. >> it's celebrity week, las vegas, and tom green is back to play for charity. coming to you from caesars entertainment studios, this is "who wants to be a millionaire." [dramatic music] ♪ [cheers and applause] everybody, welcome to the show! it is celebrity week, las vegas! [applause] so let's bring back out comedian tom green! ♪ welcome back. >> thank you. great to be here. >> tom green, who has his show over there at harrah's going strong. good to have you back. you're playing for charity. you're playing very well for charity. remind everybody who we're supporting. >> i'm playing for the keck school of medicine of usc which is a cancer charity. they saved my life in 2000 when

. >> reporter: tom and derian from new jersey vacationed in the green mountain state. now they call it home. >> are you pioneers? very far from it. >> reporter: to their surprise, derian found a nursing job that pays more. tom landed a retail management job, a speedy 15 minute commute from theirur bedroom h. far less than new jersey. depending on your perspective, what makes vermont unique is either a positive or a negative. the largest city here is tiny. if you shop at target, they don't exist here, there's not a mcdonald's in the state capital. and you'll never see a billboard here, because they're outlawed in vermont. another thing missing here, ethnic diversity. more than 94% of the state's population is white. most to two mississippi natives is a feeling that they're wanted. >> it's a pretty white state, but the difference is the attitude.. >> reporter: the promise of an unexpected home. >> i never imagined i would leave the comfort of new jersey. >> you almost get lost in the shuffle, you're a number. and here in vermont, you're a part of it. >> reporter: after ta

. ♪ ♪ tom: red and green on the screen. nejra cehic in london. i am tom keene in new york.little red. huge volatility yesterday. right now, here is taylor riggs. taylor: sources in washington say the u.s. is preparing to slap tariffs on all chinese imports if talks between the presidents fail. they are expected to meet briefly at the g20 next month. that would mean the introduction 250 billion ine new import duties. we have really helped rebuild china. they have been taking out an average of $500 billion a year for many years. not going to happen anymore. taylor: u.k. chancellor philip hammond has promised an and to austerity despite weak growth forecast and uncertainty over brexit. as well as extra cash for the national health service, the promises money for schools, roads, and defense and a next her 500 million pounds in case the u.k. leaves the eu without a deal. a tax on tech companies like facebook is among the measures and an increase in duties levied on internet gaming operators. a new chief business operator was hired on friday and replaced on sunday. ceo evan spieg

we have 22july which opens next wednesday, paul green grass on a real—life tragedy. venom, tom a parasite from outer space. and columbus, life, love and architecture. we are going to talk about a star is born. we will have a bit of a round—up. let us start with, it couldn't be a more difficult topic. 22july, the new paul greengrass movie, which opens in some theatres and netflix. in some theatres. this is becoming more and more a netflix pattern. this is a drama about the atrocity committed by anders breivik, but more importantly how a civilised country responds to that atrocity. so although we do see the bombings and we see the outrage on utoya, it's about how the country, the legal system, the survivors, and politicians react to the atrocity. we've got the final number. eight dead in oslo, 69 on utoya. wounded? at least 200. thank you. we are all shocked. this was an attack on our government and on our children. we are a long way from understanding why. but what is clear is that our nation has been attacked by someone who would see it changed. who would see our democracy beco

green: my first speaker was tom foley from washington. i was a new member of congress. we had the biggest new member in 1993 next 93 -- because of redistricting and things like that. i didn't get to know tom very well because i was a new member trying to find my way around the castle. my joke is what i found where the restrooms were at, a wind up with newt gingrich as speaker in 1995. steve: what was he like? rep. green: newt was another very thoughtful person. but coming from a democratic perspective, we didn't agree on many things. steve: what do you think your legacy is in washington, in congress and texas? is. green: i hope my legacy the work i did on education we changed the federal formula to provide more money to poor school districts, including schools in the district i represented, even though it's a houston independent school district, to provide more federal money to schools. in 1997, i moved to the congress commissioned to work on energy and health care. i district has always been health care challenge. before the affordable care act, 44% of my constituents

