steel, talking about coal, talking about these massively overcast sector, filled with so-called zombie soenies that aren't necessarily competitive. it's talking about getting rid of that excess capacity over the next couple years. on the margin, this is where the changes are happening and interesting opportunities we're seeing. >> we think about china, think about ways u.s. investors can get exposure to china. were you surprised by the msci decision not to include china in their global index? >> well, obviously chinese policymakers had made significant efforts to try to check off the boxes as to all of the requests msci made, but in some waying clearly there are still issues yet to be addressed and clearly some things were addressed prior to the decision still need more time to be proven. the msci made it very clear they will continue to review this eve be on an offcycle basis. probably over the next 6 to 12 moss we're likely to see some progress in this regard, even if not a very large percentage of inclusion, perhaps have the first step of many to come. >> helen, appreciate your time. th

have soe of the -- we many unknowns in terms of the political landscape, the takingtions currently centerhave a great deal of unknowns in terms of where domestic policy goes. 15% corporation tax now being floated. it is a government going to come around to finding some opportunities to compete as opposed to stressing the negatives? >> i think if i were sitting on that side i would say, we need to improve our competitiveness, move towards lower taxes, etc. in order to make sure that the world looks at the u.k. as a business from the nation. that is the only way to offset some of the uncertainty that i would also argue that there is uncertainty around the world. there are uncertainties in australia this morning that there are uncertainties with debt levels -- i mean, the world is more into it it now than we seven, with a politically very-unexpected can come to pass. thank you very much, frederick. that will do it for countdown. .n the move is next features suggesting google be stronger by the end of the trading day. regaining losses after last week. we will see if that carries through into

i think soes has enough of a presence to be able to execute an attack like this.aeda has had a much slower strategy in bang la ditch, one which has been focused on attacking targets that are seen as acceptable targets, atheists or hindus or christians or gay people and not going to war with the state. >> how troubled would you be by the fact that two of the gunmen based on the very, very preliminary word we've had from one police officer, two of the gunmen are unaccounted for. would that be a reason why the operation would be be over? they have to be sure they've got all the men who are holding guns on these host aemgs. >> right. eight is a guess. what we've heard is numbers ranging from six to eight. so lonks they're not sure if they're gotten all the gunmen, they'll consider the operation to be ongoing as they methodically calm through to make sure they're not leaving one of the gunmen behind. but beyond that, the fact that there's at least six and quite possibly more involved in had this operation gives rise to another concern, which is that what we've seen mas

matter of fact, the air force has to stop daylight bombing in migs are soe the dangerous. now you want to conduct a strategic bombing offensive against the same migs. the soviet antiaircraft can shoot up to 50,000 feet. and they take a lot of resources from the germans. they put those into -- i'm not even going to try to say the name in russian. that is their air defense. we don't have a good idea about their radar capabilities, their antiaircraft capabilities. we do think they can at least vector a fighter towards a bomber for about 70 miles and get within 2 or 3 miles of the bomber. which means if it is a b-36, you probably can see it. it is a big thing. last thing. if we don't fly the polar routes, we have to put the aircraft in england or in egypt. that is our forward bases. the problem is, in egypt, it's two strips at 6000 feet long. there's no bomb dump, no maintenance basis, no hangars, no taxi or parking apron. by the way you have to have a , place to assemble the bombs too. ,you can't fly assembled bombs over the united states. that's a bad thing. and the 6000 foo

the basic arc of the convention is we're going to diversify the vote and reach oute and grab soe republicans. you know, this is what did not happen at the republican convention. the republican convention wasan about doubling and tripling down on people that are already a part of our party and rile them up to get them to turn out. o this is about, yes, encouraging the obama coalition, but alsos there was so much time spent yesterday and today to those disaffected, independent republicans to come over and they've got to make the case that they're worthy of their vote. >> woodruff: so, mark shields, does that mean they can count on their base including the bernie supporters to be on board enthusiastically for hillary clinton? >> richard nixon said it best, makes no difference whether they hold your nose or go through a wall to vote of you, it counts the same. i think some of the bernie sanders are not enthusiastic, they will vote for hillary clinton. there were a few die-hazard, no question about it. but i don't think it's that base she's got to worry about. the idea of going to franklin county

