landfills with materials as diverse as we grass coconut hair shredded jeans and millions of dollars of green banks a lot of people don't know as money isn't actually paper it's a blend of cotton and linen trying to grind it down into a smaller finer grunt research engineer giuseppe look hillary has showed me how would stun bullets crime some wanting to use a crime there's a shuttle that goes inside and using magnets it turns the magnets on and off and it will move the shuttle back and forth between the 2 metal and smash the money using liquid nitrogen around liquid nitrogen the liquid nitrogen will just cool the money down to a brittle so it's easy to smash and turn on the machine. that is on yeah that. powder morning then it's melted in with plastic and formed into pellets you melt them down and then you formed them into things like this right and this is a coin trick that is a coin to your money money back into your vehicle what is this tomato favors these are actual skin sleeves and stems from the tomato plants from hines's ketchup production process millions of pounds of tomatoes every year an

intelligence evidence throughout data collected by the era cboe observatory in puerto rico and the green bank telescope in west virginia it did this not by using a massive government or privately funded supercomputer but by utilizing in bast volunteer based user donated network of personal home computers laptops and even android mobile devices to create this kind of virtual supercomputer out of the many but they're not my friends because the closing of seti at home isn't because the search for extraterrestrial life is ending. it's ending because that phase of the work that seti at home was doing was needed was needed for is now finished and the project's authors are moving on to back and analysis and potentially presenting their findings in scientific journals so we'll have to see what happens next always fun searching for a williams right now in life and the quest will never in my head as i was over today remember everyone in this world we are not told the will tell you all i love you i am tired and i'm going to keep on watching all those hawks out there and have a great day and. this is a s

phil green of frost bank, thanks a lot.on aiding small mom-and-pop businesses, jp morgan took care of its commercial banking customers, but smaller customers were apparently entirely shut out. ofe than 300,000 customers jp morgan's unit that serves smaller firms applied for the loans. about 18,000 were actually funded, just a 6% success rate. meanwhile, about 5500 of jp morgan's bigger customers applied and got nearly all of those loans. the banks as it tries to get the loans to as many businesses as possible. coming up on the program, china's reawakening economy. we will discuss what onshore demand for the dollars is actually signaling. this is bloomberg. ♪ alix: time now for trader's take. joining me is damian sassower of bloomberg intelligence. you are watching china's economy. damian: falling demand for oil in china and collapse in in and traveld -- and outbound -- in china. after plunging on the un-person into dropping u.s. rates during march, they started to back up as funding conditions normalized. by normal, i mean

banks. you are out there in san antonio. forgive me for even bringing up the dallas mavs. i shouldn't have said that. take good care. >> thanks so much. bye-bye. liz: any time. phillip green, chairman and ceo of frost bank. imagine, they did 10,000 loans processed and right now, bank of america's got 1,000 processed. at least according to the data we saw. >>> amc trolling comcast at this hour. the nation's largest theater chain saying it will no longer show any films made by comcast universal pictures. remember we told you about this controversy. this after universal, the movie studio, said it will continue to release new films straight to streaming due to its success with "trolls world tour's" digital rollout. it was supposed to be rolled out in a premiere. instead of putting off the premiere they put it on straight to digital. the move shatters the usual exclusive three-month window for new movie releases held by theater chains. amc jumping again today, up 24%. comcast is up by 2.33%. >>> closing bell ringing in exactly 20 minutes. charlie breaks it next. he's got two stories. he begged me let me do both. i said okay. they are good ones. stay tuned. i came across sofi a

that he's are now there's no question that many are viewing this as a green light if you will to essentially addicks the west bank by israel the green light by the u.s. administration but prior to these elections that took place in israel the white house had been giving conflicting messages that one point the u.s. ambassador to israel saying that it would be ok to move ahead with attic sation only to be sort of. for there to be a pas if you will in those statements or a suggestion of that by jared cushion or the president's senior adviser and his son in law saying in fact this would have to be a joint american israeli decision but now it appears we have some clarity coming from the u.s. secretary of state saying that in fact this is an israeli decision and it doesn't appear that he is suggesting that there should be any pause of any sort any more or less find kimberly how come more to discuss on this though we head over terry foreseeing west jerusalem of we have any reaction of these ready government of course we should say the new israeli government. yes not yet and i think that is key that there is this new isr

