tom enders has about a year and change to go now the shake up is coming at a really strange time we have all these corruption allegations related to the use of middlemen in terms of plain sales and it's reinforced the french german divide. in the company so both governments of course have a stake in this now there's a french national is thought to be going because he failed in his bid to succeed anders who of course is a german national now investors have worried about how the management changes will invite political interference as of course both france and germany want to see airbus become a european vehicle against chinese and american competitors and they both want their own people to do it now some investors would actually prefer that anders is succeeded by by a person that is neither french nor german perhaps someone less considerate of national interests in talking about that is that really some speculation of any names floating around do we do we know any preferences in terms of succession well we already know who is supposed to succeed because you know that's given me far i'm ve

at 6:20d to tom enders a.m. new york time on bloomberg tv.of biggest deal in the history of technology going forward. they met yesterday to discuss the billion dollar hostile takeover. the board will meet to discuss next steps. k, a banking group has terminated an arrangement in which the firm oversaw $153 billion of assets. the move would affect less than 5% of annual revenue. that is your "bloomberg business flash". tom: taylor, thank you very let's look at the bond market. the two year, not the 10 year. the 10 year begins to threaten 3%, 30 year bond, way out duration moves. fed looksat the at, a two year yield with you to acceleration outside of the addictive envelope of a number of months ago. viraj: -- davidis still with us, riley brings experience. david, the bond character now, are the vigilantes telling the economy what to do or are the vigilantes telling the central banks what to do or is that overplayed? david: overplaying it a little. the bond market is catching up to what the fed has been telling him. what we have seen this year,

tom enders has about a year and change to go now the shake up is coming at a really strange time we have all these corruption allegations related to the use of middlemen in terms of plain sales and it's reinforced the french german divide within the company so both governments of course have a stake in this now french national is thought to be going because he failed in his bid to succeed anders who of course is a german national now investors have worried about how the management changes will invite political interference as of course both france and germany want to see airbus become a european vehicle against chinese and american competitors and they both want their own people to do it now some investors would actually prefer that anders is succeeded by by a person that is neither french nor german perhaps someone less considerate of national interests in talking about that is that really some speculation of any names floating around do we do we know any preferences in terms of succession well we already know who is supposed to succeed get him a foreign i'm very sorry from a french pro

some feel biden will feel compelled to run if there is no strong ender in the next year or so. >> stilln the snow falling all evening. a live look from city hall, snow has tapered off, but the roads are still wet. some are dain dangerous. melissa magee has the forecast when "action news" comes light baccomes rightback after this. ♪ ♪ >> time for a check of the accuweather forecast with melissa magee. we are looking forward to the 70s coming up in the week. >> we have a lot to discuss. >> go right to the 70s. >> i have to get there in order. >> don't listen to me. i'll get you in trouble. >> sky 6 live and hd, down the parkway, you can see the snow we had earlier. it was wet snow in the city. it's moved out. the roads are mostly wet. we are looking okay on the roads. north and west where you had more snow fall accumulation, snow fall is a concern. we have a mostly cloudy sky if you are out and about. storm tracker double scan radar the snow departing to the north and east and rain across south jersey is exiting portions of atlantic city as we speak. philadelphia, 33. 33 allentown, 31 in

we speak to the ceo, tom enders.to "bloomberg markets: the european open." i'm matt miller in berlin, alongside guy johnson in london. will have a big smile on his face today. let's talk about market reaction more broadly. 30 minutes into the trading day, basic resources bid. metals are up. i wonder if there is a south africa story in this. industrial goods and services trading higher, banks bid as well. tradingenerally strongly. only one sector in negative territory this morning, and it is food and beverage. nestle and the nestle effect is rippling across the sector to stocks like danone. let's get a first word news update with sebastian salek. sebastian: 17 people were killed and assure -- school shooting in southern broward county, florida. the suspected gunman has been arrested and is said to be 19 years old and a former student at the school. itward county sheriff says was a catastrophic day. president trump has offered federal assistance to the state and his consultants is to families. president trump has told

