president abused his power on the white house company relations of a whistle blower whistle blower by their very act of coming forward has shown more dedication to country work and understanding of the president's oaths of office. than the president himself. democrats work to build on impeachment case against donald trump as he tells supporters said soul just a big hoax also on the program afghanistan gets ready for presidential elections on saturday despite a surgeon taliban violence d w joins a teacher in kabul facing the daily threat of suicide bombings. for the 2 drugs fridays for future movement stages another day of marches or asked world's bucks a week off from the biggest mass protests in history. to send clubs to different policy change. welcome to the program. u.s. president donald trump has lashed out at the democrats' impeachment inquiry describing it as a disgrace and seeking to end it the whistleblower complaint against him has now been released and it an unnamed intelligence officer alleges that mr trump ukraine's president to investigate joe biden was the trump leading

president abused his power on the white house company yet relations of a whistleblower that whistleblower by their very act of coming forward has shown more dedication to country more of an understanding of the president's oaths of office. than the president himself. democrats were up to bill.

collaboration of that so-called maximum pressure campaign committee how close is that from the white house thanks company let's go back to that breaking news we brought you at the top of the program the fact that the who sees have announced basically a unilateral cease fire as the newborn's launch any more drones a weapons against saudi arabian territory but they want to reciprocate all correspondent mohammed joins us live from the yemeni capital sanaa mohamed how much of a surprise is this who the statement. more than one occasion the whole visas have called for unilateral cease fires the saudi arabia of not responding and not committing to the declare cease fires. but hopefully many expect that be the latest initiative declared by the head of the. transitional council which is the running the government affairs that this ceasefire would hold its place. we have declared that they will stop their drone attacks on saudi arabia's territories especially following be our own the oil refinery of all book wake and the whole race which has led to catastrophic. consequences for the saudi arabia. the whole he's a

the huge chinese, pure public enemy number one in the trump white house. the companyeported a very strong quarter at the end of july, at the end of the day, this stock has become a proxy for the trade negotiations with china. you got to watch this thing, when you watch twitter and that's why it's been roaring over the past couple of weeks. and every time we have positive chatter about the talks, ttm technologies and others like it catch fire the good news, the stock is quite cheap, trading eight times next year's earnings, estimates, not sales, but estimates thank evens, the bad news, it often means they don't have faith in the earnings estimates, ttm technologies is not for me regular viewers know i'm skeptical about the trade talks. it's hard to get a deal. if i were feeling more bullish about them, there are plenty of potential ways to play in the trade war. what i am saying is pass finally on august 20th, tom in florida wanted to know about med pace holdings, i said i need to do some homework med pace is a contract research organization or cro, okay. basically whe

companies are always what they are purported to be. t what could this effort look like? made a prem that might be the basis for any white house action it's called the equitable act. you can see the sponsor here rthe k poi under this rubio. proposal are the u.s regulators would have access to riew audits for chinese companies and be able to delist firms that don't comply with american standards and also to ban new listings if the audit reports have been withhold. one of the sponsor marco rubio t had thissay about the bill. >> the fundamental question on this and on various topics with regard to crdna is how come this case those companies ms in publicly trudied -- why don't they have to meet the same standas as american companies have to meet o other companies have to meet. >> officials her not abl to really put any kind of scenarios on this. where this is going to end up. but theyo say the measuressre under discussion here at the white house. for "nightly business report" eamon javs in washington. >>> despite today'sdecline, stocks have been fairly resilit in seember. so what's next? john trainor i chief investment officers at

investments in chinese companies and financial markets last week bloomberg reported the white house discussed exchanges. u.s. treasury department saying there are no current plans to stop chinese company from listing in the u.s. sebastian kurt is on track to return as chancellor. the 30 read -- the 33-year-old people party is the conservative of our mental group could agree on a coalition, sending a signal across europe that it may not be easy for him to form a government. in israel, benjamin netanyahu will make a last-ditch effort to form a government. elections this month produced a stalemate, between netanyahu and his rival party ended without a deal. global news 24 hours a day, on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in more i am vivianatries, hurtado. this is bloomberg. francine? tom? francine: violence returns to the streets in hong kong as demonstrators clash with police for a 17th week of unrest. the demonstrators set a subway station entrance a blaze and through -- and threw petrol bombs. joining us from hong kong is karen leigh, bloomberg'

