geoff: you want to avoid buzzwords.ge of buzzwords. we invested in ai second 2011. we led the first investment in e line. i think things not being done are things on the consumer side, the dollar shave club got acquired. the companies eating big portions of incumbent businesses. you have things like pokemon go, that is not a startup, but that is something that really captured a lot of imagination. i think there is still a lot of big on mind areas in consumer -- unmined areas in consumer internet. emily: we just saw the china business of didi waiting to white flight. it is struggling to gain market share in the united states. what happens to lyft? geoff: we were the first folks that once they switched, they had a lot more money and focused on black cars at the time -- that story is true at the time. they have always been bigger and had more money, and lyft was underestimated every step of the way. they have had a great july and they have been consistently underestimated, and we are proud to invest in them. emily: does ly

geoff: no, it's not. china is the market we all point that gdp growth dissent mean anything for stock market performance and we have seen that this year. a number of things are going on in china but we had a tremendous bubble in the chinese market locally until the middle of last year. that is what is disappointing but not including the shares in the index. that brought the market crashing down. all sorts of concerns about policy, about structural reform in china, about priority they are putting on structural reform. that is kept the market low. june, they said we are not going to put them into the now. there are plenty of other markets people want to invest in where i think the situation is a little bit more clear than is going on in china where the reform story remains very uncertain, very unclear. it is not validating the chinese market by putting it into the emerging market index at this point. joe: another piece of data that we got out of last night and i want to go to the bloomberg to show it come a

geoff is in pioneering efforts to legalize weed.bout the challenges to backing radical ideas. >> my philosophy is a little more micro. i believe it is the right founder with the right product. we have different views of this. he is looking for specific versions of that. he five or six years ago predicted that health care would be more about math than biology in the future. so if your son or daughter wanted to be a doctor, they would be better off learning about calculus and computer science, rather than biology and chemistry. it was very radical 6 years ago, but right now is starting play out. so i have become a fan of that view and i made several investments along that thesis. but the reason i made the investments is that the right founder walked in with the right background and has the right product and i said, this makes sense, even though he started with the top-down view. emily: geoff, founders fund's motto is, you wanted flying cars, you got 140 characters. you guys like to take big risks, make big bets too. how would you comp

geoff cutmore reports now from london. >> reporter: there were a couple of firsts in this report from the bank of england today, the first time we've seen interest rates cut in seven years but also the first time we've seen such a dramatic reduction in growth expectations. they are now talking about 0.8% gdp growth for full year 2017, and that's a very radical departure from the previous forecasts of 2.4%. that goes some way to explaining why we had more than just an interest rate cut at this meeting. 70 billion pound sterling of stimulus introduced in the form of a corporate and guild bond-buying program. that will go some way perhaps in calming jitters around what the post-brexit uk economy is going to look like. it was asked several times in the press conference whether they thought helicopter money might be a good idea or whether uk rates may indeed have to go negative and it was said he's no fan of negative rates, but the bank has signalled that rates are likely to go lower again before the end of the year. this is geoff cutmore at the bank of england for "nightly business repor

geoff is in pioneering efforts to legalize weed.bout the challenges to backing radical ideas. emily: let's start by talking about your investing philosophies. become a fan,ly and made several investments. with the right founder walking in with the right product, i said, yes, it makes sense. take bigu like to risks. >> we want things that lead to radical breakthroughs around the world. spacex, that is a product coming -- at the same time, we tend to be act lost it. read interested in film, photography, media. we have scott, who was an early employee at spacex. it is a very diverse team of people. we think the only rule is you can really have no rules. : does brexit change anything for you guys? we talked about what is going on in the u.s., but what about globally? guest: i do not think so. guest: i do not think it changed anything for us as investors. emily: what about, in silicon valley? we have been following the story of theranos, so do stories like that change the appetite for risk, where you see the implosion of a company that h

geoff is in pioneering efforts to legalize weed.y and started about talking about the challenges into backing radical ideas. philosophy is more micro. i believe the right founder, right product, right time. a specific idea and specific founder. the combination of the two leads me. very much a top-down thinker and sees future ways of technology before most people in looking for substantiation's of that. i've in six years ago he predicted health care would be more about math than biology in the future. if your son or daughter wanted to be a doctor they would be better off learning math and computer science rather than biology and chemistry. that was radical six years ago, but is playing out. i became a fan and made several investments on that tsis. the reason i made investments is because the right founder with the right background of the right product ran in. he started with a top-down view. emily: we wanted flying cars we got 140 characters. you take big risks and big bets. how would you compare? >> of philosophies are similar in th

