let's get the latest from a journalist jason that company in los angeles welcome jason you're quite close to molly blue how people who've lost their homes in that awful beach they say coping. they're frustrated they're extremely frustrated last night there was a town hall meeting where some of the residents who have been evacuated there are families and loved ones were able to come in and ask questions of city officials and some state leaders as well as well as fire response leaders and they don't know when they're going to be able to get back to their neighborhood they don't know when they'll be able to see if their home is just a chart pile of rubble and they're expressing concern oh what are firefighters doing how come they're not battling this fire more vigorously some people are saying that they watched their neighbor's house burn down and there was not a firefighter in sight so frustration levels are getting very very high i what is the strategy of being employed by the firefighters and other looking to extinguish the fire as well just trying to contain them and let them burn themse

scott that is from jason company who's a los angeles bureau chief for n.b.c. news radio welcome jason let's talk about the number of missing which is more than doubled in the last few hours from around three hundred and now to six thirty why is that. it's pretty astonishing and what we're finding is that people had to leave at a moment's notice and unfortunately that fire was raging so fast and so hard it looks like many people were unable to get out crews are now using cadaver dogs looking for decomposing bodies in the rubble and a whole family of the number is going to go down as investigators figure out who people are in some of the evacuee shelters they left without a cell phone left left without their wallets their identification they have nothing and unfortunately people can't get in touch with loved ones because there's no cell service either it's a really trying time in northern california right now. tell us more than about the search through through this rubble what are people having to deal with one of the rescuers having to deal with well right now i

jason: and a look at publicly traded companies with special mention in 2019. carol: and what is next for u.s. politics? it's never too early to start talking about 2020. jason: we start with josh green in washington dc, author of "the devil's bargain." the campaign for the presidency has begun, which makes things tricky for democrats. josh: we will have a big clash between trump and democrats. i'm looking at pressures that will fall on the democratic party. they have fodder for two years in the minority -- fought for two years in the minority. now they have oversight and control the house. that will bring pressure. the party will begin to spilt into the -- split into the governing wing, and then as many as two dozen democratic presidential candidates jockeying for primary voters. it looks to me like those groups could go in different directions. carol: this makes it difficult. josh: democrats have been saying, for two years, we will be a check on trump. that's largely why we got elected -- they got elected. if you are a presidential candidate, you are worried a

jason: plus, more from bloomberg businessweek special your head. the top companye are keeping our eye on. carol: this is bloomberg businessweek. ♪ welcome back to bloomberg businessweek. i am jason kelly. carol: i am carol massar. you can also listen to us on -- sirius radio. jason: and on london dab digital and bloomberg business app. carol: in this week's special issue, the year ahead, we turn to the european central bank. mario draghi is in his final stretch as the european chief, but for his term ends, he may do something he has never done, raise interest rates. jason: key and others of the council are hinting that their first moved to undo more than half a decade of stimulus might come before his exit at the end of october. here is still in black. dashers kristi noem flat. term happens his in october of next year. he would have been in his position for 18 years. he has not raised rates once. carol: in seven years. >> writes, and he began by lowering them. so -- right. and he began bellowing them. we anticipate at that point toward the ends of his term, what i

jason: plus, a look at publicly traded companies worth special attention in 2019. rol: and what is next for u.s. politics? it's never too early to start talking about 2020. jason: we are already talking about it a lot, which is why we start with josh green in washington, d.c., author of "the devil's bargain." in this week's "bloomberg businessweek" story, the 2020 campaign for the presidency has begun, which makes things tricky for democrats. josh: we will have a big clash between trump and democrats who won back the house. i'm looking at pressures that will fall on the democratic party. they have fought for two years in the minority. now, democrats have subpoena power. they have oversight. they control the house. but that will bring pressure on the party. what you will see in 2019 is the party is being split into two factions. you will have the governing wing led by nancy pelosi in congress, and then you will have as many as two dozen or even more democratic presidential candidates jockeying for the hearts and minds of primary voters. it looks to me like those grou

