and unilever's ceo tells bloomberg best central-bank stimulus is limiting economic growth.othe reality is is it is giving us the growth that we expected, and the reason is that there is too much towards the top of the market and not towards what some people call the real economy. ♪ anna: a very warm welcome to countdown everybody. i am anna edwards. manus: i am manus cranny. you had in the headline. over they in the u.s. past five days up by 50%. in europe, up 19%. a wonderful story on the bloomberg. it is called misery, not talking about me. [laughter] misery loves a companion. have a look at this. it really does tell i suppose a phenomenal story about asset class correlation. let's have a look at the full screen, dollar for us. oil a big culprit. gold down 22 out of 24 of the developed markets. they are indeed done, in terms of the equity market. there is the risk radar in terms of our perspective this morning. anna: msci emerging markets down 3%, misery loves company. nowhere to hide. but how you like. manus: i love that. anna: are things turning around? do things look d

the unilever ceo will weigh in ♪ .ark: live from london, i am mark barton counting you down to the european close. 14 minutes to go. from world headquarters in new york, i am vonnie quinn. unilever chief executive central policy has been to skewed toward iving pop -- the market. in an interview with francine lacqua, he gave his views on intervention since the 2000 and eight financial crisis. paul: i think the interventions we have seen at the end of the increased -- the debt has increased and has given us limited economic growth. someone argue it is a further disaster, we might have been in a worse position. the reality is is not giving us the growth we expected. the reason for that is the system is too much toward the capital market. >> how do you fix that? paul: if you take the u.s. for example, many companies prefer to do this share buybacks and really have significantly reduced investments and their own companies. that goes at the expense of longer-term growth so you have to move the system in the right direction o

unilever is in talks to buy the green company for more than $1 billion. honest products include organic diapers, baby formula and household cleaners. the honest company was hit with multiple lawsuits claiming they had chemicals that they but alba denies those report. unilever that owns axe body sprays and others. >>> supporters want the fda the power to keep toxic ingredients out of make-up and shampoos and be able to recall a product when it turns out to be unsafe. one of the product is the wynn hair products. all of her air after using the shampoo three times. she is missing a quarter of her red curly hair. >> i wouldn't think a shampoo could do this especially that one is reported to be extra gentle. >> daniel: after the new report, the companies will have to prove their products are safe before putting them on the market. the company said the companies will be required to report ingredients -- incidents like hair loss to the fda. wynn insists their products are safe, but more than 20,000 filed. >>> doctors at a lab in philadelphia are testing a zika v

shares of unilever dropped slightly. honest company is privately held. >>> general electric said its nearly $2 billion deal with a uk-based energy company has been approved. the conglomerate will provide equipment for construction of a nuclear power plant. ge's shares fell to $29.68. >>> 21st century fox will sue netflix, alleging the video streaming company knowingly recruited and hired two of its executives while bound to an employment contract with fox. shares of 21st century up a little bit. netflix shares up by 2%. >>> our market monitor likes stocks that are dominant in their sectors and will do well his first time on the program. he's jimmy li, managing partner at the wealth consulting group, welcome, good to have you with us. what makes an all weather stock in your view? >> we're talking about companies that dominate their space. they create a moat. in an economy that's weakening, they can still maintain a dominant position and do well. i think that's important, as we enter the later stages of the business cycle,

unilever reportedly in talks to buy the honest company. street journal" saying the proposed company, jessica alba's business for $1 million. >>> hinckley point is the uk's first nuclear power plant in decades, this obviously getting a lot of attention in the british press. >>> to our top trenldsing story. for the first time in twitter history, nfl fans could livestream the football game. it with us between the jets and the bills worldwide. some viewers did complain about buffering and a delay while others seemed to enjoy the experience. deangelo williams took five seconds watching to know that this is the wave of the future and that all nfl games will be here soon. this is a dale it struck in april. fascinating for the industry. it's going to be interesting to see how much it takes off. >> it's gong be interesting if we get numbers on how many people actually did it, how they streamed it. there were some complaints about buffering. it's clearly a new experience. yahoo! tried it. we'll see if it picks up any traction. >>> a petition to get

wurnl reports unilever talks to >>> air paings bags deploy and it seems like there is a recall in every car. we found recalls hit an all time high in 2015 automakers recalled nearly 50 million vehicles. in 2013 manufacturers recalled 22 million vehicles in just over the airbag defect. spokes man says automakers are being extra cautious. >>> people are walking away from crashes that would have killed them years ago. >>> there have been a lot of issues. >>> i haven't gotten i wouldn't be surprised. in washington fox 25 news >> anchor: right now a woman walking her dog attacked and who ever did this is still out there. now at 5:00 a man and woman are going to prison for a disturbing >> anchor: the two people convicted in the snapchat rape case have been convicted. >>> fox 25 is live outside the supreme court in salem where we did hear apologies today but not from the defendant. >> reporter: the judge sentenced prison. both sat with no expression. following the sentencing, the father had little to say. minutes earlier the judge sentenced his 21 year old son. >>> i believe a state prison sen

