so robin hood can actually control this. it's completely dependent on the clary houses and clearing houses. they just that requirement that fluctuate daily based on volatility in the market. so if we have another flurry of this mean trading, this could actually happen again. and as a result of setting these training limits on those names, robin hood based a lot of backlash from outreach customers who lost their money, threatened to leave the app store and due to litigation, etc. that also received us congressional inquiries and investigations, negative media, all of which caused reputational harm to the name and what poses the risk in the future as a publicly listed company to affect the price of stock. yeah, and it's interesting to see the fact that robin hood is now admitting that this could happen again. it's just all up to those read it users who decide to come together. now ben, this is a sentence that would not make any sense if you heard it before this year. but robin hood has also listed don't coin as a risk factor f

it is no surprise to hear that robin hood's i. p. o is raising questions about the power of mean stocks to disrupt financial markets. robin hood, which claims that as democratizing finance has found us solve, caught in the middle of mean stock traders and the fcc now and it's i p o filing robin hood says it cannot assure investors that mean mania like game stop or am see won't hit again. so joining in out of those jobs are boom bus, co host benson and christy i. christy, let's start with you here. now in an i p o filing companies have to list specific risk factors for investors. why would robin hood claim that means stocks are a risk factor while it's not exactly the mean talk that are the risk factor if the trading frenzy that comes with that because it's a big risk. and that's because robin hood like all brokerages, they depend on query houses to clear their trades and execute climes trade. and these clearing houses have certain capital requirements that are raised, strained, curious, of increased and heightened volatility. so that

associated with robin hood holds a large equity stake in dough. and that goes back to the wall street journal. back in february, they did some reporting that that time that indicated that about 20 percent of all those coin and circulation belong to one person or one entity about 30 percent of them. and very possibly that there may be a connection to robin hood itself that we don't know that. but here is what is a significant point here, is that the ceo of robin hood says, this is not true and that the company itself holds no major stake in any of the coin they trade. well, volunteer volatility of coin thing should not necessarily be bad for your business model unless you say, well people are buying them through us and therefore if they get hurt, that will reflect badly on us. but the thing is robin has a platform for stocks and it's a platform for crypto. so the idea of crypto go with up or down, or stocks going up and down would have a large detrimental impact on the platform. i think it's highly unlikely. yeah. and it is notable to see that we'r

i mean that can change the entire landscape for robin hood. most of the earnings, most of the revenue shows the site it coming from 2 major business areas. number one is auctions, trading, which is completely synthetic and trading. and secondly, crypto. we know that these 2 areas are going to the immense regulatory pressure in the common courses. same thing, and this is just maybe for view as as familiar with with robin hood. do you think they are succeeding in that stated aim of democratizing finance? it kind of reminds me of google and it's early years where the phrase was, don't be eco, and some would say that they are maybe not living up to that anymore. what about democratizing finance? i think they have done that quite well. because now every single person on the street can really get access to it company very easily without having a big set of fair walls to climb through. in order to to have that. remember back in days, the mini mom accountable me requirement is about $25000.00 to do to if you want to come the day trade. in addition to

it is no surprise to hear that robin hood's i. p. o is raising questions about the power of mean stocks to disrupt the financial market. robin hood, which can names it is democratizing finance, has found herself caught in the middle of mean stock traders and the s c c. now in its ip filing, robin hood says it cannot assure investors that mean mania like game stop or am see won't hit again. so joining us jobs are boom bus, co host ben. so on and christy i. christy, let's start with you here. now in an i p o filing companies have to list specific risk factors for investors. why would robin hood claim that means stocks are a risk factor? well, it's not exactly the mean talk that are the risk factor, the trading frenzy that comes with that because it's a big risk. and that's because robin hood, like all brokerages, they depend on query houses to clear their trades and execute climes trade. and these clearing houses have certain capital requirements that are raised stream curious of increased and heightened volatility. so that's exactly w

this robin hood going the same route.ng to be part of the bigger technology crowd, you might say. you can see what the trading has done over time. you will hear, you talk about a 55% increase last year. estimated from 2019. another 14% increase this year. clearly, in -- clearly, there are some estimated figures pulled together before this -- before the perspectives came out. we have a better idea with $959 million in the first quarter as opposed to self -- 278 million a couple of numbers -- a couple of years ago. numbers like that pop out. matt: the numbers that pop out to me are the net income and net loss. katie, it's a little bit confusing. only $7 million, but it's better than a stick in the eye. $1.4 billion versus a loss in the same quarter a year ago of a $53 million. are they earning money or losing a lot of it? >> i was a bit surprised. we know they were very active. bloomberg intelligence has a on that. that compares to about 10% a decade ago. that's an environment where you might have expected robin hood to mak

