our clerk is john carol. i want to thank sfgovtv for staffing this meeting. >> please silence cell phones. your completed speaker cards should be submitted to the clerk. items today will appear on the may 21st supervisor's agenda. >> please call the first a tem. >> a hearing to consider the premise-to-premise transfer of a type-21 off-sale general beer, wine and distilled spirits liquor license to dalda's inc. doing business as dalda's market. >> i am from the san francisco police department. they applied for a type-21 license. if approved they would be allowed to sell the beer, wine and distilled spirits. they are located in 176 which is a high crime area. 125.01, a high saturation area. tenderloin station has no opposition. they approve one sales service and consumption of the alcoholic beverages between 8:00 a.m. and 12 a each day of the week. the petitioner shall be ponce ie responsible for obtaining the area of litter adjacent to the premises. petitioner shall actively monitor the area under their contro

carol: and cisco ceo john -- chuck robbins joins us for an interview. talk about cybersecurity, the ban on huawei and more. chuck: about eight months ago when this began, our teams proactively thought about it. we made the status that we have -- statement that we have parts of the strategy and would continue dialogue to influence the outcome. second, we would optimize our supply chain. we have the capacity to move things on a regular basis. our team does that as part of doing business. the third was that if we could not mitigate it, we would pass through pricing. our team has done an amazing job thatn the past few months the latest 25% really had a nominal affect, from a pricing perspective. they did such a good job of optimizing supply chain. carol: is it more difficult the longer this goes on? chuck: my bigger worry is, if we move to the next phase, the concern is not for the impact on us. my concern is on the macro and what it does to customers and -- customers overall sentiment. jason: what are you hearing from customers at this point? i feel like n

jason: and how jeff bezos bank account would stack up against john d rockefeller. carolsco ceo john robbins joins us for an interview. jason: we talked about tariffs, five g technology, cybersecurity, the ban on huawei , and so much more. chuck: about eight months ago when this began, our teams proactively thought about it. we need the statement that we have parts of the strategy and would continue dialogue to influence the outcome. secondly we would optimize our , supply chain because we have a globally distributed supply chain and we have the capacity to move things on a regular basis. our team does that as part of doing business. the third part was that if we cannot mitigate we would pass it , through pricing. our team has done an amazing job with the latest 25% really had a nominal affect, from a pricing perspective. they did such a good job of optimizing the supply chain. carol: is it more difficult the longer this goes on? chuck: my bigger worry is, if we move to the next phase, the concern is not for the impact on us at cisco. my concern is on the macro and what i

our clerk is john carol. i want to thank sfgovtv for staffing this meeting. >> please silence cell phones. your completed speaker

carol: up next, a museum holding a painting valued at $25 million. jason: plus, if you think jeff bezos or warren buffett are wealthy, they are, but wait until we tell you about john all about perspective. this is "bloomberg businessweek." ♪ carol: welcome back to "bloomberg businessweek." jason: you can also listen to us on the radio on sirius xm channel 119, and on a.m. 1130 in new york, 106.1 in boston, 99.1 f.m. in washington, d.c. carol: a.m. 960 in the bay area, in london on dab digital, and through the bloomberg business app. in the money issue, free ports, or call them secret museums. text: they are tax-free facilities that can hold art out of sight for decades. so check this out, it tells you how big these facilities are. 559,000 square feet, that is a lot of football fields. carol: we are seeing more come into the united states, all of this away from tax collectors. reporter hugo miller has our story. >> free ports get a bad name. they are, in theory and in practice, a perfectly legal way for people to store art essentially free of tax. the free refers to the duty-free element. the port refers to massive, dry land storage facilities. anything that is ess

john: double-digit -- carol: double-digit? john: sure, if not more.keep it a high-growth company. we have big plans and we think we are in the first inning. we have close to 500,000 subscribers now. we think we could have 100 million subscribers. we are very early. jason: will we see some consolidation in this space? john: we recently hired a pretty big m&a had. we will -- head. we will continue organically growing. we will be smart. jason: will that be in the physical or digital space? john: we will be opportunistic. we listened to our members and community. where it feels like they want us to go, we will listen. carol: you get a lot of data. this is a lot of technology in what you're doing. what are you learning about the typical peloton user? is there a typical user? john: we have 49 states represented here this weekend. we sell a bike to a state every day. male, female, gay, straight, black, white. it is a beautiful diverse community that we are proud of. they are uniting on our platform. we are proud of that. we are using media muscle to bring pe

