he ia very bright ma if you take himside and say what hase done with the apprentice what has he done with h brand, he getets himself out there? does she gets himself out there. -- he gets himself out there. becca:a: butow the trump brand is being devalue >> what are you talking about? h's running for president. rebecca: but 's not givinup the business or taking his name off theusiness. >> but that's what i'm saying. it's an entertainment activity. i think that''s disturbing to me wherthe publicican candidate -- the field is starting to coalesce and the front runner is him buddy -- is somebody people say cannot be serious about nning. it concerns mebout the proces rebecca: butut we're not gng to get into that. this is the washington business report. >> i think the post office novation is terrible. but keep in mind, he is s a long-tm player. he loves being in front of the press. he wants to be seen. rerebecca: but do you think ththey are goingo poll the contract for the test pull the contract for the post office? the pga is under pressure. >> he is the master the contract. he is the ma

the california department of insurance said the state hases billions in false claims each year. >> it cost the insurance companies and they have to take it out on the consumers because they need their money. >> the department of insurance said fraud in california is causing premiums to >>> a 16-year-old girl who survived a plane crash in washington state is describing her terrifying ordeal publicly for the first type. >> the up veatch thought she would not make it when the small plane crashed into a mount feign in the north cascades. traumaized after watching him die she put survival tips from watching "survivor map," to use. >> i tried to hitchhike and flag someone down but no one stepped. >> someone did stop and v.i.p. up ised bumps to her back and hands but said she is grateful forgetting a second chance at life. >> accolades are coming from the mvp steph curry. >> he received these blimps at the kids choice award, but male athlete and best player of the year and quickest moves. his daughter riley turns three on sunday. >> my daughter, almost her birthday so if on the count of thre

redesign hase already slowed production and engineers are working on electrical components and interiorcura has said that it will sell the car later this fall but only time will tell. may buy a,k you compared to an audi, a mercedes, or even a tesla model ask. x. it might be less powerful and plush but when it comes to sheer driving thrills it will toe the line with any of them. more on that story, download the bloomberg app to your mobile or tablet, available for those basic operating .ystems, android, or apple next, we will revisit the crisis in greece and its affect on europe. hearing exclusively from alexis tsipras. stay with us. ♪ >> north korea has opened a new terminal at pyongyang airport to attract tourists head of the anniversary of the founding of the ruling party, just a handful of international flights come and go each week and only two airlines have scheduled services. kim jong on is reported to have taken an interest in the project and was said to have criticized the project last year. ukraine has stopped buying gas from russia after moscow removed discounts and declined t

hasing ahead, beijing flexibility and analysts say the most crucial of which is the mechanism to determinely rate. this year, investors focus on the imf's pricey decade review of reserve currency and that will determine whether the renminbi is large enough to be classified with the big boys. the euro, the panel, and the u.s. dollar. rishaad: let's bring in chief economic strategist and an editor we are talking about it earlier. it is a different country from where it was and not just the sheer size and squirrel -- and scale. guest: it was five times bigger. biggeste world's exporter. gdp is almost and of -- and more topanies are using the yuan trade him pay for invoices and central banks are buying yuan. a sign that strong economic reforms go, the move 10 years ago on the peg was successful. it can succeed. rishaad: that is what we want to with the yuan. what happens now with the yuan itself? where is it headed? it is still overvalued or should i say undervalued and some say it overvalued. guest: the direction of the yuan is a tough call to take. but if you look at the currency over the pa

hasing ahead, beijing pledged further flexibility.say the most crucial is the mechanism they use to determine the daily reference rate. this year, investors focused on the imf's twice a decade review of its basket of reserve currencies. that will determine whether the renminbi is grown up enough to be classic right along the big boys. pound,, the euro, the and the u.s. dollar. angie: coming up next, hoping to be top dog. we take a look at what one company is doing to become china's answer to disney. ♪ angie: checking some other stories making headlines around the world -- china's crackdown on high-level corruption has named another human figure, a former top aide to president hu jintao. the former chief of staff is accused of taking bribes, obtaining state secrets, and violating communist ready discipline, a code word for corruption. he is the last of a group dubbed the new gang of four to face prosecution. others are serving life sentences. loss elon musk says the explosion that destroyed one of his companies rockets last month was p

