taylor: i am taylor riggs, in for carol massar.loomberg businessweek everyday on the radio from 2:00 p.m. to 5:00 p.m. wall street on. the can also catch up on our daily show, and catch our podcast on itunes, soundcloud, and bloomberg.com. jason: find us online and through our mobile app. in the technology section, orbital insight is opening its satellite network to anyone. all of us. taylor: that means you can monitor whatever you want anywhere you want to across the planet. jason: we talk to reporter ashlee vance. >> orbital insight is a startup founded in 2013. the founder, this guy named james crawford, he used to work at google on a lot of ai stuff at nasa. he got this insight that a lot of cheap, small satellites were starting to be launched that would surround the earth and start taking a lot more pictures of it. traditionally, pictures of the earth are rare and expensive and he saw this day coming. when there would be tons of them, and that if you apply some ai software and some analysis to all of these pictures, you could

taylor: i'm taylor riggs, in for carol massar. can also listen to us on the radio upon sirius xm channel 99.1nam 11 30 in new york, fm and washington, d.c. area: am 960 in the bay and through the bloomberg business app. over in the economics section, markets had priced in a short u.s.-china trade skirmish, war, whatever. taylor: but now they are bracing for a much longer, bruising, drawn out fight. jason: senior markets editor michael regan joins us. you have been talking to our colleagues on the desk and also talking to investors who got this wrong. michael there's a consensus : coming intimate that the equity market was ripping higher, and the consensus was that, ok, the trade conflict with china is nearing an end, they would reach a deal soon. obviously that got ripped up when president trump tweeted earlier this month that he was going to increase tariffs on existing imports, and then came the threats of another set of tariffs on $300 billion more in chinese imports at 25%. like i said, it was a consensus, and whenever you hea

♪ ♪ taylor: i am taylor riggs in new york for emily chang. this is "bloomberg technology."gan stanley announces its worst-case scenario for tesla shares, just $10, around concerns for chinese demand an electric car market saturation. and u.s. granted a 90 day reprieve for some american companies relying on huawei equipment, but china vanke -- vows to retaliate. and, they are one of the most powerful and wealthy families in south korea. we discussed the current intrigue behind samsung's chairman and his heir. but first, our top story. analysts at morgan stanley are pumping the brakes on tesla, slashing the worst-case price to just $10. the analysts said demand was at the heart of the problem. shares were lower most of today, closing about unchanged for the day. joining me to discuss this bump on the road is colin rush of upper heimer -- oppenheimer, as well as max chafkin of bloomberg businessweek. max, a few hours since the news. what worst-case scenario is that? max: the worst-case scenario, probably elon musk brought this up, that tesla could die for some terrible reason,

this is bloomberg. ♪ taylor: from new york, i'm taylor rates. -- i'm taylor rates -- i'm taylor riggsn london i'm guy johnson. let's turn our attention to the ftse. some of the most insatiable turn around football has ever seen. be the mostl watched sporting event in the world this year. while advertisers will spend big make their marks, the clubs involved have not been doing that at all. here with more on their unorthodox financing is bloomberg's opinions alex webb. amazing games of football last night in the night before. both clubs coming back. these are clubs that have not spent big. you compare them to liverpool, which is fighting the domestic tournament in the u.k., one has been spending money like it is going out of fashion. liverpool has taken a different approach. alex: in football, there is a , no matter how much money clubs make, they will always spent all of it and they have little focus on the bottom line. in any other business it would seem to be common sense, but that is not the way football clubs have operated. the spurs have kept this tight grip on their costs. they h