jason: also here at milken, you got to catch up with john demers. carol: it's so topical.lking about state entities tapping into american corporations. jason: it's about computers, but also good old-fashioned spy craft. >> i am here to talk specifically about china's economic espionage. talk to the business leaders about the threats to their business and investments posed by the threats to intellectual property sponsored by the chinese government. jason: what does that threat look like to the average person, the average businessperson. what should they be worried about? >> the combination is a cyber threat, very often an insider threat, and sometimes a combination of both. china is using their intelligence services the way they might use them. jason: traditional spy craft, right? >> it could look like someone who works at your company who is downloading data on a don't thrive and taking pictures of the screen with data. somehow taking that technology and sending it over to china is all a part of this approach to economic the moment. you replicate that product in china and

we have carol routh and john liesl and kevin joining me scene. we have this new gallup poll data showing americans are split when it comes to weather a free market or government would be the best way to control the american economy. 43% of u.s. adults now say socialism would be a good thing for the country. john i've got to start with you. what is your opinion on this? he's see more people swing toward socialism and he can define it however you want but do you think this is catching on? >> first of all christina you did a wonderful job filling in for david and a great job so i'm up to use i get a lot of questions and. but it is true. i don't buy these polls. the polls were wrong about rex at in the polls are wrong about president trump in the conservative party in australia. i think it's hall -- on how you at things. my view is completely different from me in person who would now be 20 to 29 years old. people talk about socialism. it's all in how the question is asked and there's a poll that says only 10% of the country believe in socialism. a lo

. >> john malone, who runs liberty media -- carol: and has done really well. >> around the world, not the u.s.. i can go andecided grab this great sports franchise formula one. you think of writing through the streets of monaco with international hobnobbing, it is a great thing. is what he did not count on there are a lot more players with a lot of power to keep you from making changes. he said one of the big problems is predictability. people go to sports to see who will win and the excitement. that is not the case in formula one. only two teams have won the championship in the last nine years. carol: and it is boring for somebody who is watching. jason: in the sports world, people like a dynasty every now and then, but this is a totally different element. you have got ferrari and ripple winning and winning -- red bull winning and winning. >> mercedes always wins, and second?who is that is a big problem for the sport, it lowers the excitement that viewers have. so what malone wants to do is to figure out ways to change that part of stability. predictability -- change that predictabil

. >> john malone, who runs liberty media -- carol: and has done really well. >> around the world, not.. but he just decided i can go and grab this great sports franchise formula one. you think of writing through the streets of monaco with international hobnobbing, it is a great thing. but what he did not count on is there are a lot more players with a lot of power to keep you from making changes. he said one of the big problems is predictability. people go to sports to see who will win and the xcitement. that is not the case in formula one. only two teams have won the championship in the last nine years. carol: and it is boring for somebody who is watching. jason: in the sports world, people like a dynasty every now and then, but this is a totally different element. you have got ferrari and red ull winning and winning. >> mercedes always wins, and that is who is second? that is a big problem for the sport, it lowers the excitement that viewers have. so what malone wants to do is to figure out ways to change that part of stability. dachshund that predictability -- change that redictabi

joining me today, carol ross, robert wolf, john and mark. the president telling reporters earlier today, american woman in the trade talks. listen. >> they want to make a deal, it could absolutely happen. in the meantime, a lot of money is being made by the u.s. our people want to go someplace else in china where they can really, the ideal, the products in the usa. that's what i really want. you want to know something? we always win. >> let's bring in former u.s. ambassador, china max, thank you for coming. trump things the tariffs are working. you may not think they are. what would you do to get china to stop cheating on trade? >> frankly, he's doing the right thing by calling out the chinese practices. there's no question about that. calling them out, specifically what would you do? >> i would keep things right. lower the rhetoric. i would not tweet. i would negotiate with the chinese privately. sit down one-to-one and say hey, we can't take any more of this. if you don't make changes, here are repercussions you will expense. you got to be

joining me today, carol ross, robert wolf, john and mark.orters earlier today, american woman in the trade talks. listen. >> they want to make a deal, it could absolutely happen. in the meantime, a lot of money is being made by the u.s. our people want to go

our panel carol roth, susan lee, john layfield and jack kaugh. rick scott says the situation on the ground is dire, the florida senator. here's what he said >> there's genocide going on in venezuela. we have got to consider sending not just american troops in, but troops from every democracy around the world that wants to stop genocide to go in and take humanitarian aid into these citizens to help them. this is horrible what's going on. david: let's bring in the vice president in national security and foreign policy at the heritage foundation. jim, is senator scott right? is it time for military action? >> no, look, one of two things are going to happen in very short order. either maduro is going to crush this rebellion and it will be quite bloody and then what will happen is guaido will flee the country. he will have a government exile. he will have the world on his side and there will be a black eye against maduro and we will be right where we are. or maduro will flee the country. american military intervention makes no sense. you can't drop th

