>> by now, nichols runs outside.n his tail. >> that deputy, however, did not know that anyone had been killed in the courtroom or that there were hostages. >> nichols shoots the officer five times and teasley dies a short time later. >> everybody off the sidewalk! >> brian nichols is armed and on the run. a major manhunt begins. >> police now on a massive manhunt for 33-year-old brian nichols. >> he goes into an underground parking garage where he carjacks a deputy's car. he'd later carjack at least five others. >> he would put a gun to them and order them out of their vehicles, take their vehicle, switch vehicles, and continue to switch vehicles. >> one of the cars nichols steals is a green honda that belongs to this reporter. nichols hits him over the head with a gun. >> i think i'm extremely lucky to escape without being shot or thrown in the trunk. >> this parking garage security camera captures nichols casually walking down the stairs, apparently wearing o'brien's blazer. >> the story that we're covering for you

on the floor was the body of 67-year-old audrey nichols. she had been shot in the head at close range with a .32-caliber bullet. >> the phone that they believe that she was using was found right in that area, i believe in the hallway just outside the bathroom. >> the police officers knew mrs. nichols. she had worked for the michigan state police for 17 years analyzing traffic accidents. she had retired just four months earlier and lived alone. her three children were grown and living elsewhere. >> we all felt violated by it just because so many of us were alone. it was very shocking to us. it was numbing. and there was a lot of anger, an awful lot of anger. >> since police arrived within five minutes of the call, the killer wasn't inside the house long. none of the drawers or closets had been ransacked, but audrey's purse was missing. >> looked like the house had been selected for a break-in so that somebody could go in and find something of value, probably to purchase for drugs. >> a preliminary look at the evidence left no doubt about wha

hans nichols is in berlin with more. how bad is this?vernment official has said this is a new low point between allies. lowo one disputes it is a point, how far do you have to go back to get to an even lower point? thetime maybe right after cold war there was some difficulty. this is a remarkable low point. really, it is angela merkel expressing her frustration that a, she cannot get agrimmett with the americans. this activity continues. here's a quote from wolfgang minister. the finance "with so much stupidity, you can only weep." their take on what the u.s. is doing to the relationship. >> the intelligence i suspect everybody wants from germany is what formation is a play this weekend. it will be an attacking formation. a great deal of speculation in the press that germany will continue its attacking ways. they have had this remarkable team that in some ways is not a traditional, holdback german team. we did take a look at the economy as argentina and brazil -- argentina and germany, look at the differences on football and look at gdp

wasans nichols' report outstanding.es back to argentina, we will continue to follow that. weead of level economics, will talk about the fed and udp. directly to argentina with even harris. we have vincent reinhart from morgan stanley, after fed meeting and after charles plosser's dissent. a 4% american economy. formally with craft international, this guy resurrected oreos in china. one of the great brand managers in the world. looking forward to it. hans, thanks. -- tom andmixing up hans. looking forward to the show. group fell.est we just sat down with the company's chief executive, this is what he had to say about the default situation in argentina. >> we expected this, i am sorry to say. our operations have been fully depreciated. they're basically written off. it is a sad situation in argentina. we believe this is going to go on for some time. -contained, argentinian base. are completely self sustained in argentina. it is now i totally regulated system. we do not see a particular impact on us. weis time for argentin

hans nichols joins us now from berlin.ot atsm directed here what is happening in germany, but the u.s. operations. >> this is really focused on the u.s. operations. think of this as a bad report card that you got before christmas and it get -- and it became public in july. the question everyone is asking is is the underlying behavior still there or hasn't been rectified? deutsche bank has done quite a bit to rectify some of its problems. when mark legal settlements. they have tried to work closely with regulators. yet this letter came out. it is likely that it came from the new york fed's office. it is unlikely that deutsche bank would actually release its own letter because you have seen their shares get absolutely hammered. it happened yesterday when the wall street journal initially reported this. shares dropped almost 3%. that was matched this morning at the open in frankfurt. here is what the letter said. it is blistering when you listen to the tone. "the size and breadth of errors wrongly suggest that the firm's enti

caroline hyde and hans nichols.art yield. >> falling out of fashion with shoppers and maybe investors. they have been falling. general merchandise. they are trying to reassure investors that women's wear is improving. i will be back with more on the ms results. >> will be looking at commerzbank and a potential summer of several -- settlements. sediment on sanctions for germany's second-biggest bank. -- settlements on sanctions for second-biggest bank. we are just at the beginning. >> thanks very much. i asked about $500 million. they got off easy considering how much they put to one side. that's what we are watching. . will be watching production i am sure manus cranny will be as well. >> the european ti

