>> guest: paypal, i think, the events of this book and in 2017 approximately and go approximately two3-2014. paypal had long been away for some fiber criminals to take their money out of been able to establish an account very quickly and with money but bitcoin was much more influential in terms of giving people a way to have these transactions, illicit transactions and the way it works is you have a bitcoin wallet and someone can hold it but your identity is effectually private and as long as you know that account number you can move money without it being traceab traceable. for criminal activities this has been one of those clear ways to move money and a lot of people are skeptical about bitcoin because it's difficult sometimes because it's so volatile in the prices going up and down there does not seem to be far more reason as to why it's always going up and down. there is a lot of stick about why people are investing in buying bitcoin must want to hide something. i don't necessarily think that's true but it certainly has been a major driver of significant criminal activities and no

paypal and bitcoin. what are their roles when it comes to hacking? guest: so paypal i think, you know, the events of this book and in 2017, approximately, and go from 2013-2017. paypal had long been away for some cyber criminals to keep their money out of, you know, being able to establish an account very quickly and move money. but bitcoin was much more influential in terms of giving people a way to have these transactions, embassy transactions. so the way it works is you can have bitcoin wallet and someone else can hold it, but your identity is essentially private. as long as you know that account number, you can move money without it being traceable. so for criminal activities this has been one of the premier ways they move money and a lot of people are skeptical about bitcoin because difficult sometimes because it's so volatile and a price as i was going. that doesn't seem to be much rhyme or reason as to why the price is always going up and down. there's a lot of speculation as to why people investing, why are you buying that going unless you wa

like i've got cash out paypal -- >> sorry.ou probably want to take a build in the house. >> okay. >> is there you support reparations i'm l curious if i can get my money now. cash now i have -- >> looking for the legislation. i have looked at the proposal. okay now is there any way can i have my money now? >> no. >> not now noting right now. so how's it going to work for you? >> what i propose is a plan where there was a 30 to 50 people -- 30 to 50 on reparation scale. you were a member -- of a people where there has been historical oppression the fact that you got out doesn't whoopie that the way any people continue to survive is not enough individual to get out. >> do you support reparation? correct? >> h440 now. have you read the bill? >> i have. is it black american who doesn't support reparation i'm afraid that the people who are race hustling for black votes in the past are going to get that money and not going to get into the hapgdz of the people so what would you say to that? >> i think this conversation needs to have

you throw paypal in there. you can paypal will grow faster than fis fis probably over the long term grees faster there is all different degrees i this city valuation discount doesn't make a lot of sense. >> i owned this stock coming out of the financial crisis and owned it about 5 years it was a home run. run by a game foley at the time no longer there. this company has a long track record of making a lot of money. i haven't looked at it in a while, steph, you are inciting me to do so. ive think it will be a winner. >> have we addressed the paypal more specifically? you said it did well still selling it >> i made money in it. i felt last quarter they slipped. clearly, they had contracts slip and they didn't execute as well and at the time i was trading 35 times forward. that's a big rich. i have no problem getting back into it if it were to pull back. i think this fis story is a nice one. it's a defensive one, and not as much volatility. in this environment it's nice to have that as well. >> one square in 62? >

at 70%mpares to paypal's of merchants except them.going to be a bit of an uphill battle for them. since they are going to be focusing on that and not doing the in person experience maybe they will have more luck. shery: jp morgan still investing on those tech initiatives. $11hey spend more than billion a year on tech. a large portion is on these new tech experiments. earlier this year we saw that they rolled out jp morgan coin which is not for consumer payments but it's another way they are trying to revolutionize the payment space and speed up payments between companies. they pulled the plug on and this is the third thing we have seen them do it on recently. most companies i've been watching have been afraid to say this isn't working. with them it seems like someone is saying this doesn't have results, let's move on and try something new. amanda: chase also bailed on its affinity card market in canada. it sort of feels like this is a whole area that's not going well for them. is it time for companies like chase to say apple is just g

