growing within the company as well yeah i mean there is little doubt within the company that the monsanto deal was a bad deal i mean we have the life's a scandal if you can call it that breakout very shortly after the purchase has it gone through it white 30000000000 off the value of by a taking its capital market capitalization to below 60000000000 less than it paid for monsanto you said this is being quite the problem for by its share price continues to slide share holders of very unhappy about it and want to tout the way robots thank you very much. and now to some of the other business stories making the news. has busy plans to fire up to 10000 more staff according to the financial times this comes just weeks after its chief executives stepped down and announced the axe end of 4000 employees citing a weak global outlook the latest cuts are part of a cost cutting drive amid falling interest rates brags that and the long running trade work $3.00 former top barclays executives are due in court on monday there are charged with fraud linked to how the bank raised billions of pounds from qat

monsanto is a is like all big ever come across companies highly profitable and highly influential in political circles few years ago the complete. a $100000000.00 expansion of the round up plan for instance in cancer when we'd welcome our governor bobby jindal and our 1st lady so pretty agenda. governor jindal whose wife is a foreman one son 2 employee praised the expansion of the round up plant in 2010 every year since then this plant in cancer alley has had the most toxic releases in the entire state. is really important to remember there's a real difference in any pesticide between is active ingredient which in the case of roundup for example is go ifas 8 versus all the surfactants an urge to go into that full pesticide when it's sprayed and to demonstrate this research it had to ponds with frogs in them in one pond you just put the active ingredient of roundup like to say very little impact on the frogs in the next pond he put the whole formula devastation 8090 percent depending on the developmental stage of the frog of death in those frogs so that shows you the difference betwee

we wanted to make sure they are a monsanto product or not and what is put in place. tonight's presentation by chris geiger will be much for abbreviated than what the policy committee heard and we did not bring city department representatives to present because, again, the policy committee asked them many questions and we had details. so with ha, i will turn it over to chris geiger. >> thank you, director and good evening, commissioners. i can't resist saying this is an inspiring agenda tonight. so i have to say that. so tonight, i'm going to present to you -- i'm going to talk a little bit in abeliev abbreviats about what we're putting before you in terms of the revised risk perfecticides list. we have pc and public works and here and these departments are exceptionally committed to this. this is one of my great joys is having such a great group. i'm.8 and nothing could happen without all of these folks. the u ip approach is in the mandate and we have to follow the least risk approach. the restrictions that we'll talk about tonight, started out as a ban on all pestic

monsanto is a is like all big ever come across companies highly profitable and highly influential in political circles few years ago the complete. $100000000.00 expansion of the round up plan for instance and cancer we'd welcome our governor bobby jindal and our 1st lady so pretty agenda. governor jindal whose wife is a former monsanto employee praised the expansion of the round up plant in 2010 every year since then this plant in cancer alley has had the most toxic releases in the entire state. is really important to remember there's a real difference in any pesticide between is active ingredient which in the case of roundup for example is go ifas 8 versus all the surfactants and nerves that go into that for pesticide when it's sprayed and to demonstrate this research it had to ponds with frogs in them and in one pond you just put the active ingredient of roundup like to say very little impact on the frogs. in the next pond he put the whole formula devastation 8090 percent depending on the developmental stage of the frog of death in those frogs so that shows you the difference betwe

companies that control upwards of 75 percent of the global has to sign trade and the big 6 names are monsanto now they're suggest. n.b.a.'s and those 6 global corporations really controlled in terms of food in farming. bookie. you know they need to leave. your feet on to the big. one and. if women i guess would not go many of them with ball but it gets a lot of offensive e-mails and said oh how did he come from. sunday in south moonshot just emphasize on not that i had an example but get a little put to me that can leave out the more they were asked what it was was he put them up and made a movie a card but i doubt that i'll cut out that about this. you know much more appropriate as. he was for 9 june 28th in history and now. where the real who uses the. good with good luck in the theater how are you going to be opening the i'm a model for the cover of a well i'm not revokable i'm the i'm but his mom worked her whole life in the fields and so before the pregnancy she was working in the fields and for the 1st few months. in marrying her big travel he had. to see a bill she said but. so he's be

monsanto's it is like all big ever come across companies highly profitable and highly influential in political circles few years ago the complete. a $100000000.00 expansion of the round up plan for instance in cancer alley we'd welcome our governor bobby jindal and our 1st lady so pretty agenda. governor jindal whose wife is a foreman one son 2 employee praised the expansion of the round up plant in 2010 every year since then this plant in cancer alley has had the most toxic releases in the entire state. is really important remember there's a real difference in any pesticide between is active ingredient which in the case of roundup for example is go ifas 8 verses all the surfactants an urge to go into that full pesticide when it's sprayed and to demonstrate this research it had to ponds with frogs in them in one pond you just put the active ingredient of roundup like to say very little impact on the frogs in the next pond he put the whole formula devastation 8090 percent depending on the developmental stage of the frog of death in those frogs so that shows you the difference between