jason: putting silicon valley on edge. joshua: these companies have insinuated themselves so far into our lives, that there is not that much more of a place for them to go. apple cell phones are their main business. people do not buy phones as frequently anymore, and there is not reasons to buy the new one, because they have gotten so good. jason: and they are not going to give unit growth numbers going forward. joshua: that is a signal to investors, we don't think we will be selling quite as many phones. carol: we are trying to reconcile that earnings for all these companies, we are seeing this dramatic slowdown, with so many of these names. we have been here before. people have said, big tex, they are over -- big tech, they are over. joshua: before you write a story about how big tech is troubled, you want to go back and look. stories from several years past talked about how we are in a bubble. there is an industrywide is slowing going on. carol: we talk about google. they are not just a young startup. they are acting like a more traditional co

carol: our global data team sifted through 2000 companies. jasonaught up with the person behind the list. >> it is a list, not a ranking. lists can sometimes be offputting. but you will learn a lot. energy companies, not surprisingly. every year we will see a good batch of energy companies. we have several, like marathon. there was a huge acquisition. with28 billion merger endeavor. -- $23 billion merger with an endeavor. 2019, it will be the largest u.s. oil refinery. that introduces factors for the of attention. -- worthy of attention. spend so much time thinking about the companies that disrupt our world. energy companies are still big players globally. dimitra: there is so much happening with them. those are the reliable companies year after year. inol: we saw that going on 2018. restructuring will still be the story next year. ford has been on our list a few years in a row. has the story fundamentally changed? include it again? detroit is , in yes. -- is ,yes. this restructuring plan is not delivering as quickly as investors might -- this rest

jason: want to bring you breaking news. softbank to invest $2 billion in saidean e-commerce site, to value that company at $9 billion. t it again. alix: talk about e-commerce. jason: talk about an investor people tend to follow and it has disruptive the most forces in investing out there, continuing its vision fund, calling it a guerrilla is probably an insult to gorillas. have $1 trillion to invest, you have got to invest. jason: e-commerce on the minds of retailers. let us turn it over to taylor riggs. going to start with lows and get to some of the other retailers. it points to a weakening housing market. i am looking at lows. strugglecontinuing to with inventory and turning visits into sales. the sharee seeing is price versus home depot which had been outperforming. they are dragging down home depot with them. target is a big one we are watching, off almost as much as 11%. the problem is, they expect that number to slow further next quarter. we have seen that with all retail where the numbers are ok but there is so much uncertainty that the share price is reacting much harsher. i want to look at some of the margin

companies were going to slow down. they could not grow forever. it is the nature of public markets. you get too excited when things are good and pessimistic when things are bad. jasonhow much of that plays into -- the stock market is measuring enthusiasm more than anything else. joshua: part of that is coincidence. when you have companies that make products that are such a big part of our lives, everyone will have an opinion. there is a connection. the interesting thing will be, as these companies start to hit leaner times, they will have to squeeze profits in ways they have not had to do before. jason: the other thing -- carol: the other thing, as you get to be more dominant, everyone you and your power. i feel like that's been true with social media because of the meddling into elections and privacy issues. then comes the regulators. that can change an industry. joshua: that is one of the things going on. investors and the companies, really there is an anticipation something will change. they don't know what, but that some regulation will come. is it antitrust? new privacy rules? there is a fear that is going to make these companies less profitable. also, some un

companies. they are lending money to them. you as an investor are participating. jasonat time of the year. the holiday gift guide. carol: we caught up with our editor to take luxury to a higher level. >> our theme is "leveling up." if you have a pair of gloves, we want to give you the perfect gloves. it was really fun to put together. jason: what's your favorite? chris: it's this bke he -- bike helmet connected to your phone and remote on dollar -- your handlebars. it can give you turn by turn directions and light up signals on either side so cars driving in the dark can see which way you are going to turn. you can answer phone calls. carol: do you still here with going on around you? chris: yes. it goes for $169. carol: another one? chris: it's called mr. black. it's cold brew, coffee liqueur. i'm a huge cold brew person. it's a liqueur that tastes like cold brew coffee, with a rich flavor. they recommended cocktails with it. they said have it with mescal, but it's actually really good. the flavors really work together. this is really versatile. everyone we've given it

