and i got them to say i could take him into the johnson boyhood home and re-create it in johnson city, after all the tourists were gone and we were alone. and i decided to take them at dinnertime which is about 6:00 o'clock. it would be much like in there when he was a boy. and as you say, i asked him to sit in his place at the table, his father said at one end of the table, the mother and at the other end and there was a bench on the one side with the three sisters and the other side was lyndon and sam. so i did in fact sit behind him because i didn't want anything to distract him. and i said tell me again about these arguments that lyndon and his father had a dinner. and at first he was really slow unremembered. and then i'd have to say and then what, and then what but then suddenly he was going fast and then suddenly he was shouting a conversation. lyndon you're a failure, you'll always be a failure. your bus instructor that's what you are. i felt like he was back at his boyhood and i said now sam i want you to tell me again all those wonderful stories about lyndon growing up that

lyndon johnson is a genius. he does that have any power, , t he realizes therere is one thing he has that no other congressman has. groups of people. he knows thehe texas oilman and contractors who need favors from the federal government and he -- and are willing to pay to get it to give campaign contributions, and he knows the northern liberaral congressman who need money for their campaigns. he arranges that all this s mony be given through him, and that creates powerful stuff and there is a list that i found in the johnson library that was just remarkable. we wonder, how do you prove that economic power has such an effect on political power? economic power creates political power sometimes. list.e it all in this the list is typed by one of johnson secretaries. there are two typed columns. on the left of the name of the congressman asking for money. messenger column is how much money he is asking for. small amounts, tiny amounts by our standard. but in the left-hand column, left-hand margin next to the congres

johnson tapes become available.n the eisenhower papers are open, we then have primary source material on which we base a revised estimate. and then there is revisionism that -- it's almost like a carousel. like an escalator. it goes up. it isn't new information, another generation has a different set of conventions. a different way of seeing the same information. that, as you referred to, after the 1960's we discovered millions of americans who had been left out of our history story and, disproportionately, they were the americans that andrew jackson in effect made war on. let's get our viewers involved. kathleen, dayton, ohio, you are first. caller: great show. i'm interested if we can read the survey. i believe that one of your guests said there were 100 scholars and historians that the survey is based on, the rankings. can we go read why these scholars ranked the way they did? fascinating. i'm hanging out with a lot of 90-year-olds, i've been taking care of my 92-year-old mom for the last x years. it is amazing.

he went on to serve lyndon johnson.let's assume that this and put him into perspective. >> november 65 i said would be a long war. so what can i say that, we were losing. and by the way, my report to the president, which i said in december of 65 to him. was only one in three chance, best of wanted to chance. and he said you mean to say you don't think we can win militarily. and i said yes. should i have said that public publicly, what do you think? what is your audience think. this is a terrible dilemma. and particularly so i want to tell you that i was in a small bernard and i don't want to say i was right, many people thought then and today that we were winning and as i suggested some people think we're winning then, that is baloney. >> your book is full of american leaders and generals going to vietnam and coming back and saying we're winning, we're winning and we are winning. and no one came back and said we are not winning. what do you think of that. >> i moved him a couple of times in the first time i interviewed

so that's why when you read about johnson, he says some wacky things about andrew johnson, he almost writes it as if he liked him. so just as john said, it speaks extremely well of the country that it took 80 years for the country to go through it's first impeachment crisis. it speaks even better of this country that it took nearly, it took over one of hundred years to have it a second time. and i think for those of us who are suffering from ocd because every day there is a crisis, imagine what peter had to do. right? right? >> peter is a heroin dealer right now. >> [ laughter ] >> and that's why we need the wall. no. >> [ laughter ] sorry. >> now, i want to make this point, because if you are under a certain age, this will shock you and if you are over a certain age, you would not. richard nixon, nixon's troubles started in the summer of '72 but it takes 16 months for a congress dominated by democrats to begin impeachment hearings. you've got to wonder, wait a second. given the nature of our political moment, 16 months? part of the reason is john's guy, which is the lessons that the

we did get the earnings from johnson & johnson. raise theiry full-year adjusted earnings-per-share estimates. in general, they are raising their view. you are seeing the shares pop by about 8%. the actual estimate for earnings-per-share, $2.10, came in higher than the estimate. revenue also beating. just interesting to see how the pop in the shares is not that big. there was a lot of positivity baked in, even with the beat here. david: they did really well on pharmaceuticals. at the same time, they've got some real ethics concerns, and there is this overhang from washington on whether they will regulate drug prices. we will have more in our next hour with johnson & johnson's cfo. will go now to bank of america. lisa: let's figure out what exactly was driving the action with bank of america. they had some beats, some missus. -- some misses. the most interesting thing i've is that savers are starting to make changes with higher rates. they are taking money out of non-interest-bearing deposit accounts, falling by 7%. those that pay in

