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>> oh, warren buffett's jab? liz: no.ry and billionaires on donald trump ace side too. >> there are reasons why he can be easily dismissedded. warren buffett's father was republican congressman from omaha, warren buffett is a partisan liberal democrat. has been for a long time. nothing wrong with that but it does give us a lens to look at any jab he takes at donald trump. and it means, it is really not worth much. i think that most people would not like to have their tax returns handed out publicly. now, donald trump may have special reasons for not wanting his to be handed out, most people don't want to. so, look i think he will get away with this. liz: most presidential candidates do. he is, fair to say not like most presidential candidates. new cnn poll, hillary clinton bottom a bigger bump than donald trump did post convention. she is up by nine points. but now we have some development here that a lot of us in fox found interesting. representative richard hanna, a republican congressman from new york, has announced no
>> oh, warren buffett's jab? liz: no.ry and billionaires on donald trump ace side too. >> there are reasons why he can be easily dismissedded. warren buffett's father was republican congressman from omaha, warren buffett is a partisan liberal democrat. has been for a long time. nothing wrong with that but it does give us a lens to look at any jab he takes at donald trump. and it means, it is really not worth much. i think that most people would not like to have their tax returns...
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tax among her -- >> on the backs of the middle class and upper income and leave the uber rich warren buffettsu give them in subsidies, tax write ovz. >> ied a mire bloomberg and cuban quite a bit one thing three have in common bloomberg cuban buffett manipulating to their advantage bloomberg las done well with that great -- cuban sold company at the top to a boiling over market great with that, as for buffett skill known as value investor really good at positions himself to geted a vantageous deals to bring ge goldman sachs bank of america oh, a va really good at billed track record positioning himself right way becomes the call to get investments -- >> look at what he did in that entire debate, he made money while the administration was arguing over it. >> how about that. >> if george clooney doesn't win your votes i don't know how warren buffett does. >> [laughter] >> true, the woman running against -- mitch mcmitch mcconnell in kentucky celebrities came out for her campaigning raving money and that woman loft lost. >> media apply onized warren buffett midwestern comes across as nice old ma
tax among her -- >> on the backs of the middle class and upper income and leave the uber rich warren buffettsu give them in subsidies, tax write ovz. >> ied a mire bloomberg and cuban quite a bit one thing three have in common bloomberg cuban buffett manipulating to their advantage bloomberg las done well with that great -- cuban sold company at the top to a boiling over market great with that, as for buffett skill known as value investor really good at positions himself to geted a...
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warren buffett is not that guy. may be the only american businessman who is better known than donald trump before trump started running for president and look, this whole conversation that we're having right now about trump's business performance over time and how many jobs he's created, talking about that is a defensive argument and for him to escalate against warren buffett who is a revered and popularly known figure as a business leader that would drag trump into a days-long fight he doesn't want to litigate. >> he thought the market was a bad place to be and he would take his money out of the market. it's no one's job to be a cheerleader, but it is a proxy and prominence for the united states. mark cuban, he said if trump's elected it would go 20%. for trump saying the market's going go down? >> no. he shouldn't be and this is not a role where you're supposed to be financial analyst or predictor and time and time again these statements coming from trump that cause problems for markets or for his own campaign and
warren buffett is not that guy. may be the only american businessman who is better known than donald trump before trump started running for president and look, this whole conversation that we're having right now about trump's business performance over time and how many jobs he's created, talking about that is a defensive argument and for him to escalate against warren buffett who is a revered and popularly known figure as a business leader that would drag trump into a days-long fight he doesn't...
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warren buffett often supports democrats but he does it very quietly. not now.approach was blown apart when he went after donald trump very hard. this is all part of the clinton businessmen to show that donald trump in their view is not fit to serve. but it's also an effort to get under donald trump's skin. >> hillary! hillary! hillary! >> reporter: hillary clinton arm in arm on the campaign trail with billionaire warren buffett. the 85-year-old oracle of omaha unleashing a scathing attack on donald trump. >> i've really never known another businessman that brags about his bankruptcies. tell you the truth, why not, it's his claim to stardom. i never had somebody else had six bankruptcies. there he is. >> reporter: buffett condemning trump for refusing to release his tax returns. >> he said he can't release it because he's under audit. i have news for him, i'm under audit, too. i would be delighted to meet him any place, any time between now and election. i'll bring my tax return. he could bring his tax return. nobody is going to arrest us. >> reporter: the billi
warren buffett often supports democrats but he does it very quietly. not now.approach was blown apart when he went after donald trump very hard. this is all part of the clinton businessmen to show that donald trump in their view is not fit to serve. but it's also an effort to get under donald trump's skin. >> hillary! hillary! hillary! >> reporter: hillary clinton arm in arm on the campaign trail with billionaire warren buffett. the 85-year-old oracle of omaha unleashing a scathing...
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. >>> new tonight, billionaire warren buffett challenging donald trump to release his taxes. apparently buffett says he's also under audit. no word on whether trump will take buffett up on the offer. buffett is the third billionaire this week to help hillary clinton build a case against trump. >> reporter: in front of a nebraska crowd, warren buffett is investing big in hillary clinton. >> i'm going to talk about my favorite subject, which is going to be what hillary can and will do in the eight years following january 20th. >> reporter: buffett joins a growing list of the country's ultra rich backing hillary clinton, -- >> i'm here to endorse hillary clinton. >> the dallas mavericks owner once called donald trump the best thing to happen in politics. >> leadership is not yelling and screaming and intimidating. >> reporter: clinton is winning support from some of the country's wealthiest, despite her position on taxes. >> wall street, corporations and the super rich are going to start paying their fair share of taxes. when more than 90% of the gains have gone to the top 1%, th
. >>> new tonight, billionaire warren buffett challenging donald trump to release his taxes. apparently buffett says he's also under audit. no word on whether trump will take buffett up on the offer. buffett is the third billionaire this week to help hillary clinton build a case against trump. >> reporter: in front of a nebraska crowd, warren buffett is investing big in hillary clinton. >> i'm going to talk about my favorite subject, which is going to be what hillary can...
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stuart: what's your response to what warren buffett had to say. >> well, i don't care much about warren buffett. you know, i had a public company based in atlantic city. the numbers, and if you look at atlantic city, atlantic city was run down the tubes and look at everything that's happened in atlantic city, they're all, you know, bad. i've been out of there for seven years, i had great timing, i got out and i made a lot of money in atlantic city over the years, you know, i have to look at myself, i have to look at my company and i made a lot of money, it was a relatively small public company, the only one i've ever, i believe, and it was just a company waist-- based out of atlantic city. i did well in atlantic city, i took a lot of money out of atlantic city, which is what i'm supposed to do, i'm a business person. made a lot of money and i did well during the good times there in atlantic city, but then, times started going very bad in atlantic city. ceasar's is bankrupt, you look at all the bankruptcies in atlantic city and look at the homes and numbers. they built the wrong conventi
stuart: what's your response to what warren buffett had to say. >> well, i don't care much about warren buffett. you know, i had a public company based in atlantic city. the numbers, and if you look at atlantic city, atlantic city was run down the tubes and look at everything that's happened in atlantic city, they're all, you know, bad. i've been out of there for seven years, i had great timing, i got out and i made a lot of money in atlantic city over the years, you know, i have to look...
