david. after retirement thousand ten, michael jordan private industry is a chief executive officer of the building information technology company headquartered in his hometown of pittsburgh, pennsylvania. in october 2017, he published his first book inside camp david the private world of the presidential retreat. mike travels often speaking about the book has been covered by the wall street journal, the today show c-span and many other print radio television outlets. after our conversation, mike will be taking questions from our live audience. please be your questions for mike and the chat we will get to as many as possible welcome to white house history live mike. >> wonderful to be here. it's an honor to serve the nation. [inaudible] >> only start from the beginning, your story with camp david. tell us about how you were selected as commander of camp david, what that process was likely. >> camp david is actually a navy command naval support facility and a town nearby. the navy has operated

david: four grandchildren.what do you do for rest and relaxation, spend time with your children and grandchildren? phebe: that is joyful, but i would not call it restful or relaxing. three toddlers and one newborn is hardly relaxing. [laughs] but my husband and i walk a lot, hike a lot, and we talk a lot. he is finishing his doctorate at princeton theological seminary in ethics, and so i find those kinds of conversations really stimulating and interesting. they are a respite for me, but they are also a lot of mental gymnastics to try to keep up. david: other people have said it seems, in congress, it would seem having a spouse getting a degree from princeton seminary is very spiritual, presumably, and you are in the aerospace defense business. does anyone say that seems unusual? phebe: i think it is unusual, but when you are in leadership positions, it is important to look at all of your decisions through a moral prism, irrespective of the industry that you are in, and to make sure that you are doing the right

[laughs] david: ok. if the president of united states called you and said, you're running a gigantic company, you have done a terrific job, i need some more women leaders in my government. why don't you come in and be secretary of something important? what would you say? julie: i would say, i'm honored to be asked, but i have really important work to do in the private sector. david: ok, so you wouldn't go in right now? julie: that is not my current aspiration. david: ok, now somebody who is watching this would say, this person has an incredible professional life. rose up to be a partner at cravath. now she is ceo of this gigantic company. can you cite something that didn't work out in your professional life, so that people can feel you're not just a superhuman and then make people feel good they can see somebody made a mistake? did you have any mistakes you've made or failures you can talk about? julie: you know, david, people asked that question as if the only challenge is at work. and for me, work has

in camp david. you talk about some of these episodes for them and why presidents might choose camp david for the setting of these historic occurrences. >> i'll mention four events and then a focus on the 51 in particular. so we see photos of fdr inviting winston churchill to the mountains and going off fishing a nearby stream. and smoking cigars and probably having bourbon or two. but the point moments that brought him here are them talking about how the u.s. military -- that's roosevelt in the top left inside aspen, that stone fireplace is still there. there is also wagon wheel chandelier, you can see but it's about the roosevelt table. that's still there. president truman, only went ten times in his tenure. presidents come there, says the first time fdr and churchill. president carter made a famous for most people, in 1978, with camp david peace accords. during my time, 2000 president clinton -- 2012, president obama hosted the g8 conference in camp david. the single time that any, the most world

david: your stock is up 180%.hebe: defense spending historically has been driven by the perception of threat. it is not a particularly safe world at the moment. president biden has been a lifelong supporter of national security, so this budget that he has submitted to capitol hill was a nominal increase. importantly, all of our programs are supported because of their criticality. david: most companies have moved to washington. do you see the secretaries of the army air force or the navy? what do you do in terms of interacting with them? phebe: it is imparted that we know our customer on the uniformed military side and with each change of administration, we try to get to know the primary decision-makers, so we can help them think about what we can provide. i spend some time with all of them and our major customers, the army and navy. david: they do not tend to think of the defense contractors as highly as they do the military. phebe: this is the way i think about it. the u.s. cannot avoid war without diplomacy or d

for camp david. can you talk about some of these episodes for them and why presidents choose camp david for the setting of these historic occurrences? >> i will mention four events, then i will focus on a fifth one. we see photos of fdr, inviting winston churchill to the mountains, going fishing in a nearby stream. smoking cigars and probably having bourbon as well. the poignant moments at bottom left here are them talking about how the u.s. -- that's roosevelt in the top left, inside aspen, that stone fireplace is still there. there is a flag and we'll chandelier you can't see, it's called the roosevelt table, that is still there. president truman went ten times in his tenure -- the presidents come there. president carter made it famous for most people in 1978. with an warsaw dot of egypt. during my time, 2000, there was president clinton -- the prime minister of israel, trying to replicate a similar thing. 2012, president obama hosted the g8 conference at camp david. the single time that any, the m

