stronger than a house of cards. netflix wows markets as it surges past 100 million subscribers, potentially sending shares to a record high. and would giving away one thousand euros a month to a person free them up to pursue their passions? we discover how one bold start—up is finding the answer to the question of a universal basic income. welcome to world business report. i'm rachel horne. in a minute, we'll have an update on rio tinto‘s operations. but first: we begin with netflix. the video streaming giant surprised investors overnight with its second quarter earnings. the company added 5.2 million subscribers in the past three months, boosting its global customer base to 104 million. it's a company whose growth reflects the changing culture of tv viewing habits around the world. since its transformation from a dvd rental service to video streaming ten years ago, the firm's share price has rocketed from just over $3 to more than $160 a share. and netflix is splashing the cash. this year it will spend $6bn on cont

stronger than a house of cards. the streaming giant netflix wows markets as it surges past 100 million customers. live from london, that's our top story on tuesday, 18thjuly. shares in netflix surge during after hour trade — as it beats expectations — boosting its revenues. also in the programme.... renegotiating trade in north america — the us says better access and reducing its trade deficit is at the top of its priorities when taking on nafta. european markets... they are all in the red. all eye to the uk and inflation figures due out in a few hours time. cutting the odds. can artificial intelligence give you the edge in sports betting? we'll meet the man who claims his algorithms are going to turn the industry on its head. today we want to know how do you watch your tv? on demand or live as it's broadcast? let us know. just use the hashtag bbcbizlive. welcome to business live. we begin with netflix. the video streaming giant surprised investors overnight with its second quarter earnings. the company added 5.2 mil

it seems the house of cards is still standing for netflix. >> it has surpassed the milestone of 100 millionsers worldwide. it added 5 million subscribers in the last quarter helping to boost earnings by almost one third. more than half of netflix subscribers are now outside the united states. the company will continue to invest more in new content after success of its original series and news sent the company's shares soaring by 10% in trading on monday. binge watching all of those series. thank you, stephen carroll. going to move on with our international press review. offre going to start us with reactions in the united states to all of these latest rumblings and comings and goings. reactions in the united states to all of these rumblings and comings and goings on the health care bill. >> that's right. it was essentially buried after two republican senators said they would oppose the vote on the health care bill that aims to overhaul obamacare. it's a blow to the republicans and the second time the bill has faced a hurdle. does this mean that trumpcare is finally dead? that's what one was

with a little "house of cards" reference. that's free on basic cable. on of consumer demand up there. >> well, i think it's reflection of a couple of things. momentum, as i say more-mentum. don't try to get in front of amazon or netflix or tesla. doesn't mean the stock can't go a lot, lot higher. the option market had priced at 80% measured move. that wasn't saying which direction but looking for 80% move. the market knew. if you look at it, we had a selloff after the june 9 high, $20 selloff, we've come back. if you take that $20, add it on top, simple measure move technique, 185 the target, using that same analysis looking for them to recover achd get back up about 5% from where we are here. i think apple is going to be a big beneficiary. it hasn't participated. >> you don't have to be that technical. look at the numbers in this report. they are astonishing. they're adding 5 million subscribers in a single quarter. revenues, out of sight. this is amazing, with stocks on fire. americans want to be able to consume their entertainment anywhere they are. o

it's good to like find, um, new ways to deal with it. >> more terrifying watching your itself on house of cards >> boy, i don't know. i think congress is going to be pretty scary. to be honest i've been panicking for about month. [ laughter ] >> we enjoy watching you on house of cards and here in washington it's just been must -- must tune in whether you're binge watching or watching an episode. what you've learned about the political system by being on the show has that changed your view at all? >> has it affected it? has it impacted it? >> you know, i don't think so. i mean at the end of the day, we're just -- we're just kind of a tv s i think we love -- one of the popular things people like to say is, you know, that we somehow emulate, you know the sort of madness that is, n happens here in dc, but, you know, i have no idea. i've never been here. i don't know maybe it's close. probably not. >> you get your first crash course on wednesday. >> i'm going to find out. i'm going get to the bottom of it. >> and take it back to the riders this is what we need to do. >> listen we enjoyed you on boar