vonnie: how did you manage to replace paypal. have done it for ebay, is there any limit to the amount of business and customers you can take on? you're already the payment processor for cooper, for er, spotify,or ub how are you grabbing this market? >> there is always the question of how far you can go. we look at it differently because we are in more and more markets. we are moving in different indices -- industries because we can do not only online but also the in-store. in retail things are changing the way consumers are shopping but the services they expect. merchants are responding to that and we can help them take the hurtles out of that. it is convenient for consumers to buy and return in-store. -- market is reprising increasing through all sorts of tailwinds. the shift from cash to cards. the shift to international. we do not feel it is a finite customer base. it seems unlimited. there are nonie: barriers to entry, so unless you squeeze your own margins, you are not doing anything different unless you have some secret sau

paypal and bitcoin. what are their goals when it comes to hacking? kate: paypal, i think -- the events of this book and in 2017 approximately and go from 2013 to 2017. way forad long been a some cyber criminals to keep -- being able to establish an account quickly and move money, but bitcoin was much more influential in terms of giving people a way to have these transactions -- illicit transactions, so the way it works is, you can have a bitcoin wallet and someone else can hold it but your identity is essentially private, and as long as you know the account number, you can move money without it being traceable. for criminal activities, this has been one of the premier ways they move money kate: a lot of people are skeptical about bitcoin because it is so volatile and the price is always going up and down. there's a lot of speculation as to where people investing? and why are you buying bitcoin unless you want to hide something. i do not this is really think that is true. that it has been a major driver of significant criminal activity , not just cybe

dan from new jersey, your thoughts on going long paypal. >> i think paypal has come down from the toput the truth i like mastercard more after the acquisition. you won't go wrong with paypal if you get it in the 90s that is a home run. >> what are your thoughts on ccl. >> ccl, i don't know why it is continuing to go down but i like royal caribbean and they are doing better >> jim, thanks for having us, i'm dave from hoboken. the celestial hane -- >> i have no catalyst whatsoever you just don't i would rather tell you that food group is very tough kellogg is better. yes. >> i'm from knoxville tennessee and wondering your thoughts on the software and data of fact set. >> good. really good. very smart. >> sell, buy. >> oh, no, buy and talk about it and it is like i'll give you that one and very good these are great big tech companies that we like. >> jim, big booyah, dan from westchester in new york and hearing about the online book company cheg. >> they were at three and the ceo came on our show and told a positive story and we told people to buy the stock and we're sticking by for the

>> no. >> i have cash app paypal venmo i have everything else. >> hello -- hello is that possible?g>> debt free college -- >> i don't support cash reparation so if i ask you money now? >> you support rep -- can i have my money now? doy you support reparation can i have my money now? >> mr. perez is there any way can i have the money now? are the reparations something that we can get now is it going to be like a cash payment or do you have any answer for the reparation? >> so i should call you about reparations? >> call us later we'll talk. j call you about -- >> i want to see and health care too. >> about health care too. okay perfect. all right thank you and reparations. great. rob smith joins me now. all right good job out there. >> all right. thankig you my part was didn't look like anybody knew who kristin gillibrand was with a sun dress and hat and no one around her so we shot this over two days at and they dide fair a stomp speech but trying to run around and s hide from the peope there. >> she was hiding pretty well. >> so yang ran away and couldn't get away fromm me fast en

it is like amazon, ebay, paypal and twitter rolled into one and they increase revenues by a lot comparedtimates. with a two—thirds market share and they continue to grow. strength to strength. a private financial investigator who flagged warnings about bernard madoff‘s $65 billion ponzi scheme is now targeting one of america's blue chip companies. harry markopolos has claimed that general electric is hiding an accounting scandal, sending its shares tumbling. ge strenuously denies the claims. samira hussain has more from new york. this man causes of a forensic —— forensic accountant. his hiding losses in his insurance business. general electric has countered those games: the meritless, misguided and self—serving, speculation. nevertheless, the shares fell by 15% at one point on thursday and it's a clear sign that investors are worried. and they are worried quite possibly because of the source of information. as a track record of highlighting financial misdeeds, most recently he was the whistleblower who uncovered a $65 million scheme. the largest case of financial fraud million scheme. th

