david: if they didn't hacker they are probably kicking themselves for not having done it t was probably so easy. great: wonder why wikileaks don't have her emails yet. david: they probably do. melissa: house homeland security committee addressing threats worldwide from terrorism to refugee crisis to cybersecurity. fox news's catherine herridge is live in washington, d.c. with details from the hearing. catherine? reporter: thank you, melissa. good afternoon. 250 citizens gone to or attempted to travel to syria or iraq to join isis. fbi district tore james comey testified this morning that number of americans appears to be leveling off but remains significant at six u.s. citizens per month. >> isil has used that ubiquitous social media to break the model and push into the united states, into the pocket, on to the mobile devices of troubled souls throughout our country in all 50 states, a twin message. come or kill. come or kill. reporter: the most immediate challenge according to this morning's testimony on the hill, the vetting of refugees as isis claims to be planting operatives and sending them into

>>david: and it, it's great that these candidates are, are in the state. >>amanda: mmhmm. >>david: mean, this is iowa. we like to be first in the nation. we're pretty discerning. we're in the center of the state. we're a purple state so it should start here. >>amanda: so are you gonna endorse anyone? >>david: you know, you leave the door open about that much just >>amanda: mmhmm. >>david: in case in the end you're really passionate about somebody. >>amanda: yeah. >>david: but who am i to think that an endorsement by david young is gonna make or break a (chuckling) >>david: the iowa caucus? >>amanda: i mean, what would it endorsement? i'm curious. you just have to have a wow factor about them? >>david: leave me alone. how's that (chuckling) >>david: for wow? >>amanda: yeah, right. that would make them stand apart from the others probably if they actually did that. well, you have met donald trump so i have to ask what you think about him and, and how you think he represents your party? >>david: he's bigger than life, right? >>amanda: yeah. >>david: in the beginning you, you,

. >> hey paula, david great to be with you in boston. steve hartman will be along with his on the road series tonight. this evening he's going to be focusing on a high school football coach who was surprised to say the least that helmets was his own daughter. we'll have that and the rest of the world news coming up on the cbs evening news in about 10 minutes. >> all right scott thank you. if you love halloween there is only one place to be this weekend. >> salem is the capital for all things trick-or-treating our jim armstrong is there. reporter: i'm about to be joined over the course of the next couple of days by a vast record breaking size crowd. they are estimating tomorrow here alone between 80 and a hundred thousand people coming day. >> have you ever been to salem before? >> no my first-timers if there is such a thing as halloween spirit this place on this you'd find it. >> i'm the one that directs them where they have to go ask you send people on candlelight ghost tours. >> and i give them canneds. >> it's terrifying. >> yes it's

. >> hey paula, david great to be with you in boston as always. our federal sources are telling us the private e-mail accounts of both the c.i.a. director and the director of home lands security have bipartisan hacked and they are launching a criminal investigation to find the perpetrator we'll have that story and the rest of the world news coming up on the cbs evening news in about 10 minutes. >> we'll be watching scott thank you. next boston's traffic division joins twitter. not really at the fake tweet that had the internet smiling ready to head out when others head home. upgrading technology, managing vegetation, information to you, because we know you're counting on us. we're ready for winter, and we want to make sure you're ready, too. visit eversource.com to learn more and sign up for storm updates. and be sure to follow us on facebook and twitter. ever new england. eversource. for the girl scout meeting... ok! for the soccer team... for the girl scout meeting... how many meetings are you having?! stop & shop just dropped prices on thousand

. >> paula, david, great to be with you in boston. president obama made it official today what we first reported here in this broadcast last night. that thousands more american afghanistan. many more than the president had hoped. we'll explain why. also, medicare premiums for many people are set to go up by 50% unless congress does something about it. we'll explain that to you as well all coming up on the cbs evening news in about ten minutes. thank you. >>> also coming up, why you could soon be saying cheers on ready to head out when others head home. at eversource, we prepare for ugly weather all year long. upgrading technology, managing vegetation, information to you, because we know you're counting on us. and we want to make sure you're ready, too. visit eversource.com to learn more and sign up for storm updates. on facebook and twitter. eversource. building a better bank starts with looking at something old, like this... and saying, "really?" so capital one built something new - caf\s. where you can unwind with free wi-fi and ban