i'm so hold, i remember when "house of cards" seemed like far-fetched fiction. this "house of cards" today pales in compareson. here's the problem. the problem is, scaramucci is donald trump's mini me. he is donald trump with less money and more hair and he's being able to do these things, bring these fights, go public with them, say these things that are so horrible, because donald trump is not only allowing it, he might actually be blessing it. we don't know. i think it's no coincidence when he called ryan, he was coming out of a dinner with donald trump and a couple other people who must have been ginned up talking about this. just think about this for a moment. if we have a terrorist attack right now, if we have a major national crisis, if we're hit with a major natural disaster, these clowns in this white house who are shooting each other down daily are the ones that are going to be in charge of a rescue effort. so this is scary. we are heading right to a constitutional crisis and i was very disappointed in peter king who i really like. the congressman from

i love the analogy between house of cards, which many will have seen, with kevin spacey, incredible. g back to the point is you cannot believe that a really key conversation took place even if this lawyer says it wasn't of consequence, in view of the situation and the daily attack on hillary clinton during that period, you would have thought james comey and the fbi would have got this news immediately. they seem to go from one crisis to another. that is a brilliant way they close ranks on each other. reince priebus, the white house chief of staff, is now being suggested that perhaps he should move on. they are trying to clear a path to get where they need to. it does build up this picture of anxiety from within, doesn't it? everyone getting suspicious of eve ryo ne everyone getting suspicious of everyone else as to where the legs are coming from. who is running the show? -- leaks. the trail is moving from one place to another. the donald trump family are unbelievably close with ranks. the snp 500 had a bit of a stumble but recovered. but many say it won't make a difference. you would

with serious like house of cards and oranges to new black. it is really pulling in subscribers. p of technology companies known as fang, so facebook, alphabet, netflix and google. netflix has said it does not see itself as a disruptive technology company. it sees itself asa technology company. it sees itself as a curator of content. it is all about creating its own content. it is really doing very well. it is interesting. we were discussing it on world business report and our guest was talking about the threat they pose to hollywood, because in many ways netflix is helping to fund the creation of a lot of new hollywood movies. but they released a movie last month with brad pitt which they released in a theatre and netflix some of any slip. so it is this sort of friend and me —— frenemy situation, supporting hollywood at also rivalling them. the share prices up of over 20% this year alone. what's of people don't switch on toward merry television any more. it will be interesting for companies like itv, whojust got a new chief executive. how are they going to faces competition from

. >> right it's no "house of cards. >> it is no "house of cards. glad you mentioned that. that was a "house of cards" share quarter and people don't get that. >> steepest decline of the big bank so far? >> no, it's not. the fixed income guys, if i were there, i would be like, guys, i'm sorry. i didn't mean it equities did quite well. i was surprised how good equities were. >> meanwhile, yesterday, in terms of the markets, the weakest volume for a full day of the year -- >> is that true? >> just over 5 billion shares. intra-day range on the vicks was the smallest of the year the environment that they're discussing for the seventh quarter kind of rolls on, doesn't it >> almost like they have this markets group that does small loans since they got great growth. >> moving the needle for a long time. >> i feel like if you're goldman you just need a lot of activity. i would love goldman to have something that's -- i like bank of america that's got this giant deposit base doesn't have to do anything. you know that deposit, that's what's going to matter. >> merrill lynch, too. some

. >>> a house of cards star makes a plea to politicians. what he is calling on politicians to do in an effort to raise awareness of a disease. >> he has his own portable defibulator he thought he would never get a chance to use it. not only used it, he saved someone's life. >> safe to say you will continue carrying one with you? >> i will continue to carry one with me. you each drive a ford pickup ryes.? i'm going to show you a next generation pickup. awesome. let's do this. the bed is made of high-strength steel, which is less susceptible to punctures than aluminum. stronger the better. and best of all, this new truck is actually- (all laughing) oh my.. the current chevy silverado it's the chevy summer drive. get 17% below msrp on all silverado 1500 lt pickups. that's over eight thousand two hundred dollars on this chevy silverado. find new roads at your local chevy dealer. >>> it's a story you will see only on news 4. a maryland father wanted to be ready to rescue his own kids but wound up saving the life of a stranger. just by what he kep