hans nichols joins me now. give me a sense of the scale of these layouts. >> 5800 was what microsoft laid off in 2009. that was about a fifth of their workforce. they have absorbed 30,000 from nokia. the overall number, the number of positions, is going to be lower -- higher than 57,000. the percentage is lower. statementhis missing july 10 and he talked about the importance of cloud computing and mobile devices. that is clearly the direction they're going in. to reading -- some of them will be at the xbox division. it is headquartered in reading in the united kingdom. could be some job cuts. where trying to find out where these cuts are and how deep they will be. software ag, this is a stock this is a colossal trade. >> a massive trade, rippling throughout the market right now. we had it this morning before the market even opened. the profit warning was dismal. one of the biggest drops in their history. it is an indication of just how volatile things are right now and how quickly things can turn on a little bi

olivia. >> who knows the hans nichols. what else is on our radar. the biggest gainer on the stoxx 600. shares are up. the company sees a strong performance and mail in the netherlands. midland said it will acquire wild flavors. chinesed its competitor. vidia has agreed to buy new insurance a group. still to come, more exclusive interviews. you hear from the financial watchdog. ♪ >> welcome to "the pulse." i am olivia sterns. let's take a quick check of the currency market. at the dollar. you look at a five day. this after goldman sachs drop gold and the forecast. saying goldman -- it saying janet yellen will bring rates up and a third quarter. that is sentiment around the dollar and is trading at a one-week high. it is following a much stronger jobs report we had out of the u.s. adding over 200,000 jobs. time for another bloomberg exclusive. michelle barnie has a message of doubt jean-claude juncker's nomination. get over it. the economic conference. he stressed the eu and eu k better together. a u.k. are better together. >> we need to get past the

hanson nichols is standing by in the capital with more.de quite a new story. >> that is exactly the reaction angela merkel wanted. she wanted a public right. she wanted some way to signal to the united states, to convey to them just how upset she has, not only on the nsa phone tapping, but the idea that there are two cases of potential double agents working for both german spy agencies and the cia. he mayance minister, have captured merkel's feelings when he said "with so much stupidity, you can only weep." that is why the chancellor is not amused. it is an understatement here she is outraged. this is the top u.s. intelligence official. he has been asked to leave german soil. it is a remarkable story. we are just at the beginning of it. how can the u.s. mend fences and put this relationship back on track? because there are a host of issues from security to economic cooperation to ukraine to iran, let alone the free trade deal that angela merkel and barack obama perhaps would like to have more productive conversations on. guys? >> thanks fo

hans nichols is standing by. going tohat they are want to hear about how the airline is doing. for me, the talk is going to be of the world cup. >> the talk is going to be, can they add another route to bring all of these german fans to the world cup? we can talk about long-haul flights and transatlantic flights. the margins are not therefore the gonzo. -- there for lufthansa. they have deployed german wings to protect their underbelly. the problem with german wings, and they mentioned this as a -- at a press conference yesterday, even german wings, which is a low-cost alternative, they cannot compete with ryanair or easyjet read there is some speculation in the german press a may announce a further low-cost airline, something to compete with ryanair and easyjet. that is their challenge going forward. they have high labor costs here in germany. in some ways, the challenge that some ofa is having are the same challenges the north american carriers had a couple of years ago. they are not very efficient. they need more fuel-efficient fleets. to do that, you need to come up with so

hans nichols reporting from berlin.you postpone vacation plans to watch the world cup? find out how the football championship may have impacted on the train operated eurostar. we are live with the ceo after the break. ♪ >> welcome back to "the pulse" live from london on bloomberg television. eurostar says we can demand for leisure travel has weaken them. many stayed at home to watch the world cup. for more, we are joined by euro star's ceo. thank you for coming. the world cup effect, not good for all businesses that. didn't really have an impact on people's willingness to take leisure breaks in paris and bruges, brussels and london? >> it did. we were surprised it was not as strong as expected. then we realize that people were poor stoning -- were postponing. peoplenitely saw some postponing their short breaks. >> are they about to get more romantic and plan this weekend trips away? >> i hope so. >> enough football. >> we need more romance. i think this summer will be good for us. >> what about business travel? you have

