the move comes three years after the ceo, john chen took over and outsourced manufacturing to foxconn. we asked him if he feels this is the end of an era. john: the end of an era is a wrong thing to think about. a lot of our competitors, they have their phones built overseas by foxconn and other people in china, and it has been a traditional thing about how people will manufacture your phone. what i did was take it one step rather to let them design hardware -- one step further to let them design the hardware. they want to do their own local content. i make it a win/win proposition because of what their desire is. i always tell people the smartphone of the future is about the far -- is about the smart, not the phone. if the people focus on the physical phone, they might be missing the big equation. it's smart about application and smart about ai. it's smart about personalization, decision-making. it is really about that. we are focusing on doubling down on those in my opinion is it's the start of a new chapter, rather than the end of an era. emily: do i hear you saying other smart pho

john chen gave us a few hints there and told us to do the math. : john chen gave us a few his there and told us to do the math. mark: they only have one partner lockdown -- indonesia. indonesia has a big opportunity in the year to come but how big the market is now, is not substantial enough to bring blackberry into the green where it was five years ago. in terms of software and services, this allows them to put all of their eggs in that basket and grow that business. emily: how optimistic are you about blackberry's software business? cory: i'm generally optimistic anyway, but here's this story -- there was a time not too long ago when blackberry and nokia were dominant companies in mobile phones. quickly, technology changes and that goes away. .he same is true in software the stickiness of software is not to be taken lightly. they stay with the oracle database for decades, but the same is true with security and e-mail and that is blackberry's strength. there is still blackberry enterprise even if you're not carrying around a blackberry as an enterprise. emily: could this turnaround roc

c-e-o john chen promised a year about why they chose to return to milwaukee. the spanish-owned train manufacturer says it has "trust in the city of milwaukee." talgo blamed its exit in 2014...on a dispute with the state of wisconsin... not milwaukee officials. the company won a 73-million dollar bid to refurbish rail cars for the los angeles metro system. the work will happen in milwaukee's "century city business park" along west hopkins and south of capitol drive. coming up: the en most powerful people in our country... now being dumped by its company. plus... forget about apples to apples... it's all about apples to aetna. why the healthcare provider is darien: why have the latest smartphone if you can't use it wherever you go? switch to u.s. cellular for our best plan yet: 7 gigs of data per line for only $49. to share more photos at your cabin or video chat at your secret fishing spot... the best part? we put towers in places the other guys don't. because u.s. cellular thinks you deserve a signal that works wherever you are. switch to u.s. cellular and get

it is part of the ceo john chen's campaign to use the patents and expertise for new industries.with john chen next wednesday after the company reports earnings before the bell that morning. that does it for this edition of "bloomberg west." that is all for now from san francisco. this is bloomberg. ♪ angie: the more the bank of the yen is the more out of control. this was the fifth meeting that saw the currency gain by the end of the trading day, now trading at a one-month high. talks between saudi arabia and iran have failed to reach an agreement on an oil freeze. the opec members met ahead of discussions with russian next week. all of our analysts predict no deal in algiers.

john chen is the ceo and chairman blackberry, good morning, john. >> good morning. >> i want to start off on this hardware shift that you sort of telegraphed a while back. you said that if by september, you could not see a path to long-term profitability in hardwa hardware, you would get out. now you say you're getting out. now my question is, what's blackberry's revenue picture going to look like after peeling off hardware? the way i look at it, it was about a third of gap revenue in the current quarter, and that seems relatively stable over recent times. how's revenue and revenue growth going to look after hardware gets shaved off? >> well, first off -- thank you for the question, but first off, i need to clarify one thing. we're not going to build the hardware. we're not going to design the hardware. we're going to have partners to do it. so we will still have a hardware business. but the hardware business is going to be very much tied to the royalty factor. by licensing our software and licensing our brand. so in my calculation, that segment market -- that segment, the revenue, wi

c-e-o john chen promised a year ago,, that the company had until this month to make its handset business profitable. that didn't happen. blackberry reported a loss of 372 million dollars in the last quarter. its division that includes the phones.. lost 8 million. listen up java junkies. toda is national coffee cides segui will tell you where you can get discounted... or even free coffee to get your day started.... and a bay area father cooks up a plan to raise money for his sick son. an update to a special extraordinary ordinaries... in our next half hour. we dance on the salsa team together, and it's like a lot of power in what we wear. when we're practicing if i don'g i don't look good. t.j.maxx has that variety. i can get a lot for my money. it's like "yay t.j.maxx!" i'm hillary clinton and i approve this message. i'd look her right in that fat ugly face of hers. she's a slob. she ate like a pig. a person who's flat chested is very hard to be a 10. does she have a good body? no. does she have a fat [expletive]? absolutely. it's 5:--, i'm walter allen. thanks for joiing us this morning