david: after you graduated, what did you do? chris: i went to procter & gamble. david: after that?is: i went to harvard business school and got my mba, and after that, i went into consulting for a few years. david: you spent a lot of time in the food world. before pepsi, you were at kraft. chris: right. david: is there something about food that appeals to you? chris: what i would say is i love being in consumer industries. what i find energizing is having a tangible product that i can see, touch, feel, etc., and also one that people can relate to. when i say i work at pepsi, or i work at kraft or i work at mcdonald's, immediately, you can always have a conversation with people. the fun thing for me at my current job, no matter where i am in the world, people have an opinion about mcdonald's and want to talk to you about mcdonald's. it makes the job fun. david: you came here in what year? chris: i was here in 2015. david: you rose up pretty quickly and became the head of americas. in 2019, you became the ceo and the stock and market cap are up 20% since then, so i assume the board i

david: so you go over to netflix. now when everybody is -- when somebody is famous, and they move, say that a baseball player or a football player, they go to a different team or somebody tries something different, people are always saying this person isn't really as good as their reputation, and they're going to flop. and there's a lot of, i would say, in hollywood, maybe there's some people that don't like people that are too successful. and so they're kind of wishing secretly maybe they're gonna flop. but you didn't flop. you had an incredible hit. your first show, "bridgerton," was the most successful opening show of anything on netflix ever. ♪ >> all is fair in love and war. david: so when it went on for the first time, were you worried that night whether it would actually be a success or did you not panic? shonda: you know what's interesting? i wasn't scared about the success of the show. that's not my job. i always say that. i was happy by then because netflix was already happy. everybody had already really lik

david: this is my kitchen table and also my filing system. over much of the past three decades, i've been an investor. the highest calling of mankind, i've often thought, was private equity. [laughter] then i started interviewing. i watched your interviews, so i know how to do some interviewing. [laughter] i've learned from doing my interviews how leaders make it to the top. >> i asked how much he wanted, he said $250k, i said fine, i did not negotiate with him and i did no due diligence. david: i have something i would like to sell. [laughter] and how they stay there. you don't feel inadequate now because you are only the second wealthiest man in the world, is that right? [laughter] i'm in chicago today at the headquarters of mcdonald's, and right now i'm standing in their toy hall, which has the toys for the most popular happy meals. i interviewed today chris kempczinski, and i wanted to ask why their coca-cola taste so good, why their fries are so good, and why mcdonald's has been able to become the largest restaurant chain in the world. m

david: it is a global company., now that covid is not behind us but certainly receding a little bit, are you traveling the world or do you expect to travel the world more? chris: i do expect to travel starting next month and between now and the end of the year, i've got five international trips lined up. david: when you travel internationally, are you trying to tell local franchisees to work more, do a better job -- what are you trying to do? are you recruiting franchisees? are you telling why your new food products are going to be good? chris: there's a variety of things i'm trying to get done. when i'm out there, the biggest thing is listening. hearing what's on the mind of franchisees and what's on the mind of our people. that is one thing i'm looking at. the second thing is making sure the strategies we are talking about at a corporate level -- are they cascading down? are we seeing those in the restaurants? a lot of times, you think you have clarity around what the strategy is and it does not end up getting ex

david: and after that?is: after that i went to harvard business school and got my mba and after that, went into consulting for a few years. david: but you spent a lot of time in the food world. you were, before pepsi -- or after pepsi, you were at kraft. is that right? chris: that's right. david: so was there something about food that really appealed to you? chris: i would say i love being in consumer industries. for me, what i really find energizing is having a tangible product that i can see, touch, feel, etc. and also one that, you know, people can relate to. when i say, you know, i work at pepsi, or i work at kraft, or i work at mcdonald's, immediately, you can always have a conversation with people. the fun thing for me in my current job, no matter where i am in the world, people have an opinion about mcdonald's and want to talk to you about mcdonald's. it makes the job fun. david: you came here in what year? chris: i was here in 2015. david: ok, and then you rose up pretty quickly to became the head o

