website airbnb have joined the philanthropic initiative founded by warren buffett and bill and melinda gates, they're the youngest to sign the pledge so far. plus sales force founder mark benni off added his name to the list, along with 13 other individuals or families. members of the giving pledge promise to give a majority of their wealth to philanthroper causes. >>> that does it for us on "nightly business report." i'm sue herera. >> i'm tyler mathisen. have a great evening, see you back here tomorrow. announcer: a kqed television production. ♪

website airbnb have joined the philanthropic initiative founded by warren buffett and bill and melinda gates, they're the youngest to sign the pledge so far. plus sales force founder mark benni off added his name to the list, along with 13 other individuals or families. members of the giving pledge promise to give a majority of their wealth to philanthroper causes. >>> that does it for us on "nightly business report." i'm sue herera. >> i'm tyler mathisen. have a great evening, see you back here tomorrow. - this couch is for people who want to feel better and improve the quality of their lives. asking for help is a sign of strength, not weakness. you are not stuck with the brain you have. you can make it better, and we can prove it. [cheers and applause] female announcer: "the washington post" wrote that by almost any measure, dr. daniel amen is the most popular psychiatrist in america. he is a double board-certified psychiatrist who's written ten "new york times" best-selling books including the mega best-seller, "change your brain, change your life."

of the bill and melinda gates foundation, bill gates will join "go" with his thoughts on drug pricing is bloomberg. ♪ ♪ from the city of london and new york, this is bloomberg. a 5100 that is up again, but only marginally. former london mayor, boris johnson, pulls out of the race to be the next british prime minister. we are back with bob doll, the chief equity showed a just. here in london and across europe, the market is certain to establish itself in the very idea that theresa may, someone's that wanted to remain in did european union. in michael gove, would be risk off. it is something we've boiled down to politics specifically? michael: the world is -- bob: than world is -- the world is never that simple. there are more uncertainties than certainties of a will bounce all over the place. we do not know what brexit is, we know it is not lack or white, there are shades of gray. speculation and we have to focus on what the companies will report in terms of their earnings, that will move the stocks. jonathan: it is very difficult for anyone investing cross asset because the political

. >> that was bill gates, cofounder of the bill and melinda gates foundation.: and the worst quarterly performance on a record, will we see more intervention? check on shares of tesla, down 3% after a u.s. regulator learned of a fatal highway track involving a 2015 tesla model s. it happened in may in florida, and they have opened a preliminary investigation into it. ♪ scarlet: i'm scarlet fu, "what'd you miss?" china's currency headed toward , since theecord start of 1994. trading at its lowest level in five years. can the currency weather more depreciation pressure? now. liu joins us earlier today was an example of the pressure china faces. >> a huge volatility there for the currency. you sell the pboc try to come out and stabilize the currency. it is kind of interesting, we seem to be recovering from this exit hangover, but it feels like it is just starting for china. joe: i wanted to ask you about that, earlier in the year and last august, that is all people were watching, what is happening with the u.n.. i was surprised it was such a bad quarter for the cu

bill and melinda gates. stay with us for the gates foundation ceo. we kick it off right now.new fox polls show hillary clinton leading donald trump in head-to-heat matchup. trump getting hit with a 6-point decline over the past three weeks, this as hillary receives a huge boost securing endorsements from president obama, vice president joe biden and massachusetts senator elizabeth warren. joining us right now niel along with republican strategist angela. maria: trump has had a tough couple of weeks, how important were those endorsements yesterday? >> the only thing that with bring enemies together is policy and money. those endorsements are important. it seems like the democratic party is coming together more but i'm not surprise that had hillary is ahead. i'm not. that mexican comment really hurt him. maria: it did, he can't recover from it. >> if hi talks about the economy, bill o'reilly is like, people don't care about what he said if he creates jobs and he's the only one that has proven that he can do that. maria: niel, what about that isn't it true that he's better candi

