frozen thehave approval of game licenses amid a shakeup. a restructuring of power among departments, and regulations are being concerned -- considered about violence in some games. a spokeswoman for tencent declined to comment, while the ministry did not immediately respond to our request for comment. berkshire hathaway has added to its holdings in two of warren buffett's favored sectors, banking and aviation. it boosted investment in goldman sachs, delta, and southwest last quarter. it is part of a strategy to shift its stock portfolio. long-termhas quit holdings, including ibm, while holding onto apple and other companies are you -- and other companies. currenciesf digital was a bubble and the ecosystem is stronger because of it. this was not unexpected. we do feel it. we do feel the exponential increase in activity in our ecosystem is overwhelming what is going on. juliette: global news 24 hours a day, powered by more than 2400 journalists and analysts in more than 120 countries. here in asia, the nikkei down by around 9/10 of 1% in late

. >>> plus, soda stream shakeups. details on the deal to buy the drink machine maker. ld and mildew next week. thanks to this. did you know lysol disinfectant spray can actually prevent mold and mildew growth? spray it every week to break the cycle. lysol. what it takes to protect.® lysol max cover kills 99.9% of bacteria, even on soft surfaces. one more way you've got what it takes to protect. your digestive system has billions of bacteria but life can throw them off balance. re-align yourself with align probiotic. and try new align gummies with prebiotics and probiotics to help support digestive health. what i just introduced you worto my parents.g? psst! craig and sheila broke up. what, really? craig and shelia broke up!? no, craig!? what happened? i don't know. is she okay? ♪ craig and sheila broke up! craig and sheila!? ♪ as long as office gossip travels fast, you can count on geico saving folks money. craig and sheila broke up! what!? fifteen minutes could save you fifteen percent or more on car insurance. every

. >>> a big shakeup at the university of maryland could ppen today. this would come after coaches are working with players. they'll hold a meeting. jordan mcnair died after becoming sick at a i practice may. his parentspp ared on "good morning america." they're calling for d.j. durkin to be fired. >> absolutely. he shouldn't be able to work with anybody el'skid. you don't send your kid away to college, michael, you send your kid away from college to be odd. our young kids or young people that we've worked so hard to get there to, say, i'm keeping my childave for you. they did anything but that. >> unirsity president wallace lowe said on tuesday that the school accepts legal and moral responsibilit responsibility. >> it took 12 years for the families of three missing women in dc. the women have been identified as murder victims. now they want to know if their loofs could have received more information. we spoke with one of the victims identified earlier. she didn't want to go on camera but here what shead to say. >> it's hard when you can't -- you know

they have pulled game licenses as part of a shakeup.ed about violence and gambling in games. the whole sector has been rattled. it will be a tough commute for thousands who take the train from new jersey into manhattan. hour delay to a one for trains to and from penn station. global news 24 hours a day on air and on tictoc on twitter powered by more than 2700 journalists and analysts in more than 120 countries. tom: thank you so much. thank you so much. we have been fixated on international economics and the politics of washington. we barely looked at the general economy. the heart and soul is retail sales. isning us from washington our bloomberg opinion columnist on all things retail. i want to talk about contagion, the amazon contagion. there is amazon, and there is contagion from what amazon will do. will report.panies is it right they all have a different response to the amazon affect? >> yes, it is. in the case of macy's, we will look to see how much they are strengthening their stores to be a countermeasure to amazon, making the i

there is a shakeup happening in the government right now. because of that, there has been this power vacuum. none of the bureaucrats went to stand out and make a change that could severely hurt the government's broader censorship policy. because of that, licenses have been halted for several months. tencent was seen as his unshakable social media giant, bolo people forget, at its core -- but what people forget is that at its core it is a gaming company. regulations, they cannot catch up on some other bigger blockbuster games like fortnight. one of the biggest blockbuster games was forced to be recalled firstly after it was announced, shows they are not immune to the chinese government. that is why we see this reaction. ironic given the chinese government help these tech giant flourish. bang, do you have any insight into why regulators are now cracking down on these games in particular and if there is any end in sight? ben: china has being going from a gaming side, people have quoted millions of people in china suffering from addiction. this

