iacocca was the man behind the mustang, k-car, and the minivan. back. >> no cars are perfect, but these come pretty close. >> reporter: in the 1980s, america had no better pitchman-- >> i challenge you to compare their quality. >> reporter: --than lee iacocca. >> there's a sporty coup that's priced so you won't go into sticker shock. >> reporter: an engineer by education, a salesman by nature, iacocca became a bold-faced name as a straight-talking, cigar- chomping c.e.o., saving chrysler with an appeal to america's can-do spirit-- >> we're not foolish, we're confident. >> reporter: --and a signature tag line. >> and one more thing: if you can find a better car, buy it. >> reporter: born 94 years ago to italian immigrants in allentown, pennsylvania, iacocca started work at ford in the 1940s. his first national splash came at the 1964 world's fair where he introduced the ford mustang that he brought to market. but saving chrysler was where he shot to fame. >> nobody has anything like them-- not ford, not g.m., not the imports. >> reporter: at one po

the next year iacocca was named ceo. the company was in serious financial trouble and nearly out of business. but iacocca persuaded washington to bail chrysler out with a billion dollars in federal loans. as part of that effort he agreed to take a personal salary of just $1 a year. even so, he took heat from critics when he cashed in stock options worth millions. his response was vintage iacocca. >> i mean, that's the american way. if little kids don't aspire to make money like i did, what the hell good is this country? [ laughter ] got to give them a role model, right? >> reporter: iacocca was chrysler's pitch man. he starred in 61 chrysler commercials touting american cars and american values. >> i have one and only one ambition for chrysler. to be the best. >> reporter: he made chrysler profitable again and paid the government back every penny. he did it with an emphasis on quality. >> if you can find a better car, buy it. >> reporter: iacocca introduced longer warranties, lower prices, and a new kind of vehicle. the

while lee iacocca faded from the auto world, h legacy carried on.tribute to the man who transformed two of the big three automakers. ph >>> and one more example of lee iacocca's stance.t presid reagan appointed him to receive the renovation and se centennial award in 199e there weople who wanted him to run for president. >> true. he was a down-to-earth-nice guy too. that's "nightly business report." thank you so much for joining us. >> have a great evening! have a great fourth of jy! woman: this is "bbc world news america." is made possible by... the freeman foundation; by judy and blum-kovler foundation, pursuing solutions for america's neglected need and by contrib to this pbs station from vwers like you. thank you. laura: this is "bbc world news america." reporting from washington, i am laura trevelyan.

auto industry icon lee iacocca has died at the age of 94.re mbering the man credited with everything from the mustang to the minivan >>> the commute gets compitive. ping-pong on the subway.e of thore most new ystory you'll see. "early today" starts right now good morning i'm richard lui in for frances rivera >> a i'm phillip mena. the family of edward gallagher is feeling relieved this morning. the navy s.e.a.l. has been aquit of multiple war crimes >> they look like -- yeah, freedom. >> gallagher was charged with the 2017 murder of a prisoner iraq a military jury found him not guilty on all but one count. nbc's steve patterson has this report >> reporter: vindication for a navy s.e.a.l >> tears of joy. >> absolute joy. >> emotion absolute euphoria. >> reporter: the jury acquitting chief edward gallagher of six of the seven arges againshim including premeditated murder. >> huge victory. huge weight off the hegallag >> reporter: but finding him guilty for violating a uniform code of military justice by posing with a human casualty the decorated s.e.a.l. was charged win aray of war cri

. >> dylan, thank you for that >>> and today we're remembering lee ie iacoc iacocca.he iconic american ceo died yesterday at 94 he led two of the three big american automakerers our joe fryer has more on his legacy as a captain of industry and man of the people. >> reporter: he was known as father of the flashy ford mustang and promoter of the less than flashy minivan. lee iacocca. >> if you can find a better car, buy it >> reporter: a larger than life executive who could not be confined to the boardroom. >> in this business, you lead, follow, or get out of the way >> reporter: he was president of ford for it's years before he was suddenly fired he rebounded and went on to run chrysler he became the company's persistent pitch man. >> no cars are perfect, but these come pretty close. >> reporter: so revered was iacocca, he once flirted with running for president but decided otherwise. >> i know that i wouldn't fit i'm from a different wou world. >> reporter: he served in other ways, like leading the effort to save the crumbling statue of liberty. in 1992, iacocca hit t

auto industry titan lee iacocca has died iacocca's daughter confirmed to nbc news he died on tuesdayuses she says he passed peacefully at his home in bel air surrounded by family. he was 94 years old. iacocca as one of the first celebrity ceos is credited for ch modern -- and the modern automotive industry he joined chrysler in the '80s and saved the company from bankruptcy he also spearheaded efforts to restore both the statue of liberty and ellis island the executive chairman of ford, bill ford, released a statement that read in part lee iacocca was truly bigger than life and he left an indelible mark on ford, the auto industry and our country lee iacocca's funeral is set for next wednesday >>> just ahead we have a warning for beachgoers ahead of independence day plus, four walls and a roof are just a click away. neprf w ooyou really can buy anything on amazon next on "early today." that's awesome! this 4th of july, celebrate in a new chevrolet. oh wow! they're all really cool cars. woo, i love it! i can't stop staring at it. spectacular deals are on display now at your local chevy

