mitsubishi -- subaru outlander sounds about right mitsubishi should think about maybe owning it.is one is from @lakeitis he says, whose cocaine line is it anyway? that show's only -- that show's only ten minutes long. oh, this last one's from @ @jrodcasell, he says, the card, any card "tonight show" hashtags. to check out more of our favorites go to tonightshow.com/hasht tonightshow.com/hashtags interesting saying this without -- usually i'm yelling it over the band don't even know what i'm saying. >> just yell it, anyway. >> jimmy: okay to check out more of our favorites go to tonightshow.com/hashtags we'll be back with more of the "tonight show," everybody. ♪ there's a world of possibility that can't exist with you versus me. it will take work, that's indisputable. but oh man it could be beautiful. this world where we are we. (♪ ) right now, switch to t-mobile and get four lines of unlimited for just $25 bucks a line. with access to america's largest 5g included. that's right. unlimited and nationwide 5g for the whole family for just $25 bucks a line. only at t-mobile. hold on

hehe joinened mitsubishi motors 2004, when the auto maker was struggling after a scandal.appointed president the follwsing year. he held top posts 15 years. he expanded business in areas like thailand and indonesia. he also promoted the development of plug-in hybrid models. he helped secure investment from nissan motor, rebuild the business, and regain consumer trust after a scandal involving fuel mileage falsification. he played a leading role in efforts to strengthen the three-way reliance with nissan and renault after another scandal in 2018 involving former nissan chairman carlos ghosn. he resigned as chairman in early august for health reasons and assumed the post of special adviser. he died last thursday at the age of 71. >>> new figures suggest that china's economy is still feeling the impact of the global pandemic. the expansion of manufacturing activity in the country closed for the first time in three months. the national bureau of statistics says the purchasing manag manager's index stood at 51. the figure managed to stay over 50 for the sixth consecutive month.

is that a real thing could be could be sounds like a mitsubishi car >> tariq: yeah, there's a car thate outlander. >> yeah, subaru. >> jimmy: oh, there is >> yeah, subaru. >> tariq: wait, subaru outlander? >> subaru outlander, ain't it? >> tariq: i mean, i -- you would know >> no, kirk would know >> tariq: no, you're a soccer dad. >> no, kirk has a subaru [ laughter ] >> jimmy: hey, guys, guys, guys, let's take a - let's settle this at "the people's court." >> tariq: all right, all right >> jimmy: lets call judge judy on this one, man mitsubishi outlander -- subaru outlander sounds about right >> tariq: yeah >> jimmy: mitsubishi should think about maybe owning it. yeah, whatever this one is from @lakeitis he says, "whose cocaine line is it anyway? [ laughter ] that show's only -- that show's only ten minutes long. [ laughter ] oh, this last one here is from @jrodcasell, he says, "picard, any card." [ laughter ] ah there you have it. those are our "tonight show" hashtags to check out more of our favorites go to tonightshow.com/hashtags it's interesting saying this without -- usually i'm

they also coordinated the mitsubishi cantors movement towards the convoy the red network uses made their final kohls in the minutes before the attack and these anonymous mobiles were never used again the false claim of responsibility video was aimed at diverting attention away from the true perpetrators the attack was an act of terrorism that was designed to spread fear among the lebanese population it was committed full political and not personal reasons. who were the accused before accused. she was born on the 10th of november 963 in her roof lebannon as sam had beeb a born on the 12th of december 965 in beirut hussein has son who was born in beirut on the 11th of february $964.00 and. sabra also born in beirut and his date of birth is the 15th of october night in 76 a 5th and film accused stuff i mean battered in who was also known as sami issa. and is alleged to have been a coconspirator was born in beirut on the 6th of april 9 16115 the prosecutor alleged supporters of the hezbollah a lebanese political and military organization. the amended consolidated indictment contained 9 count

in the mitsubishi shipyards, formally controlled by the zaibatsu, shipbuilding goes on slowly.ips continue to be vital to japan's economic crisis. many of the wooden ships are used for fishing, which is one of japan's major industries. whaling, although not one of japan's major industries, has been an emergency industry during this postwar period of extreme shortage. japan was given permission to send two fleets of 21 ships into the antarctic. the expedition brought back almost 1000 whales, providing japan with such whale products as protein foods, fats and oils. ♪ certain industries in which japan excels are slowly returning to normal. from the large oyster beds on this pearl farm, divers obtain a product very much desired by the rest of the world. the pearls in these oysters are carefully cultivated. ♪ it has taken many years to develop techniques of sorting, grading, and polishing. ♪ japan needs raw material. she hopes to get them from other countries by exporting such products as pearls and silk. silk was japan's great prewar export. mulberry fields supplying the leaves on

