-simon: i'm simon. -dawn: dawn. -simon: nice to meet you. -lemonis: isn't it cool-looking?d we include things like this umbrella canvas, all of the furniture. lemonis: have you ever thought about having a gazebo? woman: absolutely. lemonis: we have an arrangement with true value where this one will sell for under $10,000. woman: oh, wow. woman #2: i've always wanted a gazebo, actually. lemonis: there's been more people in the first half-hour of standing at true value than there was in four hours standing at the fair. the number of buyers that could potentially buy this product tripled, quadrupled, times 10. -how are you? -rick: i'm rick. lemonis: i'm marcus. how are you, sir? i'm marcus. nice to meet you. what do you think of the product? -tom: it's gorgeous. -lemonis: okay. tom: what i'd like to do is keep it with our nursery products outside. lemonis: thank you. we're ready. let's move it. i'm excited. simon: watch the roof. we're gazebo surfing. ♪ jack: where we are today, kind of start pinching yourself every day. if there is an issue, we speak about it. there's no rais

now simone's time is coming up. >> reporter: mom nelly biles says simone was a little spring from thea girl. >> always jumping. always flipping. i don't think simone ever walked up the stairs. >> reporter: discovering gymnastics was an accident that happened when a field trip was canceled. >> they did an indoor trip instead and ended up going to bannon's gymnastics. and i still recall simone coming home with a note saying, would we consider her joining the gym? >> reporter: simone's biological grandparents adopted her from foster care at age 5. with their unwavering support simone sprouted. >> always travel to me meets and do whatever i need. i'm really grateful for that. whenever i go out and compete they're so excited when i do well. they know how hard i've put in. >> reporter: her coach remembers when she saw her for the very first time at age 6. >> i was like, what is with this kid? she did a round-off backhand spring. her very first time in class. and she said, my brother taught it to me in the backyard. so -- it didn't take long before we pulled her to have her evaluated for tea

simon french is with us.n you look at these italian banks, brexit was a concern but it is not a concern if anything goes under in italy. do they need a resolution and how quickly? simon: given the size of the nonperforming loan portfolio, isut 17% of the loan book nonperforming, yes, they do need a solution. i think we need to start talking about, there are two sets a solution second happened. state haven and how to the rules of the eurozone have to be adjusted to facilitate that? and this is complex part of the discussions. there were always penciled independent to brexit to second half of this year. think, you, i acknowledge that it is very difficult to do that without some sort of mutual's asian -- of fiscal policy and political control, then you need to realistically have a conversation about whether the italian banking system remains within the eurozone. i was struck by a speech i went to for the next governor of the bank of england mervyn king where that was the key issue, is the startven't, since of th

simon: they seem to low.have been having the same conversation a year ago, three years ago and yields have gone on a one-way path down. the change in sentiment toward , people are trying to take yield where they can get it. they are not overly optimistic about the future. so 1.5% yields are positive in the u.s. francine: overall, your best bet? what is the trade that will make money for your client? we tend to- simon: be modestly overweight. we think the risk premium -- and the support of ecb action by every part of the fixed income market will support european high-yield. in terms of best bets, it is longer dated dividend futures. very sharp selloff was brexit. it looked the longer day-to-day european euro stoxx 50 futures, they are pricing in a far more dramatic fall. francine: i think we are going to westminster. we're heading -- we're hearing from andrea leadsome. conservative leadership leader is speaking. she is expected to set up her post-brexit vision. she is due to speak any moment. i think we should

[applause] [inaudible conversations] >> what you do at simon schuster? >> senior editor director of publicity. >> what does that mean? >> i run our publicity groups. >> we wanted to talk to you about some of the books that are coming out this season. tallis one book you were working on as an editor. >> a book published in december and it is very interesting she'd say double life and happens to be one of the most respected thinkers and writers. so there is the section of brooklyn section in the final section on philosophy in all of them are part of the mind by the question. >> what are the books that simon & schuster has? >> we have a great list. probably the biggest book would be born to run. it is the first book and probably what most people want to know to even find a publisher with a performance at the super bowl to write the book on his own everything and more. for anybody that is interested in the cultural or musical history to find it fascinating. >> you should go on to worse. >> no question we would like to put it in front of an audience. we haven

simón: puede. flor: pues, entonces ya vete, simón. ya deja de molestarme. gerardo: ¡flor!ue andar aceptando regalitos de nadie

