spoken up at the time right and there's a leg we didn't even know how to make it was just us and dow chemical and we just didn't have a clue about how to make it they told us yeah i mean look the us military sprayed over twenty million gallons of herbicides like agent orange in to be a cambodia laos from sixty one to seven to ten years of this stuff age in order contains the chemical dioxin put in on the hat here now and explain how this works which accumulates in the fatty tissues this part of mammals me and was found by the world health organization to be get this highly toxic and can cause reproductive and developmental bama developmental problems damage the immune system interferes with hormones and also cause cancer wow more than thirteen million gallons of agent orange were used were used which amounted to almost two thirds of the total amount of herbicides used during the entire vietnam war all of the poison dumped on a country of people right and like just in vietnam just in vietnam is thirteen million gallons and you're talking about cambodia and laos and their people nor north korea

this is bloomberg. ♪ scarlet: the ceo of dow chemical waiting in on trade.e with him today. >> so far it has not had a big impact on us. obviously our key raw materials are feedstocks. we are typically located where the feedstock sources are. we are not shipping feedstocks around the world to get to our facilities could we export materials, and i think a lot of the market is concerned about on that.t we built the saudi arabia joint venture to serve europe, the middle east and asia appeared we built coast assets to service latin america and america. we are sourcing our growth in asia from the middle east. we export out of canada. we export out of other locations like thailand. i don't see a big impact. we have to watch our customers. there is going to be, as we go through this, there will be inflationary impact that happens through the value chain. our packaging customers, if they use aluminum and plastic, they see aluminum go up. they see plastic prices go up because oil is going up and gas is going up. we are in probably and inflationary time anyway -- an i

dow dupont. last year, the two largest chemical companies merged. ear, it will break itself up into three separate businesses, agricultural company and material science company and products play. what does wall street care about? raw costs. dow reported and even though they posted a nice top in bottom line, i like this, with real strength across all businesses, the stock sold off anyway down 2.2% why? they talked about raw costs. i think that may be a mistake. what matters is breakup. as we get closer, i want to introduce you to the individual components trading at dow dupont tonight, we're talking about the sciences division that will be taking the sciences company after the split. they have energy and especially packaging. its sales up an astounding 18% in the latest quarter. there is a lot to like here. my travel trust owns the stock let's talk to the chief operating officer for dow dupont sciences division who will become the ceo of dow chemical i have to tell you, it was hard call, still dealing with three different companies under one roof and

the drinking the notice says even though water...found in the 123-tcp being chemical for oil and dow chemicalor 123-tcp being found in the water...the notice says the drinking water is safe, many residents expressed many residents water is safe, many residents expressed concerns because 123-tcp has been linked to tcp has been because 123-concerns expressed many residents water is safe, the drinking the notice says the drinking water is safe, many residents expressed because 123-tcp has been linked to increased risk of cancer.. (grant) social media privacy concerns are being raised once again.. this time it is revealed that google may be tracking people with out their knowledge. (vicki) in a new investigation the associated press found that google is still keeping tabs on users, even though they may have chosen not to share their location.(vicki) kron 4's charles clifford is in san francisco with details and has reaction from google users. google users. reaction from and has with details san francisco clifford is in charles kron 4's (vicki) location.share their chosen not to they may have even

--try to get this straight congratulations, you've been named ceo of dow chemical.is one of three companies that will be spun off. jim: the new material science company will be called dow. david: let's talk about that component of dow dupont. how you see the second quarter looking forward. jim: we just delivered the second quarter year-over-year of 26%.ngs growth, up we had broad base growth, organic growth from a lot of investments we've made. we overcame about $400 million of costs. our biggest costs are obviously hydrocarbon feedstocks that we used to make our products. we had hired turnaround activity and had a strong quarter. the key thing is that volume was organicmarkets and our growth and investments, price was up five. and we had a currency tailwind of three. david: is that because the overall market is growing, or are you taking market share from others? see all the geographies around the world growing, and at this kind of gop rate, -- gdp rate, we grow at one to two times. quarter.w 9% in one we are going above because we are making these investments. we

you had dow chemical. had the horrific deaths of 70 people in vietnam. -- horrific deaths of so many people in vietnam. tied to three together -- tied the three together. >> the protest at the university of wisconsin was the first student protest that turned into a violent confrontation on campus. it was against dow chemical company recruiting on the campus at a time when most students were opposed to the war. there was a connection that you can only make in retrospect which is as much as the students were protesting the war for a combination of idealism that he does want to fight in the war. toy were also opposing chemicals which had a profound negative effect on the soldiers and all the people in vietnam. destroyed debts was agent orange had the most long-term, debilitating affect on the people in vietnam and the soldiers. many of them i have dealt with .ver the years they are dying of bladder cancer in the -- in their 60's. host: did you see that? >> agent orange? i did see that. let's take a look at th

