kevin johnson. just ahead. and if you like bloomberg news eck us out on the radio, listen on bloomberg.com and if you are in the u.s. sirius x.m. ♪ emily: starbucks is making a push to save the environment, unveiling its commitment to 10,000 readers stores in the coming years. they will use renewable energy to power their stores. among other things. i spoke exclusively with starbucks c.e.o. kevin johnson at the global action summit right here in san francisco. a wide ranging discussion with the business and started with the coffee chain's push to reduce its environmental impact in the way it works and the waste it generates. >> first of all, sustainability has been a pillar of our agenda for years, starting with the sustainability of coffee and making it the first sustainable agricultural product to greener cups to lead certified stores. so today we're announcing a new greener store framework. we are going beyond the design to how we operate the store. has to do with renewable energy. buying renewable energy cr

my conversation with ceo kevin johnson. and you can check us out on the radio and listen on bloomberg.com and sirius xm. this is bloomberg. ♪ is making abucks push to save the environment, unveiling its commitment to 10,000 readers stores in the coming years. they will use renewable energy to power their stores. i spoke with the ceo, kevin johnson, at the global action summit in san francisco. we started with the coffee chains push to reduce environmental impact in the waste it generates in the way it works. >> first of all, sustainability has been a pillar of our agenda for years, starting with the sustainability of coffee and making it the first sustainable agricultural product to greener lead certified stores. we are announcing a greener store framework. we are going beyond the design to how we operate the store. has to do with renewable energy. stewardshipwater and ensuring we are being thoughtful about water. it is about managing waste. we have a complete program we have put together with our partners that we are annou

selina: that was kevin johnson.e will have more from the global climate action summit next when we hear from the san francisco mayor. a little later in the show, canada stocks are heating up. look at the tech behind the drugs regulation. this is bloomberg. ♪ selina: welcome back to the best of bloomberg technology. i'm selina wang. france -- sam cisco mayor was sworn in july, she has become vocal on it environmental initiatives. about her commitment to reducing waste and a 100% renewable energy target. >> we are well on our way to 100% renewable energy by 2023. we have 100,000 customers already enrolled in our program. i'm excited about getting to a place where we can go to zero waste and coming up with creative solutions like green bonds that help with our infrastructure. we have the technology to do amazing things and we should use it. just because someone says it's not possible doesn't mean that we don't roll up our sleeves and do everything we can to try. emily: what is the plan to fight rising seas? asked that.

. >> reporter: starbucks ceo kevin johnson sent a letter to employees saying significant changes wereto the organizational structure, the restructuring could include corporate layoffs starting from the top. this comes in part as a result of falling sales. we are hearing job cuts will not affect those who work in the retail stores. here is what kevin johnson had to say, quote, we must increase the velocity of innovation that is relevant to our customers, inspires our partners and is meaningful to our business. these changes will start as soon as this week and continue until mid-november. heather: this is good news. the happiest place on earth getting cheaper. >> in part. they are working on affordable spending plan and flexible tickets and these ticket prices will depend on the day you go to walt disney world. this will depend on how popular the day is, ticket prices range from 109-$129 depending on how popular the date is, is connected to be. you will be able to book this through the new online tool disney's unveiling october 16th, and is your way to book your disney vacation and also

kevin johnson, hhill want t one back here as they are down 14-3. trying to get back in it.ercepted by jimmy moreland. what does he do with it? he returns it 100 yards to the house. not goitl to set for anything but a touchdown when you see that in front of you. james madison goes up 21-3. lone bright spot for richmond. finds jacob. nine touchdowns on the day. they roll to a 63-10 win. >>> to the ryder cupre fansed for success. isn't that great? after winning the last matches friday, europeans kept it going winning the opening threees tod. lo winning streak by either side since 1979. the english duo paul casey and tyrrell hatton took downus dn johnson and rickie fowler in the second match. bad day for the americans overall. need toin eight singles matches on sunday to win the cup. europeans need only 4 1 points to win the cup on home soil. the u.s., by the way, has not won o the road in 25 years. sunday's singles matches begin at 6:00.m. here on nbc. >>> nbc sports and premier league partnering to create premier league morning live. the first event kicks off in d.c. today an