unilever has expressed interest in purchasing the company cofounded by jessica alba.re still in an early stage. your bloomberg business flash. >> after years of questioning president obama's citizenship, donald trump this morning said the president was born in the united states, but not before taking another shot at his opponent, hillary clinton. mr. trump: hillary clinton and her campaign of two thousand eight started the birther controversy. i finished it. you know what i mean. borndent barack obama was in the united states. joe: so, can the republican nominee put this behind him before the election? what a claim by trump. is there any grounding to it or any truth? >> there is no truth. there never has been. there is no legitimacy to the claim that obama was not born in the united states. form11, he put out a long birth certificate under pressure by donald trump that proved he was born in hawaii. joe: what about the claim that this originated in the clinton camp? there is some truth that with hillaryine clinton were putting forth a theory. but by that logic, you cou

and unilever's ceo tells bloomberg best central-bank stimulus is limiting economic growth.eality is is it is giving us the growth that we

executives, including unilever's ceo, are dismissing warnings from the u.k. companies will suffer. company representatives say talented mobile and banks on the continent will step in to pick up the business. global news 24 hours a day powered by 2600 journalists and analysts in more than 120 countries. this is bloomberg. francine: thank you so much. my next has cofounded a 6 financialund ftse 100 services committee which describes itself as the uk's number one investment supermarket. in the city of bristol he has created hundreds of jobs and is a passionate supporter of britain leaving the european union. welcome. thank you so much for being here. how did it pan out? you wanted brexit, but you were surprised when it happened. >> like most people going to bed closed, youe polls thought it was going to be a remains out. and wake up the following morning and it is a brexit vote. surprise that it happened. francine: are you suppressive what happened next? markets have recovered. the politicians that really campaign for brexit are not in charge. there was no plan

ever is considering company, thet household product company cofounded by actress jessica alba -- unileveridering joining honest company. the pilots union of lufthansa , andalks over pay, pension benefits have failed. lufthansa on watch for a possible credit downgrade. that is your business flash upgrade. -- update. julie hyman is looking at stock news. julie: a few miscellaneous movers we have not gotten to. debbie w grainger is one of the worst performers in the s&p 500 grainger.ww today thatlyst says the long shadow of amazon business has been a growing since it grainger ever got into the business. the analyst is citing a redacted , whiche court testimony cited grainger as a direct competitor and direct target of amazon. we are also looking at a couple of health care movers today going in opposite directions. after reports by reuters and "the new york post" that the , shareswas up for sale of depomed spiking. another company testing a respiratory vaccine for the elderly for rsv, a flu-like ailment was mostly affect the elderly, but it got worse results than a placebo in test, and that i

emily: we see verizon, unilever -- what, when, how much more?a few of the things scott mentioned have been true for a few years. big corporate balance sheet, low interest rates, access to cheap capital, people trying to manufacture growth anyway you can. the thing that's starting to shift is price expectations. you see this private financing market change and we see that in a few different ways. i would argue in this bubble environment we have been in, it has been much more about access rather than diligence. we have probably flipped too much as an industry without diligence and we're flipping back to diligence. great investors have both. i think you have great rationality and operating these is this is an scaling is tougher and expected. getting viable unit economics is tougher than expected. people are questioning that and i think it's starting to turn the m&a environment. emily: do think we have been in a bubble or are the bubble? david: i think we have been available and we are seeing that start to reset. a lot of the private financing that

you look at the valuations associated with what jessica has potentially is selling to unilever, and whataccomplished from basically being the first youtube star, drinking wine, to push product for his dad's liquor shop and wine store in new jersey, and what will.i.am has done in promoting content through devices and pushing partnerships the ones yet had with beats and apple. when it's company is really on -- gwenyth's company is built brick by brick. apple as a partner is extraordinary. one of the reasons we were able to attract a got talent is because we are in business with apple and because they are our partner. i am sure everybody wanted those ladies and gentlemen on their shows, and i think we got them on our show because apple is our partner. emily: we are really looking forward to it. you also have a number of other different projects going on right now and i am curious, where you see the future of content going with the rise of so many distribution platforms, having been on the front of the itunes revolution with "the office?" need is first thing we an updated tv guide. i took my

