onon: you can listened us the radio and sirius xm channel 119, also a.m. 11 30 in new york.n the bay area in london on bab and on the louvered business app. moving over to the pursuit section, a pebble beach -- the prestigious car show. a porsche is expected to sell for $20 million. the most controversial sale of the year. jason: some say this car is not a porsche. we caught up with the reporter. fromis is a type 64, car 1939. -- is selling at a pebble beach auction and some are calling it the porsche type 64 because it was made by porsche. wasver, the porsche company not started until 10 years after this car was made. this car was made with mostly bw carts or parts that mr. porsche built himself. it has been augmented from parts partsiat and other makers. is it a porsche ? -- is it a porsche? it depends on who you ask. jason: the heritage of this car to say the least is competent young the timing. 1939, we're talking about the not the party in germany. himself served time in jail for war crimes. he was more than associated with the nazis. mentioned --as you is coupled toget

you can also listen to us on the 30,o, on sirius xm, am 11 99.1 fm in washington, d.c., am 960 in the and london on dab digital, as well as the bloomberg business app. now to a bloomberg businessweek exclusive. -- has worked at private equity firms for three decades. 1998,ame the ceo back in but we are seeing about $18 billion in assets. in today's period of chaos, hong kong, brexit, volatility in the u.s., i asked him what role pe plays right now. >> i think private equity can be a bit of a buffer during these periods. to be fair, private equity firms, virtually all of them, are not foolhardy and don't say we will just buy on a downturn -- one of the challenges that private equity has to play that buffer is that it is harder now to deploy capital that it has been in a wild -- and i say that because notwithstanding the chaos, valuation and private equity transactions have remained stubbornly high. they have been growing over the last four or five years. you can traverse the laws of supply and demand, and with all ,he money that has been raised this a powder that's available, the anima

listen to us on the radio on sirius xm channel 119, also a.m. 11 three in new york. 99.1 in washington and london on dav digital and through the bloomberg business app. not to a business week exclusive. became the company ceo in 1998. we are seeing $18 billion in assets. kong,ay's chaos, hong brexit, volatility in the u.s. i asked him what role pe plays now? don: private equity can be a buffer during these periods. firms, virtually all of them are not full hearty and they do not say we are just going to buy on a downturn. one of the challenges the private equity has now to play that buffer role is it is harder now to deploy capital and has been any while. notwithstanding the chaos, -- have remained stubbornly high and they have been growing over the last five years. you cannot reverse the laws of supply and demand. will the -- with all the money raised, with all the praises -- this sort of dry power available valuations have moved up and it is harder to put money to work. the only way you justify it is if you see this, not unbroken but long-term trend up. given the chaos in a number of

on sirius xm china 119 and -- sirius xm channel 119 and on the bloomberg business app. ♪ alix: u.s.ains are slowing, while the supply of extensive properties is stacking up. the government taking big steps to try to fix the home affordability problem. one thing they are targeting is opportunity zones. aboutg us to talk more that is ben carson, secretary of housing and urban development. thank you for being here. opportunity zones are basically trying to incentivize investors to develop property for the longer-term, and they get tax breaks to do that. what has been the uptick so far in the investment community? sec. carson: it's been very good. i've had an opportunity to visit multiple places, like on a foundry in st. louis which was serving as the opportunity zone there, and they were bringing in a supermarket and workforce housing. down in florida, excellent things going on. multiple places around the country. me isas really inspired every time i go and visit one of these, there are both republicans and democrats there, actually working together. alix: do you have a read on how muc

listen to us on the radio on sirius xm channel 119, also a.m. 113.0 in new york. 99.1 in washington,london on dav digital and through the bloomberg business app. now to a businessweek exclusive. he has worked at a private equity firm for three decades. he became ceo in 1998. we are seeing $18 billion in assets. he has seen some things in some times. in today's chaos, hong kong, brexit, volatility in the u.s. i asked him what role pe plays now? don: private equity can be a buffer during these periods. to be fair, private equity firms , virtually all of them, are not hearty and they do not say we are going to buy on a downturn. one of the challenges of private equity to play that buffer role is it is harder now to deploy capital than it has been in a while. i say that because, notwithstanding the chaos, valuations and private equity remainedons have stubbornly high. they have been growing over the last four or five years. you cannot reverse the laws of supply and demand. with all of the money that has know, this, as you dry powder that is available, to respond to a lot of those pressur