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what somebody like warren buffett or mark cuban is aimed at.en buffett is much more establishment. imagine maybe older republicans in the 1960's or 1970's -- in 70's, more from a libertarian perspective, rather than social liberalism, and are not comfortable with trump. making affett is also local argument as well, even though he is a national figure. ands revered in omaha nebraska has a weird particularity. they are one of two states that apportion their votes by congressional district. the district around omaha is considered a swing district, represented by a democrat. president obama was able to win the district in 2008, but not 2012. hillary clinton can compete there with hillary clinton. i last yeart. donald trump is already saying that he worries the general election will be rigged in november, capitalizing on fears that voter fraud is rampant. is there any evidence that you know of that voter fraud is a huge problem right now? butaret: of course not, this is donald trump again building an argument that not only appeals to his core suppor
what somebody like warren buffett or mark cuban is aimed at.en buffett is much more establishment. imagine maybe older republicans in the 1960's or 1970's -- in 70's, more from a libertarian perspective, rather than social liberalism, and are not comfortable with trump. making affett is also local argument as well, even though he is a national figure. ands revered in omaha nebraska has a weird particularity. they are one of two states that apportion their votes by congressional district. the...
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speaking alongside hillary clinton, warren buffett called on donald trump to release his tax returnsfore slamming his business credentials. >> donald trump claims the u.s. economy is broken and he is the man to fix it. policies included top tax rate of 25% and the abolishment of inheritance tax. and the deportation of millions of undocumented immigrants. the real estate developer says his record proves he is fit to be commander-in-chief, but a billionaires have put his business acumen in doubt. former new york mayor michael bloomberg and dallas mavericks -- markrk you him cuban. warren buffett challenge donald trump to release his tax returns . >> if a monkey had thrown a dart at the stock page, the monkey on average would have made 150%. but the people that believed in him, that listened to his siren song, came away losing well over $.90 on the dollar. they got back less than a dime. and you know the history of his enterprises as far as borrowing money. one time after another, he went into bankruptcy. i really never known another businessman who filed so many bankruptcies. they met
speaking alongside hillary clinton, warren buffett called on donald trump to release his tax returnsfore slamming his business credentials. >> donald trump claims the u.s. economy is broken and he is the man to fix it. policies included top tax rate of 25% and the abolishment of inheritance tax. and the deportation of millions of undocumented immigrants. the real estate developer says his record proves he is fit to be commander-in-chief, but a billionaires have put his business acumen in...
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and be humbled by them. >> billionaire investor warren buffett is throwing his two cents into the controversy. before introducing hillary clinton at a campaign rally in omaha, nebraska, yesterday, buffett invoked joseph welch's question during the 1954 mccarthy hearings when discussing trump's claims of sacrifice. >> we've both done extremely well during this period, and our families haven't sacrificed anything, and donald trump and i haven't sacrificed anything. but how in the world can you stand up to a couple of parents who've lost a son, and talk about sacrificing because you were building a bunch of buildings? i ask donald trump, have you no sense of decency, sir? >> buffett also criticized trump for his refusal to release his tax returns because, as trump claims, they're being audited. >> now i've got news for him, i'm under audit, too. and i would be delighted to meet him any place, any time, between now and election, i'll bring my tax returns, he can bring his tax return, nobody's going to arrest us, it is not -- there are no rules against showing your tax returns, and just let people
and be humbled by them. >> billionaire investor warren buffett is throwing his two cents into the controversy. before introducing hillary clinton at a campaign rally in omaha, nebraska, yesterday, buffett invoked joseph welch's question during the 1954 mccarthy hearings when discussing trump's claims of sacrifice. >> we've both done extremely well during this period, and our families haven't sacrificed anything, and donald trump and i haven't sacrificed anything. but how in the...
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i wouldn't rock the boat if i were you. >>> quick before we get to warren buffett.apan stimulus of course -- >> disappointing. you didn't say disappointing. that is another cliche you have to say. these guys are doing everything they can but disappointing. >> it's been 30 years of disappointment at -- >> -- immigration. children are a necessity. immigration helps. if you shrink your country and it doesn't grow. it is like russia finally got back to where they were before the -- look at the gdp. you need ed kids. it is a demographic issue. they can't create kids with money. you have to have what's known as household growth. >> which means what? there is no way for them to get out of it no matter how much they stim lasmt and buying a lot of etfs. >> it's working. they have getting the market up but you have to have people participate. i think all of this is a artifice and people are droekt say what the heck is japan doing. but you need income growth and household formation. and japan doesn't have it. we talk about the central bank as if they can create kids. >> some w
i wouldn't rock the boat if i were you. >>> quick before we get to warren buffett.apan stimulus of course -- >> disappointing. you didn't say disappointing. that is another cliche you have to say. these guys are doing everything they can but disappointing. >> it's been 30 years of disappointment at -- >> -- immigration. children are a necessity. immigration helps. if you shrink your country and it doesn't grow. it is like russia finally got back to where they were...
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what was appealing to warren buffett about this company?uest: it is clear that precision has been highly, highly successful and a lot of that has been due to mark donegan, the ceo. he led the company before berkshire bought it and the stock rose 20 fold. he did a bunch of acquisitions. this is a company that produces an enormous amount of cash and it's got a lot of qualities warren buffett has said he likes and businesses and since he's bought this company, he's done a lot of positive things. i should mention these folks i spoke with also had some positive things to say. they said outside of reviews, he could be kind. he was a ceo and when he showed up when you having trouble at a factory, he could the a really effective coach. shery: it is quite understandable given headline numbers out of the company that he does have a sort of cult status among investors. but why do their employees, if they have a harsh working environment, why would they put up with it? guest: that's a great question. the common thing i heard from these folks is that th
what was appealing to warren buffett about this company?uest: it is clear that precision has been highly, highly successful and a lot of that has been due to mark donegan, the ceo. he led the company before berkshire bought it and the stock rose 20 fold. he did a bunch of acquisitions. this is a company that produces an enormous amount of cash and it's got a lot of qualities warren buffett has said he likes and businesses and since he's bought this company, he's done a lot of positive things. i...
