in fact, he told the investigator it was tom's partner who fired him, not tom, and tom was even tryingeard find another job. >> are you getting any bad feeling from him? are you suspicious of him? >> not at all. >> so you're thinking this is going to be somebody we're going to cross off the list? >> yes, i didn't expect to see him again. >> to the investigator and those close to kelley, michael beard didn't seem like a good suspect at all. >> did you think it is possible, he was a disgruntled employee, he was taking revenge? >> i didn't. because if you're disgruntled, why wouldn't you kill the person that you're disgruntled against. i mean, i'm angry at you so i'm going to go kill your wife? >> as a matter of procedure, the investigator asked beard for a dna swab and permission to look through his cellphone. >> he was very forthcoming, very willing, no problems, just very cooperative. le the state inves was checking out the not-so-promising michael beard tip, sheriff's investigators had tom at the station. detective donnie lewis said they still had questions. >> for the most part it lo

have you heard from tom?" and he said, "no, but he didn't show up at work. >> reporter: what's going through your mind? is there concern or just, oh, maybe he's at the gym? >> tom would never miss a morning of work. >> reporter: linda jumped in her car to to retrace her husband's steps, hoping to find him. she never imagined that search would lead where it did. >>> when we come back, linda's heartbreaking discovery. >> i saw his car. i was like oh, my god. >> he had gone to gym. in fact, he was still there. >> i'm like wake up. what are you doing? they're looking for you at work. i was like oh, my god, this can't be happening now. with this one little nexgard chew comes the confidence, you're doing what's right, to protect your dog from fleas and ticks for a full month. it's the #1 vet recommended protection. and it's safe for puppies. nexgard. what one little chew can do. so you have ten years experience... i do. but no phd? i do have a masters in early childhood development. you don't mind if i record this,

tom: from new york city for our viewers worldwide, i'm tom keene. bloomberg "real yield" starts right now. coming up, the yield curve inverts, december its, and historically or fixed income on fears of global slowdown. bond yields price to perfection on germany and surging negative yielding debt. finally, credit markets enjoy real volatility. high yield at their widest since january. issue, fears a big of recession and uncertainty surrounding trade sparking a rush into safety. that leads to a u.s. yield curve that inverted wednesday. as i recall, the first time since 2007. >> the recession is avoidable. >> that does not necessarily mean we are going over a cliff into recession. >> it tends to be about 18 months earlier than you see recession. >> and this is about traditional signals of the yield curve. >> inversion. >> 2/10 inversion. >> markets always short-term. is an extreme way, seeking safe haven. >> looking for safety. >> treasury bonds is where you go. tom: terrific conversation through the week to run all the bloomberg media. we want to adva

i called tom. i told tom, the door's locked.id he would call his mom and get back to me. >> reporter: and according to schrauben, tom called back within minutes with a backup plan. >> he told me his mom was going to go out that night and that they needed it to happen tonight because his mom can't take it anymore. he said we didn't do it tonight, his mom was going to do it. >> reporter: they returned that night about 9:00. schrauben's stor by was he dropped his friend off and drove around the neighborhood while his friend snuck inside and stabbed jack jessee to death. >> we had walkie-talkies. afterward he called when he was done and told him to pick him up. so i'm turning to go back. he had a little blood on his legs. we looked for a place to clean himself up. i believe there was a del taco place. there he went inside to clean himself up. >> the information he provided, if we could corroborate what he said, would blow the case wide open. >> t.j. garrick was questioned and denied everything. he said he wasn't in the car and he di

you need to relax tom. oww! tom, you need a little tom time. a little tt. stop living with at&t. homes than anyone. >> reporter: small town corning, new york, is in disbelief when just 24 hours after kelley clayton is found murdered, her husband is arrested, in part because of the statement given by the only eyewitness to the crime, his young daughter. >> more tonight on the murder in caton. tom clayton is in jail, accused of killing his wife. >> when tom was arrested, i was in shock, definitely, like everybody. >> reporter: had she ever confided any problems with you? had she ever indicated any aggression from him? >> never. >> people always think, we make an arrest, that's the end of the case. but the investigation continued. it was determined shortly after tom was arrested that there was a lot more to this story. >> reporter: kelley's family can't believe her husband could have done it. they point police to michael beard, clayton's longtime employee. >> if tom didn't have any work through servpro, he always had him up at the house doing stuff. cutting down wood or whatever. >>

