at china's new star market tech exchange was launched with a gong sounded by the country's securities commission chief and shanghai as communist party secretary the chinese government has been pushing for a tech exchange as it battles with the us for technological supremacy modeled on new york's nasdaq star market will give small chinese investors a chance to buy into tech industries that have so far listed their stocks on wall street beijing hopes to catapult the country into a leading technological position in the coming years. profits the stock market looks at technology and a company's ability to innovate for. the 1st $25.00 companies to list come from the biology medicine semiconductor sustainable energy and related sectors put a large proportion of their revenue into research and development every company listed on the stock market posted solid gains during trading with demand far outstripping available shares. joining us now from new york home of the nasdaq is our financial correspondent scored to hi and now how is news of china's own version of that is that being received where you are.

trading at china's new star market tech exchange was launched with a gong sounded by the country securities commission chief and shanghai's communist party secretary the chinese government has been pushing for a tech exchange as it battles with the us for technological supremacy modeled on new york's nasdaq star market will give small chinese investors a chance to buy into tech industries that have so far listed their stocks on wall street beijing hopes to catapult the country into a leading technological position in the coming years. profits the stock market looks at technology and a company's ability to innovate for the 1st $25.00 companies to list come from the biology medicine to sustainable energy and related sectors put a large proportion of their revenue into research and development every company listed on the stock market posted solid gains during trading with demand far outstripping available shares. joining us now from new york home of the nasdaq is our financial correspondent scored to hi and now how is news of china's own version of that is that being received where you are. well i mean t

more often than not, discussions in the financial services committee are about the securities and exchange commission, as it is primary -- is the primary regulatory agency for the u.s. securities market. however, state securities regular litors also pay an important and complementary role in grass roots investor protection, investor education and facilitating capital formation. h.res. 456 highlights the important invest protection missions of state and federal securities regulators. the resolution also encurblings the continued collaboration between the s.e.c. and state securities regulators. american capital markets provide an avenue for mom and pop and retail investors to achieve the american dream and grow their nest e.g., for retime, for this -- retirement, for their child's college tuition or to buy a home. protecting those investors, ensuring the integrity of our capital markets and promoting capital marks are goals we can all stand behind. this resolution recognizes the important role state regulators play on each of these fronts. i urge my colleagues to support h.res. 456 and reserve the bala

and exchange commission and the thing is, with the doj and the securities the exchange commission, it may not be entirely civil actions we're talking about. and that raises the stakes dramatically so i think if you're a portfolio manager, you have to look at this with some degree of caution that you didn't have previously. >> but at the same time, facebook is down 7% over the last 12 months, while ebay is occuup 20 so one could argue, it had a spike about a year ago i think over the past two years, it's still up less than 25%. but given how other tech stocks have done over that period, facebook has kind of underperformed one could argue that it hasn't been a great stock and even given the issues that they have -- >> and jon, i think the real point that you're making here is that the issues that are coming to facebook right now are not unique to facebook >> i'm just saying, facebook might still be argued to be undervalid relative to all of tech -- >> either that or we're going to see the actions of the government relative to google, microsoft, and amazon aff

we've heard from china securities commission in january that china is not going to significantly cuteasury since china is still a saving surplus country. to findifficult place another place beside the u.s. bond market to invest in that is as liquid and safe. paul: all right. our china correspondent. thank you very much for joining us. next, we will have a look at how these trade tensions are playing out. our asian equities team. what does this mean for markets today? >> yeah. trump's latest comments on the fact that he could add on additional tariffs on chinese goods clearly is having a negative effect on the stock market out here in asia with japan and korea already down. i think the one place that we should probably keep an eye on is the shanghai composite and chinese stocks when they start trading today. that's really where you will see how investors are reacting to this nude -- news and asia. this could set the tone for what happens across markets in this region today. lines we are getting saying that the u.s. and japan r.i.m a potential small trade deal by september that would i

business world was listening to on both sides of the atlantic if on the line manages to secure the job of commission president she's sure to have a lot on her plate when it comes to the e.u. economic relationships it's complicated u.s. president donald trump has threatened billions in tariffs on european products then there's the question of how to do business with china especially concerning demands to improve market access for european companies closer to home there's the tricky issue of britain's impending departure from the block and the impact that could have on business aside from navigating relationships there is the challenge of cutting up on innovation to the e.u. has long lost its position as the world's technological vanguard digital success now appears more rooted in silicon valley and the tech hubs of chinese mega businesses but if the e.u. is to regain its technological edge or there are from their line doesn't want the block's workers to foot the bill. it's not the people that serve our economy it's the economy that serves our people. into. i want to ensure that work pays in the socia