there is a bureaucratic shakeup happening in the government right now and because of that, there hasn sort of a power vacuum. and amid that, none of these bureaucrats want to step out and make a change that could severely hurt the government's broader censorship policy. because of that, these licenses have been halted for several months. for a long time, tencent was seen as this unshakable social media giant, but what people forget is that at its core, it is a gaming company and they make a significant portion of their profits, of their from gaming revenue from gaming and because of this, they can't cash out on some of their biggest blockbuster games, like fortnite. and the fact that one of their biggest blockbuster games was forced to be recalled shortly after it was announced shows that they are not immune to the issues of the chinese government, and that is why we are seeing this reaction. emily: it is ironic given that the chinese government has helped the chinese tech giants flourish, in part by blocking u.s. technology companies from operating in the country. ben, do you have a

a sudden shakeup and netflix.id wells plans to step down after eight years on the job during which the students of transformed itself into a content powerhouse. he says he is leaving to focus on philanthropy and will help choose his successor to ease the transition. joining us to discuss is paul sweeney. he is with us from our princeton bureau. so how is that it was this? -- how sudden was this? how surprising was his resignation? paul: it was surprising. there had been no speculation about him leaving.but the stock is pretty much unchanged today . david is going to stay, as you mentioned, to handle the transition. it appears to be a little bit of a surprise, but not a big deal for the company or investors. mark: what are going to be the chief -- what is going to be the top of the to do list for his successor? paul: i think the top of the to do list is to manage the cash at the company. this is a company that is still free cash flow negative. it is borrowing in the debt markets to fund the continued increase in pr

. >>> coming up, it would be one of the biggest shakeups in decades, why critics say the presidents proposalspace. >> a school is facing a major legal battle, several former students having a sexual abuse lawsuit filed on their behalf today. welcome to the xfinity store. thanks, janet. it's my happy place. you can learn how to switch to xfinity mobile, a new wireless network that saves you cash. and you can get 5 lines of talk and text included with your internet. and over here i'm having my birthday party. dj fluffernutter, hit it! ♪ dj fluffernutter simple. easy. awesome. ask how to get $300 back when you sign up for xfinity mobile, and purchase a new samsung phone. visit your local xfinity store today. >> the makers of the videogame fortnight are really forward with a lawsuit against a 14- year-old boy. the game maker accuses the teenager of copyright infringement were telling people , on his youtube channel, how to cheat on the shooting game. the boys mother wrote to the judge in the case and that her son was a scapegoat, and that the company was trying to make an example of them. the ju

it comes with emmanuel macron's governmenn promising to a shakeup in the way that france feels about all kknds of sexual -poffenses. street harassment, which is a parliament allowing for on the ssot fines for up to 75033c1 >> the suspect in the case set tt appear in court.% what more do ww know about him? chris: we know that 22-year-old man picked up earlier this week legal history.th a colorful some 20 instances including eight violent ones and acts of own family. he was picicd up after another ararst at the start of august care, that after being aarestedc for throwing stones and hurling insults at cars. hh has since told authorities that he is the man featured in that footage, hence, a fast-track rial at the courthouse behind me today. guilty, he could potentially behind bars. iran'sr news, one of leading human rights activist is what she calls er fourrh imprisonment. cites for human rights3 c1 appear without a hijab in public. choice bute had no to go on a hunger strike. report ffr he -- report. womann severrl iranian wereea rested for removing their n, shearvessin ira defended th

