london, new york, shanghai, multiple other cities as well. what was the reason you went abroad?fferent ina abroad? i think every city is very different in a way. for example, going to china, you would think going to china, you would think going to china would be easier than london or new york. but there was such a stigma in china. product registration is extremely difficult. just to get the products registered before you could even have your products, you know, used in your salon, retail, it was difficult. labour laws. it was very difficult. and then the compliance, you know, in terms of taxation, filing off accounting, licensing of beauty treatments. there were many things that were very difficult. i think that were very difficult. i think that in every city you want to go into, it takes almost three years to learn something. that is about right. someone said if you have to be good at something, you need to invest about 1000 hours. it is never easy. we have just come from your spa to one of your restaurants just down the road which is quite an unusual concept. this is a big gar

new aircraft. turk, us now, greg shanghai bureau chief. what kind of a statement of intercept is this?t saw a piece of aviation history. i'm here at the international airport. they just completed the first test flight. this is the first concrete step in a very ambitious plan by china to build a passenger jet that can rival something like airbus ng 737 or the a-30320. this is the narrow body passenger jet market is the biggest market in the world and or china, it could be a very lucrative market considering their surge in tourism and their need for planes. boeing has estimated china is going to need 6800 planes by 2025. 75% of them are going to be in this segment, this narrow body passenger jet segment. guy: greg, up-thank you very much 3678 greg turk, bloomberg news shanghai bureau chief joining us after watching that maiden flight of the aircraft. still with us, steve. steve, this is an interesting example of china throwing a lot of money at something. wanting to get into a space that s high valued. this is a value-added business. there are a lot of challenges that this is a industry

he credited the disney parks for driving the earnings surprise, announcings their new shanghai park has 10 million visitors ahead of schedule. there are reports that eiger is considering a presidential run when his contract expires in 2019. i asked if he is interested. >> i had one of the greatest jobs in the world i believe for the last 12 years. i got a few years left. we just talked about that. i got a lot to do here still. i want to make sure this company is set up for the future and i'm not spending much time thinking about what i'm going to do next. >> eiger also weighed in on the ideas of offering premium home entertainment debuts for movies close to theaters. it's not a priority, because disney movies are meant for the big screen. over to you. >> i'm curious, i asked you about cbs. did bob eiger say 762,000 subscribers were lost to the cable and satellite industries in the first quarter? >> reporter: well, i asked him about that specifically. because he was talking a lot about the growth of these digital bundles, the new packages, over the top streaming service, even when you ac

the group now has outlets in london, shanghai and new york.er over a manicure and a chat. thank you very much for inviting us into your spa. we're going to get a manicure while we do this interview. so, tell us a little bit about how you got into this business. so, i had a really short spell in banking. i felt that i didn't like the nine to five job. it was really short. i didn't like that. there were several options i was exploring, it could be childcare, it could be wellness, it could be day spa, so i contacted it and felt it was ok it was something that i would like to pursue and that's how everything got started. so when you first started tell awes bit about some of the challenges you faced. so some of the challenges were like customer issues, business and corporation, there was so many areas and aspects to starting a business, notjust mixing oils, holistic therapy. it was nice to have a combination of different people and when i got into the business i was perhaps 23 or 25 so it was nice to have partners that were like in their 30s, who h

level which threaten the viability of low-lying island nation, and as well as cities like new york and shanghai and new orleans, and disease increases with more warming, and heat waves are deadlier, and the droughts are more intense, and climate migrations that are happening in certain parts of the world, and the stakes cannot be overstated here, and the paris agreement does not everything, but it sets a north star goal of limiting it to 2 degrees selcelsius, which is th especially danger zone. a and so it is critically important, and if the administration pulls out, it is the second biggest polluter on earth saying that we don't want to be a part of the global pact which is a promise to globe and the future that we will do something about this massive existential problem. >> and let me turn to you, because this is your former home turf in epa and you speak this language, governor. and so how do you see it as john cease it if the u.s. decides to pullt of the agreement? >> well, the good news for the climate is that the ship has left port. we have a number of our big companies that are, have mad

nicole: let's get too caught up in the global market after new scene overnight. shanghai composite index down one quarter 1%. lauren: the index is at a record high this morning. the cac at its highest since january 2008. in funding you can see gains for the ftse 100 company u.k. services measured in april and beat expectations. nicole: dow futures this morning at 54. s.b. features up 68 nasdaq up 15. seems like they are still on track and tons of earnings to watch as well. lauren: called it a week day yesterday. down $13. they saw its biggest fall since 2015. they are still down 47.51 the decline of of two thirds of 1%. nicole: investors cannot jobs report. no sign of slowing down. facebook are part of per square profits surged 76% to more than $3 billion. revenue growth for demand% topping 8 billion boosted by mobile video. now dominate the online advertising market. it was the eighth straight quarter that facebook beat estimates for revenue. strong numbers came despite ad performance and the spread of violence and graphic content. basic shares fell to 2.5% trading over

