also on the show, volkswagen settles with former executives in charge of the company during the diesel emission scandal. but the follow up from the white scale fraud is still ongoing. and paris is relaxing its pandemic restrictions as the city fame restaurants open their doors to indoor dinars. hello, welcome to the show i'm sitting busily in berlin. with us has taken a big step toward spending package meant to boost the nation's competitiveness with china. in areas such as semiconductor production and artificial intelligence, the senate passed a $250000000000.00 version of the bill with support from both sides of the aisle. suggesting that the politically polarized us concerns over china are unifying. on this about the a's or 68, the nase or 30 to the 60 vote threshold having been achieved. the bill is past bipartisan agreement this re these days in the halls. but on this bill, republicans and democrats came together to boost the u. s. ability to compete with chinese technology, which as a percentage of g d. p, we spend less than half as much as the chinese communist party on basic re

well the some extent volkswagen has been able to put the duplicates get scandal behind them. their business has been doing very well over the past several months, several years. their stock price is basically doubled in the past year and they've made a lot of inroads into electric vehicles. they've even been called potentially the next has left for all they're doing to build out and electric vehicle fleet. but the diesel gate, kendall is not going away even just today. winter corn was also charged by berlin, prosecutors for lying to parliamentary committee. they. volkswagen was also charged in france today for diesel gate, for the diesel gate scandal, and they're still tens of thousands of outs standing lawsuits from customers from investors as well as a criminal case against winter foreign. that's expected to start in the fall. so even as they do try to put this demo behind them, it's going to remain with them for years. so the lady, the financial, corresponded in frankfort. thank you've chelsea. let's take a look now. some of the other stories making headlines today, al sal

has had to pay out itself for the diesel gate scandal. initially, volkswagen was reportedly seeking about 1000000000 euros from winter corn and other executives, and that's the amount that both so i can believe they would have saved if these executives would move faster after hearing about the allegations of shooting at the company. volkswagen has really been trying to put duplicate behind them. they've been making a lot of inroads into electric vehicles. but the diesel candle is certainly far from over a winter point today was also charged and berlin with line to a parliamentary committee. he also is facing a criminal fraud case in september as well. there's still thousands and thousands about getting lawsuits from investors from customers, and these are likely to spend on for years. finish correspond. chelsea laney there . paris. the city of lights felt a little bit lighter on wednesday. the city's famed restaurants opening once again to indoor diners. falling a pause of 7 months to the pandemic. diners are keen to be back and restaurant owners eager to make up what they've lost t

volkswagen as well. admirable, i think they called it getting it 20,000 pound car by 2025, which is great, but the margin is 5% by 2025. volkswagen is getting to around 9%, we know tesla -- what's tesla's potentially going to hit. it is admirable nonetheless. alix: i'd love to understand the different categories of ev's we are seeing. he of the first mover like the tesla, then that i am good at manufacturing cars volkswagen which is going to make a big shift to a mass-market of affordable cars, then something like a ferrari taking a slice of the market where it is going to be the superexpensive fancy car, also fast. where does renault fit into those buckets? >> that's a tough one. it is going to have to try to come in on the mass market site and compete head-on with vw. they have a battery price potentially disadvantage, and i don't know if tesla is out of the woods in that category either. there are warmers -- rumors of $25,000 hatchback in europe. they've a giant market cap, they can operate at a loss

more than 3.3 million volkswagen customers have been impacted by a data breach.gen's has a third party access personal information about customers and prospective buyers from a vendor that is used for digital sales and marketing, volkswagen told regulators that most customers only had phone numbers and email addresses, possibly stolen. cutting edge technology is coming to yellowstone national park. the park is rolling out a driverless electric shuttles they carry up to eight passengers under the pilot program, the shuttles give free rides between different lodges and camps. crowds there at yellowstone. they're likely to be popular. yellowstone set a record for visitors during the month of may, with more than 650 visits well, china has released new photos of the surface of the mar of mars taken from its rover. four photos were released by china's national space administration, and they show the martian landscape interview of the road were taken by a remote camera. china landed at space craft on mars a month ago. it's the second nation to carry out that feet after

let's start with another major data breach, this time using volkswagen. >> volkswagen says more than 3 million customers in north america have had their data stolen due to a security flaw at one of its vendors. the exposed data includes personal details like emails and in some cases, drivers licenses and social security numbers. most of the people impacted are current buyers of luxury brand audi. the automaker says it believes the breach occurred some time between summer of 2019 and may of this year. mcdonald's has also been hit by a data breach. the chain says it detected unauthorized activity on its internal data network and discovered a small number of files containing personal data work accessed in south korea and taiwan. the company says its security system was able to close off access quickly after identifying the issue and that no payment information was compromised. julia: as we heard earlier, leaders of the group of seven nations are expected agree to provide one billion doses of covid vaccine to countries in need, but the other idea for speeding up vaccine production is mor

