elliott thrived in texas. his friendliness and love of fun more than compensated for the fact that he was a wealthy easterner and city dweller at that. he had a remarkable ability to turn nearly everyone he met and befriended including people with whom he would seem to have little in common. elliott felt guilty about being treated so well and for being ill, i'm sorry he felt guilty about being treated so well for being ill and in his letters attempted to convince his father that he was a healthy and brave lad. father it strikes me by being down here is very pleasant but nevertheless i feel well enough to study and here i am spending all of your money as if i were to. i don't believe i will ever be more while they im. it's too late to think of this but the doctor doesn't think i'm sick and altogether i feel like a general fraud who ought to be studying. i'm having a lovely time there is no doubt about that, and i am ever so much obliged to you for gettingiving it to your loving , elliott. and so it was elliott

but elliott is not a first ring goalie, either. so elliott's going to have to play a lot.ee what happens. >> hasn't this been a problem, an achilles he will for the team? i don't understand why they can't get one. i don't understand why they can't develop one. thigh like a couple goal tenders in the minor leagues, but they're not ready to play yet. they obviously don't like the next guy up and that's why they got elliott. you think a guy like that who was a tremendous goalie --. >> yeah, maybe he ought to get back in there. >> couldn't do any worse. >>> a few days ago, a tennis player caused quite a stir when he said if serena williams played on the men's apter to, she would be ranked 700. >> he got labeled a misogynist for that. i think he went a little too far when he said 700. but he didn't apologize anyway. he's right. >> no, 700. but the general principal is right. that's why they have women's basketball and men's basketball. women's 10 and men's tennis. that's why they have women's golf and men's golf. there's a difference in strength between the species. i didn't ma

>> we know elliott will.hey're our largest creditor at this point, it's just a conceptual they're fine people. but all i know is what is in front of us is buffet. so the berkshire hathaway deal would be great for this company. i just don't know enough about elliott. >> this could be a needle mover. i know berkshire hathaway is only 10% of this business. but oncore, what are your growth prospects? you've got superior growth profile. >> we do we're going to invest $1.5 billion in cap x at a minute the beauty is, we're not doing that to drive customer yield up, but down so we have a good growth profile that drives costs down >> you mentioned the administration, that deregulation could help you. what does that mean? i tell people that maybe that's the most important thing that's happening under president trump, is he favors deregulation. that's a different environment entirely from the previous president. >> it is the deregulation we put in place years ago in texas we have deregulated theal if --. >> that's good

and he was casting the role of amanda elliott, which was abby elliott.l.a. and was so excited to, you know, get my footing in acting. i auditioned for "the producers" and they were like, you're a shoe-in. you guys got great chemistry. like, you and your dad really have something there. [ light laughter ] i went to the studio and they agreed. they're like, we see it, we see it! go to the network and i'm like, feeling so -- like just flying high. we have like a great, you know, back and forth. my dad auditioned with me and i really felt like this is it, dad, i feel like this is where we belong. this is must-see tv. and the networks did not see it in me. [ laughter ] >> seth: they didn't think were you believable as your father's daughter? >> no, no. [ laughter ] >> seth: wow. >> yeah, so -- >> seth: and who told -- who broke it to you? >> so my dad had to call me. >> seth: oh my god. [ light laughter ] it was right after the audition and he was so, like sweet about it and he was like, honey, you know, we got so far in this process. [ light laughter ] we we

we will wait to hear from detectives are in the katie elliott, and as $0011 are in the katie elliott,as 50011 as are in the katie elliott, and as soon as she are in the katie elliott, and as soon as she comes are in the katie elliott, and as soon 3s she comes to are in the katie elliott, and as soon as she comes to the microphones to speak, we will take you to that. two people have been killed, and more than 100 others injured, after a powerful earthquake struck near the greek island of kos. the 6.7 magnitude quake hit in the early hours of the morning under the aegean sea, between greece and turkey. holiday—makers on kos woke this morning to find parts of the island turned to rubble, and there was also flooding in the turkish resort of bodrum. richard galpin reports. panicked shouts. it's just after 1:30am in the morning, local time. and holiday—makers who have been enjoying a night out are now running for their lives. security cameras captured the moment the powerful earthquake shook the turkish city of bodrum. anyone inside at the time getting out as quickly as possible, fearing ot

