major league baseball will end its long-time partnership with the trading card company topps and work company fanatics topps is left with licensing deals with two major league sports, soccer and nhl >>> on wall street today, the dow wobbling a little bit, down about 67 points. s&p, however, up 6, and the nasdaq was higher by 16. >>> i'm tyler matheson in for shepard smith. it is half past the hour here is what's making the news. >>> covid and kids as case numbers and hospitalizations increase, just how contagious is the virus in young people dr. fauci weighs in. >>> is the company famous for online retail getting ready to build real-life department stores >>> and a successful test of an energy source that could one day mean cheap, unlimited power for the whole world. >>> delta variant pushing some health care systems to the brink. top hospital official in alabama says the state's icus are maxed out, 100%. dr. anthony fauci admits it's not just adults getting infected these days. >> so this idea that children don't get infected or children don't transmit, that's not the case with delta

a merger deal with topps has been called off by mutual consent a day after major league baseball andyers union agree to an exclusive trading card deal that will end the long time dominance of topps in baseball. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. i am laura wright. this is bloomberg. ♪ >> if you ask me what is the strategic priority for the taliban, i would say consolidation of their power and gaining international legitimacy and recognition. this is the priority for the taliban. george: one of our moments this week on afghanistan with the wonderful fawaz gerges. he is an expert on terror. that was a chilling conversation. it has been an extraordinary week. i want to stay -- i want to say thank you for all of the bloomberg surveillance team. ind my pride way with george friedman, geopolitical -- i end my friday with george friedman. kailey with us. lisa abramowicz preparing for the 9:00. george, thank you for being with us. there is a sentence in your essay. last century we we

the merger deal with topps was called off by mutual consent a day after major league baseball and thers union agreed to an exclusive trading card deal with sports collector and trading card retailer phonetics, ending the longtime dominance of topps. alix: equities and commodities, katie gry felt -- katie greifeld is digging into the flows. katie: there was a clear risk off tone as he really dig into the flows. let's look at the leaderboard because sd why was right on top. that tracks the s&p 500. that is a bloomberg news article phrase this week. it tends to be where institutional traders park their money during periods of nervous trading. you also have splv in second place. this clearly saw a bid this week. look at the other end of the spectrum. over $1 billion in i debbie when iwn -- in iwn. a similar story with junk bonds come on track for its biggest weekly outflows since february. guy: chinese tech stocks in particular being absolutely battered. some are now calling chinese tech on investable. there was a sense maybe that you wanted to catch the falling knife at some point. is th

he was supposed to buy assets but instead bought a baseball card company called topps. announced in april. , be decided to and its 70 year partnership with topps to give the deals of fanatics. pretty bad timing for that deal and it is complete. tom: what about ackman? romaine: tom, you ponied up almost $4 billion, so going to the fact that bill said earlier this year, of course there was trouble getting it off the ground and finding a big deal for it, last night he came out with a letter and said, take your money back, tom. right now, where you are looking on your screen, below that $20 offset price from 1975, the close below that yesterday. in addition to asking for money back, he said he is not abandoning the idea. tom: did you age last night? romaine: did i age? tom: did you age last night ordering school supplies? romaine: i did not know where this was going. have you been in a car yet and tried to buy anything and target, probably someone else in your house who goes the real work. tom: romaine bostick, thank you. on bloomberg radio, this played so well, i went into

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this was the deal put together by former disney ceo who bought topps.e with the rest of the world right now. we'll hear from fda commissioner dr. scott gottlieb >> first, the head of nickelodeon with us. you are watching cnbc. rk better together. save, spend, borrow, invest, and earn cash back rewards, all in one app. that's how you get your money right with sofi. i think you're going to like it here. umm, why is everyone... throwing things at me? look, as cfo it's my job to be ready for whatever's next. that's why i have my finance team, randomly hurl things at me. it's also why we use workday. it gives us insights, so we quickly pivot our strategy, people, planning, you name it. sorry, sir. i will aim straight at your next step. see that you do. would you like some coffee? workday. the finance, hr, and planning system for a changing world. ♪ frank doesn't need a posh virtual receptionist, because he cloned himself. while his clone does reception work, frank can go to meetings. visit a job site. and even finish work early. you look really lovely. frank

topps baseball cards will soon be a thing of the past.eports the fanatics found company will take over after topps licenses with the union expires. they've also struck exclusive agreements with the nfl, nba, and players associations. >> time for the weather. let's go to meteorologist bill karins for the forecast. bill, i know a lot you were following there. >> yeah. henri is going to be trouble. we're looking at a hurricane making landfall in new england for the first time in 30 years on sunday. today is a day of mass preparations, people bulling boats out. grocery stores in southern new england will probably be empty by the end of today as everyone begins to prepare for what we haven't had happen in the northeast for decades. we just got this in from the national hurricane center. one of the headlines, we have hurricane watches up for almost all of new england from cape cod to long island. it's still a tropical storm. it's about to take a turn toward the north. over the next 24 to 36 hours it's safely off the north carolina coastline. no