unilever makes many products including dove and sprays.the stock is falling more than 3% in extended trading. earnings at the business company rose but bank shares sanked after both earnings end revenue, miss expectations. shares of depomed soaring more than 12% after hours. the drug maker reportedly preparing for a sale. activists investors star board has called for the company to pursue such a step. pandora media gaining 2%. it's landed a licensing deal with warner music group. the third of the big three music labels. move is one of the final steps for the company's plan on-demand streaming service. nicole: coming up, how can the u.s. prevent russia from hacking our elections? >> i do think the paper ballots are the way to go, really, again they're recountable, there's a paper trail so there's never going to be an issue with people hacking into that. nicole: fox news chief intelligence correspondence has the story. we are watching u.s. stock market futures. we have a winning week on wall street, dow is up three quarters of one percent. n

cap the size of unilever.exactly what we're talking about this morning. large companies looking for innovation. and you know, the consumer is smarter now. >> but does it screw it up when you bring a small brand that has cultivated an audience that likes it's not one of these big companies. >> you have mo maintain the authenticity. >> don't mess with the ingredients. >> what happens is these firms are leaving the existing team in place and letting it run and adding value where they can. >> just quickly because you know the numbers better than anybody else. on the price, does that make sense? a billion bucks? valuation was a billion seven. >> i'm not close enough to the story. >> what do you think of the defensive motes around these businesses now? people talk about dollar shave club. that's not necessarily your type of business, but it's in your space. just the ability for companies to sort of come out of nowhere and compete against the big guys in a way they never could before. >> i mean, you would think -- th

good companies, unilever, these are good, well-managed companies with corporate governments.e: when you look at what is happening in the states, how do you look at it in the market? i do not know what the market is pricing and it seems like they are ignoring a trump victory. is he really displaced janet yellen when her terms come up? martin: a difficult question. i know him through golf. iat he has done for golf, as am sure a lot of people have said, is fantastic. all i have said throughout this campaign of his is people should not underestimate him. he has got a lot further than anyone ever predicted way back. you never know what is going to happen. francine: one of our anchors caught up with donald trump yesterday after the debate. bloomberg politics' mark halperin asked how he felt that how he felt the debate had gone mark:. congratulations on getting through your first presidential debate. >> i thought it was great, i really enjoyed it. i think she proved it was all .alk and no action for years she has been working on things and nothing ever gets done. mark: of the object

looking at you unilever. companies that i think -- fantastic companies. a fantastic company. think it is incredibly cheap. you think about the return on equities for shareholders. francine: your basic concern is no recessions. otherwise, these companies will be slapped. i do not think there will be a recession. i think there is a for the economic slowdown. we will have a positive policy response. that will be good news for equity valuation. in terms of how one allocates assets, i am overweight exiting and using risk budget fully and then environment. francine: what is the one thing that you think markets are mispricing? but the people are worried they say i'm still invested. when will it burst? if, at all? james: i do not think that government bonds well blow that far, because we are going to be in an environment where growth is low. inflation is low. i think we will get a pick up in inflation in the next six months. in 12 months, we will be back to facing inflationary pressures. i think the credit spreads, in tight.elds, are too and what we need to have is a major failure in

if you are english, that is the hsbc,l, shell, unilever, sap miller, astrazeneca.ch 9, 2009. the market cap was 346 billion. we were sitting on value $struction the note 1.5 -- 3 trillion. financial index -- its peak, february 20, 2000 7 -- $2.95 trillion. worththen, it has risen, about $3 trillion. what a difference between the banking industry is on both side of the atlantic. #btv 3588. julie: position has come -- in this case, size matters, i like the -- what the chart shows. dani wins onstats, chart. a cowards verdict. both of you guys are winners. mark b.: i will take that on a friday. well done, dani. more on apple -- we heard from dani on apple, we're giving you more. how has apple been able to recapture its magic? this is bloomberg. [applause] ♪ live from new york, i am julie hyman. mark b.: and you're watching bloomberg markets. i am mark martin in london. let's get to the bloomberg business flash, a look at some of the biggest stories in the news. standard chartered might spin off its private equity business to its managers according to people familiar wi

products are safe but more than >> catherine: unilever in talks to buy jessica alba's company. organic diapers, baby formula and household cleaners. honest company hit with multiple lawsuits claiming products contain chemicals the company says it avoids but alda repeatedly denied. unlever bought the last month. >> merged back in july. the store's in peabody, saugus, quincy and norwell shut down on september 11th after a few days of rebranding and restocking the stores we will year and ground floor of large apartment and retail building near harvard stadium and it will be the california company's second store in boston though it has several locations in cambridge, brookline and arlington. there's also a store planned for simply square in somerville. >> catherine: expressway slow in dorchester and pike d north of the city 128 moving very smoothly, 93 still a little sluggish as go through medford and somerville there and maybe an accident in some delays and route 1 or 1a there. look at pike, traffic moving smoothly as you go east in brighton. here are drive times for you again all