the flight was headed to new york from shanghai. >> and popup bar in d.c.tirring up controversy with a drink. it's called the pill cosby cocktail and it garnishes empty capsules. founder of popup bar say the tequila based is made to bring awareness to drugging in bars. >> sweden has listed its entire country side on air bnb as a place anyone can hike, camp orpik beforeyes for free. there's a rule called any man's right meaning anyone can come and freely rome currenty side and experience outdoors both on public and private lands. country boosts tens of thousands of miles of forest and lakes among other outdoor amenities. >>> so hold up if i fly over there i can just start roaming nobody will stop me. >> free range. >> pop a squat anywhere you twoont. >> i have not heard that expression in a while. pop a squat. >> that's what i'm here for. >> thanks wisdom. >> coming up on "fox 5 news morning" the pseudo currency of the internet is gaining value and credibility. >> amazon looking to hir employees. >> pop a squat and hang with us a bit headed for break now. li

the tech giant unveiled a new laptop tablet in shanghai.ins us from san francisco with more. greatew service pro is a product by all accounts. cory: they want it always is. this is been an interesting success for microsoft. when it first launched, it was a real disaster. they pushed it aggressively. we found that many of the services were removed. when they talk about products wereinventory, they wil not sold to consumers. over time this has become successful through a giant marketing effort by microsoft. --is a $2 million a year billion dollars a year product. vonnie: microsoft, when you think about primarily of software company, how important is hardware to microsoft? how: i think this shows you hard their job is. they are threading the needle with historic efforts, including massive failures, as well as trying to turn the business to areas with your success and greater margins. hardware margins will never be the same as software margins. took an $8 billion right off from that acquisition. that is a massive screwup by microsoft. they are

new jersey. nicole: the shanghai composite in china up three quarters of 1%. korea's kospi pulls back half a percent. lauren: the dax in germany up 12 points today, the cac if paris down 2, the ftse in london up 2 as well as. nicole: the nasdaq squeezing out a gain and dow lower this week. dow futures down 38, s&p futures down 6. lauren: oil and gold this morning, oil down 11 cents, 47.42 a barrel. nicole: mcdonalds is helping franchises to upgrade. the wall street journal report that is the company is offering to pay 55% to have costs for changes that can rub as high as $70,000 for each location, mcdonalds usually expects the franchisees to pick upmost of the tab when it imposes upgrades on the restaurants but the company is trying to win back the core customers lost to rivals. shares of miquid's up. lauren: chinese micro blogging side suggesting that facebook come to china to learn how to block content. here is the issue. facebook is banned in china and china also bans content that includes politically unacceptable topics. china does that by using filtering

new brussels office and outlook for british and continental business. another big exclusive interview, we are joined by the ceo of vanguard in shanghai. making a special on -- announcement about the company's new venture. is 40 minutes away. this is bloomberg. ♪ welcome back. the european open 12 minutes ago until stocks start trading across the continent and in the u.k.. let's get the bloomberg business flash with juliette saly. deutsche bank may be close to settling a u.s. federal reserve inquiry into how billions of dollars moved through the bank and out of russia. according to people familiar with the situation, the settlement is being finalized and could be announced in coming weeks. the bank is still waiting for u.s. prosecutors to resolve a potentially more consequential investigation. and -- carsonalls block's said he will bet against listings saying up back in credit will send shockwaves to the mainland economy. he told bloomberg he expects china's credit problems to reach the breaking point. >> it has been so much value destroyed that my firm belief is point, yourt some past sins catch up with you. you just do not know when t

(darya) a disruptive passenger causes problems on a flight from shanghai to new jersey... resulting in an unscheduled stop at s-f-o. this is video one of the passengers posted on social media. you can see the man who is wearing a "make america great again" hat yelling at passengers. they say he was insisting that he was entitled to several seats next to him because he could not get an upgrade. the plane stopped in san francisco and police persuaded the man to get off the flight without incident. passengers chanted "lock him up" as the man was escorted away. the flight eventually took off again for new jersey... but it was 8 hours late. (mark) still ahead on the kron four morning news... a music festival that ended in a fiasco continues to face several lawsuits this morning. we'll tell you about the latest problems for organizers of the "fyre festival". and after the break... a warning in southern california as dozens of great white sharks are spotted off the coast. a hot spot and overturn acident in livermore wb 580 before 84 blocking the one lane. bay bridge wb 80 is less

in china, the shanghai composite index down after 1%. lauren: new cyberattack under way has direct effect at 150,000 computers worldwide. will tell you how you can protect yourself. nicole: retail earnings in focus today. today we are the largest brick-and-mortar retailer wal-mart. lauren: in sports and the cleveland cavaliers overwhelm the boston celtics in game one in the ottawa senators looked at pittsburgh penguins to take a lead in the stanley cup playoffs. treated 25:01 a.m. in new york. what about david thursday, may 18th "fbn:am." lauren: a major development in the rushed investigation. deputy attorney general bob rosenstein announcing robert mueller has been appointed a special counsel to oversee a federal investigation into russian efforts to influence the 2015 election and allegations of collusion between the trunk campaign and the russians. senator james langford on special report that mueller's appointment would help expedite the fbi investigation. >> the good folks at the fbi, career folks have been leading this investigation. a lot of

