sweeney and james of the fbi and the irs. and the agents who work for them. we do many cases with them and their fair dealings and what they do is inspirational i cannot express the gratitude for the hard work they did in this case. that's assisting the united states attorney and rachel i kate move on and on they are satisfied with being public servants. thank you again. >> can they tell you for a candidate? >> coming up wednesday morning, the host of the online program they discuss the progressive presidency. then and will join us to talk about resistance and how the trump haiti left lost its collective mind. . . who waged a secret japan. abdicating overlord about how the allies land the d-day invasion. you are watching special tuesday night edition of a tv on c-span2. at the fdr library in hyde park new york, gives college professor susan dunn talked about u.s. efforts to mobilize for world war ii. she is the author of "a bleprint for war" about the first 100 days of the roosevelt administration. his 45 minute event was part of the roosevelt reading festiva

james sweeney, we see the contagion, the dynamics.atching within the international dynamics right now? >> the dollar. tom: thank you. the bloomberg dollar index, are we at a tipping point? where is the level that matters? >> i think we are behind it. the momentum in this strengthening dollar has become a problem. it is part of what is making countries like turkey at risk, the combination of rising rates in the u.s. and a rising dollar. that makes it hard to hold a marginal emerging-market asset with currency appreciation and rising yields at the moment. francine: thank you so much. we're getting more news from tencent. the top and bottom line miss is not what investors wanted to see. they missed on both sides. if you look at the gaming is this, there are more regulatory hurdles. we are hoping to hear on that from the conference call starting soon. s have grown.ment that is the first time the number is below 100% growth since the company split the segment out. if you're looking at an investor , itlook at these earnings is quite a big d

commonwealth boxing champion tommy coyle is flying connor sweeney and his family out to the united statestumn — when he fights in boston — for a once in lifetime opportunity. matt dean has the story. here's a boxer known for fighting with heart in the ring. tommy coyle has been showing heels has a heart out of it. conor sweeney is one of his biggest fanciful to recently he got to meet his hero but nobody could predict what was to follow. we started talking. he had never been on an aeroplane. he wanted to be a sports journalist. i thought, on an aeroplane. he wanted to be a sportsjournalist. ithought, hang ona minute, sportsjournalist. ithought, hang on a minute, i am fighting in america. i will have to get that on a plane and there will be reporters who need a story from hull. how about we take him out there, let him report on the story and put him on an aeroplane to get there? on my bucket list, one of the things was to fly. what did you feel when he said let's get you out to america? it was special. it means everything. because he is in a wheelchair and thinks he cannot do things. this

to invite toike the podium, bill sweeney. bill: good afternoon everybody.ristopher collins sat on a board of directors for a period of more than three years, spanning the run-up to the drug trial announcement in may 2017. collins himself was the largest shareholder. druge summer of 2017, a designed to treat multiple sclerosis had entered the late stages of a phase two clinical trial. was the only viable drug in the pipeline. this is significant in that the company value was wrapped up in the success of the clinical phaseand its subsequent three trial. on the evening of june 22, 2017 collins received in email informing him that the drug had failed its clinical trial. electronic records indicate his initial shock at having received the news. was anticipated to hold billions of dollars in value would now be the cause of significant when it lost for innate and its investors, many of whom stared -- shared a personal relationship with congressman collins. while he was bound to keep this information confidential until the results were released four days later, we

jon sweeney, bbc news. equal in xinjiang. in a statement it said: stay with us on bbc world news, still to come: securing the future for britain's golden eagles. how genetic science is helping them spread their wings. she received the nobel peace prize for her work with the poor and the dying in india's slums. the head of the catholic church said mother teresa was a wonderful example of how to help people in need. we have to identify the bodies then arrange the coffins and take them back home. parents are waiting and wives are waiting, so... hostages appeared, some carried, some running, trying to escape the nightmare behind them. britain lost a princess today, described by all to whom she reached out as irreplaceable. an early—morning car crash in a paris underpass ended a life with more than its share of pain and courage, warmth and compassion. this is bbc news, the latest headlines: a final farewell to the queen of soul. the star—studded funeral of aretha franklin has been taking place in her home city o

