some are still full of water, some are dry, and so toshiba has built a special robot for each one. how they move about is how they get in in the first place. translation: we needed something that could fit through an existing service hatch — that is the reason why we made small robots. this is scorpion. its mission was to hunt for fuel in unit two. now, time is of the essence for any fukushima robot. the radiation will eventually damage and disable its cameras, rendering it useless. but the entire mission can also be upset by something far more basic. this is service hatch x6 and in unit two, they were hoping to send the scorpion robot down this ramp, to film the molten fuel at the bottom, but it got caught halfway down and never made it, so they didn't get any footage or any evidence of where the fuel was. in unit three, the water's much higher. so they had to think of another way to get a robot in to film what was going on. and that's where the mini sunfish came in. well, actually, that's where the mini sunfish came in. built to fit through this is—centimetre pipe, mini sunfish i

some are still full of water, some are dried and so toshiba has built a special robot for each one.as how they move about is how they get in on the first place. translation: we need something that could fit through an existing service edge. that's the reason we made small robots. is scorpion. its mission was to hunt for fuel in unit two. now time is of the essence for any fukushima two. now time is of the essence for any fu kushima robot. two. now time is of the essence for any fukushima robot. the radiation will eventually disable its cameras, rendering it useless. but the entire mission can be upset by something far more basic. this is service hatch x6 but in unit two, we were hoping to send the scorpion robot and down the ramp to film the molten fuel but he got caught halfway down and never made it so they did not get any footage evidence of where the fuel was. in unit three, the water is much higher survey had to think of another way to get a robot into film what was going on and that is where the mini sunfish came in. that is where the mini sunfish came in. built to fit through

two can't put two days together going up how much is this toshiba thing a problem? >> it's a real problem >> caller: is it worth holding on to the stock? >> no i told other members they had to sell it they really needed toshiba win and it didn't go to them western digital, the disc drive side is really weak, i've told other people to sell it. >>> stocks doesn't always himmic reality. this session was proof on "mad money" tonight, patterns can be profitable. >>> the third quarter's in the vote and stocks came out on top. i'm counting down the top ten performers the story that's got it all, take over rumors, and a business that appeals to millions of americans seeking healthier options across the country stay with cramer want a snack? sure! alright, looks like we've got chips, popcorn, pretzels? pretzels! plain, sourdough, spicy, sesame, honey mustard, chocolate covered, peanut butter filled, this one's in german, it says, "reindfleisch?" plain. great. so what are we gonna watch? oh! show me fall tv. check out the best of the best hand-picked fall shows on xfinity x1,

toshiba snapping a four-day rise , snapping after proxy advisers said investors should reject toshibasnings at the upcoming shareholder meeting. kobe steel is reeling from the today slump, on news that more data was falsified. back to you. matt: sophie kamaruddin there with us. now let's go to spain. catalonia's president said he will seek talks over the governor of madrid for the future of his region in spain. his announcement, "rose back from an immediate declaration of independence to threaten to turn a constitutional crisis into an economic one. go -- an economic one." >> [speaking foreign language] translator: there is call for dialogue. europe is afraid of the outcome if there is not dialogue. those calls should be heated -- will be heated. let's cross over to barcelona, where maria through deyo has the latest. -- isdrid going to accept madrid going to accept the capital's offer? reporter: absolutely not. madrid is not going to negotiate anything. that is a message from central government as soon as yesterday night. there is nothing to negotiate if they think this can get an agre

some are still full of water, some are dry, and so toshiba has built a special robot for each one.as how they move about is how they ge in in the first place. translation: we need something that could fit through an existing service hatch. that's the reason we made small robots. this is scorpion. its mission was to hunt for fuel in unit two. now time is of the essence for any fukushima robot. the radiation will eventually damage and disable its cameras, rendering it useless. but the entire mission can also be upset by something far more basic. this is service hatch x6 but in unit two, we were hoping to send the scorpion robot down this ramp to film the molten fuel at the bottom but it got caught halfway down and never made it so they did not get any footage evidence of where the fuel was. in unit three, the water is much higher so they had to think of another way to get a robot in to film what was going on and that is where the mini sunfish came in. built to fit through this 15—centimetre pipe, mini sunfish is a tiny underwater robot with five propellers, two cameras and four human

