♪ taylor: welcome to "bloomberg businessweek." i'm taylor riggs. jason: i'm jason kelly.e are joining you from bloomberg headquarters in new york. taylor: how technology is changing the most basic component of business and finance. that is money itself. jason: cannabis used to be illegal. now it is investable. taylor: first, we have a bloomberg exclusive. steve bannon slams nikki haley's decision to announce her resignation earlier this week. jason: and specifically, her timing ahead of the midterm elections. steve bannon sat down in london. i was in the room what john micklethwait. here is what he had to say. steve: i think the timing of it is very suspect. i have been out with these congressional house races. if president trump -- i've called this for many months for this to be his first reelect. if he loses the house of representatives, he will be impeached. they will bring impeachment hearings immediately. it is imperative that we keep the house. john: virtually every pollster would tell you that looks highly unlikely. steve: we went from 60 seats down to 30. now i th

the other thing, taylor. when you start to -- we talked on taylor the other night to go to the theater and when you start to take the streets away from cars you see all kinds of benefits to the businesses on the streets. you make the streets more pleasant to walk. i don't have to hustle my wife past some of the bad things that happen on taylor. so all this could happen while you are trying to go transit first. >> chair c. brinkman: thank you. do i have any more public comment on this item? we've got one or two more. please come forward. if you could both stand up so we can get to you efficiently that would be lovely. thank you. >> my name is lewis lano with -- foundation. center of social justice and advocacy. i just want to say we are in support of the taylor street project. we are definitely thankful for the collaborative efforts with sfmta and the other community organizations. they have been empathetic and we look forward to working with them moving forward. >> chair c. brinkman: thank you, mr. solano and

taylor: i'm taylor riggs. you can listen to us on the radio on siriux xm, channel 119.new york, 106.1 in boston, 99.1 f.m. in washington, d.c., and a.m. 960 in the bay area. jason: also in london on dab digital, and of course on the bloomberg business app. reported, bloomberg chinese hackers implanted tiny microchips in the services that may their way into data centers of some of the world's biggest companies, including amazon and apple. supermicro, the company at the heart of this hack, are disputing the reporting. taylor: in an exclusive interview with caroline hyde, reveals howa microsoft is protecting itself against such attacks. satya: when it comes to operations security, software supply chain, it is all about every day being in practicing. in that case, we are confident we had no exposure. but we are constantly, we have a lot of people dedicated to it, a lot of technology dedicated to it, a lot of rigor and process dedicated,. think thedo you legislative agenda is where it should be? regulation is where it needs to be when it comes to privacy of individual data a

taylor. rep. taylor: good afternoon and thank you to the chamber for having us. thank you for having us in this beautiful hotel. it is an honor to represent all of you. a couple years i was walking through the capital. i was lost. i am lost all the time still. i looked up at the ceiling. there was a quote. " said "you are the rulers and , the ruled." when you think about it in the context of democracy, it is very powerful. i am always mindful in this position, you are my rulers. a couple of years ago, i told you that i would work to rebuild our military. we have done just that. agold you a couple of years there was going to work to take care of our veterans. we have done just that. i told you couple of years ago that i would work and vote in a way to ensure that we can thrive in this economy and that is exactly what is happening. i told her that i would work across the aisle. and we have, every single bill i have introduced has a democratic cosponsor. i told you i would be an independent voic

walking on taylor. and on howard street in the last five years we have seen 76 people get injured. i can keep quoting the statistics but we know there are real faces and names and families and communities and friends that are forever impacted by these serious injuries and fatalities we see on our street. gregory blackman, age 65 who died at the intersection of taylor and terk just two months ago while riding his bike. ernesto died last month at 9th. kate flaherty. these are three out of the hundreds of people with real names, real family, real friends. this is what we could do by improving the safety on our streets. i'm coming to ask the board of directors for your strong support again for safety improvements throughout our district. finally, i want to thank the sfmta board, our director ed reiskin, tom mcguire and livable streets staff, and this board. it's not easy work and in fact there's always a lot of conflicts and priorities and i think it's important for us to prioritize the lives of our residen

