a very morgan anecdote. morgan is a deeply authentic person.as in some ways a proto-romantic hero. he was not a mr. darcy. he had passions aplenty. but they were ultimately directed toward the right objects. just parenthetically, you should know that in 18th-century, scoundrels are very popular. [laughter] dr. zambone: the first novels are all written, like pirates are extremely popular, highwaymen are extremely popular, you get the idea. contrast with a dorsey figure at the beginning of the 19th they are sort of rapscallion gentlemen gone bad versus gentleman gone right. what people like morgan saul, arthur williams saw, john howard, what they saw in morgan from their aristocratic perspective or from a low perspective was someone who had been out of control and who had made himself into a properly controlled human. -- gentleman. he might be a diamond in the rough, but he was a diamond. but was he a revolutionary? success shows something about the nature of the american revolution as well as the period that comes before it. i do not want to lit

this is a big part of morgan hill. personality a big part of their city as they love having folks there. >> a lost folks are going to be out there. as we see right now on our screen, there are going to be a lot of road closures because this is a big event in that area. so talk about what people should be mindful of. >> reporter: all right. so the road closures are not going to be as rough as they were last year. laura and i were talking about this earlier today. last year there was a time trial here in morgan hill. and so the road closures lasted pretty much all through the day. if you look at that map, though, you can see the areas that are going to be closed. stretches of monterey, cochran road, butterfield boulevard, main avenue and condit. they're going to be closed for just about an hour between 2:45 and 3:45 this afternoon as those cyclists make their way into the city. again, the closures last year lasted a lot longer because it was a different kind of trial. >> we see the track they were traveling. talk to us a

over the years the once sleepy town of morgan hill has become more than just a gateway to silicon valley. >> i think they have done an awesome job. it feels hometown but it has everything to offer you, everything. so i love it. >> quiet and quaint have been replaced with the hustle and bustle of construction downtown. next to the granada theater on monterey road, the granada hotel recently broke ground and will have 60 rooms and feature a spa, steakhouse and market hall among other amenities. south bay entrepreneur frank leal is on a mission to make morgan hill a tourist destination similar to napa. >> the way that traffic is and people's time restraints. why not take a 15, 20 minute dive down to morgan hill. >> just a few blocks away, a new apartment building will come online later this year in addition to other projects in the works. >> we have the weather, we have the wineries, we have the restaurants. so it's all finally coming together. >> officials say it's all part of their plan to raise the city's profile. >> one of the most exciting things about this renaissance is

morgan stanley, goldman sachs and jp morgan is getting more of them, but they are the game.high net worth retail investors who bought in in late private rounds. is this going to be kind of the end of that? there's going to be other unicorns in the future, other hot companies people will be excited about. but do you think this idea of people getting really excited about some sexy ipo in a few years will not be a thing as much? sonali: that is a great question, and when i have been asking all day. [laughter] the thing is, let's see how the next couple play out. morgan stanley had a lot of money in palantir, for example. some ipo's this year, interest --- pinterest did do well. as long as you are not putting all your money in. goldman private clients got in at a lower valuation than morgan stanley, so they did a little better. but if you are getting in at 201 6 rather than a few years earlier, that makes a big difference on how much you get in the ipo. caroline: softbank and managed to embrace a bit of a discount. [laughter] interesting to see when the lockup ends. sonali, than

morgan hill, san martin, and gilroy.amian: you're still taking more signups? kathy: yes, we are. it's going to happen in july, so there's still time to sign up. damian: what's that like, shirley, to see chavalitos who maybe were born here and they're taking up the guitaro and they're taking up the trumpet, the violin, and they want to continue that tradition? shirley: well, i think it's important because they're sharing our culture not only with our-- within our own community, but in the broader community. and i think that they-- the instruments that they play, the things that they learn, the way they perform, and the teamwork that they have is a great opportunity for them to continue to-- in their educational endeavors, it makes their commitment to education and learning instruments that, you know, it's just unparalleled with other things. and i'd just like to mention the groups right now that are going to be performing. it's mariachi herencia mexicana. damian: we know them. shirley: mariachi orgullo mexicano. damian: w

morgan estÁ a favor de un muro fronterizo.ner el flujo de migrantes en la frontera del paÍs. >> mark morgan, Único fÍsico al del f _- un oficial que en la presidencia de obama fue director de la patrulla fronteriza. argumentÓ que mark es un verdadero creyente y un patriota americano. escribiÓ-- [habla inglÉs] "los muros funcionan" ha sido una de las frases mÁs repetidas por morgan. dice apoyar 100% la retÓrica migratoria del presidente . incluso asegura que durante los primeros dos aÑos de su mandato gracias a la polÍtica de tolerancia cero se han podido arrestar a 266,00 inmigrante con la sency -- 266,000 inmigrantes- 4000 que enfrentan condenas por asesinato. >> algunos comentarios que llaman a eliminar ice son irresponsables", ha dicho morgan en repetidas ocasiones. agentes especiales de ice desde 2018 promueven una iniciativa para dar el fin de este gobierno. morgan piensa que el gobierno de mÉxico ha fracasado por controlar el flujo de indocumentados que ingrese por su territorio. en de la crisis de la frontera como la pe