interesting week, we have 22nd ofjuly with paul green grass ona 22nd ofjuly with paul green grass on a real—life tragedy. then, tom a parasite from outer space. and columbus life love and architecture. and we're going to talk about... which we are both seen. a little bit of a round—up. let's start with what couldn't be a more difficult topic. 22nd ofjuly. this is a drama. more importantly, it is about how a country, a civilised country, response to that atrocity. although we do see the bombings and we see the outrage. what it is really about is how the country, the legal system, the survivors and politicians react to the atrocity. here is a clip. we have got the final number, eight deadin have got the final number, eight dead in oslo, 69 elsewhere. wounded? at least 200. thank you. we are all shocked. this was an attack on our government and on our children. we are a long way from understanding why but what is clear is that our nation has been attacked by someone who would see it changed. it would see our democracy become tyranny, see our democracy become tyranny, see our democracy become tyranny, see our humanity

on infrastructure, i have helped bring in money for everything tom dredging boston harbor, the green line, to the seawalls, 21 -- two more than $100 million for our firefighters in grade. all across this commonwealth. last year, when donald trump wanted to cut the budget for the national institutes of health, which would hurt as disproportionately, i managed to round up enough senators that in fact, we got it expanded by $2 billion. john: equal time. youdiehl: it's amazing that are touting the national institute of health when you were the sole vote for massachusetts and the credit -- the congressional delegation against a bill called the 21st century cures act. this bill for people who do not know was something that passed under president obama, and it had vice president joe biden's cancer moonshot funding in it. this bill has given massachusetts millions of dollars last year to fight the opioid crisis. jobs inl provides massachusetts because we lead with research hospitals. goal was to bill's end terminal illnesses like cancer, alzheimer's you were the sole vote against the 21st ce

tom: can we just put a little piece of green behind you? were a director on a "parts unknown" episode because you were a directing everything around tony, but you were never directing tony. >> tom: so production vehicles should not park in front of the restaurants. let's let the motorcycles park in front of the restaurant. >> steed: did you want to be able to tell tony, like, could you just -- could you get to this point please because, you know, we really do want to get to this point. >> josh: it was all freeform. true documentary filmmaking. >> toby: i would have about 15-30 seconds to kind of go over the main points. >> jared: just don't say action. don't say cut. >> anthony: they actually said action to me on the last shoot. they were like action. then we're like -- so, everybody was like this the whole time. >> jared: probably don't look at him. >> erik: there were no second takes. >> tom: if it was really important, you could beg or pretend to cry. >> anthony: get over it. we'll catch it in post. >> toby: so, stovepiping. have you tal

green home. nothing. could be in the. pretty good. let's move on to the. visit tom foreman. was. this. knowing the ropes of the past good. or bad. the boss in there with you everywhere. nobody every guy said. i'm not a matter. of no money even a hood. but if you believe in a higher growth. everybody. says you know my house has a preview. visit from the met. with. this. through. mind. you. i. want. you. play. play play play play. play play play play play. play. play. play. play play play play play. play. play. play play. play play play play. play play play play play play play . you. want. to. be. in the. one. club. in the back. there. in the crowd. in the. long. long. long. long. long. long. long long. long . thank you. thank. you our. problem. when. he was. going to come was they didn't go. to read in the flow. they want some. words in my. chris. brown mom to. stop his. truck. from. flues. you think. it's time for the dog. press corps because six dumb god save the queen. they wake up from that dream. looked. down from just up to see some good come. soon. that. i could. escape from the

tom: table published a green book, a redbook, a yellow book. chris, let me start with you.milarities to the massive divergences of 1998, the major message is developing countries versus the em tensions that are out there. are there whispers here of the ?hosts of previous crises >> i think we are getting into one of those environments were u.s. interest rates are getting neutral or even tight next year. talking about india, and energy importer with energy prices high and the dollar high as well. that is a double whammy for those em energy importers. it will be a tricky time for emerging markets over the next three to six months. just going to your concerns about dollar asia, the imf cut world trade forecasts from 5% down to 4% in 2019. world trade might even grow slower, close to 2% in 2019. tom: bring this up if you can, jason. dollar inl in u.s. white. in orange india. everything we know about history is this cannot go on. we saw it last week with subsidies for the poor of india for fuel. bali,annot ignore this in can they? but it, they want to, takes some time in india. s

