dena's been in hospice for eight days. much loved grandmother, mother, and sister.estrictions mean her family can't visit. these guys have replaced my family, i'm very happy, very at peace. my family are a little bit devastated they can't come. i've got six brothers and sisters, and i thought i would never see them ever again. so these guys here have kept me going. dot taylor is 96, she's a great great grandmother. anybody who went around, they were always offered a bit of whisky only because it flavours it. at the very end of a patient‘s life, two family members are allowed inside the hospice. it's okay. so only now can they be with her mother, even though she doesn't have the virus. i came last wednesday, at that point, we were told that no visitors. what we haven't had is an opportunity to talk to anyone, because we were always in that stage where she's not able to talk to us in that way, but just listen to us. it's cruel in many ways. we will eventually have to say goodbye to my mum, and that's a different level of cruelness. gonna have a pipe with my brother. i

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theng up, speaking with nasdaq chief executive, dena friedman. in new york, p.m. 9:30 p.m. in london. and this is bloomberg. ♪ tom: good morning, everyone. "bloomberg surveillance." later today, dr. fauci before the senate. it will be most interesting to see the tone of the senators and the responses from dr. fauci of holy cross, and obviously the nih, working with the president on this global pandemic. rick lacaille, i look at the entire mix of equities right now. i look at the belief in long-term investment, clearly something that state street is focused on. what is the actuarial assumption of equities, given the new yield that we have. do you have to pull that ever lower, or you can you stay lower or -- middle or high single digits? rick: i think you've got to be low. i don't think you are in high single digits in terms of returns. i think it shows through in the yield curve number real rate expectations of low, dividend cuts on the way. i think we have to be modest. that is still a big premium. relative to risk-free assets, it is a premium worth having. long-run investo

dena, back to you. >> dana: gerri willis, thank you so much. and ousted trump administration official dr. richard bright has testified before congress today sticking to his claim that the white house ignored early warning signs for the coronavirus pandemic. president trump says bright is a "disgruntled employee." mike emanuel is on capitol hill with more. >> dana, whistle-blower what bryce says the pandemic will get worse. he is still employed by health and human services but was demoted from his post as talk vaccine official. he said it was for prioritizing science in safety over political expediency. earlier the subcommittee chair asked him to grade the trump administration's performance on covid-19. >> would you describe the governments and the administration's response as a success or failure? >> i believe we could have done better. i believe there are critical steps that we did not take in time. >> republicans are critical of today's hearing, calling it pure politics. >> i think any whistle-blower should be respected and allowed to be hear

the 16 euro store is-year-old store is co- owned by dena mardell. who bought it in 2013. and decided to sell half of it. book sales they remain down 8%. the bronx book festival will take place online. from june 24 to the 26th. book tv will continue to bring new programs and publishing news and you can also watch all of our archive programs at any time at book tv.org. nonfiction authors and books every weekend. a television for serious readers. here is some programs to watch out for this week such as david brooks westmore and martha stewart to give virtual addresses to the graduate class of 2020. the national senior writers provided the thoughts on the role that sports play in american society. and evolutionary biologist. looks at dna from prehistoric fossils. or visit books tv.org. my name is kaylee martin. thank you for joining us today.

have great audience questions try to submit it in the next couple of minutes if you have a question dena asks how do you go from the pipeline to the next step? and also want something is out there to customers what about innovation in the process? so what's next once the idea is out there how do they decide how to continue? >> here's the thing. i can describe the tech giant systems all day long they work but artificial intelligence can't replace is judgment. i think what you've got to do is put the systems in place to make yourself successful and make good decisions so it would be up to the people who have that decision-making power. the decision about the cultures,. >> so how does this play into how the's companies treat their customers? like the data because that's from the feedback. >> yes. here is an example. your customers can help you become more inventive. anyone who works in sales knows you spent almost your entire day comb through the crm to know who to call then it's all execution work and then you spend 80 percent of your time to set up meetings then 15 percent of the time the