taylor: from new york, i'm taylor riggs. this is "bloomberg markets.": let's get an update on those markets. joining us now is abigail doolittle. abigail: there is certainly a bearish tone to markets on this thursday. the s&p and nasdaq on pace for down day in a row, all of this on increasing trade tensions fears. the dax in germany also lower 1.5%. all of this started with the shanghai composite, down 1.5%. that index, in an official correction from its april levels. this risk off is confirmed by the yen. let's take a look at the five-day chart of the dollar-yen. it is falling, down 1.7%, the first time we've seen this since december 24 of last year. investors fleeing toward the safety of the haven yen for they decide what's next around trade. let's take a look at a chart we've looked at frequently over the last few months. we are looking at the year-to-date chart in yellow, oil in white, the stocks in aren't, and the shanghai composite in a correction. the s&p 500 hitting an all-time high during that time period, but now starting to wane. tech, materi

taylor: but is that true?ve heard some people talk about how corporate debt could be the next bubble. there have been a lot of concerns about the amount of debt they have been taking on. is it different this time even though we are looking at corporate debt relative to mortgage backed securities? claire: i think it is a good question at this time. you have money managers say that we are comfortable and cdo's in a downturn could do well because you are flexible and could buy that beaten-down bond and ride the rally. on the other hand, these are untested in the new environment and there are questions on how they will perform. amanda: one of the day questions would be how they perform in the event of rising defaults. that core people who -- that caught people who sought to weigh the risk in 2008. are we doing well? claire: so for the default rate has been low. these securities could perform better in a downturn, so the issuers say. we will have to see. a lot of people are expecting the credit cycle to turn at som

taylor: this is "bloomberg best," i'm taylor riggs. continue our mobile tour -- our global tour of the top business stories. in australia, where the incumbent prime minister held onto his office after an unexpected electoral victory. paul: the australian broadcasting corporation saying scott morrison was able to secure a majority government after that unexpected win on saturday, despite trailing in most polls during the campaign. the liberal national coalition defeated labour in what scott morrison called "a miracle." >> it was a huge surprise on the night, and it has transformed has onlyrison, who been at the helm since august, into a conservative hero, a front-page newspaper come if you see that. it says "messiah from the shire." he did an incredible job during the campaign in tearing down probably the most progressive policy agenda that the opposition party put up in decades, and clearly, that negative campaign strategy works for him. francine: indian stocks have reached an all-time high as prime minister narendra modi looks to win

taylor: i'm taylor riggs in new york. meeting of the asian development bank is starting. the institution has been discussing whether an increased interest rates on financing to countries such as china, that now exceeds a certain income level. let's cross over to the event and our chief international correspondent, haslinda auman. what do you have for us? inlinda: just to put it context, some discussions among some countries that perhaps china no longer needs loans because it is dispersing loans themselves to imagine economies through the likes of the belt and road initiative that has been going on for some time. there has been a lot based on that. prospects for the growth for the asian region. good to have you with us. what are the priorities of this meeting? what do you hope to achieve? -- we want to .howcase the development is very well-managed. haslinda: infrastructure. one of the interesting things right now is china's role in dispersing loans to its belt and road initiative. there's discussion about a debt trap? >> t

taylor: this is "bloomberg: businessweek." ♪ taylor: welcome back to "bloomberg: businessweek." in for carol massar. jason: and i am jason kelly. you can also listen to us on the radio on sirius xm channel 119, and on a.m. 1130 in new york, 106.1 in boston, 99.1 f.m. in washington, d.c. taylor: a.m. 960 in the bay area, london on dab digital, and through the bloomberg business app. in the features section, a photo essay about a new effort to save a rainforest. guayana is a small country east of venezuela. it has 45 million acres of the amazon rain forest. that is at about -- that is about as big as washington state. they have argued to the world that force has value for it is cut down. the trees in the forest take carbon dioxide out of the air, they store the carbon and release oxygen. , a country that made its money from pumping oil out of the north sea, offered ofm $250 million, a lot money that is a batch for a people,that is 75,000 to limit its deforestation and to maintain one of the lowest deforestation rates. that model andn ran with it and now it is at a crossroads. , ex