pentagon is compiling a list of companies that may have ties to the chinese military parentally a stepped up effort from the white houseo stop chinese companies getting information. maybe an olive branch out and olive branch back. what's that story? >> reporter: i could imagine the chinese would be raising their eyebrows and not very happy about it one of the things the leadership here doesn't like to be accused of is doing anything nefarious when it comes to the u.s. military or anything else. it is also very difficult to detect who would be associated with the military and who would not. there are a lot of people in china that have some sort of link sometimes they really don't. the bigger concern is whether or not this leads to a decoupling of the economies that's been a big question mark and seen as very difficult because the u.s. and china so integrated when it comes to the two economies. >> important story on both topics >>> outside of trade, you are being counted down this morning to the european central bank's decision that comes at 7:45 eastern time this morning. mario draghi is expected to cut rates and possib

standards as american companies have to meet or other companies have to meet >> reporter: so, kelly, the buzz word you hear here at the white house in this is investor protection the idea is protecting u.s. investors from investing in companies that they might not have a full understanding of sort of what's under the hood, kelly. >> it's fascinating because on the one hand that's a totally different issue on a totally different track from a trade dispute with china protecting investors because there's no chinese oversight on these companies. if you lose money here in the u.s., there's virtually no resource that's something that's been an issue for a long time. are we to look at it together or separate from the trade talks, which kayla reported last night. we're looking at that october meeting and things are advancing along. in the lens of the trade talks, this would be a very aggressive stock, wouldn't it >> this is an additional pressure point and the white house is looking for pressure points to force the chinese to come to the table and agree to a deal this is a massive one. whether they do it or not, all that is still tbd. wh

company that's contracted by buzzfeed to then go verify the dossier. and the person who takes his place, it's alinled, signed him back in the white house while he was workinghe private company trying to verify the dossier. this is like a spy story for idiots. judge jeanine: signs him back into the white house when he's working somewhere else and he's there to verify the dossier? >> yes. not just that he's working somewhere else. he's working for a company there to verify the dossier while he was detailed inside the white house before. i mean the comey saga never ends. like this can't possibly -- he couldn't have been this dumb. but i really thought he didn't think trump would win and after that he panicked. judge jeanine: but the hate. you can talk about aoc, she's a politician and she can't stand the president. i get all of that. she's a little whatever herself. but this guy, jim comey, he was the head of the fbi. he was the united states attorney. i knew him. he w was bright as hell. he's not a stupid guy. for him to turn this corrupt, do all of this in an effort to make sure that his ideology was the ideology that was going to survive, that a president

white house. the world's oldest travel companies fighting to stay in business lenders are threatening to pull out of a $1000000000.00 rescue deal with thomas cook the british company needs to find another $250000000.00 to avoid collapse that threatens to leave tens of thousands stranded on holiday and could mean the loss of around 20000 jobs. horrors in the hardships of the world refugee crisis are on full display at a museum in washington the artists include a death syrian boy who tries to describe the bombing of his town using gesture in museums chief executive has been speaking to our jazeera about how art is being used to highlight the global issue. my name is dorothy kosinski i am the great and berg director and c.e.o. of the phillips collection and it's really a un of the art world i would say you have artists from all around the world each of in his or her own way. addressing the age old. i think that now it's almost biblical theme of human migration issues of displacement from a large sort of to scale model of queen mary 2 made out of detritus the remnants of the migrants boats washed ash