daniela: of course i'an ender, but my life is completely different.i have the opportunity to study, my family supports me, my friends support me.ve i lot of love around me. reporter: not only has "a fantastic woman" earned excellent reviews, but the oscar tminated picture has brought inspiration to thensgender community. wis new york trans activi impressed. >> tsee a trans-identified woman playing a trans-identified character in a movie that took the storyline seriously is groundbreaking to be able to sit in a movie theater and watch a movie with a trans woman about a trans woman and connect with her right awa yeah. reporter: having a transgenderes acplay a transgender character can bringty authenti but the film's director certainly doesn't believe that a trans character always has to be played by a trans actor. >> i think we are free, and there are no rules i that being said, for me, having done this film with a non-transgender actor or actress would have bn like an anachronism, like the old days ofinema, black people were forbidden to play films, so

they got a six and are, which was when all 6 -- a six ender, which was when all six of the teammatesere on the target zone. there are round-robin matches, so there will be a lot more curling to come. sarah: and we have two weeks of action. matt herrmann from the olympics. thank you for telling us more. the games also having a political aspect. a high level government delegation from north korea attending the ceremonies, officials including kim yo jong, the sister of kim jong-un. officially the two countries are still at war, but the olympics appear to have started a thaw in relations. she met with south korea's president moon while the teams from the two countries walked side by side under a unity flag. for more, let's bring in the senior research fellow at the heritage foundation and former cia deputy chief for the cia, as i mentioned. bruce, thank you for joining us. >> thanks for having me. sarah: what do you make of the scenes of unity we have seen and south korea. are you hopeful for a thaw in relations between the north and the south? >> we can always be hopeful and it is certa

mean they're asking the same questions or asking the same questions i'm asking republicans democrats ender's congress people they left that state of the union saying where's it coming from we need to know so i would assume there will be more details forthcoming eventually so years ago there was a toll road that i'm familiar with and i want to get in to specifics pacific's because i don't know when or if it's still owned by a foreign company but it was a toll road at least in the past and it's owned by a foreign company is that something that republicans might be amenable to to essentially leasing out licensing the toll road revenues to afford country as a way to pay for this stuff. if they do that i would hope that they would follow the requests made by donald trump that all foreign aid goes to friendly countries and countries who have our back and so to speak and i would hope that they would. contracted out not to china and not to other countries that don't have our best interests at heart i don't know that's an interesting proposal but again if canada is real and if it's leaving out from t

. >> coming all the way back from a hard to watch possible career ender to a perfect score. >> shaunhow delish is this little baby? scott, which medalist created this beauty. >> lights, camera, "access." >>> right now on "access," lindsey vonn meets the press and breaks down. >> and the olympic flame is lit. the opening ceremony airs tonight on nbc. >> but, scott, the real story is lindsey vonn. she's 33 years old. she is the greatest female skier of all time and having her final olympic games in south korea brings her career full circle. >> it's really hard for me not to cry. i just -- i want so badly to do well for him and i miss him so much. ♪ >> a far cry from her steely game face, lindsey wipeder

tom harrington is from enders analysis is here to tell us what that might mean.trategic refresh but that is tough for advertising right now in the market? they announced net advertising revenue was down 5%, in line with guidance, and what has been happening in the market, the market trend, unsurprising in that regard. the last five years has seen itv moving away height quickly from a model thatis away height quickly from a model that is based entirely upon advertising revenue and towards one which gets increasingly upwards of 50% now in their production capabilities. they are protecting themselves from the ups and downs of themselves from the ups and downs of the advertising market. carolyn mccall came in from ryanair, a lot of hope split on her shoulders. can she turn things around?” of hope split on her shoulders. can she turn things around? i think she has to worry about the ingress of tech giants into the tv advertising space. she has been championing television as a safe and mass reaching medium. you can see brands adverts online easily, not next to jihadi v

pulled off something that you don't often see has never happened before this is what you call a six ender when one team has all six of its stones in the house as they say on that little target thing and us were not exactly happy with that outcome but they're not eliminated yet there's still four teams sort of on top of that leaderboard all level on points so there's still a lot of curling yet to be played this is not everyone got off to a brilliant start at the olympics what happened for example in figure skating oh yes we've had some falls in the short program for the team competition most notably perhaps patrick chan he is a canadian figure skater he's one of the favorites in the singles competition for the men but in the team competition things. didn't end up well he did and luckily his teammates on the canadian team performed well enough that canada actually went through in first place after the short program everyone else was quite on top of their game so he will get a chance to do his long program skates in the team competition this weekend and let's just hope patrick has a better d

