-built falcon 9 and falcon heavy as well as investments in home grown next generation propulsion systems looks forward to contributing to the nation's space enterprise. i am pleased to address any questions you may have. >> great. great job. thank all of you. my first question was going to be to the companies do you think you're capable of providing us a rocket propulsion system in advanced rocket propulsion system that can replace the rd-180 by 2019. mr. myers and ms. van cleat answered that in their opening statement. mr. culbertson, you implied y'all are going to get into kpe for this replacement engine. was that an accurate assessment of your opening statement? >> yes, sir. we are certainly working towards that end. >> excellent. mr. thornburg, are you planning on getting in competition for replacement engine for the rd-180 and can you have it done by 2019? >> through our existing launch vehicles with falcon 9 and falcon heavy, we can provide 100% of the nation's needs for national security space missions. in addition we'll continue our investment in next generation propulsion system

luis falcón: y eso se hace, pero tratar de hacer eso para 100 estudiantes es muy difícil.nosotros como maestros, que sí queremos hacer eso, pero no podemos hacerlo para todos. damián trujillo: y mira, estos estudiantes que tú educas vienen, como hablamos, de la población que, bueno, francamente no es rica. es de bajos recursos, pero es rica en las ganas y en el empeño que le echan. luis falcón: sí y la cosa que está diciendo de ganas, eso es uno de nuestros valores-- nuestro valor en la escuela. a los estudiantes que vienen les decimos que le tienen que echar ganas y esa es la palabra que siempre reforzamos en la escuela, le tienen que echar ganas en todo. y nada más porque vienen de un área, de una cierta área no significa que no pueden ir a la universidad. yo también fui estudiante en esta escuela y entonces ahora estoy regresando. entonces yo creo mucho en la misión de la escuela. damián trujillo: y daisy, tú cuando eras también estudiante, tú abriste una de esas mochilas, te regalaron una a ti. daisy garcia: sí, igual a luis, yo también fui a la escuela de dcp. yo fui

in may, the air force certified the falcon 9 launch system. we appreciate the air force's confidence. powered by spacex's merlin rocket engine we are also building qualifying and certificate fight the falcon heavy, which also uses the merlin rocket engine. between these two launch vehicle systems, spacex can execute 100% of the launch requirements and provide heavy lift redundancy for the first time to the government. we anticipate certification in mid 2017. at the same time, spacex is developing raptor this stage combustion system will be extremely powerful and versatile, efficient and reliable while achieving commercial viability through notable risk and cost reducing improvements. raptor will advance the state of the art and ensure the u.s. remains the global leader in rocket propulsion technology and serve important politic for national security space launch. importantly, meaningful competition is re-entering the program. with this we have seen the incumbent make promises to reduce its costs, innovate and fund new development efforts with

falcon 9 and orbital atk. i think it is a very different thing for the national security launch infrastructure to be told to purchase launch as a service implying that there is an open market of providers from which the department can buy a launch on a marginal cost basis as if it were an airline ticket. and then oh, by the way to be hold that they have to fund the development of that capability. >> is that not what cots was? cots was the funding of the development the lyultimately. >> a small portion of the development. money matters. that's exactly right. the level of the investment matters a lot. when we established the cots program, we wanted to see a major element of contractor skin in the game. we did not want the skin in the game to be entirely that of the government. if the government was going to fund it as a new development then we should just do it as a prime contract. >> i just have a few seconds left and i just want to reiterate the point i made earlier which is the department of defense will be f

>> a falcon. you can see the black alice cooper looki eyes. >> oh, that doesn't even look real. >> makes an approach at the beginning of the video then drifts out of frame. >> he's just looking at the it what are you doing in my air space or what are you and can i eat you? >> you didn't clear this with air traffic control, buddy. another encounter between animal and humans 700 pound bear up against a cooler. this cooler made by a company called orca in the business of trying to minimize human/animal conflict. they're designed so sturdily this bear can't get into it. if you don't have access to a bear food locker this cooler can withstand a bear attack. thanks for the demonstration. here in this case they're trying to prove the durability of their cooler. >>> the time for a little fun in the sun, this is julie cafnor not only is she surfing. she has awe lacrosse stick and doing some lacrosse. she's an award winning lacrosse player midfielder for the detroit titans. >> what awe great way to strength

