. >> so this is lithium.hat are the odds that some part of this is in my smartphone? >> i couldn't guarantee it, but it is pretty sure, almost 100% your at part of smartphone went through this point. >> this is smartphone juice. >> yes. >> you face must be exciting that teslas are selling well and everyone is getting into electric cars now. >> it is very interesting, but it you puts a lot of pressure on us. we will probably double our capacity in four years. >> chile may have the largest lithium deposits in the world, but it started to fall behind countries like australia and china when it comes to production. in decline, it is a one stop shop with the mining and battery production happening together. this is a leap chilean companies have been unwilling to take. >> maybe you could make the batteries here in chile. >> well, for me it would be great. but the company is an expert in mining and producing lithium. it would put us to produce batteries, we are probably not going to do it well. >> things have been ex

carol: a new gold rush, this time for lithium. all that ahead on "bloomberg businessweek." ♪ oliver: we are back with megan murphy to talk about some more must reads. this is a bizarre story in the market section, a donkey exchange. megan: it is how and china, the latest in all markets and odd exchanges. wrong keys is something where the price has gone up dramatically. there is a shortage now, a shortage of donkeys being born. and china, donkey skin is used in medicine. they have become a rare commodity and people are scrambling to exchange them. oliver: it is not a great outcome for the donkeys themselves, but at least it points to the proliferation of markets. another big story that is a conversation about retail, amazon keeps getting its tentacles into everything. you look into their insistence to be in the grocery business. megan: it goes to the heart of stuff people don't know about amazon. we always think about it dominating the exchange of everything, one click away, right? their insistence on being a bigger member of this

a roaring lithium business and a kind of sleepy health and wellness division. it posted a pretty large revenue miss, something that made investors somewhat skittish. we told you to stick with it anyway, because we liked what we saw under the hood. for example, the agriculture division saw it's sales decline by 6%, but the operating income rose by 75%. fmc's lithium business saw it's sales increase by less than 1%, but it's operating -- health and nutrition, up 3%. also the slowest earnings growth. that's why i think this dupont deal is really important, although it's a truly complicated transaction. basically dupont is giving fmc the biggest chunk of it's fantastic crop protection business in a kooirnd of a trade, fmc is giving dupont it's health and wellness slurolution. the eu is basically forcing dupont to sell this crop protection business. i know that dupont did covet fmc's portfolio. that's why i think it's more of a win-win than most people say it is. that's why they're getting out of the not so exciting health and wellness game. while doubling down on t

you don't want to use the lithium battery all the way down to empty for its application. into a power bank and its fine. but we are stepping down the ladder. that's why a battery from a car would be at home power in your house. mobility is one of the hardest things to do with a battery, so you could free up the battery. we have developed the technology to test it quickly and find what it can be used for. that's one of the reasons the industry hasn't done it, identifying the way to do it quickly. we developed the technology to do that. so that's what you've done? i like the phrase, "powered down to knackered" that must be a barbadian quote!|j "powered down to knackered" that must be a barbadian quote! i have been inspired by a lot of things going on. i come from a background in engineering. i worked as an engineer for a motorcycle in engineering. i worked as an engineerfor a motorcycle racing team. i also worked in renewable energy, coordinating solar installations. i had the insight from both worlds so i saw the opportunity with the electric car. when some of the cars are

the next-generation lithium-battery-powered two-in-one trimmer and edger that means business. when this gang decides to take matters into their own hands, they don't have time to mess around. so if your standards are as high as theirs are, nothing else but the worx gt 2.0 will do. [ dramatic music ends ] you already know the incredible power, precision, and versatility of the worx gt grass trimmer and edger. now it's time to take everything you thought you knew times two. introducing the all-new lithium-powered worx gt 2.0 with two wheel positions, two inches more cutting diameter, and nearly two times the battery capacity, giving you more run-time than ever before. in other words, it's twice as versatile, twice as easy. the worx gt 2.0 is a powerful grass trimmer, a precision edger, and even a handy mini-mower, all in one lightweight, maneuverable, cordless machine. it adjusts to you and to the challenges of your yard for professional results every time. the revolutionary, new worx gt 2.0 -- always ready, always easy, always perfect. >> hi, i'm wendy. >> hi, and i'm paul. >>

