but inside the jail he is inmate donald oliver. >> i got a lot of fans, you know.. i'm like, man, that's crazy, the internet did this. ♪ 1,100 gun starz up starz down ♪ >> the king city, it's my city here, sacramento, you know? google king city, lavish d going to pop up, you know? >> i should have went to the nba, man. i am the most valuable player. >> oliver is currently charged with assault to which he has pled not guilty. his prior convictions include receiving stole property, possession for sale of marijuana, driving under the influence, possession of an assault weapon, and assault with a firearm. though authorities consider him the leader of the starz gang, oliver insists the starz isn't even a gang. >> you know, i really don't play basketball, but you know, i'm good at everything i do. we're not a gang, we're a rap group, we're a clique. we might be five deep but they say anything over three people is a gang. so the police and detectives and the gang task made this into a gang thing, you know what i mean? then you got people who's not really a star that's rea

oliver: what does donald trump jr. trump senior have --do -- worried about this have to worry about this? >> there are several problems here. you have a question of credibility. denyingps have been that they had any contact with the russians in connection with the campaign. now that looks like a series of lies. as a political matter, you have the president potentially further weakened by this scandal continuing to gain momentum rather than being sidetracked and eventually resolved. i think it will be very difficult for the president to get anything accomplished in washington. boiling it down to the actual potentiall, the liability that is created here is the potential to violate u.s. election law. it provides that foreign nationals are not allowed to make contributions or donations or provide a thing of value -- that is key language to u.s. politicians. to solicitillegal national,eign something of value. donald trump jr. was eager to receive or was soliciting information that was a thing of value, information that woul

oliver: donald trump spent a lot of time carrying the favor of the ethanol industry.has changed since he entered the white house. >> you're looking at the state of noble fuel and alternatives. -- renewable fuel and alternatives. it is a mixed bag right now. the future looks a lot brighter for them 12 years ago when the noble fuel standard was instituted under president george w. bush. under the trump administration, it appears to be a mixed bag. outay -- they are finding how he may administer the program when he proposed value targets. >> renewable fuel standards put into effect 12 years ago by president george w. bush, what did it require? beit required biofuels to mixed into the u.s. fuel supply. we are talking ethanol, biodiesel, etc. it was a program to reduce the payments on foreign sources of oil and also to address climate and environmental issues. oliver: there are a lot of countries where ethanol is a big export and comes from corn but in the u.s., there are certain areas where a lot of that corn farming gets done and where that ethanol gets made. this gets t

oliver: donald trump is a candidate-- as a carried the favor of the ethanol industry. that has changed since he entered the white house. oliver: you are looking at the state of renewable fuels and alternatives to some of the more traditional types of energy. tell us where some of these people in the midwestern and certain areas of the u.s. are thinking about their future right now and what it means. mario: is a mixed bag right now. the future looked a lot brighter for them about 12 years ago when the renewable fuel standard was instituted under president george w. bush. now under the trump administration it appears to be a mixed. we had our first referendum on where he may stand and how he may kind of administer the program earlier this month when targets thatolume refiners have to use next year. carol: the renewable feel standard put into effect 12 years ago by president george w. bush, what did it require? mario: escalating amounts of biofuels to be mixed into the u.s. feel supply. -- fuel supply. ethanol, biodiesel, etc. the objective of the program at the time is t

oliver: welcome to "bloomberg businessweek." in this week's issue, donald trump jr. may find himself in legal limbo, a new strategy for goldman sachs, and the $66 billion question surrounding monsanto. all that is ahead on "bloomberg businessweek." ♪ carol: megan murphy, in the economic section, you look at oil and the discussion of peak oil. maybe here sooner than we thought? megan: we invert the theory of peak oil which is usually focused on supply. what the story talks about his oil demand is peaking sooner than a lot of governments, a lot of executives may have thought. that is down to several factors. electric cars are really gaining in popularity. china's growth has slowed and there is pushback on a mission for cleaning up the environment. that has led to a quicker slowdown in demand for oil, obviously coupled with extraordinarily low prices. that is pressing on the demand side of the equation. oliver: what i thought was interesting is that when you think about potential peak demand for oil, there is a lot of cataclysmic theories you can come up with because so

