s john jenkins, the co-investigator for the mission. thanks so much for joining us. how big is the discovery of kepler 452b. >> well, thank you, i'm pleased to be here. it's a big discovery. and really big news. this planet is orbiting the star in an orbit that is the same size as earth, receiving the same amount of energy, a little more than earth, and is orbiting a star similar to the sun. in fact, this is the first discovery of a small planet that could be rocky. that's big news to all of us. is there any idea if there's life forms on the planet. indications of water or anything like that. will we be able to figure it out? >> the answer is no. we know the size, the energy that it's refusing. we know some things, but beyond that we have to predict what might be there, based on what we know about other planets in the solar system. we can estimate the planet. we estimate based on other small planets found that it has a better than even chance of being rocky. determining whether it is inhabiteded by plants or animals. that will not happen. >> that's a long way. want t

we're at 64 degrees from john jenkins. he too has been dealing with the rain.hunder and disturbance in his sleep too we will show you why that is in a second. in the meantime not too much going on other than cloud cover in new jersey where mark is located. he has 68. he says there is in rain. included are building. it is very soupy outside. the reason he is no the seeing rain. we will show you on storm scan. lets go back in time to talk about the storm reports that came in. thinks a short list. this is not exhaustive. there was one funnel cloud in fogelsville. trexlertown saw another one. wind damage in north kathy and cedarville had 64 miles an hour win gust. these storms meant business coming through last night and now this latest batch is sipping through. in fact where mark is in chatsworth he is getting in on a little bit of wet weather who inner at witt ines weather watcher network but brunt of heavy, nasty thunderstorms that is moving on out. so you are still going to see a shower or then are storm in, spots today there is a a good chance you don't see on

we are checking in at 55 degrees, for late july, morning here from john jenkins in perkasie and he hasothing more than a few cloud. always great to have a repeat of the day as often as yesterday was absolutely true, we will go to 64 next coming from margot, she's just dealing with no wind at all. very still where she is. that is the story all day to day. very light wind with the low humidity and sunshine it will be phenomenal. in middletown jason checks in at 64. we will take a look at the nice wide zoom and see is what happening at the pattern. we have a front that is draped well off to the south high pressure suppressing that. we will keep things so comfortable here but we want to take you back in time and talk about climate talk here, from this past june, just came out in a a report that june specifically was very, very warm. it was the warmest june that we have ever recorded on earth, since record began so part of that came from a el nino unusual warmth in the ocean. not just in the pacific but in the atlantic, and the temperature was at 61.2 degrees which is above 20th century ave

lets start off to the north where we are at 65 degrees at john jenkins house in perkasie. lets take a peak at his comment. he says have a fun safe day at all of the festivities. thanks so much. that is what we were talking about, be safe. i believe phil's number may be 69, if not you are in the hot spot at 89 degrees. he is talking 69 degrees. reporting light rain. gray skies spotty rain, hopefully clearing for fire works, happy birthday, u.s.a. 66 degrees as we move over into new jersey and check with ed connor in chesterfield. ed says slight drizzle happy independent day to my fellow vets and thank you for your service. lets look at this photo and here's a cat my neighbor's cat, staying out of the drizzle on the fourth of july. nice dry stay dry. one more weather watcher reporter, maybe two head down to 70 degrees. nice and warm at david's house in clementon, new jersey. david says, dew point is 67 degrees, and that is pretty muggy, and that is what we're talking about. muggies are back. humid air is in plate. bill layden at 67. he is talking about dew point as well. he

there were three excellent biographies, one by john jenkins, which was done maybe 40, 50 years afterhis death another by eugene mccormack, which came in the `30s. and then charles sellers had a two-volume biography but stopped before he got to the presidency i`m so sorry he didn`t do the third volume because... c-span: sellers. >> guest: ... sellers -- because i relied on it very heavily. at times, came to different conclusions than all three. but i found -- i found that in the research, it was a chance to know a lot about people i never had looked at very closely people who made our country what it is. and it was necessary to read biographies of tyler and van buren and buchanan and others in order to fill in the foundation on which the biography had to stand. i mean, you couldn`t very well write a biography about polk who had almost routine conflicts with his secretary of state, without finding out something about that secretary of state. the same is true... c-span: james buchanan. >> guest: james buchanan. c-span: were you -- well, what was your reaction when you saw how much they

