sirius e. underwood. ran the name, investigators found a son of a local preacher, who'd had some juvenile offenses but, in the years, since had redeemed himself. he graduated from zane state, got a good job with a local manufacturer and seemed to charm every woman he met. four days into their investigation, detective brady hittle found sirius at a girlfriend's place. >> i asked him if i could look at his cell phone, if i could take it back to the office and download it. he agreed to let me do that. >> how'd he present himself? >> calm. >> he claimed he didn't know brandy was killed. just calm, cool, and collected. >> reporter: sirius came to the sheriff's office. >> we'll put it in airplane mode. >> reporter: while the squad's phone expert examined his cell, sirius explained how he knew brandy's husband josh. >> we went to zane state together. >> okay. >> i worked out with him and stuff like that. >> reporter: he said he hardly knew brandy. >> i didn't, like, meet her meet her, i seen her one time. >> rep

i'm here in the heart of hollywood, the brand new sirius xm studios. this is so amazing. and i'm going to get a first look with a very special guest. is that carrie underwood? it's a big week for your fellow "idol" alum kelly clarkson. she has a new show. she's getting randy, paula, and simon all back together. if she asked you to do an "ido"" reunion, would you? >> an "idol" reunion? that's pretty incredible. yeah, as long as they -- if they don't judge me, i'm down. ♪ >> no judgement here, just a lot of respect for this working mom of two who's headlining a soldout show at staples center tonight. >> i remember being excited, and then i'd get this rush of, i'm going to do this with a baby. okay. >> the 36-year-old singer is midway through her "cry pretty tour 360" but took some time out to chat with sirius xm host jenny mccarthy where she revealed another stress in her life -- choosing which songs to sing. >> i feel like there's a couple that i don't know if i'd get out of the room alive if i didn't perform them -- "jesus take the wheel." and "before he cheats." it never

anna: give us the latest on sirius minerals. reasons behind corporate decisions around financing. >> that is right, so sirius minerals announced it canceled $500 million bonds after it first suspended a critical part of its financing plan last month. it will adjust the scope of the construction of a mind it is building in england. shares fell 29 august. today they are called down as much as 50%. joining us. for get all the latest stock stories from our equity seen by going to first go on your bloomberg. just a few other stocks to keep an eye on, obviously ab invev, the planes they have to bring to market their asian business. now we understand they are coming back. we will talk more detail about the timing in the most recent reporting. keep an eye on airbus. of newere has been talk production facilities assembly lines in the french press. that is of interest. this is a real estate business managing temporary office space. that could be lower on the wework headlines. a business that works in hr and in-store real estate has guided

you can also listen to us on the radio on sirius xm channel 119 and in new york, boston, washington,n: am 960 in the bay area, and london on dab digital and through the bloomberg business app. on the 150th birthday of the periodic table, businessweek explores why it is arguably the greatest work chart in business history. carol: it is a special elements issue that covers all of the elements, including sulfur. here is this week's business week explainer on the oil industry. >> everything from acid rain to lung cancer. one gallon of high sulfur fuel used in most ships contains as much sulfur as 3500 gallons of gasoline. the international maritime organization has tried to come to the rescue. three years ago, the group issued rose to design test designed to cut emissions of sulfur oxide by up to 77%. making the rules is just a start. many refiners will have to change their equipment and processes or buy different types of crude. some shipowners will continue buying the old, dirty or fuel. the new fuel will be pricier. it is estimated that sending a supertanker of crude from saudi arabia

you can listen to us on radio on sirius xm channel 119, and on am 1130 in new york, 106.1 in boston,1 fm in washington, d.c. jason: am 960 in the bay area. in london on dab digital and through the bloomberg business app. we continue with our special coverage from columbia business school, building on business week magazine's best school rankings. we went to one of the schools that is always on the list to speak with faculty driving the program and its high-profile alumni that are shaping the business community. carol: among them, lulu wong, a founder and ceo of tupelo capital management. she graduated from columbia business school in 1983. she has been in management for decades. we spoke about the global economy, unrest in hong kong, and bridging the u.s. and asia. lulu: i think it is a fraught situation and friends and colleagues on both sides are grieved. i don't think beijing realized it would go this far. they don't want tiananmen square. it is a very different world, they cannot have that. they have to find some face-saving way to begin to calm the crowds. fortunately, the beef