simon cowell. them. >>. >> simon: i wish you weren't coming to me first because i didn't like that very much. >> oh, really? >> simon: not really. it was just a couple of guys with some lasers and a big face. i've just seen this kind of thing better. i like it when you feel like people are floating in the air, you're telling stories. i thought the first time you did it was way better. and i hated the music you used. >> heidi: hate? wow. that's a strong word. >>> in howie, do you feel differently? >> howie: i do feel differently. i was at a different show than simon cowell. i thought it was classic dance with this new kind of digital -- it was matrix the musical, you know? it was very futuristic and very now and very digital. i thought the music added to the feeling and the eeriness. simon, did we see the same show? >> simon: yes, we did, darling. >>> in mel b, which show did you see? >> mel b: i was a bit confused at the beginning because i didn't quite get what was going on. then i did get night.

i know simon is in my corner already. >> simon is behind you. >>> welcome back to "fast money." from melania trump's speech to breaking up the banks, the republican convention is stirring up a lot of controversy. our own cnbc's john harwood is live in cleveland with the very latest. another very busy day here, john. >> reporter: simon, it's been a crazy day at the republican convention. melania trump's speech devouring most of the media's attention, questions about those passages lifted from michelle obama. everybody quickly forgot all the discord on the floor of this convention yesterday when anti-trump delegates were booing. we're going to find out in a little while whether that's going to be repeated tonight when they have a roll call vote on donald trump's nomination. of course he's going to win that vote. the question is how much noise that anti-trump dissidents make. the theme for tonight's speeches is the economy, make america work again. we'll hear from paul ryan, the house speaker, and others. one of the things that's interesting about the platform is that donald trump

simon: of course.ay publicly said whoever gets the job under her would be someone from the pro brexit campaign which reduces the runners and writers a little. people, but not as many as are available for the other jobs. francine: what was it like working with george osborne and the eu? are the eu bunch quite emotional? do you need to come in with no animosity and wanting to play nice? rupert: i think it is totally different now than the previous five years. then it was trying to find a by day solutions to individual dossiers and now you have an extensive negotiation. i imagine it will be quite tense and there will be a premium on coming in with a positive attitude and a clear plan. francine: do you think there needs to be a brexiteers in charge? rupert: i think there does. you have a prime minister who is just about on the remain side so she does have to give some senior positions to people who were for leave. this brexit position is an interesting one. i am not quite sure it is going to be the positio

simone biles hasn't lost a competition in years. other gymnast has done before. it is tuesday, july 12th. >> from abc news, this is world news now. >> it's tuesday morning. i'm kendis gibson. >> i'm diane macedo. new details from michigan. two bailiffs shot and killed inside a courthouse. >> we learned their names. they were escorting a prisoner into a courtroom when the inmate grabs the deputy's gun and opened fire. both were retired police officers. and they were in their 60s. >> the inmate was 45 years old and the sheriff says he was not handcuffed because he had not previously been violent. we have more. >> reporter: in a tense and dramatic home in a michigan courthouse. >> he's cornered on the second floor. he has a gun with a hostage. >> reporter: an inmate opens fire inside the building. every floor on lock down. >> if you know anybody in the area or building, make sure they stay put and >> reporter: our station reporting the suspect took a gun off a deputy in the county courthouse and began firing. >> shots fired. one down. >> reporter: shooting several p

>> i'm feeling really bad for him. >> poor simon. the uk, x factor and britain's got talent. but he says three years, that's his limit. no more for simon. >> speaking of music and fathers, nick carter joined the dad club. but on april 19th nick's wife welcomed their child, otis. >> we went to check in at his home. >> he's really calm. >> 30-hour labor. 8 pounds, 11 ounces is that right? >> 20 inches. he was long. >> he's a big boy. tell me about the significance of that beautiful name. >> we'd been watching the show viking a lot. and oden was mentioned a lot. i wouldn't want to name him nick jr. >> to a horse and seven chickens, it's a sweet home life for this backstreet dad and wife lauren. nick reads and sings lullabies from a 1200 page lord of the rings book. ♪ and the wind from the sea ♪ the white lilies sway ♪ and the golden -- >> some people do good night moon. >> make sure he's an intelligent child. >> i love that. and changing the diapers, feeding him and loving it. >> i do not mind at all changing diapers. >> except the pee

