in maui >>> a global economy and development fellow at the brookings institution violence us from washington d.c. >> i know ut testified. this is the facest growing region in the world. do you think it's essential for the u.s. to be part of it. not to be marginalized from other efforts in the region. >> the ttp will be a significant trade agreement that's been concluded in a long while. since the conclusion of the organization 20 years ago. it will be a key opportunity to access new markets, and is one of the fastest growing regions of the world. not only is it fast growing economically, but midful -- mid class growth. importantly, it's going to be an opportunity for the u.s. to have a key role in making sure the type of development in the region going forward is market orientated rather than the more government-led type of economic model that china followed. >> andrew thomas raised the spectre of china in his report. how important is the deal to counter the growing influence of china in the region. >> so it's growth an opportunity and a hedge with regard to china, it's an opportunity for the u.

joining us from washington d.c. is former ambassador, nicholas burns, former lead negotiate on iran's nuclear program. always good to see you ambassador. >> good evening antonio. >> you testified at the congressional hearing and you said you are in favor of the agreement because there are greater risks in not having it in place but you were also very clear that the administration needs to take a tough line on inspections and enforcement if there are any violations. >> that's right. i think this is a good deal for the united states because it essentially freezes iran's nuclear program for next ten to 15 years. iran has been accelerating forward since ahmadinejad took over. our other message is there are some down sides, there are some risks. after the expiration of this deal ten to 15 years from now iran will have a theoretical right to reconstitute that program. we've got to be ready for that. its aggressive actions in syria iraq lebanon, if you will, what i was argue for today was go ahead in the nuclear deal but p

both joining us from washington d.c. . >> i'll begin with you. according to fortune magazine, the average bonus for a broker was $172,600 last year. the average wage earner on main streak making understand $46,000. -- making understand $46,000. why is that fair? >> i think the bigger question when looking at the minimum wage is who are we taking opportunities from. it's clear when we increase the minimum wage, especially in levels seen to $15, that's going to cut off a lot of opportunities for young people. over half of those earning the minimum wage are under 25. >> two-thirds work unsigned. you'd think with the political teaks this would be a major part of the workforce. it's 3%. i'm looking at the facts from the u.s. department of labour. increasing the minimum wage will cause people to lose their jobs. 600 economists, several nobel prize winners signed on to a letter supporting raising it to 1010. is the labour department lying. they say it doesn't make a difference or say what you say it says. >> well people... >> i'll let the doctor answer

you'll see the battle taken to the spoilers. >> joining us from washington d.c., thank you so much for having joined us. >>> police say at least 14 have been killed and 40 others wounded in a series of bombings across the iraqi capital baghdad. >> eight people, including five civilians were killed in a bombing at a checkpoint. a roadside bomb killed two other people. >> and the iraqi security forces say i.s.i.l. fighters launched attacks between baghdad and i.s.i.l.'s strong hold of fallujah. it's one. last places held by trial and security forces. 1,100 are understood to have been killed. shi'a militias say they are advancing 50km north of baghdad, saying they recaptured villages held by the armed group >>> israel released a palestinian prisoner that went on a chunker strike after being held for a year. khader adnan has been held in detention. >>reporter: a hero's welcome for a man used to israeli prisons. he was held under administrative order. it allows israel to hold them in prison for many years in some cases. it's not the first time khader adnan has gone on hunger strike in deten

we have also got jordan robertson with us from washington d.c.. th me in the studio you see a professor of nuclear and -- nuclear engineering. thank you all for joining us. professor, i will start with you. iran used to reduce uranium at 93% enrichment. that was brought down to 20%. how landmark is this deal? how much of a breakthrough is it? >> this deal is adequate to make sure the build weapons, in my opinion. emily: what does it mean? what can that power? edward: that is ordinary reactor fuel in most countries of the world. almost every other country has that as the normal enrichment for nuclear power. emily: yet you think the most important words in the deal are what? edward: take the enormous document and look at article 15. it says that iran will allow the iaea to monitor online enrichment measurement and use electronic seals. those are the most important words. we can look at every one of these in the system and look at the enrichment going around in their separation cascade. emily: jordan, i wonder from you, there will be huge pressure to

thank you for joining us from washington, d.c. thank you. >> well, an american tourist accused of killing a much-loveed lion in zimbabwe says that he hunted the lino legallyion legally. he's now wanted by zimbabwe policering. he said he will cooperate. >> the newswire is buzzing with this story not just because of the legality of the killing of cecil who was lured out of the park and then killed--not killed but injured and then hunted for 40 hours. the land he was lured on to did not have trophy hunting licenses around and it would appear that those involved are going to face criminal charges. but the situation facing lions in south africa is extremely dire. 30 years ago there were 30,000--sorry, 80,000 lyons. now there are between 252,000 and 30,000 lines. and trophy hunting is really one of the causes of that decline. >> this conflict has brought appalling damage on an already suffering people. we must redouble their efforts to bring a pause in their fighting to reach all those in need with basic assistance and urgently to give

