i am mark crumpton reporting from new york. i will see you to's a.ekend, everybody. 56 past hour which means bloomberg television is on the markets. not a heckuva lot of movement. s&p outsourcing back and forth around the 2000 level. the nasdaq at 3572. up a pretty good month. month since february. if you sold in may and went away, not only did you miss a decent rally in the stock market but breakout performances run some of the smallest niche etf's with less than 10 million in assets. join me to look at this mall etf's a big summer is the guru. do you like that, two? >> i will take it. so it is the friday before labor day and we decided to pull these out of the bag. i noticed nashville at the top. story? >> this etf has been labeled as gimmick. and invest in stocks and companies headquartered in nashville. country music thing? >> a cost of doing business thing. a lot of companies go to national well they have low taxes, no income tax. a lot of companies that are over 100 million. what you saw the summer is this doubled up performance of the s&p. dow

>> i'm mark crumpton, this is bottom line. business andion of economics with a mainstream perspective. today, ukraine said it attacked a convoy to cross the border from russia. then, our local police forces in american cities becoming overly militarized? how to find the lowest airfares during the rest of the summer vacation season. ♪ to our viewers here in the united states, and to those of you joining us from around the world, thank you for joining us. we have full coverage of the stocks of stories making headlines. willem marx is in tel aviv, focusing on the israeli defense industry. and we have analysis on the crisis in iraq, though stories in a moment. let's get the latest on the crisis in ukraine. itsinian official is saying troops attacked a column of armored vehicles across the border from russian territory. we have been following the story closely. ryan joins us on the phone from london. what we know or more specifically, what don't we know? >> three and half hours ago, a ukrainian military spokesman said their forces

i am mark crumpton. thanks for staying with us.heck in with some of the top stories we are following for you this hour. israel is facing renewed international criticism after an apparent israel strike killed 10 people at a u.n. school being converted into a shelter in gaza. israel says it has targeted three wanted militants on a motorcycle in the area of the school. former white house press secretary james rady -- james brady has died. he was wounded by john hinckley in his assassination attempt on president ronald reagan. a personaltook crusade for gun control and the federal law requiring a background check for handgun but -- buyers there is his name. a jersey retired by the green bay packer's. he spent 16 years with the team he 40 was traded. he will return to green bay next year to be inducted into the packers'hall of fame. now for the commodities report. su keenan is here in the newsroom with the details. good afternoon. >> we have got oil snapping a five-day losing streak, crop futures rallying, and hedge funds cutting back o

i am mark crumpton. the latest from ferguson, missouri. family of the pathologist hired i at the data leak shotgun put his handshave up but we do not know. an independent autopsy showed 18-year-old michael brown was shot at least six times, including twice in the head. this comes as jay nixon at announced he will not enforce a curfew tonight after ordering the national guard into the st. louis suburb that has been the scene of protests over the shooting. the order came after a night in which police used tear gas to clear protesters off the street well ahead of a midnight curfew. protesters have taken to the streets for more than a week. wall street pros say the fed gathering in jackson hole, wyoming, is the event of the week and maybe the event of default. echo mckee says that depends on fed chair janet yellen. mckee says that depends on the fed chair janet yellen. research papers explained and discussed largely interesting on the margin. that changed after qe does for three years in a row ben bernanke used to keynote address to lay out th

>> from bloomberg world headquarters in new york, i am mark crumpton. the is "bottom line," intersection of business and economics with a mainstream perspective. primary elections could shape the battle lines in november and beyond. and the palestinian ambassador to the united nations. white house night's dinner for african leaders had special significance. viewers here in the united states and those of you joining us from around the world, welcome. we have full coverage of the stocks and stories making headlines today. on the ebolaorts outbreak in west africa. but we begin with still mattingly on the primaries and the impact on the republican party. how are you? >> this week marks the end of what has been an intense battle inside the republican party between the tea party wing and the establishment wing. the total for that battle -- 135 million dollars. that is what we totaled. an immense amount of money that really split the party in two. the key question has been throughout, who will be the winners coming out of this? it is a bit of both. on the esta