you can also listen to us --you can listen to us on radio on sirius xm channel 119, and on am 1130 in york, 106.1 in boston, 99.1 fm in washington, d.c. and am 960 in the bay area. carol: in london on dab digital and the bloomberg business app. on the anniversary of the periodic table, bloomberg businessweek suggests why it might be the most important chart in history. jason: it covers all of the elements including germanium and why one man's passion for it helped build the digital world. here is editor dan ferrara. >> he was obsessed with germanium and while other people were working on silicon, he said germanium is the stuff. his particular passion was creating a form of germanium that was of such incredible purity and quality. carol: he was working at bell really had to he push his case, make his case. they were pushing it to the side and finally, go work on it but he had to work in the lab. kind of cloak and dagger, had to do it in off-hours in the middle of the night, clean up the lab before he left. daniel: like i said, he was obsessed with the use of germanium. who were slightl

you can also listen to us on the radio on sirius xm channel 119 and a.m. 11 30 in new york, 106.1 inm 960 in the bay area, in london on dab digital and of course on the bloomberg business app. when the fed cuts interest rates, it is supposed to deliver a direct boost to the economy. one key part of the machinery has broken down. here is liz mccormick with the borrowing billions -- with borrowing billions. >> if you took out your economics textbook, which we all used to look at, it would be lower rates help companies borrow, just like it helps you and i borrow, because it is cheaper, and they should invest more. we should see that come through in the numbers and investment and economic growth. the recovery has not been great. investment has been going down. it is a little mindbending what is happening. we looked into it, ben holland and i, and there is a lot of theory that says there were some changes and companies were just plowing this money back into their shares by buybacks and dividends to help the shareholders feel better. carol: we know this. i feel like coming off of the crisi

he is a comedian and host on sirius xm. >>> i want to bring in a former u.s. attorney for eastern district of michigan, professor at university of michigan law school. in her career, not something you know about, you see her on tv a lot, she has prosecuted domestic terror cases. barbara, talk to me about this. i think the country is learning together about the inability that we have not just to pursue things, not just to name them, sometimes to actually prosecute them. >> it's a real challenge to prosecute cases of domestic terrorism because of lack of a statute. unlike international terrorism, there isn't a crime, it isn't an offense you can just charge. so what you have to do is look at the facts, try to cobble together some other charge. we had a case that fell apart in 2010 or so against a militia group because we weren't able to identify a particular statute we could charge, even though they were engaged in a plot to kill police officers. we came up, best thing to come up with was sadicious conspiracy, the case ended up dismissed by the judge. there's lac

you can also listen to us on the radio on sirius xm channel 119, also a.m. 1130 in new york, 106.1 in9.1 in washington, d.c., am 960 in the bay area, and london on dab digital and through the bloomberg business app. now to a businessweek exclusive. don gogel has worked at private equity firm cd&r for three decades. he became the company's ceo back in 1998, overseeing about $18 billion in assets. he has seen some things in his time. in today's period of chaos, hong kong, brexit, volatility here in the u.s., i asked him what role pe plays right now. don: i think private equity can be a bit of a buffer during these periods. to be fair, private equity firms, virtually all of them, are not foolhardy and they do not say, "well, we are going to buy on a downturn." one of the challenges that private equity has now to play that buffer role is it is harder now to deploy capital than it has been in a while. i say that because, notwithstanding the chaos, valuations and private equity transactions have remained stubbornly high. they have been growing over the last four or five years. you cannot re

you can also listen to us on the radio on sirius xm channel 119, and on am 1130 in new york, 106.1 in in washington, d.c. am 960 in the bay area, london on dab digital, and of course, through the bloomberg businessweek app. this week, a special solutions section. from beijing to singapore, governments are pouring billions of dollars into new airports. here is what is projected to be the hottest aviation market. >> the region is really becoming a very busy air travel region. i think over the course of the next 10-20 years, it is looking to surpass the u.s. and europe combined for just the volume of travelers passing through there . carol: that is an amazing statistic. >> and there are more amazing statistics in the story. you see big, ambitious projects where the idea of the airport is not just for air travelers, but a destination for locals, people in the area. it will be shopping, we have seen a lot of that happening in airports all over the world. but in asia, as they often do, they are on a whole other level. it is driven by the need and driven by the number of air travelers, but i

from sirius going to leap off peak selection of mystifying mrs. factoring into the 20 variables like distance angle to go and number of opposition mark is we can calculate the storing probability in a given situation. using this formula he has a look at the fighting chance he's most likely to hit the net. season which somehow didn't prepare defeat plagues. storing goals comes with the territory they can follow later cases leader of the line not 14 over the course of the campaign in this counterattack against stuttgart there was a 76 percent likelihood of him adding to his tally. thanks to the high tempo from one end of the pitch to the other the close range finish from a good goal and the absence of a keeper in the last. piece of the rugby pickup or to. the finish line. can become premiership that. said there are compound it's a gating factors here collins leaning back already and the ball bounces up before it reaches him making it very hard to steer under the bus. that is a possible opportunities or course soldiers still robin puts on him and tha