terrific american company micron technology at the white house micron produces memory chips used in countless electronics to advance the chinese government's 5 year economic plan. a company owned by the chinese state allegedly stalled micron's designs valued at up to $8700000000.00. soon the chinese company obtains patents for nearly an identical product and micron was banned from selling its own goods in china. but we are seeking justice the united states lost $60000.00 factories after china and the w.t. . this is happening. to other countries all over the globe. the world trade organization needs drastic change. the 2nd largest economy in the world should not be permitted to declare itself a developing country in order to game the system. at others' expense. for years these abuses were tolerated. ignored. or even encouraged. globalism exerted a religious pull over past leaders causing them to ignore their own national interests. but as far as america is concerned those days are over. to confront these unfair practices i placed massive us on more than $500000000000.00 worth of chinese made g

as just one example i recently met the ceo of a terrific american company, micron technology at the white house. micron produces memory chips used in countless electronics . to advance the chinese governments five-year economic plan, a company owned by the chinese state allegedly stole micron's designs, valued at $8.7 billion. soon the chinese company obtains its for nearly an identical product. and micron was banned from selling its own goods in china. but we are seeking justice. the united states lost 60,000 factories after china. after china entered the wto. this is happening to other countries all overthe globe . the wto needs drastic change. the second largest economy in the world should not be permitted to declare itself a developing country in order to game the system at others expense. for years, these abuses were tolerated. ignored or even encouraged. globalism exerted a religious pole over past leaders, causing them to ignore their own national interest. but as far as america is concerned, those days are over . to confront these unfair practices, i placed massive tariffs on more than

terrific american company micron technology at the white house micron produces memory chips used in countless electronics to advance the chinese government's 5 year economic plan a company owned by the chinese state allegedly stalled micron's designs valued at up to $8700000000.00 soon the chinese company obtains patents for nearly an identical product and micron was banned from selling its own goods in china but we are seeking justice the united states lost $60000.00 factories after china entered the w t o this is happening to other countries all over the low the world trade organization needs drastic change. the 2nd largest economy in the world should not be permitted to declare itself a developing country in order to game the system at others' expense. for years these abuses were tolerated ignored or even encouraged globalism exerted a religious pull over past leaders causing them to ignore their own national interests but as far as america's concerned those days are over to confront these unfair practices i placed massive us on more than $500000000000.00 worth of chinese made goods alread

terrific american company micron technology at the white house micron produces memory chips used in countless electronics. to advance the chinese government's 5 year economic plan a company owned by the chinese state allegedly stalled micron's designs valued at up to $8700000000.00. soon the chinese company obtains patents for nearly an identical product and michael was banned from selling its own goods in china but we are seeking justice in the united states lost $60000.00 factories after china and the w.t. . this is happening. to other countries all over the. the world trade organization needs drastic change. the 2nd largest economy in the world should not be permitted to declare itself a developing country in order to game the system. at others' expense. for years these abuses were tolerated. ignored. or even encouraged. lobel ism exerted a religious pull over past leaders causing them to ignore their own national interests. but as far as america's concerned those days are over. to confront these unfair practices i placed massive tariffs on more than $500000000000.00 worth of chinese made

to the ukraine to an investigation in to joe biden's son and for his work for an oil company there. the white house is apparently ready to release the transcript of that call. senator pelosi wants to know if a crime has been committed and wants to see that transcript. the president says everything was above board. >> he'll have to choose whether to break the law or honor his responsibility to the constitution. >> looking it's just a continuation of the witch hunt, the worst witch hunt in political history. we have the strongest economy we've had, the best unemployment nuhad. >> kris sanchez is following the latest on this with what our local leaders are saying. >> good morning, laura. those impeachments have been floated from almost the moment president trump took with swift reaction in the bay area. governor gavin newsom said there's no doubt for him that the president will be impeached, however, what's not clear is whether or not president trump will be removed from office. oakland mayor libby schaaf, a frequent target of president trump, says that moving forward with impeachment proceedings is a

