why am i buying philips lightning -- philips lighting?ause it you're going to give me a nice dividend? . chris philips lighting is a company that has a very strong leadership in the lighting philips -- eric oh lighting is a company that has a very strong leadership in the lighting industry. we have a very strong brand. we have a fantastic -- to innovate. we are connected to customers who trust us. from theh is coming competitive advantages. guy: i should think of you as a growth stock, right? eric: when you look at the company, we would be seeing technically as an income or value stock. our plan has been declining because we have a [indiscernible] which is still conventional. there are many parts of the company that are still growing. -- we turn into a growth profile. guy: just another quick question. your relationship with the parent company philips, we have seen other leading companies being spun out and that relationship being very difficult. what is your relationship going to be like? how much management latitude are you going to have

philip: that is correct. we should have ever looked at oil as a proxy for global economic growth. we are not able to get good natures being consumed or produced contemporaneously. tom: what is the lifting cost for oil? i talk with bloomberg intelligence about this all the time. what is the basic cost to get this stuff out of the ground? philip: probably $50-$20 per barrel. tom: that low? philip: what has happened is the technology of fracking is rising costs down. ise you have drilled, it $50-$20 per barrel. companies will keep producing as they have financial problems. tom: we have much more to talk about. we will talk about the american consumer, the massive shift in retail dynamics. on bloomberg radio, the undersecretary for trade. futures, let's call it flat. good morning. ♪ tom: good morning, everyone. bloomberg surveillance. i am tom keene. we are pleased to bring you verlegerman and philip . investment has not been there in america. when does it light up? i don't think anytime soon. the big drag is pro

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philip: thank you.p:announcer:announcer: bernie sanders won the democratic primary in west virginia, making it the 19th primary or caucus the candidate has won. side, donaldican trump has won both of tonight's primaries. next week, kentucky hosts its democratic presidential primary. >> c-span.org is a video-rich complement to your viewing. most of our government-related programs like the house, senate, and congressional hearing stream live on the site, so if you are away from your television, you can watch in your desktop, laptop, smartphone, or tablet. c-span archives all of its programs online in the video library. if you miss an episode of "washington journal" or any program, find it online and watch it at your convenience. the c-span video library contains more than 200,000 hours of c-span programs, and its powerful search engine helps you find programs going back many years. to watch on your television, c-span publishes its on her schedule for its networks and the radio station. servicerg is a publ

a man named a philip randolph, the initial a philip randolph, a philip randolph was extremely he said to african-american men, fight for freedom. if you go off and fight for freedom for this country, they simply cannot take away your freedom when you get home. he helped to institute something called the double v campaign. v as in victory. it basically said victory overseas and equality at home. you cannot expect the united states of america to give you your freedom, your quality, earn it. the message was, victory overseas and equality at home. the doublev campaign was put into place to help encourage african-american men and women to do their part to during the war. it was randolph who convinced fdr he needed to stop racial discrimination in job programs -- in new deal job programs. he also went to fdr and he said, this double v campaign, understand we are willing to fight for our country, but we expect you to fight for us when we get back. african-american men served tirelessly in the united states military. african-american women did their part as well, believe me. we are going to t

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i was teaching at cornell, and philip came up. he was awaiting sentencing for a prior action in 1967 in baltimore, where they poured their blood on draft files in the city. and he came up to cornell and announced to me very coolly that he and others were going to do it again. i was blown away by the courage, and the effrontery, really, of my brother, in not really just submitting to the prior conviction, but saying, "we've got to underscore the first action with another one." and he says, "you're invited." so i swallowed hard and said, "give me a few days. i want to talk about pro and cons of doing a thing like this." so when i started meditating and putting down reasons to do it and reasons not to do it, it became quite clear that the option and the invitation were outweighing everything else and that i had to go ahead with him. so i notified him that i was in. and we did it. amy: now, this was after you had been to north vietnam. >> right. this was may of 1968, and i had been in hanoi in late january, early february of that year