you can also listen to us on the radio, sirius xm china 119 and am 960 in the bay area, in london onital and on the bloomberg business app. wework's plan to go public hit a fall. the ceo has stepped down under pressure from his board. this week's technology section wework'sone of biggest investors. we are talking about softbank. we have seen the reduced evaluation of wework. will softbank's founder have to reduce his valuation and bite down this investment? >> that's right. we are hitting the end of the quarter, the end of september. throughout recent months, banks have taken down their estimates worth. wewiork was softbank got in at $47 billion valuation. now, looks like it could be worth $15 billion or less. how does softbank handle that? that's the big question. carol: you pointed out, or the story points out that he is very up a valuation. will be -- pbs click to write it down -- will he be as quick to write it down? >> there is a lot of leeway in how they account for things. iscould argue that wework just as successful as it has always been. just because investors on wall street

in sirius xm -- on sirius xm. this is bloomberg. ♪ taylor: is two day free shipping speedy enough?hink so, which is why they announced free one-day shipping for all purchases. they are going even one step further, allowing all customers to benefit from the offer without a membership fee, subscription, or minimum purchase. but is it enough to compete with amazon? to discuss, i spoke with the ceo. he is also the former chief strategy officer at snapchat. , we believempany customer first, employee second of a shareholder third. maniacally focused on making customer life better. dayaunched with two shipping and saw the possibility from our customers. we wanted to make things better and that is why we have launched free one-day shipping. so you say customers before shareholders, how are shareholders responding to the increasedosts -- costs? >> customers are happy, they will become loyal and that will drive significant lifetime value. the way we are orienting our company, we're just one year old , but the way we are orienting is focusing on the long-term thinking about the long-term valu

you can listen to us on radio on sirius xm channel 119, and on am 1130 in new york, 106.1 in boston,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 labs, although he really had to 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. people who were slightly mor

the sirius xm merger is the team plait for this, not a legitimate antitrust concern because as a matterhe market is imploding. if you look at it, i think 22 million subscribers for directv, it's something like 12 for dish. they are both declining. i mean significantly lately. that's one of the reasons why i think the activist hedge fund is pushing for the unloading of directv at&t. this someone of the plans. we were first to rt the were looking to do something. i'm going to cut myself off before i get in trouble. what do you think? liz: i think that's a great idea before i punch you. charlie gasparino. >> you notice they turned up the music. liz: one day after the federal reserve cuts rates, what's the high net worth people out there, the wealthy are buying. which names? [upbeat action music] ♪ (pilot) we're going to be on the tarmac for another 45 minutes or so. is. . ♪ liz: we just hit session lows as we hit the dow down plus 80 points. we're down 65. s&p still negative slightly. nasdaq up four. the nasdaq had been up 60. we're almost all gone for the gains. keep in mind for perspecti

one into bloomberg radio sirius xm channel 119 or on the bloomberg business at.omberg. ♪ alix: time now for our traders' take. we have the overnight repo rate hitting a high of 2.8%. the fed is going to come to the market in probably 15 minutes' time. with us is vince cignarella. what do you care about with the fed, with the trade? benson: the trade of the day, don't tear male -- don't tell me about the long-term term. how do i make money today? the asymmetry trade is more likely than not higher yields and higher dollar. we are all going to accept the fact they are going to lower by 25 basis points. are they going to say this is another midterm cycle adjustment? markets aren't going to like that. if they want to get rosengren notgeorge do not duiss -- dissne -- went not dissent. we have a 25 basis point cut, and neutral for a while going forward. that would be positive for the market, positive for yields, and positive for equities. alix: you see higher yield and higher dollar because they will be able to tread that line, not go full out? think it is going to be m

. >> jenny gave me a tour of the new sirius/xm hollywood digs which included a totally natural casualhoto shoot. other events includeded a concert, theet eastern a conversation with julia roberts. the first thing that i see is just this view. >> right? >> i mean this is crazy. >> it's a million dollar hollywood view. >> it reminds me of of when i started at mtv back in the day. back 20 years ago. times square. i entered the building. i was like wow this is the coolest place to work ever. and now i still feel the same way. >> i love that you're out here living your best life, for real. you are living your best life. >> someone's got to pay for this hair. >> we had so much fun. she told me, by the way, she actually pursued you. >> she did. she was very persistent and she got her man. >> lady, go get your man. jennie did. donnie, get ready. we're taking you ste-s on a friday flashback. ♪ step-by-step >> what you never knew about the new kids breakup, makeup, and hookups. the. >> the girls, man, they just kissing me all night. >> i don't have as much hair now. >> and couple celebrations.