. >> in other words, the very suspicious disappearance of dena, the first wife, whose body has never ultimately, the judge denied that motion, and we went to trial without that piece. >> you've already heard about the prosecution's evidence. ralph's open letter to the "huerfano "world journal" which, said prosecutor matt durkin, had been exposed as an elaborate lie. >> that letter was in itself a very sensational story, but it was inconsistent with all of the physical evidence in the investigation that had occurred to that point. >> which the prosecution listed in detail for the jury to hear. but there's always more than one side to a story. defense attorney dariel weaver told the jury that when she read carefully through all the prosecution material, here's what jumped right out at her. >> when you take a good hard look at their evidence, when you see that they've interpreted the evidence to fit the conclusion that they drew in the first 12 hours of this case, you see that all it is is assumptions and suppositions and cut corners. >> reporter: but, said the defense, if the jury look

now we will have plenty great question here from dena she asked about hope we get from the pipeline into next step. and i'll add my twist to the question is, when something is out there and interacts with the customer, that is where it becomes an talking a lot about internal. but please share with us what is next. how do these companies treat their customers differently. alex: great question. so here's the thing. about the systems. i can describe the tech giants systems all day long. they have a full day work. but with the system, with artificial intelligence, they can't replace judgment. so i think what you gotta do is put the systems in place to make yourself successful. but you still need to make good decisions. so ultimately if you get the green light or not is going to be up to the people who are at the decision making powers. and the question about the customers, and trent. beri: it was more about is there a particular way in which the company treat their customers in terms of the data that i get. because that's the ultimate feedback. alex: so here's an example for microsoft. your

we've got one great question here from dena, and she cans how do we get from the pipeline to deciding the next steps. and the way i'll add to question is once something is out there, right, and it interacts with the customers, right? that's where it becomes, like, that's -- [inaudible] we talked a lot about internal innovation processings and so forth. i'm pretty sure -- [inaudible] in response to dina's question, what's next, what's some ideas out there, how do these companies maybe treat also their customers differently, how do they decide how to continue? >> yeah, it's a great question. so here's the thing about these systems is that i can describe the tech giant systems all day long. they're helpful, they work. but what a system, what an artificial intelligence algorithm can't replace is judgment with, right? so you still, you can -- i think what you've gotted to do is put the systems in place to make you're yourself successful. but you still need to make good decisions. so, ultimately, whether you give it the green light or not is going to be up to the people who have the decisio

i got one great question hear from dena, she asks about how to get to the pipeline into the next stepadd my twist to this question, what something is out there and interact to the customers, that's for the inspiration comes in we talk a lot about internal innovation please share with us, what is next wants and ideas out there, how the big companies maybe treat also their customers differently, how did they did then decide how to continue? stomach that's a great question. here's a great thing about the systems, i can describe the systems all day long. and how they work but what is system, what article artificial intelligence, algorithm cannot replace his judgment. so, i think we've got to do is put the systems in place to make yourself successful. you still need to make good decisions for its ultimately whether you get the green light or not is going to be up to the people who have the decision-making power. the question about the customers,. >> it's more about how it is all this play into --'s or weight which these companies treat their customers in terms of the data that's all comes

dena has beenin consider it, in every way. dena has been in eastchester hospice for eight days.ppy, very at peace, my family are a little bit devastated, that they can't come. i've got six brothers and sisters, i thought i would never see them ever again, so these guys here have kept me going. doctor taylor is 96. she is a great, great grandmother. —— dot taylor. taylor is 96. she is a great, great grandmother. -- dot taylor. whenever you would go around you would have a bit of whiskey and tea, because it flavours it. at the very end of a patient‘s life, two family members are allowed inside the hospice. so only now can chris and nigel be with their mum, even though she doesn't have the virus. we came out last wednesday, at that point we were told no visitors. what we haven't had is an opportunity to talk to mum because we were always at that stage where she is not able to talk to us in that way but just listen to us. it's cruel in many ways. we will eventually have to say goodbye to mum, and that's a different level of coolness. go and have a point with my brother. i've just be