topps is staying private canceled the merger agreement with the spac deal after they lost contracts withgue baseball and the player's union to make baseball cards. that deal went back some 70 plus years and will be held by its fanatics back to you. >>> back to facebook and the ftc renewed antitrust lawsuit. does this complaint have an even better chance of sticking. welcome back good to see you. >> thank you for having me >> now they are using com score arguments. saying they control 85%. 65% of maus. >> it doesn't pass the smell test at the end of the day having the narrow market in the obvious area seeing this complaint where he went deep saying, look, you got to make arguments other than just conclusive allegations and i haven't seen anything different from what was presented before >> if you were to go to somebody on the street and say is tech talk a competitor? is twitter a competitor. >> on the front end of the video being up loaded. all of these are are competitors for time and attention given the acquisition facebook sees seeing the enormous amount of time on iphones and message

we have topps communications manager emily joining us now.n denver, going all the way to field of dreams in iowa. we lo to stop in new york city, that's where topps began 80 years ago. will: you have an 11-year-old, i have a 13-year-old, all cards are extremely popular -- pete: back in, all the way. will: i would were -- hey, what do you think about this card, dad. pete: is this a good trade, dad? will: but the pandemic really sent the card industry north. >> it really did, will. people go up into the attic, find their old shoe box of baseball cards can and we have this huge, are rekindled interest in baseball cards. you mentioned your kids, baseball cards are from everyone. you could be 7 years, 70 years old, a big leaguer, little leaguer, baseball cards are for everyone. ashley: and it's not just baseball cards. other things they can do if somebody like me count really know a lot -- doesn't really know a lot -- i know a lot about corn hole. >> we've got lots of fun game going on, our card wall which is take a card, leave a card. and, of cou

you can barely make out the topp of mount diablo because of the smoke and haze in the air.t will be another hazy afternoon but hopefully improving tomorrow. santa rosa currently 59. fairfield at 68. this time, i'm taking you to the south bay where it is gray. there is an air quality advisory today. tomorrow, the sea breeze will pick up more,. so less smoke. . the cooler air will also have temperatures come down so not as hot inland. unfortunately, we are still expecting moderate air quality over the next four days. here is the smoke forecast. the smoke is rising to the upper levels. most of the state is under the more smoke category. the sea breeze will help push the thicker smoke to the east. if you are headed up to tahoe, not great air quality today but we might see improvement tomorrow night. the highest today because of the sea breeze a little bit cooler depending where you are. in san francisco, 67. breezy at the beaches. in the north bay, santa rosa, 86. oakland, 72. 84 in san jose. antioch will be about 95 with hazy conditions. you might want to stay indoors. overnig

number one thing going forward because the coronavirus consistently over the last year has been a topp get to a better place there. the coronavirus is not going away. that to me is the thing that i would keep my eyeballs on and more than that, we know that case -- the case levels are continuing to rise. so once afghanistan goes away perhaps as an issue, coronavirus will still be there. >> that's why the fear is going up because the delta variant is all over the place. it's 99% of transmissions and cases are popping all over the place. remember when i said, harry, if you speak to the people who are afraid, most of them are vaccinated, that's the new constituency and the us and the them in this country. the vaccinated and the unvaccinated. that's who needs to speak to. have a good weekend. stay out of the storm. >> i'll stay out. you stay out of the storm and i'm keel p you up to date with e forecast. i'm an armature meteorologist. i went to weather camp back in the day. >> my job is to be the storm or be in the storm. see you. we'll be right back. some help from fidelity, and she'll fee

meanwhile, mud rick capital's sliding down after canceling its $1 billion plus spac merger deal with toppseball is ending it longtime contract with the baseball card giants. lordstown motors, though, getting recharged after shares hit their lowest point ever. lordstown plunging 9.5% yesterday after its shareholder meeting was convened for only ten minutes. the ev truck maker has tanked 73% since january 1st as the doj investing fraud claims only to originally alleged by short seller hindenburg. shares not worried today, apparently, up nearly 9.a 5% for lordstown motors. meantime, ev auto giant tesla revealing plans for its humanoid robot during its a.i. day, elon musk explaining that the tesla bot will operate using the same a.i. technology found in tesla's cars' autopilot system and a prototype is expected to be ready sometime next year. that's a human, by the way, in that costume. but that wasn't the only exciting update that tesla shared during the event. lauren simonetti joining us now with a breakdown of tesla's car chips and a.i. technology. wouldn't we all like to dance around in th

the pittsburgh pirates as 1.4 million dollars more than the previous record holder which was a 1952 toppsantle card which sell for 5.2 dollars. there are reportedly only 60 ti, 2 o 6 honus wagner cars in existence. they were all produced between 19 oh, 9 1911. and what are the odds talking about baseball on this date back in 1957 phillies legend richie ashburn fouled off a pitch that hit a fan named alice ross and a broken nose as medics attended to misrata has found off the very next pitch. >> and it hit her again. this time it broke her leg ashburn would actually go to the hospital and villa visit with ross roth, rather in the 2 struck up a friendship, though we are told the unlucky fan never sat near the field again. >> and now kron 4 sports from the 18 t fiber sports desk. >> the a's were in action again tonight out chicago. but the final score with the last thing on everyone's mind after this one go straight to the second inning. chris bassitt on the mound. he's been the aids stood all season long. and obviously to watch. right off his face. blood coming out of his face. we haven't w