and let's go to our financial correspondent in new york jose luis de haro who is a a major pharmaceutical spinoff you know what exactly does this do for pfizer. cases stephen does deal is part of the company's goal to separate the new or dogs still protected by a patent in most cases a mature product which eventually lost those are rights biog by doing these ways you know can you slowly own and magazines have from pfizer shooting been pretty bold the revenues and pfizer currently full rearranging the mode after buying lots of. cancer treatments for over $10000000000.00 also to company combining consumer health business with glaxo smith kline we could eventually be a spoon to deal with pretty consistent with the strategy it is also attracted. by user it's a by law was a mile and shares were down more than 75 percent from their 2015 before deal peroration was announced. now say we saw briefly there was such a price pressure on us pharmaceutical companies right now and that includes milan which is been criticized as well what does this merger do for the. i actually stephen mylan has been dub

banking and technology development so a challenging market there for everyone who is in the east a haro joining us from new york and the banks problems may have started in earnest when they tried to swim with the big u.s. investment banks but there were plenty of other missteps along the way take a look. which a bank listed in new york in 2001 after decades acquiring european and american banks it was now the world's 4th largest asset manager. you'll sifaka months did it during the 2004 to 2008 u.s. housing credit bubble a senate investigation said later that deutsche bank had helped fuel the global financial crisis by continuing to sell subprime mortgage packages even as markets collapsed in 2008 the bank lost 3900000000 euros its 1st loss in 50 years aka mom got it through the financial crisis without needing a government bailout but his reign was marred by several scandals before he finally resigned in 2012. he was replaced by joint c.e.o.'s your good fortune and i'm sure jane 3 years later jain was forced out after u.s. and u.k. regulators found the bank had been rigging the key lib

like dancing on a volcano some of the wedding guests would be executed a year later labor toss and haro to. ante nazi resistance had begun earlier hello schultz of boys and work in the air ministries intelligence section he knew about hitler's secret plans for war against the soviet union in 1941 before hitler came to power shoots of boys and was a staunch opponent of the nazis in 1933 he was severely mistreated by the s.s. and they beat a jewish friend of his to death in front of his eyes. afi tanakh and his american wife mildred were friends of fruits of boys. are not worked as a senior civil servant in the ministry of economy and to make contact with the american and soviet embassies and passed on news about hitler's war preparations. the soviet embassy gave hanukah radio transmitter and said his friend huns copy was to use it to send messages to moscow. copy came from the communist youth movement he was just 17 when the nazis put him behind bars for almost 2 years in 1901 he married his fiance hilda. as the nazis volunteers anti nazis they were not just willing to discuss resistance

and for more on this let's check in now with our financial correspondent in new york jose luis to haro was a nice as always to see you so what's the market reaction to these results everyone's been waiting on them. when this petition is our low easy to be demonstrate been done so why upload shirred so went up up up to 4 percent off to release and it's. awful keeps suffering from a muted i phone sales actually between april and june of this year i phone sales have fell nearly 12 percent compared with last year there are several factors said to take into account here one of them is prize in the event of the company has made efforts to introduce a relatively cheaper models i phones are still consider expensive this means said that consumers are normally will not change into new models as often as they used to also. kills in a smartphone modem business attention it's already having more into 2020 new models and nor did the one said that will come next fall worth a note into sales in china fell over 4 percent in the most recent quarter you know there's been criticism that apple is too depen

chinese currency is too low and euro not doing so well clifford coonan in the studio with me and luis de haro in new york thank you both very much for your insights. the u.s. department of justice has approved the $26000000000.00 merger of sprint and t. mobile america is the 3rd and 4th largest wireless provider but the deal still faces an uphill battle amid fears of job cuts and higher prices for consumers. if the merger between t. mobile usa with rival sprint does go ahead it would establish a powerful new telecoms joined in the united states parent company deutsche telekom has got the market shares of competitors for a rise and a t.n.t. firmly in its sights the new company would have $127000000.00 customers with an evil sales of $76000000000.00. an a-list say the merger could generate cost savings of some $6000000000.00 per year to prevent the new giant entity from dominating the market for justice department is forcing t. mobile and sprint to divest some divisions to cable t.v. provider dish and to allow dish to establish itself as a mobile phone operator by allowing it access to their ne