♪ taylor: i'm taylor riggs in new york in for emily chang. this is "bloomberg technology."oming up, has the technology cold war already begun? president trump says while we may be part of the trade deal shifting from previous efforts to campaign against a company is a separate issue during ongoing trade dispute. plus the electric carmaker continues to get pummeled by the bears. can the company weather the storm? and our exclusive conversation with a former apple executive, angela ahrendts, and we'll cover how she transformed apple into a retail powerhouse. our first story of the week. on thursday, president donald trump said the chinese trade giant could be part of a trade pact with the company that the trump administration is trying to seal by limiting the sale of components over security concerns. the u.s. had held off from blacklisting huawei out of concerns and only took action after the last trade talks hit an impasse. joining me, tech founder david kirkpatrick and also, "bloomberg technology"'s alistair barr. recap the week for us. it was a week ago when we first star

taylor: usually when you i.p.o.s to raise money to investors can cash out or to raise money because you need it but they don't actually need the money, do they? >> no, they don't. that's what our sources are telling us right now. and based on how they've operated in the past -- again, in is a well-standing, long-financed companies. it's raced more than $2 billion so far. last year increased sales about 40% to nearly $1 billion and it narrowed its loss to just $30 million so it's juston cusp of break even. they're not a big acquirer of other technologies so that's another reason why they don't need to go public. and their investors so far, which inexclude peter teal, one of the co-founders, he's the chairman and also one of the largest investorsstest -- he's not exactly poor and hasn't shown any lack of patience in the public debut. taylor: thanks for joining me. coming up, former apple senior v.p. of retail. looking back at her leg and i -- legacy and the company and her thoughts on the current direction it is takin

taylor: from new york, i'm taylor riggs. this is the european close on "bloomberg markets." guy: stoxx 600 not really doing much. apparently the president of the united states thinks the chinese are coming for a deal. the markets not quite so convinced, stabilizing come about not doing much more than that. the british pound is trading $1.30. at dealrospect of a brexit with the labour party seems to be fading. we did seee market, a substantial draw on the eia data out of the united states. we are seeing some price action to the upside, brent trading back above 70 elders a barrel -- above $70 a barrel. taylor: looks like a bit of an improving picture here in the u.s. we knew the s&p 500 was right around the 50 day moving average. perhaps some of the buyers coming in today. starting to see a bit of an improving picture after the big selloff monday and tuesday. the vix is also coming down. , it is really easy to get panicky, so perhaps some of that fear coming down a bit. it looks like that has been lifting up. you're seeing price down, yields up around 2.46, where we were yeste

taylor: from new york, i'm taylor riggs. this is "bloomberg markets.": a few signs of stabilization in equity markets. it has been a rough couple of days. let's get the details. abigail doolittle joins us now. abigail: we are looking at tiny moves up and down for the major averages after the big today --loff, the worst nasty big the big two-day selloff, the worst since january. a bit of a divergence globally. the shanghai composite in a correction from its april highs, the 10 year yield down four days in a row. there is a solid bid for bonds, but only down nine basis points over those four days, so not a panic bid for bonds. if we go cross asset class and take a look at the sectors, we see a small move there as well. we have an even split here. ,eal estate up 6/10 of 1% utilities down 8/10 of 1%. most of these sectors moving less than 1/10 of 1%. finally, as we take a look at seess asset class list, we the bloomberg commodity index barely moving, the haven yen barely moving, the euro barely moving, and gold. we are looking for investors to break the sta

taylor: i'm taylor riggs in new york.pposition leader juan guaido faces a major step back as nicolas maduro keeps a stronghold on the military. lawmakers in washington are weighing in including security advisor john bolton. figures like the defense minister, chief judge of the supreme court, head of the presidential guard, have been outed as people dealing with the opposition. if you are nicolas maduro, can you look at your defense minister anymore and trust him? i don't think so. maduro is now surrounded by scorpions in a bottle and it is only a matter of time. taylor: for more on how these tensions could spill over into other emerging market economies, i want to welcome our guest from voya investment management. cannot talk specifically about a buy or sell recommendation within venezuela, but broadly speaking, has anything in the last 48 hours changed your investment thesis as you look at venezuela? >> thank you, good afternoon. the latest of elements have not changed our mind on the transition. it will be a lengthy one