they watch over the dead. >> falcons, to watch over the dead, and a map marked with dots.t would surely lead to the exact location of tricia's body. >> and that moment, did you think, this is my ticket to freedom? >> i did. because i thought this is it. i've got solid confessions out of him. we know specific details. we know how he's done it now. >> keene believed he had his answer. that he'd soon be free. that he was done forever with larry hall. so that night, at lockdown, keene decided to tell hall what he really thought. >> i told him he was a [bleep]ing sicko. i told him that he was insane. i told him "you are one of the most despicable forms of human life on this planet. all of the sudden, he was terrified of me and he says, beaumont sent you, didn't he? beaumont sent you, didn't he? >> keene had blown his cover. and his outburst landed him in solitary confinement. >> it took some time before we found out that they put jimmy in the hole, so he was not able to communicate with anybody on the outside. >> by then, hall's map and the falcons had disappeared. worst of all

francisco rec and park department has to offer hopefully we've been here 90 years my camp name is falconession he leader i've been leading the bill clinton and anarchy and have had sometimes arts and crafts a lot of our guests have been coming for many years and have almost glutin up, up here he activity or children activity or parent activity here at camp mather you are experiencing as a family without having to get into a car and drive somewhere fill your day with with what can to back fun at the majestic life the essence of camp mather one thing a that's been interesting i think as it evolves there's no representation here oh, there's no representation so all the adults are engine i you know disconnected so there's more connection the adults and parents are really friendly but i think in our modern culture i you know everyone's is used to be on their phones and people are eager to engagement and talk they don't have their social media so here they are at camp mather how are i doing. >> how are you doing it has over one hundred hundred cabins those rustic structures gives camp mather t

george: really what we are focused on his customer acquisition geographic expansion, building out our falcontform and working with the security market where other technologies are falling down. emily: ok. approaching unicorn status. i will take that, george and from google capital, thank you both. still to come, max's creation of hit after hit. we will check out his latest creation, after the break. ♪ emily: it is time now for the daily byte, 2.1 billion dollars and that is the value of short sale positions tied to just $5 billion worth of games stocks, and that is 15 times the average for the s&p 500. a lot of investors think downloadable games will kill b game store culture, but here is the surprising part. gamestop is up, with some saying they have further to run. one possible reason is their trade-in program for used games. at another story that we are watching, comcast is the latest cable giant to unveil a package for cord cutters, called stream going for $15 a month, including hbo. the offering, the largest pay-tv provider to take on web providers like hulu and netflix. and back to our

francisco rec and park department has to offer hopefully we've been here 90 years my camp name is falconession he leader i've been leading the bill clinton and anarchy and have had sometimes arts and crafts a lot of our guests have been coming for many years and have almost glutin up, up here he activity or children activity or parent activity here at camp mather you are experiencing as a family without having to get into a car and drive somewhere fill your day with with what can to back fun at the majestic life the essence of camp mather one thing a that's been interesting i think as it evolves there's no representation here oh, there's no representation so all the adults are engine i you know disconnected so there's more connection the adults and parents are really friendly but i think in our modern culture i you know everyone's is used to be on their phones and people are eager to engagement and talk they don't have their social media so here they are at camp mather how are i doing. >> how are you doing it has over one hundred hundred cabins those rustic structures gives camp mather t

. >> i am katelynn johnson from falcon high school in colorado and i will be a junior. >> i am sarah from washington. i will be a senior next year. >> i am a junior in florida. >> i am raul gonzalez and i am owing to junior high. >> i am a junior at falcon high school in colorado. gen. dempsey: how about a round of applause? [applause] ok katelynn. >> general dempsey. how do you define your success? gen. dempsey: i don't know. [laughter] oh, you want me to extrapolate? >> yes, please. gen. dempsey: that is a great question. it works at a bunch of levels. the thing i am most proud of, about myself -- although pride is counter to humility which i think is the greatest virtue of all in senior leaders but i am proud of being a soldier. not much more than that. meeting, it is not about the stars -- meaning it is not about the stars. that surprises people sometimes. i am proud of being a soldier, a husband and a father. >> do you think that failure plays a part in that success? gen. dempsey: could you the question? can you say something to make sure they hear you? >> yes, sorry. do you thi

. >> who knows what ten-year-old who will be inspired by pushing a lever on the millennium falcon. >> that's dan harris reporting. up next at 6:00, could we see a little wet weather in the next 24,000? meteorologist drew tuma is up if we forecast. >> clayton kerr should begins the second half of the season leak a man possessed. welcome to fort green sheets. welcome to castle bravestorm. it's full of cool stuff, like my second in command... and my trusty bow. and free of stuff i don't like. and in my castle we only eat chex cereal. chex cereal. it's full of delicious crunchability. no artificial flavors, and it's gluten-free. and that's something even my brother ... sister can understand. mom, brian threw a ball in the house! ♪ ♪ ♪ it took serena williams years to master the two handed backhand. but only one shot to master the chase mobile app. technology designed for you. so you can easily master the way you bank. >>> health officials have a warning for anyone who gets a backyard hiken coop. don't pucker up to your poultry. the cdc says there's a rise in people getting sick from salmo

