outcome, sirius will buy them in the near future.is probably the most likely scenario. they will look for information on it as well. scarlet: lots of questions on that front. thank you so much, abigail doolittle. julia: a look at some of the biggest business stories in the news right now. wells fargo is facing a second lawsuit after the bank account scandal last year, accusing the firm of forcing them to buy auto insurance they did not need or want. the charges resulted in 250,000 dealings and 25,000 vehicle repossessions. wells fargo disclosed it charged customers for unwanted insurance. after of bonds fell today scrapping plans to redeem some of the $14 billion of debt. the move sparked speculation that it could be worse than expected. banks want more liquidity reserved. carsble to overhaul rental and upgrade to newer suvs. it reports earnings on august 8. a $42 billion stock manager who -- womenthe bank study leaders return to 25% a year since 2009, more than double the index. the reasons are not exactly clear. they suggest women

they have the massive investment from sirius xm. now it is all about the execution. so i guess jana wants to be involved on the ride, along for the ride on that. >> i think they believe probably that the floor has been put in place for pandora. i'm not necessarily sure it is a name burned me multiple times. as you mentioned they have the investment and now it is a proven strategy. it is a proven story and what does that come in the form of? it comes in the form of multiple earnings and reporting good quarters, accelerating growth. we have not seen that to date. listen, the visibility for them might be good. for me it is more of a nimble type of trader i'm not ready to step in. >> it is clear they are betting on the execution now of the -- they have a new ceo and sirius xm money and liberty behind that. they are betting on the execution of liberty which they have done before in other big names. tried and true performers. >> pandora is more of one of these interesting situation wheres it is a great product and people love it but not a great business to be in. you could

you can see us on sirius xm channel 119.on, multinational companies like coke and pepsi are planning a curious way to tap into the massive under 30 population in pakistan through frames. >> -- raves. >> a lot of brands are using tohnology is a, house music advertise to people under 30. this is how they are trying to reach them. coca-cola is doing a lot of marketing around music area there are raves we found, cellular carriers are a big sponsor of these things. pepsico is in the game as well. oliver: how do big corporations go from their main products to putting on event in places like this? what is the corporate strategy? >> if you're talking about a market in which gdp per capita is under $6,000 per year, you reach a stratum. a lot of the kids that are attending them studied in in the u.s. or the u.k. and that is where they picked up the taste for this music. twice it is brilliant for the brands. gdp is a big contributor to and pakistan. this is a percent of gdp and the global average is under 60. the economy is growing at

you can also catch us on the radio on sirius fm, new york, boston, and a.m. 960 in the bay area.d on asia in the bloomberg radio plus app. peter mccoy writes about what the u.s. congress could learn. -- peter coy writes about what the u.s. congress could learn from the french. peter coy, i think the idea of the french vacation, they take a month off. peter: they do, and they enjoy it. i talked to a woman who runs a b&b in provence. actually a place we stayed. she said, look, it is almost a right, as if it is handed down from the french revolution of 1789, we take our vacation, nobody gets in the way. oliver: you think they do the vacations right. america does the top gdp in the world. maybe i am willing to sacrifice my vacation to stay on top of the food chain. peter: some of the people that i talked to acknowledge that america has a pretty high standard of living measured in gdp per capita. the question is, what are you willing to sacrifice for that? or do you need to sacrifice anything? for example, americans work for a long hours, germans work for fewer hours per year than ame

." ♪ oliver: you can catch us on the radio at sirius xm, 106.1 fm in boston, 99.1 and washington, d.cdon on mux-3, and in asia on the radio plus app. questions remain about the legal ramifications of donald trump jr.'s communications with a russian lawyer. paul barrett looks into the possibilities. paul: the meeting was advertised to trump jr. as one where he would encounter a kremlin connected lawyer who was ready to convey some kind of derogatory information about hillary clinton that was coming from the russian government, and all of this was part of a russian government effort to help donald trump. that is what we know so far. carol: we know that because we see that in these emails? paul: that is correct. released by donald trump jr. because he was under pressure with "the new york times" threatening to publish a story that would've included all the information. it was a like he actually did this out of a real sense of transparency. oliver: and his reasoning changed over the news breaking. what did donald trump jr. or donald trump senior, the president, have to worry about from th