taylor: i'm taylor riggs in new york. have been reporting all day, the fed has announced no change in its key rates. knows a price. jay powell says they do not see a strong case to change that with a hike or cut. inflation was the twist in today's decision. jim bianco is founder and president of bianco research and writes about bond markets including our bloomberg opinion. i want to start on that you had a great bloomberg opinion piece talking about the dual mandate has not kept up with the times. that brings us a question about why we are using the phillips curve if we can throw it out the window? talk about the dual mandate and if it is still relevant? the the dual mandate that fed has which was adopted in 1977 through an act of congress, is they have to keep employment as high as possible and inflation is low as possible. they need a theory that ties those two things together. that is the phillips curve. the phillips curve means that if unemployment gets too low, it creates inflation or inflation gets too high, it crea

taylor: i'm taylor riggs in new york.zon is developing a voice activated wearable device that can reach human emotions. the wrist-worn gadget is codenamed dylan and uses microphones and sought where to discern a person's emotional state. the device could even advise those where it to interact more effectively with others. we are joined by the reporter who broke the story, matt day. i have to admit, i read the story, and my first reaction, it ain't me a little bit nervous. talk about how this technology works, what they plan to do with it. the technology is super early days from what we've been seeing but it basically charts how excited you are when you speak, really grabs it out on a matrix. out on a matrix. see, giventremely to the advances in speech recognition technology, if it can determine how you are feeling. potential he a lot you can do with that. imagines they can direct us to different products and services based on what we are feeling. in sense this is leading that direction, or is this one of those blue sky pr

taylor: i'm the wrong person to ask. talking about what you are saying with market share, you have seen uber trying to reduce the incentive to boost those margins. they lost market share and had to retake up some of those incentives. it is a part for market share what you have seen lyft start to take over. one thing i like that the analyst was talking about was that he does think lyft commands a premium. when we take a look on a price for 12 months sales, the numbers are changing all of the board, but as of one month ago, lyft was commanding a premium at 6.5 to seven times price, but uber was below that. they are trading below companies like netflix and facebook and companies that do have a nine time price to sales ratio. you are seeing valuations might come down. lift might command a premium because it is a pure play. romaine: that is where comes back to bite them. there talking about how he wants to compare themselves to amazon. amazon is at 3.9. the industry price to sales is 5.6. based on that, it is overvalued. vonn

we hear the story of african american cyclist major taylor.the rate at ich ice is melting in greenland and antarctica is accelerating. a new secret was to double the level of previous estimates by 2100. it could lead to the rosplacement of hundreds of millions of peopled the globe. the authors say there is time to avoid such scenarios, as caroline rigby reports. caroline: global warming is caing ice sheets in antarctica and greenland to melt, but some scientists believe climate models have underestimated the likely level of milking this century. now a ne study drawing on evidence has warned that the situation could bethar worse generally accepted. in 2013, the u.n.'s intergovernmental panel on climate change predicted that by the end of the century, global sea levels would rise by about a meter. resechers now suggest seas could rise by twice that amount. that is if unchecked carbon emissions caused the world to warm by five degrees celsius rather than the two-degree scenario with the paris agreement. the consequences of this on coastal communi

taylor: thank you very much. federal reserve chairman jay powell made something very clear at his press conference. inflation orng president trump's constant criticisms will force them to cut interest rates. for now he is content to wait and see what happens next. we look at the key takeaways. the keyword is patience. >> yes indeed. thatat patient fed, patient pause since january, we can add the word transitory when we look at inflation. that is why jay powell things we have seen a steady decline year over year on the inflation gauges. let's listen to what he said at the press conference after the meeting. core inflation unexpectedly fell as well. it stands at 1.6% for the previous 12 months. we suspect that some transitory factors may be a work. jump to the bloomberg library with me. let's look at the chart that shows this in pictures. we underscore the words. you can see so much on the right-hand side of this chart that you are far away from 2% inflation. much further away than you have been for a wild. jay pow

