taylor: and i am taylor riggs.an listen to us on sirius york 11:30119, new fm in106.1 in boston, 99 washington, d.c. a.m. 960 in the bay area. taylor: -- julie: in the features section, the starwoods hotel points program finally merges with the marriott program in august. a lot of challenges ahead. taylor: we spoke with a reporter and really got some insight into the starwood sends and why they are not so keen on their program at marriott. patrick: marriott, which is an older company, they were sort of at the beginning of the hotel expansion in the u.s., whose loyalty program was really based on some variation on buy two get one free. you state a certain amount of nights, and you are going to get a free night. taylor: more of a value proposition there. patrick: what they call rewards, or what loyalty wonks call rewards. starwood didn't come around until the 1990's. marriott was always sort of known for a company that was good at executing on the business plan. starwood was always known as a creative company. julie:

taylor: i am taylor riggs. can listen to us on radio on sirius xm channel 119, and on am 1130 in new york, 106.1 in boston, 99.1 fm in washington, d.c. and am 960 in the bay area. jason: and in london on dab digital. in the technology section, we go to silicon valley. uber drivers, google, software engineers, microsoft testers, they are contract workers essential to business there. taylor: and they are fighting to be considered full-time employees. we got the lowdown from josh. josh: throughout tech, we have debates over who is the boss. where you have workers who have created a lot of wealth for well-known companies but according to that company don't work for them directly. whether the company says they are employed by a third-party like temp agencies or self-employed. this debate happens at uber about drivers, at amazon about warehouse workers, and at microsoft in a dispute that we've got a new perspective on through freedom of information act request about a few dozen workers who were testing apps for bugs

taylor: i'm taylor riggs.an listen to us on radio on sirius xm channel 119, and on am 1130 in new york, 106.1 in boston, 99.1 fm in washington, d.c. and am 960 in the bay area. london on dab digital. when will we see a big tech giant like an alibaba come out of europe? taylor: we see these companies in europe cashing out before they get the chance to become big enough to compete in the u.s. and china. jason: we go on a tour of the contenders. >> you haven't had a company reach escape velocity to get north of $50 billion in market evaluation and until a company does that, there will be doubters who think europe can't produce a tech company of that size. i think you still have some venture capitalists in europe who when they get a decent buyout offer from a company, may be a billion or even a few billion, they put some pressure on company founders to take that money because it looks like a good offer. really, if europe is going to produce a company with a market value north of $50 billion, it is going to have to

taylor? taylor: coming up, battle of the charts.e are calling the greenback the anti-cyclical currency. this is bloomberg. ♪ taylor: time for global battle of the charts. see all of these on the bloomberg are running g tv . take it away. >> to borrow a line from richard brasil open, if you get the dollar right, you can get everything right. getting the dollar right is not that easy. part of the rationale behind it is this chart. it is from our markets live log -- blog. they explored the series behind why the dollar does well. it could be that the u.s. is booming, fed is raising interest rates, sunny skies ahead. or on the other side of the smile, a lot of global economic uncertainty. people had a hard time separating which is the driver of the dollar this year. this chart makes a case for global economic uncertainty. it shows the dollar index against what is known as the global economic uncertainty index, which is based on news reports. i like it as a newshound. it shows how dollar strength earlier this year corresponded with an

-- taylor riggs.i am romaine bostick. a bitcoin breakout. the number one digital currency having the biggest rally in more than a month. it hit the psychologically significant $7,000 month despite of nines rejection bitcoin -- last month. i guess we will start with bitcoin. give me a sense as to what folks are thinking about with regard to this trajectory. >> this short covering rally started last week. we are up 10%, 11%. bitcoin is down about 60% over the year. it has a long ways to go to get to that $20,000 level. it has been a result of rejections of the etf. if that is the reason why we continue to selloff. as we get closer to working out the bugs, member, it is being rejected because there is concern about hacking, market mueller the nation -- market manipulation, and fraud. as soon as the bugs can be worked out, we should see that short covering rally continue to move and that next psychological level of $10,000 could be around the corner. romaine: let's turn to oil. we had a relatively bullish

