i got a chance to talk to his brother donald was a u.s. u.s. congressman and asked about his brother's reputation which is kind of like a dark lord figure. >> when he see that a decade goes with the worst economic conditions, worst educational opportunities for the kids a worse public safety,. >> were very proud of what we do. >> what you think that they would want to showcase the good of camden and the fact that they can draw big names like lady gaga and letting kravitz and dj jesse jess. >> yes, definitely agree with you. think. think about it, i'm out here and all i have is the -- and is that all you on my story. but i guess they have their reasons. so we'll just have to leave it up to our viewers to decide why. >> thanks diana. allison, when the delegates are done with a hot day in the floor they're gonna need a cold drink. you went around to try to sample some of the best that philly has to offer. >> it. >> it was a tough day at work, some of the city's finest drinking establishments have specials. so we are out to and we had the city of b

u.s. doing? domhnal: the u.s. is tipping along. the u.s. has come out of the crisis basically delivering 2%. he world market has gotten used to us. the u.s. airlines are sitting on very significant liquidity. i think the challenge in the u.s. is to keep it steady, eddie. the world with the most challenges south america, brazil in particular. argentina which was a basket case has turned the corner in the last 12 months. angie: that is a little bit challenging. domhnal: brazil is such a huge economy. there was often it being called the country of tomorrow and it always will be. it is a very cyclical market. the economy is so large. angie: let's bring it back home because when you take a look at china, this space is exciting. what are chinese airlines doing? we are hearing from air asia. they are buying. what is the strategy for airlines? domhnal: china is probably, in the next 20 years, the biggest aviation market in the world. today, it is the biggest aviation market in the world. chinese airlines are growing at a significant clip. parent company is the fourth-largest airline in china. the pro

u.s. u.s. officials speaking on a different topic. they said it is about u.s. drone strikes overseas. and beyond, they do happen, but they go to extraordinary lengths to prevent that. they see the enemy and terror groups deliberately striking. we're seeing the pictures play out in front of us. another one of these attacks happening within days of the last one, jim. they target soft targets. i want to talk to glenn, what can officials do to identify these men that are inside the restaurant right now. you have it surrounded by banglade bangladeshi security forces, what can they do to understand who they are dealing with inside that restaurant right now? >> if you don't have any communication, there is not much you can do. there are videos of them going in, or a closed circuit film, and there is not a whole lot that can happen right now in the absence of intelligence. and that races a point that i think it is important that it is a routine thing. they speak to officials and they say do we have any evidence. . the special forces. >> they will have to stop them. >> and that is the issue bec

u.s. are having their information shared with u.s. authorities. there is ahe scenes, very tight level of cooperation etween the mexican, canadian and u.s. authorities. one of the things that the u.s. is trying to do to keep people ever even reaching mexico advertising campaigns in central america, to broadcast the dangers that are in mexico, because thousands of migrants have been this trend through exico including mass kidnappings and murder. i don't have time to get it into of exams,areka couple financed by the department of homeland security but written as produced by national governments, warning serious these very dangers. >> the scale of deportations in primarily in central america, is vast and underappreciated in the u.s. something that's been going on for a very long time. since the ramp up in 1989, mexico has million more than three mostly central americans from its country. scale of derstand the mexico's buffering if you can compare the numbers of the main hree central american nationalities, the so-called orthern triangle nationalities of guatemala, el salvador and honduras. by comparing the deportations u.s. and the deportati

u.s. u.s. head of operations at walmart came out and said they feel what is good for the u.s. onomy is good for walmart. climbing out of the recession at this point, they were going to spend $250 billion more over the next 10 years on goods that were made in america. carol: that's a lot. well, walmart has happened trillion dollars in sales every year. half $1 trillion in sales every year. it felt they wanted a strong u.s. economy, they wanted job growth and job creation in the u.s. that was good for their business and is also good pr for them. they were the retailer, going back a few years come everything was "made in america ." >> that is the great irony in this. --mart has been blamed walmart was famous in the 1990's for pushing companies to lower negotiating ruthlessly over a penny. got pushed companies to overseas and move production to china to meet the demands of walmart. walmart has been blamed for sending hundreds of thousands of jobs outside the u.s. and here they are, the only retailer making a major push to try to bring made in the usa products back. carol: is it wor

u.s. air war against isis and a place where some 1,800 u.s. personnel are now based. also there, dozens of u.s. tactical nuclear weapons. and turkey has a huge army, second only to the united states among nato countries. >> jon, as i mentioned, a key and major u.s. ally, the white house clearly monitoring this closely tonight. >> reporter: absolutely. but i have to tell you, this completely caught the u.s. government by surprise. u.s. officials here did not see this coming. the president was notified immediately, and is closely monitoring this. but frankly, they're trying to figure out what's going on on the ground. >> jon, stay with us. we want to bring in martha raddatz. who has reported extensively from turkey. when you see these tweets from the state department, that underscores just how dangerous this is. >> reporter: it truly is, david. those that have been told to shelter in place, it's because of the violence that is erupting between those loyal to the government, and those trying to take it over. and as for those u.s. bases, they would likely be on lockdown, flying only essential miss

if confirmed it would be thee first evidence that zika hasa spread to mosquitoes here in the u.s. u.s. that is alarming for sure. >> um-hmm.hmm >> here we government we are gov midweek and this is where itis s starts to get interesting whether wise.wh we'll start seeing those ninesis out there. t >> lot of nines heat andeat and humidity increasing also mows mw i've just noticed in the past p week or two. t p i got like five times today. . >> probably not even outside fof very long.veryg. >> not at all. a >> right around sunset, too. t always when i notice the as thea well.. yes, mosquitoes good along witht the hot, humid, hazy weather.thr >> i don't like like theme either.ei >> the fourth part of our summem in d.c.n d.c. accu weather forecast on thisn t late wednesday night or/earlyea thursday morning it comparison to the severe weatheh we had last night which we had h mess of things along the national mall southwest d.c. d many neighborhoods across the ae area.ar luckily much quieter tonight. better for clean up today and id will be nice again tomorrow. tom 90s yes, they are making a