alibaba is like amazon, paypal, and twitter all rolled into one.ud computing service and wants to expand its business to business service in the us. the big risk is the trade war. the expansion plan into the us has become a lot more difficult lately. we can expect a nalysts to difficult lately. we can expect analysts to break down the numbers of alibaba when they are released later today. thank you mariko oi. the world‘s largest retailer reporting earnings on thursday as the trade war continues. investors will be continuing to see how the growing cost of chinese imports will impact walmart‘s profitability. it is also a unique focus on walmart‘s position as the leading gun retailer in the us in the wake of recent mass shootings. for a retail company like walmart, these tariffs are not good for business. two walmart‘s credit, it has been able to protect itself from big hits to the bottom line by planning ahead and stockpiling inventory. investors will want to hear how the country will continue to deal with a trade war that won‘t end anytime soon —— c

i think square and paypal will be great investment.ot in the near term but over the next year or so. emily: michael, let's talk about the near term. what happens the next few days? michael: we are going into some uncharted territories. you can see it go below 100 basis points. points. under 50 basis you have to be prepared for one more of these volatile augusts. it doesn't mean you have to rush but youy utilities, have to be thoughtful in picking your spots and where to be. conditions,g global gold miners i think still have a , especially how strongly gold has been last couple of months. we willichael purves, have to leave it there. tallbacken capital. and michael, thank you. semiconductors, the worst day of the year. a closer look at how the chipmakers are being hit by u.s.-china trade tensions. this is bloomberg. ♪ earlier, we mentioned financial markets buckled after china escalated the trade war with the united states. semiconductor stocks felt the heat and tumbled. the semiconductor index down for its fifth straight day, its longe

alibaba, which is like amazon, paypal and twitter rolled into one, has a growing cloud computing servicennounced its expanding its business—to—business service in the us. -- it is. $24 trillion, and alibaba wants a slice of that pie. meanwhile, walmart is proving it can do business on the high street and online. the company's e—commerce sales increased a1% in the last four quarters. it's also added 2,000 new brands to the website in recent months which has been a boost to profits as well as helping it take on rival amazon. but the big risk factor for both is the trade war between the us and china. alibaba wants to expand into the us which has become more difficult as the trade war rages and walmart relies on chinese imports to stock its shelves, so if those prices go up the company will have to decide whether to absorb the cost or pass it on to customers. samira hussain reports from new york. for a retail company like walmart, these tariffs are not good for business. walmart‘s credit, however, has been able to protect itself from big hits to its online by planning ahead and stockpiling i

my sister is now going to call me like, i have paypal too.it's the one inspired by dentists... with the round brush head. oral-b's gentle rounded brush head removes more plaque along the gumline... for cleaner teeth and healthier gums. oral-b. brush like a pro. ♪ ♪ >>> "skinny bonus round." you can tell from that music. halle berry! we're celebrating halle berry this morning. >> the actress is celebrating her 53rd birthday by showing some skin and it will make you say, halle berry, halle berry! we had to cover it up. >> censored. >> the academy award winner posted this photo on instagram in a wet t-shirt that says, no bra club. uh-huh. sit on that for a minute. across the front she captioned the b-day pic, leveled up circa '66. >> several a-listers commented on the post from viola davis to ciara to jada pinkett smith. >> all the goals. love it. >> all the goals. you go, halle. >> you go, halle. >> 53 years young and looking half your age. >>> next to some other famous faces who haven't won any oscars like halle berry but they have an ncaa tit

lies,"ack to "kingdom of to other items come into play, paypal and bitcoin. what are their roles when it comes to hacking? the events of this in 2017,in 2017 -- end and go from 2013 to 2017. foral has long been a way some cyber criminals to keep their money, being able to establish account quickly -- establish an account quickly and move money, but bitcoin was much ofe influential in terms giving people a way to have these illicit transactions. the way it works is, you can have a bitcoin wallet and somebody else can hold it, but your identity is essentially private. as long as you know that account number, you can move money without it being traceable. so for criminal activities, this has been one of the premier ways they move money. a lot of people are really skeptical about bitcoin, because it is difficult sometimes because it is so volatile, and the price is always going up and down, and there doesn't seem to be much rhyme or reason why the price is going up and down. there is a lot of speculation, why are people investing, why are you buying bitcoin unles