david: people were mesmerized by it.ere you shocked by how it kind of transformed culture in many ways? did you anticipate that? ken: no. no, in fact, i did oppress the press tour and people said this is terrific, but no one is going to watch it because the tv had a new police procedural that was a musical and nobody would watch this. and then everybody seemed to watch it. it had 40 million viewers the first time. dvd, blank dvd tapes -- not dvd but cassette tapes were what ran out in washington, d.c. i got invited to the white house. i was on "the tonight show." and, you know, it was just -- it was flabbergasting. and what was really helpful to me, david, was staying here in walpole because the pressure to leave again, hollywood presumed that just documentary was a rung on some career path that would inevitably lead to making feature films. and i was saying no, i like my day job and being here and insulated by the people who -- i think they are proud of what i have done. but it matters what the content of my character i

david: david here.oint, you might turn out to be correct and we do not get a recession but a slowdown is in the cards. earnings estimates, global equities on aggregate have actually yet to reflect the start of any trend in revision down. do you think stocks are cheap enough is the question going into the second half? >> socks are very cheap, but it depends on how much we see in terms of downward earnings revision. my suspicion is that we will not see traumatic downward earnings revisions. this is an environment in which i do not think we have hit a market bottom yet for u.s. stocks, but we could see a bottom in the next couple of months and we could see a nice rebound based on some positive surprise. that surprise could come from the fed in terms of pivoting to a less aggressive path we're tightening toward the back quarter of the year. david: talk us through your calls across emerging markets. >> for emerging markets, what we see is a number of countries that have higher growth projections for this yea

david: the bulls are out. whether it is down to the fed, giving up a forward guidance, whether that is down to the dollar rolling over. whatever the case may be, equities have been on a tear, in the u.s., where one you look at what this month has been, 10% in the s&p 500. the asia-pacific is up a straight week. volumes, -- it is the summer what can you expect? it will talk about commodities in a moment. copper, the shanghai contract, is up five or six days, the longest streak since march. this is going to be a big story next week what is happening in australia on the pricing out of the big rate hike because of inflation. you can talk about that next week. earnings are very much in focus. yvonne: it seems like for all of the naysayers out there sing earning expectations are too rosy we need to do more adjustments, you are seeing u.s. earnings that are doing well. the tech space in particular. apple, amazon, or -- are both outperforming and redefining these lockdown concerns in china. the stronger dollar storey

. >> reporter: yeah, david. this river, the water still much higher than it normally is, as you can see, homes and businesses nearby still submerged, still flooded out. the devastation is widespread, and there seems to be more rain coming to many of these same areas tonight, david. >> mola lenghi on the scene for us. mola, thank you. kentucky and several surrounding states as you heard him report still under a flood threat tonight, and in the northeast at this hour, bracing for potential severe storms here. tonight, the damage coming in from an ef-2 tornado that hit southeast of buffalo, new york. winds 115 miles an hour. and of course, the heat, too, more than 36 million americans remain under heat alerts all the way to the northwest and at least two lives now lost to heat in oregon. senior meteorologist rob marciano live in portland, oregon, again tonight, of course, he's tracking it all. hey, rob. >> reporter: hi, david. while this heat wave has turned deadly, the more pressing concerns tonight are those stor

david. david: head, we have a look at the analysis of the oil and gas markets. wait to see how much gas will flow from russia to europe when nord stream comes back in a couple hours. yvonne: first, they/growth across asia, about why they think china is on the path to recovery. this is bloomberg. ♪ >> china is so critical to many of the supply chains in the region has affects another economies. that explains part of the slowdown probably. there's also the challenge of continued elevated commodity prices, fed tightening, leading to responses by cautious central banks in asia, which is dampening the recovery. 4.6%, we still feel is a pretty standing recovery. yvonne: the downgrade in terms of the growth outlook, by what the china situation is by covid zero. david: on her next guest, when you look at china and the developed markets, you're looking at a macro policy direction. during us now is christian tend to know -- christaan tuntono. diverging direction in terms of growth and outlook, but don't you also think because china is slowing down, it is converging to? >>

david: right.ollow up on a lot of the things that you mentioned, the deals that were signed in the second quarter -- i'm sure you have seen it if you were on the ground a couple of weeks ago, the economy is still not firing on all cylinders. is there some expectation risk? do you have to push back timetables? >> it did happen with covid, lockdowns, the slowdown, everything else -- there were some projects that had to be postponed a little bit. yes, it has affected some of our plans, but the team continues to charge ahead and we continue to work closely with the owners to identify areas that we can help them to accelerate their plans and where they need to slow down the plans, we work together with them on what is needed to make sure they are still positioning the hotels well for success when they are ready to open. yvonne: in terms of the reopening story, we are obviously seeing it in parts of asia, southeast asia -- where are you seeing the most momentum right now? >> openings, actually in china w