hans nichols is in germany.elation sense of the in germany. >> [laughter] well, let me describe it this way. i am here at the loft on the training center. it feels like a giant dorm. university when a gentleman may have spent the night out of his room and would come back with a smug smile on his face? that is what this entire village feels like. everyone is smug at the same time. there is a certain amount of forbearance because everyone says the real goal, victory in the final. it is pouring rain here. that didn't stop the fireworks. all night. you could barely sleep in berlin. i was in a small village. fireworks all night long. it is a remarkable story. everyone is focused on the real prize, to be the world cup champions. manus. >> this is fairly unprecedented, isn't it? >> [laughter] well, we can go back in history and try to find a different differential. 1920 is the last time there has been a six goal differential. there is a certain amount of, this for brazil -- of comeuppance for brazil. people were just e

hans nichols and ryan chilcote are with me now. look at that. it is a phenomenal site. -- sight. >> i came in from london last night and stayed up and watched the game, foolishly, i might add. it has been remarkable for the german public. can you ben is, celebratory if you are german? it is a handwringing conversation every time. one thing that is clear, every time germany does win, the economy gets a little boost. ?hat do you think is it a feel-good moment? >> i do not think there are going to be too many -- lionel messi won the golden boot. mayor donna had something -- maradona had something to say about that. >> he said the marketing people wanted him to. it andse, maradona has messi has never had the world cup. >> so it is the capitalist fall. -- fault. >> we talked about how beer sales were going to get a boost if the germans win. >> this brings us into russia. the host country, on average, gets a 1.6% boost. we most important thing love, having a direct correlation between a teams winning percentage and beer sales of their home brewers. it

, bloomberg. >> hans nichols having fun.th bloomberg television. i will be back with "the pulse" in a couple minutes time. we will take that break. back with "the pulse" in a few minutes time. ♪ . >> a black week for the airline industry after three fatal plane crashes. we speak with the c.e.o. of air france about the lessons to be learned. the sky is the limit. .upert murdoch sold tv stakes giving him funds for a takeover t time warner. r.b.s. shares double.

ryan chilcote and hans nichols and manus cranny. a big day potentially.ting earnings that beat estimates. it is the for the biggest stock on the ftse 100. one to watch. we will be talking about the disclaimer they made. warning investors about their relationship with russia's biggest oil company. over to you. >> we will be looking at renault and what their sales are doing. there are up across europe and down in a russia. they expect to be down some 10% for the year. they were down 13% in june. we will look at other carmakers exposure in russia. over to manus cranny. >> thank you. ubs delivered the numbers. traders, not trading as much. of credit suisse. the inflow into wealth management and we will talk about it. >> thanks. manus cranny. the fx market. futures pointing higher across the board. you had earnings on one

hans nichols will be reporting live from the event.e is focus on commerzbank, germany's second-largest lender and may be next in line to resolve u.s. sanctions. hans has a more. hans? >> olivia, good morning. here's the interstate think about that number. billion?t half $1 the good news for commerzbank is that could get out of the way by the end of the summer and have the litigation on the sanctions aside behind them. it has to do with the delaware blacklist countries. -- dealing with a blacklist countries. comparison to what was seen from other french banks. the bnp, close to $9 billion. the stock taking a hit down almost 4%. now 3%. why me back a little bit. the big question is, will the bank needed to raise additional capital to cover this? 1.2 billion and this will eat away half of it. will it be the last they have to settle? is this a summer of the settlements? at the stop.ised we are in the early stages of what is happening. million dollars. that compares to something significantly larger than bnp paribas. any way of explaining t

have public comment, i have a card from marilyn nichols. >>> hello, my name is marilyn nichols and i live in telegraph landing which is just across the street from pier 29. and one of the thing that i'd like people to think about, and certainly you have, i really am impressed with all of the parks that you have created for communities and thought about that, that kind of public access. we don't have that where we are, you know. this is a high density residential point when you look at telegraph hill. and there are no big fields for people to play in. now, i understand the need for revenue, and one of the thing that i think most people were excited about at one point was when chelsey piers was one of the groups that was looked at for pier 15-17 which is now, of course, the exploratorium which we're very happy to have. but somehow or another -- and i'm sure that there must be a way to have public access for the community, someplace that, you know -- i understand the cruise terminal is a big deal and i think in this presentation the idea of, of, you know, accommodating cruise passengers

hans nichols has been following this. and we aretastic past the deadline. i am asking what is next. >> the sequel involves more name-calling and recriminations. this debt has not been resolved and the officials struck a defiant tone. it and theident said state is not going to sign anything or consent to anything, despite the pressure. >> now, we wait for the ruling and the have an incredible amount of power. turnthe technical defaults out to be a credit event? all of these may have to be paid. there is a question on who owns cds.bs's -- there is a way out of this. you have private banks by the debt from hedge funds and they hold onto it until the end of the year. the 1.5ld get paid billion and all the other claims would not be triggered. a lot of nasty things are likely to happen in the argentinian economy between then and now. >> i spoke to someone last night said the prospect and they grief. we will leave that there. what are the prospects? >> it depends on looking at the signaling and telegraphing from the argentine government. they are saying no deal. t