green. you can even zoom in and. we had a pretty good. let's move on to the. business tom foreman. into. this. oh. that's good. in the car in the rhythm you can see it everywhere. nobody ever guys know i'm not a matter. of no money even when. but if you believe in the higher the ground. everybody this is you know my just a preview. this is a tom foreman. with. a. good. looking. girl. with. you. keep. you. up. play. let's talk play. play. play play play play play play play play. play. play. play. play play play play play. play play play play. play play. play. play. play play play play play play. play play play play play play play . well. we have a. lot of. the to. do. in the past. but not. one that was. not. done. in the past. there. in the crowd. in the we. in the long. long. long long. long. long. long long. long. long long. long . thank you. thank. you our. problem. for. coming. to you though. susan. reed in the flow. very soon. once in month. first versus from. brooklyn. do. you think. it's time for the dog. press corps the club could stomach god save the queen. by the way come from that tree. but. simply d

we have 22july which opens next wednesday, paul green grass on a real—life tragedy. venom, toms, life, love and architecture. we are going to talk about a star is born. we will have a bit of a round—up. about a star is born. we will have a bit of a round-up. it couldn't be a more difficult topic. 22 july, the new green grass movie, which opens in some theatres and netflix. this isa drama in some theatres and netflix. this is a drama about the atrocity committed by anders breivik but more importantly how a civilised country responds to that atrocity so although we do see the bombings and we see the outrage on utoya, it's about how the country, the legal system, the survivors and politicians react to the atrocity. we've got the final and number. eight dead in oslo, 69 on utoya. wounded? at least 200. thank you. we are all shocked. this was an attack on our government and on our children. we are a long way from understanding why. but what is clear is that our nation has been attacked by someone who would see it changed. you would see our democracy become tyranny. see our humanity

come to the proctors if discourse peter tom tweet who was condemned by the leading left wing politician petra pyle who described rommel as a war criminal her green party colleague echoed that view saying rommel's crimes in italy should never be forgotten in an interview tarbert defended his tweet saying the nazi general repeatedly disregarded criminal orders and heroically plotted against hitler left party member them again thinks such ideas would not prove so popular if leftists found a better way to engage with the public. on the weekend there were over. two hundred thousand people demonstrating against rasmussen and i think it's a good sign that on the same weekend thousands and thousands also demonstrating on brokers of targets the left lost some people who were earning lower than two thousand or a month who are very poor who do not know what will happen tomorrow and i think rich should. have learned again to speak in their language and to think with their sorrows. the mayor of the italian city of lodhi has ordered all migrant families to provide documents on their financial status including property they own in their home countries failure

this is bloomberg. ♪ tom: we are doing this for francine in gene green. -- gucci green. for a chart.h the telling year versus the deutsche mark, lira weakening. are combined and they flat line. that would set their at 1000 per deutsche mark. what would happen if the lira had floated? one idea is extrapolation out. you get out to 2600 per deutsche mark. the idea of floating the lira is insane. it would be amazing, the wealth destruction in italy. francine: i don't know whether that is the right chart. there are a lot of interconnected the's with the ness with the world. this could be a crunch point for the eurozone and whether they keep together or not. could this be the one to break them apart? could.heoretically it the talk about the eurozone is one of the perennial issues. it will not go away. there is no plan b. the alternative? there was an article in foreign thatrs and it was warned if it were to fail, there could be another war on the continent. in our generation, peace in europe for the first time in several hundred years. i think economic integration is part of i