and in other news, robin hood is facing everything from federal, fine to criticism and read it as it files you go public. we'll discuss how all the pressures fans impact the popular app moving forward. and later trade between the you can, you is picking up the fight post wreck, the concert. we'll go over the numbers and see whether the trend will laugh. we have a tax, so today. so let's dive right in we leave the program with by dance, the company behind social media giant tick tock, shelving its plans for an ip mid scrutiny in china. beijing based social media giant last valued at $180000000000.00 in a funding ground in december, had been weighing an initial public offering of all or some of his businesses in the us or hong kong. instead, the companies found or decided that it would be better to wait. joining us out, discuss harpooned by co host, spend swan. christy. i ben, i'm going to start with a big question. why is bite dance, making this move to pull back these plans? yeah, i think there's a couple of big reason for the biggest is that china has this regulator that's essential

so robin hood can actually control this. it's completely dependent on the clary houses and clearing houses. they just that requirement that flex.

there's that made it famous thing the world should it more the robin hood i p o altogether. so what will this mean for the future of the newly public company? joining us now, this is michelle snyder, partner and director of training research and education for the market gauge group . now michelle robin hood was just fine $70000000.00 by wall street self regulator for widespread and significant harm to the users. the company is also under scrutiny from the c c over the practices that generate most of its revenue. so how do investors see all of this pressure right now? well, we can add to that by the way, the $12600000.00 they had to pay in restitution. what i like to call the list of their crimes and misdemeanors. for example, false margin information, erroneous margin calls inaccurate account balances, inaccurate options, trading risk mean stocks. they couldn't keep up with the volume. and we had that unfortunate incident where that 20 year old kid committed suicide because he thought he owed a lot more money, which really goes down to i think their biggest issue, which is c

so where does robin hood make money? first of all, they have interest on their, on investing cash. so in other words, if you don't actually invest the money, they will charge you interest on that. or you also have a subscription service called gold service. they get $5.00 a month on that one from their people and they have $30000000.00 subscribers. but their biggest way that they make money is selling order flow, and that's where a lot of the rhetoric people are extremely upset about. because in essence what they're doing is they're selling your order flow to institutions, which then of course, can jump ahead those trays. so if you put that all together, we have to continue to see where it's going to monetize from number one. obviously it can can itself into too much more trouble at this point. and also just the whole trend of the trading has to continue, which means the market has to face all them if we get any kind of shift in how people are investing, that could be trouble for them. so that's really the bottom line. they had the 0 commission everybody's doing and now it's more c

robin. >> good to hear that. right, will, thank you. >>> we're going to turn now to ginger with the track of the store, she's in the rockaways here in new york where they are bracing for elsa's arrival. good morning, ginger. >> reporter: good morning to you, robin. different beach, different morning, same tropical storm elsa. you can see right behind me the surf already kicking up. surfers taking advantage but we're less than 24 hours from seeing impacts, talking about gusty wind, heavy rain and potential for tornadoes still on. let's look at what happened in south carolina, you can see them picking up from what could have been a tornado there. these outer bands are lashing up the east coast and they have already proven, they have the potential to cause tornadoes, so from myrtle beach this morning up through, say, wilmington and wrightsville beach, i want you to be on alert as they move north. north carolina, the outer banks, need to watch out and you'll likely see them extend northward. tropical storm warnings g

robin? >>> now to a consumer alert.. yeah, and i'm sorry to share this news as you're enjoying your morning ritual, but coffee prices have spiked 18% in the last three months and there are three key reasons here. first of all, a drought in brazil, the world's largest producer of coffee beans. if you see arabica written on the side of your beans there's a good shot they came from brazil, but this year farmers there say they're expecting the worst harvest in 20 years. the second issue is shipping costs. they have risen around the globe in light of the pandemic, and even though colombia and vietnam have coffee beans, the shipping costs make them more expensive and in some cases impossible to even get here to the united states. finally, we're drinking more coffee. we drank a lot of it in the pandemic at home. as cafes are re-opening, people want to be social again. they're going out. that sends demand up and in turn prices are rising. now, where you might not have yet seen the price increases are at grocery stores because t

he and his subscribers have deserted robin hood over those controversies. i think that robin hood has more inexperienced traitors, and therefore, as a proportion encourages riskier trading without the full disclosure of the responsibility. when you have that many inexperienced anderson, robin hood, his racing increased scrutiny from regulators and lawmakers, but with a view on the nasdaq stock exchange, it will now have the money to fight back 6 years. cattle have al jazeera on washington for the mission. ah, this is al jazeera and these are the headlines the philippines has restored a key.