president, what do you think about taylor swift's -- what's that? taylor swift?you something, i know all about this issue from my briefings i read in united states weekly. and, look, i know right now there are conservatives out there who are pro taylor swift and are feeling conflicted at this moment because she has endorsed the democrats, and to them i say, if you're a real taylor swift fan, you know what you've got to do. shake it off. we'll be right back. ( cheers and applause ) -these people, they speak a language we cannot understand. ♪ [ telephone ringing ] -whoa. [ indistinct talking ] -deductible? -definitely speaking insurance. -additional interest on umbrella policy? -can you translate? -damage minimization of civil commotion. -when insurance needs translating, get answers in plain english at progressiveanswers.com. ♪ -he wants you to sign karen's birthday card. it's a high honor. -he wants you to sign karen's birthday card. what supdave? classic, dave. [ crunch] uh oh... [dave!ps worth it. doritos blaze. a bold flavor that brings the heat. cle...is a ha

we'll see if taylor swift has political coattails. >> taylor likes to speak for herself.. she picked her moment. this is it. >> reporter: swift now walking a delicate line. we may find out if she has any more to say, and soon. she's the opening act in this week's american music awards. >>> next, the perfect setting for the perfect instagram. are these playgrounds just smart marketing? ♪ ♪ i don't care where we go ♪ and i don't care what we do ♪ just take me with you there are roadside attractions. and then there's our world-famous on-road attraction. the 2019 glc. visit your local mercedes-benz dealer for exclusive offers. thanks to move free ultra 2in1... i keep up with this little one. see the world with this guy. and hit the town with these girls. in a clinical study, 4 out of 5 users felt better joint comfort. move free ultra. movement keeps us connected. with all the shrimp you want, any way you want them. tryhicrusted hy fiesta shrimp, d topped wcr ble of three cheeses. are back,. so hurry in before endless shrimp ends! and i don't add up the years. but what i do co

president, what do you think about taylor swift's -- what's that? taylor swift? something, i know all about this issue from my briefings i read in united states weekly. and, look, i know right now there are conservatives out there who are pro taylor swift and are feeling conflicted at this moment because she has endorsed the democrats, and to them i say, if you're a real taylor swift fan, you know what you've got to do. shake it off. we'll be right back. we'll be right back. ( cheers and applause ) a wise man once said, "friends go together, like chips and salsa." that man... ...was me. i said that! no i said it. you're right, you did. i get us mixed up. get together already, with tostitos. get together already, are yoget in.ready? get in. get in. get in. get in. wait, scoot over! scoot over! ahhhh! ♪ boys, we gotta back up, just a little bit, back up... back up...back up... stay in the frame... stay in the frame... willow, just stay in the frame! hey, mitch, could you ah... ...scootch in? i'm trying to take a selfie. wait, one sec... whoa! smile! ♪ 60% of women

taylor described herself as mother of snakes. >> taylor swift. >> taylor swift. >> taylor swift. >> swifton four amas putting her total at 23 and breaking the record for most wins. >> i'm looking forward to the next chapter. >> and taylor doubled down on her plan to get out the youth vote. >> get out and vote. i love you guys. >> and speaking of empowerment. jlo released her new girl power song "limit less". >> the message is there's no limit for women. >> it is. the only thing holding you back is you. and the jaw dropping expression was the same for all of us when cardi b performed. she won three awards. >> they said i wasn't going to make it after i had a baby. >> speaking of hot mamas carrie underwood was glam and absolutely gorgeous cradling her little baby bump. we'll break down all the night's fashio w got some news about another powerful mama jennifer garner, but jen is finally making time for a love life. >> newly divorced jennifer garner is dating and quote loves it. the glowing 46-year-old mom of a source tells "e.t." she is being very selective and quote seems to be staying far

taylor, two minutes. sequestration, as everyone very negative impact on the hampton roads economy and it's only now beginning to recover. need tops do you think be taken -- that the federal government can take to ensure regionb creation in this can begin to accomplish what so many of the people in this room want to see? have two minutes? so sequestration was something that i told you that i was going to work at opposing. i told you i was going to try to get congress back to regular order. bar, butis is a low for the first time in 22 years, congress has passed the appropriations and authorization for defense. that's because of veterans and congress -- freshmen congressmen who worked really hard, opposed to leadership and what their mind-set was. we were able to get the sequestration pushed back. get regular to order this year which helps our maintenance and readiness and training. get us back on a cycle rng because once you defer ship has a cascading negative effect. it increases the time for deployments w