. >> thompson: peter wright spent nearly 20 years at dow chemical, which recently merged with dupont, a company that was responsible for polluting these sites. what do you know about him? >> anyone who has had a career m dow and dupont will have to reexcuse himself flot of these programs since they are responsible to a number of the sites he's not going to be able to involved in a lot of those decisions. >> thompson: looking forward, about 50 million people live within the area of a superfund site. can yotalk about the potential of human exposure and something we are paying enough tension to? >> accord to the epa's own data, epa says that human exposure is not under chrome and there are another 185 sites where they say they don't have enough information to determine if there are risks at these sites. so those are 300 sites wh there is a potential or current risk of human exposure to contaminants. be. >> thompson: all right, katherine probst thank you so much for joining me. i >> thpbs newshour weekend, sunday. >> thompson: a record heatwave continues across spain and portugal today as

now the city of manteca is suing shell oil and dow chemical for causing the contamination.ntaminants being found in the water. ( darya ) coming up on the kron four morning news... the niners could be getting a key piece of their defense back on the field... as both the niners and raiders get ready for their next preseason games. (ácommercialá) (áábreakáá) (james)(darya) welcome back. lets get a check of weather and traffic... much like yesterday, temperatures will be hanging out close to seasonal averages in the 60's along the coast, 70's for the bay and 80's inland. conditions will be breezy and foggy for the morning much like yesterday with san francisco holding onto fog through much of the day. skies will remain mostly sunny into the afternoon with moderate air quality across the bay. ( mabrisa ) no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. ( james ) social media privacy concerns are being raised once again.. after it was revealed that google may be tracking no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. ( j

you had madison, wisconsin, you had dow chemical and the napalm bombings and you had vietnam. e the three together. >> it wasn't just napalm, it was also agent orange that dow made. the protest at the university of wisconsin in october of 1967 was the first student protest that turned into a violent confrontation on a campus. and it was against dow chemical company recruiting on the campus at a time when some students were vehemently opposed to the war. there is an interesting connection that you can only make in retrospect, which is that as much as these students were protesting the war for a combination of idealism and self-interest, that they didn't want to fight in the war, they were also opposing two chemicals which had a profound negative effect on the soldiers and all the people of vietnam. napalm was destroying villages and it was also working as a weapon in that war, but agent orange is the one that had the most long-term debilitating effect on the people of vietnam and on the soldiers, many of whom i've dealt with over the years who fought in 1967 and are dying of bla

pieces are worth all this week i brought on the ceo of the spunoff materials science division of dow chemical i thought he told a pretty good story. i heard a lot of people yawned, i was hurt today, why ed green, the dowdupont ceo bought $2 million in the open market, an incredible commitment but makes sense. i talked about how green made a fortune when he broke up tyco. he said over and over again it didn't take off until the form 10, the technical form came out. guess what dowdupont's form 10s come out next month you may not believe the stock will takeoff when that happens but breen, not green, does and then finally michael kors, stock's still running. why? the whole apparel company is red hot, why accessories. kors doubled down on accessories two years ago when they paid $1.2 million for jimmie chu. everybody thought they overpaid. not now. tapestry could produce some very good numbers there is the subscription economy. that's an idea put in my head by the ceo of cramer -- look at this i didn't even dog ear it i actually clipped it. today's spotify inscription story up 5% thanks to the par

he is close with dow chemical. the one who put together the ceo counsel criminals for him.oday, the courts have a lot of power here. we've seen a federal court order the epa to ban a common pest ti pesticide that's used in fruits and vegetables, a pesticide that's linked to childhood development issues. who wanted this? >> it's sort of this mindless approach to we're going to roll back every regulation. i agree, we ought to look at regulations from time to time. they ought to be revisited because things move on. we find different way of doing things. we find out if things are worse or not as bad as we thought. that's fine. this seems to be anything that obama did, we'll undo. without thinking about does this make sense for the american people. epa is all about protecting human health and the environment. that's it. >> do you still consider yourself a republican? >> i'm an eisenhower republican. and i believe firmly that the only way to change things is from within. and we still need two parties. a third party has never worked terribly well in this country. but it's getting

julie: we will also speak to the dow chemical ceo in the morning. excited?ealous. julie: that is it for "what'd you miss?" scarlet: "bloomberg technology" is next. joe: have a great evening. this is bloomberg. ♪ ♪ retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. streaming must see tv has never been easier. paying for things is a breeze. and getting into new places is even simpler. with xfinity mobile, saving money is effortless too. it's the only network that combines america's largest, most reliable 4g lte with the most wi-fi hotspots. and it can be included with your internet. which could save you hundreds of dollars a year. plus, get $150 dollars when you bring in your own phone

dow chemical makes the pesticide.tical pest management tool used by growers around the world. the company says 79 countries approved its use after careful evaluation. the epa says it is reviewing the decision. >> our partners at c-net report facebook is banning websites that host and share blueprints of 3-d printed guns. those guns are hard to trace and detect. facebook says sharing instructions on how to print firearms is not allows under its community standards. last week, a seattle judge granted a temporary restraining order to block the online publication of 3-d printed gun designs after a company won a settlement to distribute those plans. >> golf week says hackers high jacked the pga's computer servers and are demanding a bit coin ransom. they locked crucial files needed for this week's pga championship and the upcoming ryder cup in france. they sent a message threatening the loss of all materials. the message also included a bit coin wallet number. the pga told cbs news an internal team and third party experts