. >> lisa, david great to be with you in boston. we all remember the recall of blue bell ice cream. 8million gallons across the bacteria contamination. well now in a cbs news investigation blue bell employees tell us some disturbing things about the sanitary conditions inside those plants. we'll have that story and the rest of the world news coming up on the cbs evening news in about 10 minutes. >> we'll see you then scott thank you. coming up next turning traffic into art. a lovely way to look at the ready to head out when others head home. at eversource, we prepare for ugly weather all year long. upgrading technology, managing vegetation, information to you, because we know you're counting on us. and we want to make sure you're ready, too. visit eversource.com to learn more and sign up for storm updates. on facebook and twitter. . the irish banking boss will be in a boston courtroom. they want to extradite david drum. drum ran angelo irish bank. it collapsed then had to be bailed out by the irish government and that triggered a na

david: we know about that great wall that existed between the two committees. >> watch this guy bin, it sounds. david: it sounds like he's taking the trump line. the candidates, will hillary and bernie again to sound like trump on this. >> i truly have no idea, i don't think anyone wants to sound like donald trump but, you know, there's richard clark and very interesting point that he made, which is that he resigned or threatened to resign over the fact that he's begging and pleading -- judy, you're nodding your head because you know i'm right? >> that's true. david: wasn't clark also begging the clinton administration to take him out when he had a clear shot. >> yes. david: hold on. i'm asking judy. do you mind? >> there's a lot of blame to go around. but blame is not the solution. and it doesn't prevent the next 9/11. 9/11 commission says that everyone forgotten is something that president obama forgotten, which is the most important thing you need in terms of government talking, connecting the dots is transparency and communication and president obama has been the least transparen

betty: david, great do see you. thank you for joining me.enney, the ceo of a weather company joining us in atlanta. still ahead, linkage -- link in shares have been losing steam -- in shares have been losing steam. ♪ betty: welcome back. career networking site linkedin will rip the third-quarter earnings after the bell today. it has a lot to prove to investors because shares are down 6% this year. analysts are wondering if the an online learning platform may be inflating sales, masking growth organically. is it masking growth or lack of growth? peter: i don't think so. of its revenue is the revenue. about 20% advertising. it is a little bit of a missed -- a mix. last quarter, it was about 30%. this is a stock that is volatile around earnings time. they put up numbers that are over the pastd four quarters some disappointing numbers as well. betty: why is that? paul: they have grown so much on the expectations have gone ahead of them. the recent acquisition of -- that is a business that is growing quickly. they are integrating that into their

david: great to have you both on. very interesting perspective for both of you. >> thank you. lori: tell you this is putting party in chaos. david: you just saw with those two gentlemen. both republicans. both claim they represent the tea party but very different view. lori: a lot of liberal come nists this could hand the presidential race to the democrats? david: that's a stretch. >> consider the source. talking about a new leader for house republicans scrambling on capitol hill. how will democrats respond? we'll speak with one. plus? david: deadly floods in south carolina unfortunately continue. how the historic rain still threatening the state even when the sun is out. lori: escalating crisis in syria. russian missiles heading off course to iran. ♪ ...as a combination of products and customers. every on-time arrival is backed by thousands of od employees, ...who make sure the millions of products we ship arrive without damages. because od employees treat customer service... ...like our most important delivery. od. helping the world keep promises. technology empowers us it pu

david: great company, but again the question, leif, pcs. is the pc market -- earlier a couple years ago, everybody said the pc market is dead. i don't think it is dead. it had a little bit of a comeback but is it enough to keep intel going? >> pc market, that is not intel's, not their bailiwick today. they shifted their focus doing more in clouds and devices and shipping 14-nanometer products. you're right pcs are down. they're expected in the 10% vicinity. not a big surprise so not a big deal gary i want to talk about j&j. johns and johnson reported earnings. -- johnson & johnson, it would have tanked but for the announcement of $10 billion buyback but paying for the buyback with borrowed money. borrowing millions to do that. we've seen so much of that recently, getting stock price up by borrowing money to buy back shares s that good or bad? >> i don't like it. i know other people say it is okay. look this has all been enabled by central banks keeping rates down at zero. so the cost to fund this is absolutely nothing. i got to tell you, th

david: great opportunity. you: i hope it is one that think is well executed. : thank you. rik: what we call you? we calm a billionaire philanthropist. stephanie: he is a great american. erik: he is participating in bloomberg's markets. the intellectual summit today. later on, he -- i am sitting down with coming your way. the interview live from the summit right here at 7:31. you are watching midtown manhattan on bloomberg. we will have more "bloomberg go." stephanie: welcome back to "bloomberg go." we have the first word headline. federal investigators are going to florida to find out why a cargo ship sank and the bermuda triangle. it fell and waters and nearly three miles deep. the hurricane when it was a category four storm. 28 americans were on board, one body has been found. russiater is saying should contact the pentagon about its flight over syria. its flights over syria. skies are increasingly clouded since russia's started to jet attacks. jets flew into turkey. u.s. officials want to talk with russia to prevent accidents in the air. california is the fi