green card and a path to citizenship..."asked about her own security in the wake of the latest threats against tom steyer and others, senatornstein recalled a bomb found at her house many years ago saying, "been there done that." should president trump be held accountable for fanning the flames of hatred? senator dianne feinstein ".....whether they are flames of hatred or something else, i dont know yet, but presidents should bring people together, president should deemphasize differences and work for the goodness of this nation together and not separate them..."in watsonvlle rob fladeboe kron4news meeting with farmworkers and growers at monterey ( marty ) our coverage of the suspected mail bomber continues at kron-4 dot com. there you will find more on the suspect's social media footprint. the messages found on his van that was seized by police... and reaction from lawmakers. it's all on kron-4 dot com ( marty ) a construction site san francisco is the focus of a racial discrimination lawsuit. the same construction company was named in a similar civil claim earlier this year. swastikas, death threats and racial slurs ....

green." all of which helps you do more than your customers thought possible. comcast business. beyond fast. ♪ carol: welcome to bloomberg businessweek. jason: tomeen shut

green energy. as more renewable sources come online, we'll need fewer and fewer fossil fuel power plants. tom vacar, ktvu fox 2 news. >>> ktvu fox 2 news at 6:30 starts next with devil horns defacing campaign signs in fremont. >> it's not the thing you should do to anybody. doesn't matter they agree with your view or not. >> the police investigation now under way and why the city council candidate thinks he is being targeted. >> plus businesses in berkeley grappling with a higher minimum wage requirement the challenge it's creating for some. >>> the death toll from hurricane michael now stands at 16 and officials expect it will increase. that's because search teams have yet to assess some of the hardest-hit areas of the florida panhandle. among the dead, five people who were killed in virginia yesterday including a firefighter who was responding to a crash north of richmond, virginia. at least 1 1/2 million people are without power in florida, georgia, the carolinas and virginia. >>> facebook says recent data breach on september 14th compromised information for 30 million accounts, not 50 mil

green." all of which helps you do more than your customers thought possible. comcast business. beyond fast. tomngthens. the dollar views a correction. amazon will enjoy its own bear market. john ryding on the markets and chairman powell's reality. the election looms and an american debt. in this hour, stanley collender. american oil independence. edward morse of citigroup. good morning, everyone. this is bloomberg surveillance live in new york, i'm tom keene. francine lacqua in london. what are you watching? isncine: what i'm watching what you are watching, u.s. data, oil dynamics. what i'm watching is brexit, china and the remnimbi. when it comes to brexit, it seems that the pound shorts are more aggressive than yesterday because they're looking at this fraction within the cabinet and the fact that we will hear -- that we will not hear from the cabinet position until monday. tom: we will get to the stronger japanese yen in a moment. here is kailey leinz. kailey: brexit talks are said to be on hold because theresa may' risk cabinet is not close enough to agree. no new plan is likely to be put f

green." all of which helps you do more than your customers thought possible. comcast business. beyond fast. tomies. the nasdaq touches a correction. the dow down 1400 points. it is halfway there. the global elite set remain calm and carry on in this hour. the chancellor of the exchequer. she does not believe in shooting stars but she believes in shoes and cars. amhin the oval office, i told it is kanye. this is bloomberg surveillance live. dazzled at my quoting of flashing lights and shooting stars. kanye with the president yesterday. tom: i am dazzled at your headlines, dazzled at your singing. if you look at european equities, i am looking at stocks staging a recovery this friday. with the china story, one of our top things we are looking at. tom: right now, you need a news briefing. sebastian salek with our news. sebastian: in turkey, this could be the day of reckoning for the american pastor at the center of a dispute. andrew brunson has been detained two years over his involvement in a coup attempt. he appears in court today and the u.s. has imposed sanctions over the matter that rocks tur