forced to close because of the coronavirus will still be able to pay their employees, the major bank given the green light to pay small loans again. >>> and officials are fed up, the area's biggest attraction now closed off completely to the public. teammates help each other find a way to win, just like covered california helps you find health insurance you can afford. they're the only place you can get financial assistance to help pay for health coverage. plus, this year, the state is providing more help than ever before. and because a new law requires californians to have health coverage or pay a penalty, covered california has made it easier to get financial help, but time's limited. visit coveredca.com or call to enroll today. >>> well, there is some good news for struggling small businesses and their employees. the federal reserve is easing restrictions put on wells fargo. >> kpix 5 explains the move will help tens of thousands of businesses. >> reporter: this is a major break for many small businesses including this restaurant in san jose, which was forced to close because of the coronavirus,

the preliminary we will wait for the numbers to settle a bit. 22 out of the 24 green, on the downside, you have banks, jp theyn, wells fargo after began reporting earnings. energy stocks down half of 1%. thatne: you look at where optimism is. we used to joke a lot about a month ago about the rally we saw in virgin galactic. today those shares up 23%. names that maybe did not have a lot going on around them but maybe they hope and a prayer. -- carvana,at was up 80% or so in the past week and a half. there was some industry data overnight that seemed to suggest that, at least for carvana, that might not be the case. are notes trends that as bad as feared. chief equity advancement officer. eddie, what is your general outlook here once you get beyond equities at start to connect it with some of the other asset classes. >> a large floating rate bank loan business, so we are in close contact with our counterparts in both the bank loan and high-yield areas. the interesting to look at treasury market and see if very depressed area of interest rate. the bond market telling you there could be things to concern

that's really the issue if the wall had been built along the green line which is the internationally recognized border between the west bank and israel israel has the right to build a. green line within its own territory there will be about $50000.00 palestinians on the israeli side of the wall when it's complete and this undermines the security argument. that the revulsion expressed by many around the world is sheer hypocrisy. we don't know if your in even your of the create they have acted wars they don't tell you but go. to my luggage about the. military last winter in morocco what they'll do in these bloody will be in the bidding wars they criticise me. and yet it is not just the international community that has condemned the war even within israel there are many who believe that it isn't serving any useful purpose it was minister of difference ya'll diane is deputy mayor of tel aviv but probably better known for being the daughter of moshe dyan the hero of the 1967 war in which israel alec's the west bank this current war she argues is not the answer. 1st it's not effective. because instead of being an obstacle to tel

received this trio of major central bank decisions this week , including the fed, ecb, and boj potentially coming up with more support measures. the s&p 500 in the greene moment, financials leading the gains. surprisingly good earnings report from deutsche bank. and we continue to hear talk about the potential easing of lockdowns. butprices under pressure paring back some of those earlier declines. above that $13 level. this even as we see u.s. drilling falling, saudi arabia cutting production even before we have those opec-plus cuts being implemented. fund saying it will sell out of its june wti positions. in a way, that is adding two more turmoil in the market. we will discuss the commodity space. we have rick berman, the canadian pork council chair. a wave of shutdowns in some of north america's largest plants adjust.hog producers to for more on the markets, let's go to katie nixon, northern trust wealth management cio. great to have you with us. let's talk about what is happening in the markets. upside across the board but this is coming off the back of a data last week. we have support coming from a trio of central banks this week. katie: thank y

secretary of state, essentially green lighting this annexation in the west bank by israel. >> on the pandemic, the u.s. president is set to sign an executive order temporarily limiting immigration to the u.s. later today. >> absolutely. we tried to get some clarity on that by kellyanne conway. i was speaking to her earlier. she says lawyers are fine-tuning this. signeds to have it today. there is some confusion about this. it is not immigration across the board, it only applies to green card holders. which begs the question, if this is about preserving american jobs for the tens of millions that have lost their jobs, why are they still allowing skilled workers to come in? , saying the president is actually looking at a secondary order that may address that in the future. in fact, this would tighten immigration even more. for now, he is comfortable with just this for the next 60 days. this is something they say will be reevaluated based on economic metric. this is the clarity we are getting from the white house. again, not sitting well with so many in the u.s. who still feel when ther