those settlements would end disputes between the company and the federal trade commission as well as the securities and exchange commission. both agencies have been looking into facebook's privacy practices. the ftc settlement will reportedly include a $5 billion fine. a fine from the s.e.c. is expected to be around $100 million. >>> a bad case of product placement has an online clothing company facing criticism. forever 21 included simples of adkins diet bars in some of its plus size orders. some customers accuse the company of body shaming. forever 21 said it does include some samples with some online clothing across all sizes. the diet bars have been removed. >>> well, coming up, the surprising secret just revealed about neil armstrong's death. >>> also ahead, the standoff with i.c.e. agents as they attempt to bring a man into custody. his neighbors forming a human chain around him for protection. what those neighbors are saying this morning. >>> and the dramatic bison attack caught on camera. copd makes it hard to breathe. so, to breathe better, i started with anoro. ♪ go your own way copd trie

the securities and exchange commission also announced yesterday facebook agreed to pay $100 million forthe misuse of data. the company also revealed it is the target of an ftc antitrust investigation. hour this became hours before the company announced it earned $17 billion just in the second quarter, beating expectations. and they continue to make money. joining us to talk about this is roger mcnamee, cofounder of the private equity firm and early and current facebook investor and author of "zucked: waking up to the facebook catastrophe." i read, roger, you believe facebook is based on exploit user data, outright deception that threatens the national interest. >> indeed. the issue we're dealing with here is for 50 years the technology industry was something we could all trust. the technology products were made to empower people. and it's only been in the last 15 years the center of kbravgra shifts with gloogle, facebook, amazon, others which they say are surveillance capitalists that treat human beings as a source of data. we're a series of fuel so they shift the economy and exploit an

require companies to disclose the total amount of fossil fuel related assets to the securities and exchange commission. the bill aims to encourage companies to switch to renewable energy sources. global news 24 hours a day, on-air, and @tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. i'm mark crumpton. this is bloomberg. shery: live from bloomberg world headquarters in new york, i'm shery on. jon: live in toronto, i'm jon erlichman. joined by our bloomberg and bnn bloomberg audiences. for a cup.case fed chair jay powell taking the central bank closer to cutting interest rates this month, citing risks from the china trade war and a slowing economy. and we take you to sun valley where media and tech moguls are converging for the start of the annual conference. we will hear from james anderson, partner and portfolio manager at baillie gifford. growing pains for levi strauss. the retailer had one of the most successful ipos of the year but profits fell 63% from a year ago. let's get you started with a quick check on where markets are trading in the afternoon se

securities and exchange commission. erik: i see who it's from.inal authorities halt florida-based ponzi scheme targeting investors through youtube videos"? you didn't tell me that these people -- erik: i don't understand why you're so distraught. lemonis: you never told me that you had a partnership with a guy who is being accused of a ponzi scheme. erik: be careful when you say partnership. this guy bought shares -- lemonis: he gave you 100% of the money. the fact that the securities and exchange commission is involved in controlling 46% of this company's shares... uh, this is a very big deal. i am really relieved that my check didn't get cashed and that the deal isn't finalized. because now the government's involved, and they can decide that they want to liquidate the entire thing to give back the money to people that were affected by this alleged ponzi scheme. i mean, i don't want any part of this. and the fact that fuel foods and this guy has a connection is a problem. erik: i changed this guy's life. i helped him transform his physique -- le

this one it with the securities and exchange commission. the company will pay an additional $100 million after failing to reveal its privacy violations to investors. facebook did not admit any wrongdoing in either investigation. but, the company now says it hopes to focus on the future. >> just yesterday the justice department opened what they called a broad investigation of major digital technology firms are looking into whether they engaged in anti-competitive practices. >>> tesla shares are tanking after reporting another quarterly loss. the palo alto-based electric car maker reported a second- quarter loss of about one dollar, $.12 a share. that is about to better than tesla's loss when shares adapt more than three dollars a share, but still worse than analysts predicted. in a shareholder letter, the ceo elon musk, reiterated tesla's goal of delivering up to 400,000 electric cars to customers by the end of this year. it was also a tough second- quarter for boeing with the 737- max planes out of service after two fatal crashes. the compa