there are some buttere soe increasingly guys like kevin lii durant are leaving where superstars prettyayedy with their one tmueam.m. john wall a perfect test secaa of that. he's got i think three moreee years on his deal with thewith wizards. wi if they tone show significant si improvement in the next yeart in or two, john wall going to consider leaving the washington wizards. wiz why wouldn't he. >> and he could get a deal d that dwarves anything that's out here now that these guysse y are signing. e signing. >> absolutely. >> i want to bridge this into baseball. b the nats avoid the sweep, theyee win. that's a great thing.th's a the money that's being thrown out in the nba, do you thinkdo t that trickles into the other professional sports evenport though granted the nba roster nr size is much smaller than saynay baseball or football but do you think it has an impact that we get numb towed these t $160 million contract being con thrown out there. fan'shink from a perspective you get numb. num i don't think the money thatk te the baseball players get affect the money that thethe basket

the risk, of course, is he is soe

here such an honor to be so, so, so, soe much. that is my father.13 months ago, my father; down and told us the time had come. bycould no longer sit idly and watch our beloved country, the country that had given our family so much success, so much opportunity crumble before our very eyes. he confirmed to us that he was prepared to announce his candidacy for president of the eyes states. -- united states. to a knowledge that ours would not be the past, that we should prepare ourselves for what was to come. that we would quickly learn to our true friends were. without hesitation, we each committed with unwavering support. this time, none of us could have predicted what lay ahead. the records he would break, the stadiums he would fill, the movement he would start. today, my father stands before you with the most primary votes of any republican candidate in the history of our nation. [cheering] he shattered voter record registration across the country to defy the predictions of every single political pundit and turned tradition of into must-see tv. [che

big, giant soe's that need to be reformed.ector isn't actually catching up to the public sector. that is where we are seeing some discrepancies in the chinese market and chinese economy, that's what analysts are pretty worried about. vonnie: we keep an eye on that. and on the value of the yuan which has been weakening. shery: significantly since the brexit vote. that could cause more turmoil. vonnie: still ahead, donald trump took to twitter to announce indiana governor mike pence as his take for -- pick for vp. ♪ >> from bloomberg world headquarters in new york, i'm shery ahn. vonnie: i'm vonnie quinn. let's start with the headlines. mark crumpton is in our newsroom greatmark: the democratic national convention unveiled a partial list of some of its speakers. former presidential candidate bernie sanders, first lady michelle obama they will highlight the first night of the convention on july 25. other speakers include former president bill clinton president obama, and vice president biden. hillary clinton and her daughter chel

to play the funding game of raising a billion dollars every year to defeat the republicans, we could soe policies that could help that the republicans are disarmed. we can do this. if that doesn't work, we have the internet. a lot of progressives are not .atching they are organizing online, live streaming, and hundreds of thousands of people are watching this. i urge all of you to take a stand. >> time. >> thank you. he was up first. we are going to go to oppose. you are up first. virgin islands will be second. he was up first. >> mr. chair, john lavelle from pennsylvania. i'm going to urge my fellow members of the committee to vote against this amendment. we stand strongly for a free and keependent press to government and its proper position, but the context is important. i would urge the members of the committee to look at where this amendment is proposed to be added. this is not a section that talks about the media. platformon of the concerns stopping corporate concentration, and what the text is here is democrats will take stop corporate concentration in any industry, any industry, w

we --a is -- as though soe's are going back up. they are leveraging in the wrong places.that could do more with the credit are getting the credit, the sectors that can do a lot with it are getting it. they know they can go there and get the growth. that's what's happening. joe: in way to expand further. are people too optimistic about china's ability to change its growth model? we talk about economic reform and weaning off these industries that have all of this overcapacity. you are saying it doesn't really sound like that happening. if anything is going in reverse. people: i don't think are too optimistic, i just think they have a timeline wrong. it's good to take longer than people expect. i think what's happening now is a step backwards. they really need to thread the needle. you need to do leverage these heavy manufacturing sectors, the sectors where you have too much capacity, and really at the same time shift credit and make sure and companies with good ideas are getting the funding. that is where you get productivity growth and wage growth. deleveraging, reducing o

several members of the soe, actually most of our british agents were captured by the gestapo and that's where you ended up, at number 84 on the fifth floor where they had torture chambers. you'll notice the gestapo symbol dotted all along the avenue foch here in august of 1943 this gentleman, he's still alive, he's 94. he lived just -- you see the rue tractier, just literally as a neighbor of the jacksons. he grew up to next to the jackson family. in august of 1943 he walked out of his front door, took a step to the left, walked another four yards and knocked on the door of the jacksons. toquette invited him inside. he stood in the living room and said "i belong to the resistance. can we use your home as a drop box for intelligence and meeting place for resistance agents in paris? it's a perfect place, it's a doctor's office, people come and go, there's two exits, etc." he told me in paris a year ago when i interviewed him that when he asked toquette if he could use the house she didn't hesitate for a second. from the summer of 1943 to the summer of 1944, several dozen l allied agents d