brad: jason, following this, have the prospects changed from regulatory action or actions like splitting up the country? -- or antitrust actions like splitting up the companyson: the ftc is the most important regulatory group at this point. they are investigating facebook and they told us that. we don't know when facebook knew about the issues and the timeline. there is a lot of questions that they need to be asking. there is a significant find behind that and they could possibly push to break up the company. we think that is unlikely, but it is worth pointing out also that there was a surprise appearance at the end of the hearing today by a former cto of the ftc. he just happened to be in london and they asked him to come over about something he tweeted. he specifically got in front of the committee on short notice and said what richard allen had told him hours earlier was either misleading, false, or a lie. there are a lot of questions the ftc should be asking now. brad: how does facebook feel at the end of this committee hearing? jeremy: i'm sure they don't feel great. they took quite a battering. on the other hand, in a way by denying the committee --

companies are not ready for chinese ai. jasonthis is "bloomberg businessweek." ♪ jason: welcome back to "bloomberg businessweek." i am jason kelly. carol: i am carol massar. you can also listen to us on the radio on sirius xm, and in new york, boston, washington, d.c. jason: and in london and on the bloomberg business app. carol: trade tensions remain on the rise, an exclusive saying u.s. officials are planning to announce tariffs on chinese exports if talks proved fruitless. jason: here is taylor riggs breaking down the billions of dollars of goods moving between the two countries. taylor: it is not dollar for dollar. we export to china a lot less than we import. i thought a terminal chart would do good. we have the u.s. exports to china, only $155 billion, versus imports, about $.5 trillion. we import a lot more. on thursday, president trump was tweeting about talking with the chinese president ahead of the g20 summit. saying, trade talks are going well, but we never know. carol: we never know, indeed. thanks so much. the quest

the company's controversial plan to bring its search engine to china again. jasond the recent silicon valley selloffs. is this the new state of the tech market? carol: this is "bloomberg businessweek." ♪ jason: welcome back to "bloomberg businessweek." you can also listen to was on the radio, in new york, boston, washington, dc -- >> in the bay area and in london. google and the great firewall of china, in the feature section this week. google is blocked by the great firewall of china. it decided that having to edit controversial links was unacceptable. jason: has google now reconsidered? was they were going to make a series of compromises with the chinese government. the chinese internet is very different from our internet. there, youusiness have to deal with the government on a continuing basis. you will have to make sure that various stories told the party line, -- toe the party line, as it were. the government really increased company.ure on the they were censoring 100 or so words. tens of thousands of source.s -- of sources. to the source code of google? max:

jason johnson is politics editor for the root and a friend of "the beat." patrick murphy back on the show, he was with us earlier and alicia menendez, a co-host of pbs's "amanpour & company." jason, this building behind us has been controversial. they returned the votes and found the democrat going down a little bit. where do you see this going now? does that give people confidence the democratic fix wouldn't be in? >> that won't matter to republicans who think everything is fixed. i talked to people with their q anonshirts who think this whole something a scam and votes have been created out of thin air. so that won't change the conspiracy theorist. but the democrats and independents, they're concerned. the vote count is changing. it's like instant replay. we don't care if it takes a long time, we just want to make sure you get the call right. and you should haven't these discrepancies and you'll have lawsuits and there will be concerns after monday. >> so you're taking the nuanced double position here. on the one hand, there is not the kind of fraud the president has lied about. on the other hand, florida doesn't do elections that well. >> they don't and they don't eve