the venture captain list and the founder of paypal recently wrote an op-ed on the relationship betweenand china and questions where google's loyalties lie. he explained it all to me in this exclusive interview. >> the crux of the argument is that the crown jewels of google's r&d effort are the a.i., artificial intelligence, technology. and this, you know, a.i. means a lot of different things, can be used in a lot of different ways, but it clearly has a lot of military applications for processing satellite images, helping create processed data, you know, automating drone warfare, cyber warfare. there are all these ways that a.i. is a dual use thing like a nuclear technology has both military and civilian uses. there was a project maven contract that google was a part of where it was supplying this a.i. technology to u.s. military. it pulled out from that as a result of, you know, employee protests inside google. at the same time, google has -- it's been a major research a.i. lab in china each though it's not working directly with the chinese military, in effect, all the technology gets

. >>> flames near paypal headquarters. the quick work to put out this fire. >>> the me domestic terrorism investigation into the shooting. >> h list of potential targets. the details we are learning about the gilroy gunman. >>> gilroy, el paso and dayton, all these communities sharing the pain, here at home there are new developments in gilroy. the teenage gunman had a hit list. the fbi is investigating this as a domestic terrorism case. >> we hear from his family for the first time since this tragedy. we have a team of reporters working all angles of the story. >> reporter: more than one week after the shooting, the fbi has wrapped up operations here. you can see it's still not open to the public. the fbi confirmed today not only did the shooter plan to target the garlic festival, but he was also considering other possible targets nationwide, including religious and political groups. this

if you look at some of the pressure paypal has been under, it doesn't surprise me to see square is painted with a brush, and in fact it is a higher multiple of square i was bullish on this stock going into this to be clear, and i think it is a great company with growth ahead. >>> our next guest says now could be the perfect time to get in on square veteran tech investor and portfolio manager of the wire x fund paul meeks joins us by phone. you are not put off by what you got from square? >> i'm clearly put off by what happened in the most recent quarter and, frankly, their current guidance as well i was on that conference call, participating yesterday. technically because the stock has on huge volume plunged not just below the 50-day but the 200-day, hey, this stock could go back to where it was trading as recently as the beginning of june, which is not the $64 revised price target on the sale side today but actually $60. so there's some down side risk however, over the long-term, you know, just as some of the folks on the desk have just said, i do like it and i like to buy stocks, you kno

. >> every time there's a donation on paypal, whether it's $10 or $10,000, i get an e-mail. ding, ding, ding. in one morning i had 366 e-mails. >> reporter: some are large. >> biggest donation is $250,000. >> reporter: who was that from? >> that's anonymous. >> reporter: to dozens of lemonade stands. >> just so that they know people are always there for them. >> reporter: this one at the sunrise fire station raised $3,000 in two hours. and local businesses trying to help like straw hat pizza. last wednesday they raised $10,000. >> we're aragedy like that brin everybody together from the first day that lasts two sundays ago, we've been making pizzas and donating a lot of pizzas. >> reporter: the gilroy foundation is disbursing the this week victims can fill out applications for medical bills and other needs. they hope the turnaround will take less than ten days. every penny is going to the victims. >> you're doing something positive and doing something good for their community. >> reporter: gilroy, a community where they don't just put up a sign and wear a t-shirt. they show

the fence act and is expected to face trial next year he kinds it was his cheating the strike team paypal to make the documents public. i've got a few tricks up my sleeve it's worth having a go i might fail but i'll be happy in jail if i've tried what among the instance reported in the so-called afghan files where the killing of a civilian man and his son joining a raid where reason ledge they were shot by mistake in another case an afghan detainees were shot dead while he was alone with an australian soldier they've macbride kind of 40 king information to the media and tried to bring it to the attention of officials but his efforts were in vain when we discussed the issue with former cia officer turned whistle blower john kerry acting. it's ready so typical it's so common in places like the united states the u.k. australia really the 5 eyes countries to attack the whistleblower rather than to address the crime and to punish those who committed the crime there ought to be hard and fast whistleblower protection laws there are in many countries there is not even in australia but there reall