johnson was famously colorful in his language.lways thought the johnson treatment was yelling at people, screaming at people. but when you listen to tapes, at don't hear curse words . least i didn't hear any. were they excerpted, or did he not talk that way? doris: when he was on those tapes, he had a button in his desk office. and whenever he was talking to a senator or congressman and he wanted to tape the conversation, because they would make deals on the phone and he wanted to hold the guy to the deal later on. but it's never just force. its charm and knowing what each congressman or senator wants. one might want to go on a trip to europe. you want to go on this commission? i will send you to france. another one might want to be on an intellectual, historical committee. you want that? you got that. he's talking to dirksen and he is trying to bring the republicans to break the senate filibuster on civil rights in 1964 and he offers them everything. you want an ambassadorship? you will you do springfield? i will come. you want a

this is one, linda johnson is not all clear that linda johnson had much of a sense of humor. so stories were told about johnson rather than told by johnson but here's the one that captures the essence. it is told of the 1968 democratic campaign for the nomination for president, linda johnson has thrown his hat in the ring and the other two principal candidates are stuart simonton, a senator from missouri and john kennedy. a junior senator from massachusetts. the three men are sitting in the green room, ahead of this debate. why the green rooms are called the green rooms i don't know not one of them has been green but nonetheless there are sitting there and making small talk. kennedy says stewart, linden, i have to tell you something very strange that happens to me. i had a dream last night and in my dream god reached down from heaven and tapped me on the shoulder. he said jack, you are my boy. this is your year. you are going to win the democratic nomination, you are going to be the next president of the united states. what do you think of that? so he looks at kennedy and sim

johnson was the president and the final decision was his to make. johnson chose war.cally, he died on january 22, 1973. the paris peace accords were signed five days later, on january 27, 1973. saigon and the south vietnamese government fell on april 30, 1975. sadly, what lessons could johnson have learned that would make a difference for the next president? when winston churchill said behind every extraordinary man is an unhappy childhood, nixon comes to mind. richard nixon was far more explicit on the lessons of vietnam. president gerald ford pardoned nixon, it gave the 37th president more time to ponder his administration. particularly, the vietnam war. in his book, on the subject titled no more vietnam's, nixon simply stated the united states had won the war but lost the piece. nixon claimed the media distorted the truth. the antiwar movement was misguided. then there was congress. nixon went on to write the united states needs to side with authoritarian governments who do not protect human rights. so as to keep from power, the totalitarian regimes that deny all h

and i had no idea that johnson's books were going to take...to be worth telling people, seem to me to be worth telling people about. >> schieffer: well, i think we're glad you did. >> thank you. >> schieffer: and we'll be >> schieffer: and we'll be right back. th ♪ we are farmers. bum-pa-dum, bum-bum-bum-bum ♪ how do you get skin happy aveeno® with prebiotic oat. it hydrates and softens skin. so it looks like this... and you feel like this. aveeno® daily moisturizer get skin happy™ welcome to fowler, indiana. one of the windiest places in america. and home to three bp wind farms. in the off-chance the wind ever stops blowing here... the lights can keep on shining. thanks to our natural gas. a smart partner to renewable energy. it's always ready when needed. or... not. at bp, we see possibilities everywhere. to help the world keep advancing. >> schieffer: like so many of you, i am sure i sat before my television all day monday as i watched in profound sadness the burning of notre dame. i could not turn away. it was even more compelling to those

competitionng more competition from proctor or johnson & johnson -- procter & gamble or johnson & johnsonot seeing competition arising. and fact, i think we are more manufacturing of that demand. it is pretty mysterious. but the market in the u.s. for , it was prettyer similar. it is very soft. if we compare it to last year, it is softening the market. which is weird because the u.s. should be growing faster. >> i wanted to ask you about brexit. you were stockpiling for the deadline. now there is a new deadline. what kind of problems is brexit causing you? >> not much, in fact. we had a pretty good first quarter in the u.k. it was not bad considering the situation. we have been getting ready for the past two years. and now we will see what will happen. >> are you going to stockpile for the new deadline? >> we don't need to stockpile >> we don't need to stockpile for october. >> any issues stockpiling for march? >> may be four weeks or six weeks, it is nothing. we see wait now until the deal in october. and i think maybe nothing will happen, but we will find a good solution for everyone. >

a. >> john tyler, andrew johnson, chester arthur, calvin coolage, lyndon johnson, they were accidentalalls them thrust into the oval office when the previous president died. eight men that changed america, ceo of jigsaw and a sister company ocho google. pleasure to have you on. >> thank you for having me. >> fascinating book. what you talk about when describing these vice presidents who become president is the completely unexpected elements to it and it begins right at the start with john tyler who becomes president when william henry harrison dies supposedly because he got sick on his inauguration day but people didn't know the constitution was ambiguous whether the vice president became president. explain that. >> what the constitution says is that the vice president discharges the duties of president is there a vacancy. whether or not the vice president becomes president so john tyler who skips down after the inauguration and prepares for four years of irrelevance, finds out 30 days later william henry harrison is dead. he rushes back to washington because he know there will be a fi