green card and a path to citizenship..."asked about her own security in the wake of the latest threats against tom steyer and others, senatorstein recalled a bomb found at her house many years ago saying, "been there done that." should president trump be held accountable for fanning the flames of hatred? senator dianne feinstein ".....whether they are flames of hatred or something else, i dont know yet, but presidents should bring people together, president should deemphasize differences and work for the goodness of this nation together and not separate them..."in watsonvlle rob fladeboe kron4news meeting with farmworkers and growers at monterey lawrence karnow: it was a beautiful day around the bay with highs in the 70s and 80s inland with 60s and patchy fog at the coast. dense fog will fill into the bay tonight and along the coast. lows will be in the 40s and 50s. on the satellite you can see a series of storms off the coast but the jet stream is taking them all into the pacific north west. tomorrow will be partly cloudy with highs in the 70s to low 80s with patchy fog at the coast. there is a slight chance of a few showe

greene and now back to the ben shapiro election special . >> and then i saw him walking. >>. >> there is all sorts of video out there showing who he is. >> actor and comedians tomw is described all the presidents men meets curb your enthusiasm. thank you for joining us. >> that is an honor to just be here with you in person. >> but you tweeted earlier this week alcohol sons your emotional growth if you start as a teenager you stay a teenager emotionally so that talks about his behavior yesterday his unusual bond with the teenage girls basketball team. he is a 12 year federal judge and you are a human being. >> i'm also a recovering alcoholic. it was more about the way he conducted himself. if there is a young woman in his yearbook he referenced her as the alumni club and she came forward they all said that they had sex with her enchanted stuff about her. so i don't know if you were in a fraternity but that is what young guys do. [laughter] . >> i went to the university of iowa all roommates were in fraternity that is a sexual politics of that. but there is the immaturity that we all had sex with her. . >> but calling him a child molester quick. >> but i am sayi

green card and a path to citizenship..."asked about her own security in the wake of the latest threats against tom steyer and others, senator feinstein recalled a bomb found at her house many years ago saying, "been there done that." should president trump be held accountable for fanning the flames of hatred? senator dianne feinstein ".....whether they are flames of hatred or something else, i dont know yet, but presidents should bring people together, president should deemphasize differences and work for the goodness of this nation together and not separate them..."in watsonvlle rob fladeboe kron4news meeting with farmworkers and growers at monterey (grant) the trump administration is planning to send at least 800 active duty troops to the mexican border... it's in response to the large group of migrants from central america...who are walking up through mexico now...heading toward the u-s- border. (catherine) anna wiernicki (war-nik-ee) reports that the president says the troops would help border patrol agents in stopping that caravan completely --take pkg-anna wiernicki: president donald trump says when the thousands of m

green energy, perhaps in the altamont pass. and as more and more renewable sources come online, we'll need fewer and fewer of those fossil fuel power plants. live from alameda, tom vacar, ktvu fox 2 news. >> so tom, is it really truly carbon-free energy that we would be paying for? >> reporter: well, it is in one sense in that you are supporting the industry and the more the industry grows that's happened. but you have to remember the grid is like one big lake. all of the electrons generated by gas, by coal, by nuclear, by solar, all of them go into the same grid. no one can deliver you 100% pure carbon-free energy. but the idea is if we keep supporting it and keep supporting it, then eventually we will get to that point. in fact, in about 20 years, we're going to center to be at that point according to california law. that's the situation. >> so it's a slow progression to really reduce carbon emissions. tom vacar in alameda, thank you. >>> the two men at the center of the ghost ship warehouse fire case appeared in court for a pretrial hearing. derick almena and max harris both face 36 counts of involuntary manslaughter in a trial set for april. the two men hope

green." all of which helps you do more than your customers thought possible. comcast business. beyond fast. tomde $80 a barrel. beijingyuan signals a that must act. trade war.fic all eyes on mr. erdogan. what does he know about what happened on the saudi consulate? where is the body of the deceased? 15 days to a midterm election. president trump says we need a middle class tax cut. good morning. this is bloomberg surveillance, live from new york, i'm tom keene with francine look while in london. , from the bank in germany, growth may have stalled in the third quarter. what we heard from alberto gallo of a slowing europe. how does that affect chairman powell' us path forward. -- powell's path forward. francine: they are saying that the slowdown is due to the test problems. this is the scandals when it comes to the carmakers. it should not last long and optimism has improved. there are two stories, one is the politics stalemate in europe, angela merkel losing speed and the other is tariffs on carmakers. this seems to be more about emission test problems. german growth may have stalled. tom: many

