maybe so, mitch mcconnell telling sirius xm that the president does not need to rein in legislation. >>> the g7 summit tomorrow. larry kudlow says president trump is not backing down from the aggressive trade stance. setting a showdown with u.s. allies. >> we will do what is necessary to protect the united states, its businesses and its work force. he has always said and agree tariffs are a tool in that effort. people should recognize how serious he is. >> he is serious. that stance has isolated the united states at the g7. it has been called the g6 plus 1. the united states is alone here. you can expect the first chance for g7 leaders to confront donald trump about the tariffs. it will confront the separate meetings with justin trudeau. last week, metal tariffs unleashed a rebuke on the finance ministers. now the eu making good on the tariff threat. $3 billion in u.s. goods starting in july. denim, peanut butter and motorcycles and bourbon. hitting states governed by senior republicans. >>> breaking overnight. a sharp turn from the justice department. a senior official says the doj

carol: you can also find us on radio on sirius xm channel 119 and in new york, boston, washington, d.che bay area. jason: and also in london and asia on the bloomberg radio plus app. this brand, a big hit for gm. sales have increased tenfold since 2016. carol: it is all due to an increasing middle class in china. >> we have a rapidly growing brand. they make small cars and make b's which isger np like a minivan over there. it has grown 10 times since 2013. it is up to about one million units per year. buick has kind of stalled out and that is really their big brand. so has it chevrolet -- has chevrolet. the brands that are growing our cadillac.- are in china, that center part of the market were buick competes against brand like volkswagen and others are is still growth. this is china after all, but most of the growth that you will see next year will come on the lower end and higher and -- end. the fact that gm has a domestic brand, a chinese brand. it is a good place for gm to beat with the middle class growing up. the brand itself is starting to get better prices and put out more expe

on sirius xm. this is bloomberg. ♪ .s. on sirius xm.his is bloomberg. ♪ caroline: silicon valley bank may be known for its operations in the tech held, but also has a presence in europe. it announced it is expanding to germany and opening offices in frankfurt. so why into this market now? our guests join us right here in london. frankfurt was an interesting choice. i used to cover the tech scene in berlin. why frankfurt? >> because of longer-term ambitions in germany to build a bank where you will find all of the jobs in banking, not just the sales and relationships jobs, but berlin is often called the center of innovation in germany, but it is relatively , but companies, startups technology companies are spread far and wide in germany, so we have been thinking about how to berlin,nich, frankfurt, and other cities. it is more spread out than in the u.k. caroline: you wanted to be a fintech hub. who are the clients you are aiming at? >> we start with early-stage companies lending alongside a series a investment from venture capital. caro

you can also find us on radio on sirius xm channel 119 and in new york, boston, washington, d.c., anda. jason: and in london, and asia on the bloomberg radio plus app. in the business section this week, this is a brand not many people outside of china has heard of, a big kid for gm. sales have increased tenfold since 2013. carol: which is pretty dramatic rose. it is all due to an increasing middle class in china. >> we have a rapidly growing brand. they make small cars and make seven passenger npb's which is like a minivan over there. since has grown 10 x 2013. it is up to about one million units per year. that is the good news. the bad news is buick has kind of stalled out. and that is really their big brand. so has chevrolet. ourbrands that are growing cadillac on the top of the market, getting nice growth. now, that center part of the market where buick competes against brands like volkswagen another's, there is still growth there -- like volkswagen and others, there is still growth there. this is china after all, but most of the growth that you will see next year will come on the

you can listen to us on radio on sirius xm channel 119, and on am 1130 in new york, 106.1 in boston,9.1 fm in washington, d.c. and am 960 in the bay area. jason: in london on dab mux 3 and in asia on the bloomberg radio plus app. we turn to the politics session section and a cornerstone of president's immigration policy is the idea that so many undocumented folks are criminals. aren'texactly, and we sure the data is out there to support that. jason: it is getting even harder to find out what that data says. carol: we did some digging through reporting. they were hammering home the so-called sanctuary cities like new york don't honor these notices called detainers to hold onto people they have in custody so ice can pick them up. they are saying they ignored 440 of these detainers from us and release these people. some of whom are criminals that get picked up right away again. they are endangering their own communities unnecessarily by stance not political supporting ice. jason: let's go back to this idea of immigration being at the core politically and rhetorically of the trump admini

