>> quinn: oh, i'm still a little bit shaky. >> eric: hmm. i'll be steady for you. >> quinn: i know.ou always are. [ sighs ] i can't believe somebody tried to shoot me. and i've been on my best behavior! at least i think i have been. i... i've been just going over and over in my head, who -- who did i upset? who did i make mad? and the only person i can come up with is katie, but... the gunshot-residue test cleared her, so... who wants me dead? >> bill: hmm. [ muffled ] so... how about we just turn this around... and, uh, do it all again? but for like, you know, six months or so? >> brooke: [ giggles ] it was an amazing honeymoon. but the dollar bill spencer i know wouldn't loaf around europe for six whole months. >> bill: yeah, he would, with you by his side... wife. [ brooke chuckles ] >> wyatt: ohh, kissy, kissy. >> liam: oh. >> brooke: oh, no! [ laughs ] >> bill: oh, really? >> liam: you know, guys, the honeymoon was over when you stepped foot in the building. >> bill: nah, honeymooners for life. >> brooke: [ sighs ] you know, liam could be right. it's time to get back to real li

quinn: i will say this. ofas very much in favor congresswoman lack burns bill because it does things that are most important to at&t. one is that everybody has to live under the same rules. in a world where you are seeing is this almost collide, you follow the website companies, that may be how google and these others started. there are way more website companies today. they look a lot like us. google has a video product in the marketplace. it won't be long before they have their own aggregated bundle of content that is not historic looking. all of these companies should operate under the same rules. that has in one of our main contentions all along. it is because it does not matter. who isn't matter collecting it. at the end of the day if we have rules around location i should have the same roles that google has or that amazon has or that facebook has. blackbirds bill says that. they put all that regulation in the federal trade commission. we will have the same rules and be in the same regulatory environmen

>> quinn: uh, yeah. i'm gonna get you a drink. >> eric: thank you. thank you, darling.ell, i love this. all my favorite people in my favorite room. >> quinn: i can't believe he invited her over here. [ sighs ] dinner was hell. now she's camped out for after-dinner drinks? [ scoffs ] she's watching us. she's always watching us. >> ridge: well, don't give her anything to see, and we're gonna be fine. >> quinn: [ sighs ] >> ridge: we didn't. >> quinn: we almost did. >> ridge: okay, just calm down. this isn't easy for me, either. >> eric: oh, wait. quinn, ridge, we were just talking, and i-i realized, uh, this is something everyone needs to hear. i didn't want to spoil dinner with it, but it's important, and it affects everybody in the family. thomas is gonna start working at spectra fashions. >> sy:

quinn, that's a lot of title. what does it entail? [laughter] >> guest: well, at at&t that would entail i run the regulatory shop for both the state and federal operations. you know, we do business in 50 states, so we have interactionings with state -- interactions with state commissions across the country where we have wireline operations, those interactions are pretty significant i also run the public policy organization, and i run both the tate and the federal legislative -- the state and the federal legislative efforts that we have in the united states. we also have international interests, as you are probably aware when we acquired directv, we acquired an ongoing satellite video business in latin america. based on recent investments, we've become a very larging wireless provider in mexico. we have ownership interest in the satellite business in mexico, and then we have our operations in europe where on an enterprise basis at&t kind of serves, for the most part, its corporate customers, and they do business all across the world. s

vonnie: from new york, i'm vonnie quinn.ean close on "bloomberg markets." ♪ mark: here are the top stories we are covering from the bloomberg and from around the world. and mixed in a jobs report for the u.s. economy. the unemployment rate a 16 year slowerntrasting with forecast hiring and wage growth. they don't obsess over one number. and then count down to elections in the u.k., polls show prime minister theresa may will likely fall short of a parliamentary majority, meanwhile, jeremy corbyn attacking the prime minister for her response to america's paris accord exit. and speaking of climate, everyone from world leaders to reacting to present at all trump's decision to leave the paris accord.