robin. >> so disturbing.u so much. >>> coming up next, gio benitez is going to talk about a major backlog in processing passports and how it could affect your vacation. come on back. your vacation. come on back. like many people with moderate to severe ulcerative colitis or crohn's disease, i was there. be right back. but my symptoms were keeping me from where i needed to be. so i talked to my doctor and learned humira is the #1 prescribed biologic for people with uc or crohn's disease. and humira helps people achieve remission that can last, so you can experience few or no symptoms. humira can lower your ability to fight infections. serious and sometimes fatal infections, including tuberculosis, and cancers, including lymphoma, have happened, as have blood, liver, and nervous system problems, serious allergic reactions, and new or worsening heart failure. tell your doctor if you've been to areas where certain fungal infections are common and if you've had tb, hepatitis b, are prone to infections, or have flu

he and his subscribers have deserted robin hood over those controversies. i think that robin hood has more inexperience traders, and therefore, as a proportion encourages riskier trading without the full disclosure of the responsibility. when you have that many inexperienced henderson, robin hood, his racing increased scrutiny from regulators and lawmakers. but with his debut on the nasdaq stock exchange, it will now have the money to fight back 6 years. cattle have al jazeera on washington, the triumphant wait list. highland diaz has arrived home with the olympic gold medal. the philippines has been waiting nearly a 100 years for and she's returned with a message for philippines, politicians who made it a struggle to succeed jamila elling doggone has that story. from manila, she bore the weight of her cuz she is expectations and lifted the spirits of embattled weary filipinos high berlin d. as is the 1st filipino to ever win an olympic gold medal. i didn't speak to the, it's more than it's a we in goal. it came at the time that this country truly is beyond

robin?and everyone to take care, trevor. thank you. >>> we'll go to ginger in north redington beach in florida with the track and timing of the storm. good morning to you, ginger. >> reporter: good morning to you, robin. you have the surf kicking up, but it looks like a fine morning until you realize there are storms brewing that things more than 200 miles away but these hotels while they look sleepy at this moment are chock-full of vacationers. this is a big vacation weekend. it's one of the main concerns we have as this thing moves north-northwest at 12 miles per hour right now. whipping key west as you saw in trevor's piece and it will keep moving north. naples, fort myers, you'll start to deteriorate later this afternoon. we're in a hurricane watch. all the way up through clearwater, sarasota, bradenton all on the lookout for tropical storm elsa. the worst of it will pass by late tonight through early tomorrow. so that's the timing and then you see it make it up to the florida/georgia st

we didn't build robin hood for the rich or those with decades of experience. we built it for everyone. were humbled to be serving over 22000000 people. the critics say that can also be a bad thing. the gamification has become an issue because it's a little bit like using a virtual credit card. it detaches you from what you're doing. right. so it detaches you from the serious financial implications of the decisions you make, right? because we're used to getting our balloons and confetti when we send each other a text message on our phones. now when we make a potentially of 10 to financial decisions, the company has had several controversies over recent years in june last year, student alec kerns, committed suicide after thinking that he owed more than 700000 dollars on risky investments through the ap, his family later sued the company for negligence. in january of this year, thousands of customers were blocked from buying game stop. shares at the height of its price serves. the company faces a class action lawsuit. and in june this year, us financial regulator

he and his subscribers have deserted robin hood over those controversies. i think that robin hood has more inexperienced traitors, and therefore, as a proportion encourages riskier trading without the full disclosure of the responsibility. when you have that many inexperienced writers, robinhood is facing increased scrutiny from regulators and lawmakers. but with this debut on the nasdaq stock exchange, it will now have the money to fight back years ago. have al jazeera on washington with a head on al jazeera. all of the posters are pretty, pretty spooked out right now. in force, concern from the world record holder is a colona virus. afraid throws the poles of into, into a brought to you by accenture. let there be change the news with me duties by extension that there be change? oh, a 40. i think i can thank you so much. is it a major run about escape hit of the start of the track and field events in tokyo. that will will champion american po vasa. sam kendrick is now out of the games of testing positive because of 19, as a and argent timeko voltage will r