you can listen to us on radio on sirius xm channel 119, and on am 1130 in new york, 106.1 in boston,fm in washington, d.c. and am 960 in the bay area. jason: in london on dab mux 3 and in asia on the bloomberg radio plus app. you are here with editor in chief joel weber. inside the magazine, a debrief with justin trudeau. jolt: it is our flagship interview series with the biggest names we can speak with kerry justin trudeau, head of stating canada is one of them. minister, we spoke to him ahead of the g7 in canada and generated a ton of news out of this. the same day we spoke with him, canada nationalized a pipeline. there is a lot of internal politics that will come of this but he framed it as a trade issue and a trade has become such a sticking point with canada in general since the u.s. and canada are trading partners above any other two countries in the world. jason: to say it is a sticking point is an understatement in the way that justin trudeau has really sharpened his language back to the u.s. after spending a lot of time cozying up to donald trump. g7 is an amazing framework

carol: you can also listen to us on radio on sirius xm channel 119. boston.the technology section, artificial intelligence clearly getting smarter with facial recognition software still getting confused by darker skin tones. carol: there are problems out there. you have companies that microsoft working hard to overhaul this problem. >> law enforcement has actually been using facial recognition technology for years in various applications, i think more so than people realize. the thing that really kind of highlighting this application recently was the aclu did a bunch of public records requests and found out that amazon was marketing its facial recognition product, called recognition, to law enforcement agencies. >> there aren't guidelines out there to make sure it is being very careful? >> law enforcement has been eager to adopt anything they think will give them some sort of edge. they follow a common thread where they want to get out fast. it's not quite ready for prime and in some instances, there is no guideline saying it has to be ready for prime time. >

maybe so, mitch mcconnell telling sirius xm that the senate does not need to rein in the president on legislation. >>> the g7 summit tomorrow. a meeting of the world's largest economies. larry kudlow says president trump is not backing down from the aggressive trade stance. setting a showdown with u.s. allies. >> we will do what is necessary to protect the united states, its businesses and its work force. he has always said and i agree tariffs are a tool in that effort. people should recognize how serious he is. >> kudlow says the trading system is broken and the united states will fix it. this is the first chance to address the steel and aluminum tariffs. this will set the meeting with macron and trudeau. canada and mexico hit back with tariffs on their own and now the eu targeting $3 billion in tariffs with denim and peanut butter and motorcycle and bourbon. hitting states governed by senior administration. this hits right into trump country for retaliation. >> this is an interesting weekend at the g7. let's talk about it with julian ze zel zelizer. we love our breaking news ban r b

and her radio show is available daily on sirius xm channel 95. [ cheers and applause ] my thanks to jadaers." thank you for watching. have a great weekend. i hope to see you next week. bye-bye, everybody. [ cheers and applause ] ♪ ♪ ♪ ♪ >> announcer: from 30 rockefeller plaza in new york, it's "late night with seth meyers." tonight -- reese witherspoon, editor of the "new yorker", david remnick, live "new yorker" cartoons. featuring the 8g band with zach danziger. ♪ [ cheers and applause ] ladies and gentlemen, seth meyers. >> seth: good evening. i'm seth meyers. this is "late night." how is everybody doing tonight? [ cheers and applause ] that is fantastic to hear. in that case, let's get to the news. when asked about the lawsuit by adult film star stormy daniels against president trump yesterday, white house press secretary sarah huckabee sanders claimed that the case had already been won in arbitration.