vonnie: i am vonnie quinn.s is bloomberg markets. time for futures in focus. droprasing its earlier kind of inventory data. it is getting higher. joining us from the cme is a senior analyst at lynn and associates. can we anticipate this bounce should hold? we do get inventories in a few minutes. >> we are looking for where does the market get traction? the market has been falling as the figure of opec has taken the market by surprise. gasoline prices are lower than at the beginning of the year. i do not recall that the current, so supplies are large but we are in a demand period and outlook for the market to gain traction in the $42 to $45 range, maybe back into the high 40's. not bullish. vonnie: but would drive it if we have not seen post memorial day bounces in prices and why should 4?happen post-july ira: i look at the demand cycle and say, all the bear news is coming into the market. we do not see any inventory draws of meaning. we need to get them. if you get them, you get your summer bounce. after that,

now over to vonnie quinn for bloomberg markets. this is bloomberg markets. >> i am vonnie quinn in new york. >> in london, i am nejra cehic. let's check oil trading. >> we got oil prices tumbling this morning along with other commodities. that is the big move we are seeing in markets today as nymex crude falls below $33 a barrel now. not quite at low for the session, but indeed, tumbling to its lowest. the lowest since the u.s. elections. gasoline is also lower. upper futures are taking a hit. a relatively broad selloff within commodities. we have an uptick in libyan production. that pumping the most prudent for years. that is putting pressure on oil as is the build we saw last week in gasoline and crude oil. here in the united states. over to stocks, we see declines there as well. relatively modest ones for the dow and the s&p and the nasdaq, falling a third and a quarter of a percent respectively. they closed at records yesterday. if you look at the groups on the move, energy is responsible for the declines in the s&p 500. down b

with vonnie quinn.ve two days of gains for the stoxx 600 here the dax hidden record highs yesterday. the ftse's up -- ftse 100 up by .1%. bearishas moved above a ceiling, we see the stock #as well. keeping a close life -- close eye on sterling. down 1% now. after comments from the bank of , that he won'tr be raising a just rates anytime soon. we have seen cable hit the lowest level in more than a week. income space, we see the yields move lower along with sterling. down for basis points. look at the stoxx 600, break down the groups and see where the new -- where the movement is, it is the energy stocks underperforming. we have seen the oil and gas index hits the lowest since november 2016 and we are down almost 2% as wti and brent are heading submit can be lower. stocks following closely behind. commodity stocks getting pummeled in particular. much more red than green across the wheel today. .4%.enchmark down i was talking about the 10 year yield to we see the struggle a 1% today. 99 basis points. see t

vonnie: i am vonnie quinn. european close on "bloomberg markets." ♪ mark: just about to come out in the u.s. oil up today. what is it looking like? julie: $6.4 million is the drop in crude oil inventory. much larger than the 2.7 million estimated. big drawdown in cushing, oklahoma and in gasoline inventories. nearly 2.9 billion -- 2.9 million barrels as well. rising at 293 -- 294 thousand. it looks like these numbers are bullish for oil and we are seeing a little bit of a leg up here now oil up .1 -- .9%. we will see what happens in the coming

vonnie: from london, i am vonnie quinn.uropean close on bloomberg markets. ♪ mark: the top stories we're covering from the bloomberg and around the world. with less than 48 hours to go until voters head to the polls, the london terror attack continues to dominate the election and the london mayor say terrorism will be harder to stop if theresa may wins. we are in westminster with the latest. apple tv executive tim cook says the tech giant is hoping the u.k. investigate terror attacks and is working to stay one step ahead of the hackers. more of the exclusive interview with tim cook this hour. president donald trump infrastructure plan continues to rollout, we will hear about the architect of the plan to privatize the nation's air

vonnie: and i'm vonnie quinn in new york.berg markets." ♪ nejra: here are the top stories we are covering from the bloomberg and around the world. when you're on since the brexit vote, the only certainty appears to be uncertainty as the leaders got in brussels to speak to exclusively to ireland's finance ministers what the country expects to achieve. president trump faces new questions over the firing of former fbi director james comey while in congress, some republicans already pushing back on the gop health care proposal. and if commodities, does booming u.s. shale production me oil prices have no shot going back over $60? what about opec? we will post these

vonnie: i am vonnie quinn.l numbers especially as oil sells off this month, dipping into a bear market. we've got julie hyman with us. julie: we might have a drawdown in oil but not gasoline. 2.4 5 million barrels dropped in crude as well as gasoline third the fact that there is -- there. fuel, actually larger than estimated, 1.1 million barrels. on balance, it seems like a altra port. gains just before we came out. now it is more than 1% higher here. above $44 per barrel at least at the moment. the two headliners that are probably the most important is a drop down in crude oil at almost two -- barrels. even here at the start of the summer driving season. thank you p or do we will keep an eye on the price of crude. king solomon has removed his nephew is conference and named his 31-year-old son as his successor. thehas this impacted economy? you, 31 out of 44, is this a smooth transition or is their discontent here? >> to be honest, we will not know that. we have been told it is 31 out of 34. it is difficult to