the administration is report that the white house discussed delisting chinese companies from u.s. u.s. treasury department says there are no current plans to stop chinese companies from listing in the u.s. over to the state of maryland, where tomorrow, a law that raises the legal smoking age goes into effect. the new law raises the age to berkus -- to purchase cigarettes, cigars, and vaping products to 21. the law does not apply to active military personnel. more problems for boeing. the company's $2.8 billion upgrade of the air force surveillance plane was delayed by an almost year-long closure of two classified laboratories developing software for the project. the air force says boeing worked to regain certifications for the labs. global news 24 hours a day, on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i'm viviana hurtado. this is bloomberg. guy: thank you very much indeed. the conservative party conference is underway in manchester. u.k. prime minister boris johnson is launching his campaign to win the next gene

the financial times leads with the story about the white house considering a plan to stop chinese companies on us exchanges, in a move that would take its trade war with china to wall street. those of the front pages. we are going to start off with thomas cook. and the headline there, a pledge to millions paid to buses on the front the eye. as the government looking at how we can get back money from the bosses who made the awful decisions that led to thomas cook going bust. it is the executives who made bad decision after bad decision and led to the company collapsing but took away millions and millions of pounds. the chief executive got {8.3 million since 2014. and so the government is having to pay back a lot of money for people whose holiday plans were ruined and looking at whether they can get some of that money from the executive pay packets instead. they really did pull so much cash out of the company but they knew it was failing as well. i think i read around for every £5 they earned £1 was spent to pay down their debt. massively in debt for years and they still kept putting out thes

next week at the united nations general assembly can really help get al-jazeera the white house now the tech company google is donating a $1000000000.00 to create more affordable housing in san francisco highly paid tech workers have helped to create a housing shortage by making rents on affordable for many other americans and it's a similar situation and ireland's capital the company says it's willing to help ease the crisis in dublin where rents are higher than ever current reports right at the site has been marked down here. by very old fellow patients which is ideal for the modern worker these people are protesting outside the office of private equity company or to use their phrase a vulture fund these financial organizations buy property and evicted tenants who then say they're threatened with homelessness cutting the ribbon to celebrate sleeping in a tent is better a metaphor as you can possibly imagine. gentrification of mass addictions where people are being forced out because not all middle income earners would be forced out of the city because the kind of 4 to live in the city because of l

and the white house says they want to stop this. some important notes here. companies can sell tobacco-flavored e-cigarettes. some have found that the tobacco-flavored e-cigarettes helped them quit regular cigarettes. after the ban is in effect, companies such as juul, can apply to the fda to start selling the flavored e-cigarettes again. some are concerned about this. anti-smoking advocates say they hope the trump administration makes it clear that the answer to the applications will with no. dave? christine? >> elizabeth, thanks. >>> on tap tonight, debate number three for the democrats. this time around, it's a one-night event. here are the ten candidates who qualified. for many of them, it could be the final opportunity to break through. and we'll see joe biden and elizabeth warren, side-by-side on the same stage. more, now, from jeff zeleny in houston. >> reporter: the third democratic presidential debate is tonight in houston. there were two debate nights in atlanta. also in detroit, two nights. here in houston, ten democrats qualified for this debate. it will me

there. >>> fake news says white house trade adviser peter navorro speaking earlier on squawk box dismissing reports the white house is considering delisting chinese companieshs dramatically increased the waiting in the msci index which effectively forces investors to increase their investments there, so these are the issues i think that the white house and capitol hill are looking at. and that's all i'm going to say about what happened internally other than to say that story was fake news. >> joining us now, kirk hardman, global chief investment of wells fargo and the senior fellow and former head of imf's china division good morning to you both if we could start with you put this in context. obviously the administration walking halfway back on this idea they are considering these investment limits or delisting actions. what does that mean do you think for the way these negotiations might proceed? >> the context is important here about two weeks ago there seemed to be some progress on both sides in terms of finding a way to move forward in the negotiations and then about 10 days ago trump made a very harsh statement about the u.s. not needing a deal and ch

and stocks took a free fall that the white house is putting a limit on investments in china and chinese companies getting delisted here in the u.s.a. the white house says this has nothing to do with trade. investors are selling first, assessing things later. jonas, what do you think? >> a very interesting kind of surprise development. hurts chinese stocks the most but hurt all stocks. investors really don't want the government telling where they can and can't invest in a trade war. we want all things on the table. not something that investors want to hear. it's hard to implement. in theory, i guess you go to the ftc. there's money in these adrs, which is what they are, the larger ones like alibaba. you to sell it or trade abroad? you can invest in foreign markets. have very little control over that. ironically, chinese -- they don't want foreign money in their stocks. they restricted that to some level from foreign investment. in some way, it pushes their currency down to not have flows anyway. they like their currency cheap and trying to lower it know to their way that they battle the trade war.