applause ] ♪ >> jimmy: our next guest is the host of "you up with nikki glaser" weekday mornings on sirius is so exciting. okay, so i'm currently in negotiations to get back with ex-boyfriend. thank you. [ laughter ] we have broken up seven times in five years. so i have no friends left. [ laughter ] and so if anyone wants to, ha like out after the show and just read through -- [ cheers ] really? i would lo for that. i just need you to read through a couple texts from him just to give me some perspective. i need some fresh eyes on these things. [ ligh ilaughter ] won't take long. i'll choose one of you and quickly airdrop 30 to 1,000 screen shots of text conversations between us. 'cause that's all that's in my phone. i hope you like reading blue. i'm not doing well in these conversations. [ laughter ] that's all that's in my phone. [ applause ] texts between me and men who will never love me, and naked pictures. i send those. and i ouldn't. i shouldn't. the cloud is not secure. but, like, neither am i. and i need -- [ laughter ] [ cheers and applause ] -- constant validation. i don't put m

on sirius. every year in pakistan hundreds of women are victims of so-called honor killings one on one east searches for the truth in a case that exposes the growing clash between old beliefs and modern life on al-jazeera business updates brought to you by qatar airways going places together. business updates brought to you by qatar airways going places together. in the marketing. stories generate thousands of headlines with different angles from different perspectives separate the spin from the facts that's why i'm going. with the listening post on al-jazeera. this is al-jazeera. and our norah kyle this is the news hour live from doha coming up in the next sixty minutes south sudan's president salva care and rebel leader react meshaal failed to reach an agreement to end years of violence. a use top official meets the leaders of austria and hungary to find a solution to the refugee crisis. and indonesian cleric with ties to i saw is sentenced to death police say his teachings inspired recent att

zerlina maxwell of sirius xm, joe watkins is with me as well. former aide to george h.w. bush, and michael steele, former senior adviser to jeb bush. zerlina, let me start with you. and the confusion i was talking about with danny just a moment ago. we learned from political, the department of health and human services creating a task force to deal in some capacity with what's happened here. what is your sense of the magnitude of the confusion, the chaos and engagement from this administration in trying to figure out what needs to happen next? >> it's clear at this stage they did not have a plan for reunification, or at least it wasn't a priority. as this has all unfolded throughout the week, it is clear the administration was surprised by the backlash. the "washington post" and the "times" this morning, we are learning more about the fact that steven miller loves these images, he loves the sight of asylum seekers and undocumented people in these detention facilities. and i think that's particularly alarming if you're an american who is repulsed by these images of people

let's bring in host sirius xm, joe watkins and michael steele, former adviser to jeb bush. with a good saturday morning to all three of you. do you think the president is being intentionally misleading or do you think he just doesn't have his facts straight or he is speaking the way he wishes things were? >> i think it's a mix of all three. i think the president has long he embraced this idea of what he calls truthful hyperbole all to create the impression that he is doing better, he is more successful, he is winning in a way that isn't always supported by reality. >> and so your take on this, danielle? why does this president speak like this? >> because he is a liar. it's plain and simple. look, he created this policy of separating children from their families because he wanted to send a message, him and jeff sessions want to accepted a message to immigrant families that we don't care, america is heartless. regardless if you're fleeing violence, criminal activity, horrible things that are going on, that once you arrive in america, we are going to make your lives worse. tha

. >>> siriu xm was downgraded from underweightve to weight. they're entering a more mature phase of growth which presents a new set of targets. the stock is $5. >>> tjx companies was downgraded to neutral from overweight. the analyst citesua von given the stock's gain. st> still ahead, why renovating your home could coou a lot. >>> strong housing a demand an expanding economy help the nation's largest home builder linar easily beat estimates last quarter. while earnings and revenue grew strongly, the company said average sales prices of their homes jumped morehan 10% to $418,000. the shares rose nearly 5% ohe day and that, in turn, helped lift the rest of the home builders in today's session. >>> hom g pricens surged but slowed ever so slightly a possible sign that the higher mortgage rates may have been a factor. the s&p kay schiller national home index ros 6.4% in april year over year. that was down a tick from marche national number tracks average prices from metro areas all arod the country. >>> and in today's pricey and competive housingm

borrowed with permission that 1972 steelers wheel hit song that's also the opening every hour for my sirius xm radio program. i'm not making a penney, copper or otherwise on this project. i'm thrilled that all authors proceeds benefit the children's cries treatment center which provides social services to kids the victim of trauma. that's a cause all of you are supporting by beg here today. my above my wife who is here and front and center is on the cctc board and i applaud her work and the work of everybody else who is involved in that cause. >> so, the book is a collection of 100 of what i consider to be my more memorable columns published fromhe 1,047 by my count, from the philadelphia daily news and inquirer. i'm extremely greatful to the ily us? enfirer for the permission to publish this work and i'm very grateful to temple another press, out in that you see it, they dade spectacular job. thank you, temple. thank you, enfirer, thank you, daily news. i have added a fresh afterword for each column in the book and have recorded both the columns and the afterwards for release by audible wh