joining us from washington d.c. is lisa stark lisa you have been following trail that investigators are pursuing, involving mohammed yousef abdulazeez, what are the motives they have about him and the possible motive? >> we have heard from the homeland security side representative mike mccall of texas. he gave us some details we did not know previously. he said abdulazeez was carrying a fully loaded ak ak .47. all the electronic devices on their way to washington, d.c. where they will get a full forensic analysis, looking to see if there is any connection to any terrorist group or whether he was motivated by any terrorist group. and in fact, what mccall said today is that he believed the islamic state in syria was the motivating force if you will, if not directly then at least online for this attack. here's when he had to say. >> so my judgment in my experience is that this was a i.s.i.s. inspired attack. and it has been open as a terrorism investigation by the fbi which is a very significant event in this case. >> r

let's get the latest now following the story for us from washington, d.c., what more do we know. >> take you to the major for the latest. >> we no of know active issues right now. we do know that we have four individuals who were killed who are victims we know that the shooter was killed at the scene as well. also, one chattanooga police officer was shot in the ankle and is been streeted very well, as well as there were some other individuals who were shot and have also been treated. i want to say again, it is incomprehensibleble to see what happened and the way that individuals can proudly serve our country were treated. two different locations this individual went to. and as a city, we will respond to this with every available resource that we have. i have behind me individuals from the fbi the atf chattanooga police department, every single resource that we can summon. this is as i said, a nightmare for the city of chattanooga. one that to which we will respond. with that, i will give -- >> the shooter or -- >> that's a fifth person. chief. >> thank you, will mayor. >> the mayor share

deirdre: and those five blank pages is the females thank you very much for joining us from washington d.c.. keeping the system with the unfair advantages is the crux of the insider-trading. deciding it is not a crime if the traders note that the person tipping them off could benefit they're asking the supreme court to review their rules that with me now has the obama administration said this standard that assigns the burden of proof who may benefit basically makes it easier for people to cheat. >> i am not sure if it makes it easier but i think it makes them harder for the government to put people in prison here for insider-trading violations. the case said the government had to prove that someone not of the new the received the information with a breach of fiduciary duty but they also had a personal benefit according to him or her. so that raises the standard for conviction and to portfolio managers. >> the supreme court obviously is on summer holiday so what are the chances when they come back it will prioritize this review? >> it is a very important case. with the idea of downstream ti

. >>> joining us from washington d.c. is an economics reporter from "the wall street journal", who has been following the greek crisis. good to have you with us. this last-minute plan as much as we know of it means more austerity and sacrifice for the greek people. is it enough for greece to get the bail out it needs. >> the thing is the extreme hardening on both sides. you have the greek referendum frowned upon which the grech officials. it was seen by others including noted u.s. economists as a fair way to get democrating backing for a debt deal. politically, it seems to have backfired in the sense that the european position hardened and there doesn't seem to be a willingness to compromise. we could have this conversation a year ago or two years ago. we have been on the brink over and over. another question is has the two sides grown so far apart that they are no longer able to come together. >> that's the big question. >> the international monetary fund and u.s. weighed in saying the greek debt is unsustainable, putting

frank joins us from washington d.c. frank good to have you with us. as a cuban american -- >> thank you for having me. >> -- what was it like to be a few blocks from the white house the cuban anthem being sung and the flag raised? >> as one hears about cuba, once you go behind the headlines you find a different reality. everybody keeps talking as that building became the cuban embassy. that building is the place that cuban be government was representsince jimmy carter. the american embassy has been the place for american diplomats. there have been more where american diplomats in cuba than be canadians or russians for more than 20 years. the change today is mostly symbolic. a sign has been changed. and the flags came up. >> right. >> now this is very important -- >> symbolism is important and you know speaker of the house john boehner encapsulated the main argument of those who oppose the thawing of relations by issuing a statement. he says it's appalling to see america's president welcoming and rewarding a regime that has no comparison to american va

much,t: thank you so joining us from washington, d.c. do you havean amex? cordort of cut with credit cards, but i do have an american express, mastercard for my debit card. scarlet: if you were to rely only on an amex, you would not be able to use it much. alix: looking at american express net income coming in at -11% year. definitely feeling some pain. lots more coming up on the bloomberg market day. the housing market is picking up speed. how that sectors recovery fits the narrative of the broader economy, next. ♪ alix: welcome back to the "bloomberg market day." top stories crossing the terminal right now? lebron james partnering with warner bros. on a broad content creation deal. covers film, television, and digital content. james is in theaters already, he is in the judd at the towel film, "train wreck," starring amy schumer. bill simmons is headed to hbo. his contract begins in october and the weekly contract begins in 2016. he helped to create the network's 3430 series, along with us or it's an culture website, grant land. the minnesota vikings deal

joining us from washington, d.c. >> talk the step back. united airline, all 35 thousand planes were grounds, new york stock exchange, stop trading for 4 hours. then "wall street journal" web site did not work. all that means messed up markets. we closed down 261. layer china and greece on it, where does the market go from here? we'll be right back to discuss. . i earn unlimited 2% cash back on everything i buy for my studio. ♪ and that unlimited 2% cash back from spark means thousands of dollars each year going back into my business... that's huge for my bottom line. what's in your wallet? yoyour friends have your back. your dog's definitely got your back. but who's got your back when you need legal help? we do. we're legalzoom, and over the last 10 years, we've helped millions of people protect their families and run their businesses. we have the right people on-hand to answer your questions, backed by a trusted network of attorneys. so visit us today for legal help you can count on. legalzoom. legal help is here. if youthen you'll know h