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the warren buffett attack, i don't know if everyone sayyid but listen to warm buffett attacking donald trump and donald trump's response. >> if a monkey threw a dart at the start page the monkey on average would have made 150%. the people that believe in him that listen to his siren song came away losing well over $.90 on the dollar. >> i had a public company based in atlantic city. if you look at atlantic city, atlantic city was run down, look at everything that happened in atlantic city, i have been out of there for seven years, had a great time and got out. i made a lot of money in atlantic city over the years. i have to look at my company. charles: on the one hand he is echoing a statement, i made money but your stock went down 90%. anyone who held stock did not make money but the tone of the conversation this morning with stuart varney, there was no vitriol, he answer the questions and tried to focus. are the democrats guilty of bringing up the vitriolic aspects to this election cycle that they blame donald trump in the republicans for? >> i don't think so. charles: talking about
the warren buffett attack, i don't know if everyone sayyid but listen to warm buffett attacking donald trump and donald trump's response. >> if a monkey threw a dart at the start page the monkey on average would have made 150%. the people that believe in him that listen to his siren song came away losing well over $.90 on the dollar. >> i had a public company based in atlantic city. if you look at atlantic city, atlantic city was run down, look at everything that happened in...
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here in omaha tonight, warren buffett was so strong and vociferous. 85-year-old warren buffett making clear he is on hillary clinton's side. not only that, don, they are trying to discredit donald trump as a businessman. but warren buffett tonight went directly after donald trump's taxes and why he's not releasing them. >> you, you will learn a whole lot more about donald trump if he produces his income tax return. and so that's why i'd like to make him an offer. an offer i hope he can't refuse. donald trump -- donald trump at one point, he says various things at different times, but at one point, and he said it several times, is he can't do it -- can't release it because he's under audit. now, i've got news for him. i'm under audit, too. and i would be delighted to meet him any place, any time between now and election. i'll bring my tax return. he could bring his tax return. nobody's going to arrest us. it is not -- there are no rules against showing your tax returns. and just let people ask us questions about the items that are on there. >> reporter: so don, this democratic race is
here in omaha tonight, warren buffett was so strong and vociferous. 85-year-old warren buffett making clear he is on hillary clinton's side. not only that, don, they are trying to discredit donald trump as a businessman. but warren buffett tonight went directly after donald trump's taxes and why he's not releasing them. >> you, you will learn a whole lot more about donald trump if he produces his income tax return. and so that's why i'd like to make him an offer. an offer i hope he can't...
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warren buffett rips into donald trump over his refusal to release tax returns. fallen soldier's family and much more. david: welcome to the second hour of "bloomberg ." we are live from bloomberg's headquarters in new york city. a lot of action and european banks today. jonathan: you can look at the swiss and german index which are the biggest losers. is scrapping a full-year target and they are putting the blame on negative rates. alix: and italian banks are still in the spotlight. unicredit says it's considering an $8.8 billion capital raise. they were looking at $5 billion yesterday. they are trying to get their house in order. but at the expense of investors. david: it puts a lot of pressure on central banks. they are thinking about further accommodate of easing. commerzbank is piling that specifically into earnings. we will discuss the correlation between the high-yield market and oil prices. we will talk with the head of credit strategy at bnp paribas and hear about the huge bond sale from microsoft. let's take a look at these risk off markets. jonatha
warren buffett rips into donald trump over his refusal to release tax returns. fallen soldier's family and much more. david: welcome to the second hour of "bloomberg ." we are live from bloomberg's headquarters in new york city. a lot of action and european banks today. jonathan: you can look at the swiss and german index which are the biggest losers. is scrapping a full-year target and they are putting the blame on negative rates. alix: and italian banks are still in the spotlight....
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our john harwood is in washington with the latest. >> what makes warren buffett as a surrogate for hillarylinton against donald trump is buffett is much richer, and more successful in business. he used that authority in omaha yesterday to undercut trump in trump's unusual argument over sacrifice with the parents of a fallen iraq war soldier. >> no member of the buffett family has gone to iraq or afghanistan. no member of the trump family has gone to iraq or afghanistan. we have both done extremely well during this period, and our families haven't sacrificed anything, and donald trump and i haven't sacrificed anything. but how in the world can you stand up to a couple of parents who have lost a son and talk about sacrificing because you were building a bunch of buildings? >> buffett also challenged donald trump to release and compare that i tax returns. donald trump says he can't do that, because his returns are under audit. buffett says he's under audit, too. >> i would be delighted to meet him any place anytime between now and lee electric. i'll bring my tax return, he can bring his tack
our john harwood is in washington with the latest. >> what makes warren buffett as a surrogate for hillarylinton against donald trump is buffett is much richer, and more successful in business. he used that authority in omaha yesterday to undercut trump in trump's unusual argument over sacrifice with the parents of a fallen iraq war soldier. >> no member of the buffett family has gone to iraq or afghanistan. no member of the trump family has gone to iraq or afghanistan. we have both...
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which is, you know, par for the course, this time it was warren buffett, and warren buffett essentially laid down the gauntlet, here's what i want from you, donald trump. let me play that for you as well as mr. trump's response this morning. >> sure. >> i'm under audit too. and i would be delighted to meet him any place, any time, between now and election, i will bring my tax return, he can bring his tax return, nobody's going to arrest us, there are no rules against showing your tax returns. and just let people ask his questions about the items that are on there. >> warren buffett has been a fan of -- he's a zm, he's been a hillary fan for a lodge time. and i think that's fine. >> but what donald trump has said all along is that because he is under audit, he won't release them. the campaign, nor he does not dispute that there's nothing illegal. he could release them if he wanted to, is that correct? >> he is an individual, it's up to him to release his returns -- >> why not do it just to put that to rest? >> it's not up to warren buffett, he's had to pay back millions of dollars, he's
which is, you know, par for the course, this time it was warren buffett, and warren buffett essentially laid down the gauntlet, here's what i want from you, donald trump. let me play that for you as well as mr. trump's response this morning. >> sure. >> i'm under audit too. and i would be delighted to meet him any place, any time, between now and election, i will bring my tax return, he can bring his tax return, nobody's going to arrest us, there are no rules against showing your...
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warren buffett is onstage introducing hillary clinton. s listen in. >> no member of the buffett family has gone to iraq or afghanistan. no member of the trump family has gone to iraq or afghanistan. we have both done extremely well during this period and our families haven't sacrificed anything, and donald trump and i haven't sacrificed anything, but how in the world can you stand up to a couple of parents who have lost a son and talk about sacrificing because you were building a bunch of buildings? when i heard that, my mind went back and this goes back before most of you were born but they went back to the mccarthy hearings. at the time of the mccarthy hearings, at the time of the mccarthy hearings with the army, joe welch had a young assistant of his
warren buffett is onstage introducing hillary clinton. s listen in. >> no member of the buffett family has gone to iraq or afghanistan. no member of the trump family has gone to iraq or afghanistan. we have both done extremely well during this period and our families haven't sacrificed anything, and donald trump and i haven't sacrificed anything, but how in the world can you stand up to a couple of parents who have lost a son and talk about sacrificing because you were building a bunch of...