that was the securities and exchange commission we've also heard that the u.s. department of justice is going to be taking a close look at the biggest web firms in the united states we assume that will include facebook to look at whether or not they've been abusing their position in the markets whether or not they can stifle their competition and also let's not forget that facebook is planning to roll out its own crypto currency believe russia and that's upset central banks all around the world and it's also upset president trump apparently and the white house says that it will be looking very closely at the robots from the t.v. business thank you. it's people here in europe are preparing for more high temperatures today yesterday germany the netherlands and belgium had record highs as the 2nd extreme heat wave in as many months gripped the continent today the warnings have been extended to france and spain. on the banks of the regular say and in paris it's getting hot and sticky. so mostly i want to save you some rain but i can't right now. with the mercury con

a flurry of diplomatic activity in recent weeks with meetings of the united nations security council and the commission in vienna there was hope that an injection of cash into instax or european bypassed u.s. banking sanctions might convince iran not to roll back cooperation in stakes. in stakes is a good 1st step is taking too long it can only be successful if europe buy some more oil well located some credit to it is not useful yet but is politically significant in a call with president hassan rouhani on saturday night french president emanuel acknowledged that nations had been unable to mitigate u.s. sanctions but he also warned his iranian counterpart of the consequences of weakening the deal and rouhani have agreed to a deadline of july 15th for all parties to resume talks what comes next is unclear . so far the international atomic energy agency the un's nuclear watchdog has issued 15 separate reports confirming iran's cooperation with the way when iran breached a nuclear stockpile limit last week the i.a.e.a. refrained from reporting that as a violation with this latest move that could change go

>>schumer is calling on the fbi and federal trade commission to conduct a national security and privacy investigation into the app. >>in a letter to the fbi an ftc schumer says allowing the app access to our personal photos could pose a national security and privacy risks for millions of us citizens. >>make sure you know who you're sharing your information with as a former cia officer texas republican congressman will hurd says we need to be careful while it's a new app and it's fun to see. >>how you get a low of 75 years. and making sure you know how that information is going to be used as import and heard says americans need to be on high alert, especially as we head into the next presidential election in washington, i'm in a warning key. >>the house passed a bill to raise the minimum wage for the first time in a decade. the raise the wage act would bring the federal minimum wage up gradually from 7.25 to $15 by 2025 after that year. the rate would be indexed to the median hourly wage of all workers the boat was to 31 to one 99. earlier today, house speaker nancy pelosi spoke about th

as lawmakers there are expected to confirm or reject germany's on the line as new commission president if she can secure the job and that's by no means certain she will have to leave the e.u. in a world increasingly dominated by china and the united states. when it comes to the e.u.'s economic relationships it's complicated u.s. president donald trump has threatened billions in tariffs on european products then there's the question of how to do business with china especially concerning demands to improve market access for european companies closer to home there's the tricky issue of britain's impending departure from the block and the impact that could have on business aside from navigating relationships there's the challenge of catching up on innovation to the e.u. has long lost its position as the world's technological vanguard digital success now appears more rooted in silicon valley and the tech hubs of chinese mega businesses but if the e.u. is to regain its technological edge or is it our funder line doesn't want the blocks workers to foot the bill. in every country work should pay for a living if

a flurry of diplomatic activity in recent weeks with meetings of the united nations security council and the commissionin vienna there was hope that an injection of cash into in stack's or european bypassed u.s. banking sanctions might convince iran not to roll back cooperation in stakes. in stakes is a good 1st step is taking too long it can only be successful if europe by some well located some credit to it is not useful yet but is politically significant in a call with president hassan rouhani on saturday night french president emmanuel acknowledged that nations had been unable to mitigate u.s. sanctions but he also warned his iranian counterpart of the consequences of weakening the deal mccrone and rouhani have agreed to a deadline of july 15th for all parties to resume talks what comes next is unclear . so far the international atomic energy agency the un's nuclear watchdog has issued 15 separate reports confirming iran's cooperation with the way when iran breached a nuclear stockpile limit last week the i.a.e.a. refrained from reporting that as a violation with this latest move that could change.