gates, thewas bill cochair of the bill and melinda gates foundation with bloombergs erik schatzker.ull coverage of pharma, visit farm ago on the bloomberg -- pharma go on the bloomberg terminal of bloomberg.com at bloomberg.com/pharma. ♪ mark: i am mark crumpton. carney says the bank of england will probably have to ease policy in the near future to counter the fallout from last week's brexit vote. >> and now seems plausible that uncertainly could remain elevated for some time, with a greater drive on activity than we had previously projected. moreover, its effects will likely be reinforced by tighter financial conditions and possible negative spillovers to growth in the u.k. and its major trading partners. centralrney said the bank will not hesitate to act if necessary. the navy says the u.s. crew members detained by iran after straying into its waters in january were quote, derelict in performing their duties. investigators cite weak leadership, poor judgment, and a lack of toughness. six officers and three sailors have been disciplined or face disciplinary action. cleveland belie

it's bill gates, melinda gates, elon musk, jeff bezos, sundar pichai, who's the ceo of google. - sheryl sandberg - sheryl sanberg, these are all enormous people. what do they get out of it? in many cases, these are people who don't do these sorts of things, except at gunpoint, and maybe not even then. - yes, right, i don't know. i am not sure what i do to that they like to come back and be pummeled by me. - because you're not exactly-- - nice, no. - well, i wasn't gonna say nice, but we'll go there if you want to. you're a tough interview. - here's, i think, why: i think smart people, like these people, enjoy a good discussion. we had steve jobs on eight times. he never appeared anywhere else but the code conference, except his own events, where he ran everything. - and this was the precursor to the code conference? - yes, exactly. he died before we started the second one, but he went there eight times. think about that. that guy never went anywhere. he went because he was a smart guy, and he liked great discussion. i think if you're a super smart person, and you're confident in yoursel

. >> i love to see melinda gates on this. here is a woman who has her own career herself. is very successful in her own right. of course, married to bill gates and she has done so much with the wealth in that family. tell me why she is on the list. >> she has extraordinary power. she is someone who has revolutionized philanthropy. last year the gates foundation gave away over $4.2 billion. almost $37 billion since the foundation's inception. it's not just about writing a check. it's about revolutionizing philanthropy, transforming how people give and the way the aid in philanthropy will forever be done. around the world. >> elizabeth holmes who was a wealthy woman worth four or five billion dollars suddenly worth nothing. and she is gone. what happened to her? >> she is gone. holmes was the youngest self-made billionaire in the home. founder of the blood testing company. what a difference a year can make. there has been huge questions around the validity of the science, the efficacy, whether people can trust the company. she is facing major investigations. so she went from

i am in the financial services for the bill and melinda gates foundation. curious about if it is on the radar of the issue of de-risking. we have in looking at cross-border flows. the unintended consequences when outflows are being cut off when the cost of capital is race. -- is raised. i'm just curious, we have been collecting stories from central banks and some are considering filling in their role for the correspondence relations for the central banks. we are also seeing banks figuring out what the willingness is to pay. any thoughts on what the role before the fed, or any other high-level thoughts on this issue? lael: the question of how banks can continue to maintain their international correspondent banking relationship while also fulfilling their obligations under bfa-aml and doing so very fully is an for an issue. we want to see those international relationships being able to provide the it is an area we have had conversations with some of the banks that we supervise, but in -- hope we are in close communication with the treasury department that set

she was in fact an adviser to the bill and melinda gates foundation. she's in the past spoken out in favor of taking action in syria. most of her work was for international charities like oxfam and save the children. she has two young children. there's nothing in that background that would suggest any motive for this attack. a 52-year-old man has been arrested and pictures taken at the scene do show a white man with blood coming from ail body wound and being arrested by police. jo cox was taken by air ambulance to a leeds infirmry, armed police outside that hospital and david cameron says this was a terrible attack. he's very concerned and says our thoughts and prayers are with jo and her family. tamron? >> thank you very much, bill. this latest development out of northern england. we'll work to get more information as bill gets it in to the bureau there. now to breaking news on capitol hill right now we're waiting for senate democrats to speak out just hours after their nearly 15-hour filibuster to push for stricter gun control. they succeeded in gett