from sirius-x.m. meatiest part e as it pertains to opening the biden case. of thing, there's a lot talk about biden's son, that biden stopped the of people and a lot want to find out about that. so whatever you can do with the great.y general would be biden went around bragging that he had stopped the prosecutors. you can -- prosecution. look into it. the official part of the it's not a aid verbatim transcript but rather otes and recollections of officers and n.s.c. policy staff. here's what the transcript shows and what it doesn't. threaten to withhold aid, quid pro quo. former presidential candidate hillary clinton tweeting this this morning -- the president of betrayed states has our country. that's not a political statement. it's a harsh reality, and we must act. he's a clear and present danger to the things that have kept us strong and free. impeachment. president trump, one of many this morning tweeting this -- ill the democrats apologize after seeing what was said on the call with the ukrainian president? should. a perfect call. got them by surprise.

race for the white house and beyond so let's talk abouts it we do are friday with author comedian siriusexc pite totted announce this, just name the new hostd of horse courtn fox5. >> horse court. >> you're going t be the court roamoarder on horsecourt. you would totally wch that. >> i would host it. silverarchm's got a lot to go after jim. >> silver charm? >> wasn't that one of the >> they always have really weird names. >> i don't know, whatever. lot of money there. i don't understand money jim or horse racing. >> did you w the debate last night? >> did i? >> i know you did. this is whate call setting up the segment with tim here. >> three hours of, dejim. 3--like i started sober and by the time i was done, i don't li to get drunk. true story. people know a that i have bourbon collection. i don't like to get drunk. you don't believe me. >> no, i'ton>> loaded by the en that debate. uh-huh. >> didn't tweet anything offensive though. >> so during debate, there was an ad tt ran, we have video and the controversial moment was it srted with a picture of a bxandria ocasio-corurning up. we've

rewind returns with a new series and brand new updates on the best of out to sirius documentaries resting. easy on the. rewind continues with saving sweat and seeing the light 10 years later the plight of your average person for a community in south africa is no better this is a great motivator for us to keep giving back to these communities on al-jazeera. in this life the most incredible stories are often true. and sharing going experiences. makes the on from new york for me or. in this life diversity makes a difference understanding the importance of being part of something much greater than ourselves and this laurie what i want to use is freedom of expression. the right to mortgage. the march to the golf course. because you're destroying the desire to understand the. make sure she. and the human condition is universal. for the congolese the journey to work at all aboard means unimaginable hardship i prefer to live out the just and the i've got the thing to chance a good life and live on a dangerous journey through the jungle. i fell on to the rails with a nearly died. this of our child

ben dominic is the publisher of "the federalist" and host of "the fray" on sirius xm which days thisweek. lonnie chen is a republican policy adviser and fellow at the hoover institution, and david sanger is national security correspondent and a senior writer for "the new york times." david, i want to start off with you with all the news that we heard on this program in the past week with iran. ma w what does a diplomatic resolution look like? >> it's interesting that we've heard secretary of state pompeo talk so much about a diplomatic solution and then basically say, the only solution is for iran to fundamentally change its nature and its character. i don't think that is likely that's the only diplomacy used in this case. i think the president feels like he's got to do something more. >> brennan: i'm told there is a problem with your mic. so i will come back the you. lonnie, if you would pick up, it appears the president is reluctant the use military force. that may surprise a lot of people given his rhetoric. john bolton is gone from the national security adviser job. robert o'brie

well sirius definitely the day the 4 right alternative for germany party that celebrated the most tearing saxony tonight of course these are significant gains for them if anything just reiterating the successes that they've had in other. similar elections in recent months both in the european election also just a couple of years ago as well in the national elections at the c.d.u. . in on the other hand there it's much more sigh of relief of course something to celebrate for them they've still managed to retain that title as the strongest party here in saxony a title that they hold for the past 3 decades now since the fall of the wall but they the coalition with the social democrats here simply doesn't have a leg to stand on for the last 7 governments here in saxony have been that very famous combination here in germany the so-called grand coalition but right now like in many of the states here in germany that is exactly that coalition between the conservatives in the social democrats is looking anything but graham so of course a lot of food for thought cause for concern as well despite ho