new surface pro to give the aging product line a spark. will the device boost the tech giant's sales? this is bloomberg. ♪ emily: microsoft is refreshing its surface pro. at an event in shanghailed the new laptop hybrid. microsoft also announced a special version of windows 10 that lets the chinese government use its own encryption on its computers. bloomberg's seattle bureau chief joins us from seattle with more. longtime microsoft reporter, congratulations on the bureau gaig./id. -- how is it doing? reporter: they had a decline in revenue. the surface pro is the workhorse of their line. the version that was out in the market had been getting pretty old. people were buying other windows to his lines, or buying the ipad. they needed a refresh. that's what we got out of the shanghai event. emily: how important is hardware still to microsoft? it was a $4 billion business for the last fiscal year. it has been quite a focus in just in to revenue, terms of coming up with new categories where they can show what windows can do. anyone --ory, this to two in one laptop tablet hybrid, they pioneered it, but apple stepped up. this new version of the battery life by about 15%, has a new

shanghai. speculation is growing that it's a new tablet. >>> here's one way to avoid reaching for the phone while driving. put it in a phone prison. well, it's an idea from nissan. they came up with a special box, fits in the armrest, and once you've put the phone inside, it is a shield to block electric feels so the box prevents incoming and outgoing signals like blue tooth and wifi connections. it could be put in cars soon. >> interesting idea, all right. >>> the heat, but a memory for us, and a cooler weekend is on tap. i want to bring you a live look right now in the exploratory camera, pier 15, yeah, blue >>> it's cooler and how blue that sky is this morning. temperatures outside, running on the cool side. look at this, 50s, 60s, and some temperatures are cooler than the lows were. beautiful picture from the tower there. i wanted to show you this, flight and arrive delays. partly cloudy, breezy, cooler, week. gusts could reach 46 miles per hour. bumpy getting in and out. the fastest gusts now are 31 at sfo, and 25-35 miles per hour this afternoon and overnight. gorgeous. 57-65. below average

shery: not a lot happening given shanghai close, new york, london , no real major data out today eitherpening across markets, there was some reaction to that initial news that north korea fired another ballistic missile come up with the markets seem to shrug that off. we do have the south korean kospi at the highest level on .4%, great gains for the south korean market. , crude coming5% down from that slight rebound on friday, down .3%, holding steady at $49 a barrel. disappointment after the opec decision, a slight pickup, but not sustaining gains in asian trading. .2%south korean won gaining . ae commodities market, not lot of movement other than wti. did in the morning session slightly positive, the yen first saw a strengthening after the north korean news, but right now holding steady and holding on to gains. so couldeard that ms. have fallen into japan's exclusive economic zone. -- that missile could have fallen into japan's exclusive economic zone. the offshore renminbi up as well. as i said, the chinese offshore yuan gaining ground again. the last session saw gains of .2%. we are

news of the signing of the fbi are. nicole: in japan through minicamp one quarter 1%. a look at the shanghai composite index down nearly 1%. lauren: complete live coverage out of washington today. nicole: almost 5:01 a.m. in new york. wednesday, may 10th. we welcome you to "fbn:am," your first look at morning markets and breaking news. lauren: president trump firing fbi or james comey after officials claim comey's handling of data e-mail case last year rendered him unfit for the position. >> although there is evidence of potential violations of the statutes regarding the handling of classified information, our judgment is that no reasonable prosecutor would ring such a case. we are expressing to justice rv that no charges are appropriate in this case. lauren: white house press secretary sean spicer tonight. >> the deputy attorney general made a determination the fbi director of boston's confidence. made a recommendation to the attorney general. the attorney general concurred with that and the president agreed with their conclusions and terminated the attorney general, fbi or position as the

shanghai and hong kong, a crucial open, surprise news out of moody's. reaction when it comes to equity markets. we are seeing the hang seng index lose ground and some downward pressure. reaction to the downgrade when it came to the offshore yuan, which fell. the hang seng down .2%. it is being dragged down by real estate stocks. this is interesting because we securities journal saying they could see tighter regulations for real estate finance when it comes to trust the businesses this year, so what we are seeing in this about .25% fall of when it comes to property developers and so forth. shanghaiomes to the composite, we are seeing further declines, now at the lowest level since october, but this has been a down trend for the chinese markets and a lot to do with deleveraging efforts in and so on,ncial risk and now moody's downgrading from aa3.1 it's not surprising given all the issues we happen shanghai. we heard the msci ceo fernandes saying in an interview this morning with bloomberg that there are lots of things to resolve before some of those innla

shanghai. gain of 1. they are futures contact, pointing to the two and strong trading day. and nework, we have the markets there, the dow and the s&p moving high. record terrain. what are we watching? time ind they had a bad new york after the chinaes pulled it. and the biggest gambling hub. customer ing more identification including facial recognition technology and that's what we have in macau. and it is little reaction as to what happened in new york. >> that recovery is still intact. a power name in shanghai. and parent companies have this story. state driven plan to crite three power giants. combined with assets of almost $855 billion. is according to people with matter. and there are many options. overcapacity and overhaul. coming up, we will hear from the chairman. u.b. s. and china is one of the biggest threats to global markets. ♪. ways wins. especially in my business. with slow internet from the phone company, you can't keep up. you're stuck, watching spinning wheels and progress bars until someone else scoops your story. switch to comcast business. with high-speed intern