mitsubishi financial released its figures. groupwide profit was down almost 53% in yen terms through november. lending grew in businesses that had been affected by the pandemic, but the company had to set aside $1.4 billion for loan losses. financial group saw more than more than 60% and mizuho financial group had a drop of nearly 25%. the economy is starting to recover after bottoming out in june, but the outlook going forward remains unclear. >>> japan's foreign minister is britain from wednesday to discuss trade in the wake of brexit. it is the first overseas trip by a cabinet member in around six months amid the coronavirus outbreak. he'lll meet t internrnational t secretary in london. the two countries opened negotiations on economic papartnership after briritain l the european union in january. japan and the eu have already signed a deal. the two sides are expected to discuss when automobiles and whether tokyo should set import quotas for some british foreign products. most people travelled from britain are being asked t

that needs a high expert to really in or make them as a bomb and bring the mitsubishi that was stolen in japan so it's a highly complicated scheme or highly complicated plot or operation i mean. and that meant or deferred it came saw that i need you know little issue all these are the this big picture of really killing prime minister hariri because prime minister had it in a political context political situation and it was killed he was killed as a jew political struggle in the beginning of the geopolitical struggle indonesian between iran and you know the arab gulf the arab and united states of america we cannot believe that they could so easily. they're the type units ok bust the verdict it's an open book ok rami i mean how do you read into the wording of the verdict itself for example that they aren't famous paragraph about not indicting lebanon and syria but saying that the political environment that existed it paved the way for hezbollah and syria to have motive to eliminate howdy. that's kind of peculiar because i don't know if that was on the sort of legal mandate of say i'm no

well-known worldwide and easy to imagine some negatively affected by what's going on, toyota motor, mitsubishia. you might say there's a soft bank in there, nintendo, they're maybe immune and that's the minority when you think about it and you have to think about the prbroader index here and the hazards tha they might be facing and the signs to see from other companirs that are in that group that reported. we take a look at the volatility on the ewj right now, typically a very low volatility index, much like the s&p was before everything that we have seen it was about 11% or 12% and then spiked of course along with the rest of the volatility in the markets globally in february and march up to about 45 and come back somewhat but it is still quite elevated right now 21%, nearly double what it was historically and the ewj is not trading at the all-time highs and it might make sense to use a put spread here normally when carter gives a technical view i like to look out 60 to 90 days but here given the weakness and rolling over i look shorter data than that out to september the 54 -- 50 putt spread

has taking a stake in the five biggest trading companies in the country. 5% inakes include about mitsubishiyour bloomberg business flash. yousef: thank you very much. the billionaire founder of one of china's biggest conglomerate is optimistic about the country's economy. exclusivelyng spoke to us. first of all, it covers a wide range of business but we concentrate on family consumption, we focus on health, wealth. we have been focused more and more. i am confident in china's economy. china has a large middle class, so there is huge domestic demand. china's industrial chain is strong in competition. chinese business will be the priority in the most important. we sense there is huge growth potential. >> we are sensing tension between china and the u.s. rising. headwind are those tensions for business like yours? i don't believe some extreme voices during the election campaign can represent the future of the u.s.-china relationship. i think they will find a solution in the future. the company complies with local laws. we are friendly to local communities. all of our investment and business de

has acquiredhaway stake in mitsubishi, mitsui, adding to his wager on the commodities sector. biggest foray into it is second-biggest economy at a time when we were talking about what the economy looks like following the resignation of prime minister abe. chart, see on my machinery and chemicals outperforming a lot of these other companies buffett has been investing in. also trading less than bulk value and offering a higher dividend yield. when it comes to the broader market, we have been seeing very strong moves coming through in japan's equity market today. we look in u.s. dollar terms about the momentum in the nikkei 225, getting back towards its heyday of the late 1980's and early 1990's. really just giving a positive impetus to other investors wanting to get into japan's market. where you have the $6 billion man backing large trading companies. annmarie: thanks so much. bank isarr at danske still with us. i want to ask you about japan. what does post-abe japan mean? >> for fx? assets in general. >> i think it is important. mics, itsay abeno provides us uncertainty about