david: great to speak with you, stand.ure to catch mark halperin's interview with chris christie on "with all due respect." coming up, baidu will report earnings. what can we expect from the company, and what do they have coming down the pipeline? ♪ david: china's largest search reports earnings after the bell. last quarter, the company trailed earnings estimates. reed stevenson joins me now to talk more about it. let me ask you. i was in china a few months back and two things stood out to me. how big the company is, and how it is so much more than just a search engine. how do you characterize what the company does? reed: this will be a report card on the transition of going from a pure search engine into a company resembling amazon, uber, delivering services to people, taking on alibaba and tencent and becoming a center of people digital lives. that's what they are trying to do, and this earnings report is going to be one of those report cards on the path to that transition. david: i gather they are making a push towards

haly, david, great to have both of you.f you can't catch tonight's debate because you're watching fox and the world series, we've got you covered. nothing to worry about, in less than two weeks, fox will host our own republican debate. trish, sandra and maria and neil host the main event. the dow industrials are up 161 points. all of it more. and let's go mets for david paterson. >>> jeff flock in the heart of the lone star state to show us how beef ranchers plan to raise their animals differently to grow what, the profits, jeff? >> i'm going to talk to one of america's foremost cattle ranchers about the world health organization, and well, what he thinks about what they had to say about his beef? stand by. you both have a perfect driving record. >>perfect. no tickets. no accidents... >>that is until one of you clips a food truck, ruining your perfect record. >>yup... now, you would think your insurance company would cut you some slack, right? >>no. your insurance rates go through the roof. your perfect record doesn't get y

david karp, founder and c.e.o. of tumblr. thank you so much for joining us. it has really been great to have you. thank you for hanging out. this was really fun. ♪ announcer: ray dalio is acclaimed in the world of finance. he founded the world's biggest hedge fund, bridgewater associates, investing nearly $170 billion. the self-made money manager predicted the lasting impact of the financial crisis. and his alpha fund has outperformed for decades. we sat down with dalio for an in-depth conversation on his investment strategy. his view on monetary policy. ray: i don't believe they can raise rates faster than is discounted in the curve. for the large part. announcer: analyzing the global economy. ray: i think china is going to be just fine.

david: he was great at that working with tip o'neill and other democrats to make this happen. >> exactlyd: we had a example of this not working, simpson-bowles. the president put together the bipartisan commission to talk about tax reform. they came up with a terrific set of plans, lower tax rates and get rid of deductions and president threw it in the garbage can. what happens when the best bipartisan, no labeled committee comes up with real common sense solutions and the president throws it away? >> well you haven't thought about that in a long time but that is really an excellent example of what should not have happened. simpson bowls was a real bipartisan effort. of the simpson simpson-bowles plan you put in private, 80 to 90% would say obviously this is a way to get out us out after deficit situation and spur a lot of economic growth and job creation. i think that was one of the great missed opportunities and mission takes of the obama presidency. the president should have grabbed that and run with it to the american people and to congress. david: and finally, iran, i mean that's an

. >> hey david, paula. great to be with you in boston seems like everybody is talking today about the medical panel is a likely carcinogen and meats such as bacon sausage and ham are definitely in the same category of cancer causing agents as tobacco. now there are a lot of nuances to all of this we asked our dr. jon lapook to tell us exactly what the risks are and what all of this means. he'll be right along on the cbs evening news in about 10 minutes. >> we'll see you then. scott thanks. next, locked away and long forgotten the treasures the every single day, more than 8,000 men and women are working together to create a stronger, smarter, more resilient system, so the 3 1/2 million people we serve have the energy they need. we serve new england. and energy brings us together. . >>> they had to get the job done they didn't have much time work crews go into fast forward to make emergency repairs. we did speed up the video. earlier this month a storm pipe collapsed creating a big sinkhole in mauled mauldin. >> th