u.s. currency, u.s.-denominated -- you know -- u.s. dollars from u.s.-chartered institutions. my understanding is if they wanted to they could probably go to the bank of singapore and clear their dollars there into gold and wash money for other bad actors and send it to murderers in lebanon, but at least those institutions that we hold dear, that we regulate, our e talk here that taxpayers guarantees deposits them, why would we hand iran our infrastructure to clear their dollars when so many of their resources are going for ad acts? so i know we keep having this conversation of the nuclear deal is bad. many of us voted against it. others saying, oh, it's a great achievement. we want to support it. fine. there is nothing in the agreement that says, great, you now get to use the u.s. financial infrastructure to finance yourselves, move money around and actually ultimately wash money to do evil in the world. so if we're going to have this conversation, lets be intellectually honest of what the language in the legislation actually says. with that, mr. chairman -- speaker, i yield b

u.s. operations. >> the u.s. is strategic for us. we can help in the u.ss lots of trade flows between u.s. and these economies. we cannot accomplish individuals in the u.s.. mark: consumers turned cautious after the country voted to leave the european union. retail sales in the u.k. fell in july at the fastest pace in more than four years. stores expected similar decline next month. on the positive side, sales were better than expected at the biggest luxury goods maker. the wine and spirits business was up 13% in the second quarter. goodsmh's leather rose. nintendo posted us that -- bigger than expected quarterly loss. it has been helped by a stronger yen and the we you gaming console -- wii u gaming console. they had a runaway success with pokemon go, but it is wondering how much nintendo will benefit from it. mercedes-benz is challenging tesla motors with a promise to sell an electric truck in about five years. the. company says the heavy-duty truck will have 120 miles per battery charge. elon musk says this is part of a one of expansion in the master pl

u.s. unilateralism, u.s. interventionism, and u.s. support for color revolutions. but they always both suspect the united states is out to change the political system in the countries in ways that we prefer that they did not appreciate. their economies are complementary. russia is a supplier of military goods, energy and raw materials, and china as a supplier of capital, consumer goods and equipment. they have a common interest in not having central asian become a breeding ground for terrorism. so these common factors are sufficient to hold in check russia's strategic insecurities caused by the rapid rise of china operate at the very moment when russia was declining as a major power because of the disintegration of the soviet union. another factor is these common interests hold in check china's latent ambitions to consolidated position in central asia, south asia and the middle east. neither country sees its interest as served by forming a strategic alliance against the united states. the statistics speak for themselves. although the sino-russian trade has increased

u.s. embassadors and u.s. -- senior u.s. ple as well as people on the ground to be working with the government to make the changes necessary so that some modest portion of that huge wall of capital that's sitting out there in some cases, negative interest rates but is looking for a return. so agree and that's part of what the transaction advisers and all the different agencies involved from the u.s. government side are -- are about. and then i would say to bob's question, i don't think the u.s. government has a policy per say about the point that you raised, my personal opinion is that all of the development agency aside from the humanitarian function, so we ought to make progress on these extreme poverty and ftg things and at that point, let the countries do it for themselves and that's why it's drm so important and let us go out of business as we have done in dozens of countries already. >> on the question you raised about mckenzie, first mckenzie social issue is ngo, it's not directly part of mckenzie so i may not have all

u.s. this is a great market. it is the most profitable that exists it we've always said we need to increase our way in the u.s. we have done that in the last four years in some areas, like equities and research, we have seen already the progress that we have wanted to see. in some other areas, it takes longer to attract the right getnt to integrate it, to the clients to believe that the team is effective, to then work with that client and demonstrate that we can add value to them is taking off. to try are continuing and attract the right people for us, one by one, and maybe a little bit slow but it is the right way. >> what is your message to employees, the ones you got now and the ones you want to hire? my message is if you are not passionate about this business, you should not be in it. on the other hand, we live in a competitive industry, and while patient not be the a chechen point, pay -- bv a traction point, pay cannot be the reason why you do not join ubs. we need to be competitive. >> what about the people who do not understand that in all probability, they are not going to get paid this year or next year like they did last year echo -- last year? >> i do not think many people expect this year to be a bumper year. i think people understand after all of this year that performance leads to compensation and compensation is probably a topic that is over discussed. it should be something that if it is deserved, it is obtained within certain metrics. this year is going to be a tough one for everyone. francine: let's get more on banks with patrick armstrong, the chief investment officer. when you look at the banks, it seems like you talk about brexit, the big shot, it if you have an italian bank going under, how much do we know about the repercussions? about the domino effects? depend -- itill be will depend on the bank. there will be contagion. the ecb has put capitalization , this capitalization -- as a whole, europe is much better capitalized. i don't think we are in a banking crisis hit on an earnings perspective, there are a lot of headwinds facing the banks. a slowing economy, it is hard for them to build up equity prices and what we have done, we are not hitting an upside in the banks but we're selling options on european banks. francine: across the board? patrick: banks were trading at 80 p and we get paid 7% to bet the banks are going to fall further than they already have. that is a very high premium. they are already down 35%. we don't think we are in the midst of a crisis. just selling the downside. francine: the more the share -- e falls -- would that be patrick: that is not bad news. you got sugar banks picking up weaker banks -- you got stronger banks pick me up weaker banks. banks.s an abundance of there are too many banks. francine: how do you expect the italian banks to turn out? the problem is we have to see whether the eu is flexible enough to allow -- with bail ins, right? number of the bail ins in italy is not quite known. there are a number of banks who have capital issues. equity holders are hurt. you got retail investors holding back which is something the government there does not want their retail investors to feel the pain. subtle tweak to that where the first several thousand pounds are protected and then you are at risk after that. a week compromise. thisine: talk to me about brave new world we have the s&p 500 at a new high. you have a bond yields. how are we pricing these? patrick: you get equities rising in bonds rising at the same time . in 2009, such a banks ring the bell, investors salivate. when you think you got new quantitative easing, by risk. the markets may be complacent because central banks have contained a lot of the risk but their tools are getting less effective. we have recessionary risks in europe. it is hard it we have been equitiesinto some u.su.s. telecoms have note european exposure and. -- have no european exposure. putting money into companies that don't have cyclical exposure. that is quite attractive. francine: are you expecting correction? patrick: i do not know if there will be in short-term. you got election risks in america but the fed is the thing once the music stops playing, that is when you start to see corrections it that is a lot of the test corrections. that is a lot of the risk you see. -- corrections. that is a lot of the risk you see. we are going to get a very strong dollar. a very strong jobs number with wage growth. francine: patrick, thank you so much. patrick armstrong. he will stay with us. and little bit more about u.k. politics. the reason may is on the fast track to become the next uk prime minister. we will have more from brussels. this is bloomberg. ♪ get ready for the rio olympic games by switching to xfinity x1. show me gymnastics. x1 lets you search by sport, watch nbc's highlights and catch