hans nichols is back from left to talk- from lufthansa planes with us. who is placing this new order? >> it is indigo which is india's biggest carrier. they want to order some 200 planes. the catalog price is $100 million. that gets you to a $20 billion order. it will probably end up lower than that. this is all according to a person familiar with the matter. it is about heating up the market in india. other carriers have tried. you look at the numbers, the number of flights people on the subcontinent take. 1.8 flights per year per american. 1.0 for a german. zero point two in china and 0.1 in india. the last hour, we were talking about rail may be making a comeback. but planes are clearly going to be part of the future. if they can get the financing, the infrastructure and the safety clearance there is going to the a massive market. you will see a competition they're just like you have seen elsewhere. at least with indigo, airbus appears to be winning. >> it is going to be fascinating to watch. the point i was trying to make was the point that tony fern

hans nichols live in berlin.erman chemicals and drugs group, just crossing the bloomberg terminal. it seems as if second-quarter net income -- 953 million euros. analysts estimated 1.04. ryan likes to focus on this metric, earnings before interest and taxes. 1.5 2 billion. the estimate was 1.6 5 billion. company, of course, focuses not only on chemicals, not only plastics, but he centrally, the focus is to push into pharmaceuticals and consumer health care. aspirin, by the way, accounts for 1% of its sales. it still sees its earnings rising this year. a number of headlines crossing the terminal. we will come back to bayer.the big news is, it has missed earnings both on a net income front -- an ebit of ebitda front. don't miss our interview later on "the pulse." >> let's shift gears and we are going to get back to geocode -- geopolitics. it won't agree to a near-term truce until israel lifts its economic embargo put more than 12,200 palestinians, most of them civilians, have been killed in three weeks of fighting.

joined by hans nichols, caroline hyde, and michael houston. michael, finally we might have an agreement. what does this speak about the wider activity to mind does that justify where markets have been? certain extent it does because you have all this cash overseas. the bigger point from my perspective is does this throwback into play another deal? >> especially when you have them saying, we want more stringent rules on foreign takeovers. we want to get rid of the wiggle room. doesn't actually make a deal more likely? the british public knows pfizer would have to either maintain the jobs it promises to or pay a financial penalty. >> you are talking financial penalties. how big? it reminds me, if you find someone 60 grand for biting someone. sides.ave to be big what wider message does that send to businesses about the u.k. is open for business? i do not think it is enforceable. >> let's talk about banks that might get a big fine a little later. they were talking about a deal with the justice department. do you think this news comes out with the

hans nichols brings us up to speed with this story.ow did they catch this man who has been allegedly on both sides of the line? ring us the latest. >> they caught him because he allegedly offered the same spying services to the russians and that prompted an internal investigation. then they find out that he works for a german spy agency and he was double dipping and doing work as a double agent for the u.s. realutrage here has been and palpable. merkel learned about it in china, talked about it with business leaders. yes, there is a salacious aspect to this story, but there is also a policy impact and that is what does this do to trade talks? it will be increasingly difficult for angela merkel to bring germans along with the idea of a free-trade agreement if there are allegations of spying. here is what the interior minister had to say about this. remember, we spoke with him a couple of weeks ago on the same issue. the is what he told newspaper. "i expect everyone to cooperate promptly to clear up these allegations with quick and clear

hans nichols joining us from berlin. u.s.s have lifted the ban on flights to israel's biggest airport, ben-gurion. some carriers say they could still cancel flights over safety concerns over the next few days. elliott gotkine is live in tel aviv. as you say, this is being well received by the israelis that the faa is lifting its ban on u.s. flights. it is up to the carriers as to whether they actually take advantage of that. european airlines, not so keen to fly here for the moment. british airways still flying by the likes of lufthansa, air france, still staying away from tel aviv's ben-gurion airport. curry and and turkish -- korean and turkish airlines also staying away. hopingnsport minister the advice for the europeans will follow what the americans are doing. still flying. when i have a look at the ben-gurion airport webpage, which has arrivals and departure numbers, most of the flights, with the exception of georgian airlines and aeroflot seem to still be canceled or yet to be determined. this is a big issue for israel