elliott management getting support.een talking to a couple of the bigger shareholders, among them yesterday really investment company which holds more than $350 million worth of bhb stock. this describes this whole conversation that elliott started about the performance. --has brought in the focus it has broadened the focus. this destruction of $40 billion in value that they talk about. they also agree with elliott that this jewel structure that hba has is out. they feel the same about the shale assets as well and believes the sooner the hb can get out of that, that is something wilson agrees with as well. healthy and constructive. wilson met with elliott as well. they can't argue with the argument. betty: they could be australia is poised for a fresh wave of mining investment. what is the story there? >> it does not really seem that long ago that the mining now yount boom ended, have the heavier equipment supplier that there could be an uptick again. a numberalian ceo says of mining companies are looking at buying new

so for the first 10 years or so of elliott, the primary strategy was convertible bond hedging. the bond, short the stock, it had a strong positive carry and trading profits. i practiced it on will leverage and it did the job. the job meaning consistent return and making more money over time. david: when did you realize you are better than the average guy getting these or doing these kinds of things? paul: i never thought of it that way. i was completely determined to just make a rate of return. um, really recapture my parent'' money i have lost previously. to keep finding ways to, pursue that goal of absolute return at a time when convertibles were becoming more quantified, more leveraged, and more competitive. david: the core of what you do, you call it a macro fund, or a value fund. what would you describe your investment technique? paul: some people call it multi-strategy, others call it absolute return. mix isa of our portfolio to try to make money as close as possible to all the time. what we have done over the years in pursuit of that goal has been convertible hedging, it

this is one where you had elliott management get involved, push for changes to the company.olding was first revealed at the as of the end of last year. one where they got involved. among other changes they put for the changing of the guard there. stepping down but that hasn't yielded as much of a result. >> i spoke with the ceo of gas.an i asked if he thinks there has been an emotional shift in how they are perceived following the french election. gas. it's perhaps more a change in the sentiment of people towards europe than on the perception of the business about the eurozone i think there were several reasons for that elections that took place in the netherlands, the way texas has been unforced. the way germany is going into elections. also the way italy is not going to early elections. i think europeans understand the value of europe much more. cycle of the economy speaking up quite well i will say there is a second life of the european idea that needs to be analyzed and understood well but it is going well at this moment. it is getting much better than you would think a

we're going back to reporter justin elliott at propub la ka. quote, mark kasowitz, president

how do you talk to elliott management?st creditor in the group, we know them well. we know them quite well. are they brought into the negotiations you are having with warren buffett? this is the third attempt to acquire us out of bankruptcy. involved, ining 2007, the company was bought in a large lbo. and theght us unregulated generation. they bought the entire company. but the unregulated part, the generation is essentially a large been on natural gas. we know what happened, too much leverage, $10 to two dollars. the generation side went to bankruptcy. the state of texas ring fenced us from that. they say, we are not going to subject oncor to that type of financial risk. wiseturned out to be quite because they have gone through bankruptcy and we are still in investment grade company. the ring fencing protected oncor and we want to leave that in place. the first to the view of bidders wanted to control the company more overtly. berkshire hathaway came along and said we think it has been great for the company, we can work w

. >> as the flyers say hello to elliott they say good bye to steve mason. he signs a two year deal with the winnipeg jets. mason spent past five seasons with the orange and black. it became apparent that the flyers were moving on. >>> flyers have also signed resigned, mike vechione i to the two year contract, 24 year-old was restricted free agent, vechione i is not guarantied a roster spot. he was signed by flyers back in march after a stand out college career, at union. >>> to the diamond, phillies lost their 20th, one run game of the season last night, two- one defeat this afternoon they will meet again. jeremy hellickson on the mound he has not won a game in about six weeks. second inning no score jose reyes, hits one down the right field line, lucas dude a scores, they strike first.

elliott looked like he slammed into him. you see denny was trying to drive back, but then the fire from underneath the hood made him think twice. he dropped the window and jumped out of that car. >> under this caution period, 48 pitted from the eighth position. his teammate, kasey kahne also hit pit road. >> we will go overtime, and we want to take a look at the overtime line on the back stretch. once they get the green flag, if the leader get to the overtime line, before the caution comes out, the race will be official if a caution comes out after the leader has passed that overtime line. if they don't get to the overtime line and a caution comes out, nascar will try to restart the race and they will do that as many times as they have to to get a green flag finish. >> jeff, you brought it up in the xfinity race today that ended under overtime. after the leaders came, the caution came out, and everyone has to think of that as a start/finish line. we have seen how aggressive they are, and there's a good chance they can end a