u.s. state department because we have been hearing from the u.s. state department and telling all u.s. zens in turkey to shelter p place. stay in doors. turkish state television saying martial law has been imposed. >> thanks so much. we know u.s. bound flights traveling from istanbul, which are already in the air, will be allowed to land here in the united states. this according to the faa. as reported by reuters at this hour. in terms of the sectors that we would normally look to, already, the travel stocks were hit today because of what happened in nice, france, yesterday. >> defense stocks. people will rage against these names. i'll say this at the risk of sounding dopey, but in this swas, i don't think valuation matters. i think defense spending goes up. these guys are well run companies with a global reach. lockheed martin is my favorite in the space. own on a general die ma'amics too. >> the valuation is about comparable. you're talking about lockheed trading at 19 to 20 times forward earnings and there isn't a single soul in washington who wants to put their name on le deucing de

u.s. dollar, the u.s. dollar is in the best position because by now it is owned. jon: you are call on the u.s. you have a table rate of 116. how dependable is that in the way you anticipate? >> a little bit only. you can see here our forecast for the euro-dollar, it is 108. strongern, we see a dollar, 206. is actuallye rate driven much more by development in the u.k.. there we see fundamental justified weakness for the pound due to rebalancing. just in terms of the structural side of things, we talked about this record current account deficit in u.k., i keep hearing the word adjustment being used. adjustg will it take to to the structural reality that has existed in the u k for a long time? this can go quickly, particularly when the currency is actually overshooting, and the forecast we have at 150, 160 is definitely overshooting. the pound is giving one of the cheapest currencies of the world. this is forcing the adjustment to happen much faster than without a currency. europeanle, in countries which had to adjust without the currency, we think adjustment will start with this strong appreciati

u.s. banks? u.s. banks certainly are trading as if there is. >> well, i have two numbers on the u.s. banks. one negative and one positive. the negative number is the ten-year treasury yield at 1.36%. lower for longer rates. pressure bank earnings. we think u.s. bank estimates are at risk by 10 to 15%. that's the bad news. the good news is, u.s. banks have $400 billion of extra capital after assuming a lehman brothers financial crisis, came out from the stress test over the past couple weeks. u.s. banks are not italian banks, don't have the to raise capital and increases capital return to investors by 1/5 year afterer year. melissa, thank you for having me as a guest. i was told as a guest never come empty-handed and i brought you it gift. >> oh, good. i love gifts. >> to reflect what i feel is unique resiliency of u.s. banks. >> uh-huh. >> talking u.s. banks. >> right. >> and the movie "the x-men" has a character. the wolverine, who's indestructible, and so -- i'm not saying u.s. bank balance sheets are indestructible. but i am saying they're more resilient than they've been in decades. >> m

u.s., lets recall that the u.s. want its own legislature agreed to the exclusion. the u.s. congress directing it to and i quote, protecting the right of u.s. investors without product discrimination and ensuring all u.s. investors. this is in the senate finance committee of the tta report. thank you. [ applause ] >>> okay, well, when i call on you, please wait for the microphone to arrive so everyone can hear your question and identify yourself if you would. lets focus on questions and avoid detail commentary. i will take the moderator's prerogative and ask the first question. getting to gear's issue and realizing that the u.s. austria fta does not include an isdf provision. in a hypothetical situation where ttp was re-negotiated to remove isds, would the u.s. community support ttp in this case? >> that's phil. my guess was a real push. one of the key character is they all build on each other and served as precedents so you get a lot of push back to removing isds together. >> i think there is good reasons to have isds in ttp because i think there are times when american comp

u.s. operations. >> the u.s. is strategic for us. we are adding value in the u.k. for the u.s. de flows between the u.s. and these economies. companies and individuals in the u.s. mark: consumers turned cautious after they voted to leave the european union. the fastest and in more than four years. a gauge of the outlook showed stores expected declines next month. sales were better than expected at the role's biggest luxury goods maker. revenue in the wine and spirits business was up 13% in the second quarter. the u.s. and europe but --mpagne and shares unexpectedly rose. nintendo has posted a bigger than expected quarterly loss. the japanese electronics maker hurt by a stronger yen and a you demand for its we gaming console. nintendo has had a runaway success with pokemon go, which the company partly owns, but it is not certain how much nintendo will actually benefit from it. challenging tesla motors with an own promise to sell electric truck in about five years. the parent company says the heavy duty truck who have a range of roughly 120 miles per battery charge. elon musk incl

u.s. asy will not back out negative rates raise for a long period and that is creating a lot of flow into u.s. capitol market. tom: everyone is recalibrating. aes a low u.sre of our economic policy? mr. slok: in some sense it signals globalization and that is telling you that it is easy to buy u.s. assets and it is easy to substitute your own act out assets with what you can get in the u.s. from a policy perspective this is a huge challenge if the u.s. was an island or a closed economy, which it is to a large degree, he would not have had a low level of yields. francine: i go back to what we heard over the weekend. yield on the 10 year and 30 year u.s. treasuries going to record lows. that means we are going to get much lower economic growth worldwide. mr. slok: this is exactly the discussion. this is a reflection of low returns on capital, on monetary policy. this is a reflection on the foreign forces we talked about. would argue it is not a reflection of fundamentals in the u.s., but much more a reflection of other forces that are holding things down. foreign conditions are saying that rates should be lower. francine: the other thing james bullard told