morgan es un funcionario de la administraciÓn obama y dirige la patrulla fronteriza.de momento se transformÓ a un trumpista. maria: el exfuncionario de obama critica fuertemente al actual congreso por la falta de acciÓn en asuntos migratorios yy hay quienes comparten su misma opiniÓn. >> es un sistema que se debe arreglar, pero no se ha hecho porque los demÓcratas no estÁn negociando en buena fe. maria: morgan tambiÉn estÁ a favor de enviar a los migrantes indocumentados a la ciudad de santuario. antes que morgan comienza sus funciones de ice tendrÁ que ser ratificado por el senado y segÚn expertos no enfrentarÁ grandes barreras para lograr su aprobaciÓn. marÍa rosa, univisiÓn. palmira: le presentaremos a una madre de familia. nos cuenta el cambio que quiere ver. en dos ciudades del Área de la bahÍa se podrÍa prohibir el uso del reconocimiento facial. le contamos cuÁles son. la prÓxima vez que timbra su celular sÓlo una vez piense dos veces antes de marcarle al nÚmero que le llamo, se podrÍa tratar de una estafa. >> muchÍsimas gracias y feliz inicio de jornada laboral

morgan? >> speaking of time, hans, i want to go over to geoff pretty quickly. are democrats expecting the attorney general to comply with their subpoena? if he doesn't, what exactly would hold the attorney general, what would be holding him in contempt of congress even look like? >> reporter: hey, morgan. the democrats are certainly hoping the threat of being held in contempt helps clarify the stakes for the attorney general, but the d.o.j. has already blown through one deadline under sp n subpoena, house democrats trying to force them to turn over the entire mueller report. and there's no determination that the attorney general can be coerced, compelled or shamed into complying. when we talk about house oversight of this administration, it always really -- we always talk about the democrats because the republicans, remember, made a calculation two years ago that they were not going to act as a proper check against donald trump because it was not in their political interests, even though have

this is down in morgan hill. morgan hill outdoor "sportscenter" will be the finish. this is where the most exciting action of today's stage is going to happen here in morgan hill. 132 elite cyclists did start the amgen sunday in sacramento. yesterday's stage was tough. it was mostly uphill near lake tahoe's heavenly ski resort. they will end up in morgan hill. city leaders could not be more thrilled. >> stage three is particularly exciting because it's a long race. but it also has six independent plains. 10,000 feet of elevation. so the riders are going to be coming in to morgan hill tired. they're going to be coming in to a sprint at the finish line with very sharp turns. and they're going to be racing to the finish line. >> reporter: check out the map of where the cyclists will speed in. stretches of monterey, cochran, butterfield, main avenue. they will be closed for about an hour between 2:45 and 3:45 this afternoon. this is a little different from last year where they have a speed trial. morgan hill unified changed their bell schedule to have early release today

does he feel the culture that morgan has shaped?ve been around before it has been relaxed and good fun and most of the lads have grown up with each other as well over the years. a very relaxed dressing room, everyone enjoys each other‘s success and pharmacies have shown that. and performances have shown that. hopefully we can continue over the next six weeks. meanwhile there is a team that have dominated the last 20 years of the world cup, which is winning again, and is finished with soul—searching. yes, here tomorrow, england will play australia in a friendly match. there's no better way to get the competitive edge than a practise game against england. i think we can talk about it being a practise game, getting some miles in your legs, but when you get over the line, pride takes over and you want to do well. competitive but respectful come australia have been trying to prove that the balance is possible, which brings us to david warner. he's about to his traditional position, and the centre of attention. celtic have the chance to p

south bay entrepreneur frank liall is on a mission to make morgan hill a tourist destination similar to napa. >> the way that traffic is and people's time restraints. why not take a 15, 20 minute drive down to morgan hill. >> just a few blocks away, a new apartment building will come online later this year in addition to other projects in the works. >> we have the weather, we have the wineries, we have the restaurants. so it's all finally coming together. >> officials say it's all part of their plan to raise the city's profile. >> about this renaissance is that they're local investors. there are people that believe in this community, they believe in the ppeningoofast? long-time residents wonder how much more growth the city can handle. >> there's only so many ways in. and those ways are just so stressed with all the people that are now living here, it makes life a little more difficult. >> the city says they have