taylor, good luck to you.way, he plans on expanding that league around the country and i've got no doubt he will be successful. >>> my friend and colleague andrea mitchell is standing by because . >>> supreme battling- >> the way they tortured him and his family, i thought it was a disgrace. i thought it was one of the most disgraceful performances i have ever seen. >> i think that the politically expedient vote here was a yes vote. >> why not, then? >> because this isn't about politics, this is about a lifetime appointment on the supreme court. >>> bench pressed. two days after brett kavanagh's swearing in, the president takes a victory lap in prime time tonight at the white house. >>> and the critical vote, senator susan collins explains why she voted yet. >> i believed that a sexual assault had happened to her. what i think she's mistaken about is who the perpetrator was. i do

taylor says that she fears what will happen if he is released and she won't be silenced.mary taylor/victimver reoffend's, i will feel like a failure." (vicki) the hearing is scheduled for friday -- mary taylor says she plans to be there protesting. (ken) now to our four zone forecast. you're looking live at the golden gate bridge.(pam) kron-4's chief meteorologist lawrence karnow joins us with a look ahead lawrence karnow: hurrican michael is headed toward florida as a category 3 storm. it's a major storm and should make landfall tomorrow. there was plenty of sunshine but slightly cooler temperatures today, highs were in the 70s and low 80s inland and 60s and patchy fog at the coast. high pressure will weaken a little more tomorrow and temperatures in the 70s inland with 50s a t the coast. it will warm up this weekend with offshore still ahead at 8 gunfire erupts at high school football game. what a 22 year army veteran did next that has some calling him a hero. plus. dangerous moments when a car plows into a nail salon. what the driver says happened. and next. neighbors furious over a ram

here is taylor.of state mike pompeo had what was described as a testy exchange in beijing. pompeo says fundamental disagreements. of meddlingthe u.s. in china positivist domestic affairs. in south africa, the finance minister has asked to be relieved of his duties. nene asked the president to replace them. he is under pressure after exposing he met with members of the zuma family. they up and implicated in a scandal. it is the deadliest accident since 2009. federal officials are investigating the crash in upstate new york that killed 20 people. the limo was speeding on the way to a birthday celebration when a loss control. all 18 people in the limo were killed, along with pedestrians. spacex is having the type of success that eluded him at tesla. the 17th launch of the year inserted an argentine satellite into orbit. the first stage landed at california. completed 18 missions last year and is on track to exceed that in 2018. global news 24 hours a day and at tic toc on twitter, powered by more than 2

by the way, taylor swift. remember, i'm going to let you finish, taylor. >> mm-hmm.e start, the c-class was ahead of its time. [ indistinct radio chatter ] still, we never stopped making it stronger. faster. smarter. because to be the best, is to never ever stop making it better. introducing the new c-class. visit your local mercedes-benz dealer for exclusive offers. and i'm the founder of ugmonk. before shipstation it was crazy. it's great when you see a hundred orders come in, a hundred orders come in, but then you realize i've got a hundred orders i have to ship out. shipstation streamlined that wh the order data, the weights of , everything is seamlessly put into shipstation, so when we print the shipping ll everything's pretty much done. it's so much easier so now, we're ready, bring on t. shipstation. the number one ch of online sellers. go to shipstation.com/tv and get two months free. five-year cancer survivor. being diagnosed with cancer made me rethink everything in my life. the things that became important to me were the relationships with people. we pulle