hans nichols joins us now. the worst intentions by the germans. >> that is one way to put it. this puts angela merkel in a difficult spot. she's in china now. she's flying back. to give you a sense of how serious the allegations are, she rarely comments on issues abroad. she commented this morning. there is someone working for the federal security sources in germany, that they were a double agent and also working for the nsa. two favorite parts of the story. he they found him was offered his services to the russians, and that is how they found him. the other way? the way he was transmitting data back to the states, although allegedly, through a fake weather app on his computer. i will check to see whether yours are real. >> you are welcome to check. this, andhe has said she said this in a very unusual way, what is the next step? >> clarity for starters. they need to know exactly what happened. was this actual classified data transmitted? the bigger issue is will this get too far in front of animal -- angela mer

the lesson get to hans nichols for more.s is what we want to know, how is bmw doing against the other competitors? are winning. for bmw, that is the only thing that matters. they are up 16,000 cars. mercedes is in last place and then audi. here are the numbers. audi, 869,000. mini.es that exclude the that itinteresting is shows bmw is staying out front but audi is closing the gap. if you look at china's sales, audi is doing a remarkable job. go into north to america as well where bmw is adding a second plant in mexico. since we are both the reporters, i have a fantastic thing for us time. the number ahead of the market is moving at 0.5 percent. we will go to china and hang outside and we need one other of differentng out dealerships and we're going to have a clipper and will count to see how many wealthy chinese go in and that will give us an indication of pull is going to win this race at the end of the year. we will work on our mandarin. it will be great. >> i have a much better way and it will be cheaper. if you come to l

hans nichols, our international correspondent. coming up, we are going to talk more about merkel in china. we are going to look at germany's prospects for competing with both england and south korea. ♪ >> welcome back to "the pulse." angela merkel is visiting china at a time when ties between the two countries have never been stronger. frankfurt pushing to become a global trading center for the yuan. for more on germany's prospects competing in the global currency markets, let's ring senior of fx strategy at ubs. frankfurt competing with london and even south korea all to become trading hubs for the yuan. let's start with the basics. why is it so important? why does everybody want to be a trading center? >> it depends who you ask. ,rom the chinese point of view internationalization has been going on for a while now. it is threading around the world. there is a perception in the country on the receiving end of these trading hubs that they believe the immediate benefit will not be from jobs, but it will use transaction costs and cap

nichols was able to complete the project and move on. he later went on to design our governor's administration and for now is we have nickels. in 19757 year, the building has had timenttuous history, the foundation that we stood on is very difficult. yeah, you play. they have a lot of foundation changes over the years. there's been storms, hurricanes have ravaged this city believe or not. in 1909 a hurricane came through and ripped off the three. en and of course catrin ay let us of the new and we created the most accurate representation today of what the building looked like back in 1839. >> one of the more interesting exhibits that we have in the voom what we call a rubble structure. >> the contractors and building pulled a lot of stuff out that we nut kind of a main rubber structure. . so when the structure, we have 1840 bricks. we have is the 61 flo resent writing. we literally have the sitchen sings. i think the rotunda dome and most people look at as soon as you walk in and greet you at the front desk. some of the ornamentation ins

hans nichols has more from berlin. >> the way the language is written, it feels like it was written in978. this head of the u.s. intelligence service needs to leave german soil. phrase.the it is difficult to underestimate how angry germans are about the variety of espionage allegations. yes, there was an word -- edward snowden. a potential double agent apprehended by german authorities a week ago. he is talking. raid recently, another on another potential spy for the u.s.. you will know things have gotten really bad over here if they expelled the u.s. ambassador. you'll know things are almost irreparable if they give edward snowden asylum in germany. that is something that a large section of the social democrats, certainly on the left side of the spectrum in germany, something they call for. asylum for edward snowden outside of russia. when that happens, this relationship needs some serious tending to. >> what is the feeling on the street? for years.berlin americans were beloved until march 2003 when bush invaded iraq. in an instant, we were unwelcome. what is the feeling on the street

a year.n euros hans nichols joins us in berlin. what is behind the plan?re setting the benchmark pretty high. >> high labor costs, no one disputes that volkswagen does a and job at reducing cars producing cars that people like but they have a hard time with their profit margins. take a look at what the ceo said. we must take action that is clear, effective, and painful. we have a lot of catching up to do with our competitors in terms of productivity. it was even lower last quarter in 2013. he compared toyota at eight .8% and hyundai at 8.8%. almost 600,000 across the world. when you look at the labor costs in the u.s., germany, and japan you see the difference. mrs. auto sector wide but this gives you a sense of how expensive it is to produce german cars in germany. 40 point eight euros her hour. japan although we down to 29 point 96. in the u.s. where they have had massive restructuring it is 25.6 euros. inkswagen is adding jobs chattanooga and tennessee. 2000 and jobs and -- new jobs. they talked about the need to trim down factories, especially where th

