tesla motors and solar city. tesla has disclosed that it has to pay $422 million to its bondholders and the third quarter and will raise additional money by the end of the year. the additional capital used to support the proposed merger with solar city. others suggest solar city having difficulty tacking the public markets in a proposed merger into stacy made the beauty squeezed. critics say the merger is a bailout for solar city on mosque says it will create a more diverse company. lauren: strong language for apple ceo tim cook. cook told the irish independent newspaper that the european union ruling that apple is higher than $14.5 billion in back taxes is in cook's words total political. he said that. anti-u.s. bias also here that played a role in the decision. experts say they could strike back at the e.u. over the apple ruling if they wanted to. u.s. tax law gives the obama administration the power to double tax rate for european companies. experts say the administration is not likely to take such an action b

short tesla and solar city. he has said that at the conference when he was sitting on the set with us. we'll get more from jim chanos, the legendary short seller, coming up in a bit. plus, the head of ups's $30 billion pension fund is here to discuss how he is finding alpha for its more than 400,000 employees. delivering alpha has been especially difficult, as you know. we'll talk about it more from delivering alpha, the conference, here in new york city straight ahead. hey ry, wh are you doing? so we can share our coamazing trading knowledge. at's a great idea, buy don'yojuto ideas,ven actual tdestwith mkets i know. ur brain td my brain before you told my face. mmm, blueberry tap into the knowledge of other traders on thinkorswim. only at td amerie. only at td amerie. y, 's been crazy wh school beinback- so we're constantling over our data limit. oh, we, now all of our new plans come witno dat overages. wo no more overages? so thaans... go osay y ... so thaans... we'llinally be in control... and we'ac introding

. >>> shares of other companies tesla and solar cities sharply falling today.esla is buying solar city, remember. >> certainly a rough day for elon musk and both of his companies both felt it today. lets start with spacex because the video that came out it was stunning. the explosion on the launch pad, we should point out that there was nobody injured in this explosi explosion. any of the cargo that was on there including the satellite of a complete lost as you can imagine after an explosion like this. the lost of the falcon vehicle today during the operation originated around the oxygen tank is still unknown. that was a couple of hours ago, we have not heard from elon musk of the explosion of spacex rocket launch that had the explosion in florida. >> a rough day for tesla. a lot of it started yesterday after the company had a filing and they outlined the fact that they would need to do a capitol raise or an teequity capital raise. where it was at the end of the second quarter for tesla, they had some expenses in cure inside the third quarter or will in cure th

solar city lost two hundred fifty million solar city. play sound 13:56: "we're extremely healthy...." 14:28: "we don't need vegas." ----with tesla on shaky ground, too, they may need vegas more than he lets on. sure texas is a bigger state. but the potential for tens of thousands of customers is here. tesla is building that may be some synergy. and the company owners are cousins, too, which may help make it work. or not. "your voice.... your vote".... in the race for the white house. with an about face.... on the issue..... that launched his political career. abc's.... karen travers has the latest.... from washington, dc. donald trump finally stating this as fact: donald trump president obama was born in the united states period. and it was classic trump - he took no questions from the press...but he did get in a plug for his new dc hotel donald trump nice hotel, under budget, on time and while trump was unequivocal about obama's birthplace...he threw out two other falsehoods: donald trump hillary clinton and her campaign of 2008 started

is tesla bailing out solar city because of the companies cash problems? is it too much for them to buy out when they are trying to get new models out and satisfy their own cash requirements? these are questions shareholders have and we will see how it all comes out. emily: we will be watching to see if this garners any additional regulatory attention. thank you. turning to another top story -- continued follow-up from the eu ruling that apple owes more than $14 billion in back taxes. u.s. treasury secretary, jack lu, was asked about this in washington. >> i raised the issue that the pattern of action appears to be highly focused on u.s. firms. they point to smaller action against non-us firms but the actions appear to be aimed squarely at our tax base. emily: he went on to say tax laws should make it impossible to escape taxes and he sees a growing consensus in congress to move forward with such tax reform. coming up, palo alto networks adjust its forecast or next year and wall street reacts. we will hear from mark mclaughlin, next. this is bloomberg. ♪ e