the white house has at least considered moving to keep chinese companies from listing. >> and semis also under pressure with that micron headline. >> let's see what the afternoon session brings and get to the half. >> i'm scott wapner. the ipo implosion, what it says about the state of the markets and your money. it is 12 noon. this is the halftime report. >> peloton plunges. endeavor pulls and almost half the stocks that have gone public this year are below their offer price. is the ipo bubble bursting amazon shares taking a big hit this week. why you may want to buy now. it's our call of the day. wells fargo shares soaring. the bank getting a new ceo. the traders take their positions on the financials. the investment committee is ready to go. "halftime report" starts right now. >>> good to have you with us on this friday. our investment committee today. the cio of santo global advisers and lindsay bell is back. let's begin with the markets with stocks rebounding today basically flat for the week. our focus today on what has been happening on the ipo market. peloton down again. endeavor

the white house party line is to combine a couple conspiracy theories that started on 4 chan, about this companyke, released by the white house with ukraine. the idea is that crowd strike forged documents, basically, that implicated russia in hacking the dnc. now, why would they do this? they're a $3 billion company that also works with the trump campaign. they were about to ipo at the time. why would they do this? there's no real answer for this. the going theory on the internet is that the ceo of the company is ukrainian. he is not. now, they are combining this with the hunter biden scandal. they believe that the fired prosecutor you keep hearing about was fired because he would have found out that crowd strike were the people who framed the dnc, or sorry, framed russia for hacking the dnc when really the dnc hacked itself as part of what's known as the insurance policy. does this sound completely bonkers? it is. that's what the problem is here. >> so -- >> and that is the much larger issue. this does not make sense. it's a big conspiracy soup, and it just doesn't make sense when you put it al

/china trade dispute, following the reports that the white house is considering limiting u.s. investment into chinese companies. trade delegations from the u.s. and china are set to meet in washington on october 10 thousandth. >>> on today's watch list reports on f mactmhor industries. >>> retailer forever 21 filed for bankruptcy protection and plans to close as many as 350 of its 800 stores around the world. tough competition and aggressivn the california-based company. forever 21 plans to exit most of its international locations, specifically in asia and europe, but the retailer will continue operations in mexico and latin america and does not expect to exit any major markets in the u.s. forever 21 joins a growing list of retailers that filed for bankruptcy this year, including luxury department store chain barney's. >>> oprahd the united negro college fund. she made the announcement at charlotte's 127 thousandth annual luncheon saturday. it doubled the fund-raising goal. the organization had hoped to raise $500,000 for students in the charlotte area to attend historically black colleges and universities. ma

bloomberg reported the white house discussed the listing chinese companies from u.s. exchanges.y department says there are currently no plans to stop chinese companies from listing in the u.s. raisesland, a law that the legal smoking age goes into effect. the new law raises the age from 18 to 21. the change does not apply to active military personnel. law willrs say the cover all electronic smoking devices and accessories. more problems for boeing. the company's $2.8 million of the air forces surveillance plane is being hampered by delays. the reason? twoar long closure of classified laboratories developing software for the project. the airport says boeing worked to address the deficiencies and gain certification for the lab. global news 24 hours a day, on air and @tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. i am ritika gupta. this is bloomberg. vonnie: thanks. time for our stock of the hour. today we learned there is not going to be one anytime soon. is withdrawing the prospectus for its ipo to focus on its core business. we are