back to you in san francisco. >> mark crumpton, thank you very much. top of thee at the hour. emmys on a monday in august this year? we will talk about that big media story as well as the tech company shaping the big night in tb. that is coming up next. we can watch us streaming on your phone, your tablet, bloomberg.com and on your apple tv. ♪ >> welcome back to "bloomberg west." i'm cory johnson. tv's biggest stars will gather for these 66 annual emmy awards. things will be a little bit different. it is monday night in august instead of sunday night in september. it is also on nbc. what is changing? entertainment analyst joins us from new york. big a deal is the moving of the date of the emmys? it is a fairly big deal. to the extent that the last time ed on monday was more than 25 years ago. having said that, with nbc, i think it came down to a scheduling issue and the economics of nfl games that have the scheduling conflicts. if you are an analyst, i think you have to look at what makes sense here from a bottom-line perspective. i think that is the main reason why you are se

i am mark crumpton. thanks for staying with us.orld help organization has the clear the ebola outbreak in west africa and international public health emergency. it is the largest and longest outbreak of the disease every -- ever recorded. more than 960 people at been killed by ebola. u.s. jets are dropping bombs on islamic militants in iraq, carrying out president obama's promise to protect american civilians still stationed there. it is not clear how many militants might have been killed in that strike. gazatinian militants in refused to extend a three-day truce after negotiations in cairo hit a deadlock. israel was funded with a series of airstrikes in gaza. now to look at the top stories in the news this hour. 50% of all cars sold by iconic uv'ss car maker porsche rs -- r suv's. porsches not alone -- is not alone. we look at the ever-expanding luxury suv market. >> we can finally say it -- the suv takeover of luxury cars is complete. it is not good enough to have one suv in your lineup. oh, no. you must have a wardrobe. this is

back to you in san francisco. >> mark crumpton, "bottom line," we will see you soon., we will be speaking with the housecall. ♪ >> welcome back to "bloomberg west." i'm emily chang. ever wish you could just call a doctor with a question about your health any time of day or night? i do. with health tap, you can. founded in 2010, health tap provides a question and answer service that connects patients and doctors across the country. last month the company rolled out a new service allowing text or video conference with a $99 a month. our editor-at-large, cory johnson, back with us. you spoke with a healthtap ceo. >> it is an interesting business. this idea is not groundbreaking, but the execution is. >> it is a network of more than 62,000 physicians that will be available anytime, anywhere, on any mobile device to answer any question that you have, prescribe medication, provide checklists and help you feel good every day. >> in theory, a lot of medical practitioners on hmo [indiscernible] an e-mail consular something. there is an advice nurse available. why do we need wh

>> from bloomberg world headquarters in new york, i am mark crumpton. this is "bottom line," the intersection of business and economics with a mainstream perspective. today, bank of america agrees to a multimillion dollar mortgage settlement. then kansas city fed president says the u.s. economy is strong enough for a rate hike. and get ready for 12 days and nights. ♪ to our viewers here in the united states and those of you joining us around the world, welcome. we have full coverage of the stocks and stories making headlines today. phil mattingly reports on president obama's options in iraq. with amarx is in irbil focus on iraq passes oil fields. with theinterview kansas city fed president. but first, on this thursday, we begin with bank of america's rectal -- record settlement. the bank has agreed to pay nearly $17 billion to settle allegations that misled investors in the sale of mortgage bonds. it is the toughest penalty yet related to loans that fueled the financial crisis. >> we did the best we could. i am proud of the fact we established the worki

>> from bloomberg world headquarters in new york, i'm mark crumpton. this is "bottom line," the intersection of business and economics with a mean streak perspective. today, the u.s.-africa forum lead to billions of dollars -- with a main street perspective. today, the u.s.-africa forum leads to beings of dollars of investment. and will disney's greatest -- latest earnings be magical for investors? ♪ to our viewers here in the united states and those of you joining us from around the world, welcome. we have full coverage of stocks and stories making headlines today. phil mattingly previews today's prime earnings. at deals under bob eiger at disney. let's go to hans nichols in washington. >> it has been a day of deals, a day of investment. $2 billion from ge, a total of $17 billion. that is the announcement here. i'm joined by the president of the world bank, jim kim. is this summit beyond your expectation? >> we were very surprised. what we had hoped would happen seems to be happening. what is exciting is that the leaders in the american business commu