elliott looked like he slammed into him. you see denny was trying to drive back, but then the fire from underneath the hood made him think twice. he dropped the window and jumped out of that car. >> under this caution period, 48 pitted from the eighth position. his teammate, kasey kahne also hit pit road. >> we will go overtime, and we want to take a look at the overtime line stretch. once they get the green flag, if the leader get to the overtime line, before the caution comes out, the race will be official if a caution comes out after the leader has passed that overtime line. if they don't get to the overtime line and a caution comes out, nascar will try to restart the race and they will do that as many times as they have to to get a green flag finish. >> jeff, you brought it up in the xfinity race today that ended under overtime. after the leaders came, the caution came out, and everyone has to think of that as a start/finish line. we have seen how aggressive they are, and there's a good chance they can end a point near t

steps down citing health reasons as the dutch chemicals company continues to battle activist investor elliott management's attempts to oust its chairman. >>> we've had so many numbers out of scandinavia the last couple of days and speaking to so many ceos out of that region. ericsson yesterday tough numbers there. great numbers today from scedbank we spoke to tele2 who are weathering regulatory problems left, right and center and electrolux and volvo are moving in different directions on the market today, but electrolux upgraded its north american outlook after a stronger than expected rise in second quarter earnings. the swedish appliance maker upped air north american growth star get to 3% to 4% citing strengthening demand and a favorable macro environment. it's not the only firm today citing a pick up in north american demand. volvo, this is trucks. some of you get confused, i get confused as well this is volvo, listed company in sweden eyjafjovo volvo cars is china. these two companies are moving in different directions. 4.2% higher for electrolux and volvo shares trading 3.7% lower. the

elliott spent last season with the calgary flames. not a savior he had run of the mill, 910 save percentage in 49 games played last season. he will split time at goal which michal neuvirth, he said he is pumped, and he is joining the flyers. >> our family is really excited about the move. what is to come in philadelphia. you know, with a gm like ron hextall calls and someone you have looked up to when you started being a goalie, and, you know, it is awesome to get that support and know that hey , if this guy wants me, i think we should head here. >> as the flyers say hello to elliott they say good bye to steve mason. he signs a two year deal with the winnipeg jets. mason spent past five seasons with the orange and black. it became apparent that the flyers were moving on. >>> flyers have also signed resigned, mike vechione i to the two year contract, 24 year-old was restricted free agent, vechione i is not guarantied a roster spot. he was signed by flyers back in march after a stand out college career, at union. >>> to the diamond, phi

. >> elliott abrams, what did you make of that?id sound like trump, and i think steve bannon might have written this speech, this was the west as religion, race, tribe, culture, not the west as democracy, liberty and the rule of law. and as somebody who, in the reagan administration, as i recall, had the portfolio of spreading democracy around the world, what do you make of it? >> i thought it was a very good speech, and i'm afraid i have to disagree with anne. he must have used the word "freedom" about 15 times. he talked a lot about the polish history, a history of resisting russian aggression and russian control. he did talk about culture. we all took courses in western civilization. it shouldn't be a great shock. he talked about culture but so did pope john paul talk about culture and western culture. this was not a u.n. general assembly speech that had universal values. it was a speech in poland which wants to be part of the west. so i think his criticisms are really extreme and wrong. >> anne marie, let's go to the russia par

that's what one of lawyer for a texas power utility has told elliott management about his attempts toand warren buffett. berkshire hathaway offered $9 ncor.on cash for o elliott is pushing for more time to put a deal in place. the two sides will be back in court to this month. indian inflation fell in june to its lowest ever, adding pressure on the reserve bank of india to cut interest banks when it meets next month. let's look at at the prospects of that with mizuho bank. markets are underestimating a case for a halt. they can cut interest rates. they can do that because the inflation environment is so benign, but how much difference does monetary policy make in india given where it is compared to more developed countries? also, does it help corporate india and not consumer india? >> i think that is a good point you make. monetary policy at the margin will help given that corporate debt levels are high, and also will help where the r.b.i. policy is trying to extend the reach of the banking sector to consumer india as well. so on those two fronts it ought to help, but the banking sect