he became an inspiration, not the inspiration, for the literary character "uncle tom" in uncle tom's cabin. and they actually were alike in some ways only. hair yet beachrriet beecher sto characters but she was developing a character who was a very, very devout christian, tried to persuade other people to deepen their faith, sacrificed themselves for others, was beaten, tortured, died, and forgive his tormentors as he died. that's really not josiah henson. that's christ. even though there were many inspirations for uncle tom, josiah henson got associated with it, and this was one of the best and the worst things that could happen to him. it caused his fame to skyrocket. he has an exhibition at the london's world fair of the lumber produced at the settlement in canada. and even queen victoria met him and invited him to windsor castle. he was a famous man. more so when he became associated with uncle tom which originally was incredibly high praise. >> and so tell me, how did harriet beecher stowe know about him, and did the two ever meet? >> yes. they did meet once, at least once. they

tom and francine? tom: thank you so much.or our team in asia with our coverage led by ottis and our media coverage led by the man who camped out at the hong kong airport day after day, spearheading the coverage is fione lee on twitter particularly on the weekend with important messaging on the protests and thrilled she can get to the t to weekend protest in hong kong. he tanks on the border, etc. first we must speak of cathay pacific. it harkens back to the great industrialist of hong kong over generations, how shaken are swire and the others now after what we've seen? fiona: thank you, tom. i think it's unprecedented time here. i think in the past few days we've seen conglomerates and tycoons that came out with statements supporting the government, condemning others. so how cathay got singled out in the past two weeks,, and actually it's been reported the c.e.o. has resigned and haven't gotten an official announcement from that from the company. again, we'll have to wait and see the next few hours confirmation from the compa

francine, tom? tom: thank you so much.ncies, commodities, let's get right to it. interesting charts framing where we are on a tumultuous week. futures continue to advance. who knows where that will be. curve steepening, 8, 9 basis points, seven basis points yesterday. we have some steepening in the 2s/10s. [audio drop] tom: -- a little bit higher yield. bi, 0.74.r and renim francine: i have a similar data check to yours. i will get to italian bonds in a second. we have not showed it yet, with salvini same time is running out on the italian government. european stocks edging up a little bit. gold fluctuating to a six-year high. i want to show the vix index. 7.0422. was fixed at tom: i saw this in my head and said, what's it really look like? this is the best mathematics on the dollar. it is the bloomberg dollar index. it is an exclusive like to do. what is stunning here is the dollar right now, even with the recent rally, this is what the president has been screaming about, guess what? we are back to 2015. the dollar is inc

tom: thank you.a data checks. as nejra mentioned, there is still occur in version, and the major story is euro and yen weakness with functionally dollar strength. the euro is substantially under 111. to the next screen, oil with a bid, equity markets down, closing above 26,000. we make note of that. the mexican pass so is maybe our emerging-market proxy now nicely above 20 pesos, a weaker peso this week. tom, a firm splash of green on the screen for european equities after some weakness. the 10 year treasury yield is back above 1.50. the 30-year also went back up after mnuchin's comments to bloomberg, and there we are sitting just below 2%. cable also extending losses from yesterday. 1.2189. 10 year of th btp yield, heading for a record low close. tom: and i want to go to a chart this is important to frame, where we are with all the politics in the u.k. it goes back to john major, it really speaks of him and his for rogue of 1997, which led to the blair government. let's get the chart up now. we have

tom: 9:00 p.m.night china steps in and fixes the new level around seven but in a much stronger level than what was expected, a rebound to be stability this morning we see. onncine: we will have more the market moves but let's get to the bloomberg first word news in new york city with viviana hurtado. >> china is asking to limit the yuan lunch after the u.s. labeled in a currency make a with the central bank -- manipulator. it announced the sale of yuan denominated bonds in hong kong both helping to drive the offshore yuan higher and the trump administration action seen as a major escalation of the trade war. goldman sachs expects the federal reserve to cut rates three times this year. in a revised outlook they cited rising trade tensions between the u.s. and china and the prospect of a hard brexit. the bank no longer expects a trade deal before the 2020 presidential election. china has made some of his strongest comments yet on the hong kong protests with beijing urging hong kong citizen to stand up

tom: much more to talk about.le best chart in the next half-hour. moments ago, deutsche bank makes a new low. coming up on trade on those important chinese headlines, carla hills with david westin .nd the 12:00 hour ♪ from the couldn't be prouders to the wait did we just win-ners. everyone uses their phone differently. that's why xfinity mobile let's you design your own data. now you can share it between lines. mix with unlimited, and switch it up at anytime so you only pay for what you need. it's a different kind of wireless network designed to save you money. save up to $400 a year on your wireless bill. plus get $250 back when you pre-order a new samsung note. click, call or visit a store today. ♪ this is bloomberg "surveillance," tom and francine from london and new york. we have a lot of market movements and we are keeping and i on stock drops because of china saying they may retaliate against the u.s.. let's get straight to the bloomberg first word news in new york city. renita: china fired the latest shot i

