stuff so that's good to me small simple see my gosh all such a symptom oh not so please don't say seema come on man i'm not here we need the school we need the school feeding mother has gone. to full suffer. the most. needy and. it's very difficult for people. only for false reality for power no. come take proofread countries you'll see situation. places people say. it's a message for people say you done. we are here. for the french we're definitely. not in just the fringe of it and you're the province's influence in africa is being corroded all the time by the chinese by the americans by south africa and they want to keep medicare french yes and they felt if they had to choose between rajah didn't. they would choose not to be there because he's french. to understand the cross was the colonial power so if you just go to another goes can you look at me to go see everything about a ghost history from the from the cars the language of the people the business and everything well present drove them out of to do it's been explained to me in this is just my understanding of it is that. he then bega

this fight is it netflix in apple's product is coming out on friday.n netflix has to be competitive here >> thank you all, contessa brewer and frank and seemaming up, people are saying hseto my backyard when it comes toou development a closer look on how it can impact your neighborhood up next. - [woman] snhu was the best experience of my life. - [man] without snhu, i wouldn't be the leader i am today. - [woman] i graduated high school 19 years ago. i still finished. - [man] in the military, you feel that sense of accomplishment. that's what snhu is. - you will march from this arena and say to the world.. i did it. - [woman] you did it. i love you. - [graduate] i love you too. >>> welcome back california's utilities hope to prevent fires. their mandatory black out did not work out how do you prevent this from happening over and over again. >> reporter: it is only 5% contained and they're trying to get their hands. this is one of the eighth houses destroyed and completely gone. i have to tell you next door is a brand new just completed all concrete compound, untouched on the market for $36 million which gives you an idea of what this neighbo

we would like to see prices come down for america's seniors. david: seema verma, good to see you. vid: gary, what do you make of all this? >> well, look, my big worry is we are going to have an election in 2020 and there are certain things we do know. the cost for medicare for all are going to be gargantuan. the national health services united kingdom, there are wait times, shortages, you name it because when you tell everybody everything is free, they go to get everything's free, and taxes are going to go up monumental. we know that but there's still a ton of people out there that are giving standing ovations to bernie sanders and to elizabeth warren. i'm just wondering when the administration is going to put out the big message into 2020 because we keep hearing health care and health insurance is the number one subject that everybody's going to vote on. i'm not seeing it yet. i will keep my fingers crossed. >> i think, though, the really great thing that president trump has done in putting out this executive order on medicare is really sort of bringing this whole argument about s

for "nightly business report," i'm seema mody at the new york stock exchange. >>> halliburton sees more cost cuts coming. the oil field services company is t looking combat slow demand from its north american shale drilling whi helped cause a decline in expected revenue. halliburton d d match the earnings estimates. it rose to 61$1 cody is exploring options and possibly selling its beay products brand such as clarol, a wend lpi in an effort to pay down debt. severa we part of the beauty unit earlier in the year. shares of cody rose about 13.5% $11.48. shares of alexeon rose today after the fda approved the coany's altamira drug. the new n approval will help trn pa with abnormal blood clhs in their kidney blood vessels. the shares rose t .$1 >>> microsoft and humana will be teaming up in a multi-year deal. microsoft will sve as humana's preferred cloud provider and ill provide artificial intelligence to the health insurer to help improve care options for the memberof micr shares were up a fraction to $138.43. humana shares were down ao fraction $287.15. >>> after the bl t.d. ameritrade reported better th

come back >> okay. thank you very much for having me >> the vp of small business. >>> european market will close in about 60 seconds. seemaa breakdown >> significant gains in europe 52 week highs for the uk, germany, france, italian stock market this comes after brussels' chief brexit negotiator says a deal is possible ahead of a key summit this week. in response, the pound is rising not just against the dollar, five month high against the euro, losing steam the last few minutes. turkey, a big story in europe, u.s. unveiling sanctions in response to military operations in syria the white house hiking tariffs on steel to 50% from 25% and immediately halting trade negotiations the country the international backlash on turkey encouraging continues to grow this morning, russia says the assault is unacceptable. companies are responding too volkswagon halted a plan to invest $1.4 billion and build a car factory in the country a company spokesperson says we are carefully monitoring the current situation and look with concern at current developments. look at the currency, turkish lira higher on the day, noting u.s. reaction could