>> simon, good to be with you and thanks for the kind words. i think that she is at a point where most candidates are this stage of the race. remember, this is a country this is divided. even when you look at races that president obama won four and eight years ago, won by three, four, five points in the national polling and larger numbers when you look at the state-by-state polling. i give credit to the republicans in this regard. they have certainly had an unusual convention. for those who have complained in the past that political conventions are stayed, political, scripted, the republican convention has been very different than that. tonight is a big night for donald trump because of all of the mishaps and missteps and accusations of plagiarism at this convention and most remarkable thing i've ever seen at the convention, what ted cruz did last night, if donald trump and his daughter have an outstanding evenings, the convention will be remembered for that, and then we'll get a roub of polling to see what has happened and next week the democr

anna: helicopter money in japan, simon? simon: you could argue it is already happening, really.oney is moving into the corporate sector. but i don't think we will use helicopter money this year. manus: up next, the second quarter numbers after the firm dismissed reports that they inflated their sales targets. this is bloomberg. ♪ e anna: welcome back. this is "countdown." in parisondon and 7:30 and berlin. ericsson competes with the likes of nokia. they say the are starting significant actions to cut costs. sales number is coming up at 51 point billion krona. that is a touch below the estimate. in terms of any net numbers coming through, we have cooperating income -- so, the operating income figure. billion krona,e below the estimate of 4.1 billion krona. they are taking further actions, initiating cost-cutting and targeting. --tomers have come off a they have come off a period of heavy investment. this is something their rivals are having to deal with. customers are now spending a little bit less. this is a challenging revenue environment. what would they do with operating expe

>> simon, i'm out here. rnc just ended, dnc starts next week.'m going to ask people which is the better candidate for the market. let's find some folks. what candidate will be better for the market, the donald or hillary? >> donald. >> definitely hillary clinton. >> trump. >> hillary. >> hillary clinton, i hate trump. >> hillary. >> clinton or donald trump. >> both will be bad. >> why do you think hillary would be better. >> she's open, she'll promise much more future for the country, for america and for everybody. >> she wouldn't be better but she's better than trump. >> he's trying to fight crime and he don't want no -- he's not a politician, he's a businessman. >> fighting crime and a businessman, right on, my man. >> more faith in him financially and businesswise he has a better idea of what's going on. >> both would be bad. so who would be less worse. >> less worse. you can't make a call. i think trump might do something that would be catastrophic and i think clinton probably does stuff that is more consistently bad. >> i like that answer.

i'm simon hobbs, good afternoon. our traders are pete najarian, tim seymour, karen fineman and derrick adomi. republican presidential nominee donald trump rises in the polls. could it be more than just ra coincidence? we will explain. >>> plus it's an earnings extravaganza. intel, qualcomm and american express all reporting. we're over those conference calls and will bring you the very latest headlines. >>> later, the most hated man on twitter just got banned but that may not be good for twitter's business model. we'll explain. >>> first we'll explain with old tech taking the markets to new highs. kiss ki cisco breaking out, microsoft. intel hitting a new high. old tech has been on fire. is it still the best place to be despite intel's slight miss tonight? tim, let's start with you. >> i think it's stock by stock. in intel's case actually i think you've got a company on evaluation metric, first of all, coming into these numbers was trading at the high-end historical range. very important business. the pc business has

well, probably taking the top spot on that team will be simone biles. she is just little tiny thing, only 4'9", but she is airbound in everything she's done. she's won three consecutive gold medal championships and she is probably considered even mary lou retton said probably the best gymnast that lived. despite that, that girl has to do chores at home. >> i'm still normal i'm simone, i have to wash the dishes and do chores around the house. they always say yes in the gymnastics world you accomplished this but i have a normal life outside of gymnastics. >> yep, she has to do chores. her routines are really difficult, very technically difficult and she does this thing called the biles which is her signature floor routine. we'll look for that on these olympic trials. the other fan fav is gabby douglas, defending her individual all around gold. you remember gabby, she was a surprise gold medalist at the london games. as of late she struggled. a lot changed. she is a lot older, she is 20 which is older for gymnastics action has grown 3 inches and had a real

simon: they did not get that great of a reaction.eople saying, that is nice, but other things are more important. it is important to note that notge osborne will necessarily be the next chancellor. aiming at corporate taxes is one thing they can do to shore up support. tom: simon, you are covering this 20 47, when you are not looking at portugal crushing france in that small football match yesterday. what has shifted in the last three weeks in the shock of that evening? streets ofd at the london. what has changed? simon: i think people are coming around to it now and doing the work that is necessary. george osborne talking about how the economic challenges are there, but they need to be overcome and are starting to work. colleagues would head a brexit committee. there is a move from talking about it and discussing it in an academic fashion, even in the days after when the idea came out that the brexit would not actually have to happen, companies are starting to focus on what it means and how they can take the opportunity, as well as