tom? tom: very good. i want to talk about what changed in the last 24 hours.urve, the difference between the 10-year and the two-year has come in under 12 basis points. are we going to get to an inverts two cent spread? >> i think you can easily get there in a few days. it is the quality of that recession signal that you really have to question. when we have had an inverted curve it has been anywhere from six monthses to two years before the recession actually starts. it is not just the slope of the yield curve. it is better represented by the rates. tom: i don't mean to interrupt but what permeates all of your wonderful research is we're looking at these yield dynamics. can we use norman 1010 analysis or make it up as we go? >> i think what you have to recognize is when yields are at such low levels there is by definition less scope to provide additional stimulus. the fed still has room to cut but not as much room as they have had historically when the u.s. goes into a recession. you really have to windower what the situation could look like in a year's time

tom: thank you.we did, being a little bit nerds, if you puzzle, there is about 78 pages on tech knology -- technology and almost a dozen on government but 04 regulation. regulation. tom: are you long bitcoin? huw: no. francine: i was going to ask on the subject of regulation whether you had done any work on open-ended funds like woodford and what kind of role could central banks take? huw: that is a topic i have spent a lot of time on when i was at morgan stanley. i have done -- not done work on this because i was trying to look ahead. it is something for the sca. i think this looks like 3rd avenue, an individual fund that got into a very liquid position and hit the redemptions. this is an open topic to think --ut what open-ended francine: thank you, senior advisor to governor carney. coming up, the chief financial officer of general motors. we will ask her a thing or two about what they do next and about the trade environment, at 8:30 a.m. in new york. this is bloomberg. ♪ ♪ bloombergtechtv "surveil

tom: yields come down.ltiple, and you rationalize pe multiple younsion and a value meal given all this noise? thomas: the u.s. value is over 50. tom: she is in the triple leverage growth. thomas: it is as almost -- almost as if they do not believe the interest rates. the discount rates are a big deal and i don't think people have adjusted. there are too many people my age, it is unreal. tom: we talked about the actuarial assumption of pension plans. it used to be 6%. what is it now, for percent? thomas: there bond component is below two. francine: good morning from london. what are people mispricing? if you look at some of the things in the market, what are people getting wrong? is there a metric to indicate a sea change? thomas: the metric is basically multiples. i think the market still feels expensive for a lot of people when they say the market is at all-time highs, which it is not today but was a couple of days ago. they are not looking at relative to historical multiples relative to the 10 year treasu

tom: well said.he federal reserve prorogue's, as they say in england. usually wanders in about 10:00 a.m. i don't know what he is doing this morning. morgan stanley on a dearth of earnings, we will get an update. jonathan ferro will lead the conversation in the 7:00 hour. this is bloomberg. ♪ ♪ tom: we welcome all of you worldwide, nejra cehic in london, tom keene in new york. story,italy, a secondary now there are some real tangible headlines of agreement. wednesday at 12:00 noon in room, and they will move into the evening of a government. i would note that the italian-german spread comes in 2018 narrow for nejra. that is bond talk. nejra: i am happy to be part of any bond talk. in the absence of any tweets from trump on trade, and the the, boris johnson asking queen to suspend u.k. parliament from september 9 until october 14. politicians are due to return from recess next week, squeezing the time to block a no deal brexit. johnson says he is not seeking a general election. given the developments

tom: any number of dynamics.erational part of the fed. operational instabilities if the president screws this up? will they worry about currency intervention at the new york desk? matthew: it is an open question. we do not think so. the fed is worried about growth slowdown. the key message from jackson hole was that the u.s. is not immune to global pressures on growth and currency pressure. the fed will be cutting rates, 25 basis points in september. nejra: good to see you, matthew. one of the things the fed looks at his financial conditions, as do you. what inputs are you looking at deutsche bank giving you a sense of recession probability? broad index, credit spreads. we have not seen them widen as much as the decline in equities. dollar is an important element. trade-weighted dollar has strengthened significantly recently. you're seeing a tightening of financial conditions. on our metrics, they are negative. they are restrictive for growth going forward. that is a big change relative to several months ago. if