deputy director sweeney really cleared it, starting with this kind of new complaint basis. it is something that we can manage in our normal code enforcement process. >> ok. so, start with commissioner warshell and then commissioner walker sfj my only request for clarification, clearly there is a permeable issue when you do concrete, pavers or gravel, it's permeable. but you can still park your car on it. give always really quick idea of that discrimination between that being a permeable surface versus the use still could be the unauthorized parking on what was supposed to be a different use. >> according to the supervisor's office, i understand this is an educational matter that a lot of the people who were actually involved in these violations aren't aware of those al tern timothy mcveighs that you are talk about, that they could approach this and do nit a way that would work. >> but to the point, you know, the p.u.c. would love fit it were permeable because they have the issues with water draining. but are we getting at the issue of the front lawn or front open space. and

i would now like to invite to the podium bill sweeney. >> thank you, geoff. good afternoon, everybody. u.s. representative christopher collins sat on innate's board of directors for a period of more than three years. spanning the run-up to the drug trial announcement in mid-2017. collins himself was the company's largest shareholder. in or about the summer of 2017, a drug designed to treat a debilitating form of multiple sclerosis had entered the late stages of a phase 2b clinical trial. this drug, mis-416, was the only viable drug in the pipeline for innate. this is significant in that the company's value was nearly completely wrapped up in the success of the clinical trial and subsequent phase three trial. on the evening of june 22nd, 2017, collins received an e-mail informing him that mis-416 had failed its clinical trial. electronic records indicate his initial shock at having received the news. the drug once anticipated to hold billions of dollar in value would now be the cause of significant financial loss for innate and, of course, its investors, many

sweeney, and james rodnet of and i.r.s. and the agents who work for them.with them, many cases and fairetermination dealing and vigor with which they pursue their case is really inspirational. the prosecutors in my office, i cannot express the gratitude for the hard work that they did this case and that is assistant united states griswold, nicka e rachel cayman, tom mckay and the chief of the corruption unit. for all of these people, i could about their virtues but the important thing is they are asisfied with being known public servants, prosecutors and law enforcement agents doing their job. much.you very [indiscernible question] >> can they tell us who the candidate is? are listening to deputy assistant attorney. michael cohen, often referred to fixer,ld trump's pleading guilty to federal authorities today and appearing city courtroom. plea will mean jail time for michael cohen. felonies,ted to eight including campaign finance violations, indicating that the direction. violations came from the headline at the drudge report. that would have been donald tr

thanks to paul sweeney from princeton. road tosla is on the privatization.di arabia may be holding the keys. the latest on this bloomberg scoop, next. this is bloomberg. ♪ live from london, i'm mark barton. julie: from new york, i'm julie hyman. this is "bloomberg markets." mark: let's check in on our bloomberg first word news. >> the president of turkey says the country's economy is under siege and he expects the attacks to continue. he spoke hours after the central bank took steps to stop the lira's slide. there was no mention of raising interest rates and the lira fell to another low. looking to protect its economy from u.s. sanctions. the first deputy prime ministers says moscow will cut you a securities holdings more and its reliance on its u.s. dollar -- on the u.s. dollar. , the supreme leader says the u.s. is talking war and negotiations. he ruled out either outcome. he said when americans want to negotiate, they define the main goal and will not take one step back. president trump has signaled he is willing to negotiate a more comprehensive deal wit

mr sweeney and james i think he's just going to a series of. rubber because on as i say prosecutor and michael cohen's case talking michael guilty of very serious charges. which involved a pattern of lies and dishonesty laying out the counts against michael cohen amongst which with two campaign finance charges for the purpose of influencing the two thousand and sixteen election this is mark and leaving the court he had heard what the judge had to say and i understand the judge is set december the twelfth for sentencing for cohen and the ballot for a million dollars so that's the latest from the united states. afghan forces have launched a furious air assault in kabul off the rockets were fired at the presidential palace during celebrations president donnie was giving a holiday message to the nation and a live broadcast when he was interrupted by the boom of rockets says it was behind the attack but a smith has this report. afghanistan's president might have been hoping for a quiet start to the eat out holiday but as ashraf ghani reviewed his tr

hart says to his press secretary, kevin sweeney, this is never going to end, is it?know better than i, senator. hart says, let's go home, let's just go home. >> former senator gary hart is expected to appear momentarily at a denver hotel room where he is expected to withdraw from the presidential race. there's hart, and lee. >> under the circumstances, this campai campaign cannot go on. i refuse to submit family and friends and innocent people and myself to further rumors and goss gossip. it's simply an intolerable situation. >> less than a week after the story broke, tom watched what his reporting had brought. >> the news room outside the office was watching it on the tvs there, and -- i'm sorry -- i get emotional -- the news room broke into applause. i was feeling quite devastated, i think, that this was the result. i didn't have any second thoughts about whether we had done the right thing, but i think i realized then that the stakes involved, you play at that level, it's serious, and it's not something that you cheer about at the end. it's not -- sorry. i've been