sometimes, when there is a real atari shakeup -- regulatory shakeup, there's nothing companies can doking of the market economy. but now you can run into operating in china. chinainsane to think that is the world's largest gaming market right now because you have these ministries on top on the ministry for radio tv and the ministry of culture going through a reorganization, almost a vacuum and leadership that no one wants to take the risk of actually doing anything new, especially when gains have a negative connotation and have come down regularly for inducing gaming addiction in youth and being criticized for running against core socialist values. that's what you are actually looking at when you are operating a gaming business in china. sometimes, when things are doing really great, investors don't really see that. rishaad: your take on this as well? market expects sequential decline. rishaad: something they are try to get out of the same time. >> it is difficult. in the last two years, most of the mobile game revenues were driven by one game, which accounts from his way percent of t

could be a big shakeup at the university of maryland.his comes after reports of coaches bullyg players and ignoring warning signs before a football playe died o heatstroke. they'll decide whether or not to meet in a clod ssion. jordan mcnair died in june. his parents are calling for the football coach to be fired. we will send out updates on that meeting in the nbc washington app as we learn more about it. >>> only on news we're hearing from a maryland man that believes he was bitten not far from the bay. chri bowen was paddling in edgewater, maryland, he ss he felt something hit his leg in ure water and he called and sent the particularthere. they are not able to confirm a shark bite. >> all i saw, after he grabbed my leg, saw something flipping around. didn't know what it was. i walked out, i saw the teeth marks. >> bowen says he's not scared. he tells us he is going to be hitting the water again soon. >>> here are some of the topor s we're tracking for you this morning. the pentagon haselayed president trump's military parade. this is

coming up, a surprise shakeup in netflix's leadership. can a new c.f.o. get subscriber growth back on sflack we discuss next. -- we discuss -- back on track? we discuss next. you can listen to us on the bloomberg app, bloomberg.com, and in the u.s. on sirius x.m. this is bloomberg. ♪ selina: a surprise shakeup over at next flicks on monday. chief financial officer david wells is stepping down after eight years on the job. since he joined netflix in 2004, the company has gone from a d.v.d. by mail service to the preeminent name in streaming content. it's also aggressively pumped billions of dollars into original content to take on traditional studios. wells says he's leaving to focus on philanthropy and the c.e.o. had this to say about wells' departure. he's skillfully managed our finances during a phase of dramatic growth that has allowed to us create and bring amazing entertainment to our members. all over the world. while also delivering outstanding returns to our investors. with us to discuss, chief operating officer at ibc research and bloomberg intel

coming up, uber has a seen a serious staffing shakeup in the last year.inging back one of their former employees, hopefully without the drama he left with. how the auto co-founder will fit into the ride-hailing company, next. this is bloomberg. ♪ ♪ emily: new york city council dealt a huge political blow to uber and other app based car companies this week. it approved a one-year cap on new licenses. it set minimum pay standards for drivers. the passage is sweeping industry regulations is showing politicians changed attitudes toward the so-called gig economy and car hailing services. another day, another shakeup at uber. but this time, it is a former employee who is returning. lior ron will start uber freight, the trucking service. ron left uber in march after uber settled with alphabet for $240 million. over allegations and had stolen alabama -- alphabet's trade secrets. now, ron is returning to uber after a month-long behind-the-scenes negotiation to rework the terms of the auto deal, announced almost two years ago. we spoke with lane kasselman and also

. >>> after a shakeup in the white house legal team, president trump blasted news coverage of the change on twitter. it targeted subjects from the media to the justice department. it comes one day after the announcement that white house counsel don mcgahn is leaving this fall. today president trump proposed that federal workers not get pay raises next year, saving taxpayers $25 billion. however, military pay raises would go untouched. congress would get the last word on the issue. >>> history came crashing down in the east bay. literal lay. a 350 year old historic tree fell causing major damage. we are joined from pleasant hill. even this tree had a protected stat the status, responsibility lies with the homeowners? >> reporter: the damage is extensive here. look at the truck behind my. t -- me. this may be a cautionary tale. you can have your tree designated historic, but, indeed, if something goes wrong with it or if you even want to trim it, you have to get the city's permission. if it falls, you're responsible. this is what's left of a stately 350 year old magnificent oak named emma,