sirius minerals singled out brexit and the lack of government support as reasons that it's had to abandon says it will spend the next six months trying to find money from another source. the northern irish company which builds london's routemaster buses — also known as the boris bus — has confirmed it's still looking for an investor to save it and its moo jobs from administration. the wrights group says it's optimistic it can find a deal that will allow it continue to build boses for london, dubin, las vegas and hong kong. a prominent northern irish business man confirmed to the irish times last night that he was no longer interested. the fashion retailer french connection says it's in talks with a number of potential buyers. we already knew that management was "reviewing....strategic options" including a potential sale. today the british headquartered retailer revealed that its losses had narrowed in the first half of the year and that it expects to announce some kind of deal by the end of this year. let's look at the markets. oil prices are bouncing around. that's all the business news.

super bowl ad making motherhood but you should take a look at that and then also the swedish stats sirius is available on you handsome website where more information about that thank you guest i think part of the town today really appreciate it see you next. on counting the cost $15.00 of the most polluted cities in the world already india we look at the cost of people's health and the government protesters the $1.00 hong kong could be plunged into a recession an attribute of fortune built on oil and gas know what prices up the climate challenge is. counting the cost on al-jazeera. a nation where corruption is endemic embroiled in a battle to hold the power to account. how does this radical transformation occur. i mean it to me that if you want to shedding light on the romanians pressing for change and the unconventional methods to eliminate corruption remain people on al-jazeera. al-jazeera. every. part. of the bahamas destroying neighborhoods and killing at least 5 people. in the midst of a disturbed tragedy. and richelle carey this is out there live from doha also coming up. their own

the government may break the law i mean on sirius on mainstream media programs in this country there will be debates what happens if the prime minister breaks the law what have you made of it and is it a loud 2 we're not allowed to forget but b. who breaks the law i think in public lose a 3rd of his cabinet i suspect the lord chancellor their tenure judge of the year to the lord chancellor is obliged by a specific act of parliament with the status of the office was changed to defend the rule of law i have my guess is that there are many people in the government who would not only be unhappy but would find it very difficult to serve and they got they don't know and if you were to any general today in geoffrey caucuses and you knew that say one of dominic cummings people in downing street was briefing journalists saying you know war if necessary we'll break the law would you resign as attorney general i would be sending for the prime minister to explain what the situation is. i would not be able to serve and would you actually i mean it seems such an obvious table to serve in a governm

assembly well let's stay with this and cross ny to london where marlon bashara is standing by he's on to sirius senior political analyst and margaret you were watching not just that speech with from donald trump but also from. the turkish president russia type parents on let's start with trump what was your main takeaway from his address to the u.n. general assembly. i think the most important thing for all of us who are obsessed with news is that there's nothing new in it he was rehashing old arguments as he's been making for 3 years but for those who have not been following news this has been a good summary of what the american president thinks about the us and world affairs and basically to sum it up on a couple of words he would say that socialism is an evil just like globalism is an evil and that the solution in that sense is capitalism and battery at this and so he basically equalizes but you it isn't with capitalism and socialism with globalism saying the globalization of socialism is more about global elites and look at the stick in control of people's liberty while capitalism but that

on sirius xm. this is bloomberg. ♪ taylor: companies affected by u.s.na trade sanctions, huawei plans to unveil an updated phone running google's latest software in some regions. it would be huawei's first major update to the p30 pro phone since the restrictions which slashd the company to revenue projections by $10 billion. at the same time, huawei seems to be coming up with efforts to make up an encrypted email service on future mobile devices, getting away from google's gmail. with details, "bloomberg technology" alistair barr from san francisco. the key for me is this was an updated software, not a new one. is this how they avoid sanctions? alistair: this is one way to do it. they already had the stone out and are going to be basically doing a major update to it. the rules the u.s. has imposed on suppliers to huawei, they revolve around new products, so a newhuawei putting out phone, google will have a trouble providing huawei with the system and the google apps like gmail and google maps that go with that. that is the small loophole that huawei is