new rules. this is the shanghai composite index versus the all caps world index.measured, chinese stocks has lost as much is 5.8% over the last month. global stocks have gained as much as 3%. the last leg down over there. what that means is, this dirgence between shanghai stos and global stocks is now the widest since the late 2014. they have not trailed global stocks by this much since late 2014. it seems like it is a collective shrug of the shoulders when it comes to global market reaction because everyone is like -- ok, no big deal. now.: dot dot dot, for i am also showing you what is going on as far as the asia and the shanghai composite is concerned. but what about hong kong? i'm really excited about this because this is what we were talking about monday and tuesday this week. the possibility investors will say that we are concerned about what is going on the didn't -- in the domestic stock. at is what i am showing you here. -- itt purchases by the was $450 million on wednesday. and we have that green circle. that is the most since february 22. the leverage c

news in just a moment. first, some pictures coming from china. shanghai'sal airport, this is the first inght of the c919, a new era the aviation business potentially, as china tries to muscle in on the business that has been airbus and boeing until now. manus: boeing predicts china is going to need 6800 aircraft, the ticket value $1 trillion, by 2025. you get about 158 to 174 seats. anna: a lot of global western suppliers supplying parts for this plane. live pictures of the first flight of the c919. that is the breaking news this morning. on the aviation space, we've got international airlines group giving us their profit after tax of $27 million for the first quarter. profit,ted operating $170 million, above the estimate of $163 million. the operating profit of $151 million, that is a non-adjusted basis. also giving us guidance, expected to generate improved operating profit in 2017. earnings surged last year as the brexit vote had less impact than the company anticipated. they saw this trend continue with yields improving, asian tourists coming back to eu

shot 430 miles before landing on the sea near russia and it comes as dais after shanghai composite south korea elected a newwilling to come to the negotiating table with the united states. embassador nikki haley. >> if his conditions are right, we will seek with the trump administration. >> having a missile test is not a way to sit down with the president because he's not absolutely not going to do it. until he meets our condition, we are not sitting down with him. >> what can those conditions be, bob well joins us. captain, good to see you. can there be any conditions for a member of the administration sit-down with the north korean diplomat? >> i think nikki haley speaks clearly. i think there's two signals, defiance from the north koreans as well as the determination by the united states. the conditions will be set by diplomacy. i think we have quite a ways to go. eric: what would you like to see, what do they have to do before we can start any talks if that's possible at all? >> i think stability in the korean peninsula is a goal. i think a diplomacy that's been established with the president's diplomac

news coming up at 5:30. >>> drama in flight. a united airlines passenger forces this shanghai to newark flight to san francisco. man was frustrated he couldn't get the seat upgrade he says he was entitled to. the passenger was wearing a "make america great again" hat. frustrated customers could be heard chanting "lock him up." there's another one. on the asiana airlines flight, a san francisco man is asked to move from his seat because of a prosthetic foot. he paid extra money for the extra leg room in the exit row. from the video, you can see he wanted seward to prove he was able to sit in that seat. >> i can't approve it. >> oh, my god. >> you have to move -- >> wow. >> seward writes he has never experienced such blatant prejudice in his life. he did eventually change seats. we have reached out to the airline and have not heard back. >>> the faa does have rules for exit row seating. a passenger must be capable and willing to perform emergency actions. >>> state health officials confirm a man has died after eating nacho cheese served at this gas station. the illness appears to have been caused by botulism. 10

. >> chinese stocks initially fell on the news that moody's was downgrading the country has credit rating a notch with the shanghaiposite first dropping around a point before stabilizing and making up the lost ground. the hang seng in hong kong also dipped into negative territory. but other markets in the region initially appeared to shrug off the news. in tokyo, the nikkei was up .5% by the break, and benchmarks also gained in seoul, taiwan, sydney, and singapore. by dropping the rating, moody's show that even though growth remains around 6% in china, it doesn't think the country's government will manage to rein in its debt burden. the chinese finance ministry is unhappy about the downgrade or responded to the move by saying that modi's was exaggerating difficulties facing china's economy and underestimating efforts to reform. brent: terrorist attacks and political turmoil have severely damaged turkey's tourism sector. so, it's getting new attractions. how about a beautiful coral reef? governor of the providence of antalya just sunk a military tank for corals to grow on. that is supposed to attract fish and in tu

new car market cools off. fields will report think be replaced by fellow ford executive jim hackett. >>> uncooperative passenger caused an hours' long delay on an overnight flight from shanghaiporter: fellow passengers vented their anger when the man was removed from the plane. the man had taken another person's seat while boarding in china and refused to move. law enforcement was called. he was escorted off the plane several hours later. then, the flight had to make an unscheduled landing in san francisco to get a fresh crew. the plane finally arrived in new jersey about 2:30 this morning. that delay, and the crew, not a flight you want to be on. >> everybody in a great mood after that. >>> just ahead, a wild night packed with big moments. who shined brightest at the billboard music awards. >>> first, the royal affair watched by the world. we're going to take you inside pippa middleton's wedding and why prince harry had to go above why prince harry had to go above and beyond to bring hisare alle? break through your allergies. try new flonase sensimist allergy relief instead of allergy pills. it's more complete allergy relief in a gentle mist experience you'll barely feel. u