companies and financial markets. last week, bloomberg reported the white house discussed delisting chinese companies from u.s.. the u.s. treasury department saying they are no current plans to stop companies from listing in the u.s. more problems for boeing the company's upgrade as the air force waxes a surveillance crane is being delayed or on almost year-long closure of two classified laboratories developing software for the project. boeing worked to address the efficiency and regain certification for a lab. spacex will use starship to take humans to mars. musk says the goal is to make space travel like air travel. i'm viviana hurtado. that is your bloomberg business flash. global news 24 hours a day, on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. thanks so much -- one had 20 countries. alix: thanks so much. that such a cool shot. the credit suisse board meets today to determine who gets the blame for backing the coo. investments like wework and uber prove troublesome. december sees major ceo turn. more ceos leave their seats. joining us is bl

white house to stop u.s. investors being able to invest in chinese companies in one way shape or form or another. but they're very early on in those conversations is my understanding. and there is no time line at this point for any fundamental decision all of in framed in the guise of investor protection. the idea is there is a concern that there are some chinese companies that may be listed in the u.s. that aren't exactly what they're purported to be bus of the accounting scattered showers and other differences between the way the two countries handle corporate disclosures. so that is being discussed behind the scenes. it's not clear there are a lot of options not clear where they land or when the decision is coming one model for it might be the piece of legislation that senator marco rubio and others are considering on capitol hill. they have talked about that in the past the idea there would be they would delist companies unless they conformed more stringently to american securities regulations, the chinese companies would. so that's one proposal but rubio's office cnbc this afternoon they hav

i recently met the ceo of a terrific american company, micron technology, at the white house. micron produces memory chips used in countless electronics. to advance the chinese government's five-year economic plan, a company owned by the chinese state, allegedly allegedly stole micron's designs. soon, the chinese company obtains patents or nearly idea product. and micron was banned from selling its own goods in china. but we are seeking justice. the united states lost 60,000 factories after china entered the wto. this is happening to other countries all over the globe. the world trade organization needs drastic change. the second-largest economy in the world should not be permitted to declare itself a developing country to game the system at others' expense. for years, these abuses were tolerated, ignored, or even encouraged. globalism exerted a religious pull over past leaders, causing them to ignore their own national interests. but as far as america is concerned, those days are over. to confront these unfair practices, i placed massive tariffs on more than $500 million worth

company. >>> the white house insists there has been no wrong doing pointing to their voluntary release of the phonecall memorandum saying they have nothing to hide. president trump tweeting the congressman should be the one in trouble going so far as to suggest treason. >> it is going to be impossible for to pull this thing on the president when biden actually did what he is claiming the president did. >> the administration also blasting the whistle blower's complaint for relying on secondhand information. in addition to wanting to talk to the whistle blower, president trump says he would like to meet with, quote, the person who illegally gave this information which was largely incorrect. congressman says they'll hear directly from the whistle blower as soon as they can finalize logistics such as protecting his or her identity. in washington, lauren blanchard, ktvu fox 2 news. >>> a high profile murder trial continues today on the peninsula. hillsboro real estate heiress tiffany lee. lee and her boyfriend killed 27- year-old keith green after luring him to her home three years ago. prosecutor

example, i recently met the ceo of a terrific american company, micron technology, at the white house. chips produces memory used in countless electronics. to advance the chinese government's five-year economic plan, a company owned by the chinese state allegedly stole micron's designs, valued at up to $8.7 billion. soon the chinese company obtains patents for nearly an identical product, and micron was banned from selling its own goods in china. but we are seeking justice. the united states lost 60,000 entereds after china the wto. this is happening to other countries all over the globe. change.needs drastic the second largest economy in the world should not be permitted to declare itself a developing country in order to game the system at others' expense. for years, these abuses were tolerated, ignored, or even encouraged. globalism exerted a religious leaders,pass causing them to ignore their own national interests come about as far as america is concerned, those days are over -- interests, but as far as america is concerned, those days are over. i placed massive tariffs on over $5