taylor becomes involved, charley taylor. this time mcneil. leno has to come between defenders and sends iwobi away. he's been a regular this season, but he's been out of the thinking for his manager in recent weeks. iwobi. monrea monreal. the chest of barnes would be a good place to put it. that's part of the learning curve for mavropanos. >> i thought it was a foul. dean deemed otherwise. >> the last game, youngster half kons stchlt aninos was replaced at crystal palace. not exposing him to too much but wood and barnes today will be part of the learning experience for the greek under 21 national. cork. leno has to go out. >> excellent goal keeping from le leno. started the day very quickly and came out and dealt with it. >> mustafi. it's been a vel long season for burnley. it all started back in july. in the europa league and they didn't get a win until the penultimate weekend of that weekend. if they don't finish in fifth place and win the europa league, it could be a short season for them. >> the different between the two, arsenal has a mu

taylor would duct tape the children to beds, smear feces in their faces. they say she was spanking them with forks, threatening them with a machete, and when deputies twoent check on taylor's other daughters, all three were covered in their own waste. cat urine and feces everywhere. >> to think that any of the children, you know, suffer j devastating. >> reporter: now, we talked to taylor's husband offcamera. he says the al gags are lies and they plan on fighting this in court. in el dorado county, kpix 5. >>> a judge in florida has blocked prosecutors from using hidden camera video of patriots owner robert kraft that allegedly shows kraft paying for sex at a massage parlor. but the judge said police failed to protect the privacy of customers who didn't commit any crimes. the 77-year-old patriots owner has pleaded not guilty to soliciting a prostitute. >>> a setback for apple today. the supreme court ruled to allow consumers to pursue an anti-trust lawsuit against the tech giant. iphone users argue that apple's 30% commission on sales through the app store

taylor kimmich a bit of history.ear the banging there as they continue to dismantle the stage. katie they are trying to win all four bells in the lightweight division, up against the lightweight division, up against the wbc challenge —— champion from belgium. katie taylor a decorated amateur, lipid champion and five—time world champion and also a six—time european champion and she has told me this is a moment she has waited for all her life, the chance to be the undisputed champion and she suggested it could be the biggest night of her career so far. she is wanting to do what anthony joshua want to do which is really her division and hold the belts. they might pack you away, i will let you get out of there. our reporter in new york. johanna konta has become the first british woman since 1983 to reach the last 16 of the french open. the british number one dismantling slovakia's viktoria kuzmova in straight sets to ease into the second week. konta hadn't even won a match at the tournament until this year, but she raced

beyonce in 199 and taylor in 2009.ast night she was definitely award show taylor. ♪ getting down and tearing up while fan girling over mariah. she mouthed we love you to the recipient whose twins stole the show from their nervous mom. >> them babies it's their birthday. can we say happy birthday? >> i would like a do-over. >> drake is now billboard's most decorated artist ever and lit up twitter name checking this "g.o.t." slayer. >> shout-out the aria target for putting that that work last week. >> now "game of thrones" fans are worry that had aria has been cursed by drake to die. by the way, michelle, if you're going to get married when you finally decide to get married you have to do it here with elvis. this is the place. >> see, you can find your own elvis. >> uh-huh. by the i woway, we almost went through an entire week without that, goldilock. >>> in addition to nischelle's wedding another big event last night here in l.a. >> yont to know. i joined the "big bang" cast at their final premier last night. >> a speci

vice president taylor? >> vice president taylor: thank you, miss brown. i enoujust want to say that -- sure commissioner mazzucco can speak to this, too. as you know, i used to prosecute homicide cases, a lot of homicide cases, and it's impossible to do without witnesses coming forward. and there are people walking around this city who know who killed your son. and it is so frustrating when you have community members who know what happened, were there when it happened, but when it comes to what happened, i didn't see anything, i didn't hear anything, i don't know anything. and i just want to entreat anybody who's listening, when it happens to you, then, it becomes really important that you have people who come forward. and i want people to understand that when you lose a loved one, when you're a mom who's lost their child, there is nothing worse, and there is nothing that the police with do, any law enforcement can do if the people who saw that happen don't actually kind of pony up and say this was wrong and i'm going to do something about it, and i'm goi