nichols was the architect of the building. he had done a lot of work and other state capitals. i seen at ole miss. >> explore the life of jackson, mississippi. >> i tell the story so every aspect of the identity and one or another is a threat to israel. religion is muslim. my citizenship is american. my ethnicity is persian. my culture is middle eastern. cents off about me all the warning signals for israel. they experience him in rainy and american single man trying to get through the airport. it is a reminder to everyone has despite the way it wrought us closer and diminish the boundaries that separate us as nations and ethnicities and people and cultures, despite all of that, all you have to do is spend a few minutes trying to get through the airport to ,emember that those divisions the things that separate us every much alive. your phonel take calls, e-mails and tweets on islamist fundamentalism, the war on terror, and instability in the middle east. it is a three-day holiday weekend. television for serious readers. >> soldiers have been away from their homes for three to f

our international correspondent hans nichols joins us from berlin.e bank had to say about this? >> they said they are working to strengthen their systems. the problem is it is contrary to this report. the letter sent from the new york fed. which said they knew about the problems they had. they had failed to fix them. really a remarkable letter. this is from the new york regulator. the report says, they have low-quality, inaccurate, and unreliable reviews. and we technology. when this report hit, the response from the market was swift. it is stock fell 3% in the afternoon -- it was predictable. the stock fell 3% in the afternoon. suggestsand breadth the firm's entire u.s. reporting structure requires remedial action. whenever regulators talk about remedial action, it is an indication they are upset. they want to see some sort of action. >> talk to us about the timing. this letter was written in december, yes? inthe letter is written december. in january, deutsche bank hasn't -- has a big announcement they are going to spend more euros. when thea lag b

hans nichols, our international berlin correspondent. moving and shaking this hour, facebook ceo mark zuckerberg. he says connecting everyone to the internet is one of the fundamental challenges of this generation. are in an opinion article in "the wall street journal." uses only one-third of the world has internet access. in the meantime, he is grooming the next generation of facebook employees. they just flew out a 17-year-old they were recruiting. one of the persons recruited included a face-to-face meeting with mark zuckerberg himself. the teenager accepted the job offer and some silicon valley internships, as we told you, they are paying $6,000 a month. not bad. also moving this hour, a c-note tycoon,the -- casino the son of who is known as the godfather of macao trading. it is the only place in china where casinos are illegal and it relies on high rollers for 60% of its revenue. lawrence isos, looking to combine the best of the east, his own legacy, with the best of the west, where he was educated. what has las vegas inspired in th

hans nichols brings us the story. how big is this order?the company says talk about billions of euros. it really comes down to how many its and theney i.e. all electric eye threes, how many will they sell and how well will they sell against models like tesla. we talk about the auto sector here, and between bmw, audi and mercedes, this is a subset of that. it is between audi, bmw and tesla and mercedes. when you think about competition in the electric and hybrid space. the company that won the order is samsung sdi, that is a unit of the samsung unit. it was up from 2.6%. the question in all this growth a .2brids, it could reach million by 2020. that would be about 7% of all passenger cars. the global market for the automotive lithium ion batteries, we're talking about some 4.4 billion to 21 billion. cost.40% of the cars a remarkable amount of infrastructure goes into this investment. here is your german lesson for the day. the germans have two different words for rechargeable batteries and the battery so you throw away. accus. ll these are >

hans nichols is that our berlin news bureau. do the germans justice and we will throw a german out of washington? do not expect us to go tit-for-tat. the view here, and you started to hear some german politicians say this publicly this morning, is that they should use this as an opportunity to reset relations. what germany really wants of the one a no-spy agreement. yes, the webby spying on them to end, but they want this agreement. angela merkel that's not have it. she chucked out the top spy here. >> heaven for but i would ask this, but is there any proof of spying? >> is there any proof to spying, or on the actual allegations? >> is there to prove that summary actually did anything wrong, that they drop the roll of film off next to you at some football game? >> welcome to the allegation, the most serious one is a 31-year-old individual who works for the german intelligence service and was also transferring documents to the u.s. intelligence service. there has not been a whole lot of denial on that fact. the fulminating on thi