years or so of elliott's existence, the primary strategy was convertible bond hedger. buy the bond, short the stock. a strong positive carry, some trading profits. low leverage. on it did the job. the job meaning a consistent return, making money more or less all time. david: when did you realize that you were really better than the average guy getting these -- doing these kind of things? >> i never thought of it that way. i was completely determined to rate of return, really recapture my parents' had lost previously previously, and find -- keep finding ways to -- to pursue of absolute return at a time when convertibles were quantified, more leveraged, and more competitive. david: the core of what you do, you call it a macrofund, a value fund. describe your investment technique? doe people call what we multistrategy. others call it absolute return. is idea of our portfolio mix to try to make money as close as possible to all the time. over the years to -- in pursuit of that goal, convertible hedging addme uninteresting was other ways of generating absolute return to th

elliott replaces steve mason who went to winnipeg.e coach spoke about what elliott brings to the gold and black. >> he's a real good tomorrow player. his work ethic is at a high level, his compete is at a high level. there are a lot of things when you look at goal heies that you look for and brian checked a lot of the box off. >>> stay with us. we will be right back. the fireworks start at 9:30. come out on the parkway for all the fun. >>> and remember, don't miss your chance to win big during wawa welcome america if he festivities. here are the prices. a three-night getaway to cancun, wawa coffee for a year, a set to watch a taping of "made in america." there are several ways to enter to win a prize. head for our website at nbc10.com or download our free nbc 10 app. we'll announce the winner during the concert tuesday night. >>> and that countdown is on for the big concert and fireworks show for wawa welcome america. this is where it's all happening along the ben franklin parkway. it's been such a gorgeous day. we're looking forward

i just don't know enough about elliott yet. >> we know a good deal about elliott to a certain extent.may have a significant enough position to have a voice if not a significant one in the approval of the plan that would be needed to take this thing and sell it to berkshire. >> yes, and the bankruptcy court judge, i think, will listen to them $9.3 billion for them. obviously mr. stafford is saying it's not about us. the junior debt that elliott has bought could be worth a substantial amount is it, apparently, worth all that much? do you think this is just a gambit to be able to make it so that debt is paid off more or do they want it >> very opportunistic fellows at elliott. what i do wonder is mr. buffett is not one to be toyed with. typically, this is my number take it or leave it. bankruptcy court judge, i believe, does have the obligation to get as much as possible to return to creditors. >> that's my point $9.3 does trump 9. >> another 300,000 bucks. >> i thought elliott was accommodating saying we want to hear what elliott has to say you know paul singer. >> i do. >> rigorous. >>

elliott replaces steve mason, who headed to winnipeg. about what l elliott brings to the team. >> he's a real good team guy, which is important. his work ethic is at a high level. his compete is at a high level. teammates want to play for him. there's a lot of things when you look at goals you look for them. and brian checked a lot of the boxes off. >> he does not expect to sign any more free agents other than elliott and the team was sticking to its long-term plan. >> we don't want to box the young players out. three years ago we set a course, and we're staying with that course. part of that course is draft and develop. part of drafting and developing is yes, making your players earn it, but also not boxing them out with older veterans. so we feel like there's opportunity in our club for young guys to step up. quite frankly, we expect them to. we have multiple players that can step up. >>> we've been learning about markelle fultz's game during mini camp. tomorrow, he plays in a sixers uniform for the first time in the summer league. >>

elliott hero campaign way. elliott was killed by a drunk driver. his family established the hero campaign for designated drivers in his memory. >>> cue up the jaws music. yes, they have sighted another shark at the jersey shore. still ahead, we'll tell you where it's being watched. >>> and also a fun festival on the water in ocean city. >>> looks like a nice start out there in philadelphia. no rain falling. i wish i could say the rest of the day was going to be nice, but we have a first alert for two reasons abo. we have dangerous heat that will be followed by dangerous storms. the storms moving through this morning, these heavier showers not dropping down much lightning anymore, but just now to the east through atlantic city and starting in ocean city still a few of those storms rolling by. these are starting to slow down a bit, but they are still moving offshore. so this won't continue to be an issue for the rest of the morning hours. in fact morning hours, aside from just a few spot little showers, i think a lot of our area will see a mix of clo

vonnie: that was david rubenstein with elliott management's paul singer.atch that episode tonight at 9:00 p.m. eastern -- still ahead, tom perez tells us how democrats can win back the hearts and minds of the forgotten american. a quick reminder you can catch all of our interviews on the bloomberg with the function tv . charts andnd lots of interviews and everything you could possibly want. stay tuned. more markets ahead. it is bloomberg markets: the trump economy. ♪ david: 1:00 in washington, and 1:00 a.m. in hong kong. from new york, i am david gura. welcome to bloomberg markets: the trump economy. the senate heading for another health care vote. we will take you to capitol hill for the latest on what some are calling a vote-a-rama. is the attorney general's departure eminent? we will hear from tom perez, the head of the democratic national committee. he tells us how democrats can win back the hearts and minds of what democrats called the forgotten american's. ♪ -- americans. ♪ new sanctions imposed against individuals in venezuela. the venezuela bur