donald trump junior's emails and meeting with the russian lawyer. "bloomberg businessweek this is." --this is "best of bloomberg "bloomberg businessweek." ♪ olivern catch us on the ius xm, 106.1 fm in boston, 99.1 and washington, d.c.. -3, and in asiax on the radio plus app. questions remain about the legal ramifications of donald trump jr.'s vacations with a russian lawyer. paul barrett looks into the possibilities. paul: the meeting was advertised to trump jr. as one where he would encounter a kremlin connected lawyer who was ready to convey some kind of derogatory information about hillary clinton that was coming from the russian government, and all of this was part of a russian government effort to help donald trump. that is what we know so far. carol: we know that because we see that in these emails? paul: that is correct. released by donald trump jr. because he was under pressure at the new york times threatening to publish a story that would've included all the information. it was a like he actually did this out of a real sense of transparency. oliver: and his reasoning did changed over the news breaking. what did donald trump jr. or dona

donald trump. having won the election, trump has created a regulatory environment that is very good to sinclair broadcast group. oliverelection of donald trump has been good for media because it brought in a lot of views, and has a get for this particular media group because their vision is aligned with trump's? felix: they have been running into regulations in terms of limiting ownership of local media in the united states, which is limited to 39% of the viewership for broadcast tv stations. they are really right at the limit. what happened -- when trump won, his appointment to lead the federal communications committee voted to restore an arcane rule that allows broadcasters like sinclair to discount essentially half of the audience from the uhf station. they restored this rule and weeks later sinclair announced the biggest deal in the company's history, they were acquiring tribune media for close to $4 billion. oliver: this company owns various broadcast stations. we are talking local news, cable, you turn on the tv and here's what happened around you. they want to essentially extend that to basically more cities an

us from crated' the day before yesterday donald trump held a brunch to talk about healthcare, and not a single democrat was invited. nancy pelosi extended the olivee stand ready to work with donald trump. trish: you think there is an olive branch being extended? i haven't gone the that sense from the likes of nancy pelosi or chuck schumer. my question is, what is it that she doesn't get about americans need and want to protect ourselves and money is going to have to be spent on the military? >> absolutely. that's a non-partisan issue. we are all americans and want america to thrive. i can't decipher what her remarks were. i think they were taken out of context out of frustration because democrats aren't being invited to the table. trish, you said it yourself, americans are sick that the party isn't working to get things done. that's what gave rise to donald trump, the outsider. trish: i agree with that. you are right on that, robin. americans have a very, very small threshold. they are guesting sick and tired of washington. this is one of the reasons they trust the guy from outside d.c., but not those in it. tensions running high in the trump adm

[laughter] neil: chris collins, moderate, conservative backing donald trump threw olive branch to democrats -- >> saw, that yeah. neil: that seems to me that they are going to water those down. >> not a good opening of negotiation. you wanting to late in the game if possible, if you need the votes but start somewhere else. it does look like they are going in hope to go get something done. look what has happened in health care and how much a debacle, we don't know if anything is going to happen. with taxes looks like the opening with republicans is let's get something done rather than get something big done. that's a big deal. neil: already dialing it back. we are waiting jared kushner's statement and we are also awaiting the administration to weigh in on some of the overtures that some of the moderate republicans have offered including new york's chris collins who said about those big-ole tax cuts, maybe they don't need to be that big and maybe for the rich they may not be the case at all and that has mcshane furious. that was a deal-breaker for him. we will have more after this introducing

oliver: and the politics section, donald trump is a candidate spent a lot of time -- as a candidate spent of time trying to creamy favor of -- to curry the favor of the ethanol industry. carol: that has changed in the white house. oliver: you're looking at alternatives to traditional energy. tell us where some of these people in midwestern areas of the u.s. are thinking about the future right now and what it means? >> is a mixed bag right now. the future looks brighter for them about 12 years ago when the renewable fuel standard was instituted under president george w. bush. now, under the trump administration, it appears to be a mixed bag. we had our first referendum on where he may stand and how he may kind of administer the program earlier this month when he proposed value targets refiners have to use for next year. carol: renewable fuel standards put into effect of years ago by president george w. bush. what did it require? >> it required escalating amounts of fuels to be mixed into the u.s. fuel supply if you will. we are talking ethanol, biodiesel, etc. the objective of the program