you can catch us on the radio on sirius fm. and in new york. in boston. 99.1 fm in washington, d.c. a.m. 960 in the bay area. carol: in asia on the bloomberg radio plus app. oliver: in the pursuit section the profile of the mega-money , manager dan iversen. carol: his new plan on how it plans on killing the competition. oliver: here is reporter john gittelsohn. john he came into this : challenging situation. bill gross was synonymous with growth. he was like the bond king. then there was this generational power struggle at pimco, gross got pushed out and iversen inherited the firm that is hemorrhaging money is all of the -- hemorrhaging money, as all of these investors are like, what is going on with pimco? we put our money in nature of a protector money, not lose it. it is like an airplane that is in a nosedive. he has to take over the helm. and he has managed to basically stabilize this spiraling plane and now it is getting an upward glide path. oliver: that is consistent with what you would want from a bond manager, not necessarily that thin

you can listen on the bloomberg radio app and on sirius xm. bloomberg. ♪ alisa: i am alisa parenti in washington and you are watching "bloomberg technology." let's start with a check of your first word news. president trump plans to put ty cobb in charge of overseeing the white house's legal and media response to investigations into russian meddling in the 2016 campaign. according to people familiar with the decision, he is intended to be the enforcer of discipline, public spokesman, and the point person or questions from congressional panels and justice department special counsel robert mueller. senate majority leader mitch mcconnell's latest health care draft almost certainly is heading to rewrite again to find a way to appease both sides of the republican party. the bill already has drawn two firm no's leaving mcconnell unable to lose any more support to get the 50 votes he needs. the chairman of the freedom caucus spoke with bloomberg today and said he thinks the senate bill could make it through the house. >> i think it has a real chance

you can listen to us on radio on sirius xm, 106.1 fm, a.m. 1330 in boston. and in asia on the bloomberg radio plus app. u.s. lawmakers have record deal making in the chip industry. >> unprecedented. nothing like this has happened in the 40 or 50 years of the chip industry. getting together at a rapid pace and consolidating into a few concentrated companies that are responsible for the majority of production. >> the cost of production is helping fuel the m&a pace we see in the semiconductor space. when it comes to chinese companies that want to be in that consolidation wave they are being left out. how come? >> there is a geopolitical aspect to this. the semiconductor industry is primarily a u.s. industry. china is the biggest market for chips. 59% i believe of the overall market is actually sold into china. it is really a u.s. industry. the fastest way to get expertise, the fastest way to get market share is to go out and buy it. buy companies, and the u.s. government does not want that to happen. oliver: let's talk about one specific person in the story. it

you can catch us on sirius radio, 99.1 fm in washington, d.c. and am 960 in the bay area.erg radio plus app. online at businessweek.com, tony fadell is famous for creating the iphone and ipod prototype. oliver: we sat down with him to see what he sees for the future. >> one of the most important hardware designers today worked at apple and was a key engineer on the ipod and then the iphone. he built early prototypes of both devices and then he went and started nest, which is this, made this smart thermostat. best pioneered the idea of these smart home ideas that we are seeing, sold it to google for $2.3 billion, left last year and is taking a bit of a rest. he is working on something but will not say what it is. oliver: this is a guy we should listen to when we try to assess where technological devices are going and where technology is going. >> we had a nice conversation about the iphone, it is celebrating its 10 year anniversary. it came out june 29, 2007 and i asked him, what is the next iphone going to look like? will it be a phone? his response was basically, no, he t

this is pandora's first earnings report since they sold in 19% stake sirius xm and dismissed their ceoicking with music streaming, the number one paid music streaming service, spotify, is expanding their business model again. this time, spotify is eyeing a growing demand for podcast, a field dominated by apple. they plan to experiment with new media, increase the time customers spend on the app, and boost their ad sales. here with more is caroline hyde, with us from london. tentative steps for spotify. what have they agreed to so far? >> a bit of backscratching so far. i will start to promote podcasts -- they will start to promote seeasts, and you might advertising on billboards and buses. they want podcast to promote spotify. simmons podcast, podcast america, there is a deal going on. you might have already seen that there -- go into andreessen and horowitz's podcast. they have been playing this up behind the scenes. they commissioned original contest -- content on the music business. they are expanding that and will be commissioning a new batch of original podcasts in the coming mont