the bill and melinda gates foundation. i was really curious about if at all, if it's on the radar, of the issue of derisking. so we've been looking really closely at cross-border flows. so ranging from remittences, correspondent banking, humanitarian aid and trade finance as well. the kind of unintended consequences on the poor when these flows are being cut off or when the cost of capital is raised. just curious, you know, we've been collecting stories, some central banks in certain markets are actually considering filling in the role of the correspondent relations for the respondent banks. we're also seeing some banks figuring out what the willingness to pay is to maintain a correspondent relations. any thoughts in terms of what the role could be for the fed or any other just high-level thoughts on this issue and how it we can support it would be helpful. >> how banks continue to maintain their international correspondent banking relationships while also fulfilling their obligations under bsaaml and doing so very fully i

she was, in fact, an advisers to the bill and melinda gates foundation, and she previously worked foral charities like oxfam and save the children and had herself two young children. so far there is nothing in her background that would suggest any motive for this attack. a 52-year-old man has been arrested. police say they don't know the motive and aren't looking for anyone else. back to you, kate. >> bill neely, thank you. we're awaiting comments from president obama understanding those may be coming in soon from orlando. we'll take a quick break and be right back. . >>> it's time for the your business entrepreneurs of the week. omar and camille brown knew nothing about the restaurant business when they opened their daytona beach base cale cafe. they knew a little more when they opened their second store. they want to keep growing, but they need help so we're giving them a your business makeover. for more watch your business, sunday mornings at 7:30 on msnbc. ♪ (vo) you can check on them. you can worry about them. you can even choose a car them. (mom) honey, are you ok? (child) i'm o

worked for ox-fam and the bill and melinda gates foundation.m the mayor of london and the prime minister of the uk write, i'm very concerned about reports jo cox has been injured. our thoughts and prayers are with jo and her family. she was meet with constituents when somebody both shot and stabbed her. there's been a massive police sweep of the area. it's unclear if the assailant is still out there or if they've been detained. we'll obviously update. >> any word on her condition, on -- >> yeah, according to the hospital that she was taken to, she's in, quote, serious condition. keep in mind this just happened about an hour and a half ago. this is very fresh. people in the uk are shocked by this. it's breaking news across the major networks in the united kingdom. >> shocking news there and around the world. you think back in this country, gabby giffords, about five or six years ago, a member of congress who was shot but she survived. >> eerily similar. it was because she was meeting with constituents. >>> we're going to turn back to politics an

she was in fact an adviser to the bill and melinda gates foundation. out in favor of taking action in syria. most of her work was for international charities like oxfam and save the children. she has two young children. there's nothing in that background that would suggest any motive for this attack. a 52-year-old man has been arrested and pictures taken at the scene do show a white man with blood coming from ail body wound and being arrested by police. jo cox was taken by air ambulance to a leeds infirmry, armed police outside that hospital and david cameron says this was a terrible attack. he's very concerned and says our thoughts and prayers are with jo and her family. tamron?

bill andork with the melinda gates foundation to develop better tools and more effective ways of combating the skeeter transmitted diseases in a number of countries. we also happen to operate the largest urban private and apology center in the world in wisconsin. so we are no stranger, as a company, to transmitted disease. makes zika virus so tragic is that it strikes the if i couldable and wave a magic wand to eliminate this disease, i would because we would just as soon not have this business. but when the stories broke in brazil linking the zika virus to , we started manufacturing resources and a team to work for several months. we also launched a series of educational programs and donated products to those most in need. mosquito season is largely over two-dimensional eyes what we did, we supplied triple the amount of repellent this last season then we gave the prior year. some of thataken same focus and preparedness to the united states in the factories for the u.s., we began -- we began0 47 4/7.ing 2 permission toiven import products from the argentinian factories in case we might nee

of 2010, my foundations and culture foundation co-hosted the giving pledge dinner with bill and melinda gatesll and warren buffet were there in beijing, meeting the top chinese leaders in business and philanthropy. at that time, there were only about the dozen, uh, private--i mean, family back--family background foundations. now we have more than 2,000. lee: wow. lan: so this is how eveverything is paced up, not just, uh, in the market and the economic side, but also on philanthropy and civic society building. more than 4 million ngos have been grorowing up for the past decade or so, so it's extraordinary change. lee: and i find that fascinating because i covered the un women's conference 20 years ago. lan: [laughs] ok. lee: and so, social change, philanthropy, ngos, those were still very unknown concepts, right? lan: definitely. lee: verery new. and i remember the chinese being a little bit questioning, like, "what is this all about?" so it's great to see that there has been this sea change in the attitude of philanthropy and giving and charity, right? lan: definitely. i--i remember because