david: su keenan there. is an emergency meeting by eu leaders tuesday to discuss precisely that reducing gas as we head into a crunch. yvonne: we have seen that options are very limited at this point. winter is coming, right, when it comes to gas. plenty more ahead. this is bloomberg. ♪ yvonne: a quick check on the latest business flash headlines. shein investors are weighing sale bids that imply a $30 billion loss in value as concern grows about slowing growth. tata steel profits beat estimates. the sales advanced of percent from a year earlier. tata expects prices and input costs to remain volatile. shares sank during the quarter not helped by weaker chinese demand. tech mahindra came in short of estimates, costs rose 30% year on year but revenue was still up 25%. the company's ceo says the firm remains resilient but watchful in the global macro economic environment. we will have the ceo joining us to talk about the opportunities and challenges faced by the firm as recession fears are top of mind for many

david: the preview is out.start talking about the ecb and that takes us into the north -- the nord stream pipeline conversation which is what energy traders will be tracking closely as a key event. 103, west texas. that may signal it intends to keep supplies capped which reinforces russia's script. >> it is a nonstarter from the beginning. it is not that they don't want to, it is that they don't have it. yvonne: for more, let's bring in bloomberg's asia energy market reporter. a lot and focus as we get to july 21. what are the sum -- what are some of the scenarios analysts are mapping out before that? >> the moment we have tightness in the energy market will not go away. [indiscernible] amid the concern over gazprom's force majeure -- all of this shows traders are looking at whether or not the political tension will escalate and there is tremendous concern on where the energy tightness will go. yvonne: with this force majeure, the timing is interesting because it is retroactive. what do we know about the end da

david? david: it's 10:30 in the morning in hong kong. we have all the big headlines for you i do.ay is about headline risk and i cannot think of any day in the past few months where that is really front and center. from about 6 a.m. everything, you have singapore coming out, re-centering the midpoint. that surprised tightening. you have the aussie jobs number jump. and just a couple minutes ago, the last one here, another off cycle move on top of singapore. the philippines raising their policy rate 75 basis points. we were waiting a couple of weeks, but they came before the meeting. let's flip the boards and have a look at our global macro movers and see those headlines play out. top, singapore, philippines. top, singapore, philippines. yields pushing higher. this is a market that investors and traders are banking on the next headline that drops. and it is precisely that. rishaad: inflation moving higher of course as well as we got the cpi print where the fed was saying that the hot inflation report suggests that interest rate hikes of at least 75 basis points may well be needed l

david? david: that's where we are now.up next, ftx agrees to the jack m crypto letter deal that could shape up the crypto space. you hear from sam bankman-fried. this is bloomberg. ♪ haidi: we are seeing australian bonds rally across the curb. -- the curve. this is bcd continuation of recession fears bolstering global saw friends. -- this as we see continuation of recession fears. yields in particular taking a plunge in the short end and leading the way. we are seeing the australian session this morning, as we head into the decision almost certain to raise rates to slow accelerating inflation concerns, putting the pressure on australian consumers, among the most indebted in the world. economists are expecting 25 out of 26 expecting the rba to raise it a habit percentage point. david: shifting to crypto, also yields were down and austria. we're looking at bitcoin, down about nothing really, relatively speaking of course, given the volatility here. we are down about 19.3 right now on bitcoin. takes us into the next conversat

david? >> all right, mireya tonight in texas. mireya, thank you. >>> in the meantime, we turn to the severe storms moving up the east coast at this hour. 50 million americans on alert, as i mentioned off the top tonight, for damaging winds, hail, possible tornadoes. washington, d.c., philadelphia, new york, to boston. in fact, take a look at this time lapse video from the storm today rolling in. a lightning strike at the empire state building. quite a scene here in new york. a torrential downpour flooding some new york city streets. and there could be more to come. all of this from a cold front colliding with this intense heat. senior meteorologist rob marciano tracking it all for us, hey, rob. >> reporter: hi, david. it is so oppressive in between these storms, the humidity just hangs in the air. you can feel it. the front is not through yet. so, we still have more storms to come. watches are up for much of new england, all the way down through the mid-atlantic. you see it on the radar scop