the nasdaq gained 49, and the s&p 500 added 8. >>> volkswagen and its luxury brand audi have been hiting at least three million customers and prospective buyers in north america. company officials say an unauthorized third party obtained personal information from a vendor that audi uses, stealing email and home addresses. the company has reached out to some 90,000 people who had extremely personal information swiped, including their driver's license and social security numbers. the company says it will offer those consumers free credit protection services. >>> the united states postal service says more than 5,800 of its mail carriers were attacked by dogs in 2020. the agency reports an attack only if a postal worker submits an injury claim or tells their supervisor about. the most dog attacks were reported in houston with at least 73 last year. it was followed by chicago, los angeles, cleveland, and denver. >>> and one person shelled out big bucks to fly to space with amazon's ceo, jeff bezos. the unidentified bidder paid an astronomical $28 million and will take off in a blue origin

a diesel gauge scandal has cost volkswagen more than $30000000.00 euros. and 10 years ago today, german chancellor, i'm going to medical announce that germany would shut down its nuclear power plants . it was an expected reaction to the disaster to japan's fukushima plant. after that period. the last of germany is atomic. reactors are shuttled to go offline and just over a year it's the stuff of nightmares, a nuclear power station meltdown the disaster at the she my dad, she plant some shock and fear around the world. those shock waves hit german chancellor and get americans and prompted a remarkable policy. you turn just a few months earlier, mac and had decided to keep germany nuclear, overturning a phase out. policy of the previous government to pens, disaster changed her mind and germany's energy policy. but when miss us dentist today, i say unequivocally before this house because she has changed my position on nuclear energy. her government issued a moratorium on nuclear power. it was a move strongly supported by parliament and by the people. germany'

so called diesel gate has caused volkswagen more than 30000000000. the burly now is back. but with a twist, this year's film festival in berlin will be an open air celebration. everything is set for a summer special that will feature outdoor public readings of more than $100.00 films from the burly. now the selections, the films will be shown in 16 opener cinemas throughout the city. the burly knowledge of central location will be especially created open air cinema on berlin, museum island, or the festival. red carpet has been rolled out. and let's go live now to w scott ross for a vendor in burly. now the reporter at scott burley. now al fresco, so to speak, i guess. what does it look like? yeah, well you can see behind me there just setting things up for the opening ceremony tonight. for the 1st open air version of the building. i'm have to say i quite enjoy it. i mean, i'm used to really freezing my butt off in the red carpet in the winter here and lynn dab a bailey and i'll are right in the middle of summer is fantastic. we'll see how it goes. this is supposed to be re

liz: gm and volkswagen. all right. half because these are all up for certainly the first half. steve, we're glad to have you on this last day of the quarter. [closing bell rings] the last day of the month. the last trading day of the first half of 2021. five straight closes for the s&p at record highs. the dow closes near session highs. that will do it for the claman "countdown." "kudlow" is next. larry: hello, everyone, and welcome to "kudlow." america the great. i'm larry kudlow. we're celebrating july 4th through the lens of the declaration of independence which is what really july 4th is all about. in the late spring of 1776 thomas jefferson was asked by the continental congress to produce a draft of what would become the declaration of independence. and as he wrote many years later, let me quote, the other members of the committee unanimously pressed on myself alone to undertake the draft. i consented.

the former volkswagen ceo martin since corn and 3 other former executives have agreed to pay the company a total of $288000000.00 euros. the money as compensation for their failure to promptly deal with a scandal over diesel engines rigged to cheat on emissions test, so called diesel gate as cost volkswagen. more than 30000000000 euros. at least 17 people have died after a bus collided with van carrying migrant workers on the highway in northern india, the workers were heading to the city of amid the bod to resume their factory. jobs after lockdown restrictions were lifted. cleanup efforts to remove a thick layer of slime or underway on turkeys more mar coastline bloom of the so called he's not is comp caused by compounds released by marine organisms. scientists say it's caused by untreated waste combined with warmer water temperatures. and the burly nelly is back, but with a twist, this year's film festival in berlin will be an open air celebration. everything is set for a summer special that will feature outdoor public screenings have more than $100.00 films. from the burly natalie sel