dozens of young and frail paypal of board of finance have already been allowed to shore neatly this weekend. but south bay me out to take the obvious would send a wrong signal caught on film but. it's a maritime standoff that's lasted for weeks now. at risk the safety of a 100 people aboard the spanish best so. while the german government meanwhile is calling on the youth to restart naval missions for rescue operations in the mediterranean for more on this i'm joined by hans froth from the political desk good morning what is the german government want to see to prevent these types of all to regular crisis situations the german government basically is pushing for an e.u. mission again to pick up people in the mediterranean who are in need we must remember there was a. european mission until you have the cia until spring this year the mission called sophia which basically was canceled because of the italian government refused to participate in. any food after this current italian government came into power and knowledge the german government is pushing for a renewed e.u. mission but i think w

what we are seeing under the surface is stalling and rolling over in things like zen desk, twillo, paypal, workday, and crn. i'm just wondering whether at the end of the day, isn't it a final thing. there's the adage, they get the generals last. literally the generals hang out in the back so they shoot the people in the front of the line. they go after the big ones last, and this is the ultimate big one. so the question is can it continue just to be its own thing? until it can't. >> so there's a lot, mike, i want to get your take on first of all, whose side are you on in terms of the direction of microsoft? and how do you think dan's trade is structured? >> you know, i don't feel like the equities generally are behaving in a healthy manner here, and i'm pretty anxious about it, i have to say. of course, if that's the case and you are inclined to make a bullish bet despite that, this is a good way to do it and actually it's setting up in a way that's a little bit unusual. generally speaking, when you take a look at a very close call spread like the one dan's identified here in microsoft, i

alibaba — which is like amazon, paypal and twitter rolled into one — has a growing cloud computing services business—to—business service in the us. the american government estimates that type of service is worth nearly $24 trillion — and alibaba wants a slice of that pie. meanwhile, in the us walmart is proving it can do business on the high street and online. the company's e—commerce sales increased 41% in the last year. but the big risk factor for both is the trade war between the us and china. alibaba wants to expand into the us — which has become more difficult as the trade war rages — and walmart relies on chinese imports to stock its shelves, so if those prices go up the company will have to decide whether to absorb the cost or pass it on to customers. thanks, victoria. with us is alex wood, europe editor, forbes. nice to see you, alex. victoria outlining the key numbers. what do you think? i think for both these companies it is an interesting time point. a lot of strength on both sides. on the walmart side, i think it isa sides. on the walmart side, i think it is a company nearing t

investor peter thiel has been to the braided and shunned for his contrarian views from his early days on paypalhis early embrace of donald trump when his silicon valley peers were in favor of hillary quinton. -- of hillary clinton. now there is china, which peter thiel viewed as an economic wonder, but now he is stoking anti-chinese sentiment and stoking president trump's trade war. joining us is lizette chapman, covering the story for us. i remember doing an interview with peter thiel where he was praising the accomplishments of the chinese technology industry. how did we get to this? lizette: yes, that's right. it has been an evolution. like you said, he was one of the first to recognize the huge economic power that china has unleashed over the past decade. he looked at doing a number of investments there. investigating it for a while. but after we dug in and took a look at some of his holdings we found that he actually only placed bets on three chinese based technology startups. emily: so is this a sort of long developing theory? lizette: well, you could say that. some could also say he miss

it replace paypal as ebay's primary payment processor last year and services big tech companies likeify. bloomberg asked how the company plans to sustain its growth. >> if you look at this market, there's always a lot of pressure, like how far you can grow, are there enough merchants to pick up, and now you have all those large names. we look at it differently because we are responding internationally, so we are in more and more markets, but also what you see is we are moving in different industries because we can do not only online but also historic transactions. in retail, things are changing aredly, the ways consumers shopping and the sort of service they expect. merchants are responding to that, and we can really help in taking the hurdles out of that markets convenient, so are actually increasing or also to tailwinds to shift from cash to cards, the shift from merchant to selling internationally, so we do not feel it is a thing customer base. it seems unlimited one way. >> it's interesting because on the one hand, there really are no barriers to entry, so unless you squeeze your