u.s. systems. and now even air passengers arriving in mexico without any destination in the u.s. peer behind the scenes there's a very tight level of cooperation between the mexican, canadian and u.s. authorities. what are the things the u.s. is trying to do from key people from reaching mexico is conduct advertising campaigns and central america to broadcast the dangers faced in mexico because thousands of migrants have been killed in this transit through mexico including notorious cases of mass kidnappings and murder. i don't have time to get into it, but these are a couple of examples of advertisement that are financed by the department of homeland security but written as if they were produced by national governments, warning people of very serious dangers. the scale of deportations in mexico, primarily central americans is fast and underappreciated in something going on for a very long time, since the ramp up in deportations in 1989. mexico has deported more than 3 million mostly central americans from its country. you can understand the scale of mexico's buffering if you compare the numbers that dmitry central america nationalities, the so-called northern triangle nationaliti

u.s. state, we want to have the same advantages and possibilities as u.s. firms have under our european system. we have one set of rules, we have full transparency, joint database, that announces all public procurement possible contracts at all levels of the european union. so here we are seeking more level playing field. i am very aware that this is a sensitive issue in the u.s. we are ready to explore an ambitious outcome that takes the sensitivities into account. but this is a highly prioritized area from the european union side. so a substantial improvement is needed at all levels of government. the second pillar that regulatory cooperation is vital must be ambitious if ttip is to deliver growth and jobs. but also carefully implemented if we are to address public concerns. and that means we need to do three things. we need to agree on common principles for good regulatory practices on both sides. that means for instance committing to high quality impact assessments, public consultations. it means addressing technical issues like standards and conformity assessments. secondly, we must provide platform to help regulators to cooperate in the future. they would be plenty of work to make the transatlantic regulation more compatible after ttip is finished. built in agenda for a future regulatory cooperation is therefore essential. so it is its institutional fra

u.s. economy, the u.s. fundamentals are good, the consumer powering ahead and fundamentals continue to be good, labor markets are ishtening, the u.sonomy doing all the right things and brexit introduces more risk as the fed people have suggested. my sense is we will get through that ok. matt: what about the yield curve? i was looking at the cleveland fed series which is the 10 year yield minus the three-month yield, i have it up here on my terminal, you can see it on the bloomberg, 19.15 is the code, you can see we have fallen to only one percentage point difference between these. if an investor is willing to get paid the same for three months as for 10 years, that -- doesn't that say something bad about economic expectations? >> that has been the historical interpretation, you have to be careful because central banks are distorting these markets by intervening. the fed did a lot of qe over the last five years, now others are buying securities and driving yields down. i find it hard to sift through the difference between distortions version -- versus thatconomic signals markets have traditionally sent, i am not sure they are clean

u.s. military that pushed for the slowing of the drawdown of u.s. troops? seth: i think there was support from the u.se department. there was clearly support from the military. the u.s. intelligence picture was bleak on the future afghanistan -- of afghanistan if the military pulled out. factored into the u.s. leaving too quickly with two little numbers. laura: the taliban controlled as ath territory now as it did the time of 9/11. that is staggering after all of the u.s. effort. seth: the taliban does not control any serious urban terrain. no provincial capitals or any major district capitals. they do not control kabul. strategic ground they do not control. laura: what would you advise the next president to do in afghanistan? seth: many of the serious decisions will be up to the next administration. interesting news is that the u.s. will keep open 6 major bases to provide an ability to move up forces if the next administration decides to. laura: we have been talking about lessons learned. what are the lessons learned by u.s. presidents in afghanistan? seth: no foreign country, the u.s., british, or o

u.s. systems. and now even air passengers who are arriving in mexico without any other destination in the u.s. are having information shared with u.s. authorities. behind the scenes, there's a very, very tight level of cooperation between the mexican and canadian and u.s. authorities. one of the things the u.s. is trying to keep people from reaching mexico is to conduct advertising campaigns in central america to broadcast the dangers that are faced in mexico. thousands of migrants have been killed in this transit through mexico, including notorious cases of mass kidnappings and murder. i don't have time to get into it but these are a couple of examples of tids. s running in central america financed by the homeland security but written as if they were produced by national governments. warning people are these very serious dangers. the scale of deportations in mexico, primarily of central americans is vast and under appreciated in the u.s. it's also something that's been going on for a very long time since the ramp up in deportations in 1989, mexico has deported more than 3 million mostly central americans from its country. you can

u.s. the u.s. is saying they have not gotten official demand yet. it is a very tricky situation. gulen is in pennsylvania on a farm. it is a very well-guarded location. it is a big topic. melinda: antje, i mentioned the eu being over a barrel. the u.sis eager to prosecute the war against i.s., using the airbase in the report. its commanding officer is among those who have been purged. does the u.s. have interest in getting tough with turkey? antje: the problem is there are anti-american slogans in turkey being voiced. high officials of the government also said that the fact that there were leaders of the base who were involved in the coup attempt, it means the americans are behind it. i do not think thehe americans have much leverage. seda: turkey also needs nato. we should not forget that. turkey is fighting i.s. they have the kurdish rebels, or as they prefer, terrorist organization, at the same time. we have all these generals that have been arrested. turkey really needs nato as well. melinda: could that help moderate that blank check, alan? perhaps get some kind of negotiations going? alan: i guess it could. in the past, nato has not cared whether turkey was a democracy or not. nato dealt with whoever was in power. it mostly wa