that that could hacould have soe tech companies. >> some companies thought we had a big order, and theyidn't. >> and the question is what is the longer term impoccasion lic brexit? michelle, you can understand why businesses may say hold off for a few weeks but what happens? >> neidem is down grograding netflix. we worry brexit decelerating gdp growth will accelerate churn of netfl netflix subscriber growth. >> if the uk plays it right, they could become an even more competitive economy than the eu. that would be easily done because there's so many things about the eu that are so not competitive and they could tell me, i think, be far better off as a result of having left the eu. the short-term, there's this indecision, but at some point, people start to look at a uk economy, which is fairly competitive and the rest of the eu, and look how we're talking about italy as a perfect example. there's still a question about whether or not this ultimately has become the big flashing warning sign of a threat for the eu, do they survive brexit, and i don't think we know the answer to that yet. >>

several members of the soe, actually most of our british agents were captured by the gestapo and that's where you ended up, 84, the fifth floor where they had torture chambers. you notice the gestapo symbol dotted all along avenue foch here. in august of 1943, this gentleman is still alive. he's 94. he lived just -- you see the route tract here, literally as a neighbor of jackson's. he grew up next to the jackson family. in august of 1943 he walked out of his front door, top a step to the left, walked another four yards and knocked on the door of the jacksons. toeiquette invited him inside. he said, i belong to the resistance. can we use your home as a dropbox for the intelligence as a meeting place in paris. it is a perfect place, it is a doctor's office and people come and go, it is too ethics and essential. he told me in paris years ago when he asked toquette if he could use the house, she did not hesitate for a second. several high-profile agents dposed information at gestapo office. it became an important part. toquette was the main instigator. this is a beautiful shot. i wish i ca

this is soe state," ambiguous. it could be the governor. in colorado, we have a liberal governor who is very close to the obama administration. a good sign off on that. the legislature is a medium sort of approach. but again, i would say to the vote of the people would be the best way to at least slow down the process and put it under close scrutiny. >> is there additional discussion? hearing on again, we will have two votes. >> timothy from delaware over here. >> yes, sir. first row. >> just to support the more generic, specific language, many states do not have a referendum protocol policy. so, the citizens of the state could not vote on such. while some people might flavor the legislature, i like this language, which would allow each state to present its support in the way most appropriate to that state. >> the gentleman from iowa has suggested changing the word from "support." that would be up for a vote right now if there is no other discussion. all those in favor of changing the word "support" to "approval" signify by saying aye. it i

ability to make it doesn't mean that anyone's going to use it or that it's vavaluable to o someone, and soeser focused on teens. there was not an organization in the youth space that didn't require adult, and so our basic rules s at do something are we never require an adult, money, or a car, because that's not how most 16- and 17-year-olds live. walter: but most 16- and 17-year-olds live this w way. at least this is the persona that we give them as a society. they're on--they're texting, or they're playing videogames, and they're disinterested, and yet, you're engaging them. lublin: but texting and videogames does not mean disinterested. it means they're interested in what's coming to them in their pocket and in their phone. walter: but that's the--that's the perception of young people, and it's totally wrong, correct? lublin: totally wrong. totally wrong. they're super engaged. they're super engaged, and they're engaged--um, they're switched on to what's going on in the community. they're spending in different ways, so this is the generation that made toms shoes a multi-billion- dollar co

r and b jenn wine and rapper soe lay are getting real how they he remain close following theirir marriageic brings back such memoriesr much the legendary rock bandd ambrosia is here and they willl perform one of their greatest gt hits. >> plus taylor and tom backlash. shandra responds to theo th petition.tion. huge honor. >> let's do it.'s the 10a starts right now.ht now ♪ >>> tacket off, wis much that'ss your queue. >> i would put i hurt my back pt during that segment.ment >> yeah. >> i understand.. >> i get it. >> yeah. ea >> we're over here with -- we got food because paul whartonaut comes in with his friends onn wednesdays.wednesda >> right. >> today he's bringing jenn winw and sole and we need some food.d they're talking about marriage i but ha they managed to stay friends.ens we'll talk about that. t >> the only reason we have foodo because today is national friede chicken today day. >> we will indulge.ul >> which i asked earlier who got the best fried chicken in d.c.nd or in the area.n the area. you know what i moan?t i moa >> that's good question to haveh answered i would like to

