kueng and thao turned down a deal. under that they would have served three years to serve concurrently with their federal sentences of at least three years each. one legal expert not affiliated with the case believes the case will head to trial in october. it's going to be difficult for the state to prove that these two individuals intentionally aided mr. chauvin in an unintentional act. that's a hard hill to climb, so they probably thought that they have a good defense. >> both men were working with former officer derek chauvin when he pinned his knee on george floyd's neck for nine minutes in 2020. he was convicted last year and is serving more than 20 years on the state charge. >>> british drug regulators are the first in the world to authorize a covid vaccine targeting two different variants. the updated moderna booster helps to protect against the original covid strain and the omicron variant. officials say it meets regulator standards of safety, quality, and effectiveness. britain's health saert calls it good new

kueng they don't believe this was an attempted robbery as reported by but an example of the pandemic of hate. >> so many asians are being killed. we have to do something to prevent more killing. question new to groups such as the oakland chinatown improvement and others are gathering money for a reward fund to help catch louise kelly. in oakland, dion lim, abc 7 news. >> density was one of two homicides over the weekend. >> this is not who open is. this is not a reflection of who we are as a community. this is the worst of what we have in our community. what we saw here was so tragic. i hope that someone out there is inspired to share what they saw. >> chief armstrong says there are now 77 homicides in the city this year. that number was 81 this time last year. armstrong says the department is adding officers, 30 new officers graduated days ago and a new police academy started today. now to breaking news at a fairfield where police shot a man who is now in the hospital. haricots police department says it happened around 2:30 this afternoon your central way and commerce court. they ha

. ♪ kueng is time for the business flash, some of the busiest stories in the news.hey have the omicron vaccine ready in time for fall booster campaigns. the german company plans to deliver the first doses of the shot in october. profits fell short of estimates. the deal values the company at $525 million. it started in newspapers and owns dailies in atlanta and ohio. they had a $25 million investment in axios. here is how bad the labor shortage is in australia. the airline is looking for 100 executives to leave their jobs and to luggage in sydney and melbourne. qantas canceled 8% of its flights. that is your latest business flash. alix: that's amazing. that says a lot. coming, we will look at the centerleft coalition collapsing in italy. what it means for reform efforts as credit ratings are on negative watch. the macro advisor joins us next. this is bloomberg. ♪ guy: how hot is too hot? we put this question out there thinking we would be referencing the u.s. economy. when it comes to europe, that question applies eared the question applies to the weather, the energ

according to kueng blast, some $200 million in crypto -- coin blast $200 million in crypto assets liquidatedday. let's bring in david, cofounder and president of prochain capital how long will this last for crypto? >> i think it lasts through labor day at least. the dog days of summer, not much going on, i think macro we have had a good run up in equity markets. we have had a good run up generally in crypto, certain very strong in either. right now the market is deciding should we be a risk on environment or do we need to pay more attention to inflation rates, policy and so forth? emily: how long does it extend beyond labor day? david: i do not think very long, we will start to get some announcements after labor day around things the crypto community cares about. legislation, regulation, and potentially industry related announcements like the few received out of like rock over the last couple of weeks in terms of -- black rock over the last couple of weeks in terms of their for a way -- foray into crypto. emily: do you differentiate between crypt -- bitcoin and ether? >> right now you have t