>> from bloomberg world headquarters in new york, i am mark crumpton. this is "bottom line," the intersection of business and economics with a main street perspective. burger king looks to buy canadian chain tim hortons. and we will preview tonight's primetime emmy awards. to our viewers here in the united states and to those of you from around the world, welcome. we have full coverage of the stocks on stories making headlines today. willem marx is back from iraq with a first-hand account of the situation there. olivia sterns details a multimillion dollar purchase. we begin with julie hyman and burger king's interest in tim horton. if the deal is made, burger king headquarters would move to canada. >> to account outside toronto, and this is one of the so-called tax inversions we have heard so much about recently, which would reduce the tax rate for burger king. if you look at the tax rates overall of u.s. versus canada, in canada you are looking at 26.5% and in the united states you are looking at a corporate tax rate of 40%. this could potentially repr

we are bring in mark crumpton from new york. mark, what you guys following today?ill examine janet yellen's remarks in wyoming. she suggested she was concerned about slack in the labor market. i will also be joined by bloomberg's columnist. >> we have been continuing to follow the situation in iraq. i know willem marx is there. >> the violence is having an impact on business. marx ms. been -- willem has been taking a look at how real estate deals are effective. >> margaret and in new york, bottom line, coming up. move over kim kardashian, and other celebrity is out with a nap. .- an app weeks by my tom hanks gets into the app world, next on "bloomberg west." ♪ >> welcome back to "bloomberg west." i'm emily chang. when you type in your ipad, do you miss typewriters? or the sound of typewriter makes? there is an app for that. the free ipad app from tom hanks that shot to the top of the ipad charts. mills, me is ed cofounder of the company that help tom hanks designed that app. >> were about 10 to 20 people that worked on this project. it was exciting to be on the pho

>> from bloomberg world headquarters in new york, i am mark crumpton. this is "bottom line" with a mainstream perspective. putin meet boudin -- across the border. earthquake in california wine country. then, a tour of america's his last great watchmen. ♪ to our viewers here in the united states and those of you joining us around the world, welcome. we have full coverage of the stocks and stories making headlines today. let's begin in the middle east. egypt says it's cease-fire agreement has been reached. a seven-week conflict that has killed more than 21,000 -- 2100 palestinians. palestinian demands for a gaza airport and seaport will reportedly be discussed at a later date. also today, the associated press signing family members and u.s. officials is reporting the third u.s. hostage held by islamic state militants is a female aid worker and it comes after the obama administration authorized surveillance on the militants in syria. that could be a prelude to airstrikes in the region. the islamic state has become one of the most feared terrorist groups. i

>> i'm mark crumpton. this is "bottom line." the intersection of business and economics with a mainstream perspective. today, janet yellen says too many americans are still out of work. then, analysis of dr. yellen's remarks from former pimco ceo. we will great this summer's movies box office and look ahead to the fall. to our viewers here in the united states, and to those of you joining us from around the world, welcome. we have full coverage of the stocks in stories making headlines today. peter cook focuses on the technology being news to hunt for the killers of american journalists. and willem marx takes on a two or of iraq's american-style village gone bust. her firsten gave jackson hole speech today. her focus, the u.s. job market. michael mckee is in jackson hole, and has details. >> this was a status quo speech, breaking no new ground. janet yellen didn't change the debate, but she outlined it. for the fed, the damage to the economy from the great recession makes it very hard to know where unemployment and inflation sho

let's bring in mark crumpton from new york. what do you have today?s putin today in belarus. our correspondent hans nichols is reporting. he will tell us if the leaders made any gains to resolve the violence that has been taking place in eastern ukraine since the spring, emily. earthquake in the bay area over the weekend. you guys are going to be looking at the economics of it. aside from people losing a lot of wine. in thet of businesses wine country suffered major damage is. look at what will economic losses could mean for reporter willr look at what economic losses could mean for business. >> all of those wine bottles on the floor, so sad. "bottom line" coming up at the top of the hour. more on "bloomberg west" after this break. we will be right back. ♪ welcome back to "bloomberg west." i am emily chang. rahm emanuel has vowed to double down on the tech sector by recruiting talent and companies. how is he fulfilling that promise and can the second city really compete with the likes of silicon valley? with rahmt sat down emanuel for an interview cov