china we'll see what happens but i can tell you john you know very much wants to make a deal because the companies are leaving china to avoid this carol china is becoming a very weekend day. in the battle of wills between the world's 2 economic powerhouses trump is confidence china will seek a deal on his terms but beefed up by decades of growth and modernization china is convinced it can hold out far from rolling over the reaction has been defiant don't say we didn't warn you thundered the communist party mouthpiece people's daily as it started to the big guns after the u.s. took aim at tech giant huawei beijing has threatened to use its dominant position as a supplier of rare earth metals for leverage they're essential to everything from wind turbines to missiles china could also targeting u.s. companies like the vastly popular starbucks or apple china is apple's 3rd largest market with nearly $52000000000.00 in sales mostly selling i phones the trade war is impacting on america too. there's a lot of pain in the short run and as i said earlier a lot of that pain is falling on sectors like agriculture. and i think the calculus is how

john demers. the assistant attorney general in the doj. carol: it's so topical.are talking about state entities tapping into american corporations. really trying to get at their ip. jason: it's about computers, but also about good old-fashioned spy craft. here's what he had to say. >> i am here to talk specifically about china's economic espionage. talk to the business leaders an investment leaders about the threats to their business and investments posed by the theft of intellectual property sponsored by the chinese government. jason: what does that threat look like to the average person, the average businessperson? what should they be worried about? >> the combination is a cyber threat, very often an insider threat, and sometimes a combination of both. the chinese are using their intelligence services to go after and co-opt users, the way they might use a spy graft. what it looks like from the inside is someone who was working in your company, downloading data on a thumb drive, taking pictures of the screen with data, somehow taking that technology and sending

carol: a lot of places you can go elsewhere. john: absolutely. we like fitness. the macro category.re a lot of different modalities. i think there are going to be some cool stuff coming out in the coming years. ♪ >> the following is a paid program, the opinions and views expressed do not reflect those of bloomberg lp, its affiliates, or employees. >> the following is a paid advertisement for the worx hydro shot. the worx hydroshot, the world's first portable power cleaner that lets you clean anytime, anywhere, fueled by a battery, it is self-contained and pressurizes any water source. grab and go to clean anywhere and everywhere, leaving dirt and grime where it belongs. you can use your normal hose and boost its pressure up to 10 times.

john was willing to make a deal. >> we offered him voluntary manslaughter if he gave us carol's body. >> here turned you down?he did. repeatedly. >> mike pleaded not guilty. the case was going to trial. if members of carol's own family didn't believe mike did it, what would a jury think? coming up, the accused on the stand. >> isn't it true that carol lived her last breath in that bathtub when you murdered her? >> when are dateline continues. >> when are dateline continues with advil liqui-gels, you'll ask... what stiff joints? what bad back? advil is... relief that's fast. strength that lasts. you'll ask... what pain? with advil liqui-gels. i have one kid in each branch of the military, but i'm command central. it's so important to us that verizon is supporting military families. when i have a child deployed, having a reliable network means everything. so, when i get a video chat, and i get to see their face, it's the best thing in the world. and i've earned every one of these gray hairs. military moms, we serve too. (vo) the network more people rely on, gives you more. like military plans with a special pri

carol and worries was arrested for outstanding warrants. >>and national news tonight. president trump is at odds with his national security adviser john bolton over north korea in japan today, the president told reporters that he is not bothered by north korea's recent missile test. also says that he is willing to give north korea's leader kim jong un more opportunities to abandon the nuclear program, his comments coming after bolton. and japan's prime minister said that north korea's recent missile tests violate u n resolutions. i people fake it could have been a violation as you know. >>i the law differently i view it as a man perhaps he wants to get attention. >>and perhaps who knows. it doesn't matter. >>the president is also refusing to back off his endorsement of kim jong earns criticism of his potential 2020 opponent. joe >>options to visit san francisco, 17 museums and cultural centers free this summer at least for some people city residents holding electronic benefit transfers and medical card holders they can get free entry for up to 4 people that offer will run from june first to september 2nd. first the flood and then a de

carol, jack, stick around. ashley: we'll move on. the trump's administration decision to delay auto tariffs, john bozella. john, the auto makers are somewhat frustrated. it pushes issue from 180 days, six months, not getting any resolution. your thought? >> no question about that, ashley. here is the challenge. uncertainty freezes investment, slows growth in the sector when we want to continue growth in investments. that is the problem. it is having a counter, the effect that is counter what i think the administration would want to have. ashley: issue at hand a 25% tariff on foreign cars. europe, japan, u.s. imports 8 million cars each year. with would be the economic impact of if tariffs went into effect? >> it would be huge. you were talking a minute ago about usmca, the new nafta. when you look at the eight million cars coming in, four million of imports are coming from canada and mexico under duty-free trade for quarter after century. when you look at our exports, they are about the same as imports into europe as they are into the united states. so but if you put a tariff of 25% on these things, you w