the company's controversial plan to bring its search engine to china again. jasond the recent silicon valley selloffs. was shocktober and overcorrection or is this the new state of the tech market? carol: this is "bloomberg businessweek." ♪ jason: welcome back to "bloomberg businessweek." i and jason kelly. carol: and i'm carol massar. you can also listen to was on the radio, in new york, boston, washington, d.c. -- and on the bloomberg business app. carol: google and the great firewall of china, in the feature section this week. google is blocked by the great firewall. this is a program of government censorship. google decided to have to edit links was unacceptable. jason: has google now reconsidered that? >> the plan was they were going to make a series of compromises with the chinese government. it is important to say the chinese internet is obviously very different from our internet. if you do business there, you basically have to deal with the government on a continuing basis. you have to agree to more or less censor certain topics and make sure various storie

when the president goes up to gm and blames the company, jason, it was president trump who said to cartry, we're going to open plants, don't you sell your job. mary barra didn't say it. what do you make of these lies? let's just leave it there. >> i had students -- i know people who worked at the lordstown plant, which has now been shut down, right off of 422 in ohio. a lot of regular people, they blame gm. they blame china. they agree with the president. even as they are suffering, they believed in the grand scheme of things this is the president standing up to china and this is gm screwing us over again and we finally have a president who is fighting on our behalf. that may not make sense logically. but i'm telling you there are people out there who believe it. >> except he's not fighting on their bav. the president didn't put anything in place when he gave, for example, the extraordinary tax cuts that said we're going to get these tax cuts but you need to do x, y and z. >> the president, depending on -- >> -- you look at the language, many manufacturing companies are more incentiviz

jason: coming up, according to reports, the u.s. may roll out tariffs covering all of china's $500 billion in exports. lee saysd u.s. companiesre not ready for chinese ai. jason: this is "bloomberg businessweek." ♪ jason: welcome back. carol: you can also listen to us on the radio on sirius xm, and in new york, washington dc -- >> and in london and on the bloomberg business app. rol: u.s. officials during to chinesee tariffs on exports. jason: we break down the billions of dollars of goods. lor: it is not dollar for dollar. have a good explanation so you can see how this all breaks down. only $155 billion, versus imports, about half $1 trillion. on thursday, president trump was tweeting about talking with the chinese president ahead of the g20 summit. trade talks are going well, but we never know. carol: when the rubber hits the road for the chinese economy is the question. tariffs are expected to slow chinese gdp growth by half a percentage point in the year ahead. check out this chart. if the u.s. follows through on their threat to raise tariffs further, growth could be slowed by 1.5%. jason: when you see it in black and wh

for the latest on those fires we're joined now by janice chase and company in ridge on the beach at los angeles jason. on the beach in los angeles tell us about the fi is near you. i'm about forty minutes or so south of the fires and as you can see behind me the smoke is completely engulfed the south day down here in southern california the helicopters are up the airplanes are up and they're dropping massive amounts of water on the flames the problem that they're running into is people are not evacuating when they're being told to evacuate and about one hundred fifty one hundred fifty homes have been destroyed but that number is expected to climb firefighters just can't get into neighborhoods it's still too it's still too dangerous jason what about the weather conditions it sounds as though they are feeling the fi is. it's absolutely correct the winds are expected to gust of about seventy miles an hour today later on this afternoon and that's exactly what's happening is now firefighters have to chase this fire towards the coast and they can't catch up it's just bringing embers from a fire in one area

jason: can you go back to the office? lemonis: this company cannot move forward unless it has the space. and honestly, neither can larry. larry: listen, i'm a creative guy, and i've got a lot of memories in there [ voice breaking ] that i need -- i need access to. wow. lemonis: look, it's clear to me, as i watched larry sort of melt down through this process, that this is hard for him. he's got his heart and soul in this business. but in order for this business to move forward, he's got to trust the process. this isn't just for the business. larry needs this, too. larry: it's 19 years, and you can't just throw it all out. you know where the plastic is? jay: you said you were gonna take care of it. larry: it's supposed to go out monday. i have a slight issue with the hospital light. we're missing a critical component. lemonis: i know we have more work to do at the warehouse and some key staff positions to fill, but we also have bills to pay and need to keep the money flowing. so i'm taking larry and janelle to gotham lighting, one of the larges