taylor: thank you, madam speaker. i rise in support of h.r. 2480, the stronger child abuse prevention and treatment act, which includes my provision, asking for a study of forced child marriages in the united states. it is shocking to think that the justice center estimates between 2000 and 2015, more than 207,000 children were married in this country. in texas alone, 40,000 minors were married between 2000 and 2014. i hope we can all agree that marriage should be between consenting individuals, that children should not be married without their consent. i was proud to end forced child marriages in texas, and i know states, red and blue, have addressed this problem and solved it. but we need to work harder here in the united states congress. i'm grateful to my colleague from washington to accept this amendment, to work on studying forced child marriage in the 43 states that have not adjusted

here's taylor riggs.oining me to break this down as a managing director and managing fixed income. munis are rich. are they going to continue? >> everyone was worried about the sky falling, and it has continued. the technicals, over the summer, are incredibly strong for the asset class. some people think the market may shrink in size, by about 40 or $50 billion, too many bonds maturing and not enough new bonds being created. the technical factors for the markets are really strong right now. taylor: talk to me about that, because on a five basis, munis are outperforming our bloomberg aggregate index by almost double digits in some points. how much does that continue this ander and put the size scope into perspective on how much the market could shrink. jamie: if you take a typical muni treasury ratio in 10 years is anywhere from 80% of 100%. it's in the low 70's percent. -- low 70's. the technicals are very strong over the summer. you are not going to have enough bonds. we could hang in at these levels, bu

taylor: thank you, ben bain.is almost here, and it is the season for movie blockbusters. we will look at which movies are getting all the buzz, next. this is bloomberg. ♪ scarlet: memorial day weekend, unofficial kickoff to summer. it also means movie blockbusters season. we get a preview of what to expect on the big screen, managing director of fandango. are we anticipating in terms of big summer blockbusters? anticipated summer movie is "spider-man: far from home." it is following the events of "avengers:endgame." marvel got a bump, so even the "dark phoenix" movie as a bump in is one of the most anticipated movies of the summer. "spider-man: far from home" with aturning actors, it is follow-up to the last movie. disney there are classics like "aladdin" and "lion king," old classics. i probably will see "the lion king." i cried the first time i saw it. talk about the revitalization of classics. >> we have been seeing the live action remakes. but we're getting to a specific time period when disney was in the cla

that's all. >> i follow up on what commissioner taylor said. i think, you know, the work you do is so important. i don't need to repeat what she said, but i do want to thank you , and for the 33% number sounds pretty good to me. it sounds a lot higher than i had expected to here, so it sounds like, you know, reaching to the people who, i think, by the nature of the work, are probably not the first ones to reach out for help. i think that's commendable. you said there was some sort of commendation back in 2007 for being the best practices or the leader in this area? >> it was two paragraphs long saying it was a national policing best practice. >> great. thank you. >> i wanted, again, thank you for the work you do. our bsu unit has come a long way i have seen you in action after two officer involved shootings where an officer was shot, two officers were shot, and one where an officer was run over. we were told it was catastrophic for members of the community, what they do helps the community because they recognize when the officers will have prob

again, we are talking about the eddy and taylor street project. back in 2008, gavin newsome created the ordinance and i want to point out the owner was recognized by the mayor for being an outstanding citizen and community - community partner. they are recognized for the north to market community benefit district. >> thank you. any other members of the public who would like to speak on this item? >> i just wanted to say we passed a thing that outlawed menthol in cigarettes. it is used to open up people's throats, vicks for a long time is used to open up kids' lungs when they have trouble breathing. at the moment that is not a product we can access when we were a kid. that is why these stores are more important to be open when we need alcohol around for things like, you know, finding alternatives to that. there are other things that can be used. things like menthol have done a lot to keep people healthy with asthma and other things aggravated by smog. iit is a a problem in the commuy people not being able to get vicks vaporub. this is an alternativ