shanghai, a pharmacy a making apparently according to sky news an inquiry about participating in a bidody shop. there have been some talk about this initial price target being one billion euros. some saying that price is "widely optimistic c." near 700istically million euros. on the 21st of april, private equity company said to be the next round of bids for body shop and perhaps renhe pharmacy is one to watch. itdi: fewer headlines when comes to these high profile chinese acquisitions abroad this year. certainly that is one we are watching. i'm looking at this e-commerce outfits. they have had a hard time. the stock fell 22% after it was targeted by short-sellers report , saying the allegations made in the short seller article are biased, inaccurate, and liz leading, so that just about covers it. take a look how that stock is bouncing back. 22%re down 30% due to that selloff in the wake of that report there. cogobuy have said they actually made that known to shenzhen-based police. 7%haad: lenovo premarket, up , trading volume surging. is why, 50 reason times the 30 day average of the n

new record highs yesterday. overnight action in asia, let's show you what happened. the shanghaiomp reversed some earlier declines. finished higher by a third of a percent. that's been a weak spot around the global markets. the hang seng continues to sore, upsoar. as for early action in europe. we're seeing a mixed to positive picture in europe. the dax up 0.10%. >>> oil prices bounced yesterday to the tune of 3%. they're up again today to 1.3%, shy of $48 for wti. this on news that the saudis are planning to stick to that opec agreement. they'll keep their supply under certain levels. ten-year treasury note has been rising over the course of this week. we're pretty much back at 2.4% having started the week at the 2.3s. there's the ten-year treasury for you. i've seen yields tick up slightly this week. dollar board, main story has been the euro, which has been on a surge post election results. 1 1.087 is the price this morning. gold prices have had three days of gains, but just slight gains each day. and that's the same once again today. up to 1,221. >>> shares of snap down big a

new york to london. we are covering stories out of washington, paris, and shanghai. here are the top stories.wn as voters enter the polls in france on sunday. markets anticipating a macron victory. where should you physician if le pen. off an upset.lls chairman to replace janet yellen at the central bank. mark: disney's guardians of the galaxy to is set to cros

new york to london. we are covering stories out of washington, paris, and shanghai. here are the top stories.t is the final countdown as voters enter the polls in france on sunday. markets anticipating a macron victory. where should you physician if le pen. off an upset.lls chairman to replace janet yellen at the central bank. mark: disney's guardians of the set offo is set to cros the summer box office. we will take a look at the eagerly anticipated sequel. have a look at where european equities are right now. we are 30 minutes away from the end of the friday session. stocks are rising today. we are at the highest level since august 2015. second weekly gain, for weekly gain in five. all these currencies are rising against the dollar today. the ones in green. and creditodities, default swaps are your final column. let's get to your earnings. iag boosting profits that are than estimated. 9.7%. that is a traditionally sluggish first quarter. gainyear earnings set to as the man on pricing for long-haul routes surging. the brexit vote last june had less of an impact on traffic than the company an

similar events in beijing and shanghai last week in rate controversy after jerod kircher's sister and vote president trump. global newspowered by more than 2600 journalists and analysts in more than 120 countries. this is bloomberg. i am paul allen. haidi: thanks for that. numbersgetting some through when it comes to home loan data out of australia. month on month in march, home loans fell .5%. we were expecting no change. it also fell .5% in the previous month. lending for investment properties gaining .8% after a decline of close to 6%. when it comes to the owner occupied homeland values rising .9% as well. a mixed bag when it comes to assessing whether these macro prudential measures, whether some of these concerns over financial stability as result of higher household debt and mortgage holdings have really started to come off somewhat. let's get to north korea, the latest missile test is weighing on the markets, drawing condemnation from around the world. it comes days after south korea elected a new president, and is being seen as a challenge to washington. peter paige joins us now with the latest on this. more s

new rides. you keep revisiting and shanghai 10 million viewers. at a -- >> visitors. >> yes.s. >> in the next few days. 10 million. >> it's movie slate, we all go. so there will come a time it's not yet that we will be focused on the espn going down a little. but maybe we won't be focused on the other ways we pay to get espn. and maybe they did get the costs down because of some of the personnel changes. but all i'm saying is that when i come back and listen to the conference calls, anything disney -- you want to affiliate with disney so badly. keep that in mind. that's an aspect when it goes down three -- >> iger did point out the 100 people who were dismissed at espn got a lot of attention and they have 8,000 employees to put it in some perspective. >> they have the unbelievable tech. that's why bam tech has unbelievable capacity. i don't know if use the app or put the teams in. let's go back to time. when we were growing up, you were trying to be in the faces in the crowd, you were trying to be in "sports illustrated." there's some great writers still with "sports illustra

