juliette saly.a: looks like we are having a bit of an audio problem with juliette saly over there in singapore. but one of the things she might have been telling you about is there is a new appointment at the pboc. let's get to that because yi gang has been named as the new head of the pboc. by choosing the deputy to replace the incumbent, zhou xiaochuan, it signals the country is seeking continuity. say about the direction of monetary policy and all of the other policies they are in charge of? into yi gang as he left the session, and he reiterated what you just said. when he was asked what his focus would be in terms of priority, he said financial sector stability. he said further moves to open and reform the financial markets here in china, and he said prudent monetary policy. those are the three key areas for him. this is a man who spent 10 years as deputy governor under the wings of zhou xiaochuan, who was the governor for 15 years. they worked through these .there were those moves that yi gang

here is juliette saly. juliette: donald trump is poised to take his most aggressive actions yet against russia today. he is likely to announce the expulsion of dozens of diplomats in response to the nerve gas attack on a former russian spy living in the u.k.. the move, all but certain to provide retaliation comes as trump tried to maintain a semblance of a constructive relationship with the russian leader. the u.s. treasury secretary says he is optimistic of a deal with china that would avoid the imposition of tariffs ordered by donald trump. news mnuchin told trum that the two sides are engaged in conversation. in chinaand -- worth $50 billion. are simultaneously having negotiations with the chinese to see if we can reach an agreement. as the president said, we want to cut the trade deficit $100 billion over the next year. we want to eliminate forced technology. we are having very productive conversations with them. i am cautiously hopeful. we are proceeding with the tariffs. juliette: in barcelona, protes

for that, we go to juliette saly. juliette.ernment is awaiting the kremlin's reaction to the expulsion of 23 of its diplomats after prime minister theresa may announced the move ofresponse to the poisoning a former russian spy and his daughter in britain. russia is likely to expel a similar number of british diplomats while this statement foreign country's ministry suggested it would go further. in the united states, the incoming economic advisor has signaled the donald trump would support a strong dollar. and it's after his appointment was announced, larry kudlow, cnbc contributor, was on the network, outlining his youth on a range of economic friends. he suggested the president would pursue a second phase of his tax overhaul to make cut permanent and take a tougher line on trade with china. the u.s. senate has passed legislation to ease constraints on smaller banks, giving the finance industry its best chance yet of rolling back wall's from the 2008 crisis. toughesttisan bill -- requirements of the dodd frank act. it raises t

juliette: u.s.resident trump has used the annual white house statement to criticize iran and sharp languageth rarely seen in a celebratory presidential message. he attacked the revolutionary guard and criticizing corruption and mismanagement of the academy. he said the average family is 15% poorer today than it was 10 years ago. warned president has that efforts to widen divisions with time one would be "punished by history" in a nationalistic speech to mark the start of his second term. his country had the capability to stop any attempt to formalize the island's independence. this came days after donald trump signed a law allowing high-level official visits to time one, a move which would elevate its diplomatic status. global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. you can find more stories on the bloomberg at top . fangede calling it the flu. in the u.s. and it seems like the asian tech players have caught that the -- caught the fever

juliette: that is your bloomberg business flash.nt donald trump has ordered 60 russian diplomats to leave the country and closed russia's consulate in seattle. his response to the nerve agent attack on the spy in the u.k., it is the largest expulsion in u.s. history. rosalynn matheson joins us for more on the story. we caught up in our ago. how hard did theresa may have to work to get this kind of response? glorifyin, reset, and as the tories would like to put it, a special relationship with the united states. she had to work extremely hard for a number of weeks. she lobbied germany and france. she said her national security .dviser to brussels to brief she did play on the special relationship the u.k. and the u.s. has. it came at a important time for donald trump. this is an allegation about russian meddling in that 2016 election. the time for him to stand up and look strong was pretty good for him as well. what is the significance of this court needed effort? you weren't sure if we were going to get a couple of european countries

this get a first word update with juliette saly. juliette: u.s. of state rex tillerson says the substance used to poison a former russian spy and his daughter in the u.k. clearly came from russia. willrned that the event trigger a response. earlier, the british government blamed moscow for the use of the nerve agent, and gave president putin until today to respond to the accusation. >> russia's record for sponsoring's assassination, and our assessment that russia views some defectors as targets for assassination, the government has concluded that it is highly likely russia was responsible for the act. in the u.s., republicans who control the house intelligence committee have ended an investigation into the 2016 election, saying they found no evidence of collusion between the trump campaign and russia. this came amongst intense objections from democrats. the investigation of robert mueller continues with four people from the trump campaign facing charges. donald trump may name larry kudlow as his top economic adviser this week. cnbc personality has