we will talk with john chen next wednesday before the company reports earnings. it for this edition of "bloomberg west." this is bloomberg. ♪ >> from our studios in new york city, this is "charlie rose." i'm jake cap are filling in for charlie rose on assignment. a conversation about diplomacy and national security. in his you and address, president obama called the refugee crisis one of the urgent tasks of our time and a test of our common humanity. secretary of state john kerry says the cease-fire in syria is not dead. efforts to resume peace talks have been subverted i the mb

c-e-o john chen promised year ago that the company had until this month to make its handset business profitable -- which has not happened. blackberry is repo quarter. and its division that includes the phones is responsible for an eight-million dollar loss. but the company did say it will still have its partners create phones with a similar look and feel. there's a number of areas across the country that are considered food deserts. urban areas where there is little access to good, healthy food options. coming up -- how a program in no car? no problem. a new mobile farmers market hits the road in salt lake city. it's intended for people living stores. fox 6' kim murphy shows us what makes this service a special one. this is the mobile farmers market making weekly stops in several neighborhoods in salt lake city through november. weve seen similar projects pop up in other states and i really thought it would be a great fit for this community.shawn peterson is with green urban lunch box.... with help from other non profit groups like real food rising, and utahns against hunger. they pr

to make -- distribution blackberry devices running on secure software appeared it comes after ceo john chenook over and outsources manufacturing to foxconn technology groups. walmart is set to invest in company.slip card amazon is spending $5 billion to expand there. is -- inbusch-in bed approved the acquisition. they say they will retain its name, and sab miller will disappear, and that means the end of a corporate identity that 19th back to the late century. that is your business flash this hour. shares of deutsche bank are rebounding from a record low they had on monday after the german lender agreed to share its u.k. insurance business for $1.2 billion, and the ceo ruled out a capital raise. during us now is bloomberg finance team leader, simone meier. great to have you. i have a chart on the bloomberg showing deutsche bank on senior debt over the past year as well. you can see the general trend is moving up, but we are seeing it come down a little there today. is this a bit of a relief rally in the markets on the news we have had today? simone: it is definitely a relief rally, and ther

john chen took over almost three years ago.t is your bloomberg is this flash. >> let's thought what central bankers. the financial industry will stop blaming the actions of central banks for their problems and focus on fixing internal management and risk failings. >> after speaking with german lawmakers wednesday the resident was asked about accusations by some that the ecb is responsible for some bank woes. >> i don't share this view and you said why. if a bank or presents a systemic threat for the eurozone this cannot be because of low interest rates stop it has to do with other reasons. >> the ceo of the largest public we traded hedge fund manager told bloomberg in an exclusive conversation that he had a positive outlook for deutsche bank. >> if you look at it as an actual credit risk -- they change the law in germany. any of thefore business creditors or depositors. it becomesely means equity and is more than enough for deutsche bank to be healthy for a long time to come. weigh in.nna: he says it is not about to go bust. bu

john chen, who has news of his own today, on the board. frederico pena. >> it's an odd board.he last time sanger was in the news was an absolutely brutal piece in "new york times" about how he put an end to the notion of studying obesity as a linkage to cereal. when you google him, you're not going to get a bunch of great stories though he was a good executive at general mills. i only bring this up because this company dr we were waiting for someone to step up. sanger stepped up. >> sanger has stepped up. >> but sanger has close ties too. they're going to look very closely. congress is in the mood. they're in the mood. and elizabeth warren likes this storm. >> she does. if you're mr. stumpf, it's hard for me to imagine given your distraction to a certain extent. it will be interesting to see how he survives. >> he did say on "mad money" he felt he was in a position to really address the situation. >> he did. has that changed since that appearance though, jim? >> i'm not going to disagree with that. i had said to him, once you get up to capitol hill, they're not there to hear a

ceo john chen earlier this year gave the company until september to make its phone business profitables not happened. so instead, it's going to outsource all hardware to other manufacturers and instead will focus on enterprise software. the company started focusing on that a couple years ago and says it's taking hold and that will be fair future. the stock market is looking to gain on yesterday's session. decent news on durable goods order this morning is helping up. all indices are up. kenny and michelle, thank you, back to you. >> jason brooks from kcbs radio, thank you. [ train horn whistle ] >>> there is a movement in santa rosa to establish a quiet zone along the corridor of the new smart train system. if the plan is approved, train engineers would be exempt from a requirement that they blow their loud horns as they approach all intersections. the zone would stretch from bellevue avenue to san miguel avenue. service is expected to begin by the end of the year. >>> time now 6:47. let's get a check of traffic and weather. >> the roads are looking good but first let me update you. ma