as we head up to perkasie john jenkins has 63 degrees in the sunshine this morning.will take you outdoors to chester county in nottingham, pennsylvania, fran at 67 degrees. the also in the sunshine. good spot to be. next several days down at the shore as we go to ocean city, new jersey. lets check with james. we have 71 degrees. full sunshine. the has a message for us, fire up the grill it will be a great barbecue day. what are you cooking? i necessity where i'm going to dinner tonight. that sound good. good conditions this afternoon even down toward the shore. lets take a live look right now from ocean city, there it is boardwalk people out for morning jog, bike ride, walk no problems with the sunshine right now. temperatures in the mid 70's. nice breeze from the south off the atlantic ocean. temperatures will be warming up, over the next several days the at which average high is 87 degrees this time of the year this time of the year is when we will see our warmest temperatures and we will stay above average for next several days and we will peak wednesday and thurs

tom: if you are just waking up jenkins is out at barclays. johnfarlane will provide leadership in the coming months. stay with us. "bloomberg surveillance." ♪ tom: good morning, everyone. "bloomberg surveillance" from new york. if you are going to cut costs, do it quickly. jenkins is out at barclays. john macfarlane is the new executive chairman at barclays. john farrow sought down with mr. macfarlane. john: john, great to have you with us on bloomberg tv. a big headline saying that anthony jenkins is departing. we already stated that you needed a new skill set. the first question is, what are the skills you are looking for and how did you come about making that decision so quickly echo john mcfarland: -- john macfarlane: of course, we had the management crisis about three years ago when bob left, so anthony was given this terrible role, and he has come through that well. the company has stabilized. going forward, we have a very different agenda. if you look at the stock price where it is now, it is the same as it was six years ago. it has a 2 in

barclays had it biggest gain antonyt ousted it ceo jenkins after three years. johnchairman, will -- john macfarlane, the chairman, will search for a new ceo. the company u.k. house builders are plunging today because interest relief will be restricted to the basic tax rate. that was minimum the many announcements today by the chancellor of the exchequer, george osborne, in his budget. back to you. thanks very much, mark barton, reporting from london. coming up, the best and worst central banks, at least when it comes to analyzing the future. bloomberg has the first ever ranking of central-bank forecasting ability. we will show you the winners and losers. is supposed to be the place for luxury goods, but with a stock market rout and a government crackdown on public displays of excessive wealth, will chinese consumers still spend? and the shakeup at the british bank barclays, the bank fired executive antony jenkins after three years on the job that was marked by thousands of job cuts and asset sales. john macfarlane will become executive chairman while the bank looks

jenkins. since 2012, barclays stocks up 47%. the ftse 250 bank index up by 17%. some missing headlines from the last 20 minutes from johnlane, who is now the chairman. he was the nonexecutive chairman. he has given an interview. he was -- he said that jenkins was asked to lead. barclays is committed to international bank, mcfarlane says. the bank may cut jobs. we do know that jenkins announced 7000 investment banking job cuts. he crossed 19,000 across the entire firm by 2016. mcfarlane says jenkins did play a positive role. it has been a fascinating our. -- fascinating hour. jonathan: keep it right here on bloomberg tv. after the break, we will bring you "the pulse." in the meantime, i am on twitter. the best of luck. ♪ >> european leaders give greece until sunday to accept a rescue or face being booted out of the euro. shock move at barclays. antony jenkins is out. a new set of skills are required. chinese stocks plunge again as state intervention fails to stem the rout. george osborne delivers the first conservative budget in 20 years.

the search for jenkins replacement is underway. in the meantime, john will become executive chairman. -- john mcfarland will become executive chairman. let's go to sandy chen. you what do you make of this? it was a shock to us. was it a shot to? sandy: when john mcfarland was appointed chair, speculation began the jenkins would eventually leave. so the timing was not unexpected, but actually the event was. manus: which brings me to the next point. new leadership is required to accelerate the pace of the execution goin forwardg. and yet he goes on to say in that same statement that there is no radical shakeup and strategy. that is a misnomer. sandy: it is a just and because the statement that was put out this morning by barclays was unusually clear. in terms of saying that the outgoing ceo is really leaving because they need a new set of skills. and mcfarland coming in said look, we have got to focus harder on revenues, costs, and just doing things better and more quickly. manus: the investment banker, left them holding the puppy. behavior at barclays on

they fire anthony jenkins amid dissatisfaction about his leadership show. john mcfarlane will lead until someone is found. >> brokerage stocks weigh on the markets. the hang seng closing down by 6%. this despite the pboc stepping in with further support. >> searching for light at the end of the tunnel. tsipras tells european lawmakers that austerity in greece must come to an end as brussels gives athens a final deadline of sunday to deliver a new package of reforms. >> microsoft is taking an ax to its work force again. the fresh lay offs will impact the hardware and the smartphone business it requires from nokia last year. >> let's get back to our top story. in a surprise move barclay's announced did departure and john mcfarlane will take up the role. he said we are leaving value on the table and a new approach is required. he added that independent executives had concerns about his leadership style for sometime. shares are rallying on the back of this this morning. higher by 3.3% and we will have a first on cnbc interview with john mcfarlane, the now executive