>> reporter: hey, david, paula, great to be with you in boston. hillary clinton is still in the chair ever since 10:00 this morning, she has been grilled by the benghazi committee. it is still going on and often the testimony has been testy. we will have that story and the rest of the world news all coming up for you on the cbs evening news in about ten minutes. >> we'll see you then. scott, thank you. >>> up next, remembering a it's amazing. this is amazing. that's amazing! real people are discovering surprising things at chevy. we're sold. it's so pretty. beautiful. it feels great. perfect. this is not what i would expect from a chevy at all. get more than you expect the 2015 models are going fast. find your tag and get cash back for 15% of the msrp on select 2015 vehicles in stock. or, get 0% financing for 72 months on these remaining 2015 chevy vehicles. ready to head out when others head home. at eversource, we prepare for ugly weather all year long. upgrading technology, managing vegetation, improving how we get information to you, because w

. >> david, paula great to be with you in boston. among the stories in the broadcast tonight by denver u.s. clinton. the vice-president sure sounded like a candidate today as' e tired a shot across the bow of the democratic frontrunner and revised a little bit of his own history. we'll have that and the rest of for you on the cbs evening news in about 10 minutes. >> a in look to the n b ta but the the n b ta water your help designing its new subway cars. the t has ordinaryed new green orange and red line cars and it wants to give them a new look. so it's put up three designs for each caron line. over the next two weeks users can pick their favorite. you can vote by going to our web site wbztv.com. what will matter most to riders is what's inside the n b ta says the cars will have more comfortable seating better lighting and improved heating in february. the first new cars by the way arrive in 2017. >> you know what a good look would be on time. that's the best look there is. new at 6:00 if you got an autograph at fenway park in augus

. >> good evening david paula great to be with you in boston one of the most beautiful places in america. this time of year is martha's vineyard. we will go there tonight on the broadcast and look ate couple of people who were only delivering the daily newspaper but now they have 15,000 followers because of the remarkable images of the vineyard that they have captured. we'll have that and the rest of the world news all coming up for you on the cbs evening news in 10 minutes. >> nothing like it 0 in october. we'll see you in a few. it sounds like a good idea getting rid of waste at the statehouse. when you hear the plan you may . >>> streamlining the statehouse lawmakers have an idea that may have you shaking your head. soon the state may create a board whose mix will be to decide whether we have too many boards. the legislature may create a special ma'am to review all the commissions and boards and decide which ones we don't need. >> if you left your car at logan airport a while back you probably should go get it. they are about to sell 90 cars have been abandoned in the parking garages

let's bring in our hong kong reporter at large, david tweed. great to see you. all getting ready for this visit -- it has been everywhere. how has it in for trade in china? david: everywhere pretrade in the chinese press. last friday the front page was in a complete royal swoon. it went into minute detail about exactly what would take place at buckingham palace, about the state carriage, about which corridor door xi jingping and queen elizabeth ii would walk down before they got there. they would set at a horseshoe table -- and today, i will show you it today. we have a story that is talking about all the stops being pulled out in terms of decoration in chinatown. there is a campaign. theyhinese side of it -- do mention the economics, but for them it seems to be so much more important exactly what sort of honors are being afforded to xi jingping. francine: and this is why? because it is looking at china's status in the world? they are extremely attracted and wants that state is globally -- why does china put so much energy into this relationship? david: you have

dari: he is considered to be one of the world sexiest men but now soccer great david beckham it showing off his sensitive side with his latest tattoo. steve: a stick figure designed by his 4 year older daughter harper. a freuh artist, this year, he unveil a tattoo, inspire by his three sons, he is running out of space. you go on the palm of hand not much real estate left. dari: is that why you did that. >> right. he has a lot of ink. nick: smart idea, a drawing from your child. dari: sweet. >>> i should have thought about that. steve: it would have been off brand for you. >> it would be. >> yes. steve: take care we'll see you tomorrow. i'm bobby flay and new york is my home. there's no place like it in the world. come fall, i like to get a taste of everything the state has to offer. like this famous winery nestled in the hudson valley. or the award-winning vineyards of long island. this cooperstown brewery belongs in every beer lover's hall of fame. you can even try new york's exceptional cider and spirits. this fall, drink in the beauty of new york state. plan your trip at iloveny.com.