posted the 74 page document denouncing muslims and immigrants let's go live now to washington on sirius christian salumi can tell us more about all of this starting with the president's comments christiane how significant are these gun control measures that he's been talking about. well you know adrian the president did not go into detail as to what he meant by intelligent quote background checks but the fact that he is even discussing this issue is a departure for the president and for the republican party president trump was heavily backed by the national rifle association in the last election the n.r.a. is on the record against any form of gun control really but specifically against these background checks they say they would have made a difference in the past so shooting for example and while the majority of american voters republicans and democrats alike have expressed support for universal background checks in many past polls the republican party really has not been willing to take it up as an issue in fact earlier this year the democratic controlled house of representatives passe

on sirius xm. this is bloomberg. ♪ emily: last week, the u.s.eral trade commission formally announced the details of it $5 billion settlement with facebook for years of privacy violations by the network. as part of the settlement, facebook must submit to oversight from an independent committee as well as new privacy certifications and assessments. but while the fine was the largest ever imposed by the ftc, many lawmakers and privacy groups are arguing the company got off too easy. i talked to u.s. ftc commissioner rebecca kelly slaughter, voted against the settlement. rebecca: i voted against the settlement because when you look at the terms taken as a whole, not just the fine, but also the injunctive relief, i was not convinced it would do enough to change facebook's behavior and make sure that in the future, they kept their promises to the ftc and to their consumers. emily: what would have been better? fining zuckerberg directly? i know you have suggested that the ftc should have sued facebook, should have sued zuckerberg perhaps personally? r

we have next to me, as always on friday nights, friend, comedian, author, sirius xm personality, rarerbon collector and5 fox contributor tim young who's up lat with me on the final five. >> and now occasionally op-ed writer for the washington times. going to be ten minutes of inrose. >> on nights like this it's always good to just keep padding out the>> intro. specially when my crophone's not on. you wouldn't have known.d but i wasn't going to bring it up but tim spoiled the mic of television for you there. this was a big week. we saw all the major players in the 2020 race and the minors ones too going through iowa as they always do for the iowa state fair. i'm in the camp where i think ge need tive up on iowa and need to stop focusing onow i as the most important belt winner in the -- >> nothing says iowa is not your winner -- i for one believe in iowa. >> why is that? >> because i'm going to win the democratic primary at this rate. >> discerny's not a registered democrat. >> why not. >> we're down to 23. joe sestak's making the push. the whole thing bout state fairs. >> they're the

who aim to revive sirius cultural scene? now the last of the van -- active is modedest first of alle aim to makes both syrian and french audiences. and i think we have succeeded in this. also would like to make french people know more about the work of syrian artist. go to a the look of searing artists here include music and photography. food lovers can also taste syrian dishes prepared by the harm of the she feels pretty proud to feed french people. citing giving no i should be nice and i'm very happy to see this cultural exchangee. in cuisine music poetry and photography -- someone. as people enjoy the house dishes syrian musicians carry out some tests for a night of electro music. with an oriental twist. that's it for me thanks for watching . think about for a for them to perform for them. old old man. for you ma'am. thanks for joining us for this week's edition of phones in focus now with municipal elections looming in the spring of next year we thought we turn our attention. to france's meryl system there are thirty fiv

was not disclosed to the other leaders by president mackerel it i think it was an advance that mr sirius was coming but it was somewhat dependent on a result of the talks last night last night we didn't develop our up map of choreographed specific next steps but we went through different options juri his visit to bere it's the only pictures of the foreign ministers meetings were posted by zarif himself on his twitter account he met with macro and foreign minister joy evil adriel and representatives of the u.k. and germany the key question now is what president trump makes of all of this he pulled out of the 2015 iran nuclear deal and has imposed tough sanctions as part of a maximum pressure strategy to your forces here you were ministers you. know government president macro's invitation to zarif was certainly a bold move whether it ends up being seen as a stunt or a diplomatic coup depends on what happens next zarif and his delegation left the ritz after just a few hours what new proposals if any did they make and how will the g 7 leaders respond on the last day of their summit james pay