luis de haro there on wall street for us thank you very much for your insights. in german corporate news deutsche bank announced a loss of $3100000000.00 euros for the 2nd quarter it's been attributed to the costs of the major restructuring plan announced earlier this month germany's biggest lender is drastically cutting back its investment banking operations but the loss of 18000 jobs. in savings says deutsche a has already taken significant steps as part of implementing the strategy to shares were down 5 and a half percent on the news. now the keys to 10 downing street have officially been handed to boris johnson he marked the 1st day of his prime ministership with an overhaul of his cabinet among the key appointment sajid javid this man he was a banker before he was a politician and now he's. tapped to lead the treasury as chancellor of the exchequer will be his responsibility to guide the british economy through the biggest challenge it's facing breaks it and possibly one without a deal with the e.u. the u.k.'s biggest trading partner that's something many bu

over an hour to wall street where our markets correspondent who's selling we still haro is standing by hi ho solo east so picking up on those boeing results what sort of future are investors expecting especially given these developments for the 737 max. some are more optimistic than all those you know but the reason i concerned out of the $737.00 mag said that's not to start flying again by the end of this year then boeing will be its production as intuition which not only will have a significant consequence for the company but also for airlines like southwest or american among all those which already canceled thousands and thousands of flights and let's not forget all the orders either as specially the most reason ones coming from a g. over $200.00 airplanes also will impact those companies which make parts for the $737.00 max some investors are aside from the troubles related to do small doe the rest of the commercial business depends in services or quarter meanwhile depth lived about so deep caution indicating that boeing has ample dry powder right now to withstand these issues at l

his best friend haro schultz a voice and turned up in uniform. a large circle of happy fascist friends had formed around him and his wife labor touch. to stop assuming that circle the red orchestra. it was like dancing on a volcano some of the wedding guests would be executed a year later labor toss and haro to. ante nazi resistance had begun earlier hello shoots of boys and worked in the air ministries intelligence section he knew about hitler's secret plans for war against the soviet union in 1941 before hitler came to power shultz of poison was a staunch opponent of the nazis in 1933 he was severely mistreated by the s.s. and they beat a jewish friend of his to death in front of his eyes. afi tanakh and his american wife mildred were friends of schultz of boys in the naacp worked as a senior civil servant in the ministry of economy the 2 made contact with the american and soviet embassies and passed on news about hitler's war preparations. the soviet embassy gave hanukah radio transmitter and said his friend hunt's copy was to use it to send m

domestic market now for more on that let's talk with our financial correspondent in new york jose luis de haro jose could have you with us do investors really believe that this restructuring plan from georgia can actually work. time will tell stephen but some investors are indeed referring to a plan as too ambitious and too optimistic according to analysts it's important to have in mind some of the challenges ahead for didn't plan to be successful i'm on dam the absence of a high return platform which could guarantee higher profitability in the near term and also d.l. evaded funding costs in d.m. there are several downside risks to consider here some as simple as a slow don't need to global economy which could cause to rationing credit quality and we could revenues which could affect the bank's profitability in india's regard the easy be 0 interest rate the policy is not going to help to increase profits also the reason is secure it is a crucial not to discreate ability to maintain employee motivation while regaining market share in a very competitive market so it seems as stephen their legal