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loom leds is still owned by philips. not part of philips lighting so it has been a long time. yes the shares have rallied a little from that 20 euros share price ipo. but let's face it. raw philips still owns something something something. other concerns about low cost rivals and the product and china etc. if you add in debt it has enterprise value shy of 5 billion euros. he seemed pleased with the deal and how it lets the company go forward as a stand alone lighting company. let's listen in to eric ronda larks t. >> a special day in the history of innovation and global leadership that started 125 years ago. i can tell you we invented. we technology districted the world by doing something. and today when we are having the birth of our new company we can make another revolution. >> straight to the crux of it, 1891, i know the heritage. i know what edison did with ge and how fantastic that battle has been between ge --. but your product, i'm going to say this. i think the product of led lighting philips and the rest is fantastic. the problem is who's going need the next one if y

the cheryl and philip milstein family. the citi foundation. supporting innovation and enabling urban progress. the john and helen glessner family trust. supporting trustworthy journalism that informs and inspires. sue and edgar wachenheim, iii. corporate funding is provided by mutual of america-- designing customized individual and group retirement products. that's why we are your retirement company. additional support has been provided by: and by the corporation for public broadcasting, and by contributions to your pbs station from viewers like you. thank you. from the tisch wnet studios at lincoln center in new york, lisa desjardins. >> desjardins: good evening, and thanks for joining us. it is a night of tense watching and waiting as war with the islamic state group appears to be escalating on two fronts tonight-- in syria and in iraq. isis militants are advancing in syria, in what the syrian observatory for human rights says is the group's biggest offensive in two years near syria's border with turkey. isis also gained ground today near th

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philip: not at all.carlet: we saw them treating it as a tool for growth, specifically china's appetite. philip: trading is a proxy for crude. i thought the stories, and they were moving together. but this is a correlation that was therefore a wild. i don't think i see anything, i have been doing this for 40 years, not going into its economic activity. joe: as you said at the beginning, it is a mainly a supply story. are there any demand decides that are important? if tomorrow when the data come out, everyone will say u.s. ethylene consumption is up 5% or 6%. the numbers when you dig into them are 1% or 2%. i think the oil demand is up a little. a supply story. demand will come back, but we are not consuming as much oil and gasoline. when you look at the figures that came out last week, and gas station sales, that pointed to a lower sales number. eta --blem with the doe doe data. do you have a sense of where will bought a mac? -- bottom at? philip: you see the doe numbers and read the state numbers from n

earlier i spoke to our correspondent in washington, philip crowther, and asked him whether john kasich has definitively left the race. philip: john kasich never had a real path to victory or the nomination and it is about time he got out of the race, according to many republicans and certainly according to donald trump. to be expected these 2 the last remaining in the race, but after the departure of ted cruz, senator from texas, it was only a matter of time before donald trump was left of the only one and never more so, the presumptive nominee. he was called that by the chairman of the republican party yesterday after his win in indiana. this makes an ever more so the presumptive nominee. donald trump isn't yet officially the nominee. he will still have to get to that grand total of delegates that he hasn't achieved just yet. but the path is very clear for him now. catherine: philip, it looks like it will be trump versus clinton, hillary clinton for the .emocrats she said just now that the u.s. cannot take a risk on a loose cannon like donald trump. this could be an interesting choice

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the cheryl and philip milstein family. the citi foundation. supporting innovation and enabling urban progress. the john and helen glessner family trust. supporting trustworthy journalism that informs and inspires. sue and edgar wachenheim, iii. corporate funding is provided by mutual of america-- designing customized individual and group retirement products. that's why we are your retirement company. additional support has been provided by: and by the corporation for public broadcasting, and by contributions to your pbs station from viewers like you. thank you. from the tisch wnet studios at lincoln center in new york, soledad o'brien. >> o'brien: hello and thanks for joining us. a pivotal presidential primary in the republican race for white house is two days away, in indiana. of 10 states left to vote, indiana is the largest delegate prize left until the last primary, in california, in june. in indiana, the republican winner will take most of the state's 57 republican delegates. new york businessman donald trump is aiming to stretch his 430