you can also catch us on the radio at sirius xm. 99.1 fm in washington dc. mux3 and in asia on the bloomberg radio plus app. oliver: in the pursuit section this week, the latest book by andrew mcafee. carol: it is called machine platform crowd and we caught up with them. >> technologies advanced faster than we expected. we thought we were pushing the envelope a little bit being optimistic. we lowballed it. the breakthroughs that have happened in terms of getting machines to not just make decisions but figure out answers on their own have been breathtaking. at the same time we have been , kind of disappointed with the ability of businesses, organizations, and the government to keep up with these changes, so we are glad we tried to write this book to close that gap. >> we wrote this book about how with the second machine age, everyone underestimates the scale and pace of tech growth. carol: why is that? >> we underestimated the scale and scope of progress. technology is just doing wonderful things. every once in a while there is a technology surge that we are

that's that's actor ryan phillippe on the sirius xm radio show.owed off that skill to reese witherspoon, while they are married, but we know how the family feels about dad because he was just asked. >> have your kids felt embarrassed by their parents or do you get the ultimate cool card? >> i don't think any parent get s the ultimate cool card. for instance, right now i'm shirtless on the cover of a magazine. i'm sure that's not my daughter's favorite thing in the world. >> it is fun for you to read the comments about how much they look like you and reese? >> it's weird because isn't that obvious? >> you're the parents. >> who else are they going to look like? >> the 42-year-old, who is dad toye 17-ar-old ava and 13-year-old deacon is playing dad once again. >> here it is. >> yay! >> this time, starring opposite joey king in the film, "wish upon". >> i'm so sorry you had to see that. >> did you pull from the relationship with ava? >> of course. there are a lot of similarities. they're both highly intelligent, super funny, and it made that much mor

host: we welcome our listeners on c-span radio and sirius xm. christine, new york, democrat line. good morning. caller: good morning. the arguments they are making in favor of the repeal bill are not -- they are pretty ridiculous, the host talking about the free market and competition in the insurance market and the insurers need more competition. it does not make sense. if there is only one insurer in that state, the chemical profit. and howmarket failure is competition going to make a better situation in those states it even one insurer cannot make a profit? host: thank you. guest: the issue there, republicans are making an argument this is a free market solution and if they eliminate some of obamacare regulations, insurers will come back to the market and start trying to offer policies again. there are several states where insurers are not offering plans because they either feel like it is not a good financial opportunity or whatever the reason is. there are states where there are only one insurance company so there are no options. this is the argument republicans are making, t

joining me sel lena maxwell, the director of progressive programming for sirius xm. joe watkins, republican strategist and white house aide to george h.w. bush and rick tyler, now an msnbc political analyst. guys, good to see you all. rick, i've got to get right to this profanity-laced tirade against priebus and steve bannon. should anthony scaramucci be the one looking for a new job today after whether the new chief of staff, general kelly, will tolerate being a baby-sitter day after day. i think scaramucci has other problems. he has a company for sale he only has one chinese buyer for. it's a very ten use situation. it may be all too convenient he has to leave anyway. i don't know how it's tolerable to have someone who so crudely disparaged the seniors adviser to the president and if californkelly does not control the charge -- >> if that's the director's way of communicating, certainly there's scrutiny. the white house chief of staff chop is all about politics. the fact that the general's background is not political, does that put him at a disadvantage? >> not nec

sirius. visited the site western officials knew. the country's government although the report. germany groups. are the same criminal and a global push to take.

you can check us out on sirius xm. this is bloomberg. ♪ so we need tablets installed...e menu app ready to roll. in 12 weeks. yeah. ♪ ♪ the world of fast food is being changed by faster networks. ♪ ♪ data, applications, customer experience. ♪ ♪ which is why comcast business delivers consistent network performance and speed across all your locations. fast connections everywhere. that's how you outmaneuver. so new touch screens... and biometrics. in 574 branches. all done by... yesterday. ♪ ♪ banks aren't just undergoing a face lift. they're undergoing a transformation. a data fueled, security driven shift in applications and customer experience. which is why comcast business delivers consistent network performance and speed across all your locations. hello, mr. deets. every branch running like headquarters. that's how you outmaneuver. washington and you are watching "bloomberg technology." rex tillerson has wrapped up his tour of the persian gulf, where he has been trying to mitigate the crisis between qatar and focusing onighbors, written documents to alleviate issues. t