robin hood dropping its s-1.. our next guest has written extensively and crypto makes up 70%. >> great to be here. i'm still trying to recover from that amazon song that was something robin hood's s-1, when so much of the revenue is given in options and crypto and potentially meme stocks, there is a risk. i was even blown away. going from $278 million in 2019 to $1 billion in 2020 to $22 billion this year. astro nom call they went to a $7 million profit in 2020 you never see the hyper growth go profitable they say 80% of their users are organic or referred. i believe it revenue went up 450% >> redity was its marketing until it turned away at the end of q 1 >> we don't have an idea of the cost because frankly, the systems weren't ready. we've seen the upside but we don't see the cost that will come in as necessity of coping with it. right? >> yep risk there's a ton of risk. there's actually 75 pages of risk in the s-1. pretty hard to read through. they list everything temporary outage, customer outage risk. especi

robin. >> all right, robin, thank you. >>> we're following a lot of headlines including the new travelthe uk are surging because of the delta variant. thousands are being asked to self-isolate. >>> here at home the american academy of pediatrics are saying all kids should wear masks at wildfires in the west, more than 80 fires raging across 13 states. one fire as ginger has been telling us so big it's creating drought could spark more fires. >>> history this morning from a young hockey player, 19-year-old luke prokop has become the first player under contract with an nhl team to reveal he's gay saying in a post online he's no longer scared to hide who he is and he's now living his authentic life which will allow him to be a better player. his announcement comes less than a month after karl nassib of the raiders became the first active nfl player to come out as gay. >>> still a lot more ahead on a very busy morning on "gma." we are live in south dakota. we are going to "rise & shine" from the mt. rushmore state. our cecilia vega is there and we'll check in with her in a bit. >>> but now

robin. >>> now to the latest on bill cosby.s is a live look at his home just outside of philadelphia. he is now out of prison after his sexual assault conviction was thrown out due to a technicality. linsey davis has been covering the story from the start, and joins us now with more. good morning, linsey. >> reporter: good morning to you, robin. many are just floored by this decision, but reaction is really across the board. you have supporters who are outside of his pennsylvania home yesterday chanting, we love you, mr. cosby. one of his attorneys described his release as proof of a syste. meanwhile, you have many critics and accusers who are describing his release as heartbreaking. this morning, bill cosby is officially a free man following a ruling by the pennsylvania supreme court overturning his conviction for sexual assault. the comedian telling me in a phone conversation about his disappointment with some of the coverage. >> nobody had the sense to say, wait one second, this doesn't match up with the truth, this is not w

where, robin?s & steals" to turn back the clock with products starting at just $4. we'll be right back. ♪ ♪ don't stop make it pop deejay blow my speakers up tonight ♪ cts to see dramatic results? try olay skin care. just one jar of micro-sculpting cream has the hydrating power of 5 jars of a prestige cream, which helps plump skin cells and visibly smooth wrinkles. while olay retinol24 provides visibly smoother, brighter skin. for dramatic skincare results, try olay. brand power. helping you buy better. and shop olay's special edition jar, celebrating fearless athletes everywhere. available at walmart. dear stranger. you may know us. but you don't know our whole story. when everything we sweat for... sacrificed for... worked for... was put on hold. masks closures. the world is rocked by the global pandemic. global lockdown. but dear stranger, you were there... where you at peloton? i'm right here with you team. making sure we never stopped. keep working baby. family meeting! ♪ we have big news. new

robin. >> all right, james, thanks. whit. >>> back here at home, and with the delta variant driving a summer surge, pfizer is again making the case that booster shots may be needed because its vaccine's effectiveness goes down after six months. all of this happening as 45 states are now seeing an increase in new covid hospitalizations. our trevor ault is live at a hospital in tampa with more on that story. trevor, good morning. >> reporter: good morning, whit. so these breakthrough infections and new research on the delta variant is certainly causing some alarm. the cdc tightening its mask recommendations and booster shots are becoming a serious discussion but make no mistake this virus is hitting the unvaccinated much harder. as one doctor told me here in tampa, this is already a bad situation and still an impending storm is coming. overnight, major league baseball postponing the nationals/phillies game because of a covid-19 outbreak. 12 members of the nationals testing positive including four players, the team's manag

robin?he's taking us behind the scenes of her week at america's favorite quiz show. >>> all right, michael, pipe down. you know -- remember those -- >> those spreadsheets. >> with all the answers. >> lock them up in the safe. >> i'm telling you what, bravo. >> thank you 37. >> you did a great, great job last week. >> thank you. >> yes, you did. now it's your turn to do it. >> let's move on. let's move on. let's go. let's go. it was more excitement. >> there's a lot of excitement. >>> we're so excited because amazon and blue origin founder jeff bezos and his history-making crew, there they are, they're going to join us ahead, and we're going to hear about their journey to the edge of space. >> that is quite a crew right there. >>> but we begin with new covid concerns. frontline workers around the country are sounding the alarm about the delta variant as more ce s dakota and omg haveepted a increase in new covid case >> in fact, george, the average number of cases nationwide per day is up 160%