in juliette, georgia, radioactive water flows from the tap. these problems may seem unrelated, but with a closer look, these two communities share a common denominator--coal ash, and lots of it. the discovery of coal in the united states dramatically shaped our energy future. today, there is no greater source of power than coal combustion. it' responsible for nearly 40% of our electricity. but burning coal generates waste. it's called coal ash, and every year in the u.s., 130 million tons of it is created. >> it's the largest industrial waste stream in america. you could fill the boxcars of a freight train that would stretch from new york city to melbourne, australia, with the coal ash that's generated every year in this country. >> the ash contains toxic metals. lead, arsenic, chromium, cadmium, others. and it even has radioactive substances. >> it's these pollutants, many of them known to cause cancer, that have people worried. and the big question is, where are all these toxins ending up? >> there's fly ash and coal dust... we'll go on the

juliette, i think you're spot on with this. what did andrew mccabe know and why is this administration so afraid of what he knew? we'll talk about that as well when we come back. more on the breaking news the firing of andrew mccabe 48 hours before the planned retire pmt congressman eric swalwell from the house intel committee joins me next. my name is jeff sheldon, and i'm the founder of ugmonk. before shipstation it was crazy. it's great when you see a hundred orders come in, a hundred orders come in, but then you realize i've got a hundred orders i have to ship out. shipstation streamlined that wh the order data, the weights of , everything is seamlessly put into shipstation, so when we print the shipping ll everything's pretty much done. it's so much easier so now, we're ready, bring on t. shipstation. the number one ch of online sellers. go to shipstation.com/tv and get two months free. your plaques are always there at the worst times. constantly interrupting you with itching, burning and stinging. being this uncomfortable

juliette, i think you're spot on with this. what did andrew mccabe know and why is this administration so afraid of what he knew? we'll talk about that pl we'll talk about that when we come back. more on the breaking news the firing of andrew mccabe 48 hours before the planned retire pmt congressman eric swalwell from the house intel committee joins me next. if your brokerageondering offers some sort of guarantee? guarantee? where we can get our fees and commissions back if we're not happy. so can you offer me what schwab is offering? what's with all the questions? ask your broker if they're offering $4.95 online equity trades and a satisfaction guarantee. if you don't like their answer, ask again at schwab. ♪ get outta my dreams ♪ get into my car ♪ get into my car ♪ ♪ get outta my dreams ♪ get in the backseat, baby ♪ get into my car ♪ beep, beep, yeah ♪ ♪ get outta my mind ♪ get outta my mind ♪ ♪ get into my life applebee's to go. order online and get $10 off $30. now that's eatin' good in the neighborhood. and get $10 off $30

juliette: juliette: -- juliette: cme group, the $56 billion giant of futures trading, has approachedichael spencer's next group about buying the company. they are in the early stages of negotiating with cme after bloomberg reported on their discussions. agreement may be reached while a representative of cme declined to comment. buyers plan to win antitrust approval for its takeover of monsanto. it is said to have not satisfied u.s. officials, who are worried of the merger could hurt competition. according to people familiar with the matter, the justice department's antitrust division does not think the proposal to sell businesses goes far enough. one of them said the u.s. government wants the german chemicals company to divest more asset to resolve its concerns. former qualcomm chairman paul jacobs has reportedly approached several investors in a bid to acquire the chipmaker after its takeover by broadcom was blocked by donald trump. according to the financial times, jacobs has informed qualcomm's board of his plans and approached companies including japan's softbank to become one of

for that we go to singapore and juliette saly. juliette.iette: north korea want to sign a peace treaty after meeting with donald trump, reviving a long-held goal of pyeongchang, according to a -- pyongyang, according to a south korean newspaper. they said kim jong-un is likely to raise the possibility of establishing diplomatic relations and nuclear disarmament. meanwhile, the cia head, mike pompeo, has ruled out any relaxation of sanctions, and said kim must stand by his offer. temerse finance minister also is coming under pressure to resign amid a deepening scandal about alleged favors to a school with links to prime minister shinzo abe. one lawmaker says he has a report from the finance ministry admitting that documents on the sale of public land to the e altered. stocks pared some gains. china, canada, and hong kong, among the economy most at -- economies most at risk of a banking crisis. lasta, whose economy grew year at the fastest pace since 2011, flagged due to maxed out credit cards and high debt levels in the wider economy. househ