i would like to invite to the podium bill sweeney. >> melissa: that was the u.s.rom the southern district of new york and he was explaining the case against congressman chris collins, republican from new york, who has now been charged with insider trading. both tipping and then also lying to the f.b.i. was on the board of a company called innate, who had a single drug, m.s. drug. he found out as a board member through an e-mail from the c.e.o. it had failed drug trial. it's then alleged that he tipped off his son. and the chain of evidence vents went on from there. josh, they showed how he will lay out the case. he tried with chain of events and what happened afterwards to make it that a jury would conclude it had to be that he told the son what had happened there. and that then the tipping went on from there and he went on to lie to the f.b.i. with the martha stewart is a case everybody is familiar with, most people was familiar with. she was in the end found guilty of lying to f.b.i. they couldn't prove what was on the phone call. the essential thing here is the

to my left is my good friend william sweeney, the assistant director in charge of the fbi's europe field office. to the far left is the special agent in charge of the fbi new york office criminal division. the fbi's work on this case was spectacular, and i want to thank them for their professionalism and dedication. we work with the fbi on so many important cases, and it is always privilege. is stephanief bill and steve, who are codirectors of the sec's division of enforcement. i want to thank them and the sec for their hard work on this matter. last, i want to acknowledge and thank the career prosecutors in my office handling the case. to my right is max nicholas, damien williams, bob allen, scott hartman, and the cochise -- co-chiefs of our securities and commodities fraud task force. who bysman collins, virtue of his office helps to write the laws of our nation, acted as if the law did not apply to him. the charges today demonstrate once again that no matter what the crime, and no matter who committed it, we stand committed in the pursuit of justice without fear or favor. i would now

i would now like to invite to the podium bill sweeney. >> thank you, geoff. and good afternoon, everybody. u.s. representative christopher collins sat on innate's board of directors for a period of more than three years, spanning the run-up to the drug trial announcement in mid-2017. collins himself was the company's largest shareholder. in or about the summer of 2017, a drug designed to treat a debilitating form of multiple sclerosis had entered the late stages of a phase ii clinical trial. this drug, mis-416, was the only viable drug in the pipeline for innate. this is significant in that the company's value was nearly completely wrapped up in the success of the clinical trial and a subsequent phase iii trial. on the evening of june 22nd, 2017, collins received an e-mail informing him that mis-416 had failed its clinical trial. electronic records indicate his initial shock at having received the news. the drug, once anticipated to hold billions of dollars in value, would now are the cause of significant financial loss for innate and of course its investors,

sweeney andank mr. james of the fbi and irs and the agents who work for them.we do many cases with them and their determination and fair dealing, and vigor with which they pursue their case is inspirational. to the prosecutors in my office, i cannot express the gratitude for the hard work that they did in this case. as well as negative states attorneys and atomic a as well as the deputy chief of the public corruption unit and russell capone, the chief of the unit. for all of these people, i could go on and on about their many virtues and talents. the one important thing is that they all are satisfied with being known as public servants, prosecutors, and law-enforcement agents who are doing their job. thank you very much. scarlet: the deputy was attorney there wrapping up his attorney -- wrapping up hi statements of the prosecution of michael cohen on a charges. he said the charges are very serious and significant and he will pay a very serious price for what he did. isadded that the cohen unique in many ways, but it shows ultimately the rule of law applies. i w

here with more from princeton is paul sweeney. give us a sense of how big of a deal this is.is material affect netflix's outlook going forward? >> i don't think so. the stock price is not really moving today. often when you have a c.f.o. announce they are leaving the country -- company, that is typically a negative for a company. it suggests there may be something wrong in the accounting. there is none of that in this case. this appears to be an orderly transition for the company. david is going to stay around until they find the replacement. i am very confident they will have no problem finding and a-list quality c.f.o. joe: nonetheless, netflix has a very aggressive financial strategy. there is a lot of netflix debt, that.of concerns about watching the debt is one proxy on the company. tell us about the financial approach he constructed at netflix. >> the financial model of netflix is one they described as a virtuous circle, which is invest heavily in programming, that will drive subscriber growth. increasing subscribers will drive revenue and ultimately cash flow which wil