thank you for coming in seema verma, thank you in washington, d.c. and we'll see where it goes.ou for your time. >> sandra: one midwestern university not taking allegations of fraternity hazing lightly. we'll tell you the drastic move one university just made. plus deaths linked to vaping continue to raise nationwide. what the cdc is saying about a dangerous outbreak of lung-related illnesses. and a dock with a boat, maybe. why haven't you started building? well, tyler's off to college... and mom's getting older... and eventually we would like to retire. yeah, it's a lot. but td ameritrade can help you build a plan for today and tomorrow. great. can you help us pour the foundation too? i think you want a house near the lake, not in it. come with a goal. leave with a plan. td ameritrade. ♪ [upbeat♪action music] (pilot) we're going to be on the tarmac for another 45 minutes or so. >> bill: word from the u.s. supreme court agreed to hear a challenge on an abortion law from the state of louisiana. a decision on the politically and socially charged issue expected in the middle of the

looking forward to too good thing we're keeping viewers aware of what's coming down the line >>> meantime, european markets are closing. seema with a look at today's action. >> u.s., china trade talks watched closely. we are decisively higher into the close. a number of companies warning about the impact of u.s./china trade talks. even the conglomerate in amsterdam says increasing head winds from tariffs impacted business stock is down 9% on the day. look at the uk pound a joint statement from uk prime minister boris johnson and leader of ireland raised hope a deal can be reached as the october 31st deadline nears. in response, higher by 1% on the day, pound against the u.s. dollar another earnings story we are watching is in luxury space. lvmh shares up on a strong earnings report, fueled by fashion and leather goods division, despite sharp drop in hong kong sales due to protests. wine and spirits achieved organic revenue growth of 7% we should know that so far, upbeat year for luxury stocks in general, all up double digits in 2019 bernstein analysts warn upheavals in hong kong, international trade confrontation, if all of

on the energy front self-sufficient in every respect come to that and this tradition has taken root in the french mentality. the nuclear bad for seemasuppose you atomic energy isn't ideal. there are the problems of the risks and what to do with the waste. basket but there's one that if there are other viable forms of energy. the energy that can be produced in the same amount then that would be great of course you know he could miss it but that said i'm very passionate about my work just to make that same remote problem is no one in my social circle says oh how awful you work in the nuclear industry it's widely accepted especially among people who like science. many even passionately defend nuclear power. to the senate that is phasing out nuclear energy in germany means you'll need coal that produces carbon dioxide it was and it's expensive nuclear power is a more straightforward option off the field. but it's not as if the electricity produced by nuclear power doesn't cost anything what is true is that it's enviably cheap in france and that's because the state keeps prices deliberately love. back in normandy this part of northwester

coming years. however unveilin new products at the right price that have wider appeal could keep the growing story going. for "nightly business report," seema modi. >>> also helping the market today was united technologies, the dow component off the topnef my head earnings estimates for the third quarter and raised guidance, good newsor the closely watched industrial sector. the ceo cited strength in aerospace business and improves profit margins. shares rear 2% in the session. >>> now to mcdonald's, which reported a rare miss. the world's largest fastt food giant posted disappointing profits for the firste in two years. same store sales in the u.s. were not as goodot as expected opals and menu price grades, incrses. and that pushed shares of the component 5% lower in today's session. kait r rers looks at the challengeses facing the golden arches. >> mcdonald's is feeling the competitive pressure. consumers had an appear at this time for premium chicken sand wrichs from chick filet and pop eyes when it came to the plant based burger craze mcdonald's stayed on the sidelines and announcing last month that tests with beyond meat in ktd. >> inn

coming up next week. guys, back to you. >> yeah, one to watch the globe over, i guess. seema mody, thank you. >>> let's get over to sue herera for a news update. >> good morning, morgan. good morning, everyone here's what's happening at this hour more than 800,000 californians could soon be in the dark. the state's utility company, pg&e, is planning its largest proactive power outage in that state's history with the hope of preventing wildfires dry conditions and strong winds have been forecast for the next few days >>> four school systems are suing e-cigarette maker juul saying the company is putting students inspe danger and forci them to spend money fighting the growing pop later ularity of thr product. >>> voters in montgomery, alabama, have elected the first african-american mayor steven reed defeated david wood in yesterday's election. >>> u.s. gymnastics claimed their fifth straight world title breaking a record set by romania back in the 1990s. the team was led by superstar simone biles who qualified to compete in all four individual events later this week you are up

