jonathan moor is an expert and says the irish relationship is focused now on future e.u. membership. >> there is a real problem for some people with what's going on today and that is that there are still people in northern ireland, the distant republican groups who want to do what the men and women of 1916 did. they want to fight against the british state, anything that celebrates or commemorates the pasts two months might be seen as giving them some kind of green light to do that. there's a wariness about what today means. there is great fear, one report this week suggest would that the irish republic would suffer even more than the united kingdom if it does lead. despite all the years of independence in the republic, the two economies are very much intertwined and there is a great hope amongst irish political circles and wider circles that the u.k. will not depart but certainly would have very, very interesting implications for the peace process, because the vast majori of people want to stay within the united kingdom and the consequences of u.s. perhaps leaving would b

jonathan: michael moore, i will let you have the last word.s but do they really want to hear the ceo turn around and say they did not know how these positions were? if it had justk been the strategy update, perhaps people may have focused on the job cuts and the capital reduction in that business and that has been seen as a positive because people have wanted that from the beginning. the fact that you have this other confusion, maybe casts a little bit of a cloud over what otherwise have been something that shareholders have wanted. jonathan: that confusion continues. to the bloomberg team, thank you very much. be jtial thanks to partners industry --. we are watching, star board pushing for a board shakeup at yahoo! yahoo! has just responded, saying they will review the proposed nominees. next, the startup, big names are betting millions on. ♪ matt: later today, i speak with cadillacs president, that's coming up in the 10:00 hour. >> this is a bloomberg business flash. -- considering an investment in yum! brands china business according to peo

jonathan: the stock is down 4.85%. the ceo saying we will not be profitable this year. michael moore us from the city of london. the white house says president barack obama will announce his pick to fill a seat on the supreme court today at 11:00 eastern time. specific.nt to get earlier, he said this would change the shift of the court -- the nature of the court. let's talk about business particularly. this court has a reputation for being fairly pro-business. what do we know about the three likely candidates, their position on business? >> he has represented business a lot in private practice, exxon, he understands business concerns. garland considered the most moderate or conservative or the -- of the group. fairly amenable to business arguments. looking at them as a whole, this president is not looking for far on the left. david: is that something the republicans have to take into account? gregory: they do have to take that into account. you know they will be looking at the politics of it. he would stand in contrast to what the rhetoric we are hearing from donald trump about illeg

jonathan: one of the most read stories on the bloomberg this morning is europe's dig us investment bank, deutsche bank, cutting its bonus pool by 11% after rising legal expenses hurt . michael mooreondon. heard deutsche bank talking about this again and again. would this have come as much of a surprise to you when you got that paycheck? michael: no, it's 13% for the whole company. that is not quite as severe as some may have expected for the end of last year. there is talk of cutting it by maybe 30%. this is certainly not unexpected and cry on has said the company will be underpaying relatively to peers as they work through legal issues. stephanie: i did work at deutsche and from all my ex colleagues, they are miserable. he ises john cryan think going to keep people in their seats later? it's not a culture led firm. michael: historically, they did have the reputation of pain pretty well. there certainly a transition there. i think he is hoping to hold on and preach hope for things bouncing back in the next couple of years, but then again, they also said trading revenue for the industry is probably going to be down in 2016 given the rough start to the year. there certainly a lot o