. >>> late last night a major announcement from elon musk after weeks of shakeups and odd tweets, the high-profile ceo says tesla will ram a publicly traded company. in a statement musk says he is quote incredibly excited to continue leading tesla as a public k. it is a privilege. this is a reversal from earlier this month when he sent shock waves a turned world tweeting he was considering taking tesla private. that caused shares to drastically drop. musk says his decision to stay public was based on long talks with investors who stuck with the company since they went public in 2010 when there were no cars in production. musk says his investors ultimately advised him against the move to go public. >>> now to hurricane lane which has been downgraded to a tropical storm. experts say that doesn't mean that locals in hawaii are in the clear. people there are experiencing a lot of rain flooding and 70 miles per hour winds. the ebig li islands that seen 3 inches of rain. it washed away roads and damaged neighborhoods. flash flood warnings and fears of mudslides continue on the big island. w

an 11th hour request is only the latest shakeup. >>> plus, the cooldown of the bay area's hot housinghales is the solution to have boaters chart their own course. >> a spotlight on saving lives. one police department hits the right note. >> announcer: live where you live. this is abc 7 news. >>> good evening, and thanks for join us. i'm eric thomas in for dan ashley. >> i'm dion lim in for kristen sze. we begin tonight with a gauntlet thrown down by the alameda district attorney. >> nancy o'malley is asking for a trial in the ghost ship case for the two men charged. katie utehs is live in oakland. katie? >> reporter: eric, today's news follow's last week's shakeup in the courthouse when the judge dismissed a previously brokered plea deal involving defendants derick almena and max harris. now it appears that the da and at least harris's defense attorney are welcoming a trial. district attorney nancy o'malley is making her own plea to the court on behalf of the victims of the deadly ghost ship fire. the letter, seen here, has been published by our partners at the east bay times. o'malle

gaping gap in the market where the big guys have not been doing it very well, where we can come in and shakeup an industry. david: how many companies have you started with the name virgin? is it around 300? richard: it is in excess of 300 now. david: when you start them and they don't work, you end them after a year or so? none of them have filed for bankruptcy. richard: we are fortunate to never have filed for bankruptcy. if something doesn't work out, we will settle the debts and go to the next one. daivd: now you are a sir, you were knighted. did you ever expect to be in the royalty? richard: we once put out a record called "god save the queen" by the sex pistols. we wondered if she would remember the record, if it would have been a slice at the head rather than a tap on the shoulder. ♪ david: is there something in your life you haven't achieved that he would like to achieve? richard: we have spent 40 years working on a space program. it has been tough. space is tough. it is rocket science. i think we are on the verge of finally fulfilling that dream. before the end of the year, i hope to b

a big shakeup at the univedity of marylould come down today. this comes after reports of coaches bullying players and ignoring warning signs befe football player died of heatstroke this summer. the board ofil regents hold a whetherand then discuss to make personnel changes. jordan mcnair died at a pract e practice. they called for the coach to be fired. >> absolutely. he shouldn't be able to work with anybodyelse's kids. you don't send your kid away to college, you send your kid away developed as young people, that's physically, emotionally, spiritually. they teach them. hey, i'm giving my child to you. did himself and they anything but that so of course he should be fired. >> umc president wallace low said on tuesday that the university accepts, alquote, l and moral responsibility for mcnair's death. >>> it took 12 years for the families of three missing women in d.c. to find out what happened to their love ones. they've been identified as murder victims after being missing in 2006. they want to know if their loved alive.ad been found we spoke

but there's a shakeup within jolie's legal team.ngelina and star attorney laura wasser officially parted ways. angie's spokesperson tells "e.t." she, "decided to change counsel but appreciates laura's cooperation." an earlier report claimed that wasser wanted out because angie was too hostile. in the past, laura's told us how she deals with difficult clients. >> i can kind of spot the crazy. so if i say to somebody, this is how i see your case playing out and they go, oh, no. i will usually say, i don't know that we're a good fit. >> the switch-up comes just days after a source told us that brad is sickened that angelina and her team have gone public with their battle. another source maintains angie's "focused on healing her family and continues to support the reconciliation of the children with brad." addinger, her new attorney's expertise is in the protection of children. >> i really thought that this was going to be amicable. >> this is war of roses. >> yeah, or mr. and mrs. smith. >> or the exes. >>> let's move onn to the tv spl