ceo kevin johnson said in a letter that he wants to increase the velocity of innovation. shares of starbucks fell 1.3% on monday. >>> one of the largest tech conferences held each year in san francisco begins today. 170,000 people are expected to attend the conference of dream force hosted with innovation in computing to discussions on how to combat climate change. the speakers included former vice president al gore, commentator ariana huffington and warriors player and tech investigators -- and tech investors. mayor libby schaaf and jeb bush will also be in attendance. the area around the center is closed. howard street between third and fourth, specifically. muni buses that travel through the area will experience some delays. >>> the top of salesforce tower is open with ceo marc benioff tweeting photos from the top floor and he wrote there are no offices, just seating to enjoy the major views. he said the public will be invited free of charge. the salesforce tower is the largest office building west of chicago. we see the fog on many mornings. >>> it's 4:40. >>> a shock

> my background check with starbuck starbucks, this is about innovati innovation this is about kevin johnsonat's johnson buying stock back as it goes up. the next quarter is going to be good what's happening is kevin johnson is doing the right thing which is about technology and not meeting as many people to put out a cup of coffee. all the restaurants are running and all the retails are running, there is a new theme retails have been kept down because of trade talks every time some groups get hammered, buyers come in >> jim, what about oil prices moving up and your idea that they're going to move up substantially in here and prices at the pump becoming higher and does it crimp the consumer everyday and perhaps they're cutting back that cup of coffee from starbucks or should we not see that correlation there >> it is getting expensive i am -- here is what i am saying i will once again refer to phil lebeau what you are getting in cars, don't use as much gasoline we need to hear from visa and mastercard, they got the best, i wish visa would come on. it is a $300 billion company they got the be

coming up, big interviews for kevin johnson, and the ceo of uber are going to be on bloomberg televisionrk, this is bloomberg. alix: opec highlights the global economy will the iea warns game of chess. and br

kevin johnson will be speaking in san francisco. i will be sitting down with him.t miss that conversation. this is bloomberg. ♪ >> welcome to "bloomberg daybreak: australia." >> and i am sophie kamaruddin in hong kong where we are counting down to asia's major market opens. >> here are the top stories we are covering the next hour. wall street hours and emerging markets recovers somewhat as u.s. offers new trade talks with china. the feds see u.s. growth but also plans trump's

comments follow a three day summit with the north korean leader and nauman or help made it between kevin johnson and donald trump to help fulfill the promise of a nuclear free korean peninsula from a private hole through. this summit ended as it began rich in symbolism. president moon j.n. of south korea and his north korean host kim jong un top of mt peck to the highest peak of the korean peninsula spiritually significant to all koreans into korean relations have seen many false starts with attempts at reconciliation often returning to threats of war but there's a strong sense moon and kim want to forge a bond so strong that they can never slip back to the acrimony of the power. into which we adopted a military pact to end a history of brutal and tragic confrontation and hostility. some weapons facilities will be closed but there's little detail on how to fulfill them or they promise to make the peninsula nuclear free it's enough though to breathe new life back into the stalled negotiations between north korea and the united states and could lead to a second summit between kim and u.s. presiden

television, we bring you our best interviews from the week, including our exclusive conversation with kevin johnsoncoffee companies push for a greener future. tune in saturday for the best of bloomberg technology. this is bloomberg. selina: in february, a german study found a 96 point 5% of all attempted youtubers won't make enough money to crack the u.s. poverty line. individual creators may have found a way to expand. youtube's ninth most-watched channel, a series of nursery rhymes praised by parents, has been bought by an agency called moonbug. it made the channel to approve -- to hope improving scale. to discuss is bloomberg's lucas shaw off. what is the significant? -- what is the significance? do you think we will see more youtube channels emerge with other platforms, so should the net -- social networks, even? >> it may be a light at the end of the tunnel. we went through a wave of consolidations and deals were a lot of traditional media companies who were nervous that they were losing the relevance of young viewers, scooped up multichannel networks, which were these networks or companies th