coming up, geoff simon tells us if it's a good idea or a waste of money. >>laura: and an appetite for danger. doctors woman's stomach. that does not surprise the people who know him. first charley belcher. >>charley: good day to you. if you don't remember visiting sunken gardens, you probably remember that sign. i love that old sign. stood there on fourth street for many, many, many, many years. beautiful, sunken gardens. still open, still a great destination, classic place to visit in st. petersburg. we're going to take you inside pretty birds, too. stick around, everybody. ((laura- welcome back to good day tampa bay. the >>laura: welcome back. time is 7:24 and if you're just waking up, there's been a powerful earthquake in central italy. >>russell: the quake had a magnitude of 6.2 and caused a lot of damage. some towns are just left in rubble. rescue workers are digging through it. they found a few survivors. death toll up to 38. dozens more hurt. hit around 3:00. no warning, no >>laura: president obama is pledging more help for the flood victims in loui

a berlin barmixer and his cocktail creations >> geoff tompkinson of britain has worked as a cameramannd photographer for the past four decades. and during that time he's perfected a technique of timelapse photography that he calls hyperzoom.

a berlin barmixer and his cocktail creations >> geoff tompkinson of britain has worked as a cameraman and photographer for the past four decades. and during that time he's perfected a technique of timelapse photography that he calls hyperzoom.

. >> trump is expected to geoff a speech on immigration reform sometime next week. >>> hillary clinton's running mate virginia senator kim cane joins steven cobair on the late show it is his first late night appearance as a presidential candidate. you can see it on the late show with steven cobert 11:35 after eyewitness news at 11. >> thetic ago rifles and departures board may sooping departing. amtrak says they have plans to swat the 35-year-old board with a digitized model. >> nicole brewer spoke to travelers and some are not ready to see it go. >> inside 30th street station a sign of the times. amtrak announces plans to update their decades old flip board to a digital display. >> i hate to see it go. it's been here so many years. >> it's tradition of philly. >> for me it doesn't matter as long as it works. >> they should leave it. >> history of the board is not lost on amtrak. >> amtrak spokesman mike tolbert often referred to as solari board after the italian manager has become obsolete requiring too much time and effort to keep it running. >> the idea is tone hans the customer exper

. >> trump is expected to geoff a speech on immigration reform sometime next week. >>> hillary clinton's running mate virginia senator kim cane joins steven cobair on the late show it is his first late night appearance as a presidential candidate. you can see it on the late show with steven cobert 11:35 after eyewitness news at 11. >> thetic ago rifles and departures board may sooping departing. amtrak says they have plans to swat the 35-year-old board with a digitized model. >> nicole brewer spoke to travelers and some are not ready to see it go. >> inside 30th street station a sign of the times. amtrak announces plans to update their decades old flip board to a digital display. >> i hate to see it go. it's been here so many years. >> it's tradition of philly. >> for me it doesn't matter as long as it works. >> they should leave it. >> history of the board is not lost on amtrak. >> amtrak spokesman mike tolbert often referred to as solari board after the italian manager has become obsolete requiring too much time and effort to keep it running. >> the idea is tone hans the customer exper

this past week a federal judge upheld the sentence for former illinois governor rod blag geoff itch. what did he do? mayor walsh: he sold the senate seat. ed: that barack obama held in illinois back ? ? ? award winning interface. award winning engine. the volvo xc90. the most awarded suv of the century. fios is not cable. we're wired differently, which means we can fix things differently. thanks for calling fios. this is ryan. you can't tell me this cord isn't in. yes, mr. mcenroe... see that cord? just plug it into the connector on the right. so you can clearly see what's in and what's out? oh absolutely. i like that. tech support that lets your technician see the problem over your smartphone. only from fios. ed: back with boston mayor marty walsh. which had higher aspirations, just said this, and i quote, "we have a path to run right up thing." massachusetts politician, who said that? "and win it." mayor walsh: oh, bill. ed: you're 3-3. which outspoken massachusetts politician tweeted this, makes death threats because he's a pathetic coward who can't handle the fact that he's losin

there are new geoff lrevelation the obama administration delivered cash to iran, just as iran was releasing four american hostages back in january. tonight, the administration denies it was ransom, so, let's get right to abc's martha raddatz. and martha, if it wasn't ransom, what was it? >> reporter: well, the white house coincidence, but david, that $400 million payment, first reported by "the wall street journal" was delivered on an unmarked private plane using foreign currency stacked on pal lets, arriving in tehran within 36 hours of the release of those american prisoners. and within hours of the formal implementation of the iran nuclear deal. >> and martha, the u.s. maintaining tonight that it was >> reporter: yes, from before the revolution in 1979. and that $400 million was just the first payment of a $1.7 billion settlement, but whether they were owed it or not, david, the timing of the repayment allows the iranians to say they got something from the americans for the deals they made. >> all right, martha raddatz tracking this live from washington. martha, thank you. >>> next tonig