john mcfarland ousted the ceo anthony jenkins earlier this month and pledged that tackle what he callsome and bureaucratic companies. newly releaseds novel has set a record. it has sold 1.1 million copies. it is the fastest selling book in the company's history. she wrote the book before her 1960 classic "to kill a mockingbird" but it was never published. still to come, much more including james gorman smiling this morning. morgan stanley closed with earnings seeing revenue growth that top all the debate wall street rivals. then, they face shark attacks are extremely rare. mickalian surfing champion fanning might beg to differ. plus, lockheed martin secures its status as the world largest defense contractor with a big deal acquisition. all that and more ahead here. a historic day in washington and all of havana. and cuba restoring full diplomatic relations after more than half a century. the cuban flag being reason -- raise today in the countries embassy and washington, d.c.. we are light and washington, d.c.. i'm going to speak a little loud loud because it is quite where you are tell

chief executive antony jenkins was ousted after three years at the helm. chairman johnarland will replace him as they look for -- john macfarlane will replace him as they look for another ceo. : it was essentially a recovery position. and of course, we have the management crisis about three years ago when bob left. anthony was given this terrible role to do, a very difficult job , and he has come through that quite well. the company is in a better position and they live. but the problem is -- and it is stabilized. but the problem is, going forward we have a different agenda. if you look at the selling price where it is now, it is the same as six years ago. something set to move. when we reinforce the strategy at the off-site meeting, considering how we might bring forward the execution of that, we realized we needed a different sort of person to do it, someone who can bring more revenue growth, more productivity. agiled a leaner and more -- agile beast. the company is very bureaucratic. jon: you mentioned the share prices were up around 40% when he was fired. macfarlane

jenkins, none other than the market analyst michael. give us a sense of what is happening with barclays. johns just joined as chairman in april and will now be chief executive. michael: the reasons were, a new skill set. when mr. jenkins was appointed and 2012, they said they wanted a more retail focus. strikes me i think a little bit of disagreement about the direction the bank needs to take. the profits down. not surprising, a lot of bad publicity. the investment think is underperforming. maybe the focus on a new set of hands. ryan: what does it mean for the share price? michael: we will probably see it a bit lower. i suggest it has underperformed. overall, it will not be a positive. carolyn: what do you think about the rest of the banking sector? michael: that is -- the foot to open up on the expectation of another deal, another can kicking. we could see share prices open higher. ryan: which is extraordinary given what is happening in china. michael houston is going to stay with us. we are going to continue the chat and talk about china, greece, barclays. going into the market open in a bi

the bank is currently under the leadership of john mcfarlane, he assumed control after firing antony jenkinsalysts are now saying any comments by the chairman on the strategy will trump earnings. that will be the focus, strategy and perhaps the details of numbers. let's have a conversation about barclays. let's bring in julia. what are the challenges that the european banks and barclays are facing? julia: you have seen all of them have to come run with strategy changes and say what are we good at, where are we good at, and what can we cut? that is what mcfarlane said, we have to figure out what we are good at. we are seeing regional businesses unwind, banks are trying to trim down and focus on what they are good on. he said we have done well where i want to come of this proves my strategy is good. he says he likes the shape of the results. anna: what are the european banks doing? are they specializing? julia: they're choosing what to specialize in. we have seen them bring in conservative management. they're taking out the guys who are fixed income traders running it. you have seen them repla

jenkins has run the bank since 2012. the report is the board was not happy with the performance of the bank and its cost-cutting. jeremy johnkeover executive duties until a permanent successor is found. microsoft reportedly planning a new round of layoffs. "the new york times" cuts are in addition to the 18,000 jobs the company announced last year expected to affect employees of the hardware business including the smartphone unit. the announcement could be made as early as today. the stock down premarket. a look at headlines in today's edition of "the wall street journal." jpmorgan for $125 million the bank intends to settle u.s. state and federal authorities over the collection and sale of credit card debt. shall place is huge bad art of oil riches. the company away from taking in the arctic ocean to find enough oil to justify the huge risk to keep up with every competitor out of the icy waters. energy transfer may go for williams. the partnership will pursue a multi-billion-dollar steel to acquire williams space-bar without the company's cooperation. coming up, setting up for another volatile day of trading as turmoil bat

it starts with john mcfarlane the new chairman come in. he removed the ceo antony jenkins.el for what the board is trying to think about in terms of that performance at barclays. he has talked about accelerating the planet. one of the considerations they may have his reducing more staff numbers. the numbers are not clear. apparently there is no formal plan in place. that is according to the people we have been talking to this morning. there could be a reduction to below 1000 -- 100,000 employees. they have about 132,000 at the present. manus: that is a gargantuan change from a human side and a business side and an implementation side. are they going to be able to reduce the headcount that much from investment banking? it sounds like that's going to involve a significant change at the retail level. richard: and is where the bulk of it would be. you would think where most of the crux would. -- come. with more staff in the retail bank that is an area where they will be looking. manus: it's not just barclays that is in the spotlight today. he is really shaking up the way in whi