>> tom: it's a long game. he's the first president that has the backbone to take china on. >> jessica: your paycheck hasn't been affected, but talk to people who are affected. people in the automotive industry. the people who are farmers. waking up tomorrow with less than they had today. we are sitting here in an air-conditioned studio. >> tom: is a long game. you can't -- >> jessica: give me a break. is that not true? you are a farmer and i didn't know? >> rachel: there is not a manufacturing boom thanks to donald trump. thanks to president trump. yes, people who are in -- >> jessica: michigan. >> melissa: you have to separate the whole thing. if you talk to people who have dealt with china for long time, whether it's talking about the fact that somebody did need to stand up to china in terms of intellectual property. i have talked to farmers myself off the air who say they've dealt with china for years, they are selling cashews and almonds, they have totally different rules for both. and they are happy to ta

tom: things a lot. thank you. the president allies say comey, the south carolina publican rescinded or said inspector general report is a stunning and rebuke of a former director of the fbi. in louisiana republic senator john kennedy explained why. >> fbi agents and fbi directors have political beliefs, sure they do. but they're not supposed to act on them. the fbi should not be a political body. and mr. comey acted like a political operative. while he was fbi director in everyday sense. it is just sleazy. it is important to note that comey is not out of the woods as taylor swift might say. we are still waiting on a result of a separate investigation into the origin of the russian investigation. why is comey claiming vindication. here with me tonight, on the panel attorney and fox news contributor emily comic-co. and matt welch and david koller, editor-in-chief and author of the donald. chris benford. emily i know you want to get on this with your lawyerly point of view. we know he shared his memos with the media

tom? >> such a mystery. all right, diane, thank you. >>> an ominous new report from the united nations about the threat to the world's food supply. more than 100 scientists warn that soil is being lost between 10 and 100 times faster than it is forming, and that climate change, including flooding and drought, is speeding up the loss. but they say there is hope if change comes quickly, including shrinking farmland while growing forest, wasting less food and persuading more people to shift from meat-based to plant-based diets. >>> and there's still much more ahead on "world news tonight" this thursday. the danger in the sky. a flight attendant fired and facing charges for allegedly being drunk on the job. tonight, the video from inside the plane. >>> plus, the headline tonight about the trendy medical treatment that has sidelined an nfl superstar. how he suffered a painful case of frostbite. >>> and an incredible story. the moment that brought an entire airport terminal to a standstill. what was on that plane

tom? >> kaylee hartung for us. thank you. >>> new images of the escaped inmate in tennessee, suspected of murder and considered, quote, extremely dangerous. authorities releasing several mug shots of curtis ray watson to show how his appearance may have changed. watson may have killed a high-ranking prison employee before his escape. and tonight, state officials with this chilling warning that he could be anywhere right now. here's abc's victor oquendo. >> reporter: tonight, an all-out manhunt for an escaped prisoner who, authorities allege, is now a murderer. their stark warning -- >> this individual has been missing for a day. we don't know where he is and he could be anywhere. >> reporter: curtis ray watson, who's six years into a 15-year sentence for aggravated kidnapping and has a previous conviction for child abuse, escaped wednesday from a tennessee prison north of memphis. but first, officials say, he killed 64-year-old corrections administrator debra johnson. >> she was very perso

tom? >> the rush is on. all right, gio, thank you. >>> and of course, hurricane dorian is arriving just ahead of labor day, disrupting a busy travel weekend. a record 17.5 million passengers were set to fly over the next few days. with millions more planning to drive. tonight, their plans could be changing. abc's kaylee hartung is at the airport in jacksonville, florida, tonight. kaylee? >> reporter: tom, all the major airlines are issuing travel waivers starting tomorrow for flights into florida's big airports like the one here in jacksonville. but the impacts of dorian as it approaches will be felt far beyond this state. throughout florida, airports are securing equipment. the military safeguarding planes, too. and the coast guard, they're strapping down boats. but the big question for the millions who live here is, what will happen on the states major will happen on the state's major roads? officials trying to avoid a repeat of some of the traffic nightmares that happened in the leadup to hurricane irma.

tom? >> rob marciano and his team tracking the storm. >>> as we said, florida is in a state of emergency tonight, as hurricane dorian barrels towards the mainland. people are already waiting in long lines for gas and water and other supplies. abc's gio benitez is in miami tonight with the rush to get ready. >> reporter: tonight, worried residents are lining up across the entire state of florida, snapping up supplies. outside this lowe's near orlando before dawn, racing to get generators. tampa-area costco. this is what we're seeing all across south florida. people preparing for this storm. loading up that plywood to board up their homes. at this miami home depot, we met jose norieg buying 26 sandbags. >> we're obviously plans for the worst possible, but hoping for the best. >> reporter: dorian tore through the u.s. and british virgin islands wednesday, winding gusting above 110 miles per hour. ripping this roof to pieces. and tonight, it's getting stronger by the minute. florida's governor