david: please stay with us. stephanie: what a great morning. david: i agree. stephanie: we want to know what your questions for tom. get in touch on twitter. ask us -- ask what you would like to know. next, we will talk about liquidity. the big thing for all of our guests. we asked tom to weigh in just ahead. ♪ vonnie: pimco says a lawsuit filed by bill gross has no merit. he is demanding hundreds of millions of dollars. if he wins the case, he says the money goes to charity. cuts are underway at one of the uk's biggest banks. roughly a thousand jobs. the bank will sell assets and cut clients. in california, the real estate boom has slowed down. the share of homes bought by overseas investors is added -- at the smallest in 10 years. that is your business flash. david: tom and jason, we have heard from several big investors this week on the issue of liquidity with it from points of view. we are going to play little bit of what they said so we can set up a discussion here. wax the banks all have plenty of liquidity and capital requirements. what you will have is

david r.: great question.i first started with my , the carverol academy, i wanted to raise money and i had this great idea. i wanted to educate less privileged kids and my owner came to me and i have -- and said i have seen more money wasted and education than anything else. a discouraged me. i thought that was one of the best things that happened, because it made me sit down and evaluate my commitment. the key is partnerships. there are a lot of people out there doing great things. you have to build synergy with those guys. you do not have to duplicate efforts. public schoolsth and became a charter school. we were the first school in san antonio. now there are 10 schools and we are building 20. atphanie: you have one son notre dame. what are we going to get? david r.: ica national championship. stephanie: your son is playing duke basketball. david r.: he's a freshman. fantastic. looking forward to that. stephanie: david robinson of admiral capital. ♪ from the're 30 minutes opening bell. welcome to "bloomberg

great enlightenment philosophers, voltaire. these are the people that really opened the doors up, adam smith, david hume. these are the great, i think, started the rational, skeptical scientific movement. >> host: a lot of people here at freedom festival like john locke. >> guest: i would throw him in there, absolutely. he's in the top five, absolutely. john locke. >> host: "the moral arc: how science and reason lead humanity toward truth, justice and freedom." here's the cover. michael shermer is the author. >> every weekend booktv offers programming focused on nonfiction authors and books. keep watching for more here on c-span2, and watch any of our past programs online at booktv.org. >> booktv covers hundreds of author programs throughout the country all year long, and here's a look at some of the events we'll be attending this week. tuesday at book culture bookstore in new york city, history professor -- [inaudible] will recall how african-american domestic workers sought to form labor organizations during the middle of the 20th century. the next day we're in california at a book passage bookstore for

great life and we are getting our money's worth. politicians love to make headlines with things that create headlines. david news is we will continue talking politics with ken. we will find out who he would like to see run the country stephanie: it will be ken. ♪ vonnie: $106 billion. they rejected several billion offers. responsible for one out of every three sold in the world. it looks like barclays will name another american investor at its -- as ceo. david: let's go back to politics. particularly governor chris christie of new jersey. look at the polls. cbs has a new poll out. ken: i think trump is performing a fabulous service. i think the numbers would be genetically different. the reason i love chris christie is because there is no nonsense between us. trump stole the thunder. trump was there and did it first. it is the first time in history someone said someone stole the thunder from chris christie. ken: you heard it here first on your show. christie is not a bully. he is from new jersey. he see something and he wanted to be fixed. let me ask you a question and i will say something to you. nyu medic

david katz, always great to speak you.t outperformance from here but aren't willing to go stock picks. >> we look at pe, this is a slow growth group, the companies can grow from 6 to 10%, you don't want to overpay for them. a lot of the things that have done best are above 25 times earnings. we would look at those as a source of funds. the few that you have not done as well, companies like proctor & gamble, pepsi has done okay but still has a lot more left, under 20 times earnings, cvs 19 1/2 times earnings. we get you get the same stability but you have more upside. if you are bullish on the market we do think you want to go to other sectors, if you are bearish this will be a little more protective, but don't rely on the things is that worked best up to now. >> are you invested in any of thieves picks, david? >> yes, we have proctor & gamble, we have been buying a lot more down here, it has been one of the biggest laggards in the dow and in this sector. it has a ceo change, we think they're on their way to getting their a

great to see. the relationship with secretary clinton? davidas deep and i really think they had known each other for the clinton years, they had stayed in touch during the bush years. she trusted him. she saved his job more than twice. she believed in his ability to execute and all the things he brought to the table and was willing to say it was richard being richard. he was difficult. the day he died, she said he came in late. she said that is richard being richard. she said, i saved the big chair for him. hillary clinton saves the big chair for my big father so he's comfortable. it is a remarkably human touch. do not sit in that chair. that is holbrook's chair. his heart starts to go. she was a comfort to our family during that time. he got out of the hospital -- he got to the hospital but he quickly. he was taken into surgery pretty quickly. weekend.t through the it was not pretty. my heart breaks because he had so much more to say and so much more to give. one of the reasons i made this film i felt america should be hearing from him still.