>> and johnson's impeachment was over a policy.deserve to be president of the united states. >> i'm not a crook. >> one thing leads to another. >> a grave and profound crisis. ♪ one minute i held the key ♪ the world's been closed on me ♪ ♪ and i discovered that my castle stand ♪ ♪ upon pillars of salt >> you're in the office of the president of the united states. how can you talk about blackmail and keeping witnesses silent? >> william jefferson clinton. >> i did not have sexual relations with that woman. >> the impeachment effort against him failed by a single vote in the senate. >> president nixon -- >> as a fallen leader. >> there it is. >> the ayes have it, impeached for high crimes and misdemeanors. >> i have impeached myself. ♪ when i ruled the world >>> good evening, i'm fareed zakaria. the constitution's impeachment clause was written by men who fought a revolution to escape the tyranny of kings and now they're wanted to keep the president from becoming a monarch. in one version the grounds for impeachment were treason and

guy: from london, i'm guy johnson. welcome to "bloomberg markets." vonnie: high-frequency economic data. the university of michigan reading for april, building on that strong gdp number, 3.2% in the first quarter. that came in a little bit earlier. we will talk about inflation, core pce quarter over quarter just a little bit less than what economists were looking for. 10 year yield creeping back up 2.50 earlier on. some selling, clearly, and u.s. equities. the dollar index is down today. $98 for most above of the session so far. intel down, dragging tech stocks lower with it. some are saying this is just a pause in the chip cycle. 2.1 percentwn despite some silver linings in its corley report. in just a few minutes, we will speak with the ceo kevin johnson after that earnings report did show solid growth in the u.s. and china. guy: one of the big factors affecting european markets today is what is happening with the price of oil. crude trading up sharply. we've seen some fairly big clips going through in terms of what has been going on to the downsid

and johnson. oh, yeah, baby i just want to raise one other issue. bring serious charges against the draft. i want pelosi and mueller to investigate this obstruction of cash flow we're not allowed to collect our dividends and really unhappy about that i've got to change these rules. >> johnson and johnson next pick for mr. o'leary, back to you >> on the clock but let's get some reaction. >> they have reversal, the stock goes to 1. do not pass go i love this call >> really? >> if you like procter and gamble at 22 times, like j&j there is a comparison but if mr. wonderful is not happy with the rules, i'm sure this canadian business television he can participate on and they don't have a draft >> georgetown pelosi >> the meantalist. >> adam schefter's birthday, i am thinking of the stock right now, okay, and i know that oz knows. you can ask a couple of questions. >> i'm about to pick the stock for you. hold on. first get in kevin's head and then yours >> look at this, what you made jim feel he looks d

he sets a precedent as recently as lyndon johnson still holds.becomes president of the united states based on a precedence he sets in 1841. we didn't have the 25th amendment until the late 1960s which formalizes that precedent. >> you talk about in some ways, the most famous successions, certainly of the 19th century, lincoln's assassination and andrew johnson becomes president, generally regarded as the worst president in history. the puzzle, if you try to answer, how could many regard as the best president in american history have picked a vice president who ended up being the worst president in american history? >> that's precisely right, fareed, when you look at how we win presidential succession throughout the course of our history, it's easy to say we got lucky, we navigated it and ended up more or less okay. >> that neglects the reality we were supposed to get abraham's reconsideration and it gave us andrew johnson, a man born a racist, the last president to own slaves, resurrects all elements of the confederacy, which gives us the precurs

(robin) that was doug johnson reporting. according to a legislative analysis, the money collected from the online sales tax will go to both transportation costs and public safety personnel. (robin). for your health this morning... the c-d-c says the number of measles cases in 2019 is already the second greatest number of cases reported in the u-s since the disease was eliminated in 2000. more than 380 cases have been confirmed in 15 states... including 16 cases in california. measles is highly contagious... the c-d-c says, symptoms usually disappear without treatment within two or three weeks. however, a severe case of the measles can lead to death. the c-d-c says, one dose of the measles vaccine -- known as the m-m-r..is about 93-percent effective at preventing measles. the agency says, two doses are about 97-percent effective. (robin) still ahead on the kron four morning news... caught on camera... a man's plan to rob a store backfires. we have a look the cashier fighting back. (robin) and here's a live look outside... at