as well as goldman sachs, as well as jp morgan.were one of the longest standing banks in silicon valley . you are not going to shut off morgan stanley completely, but if facebook is any indication -- facebook, by the way, was much worse than uber and they were back in the game within six months. uber shares have recovered since the opening but we will be watching the next few months to see where they end up. thank you for that report. former topa investment banker wants to take on amazon. about hislk to him new sector. this is bloomberg. ♪ emily: it was a graduation gift no one knew was coming. robert smith was giving the commencement address at morehouse college this weekend and told the 300 96 graduates of the historically all black in atlanta that the billionaire investor and richest african-american man in the united states that he was forgiving their student debt. >> my family has made a grant to forgive your student loans. i know my class will make sure they pay this forward. i want my class to look at these alumnus and beaut

morgan's pus into the health care spending market. j.p.was up 110 to 77. >> hewlett-packard enterprise is buying super computer make klay for $1.3 billion in cash and the move is the technology's efforts u advance in gh -- and hewlett-packard wn a fraction to 14.62 and it rose 32o 36.52 and amazon is buying atake in the british delivery sevice and the m takes aim at. lar food delivery services like uber eats. shares of amazon fell 2% at $861. and lyft is being sued by investorsver its ipo. the lawsuit claims lyft misled investors about its ride-sharing position. bicycle safety issues and labor it also alleges, lyft's fall statements inflated the share price where invests lost money when lyft fell. it finished at $53.79. time now for ouree wkly market monitor who is bting on the u.s. consumer. quint is back with us and he's founder and president of jewel financial. welcome back. the first one you bring up for us, if you're tnking about the consumer is twitter. i don't often think of that as a consumer company and a technology company. how d

morgan, thank you. see you in a bit. >>> donna brothers is on track reporter for nbc sports, one of the most decorated jockeys herself all time with more than 1,000 career wins. donna, thank you for being with us. you thought you had seen it all at churchill downs and this happens yesterday. i guess the bar has to be pretty high to strip a derby winner of that title and not to mention the money involved in all of this. what happened, donna? did they make the right call in the end? >> reporter: willie, i think they made the right call. if this had happened in the fourth race on wednesday, absolutely they would have made this call. so for the biggest race in america, they still have to make the same call. in the rules of horse racing, at least in american horse racing, if you bother another horse, then you have to be taken down and placed behind the horse that you bothered. in this case, obviously, the winner bothered a couple of horses about the lowest placed of those horse was number 18 long-range toddy

ofare joined by michael bell jv morgan asset management. -- of j.p. morgan asset management. the markets have become volatile and petulant. michael: i think markets at the moment are focused on the extent to which trade concerns are going to turn into weakness for manufacturing and particularly for. when you look at -- particularly for capex. when you look at eurozone country investment goods manufacturing pmi's, they are really at quite week levels. what the market is trying to what markets had priced in this year going to come to for wishon, or will the trade talks delay that from happening at all? hence, there is a risk that the weakness in capex and manufacturing spells across into employment. when you look at the employment component of manufacturing pmi, that has fallen below 50 as well, so i think markets are trying to way out that risk as to whether it is going to spill across and affect labor confidence. vonnie: it feels like it might be the second or third step. first we have to figure out if there are going to be tariffs on european autos. what is your thinking at

temperatures near average. 74 in downtown san jose, and 73 in morgan hill.ver to the east bay, a couple of 80s. got to get outside and enjoy it tomorrow, 80 in concord. and 80 in antioch, and cooler with the baybreeze. >> the peninsula, 73 in redwood city. 71 in san matteo. san francisco, warmer. and it will be nice and mild in the mission and as warm as 79 in napa, and 77 in navad on o, i know a lot of you at home, i hear you, you want the weather as you head through the weekend. it just doesn't look possible the way things are shaping. now, look, i think saturday is going to be the best day of the weekend but we have a storm system that we are still following. it will sit and linger for the next six days. there's really nothing to kind of move this storm system in and out and in the newest change still, as of tonight, it's looking like the storm system will move more off to the south. that brings a possibility of showers on sunday. with that said, we are looking at a trace to .05 of an inch. and up 60s and low 60s in san francisco. i keep you in the 70s fo

desel muro ha sido prioridad del presidente morgan ha mostrado su apoyo con la construcciÓn del muro. responsables de la polÍtica migratoria apenas en abril, la secretaria de seguridad interna christian nielsen fue dada de baja el presidente declarÓ... y ahor la cÚpula de las agencias responsables, tiene con marc morgan un nuevo cambio en otras cosas lo que parecÍa un vuelo rutinario, acabÓ tragedia ocurriÓ en rusia. un aviÓn de la empresa aeroflot ocurriÓ cuando el aparato hacia un aterrizaje de emergencia poco despuÉs de despegar, en la maniobra se rompiÓ el tren de aterrizaje delantero y el fuselaje impactÓ... comenzo el fuego, 41 personas murieron mientras trataban de escapar los pilotos detectaron un incendio a bordo en la parte de ascenso y decidieron regresar a moscÚ es el primer accidente trÁgico en un vuelo comercial en este tipo de aeronave superyet 100 de fabricaciÓn rusa >>> el presidente trump cambiÓ de idea, ahora dice que el fisc fiscal general robert mueller no debe.... las conclusiones sobre la trama rusa. la comisiÓn de asuntos judiciales de la cÁmara de representant