and let's go now to our financial correspondent jose luis de haro in new york who is it there you are so the decision finally made how are the markets reacting. you know it will stephen especially after listening to your own paul giving context . was more hawkish and done investors anticipated he was a very clear estate in just a minute cycle policy adjustment meaning it's different from the start of a long cut inside goal as we saw for example in 2007 obviously did not see it well with the investors who we are still seeing i believe 2 more rate cuts before the year and so we. will let everybody down with the decision. the fed likes to say that its decisions are data driven did powell in that press conference lay out a strong enough argument for why. why he's cutting rates despite the strong economic data frankly in the us. stephen he was a pretty big reguard so was the. statement in bold the case is the outlook for the u.s. economy remain favorable while the current expansion was to find some staying power will mention that we should expect the job growth to be slower down last year

like dancing on a volcano some of the wedding guests would be executed a year later labor toss and haro to. ante nazi resistance had begun earlier how osho the boys and worked in the air ministries intelligence section he knew about hitler's secret plans for war against the soviet union in 1941 before hitler came to power shoots of boys and was a staunch opponent of the nazis in 1933 he was severely mistreated by the s.s. and they beat a jewish friend of his to death in front of his eyes. avi tanaka and his american wife mildred were friends of schultz a boys on uk worked as a senior civil servant in the ministry of economy the 2 made contact with the american and soviet embassies and passed on news about hitler's war preparations. soviet embassy gave hanukah radio transmitter and said his friend hums copy was to use it to send messages to moscow. copy came from the communist youth movement he was just 17 when the nazis put him behind bars for almost 2 years in 1901 he married his fiance hilda. the nazis vons as anti nazis they were not just willing to discuss resistance or make jokes a

i'm actually off of black hawk road kind of not too far from danville black hog and tassel haro which is very close to the epicenter of this earthquake. so folks basically say if you are anywhere in this area, you definitely felt that jolt. >>what kind of scared me because i heard rattling you know like the dish i thought the dishes had broken, i thought it was really big i didn't know that it was only like floor, i thought oh the way they she is just it got in the car and i thought she was if the house is backing up because it it shows that the house a big jolt and then several seconds of shaking that's what folks at this shopping center off black hawk road in east san ramon are saying they felt. >>when that 4.3 quake hit tuesday afternoon. >>i heard like the house can moving a and my dogs got a little freaked out which is it more scary according to usgs the quake struck on the greenville fault just about 7 and a half miles east of black hawk it was originally a 4.4 magnitude but then downgraded to a 4.3. was felt all across the east bay and my son lives over in oakland he text me ri

. >>> i want to bring in the president of the international association of firefighters, haro harold. this has not been a quick fight for this funding. are you feeling hopeful now at least that these first responders are going to get the help that they deserve? >> well, i'm confident now that the vote will occur. the bill will pass. and it will finally become law. hopefully the end of a 14-year journey and the beginning of assuring that all of those that served our nation worked on that pile for the days and weeks and months that followed. not just members that i represent, firefighters, emergency medical workers, but law enforcement, building trades, so many that worked over such a long period of time in a horrendous environment. they'll finally be assured that they'll receive the benefits and the care and the compensation that they have earned. and not to be required to come back to washington, d.c., again in five years and beg for this kind of protection and coverage. >> just to give people some perspective, you and so many of us who care about it said good-bye to the 200th firefig

you i respect your haro and you believe that your guns which is a respect of against their not only implication and also. sugary drinks can pose insulin resistance and that which is also potentially respectable cancer in terms of how do you put me in terms of cancer i mean what or what type of cancer we're talking about and how does it affect if a tall men and women differently. in this study fusion was observed for all cancer and not specifically for breast cancer which was the cancer most we presented in this cohort and which is composed of 75 percent of women. many people watching this program might be a little bit alarmed that a glass of fresh least squeezed orange juice might actually be bad for them could you clarify what you mean by the fact that you know certain types of sugary drinks are bad we're talking about those that are manufactured or is an innocent glass of freshly squeezed orange juice something we should be weary about yes and unfortunately in this study. either fresh squeezed orange juice is were executed with increased cancer risk this makes it years we know that in the pro