vonnie: our thanks to therese rafael, bloomberg opinion editor.keeping our eye on brexit developments, naturally. a look at u.s. stocks now, an hour and 15 minutes into the trade. the dow industrial average down 4/10 of 1%, being dragged down by boeing, down almost 4%. worst performer is general electric. the nasdaq composite index is down 2/10 of 1%. this is bloomberg. ♪ ♪ vonnie: "bloomberg markets this is -- this is "bloomberg markets ." i'm vonnie quinn. hasstock of the hour accepted a $5 billion takeover offer. there was a bidding war. what happened? previous two had been refuted. when you talk of a bidding war, it wasn't just merck and the running. versum had already accepted an offer, but this merck offer trumps that. vonnie: this is not the only deal that merck is looking to do. tell us about some of the others. been --rcks'ceo has been in a bigs m&a push to collaborate on an experimental cancer drug worth some $4.2 billion. they've also been looking at other chip companies for the performance materials division. it is a slightly smaller d

therese: i wish i could tell you they were. just recently the labour party seems to be throwing it support to another option, which is staying in the single market, a norway style option in which britain would retain full single style market and that is usually -- that is something theresa may in the conservative party believed the brexit vote was about ending. david: what was the point in doing it at all? are they basically in the european union? thesere: it is retaining some of the benefits of the eu but with that none of us say in the institutions. britain would lose its seat at the table. one line of thinking is this is tactical and the labour party moved to support this would drive more mps toward theresa may's deal which will probably come back to parliament again this week. we've not seen the last of it. david: thank you so much. now we go to our colleague istanbul. how bad of a setback was this election for the president? eporter: it was a stinging defeat to say the least and that dogan lost ase er lot of votes in natio

get theresence there and get out of the back door. >> kenny: jim montgomery said we need to play with the desperation we had for game four in nashville after they trailed that series 2-1. roat's what we have seen fm the dallas stars. they lead 3-2. 36 seconds remaining. blues send out o'reilly, tarasenko, hwartz, schenn, perron and parayko. hintz on the drop against o'reilly to the left of bishop. off the thface-off, blues control. out to parayko, shot. deflects just wide. 30 seconds remaining. tarasenko with the puck. then over for the stars. benn up the boards, and not out. schenn across, the shot was blocked. and the stars clear the zone. retrieved by parawno. do to ten seconds remaining. here comes perron. blocked off at the line by benn. cleared down ice. and into the empty net by hintz. >> a.j.: talk about all the sacrificing their bodies. there's that block by benn and e.en roope sending it the length of the only a couple of seconds left. but he hits the mark anyway. >> pierre: a heck of a road win for the dallas stars. really well orchestrated. that's a series now, a.j. and ke

therese: some people are assuming boris johnson will be the next prime minister.onger an outlier scenario. --t is part of this whole all of the calculations being made right now. francine: thank you so much, to rest raphael. -- therese raphael. and we will have more. coming up, jeremy wright, that is at 7:30 am in new york, 12: 30 p.m. in london. we will have more of the corporate movers, including boeing. we will look at your markets and yields. this is bloomberg. ♪ when you think about it, people did not vote on party lines and it came to the -- when it came to the brexit referendum. often members of the public want to see their representatives work together more often. francine: that was theresa may. we are getting breaking news out of a theresa may spokesperson saying the prime minister will speak to other u.k. leaders there are aims former brexit talks with labor as wealth or let's get to market functions and market relax and -- market reaction. at what ween we look know on brexit and what we do not know, which is a larger part of the saga, what does it mean

therese raphael on another brexit vote. president turkish election setback.a buetel judge. kevin: have upended this field. cash, he has the energy, and he is putting the beto o'rourke campaign on the back burner. the former texas congressman -- ng launched is david: nobody is talking about elizabeth warren.

my name is therese and i'm the founder and c.e.o. of old-school cafÉ, which if you haven't been, i brought some brochures because i hopefully will make you hungry , so you will come join us we are the first ever youth run jazz a restaurant supper club, and it started here in the bayview's hunter's point. think of a 1920s speakeasy, but all run by young people ages 16 to 22 coming out of jail, foster care, and other traumatic life circumstances. my background is a corrections officer working with young men who are incarcerated due to gun violence, and being on the other side, you see quickly this is not the solution, so really i am honored to get a chance to share of the difference when we put money into the other side of the solution of actually investing in our young people and their healing, in hope and opportunities, job training and employment, as well as wraparound supports. that is what we do. the youth actually run the entire jazz restaurant, they are the host, the servers, the chefs , and the entertainment. we teach the manag

theresal's room. h okay. eaten but this is either a beef stroganoff or brownies.deal with that later. >> jimmy: you always were a great cook, aunt chippy. >> come with me. >> jimmy: this is our grandfather's room. he's deceased. he was killed by beef stroganoff. >> grandpa used to paint on beer cans. and there's sammy davis jr. he took his talents then to egg shells. i don't know if you can see. but he would paint on egg shells. that i think is aunt chippy right there. >> jimmy: uh-huh. >> that's either -- i think that's elton john. saddam hussein. he really got everybody. then he would go to eyeglass frames. right? i don't even know -- >> jimmy: no, they're eyeglass lenses. >> rit. and there's tark. you talked about jerry tarkanian. eating a towel. >> jimmy: yeah. we can't really see him. what about the car, though? we forgot about the car. >> oh, yeah, the car. follow me. >> there's a picture of you. >> jimmy: there's a big painting of me in your room. >> this big. >> we were going to put the car in the driveway. we figured that's stupid. so we led it right in h