iacocca as well thank you. >> thank you. >> lee iacocca is survived by his sister, two daughters, eighthe was 94 years old. we'll be right back. to a single defining moment... ...when a plan stops being a plan and gets set into motion. today's merrill can help you get there with the people, tools, and personalized advice to help turn your ambitions into action. what would you like the power to do? [what about him? let's do it. [ sniffing ] come on. this summer, add a new member to the family. hurry into the mercedes-benz summer event today for exceptional offers. lease the glc 300 suv for just $419 a month at the mercedes-benz summer event. going on now. >>> the president weighing in, said something about a record on the s&p now coming back to one of his favorite topics, currency, interest rates, china and europe playing big currency manipulation game pumping money into their system in order to compete with usa we should match or continue being the dummies who sit back and politely watch as other countries continue to play their games as they have for many years, exclamation point. >> p

iacocca helped create the ford mustangs and chrysler minivan. he's also credited with rescuing chrysler from bankruptcy in the 1980s. in 1984 his biography became an international bestseller. he's survived by two daughters and eight grandchildren. iacocca was 94 years old. >>> a moment of silence was held before the angels and rangers took to the field in memory of tyler scaggs. >> please join the texas rangers, the los angeles angels as we honor tyler skaggs. >> yesterday his image was displayed on an electronic billboard before the game outside dallas. angels players wore scaggs' number 45 on their uniform. it was the angels' first game since his death and they won, 9-4. the 27-year-old was found unresponsive in a hotel room in a dallas suburb. it's unclear how he died. police say suicide and foul play are not suspected. >>> team usa will advance to the women's world cup final. yesterday the u.s. team beat england 2-1 in the semifinals in france. it was a hard-fought match between two strong teams with everything on the line. roxana saberi rep

an icon of the auto industry has died remembering lee iacocca. he helped turn around and rescue some of america's best- known car brands. >>> welcome back. our time is 4:55. tesla had record sales in its most recent quarter selling 95,000 of its electric cars between april and june which could ease some fears that demand will dry up as test credit for electric vehicles are phased out. tesla said it expect to deliver between 360 and 400,000 cars this year. >>> an auto industry legend, lee iacocca has died at the age of 94. lee iacocca was a engineer and rose through the ranks at board developing the mustang and pinto. later he rescued chrysler on the verge of bankruptcy in the 19 80s. we saw him on tv all the time. lee iacocca's family says he died in his home in southern california at the age of 94. took time is 4:56. san francisco giants wrap up a series today against the san diego padres. boy did they hit yesterday. donovan solano led a homer leading off the game and on gora just went wild, hit a solo homer in the second and a three run homer i

the first autobiography i read was iacocca.d millions of copies -- >> when he was like 6. >> the guy was 8 at the time. i recommend it. it's a terrific book. hopefully it rises on amazon. he was iconic. imagine developing the minivan and the mustang. two opposite ends of american culture really. >> i think he'd be proud -- >> he's a legend. >> look at that video. looks like he comes from another planet. that's how you know you're getting older. just the '80s. >>> giving birth is painful enough. an epidural may help. imagine if the tube got lodged in your back, next. on a john deere x300 series mower. because seasons change but true character doesn't. wow, you've outdone yourself this time. hey, what're neighbors for? it's beautiful. run with us. search "john deere x300" for more. has been excellent. they really appreciate the military family and it really shows. with all that usaa offers why go with anybody else? we know their rates are good, we know that they're always going to take care of us. it was an instant savings and i

iacocca was also a ford executive.ar vehicles with both companies such as the chrysler minivan and the ford escort. lee iacocca was 94. >>> the estranged husband of the connecticut mother who's been missing since may 24th is now speaking out. fotis dulos is charged with evidence tampering and hindering prosecution in connection with the disappearance of his wife, jennifer dulos. he's now free on $500,000 bond. he's maintained his innocence in an interview with new york station wnbc. >> i know what i've done, and i know what i haven't done. so i have to stand and fight and hope that the truth is going to come out. i had my differences with jennifer, like many people do when they go through a marriage. it didn't work out for us. but that doesn't mean that i wish her ill in any way. >> during that interview, dulos did not speak about any evidence in the case. he says he knows he's already been convicted in many people's minds, but dulos says those who know him also know he could never have killed his wife. >>> new overnig