" produced by rockin' robin productions.o happy. danielle brooks, she just transformed into mahalia and i'm so appreciative of the entire cast and crew on lifetime knowing people more know about mahalia jackson. >> i was wondering what that sound was i heard. okay. >> but congratulations to all the nominees. >> congratulations to you. >> thank you, thank you. >>> here are the other headlines we're following right now. the latest on the severe weather out west. new evacuations as wildfires explode and five dozen large wildfires are burning. fuelled by blistering heat and gusty winds. ginger and our team tracking it all. >>> also, tokyo just reported its highest number of new covid cases in six month, nine days before the olympics are set to open there. the city is under a state of emergency and officials have announced there will be no family or fans allowed in the stands. >>> breaking this morning, pope francis back home at the vatican ten days after his surgery. 84 years old seen leaving the hospital. several more weeks to

so robin hood has changed all of those models. in south africa, the army has been deployed the cave down to help deal with what local is a calling a taxi war. dozens of people have been killed over the past 3 months. would rival taxi association battling about the ownership of a hotly contested route from cape town? robin smith reports with millions of south africans dependent on public transport. the government is not taking any chances. rival, taxi associations have been fighting for ownership of a busy route. confrontations have raged for years, and it's got worse. with more than a few people killed so far this year. 24 of them in july alone. among those injured a 5 month old baby, i can eat his drivers and bystanders say they are living in fear. we can't exactly drive like the way we used to this is because though the with the, with the got a suit with 2 guys, 3 guys came out on the corner and then just enjoying that fun side of the container where we know mine and those guys came to us, ending with guns and then the shoots. o

robin. >> still a long way. will, thank you. michael? california is one of several western states fighting to contain those out-of-control wildfires. this morning, we're tracking extreme weather all across the country. we'll go to ginger with more on that. >> good morning to all of you. the monsoon is a problem with flash flooding. but when the seasonal shift in wind comes, so do thunderstorms. this is in central utah. 20-car pile-up, dust was so thick, visibility went down. at least seven people were killed in the crash. then you go to arizona, south of flagstaff. a 16-year-old girl was in that car, she called 911. said water was knee level. then within a couple of minutes it was rising so quickly it went up to eight feet. the rescuers tried to get to her. she is still missing. this is why we say don't go in a car into the water. this is going to keep happening. this was advertised as of last week, the flash floods, they'll keep happening. as you can see here, this is in utah. it's all because we get the shift of wind and the water come

plus robin hood, e*trade and sulfite giving new online competition. the ceo, i started to loyalty and investing one of the biggest names in the market. we will get into that retail sales supply soon take over the retail revolution? one ceo is helping mike the founder, julie will be here to talk about that shopping dining out, hiking threatening to stop america's post- pandemic dharna and changing taxi while on just how dangerous the delta variant really is. information. let's get to the markets on this friday as we head toward the weekend. this past monday, all three major averages it record highs but look where we are right now. nasdaq on facebook worst week in two months and the others heading gone for up nearly 1%, nasdaq one and three quarters%. the question is, what's been driving markets after hitting all-time highs as we said at the beginning of the week inflation fears, rising college 19 delta variant cases all with earnings seasons getting underway. investors are taking a wait and see approach could it be all for it right to the bar and get s

i'm not a fan of robin hood. what you said that they've drawn people to the market and the same people that come into robin hood can, through e*trades, not like they need robin hood. i'm not a fan of what they've done, they gameifieasy it. the last of the capital markets needed the casino but that is what robin hood has done. the thing about kathy would, you are assuming she bought it at the closing price, she didn't buy the whole position but at the end of the day, as they get weaker was buying more. i think she has vision, i'm not a buyer of robin hood. stuart: i guess he's not a fan of robin hood. >> a fan of kathy would. you have 22 million accounts, up 20% in the past year $100 billion in assets, when you see growth like that it is not buying it at $30. >> i don't like that model. maybe i missed it. i'm not a facebook user, i don't care what the story is, people can be investors. i love the fact that more people are getting in but they can get in through other venues. that is what really annoys me. they said