. >> who knows what ten-year-old who will be inspired by pushing a lever on the millennium falcon. >>dan harris reporting. up next at 6:00, could we see a little wet weather in the next 24,000? meteorologist drew tuma is up if we forecast. >> clayton kerr should begins the second half of the season leak a man possessed. >>> health officials have a warning for anyone who gets a backyard hiken coop. don't pucker up to your poultry. the cdc says there's a rise in people getting sick from salmonella from live chickens. many of the case involve people nuzzling or snuggling baby chicks, even kissing them. some baby chicks have salmonella in their systems and can get on their coats. salmonella can lead to severe diarrhea and in some cases death. i can see the temptation when they're little. let's go over to drew with the forecast. >> going to be taking rare july showers thanks to a tropical system to the south. live doppler 7hd showing you it is a beautiful evening we have on hand in the bay area. temperature-wise, we're not tracking to much in the way of intense heat. 82 in fair feel, 79 in

footage of "star wars" 7 was shown at comic-con in san diego and it is spreading faster than millenium falcone are new creatures and sets. it comes out december 18th. disney owns the "star wars" franchise and is the parent company of abc7. that's going to be good. >> definitely. >>> rick quan is in for larry beil. >> and you have a busy day. you have a lot to talk about. >> the force is with the giants. they took advantage of the last placed phillies. it included a splash landing by more than >>> tonight's giants-phillies game figured to be a pitcher's dual between former world series mvp's bum garner and cole hamils. hot dogs dogs should not be eaten with a helmet off. matt bum was back to his dominating self. the giants broke it open in the fourth. angel drives in a pair with this base hit up the middle. and then with the bases loaded and hunter pence takes him for a grand slam. in the seventh he added two more runs as this ball bounces off the right field bleachers and into mccovey cove. the giants finished with a season high 15 runs and 22 hits. he was determined to get his souvenir and d

it follows two failed supply missions, the latest on sunday when spacex's falcon 9 broke apart after and a texas boy is recovering after a stunt that only santa claus can pull off. it start when he accidentally dropped his phone down the tv. >> i got stuck up there. >> he's lucky to be alive. >> we was chillaxing on the roof. we got on the chimney to chillax and my phone fell into the chimney. >> that's when the 10-year-old thought it would be a good idea to slide down the chimney like santa claus. >> if i had known, i would have climbed out and everything would be normal but i got stuck in the pom. >> there he remained for nearly three hours. kay den's friend kevin broke the glass door to try to rescue him. struggling, he then rand to his grandma's who called 911. >> there's a 10-year-old boy stuck in a chimney. >> ma'am, did you say a little boy? >> reporter: they managed to scale the roof and pull jaden out without knocking down the chimney. he walked away with a few scratches. >> for the time being i'm thankful he's alive. >> reporter: but he said his son is grounded especially f

instead russo will be a pal bearer at friend fine relevant and freedom high school falcon will be there wearing the other yawn form lung loved in oakley, abc 7 news. >> sergeant lung 15 year vet run of the force will be laid to rest with full honor this thursday. scheduled to begin at 10:00 a.m. and is open to the public. >> heat wind to blimp for °fire that destroyed a home garage attic in santa rosa this afternoon. wind gust pushed 2 power lanes together causing a transform tore blow. this reached the home where fares were able to stop it from spreading any further. the fair caused about 100,000 dollars in damage. >>> brush fire in pittsburgh burned 37 acres today. started in san marco boulevard when somebody tried to jump start off road vehicle. firefighters hit the fir from the ground and air and able to keep it from reaching near by homes. one person had a minorger. >> get yourself ready in for hotter dryer conditions. here's east bay hills camera. warm-up considerably. zappedia is here with just how hot it gets. >>reporter: how about topping 100 degrees. it's going to the happen a

the falcon 9 rocket was on the way to the international space station with supplies when it blew up 2 minutes in the flight. he is not sure when the rocket flights will resume. >>> russian billionaire is donating a chunk of change in search of aliens, he is committing $100 million to a ten year international effort, being led by uc berkeley astronomers. the goal is to search for extraterrestrial intelligence, astronomers and engineers are looking for signals from ride i don't telescopes, 9 mill people world wide are programming their computers to scan the radios for those signals. >> 9 million people with nothing better to do. >> exactly. >> but watch x files. >> he was a good actor. >> you know, it's strange, our weather, forget about aliens. >> this weather is not from here. it is sticky outside. >>> now, if you are from kentucky or back east you are thinking this is not sticky. for us in the bay area, yes. in fact it is and it is still humid outside, it's a sticky 90 in livermore, doesn't feel like the normal 85 degrees. even san francisco the on shore flow humidity levels are incr