lithium, think tesla.by four different firms. >> friday it did react to the news already. >> it reacted. >> as we see. >> it's -- people realize, wow, if monsanto merges with beyer, there's a shortage of pure ag plays and people love the ag business. once there's such consolidation, we know that the regulators don't want to hear this, maybe there's more pricing let's say -- let's say less pricing flexibility. >> these are deals with lack of competition. >> did i say that? >> or at least the marketplace might begin to think. so these guys get rid of the lithium battery thing it will be a pure play. >> everyone wants lithium because which don't have pure plays. everyone wants prop protection. by spinning off lithium, they're a pure prop play and they have a lithium division that becomes an independent company. that means the stock can go much higher. >> got it. speaking of spinoffs and new companies we'll have csc which is now dxc ringing the opening bell. >> anybody who has hb gets 0.85 of this company. >>

he had a lithium ion battery designed for an e-cigarette in his pocket. suddenly, he heard a strange noise. that's when the battery exploded. he saw flames coming from his shorts. the flames left second-and-third degree burns. similar explosions have happened all over the country. the to discuss safety concerns about e-cigarette batteries later this week. former president george h.w. bush is back in the hospital. he was re-admitted to a houston hospital friday, because of a cough that prevented him from sleeping. a spokesman says the cough turned out to be pneumonia, which has been treated and resolved. he says mr. bush will remain in the hospital for observation, while he regains his strength. a source tells c-n-n, the family didn't announce the hospital stay sooner, because they didn't want to worry anyone over easter weekend. the super bowl champion new england patriots will visit the white house today. and they're doing so minus a few of their own. as we told you earlier this week, six players have announced they'll skip out today's visit in boycott o

there are no cost savings by making a lithium eye on plant bigger than other people's lithium ion plants. making them is a fully automated process anyways. whether you have full automation in a small building or ten times full automation in a big building, you are not saving any money. solar city is a disaster. to answer bob nardelli, what gm should do? gm should say, we are not going to colonize mars, we are going directly for neptune and saturn. >> the other point here is as we continue to gain energy independence, fuel prices are down, another record-setting year of driving, the best performing retail was auto parts. i'm not sure the need or the competition. again, the tesla is a little bit about status. it is about being brag doecious. i have got one. if you have a family, if you talk to the owners and you have a family and you want to drive on vacation, you are going to have a hard time. >> you want a mini-van. the 1.9 litre combination, continuous regeneration is probably more appealing now on an interim basis. we'll get there. not in the short-term. >>> president trump also speaki

the will lithium battery explodd destroying the pool table. >> the drone was on top of the table with the batteries beside it. it blew everything off the table. >> surveillance shows a bright flash, the smoke alarm went over waking up the family, they called 911. but used a fire extinguisher before firefighters arrived. >> the family of a woman hit by a philadelphia police cruiser talked to "action news" about what happened. >> new research suggests sugar can have dangerous effects on your brain. congressman macarthur promised to protect our health care. but when right-wing politicians tried to pass a disastrous health care repeal bill that raises costs and cuts coverage, macarthur wouldn't oppose them. macarthur wouldn't protect us from a bill that raises premiums and causes 24 million to lose their insurance. wouldn't oppose a massive "age tax" on people over 50. but supported a 600 billion tax break for the wealthy. tell tom macarthur - stop trying to repeal our health care. you won't see these folks they have businesses to run they have passions to pursue how do they avoid trips t

