tom: dean hubbard, thank you so much. glenn hubbard retiring at the columbia business school. this linkage of growth. of our fedt ahead coverage next week. our thanks to tom keene for joining us. guy, let's get back to the deutsche bank-commerzbank story. we have been following it a little bit that there were rumors that this might come into question a little bit more, but it only looks like it might he a solution for germany. these are two vulnerable banks. commerzbank was kicked out of the dax after 30 years. it might be a solution. guy: it might be, but it might not be. that banksg two together -- some would argue that they are not bad banks -- but banks that are struggling -- disease two just do these tw -- merit being banks put together? it is moving the market right now. governmentcompany -- is looking on this favorably right now. there would be big job cuts. that would be difficult. let's bring things back to london. breaking the brexit impasse. -day summit ino salzburg, it ended without progress. leaders piling more pressure on theresa may. a special november summit. a

glenn hubbard was. thank. you the. first thing in school. or first class. as grand a moment around join your reputation on her journey back. in our interest to touch a story and writing returns home. an unusual friendship. is the story of paul and he. is a student from cameroon the other a filmmaker from germany is whether we're likely never be able to say whether he chose me or i chose him whatever the case this is the story of how a. most dangerous. by the. law. that what began as a documentary super bowl on the truck parents soccer first everything for our character back empty handed. became a story both those seeking. and those two know. when poultry move or the cd from cameroon to berlin starts october fourth on g.w. . pledge a closet. business news live from bird led germany greets circus president branch of type marijuana with a state banquet the glamorous occasion caps a day of diplomatic bridge building heir to one wants to improve strains ties with germany but his record on human rights for means a sticking point for the nato allies is also coming

dear mr beck the deportation order for mr hubbard under children has been suspended deportation to the netherlands is no longer possible. now neither line is need memorably been so bad but i have waited for this for many years. i'm very happy. right here normalised we usually talk in english but today i think i said today i'm going to talk to him and so super we don't need to speak english anymore inshallah we're done. but our biggest book that. rhoda says she wants to shape the direction her life will take but she still has a long road ahead of her she would like to learn a skill and earn a living so she does not get much support as a single mother it's hard to get a place for her children and kindergarten. says that makes integration harder especially for women who have endured traumatic experiences. i thought i'm going to merkel came here and looked around. there are many women especially women with children who are very inactive who don't do anything with their lives. it has to do with the cultures they come from they are not used to being proactive and independent and don't plan l

hubbard don't. plan an afternoon on the show fear of that in the. county. where you. are not only mission i think i had the. job a. jewish. man. had a. second. i'm on the no go zone. but our own hoffa. it will just go hand into by then man in my cock in her head untie. me shake. it will climb on the hood. of the second coming and i think of the. air was full of water and the other doesn't love then i was not feeling so good. and i got i sick. yet. and in league a little. higher up. the liability. there was a murderer who was really good you see good without life so how can we. have here to say that. love of him for years. i'm used to leave evidence you did the had to you didn't you didn't. get there but i would have been told. when i hit me that adam was. going to have to me i'll have the. advantage by god if you. get to that in a minute of this it's not available in the building i'm reading and then i'm not. going to be out of there was the night that you demand the plan. never. been done much ado well how for a bit. in the. known. universe. yes there. will be an out

anything else.diane hubbard / seamstress: "i like to sew.nimble fingers work quickly around the needle... diane is able to produce 100 safety vests a daynatsot: "are you afraid your fingers are going to get too close to the needle?" "no."but this is no ordinary factory.take a closer look.the fabric of this workforce... is mostly the blind.diane: "when you learn you just get used to it."with no sight ... diane is able to feel her way through each ... perfect ...stitch.diane: "we don't think its amazing ... its a job we get paid for."the only thing helping her is a small piece of (anchor) we have breaking news...(anchor) we now want to send things over to .... the 49ers pulled off their first win of the season..escaping the mouth of the detroit lions.now, it's time to hit the road again.. 2 straight games away from levi's stadium... and the schedule gets even tougher this week.. the kansas city chiefs and their offensive machine is rolling...can the niners defense handle the test... will the offense find consistency..buckle up.. it's time to e