we will see you tomorrow. ♪ >> from bloomberg world headquarters in new york, i'm mark crumpton. ."m line forces increased attacks against the islamic state militants. home construction in the u.s. rises to its highest level in eight months. and the new owner of the l.a. ballmer, rallies the fan base and speaks to bloomberg. to our viewers in the united states and those of you joining us froou

i am mark crumpton in for adam johnson. the u.s.ica business forum concluded yesterday in washington with 10 trade missions and $14 billion in investments in the continental. hans nichols was on site speaking with the business and government leaders in attendance. he set down with michael bloomberg, founder and majority owner of bloomberg lp, and mo ibrahim. >> nobody has ever put together all of the heads of the african countries in one place. at the same time given businesses the opportunity to dialogue and make some contacts. i sat next to the president of uganda, he cares about industrial equipment into emma -- and two minutes later, i was talking to somebody who talks to industrial -- who makes industrial commit -- industrial equipment. i should get a commission. it doesn't matter whether they do a deal right then. later on, the company's salesman can say to the minister who does the buying or to a store that does the buying that i was with -- my boss was with your president and they said we should talk and people get together

"bottom lini'm mark crumpton.ballmer, receiving that he is stepping down from the board of microsoft. trish regan, the anger of "street smart" is with me. you spoke to mr. ballmer yesterday. >> i actually just got off the phone with him three minutes ago . we will talk about this in a moment, but he did sound as though he had a lot on his plate yesterday. just now, as the news came out, he and i spoke, and he said, i want to be a great shareholder and i want to pay appropriate attention to my shares, but between teaching and my new responsibilities at the clippers , and my civic duties, it is a lot. however, he went on to say, i love microsoft. he still cares about the company, want to be a great shareholder, but the time commitment involved in being a member of the board is a bit too much given everything else he has going on. we talked a lot about his leadership at microsoft. i got his thoughts on current leadership at microsoft. the possibility that he might step down from the board yesterday, so this was not a

mark crumpton is joining us from new york. what are you following today? following developments in ukraine. several foreign ministers russia in milan accused of invading eastern ukraine. mosquera should be hit with more sanctions. should be hit with more sanctions. i will see you at the top of the hour. back to you in san francisco. coming up atne" the top of the hour. a lookie "spark" gives at the annual burning man gathering. we speak to the director about his film and the influence tech has had on this annual event when "bloomberg west" returns. ♪ >> labor day weekend is upon us. people, including many techies, will be spending the long weekend in the nevada desert for burning man. cory johnson is back with more. >> people talk about it as a life-changing experience. this wonderful documentary called "spark: a burning man isry" talks about what it like to be there and carries that story forward. this is my conversation with steve brown. >> it is the story of a small group of artists from san francisco who have this dream of creating a place where people

mark crumpton coming up at the top of the hour. chris christie issues a challenge of his own. to whom next. ♪ >> welcome back. i'm emily chang. the ice bucket challenge to help fight als is the latest viral sensation. and even facebook's ceo mark zuckerberg is taking part. he tells us why he is doing it and then dumped ice on his head. >> hey, everyone, yesterday, governor chris christie challenge me to the als ice bucket challenge. governor, i accept your challenge. after i dumped this bucket of ice on my head, i get to nominate three new people. i will challenge bill gates, my partner at facebook, sheryl sandberg, and netflix's founder and ceo reed hastings. you have 24 hours to do this or donate $100. here we go. that was really cold. >> he was remarkably calm there. i'm impressed. the clock is ticking for sheryl sandberg, bill gates, and reed hastings to take the challenge. we will be watching. today on bloomberg television, live from atlantic city where it is like out -- lights out for three more casinos in the next few weeks. casino revenue has been sliding for years, dr