there is no reason for solar city to be part of this discussion because customers are >> dana: solar city business has gone way down in this state. we know that. >> kim: how in the world did this happen? little nikki and the head sticking out from this casignal what the dog got stuck in. that is in peru. local media reporting she had herself trapped in there searching for food. struggling under the harsh sun. you see the action here. nikki was freed with no reported injuries and now all the people living around that area are looking for a forever home for nikki who is doing just fine. >> dana: this is to not cool. we have to blur it out. can you figure out what is going on here? i don't know how they did this. you know what they are blurring >> kim: it's called the middle finger salute. >> dana: they paint over the black dots so only one finger shows up. city public works department says this has happened before. normally takes just under an hour to repair. officials say they take these incidents seriously. anyone caught doing this is going to be prosecuted. kids in las vegas do not t

it is called solar city spread.he gap between where solar city is trading now and where it would be trading now if investors assumed the merger were a done deal. it is growing ready wide. gap between where solar city is and a nominal takeout. there was a lot of skepticism. people get nervous, everything is kind of like, you run hot and cold because people -- matt: if you buy the merger story, you can buy solar city. or you could get steamrolled. the s&p 500 index, global equities and emerging market assets all tumbled at least 2% in the biggest route since britain seceded from the european union. more about this selloff. ♪ scarlet: let's get a recap. a lot of red on the screen. the nasdaq a racing to weeks of gains. you can see almost 401 lost. all 30 points for lower. the s&p 500 members have declined. glance, we close that session lows. we are wondering if this session close marks a clues inflection point on whether this is just a breakout from a summer of come treaties. what i think it depends on they say on mond

solar city could get acquired for $1.4 billion.ling to its lowest in three months with a debt of about three $.3 billion. some analysts say if the acquisition falls apart, solar city itself might not survive. it's not good news for elon musk especially after what happened with the spacex explosion in cape canaveral. matt: thank you. elon musk, another one of his in the newspacex is because its falcon nine rocket exploded in florida marking the second loss of a spacecraft in little more than a year. the satellite was destroyed in the blast. beenzuckerberg had counting on that satellite to help extend internet access across parts of sub-saharan africa. elon musk tweeted about the incident and wrote -- vehiclefalcon originated around upper stage oxygen tank, cause still unknown, more soon. nejra: it's time for the bloomberg business flash. british airways is planning to resume direct flights to iran as some sanctions are lifted. airline first erect flight is scheduled to leave heathrow airport tonight with arrival friday morning. serv

he points out that in preceding this deal for tesla to buy solar city comes out that solar city justge loan from tesla, tesla's board says no thanks. this spread has widened out in terms of how tesla's trading in relation to solar city stock. it is about a 20% spread. >> if for some reason it falls apart that would be clear trouble for solar city tesla investors might feel somewhat relieved. >> you have two companies with very different risk profiles, different costs of capital. you decide to merge them to put the weaker underneath the stronger you will have to raise capital and go back to the shareholders. you going to raise the cost of capital. the whole thing made no sense from an industrial perspective either and the same time you will have angry shareholders. >> and it stinks from a governance perspective. >> solar city shares down 4% reflecting all of that discussion. >>> steve schwarzman just took . we'll listen in when we come right back. hey gary, what are you doing? oh hey john, i'm connecting our brains so we can share our amazing trading knowledge. that's a great idea, bu

that was reflected in solar city's bond prices. shareholders were trying to figure out what the net benefit was because tesla trades at 300 times earnings, they are hoping to get into that growth. elon would focus on producing the cars because they never made the expectation. dagen: cash crunch that's literally a few months away. 422million-dollar payment that's due to bond holders from tesla in the third quarter and then also there was in the filing yesterday and this is in the wall street journal, 15 institutional investors that passed on either acquiring solar city or injecting equity into it. the people are afraid of that company and he takes it on. what it looks like on the surface that solar city was going to go bankrupt and he rescued it in a way that puts burden or tesla shareholder. kevin: he was one of the biggest bond holders, he did a bail-out of himself. that goes back to -- this was all transparent and telegraphed. there was tons of conflict of interest. this was meant to resolve. sandra: he said in an interview on we