if we were a marketplace selling shoes, we could plug in paypal use usps or dhl. things are available to clients and a lot of clients are run banked so we had to come up with a solution that was removed but compliant. that gave rise to financial that allows them to pay for goods to the marketplace. jason: walk me through how you go about building this. shoesnot like someone's or books that we are used to buying online and through those sorts of payment systems. ryan: the first 3.5 years of the company all very close with our clients. people were paying a flat fee to be on the software platform so we were not part of the transactions at all. what we found was it is not that institutions can serve in this companies, it is that there is a higher level of diligence. know your customer. we know thet was businesses they do. we know the individuals behind the company's and so we take advantage of all the things that only we have in the leading marketplace to provide them to banks and institutions that lessens the amount of manual workings. jason: how did you get this ide

for example, if we were a marketplace selling shoes, we could plug in paypal or dhs. are available to our clients, so we had to come up with a solution that was somewhat removed but also compliant. that is what gave rise to leaf link financial. jason: walk me through how you even go about building something like this. as you say, it's not like selling shoes or books or anything we are used to buying. >> for us, the first three and a half years about being close with our clients. people were paying a flat fee to be on the platform, so we were transaction. the what we found was that it's not that banks and financial is as cancer cannabis companies, is that there is a higher level of due diligence. jason: know your customer. >> exactly. and we deeply know our customers and licenses, the individuals. so we have a solution that takes advantage of things that only we have to provide them to banks and institutions that lessen the amount of work they need to do to service these companies. jason: how did you get this idea? >> my cofounder and i am zach was at ebay for a bit. i

this is near paypal headquarters. firefighters were able to knock down the fire in an hour before it spread to buildings. the cause is unknown. witnesses tell us, it's likely started with a couch that was on fire. homeless people live in rvs in this area. officials at san jose airport kept a close eye on the fire. the smoke did not impact flights. >>> a memorial at an east bay intersection after a driver hit and killed a woman. the driver hit a 26-year-old woman in the crosswalk. it happened sunday night. the driver has been cooperating with police and won't be charged. people who live in the intersection say speeding cars and the lack of lighting at night is an issue for them. they are surprised more people haven't been hit. >> these lights have been here for 20 years maybe. they are embedded in the street. they are old. they need new ones. flashy signs and stuff. >> police say the last time that someone was killed at this intersection was in 2008. >>> uber and lyft are great options. here is the problem. all those c

andvalued at $5.5 billion it is challenging companies like paypal and square.icon valley beyond. that does it for this edition of bloomberg technology. we are livestreaming. you can find us there. follow our global breaking news network, tictoc, on twitter as well. this is bloomberg. ♪ hey! i'm bill slowsky jr., i live on my own now! i've got xfinity, because i like to live life in the fast lane. unlike my parents. you rambling about xfinity again? you're so cute when you get excited... anyways... i've got their app right here, i can troubleshoot. i can schedule a time for them to call me back, it's great! you have our number programmed in? ya i don't even know your phone anymore... excuse me?! what? i don't know your phone number. aw well. he doesn't know our phone number! you have our fax number, obviously... today's xfinity service. simple. easy. awesome. i'll pass. paul: welcome to daybreak australia. i'm paul allen. shery: i'm shery ahn in new york. sophie: i'm sophie kamaruddin in hong kong. we are counting down to asia's major market open. ♪ paul: here a

the payment option is paypal or bit coin. we have a website for secure booking.ck asking for the secure booking web sootsite and talk on the phone about the rental i never heard back. signs on every entrance to their house that read this property is not for rent. you may have responded to an ad in craigslist the you have been scammed, deceived into prepaying rent for this property by criminals. their home a respite from city life but not from the issues that sometimes go along with it. craigslist did not respond to my immediate request, but on its website lists tips for avoiding scams, including to never provide payment to someone you've not met in person and never rent sight unseen. that's a hard one. craigslist says be on the lookout for poor grammar or spelling in e-mails and a refusal to meet face-to-face to complete transaction. >> those are red flags for sure. >> the best tip i think we got was to ask for references. people who have rented previously and ask for photos. >> who they are and who they say they are. >> and hopefully there's no scam on that part

