves in glossy press releases, citi disclosed its commitment to maxine waters. it came into effect on june 1. walters asked to boost the minimum to $20. market open in tokyo, sydney, and seoul at the top of the hour. selina. it looksmp: -- selina: like futures are pointing to a mixed open at the start of asia trade. it is rhetoric from trump on how the trade war will unfold. there is no quick resolution to this. more muted than yesterday's close, up about 1%. throughout theat year, up 2% since the start of the year. seoul, coffee

cosco is up in a huge way. the store was mobbed and they had to close early. also saw adities seesaw session, especially oil rising ahead of wednesday's data. what is the story? su: there is expected to be a bullish outlook. private report was out signaling a bullish data situation and that is overshadowing the trade issue right now. gold continues to trade near a six-year high. ubs predicting that is a continuing run. more detailll have on the earnings from hewlett-packard but give us the market reaction after hours. su:'s been up as much as 4% on the forecast, boosting their full-year adjusted forecast having to do with improved margins. paul: su, thanks very much for that. let's move on to remarks from the former head to new york fed. he implied that jay powell should not help president trump by cutting rates to shield the u.s. economy from the trade war. .athleen hays is here is he saying they should block trump's reelection bid? it was reverberating around wall street and around central banking circles because it was surprising. it took a very firm stand.

bottles were sold at major retailers including target, walmart, and cosco. >>> it was a cross-countryf a different sort. today a specialized autonomous car and three research lab employees rolled into the santa clara convention center following a 2000-mile road trip to minneapolis. they were testing the adaptive cruise control and a new technology meant to keep the car in one lane under challenging circumstances. the goal was to see how the car's technology operated in varying terrain, weather, and driving conditions. >> we are a research company. our job is to really understand how this stuff works and try to find where the gaps are, where the weaknesses are. >> the coroner's automated system took control of accelerating, breaking, and steering during most of the trip. the car traveled from minneapolis through south dakota, utah, and nevada. the trip ended at the drive world expoattendees were able to check out the car there and take demonstrated rides. >>> coming out, gavin newsom promoting a free college tuition program. his message to students stay in sacramento. >>> the city of l

spi is upe the cosco 1%. it was also up the other day. we see two straight gains.g more positive. we will have to see how long that lasts after this latest trade escalation and the new headlines on huawei. looking at the asx 200, up almost .2%. the index has been in the green for the last couple of days. we will see how long it holds onto amid those trade headlines. paul: let's check in on the first word news now with jessica summers. sachs isgoldman telling investors not to hold their breath for a trade deal. in a strategy note, the bank said it no longer expects an agreement before the u.s. presidential agreement next year. trimming earnings for share forecasts for chinese companies and lowering chinese index targets, but it is overweight on chinese stocks, saying growth prospects are decent and valuations are low. administration is said to be pausing a decision about licenses for u.s. companies to resume work with huawei. that's after china said it is halting purchases of u.s. farm produce. in june, the president said some restrictions on huawei would be loosene

chuck: we can't think of a come anymore well-equipped with its scale and size, may be other than cosco get through this scenario. one of the reasons we upgraded the stock in spring was because of that. they've got a lot of leverage given their size, and we think they will flex their muscle here. if prices are going to move up and creates more opportunity for them to gain market share for the next few quarters. david: to what extent does walmart have the ability to pass along price increases to its customers? one of the things that struck me was that earnings remain up even though they are investing a fair money in online and other store improvements. chuck: price investments continue to be their biggest ammo, so i think it is something they are focused on. they will probably be selective on where they take price increases, but leading with prices is there secret sauce. taylor: amazing. chuck grom of gordon haskett, thank you so much. coming up, we will speak with jeff currie, goldman sachs global had a commodities research. this as we have seen gold, all sortollar dynamics of heading i

oil prices still relatively -- relatively subdued, we are lucky that we are on the bottom end of the coscotive, clearly the world trade situation is hanging in demand is weak. paul: the last time you spoke about post earnings, you said the u.s.-china trade war might be a blessing for oil search. >> it is a blessing in one area because if you are trying to sell gas into china, you probably can do it at an advantage to the u.s. but if you are looking at oil prices and world growth and the it istrade issues, clearly attenuating growth, attenuating the ability of oil prices to rise. it swings around. shery: oil search managing director right there. a quick check of the business flash headlines. office space sharing company we work is under attack for the implementation it released ahead of its ipo. the share offering, expected to what about $3.5 billion in would be 2019's second-biggest listing. a research ceo says the company has worked hard to conceal the numbers, underpinning the plans. we work has been commented that hasn't commented on accusations including calling the ipo prospectus a ma

everything is running low, there's no gas, there's no groceries, et cetera, a day or two before the storm, coscoy, how is that timeline working, are you guys being able to shrink that time frame that people are out of supplies? >> well, certainly we are monitoring that just as a lot of people are, the states obviously are monitoring the supplies that they are seeing and the supply chains in the private sector, we don't control those and the state doesn't control those, it's important to be aware of that to see where we can provide support n florida that's with fuel, as this goes up the east coast i would hope that those people in georgia, south carolina, and north carolina are going and getting those supplies, are filling up cars with fuel so we don't see the rushes. >> yeah, well, certainly seems to happen every storm we appreciate it sir, long couple of weeks ahead of you with whatever dorian does, we appreciate you taking time with us. >> thank you. >> all the best, kristin. >> a shrinking demg critic presidential field with 3 candidates quitting the race this week but others are prepare to g

, traded safety and security and a safety net and their middle-class jobs for an hourly job, say a cosco cheap garbage rate in china in their backyard, speaking of next round of tariff, they will impact women's clothing more than men according to wall street journal, jon, because the value of girl's clothe asking double of that of men, your reaction to this because 10% on $300 billion in goods is not that much but, again, we are starting to see because of this fight all of these knock-on effects, again, uncertainty fomenting pull back in business investment. jon: i don't know how tom feels women being better dressed than men, the value of my clothing, i can see cheaper. the important thing is the next rounds of tariffs will hit consumers generally, it's distributed in a different way, depending on what you're buying, the trump's administration first couple of rounds of tariffs were aimed more on the business side and now hit consumers going into holiday season, the second half of the year, that's going to be another challenge for the economy. >> i was hearing on the panels consumer confi