i'm mark crumpton in new york. thanks for staying with us.the next three weeks, three new casinos will close their doors in atlantic city, new jersey, costing thousands of jobs. governor chris christie has announced he will convene a bipartisan summit of state and local leaders to address the future of atlantic city. it is a question that the leaders of major casinos have been struggling to answer. here is what mgm and caesar's told trish regan about the crisis. on thisis your take right now? >> i'm concerned. x he is -- >> he is the ceo of mgm, which co-owns the regatta. >> we want to make the city comeback. what but do you worry there is saturation in that market? >> i do. we have to be very targeted. we have to remember the lessons learned in the recession and not repeat them, not grab every market just because it happens to be there, not be a glutton for development. >> mgm's rival, caesar's, has an insatiable appetite for building. casinos in built pennsylvania and maryland that will compete with the company's own flagship in atlantic ci

from bloomberg world court in new york i am mark crumpton. this is bottom line. the intersection of business and economics with a mainstream perspective. today we look at the effectiveness of u.s. airstrikes in northern iraq. and then amazon takes on the disney superheroes. to our viewers here in the united states and to those of us around the world, welcome to we have full coverage of the stocks and the stories making headlines on this monday. we focus on priceline and it big investment in china. third largest city expand.r efforts to >> u.s. officials of thrown deputyupport behind the speaker of parliament to be the new prime minister. this is the final break from what has become irreparably damaged relationship between the u.s. and current prime minister malaki. they tried to form a cap the and and the political deadlock. expressed a willingness to mute judiciously -- move judiciously. hope thisials might be the answer they were waiting for. >> where has the prime minister been wall all of this has been going on? >> defiant. it started last night. he had a mid

now, for look at what is coming up of the top of the hour, i want to bring in mark crumpton. >> continuek for terror funding. where are islamic state militants getting their financing? levitt, director of the washington institute spine program on counterterrorism and intelligence will join me for fewnd table coming up in a minutes. back to you in san francisco. >> in that story they say the islamic state is looking a lot more like the taliban and when it comes to how much money they are able to raise on a single day. .> terry much so a story shows they are raking in $2 million per day. the funding coming from various sources throughout the middle east. we will explore that in detail coming up. >> oil extortion, smuggling -- thank you. coming up at the top of the hour. up next, the bloomberg west fight. how one number tells all whole lot. ♪ \ >> welcome back. i am emily chang. and nationwide internet outage hits millions of time warner cable customers overnight. internet access has since been restored. it rained overnight maintenance on the internet back down. this could cause problems fo

now for a look at what is coming up at the top of the hour, mark crumpton joins us from new york.you following today? >> of elements in the ukraine are fluid at this hour. a de facto russian incursion is taking place, it is said. moscow says it is not involved in the unrest and nato says otherwise. we will have latest in an cory johnson is looking at a news on artificial intelligence. >> yes, no. >> coming up next, you may recognize their cars from last year when he appeared on stage. we will take a look next. ♪ >> welcome back. i am emily chang. the company just launched its service in 24 new cities, many of them college towns like georgia, charlottesville, virginia, indiana, and oxford, mississippi. the company also launched services in the new zealand capital and australia gold post. the company says 35 of the world's top 100 cities still do not have the service. uber has been facing a lot of heat lately -- lately with aggressive steps for drivers. from black heart is robotic -- from black cars to robotic cars cars, a driver pushing the limits of intelligence with toy racecars.

i am mark crumpton, thank you for staying with us. on the markets is next. i will see you tomorrow.it is 56 minutes past the hour which means that we are on the markets. let's take a look at the indexes. down across the board as they have been for most of the day. this comes after two days of gains, the strongest two-day gain on the s&p since april it they hav. rather well the last few days and are taking a little bit of a breather. the dow was only off about 30 points. up a bond pull yields and they were up across the board. you can see the 10 year is up, sold0 year is up, we pretty high yields. that is the highest we have seen since 2011. you are not getting paid very much for your money. returning to a financial innovation similar to the one that led to the great recession. with a look at why there is a surge in derivatives so soon is lisa. the need for yield, oh he paid of three years, as part this. why are we seeing complex derivatives that led to the financial crisis surge back in popularity? >> it is not that complicated. >> they will be back? people are looking for a soft wa

