delphi sent to acquire new economy. we will get insights on the deal.s is bloomberg. ♪ emily: earlier this week, we learned delphi has agreed to purchase nutonomy for $450 million. nutonomy previously partnered with major automakers including jaguar, peugeot, and lyft. delphi is in the process of splitting into two companies, with one producing trains and the other developing self driving systems. joining us from boston, nutonomy ceo karl iagnemma. great to have you on the show. what distinguishes you from the pack? karl: we've got unique technology that we've been developing that draws on my background at m.i.t. we've been in this space longer than just about any other startup. we've got more cars on the road, more miles under our belts. that is really what set us apart. emily: why go with a supplier rather than an auto manufacturer? karl: the suppliers fit in a really interesting position. they can sell to the fleet markets, and they can also sell to their traditional oem customers. a supplier like delphi sits at a very strategically valuable point in

. >> reporter: welcome to the place that gives filth delphi ya it's bad name. 1600 block of south bam brie street. this hundred yard, two lane stretch between tasker and morris is little more than a landfill on asphalt. linda peterson barnes pushed her eight month old grandson passed his mess and shook her head in amazement. >> wow! wow! what you going to do? what can they do about it. >> reporter: apparently not much of the debris includes discarded television sets, old mattresses, construction debris of all kinds. trash has been illegally dumped right next door to what sixty two dull trace of vehicle facility. signs are posted all along the building right beneath cameras that are clearly no deterrent. the school district isn't exactly doing its part to beautify the neighborhood. fronting bam brie is a graveyard of beat up and vandalized school district vans. stacks of undelivered newspapers dating to late august suggest this mess has been here for while. and the amount and nature of the material suggests at least some of it is shall we saim poured from remodeling crews from elsewher

. >> wharton prime and team delphi. [ applause ] >> congratulations to you guys. [ applause ] >> co winnersf friday's wharton presentation gave us a sense of what it will take to real in the big catch. first and for most tax breaks and incentives by our students calculations more than $12 billion worth. and worth the price. >> inn direct effects of the ne& business that is will want to come to philadelphia now and, um, you know what these people will be contributing to the city and eating out and renning apartments and there's just so much value that philadelphia will gain from that. >> reporter: philly got to overcome its reputation of high and confusing business taxes. but our student contest winners say the cost of living here is a selling point. >> i mean a big part of it i think is kind of highlighted by the philly food scene right now. you have all these restaurant tears who can't handle the prices in new york city and so they're coming over to fill and saying, wow, we have 99% of the benefits of new york city at& half the cost. >> reporter: given the competition, philadelphia is far

ford delphi and everybody else and all the car manufacturers.u should be able to see a lot more partnership going forward. >> i hope you won't mind a question about hardware in general. a call on apple, a price target increase, but it is an upgrade on more aggressive market segmentation, right? i wonder if you think that's important right now. >> i can't speak for apple, right? the other fruit company. i can't speak for them but i think it is important. apple would need to move to the high end, to enterprise, because the asian producers are going to get the lower end of the market. so this to me is quite sensible. >> speaking of the stock, since you switched here to the nyse, looking at a long term chart, a long way to go, but i don't know if most people realize it's up about 50% over the last 12 months i know you have been repairing the balance sheet. where are you in terms of convincing investors this is no longer a phone company >> first of all, we are no longer a phone company only. we license our phone what we have done is get ourselves out

. ♪ week, werlier this have learned delphi has learned to purchase a startup for or hundred $50 million $450 million. the -- splitting joining us now from boston, the ceo of the economy -- new economy -- nutonomy. what distinguishes you from the pack? >> we have unique telik -- unique technology that draws on my background and cofounders background at m.i.t.. we have more cars on the road, more miles under our belt and that is really what set us apart. emily: why go with a supplier rather than an auto manufacturer? >> they can go off and sell to the fleet markets. oem can also sell to their customers. emily: you have been testing thomas cars in singapore. what you do the same in boston? and in fact, we are today. we will be expanding text -- months and next few getting everyday people off the street and letting them experience what it is like getting into a self driving car. emily: there is a bill enabling testing in the u.s. working its way through congress. what will this bill change for you? criticism.e some will say it will allow you to test self-driving cars without safety restrict