it's notjust nissan, there's been issues with toshiba and others.a shift in people's attitudes towards the made injapan in people's attitudes towards the made in japan label? i've spoken to a number of observers who have watched corporate japan the decades. it's hard to figure out why is it that we are seeing this consistent big names injapan coming out with accounting scandals like we seen at toshiba. kobe steel saying it's faked data about its steel products. all of these companies used to be pa rt all of these companies used to be part of the glorified made injapan brand. analysts are saying part of the problem is the japanese economy started to falter after the 80s. as a result a lot of these iconic companies had to figure things out again. they had to start from scratch and played the competitive game, especially from the massive rival next door in china, with a lot of chinese companies coming in and taking business away from japan, that has put pressure onjapanese companies to perhaps cut corners, and try and become more efficient by not payin

here's an update from toshiba.ba sees 100 and ¥7 billion, a net loss -- ¥110 billion, a net loss. they can result in negative equity of the unit sales. japan, we have some comments or abe. manus: a few more comments from abe. he will implement promises from the campaign. putting more money into education in terms of driving form within the economy, he sees confirming that close cooperation with trump on north korea will allow them to move from the pacifist constitution. they have chosen the man they want to charge. david? >> good morning, guys. i'll get to japan in a bit. a bit overextended. the 14 days at 88. it's at the most overbought territory going back to the start of an economics. thatabout 28% of stocks are part of the nikkei are actually overbought. we're at 60% before. when the nikkei over reform, that's when dollar-yen changed. 15thikkei is up for a straight day matching a record run in 1988. across the region, it's about japan right now. enough to lift the overall benchmark. we not getting help it comes

toshiba before that. olympus.been so many of these through.t come i was asking whether they are drawing some of these companies out and taking them to whatever happened anyway. okay. that's what we have at the moment. hong kong shanghai, markets, they have just opened. julius, what's happening? hang sengshanghai and the index opened fairly flat. but have a look at south korea. that is what you want to be watching. up by 1.8%, thanks to the surge that we have seen in samsung trading volumes of samsung also rising quite strongly today. remember, this is the first time that south korean stocks have had a chance to react to what global equity markets in six sessions. south korea coming back online the first time since the 29th of september. malaysia looking a little bit first half hour of trade, as is singapore's market. but elsewhere, you're seeing pretty good turnaround. we've had that commentary from bank of japan governor kuroda today. the nikkei up around a third of 1%. the yen has been holding with a 112.e of mo

the toshiba i think we should do that doesn't fit and that brings us to the many problems we face. so i think first in eastern germany you have to do i think the severity and radicality of the experience of a people i've experienced or feared unemployment. if you fancy a look that's also a feeling of disadvantage. because living conditions in east and west are not equal and i don't say this is a reproach it's really a sober reality but there's more to it it's also a problem everywhere in germany and in europe. if the vibe from the election of right wing populist six press is a fear of change fears of being alienated from one's homeland at home i think in the face of dramatic changes we call globalization open borders of refugee immigration thinking. many things that unsettle anger and outrage people and lead them to articulate these fears and that brings them to the right wing extremists the right wing populist. basically refugee policy and dissatisfaction with the refugee policy has made a fifty strong let me ask about the other party's responsibility again it has long been forese

toshiba is still battling the fallout of its accounting scandal. imf has two concerns about the current situation, china and america. despite growth, there are problems. indeed, there are problems. on the surface, the we have a great outlook. this is from the imf world outlook. this is from the imf world outlook that puts out twice a year. 0n the service, great. regway 6% growth this year. up from last year. but behind that slight rise are some worrying factors, particularly for asian economy. —— 3.6% growth. india got a fall of half a percent less than they predicted a few months ago. they are saying that india is suffering from the effects of the monetisation of the currency exchange the issues that it saw there. the issues of the stealth tax as well that was introduced injuly. —— sales tax. but the outlook for india is still looking pretty robust. china, however, robust growth on the service, a 6.8%. —— surface. they are warning about this expansion in credit, and send the authorities are really go to have to have a handle on it. the us, though,