last night, 40th and hubbard streets. woman survived and incredibly expected to fully recover. suspect is christopher jenning. no word on the motive. >>> follow-up to high profile homeless camp on state property in san jose. caught national attention when it was set up by a group that complained that the city was moving too slowly to help the homeless now it appears that plan to let them stay has changed. this morning they were told to get out by monday morning or else. oak village was organized by homeless advocates. originally supposed to be cleared out this week but yesterday the county of santa clara sent a letter to the state asking officials to hold off on moving the tents for six months so county officials could rent the lot or find another place for the people to live. seemed like chp agreed but changed this morning. advocates say they're planning aprotest ahead of the eviction deadline. ♪ >> it is a party for tens of thousands outside the oakland coliseum tonight, hip-hop festival bringing some of the biggest name together. fans excited, but police trying to make sure

hubbard only. plan are for you not to show fear of that in the. county. where you. are not only mission i think i had the. job a. jewish. man. had a. second. i'm on the no go zone. however. but our own hoffa. it is go hand into by then man in my cock in her head untie. me shake. it well climb on the hood. can come and i think i can see the logic of the. air war and their mother doesn't love the only thing so good. and i get i sick. yet. and in league a little. higher up. the liability you know. there was a murderer who was really good you see good without subtly. we're going to see that. the model of him hoarders. i'm used to leave evidence to the head to even move it. there but i would have thought all i want to let it be that adam was. going to have to be all about me. like i was here. to get him a little bit of this is it's not how do you feel about the booming economy and then i'm not. going to do now today was the night that you demand a lot of. what i do well how for a bit. the . known. universe. yes. we do not have. to be over the audience over. the movie the

the incident happened near the intersection of 40th and hubbard streets.ay. ( james ) also in the east bay... the berkeley police department is facing criticism for releasing mug shots and sharing arrest updates on twitter. the latest backlash came after an august 5th "stop the hate" protest ... that resulted in 20- arrests for vandalism and arson. police posted all 20 of the suspects' mug shots on twitter. now the city council wants to restrict the amount of to restrict the amount of information police can release to the public following an arrest. ( darya ) in the east bay... a father has opened a rehab center in honor of his late daughter. katherine leforte battled addiction and lost that battle last june... before the center became a reality. she was a mother of two young kids.... now 13 and 5 years old. her father says months before her passing.. they talked about turning their martinez family home into a treatment center. when leforte died of a heart attack shortly after a relapse.. her father moved forward with the project in her honor. <"it's a hor

the incident happened near the intersection of 40th and hubbard streets.n is expected to be okay. ( robin ) also in the east bay... the berkeley police department is facing criticism for releasing mug shots and sharing arrest updates on twitter. the latest backlash came after an august 5th "stop the hate" protest ... that resulted in 20- arrests for vandalism and arson. police posted all 20 of the suspects' mug shots on twitter. now the city council wants to restrict the amount of information police can release to the public following an arrest. ( robin ) in the south bay... police are releasing information about a pair of armed robberies at a san jose strip mall. the first happened on august 31st. that is when a young woman with a gun demanded money at branham dry cleaner's. police say the next day that same woman robbed a sushi restraunt next door to the cleaners. employees there say she pointed a gun at the owner and his family before taking money from customers. police do not have a detailed description of the woman. ( robin ) another big story we are

the incident happened on near the intersection of 40th and hubbard streets. the woman is expected to be okay. ( marty ) another big story we are following this morning... thousands of marriott hotel employees could go on strike in the bay area and across the country. the workers are in the middle of stalled contract negotiations. kron 4's ella sogomonian explains how this could impact bay area hotels. bull horns and pickett signs are stacking up in the office of union here local 2 that's representing 2500 marriott employees across san francisco who are ready to strike...they voted this week to do so for the first time...saying the international business is more than capable of raising their wages so they can afford to live and work in the bay area. sot: anand singh, president united here local 2// "youre talking about a 9 billions dollar industry the tourism industry in san francisco and it's done quite well over the years but the wealth that it's been generated hasn't accrued to the workers that drive this industry and marriott as the industry leader needs t

began when officers responded to a report of a man hitting a woman on the head with an ax at 40th and hubbard streets. a passing motorist gave the woman a ride to a gas station where police met with her. the woman was treated at the hospital for wounds not believed to be life- threatening. (jrstone) thousands of marriott hotel employees could go on strike at any moment across america..including right here in the bay area. (justine) the workers are in the middle of a contract negotiations between the hotel chain and their union called unite here. kron 4's ella sogomonian is live in san francisco with their demands...ella? a main issue is that the hotel employees say they don't make a livable wage here...now several months into the bargaining they are ready to strike ...saying one job should be enough. bull horns and pickett signs are stacking up in the office of union here local 2 that's representing 2500 marriott employees across san francisco who are ready to strike...they voted this week to do so for the first time...saying the international business is more than capable of raising their wa