let's get the bluebird first word news with juliette saly. juliette: u.s.resident donald trump is set to announce state tariffs on steel and aluminum imports today. according to people familiar with the matter, he wants to announce tariffs of wi-fi 5% on steel, and 10% on aluminum from all countries. it would be one of trumps toughest actions yet. it risks antagonizing friends and foes alike. more than 38th two donald trump have been stripped of access to top-secret intelligence, according to two people familiar with the move. the aides have been notified they will be downgraded security clearances. white house communications director hope hicks is stepping down. this came a day after she testified in front of a house intelligence panel, in which she said she tells white lies. deutsche bank has been asked to provide information about the relationship with jared kushner. according to people familiar with the matter, the state department spent -- sent letters to the german lender last week. kushner's business ties have come under scrutiny. the u.k. prime mini

juliette saly standing by.s poised to dispose of a plot of land in hong kong to a local property developer. embattled chinese conglomerate accelerates its selling spree to repay debts. the site is likely to be completed by may. the bid is higher than what -- than what hna paid for the site. is making way for liquidations force u.s. operations. although the situation is still fluid, a shutdown of the u.s. division has become likely. so far, failing to find a buyer or reach a restructuring deal. martin tricky faces sentencing today on a securities fraud conviction. prosecutors say he deserves at least 15 years behind bars for performing funds. made ayer has last-minute pitch for leniency, saying his client didn't try to create a circus like atmosphere at his trial, which he blamed on a rapid media presence that did its best to users -- to disrupt the case. that is your bloomberg business flash. the governor of the people's bank of china says market access performs a should be accelerated and the country can be mo

we go to juliette saly. juliette.uliette: unilever is consolidating its headquarters in the netherlands, abandoning a u.k. base it has maintained for nearly a century. it is a significant blow to prime minister theresa may as she strives to maintain investment in the country. the decision ends months of lobbying after the maker of marmite spread and of soap that it would simplify it headquarters structure. societe generale deputy is leaving the company -- a specific legal matter predating his apartment to that role. the bank says he resigned in order to preserve the bank cost general interest without identifying the dispute. will not receive any severance pay. capital management group is shutting its hedge fund as the fund refocuses on core products under the leadership of rubbish fear.r -- robert shoul assess declined to 230 million from about $900 million two years earlier. a spokesperson for the firm declined to comment. cathay pacific airways seeing respite from it earning woes. asia's biggest international carrie

called plant scherer, it's located in juliette, georgia, and is majority owned by georgia power. each year it produces 3 1/2 million kilowatts of electricity. generating that power requires a lot of coal. over 1,200 tons of coal are burned every hour at plant scherer, and in 2010, that resulted in 2,200 tons of coal ash. and it's all dumped into a 750-acre unlined pond, meaning nothing prevents toxins from entering the groundwater. >> they built this plant an area where there's no public water access. everyone within a 5-mile radius and maybe even further, drinking on private well water. >> that includes donna and phil welch. when they built their home n 2001, they thought they were moving into an ideal countryside home. >> and we were so excited about moving to the country. um, fresh air, you know, kind of john denver-ish generation that we were from. and we were excited about bringing our children to the country. you know, building the home of our dreams. >> instead, like others in juliette, they got sick. >> several years after we moved in, i started developing some numbness i

able to exploit the data, juliette or the fact that facebook made it easily available.ou think of that? >> so, i just -- it's a challenge here because it's like who do you believe right now? so cambridge analytica careerly did something wrong in the sense that it bought information that should have not been gathered, at least under facebook's rules. on the other hand facebook knew that it had happened and didn't notify it or try to shut it down. in fact let's be honest here. it did not kick cambridge analytica off the platform until friday night a few hours before matt appear others post-ed the story in the "new york times." there is that sort of, you know, timing issue here about what facebook knew and how engaged they were to stop it. let's go back to the first point, which is there is a reason why they didn't do this before. and that's because their business model depends on the selling of information. that business model will have to change or we will have to change. one or the other. but it's -- you know, we just have to face up to it that facebook is not the victi

juliette saly has your business flash.agement is building a stake to take on the carrier's largest shareholder event. according to people with -- familiar with the matter, they will nominate directors to the italian board, and push for changes at the company. chairman hasve said u.s. financial regulators are working quickly to make material changes to the volcker rule. acquitted inwas the dodd frank act as a way to avoid risk-taking from banks trading with their own money. it has been a top target from the trump administration to dial back regulations to spur economic growth. global emissions cheating scandal has put the future of diesel engines in doubt. they expect consumers to return to the embattled technology. the comments were made in an interview at the international motor show. >> the situation is different. the problems in germany have been around for many years. the communities and politicians have not reacted. what we can do, we can provide technology, explain the ,echnology of modern diesels market it, and make