jason: before we came on set, you said maybe it won't hit apple stocks. maybe this is a companyng to get its house in order. i look at it and think it is not good news for apple. alix: it is not good news, especially when goldman downgrades the target three times in the last month. jason: a number of suppliers have come out and said business is not so good and most worryingly, you have had researchers come out and say people are just not digging the new iphones. third company story we are watching is ge. we have to bring in brooke sutherland of bloomberg opinion. a lot of different angles for this one but the big part is the credit market. brooke: i want to highlight the decline in ge's perpetual preferred shares. a real significant drop. these are some of the most actively traded securities for ge. abouteoning concern whether or not the company can handle its liability. as you said, this is sort of the big worry on investors' minds. the angle to this is the credit line. they are advertising that as a backstop in terms of their ability to deal with these liabilities. the flipsid

and you as an investor in had a company are participating in that risk. jasonto pursuits. it's that time of the year again. the holiday gift guide. carol: time to make a shopping list. don't let your loved ones suffer. we caught up with editor chris rouser with the 47 gifts that take luxury to a higher level. >> this year, we decided our theme should be leveling up. so your friends may have -- you know, they might have a nice pair of gloves. but we want to give you the perfect montclair gloves which is like level up flair winter wardrobe and level up their gym and level up their den and some really fun to put together. jason: so where do we start? what's your favorite leveling up? >> so my favorite item is actually not one of the most expensive ones. it's this live all bike helmet. it's a smart bike helmet. it's connected to your phone. and also connected to a little remote on your handlebars. it can play music for you. because i hate it when i see people with headphones biking in the city. that's so dangerous. it can give you turn by turn directions and also h

as it ices from journalists adjacent company who's in los angeles welcome jason so inquiries into the causes of the fires have begun where authorities looker. right now they're looking at two power companies in northern california p.g. and e. actually warned some of their customers prior to the camp fire that started there saying that hey we're having some malfunctions in the area but they apparently didn't do anything about it in southern california so cal edison reported some mouse functions at a substation two minutes before the rules lee fire was reported just north of malibu and state investigators are on scene today they're sifting through what they can and they're getting into the areas where they can where firefighters have deemed it safe so where we're going to speculate at this stage as as the inquiry is only just begun but if these power companies find thousands to be out folds what sort of sanctions are they likely to face. major in it to make it simple but they also face a lot of lawsuits people who have lost their homes family members who have lost loved ones they can ho

jason from arizona. >> caller: booyah from scottsdale my company is stor. >> this is a hard to understand real estate investment for us. some of these read as houses of pain i am not going to put you in that address it is not right. let's go to pietro in new jersey. >> caller: hey, jim, someone called on this before and you were going to check it out ctso, buy, sell, or hold >> i said i would check it out, my bad i can't end on that. let me end on a better one i am taking one more i am going to rick in florida. >> caller: hello jim. oh, thank you for taking my call i really appreciate it. >> of course. >> caller: what do you think of cisco at these prices. >> i am telling members. buy, buy, buy. that is the conclusion of the "lightning round". >> announcer: lightning round is sponsored by td ameritrade yeah,. i don't want any trade minimums. yeah, i totally agree, they don't have any of those. i want to know what i'm paying upfront. yes, absolutely. do you just say yes to everything? hm. well i say no to kale. mm. yeah, they say if you blanch it it's better, but that seems like a lot of work. no hidden fees. no