"the baltimore sun" reports that at morgan state university's commencement in baltimore, elijah cummings, who represents most of the city, urged their graduates to use their degrees and talents to defend and promote democracy in its hour of peril. the newspaper reports congressman cummings, who chairs the house oversight committee, did not mention president trump by name but said the president has created a fight for the very soul of democracy. rep. cummings: to dr. wilson, i want to thank you for your very kind introduction. good morning to everyone. i'm honored to be with you on the wonderful occasion. i must say, that as i was sitting there listening to my good friend and mentor and colleague, i could not help but think about the campus as it was maybe 15 or so years ago, and think about how far we have come and i am so proud to be associated with morgan state university. it is one of the proudest things i do sitting on the board. give yourselves a hand. we have been great. my distinguished colleagues, of this great university, i thank you for inviting me here today. my thanks to you

morgan stanley'seo who doesn't expect a full-blown trade war between the u.s. and china despite the anxiety it is causing and markets. he spoke to bloomberg in an exclusive interview in beijing. gdp isof the world's tied up in these two countries. woulde a major trade war be very bad for both countries. everybody understands that, i think. i hope that they do. certainly u.s. ceos that i spoke to understand that. what we have got is a resetting of this relationship. that makes sense after 30 years of incredible economic growth in china. there are certain things on the trade side that need to be addressed. do i think that this is going to devolve into a full trade war? i don't. there's too much self-interest in keeping this thing on the rails. some people have said to me, if it doesn't happen by the g20, -- i'm not sure about the exact timing of when we need some sign of resolution. the negotiators need to come to the table and figure this out. not everything, that would take decades to get done. we nee

morgan chase in reporting a downturn.y ceo michael corbett says the trade war, brexit, and iran tensions have played into it. jamie dimon said trading was down up to 5% this quarter. isry: united overseas bank betting southeastern asia will be escalated from the trade war between the u.s. and china. it ceo told bloomberg that will become a safe haven where he will be planning to use digital technology and artificial intelligence to expand in the region rather than that. frompproach tdiffers rivals which took over hong kong lenders as a gateway to china. coming up next, special counsel robert mueller breaks his two year valve silence. we are still looking forward to the opens in japan and south korea. we have seen the japanese yen strengthen over safe haven demand. we are seeing the japanese yen -- just below 110. we will have more coming up. this is bloomberg. ♪ outlinedboeing has plans to ease the 737 max back into service. the is when they lift grounding of the best-selling jet. the ceo says it will take around three mo

arm of morgan stanley.n the subject of ipo's, this has been a controversial one, selling up in the last couple days, uber. conceptually from an investor's perspective, separately from how you evaluate the investment banks, how would you look at it as an investor? the ipo of uber, our equities analyst said he's not so much concerned with the listing itself, but the fact lyft, the competitor, was having three times increase traffic relative to uber, sew a metric was wrong from the go in terms of the two shares of lyft, uber. toy often, the banks try maximize the client's outcome with some fallout risk in that, but overall the timing was also unfortunate in the middle of an escalation in the trade war. anna: matt? i wonder what you think about a ceo writing to employees warning there are tough times ahead of the stock after praising the ipo at the low and of the range? it seems like maybe he knew that the valuation was to rich? steen: i don't think anyone, to be fair, knows what the proper evaluation is, and t

morgan was arrested in march charged with felony embezzlement and grand theft. since then the league lapsed on payments to a storage facility and last 60 years of equipment. the league is also now down from 17 to 14 teams from last year in a member of this community and being part of this league for the past 10 years. i want them to have a place and. hopefully they can continue to play. perez says morgan has posted bail she's due in court in august for a pretrial hearing. in union city fleet of all kron 4 news. happening today, actress felicity huffman is expected to enter a guilty plea in boston for her role in the college admissions scandal. >>so last month to agree to plead guilty to one charge of conspiracy to commit fraud. often is admitting that she paid $15,000 to a fake charity associated with the man who help wealthy parents get their children into top schools, 33 parents now facing accusations that they bribed college administrators and also cheated on standardized tests for their children. often was among 13 of them who agreed last month to plead guil