"house of cards," some of the others we know 13 reasons and stranger things and some other big hits for netflix. big hit with subscriber growth intact on the way to the upside. look at that surge, melissa and dave. 9%! so that a is great number overall for the stock. you know they called it options market, second day of trading might even be more volatile. watch for that as well. we know it will sell as a performer over the last year. back to you guys. melissa: nicole, thank you so much for that. that was the thing everybody cares about with netflix, they want to see what is happening with the subscriber growth. i don't know if all our viewers, you guys watching us on cable, you're watching us on satellite, i don't know if you use netflix. we don't want you to leave us. this is certainly the question out there, is the transformation. david: because a lot of folks out there are watching regular tv rather than streaming tv, a lot of them might think this is a flash in the pan. what we found out from today's numbers this is most definitely not a flash in the pan. everybody was thinking bac

oh, i love that show, "house of cards." have you been watching it? missed this season. >> it's good. "orange is the new black" and "master of none" also a good one, all came out last quarter. it's all about programming, all about content, i'm telling you, and they are signing up millions of new subscribers. >>> amazon could be joining the meal kit delivery business, and that's bad news for blue apron. its shares plunged as much as 11% after amazon filed to trademark a prepared food kit service. competition in the industry is tough and amazon has a history of disruption. blue apron was the first meal kit company to go public, but its value is down about a third since its ipo last month. >> yeah, you talk about "house of cards," i love frank underwood, but the current occupant of the oval office is so intriguing that that's good enough drama for me at the moment. >>> speaking of that, we'll have the latest twists and turns there as "early start" continues right now. . >>> we do have to repeal obamacare. and we will end up replacing about with something

season five of "house of cards."e have a very interesting chart on netflix's net adds for subscribers overall. net -- the growth, year.or the subscribers, we see a down trend. the easy comp relative to last year, that dipped lower -- a bit messy. the stock initially dropped on that. if they hit the numbers expected, 3.20 3 million 3.23 million-- subscribers, it should take the growth at or above even. this is a stock in a very volatile space after its earnings report. hit the number, we could see a big move higher. if not, they could move lower. the second quarter report last year. we see a big drop-down, 13%. the big news up and down in general, except the last two quarters, is suggesting we are likely to see you there and 8% move up or down for the shares of netflix. outlook onabout the the international business. the bull market continues and bond yields lay low. investors are plowing into riskier assets and equities. investors allocating about 40% of portfolios to stocks, a level not seen since 2007. joe: joining

to one republican close to the white house who described it as a category five hurricane and another friend of the white house operative described it as house of cards, the dystopian netflix series. and there's just a lot of mistrust and in-fighting. this is a white house, to begin with, in-fighting is a core value and immediately when the emails came out, instead of trying to manage the problem, they turned on each other and tried to figure out who's leaking, who gave this to the "new york times" and further you have these legal teams who are siloed and feuding with each other. the president's legal team and his son-in-law's legal team. they don't want the two men understandably talking with each other. there are a lot of tensions and you throw in the president's namesake son, don jr., who hired his own legal team and talking about his own p.r. team and a lot of people who are not coordinating for legal and cultural reasons and it's a really tricky thing to handle. robert: they were trying to handle it as they were on air force one, the president flying back from his trip. mark, the "new york times" broke this explosive story. did "the times" expec

have you not seen house of cards? they're just goofing around, going to parties.herwise you're right. this economy, this market could flatline until something gets done. is the lowly congressman.ut woe they make $140,000. year. get to work. you're getting paid. >> i'm not defending the schedule of members of congress, i'm just saying somey÷ñ?ñ? of to home andwúñ?ñ? work over the aut recess and talk to their constituents.#qñ?ñ? going back to what you were just discussing, they're happy to come to the table and work with republicans and find a compromise on obamacare in fixing the problems you have. one of the problems you just mentioned is the high cost of prescription drugs and out-of-pocket costs. they're happy to come forward and work with them to try to lower those costs. were simply not going to come to the table to repeal obamacare. >> after we administer smelling salts to gary b,. >> i know what the democrats it's always yes, let's lower the cost for everyone who's already not paying anything. let's try to tax the rich. that's always the democratic group ans