. >>> and taylor swift versus kanye west round two. has drup druch made a bad bet by dissing taylor swift's music? dissing taylor swift's music fidelity's rewriting the rules of investing. again. introducing fidelity stock and bond index funds with lower expense ratios than comparable vanguard funds. and we now offer the industry's first true zero expense ratio index funds directly to investors. plus, we have fidelity mutual funds with zero minimum investment. how many other firms give you this much value? absolutely zero. ♪ why don't they do what they say ♪ ♪ say what they mean ♪ baby, one thing leads to another ♪ ♪ say what they mean ♪ my love has come along ♪ my lonely days are over at last. applebee's new neighborhood pastas. now that's eatin' good in the neighborhood. >>> there's a big potentially significant development to tell you about. new reporting from "the new york times" reveals that the trump campaign open to, but eager to collude this time with an israeli company that would have run an internet disinformation campaign. q

here is taylor riggs. taylor: u.s. mattis is downplaying tensions with beijing. he says the u.s. is not out to contain china. he said there would be times when they would step on each other's toes. canceled high-level security talks that were scheduled with mathis this month. -- mattis this month. tax cuts and spending increases boosted the deficit under president trump to $779 billion. spending rose more than 3% while revenue was up just 0.4%. wages in the u k are growing at their fastest pace in almost a decade. average earnings rose almost 3% in the three months ending in august. unemployment held at a 43 year low at 4%. in brazil, far right presidential candidate gerald a largeo has built up lead against his leftist opponent. 51-40 leadt up against his opponent. news 24 hours a day, on air and @tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i am taylor riggs. this is bloomberg. francine: thank you so much. the brexit clock is ticking. european council president don

this is bloomberg. ♪ taylor: this is "bloomberg surveillance." i am taylor riggs. working with its biggest investor to start on ride hailing and car sharing in china. the project would take on the industry leader in china, didi. guided adidas through the last eight years. he is stepping down. adidas says it is time for new leadership. world tells bloomberg that trade impact will not have a huge impact on his business. see a net reduction in trade. that is your bloomberg business flash. francine: let's talk italy. the finance minister says the y's economic growth cap with the eu is unacceptable. this comes as he defends his country's budget. by ferdinando juliano. you are pretty skeptical of the finances of italy currently. are these handouts? this is actually being reinvested in infrastructure? >> it is not just me who is skeptical. i think the finance markets are making it clear. the problem is that first of all the size of the debts and the persistence of the debts. italy has always aimed for a balanced budget over the medium-term. deficitstural account will stay

here's taylor riggs.eamr: donald trump's pushed back that they laid out ground rules for the probe into brett kavanaugh. they ordered the investigation on the sexual assault allegations on the supreme court nominee following a request by senate republicans. the party had hoped to power through the chamber and onto the natures -- nation's top court. >> the white house is not getting involved in the fbi investigation and that way. the president very much respects the independence of the fbi and feels they should be looking at anything they think is credible within this limited scope. taylor: theresa may is facing the battle of her political life. they try to undermine her leadership, including foreign secretary boris johnson. he has described her brexit strategy as the ranged, but she and her team have renewed calls to support the so-called checkers plan. >> at the heart of the check is plan is a free trade deal and frictionless trade. tradek it's frictionless that ensures we maintain our guarantees with th

i'm sure taylor swift has nothing or doesn't know anything about her, and let's say that i like taylor's music about 25% less now, okay. >> we will try to explain in thing 2 in 60 seconds. >>> at a time when celebrities are engaging in politics more than ever, pop superstar taylor swift has stayed studiously out of the fray. in fact, she has been so silent about anything political over the past several years that a strange theory emerged from the alt-right internet. they convinced themselves that taylor swift was secretly one of them, a conservative trump supporter on the down low. it all started in 2011 when some people on a right wing message board decided swift had let the name of her cat into a full-blown conspiracy theory. they started referring to taylor as, quote, our girl and circulating photo shopped images of her in a mga hat. all that blew up this weekend when taylor swift herself endorsed two democrats running for congress from her home state of tennessee. the reaction from some taylor swift fans on the right was what seemed like pure heartbreak. >> i don't want to accuse her

let's get straight to news with taylor riggs. taylor: the u.s.ate has to a make or break vote on brent kavanaugh earlier. they digest and in the get -- investigation into sexual assault. a single copy of the report was readingilable with some the contents. democrats say the white house restricted the inquiry while republicans claim the allegations have not been corroborated. set a senate should not fundamentally un-american precedent here. judge brent kavanaugh's right to fairness do not disappear just because some disagree with his judicial philosophy. taylor: beijing branded mike pence is allegations as unwarranted accusations. in washington, pence said they were trying to play american public opinion using tariffs for a propaganda campaign. >> chinese security agencies of masterminded the theft of american technology, including military blueprints. technology,tolen the chinese communist party is turning plowshares into swords on a massive scale. saysr: the white house this validates the emphasis on extensive cyber operations of its own. that's