sweeney and robnett of the fbi and irs and the agents who work for them. we do many, many cases with them and their determination and fair dealing and vigor with which they pursue their cases is really inspirational. to the prosecutors in my office, i cannot express the gratitude for the hard work that they did in this case and that is assistant united states attorney andrea griswald and tom mckay, the deputy chief of the public corruption unit and the chief of the public corruption unit. for all of these people, i could go on and on. john: the prosecutor loves to hear himself talk. he's going the talk for some time at length about the righteousness of the fbi and government administration. i guess he's forgetting a few years of j. edgar hoover. i want to break this down a little bit here because the 2012 to 2016, there was the tax evasion. i'm joined by liz peeke because all this is not associated with the president. i don't want to diminish this whatsoever but it was supposed to be about russian collusion. >> whatever happened to that? john: that's right

sweeney and james rodna of the fbi and the irs. and the agents who work for them. we do many, many cases with them. and their determination and their fair dealing and their vigor with which they pursue the cases is inspirational. to the prosecutors in my office, i cannot express the gratitude for the hard work that they did in this case. and that is assist the united states attorneys griz wold and maman and mckay and the deputy chief of the public corruption unit and russell capone, the chief of the public corruption unit. for all of these people, i could go on and on about their many virtues and talents but the one important thing is they all are satisfied with being known as public servants, prosecutors and law enforcement agents who are doing their job. thank you very much. >> can they tell us who the candidate is? >> all right. there you have the deputy u.s. attorney for the southern district of new york in manhattan right there. robert kuzani saying michael cohen pled guilty. unlawful campaign contributions in his words and he will pay according to the deputy

i'm savannah sweeney from raymond, new hampshire southeastern new hampshire. my biggest -- if i could say one thing about my experience being in a coalition and the work i've done is that youth vice is vital in order to work on prevention. youths are going to listen to other youths more than to adults because they can connect to their peers so by empowering and educating these youth that are involved with the coalition also getting more people involved with the coalition through community events and such, those things are so important because then we're able to give to our peers who may not have been involved with the the coalition and we can break social norms and tell them that drinking and marijuana use is not just a rite of passage we have to go through. there are so many other options and coming from new hampshire we have an opioid crisis so although we are working directly with that, we are very certain that if we keep working with alcohol and marijuana prevention with teens, that is really where we're going to find a start to fight the opioid crisis. al

sweeney and james robned of the irs and the agents who work for them. we do many cases with them. and their determination and their fair dealing and their vigor with which they pr suh their cases is really inspirational. to the prosecutors in my office, i cannot express the gratitude for the hard work they did in this case. assistant united states attorneys andrea griswold and nick roose and tom mckay as well as the deputy chief of the public corruption unit and russell capone, the chief of the public corruption unit. for all of these people, i could go on and on about their many virtues and fanlts talentalents are satisfied with simply being known as public servants, prosecutors and law enforcement agents who are doing their job. thank you very much. >> that was robert kazami. he is the deputy u.s. attorney for the southern district of new york there. you heard him lay it all out. but there's a big sort of meatball hanging out there on the plea deal. we all know what michael cohen -- what the government has essentially offered not to do now and what michael cohen has offered in e

live in oakland, terry sweeney nbc area news. >>> thank you. what turned out great night ended up with a car crash. all graduated and one lasz night together before heading off to college. however, the 18-year-old behind the wheel had been drinking causing her to veer off highway 24 early sunday morning flipping onto a city street below. a 17-year-old and a 18-year-old were killed. >> not just two kids lost their life. five kids lives are changed forever. i'm going to miss my best friend. i'm going to ms. meissen. >> reporter: that is the mother of one of the boys. the driver and two other teens in the car still in the hospital recovering from serious injuries. the driver could face felony manslaughter and multiple felony dui charges. >>> it's nearly a month and molly tibbitts is missing. tibbitts is a student at the university of iowa. last seen jogging the evening of july 18th small town of brooklyn, iowa. the finding mollie website has an interactive map to help jog people's memories and a link to give anonymous tips. the reward is up to $33