and i both think they should be well of course because of the currency in the crypt economics of sirius and taking a world by storm and well sometimes maybe some entities. need a celebrity to get their technology out this people can actually go down and read the white paper and see what the technology does and but i think better strategic alliances with the corporate partners of people that have more ability is such as. mr sean combs who's a part of our efforts he. you know he's a businessman just yesterday who was rated top one hundred smartest business people in the world by forbes so there's little difference in what someone would determine as just only a celebrity endorsement if you have a strategic partnership with someone who. you know understands business and the business world that's even better i think captain kirk says to get involved in something i am certainly going to pay attention and i'm glad he is quote unquote beamed into this space at an expanded to c.e.o. of sap dot org thank you so much for your time nick hope you come back here we were boldly going where no man has

sirius. as we say in the uk, the proof is in the pudding. that skidded! —— that's good! people will steal your recipe. there is no doubt that this tour has shown me a completely new experience. i would tour has shown me a completely new experience. iwould never tour has shown me a completely new experience. i would never have tried these dishes if i had been eating in my hotel. this chip has definitely given me a genuine taste of cairo. —— trip. that is it from this week's show. coming up next week... i will be here to guide you through some of our best bits from the last few months on the road. 0h, hi! we have had some pretty special times. from an encounter with some of the scariest beast in mauritius...|j can't scariest beast in mauritius...” can't believe it! to michael's breakneck trip around manila in one of its iconic vehicles. the traffic here is crazy. do join us then. in the meantime, from me and everybody here in amsterdam, it is goodbye. hello there. friday was another day when we had plenty of thunderstorms around but this time they were mainly focused acros

on sirius xm. this is bloomberg. ♪ >> this is bloomberg daybreak. i am emma chandra.man sachs former executive board member at the ecb. now to your bloomberg business flash. private equity firm cerberus capital is close to a deal to buy a air cargo service. the company to the diet of $1.4 billion. worldwide flight services is owned by platinum equity. mining south32 has agreed to buy arizona mining. the deal will get south32 a silver project in the u.s.. the deal represents a 50% premium to arizona mining's close on friday. there is talk of a compromise in the battle over raising opec oil production. bloomberg has relearned the cartel is discussing an increase of up to 600,000 barrels a day. -- opec meetst it this week in vienna. that is your business flash. >> staying on oil. what will happen to oil equities on an opec move? i want to show you the bloomberg terminal. the white line is oil equities. the yellow line is the oil price. the orange line is what wti prices will be in december of 2014. a much better barometer of where oil equities are headed. ,utting us is r

"bloomberg surveillance" can be heard all across united states on sirius xm radio.omberg. ♪ emma: this is "bloomberg daybreak." later today, sean spicer, the former white house press secretary. now to your bloomberg business flash. a big takeover in the building materials industry. buy ahas agreed to company in a deal valued $7 billion. usg is a maker of sheet rock and fiber rock. prosecutors in germany have added audi ceo as a suspect in the omissions scandal. -- in the emissions scandal. 20 people are being investigated for fraud and falsifying public documents over sales of cars. a cryptocurrencies hack in south korea has made the bitcoin slumped even worse. there's been a selloff since friday and bitcoins decline this year has now gone past 50%. a south korean exchange says that some of its currency appears to have been stolen by hackers. david: another warning on the rise of the machines, this comes from goldman sachs. analysts say high-frequency traders are a risk the markets. -- when shocks cause price to klein, traders reason to assume the shop is being driv