you can listen to us on sirius xm. oliver: you can also listen to us on the radio plus at and asia.ffs sessions may not be involved in the russian investigation but he has been being himself busy trying to roll back a lot of obama era policies. >> it has been business as usual. times been using this where everybody is focused on the russian investigation to remake the justice department and move them in a direction that he wants them to move toward which is a focus on violent crime and a large part of this has been stripping back a lot of obama era initiatives and legal legacy. thealk to me about specifics of what he has been undoing in terms of the obama legacy. >> he has been rolling back charging policies, they have taken a softer approach to nonviolent drug offenders and ordering all prosecutors to penalty inharshest cases that they bring, this is a counter to the way prosecutions have been handled over time. he also has been taking a harder these settlements that we entered into with various cities over problematic police departments saying that he wanted to review all of those

fugelsang is an actor comedian and political commentator so as the host of tell me everything on sirius x.m. insight one twenty one john welcome back. what a pleasure mr harben greetings from the new york bureau thank you oh he's nice having you with us it's always nice to see you. whole g. twenty trip strikes me as just wildly ironic i mean he gave his big speech in poland about defending the west and then what put that in quotes and then what about showing how wildly out of touch he is with genuine classical western values you know tarion ism and small d democracy and and you know your thoughts on all that well i mean the only thing sadder than you know being embarrassed for america in front of our allies is having our allies embarrassed for us i enjoyed the poland speech as much as i enjoy reading any right wing with a pedia in-tray on a country's history mostly what he did was receipt to the poles many of whom were bussed in from the suburbs facts about their own country's history but you are very right and acute pointing out how many times he mentioned the west i believe george w.

you can catch us on the radio at sirius xm channel 119 and on 30 in newa.m. 11 york.area. >> on businessweek.com, here is the iphone prototype. tony fidel is one of the most important and hard-working designers today. he worked at apple and was a key then on on the ipod and the iphone, he built early prototypes, both devices and then he started nest which is this smart thermostat. really, nest pioneered the idea for smart home devices. he left last year and is taking a bit of a rest. he is working on something when he wants say what it is. >> basically, this is a guy that we should listen to when we assess where technological trends are going. >> yes, that is why i wanted to talk to him. we had a nice conversation about the iphone celebrating its 10th anniversary right now. it came out june 29 of 2007. what the next iphone is going to look like, will it be a phone? no, he thingss that these connected devices are going to be the future of the way that we get information. he told me that in his house on sundays they don't use screens, his vision of the future -- no one

you can listen to us on the radio and sirius xm.lso, in london and in asia on the bloomberg radio plus at. the top buses in wall street have been pledging to bring diversity to the workplace. >> the opposite is happening. max, jordan, tell me in terms of diversity, what is the backdrop? a more looking to have diverse workforce, men, women, minorities, what is going on? >> things are not looking good at some of the biggest banks in the u.s.. of the matter is that i tried to write about this a couple years ago. i may have even talked to you about it. i had this idea that writing a feature story about black diver sity, racial diversity on wall street -- the lack of it. we never found the perfect story. it is a complicated narrative through one person. we put it on hold for a while. toeditor asked me recently update the numbers that i collected. i was surprised when i took a look at the most recent numbers for all of the banks. the numbers for diversity were not good to begin with, they were bound at some of the biggest banks in the u.s

you can listen on the bloomberg xm.o app sirius this is bloomberg. ♪ ♪ is at risk of losing another bigobal market. grab raised $2 billion. the company says that expect another $500 million from new and existing backers. the move is just the latest hurdle for uber the struggles to right the ship, the series of scandals. it is the battle of the tech titans of the future of artificial intelligence. in one corner, elon musk morning is a warning ai potentially existential threat to the human race. mark zuckerberg says he is optimistic about the technology and thinks musk's gives a scenario is "pretty responsible." mark zuckerberg: i'm really optimistic. i think people who are naysayers and try to drum up these doomsday scenarios -- i don't understand it. it's really negative and assemblies it's pretty responsible. aithe next five to 10 years, will deliver some improvements on the quality of our lives. musk responded on twitter, saying zuckerberg's understanding is limited. seat.k a ringside elon, for the last couple of years has been beating the drum about how afraid we should be about the