a month after the incident, johnson lost her job. sequel says she had allowed a student to use her personal cell phone, which she denies, and had more serious professional infractions. why do you think you were fired? >> i was fired because sequel's reputation. >> why? >> because they knew that i wouldn't keep my mouth shut. >> reporter: johnson says there are many caring people working at clarinda, that the training is thorough but then can be discarded in practice. the state of iowa investigating jesus' incident found staff had been working double shifts, 16 hours or more. one of the employees had been reprimanded for improper restraints three times before. >> i relate the staff at clarinda academy much to like a gang, and there becomes a code of silence is essentially what happens. >> reporter: sequel notes the incident with jesus occurred more than 3 1/2 years ago and says its residential facilities are now adopting a new program minimizing physical restraints. >> hopefully when i wake up one day i can know my brothers and sister

johnson and trump were made for each other.onship. >> the architect was still going to the office at 92 when cbs caught up with him in 1999. >> i've got to get certain arth tech real artistic sculptural ideas across. i have to work them out in my mind and get them built. that's all i've got to do. death occurs any time. i don't know. i don't give a damn. >> reporter: a modest exercise regime helped keep it at bay until he was 98 when philip johnson died here in his glass house. >> i think philip johnson probably lived his life on that precept of oscar wild who once sads, you know, the only this ing in life worse than being talked about is not being talked about, he wanted to be talked about? and still is. >> and still is, exactly, yes. >> we still are. and there's so many contradictions in philip johnson. >> i think that's the best way to put it based on what this book seems to say because you called him a fascist. >> he basically wanted to create a nazi parties in america and went off to do it himself. what's so interesting is

johnson tapes become available.n the eisenhower papers are open, we then have primary source material on which we base a revised estimate. and then there is revisionism that -- it's almost like a carousel. like an escalator. it goes up. it isn't new information, another generation has a different set of conventions. a different way of seeing the same information. that, as you referred to, after the 1960's we discovered millions of americans who had been left out of our history story and, disproportionately, they were the americans that andrew jackson in effect made war on. let's get our viewers involved. kathleen, dayton, ohio, you are first. caller: great show. i'm interested if we can read the survey. i believe that one of your guests said there were 100 scholars and historians that the survey is based on, the rankings. can we go read why these scholars ranked the way they did? fascinating. i'm hanging out with a lot of 90-year-olds, i've been taking care of my 92-year-old mom for the last x years. it is amazing.

johnson & johnson posted better than expected first-quarter profits and sales and raised its forecastor the rest of the year. >> we're in a good spot and we'll stay where the unemployment rate is low so people have insurance and y also have universal healthcare ndsurance so that people have access to that we're in a spot where we're seeing people utilize healthcare in a constructive way. >> insurance stocks fell on worries about the medicare for all proposal by house democra in washington, but united health group did raise its profit guidance for the year after posting fit quarter sales growth by 9%. profit jumped by almost $3.5 million,he current government and private ins options are better way to provide universal coverage with less disruption to the industry. and bank of america's consumer businesses pushed the nation's second biggest bank to record earnings of $7.3 billion in the first quarter and that's up by 6% on revenue that was ed unchaufrd unchauunchanged a year. ago increases have been made loans more profitable for the bank, and with the banks on hold, and for growth the

within a year of johnson arriving, the safety ratings fell. when he left, the ratings got better, and reactor safety decline after he arrived at his new job, the tennessee valley authority. >> so it seems like the opposite of the midas touch under his tutelage react safety performance drops. >> he says one big issue was slashing the maintenance program for the reactors. clean energy advocate adam browning is concerned under johnson, the tva relied heavily on coal and very little on wind and solar. >> he doesn't have a good record on renewable energy. >> it's california state law that we move to 100% renewable energy by the year 2045. >> what we've seen at his previous stops is really just an old school utility really heavily dependent on coal and fracked gas. we're trying to build the utility of the future. he's got a resume very much rooted in the past. >> whatever they propose is not a done deal, and pg&e should expect some real scrutiny about their picks. >> former cpu member katherine sandoval echoes concerns about johnson and the new boar

i learned this morning that magic johnson had resigned as head of the l.a. lakers. is that organization falling to pieces, brian? >> lebron james certainly didn't help. the best player of basketball coming off a season where he got to the finals for three straight time, you thought 34, beginning of free agents and maturing of young players. it didn't happen. lebron james basically tuned out the team. he was sitting away from the team when he was here in new york. he felt like the team wasn't worthy of him. magic johnson has been under withering criticism. some say there was tension in the office. we know sometimes that leads to some other things. we saw other major players like