u.s. military to be in a country con ducking military operations. the u.s. was not conducting u.s.itary operations in egypt, but in turkey when the government the democratically elected government is taken over by force. >> what can you tell us, christian, you have spent a lot of time in this part of the world. >> yes, and to the point of a potential coup, it is not the first time. one of the things that president erdogan did when he came into power in the early 2000s was to try to keep the military held back. and that did not sit well with them. eldogan is perceived to have mo more. erdogan has been reelected several times. and as he tries to concentrate more and more power in his hands and in the presidential office, that has become something that many people, not just in turkey and more particularly in the west and his allies have grown to sort of be very suspicious of. and you are talking about the president. this is what we saw happen in egypt. eventually the military decided they didn't want any more of this. they thought he was being too islamist. they hate the idea of calli

u.s. chamber of commerce to the environmental organizations, our nation's military to industry-specific trade groups representing commercial fishing, freight shipping and mineral extractions all support u.s. accession to the treaty. i remember the hearing in the u.s. senate foreign relations committee where we had our generals testifying before us that it's in the u.s. national security interest to be a member of the law of the sea and to ratify that treaty. in particular, our naval leaders have made it clear that united states participation in the law of the sea will help them maintain navigational rights more effectively and with less risk than the men and women that they command. i can only hope that the senate will soon ratify the law of the sea treaty which will secure u.s. interests and reaffirm the principles of freedom of operation and freedom of navigation in international waters and airspace in accordance with established principles and practices of international law. mr. president, i must note that for many of the treaties whose benefit i have just described, there is disturbing pattern to a continued obstruction in delaying their consideration. because of how many hearings are held by the senate foreign relations committee to examine

u.s. soccer, u.s. in south africa.rystal done, who finds the back of the net. they win it 1-0. and james harden has re-upped with the rockets. for years, $18 million. kellye: is that all? robert: i know, but a guy like that deserves a contract like that. kellye: absolutely. robert: i will not go in depth about free agency. kellye: so they are even. kellye: let's take a look at the fireworks forecast. josh: tonight in alexandria, and i'm sure other communities tonight as well. tonight is great, less muggy, clear, wonderful weather, hanging right around 82 degrees. into tomorrow, we are looking at another great day. the temperatures will be quite operating. the full forecast is hanging in the mid to upper 80's, 83 at 1:00, mostly sunny. the good thing is it's not as human, feeling better. monday, similar forecast. -- the good thing is it's not as humid on sunday. tuesday, the d.c. humidity will be back in the forecast and with that afternoon thunderstorms. that chances with us tuesday through saturday, but no particular

u.s. how important will he u.s. market be? it is such a small part of your business. >> the u.s. market is our dream. to expecting other chances expand into the u.s. market. betty: the u.s. market is, as -- a dream forn you 20 the market. there are quite a few established already. how do you plan on rivaling and competing with them when they times your user base? >> from the perspective of competing, we consider the kinds of messenger competition is servicet we focus on where you can enjoy music and gaming. i think we are the most advanced company in this area, so that will give us an opportunity. that was line's cofounder .nd ceo speaking with betty liu alex, what do you make of the debut? alex: i was down at the exchange today, and it was probably the floor of then the new york stock exchange for an ipo since i started this job in august. and a lot of excitement around this deal because there has not been a lot of tech deals this year, not a lot of ipo's this year, so a 27% pop on day one is a decent trade, but at the end of the day, it will be about what the company does next. after these first few

u.s. consumers to spend. a bright asia provided spot for sales revenue, 18% on year. howard schultz said china could become a bigger market than the u.s. in the long term. howardearnings call, schultz spoke about global uncertainty affecting results. he cited factors ranging from uncertainty over the u.section, u.s. race relations, as well as terrorism threats. , andad: still ahead --lusive interview with doj p/a , governorpter debate kuroda says there is no need, but what do investors think? that is knack's. ♪ breaking news, the game taking people by storm, created go.intendo, pokemon it is available for download in japan on the google place store. the share price for nintendo on the way up, 9%, and absolute roller coaster, 3.7% i should say there. i beg your pardon. the latest flash headlines, jp morgan close to settling an inquiry into hiring practices in asia. the bank may pay $200 million to on whetherstigation it hard influential chinese decision-makers to influence business. say they later widen their inquiry to other wall street entities. general motors up in new york, raising his 2016 guidance after posting record second-quarter earnings of $2.9 billion. the result was driven by record north american income and a return to profit in europe. china stable at $500 million. recor

u.s. former u.s. head of operations at walmart came out and said they feel what's good for the u.s. omy is good for walmart. we are all just sort of climbing out of the recession at this point. they were going to spend $250 billion more over the next 10 years on goods that were made in america. carol: that's a lot. about halfl-mart has a trillion dollars in sales. over 10 years, 250 billion dollars. it is a lot of money and no other company has come out and done something like this. they said the reason they were doing it is that they felt like they wanted a strong u.s. economy. they wanted job creation in the u.s. that was good for the business. it also is good pr for them. they are making a big push. retailer --were the go back how many years, everything was made in america. shannon: the great irony of all of this. walmart has been blamed for helping -- the wto, nafta and other things in china they have done. famous for really pushing companies to lower costs. pennyating over a p and that is what pushed companies to go overseas and move production to china to meet the demands of wa

u.s. stands with the turkish government. the federal aviation administration has banned all u.s. flights between the u.s. and the turkish cities of ankara and istanbul. >>> governor chris christie is turning his focus back to new jersey after he was not picked as donald trump's running mate. last night the governor agreed to ban smoking at state-owned parks and beaches, but he stopped short of signing a broader ban into law that would extend to county and local recreational sites. now it will be up to state lawmakers to decide whether to accept the governor's changes to the measure. >>> cooper university health care and cooper foundation employees brushed off their brooms this morning for a great cause. they took to the streets of the landing square neighborhood to help with a community cleanup effort. we spoke to one volunteer about why this is so important. >> it means that the kids will have a safe place to come out and play without being subject to, you know, just trash all over the place. >> in addition to cleaning up the trash, these volunteers spent some time removing graffiti. >>> now university c

