food from the pushing positivity in calling pessimistic coverage part of the conspiracy professor richard wolfe is on hand to give us his latest take on the transpacific trade and the near term future of the u.s. economy and finally major corporate titans are squaring off in court and tesla is under fire yet again as they face a super wal-mart over solar panels our correspondent alex mahela just standing by to break down the trouble for the electric giant can one show really cover all that we're about to find out go. a threat of sanctions over an arms deal leaves our globe report today as china's foreign ministry says it will target any u.s. company involved in the sale of advanced fighter jets from the u.s. to taiwan the island nation and u.s. ally plans to pay a $1000000000.00 for $66.00 f. 16 v. fighter jets made by the joaquim martin corporation beijing still considers taiwan which was founded after chinese nationalist forces retreated from the mainland to be a renegade province of their country and previously threatened similar sanctions after a separate u.s. sale of missiles and tanks to

really do better than this kind of scrapping around excellent insights as always from professor richard wolfe and we're fortunate to have him here for the whole show so stick around because we'll get to some more topics later in the 2nd half of the show. china's. china's ali baba group holdings has delayed its initial public offering in hong kong as protests continue to create turmoil in turmoil in the financial capital of asia the e-commerce giant was expected to raise up to 15000000000 dollars in the hong kong i.p.o. now according to an exclusive report by reuters citing 2 people familiar with the situation ali baba is waiting till at least early october with hopes of raising that same $15000000000.00 the timing will depend on the state of political uncertainty in hong kong and market conditions at the time the decision to delay the filing which was planned for later this month was made during a board meeting after the company's earnings report last week as protests entered their 11th week hong kong's hang seng index fell to 7 month lows. time now for a quick break but stay tuned because wh

david: getting rid of grades in school, professor richard wolf say it is time, all levels of educationrades or amer stock -- bring it on, bring it on in droves. i just don't know. people do better, if you budget all of world record, that continually get beater, not just because of train but people have something to work toward that is how it works in real world, we need to get people who have common sense to do it. we have these crazy loonie ultra left people who are indoctrinating our kids with these ridiculous ideas that will not prepare them for the real world. >> this is case of let's redo it, i graded thousands of student papers, one thing that happens is a rampant rate inflation where grades matter less, it undermines ter -- meritocracy, doing away with grades will undermine everything it hard enough to get students to go work anyway. grades are one way to hol hold t to the fire, there is an issue in the way that grades are divvied out in dlenl colleges and universities, and we all get a's because we pretended to to our best. >> that is an indictment of the grading system, i want

professor richard wolf says yes, we should. why? ocracy and upholds capitalism. in an article, wolf argues grading has little pay off for students. he joins us now. how does removing grades help better prepare students for the real which is right now a capitalist world? >> i think most employers know as most students do that each person has unique, has ways of learning, thinking and contributing. giving them a single grade b at the end of a semester like you've had a piece of written work doesn't get at any of that. it is a bad index. employers have discovered like all of us have discovered over the years that hiring people on that basis is a very mixed bag but they haven't drawn the conclusion if you want to know what the capabilities of a person are, you have to spend some time, you have to spend some effort, you have to have some interactions with the person to see what their skills are, not to give them some little exercise and throw a letter at them. it's a short cut that does not work. >> i don't doyce -- i don't disagree with

new york where richard wolfe a professor of economics says that people are waking up to the fact that trump went to live on his promises. if you impose a tariff and if the chinese as they have done respond with a tyrus that is going to hurt the american companies that used to sell to china i don't think anyone is surprised that mr trump's promises that this kind of job ending in the united states would stop turns out to be a promise he cannot deliver and i think it will hurt his image in the united states because it more and more people are confronted with the difference between what he promises and what he can deliver the underlying economic reality is driving people to recognize that mr trump was just a republican version a bit more extreme perhaps but not fundamentally different from all of the others. before we go we have got some dramatic footage to show you from the russian cities terrans because a drunk father that dangled his baby to a transfer window threatening to drop luckily some local police officers managed to save the day. of the who was. on. c the phone. with the princ

new york economics professor richard wolfe believes people are waking up to the fact that trump won't be delivering on all of his promises if you impose a tariff and if the chinese as they have done respond with a tyrus that is going to hurt the american companies that used to sell to china i don't think anyone is surprised that mr trump's promises that this kind of job and being in the united states would stop turns out to be a promise he can deliver and i think it will hurt his image in the united states because it more and more people are confronted with the difference between what he promises and what he can deliver the underlying economic reality is driving people to recognize that mr trump was just a republican version a bit more extreme perhaps but not fundamentally different from all of the others that's a global news update for this hour but don't forget you can always have to our website or to dot com for the details on all the stories and more. join me every thursday on the alex salmond show and i'll be speaking to guest of the world of politics sports business i'm showbusi

solution is pushing positivity in calling customers to coverage part of a conspiracy professor richard wolfe is on hand to give us his latest take on the transpacific trade fight and the near true future of the us economy and finally nation's corporate titans are squaring off in court and tell us what is.