companies from listing on american exchanges. this denial comes after we reported on friday that the white house was exploring limits on u.s. ments in chinese companies. meanwhile, beijing has vowed to continue opening up its markets. to encourage foreign investment. high-level trade talks are set to restart the week of october 7. european governments need to spend more to counsel -- counter the global economic slowdown. that is what mario draghi told the financial times. he is urging members of the single currency to commit. the ft quotes him as saying we need a common euro zone budget. in hong kong, smoke and violence again this weekend. police used water cannons and rubber bullets as protesters set the entrance of a train station on fire. the city is bracing for more protests. tomorrow marks the 70th anniversary of the people's republic of china. netanyahu isnjamin making a last-ditch effort to form a government. that is after elections this month produced a parliamentary stalemate. recent talks with his rival party to form a unity government ended without a deal. netanyahu may return his mandate to the president. if he c

the financial times leads with the story about the white house considering a plan to stop chinese companies a move that would take its trade war with china to wall street. those are the front pages. let us start our chat. we start on the front page of the i. it is coming down to money for thomas cook. yes, ministers want to claw back a lot of the money that thomas cook executives took before the company collapsed. it was in trouble for years, it was constantly using a huge amount of its cash to pay down debts, that equally, at the same time, bosses were getting millions, even though the company was massively underperforming. now the government have had to foot the bill to bring back the holidaymakers who we re to bring back the holidaymakers who were stranded. but also workers who we re were stranded. but also workers who were stranded. but also workers who were stranded. the government are looking into what they can do to try to get that money back. some of it was shares, which is now worthless, but a lot of it was cash bonuses. taxpayers massively out of pocket here, hundreds of millions

to the ukraine to an investigation in to joe biden's son and for his work for an oil company there. the white housetranscript of that call. senator pelosi wants to know if a crime has been committed and wants to see that transcript. the president says everything was above board. >> he'll have to choose whether to break the law or honor his responsibility to the constitution. >> look, it's just a continuation of the witch hunt, the worst witch hunt in political history. we have the strongest economy we've had, the best unemployment numbers we've ever had. >> here is how the process works. after looking at the transcript, the house committee decides whether to recommend impeachment, then the full house votes on whether to move forward. finally, the senate will hold a trial with the chief justice john roberts presiding. each side makes their case, then a two-thirds senate vote is required to remove the president from office, if that should happen. >>> a follow-up for you this morning, contra costa county leaders have approved the first step in a new tax that may soon hit the cash register. our bob red

the 2 presidents joe biden who may be challenging donald trump for the white house in 2020 his son was involved with ukrainian company that was an investigation into wrongdoing with the company it's been said that joe biden wanted to stop an investigation into the company so that is what the main aspect of the conversation is about a lot of talk about european countries not helping ukraine as well as by donald trump so we'll get more of this reaction throughout the hours in deede ahead just to see them the very main points of. ok let's move on just for france has a new target in the bottle against sexism children's toys ministers are making moves to mix things up so that money factor is retailers don't automatically push doles for girls and cars for boys a new agreement signed between the french government and tory makers hopes to attract more girls toward science and it also suggests that money advertisers should remove certain color schemes unbelievably they say the aim is to broaden children's among generations so that they're not influenced by stereotypes are as they grow up where looking to work in the creation

and this follows the report today that the white house is thinking about de-listing chinese companies on u.s. exchanges. this promptly sent the crane shares china internet etf, one of those baskets of stocks that carry chinese shares, as you can see, down almost 5%. there you go. down two bucks, 4.69%. and the u.s.-listed stocks of chinese firms also hitting session lows on the news. everyone, throw alibaba in there, citigroup, global markets, all of those down big, as you can see anywhere from 5% to 12%. >>> also, take a look at micron technologies. the memory chip maker reported a fall in earnings, gave weak guidance and warned of u.s./china trade uncertainties. that stock down 11%. guess what? that statement from micron hasn't exactly helped other chip makers that are following the company lower. look at all of those, lam, applied, maximum integrated, broadcom, all moving lower today. there are 156 chinese firms listed on u.s. exchanges, with a combined market of $1.2 trillion. that's with a "t." let's bring in ed mills, raymond james washington policy analyst. okay, ed, let's star