new policies to prevent customer service failures in the future. nicole: a look at the market check right now. most of the markets are closed the exception of the shanghai the heels of those chinese factory committee with a slower pace. we do see the shanghai finished down one quarter 1%. lauren: stocks are trading to the downside. dax down 24. nicole: a big deal with the televised debate between may may 7th. dow futures down 20. s&p futures down three on the heels of apple down in the premarket and will watch for facebook are immense. nicole: after a big turmoil for crude oil prices. $48.20 a barrel. 12.54 announced. more about apple because they laid a score to the in. apple reported rise in profit and revenue in the latest quarter, but shipments of python 1% a year ago. the recent decline is partly because of weakness in china and customers anticipating the new iphone. that puts pressure on apple to shore back with his 10th anniversary iphone due out later this year. apple's revenue is the second increase in a row following declines. apple shares following 1.8% after hours. they've been on a tear recently at 57% in the past year and they have soared

new pirate adventure. >> captain jack sparrow is back. and we flew halfway around the world to join johnny depp and the cast here at shanghai disney. >> getdy. going to get weird. things are going to get weird. >> we love it. who doesn't love a bit of disney, huh? >> playing orlando's son in this fifth installment is handsome 27-year-old britain. >> how awesome is this? >> it's great. the e are sepgs from to great. >> playing the baddy in this one is javier bardem. >> did she give you any advice in working with johnny? >> the advice is very simple. have fun. it was like watching how he became sparrow and it was -- >> i'm so sorry, were you still talking? >> it's license to be irreverent and stupid. >> what advice would you give to your sounger self, 15 years ago? >> moisturize more. >> did your son know you're a pirate? >> he asks me, do you really hold your breath that long? it's very cute. >> and how would these actors do on the deck of a pirate ship? we tested their pirate knowledge. scallywag. >> miscreant. >> rascal? >> burnt piece of toast? >> no. >> poop deck. >> that is the aft of the ship. >> the back of the boat. >> oh, he's goo

japan, hong kong, shanghai and south korea. a newstreet journal reporting of a new attack that comes just days after the mass i have outbreak that crippled computers in 100 countries. we have more details on that. and united under fire again. this is where the airline gets it wrong. this airline charged a soldier for overweight bag on his way home from afghanistan. it was 200 pounds because it had military gear in it, united. how they're trying to make right. that's ahead. making coca-cola less sweet. the ceo revealing ces pee changes. sales struggling for sugary sweet sodas. wal-mart will be a key stock to watch. the company reporting first-quarter results momentarily, comes amid rough season earning season for many retailers and fidget spinners now getting planned in classrooms. all of that and so much more. coming up this morning with me for the remainder of the next two hours, financial analysts, lea gabrielle and mitch rochelle to make sense of the business world. lea: you don't put them in your mouth. a little girl got hurt by

a consistent grower and they just allocated $5 billion to a new park and it should be a profit generator. theow are things looking at shanghai company has not given investors details on it. anecdotal evidence coming out has been positive and the feedback has been positive. this is a park with a lot of risk associated and they need this to be a home run. plan to get into china. this is the foray into china. >> paul sweeney, thank you very much. cambridge,go to where ibm has made investments. big blue upblue -- to? down on theubling powerful cognitive technology on jeopardy in 2011. it now is everything the company is bringing to its customers. machines applying deep learning to monitor for cyber attacks. it was foundedo, and the company has grown into a technology powerhouse, making cambridge the base for innovation in the health field. it got its start in boston in 2011. >> through the acquisition of in 133s, we are countries around the world and we have not stopped acquiring companies. thanw have acquired more one dozen companies focused on cybersecurity in the boston area. watson, theusing analytical computer system, to mo

shanghai both down. a twist on red lobster favorite, how it's giving new taste of the cheddar bay biscuit. dagen mcdowell and financial analyst heather is with us. great to see you. >> good to see you. maria: good morning. >> happy cinco de mayo. maria: they did it? dagen: the democrats acted like 3-year-olds. >> singing. [laughter] >> are they really singing. maria: it's true they were singing. they are trying to turn this an issue of morality which we heard from nancy pelosi and hillary clinton weighing in as well. maria: it's funny that they had a conference call that they all got on the same page, say no to the vote, i'm talking about everybody from chuck schumer and nancy pelosi to governors, they just all got on the same page to try to obstruct. dagen: the republicans move to change this for ideological reasons but also because obamacare was collapsing in on it. >> it's not working. >> you have to put another plan in place. it doesn't mean that it'll be perfect. let's try it. the senate will make changes before it passes. maria: 94 out of 95 counties in iowa are without health care.