jason. i've also connected the casery with public pool, a company that connects brands with designers from aroundand fresh ideas. jason: these are some designs from a public pool designer that we think is a good direction to go in. lemonis: the current demographic is women 13 to 35, and in order for this company to be successful, it has to be gender neutral. xavier: i really like this one, for sure. charlotte: i really like this one, too. i think this is really cool. i think that some guys would actually wear that. jason: so, this is just the first step in a filtering process to get down to your final designs. lemonis: jason and the team at public pool will help charlotte have additional hands creating things so that all the burden doesn't fall on her. this is, like, a sick opportunity. charlotte: yeah. this is really cool. lemonis: all right? charlotte: very cool. lemonis: thank you very much. charlotte: awesome. yeah. thank you guys. lemonis: thank you guys. ♪ what are you frustrated about? skyler: i don't know. it's been a long time. lemonis: want to go in here, and we'll talk, wait for everyb

jason mcdonald. i'm the division president of a large title company here in san francisco. i've been here in san francisco for about 25 years, helping my associates and partnering with them in some of these development in real estate. i think development as we have all heard this evening has been an ongoing problem here in san francisco. i think this development is a great opportunity to not only get more great housing into a wonderful neighborhood but to also bring great housing with great parking. parki parking is tough. it was tough for me to get here today, find a place to park. i think any time we bring in housing, we can bring teachers in and some of them that can stay. we heard about renting and the expense and difficulty of that. i think this is a great project. it's one of my favorite neighborhoods here in san francisco, but i also think it's a neighborhood that is in need of a refresh in some areas and could use some additional housing, and this is a great project, so i hope you all see these others, and i hope you see the feedback and take a look at this, and i h

jason: it is hard to imagine reading this story on its own in thinking we should write that check. david: what happens to the company still don't have a ceo. there is talks of merging it with viacom. jason: and remember, -- comes out of the videogame world. the fastest growth -- growing area of content right now and this is a young guy. ambition andof certainly has a different take on the media world that some of the old guard media. he -- at the same time, take two is very successful. remember back when he was a young man, the first tentative of -- the first head of entertainment for fox. he knows the entertainment industry, the television industry. alix: and les moonves did a great job in programming at cbs. many thanks to jason kelly. you want to tune into jason for business week every day on bloomberg. coming up, lawmakers react to the white house's bid to gloss over saudi behavior after the killing of journalist jamal khashoggi. this is bloomberg. ♪ david: what i'm watching right now is the senate and saudi arabia. the foreign relations committee had a meeting and said they want to hear what exactly happened wi

service program as a way to get entrepreneurs to start their own delivery companies and support the massive demand amazon has. >> jasoning about mobile earlier, it looks like mobile could catch up to desktop soon in the next couple of years in terms of actual purchase we talked about bricks and clicks the omni channel idea, shopping for something on a digital device, then going into store to pick it up, are we understating what will influence because of that trend, people aren't necessarily buying on the device but doing everything but >> we have seen an incredible rise in this buy online, pick up in store phenomenon. we started to measure data in january, it is up 120% since then for large enterprise, greater, 250% increase year over year for buy online, pick up in store behavior it helps consumers skip lines, pick up at their convenience, and know from surveys, merchants like to browse in stores up to 60% of millennials say they need that in the store. >> thank you both. >>> let's get back to gm general motors is going to close down at least three of it's semably plants by end of next year, cutting 16,000 jobs. on p

even small companies have to deal with these larger issues. jasonone of the draws for students coming to any business school is who will be teaching them. what are they going to be learning. one thing stamford is focused on is having practitioners come in. your team teaching with some pretty notable people. rob: you get these amazing people who will come here. the students are incredible. i do one class with erin levy, and a class of the former ceo of ge. we get a combination of practitioners with lecturers and tenured faculty. we get a great foundation of the academic work and what is it like in the real world. jason: one of my favorite things is you are an alum yourself. one thing you got it was learned from andy grove and work on his book, a seminal work. carol: andy grove of intel. jason: he was one of the first -- rob: he was one of the first lecturers. i went to work for intel when i graduated 25 years ago. and he was an amazing person. we had a situation for he decided to write the book and i did his research. and it was really a teacher. he