companies from germany, i've been investing huge sums for years, multinational like siemens, mercedes volkswagen in bosh, and medium sized enterprises and agriculture, construction and machinery. after a week, fantastic year businesses are now seeing a recovery in russia. you start to seek on $35.00 and siding. the statistics and surveys show that cells are fairly high. that's with all that. i don't fancy in the 1st quarter of 2021. that investment was around 1100000000 euros. that's a very high mountain website. the world's largest country by surface area remains attractive to foreign investors. but those doing business here need to have staying power. while many companies are concerned about red tape protectionism and follicle exchange rates shot the course adjusted to the landscape in the past 2 decades. now it's more worried about growing competition from russian companies and they go with perhaps one of the biggest problems is consumer purchasing power. it has suffered in recent year, and i noticed that among my employees as well since 2014, the rugle has been worth only about half of what

the all-new, all-electric volkswagen id.4. did you know you can go to libertymutual.com to customizes your car insurance so you only pay for what you need? really? i didn't-- aah! ok. i'm on vibrate. aaah! only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ it's an important time to save. with priceline, you can get up to 60% off amazing hotels. and when you get a big deal... you feel like a big deal. ♪ for dreamers, temporary e protected status holders, and essential workers like farm workers, america is home. in our toughest times, immigrants have helped keep al of us fed, healthy, and safe. now a majority of republican, democrats, and independents support a pathway to citizenship -- over 70% of all americans. immigrants have done so much for america during this pandemic and throughout our history. our country supports immigration reform. we should act. it would be cool to ride a horse on the moon. every veteran family deserves to fulfill their dream of owning a home and to continue living that dream througho

tons of plans on reactivating up to 50 aircraft in the coming weeks to the rising demand. comic volkswagen and former c o martin winter court have apparently reached agreement and the emissions manipulation scandal. according to media reports, winter corn has agreed to pay v w some 10000000 euros. the w supervisory board concluded that winter court breach his duties of care for not properly explaining circumstances. new figures showed the indian economy contracts by record 7.3 percent last year. it's worse recession than the countries independence. millions of indians are now out of work. analyst expect the economy to continue to faith pressure as it struggles with localize restrictions and a lack luster. vaccine roll out german consumer prices rose to point 5 percent in may from last year. the highest year on year increased and september 2008. energy prices lead the way up 10 percent. the 5th, straight month of rising prices in germany coming as consumer activity picks up. the german bonus bunk says inflation could briefly hit 4 percent this year. without we go to asha tosh, pandey, our f

la selección femenil de los estados unidos juntos principal patrocinador la marca de automóviles volkswagen entrenando cada día más fuerte pesar de tener cáncer en las fuerzas y ahora podrá estar en un partido junto a sus héroes. y hablando de heroína una de las tales figuras de toda la historia del fútbol femenil volvió a hacer tiene cualquier cantidad de récords como jugadores además de haber ganado dos medallas olímpicas dos copas mundiales pero ayer también se convierte en una tarjeta más cara de la historia. esta tarjeta de 1992 se vendió ayer $34,000 rompiendo récords anteriores morgan de $16,000 y aquí era una muestra más de cómo el mercado del deporte femenino lidera mucho interés final que además cada día tiene más teman de qué les pareces qué te parece 34,000 ojalá que vayan más y más. ojalá y por supuesto yo creo que si lo va hacer pero bueno sabemos quien la compró. esa información porque además por alguien quiere hacerse de amigo generalmente la persona que subastan es una persona muy única no se divulga aquí. >>> bueno gracias >>> los eminencias en méxico continúan al alza det

. >>> volkswagen says 3 million customers had their personal data stolen in a breach.ng things th taken. vw says it was an outside vendor and people were hacked and inquired about a volkswagen and might have had information compromised in business, it's never just another day. it's the big sale, or the big presentation. the day where everything goes right. or the one where nothing does. with comcast business you get the network that can deliver gig speeds to the most businesses and advanced cybersecurity to protect every device on it— all backed by a dedicated team, 24/7. every day in business is a big day. we'll keep you ready for what's next. comcast business powering possibilities. >>> breaking news in fairfield, sky7 is over a grass fire burning over markley lane, as you can see the live pictures, firefighters say one building has burned. there is no word on the size or containment right now. you really don't see any active flames. it's a good sign as the camera pulls back, you can see several acres have burnedhave burnedhavd structure as well. we will stay on top

volkswagen says an unauthorized third party obtained information of 3.3 million customers and prospective buyers of audi cars. the data was taken from a surrender used by uso and canadian dealers for sales and marketing. >>> up next, we'll hear from the map who led that dramatic boat rescue we told you about. wanna help kids get their homework done? well, an internet connection's a good start. but kids also need computers. and sometimes the hardest thing about homework is finding a place to do it. so why not hook community centers up with wifi? for kids like us, and all the amazing things we're gonna learn. over the next 10 years, comcast is committing $1 billion to reach 50 million low-income americans with the tools and resources they need to be ready for anything. i hope you're ready. 'cause we are. >>> back now with the >>> back now with the first responders who pulled a boat and its passengers back from the edge of disaster in texas. lane alexander with their warning to others. >> reporter: even the rescue itself was risky. >> they look like they're going over the dam. >> yes, ma'am.