all 3 verdicts and continues to argue that round up the save the herbicide was eventually made by monsanto which buyer acquired last year from us 2 decades cambodia has enjoyed duty free access to the european union single market thanks to the so-called everything but arms or agreement is stipulates that developing nations get trading privileges in exchange for upholding democratic values now cambodia's deteriorating human rights situation is jeopardizing that deal. supporters of the market agree jean critic ken lee arrested on the on of actually off his death. 2016 now who do that to the east face imprisonment i think government cracks down on public opposition rallies this human rights group must remember late privately. they are demanding justice. that. really stop the independent investigation commission to ensure that justice will be brought to the public to find out who is a really. great guy. under the so-called everything but arms treaty cambodia can export all products excluding weapons into the e.u. duty free and return the regime needs to respect human rights and promote democra

question one, given monsanto, a lot of farmers have the seeds.stion two, as the theronment to diminish with regularities of climate change, if urban farming is going to become a thing, what are going to be your regulations? wants tot know who take that? >> the second part of it, on hydroponics. it might become urban, but there's a place outside marfa, texas that grows 50 acres of greenhouse, hydroponic, 1500 acres worth of tomatoes. i think we will see this. i don't know anything we are doing in texas that is slowing that down, from that aspect. your question may start getting into tax policy, like, if you are sitting on half an acre doing this, do you get the valuation? i would have to bring in chairman burroughs if we want that conversation. >> zoning is also an issue. my thing with the monsanto issue i, it's not an run into, from intellectual property. >> to answers to your question. first of all, the reality, the reason monsanto did what it did is because it invested a tremendous amount of money developing those seeds. so we have ceded too mu

labor chemical company monsanto was on with its life as a base to the ground up last year now it faces heavy litigation costs as plaintiffs claim the roundup because they can't sell something by disputes buyers trying to reach a settlement earlier court rulings against them. so he delays our financial correspondent in frankfurt chelsea how confident is the company now that it's going to ride out the storm buyers very optimistic and they also report of 3rd quarter earnings today that were actually a lot better than people had expected their core business there are cultural business the crop business the pharmaceutical pharmaceutical businesses they're altering pretty well there they had revenue up in the 5 to 6 percent range at the same time there are there this remains a concern the mounting litigation is certainly a concern for investors and analysts are expecting a settlement in the $8.00 to $12000000000.00 range and in terms of a timeline they they are expected to be back in court in january so i think over the next couple of months and busters are going to be looking for some sort

and online ads by our acquired the us i wrote chemical company monsanto along with its life as a base wheat killer round up last year now it faces have an integration costs plaintiffs claim that round up because their accounts are something that disputes bio's trying to reach a settlement after a court rulings against them. out as fair enough financial correspondent tried to delay any and frank for chelsea how close is buyer to a settlement. this is these discussions are certainly gaining steam and i think the surge we're seeing in new lawsuits is definitely going to add pressure on buyer to to reach a settlement soon so they've already lost about 30000000000 dollars in market value as a result of these court cases in the u.s. they've also aready lost 3 of the of the cases they've filed in the u.s. each of those cases they ended up paying in the 10s of millions to each plaintive so if you extrapolate that this could be very very expensive if buyer tries to fight 43000 lawsuits there and settlement and they say they continue to on those i think the important question is going to be how

question one, dealing with monsanto and their regulations, because a lot of farmers have been threatened by them and been put out of business by them, due to them having the intellectual property and copy right over the seeds, as well as the planting distribution. question two, aqua ponics, as the environment continues to diminish or the irregularities in the climate change, if urban farming going to become a thing, what will be the regulations on that and aqua ponic farming? >> who wants to take that? >> i will take the second part of it on hydroponics, yeah, it may become urban but there's a place outside of a city in texas, that grows 50 acres of green house, hydroponics, that grows 1500 acres worth of tomatoes. so i think we're going to see this. i don't know anything that we're doing in texas that's slowing that down from that aspect. now, your question may start getting into tax policy, which is if you are sitting on half an acre, doing this, do i get tax add valuation? i would have to bring in the chairman in here to talk about ways and means, if we want to have that conversation.