if you like us, listen on the radio app and on sirius xm. this is bloomberg. ♪ ft just got a vote of confidence from investors. money it has received will allow the company to better control the timing of its ipo. a slew ofeen facing legal issues around the world, including multiple criminal investigations here in the united states. but the company has pled a new modus operandi under a new leadership, including chief legal officer tony west. i spoke with him about how he is tackling these big challenges ahead, and asked him about the company finally getting its license to operate in london. tony: it is a win. win that requires us to demonstrate wend are fit and proper, in the words of the license. i believe we would not be here at this point, had we not in the preceding eight months, where the ceo really engaged in some extraordinary personal diplomacy. there were a lot of other significant changes we made to the way we operate. we would not have gotten to this point had tfl and other observers sensed a change in the way we approach that mar

if you like mourners, check us out on the radio and on sirius xm. this is bloomberg. .> women in gaming survey showed 42% in the gaming industry trying to make it more excliv it begins with the facebook page where women in gaming can come together as a community. thank you for joining us. >> what does this actually involved? >> we launched our initiative tos year and our goal is encourage women in the industry. the workforce,t we think we cachange that. women. to encourage more >> how do you get them there? it is about convincing companies to hire them and women to work. >> o of the wayss we are launching an initiative where we are interviewing women about what it is like today. >> are you running into any existence -- resistance? chapters focuses on women in gaming. are you feeling any resisnce from the industry? >> ihi what is interesting is stepping forward and wanted to share their story. it is a really exciting industry . a yog woman -- young women can learn a lot. impacto me about the you have been having. what video games would be as violent

"bloomberg surveillance" can be heard in new york, boston, the bay area, washington, and on sirius xmerg. ♪ ♪ >> this is "bloomberg daybreak." in emma chandra. coming up in the next hour, the energy word. ♪ >> now to your bloomberg business flash. investors and analysts are puzzled by nintendo's biggest two-day selloff in 18 months. the japanese company fell more than 6% after losing 4% on friday. volatility in nintendo shares jumped in april. investors are trying to gauge whether the company can maintain sales momentum of its popular switch games console. the media company that brings you shark week on's to become a global source. discovery has agreed to pay $2 billion among the national ranks for the pga tour. it includes online rights for the u.s. based men's golf circuit. movie could end up with a dubious distinction -- the first movie in the star wars franchise to lose money. north american box office receipts fell 65% in its second weekend of release. one analyst estimated it could lose $50 million. >> thanks, i didn't even see that one. now we turn to wall street. rogue,fiat ch

and sirius xm radio. live from new york, this is bloomberg. ♪ emma: mrs. bloomberg daybreak.up in the next hour, charif souki, the tellurian chairman. this is bloomberg. alix: we returned to wall street be. three things wall street is buzzing about this morning. chinese richest by xiaomi. millionaires are buying up stakes in the smartphone maker ipo. then claims of indian real estate fraud. two high-profile hedge funds are investora real estate of prodding investors of $1.5 billion. andreessenitalist horowitz has hired its first female venture capital partner. david: it is about time. us now is jason kelly, our executive editor for global television. .he xiaomi ipo was a big deal over $6 million. but it is not just these three billionaires, but who they are. arguably the three most important people by many accounts in the broader chinese business world. kind of like a warren buffett of hong kong. jason: a hero inside the hong kong community. warren buffett is a good example because he is someone that has that oracle way about him. ma's who have the put china on the map econom

. >> caller: first time caller what is your opinion with sirius stock?have been behind it for a double and people keep downgrading it and they are wrong. i am right it is a buy. and john in kansas john >> caller: yes, jim. >> this is a long "lightning round," one of those marathon jobs what's up? >> caller: my stock is msci. >> that is henry fernandez, the ceo. he is doing an incredible job. that stock is still a buy and i have been recommending it for a double good work. and that, ladies and gentleman, concludes the "lightning round"" >> announcer: lightning round is sponsored by td ameritrade td ameritrade lets you trade select securities 24 hours a day, five days a week. that's amazing. it's a pretty big deal. so i can trade all night long? ♪ ♪ all night long... is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ when it comes to travel, i sweat the details. late checkout... ...down-alternative pillows... ...and of course, price. tripadvisor helps you book a... ..