has to chime in and he's not impressed by what reese may do we know far as johnson the former foreign secretary who desperately desperately wants to wheeze a maze job he is not happy with her tonight surprise surprise boris johnson obviously very. happen he says for the u.k. to leave the e.u. without a deal he's on the side of the party have launched a group of them where they also would be happy with that so he's speaking out for them saying not happy with what she said particularly not happy that she's dating the jeremy corbyn and neither are other members of the european research group. that group of brics it is so what she's done she's been previously reaching out to these people desperately trying to get on board to support her deal it hasn't worked and finally to paris she's reaching out across to others to those who are war in favor of a soft brick said to see if they can help instead yeah big it is not just wars johnson you know made wants to pull out the dagger right now i mean there are a number of conservatives who want to get rid of juries and how long do you think this wi

an unintended "suicide pact" about michael gove and boris johnson.s about theresa may and not being a mother and how that affected her political judgement. he has been highly critical. it's something you don't expect to hear from critical. it's something you don't expect to hearfrom philip hammond. i think sometimes that is a bit overstated because on a personal level, he is very human and quite likeable, i think. level, he is very human and quite likeable, ithink. he is level, he is very human and quite likeable, i think. he is more than he is sometimes painted in the press. this is pretty tough language andi press. this is pretty tough language and i suspect he is trying to say that these people aren't really adults. he is. hopefully we get a contest that involves people who perhaps behave in a better way than they did in 2016. henry, let's use that as a segue to get into the times piece. leadership rivals urging the pm to stay on for months? there is a little bit more to this than meets the eye. a leadership contest is a matter of when, not if. th

that's boris johnson. he is a friendly man.by the grassroots, he doesn‘t necessarily have the backing in parliament. that is correct. it might be difficult for him to get down to the final two. also a bit of bridge building going on here. he went over and spoke about annual conference, he then changed his mind on mrs may deal after saying it was disaster, with all biblical references, and the dup were not impressed by that. now he must be going back to them and saying i can change my mind again. i am a politician. i am change my mind again. i am a politician. iam boris. rules on apply. let's turn to the telegraph. jason just mentioned the cost of no deal planning. —— rules do not apply. 0peration yellow swept under the carpet. it can‘t be completely hoover it up to continue the thought because no deal is still possibly on the table. everything has been put on hold and i think what it is as the urgency about it was not because we have not got this extension and so we we have not got this extension and so we have been told that w

president johnson announced tonight he has ordered a halt to the u.s.he hanoi delegation will participate in expanded peace talks next wednesday. president johnson's decision has brought the highest prospects for peace in vietnam in three years. >> i shall do everything in my power to move us toward the peace that this president and i believe every other american so deeply and urgently desire. >> to think that this should be pulled out of the hat right before the election at a time that it was bound to get humphrey a treat and beginning me a trick, which would defeat us. >> it seems to me that the statement made tonight by the president cannot help but help vice president hubert humphrey. >> after the president announced the bombing halt last night, a poll reported today that hubert humphrey has narrowed richard nixon's lead to 3 percentage points. harris has said in the past that if humphrey reached within 2 to 3 percentage points of mr. nixon then the election could become too close to call. >> there's no question that i was very distressed, and all o

johnson & johnson. that was a big surprise after beating estimates, the company back in january said 2019 was going to be ugly for johnson & johnson. it is the farming unit that is offsetting weaker consumer and medical device lines. progressive, the insurer, rising over 6%. some of the losers, bank of america down 1.5%. the company says the interest rate used they got in the first say overs likely to the last -- over the rest of the year and that means the consumer that is driven profits could slow down. also looking at united health falling after initially rising. other members include the big carmakers all falling after march shipments were down 3% year on year. that is weaker than expected and scored a number of downgrades, from bank of america, downgrading international paper and packaging corp.. let's talk about bonds. the 10 year yield headed to 2.60%. they'll be the highest since the march fed meeting and that is the one with the dovish tilt. david: thanks to him a chandra -- thanks to emma chan

johnson & johnson with a double beat this morning.cks on the move as a result. the two stocks on track to add almost 50 points to the dow industrials at the opening bell this morning. we've got a great backdrop for futures, a big rally at the start of trading, dow industrials up 148 points right now, s&p up 10, nasdaq up 28 rights now. yesterday's close down slightly following three weeks of gains. it. was a fractiona fractional loser yesterday. the nasdaq was down 8 points. in europe this morning the markets are mostly higher. fq100 up 33, cac up 3 and two thirds and the dax index in germany up 82 points. in asia overnight, the big story was china. the shanghai composite up better than 2%. we're going to have important data out tonight out of china because we get industrial production, retail sales, and the gdp out of china tonight. so that's going to set the tone for tomorrow. markets overnight were helped by some upbeat talks from the white house on trade negotiations with china and you also had the chinese central bank adding stim