u.s. sailors. shot rockets within 1,500 yards of u.s. navy ships. and increased their support for terror regimes and groups and they remain the world's largest state sponsor of terrorism. the president also stated that the u.s. sanctions regime would stay in place against iran's terror activity while it was being lifted against the nuclear activity, but instead of u.s. -- the u.s. has become iran's negotiator in chief on the world stage and rewarding companies that continue to support the iranian national guard corps in devising ways to give iran access to the u.s. financial system. one year after the president agreed to a dangerous nuclear deal, iran continues to be a major adversary. so congress needs to highlight and spotlight iran's malevolent activity. the good news is congress is doing just that, mr. speaker. i'm encouraged the house will take up three very important pieces of legislation today. it will deal with the heavy water bill. think about this. iran gets caught manufacturing heavy water and rather than calling out the iranian regime, in clear vie racial of the -- violation of the ukelar deal, what does the administration do? the administration says we are going to help iran comply with the dea

u.s. u.s. consulate and another near one of islam's holiest sites it happened at a giant mosque packed with pilgrims visiting from around the world. benjamin hall is monitoring the latest developers. >> reporter: multiple bombing attacks striking three separate areas in saudi arabia this fourth of july. security agencies have become a criminal investigation. >> the latest taking place monday evening in the city of medina. right near one of islam's holiest sites. a mosque where the prophet muhammed is buried. >> reporter: reports of a deadly explosion there quickly followed by images showing fire outside a building that overlooks the mosque is an area visited by billions on pilgrimage to nearby mecca each year. at the time the area was packed with pilgrims. there for the final days of ramadan. the muslim holy month that ends this week. news outlets initially reporting the dead there include multiple suicide bombers. as well as security forces. meanwhile saudi officials are also investigating another monday evening attack. this one involving a suicide bomber and a car bomb exploded near a shiite mosque in eastern saudi arabia. this incident did not claim any instant lives. with the bombers detonation taking place at a time when most nearby residents were at home. breaking the daily ramadan fast. both attacks come several hours after a suicide bombing near the u.s. consulate in western saudi arabia early monday. >> security personnel were suspicious about the movements of a man with the security staff took the initiative, he blew himself up with an explosive belt he was wearing. >> reporter: the attack possibly coordinated come as the extremes to view as enemies of islam. saudi arabia is also part of the coalition fighting isis. in london, benjamin hall, fox news. >>> hundreds gathered to mourn the victims of yesterday's suicide bombing in a crowded shopping area in baghdad. the death toll from that attack has now climbed to 157 making it the deadliest single attack that hit a rock's capital in a decade. bodies are still being found in the rubble. a string of smaller bombings just today in baghdad killed 16 people and wounded dozens more. the group isis has claimed responsibility for those attacks. >>> the islamic terrorists also claimed responsible before the deadly attack in bangladesh on friday. it killed two police officers and 20 hostages

u.s. ally. but tonight, it's descended into chaos. these images from inside turkey right now. gunfire in the streets of istanbul. arrests under way. and the u.s. state department is telling u.s. citizens to shelter in place. tanks seen in the streets. a military statement being read on state san francisco saying a group calling itself the turkish peace council has taken control of turkey. and the president of turkey, going on tv to signal those responsible will receive the highest penalty. but this coup continues at this hour. a dangerous and uncertain night ahead. we begin with abc's jonathan karl. >> reporter: shocking scenes tonight in istanbul. a show of force. heavily armed military units taking control of key lifelines in turkey. hands raised. civilians detained. stopped vehicles. tanks at the city's main airport, now closed to all commercial traffic. soldiers blocking istanbul's bosphorus bridge, the main artery connecting the european and asian sides of the city, now closed to traffic. and in ankara, turkey's capital, fighter jets flying low. a menacing show of force. turkish state television taken over, too. a news anchor reading a statement from a group calling its

u.s. zoned, u.s. crude and u.s. built. the jones act makes america secure. aej if a foreign flag vessel was allowed to navigate the ohio or the mississippi river. the jones act is crucial to national security and strongly supported by the department of defense, the u.s. and a halfy and the united states coast guard. the u.s. military relies on a strong commercial maritime structure. the jones act protects america's borders and prevents illegal immigration with 96,000 miles of american water born coastline, far longer than our land borders and 23,000 miles of inland commercial water ways, the requirement that american vessels and sailors operate in full in accordance with u.s. laws and with the consistent oversight of the u.s. government enhances america's homeland security. they would face the task of monitoring, regulatesing, overseeing and bringing enforce mentes against foreign crude vessels moving freely throughout america's coast and america's heartland. so these reasons, for national security and homeland security reasons, i recommend that we eliminate

u.s. military will return almost 10,000 acres of land to okinawa to japan. that's the biggest handback of land since the island verted back to japan in 1972. it is 17% of u.s. holdings on okinawa. there are 25,000 american troops there. oak in a wants complain about the u.s. u.s. intelligence and military officials warn that turkey's ost-cue purge may hurt counter-terrorism. they say it is sweeping up u.s. allies and contacts in turkey and they expect not make coordination more difficult. several thousand people have been purged from the turkish ilitary and security services. this is bloomberg. vonnie? vonnie: thanks. mark, sending it over to you in london. mark: yes, history, bonnie, made in philadelphia last night. hillary clinton becoming the first woman to be chosen by a major u.s. political party after accepting the nomination. earlier on "bloomberg surveillance," tom keene asked mark halprin how hillary carries her message forward. >> they go on a bus trip to western pennsylvania, a battleground that trump has staked claim on and says he's oing to win the state. they will settled down. my guess is clinton will be from anywhere plus seven to minus three. and that's a pretty big range and it will leave both parties feel like they can win it as we hea