and brand new dates on the past about to sirius documentaries i would compare the onion album god of the future to hard long past rewind to games with fags sin city under siege for sick. people just. one. shots on al-jazeera. in an ordinary week talk to even a tar a die hard a sergeant that only functioning hospital in butch town in north eastern south sudan and his team operate on around 60 patients the united nations refugee agency nominated him for the prestigious nansen award she won in recognition of his work and the incredibly difficult to constance's. south sudan has been in conflict since 2013 the war has divided the country along ethnic lines 200000 people most of them refugees from sudan's blue nile state even this remote town and looked to be a band hospital for all their medical needs that would has destroyed almost the infrastructures which are especially in our. almost always including my little sister living in the presence of who you know vision of the mother to walk into the city that they're supposed to. in a country with high youth unemployment one organization hel

in new york and before jay clark managed programming on sirius satellite radio he program major stations in new york los angeles detroit cleveland and other major cities and during woodstock jay was a d.j. on the air in upstate new york as callers were ringing his phone off the hook the only misstep on an otherwise proud resume was when jay hired me in 1974 to be a disc jockey at w.p.r.o. in providence just so i would stop calling him jay you have been programming to baby boomers for decades who are we today and how if we change since woodstock. ok well obviously woodstock you know it was peace love rock n roll and i think that woodstock because you mentioned it earlier because of everything that was going on you know vietnam in particular. woodstock did it brought us all together as one unit and as as that happened i think the regular media finally said ok you know these guys are just hippies these guys have something and you know for the 1st time we were the mainstream and i think that that that's a good start and if you take a look at us or as human beings i think we experience everyt

, host of " #wokeaf" on sirius xm and political columnist,.ing of white privilege." why did you look into white privilege? why does it matter? >> yeah, so the germ of the story came from we last weekend wrote a piece about how the media struggles to write about race and we got a slew of emails and, you know, a lot of them were from lower-income white readers who identified as such and they said, i think the whole race thing in the media is overblown because i've had no advantages, i've had, you know, so many hardships in my life, i've bootstrapped my whole life, why are people suddenly saying white privilege is a thing? my life has been anything but privilege. for me personally as a person of color in my conversations with other people of color, it's very simple. it's not about white doesn't equal privilege, it's just that there's a system of societal and social advantages that are afforded to you because you're white. this is older than our nation's founding. so, you know, we thought let's write a piece that digs into this and tries to withou

on sirius xm. this is bloomberg. taylor: roku's price target raised to $150. they touted the company's position within the streaming video market. shares rose as much as 9%, extending an advance to a fourth straight day. we are joined by mark mahaney from san francisco. thank you for joining me. i think my first consensus, reading all the analyst notes, everyone seems pretty bullish on the stock. where do you stand? mark: this was a strong buy for us earlier this year. we downgraded it. given that the stock has moved up an additional 30% since the downgrade, it was premature or wrong. it is a major beneficiary of the upcoming streaming wars. it is a partner with disney for the upcoming disney plus service. fragmentation of viewing away from netflix, anything that does that is a win for roku. there is also a play to expand into other markets. the winds are definitely within this company's sails.. we are not buyers here because of valuation. taylor: you are always invited back. we won't call you wrong, we will just call you early. talk about the valuation. there

taylor: and if you are jumping into your car, tune into bloomberg radio on sirius xm channel 119 andbloomberg business app. this is bloomberg. ♪ david: as if we didn't have enough uncertainty in the world, it terms out -- it turns out there's a nuclear incident in the white sea, a nuclear cruise missile they were testing that went wrong. president trump says we are learning an awful lot about what they are doing. "we have things like that better more sophisticated than theirs are." this incident was "the worst since chernobyl." i got my lesson from the hbo show "chernobyl," which i found fascinating. it really talks about the radiation levels and how scary it is, and then you had the run on iodine and some of the hospitals, which prevent your lymph nodes from of zo being it -- from absorbing it. and then you have the political story as well with the president tweeting about it. david: and demonstrations in moscow because of moscow city elections. they had tens of thousands cleared, and there really having trouble there. there's uncertainty about mr. putin. his approval ratings have g

bloomberg news, check us out on the radio, the bloomberg app, bloomberg.com, and in the u.s., on siriusm. this is bloomberg. ♪ this is bloomberg. ♪ to a bloombergs good. facebook has been paying -- a bloomberg scoop. facebook has been paying outside contractors to transcribe audio from users. these employees were not told where the audio was recorded, how it was obtained, only to transcribe it. facebook is not the only company to come under fire. apple, amazon, and google have also been in the hot seat. first of all, say what? instance of --n it is really intense right now because lots of people have heard facebook come out and say that they don't listen to their users' conversations. however, there is a subset of facebook users who use the transcription service on their facebook messenger chance. memof i send you a voice company would have the option to transcribe that memo. facebook has done, in order to make sure that the ai is transcribing that correctly, they have also sent those clips to hundreds of outside contractors who are listening to these people's conversations and judging