each of the reactors suffer different damage, some are still full of water, some are dry, and so toshiba built a special robot for each one. as important as how they move about is how they get in in the first place. translation: we need something that could fit through an existing service hatch, that is the reason why we made small robots. this is scorpions, its mission was to hunt for fuel in this is scorpions, its mission was to hunt forfuel in unit this is scorpions, its mission was to hunt for fuel in unit two. this is scorpions, its mission was to hunt forfuel in unit two. now, time is of the essence for any fukushima robot. time is of the essence for any fu kushima robot. the time is of the essence for any fukushima robot. the radiation will eventually damage and disable its cameras, rendering it useless. but the entire mission can also be upset by something far more basic. this is service hatch ex six and in unit two, they were hoping to send the scorpion robot down this ramp, to fill the molten fuel at the bottom but it got caught halfway down and never made it so they didn't get

toshiba want to sell it the big capital. i'm sure western digital will continue to try to block the deal there's a lot of talk of price weakness of late in both businesses maybe there's a lot of flash coming online in 2018. i've only seen weakness on the-drive side but that alone could be a killer. given there's so much hot money in the stock we left for trade for experts.com club members, too much money has been made and no one ever got hurt taking a profit that's a continual theme for me. now i've been saying the latters become the key to this mark, talk about this with squawk on the street if jp morgan can breakthrough $100 we got some leadership that can go through another level it's likely the stock will get there on any positive commentary by ceo jaime diamond be ware jp morgan trades at 14 times earnings i think it's too cheap given the fact it's consistent recovery mode i think that quarterback the ceo has brought back a lot of stock, it's cheap we also hear from dominos. there's a lot of stock controversy around dom

well the ailing japanese electronics micah toshiba is expecting to post a net loss of nearly one billion dollars this business year of the calculating taxes related to the sale of its lucrative chip making business the struggling conglomerate is about to sell that units to a consortium led by a private equity firm bain capital for eighteen billion dollars that's a shiba has to pay the related taxes this year but most likely won't get the money until next year the japanese antitrust authorities still needs to approve the deal which could take months to she needs the cash urgently to cover billions in losses in european stock markets can look forward to a busy week from earnings reports to the next european central bank meeting and much much more than your corporate gives us an outlook from the frankfurt stock exchange three topics everybody here on the trading floor is mostly focusing on the one hand the catalonia crisis you can really feel that investors here do have some fears that the situation could and into not peaceful situation that's why they are not really doing big investment at

some are still full of water, some are dry, and so toshiba has built a special robot for each one.e made small robots. this is scorpion. its mission was to hunt for fuel in unit two. now, time is of the essence for any fukushima robot. the radiation will eventually damage and disable its cameras, rendering it useless. but the entire mission can also be upset by something far more basic. this is service hatch x6 and in unit two, they were hoping to send the scorpion robot down this ramp, to film the molten fuel at the bottom but it got caught halfway down and never made it, so they didn't get any footage or any evidence of where the fuel was. in unit three, the water's much higher. so they had to think of another way to get a robot in to film what was going on. and that's where the mini sunfish came in. well, actually, that's where the mini sunfish came in. built to fit through this 15 centimetre pipe, mini sunfish is a tiny underwater robot with five propellers, two cameras, and four human operators. 300km away fu kushima in toshiba's yokohama r&d centre, i came face—to—face with t

seven percent next year and one japanese company that's struggling already is electronics make a toshiba the company is expecting to post a net loss of nearly one billion dollars this business year after calculating taxes related to the sale of its lucrative chip making business the struggling conglomerate is about to sell the unit to a consortium led by private equity firm bain capital for eighteen billion dollars to shiva has to pay the related to taxes this year but most likely won't get the money until next year the japanese antitrust authorities still needs to approved. the deal which could take months to sheeba needs the cash urgently to cover billions in losses. now than here in europe investors are busy looking to britain and to the united states daniel cope our correspondent on the front foot stock exchange can tell us why danielle now i understand that in a speech today in london boris johnson the british foreign minister has called on the e.u. to show quote more creativity in the brics it negotiation is anyone listening to that frankly speaking monica not really because what i