a flurry of diplomatic activity in recent weeks with meetings of the united nations security council and the commission in vienna there was hope that an injection of cash into instax or european bypassed u.s. banking sanctions might convince iran not to rollback cooperation in stakes. in stakes is a good 1st step is taking too long it can only be successful if europe buy some more oil well located some credit to it it's not useful yet but is politically significant in a call with president hassan rouhani on saturday night french president emanuel acknowledged that nations had been unable to mitigate u.s. sanctions but he also warned his iranian counterpart of the consequences of weakening the deal mccrone and rouhani have agreed to a deadline of july 15th for all parties to resume talks what comes next is unclear . so far the international atomic energy agency the un's nuclear watchdog has issued 15 separate reports confirming iran's cooperation with the way when iran breached a nuclear stockpile limit last week the i.a.e.a. refrained from reporting that as a violation with this latest move that could

the security and exchange commission was to make sure -- will place an unusual ban on the wagering ofoney separate from investor funds. it was this kind of prop trading that helped sink his former firm 11 years ago. foron tapping kobe bryant amazon prime day. the big names are designed to maintain buzz around prime day which faces competition from walmart and target. i found it fascinating how they pulled out all the stops. they had a concert they broadcast with taylor swift, your doppelgÄnger. g, i have never heard of. it is interesting how amazon has made this an important day for that alls at the start these other companies have tried to piggyback on that has pushed them to move the ball further. caroline: i don't know that they had a celebrity store. i did not know that. you had serena williams with tennis products, other notable names. this is a big give it -- pivot bezos.f basis -- jeff taylor: you could say they need to bring in celebrities to grow business. is wonder if some of this they start to get nervous and want to drum up some business. shoppers are snatching of potato c

a bill to require the securities and exchange commission to carry out a study of the threshold limitation applicable to the definition of a diversified company under the investment company act of 1940, and for other purposes. the speaker pro tempore: the question is, will the house suspend the rules and pass the bill as amended. members will record their votes by electronic device. this is a five-minute vote. [captioning made possible by the national captioning institute, inc., in cooperation with the united states house of representatives. any use of the closed-captioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u.s. house of representatives.] the speaker pro tempore: on this vote the yeas are 417, the nays are two. 2/3 of those voting having responded in the affirmative, the rules are suspended, the bill is passed and, without objectio the motion to reconsider is laid on the table. pursuant to clause 8 of rule 20, the unfinished business is the vote on the motion of the gentlewoman from california, ms. waters,o suspend the rule

those settlements would end disputes between the company and the federal trade commission as well as the securitiesmmission. both agencies have been looking into facebook's privacy practices. the ftc settlement will reportedly include a $5 billion fine, a fine from fcc is expected to be around $100 million. >>> the boppy company is recalling infant head and neck support accessories sold between march and may. the company says the head support area can be overstuffed which could cause an infant's head to be tilted too far forward. if you have one of those supports, stop using it and contact the boppy company for a refund. >>> okay, i got a story for you. a bear in colorado walks into a marijuana dispensary. >> sounds like another day in colorado. >> looking for munchies. >> this happened in lyons north of boulder. surveillance video here of just a curious old bear. the bear broke through the fence or did it fly open from the wind? this is at the bud depot. started sniffing around for the dumpster. tried to get in to get some food. but the bear-resistant container did its job. so the bear's taking it

a flurry of diplomatic activity in recent weeks with meetings of the united nations security council and the commission in vienna there was hope that an injection of cash into in stack's or european bypassed u.s. banking sanctions might convince iran not to roll back cooperation in stakes. in stakes is a good 1st step is taking too long it can only be successful if europe by some well located some credit to it is not useful yet but is politically significant in a call with president hassan rouhani on saturday night french president emmanuel acknowledged that nations had been unable to mitigate u.s. sanctions but he also warned his iranian counterpart of the consequences of weakening the deal and rouhani have agreed to a deadline of july 15th for all parties to resume talks what comes next is unclear so far the international atomic energy agency the un's nuclear watchdog has issued 15 separate reports confirming iran's cooperation with the way when iran breached a nuclear stockpile limit last week the i.a.e.a. refrained from reporting that as a violation with this latest move that could change. everyone