. >> seema, thanks very much higher by about 3% in after-hours. comingnext, carly fiorina talks about how the trade war could affect the tech sector >>> and we'll hear from the company's head of public policy and public affairs coming up on "closing bell. ♪ ♪ ♪ quadrupled their money by 2012? and even now many experts predict the next gold rush is just beginning. so don't wait another day. physical coins are easy to buy and sell and one of the best ways to protect your life savings from the next financial meltdown. - [narrator] today, the u.s. money reserve announces the immediate release of u.s. government-issued solid gold coins for the incredible price on your screen. these gold american eagles are official gold coins of the united states and are being sold for the price on your screen. - pick up the phone and call america's gold authority, u.s. money reserve. with nearly two decades in business, over a billion dollars in transactions, and more than a half a million clients worldwide, u.s. money reserve is one of the most dependable gold distributors

seema verma. she testified before ahouse subcommittee on health care policy . >>. [inaudible] >> subcommittee onoversight and investigations will now come to order . the subcommittee is holding a hearing entitled sabotage trump administration attack on healthcare. the purpose is to examine the efforts of the center for medicaid and medicaid services to ensure quality and affordable healthcare are all americans. the chair recognizes herself for five minutes or an opening statement. it's no secret the trump administration has worked to sabotage health care in this country. on his first day in office president trump issued an executive order directing all federal agencies to dismantle the affordable care act to the maximum extent by law. and ever since then, the trump administration has worked tirelessly to undermine the aca and other critical health programs at every turn . in her role as administrator .for the centers of medicare and medicaid services, seema verma has been behind many of this administrations effort to undermine healthcare. despite her role, today is the first time administrator verma has appeared to testify oin the house

seema, thanks. >> thank you now let's send it over to jon fortt with a look at what's coming up on "squawk alley"r ceo of tinder he's going to join us and we'll talk about the $2 billion lawsuit he has pending and a philanthropic venture he's got might want to do a little role reversal, tease my show and toss it back to scott wapner. >> good stuff, jon, thanks. >>> it's been a volatile start overall but we've seen a little chill after chile called off a key summit where president trump and chinese president xi jinping were expected to discuss phase 1 of a possible trade deal we are seeing weakness in material stocks as you can see behind me here, so stocks still relatively in a holding pattern. the worst performing sector so far is the energy side of things after data showed a surprise building of u.s. crude stw inventories. you've got hess adding to losses after posting a miss on revenues and lowering its capital expenditures outlook the rest of the year so the energy in focus and it's a fed day, we'll keep financials in focus as well i will sent it back downtown to you guys at the new york stoc

come to market, guys. back to you. >> certainly big market-moving report here today, seema mody. not the only reason the ita is down more than 2.5% for the week you had earnings that came out that were softer than expected you also had everything that's gone on with turkey and i think that's easing, putting some pressure on some of the defense names, as well >> for sure. and i think within industrials, aerospace and defense had held up better, as you had all the global slowdown fears. so it probably is also a little bit of that rotation out of areas people had previously felt more comfortable with into ones that had been more suspect the boeing move is amazing, though because it has been mostly sideways, not selling off this entire phrase. but every time they push out the likely return of the 737 max and the indication today this is still in the fact-finding phase, that was not taken well by the market >> today we got results from dow components, coca-cola and american express coke beat on revenue and that stock is currently trading, if we can bring up that chart right now. it's

seema shah. romaine bostick will be sticking with me. maybe inflation break evens are off. maybe we can get off of that level. comingunder way with big banks' results on defpblgt tomorrow we'll break down expectations with the quarter. leigh drogen coming up next. this is bloomberg. ♪ rg. ♪ alix: earning season moves into full swing this week. we'll start with reports from the biggest u.s. banks tomorrow. then netflix, i.b.m., coca-cola also among those on deck. for more, we're joined by leigh drogen, founder and c.e.o. still with me is seema shah and romaine bostick of bloomberg news joining me for the hour. so my favorite chart is what are we going to do for 2020 earnings estimates. where is the worst downgrade going to be? >> so it looks like consumer discretionary is going to be down about 2.2% year over year. the problem is that that is one of the largest declines coming in. the third largest decline after energy and materials. but we think that it's just starting to tip over, which is the problem. and given 80% of our economy is consumer. we really haven't seen in the last two quarters, which have both been ne