family and friends of john elliott gathered off route 40 at the spot where he was doiled unveil this memorial and road sign. steve sweeney and pushed for the street renaming was there. in the years since his death elliott's family started a organization promoting the use of designated drivers. >>> troopers from the pennsylvania state police dropped in on campers at the rocky run ymca. they spoke to children what it's like to be in law enforcement. helicopters that the troopers get to use to get around. >> ducis rodgers here. three days and counting until eagles training camp. >> we'll focus on a guy who hopes to make a big impact. wendell smallwood was limbed to 77 carries. as jeff skversky saw firsthand smallwood is healthy and ready to break out. >> move it move it. >> reporter: eagles running back wendell smallwood is trying to make a big three his second -- big leap in his second season. 100 percent healthy from the knee injury he suffered last year he's spent this off season working heavily on pass blocking and conditioning. >> when they draft donell and when they signed garrett

iig agree with elliott.f we could get a freeze on nuclear production that we can verify or that the chinese and russians and other third parties could verify, i would consider s freeze for freeze but the one thing offer now is not favorable to america. >> bret: elliott, on this other topic not getting a lot of coverage, the battle between qatar and the other gulf states. about what's going to happen and for qatar possibly supporting extremism and terrorism. >> the qataris need to come halfway. they need to stop doing what they are doing. if this results in the end of the gulf cooperation council, it is a gift to iran and we should be working hard to avoid dates. it would help if we had a state department full of diplomats and one of the problems is secretary tillerson is a kind of a one-man band. makes it hard to do all this diplomacy. >> bret: fortuitous fourth of july to have you in.es happy independence day. up next, the tragic story of aen terribly ill british child and now president trump and the pope a

i agree with elliott. if we could get a freeze on nuclear production that we can verify or that the chinese and russians and other third parties could verify, i would consider a freeze for freeze but the one thing offered now is not favorable to america. >> bret: elliott, on this other topic not getting a lot of coverage, the battle between qatar and the other gulf states. about what's going to happen ane for qatar, possibly supporting extremism and terrorism. >> the qataris need to come at least halfway. they need to stop doing what they are doing. if this results in the end of the gulf cooperation council, it is a gift to iran and we should be working hard to avoid that. it would help if we had a state department full of diplomats and one of the problems is secretary tillerson is a kind of a one-man band. we've got no assistant secretary for asia or the near east. it makes it hard to do all this diplomacy. >> bret: fortuitous fourth of july to have you in. happy independence day. up next, the tragic stor

i agree with elliott.f we could get a freeze on nuclear production that we can verify or that the chinese and russians and other third parties could verify, i would consider a freeze for freeze but the one thing offered now is not favorable to america. >> bret: elliott, on this other topic not getting a lot of coverage, the battle between qatar and the other gulf states. about what's going to happen ane for qatar, possibly supporting extremism and terrorism. >> the qataris need to come at least halfway. they need to stop doing what they are doing. if this results in the end of the gulf cooperation council, it is a gift to iran and we should be working hard to avoid that. it would help if we had a state department full of diplomats and one of the problems is secretary tillerson is a kind of a one-man band. we've got no assistant secretary for asia or the near east. it makes it hard to do all this diplomacy. >> bret: fortuitous fourth of july to have you in. happy independence day. up next, the tragic story

elliott looked like he slammed into him. you see denny was trying to drive back, but then the fire from underneath the hood made him think twice. he dropped the window and jumped out of that car. >> under this caution period, 48 pitted from the eighth position. his teammate, kasey kahne also hit pit road. >> we will go overtime, and we want to take a look at the overtime line on the back stretch. once they get the green flag, if the leader get to the overtime line, before the caution comes out, the race will be official if a caution comes out after the leader has passed that overtime line. if they don't get to the overtime line and a caution comes out, nascar will try to restart the race and they will do that as many times as they have to to get a green flag finish. >> jeff, you brought it up in the xfinity race today that ended under overtime. after the leaders came, the caution came out, and everyone has to think of that as a start/finish line. we have seen how aggressive they are, and there's a good chance they can end a