a flurry of diplomatic activity in recent weeks with meetings of the united nations security council and the commission in vienna there was hope that an injection of cash into in stack's or european bypassed u.s. banking sanctions might convince iran not to rollback cooperation in stakes. in stakes is a good 1st step is taking too long it can only be successful if europe buy some more oil well located some credit to it as not useful yet but is politically significant in a call with president hassan rouhani on saturday night french president emanuel acknowledged that nations had been unable to mitigate u.s. sanctions but he also warned his iranian counterpart of the consequences of weakening the deal mccrone and rouhani have agreed to a deadline of july 15th for all parties to resume talks what comes next is unclear so far the international atomic energy agency the un's nuclear watchdog has issued 15 separate reports confirming iran's cooperation with a j c p o a when iran breached a nuclear stockpile limit last week the i.a.e.a. refrained from reporting that as a violation with this latest move that co

commission. having secured the backing of european heads of government germany's defense minister now has to convince a skeptical european parliament that she is the right woman for the job president of the european council toscano i mean he has to approve this from the lines domination in their votes in less than 2 weeks. because one had better be got in brussels welcome bad so on the line already has donald tusk and claudio because backing so why would she meeting with them today. well there was a fine line is basically continuing with a stop to through the european institutions today it was an easy stop in brussels because both men have a friendly with. but she has to go on a more support especially from the parliament and today she was seeking a she put it smart advice how to do that and that's very necessary because she never ran for office in the european parliament she never had the post in brussels she's a total surprise for many of the parliament terrorists and also for the people here in brussels so she's looking for some hints what she can do in the next 14 days to get more support for for

a flurry of diplomatic activity in recent weeks with meetings of the united nations security council and the commission in vienna there was hope that an injection of cash into instax or european bypassed u.s. banking sanctions might convince iran not to roll back cooperation in stakes. in stakes is a good 1st step is taking too long it can only be successful if europe buy some more oil or locate some credit to it it's not useful yet but is politically significant in a call with president hassan rouhani on saturday night french president emanuel acknowledged that nations had been unable to mitigate u.s. sanctions but he also warned his iranian counterpart of the consequences of weakening the deal mccrone and rouhani have agreed to a deadline of july 15th for all parties to resume talks what comes next is unclear . so far the international atomic energy agency the un's nuclear watchdog has issued 15 separate reports confirming iran's cooperation with a j c p o a when iran breached a nuclear stockpile limit last week the i.a.e.a. refrained from reporting that as a violation with this latest move that coul

they say they found jars in her freezer marked with the initials of securities and exchange commission instructions for something called a beef tongue hudu shut-up spell. her attorney said she was allowed to mix personal and business expenses. police announcing they're scaling back their man hunt in the canadian wilderness for two teen fugatives allegedly wanted for gunning down an american tourist. police have used drones and helicopters to score the rugged area where they found the burned out car. after a week of searching and hard, police inspectors say there's no new sign of these kids. laura ingle is in the newsroom with more. >> the man hunt to find these two teens is shrinking. it's not ending. the royal canadian mounted police giving the public an update to the difficult search this has been. specifically in the manitoba area the last week. that's where there was that first sighting where the teens were stopped for an alcohol checkpoint in flint lake. the two were released when they didn't have booze on them. police didn't know that they were suspects. the rcmp says they search

under a settlement with the securities and exchange securities and exchange commission. we'll also hear from boeing as the company reports its latest earnings. earnings are expected to plunge nearly 44% from last year after boeing grounded its 737 max jet following two deadly crashes. analysts looking for revenue to drop by nearly 24%. boeing recently said it would take a $4.9 billion charge for costs associated with the grounding of the plane, also concerns that that grounding is affecting the broader economy. so watch for any news of when the jet will get back in the air. on the call today. "mornings with maria" will have all of it when boeing reports. cheryl: shares of boeing under slight pressure in the premarket. some republican lawmakers expressed frustration over a budget deal reached between the white house and democratic congressional leaders. that is because the agreement would add hundreds of billions of dollars to the national debt. in an interview on fox news at night, senate majority leader mitch mcconnell defended the budget deal. >> when you have divided