on sirius xm. this is bloomberg. ♪ alisa: alisa parenti in washington.e watching "bloomberg technology." president trump has fired reince priebus. he is out as white house chief of staff. priebus confirmed he resigned yesterday. the president replaced him with homeland security secretary john kelly. in his tweet, the president calls kelly a great american. communications director anthony scaramucci suggested priebus leaked information to the press. president trump was on long island unveiling the administration's plan to crack down on gang violence. president trump: we're going to destroy the vile criminal cartel ms-13 and many other gangs but ms-13 is particularly violent. >> the president touched on last night's failed effort to repeal the u.s. health law. he said he was right when he said recently to let obamacare implode. chuck schumer praised john mccain for voting against the g.o.p. health bill. senator schumer: i have not seen a senator who speaks truth to power as strongly, as well and as frequently as john mccain. the very same courage he showed

heather: carly shimkus with 24 seven sirius x m -- >> nobody likes to work a holiday except us.m was very busy after north korea announced it successfully tested its intercontinental ballistic missile, and nikki haley appeared frustrated with the situation sending this tweet saying spending my forth in meetings all day, hashtag thank north korea, she is peppered with criticism, some calling that tone deaf. what did you think you were signing up for exactly? jennifer says doctor, apparently, surgeons work on holidays, pilots work on holidays, fire department worked on holidays, get over it, it is your job. a little back lash for saying that. she has a lot of meetings, they called for an emergency meeting regarding this missile launch. very busy lady. rob: i always love it when the 21 is in the news. >> colin kaepernick traveled to ghana to visit ancestral roots. he sent this video from the trip that included this controversial message saying how can we celebrate independence on a day that intentionally robs our ancestors of theirs? to find my independence i went home. this inspir

if you like bloomberg news, lancet -- listen on sirius xm.is bloomberg. ♪ alisa: i'm alisa parenti in washington, and you are watching "bloomberg technology." let's start with a check of your first word news. president trump intensified the pressure on jeff sessions today, saying he wants the attorney general to be tougher on leaks. trump also said he's "very disappointed" in sessions. he added he would not have picked him if he knew you had recused himself. the u.s. and china are making progress on a new u.n. resolution that would impose additional sanctions against north korea. that is according to nikki haley, who says it is in retaliation to the icbm launch on july 4. the house has passed a measure that would prevent a measure that would prevent the president from acting unilaterally to remove certain sanctions on russia, as well as add sanctions against iran and north korea. the measure also would bar u.s. companies from investing in energy projects in which russian companies have at least a 33% stake. the saudi led era alliance archivin

you can listen on the bloomberg radio app, bloomberg.com, and on sirius xm. this is bloomberg.on's acquisition of will disrupt next. he thinks amazon can encourage tash encroach -- encroach on the territory of restaurants and the entire prepared food and delivery market, doubling up on the grocery opportunity. he discussed his outlook. >> there is no way my thinking in our thinking is in line with what jeff bezos is thinking. he is probably several steps ahead. in thinking about that, work in the opportunities be, and thinking about how they can leverage on the whole foods infrastructure today. here are a couple of things we know. the restaurant business is an $800 billion industry, which is bigger than the grocery market. digital penetration of digital food sales is over 20% in china versus 2% in the u.s. the margins are ripe for the taking. you put that together, we think we can be in a situation where amazon can leverage their data, their analytics, and predict the kind of preferences of each individual market, leverage the infrastructure of whole foods to act as a commissar

on sirius xm.is bloomberg. ♪ alisa: i am alisa parenti in washington and you are watching "bloomberg technology." let's start with a check of your first word news. we want to begin by taking a live back to hamburg where police have resorted to water cannons in an effort to contain protesters at the g 20 summit. nearly 200 police officers have been injured in clashes with thousands of protesters. world leaders gathered for the talks have condemned the violence. these are live pictures. we will keep you posted if there are further developments. hadidents trump and putin their first confirmed tweeting today in hamburg. trump confronted putin. russia's meddling in the election campaign which putin denied. russia's economy minister says putin also complained about economic sanctions. both leaders discussed how best to move forward. >> they had a robust and lengthy exchange on the subject. the president pressed president putin on more than one occasion regarding russian involvement. president putin denie