----wellinghoff assured me solar city does not engage in such practices. but you can be sure the legislature won't take his word for it and will take governor sandoval is giving input...... on the stadium plan recommendations that are awaiting his final say!!! "the southen nevada tourism infrastructure committee".... approved the plan...... to bring a..... -1- point -9- billion dollar stadium.... to our valley. now... the governor will consider.... he said.... he'll give each of them..... a review. sandoval says.... once he's comfortable with a proposal..... he'll consider the options.... available." we're only a few hours away from what's shaping up to be a traffic nightmare. at 10pm.. road crews will close the southbound ramp from us-95 to i-15. if you have to drive through that interchange.. you'll have to follow detour signs. the road work is part of project neon. the closure is expected to last through 10:00 sunday morning. here's a live look outside... where those sunny skies could soon turn.... cloudy and grey... 13 first alert meteorologist..... ka

this does not have to do with the solar city merger but investors wondering whether or not they can meetr -- the rather ambitious target for this year and ahead. nejra: what about bright spots? abigail: the biggest boost all day and helping the nasdaq to be up 0.1%, charter communications. shares are higher. that is their best day in quite some time on news the company's stock has been added to the s&p 500 and will be replacing the storage company pnc. and the reason this is reacting in this way, according to bloomberg intelligence paul sweeney, not just on this but in general where are added to the s&p 500, it forces the influence .anager to buy shares others say it is a status symbol or a coming of age. good stuff for charter communications helping the nasdaq today. nejra: abigail doolittle, thank you. matt: tomorrow -- joe: we get the most important jobs report of the year after the hawkish tone in recent weeks. this could seal the deal of a race this month. next guest says that will happen only if we get a payroll of above 200,000. joining us is conrad, from our dq economics. -- rdq

end; the deal comes as elon musk pushes into the clean energy market with a proposed takeover of solar citylar has been one of the fastest growth sectors of the u.s. economy, seeing double-digit insulation rates over the last several years. the data from new energy finance suggest that it could drop to with3% growth in 2017, some industry watchers saying the space is poised for a people. after all, the price of electricity with has dropped in solar panels are cheaper, prompting many potential customers to buy their own systems rather than enter into long lease agreements. here to give us her perspective on what's next, inroof solar ceo. still with has dropped in solar panels are me, cory johnson. great to have you. you guys do loans and leases. according to "the wall street journal," the numbers are 20% cash and loans, 80% leases. >> that's right. i think the big story is that consumers want this. the value proposition is strong. they continue to adopt it. i want to correct one of the opening comments to say that if you look at the q2 numbers, the growth rate is 30% year-over-year, and we a

separately, solar city is going through some cash at a fast pace. at the end of june, >>> bring down to the booking area, return all this property, and then finger print him out, and he'll walk out the door, walk through the lobby and walk down here. >> we're not happy about the sentences right now. >> i'm not. i think anybody charged with, convicted of rape should do time in state prison. i'm supporting the assembly bill, 2888 on the governor's desk right now. it makes mandatory prison sentences for anyone convicted of raping an intoxicated and unconscious person. >> was he a good inmate, a bad inmate? >> i don't know how he was as an inmate. he was in protective custody because of the risk to him. >> reporter: what kind of message does it send to the public that brock turner is being released after just 90 days. >> you know, that's the court decision. it's a decision i'm not happy with. i think it should have been a state prison sentence but that's why we're moving so quickly on getting the law changed and urging governor brown to sign the legisla

tesla and solar city and fresh doubts on whether elon musk can pull off a planned merger. on wednesday an s.e.c. filing for the all-stock solar city acquisition showed the significant cash burn that tesla would have to manage. it also showed tesla considering making a merger proposal before the car maker's may stock offering of $1.4 billion. solar city's value has been falling faster than tesla which could indicate that more investors think the deal could fall apart. elon musk clearly has a lot on his plate right now. coming up facebook unveils a new way to share live video. we will talk to the former product manager of facebook live who recently launched another live video streaming company that will compete with his former employer. plus maddening and disappointing. tim book has strong words for the e.u. reck lators going after his company. but will ireland still back him in an appeal? that is next. this is bloomberg. emily: another story we are following. apple's fight with e.u. reck lators over -- regulators over a $14.5 billion tax penalty from illegal state aid from

that >>> nv energy and solar city agreed to a settlement .. that could restore cheaper rates to customers who installed, or applied for a rooftop solar system before this year. the deal is now on its way to the p-u-c for the final approval. customers were outraged, after the puc increased rates earlier this year .. the decision sparked protests employees./// ((brian loftus)) >>> hillary clinton is now talking about her health scare .. ((kirsten joyce)) >> the time-out the presidential candidate is now taking .. and who will be taking her place during this week's event in las vegas. ((brian loftus)) >>> plus.. bumpy roads in north las vegas are driving one local crazy. demetria finds out what city leaders have in store for the area... coming up... ((michael stevens)) <<< michael stevens is talking about three square's fill the plate food drive./// >>> ((you're watching the valley's news leader... with brian loftus, kirsten joyce, sherri swensk and i'm really good at war. i love war in a certain way. including with nukes, yes including with nuke