robin brant, bbc news, zhengzhou in eastern china.is story, let's see some new pictures that have just come in from zhengzhou, where the flooding has left vehicles stacked on top of one another at the entrance to a road tunnel. this after major roads turned to rivers and cars were swept along by the strong currents. looking now at some of the other main news of the day. the us has reached a deal with germany to allow completion of the nord stream to gas pipeline. the project will double russian gas exports to germany. there have been concerns over moscow using the energy is leveraged to exert political control in europe. as part of the deal, germany has committed to take steps including sanctions to prevent that from happening. so, why is the us involved in whether or not a gas pipeline in europe goes ahead? the bbc�*s david willis explains. the last three american administrations have all expressed their dislike of the nord stream 2 gas pipeline. they believe it potentially gives russia too much leverage, too much control over europe

james. >> reporter: yeah, good morning, robin.t's right, the president of haiti has been assassinated. it's now been confirmed. a statement released by the prime minister said that jovenel moise was ambushed in his private residence and shot at 1:00 a.m. local. the statement goes on to say that spanish was spoken by some of the assailants, difficult to verify a lot of these details, his wife was also there injured and she's been taken to the hospital but her condition is not yet known. this is likely to plunge haiti into further violence and chaos. it's been in the midst of a constitutional crisis for months, since moise refused to step down at the end of his term, powerful armed gangs have filled the void and now covid has brought even further misery. this is a serious turn for the worse for one of the poorest countries on earth and of course it's right on the doorstep of the united states. >> thanks very much. >>> now to an apparent shooting plot foiled in chicago. a man has been taken into custody after police say they found we

with the song "look easy," robin thicke!where did you come from there's no way did i do something in another life to ♪ ♪ deserve your grace how did they make you so pure and free ♪ ♪ living in a world where we lose our hearts but yours still beats ♪ ♪ don't you know that you make love look easy baby don't you know that ♪ ♪ you make love look easy all right tell me how do you do it ♪ ♪ how do you bear standing in the eye of the storm ♪ ♪ like you don't care ♪ ♪ always smiling even when you're down ♪ ♪ even when we all want to hang our heads you laugh out loud ♪ ♪ don't you know that you make love look easy whoa ♪ ♪ won't you tell me how you do that ♪ ♪ you make love look easy and the rest of us are so bad ♪ ♪ you make love look easy ♪ ♪ yeah yeah won't you tell me how you do that ♪ ♪ you make love look easy ♪ ♪ come on oh oh yeah baby yeah yeah yeah baby ♪ ♪ oh hoo oh hoo ♪ ♪ oh hoo oh hoo ♪ ♪ don't you know that you make love look easy don't you know that ♪ ♪ you make love look easy and the rest of us are so bad ♪ ♪ you make

he and his subscribers have deserted robin hood over those controversies. i think that robin hood has more inexperienced traitors, and therefore, as a proportion encourages riskier trading without the full disclosure of the responsibility. when you have that many inexperienced rangers, robin hood is facing increased certainly from regulators and lawmakers. but with this debut on the nasdaq stock exchange, it will now have the money to fight back years ago. have al jazeera on washington with a mission. ah, this is al jazeera and these are the headlines. the philippines has restored a key defense tax with the united states, which allows joins military exercises. the move was announced during a visit to manila by us defense secretary lloyd olsen. he's trying to bolster ties between the 2 nations which have stagnated during the presidency of rodrigo deter thing us president joe biden has a nice to you push to get more americans vaccinated against covert 19, highly contagious delta. various spreads. he won't states to offer a $100.00 cash incentive and unvaccina

i'm rachel robins in washington. coming up, microsoft reveals and jobs. how often the u. s. government submit data request for american records and how much of it is being carried out in secret? we'll discuss the plot. a group of the world's most powerful oil producers meet to determine if they will pull back on production costs in the coming week. then b and c devil a is backing down and allowing student athlete to sign endorsement deals for the 1st time. we'll take a look at how the massive change will impact the world of code for it. we have a lot to get through. so let's get started. one of microsoft top executives is now speaking out and revealing just how often the u. s. government request the records of their customers and how much of it is done in secret. this, as the relationship between law enforcement and big tech, along with the privacy concerns at present, continues to be a topic of debate on capital hill. our chief trinity chavez has the latest. many americans are in shock, so find out that federal prosecutors have requested data on thousands of americans .