. >> joining us from washington d.c. is the middle east advocacy director for human rights watch. good to have you with us. polls show a majority of israeli jews oppose a freeze and in a poll a majority opposes rebuilding in gaza a decade after israel pulled out. most of the parties don't want a freeze. so politically, is there much hope that settlement will stop? >> well, there is a lot of talk about a freeze but as we heard before this, there's no real freeze on the ground. settlements have been expanding through the recent years. the minister of israel recently had a statement saying that she was considering what she called legalization of some settlements, as if there was such a thing, a legal settlement. because according to israeli standards some are considered legal, some are not. >> depending on the land whether there was a building a permit in the beginning. the distinctions do not make sense with record to the law. every settlement is illegal. that's the conclusion of the convention saying opening powers cannot. that is the consensus. what she is trying to do is say that

. >> let's get more on the american reaction from alan fisher who is live for us from washington, d.cecifically reaction from american legislators. so what are you hearing? >> reporter: i have been speaking to bob corker who is a very big deal when it comes to how this process will unfold. just in the last few minutes he has been standing here telling me he approached this whole deal from a skeptical position. he believes the iranians got everything they wanted and barack obama hasn't been able to land the prize he wanted. when i said isn't this just real politics? he got the deal he could in he said we're going to go through it line by line check all 107 pages of this document and then we'll ask for a vote then we'll make a decision. and he's not put off by the threat of a veto from barack obama. that view is also supported by the speaker of the house. he believes that barack obama did not deliver the deal that he had initially promised. >> the outset of the iran negotiations, the obama administration said that a good deal would affirm that iran does not have the right to enrich. the

tobias harris worked for a member of the upper house and joins us from washington d.c. i know shinzo abe wanted to get past the guilt of japan's militarism. polls that the members want to finance pacifism. this goes back to his father during the 1950s, whose goal was to claim autonomy. part was advising on the constitution. undoing the restrictions on japan's military imposed after the war. and in many ways, that is what is driving abe now. and why he took a risk. that it needs a stronger military advance and how i.s.i.l. executed two japanese hostages. doesn't he have a point. >> the time is ore due for japan to have that debate. in a lot of ways the corey ashe government has not explained what it has done. it's been evaseive. as a result it's not a debate about what is best for japan. >> shinzo abe's atravel rate rating -- approval rating. >> the bill is in the upper house. i think it's too soon to say whether he'll lee office or be forced to resign. at the end of the day he faces no strong opposition party, they have made no head way in terms of regaining support. >>

. >> joining us from washington d.c. is larry luxter a news editor frequently reported on cuban issues. >> did you think you would see this historic moment in your lifetime. >> no, i didn't expect it to happen as long as the castro brothers were alive. this is a function of president obama wanting to leave a legacy of making amends and creating friendships with countries, with which we have had bitter ties, and cuba and iran come to mind. both are happening within the same week of each other, it seems. while cuba is no longer on the state department terrorist list and is establishing diplomatic ties. iran remains on the list no diplomatic ties. it leads to a new approach by the white house of wanting to correct the wrongs of the past. >> is it equally, do you think, popular in cuba and the u.s.? >> i think it's very popular in cuba. can't speak to how it is in cuba, the vast majority of americans favour the policy. even among cuban americans attitudes have changed. 61% of americans favour this and want the embargo lifted

. >> joining me, new book is why hawks become doves policy change in israel joins us from washington d.c. thank you so much for joining us. >> thank you my pleasure. >> so the death of this baby is certainly causing outrage but putting this into context for us here how common is settler violence against palestinians? >> well, unfortunately we have seen incident after incident in recent years that stem from raisism and voings violence and extremism that the prime minister has yet to confront. >> and speaking of the prime minister, netanyahu came out quickly today condemning this incident against palestinian family as terrorism. how unusual is that for him? >> well, i think it was a good move, and the right move, and perhaps somewhat unusual because he didn't white wash the event and he swivelly condemned it and called it terrorism which is what it is. it was good to see wall to wall kind of nation in israel from pretty much all sectors of the population from left to right. it was also gratifying to hear that prime minister called his palestinian counterpart you mahmoud abbas to condemn to

ambassador to greece and joins us from washington d.c. the story we aired referred to break anger and european financial leaders. polls suggest that there's anger at the greek government. and it may end up in a yes vote. if it happens, is it the end of the alexis tsipras government. >> it probably is. around three-quarters of the voters supporting the alexis tsipras and the syriza party are against continuing the bail outs. it will be difficult for the government to continue governing when most of the members are in issue with the government. >> will the government fall no matter what the vote is. >> i think it's the answer. they've pointed themselves into a corner. it's a monumental thing. if it's a yes vote it will be difficult for them to manage the next stage of negotiations to get a package in place. if it's a know they have lost trust, it will not but the europeans and germans in a mood to provide concessions. >> how huge was this miscalculation. didn't the government see that calling for it in the dramatic way the prime minister we