kevin johnson will be speaking in san francisco. i will be sitting down with him.ss that conversation. this is bloomberg. ♪ i'm all about my bed. this mattress is dangerously comfortable. when i get in i literally say, ahh. introducing the leesa mattress. a better place to sleep. this bed hugs my body. i'm now a morning person. the leesa mattress is designed to provide strong support, relieve pressure and optimize airflow to keep you cool. hello bed of my dreams. order online. we'll build it, box it and ship it to your door for you to enjoy. sleep on it to up to 100 nights and love it or you get a full refund. returns are free and easy. i love my leesa. today is gonna be great. read our reviews, then try the leesa mattress in your own home. order during our extended labor day mattress sale and save. for a limited time get 150 dollars off and free shipping too. sale prices are available right now. go to buyleesa.com today. you need this bed. announcer: the following is a paid advertisement for "credit secrets," brought to you by info up, llc. the product endorses wh

that could mean layoffs according to kevin johnson. there will be significant changes to leadership roles and how functional groups are structured. job cuts won't include retail staff. the restructuring comes as starbucks turns its focus to china. u.s. sales have slowed and they plan to close 150 stores here next year. >>> 1400 marijuana plants in the east bay hills. up next, the investigation with an estimated value of $700,000. >>> she's accused of shooting and killing her neighbor in his own apartment. up next, a former police officer is now out of a job. >>> we have traffic getting busier and we also have a couple of things to tell you about when it comes to what traffic will be like this week in san francisco. the bay bridge will play a big role. >>> the fog will play a big role today. if you are by the coast, not that warm. inland, warm to hot and we will take a look at those numbers. ♪ flintstones! meet the flintstones. ♪ ♪ they're the modern stone age family. ♪ ♪ from the town of bedrock. ♪ meet george jetson. ♪ ♪ his boy elroy

in a memo to employees, you'd by bloomberg news, kevin johnson said we must increase the philosophy of- philosophy of innovation. the changes will entail an undetermined number of layoffs including some employee shifts between company departments. jpmorgan ceo jamie dimon does not expect wall street to be forgiven any time soon by americans still angry about the financial crisis well out. he said washington did the right thing to avoid another great depression but admits it could take 25 years of people to accept that. he also said president trump is correct to admonish china on trade but tariffs are the wrong way to go. that is your bloomberg is this flash. manus: thank you. let's talk about the euro, the single currency jumped against the dollar. after mario draghi gave an optimistic projection enough inflation averaging 1.37% through 2020. >> measures to underlie inflation remained generally muted but have been increasing as domestic price pressures are strengthening and broadening. underlying inflation is expected to increase over the coming months. the labor market is pushing up w

it went straight to voicemail. >> kevin: i heard the whole conversation. >> jimmy: give it up for dwayne johnsonand applause ] we'll be right back with more of "the tonight show" with me and kevin hart. >> kevin: come on. [ cheers and applause ] ♪ (nationwide jingle) oh brad, check it out. (agent) there's a variety of packages, so we could take care of any additions you want to do up here. (peyton) this could be a song about home insurance. all right, i'll try it out. (strumming) wait, maybe it's about auto insurance. (agent) with nationwide, you could save up to 20% by bundling your home and auto insurance. bundling home and auto! two songs in one. what do you call that, a crossover? no, it's more of a mashup. yeah, a mashup! you see, that's why we're a great band! we're not a band. yes we are. we are a band. i am in a band. stop right there. ♪ don't go breakiwhat!?heart. here. eat a snickers®. you always lose your edge when you're hungry. better? better. ♪ yo, i said gimme the track... ♪ you're not you when you're hungry. snickers® to save on beauty, denim and home! take 20% off all beauty and