next, to a major political% shakeup in australia. the country has a new prime minister. in this morning after a liberrl party leaddrship vote. malcolm turrbull is the latest politician to be kicked out by his partt. peter o'brien has the details. peter: knock arrives at parliament house before the -- mmlcolm turnbull arrives at parliament house before the meeting that ended his leadership. treasurer scott morrison will replace him, winning out over the form -- home affairs minister and ffreign minister. morrison: we will provide the purpose expected of us as leaders, of our prty and of our great nntion. won a vote onl tuesday, but ministers have defected. >> australians will be just dumbstruck and so appalled by the conduct of thh last week. [applause] peter: he said he would be leaving parliament "not before too long." if you vacate his sydney seat, there would be a by election for it, and the current government would risk losing its one seat majority. and right-winger pushed tonister ,nseat mike - malcolm turnbull a backlash against moderate politics. triggered by his

there has been a shakeup at citigroup's consumer banking operation.includes the departure of the credit card chief. it has struggled to meet targets for the branded card is this -- business, one of his former responsibilities. the c.e.o. of netflix is stepping down after overseeing the expansion that turns the company into arrival for hollywood studios. he will help choose his successor and stay on until they take over. it has pumped billions into original content but also raised concerns about its financial health. in argentina, the central bank has raised the highest interest rates to 45%. policymakers pledged to keep it at that level until october. it marks the fourth surprise rate hike this year. inflation in argentina has refused to slow down. that does it for your business flash. ♪ "what'd you miss?" stocks edging lower. financials leading the way further into red. all eyes remain on emerging markets. i am lisa abramowicz. scarlet: i am scarlet fu. joe: and i am joe weisenthal. if you are tuning in on twitter, we want to welcome you to our closi

so this is why you're seeing such a shakeup. >> go ahead. >> it's just such a shakeup.nd another thing that a lot of people are not used to, you're -- it's a catch-22. and this is why i stammer around a lot. because it's hard to find words to match what i feel about all of it sometimes. because you have got donald trump sending out tweets when his white house or the administration is on all of the same page. we're all -- everyone is on the same page. he will wake up and tweet something out, and it will change and negate everything that they decided on earlier. so everybody is -- all the pundits, all the republican pundits -- >> russia election meddling. >> it's very strange right now. >> let's talk about the president suggesting, evan that republican candidates should embrace the fact that the mid terms are a referendum on his leadership. so if i hear the president suggesting that, i think that he's saying embrace me. because you need to support me, and i will get you the votes you need to get you over the line to either keep your seat or win the seat, right? >> that's

a big shakeup for the academy awards and a new category that already has movie fans divided. >> announcer: this is "nbc nightly news" with lester holt. >>> good evening. welcome to our viewers in the west. shocking new revelations emerged from that makeshift compound in new mexico where authorities say small children were being trained to carryout school shootings. 11 children who appeared to be starving were found there last friday and later so were the remains of another child. today, five adults appeared in court where they face child abuse charges as investigators are working to further unravel this dark mystery. our gadi schwartz has details. >> reporter: in the desert of new mexico, allegations so disturbing they are difficult to believe. >> you have these kids they are keeping here that never even came out. >> reporter: in court today, the five adults believed to be the parents of the 11 children rescued from filth and starvation at this new mexico compound. court documents allege they were being trained with assault weapons to commit school shootings. >> there was a shooting range