specifications the company's it mission follows similar scandals by big japanese brand names including toshiba which have reported inflated profits abbay is also expected to face a strong challenge from the newly formed party of hope founded by tokyo governor. she's not running for parliament but is leading the campaign to draw voters away from the ruling party which has been plagued by domestic scandals. let's put an end to politics dominated by opting. out although the party of hope is seen as the biggest challenger to the ruling party an early election could work against it and in our base favor with. one coup week i was running for tokyo governor i had great expectations and voted for her but now i don't feel the same when it comes to who to vote for i might still want to vote for kerry kate but i like a safe option too i'm still struggling to decide. the upcoming elections also take place just as the country faces an escalating security threat from north korea the ruling party in the hope party both to seek to revise japan's pacifist constitution to allow the country's military to take a

over the years, we have seen a blown off smelly problems, accounting scandals at olympus and toshiba,duct nowty problems with takata, onota falsifying data material used to reinforce buildings against earthquakes, and now kobe steel. this latest one of fax lanes, trains, and heavy on the minds sayonsumers you can either there is an endemic problem with lots of these issues, or you could say at least they are coming to the surface now and maybe we are on the right path with better quality control. kobe, how can they deal with this crisis? todayst of all, a report says they are looking to selloff its real estate business, and possibly other moves. one problem for kobe steel is the industry has seen consolidation and mergers which put pressure on kobe steel to huge rivals, so it branched out into other businesses, which might have seemed like a good idea the time were notify, but they able to focus on quality control and oversight because they were spread so thin. to see as selloff of assets to deal with liabilities and help it sharpen its focus on its core business. rishaad: thank you.

not just from kobe steel but the ramifications is, now that toshiba, that is it going to be another toshibaour clients of kobe steel. but notei is down 0.1% significant when you saw the 10 year high yesterday. there has not been much movement with the japanese yen. elsewhere, things getting close up 6%.ustralia's market it has been a good read on consumer confidence. we see investors hunting a yield .n terms of the 2022 bond sales selling record of -- $3.5 billion australian. it is still looking attractive to foreign buyers. in the commodities space we see gold still holding at a two-week high with the catalonia tensions , gold at 1290. what we have been watching, hitting the 10 year high, off a little bit, but the strongest levels we have seen since july 2007. this is as we continue to see support for japanese export companies and the tech players as well. looking at the victims today, down.px is some cell companies and big material companies down 0.9%. japanwas japanese data, and machine orders, rising 3.4%. it was above estimates. kobe steel story not going away, likely to have impact on

toshiba, itn with has been a lot busier than i thought it was going to be.made you think it was not going to be as busy? looking at a year weather was so much uncertainty, especially with taxes. if you do not know what the corporate tax rate is then it is very hard to do deals, and yet people are still doing deals. it does not really matter how it ends up, because if the rate is it is just the uncertainty when figuring out the galatians. the other surprising thing is that the market is so -- when figuring out valuations. the other surprising thing is that the market is so high right now i did not think the eeo'-- think that ceo's would be so compelled to do deals right now. you do have some that fell flat on the market. saying should i do this, i do not know the market reaction? the fact it has been busier is surprising to me. alex: we will possibly see sprint and t-mobile this year. it is a deal which has been speculated over four years. it looks like the companies would do it a few years ago, but they backed off when regulators told them, sort of behind th

keep an eye on toshiba.hey are recommending voting against the annual earnings, citing the governance, but it looks like they will win that, regardless that is a look at what we are watching today. " bloomberg technology," next. ♪ this is "bloomberg technology." i am emily chang. on thursday.report the companies are expected in court on november 1. also reporting thursday, amazon, looking for a new city to build its new headquarters. rbcing us is an analyst at capital. what are the numbers you are watching? whether the quarter can sustain topline growth. that is the most important number. on the cost side are acquisition costs three and they are now spending $5 billion a quarter with partners like google and acquisition costs. they are now spending $5 million a quarter with partners like google. acceleratings been , so the question is can the company manage those traffic acquisition costs? those of the numbers to watch. emily: can they? we have done surveys, and we see growing at increasing adoption of googl