elliott is in. during his run here, mason had a habit of calling out his teammates. that might have been a factor in his oustr. >> in the end, i think the change is the number one reason and i think it will probably be good for me and you know for us. i think brian being available certainly played into it. he's a real good team guy. teammates want to play for him. >> real good team di. read between the lines. union, home to new england. a role on auburn. fresh into the mats. given immediately. perfect placement on that goal. the union win 3 -0. >> and ewe love a winner. >> yes, for sure. >> thank you. still to come, an officer who rescued a little boy from unspeakable abuse ends up changing his life for the better. >>> and later, it's america's birthday and what better way to celebrate than with a red, white and blue cake? details when action news comes right back. ♪ [brother] any last words? [boy] karma, danny... ...karma! [vo] progress is seizing the moment. your summer moment awaits you, now that the summer of audi sales event is here. audi will cover your first m

we saw you elliott in that sketch on the 50th anniversary episode.ase ways you have done it. —— in these areas ways. who would you like to see cast? my goodness. i can see whyjodie whittaker is such a favourite. she is a brilliant actress and she could portray that mysterious, otherworldly mystery of the doctor. you can imagine another actor playing the part with entire planets alex tait —— are at stake. wendy, i would love to see sean that we play the role. —— sean pertwee. i think he would be fantastic. thankfully, they do not regenerate forecasters. nick miller is at the map. there has been a significant improvement on yesterday. this is the view from cumbria, broken cloud and sunny spells. for the rest of england and wales, cloud, some outbreaks of rain showers spreading south and still receiving working from east anglia into buses south east england before clearing away. 0vernight, outbreaks of rain in north—west scotland with a brisk wind. elsewhere, clearing skies and the colour night to come. some of us just dipping down into single figures a

management's bid for the company, an increasingly hot drama listen. >> we know elliott well.re great folks, our largest creditor. >> right. >> at this point, it's conceptual we're not seeing any specifics from them. >> okay. >> they're fine people, but all i know is what's in front of us is buffett the berkshire hathaway deal would be great for this company. >> right. >> i just don't know enough about elliott anymore. >> they are considering a $9.3 billion takeover of the bankrupt utility company. >>> on today's wall street agenda, fed speak and earnings brainerd will speak about monetary 308policy in new york 12:30 and we will hear from neel kashkari this afternoon. and look for wholesale trade numbers at 10:00 eastern pepsico reports earnings before the open and we'll talk with cfo hugh johnston in a first on cnbc interview at 9:10 eastern on "squawk on the street. what are we looking for on pepsi numbers? >> with pepsi, the neilsen data, which tracks sort of the consumer products data over the quarter or so, points to a softening in the beverage business look for frito-lay

a first withn elliott.y doing know about the man that will replace him, what is his view about where we stand with elliott? there is a senior management change, does that signal a shift potentially in this companies feel of the deal? >> there is no change at all for successorgy but the is the head of the chemicals decision and it is about the market is looking at when they will [inaudible] attention behat retained if the head of the chemicals division is leading the country -- company? the questions this morning being asked of this company. thank you, joining us on the latest. watching,ks we are selling off its food business, focusing on baby food going forward area to will that stock react as well? the open is eight minutes away. this is bloomberg. ♪ guy: six minutes to go until the market opens. five minutes in reality. daimler taking precautionary action recalling diesel vehicles . we will see how that stock reacts to this news. keep an eye on that. clearly, the diesel story is not done yet. i talk about

ppg may have walked away, they were bidding for this business but elliott, the activist shareholders have not given up the chase here. they maintain pressure on akzonobel since ppg walked away from the approach. elliott made a second attempt in court this thursday to oust the chairman anthony bergman and they have been pushing to shake the agenda at a shareholder meeting and that is where elliott could step in with this meeting, this is g.m. that is scheduled to take place around the apartment of the new ceo. the former ceo resigned suddenly for unspecified health reasons a week or so ago. now all the attention will turn to this egm. they are convening this to improve shareholder relations. we will talk about this was one of our colleagues who has been following the akso story. manus: as we are waiting for the not -- rundstedt numbers. ebit, 2.9numbers for 3 billion. just shy of the 3 billion norwegian krone that was the estimate. bloomberg intelligence talking about ahead of these numbers how the earnings growth will depend on improve them and them prices, volume gains and dollar st