believes more than eleven and a half thousand people died trying the crossing but of delphi me joins us live now from paloma where that conference is taking place what are they trying to achieve today. trying to find. out. for example that. agreement with. was one of the main reasons behind his. number. throughout two thousand and seven. the bad weather. would have anyway a minimal number of people. but. very. a bigger challenge. to three months. thousands of people arriving. if. you don't have anything. any boat. to. well either. we heard. many thanks. to them mentioning libya. for a second refugees and migrants taking advantage of instability in libya to attempt . to europe. from the capital tripoli. twenty year old testimony is waiting for voluntary deportation to head home. she's among three hundred living young judean women in this detention center in tripoli. they were arrested on a dangerous journey in the desert when the in the coastal city of. the paid people smugglers to reach italy but failed. because they lost. the nose. for me. around one hundred migrants from african an

a bit of an incident on new hampshire avenue southbound at delphi road. the right lane is blocked with police on scene. not a the beltway traffic itself is looking very good today here at river road, a great start to the day. no delays. just a lot of cars. 270 is off to a decent start as well will stop -- start as well. that is often the traffic adrianna: remember this viral body camera video? that officer you see there has been fired. the celtic city police chief phyllotective jeff payne dough policies when he tried to arrest the hospital nurse. she refused to take blood from a patient who was unconscious post of the patient had been involved in a suspected of any wrongdoing. developing now, new details on last week's mass shooting in las vegas. as we learn more about how the gunman got the arsenal of weapons into his hotel room, his girlfriend and brother are facing new scrutiny. brian ross has a latest. federal law to enforcement authorities, marilou danley has been designated a select the other tsa. they said her potential importance to investigators.

business and industry gradually swallowed the sun genes while the so-called delphi sound flava nothing fly had the sad owner of becoming the first american flight on the endangered species list. to protect it in one thousand nine hundred three the state froze commercial activity on its habitat colton's growth dropped to zero all because of a park. the citizens here you know what jobs the citizens want retail services they want more businesses to be here and right now we're prevented from bringing them into town so the fly found itself hated by the entire population but one man's misfortune in the fly is a rare species with rare property makes a very good financial investment. we can create as much value for both our stockholders as well as create a biological opportunity for conservation by turning out into litigation right so our most recent sales have been two hundred fifty thousand dollars an acre. the bank saw an opportunity here in mitigation bank it realized that it could make money off these useless little sandflies it bought a part of the flies habitat and then it did nothing l

this just might be the trap yesterday block in all of filth delphi y1600 block of south bam brie streetat should be a connector between tasker and morris is instead a long narrow dump. we noticed linda peterson barnes pushing eight month old chase past this mess. >> would you take your grandson down this street? >> oh, no, we couldn't even get through. they got blocks and everything down there. bricks. >> reporter: you'll find your filthy favorites here discarded television sets, old mattresses, construction debris of all kinds. even a garbage disposal that's been disposed of here. seems obvious much of this junk is shall we say important from -- em poured from elsewhe elsewhere. >> pick on the poor neighborhoods to do that. so really not surprising but you know like that's a shame to do that. >> reporter: trash has been illegally dumbed right next door to a school district of philadelphia vehicle facility. signs warning against dumping are posted all along the building. right beneath cameras that are clearly no deterrent. the school district isn't exactly beautifying the neighborhood.

. >> wharton prime and team delphi. [ applause ] congratulations to you guys. >> reporter: co winners of friday's presentations gave us a glimpse what it will take to win the big prize. first and for most the lure of tax breaks and incentives. lots of them. >> came up with big and daunting figure to be honest around 12 and a half billion. >> 12 and a half -- >> bill, billion with a b. outheard right. >> amazon part this would be an opportunity -- >> philly's business reputation as the high taxes and cumbersome regulations is a challenge our student contest winners say the cost of living here is selling point if you're comparing to the new york cities or san franciscos of the world it's half. i mean that's pretty material. if you're amazon and you're considering salaries for 50,000 people that's relevant. >> reporter: philly sales pitch must include an educated work force, mass transit, housing, quality of life. but one much our student winners says the competition for amazon has already helped rhee erase our notorious inferiority complex. >> i think this effort has already made leaps