footage of "star wars" 7 was shown at comic-con in san diego and it is spreading faster than millenium falcone are new creatures and sets. it comes out december 18th. disney owns the "star wars" franchise and is the parent company of abc7. that's going to be good. >> definitely. >>> rick quan is in for larry beil. >> and you have a busy day. you have a lot to talk about. >> the force is with the giants. they took advantage of the last placed phillies. it included a splash landing by more than ♪ ♪ one day a rider made a decision. the decision to ride on and save money. he decided to save money by switching his motorcycle insurance to geico. there's no shame in saving money. ride on, ride proud. geico motorcycle great rates for great rides. >>> tonight's giants-phillies game figured to be a pitcher's dual between former world series mvp's bum garner and cole hamils. hot dogs dogs should not be eaten with a helmet off. matt bum was back to his dominating self. the giants broke it open in the fourth. angel drives in a pair with this base hit up the middle. and then with the bases loaded and hunte

last sunday spacex falcon rocket broke apart shortly after lift off and the soyuz is scheduled to dockpublic again. for a while. billionaire has opened the private road to allow access to the public beach for the next two or three months according to our media participate the bay area news group. the co-funder of sun microsystems closed the gate to the road and weapon people out. a judge order him to allow people to get to the beach in exchange for collecting a park fee. he is fighting the judge's order. >> signs warning people of smashes off the santa cruz coast will remain up until at least sunday following more sightings. you can see them in this video shot on tuesday using a drone at sea cliff state bench. several great whites were spotted yesterday forcing organizers to cancel a junior lifeguard competition. the beach will be open for the holiday weekend but rangers have posted signs asurprising swimmers to stay out of the water. >> in florida a fisherman in a kayak is pulled and circled by a shark that swallowed the bait and the shark came back under the kayak and tipped it over.

instead russo will be a pal bearer at friend fine relevant and freedom high school falcon will be there wearing the other yawn form lung loved in oakley, abc 7 news. >> sergeant lung 15 year vet run of the force will be laid to rest with full honor this thursday. scheduled to begin at 10:00 a.m. and is open to the public. >> heat wind to blimp for °fire that destroyed a home garage attic in santa rosa this afternoon. wind gust pushed 2 power lanes together causing a transform tore blow. this reached the home where fares were able to stop it from spreading any further. the fair caused about 100,000 dollars in damage. >>> brush fire in pittsburgh burned 37 acres today. started in san marco boulevard when somebody tried to jump start off road vehicle. firefighters hit the fir from the ground and air and able to keep it from reaching near by homes. one person had a minorger. >> get yourself ready in for hotter dryer conditions. here's east bay hills camera. warm-up considerably. zappedia is here with just how hot it gets. >>reporter: how about topping 100 degrees. it's going to the happen a

instead he will be a pallbearer at the funeral and the falcons will wear the other unit form -- otherger loved. >> sergeant lunger will be laid to rest with full honors on thursday at the arena at 10:00 a.m. and open to the public. >> test results are expected tomorrow will determine how much longer people in los altos have to boil their water because of e. coli. 850 customers would live between interstate 280 and foothill expressway and burke road are affected. authorities think the water was contaminated during repairs to a water main break on friday. workers have collected samples to determine when the water is safe to drink. >> homeless man accused of harassing guards outside the san francisco house of facebook c.e.o. mark zuckerberg will appear in court to appeal the restraining order. he has been arrested twice for violating the order, which prohibits him from coming 500 yards from the house. guards claim he is becoming increasingly aggressive. a friend would live on the same blocks wants the restraining order thrown out so the man can legally stay at his home. >> now a check on