for a look at what is coming at the top of the hour let's bring in mark crumpton in new york city. what are you focusing on? >> there were conflicting reports on this monday whether kurdish or iraq he forces backed by u.s. airstrikes have seized control of the country's largest down from islamic state militants. the dam has strategic significance. andupplies electricity water to a large section of iraq. >> we are hearing about u.s. airstrikes in the region. what do you know? >> the u.s. military released a statement that said the aircraft and drones attacked islamic state trucks and positions near irby opry in -- near -- we will have the latest at the top of the hour. "bottom-line" coming up at the top of the hour. thank to technology hotels are finding new ways to get customers and keep customers and maybe even keep them happy. that is next on bloomberg west. ♪ >> welcome back to "bloomberg west." from social to mobile to big data, technological innovation is changing the hotel industry. airbnb is providing alternatives in the sharing economy. other new technology is completely ch

. ♪ >> from bloomberg world headquarters in new york, i'm mark crumpton.ne," the intersection of business and economics with a mean streak perspective. today, the u.s.-africa forum lead to billions of dollars -- with a main street perspective. today, the u.s.-africa forum leads to beings of dollars of investment. and will disney's greatest -- latest earnings be magical for investors? ♪ to our viewers here in the united states and those of you joining us from around the world, welcome. we have full coverage

i am mark crumpton. here's the rundown. in deals, another u.s.ks to relocate for a tax break. in tech, employers are turning to wearable gadget to got there -- to cut their health care bills. in sports, the u.s. open begins today in queens, new york. in very different kind of event also gets underway in the u.s., burning man. it is the anything goes festival that is being overrun by billionaire techies.

our anchor mark crumpton joins us now from new york. cease-fire in gaza is about to run out. what is the latest? >> it is supposed to run out, emily. local time there in the middle east. there are concerns because no headway has been made. many issues still need to be addressed. negotiators in cairo have not agreed on a more permanent deal. in the meantime, israel is said to be moving troops to the gaza border, and that could be a cause for concern as we approach the cease-fire hour. >> what else is coming up? obviously, we have been talking a lot about israel and gaza and the very latest. what are the implications of this? the implications for the international community could be huge, because some of the concerns are on the palestinian , stop becauseing of the blockade of gaza, and also security concerns. we will continue that conversation with willem marx, our correspondent in the gaza strip. -- in tel aviv. >> a big boost from the world cup. will the momentum carry it when the title launches next month? you get a preview, next. ♪ >>

i am mark crumpton in new york. thanks for staying with us.resident of the united states is expected in the white house press briefing room in about five minutes or so, topics expected to include the conversation he had today with russian president vladimir putin and perhaps the situation in gaza between israel and hamas. as soon as that conversation gets underway, we will bring it to you live. let's check some top stories this hour. we begin with the jobs report for july. employers added more than 200,000 jobs for the sixth consecutive month. it is evident that the world's largest economy is making strides toward faster growth. the unemployment rate dropped to s startedore american looking for work. has announced he will resign on august 18. he served in congress for 14 years. he lost to a relatively unknown conservative supported by the tea party. hamas and israel blame each other for the cease fire breach. the u.s. and the yuan had hoped start duringould the cease-fire. that is a look at the top stories this hour. geopolitical says unrest w

from bloomberg world court in new york i am mark crumpton. this is bottom line.ection of business and economics with a mainstream perspective. today we look at the effectiveness of u.s. airstrikes in northern iraq. and then amazon takes on the disney superheroes. to our viewers here in the united states and to those of us around the world, welcome to we have full coverage of the stocks and the stories making headlines

. ♪ >> i'm mark crumpton, this is bottom line. of economics with a mainstream perspective. today, ukraine said it attacked a convoy to cross the border from russia. then, our local police forces in american cities becoming overly militarized? how to find the lowest airfares during the rest of the summer vacation season. ♪ to our viewers here in the united states, and to those of you joining us from around the world, thank you for joining us.