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. >>> warren buffett tells donald trump a monkey would have performed better in the market than he has. this as he slams the presidential candidate in a kpa campaign event for hillary clinton. >> good morning and welcome back to "street signs." let's give you a view of how u.s. markets are set to open in what has been a bit of a down day so far for european union equities. we are looking at softness in the key markets intel. s&p lower by 6 points. and the nasdaq called lower by 13. again the dow joan was weak spot overnight closing lower for 6th negative session. this was largely due to the energy stocks. we did see wti slipping below $40 a barrel level and that continues to be the trend this morning. ftse 100 is off. the seth have a dax lower x. the french cac 40. and the might be in the range of 1.6 to 1.9. i want to bring you uk data coming out now on the july figures. so farp we're getting that in july the construction pmi fell to 45.9 of that compares to the june reading of 46. that is the lowest reading since june 2009. i had seen some analysts were predicting a fall as low as 44
. >>> warren buffett tells donald trump a monkey would have performed better in the market than he has. this as he slams the presidential candidate in a kpa campaign event for hillary clinton. >> good morning and welcome back to "street signs." let's give you a view of how u.s. markets are set to open in what has been a bit of a down day so far for european union equities. we are looking at softness in the key markets intel. s&p lower by 6 points. and the nasdaq...
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still ahead, warren buffett tells donald trump have you no sense of decency? more of this battle of the billionaires next. ♪ mark: live from london and new york, i am mark barton. sherry: you are watching bloomberg markets. to u.s. politics and the battle of the billionaires. while campaigning with motor clinton in nebraska, warren buffett blasted donald trump for refusing to release his tax returns. >> he has given his financial statement to the election me, asion, but believe has filled out a income tax return, i can tell you they are different animals. you will learn a whole lot more about donald trump if he produces his income tax return. if he produces his income tax returns. how many of you will be afraid to have your tax return made public? you are only afraid if you have got something to be afraid about. afraid because of what -- the irs. he is afraid because of you. >> he also challenged trump to meet anyplace anytime with a copy of his tax returns. for more, but ring in bloomberg's political reporter in washington. to you again. how much has trump pa
still ahead, warren buffett tells donald trump have you no sense of decency? more of this battle of the billionaires next. ♪ mark: live from london and new york, i am mark barton. sherry: you are watching bloomberg markets. to u.s. politics and the battle of the billionaires. while campaigning with motor clinton in nebraska, warren buffett blasted donald trump for refusing to release his tax returns. >> he has given his financial statement to the election me, asion, but believe has...
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we are moments away from warren buffett introducing hillary clinton and a campaign event.arts. he is going to weigh in on this. and is there any truth that they cannot predict they presidential election. then you'll know how uncomfortable it can be. but did you know that the lack of saliva can also lead to tooth decay and bad breath? well, there is biotene, specially formulated with moisturizers and lubricants... biotene can provide soothing relief and it helps keep your mouth healthy too. biotene, for people who suffer from a dry mouth. the ny pd just called. the message was directed at a specific police captain. reports that police officers were shot in both illinois and ohio and this of course raises the issue of what is going on for our police officers on the front lines. where does this come from our they emboldening criminals or is just just reprehensible human being who has seized a the moment to get some attention. >> i don't want to blame the president altogether and the president stuck his nose in it this is scary about the captain in new york city. several years
we are moments away from warren buffett introducing hillary clinton and a campaign event.arts. he is going to weigh in on this. and is there any truth that they cannot predict they presidential election. then you'll know how uncomfortable it can be. but did you know that the lack of saliva can also lead to tooth decay and bad breath? well, there is biotene, specially formulated with moisturizers and lubricants... biotene can provide soothing relief and it helps keep your mouth healthy too....
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think about warren buffett and his position at ibm. one thing of the past few years, that's easy monetary policy, buybacks that doesn't generate a lot of economic prosperity or productivity, all thanks to the federal reserve. hillary clinton will maintain and make even more entrenched. >> look, julie, one of the biggest struggles we've had with this economy is essentially the fed has been the only game in town for the last eight years. and we haven't had a washington that has been able to help support the fed in its endeavor of making the u.s. economy stronger. to danielle's point, that's okay with billionaires, because they have money to invest. they'll do just fine as long as the stock market is doing just fine. if you were advising her, would you say back off the billionaire crowd? >> there's two reasons she's put billionaires on stage. reason one, warren buffett wanting to pull policies in that help the middle class and not take advantage of the policies he can. secondly, the real reason is nothing gets under donald trump's skin mo
think about warren buffett and his position at ibm. one thing of the past few years, that's easy monetary policy, buybacks that doesn't generate a lot of economic prosperity or productivity, all thanks to the federal reserve. hillary clinton will maintain and make even more entrenched. >> look, julie, one of the biggest struggles we've had with this economy is essentially the fed has been the only game in town for the last eight years. and we haven't had a washington that has been able to...
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hillary does warren buffett twos dan for her campaign. >> unlike what mr.ays, america is great. [applause] lea: we will have the latest in the campaign trail. so with that except tesla's takeover offer. investors giving them unmask a thumbs down on this deal. we'll take a look. you are watching "fbn:am," your first look at morning markets and breaking news. ♪ train to breaking news this morning. some of trump tries to move past the controversy and focus on the economy while new polls show hillary clinton gets a postconvention bounce. good morning. i am the nicole petallides. lea: at im lea gabrielle and for lauren simonetti. pushing donald trump to release his tax returns. nicole: in the market, down over 20% from its recent high. that drags energy stocks lower. the dow down 22 points. dow futures down. s&p dirty down almost five and the nasdaq futures down seven. oil prices wingnut vaccination as well. down 1.5%. the focus is trading at oil is hovering around the $40 a barrel mark actually broke down below that yesterday reentering the bear market territor
hillary does warren buffett twos dan for her campaign. >> unlike what mr.ays, america is great. [applause] lea: we will have the latest in the campaign trail. so with that except tesla's takeover offer. investors giving them unmask a thumbs down on this deal. we'll take a look. you are watching "fbn:am," your first look at morning markets and breaking news. ♪ train to breaking news this morning. some of trump tries to move past the controversy and focus on the economy while...
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warren buffett standing up with her.llenged trump to release taxes. >> this is a battle of the billionaires. >> who has the hearts and minds of the regular guy? listen to what warren buffett said about taxes. >> one point and he said it several times. he can't release it because he is under audit. i have news for him. i'm under audit, too and i would be delighted to meet him any place, anytime between now and election. i'll bring my tax return. he can bring his tax return. nobody's going to arrest us. there are no rules against showing your tax returns. let people ask questions about the items on there. you're only afraid if you have something to be afraid about. >> folksy billionaire. he's talked about how ceos pay too little in taxes. trump would cut taxes for the very rich. what are the optics? >> mark cuban's endorsement over the weekend and now this. on stage at the convention, mike bloomberg questioned donald trump's sanity. if you want to drive someone crazy, bring out billionaire after billionaire to criticize th
warren buffett standing up with her.llenged trump to release taxes. >> this is a battle of the billionaires. >> who has the hearts and minds of the regular guy? listen to what warren buffett said about taxes. >> one point and he said it several times. he can't release it because he is under audit. i have news for him. i'm under audit, too and i would be delighted to meet him any place, anytime between now and election. i'll bring my tax return. he can bring his tax return....
