and wright is his first takedown. wright becomes the embodiment of everything, in husband mind, of everything he's been saying since 1974. he draws a picture, creates a character and then brings him down. and i think fast forward after bill clinton is elected, he very much does -- or attempts to do is the same with bill clinton. he made bill clinton the embodiment not so much of a corrupt democratic establishment, he had moved on to a kind of morally corrupt establishment or a culturally too far left establishment. whatever he wanted to focus on, i think he then tried to do the same. and i'm sure the experience with wright emboldened him to say we can move forward with an impeachment, and it might very well work. >> the big moment for gingrich was in 1994, right? so talk about how that campaign takes shape. was it really a national election? how big of a role does the contract with america play? how did gingrich spin that -- [inaudible] >> yeah, no, it is an important election, and one of the things that gingrich does

by chris wright, used the gun bought by chris wright.ion to ken dolezsar, to find that it wasn't chris wright. >> but all of that, claims chris's defense, the clever novak was quite capable of setting up. >> he could have nailed, from start to finish. >> 20 moves ahead. >> yep. >> but that didn't explain lee carlson, the good samaritan who pointed his finger at chris wright. >> i'm very certain of what i saw. and i may not have told it, initially, off the bat under the full ves stress of what i saw. but i know what i saw, and i know who i saw. >> reporter: except, there is one person who said he is, most certainly, sure lee carlson is mistaken. chris wright, himself. >> i will answer any question you want to ask. >> reporter: chris was jailed right after his arrest. he wanted to make his case to "dateline" in the flesh, but authorities wouldn't allow it so we talked to him on the phone. >> so, you say you didn't do it? >> i absolutely did not do it. >> we discussed all the allegations, at length. he offered detailed refutations and some

jim wright was furious because he said he may be a criminal. he basically presented as someone who should go to jail and he believed in using the language. one thing he wanted to shape how people saw the democrats in a particular way and using the language by that he used to say that the media likes more indiana jones and i think that he believes that. gingrich took over in 1944 and it was a defunct political committee essentially and he used it to distribute to teach them what to do and in 1990 if you want to speak, these are the kind words you nee of words youe when talking about the democrats through his use as a leader it legitimated looking at search and twitter feeds you will see his smile still present resignations. in the '90s when fox news is formed in 96, but i his relationship with the new conservative meaning? >> guest: when the talk radio is flourishing and 77, 78 and 79 they amplify the message. they call it a tea party revolt and all over the country they are lashing out and it helps gingrich in this cause. in those years he is t

jim wright is his first takedown, jim wright becomes the embodiment of everything is been saying since 1974. he draws the picture, , createsa character and then brings him down. and i think fast forward to after bill clinton is elected, he very much does our or attemo do the same with bill clinton. he made bill clinton the embodiment not so much of a corrupt democratic establishment. he had moved on to a morally corrupt establishment or culturally too far left establishment, whatever he wanted to focus on, i think you then tries to do the same. i'm sure his experience with jim wright embolden him to saint we can move forward with an impeachment and it might very well work. >> that the move for gingrich was in 1994, right? talk about how that campaign takes shape. was it really a national election. how big a a role does the contt with america play? how does gingrich spend that massive to? >> it is an important election, and one of the things that gingrich does is he nationalizes the midterm campaigns very effectively and he uses the things he learned in the '80s about why the media is u

wright: honestly, we were shocked. we figured that parents with kids under the age of 18 were experiencing a brunt of the stress, but we didn't realize just how severe it was. was universal. it was not just democrats or everybody is concerned about how the federal response is impacting how we handle it right now. soledad: how is that stress that you're talking about? maybe not just stress in parents, but stress in people across the board. how is it manifesting itself? dr. wright: so people often report things like headaches and muscle tension, stomach problems, fatigue, along with irritability and frustration, maybe losing their temper, having a hard time sleeping or eating too much. these are really our bodies way of responding to stressful situations. and while it's totally normal, we appropriate way so it doesn'tyou recommend for people who are dr. wright: we really recommend that you focus on the things that are inside your control, and that's really your thoughts, your feelings and your behaviors, and in particula