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philip, thank you so much.eciate you joining me. >> thank you for having me. >>> coming up, democrat bernie sanders still faces an uphill delegate math, even after winning indiana. so what is the strategy for the sanders campaign? up next i'll talk live with officials from both the sanders and clinton campaigns. some of their top advisers joining us after a quick break. you live life your way. we can help you retire your way, too. financial guidance while you're mastering life. from chase. so you can. financial guidance while you're mastering life. i have an orc-o-gram we for an "owen."e. that's me. ♪ you should hire stacy drew. ♪ ♪ she wants to change the world with you. ♪ ♪ she can program jet engines to talk and such. ♪ ♪ her biggest weakness is she cares too much. ♪ thank you. my friend really wants a job at ge. mine too. ♪ i'm a wise elf from a far off shire. ♪ and sanjay patel is who you should hire. ♪ thank you. seriously though, stacy went to a great school and she's really loyal. you should give her a

philips lifeline.ed by more than 200,000 healthcare professionals and serve more than 7 million seniors. i'm proud to wear my philips lifeline. shows that i'm smart enough to take care of myself. innovation and you. philips lifeline. with philips lifeline you get fast, easy access to help 24 hours a day, 365 days a year. stay in your own home and keep doing what's important to you. get a philips lifeline today. tale of the tapes. donald trump denying he posed as his own publicist in a telephone interview. >> he's a good guy. he's not going to hurt anybody. >> he acknowledged similar masquerading. an expert says he is fairly certain it is trump. is the presumptive gop nominee telling the truth? proposing suggestions, trump finding flexibility on key issues, including the ban on muslims from entering the united states. he says until he is president, it is only a suggestion. is he walking back on one of the cornerstones of his campaign? >>> foundation trouble. questions swirl around the clinton foundation

philips lifeline.line has been recommended by more than 200,000 healthcare professionals and serve more than 7 million seniors. i'm proud to wear my philips lifeline. shows that i'm smart enough to take care of myself. innovation and you. philips lifeline. with philips lifeline you get fast, easy access to help 24 hours a day, 365 days a year. stay in your own home and keep doing what's important to you. get a philips lifeline today. >>> you're watching cnn. i'm brooke baldwin. welcome back. remember how we talked so much about the risk of chaos and violence ahead of the republican national convention in cleveland? well, today is the day we're talking about the democrat who is are the ones worried. members of the nevada democratic party filed a formal come paint about how they fear violence at the national convention for them in philadelphia. this is specifically a response to what happened at the nevada state democratic convention. >> she did not vote for forum. she closed down and walked out. this me

philips lifeline.ilips lifeline has been recommended by more than 200,000 healthcare professionals and serve more than 7 million seniors. i'm proud to wear my philips lifeline. shows that i'm smart enough to take care of myself. innovation and you. philips lifeline. with philips lifeline you get fast, easy access to help 24 hours a day, 365 days a year. stay in your own home and keep doing what's important to you. get a philips lifeline today. >>> welcome back. you're watching cnn. i'm brooke baldwin. news just into us here. mitt romney is giving up hope of finding someone to launch a third-party bid against donald trump. a source familiar with romney's thinking tells cnn that the 2012 presidential nominee is not actively recruiting anyone for the third-party bid. as we've been talking about, you know, reportedly had reached out to nevada senator ben sasse and trump's former rival ohio governor john kasich. they have both said no. so let's begin there with cnn's chief political correspondent dana bash

some of the owners including philip wrigley -- you may have heard of philip wrigley -- chewing gum, wrigley chewing gum and, of course, if you're a baseball fan, wrigley field. philip wrigley was concerned baseball was going under. in fact, there was even a discussion whether they should play baseball during the war. in a letter written by fdr, he said, no, it's important that we play. it's crucial that we play baseball. that's what these guys are fighting for. they're fighting for the memory of that. and what that means to this country. so philip wrigley together with some other owners came up with the idea what if we start a women's baseball league. a little context here. women's softball was extremely popular. extremely popular. women's softball brought in more fans than minor league baseball in the midwest. that's softball. so wrigley said what if we take some of these ballparks that are minor league ballparks. they're empty. let's create a professional softball league. women's softball league. it will get some attendance to some of these fields. they'll make a little money. and it will