lee iacocca. send lee to college. after graduation, iacocca was hired by ford. in 1964, he was vice president of ford division when he launched an american icon with the mustang. it was so popular, iacocca appeared on "the time" and news week. he was named president of the ford motor company. eight years later, he was fired in a personal clash with henry ford's grandson. iacocca moved onto a new challenge taking on chrysler. he negotiated and the launch of the k-cars and minivan, he led an astounding turn around. >> if you can find a better car, buy it. >> iacocca was encouraged to run for president for 1988 though he did not. in an effort that brought full circle of his family's american story. he shares half a billion dollars to save the ellis island where his parents first arrived. an american giant died on tuesday at home in bellaire, california. he was 94 years old. lee iacocca. what patients don't realize is what they eat and drink is likely acidic and then what's happening is the weakening

rose to become the company's vice president aged only $36.00 but it wasn't all smooth sailing mr iacocca was fired and $978.00 after a spat with management he then moved on to chrysler which is steer back to profitability after a crisis. in portugal tourism now accounts for 40 percent of economic output it's an especially popular destination for brits keen to soak up the sun but forecasters fear storm clouds are gathering on the horizon as breck's it and competition from other destinations keep people away portugal's dealing gulf coast at the beginning of july high season is just getting underway but hoteliers here are wondering just how many britons will come last year their numbers fell 511-0000 the british are the region's tourist mainstay of the games they were always about 30 percent or more of the total overnight stays now we're down to 292 to 3 percent less that's clearly a break that effect because of the. size break that competition from other vacation destinations is also hurting the algarve hotels here have responded with special offers and the country's tourist marketing boar

iacocca died from natural causes. his funeral will be held on jult 1 in michigan. >>> jack evans faced hours of tough questions trying to convince them not to remove him. evans is accused of using his public position for personal gain. yesterday he addressed his colleagues regarding a metro ethics investigatio but he refused to answer several questions unrelated to that investigation. when council members asked about possible conflicts ofnterests being investigated by federal prosecutors, evans was less than forthcoming. >> the best approach to that is to let the investigations, whicg are lookt all of that, play out, rather than me try to answ that question today. >> i have just lots of questions that areclearly notgoing to get answered tooy. >> yre mischaracterizing a lot and interrupting me. i don't appreciate at. >> now, throughout the meeting evans asked his colleagues to keep an open mi . a vote is planned for next week on whether to remove him as chairhin. >>> new t morning, we have learned metro settled two sex

iacocca rose through the ranks and became ford's esident. but he campaigned against airbags and other safety features. he also championed the lig pinto sports carlater recalled after dozens of deaths. after a falling-out with ford's chairman, he left for chrysler to become its c.e.o. in 1979. just as the company was nearing bankptcy. iacocca saved the automaker by securing more than a billion dollars in federal loans and restoring it to profitability. but his overhaul led to several plant closings and thousands of layoffs. >> no cars are perfect, but these come pretty close. >> woodruff: he became famous for his commercials guaranteeing the quality of chrysler vehicles. and he launched some of the company's most successful vehicles, from minivans to k- cars. what about the quality issue? here aain, you've got analysts who are supposed to be objective, these folks that do the surveys and studies ando forth. >> what cars are you talking about? we have some bert than them? they can't touch this minivan oq wvment reports says it's miles ahead of

e won >>> lee iacocca died yesterday in california. he was 94. back in his heyday, automotive gentlemen could be celebrities. he was the man behind the mustang, the k-car and the minivan. jim axelrod takes a look back. >> no cars are perfect, but these come pretty close. >> reporter: in the 1980s, america had no better pitch man than lee iacocca. >> there's a sporty coupe that's priced so you don't go into sticker shock. >> reporter: a salesman by nature, iacocca became a bold-faced name, as a cigar-chomping ceo, saving chrysler with an appeal to america's can-do spirit and a signature tag line. >> one more thing, if you can find a better car, buy it. >> reporter: born 94 years ago to italian immigrants in allentown, pennsylvania, he started work at ford in the 1940s. his first national splash came in the 1964 world's fair, where he introduced the ford mustang that he brought to market. but saving chrysler is where he shot to fame. >> nobody has anything like them. not ford, not gm, not the imports. >> reporter: at one point, the world's third-mo

the greatness of lee iacocca.ving the dream. >> lee iacocca dead at age 94. >> hi. i'm greg gutfeld. "the five" coming up. president trump revealed plans for the national independence day parade. it's going to be fierce. you have music, flyovers, fireworks. tanks. lots of tanks. plus, a speak by trump himself. me, i don't like parades. for me, it's just the backs of people's necks. but you can set your watch to the media response. >> what is the message that donald trump is tto