>> well, the issue with gm and why the volkswagen is it, volkswagen over in germany, they have basicallynd the europeans have spoken, they do not want internal combustible engines. so that's what vokes wag en is playing for. volkswagen makes 10 million cars i happened to be at their plant, the largest in the world 55,000 people work there, that's all the ones that are made in this country and they're the most committed i know. >> you get everywhere. you've been there? >> yes, i've been there. many times and they are so committed. because of where they are. don't forget europe is different from here. i got a ticket for recycling by putting a green bottle in a brown thing. i thought all glass is sorted and it was a citizens arrest basically, they take this very seriously, and we are not there yet. and even though they are trying very hard so that people in america separate not separated. >> i look at the way we have opened here and obviously in a wait and see mode. >> no kidding. >> for later this afternoon. but the banks for example are placing their bets on what will happen and jay powel

new details on volkswagens zero- emissions pledge.ey will pivot to all electric cars in europe by 2035. a board member for the german born volkswagen expects the u.s. and china to follow it somewhat later. last year, governor newsom sold in ca toemissions by 2035. >>> traders are starting a new week on wall street after the s&p 500 hit a record high last week. some market watchers are seen areas of concern. the rising inflation rate could push the federal reserve to speed up its plans to raise interest rates. some are worried the economy may have hit its peak of growth. >>> google will let you know when it does not have a reliable answer. if you use the search engine to look up breaking news or rapidly evolving topics, you may be warned that the results are changing quickly and awaiting reliable sources. this is aimed at curbing the spread of misinformation. >>> building a better bay area means focusing on the changing workplace. companies are making adjustments to their offices to help employees feel safer as they return to working i

the all-new, all electric volkswagen id.4. is your family ready for an emergency?apping out two ways to escape your home, creating a supply kit, and including your whole family in practice drills. for help creating an emergency plan, visit safetyactioncenter.pge.com a little preparation will make you and your family safer in an emergency. a week's worth of food and water, radio, flashlight, batteries and first aid kit are a good start to learn more, visit safetyactioncenter.pge.com >>> some of the biggest names in sport are coming out and supporting naomi osaka after she withdrew. it's incredibly brave she's revealed her truth about her struggle with depression. martina navratilova said we're taught to take care of our body and perhaps the mental and emotional part gets short shrift. it's impressive taking the high road when the powers that be don't protect their own. let's talk about what has happened at the french open and naomi osaka with espn tennis analyst brad gilbert. he's a tennis great, former professional player and coach who famously coached andre agassi

they are competing with the big companies like gm, ford, volkswagen, were putting out news about battery plants, vehicle plants every week. the startups are out there trying to figure out how they are going to gain footing and even enter that market. just he fundamentals, the difficult nature of making vehicles of a vehicles, that is making the story a tougher sell, no question. joe: great reporting. thank you to our own david welch from detroit. coming up, better weather in the u.s. we discussed the latest moves in commodities with scott irwin from the university of illinois. that is next. this is bloomberg. ♪ caroline: today, our big focus. we have seen the steady climb. but maybe we are starting to see some rollover in commodities, especially the agricultural parts. wheat, corn. joe: we have been talking about lumber selloffs but also the grains and beans. we see commodities starting to roll over here. grain, wheat, soy all sliding. let's bring in scott irwin, university of illinois at urbana champlain. professor, thank you for joining us. let's start big picture, what is the main con

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say that almost all of the leaked information was of current customers of audi, which is owned volkswagen. the automaker says an unauthorized 3rd party vendor war was able to get their hands on the personal details volkswagen now recommending folks, check out their credit reports and to activate fraud alerts with at least one of the 3 big credit reporting agencies. >> coming up, a major heat wave about to roll into the bay area. we'll take a look at te >> welcome back, everyone, to big stories we're following this monday night. in addition to california set to reopen in about 3 and a half hours. we're also following a big heat wave moving into the bay area this week. a one that has the potential to be quite dangerous. as a matter of fact, take a look at the 7 day forecast. you can see what? >> we're talking about. lawrence has been explaining that this is going to be quite a scorcher for. >> all of the bay area. but particularly the inland areas you see even hitting one a potentially 108 degrees on thursday. so we'll be keeping a close eye on all of that. hopefully folks will do the smart