that being said, these emails donald trump, jr., actually released on his on accord says specifically that this is an olive branch, essentially from the russian government who wants to support donald trump. that is said in black and white. that is certainly an issue. >> you never actually believe the democrats to take russians at their word. i will be perfectly honest with you. trish: thank you, howie, ford, capri. senate republicans getting a first look at their health care bill. mitch mcconnell presenting gop with the bill in the senate. hoping for a vote next week. the new bill we have, all the details. there are some distinctions in this. it is going to keep a lot of the original elements including medicaid reductions but, it does keep tax increases on the wealthy. would the cruz amendment allowing insurers to sell skimpier health care plans that actually could be something that could work here? since democrats are uniformly against the bill no matter what it says, o'connell has just a two-vote margin to get it passed and rand paul is already a solid no. listen. >> bill doesn't repeal it. it keeps half

his firing was meant to be on olive branch. you see donald trump saying all these guys are small potatoes. they don't know anything. they say they're going to help us. they haven't done anything. now you have scaramucci, who if you had what scaramucci said to ryan lizza, he views him as a peer. military, rich people and people with whom he has related. so ivanka, jared, those types. >> you mentioned scaramucci and wolf blitzer asked reince priebus about scaramucci's really profane comments about reince priebus in that interview with the new yorker yesterday. here's how reince priebus answered that question. >> are you the leaker in the white house? >> that's ridiculous. wolf, come on. give me a break. i'm not going to get into his accusations? >> why not. >> because i'm not going to because it doesn't honor the president. i'm going to honor the president every day. i'm going to honor his agenda. >> he went on to say that i'm not going to get into the mud, a reference to those dirty comments that came from scaramucci. you have been watching th

. ♪ oliver: welcome to "bloomberg businessweek." in this weeks issue, quite donald trump jr.n legal limbo, a new strategy for goldman sachs, in the $66 billion question surrounding monsanto. all that is ahead on "bloomberg businessweek." ♪ carol: duty with megan murphy. in the economic section, you look at

. ♪ oliver: welcome to "bloomberg businessweek." in this week's issue, donald trump jr.mself in legal limbo, a new strategy for goldman sachs, and the $66 billion question surrounding monsanto. all that is ahead on "bloomberg businessweek." ♪

oliver wasn't on last night. i'm going through withdrawal. ( laughter ) while mike pence was touching space equipment, president trump was touching the world. donaldrump told poland first. some say it's because poland's politics are eerily similar to trump. i think they told him he wasn't doing well with the poles and he was, like, well, you know what? i'll talk to them myself! and he did. >> the fundamental question of our time is whether the west has the will to survive. our own fight for the west does not begin on the battlefield. it begins with our minds, our wills and our souls. just as poland could not be broke, i declare today for the world to hear that the west will never ever be broken! >> trevor: what i'm trying to say is west syed! ( cheers and applause ) yes, on his first talk in europe, donald trump flawlessly delivered steve bannon's ideas urging the west to band together defending itself against the invasion of, you know, of the values of, you know, you know, of the people who don't, you know, really need the sunscreen, you know. you know who i'm talking about. and the crowd in warsaw ate it up. trump was having a great time. and as

david: talk about the strength from the economic numbers as oliver just put it. when donald up but it is based on the expectation of growth on his policies. the stock market is still someng records, but at point, don't those two have to converge again? ultimately, the stock market can only be supported by underlying economic growth. >> you start to see it pick up in the middle of 2016. really, we saw gray television earnings growth numbers in the first quarter and we expect that to continue in the second quarter more in the mid-high digit numbers. we don't see anything in place for a recession or bear market to occur. david: that is earnings growth but gdp growth has been modest. it is sub 2%. that is not robust growth. can earnings growth keep having that kind of growth when you don't have more robust underlying economic growth? >> you can as long as you see things like multi-year highs. you see low unemployment and is that allah remains weak, that will help the larger companies that have non-us sales. these are enhancing the economy and continuing to grow. >> great stuff,