security threat at the train station as well. later on today we should see a potential solution as well. the airport commission is set to increase security at the sfo bart station, adding a police officer and sharing tv footage and giving bart access to airport communications and installing new barriers at the bart station are all part of the deal. we have been covering the homelessness issue here at the airport as part of our building a better bay area series in may, and the chief told us anywhere from 40 to 50 homeless people get off the last train at the airport and those trains are met with officers here as well. >> we provide those persons with resources and where they can go and get shelter, food, and we give them bus tokens in order to get there. >> reporter: bart is working with sfo and homeless advocates to make a task force an outreach plan and it's possible that otreach plan could expand to other transit agencies as well because bart is not the only one dealing news. >>> in the east bay the ntsb will be in hayward to investigate the cause of a deadly helicopter crash. >> a flight died and a student

securities & exchange commission wants to regulate it as a security. enough regulations on these, these cryptos they may not survive. neil: maybe that is what authorities hope? >> exactly. neil: real quickly, the market is at such lows right now. apparently having a lot to do with what the president is saying in his cabinet meeting with the possibility he will slap additional tariffs on china. that is deal isn't imminent. all of sudden we're reminded what the market giveth, the president taketh away. does the president like to keep people guessing? >> i think he likes to keep the chinese guessing. i don't think the chinese are bargaining in good faith. i talked to the trade negotiators. one day the beijing government agrees on one thing and next day they move off and don't keep their word. president is frustrated with the president xi and chinese negotiators. this is trump. he plays good cap, bad cop all in one when it comes to trade negotiations. i said i do think there will be a trade deal before the end of this year. it will be a good deal. it won't

the bill also extends the national security commission on artificial intelligence which is a provision that i sponsored in section 1051 of last year's ndaa to advance the development of ai. the recommendations will help us maintain global research and prepare our citizens. as a second broad team this continues military operations and activities, cyber and counterterrorism and intelligence. these are broad bipartisan frame works put in place by then chairman max thornberry and jim langevin. i'm pleased we are advancing these frame works. as we consider this ndaa we should remind ourselves in our role. it is our principal responsibility to protect our homeland and provide our men and women in uniform to safely execute dangerous missions. and i'm concerned where our colleagues in the majority are taking this bill and whether we are fulfilling this. we need to restore funding to $750 billion, this it is still short from former secretary of defense and senior military commanders. , this e top line of $735 would limit programs such as russia and china and several -- 0 seconds. mr. thornberry

a flurry of diplomatic activity in recent weeks with meetings of the united nations security council and the commission in vienna there was hope that an injection of cash into instax or european bypassed u.s. banking sanctions might convince iran not to roll back cooperation in stakes. in stakes is a good 1st step is taking too long it can only be successful if europe buy some more oil well located some credit to it is not useful yet but is politically significant in a call with president hassan rouhani on saturday night french president emanuel acknowledged that nations had been unable to mitigate u.s. sanctions but he also warned his iranian counterpart of the consequences of weakening the deal mccrone and rouhani have agreed to a deadline of july 15th for all parties to resume talks what comes next is unclear . so far the international atomic energy agency the un's nuclear watchdog has issued 15 separate reports confirming iran's cooperation with the way when iran breached a nuclear stockpile limit last week the i.a.e.a. refrained from reporting that as a violation with this latest move that could c

amy: the securities and exchange commission. >> yes, about what he might have known about an insiderrading both ace greenberg and jimmy cain were also questioned. this is a man who definitely trades in the knowledge he has over the rich and famous and uses it for leverage. he also introduces rich and famous people like bill clinton, like donald trump, to girls. about thesked me charges today. i think what is so interesting about the charges today, they are the result -- the indictments that are going to be unsealed are the result not only of the fbi's work, but of the public corruption unit. which suggests, and i am speculating here, that bribery may have been involved. and why that is so important is, for me, who tried to expose this -- ior what he is back in was actually reporting it in late 2002, the piece ran in 2003 gots ever since then, he is away. he is been untouchable. his money has somehow bought him the ability to evade justice. and so i am fascinated by the fact that public corruption unit has been involved in this investigation, as well as the fbi. amy: in 2018, "the mia