that was exactly the wrong place for me to be because i'm an irish nationalist i mean united darren enderbut i am also a person who believes that social justice and equality is the other side of that coin what good freedom if not an equal and. so for me shin fein blended perfectly in. still does that concern for self-determination for freedom but also a very keen sense of building an equal society and giving people not just rhetorical lip service around opportunity or prosperity but actually making those realities in people's lives but shouldn't they be traditional strong woman little. less opposed to the course of this market one hundred years ago the first woman elected to the house of commons but of course as an abstention it's never too close to seat you mention markovitch there i mean air a giant of irish history a phenomenal woman. who one hundred years ago this year was elected to the house of parliament. but who was in jail at the time and who in any event was an abstention as a politician and just like shane fein m.p.'s now we don't take our seats we continue in that tradition be

and i'm going to say now what i'm going to really emphasize at the enders just because these proposals would not have prevented these does not mean that we, therefore, just raise our hands and say, therefore, there's nothing we can do. it is a tough issue because it is part of the reason why it is so hard to prevent these. it's because if someone decides that they are going to take it upon themselves to kill people, whether it's a political assassination of one person or the mass killing of many, if one person decides to do it and they're committed to that task, it is a very difficult thing to stop, but that again does not mean we should not try to prevent as many of them as we can. perhaps the answer on how to prevent them begins by asking ourselves what do these things have in common? they have two things in common. the first is every single one of them was premeditated and planned. none of these shootings were an act of passion or someone got up in the morning, was upset and decided to do something out of rage. they all involved careful planning and premeditation. they deliberately

it's not the first time that the west enders and finn has opened the band but one thing is the first opening the festival with an animated feature. i love dogs a second a disco piano future japan but the mc proportions outbreak of dog flu rips through the city of make a song. mayor kobayashi issues emergency orders. calling for at least the fodder to trash island becomes an exotic on. the isle of dogs scarlett johansson jeff goldblum and a host of other top class actors provided they are voices for the dogs and they seemingly took preparing for the jump very seriously ever i went with diet i just started doing a lot of dry food and then just everyone throw something out of a board and i bark. yeah i got it but there's got to be a reason for me i'm not alarmed i'm the fin takers the issue of political corruption above all populists turning people against an entire specious and movie was a political meaning even though it wasn't planned that way to the island because. we've been working on this movie a long time the world began to change in the movie and we offset. it seems kind of rig

the rat charlie munger is a man a four year old rat warren buffett is a big fat rat they are easy enders they're predators and bright and characterize fraud as miss incentive that's like saying that you know the guy who goes into the liquor store and robs it blind it kills people who is mis incentivized he just went in there to get a pack of cigarettes but somehow as incentive structure was messed up but he end up killing a few people and stealing a bunch of money but we're just going to find him ten percent of the money stall is still thousand bucks you got to give one hundred dollars to the government is a fine they can keep nine hundred there's no culpability for the murders in this case you know these guys are actually causing widescale social and economic unrest is leading to all kinds of malays and destruction in the economy and this is not pull pot but private equity well this is the thing about the wells fargo scandals first of all let me conclude with what reuters says about it and look listen to their wording about this the san francisco based bank has been beset by scandals fo

the north enders, one of the things they wanted was to make ,ine and beer, the bathtub gin as they called it, they jumped in with both feet. because of who they were, they dominated the field. but they were fighting each other. that wasn't good for business. so in 1928, the leaders of the most important factions, they they consolidated. and we could say that is the beginning of what we call today the kansas city crime family. with that power, the first thing they did, because democracy a is mafia isly -- the politically astute, they are heading into politics. in sicily, they are the government. the took over by force political apparatus in the north side. you have probably heard of tom pendergast. had hate controlled most of the city by this point. lazia was put out front as the boss. in the back with the old-timers, who really ran -- were the old-timers, who ran things. but this man could to good english and he was handsome -- could speak good english and he was handsome. he could interface with people. nholy alliance u of a powerful political machine controlling most of the politics of

even though our african-american population is 5%, 55% of our clients, public differ ender clients, and folks in the system are african-american men and women. if you look at categories of crime starting with traffic tickets, african-americans are seven times as likely to be stopped for a traffic violation. why is that, because african-americans can't drive? more likely to be stopped for a drug offense, even though every study has shown that whites use and abuse and sell drugs more. if you look at the overdose rate, six times the rate for whites than blacks, but the statistic is the opposite when it comes to being arrested for drug offenses. james bell, who spoke earlier, did an amazing, groundbreaking study. it showed clearly that there were disparities. we sought to take that study and work with the university of pennsylvania, which offered to do a two-year study independently. all we did was provide them with our files. and we opened our files up to them. they came up with a report -- first slide, please? second slide. they gave us an economist and a scientist and a law professor for