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politics, is it bloomberg, mark cuban, warren buffett, donald trump. tell us what you think.re going to bring results later in the show. you won't see these folks at the post office. they have businesses to run. they have passions to pursue. how do they avoid trips to the post office? stamps.com mail letters, ship packages, all the services of the post office right on your computer. get a 4 week trial, plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to the post office again. >>> turning now to today's political news, warren buffett joining hillary clinton on the campaign trail. introduced the democratic nominee and used his speech to take aim at donald trump and his business record. specifically highlighting the failure to release his tax returns. >> i would be delighted to meet him anyplace, any time between now and election, i'll bring my tax return. he can bring his tax return. nobody is going to arrest us. it's not -- there are no rules against showing your tax returns. and just let people ask us questions about if items that ar
politics, is it bloomberg, mark cuban, warren buffett, donald trump. tell us what you think.re going to bring results later in the show. you won't see these folks at the post office. they have businesses to run. they have passions to pursue. how do they avoid trips to the post office? stamps.com mail letters, ship packages, all the services of the post office right on your computer. get a 4 week trial, plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go...
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warren buffett, challenging donald trump to a tax return -off.will meet him anywhere, and if trump shows his tax returns, buffett will show his. ourloomberg.com, check out articles. coming up, cory johnson speaks to an uber board member on "bloomberg west." until tomorrow, for me and mark, sayonara. ♪ >> you are watching bloomberg west. let's begin with a check of the news. obama addresses a convention of veterans. he addresses donald trump, who is facing bipartisan condemnation. otheresident saluted families. >> it is a true reminder of the strength of america. we have to do everything we can ies.the family' and be humbled by them. the focusmp said should be on "radical islamic terrorism." hillary clinton and warren buffett are sharing the stage this hour. anew poll shows clinton with 9-point lead over trump. the u.s. has launched airstrikes against isis in libya.
warren buffett, challenging donald trump to a tax return -off.will meet him anywhere, and if trump shows his tax returns, buffett will show his. ourloomberg.com, check out articles. coming up, cory johnson speaks to an uber board member on "bloomberg west." until tomorrow, for me and mark, sayonara. ♪ >> you are watching bloomberg west. let's begin with a check of the news. obama addresses a convention of veterans. he addresses donald trump, who is facing bipartisan...
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clinton campaigned yesterday in omaha, nebraska with warren buffett. ried to push trump into releasing his tax returns. >> there's a reason that clinton headed to nebraska so soon after her convention. it's not because of the state's five electoral votes. buffett, one of several o warren billionaires she's counting onto blunt trump's business bona fides. >> i'd like to make him an offer, an offer i hope he can't refuse. >> buffett told an audience his tax returns are being audited gist li just like trumps. >> i'll bring my tax return. he can bring his tax return. nobody's going to arrest us. there's no rules against showing your tax returns. >> buffett is the world's third richest person, worth at least $360 billion. >> one time after another he went into bankruptcy. i've really never known another businessman that brags about his bankruptcies. >> mark cuban was helping clinton make that case. >> companies and jobs, they won't be created by terrifying people. no, donald trump. they'll be created by inspiring people, like hillary clinton does. >> the goa
clinton campaigned yesterday in omaha, nebraska with warren buffett. ried to push trump into releasing his tax returns. >> there's a reason that clinton headed to nebraska so soon after her convention. it's not because of the state's five electoral votes. buffett, one of several o warren billionaires she's counting onto blunt trump's business bona fides. >> i'd like to make him an offer, an offer i hope he can't refuse. >> buffett told an audience his tax returns are being...
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with she will campaign warren buffett.ekend, she was joined in pennsylvania with mark cuban. global news 24 hours a day, powered by our 2400 journalists in more than 150 news bureaus around the world. this is bloomberg. tom: it will be interesting to see how august proceeds and who mrs. clinton or mr. trump will this iswith endorsements. the biggest deal here is the separation of wall street from both candidates. it is one of the common features. francine: from a global audience perspective, it feels like warren buffett is the bit different. he is not a wall street billionaire. he seems one touch with the common person in terms of how he lives and also how he invests. tom: it resonates with the walmart audience which is one of the audiences that mrs. clinton needs to go after two capture undecided voters and to republicans as well. i want to make clear, mr. buffett has stayed out of the political mill you -- wil milleu. let's go to the data now. we were up earlier on futures with oil. we will talk about west texas intermed
with she will campaign warren buffett.ekend, she was joined in pennsylvania with mark cuban. global news 24 hours a day, powered by our 2400 journalists in more than 150 news bureaus around the world. this is bloomberg. tom: it will be interesting to see how august proceeds and who mrs. clinton or mr. trump will this iswith endorsements. the biggest deal here is the separation of wall street from both candidates. it is one of the common features. francine: from a global audience perspective, it...
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here,ing that interesting warren buffett announced share buyback programs. then. they didn't want to get real but they wanted to exit the large holdings they have held onto for decades. however bounced right at the 1.2 line in december. it looks like that level seems to have some residents -- residents. scarlet: they have specifically talked about that 1.2 level. i was told the reason berkshire announced its earnings friday afternoon because the company is so complicated. it has businesses, railways, machine parts, but analysts need some time to really study it. joe: i always thought it was because warren buffett disdain the quarterly earnings incomes. that was my assumption but i guess it was wrong. matt: just a caring move. we will give you the weekend. if you have the weekend to think about your bristol-myers holdings, it will not be a pleasant weekend for you. i have a chart that shows bristol-myers in white and work shares in blue -- merck shares in blue. there is no significance to the fact they meet in the middle, it's just interesting. scarlet: earli
here,ing that interesting warren buffett announced share buyback programs. then. they didn't want to get real but they wanted to exit the large holdings they have held onto for decades. however bounced right at the 1.2 line in december. it looks like that level seems to have some residents -- residents. scarlet: they have specifically talked about that 1.2 level. i was told the reason berkshire announced its earnings friday afternoon because the company is so complicated. it has businesses,...
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and toing get under his skin by parading warren buffett and others to say, you know, he's not in our league. and warren buffett says that on election day in omaha, he's going to try to turn that congressional district for hillary clinton trying to bring out the back, he's going to drive around omaha is going to pick up voters and get them to the polls because of course omaha, nebraska, has that quirk where they can pick up a vote by winning that congressional district. but you're teed it up perfectly for colonel draft. here we are again the way bill clinton was in 1992, we're talk about what happened in the '60s, they were about the same age, and here is donald trump with tim rustert explaining that. >> did you serve smt military? >> i did not. >> what reason? >> i got very lucky. we had lotly numbers, and i guess this was my biggest factor of luck in my life because during the vietnam war, i had a very, very high -- my date, which was june 14, was a very high date in the lottery. so i never got drafted. i was very lucky. >> there been a number of explanations, luck, over the years,
and toing get under his skin by parading warren buffett and others to say, you know, he's not in our league. and warren buffett says that on election day in omaha, he's going to try to turn that congressional district for hillary clinton trying to bring out the back, he's going to drive around omaha is going to pick up voters and get them to the polls because of course omaha, nebraska, has that quirk where they can pick up a vote by winning that congressional district. but you're teed it up...