morgan chase and southwest airlines.inubled the end of the first quarter, holding $1.5 billion in stock to the point behind with the filings show us how they did in the first quarter so that things could change since then. we saw a bit of change in the chinese stocks, purchased by viking and sold by tiger global, alibaba, a mixed bag there. purchased by appaloosa. what kind of broader trends have we been able to determine as well? which asset classes broadly are being bought and sold? us equityings show positions for the most part. maverick and viking, they all sold their stake in that company. that's pressure on the back of 737 at. , one .5at hiking billion dollars for general electric. unfortunately the stock has rallied and it may not have turned out to well. a trend like technology, for example, they were fairly popular. amazon less so. facebook, that was a popular one. spotify almost entirely reducing stock. ok, some of the stocks that we like to keep an eye on for various reasons, tesla, pg&e for example, now we ha

morgan has come up with its own crypto currency the j p m coin now earlier i. philip zentner of the blocks and center of the frankfurt school of finance and management what he thought was behind this surge cryptocurrency yeah thanks for having me well from my perspective it shows that the technology is really pretty and there has been some ups and down you know as always in capital markets and now the technology is basically show off its real value and it's also the needs to in my personal opinion the new up rise with regards to especially because in part also author currencies what is the real value of a crypto currency to talking about. the out so you need to imagine it as a base layoff or trust such that all kinds of organizations and individuals can actions upon it it can potentially be some kind of store of value once the volatility fades away and therefore i personally think that not just the technology's pretty and her partner will also be some quite huge importance in the future do you think there could be a currencies have gained more obligate lost by

morgan has come up with its own crypto currency the j b m. for more on all things crypto let's bring in phil of zen now he's the head of the block chain center at the frankfurt school of finance and management good to have you on the program philip what's behind this latest surge in cryptocurrency prices. yeah thanks for having me but from my perspective it shows that the technology is really pretty and there has been some ups and down you know as always in capital markets and now the technology of basically shows its real value and it's also there needs to in by person looking at the new up rise with regards to especially because in part also are critical currencies what is the real value of a crypto currency to talking about. the out so you need to imagine it as a base layoff of trust such that all kinds of organizations and individuals can actions upon it it can potentially be some kind of thorolf well you want volatility fades away and therefore i personally think that not just the technology is pretty and but there would also be some qui

well for to you as joining us here at morgan state university for a brief conversation about the future of our graduates and the future of our country. i am also pleased to be joined andy wife, dr. meyer coming many of my family members today. agree there is something inspiring and life affirming about standing here among women and men. who have completed one difficult journey in our lives and are about to embark upon another. ladies and gentlemen, they started something and they finished it. give yourselves a hand. [applause] lifecummings: we know that is most at a crossroads where two divers echo systems meet. graduation days are also a crossroads. with those we acknowledge, and honor are also challenged. . both by your recognition and by the life forces. but they are now called upon to make. i would add that this year specially, our graduates will be embarking on lives of accomplishment. time, our nation is also at a crossroads. presidentds of former barack obama, we americans must decide what kind of nation we want to be. and then we must go about the business of shaping our destiny

morgan, what are you r seeing? orter: frances, good morning. we are in jefferson city, missouri, right now, drying through one of the strands of that storm that hit just before midnight today we do kn r theorts are confirmed of a violent tornae that mads way through the capital city of missouri at around that time we have checked in with the local sheriff's partment, and we heard from lieutenant david williams, who said that at this point in time ere are rescue efforts under waply in multie buildings in jefferson city. theye working hard to i.d. the gy injured people and they're calling all hands on deck. we know firefighters have called all crews in hospitals ha also called in all crews to address the injured as they come in. right now 're still waiting to see more damage from the city, but at this point in time, from the earlury pi that we've received, it does look to be rather extensive we do know that they are again describing this as a violent tornado with serious damagroe thughout the city. at this point in time there has not been any con

morgan hill wants you to pay a little more attention, and this is step one. the now-under construction grenada hotel. >> really will be an anchor for downtown. >> reporter: 60 rooms, a spa and steakhouse. part of a plan to bring more tourists to the south bay town. >> our downtown has really become a destination for people in morgan hill, also coming from the south, gilroy, hollister and even from the north. >> i welcome it. >> reporter: inside gba cafe, a coffee shop and restaurant, the downtown plans are met with optimism. >> i think it's an inevitable growth. it was boundeen discovered. th>>'ll miss the small-town feel. >> traffic is not good, especially if you go north in the morning and south in the afternoon. that's a tough one for us. and it's really changed our world completely. >> reporter: and it could change more in the near future. city leaders tell us there is likely even more building ahead. the grenada hotel set to open sometime in early 2021. >>> still to come, a 12 y old, cuffed, held onthe ground while a spit mask was put over his head. but