this week, geoff lewis and keith rabois talk about black swan ideas.out the early in airbnb and both played key roles in square. efforts in pioneering to legalize weed. we talked about the challenges to backing radical ideas. guest: my philosophy is my group .t is about the right founder i am looking for specific ideas and a specific founder and the combination of the two. we have different views on this. it is about top-down thinking. he is looking for a specific examples of that. he six years ago, predicted that health care would be more about math than biology in the future. so if your son or daughter wanted to be a doctor, they would be better off learning about calculus rather than chemistry. right now, that is starting. so i have become a fan of that view and i made several investments along that. the right funder walked in with the right founder -- background and has the right product and i said, this makes sense. guys like to you take big risks. how would you compare philosophies? guest: we want things that will lead to radical breakthroughs fo

geoff: a judge and the jury are deciding the fate of gawker the company and the journalists that wereurnalists that were involved here. i personally, i don't know how people can defend folks who post revenge poor and -- revenge porn. i don't view those people as real journalists. emily: what about freedom of the press? >> all of us would say that is critical and vital. i don't think this poses a risk to that at all. emily: keith has been very public about his support of peter. what do you think? keith: i don't believe in funding other people's lawsuits. it is bad for society. but as far as it is used, people should be able to pursue whatever they want to. if it works, it works for everybody. emily: in this edition of "out of this world," the latest by spacex. they sent a japanese telecom satellite into orbit. spacex also completed a vertical landing in the atlantic ocean. because we mentioned this so many times this year, it is easy to lose perspective. before 2016, they had never launched a rocket more than six times in a calendar year. ♪ host: or you will trades above $48 and there

. - [geoff] it being the original fire station, built in 1940 during the wpa. it had a great history, so we followed on that theme. it was really two small buildings. this was a small building up front where they would pull in a fire engine in the back on the river. we saw a real chance here, the river being the big draw. patio overlooking rocky river, looking down 70 feet. that is the old hose tower. that's original, that was here. i added a few things to it, but when a truck backed in, they would grab the hoses, and pull them way up into the tower there, - we have two outdoor patios. a front patio faces columbia road, and then back patio is what overlooks the rocky river, which is very popular. people will wait one or two hours to sit back there. - moosehead hoof and ladder is open seven days a week for lunch and dinner. it's also a great place to host your next party. just in case someone forgets to bring a gift, all they have to do is walk across the street. our next stop says it all in the name, dolls and minis. dawn, i must tell you, when i walked into yo

money adviser geoff simon in to tell us if that's a good investment or not. how are you doing? >> good. how are you? >>russell: i'm not seeing you okay. these home warranties, how much are they generally and what are you getting? >> typically they're between $300 and $600 and you get some guarantee of repair on appliances and on major systems in your home. but it's important to realize that not only are you paying for the repair, between $350 and $600 a year but every time someone comes out to do a repair, you're paying between $50 and it's the first up front cost plus a fee for every service call. >>russell: and my experience is you don't necessarily get a choice in the person coming to do the service. >> that's the point. if you have a plumber or ac person you like, forget about it. there are contracts between the home warranty company and individual repair people in the community. they send the people with the pcontract. that's where you may have a problem. you may not get work or a person the things covered under the basic contracts, that's the bottom line contract is gener

our money adviser geoff simon from raymond james is in this morning to set the record straight on this one. so what's going on with manufacturing? i know that the job creation may be down, but the output is up. right? >> yeah. if everyone listens only to politicians, you would think that manufacturing just is going down, down, down, down, in fact, going down and they have dropped pretty substantially. but overall, with unemployment, we just had the new jobs numbers come out for july and total job creation was 250,000. manufacturing actually gained 9,000 jobs which was about 1% increase over the past year. so jobs actually in manufacturing aren't going away. they're being created. it's the value of manufacturing that's remarkable. if you look at it, how does it fit in the overall u.s. economy, it's about 12% of the overall economy of the united states as a result of manufacturing output. the value, if you were to add up what everything is produced by manufacturers, it's $2.4 trillion, huge number. that number, this is the surprising thing. that number is up 40% over the last 15 years, s

but first, geoff, when you and i spoke on the phone the other day mapping out the areas of subjects hereyou said, i want to talk about your book and i said, why? >> it's, well -- >> no, you said it's because i'm a grandfather. >> yeah. i'm a grandfather. right. >> i write about grandfathers. >> yeah. and i'm not sure i'm supposed to say this, but this is a fascinating book. it's a treekly, could be a treacly subject, and it's not. it's really smart. i liked reading it a lot. i'm a grand father, of course. it's a unique role. what it does do is make you think about your own grandparents. mine, this is a diversion from the roosevelts, but my great-grandfather was the bernie madoff of the 1880s. he was a big-time swindler. >> really? >> he brought on a crash on wall street. and he kidnapped his son, who was my grandson, and he did not know his father. >> are you serious? >> no, i'm making this up. no, i'm dead serious. my grandfather was the best grandfather -- i'm sure everyone thinks their grandfather was the best. mine was the best. when we were there, he was riveted with attention. i re