c-e-o john chen says the company will out-source its hardware to other business partners. blackberry customers are upset.. saying the hardware is why they've kept the phone. as some technology goes out.. more comes in.. including this oddball invention.. a pro-pilot self i don't know if this is genius.. or a testament to our laziness. nissan has released this prototype. the chairs are programmed with "self-parking" technology.. and even follow similar chairs in a single file line. bes just looking cool-- these chairs could serve a real purpose.. helping those with limited mobility. maybe if maria... ken.. les and i pooled our money... and got a big loan... we could buy this house. made famous by robin williams in misses doubtfire... see how much this iconic home is going for. cuddle with cam newton? what about a pillow fight with tom brady?? these sound like maria's fantasies.. actually mine. how you can sleep over with an n-f-l star.. follow your own sense of style... because, you want to be confident. t.j.maxx really helped us express our creative side. that's the best p

chen, 7 news. >> anchor: north korea testing limits after conducting a higher level nuclear explosion. now secretary of state john kerry says he is dopely concerned after the country and south korea's foreign minister saying everyone there shares concerns about the situation on the korean peninsula right now. >>> obviously japan and south korea particularly are deeply concerned because of the neighborhood but think it's fair to say china and russia and the united states, everybody shares concerns but we're trying still to monitor, to find out precisely what took pl scheduled an emergency meeting about that issue. >> anchor: turning now to the race for the white house and the continued threat from north korea will be something the next president will have to deal with. today hilary clinton spoke with foreign policy advisors while donald trump campaigned in with a wash. brian mooar has more for us on the campaign trail. >>> north korea is bragging to the world about its most powerful nuclear detonation to today. a blast with shock waves rippling all the way to the white house. >>> i think the next president is goin

chen has dramatic details. >> chilling insights as police release 91 calls of a woman's rescue from abandoned home where two bodies were later found. >> >> john green >> john green? >> sean. where is he at now? >> asleep. >> the woman told. and for a months and a half. on tuesday, she dialed 911 with his phone, as man she's accusing kidnapping her sleeps next to tell you he had go to bathroom he would do something to you? >> yeah. yeah. >> are you tied up now? >> i freed my say vant house owned by local church. program director said know how green got in high pressure police shortly arrived after her call. come out hurry, hurry up. hurry up. where is he? ups inside officers found a woman arrived along with great and bodies two other women. one women found dead had been and green is charge with kidnapping and two counts of murder. in newsroom nancy chen, seven news. >>> coming up next on seven, phoning a friend local woman in need of a new phone is hung up. so she called solve it 7. we are tracking some showers and heading for new england. i'll let you know when they arrive with your forecast. then at 5:30 seasons change you may be craving a g

john. over to you josh. >>> animals can provide emotional support. but usually a therapy animal is a dog. but that's not the case for a woman in washington state. katie chen talks turkey wi her attention. >> she's always followed around by her pets. but one has a different strut. six months old and 30-pounds. sammy is not for eating. >> you little turkey. she took the whole thing. >> she's mary's emotional support turkey. >> a turkey can be domesticated pain a lot and has depression. >> she keeps me going. having a turkey around just keeps things interesting in life you know. >> reporter: she can't cuddle or sit on mary's lap any more, she still loves bread, enjoys a good bath, and talks a lot. >> grandma's a little nuts any ways. >> reporter: even so, mary couldn't imagine a life ou having a turkey as a pet. now that i have her, i don't want to give her pup. >> reporter: they haven't certified her as a therapy animal but they plan to do that at the end of the year. >> under federal law any animal can be an emotional support animal. to get certified they need a prescription from a doctor. those animals can also legally ride on the airplane with owners. >>

commentators john phillips, talk radio host for knbc and donald trump supporter, bakari sellers, hillary clinton supporter. edward espinoza from progress texas and hillary clinton supporter and lonni chenrmer policy director for mitt romney. four years ago you were doing debate prep of your own. >> i was puking into a bucket. >> thank you for that. >> i'm just going to be honest. yeah. >> vivid imagery. the biggest surprise tonight will be? >> biggest surprise will be i think donald trump's ability to remain in character for 90 minutes. i think that's really going to be the key. because donald trump needs to be able to demonstrate temperament and judgment tonight. i think if they have been prepping him on anything, it's going to be how to go out there with that temperament so people think this guy could actually be commander in chief. >> if hillary clinton has one thing written on her hand today heading into tonight, what is she writing down? >> do not cough. that's probably the only way she loses the debate. but outside of that, i think she has to be inspiring tonight. one of the things we are talking about are all the young people that will be watching tonight. all of the people who