. >>> another major data breach to report volkswagen says an unauthorized third party obtained information on 3.3 million customers and prospective buyers of its audi cars. the data was taken from a vendor used by some u.s. and canadian dealers for sales and marketing. >>> up next here tonight, we'll hear from the man who led that dramatic boat rescue we told you about. >>> back now with the first responders who pulled a boat and its passengers back from the edge of disaster in texas blayne alexander with their warning to others >> reporter: even the rescue itself was risky. >> so there's people on the boat that look like they're going over the dam >> yes, ma'am. >> reporter: four women without life jackets teetering dangerously on the edge of a dam. their boat lodged on a slab of concrete the only thing preventing a nearly 40-foot plunge >> first thing that went through my mind was all the things that can go wrong. >> reporter: commander joshua todd led the rescue >> there's a very real danger that during the course of that rescue you all could inadvertently cause that boat to go over the

the california highway patrol says lee was driving the volkswagen they had been looking for. eriz was the passenger when a shot was fired from their car, striking this vehicle in the trunk and taking the life of 6-year-old aiden leos, who was strapped to his booster seat >> we have recovered what we believe are the weapon and automobile used in the crime. >> we will get justice for him. >> reporter: investigators have confirmed eriz's instagram profile but have not said if any of the weapons seen in posts from more than a year ago were used in the freeway shooting in orange. the pair was arrested more than two weeks after the shooting a half-million-dollar reward generating a flurry of tips today joanna cloonan buried her son after a memorial service saturday >> they took his life and my heart along with it. he brought so much joy into our hearts. >> reporter: tonight heartbreak and now the promise of justice miguel almaguer, nbc news >>> amazon founder jeff bezos said today he will ride into space next month aboard his blue origin rocket bezos and his brother mark will be am

this wagon is for sale it's a 2013 diesel volkswagen station wagon, 125,000 miles and it's super hot used auto market how much would you pay for it? oh, we put the price tag up i wanted you to guess, well anyway , tweet me, would you pay 10 grand for that vehicle? plus, always trying to keep you ahead of the crowd so i'm saying there's something going on with this unemployment situation. there's a worker strike, and it won't be resolved just by getting rid of federal unemployment checks. the question though is could it derail our economy and the stock market, and i've got your favorite youtube star on the reddit revolution, the host is here on the show with us later today. the world's first fully autonomous vehicle is almost at the finish line what a ride! i invested in invesco qqq a fund that invests in the innovators of the nasdaq-100 like you become an agent of innovation with invesco qqq (vo) conventional thinking doesn't disrupt the status quo. which is why t-mobile for business like you uses unconventional thinking to help your business realize new possibilities. only one 5g pa

persecutors are considering fresh charges against volkswagen as they continue to investigate their usecheating software in diesel motors. a settlement was announced with four executives that will see it received $280 million euros in compensation. shell has been ordered to slash greenhouse gas emissions by half by 2030. in response to last month's court ruling, the company's ceo said he was disappointed his firm had been singled out, but that he would comply. authorities in the u.k. are investigating whether british airways and ryan air broke consumer law by failing to issue refunds during the pandemic. not all passengers were given their money back when they could not lawfully take their flights. el salvador has become the first country in the road to make it clean legal tender -- in the world. cryptocurrency is seen as a risky investment, in part because of the lack of regulation, by the central american nation has approved a framework for its use in daily life. reporter: taking the leap into the age of cryptocurrency, el salvador's government says making bitcoin legal tender could h

the 2018 volkswagen gulf is reportedly registered to lee's parents.itzer says the car was captured on multiple highway cameras on the day of shooting and the make and model of the vehicle along with public interest in the case helped police make the arrest. >> this particular gulf vw is somewhat rare here, and there is about 140 of those specific vehicles registered in the greater southern california area. so we had a finite universe but we didn't have a good plate. >> reporter: according to spitzer, the $500,000 reward could be given out if there is a conviction in the case. >> that money will be divided into any number of ways to the individuals responsible that led us to the arrest and conviction of these individuals. >> the d.a. says the suspects took steps to hide th c fod t home of the shooter's grandmother.ann an ta joe, canada was motivated by hate when he intentionally drove a truck into a muslim family walking down the street killing four. the suspect faces murder charges. police say he was wearing a body armor type vest. >>> a massive torna