green bay wisconsin. he went to his local bank, instead of one of the big ones. >> the other national banks that we work with aren't even ready to process our applications at this point. >> we want to say on this issue of stimulus checks. because families need them and now. we all took note of this image, the long lines of people. they're not waiting for tests. they're waiting for food banks. this one in pittsburgh. you have been reporting that if you have direct deposit for taxes you can get the check within weeks but if you don't, have direct deposit it could actually be months? >> reporter: that's right, david. it is less clear if you get your tax refund by check you could be waiting up to five months. secretary mnuchin was pressed on this days ago at a press conference, and we'll continue to ask and push ahead. david? >> rebecca, thanks to you again this evening. ca relieved of duty after he sounded the alarm of his own sailor after so many of them tested positive. today, cheered by his crew as he was forced to leave the ship. here's martha raddatz. >> reporter: if there was any doubt about how the sailo

green bay, wisconsin. he went to his local bank instead of one of the big ones. >> the other national chains that we work with aren't even ready to process applications at this point. >> reporter: as for the stimulus check it's clear those that get refunds by direct deposit will start the see the money coming into their accounts in about two weeks. what's less clear is don't. they could be waiting months. >>> next the navy captain relieved of duty after he sounded the alarm for his own after so many of them tested positive. today, cheered by his crew as he was forced to leave the ship. here's martha raddatz. >> reporter: if there was any doubt about how the sailors felt about their captain, it is very clear tonight. one last look and a wave good-bye. brett crozier walked down the ramp from the carrier for the last time, relieved of duty. a mass of sailors cheering him with chants of captain crozier. the letter that got crozier fired was a plea to navy leadership to get the majority of his nearly 5,000 sailors off the ship as soon as possible, given the rapid spread of coronavirus on board. the secretary of th

green across the board. the big winner was japan, the bank of japan extended the stimulus program. pledged to buy an unlimited amount of bonds to keep borrowing costs down. nikkei average up almost 3% overnight. quick programming note. join us tomorrow, one of america's top philanthropists michael milken is using the power of the institute to bring together leaders in industry, government and medical research to aid in the war against the pandemic and find a vaccine. he'll join me live tomorrow morning with a special interview at 8:00 a.m. eastern. do join us for michael milken tomorrow. shocking new video of a packed house party defying covid-19 restrictions. cheryl casone with the details. cheryl: and the video, maria. good morning again. reckless and utterly unacceptable, that is what chicago's mayor is calling this new video. it showed more than 100 people shoulder to shoulder, dancing and drinking. one appear goer said there were about 1,000 people between the yard at the house at the party. police are investigating the video. police say the homeowners could be punished. illin

bank of japan goes unlimited. asia stocks this morning just a little bit higher. s&p futures also in the green. u will have to see a movement in the credit and bond markets for deutsche bank to be convinced of buying stocks. a much sluggish economy. euro stocks, avoiding junk in italy, and a marginal opening up of the economy. in the u.s., you are seeing deflation risk heating up dollar-yen, singularly unimpressed with open ended bond buying in the market for the yen. let's turn our attention a little bit per. bankapanese central joining counterparts and ramping up stimulus. the bank of japan has removed limits of purchases of government bonds. it has raised the ceiling on corporate holdings to ¥20 trillion, thereby increasing the scope of commercial bonds, paper, with extra measures in support of struggling companies. long-termas left interest rates unchanged. bader fromis clouse societe generale. you make the point that markets around the world have validated the aggressive adoption of these measures, but you warn about execution risk and delivery of the measures. is that why the markets are a