here's juliette saly. donald trump is overncing tariffs intellectual property violations. the administration is considering targeting more than 100 different types of chinese goods create it will be the first trade action aimed at china which has blamed for the hollowing out of the manufacturing sector and the loss of u.s. jobs. the u.k. is said to be sharing secret intelligence about the nerve agent attack on a former sky -- spy to persuade them to -- expel russian diplomats. 23 operatives were ordered to leave and retaliation for the agent had his daughter. in the u.s., conor lamb has sealed his stunning upset in a special election for pennsylvania house seat that had been in republican hands for 15 years. stateponent, representative rick's account -- saccone has concedes. trump campaign for the presidential candidate before the election. --na's bank has increased tightened policy in step with the federal reserve. bysing the interest rates five basis points. today's decision is the first following the ap

juliette saly with the new zend markets out of singapore. president trump has ended his foreign-policy -- appended his andign-policy team replacing them with mike pompeo. trump announced the ouster i a tweet. -- by a tweet. it was several hours before the president discussed his decision with tillerson himself. the outcome of a special election in a pennsylvania district that trump won by 26 -- 20 points in 2016 is still too close to call this early morning on the east coast. joining us now for more on the phone is matthew philips, the politics and policy editor for bloomberg businessweek. what has been the fallout so far of this tillerson departure, it seems to have happened and been digested fairly quickly. >> that is right. this is something we have been from her, talking about for months. it was a surprise the way it went down but not really. the fallout is one more of the perceived moderating influences is gone. garycomes a week after cohn step down in the wake of the steel and aluminum tariffs. tillerson was one of the group of these p

here's juliette saly.iette: uber has agreed to sell its southeast asian operations, withdrawing from yet another region. it will acquire all of their operations in a region of 620 million people, including food delivery service. in return, the ride-hailing app will take a 7.5% stake in a combined entity, and they will gain a new board member. has filed for chapter 11 bankruptcy protection, saying it has liability for as much as half $1 billion. a deal had already been negotiated but was cut by about $700 million, with $145 million of new capital into the company. their fortunes took a hit after the election of donald trump by self-proclaimed "true friends" of the gun industry. has yet to be contacted by swiss authorities over a bribery investigation related to mongolia's copper and gold mines. in an exclusive interview, the ceo also said that the $5.3 billion expansion remains on track. whatsoevero contact by the swiss authorities. [indiscernible] we shouldn't forget that it was a time when rio tinto was [

juliette: cme group.futures trading has approached michael spenders -- michael spencer's ndx group. they confirmed they are in the earth -- nex group. they are in the early stages of negotiating. a representative from cme declined to comment. buyers plan to win antitrust approval -- bayer's plan to win antitrust approval --. the justice department's antitrust division doesn't think that bayer's proposal to sell businesses go far enough. they want them to divest more assets to resolve its concern. 2.4 billionraised euros. to make --.ing ceo joe further towards kaiser's goal of dismantling the structure of europe's biggest engineering company. that is your bloomberg business flash. matt: thanks very much for that. russia heads to the polls on sunday to elect a new president. vladimir putin is running for his fourth term, which according to the constitution could be his last. with our in moscow with a guest -- we are in moscow with a guest. >> good morning and thank you. that's right, vladimir putin is anoth

now kpix5's juliette goodrich reports they're demanding that the city take some action. juliette? >> reporter: well, ken, these tenants came right to city hall today to demand some change, something to happen at this place. turns out the city is one step ahead of them. they already visited the apartment complex yesterday and they found a series of violations. it's not just one cockroach or bedbug. they're all over. >> sometimes we even hear rats through the walls like scratching in the night. >> reporter: some tenants collecting them for evidence. we're inside one of the tenant's apartments. they say any time they open up cabinets they can see some of the cockroaches and some of the bugs just infested. you can see underneath here where the food is. >> they're not supposed to be living in infested dwellings. >> reporter: edith paestrano said the tenants are also facing rent increases. >> many tenants are putting up with the conditions and not speaking. i'm not saying anything with fear that they're going to be retaliated against or that they're going to be kicked out. >> reporter:

juliette saly there in singapore. now more from our exclusive interview.irst timeor since his release from detention and saudi arabia. shares in his company plummeted 20% in the days after his initial detention. the stock price has since recovered and now the prince is on the hunt for new deals. he told us about some of his plans for the business. >> since i left, we are now in touch with the government. they have a big project in military. and they will have resorts. we were invited to be in the other projects they have. i huge entertainment center. since we are involved in hotels, in media and entertainment. no competition. we complement each other. reporter: if you become involved with this resort in the red sea and the entertainment complex that is being built in riyadh, this will be by choice? is this part of your ongoing relationship? >> you're very start. this has nothing to do with any conditions. we were invited to invest in the four seasons. even though tour -- even before the detention. reporter: what about coinvestment? while the public investm