consortium line toshiba late last week, it is down more than 80%.ve not seen a lot of m&a activity. of the reason why this is a $300 million deal and is somewhat newsworthy. twoer and the year before, dan or years, and we are now back down to earth again over what we had seen in the devious years. a lot of consolidation has already been done and there is not much to do. >> thank you so much. coming up, who will president leave the fed? we assess the candidates. this is bloomberg. ♪ so new touch screens... and biometrics. in 574 branches. all done by... yesterday. ♪ ♪ banks aren't just undergoing a face lift. they're undergoing a transformation. a data fueled, security driven shift in applications and customer experience. which is why comcast business delivers consistent network performance and speed across all your locations. hello, mr. deets. every branch running like headquarters. that's how you outmaneuver. whentertaining us,es getting us back on track,hing? every branch running like headquarters. and finding us dates. phones really have changed.

the levels it below of toshiba, which is dealing with a corporate scandal of its own.national australia bank says the impact of its over break ath -- delegation spirit the regulators the cost andg donate $20 million to a consumer protection fund. the bank admitted breaching regulations on the bank bill swap rate 10 times between 2011 and -- 2010 and 2011. betty: investors and analysts are looking in resilience in revenue after share buybacks in capital. cost energy should reach the banks size goal. live coverageyou of hsbc's results announcement, plus market reaction and analysis at and i -- midday hong in london.5:00 a.m. up next, president trump going after hillary clinton and the democrats on twitter. yes, it was a fire again this weekend. this is ahead of potential charges over alleged russian involvement in the u.s. elections. the latest on the drama in d.c., what is at stake straight ahead. this is bloomberg. ♪ who knew that phones would start doing everything? entertaining us, getting us back on track, and finding us dates. phones really have changed. so why has

shares of apple fractionally higher >>> toshiba is projecting a net loss of $1 billion due to the taxese sale of the memory chip. it doesn't include expected gains from the $17 billion sale as it's yet to be approved by regulators it's down a percent in japanese trade today. united airlines is reportedly in talks with jpmorgajpmorgan wall street journal notes analysts say the move could impact the bank's revenue. they have been issuing united credit cards for some 30 years now. >>> now to news out of the media and entertainment industry another major name in hollywood is being accused of sexual harassment 38 women have detailed alleged problems with writer and director james torbac. he denies the allegations. he drikted "the pickup artist" and mike tyson documentary he received an oscar nomination for writing "mugsy." >>> former u.s. presidents were calling for unity and donations at a massive hurricane benefit conference they made an appearance at the deep from the heart conference in texas over the weekend. barack obama, george w. bush, bill clinton, george h.w. bush and jimmy carter

group of hedge funds reportedly collecthe rights to $2.2 billion guaranteed by in southuse toshiba carolinafficial, john flannery is the board at general electric. that is three months earlier than expected. had proceeded smoothly. billionaire chairman and brad jacob looking to spend 8 billion dollars in professional acquisitions. that's after the third biggest public traded logistic company pushed nearly $15 billion in revenue last year. the stock is up more than 300% than 500% over five year period. it is said that large trading companies could be potential targets. that is your business flash update. julia: we have some breaking news here. headlines on equifax. i want to bring those to you. equifax reporting size of the security firm they brought in to have a look at the assessment what happened with these breaches has concluded. potentially impacted u.s. numbers have increased 2.5 million that's in addition to 143 u.s. consumerrers we were talking here. there's no evidence that the databases within equifax. about canadian consumers. number. massive julia: an additional 2.5 million invol

. ♪ emily: toshiba has signed an agreement to sell its flash. the price tag -- $18 billion.e consortium, apple and dell. now to my conversation with ellen pao. after she lost her historic gender discrimination case, she became interim ceo of reddit where she made controversial moves to crack down on hate. eight months in, she was forced to resign. i asked her what happened. ellen: a lot of change had to happen. yishan came in a couple of years before i did and tried to transform the company. it was a small startup with mostly white men, started by two white men. the culture was very strong of exclusion. yishan brought in different people. all the women kept getting pushed out. i ended up joining and in 2013 and worked with yishan to make change together. this is a group that did not want mobile. very conservative, very locked into the product as it was. we were trying to bring it into reach more people, have more conversations. i think the change was really hard on the community. it was hard on the employees. it took a lot of effort to get to where we got at the end of that.