separately solar city is going through cash at a fast pace.e, solar city had $146 million on hand down from $489 million last year. financial analysts say musk is going to have to raise a lot of cash to keep the combined companies going. and tesla had a sales set back in missouri. a judge ruled that tesla cannot sell cars directly to customers in that state. a trade group for auto dealers suits say tesla's sales model violates state law which requires car sales to be made through an auto dealer and the judge agreed. tesla has faced similar obstacles to selling cars in several states with dealership laws similar to the one in missouri. >>> uber has filed an $8 million building permit with the city of oakland to renovate the headquarters. the ride share companies plans to move into the building at 19 19th and broadway. the city has yet to approve the building permit. they are headquartered across the bay in san francisco currently. >>> taking a look at the stock market, rising in afternoon trading on wall street after the government reported a s

they are aiming for october 28th, unveil, the bay area of tesla solar city solar roof, 2.0 battery and tesla charger. they just announced they are buying solar city strategy for the two companies, included providing solar roofs to customers. these would power not only the home but the owner electric car. >>> the soaked giant linkedin is adding a new speed offering a collection of articles and posts and opinion pieces on major news events or current issues. they are getting a new boss. microsoft i was paying $26 billion to acquire the company later this year. >>> now in our health watch, giving babies eggs and peanuts at an early age may lower their chances of developing food allergies, according to a new study. researchers analyzed information from nearly 150 previous studies involving more than 200,000 children. they found the risk of allergies is linked to win allergic foods are introduced. >>> wearable devices that monitor exercise and diet may not improve weight loss. patients who use technology lost less weight than those on standard weight loss programs. >>> a new tool to protect

. >> lawsuits may delay tesla's planned merger with solar city.esla says four lawsuits challenge this merger. they blame tesla and solar city breeched their duties to are shareholders. >> it's hot today. >> and cooler weather is on the way. we don't have fog in the area, i will cool you off and tomorrow, the sea breeze is going to knock temperatures down. inland highs on the warm side. and coastal highs in the 60s. up to 20 degrees cooler in oakland from 90 today to 70 tomorrow. from 101 to 87 tomorrow so a good 14 degree drop. taking a look at the accu-weather forecast, cooler weather wednesday, thursday, mid to upper 70s and autumn arriving thursday morning. switching out seasons we're going to switch up the weather again. and here we go, again. just when we get rid of the heat. some people are telling me they don't mind it. >> no. they might be in the >> a pickup truck in palo alto. >> you can see they have a pick up on a tow truck so hopefully they'll move it out and get out of the scene. >> big game going on tonight? >> the 49ers put up a goo

. >> lawsuits may delay tesla's planned merger with solar city. tesla says four lawsuits challenge this merger. they blame tesla and solar city breeched their duties to are shareholders. >> it's hot today. >> and cooler weather is on the way. we don't have fog in the area, i will cool you off and tomorrow, the sea breeze is going to knock temperatures down. inland highs on the warm side. and coastal highs in the 60s. up to 20 degrees cooler in oakland from 90 today to 70 tomorrow. from 101 to 87 tomorrow so a good 14 degree drop. taking a look at the accu-weather forecast, cooler weather wednesday, thursday, mid to upper 70s and autumn arriving thursday morning. switching out seasons we're going to switch up the weather again. and here we go, again. just when we get rid of the heat. some people are telling me they don't mind it. >> no. they might be in the minority. >> a pickup truck in palo alto. >> you can see they have a pick up on a tow truck so hopefully they'll move it out and get out of the scene. >> big game going on tonight? >> the 49ers

it made its situation squeezier by buying solar city which also had debt. in fact, reporters at the wall street journal ran the numbers ansaid that solar city owes more than 300% of what it's worth. we get the big jobs numbers tomorrow. today is the first day of september. august end we'd a market on a lots. not unexpected. nor generally is the jobs number good for stocks. but we look forward to that tomorrow. coming up we're going to talk about the new samsung phones that could very well catch fire. leave that right there. >> thank you very much. leave that over there. didn't know you had one of those. >>> hurricane lester moving closer towards hawaii. it's about 800 miles away. it's expected to downgrade to a tropical storm by the time it reaches land this weekend. >>> tropical storm herman is approaching florida. seeing heavy rain and wide spread street flooding there. 51 of the state's 67 keens are under emergency. good morning, sara. what are you seeing? >> well, right now we have just starting to get a little bit more rain this morning. we are just be