guy: i'm guy johnson. this is "bloomberg markets."p with first word news with kailey leinz. kailey: it took firefighters more than of hours to extinguish the flames that gutted the notre dame cathedral in paris. spire collapsed. thorns crown of survived. officials say they are working on the assumption that the fire was an accident. come on in lawmakers have approved a bill linking american forces in the middle east to terrorists. legal makes it -- it makes it illegal to provide material support. u.s. factory production stalled in march. unchanged ins february with the decline of motor vehicle production. there has been an uncertainty about trade any demo outlook for global growth. it has taken more than 30 years, but -- are waiting to deploy a vaccine for malaria. the disease kills one half million people per year. developed with a nonprofit organization. global news 24 hours a day on air and on tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i'm kailey leinz. this is bloomberg. vonni

johnson? [laughter] thet: let me start with fact about biodiesel and about ethanol, because these are programs that we have strong waste it for many years. -- that we have supported for many years. we produce biofuels in this country, in fact, our production is so large that it has driven prices well below the cost of production, and that is a real problem, because this idea that some have espoused that, when prices just get too low, farmers producing quit stuff, because they are not making any money at it, it does not work that way and agriculture. when prices get low, farmers' only recourse is to try to produce more so that they can get more income to cover that low-priced or so that is historically why there have been incentives in government programs to reduce production or to take some of that excess production and turn it into something else. that leads me to the ethanol biodiesel fuel question here and we have a surplus in this country, and we were lot ofental in helping a other folks i

the big announcement from magic johnson before the lakers' game in los angeles last night. with more, here is steve patterson. >> reporter: it was a complete shock. >> today i'm going to step down as the president. >> reporter: magic johnson suddenly quitting as the lakers' president of basketball operations. >> i want to go back being who i was before taking on this job. >> reporter: without warning, johnson announced his departure to a gaggle of reporters, before notifying his boss, ending the latest chapter in the decade's long legacy as a laker. the 12-time all-star becoming an advocate for hiv awareness after revealing he had the virus in 1991. in his playing days, johnson built a multi-million dollar business empire. >> we need his leadership. why is he leaving us right now? >> reporter: johnson's two years as lakers' president have been anything but magic. >> what i didn't like is the backstabbing. >> reporter: unable to rebound from seasons even after recruiting lebron james. >> this isn't a job he was good at or seemed to enjoy. >> reporter: leaving lakers' fans wo

and johnson said, "it could bring my gernment down." so we calculated a carefully, thought out strategy, and i would not answer a questions that subject until 3:01. well merriman smith who was the dean of the white house correspondents his wife had a really close friend who was a nurse at bethesda hospital. and merriman came in and said, "bill i know the president's going to bethesda "but i have to have it confirmed." in those days pierre salinger who had been kennedy's press secretary, had urged me to leven to smoke cigars, i smoked. he said because you're going to be asked very tough questns and you're going to need 30 seconds to think of the answer. and if yu 're smoking a cigar n light it up and you've got 30 seconds to compose your answer. (audience laughs) so i was hooked i smoked a cigar th on my son's front porc afternoon, i got used to them. and anyway, so i ease up lighting my cigar and he said, "let me light it." c he smoarettes, so i walked around him and locked my door from the inside, took the key and put it in my pocket.

president johnson announced tonight he has ordered a halt to the u.s.sman said hanoi will participate in peace talks. >> they brought the highest prospects for peace in vietnam in years. >> i shall do everything in my power to move united states towards the peace that this president and i believe every other american so deeply and urge ently desires. >> to think this should be pulled out of a hat before the election at a time that it was bound to get humphrey a treat and a trick that would defeat us. >> it seems to me that the statement made with the president cannot help but help vice president hubert humphrey. >> after the president announced the bombing halt, harris said hubert humphrey narrowed nixon's leads to three percentage points. he said in the past that if humpry reached within two to three percentage points, the election could be too close to call. >> no question that i was very distressed and all of my associates were. >> they were confidentially because i think we were skirting on dangerous ground. >> this is crazy. >> i know. i think it w

magic johnson made a surprise announcement. >> and additional charges in the college scandal. are some of the headlines on the morning newsstand. >>> the "los angeles times" reports lori loughlin, her husband, and 14 other parents with charged with conspiracy to money laundering and trying to write off bribes as charitable contributions. they're accused of paying $5,000 to get their children into usc. they and felicity huffman and other parents have decided to plead guilty. >> these are two very different people being treated in a manner that's not comparable. every time lori loughlin reacts the way she reacts to felicity huffman's plea, lori loughlin gets herself in more and more trouble. >>> two bodies found to be in dominican republic are believed to be two americans vacationing there. orlando moore and portia ravenelle were supposed to return to the airport, by they never returned. police think they were involved in a car accident. an injured woman was found on a highway. she later died in a hospital. >>> the "washington post" is asking the court to dismiss a $250 million