i'm simon hobbs in for melissa lee. our traders, tim seymour, steve grasso, dan nathan, and guy a a ada adami. we start with the nightmare earnings for netflix. the beg headline, subscriber growth or the lack of it. only 160,000 new subscribers were added in the quarter. that's against expectations of over half a million, and the company slashing its subscriber growth guidance for the next quarter. the question now, is netflix any longer a growth stock? dan, let's start with you. >> well, here is the problem. it's international subscriptions. that was the thing that took it down last quarter when they reported in mid-april. they guided down from this quarter from 3.5 net subscribers to 2 million. they just missed that number. they came in at 1.5 for international subs in the q2 and then guided the q3 below expectations. for a stock that trades at this valuation, you need to see that ramp internationally. there's been no shortage of questions about competition. maybe that's coming into play. we know that they have that p

paul simon is calling it quits. at 74 years of age, paul simon is ready to give up making and playing music. he said show biz doesn't hold any interest for me, none. since last night, he performed in queens and it could be his last u.s. concert. he has a european tour skepd scheduled for the tall. fun fact, simon was the very first person to be the host and musical act of "saturday night live." "saturday night live" is up next. it's going to be very good. we've seen this one. it's a good one. >> all right. >> thank you for watching nbc bay area news. have a great, long weekend. >> live from the venetian hotel in las vegas, it's the republican debate, with your moderator, wolf blitzer. [ cheers and applause ] >> good evening. for those of you who missed our earlier undercard debate, featuring mike huckabee and rick santorum, well, the results are in, and everybody lost. now let's meet the candidates.

we also welcome simon kennedy who heads our brexit coverage. simon, let's kick it off with you.t is the first time we start a process with the tory choosing the next prime minister. there are five candidates and they vote and one drops out every tuesday and thursday. simon: one moves out every couple of days. francine: who is leading the wels at the moment? do believe them? you came on last week saying every favorite who wins tory leadership has never actually got it. cameron was not the favorite. last week we saw the one-time favorite, boris johnson, falter. [indiscernible] first few rounds of voting. nightergy minister last picking up boris johnson's endorsement. -- that was based on people contacting them rather than a broader poll. members put theresa may winning. theresa may is the one to beat. --an: once it is a two horse francine: once it is a two horse race, it is the party members to vote. do you look at their policies? do you wait on what mark carney will say? edmund: we focus more on the -- on what mark carney would say? july. at the beginning of taking polls at the b

and to tell us more about this, we have simone via skype right this minute. welcome to the show. >> whoo! >> that was so brave of you! to share this video! i mean you're all out there. you were nervous about it at all? >> yes. yeah. i was nervous about putting it out there. i figured some parents were going to watch it. i thought maybe a few thousand. and that was intimidating. >> what do you think made it go viral? >> the thumbnail? >> yeah. >> what did you hope that other women will take away from this video? >> i want women to know they have choices. it's not about everyone going out and copycatting and giving birth in nature. it's just about reminding women that we can trust our bodies. and i just wanted to show women that birth is normal. >> you've shown men, too. i've learned more from you than i've ever learned. how does it peel to have put such an education out to the world? >> i love that. and i get that a lot. you know, especially from men and i remind everyone we've all had a birth experience. we tend to think of women giving birth to other babies.

women's gymnastics trials after night one. >> absolutely simone biles. she is amazing, and then i'm really impressed with lori hernandez. >> reporter: biles leads the field early and likes hernandez as a rising star. >> tell me your name. >> gabby douglas. >> reporter: this 9-year-old came from tennessee and last night saw the olympic gymnast perform that she saw a name with. >> it was awesome. >> pretty amazing to see all the people and really the inspiration for the girls and seeing what it takes to be successful. >> reporter: and there's certainly a lot for kids to do. we've got wall climbing, rock climbing, sand, sand sculpture and i spoke with the artist here and she told me that this will be completed by tomorrow and, of course, if you didn't make it out today, there is a way tomorrow. christie smith, nbc bay area news. >> thanks so much, christie. energy is still high among the fans obviously. the gymnasts, on the other hand, are getting a bit of rest after a very tense first day of competition. in case you missed it, take a look at what happened