a libya salon writes in the guardian whether that's an e-mail from your mother an episode of house of cards on netflix or a bank transfer of means that cable i a species i has presents as comcast a.t.m. t. or verizon don't get to choose which data is more quickly and which sites get blocked or throttled based on which content providers pay a premium the forty four year old pi clearly not as evil but definitely a government bureaucrat and more importantly former lawyer for telecom giant horizon is strongly against the regulations and has called the concerns that inspired them hypothetical harms and hysterical prophecies of doing so with netflix amazon facebook and thousands upon thousands of others protesting and pie in the telecom boys standing firm there is nothing neutral about the internet today and you know that means it's time to start watching the hawks.

rounding out the category, better call saul and four streaming series the crown, hand made's tale, house of cards and stranger things. on the comedy side, hbo's deep which won the last to years is nominated again. during the announcement, shamar moore told veep supporting actress she received her fifth straight nod. >> what's it like you're like the meryl streep of tv or something? >> i don't know about that oh, my gosh. >> reporter: it faces off against atlanta, "black-ish," master of none, modern family, silicon valley and the unbreakable kimmi schmitt. atlanta's donnell glover and master of none aziz ansari both got multiple nominations for acting and writing their shows. >> these are true talents. >> reporter: debora burnbalm is the executive editor of variety for tv. >> you get a sense of the writers and their point of view on a show. >> reporter: stephen colbert hosts it live on cbs on september 17. danielle nottingham, cbs news, los angeles. >>> roberta wants a recount. [ laughter ] >> i'm not too happy with some of those picks. what happened to "orange is the new black"? i mean, can we ta

series house of cards as the russian president did appear to strike a facial expression similar to that of the fictional kremlin boss compared to the of we showed footage from day one of the g twenty summit to people from a few different countries and here's what they made of the body language. to. try to find a way to go over something so they say hopefully. try to find a resolution voting bridges exactly probably making fun of trump two of them are probably still trying to figure out how we go look to talking about ukraine and the way to saw how we should stop please stop. north korea. and they talk about the rocket launch that you may. be talking about cereal this morning. so is it oh so you put the conflict no no. he's now saying this cheese it cuts off a red line in the sun. what could that be in relation to could be you're a pig could be a full susie. who did. what you think these three a talking about discussing the menu where they going on holiday. they're probably advising him on what to say and not sound so stupid i'm pretty sure he's going to barrus us we'll help you get thos

series house of cards as the russian president did appear to strike a facial expression similar to that of the fictional kremlin boss victor petro of we showed footage from day one the g. twenty summit to people from a few different countries and here is what they made of the world leader is body language. try to find a way to get over something so. trivial resolution building bridges exactly how to make a fire truck two of them are probably still trying to figure out how we go we're talking about ukraine. possibly stop please stop maybe north korea. and they talk about the rocket launch that it may be. this morning. oh so you put the conflict no no. he's now saying this which is it cuts off a red line. what could that be in relation to could be year it could be nato forces. or. what you think these three are talking about discussing the menu where they're going on holiday. they're probably advising him on what to say. i'm pretty sure he's going to barrus us we'll help you get those refugees just take those refugees out of paris don't worry that's all you've got to do to put him somewhe

series house of cards as the russian president appeared to strike a facial expression similar to that a fictional kremlin boss a victim patrol of well we showed footage from day one of the g. twenty summit to people from a few different countries here's what they made off the body language. things. bridges exactly. two of them are probably still trying to figure out how we go to talking about ukraine. oh stop please stop. korea. and they talk about the rocket launch. this morning. oh. no no the day that. he's now saying in a speech is it cuts off a red line in the sand what could that be in relation to could be your it could be nato forces. who do. what you think these three are talking about discussing the menu. they're probably advising him on what to say. i'm pretty sure he's going to barrus us we'll help you get those refugees just take those refugees out of paris don't worry that's all you got to do. the country has to say. it's going to be here it's going to be very. probably would. you want a bridge i'll give you a bridge this is the place i could sell bridges to the bridge mak