donald trump may not be qualified to be president. we've got a great show for you tonight. john oliver. stick around. ♪ there's nothing like being out in nature. big sky. cool air. a chance to breathe. you gaze at the setting sun and think... oh, i should turn on the lights at home. and back to the deep breathing. enjoy the moment, wherever you are with the hive smart home plans from $9.99 a month. hive. let's get living. ♪ >> stephen: that's right, that's right. jon, listen man, i'm super erck sighted, i want to remind everybody watching out there that next week is our russia show, all week long pieces we shot in russia. here is the thing, i don't know if i told this to you but i was talking to chris about this about when we were talking about when we are going to have our russia week, we have so much material, we shot so much over there, five pieces we shot over there. and we want to have them of all done before they we announce the week. i said if we wait until the 17th of july is anybody going to still be talking about russia. i was actually afraid, really, are people going to care

donald trump may not be qualified to be president. we've got a great show for you tonight. john oliver. stick around. ♪ my name is cynthia haynes and i am a senior public safety specialist for pg&e. my job is to help educate our first responders on how to deal with natural gas and electric emergencies. everyday when we go to work we want everyone to work safely and come home safely. i live right here in auburn, i absolutely love this community. once i moved here i didn't want to live anywhere else. i love that people in this community are willing to come together to make a difference for other people's lives. together, we're building a better california. ♪ >> stephen: that's right, that's right. jon, listen man, i'm super erck sighted, i want to remind everybody watching out there that next week is our russia show, all week long pieces we shot in russia. here is the thing, i don't know if i told this to you but i was talking to chris about this about when we were talking about when we are going to have our russia week, we have so much material, we shot so much over there, five pieces w

olive branch. he was the person cast by folks very nervous about the idea of donald trump being president, republicans very nervous about of idea of donald trump being president, as well, he's got reince in enter and reince brings in sean spicer, katie walsh, a couple of long-time political operatives, the thought was he's going to mix insider and outsider. he's gf to have the steve bannons and his family, jared kushner, ivanka trump. but he's also going to have some of the folks who are known commodities in washington. well six months in, i think donald trump decided that he didn't want to do that any more, he viewed reince priebus as ineffective. most recently because of the inability to get the 50th vote on the senate health care bill. and he jettisonned them. priebus out, sean spicer out, katie walsh, mike dumke out and people like anthony scaramucci in. a new yorker, very much a donald trump friend and family member. and so i think you're going to see more trump being trump. candidly, i'm not sure how different that will be than the first six months. you've seen donald trump tweeting more, being

donald trump will sign off on this new round of sanctions that the e.u. in the e.u. opposes. ok worth the wait and see what happens peter peter oliver there giving us an update on light in berlin thanks peter. ok we can discuss this further now with dr mark shanahan a politics and international relations expert from reading university in the u.k. thanks man for coming on to r.t. now if you theory is the sanctions if implemented. what kind of damage can be done to you appear to your obscenity sector. well my expertise really in this is the american science so i'd approach it from the american side as your previous reports have said there are a number of house representatives in america who really really are pushing hard for the american field and they are looking at the midterms next year and being reelected on the basis of keeping american jobs in the energy sector and they will push very hard for that we're coming off the back of made in america week off the back of six months of president america first campaign and this really does have the danger of creating a breakdown across the energy industry and terms of relationships betwee

donald trump? ten minutes like he was for obama? will it be hours like he has been? you watched oliver stone interviews.him waiting for hours. this is part of his tactic, and the second thing he brings to the table is he tangled with russia's wealthy men. with russia's wealthy, powerful, you know, self-centered, highly branded oligarchs. 15, 20 years ago, and he beat them. and putin has an image of trump that trump is a mega-oligarch. he is president of the united states and brings a lot of fire power to the table, but i think he will be thinking about this, like, sitting across the table from one of the guys he tangled with before, and he will employ those tactics to achieve dominance. >> but no dog. >> if trump's afraid of dogs, there will be bdogs. >> thank you all. see you soon. >>> trump is set to meet with the u.n. about north korea. we'll tell you how the launch could affect relations with russia and china. >>> does kim jong-un have the u.s. in his sights and what will it take to stop him? this is "cnn tonight." i'm don lemon. north korea develops a missile that could potentially hit alaska, and