sweeney, ii, of indiana, to be united states district judge for the southern district of indiana. mr. mcconnell: i send a cloture motion to the desk. the presiding officer: the clerk will report the motion. the clerk: cloture motion. we, the undersigned senators, in accordance with the provisions of rule 22 of the standing rules of the senate, do hereby move to bring to a close debate on the nomination of james sweeney of indiana to be united states district judge for the southern district of indiana, signed by 17 senators as follows -- mr. mcconnell: i ask consent the reading of the names be waived. the presiding officer: without objection. mr. mcconnell: i move to proceed to legislative session. the presiding officer: the question is on the motion. all those in favor say aye. all opposed say no. the ayes appear to have it. the ayes do have it. the motion is agreed to. mr. mcconnell: i move to proceed to executive session to consider calendar number 692. thethe presiding officer: the question is on the motion. all those in favor say aye. those opposed say no. the ayes appear to h

sweeney.hat's just another thing that's fading away that young people like you will never get to experience, like sending a fax or paying for pornography. so i want to do something about it. i want to give the younger generation tonight a shot at experiences that will soon be gone forever. and it starts right now. do we have millennials in the audience right now? you're not millennials. you're not a-- are you a millennial? are you a millennial? come with me. come with me. come on. you're a millennial. there we go. we have to go back down here. come on. this is-- hold on. this right here, this is-- we call this the bill murray door, okay. because he used to come in and out of this door a lot. do you know who that is? >> yeah. the wes around movie s. >> stephen: yeah, from wes anderson movies. you're definitely a millennial. what's your name? >> christine. >> stephen: christine. are you from new york? >> no, i'm from missouri. >> stephen: oh, okay, the show me state. >> yeah. >> stephen: how are

either senator sweeney and orho last few days bold measures to fix the fiscal issues we have in new jerseybold change. >> dana: president trump's tax cuts are something that obviously it's helping fuel out economic boom that we have. new jersey wasn't all that happy because it stripped the new jersey residence from being able to claim some of that back on their taxes. where do you stand on that now? >> i will tell you, the overall tax bill is outstanding for the economy like you put out. look at the economic growth we are having. put companies on level playing field create jobs in the united states specifically in new jersey. but the top end of the tax bill, the cap on state and local tax deductions is bad for new jersey because it's leading to an outmigration of some of the highest earners the most creative entrepreneurs we have. we need to fix it that's one of the things i want to do in washington is say overall tax reform was good but the part of the salt deduction was very bad for new jersey and we need to make amendments. >> dana: isn't that new jersey's fault. >> i agree with you one

as you mentioned before, we'll have a briefing with the fbi assistant director, bill sweeney, and u.s. attorney general berman who sis a trump appointee. but the indictment is very specific. to your question, stephanie, when you have this level of information, and when you have this level of detail contained within an indictment, i think for people that read it, they kind of look at it and say, okay, the evidence here is pretty strong. and while everybody is innocent, you know, assumed innocent here in the united states, sometimes the evidence is so much that i think speaker ryan and his people were probably looking at that and saying, this person has a problem here. >> the evidence is so strong, i feel like i'm missing something. chris collins, his son, his fiance, his fiance's father. i want to know who's going to be paying for the wedding after this. nick, given how clear-cut the evidence that we seem to have is, how serious is this? because usually an insider trading case, people go to great lengths. eamon javers mentioned it earlier, burner phones, middle men that are complete st

we are honored to have clem's wife, mary sue sweeney-price and many of their family members joining us here today. mary sue was also a civic leader in newark and proved -- provided more than 20 years of extraordinary leadership at the helm of the new york museum before she retired in 2014. it is my pleasure to welcome mary sue to the podium. so help me in welcoming her. [ applause ] >> you can see in newark we all love each other. and for those of you who did not know my husband clement price, i have to say that he probably was never happier than with surrounded by his fellow historians, making his contribution to the long journey that created this museum. our dear friend museum director lonnie bunch who has begun a well deserved sabbatical realizing that he couldn't be here with us today wrote me the following: mary sue, just wanted you to know that i am thinking of you and smiling whenever i think about clem. i miss him so much, but i feel his presence everywhere in this museum. i feel so blessed to have had clem in my life. thank you, lonnie. and how true that is. this museum, the n