warren buffett berkshire hathaway announcing five japanese companyings including mitsubishi and. the report of large profit declines as they increase against bad loans to base, to brace for future loan losses. more violence an arrests overnight in portland cheryl casone has all of the details. good morning, cheryl. cheryl: following shooting death of a man during clashes between trump supporters and counter-protesters over the weekend. oregon state police will be returning to portland to help with the investigation. meantime a war of words breaking out between the presidents and mayor of portland president trump calling mayor ted wheeler a full wheeler firing back claiming the president for portland rise in violence. well tony asking pruch to reconsider his trip to kenosha tomorrow. evers saying he's considered visit will hengder their healing and protest in kenosha not letting up by police officers. well a st. louis police officer shot in the head responding to a call over the weekend is dead. 29-year-old was with the department for three of that years he's the first st. louis o

the same deal where you go to work for mitsubishi and you move from job to job every three years, ors there a new way they are trying to do business, something mr. buffett would be attracted to? sophie: yes, i think there is, and i think this virus crisis has put into the open some of the changes that have been bubbling under the surface. it is no longer the case you get a job at one of these places at 23, leave at 60 and get a pay raise every year for not doing things. that is already changing things. the culture here is ready to move. there is a positive feedback loop with investing coming in from outside. they won't get more than 9.9% holding in these trading houses but that is a big chunk. the outside is influencing japan. japanese companies have a few ideas of their own. tom: warren buffett on his 90th birthday changing the financial fabric of japan. coming up, we will come back to the virus and to the pandemic. nhl hockey game this weekend -- thank you new york islanders for that. guess what? there was nobody in the stands. we will speak to a member of the u.s. tennis associati

those companies are itochu corporation, marubeni, mitsubishi, mitsui and sumitomo. he acquired them over a 12 month period through regular purchases on the stock exchange. berkshire intends to hold the investments for the long-term and that it may increase the holdings to a maximum of 9.9%. however buffet said that he would not go above the threshold unless given specific approval by the trading companies boards of directors this is a big one. a 5% stake would be valued at about $6.25 billion. and collectively that puts the bet on japan at about his 7th largest holding just above wells fargo based on the most recent regulatory filings he unloaded 25% of the holdings that he had in that company and of course his largest holding is apple. that company has now valued at about $90 billion and this all happened on his 90 birthday. he's constantly changing the way he thinks and the way he invests. he did say this is a bet and the five major trazing companies by the way are very cruci crucial. they import everything from food and textiles and energy into a country scarce i

mitsubishi operates the biggest convenience store chain. there say large hospital chain in that sense, they have pe characteristics. conglomerates. they're similar to berkshire hathaway in a way. he is giving his money to make the final stock picks as opposed to doing it himself. so an interesting investment there. >> in terms of it being a sector bet, it is definitely interesting. you think about his holdings in terms of the wholly owned businesses, it's massively exposed to north america and economic growth. with the utilities and infrastructure stocks. he sold some debt over in japan in yen terms earlier this year this could pair up i see the financial rational for it but also do agree that it's not the same kind of great business we found here at a fair price and we're going to hold it forever. we like how it managed or the business dynamics of it. >> maybe he's trying to diversify the composure away from u.s. dollars in japanese yen and barrick gold, a classic diversifier. but the other thing that stands out to me, mike, is that it's n

amongst them, mitsubishi and sumitomo. shares of all five companies rose at least 5% today in tokyo. another sign that china's economy is rebounding, one gauge of the service industry hit the highest level this month since early 2018. the manufacturing index fell slightly, but reported that new orders were up. in belarus, thousands of protesters again gathered to demonstrate against president alexander lucian go -- alexander lucas and cow. the eu -- alexander lukashenko. the eu criticized police crackdown on dissent. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm ritika gupta. this is bloomberg. ♪ >> we brought up the number. i had a conversation with speaker pelosi. even on her counter offer, she can't tell the american people, nor me, what is in that. i can tell you what is in the offer the president made and is willing to sign. . she puts forth a number, suggests that she came down, and yet she is willing to turn down $1.3

amongst them, makes you be she -- amongst them, mitsubishi and sumitomo. another sign that china's economy is rebounding, one gauge of the services industry hit the highest level this month since early 2018. the manufacturing index slipped slightly, although factories orders -- factories reported that new orders were up. demonstrations in belarus continue against president lukashenko. eu criticized -- the criticized a police crackdown on protesters afterwards. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm ritika gupta. this is bloomberg. ♪ >> the biggest thing you can take away from chair powell's remarks is a sense of pragmatism. the fed has undershot its inflation target, undershot its forecast for years, so the idea that this primitive approach is working was a mistake. adam posen,- tom: liked up this morning. a real important monetary discussion about what chairman powell has wrought. we go back to the japanese experiment of 20 or 30 years, and the idea