i willn the morning, speak with glenn hubbard from the columbia graduate school of business.etirement. he will exit stage right and right to economics. we will quiz him on supply-side theory. stay with us. this is "bloomberg." ♪ taylor: this is "bloomberg surveillance." fans of the iphone took part in a familiar ritual. they went to buy the latest version of their favorite device. to $200iphones are up more expensive than the ones that came out last year. mania is starting to show signs of fatigue. canadian cannabis producers took investors on a wild ride and reported its biggest drop since july. it fell 17% and is down in premarket. day before, it doubled, wiping that out, gaining 40% before the close. slashinggo hopes is thousands of jobs will pull the of crises.clear the ceo plans to cut up to 10% of the company's 265,000 employees over the next three years. wells fargo has planned for billiondollars -- $4 dollars in cost cuts by the end of 2019. that is your business flash. tom: jump over to this on your business chart, the fomc calendar for next year. peter hooper with u

yesterday, they received reports of a man hitting a woman with an ax on friday evening at 40th and hubbarde to give you a right to a gas station where police eventually met her. she was to the hospital and is expected to survive. >>> former san francisco police chief willis casey has died at the age of 80. he was with the san francisco police department for 30 years and was chosen as a replacement for a retirement. he went on to serve as the pittsburgh police chief as well as city manager and spent 12 years on the pittsburgh city council. he was battling cancer at a funeral mass will be held friday at saint ignatius church in san francisco. >>> investigation underway after an inmate was discovered that inside of his cell at the martinez detention facility. deputy sheriff was conducting a room check when he noticed a man was unresponsive. medical staff began lifesaving measures, but the 61-year-old man was later pronounced dead. officials say the death appears to be health related. >>> san jose community will celebrate mexican independence day by demanding and obliterated mural be restored.

coming up later today, glenn hubbard, columbia and graduate school of business -- columbia graduate schooling new steps to revive its on economy -- alix: south africa is taking new steps to revive its economy. easier visa requirements. joining us as mark bohland. you have the rand whip sawing on that news. what is your biggest tape away? -- take away? not: it is a reallocation, an increase or decrease. the proof will be in the pudding . there is some confidence this will be an improvement in spending, and south africa had a large budget for the last couple of years and since the crisis they have tried to pare it back. an increase in the budget deficit in the past year ago, probably to do with week growth -- weak growth. now, the due administration is trying to do its best to reallocate their spending so you get more, better use out of the spending that is more supportive of the economy and the mining taxation and regulatory regime are very important to south africa. alix: mark bohland, thank you so much. david: another country struggling to see growth is some bob way. -- zimbabwe. >> we ar

read from former gush former economic council advisor, glenn hubbard. we suffered and no that.ew he espouses in china,. he said first time we take it on the chin. that is not a good deal. what is your sense hearing out of china on this? >> there is a need on both sides to step back and ask strategic questions. for the u.s., china really has been a bad actor in some respects. intellectual property, unfair trade practices. but the right answer is not tariffs. it is getting all the allies together to help put pressure on china. that would be a better strategy. tariffs will not make anybody better off. neil: meantime everyone seems to be talking about the effect this is going to have on prices in this country as soon as the holidays. that if it doesn't directly affect autos, for example, it will affect auto parts. how is that going to go down? >> well it certainly will raise prices, even more important perhaps, it will disrupt global supply chains for businesses built up over decade. these frictions between the united states and china can be fixed short of this, unfortunate way on

most recently today, glen hubbard in "the wall street journal," and i believe last week paulson, bernanke, geithner in "the new york times" made this point. it's a fundamental thesis of my book and i totally agree with it. but the chances of doing this in an anti-bailout environment, which by the way is fueled by both the left and the right. the left doesn't like who's getting the money and the right doesn't like who's giving it. in this environment, reform is, i think, very unlikely. so that's kind of a pessimistic outlook on my part. the main concern of financial system regulation is to prevent systemic risk of which there are three varieties, what i call the three c's -- correlation, conductiveness, contagion. correlation refers to the situation where the same external event creates losses for a large number of important financial institutions. such as the 2008 housing price collapse. connectedness comes in two flavors. asset connectedness where the loss of one financial institution causes the loss of another. or liability connectedness where the failure of one financial institution en