we're speaking with two small business owners who were given the green light to reopen, but will they? >>> one top bank with a new warning about a troubling signal that the s&p 500 might be sending you. it is monday, april 27, 2020 "worldwide exchange" on cnbc rolls on right now >>> welcome back in. good morning i'm brian sullivan thank you for starting your week with us here on cnbc. >>> we begin this morning with some breaking news the stock looks to extend their winning streak to four sessions in a row right now dow futures indicate that we might just do that they're higher, indicating an open with a jump of 200 points on the dow all of this as investors brace for the busiest week of corporate results and, more importantly, guidance on one comes now and what comes next. in all this week, 142 companies will open up their books and hopefully give us a little bit of guidance as to what they see down the road. oil, of course, remains a massive story for your money as each day creeps by, and as we get closer to maxing out global storage, prices continue to be under pressure right now oil is down again ab

may be suffering in the mortgage banking there could be a spike we know that q1 has been good in capital market strategy. in mid-february or march, there has been green chutes coming back so, yes, diversification in different businesses will be key factors. >> are european banks going to be staffed on performing across the board but not allowed to foreclose across the board i'm very worried about those with those comments being pointed out. a large amount of the companies they'll provide credit to will not be profitable. >> exactly to some extend, the eurozone banks in the last 12 years have not done well. for them once again to be cutting costs. this is the silver liner so we see more emerging so the economy become even more challenging for those banks. for the american banks, they still have some room to cut expenses and on the other side of the coin, they need to remember that some banks like jp morgan are very optimized. so there is still room, yes, there is not room to cut costs >> thank you for that. of course, goff working from home and steve outside the hospital u.s. futures before we go, you can see marching into the green. that's all for to

bank, ecb and federal reserve. putting it all together in the first session of trade for europe >> let's look at the regions green across the board here. fairly evenly split across uk french and german market the ftse mib is up about 1.6%. i mentioned errinarnings as we to get as handle on what the rest of the year may look like bp shares down about 2%. a lot of interesting commentary coming out of bernard who spoke to "squawk box" earlier this morning. targeting $35 a barrel for the year hsbc down about 60 basis points. more of a down beat set of results from ubs which is trading firmly up about 5% calling the credit quality of the ubs portfolio very, very high and strong. novartis up well holding about 50 basis points. cap gemini also high and san stand dar also up. this has been a key folkal point. ubs credited the jump to increase trading activity and more amid the loans amid the coronavirus outbreak ubsceo said the bank was better positioned in its exposure than its peers. >> we have always been focused on risk returns. the past years have been a little more painful than in lending growth that was very fast and cre

really sufing the kw banks index down b about 3% morgan stanley was the only of the major six banks in the green just slightly. energy continues to suffer as oil prices stay at or near that $20 level. wti's just blelow the $20 level the dollar has been strong today. up about 0.6%, wh wr as bond yields have been b slipping about 0.6% on the ten year which of course has been a factor behind the decline in bank stocks as we're at the close as the bell rings we're up 0.6% on the s&p 500 dow's up 50 points just off the session high and nasdaq completing a are trifecta of gains, up 1.7%. >> a nice little recovery from earlier in the session welcome back, everyone >> take a look at how we finished the day up for the day and now the week. it wasn't just the nasdaq, dow closing up 29 points united health care was the bigger winner. boeing was the biggest drag. s&p 500 had a nice little run up there into the close as you can see. to session highs and finishing up by about .6 health care was the sector that ended up on top. consumer discretionary and staples did well energy, financial and industrials, the

green arrow for the mo x. this comes despite some oil volatility that we saw the markets fell friday as russia central bank cut interest rates to the lowest levels since 2012 and warning the country's economy could shrink by 6 percent at the end of this year will asian markets all in the red for the week stocks fell on friday as host for the coronavirus treatment took a hit well the shanghai composite saw big losses early earlier this week due to oil volatility and it finished off the week sliding as economic uncertainty regarding the pandemic continues in hong kong the hong saying also down for the week on a similar trend it didn't see any rebound on stabilizing oil prices after a big decline on tuesday investors are continuing to look at stimulus and on measures to prop up the economy while japan's nikkei also held down looking at similar conditions here we did see a 1.5 percent gain on thursday after oil markets stabilized but still losing at just under one percent on friday in india the sensex had mostly rebounded from some midweek losses but they closed down the week roughly down by one percent after some