series house of cards and check that out as the russian president appeared to strike a pretty similar facial expression of one point anyway as the fictional kremlin boss viktor petroff body language expert derren stanton wheeled him in hebrew for a sweat off his gesturing means. but there was an interest in the interaction between president putin and trump. around the table and again they shake hands but this time we noticed president trump sort of pats president putin under the under the arm which was quite a mock gesture but again his appraisal is a power gesture to say that you know we're here but i'm still the powerful man you know i'm still the head on chair so to speak so i think you know although i think the two men have got mutual respect for each other. you know i think this is this little call leakages that leakage gestures that i see between the two men especially from president trump that he still wants to be seen as very much the you know the top man and also a source of footage where the both of us he sat side by side. president trump has got this what we call reverse st

>> reporter: demanding to be paid the same as her house of cards co-star kevin casey. >>>> i was likebetter paye or i'm going to go public. and they did. >> reporter: and jennifer lawrence pushing for change for future generations. >> there are times where i feel a real need to speak for those girls. >> reporter: some of hollywood's most sought after stars from natalie portman to patricia arquette blasting the business. closing the gap, the glitz and glamour only so far. it's not just the gender gap, two stars of hawaii 5-0 quitting over what they say was a difference based on race. abc news, new york. fios is not cable. we're a 100% fiber optic network. and with the new fios gigabit connection... you get our fastest... internet ever. with download speeds up to 940 megs - 20 times faster than most people have. switch to fios gigabit connection with tv and phone for $79.99 a month online for the first year. plus hbo for one year and multi-room dvr service for two years, all with a two-year agreement. and switching has never been easier. get out of your contract with up to a $500 credit

gotta watch house of cards on netflix right now i just don't have the time yet yes. right now the amounts of money being thrown around a wall street are bigger than they've ever been there's a massive auto loan bobble a huge student debt bubble and others and when they burst in a thousand pieces it will result in a lot of people going broke and with. anaemic ribs suddenly becoming a delicacy. said asked after the auto bubble burst that mcgreevey is going to be a form of currency it will do you can pay for things with a fistful of mc ribs. taste of it it say is coming. how is everybody talking about wall street right now the five richest man has the same amount of wealth as the bottom half of the world three point seven billion people and in the us ninety nine percent of the wealth created since the recovery is going to the top one percent the people who work on wall street at the at the hedge funds in the big banks they do nothing but make a few people very rich they make more in and day than most people make in a year and many people make in a lifetime yet the mainst

this isn't house of cards, this isn't even veep. it wouldn't even qualify for blues clues.s so simple that wouldn't. wait, no, no! no, blue. no, blue, it's not necessary. we've already solved it. >> bark bark! >> yeah, we know it's a clue. we don't need you man, we don't need you. get out of here! go! go! ( dog whining ) >> trevor: i didn't mean it like that. sorry, blue! you're a high-quality person! you're a high-quality person! we'll ♪ beat-box vocals playing ♪ always fun, yeah.... you're a high-quality person! we'll ♪ beat-box vocals playing fless calories, and half the carbs, there's only one light beer to grab. miller lite. hold true. girls, you know you've the ones that make you laugh. booty hole! the ones that got your back. [ grunt ] what's up? the ones that keep it real. ah. i missed you guys. we haven't hung in five years. we needs a girls trip. so let's go. i plan on getting white girl wasted this weekend. [ coughing ] that's hand sanitizer. i have not had this much fun in so long. you should move your arm. that's not my arm. okay. girls trip. rated r. >> trevor

the channel is known for content like house of cards, orange is the new black. tflix‘s membership. clearly, investors liking what they are hearing. thanks, michelle talk to you during the week. the new series of game of thrones started in the us. the new york times has estimated that this show generates billions of dollars annually and is costumes and props get attention. the success of the show is knocking on to companies that produce the props in india. over six seasons, tv fantasy game of thrones has captured the imagination of millions. but far from the seven kingdoms, the costumes, grand sets and armoury that feature in the throat —— show are serious business for companies in india. and it is not just for companies in india. and it is notjust game of thrones. this company supplies props to many hollywood productions, from the avengers and gladiator, to the star wa rs avengers and gladiator, to the star wars franchise. it's only the indian subcontinent which has the art of hand embroidery. they can‘t get it in the west. whether we do embroidery or anything, i

as a libya salon writes in the guardian whether that's an email from your mother an episode of house of cards on netflix or a.