((kirsten joyce)) >> plus...n-v energy reaches a settlement with solar city. how this affects solar customers. ((brian loftus)) >> and... southern nevada is under a wind advisory. sherry tells us how long it's expected to last. ((kirsten joyce)) 8 news now good day, the valley's news leader, starts right now./// ((now, live...this is 8 news now good day.)) ((brian loftus)) >>> class is back in session this morning for walter johnson junior high. good morning i'm brian loftus ((kirsten joyce)) >> and i'm kirsten joyce. the environmental protection agency deemed the school safe for students to return, this mercury scare proved costly for multiple parties. and some parents want to know... who's going to pay for it? shakala alvaranga has the latest. walter johnson junior high school re opens tuesday. but uncertainty still lingers for the kallao family. send him back to school because i'm a lot older and i know what this world is ok one kid does something wrong and another kid wants to do something better." the environmental protection agency came by the family's ho

solar city has cut their forecast by 24%. you have cut it just a little. in the same market. what's the difference there? i don't want you to critique your competitors. you are seeing a minor slowdown and they are seen a major slowdown? lynn: if you look at the market overall, we are in the same market. when you have these huge transformational markets, it can be rewarding growth at all cost. you may make decisions that are not long-term sustainable. when the market gets tough, you may want to focus on profitability or sustainability. that's what my company has always done. that has better differentiation from the beginning. let's have a sustainable, long-term business. we are separating ourselves from the pack here. if you look at our forecast for the back half of the year, we lowered titans a tiny bit. we will still be delivering 60% growth. here, elone we are musk is shaking things up. what do you think of tesla buying solar city and how is that changing the industry for you? move i think it's a good for sun run. awareness is our issue. this saves consu

for solar city, 377%. >> sounds like japan and argentina back and forth. it's interesting, you know, i tried to be bullish on tesla and it's been right for long time and it's been wrong recently. a lot of people made compelling arguments to get out of the long shares last night. dei dan nathan being one of them. the last thing they needed today with headlines about the rocket, obviously down 4%. looks like to me now, and i'm a bull in tesla. it looks like the 180 level we traded down earlier this year is right in the crosshairs. >> stay right there. for more on tesla and auto sales in general let's bring in the former vice chairman of gm. let's move aside from tesla. an interesting company and stock, i mean, they're a fraction of the u.s. car industry. i don't want to say irrelevant, but they're not far off that in terms of volume. what's your take on car sales generally? some said they didn't come in as good as expected. they still looked good, what's your take? >> i think what we're seeing is the industry leveling off at a very high level. the economic i

solar city's value has been falling fast than tess la's. elon musk has a lot on his plate right now. coming up, facebook unveils a new way to share live video. we'll talk to the former manager of facebook live that recently launched another live video streaming company that will compete with his former employer. and maddening and disappointing, he has strong words for the e.u. going after his company. ♪ emily: another story we are following, apple's fight with e.u. regulators of a tax penalty over illegal state aid from ireland. c.e.o. cook has said he's confident the company will win a court fight. here he is speaking to the irish broadcaster rte. >> it's maddening, it's disappointing, it's clear this comes from a political place. it has no basis in fact. or in law. and unfortunately, it's one of those things we have to work through. i have faith that eventually, what is just and right will occur. and i don't believe the journey to get there will will be all roses by any means. i think there will be ebbs and flows of it. but i do have fait

four separate lawsuits said tesla and solar city were dishonest about the deal. after the proposed merger was announced stock in both companies took a hit. the merger is worth more than $2 billion. financial analysts have called it an attempted bailout for solar city and tesla. >>> a court hearing is set for october 18th in which a judge could consolidate the lawsuits. >>> and opening an office in detroit, michigan. the company's announced it would be based in motor city. it came after the car project recently opened a office there. >>> new at 6:00, lunches could become a staple, not just free lunches, but gourmet free lynches. kpix 5 found out the offices, it is a famine for the food industry. >> bittersweet ties of disruption is in the air. some have left for better paying jobs in high-tech. >> this is an unforeseen effect of the tech, it's a reality. >> tech companies like google have enjoyed free or subsidized gourmet meals to keep up with their growing workforce, they have been recruiting by offering higher wages, better benefits and more working hours. >> h

