quarter had redemption rates of 80% >> listen, we got a new one today and it's a big one we'll have richard bransonn us vi virgin orbit this is not putting tourists into space, this is putting satellites into space. we'll have dan hart, the ceo and sir richard join us as the founder of a $3.2 billion deal with nexgen 2. it's up but they're going to raise $483 million that includes a $100 pipe. by the way, that pipe number is well down from the likes of which we had seen during the height of spac mania which you'd get 300, 400, $500 million pipes. so strategic investors that are in the industry in boeing. and they are hoping to close it by the end of the year by the way, nexgen 1, we had them on. they did that last mile trucking company. it's now -- take a look. what was the symbol there? the point we're making here, guys, that was about $7 or so. >> how much? >> i think we have it there. nextgen -- yeah, xos $8 it actually went up. but that's closed. i thought that closed. i thought that deal actually closed on friday. >> the key is to get to 10. >> it's well below 10. this has been one of the key

so let's dive right in the the and we leave the program with sir richard branson selling roughly $300000000.00 in virgin galactic stock. the eccentric 1000000000 are sold more than 10000000 shares in the company between august 10th and 12th, according to regulatory filing. the move comes in the wall street. analysts have downgraded the space stock due to a lack of upcoming flights as they focus on maintenance. the parent company issued a statement on the matter saying, branson quote intends to use the net proceeds from the sale to support its portfolio of global leisure holiday and travel businesses which are still dealing with issues due to the pandemic. adding the virgin group continues to be the largest single shareholder in virgin galactic virgin galactic stock is down more than 50 percent since reaching all time highs in february of this year. and the united kingdom emerged from covert locked down. the economy grew by 4.8 percent for the 2nd quarter of 2021, just shy projections from the bank of england. the growth follows a 1st quarter contraction of 1.6 percent. the british economy was

they may have a different vision then jeff bezos or richard branson.a different vision for each of those companies. firefly is setting out to build a company that is impactful and transformative as spacex was. that is what i have tried to do in firefly. we have made a lot of progress. emily: what are the biggest milestones in the space race from a firefly or others that we should be watching that will define the next decade of space travel and exploration? tom: you are going to see a lot of lunches out of virgin orbit and a lot of activity -- launches out of virgin orbit and a lot of activity. it will be really exciting to see all these new entrants in the field. other developments, spacex is such a huge vehicle and can be so transformative in moving the large-scale infrastructure we need to do the most ambitious exploration program. i am excited to see the next couple years. emily: fascinating. we will follow that and all those milestones you mentioned. tom markusic, firefly aerospace cofounder and ceo, thanks for joining us. coming up, how does a fou

and now, hillary, i want to go back to the 1st story we did about richard branson unloading $300000000.00 in stock of virgin glass. and he says, in other companies are still deal, or the company says that it does say that there's still dealing with pandemic related issues. what do you make of this whole? so actually i would say boys and their toys and jeff pays off. it was a big game to go into place on, but i do think it's very sad that i'm actually the stock was downgraded by wall street analysts. and i think that's part of his sell off. it was 10 point over 10400000 shares. you mentioned $300000000.00 was on, but he said, and his group has said it is the shore up the other parts of his business, the leisure, the travel, but the bookings were down. i mean, how many people do you know that have the money, the time and their life to waste, maybe with some accident going into space? i think for the very few, maybe his own enthusiasm, led him to believe and his group to believe more people would be lining up to perhaps die and space. but i think it's a sad thing is a lot investment bought.

richard branson's virgin orbit is going public in a spac deal.r is expected to provide the new company with $480 million, bolstering its capital for regular launch operations expected in 2023. campaigners have singled out the big accounting firms for failing to highlight green issues as protesters gather in central london. hundreds of extinction rebellion supporters assembled as they started two weeks of protests over climate change. the group says they are greenwashing. that is the bloomberg business flash. anna: thank you. coming up, europe is a rare bright spot in the aviation industry and its airlines capitalizing on high inoculation rates to get around europe, making travel more accessible, it would seem. more on that next. this is bloomberg. ♪ anna: modest gains. decent gains across the european equity market. let's get to the latest on the aviation sector. europe is proving a rare bright spot with other key markets marked by the delta variant. europe is where airline -- vaccine passports are most likely used. joining us now is bloomberg's