crisis, also improving the green economy, there is a lot more they can do with the investment banks usingn ecb as indirect financing some cases. there is much more they can do. and probably in terms of this something that is efficient in terms of coordination with the public and private sector, this can be improved in the future and build up on the idea of the juncker plan. francine: thank you so much for joining us, frederik ducrozet, global strategist, picted wealth management. world bankthe imf meeting, they were set to start today in washington. it has become a virtual meeting. imfr on we speak with the managing director, that is coming up later this afternoon. this is bloomberg. ♪ francine: good morning, and thank you for spending your morning with us. this is "bloomberg surveillance ." a couple of updates on the markets, this is what we know so far about the virus. a number of countries, we heard yesterday from germany, parts could be reopened on may 1. it is fascinating to see how different countries have dealt with it differently. global cases are talking 2 million. that is a grim

green in the city of london. garrett anderson the film a utilities analyst with some of europe's biggest banks in this place was populated by gamblers who took big risks who were thinking short and who didn't really care about the consequences their actions. this is one of the many places i see come back in the day we have 34 hour lunches and maybe there's a bunch of strip joints of about 500 yards that way cocaine dealer was just over there. it was all very good back in the good old days. but how would you describe your former so the heroin and is that what here in this environment. was pretty cocky pretty arrogant i was gambling been a risk taker over confident so i was basically a pretty perfect personality for a stock broker and in fact my attitude. as i was then helps explain why the financial crisis happened. the people invented the financial products that exploded sent the global economy into a tailspin knew they would creating a financial planner that was doomed to fail because interest rates don't stay low for a puppy process don't go up forever but they didn't because in the 10 years well they fry these product

have been redeemed, but many of them still showing the green bar as live, the parents reporting that they haven't received these. this school food bankrt haven't had vouchers he ordered for them almost a month ago. i have sent numerous e—mails. i've sent direct messages through twitter. i've called the helpline, and i have not received a satisfactory answer, there are standard answers, kind of auto reply e—mails that come back and say "there is a delay in the system." "you can allow up to four days," it now says. well, this has been four weeks. the department for education told us they couldn't say how many vouchers had been used by parents, and except there had been problems. and accept there had been problems. schools will be reimbursed, they said, when they develop their own assistant schemes, placing a further burden on a system that's already under stress. michael buchanan, bbc news, worchester. bollywood actor rishi kapoor has died in mumbai. he was 67 and had been diagnosed with cancer. he was one of indian cinema's most—popular actors and worked in around 150 movies. the indian prime minister narendra modi called him "a power

have been redeemed, but many of them still showing the green bar as live, the parents reporting that they haven't received these. this school food bankaven't had vouchers he ordered for them almost a month ago. i have sent numerous e—mails. i've sent direct messages through twitter. i've called the helpline, and i have not received a satisfactory answer, there are standard answers, kind of auto reply e—mails that come back and say "there is a delay in the system. " "you can allow up to four days," it now says. well, this has been four weeks. the department for education told us they couldn't say how many vouchers had been used by parents, and accept there had been problems. schools will be reimbursed, they said, when they develop their own assistant schemes, placing a further burden on a system that's already under stress. michael buchanan, bbc news, worcestershire. the bollywood actor rishi kapoor has died at the age of 67 after being diagnosed with cancer two years ago. he was one of indian cinema's most popular actors, and worked in around 150 movies. 0ur india correspondent yogita limaye reports from mumbai. rishi kapoor in the m

allah is head of sustainable energy funds for the bank says there are major business opportunities in the sector then your business we will see those new green to be happy to feel good about that you do good for the environment make money out of the. 2 thirds of the philippines energy consumption is actually coming from fossil fuel so in our own little way back here in the country what we hope to do is to. help shift that energy mix. or energy. this is one of the projects a bank has financed to the tune of 1000000 euros just a year ago it was a stinking open rubbish dump the biggest landfill site in manila now the garbage has been covered with earth and is used to generate electricity. or not. as an engineer and renewable energy consultant. this will. connect to down to the ground and it's collecting methane gas and other gases that's being produced by decomposing garbage inside. the gas goes to a power plant where drives turbines navarro checks regularly how much electricity the cost generates he says the garbage should yield gas for 30 more years. that landfill project may be good for the environment but it's not so welcome for people livi