saidutgoing glenn stevens of philip lowe he is the job.let us take a look at some of the other stories. have a look at an australian bank that makes two thirds of its money overseas. yvonne: macquarie shares, has seen a rise in its shares. 29% jump in full gear profits. net income number rose to a record $1.5 billion for the year that ended in march. this is because of a boost from what the business was relying on which was asset management and lending units. s to expand the business and shield the firm's earnings from trading. he is gaining from investors there's for assets with stable yields. the bank faces some challenges from rising defaults on rising -- on mortgages and the strengthening aussie dollar. about $2.40.d for looking ahead to the u.s. payroll later today, markets will be watching closely to see if the jobs machine remains well tuned and running. april's report signals it will stay that way with employers forecasting to add 200,000 jobs. the jobless rate is expected to 4.9% which isto close to the feds definition of full emp

vo on cam hace apenas tremeses q el ofial philip whe volvio unirse a la fuerza policial de san jose trasr dpedido en oubre pasado despues de que sus tweets salieran a la luz... uno de ellos, enviado durante las protestas bajo el estandarte de que "las vidas negras importan" respondia a unaamenaza emitida contra su familia y su persona.... el tweet fue enviado eingle pero tducido al eanol diria lo siguiente: grafico "si me amenazas mi o ai famia utilizare ederecho qme ha dado dios y la obligacion queme da la ley de matarte" "threaten me or my family and i will u my god-giv and law-appointed right and duty to kill you" foto el oficial dice que reconoce quesus accies fueron inapropiadas... take sot/vo "recibi una amena uno de mis sitios de trabajo....senalo agregando posteriormente que nunca quizexcusar s acciones...las cuales cificocomo inapropiadas... " paola on cam el oficial white ya se ha diuado con el je de policia y lideres comunitarios...anoche tambien leenvio una carta de disculpa aladministrador de la ciudad... la pregunta, es si esta sera suficiente... conoceremos la respuesta es

anchor: philip. think agreement.tish prime minister david cameron has shown progress in pursuing corrupt individuals, this is after an anticorruption summit in london today. he announced that a handful of countries would join great britain in making registers to show who really owns companies. he says that beating corruption would solve many world problems. >> transparency international's latest figures list afghanistan from second on bottom of the list of corrupt countries. the president of afghanistan says the right against -- the fight against corruption is for the long haul and they will cut down on those who are passing drug money from afghanistan. >> it is for you and all of europe to go after the drug money. the u.n. test out of $500 billion -- out of $500 billion that was found, there has been a prosecution. reporter: nigeria is ranked on the same index. it has appealed to develop countries to help track funds that are coming out of the country. focusing on the oil sector. >> we want to create a structure and

royal philips raised $859 million in an ipo. company in amsterdam after failing to sell it privately. tech companies have an insatiable demand for bandwidth. two of the largest are teaming up on a big intercontinental project. microsoft and facebook built a 41 mile undersea cable stretching from virginia to spain. deliver faster online and cloud services to customers of both companies. it will be completed by the fall of 2017. that is the latest bloomberg business flash. companies are going on a bit of a worldwide borrowing binge . nonfinancial company debt will be in excess of 200 $36 billion -- $236 billion. we are seeing plenty of activity in europe on track for its busiest may ever. joining us now is sally bakewell .o why are companies borrowing so much right now? moment where in a we have some of the most favorable borrowing conditions on record. if you are a treasurer, you are looking around to see if you can borrow euros at 1%. you can borrow dollars at about 3%. you're going to want to lock in those kinds of rates for 5,

top of the list is philips lighting. it hundred $64 million. average move of all of the companies listed from their first day to today is 7.8%. just some of the data you can discover on this wonderful function, ipo . luxembourg-based satellite servers provider funded and acquisition of the rest of the satellite provider of three -- oc three. kettler says it is risky. we do not like it, it says. it cost its price target to 18 euros versus 26 euros. we are at 19 euros. the shares today, the biggest decline on the stoxx 600 down by 11%. shery: thank you. let's get to bloomberg first ws.d nee >> president obama has become the first sitting president to visit a city destroyed by a nuclear bomb in hiroshima, japan, and 1945. mr. obama said he was there to mourn the dead japanese and americans. obama: since that day, we have made choices that gave us hope. the united states and japan forged not only an alliance but a friendship. emma: japanese prime minister shinzo abe praised president obama for what he calls his third for coming to hiroshima. gl