i agree with juliette, the russians almost wanted to get caught. the message to exiles, especially ex-intelligence officers is we can get you anywhere at any time and if you work with the british, if you work with the americans we are coming to get you. and just like litvinenko, i mean there was barely an attempt to hide that. they traced the pelonium back to the russian reactor. only with the orders of putin. there was a law passed in 2006 in russia allowing the russian intelligence service to make hits overseas. i mean it's a public law. >> why isn't this treated as a terrorist incident, juliette? >> well, it very well may be. but if it's state sanctioned it's worse, because, you know, you're not going to war with russia over this. nonetheless you have to have to protect your nation. and you see this kind of saturate of emboldenedness. we always talk about russia hasn't been checked, whether you're elections or these kinds of attacks, russia just gets more and more emboldened in the capacity to do it. >> okay. >> and so the british are being smar

kpix5's juliette goodrich on a spectator crushed when a giant tree came crashing down. juliette? >> reporter: you know, that spectator happened to be the father of one of the girls who plays on that varsity shot of ball team. the tree directly behind me has been cut down now from the city, but it was there on friday, came crashing down onto the father who was sitting at this picnic table watching his daughter. he is now in the hospital in serious condition and now the city of alameda is taking a good, hard look at all of its trees. >> we were playing ball and we heard this loud popping noise. it sounded like thunder. >> reporter: john harrell first heard the sound of a tree falling and then he saw a man trapped underneath it. the force of the tree also took out part of the bench the man was sitting on at the time. >> his legs was trapped underneath the base of the tree and i was looking out for his head because i thought his head was like kind of impaled by a branch, you know, like there were scars on his face. >> reporter: emergency crews had to chainsaw the branches to get the

i want to bring in juliette kayyem and matthew rosenberg. matthew, i want to start with you.tory based on christopher wylie's whistleblowing. explain how this information brings us closer to understanding what may have happened in the 2016 election. >> um, that's a big one. i mean, look, we know from this that there was a large harvesting of social media data. we weknow there were people out there trying to get profiles of american voters, who is going to move them or get them to stay home and not vote. how that was deployed still remains a source of immense debate. we know there were a lot of kind of odd connections between cambridge analytica and some russian firms like luke oil. dr. kogan, the came brin university researcher who helped cambridge analytica, he's a little bit -- his connection is a little more nebulous here, and i'm not entirely sure we should say he was connected to russia. but there are these unexplained moments in this. i think that's something that the mueller investigation will be looking into, i'm sure. >> listen, here's what cambridge analytica says.

hello welcome welcome to the program. >> hey, don. >> juliette. we're learning more about the foengz of the investigation. do you think rick gates is the lynch pin needed to make the collusion case. >> no, he will need more. but it's not just rick gates. rick gates might have kept -- have emails, documentation, other evidence that leads to other people who may know more. sarah was reporting that rick gates wasn't in the inner circle. but as mueller is able to get more information about what might have been happening in the inner circle, some of that may begin to talk as well. this is how a conspiracy unfolds. we are watching it in 24/7 cable news time which is some random case of a random lawyer, a court filing at 10:00 p.m. at night with a little reference to a potential discussion between manafort and a russian intelligence agency or that they were -- that they were friendly, then leading to, you know, sort of disclosures about what gates may be saying. this is just going to keep happening. it's at the oval office. we no he that now. and we are

kpix5 reporter juliette goodrich is what led up to the school's decision. juliette? >> reporter: it was an emotional season ending and one the team likely didn't see coming, but the school said it was a tough decision to make. the team attended a party the week before and that is against school policy. the girls' basketball team learned a tough ranking 17th in the state ending the season early forfeiting the playoffs for violating team rules, not rules on the court, but off the court. the forfeiture was the result of all of the teammates attending a part by a member of the team. the school investigated the party monday and the next day the california interscholastic federation got the call from carondolett the season is over. some things are bigger than basketball the coach said. he said there was heartbreak, but in the end it's a tough and important lesson learned. the school released this statement. the high school will forfeit the basketball tournament game friday, march 9th, as a result of the violation of team results at a nonsanctioned event off campus. the sch