. >> the pilot of the fighter jet, fighter falcon aaron johnson, was flying a training mission out ofw air force base at the time. he ejected safely. the others were on route to myrtle beach and have not been recovered. it's not known what caused the crash. it's being investigated. >>> let's turn to business and what the european council president calls the most critical moment in the eurozone. leaders are given until sunday to finalize a deal. it's another lifeline for greece. yesterday was supposed to be the day for a proposal to be submitted. european officials were caught off guard when greek's prime minister showed up to the meeting without a viable plan. greece has until thursday to present a plan and until sunday to strike the final agreement. so, let's go to london and join geoff. we're going to get to him later. moving on from greece. ashton carter is making a stunning admission one day after president obama promised victory against isis. secretary carter told the committee the u.s. has trained 60 rebels in syria. that's 1% of the overall goal. he says the u.s. is vetting 7,0

ryan: spacex ceo elon musk says an initial investigation into the explosion of the falcon nine rocketast month was probably due to the oxygen tank. they say that it was about 70 centimeters long and three centimeters wide. they say spacex may have become too complacent because it has grown in size and the majority of its current employees have only known successful launches. anna: the president of toshiba and to others are set to resign. according to forecaster -- the accounting scandal was caused by executives setting unrealistic accounting targets. at a board meeting earlier today, the vice-chairman told the japanese economy minister that he intends to resign from all public posts. ryan: let's look across the atlantic. embassies in washington dc and havana open after a diplomatic freeze that lasted more than five decades. john kerry for restoration of relations will take some time. >> we have begun a process of full normalization that will take time it also benefit the people in cuba and the united states. anna: the ceremonial raising of flags underscore unresolved issues like the l

science experiments went into space, students from new jersey and delaware watched sunday as spacex's falcon 9 rocket launched and seconds later disintegrated. they were testing to see if fruit flies could reproduce in space and middle schoolers in pennsauken wanted to study the effects of antibiotics on bacteria. >>> a group of ocean city high school students watched a rocket carrying their science experiments exploding over virginia. that rocket was also headed for the international space station. >>> we continue to prepare for the pope. businesses and folks living near independence mall will be impacted by pope francis's visit this fall. should they stay go, rent their complex out, their condo? we learned yesterday the pope will address people at independence mall. security is expected to be much tighter than it is now. some in that area and of course near the art museum where the papal mass will be held and where it will draw a million or 2 million people are a little bit frustrated. they're concerned about the crowds. they say they're used to big events. this one is just a lot bigger. >

millennium falcon is in there. getting a lot of attention.n basketball that i still don't believe. >> watch the guy, he takes two shots and both go through the hoop at the same time. >> okay. you see what happened here. he does the flip. tosses one ball gets the other between his legs. while he bounces on the trampoline. he bounces out. you're excited. you do a backflip. pump the chest a little bit. hey, that is impressive. man, he has time on his hands. >> you sure that's not photo shopped. >> even if he photo shopped it it's impressive. >>> for many so of you your local news is next. >>> for everyone else the latest big screen actor hero, "ant-man." then the chronic, widespread pain drained my energy. my doctor and i agreed moving more helps ease fibromyalgia pain. she also prescribed lyrica. for some patients, lyrica significantly relieves fibromyalgia pain and improves physical function. with less pain, i feel better. lyrica may cause serious allergic reactions or suicidal thoughts or actions. tell your doctor right away if you have these

students from new jersey and delaware watched sunday as spacex's falcon 9 rocket launched and then secondster disintegrated. students were testing to see if fruit flies could reproduce in space. other teens wanted to see the effects of antibiotics on bacteria. >>> last october a group of ocean city high school students watched a rocket carrying their experiment go over and explode in virginia. that rocket was also headed for the international space station. >>> construction is already in full swing for a new office building at the navy yard. nbc 10 was at the groundbreaking ceremony in south philadelphia yesterday. heavy equipment is already at the site. working on the 96,000 square foot building. the event also included a ribbon cutting for the opening of a new five acre park called central green. >> the kids couldn't wait to see con barwin connor on the field. they got to chat with him, get an autograph an a team photo and hear some of the sounds of what barwin called a happy time. >> keep going, keep going, keep going! >> to have all these kids here for my first cam in philadelphia. i >

today the company's founder elon musk says it appears a steel strut snapped inside the falcon 9 rockettastrophic chain reaction. the rocket was unmanned. it was supposed to deliver supplies to the space station. the head of soccer's world governing body had an unpleasant encounter with a protester today in switzerland. sepp blatter was about to outline his plans to reform fifa after the corruption scandal when a man came up to him and threw fake money in the air. blatter was not hurt. the protester, a british comedian, was arrested. there was a wild finish at the british open today. jordan spieth was looking to win his third major championship this year, but he missed a putt that would have put him in a tie for the lead. instead another american, zach johnson, won a three-way playoff. the father of three from iowa lifted the claret jug for the first time. folks who turned out to watch a surfing contest instead witnessed a life-or-death struggle on live television. we'll have you back next. especially when it's miralax. it hydrates, eases and softens to unblock your system naturally so