julia: that was tom enders. his rival is the cover star of this week's bloomberg businessweek.ok at the performance of boeing over the last year, they had a blinder of a year. they more than doubled. they were in trouble with donald trump. the reengineering of the contracts. they have come under huge fire from their suppliers as a result of putting pressure on them to cut prices. they are building is this is the challenge them. an interesting contrast with ge. boeing now the biggest exporter in the united states. fascinating story. scarlet: it is extended as well. give you look at boeing this year, it is up by 20%. cisco's number two with a 15% advance. the collapse of xiv. is the alphabet soup masking real risks. this is bloomberg. ♪ we use our phones and computers the same way these days. so why do we pay to have a phone connected when we're already paying for internet? shouldn't it all just be one thing? that's why xfinity mobile comes with your internet. you can get 5 lines of talk and text included at no extra cost. so all you pay for is data. choose by the gig or unlimite

the north enders, one of the things they wanted was to make wine and beer, the bathtub gin, as they called it, they jumped in with both feet. because of who they were, they dominated the field. but they were fighting each other. that wasn't good for business. so in 1928, the leaders of the most important factions, they got together, and in order for better business, the unified. they consolidated. and we could say that is the beginning of what we call today the kansas city crime family. they took over by force the political apparatus in the north side. you have probably heard of tom pendergast. they had hate controlled most of the city by this point. johnny lazia was put out front as the boss. in the back were the old-timers, who ran things. they needed a guy who could speak good english. he was a handsome man. he could interface with people. hand, hee votes in heads up to see tom pendergast and forces and alignments. we have an unholy alliance of a powerful political machine controlling most of the politics of the city, most of the city offices. you team that up with a powerful, vicious c

joining us now is alice enders, director of research at enders analysis.st in the us, fixed line broadband is ex—growth. they do not have an international presence. this would be their first international presence and they would acquire premium pay—tv company. let's talk about the company. let's talk about the company. prepared to pay £22 billion, £4 billion more than agreed with rupert murdoch? the endgame of the fox sky deal is still ahead of us. 61% of the vote is available as you know. we're getting through the regulatory clearance of fox— sky here in the uk. bearing in mind december fox sold itself in a swap to disney. we have a potential owner in disney of sky and a potential bidding war, we think, with disney also entering the fray to try and acquire sky from the independent shareholders. what strikes me is they are squabbling over a diminishing part, diminishing return because we are looking at the market and used to talking about disney and fox and all these big corporations that control what we watch, how we are entertained, but there are new pla

hour with breaking news, fresh out of jail, and philadelphia police say he's already a repeat offer ender. investigators say, a 26 year old man has just been freed from the curran fromhold correctional fast ellie is in when he tried to steel a police officer car. there were struggles, the off duty correctional officer shot the man in the chest. >> so at this time it appears that this inmate has just been released the same time that the correctional officer reported off duty from the same facility and their paths crossed in the parking lot. that's when the inmate approached the correctional officer. >> so, that inmate is now in critical condition. police do expect him to survive. the correctional officer was treated for injuries to his head, his neck, and his face, he's also expected to be okay. >>> meantime philadelphia clean up crews spent another day on the job after the eagles parade of champions. "eyewitness news" found crews sweeping up the trash there yesterday near the art museum. the street sweepers were out in force, too. now the eagles and city officials are calling the parade a

why on earth does this guy get to stay where everywhere else, every other industry, this is a career ender months and years ago. >> indeed. stick harnaround, the dow dropp finishing down more than 1,000 points. what is causing the spiral? what the white house has to say about it. that's next. stay with us. friends, colleagues, gathered here are the world's finest insurance experts. rodney -- mastermind of discounts like safe driver, paperless. the list goes on. how about a discount for long lists? gold. mara, you save our customers hundreds for switching almost effortlessly. it's a gift. and jamie. -present. -together we are unstoppable. so, what are we gonna do? ♪ insurance. that's kind of what we do here. >>> breaking news in the money lead. the dow nose diving again today in an incredible volatile week for the financial markets, close more than 1,000 points, 4.1%, second time this week. with me now is the founder and president of sea port securities, financial firm, and christina, i start with you. what's driving the spiral? >> what's driving the spiral is the party's over. it's the end