nixon, if the johnson administration can terminate the war within, well let's give him eight months,nce of winning next year, but if we haven't been able to win the war in the past few years, how long could it last really? >> i do know this. i do know that the new administration can and will end the war within a matter of a year after we get into power. ♪ >> i have today ordered to vietnam the air mobile division which will raise our fighting strength from 75,000 to 125,000 men almost immediately. >> without question, lyndon johnson, he had all the moves. he knew how to use power. he was ruthless. he was persuasive. and then when the war began to escalate and johnson didn't know what to do about it, he just started to flail around, and everything that he tried seemed to crumble in his hands. >> peace now. peace now. peace now. >> low-key minnesota democrat senator eugene mccarthy entered the race against his party's incumbent president with the express purpose of giving the voters a voice in the vietnam debate. >> campaign '68, the new hampshire primary. the big surprise of the first

guy: from london, i'm guy johnson. welcome to "bloomberg markets." vonnie: the bank of canada abandoning its bias for higher interest rates and maintaining the benchmark overnight. a dovish decision from the bank of canada, once again, but abandoning the bias for higher interest rates. that is the dovish part here. let's look at what the canadian dollar is doing. it is weakening pretty substantially. a spike in dollar canada by two thirds of 1%. let's turn now to u.s. markets. the s&p 500 fractionally higher. we also have the dollar index stronger today. some buying in treasuries, the 10 year yield at 2.52% the past couple of days. the best performer in the s&p 500, anadarko petroleum after that bid this morning. we will speak with the ceo a little later on bloomberg tv. boeing scrapped its guidance on 737 max uncertainty, but is up 1.1% right now. lots more stocks on the move thanks to earnings. in 15 minutes, we will get insight on boeing's earnings. guy. guy: over the last couple of minutes, we've also learned that outflows from dws, the deutsche

johnson built a multll n dollar business empire. >> why is he leaving us?akers' president haveeen ything but magic. >> what i didn't like is the back stabbing. >> reporter: unable to rebound from seasons even after recruiting lebron james. >> this isn't a job he was good at or enjoyed. >> reporter: leaving lakers' fans wondering what happened. steve patterson, nbc news los angeles. >>> up next, ready to get fired up? fans worldwide buzzing about "game of thrones" final season. heading out here? get the ford ranger. the only adventure gear built ford tough. my gums are irritated. i don't have to worry about that, do i? harmful bacteria lurk just below the gum line. crest gum detoxify, voted product of the year. it works below the gum line to neutralize harmful plaque bacteria and help reverse early gum damage. gum detoxify, from crest. ifor another 150 years. the fire going ♪ to inspire confidence through style. ♪ i'm working to make connections of a different kind. ♪ i'm working for beauty that begins with nature. ♪ to treat every car like i treat mine. ♪ a

guy: in london, i'm guy johnson. this is "bloomberg markets." vonnie: the s&p 500 is down fractionally, but we have seen some blow away earnings, not least from microsoft, which has and is a trillion massive boon to the s&p 500. 3m is the big drag on the dow, as well as one of the drags on the s&p 500, down a whopping 10%. guy: i want to take the other side of the coin. you are spot on when you talk about some of the really solid numbers that have come out in some corporate's today, but also that 3m story i think is really indicative as well. there is alternative narrative out today which is that the global economic slowdown is something you need to pay attention to. you can see that in the 3m numbers, but also elsewhere. this is the korean yuan. the dollar moving stronger against it earlier on. the data really is appointing in terms of trade numbers. the data more broadly really weak. that is something you really want to pay attention to, a useful bellwether for what is happening in asia. then you have this broad dollar strength. euro-dollar tr

vonnie: i'm curious about johnson & johnson.ve seen some managed care stocks fall off in the last few weeks. what is your outlook for the health care industry going into 2020? health-care industry led in 2018, and has been hammered this year. it has been a punching bag on the political side. there's been a lot of talk on whether it is medicare for all or tamping down drug prices. the sector has gotten a lot cheaper. right now you are looking at the health care sector within the s&p 500 trading at a discount to the broader market for one of the few times that has happened in the last 30 years. there is still stability and predictability earnings. you still benefit from aging demographics. they are buying back a lot of shares in the sector. but the same time, investors need to pick their points. hasealth care, managed care certainly been a place of risk, but you look for names that are a little more company specific. valued withes gets an compared to a lot of the traditional drug companies, but at the same time, the medical device