u.s. you could argue that some of it is counterproductive if you are getting blowback terrorism on u.s. soil or even against u.s. .mbassies abroad we need to recalibrate and think what we are spending this on. is this really defense spending or is it an informal empire of military bases, alliances, and interventions, of which the u.s. has done more than any other country in the post-world war ii period. we have time for one more caller, and that will be valerie on the line from new jersey. we will end with you. caller: i have a quick question and a brief comment, and i'm only sorry i did not get it in for the other guest because i think he was less political, a little more neutral. given the overall vast majority of seeming ignorance to these issues, the american caller seems to be calling in with virtually no clue. tanks, aree think any of them pushing to get more of this into the public education and, like, the civic's sphere of our public education? it seems to me we do not have an informed electorate. the government and special interests can pretty much run roughshod. guest: i think that is true. people do

u.s. military worker. i believe this is the very significant agagreement. >> translator: we have clarified strict measures to combat drunk driving, and we hope t the u.s. military workers will strictly abide by them. >> there are 7,000 u.s. civilian workers at u.s. bases across japan. >>> china's booming online lending industry has put more money in the hands of average citizens. officials had hoped that would generate broad economic benefits. but itit's creating some social problele as wellll. in the second part of our series, we look at risks associated with china's growing appetite for easy money. >> reporter: china's economic growth mostly left farming villages like this one behind. but now money's flowing in. some of china's 4,000 online lendnding firms specialize in loans to farmers. lenders often contact prospective borrowers to see if they'll be able to pay the money back. >> translator: how much do you need this time? >> translator: we want to buy vinyl sheeting and equipment for greenhouses. we'll need about $7,600. >> reporter: the helpeders take pictures of the couple's land and house to assess their credit worthiness. the company decides the couple is a safe bet and offers to lend them more than $9,000. >>

u.s. u.s in the district, matt ackland, fox5 local news. m.v.p. steph curry is i apologizing tonight after a aftr recent tweet that led to massive backlash on social o media. >> remember this one prettyr thn well. last month the mother of twoo tweeted the league was aftergu her husband's golden statete warriors lost to the clevelandld cavaliers in game six of the t nba finals.nbin she said they didn't mean to m offend anyone but despite all di that of response, curry says s she has no plans to leaveo l social media any time soon. in fact, she says "i'm proudm p of my family and proud of the p people around me and that'sd met why i share our lives on social media because they makeym me happy." >> hm. [cheers and applause]ppla >> so close but so far away. is that barry gibb? barry >> was it. >> that that was barry gibb.arrg serena williams advanced toadva the final today but venous but v came up short. sho she lost six-64 kesher. zero reena women's and kerber kr will face each other. oth but the sisters play doubles.bl >> outrage in america.utrageam >> we continue to follow theinuw aftermath of two shooting thatng have set social media on fire. next we have a live panel toiveo weigh in on the hot topic andnd how social media is playing aiap role in the emotionallytion charged topic. top. there's the panel. stay with us. we'r e back after this. this. >> ♪>> >> this is fox5 local news at 5:00.5:00. >> a little more than 24 hoursos after alton sterling was shotgho and killed during a run in r i with police in louisiana,, another african-american has been fatally shot, this time t in minnesota after he and hisndh frankford were reportedlyeporte pulled over for a were reportedly if you wouldif y over for a traffic stop. t more than 100ra protestors inten the street outside the some s inminute governor's residence rn in saint paul earlier todaylay after a fatal police shooting in nearby falcon heights.n the demonstrators calling foror justice for 32-year-old fernar-r nan tow castillo after he was ar shot by police during a a traffic stop wednesday night. >> it's shocking. shockin you know, it's not something sei that occurs, you know, in thisni area often. and called the bca in here to investigate and to -- so we can learn what happened.t >> reporter:. >> castillo was in the carar with his girlfriend diamondend m reynolds and his daughter when h they pulled over.ey pled he was asked for license andensa registration and when he wentn e to grab it he informedor officers he had a firearm and a conceal and carry permit.ry pr that's when she says the officers shot her boyfriend four times and she grabbed herra phone to stream the incident.ncn people near the scene were shaken quickly. qu >> i was sitting in the car car when they got pulled over andr 30 seconds later probably lessbl than 30 seconds i heard gun heag shots.sh i heard a police officer say put your hands and then he t started shooting.ot he shot like four times at the t young man and then i heard a hea lot of yelling.of yelling. it was kind of like shaky sha yelling from the policefr officer.office >> that video streamed ontrme facebook was viewed more than 1 million times before it wase t pulled from facebook. it was later then rereleased red on the social media web site s with a graphic warning. wni meanwhile the officer involved in the shooting has now been b placed on administrativtrat leave. >>> community leaders in batony rouge are taking action inking response to the police p shooting there of the 37-year-old alton sterling. sten they have informed a group called together baton rouge, this morning they held a pressle conference demanding the justice department expand thepae scope of sterling'sg's investigation.st sterling was shot and killedig s tuesday morning after a confrontation with two officers outside a conveniencevn store.ore. cell phone footage of the shooting has caused widespread r protests.otests >> we urge the justice department to conduct todu investigation beyond justus civil rights violation.iolaon because perhaps some other somet laws, both state and local l laws, were violated and theynd t need to be investigated as well. >> right now the u.s department civil rights civ rig division is investigating thegat incident looking into whetherer the officers willfully violated sterling's civilte rights. af in the aftermath of those two shootings both involving african-american men socialn-erc media of course has been one beo fire. on our facebook page we've faceb received over 4,000oo comments from viewers posing questions qo and offering sentiments aboutsbo everything from how do we stopeo the violence to how do we talk t to our kids and why aren'thyre police told higher standardsta many weighed in on the d.c. firefighter suspended for aspeno social media post. there are also some of hughhu question the way we coverede cer the story.e tonight we bring thehe conver screen into our studio. four tui our panel includes paul wagner g who broke the story about the ae firefighter suspended, dr. jayrj sing a psychologist and guyt and lambert radio personality and news director at wpgc. i want to point this out.s o this came up today.ay w

u.s. lawmaker says he is on the u.s. terror list and a number one enemy in his native russia. let's get the latest from alexander field right outside the airport. good morning. >> reporter: hey there, good morning, pamela. from the beginning, turkish intelligence officials and u.slligence suspected isis was linked to this attack, either isis inspired it or had direct connections. now you've got a u.s. lawmaker saying akhmed schatayev, he is the one who directed his foot soldiers as you might call them, people who spent time in rock karks which -- raqqah, the three bombers had traveled from raqqah to istanbul a month ago and rented an apartment here. that's where investigators located a passport belonging to one of the bombers. it is a big break in the investigation, as officers try to learn more about who these men are, and as they continue to carry out counterterrorism operations, raids that have already resulted in the detainment of 22 people brought in for further questioning in connection with these attacks. also at that a apartment complex, they're talking to neighbors, and people who may have seen these bombers. one woman tells cnn that she smelled chemicals, even though this they were made outside of turkey. new video, the three bombers arriving at the a