taylor: and i'm taylor riggs.bloomberg market. ♪ scarlet: we are live in bloomberg world headquarters in new york over the next hour. here are the top stories we are covering on the bloomberg and from around the world. a defiant erdogan. turkish president called on his people to trust in gold as they spiral further into crisis. and the s&p 500 erases a weekly gain that took it within striking distance of an all-time high. and many of the best wall street jobs for women are not on wall street. we explore in today's business of a quality. u.s. markets closing in two hours time. let's get a check on where stocks are trading with emma chandra. it is about what happened in turkey. emma: we are seeing declines across the u.s. major indices as the concern is contagions in turkey, escalating tensions with -- causingending record lows. president or to one spoke on -- resident erdogan spoke on to occasion, but was unable to dissuade concerns. now headed for its worst day in two weeks. this is after we had been looking for a

taylor: live from bloomberg world headquarters i'm taylor riggs. scarlet: i'm scarlet fu. >> 30 minutes from the close of trading in the u.s. stocks are off session lows. scarlet: the question is what'd you miss? a mountpirals into doubt -- meltdown after the turkish president declared his defiance in the face of president trump ordering steel and aluminum tariffs. it is not the thing fault this time. analysts bring the alarm on the sector. and the way the populism sweeps across the global economy. turkey taking another hit. tensions as quitting while the said -- passes the peso. tosident erdogan told turks trust in god. his message failed to stop the bleeding. president trump piled on profits with a tweak valley to double tear offs -- tariffs. should we have seen this coming? itthe rhetoric needs to get more to this is a great place to invest, not so much retribution. we can manage our political issues. there are things -- a lot of things erdogan could be saying to say we are still open for business. we see time and again when a government focuses

taylor: u.k.panies became more pessimistic in august as concerns that brexit would hurt growth increased. business confidence slid to the lowest level since december, with both trading prospects and optimism towards the wider economy dropping. global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. i am taylor riggs. this is bloomberg. nejra: thanks so much. president trump has threatened if itl out of the wto does not treat the u.s. better. i would say the wto was the single worst trade you'll ever made. if they don't shape up, i will withdraw from the wto. nejra: another sign that the trade disputes between the u.s. and its allies are solved -- are not solved. pres. trump: it's not good enough. they do a lot more auto business than we will ever do. first of all, it is not just tariffs. to have barriers up to our cars. they would take the barriers down and charges no tax, but it is not enough because they will always sell more cars. their consume

here is taylor riggs. taylor: the u.k.g off their october deadline for a brexit deal. they hope to finalize terms of the split by the middle of november. it is an indication negotiators are struggling to make progress. the pace of talks is picking up. canada's foreign minister has joined nafta talks in washington. she faces a friday deadline. she says she is encouraged by progress made by the u.s. and mexico. trump has threatened to impose tariffs on canadian auto exports is a deal is not reached. aly could shield public debt from financial speculation and the threat of a ratings downgrade. the italian government has reached out to the ecb about such a move. in florida, voters have selected a trump republican to go against a progressive in the election for governor. ron desantis won the republican nomination. he took the lead after a vigorous endorsement from the president. he will cease tout -- he will face tallahassee mayor gillum. florida has never elected a black governor. global news 24 hours a day, on air and at tict

taylor: and i'm taylor riggs.o "bloomberg markets." ♪ scarlet: we are live and bloomberg report -- wrote headquarters. here are the top stories we are covering on bloomberg and around the world. tesla shares shoring after a lot -- soaring after elon musk says he thinks he is taking his company private. andite trade tensions geopolitical concerns, the s&p 500 within striking distance of a record high. we will take stock of the markets with morgan stanley strategist lisa shalett. a special election today of a battleground state of ohio has president and republicans pulling out all the stops to keep a previously safe seat. we have u.s. markets closing in two hours. let's get a check on where stocks are trading with abigail doolittle. days of greenple all around. the dow up for a third day in a row. the s&p 500 up for a fourth day in a row. the tech heavy nasdaq leading the way relative to those multiple days. on pace for a fifth day in a row, the best streak since the beginning of march. the boulder out after the hea

taylor: i'm taylor riggs.coin boom last month, not a comeback just yet. the number one digital currency just went below $7,000, its lowest level in three weeks. but banks like goldman could offer a boost to fund betting on bitcoin, said to be considering customer offerings for crypto. more from our bloomberg reporter. interesting, offering custody for the funds, but not the funds themselves. so maybe dipping their toes in the water without having to jump headfirst. what is your take? >> they are all taken cautious steps. but if this comes to pass, it could be a significant step forward for the growing universe of crypto funds. crypto buffs will say that they do not need a stamp of approval from mainstream finance, but at this stage they do. scarlet: do we know how far along the planning or strategizing is? is it first inning or fifth inning? whenldman created a stir they hired somebody has their head of digital assets. but throughout the year, right now, he is just famous for his man bun on the trading floor.