what did you guys specialty soe far. >> i know you're new but you got to have specialty.e >> i would you put -- do you put egge on all your burgers. burge >> not all of them. of m. this one is called the bell wili he son burger a tribute to thett old owners of tom and ray's.. they've been open for so longon and they did great breakfast sot we did breakfast burger.ge >> if i show up and say i want w the burger with the egg on itggo you'll know what i'm talking tki about. ab >> probably. go with this. i'll try this one, too., t i haven't eaten since yesterdayd or since the last table i was at. hmm. oh, my gosh. g >> did you see that.ha >> usually food goes in your in mouth. >> not on. on what is that the egg. >> yes.>> y. >> man. m gary.ry. all over your jeans.eans your dad jeans.ea >> exploding food.. >> my dad jeans?eans >> that's another story.r ory >> all right.ight thank you so much everybody.vebo >> i'm sorry that was reallywasr mean.an all right.r we'll zen it back in to you but this is the best chicken i've ie ever had.ever had what about your sandwich.dwich. >> annie, if you'v

ability to make it doesn't mean that anyone's going to use it or that it's vavaluable to o someone, and soey laser focused on teens. there was not an organization in the youth space that didn't require adult, and so our basic rules s at do something are we never require an adult, money, or a car, because that's not how most 16- and 17-year-olds live. walter: but most 16- and 17-year-olds live this w way. at least this is the persona that we give them as a society. they're on--they're texting, or they're playing videogames, and they're disinterested, and yet, you're engaging them. lublin: but texting and videogames does not mean disinterested. it means they're interested in what's coming to them in their pocket and in their phone. walter: but that's the--that's the perception of young people, and it's totally wrong, correct? lublin: totally wrong. totally wrong. they're super engaged. they're super engaged, and they're engaged--um, they're switched on to what's going on in the community. they're spending in different ways, so this is the generation that made toms shoes a multi-billion- dolla

and women first though he's joining us nog in the loft to share all thell details on what makes him soes fanta i don't need to say anythingo sh now. >> love laugh.>> love laugh. >> show my picture earlier tarzan they changed the hair. >> that was you.>>t was >> weird.>> w >> wow. >> why did they switch my hairhy like that? >> what is is this picture.s ths >> i love this picture. >> that's me looking at myy daughter's new boyfriend.frie >> like i wish you would, rightg >> i wish you won. w. >> right. >> i know. >> so you talk abouto yo relationships a lot in this set you're doing.oi you don't script much of it.t cf >> no, i can't because't bec everything happens day to day.. >> yeah. >> relationship wise i just gohi with the flow. women change all the time you te like one thing and two seconds o you don't any more. mor first it was that guy, nowuy, you're in love with me. >> it's the eyes. >> so dreamy. >> amazing. ama >> tell the world. >> yes. i know you improv lot of yourou stuff if your talkingur t relationships do you justs doou observe everything around you and then you just like --

popular.opular >> i call this patton silver it's -- i'm a colorist i colori represent the well la brand soesbout a minute.ab a mn how much are these wigs going to set us back. b >> oh, my gosh, they're nothey't going to set you back too much.o the starting price for a reallya great start would be 1500. >> and then we go higher. hig >> so i'll be going to the t beauty store on the corner of - >> no, no, no.. >> georgia and delafield todayay about 3:00. we'll see you there.see you the i can't avenue for it it is aits good investment if you're goinge to rock it. >> great invest many and theynd last very long time. >> i got my fake hear i curl an wash it i have one of the halo h routine i would definitely rockk one of these.e ofhe they're beautiful.ul. >> so are all the models andodes good luck to you.uck you. >> thank you very much. >> this is an invest mhaany.n it >> it's a peace for life.or l >> you will never have to change it again. aga >> where can people contact yout if they want to purchase one.e o >> right on the website. >> perfect. >> grand studio -- strands studio.com.studio i think

of our common defense, after all, is to protect the american people andl preserve our independence soe that we can enjoy the blessings of peace. faith, freedom, family, prosperity. my father and his father were willing to fight so that their children and grandchildren might live in peace.gr sadly, that wasn't to be. but my generation is fighting, has fought and will fight so that our children, my infant son gabriel and the christmas baby my wife and i are expecting might one day live in peace. and for that cause i speak tonight not only for republicans but to the millions of independent and democrats who share that dream and who wish to make america safe again. thank you and god bless you. >> senator tom cotton of arkansas. crowd.g to the now. we're expecting to see karn vaughn as we just heard she's the mother of a fallen navy seal she is going to tell her story. karen vaughn. >> thank you so much for the opportunity to be here tonight.h it is a great honor. i'm here because i remember when america was strong and proud. when our word meant something. i'm here because i raise addison w