and i'm going to say now what i'm going to really emphasize at the enders just because these proposals would not have prevented these does not mean that we, therefore, just raise our hands and say, therefore, there's nothing we can do. it is a tough issue because it is part of the reason why it is so hard to prevent these. it's because if someone decides that they are going to take it upon themselves to kill people, whether it's a political assassination of one person or the mass killing of many, if one person decides to do it and they're committed to that task, it is a very difficult thing to stop, but that again does not mean we should not try to prevent as many of them as we can. perhaps the answer on how to prevent them begins by asking ourselves what do these things have in common? they have two things in common. the first is every single one of them was premeditated and planned. none of these shootings were an act of passion or someone got up in the morning, was upset and decided to do something out of rage. they all involved careful planning and premeditation. they deliberately

perspective of the 435 men and women who serve in the house, that work was completed on time before the ender of the fiscal year. but again, the senate unable to take up any appropriations bills for a variety of different reasons, i'm not interested in assigning that blame today, i'm interested in figuring out what to do about it going forward, took until just a week ago for the senate to pass a bill, craft a plan and do what we call raising the caps to we could get a funding agreement that will take us over the next 18 months. madam speaker, you can't see it here but i have a chart of defense spending going back over the last few years. in fact, i started the chart the year that i was running for congress for the very first time. it was 2010. i came in in that big class of freshmen, 100 of us, imagine that, 100 out of 435 members coming in for the first time together in january of 2011 and many of us came here with the desire to balance budgets. among the many data points that get shared, madam speaker, one was shared with me when i was doing c-span's "washington journal" this week, the host

meeting of qualcomm on march 6th, ten days from now, it is a tuesday if you want to check your cal e enders the hostile bid from broadcom has been interesting and has some scratching their heads in terms of tactics and trying to understand it. somebody who has followed more hostiles than anybody over the last i don't want to say how many years, they are very tough to pull off and landscape is littered with failed attempts at hostiles by companies. will this be yet another one we shall see but coming into them you have to be prepared to pay a price that often times would seem to be far higher than you should pay if you want to be successful. that perhaps one of the reasons why broadcom seems to be doing some strange things here in terms of tactically in terms of trying to win the day. the board meeting, the annual meeting is coming up and we'll get to in fact the broadcom so side in terms of ability to win the seats but really lowering the price yesterday and arguing it is a higher price, is that something that shareholders are going to buy into after of course qualcomm raised the bit for nx

in a turnaround from a staunch brexit critic, tom enders made the guarantee. that is according to an official who declined to be named. in a nod to the company's 15,000 u.k. employees, airbus will continue to see the country as a competitive place to invest, he says. global news 24 hours a day, powered by 2700 journalists and analysts in more than 120 countries around the world. i am nejra cehic and this is bloomberg. francine: now, let's kick it off with the markets, the dollar extending a weekly advance. higher treasury yields bolstered the u.s. currency. joining us now is the global macro strategist. volatility, you are saying, it's fine.l what are your thoughts today. will he get 3% on treasuries? -- 997 was the year francine: 1997 to now. >> the broader point is, at the beginning of the year we saw equities going up and bond yields were going up nevertheless and everything was going in that direction. that has paused for now and the volatility might have some specific origins, but it does not matter. the bigger theme is the super goldilocks scenario we ha

let's talk to matti littunen from enders analysis where's the come from?mpressive and it really how apple is the competitive company and able to capitalise on their role. a huge amount of money, hard to imagine £14 billion in three months. we sort the future point though where those sales are now starting to fall, does that suggest we have got the saturation, everyone has an iphone, who wants one already has an iphone, who wants one already has one? apple now has 1.3 billion devices in use so now the question is how are they going to be able to serve these customers better and better and increase the already skyhigh revenue they are getting from each of them every few years or so? let's talk about amazon because it is easy to get caught up in the apple thing but their figures were also impressive. they are interesting, because rather than sitting on a big pile of cash, they know exactly what to do with all of it so straightaway they invested into new growth areas, moving into races, retailers, whole foods, areas like healthcare, theyjust announced a partne