after graduation iacocca was hired by ford where he worked in sales. president of ford division when he launched an american icon with the mustang. it was so popular that same year iacocca appeared o the covers of "time" and "newsweek." in 1970 at the age of 46 he was named president of the ford motor company. eight years later he was fired in aersonal clash with henry ford's grandson. so iacocca moved on to a new challenge. taking over chrysler after it had been left for dead. with the help of aederal loan guarantee, he negotiated and t launchedhe k car and minivan. he led an astoundin turnaround. in 1980, chrysler lost nearly four years later it turned a profit of nearly $2.5 billion with the brashacocca as the face of the co >> if you can find a better car, buy it. >> w iacoccate a best-selling autobiography. he was encouraged to runpr for ident in 1988, though he did not. and in an effort that brought fu circle his family's american story he chaired the foundation that raised half a billion dollars to restore the fading statue of liberty and save t

iacocca landed on his feet.got hired as chrysler's ceo, helped that company avoid bankruptcy by securing a loan from the federal government. but the key is, this is what most americans remember, he was an ad man at heart and he kept being an ad man, a pitchman. he was one of the few ceos who actually went on tv to sell his products. i think he was the first to do that. first to really come out on tv, sell his products. he coined the phrase if you can find a better car, go ahead and buy it. watch. >> if you don't agree they're the best chryslers ever made, the very best america has to offer at a sensible price, then i'm in the wrong business. oh, one more thing. if you can find a better car, buy it. david: i love it. lee iacocca was 94. he was a real icon. he was a salesman at heart. that's what i love. all business people no matter what you do, you got to be a salesman. >> not only did he do that, he personalized the brand. when you bought a chrysler, you were buying it from him. there was an individual accounta

levy iacocca convince congress to lend the company $1200000000.00 money that was eventually paid back ahead of schedule and with interest he later wrote several bestselling books throughout the 1980 s. polls repeatedly identified coca as one of america's most admired figures is earlier in his career he was the visual me behind the now classic ford mustang lee iacocca was 94. traverses regular the top stories here about his era the u.n. secretary general has expressed outrage over an airstrike on a migrant detention center in libya's capital tripoli that killed at least 44 people antonia good terror she's calling for an independent investigation and the security council to hold an emergency session soon the u.n. human rights commissioner says the bombing may amount to a war crime. and the u.n. special investigator examining the murder of journalist to marcus shoji wants world powers to reconsider holding the next g. 20 summit in saudi arabia agnes cullum are says she wasn't able to determine who authorized the killing but did find credible evidence pointing to the crown prince's involv

before that at ford, iacocca developed the mustang. once asked about the secret to his success, he said "i hire people brighter than me, and then i get out of the way." iacocca is survived by two daughters and eight grandchildren. he was 94. >> just represents the '80s in a lot of ways. >> absolutely. he's an icon. >> a shame the video looksly sold. makes me -- looks so old. makes me feel old. >>> mourners lined up to honor september 11th hero luis alvarez. he succumbed to a 9/11-related cancer. in his dying days he spoke to congress in an effort to get first responders a permanent victims compensation funds. >> their families would love to have time with them and mine had time with me. >> senate majority leader mitch mcconnell has indicated that congress will address extending the 9/11 victims fund. but when that will happen is unclear. alvarez will be honored with a key to new york city following an emotional appeal by fellow 9/11 first responder john feel on "new day." mayor de blasio tweeting it would be his honor to do so. >>> ahe

i was -- i found this article, lee iacocca was compared to elon musk and it's interesting because iacoccahrysler in an amazing way and when -- if tesla ever gets to one of the really tough moments, will elon musk be able - >> remember, lee iacocca had a government bailout though. >> do you think you ever -- would ever have elon musk who does war with the government on the regulatory body ever call them up for a handout? not a chance in hell. >> let's just remember, iacocca paid that money back with interest and the government made money off it. >> i hated that deal i hated it as a taxpayer picking one sector and saying we'll save you, but not you there's something so wrong about that they should have gone through bankruptcy that would have been the right thing to do and not every government that did that deal bankruptcy not every government that did that deal -- >> you're now talking like bond holders in 2009 as related to gm and other issues >> bankruptcy is a cleansing thing. it is a good thing >> okay. phil, we want to thank you to the other big story of the morning, shares of canopy g

remembering lee iacocca.is leadership helped turn around and rescue some of america's best known car brands. >>> let's go out live to san francisco. a little foggy out there this morning. stick with us. you are watching mornings on 2 . >>> welcome back to mornings on 2. it is 5:55 am. tesla had record sales selling 95,000 electric cars between april and june which may is some of the fears that the demand would dry up as tax credit for electric cars are faced that. tesla expects to deliver between 360 and 400,000 cars this year. >>> lee iacocca, one of the legends of the american car industry died at the age of 94. he was and engineer and rose through the ranks at ford and let the introduction of the ford mustang and the pinto. later he became ceo and rescued chrysler which was on the verge of bankruptcy in the 1980s. lee iacocca's family says he died at his home in southern california at the age of 94. >>> it is 5:56 am. the la angels are playing against the texas rangers. last night the rangers held a moment