the food from the pushing of the in calling pessimistic coverage part of a conspiracy professor richard wolfe is on hand to give us his latest take on the transpacific fight and the near term future of the u.s. economy and finally days of corporate titans are squaring off in court and tesla is under fire yet again as they face a super wal-mart over solar panels our correspondent alex mahela just standing by to break down the trouble for the lecture john can one show really cover all that we're about to find out let's go. threat of sanctions over an arms deal leaves our global report today as china's foreign ministry says it will target any u.s. company involved in the sale of advanced fighter jets from the u.s. to taiwan the island nation and u.s. ally plans to pay a $1000000000.00 for $66.00 f. 16 v. fighter jets made by the joaquim martin corporation beijing still considers taiwan which was founded after chinese nationalist forces retreated from the mainland to be a renegade province of their country and previously threatened similar sanctions after a separate u.s. sale of missiles and tank

today the bad part of the global economy thank you piling outfit on them gloomy picture professor richard wolfeis on hand to sift through what may be on the horizon. to lose or don't strengthen and just maybe.

learned that lesson in 2007 it seems we haven't and we're going down that road again professor richard wolfe author of democracy at work find him on twitter and patriot thanks for your time. thank you. b.p. is selling their oil drilling operations in alaska to a private well and gas farm bill clark in a $5600000000.00 deal while the oil giant has space criticism from environmentalists to halt fairly operations in the region they said that it had no bearing on the sale b.p. owns a 26 percent stake in the prude hold the oil feel the oil field has produced more than 13000000000 barrels of oil since exploration began officials from b.p. said the deal is part of an effort to raise $10000000000.00 over the next 2 years to boost their bottom line b.p. c oh bob dudley said that the sale will help the company to pursue new advantage opportunities b.p. started operations in alaska 1959 and it was a key 4th behind building the 800 mile transit lask a pipeline. now for a quick break would stay tuned because just on the other side the ruling against johnson and johnson may be a major breakthrough in the

showing that a richard wolf from new school, a professor says that grading students is a pushing capitalismis my question, if students are not graded on anything, with no measurement, why would they go to class or college. if i was a student in this position, my school took away grades, i would just drop out. and go goodwill hunting. and read until i was wicked smart. this is why students go to school. to wh prove what they have lear. >> this is like indicting capitalism, 11 for learning sake, if you can go and 11, and maybe not -- learn and not worry about a grade. but to hear about somehow it encourages capitalism capital cn inventor chose a unique way to cross the english channel. >> frankie zapata is an inventor from france, he tried to cross the english channel on a lover record -- on a hoverboard. i remember learning as a kid about a train that ran under the english channel, now people are flying over it. it is fantastic. i love the achievements that are going on there. in this part of the world. >> like jetsons. okay. why is this man, throwing a fridge off a cliff? >> well, he throwi

need to learn in school and those watching thinking i am not in college, this doesn't affect me, richard wolfhrough high school through elementary school. every 6-year-old not receiving a grade, not knowing if they can read properly, that has huge implications for our society and this is something we have been covering, professors that disparage meritocracy and getting awarded based on what you can achieve. >> really offers no suggestion what school would be like without grades, just kind of bashes the current system and ends the op-ed right there. >> a fitness flareup in washington, the chairman of two gym rants facing backlash for his decision to support donald trump. >> but he's not taking it lightly, he is responding to calls for a boycott. so any plans for this weekend? of course he's got plans. with labor day deals starting from 20% off, bookers are leaving summer with no regrets. it's labor day! book a place to stay and be a booker at booking.com. book a place to stay and be a booker learned ao play second language applied to college applied for a loan started a business started a blog

wolf? >> the mayor of philadelphia, the philadelphia police commissioner, richard ross, they're heading to temple university. to temple university hospital right now a little while ago. temple university tweeted this. lockdown is in effect for health sciences central campus. seek shelter. secure doors. be silent. be still. police are responding. it's been going on for at least an hour. >> there are six officers that have been shot. this is still an active dangerous situation. we don't know if they were there to serve a search warrant or a drive by. it spiraled out of control. now we have six police officers shot. it appears they are nonlife threatening injuries. police are wearing armor. none of the officers that we can see are unprotected but you can tell, given the depth, the breadth of the situation, now you have the federal agencies responding to the scene. the atf are all trying to see what they can do to help this situation. you can't have someone inside a home, in a residential neighborhood, firing on police officers for again, for over an hour because just a few minutes ago we hear

wolf? >> cnn's fred pleitgen in moscow for us, thanks very much. joining us now, senator richard blumenthal, a democrat that serves on the armed services and judiciary committees. senator, thanks so much for joining us. let me get your immediate reaction this report that we just heard. are we starting to see the start of an arms race? >> we're certainly seeing vladimir putin taking advantage of weakness that has been demonstrated by president trump, his efforts to curry favor with vladimir putin are simply emboldening the russians to continue their buildup of armed forces. they violated the inf, they're building more submarines, they are seeking to rival us, militarily, and diplomatically and divide us. and the big winner of the g-7, in fact, maybe was vladimir putin, because all of these reversals and walkbacks and dodges not only sewed discord among our allies, there are so many pirouettes, it's almost as if donald trump was auditioning for the ballet and vladimir putin has become his best friend. but militarily, diplomatically, economically, that counts for nothing to vladimir