catch garrett sports reports fox has had one sirius xm channel 115. >> oil prices surging yesterday onlobal supply concerns. an update for monday companies turn ahead on "fbn:am." new smart hawaii is the first state in the u.s. to have 100% renewable energy goal. we're a very small electric utility. but, if we don't make this move we're going to have changes in our environment, and have a negative impact to hawaii's economy. ♪ verizon provided us a solution using smart sensors on their network that lets us collect near real time data on our power grid. (colton) this technology is helping us integrate rooftop solar, which is a very important element of getting us to our renewable energy goals. ♪ (shelee) if we can create our own energy, we can take care of this beautiful place that i grew up in. ♪ ♪look into my eyes ♪you will see ♪what you mean to me ♪don't tell me it's not worth trying for♪ ♪you know it's true ♪everything i do ♪i do it for you printer we've got oil prices up your cross and $73 a barrel for the first time in 3.5 years. managing director p.j. on europe joins us now. good

carol: you can listen to us on sirius radio. jason: you c also listen to us in london. in asia on the radio one plus app. we turn to the politics section. a cornerstone of president trump's immigration policy is the idea that so many arecumented people criminals. >> we are not sure if the data is out there to support that. >> it is getting hard to figure says.at that data >> there are hammering on this point that sanctuary cities like notices don't are these called detainers to hold onto people they have in custody already so that ice can come pick them up. they are saying that they ignored 440 and then they just go and released his people. some of them are criminals who get picked up right away again. they are endangering the own communities unnecessarily by having this political stance not to cooperate with ice. let's go back one step to immigration being at theo politically and rhetorically of the trumpet ministration. this is one of the key issues. how is it actually playing out statistically? know as much as we used to. these executive orders came five days into th

and check us out on the radio, listen on the radio app, or on sirius xm.his is bloomberg. ♪ ♪ emily: the battle over the u.s. border with next go is not just a political fight -- with mexico is not just a political fight. silicon valley is looking to address comprehensive of immigration reform with big money government contracts. microsoft's cloud contract with ice recently went missing as the battle over family separated at -- families separated at the border with all over the news. after bloomberg asked about the omission, it is back online. here to tell us more is our reporter was written extensively on the tech sector. karen, tell us exactly what happened with microsoft. they are talking about how they are against separation of families at the border, but their work with ice has gotten a lot of pushback? karen: microsoft touted this contract with ice back in january and how it had this great potential future. all of a sudden, it disappeared. after a lot of media scrutiny, it was quickly put back online and they have had a ball of pushback from their ow

on sirius xm radio.his is bloomberg. ♪ emma: this is "bloomberg daybreak: americas." coming up later on bloomberg markets, an extensive interview with carson block. now to your bloomberg business flash. siemens is considering a possible sale and options for it struggling gas turbine operation. the company is looking at all companies -- possibilities including a combination with a rival. seriously they said the turbine part is not a part of their industrial core. iss parent parents of zara benefiting from advances in technology. of company's improvements and in stores is helping to contend with amazon's move into fashion. chinese telecom maker zte took a dive today. the stock fell 41% in hong kong after the company agreed to u.s. demands to pay a billion-dollar fine and revamp its management. the settlement allows zte to resume business after a two-month hiatus. david: thank you. parties spend millions in laers so that he could write a 172-page decision. told itnd, at&t was could buy time warner. as the j

it can be heard all across the net states on sirius xm radio -- the united states on sirius xm radio.is bloomberg. ♪ the viceing up, salina --f the paulson is the tip. shares of harley davidson falling premarket after the company says tariffs on motorcycles have risen to 31% from 6%. they extended tariffs, which came in response to u.s. tariffs on steel and aluminum, took effect on june 22. harley davidson will shift production overseas. and revealing huge losses in addition to strong growth when it found for a hong kong ipo. the company looking to raise $6 billion in funds to better compete in finance and travel. filing, some say, is a rise of technology strength in hong kong, in contention with the u.s. south africa planning a switch to digital tv by the end of 2019. the committee cases minister says the 20 year broadcasting policy will be formatted -- submitted to the parliament. they are looking for ways to include small operations in the market. south africa will also introduce digital radio this year. david: thank you. after a roller coaster ride, the pound trading at roughly th