when we come back, tesla hanging on to 200 this morning after the morgan stanley note. we'll talk more about the challenges facing the automaker. but first, delivery drones are here we'll get a live report and a test from the biggest little city in the world in a moment. what will we do now that servicenow put our workflows in the cloud? how about our jobs? [ mimics explosion ] [ mimics explosion ] our jobs. [ mimics explosion ] servicenow. works for you. the flexible class schedules d me tremendously. allowed me to go to work full time, run my catering business and be a mom and parent. when i reached this accomplishment, it was like, it's here, it's happening, it's now. we at southern new hampshire university are the ones who succeed. we are the ones who break through. >>> leave the regulation to the faa qu4e7b it co achla when it s drones are allowed to do in the sky, nasa steps in and jane wells is live in reno, nevada with a live test and more on why delivery drones are already here >> reporter: they are doing something that has never been done before, flying separa

and i am so proud to be associated with morgan state university. it is one of the proudest things i do, sitting on this board. you have yourself a hand, please. we have done great. [applause] , theo, to the doctor chairman, and my distinguished colleagues on the board of regents of this great university, i thank you for inviting me here today. well, thanks to you as ladies and gentlemen, for joining us here at morgan state university for a brief ofversation about the future our graduates and the future of our country. i am also very pleased to be and many of myfe family members who are here today. my friends, i think that you will agree that there is something inspiring and life affirming about standing here who haveen and men completed one difficult journey in their lives and are about to embark upon another. gentlemen, they started something and they finished it. go ahead, give yourselves a hand. [applause] know from our study of ecology that life -- the diverseds where two echo systems meet. cross roads with whom we acknowledge our also challeng

constellation brands was downgraded to equal weightrom overweight at morgan stanley.he analyst cites the potential slowdown i demandor beer this summer as well as the stock's valuation. therice target is $220, the shares fell 3.5% to $198.68. >>> still ahead, tech stocks have been caught up in the trade war, but that's not stopping our market monitor from finding some buys in th♪ sector. ♪ ♪ >> one story caught our attention, it ds wherith the unintended consequences of the tax law and ylan mui has it. >> and it's lf in this one. that was our last company. >> it's been four years since t daniel lieutenant, he suffered a massive heart attack while deployed on the the mediterranean sea leaving her to raise her three young sons on her own. >> i saw her get taller and you realize at right? they lived comfortably in the northern virginia suburbs and they don't have a big financial buffer so wade was shocked when she filed taxes this year and got hit with a bill from uncle sam. >> if i can haveba my h back i would totally have them back the night before, but i feel upset be

but first morgan has been made aware of the telestrator and is watching deere today morgan >> we will bring that check to you in just a moment but shares are lower they're down about 5% today. earnings missed again. fifth straight quarter for deere. but worse, deere cutting its full-year outlook for profit but also for sales, which are now forecast to rise 5% instead of 7% two main culprits expected to weigh further on farm income and thus demand for deere equipment. those would be trade war with china, which is depressing stock prices, and then also terrible weather in the midwest so both of those playing a role. ceo samuel allen summed it up in a statement today. said, "ongoing concerns about export market access, near-term demand for commodities such as soybeans, and delayed planting season much of north america are causing farmers to become much more cautious about making major purchases. so wilf, here's the thing. deere is not betting on a resolution to the trade war, and they are preparing accordingly >> does that preparation include then exactly >> that includes a 20% cut to pr

alix: the ceo of morgan stanley says that is priced in. the 10 year yield's next move. aberdeen selling treasuries while pimco says to buy treasuries and play defense. and it is europe versus the u.s. euks go nowhere as the fights multiple fires. welcome to "bloomberg daybreak" on this thursday, may 30. i'm alix steel alongside barry hold -- -- barry rent alongside barry rid holtz -- barry ritholtz of bloomberg opinion. markets, here's what's happening. we are taking a break. it's been a really rough break. s&p futures up by about seven points. the 200 day moving average, will we hold that level? that is the question of the day. euro-dollar flat as well. we had a seven year auction that it seemed like nobody wanted to buy. therefore, you were able to get an equity bid. crude a little stronger. time now for bloomberg first take. we are joined by romaine bostick miss -- of "would you "what'd you miss?" >> the magnitude is not so big. i don't think we are looking at a collapse. i think we are just looking at taking some of the excitement out of the market that has been bui

