to the use by some of those so called the devices to take compliance with the missions west tyson slocum of public citizens energy program and the car coach lauren fix and with the second quarter profits in for mcdonald's the toughest week takes a look at the hamburger giants major moves and lets us know what is taking the biggest bite on their profits and as promised we take a deeper dive into the july jobs report or do so with the able of this of steve malzberg all that on tap but first let's get to. the european union is effort to avoid e.u. businesses from being impacted by u.s. economic sanctions against iran as today the u.s. has asserted its plan to impose maximum pressure on iran by vigorously imposing such sanctions at midnight the bell will tall the e.u. effort known as the blocking statute is fashioned to guard against e.u. companies from u.s. sanctions and keep a lie they deal plan to limit iranian government's nuclear ambitions european businesses have been struck. did that they should not observe demands from

by some car companies to fake compliant was such a missions test to help us out now we turn to tyson slocum the director of public citizen's energy program and lauren fix the car coach and president of the north american car truck and utility vehicle of the ward you're the work thanks so much for being here guys thanks to both laurent so we've talked about these standards in the past but these defeat devices that have been being used all over the world by i don't know what is it three or four different car companies now we've got who v.w. audi who else is out there nissan well that's volkswagen groups to get our volkswagen group is is audi and volkswagen it's also porsche so under that group they were using to think devices because they over promised and under delivered their bosses essentially by us and we could make these vehicles fuel. as well as not have to carry blue which is the rio they put in the exhaust so that it actually lowers the emissions coming out the tell pipe well they couldn't do that so they cheated the system and did it and put it in a test mode whenever the vehicle idl

full life cycle analysis of these pipeline proposals and that safety is the number one priority tyson slocum director of public citizens energy program it's always so insightful thank you tyson for being here always my pleasure. and from total apia to to not tariffs could have a huge impact on the seafood sector r.t. correspondent actually banks reports. you may soon see an uptick in prices when it comes to your favorite seafood thanks to a new round of tariffs the u.s. may impose on china last month the trump administration proposed a ten percent tariff on two hundred billion dollars worth of endpoints from the asian country including dozens of varieties of fish from top to tuna the administration has proposed a new set of tear of so that could increase to twenty five percent spiking the cost of your average seafood item according to the national oceanic and atmospheric administration more than eighty percent of the seafood americans eat is imported about nine hundred million dollars and fish and seafood on the list of end imports as first caught in the u.s. mostly alaska and then sent to c

and the high end unfortunate number of spills is the director of public citizens energy program tyson slocum tyson thank you for being with us again it's always a treat to have you yet love to be here ok so first of all it's hit on this caspian deal this has been two decades in the making and as they say there is oil in them their waters and so it was a big deal what do you think it means for energy i think it's definitely going to expedite the ability for more direct foreign investment to get in there and it's going to make it easier to get that oil and natural gas out when you've got that framework for a deal you've got more certainty for those western oil companies that are invested in some of those cars and i was a bridge on field so i think it just means it's that the oil and natural gas is going to get quicker to market and i guess it all depends on how much it takes to the cost of extracting that stuff but there's lots of it so it's probably worth a while and how about this pipeline going to italy like all pipelines it seems that like most pipelines it seems to pretty be pretty contro

sector asking that very question and there are policy proposals to do just that will discuss with tyson slocum the director of public citizen's energy problem and there are new housing numbers out we'll talk with debbie boyd the c.e.o. of deal b. financial services and trigger out what she thinks about them plus are the big four accounting firms too cozy for comfort with their toilets west a former big four firm leader to worry for which c.e.o.'s draw mark joins us again and there is more merger madness out there this time in the hospital sector as more m. and a activity seems to be less for many americans particularly those with less populated rural areas of the nation lots on our plate so let's get to it with some headlines . surging second quarter profits are leading our business headlines today the latest official figures from the u.s. commerce department's bureau of economic analysis show a year over year gain of sixteen percent on after tax corporate profits the largest game in that. figures sense q one of twenty twelve the trump tax cut is an obvious and significant factor in the surge

to the use by some of those so called the devices to take compliance with emissions tests west tyson slocum of public citizens energy program and the car coach lauren fix and with the second quarter profits in for mcdonald's the toughest week takes a look at the hamburger giant's major moves and lets us know what is taking the biggest bite on their profits and as promised we take a deeper dive into the july jobs report or do so with the able exist of steve malzberg all that on tap but first let's get to the future of the european union is effort to avoid e.u. businesses from being impacted by u.s. economic sanctions against iran as today the u.s. has asserted its plan to impose maximum pressure on iran by vigorously imposing such sanctions at midnight the bell will tall the e.u. effort known as the blocking statute is fashioned to guard against e.u. companies from u.s. sanctions and keep a lie they deal plan to limit iranian government's nuclear ambitions european businesses have been strong. did that they should not observe demands from a trumpet ministration for them to curtail all commer

particularly the case in the energy area here discussed as a director of public citizen's energy program tyson slocum i said thank you for being with us again always a pleasure so then tell me if we are overstating it here but when you were here earlier and. we talked about this coal program that they were proposing and it was that they were going to mandate regardless of price they are going to mandate that you buy call a nuclear on the grid and forget about the free market forget about what's most efficient for your shareholders or your customers you're going to buy this stuff whether or not it's good for the environment or bad and now we see there's also california's talking about expanding into more of a regional grid a regional power plant basis and there's a story where you're quoted in the san francisco chronicle that raised some critics questions about sort of the influence in the weather in others in order to influence in this area that's a lot to get to grow i hope our viewers will bear with us let's take it one one at a time first what's the coal plant and where is it right now yes so secr

particularly the case in the energy area here discussed as a director of public citizen's energy program tyson slocum tyson thank you for being with us again always a pleasure so then tell me if we are overstating it here but when you were here earlier and. we talked about this call program that they were proposing and it was that they were going to mandate regardless of price they're going to mandate that you buy coal and nuclear on the grid and forget about the free market forget about what's.

president of the north american car truck a utility vehicle award your year of the war your award tyson slocum the director of public citizens energy program thanks to both of you thank you thank you. and the largest restaurant chain in the world by revenues is mcdonald's of course and the company's second quarter earnings report is out our two correspondent title suite took the time to look at it and now gives us an update on what's been going on and which mickey d's endeavors are taking the biggest bite from profits. competition in the breakfast sector along with higher priced menu options are just some of the reasons behind the drop in revenue for mcdonald's executives say some of the biggest bites coming out of their profits has to do with mcdonald's changing the structure of its business model the hamburger giant said selling company owned stores to franchisees her profits as a result their second quarter earnings fell twelve percent from a year earlier the company said it already recorded a pretax of ninety two million dollars for severance to the management they were tremaine along with