. >>> there's about to be a shakeup in the white house. don began his leaving. doug luzader explains it comes as democrats could soon have some new powers to pursue the president. >> reporter: mcgann is now leaving. so much of what happens next will depend on what capitol hill looks like after the midterm elections. the white house is now getting ready to hire some new lawyers. the president getting the attention, don began has been toiling behind the scenes. as white house counsel he has been inundated. just listen as he describes his portfolio. >> i advise the president on a range of issue come in constitutional law, executive power, whether or not we can go to war, judicial selection, administering of law. >> reporter: now he is leaving. not exactly a shock although the timing was a surprise and president trump had some kind words. >> don began is a really good guy. he has been with me for a long time. privately before this he represented me. a lot of affection for don. >> reporter: that affection aside, began has played another important role for the white h

the penalty shootouts get a shakeup. brent: we have got the whole bells and whistles tonight. football authorities are considering changing the format of penalty shootouts to make them fairer and reduce the pressure on players going second. the name of this is the has been inspired by a well-known swedish pop band, but will football decide to take a chance? let's find out. reporter: fresh off the back of a world cup which saw plenty of penalty shootout drama, young german players are trying a new system. with research revealing the site going second in the shootout loses 60% of the time, a new format has been devised. abba sees teams taking alternating pace of penalties after the first spot kick. the winner takes it all. but what do they make of the new system? >> it is good because in the old system, the team going second was under greater pressure which could make them lose. in this system, ifif the first person misses, his teammate can still level the score. reporter: -- >> it makes a difference psychologically. we will have to wait and see if it is adopted by german footba

. >>> a major announcement late last night from the high-profile ceo of tesla after weeks of shakeups and odd tweets. elon musk says tesla will remain a publicly traded company n. a statement, musk says he is quote incredibly excited to continue leading tesla as a public company. it is a privilege. this is a reversal of course from earlier this month when he sent shock waves worldwide tweeting he was considering taking tesla private that caused shares to drastically drop. musk says his decision is based on long talks with tesla investors who stuck with the company since they went public in 2010 when there were no cars in production. advisors ultimately advised him not to go ahead with the move for the public. >>> a major milestone for hospitals here. about an hour from here a you campus opens up. that plus all of the top stories and air quality coming up at 7:00. right now back to the "today" show. >>> we are back on saturday morning. august 25th, 2018. it has been a busy saturday morning. >> let's starts with the check of the headlines. starting with hawaii in the midst of the floodi

>> reporter: eric, today's news follow's last week's shakeup in the courthouse when the judge dismissed a previously brokered plea deal involving defendants derick almena and max harris. now it appears that the da and at least harris's defense attorney are welcoming a trial. district attorney nancy o'malley is making her own plea to the court on behalf of the victims of the deadly ghost ship fire. the letter, seen here, has been published by our partners at the east bay times. o'malley writes, the people stand ready to try this case against both defendants. >> what's unusual here is first the da was willing to make a deal, and now the da is not. >> o'malley's change of course follows the presiding judge's. last week he dismissed a brokered plea deal for the defendants. almena and harris admitted to their involvement in the fire that killed 36 people. the judge's move followed a damaging letter written by almena, and two days of painful victim impact statements from family members. o'malley's letter is expected to be submitted in court tomorrow. it appears to echo the sentiment of those

every four or five years, there's a major shakeup to the consumer and retailers must adjust and react not a small pivot very often. it's often a very large one. we are used to this and you can never get comfortable. we had 10, 11, 12, 13, 2014, unbelievable, average growth of $1 billion a year at macy's and bloomingdale's and then had earnings ratio just kept going up and up and up. this is easy. the minute you think this is easy, forget it. the consumer changes and you have to pivot once again. i think all retailers face these changes that occur largely by the consumer and you got to get in front of it. you can never rest. you have to always think what's next. how is the consumer going to act next. i think many of these companies that are doing well now didn't start changing their strategy last quarter. they have been doing this for months, for years, for even a decade in many cases. so you had to address the consumer in the store, the consumer online, and recognize she doesn't shop in one or the other. it's all connected to this omnichannel experience today. maria: which is what you