jason: you can also listen to us on the radio on sirius xm channel 119, and on a.m. 1130 in new york,.1 in boston, 99.1 f.m. in washington, d.c. carol: a.m. 960 in the bay area, in london on dab digital, and of course through the bloomberg business app. carol: our coverage from columbia continues. we sat down with notable faculty and high-profile alumni. one alumni and was ahead of his time when it comes to online luxury retail. today, he is a chairman and ceo. >> at columbia my started, for example my favorite classes were retailing as i loved customers. it was an amazing class. i member i interacted with michael drexel. we emailed each other analysis about the italian market. he was the ceo of gap at the time. the exposure as a young student you get, he was like a hero. and then i took classes and my business plan about a fast food environment. it is a concept that has been developed recently. jason: talk about ahead of your time. >> but then i realized i did not want to be behind the counter preparing food for 20 years. i was italian, going back to italy after my mba. the competiti

if you are heading into your car, tune into bloomberg radio on sirius xm channel 119 and on the bloombergthis is bloomberg. ♪ s is bloomberg. ♪ alix: 20 me now is vincent cignarella, former trader -- joining me now is vincent cignarella, former trader and the voice of bloomberg macro squawk. vincent: on october 1, japan is scheduled to raise their sales tax from 8% to 10%. last time they did that, retail sales absolutely cratered. wasn't great for the currency. it weakened about five big figures or so. possibly doing the same thing again. japan is kind of out of tools to stimulate their economy. if they put fiscal pressure on their economy and retail sales dropped, not a lot bank of japan can do about it. for canada, the impeachment situation may actually help get usmca through. people are saying that democrat senators, especially the ones in red states, need a win. they don't want to be seen as just beating up on trump. the easiest thing for the democrats to do to get a fast win is to fast-track usmca in the next couple of months. that will be brilliant for the canadian dollar, brilliant

on sirius xm channel 119, and on the bloomberg business app.loomberg. ♪ >> this investigation is not a lawsuit. it is an investigation to determine the facts. right now we are looking at advertising. the facts will lead where the facts lead. david: that was texas state attorney general speaking of the steps of the supreme court yesterday, talking about joining 49 other attorneys general to investigate google on antitrust charges. this is a serious piece of business. 48 states, plus the district of columbia and puerto rico, will do the investigation. alix: what exactly are they investigating? david: we don't know, but the speculation is it is largely about monopolization and also search. as they sat on the steps, being big is the problem, but what you do with being big is. they are bringing in all sorts of things like invasion of privacy, improper use of their clout in the marketplace. the other thing you have to watch out for come of the states can cooperate with the federal government. the federal investigation is going on. it increases the fi

on sirius xm jenna 119 and the bloomberg business app -- sirius xm channel 119 and the bloomberg businessthis is bloomberg. ♪ david: this is what i'm watching tonight. did democratic presidential debate is happening tonight in houston. 10 candidates on stage at my old alma mater, abc news. there's a poll out that has joe biden, the former vice president, still in the lead, but his lead is coming down, 24%. elizabeth moran is coming up to 18%. you can see the -- elizabeth is coming up to 18%. it is the first time we have biden and warren on the stage together. it will be interesting how they take each other on. alix: what is going to be the biggest way they part ways? david: i think the biggest bone is the biggest issue, which is are we going to stay a moderate course down the center, or are we going to go to much more progressive ways and restructure the country, which is what elizabeth warren what's to do? the interesting question is, will elizabeth warren start thinking towards the center for the general? and also, bernie sanders. alix: will joe biden be able to get through the night wi

follow us on sirius xm.raghi taking the stage after a is asterisk pmi over in germany. -- a disastrous pmi in germany. this is bloomberg. ♪ alix: mario draghi's testimony in front of european parliament. joining me is stephanie flanders. this is in light of the terrible pmi data out of germany. how many times will we hear the word fiscal stimulus? thead news for germany and economy coming out of the pmi. good news for mario draghi if he was expecting to face criticism for the extra stimulus that the central bank announced a week or so ago. there is a lot of case for that in numbers which are bad, not just in manufacturing but also services. whether we get to that in this testimony, i don't know. my colleague reminded me that they tend to be a disappointment and tend to be for the lawmakers to say what they want to say about ecb policy at any point in the last eight years rather than a time to hear insights from mario draghi. alix: we know how those feel. walking forward, we had the climate agreement out of g