mission last sunday when spacial x falcon nine rocket broke apart. tunisia's president declaring a national state of terror. >> it is more than a week. at a popular beach resort in tunisia and they killed 38 people. most of them british tourists. >> they said the state of emergency neededed to avoid what he calls a risk of collapse. >> now, we are in a state of war. >> we have to confront it with what is required to fight a war. that is no duty that our armed forces have been put on a state of alert and this is a special war. therefore we must have widespread mobilization. >> a state of emergency expected to last about a month. >> gives the army and police more authority and puts restrictions on the right of public assembly. >> more than a dozen airstrikes are carry the out in eastern syria. >> it will kill several militants. >> in the islamic state group stronghold of raka and a statement out today. >> it carried out 16 airstrikes and destroying transportation routes in syria. >> who is stanley roberts. he found people behaving badly. >> how difficu

. >> i'm caitlin jensen from falcon high school in colorado and it going to be a junior. >> i'm et cetera, from washington. i'm going to be a senior next year and i could a silicon high school. >> i'm a junior in florida. >> i am wrong will gonzÁlez and i am from -- sundeck spent i'm a junior at falcon high school in colorado. >> how about a round of applause for them? [applause] >> okay, caitlin. >> general dempsey, how do you define your success? >> i don't know. [laughter] >> you want me to extrapolate on that? >> yes, please. >> that's a great question. it works at a whole bunch of levels. obviously, the things i'm proud of about myself, pride is kind of counter to humility which i think is the greatest virtue of falcon senior leaders but i'm proud of being a soldier, and not much more than that mean it's not about the stars although that surprises people sometimes the issue is not about the stars. i'm editing a soldier, proud of being a husband and proud of being a father. >> do you think failure plays a part in that success? >> i don't know if -- did you the question? can you say so

stored the fountain nine rockets last month was probably -- said the explosion of data stored on the falconnine rocket last month and all failed part was from the supplier and not made by space x. yunnan must said -- musk said theelon company may have become complacent. demise sincery october and is likely to reshuffle space x's launch schedule. three originally planned for next year has yet to be rescheduled. rishaad: another story, how doctors may be a step closer to finding a cure for a. check into that. -- find a cure for aids. a health check on corporate india. crisis as anancial threat of cyber security. "trending business" is back in a couple of minutes. ♪ rishaad: banks in greece we opened doors on monday. our next guest said at a real challenge for greece could it be in the information technology fallout. government systems left of honorable to hack -- of le toable -- left vulnerab hackers. thank you for joining us. now, theave seen right systems may not have intellectual capability behind them to cope with a cyber attack. guest: high, were shot. thank you for having me. -- hik, ri

space x isaid that trying to put down the events that led to the falcon nine rocket disintegrating'sly after launch from cape canaveral florida last month. we went to spend as much time reviewing the data with nasa and the faa and seeing what feedback everyone has based on their prior experience, to see if we can get to what the root cause was. it marks the third failure of a delivery to the space station. they have adequate supplies to last until october. ups group tohosen manage its ipo in new york later this year. j.p. morgan chase and goldman sachs are also due to play a role. is spinning off ferrari to help an investment program focusing on expanding the jeep, maserati brands globally. coming up in the next half hour, alex rodriguez has led on the all-star team, was he snubbed for his history of steroid use? and we had to the front lines of the conflict between saudi arabia and yemen. a bear market, but rebounds in the market today. can it overcome? is the the reason dragging out of negotiations between the greeks and europe. one person with almost no confidence that a deal is a

in june, the spacex falcon nine blew off -- blew up on launch.t dissident artist has had his passport returned four years after it was confiscated. i posted a picture on instagram showing him with papers seized from 2011 after he had been secretly detained for 81 days. he says he now wants to visit his son in germany, and the royal academy hopes he will be in london in september for a major exhibition of his work. let's get back to our top story. new zealand cut its key rate to 3%. s second cutbank' in six weeks. joining us is been, central economist at j.p. morgan. did you think this cut was enough? ben: the rpms have shown since june that the focus at the moment is dairy products. fallen over 10% since the last rate cuts, we think that was a strong cause for a cut today. in terms of where we go from here, it was relatively clear that we should expect another one to come. beyond that, we have a few unanswered questions, because we that the markets are getting ahead of something here -- that they are responding to a next-door decline that has not