editors clemency pleas all the mitigation a little history deborah taylor felt none of that mitigation was worth even looking at whereas we said outside the court after her judgment we would actually call on everyone to read the submissions that we submitted in court they're not long and to make up your own mind she she went so far as to completely discount the united nations saying that the ruling that the united nations had given twice saying that both sweden and the united kingdom had a duty to let your innocence free she said was based on misconceptions of fact and role and had no bearing in her court it was an extremely dismissive thing for her to say jews and i know they're not removed journalists here on the international so many other international organizations have expressed concern about what's happened to your editor i've got to ask you obviously how he is because we have press freedom advocates sources have told us they fear for his life what is his health how is he facing these new prospects of to being in the embassy for that long and now in the so-called guantanamo brit

next up for taylor fritz is a daunting meeting with novak djokovic.here is no doubt that rafael nadal is the favourite to win the trophy. thank you, we getting this question over and over again, but my answer will be the same. is always the number one favourite to win any clay—court events, so it's not any different here. and we did actually... even more here in madrid, because he is playing at home. judd trump has won his maiden world championship title after dismantling john higgins 18—9 in one of the most breathtaking crucible finals ever witnessed. can it be described as the best ever? it certainly was the final that had everything. this has the makings of an epic confrontation. let's get the boys. wow. ridiculous pot. the shot of the championship. is here going to play the double, or again for the corner? what a shot. unbelievable. wonderful. as we say, a little bit of luck. if the black goes in, he will have another century. brilliant. applause evenjohn higgins applause even john higgins is applause evenjohn higgins is smiling. and we are playin

ia is -- >> vice president taylor. >> just a couple of things. the first is that especially today, more than ever, words matter. what you say matters. people hear what you say. at no point during this hearing, at any point did i call dpa corrupt or spineless. i would never use those words. i don't believe those things. so i want to be very clear that the way that you phrase things is the way that people will remember you. and i've known both paul henderson and sara hawkins for over a decade and not only do i not believe that about em this, i would not say them about them. so that was wrong, and wrong on many levels. the second thing i want to say is that, you know, we are not writing policies for dpa as it stands right now. that's not what a policy does. it's not for the guy you like who is in the chair today and who you trust who is in the chair today. everyone at this die as knows this issue with occ where at least there was a perception they were a rubber stamp for ia. everyone at this dias wants to keep that from happening, whether it's paul

we've got taylor out there with the with the folks she their face high taylor. >>it's a party out here right now tonight people came running out of their arena screaming yelling still writing out this window of a get out of the way so you can see what's going on i wasn't kidding you there's definitely a dance party happening here tonight, it's a of fun everyone's riding excitement and you know some and say it came a little too close for comfort towards the end there, but ultimately the waves came out on top bringing home this second win. the excitement in game 2 of the conference finals where the warriors in trail blazers squared off once again a big game for many thlaw business came to go up to less to sellused a nation. >>and extra special person. lines maybe say you're you're not school today gerri lucille and his son jeffrey flew in for the game from arizona, they're celebrating jeffrey 17th birthday to do today show may this sacrifice. bright and early. and physically jeffrey says he has a few birthday wishes on thursday, what would be the best birthday gif