. >>> toshiba is considering various measures if it can't sell its memory chip share by march. it's up 0.3% in japanese trade this morning. >>> brexit taking center stage once again tensions rising overseas as the countdown to the end of the year summit begins. the final discussions on that. let's talk to peter spiegel, news editor of "the financial times. great to see you as always >> good morning. good to be here. >> i will start away from brexit for once and touch on asia president xi being labeled as china's most powerful leader since mao. i wonder whether we should apply a similar label with japan and shinzo abe's victory over the weekend. how powerful is he now in japan? >> was a bit of a surprise when the elections were called, we expected them to lose a few seats. then we saw his rival in tokyo, koike, sort of form her own party and win over some opposition we thought he was in real trouble which from an economic point of view rattled the markets. we have seen abenomics in play for several years. we weren't sure if that would continue clearly now with his man dade, with

i don't see them changing and i don't have any confusion about them not getting toshiba you're not creating another player in the sector so you've still got tightness in demand. i think it still works and it's very cheap it's about $11 a share next year, so i still think it goes -- maybe next year is the peak i'm not going to be there a year and a half, but i'm there now. >> constellation brands has been a home run they beat again, raised guidance, stock is up 4%. >> double-digit earnings stock 23 times earnings so it's pretty fully priced but you're getting growth at 10%. it's a company you probably want to own for a while. >> the ceo is on tonight with cramer on "mad money." >>> we have a news alert on denone and cam newton. >> i do. basically the danon, the parent company of the yogurt and other products company has dropped cam newton after what they perceive as a sexist response to a reporter basically here's the back story. carolina panthers quarterback cam newton came under fire yesterday for comments that he made in response to a reporter from the "charlotte observer" who asked him a

specifications the company's it mission follows similar scandals by big japanese brand names including toshiba which have reported inflated profits abbay is also expected to face a strong challenge from the newly formed party of hope founded by tokyo governor. she's not running for parliament but is leading the campaign to draw voters away from the ruling party which has been plagued by domestic scandals. let's put an end to politics dominated by opting. out although the party of hope is seen as the biggest challenger to the ruling party an early election could work against it and in our base favor. if. one can wreak a was running for tokyo governor i had great expectations and voted for her but now i don't feel the same when it comes to who to vote for i might still want to vote for kerry kate but looks like a safe option to you i'm still struggling to decide. the upcoming elections also take place just as the country faces an escalating security threat from north korea the ruling party in the hope party both to seek to revise japan's pacifist constitution to allow the country's military to t

more stock while we were on air during a break look, this is trading down because of issues with toshibaine, bottom line i think it the attractive stock. >> and i'll keep it simple apple. you mentioned it earlier, that they said demand is off the chart. there is a battleground about what demand actually is, rumors that maybe the production is lower on iphone x and an he will says it's great. if that is the case, this stock is going higher.pple say it's great if that is the case, this stock is going higher. good news, it goes up. negative news is having less and less of an effect and releasing the stock to go higher >> trb >> yeah, invidia, so this week their head of ai applied ai did a podcast episode 13 of voices of ai. want to recommend everyone take 40 minutes and listen to that. i think it's a very good roadmap for the way our world will transform over the next year or two. invidia wrote the cuda software which is effectively the operating system globally. i think it's important aspect of the story and people should understand how it works. >> mr. wonderful, a final trade for me >> a

specifications the company is that mission follows similar scandals by big japanese brand names including toshiba which have reported inflated profits abbay is also expected to face a strong challenge from the newly formed party of hope founded by tokyo governor. she's not running for parliament but is leading the campaign to draw voters away from the ruling party which has been plagued by domestic scandals. let's put an end to politics dominated by upping your vote although the party of hope is seen as the biggest challenger to the ruling party an early election could work against it and in our base favor. if. one can wreak a was running for tokyo governor i had great expectations and voted for her but now i don't feel the same when it comes to who to vote for i might still want to vote for kerry kerry but our being acts like a safe option to you i'm still struggling to decide. the upcoming elections also take place just as the country faces an escalating security threat from north korea the ruling party in the hope party both to seek to revise japan's pacifist constitution to allow the country'