nbc's morgan radford is following a wild story for us. >> this was a shocker. as you know, the kentucky derby is the most prestigious event in horse raisng. thas never happened before in its 145 year history. the run for the roses quicklyg findintself in a very thorny situation. >>here off in the kentucky derby. >> reporter: it was a clean start out of the gate. >> here comes code of honor. bursts to an opening on the inside of maximum security. >> reporter: then things get tight on thetu final . the leader, maximum security, racing ahead of the tightly bunched pack. maximum security crosses ahead by a length and a half. >> maximum security wins the ountry houseby and second followed by code of honor third. >> but there will be no bouquet of roses for maximum security. an objection was filed and for 15 tense minutes thetewards reviewed the video and stunningly reversed the results. >> the first time in the history of t kentucky derby the horse that crossed the line first has been disqualified. >> you are not allowed to change lanes unless you're clear of anothe

morgan advisor can help you.local chase branch. >>> spring strong spring rain and weather conditions are more of a mess in the midwest. tornadoes have touched down in kansas, tearing through fields, destroying buildings and overturning semi trucks. the high winds have been kicking up a lot of debris. twisters have left behind piles of destruction this morning residents spent the day sifting through damage as rescue crews went from one property to the next. >> the gentleman that lives in the house, he was out walking around and she was standing up through window that collapsed on her bed. >> a lucky woman there. the severe weather is expected to continue next week. another strong salt form system storm system is targeting the midwest. meteorologist a life- threatening flooding is going to be a major concern in the next few days. >>> back here at home, the storm system bringing us rain is also dropping snow on the sierra. several inches fell around lake tahoe over the past few days and there is more to come this we

morgan chase is leading the potential financing.worked and rose to become one startups topowerful include softbank. in includes the year's biggest offering since uber. let's have a look at air asia. talking to potential partners to build a need conference -- e-commerce it says what take the size of its airline business. their budget earning 200 for 20 -- two hundred $4 million a year. expected to make $20 million more -- 20 times more as it offers lifestyle goods and services. the ceo saying the reason e-commerce market will triple by 2025. we have air asia group at the moment trading in malaysia. about a 15% gain after it announced a special dividend to be increased. now to what's going on what we have here. we head towards our close for a lunch break in japan. some of those companies making headlines. momentholdings at the off my half of 1%. moving to the downside. we do have this company being told to bolster internal controls by japan's finance regulator. employees have been sharing sensitive stock market information with client

grace peters, executive director of european equities strategist, jp morgan.e having their financial stability review. i will go watch that, then i will be interviewing the vice president of the european central bank. you can catch that interview today in london. anna: up next, i will be euwing, weo ralph h will talk brake systems. this is bloomberg. ♪ anna: 30 minutes in, here are your headlines. yields for all from the u.s. to new zealand. and inversion in the three-month 10 year yield curve hits its deepest in 10 years. rare weaponry, china avoids being labeled a currency beijing saysut they could cut off u.s. access to rare resources. nissan's ceo says there may be opportunities in fiat's merger proposal. renault could give approval as early as next week. good morning, everybody. i am anna edwards bloomberg's european headquarters. matt miller has headed off to the ecb for the stability were hurt. -- report. let's look at how we have shaped up. this is the stoxx 600, only 61 stocks moving higher. indexesthese overall are down more than 1%, half an hour int

let's bring in the morgan who's been listening into this news conference they've been quite positive there about the army trying to be as stating it's a part of the of the revelations as more words in favor of what's in it achieved so far in sudan as for the question is how they get to the next stage. well yes indeed laura and that is the question what comes next after the military council agreeing on the structure of the tentatively agreed on the structure of the transitional government we've just heard from the military spokesman saying that he's very optimistic and that the proposal that was presented by the opposition coalition is a good structure and it's a good effort but then the question really lauren is how much representation that has been the point of contention between the two sides the opposition coalition has over own ways been saying that they want a civilian representation a civilian not not a representation sorry a civilian government with military representation and that they're not going to accept the military leading the transitional period that another issue that

morgan stanley or so charming is it any wonder everyone hates you and thereby going to get out of your matrix of fraud accounting malfeasance and criminal behavior stacey yes that's an article on 0 had this really fascinating to what he they were actually reporting from c m b c what they were talking about this naked short in order to cover their losses but this also fits with this headline just out on market watch there is a truth decay they call it in american journalism study says the media has become more biased over the last 30 years in fact and this is a rand corporation study and what they did is they studied hours and hours and hours of news footage over the past 2030 years and what they found was that indeed it has become more subjective and emotional and they mention in fact that our research provides quantitative evidence for what we all can see in the media landscape that there. there is a truth to k. that the declining role of facts and analysis in civil discourse and its effect on american life journalism in the us has become more subjective and consists less of the detai