vonnie: this is bloomberg markets, i'm vonnie quinn.he inaugural bloomberg best summit is taking place right here at our global headquarters in new york city. winkelried speaking now. my whole career was basically in new york, other than a few years in london. , occasionallyd along the course of your career you have an opportunity to change it up with it. lived in san francisco, the capital of innovation right now. there is a lot of interesting things going on. the idea of being in an organization like tpg that is headquartered on the west coast -- it is an environment that is different than a lot of the other private equity players here in new york. for me, i thought it would create a different mindset, a different type of exposure. firm, theation of the characteristics of the firm, the challenges of a business that is still trying to build, still trying to grow which, from my perspective, was in my strike zone because i had built a lot of businesses. on fact that it was located the west coast within the context of a different environm

>> quinn: you hate me that much.eah, i did. >> katie: how did it feel to be vulnerable, at the mercy of someone else? helpless? >> ridge: what's going on?

vonnie: in new york, i am vonnie quinn.is "bloomberg market." time now for futures in focus. joining us now from the cme to discuss the fed is oliver sloup. oliver, what is everyone saying about the possibility of a dovish hike or hawkish hike? what does it mean for cme traders? >> yes, there is a lot of attention on what it could mean for tomorrow and going forward. i think the dollar has been the main focus for a lot of these traders. looking at the dollar, we have been in consolidation for the better part of the last couple of weeks after a tremendous downturn over the past couple of months. i think we are seeing a little bit of a bottoming. we have seen a lot of shorts in the market. realistically, we are looking at a short rally in the u.s. dollar over the next one or two weeks. from there, we will look at data to see where it points as going forward. vonnie: the problem is that the narrative at the moment is focused on europe, britain, and other parts. wherere much control over it goes? oliver, i was asking if the dol

vonnie: and from new york, i am vonnie quinn. this is bloomberg markets.utures in focus -- oil having a rough end to the month of june. joining us from the cme is brian battle of performance trust capital partners. brian, the question is does this reversal, this gain in prizes stay the course given that we have plenty of supply and we are already through the worst of the driving season? so, what happens? brian battle: we have had some short-term interruptions with the storms in the gulf and maintenance in alaska, so you are short-term it is happening, but in may we were at $50 a barrel. there was an opec meeting, and since in, saudi leadership has changed. the global demand situation is getting figured out. the saudi's need money, but they want to hold opec together. the fracking boom is going like crazy, but losing steam because it is run by low interest rates, cheap capital. iran, most important part, is coming back into the global marketplace, and a french company has agreed to help them exploit and modernize their field. long-term i don't think oil pri

i am vonnie quinn. anna: i am anna edwards.te taking place in the house of commons in the u.k. this is theresa may. will they be able to get their legislative agenda over the hurdle, the queen's vote? u.k. prime minister may wins the vote in parliament for high government programs by 323 votes to 309. her leadership has gone on to another day. fundraising with a plated event. as we go to break, questions have been raised regarding the legality of his properties. let's bring in ben brody, who covers white house white house lobbying. then, you are busy with this. whether he is allowed to use his hotel at all, there are no set rules about how he engages in business as president. ben: exactly. federal law prevents candidates from using campaign funds for personal use. sometimes that is something as simply as going to a business they own like a hotel. that is ok if it is at the market price, but if they are paying, if the campaign is being the hotel way more and then billing the candidate or against the president's pocket, that is a

i should call my lawyer. >> eric: katie, quinn is frightened, and i'm frightened for her., we have to get to the bottom of this. >> katie: i agree. i want that as much as anyone. i-i want the person who shot at -- at quinn to be found and prosecuted and locked up, but that person is not me.

i am vonnie quinn.wo hours in 15 minutes until jeff sessions testifies publicly before the senate intelligence committee. was morecyber attack widespread than initially reported. reporter joins us from capitol hill. give us the details of what we are learning more about the 39 states and how it might impact any hearing today, at least question-wise, from the senators. >> it is likely to come up. a number of topics related to the russian investigation and what the attorney general new. he was a senior adviser to president trump's campaign when he was a candidate. he was caught up with withholding information, if not providing false information. democrats will hammer him on that and demand answers. senator wyden previewed what he will ask sessions. he said he would follow up on mr. comey's remarks that it was "problematic" for mr. sessions to continue with the russia pro. would not have actually recused himself if he was participating in the firing of mr. comey. if there is anything close to a senatorial

vonnie: from new york, i am vonnie quinn. european close on "bloomberg markets." ♪ mark: here are the top stories we're covering from around the world and bloomberg. major technology stories today -- the eu slapping google with a record $2.7 million fine allegedly boosting its own search results. companies from merck tech and advertising giant hit with a cyber attack. big news from central banks today. ando draghi is in portugal is the boe's connie going to toughen requirements for lenders? that is due before janet yellen speaks to the. day. oil prices hovering around the lowest levels in two months.