. >>> the world's best invariable on the road to rio and that was the case of u.s.'s u.s. track and field. one of the favorites to win went down in a heat during the women's 800 meter. >> former cal bear olympic's hopes ended that way during the 800 meter final when she clicked legs with brenda martinez. both of them were favorites to win. you may remember the monatno finished fifth in the london games. track officials reviewed the collision and called it accidental. you just have to understand the pain they're feeling emotionally there. no penalties were issued. graceded up captures first place after no doubt years and years of training. >> initially you think she's hurt but it's just pure heartbreak. >>> let's check in with kari for that forecast. looking foggy this morning. >> foggy this morning and cooler than afternoon temperatures over the next few days. we are going to be nice and cool heading into the weekend. we'll talk more about that. look at other microclimates coming up in a few minutes. >>> trafficwise we're still talking about that crash in abo antioch and a

u.s. company earnings are derived from the uk. >> britain's biggest export is adele, i think. let's move on to the u.s. and what you see in u.s. profits. one of the prior guests in dom's piece said if profits don't start to click upward, we're going to be calm for a long time in the markets. how do you see u.s. profits. >> we're just about to hea into actually a bright spot. we've had this brexit vo of weeks ago. now, we're going to hear from these big national corporations doing business in europe and we're going to hear directly from them how this might impact their second half of 2016 and maybe even 2017 as well. and i think when all is said and think earnings are going to be down about 4%, year over year. we have some lingering impact of the st weaker oil prices, but i think the guidance for the second half of the year is going to be far more important than what companies tell us about the second half or the second quarter. remember, the second quarter is pre brexit. the second half is is post brexit. what the market wants to kn know now is what's going to happen. >> thanks very much. >>> those concerns that britain's exi

u.s. air strike in iraq targeting isis. what have you found out? >> this was an air strike near mosul which is a city in the u.s. cross hairs. isis had it for two years. the u.siraqi forces ready to take it back. there has been an air strike there. two key operatives taken out by that strike. the u.s. identifies him as a former member of al qaeda who is very involved in takeover of mosul by isis two years ago. also continuing involvement in vehicle bomb, suicide bombers and gas attacks in that part of northern iraq. the other person was an isis military commander in the mosul region. they have taken out two top military commanders for isis. right now mosul such a priority for the u.s. the easier it might be to get all of isis out of mosul, eventually. >> this comes after a wave of deadly attacks in bangladesh. ivan watson is joining us live. you've been covering the airport attack. explain the reach of isis in bangladesh. >> reporter: it's important to get this context as we try to figure out hast happening in this hostage situation. we've been reporting on dozens of so called machete murders that have been taking place over the course of the past two years.

u.s., global companies invest in the u.s. often to sell products around the world and so it should come as no surprise, u.s. subsidiaries last year produced 3% of u.s. exports and i know we'll talk more thabet positive effects that japanese companies have had but japanese based affiliates actually produce more exports in the u.s. than affiliates of any other nation. just a little bit about my company, too, and our story on foreign direct investments. zurich is one of the largest insurance companies in the world and we're proud to have been doing business in the u.s. for more than 100 years. starting on state street in downtown chicago and we're about to move in in october in our new north american headquarters in illinois, about 15 minutes from o'hare,-year all invited to the ribbon cut, please see me afterwards -- >> so that's what those f.d.i. insurance premiums buy. >> absolutely. it's a 700,000 square feet facility at a cost of over $400 million, provided more than 2,000 construction jobs, including 700 vertical construction jobs. it's a siphon the positive effects that pro-f.d.i. policies can have on a

u.s. wants to accomplish in the middle east. i have contacts in the u.s. military who have recently returned from turkey. they tell me that the u.ss upset with the erdogan government and have found them to be very uncooperative over the last year or two. so you have the u.s. government publicly stating support for erdogan but privately very concerned about his behavior. and if he pimagine that he might continue this conduct and even more significant way and be even more of a problem for the u.s. and for u.s. interests in the region. >> yeah. we are just getting word large blast heard in istanbul. jets buzzing, low flying jets buzzing over istanbul. we heard activity in ankara earlier. we are now getting word that cnn turk has been forced off the air as soldiers took over that channel. the ankara actually anchoring the broadcast taken off the air on air and the is soldiers have taken over that channel. controlling the information. youtube, twitter and facebook have been shut down. social media blocked in turkey and that is part of a crack down that you would expect from a president erdogan and his president trying to save their jo

u.s. police since the 9/11 attacks. five officers dead, six others wounded. these images are from officers paying tribute to their fallen colleagues. the u.s. president saying the u.s. law enforcement family across the country feels this corporate for more, i'm joined by douglas herbert. we don't know what the shooter 's motives are. they had access to high powered weapons and they were able to put together this deadly attack very quickly. >> there are two major issues here. the violence against police officers and guns and violence in america and the intersection of all of those. we cannot say it enough. the facts speak for themselves. americans own more guns than any other industrialized country on earth. i think yemen is number two. you have a higher per capita number of firearm killings in america than in any other industrialized nation. one gun per person in circulation in the u.s. 320 million,n is so we are talking maybe 320 million guns. the actual percentage of americans who have guns is relatively lower than it has been in the past, 32%, but still an enormous prevalence of guns. we see that they are being used. -- in thetyle weapons week after the orlando