david: ian, david here. and as you point out, even they were has or might not just australia.every country will look at really their resource security issues. the more countries that look at that, it is the right of every country to do so, the more difficult it becomes, because i guess for the lack of a better verb, according comes to mind. --hoarding comes to mind. what is the multinational approach here? ian: you've got to accept that the world is in an era we have never experienced. we've never had anything that is a genuine global emergency of this kind if you look at the pcc negotiations from conferences, the u.n. conference, the orientation is around the idea that some path if we get to net zero emissions by 2050, then we have solved the problem. that is complete nonsense. the reality is we have to reduce our omissions extremely quickly now. our view from the security leaders perspective and based on what the science has been telling us now for about a decade or more, is we have to get not to net zero, but 20 emissions. as close as possible by 2030. this is a massive tas

david? >> all right. matt gutman with us tonight. thank you, matt. >>> next tonight, the primetime hearing set for thursday night before the american people. and of course right here on abc. and tonight here the former trump aides, two of them who will be testifying thursday night. jon karl on who they are and why their testimony could be key. and tonight the secret service now responding to the january 6th committee on those missing text messages from january 5th and 6th. here's jon karl. >> reporter: the secret service responded to a subpoena today from the january 6 committee for its communications immediately before and during the attack on the capitol. but the committee did not get what it asked for. >> we did not receive the additional text messages that we were looking for. >> reporter: the secret service said it was not able to recover text messages from january 5th and 6th, 2021 that were deleted as part of what it described as a "pre-planned, three-month system migration." they said it was up to individual agents to preserv

david: right. you so much for coming on the show and talking to us on the latest complicated situation. we will take you straight right now to what is happening in washington, d.c. we are getting the latest on the january 6 hearings that have just wrapped up. that is coming up. this is bloomberg. ♪ david: welcome back to the show. you're watching "bloomberg markets: asia." live pictures from washington, d.c., just over an hour from midnight. things appear to be wrapping up, and the latest on these committee hearings. >> we have heard a lot about the actions or inactions that former president trump may have made on that day. our reporter is standing by for us live. i hear things have wrapped up. what are we hearing so far today? >> some of the big -- big takeaways are what trump did hour more likely did not do while a group of rioters stormed the capitol looking for lawmakers, looking for vice president mike pence, and the record shows president trump did not place any calls to folks that might have

david? >> pierre, thank you. >>> we move onto the other news and late today, an awful scene right here in new york city. a boat on the hudson capsizing. a child among the dead tonight. the rescue effort to get to several others. victims pulled from the water. abc's erielle reshef on the scene tonight. >> reporter: tonight, tragedy on new york city's hudson river. two people dead after this small jet boat capsized. the victims, a 7-year-old boy and a 50-year-old woman. authoritiyies and new york waterwaferries frantically attempt to pull 12 people from the water. first responders rendering first aid. >> we saw a couple people on the water and they kept popping out. it was a capsized boat. >> reporter: eyewitnesses on the ferries describing the distraught passengers. >> everyone was on the boat, and they were screaming. so the ferry stopped, and they threw out life vests, and then we pulled them up one by one. >> reporter: the boat chartered by family and friends. tonight, eight people in stab

david _ saying and it has come to pass. david is — saying and it has come to pass. david is right.son managed to do and 2019? there is obviously— managed to do and 2019? there is obviously an element of that was his personality, larger—than—life personality, larger—than—life personality at the time. it was not so much _ personality at the time. it was not so much the conservative party, it was quite — so much the conservative party, it was quite unique to borisjohnson as a candidate. — was quite unique to borisjohnson as a candidate, as a politician in that particular— a candidate, as a politician in that particular context as well of brexit in 2019— particular context as well of brexit in 2019 and ofjeremy corbyn being the opposition. finding a candidate who could — the opposition. finding a candidate who could replicate that and take them _ who could replicate that and take them into — who could replicate that and take them into the next election is certainly— them into the next election is certainly quite the challenge for the next — certainly quite the challenge for the next tw

david: if i look though at his, at least recent history -- david here, by the way -- how high is the probability of any potential surprise for today? swati: hi, david. you are right. he has managed to surprise markets quite a bit in recent times. and he had said something and ended up delivering something else. so there is that risk today as well. however, the fact it was not too long ago that he came out and he was really clear in his message that the interest rate hike decision be either 25 bits or 50 bets. -- bits. it's unlikely he will walk away from that. he is already suffering from some level of reputational damage and credibility hit from the past decision. so he is cognizant of that and he also cognizant of the fact that markets are pricing in 50 basis point increase and that inflation could grow out of control. so yeah, fingers crossed hopefully will not be a big surprise. haidi: recession fears are quite heightened globally. is the outlook the same for australia? swati: actually in australia, economists are not following the session. economists have downgraded their projec