vonnie: i am vonnie quinn.he president has issued a statement on the partial reinstatement of the travel ban that he has signed in an executor quarterback in march. he said "today's unanimous supreme court decision was a clear victory and allows travel ."spension from six countries i want to point out two things he said -- "unanimous up in court decision," it was not in fact unanimous. it was a six-justice majority statement. he also said that it's number one response ability as commander in chief -- his number one responsibly as commander in chief is protecting the homeland, "i am also gratified that the supreme court's "ecision was 9-0. it was not. it was 6-3. alito, and gorsuch. waymo will manage about 600 cars in phoenix. about 9% on this surge. mark barton broke the story, and he joins us from san francisco. of 600 selfeet driving cars in phoenix, it sounds hilarious, but what will be terms of this deal be? mark: it is a pretty small deal. we heard on twitter that avis is extremely loyal to the cars. they

i'm vonnie quinn.t's time for a market deals report and we're looking at airlines. american airlines said qatar airways will make an investment in the u.s. carrier. that's not a coincidental figure. that's about 10% of shares outstanding. and that more than twice the threshold for needing board approval. and ore is alex alex bloomberg's u.s. airlines reporter michael sassao in atlanta. alex, when you hear of an entity making a move and bloomberg's u.s. for a 10% stake, what does it suggest to you? alex: it typically suggests that it's a foothold to acquire more. and there is a bit of a track record here when looking at qatar airways doing just this. a couple of years ago they bought a stake about a 10% stake in i.a.g. which is a holding company for various international airlines. including british airways. and in fact qatar increased its stake and now owns about 20% of that airline. now, there are foreign ownership rules in the united states that prevent that stake going above 25%. and as you mentioned

i am vonnie quinn.'s get a check of the first word news this afternoon. jessica: prime minister theresa may has visited a mosque hours after a van rammed into a cart of worshipers standing outside. police are treating it as terrorism. earlier, make condemned the attack. >> as i said here two weeks ago, there has been far too much tolerance of extremism in our country over many years. and that means extremism of any kind, including islamophobia. jessica: mesas the attacker acted alone. he was arrested and hospitalized. apsalm are seen in paris when car carrying gas canisters caught fire after ramming a police stand. the driver may be dead and he also said the driver appears to have acted deliberately. france's anti-terrorism prosecutor has opened an investigation. no officers or people on the busy tour street were hurt c. the u.s. has struck down a law that banned sex offenders from social media sites. a north carolina o law violates first amendment rights. louisiana is the only other state with a simila

i am vonnie quinn.ber ceo travis kalanick has stepped down from the company. it was after many things including a series of scandals. after more than $15 billion into the company, investors pressured him to step aside, something the board would ultimately not do. joining us from san francisco bloomberg editor at large cory johnson. he is still a member of the board. there are a lot of voting shares. >> it is interesting. this is something that seemed quite unlikely because of the control. we can presume a different class of share as well as a structure. zynga and groupon and alter google. we expect that is probably what is going on in uber. the that reason, travis kalanick was not going to leave until he was ready. but surely, his investors are ready to have him go. look at the rising valuation from uber. it really tells us, it has raised questions about valuations of private companies, when they decide to go public, but they have taken this nothing business started in 2010 at a city $5 billion valuatio

vonnie: from new york, i am vonnie quinn. european close on "bloomberg markets." ♪ mark: here are the top stories we are covering from the bloomberg at around the world. london gets back to work after this weekend's terror attacks that killed seven people. debates over security follow as the election is just days away. in the u.s., president trump kicks off his long push for infrastructure with a plan to control of the air traffic control systems a nonprofit organization. we will bring you his comments live this hour. in business news, analysts expecting apple to unfold siri in a new form to compete with amazon echo. at thelive all day worldwide developers conference with update.