three-time world champion simone biles! cheers and applause ] the reigning olympic all-around champion, gabrielle douglas! making her first olympic team, laurie hernandez! the reigning world champion on bar, madison kocian! and the second member of the fierce five 2012 olympic gold medalist aly raisman! [ cheers and applause ] they will be joined by the three replacement athletes. please welcome mykayla skinner! ragan smith! and ashton locklear! [ cheers and applause ] these are your olympic team members for 2016! [ cheers and applause ] [ cheers and applause ] [ cheers and applause ] >> al: the tears from gabby douglas tell you one thing. she didn't take this for granted. [ crowd chanting "usa" ] >> tim: wow. >> al: as we told you the replacements getting the attention is nice. things could easily go they get no taste of rio or the olympics. that's the way it is. this is the team. simone biles, gabby laurie hernandez -- 16 years old -- madison kocian and aly raisman. let's go down to andrea joyce. >> well, gabby said after

three-time world champion simone biles! cheers and applause ] the reigning olympic all-around champion, gabrielle douglas! making her first olympic team, laurie hernandez! the reigning world champion on bar, madison kocian! and the second member of the fierce five 2012 olympic gold medalist aly raisman! [ cheers and applause ] they will be joined by the three replacement athletes. please welcome mykayla skinner! ragan smith! and ashton locklear! [ cheers and applause ] these are your olympic team members for 2016! [ cheers and applause ] [ cheers and applause ] [ cheers and applause ] >> al: the tears from gabby douglas tell you one thing. she didn't take this for granted. [ crowd chanting "usa" ] >> tim: wow. >> al: as we told you the replacements getting the attention is nice. things could easily go they get no taste of rio or the olympics. that's the way it is. this is the team. simone biles, gabby douglas, laurie hernandez -- 16 years old -- madison kocian and aly raisman. let's go down to andrea joyce. >> well, gabby s

pegg is here tonight. [ cheers and applause ] the very talented simon pegg.o, we'll have music from country artist, maren morris. it's gonna be a great night tonight here at "late night." [ cheers and applause ] but before we get to that, the republican convention began governor mike pence, is scheduled to speak. but how much do we know about pence? for more on this, it's time for "a closer look." ♪ [ cheers and applause ] >> seth: in the end, the trump veepstakes came down to a three-way race between former house speaker newt gingrich, somehow still current new jersey governor chris christie, and mike pence. gingrich for his part seemed to sense that his odds of getting picked were fading last week and explained it this way. >> in many ways, donald trump is like a pirate. he's outside the normal system. he gets things done, he's bold, he's -- actually, like a figure out of a movie. in a lot of ways my entire career has been a little bit like a pirate. i've taken on the establishment of both parties, i've been very prepared to fight in the media. do you reall

simon cowell is here. [ cheers and applause ] my favorite. i always loved simon. he's the best.superstar. lilly singh is dropping in. [ cheers and applause ] she is funny, funny, funny. not only is lilly here, but you may see her parents later in the show. and then they are by far my favorite -- would you call them magicians or illusionists? or -- >> steve: i would say magicians. >> jimmy: magicians. and there's always funny and topical and poignant and just i love them. every time they're here, they hit a homerun. penn & teller are here, you guys. >> steve: yeah! >> jimmy: penn jillette. penn has a new book out. we're gonna talk about it. it's called "presto." and then they're going to do a a card trick, okay? that you can participate in at home. now all you need -- you're gonna need four playing cards that you don't mind ruining. okay? they should be four completely different cards, and they should not be the same suit or number. i'll let you pause the screen now, go get your cards. [ light laughter ] >> stedo >> jimmy: we didn't need to pause. hey, welcome back. [ light laugh

i wonder, simon, if you have seen a dichotomy?, a masters like to compare her to margaret thatcher a lot. she is a safe pair of hands. she is conservative. hear. that we but on the other had, she is bringing in the socialist or european socialist things of putting labor unions on the boards of countries and clamping corporate taxes. she does not want just the -- a cryd few to enjoy out to the popular voters. do you see those two w things playing in her campaign? simon: absolutely. she spoke today before she knew she was going to be prime minister. she was talking about the economy needs to include more people, and share the wealth that much more, and david miliband, previously the leader, a year ago, taking on david cameron in the general election, it's certainly a taste of french and german politics there, but think about it. party inhe labour disarray. it certainly does not have the leadership, and with theresa may , why not broaden my base? to take some from the center, but also to appeal to some of those people who voted for b