let's speak now to our correspondent robin who joins j correspondent robin who joins us now.ou. what did you make of the speech? what did you make of the seech? , , ., , ., speech? this is a milestone moment — speech? this is a milestone moment for— speech? this is a milestone moment for china _ speech? this is a milestone moment for china as - speech? this is a milestone moment for china as a - speech? this is a milestone i moment for china as a country and its people but most importantly for the ruling communist party. this city, 100 years ago, the communists had theirfirst congress, years ago, the communists had their first congress, the first meeting. they came to power in 1949 and have been in power since. that speech was partly about marking the moment and it shows you and emboldened man, and emboldened leader. he saved his most aggressive words for foreigners looking on and you heard it there, heads bashed bloodied against a great wall of steel. he did not namejoe biden nor the united states. he did not name the growing alliance of nations in this part of the world who

robin hood was accused of getting uses misleading information about their accounts . it must also pay restitution to uses affected by system outages. in march 2020 amazon has formerly asked for us anti trust chief lena con, to step aside from investigations into the e commerce giant con has been a vocal critic of amazon and other us tech firms within at confirmed to appointment as chair woman of the federal trade commission, this month's celebrity investments, encrypt currency has sent value of bit coin and co, soaring and raise their profile mining or making big coins is an enticing prospect in a country like argentine or where the national currency is depreciating rapidly, but there are risk attached people like argentinian alejandro are hard to trace. he's afraid of the tax authorities. he's one of many who mines crypto currency from home lupins. i'm going to go more know any, but we'll get a good investment in argentina because argentina's peso is so weak. you can't get many dollars for it. and you often have to pay for things and dollars. but we have subsidized e

robin hood admits no wrongdoing but neither denies the charges robin hood detailed how it's improvedt, including the ability to call in and talk with a representative for some issues. >>> lumber futures taking a massive nosedive, dropping 42% this month alone, now on pace for the worst month since 1978. cnbc notes that with the massive drop over the month lumber is still twice as expensive as it was before the pandemic. >>> and virgin orbit completing the second successful rocket launch and first commercial mission, sending seven cosmic g off this morning carrying tha satellites from three country noosecountrys the rocket was released over the pacific, then it fired its engine and headed into space virgin now joins spacex in the satellite-launching rocket business >>> on wall street, the dow up 210. the s&p up 6, the nasdaq down 24 i'm shepard smith on cnbc. it's the bottom of the hour, time for the top of the news today's big deadline for every major phone company to roll out new technology that cuts back on those annoying spam calls. how it works and what to expect. manhunt over th

this is al jazeera ah, the hill robin. you're watching the elders that renews our lives at court hearing. coming up in the next 60 minutes. frustration with quite a virus restriction spills on to the streets in friends with protests against the so called health path. also the pain of losing their homes. the death toll from flooding and land slides in west and india rises to more.

. >>> next, robin roberts is stepping up to the plate with big shoes to fill. >> robin will start herest host following george stephanopoulos with his turn last week. >> robin wants to bring a little of alex trebek back to the podium. just a little bit. >> she's going to do great. >> now to england and word of a classic fingerprint. >> it's a possible remnant of michelangelo preserved in wax. >> they took it off a work. they called it an exciting prospect. >>> finally history-making skateboarding at the x games. >> a 12-year-old from brazil pulled off a 18 he called himself super stoked. >> it him the youngest gold med list in the x-games history. he was congratulated by tony hawk. i know his dreams were made. we were just talking about tony hawk, pro skater. >> that's right. and tony hawk, back in the day he pulled off a 900 in competition. now he's been upped by a 1080. with collagen, that supports our body from the inside, out. because when we feel supported from within... ♪ our confidence... comes from way deeper. it's within us. ♪ ♪ ♪ ♪ ♪ just two pills for all day pain relief. a

fabulous lunch with robin.wasn't invited to this lunch? >> because we wanted to have a good time. just kidding, dan, just kidding. >> man. >> look who is back from vacation. >> we talked about the love for the dan harris. >> that's right. okay. >> cold in here, man. >> frosty. >> i missed you. >> clearly you missed -- this is their love language. >> exactly right. ⌞> verbal abuse. >>> we are also trying something new here this weekend. showing some love for a project that people maybe have not heard about yet. >> yes, so, i'm excited about it and we're introducing our "binge this" breakout pick and this inaugural selection is the short film "brown paper pageant." it's a satirical take on beauty standards by this budding filmmaker maame-yaa aforo, and she also stars in it, too. i caught this on youtube when i was surfing the internet and it's a funny poignant piece and we caught up with maame-yaa. here's what she had to say about it. >> hi, i'm maame-yaa aforo. i'm a writer, director and actor based in los angel