virgin islands let's go live to washington and sirius john hendren can tell us more why on earth is the president of the u.s. talking about buying greenland from denmark john why now. adrian this idea has been widely panned here in the us as the musings of a not terribly serious president but there is a method to donald trump seeming madness there are vast reserves of natural resources in greenland as there are throughout the arctic there is oil natural gas there's a shipping lane that would carry ships from europe to asia where a lot of trade is done but more importantly than that it's also a strategic perch in the north atlantic from from a military perspective the u.s. does operate its northernmost military base through air force base in greenland since 1951 and that's important for a number of reasons for satellite and surveillance reasons but most importantly it is a strategic early alert missile site the u.s. can detect missiles coming over the pole from russia or china and apparently this whole idea came about and according to the wall street journal during a dinner with presiden

his agent told sirius xm radio that he will not miss any playing time.ult of this, has given him several endorsement offers for helmet makers. >>> andrew luck has announced his retirement, unexpectedly at the end of training camp before the opening of the regular season. fans of any applets did not take it well. >> reporter: any reaction to the fans? >> yeah, i would be lying if i did not here a reaction. it hurt. it hurt. >> so andrew luck seeing walking off of the field right there. obviously, it is his career. i think a lot of problem that the fans had is that it came so close to the opening of the season. seemingly, leaving the team in a large. overton has offered to buy tickets of fans that want to refund. fans are screaming that they want their money back. he played for the colts for a while. a remedy to that problem. >>> we are often moving in a u.s. open. big names on the court. maria has been dealing with injury problems, with a shoulder problem. taking on serena williams. there is mike tyson, did you notice that? he has a beard. alec baldwin wa

her very popular show can be heard every day on sirius radio. atyou can get her podcast dr.aura.com. she has a huge social media following. she's on instagram and facebook. it is truly an honor to have her with us today for brand-new or not true. deals withaura personal family relationship issues, we have three tech products of her hourly -- ally but one is real. it the other two i just made them up. thank you for joining us today for brand new are not true. it is such a pleasure and honor to have you. you are so sweet. worriedleep last night that i was going to get this wrong. before we do this, you speak with so many people every day. you have helped so many millions over the years. when it comes to technology relationships, what is the biggest thing that tech has done in your opinion to improve our lives? nothing to do with relationships. i think it has been tremendously destructive to relationships because people get focused in their own little world of social media. kids don't even know how to relate. you watch families at dinner and they're all looking at their own pho

people turned out making it one of the largest gatherings since june let's go live now to hong kong of sirius andrew thomas can tell us more so the organizers andrew consider this to have been a success. they certainly do adrian i spoke to one of the organizers late on sunday night and he said it was a successful one so. i can be summed up what words turn out the nervousness that mainstream or you have taken part in the regular but small of the last few weeks which increasingly turn bottom up one of these maps. called civil. right friends now. those 2 huge rallies back in june got a 1000000 for one nearly 2000000 for another they had one on the 1st of july that about hot 1000000 people that haven't had a rally since this was the 1st big test since they of whether they still had support among ordinary phone calls on this number that they organize the quitely 1700000 in fact they drink more than that because that 1700000 only relates to victoria hall where they march began and the roads around that they were absolutely clocked they say they were able to count the poll. of people walking to anot

on sirius xm channel 119, and the bloomberg business app.berg. ♪ ♪ tax.: france's new tech they're parliament, back in july, said let's impose a 3% tax on digital services for french citizens for really big tech companies, of which there are several, almost all of whom are u.s. within five days, the u.s. said let's retaliate to that if you do it. macron said i'm going to sign it anyway, so it went into effect. today we have u.s. tech testifying on that, and they could have sanctions against france within the next several days. alix: and isn't wine involved? tech versus tannins? david: president trump in the past has said he's interested maybe in taxing french wines, and said france just put a digital text on our great technology companies. if anyone taxes them, it should be their home country. he reports from his notorious fundraiser in the hamptons, he said if they go for this, but 100% tariff on all french wine. alix: i have stats for you. bottle of wine, 0.059 peroking at $ bottle. where it could hurt is the margin or barrel, the cheaper

on sirius xm channel 119 and on the bloomberg business app.. ♪ david: this is what i'm watching, cbs and viacom finally doing this deal after all. people might not remember, cbs and viacom started off together, and then they were separate companies. then sherry redstone said let's put them back together again. now sherry redstone has gotten her wish. taylor: we were speaking with our deals reporters, highlighting that they could save via synergy $500 million or so, but like you and i were talking about, saving isn't what you need to be doing. you need to be willing to spend billions of dollars to keep up with all the big streaming guys like netflix and disney. i don't know if they have the willingness to spend that type of money. david: and that is the key question. if you look at the basic deal points, the number one major asset, that is the question. it is a $30 billion market cap, but at&t and disney are up in the $250 billion range. are they going to be big enough to compete in the streaming world? we will find out. taylor: you need scale,