brian greene, the president of the houston food bank, the largest feeding america food bank in the countryre doing, what your staff is doing. it is nothing short of heroic. so thank you for that. >> thank you so much and really thank you to everybody in america for rallying to help their neighbors. >> now, brian, this is pretty staggering. at your food bank right now every day you are going through around 750,000 pounds of food. so first of all just give me some perspective. have you ever seen anything like this, and tell us what you need. >> well, hurricane harvey was pretty rough on houston and the whole country rallied to help out our community. and so we were distributing about that same amount. the difference that i see here is the lines are actually much longer. it is very common for the sites to run out before we've served everyone. and unfortunately this -- the whole country is in the same boat so we can't concentrate all our resources in one impacted community. so all of the feeding america food banks are scrambling to get enough resources to meet the need. we're buying everything

you know, maybe some of the green on the screen has something to do with good news out of china. bank of america seeing nike's china playbook as back on track. 95% of the dow component stores have reopened there with buyers once again snapping up the air jordans. we should also look at tesla. tesla is getting a little bit of a boost here. tesla's stock at the moment moving higher by about, we have it up 3.5% on improving china auto sales. an organization called china passenger car association apparently sees that april sales there will be much stronger than march's tally but remember, the bar is extremely low here. march was a disaster in china. wuhan still had not opened. >>> let's take a look at microsoft. microsoft teams is scoring a mega-win thanks to the march work from home surge. teams video calls skyrocketed 1,000% last month alone. overall minutes spent in meetings by all teams users rose 900 million minutes on march 19th to 2.7 billion on march 31st but its competitor zoom is grabbing the trophy right now. microsoft is down just about a fraction but zoom ticker symbol tzm is

green at once war. there is a strength in his brokenness. it has withstood whether, time and family. it is banking now, resting, watching, waiting as each new day cascades. this feels like home and if you like family, there are women's stories here, stories of resilience, love and strength. this community knows them well but the echo has not reached far enough into the outside world. instead, these have ricochet within the mountains, growing more faint with time. i want to tell these stories because they matter because i am afraid they will be forgotten and because they have the power to make this community visible. as i stop my vehicle and walked towards the house, the memories washed over me like the sunlight on them on hill. and so this introduction says a lot about why we road and how it's in conversation with other depictions of appalachia as we see it being popular in recent years and presently. around 2016 there was a lot of things being written about appalachia and a lot of people depicting the problem. and these were problems i was aware of and i saw and familiar with. but what i was not

green carpet, the warehouse being stored in an old safe. not because we were scared of them being stolen, it was an old bank and we had to use every single square foot we had. we didn't even have furniture. people were bringing in its chairs. i remember one time, my life came in after dinner and she was coming to get me and she looked and said are those our that chairs? we were doing everything we had to. pack d.v.d.'s by hand was the least of it. >> who funded netflix to begin with? >> reed hastings turned out to have been an unbelievable partner. perhaps the most important thing is he was the first person who believed in this idea. he was the first person who did not say that will never work. he wrote a check for $1.9 million. he wrote me a check. he handed it to me and i remember going oh my gosh this is the biggest check i have ever held in my hands. i took it down to our local wells fargo branch and i remember standing in line with this check wondering what's going to happen? is the person behind the counter when to have a buzzer and the anager of the bank will come out and bring me back and serve me champagne? it was an anticlimax because

secretary of state says annexation of the occupied west bank is a decision for israel to make sensually sounds like green light in settlements widely condemned of course as illegal under international law might compare with speaking in washington d.c. let's go straight now to harry for soup he's joining us from west jerusalem harry i imagine music to his radio is. well some israelis most certainly will music. certainly to benjamin netanyahu and his followers it will be i think we have to be a little bit cautious as to exactly what it means whether it's for green light carte blanche do what you like because there is still a process going on a mapping process. with israeli and the united states officials trying to delineate exactly which parts of the the occupied west bank under the cushion of peace plan are able to be annexed by israel but it is clear that that this is a very strong signal of support from the u.s. administration from the u.s. state department and might pompei o it's worth remembering exactly what happened earlier this year when the trump peace plan was announced initially the u.s. ambassa