visionary lee iacocca dies on tuesday.ou remember him as entering the automobile industry as an engineer trainee, through a series of successes and the invention of the mustang, iacocca became the president of ford at 46 years old. because of tensions between henry ford 2nd and iacocca. he saved the company from bankrupting by introducing the fuel efficient car line and allowing the company to make several different models of cars at a time. he introduced minivans and bringing chrysler back into competition. he made his name known by appearing in commercials. he was listed as one of the world's most respected men. only behind ronald reagan and pope john paul the second. he was 94 years old. we'll be right back. 94 years o. we'll be right back. woman: (on phone) discover. hi. do you have a travel card? yep. our miles card. earn unlimited 1.5 miles and we'll match it at the end of your first year. nice! i'm thinking about a scuba diving trip. woman: ooh! (gasp) or not. you okay? yeah, no, i'm good. earn miles. we'll match 'e

straggly iacocca, the visionary automaker who led both ford and chrysler has passed away. he put the iconic mustang the ford lineup in the 60s. and he wrote two best-selling books. he had a 32 year career at ford and chrysler, and helped launch some of detroit's most significant cars, according to his family. he died of competent patients from park it is disease. lee iacocca was 90 for years old. >>> in the lawmakers bring it lawsuit over the president tax returns. the next round is on miller light. dan king halt at the new york stock exchange with today's in money watch report. >> reporter: the broadest benchmark of u.s. stock stocks set another record another major indexes based finishing higher yesterday. the belle rose 69 point took the nasdaq gained 17 and the s&p 500 added eight points per cost democrats have filed a lawsuit to obtain the president tax returns. the lawsuit comes after months of requests the house ways and means committee. mr. trump has kepthis returns under wrapstanding presidential tradition. the president lawyers spotted to the lawsuit by saying th

lee iacocca battled parkinson's disease. he was 94. >>> turning now to the weather, it's going to be a summer scorcher for much of the country today, so now let's take a look at your wednesday forecast. >>> good morning. we're talking more heat and humidity across the southeast as we head into our wednesday. potentially record-breaking heat from georgia into the carolinas. we've got some of that heat and humidity expanding into the northeast as well. it's going to lead to some spotty storms across the mid-atlantic back into the ohio river valley. when it comes to what it's going to feel like for our wednesday afternoon, this red swath from south jersey into the carolinas, that's where those accuweather real feel temperatures could be up into the triple digits. i'm accuweather meteorologist adam del rosso. >>> coming up, a new way to get kids to drink more milk, but will it work? >>> but first a deadly discovery in the rubble of this home after a massive explosion. what police are saying this morning. >>> and the latest on a

lee iacocca was a titan in the automotive industry. he made a name for himself at ford, ere he led the team that created the very first mustang. he became a householdame in the u.s., starring in numerous commercials for chrchler as the rman of the company. his family says he died of natural causes. lee iacocca was 94 years old. >>> when we cometo back night, honoring an angel. tributes to a major league star a day aft his death. how he was remembered by his team and the nationato ght. >>> plus, a blue crab boom. some good news you'll want to ear ahead of your 4th of july feast. >>> and finals bound. did you see it? team usa scores another win for women's soccer. we'll recap the big vtory and fi >>> special operations chief edward gallagher was accused of stabbing and killing an injured isis fighter in iraq. several s.e.a.l.s testified that in 2017 he stabbed the teen prisoner just after he and other medics treated the boy. but in testimony that may have turned this case a medic testified that he was the one who killed the boy when he p

. >>> today we're remembering lee iacocca. he led two of the three big american auto makers, and joe fryer hasore on his legacy as a captain of industry and man of the people. >> reporter: he was known as the father of the flashy for mustang and promo tor of the less than flashy minivan, lee iacoccey ould not be confined to the boardroom. >> in thisiness, you lead, follow, or get out of the way. >> reporter: he was president of ford for eight years beforee was suddenly fired. but he quickly rebounded going on to run chrysler. he didn't just rescue the company from near nk baptcy, he became its persistent pitchman. >> no cars are perfect, but these come pretty close. >> reporter: he once flirted with running for president but decided otherwise. i know i wouldn't fit. i'm from a different world. >> reporter: he served in other ways like leading the effort to oave the crumbling statueliberty. then in 1992, iacocca hit the brakes. >> well, it's here. time for me to step down, retire as chairman of chrysler. >> reporter: he remain

iacocca died from natural causes. >>> d.c. councilman jack evans faced hours of tough questions from the d.c. council. he was trying to convince them not to remove him as chairman of the finance committee. evans is accused of using his public position for personal gain. yesterday he addressed his colleagues regarding a metro ethics investigation. he refused to answer several questions unrelated to that investigation. and when council members asked about possible conflicts of interest being investigated by federal prosecutors,wa evans s less than forthcoming. >> the best approach to that is to let the investigations, ich are looking at all of that, play out rather than me try to answer that question today. >> i have just lots of questions that are clearly not going to get answered today. >> appreciate your pontificating but you're mischa lot and interrupting me and i don't appreciate that. >> throughout the meeting evans asked his colleagues to keep an open mind. a vote is planned for next week on whether to remove him as chair