here is juliette saly. juliette: u.k. brexit negotiators want to secure a promise of a transition gil from the european union at a key summit to reassure businesses that they will get the grace period they desperately want. according to people familiar with the matter, that you's chief brexit negotiator, michel barnier, and david davis, are prepared to hold talks and a press conference in brussels today. it's a sign the sides are on track to reach an agreement on a status quo transition phase that will last until the end of 2020. in the u.s., donald trump has made his most direct attack to date on the justice department's investigation into russian election-meddling. being led by special counsel robert mueller. the latest sign that a showdown may be brewing over the probe. the president tweeted "why does the mueller team has 13 hard and democrats and zero republicans?" is move to oust mueller expected to ignite a political firestorm in washington. saudicealwae -- arabia's prints moving forward following his release. he ma

let's get the business flash from juliette saly.: tesla had said not know what caused the fatal accident involving its model x car in california on friday. it has not been able to it retrieve the vehicles blogs. the companies working to recover data from the car's computer. tesla did not disclose whether the driver engaged its security system when the crash occurred. plan to greet the biggest solar project in saudi arabia. it will cost around $200 billion, but that will not be needed in one go. the company will contribute $1 billion. the ceo says a total of 200 gigawatts of power will be available by 2030. the project will create up to 100,000 jobs. >> this is the first big to create the world's biggest solar power. [inaudible] . juliette: apple has unveiled a low-cost ipad geared toward students to compete with google chrome books. the model has a nine inch screen andcost $299 for students, 300 troy nine dollars for other users. the tablet supports the intel accessory. the company also said it is releasing new versions of its i wor

let's get an update from juliette saly.u of tariffs on steel and aluminum by the trump administration. that comes as the block is expected to target 2.8 billion euros of u.s. goods, everything from t-shirts to motorcycles if washington goes ahead with the plan to impose steep levees. -- levies. >> we are assessing what are the options of our action. we will react in a firm and proportionate way within wto rules. the eu will need to react to that kind of one-sided tariffs imposed by the u.s.. juliette: the trump administration is considering clamping down on chinese investments in america and imposing tariffs on a broad range of imports. according to people familiar with the matter, and announcement following an investigation by the trade representative office into china's practices is expected in the coming weeks. the presidents announcement last week on tariffs has ratcheted up the global tensions and led to the resignation of his chief economic advisor, gary cohn. the u.s. justice department has on a crackdown on immigrat

here is juliette saly. the trump administration will exclude tariffs.d mexico from white house traded pfizer peter navarro said the nations will not be subject if they sign a new nafta deal. he added other american allies could use a similar system to ask for an exemption. china's exports matched expectations and -- in february. as imports rose to 6.2% which was below forecast. that left a trade surplus of almost $34 billion against estimates of a 6 billion dollar deficit. the foreign minister warned of a justified and necessary response to any efforts to incite a trade war. japan's economy grew by a much better than expected 1.6% in the fourth quarter. the japanese economy has grown for eight straight quarters since global demand fueled record profits and rising business investment. economists are warning that the longest run of expansion in three decades could end in the first quarter. the white house is weighing a broad list of contenders to succeed gary cohn as the top economic advisor. according to peo

let's get a bloomberg business flash with juliette saly. novartis plans to sell a 36.5% stake in its consumer health care joint ventured to u.k. rival gs k a $13 billion deal. novartis tol enable focus on the development and growth of its core businesses. glaxo with through from the bidding process last week. carlyle group has won an auction to acquire the specialty chemicals unit of akzonobel. the eye out from heart with singapore sovereign wealth fund gic to bed for the business. the 10 billion euro deal will leave the company focused on paint and coatings. the bulk of the proceeds will be distributed to shareholders. and reporting its lowest first-quarter profit in 16 years, as extreme and rapid weather swings made it harder to sell a buildup of unsold garments. operating profit fell 62% in the three months through february. to stop has ordered uber operating a thomas cards -- a utonomous cars on roadways after a failure to comply with safety standards. a vehicle hit and killed a woman in tempe, arizona. volkswagen's cfo said the first w

let's get the first word update with juliette saly. juliette: u.s.resident donald trump has confirmed that he will slap tariffs on steel and aluminum imports to protect national security. he said he would impose tariffs of 25% on imported steel and 10% on aluminum for "a long. bank of time" and is expected to sign a formal order next week. his hawkish move could hit produces from europe to asia and spur global retaliation. >> we have the big aluminum companies in the united states and they have been unfairly traded -- treated by bad policy. they have been horribly treated by other countries, and they have not been properly represented. because of that, workers in our country have not been properly represented, so we are going to build our steel and aluminum industry back. juliette: chinese metal makers have hit out at donald trump's decision to slap tariffs on steel and aluminum imports. the vice-chairman of the iron and steel association said "this is a stupid trade protection measure each will only make the u.s. weaker instead of stronger." his cou