>> he is, david.at kim said is not only embarrassing a part of republican zeros on but also somewhat hypocritical. republicans encouraged conservatives spend a lot of time denouncing expanded social welfare spending. now that is bad for the country and rightly so. you cannot do that and then turn around and support corporate welfare spending on this level. intel is slated to get something $15 billion. david, intel is the top 50 company on the fortune 500. they do not need these kinds of subsidies from the government. but think this is embarrassing for its bad politics print a very bad look. somewhat hypocritical on the republican party brickwork sometimes a subsidies take away the competitive edge american companies have because of our more competitive nongovernmental companies out there. mary, you combine the chips bill with this reconciliation, if it passes. you come up with a number that's tickling at the edge of a trillion dollars. that is real money that's going to do nothing but increase inflati

david: hello.haad: ali baba shares dropping back after report the company faces a inquiry over data case. authorities in shanghai summoned executives from ali baba's cloud decision -- division. the private security research included a hacked police database posted on the cloud platform. the company had interest as torstar coming back to asian travel hubs. its u.s. rival mgm resorts recently approached the shareholder, which is the billionaire family on a possible deal. while the discussions did not lead to an agreement, other futures have also been studying the firm, the owner of france retails are expecting for your profit to hit the record over the weaker yen and stronger sales. they have raised therefore your forecast of ¥290 billion from earlier after 270 billion. all that according to the company statement. david: for retailing and clothing, let's have a look at property right now. chinese property to be exact. difficulties in this sector, and the latest angle is what's happening with mortgage

david? >> rob marciano again this evening, thank you. >>> we turn now to the other major news this thursday night, the new report out tonight raising fears of recession in the u.s. the nation's output of goods and services, the gdp, fell 0.9% in the past three months, the second quarter of decline in a row, which typically has been the definition of recession. but tonight, president biden pointing to other key factors, too, among them, the jobs numbers, saying this economy isn't an easy one to label right now. but whether it's officially a recession or not, rebecca jarvis tonight with families across the country are saying they're feeling this on everything they're paying for. >> reporter: tonight, whether you call it a recession or not, the u.s. economy is losing momentum at the same time american families are facing the highest inflation in a generation. hitting those on fixed incomes, like retired nurse priscilla jordan especially hard. >> i feel like a recession is here. >> reporter: are

>> reporter: david, pat cipollone really is the key witness here.was one of the few people who was with trump at the white house when all this went down, and a source close to cipollone told me that he seriously considered resigning on that day but decided to stay because he felt things would have been even worse if he had left. david. >> all right, this is all again tomorrow night, jon, thank you. jon will be right here with me and the political team live as we cover it, the january 6th committee, the primetime hearing begins at 8:00 p.m. eastern, 5:00 p.m. pacific right here on abc. >> on capitol hill, the first time the wife of a foreign leader has delivered remarks to so many gathered lawmakers inside the capitol. ukraine's olena zelenska making an emotional appeal, not she said as a first lady but instead as a daughter and a mother, thanking the u.s. for its support but also pleading for air defense systems and what she brought with her. rachel scott on the hill tonight. >> reporter: tonight, an unprecedented and personal plea from the first la

david? >> all right, will carr leading us off tonight. will, thank you. >>> the other major headline involves the coronavirus here in the u.s. and what authorities now say could be the most transmissible variant yet, now spreading across the country. and this evening, what moderna is now saying about its new booster, how effective it is against this troubling variant. their data is hopeful, but of course, how soon before that booster is now available? here's eva pilgrim tonight. >> reporter: tonight, with covid resurging, experts are warning the subvariant ba.5 could be the most transmissible omicron variant yet. >> omicron ba.5 has mutations in its spike protein that give it the ability to escape antibodies, both from vaccines and from infections from previous omicron subvariants. >> reporter: ba.5 is driving covid infections, and now makes up more than half of the country's new cases. and health officials in los angeles and new york are once again urging people to mask up indoors. >> bette