green." all of which helps you do more than your customers thought possible. comcast business. beyond fast. ♪ tom from a correlation, correction. inflation matters. gary shilling on your near and present depth. the election beckons, a nation divided, a caravan of pipe bombs, a care caravan of fears. elon musk kills it. can tesla deliver back to back-to-back quarters of profit. good morning. this is "bloomberg surveillance." i am tom keene. a better tape off the carnage of yesterday. francine: a little better. european stocks were still on the way down. we are still looking at trade tensions and geopolitics. people are saying it is because of monetary policy, but we knew this or a while. tom: there we go. some date of this morning. to give youed just perspective on the equity market. right now, first word news. >> the fbi warns that more packages containing suspected bombs may be in circulation. agents are investigating the mailing of devices two former presidents clinton, obama, and cnn. the cnn president said the white house does not understand how serious its attacks on the media art. the cia c

tom keene. francineic, in for lacqua. we are focusing in europe on the very fact we are seeing so much green in these equities after the values asia overnight and u.s. stocks ended in the green as well. we are bottom fishing. where is the bottom from the selloff? is there a rebound today, or will it sustain? in european markets, gains of 1% across a lot of the benchmarks. tom: is halloween a big deal in london? nejra: it is, and that is probably down to your influence. republicans are out -- the pumpkins are out. ving a also ha halloween bake-off. tom: here is your first word news is taylor riggs. in the the pmi readings world's second-largest economy fell to 50.2, lower than economists were forecasting and close to the dividing line between expansion and .ontraction has growingrnment tensions with its central bank. the government and the reserve bank of india have been locked in a standoff in recent days overregulation of banks and tackling bad loans. it comes at a time when india's currency is asia's worst-performing and the economy faces risk from elevated oil prices. price expectations not rising in leads in assetj purcha

green." all of which helps you do more than your customers thought possible. comcast business. beyond fast. tom prevails. of and down, and lower. risk off. the dollar is stronger. thismorgan of j.p. morgan hour. the president goes after chairman powell. from happy valley. and mohammad bin salman will speak. will erdogan speak? this is "bloomberg surveillance." francine, extraordinary to see to see the giveaway and banks this morning. francine: you are right. we spoke exclusively to barclays. to push asidease the activist investor. we are looking at luxury after the owner of gucci and china. tom: let's get to first word news. taylor: president trump is deferring to congress in responding to saudi arabia. he president told reporters would like to receive a bipartisan recommendation. he calls conflicting accounts from the saudis one of the worst coverups in history. , theresa may's cabinet is said to be at war over her brexit claim. 17 pre-brexit ministers spoke out against the proposal. theresa faces another showdown with her own conservative party. the ceo of barclays has a stronger case to fend

green." all of which helps you do more than your customers thought possible. comcast business. beyond fast. tomo the reality of higher u.s. interest rates, a faltering economy. on chairmanr powell, central banker to the world. this morning, china response to trump policy. the secretary of state says we have a disagreement. the chinese foreign minister says there is damaged trust. the trump administration is "out of line." it is a conservative supreme court. what comes after kavanaugh? good morning. this is bloomberg surveillance, live from new york, i'm tom keene. francine lacqua in london. on the heard from sweden awarding of the nobel prize on economics. this is breaking news for the idea of economics and technology. there are any number of ways to take this. romer are good candidates on innovation and technology. francine: what i love is this always puts a spotlight, it brings the research to the world. we need to focus on it as we have on surveillance and the public will find out more about them. breaking news is also from italy. we heard mr. salvini talking in rome and italian bonds tumble