of the mitsubishi shipworks. those were considered military targets also this was unfortunately a factor they factored in whether or not the places had been bombed already, because the scientists and military wanted to know what kind of destruction the bombs would have they wanted a pristine target. i'm not sure how much that figured in, but they were trying to choose military targets that would cripple some industry and do a lot of damage i6r789s. >> i do know that kyoto was listed as a target, and it was taken off the list, because it was felt to be such a cultural icon for the japanese, and it had very little military value, so there was a consideration of the sites from a cultural perspective, but again, at that point they understood they might have to literally bomb the entire country in order to be successful in the invasion. >> yeah, there was -- i met years ago one of the former docents of the truman library, lana white. she lived in kokura, the secondary target, but the weather was cloudy that day, plane

berkshire took a slightly more than 5% stake valued at roughly $6 billion in mitsubishi, and other corporations he's delighted to have berkshire participate in the future of japan. the stock is at, well, up $600 a change. all right. >>> we are just about 15 days away from the deadline for tech stocks to make a deal but with microsoft and oracle seemingly neck and neck, does the white house favor one over the other? charlie gasparino is here to break it all down for us. welcome back, charlie. charlie: thanks for having me. congratulations on saying those asian names. everybody's looking for tea leaves on when this thing will be done. obviously this thing, meaning the tiktok sale to whoever, two leading bidders, microsoft, oracle, big tech companies, everybody's looking at tea leaves. lots of reports today that the decision is made that it could be announced tomorrow. just so you know, that's very possible. the decision could have been made this weekend for all that we know. who knows when they are going to announce it. obviously the chinese government getting now involved in this after the u.s.

he had a mitsubishi ship works down at the mouth of the river and the harbor. those were considered military targets. that's how they chose. was also unfortunately some factor i believe that they factored and whether or not these places had been already bombed because the scientists and the military wanted to know what kind of destruction the bonds would have. they wanted a pristine target. i'm not sure how much that figured in but i know that was at least part of it. they were tries and trying to choose military park it targets it would cripple some industry and do a lot of damage. >> i do know that in the initial list of targets the japanese city of kyoto was listed as a potential target. it was taken off the list because it was felt to be such a cultural icon for the japanese and it had very little military value. there was a consideration of the sights from a cultural perspective but again, at that point they understood that they might have to literally bomb the entire country in order to be successful. >> i met years ago when the custodians at the truman l

nagasaki was a shipbuilding center, you have the mitsubishi ship works at the mouth of the river at harbor. those were considered military targets. in that is how they chose. also, there was unfortunately some factors, they factored in if these places have been bombed already. the scientists and the military wanted to know what kind of destruction the bombs would have. they wanted a pristine target. i am not sure how much that figured in that i know that was at least part of it. they were trying to choose military targets that would cripple some industry and do a lot of damage. >> i know that in the initial list of target, kyoto was an initial target and taken off the list because it was felt it would be such a cultural icon for the japanese and had very little military value. there was a consideration of the sites from a cultural perspective. again, at that point, they understood they might have to literally bomb the entire country in order to be successful in the invasion. >> years ago, one of the former docents of the truman library, lanna white, she lived at the primary target for the

you had the mitsubishi ship works down at the mouth of the river in the harbor, so those were -- those were considered military targets, and that's how they chose. also, there was some -- unfortunately some factor, i believe, they factored in whether or not these places had been bombed already because the scientists and the military wanted to know what kind of destruction the bombs would have, and you -- they wanted a pristine target, so they -- i'm not sure how much that figured in, but i know that that was at least part of it. but they were trying to choose military targets that would cripple some industry and do a lot of damage. >> i do know that in the initial list of targets the japanese sacred city of kyoto was listed as a potential target, and it was taken off the list because it was felt to be such a cultural icon for the japanese that it had very little military value. so there was a consideration of the sites from a cultural perspective, but you know, again, they were -- at that point they understood that they might have to literally bomb the entire country in order to be suc

oty include mitsubishi and hers. hang seng up by 1.2%. the hong kong exchange getting a fresh record high. noting a tech ipo frenzy seen since the dot-com bubble. kospi bucking the trend, down .2%. help smalla steps to businesses with a boost by mid-september. taking a look at futures in india, pointing to a higher in -- higher opening. ddp report markets working at the worst on record. 6% stake in the retail unit. for $3.4terprise billion. have the billionaire founder of one of china's biggest conglomerates optimistic about the country's economy, even in the escalating u.s.-china tensions. also eyeing opportunities in southeast asia, brazil and africa. spoke with tom mackenzie in shanghai. all, it covers a wide range of business, but we concentrate on family consumption, health, happiness, wealth. our business is focused. in recent years we have been more and more focused. i am very confident in china's economy. china has a large middle-class, so there is huge domestic demand. also china's industrial chain is very strong in global compet