on sirius xm and on the bloomberg business that. this is -- on the bloomberg business app.ix: where watching a bunch of stuff. i am watching what is happening with chevron and exxon. both of these players talked about output in the permian increasing versus shell companies over the last 24 hours that have been decimated because they cannot make the production targets because they are spending too much. megan: this output increasing is important. it looks like we are heading into an oversupply of oil and that should put downward pressure on oil prices, which has interesting implications for the economy. the tale end for consumers is strong. it is a head wind in terms of business investment. we have seen investment has fallen if you strip out anybody who is not in the oil patch. alix: that is interesting, and a lot of those players have to wind up going bankrupt. that is what i'm watching. what are you watching? megan: it is national ice cream sandwich day today. sorry. [laughter] megan: that is the most important thing today. beyond today, i would say there is chinese data c

us onyou can hear bloomberg radio, sirius xm channel 119 and on the bloomberg business at. -- businessloomberg. ♪ david: democratic presidential debates resume next month in houston, with a narrowing field and tougher rules to qualify. one of those fighting to stay in the race is former maryland congressman john delaney. we welcome him back to bloomberg. the reports, if you read axial's, says he will have a tough time -- if you read axios, says you will have a tough time qualifying. mr. delaney: in many ways, i think the campaign is just starting. really, because most voters are just starting to dial into this whole thing. now is when i thing most voters are really starting to pay attention. david: you've got some ground to make up on name recognition and the polls. how are you going to do that? what do the voters need from you they are not getting from somebody else? mr. delaney: what they get from me as someone who has a real vision for the future and has a way of making it all happen. i think voters should ask every president candidate, what is your plan to build a better future? ho

alix: if you are heading out, you can tune into bloomberg radio on serious xm -- on sirius xm channel on the bloomberg business at. this is bloomberg. ♪ david: now it's what i'm watching, and what i'm watching today is the elections in germany happening over the weekend. there are elections in brandenburg and saxony. somessue here is the afd of the very conservative party, is really rising in both of those regions. it may actually take a majority. spd.uld be against the angela merkel's party is in white. you can see what is going on with the afd, and turquoise. in brandenburg, it is the spd. it could potentially pose a threat to her coalition. alix: my question is, from what i'm reading, the afd has no hope of gaining any kind of majority, so you are still going to have the coalition come about that winds up helping the afd because it perpetuates the story of, see? we are marginalized. we can't get into power. david: and it is easier to criticize than the government, but it may continue to weaken angela merkel's position as the dominant leader in germany for so many years. in the east

on sirius xm channel 119 and only bloomberg business app.- and on the bloomberg business app. this is bloomberg. ♪ david: this is what i'm watching. numbers of equinox and soul cycle are threatening to boycott the gyms after news that the chairman stephen ross will be holding a trump fundraiser at his house in the hamptons. i think the smallest ticket is $100,000. a very well-known, well-respected real estate developer. did the hudson yards project that we covered extensively. stephen ross owns a good chunk of equinox and soul cycle, and he is chairman. at the same time, the head of soul cycle came out with a letter. part of what she said is, "soul cycle has nothing to do with the event and does not support it. she is distancing herself as much as possible, saying he is a passive investor and we have a different point of view. alix: is this unusual? david: i have to think about it, but i think so. everything has gotten so political at this point. we associate anything anyone does some sort of politics. alix: he didn't back down. david: he sa

if you are heading out and jumping at your car, tune into bloomberg radio on sirius xm.re's what we are watching today. you have the two year option 40 billion today. what the takedown is going to be with yields around these low points -- marc chandler with me. i am going to pair this with a story reading high on the pension funds and how that is paying trade for retirees. walk me through how you connect the dots. anybody in their right mind by a negative yield bond? there is a lot of reasons why people are buying negative yielding bond and why it is going more negative. first we have people follow indexes. germanindex, if you have boones in your index, you have to buy more german boones. you have the capital gains. traders,tutional similar with dollars. euro byd out the selling the euro and buying dollars. because of the interest rate differential, you can get a better return on a euro hedged german two year that has a negative yield then you can buy buying a u.s. two-year at today's auction. alix: is it the same for japan? marc: same for japan. what governs the cost of