stocks and shanghai fell to a seven-month low. the yuan fell too. global newsa day, powered by 2600 journalists and analysts in more than 120 countries around the world. i'm taylor riggs. this is bloomberg. equitiess look at b, bonds, and currencies commodities. there is not much going on. equities spread flattens the yield curve, but amid rising yields for both the two year and 10 year. that is a bearish flatten her and has the attention of people, guy. schneider at pimco yesterday, quite adamant about a bearish flatten her in -- bearish flattener in our future. guy: not much of a sense of direction coming from europe this morning, the same in the u.s. a little bit of a selloff in euro sterling, but not a big one. we see solid data coming out of the eurozone. ist i am interested in, tom, that we have not seen much of a reaction from the china downgrade. is affected because of the commodities link. the shanghai composite is barely budging. tom: let's look at a picture of that. let me first look at the bigger picture, the chinese five-year yield. this function i

new rival to airbus and boeing takes to the skies. china's first home—grown c919 passengerjet has taken off on its maiden test flight in shanghai.k at the markets. europe is open, it's all about oil, elections and us jobs figures. it's been an election campaign that's turned french politics upside down — now is the last chance for the two presidential candidates to appeal for voters before the polls open on sunday. we'll get the inside track on the last week of the contest and ask how much the winner can achieve when they get into office. no specific question today. just letters know what you think of the programme. be nice! just use the hashtag #bbcbizlive. hello and welcome to business live. the head of the american investment bank goldman sachs, has warned that britain's financial centre — the city of london — will stall when the country leaves the european union. lloyd blankfein told the bbc that the bank had contingency plans to move staff to mainland europe, depending on the outcome of brexit talks. at the moment goldman sachs employ 6,500 people here in the uk. the bank is due to move into a new premises in 2019 as it tri

shanghai and beijing. a service like ours. there's capacity, airports. we want to go where we can develop new markets.nt to disrupt existing markets. we want to build new markets and build new business. we opened areas where there was no one else. so that is our marketplace, and that is why i am confident in 2017, because the competitive environment has improved dramatically. the oil prices stable. we know we are in that band. there is a lot of shale, pollution is an issue, so whatever opec does, the demand will continue to drop and there will be more product out there, so for the first time in 16 years we have a great competitive environment, stable oil, so we are feeling confident. that's why we are adding 29 planes in 2017. haslinda: back to the jv, how much, where do you fly to, timeframe? >> is just like india. we did not have a clear timeframe. haslinda: five years. aircraftld help 50 flying there, but approvals to get, work to be done. china is like india, it will take time. we've played the long game. we are building a franchise with an incredible foundation in .opi asean rabobank we went to b

news. >>> flight diversions are not unusual, but the explanations for this one are leaving more questions than answers. united flight 817 departed sf organization at 2:00 p.m. bound for shanghai. the 13-hour flight would take the 747 over alaska and down the russian coast. eventually to shanghai. but somewhere near russia the flight diverted. instead of continuing to shanghai it went to norita airport near tokyo. the daily caller reported a passenger tweeted, "captain just made an announcement due to diplomatic issue we are not being allowed to enter russian air space. we will stop over to refuel." crazy. the flight eventually resumed and landed in shanghai three hours behind schedule. another passenger tweeted at united. can you clarify why flights ua857 and 198 were diverted to japan from their destination in shanghai, please. a united spokesman told me the flight was diverted to refuel, "following a reroute by air traffic control." when i asked why it was rerouted and if it had been denied entry into russian air space, united responded, we are working with air traffic control to learn more. the diversion happened just as secretary of state rex tillerson was in moscow for d

all of your major asian markets were higher except for the shanghai composite which lost about 1/3 of 1%. newe consumer products safety commission warning consumers to stop using the lazy board hover board after a fatal house fire. the details ahead. a concert scam hits facebook. a seemingly harmless game circling the social network could pose a massive security risk. what you need to know before you tell people what concerts you've been to. the good, the bad and avert your eyes from the met gala, something you nor i will ever attend and we're happy with that. and april the giraffe's baby finally has a name and how it's giving the zoo and fans hope. turning back to the trump administration, transportation secretary administration's elaine chao, waiting on multitude of positions to be filled along with the robust jobs growth within her department after the infrastructure bill is implemented. >> there are unfilled jobs within this administration. what can you do to get those jobs filled, to put the people in place you need to actually execute? >> well, fortunately, this is year nine of my tenur

have been to middle east and shanghai because they know that globally this threatens to gobble children by the millions. so we are all going to do this together. we now have a newmission, actually, howard and larry and our two groups, we are going to involve the private sector more, we are going to come up with more projects, whether he try to do more to empower all of you and going to be be able to do it and afford to bring in more businesses and more ngo's thanks to the robert wood johnson foundation without whom we would never have done anything that we do in american schools. thank you very much, i would like for you to give howard and larry a hand and let's bring them up for a minute. [applause] >> thank you. thank you. let me just say one final thing. i'm in washington, d.c. there's still massive disparities, massive in the impact of childhood obesity, type two diabetes and you know it. so i ask you all, don't -- don't get discouraged. the good news is in their heart of hearts, nobody wants to see any child die or be memed or have future robbed and i think it's so easy to get caught up in all the stuff and easy to get caught up here. .. don't leave withou