it's regulated by the securities and exchange commission. did you know that? taylor: no.emonis: they will put you in [bleep] jail. it's not like you go to court, and you get sued. jeff: if it went the wrong way, yes, i'm up [bleep] creek, but i've protected him against any -- lemonis: how have you protected him? he's an officer of the company. they'd come after him, too. taylor: i didn't actually know that. i should not be an attorney. i shouldn't be involved in all this kind of stuff. i don't trust what's going on. how the hell -- lemonis: do you trust your dad? taylor: on a business standpoint, no. lemonis: what did you tell me in the car in the drive-through? taylor: i told him that i never felt like you're my father. he asked me about it because i say jeff, like, i use your name when i talk to most people professionally. jeff: don't ever reference me by my first name, or i'll put you on your ass. i don't care if we're in front of him or in front of that [bleep] camera. i'm dad. you ever refer to me as jeff in public or anywhere else, this giant physique is going to pu

the securities and exchange commission, for example, is forced to apply federal laws written in the 20th century to technologies created in the 21st. this has had a material impact op the competitiveness of u.s. companies with asian-based companies beginning to dominate the market and is backward rather than forward looking. congress should consider new laws that protect consumers while not causing companies to fixate on nearly century-old definitions. the result of restrictive e regulatory environment has led projects and companies to domicile outside of the united states and to block u.s. persons and businesses from accessing products and technologies. in circle's case, we have received a license under bermuda's forward looking business act which provides a comprehensive framework for companies in the industry, and we are in the process of moving our international-facing products and services out of the united states. it is vital that we allow innovators room to grow in the united states. congress should adopt national policies that define and establish digital assets as a new asset cl

mr macron secured the top commission job for the german defence minister and federalist ursula von derand to top it off, all four new faces, including the eu's foreign policy chief, spaniard josep borrell are fluent french speakers. but mrs von der leyen must be confirmed by the european parliament and she may struggle to secure the votes she needs. the socialists said it was unacceptable. and the greens have vowed to stop it. the mep bas eikhout from the netherlands tweeted that this was "old europe at its worst. a backdoor deal he said "with candidates emerging to please the national leaders from germany, france and spain." today — the selections continued — the european parliament voted in its new president. translation: all of you will understand my emotion at this point in assuming the presidency of the european parliament, and to have been chosen by you to represent the institution more than any other has a direct link with its citizens, that has a duty to represent them and also to defend them and to always remember, because our freedom is the daughter of justice, that we will h

mr macron secured the top commission job for the german defence minister and federalist ursula von der spaniard josep borrell — are fluent french speakers. but mrs von der leyen must be confirmed by the european parliament and she may struggle to secure the votes she needs. the socialists said it was unacceptable. and the greens have vowed to stop it. the mep bas eikhout from the netherlands tweeted that this was "old europe at its worst. a back door deal he said "with candidates emerging to please the national leaders from germany, france and spain." with more details, here's our correspondent in strasbourg, adam fleming the defence minister arrived in strassburg to be met with a huge grip of cameras and journalists who wa nt to grip of cameras and journalists who want to know more about her and what she plans to do. there are probably a bit disappointed because she kept tight—lipped and said absolutely nothing. she met mep from the centre left and people's party who are her allies in this process and then she is going to be the centre left and the liberals, they were sceptical of her

her case to even lawmakers in her bid to become the 1st woman president of the european commission she needs to secure a majority and a confirmation vote being held later today but success is far from certain for deadline faces hostility from parliamentary groups who say that she was foisted on them by national leaders so she's been on a charm offensive making a raft of promises to win support and we can see her walking out there. let's get more analysis on the speech which is about to get underway i'm joined here in the studio by diffused chief political correspondent and to crane and we also have our brussels bureau chief max hoffman standing by at the european parliament in strasbourg and max i'd like to begin with you because funder line she's really facing an uphill battle here what does she need to do in order to get the votes that she needs. it's a balancing act sarah because if she gives too much to the right for example too many concessions to the right then she'll lose votes on the left if she gives too many concessions to the left and she'll lose votes on the right so really she can't be to

to noon eastern coming up facebook under microscope security and exchange commission considering a crackdown double 007 we tell you who might be taking over that iconic role next. ♪ ♪ you could be anything that i wanted to ♪ ♪ the way you do the things you do ♪ ♪ the way you do ♪ ♪ most of us don't know how much data we use, but we all know we're paying too much for it. enter xfinity mobile. america's best lte with the most wifi hotspots, combined for the first time. when you're near an xfinity hotspot, you're connected to wifi, saving on data. when you're not, you pay for data by the gig. use a little, pay a little. use a lot, just switch to unlimited. get $400 back when you buy the new lg g8. call, visit or click today. dagen: major lay-offs reportedly coming at huawei in u.s. cheryl casone has details aye that is right the "the wall street journal" is reporting this morning, that hundreds of people can be let go after the trump administration black listed the company job cuts expected to reflect the huawei research and development subsidiary in california texas and washington state huawei