. >>> another reason to be careful with any electronics that use a lithium battery affirm drone suddenly exploded while being charged at a home in massachusetts. surveillance video shows a bright flash as the battery explodes. the smoke alarm went off waking up the family. they called 911, but used a fire extinguisher to get the fire out before the firefighter got there. >>> a 39-year-old soccer coach in philadelphia is charged with father a child with one of his players, a 15-year-old girl. the victim said he paid her to have sex with him several times in 2015. by october she was pregnant. the baby is 7 months old. police learned of the claims and charged him with statutory sexual assault. >>> earlier this week we introduced you to a new concoction at starbucks, a barista is begging you from ordering it. >>> we have tips to help you save money on your summer trips because we know you're thinking about them, "action news" continues. good morning it is 6:00 a.m., friday, april 21. >> we're following breaking news an eruption of gunfire sends a bullets into a home nearly miss ago man sleep

sanctions board found evidence that they have tried to sell lithium 6 which is used for producing nuclear weapons on the internet. so there is a great deal of unpredictability and we cannot take this threat as being something that's just crazy guy by himself in asia. that may have been the case 20 years ago. it's not anymore. soledad: do you think the trump administration is on the right path in how they're dealing with north korea at this point? or maybe not? soledad: i'm not really sure what the -- victor: i'm not really sure what the path is right now. i don't expect we'll see any big proclamations coming out of the summit. we'll have to follow, reads the tea leaves after the summit, in terms of chinese and u.s. policy, to see if there's actually a strategy that's in place. but i think they've basically played to trump's unpredictability. that the united states is tired of this problem and the ready to do something on its own, if others don't want to help. that's about the strategy right now that we can see. soledad: that's an interesting point. one unpredictable leader versus another

experts say lithium batteries can pose a burn risk if compromised and maybe they also say don't sleepr phone regardless if it's dead or. >> the man wanted in the killing of a motel security guard last week is now accused philadelphia a deadly shooting rampage that threat three men daddy. 39-year-old kori ali mohammed who is plaque shot and killed three white men at random downtown fresno. he fired 16 rounds in less than two minutes. during his arrest mohammed shouted allahu akbar or god is greatest. police are calling this a hate crime. police say mohammed had ranted on social media referring to "white devils" and encouraging black warriors to mount up. >> he made some spontaneous statements. those statements were i did it. i shot him. he identified himself to the officer as kori mohammed and said you guys are looking for me. >> authorities say he will face four counts of murder two counts of assault with a deadly weapon. >> the heiress to the campbell soup fortune and an avid philanthropist has died t dorrance hill hamilton or dodo as her friends called her was always seen with a wid

experts say lithium batteries can pose a burn risk if they are compromised. >> 5:57 now.es the future in smartphone cameras while snapchat is hoping had a new feature will drag it out of negative publicity. >> we continue to follow breaking news. flames destroy a south jersey home. at least one firefighter is injured. a live report is next. >> ♪ mmm! [ keys clack ] [ slurps ] make it iced, then make it happen with flavors like butter pecan or new coconut creme pie. it's america's iced coffee, whenever, wherever. america runs on dunkin'. >> ♪ >> "action news." delaware valley's leading news program. with matt o'donnell, tamala edwards, karen rogers and meteorologist, david murphy. >> ♪ >> good morning everyone. it's 6 o'clock on this wednesday april 19th. tam is off, nydia han joins us. >> breaking overnight a blaze in south jersey injures at least one firefighter. we're live on the scene. >> residents in a philadelphia neighborhood are living in fear of a pack of pitbulls which they say killed a small dog on easter. >> the museum of the american revolution opens today in

everything from copper to lithium. it could take years if not months to get those minerals out of the ground into the market. it is a long-term process he's clearly tried to lay the foundation for long-term economic prosperity here co-ops -- corruption remains a significant problem. these are the things that he has to deal with in terms of building the government and building prosperity here. one thing we are hearing is that there is a great deal of fear as a trump administration talks about slashing for in a budget that might impact the operation and the relationship between the united states in afghanistan here. they want to keep the trump administration engaged. that's why we are hearing him talk about business opportunities here in afghanistan it clearly is a direct conversation that they want to have with the trump administration knowing the background. connor, great work. thank you very much for the interview. the new u.s. ambassador sat down with me to lay out her plans the security council for this month. as yo