so you also have plenty of support philip.e thank you for the time for telling us your story, with me there, virginia citizens defense league president. thanks, philip. >> thank you. deirdre: later this hour, we may be able to show you a rocket launch. elon musk's space transport company spacex is supposed to launch and reland the same rockets all starting in 30 minutes' time. the idea here, if the company perfects being able to reland, rockets can be reused and space travel cheaper and easier. >>> a scathing inspector general's report shows hillary clinton violated state department e-mail policy. she is doubling down that she followed the rules. comments she made in context from a few moments ago. one of the men behind the organization suing to find out the truth under the freedom of information act is with me next. and multi-layered security. it's how you stay connected to each other and to your customers. with centurylink you get advanced technology solutions, including an industry leading broadband network, and cloud and h

isis philips. she does not believe it was a mistake. "i feel like a lot of people looking up to me to find wh happened. and to see how to handle the situation. to std up for the people that do g discriminated against." school officials are looking into the matter... and say e used to be a student with the name s philips," who has since transferred schools. el nino rain isn't translatg to changes when it comes to war rationing across the state. governor brown has issued an executive order to pemanent continue mandatory restrict for california.. saying quo "drought conditions persist here's what that means. mony reports from cities on water usage will continue. there's still a ban on hosi down driveways and sidewalk as well as carwashing -- un the hose has a shiutoff noze and no watering lawns withi hours of rain. next week, the state water d will decide whether or not give local communites more leeway to set limits. time is 4-- here's roberta gonzales with a check of weather. it's hard not to smile watcg a tiny brown bear... gobblep gras

philip bump is sticking around. thank you, suzanne and michael. >>> up next, the question on every nervous democratic voter's mind. could all of what we just said actually be wrong and donald trump actually win? what history says about his chances in november. ♪ you live life your way. we can help you retire your way, too. financial guidance while you're mastering life. from chase. so you can. financial guidance while you're mastering life. but pantene is making my hair hairpractically unbreakable.ff. the new pro-v formula makes every inch stronger. so i can love my hair longer. strong is beautiful. pantene. put under a microscope, we can see all the bacteria that still exists. polident's unique micro clean formula works in just 3 minutes, killing 99.99% of odor causing bacteria. for a cleaner, fresher, brighter denture every day. when your symptoms start... distracting you? doctors recommend taking ...non-drowsy claritin every day of your allergy season. clitin provides powerful, non-drowsy 24 hour relief... for fe

a couple years ago, the clean andprince philip -- queen prince philip went in to get down, but somebodyressed the call, so it went up and set up and set of going down. when it opened, there were two cleaners waiting to get in. you can imagine the shock when the doors opened and there was the queen. but, they found a very amusing. >> it worked this morning, and that is the main thing. queen does come to the palace multiple times. lawrence: probably a couple of times a year. her when she wanted to look at her new window. >> we have seen four search in of arms over, but not the sergeant of arms. held a reception to the royal gallery. oncence: and met staff, for the state opening and for another event. differenty are quite events. lord michael: that window was members offor all parliament and the house of lords. it was a very personal gift from us to her majesty. daniel: the procession has arrived in the house of lords. they are now in the world gallery. the herald's are facing the robing room, the queen is in the robing room, then the imperial state crown -- it takes about queen toutes for

philip: well, i don't think a film festival should be the mainstream media.hink an independent film festival should be something that gives filmmakers an opportunity to express their views and thoughts without worrying about what, what sponsors, or what certain groups think. del: we're worried every time we get into a festival, every time we get into a theater, that it will buckle under the pressure. i think most of this is just sort of hired bloggers that try to scare a theater. they'll say that there's going to be picketing, there's going to be violence. none of it happens. i mean, if you look around here, there's no picketers. everybody's totally peaceful. so i think it's mostly imaginary. sharyl: a lot of them think this is the very place where alternate viewpoints, and maybe minority viewpoints, should be heard. prof. aufderheide: i'm all for a range of viewpoints, that's terrific. i'm not for deliberate misinformation on something that is a settled issue. sharyl: "vaxxed" has been cancelled, under pressure, from additional venues, but also picked up by