then anyplace per capita on the mainland why because this was all built on a house of cards conflictsof interest so chapter nine in chapter eleven meso which is a. president obama pro message was established took components of both chapter nine and chapter eleven it essentially gives puerto rico an opportunity to kind of tap the brakes do it assessment kind of slow down the creditors from coming in and filing suit it's halted the litigation and kind of just kept everything status quo but there's no doubt seven hundred two billion dollars they can't they can't they can't tax their way out of this or peter thanks for joining me ok coming up student loan complaints of increased by more than three hundred percent in the last year we'll talk about why in the next. decade the american middle class has been railroaded by washington politics. big body corporate interests that's thrown down a lot of boys that's how it is in the news culture in this country now that's where i come in. i'm a troll on r t america i'll make sure you don't get railroaded you'll get the straight talk and the straigh

this isn't house of cards, this isn't even veep. it wouldn't even qualify for blues clues.t's so simple that wouldn't. wait, no, no! no, blue. no, blue, it's not necessary. we've already solved it. >> bark bark! >> yeah, we know it's a clue. we don't need you man, we don't need you. get out of here! go! go! ( dog whining ) >> trevor: i didn't mean it like that. sorry, blue! you're a high-quality person! we'll ♪ ♪oh, my love ♪my darlin' ♪i've hungered for your touch papa, hola! ♪i've hungered for your touch no, no no, no no no! ♪i'll be coming home, wait for me♪ you know 7up goes great with punch, but try mixing it with fresh cut fruit in sangria. or... use it to make a white wine spritzer, perfect for hanging out with 2chainz. i love your rap music. i have a helicopter. oooh. 7up. mix it up a little. fless calories, and half the carbs, there's only one light beer to grab. miller lite. hold true. so, if anyone has a reason that these two should not be wed, speak now. (coughs) so sorry. oh no... it's just that your friend daryl here is supposed to be live streaming the weddin

a libya salon writes in the guardian whether that's an e-mail from your mother an episode of house of cards on netflix or a bank transfer of means that cable i a species i has presents as comcast a.t.m. t. or verizon don't get to choose which data is more quickly and which sites get blocked or throttled based on which content providers pay a premium the forty four year old pie clearly not as evil but definitely a government bureaucrat and more importantly former lawyer for telecom giant horizon is strongly against the regulations and has called the concerns that inspired them hypothetical harms and hysterical prophecies of doing so with netflix amazon facebook and thousands upon thousands of others protesting and pie in the telecom boys standing firm there is nothing neutral about the internet today and you know that means it's time to start watching the hawks. as. you. would like you know that i got. the world watching the ball talk science i robot times have the right net neutrality i firmly been having this conversation. for a decade we have at least the last two three years at least let

. >> house of cards, scandal.ll be right back. >> ♪ >> all right, how should you prepare for political debate? >> i don't know. how would you prepare? i'd practice with other people. >> and watch the west wing. >> ah-ha. >> canadian prime minister justin trudeau says he drew inspiration from t trudeau says his favorite episode showed president bartlett in a debate and admitted he watched it on youtube to bone up for his own debates. >> that's interesting. he watched a fictional show. >> yeah. >> it was sort of the perfect prototypical. jeb bartlett was idea lift idea. >> it has been since years since adrienne fenty vacationing in croatia. sailed on the yacht. fenty was mayor of d.c. from 2007 to 2011. he and powell have been dating now for two years. president obama how many buttons you unbutton on your shirt now. >> he probably used to do that when he was mayor, too. >> when you're casual when you're on the yachts you enjoy it. >> one of my friends noted he seems buff. i said i didn't know. i didn't notice. we'll