pretty shanghai composite declined by half of 1%, while shenzhen fell 1.5%. has accounted for one third of that advance your global news, 24 hours a day, powered by more than 2600 journalists and analysts in 120 countries. i am tom mackenzie and this is bloomberg. thanks for that. still ahead, moody's balancing act. jobs are floundering at home. set to reporty earnings. why some analysts are tracking sluggish growth ahead. that is next. this is bloomberg. ♪ haidi: this is "bloomberg markets: asia." i am haidi lun in sydney. holdings is said to be cutting staff and shutting down offices in singapore in mumbai. currencies would withdraw almost completely from making goods in european etf's. g being is being -- kc bought. of the staff and relies more heavily on technology. it willfrom japan say really's profit forecasts through next march on friday. the news says the forecast of the company by a three-year business plan. the nikkei's backing a net income of the hundred $60 of $360in sales -- million. that could happen in july. end.st does not s&p global rating for default on its debt within a year. c plus.iple singapore l

shanghai banking corporation. hsbc with some serious challenges ahead. but the good news of earnings today.e see europe's biggest bank, they post a surprise increase in first-quarter profit. mr. gulliver's plans, maybe they have finally come to some good. from new york and from london this morning, this is bloomberg. ♪ francine: good morning. this is bloomberg "surveillance ." we brought in tom keene an hour early because of that great interview he did yesterday. i was also following the fed special. what was the tone like? was chairman bernanke a cautious? about this,s great the longer the interview, the more insight you get from any given guest. it was a penetrating interview with one of our great academics on not only fed theory. i'll tell you he kept circling back to the pressures that mr. draghi faces. i said, what really gets your attention around the world and he went to europe and he said the challenges that mr. draghi has are important and that he is doing the right thing. he loves the way mr. draghi was most assertive a few years back. thecine: and you talk about administration's

shanghai composite and the hang seng extending declines. unchanged at the moment when you weigh all of the stocks. energy is up, oil gaining ground. newsarabia and russia will extend those output cuts for nine more months, but 24 out of 25 analysts do expect those cuts to continue. energy is out, but the rest of the sector is not looking pretty. rebound on wall street, but that positive sentiment not getting filtered through the asian session right now. take a look at this chart, the made upna index, mostly of overseas stocks in those traded in hong kong, they have been gaining ground, but the shanghai composite has been losing ground because of deleveraging efforts out of china. correlation between the two indices has fallen in the past few sessions, although we are seeing a slight correlation falling to a 2006 low. today, the big news comes out of the currency markets, the offshore yuan, some weakness for the offshore yuan, that after six sessions of gains. dc,he turmoil in washington not only that, but what is happening with the political crisis in brazil -- if all of that continues, we could see more headwinds for the yuan and the

shanghai. the state backed company behind the plane hopes to have approval to fly in the next few years. i'm joined now by stephen trimble, who's the america's managing editor of aviation newse been investing in this programme for quite a long time. they are certainly dedicated to it. they are certainly dedicated to it. they have all the technology they need to get to certification. but it will be a few years. it will be a few years. in terms of the aeroplane's components, its key components are actually imported. that will cost quite a lot, wouldn't it? right. about 3096 of the that will cost quite a lot, wouldn't it? right. about 30% of the aircraft is chinese, the rest, including the engine, comes from european or american suppliers, the power systems and landing gear and those kinds of things. that erodes the cost benefits of assembling it in china. but it will still be at least a competitive aircraft was something like the airbus in india. we should not related away from just what an achievement this is, this is the first time that a new passenger aircraft has been launched since... is the 1960s? aircraft has been launched since... is the 19605? it aircraft has been la

shanghai. the mood in the markets i think is one of settling and. they have this newntment in terms of somebody to oversee mr. mueller and the investigation into the russian issue. that is for the moment. republicans and democrats -- the republicans are not running away from trump gesture. i am, however, running away to digital radio. i am with carolyn hector. fullwith guy johnson for global tv coverage with matt miller. guy: thank you very much. let us talk about what is happening in these markets, just a few things to highlight. look at great portland the states, down. the reason for that is that it has gone ex dividend. what else has gone ex dividend? i will switch this to index points. hsbc has gone ex-dividend this morning, down by 1.3 percent. royal dutch shell has gone ex-dividend this morning, down by 1.8%. just worth paying attention to. on the upside, let us show you what is going on. bt well bid this morning. this is an index point performance. as you can see, burberry doing well, on better-than-expected numbers. just note that. that is worth paying attenti

nikkei average hang seng weaker fractional weakness shanghai composite kospi mooir, fractional moves in evening newsrpt out at cbs more on reporting anchor shift coming up, all those this morning joining me to talk bailout fox business network dagen mcdowell, recon cal chief investment officer kevin kelly town hall.com political editor fox news contributor guy benson good to see you climate change accord apparently axios reporting president will take uservice out of it a surprise? a campaign promise from the president fox has not confirmed this this is one outlet reporting it, it seems as though if correct the administration is trying to make a decision are they going to pull out immediately? or are they going to do a formal process that would take years? but it seems like the paris accord might be in rear view mirror for trump administration soon jay wore traded as u.s. retreat from europe utter hogwash because we don't stand with europe on -- in agreement on how they view climate change that is how it will be portrayed. >> caulking to guttenberg about that a former ceo cke restaurants andy here o