i applaud taylor swift for using her platform judiciously.it was well thought outship she didn't rant and rave about abolishing amendments like kanye west who is uneducates on things it was a very thoughtful post and good for her. she was careful about not particularly bashing one party or the other. she said you may not agree 100% of the time with one party and that you should vote based on issues that are important to you. and she's right about that. and she's been a very savvy businesswoman. she's no dummy. not only is she very talented but also a savvy businesswoman and has done a lot of good thing for women and girls. i don't think she's losing any president trump saying he likes hearse music 25% less. >> he also said, scott, well, she must have not known about marsha blackburn. then she responds very suc sing little why she doesn't support marsha blackburn. do you think she doesn't know what she's talking about. >>ing. > i think see does. i think it was noteworthy that taylor swift came out in her first big political endorsement of a se

taylor: u.s. supreme court nominee brett kavanaugh is facing new questions about drunken behavior after claims from a former fellow yale student. he told bloomberg about a 1985 bar fight involving kavanaugh, who he says was frequently belligerent and aggressive after drinking. he also said kavanaugh like to lawmakers about his alcohol use. the white house had no immediate comment when asked about the account. u.s. president donald trump be preparing for a potentially protracted economic fight with china as his administration cleared the decks for disputes -- of disputes with america's other trading competitors. in the last few weeks, he sent a trade great with south korea and convinced japan to begin bilateral economic negotiations, and signed agreements with canada and mexico. steve mnuchin said the white house is in no rush to settle the trade fight. speaking in an exclusive interview with bloomberg, the international monetary fund warned that trade wars are darkening the outlook. >> six months

i'm sure taylor swift has nothing or doesn't know anything about her, and let's say that i like taylor'sess now, okay. >> we will try to explain in thing 2 in 60 seconds. yes. thanks to the dedicated technicians at the american red cross... who worked with vmware... to develop technologies to help redirect the flow of blood to the areas and people needing it most. helping them recover... and refilling everyone with life-affirming hope. magic can't make digital transformation happen... but we can. that's the power of vmware, part of dell technologies. hundred roads named "park" in the u.s. it's america's most popular street name. but allstate agents know that's where the similarity stops. if you're on park street in reno, nevada, the high winds of the washoe zephyr could damage your siding. and that's very different than living on park ave in sheboygan, wisconsin, where ice dams could cause water damage. but no matter what park you live on, one of 10,000 local allstate agents knows yours. now that you know the truth, are you in good hands? >>> at a time when celebrities are engaging in po

but could taylor swift just have blowback?happened with the whole dixie chicks thing. >> i do think you had the republican senate campaign committee try to pull a kanye, get her quiet as soon as possible. but i think that the important thing here to remember is 112 million -- that's how many instagram followers taylor swift has. so that ability to bypass the traditional back and forth, to not have to put out a press release and have it criticized and taken out of context, but to speak directly to 112 million fans, that's a huge difference. and we're seeing that throughout politics these days. if you can talk directly to the voters, it makes an enormous impact. >> and that we are talking about taylor swift and kanye west in politics, that's some crazy full-circle moment, too. jolie bert and david, thank you so much. >>> minutes from now, the ntsb will hold a news conference about that deadly limo crash in upstate new york. we have learned that that limo as recently as a month ago failed inspection. >>> and a dire new warning ab

this is so out of the norm for taylor swift who until now has avoided any comment about politics, even taking out a post to encourage people to vote. she made it clear to her 112 million followers on instagram and the world where she stands. taylor swift is known for belting out ballads of heartbreak. ♪ you love the game >> reporter: and girl power anthems. ♪ shake it off but this morning, she's using her voice in a whole new way, writing on an instagram post overnight, in the past i've been reluctant to publicly voice my political opinions, but due to several events in my life and in the world the past two years, i feel very differently about that now. swift, who stayed silent during the 2016 presidential election, now coming forward to endorse two democrats running for office in her home state of tennessee. swift saying she cannot support gop senate candidate marsha blackburn because her voting record in congress appalls and terrifies me. the superstar writing, i cannot vote for someone who will not be willing to fight for dignity for all americans, no matter their