top news headlines 24 sevenths on the sirius xm channel 115. cheryl: welcome to working with me.s going with jimmy choo. live for full report coming next. cheryl: michael cores dying jimmy choo for more than a billion dollars. joining us now with overseas reaction. good morning. >> good morning. you are seeing a pretty big reaction in jimmy choo shoes this morning. the stock opened up 17% in an all-time high. not necessarily clear what it's going to mean for michael cores, but investors seemed it's looking pretty good for being on the market this april. lauren: michael cores himself could use some help right now. >> yeah, it's been struggling with a couple things you people want deep discounts at department stores. also suffering from a bit of a slowdown in luxury handbags. the market has seen sales growth really come to a halt. it's really looking to benefit with the acquisition of jimmy choo sim better kind of brand power in the u.k., china, japan and maybe diversification of its product line. cheryl: certainly will be a stock to watch in the u.s. that's what i'm asking for. >>

next to her is eric ham, a political analyst for the bbc, sirius xm, "the hill," and has also contributed to cnn. he's been a senior contributor to rise news and is a former hill staffer, was a key adviser to senator bill nelson and the senate armed services committee and is also the author of a book called "the g.o.p. civil war," inside the battle of the republican party. this is a homecoming for eric. he was previously director of congressional affairs here at csis so welcome home. >> thank you. >> we have a saying here that you never really leave, like the hotel california. you go work other places. let's get started with the question at hand about the geopolitical impact of the fourth estate, and i want to start with the issue of trust because that is an issue that is ever-present, and i want to know what you think about what happens when people feel like the information that they are getting, they're questioning whether they can believe it, particularly as that concerns global issues, global hot spots. >> i think trust is paramount because once you lose the trust, you can't trust the

on sirius xm.s is bloomberg. ♪ tesla is ramping up production of the model 3 after the first car rolled off the line last week. the automaker already has happened billion dollars in deposits for the $35,000 electric car. if tesla achieves elon musk's targets, it will build more battery-powered cars next year than all the carmakers combined in 2016. i spoke with caroline hyde out of london and started by asking about the outlook for tesla filling all the orders. take a listen. caroline: key question. half a billion means everyone pay $1000. car is do not about this the ramp up is enormous. carr, elon musk has his that rolled off this weekend. huge --edition is ambition is huge. they have to deliver 30 in july for a special party on july 28. they want to be hitting numbers such as $20,000 -- 20,000 cars by december. the amount of cars they want to make an 2018 will be more than were made in terms of electric vehicles worldwide by any automaker in 2016. the key is, can they deliver? because there cert

you can listen on the bloomberg radio app and sirius xm. ♪ ♪ emily: razor is shooting for a gaming ipoment of its own global phone. they are said to be developing a mobile device for hard-core gamers. they sell their products via e-commerce giant jd.com and alibaba. it is sold $1 billion in products globally in the last three years. sticking with gaming, activision lizard announced the sale of its franchises in the overwatch league. among the buyers, knowing the patriots owner robert kraft. i spoke with kraft and the activision ceo in sun valley, idaho. i asked kraft why he made the move to e-sports. robert: we love the infrastructure bobby has set up at activision blizzard. we have looked at a lot. us,overwatch league, to having 30 million players at this point. just in the evolution really appeals to us and the concept of having 18 in the new england region. we know we have an infrastructure and we can do a great job with the development of that. being part of something that can be globalized is very, very relevant to us. emily: i want to talk about the finances here. bobby, how long

. >> a reminder that tomorrow is a sirius xm all-star futures game on mlb network. the t-mobile home run derby is is coming up monday on espn now that lead up to the can't-miss event major league baseball all-star game at 7:30 eastern right here on fox. still a 4-2 lead for the pirates, there are three rents extending holding, that's the inning in which they knocked out jake arrieta and the bucks bullpen has been magnificentha since. the cubs go to their bullpenif e more time for the veteran right-hander. here in the ninth, he'll get jose osuna up making his first plate appearance of the game. >> he's got a lot of fans. a ball and two strikes is the count. they failed to come back in this one, their springsteen lyrics fees and have one step up, two steps back will continue, or something like tha that. we talk about it when we went on the air and just when it appears that the momentum is starting to swing and they're going to get started on a big tying run, brian hits two home runs yesterday, jake arrieta coming off a start of the year on sunday. and there's a night