from new york, i am vonnie quinn. this is the "european clothes" on "bloomberg markets." ♪ "european close" on "bloomberg markets." mark: stocks in europe poised to start the week on a sour note. tech shares dragging on the index today. facesminister theresa may her tory colleagues for the first time since the election. there is pressure on her to resign following her political gamble. we will hear from the ecb board , who saysoit coeure he sees signs of progress in europe's economy. at where european equities are treating now. 30 minutes until the end of the monday session. the lowest level since the end of april in the stocks. led down by technology companies. ,overeign bond yields are your final two columns. sterling fell by 1.6%, which boosted the ftse 100, the more domestic-centric. all three indices are falling ponder thevestors a, primary search recent may, and b, -- of a, prime minister theresa may, and b, the path of brexit. they need to pay a premium of roughly 105 basis points. on friday, the premium reache

i am vonnie quinn. welcome to "bloomberg markets."'re watching at this hour. worldscutives from the tech companies are meeting with president trump discuss big data insecurity. a day before a special election in georgia, we are looking at the huge con of the -- quantity of cash. new check one dairy mentoring. -- gerrymandering. a look at legislative maps that it may be too partisan. ♪ vonnie: let's get more information now i'm president donald trump's meeting with leaders of amazon, apple, google, microsoft and other top tech executives. joining us now is kevin cirilli at the white house and alex webb, a reporter for bloomberg telik analogy.

vonnie quinn. this is the european close on "bloomberg markets." ♪ mark: here are the top stories we're covering from around the world and bloomberg. major technology stories today -- the eu slapping google with a record $2.7 million fine allegedly boosting its own search results. companies from merck tech and advertising giant hit with a cyber attack. big news from central banks today. ando draghi is in portugal is the boe's connie going to toughen requirements for lenders? that is due before janet yellen speaks to the. day. oil prices hovering around the lowest levels in two months. we will speak with alex kruger, the head of the private equity firm first reserve. let's have a look at where european equities are trading when now 30 minutes until the end of the trading session. stocks falling for the fourth day and tension has been on central bankers. in the meantime, the imf cutting its assessment of the u.s. economy. ambitions ofump's 3% growth are possibly pie-in-the-sky come up my words not th

quinn. this is the european close on "bloomberg markets." ♪ here are the top stories we are covering from around the world. stocks trending towards the upside as the sterling marches on. -- fed efforts to form efforts to form a new conservative government continues as prime minister theresa may clings to power. tellsng schaeuble bloomberg germany what needs to u.k.t into brexit if the stays in the eu. attorney general jeff sessions faces senators today. what he will face in terms of questions with his own -- in terms of questions on his own connections to russia and the firing of james comey. stockske a look at how are doing your the end of this tuesday session. stocks are rising for the second day. yesterday, technology stocks rebounding. sterling is rebounding today as well as commodities. this is the euro against the pound. yesterday, the euro reached a seven-month high against the pound. we're looking at this eight-month traini -- trading phase. this was the post exit high after october

from new york, i am vonnie quinn.european clothes" on "bloomberg markets." ♪ "european close" on "bloomberg markets." mark: stocks in europe poised to start the week on a sour note. tech shares dragging on the index today. facesminister theresa may her tory colleagues for the first time since the election. there is pressure on her to resign following her political gamble. we will hear from the ecb board , who saysoit coeure he sees signs of progress in europe's economy. at where european equities are treating now. 30 minutes until the end of the

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vonnie: i am vonnie quinn.e apron slashing the price range for its initial public offering by one third, aiming for $10, $11 a share. joining us with more is our ipo reporter. is it too convenient to say this is because amazon has decided to buy whole foods? >> convenient but true, another stock that has been dragged on by the amazon and whole foods deal and not even trading yet. when the deal announcement came out, a source of mine says the blue apron management on the ipo isew -- i feel that talking about how they add value to the milk it. --meal kit. this knee-jerk reaction to the amazon deal has taken heart in a significant way. if you look at the potential market value, targeting $3.2 billion as the market violation. billion.r to $2.1 a base hit for blue apron in a space that is yes, competitive, but when you have the mammoth of amazon looming, it is a bit more of an issue. anna: 34% cut in price. is that big for an ipo at this stage? a disappointment for management. >> the biggest i have seen for the big