tom: keep it up. ♪ tom: never a dull friday.ive a it in london -- nejra cehic in london, i am tom keene in new york. greg valliere and lakshman achuthan with us. this is the vanilla unemployment rate and all you need to know is it is eisenhower like, it is lbj, vietnam war boom like as well. we got a bit of a disagreement. your work says it is over. lakshman: our work says the vector on jobs growth which is separate from overall growth and inflation, has turned down. our leading employment index is at its weakest growth rate in 10 years, so directionally the call is in. we can discuss what are the details in the construct, but directionally decelerating jobs growth is what you should expect. the socialant is reality of getting qualified workers. that is a washington distinction. about three or four weeks ago i was in michigan where the unemployment rate is 3% and they cannot find more skilled labor. they add that a lot of young people cannot pass a drug test, so you have to limit in terms of job growth. you have a president who

i am tom crean. -- i am tom keene. be the european banks. they descend further this morning. francine: they do. reading.e cw it was bad. we were expecting a -48. hong kong is our top story. that. feel anxious about we saw it clearly yesterday. we heard moments ago, the airport in hong kong has canceled all departing flights for a second day in a row. it will have an impact on the hong kong economy. it could have an effect on how china deals with the. tom: kevin cirilli will join us ponse hour on the u.s.' res on what we see. here is viviana hurtado. viviana: we stay with hong kong and the breaking news about protesters forcing the airport to cancel all departing flights. demonstrators jammed the airport for the fifth straight day. hundreds of flights have been canceled before authorities decided to halt remaining departures. dozens of arriving flights have been canceled. the impact of the u.s.-china trade war, singapore cuts its forecast for economic growth this year to almost zero. second quarter figures show gdp shri

tom had a great chart.anxiousness that the chinese have to deal domestically while at the same time not losing face with the u.s. does it just get worse from here, trade concerns? to see.t is difficult normally we talk about safe -- about face-saving ways out. xisident trump and president are two leaders in the world that do not necessarily need to face away out -- face-save away out. president trump has shown he is quite happy to completely flip his views one hundred 80 degrees without much because to do so. that being said, it seems to me that the path for these tensions is to remain elevated. i would say that where previously i would have said keeping the population happy is the number one priority of chinese policymakers, what we have seen in the last 12 to 18 months is that president xi has shifted dramatically to a more maoist approach to the chinese maybe that is not quite the limit on policy that we have seen previously. francine: the other interesting point we have seen more and more is possible do

tom?om: coming up on the show, tencent disappoints in the first half and cautions on what is ahead. we will unpack those results later this hour. this is bloomberg. ♪ mberg. ♪ tom: welcome back. let's bring you up-to-date with the biggest business flash headlines. lenovo lower despite reporting better than expected quarterly earnings and regaining the lead in the global pc market. $162ncome rose 111% to million, $10 million more than the estimate. it help them beat rival hp in the last quarter and regain top position with 25% of global market share. a rough 2018. near $13 billion second-quarter revenue was not enough. ad revenue struggled to outpace forecasts. a slow down and the chinese economy has not helped in tencent faces stronger competition from the most valuable start up. tom: macy's plunged as quarterly numbers missed estimates, it is also slashing profit outlook for the year. that does not take into account the next round of president trump's tariffs on chinese products. investor

tom: thank you so much.encies, commodities. absolutely extraordinary with the whiplash over the last 48 hours. futures with a bounce, at 10:00, i think it was. futures -11. that is a stunning number. 0.85. all you need to know if you do not understand it is curve inversion of the vanilla to sense bread is a huge deal. we will be all -- of the vanilla two-sent spread is a huge deal. the vix is remarkable. off the china announcement, the capitulation of the president. renminbi goes 7.06. 10-year the u.s. yield. the german 10-year yield is a recession statistic. francine: recession statistic. a lot of markets and a lot of market participants around the world will be looking at it. i am looking at a similar data check to yours. i need to stop saying that. i just mean when there is a little bit of fear out there, we look at the same thing. treasuries gaining, european bonds gaining, investors trying to figure out the data from germany and from parts of america. i am looking at stocks in the u.s. pretty much slipp

fatima, can you tell us about tom ? liver to you? yeah. fatima, can you tell us about tom?. have you seen yeah, that was not right. have you seen his picture? yeah. -- that's right stop and he's your hero, yeah stop it means so much to me. can you remember the first time you...? stop it means so much to me. can you remember the first time you. . . ? yes. we met in the park. and i made with fatima, you said come behind me, but be careful of my liver. you knew at five years old that you had to be careful. and then you met pippa and you told us about what happens to butterflies, and what happens to them. you were very much into them. it's the gift of life, isn't it? you have the bracelet from lisa, don't you? you love butterflies, is that your special thing? why are they so special? because they have beautiful wings. that is a lovely, lovely bracelet. and she has a lovely song all about recycling. i like to think tom all about recycling. i like to think to m re cycle all about recycling. i like to think tom recycle his organs. she has a brilliant recycling song. can you rememb