richard branson's space start is set to go public soon.ersion orbit will make its stock market debut at the end of the year. the committee posted its public findings -- filings on monday. it's missions are centered on launching small satellites into space. the company is separate from the virgin galactic company. they split in 2017. let's take a look at the new york stock exchange's trading gets underway. we are up right now by about 63 points. reggie: facebook is bringing audio and video calls back to the main app seven years after the company introduced the messenger app for the same purpose. it is meant to reduce the need to jump back and forth between facebook's main app and messenger app. it is considered a test for now but already available to some users. facebook is starting to think of messenger as a service rather than just a standalone app. a new view of the red planet. this mars panorama is from the curiosity rover. it took 120 and images traveling at the side of a mountain. you see a 360 degree view of part of the gale crater.

the news follows richard branson's flight last month which carried the billionaire and five others toorbital space. that wouldn't be a bad gift, marcus, for christmas. >> thank you, bertha. i can't believe you're going to do that for me. thank you. >> no. in my stocking. that's on my list for you. >> oh, man. either way, you both deserve it. >> thank you, bertha. >>> coming up next on "today in the bay," fog, haze. meteorologist kari hall sorting it all out this morning. >> we will even have warmer temperatures today so if you're heading out for a hike in the south bay get in before noon and the temperatures make it into the 80s later on today. we'll talk about this and our wide range in temperatures coming up. >> temperatures up and down, same thing for the san mateo bridge. go over the high rise in the distance. look, a lot of taillights. no problems. folks tapping the brakes. someone changed lanes suddenly. signal like that person did and give space. >>> making it in the bay definitely includes raising your children and yep, the cost of that rising as well. eye-popping numbers from

virgin has launched four piloted test flights so far including one last month that carried founder richard bransonand three company employees. anne-marie, that is extremely expensive. i know who is not going to space, it's this girl. >> i'd like to know what the in flight entertainment is. i mean, are you getting pretzels or there a selection of movies? i need to know the deets. elise preston at the new york stock exchange, thank you so much, elise. >>> all right. so up next, hero commuters. see how strangers saved a man in a wheelchair with just seconds to spare after he fell on the subway tracks. i've lost count of how many asthma attacks i've had. but my nunormal with nucala? fewer asthma attacks. nucala is a once-monthly add-on injection for severe eosinophilic asthma. not for sudden breathing problems. allergic reactions can occur. get help right away for swelling of face, mouth, tongue, or trouble breathing. infections that can cause shingles have occurred. don't stop steroids unless told by your doctor. tell your doctor if you have a parasitic infection. may cause headache, injection-site r

john, as richard branson and jeff bezos lived to tell about it, and eli and musk is the next space cowboy. i've wondered, should we have retired the shuttle? was it technically and or economically obsolete beyond update? i think it just run its course hall and remember the shuttle was designed, believe it or not, in the early to mid seventies. that's almost 50 years ago. now it flew for 30 years and then a lot of good. one reason we developed the shuttle it was because we knew the ability to get up and down to orbit on a relatively routine basis with a cargo capability. and the shuttle provided that big sections of the space station were put up and assembled. and now we have the international space station, some temporary science, big laboratories were carried aboard the shuttle. but again, with a fully functioning space station that's not really needed anymore. and then after the 2 disasters challenger to columbia, the combination their naps and sort of stopped putting a lot of satellites on the shuttle and the voted and where to science. so you know, over that period of time we lost 2 o

so let's dive right in the and we leave the program with sir richard branson, selling roughly $300000000.00 in virgin galactic stocks. the eccentric 1000000000 are sold more than 10000000 shares and the company between august 10th and 12th, according to regulatory filing. the move comes is wall street analysts have downgraded the space stock due to a lot.