morgan chesky, nbc news. >>> coming up, what you should never do if you get one of these robocalls. of psoriatic arthritis. but you're still moved by moments like this. don't let psoriatic arthritis take them away. taltz reduces joint pain and stiffness and helps stop the progression of joint damage. for people with moderate to severe psoriasis, 90% saw significant improvement. taltz even gives you a chance at completely clear skin. don't use if you're allergic to taltz. before starting, you should be checked for tuberculosis. taltz may increase risk of infections and lower your ability to fight them. tell your doctor if you have an infection, symptoms, or received a vaccine or plan to. inflammatory bowel disease can happen with taltz, including worsening of symptoms. serious allergic reactions can occur. for all the things that move you. ask your doctor about taltz. my gums are irritated. i don't have to worry about that, do i? harmful bacteria lurk just below the gum line. crest gum detoxify, voted product of the year. it works below the gum line to neutralize harmful plaque bacte

so the riders will be coming in to morgan hill tired. and they will be coming in to a sprint at the finish line with very sharp turns. and they're going to be racing to the finish line. >> check this out. you can expect these stretches of monterey, cochran, butterfield boulevard, main avenue, and condit to be closed for about an hour between 2:45 and 3:45 or so this afternoon as the cyclists make their way through. to accommodate the road closures, morgan hill unified changed their bell schedule. so the kids are getting out early today, tuesday, instead of wednesday, which is normal. they can get in on the action or avoid some of the tieups. the lifestyle festival begins at noon here at the morgan hill outdoor "sportscenter". lots of activities from noon until 4:30 after the race is over. if you have never seen the finish of one of these stages, it is pretty exciting. you can find all the information, the information, the maps, some of the setup happening on my twitter feed. i'm krisnbc. >>> planned closures because of amgen. this was no

morgan stanley led the deal. what are they saying?licly, and what are people saying behind closed doors? sonali: publicly, they are saying nothing. but behind the scenes, our sources are telling us that uber hasn't blamed morgan stanley for anything. we have a number of investors who are upset because they felt the price should have been lower. maybe the bankers overhyped the company. last year morgan stanley wanted $120 billion valuation. obviously that was rosy. there's a lot of pressure to please the company to win the deal and keep the value up. behind the scenes, people are blaming the market, and that is certainly true, and this is why the long-term is going to matter. this past week has been bad. morgan stanley's own clients, who bought in in 2016, are almost $10 in the red. obviously this week is bad, but morgan stanley has said this could be a stock that could be one of the next things. the next facebook. jason: like you said, who were uber the company is happy being priced at four dollars per share, but what does this mean f

mark morgan is his pick to lead i.c.e. seine i'm pleased to inform all those that will leave in a immigration policy that mark morgan will join the trump administration to be a head of our hard-working men and women of i.c.e. he will do a great job. this week and the president is touting the strength of the us economy after strong jobs report friday. that is something 2020 democrats are having to respond to including cory booker are going about it by arguing president trump shouldn't be taking credit for the economic success. >> i love trump is taking credit for the recovery that started under obama. the substance of the a comic, who will it work for? we have a tax plan working on giving the wealthiest more of a break. with make sure it's a shared recovery because now it is not? reporter: clearly the economy will be a key issue in the 2020 election, something president trump has made a focal point of his administration and as for his nominee to lead i.c.e. it will require senate confirmation. no details on when they may ta

morgan global china summit. we will be right back.watching bloomberg. ♪ ♪ yvonne: let's get the latest business flash headlines. petrobras owing more money has it starts poking future leasing costs for aircraft and other assets of liabilities. billion, 3.2e $27 2.4 ifarnings, up from the accounting rules have not changed. --h a boss says don't petrobras says don't panic as they also earned a rising to the move. rishaad: uber has enough investment demand to price at the top end of the range, although it is still likely to target a midrange price to ensure strong trading. lyft is projecting second-quarter revenue that beat estimates. than $1 billion of losses in the first quarter. ferreri delivered arise , a 14%t quarter profit jump in adjusted earnings. deliveries are strong with shipments rising almost 80%. shares rose the most in three months and are up a third since the start of the year. let's look at her markets. focusing on new zealand assets after the rbnz delivered that rate cut. theney we did tumble, but he raced half of its l

i'm really excited to be part of the morgan stanley team. i'm justin rose. we are morgan stanley. here'sshow me making it. like. oh! i got one. the best of amy poehler. amy, maybe we could use the voice remote to search for something that you're not in. show me parks and rec. from netflix to prime video to live tv, xfinity lets you find your favorites with the emmy award-winning x1 voice remote. show me the best of amy poehler, again. this time around... now that's simple, easy, awesome. experience the entertainment you love on x1. access netflix, prime video, youtube and more, all with the sound of your voice. click, call or visit a store today. >>> welcome back to "fast money. we have earnings alert on nordstrom. courtney reagan in the newsroom and these earnings from the conference call do not look good nordstrom put up a disappointing quarter and they lowered their full-year sales, and the co-president said that some of the soft trends that they saw the prior quarter were going to continue, things actually got worse. >> we know we disappointed our customers and we own it. we'v