i'm taylor riggs, this is bloomberg. tom: taylor, thank you so much.ds, currencies, commodities, currencies front and center. futures away after a number of good days. curve flattening but not a part of the story. euro, 1.17. vix, 1.34. you don't need to memorize these numbers but turkish lira is weaker, not up to seven but getting there. .97, a newn peso, 33 number. after doing this for years, to see indian at 71, it is surreal. it is tough. it is odd. nejra: record lows for the r upee. we are on the same page with lira. weaker for a fourth day, despite moves from the central bank this week. european equities taking a turn for the worst, down six cents of 1% as we saw the s&p 500 close above 2900 for the first time yesterday. we can talk about why. 1.30 handle and strength in brent as well as wti. tom: we are showing a lot of charts. this is the jpmorgan blended emerging-market fx index, elegant and it is ugly, ugly, ugly. march, the drop, beyond elegant against the selected moving average, this plunge, the long chart, this is a huge lunch, now down t

i have it. >>> coming up -- taylor swift's huge payday.ove could shake up the music industry. ♪ eight: a bizarre twist in the story of a headless torso found in the home of a missing man. what that man's credit cards were used to buy. and it's been almost a year since the north bay firestorm and only a fraction of homes are rebuilt.. we hear from one homeowner about the construction challenges they're facing. plus three masked men break into an east bay home and demand valuables. where the frightening home invasion happened. i'm ken wayne i'm pam moore. the news -- at eight -- is next. >>> travel consideration provided by -- >>> just in case you're curious about what really is on taylor swift's brain right now, i'm here the tell you -- it's money. because the music contract that she's had for more than a decade ends in just three months. some experts believe her next contract could be worth -- $20 million. >> which is probably cushion just chump change for taylor. she recorded this concert which premieres thursday on directv. taylor reveal

i have it. >>> coming up -- taylor swift's huge payday.shake up the music industry. ♪ we are a blend of heritage, style, nature and nurture. all one of a kind. if your blend comes with hair that hates humidity, we have a blend for you. whole blends smoothing haircare. paraben free. blended with purpose. bringing rich coconut oil, a legendary smoother, together with cocoa butter, known to soften. as a whole blend, it smoothes frizz for 24 hours. blended makes us shine. blended makes us better. whole blends. by garnier, naturally. they declare love at to get. first sniff. whole blends. dogs love more, because they are more. let's treat them that way. milk-bone. doing more for dogs since 1908. >>> travel consideration provided by -- >>> just in case you're curious about what really is on taylor swift's brain right now, i'm here the tell you -- it's money. because the music contract that she's had for more than a decade ends in just three months. some experts believe her next contract could be worth -- $20 million. >> which is probably cushion

i never asked taylor to push me. i don't think i would have if i wouldn't have jumped. >> are you saying then that she was lying yesterday when she said that? >> taylor was definitely lying in her interview yesterday because i can't imagine asking taylor to push me off the bridge. >> jordan, she said that she has apologized to you many times. i know you were good friends before all this happened. how are you feeling about the charges filed against her? >> i just wanted taylor to be put away for a little bit so she can think about what she did and about her actions. >> so put away for a little bit. serving time in jail. she faces up to a year. >> yeah. >> jordan, do you also think that her family should help pay for some of the medical expenses you incurred? should there be some sort of financial penalty as well? >> i think there should be some because the bill we have definitely wasn't my fault. it wasn't needed for us to pay for it. >> are you planning to sue? >> if it gets to that point, maybe. >> jordan, talk abou