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and i think that, you know, warren buffett agrees with than he thinks the tax system's unfair, should be paying a lower tax rate than his secretary, and he said so on many occasions. we need to, we need to get through and break down that rigged system that benefits only the people at the top. and i think that although warren buffett has been very successful, he agrees with that point that we need more fairness in our society. >> john podesta, looking forward to seeing you again and i hope soon on another bus trip. >> thank you. >>> and coming up, demanding an apology, families of fallen service members accusing donald trump of cheapening the sacrifice made by those we lost. the head joins me next right here on "andrea mitchell reports" only on msnbc. (vo) my name's nick and i make dog chow in denver, colorado. one of my fondest memories of khloe is the day we got her. i knew right there she was gonna be a great dog. khloe's a big influence on the family. she loved lincoln from the start. she's his little protector. i trust dog chow to keep khloe healthy because i see the high quality
and i think that, you know, warren buffett agrees with than he thinks the tax system's unfair, should be paying a lower tax rate than his secretary, and he said so on many occasions. we need to, we need to get through and break down that rigged system that benefits only the people at the top. and i think that although warren buffett has been very successful, he agrees with that point that we need more fairness in our society. >> john podesta, looking forward to seeing you again and i hope...
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. >>> should donald trump take warren buffett up on his challenge to release his tax returns? he was saying yes, let's show up and show what we got in there. they're both under audit, the pulse is live. take a look. 95% of you think yes, 5% say no. check it out, pulse.msnbc.com. and it was earlier where president obama bluntly asked gop leadership why they were still endorsing donald trump despite strongly repudiating many of his prior campaign statements and actions. up next, the implications that it could have when looking at the down-ballot races. and with an estimated $6 billion projected to be spent on this election cycle alone, this is shaping up to be the most expensive in u.s. history. >> how much money have you give on the candidates? >> in the millions anyway. >> given and raised? probably 100 snld. >> you want to know the truth? i don't remember. >> it's eye opening. unprecedented access as filmmaker alexandra pelosi goes behind the scenes to meet the donors. she's here to discuss that new documentary "meet the donors, does money talk" coming up. time. gilman: go ge
. >>> should donald trump take warren buffett up on his challenge to release his tax returns? he was saying yes, let's show up and show what we got in there. they're both under audit, the pulse is live. take a look. 95% of you think yes, 5% say no. check it out, pulse.msnbc.com. and it was earlier where president obama bluntly asked gop leadership why they were still endorsing donald trump despite strongly repudiating many of his prior campaign statements and actions. up next, the...
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and that's why i need your help. >> reporter: a few hours ago warren buffett called on donald trump to release his tax returns. he said he would release his if trump would do the same but trump's campaign manager has said donald trump will not release his tax returns before the election. >> all right david, thank you. >>> police are investigating a deadly double shooting at an apartment complex in ambler. 54-year-old janice trunk who authorities say lived at the forest garden apartments. the second victim has been identified as 44-year-old kevin milton smith. trunk and smith lived together and we spoke with trunk's sister. >> i can't even cry, i'm in shock. she was my last relative. that was it. i don't have anybody now. somebody took it from me. she didn't deserve this. it's not right. >> a spokeswoman for the district attorney's office says they are ruling out the possibility of a murder-suicide. >> and two former temple university police officers are facing murder charges now with the deadly beating of a woman in germantown. she is are the suspects. aaron wright and marquis robinson
and that's why i need your help. >> reporter: a few hours ago warren buffett called on donald trump to release his tax returns. he said he would release his if trump would do the same but trump's campaign manager has said donald trump will not release his tax returns before the election. >> all right david, thank you. >>> police are investigating a deadly double shooting at an apartment complex in ambler. 54-year-old janice trunk who authorities say lived at the forest...
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warren buffett, challenging donald trump to a tax return-off. his tax returns, buffett will show his. on bloomberg.com, check out our articles. coming up, cory johnson speaks to an uber board member on "bloomberg west." until tomorrow, for me and mark, sayonara. ♪ >> it is typhoon tuesday. business."ending we will be taking you to singapore and tokyo this hour. asia-pacific markets brought down by the oil slump. crude hovers
warren buffett, challenging donald trump to a tax return-off. his tax returns, buffett will show his. on bloomberg.com, check out our articles. coming up, cory johnson speaks to an uber board member on "bloomberg west." until tomorrow, for me and mark, sayonara. ♪ >> it is typhoon tuesday. business."ending we will be taking you to singapore and tokyo this hour. asia-pacific markets brought down by the oil slump. crude hovers
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and that's why i need your help. >> reporter: a few hours ago warren buffett called on donald trump to release his tax returns. he said he would release his if trump would do the same but trump's campaign manager has said donald trump will not release his tax returns before the election. >> all right david, thank you. >>> police are investigating a deadly double shooting at an apartment complex in ambler. 54-year-old janice trunk who authorities say lived at the forest garden apartments. the second victim has been identified as 44-year-old kevin milton smith. trunk and smith lived together and we spoke with trunk's sister. >> i can't even cry, i'm in shock. she was my last relative. that was it. i don't have anybody now. somebody took it from me. she didn't deserve this. it's not right. >> a spokeswoman for the district attorney's office says they are ruling out the possibility of a murder-suicide. >> and two former temple university police officers are facing murder charges now with the deadly beating of a woman in germantown. she is are the suspects. aaron wright and marquis robinson
and that's why i need your help. >> reporter: a few hours ago warren buffett called on donald trump to release his tax returns. he said he would release his if trump would do the same but trump's campaign manager has said donald trump will not release his tax returns before the election. >> all right david, thank you. >>> police are investigating a deadly double shooting at an apartment complex in ambler. 54-year-old janice trunk who authorities say lived at the forest...
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she's got warren buffett, mark cuban and michael bloomberg.hey're trying to get under trump's skin. is it working? >> i don't think so. most voters when they go to the polls they're not thinkig about who the billionaire class supports. i think hillary clinton cozying up to billionaires plays into the notion that she has done quid pro quo corruption. i think it plays into this notion of hillary clinton being cozy with people that most americans do not resonate with. >> you could argue that mr. trump is also cozying up to billionaires. he's got billionaire friends too. >> right. here is, i think, the issue. ron mentioned it earlier, which is there are an awful lot of successful businessmen who are offended by donald trump's style of doing business, offended that at every turn he declares a bankruptcy. >> the businessmen are not hillary. these businessmen appreciate donald trump's acumen when it comes to business. >> they do. but here's the point. there are successful business leaders like warren buffett, michael bloomberg, saying there is anothe
she's got warren buffett, mark cuban and michael bloomberg.hey're trying to get under trump's skin. is it working? >> i don't think so. most voters when they go to the polls they're not thinkig about who the billionaire class supports. i think hillary clinton cozying up to billionaires plays into the notion that she has done quid pro quo corruption. i think it plays into this notion of hillary clinton being cozy with people that most americans do not resonate with. >> you could...