thank foroining us on this wednes the temperature are just going wtop's taylor is in for rain,chuck. unfort because of the it will begin as early as 3:00 evenin an occasional severe more storms tomorrow but weathe threat. for t we're in enhanced storm team 4 radar, scanning the skies this morning. couple of showers there just border that's where they're going to we'll be off to a dry stain. chances pick up after 3:00 high today, yuck, 94 degrees jack taylor, that's a lot of >> awesome. great. 50 out at bayidbrge. chuck, westbound is staying hours. traffit wesbo has been stopped. which means the westbound span not causingmuch of a delay so far. on the inner loop coming out of you want to be out of there by 00 in the morning. in maryland, i-70 eastbound, report of a vehicle fire. author arrive on scene the third for very slow traffic point. >> jack, thank you. >>> it's5:02. breaki right now to update to that deadly crash thar we you about it at >> theotorcyclis who died was an off duty prince george's news 4's meghan mcgrath is livea whhave you learned? >> rep morning. this w a terribl

has become a major player for the currency token sale but the currency analyst taylor. what i meant will stop fighting talk about how regulation is affecting the sector and those are holding up worldwide all of that directly ahead but first let's have some headlines. the entry of a new major player in the fight to acquire anadarko petroleum leads our global report today as berkshire hathaway prepares a ten billion dollar intervention on the side of occidental occidental made a thirty eight billion dollar bill last week interrupting advanced merger talks between anadarko and rival chevron now occidental has a big name with deep pockets on their side should they decide to top chevrons thirty three billion dollars bid by a greater margin occidental is successful and willing anadarko berkshire will invest the ten billion dollars into one hundred thousand new preferred shares of oxy stock the annual dividend would be eight percent the wall street journal reports that a successful bid by occidental would grant berkshire the opportunity to buy up to eighty million occidental a

. >> melissa's off, so jack taylor of wtop is in for her. we'll start with storm team 4 meteorologist chuck bell and the weather alert to start off the work part of this week. >>> yeah,unfortunately, that same cluster of thunderstorms produced severe weather in ohio last night has held together to sou extent dng the overnight hours. fortunately without daytime heating it's lost a little of its punch as it'so coming t us. we'll have a weather alert day. the main reason -- rain and thunder during the morning commute. before we turn really hot and humid here today, another small chance for storms later. i think the main -- the big show from the weather department will be in the first half of the day today. already stere's that clu of storms now in the mountains of west virginia. they trail back quite a distance, all the way to morgantown, west virginia. thunder and lightning now in and around the winchester, virginia, area. moving into parts of clark and warren county, now headed toward blue mont. leesburg, all of loudoun county, this is coming

. >> i need to bring in our good friend will who is the expert in all things taylor swift.ng down for us taylor swift, katy perry, feud turned friend, and i can't explain it. >> the feud is old, we're not bringing up the old stuff, right? >> i think it's officially over now because taylor added this new katy perry song to her apple music playlist. so whatever bad blood there was, done, they're friends again. >> they're friends again. >> you heard it here first. breaking news. >> she added her on twitter, likes her on instagram now, there you go. >> besties. >>> now going to the "mean tweets: nba edition." >> our friend jimmy kimmel aired his special edition of "mean tweets" with some of the biggest names in the nba reading out serious fan trash talk. here's a sample. >> bradley beal looks like if usher had someone sit on his head while he was a baby. thank you. >> dirk nowitzki looks like his sweat smells like mop water and chihuahua. >> ben simmons looks like he's holding in a fart every time he passes the ball. maybe i am. >> chris bosh talks like a white guy named dennis

i just wanted -- >> vice president taylor. >> hi, chief. i don't want to belabor the past anymore, but would, if the commission could get a copy of the m.o.u., that would be helpful. >> yes. >> ok. thank you. moving on to the next agenda item. >> good evening, chief. >> good morning. president hirsch, vice president taylor, members of the commission. director henderson, chief scott, members of the public. deputy chief bob mowser and i'm here to introduce our next presentation on our behavioral science unit programs and resources. tonight you are going to hear about some of the functions of the behavioral science unit. much of what they do on a daily basis really goes unnoticed because they are working directly with the men and women of the san francisco police department and their families. i believe you are going to find that after tonight's presentation you are going to see that what the b.s.u. does on a daily basis for members of the department is a crucial function and often goes unnoticed. i would like to take this moment to publicly a