major moves higher in the likes of these companies, tokyo, mitsubishi. companies were the trading within the commodities space. and one is a general trading firm that handles a number of items, including textiles, oil and gas, and its diversified portfolio really remains, as you can see, chart, have performed the other companies berkshire hathaway has a stake in, and offering a higher dividend yield than the topics. this $6 billion bet from berkshire hathaway, from warren buffett, coming at a time when on friday, we were talking about the future in japan following abe's resignation, certainly providing a boon for this economy hit by not only the pandemic, but the puzzlement of the olympics. and a pretty big backing to the japanese equity markets, too. matt: you got a big morning call from goldman sachs. what is it? juliette: betting on this dollar weakness. here, butfternoon i'll give you your morning call for those of you waking up. they will see $1.25 for the euro, which is already rallied since the virus hit in march. this is aided from what we've see

no, we'll definitely get to the buffett news and watch mitsubishi david, as for tiktok we have cnbc.com reporting that we expect a deal, basically, in the next couple of days. where are you on this? >> yeah. you know, sometimes as a reporter you kind of lose some people along the way and i'm going to rely on our colleagues at cnbc.com in terms of their reporting where they're saying that the bidder has been identified in other words, we knew it was oracle and microsoft and this strange partnership with walmart. microsoft and oracle and oracle along with bytedance owners being the two key bids unclear there was a third bid of any significance there but, carl, this law or this change that came out of china in terms of the export laws and tightening it specifically to ai andsoftware code you have to think that that gives any of these buyers pause. that is because it comes back to the specific issue that i've been talking about now for weeks related to the software code itself i mean, that is what makes tiktok, tiktok the ai and the code you would get for essentially what would be a year. y

japanese trading companies 5% in five different names, mitsubishi -- [inaudible] you will pronounce thosecontrarian given that global investors have been doing the opposite which is pulling $43 billion from japanese stocks to invest in high-flying u.s. tech stocks here instead. but berkshire has underperforms the s&p 500 over the past decade, i can't believe that from the oracle of omaha, but this eau owes to the fact that companies like kraft hinds have not grown as much as the broader markets especially when it comes to tech names, and that has left buffett with a lot of cash $146 billion, so the japanese investments under exposure to commodities as well. dominion oil, he needs to find growth somewhere, maybe outside the u.s., and it's been well saturated and we've seen a lot of performance, right? maybe he's not finding value here anymore. but why doesn't he use that, cash pile, i mean, dare i say it, to give back to shareholders? stuart: oh! >> like he has an issue in dividends, but i think he can learn from apple which finish. stuart: i wouldn't invest in berkshire hathaway to get th

host: mitsubishi first time? caller: yes, absolutely. i voted for clinton. her.ot want to vote for i was offended with her super predator remarks and totally taken aback by the crime bill that her husband signed to placate the republican legislature and that turned me against them very much, but because of the idiot that was running, i voted for clinton, even though i live in maryland, it is pretty much a shoo-in for the democratic nominee with the maryland electorate. state,a solid democratic though we have an excellent republican governor, which is off subject. then this is what i would like to see -- i think biden will be able to serve one term, then whoever the lady is will be able to serve -- we will run her for a second term and then a white woman be a vice president. let's let women run things for a while. men have screwed this up for 401 years. let's let women power take over and see if we cannot better things in this country with new ideas and a new point of view for america. host: since we are talking hypotheticals, what we think if larry hogan ever ran

will talk to ian toll about this, but i believe in nagasaki in particular they were targeting two mitsubishiar production plants. even though that bomb was three quarters of a mile off target, that explosion wound up destroying both of those factories in nagasaki. christopher is in orangeburg, south carolina. good morning. caller: good morning. yes, i am a historian. i want to say every year, i listen to c-span. normallyay, because you cover the anniversary every year. i wanted to weigh in on the phone this time. there are a lot of myths and misconceptions. one of the big ones i want to tackle is that japan are doing things worse. certainly they do horrible things, they committed war crimes, absolutely undeniable. the atomic bombing, the idea that it was necessary, the million man statistic, you can go and read what the leaders of our country, the decisions they were making, they wrote it all down and they took notes. we havete diaries and them publicly available. it would be nice if people read them, rather than just saying things that are largely disproven at this point. host: ok, christop