. >> in the case of richard branson he told you and huge successful that his secret is surround himselfh great people and you point out in your narratives that he listens to the great people he surrounds himself with. >> yes there are some great leaders like to surround themselves with famous penal they don't listen to them and great thing about being a leader is you listen to people and i interview oprah winfrey why are you a great interviewer? because i listen to what people says and that makes good interviewer. >> how much when you're calculated with mistaker because tells you when he got bumped on a flight a commercial flight, from porkt puerto rico to virgin islands decided to fill up with other bump passengers, and ended up going to the business and starting with 1747 and use going up against 300 british airway pads and back in the day they have gwa starting from scratch with the airline business. >> i think it's cool most leaders they didn't have a mckenzie roord on bain report saying here's how you can become a leader it happened by serendipity many times people had a lucky brea

bygin atlantic is 51% owned richard branson and 49% owned by delta.t on another wild ride, plunging after a key investor trend of their stake. one analyst says the electric carmaker's possible move to the s&p 500 could happen this week. never a dull moment when it comes to tesla. in terms of volatility, what did we see? lower and the worst one-day loss since march. shares dropped as much as 15%, under 6% by the close. the plunge came after regulatory filing by a major shareholder. the u.k. fund manager bailey gifford and company showed its stake in tesla had been cut to 7.67%, fromfrom february. the news caused a speed bump in the record rise in tesla share price. it was down the prior day when tesla announced it was going to have a major five dollar billion share addition. thisding to dow jones, reduction in stake by the fund was technical in nature. the investment company had guidelines that restrict the weight of a single stock in client portfolios. a spokesman at bailey gifford said they remain significant shareholders for many years and may do mo

if the test fight all goes well, they plan on flying its founder, sir richard branson, some time earlyit will be the company's first space flight since february of last year. it's going to launch at its operating base in new exkmexico. >>> the giants have a long list of players who are in the hall of fame now a part of their trail blazing coach is there as well. >> this is wild. the jersey alyssa wore is now in the hall of fame in cooperstown. the giants hired her in january, making her the first woman to be a full-time coach in major league baseball. she was coaching first base against the a's. she has since donated the jersey she wore at dodgers stadium on july 23rd, a regular season game, it all counted. she took that jersey. it's down in the hall of fame. she says it's surreal and it goes beyond her wildest dreams. here is a guy that should be in the hall of fame, anthony flores. i wonder if she's going to turn out to be the giants good luck charm and they will go into the postseason. >> you never know because they're trending in the right direction. it looks like the giants want t

an american hedge will provide funds, along with the founder of the airline, richard branson.needed help after the pandemic grounded their flights. macy's with signs of recovery. in the secondoss quarter, but less than half of what the analysts had forecast. sales are down 2%, but in line with expectations. most stores had reopened by the end of june. that is your bloomberg business flash. guy: let's get more on a macy's. time for our stock of the hour. at the sharesng and they did go higher at the open, but they have been wobbly. right now they are somewhat higher, extending its 8% winning streak. abouting to keep in mind, are sold athares short, so there could be a short squeeze taking place. when i look at the notes, analysts highlight their better-than-expected performance. to be clear, expectations for the bottom line, top line and profitability were low after a disastrous first quarter. they lost 251 million dollars, but in the previous quarter the loss was $630 million. and inventory has declined in the most recent quarter, meaning that they sold out stuff they had in t

richard branson sends money to the bail project but according t to published documents the single biggestonor to the bail project is the chairman of its board, former han hedge fund mar called michael nova graph come at times he's been one of the richest people in the united states, we mentioned him by namestun on last night's sho. he sent us a message on twitter "would love to come on your show and discuss the great work that the bail project does." we accepted that request immediately, we wanted to hear his side of thee story.ht so we plan for that tonight, we were going to open our show with an interview but just a few hours ago shortly before airti airtime, novogratz panicked, he didn't want to talk about the great work the bail project does. he was afraid and so he backed out. michael novogratz will not bel joininge us tonight. but we still think it's worth knowing what he has been doing. in the past two years, the bail project paid more than $26 million in bail for suspected criminals, the group said it has bailed out more than 12,000 people from jail. for the people they bailed out

well, we have been looking at that richard branson sends money to the bail project so does jason. according to published documents, the single biggest donor to the bail project is the chairman of its board former hedge fund manager michael novograth he has been one of the richest people in the united states. he runs the board. almost immediately after we did that, he sent us a message on twitter, quote: would love to come on your show and discuss the great work that the bail project does. well, of course, we have accepted that request immediately. we'll wanted to hear his side of the story. we always do want to hear the other side. so we planned for that tonight. we were going to open our show with an interview with michael in. novo grat. he panicked. he didn't want to talk about the great work that the bail project does. he was afraid and he backed out. michael novo grat will not be joining us tonight. it's still worth knowing what he has been doing it's paid more than $26 million in bail for suspected criminals. 3w5eu8d out more than 12,000 people from jail. who are the people t