. >>> we're joined by the director of the turkish research program joining us from washington, d.c.ook, after sitting on the sidelines for -- >> hello. >> -- pleasure -- for most of the last year why has turkey entered the isil fight in this way, now? >> for a long time turkey wanted in return for kwaping with the united states against isis, it wanted something concrete that it could used to boost up the opposition in syria, such as a safe haven, where opposition groups could rally against the assad regime. the united states i think has given turkey something quite close to a safe haven. i would call it a isis free zone. it's halfway between u.s. and turkey positions. the white house is not saying that this is also not an -- an area that's open to others so it's definitely going to be a safe region for the opposition and i think this is what has brought turkey on board, now that turkey knows it can use this area as a staging ground for opposition groups and also eventually transfer some of the 2 million refugees in turkey into this area as well. >> i want to come back to that in a s

. >> lacey healy is a policy director, joining us from washington d.c. and president of the iranian american council joining us via skype. ms. healey i'll begin with you. does a treaty work provided all of the signatories bide by it? >> if a country is not abiding by the owners terms iran was one of the signers in 1968 and since has had some issues where it's -- say secret facilities, in particular, have been discovered by the iaea, the international watchdog that watches over the signatories to the npt. things that have sparked particular interest that iran has been doing suspicious activity that has led the international community that led them to believe iran was not beingfollowing the treaty, react to iran's potentially negative movements and ultimately really, that led to the sanctions that brought around the table and the negotiations we are in today. >> mr. miramadi do you take iran at its words when i says it is only pursuing the peaceful use of technology and why? >> i think iran does not have the intention to build nuclear power. and -- >> what

deal >>> lacy healy is a senior fellow at the stimpson fellow and policy director and joins us from washington d.c. and the president of the iranian american council joins us. does a treaty work if not everyone abides by the agreement? >> so. great thing about the nonproliferation treaty is that it provides a mechanism by which the united states and partners can react, if it is not abiding by the treaty. >> iran was a signatory to the mvp when it opened in 1968. it since had some issues where secret facilities in particular, have been discovered by the i.a.e.a. the international watchdog that watches over the signatories to the mvp. things like this that have sparked particular interest so that iran has been doing suspicious activity leading the international community to believe that iran may not comply with its obligations under the npt. this treaty still works it allows them to react, react to iran's potentially negative movements, and ultimately that really is what led to the sanctions that brought iran to the table, and the negotiations we are in today. >> do you take iran at its word when it

he's joining us from washington, d.c., with the american enterprise institute. and jim frischling of new oak saying are you kidding me? china totally matters! bring them both in. derek, to you first, why does china matter, make our viewer understand that there could be a worse leg down on this issue? >> china matters, it's just the chinese stock market doesn't matter, and the evidence i'll offer is when chinese stock markets soar at 150% over a 12-month period, did anyone really notice? the commodity prices rallied. did the chinese economy get better? the answer is no, and no. china does matter and you're in the chinese stock market, you're getting creamed today. for the rest of the world, the chinese stock market doesn't matter. liz: jim is chomping at the bit. go ahead, jim. >> we can't say there's nothing to see when the world's second largest economy, their market is in a freefall. liz: derek is saying the economy is separate from the stock. >> the fact is, you may not own a chinese stock directly, but indirectly, you do. our companies are sell abroad. a lot

jamaicay mcintyre joins us from washington d.c. >> ash carter, he told those traveling with him that he did not expect to change any minds and looks like he was right in that prediction. he did get a cordial greeting. he met with the israeli defense minister yesterday and met with prime minister benjamin netanyahu today for two hours. there was nothing said after that meeting and carter left for his next stop. the two sides essentially had to agree to disagree. >> we have a long-standing partnership, and a commitment to countering iranian influence in this region. we don't agree on everything, and the prime minister made it quite clear that he disagreed with us with respect to the nuclear deal in iran, but friends can disagree. >> so the secretary will spend the night in jordan, where he's conferring with officials there, and then make a trip to saudi arabia, one of the other countries that's upset by the iranian nuclear deal, concerned that it will simply give iran more power and more military might and make them a threat to its neighbors >> so let's dive into that aspect here. with