emily chang spoke with the ceo, kevin johnson. >> what we're hearing from farmers is, with global warminganifestation of coffee rust, a disease that gets on the leaves of copy trees. we have worked to create a hybrid rust specific coffee tree that we give to farmers and we work with farmers to develop best practices on how to get the best quality and the best yield. >> that is your bloomberg business brass -- flash. francine: thanks so much. we have been covering the collapse of the lehman brothers. one of our writers worked at lehman at the time. he walks us through what he remembers. >> ima macro strategist at bloomberg. 10 years ago, i was a trader at lehman brothers in london. by late 2007, it became clear we were heading toward some sort of financial crisis. thinknaive enough to lehman brothers was one of the safer banks. searched a full-time job out of the university and i enjoyed it. the atmosphere was good. in the summer of 2008, there started to become this idea that the reality was different to what management were presenting and the situation was dire. on friday the 12th, i was

kevin johnson said the goal is to speed up innovation the number of cuts has not been determined andhey are not expected to impact any baristas. whoever thought that you would be getting stuff like that takes six words to order and you are paying $5 for it >> i don't play that game. i go in and say i would like a large coffee >> i have to look it up, i never remember which one it is large regular coffee they bring you a large regular coffee >> is this a u.n. thing? >> yeah. >> you're going to wade into that you're going east of where we are? >> yeah. >> that's insanity >> the traffic will be a nightmare, so i'll walk. in the rain. >> eamon is excited to be inside >> to be here with a roof over my head. >> is this like a dream? >> yeah. last time i was on set with you -- >> mohawk day? >> no. that was the trump tower day the day after election day in 2016 >> yeah. >> we had an hour and a half of sleep and came out and did "squawk box. >> i wasn't there. i saw it >> was a wild day. everyone trying to process what happened that's the last time i was on set with you guys. it's a treat to

changes are brewing at starbucks, ceo kevin johnson telling employees that falling sales are forcingmpany to restructure, expect layoffs in the corporate ranks to begin as soon as this week and last until november, changes are intended to accelerate growth right here in the u.s. and also in china, taking a look at shares at starbucks relatively flat on the year. well, sears ceo calling on creditors to restructure $1.1 billion of debt as the company seeks to avoid bankruptcy and to sell 1 and a half billion dollars of real estate and divest 1.8 billion of assets f approved restructuring plan would reduce the company's debt about $1.2 billion. sears shares down 65%, maria. maria: all right, lauren, thank you. coming up trade fight heating up. one major company could see price increases, we will tell you where. surveillance video shows one car crashing out of parking garage in atlanta. we have the story coming back here. ♪ ♪ ♪ a hotel can make or break a trip. and at expedia, we don't think you should be rushed into booking one. that's why we created expedia's add-on advantage. now afte

johnson. >>> ahead on "cbs this morning," an interview with former judge kevin sharp who sentenced chris youngime" reports on senator marco rubio's bizarre run-in with host alex jones. >> don't touch me again. i'm not asking you to touch me. i don't want to be touched. i don't know who you are. >> i don't want to get arrested. >> i'll take care of myself. >> oh, you'll beat me up. >> i candidn't say that. >> oh, you're so mad. >> rubio was speaking with reporters during a break in a senate hearing with facebook and twitter when the right wing conspiracy theorist confronted him. as rubio walked away, jones continued to bee -- berate him, calling him a little punk. rubio called jones a clown. >>> amazon's jeff bezos first donation is $10,000 to a super pac that supports military veterans running for congress. bezos and his wife are contributing to a group called honor fund. it hasdites this year, 14 republicans and 19 democra democrats. >>> and gwyneth paltrow's lifestyle company called goop paid a settlement. it involved egg-shaped stones meant to be inserted into the vagina, claiming it can ba