tothe story has more develop, as hans nichols said this morning from berlin.k you so much. spencer, thank you so much. i am waiting for your stock to go down and then i will buy shares. next oniu is bloomberg television. ♪ >> good morning. it is monday. we're live from the bloomberg worldwide headquarters. you were "in the loop." the espn president joins me for an exclusive interview. the network has seen record-breaking numbers during the world cup. i talked to him about the soccer craze. our headlines.at stocks begin at record highs. the dow closed over 17,000 for the first time. yet another record. futures indicate stocks will open lower over warnings that interest rates may rise sooner than expected. american apparel's largest investor is trying to avert new troubles. they may pay off a $10 million loan. immigrants are feeling the pinch as big banks abandon the business of transferring money

rachel nichols joins us live. a number of the belgian players, is it better for him or them? >> definitely for him, whether it's hockey or soccer, the advantage is always to the goalie because they know how an attacker prefers to score, but also it's an advantage for the u.s., just that they have tim howard, you mentioned he's 35 years old. he was good in high school so young. jurgen klinsmann the u.s. coach calls him one of the top five goaltenders in the world, and he's also very motivated today, carol, as well. hey, he does know at 35, this is likely going to be his last world cup. he's treasured these experiences, and this the knockout round. if they get knocked out that could be a hit for his world cup career and he doesn't want to go home yet. >> i conditioned th >> i can understand that certainly. something funny going on here, you heard the waffle house is boycotting belgian waffles? i love that. >> attacking breakfast food, i understand patriotism, but at some point, right? i mean, come on. everybody shou

for cnn, i'm rachel nichols. >> amazing. >>> buzz aldrin is a household name for walking on the moonut he also is a pretty funny guy, so i found out. i talked to him today about the space race. that conversation ahead. >>> well, time to talk a little more sports and get a preview of this week's major league baseball all-star game. terence moore is here, cnn.com sports contributor and columnist for mlb.com. we have more of that fantastic interview you did with hank aaron in a moment. first, the biggest name us in baseball gather in minnesota this week. what can we expect from the all-star game? >> i tell you what, miguel, this, no matter what happens, is gonna be derek jeter's all-star game. derek jeter announced before the season began that this is his last year in baseball, so you know that something unique is gonna happen on tuesday in minnesota. we know that because you always have these magical moments in baseball's all-star game. i was fortunate enough to be there in 1999 in boston at fenway park when you had ted williams around the pitcher's mound, all the living legends, at le

police say 50 year old debbie nichols shot a man an woman around 3:00 this morning both are in stable condition. nichols faces attempted murder charges and as of yet no word on a motive. >> a sussex new jersey man under arrest after police received two reports of someone entering a wal*mart store and stealing several tv sets. franklin police say thomas brady was caught attempting to leave wal*mart with another tv. he's now facing three separate counts of theft. >>> local veterans are about to start a brand new chapter in their lives. today they graduated from the project home veterans training and employment program. it offers job skilled trainings and paid internships to help formerly homeless veterans re-establish themselves in the community. >> i received a lot of guidance from project home as i prepared for an internship. my internship pi company in their energy services department. perfect match. (applause). >> six graduate dad. four were there for the big day. what were on the other other two doing. they already were working. >> someone in philadelphia is a new millionaire. a wi

rachel nichols, the host of cnn's "unguarded with rachel nichols" joins me right now.as reading slowly because i wanted you to see the video. i watched it. you know, it's odd to see that. what happened? >> yeah, absolutely bizarre. i mean, you are talking about the number one tennis player in the world and someone who really, over the past decade and a half, we associate with strength, right? and she can barely get the ball over the net. you see her missing the ball there. and what was so strange, i mean, i have been to so many grand slams. i've seen players struggle with dehydration. i've seen them struggle with cramps. this is the first time i have ever seen a player who literally couldn't place the ball at times. it was almost as if she was seeing double there. and that's just so odd. but she says that she's been fighting this bug. you know, she was knocked out of the singles a few days ago. we don't know whether she was starting to get sick then and that was her surprise exit. we don't know whether being upset about that is part of what got her in this kind of shap

. >> reporter: jay nichols is a marine biologist who lives near the central coast of california.d sea turtles. now, he's exploring the scientific reasons for why humans have such a deep connection with the deep blue. >> through all the cognitive and emotional benefits that we derive every time we spend time by water. >> reporter: nichols has dubbed our "blue mind" the mildly meditative state our brain wanders when near water. did you think it was that touchy feeling when near water? >> i was worried about that. once you get into it, you realize it's chemistry, it's biology, the physiologist. the deeply personal, but it's also strong science. >> reporter: the science is still evolving but nichols' work is getting plenty of attention. he began hosting blue mind seminars that are attracting neurologists inside colleges from arnold the world. using brain imaging they have found proximity to water floods the brain with dopamine, serotonin and oxytocin. scientists have surmised that the brain prefers the color blue above all others. when we look at this, it's not that it's beautiful, w