investigators, the arrests stemmed from tips they received after releasing this image of a white volkswagen wanted in the shooting. authorities say they believe wynn was driving. the arrests come one day after aiden's funeral where his sister gave a powerful eulogy. >> i don't get to play mario kart with my little brother or take him to the park ever again, and that breaks my heart. because of the monsters that took aiden's life, i will never get to hug my brother again. >> police say both suspects are expected to be charged with murder. >>> young children were also among the victims of gun violence across the country this weekend. in new york city, a 10-year-old boy was killed after someone shot into a home, bullets hit the boy this the stomach. his uncle was also shot. in miami three people are dead. six wounded after a mass shooting outside a graduation party. and in chicago, 53 people were shot this weekend, five dead. >>> okay, turns to the pandemic. the push to vaccinate more americans is losing momentum, jeopardizing president biden's july 4th vaccination goal. but the cruise industr

we don't have fee of the big companies, like the dime and volkswagen. we will continue to innovate and will also innovate more vehicles because we're not a school to company. we mobility company to search for better forms of urban electron mobility means it's testing and helping to develop micro vehicles in cooperation with a range of other companies. lawrence looseness, share and tear has been put about 40000000 euros, but he's donated it all to an investment fund. he's set up called blue impact. it's designed to help startups that push forward sustainable practices around the world . the tier c e o says he's not interested in personal wealth. i don't want to be on that path because it's a never ending story doesn't fulfill. you would like laws and all the great positive vibes you want to have. so for me, freedom is the most important value in my personal and family value system. and when you can do what you want and for me, the biggest impact then as to support other people who have and have an idea. we have a mission. we have a vision to really creat

we don't have fee of the big companies, like the dime and volkswagens. we will continue to innovate and will also innovate more vehicles because not a school company. we mobility company to search for better forms of urban electron mobility means it's testing and helping to develop micro vehicles and cooperation with a range of other companies. lawrence looseness, share and tear has been put about 40000000 euros. but he's donated at all to an investment fund. he set up called blue impact. it's designed to help startups that push forward sustainable practices around the world. the tier c e o says he's not interested in personal wealth. i don't want to be on that path because it's a never ending story, doesn't fulfill. you would like love and all the great positive vibes you want to have. so for me, freedom is the most important value in my personal and family value system. and when you can do what you want, and for me, the biggest impact then is to support other people who haven't have an idea. we have a mission, we have a vision to really create somethin

and volkswagens, we will continue to innovate and we'll also innovate more vehicles because we know the school company, we mobility company to search for that. a forms of urban electron mobility means it's testing and helping to develop micro vehicles in cooperation with a range of other companies. lawrence, lotion and share and tear has been put about 40000000 euros. but he's donated it all to an investment fund. he set up called blue impact. it's designed to help startups that push forward sustainable practices around the world. the peer ceo says he's not interested in personal wealth. i don't want to be on that path because it's a never ending story, doesn't fulfill. you would like laws and all the great positive vibes you want to have. so for me, freedom is the most important value in my personal and family value system. and when you can do what you want them for me, the biggest impact then is to support other people who haven't have an idea. we have a mission, we have a vision to really create something that stops kind of change and supporting those people. that's the joy that i ge

we don't have fee of the big companies, like the dime and volkswagen. we will continue to innovate and we'll also innovate more vehicles because we know the school company, we mobility company to search for better forms of urban electron mobility means it's testing and helping to develop micro vehicles in cooperation with a range of other companies. lawrence motion, share and tear has been put about 40000000 euros, but he's donated it all to an investment fund. he set up called blue impacts. it's designed to help startups that push forward sustainable practices around the world . the peer ceo says he's not interested in personal wealth. i don't want to be on that path because it's a never ending story doesn't fulfill. you would like last and all the, the great positive vibes you want to have. so for me, freedom is the most important value in my personal and family value system. and when you can do what you want and for me, the biggest impact then is to support other people who have and have an idea. we have a mission, we have a vision to really create s

. >> as for 23 year old when he led a reese's girlfriend who was driving her white volkswagen the day the fatal shot was fired by a reas and who has been charged as an accessory. her attorney wanted her current bail of half a million dollars reduced. there's no you what? you have the u.s. shifting the but prosecutors called lee a danger saying she knew what a reset done and stayed quiet miss lee. a lot of to vehicle as a passenger with a loaded fire. >> which is what happened. >> on the day of the murder in this case. she continued to let drive a car with a little higher. and after the second happen. >> judge yellin delayed a decision on least bail until a background check can be done on her financial and mental health status. >> we'll take a break here. time now is 4.41. coming up next on the kron 4 morning news as we continue to see hot and dry weather conditions fire officials are preparing now for a 4th of july celebration in just a few weeks will have their warnings for everyone to keep in mind about fireworks. >> we're back at 4.44 fire season. now year long as we know. but the