((kirsten joyce)) >> plus...n-v energy reaches a settlement with solar city. how this affects solar customers. ((brian loftus)) >> and... southern nevada is under a wind advisory. sherry tells us how long it's expected to last. ((kirsten joyce)) 8 news now good day, the valley's news leader, starts right now./// ((now, live...this is 8 news now good day.)) ((brian loftus)) >>> class is back in session this morning for walter johnson junior high. good morning i'm brian loftus ((kirsten joyce)) >> and i'm kirsten joyce. the environmental protection agency deemed the school safe for students to return, this mercury scare proved costly for multiple parties. and some parents want to know... who's going to pay for it? shakala alvaranga has the latest. walter johnson junior high school re opens tuesday. but uncertainty still lingers for the kallao family.

hady: the solar city merger some people saying this is the best idea ever, this is the future, and otherple saying this is a horrible idea, both of these companies are having trouble. >> if the sec approves the merger, both boards have to vote on it on a special date. that could come as early as october. people are split on it. itcks took a deep dive when was announced. then they recovered. there is a question about bandwidth than being able to add on while they build a gig of factory and tried to launch a new car and build out their sales reserves network. watching forl be more rallying e-mails between now and then. thank you. oning up, snapchat is track for explosive growth, projected to hit $1 billion in ad revenue next year. we will hear from the analyst the wrote that report. you can listen to us on the radio, at bloomberg.com, and on serious xm. ♪ nina: let's get a check of your first word news. the un security council has strongly condemned north korea's most recent ballistic missile launches. the council agreed to "further significant measures" hours after a closed-door emergency

emily: obviously, merging with solar city, trying to get us to mars.says they are on the razors edge of a good q3. what is actually possible? >> it's all about third-quarter sales. the model three is not out yet. the question is, is anticipation of the model three cannibalizing sales of the model x and model s? what is the number they have to meet in order to show profitability? emily: how close are they to being cash flow positive? >> that i don't know offhand. quarter by quarter, it is a race to show profitability. once they start ramping up production, it is going to be difficult. this is like the first quarter of 2013 all over again, which is the only quarter tesla has had profitability so far. emily: the solar city merger had some people saying this is the best idea ever, this is the future, and other people saying this is a horrible idea, both of these companies are having trouble. >> if the sec approves the merger, both boards have to vote on it on a special date. that could come as early as october. people are split on it. stocks took a deep di

the agreement was reached by n-v energy and solar city. it will apply to about 32-thousand customers who installed or applied for a rooftop solar system before this year. the p-u-c must still approve the deal. it comes after commissioners raised rates for those customers.. causing a backlash. an effort by solar companies to but the rates on the november >>> that rate hike sparked a sharp decrease in rooftop solar here... with only about 400 new applications this year. last year there were thousands. for new solar installations... nevada still ranked fifth this year.. according to a major trade group... due to large scale projects. this plant near tonopah.. and a separate one at nellis air force base both went on-line in 2015. and n-v energy began construction on two large projects this summer./// ((brian loftus)) >> right now solar accounts energy installations across the u-s./// ((brian loftus)) next on 8 news now, the valley's news leader. ((you're watching the valley's news leader with brian loftus, kirsten joyce and over 20,000 nevadans

a tentative agreement has been reached between n-v energy and solar-city. it could restore older, more favorable rates to about 32- thousand customers who installed or applied for a rooftop solar system before this year. n-v energy has filed the settlement - and it is now pending approval from the public utilities commission commissioners raised rates for rooftop solar customers earlier this year. nv energy announced in july that it supported "grandfathering" some solar customers into the older rates. 60 years after a legendary jam- session... a popular strip show is closing. 'the million dollar quartet' at harrah's says the show's final performance will be december 4th. it's the story of that legendary night when elvis, johnny cash, jerry lee lewis and carl perkins all came together for an epic 'jam session'. 'the million dollar quartet' has been running here since february of 20-13. journey across a man in a wheelchair sets out on a mission to prove anything is possible. relief for the paleta man. the heartwarming way strangers came together to raise money

i asked jon wellinghoff, a solar city policy adviser about that before the decision was final. the decision was final. the company also has a backlog of thousands of customers who want to get solar panels. wellinghoff says they are eager to market their product to them. but what protections do customers have? and is the company healthy enough to do business here? more on that later on 13 action news. 25:15-25:26 someone (inaudible) the vehicle. i don't see it. i don't know what it looked like. it came up from behind me so fast." is rear ended from behind near tropicana and durango. so hard... he was flung from his bike. yet somehow he radioed for help 13 action news reporter parker collins is first the scene... catching a parade of first responders escorting the injured officer to the hosptial. and parker is the only one to speak with a man who came to the officer's side even before they had tropicana taped off and this is what it looked like evidence markers everywhere debris was left out here for hours as well take vo at 20:35:42 we know an officer on a motorcycle was rear end