other luminary who is have signed on include richard branson.he continues to be among rarified heir. spencer, you strike me as an avid reader. would you be part of this? >> i absolutely would especially if steph is involved. just to be able to say i'm hanging out with steph. i would join his book club. >> what i just realized, i'm surrounded by two authors. >> oh. >> we could say we are the bookends. >> that's very cleaver. i was going to call larry out because he hasn't read my book or purchased it adding to my book sales totals. >> purchase. what about a gift? >> she's making you purchase it. >> she's reaching into my wallet. >> mr. moneybags over there. >>> convenient time the move on. founder of fairfield shelly belly pulling a willy wonka. hiding necklaces in each state. you have to pay $50 to get the clues to wear your state's necklace is hissen. people who find it win $5,000. every one who participates is eligible for the grand prize, your very own candy man kitchen's factory in florida owned by kline. each state is limited to 1,000 parti

two test pilots will be on dashboard the mission, one step closer of the goal of flying sir richard bransonace early next year. todd: good news this labor day weekend, gas prices are the cheapest they've been since 2004. triple a says the average price for a gallon of regular, just $2.22. that is down 14% from a year ago. low prices likely to stay through the end of the year as millions continue to work from home. jillian: todd's favorite story now. a feud between john oliver and dan bury, connecticut may be coming to an end. the city agreed to his demand to name the sewage plant after him in exchange for $55,000 donation to charity but the mayor says there is a catch. >> we do have one very specific condition. you must come here to danbury and be physically present when we cut the ribbon. todd: this comes after a back and forth started by also of ever on his show a few week ago. no word yet on whether oliver will you attend. danbury's a nice community, nice people, nice community. why is oliver going after them? don't know. time now, 47 minutes after the hour. a battleground blitz this wee

richard branson jumped into it today. certainly everyone's pouring into it. but always appreciate it because we learn more about one of the hottest areas in the market. thank you very much. >>> speaking of which, the market itself, liz claman, it ain't too hot right now. liz: no, not at all. not at all. thank you, charles. hey, look, we've got breaking news. tiktok videos are not the only thing moving and shaking at this hour, as details begin to emerge on a deal involving oracle, walmart and tiktok's chinese owner bytedance that looks nothing like the outside sale president trump has demanded. now gop senators are bearing down demanding the no-sale partnership with oracle be rejected. charlie gasparino with breaking news as the clock ticks down to a ban of the social media app. >>> as we head into this final hour, big tech is what's

richard branson jumped into it today. certainly everyone's pouring into it. i wish we had more time but always appreciate it because we learn more about one of the hottest areas in the market. thank you very much. >>> speaking of which, the market itself, liz claman, it ain't too hot right now. liz: no, not at all. not at all. thank you, charles. hey, look, we've got breaking news. tiktok videos are not the only thing moving and shaking at this hour, as details begin to emerge on a deal involving oracle, walmart and tiktok's chinese owner bytedance that looks nothing like the outside sale president trump has demanded. now gop senators are bearing down demanding the no-sale partnership with oracle be rejected. charlie gasparino with breaking news as the clock ticks down to a ban of the social media app. >>> as we head into this final hour, big tech is what's dragging wall street lower. the nasdaq is testing the lows hit during last week's three-day selloff that sent it into a 10% correction. any more than a 206-point loss for the nasdaq and we right now are do

it up for, you know, commercial service early next year with their first customer will be sir richard bransonq 2 of next year and away we go. >> so are those shares of virgin galactic going to the moon here? tim you're on the "newsline. spc$ spce. >> i'm back. i feel like i went to space and back these are the numbers that frankly without valuation people don't care about and the market throws a lot of capital allocation towards the fundamental analysis on this is just that, there is a commercial space craft opportunity and opportunity. the commercial spacecraft opportunity probably, you know, does a billion or so by 2030 and then according to different analysts, it grows at 50%. these guys are far out that's far out in the future i recognize that the excitement around the upgrades on a day like today is something that would have people wanting to chase it but i'm not going to be one of them. this is a stock and maybe you can make the same argument about draft kings and other stocks we talked about tonight that are difficult valuations but this is one that i can't chase and i think is a funct

officially open it up for commercial service early next year with their first customer will be sir richard branson q2 of next year and then away we go if you look at the backlog, they have over 600 reservations where folks have paid deposits, meaningful deposits, 80 to $100 million of deposits. beyond that with smaller deposits, they have 8,000 reservations so now when you think about space tourism, you've got to think about it from the perspective of climbing everest and other things like that it's experiential, so on and so forth. yeah, we do believe it's there the technology has got skren tea point where you can see that happen you're seeing it across the board. virgin's particularly interesting because it's one of the only -- it is the only publicly traded way to play the commercial space trend for public equity investors. maybe others will come along down the road but it's the way to do it now i think in the backdrop of an aviation environment where the air lines are cutting numbers, we've talked about boeing and others, this is one area that's a potential bright spot. is it early? yeah is it