. >> absolutely, simone biles. she is amazing.hen i'm really impressed with laurie hernandez. >> reporter: biles leads the field early. she likes hernandez as a rising star. tell me your name. >> gabby douglas. >> reporter: this 9-year-old came from tennessee and saw the performance of an athlete she shares a name with. >> it's amazing to see the people and the inspiration for the girls, and just seeing what it takes to be successful. >> reporter: they came from salinas. with names like alley, gabby, and simone on their minds. >> she's like my role model. i want to be like her. >> reporter: are you a pretty good gymnast too? >> yeah. >> reporter: awesome. and back here live, there is music, demonstrations, really a lot to do. and if you can't make it today, of course you can come tomorrow. christie smith, nbc bay area news. >> very exciting, christie, thank you so much. >>> energy is still high among the fans. the gymnasts, on the other hand, are getting much-needed rest and recovery after a day of competition. simone biles stole

simon: they could will do. for worrying about article 50 is point out by the economist at morgan stanley. it's the uncertainty about it. the two-year span in which the u.k. have to negotiate its way out of the club, and what that means for afterwards are going to be a source of considerable doubt for markets, for executives and stakeholders in the economy. the article 50 process is going to cast a shadow over the economy. nejra: we also heard from the bank of him when governor mark carney this point. what did he have to say? when the is that toughest jobs in central banking, he has to monitor the effect we're talking about. some of the members of his monetary policy committee have spoken out is that they would like to see more data before ,hey vote for greater stimulus that the problem, because he has tipped his hand it implicates the status will be coming in august. muchtart to wonder how will be coming and that will be reflected in markets. nejra: the markets price again something like an 88% probability that

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simon: (habla en inglÉs) (habla en inglÉs) alan: ah, mira! un joven tiene cÁncer. Él estÁ enamorado. Él bromea con su novia sobre la posibilidad de casarse. finalmente se casaron. lo hicieron en vivo desde el hospital. sebastiÁn: muy romántico. sociales?quÉl sebastiÁn: vivir ese momento para siempre debe ser muy lindo. william: ahÍ estÁ, hablando de redes sociales, eres un icono digital. sebastiÁn: se llevaron premios en la categorÍa. finalmente quedÉ nominado. cuando gané fue como guagua, -guau! fue como increÍble. le agradecí al grupo los caballeros. tenemos un tatuaje. tiene forma de caballero. salieron todos en escenario a recibir el premio. william: mÁs adelante vamos a hablar de tu libro. vamos con karla y johnny. karla: gran historia. este es el verdadero amor. mÁs como estas. vamos a la pausa pero tenemos a nuestra mamacita. johnny: nuestra mamacita nos enseÑa a hacer ejercicios. todo esto sucederÁ en despierta amÉrica, la casa mÁs feliz de todos los hispanos. marc anthony: ♪ voy a reÍr, voy a gozar ♪ voy a gozar ♪ tu bebé confía en t

take it away. >> yeah, good morning, simon. this morning it is officially donald trump's republican party and that's got a whole host of ramifications down the line of policy positions that the republican party has traditionally held, that it's not necessarily going to be holding in the future from foreign policy to the economy. we're also talking about trade. trade is an issue that donald trump has. campaigning on, made a centerpiece of his campaign throughout the year. he's sort of agitating the chamber of commerce types who don't like to sees this deviation from particular republican free trade orthodoxy. the way donald trump put this last night. >> i have a different vision for our workers. it begins with a new fair trade policy that protects our jobs, and stands up to countries that cheat, of which there are many. it's been a signature message of my campaign from day one and it will be a signature feature of my presidency from the moment i take the oath of office. >> reporter: one of the most striking moments to me in dona

jon: i wonder about the wisdom of that attack, simon. she's pointing out the fact that people are, 7 and a half years after the obama administration arrived people are upset and anxious in this country. >> it's a great question and i think we will talk about this next week as i come on board. i really believe that if you look at the polling data, people are anxious, they're not angry. there are a lot of anger republicans but the country as a whole, the economy is improving. you are safe today than we were. going to debate this and people can disagree but we had now five years of rising incomes in the united states, the annual deficit is half of what it was when obama came into office and the unemployment rate is under five percent. part of what the democrats are going to be arguing over the next week is look, we have a gradual recovery. we're not where we want to be but things are getting better and electing donald trump with his republican economic strategy that brought two recessions in the last two presidency is more likely to derail