. >> daniel fuller is the vice president of legislative reeses, and he's joining us from washington d.c. daniel, thank you. >>> new troubles for uber today. a california judge has slammed a $7.3 million fine on the ride sharing company for refusing to hand over certain information to the states. >> a california judge says that uber must pay a $7.3 million fine and it's services in the state should be suspended for not handing over dita about its operations. the ruling comes from the state's public utilities corporation, that says that they have not filed everything required for ride services. such as how often the vehicles are provided. and areas where they turn down requests and the cause of accidents. in a statement uber said that we will appeal the decision, since they have already provided substantial amounts of data to the public utilities commission. more would compromise. by doing that, they have absolved themselves of a lot of the cost of running a transportation company. >> this is the latest blow against the rapidly expanding company, including lawsuits and run-ins with local

and the bureau chief for al jazeera balkans joining us from washington, d.c. tonight. thank you for joining us. bam ambassador, i will start with you. first, let's go back in time. and you were bosnia's ambassador at the time of the massacre. walk me through those days weeks, leading up to that moment. what was it all like for you? >> i was foreign minister at the time. my predecessor had just been assassinated. i would been called to sarajevo to take that roll on. i had stopped in paris for a meeting of the u.n. peacekeeping members, forces, and at that time, i already heard from the dutch defense minister that in fact an assault was being planned. this was very early june 40 days before it fell. what i tried to do was whatever i could to urge the nato allies the united states and others to act to stop this and floorl provide humanitarian aid for a situation that was becoming more dire by the moment. applause recall that was in not just a u.n. safe area but a nato protected zone. in other words, what the dutch were expecting as well as the people of srebenica, if an a

president barack obama has been briefed let's go to tom ackerman joining us live from washington, d.cwe'll get into why they believe this is just a technical issue in just a moment. what sort of problems appear to be happen at the stock exchange. >> well according to the director of the new york stock exchange they're advising investors not to panic. they're saying that the market when trading was suspended or when all the activity on the screens suddenly stopped there was about the market was 180 to 190 points down from the last trading session. there is no reason to believe there is a free fall or anything like that. but it may be noted that the nasdaq, the trading exchange prime ministerially dealing with technical high tech stocks, there have been no problem with that trading and it trading continues on the nasdaq. as for the internal technical issue that the stock exchange says is the cause of what's going on now they hasn't elaborated on that. they said that it is not the result of a cyber breach. at the same time, coincidentally or not and this of course is a big question, we'v

"today in the bay" tracie potts is going to join us live from washington, d.c.irst a look outside right now, a live look that is, at fremont, the location of a 4.0 earthquake overnight. what impact it could have on bart. that when we return with 15 minutes of nonstop news, traffic and weather after the break. a new sea chance to tryew look. something different. this summer, challenge your preconceptions and experience a cadillac for yourself. ♪ the 2015 cadillac srx. lease this from around $339 per month, or purchase with 0% apr financing. ohio is about to get a candidate >>> welcome back. how about a little presidential politics now. the important swing state of ohio is about to get a candidate for president. ohio governor john kasich is going to announce he is running for the rooe nomination later today. at that will make him the 16th major republican candidate in the race. kasich has already visited several key states including iowa, new hampshire and south carolina. he plans to announce his campaign during an event at ohio state university in columbus. >>> a

from washington, d.c. what more can you tell us about this incident? >> as yet, there is not just no confirmation of a shooter but no confirmation that a shot was fired. the reports apparently stem from a phone call by someone who said that he thought he heard a shot. that triggered an enormous police and security force response at the navy yard. understand plea, the apprehension there has always been high, but particularly since 2013 when a person with mental health issues killed 12 people and injured three others, and was subsequently shot by police. the police understandably are concerned about this, but again there is no confirmation that there actually has been a shot fired. this happened during rush hour, morning rush hour in washington and of course the streets have been tied up to a great extent, much more than usual as a result of the huge police presence. again, police say that they have not been able to confirm that actual gunfire developed here. it might be mentioned that because this is the even the july 4 independence day holidays here, th

. >> joining us live from washington d.c david larkin, co-director of change fifa, which san organization aimed at making fifa more transparent. before we move on to anything else i'm sure you've seen those pictures. are you surprised that blatter didn't take take it with more humor? or even pretended to be? >> they say pictures say a thousand words. you know for those of us who watch the situation for a long time ironically that might be the case with regard to that picture. it is an organization that had a long troubled history it was a funny joke and it's a shame he didn't take it that way. >> no he didn't. there's going to be an election apparently sepp blatter will step down. february, not that long, say short of a year from when actually this whole is scandal eruchted. is it tenable that sepp blatter will leave fifa after all this time? >> it's ironic, you have a man who announced he was resigning and reneged on an idea that he was resigning. we have to wait nine months for his departure. what's ironic is this is a man who has overseen this organization's very long history yet he de

us? joining me from washington, d.c. former imf official.mond how worried should we be in terms of our own finances again not greece today. but how long before we are? >> well we might not be greece today. but puerto rico certainly does look like greece. they've just come out indicating that they need to restructure something like 73 billion dollars of debt. this would be the largest use for bankruptcy to put that in perspective detroit when they went bust they have $7 billion on the line. so there are things that we've got to worry about. >> but we never worry about it, politicians don't worries about it. governments don't worry about it. the lenders don't worry about it until it is too late to actually address it. until the borrower is flat on its back. >> yeah, that is the case sadly. that is what we're seeing now in greece, that's the fact that they haven't dealt with it for all of these years, to reach a point where creditors have more money and run out of money and a it can be pretty catastrophic. you're not in a space near that positi