the dow is down just slightly eight points. the chemicaliant dragging any real gains from happening. it is the worst performer on the dow at this hour. agriculture division gets hit with higher raw material costs and currency fluctuations. dow dupont down a $1.62. -- non-hotel businesses sell short peer trip advisor at the bottom of the s&p 500 down nearly 13 percent. up next, deep in the heart of texas, where we are live. specifically in the permian basin where the modern day -- do not know what to do with all of the black goals. stay tuned, we are coming right back. apple is still up $207.66. near real time inventory updates. & he'll find the same shoes in your store that he found online he'll be one happy, very forgetful wide footed customer. at&t provides edge to edge intelligence. it can do so much for your business, the list goes on and on. that's the power of &. & if your customer also forgets socks! & you could send him a coupon for that item. metastatic breast cancer is relentless, but i'm relentless too. mbc doesn't take a day off

. >>> stronger dandelps dow dupont beat expectations and that's where we begin tonight's market focus. the chemicalsce higher pand the rise in sales for feeds and insecticides helped drive its earnings. not everything in the report was good news, though. dow and dupont said higher costs and industry headwinds as a result of trade tensions would cause shares to slow any they were down 2% to $66.44. etna's decision t exit the affordable health care health insurance exchanges led to a drop in overall cost. the sales helpatike said i exence. es in check. shares of etna were up a fraction to $187.05. gross margins came under pressure over at clorox as that company faced higher commodity costs. clort did say does not expect margins to deteriorate further. it isorecasting flat or modestly higher margins for fiscal 2019. that guidance came after the company topped profit expectations, but missed on sales. the shares climbed 6% to $142.44. >>> kellogg also said its marginsot hit, but for a different reason. the maker of frosted flakes said that lower prices and increased spending on marketing and transportat

major exporters, including chemical and industrial companies finished higher as well. now, ultimately, we're talking about a big rally. the dowints, the s&p 500 climbed 22. the belle of the ball, nasdaq, gained nearly 72 points, topping the 8,000 mark for the first time. >>> the kushner family real estate company says it will appeal fines of $210,000 imposed by new york city for filing false documents about its apartment buildings. the kushner company apparently claimed it had no rent-controlled tenants when it had hundreds. this is when the president's son-in-law, jared kushner, ran the company. kushner said the company relied on third-party consultants to prepare the documents and that errors, quote, have been corrected, or will be. >>> meantime, uber and toyota plan to build self-driving cars for the ride-sharing service. toyota plans to invest $500 million in uber. uber had been testing driverles test vehicle ran over and killed a pedestrian in arizona, the experiment was ended. uber is counting on self-driving cars to help it turn the financial corner by reducing the need to pay human drivers. > and there's a new goog to

dow, 0.3%. the s&p is down 0.2%, nasdaq pretty much flat chemical giant monsanto ordered to pay $22 billion in itsiller ruling in the round up spray we'll explain that story >>> and investment banker cohen says there's a big issue looming. is made of. but right now, our bond is fraying. how do we get back to "us"? the y fills the gaps. and bridges our divides. donate to your local y today. because where there's a y, there's an us. at fidelity, our online u.s. equity trades are just $4.95. so no matter what you trade, or where you trade, you'll only pay $4.95. fidelity. open an account today. ♪ it is such a good time to dance ♪ ♪ it is such a good time to [ laughing ] ♪ scoobidoo doobidoo ♪ scoobidoo doobidoo [ goose honking ] ♪ [ laughing ] a bad day on the road still beats a good one off it. ♪ progressive helps keep you out there. >>> declines for stocks, most industry groups are lower in the s&p. materials, energy, financials getting hit the hardest. two bright spots in the session, though, as you can see and that would be utilities and health care >> time now for a cnbc news update >>> here's w

iranco, the fourth largest petrol chemical company in the world that's their focus but after yesterday's flurry of reporting they are still committed to it. >> former doweo is involved in there -- not there right now >> he is very involved with the kingdom. >>> to our road map this morning aside from talking about oil, that tit for tat trade war the bull market rolls on, the u.s. and china hitting one another with a new round of tariffs that had been scheduled to go into effect and they did but meanwhile they are still talking in washington. >>> plus, president trump's market warning saying if he is impeached, stocks would fall and, quote, everybody would be very poor. that includes you, cramer. >>> alibaba shares climb premarket. the chinese tech giant reporting surging sales. also had big gains in mobile we'll focus on the quarter markets are trying to shrug off concerns about trade as new tariffs kick in, the u.s. officially imposing another $16 billion tariffs on chinese goods. they retaliate with 25% tariff on american goods of the same amount, this all despite ongoing low-level trade talks between officials in both countries that began yesterday