up next, simon derrick joins us. the pound is on the move.will talk about that story, and the chinese currency as well. ♪ tom: good morning, everyone. we are watching foreign exchange with stronger dollar, weaker euro. fx is where the market action is. to our first word news. taylor: almost no one gave them a chance -- gave him a chance more than a year ago when he announced was running for president but donald trump is officially the nominee. his son made it official speaking from the convention floor. >> to be able to throw donald trump over the top in the delegate count tonight with 89 six fors, and another john kasich. taylor: the convention also nominated mike pence for governor -- vice president. francois hollande has cautioned the france -- france do not give into panic. growing criticism of his counterterrorism measures following the attack last week and nice. more fell out firm reports of widespread doping regarding russian athletes. the olympic committee will not admit any russian officials into next month plus games and will rule o

simon: it is guaranteed somewhere in the area of $.28 on the dollar. they've put up 90% of its net worth. the reason i'm here in the cayman islands is seeking to recover money that was misappropriated previously entered recover that money for the banks. that's why i am down here in the cayman islands. ever trialargest here in the cayman islands where they are trying to recover somewhere in the area of four to 5 billion. it would pass directly to the claimants. we also have litigation in saudi arabia where we are seeking further recovery of money. if we are successful in that, that would lift recoveries from sent mark to $.48 or even higher. it is a long process. it is a marathon, not a sprint. but we are very optimistic that we will be successful here and in the other litigation. yusef: what is the next step in that process? there is an ongoing issue for more than half a decade. when can we expect the deal to close taste on the communications you may have had off the record with some of the saudi banks? simon: in the processes we stand now, the five-me

he said simon and schuster. my jaw dropped to the floor. a first-time author getting published by an imprint of simon & schuster is an amazing event. you can take my word for it. please join me in welcoming bill. he has agreed to begin his talk tonight. my earlier thoughts were that it was great that he got simon & schuster and now that i've read the book i think simon and schuster should be glad to have bill walker. please help me in welcoming him tonight. [applause] you so >> thank you so very much and thank you for so many of my students in all the classes showing up. i certainly appreciate it and look forward to this. the book is about a disastrouse battle in france. 122,000 americans were killed and wounded in this battle. it has a rather unusual genesis, if you will and i will read you how it came about. the prologue is called words tongued with fire. winters are seldom kind in central pennsylvania. around thanksgiving, snow surges out to cover the battlefields of gettysburg. the landscape assumes a power befitting the deaths that how

[laughter] for simon and schuster people are wonderful. cannot tell you the kind of support that i got. most people have a lot of interference. they didn't interfere. the suggestions they were made

here is simon kennedy who oversees the brexit coverage at bloomberg.t accelerates the british pound. 100 years of debasement it is not an eight day phenomena, it is 100 years. simon: if you look back over the last century, and the pound has been simplistically driven at times with a series of devaluations. 1960'scently in the late when the prime minister spoke about the pound in your pocket. again with the crisis. the pound has taken a series of overs in three decades. mark: good for our competitors? simon: the bad outweighs the good. basedcturers, tourism industries welcome the cheaper pound. we not seeing much benefit in the wake of a natural crisis when the pound tumbled down. not much effect on the u.k. economy in the way of positive growth. a deficit continues to swell around 7% of gdp. in a world where there is not much demand in the best of times, a weak currency might not be much for us. vonnie: the idea of a 15% business tax, how realistic is that? would that help? when the next budget comes around. if he is the chancellor, that would be a goa

simon kennedy overseas the coverage from london. simon, thank you for joining us.s this because, if you watch equities it has not looked that bad since the brexit vote. you are in the black if you are an investor. other asset classes are seeing real weakness? simon: you see it in the pound the most. the lowest in more than three decades. the dominoes are not falling, but they are starting to shutter. matt: what about real estate? it is like a canary in a coal mine. after the vote i was on the traders were and telling me about projects investors were pulling out of over concern that would not be as much need for office space. simon: you have a market that many thought was frothy in london before the vote, and now people are reevaluating the market for commercial property. you wonder if companies will invest, the companies that are here, will they stay here? all of that in a frothy market. you are seeing the panic button hit in some areas. shery: our people expecting a sawp a 40% like we in the financial crisis of 2007-2008? property?financial it is too soon to tell.