tom? >> all right, thank you so much for that, whit. let's get to ginger zee, and ginger, these storms are hitting right now? >> reporter: right now, we are just in the thick of it. i want to take you to the map. more than 100 severe storm reports already. you see the yellow boxes, those are severe thunderstorm warnings, meaning it is happening, it is imminent. 60-pl 60-plus-mile-per-hour winds, anywhere from new hampshire and vermont, down into delaware and, yes, philadelphia, new york city still included. even into eastern north carolina. but there's another cold front on the map. that's the one that we're tracking for tomorrow to bring segments of storms anywhere from, say, el maya, new york, to columbus, even cincinnati. >> ginger, thank you. >>> now, to a nation very much on edge. fearing another possible mass shooting. the headquarters of "usa today," take a look at that, evacuated over reports of someone with a weapon, possibly inside the building. and a scary moment right here in n

tom? >> kayna, thank you. >>> now to the stunning death of a professional race driver and tv host, jesse combs, known as the fastest woman on four wheels. she died in a crash trying to break her own land speed order in oregon. you see how fast she goes there. the accident occurred as she tried to go more than 500 miles per hour. here's will carr. >> reporter: jesse comb seen barrelling across the dessert died chasing her dream. the 39-year-old was attempting to set a new speed record for women trying to go faster than 512 miles per hour. her team calling 911 moments after. >> the jet, the high speed jet scar that we got crashed and the pilot is fatally injured. >> reporter: in a statement, her family said she left this earth driving faster than any other woman in history. wildly considered the fastest woman on four wheels, in ainrvi emotional conversations with her mother about the dangers involved. >> she's like, is there anything i can do. really, mom, there's not anything you can do but

i'm tom llamas, in for david. president trump's trips to dayton and el paso in a moment, but we begin tonight with the outbreak of severe storms at this hour. flash flooding from the plains to the east coast and now a tornado. that twister touching down in springfield, new jersey, today. heavy rain flooding the streets in baltimore. cars, you see them there, under water. and this huge waterspout forming on lake erie. severe thunderstorm watches across several states at this hour, including philly and new york. abc's whit johnson leads us off. >> reporter: tonight, heavy downpours and damaging winds across the northeast as millions head home from work. >> this is a really dangerous storm with heavy rain, lightning, gusty winds. >> reporter: this time lapse showing the severe weather moving through new york city. a confirmed tornado touching down in nearby union county, new jersey. this, after a supercell brought large hail to parts of the heartland, the size of baseballs in south dakota. >> there's some that are a

tom? >> rob we'll track it through the weekend. rob, thanks to you. >>> and 17 million people bracing for the storm. it's not just homes and businesses that are being battened down. airports, construction sites, even the kennedy space center is on high alert tonight. abc's gio benitez is in miami again for us. >> reporter: tonight, residents along florida's east coast boarding up. the clock ticking on final preparations as more than 17 million residents wait for word on evacuations. >> if you're in an evacuation zone and you're ordered to evacuate, please do so. >> reporter: many cities, including miami, handing out free sandbags. hurricane irma is fresh on gabriel velazquez's mind. >> when irma came, the whole apartment, the whole complex, the first floor was flooded. to prevent that, this year, i'm getting sand. >> reporter: the hunt for fuel is on. in southwest miami-dade, long lines at 2:00 a.m. and they're not letting up. by midday, pumps running dry at more than half of the gas stati

tom? >> marcus moore with that new reporting. marcus, thank you. >>> the 21-year-old suspect is in custody. witnesses say he gunned down the shoppers in cold blood at that texas mall. abc chief justice correspondent pierre thomas learning from the sources what police are now doing at the suspect's home. >> reporter: tonight we're learning the alleged shooter's name, patrick crusius accused of carrying out one of the most deadly mass shootings in verece memory. the horrific scene playing out all too routinely, reports of a lone gunman armed with a rifle, calming walking into a shopping center, coldly murdering customers. >> we need the walmart parking lot secured. >> reporter: law enforcement confirming the death count. at least 20 killed. dozens more wounded. >> the capability of the weapon allowed that and then his intent and then the location he choose was a walmart, a super mart where people are in large numbers there. if you're firing randomly at people, you can cause a lot of damage.