sweeney, and james rogner of the fbi and the irs, and ages who work for them. we do many, many paces for them. their determination and their fair dealing, and their vigor with which they pursue their cases is really inspirational to the prosecutors and my office. i cannot express the gratitude for the hard work that they did in this case. that is united states attorneys adria griswold and rachel maiman and tom mckay, as well as the deputy chief of the public corruption unit, and russell capone, the chief of the public corruption unit paid for all of these people, i could go on and on about their many virtues and talents. but the one important thing is that they all are satisfied with simply being known as public servants, prosecutors and law enforcement agents who are doing your job. thank you, very much. >> all right, that was robert. he was the lead prosecutor against michael cullen. i believe we still have bret baier. i'm sorry that we interrupted you twice. from the message from the lawyers. this is one for the record books. i will let you comment on what y

sweeney and james rodnet of the fbi and the irs and the agents who work for them. we do many, many cases with them, and their determination and their fair dealing and their vigor with which they pursue their cases is inspirational to the prosecutors in my office i cannot express the gratitude for the hard work that they did in this case and that is assisting the united states attorneys andrea griswald and rick gruss, and rachel, and the deputy chief of the public corruption unit and russell capone, the cheap of the public corruption unit. for all of these people, i can go on and on about their many virtues and talent, but the one important thing is they all are satisfied with simply being known as public servants and prosecutors and law enforcement agents who are doing their job thank you very much. >> new york attorney robert kazami there in lower manhattan. an incredible confluence of events, two men within the space of an hour have been found guilty of federal law and both will be going to federal prison. for more, let's bring back in editor-at-large john harwoo

mary sue sweeney price was also , andic leader in newark provided more than 20 years of extraordinary leadership at the museum beforewark she retired. it is my pleasure to welcome mary sue to the podium, so please join me in welcoming her. [applause] mary sue: you can see in newark we all love each other. and for those of you who did not know my husband clement price, he probably was never happier than when surrounded by his fellow historians, making his contribution to the long journey that created this museum. our dear friend, museum director lonnie bunch, who has begun a well-deserved sabbatical, realizing he could not be here with us today, wrote me the following. "mary sue, just wanted you to know that i am thinking of you and smiling whenever i think about clem. i miss him so much, but i feel his presence everywhere in this museum. i feel so blessed to have had clem in my life." thank you, lonnie. and how true that is. this museum the national museum , of african american history and culture was the apotheosis life as a public historian, whether it be documentaries or museum exh

polly sweeney is the solicitor who represented the boy's family in this case, and elizabeth harris ischer. so people understand about the circumstances, what happened ? so people understand about the circumstances, what happened? alan was an 11—year—old boy at the time with a diagnosis of autism and anxiety. during the course of his education he found certain events particularly distressing and as a result he displayed behaviour which can be considered physically aggressive perhaps. the school took aggressive perhaps. the school took a decision to exclude him from school this is a mainstream school. yes. they took the decision to exclude him, but because of a particular rule under the equality act, my client did not have protection from discrimination. he had no practical way of challenging that decision. the case was looking at this one particular rule under the equality act on whether that will was there and correct and ultimately the judge decided it was not and that it breached my client's human rights. this exclusion was temporary, a day and a half i think. but these kind of temp

let's bring in paul sweeney, and, paul, the reason we await them is not because the second-quarter resultsbe telling one way or another, it is about what happens to the chief executive. his fate is so tied to the company. paul: it really is. he is facing workplace allegations and it is a huge issue for cbs. when you think of cbs, you think of les moonves, and vice versa. he really is critical to not only the strategy of the company that also the day-to-day operations. scarlet: cbs just reported. $1.12 which is a penny higher than what analysts anticipated. threee for the quarter is $.47 billion. a touch higher than the billion. of $3.46 second-quarter entertainment billion.as $2.37 that was in line with what analysts are to survey to -- that is in line with what analysts anticipated. julie: here's les moonves in a statement making comments and giving us a number of different metrics. he says the company is performing well and he says each of our three revenue types enjoyed a solid growth. he said subscription fees led growth. we continue to see healthy gains in digital platforms. he is als

fory: paul sweeney bloomberg intelligence. thank you for that. can read about cbs in bloomberg businessweek international edition. it is time for the bloomberg business flash. rose the kraft heinz most in a year and a half at one point. the food company reported quarterly sales and profits that topped estimates. there is any report that kraft heinz started for library talks with campbell soup's about a deal. bloomberg has learned kraft heinz has narrowed that list of bidders from $1 billion portfolios in the businesses it is selling. -- posted their biggest profit since 2011. rising food prices offset sales disruptions by truckers strikes. they also cited progress in cutting debt is the most -- that is your business flash update. next, chinang up steps into a the struggling yu -- aid the struggling yuna. an. this is bloomberg. ♪ amanda: this is bloomberg markets. shery: china is stepping in. the people's bank of china israel imposing a requirement that makes it more expensive to bet the yuan will weaken against the dollar. george lay. welcome we

