welcome back to the kaiser report imax keyser time now to turn to dan collins of heisenberg capital and the china money report dan welcome back thanks max i should note that we're in our special backwoods undisclosed location you may or some cars are fountains or birds are actually not a green screen that's real life dan let's get into it you have been back in the u.s. now for a few months after twenty years in china what difference does stand out for better and worse when the u.s. is kind of called the new the new developing economy we have growth rates which we haven't seen here probably in twenty some years close to four percent the first time where if someone wants a job in united states they can get a job we haven't seen that in decades now are the jobs of high quality probably not we have a lot of repair to do in this economy to get the high kind of high paying jobs back but the good news is the economy is growing i think it's going in the right direction and there's a lot of companies not only american companies but companies all across the world that are now coming back to look

collins. this is something activist dan loeb was pushing for back in april after he disclosed his hedge fund built significant stake in the company. at the time management disagreed but always said it was open to shareholder input. utx up a percent and a half in premarket trading. up $2 to $130. that market cap 102 billion. >> before these gains today. >> yeah. >> let's tell you about other stocks to watch. tesla's sales in china fell 70%. the passenger car association telling reuters tesla sold just 211 cars tesla which imports all the cars it sells in china said tariff hikes in auto imports were hammering sales. >>> we continue to monitor gm today. yesterday the automaker announced it will shut several plants in america and canada and cut about 14,000 salaried jobs >> we have a lot of pressure on them they say the chevy cruze is not selling well i say get a car that is selling well and put it back in. i think you'll see something else happen there. i am not happy about it. i have no doubt in the not too distant future they'll put something else in. >> mary barry met with larry kudlow yesterday a

dan logan bill ackman. loeb and bill ackman. they push for a breakup of this company but that was contingent to a large degree on getting the rockwell collins. now that it is done, the next leg of this will be to try to structure some sort of breakup of the which is what those actresses were looking for. guy: romaine bostick, thank you very much. don't forget to tune into bloomberg radio's the cable show coming up at the talk of the hour, live on your bloomberg devices and digital radio in the london area. next, balance of power. this is bloomberg. ♪ comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activecore, how's my network?" "all sites are green." all of which helps you do more than your customers thought possible. comcast business. beyond fast. >> from bloomberg world headquarters in new york, i'm david westin. welcome to balance of power. today, the continuing drama that is brexit. fro

collins. blessed ceo greg hayes is better pressure from activist investors bill ackman and dan low.sident of politics and economics of the auto industry are crashing head-on, president trump says he's pressuring general motors to move production back into ohio, state that usually a critical battleground in presidential elections. gm plans to dismiss 14,000 workers and close seven factories. one of them is in lordstown, ohio, which makes the slow selling seven -- chevy cruz. in a very bad here is getting , after thehomas cook company reported annual profit below guidance that already been cut twice. decimateok says it ms. a three years to get things back to normal and the company failed to plan properly for the hottest european summers on record which led millions of potential customers to holiday at home. and that your bloomberg business flash. tensions between the u.s. and china are melting ahead of this would g20 summit and president trump saying yesterday if we'll make a deal that i'm going to put the $267 billion additional tariffs on. the only deal would be china has opened up

collins. it has been pushed by activist investors including bill ackman endemol to consider standalone -- and danlone divisions. ramy: tencent is teaming up with the operator to offer mobile payment services for small retailers. the nikkei news to says the tie up is aimed at tapping into the surge of tourists from china and it will compete with a service offered by yahoo japan and softbank. lion will lease terminals of wechat pay in the new year. 21st century fox and its soon-to-be owner disney are being sued for ending an agreement to build a theme park near kuala lumpur. they are seeking more than $1 billion in damages according to court filings in los angeles. they say the deal was jobs because disney does not want to be associated with a gaming business. oil looking for direction as top exporters prepared to discuss .supply in the meantime, let's take a look at how asian markets are trading in the asia-pacific. inhave lending positivity the asian session. in the asian session. korean chairs also seeing some upside and that energy produced -- korean shares also seeing some upside. is heavily w

collins. united tech's ceo greg hayes says as stand-alone companies united technologies, otis and carrier will be ready to solve the biggest challenges and provide positively to communities around the world danoeb pushed for united technologies to split in april after disclosing his hege fund built a significant stake in the company. at the time management disagreed but always said it was open to shareholder input. utx up a percent and a half in premarket trading. >>> watch tesla's shares today. shares fell in china 70% the passenger car association telling reuters tesla sold just 211 cars tesla which imports all the cars it sells in china said tariff hikes in auto imports were hammering sales. >>> we continue to monitor gm today. yesterday the automaker announced it will shut several plants in america and canada and cut about 14,000 salaried jobs president trump and several lawmakers are expressing displeasure over the move. gm's ceo mary barra met with larry kudlow yesterday afternoon. so farr no details have emerged on that discussion. >>> the fda approved a drug to treat a range of cancers in a clinical trial the drug significantly cut tumors in 80% of patients. this is loxo's first comm

dan donovan, republican congressman of staten island on the show a number of times, also defeated. some embattled republicans victorious last night. white nationalist steve king, and two republicans under indictment, one reelection, chris collins in new york, charged with securities fraud, and duncan hunter accused of spending more than a quarter of a million dollars on campaign money. greg gianforte, the montana congressman who once body slammed a reporter and then lied about it kept his seat. good news for democrats in the house too, alexandria ocasio-cortez. deb haaland became one of the first native-american women elected to congress, and sharice davids in kansas the other. rashida tlaib, ayanna presley. antonio delgado, disgusting campaign against him to win a seat in congress. incoming democrats are a striking change from the republicans they beat. the only way that kind of change can happen is if people can and do vote. when we come back, what should be the biggest issue for democrats for years to come? getting those votes to count. that's next. >>> the two big stories of last night are record turnout, and example after example of an electoral system designed to make it harder for people to vote. voter i.d. laws, broken

dan crenshaw. you saw it when people like debbie stabenow were talking earlier in this block and talking about working with susan collinsk hyde-smith who made the remarks about hanging or whatever and then couldn't talk about them afterwards, from her heart in authentic way. is facing a truly wonderful guy who is very civil, mike espy. he's way behind. it's unlikely a democrat could win in mississippi. but this is a race between people who say, okay, enough of this divisive poison, craziness. >> tom, off of what walter was saying, mark sanford, very conservative member of congress from south carolina who was defeated by trumpism basically had a piece in "the times" today urging conservative elements but the whole party itself to come back to its roots in terms of conservative but sensible fiscal policy. conservative but sensible economic policy and looking at conservation properly. but his big point was a return to civility. what do you think the odds are that the republican party is going to slowly look at the results, look at things they were talking about and edge towards civility? >> i think on the time line, 99.9%.