sirius xm channel 115. gerri oil prices under pressure ahead of this week's opec meeting.n. we will be right back. ♪ fidelity. open an account today. my twin brother jacob has an autism spectrum disorder i remember one moment after being at school all day and i remember him getting into the car just balling... and saying: "mom, i have no friends" "why don't i have any friends?" it broke my heart. ♪brother let me be your shelter♪ ♪never leave you all alone that was the moment when i realized that i needed to do something about this. i needed to make a difference in his life. go! and i knew that if i could help him find a friend, i could help teach other people that including people with differences is the right thing to do. ♪bring it home ♪brother let me be your shelter♪ that was the inspiration behind my non-profit "score a friend" educating people to include the people with differences is so important because when jacob's included he feels like he can succeed in life and he feels like he actually has a purpose. ♪..home >> german carmaker audi, riverside has been arrested

fox news headline 24/7 sirius xm channel 115. harley-davidson over his decision to move some of the production to overseas in response to terrorists. live reportrom london "fbn:am" continues. ♪ ♪look into my eyes ♪you will see ♪what you mean to me ♪don't tell me it's not worth trying for♪ ♪you know it's true ♪everything i do ♪i do it for you ♪yeah, i would fight for you♪ ♪i'd lie for you ♪walk the wire for you ♪yeah, i'd die for you ♪you know it's true ♪everything i do ♪i do it for you >> president trump threatening to tax harley-davidson if they move production overseas due to retaliatory tariffs from the e.u. of course they are already overseas. michael hughes at cmc markets joins us now. good morning, michael. your reaction to this and the president's attack on the company? >> i'm a little bit amused at this because ultimately send is entitled to take his business wherever it deems fit. harley davidson is a fairly small american mid-cap company with $6 billion in market cap. the loss to profit is $100 million. that may not see

on sirius xm. this is g. ♪ emily: tesla shareholders sided with the company board at its annual meeting, redirect -- reelecting three directors. outlook, saying he expecttoistic meet the production goal for the crucial model 3 sedan by the end of this month. i think we can probably get wk with the current two general assembly lines, but with the thi one, i am highly confident we can exceed 5000 vehicles per week. emily: for more reaction to this eting, we are joined by an analyst. max, i want to start with you. atabouthat stood out this meeting, given all the drama leading up to it. the 5000 figure -- if the able to hit that, that will be huge. the stock opened the morning after the meeting really strongly, i think that is what investors are reacting to. for the last few months, it has been all about how many of these model 's can they get out the door. the demand is there. the question is, is tesla able to get this,-on, production -- this, quote-unquote, "production hell." emily: he says they cane

catch sports reports on fox news headline 21st at an sirius xm 115. >> thank you.tes? tell us what traders in london are staying straightahead on "fbn:am." how do you win at business? stay at la quinta. where we're changing with stylish make-overs. then at your next meeting, set your seat height to its maximum level. bravo, tall meeting man. start winning today. book now at lq.com .. gerri: the bank of england on interest rates today. scott, managing director of europe. good to see you. how are you? what are you looking for from the bank of england? >> the minutes of the meetings. general consensus is they won't. trying to make it look like it's okay i'm better. construction slowing down in a lot of things they don't talk about your the retail sector was some vague general stores and people. they might have missed their chance although investors think there's a 45% chance to do it by august and 80% chance by the end of the year. things feel like they're coming off the boil. trendy european tariffs on goods like harley davidson motorcycle, peanut butter set to take

if you like louvered news, check us out on radio, listen on the bloomberg radio app and on sirius xm. this is bloomberg. ♪ spacex has successfully launched its 15th resupply mission for nasa to the international space station. packed with supplies and hardware. space-x has confirmed in a tweet the dragon spacecraft is in good orbit. reported to be traveling on board a passenger we discussed yesterday. an a.i. robot developed by ibm called simon. the floating basketball in space will be with 15 astronauts aboard the international space station. while a.i. may be floating in space on orders -- on earth there have been more concerning uses of the technology. yes, it can be used for fun for is,ding out tweets and emoj but when it comes to using facial recognition, there is a problem. available software for microsoft misidentifying darker skinned females at a higher rate than any other group. according to an m.i.t. study, that group is misidentified 35% of the time. darker skinned men, 12% of the time. a huge problem. to discuss, we are by the ceo of the facial recognition company chyros.