the "wall street journal" reports that unilever is in talks to buy the green company for more than $1 billion. honest products include organic diapers, baby formula and household cleaners. the honest company was hit with multiple lawsuits that its products contain chemicals that alba avoid. makes dove soaps and axe body spray bought the dollar shave club last month. >>> a cool bus driver has been pass a slow-moving truck. this happened this week in new jersey and in the video, you can see the school bus driver on the other side of the street to get in front of a fed ex truck. then the fed ex gets in the other lane and passes the school bus and started to drive even slower. >> it is not a sports car. it is a truck, it is a bus, it is big, it is not a maserati and shouldn't be handled like one. >> police are investigating the incident. no board if any students were on the bus at the time. fasten your seat belt. a bill introduced in congress will have the same kind of alert to warn if a child is in the back seat. 29 children have died in heat stroke incidents. a bipartisan bill introduce

that would not only mean a major boost for the company, but it could also, of course, mean this unileveris going to have access to many of the different areas, including the u.s. diaper market. guys? >> jessica alba, multitalented. hadley gamble live from london. thank you, alex and betty, back to you. >> what do you think about that? >> good to wake up jessica alba today. >> actress, media mogul, wow. >> one can only dream. >>> still ahead, donald trump hits back at criticism that he likes vladimir putin a little too much, accusing democrats of making much to do about nothing. we'll have his comments just last night. >>> and it's a cease-fire in syria starting to crumble. we'll get a live report on that and why russia accuses the u.s. of not holding up its end of the bargain. we're back in a moment. the microsoft cloud helps us stay connected. the microsoft cloud offers infinite scalability. the microsoft cloud helps our customers get up and running, anywhere in the planet. wherever there's a phone, you've got a bank, and we could never do that before. the cloud gave us a single platfor

uni -- unilever it in talks to buy the company for $1 billion. the honest company was hit with multiple lawsuits claiming that its products contain chemicals the company say it is avoid. but alba has repeatedly denied those reports. soaps and axe body spray also bought the dollar shave club last month. >>> a school bus driver has been fired for some erratic driving to pass a slow moving truck. it happened this week in new jersey, and in the video you can see a school bus drive from the other -- drive from the other side of the street to get in front of a fed ex truck. the fed ex truck passes in the other lane and passes the school bus an starts to move even slower. >> it is a truck. it is a bus. it is big. be handled like one. >> sara: police are investigating the incident and no word if any students were on the bus at the time. >>> if your car -- the car will remind you if you forget to turn the lights off or fasten your seat belt. the same kind of alert to see if a child is left in the back seat. 29 children have died in heat stroke incidents.

speaking in an interview with francine lacqua, unilever ceo gave his views. he have not seen their incomes go up -- >> many have not seen their incomes go up in 15 to 20 years. increasingly the world is set against them. it is not a vote against the as it wasstem according to some people for brussels or immigrants or anything. david: global news, 24 hours a day, powered by 2600 journalists and analysts in more than 120 countries. this is bloomberg. guy echo guy: -- guy? guy: a selloff is ripping through wants and equities. at such a level -- through bonds and equities at such a level that it signifies a shift in -- part of that market positioning. they are tracking each other on the way down. this is weird stuff. the question is what is happening? is this a central tank put that we have all known and loved now being called into question? bob parker is on set with us. bob: that is right. i think what has changed in the last two or three weeks is investors are now focusing on what the fed is going to do in 2017. not necessarily whether they raise rates in septe

company she co-founded which sells green and organic products is reportedly in talks to be sold to unilever for $1 billion, that is honestly a lot of money. >>> a sign of the times in the food industry. the company that makes instant ramen noodles, a longtime staple in dorm room, well, they're changing their recipe, reducing artificial flavors to join the healthy food trend. >>> finally for you on this friday, adding the midas touch is something we use mostly every day. this golden throne is going on display at new york's guggenheim museum. this is a public toilet cast in 18 karat gold. it is fully functional, everyone. it is available for your use available for visitors. the artist named it america to opportunity for all but, yes, you heard that right. you can go to the museum. >> no. >> its own display, fully functional in privacy. how about that. >> is it wrong that i kind of want to use it? >> yes. >> yeah. >> all right. fine. >> you're not a hot mess for wanting to use that. >> our theme this morning. >> hot mess. i'll continue. >> i don't want to think about it. >> golan opportunities