not much to report here, just sunny and great. 60s and 70s, david, lisa, there you go. >> love hearing great in october. >>> tonight, the eye team investigates generic prescription drugs. >> they are cheaper, but there >> they are cheaper, but there is one thing no one's telling you and this has a local family fighting for change. we take a closer room. . reporter: rowan steel is a happy baby but this girl is facing a long painful journey. >> she has several surgeries ahead of her. reporter: this is her after her first surgery to repair a heart defect. a defect her mother learned might be from a drug she took for morning sickness. >> it will be with me for the rest of my life that i made that choice. here i was trying to take it to help myself and look what it did to her. reporter: she took the generic equivalent of zofran. nausea in chemo patients. >> we've seen horrible injuries. reporter: this attorney has seen many effected by the drugs but only those who took the brand name are allowed to file suit. >> current law does not allow for generic manufacturers to be held accountable. re

good morning this is the david geiger. ---- great weather conditions led to the majority of soybeans harvested in the state.. according to the iowa crop report.. only 17 percent is left in fields.. but.. there are exceptions.. south central iowa had a really rough season when it came to rain.. so i headed down there on monday.. to see how the season looked... and how well beans were coming out. "we've been off to a real good start here, here in the soybean harvest, see we're running 60, just under 60 bushel right now. we had some beans that we planted in april, we've taken all them out. we're now into soybeans that were planted into early june. it's amazing for what they're yielding, for being planted in early june. but i guess when you have 32 inches of rainfall in a year it helps grow a crop. doug holliday, family farm here in greenfield, iowa. we're about 50 percent done with soybean harvest. i think that's about where south central iowa is today on the report. some of the elevators are having some logistic problems. they just told me that the one they've been hauling to they're g

david: i've been really lucky to have some great investors and mentors from early on.o i've had great partners with me to steer me to what i should have been doing or best doing with my time. for every moment in tumblr's history. the way the team works has changed hugely over the last eight years. and the people on the team have changed as well. emily: tell me about selling to yahoo! did you want to sell or did you feel like you had to? ♪ emily: tell me about selling to yahoo! how did you make that decision? how did the process start? how did you start talking to marissa? david: the conversation with marissa was a fun one. this came at a time where we were looking for partners for strategic investment. we were in the process of raising money. more than just having an investor come in and cut us a check. actually show up with some technology we can lean on. with some resources, distribution, content that could make our network better. there was a ton of things to do with yahoo! but also, with marissa -- her vision for what she was trying to do with the company was reall

david: michelle, great to see you again. appreciate it. melissa. melissa: major shift in the fight against isis as top senate lawmakers grill state department officials about the u.s. strategy in the middle east. defense secretary ash carter laying out a new proposed strategy to defeat the terror group, moving u.s. troops closer to the front line. >> we won't hold back from supporting capable partners in opportunistic attacks against isil or conducting such missions directly, whether by strikes from the air or direct action on the ground. melissa: joining me now peter brookes from the heritage foundation. he is a senior fellow there. thanks so much for joining us. >> sure. melissa: does this mark a major departure for the president, a change in action or does there a big gap between thinking of white house and thinking of the pentagon? >> they will have to come to meeting of the minds, melissa because obviously the president has the last say, but based on testimony the president has given this green light to this increemental and i say long overdue

it has been a great year for cbs. david: congratulations. nice to have you here. mr. at to be here. ceo les moonves. stephanie: later, alan krueger joins us. what questions do you have for him? let us know. ♪ vonnie: time for a business/. i am vonnie quinn. wells fargo boosted profits and gains and interest and income from asset sales. it also made more loans. earlier today, bank of america also reported higher than expected profits. the banks involved in the big beer takeover will be tracking champagne when it is all over. they will split up $235 million in fees. the banks include jpmorgan, morgan stanley, and goldman sachs. there is also a tiny british boutique with fewer than a dozen employees. biggest airline wants -- wantsut a deal to to scrap a deal to buy 787's. that is your bloomberg business flash. superstar tom brady the new face of a luxury watchmaker. i sat down with the patriots quarterback last night and asked him about this new partnership and his fantastic season. we did a little word association. yearlayingmy 16th professionally. i have had a lot of op