in some ways jim wright comes first and bill clinton second. one of the most remarkable parts of the book, just to move back wards eastern, how consistent and strategic he was and how he would attack the democrats. and it's not liberals versus conservatives-- a lot of this is anger, in the electorate, he turns the watergate story against that and he comes back to this because he thinks it will resonate. his populist message. and wright becomes of the embodiment in his mind of everything he's been saying since 1974. he draws a picture, creates a character and then brings him do down. and i think that after bill clinton was elected he very much attempts to do the same with bill clinton. he made bill clinton the embodiment, not so much of a corrupt democratic establishment, he'd moved on to a more morally corrupt and whatever he wanted to focus on, i think he nighed to do the same. i'm sure his experience with wright emboldened him, that is to say we can move forward with impeachment and it may very well work. >> the big moment for gingrich of cou

anything they ever said or wrote that wilbur wright no bird ever sword in a calm. what does that mean cracks if you take it literally that you cannot take off into the air into the wind but in a way he says he will never amount to much if you don't have to face any adversity if everything is easy for you. and that is exactly the lessons to be experiencing again and again of the community at marietta of these principle characters. suffering. david brooks has a new book out which i find very interesting and he talks about the good that comes out of suffering. and that's the story. and the high purpose involved wilbur and orville wright's father said it's work of for the purpose never worry about how they will make money and wasn't on their mind much at all. but again the old values, tell the truth. don't lie. don't cheat, don't get too big for your britches. be loyal to your friends here country and family and try to make yourself useful but is cutler established a school the whole third floor on top of the parsonage to create a private school not a minister of the c

of the clinton president. >> i think it's a good connection with the two decades, in some way jim wrightomes first and bill clinton come second, one of the most remarkable parts to move backwards was to realize how consistent and strategic gingrich was and how is going to attack the democrats, he doesn't poke enter focus that much on the girl under liberal conservatives but a lot of distressing government and a lot of anger in the electorate, he turns the watergate story against democrats, he keeps coming back because he thinks it will rise ignite and be his populist message in my first takedown, right becomes the embodiment in his mind of everything he's been saying since 1974, he draws a picture and creates a character and brings him down and then fast-forward to after bill clinton is elected, he very much attempts to be the same with bill clinton, he made bill clinton the embodiment, not so much of corrupt democratic establishment and he moved on to morally enter corrupt establishment or two for left establishment, whatever he wanted to focus on, i think he tries to do the same, i'm s

for those, we go to i'm manus cranny laura wright in -- we go to laura wright in london.ressingudi aramco is ahead with plans to pay 75 billion in dividends despite slumping profits and a surge in debt. the income fell 73% from a year earlier, but the worst may be over. the chief executive says it is already seeing a partial recovery in the energy market. have helpedtiktok the limiter he talks about a merger according to dow jones. not clear if twitter will pursue a deal, but the social network is smaller than microsoft and probably wouldn't face the same level of antitrust for me. berkshire -- scrutiny. berkshire hathaway bought back stock in the second quarter. it saw a 10% drop in operating profit. that was not as bad as expected. aside from buybacks, warren buffett grew his cash pile, now over $146 billion. that is your bloomberg business flash. matt: thanks very much. laura wright came london with the business/. investors are underestimating the risk, the downside risk from your zero interest rates according to bob prince, the bridgewater co-cio. he says bond losses