nearly 100 years after the expedition, in 1893 a man by the name of elliott, who was interested in the expedition it's self, but had an interest that went beyond looking at the official report. he was more interested in the original narrative of the expedition. he went to philadelphia where the original journals are kept, and asked if he could borrow them to put them out as a volumes thaties of had the transcriptions of the original journals. people were interested in the historical and narrative approach of the expedition could read them and the original version. journalshe original that to washington dc and hired a woman by the name of mary anderson. she made an exact copy of all of the journals of lewis and clark. this represents one volume of that. what is interesting is that mary anderson was paid $150 to hand copy all of the journals. this is the only one known to exist. here you can see her incredible craftsmanship of copying the text exactly how lewis and clark would have written it, and copying in illustration they would have done. a fish they discovered and did a drawing in t

hannah elliott helps out by taking three top sports cars for a test drive. >> the perfect sports car combines a good look with nimble steering, aggressive power, and a high-quality cabin. it will be expensive but not so pricey that it is out of reach for everyone. jaguarche, mercedes, and have the top three cars on the market today. but which is the best for you? let's get the numbers out of the way. all three cars have impressive stats. the porsche comes behind the men's and the jag but each is a thrill to drive in its own way. 2017 carrera cabriolet. horsepower,s a 420 six-cylinder boxer engine. is difficult to describe the feeling when you get behind the wheel. the rear wheel drive and porsche tort rip -- gripped the road better than any model in our group. and ag gps feels faster joy to drive. of course, if you're not careful, there rear wheel drive will fishtail with a mind of its own. coupes the two door jaguar debuted in 2015 as a way to get back in the game. the company did it with flying colors. >> the handling is gat this car is perfectly balanced. torque that you feel when

renee elliott founded organic supermarket chain planet 0rganic in 1995.gh a difficult time in her early thirties, which led her to focus more on her own wellbeing. she's shared her wellbeing tips for other bosses with ceo secrets. i think it was when i was in my early 30s, i went through a difficult time and it was then i realised you have to take care of yourself and put yourself first and ta ke yourself and put yourself first and take care of the basics otherwise you cannot be a false the change in the world. —— force. well—being comes in many different forms, economic— band, save spend. never stop learning. be honest and tell the truth. psychological is about doing the personal development work, taking responsibility, taking your pa rt taking responsibility, taking your part in things. good food, physicality and fitness. spiritual well—being of me is about meditation and socialism out having fun with family and friends and then sleep which is so important. when you're tired, go to bed. a lesson for us all. don't forget you can get in touch with me and

nearly 100 years after the expedition in 1893 a man by the name of elliott coos who was interested in the expedition itself, but had an interest that went beyond kind of look at the official reports, but he was more interested in the original narrative of the travelers of the expedition, so he went to philadelphia where the original journals are kept and asked if he could borrow them to put them out as a published series of volumes that actually had the transcriptions of the original journal themselves, so people interested in the historical and narrative approach of the expedition could read them in the original version and he took the original journals back to washington dc and hired a woman by the name of mary anderson to make an exact copy of the journals of lewis and clark and this represents one volume of the series and what's interesting is that mary anderson was paid $150 to hand copy an exact duplicate of the journals. this is the only one known to exist and you can see her incredible craftsmanship of copying the text exactly as lewis and clark would have written it and even

let's go decorate patsy elliott's new dorm room ♪ >> i just put finishing touches on patsy elliott'sreshman year in the dorm room of your dreams. so you can see, we picked out your favorite bedding. it's all the cozy pillows you can imagine. and, of course you can't start your new home without foe kezphotos of your family. this is a really fun hanging wall with your photos. you can change this out. over here we've got storage. and then some fun things. more pictures! your desk is all set up. you've got stuff for your shower. and you wanted curtains so we made sure that you had nice curtains so it would feel like you're at home. just want to make you feel like you're at home. so good luck this year. >> thank you so much. >> you're welcome. >> by the way, that dorm room is identical to the one patsy elliott will be in this fall after her summer program so we are going to pack it up and it will be waiting for her when she returns to start the new semester. isn't >>> good day we're coming on the air to bring you live coverage of president trump in paris, where in a few minutes he'll hold

elliott says that could be a severe strategic misstep.takes onsed brexit, putting a figure on the so-called divorce bill the u.k. would be expected to pay to leave the eu. the economy minister said london must hand over 100 million euros , the equivalent of 100 $15 billion, to walk away. that's the highest some so far mention and comes after the u.k. was accused of not meeting its obligations under the treaty. horace johnson will meet with business leaders and investors who employ thousands of workers. the british government is hoping to persuade them to stay in the country, despite the uncertainty of brexit. global news 24 hours a day powered by more than 2700 in morests and analysts than 120 countries. this is bloomberg. >> we have asia stocks extending gains for a ninth straight day, trading at the highest level 2007.december we are seeing interesting moves particularly in the forex space. you have the yuan onshore and offshore rates extending losses. we do have the us a reversing gains, lower by .2%. ofting a two-year high $79.89, the