david: steve ratner has been great. thank you for joining us. l be steve.by don't go anywhere, this is "bloomberg ." ♪ david: 30 minutes from the opening bell in new york. welcome to "bloomberg ." i am david reston. stephanie: i am stephanie ruhle. joined by erik schatzker. erik: with us this hour, the founder and managing partner of .eta-capital management nice to see you. it has been made since we saw you. stephanie: extraordinary performance. is a mortgage specialist. we are going to be talking about investment strategy. looking for to it. right now, time for the first one with vonnie quinn. you.e: thank america's longest war will last beyond president obama's term. a u.s. official says 5000 troops will stay in afghanistan into 2017. the president wanted to bring all troops home from afghanistan before he left office. afghan troops and police are having trouble controlling the taliban and al qaeda. releasedtorius will be from prison five days from now. a parole board is allowing pistorius to serve his sentence under house arrest. the p

david chalian, great to have you here with us.cinating outlook. >>> nevada voters, what do they want to hear from the candidates? the people in this state will play a huge role in electing the next president. just might be the one. to clean the oceans, to start a movement, or lead a country. it may not be obvious yet, but one of these kids is going to change the world. we just need to make sure she has what she needs. welcome to windows 10. the future starts now for all of us. the way i see it, you have two choices; the easy way or the hard way. you could choose a card that limits where you earn bonus cash back. or, you could make things easier on yourself. that's right, the quicksilver card from capital one. with quicksilver you earn unlimited 1.5% cash back on every purchase, everywhere. so, let's try this again. what's in your wallet? you stay up. you listen. you laugh. you worry. you do whatever it takes to take care of your family. and when it's time to plan for your family's future, we're here for you. we're legalzoom, and f

it's like having a conversation with david, he gives all the scoop and all the stories about -- eddie murphy stories and the chris farley stories. anyway, it's a great book. david spade is here, everybody. [ cheers and applause ] what are you doing? >> steve: that's his doctor's car. >> jimmy: that's my doctor's car, yeah. plus, we love it when he stops by. the one and only mike tyson is joining us. [ cheers and applause ] and this guy's a professional. this guy is the best. >> steve: he's a pro. >> jimmy: he's talented. he's a pro. he's the best. we love him, blake shelton is here tonight! [ cheers and applause ] "reloaded." hey, guys, i'm excited, because we're about to play a brand new game. it's time for "spin the microphone"! [ cheers and applause ] spin the microphone spin the microphone >> jimmy: all right. before we begin i'm going to need some people to play with. so please, welcome the coaches of nbc's "the voice," adam levine, gwen stefani, pharrell williams and blake shelton! [ cheers and applause ] >> that was really nice. >> very nice. >> jimmy: adam levine, come on. nice to see you. >> no problem. no problem. >> i totally forgot about

we know larry david does a great bernie sanders impression. but does bernie do a good larry? ext. travel consideration provided by. >>> i can watch that over a over again. come on, larry david killed his impression of bernie sanders last week. >> he really did. everybody is still talking about but this time it's bernie's turn. bernie showcasing his impression jimmy kimmel. >> what did you think of larry david's impersonation of you on "saturday night live"? >> well, i think it was pretty, pretty, pretty good. >> that was pretty, pretty good himself. >> you know what else is pretty good? >> actually, it's great. the "insider" together with yahoo. >> take care, everybody. >> yahoo! i'm only in my 60's. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplemen

reporter: but for the kids who comply and statistically that's most of them, the rewards are great. so david could you have imagined two or three years down the road where you are now? >> i never saw it coming. i thought i was -- i was just stuck. like i was just stuck in that position of oh, what's the next part of my life that i'm going to mess up or something like, i'm going to hurt my mom next or my brother or somebody else in my family besides myself. >> reporter: give me the two versions of david. david without this program where does he end up, david with this program where does he end up? >> if i didn't have this program right now i would be in jail, and with this program, it's positive, up hill from here. >> reporter: you're fundamentally changing the trajectory of these kids' lives. >> i hope so. i hope so. ultimately it is their decision to go with me or not. hopefully we can keep going forward and affect environmentally the culture of punishment into something that's a little more understanding, and less black and white. where you've done something wrong, you're going to be punis

attempts to modify it are great. david: i think the question was the ideal interest rate would be below zero, what is it that the fed should do that they did not do? they would not have to qe. the big it was not justified by that particular situation. is that the question? david: no, back to interest rates, if you need to do more to increase the money supply -- john: i think a lot of the discussion is about particular evidence an episode that you want to react to. what we do know is if you have a rule, and part of that rule is when it hits zero or one, you don't focus on the interest rate, you focus on money growth. that is a well-defined policy. it is a rule, that is what i would recommend. david: i think you heard the question, where you sending mixed signals in september? bill: i think the message was pretty consistent, it depends on the data. ,nd everything we have said global economic development and developing financial markets are important in terms of the monetary policy decisions. i thinknd of the day, we're prett