. >> a reminder that tomorrow is a sirius xm all-star futures game on mlb network. the t-mobile home run derby is is coming up monday on espn now that lead up to the can't-miss event of the summer, the major league baseball all-star game at 7:30 eastern right here on fox. still a 4-2 lead for the pirates, there are three rents extending holding, that's the inning in which they knocked out jake arrieta and the bucks bullpen has been magnificentha since. the cubs go to their bullpenif e more time for the veteran right-hander. here in the ninth, he'll get jose osuna up making his first plate appearance of the game. >> he's got a lot of fans. a ball and two strikes is the count. >> if they failed to come back in this one, their springsteen lyrics fees and have one step up, two steps back will continue, or something like tha that. we talk about it when we went on the air and just when it appears that the momentum is starting to swing and they're going to get started on a big tying run, brian hits two home runs yesterday, jake arrieta coming off a start of the year on sun

you can check us out on sirius xm. this is bloomberg. ♪ >> it is 11:29 a.m. kong and 12:29 p.m. in tokyo. a bloomberg survey says stable inflation of 2% is unattainable in japan and the for seeable future. more than 60% of economists we spoke to held that view. almost no one thought to percent would be reachable in the boj's timeframe. they expect inflation to reach the target sometime in the fiscal year of april 2018. headedeel making stocks for the best we can for months after president trump repeated his promises to crack down on dumping by foreign competitors. he said he may impose tariffs or quotas or both. countries including canada had in china have been bracing. tillerson has dampened speculation his week of diplomacy in the gulf -- he went to qatar, kuwait, and saudi arabia, reducing ideas that could be a basis for the solution to the diplomatic crisis. however, he said the two sides refused to speak face-to-face. global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. i am sophie

you can catch the reports on sirius xm channel 150.e to "the wall street journal" for a global look at the banking industry straight ahead here on "fbn:am." stay with us. cheryl: in your monday morning, take a look at dow futures. that is okay. strong performances by all the major indices. 20 for records in a row for a doll. dow higher by just a point. s&p down, nasdaq looking for a lot of earlier with anthony chan. a lot of numbers coming out. lea: yes, we sure will. another thing we've been talking about friday consumer prices unchanged in june. that is of course dampening expectations of economic growth in the second quarter. also things people can be looking at is whether the fed interest rate hike again for what will happen there. cheryl: also come earnings by delay from netflix today and also looking for all those banks. the all those things. that's bringing repo gold from "the wall street journal" london paris. good morning. >> good morning. another exciting week of tanker earnings ahead. cheryl: what are you watching right now?

you can listen to us on the radio on sirius xm radio, a.m. 300 in boston, 91 fm in boston -- in washingtonc. oliver: in asia on the bloomberg radio plus that -- app. carol: jeff sessions may not be involved in the russian investigation. oliver: he has been keeping himself busy trying to roll back obama era policies. for the attorney general, it's been business as usual. thiss been able to use time when everybody is focused on the russian investigation to really kind of remake the justice department's and move them in the direction that he wants them to move towards, which is a focus on violent crime and a large part of this has been stripping back a lot of obama era initiatives and legal legacy. talking about the specifics of what he has been a doing, in terms of the obama legacy. >> he's been rolling back charging policies that have taken a softer approach to nonviolent drug offenders and essentially ordering all prosecutors to charge the harshest -- go for the harshest penalties in cases that they bring. this is kind of a bit counter to the way prosecutions have been handled over time. a

listen on the bloomberg app, bloomberg.com and sirius xm.s is bloomberg. ♪ emily: back in the day, nasa was the only game in town when it came to u.s. space exploration. now there is spacex and blue origin. are they competitors or partners in the race to test beyond the bounds of the earth? nasa astronaut peggy whitson, holder of the record for the longest time spent in space, joined the bloomberg americas daybreak team and discussed how public and private space programs have evolved. peggy: the place we are right now, the government can do ore. for instance, we are seeing some of the seed money for some of the commercial providers, spacex and orbital atk are providing cargo to the space station. hopefully in the next year or so, we will get crude supplied by spacex or boeing. i think the government commercialization is transitioning right now and it is fantastic to see the cargo coming up in all these different vehicles. i really do think it is the future because just like aviation, it has to expand in order to be really prolific. having th