shoemaker from mercy, and caroling from meta, and randy shaw from t.h.c. , and sam moss right there , and don fox, and pauline from mccormick in the back, and jack gardner from john stewart. we build housing, so this is what we do for a living. what i think is incredible is all the nonhouser his in this room, all the leaders who are not from housing organizations because they recognize that they serve people in this city, but in order for them to continue serving those people, we need to make the city more affordable, and that is what this bond is going to do. i'm going to make a very, very bold prediction, because i'm not a politician, i'm not running for anything, so i can say this, this group, we will get 11 votes at the board of supervisors, right norman? president yee, i'm sorry. [laughter] [laughter] >> we will get there. not only will we pass this bond, but we will pass it with 100% of the votes in the city. [cheers and applause] so this is going to be the biggest bond ever and it will be the best bond ever and we are going to have fun with each other as we get this thing past and moved through the board of supervisors. thank you, mayor breed, thank you pr

first of all, we've had reporting at nbc news, my colleague carol lee talking about tension between johnelly and melania trump. i wonder if he's trying to smooth things over there. many in and out of the white house talk about the force that is jared and ivanka trump. you know, from outside of the palace intrigue perspective, this matters because there are people who are close enough to the president because they're related to him, that they can influence policy, they can influence who comes and who goes. jared kushner had a big weigh-in on the firing of kirstjen nielsen and pushing for different immigration policies, just like steven miller. those could be different. but when it comes down to a security clearance, the fact these people are able to use their influence and get information when, in any other situation, they should not have that access, i think that's what calls it into question. >> julia, jake, michael, thank you, all. what a morning. appreciate your reporting. >>> ahead, wall street ended yesterday's session deep in the red amid a trade deal stand-off between the trump ad

john night. now breaking news this morning after tim com. >>has died at the age of 85 i've been here is on carol burnett when he played characters like the old dismantle one of his iconic yet. >>golf was also one of my characters. it's fun, it's fun. >>interesting to read you know back on his past interviews and talking about his time on the carol burnett show and what his main job was on that show, yes, he said is job bank over that says this to this day. she's 86 right and she says his job. >>was too destroy everybody else, especially harvey korman in her and make them laugh 3rd a look all you have to do you just he just looked at and it was over and everybody was you know losing character so funny and you may also member him from mchale's navy start only bad a while and for people who won't recognize him from more recent work actually play the voice of barnacle boy. >>from of spawn just wear pants so younger generation who enjoyed his work done in a zoo is older age he suffer from dementia and he ended up passing away just this morning at the age. >>of 85, he said he had no professional train

carol former federal prosecutor. i want to shed more light on this. let's say we accept the reporting that the person who left the voicemail is john and we do not have a denial from him and we do not have confirmation from him that that was him. an important thing here, a joint defense agreement until that point. explain to my viewers how that plays into this? >> sure. of course, in the united states an attorney/client privilege regarding legal advice. the law right now recognizes the ability of people who are aligned in their interest to the joint defense agreement and that is to say that several lawyers and their clients can enter into an agreement where the lawyers can have discussions with the other clients, as well, and with each other. and those communications are privilege under the attorney/client privilege, as well. that is called the joint defense agreement. what happened here is what frequently happens is that one party to a joint defense agreement decides to withdrawal and cooperate with the government. and when they decide to cooperate with the government, usually against their co-defendants or the other targets of the investigation, they

john williams on bloomberg surveillance. that is all for our special coverage. romaine: bloomberg technology is up next in the u.s. joe: have a great evening. this is bloomberg. ♪ ♪ i'm caroloomberg technology. coming up in the next hour all week long, we are looking at the best of boston's tech hub has to offer. we discussed what is on the cutting edge in some of the city's biggest industries. the trade war escalates. trump tweet threats and china hitting back. we break down

john flannery and his successor, larry culp, walk down this ambition. larry: we have a lot of work to do at ge. we need to strengthen the balance sheet and set the businesses up to win. carol february of 2019, ge abandoned its plan to build a new headquarters and announced that only 250 new jobs would come to boston. the company won't be seeking property tax relief and reimbursed the state of massachusetts for $87 million in expenses. ge will remain in boston as a renter, after reaching a deal to sell the land to a real estate development group. >> definitely something that needed to happen, and i think they're going about it in the appropriate way. not just from a cash standpoint, but from a pr standpoint. they're clearly trying to say that we like boston, want to be here, but we just don't have the capacity that we did when we started this process. carol: to weigh in on what happened at general electric, we caught up with david friend. he is the ceo of wasabi. the company is taking on the likes of amazon. they are headquartered in boston. we begin on the challenges of facing international and industrial companies, such as ge, in an increasingly digital world. david: when