companies from germany, i've been investing huge sums for years, multinational like siemens, mercedes volkswagen in bosh, and medium sized enterprises and agriculture, construction and machinery. after a week panoramic year, businesses are now seeing a recovery in russia. you start to speak on the will flag and siding. the statistics and surveys show that cells are fairly high. that's with all. and i don't think in the 1st quarter of 2021. that investment was around 1100000000 euros . that's a very high amounts of the world's largest country by surface area remains attractive to foreign investors. but those doing business here need to have staying power. while many companies are concerned about red tape protectionism and also exchange rates shot the course adjusted to the landscape in the past 2 decades. now it's more worried about growing competition from russian companies that goes and perhaps one of the biggest problems is consumer purchasing power. it has suffered in recent years and i notice it among my employees as well. since 2014, the rugle has been worth only about half of what it was.

i want to ask you, you're familiar with the diesel gate scandal here in germany. volkswagen. of course the lied about its emissions levels. if that were to happen in the future. another car maker, for example, would, would that constitute an active ico side? it could certainly be examined in that context. the important thing is that the criminal law aspect means that it's gay if get to individuals. so for something to qualifies each side, it must be traceable to the act or the failure to act of an individual person. and actually in a context like diesel gate that could indeed potentially be possible in future. it certainly means that key decision makers in corporations will be thinking very carefully about the decisions they make in order to stay on the right side of this law. not least because their public image and reputation and hence that business success will depend on it. i know that you've got the backing up some very prominent and powerful names. i understand the pope has endorsed this, the french president mac ron regretted tune bag, the, the activists. i mean, how m

has apologized for the incidents which it says was meant as a protest against the game sponsor, volkswagen in a tweet. the environmental n g o said that a technical issue with the power gliding craft had forced the protest her to perform an emergency landing, and that they didn't intend to disrupt the game or hurt anyone. the mind was taken into custody on the police in munich, say they're investigating the matter when i'm joined by mary on team. and from greenpeace, here in germany, home out, 1st and foremost, what was green p thinking? with regards this protest, what was the intention of having a paraglider over at the stadium? so this paraglider wanted to send a message to b, w, who's the main sponsor of the event, calling upon the company to accelerate its face out of climate wrecking petrol and view the course that was the intention. and what he wanted to do was actually flying over the stadium. and what happened was that there was a technical failure with a drive, so we could not get up and had to make the emergency landing, and therefore 2 people got injured. i just heard that they

the california highway patrol says lee was driving a white volkswagen with eriz in the passenger seat when a shot was fired from their car on the 55 freeway. the bullet piercing the trunk and striking 6-year-old aiden in the back. investigators have confirmed owe liz's ingram profile but have not said if any of the weapons seen in the post for more this a year ago were used in the freeway shooting in orange. the memorial for the boy growing as did the reward. half a million dollars for information leading to an arrest. the district attorney says a sentence of 25 years to life in prison is possible. >> it's time for the system to do what it's designed to do, and that is to hold people accountable. >> reporter: on monday aiden's mother saying her final good-byes burying her son but not her hope for justice. >> they took his life and my heart along with it. i want nothing more than to find justice. although it won't spring you back into our arms. >> reporter: miguel almaguer, nbc news. >> what heartache there. another of the nine men killed in the vta rail yard mass shooting will be laid

you were volkswagen. of course the lied about its emissions levels. if that were to happen in the future . another car maker, for example, would, would that constitute an active ego side? it could certainly be examined in that context. the important thing is that the criminal law aspect means that it's good, it's good to individuals. so for something to qualifies each side, it must be traceable to the act or the failure to act of an individual person. and actually in a context like diesel gate that could indeed potentially be possible in future. it certainly means that key decision makers in corporations will be thinking very carefully about the decisions they make in order to stay on the right side of this law. not least because their public image and reputation and hence their business success will depend on it. i know that you've got the backing up some very prominent in powerful names. i understand the pope has endorse this. the french president macaroni regretted tune bag the, the activists. i mean, how much political support do you have at to to

we are going to be watching volkswagen as well as to lantus. those could see charges from french investigators. now the new ceo has been the president of micro electromechanical systems and sensors at a company called st microelectronics. that is the stuff that deals with when you move your iphone, those are the sensors around that. an interesting ability for ferrari to come into the digital age. anna: thank you very much. simone foxman with the latest on stocks we need to watch. we should give a moment to think about u.k. macroeconomic policy, the comments we are getting from the bank of england. some of it might need international translation. he talks about the u.k. chancellor as having played a blinder during the crisis which i'm sure is a sporting reference. it is positive. it suggests rishi sunak has done well, but he is also talking about strength in the economy, going gangbusters, another term which means doing nicely. mark: the housing market is on fire which is another positive one. he is using lots of phrases. apart from this being q