libra is amazon and paypal together in latin america, and they have a dominant share. -- in globant,nd the world in solutions. isn't the message these yournies are saying, that success is to go get revenue from outside argentina? that's why they've got the valuations they have. ricotta libra -- meanso libra literally free-market. they are committed to global markets, to working with customers around the world. globant is no different. the messages that argentina benefits when is it -- when it is open to commerce as much as possible. flourishednies have in the face of what has been, for the most part, a disastrous economic policy and the new century. the reason why they flourished is because they are designed to do business with people everywhere around the world. they are very much unlike some traditional argentine companies, where most of their customers, most of their employees are based in the country. these are companies that stand out, but this is come up by the way, the global economy works. companies that are multinational operating with distances everywhere are the companies

co-founder of paypal, sits on the board of paypal. pete: speaking truth. police offering $52,000 reward for information to curtis ray watson. he is suspected of killing a female corrections officer and escaping a tennessee prison on a tractor. investigators releasing these three mug shots showing what watson might look like with different hairstyles. watson was serving 15 years for a kidnapping charge. >>> drug and pesticide company bayer could pay billions to settle lawsuits tied to roundup weed killer. the company is facing 18,000 claims that allege the product causes cancer. bloomberg reports that bayer could pay $8 billion to settle. the company has not yet commented on the report. >>> remains of an american airman killed in the vietnam war are found and flown home. 52 years later. look at this touching moment at the dallas airport made even more special since that hero's son was the one flying the plane >> as you probably noticed, a little bit of activity going on on right side of the aircraft. he is taking one of our servicemen home to dallas. 52 yea

. >> you can send money back and forth through then more or paypal within your family. >> the premium$59.99 and there's a free version of the app with basic features. if my kids do chores, it's for free. i give them room and board. [ laughter ]i thouit sounded li great deal. >> that's part of living at the house. >> tell your kids, just do it! >>> if you have to hit the road race, just do it now because there are troubled spots that might slow you down. taking a look at the overall big picture, there are plenty of spots and on 680, down to 10 miles-an-hour due to a lane being blocked from an accident and it's blocked up pretty much out of pleasanton all the way through and beyond southbound on 680 and it will slow you down. to the carquinez bridge, there is an accident finally clear at cummings and that's great news for those from solano county. the slow lane approaching the san mateo bridge this morning, it is blocked, as well as the right hand shoulder, due to an accident at hesperian. slow and go at 880 trying to get on the bridge and some delays on the san mateo bridge with brake

. >> every time there's a donation on paypal, whether it's $10 or $10,000, i get an email. in one morning i had 366 emails. >>> this week victims can fill out applications for medical bills and other needs. the foundation says the turnaround will take less than ten days. >>> the new school year could begin with a teacher's strike in petaluma. instructors in the school district voted to hit the picketed lines after failing mediation efforts between the district in july. the district says it offered teachers a 3.5% raise. negotiations continued ahead of the first day of class on monday. teachers at forestville unified school district also voted to strike this week. >>> now to the debate over the naming of the new san francisco central subway stop. sfmta leaders are expected to vote tuesday on whether to call it in chinatown rose park station. she's the late political leader in the city. others say she was a bully who intimidated the chinese community. yesterday they were out fighting that proposal. in june, sfmta deadlocked on a decision to rename that stop. >>> dealing with

. >>> payment processor square getting declined, the company facing more competition from paypal anders. shares are currently down more than 14%. up next, one of retail's biggest lobbying groups lacing up its kicks to take on president trump's new tariffs. what's the man representing nike, skechers, crocks and other footwear giants is doing to keep your expenses from running off the charts. "countdown" coming right back. at comcast, we didn't build the nation's largest gig-speed network just to make businesses run faster. we built it to help them go beyond. because beyond risk... welcome to the neighborhood, guys. there is reward. ♪ ♪ beyond work and life... who else could he be? there is the moment. beyond technology... there is human ingenuity. ♪ ♪ every day, comcast business is helping businesses go beyond the expected, to do the extraordinary. take your business beyond. ♪ mmm, exactly!ug liberty mutual customizes your car insurance, so you only pay for what you need. nice! but uh, what's up with your partner? oh! we just spend all day telling everyone how we customize car insuran