tom: other protesters organized.am in the central district, are the protesters coalesced in one thing? >> it's hard to say. we saw -- we talked about how this is leaderless and these mobs popping up in areas. the crowds of actually gotten smaller and we've been speaking , it seemsf experts like because the crowds of gotten smaller, they fear the government may be winning in their tactics which is to not offer any major concessions until the violence dies down. i'm looking at the index futures. clear the rhetoric stepped up today, officials sing protesters have committed serious crimes. is that an indication they will deal with them in a heavy-handed way? >> it seems like we've seen the rhetoric ramp up from beijing. last supported police offices out there but we've seen hong kong police retching up tensions there. -- ratcheting up tensions there. if it reports a police going undercover wearing black protestersfiltrating and people -- and arresting them. for the first time, police officers fired tear gas inside the su

tom: thank you very much.like mandarin skills and virtual banking and you are well set in hong kong. in hong kong for us. coming up, india's retail inflation slowed in july, giving the r.b.i. room to focus on growth. details next. this is bloomberg. ♪ tom: welcome back. a check of the latest business flash headlines. the off-again, on-again cbs-viacom romance has led to a marriage. deal unites the most watched network with the parent of paramount pictures, mtv, and nickelodeon. have 61%holders will of the new company with the remainder going to viacom investors. sherry redstone will be chairwoman with bob bakish as ceo. moody's is warning exxon mobil its credit rating may be lowered as spending balloons and debt piles up. the agency assigned its highest rating of aaa to exons $7 billion offering of senior notes but the rating and stable outlook are under pressure because exxon is outspending cash flow and its refining and chemical businesses are underperforming. tesla's plunge has made it the most profitable i

tom? >>> next a hunt for a gunman who killed two people after crashing his car into theirs during rush hour and unloading round after round into their vehicle. the shootout in houston, backing up traffic for miles. the gunman drove away before police arrived and they are asking for the public's help to find him. here's abc's clayton sandell. >> oh, my god. >> reporter: houston police are searching for a gunman who turned a rush hour freeway into a deadly shooting gallery. one victim lying on the ground as good samaritans try to keep him alive. interstate traffic backed up for miles. >> they advised a drive by shooting. at shooing a really big gun. shooting in a car. >> reporter: it started at 6:00 last night, two suspects in a dark sedan ramming in this silver car, forcing it to spin out. witnesses say one suspect jumped out of his car, firing what appeared to be an ar-15 rifle. >> he actually pursued the vehicle as the vehicle rolled down the hill, firing rounds at the vehicle as it rolle

tom: i think there's a fundamental divergence. one, i think the of us consumer is still very strong. areink u.s. corporates managing the trade war pretty well. stockingeen a huge d globally that's hurt pmi's, and because the yield curve to flatten, but the long end has been steepening. that has led the pmi's by 16 months. that tells us that starting this fall, we should see an upturn in pmi's. if that is the case, i think we have suitable impulse coming bash deck i think we have cyclical impulse coming back -- i think we have cyclical impulse coming back. ofnie: when it comes to some the big ticket items, you would actually be buying those 100%. tom: yes, but this is under a basic presumption that the trade war doesn't move to the phase of mutual destruction. at the end of the day, china and u.s. can't win this trade war. so really, our base case is that this doesn't escalate. that's the risk. vonnie: do you look at every tweet from the president and change your models? what are you waiting for? what would be the catalyst for this

i'm tom llamas. have a great evening.ght. >>> this could be a huge game changer for the nations economy. a proposed california law that seeks to offer greater protection to people who work depends on ride. >> they're willing to spend millions on a ballot measure if they can't reach a deal with lawmakers. >> live with more. >> we were at the ferry building. where ride hailing companies come and go. every hour. a fierce battle maybe beginning with us the companies if lawmakers pass a law to give drivers wage protection. >> we deserve this. >> reporter: he has been driving for uber for two years and works ten hours a day. because he has two kids to support. he likes t pposedrom inent contractor to a employee. with benefits and protection. >> i have no benefits so far. i work only here and i have no other jobs. >> they oppose the bill saying it would topple the business model and destroy the flexibility of the business and the workers rely on. >> i would like to ask people above me, management. to do anything for us. >> uber