. ♪ taylor: i am taylor riggs.re is a report some tesla suppliers are concerned about getting paid. according to the wall street journal, they believe the u.s. carmaker is a financial risk. several companies have reported that tesla has tried to stretch out payments. manager run by alan howard has cut back. they are shrinking the size of their london headquarters, cutting back on space previously used as a jim, kitchen, and meeting area. this is after years of mediocre returns. the u.k. is setting out an ambitious goal for exports. announcing a new national vision to raise exports is a proportion of our gdp from 30% to 35%, pushing us towards the top of the g7. taylor: he says brexit offers britain opportunities in global trade. that is your business flash. david: thank you. president trump's acquisition that desk accusation -- accusation moved the chinese yuan higher against the dollar. shah, principal global investors global investment strategist. did president trump top bush what he wanted? seema: maybe for a da

is taylor riggs -- here's taylor riggs.r: bloomberg has learned trump administration more than double its plans tariffs on $200 billion of chinese imports. china says the issue should be resolved through talks and that threats are counterproductive. the u.s. and mexico are close to resolving one of the biggest sticking points in rewriting the north american free trade agreement. bloomberg has learned that the two countries are in the final stages of negotiating a deal on rules for cars sold under nafta. willo's economy minister come to washington tomorrow for talks with u.s. trade representative robert lighthizer. federal reserve policymakers working to keep interest rates steady when they wrap up their meeting today. that futures show almost zero chances for a rate hike today. havehairman jerome powell signaled they could take a break from rate hikes at some point. mayrime minister theresa cutting her vacation to -- british prime minister theresa may cutting her vacation short to try and gain support for her brexit plan. s

today have the privilege to introduce our keynote speaker, taylor branch. i hope taylor is here. he was sitting over here. taylor has written many books you probably have read some of them. if not you need to. of course i would be remiss if i didn't call him out being one of our great alumni from university of north carolina. he is a tar heel. taylor is also a morehead scholar. as is barbara. with his many many achievements and awards he has received is the biggest is the pulitzer prize he won and his narrative of history in the civil rights era. it's called america in the king years. so not surprisingly, taylor has a lot to say about dr. martin luther king jr. i however have a few things to say. dr. king's powerful message of fairness and inclusion has always been significantly important in my life. it's led me to be an ardent supporter of our fabulous national civil rights museum here in memphis tennessee. which is run by terry. but throughout my career at federal express which is been decades, i've hit 42 years of work with federal express yesterday. thank you. i think fred sm

taylor: francine. u.s. commerce secretary wilbur ross signaled more pain ahead unless china changes its economic system. he told fox news that the administration will create a situation where it is harder for the people's republic to continue what he called "bad practices" than it would be to reform. beijing has repeatedly pledged to respond in kind while the foreign minister said tariffs also hurt american companies. >> the u.s. is trying to put pressure on china, but we do not think such an approach will work. china is ready to speak to anybody who is ready to talk to us. dialogue has to take place on the basis of mutual respect and equality. in the u.s., a bipartisan group of senators has introduced a legislation to introduce new sanctions on russia. it includes penalties involving sovereign debt and energy projects, and requires a report on vladimir putin's assets and net worth. republican senator lindsey graham said the goal is to quote impose crushing sanctions and other measures against putin's russi

taylor is 5' 4 with brown hair and green eyes. police have been talking to her friends to try to figure out what happened. her parents are worried. >> she has a very big wide net of friends. to just drop everything and leave all her friends is completely out of character for her. honey, we love you. >> we love you so much. >> we miss you. please reach out to someone if you, can honey. >> san ramon police say other local law enforcement agencies are also on the lookout.

taylor rule estimate. bloomberg. by default, you would have a 4.95 result. there is usually an academic paper that makes some waves or gets talked about. is there anything here that will feed appetite? michael: i do not know if there is any particular paper, but the idea of what is going on in the economy, greater concentration of large super companies and most people point to the banks as a summary of what has been going on. that changes the dynamic in the economy because you have these very large companies that they are may not want to invest, may or may not need to increase productivity. the overall affect economy, wages, inflation? regulators and people at the fed are just starting to grapple with this and this is a good opportunity for them to get their heads around what we know now and plan to the future. we had somebody the other day who said this is a conference about what these guys' successors will be dealing with an monetary policy down the road. vonnie: thanks to michael mckee. this is bloomber