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billionaire warren buffett had strong words for trump. >> no member of the buffett family has gone toer of the trump family has gone to iran or afghanistan. we've both done extremely well during this period. and our families haven't sacrificed anything. and donald trump and i haven't sacrificed anything but how in the world can you stand up to a couple of parents who have lost a son and talk about sacrificing building a bunch of buildings. i ask donald trump, you have no sense of decency? >> buffett quoted those famous words from former chief army council joe welsh. he posed those questions to senator joe mccarthy after he attacked in congressional hearings about communism in the 1950s. you see a number of people using that phrase again. >> from joe welsh. >>> a mother spoke with another gold star member, colleen cross her youngest child jason killed in duty. >> donald trump, i'm sure you've seen the comments what did you make of how he described mrs. klan and her standing there? >> it deeply saddened me. i felt like my son died for the ideal that this country holds. and especially a
billionaire warren buffett had strong words for trump. >> no member of the buffett family has gone toer of the trump family has gone to iran or afghanistan. we've both done extremely well during this period. and our families haven't sacrificed anything. and donald trump and i haven't sacrificed anything but how in the world can you stand up to a couple of parents who have lost a son and talk about sacrificing building a bunch of buildings. i ask donald trump, you have no sense of decency?...
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>> warren buffett with hillary clinton sitting there behind him. tom yllamas live from pennsylvania. tonight, one key veterans group >> reporter: that's right, david. tonight, the veterans of foreign warps, the vfw, coming out very strong against donald trump, saying attacking a gold star mother is out of bounds. the vfw also saying they will not tolerate anyone per rating a gold star family member for exercising his or her right of freedom of speech and expression. david? >> tom llamas live from a donald trump rally in pennsylvania. tom, thank you. >>> donald trump is also facing questions tonight about his relationship with have a relationship with the russian president. but when asked now? here's abc's david wright. >> reporter: tonight, donald trump insists he won't be pushed around by vladimir putin. >> people say, oh, trump's going to be weak with putin because putin is saying nice things about me. okay, all right. >> reporter: just two years ago, trump claimed he had a relationship with putin. >> do you have a relationship with vladimir puti
>> warren buffett with hillary clinton sitting there behind him. tom yllamas live from pennsylvania. tonight, one key veterans group >> reporter: that's right, david. tonight, the veterans of foreign warps, the vfw, coming out very strong against donald trump, saying attacking a gold star mother is out of bounds. the vfw also saying they will not tolerate anyone per rating a gold star family member for exercising his or her right of freedom of speech and expression. david? >>...
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while warren buffett takes another bite out of apple. >>> sterling suffering longest run of losses since february falling to a three-year low against the euro. inflation data in just 30 minutes time. >> welcome once again to "street signs." i'm chieted about today's show. we'll be talking russia. uk inflation data. let's start with a look at the european market this is morning. it's a bit soggy. the xetra dax off .80%. the ftse 100 down .30%. let me give you a look at individual sectors as well. on the downside you have the likes of the autos, the banks, the oil and gas sector now setting there almost unchanged. we did see oil touch lower earlier on in the session obviously after the 2.8% gains we saw yesterday that helped lift the session. we just tilted now back into positive territory. we'll watch that sector. the big one is the basic resources. i'm going to update you on what we've seen in that sector so far this morning. 2.3% rise in first half profits boosted bid intensifying cost cutting measures. the chill yan. being hit by record $6.4 billion annualloss. wider than experting. bl
while warren buffett takes another bite out of apple. >>> sterling suffering longest run of losses since february falling to a three-year low against the euro. inflation data in just 30 minutes time. >> welcome once again to "street signs." i'm chieted about today's show. we'll be talking russia. uk inflation data. let's start with a look at the european market this is morning. it's a bit soggy. the xetra dax off .80%. the ftse 100 down .30%. let me give you a look at...
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>> warren buffett that is never been a tech advocate in the first place.feels a little late to the boat. i think apple is a great stock still, probably more of a value stock these days. we haven't seen going forward what to expect. what are the big, big pushes they're going to make. that i think is weighing on the stock. >> i guess i wonder, to that point, you know, is apple now a core holding among institutional investors because it's just sort of less a quint essentially tech stock? it's a huge financial behemoth, and a platform, and something that could be held for a very long time. not about the cycle and the next product. >> i think it's very much a tech stock, but the question is, is it an iphone stock first and foremost? they have lots of potential in rolling out services, but has this turned into the sort of stock where the lack of growth, perhaps even a gradual decline in a core product ends up affecting the stock more than success, as we've seen with cisco, intel and so many others that have struggled? >> i think that's a good point. i think the
>> warren buffett that is never been a tech advocate in the first place.feels a little late to the boat. i think apple is a great stock still, probably more of a value stock these days. we haven't seen going forward what to expect. what are the big, big pushes they're going to make. that i think is weighing on the stock. >> i guess i wonder, to that point, you know, is apple now a core holding among institutional investors because it's just sort of less a quint essentially tech...
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warren buffett made the comment while campaigning for hillary clinton who, by the way, is still haunted by her email scandal. cbs2's now from both campaigns. >> reporter: donald trump hit the campaign trail tonight in pennsylvania as a feud continued between the candidate and the family of a muslim american soldier killed in iraq. >> we want to maintain my family's dignity, my son's dignity and sacrifice. >> reporter: khan criticized trump at the democratic national convention, and trump fired back against his wife this past weekend. >> she had nothing to say, maybe she was not allowed. >> reporter: today, tim kaine and others blasted trump along >> my family, or my culture never stopped me from saying what i wanted to say. >> reporter: tonight, trump called dr. khan a hero and said what he wanted to say. >> when you and i have what we have discussed in the past, these are great people, great families, frankly. >> reporter: hillary clinton campaigned with warren buffett in nebraska and is enjoying a convention bounce, taking a seven p trying to shake a controversy of her home over email
warren buffett made the comment while campaigning for hillary clinton who, by the way, is still haunted by her email scandal. cbs2's now from both campaigns. >> reporter: donald trump hit the campaign trail tonight in pennsylvania as a feud continued between the candidate and the family of a muslim american soldier killed in iraq. >> we want to maintain my family's dignity, my son's dignity and sacrifice. >> reporter: khan criticized trump at the democratic national...