tom? reporting in the suicide new investigation. thank you. >>> now to the breaking news in tennessee. the escaped inmate suspected of killing a prison official is behind bars tonight. is overnight, family alerting police of their surveillance video. that is a suspect rummaging in a refrigerator outside the home. police flooding the area, taking him in custody without incident. thousands of people are resting easier tonight, including the inmate's daughter. in an interview with abc news, she says she was terrified he was coming for her. here is abc's will reeve. >> reporter: tonight, a fugitive -- convicted kidnapper and accused murderer -- caught in tennessee after a tense five-day manhunt. >> officers from t dot, tbi spotted watson coming out of a soybean field. he surrendered without incident, >> reporter: earlier this morning, home owners spotting curtis ray watson on their doorbell camera wearing camouflage. rummaging through an outdoor refrigerator, the first sighting of him since hi

tom? >> six hours stuck.hanks so much. >>> when we come back, the major recall involving a tyson chicken product. >>> and more of that intense rescue. firefighters responding to a blaze, finding four small children inside. the heroic actions they took. stay with us. inside. the heroic actions they took. stay with us. and live your lives. that's why we redesigned humira. we wanted to make the experience better for you. now there's less pain immediately following injection. we've reduced the size of the needle and removed thcitrate b. and it has the same effectiveness you know and trust. humira citrate-free is here. a little change can make a big difference. humira can lower your ability to fight infections. serious and sometimes fatal infections, including tuberculosis, and cancers, including lymphoma, have happened, as have blood, liver, and nervous system problems, serious allergic reactions, and new or worsening heart failure. tell your doctor if you've been to areas where certain fungal infections are comm

if tom steyer is at 2% in that poll, tom steyer is in the debate. gabbard's in that poll, she's one poll away from making it. she could get her fourth poll in the "usa today"/suffolk poll coming out tomorrow. tom steyer, two shots. if in either one of these polls he can hit 2%, he can join the candidates on the debate stage. tulsi gabbard would need 2% in both polls. marianne williamson, there really isn't a scenario for her unless there are more polls coming out tomorrow. realistically speaking the drama is around tom steyer, maybe tulsi gabbard too. it's a question, are you going to have a one-stage debate for the first time? or are we going to have another one of those multi-night affairs? we will know 24 hours from now. >>> raise you're hand if you're being outspent in the 2020 presidential election. >>> as we just mentioned, tom steyer needs 2% in just one more poll approved by the dnc tomorrow. if he gets that, he qualifies for september's debate. as you might have realized, tom steyer is already all over television. the billionaire former inv

thanks, tom, for taking my question.ording to the state of new york, donald trump is an unindicted co-conspirator in the commission of crimes. michael cohen is serving prison time for those crimes. prosecute donald trump on the campaign trail? we know according to the special counsel report, over 170 different meetings with the trump campaign and russia. if that was any other president, i do not think he would make it this far already. what will you do to prosecute that case? mr. steyer: claude, we need to distinguish between the constitutional ability to impeach and remove the president with a criminal charging of the president and prosecution after he is out of office. it is the practice of the department of justice not to pursue any criminal case against a sitting president because they feel it takes up too much of his time. any criminal prosecution must follow his leaving the presidency. while he is president, the constitutional remedy for a corrupt president like the one we have or someone who has broken the law and

i'm tom llamas. we begin with breaking news, the latest advisories just coming in or hurricane dorian, gaining strength and making a shift. dorian with winds up to 80 miles per hour on track to hit florida's east coast as a possible category 3 hurricane. the storm passing between puerto rico and the virgin islands at this hour, dumping up to eight inches of rain. thousands without power. florida joining puerto rico issuing a state of emergency, and late today residents scrambling for supplies, stripping shelves bare beforelad rob rciano ihead f. th atormean't tak o ey off. >> we need to prepare for it, tom. likely a major hurricane. you see the eye developing northeast of puerto rico. the center is northwest of st. thomas by about 60 miles. it has getting hammered with big-time wind and rain. a big ridge of hig the south. that unfortunately is going to bend this thing, pushing it towards the u.s. as we head towards the weekend. let's time things out, strengthening in intensity during the day tomorrow

tom? >> julia, thank you. >>> now to a major court case makes liheadlines tonight. the man caught on camera in a florida parking lot claiming self-defense now heading for jail. what the jury saw on that video that appears to have brought them to the verdict. the latest from abc's stephanie ramos. >> reporter: tonight, the family of an unarmed man shot dead in a florida parking lot, says justice has been served hours after a jury convicted the killer of manslaughter, after claiming self-defense. >> i went home last night, and i woke up little markeis and said, "baby, we got justice for daddy." >> the defendant is guilty of manslaughter as charged. >> reporter: that verdict coming one year after this argument outside a convenience store in clearwater last summer. in this surveillance footage you can see michael drejka approach a car parked in a handicap spot. markeis mcglockton is inside the store at the time, with his son, while his girlfriend and two small children are waiting in that car.