company, now much lower. so it has a long way to go. jasonank you so much for the stock of the hour a red from new york, this is bloomberg. ♪ traditionally, only think about maritime, the given the crease relationship between asia and latin america, -- >> infrastructure sounds nice, but if it does not generate business, it is not good infrastructure. note said clearly we are building a garden in our backyard. we are interested in building a beautiful garden with beautiful -- and jointly all the nations in the world. [ phone rings ] what?! ready for christmas? no, it's way too early to be annoyed by christmas. you just need some holiday spirit! that's it! this feud just went mobile. with xfinity xfi you get the best wifi experience at home. and with xfinity mobile, you get the best wireless coverage for your phone. ...you're about to find out! you don't even know where i live... hello! see the grinch in theaters by saying "get grinch tickets" into your xfinity x1 voice remote. a guy just dropped this off. he-he-he-he. jason: this is "balance o

jason brooks. mrs. walker. michael vasquez! come over here. i've heard such good things about you, your company.t have done any of it without you. without this place. this is for you. michael, you didn't have to... and, we're going to need some help with the rest. you've worked so hard to achieve so much. perhaps it's time to partner with someone who knows you and your business well enough to understand what your wealth is really for. tracking the rain. this is a live look out at lafayette. isn't that beautiful? sunrise the golden pink colors in the sky. we are talking about better quality and rain. hi-def doppler a closer look at doppler as well as time to get out for you. you will see the rain where you are coming up. >>> in new york this morning, firefighters say at least three cars burst into flames after a crash on the brooklyn bridge. authorities say one person is dead, five others are hurt. the crash shut down both sides of the bridge during the morning commute. >>> a nationwide health warning right before thanksgiving. >> the centers for disease ne may not be safe to eat. it's in respons

company is doing business with thousands of schools worldwide. matt rivers on the subject of teaching children to build and code at the same type. >> reporter: when jasona kid, toys didn't look like this, no robots, just model cars or plastic figures. >> i grew up in a very floor family. >> reporter: wong who comes from eastern china studied robotics and came up with a new idea, he called it make block. here's the concept. you buy a kit starting around $80 that comes with metal building blocks, but also motors, gears, and modules you can program through basic coding to do fun stuff like play music, walk across a table, even fly. this 5-year-old start up isn't much of a start up anymore. make block is one of the rare chinese tech companies finding commercial success outside china. and the late of the funding round valued the company at more than $350 million. >> many schools, not only in china, outside of china, many schools need this kind of solution to help to build robots journey began close to the supply chain and much needed money. he got early investments from hacks, a capital group that helps ideas get off the ground. more funding applicants are

jason, the trump tower is at the heart of cohen's plea deal and now you have trump's company with a huge putin. it's worth remembering that after all his denials what donald trump told msnbc in 2013 because we talked to him at the miss universe pageant is having interesting what he had to say about vladmir putin. let's play that. >> do you have a relationship with vladimir putin, a conversational relationship or anything that you feel you have sway or influence over his government? >> i do have a relationship. i can tell you he's very interested in what we're doing here today. >> when you listen to that from 2013 coupled with your reporting about the penthouse offer, what's your first thought? >> first thought is what trump had been saying in previously did not line up with the denials that he and michael cohen and the trump organization had issued on the campaign trail. >> let's talk about this $50 million offer. how serious was it? >> felix sater describes this as a marketing ploy. a plan in which to try and win support and the funding to get trump tower moscow built. michael cohen too

companies expect to see their donations repaid over five years. the same timeframe over which the housing trust looks at 5000 units of low income housing and more tech donors. in mountain view, jason gary, fox news. >>> a couple that graduated from san francisco state is giving the school the largest donation in the history of the university. george and judy marcus are donating nearly $27 million to san francisco state. most of the money will go toward helping liberal arts students. the rest will be for athletic scholarships. the couple attended the university during the mid- 1960s.>>> around here we have some rain to talk about. it is going to be mainly tomorrow night. the next significant system will be wednesday night into thursday morning. this is the system that went through today. you can see it pretty clearly. the area off to the east just explodes into the picture here. this is a very aggressive low pressure system that has cold air, warm air, strong jet influence and it is going to arrive tomorrow night. it could produce a couple of inches of rain in a couple of hours. it is going to move through pretty quickly but will pack a punch. you are going to hear on the rooftops.