i have to believe that. >> reporter: paul taylor died wednesday in manhattan of kidney failure.88 years old. >> woodruff: and that's the f newsho tonight. i'm judy woodruff. join us online and again here tomorrow evenings ith mark shied david brooks. for all of us at the pbs newshour, thank you and see you soon. >> major funding for the pbs newshour has been provided by >> kevin. kevin! >> kevin. >> advice for life. life well-planned. learn more at raymondjames.com. >> babbel. a language app that teaches real-life conversations in a new language, like spanish, french, german, italiabb and more. ba's 10-15 minute lessons are available as aneapp, or onli. more information on babbel.com. >> consumer cellular. >> and with the ongoing support of these institutions: >> this prssram was made le by the corporation for public broadcasting. and by contributions to your pbs station from viewe like you. thank you. captioning sponsored by newshour productns, llc captioned by media access group at wgbh access.wgbh.org a barbkulski: i walked on the senate floor in a pair of slacks, and the sen

i am taylor riggs. this is bloomberg. taylor: thanks so much. let's talk trade. the u.s. and mexico are pursuing a new accord. president trump has called on candida to get on board or risk being left behind. terminate the existing deal. when that happens, i can't quite tell you. it depends on the timetable, but i will be terminating the existing deal and going into this deal. we will start negotiating with canada relatively soon. they want to negotiate very badly, but one way or the other, we have a deal with canada. it will be a tariff on cars were a negotiated deal. nejra: joining us from hong kong, jodi schneider. great to have you with us. walk us through the terms of what has been agreed so far in this replacement for nafta. among the terms is something they were having trouble negotiating, but it is looking at the content -- regional content of cars. they would have up to 70 pratt -- 75 percent regional content, which is something mexico and the u.s. want. this would not be a bilateral deal -- this would be a bilateral deal and not a regional agreement unless candid

smith, should spend time behind bars. >> i just wanted taylor to be put away for a little bit so she could think about what she did. >> reporter: off camera, you can hear smith pressuring holgerson. now prosecutors are charging smith with reckless endangerment, saying it is clear that taylor smith engaged in conduct which created a substantial risk of death and resulted in serious physical injury. earlier this week on abc news, smith said she was just doing what she thought her friend wanted and never intended any harm. >> she had asked me to give her a push, and i didn't think about the consequences. >> reporter: holgerson calling that fiction. >> taylor was definitely lying in her interview yesterday. because i can't imagine asking taylor to push me off a bridge. >> reporter: one push, many consequences, for all those involved. steve patterson, nbc news. >>> from ride sharing to bike sharing, there are plenty of ways to get around without driving your own car. now in dozens of cities across the country, electric scooters are giving a fun way to get to destinations. as joe fryer sho

taylor kusick was last seen six days ago.tayl early dozens oh dozens of people helped look for any possible clues. >> reporter: taylor vanished nearly one week ago leaving behind a mystery and a lot of worried friends and family. >> i want her to come home so bad. >> reporter: on this sunday morning, the family put out the call for help, and more than 60 people responded. taylor's parents say the sight of all those volunteers was a brief respite from the pain and heart ache. >> i appreciate everybody in the community's help to come help look for my daughter. >> everybody, people i don't know, people i know, people i haven't seen in years are coming together right now and looking for her. and i so appreciate that. >> reporter: taylor was last seen at a friend's house monday night. she changed out of these clothes, left behind her phone charger, and likely had just a small amount of cash. she disappeared with no electronic trace. >> just going dark and there's no phone, nothing. there's just nothing, no sign of her communicatio

taylor: the u.s.ll try to resolve one of the biggest sticking points in the north american free trade agreement. their close for rules for cars sold under nafta. delegation has arrived in washington for talks with robert lighthizer. a warning for american farmers. says they cannot expect soybean demand from other countries to fill the gap from china. they willsays continue to use soybeans from brazil unless there's resolution from the u.s. president trump says he is looking forward to seeing kim jong-un soon. on twitter, he thanked kim percent in home the remains of americans killed in the korean i am not at all surprised that you took this kind action." oil supplyc offset disruptions in the world. the increased crude production to levels not seen since they joined with the cartel to cut output two years ago. russiasays last month's production was just below the record set in 2016. global news, 24 hours a day on-air and on tic toc on twitter, powered by more than 2,700 journalists and analysts in more