as we had to break, tune into radio, bloomberg heard across the world and on sirius xm channel 119 andoomberg business that. -- bloomberg business app. this is bloomberg. ♪ alix: we turn to "businessweek" beat to profile the latest story in issues of "bloomberg businessweek" on newsstands today. gm workers on strike. then airbnb readies for an ipo, but new york city's rules could be a roadblock. and how one startup is increasing honey output from working bees. joining me now is silvia killingsworth, bloomberg businessweek at her desk bloomberg "businessweek" editor. >> mary barra's says she wants them to be selling one million electric vehicles within a few years. that's huge. they are really moving into that space. they've made a lot of acquisitions and they are in the middle of a huge strike. alix: they also have automation and a really big timeline for that. can they do this? lvia: it is pulling the plug on gas powered vehicles into electrics. it will be important to watch. sherri: new york city, although it only accounts for 1% of the global revenue, it is whether a city has really

on sirius xm channel 119, and on the bloomberg business app.is bloomberg. ♪ david: this is what i'm watching, starbucks. i talked to ceo kevin johnson. they have all of their store managers and field leaders together, 12,000 people from around the world, in chicago for three days of leadership training, emphasizing things like sustainability. they are reducing the stigma of mental illness because starbucks is in so many communities around the world, and they are doing a huge thing, costing like $50 million. . alix: meaning they will interact with customers who have mental illness? david: we seen this increasingly across the country, a spike in things like suicides, so they are focusing on that. one of the things importance to starbucks is china. one of the things i ask kevin johnson abouted -- one of the things i asked kevin johnson about was if they see difficulties because of china. geopoliticalth situations all the time. the dialogue had no material on our been packed -- on our -- thus far, we've not seen any material impact on the geopoliti

on sirius xm channel 119 and the bloomberg business app.loomberg. ♪ forx: pot stocks in the red the past year. we are joined by bruce linton, kennedy growth corporation cofounder. growthlly -- canopy corporation cofounder. you really could have retired, but now you're coming back to help other companies. what are you doing? really smart person would have been fired, like i was, with $5 billion in the bank of the company, trading at 80% plus of the two week high, left and never come back. instead, i spent the whole summer looking at a bunch of companies because i wanted to play some more. what i wanted to be able to do was join companies that were looking after animals, thinking about other psychedelics, focusing on a brand, and really creating different things. i spent a lot of time digging in and looking at them, so i made this great shirt to announce it. one of the areas i didn't finish yet is silting and, limiting -- is selecting and implementing a multistate operator. the private companies can't sell their stock, obviously, but if they

on sirius xm channel 119 on the bloomberg business app.me for what we are watching this morning. you're looking at the baltic dry index. tell me why you're looking at it. marc: i try to look in a broad range of things and see what is moving. this baltic dry index has jumped. a lot of people are puzzled, why is it jumping? is this good news for china? is this driving higher shipping price esses -- higher shipping prices? other say there has been an increase in iron ore prices. i suspect something else is going on. that is about the supply of ships. 1, ships havery to reduce their emissions, and to do so, a lot of them will still want to use the cheap energy, but they will need to be retrofitted with these new scrubbers. it is taking thousands of ships out of stream, and in the short run, this marginal increase in demand meets reduced supply of ship capacity. that is what is giving a doubling or tripling of the baltic dry index. alix: i love that. i am taking a look at oil in particular because apparently it is possible iran will start viola

alix: if you are jumping into your car, you can tune into bloomberg radio on sirius xm channel 119 andomberg business app. this is bloomberg. ♪ alix: this is "bloomberg daybreak." quick market check for you as you look at s&p futures. still holding onto any higher level for you. european stocks moving a little bit off their shine as automakers in europe hold onto there's, despite the fact that you have chinese car sales falling for a second month in a row. ev sales dropping off a cliff. in other asset classes, still a weaker dollar story evolving here. cable the outperform her. euro-dollar continues to go nowhere as we wind up waiting for ecb on thursday. you are seeing a little bit of selling in the bond market. yields moving moderately higher. spread 2.86% here. crude prices also getting a bump about 0.5%. part of that is the new saudi oil minister. they say steady as they go in terms of oil policy, but that means to me more cutting for longer. you get one million barrels of oil a day cut needed to sustain $60 oil prices. out what isint happening and the lira. president erdogan in tu