juliette saly in singapore.ld are failing to hit their inflation targets forcing some to shift the goal post either officially or not. norway's decision to lower its target is the latest example and in new zealand which is the birthplace of inflation targeting, the central tank is shifting to a broader goal which means employment. i wonder what you think about this because i was at the ecb last week, they took out there easing bias in the face of u.s. tariffs and even as they lowered their inflation target. forinflation expectations next year, what is the point of having a 2% target officially, you almost unofficially admit you are never going to hit it? are: i do not know they unofficially admitting that. explicit out the easing bias. it is still their exquisitely. there is no chance that the ecb are going to change this mantra. of a 2%at do you think inflation target? it difficult for the u.s. with 4.1% unemployment. how easy is it to hit in the european union or frankly, anywhere else? is this a whole new wor

i want to talk about this with juliette kyam and steve hall, retired of chief cia russian operations and michael moore. good evening. steve, let's start with you. we learned a new name today that wasn't on any anyone's radar, that is ted malloch, a former trump campaign adviser. why was the fbi asking him about roger stone and wikileaks? >> yeah. there's this continuing issue of the connection between roger stone and wikileaks, because of the role -- the unique role wikileaks played in disseminating the stolen information from the dnc. my only knowledge of this guy is he seems to be a state guy which calls into question his credibility. mueller is running the investigation and thinks it's important to talk to him. that's good enough for me. >> the fbi asked malloch if he had been to the he can doecuado. that's where julian assuage has been for six years. does the fbi think malloch was an intermediary of some sort? >> it sounds like it. in the cnn reporting, that was the one sentence that stood out because it was so specific. it wasn't what was your relationship to the trump campaign?

let's get to juliette saly with your business flash.eelette: kobe s shares have fallen again after the company's president confirmed his resignation after a scandal found more misconduct. he will quit on april 1 at the start of the new fiscal year in japan. his successor will be named in the coming days. the executive vice president and head of its aluminum division will also step down. says he iso's ceo not worried about future oil demand. speaking at a conference, he says he thinks the world will need oil and gas for as far as head as he can see. >> cannot lose sleep over oil demand or resources. oil and gas will continue to play a major role in the world where resources will be required for the perceivable future. maria confers says her group is pulling out of the deal to buy the troubled weinstein film and tv studio after the examination of its finances raised doubts about the company's viability. after theell apart liabilities were higher than the $325 million previously thought. she considered buying weinstein assets if it became

that's go to singapore for the bloomberg business flash with juliette saly.ette: the firm accused harvesting profiles has been cap -- caught in secret footage bragging about how it used prostitutes to ensnare politicians and influence elections. executivesnalytica were talking about their tactics to sway campaigns. 2016 -- in thee 2016 u.s. election and brexit. " a lot of the allegations put to cambridge are unfounded and extremely unfair," uber has halted all autonomous the eagles after one of its cars kill the woman in arizona. she was crossing a road in tempe, arizona when she was struck. with ant known fatality autonomous vehicle comes at a critical juncture for the industry. companies including general motors and tesla are investing billions of dollars to develop the technology. saudi arabia is reportedly scaling back plans for the public offering of aramco. that is according to "the wall othersjournal," and close to the matter. they plan to will american business leaders during a trip to united states. thank you very much. staying in the gcc, a bloomber

this is bloomberg. ♪ juliette: this is "bloomberg daybreak: americas."e david westin are off today. let's get an update. the stoxx 600 higher by .3%. s&p futures despite some of the choppiness that we saw in this session yesterday, we are according -- where come to the court and. u.s. futures -- to the quarter end. we continue to watch what we see in the tech sector p.m. amazon, facebook, tesla, very much in the spotlight for traders. 2.77, the year on the level. higher inlar yen terms of the level one. the level overall down, .2%. take you back that 1.6% that we saw yesterday's trading session. little bit of easing. let's get an update on what is making headlines outside of the business world. >> theleinz is here at leaders of north and south korea have agreed to meet face-to-face on april 27. the meeting will be the first such meeting and 11 years. leaders of the two nations which are still at war have only met twice since the peninsula was divided in 1948. it could set the stage for similar meeting between kim and donald trump. in the u.k., detectives

let's go to juliette saly.th korea want to sign a peace treaty after meeting with donald trump, reviving a long-held goal of the on yang. -- of pyongyang. citing an unidentified senior official in south korea's office, says kim jong un will raise the possibility of establishing diplomatic relations. the cia head mike pompeo has ruled that any relaxation of sanctions and says camera must stand by his offer to stop nuclear tests before any meetings. is getting pressure to resign. one lawmaker says he has a report from the finance ministry admitting that documents on the sale of public land to the school were altered. stocks strengthened and pared some gains over concerns the scandal could derail japan's recovery. china, canada and hong kong are amongst the countries most at risk of a making crisis. canada, whose economy grew last year at the fastest pace since 2011, was flagged due to next up credit cards and high debt levels in the wider economy. the study also found the house full of borrowing is seen as a risk