. >> good afternoon, i name is nichols. organization local 1021 and worker in san francisco and case manager in affordable housing community non-profit organizations. normally i come to these committees or city hall meetings and we are fighting and complaining about something, we don't like something that's going on, we are demanding more, but this is great minimum wage policy that i hope becomes implemented. i really want to say thank you for putting this up, working it out through seiu, i'm proud of the coalition for the fair economy which is made up of labor organizations. and work out differences and come to this compromise with this measure that we are discussing today. bring it home a little bit more. i started working full time as a non-profit worker in 2005 and that's how i started seeing company -- co-workers of mine making less than $15 an hour. and working in the union and nonprofit, over the years there is no push from the bottom. the clients from the non-profit organizations, there is no push from the bottom. i

rachel nichols -- are you on the line -- our host of "unguarded." "sports illustrated." news now. >> how did this whole thing -- >> yeah. >> i didn't hear your question, ash. >> well, i'm looking at this big sort of in depth letter written with the help of "sports illustrated" and it's being posted. nothing leaked, nothing got out before now? >> well, this is, you know, this is a very carefully orchestrated, you know, free agency period. i talked to lebron a lot about how he was going to handle this week, these last couple of weeks. he says he's learned from his mistakes last time. that he wanted to take some time to consider all options. that there wasn't going to be a lot of leaks from the camp or a lot of different things people would say. he wanted to keep it all close to the vest with him. he wanted to take the time to consider what was best for him and his family. and in the end, as you saw in that letter, as we've heard him say at times over the past few years, he has such strong ties to his hometown, he has such strong ties to the community of akron. he married h

kurt nichol is a vender. he says americans are obsessed with sugar. >> no, i mean, it should be like better education for people about what's good for them. >> san francisco supervisors are not the only ones pushing for this tax. berkeley residents will vote on a similar measure in november. in san francisco for abc 7 news. >>> a san francisco recology truck driver got a surprise when he discovered a man trapped in the back of his truck. a man was sleeping in a dumpster full of cardboard set to be recycled. unfortunately for him today was pick-up day. the driver did not know he had dumped a man into the back of his truck until he heard a very strange sound. >> it was an unusual sound. and he yelled out, and then the person yelled back. so there was a verbal communication and the man who was in the dumpster. >> the driver drove to the fire station a few blocks away and asked for help. the man trapped inside the truck injured his shoulder and was taken to the hospital. firefighters say the man could have been k

our international correspondent hans nichols joins us from berlin.umber that it may be north. 5800 jobs. that is how many they cut in 2009. microsoft's of workforce. he had this big mission statement. he talked about the importance of mobile and cloud computing. he has to figure out how to consolidate some of their workforces. 30,000 workers from nokia. 127,000 workers across the globe. headquarters, most of their workers -- they could mean fewer jobs and united kingdom. microsoft is still a very profitable company. it is part of a larger trend. microsoft still prints money. we will see how much money they printed in the last quarter. >> how much of this is about absorbing nokia? >> some of this is nokia, but it is also about -- before, microsoft would have planning, testers, and the actual developers. they are thinking about having the program developers for the cloud develop the program and fix any bugs. this is not all about nokia. this is about streamlining their testing process and leading to some job cuts. down a fair bit today. what is the sto

. >> beautiful red garlic from nichols' farm run outside of chicago. >> >> they're so tender.re really small. imprinting to do is what you're doing how long do you do that? >> ' george all this off. it is a key step that a lot of people miss. tell me how you're going to make you make dishes for the people at this fund-raiser. people from all over the country. every chef has a table. you do not know which if you're going to get. h.f. is going to cook a four course meal for you're in front >> august 11th. a lovely setting as well. outside in the south garden which is right on south jackson chicago. beautiful trees. this is absolutely the perfect setting. there are some tickets available as well. i think it is only the individual tickets that are available. >> the last thing that we had was we had some lobster. >> real tiny pieces of lobster >> that is really it. this is not ' and eats cheese. it is good just like it is. it is ready to serve. i also put a little bit of fresh basil with it. you have all flavors of summer. at the very end some extra virgin olive oil. we are ready t