porsche and volkswagen declined to comment on the reuters story.140 million pounds to upgrade its factory in northwest england. the investment is said to be the largest in more than 20 years in an existing facility outside the u.s. the plans will be to have condiment production return to the u.k. matt: laura wright in london with your business flash. coming up, china's finance ministry considers changing its shares in huarong to a new holding company as it examines ways to minimize risk posed by the asset firm. more on this. this is bloomberg. ♪ matt: welcome back to bloomberg markets. this is the european open. we are 23 minutes into the trading day. green arrows across the board in terms of equity indexes. trading in the u.k. for the first day of the week. the dax and frankfurt up 0.75%. china's finance ministry is considering a proposal to transfer its shares in china huarong and other bad debt managers to a new holding company as part of discussions on how to deal with the financial risks posed by the firm. for more on that bloomberg scoop , le

a bid was rejected from volkswagen at about 2.2 billion euros.sortium led by the german carmaker offered 40 euro cents share. earlier this year, a debt restructuring handed control of the company to creditors. sources say vw is not planning to raise its offer. world's biggest maker of bitcoin mining is suspending sales of machines for spot delivery. it says it has stopped selling new equipment after prices plunged by 75% since april. china's crackdown on crypto mining is causing more minors to abandon operations and dump machines on the market. that is the bloomberg business flash. anna: coming up, inflation will ease next year -- what does ubs think? this is bloomberg. ♪ anna: 15 minutes to the start of cash equity trading. we look at futures pointing to the upside. let's get to the siemens news, siemens raises its profit target and plans a 3 billion euros share buyback. they are raising their annual revenue growth to the range of 5.7%. this is over the cycle. this is under a new ceo, and the company is pivoting from previous exposure to more so

they've also recovered the car, a white volkswagen, which they say was registered to lee's parents. >> once it came to light that they were wanted for the murder of a little boy, they absolutely engaged in hiding that car. >> reporter: the suspect's court appearance, one day after little aiden was laid to rest in a private ceremony. aiden's mother spoke at a memorial service this weekend. >> he had a beautiful heart for others. and the most pure thoughts regarding this world and the people within it. >> reporter: as this memorial grows, a judge just upped the suspected shooter's bail to $2 million, citing the seriousness of this crime. and if he's convicted, he could face up to life in prison. david? >> all right, will carr from california again tonight. >>> next, the dangerous storms moving through the northeast just before we came on the air tonight. damaging winds and lightning. the heat fueling all of this. and of course, late today, we could see the pictures of all this. that fierce storm blowing in, blackening the new york city skyline. senior meteorologist rob marciano tracking

since apologized for the incident, which it says was meant as a protest against the game sponsor, volkswagen. in a tweet the environmental injury. you said that a technical issue with the paraglider and forced the pro gesture to perform an emergency landing and that they did not intend to disrupt the game or hurt anyone. the man was taken into custody police and munich say they are in best. the gating arts, i'm joined now by marionette team and from greenpeace, she joined me from the german city of hamburg. it's good to have you on the program . apologies aside right now, who's going to take responsibility for what happened today? is this going to fall solely on the the protester, greenpeace are both so 1st of all, i really want to apologize to the, those who were injured in the protest. so there were 2 people who were injured during the emergency landing that the activist had to make because of technical failure of the parent letter. as you said. so originally you wanted to fly over the stadium, leave a soft wall with a message to be w to kick out oil. meaning that b, w has to face allergie

police say eriz, 24, fired the fatal shot from this white volkswagen that killed leos in his boosterwhile on his way to kindergarten. 23-year-old wynne lee is facing charges as an accessory. the couple fled the scene of the shooting, sparking a two-week manhunt. >> we absolutely believe that she was the driver and that he t she was rolled down his window and extended his arm out of the car and fired a round from a gun. >> reporter: using footage from other drivers as well as surveillance cameras, police focused on this white v.w. sports wagon. authorities say there were only about 140 vehicles of this make or model among the 10.6 million cars traveling orange county roads daily. ( gunshots ) this instagram shows eriz firing off several weapons although it's not clear any of them were used in the shooting. the arrests come one day after the service for leos. >> my precious son had his life ripped away from him for absolutely no reason. >> reporter: eriz is being held on $2 million bail and could face life in prison. his girlfriend is being held on half a million dollars, and could fac