juliette goodrich, back to you. >>> car break-ins are on the rise across the bay area. in fact 2017 was a record- breaking year for our three largest cities. we are there on the top spots for smashing grabs. >> chances are this is happened to you or someone you know. we are seeing record numbers of car burglaries in san francisco, san jose and oakland. san francisco leads the pack with 31,100 -- 31,120 break-ins. in the same period san jose reported 6476 car break-ins. that is the highest that they have ever seen. a 17% increase compared to 2016. that is also a record in oakland. 10,007 reported cases and that is up 32% compared to the previous year. >> unlike semper cisco where they have rental cars and others across the nation the majority of the vehicles and commercial districts of people are shopping and dining. more than 60% of their cases happen west of lake merritt. we are talking from west oakland to downtown and all the way up to mount clair. fewer homicides, more burglaries. it is the opposite in east oakland. fewer burglaries and more homicides. so why the up

romeo and juliette, that's a tragedy. hamlet, that's a tragedy. mac beth, that's a tragedy. what happened in parkland, florida, that was terrorism that took place in a public school. it was a preventable public policy debacle that that young man could walk into a gun store and purchase an ar-15. ar-15's are so available people can get them even when they're not qualified to possess even a handgun. in any event, after parkland and after the pulse massacre and after the las vegas massacre and after the san bernardino county massacre and after the sandy hook massacre and after the virginia tech massacre, guess what, 95% of american voters, 95% support a universal criminal and mental background check on all firearm purchases in the united states. that's more than nine out of 10 americans. 19 out of 20 americans. if you include the margin of error, it might be 98%. it might be almost anybody exhe september for the leadership of the -- except for the leadership of the n. ramplet -- n.r.a. and the c.e.o.'s of the gun manufacturers who support a universal background check. if you go

juliette: china's factory output accelerated amid robust global demand.ndustrial output climbed to 7.2% in january and february. retail sales rose 9.7% while fixed asset investment excluding world households increased by 7.9%. and blackholeist theorist, professor stephen hawking has died at the age of 76. a spokesman said he passed away peacefully at his home in cambridge. he redefined cosmology by proposing that my kohl's emit radiation -- that black holes emit radiation. global news, 24 hours a day, powered by 2700 journalists and analysts in more than 120 countries. bloomberg. asian stocks retreated following a drop in u.s. equities yesterday, after a fresh personnel shakeup. both concerns about a unilateral approach to trade, national security and foreign affairs. why did the market react the way that he did? let's go to singapore. mark cudmore joins us. what does the firing tell us about the markets view on politics and concerns about trade? i think everything kind of put together and it is important to put this in the broader context. in isolation,

here is juliette saly. u.s.resident donald trump is set to announce tariffs on steel and aluminum imports. he told a team wants to announce tariffs of what he 5% on steel and 10% on aluminum from all countries. it would be one of trump's toughest actions yet. to implement a hawkish trade agenda that risks antagonizing friends and foes alike. more than 30 aides have been stripped of access to top secret intelligence. according to two people familiar, the officials have been notified of they will be downgraded to lower level secret security clearances. director hope hicks is stepping down. her departure came a day after she testified before a house intelligence panel telling them her job required her to tell " white lies." the u.k. prime ministers set to tusk in london later. it came's a day after theresa may vowed she would never accept a draft brexit agreement that was published by the european union. that raise the prospects that negotiation's over britain's exit from the block are heading for breakdown. europe

here is juliette saly. juliette: the u.s. majority leader has praised robert mueller and said he should be allowed to finish his job. separately, gop senator says sacking mueller without cause be an impeachable offense. a texas, please investigating string of explosions and austin say a new incident may not be linked to the others. that comes after a package exploding yesterday at a fedex shipping center near san antonio causing minor injuries to a worker. hours after that last, explosives were found. trump hasdent donald welcomed mohammed bin salman is a friend of america and a big purchaser of american arms and investments. a decision that would be welcome in saudi arabia which regard the deal as a boon. >> we have a great friendship, a great relationship. i would have to say the relationship was very strained during the obama administration. the relationship now is probably as good as it has ever been. juliette: global news, 24 hours a day, powered by 2700 journalists and analysts in more than 120 countries. this is bloomb