information -- she worked for an aid agency, then other works for other groups including the bill and melinda gatesation. she was nominated as a young global leader by the world economic forum in 2009. i also want to make clear that gun shootings here in the u k are very rare. guns are very tightly controlled here in the u.k., and since the end of the terror campaigns orchestrated by the ira, we have had very few attacks. the last one was in 2010. he made a full recovery. the tragic news today is that jo cox has died because of her attack today in west yorkshire, and a final word from jeremy corbyn, who, of course, was her party leader, he says the party and the entire country will be in shock. it is a tragedy for her family, the labour party, the u.k., and it really is a tragedy for politics and u.k. life as well. that is the latest. jo cox has bad. tragic news today here -- has died. tragic news today here in london. scarlet: thank you for the perspective. oliver: i want to check out what is going on in the markets. rallied about 86 basis points since the lows of the day earlier this morning. so,

of 2010, my foundations and culture foundation co-hosted the giving pledge dinner with bill and melinda gatesbill and warren buffet were there in beijing, meeting the top chinese leaders in business and philanthropy. at that time, there were only about the dozen, uh, private--i mean, family back--family background foundations. now we have more than 2,000. lee: wow. lan: so this is how eveverything is paced up, not just, uh, in the market and the economic side, but also on philanthropy and civic society building. more than 4 million ngos have been grorowing up for the past decade or so, so it's extraordinary change. lee: and i find that fascinating because i covered the un women's conference 20 years ago. lan: [laughs] ok. lee: and so, social change, philanthropy, ngos, those were still very unknown concepts, right? lan: definitely. lee: verery new. and i remember the chinese being a little bit questioning, like, "what is this all about?" so it's great to see that there has been this sea change in the attitude of philanthropy and giving and charity, right? lan: definitely. i--i remember becaus

successful tenure apparently before that the leadership positions with the cdc and the bill and melinda gates foundation with a broad way it -- array of commissions and finally to have the challenging task in washington post united states and canada for where i sit u.s. focused with the engagement with the u.s. government particularly at a time as to talk more about this for that bank in particulaparticula r to have the shifting landscape and that is central with the u.s. engagement and prior to that is impressive career including areas challenging themselves as afghanistan and even with myanmar. those are impressive speakers with that diversity that they represent and i hope we can explore more of that. so in two minutes when we try to lay out what i say in the development landscape as the first question on the set of issues to see that was a core mandate from what emerged insisted over about seven decades it is entirely fitting that we are here talking about the development talking about other issues today i will organize in three areas with a landmark sets of new commitments with the susta

before that, leadership positions at the cdc, the bill and melinda gates foundation, and service on a broad array of boards and commissions. finally, craig stefansson, who has the challenging task of representing the bank in washington. of the united states and canada, but from where i sit, with a lot on his plate in the engagement with the u.s. government. , and wearly at a time will talk more about this, a change, of a shifting landscape, of new actors. and craig is really central in the u.s. engagement on all that. prior to that position, really an impressive career at the bank, including leading engagements in areas as challenging as afghanistan and recently, myanmar. really an interesting case. those are our impressive speakers, not only in their own backgrounds, but in the diversity they represent in this development enterprise. i hope we can explore more of that. let me just try to lay out what i see as big issues in the development landscape and hope to get your reactions as a first question on this set of issues. because this is brentton woods, it is important, and perhaps th

dollars into a new malaria campaigns around the world every year we also work with the bill in melinda gates foundation to help develop better tools and more effective ways to combat mosquito transmitted diseases a number of countries. we also operates the largest urban private center in the world in wisconsin so we are no stranger as a company to mosquito transmitted disease. what makes zika so tragic is that strikes the most believable and if i could wave a magic wand to eliminate this disease i would because we would just as soon not have this business when the story broke in brazil with microsoft's lead restarted to marshal resources for the manufacturing team working 24 severed over several months we also launched full series of educational programs and donated product to those most in need mosquitos season is largely over in brazil but just to dimensional lies what we did be surprised a triple amount of propellant to this last season than we did the prior year. we have taken some of that same focus am prepared this to the united states factories for the united states beginning running