in june, the spacex falcon blew up while last october, an orbital on terry's crashed after launch.ist ai weiwei had his passport returned four years after it was consecrated. -- after it was confiscated. he was secretly detained for 81 days. the artist says he now wants to visit his son in germany and the royal academy hopes he will be in london for a major exhibition of his work. japan has released photos and a map showing what it says are chinese maritime platforms in the disputed east china sea. tokyo says the constructions could be used to siphon gas from the japan side of the line. the claim comes days after the passage of security bills to widen the role of the japanese military, something china says may unsettle regional security. rishaad: our reporter can tell you about that story of rising tensions between the two neighbors. we've seen a bit of a cooling off lately. david: there has been a cooling off. we saw one of these envoys just last week. there's talk that there might be a formal summit between abe and xi jinping. we already had a couple handshakes. that is why this

musk says texas trying and strength up and down the events that led to a falcon nine rocket disintegratinghis point, the only thing that is really clear is that it was some sort of overpressure event in the liquidation tank. and sequence of events, there is still no clear theory that fits with all the data. scarlet: the mishap marked the third failure of a resupply mission to the space station in the past year. donald trump is losing another partner. this time, the pga. it's in the best interest of all not to play this year's pga grand slam at the gulf -- at the trump national course in los angeles. donald trump called it a mutual decision. trump in hot water for comments he made about mexicans. those are your top stories. hour, up in the next half oil declining for a second day in a row. fall?s behind the the saudi arabia military is battling to protect its border to the south. rebels in yemen continue to charge the underequipped fo rces there. donald trump is not passing a lot of billions to his employees retirement funds. a recent filing shows he is fairly stingy. that and much more com

tom: the millennium problem -- the millennium falcon -- brendan: that is not be falcon!ly a star cruiser! tom: shock's role changes we see our twitter question of the day -- we need to hear from you. the moment of truth. is today the moment of truth for the u.s. economy? at 8:30 this morning on bloomberg television and radio that new and important gdp report. stay with us worldwide. "bloomberg surveillance." ♪ tom: morning, everyone. "bloomberg surveillance" from new york city. top headlines with vonnie quinn. vonnie: more fallout from "rolling stone's" erroneous story about the gang rape at the university of virginia. after an investigation, the magazine retracted its story and editor dana -- apologize. shares of whole foods are down as much as 14% in premarket trading. the organic grocer posted disappointing quarterly results. it also cut its sales forecast. mainstream grocery chains have been attracting more organic buyers. whole foods was also hurt by an overcharging scandal in new york. and republicans cannot complain they do not have enough candidates. 17th candida

scarlet: he was the captain of the millennium falcon a long time ago. who is this?hat is your operating number? scarlet: han solo is getting his own film. disney is working with the directors of lego movie to make a star wars spinoff set for release on memorial day weekend in 2018. fans of the franchise will pay close attention to the upcoming casting decisions after harrison ford is reprising his role in the force awakens. dowould be hard for him to all this action scenes. those are your top stories at this hour. mark: stay with us. more on the nyse outage. toy are set to be close reopening to halted exchanges. -- two halted exchanges. ♪ scarlet: let's go back to what's happening at the nyse. matt miller is here with an update. we're hearing that they are working to get trading restarted once again in time for the close. matt: about 2:45, they want to reopen. the question is how long is that going to take? specialists say there are two ways they could do it. they could go through and manually reopen every stock so blurb of 25has a stocks to work with. they can manu

. >> three, two, one, mission sequence start and lift off of the space x falcon nine rocket. >> as theoff from cape canaveral sunday headed for the international space station perhaps few in the bay area were watching more intently than some students and teachers from petaluma high school. they even had a pod cast. >> this is our live watch party for the student base flight experiment program at peta -- petaluma project. >> reporter: and they were looking to see if a certain kind of algae could grow at the space station. >> it's oily and those oils can be harvested and used as a fuel. referee: that's the theory so they sent a chamber like this one to the space rocket to find out. >> once this got to the international space station the astronauts would unclamp this and shake it up. that would feed it. >> but as the rocket exploded into pieces so did the project. what happened is a huge let down for the students. their teaching told them that it's a lesson on science and life. the experiment from petaluma's science student should be on board once again. in petaluma, rob roth, ktvu channe

elon musk says an unusual structural failure is the cause of last month's explosion at an unmanned falconcket. faulty metal support restore the rocket in the cargo castle carry more than $100 million in supplies. basque saying he expects space x servers and cargo missions to the space station as early as september. astronomers embarking on the most intensive search for alien life yet. stephen hawking hope to launch a $100 million search for alien life beyond the solar system leading researchers to the world's most powerful telescope in the united states and australia to skin the milky way and neighboring galaxies for radio emissions that could reveal the existence of life elsewhere. but not this. very end quote. blake shelton and miranda lambert calling it quits after four years of marriage the two singers announced they are getting a divorce. the couple plagued by rumors of relationship turmoil throughout their marriage even before they got married. the pair met 10 years ago while performing together at a taping and were long thought of as country music's highest profile couple, but they