. >> joins us tonight from washington d.c paul very good to have you with us. you recently wrote a report on what the deal means for russia, saying that it's the key beneficiary of the deal and that the biggest benefit is that it assures the continuation of the lawkislamic republic. >> riz is key to emerge because it will before benefit a newly empowered iran to exploit its oil and gas reserves to generate revenue. and will generate a windfall as you mentioned earlier $150 billion has been held in escrow. russia is poised to benefit both economically and politically. economically russia's been working very hard even before the signing of this deal to position itself to make a large number of sales in the commercial space, as well as in the military space. in the commercial space it's hoping to exploit iranians' appetite for rebuilding the economy by transferring nuclear generate being equipment construction equipment telecommunications and energy development resources as well. >> right, already made a couple of deals on nuclear playouts and geopolitically it wi

. >> a pr campaign directed at congress, nbc's tracy pots joins us live from washington, d.c.hat. >> sure, what we are hoping to find out is more details. it is also his pitch to try to get congress to support it. >> later today, president obama begins explaining the deal to the public and selling it to lawmakers. secretary of state john kerry insists -- it's better than nothing. >> what's the alternative? going to war now? >> iran is urging congress to back the deal. >> it's high time for people -- that may not be easy on capitol hill. >> it looks like a worse deal than we even feared if it's in fact as bad as we think, we'll do everything we can to stop it. >> i'm sure he's going to work hard to get the votes. >> they're really to pick it apart. >> i want to go through the process and make sure we understand fully what we're voting on. >> congress has 60 days to approve the deal. >> in that 60 days, so will benjamin netanyahu. remember that controversial speech invited by republicans here talking against iran negotiations? now that it's a deal moving towards -- he says he wi

jordan robertson covers cyber security here and he joins us from washington, d.c.finding out that the same people who packed insurance who hacked the federal government have hacked united airlines. jordan: that's right. we reported this morning that the same group of chinese believed to be state-sponsored hackers that attacked the office of personnel management and got security grants data on employees and also attacked at him and got health insurance data also attacked united airlines and got really sensitive information like flight manifests, which lists people's names and see numbers and data birth and where they're going and their arrivals and departures, as well as sensitive corporate data from united. where all this data is going -- if this is indeed the chinese intelligence services hacking the u.s., which is what the u.s. government believes is the case all this data is going to cloud-based services that the chinese intelligence services use to access and wary where jordan robertson is going. they would get travel records pop up on the screen. the data is v

. >>> good morning we've got breaking news coming to us from washington, d.c.d a press officer calling it a potential incident. no reports of a casualties, this is the same navy yard where 1 people were killed in 2013. reports of a shooter at the navy yard in washington d.c. we'll bring you details as soon as they come in. 8:27 i'm tamala edwards let's look at traffic with karen rogers. >> reporter: good morning, we're seeing overall lighter volume, so many people have off for the 4th. i-95 northbound traffic approaching the commodor barry bridge. usually we would be jammed sold, but not bad now. 17 miles per hour from the betsy ross bridge to girard, 55 at cottman, not that bad. 21 on the schuylkill expressway from the boulevard to gladwyn. we have a disable train washington avenue at grays ferry. at 250th street. watch for that. >> now let's finds out what to expect with accuweather and go over to david murphy good morning. >> reporter: clouds are getting thicker, tam. clouds and showers coming into new castle county, delaware and southern chester county and

and mike viqueira joins us live from washington d.c. and did the white house play a role in getting pollard paroled? >> it insists that it did not. and senior officials in the department of justice say that this was a mandatory parole, dick tainted by the laws of the time in 1985 when jonathan pollard was arrested, when he tried to enter in washington d.c. passing off what was described as an incredibly large quantity of classified information. and sparked fierce passions ever since erica as you know. but at the time, the laws in 1985 stated, under the sentencing guideline that an individual convicted of this crime would be released after 30 years mandatory parole unless there was something that they had done in prison, behavior that would have mandated them staying longer, and pollard hasn't done so. he's in ill health, and highs going to be released on the 21st of this month. >>> in the u.s. and israel, in the wake of the iran deal, which israel vehemently opposes? >> there's an element of the administration playing very couldcoy. and

us grab something from our medicine cabinet, medications like advil or ibuprofen. now the fda says not so fast. "today in the bay" tracie potts joining us live from washington, d.c. tracie, that federal agency is now amping up its warnings about over the counter painkillers >> exactly. for a long time they've been concerned about the risk of heart attack and stroke and now there's new information suggesting that painkillers in this category carry that risk even if you don't have prior risk factors. more likely if you use more of it with higher doses and also, and this was sort is of viedsing, even if you only use it for a short time, had in some cases as short as a week. so the fda now wants to beef up that warning that they've had on these medications since 2004 when they pulled vioxx off the market. we're talking about advil, aleve, motrin known as ibuprofen in its generic form, celebrex if you use a prescription version. pretty much everything in that category of nsaids pept for aspirin. so what you can you do? they're not necessarily saying that you need to drop using them, but they do suggest that you try acetaminophen first, most of us know that as tylenol.