i am nejra cehic with vonnie quinn. stocks finishing up in european trade. take you through the market action. a second day of the kleins for european equities. we will take a look at various indices here. you can see a lot in the red. but we up more than 1% haven't seen declines on the ftse 100 and the dax, 14 in the fx space. we will give a close eye on sterling, up 2/10 of 1% now. -- 126ps below to one earlier, and then rebounds at 127 following some hawkish comments from the usual dove of the boe's monetary policy committee. sterling has been reacting strongly on that ahead of the biggest decline in eight weeks. the euro is unchanged, 1.1142. we are seeing reaction in the bond markets, specifically at the two-year yield. we are up seven basis points, 0.19%. the front ends have been on performing that have been underperforming. you have yields moving up a little elsewhere as well. the portugal to year almost nine basis points. looking at the stoxx 600, we are down 2/10 of 1%. it has recouped but it is heading for its against today lost in a month. europe'

vonnie: i am vonnie quinn.ome investors are still spending annual average returns at 8.6%, but the news of low economic yields is no secret to anyone who manages money as billions are fleeing mutual funds for passive investment strategies. ,oining us now is tom hoopes head of development for legg mason. this is the question you get first and most often, why? why should i pay extra for the lack of returns? tom: certainly a lot has been said and many calories have been burned debating active versus passive. our view is that is not in or butto an and. well constructed portfolios should contain elements of both. anna: if we have seen mutual funds going toward etf's, how long is that journey? was the endpoint? tom: it's hard to tell, but we are seeing signs that we are getting near a little bit of an inflection point. evolution in is an active management occurring as well. they think about benchmark relative type of things, but what is happening in active management is the growth area is a more outcome oriented solu

vonnie: i am vonnie quinn. this is the european close.ay have derivatives losses on u.s. inflation bets gone bad. the fed releases to u.s. press tests later today, more insight on these several issues. fineake this deutsche bank first, a big fine, a symbolic gesture? >> we have all of these rules that are supposed to restrain banks from taking risks but we come into issues where they do take risks and sometimes they go bad and sometimes they do not. sometimes they make a lot of money and sometimes they lose money. trading is a risky business. they call it market making but it involves a lot of risk-taking . sometimes that goes bad. not huge numbers but shows the business is going as usual. vonnie: i said fine when i met lost. tryinghe chief executive to improve deutsche risk and executive controls which is a setback? >> it is, he has been trying and that is one of the biggest goals. as part of that, they raise capital, deutsche bank has raise capital levels and that went back to shareholders. the capital levels have caught up with its pee

vonnie: and i am vonnie quinn. this is bloomberg markets.e are digging into oil and gold today which made big moves this week. joining us from the cm he is tim evans, chief market strategist at long relief trading. let's start with old. one of the other big moves overnight is that golden .terling terms was up 2% i guess that was partially on the week starting. sterling tookund the brunt of the news last night. gold expressed in dollars has been down and that is explained by the big deferential in the movement of the dollar-pound last night. vonnie: where do you anticipate gold going from here? will sterling continue to have an impact? >> i think so. i'm a bit surprised by the lack of movement in gold and the fact that we are down over $10 going into the second half of the morning. the market did not blink a whole lot with respect to that in his development. ultimately as the situation evolves and whether prime minister make and formulate a coalition in the near-term and gain traction moving into the brexit negotiations, if she can do that, g

that's just how he is. >> reporter: quinn was a freshman at pleasantville high school.amily members say they have been friends for year. >> she was a typical 15-year-old good in school had plenty of friends. she loved the beach. >> he gave his life to save hers and he lost his life so you could call him a hero, too. >> reporter: the water search had to be called off this morning because of dense fog and rough seas. it cleared up this afternoon and the century assumed as family members lined up chairs on the beach to watch. >> you understand the difficulties of both the tide and the foggy weather but we're going to continue to search until we find these two children. >> reporter: the ocean off mlk boulevard is considered one of the worst in the city for rip currents. in 2012 a 10-year-old boy drowned in this very same spot. in atlantic city, i'm nora muchanic channel6 "action news". >> students at a philadelphia elementary school were rewarded for their hard work this school year. volunteers from pepsi handed out gifts and helped organize an end of year field day for mor

vonnie: and i am vonnie quinn.o energy and oil again thiss moved week, june not turning out to be the best month for commodities. a barrel costing something like $43 right now. for more, let's bring in a chief economist. the international energy company rolls out with a new report on the future of global energy markets. eirik, welcome. as chief economist of an oil how do you differ from a regular economist, if i can call it that? eirik: we have a look at the same areas, oil and gas is determined. globally. it in an oil and gas company, we have to be concerned both about the short-term and the really long-term. better he also have rejections and better data to work from. eirik: to some extent, yes, because we have our own data. but everybody has to struggle with global data, and then we rely on international instances. vonnie: i imagine it is a little bit like running a campaign, having polling data and an outside data. talk about this year for the report and how it differs from last year's. had 2040 last year. when