in the early eighty's monsanto found a bacteria that was stans their herbicide roundup they were let's take d.n.a. from that bacteria put it into corn and eventually soy and cotton plants they said now we've got it you can ariel spray those crops with these toxic herbicides kill the waves and the crops survive we have not done adequate testing you're going to see the issue is the chronic effects the long term and that's important. because people are chronically exposed so much so that irrespective of whether or not either cumulate they carry a load we know it's in the mother's milk whether or not it crosses in neutral to the placenta barrier i don't know but the issue was raised with the e.p.a. . why didn't you look for the chronic effects of going to see constant exposure and . they said because it never accumulates 1st of all accumulate means you keep building it up like money in the bank but it doesn't matter if it accumulates or not if you're exposed to it every day or everywhere. to grow g m o's that they're doing is they're just dumping copious amounts of poisons and chemicals on

and then she went to join and become the head of government affairs at monsanto. and now she's a vice president of safety health and environment and chief sustainability officer dupont so her interests are not only to ensure the advancement of dupont but she also used to be at the e.p.a. and she understands all the loopholes 'd within the e.p.a. to advise her organization of how to get through safety issues another example is terry medley here's a person who is a administrator at the u.s.d.a. and at the f.d.a. and now serves of the director of regulatory and external affairs of japan corporation's agricultural enterprise you can also look at someone like clinton uter who is also at the u.s.d.a. and was a u.s. trade representative and he's on the board of my kitchen which is a wholly owned subsidiary of dow chemical but perhaps for the most egregious ones is michael taylor who was appointed by the obama administration prior to joining as deputy director of foods at the f.d.a. he was actually the head of science policy for months anto and the list goes on you have m

things that monsanto for example got a deal a contract right after the coup that they probably would have gotten. so there is a lot of it but it's more of a strategic thing than an economic but they were economic interest it was no question about well who could make this line the pipeline who could make this up ukrainian president selenski is a comedian turned politician after playing one on t.v. and he flatters mr trump by telling him he's followed his example is a landscape crazy like a fox is he crazy is he out of his element governing is trump seems either or both neither well in many many ways he's like trying because he promised to drain the swamp i mean i'm not casting aspersions on all ukrainians we're by saying that one of the most political elite corrupt class of political class the most corrupt in the world. so he tried he went in saying he was going to clean this up that's like trump now trump hasn't done a great job in my view this guy is probably hamstrung by a lot of pressures from a low guards etc but he's trying to work with trump as they announced today that they wo

. >> bayer numbers rose but the number of lawsuits related to the monsanto weed killer has jumped upo 42,000 on deck, we reveal what is the biggest long-term question for boeing as its ceo prepares for a second day on the stand in capitol hill a win for j&j as that stock moves higher ♪ ♪ i've been a caregiver for 20 years. no two patients are the same. predicting the next step for them can be challenging. today we're using the ibm cloud to run new analytics tools that help us better predict and plan a patient's recovery. ♪ ♪ ultimately, it's helping thousands of patients return home. and who doesn't love going home. >> welcome back. california governor touring the fire damage and slamming pg&e over its continued role in the disaster jay gray has more from l.a. on the current status and where the blame is being passed, jay >> brian, look, right now, we are inside the command center and staging area the national weather service issuing its first ever red flag warning, extreme red flag warning. fire conditions this week are the most severe they have seen in recent history. >> framed by

the company inherited the problem when it bought monsanto.nion representing at&t employees says elliott management could lead to more than 30,000 job costs -- cuts. elliott wants at&t do divest its landline business and directv among other things. they represent more than 100,000 at&t employees. that's the latest bloomberg business flash. guy? vonnie: still ahead, -- guy: still ahead, bank of america is the latest to report earnings and the biggest jump in on wallnt banking street. we take a look at the numbers, and then we are live in ohio where the democratic presidential hopefuls took to the stage last night to pitch their policies. the one thing they could not agree on, well, we will talk about that next. european markets are trading softer today. the pound is the main focus and everyone is trying to figure out whether or not we will get a brexit deal today. this is bloomberg. ♪ vonnie: live from new york, i'm vonnie quinn. guy: and from london, i'm guy johnson. this is "bloomberg markets." vonnie: let's check in on bloomberg first word n

he went to monsanto chemical company and asked them to invent an artificial grass.id, "we'll call it 'astroturf.'" of course, it became world famous. >> in 1968, looking to expand the astrodome experience, the judge spends $25 million to open a one-of-a-kind amusement park on 57 acres budding up to the stadium. it's name? you guessed it -- astroworld. >> astroworld was our theme park. it had the big rides, it had the roller coasters, but it also had a carnival feel to it. >> circling the park is the 610 limited railroad. and roy wants his own private railcar for himself and its vip guests. >> he commissioned harper goff, who had won an academy award in hollywood for set design, and when he built this railcar, he spared no expense. >> goff's design recalls the glorious luxury railcars of the whistle-stop era. >> it's like when you see the presidents in the olden days. they had the platform where they could talk to the crowd. so it's got a viewing platform in the front. >> hofheinz approached that railcar like he did everything else -- it had a "wow" effect. >> he lef