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devices be stowed in the cargo hold but european aviation officials are concerned about the threat from lithium batteries if they are in the cabin could quickly deal with any fires that might resolve. >>> president trump is defending outspoken host bill o'reilly who is fighting off allegations of sexual harassment but the president calling him, quote, a good person. >> caution you're about to enter the no-spin zone. >> as the embattled star of fox news faces fire storm over alleged sexual harassment the president is coming to his defense in an interview with the new york times president trump said i think he's a person i know well, he's a good person. fox news is facing growing calls to fire reilo'reilly nearly 50 advertizers fled after $50 million was paid out to women for sexual harassment for inappropriate behavior. president saying i think he shouldn't have settled i don't think he did anything wrong. last summer when former ceo roger ales faced multiple sexual harassment allegations president trump defended his froend friend. >> to say these horrible things is sad because he's a very good

. >>> today "the new york times" reports that north korea is trying to market the kind of lithium thatould help you make a hydrogen bomb. today the financial times reports that the chinese president's meeting with our president later on this week is expected to be a very high-stakes event and that wile the chinese government is bringing the full force of their diplomatic power to bear on that meeting, the person who's heading up preparation for that meeting on behalf of the united states is the president's 36 year old son-in-law. choose your adventure right now in terms of national security things you want to worry about. right now there's something strange going on with national security and how it's being handlinged in washington. the national security council among other things, they're caught in the middle of what appears to be an tophet manage and politically shape the sandal around the russian attack on our election last year and the trump campaign's potential contact with russia. we all expected there would be a political effort to shape the response to that scandal or even to s

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reporter: the pentagon estimates there are a trillion dollars worth of natural resources from lithiumo natural a gas. infrastructure here is pretty poor. security is the big problem and corruption is endemic. clearly president ghani is trying to talk to president trump saying you are a businessman. america has business opportunities here. hydroelectricity is improving here. the big issue is security. and president ghani has to balance the gains with security. and building relationships with countries like india. one message we are seeing is a much deeper commitment to working with the american government than president karzai, his predecessor. that's a step forward from what we have seen in the past. eric: conor, congratulations on snagging the interview with the president. the threat of islamic terrorism and jihad is a top priority at the united nations. the ambassador nikki haley sat down with me to discuss her plans. ambassador haley comes to sought job from being governor of south carolina. she says she'll be reforming the u.n.'s budget and the u.n.'s what she calls unrelenting bi

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everything in one place, so you can travel the world better. features ego's arc lithium the #batteryology.mower, it delivers the cutting-torque of gas. and the self-propelled model makes mowing effortless. the ego power+ mower. exclusively at the home depot and ego authorized dealers. >>> this just in. the house minority leader nancy pelosi is calling on paul ryan to call the house back into session to debate a measure, authorization of the use of military force to offer support or to vote on whether they support donald trump, the president's actions in syria. let me issue a heart statement. as heart-breaking as the attacks were, the crisis in syria will not be resolved by one night of air strikes. she is calling on the house to have a vote, the type of vote they did not have when president obama was weighing striking out against assad or striking out against isis. now the house minority leader is asking for such a vote. >> the big question is will members of congress wibe willin to put their name on this. they wouldn't do it in 2013. will they do it now? >> correct. >> also, we know

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look, you're driving on the largest lithium battery ever made. know about you, but i was wondering, what's the effect on my package with that? has no one thought about that? you spend your time driving on top of a giant battery? that makes me a little nervous. >> it could well be in amazon, which josh, you pointed out. what it reminds me of is southwest airlines 15 years ago because these headlines today, tesla is bigger than ford and gm. 15 years ago, southwest airlines had a new business model. their market cap was about 15 times all the legacy carriers together. if you bought southwest airlines 15 years ago, you know how many years you had to wait to make your money again? ten years. >> and the legacy carriers figured out why they were successful and got in the same game. >> exactly. i have a feeling that's where we're going with this. >> where we're going with this is we're moving on to the next story. it's a great segway because speaking of airlines, whatever happened to the segway. exactly right. there you go. you've probably seen this by n