lee iacocca passed away yesterday at his california home as a ford marketing executive in the '60s, he helped launch the mustang. then in the '80s, as a ceo of chrysler, he rescued the company from near bankruptcy.ed iacocca di from natural buses. his funeral will held on july 10th in michigan. >>> 5:12 our time right now. still ahead, businesses that rely on metro crowds are feeling the pinch during the summer shutdown. how they're getting by while the major work continues. >> and your grill could be more dangerous than the fireworks if you're not careful. some helpful safety tips before you fire up that grill for the fourth of july. that's next onews 4 today. lauren? >>> well, we're heating up once again and once aain we're going to have that chance of storms. average temperature 88 degrees. but look at this, those temperatures above normal plus wetyave the humidi going to feel closer to 100 degrees. listen, let's time out those ms stor. we have them today. a lot of things going on >> announcer: you're watchingew "ns 4 today." >>> welcome back. some packaged vegetables are being reca

lee iacocca, the charismatic executive who gave america the ford mustang and was celebrated for savingof business, has died at the age of 94. he also led the campaign to restore the statue of liberty and ellis island. at the start of his first term in office, prime minister narendra modi was applauded by entrepreneurs for his flagship sta rt—up india initiative. but with the country's economy slowing, entrepreneurs are hoping for fresh funds from this week's budget. joe miller reports from hyderabad. a blossoming business catering to evolving indian tastebuds, started in a garage just three years ago. boutique brand popicorn has cashed in on a new generation of health—conscious and affluent consumers. it's brainchild of serial entrepreneur, prasha nth gowriraju, who is having to raise more money to support the company's rapid expansion. today we have almost 150 plus people, we are a 25,000 square feet facility, and we are in 1a cities across the country, and we pop about 150 tons of corn every month. when we started off, it was great outcome for us to raise capital in a cheaper way. po

lee iacocca was 94 years old.bal news 24 hours a day, on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i'm courtney donohoe. this is bloomberg. guy j: thank you very much indeed. over to abigail doolittle. abigail: we are looking at gains for stocks in the u.s.. the s&p 500 hitting new all-time highs. the nasdaq up for the sixth day in a row. the stoxx 600 fairly broad, up about 8/10 of 1%. a little bit of weakness for emerging markets having to do with the asian session. 500 all-timep high, let's put it into the perspective of last year. we are basically flat come about at an all-time high back here in september of 2018, more recently in may, last week, and now a new series of all-time highs. buyers are very much in control. helping out the s&p 500, here are the top stocks on the day. on talks ofaring broadcom buying the firm. jeffries financial up 4.5%. they put up a solid quarter, and their trading business stronger than some of their peers. if we t

iacocca was 94. >>> a military jury has found a u.s. navy s.e.a.l.t guilty in the murder of a captured isis fighter. eddie gallagher was cleared of other charges on tuesday. but he was found guilty of posing with a human casualty. the jury is set to deliberate a sentence on that charge in the coming hours. >>> the tanks are rolling into washington, as donald trump gets ready for his military-themed fourth of july celebration. actually a few tanks. but the show of military might is drawing criticism from some as an attempt to politicize the country's armed forces. barbara starr has details. >> we're going to have a great fourth of july in washington, d.c. >> reporter: president trump claims the military is thrilled to be at his self-proclaimed salute to america. there's no way to know if that's true. the military is required to do what the commander in chief says, as long as the order is legal. president trump has wanted to show off the u.s. military in a large-scale public event since seeing the 2017 bastille day friday in paris. white house adviser

iacocca was born in allentown, pennsylvania.gs while he made automobiles his trade, hi parents came through ellis island through italy. he rose through the ranks of ford, and led chrysler back from the brink of failure. he drove a multimillion dollar effort to renovate the statue of liberty, and ellis island, a tribute to his parents whose principles guided him as he once told nbc's tom brokaw in 1984. >> i knew nobody was going to say a nice italian boy is going to take care of them, and that's the work ethic, that's your parents, i mean, i think i told you this, i had to be first in my class. my class had 850, and i was 12th and it was like i did something wrong. my father. but he instilled in us that if you keep your nose to the grindstone, keep doing it, they won't care. he believe in the statue of liberty, and this freedom thing and your ability if you work, it will finally pay off. you might take a lot of crap going up the ladder but it's worth it because you'll score. >> lee iacocca died yesterday at his home in bell air,

lee iacocca was ceo of chrysler. he then helped save them from bankruptcy in the 1980s.e height of his career, iacocca was likely the most popular business person in america. >>> 9/11 first responder luis alvarez will be laid to rest this morning after his long battle with 9/11-related cancer. this was the scene at his wake yesterday. look at this line. it snaked through the funeral home's parking lot as people waited to pay their respects. >> the streets around the church here in queens are blocked off. it is going to be a very difficult day for many people across the city not only nypd. he dies of rectal cancer linked to spending three months at the 9/11 site looking for survivors and then any remains of his colleagues and others across that terrible, terrible time. this was a guy that lost month was able to get -- he had months of chemo throughout cancer. >> this fund is not a ticket to paradise. it is there to provide for our families when we can't. nothing more. you all said you would never forget well, i'm here to make sure that you don't. >> reporter: now, when yo