if you are heading out and jumping in your car, tune into bloomberg radio, heard on sirius xm channel on the bloomberg business app. live from new york, this is bloomberg. ♪ david: here's what i'm watching, chinese trade and what is going on with various comments back and forth. we heard this morning we are going to have retaliation. now the foreign ministry is saying we want to resolve this through negotiation. so the futures, u.s. equity futures, went down on the first report, and are coming back up on the second. taylor: it has been sort of a mixed, bumpy ride, as we take a look at futures. i would just note that they are coming out, and you sort of wonder where this is coming from. they are saying their position is consistent, perhaps hoping to make a deal, but we don't have any details other than that. we have the s&p rebounding here, up about one half of 1% after we were lower as much as 2%. this is all about the tech sector, such a key gauge for us. you are seeing it underperform a little bit, but still sort of a healthy rebound. it is the european anti-china global growth stor

alix: if you are heading to the car, you can listen to bloomberg radio on sirius xm channel 119 or onomberg business app. this is bloomberg. ♪ pres. trump: we must stop the glorification of violence in our society. this includes the gruesome and grisly video games that are now commonplace. it is too easy today for troubled youth to surround themselves with a culture that celebrates violence. david: that's what i was watching yesterday and watching today, president trump addressing the tragic shootings in el paso and dayton, saying part of the problem is video games. whichesult, take-two, makes "grand theft auto," plummeted on the news. but they bounced right back up after they announced earnings after the bell. but there was some hit for videogame makers. alix: i have to wonder, part of it is you could have a conversation about the second amendment and gun distribution, and sales and makers, versus videogames. i don't know how you could ever make a case that the government could fix it in any way possible. david: that is a fascinating point. maybe the government doesn't need to fix it

and sirius-x.m. this is bloomberg.ng note from triteon research, the c.e.o. talks about wework. he talks about the company's i.p.o. perspective. here's what he says. he says prospectus is a masterpiece in obfuscation. why would a company go to so much trouble to prevent you from understanding them? he's not alone. but what's striking for him they had a good track record of dealing with and rating companies as they go towards i.p.o.'s. david: it is a pretty sfroord prospectus. it says we are going to run this for ourselves. with ourselves and our friends and family. and you don't need to know anything. alix: when companies fight you in understanding the basic composition, it's always bad. people who have math trap, you put cheese in, it catches mice, it's great. david: same point. at this point in this market, when you want yields, you might put up with a lot. alix: a great point. it is not a real estate play. that does it for bloomberg daybreak, coming up, global credit c.i.o. this is bloomberg. ♪ from the couldn't be

bloomberg news, check us out on the radio, the bloomberg app, bloomberg.com, and in the u.s., on siriusm. this is bloomberg. ♪ ♪ taylor: we always talk about how trade is affecting the equity price. if it is true that smart money is in bonds, i wanted to talk about how it is affecting debt from these big companies and more importantly, the amount of debt they are issuing. bloomberg'sing in corporate bonds reporter and a technology analyst. generally speaking, we know that equities are so volatile given any tweet, any headline. our the bond prices of these companies doing? when weore resilient look at the fixed income side of things. everyone is looking at number of iphones sold. let's say the numbers are calling for 90 million sold, apple sells 70 million, stocks selloff. bond prices will not move on something like that. apple still has cash, they will still pay you back. taylor: jordan, would you say that these bond investors are little bit more less nervous about trade? is it easier for you to focus as a data analyst on some of the fundamental cash reserve levels and ignore the headli

bloomberg news, check us out on the radio, the bloomberg app, bloomberg.com, and in the u.s., on siriusm. this is bloomberg. ♪ taylor: we are getting some late news on tuesday. telecom has filed for -- pelaton has filed for its ipo. it filed with various banks including goldman sachs and jp morgan. of $915d a 2019 revenue million, looking at a net loss of around $196 million. net loss is an increase from in 2018.48 million companies are "hereby ordered" to start getting out of china. that is what president trump tweeted. regardless of whether the president can actually force companies out of china, is trade war has highlighted just how important that country is too many tech companies like apple. be an and to the turmoil the matter how many times ceo tim cook phones the president. the iconicne of inventors from silicon valley, who cofounded apple. steve wozniak. that introduction barely does you justice but for the sake of time, we will leave it there. when you think about where we are in terms of trade, tariffs, tweets, given your multi decades of experience, how do tensions feel now c