campaign would prefer if is reid in litt bitlimi hisommes, mitsow ft henswe a queson, t on telrompr soethere is sometimes. this is not a traditional campaign. we understand the people like donald trump the way he is and if there is any restraint it is so the media doesn't take what they want and run. people know now this is what will happen, the media is working with the democrats to help hillary clinton, she has not had a press conference, she will not answer to anything she has done and we will see more of that in her speech, she will talk about things she doesn't believe in and paint a picture of herself that at this time no one will believe because t ctarouthe d people are feeling the pain. stuart: you will see to it that donald trump says something this afternoon that will upstage hillary clinton tonight, that is what you are going to do. >> i will sit back and watch and be prepared to go on the defense because the american public is tired of politicians saying what they want you to hear and do nothing. hillary clinton is going to complain about things she says she has been fightin

some very serious questions how could someone who is so much on their radar allowed to get away with soehis. stuart: and francois hollande has gone to the scene. ashley: it's terror and it is war, he says, we are attack. stuart: i'm going to get to the convention and donald trump's appearance this morning, but not going to let this terror thing go. ambassador john bolten is with us this morning here in new york. i think that europe, after something like this, is very close to communal fighting, where the locals start attacking the invaders. how close are we? >> i think we're very close and i think just a spark could set it off. patrick covar, head of the french internal security agency said in a speech a few weeks ago, he thought that france was close to civil war. he thought that an active sexual assault in france such as occurred in cologne new year's eve could be the thing that starts it. we've just had multiple attacks in germany. we've had-- >> three-- >> and it's that the public leaders don't protect the people, the people will protect themselves. stuart: it's an interesting questi

soe movefa and lhedcago i29 ci, people have always bght cars.w an opportunity in shalaround the world. doing at requiredozens of data ceers, but desied for speedunity in sand performance.rld. we built our business on the ibm cud. because at's what the m cloud built for. why don't y let me... and me. help you out? you're a ar what say... ♪ i love ting stuff apart a ding new thin out oit. anne: s my mostadvaed anned. [gps] this is awesome. ♪ anne: you haven't seen anythinget announcer: giveour cardboard box anher life. >>> we're back. general electric reporting earlier this morning. joining us now to break town the results is nick heymann. he is electric equipment analyst at william blair & company. >> good morning. >> what's your read? this is scott. >> i'm sorry, scott. no, no. the read here is it looks pretty constructive. they did 51 cents. i think the expectations were around 46. we were at 45. most folks expected 11 cent of restructuring and it was 9 cents. so part of the beat, if you will, was 2 cents of lower restructuring. but the other 3

here such an honor to be so, so, so, soe much. that is my father.bycould no longer sit idly and watch our beloved country, the country that had given our family so much success, so much opportunity crumble before our very eyes. he confirmed to us that he was prepared to announce his candidacy for president of the eyes states. -- united states. to a knowledge that ours would not be the past, that we should prepare ourselves for what was to come. that we would quickly learn to our true friends were. without hesitation, we each committed with unwavering support. this time, none of us could have predicted what lay ahead. the records he would break, the stadiums he would fill, the movement he would start. today, my father stands before you with the most primary votes of any republican candidate in the history of our nation. [cheering] he shattered voter record registration across the country to defy the predictions of every single political pundit and turned tradition of into must-see tv. [cheering] he has inspired multiple generations including my own.

it is on the background why economic and financial crisis serious, soe so serious impact, not able toe smart. in europe we have many problems to keepof the inability rules and i would like to see some change in this. if it was in this time, germany likerance had something special -- for me it was something natural. rules.dy has to keep run thisossible to entertainment and this maybe -- when now i saw jean-claude saying, because it's france. does it mean? that in future if czech republic group, they of this will incur all this debt, all indebted countries because nobody will accept the rules. an impact, the unwillingness to keep rules, there maymental that be some tasks on the side of czech republic that we have to do but we are maybe in good shape but something has to be done also on the side of euro go maybe we also have to much more in deep because to solve the problems of this countries on the south, maybe bring new projects, maybe you know economic, he is speaking that likewe need is something breathing euro. breathing euro means that some leave euro for some time maybe to use own