off of the after the midterm elections and that leads to all sorts of questions as to what sort of shakeup might be in store for the d.o.j. what info that might have on the russian destination whether that might leave donald trump open to further allegations of structure of justice and these are all the speculative ingredients to the to the current soup in washington right now anyway yes never a dull moment in the current. reports around the publisher of the national enquirer where they were about right david peca is an old friend of donald trump and he's a publisher and the allegations against him that he wasn't just acting as a magazine publisher during the campaign of twenty sixteen he was an integral part of the trump presidential campaign trying to find areas of possible danger for donald trump what i guess bill clinton used to call bimbo eruptions i suppose and then try to neuter them in the way a famous example being you know paying lots of money to someone who claimed to have had an affair with donald trump and then sat on the story so that the story would never would never come ou

more shakeups expected in the case this friday. curtis brigs intends to make a motion to sever his client's case from derick almena's case. >> based on the amount of prejudicial publicity that's been -- towards mr. almena, we don't want to water down mr. harris's statement to the public and to the family. >> reporter: friday judge james kramer said almena wasn't reforceful enough. he rejected the co-defendant's plea deal in exchange for no contest pleas, almena was going to get nine years in jail, and harris six. >> in my opinion, the judge was telling me that the case strictly dealt with -- >> reporter: he'll mention his plannings to make the motion in friday's hearing, but he says it will take several weeks to prepare the motion. friday is also a big day for almena's attorneys. brian gets says they need to decide whether to make a motion to request a change of venue for a possible trial. >> i'm thinking about it hard, i don't know. >> reporter: he says the decision will be a close call. >> we could ask for a change of venue and g

is this regulatory freeze because of a pure craddock shakeup?the chinese government trying to assert its authority? shaun: there is a lot of political risk in the country today, not just the trade war. a lot of chinese companies are starting to get more regulatory approval problems from the chinese government. is gaining more power and trying to import his ideological views on the country. that is starting to impact areas like gaming. tencent was hit by some of the bureaucratic issues. great company and very close to the government. i expect there to be a good rebound over the next six months. to buy tencente on the cheap. i would not buy j.d. on the cheap. they have been hit by regulatory issues, rather than just the changing competitive environment. would why in this case china be willing to put one of its national champions at risk, given the national economic picture, which is looking a little bit shaky? is looking to create five national champions in the internet space. they want to control them. they are saying, if you listen to us, we wil

a big shakeup at the university of maryland could come down today. it comes after reports of coaches bullying players and warning signs before a football player died this summer. the university's board of regents wl have a discussion about personnel changes. jordan mcnairied after getting sick at practice in may. his parents called for the football coach to be fired? >> absolutely. he shouldn't beble to work with anybody else's kid. you don't send your kid away to college, michael. you send them away to be developmentally young people. you know, spiritually. teach our young kids or our young people thatd we've wor so hard to getthere. i'm giving it all to you, keep themself. of course, the didn't do that so he should be fired. the university accepts, quote, legal and moral responsibility for mcnair's death. there's a report that least future may also be considered today. back to you. >> meghan,yo thank it took 12 years and 3 missing women to find out what's happened to their loved ones. they've been classified as victims. a family member of one of th

they had an agency shakeup.worried about violence and gambling and they are shutting down the approval process right now. david: you know she is a gamer. alix: to be fair, i am a board game or. -- gamer. peggy: over in china where they are playing board games and video games, we are seeing this crackdown on the internet companies and licensing for gaming and that is having a huge effect on the goliath in terms of gaming over there and it has taken a hit because of this pause we are seeing in the government giving licenses for gaming. know china isot the largest gaming market in the the chineseat government has to approve each and every game that gets licensed in china. particularly for sex and violence. remind us ins terms of how much power the chinese government has to do what it wants to do in terms of monitoring people, how they are using their gaming systems and clear out some of those things that may be against the government or not where they want their people to be -- would not what they want the people t