vonnie: i'm vonnie quinn. and is the european close on "bloomberg markets."are the top stories we're covering from around the world today. less than 24 hours to go until the u.k. election. theresa may and jeremy corbyn are touring the country on their final day of campaigning. we will have the latest. are mixed today. oil and gold falling ahead of tomorrow's ecb decision. the central bank is said to be cutting its inflation outlook because of weaker energy prices. a bloomberg exclusive interview with marathon asset management's chief executive bruce richards. where he sees opportunity in the distressed market right now. 30 minutes left in today's session here in europe. what a week it has been, what a mo

i think i'll just stay up all ni,,,,,, ♪ ♪ >> quinn: ridge.ge, wait. [ breathing heavily ] >> eric: thomas. >> thomas: granddad. >> eric: why does pam's desk say "out sick"? she was here this morning. >> thomas: uh, she got her hair done, and she hated it, so she's out. >> eric: again? >> thomas: yeah, no, it looked the same to me, but...yeah. dad's not with you? >> eric: no, no. he was here before lunch, too. >> thomas: yeah, he was. he's not now, though, so i texted him. i hope you don't mind that i-i waited here for you. >> eric: no, not at all, thomas. this unfortunate estrangement between us can't be over soon enough for me. i'm hoping that's why you wanted to see me. is it? >> thomas: yeah. yeah, it is. >> katie: you gonna be there tonight? >> ivy: where? >> katie: home. i ran into eric earlier, and he invited me to dinner. >> ivy: uh, no, actually. i have a date. >> katie: oh. lucky you. so i guess it'll just be a cozy, little group. >> ivy: [ sighs ] so it's just gonna be you, eric, and quinn. >> katie: oh, and ridge. you know, now tha

i am vonnie quinn. this is the european close on "bloomberg markets." ♪ mark: here are the top stories we are covering from the bloomberg and around the world. investors buying into a brightening economic picture here in europe. europe area confidence hits a 10-year high sending that euro to its fight -- to the highest against the dollar in over a year. thataking special state saves today. the government leading to the further review of rupert murdoch and the deal between walgreens and rite aid also part. is a potential appeal and replace of obamacare remains up in the air. we will talk to the woman who helped implement the law, former health and human services secretary kathleen civilian -- kathleen is our guest today. we are 30 minutes away from the end of the session. stocks falling for the sixth day as investors continued to digest what has been a heavy week for central bank commentary. look at all these currencies rising against the dollar today, the pound continuing after those hawkish comments fr

i am vonnie quinn.ou are watching bloomberg. we approach session -- we approach midsession here in the u.s. things in the middle east not helping the dollar index, $96 .84, post u.s. election. $47.22 a barrel, down almost 1%. 2.17 percent. i want to point out the offshore yuan is stronger. back to the middle east and tensions coming to a head. four arab states cut off diplomatic ties with qatar, accusing them of backing terrorism. for more on what this means for tensions in the region is bloomberg's editor for international governments, and he joins us live from london. internalall, the invocations, john, survive in the region. -- internal implications, john, can qatar and in the region on its own both economically, politically, and militarily? guest: they have a lot of money on their disposal, but you're right, it is a tiny country, i think half the size of new jersey, and if it's neighbors are serious about imposing a land blockade and air blockade, a small country cannot last that long overtime. even

this is bloomberg. ♪ vonnie: live from london and new york, on vonnie quinn.m mark barton, this is "bloomberg markets." started a deal to avoid bankruptcy again. creditors seeking at least $8.5 billion in new loans for athens commanding months of uncertainty over whether it could meet bond statements due in july. bloomberg's nejra cehic has been following the meeting this week and she joins us. we come to an agreement, but the imf is involved. extent,hey are to some and as you say, we've got about 8.5 billion euro payouts that would allow greece to meet its debt obligation for july. where the deal fell short was on the debt sustainability of the debt relief. it fell short to the point of the imf was not willing to put up funds straight away. it said it would recommend a 14 month standby loan and paying that i would be contingent on getting more reassurance about debt sustainability. i spoke to the portuguese finance minister and asked does this mean they can has been kicked down the road again and the deal didn't go far enough? >> we have at this stage, a huge