sir richard branson�*s virgin atlantic is exploring a possible listing on the london stock market toir the airline's finances. the move could see shares offered to private investors as well as big city firms, but mean he loses overall control of his flagship business. cuba's communist government has legalised small and medium—sized private businesses in the wake of mass anti—government protests last month. under the new rules, enterprises with up to 100 employees will be allowed. president miguel diaz—canel said cuba was taking firm steps to update its economic model. the chinese e—commerce giant alibaba says it will fire a senior manager accused of rape by an employee. the accusations, which have gone viral on social media, have also led to the resignation of two other managers who allegedly mishandled the affair. we can cross now to our business reporter katie silver who has been following this story for us. katie — serious accusations and huge news in the world of chinese tech — what's the background? what what's the background ? what what's the background? we understand is that i

the inter solar tax, local, state, federal, global, interstellar tech, thanks, jeff bezos and richard branson. while we're going to take a break and come back, what's more coming your way? the me get you out of this thing and then need to talk to the someone will actually be able to pay more than that for me when i'm in a position where they need to go on it for me. which mobile don't want to do about wonderful day to me, but it was easy. i got to know how to choose. you can put an office and going to be as long as it doesn't work for me that is that quote the i use oh, okay. yeah, you know, when you go to deal with a 6, a marathon of creativity and multicultural festival, and the biggest ever arctic competition for a few days became a russian cultural capital. 28 categories from violin and piano to the parenting and data protection night years just throwing up over the water. ga, ga. you could give some kind of a way for them to be here. they filter when read in context. the delta games only take the very best of the best buy. i me the news. the me welcome back to the cause report, i max, or

and finally, richard branson's virgin orbit is planning to go public via a spec merger. later this year. the company and now it's monday. orbit is a spin off of virgin galactic which actually focuses on watching satellites into orbit using a modified boeing $747.00 during an air launch as they call it, the aircraft carrier, the launcher one rockets to roughly 45000 feet and releases them before they take off into space, the company had completed 2 successful lodges this year alone. and as part of this back lifting virgin orbit will merge with next gen acquisition core. and list on the nasdaq, with an estimated valuation of over $3200000000.00. now the technology behind this is absolutely fascinating, but i'm curious to see if it gets as much attention as richard brandon himself going up in the space. i'm telling you if i see a 737 or 747, just dropping. what looks like missiles to go into space, that's very scary. for the time you can catch boom bus on demand on portable tv or see next me americans love buying homes. ah, this was a funded mental part of how our political

so let's dive right in the and we leave the program with sir richard branson selling roughly $300000000.00 in virgin galactic stocks. the eccentric 1000000000 are sold more than 10000000 shares in the company between august 10th and 12th, according to regulatory filing. the move comes is wall street analysts have downgraded the space stock due to a lack of upcoming flight as they focus on maintenance. the parent company issued a statement on the matter saying, branson quote intends to use the net proceeds from the sale to support its portfolio of global leisure holiday and travel businesses which are still dealing with issues due to the pandemic. adding the virgin group continues to be the largest single shareholder in virgin galactic. virgin galactic stock is down more than 50 percent since reaching all time highs in february of this year. and the united kingdom emerged from cobit lockdown. the economy grew by 4.8 percent for the 2nd quarter of 2021, just shy projections from the bank of england. the growth follows a 1st quarter contraction of 1.6 percent. the british economy was propped

richard branson.a police department says they're aware that the ulta store here has been robbed before and they're also aware of all to beauty store robberies around the bay area and they say they're working with other. >> agencies in our region to see if these suspects may have been involved in some of those robberies as well. but for now in the north bay. charles clifford kron. 4 news. >> fighting the flames next on kron. 4 news at 5, 3, times more than the average acres burned this time of year. how crews are working to contain the major fires burning right now in california. plus, caitlin jenner making her case she's sitting down one on one with our ashley zavala to share her plans elected to replace governor newsom at 3 months after a deadly shooting. the vta is getting ready to bring back light rail service when you can expect this unplugged device is protecting our beautiful coastlines and more. put off chores and use less energy from 4 to 9 pm to help keep our state golden. >> hard to deal wit

the decision would mark the first public opportunity for richard branson's flagship carrier.took a step back with his capital deployment in the second quarter. repurchasing just $6 billion in stocks, the lowest amount of buybacks since mid-2020. it was also a net seller of other stocks. that's the bluebird business flash. francine? francine: thank you so much, laura. coming up, time for a booster. america's top infectious disease expert, dr. anthony fauci, says the vulnerable should get a booster jab soon as covid cases hit a six-month high. this is bloomberg. ♪ ♪ francine: -- >> we think the rate at which the variant is spreading should require that we vaccinate the individuals whose immune systems may be weak, we offer a third shot to those, may be a larger number, and that is what we are waiting for. >> we need to look at them in a different light than the durability for a normal person, which means that we will almost certainly be boosting those people before we boost the general population that's been vaccinated. and we should be doing that reasonably soon. francine: the