david: we have a really important show today, and a great guest. ian is a terrific leader in retail, but is also a mets fan. brian: it was a late night. david: a record for the world series. stephanie: there is still hope. david: let's start with the first word with vonnie quinn. now,e: if you hours from they're wrapping up their meetings. of anwas almost no chance interest rate hike. they now account on the fed delaying until next year. economic data has been mixed. manufacturing and retail sales all came in worse than expected. we would love a special on the fed decision. the house is expected to vote on that bill in the house. whether the spending increases will be offset by costs and other revenues. state lawmakers are unhappy. in chicago, i former house speaker will plead guilty in a hush money case. he agreed to pay some of $3.5 million to hide past misconduct. it involves sexual misconduct dating back to his time as a high school coach. now i look at the markets. matt: banks for a much. the futures up across the board after some positive tech

david: a great chart. juliette: it operates restaurants. a 13% rise. the $.3 billion. a bit excited. -- $1.3 billion. expanded to do quite well today. angie: -- angie: as you were taking ordered. david: i could take one it now. am doing a construction company. civil engineering. first half operating profits, just blowing past the company's. that is roughly over 2 times. sales were 9% higher. angie: watching that. ta-da. yvonne: bridgestone, the tire maker. a plan on friday which part to invest 30 billion yen on research and development and make a factory in tokyo. 13% down over six months. analysts like a. 0 sales. -- analysts like it. i will inflate. angie: nice! the verdict from the stock exchange. back in an angie: signs of stress. the gdp data expected to undermine the clintonian slowdown in china. discontinuing slow down in china. sales jumped 21%. end of an empire. john cryan dismantle the predecessor's operation impulses those down on the bank. -- and puts his own stamp on the bank. i am angie lau. welcome to "first up." our top story this morning -- the challeng

david benjamin, a great unsung hero. as a jewishn immigrant from london whose family settled in leavenworth. father.know his thebenjamin's worthy beginning of philanthropic jewish centers in the community. david benjamin was fred harvey's bank teller. he was dispatched to kansas city to set up the office here and he ran the harvey son rea business. part of the reason people thought he was alive for many years after, that was his plan. for the people who ran his business every day and worthy bedrock of the business community for literally dead word david benjamin and his son harvey. he married and moved to kansas city in the late 1880's. he was a quiet power in kansas city for 15-20 years because the company put forth the idea fred harvey was still running everything even though at one point fred was sick and then after 1901 he was dead. he left a will that said the company had to run as if he was alive for another 10 years. .is will could not be probated the reason people always believed he was alive was because fred and

arse isie: -- a david b here. great to have you. at the state of financial markets. dell announcing its planned acquisition this morning and emc shares are moving. matt: that's right. obviously emc owns the majority of vmware. pay in cash for emc. they will issue a tracking share for vmware which is worth about 53% of the company. that should be about nine dollars. you are going to see what is happening to emc's stock. it is down. it doesn't look like investors are particularly thrilled. it looks like it is going to be about $67 billion. let's take a look at futures right now. not a lot of movement here. these are the many contracts swinging back-and-forth between gains and losses all morning. europe is negative. asia was positive. a lot of talk about the fed. you had a number of fed officials come out and support the view that there will still be a rate increase this year. guess who doesn't agree with them? wall street. traders are betting a 40% chance that the fed will move in december. there is more like a 62% chance that they wi

david: i will be the neanderthal. think this is great and big data is terrific. is some value in the government actually taking a look at the data and making sure they are right. i don't know the methodology they are using. data is pretty complicated. >> you can make it say what you want. david: there are some value of the government having a say so it'seting brendan: possible in the next five years we could have a hybrid. we have this long time series but we are learning things about economics. country joinsn a a currency union, prices should already be perfect. what we know from scraping data is the second that new countries joined the euro, their online prices suddenly become or even. stephanie: maybe they need a new term, scraping data? only on bloomberg can we get excited about inflation data? thank you very much. will share his secret for success in social media. ♪ david: welcome back. we almost did the whole thing on twitter. we got a video reply on twitter. stephanie: you can join in. facebook isaid that the best advertising platform in the world. >> that