toshiba, up by about 1%.e national importer for its intent put off to sell estate. those are some of the biggest movers right now in terms of japan, which is our biggest stock market that is open on this week. betty: china is closed for the golden week holidays. let's take a look at how it stands. the offshore yen is down by 1.2%, hovering at a six point marks here. we have been seeing dollar strength for the past several days. trackingeakness is other currencies. we are seeing this give and take here. not too much of a change right now. we will take a look at this change of the course of the past two months. .his is just the offshore china markets are closed for the next five or six days. betty: a good, long holiday. the u.s. auto market expanded in september for the first time this year. automakers had their best month 2005. gm and toyota leading the way. we got this bump up from the storm, the hurricanes in texas. how long will that last? >> the analysts we spoke to said probably a couple more months of bo

that's because of taxes related to the sale of its memory chip unit toshiba's forecast doesn't includes from the $17 billion sale as it has yet to be approved by regulators united airlines is in talks with jp morgan to try to renegotiate the terms of their co-branded card partnership the "wall street journal" reports that analysts say that move could impact the bank's revenue. jp morgan has been issuing united credit cards for 30 years. >> i think i have one of those jeez what are they going to do? >> i don't know. >> my one pass miles that are now really not good for anything >> anyway, andrew ross sorkin is in saudi arabia. he sat down exclusively with the ceo of oil giant saudi aramco. >> there's been lots of speculation about whether you'll list in new york or london or whether there's better investors in new york but more regulations or whether london -- how do you just think about it? what's the framework with which you're thinking about this process? >> there is a lot of speculation, you are absolutely right. you only see yesterday and today only a small piece of saudi aramco sa

. >>> toshiba is considering various measures if it can't complete the $18 billion sale o its memoryhip unit by march. the sale needs to close by then or toshiba would report a loss for the second straight year. >>> steve wozniak spoke out about the apple x. >> iphone x is the first iphone i did not upgrade to my wife did, so i'll be close enough to see it i am worried about what it provides me. i'm happy with my iphone 8 which is the same as the iphone 7, which is the same as the iphone 6. >> the first iphone x shipments are expected to total 20 million units. half of what apple initially planned. >> i don't know what to think of that stock has been weak any way. you would think the woz, if the woz is -- people are using that as, oh, my god, woz is not upgrading. he would know. he said there has been no upgrade since the 6. >> all the same he said. >> i have the 6, i want the 10 >> you're due for an upgrade >> i have an 8 maybe i don't know >> did you just get it >> got it in the last two months two, three months. >> could be. that's the problem, you don't even know. you can't tell

talk about this new platform that toshiba is moving toward. this new global architecture.? kevin: if you listen, the company -- if you listen to the company, it is extremely important. they call it a revolution. what it basically does is save costs. it is really a vehicle to create better cars. say.is what they always another really big part of this is that it saves cost on parts. it reduces the number of parts, makes those parts usable across different vehicles and different vehicle categories. tian j is more than architecture for the vehicle. it's also a way of making the vehicle. factories will have more flexibility to move between models as demand changes. you could extensively create a sedan on one line and if you find that you need to be making more, you can easily switch. it, through flexibility and the speed is extremely important. the toyota famously got into this. they were creating specific parts and specific architectures for almost every new vehicle because engineers wanted something new every time. this is a revolution in simplifying the designs of the cars i

>> we have been seeing accounting scandals going back to oakland this and toshiba and others, and thishad industrial standard problems, like certification and doing inspections. we are trying to figure out, is this bad news that standards are falling across the board? dois this something more to with better quality oversight -- that her job of finding problems once they come up, maybe do to digitalization or data? we are still trying to get a sense of that. it is strange japan inc., which has edited from abenomics and has cash on its books, might be suffering these quality control problems. it tells you japan has been under pressure for some time from asian rivals to stay competitive. that is what we are seeing here. yvonne: china and south korea moving up the chain. brian, thank you. coming up next, on a roll. we will look at the latest result from casino operators in macau. this is bloomberg. ♪ ♪ 8:30 in singapore. some dark clouds looming on the opening of trading there. the markets want us to go to madison, wisconsin. john taylor is speaking this moment. betty: normally, we might n