this comes after billionaires richard branson and jeff bezos both blasted off in their private spacecraft last month. but investors and customers are keeping a close eye on boeing, as it continues to grapple with a series of controversies and scandals involving its $737.00 max aircraft reporting for boom bust trinity chavez, r t. excellent reporting as always, from st. chavez. and very interesting. the last point she made was that right on boeing just cannot get a when, when it comes to anything in the aerospace industry, even though they're the biggest in the industry at a different agency that when, when they assign these contracts with nasa in kind of a similar way that basic that and i believe they were happen around the same time is how many times space x was able to, you know, do missions to the i s. as they were able to work that all out. they were able to get that. and the starlight or project just for lack of a better term and lack of upon it can't get off the ground, maybe something to do with the basics. i mean they also beat out blue origin and even just phases. couldn't get i

color, the inter solar tax, local state, federal, global, interstellar, thanks, jeff bezos and richard branson. while we're going to take a break and only come back, what's more coming your way? the me one of the worst in a nash shootings in america was in las vegas in 2017. the tragedy a close a little of the real last vegas. where many say elected officials are controlled by casino loaners. the vegas shooting revealed what the l v m p d really is. and now it's part of the stand machine to the american public barely remembers that it happened, but just shows you the power of money and las vegas. the powerful showed that true colors when the pandemic had the most contagious contagion that we've seen in decades. and then you have a mayor who doesn't care to, here's caroline goodman, offering the lives of the biggest residents to be the control group to the shiny facade, conceal of deep indifference to the people the vice could have been saved. if they were to take an action, absolutely keep the registering and keep the slot machines doing. they use as a money machine is a huge cash register tha

thanks, jeff bezos and richard branson. while we're going to take a break and only come back, what's more coming your way, the me other stuff. and then need to talk to someone who can be able to pay more than that for me when i'm in a position where you may need to check on it for me, which one you want to do about what we're doing today? i'm doing good. when i get to know good, how do you think you put up with me going to be as long food one me to tell you the boucher what would you need any of the a ah ah ah ah the me welcome back to the cause report. i max or time out of turn to mark value of increment dumb mark, welcome back time x marks the entire german yield curve is negative. wow. greg foss says this means that these bonds are now a liability and not an asset. do you agree? i do agree, i mean, this has been building over the years. the yields have been dropping and dropping in some of these countries have been using negatively already since yes, germany, one of the major examples. and yeah, it's just, i think, basic

and richard branson, while we're going to take a break and come back, what's more coming your way? the me ah, what we've got to do is identify the threats that we have. it's crazy foundation, let it be an arms race is often very dramatic. development only personally, i'm going to resist. i don't see how that strategy will be successful, very critical of time. time to sit down and talk me. one of the worst ever mess. shootings in america was in las vegas in 2017. the tragedy a close a little live in real life vegas, where many say elected officials are controlled by casino owners. the dangerous shooting revealed what? the l v m p d really is. and now it's part of the spin machine to the american public barely remember that happens, that just shows you the power of money and las vegas. the powerful showed that true colors when the pandemic had the most contagious contagion that we've seen in decades. and then you have a mayor who doesn't care. so here's caroline goodman, offering the lives of the vegas residence, to be the control group, to the shiny facade concealer deep indifferenc

the lifeblood of modern civilization and the people funding this whether it's the jeff bezos or richard branson or bill gates who is one of the biggest climate activists, actually is bidding on the world's largest private jet transport company so it's not going to affectthem all . i get into that in the book as well. this is a system in which the people in charge are going to have their livesaffected . this will affectwhat we regrettably called the masses . the new deal will suppress the absolute masses. we have people declaring in a climate emergency they want to go from cobit lockdowns to climate lockdowns. you can only flywhen it's morally justifiable . we have climate lockdowns where people will have missed more freedom. you have a moment who likes recessions. this is why the major environmentalists praise the covid lockdowns and there is a movement in academia where they need to add climate change because it causes death to death certificates so we can start getting the tolls from climate change will be much greater. they want to now have climate change daily, monthly annual death toll eng