my family owns a property at taylor and jefferson. i've worked on that corner for 45 years and i've seen a lot of changes and this is something we really need. i think we're not up to the rest of the waterfront in our appearance. and this would really help. and my family many years ago tried to get a public park of some sort at taylor and jefferson and we never got that. i feel that we're not able to get the customers at pier 39 because it's a self-contained attraction and are part of fishermen's wharf has lagged behind. i really think this project is necessary and i agree with everything that's been said today. thank you. >> president brandon: thank you. any other public comment? seeing none, public comment is closed. commissioners? >> commissioner gilman: i just want to thank staff and d.p.w. for the update. as i stated at last commission meeting about the fishermen's wharf development plan, i'm real really excited about this, since i live a stone's throw from jefferson and powell. i've seen the improvement in phase one, so thank yo

let's send it over to taylor riggs. taylor: let's turnover to a senior director at u.s.c finance group. marcy, great to have you. new jersey has been hit pretty hard by tax reform. he has been working on -- from your credit analysis, how much of an impact is that to residents and doesn't even allow it at this point? you for goingnk down the path of allowing services, that is one that residents potentially -- took place in 2017. the higher tax states, putting that cap at $10,000, whereas there, it was unlimited, state in turn what that does is they could possibly constrain the amount of taxation. to hire services, one is, new not paying on the pensions. they have a lot of infrastructure needs just for transit, which always seems to be in the news. allowing this charitable areas.on, look at other >> we are wrapping up budget season. some of the local cities. >> sure. ahead to fiscal year 2020. very concerned about what happened with tax reform. years, taxes to fund the increases. somewhatar to be unwilling to do that. they were very contentious. in the review is at the sam

taylor: u.k.ammond has promised an and to austerity despite weak growth forecast and uncertainty over brexit. as well as extra cash for the national health service, the promises money for schools, roads, and defense and a next her 500 million pounds in case the u.k. leaves the eu without a deal. a tax on tech companies like facebook is among the measures and an increase in duties levied on internet gaming operators. a new chief business operator was hired on friday and replaced on sunday. ceo evan spiegel promoted kristen o'hara but then changed his mind, rescinded the offer and picked jeremy gorman instead. snap, had hardly left telling colleagues she was going as part of the changes to team structure. global news 24 hours a day, on air and @tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i am taylor riggs. this is bloomberg. thank you. the u.s. is preparing to announce tariffs on all remaining chinese imports by early december if land talks betwe

ladies and gentlemen, taylor mac!reamin' in my dreamin' ♪ of an aspect bright and fair ♪ and my sleepin' it was broken ♪ but my dream it lingered near ♪ in the form of shining valleys ♪ where the pure air is recognized ♪ and my senses newly opened ♪ i awakened to the cry ♪ that the people have the power ♪ to redeem the work of fools ♪ upon the meek the graces shower ♪ it's decreed the people rule ♪ the people have the power the people have the power ♪ the people have the power the people have the power ♪ ♪ ♪ vengeful aspect became suspect ♪ and bending low as if to hear ♪ well the armies ceased to their advancement ♪ because the people had their ear ♪ and the shepherds and the soldiers ♪ they lay beneath beneath the stars ♪ exchanging visions and laying arms ♪ to waste in the dust ♪ in the form of shining valleys ♪ where the pure air is recognized ♪ and my senses newly opened ♪ i awakened to the cry ♪ the people have the power the people have the power ♪ the people have the power the people have the power listen steph

i'm taylor riggs and this is bloomberg. francine: thank you so much, taylor.phase for the european union with italy under pressure from brussels after the budget deficit target scooped the market, and brexit continues to steal headlines. speech, was called through. joining us is alexander stubb. us a littler giving bit of your time. first of all, how serious is the euro area dispute with italy over the budget, the italian budget? alexander: it is always serious. it is important stick to the rules, especially when the weather is good only have a tail wind in the economy. i think all the finance ministers are right to discuss this. francine: i feel like i ask every time, but especially in europe, you just became commission president. i want to try to understand how you would counter political populist forces if you would annan -- if you would win. do you need to explain this? alexander: i do think we need to take the populist head on. i don't think there should be a frontal attack, but there should be a discussion. you have to understand the concerns of people.