white house. "varney & company" is about to begin. >> yes we will have more on jobs report in just a moment hold on few birse former starbucks ceo howard shuttle will not run for the presidency he had a statement what did he say? >> here request this is what he said, quote, not enough people today are willing to consider backing an independent candidate because they fear doing so might lead to real unique dangerous president. i think we have the -- there you go. i'm also concerned that far left policy ideas being advanced by several democratic candidates will outer if alienate voters who believe those ideas will inflict more economic harm than good. so he's consider concerned that democrat party has gone too far left and he's going to siphon up votes from the democrat party and back in january announce a sin tryst independent at least considering he said. also had like three back surgeries in recent months so he's not exactly fit either. that we didn't though. but it is not. a health component but that's why. >> bring in former ceo himself again my reading of had is that the anti-trump vote in nove

as just one example, i recently met the ceo of a terrific american company, micron technology at the white house. micron produces memory chips used in countless electronics. to advance the chinese government's five-year economic plan, a company owned by the chinese state allegedly stole micron's designs valued at up to $8.7 billion. soon the chinese company obtains patents for nearly an identical product and micron was banned from selling its own goods in china. but we are seeking justice. the united states lost 60,000 factories after china entered the wto. this is happening to other countries all over the globe. the world trade organization needs drastic change. the second largest economy in the world should not be permitted to declare itself a developing country in order to game the system at others' expense. for years these abuses were tolerated, ignored, or even encouraged. globalism exerted a religious pull over past leaders, causing them to ignore their own national interests, but as far as america is concerned, those days are over. to confront these unfair practices, i placed massive tari

plans to start exchanges,panies on after we reported on friday the white house is exploring limits on u.s. investments in chinese companiese, facing its value to continue, to encourage foreign investment, trade talks are set to restart the week of october 7. arabia's crown prince is warning a war with iran could bring down the world economy. he says the price of oil would go imaginable he high the price just if the country went to war. he urged -- if the country went to war. nourged the country to add pressure to tehran. >> the region represents about 30% of the world's energy supplies, about 20% of trade passages, about 4% of the world gdp. imagine all these three things stopped. this means a total collapse of the global economy. governmentspean need to spend more to counter the global economic slowdown. that's what ecb chief mario draghi told the financial times. he's urging members of the single currency to commit to closer physical price. he quotes him as saying we need a common euros on budget. units enjoyed a strong debut in hong kong. budweiser brewing rose after pressing shares after the market rate. it's a positi

company. the white house said at the time there was nothing wrong with hunter biden's work and that it didn't create a conflict of interest since he was a private person. president trump and his lawyer, rudy giuliani, have suggested that biden pushed for the firing of ukraine's general prosecutor to halt an investigation into the company. >> that's a lie because the journal reports that the prosecutor had actually, quote, dragged his feet on those investigations, western diplomats said, and effectively squashed one in lond i on by failing doe operate with authorities. >> they say ukraine's government was slow to fire the prosecutor despite warnings from sbairm international monetary board. >> can you know what i found bought joe biden? do you know what i told my colleague? they're going to cover this up. too bad biden's involved in this. i got a nice straight case of ukrainian collusion. the minute i say biden that washington press corps is going to go nuts. they've been covering up for years. >> now you're straying into areas -- >> no, i'm not. i'm straying into what is wrong with us today.

thank you so much for your company everyone always starts this broadcast in the united states where the white house has released a memo of a telephone conversation between president gul trump and ukraine's president of a lot of well the document shows that trump pushed selenski to investigate former u.s. vice president. joe biden and biden son who worked for a ukrainian energy firm that phone call has triggered allegations president trump behaved in appropriately and it has also prompted the democratic congressional leader a house speaker nancy pelosi to launch a formal impeachment inquiry against the us president president trump responded with an angry rebuttal of the accusations against him it's the single greatest would chant in american history probably in history but in american history it's a disgraceful thing the letter was a great letter meaning the letter revealing the call that was done at the insistence of myself and other people that read it it was a friendly letter there was no pressure the way you had built up that call it was going to be the call from hell and it turned out to be a n