from flight 370. "today in the bay" tracie potts joins us live from washington, d.c. this morning.it is going to take investigators a couple of days to analyze that debris. >> reporter: exactly. they are looking for a number that should be stamped on what they believe to be a wing flap that should match the number of that boeing 777 that disappea ad more than 16 months ago now. they believe this part was washed up on the beaches of a small french island called reunion, they believe that this part belonged to that malaysian flight that was headed to beijing and suddenly disappeared with 239 people on board. they searched for months, there were reports done that had a number of different explanations, but they could never quite figure out what happened and now this wing has has shown up. that foreign minister said this morning that this could be a major lead, a significant development in determining what happened to that plane. interesting thing here is that it washed ashore on an island in the western part of the indian ocean, they had been searching in the southern part of that mas

. >> lisa stark joins us live this morning from washington d.c. the president had some strong words about this deal and for the critics of it, but you just heard john kerry talking about its enforcement. is enforcement an issue that congress is likely to have in the 60 day period? >> that is one of the major concerns on capitol hill, how will this deal be verified, how will it be enforced, will in fact the u.s., will the national community, will the international atomic energy agency be able to really get in, do the inspection necessary and make sure that iran isn't secretly trying to build a nuclear bomb. the penalty today, as well as secretary kerry said this deal isn't bit on trust it's verifiable but congress is expressing distrust and will go through the deal with a fine toothed comb. the president said he would veto attempt to block the legislation and also said it would be irresponsible to walk away from this deal. here's some of what the president had to say. >> because the stakes are so high, this is not the time for politics or posturing

he joins us from washington d.c. dodd-frank, five years later, where are we?he big question is the financial safer in the dodd-frank have anything to do with it? yes it is safer than it was feeding into the financial crisis. you have to ask questions about how much dodd-frank has to do with it. back in 2006, the financial or had 127% of debt compared to gdp. in the financial sector was more than the overall national output down to 80% of gdp today. assign there is less leverage them less prone to shocks. most of that happening before dodd-frank was passed. wall street takes itself before dodd-frank pass. >> look at the way things are structuring today and it's so different than what we saw five years ago. this has just changed the course of financial institutions in the country. dagen: john, you can agree or disagree. we won't know until the law works or not until the next crisis. i look at restrictions on proprietary trading in the financial community complaining about the ability to make markets on fixed income, lack of liquidity. until you see selling in th

. >> al jazeera's roslind jordan sent us this update from washington, d.c. >> the obama administration is welcoming turkey's decision to allow the u.s. military to use two air bases near the turkish border with syria. that's going to make it a lot easier for u.s. fighters to actually launch air attacks on isil targets in northern syria. right now they're having to fly from much farther distances from the gulf as well as aircraft carriers, outside of saudi arabia in order to reach those targets. they say this is going to make the efforts trying to degrade isil targets and operations much easier. now, what is not clear is what actually happened in the negotiations between the u.s. and the turkish authorities to allow these air bases to be used used. the turks have wanted to create a buffer zone inside northern syria in order to protect its territory from isil. it's also wanted to try to establish a formal no-fly zone, something that u.s. officials said would be problematic at best, and probably extremely difficult to carry out at worst. and then there is also the question of whether the

stephanie ramos is joining us live with more from washington, d.c. >> reporter: the new policy that lifts the ban on gay leaders in the boy scouts takes effect immediately, with 80% support from its members. >> after 105 years they re lifting their ban on gay leaders. >> sexuality should not matter. >> are you taught to be honest or trustworthy or generous and caring discrimination is none of those things. >> now it's official. >> previously the band being lifted for youth members it was contradictory. >> the group's president, former defense secretary robert gates, who helped to end the don't ask don't tell policy said the ban is not sustainable. >> for far too long this issue diffoids and distracts us. and join in our shared belief that scouting is a force of good. >> they are still allowing local chapters to maintain their own gay bands if hiring them would violate their own beliefs. >> the mormon church says it was deeply troubled by the decision and it's inconsistent with the doctrines of the church. >> the boy scouts president says the move to lift the ban, was inevitable because th

"today in the bay" tracie potts joins us live from washington, d.c.this this hearing could directly inn packet cities like san francisco because of their sanctuary city policies is that. >> reporter: it most certainly could. what some here on capitol hill are pushing for, sam, is to penalize cities like san francisco when they have policies that do not notify the feds when someone who pay be in dp deportation or in the process is being released. it would take federal money away from cities like san francisco and about 200 around the country that are these so-called sanctuary cities. that house hear, it's the judiciary committee, is starting in 30 minutes from now. jim steinle is testifying again. we got a sneak peek at his testimony this morning. he calls it unbelievable and is pushing for legislation to prevent this type of thing from happening. the sacramento sheriff is going to be here talking about the fact that there's not a connection that locals like sacramento county sheriff's department need to have access to immigration and customs database