the asian white slowdown has -- slowdown hase china to blame for that.,000 pickups as part of a deal with u.s. regulators onvia call recalls, $105 million for delays in what is the largest penalties ever imposed by the agency. it tops hondas find last year. fine last year. documents filed by the company show the a litany of problems. no plans to reduce production in china despite slowing sales, volkswagen responded after it was said that the company was considering cutting hours that is chinese operations. in june, passenger vehicle sales fell for the first time in more than two years as the stock -- it ist buys off time for shipbuilders -- just one group to feel the pain of cheap oil, they turned to offshore oil rigs about five years ago in what turned out to be a dad that. michael arnold is right here with me at the moment. tough market. tough crowd, isn't it? indeed. these guys made a bit of a strategic fumble. you can see that with the benefit of hindsight, actually. guest: if you look at the aftermath of the financial crisis, you have oil rising to

. >> reporter: south carolina's lieutenant governor still has to sign the bill before it hases to nikki haley's desk. once it's signed the flag has to be removed within 24 hours. >> omar villafranca, thanks. >>> other parts of the state are debating their civil war symbols. one alabama symbol may drop the rebel man, its high school mascot. we'll go there ahead on "cbs this morning." >>> a tech failure affecting three major u.s. companies on wednesday was not a coordinated cyberattack. that's what's officials say after a string of problems affecting millions of people. technical glitches grounded dozens of united airlines flights, shut down the new york stock exchange and crashed "the wall street journal" website. jeff glor is at the stock exchange where investors hope for a better day in the market than wednesday. >> reporter: good morning. it was already set to be a rough wednesday here given the debt crisis in greece and the market mess in china. then this glitch hand and the exchange ground to a halt. officials suspended all trading at 11:32 a.m. for nearly four hours the normally ra

the bill if it passes the house, hases to the desk of governor nikki haley.an see the debate in the house live wednesday at 10:00 a.m. eastern on c-span3. >>> this week on first ladies influence and image we learn about lecretia garfield. she was an educated woman and a believer in women's rights. when her husband was assassinated, she returned to ohio and made their home into an early version of a presidential library. chester arthur, a widower becomes president and his sister mary arthur mcelway fulfills the role of first lady. garfield and mary arthur mcelroy this sunday night at 8:00 p.m. on "first ladies: influence and image." examining the women who filled the position of first lady. from martha washington to michelle obama. sundays at 8:00 p.m. eastern on american history tv on c-span3. >>> next a discussion on the planned changes to overtime announced by the white house andator the propose impact. from "washington journal," this is 45 minutes.d plan t >> we're joined now on a tuesday roundtable to talk about requ president obama's change to overtime e

what we saw yesterday was not as bad as it looks like t was not hases of people from -- masses of peoplens protesting. a tiny margin. and i think it is not reflection of the whole greece. people still somehow like him. i think he will stay in power. i like option of having him in power? no, i don't but i think we have to live with it for a while. sandra: what do the people want? how much are they willing to commit to? how much are they willing to change? when you look down the road, the culture is not changing, are they? >> i don't think they will change dramatically. you can't shift to one side within a nanosecond. it doesn't work that way. we tried for a couple years. we have seen many, many promises. we have seen broken promises. rules being bent and stretched again and again but we have not seen something, they're an unhealthy state or that they're willing to reform. they're not only looking at austerity measures. it is a mixture of reform. will we see money at the end of the day? i not. sandra: what happens for the rest of the world. as a business network we're trying to decide what

systemic imbalances in social security and medicare finances and now one of those financing short falls hases become on urgent concern. it is urgent concern to roughly 11 million commissioner noted 11 million disabled beneficiaries who face sudden reduction of 19% unless there is prompt legislative action. unfortunately action to correct the systemic short fall is delayed to the point where we don't have a whole lot of options for dealing with disability. there is no realistic reform of the disability program, no matter how well-constructed will reduce costs by 19% within a year without having adverse effect on beneficiaries. similarly does not appear to be appetite to raise taxes by enough to close the short fall within that time. and this means that not mare what else is done there is almost certain to be needed at very least a temporary infusion of resources into the disability insurance trust fund from some other source. now, each potential source carry as different set of implications, some of them problematic but it is clear some type of infusion of resources is going to be needed no ma