green." all of which helps you do more than your customers thought possible. comcast business. beyond fast. tomyou. right now, your first word news. taylor: the most significant supply chain attack against u.s. companies. operatives from a unit of the chinese army implanted tiny microchips and servers that make their way into data centers of some of the world's biggest companies, like amazon and apple. attackers toowed create a doorway into networks using the servers. have disputedle summaries of bloomberg's reporting. morning, senators will get a chance to look at that fbi report into sexual assault allegations against brett kavanaugh. the white house received a report overnight and sent it to them mostll,: this comprehensive review of a supreme court nominee in history. tomorrow,s set for and the final confirmation vote could take place over the weekend. saysritish government theia almost certainly hack u.s. democratic party's presidential campaign in 2016. nationalnce from the cyber security center could feed into the investigation by robert mueller into russian election meddling. british au

green." all of which helps you do more than your customers thought possible. comcast business. beyond fast. toms it a market bottom of 500-plus points? is there an underestimation of the resiliency of earnings and cash flow? is there an underestimation of the strength of the american economy? memoji -- netflix -- they kill it. if it is wednesday, it must be ankara. the secretary of state -- with the election 20 days away in america, there is an underestimation of the importance of getting out the vote. good morning, everyone. this is "bloomberg surveillance," live from our headquarters in new york. tom keene. with me, francine lacqua. tom, we know that the investigation is ongoing. we do not know if it will find anything. we do not know whether it is a thorough investigation, which is what a lot of where leaders are putting into question. we follow the situation, we monitor the situation, and we will bring you up-to-date with any developments. generale'se leadership will not attend the meetings. bloomberg has pulled out of that as well as a media partner. right now our media partner with our fi

green." all of which helps you do more than your customers thought possible. comcast business. beyond fast. tomarkets. a slowing global economy. the lady from south carolina exits. the man at 1600 pennsylvania avenue as an opportunity to reshape trump foreign policy. christopher patten and sebastian mallaby in this hour. good morning, i am tom keene. just another story percolating is gam. help our global audience with this lending story. what is -- london story. what is gam? it is have based here and have based in europe. wonderland -- we understand that it is holding informal talks with potential buyers for all of the business or parts of the business as it explores options to stabilize. there are two stories, one is the theme which is do you need bigger asset managers but the other one is specific to gam after they had to suspend one of their star fund managers. tom: let's get scale on the news of the day with our "first word news." taylor: forecasters are doubling down on their warning about hurricane michael. the national hurricane center said the hurricane had turned into a life-threatenin

tom know's pizza up around 45%. so far the only restaurant stock that closed in the green, brinker international, the owner of chile and macaroni grill. mcdonald's was positive earlier in the day thanks to the upgrade from guggenheim before it closed down almost 1% nd, of course, the selloff comes before a wave of restaurant earnings that are coming in the weeks to come. guys, back over to you. >> okay, kate. thanks very much for that. let's now go to leslie picker for the impact on hedge funds. >> i want to read you a line from a report that i got this morning because i think it really sums up kind of the sentiment leading into today's news now, this report, which is from a prime brokerage, says that hedge funds risk down not off by adding to equity shorts and reducing tech longs. ten-year shorts as rising rates derail one of the last remaining tech stocks. nasdaq is positioning to be more defensive. they are hunkering down and many seemed to be leaning into today's movements. now, the report notes the distinction from prior selloffs, january 2016 and most recently the one in february 2018 where we saw that huge v

. ♪ tom: from london and from new york, we need to translate for our global audience here. it's not like my childhood. tear down this wall, that is the greenston. for those of you on radio, good morning in boston. are in aes and red sox three out of five game series. this is like religion. this is a huge deal for these two stadiums. don'tne: a lot of people know what you are talking about because we have a global audience. for the americans watching, we care. go yankees. tom: what do you mean go yankees? yesterday, the populist coalition said they expect gdp to rise by 1.5%. italian newspaper reported mario draghi may have discussed the budget with the president. manager is still with us. the concern if you are on the market is italian bond yields is still a handsome return. will that be outweighed by losses? alberto: the budget is too optimistic. the growth assumptions are too optimistic. there are reforms they give money to the old and the younger generation more doubt -- debt. having said that, if you put numbers into perspective, the deficit is just higher than last year. italy has an account surplus. the real issue was long-term growt