you are listening to all of this into your colleague james sweeney, the idea that we have to readjust the top line. i remember honeywell did a person of organic -- 8% of organic revenue. do you assume the top line comes in? jonathan: they are changing their business models. if you have a weaker trend growth, if you believe that the gdp,r term trend is 2% companies want to lower their capital intensity and focus on services, the software models out of tech companies dominate and it changes the nature of the way these companies operate. u.s. companies do a great job of that. non-us companies are not adjusting as well. , somethingh lira we're watching this morning. steven ricchiuto with us and jonathan golub. we have got an equity guy, and economic sky. speaking of economics, do the math. kocherlakota, the university of rochester in the 8:00 hour. this is "bloomberg." ♪ tom: the beginning of the diplomatic season in september and a busy october. that would be the president of france speaking on foreign ,olicy and he speaks on turkey turkey unraveling this morning, not trading for days. a

sweeney ii, of indiana, to be united states district judge for the southern district of indiana. the presiding officer: the question is on the nomination. all in favor say aye. all opposed say no. the ayes appear to have it. the ayes do have it. the nomination is confirmed. under the previous order, the motion to reconsider is considered made and laid upon the table and the president will immediately be notified seafnt'. under the previous order, the question occurs on the following nomination, the clerk will report. the clerk: susan paradise baxter of pennsylvania to be united states district judge for the western district of pennsylvania. the presiding officer: the question is on the nomination. all in favor say aye. all opposed say no. the ayes appear to have it. the ayes do have it. the nomination is confirmed. under the previous order, the motions to reconsider be considered made and laid upon the table, and the president will be immediately notified of the senate's action. under the previous order, the question occurs on the following nomination, which the clerk will report

sweeney,s bill assistant director in charge of the new york field office of the fbi. and james, who is the supervisory agent in charge for the new york office of the irs. also with me are the prosecutors from the united states attorney's office in the southern district of new york. who prosecuted the cohen matter. i will have a brief statement and will not be taking any questions. heard, michael: pled guilty to eight felony charges, five of those dealt with tax evasion for the years 2012 through 2016 in which he failed to report approximately $4.1 million and reported income. approximately $2.5 million of that money was from interest payments from a personal loan that he failed to report, approximately $1.3 million of that money was from the operation of his taxi medallion business, approximately $100,000 of that money was from brokerage commissions, and over $200,000 was from consulting fees. that is over $4.3 million over a period, which translates into a loss of the united states treasury of approximately $1.3 million. in addition, in counts six, mr. cohen pled gui

sweeney and irs and thef the agents that work for them. we do many cases with them and their determination and their fair dealing and their vigor with which they pursue their cases is inspirational. to the prosecutors in my office, i cannot express the gratitude for the hard work that they did in this case. that is assisting the united as well as thes deputy chief of the public corruption unit and the chief of unit.blic corruption for all of these people, i could go on and on about their many virtues and talents, but the one important thing is they all are satisfied with simply being known as public servants, prosecutors and law enforcement asians doing their job. thank you very much. -- and law enforcement agents doing their job. thank you very much. [captions copyright national cable satellite corp. 2018] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] on the c-spansday networks, on c-span at 10:30 a.m., the senate rules committee holds a meeting mar

with me is bill sweeney, assistant director in charge of the new york field office of the fbi and jamesodnatz

sweeney,s bill assistant director in charge of the new york field office of the fbi. and james,

sweeney and james robin and of the fbi and irs. and the agents who work for them. we do many cases with them. they are -- of their determination and fair dealing and their vigor with which they pursue their cases is really inspirational. to the prosecutors in my office, i cannot express the gratitude for the hard work that they did in this case. that is assisting the united states attorney, andrea griswold, and rachel lehman, and tom mckay. as well as the deputy teach of the -- deputy chief of the corruption unit. for all of these people, i could go on and on, but their many virtues and talents. but the one important thing is are satisfied with simply being known as public servants, prosecutors and law enforcement agency were doing their job. thank you very much. senate intelligence committee leaders richard burr and mark warner were together for a statement on michael cohen 's guilty plea. >> the vice-chairman and i have it statement as it relates to michael cohen. we will not take questions after this. we obviously have followed today's reporting about michael co