decision is coming into ours from right now, and to guy johnson for a a recap of prime 's speech.heresa may kevin, let's start with you. as we have been talking, there was a headline that came across the terminal and i guess's spee. we have access to judge kavanagh's opening statement? few minutes, last the senate judiciary committee reaching -- releasing part of brett kavanaugh's opening statement which you will read tomorrow morning -- he will read tomorrow morning where he will testify with his accuser, christine blog before. in his opening statement, he says that the allegation of misconduct is completely inconsistent with the rest of my life. record of my life from my days in grade school through the present day shows that i have always promoted the equality and dignity of women. in that same statement, he said he had engaged in juvenile behavior that in hit word is "cringe worthy," but he never engaged in sexual assault. meanwhile, democrats are pouncing on chuck grassley of iowa for scheduling a committee vote at 9:30 a.m. tomorrow. so after the hearing on friday morning, they will vote to

kevin, that is couture. >> speaking of ftoe a party of five. >> jessica revealed she's having a baby girl. >> baby number three comes as a happy surprise for jessica and husband eric johnson8-year-old mogul mama and 6-year-old maxwell in july and jessica told us they were content as a family of four. >> i mean we're very happy and we know how to make babies very well. >> and in april she tried to brush off baby fever while holding a fan's newborn. >> don't give me baby fever. >> so is it time for another one? >> we always practice, but we always practice but it would definitely have to be a miracle singer.r xwell was just 7 months old jessas announced she was pregnant again. >> our babies are beautiful. >> but one thing is for sure, this mama isn't a big fan of lullabies. ♪ when the bow breaks the cradle will fall and down will come baby cradle and all ♪ that's scary. you're like dropping your baby. so i just say sing the national anthem. >> let's shift gears and move on to other news. julie chen announcing she's leaving "the talk." i decided to leave the talk. i need to spend more time were my husband and young son. >> she made her speech just a short walk from the set o

kevin cirilli, our chief washington correspondent. coming up, the chief executive officer of devon energy, the new geophysics of petroleum in america and our independence across the globe. please stay with us. guy johnsonoomberg. ♪ this isn't just any moving day. this is moving day with the best in-home wifi experience and millions of wifi hotspots to help you stay connected. and this is moving day with reliable service appointments in a two-hour window so you're up and running in no time. show me decorating shows. this is staying connected with xfinity to make moving... simple. easy. awesome. stay connected while you move with the best wifi experience and two-hour appointment windows. click, call or visit a store today. designed to save you money. wireless network whether you use your phone to get fit. to find meaningful, thoughtful, slightly-weird gifts. or just to know which way you're facing right now. however you use it, your wireless bill is about to cost a whole lot less. ask how you get xfinity mobile included with your xfinity internet. so you just pay for data -- by the gig or unlimited. saving you hundreds of dollars a year. plus, get $300 back when you buy a new smartphone. xfinity mobile.

johnson wrote. ,t's a leadership contest saying the prime minister's plan is wrong, this is what i would do. be at theedwards will conservative party conference. we have much more to talk about. kevinthrilled to bring you in the next hour, an entire hour, barry eichengreen on your emerging markets. ♪ tom: this morning, it is not just president trump and , barry eichengreen on globalized capital and trump's exorbitant privilege. with unusual speed, the securities and exchange commission will slow elon musk and tesla to a grinding halt. at 9:30, the senators of the judiciary committee will choose. good morning, this is bloomberg surveillance, live from our headquarters in new york. francine lacqua is with us. yesterday, the world stopped across america around noon. extraordinary to see one testimony after the other. francine: and it was very uncomfortable at times. it goes to the strength of the institutions. we'll see how it plays out politically in the midterms. something the rest of the world is watching. news flowve terrific this morning with our first word news, taylor riggs. kavanaugh'st passionate denial of the allegations of sexual misconduct may have given republicans the co