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>> well, christine, she is expected to appear with warren buffett who has en dorps ed her and talk aboutandling the economyb and makes the case that he and other business leaderers like mark cuban and michael bloomberg and others support her, and she is expected to contrast the economic plans with donald trump's plan, and in citing a new plan by economist mark s mark zandi suggesting that she is one to create more jobs if she is elected. >> and 10 million jobs is the mark zandi's analysis. and now, talk about tim kaine and he spoke in richmond earlier, and what was senator cain -- senator kaine's message? >> well, there is no much bess over khizr khan, and the father who was at the democratic national convention, and this is what he said. >> there is no way to speak disrespectfully about a military and gold star mom and dad or people with disabilities or offensive things about women or trashing poorer latinos or immigrants in general, and we are either going to be building a community that is a more perfect union and a community of respect, and we are going to decide to do what has been
>> well, christine, she is expected to appear with warren buffett who has en dorps ed her and talk aboutandling the economyb and makes the case that he and other business leaderers like mark cuban and michael bloomberg and others support her, and she is expected to contrast the economic plans with donald trump's plan, and in citing a new plan by economist mark s mark zandi suggesting that she is one to create more jobs if she is elected. >> and 10 million jobs is the mark zandi's...
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Aug 2, 2016
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warren buffett blasted the nominee. >> he challenged him to an exchange of tax returns. >> i'll bring mine, he can bring his, buffett says he is under an audit, too. trump wants to cat taxes to the super reach. >> hillary clinton increased her lead over donald trump by eight points. if you add in other parties, that leadstrings to just four points. >> thank you, all of the theaters in hayward are trying to figure out how this prius smashed through a house. it happened just before 6:00 this morning. police are investigating what led up to that crash. >> the alleged kidnapping of a nurse there was a hoax. >> it may no be the leaning tower of piza, but what we know about the sinking of millennium tower. at at&t, we believe in access. the opportunity for everyone to explore a digital world. connecting with the things that matter most. and because nothing keeps us more connected than the internet, we've created access from at&t. california households with at least one resident who receives snap or ssi benefits may qualify for home internet at a discounted rate of $10 a month. no commitment
warren buffett blasted the nominee. >> he challenged him to an exchange of tax returns. >> i'll bring mine, he can bring his, buffett says he is under an audit, too. trump wants to cat taxes to the super reach. >> hillary clinton increased her lead over donald trump by eight points. if you add in other parties, that leadstrings to just four points. >> thank you, all of the theaters in hayward are trying to figure out how this prius smashed through a house. it happened...
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Aug 7, 2016
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profits at warren buffett's berkshire hathaway up to $25 billion.mbers, so give us a break down on what is the bottom line. >> a lot of the new manufacturing, you take this manufacturing and services unit, those climbed 14%. let's take a look at the overall numbers. , 5 billionned income of just over 4 billion a year ago. income from manufacturing really big. operating earnings were a bit of a miss. they had $2803 last year. 2911 lastar versus year. they are mainly an insurance company in terms of their portfolio. betty: this does raise the question whether warren buffett will buy back shares of berkshire. but this is a mixed quarter. su: there he much, because of the -- very much because as mentioned, the geico unit helps boost the prophet. but we saw the railroad and industry units, chemical had a bit of a bad quarter. and insurance is self-explanatory. they had that big wildfire in canada and other issues. in terms of the underwriting, insurance business is rebounded from a year ago, so they had gains of $227 million. betty: that is it from me he
profits at warren buffett's berkshire hathaway up to $25 billion.mbers, so give us a break down on what is the bottom line. >> a lot of the new manufacturing, you take this manufacturing and services unit, those climbed 14%. let's take a look at the overall numbers. , 5 billionned income of just over 4 billion a year ago. income from manufacturing really big. operating earnings were a bit of a miss. they had $2803 last year. 2911 lastar versus year. they are mainly an insurance company in...
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Aug 1, 2016
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this is where she's going to be introduced by warren buffett.is after dallas mavericks owner mark cuban made a clear he'supportg her in this race. >> i can tell you as an entrepreneur and investor with absolute certainty that companies and jobs they won't be created by terrifying people. they will be created by inspiring people like hillary clinton does. tim kaine making a return to virginia where they are holding a rally for the center. kristen welker has been covering the clinton campaign from the very beginning and the work keeps going. she joins me from washington, d.c. so the campaign is targeting trump's base over the past couple days. now e we see hillary clinton going out to omaha. we know mitt romney carried nebraska back in 2012. coming up, how do they think they can try to ingratiate themselves with the message they have now? >> part of the message is going to be an economic message. secretary clinton is going to argue that her jobs proposal is better than donald trump's. today we're learn iing she's gog to point to a report that argu
this is where she's going to be introduced by warren buffett.is after dallas mavericks owner mark cuban made a clear he'supportg her in this race. >> i can tell you as an entrepreneur and investor with absolute certainty that companies and jobs they won't be created by terrifying people. they will be created by inspiring people like hillary clinton does. tim kaine making a return to virginia where they are holding a rally for the center. kristen welker has been covering the clinton...
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Aug 1, 2016
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she will be introduced at a rally in omaha, nebraska by warren buffett.t outside of baltimore, is facing a massive rebuilding effort after weekend flooding. in syria, all five people on board of russian transport helicopter were killed when it was shot down during a humanitarian mission. it was the deadliest incident involving military personnel in the syrian civil war. so far there has been no one claiming responsibility for the attacks. a majority of americans want college to be free, but they don't want to pay more in taxes. that comes from a poll done by krate.great -- ban hillary clinton has proposed free college for students whose parents make under a certain amount. global news 24 hours a day, powered by our 2400 journalists in more than 150 news bureaus around the world. i am mark crumpton. this is bloomberg. back to you. scarlet: thank you so much. we have some breaking news on crude oil. it is falling below $40 per barrel for the first time since april. there is the chart on angie's computer. last month it had its biggest monthly decline in the
she will be introduced at a rally in omaha, nebraska by warren buffett.t outside of baltimore, is facing a massive rebuilding effort after weekend flooding. in syria, all five people on board of russian transport helicopter were killed when it was shot down during a humanitarian mission. it was the deadliest incident involving military personnel in the syrian civil war. so far there has been no one claiming responsibility for the attacks. a majority of americans want college to be free, but...
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Aug 2, 2016
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but he's clearly not going to take warren buffett's challenge to a tax dual, if you will.'s just -- it's not clear to me that this is something that's really going to resonate in this election cycle. >> one other topic that is making headlines, resonating today, karen. donald trump was asked, what if his daughter evonca were the victim of sexual harassment in the workplace. what would she do? her response was, well, she might get another job. she's a tough woman, she wouldn't be subjected to that. his son weighed in on that this morning. let's take a listen. >> frankly, ivanka is a strong, you know, powerful woman. she wouldn't allow herself to be, you know, objected to it. and by the way, you should certainly take it up with human resources and i think she definitely would as a strong person. at the same time, i don't think she would allow herself to be subjected to that. and i think that's a point he was making. and i think he did so well. >> so, karen, eric trump. did he make the situation any better? >> sexual harassment is more about power than it is about sex. and th
but he's clearly not going to take warren buffett's challenge to a tax dual, if you will.'s just -- it's not clear to me that this is something that's really going to resonate in this election cycle. >> one other topic that is making headlines, resonating today, karen. donald trump was asked, what if his daughter evonca were the victim of sexual harassment in the workplace. what would she do? her response was, well, she might get another job. she's a tough woman, she wouldn't be subjected...