pimm: still just ahead, elon musk spoke for the first time since the explosion of the unmanned falconine rocket. betty: how much of a set back was a to his company? we will discuss that next. ♪ betty: this is the bloomberg market day. pimm: elon musk says it'sx is piecing together the events -- says spacex is piecing together the events that led to the explosion of their last rocket. betty: elon musk spoke in boston about the explosion. spacex. a huge blow to we take these missions incredibly seriously. that can engage in the investigation at spacex is very focused on that. case, the data seemed to be difficult to interpret. whatever happened is not a simple, straightforward thing. betty: for more on what this means for future missions, we are joined i a former nasa astronaut in houston. thank you so much for joining us . blow,e says it's a huge what are the consequences of that for spacex? >> anytime you have a serious mishap it will be a setback. they lost a rocket and a space craft so that means they will be delayed before they can plan the next launch. they've got to figure out th

. >>> last month of rocket falcon nine was seen as a setback for spacex and elon musk. >> musk offered few details on the rocket's failure until today when he began a conference call with the media a short time ago. julia boorstin has been on the call. you spoke with him about this in sun valley. >> that's when he called that explosion a setback. right now elon musk explained the likely source of that june 28th explosion. he explained one of the key struts roughly two-foot long inch thick rod of steel which holds down a helium bottle appears to have failed, causing that explosion. musk says the company will take extra precautions to examine each and every strut to ensure this doesn't happen again. he said they are going to include a new contingency software on the spacecraft that allow it to safe itself with parachutes rather than explode. >> first time we had a failure in seven years. to some degree maybe the company became a little bit complacent. this was certainly an important lesson and something we are going to take with us into the future. >> musk saying that as they work to add

footage of "star wars" was shown at san diego's comic conand spread faster than you can say millennium falconhe force awakens comes out december 18th. disney owns the franchise and is the parent company of abc 7. much more ahead on the saturday morning news. an historic groundbreaking hours, way after years of work. why organizers fought hard to build a korean war memorial and why bay area researchers are on the look out for a hidden planet. how new technology is mmmmmm yoplait! ♪ oh! good news everybody! there is now 25% less sugar in yoplait original. say "adieu" to that sugar. because it still tastes good ahhhh yoplait! >> thanks for joining us. we are starting this half hour with a quick look at the weather. she is tracking the conditions where you live. layla, good morning. >> good morning everyone. if you are just waking up with us looking at the live doppler satellite, we have clouds all over the bay area. we will be left with nothing but sunshine. the clouds continue to melt as we look at the sfo camera. the cloudy start will make way for plenty of sunshine and it will be a mild and w

the obvious guys in the 20th century -- fitzgerald falconer. -- faulkner.ra member being blown away by saul bellow's third book, "the adventures of augie march." i like "henderson the rain king" is welcome, but that one is so freewheeling and energetic it meant a lot to me. charlie: who is your editor? e.l.: kate madea at random house. charlie: what did she do for you? e.l.: she's there to read what i've written and tell me what she thinks. it very important. -- it is very important. charlie: an element of trust is crucial. e.l.: she's incredibly honest. the fact that she liked this book as much as she did is enormously gratifying to me. i was almost happy. charlie: you mean it's hard to make you happy? why is it hard to make you happy? you are at the top rank of american letters. e.l.: that's why. charlie: do you worry you can keep it up? e.l.: i don't know. it's something in the dna. i just generally -- i did discover fairly early that it's important for your anxieties to remain undaunted i what happens. i used to be an editor and i would go to lunch and

last sunday a united states supply mission failed when the falcon rocket broke apart after take off. dock on sunday. >> next a beach near half moon bay re-opens in time for fourth of july weekend but it may not stay that way. >> paris hilton pranked? or so we thought. a new twist to the video that is landing the star at the center of heated backlash. stay tuned. female announcer: when you see this truck it means another neighbor is going to sleep better tonight. but sleep train's ticket to tempur-pedic event ends sunday. find the tempur-pedic that's right for you and see why they're the most highly recommended bed in america. plus, get up to four years interest-free financing. sleep risk-free with sleep train's 100-day money back guarantee. and of course, free same-day delivery. are you next? announcer: but don't wait! sleep train's ticket to tempur-pedic event ends sunday. ♪ your ticket to a better night's sleep ♪ >> good morning, coming up on 6:40 a.m. a look outside with numerous low clouds. once we get rid of the cloud as lot of sunshine on way by 4:00 plenty of sun and in the mi