chairman john a farm in who took over as acting ceo after firing antony jenkins last week may spend money, which comes into force in 2019. the bank of england will require lenders with more than $39 billion in deposits to write so-called fire breaks between their consumer operations and investment banks. the new ceo of reddit says he is unlikely to reverse some of the changes that led to his predecessor's resignation. cofounder stephen hoffman took over for ellen pao after she resigned from the online forum eight months into the job following criticism of her decisions. o caused a user revolt when she fired an executive and was accused of censoring online message boards. not even a 30% fall in the aussie-dollar could say boeing's component factory in melbourne. australian labor costs more than double, putting the manufacturing industry under pressure. hopes that the weakening dollar would revive prospects haven't borne fruit. as of the top corporate headlines this hour. i am shery ahn. australia seems to have a problem with the wind energy. bannedd government has the nation's $7 billion r

jenkins joins us. griff? >> hi, greta. that's right. i have spent endless hours talking with his best friend. he was in the car johnorting about driving around early morning hours of wednesday. is he is from syria. and it is because they talked a lot about isis he was able to really clue me in. he said, quote: we hate isis. he talked mostly about palestinian issues. this friend told me that he had been quote recently enlightened about who abdulazeez was and where he was from. i sought more answers from the islamic community here, the greater islamic community in chattanooga and spoke with the president there, his name is basam esa. take a listen. >> did you see any signs? >> i have no idea about this young man. he was not a member of the community. >> did anyone indicate anything that he seemed off or that there was any sort of red flag, any signs there as all now that you have been able to talk to some of the people. >> no. nobody said that you but i heard, again on one of the reports of one of the newspapers that there were some friends just a sorry you know what it is, there was -- that he he had is what is out

jenkins last month. productions of bring the workforce below 100,000 by 2017. the cuts expected to affect the middle and back-office operations. donald trump not bashing from his criticism of senator john while appearing on abc this week, trump showed no sign of backing down from his comment at the family leadership summit on iowa on saturday. mccain spent five years as a prisoner aboard in vietnam was not a war hero. >> do you go john mccain an apology? >> no, not at all. i will do far more for veterans and john mccain has done for many, many years with all talk, no action. he is on television all the time talking, talking. nothing gets done. dagen: traub wrote an op-ed criticizing the media for what he says was dishonest reporting of his criticism about senator mccain. the video without, donald trump. everybody saw it on twitter just fyi. democratic presidential candidate martin o'malley was confronted by protesters against police brutality at an event in arizona. the crowd distracted the event while jumping on invited on the stage chanting black lives matter. o'malley later apologizing for saying all lives matter while responding to the protests. >> towards the end, in your explanat

barclays chairman john macfarlane says he will step up the pace of his overhaul of the bank. macfarlane byard ceo antony jenkins earlier this month after growing frustrations over the pace of restructuring. investors and the markets seem to like that. matt: he apparently fired a couple of abs traders as well, so it will be interesting to watch. he wants to speed up his restructuring and it will be interesting at details rollout. back to twitter, on the conference call made by the twitter owned periscope cap, if you do not know it, it is just like you found something and broadcast it. interim ceo jack dorsey says twitter should have a bigger appeal. jack dorsey: as i have spent the last few weeks really considering what is in front of us and what the present status and the future, it is really around aligning our execution and service and making sure that we are communicating the service more. we are communicating that to a very broad base. we do think twitter and everything found within twitter has mainstream appeal. and not targeting particular demographics. matt: i wonder if some employee had to sit there wit

jenkins will step down this month. the director said quote, new leadership is required to accelerate the pace going forward. johnill take over on july 17th as a search for successor begins. and in u.s. corporate news microsoft plans to announce a new round of job cuts as early as today. this is in addition to the 18,000 positions microsoft planned to cut a year ago. >>> all right. we're keeping an eye on the market. our guru dom chu is joining us now on the market moves and the four horsemen of worry. not the apocalypse. >> no. there are so many horsemen out there, it's hard to narrow it down to just four to fit that kind of model, that mold. but we put out a few of them so we can kind of talk about the reasons why markets keep pushing and pulling, having that tug of war play right now. if we start in greece, front and center we heard prime minister tsipras is going to put forward proposals to try to get that deal done. a lot of optimism here. greece to china. what's going to happen with the growth there? when you have half of the stocks publicly traded in china halted by security regulators so there's not so mu