>> from bloomberg world headquarters in new york, i'm mark crumpton. this is "bottom line." the intersection of business and economics with a main street perspective. breaking news, the federal reserve is releasing the minutes of its two-day fomc meeting held at the end of july. nowr cook joins us from with the details. good afternoon. >> good afternoon. these minutes provide us with new insight into the debate around the fed table at that last meeting. they reveal that there was indeed another healthy discussion over whether the improving economy means that the fed's timetable for starting to tighten needs to change. with respect to monetary policy over the medium run, they generally agreed that labor market conditions and inflation had moved closer to the committee long-run objectives in recent months. they most anticipated progress towards the goals continuing. moreover, many participants -- the key word there, many -- noting that it occurred more quickly than expected and it might become appropriate to begin removing monetary policy accommodation sooner than they current

. >> from bloomberg world headquarters in new york, i am mark crumpton.ttom line," the intersection of business and economics with a mainstream perspective. -- main street perspective. today president obama authorizes targeted airstrikes on islamic militants in iraq. hoping the economy of texas. to our viewers here in the united states and those of you joining us around the world, welcome. we have full

. >> from bloomberg world headquarters in new york, i am mark crumpton. this is "bottom line," the intersection of business and economics with a mainstream perspective. today, we will look at u.s. economics investments in africa. then our series powerbrokers look at conservative fundraising groups. and, why the latest report showed diversity is lagging in silicon valley. ♪ to our viewers here in the united states and those of you joining us around the world, welcome. we have full coverage of the stocks and stories making headlines today.

. >> from bloomberg world headquarters in new york, i am mark crumpton.e," intersection of business and economics with a mainstream perspective. primary elections could shape the battle lines in november and beyond. and the palestinian ambassador to the united nations. white house night's dinner for african leaders had special significance. viewers here in the united states and those of you joining us from around the world, welcome. we have

. ♪ >> from bloomberg world headquarters in new york, i'm mark crumpton. this is "bottom line."ion of business and economics with a main street perspective. breaking news, the federal reserve is releasing the minutes of its two-day fomc meeting held at the end of july. nowr cook joins us from with the details. good afternoon. >> good afternoon. these minutes provide us with new insight into the debate around the fed table at that last meeting. they reveal that there was indeed another healthy discussion

. >> mark crumpton, coming up on "bottom line."g of robin williams, we are going to take an in-depth look at his career. we look at the legacy he created in hollywood. ♪ ♪ >> you are watching "bloomberg west." hollywood and movie fans everywhere are mourning the death of actor-comedian robin williams, found dead in an apparent suicide at his home here in the bay area. he was just 63 years old. weems had a movie, tv, and standup career that spanned the caves. on the way, he picked up emmys and an oscar. he was the leading man in more than 30 films, and his movies have grossed more than $6 billion at the box office. for more on the career of robin williams, we are joined by daniel lori, of box office.com. you think of robin williams and the movies he was him, and they seem so much larger-than-life. how well did his movies actually do at the box office? >> they did very well. robin williams is the sort of factor who would be able to get hits in the $150 million range. these positive mid range hits -- they are not superhero movie numbe

i am mark crumpton, in for adam johnson.n media, it's not just frozen -- disney does it again with a box office arsenal. toasting the new africa, the white house and corporate america raise their glasses. vladimir putin wants to ban u.s. and eu product in russia in retaliation from sanctions from the west. today's wild card is london mayor boris johnson gets fired up over the promise of the european union. he wants to run for parliament, too.

welcome to "money clip i am mark crumpton. here's the rundown. in deals, another u.s.te for a tax break. in fact, employers are turning to wearable gadget to got there -- to cut their health care bills. in very different kind of event also gets underway in the u.s., burning man.

i am mark crumpton in for adam johnson.y does it again with a box office arsenal. toasting the new africa, the white house in corporate america raise their glasses. vladimir putin wants to ban u.s. and eu product in russia in retaliation from sanctions from the west. today's wild card is london mayor boris johnson gets fired up over the promise of