minister lion she is on a charm offensive at the moment in brussels and she seeks to secure the role of european union commission president of the current. the german defense minister used to hearing at the european parliament today to spell out her credentials for the top job her priorities she said would be the rule of law climate change and european defense cooperation. pretty tough this year that is if it's funded lions 1st public appearance as nominee for the e.u. commission presidency the european union's top job her priority is to speak with any peace 1st to clarify her standing and gauge the mood she's meeting with european social democrats who are critical of fund a lion a conservative. and i didn't feel she was specific on some issues but in other areas she stayed quite vague so that was definitely not the end of our discussions . fund ally and needs 374 parliamentary votes to get the job it's not clear how much support she'll get from social democrats greens and business friendly parties she can rely on the 182 votes from her own group that p.p. and possibly the european conservatives and reformists o

lawmakers in her bid to become the 1st woman president of the european commission she needs to secure a majority in a confirmation vote being held later today we saw founder lyon highlight the principles that have guided her career namely is strong europe. in conviction she also highlighted the challenges that she will address as president of the european commission digitalisation climate change and defending based order. and we have a full analysis here in our studio now of the speech that has just taken place our brussels bureau chief max hoffman is standing by in strasburg and we also have melinda crane our chief political correspondent joining us here in the studio and max i'd like to begin with you because you watched the speech happening live there and you know arcilla funded she really had a lot of people to convince in the room do you think that she did so effectively. well at least she touched upon all the main points that she had to talk about she had a forceful in true saying i stand before you as the 1st nominee or 1st candidate for a 1st female candidate for the presidenc

senate minority leader chuck schumer calls on the fbi and the federal trade commission to conduct a national security and privacy investigation after it was discovered that the apps developer is based in st. petersburg russia. according to faceapp's terms, when you upload your photo, you grant faceapp a potential new revocable license to use your content. >> it could be nothing or it could mean they are using it for ads inside the application or it could mean they are putting your face on a bulletin board in russia to advertise a spa. it could mean anything. >> the ceo of faceapp said most images are deleted from the servers within 48 hours and that 99% of users don't actually log in so faceapp doesn't have identifying information. he said the company does not share you their information with third parties. >>> drama in d.c. as democrats in the house killed the articles of impeachment against president trump. still ahead, what the president had to say during a rally. >>> say goodbye to manholes. berkeley is banning a list of used words in official docuat the bay bridge, we have a of the outside cash

commission. mrs von der leyen, who was previously germany's defence minister, secured only nine more votes than neededke the eu's topjob. she appealed to all sides to work together constructively. western and regional powers have come together to demand an immediate end to the battle for control of the libyan capital, tripoli. in a joint statement, the us, britain, france, italy, egypt and the uae called for a return to talks overseen by the united nations. prosecutors in new york have announced that no police officers will face federal criminal charges over the death of eric garnerfive years ago. he was detained, accused of selling loose cigarettes, and died after being held in a police chokehold. his death contributed to the rise of the black lives matter movement. three men are to stand trial in malta accused of involvement in the murder of the anti—corruption journalist daphne caruana galizia. she was killed by a bomb planted under the seat of her car in 2017. in pre—trial proceedings, the three suspects pleaded not guilty. a senior iranian official at the united nations has said his country's mis

since that time we have been busy securing other approvals for the project to get a fully entitled. we went to the commission i received their approval, state land commission as well. and in the fall of 2018 the mayor signed the transaction document subsequent to board approval. other big developments since approvals. the giants, as you here shortly have added a development partner. the major submittals to the public works department in san francisco including a tentative map application. several contracting milestones have been achieved including hiring a general contractor. hiring architects for the first four buildings in phase 1. hiring a landscape architect and doing all of this, and exceeding a workforce development plan of 10 percent for preconstruction contract expenditures. of significance, and the reason we are here today is to share with you phase 1. we have received a giant phase 1 submittal. staff has reviewed that and found it to be complete. we will continue to review for compliance with all of the terms of the dda report back to you in a few month with an update on that, including your chance