a tentative agreement has between n-v energy and solar-city. it could restore older, more favorable rates to about 32- thousand customers who installed or applied for a rooftop solar system before this year. n-v energy has filed the settlement - and it is now pending approval from the public utilities commission commissioners raised rates for rooftop solar customers this year - saying it corrected a subsidy that non- solar customers were paying for those who had panels. solar companies fought back - but failed in an effort to bring the rates before voters in announced in july that it supported "grandfathering" some solar customers into the older rates. the heat was on all summer... and those triple digit temperatures paid off. ford country joined forces with fox five... to raise money for the "grant a gift" autism foundation. fox five chief meteorologist ted pretty - joins us live with more - from the valley auto mall in henderson. closed captioning will resume shortly very light breezes and a high of 86 degrees. we'll warm back up to the low 90

solar city has cut their forecast by 24%. you have cut it just a little.e same market. what's the difference there? i don't want you to critique your competitors. what is the fundamental difference where you are seeing a minor slowdown and they are seen a major slowdown? lynn: if you look at the market overall, 30% can sustain for the long -- for a long time. we are in the same market. when you have these huge transformation i there is a lot of capital that comes into the market and for a while when the market can be rewarding growth at all costs you may make decisions that are not long-term sustainable. when the market gets a little tougher you may want to focus on profitability or sustainability. and that is a healthy correction. that's what my company has always done. that has better differentiation from the beginning is we have been focused on customer value, let's have a sustainable, long-term business. that is why i think we are separating ourselves from the pack here. if you look at our forecast for the back half of the year, we lowered guidance a t

own investors trying to stop the mergeer between solar city and tesla. the company says the lawsuits may delay that merger. wall street probably going to wait until we hear from the fed about interest rates. you can look at those numbers. they bay lir moved on monday. the fed starts the two-day meeting today. this week is the last week of september. it's traditionally the worst for stocks. the head of walls fargo will be before a senate committee today investigating what happened at the bank to cause so many fake or suspicious accounts. wells fargo says tellers created a million and a half accounts that customers didn't want or know about. the bank fired more than 5,000 people. the bank created an incentive system to create those accounts. one former temer told "fortune" magazine that bankers became so desperate to reach sales goals to avoid being terminated, they would churn accounts. basically close down one account, reopen it under a different account number, give the person some reason as to why they did it. they got credit for that. wells fargo call

my question is regarding solar city. i really do believe in elon musk. he terms this merger as a no brainer, so my question to you, is this really a no brainer, or is he going to hit us with -- >> i got a reference at delivering alpha. he said solar city he felt basically was a company that may not even survive. that said, i was with someone last night. i took a ride in a tesla and then bought the stock. just like that. ride tesla, buy stock. as my great friend jim stewart, who is a freak writantastic wri tesla people like their tesla stock, and they don't sell. so tesla, the stock, i think you're still in a cult situation, and it's going to go higher. incredible. how about norman in california, norman? >> caller: hey, jim. big north hollywood booyah to you. >> i lived there for a while. booyah right back at you. >> caller: the reason i'm calling. i have some shared in a diversified construction company that has sizeable infrastructure and road-building division, and given the urgent need for upgrades in our infrastructure, how do you feel about fleur co

apex is going up and throw in solar city in the fold we think the cash burn could be closer to 5 billion>> too much risk for the reward? >> exactly. so many balls up in the air right now and then through in this master plan with pickup trucks and buses and long-haul trucking. there's so many things he's trying to do. we'd rather see him focus. >> so they went out and borrowed $300 million that is due next year. that doesn't seem to be enough and it puts them further up in the capital structure i'm sure than what investors are going to be like. it seems like the dead is going to choke them at some point. they're not going to have enough money, are they? >> they have their work cut out for them. it's around the leasing of the vehicles, it's about 10 to 15% of their vehicles every quarter are leased so gives them additional capacity for that. >> appreciate the time. we'll see you soon. >> thank you much guys. >>> let's trade it. >> there's much more competition coming here. we talked about competition with nike and apple. there's much more competition coming out here particularly if you loo