on sirius xm channel 119 and the bloomberg business app.loomberg. ♪ alix: time now for traders take. we are looking at the bull run ending in treasuries. vincent cignarella joins us now. vincent cignarella joins us now. he's the voice of global macro squawk. really, and of the bull run? -- the end of the bull run? the problemincent: with treasuries and the problem we are seeing with rates as i think the fed is way behind the curve in fixing the fed funds rate and having inverted the curve. we will see the treasury coming up in the fourth quarter with large issuance. the problem, i am just going to say it very briefly, repo, is funding that issuance. if that becomes a problem, which it likely will be, you have a withtion of less buyers the treasury being on the sell side. this volume of treasuries is going to hit the street, likely backup the 10 year. could see it back to that 2.3% level, give or take. we saw the run from november. if you look at the chart, you can see this great run from 2018. it bottomed out at about 1.45%. i think it is s

on sirius xm.his is bloomberg. ♪ taylor: ibm announced wednesday it would open the first quantum computation center in an effort to expand its fleet of quantum computers and fully realize the business potential of the technology. the real-world application is something that caroline hyde covered when she spoke down with ibm ceo ginni rometty. ginni: why look at the future, technology is coming. we're all about applying them to business but we build some of the world's leading technologies here. cloud and ai, everyone talks about that. to be done, but we will park those for a minute. the next two blockchain and quantum. thele overestimate them in beginning and then underestimate them in the long term. asked mechain, if you one word i would associate with blockchain, i would say trust. crypto is a use for that aside. -- a use, put that aside. blockchain come it should put trust between parties who don't even know each other. and it would do what the internet did for communication between lots of part

on sirius x.m. this is bloomberg. ♪ kurt: can tesla set a possible deliveries record.n musk seems to think so. analysts think this could be divert attention from a less flattering trend which is falling revenue. downerue drop would be a for musk who told employees last week, they have a shot to 100,000 ore than electric vehicles this quarter. o discuss we're joined by dana hall who joins us and dan ives as a neutral rating on the company. we're hearing possibly record sales and a revenue decline, how does that work exactly? the mix of cars, tesla sells the model 3, the model x.nd the the 3 has ramped up and taking the world by store, the sales of others are falling. the average transaction price is getting lower. quite uld impact revenue a bit. kurt: we're learning some of this through an email that elon musk sent to employees last week. tell us about that email. dana: the email last week which immediately, it was elon's email to employees saying they have a shot at a record of 100,000 deliveries. we should get those numbers of production and deliveries later typically

on sirius xm channel 119 and the bloomberg's news app.are delivering on a critical element of the president's commitment. epa and dot are issuing a final action that will establish one set of national fuel economy standards. alix: that is what i am watching. that was the epa administrator owning a news conference earlier and discussing plans to curb california emissions. that has big implications for carmakers and sales in california. what are you watching? the --or us it is market. it is on fire. everyone is back in school and there's huge demand for fixed income. alix: where the biggest issuance? lale: investment grade markets because they can issue longer tenure. high-yield markets picking up. like?is it still covenant covenant?ight or no lale: no covenant. from adjusted -- lale does not like even up -- thanks for joining me. lale topcuoglu. that does it for us. coming up on "the open" mike wilson will be joining us on this trading day after the fate day. the boj looking at further options. norway hikes rates. this is bloomberg. ♪ devi

you can listen on bloomberg.com sirius xm.his is bloomberg. ♪ wework has not hit investment grade status, but they may taking key from netflix by relying on junk bonds. bwork has a credit rating of from both fitch and s&p. and we are watching apple and soft con. it was confirmed they broke chinese labor law while building iphones, using too many temporary workers in the world's largest iphone factory. the claims came from china labor watch. the group says it found other labor rights violations in the past. i am joined by tom, who currently has a buy rating on apple, enjoining us in the studio, -- and joining us in the studio is our reporter. deal?s a big reporter: yes, it is a big deal, because apple is at the top of its game, in top of the industry of treating work goals -- workers fairly, and here, they and foxconn are saving a lot of money by employing temporary workers versus full-time workers year round. move theom, does this needle for you when it comes to apple stock? sure. i do think it is disappointing, and i agree wi