market, he and his subscribers have deserted robin hood over those controversies. i think that robin hood has more inexperienced traitors, and therefore, as a proportion encourages riskier trading without the full disclosure of the responsibility. when you have that many inexperienced strangers, robin hood is facing increased scrutiny from regulators and lawmakers. but with this debut on the nasdaq stock exchange, it will now have the money to fight back years cattle have al jazeera on washington with a mission. ah, hello again. the headlines on al jazeera, the 1st person to be tried under hong kong, national law has been sentenced to 9 years in prison, tony, and was convicted on charges of inciting succession on terrorism. he was arrested last year for writing a motorbike into police officers was flying a fly calling for hong kong with ration. the associated press is reporting the 1st plane, carrying off gun interpreters is arrived in the us. earlier, congress overwhelmingly passed the bill, increasing the number of visas for interpreters in the face, the threat o

robin? >> i know you enjoyed it as well, will.nks, will. >>> we have the latest on the pandemic. the effectiveness of the johnson & johnson vaccine against the delta variant causing concern as kids head back to the classroom. kayna whitworth is live from chandler, arizona. good morning, kayna. >> reporter: robin, good morning. the kids here are among the first in the nation to head back to school. so students here are among the first in the nation to head back into the classroom and they're doing it with no mask mandate. this as covid cases in the u.s. are the highest they've been in two months. overnight a new study raising questions about the efficacy of the johnson & johnson vaccine, suggesting that the one-shot vaccine could be less effective against the highly contagious delta variant. the authors concluding that 13 million americans who received johnson & johnson might need a booster shot. in a statement johnson & johnson saying these results do not speak to the full nature of immune protection. the company also saying earli

. >>> a big business headline, robin hood made debut on the nasdaq under ticker hood. the trading and investment app initially priced shares a the $38 giving a valuation of about 32 billion. stock has been up and down as much as 12% today. robin hood coa gateway for new in under scrutiny for missteps and pr blunders. >>> a live look updow about 173 points. >>> today we learned u.s. economy grew at 6.5% in second quarter. that marks full recovery of losses suffered during the pandemic. a bill making its way through congress may help more. but the hard part is getting it passed. >> reporter: republicans and democrats agree a more than half trillion dollar investment in america's road and bridges will grow the economy. >> massive investment in public infrastructure will create tens of thousands of good paying jobs. that's just what the doctor ordered. >> reporter: two thirds of senators voted wednesday to begin debate on bipartisan infrastructure bill. it invests $110 billion on america's roads and bridges. almost the same would be spent a rail and public transit projects

ah, hello robin. you're watching on their lines. coming up in the next 30 minutes, locked down in full again and part of south east asia. it's corona, virus infections increase or the more contagious variant. cuba sees the largest anti government protest in decades with protest as angry over the handling of the pandemic, and shortage in italy, european football champions up to be england in london where police are now investigating racist abuse against black players. ah, welcome to the we we breaking news coming out of jordan. we're a court has sentence to former officials for a plot against the millnicky, former royal court chief and finance minister bus. and our dollar was given 15 years hard labor and sharif hudson bins. i eat a member of the royal family, also got 15 years. the verdict center on the ledge plot against the kingdom involving a full man to the throne prince honda. he's king abdullah half brother of the former crown prince was a woman when this bitter moody miller regarding the 1st criminal bass and ibrahim, the cou

dice que se habÍan reportado ghosn artificiales en la zona y es probable que ha ocasionado esto. >>> robinsodas las noches y nadie hace nada. >>> expresÓ que no entiende por quÉ la gente usa fuegos artificiales durante estas altas temperaturas, en tiempos de sequÍa. >>> se ve que todo se quema rÁpido. >>> no se reportaron muertes ni heridos y se desconoce de un arresto y causa de incendios uso de estos fuegos en donde es ilegal puede costar una multa hasta de mil de dÓlares llano aÑo en la cÁrcel. >>> gracias, par tr de este lunes, trabajadores de google que quieran regresar a la sede lo podrÁn hacer, deberÁn presentar una prueba del vacunaciÓn y no serÁ requerido uso de mascarilla. hablando de volver al trabajo, hoy todos los californiano que reciben ayuda por desempleo deben comenzar a buscar trabajo, este requisito estuvo es suspendido desde marzo por la pandemia pero ahora, cuando haga su certificaciÓn semanal y pregunten si busca trabajo guede kwir que sÍ para mantener la elegibilidad. >>> la pÁgina... es un recurso para encontrar ofertas de empleos. >>> tras una tragedia en que un ven