taylor: no. reporter: minor injuries are par for the course. maddie paid for her own plane ticket, but other costs are covered. maddie: i have the opportunity right now in my life to be able to help other people, so it's a nice thing to be able to do, to know that i'm spending my time doing something like building a school that's going to have a lasting impact on this village. reporter: alison john lives next door. unexpectedly, she's become the cook for the hungry crew. alison: you must put some extra love into it. that's why it's so tasty. reporter: alison learned how to cook from her aunt, who's also helping out. they're doing their best for the group. alison: volunteering is something that you do out of your heart. you do not have to do it, but they chose to come and help my community. if they did not come, this school would not be built as yet, you know? reporter: the rains are starting, and this year's hurricane season is fast approaching. zahra warner is another volunteer. the psychologist from jamaica is spending her three weeks of holi

this is serious news and one taylor swift fan is disappointed. well haters are going to shake shake hate hate hate hate hate guys from the right wing cam are razor sharp now taylor swift is a traitor they're saying but just a little while ago people on the left were telling her off for being too politically lazy not only as the voice of miss with mighty enough to sway an army of young voters you might well see her let's say out the united nations in a few years we've been there with some other celebs i'm not here as an expert we have failed the writing of. plays let us not fail them again there is no turning back it will be more and more up to the likes of oscar or grammy winners to fix trouble around the world like issues with sudan we are here to ask it's a very simple thing he's the government came for to do stuff did we kill you. and children rate being the stuff. mr clooney actually got detained for that your favorite t.v. or music stars are all over the place with their movements campaigns charities some end up in the news for their politic

taylor swift opening the show and racking up a bunch of awards.hannels queen. "bohemian rhapsody." a complete wrap up coming up in "the skinny." it's wednesday, october 10th. ♪ can't do this to me baby >>> from abc news, this is "world news now." >>> who knew panic at the disco could rock it like queen. >> i didn't realize the kids knew about "bohemian rhapsody". >> i'm sure some of our interns who are like who? >> scratching their heads. >>> we want to begin with the breaking news. we're just getting word that the storm, michael, has turned into a category 4 hurricane. as you can imagine, coastal communities right now are on alert. like gulf shores, alabama, expecting a life-threatening storm surge, heavy winds and rainfall. landfall is likely around midday today. >> you can see the fully formed eye of the storm and the outer bands that are just now coming ashore. >> hundreds of airline flights in and out of northern florida have been canceled already and panhandle airports are closed. the airlines are waiving many of their rebooking fees. abc's

taylor: a major u.s.elecoms company has discovered manipulated hardware from super micro computer back in august. that is according to security provide the documents, analysis, and other evidence of the discovery. it follows a bloomberg businessweek report that details how china's intelligence subcontractors to plant malicious chips in computer motherboards over a two-year priod. -- period. italy's finance minister is worried about the unacceptable bond yield threat. of concern came as he appealed for calm amidst a war of words over rome's spending program. he offered no sign that the government will change its plan, repeating the targets that have already led to the bonds selloff. global news, 24 hours a day on air and on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. francine. francine: thanks, taylor. the imf has warned that investors may be ignoring the risk that financial conditions could tighten sharply. at its annual meeting, the fund said

taylor: the u.s.tarted an investigation into a money-laundering case involving denmark's biggest bank that has already toppled its ceo. criminal investigations are underway in estonia and denmark. ofs is after a large part $235 billion that floated through a unit in the float -- country many to be treated as suspicious transactions. amazon is eliminating monthly bonuses and stock awards for warehouse workers and other hourly employees. after the company pledged to raise pay to at least $15 an hour. workers for the e-commerce giant in the u.s. were eligible in the past or incentives that could have told the -- hundreds of dollars. amazon says operations and customer service staff will still see their total compensation improve. the head of the u.s. federal trade commission has indicated it is reviewing the data breach at facebook that affected 50 million accounts. chairman simons asked about the attack. he declined to specify whether there was an active investigation of the social media giant. a facebo