nearly 100 years after the expedition come in 1893 i man by the name of elliott who is interested in expedition itself but had an interest went beyond kind look at the official reports, but he was more interested back in the original narrative of the travelers of the expedition. so we went to philadelphia where the original journals were kept and asked if he could borrow them to put them out as a published series of volumes that actually at the transcriptions of the original journals themselves. the people who are interested in the historical and the narrative approach of the expedition could read them in the original version whitey did com tommy tok the original journals back to washington, d.c., and he hired a woman by the name of mary anderson to make an exact copy of all of the journals of lewis and clark. this represents one volume of that series. what's interesting about this is mary anderson was paid $150 to hand copy and accept duplicate of all the journalistic this is the only one known to exist, and you can see her incredible just craftsmanship of copying the text exactly a

well, you're quoting from the elliott review... iam.ew, and had we been asked we would have provided the information that we have. the bishop of bath and wells, peter hancock, is now the most senior clergyman responsible for safeguarding issues, and strongly disagrees with the church's insurer. would it surprise you to learn that ecclesiastical insurance group rejects the findings of the elliott review? i'd want to take an entirely different position to that. the archbishop very clearly, in a very determined way, accepted all those recommendations, and one of my roles as the lead bishop for safeguarding is to make sure that those recommendations are monitored and evaluated and, more importantly, acted upon. another place, another time, the same complaint. at kendall house in kent, a church of england home for young girls, residents were found to have been drugged and assaulted. a settlement was reached with some victims by lawyers from the church's insurers, ecclesiastical. theresa cooper was one of the victims. i think there needs to b

elliott is trying to craft a debt for equity plan.ime to put a deal in place. the two sides will be back in court later this month. time for a quick look at what's coming up on the next few hours here on bloomberg markets. kong.lorious day in hong data anytimethis after 9:30. jpmorgan, giving us an idea of what it means, how is it really global economy and the domestic economy. the big one is looking back at janet yellen. she didn't talk very much about when the balance sheet unwinding was going to take place. the thing is that, do they really need to do it? amazingly about those in nine inflation numbers. from daybreakit asia. this is bloomberg. ♪ ♪ ♪avid are there many who said i want to be the leading cellist in the world? >> in music there is no such thing as this is the greatest anything because it is about learning forever. >> what about where you play? >> you don't have to be there. i don't have to be there. if were going to spend time together, let's make it count. >> would you fix your tie, please? david: well, people wouldn'

he steps down amid this ongoing battle with the shareholder elliott. be replaced by the former head of the specialties chemicals division. barclays says it is second fiddle to what is happening with the elliott story. do these resignations open the door for what is happening? >> that is the question because they walked away on june 1. it has six months that it can come back with a new offer. the successor is currently the head of the chemicals division. it is all about the market is zo can move when ak up to the chemicals division. how can the attention be retained if the head of the chemicals division is now leading the company? david: what looks to be the biggest proxy fight in history, trion has nominated its founder nelson peltz to the board of procter & gamble. procter & gamble has a market cap of over $200 billion. they have underperformed their peers because of their insular culture. they have been talking with procter & gamble for some time. why did they decide to move? >> in july, there was a meeting where they presented their ideas for how th

hanna elliott helps out by taking three top sports cars for a test drive. >> the perfect sports car should looks, nimble steering, power, and high-quality cabin. it will be expensive, but not so pricey that it is out of reach for everyone. >> porsche, mercedes, and jaguar have three of the top sports cars on offer today, but which is the best for you? ♪ >> let's get the numbers out of the way. all three cars have impressive stats. the porsche comes just slightly behind the benz and the jag, but each is a thrill to drive in its own way. >> this is the 2017 porsche 911 carrera cabriolet. the engine is a 420-horsepower six-cylinder boxer engine mounted in the rear. this is porsche's famous engine. it is difficult to describe the feeling when you get behind the wheel. this is where that mystical porsche x-factor comes in. the rear wheel drive on 20-inch carrera s wheels and porsche torque of vectoring that grips the road better than any other model. the amg gts feels like a rocket ship. this car has a lot to offer. it has that amazing v8 engine. it has the horsepower. it has the torque. of cou