rob: reaction to the latest shakeup at the bureau, big news. >> reporter: it is big news, he was thent at the center of the anti-trump text controversy vowing we will stop it if donald trump's candidacy, the president is willing news of his firing as his client's firing is blamed on the very thing that got him sacked. >> i don't think you can reach any conclusion other than it was political. all the calls on capitol hill by republicans didn't play a role. ed: one of those republicans chairs the house oversight and government reform committee, trey gowdy is responding. >> reporter: of course his lawyer says it was a railroad job, he made up his mind donald trump should be impeached before he bothered to interview him, and on the government phone, he violated other fbi policy. rob: he was removed after mueller learned of the text, calling the inspector general's report to criticize him for those text messages. the president is celebrating his dismissal calling for a new investigation, his 2016 opponent, just fired agent stzrok, was in charge of the cricket hillary clinton investigation

coming up, shakeup at pandora. why the ceo is out. this is bloomberg. ♪ vonnie: live from new york, i am vonnie quinn. ofk: live from the city london, i am mark barton. counting it out to the european close. pandora c-shares rallying today. -- pandora shares rallying today. the ceo spoke to us today. >> this is a discussion with the board clearly a public aware our share prices moved that is disappointing from a shareholder perspective. >> good morning to you. thank you for joining us. what do you think is gone wrong at pandora? there were little details given what we heard about the profit warning. what is the problem pandora? we did that in january of last year or we had functions of development of our product. doing a very big launch of new products during 2018. one of the big assumptions was that we should see a nice pickup. the areas. we expected to see an increase in our charm business. ont we have not seen necklaces. we had to adjust for 2018. >> obviously, you face a number of challenges in trying to launch a new product. into

they said there was a small stock movement, about 1.3% but it's not had any kind of major shakeup andow, he's oing on to leave for philanthropy so it doesn't seem like there's any problem in the background that investors should be concerned about either. ramy: thank you very much. switching gears and the congressional budget office has lowered its 2018 u.s. growth outlook as it warned of trailed uncertainty and feds will probably not reduce the u.s. trailed deficit. arnold and porter sr. council claire reed and also former assistant u.s. trade representative for china affairs. good to have you. slightly down, 3.1% this year from a previous forecast of 3.3%. your thoughts first. >> well, the you see -- u.s. economy obviously is driven by a large number of factors. my perspective comes from watching china and the u.s.-china tensions as well as watching the general international trade world, if you will, with all of the very disruptive policy position scomms approaches that trump has taken. there's a lot of uncertainty, i think, which will end up potentially having an impact on the u.s.

. >> lindsay graham talking about a shakeup happy department of justice as jeff sessions fires back atald trump. this wi-fi is fast. i know! i know! i know! i know! when did brian move back in? brian's back? he doesn't get my room. he's only going to be here for like a week. like a month, tops. oh boy. wi-fi fast enough for the whole family is simple, easy, awesome. in many cultures, young men would stay with their families until their 40's. rob: demanding jeff sessions take action on the russia probe as lindsay graham fuels speculation the attorney general may soon be fired. shannon: republicans want that might not be a good idea. don't lose later has more on this. >> reporter: this relationship has been souring month after month and may be near a breaking point. definitions was one of the most loyal supporters of the president, now he is putting out a statement affirming his own job. here is what it read, i'm attorney general, the actions of the department of justice will not be improperly influenced political considerations. i demand the highest standard where they are not met, i ta

arkin -- >> a sudden shakeup in next week -- netflix. wells said he's leaving for philanthropy.udden was this? how surprising was his resignation? >> this was a surprise, i do not think anybody was looking for this announcement. there had been no speculation about his leaving. the stock has pre-much unchanged, indicating the market perceives this as a orderly transition. he is going to stay to handle the transition. it appears to be a surprise but not a big deal. from the nasdaq, energy industry. core, --on its , toook at all options create the messiah pressure holders. not a lot of people -- companies have a strong balance sheet. merger, which would mean that we will -- we exit think this is a good up -- solution. it will allow us to remain invested in the company, in the coming years. >> you can follow more on this story and all of the trading at our live bird -- blog. you can get a market rundown on one click, commentary and analysis from bloomberg's expert editors. about 30,000 -- really show you are favorites on television. here's another function you will find useful, it w