investors slowly seem to lose their patientce with elon musk when he decided to buy the company solar city. there was quite an outcry on wall street. now there is a payment due a $400 million. they might the short term liquidity shortage. bigger investors are not necessarily reeling. elon musk is a visionary and divisions take time. it seems to be an issue at the moment so the stock was down about 5% on thursday. kristof: difficult times for elon musk. it look at the u.s. automobile market. car sales were surprisingly weak. fresh data shows it is disappointing. >> from august, it is booming. there are indications that it might come to an end. general motors reported sales drop of a percent. and also bmw sold fewer cars. there is an indication that it might be over. kristof: thank you. here is language you don't hear often from the leader of a multinational corporation. total political crap is how tim cook describes the recent ruling against apple. they want back taxes claiming the company has abused the unusually low corporate tax rates in ireland. but the top executive claims there is mor

solar- city... the state bureau of consumer protection... and the commission's staff. customers who signed up before the rate hike took effect this year will be grandfathered into lower rates for the next 20 years effective in december. solar companies that wanted to reverse the ruling failed to get a repeal measure on november's statewide ballot - and have since settled on the regulatory solution. there's a dark force looming highway.... what this darth vader is doing on the side of the road... and using the force for good...not evil. sean up next on more access! mr. worldwide pitbull is back in vegas! not only is he sharing his big talent on stage but he's also opening his big heart tonight more is there for his slam academy official opening! rachel plus, before rockers goo goo dolls rock the house tonight at the downtown las vegas events center for a fun interview! sean and see why talk show host jimmy kimmel was left embarassed during special game of "who would you rather" on the ellen show! that and more up next on more access here's a look at some of the 'all new

his solution is to merge solar city, the home solar company and tesla motors and the big question ofis why he is losing money at solar city and how he is going to face these critics who say this is a bail-out for that company. certainly something to watch going forward. guys? >> that's really interesting about elon musk. thank you, hadley. >>> betty, the controversial republican governor of maine has declared he will not step down despite widespread criticism and vowed never to speak to the press again. after meeting with the democratic lawmaker he berate an obscenity laced voice message. he said he would not resign. >> the leaders in the senate say they're expecting to hear some sort of a plan for you of how you're going to -- >> i will tell you this -- >> change yourself going forward. >> i will be seeking spiritual guidance with my wife and my children. i will tell you this, though, to whomever it was, i'm not an alcoholic and i'm not a drug addict. and i don't have mental issues. what i have is a backbone and i want to move maine forward. >> besides seeking spiritual counselling,

----i asked jon wellinghoff of solar city about that this week. here's our exchange: play sound "...if the benefits outpace the costs." ----the public utilities commission has the final say on this, considering 11 had previously used. you can be sure both sides will lobby heavily on this after the numbers come in. an amber alert..... issued in boulder city today.... had police and f-b-i swarming what they were doing..... to keep you and your family safe. and a valley woman is heartbroken when she visited the gravesties of her son and mother. find out what happened after she turned to use when the cemetary wouldn't fix a serious i'm really good at war. i love war in a certain way. including with nukes, yes including with nukes. nuclear, just the power the devastation, is very important to me. i want to be unpredictable, unpredictable, unpredictable, unpredictable. but... no worries.... it was all a training exercise. the f-b-i is helping southern nevada police to improve their response when it comes to child abduction cases. 13 action news reporter

solar city.. and the state bureau of consumer protection. if passed, customers who applied for solar before the rate lower rates for 20 years.. the next generation of apple i-phones hits stores today. but apple says you're out of luck if you want the brand new i-phone 7 plus. it's already sold out! the smaller i- phone 7 is still available in every color, except jet black. folks around the world are already snatching up their shiny new iphones. from australia to japan... dozens of people camped outside the stores' main entrances. "it's not every time you get to be in the front of the line. it's a big hype.'' "i came here probably yesterday at four o'clock in the afternoon on a wednesday and i've been here ever since, like camping out. "i actually am not doing it so much for the phone, more the experience, i just wanted to do it for some reason." the new i-phone seven has two high-resolution cameras and wireless headphones. it comes in five colors, including rose gold. samsung is not so phones exploding, the company has recalled all its galaxy

if the public utilities commission approves a settlement between n-v energy and solar city. thanks for joining us for 8 news now at 6:30... i'm christianne klein. ((paul joncich)) >> and i'm paul joncich. the proposal would allow

i asked jon wellinghoff, a solar city policy adviser about that before the decision was final. the decision was final.