we see richard branson and just and that's it for this time you can catch boom bus on demand in the portable tv app available on smartphones and tablets. you google play in the apple app store by 30 portable tv where it will tv can also be downloaded on samsung, smart tv, and roku devices, or simply check it out at portable dot tv. well, see, next me the british and american governments have often been accused of destroying lives in their own interest. what you see in this nice techniques is the state devising message to end essentially destroy personality of an individual. by scientific means. this is how one doctor's theories were allegedly used in psychological warfare against prisoners deemed a danger to the state. that was the foundation for the method of psychological interrogation, psychological torture, disseminated within the us intelligence community, and worldwide among allies for the next 30 years. and how the victim say they still live with the consequences today? ah, the ah . one of the worst ever mass shootings in america was in las vegas in 2017. the tragedy a close a little

color at the inter solar tax, local, state, federal, global, interstellar, thanks, jeff bezos and richard branson. well, we're going to take a break and only come back, what's more, coming your way. the me the the british and american governments have often been accused of destroying lives in their own interest. while you see in this, these techniques is the state devising message to end essentially destroy personality of an individual lifetime. means this is how one doctors, theories were allegedly used in psychological warfare against the prisoners deemed a danger to the state. that was the foundation for the method of psychological interrogation, psychological torture, disseminated within the us intelligence community, and worldwide among allies for the next 30 years. send out the victim, say they still with the consequences today. the me welcome back to the cause report. imac guys are time out of turn to mark valid of increment them. mark, welcome back. i next mark the entire german yield curve is a negative. wow. greg foss says this means that these bonds are now a liability and not an asset

thanks, jeff bezos and richard branson. while we're going to take a break and only come back, what's more coming your way? the me, i is your media a reflection of reality the world transformed what will make you feel safer? types, elation, community. are you going the right way? or are you being that somewhere? direct? what is true? what is in the world corrupted. you need to defend the join us in the depths. will remain in the shallows, ah, the you understand. and then in to talk, the someone will actually be able to pay more than that for me when i'm in a position, if you wish to vote for me on what you want to do about what you're going to be doing. but it was yankee, i got to know how to choose. you can put an offer me quite a bit as belong to the one me to tell you the other hand that why would you need that? because that quote should so what we've got to do is identify the threats that we have. it's crazy. even plantation, let it be an arms race is often very dramatic. development only personally, i'm going to resist.

the world of space tourism, we hear a lot about the likes of jeff bezos is space, origin and richard branson's, virgin galactic. but now the marketing arm for the russian space agency is looking for potential customers to take a trip to the international space station. not much information is provided regarding the price or what exactly the trip would entail, but it would appear that the flight would take place on a soil use launch vehicle will bring you more details on that as we get them as well. and that's it for the time you can catch boom bus on demand on the portable tv app available on smartphones, tablets, google play in the apple app store by searching portable tv. portable tv can also be downloaded on newer model, samsung smart tv, roku devices, or simply check it out at portable dot tv. will see you next time. like i the family is not up with mark. just marking your function, you go with a good way to check the number or do you want me to john? i got i've got that limit and i wanted to go back to the work for me one above above. i've been up there for me and so what we've got to do

keep in mind the people funding this whether it's jeff bezos or richard branson is, they're off not following my of this or bill gates who is one of the biggest climate activists is bidding on one of the world's largest private jet transport companies. it's not going to affect them at all, and i get into that in the book as well. this is a system where the people in charge aren't going to have their lives affected. this is going to affect what we call the masses. the green new deal is going to repress the absolute masses. we have people declaring that in climate emergency they want to morph of from covid lockdowns to climate lockdowns. we have the international energy agency report proposing climate lockdowns where people are going to have less freedom of movement so we can reduce emissions. we have a planned recession movement if because they reduce emissions. this is why all the major environmentalists praised the covid lockdowns. there's actually a movement now, and i detail this in the book, in academia where i think want to add climate change as the a cause of death so we can start getti