xm.k us out on sirius this is bloomberg. ♪ emily: scrutinizing ghouls digital ad and search operationss authorities gear up a brought antitrust review of the market power of giant internet companies. joining us to discuss is kirk wagoner. let's start with the doj story that just crossed. assume google was at the top of the list. >> what we reported today is looking beyond the usual suspects of characters and rivals in yelp, oracle, they have been complaining about google for years. the department of justice is talking to other publishers and tech industries that have complained more quietly about google's display advertising business. that googlee claims has been behaving unacceptably. looking into the broader ad industry, facebook is number two to google. the adlet's talk about averages that sound pretty awful. it doesn't sound like they're good for facebook's bottom line. >> the whole point i was told to set the reason you do these campaigns is because you want to do them accurately. if a certain image or video you're pushing is not actually resonating, you want to be up to take that

listen on the app, bloomberg.com , and on sirius xm. this is bloomberg. ♪ this is bloomberg. ♪ emily: all right, we have often covered how big u.s. tech companies are lobbying spending on d.c. attic is going up. now even the embattled chinese uawei isgiant h working as it fights for the right to do business in china. -- as another company is fighting for the right to do business in china. we have been brodie and our global executive editor for technology, tom giles. ben, what exactly is huawei doing here, and why do they want them on board? ben: they have hired that group, and they have hired another group, federal advocates, that have ties to washington in the public and leadership, and they want to lobby on expert controls that are stopping them from buying into the u.s. markets right now. are close -- are a little bit vague about it, but law firm working with him and some other cases, and we also have telecommunications issues they are working with with the other lobbyist, so it seems like they are trying to break the back. down thei

on sirius xm.his is bloomberg. ♪ is getting ready to unveil new hardware in the three weeks, including iphones, ipad, and largest laptop in years. the main feature of the iphone will be a camera that can capture ultra wide photos and videos. are julie and bob , reporting on new details for the upcoming funds, new camera, wide-angle photography, the ability to edit video. what are you most excited about? >> the wide angle camera is nice. we have seen this on other phones. samsung and others have had this for a while. it makes a big difference. that is one challenge with the smartphone camera, so people will like it, but it is not enough. even the other things they are doing to get people excited. the thing i am most interested in is this notion of shatterproof. people have been working on improving the rigidity of the display. how many people you see with broken phone screens, so having that, if it does what it implies, could be a big deal for a certain group of people, but again, at the end of the

on sirius xm.his is bloomberg. ♪ bloomberg. ♪ ♪ ago, travisears kalanick was supposed to resign due to scandals. a former executive, dara khosrowshahi, was brought in to clean up the company's reservation. since then he has pushed the company beyond ridesharing. it hasn't been an entirely smooth ride. an ipo sparked excitement, but investors were not. i sat down with the uber ceo with an exclusive and and-ranging conversation, begin by asking the question if he made the right choice and taking the job. >> we have resolved the governance conflicts. there were many legal issues the company was involved with as well. we had softbank as a partner. you want them as a partner in investor. we have a great investor base. companytaken the public. revenue has grown 75% since i joined. we have a path to profitability. while we have had bumps on the road, i'd like the position we are in now for the next years. emily: there have been bumps on the road. , ridesharing companies have been transformational. the asn

taylor: you can also listen to us on the radio on sirius xm channel 119, and on a.m. 1130 in new yorkin boston, 99.1 f.m. in washington, d.c. jason: a.m. 960 in the bay area, in london on dab digital, and through the bloomberg business app. work burnout is a struggle for many of us. that, and finding some semblance of work-life balance. , the down with liz tran founder of reset. i talked about her new venture and how is taking a holistic approach to bridging personal and professional wellness. check it out. areeset is a place where we uniting all forms of professional and personal growth. we might haveay, a team of executives from a startup coming in to learn about team dynamics and close with a sound back. in the evening, have breath work or astrology sessions. it is a spectrum from career coaching to professional development through the holistic areas of meditation etc.. jason: this was not necessarily the path you set out for yourself, but here you are. you had some incredibly high-profile jobs especially as it relates to startups and venture capital. take us through your journey.

are not to us on the bloomberg app, bloomberg.com and sirius-xm. this is bloomberg. ♪ emily: facebook is making changes to political advertising ahead of the 2020 u.s. presidential elections. the social network is tightening how it verifies who is behind political adams as it tries to clamp down on online misinformation. saying in a blog, quote, people should know who is trying to influence their vote and advertisers shouldn't be able to cover up who is taking for adams. while it won't be perfect, it will headache it harder for advertisers to obscure who 1 behind the ad and make for greater transparency for people. we have our reporter who covers facebook, and david kirkpatrick. facebook has been making small changes to political adams after what happened in the 2016 presidential elections how many times is this different? >> this is more of the same. last year they came out with two things. we needs to verify who you are as an advertiser, that you are a legitimate lillard advertiser who is registered and not just a russian troll, which is what hap