. >>> and the passing of a corporate legend the auto world remembers the life of lee iacocca after the industry icon died at the age of 94 this is wednesday, july 3rd. "worldwide exchange" begins right now. >>> good morning welcome to "worldwide exchange." i'm contest is a brewer. brian sullivan has the day off here's how your money is setting up the day s&p implied open is up ten points dow futures opening higher the nasdaq up 40 points.-yeartr falling back below 2%. the german bund yield has fallen to a new record low. the ten-year t note at 1.953%. shares of tell la are taki tesle taking off >> tesla popping up 7% the company reporting record deliveries and production of its electric vehicles in the second quarter, confirming predictions from elon musk in an email to employees last month tesla hinting at a strong third quarter saying it has a backlog of orders. tesla delivering 95,200 vehicles, that's a 51% increase from the first quarter and a 5% increase from the record from q4 last year. the overwhelming majority of deliveries were the model 3. tesla says they will deliver 360,00

that was lee iacocca.who treated all with respect and galvanized and jazzed them to think better of themselves and the mission he put before them. he was a friend of the factory floor worker who had all but given up and the bankers who had all but cashed out. he told them all, i can make something here and make you believe we can make a company given up for dead come back the life. the son of italian immigrants who didn't have a penny to their name changed history as we know it, corporate history. so impressive was what lee iacocca did in his 94 years on this planet that many said lee, you should run for president. it was among the many issues i raised with him over the decades i had the honor of talking with him. remembering a legend who simply refused to believe he was. how important is the guy who runs the company to the company's image? >> well, very important. i don't suggest everybody go out and do commercials. we had no alternative. we were going bankrupt and the agency talked me into it and said yo

straggly iacocca the visionary automaker that led ford and chrysler has died.onic mustang in the ford lineup in the 1960s and wrote two best- selling books. he had a 32 year career a ford and chrysler helped launch some of detroit's most significant cars. according to his family, he died of publications from parkinson's disease. he was 90 for years old. >>> it is about 10 minutes before 6:00. the baseball world is remembering the los angeles angels pitcher tyler skaggs. yesterday both of the angels and the rangers paid to be to to the pitcher found unresponsive inside of his hotel room in texas on monday. skaggs hadn't pitched two days prior against the oakland ace. the eagles manager says that losing tyler skaggs is like losing a family member. talk today is one of the hardest days. i know that it gets easier, but it is difficult.>> an autopsy is underway to determine the cause of death and police say that foul play is not suspected. >>> police officers in the midwest jump into action to save a new board. we will show you the special reunion with the mother. >

iacocca became a legend for saving chrysler. he borrowed millions from the u.s. then while he took to the air waves to ask american consumers to give his cars a try, and if they could find something better, buy that. he also warned the united states would lose its steel and auto industry to japan by 2000 and argued for the use of tariffs to level the playing field. chapter 28 of his best-selling autobiography was titled making america great again. ross perot started and sold two businesses for billions of dollars when $1 billion was a lot of money but he became a legend for his 1992 run for the presidency as an independent candidate. his campaign was passionate and honest. he promised to cut federal spending and the deficit, but also to raise taxes. known for his patriotism and old-school values, perot became a hero for a lot of people fed up with the political system. in fact, mr. fix-it said he would drain the swamp by taking out the trash and cleaning out the barn. both men will be missed but their legacies live on. if the nation is lucky, maybe their visions

lee iacocca was also considered a presidential candidate. he was 96. that wraps it up for me. see you back here for "the 11th hour" and tomorrow at 1:00 p.m. eastern. "deadline: white house" with nicolle wallace starts right now. >>> hello, everybody. it is 4:00 here in washington. i'm peter alexander in for my friend nicolle wallace. today with the humanitarian crisis unfolding at the southern border, images of overcrowded and squalid conditions at the migration authorities. and the fourth of july celebration, tanks on the street in advance of a military-style event tomorrow and speech during the evening's festivities at the lincoln memorial that's beginning to look a lot more like a maga rally, especially giving t