oliver is on the ground in hamburg local wife to him shortly. these protests are ahead of the u. twenty summit in hamburg where world leaders including u.s. president donald trump and russian president vladimir putin will take part putin and will hold an official bilateral meeting during the summit and u.k. prime minister theresa may is expected to speak to trump about the issue of climate change for for more ilya for trinket breaks down what to expect from the talks. let's look at some of the highlights that we are expecting most on friday and saturday. there's nothing you can do about it first of all this summit will be watched because of the first ever meeting between donald trump and vladimir putin we'll see if they can do something about all the issues that news anchors all around the world have been going on about in the last months or maybe even years that is syria north korea and ukraine and the world the media have been generally focusing on the trump russia collusion story all over again you think that the subject of russian interference in u.s. elections is going to come up well it certainly sure appears unlikely that the president will confron

donald trump? ten minutes like he was for obama? will it be hours like he has been? recall if you watched the oliverviews, he kept oliver stone waiting for hours. this is part of his tactic, and the second thing he brings to the table is he tangled with russia's wealthy men. with russia's wealthy, powerful, you know, self-centered, highly branded oligarchs. 15, 20 years ago, and he beat them. and i think putin has an image of trump that trump is a kind of mega oligarch. now, he is president of the united states. he brings a lot of firepower to the table. but i think he is going to be thinking about this, like sitting across the stable from one of those guys that he tangled with before, and he will employ those tactics to achieve dominance. >> but no dog. >> if trump's afraid of dogs, there will be dogs. >> thank you all. see you soon. that's it for us tonight. thanks for watching. i'll see you right back here tomorrow. announcer: your daughter just had her first breakup. do you... [both sobbing] don't worry, sweetie. this is gonna happen a lot. announcer: or... "nice, single boys." heh heh. that was

remains in donald trump's court it's been passed by the house of representatives it needs the signature of the president to come into law. to wait and see if he signs are not thanks peter oliver there in berlin. the new bill was met with strong words from moscow russia's deputy foreign minister says washington's actions defy common sense that the authors of the sanctions are seeking to destroy any potential for better relations with russia. and here's one of the main business concerns for the north stream to pipeline its aim to bring gas from russia to europe through the baltic sea companies from germany austria france and the netherlands agreed to pay haul of the cost of the pipeline and invest almost five billion euros to the project labor rights lawyer dan kadlec also told us the sanctions could be a way for the u.s. to get a share of the european energy market. they do not believe this is about protecting democracy the us democracy or anyone else's this has a lot to do with the us wanting more of a share of the market in europe for its natural gas i think this has a lot to do with the us trying to gain a geo political and economic upper hand in the east i'm not sure if th

donald trump is threatening on twitter to tackle these things. how credible is that threat? when you have got the likes of chuck schumer saying, here's an oliveranch and we can work on some sid type of bipartisan measure, how credible is that? steven: it is something that the markets should be very worried about if you are an insurer and you rely on these payments to fund your insurance plan. keep in mind the president has not had a major legislative success. we are just two months away from the government funding deadline and the debt limit deadline. the have to put together now in the next couple of months a big deal, bipartisan deal to raise the debt limit and keep the government going. i think the other issues that the president is now holding hostage will get sucked into that final bipartisan negotiations. there has not been a lot of give-and-take here. threats, the democrats are not going to want to come to the table unless he wants to come and offer them an olive branch. kevin: this is where i think people outside of washington are absolutely scratching their heads. they're looking at the to do list, julia, and the fall. the have a pas