right now in new york with your first word news, here is taylor riggs. taylor: the u.s.o could renew their trade talks as early as today. bloomberg has learned there have been significant breakthroughs during the past several days on two of the biggest issues, cars and energy. the u.s.'s trade war with china is about to get uglier. talks and the trump administration have gained the upper hand and are about to launch a fall offensive. last week's talks resulted in little progress for the cease-fire. the u.s. is planning new tariffs on an additional $200 billion of chinese products. beijing has vowed to retaliate. you could say that apple is trickling down on the iphone x. bloomberg has learned that the company plans to relaunch three new phones. the new phones will have a wider range of prices, features and sizes. fullyf the three will be new designs like the iphone x was last year. 's plansusk -- elon to take tesla private backed off. stooped to buy, investors he wasn't sure what support him including key backers from saudi arabia. mccain's allies and political joined in

jack taylor from wtop, what's going on?reporter: well, we're got delaysolling through on centerville, crews doing what is called emissio testing. now, our delay confined to manassas, they hlaye concluded those tests but expect slowdowns, nonetheless. also expecting activity on the district, heading through the third street tunnel. we've got a broke down vehicle. and now i'm hearing there's a van in the cente of the roadway. what a inmorn aaron, angie, back to you. >> thanks, jack. >>> it's 6:32, we want to check in with sheena with the forecast for anotherteoty day. >> oh, yeah, another hot steamy day. we'll have updates on the traffic in just a bit. this morning outside, maybe aaz little and humid. as we go through the day today, humid ang to be hot and lot like yesterday. we were in the 90s yesterday with theck sess and made it feel quite a bit hotter. today is th same thin we're starting off with temperatures in the low to mid-70s. if you wake up and walk oside you' mostly at 7:00 a.m. with sun glare on the road for you.

i am taylor riggs. this is bloomberg. francine: thank you so much. story andto our top the ruble, down sharply after the u.s. said they will issue fresh sanctions on russia for a nerve agent attack. washington expects the measures on the 22nd of this month. meanwhile, saudi arabia says they will ratchet up pressure on -- criticizingk the recent arrests. they say it could affect investment. justin trudeau says he will not change his approach. canada will always stand up for our workers and companies. we have to make sure we are protecting canadian interests in any situation. we continue to engage with the government of saudi arabia. minister of foreign affairs had a long conversation with their foreign minister yesterday and the diplomatic talks continue. francine: for more, let's get to our team on the ground. our russia economy editor joins us from moscow and and reporter from dubai. what do these sanctions mean? turned --e can concerned it will be a repeat of april. >> that is right. the sanctions are

julie: let's send it over to taylor riggs.he ceo ofning me is bandwidth, the company recently ipo'd on nasdaq. it is great to have you here. it is interesting, i would ask you why raleigh? a lot of tech companies are heading down there. >> raleigh has a vitality and energy that comes from having 50,000 students across 12 universities, 50,000 tech workers and we chose raleigh because we knew that the people there would contribute to our success. as a software company, we need talent and experience and we have both by going to rally. taylor: how does your technology -- by raleigh. taylor: i know amazon is looking for a second headquarters, so you will have to compete with them. david: leaders are in our rank-and-file. our technology increase -- includes a platform that allows any device to embed text messages and voice calls and it is fun to see applications and experiences in our own neighborhood that we power. taylor: you talk about those software applications and access to 911. how is that helping the local communities as wel

and jack taylor is here with the "first alert" traffic. before we get to him, he will fill us in on the the roads.for >> let's start with sheena parveen with the forecast. already 75 degrees here. it's going to get hotter, right? is sure it's going to feel like a sauna out there. just like yenoerday. you the humidity, it was oppressive at times, especinlly he middle. day in the afternoon. we were in the 90s and today in the 90s again. your planner for today, 75 degrees, by:00 a.m., right where we are now in the district. 10:00 this morning, we should be in the 80s for most of the area. should be in the mid-80s by then. and then as we goowards 1:00 p.m., expect it to be around 90 degrees but it will get even hotter as we go through the next two you are hoes after tha hour. another hot and humid day. the radar is dry. it's going to stay dry for most of us as we go through the afternoon. we could have an ilated shower later on. the one shower i've been watching all morningas broken part in southern portions of annual rundle county. nothing th