quinn is still missen. please say the man was shot on on bridge street. his on tonight newly released video shows the chaos. dr. james kaufman april kaufman was murdered in 201 it's been a relentless -- focusing on jim kaufman and nobody else. >> it did not involve the homicide, but in a way it did. it's like they're saying from a former tv show, it's all connected. >> kaufman's lawyer says the warrant he saw -- >>> in the past hour president donald trump released the statement about the death of a student held in a north korean prison. his parents announced he passed away this afternoon. he was serving a 15-year prison term, but then went into a coma and was recently reliesed to the united states. mr. trump says bad things happen in north korea, but at least we got him home to be with his parents. we'll have more on "nightly news" with lester holt at 6:30. >>> a look at our first alert radar, that line of storms powering through, with a lot of lightning. we'll talk more about this and track whether it finally clears out, coming up. >>> back and forth to

i am vonnie quinn.n close on "bloomberg markets." ♪ mark: here are the top stories we are covering from the bloomberg and around the world. investors buying into a brightening economic picture here in europe. europe area confidence hits a 10-year high sending that euro to its fight -- to the highest against the dollar in over a year. thataking special state saves today. the government leading to the further review of rupert murdoch and the deal between walgreens and rite aid also part. is a potential appeal and replace of obamacare remains up in the air. we will talk to the woman who helped implement the law, former health and h

ian quinn. you got to be kidding. this is quinn's m.o. he finds young talent and he takes advantage. coulson: we're on to you. quinn: well, thank you, agent coulson. and i have a message for you. the clairvoyant told me to say hello. [ beep ] ian quinn. you found him? no, but we think we know how we can. [ horn blares ] skye tracked down an invoice from one of his shell companies.

. >> quinn: it's gonna take awhile. >> ridge: deacon's in jail.e admitted he tried to shoot you. >> quinn: and he would have shot me if it hadn't been for you. sorry. what i said after everything... ♪

even at 15, ramon quinn didn't hesitate to give everything to help someone in need.at it's time to celebrate his sacrifice, will we help for goodness sake? i'm bill anderson. >> he's hero. gofundme trying to help his family pay for his funeral. you can find that link on fox29.com. >>> bad news for septa riders. fair increases are going to go into effect starting saturday. electronic card or token single ride fares will bump from $1.80 to two bucks. cash fares will go from $2.25 to 2.50. septa says the price increase will fund every day expenses like labor, fuel and power. >>> so tonight we're getting a look at the people police believe are connected to an assault in west chester take look at this picture police are asking for your help to identify them victim has a severe brain injury after assault sunday on east gay street. if you have any information give police a call. >>> point breeze police just released this surveillance video of two guys wanted for armed robbery. cops say they went up to 27-year-old man pointed begun at him and stole his iphone and 300 bucks.

and lost his life you can call him hero too. >> ramon quinn's family says he was brave and would not think twice about saving a friend. >> that is my little cousin. i need to give the family peace just to find his body. you know he is gone, you can't survive that long. >> they have suspended the water search because of rough seas and fog but will continue looking until the bodies are found. >> you understand the difficulties of the tide and foggy weather and we'll continue the the search until we find these two children. >> now, the atlantic city beach patrol as pulled one craft and suspended the search because of conditions, other down beaches have been notified. it's a terrible time forever the familied of these two teenagers, probably 20 or so family members gathered here on different spots at the beach and boardwalk waiting for the recovery of their loved one and it's just a terrible time here. live in atlantic city, nora muchanic, channel 6 "action news." >> all right thank you. >>> talking temperatures and on the weather front it's noticeably more cloudy and humid for your frid

i am vonnie quinn.e for himself taking clients' money as a fund manager at fidelity. jesse joined to others as an investor -- natalie has joined: two others. they are looking at multiplayer videogame competitions with investors like magic johnson and many more. i spoke to him about the potential for this industry. >> if you look at the amount of money for 200, 300 million people playing eastport, $15 billion divided is $3 purposes and -- per participant. if you look at this fans, it is 10 times as much. we may not get to that level, but there is multiples of upside in terms of generating revenue in the industry. vonnie: as owner of the interested in derek jeter's, i asked what sports violations are like. think about the uniqueness of sport. i talked about it two ways. the ability to bring people together and warm a community -- form a community. look at the championship. the community formed in that stadium and beyond, the predators, the nhl, to over a huge city. that was going on in nashville the last