and also geoffrey will have his book on the roosevelts so geoff will be here.o begin, we're so glad to welcome geoffrey ward back to new york historical. he's the author of 18 books including first class temperament. a long time collaborated with ken burns he won seven emmys and written 32 historical documentaries for pbs, and he's 33 years old. either on his own or in collaboration with others including the roosevelts an intimate history which is why he's here today. and we are always so thrilled to welcome leslie. leslie has been with us so many times. she lives close by so we just call her up and say come on over. ms. stahl has been a correspondent for cbs' "60 minutes" for over 20 seasons and he's 21. prior to joining "60 minutes," she was the cbs news white house correspondent during the carter, reagan and george h.w. bush presidencies. during much of that time she also served as moderator on "face the nation." cbs news' sunday public affairs broadcast where she interviewed margaret thatcher and yasser arafat as well as virtually every other top u.s. offic

spoke withn cornyn geoff keogh at the embassy in baghdad. >> thanks for all your help and your serviceour country. announcer: members of the house and senate have about a week and a half left in their summer breaks and will be back to hear new business on tuesday, september 6. next, a conversation with former and aent jimmy carter ugandan war refugee who is now the ceo of the national civil and human rights center. of a series of national archives conversations on rights and justice. >> good afternoon, everyone. welcome to a lovely day. want to specifically thank jimmy carter for giving us this wonderful opportunity. mr. carter: i am not as well dressed as you. [laughter] the center ceo for of human rights. i am very glad to be here. there are a couple of things we are going to do. first, turn off your cell phones if you have one. when we are done with the sit for af you could little bit to wait for me and the president to walk out, that would be appreciated as well. we are so delighted to talk to you today. but there are so me things going on as you can imagine. the national conversat

today i'm going to geoff a very short overview to help contextualize the bullying of muslim students and give a brief background on the american muslim population. so, just to start, the studies have -- are widely varied in terms of the number of american numbers hims in the country. we have seen studies that show that american muslims 3 million in america. we have seen that show as high as 6 million, which leaves us between one percent and two percent of the american population in one study we have seen that the american muslim population is expected to double by the year 2050, and what that it means is that in some cities, you'll have a much higher concentration of american muslims, while in other parts of the country you'll have very few muslims in your classroom, and also, as -- here i put a short bar graph to show the diversity of the muslim community. this highlights the muslim -- it's hard to read -- the second one there -- but shows there's no majority demographic when it comes to the american muslim population. 38% identify as white, 28% identify as black, 28% identify as an

but first, geoff, when you and i spoke on the phone the other day mapping out the areas of subjects here, you said i want to talk about your book, and i said why? you said it's because i'm a grandfather. that's what you said. >> right. >> i write about grandfathers. >> yeah. i'm not sure i'm supposed to say this. this is a fascinating book. it is not a treakly book. i liked reading it a lot. i'm a grandfather. it's a unique role. it does make you think about your own grandparents. this is a diversion from the roosevelts, but my great grandfather was the bernie madoff of the 1880s. he was big-time swindler. he brought on a crash on wall street. he kidnapped his son, who was my gra grandson, and he did not know his father. >> are you serious? >> no, i'm making this up. i'm dead serious. my grandfather was the best grandfather -- i'm sure everyone thinks theirs was the best. mine was the best. when we were there, he was riveted with attention. i remember i was interested in knights one year when i was very small. when i arrived he had made a complete wooden helmet, shield and sword all pain

but first, geoff, when you and i spoke on the phone the other day mapping out the areas of subjects here, you said i want to talk about your book, and i said why? you said it's because i'm a grandfather. that's what you said. >> right. >> i write about grandfathers. >> yeah. i'm not sure i'm supposed to say this. this is a fascinating book. it is not a treacly book. i liked reading it a lot. i'm a grandfather. it's a unique role.

>> august 23 end of the peak summer travel season kids heading to school airlines switching from geoffsunds enticing to one listening this isn't just cheap carriers like spirit or southwest i think we are spleening right now, all majorcars. >> across the board, today is also tuesday for many years was the best day to find cheapest flights tuesday not only day anymore, expedia he respectful indicates weekends are best time to shop, the bottom line tuesdays weekends great times to book flights i say if you are going to book on weekends saturday better over sunday, in general. >> kwauf best time am i booking too far out how many days out for flights in the u.s. and international flights. >> if you are looking for fly domestically 57 days best about 10%. >> two months in in advance. >> much larger if you are traveling internationally frequency north america, pacific -- 160, europe 176 days out if you are looking for spring break 2017 travel should you start booking flights end of september this year. >> so sell me on this going to book last minute get away where are we going. >> there are s