here is taylor riggs. taylor: the u.s. is escalating the trade war with china.t said it will start imposing 25% duties. two weeks from now. the new list includes products ch as motorcycles, steam turbines and railway cars. the trade war doesn't seem to have had an impact on china yet. exports grew faster than expected in july. imports surged. in ohio, a republican candidate backed by president trump holds a narrow lead in the special election. he has a little more than a 1,700 vote lead over o'connor. several how the provisional ballots have to be counted. it is seen as a test of the president's influence ahead of the november election. elon musk would have to pull off the largest leverage buyout in history to take tesla private. his tweets came just after a report that saudi had a stake in tesla worth about $2 billion. and disney's c.e.o. bob iger is looking past film writeoffs that led the company to miss uarterly earnings estimates. he said the new espn online service that costs $5 a month is attracting for than than forecast. powered by more than 2700 jourm

. ♪ taylor: welcome to "bloomberg businessweek." i am taylor riggs. jason: i am jason kelly.at bloomberg headquarters in new york. taylor: we have an exclusive interview with the ceo of snap. jason: we looked to air france and the turbulence it is experiencing with a new ceo. taylor: first, we take it the look -- we take a look at the u.s.-asia cover. it is all about harley and their request to recover sales.

i'm not ready. >> taylor facing one misdemeanor charge with a max numb of 364 days in jail and a $5,000tended to hurt her ever. i'm really sorry it turned out that way. >> as for jordan she says she doesn't feel the need to talk to taylor and would like her to sit in jail and think about what she did. >> the funeral for aretha franklin will be held at the end of the month. a private funeral will be limited to family and friends. it will be on august 31st in detroit. the queen of soul passed away yesterday at the age of 76. >> some people will do just about anything to get a good picture. two alaskan residents and a tourist approached some bears in an attempt to take a selfie. the bear catch at the cat my national park and preserve recorded the incident. you can see the man getting in the river. then he walks to the bears. while bears remained calm, a park superintendent said they are lucky to be alive. >> they could easily have ended up as bear lunch. >> absolutely. >> bad idea. all right. the weekend is upon us. >> finally. >> it's going to get hotter than it did today. it's not going

jack taylor is f standing melissa, with a look at the roads this moking.ll with the forecast, ready hot and steamy outside. >> temperatures in the mid to upper 70s here at 5:00 in the morning. superduper humid outside. that's no change from the way it's been forpl a c weeks. another alert day today because the flash flood watches have llbeen extended the way through today and into tomorrow morning. locally, just like yesterday, dulles airport had over an inch of rain yesterday. somepots over a inch of rain again today. and many of us will see the possibility for another inch or more tomorrow.

now j tok taylor at wtov. >>> hey, chuck, good morning. thol stormsd through and did quite a bit of damage on the beltway nea old georgetown road into the big curve. we have and accident and activity involving a tractor-trailer. we have a fuel spill as well. the left lane is getting by on the outer loop at the270 spur. two hot spots on the southbound george washington parkway just inside t beltway with a tree that fell near the park police headquarters. all lanes are closed and traffic is tur near the 14th bridge, there's a downed tree now getting the left lane by. and we had high-standing water dn the ramp of the southbound gw parkway inboun on the 14th street bridge. angie and eun, back to you. op> 4:32. and devg this morning, the state department is warning all americans traveling overseas to enroll in an emergency contact program. >> this comes after a d.c. couple was killed in a possible terror attack in ckajikstan. the two were killed just outside the country's capital. the couple washere as part of their year-long cycle trip around

however, taylor's mother believes her daughter may be in trouble. her mother says taylor only had $15, her cell phone has not been used since she vanished monday night. adding to this mystery, taylor's clothing, jogging pants, a hoody, and sandals were found on the side of her friends home. . >>> police in pleasant hill are trying to find a missing at risk elderly woman. this is 81-year-old rose hyatt, last seen about 5:00 in the morning yesterday. she suffers from schizophrenia. this is her photo. brown hair, hazel eyes. take a good look. if you have seen her call pleasant hill police. >>> homeless advocates in san jose are demanding more be done to help the people who are living on the streets. community and faith leaders staged this rally last night called house our people. outside of city hall. they want the city to do more to provide affordable housing and help people living in homeless encampments. >> we have to stand together. we have to take ownership. we have to fight for our future , for our right to exist in the city that we built . >> th