olive branch and be willing to accept help here? >> look, if emanuel macron does what he has been trained to do as a banker, treats donald trump like plays up to him, maybe even fawns over him a little bit, makes him feel important, he could fulfill that role. theresa may and the uk is a bit wounded now after her election. doesn't get along with angela merkel. certainly the u.s. and the france have a long, historical relationship despite going out of the paris climate accord, we do need each other. this could be an opportunity for macron. generationally, they're coming from different places so i think that will be tough. if he treats him like a client, as he knows how to do, as a banker, he could be very effective in that role. >> do you agree? could this be a win? very different scenario than when these two men last met. we're not talking about the g7, g20. the president likes, quote, unquote, the royal treatment. there was a series of world leaders. when there's a series of world leaders, president trump doesn't get to be the one and only. right now, he is truly getting the most special presidential treatment and that is what pre

donald trump said that in some circles, the issue of russian interference is being overblown, and they trolled real well, that causes concern on the left and the rights and people are talking about that olivertter, but i do think that progress is being made here, we are never going to like the russians, we do have to cooperate in areas where we can make progress, i would certainly love to hear that about syria, more reports and maybe this will continue to stream and, what they're doing doing in ukraine, not only with the thousands of troops in eastern ukraine, we have an opportunity to do that in poland as well, and the president did not do that. but i think president trump does that's well quite frankly, so i'm not disappointed. >> melissa: he talked about sending a special u.s. envoy to ukraine, they definitely address that issue, and he did talk about how in poland, stronger language, there was one lighthearted moment when secretary of state rex tillerson talked about the first lady coming into the room, let's listen to that. >> several times i had to remind the presidents, people were sticking their heads in the doo door, and i think we've incense in the first lady at one point to see i

donald trump jr. denied working or meeting with russian officials. he said he might have met a russian but so far he's totally denied this. timing is important because every time president trump extend an olive branch to president putin or does something involving russia that is concerning or frustrating not just to the intelligence community but to his own white house, that's when you get these leaks. that's when you get the information. so he's his own worst enemy. >> while denying meetings back in 2008, don jr. giving a speech at a real estate conference said they had russian investors, they get a lot of their deals from russia, so the president has been care informal his word smithing throughout the campaign and now saying i don't have any projects in russia, i haven't invested there. president trump, no one but gesing that you yourself were putting trump family money in russia. it was russian investors investing in you. i have to change topics for a minute. to president trump's offer of a partnership with russia that he took back within 13 hours after he pitched it on social media. here's what i mean. on sunday morning he tweeted this quote specifically. "putin and i discussed forming a

donald trump thinks. he is also praised her as a low interest rate person. as a real estate deal of oliverhink he likes low interest rates. by a lot of republicans have not like her or the fed establishment. they would like a republican stalwart. so he may not get his wish. tom: q&a tomorrow -- fireworks? michael: probably not, but it is interesting they brought up quarles today. tom: michael mckee, thank you. we will continue with mr. ward in a bit. a conversation with a former white house information security officer. look for that at 1:30 new york time. this is bloomberg. stay with us. futures negative two. ♪ >> to put in place the policy -- guy: you are watching "bloomberg surveillance." is beingr review unveiled. prime minister theresa may will address an audience shortly. she will talk about how the changing nature of work in the u.k. needs to be looked at by governments. this is essentially a platform for the prime minister to talk about austerity, public sector wages, talk about a fairer british economy. in some ways, this comes back to what is happening about the big tech that for

oliver, i'm curious -- i will start out with a question to you -- i think it is safe to say that you and donald trump do not share the same economic or political philosophy, and yet it seems like you are able to draw a distinction between a man whose policies and politics that you have no respect for, but yet draw this distinction between -- whole anti-russia crusade this whole anti-russia crusade that the national security state seems to waging against trop. -- trump. can you comment on that? mr. stone: you have to realize that every been -- everything i think -- microphone? >> you can take it out of there. mr. stone: you have to realize, and please, i have a disclaimer to make. everything i think, feel, and do, is as a pragmatist. this is my first role -- dramatist. this is my first role. i look for the story and the narrative, and the first thing that attracted me to jfk was the possibility of a great narrative here, and i tried to put that into the film. the hunt to the clues of who had killed him and why? the story. i think story. whonot a political analyst sits and does his work, read the