unilever has expressed interest in buying honest company, the healthful products company cofounded bysica alba. honest is also working with goldman sachs and morgan stanley on an ipo. takata, the japanese airbag maker at the center of the recall, has a short list of buyers at the end of next month, potential. they hope to shortlist two or three candidates, and among the possibles, carlyle group and kkr. takata has been negotiate with automakers on cuts went to the lengthy --faulty airbags. had, still, a new bit -- i -- a new billew has been introduced that would releasenald trump to his tax returns unless he can prove the details of an irs audit. this is bloomberg. ♪ you are watching bloomberg markets. i am matt miller. scarlet: i am scarlet fu. republican presidential nominee donald trump facing a lot of pressure to release tax returns. this week a new bill was introduced that would force trump to prove he is declining to release returns because of an ongoing irs audited with get more details from capitol hill tech support, aaron lorenzo, who joins us from washington. unveiling thecr

. >> it is up for sale and reportedly in talks to sell with unilever which makes dove and body spraysvalued at $1 billion. >> 1 billion. >> that is lower than $1.7 billion the company was once reported worth. >> it was worth more. >> they have had a lot of lawsuits, and maybe why she's selling lower and one claiming honest companies their organic baby food contain synthetic ingredients. >> is there another one complaining that the laundry detergent contained harsh chemical cleaners found in tide. of course, alba denied these claims and she might still get her billion dollars. >> i think she will be fine with the 1 billion, as opposed to 1.7 billion. >> she married a guy named cash. >> cash. >> she should change her name to cash. >> she married a guy named cash warren. >> any relation to you, dave? do you know cash warren? isn't that his name in the control room cash warren. >> okay, i thought it was a joke. >> she married a guy named cash. >> okay. >> we do a six hour show here every day of the week. weekend it is shorter. but in all that time you start reading the teleprompter and so

>> it's owned by unilever. >> absolutely ridiculous.t to control the media, they can move to north korea or russia or china. not happening here. no one is telling us what we can and can't say. >> everyone loves to be in north korea to wear gray and not have electricity. >> it's ridiculous, they think they can control the media. >> i like to eat once a week. >>> ten minutes before 7:00 here in new york city. what's hillary clinton's plan to stop terror attacks like the one in new york city. she wants to fight back with silicon valley really the solution? we're going to talk about that. >> plus, how is donald trump changing his strategy for the next presidential debate. lieutenant michael flynn is on the debate team. we gotarly today. he probably only ran a marathon already. hopefully he's in a talking mood. test. test. test. as i'm jamie foxx for verizon. in the nation's largest independent study by rootmetrics, again, verizon is the number one network. hi, i'm jamie foxx for sprint. and i'm jamie foxx for t-mobile. (both) and we're just

we are watching unilever, green prowcts seventh generation for 700 million months, the acquisition making the customers potential deal to purchase jessica alba's honest company now unlikely. cheryl: we talked about the wild fire the cost has topped $200 million. this makes it the most expensive fire of u.s. history. it was started by and illegal campfire on july 22nd, did lead to a death of a man in a bulldozer accident. president obama weighing in on self-driving cars. the president in the op-ed said that automotive vehicle has potential to save lives but has to be safe, administration with rules of driverless car that is could lead down the road to new regulation. by the way, scott, he wrote his own op-ed for the journal, he said, that, quote, automakers must resist temptation, will set false expectations with an undecided public. finally the weight is over. go price tag 800 bucks. it actually fits into a backpack which is why the excitement is going on about. the gopro, many people say the stock shows this needs to kind of expand at this point. maria: a lot of innovation going on. than

how about this, unilever is in talks to acquire jessica alba's honest company.ve a billion dollars for it, that makes her a very wealthy young woman. and in the next month, they're expanding and the new york attorney general is investigating exxonmobil's accounting practices. in the sharp decline and the value of oil. it's one of their assets. look at intel, it says they will make more money than expected. looking into the future, they say more demands for pc's. intel up 3% on that one. we've got a big recall at fiat chrysler. the story plays, nicole. nicole: nearly two million vehicles being recalled. 1.9 million to be precise. and stock is 2 1/2%. being recalled. there are some fatalities in this one, being recalled, a possible air bag and seat belt failure due to specific devices. now, they did say that they're looking into aware of three fatalities, five injuries that may be potentially connected to this particular condition. what names are we talking about? the chrysler sebring, the dodge avenger, the jeep patriot and specific years, go ahead and call your