- sure, tony, now roundup weed and grass killer is manufactured by monsanto company and it's a company recently acquired by bayer for over 60 billion dollars. it was introduced in 1974 as a way to kill weeds while leaving crops and plants in tact. and it sold in 160 countries worldwide,

the company inherited the problem when it bought monsanto. that is your bloomberg business flash.x: thanks so much. economists going coated tow over the question, is the phillips curve dead? james bullard says yes. his colleague frederic mishkin disagrees. >> based on some views i think are just wrong but the phillips curve is dead -- >> i do not think this idea is dead. the empirical phillips curve looks like it is zero, but the structural phillips curve could still be alive and well. i think that is a very tangible thing. alix: bullard joked that the debate reminded him of a fed policy discussion. i feel like for economists, that was probably the liveliest you will get for debate on the phillips curve. coming up on this program, the democrats take the debate stage and take aim at big tech, health care, and more. we will discuss how to hedge risk in the 2020 election cycle. we are a little bit weaker, with bank of america delivering solid margins. this is bloomberg. ♪ everyone uses their phone differently. that's why xfinity mobile lets you design your own data. you can share 1,

monsanto's it is like all big ever come across companies highly profitable and highly influential inpolitical circles few years ago the complete. a $100000000.00 expansion of the round up plan for instance and cancer on welcome our governor bobby jindal and our 1st lady so pretty agenda. governor jindal whose wife is a former monsanto employee praised the expansion of the round up plant in 2010 every year since then this plant in cancer alley has had the most toxic releases in the entire state. is really important to remember there's a real difference in any pesticide between is active ingredient which in the case of roundup for example is go ifas 8 verses all the surfactants an urge to go into that for pesticide when it's sprayed and to demonstrate this research it had to ponds with frogs in them and in one pond you just put the active ingredient of roundup like to say very little impact on the frogs. in the next pond he put the whole formula devastation 8090 percent depending on the developmental stage of the frog of death in those frogs so that shows you the difference between jus

energy to technology to future markets gas oil shale clean energy and a year a few years ago the monsantoid greens. they would rather not create their own research and development arm when they come to the west. their patent program is quicker and more effective than ours and they immediately had gained at the local or international market. >> this idea of them working with genetics mapping companies in the u.s.. i hadn't heard about that. what's going on there? >> not only did they use their intelligence arm to steal our intellectual property and trade secrets but in the case with the utilization of duke and yale cat ability for genome mapping sometimes we engaged them into great collaborative work with their academic work and they take it anyway. it's a non-winning environment that they took that technology on the genome in dna and used it to imprison over 1 million uyghurs. even great technology that we utilized for great purposes sometimes is used nefariously by intelligence services of rogue agents. >> this was done by the msn which is a major intelligence service. is this through le

and we saw a few years ago with the monsanto case, stealing hybrid greens and sand, because they have.4 billion people. so they would rather not create their own research and development arm when they can come over here to the west and take it. and they go first to market and their patent program is quicker, more effective than ours, and they immediately get gain of a local or international market at 30 cents on the dollar. ms. nakashima: right. this idea of, then, stealing or working with genetic mapping companies in the u.s., i hadn't heard about that. what's going on there? mr. evanina: so it's complicated. so not only do they use their intelligence arms and their nontraditional collectors to steal our intellectual property and trade secrets. in a case recently with utilization of duke and yale's capability for genome mapping, sometimes we actually engage with them and do great collaborative work with their research and development and their academic work. and they take it anyway. so it's a not winning environment. but they took that technology on genome and dna, and they used it t

appointing someone , who is ceo of monsanto pro-business.et pro-business, but down in florida, we depend on tourism as our only business. the only source of money that comes into florida, for the most part, is tourism. when you take herbicides and pesticides and dump them in lake okeechobee, and that turns the water blue from a blue tide that runs up the coast -- everything is interconnected in florida. we have a series of ecosystems that are all interconnected, and when you allow all of these places to become polluted with herbicides and pesticides, it is killing everything come up to santa bell island, where the torist trade is so critical our economic life here. onto theyou come out beaches, instead of seeing a beautiful, pristine beaches, what you are seeing is death -- you see dead manatees floating up on shore because of a condition where the oxygen is removed from the water -- host: we are running out of time on this segment and will get an answer from robert weissman. guest: we have seen this trump environmental protection agency do