this is bloomberg. ♪ guy: live from london, i'm guy johnson.rom new york, i'm vonnie quinn. this is "bloomberg markets." bloomberg's erik schatzker is standing by with a key voice from the business world. reporter: thank you. i am here with the ceo and chairman of metlife. thank you for spending time with us. guest: good to be back. reporter: here's where i'd like to begin. you're the only ceo who thought having his company labeled too big to fail -- who fought having his company labeled too big to fail. you sued the u.s. government, and you won. guest: we did a lot of analysis internally, and look outside and said, if we were to fail, as unlikely as that might be, would we be so interconnected to the economy that we would be in a too big to fail bucket and hurt the overall economy and require a government bailout. reporter: but other ceos may have decided to push back against regulation. should they be emboldened by the metlife example? guest: when others were selling us -- were telling us don't sue your potential regulator, we thought we had

to get a chance to vote against lyndon johnson's war in vietnam. he wanted to put vietnam on the ballot. gene mccarthy scored what was considered a resounding victory in the new hampshire primary by coming in such a strong second to the president of the united states, and by the end of that week there was a second challenger to president lyndon johnson from within his own party, new york's democratic senator robert kennedy jumped into the race against lyndon johnson. we had never seen anything like this, two power challengers against an all-power incumbent democratic president who had won a landslide in the last election, and the pressure from these two challenges against the incumbent president forced something no one saw coming, something that shocked the country, the president of the united states giving up, withdrawing from his own re-election campaign. >> i shall not seek and i will not accept the nomination of my party for another term as your president. >> no one who saw that can forget that moment. and then all hell broke loose in the democ

johnson is currently being held now the martinez detention facility. on the peninsula a 40 year-old man pleaded not guilty to several charges related to it machete attack. marco i up and jock up is accused of attacking his former girlfriend and her boyfriend in the lobby of their apartment in redwood apartment building monday evening. he who he has a son with his former girlfriend, he said he wanted to visit the boy and when they came down to the lobby to confront him that's when he had a machete he then took that boy to a nearby park where san mateo county sheriff's deputies were able to arrest him. in national news after 2 years of investigations, a redacted version of that 400 plus page report from special counsel robert mueller is now public and it's revealing how the president fear the investigation initially the president has claimed for weeks that it exonerates him completely but the report is creating more questions with kristen holmes now with more details from washington. >>after 22 months of investigation, thousands of subpoenas and hundreds

guy: from london, i'm guy johnson. this is "bloomberg markets." 904 is wherean see we are on the s&p 500, staying above the 2100 mark for the time being. yield 10 year treasury after all of that buying at the end of last week, back down to 2.55. some of the stocks on the move in the s&p, obviously the banks. 2.75%. sachs down a bit of a better performance elsewhere in the financials. elsewhere in the s&p 500, 8.6%nce data systems down after people say it didn't pay enough for its salon unit -- for its epsilon unit. electronic arts down 2.25%. guy: european equities are doing absolutely nothing. remember, it is a holiday shortened week. we've only got four days. volume is actually ok. stoxx 600 unchanged at the moment. we started off a little positively, then faded the early rally. pretty similar to what we saw out of asia as well. stocks the big mining really outperforming the metals of late. i wonder whether or not we will see the start of those two minorsng, or maybe the come down. is the one you want to pay attentio

in this case, the man who had come after johnson is out. he can find her.esembles robert o'ryan, i go into just a cold sweat. i met my husband, and we kind of went down a path of digital media. we chronicle our life for the world. >> so despite what happened to her, shawn johnson elects to live her life on social media with a huge audience who knows her every move. she's just not afraid. >> if i lock myself away from the world, he wins. i don't ever want to feel like i've let him win. we want to show the world that you can have traumatic things happen to you but you can move on. >> announcer: the winners and champions of "dancing with the stars" are shawn and mark. >> when i was announced as the winner of "dancing with the stars," it was the greatest feeling ever. winning that show, having gone through all of it, having come out on the other side, it just felt like the greatest victory. >> we have never seen rebecca's mother, danna schaeffer, speak about her grief until now. >> mrs. schaeffer, i have little things can be a big deal. that's why there's otezl

but johnson believes amazon should help those vendors pay their back stephanie johnson, online shopper"if businesses are paying sales tax, i don't see why amazon shouldn't." ) that was doug johnson reporting. the money collected from the online sales tax will go to both transportation costs and public safety personnel. ( darya ) a horse was euthanized at the santa anita race track after it fell this week.. this marks the 23rd horse to die at the track since december. cell phone video captured the moments two horses fell in sunday's race. one was not hurt, but "arms runner" suffered a broken leg and had to be put down. the race track re- opened friday after a nearly month-long closure to implement new regulations and to inspect the track. officials say there's a variety of factors in each of the deadly falls, and they haven't been able to pinpoint one specific problem.