"today in the bay" tracie potts joins us live from washington, d.c.racie, when can we expect the governor to sign that bill into law? >> could be as soon as today. it was a 94-20 vote, so the majority of those in the house and that's where we expected the bigger battle, voted to take this confederate battle flag down from in front of the state house. now it has to be certified by both chambers, they're sending it over to the govern officer's desk we are told sometime later today. after that they have 24 hours to get that flag down. some south carolina lawmakers say they want to see it happen quickly. >> i cannot the belief that we do not have the heart in this body to do something meaningful such as take a is symbol that is hate off of these grounds on friday. >> reporter: boy, you really get the sense there of how emotional this debate was. really on both sides. so now it looks like that flag is going to be coming down fairly soon and when it does they're taking it to a confederate military museum that's about a mile away from the state house. back t

"today in the bay" tracie potts joins us live from washington, d.c.racie, a lot of people talking about unexpected comments the president made during a news conference yesterday. >> reporter: exactly. separate from today's prison visit but there is still a lot of buzz here in washington about what the president said and the fact that he said anything about bill cosby's rape allegations. >> if you give a woman, or a man for that matter, without his or her knowledge a drug and then have sex with that person without consent, that's rape. >> reporter: he added no civilized country should tolerate that, but admitted theres no way to revoked cosby's medal of freedom. no comment from cosby spokesman. it's much more than the president normally says about an ongoing case. the question came up at a wide ranging news conference where he defended the nuclear deal with iran. >> without a deal we risk even more war in the middle east. >> reporter: the president even answered questions the media didn't ask and took on one reporter who accused him of being content ce

"today in the bay" tracie potts joins us live from washington, d.c. with more on what those documents are expected to reveal and perhaps not reveal about he his finances. tracie. >> reporter: it's sort of more on the not reveal side right now, it's going to be 30 days before we get the full paperwork from the fec, but from reporters have seen so far donald trump claims that he's worth $10 billion what we know is that he made $362 million last year, including $27 million in symptom gains and another $200 million for the apprentice, for his appearances on the apprentice, but in terms of that $10 billion net worth, not a lot of information in the sec filings that we've seen about his assets, his real estate, his branding, the suits that he sells in his name and his debt which could obviously offset those assets. you ask the people at forbes, they think he's probably worth about $4 billion, not $10 billion, which is till obviously a lot of money, richest guy to ever run for presidency. one of our consultants was saying this morning. we're waiting to get t

"today in the bay" tracie potts joining us live from washington, d.c.e there is a standoff in congress over paying money to fix roads and bridges and they only have a couple more days to if i go this thing out. >> reporter: let me he tell you how that breaks town for people who drive in california. $586 a year, that's the extra you are paying because of the types of roads that your car is on, almost two-thirds of them in poor or mediocre consider according to the government but lawmakers here on capitol hill can't grey on how to keep that repair money flowing from washington. roads, bridge repairs, trains and transit projects on hold. if congress can't agree on a transportation bill by friday. >> we are up against a deadline at the end of the week. job are on the line. >> reporter: could think has passed 33 temporary extensions in the last six years. the house wants another five-month extension. >> if we pass a five-month bill, like some of our opponents are calling for here and in the house, we don't have dime one to fix any bridge. >> reporter: the se

tracie potts joins us live from washington, d.c.are republicans who are trying to make inroads with latino voters saying about trump's agenda? >> well, sam, they're a little worried about that because with these comments that have been very offensive to many latinos, they worry that trump is distancing not only himself but the entire party from a key voting block. >> the pga is moving october's grand slam from donald trump's posh l.a. golf course. trump says he'll just keep their deposit and rerent the green. i get two fees instead of one, he says in a statement. on media coverage of the nine companies who dropped him so far, trump replies, give me a break. he's now second in several republican presidential polls, but trump's comments about mexican immigrants -- >> they're bringing drugs. they're bringing crime. they're rapists. >> aren't sitting well with some immigrants working on his new hotel in washington. all the people i know are workers, not rapists, this man says. >> me, it's not going to affect me. here i am, i'm working.

barnes joins us from washington d.c. with the latest on the hot topic debate. >> hey, liz.klash against sanctuary cities and growing support on capitol hill here among republicans for approving something called caselaw of named for the young woman who was shot and killed allegedly by an undocumented mexican immigrant with 70 felony conviction and had been deported five times in custody and released in san francisco under city policy. the legislation would require mandatory minimum five-year sentence for an illegal immigrant who gets deported and caught returning to the u.s. we are still waiting however for secretary jay johnson at the department of homeland security to be asked if the administration would support the legislation or any other policy to limit these kinds of activities. lives back to you. >> thank you peter barnes. our three "varney & company" minutes away. don't go away. i earn unlimited 2% cash back on everything i buy for my studio. ♪ and that unlimited 2% cash back from spark means thousands of dollars each year going back into my business... that's huge f