. >> this army veteran, jason, got a job in workforce develop for a commercial construction company. through the nonprofit, homebuilders institute. >> will we get people out on the jobsite the employers are so happy with them they call us back and they want another one just like that person. >> the home depot foundation launch this in 2017 and has committed 50 might also train 20,000 service members over the next 10 years. the home depot ceo says is a way of giving back while also addressing the nations shortage of skilled labor. >> need plumbers, electricians, people that can work on hvac units. the gap is pretty significant and there's a couple hundred thousand folks transitioning out of the military every year and into civilian community. reporter: by 2025 the home depot foundation will have given half $1 billion to veterans causes. including the gary sinise foundation which built a specifically adapted home for a veteran that lost both legs to combat injuries in afghanistan. >> you may be just blessing someone but to the person getting it makes you say man, if they made me feel l

. >> it's like the advisories that companies give it's not what they do but what they say in the forward guidance thank you, jasonfinancial and chris zaccarrelli of the independence adviser alliance >> now dom chu with e cigarette maker juul >> juul, who is the pre-emptively largest e cigarette company in america has released a statement formally now outlining a plan that they're going to put in place to combat underage use of vaping products in a blog post on the company's website they are now saying that they are going to as of this morning stop accepting retail orders for certain flavored products including mango, fruit, creme and cucumber juul pods to over 90,000 retail stores that sell our product including traditional tobacco retailers like convenience stores and specialty vape shops they also say that in the future their plan, again, is to take a look at some of these things they will only start accepting orders for those flavored products from retail stores that can legally sell flavors and comply with the criteria of some of their new 21 and older distribution systems they have also outlined plans to tak

jason brooks. good morning. >> good morning michelle and kenny. a shocking development in the auto industry with the nissan chairman being forced out, and the companyllegations of financial misconduct, and he is a legend in the auto industry, a force shaping the partnership with nissan and mitsubishi, and now it's under threat with him being out. there's reports he's under arrest in tokyo because he didn't declare as much income in security statements, under $44 million. shares will be down from that story. >>> apple continues to cause concerns for the tech industry, and the wall street journal reporting that apple has cut iphone production orders even deeper with the newest iphones, and that's causing supplier problems, and we saw a number of key iphone suppliers over the last week report weaker earnings because of softer iphone demand, and that has really hammered apples stock over the last few weeks, and again down today by about 2.5%. that's a big drag on the blue chips and the tech-heavy nasdaq. let's go to the board to see how we are doing this monday morning. the dow losing over 60 points. the nasdaq down 55, and the s&p falling by 7 points.

jason: hey, guys. nice to meet you. trevor: trevor. travis: travis. brad: brad. lemonis: printed village connects artists from around the world with companiesr their products. the artists earn a royalty, the company gets some great designs, and everybody wins. it's a business with purpose, and it makes it a great fit for our company. take a minute, the three of you, and i want you to pick out designs that we're gonna launch. travis: okay. lemonis: okay? guys, there's all these, as well. stay on story. you were selling these watches for $35 retail price, and they were costing you...? travis: $5. lemonis: $5. and so if they end up costing you $10 or $11, i think that the perceived value difference between plain one and this, it's got to be $15 or $20. flex's watches used to cost them $5 to make, and they would sell them for $35. licensing printed village designs will cost as additional $5, bringing the total to $10. but it will also boost the perceived value of the watch, allowing us to raise the price of the watch by as much as $20. so that $5 investment will end up yielding the company an additional $15 in gross profit. trevor: all right. l

company. you were right. lemonis: if i can't get him to start acting like a leader... why doesn't larry kind of give out the jobs? jason a habit to micromanage to an extent. lemonis: ...and stop acting out of fear... i sympathize with you, but i kind of don't give a...anymore.