former chrysler ceo lee iacocca and anyone who watched tv during the 80s or 90s may remember him as a pitchman for chrysler vehicles and created an entire category of family cars, the minivan. and he also played a leading role in launching another iconic american car, the ford mustang. iacocca was 94. >>> well the los angeles angels and texas rangers finally played the game postponed by the death of pitcher tyler scales. found dead in his hotel room. investigators don't expect foul play or suicide. the team is in mourning. >> he was an exceptional young man with an entire life so full of promise yet to live. i cannot truly begin to say how much we're going to miss tyler and we will do everything to honor his memory. >> a moment of silence was held before last night's game. scaggs pitched for seven seasons and his last start was on saturday against the oakland a's. >>> it is 6:15. what if instead of sitting in a tharpt waiting room, you could get help through your instagram feed. >> this is called insta-therapy, where therapists give advice on instagram. therapists saying this isn't pr

a week after losing lee iacocca. these giants who defined markets, times our politics, perot, big impact, 30 part candidate, got close to one out of five votes. that was then. remembering him later on. charles: one of those vote was mine? neil: is that right? charles: yeah. i loved ross perot and lee iacocca. you can feel their presence in today's economic and political atmosphere. neil: absolutely. >> thank you, neil. i'm charles payne. this is "making money." the dow is having a lackluster session. the dow edging lower for the third session but investors are piling back into the comfort of big momentum names like facebooks of the world and amazon doing pretty well. this as investors, all of us are waiting to hear from fed chair jay powell tomorrow. we'll have a preview, a possible outcome. after getting mercilessly mocked, the socialists on capitol hill say let's go for it again. they are offering a new green deal. we'll discuss that in a moment. attorney general bill barr says there is a legal way to get the citiz

he had to stand by the product that chrysler was making and he sure as heck did that. >> lee iacoccaurging after new delivery production numbers. what is behind the boost stock up 7 1/2% more good news from tesla delta stepping up for passengers in coach you get a free drink, a cat of, of course, to wreak it down fox business neshth determine dca bolton mike block president of clear strategies ronica, welcome one and all watching 10-year yield fall to 1.95% stock record 2 1/2 low. >> lowest since early when president trump was elected. >> would be obvious choice to say you should go against the bond market here the bond market telling us something doesn't stop, data that is justified rate going higher fed going to cut rates if not july sometime soon. data comes in choppiness data point in 12 minutes or so justifies how rates are down here, a lot of people when rates of 3% say they are going to 5, not -- >> i like where you said getting it both ways asset prices risky bid up it also ones that are risk off getting bid up raet portfolio manager saying markets pricing in heaven -- and hy

and he was another industry legend lee iacocca not only created the iconic ford mustang but also saved chrysler from bankruptcy he died on tuesday aged 94 he began his career in 1946 as an engineer or to quickly rose to become companies vice president aged just 36 but it wasn't all smooth sailing was 5 in 978 with management and then moved to chrysler which he steered back to profitability following a crisis. that's the women's up for the world cup where the netherlands and sweden face off in tonight's 2nd semifinal neither team has ever won the title but the dutch will be but by a big following and sweden looking extremely relaxed. don't worry sweden haven't forgotten how to play football after all they've just knocked out heavyweights canada and germany but true to the underdog tag their coach was humble when it came to assessing his team's chances against the reigning european champions from able to. see it have it all and on the other in the euro 2017 finals watching the neverland's play against denmark was absolutely fantastic because that game was very close to being perfect foot

now more than 30 years later, lee iacocca has died.more on that is coming up at 5:00 on news 4 today. >>> the tanks are in town, but the street damaging vehicles aren't the only thing you need to watch for when this year's fourth of july celebration getsa under . >>> two separate shootings sent three people to the hospital in northern virginia. now police are wondering whether the crime was gang related. >>> and the father of the ford mustang is gone.e leiacocca one of the most famous faces of the auto industry has died. >> announcer: news 4 begins with a storm team 4 weather >ert. >>eavy rain poured down on the d.c. region after another hot, muggy afternoon yesterday. the storm ripped the siding off of this home. w. wow. >> we have another hot day with thunderstorms. >> what rolled through tuesday could be a preview of what could be hitting us all week, even tomorrow for the fourth of july. >> it is 5:00 a.m. now. go morning, verybody, i'm aaron gilchrist. >> i'm eun yang. we're in weather alert mode for what is going to he another an

lee iacocca, the charismatic executive who gave america the ford mustang and was celebrated for savingfrom going out of business, has died at the age of 94. he also led the campaign to restore the statue of liberty and ellis island. tesco is the uk's biggest supermarket. a quarter of all the money brits shell out on groceries is spent in one of its stores. in an exclusive interview with the bbc, tesco's ceo dave lewis told us why planning for the new brexit deadline in october is proving "more difficult". yes, in march, for long life things, we did take some stock, in order that if, depending on what the outcome was, we could help customers through that time of turbulence, it will be more difficult to do that in october because all of the network will be getting ready for christmas, less capacity, but we will do whatever is practical, depending on how things develop between now and then, whether it is a deal or no deal, the devil is in the detail, what will it mean for the movement of produce, will there be tariffs, will there be hold—ups at the border, we will have to wait and see. yo