here is laura wright.aura: hsbc is warning of $13 billion of loan losses as the lender missed expectations. profit falling 57% from a year earlier. it is also feeling the weight of political turmoil in the key market of hong kong. it raises -- to accelerate the bank. 35,000 job cuts are expected. buying speedway gas stations for 21 billion dollars. the owner of 7-eleven is hoping and expanded footprint will deliver amid the pandemic. it will be paid in cash and partly financed by debt. it currently has around 69,000 stores worldwide. aemens has agreed to buy company for 16.4 billion dollars in cash. it is the biggest medical acquisition of the year. the deal will be financed through debt and equity. it gives a sizable market share in the rapidly growing field of cancer treatments and opens a potential path to the benchmark dax index. that was your bloomberg business flash. matt: laura wright in london with your business flash. a two-yearing out high, investors have never been more upbeat on the euro in the

here is laura wright.plitting its shares in a 5-1 exchange in an effort to make the stock wessex and said to individual investors. this comes as the carmakers surge pushed its valuation to around $250 billion. that's more than ford and toyota combined. trading will begin on august 31. air b&b is filing for a stock market listing in the next few weeks. it could start trading as soon as the fourth quarter, during the harshest lockdown as air b&b tumbles about 90% and they cut a quarter of the workforce in a bid to survive. by may the company was already seeing a rebound. that is your business flash. laura wright in london with your business flash. ,oe biden chooses kamala harris the former california attorney general as the first black woman and the first asian-american on a major party presidential ticket. we will discuss the democrats vice presidential pick. this is bloomberg. ♪ anna: -- matt: welcome back to "bloomberg markets: european open." away from thetes start of cash equity trading and we are follo

i'm sure, he said this at the time he believes jim wright was corrupt. he will hold to that argument. i'm not bracing myself i'm certainly curious how he will respond. right now is focused on 220 and his book. so i have no doubt you will hear from him in time. i want to thank everyone for coming out again prayed the book is terrific, burning down the house. it's not actually a collection of julian with talking head stories. it's about newt gingrich. it's a good book. there is a link to buy it from the strand. to buy from this event it is in the chat room there. you can get it i'll turn back over to andrea but thank you all for coming out and thank you julian. >> thank you. >> thank you that is so wonderful and so much information in an hour, i love it. julian do you have any final -- i know you're just beginning to sherbrooke it was just published other thank you's or hellos you want to send out before we sign off? so thank you to strand, thanks to kevin, thanks to you and everybody put it together. obviously think every book, if you write a book have a

laura wright in london. donald trump has moved to ban tiktok and wechat pay are he signed an executive order prohibiting u.s. residents from doing any business with tiktok or its chinese owner, beginning 45 days from today. he issued a similar order for wechat but it is not as expansive and does not extend to tencent's wider is nice. shares have slumped, erasing $30 billion of market value this morning. let's get into the markets with laura cooper, our bluebird market strategist. what a friday morning to wake up to. we have the u.s. jobs numbers coming out but it now seems that trade tensions are back in the forefront. how much do you think that this is going to weigh on the market, less so for today, but more so near term in the next few weeks and months? laura: we did see a knee-jerk reaction on the back of this pair of executive orders and i think probably, it speaks markets, the aggressive nature of this. i think today is going to quickly shift back the jobs front. we are already seeing futures pervak th

that nigel wright, a sheep farmer from lincolnshire, understand that nigel wright, a sheep farmerfromllion of bitcoin. this was part of his plots. he initially denied the two counts of contaminating the goods and also three counts of blackmail. they discovered the jars and it prompted tesco to issue a product recall. just remind you that nigel wright, 45 yard sheep farmer from lincolnshire has been convicted at the old bailey of two counts of contaminating food after placing jars of baby food laced with shards of metal in two tesco stores. the headlines on bbc news... there's been a steep rise in gcse grades in england. pupils have been receiving them after a uk government u—turn means marks are now based on teacher assessments. students in wales and northern ireland are also getting grades today meanwhile, chaos for hundreds of thousands of pupils as btec students are told they won't get their marks, just hours before they were due to be published. the russian opposition figure alexei navalny is unconscious in hospital with suspected poisoning. the anti—corruption campaigner fell ill

aviation aviation expert steven wright speaking to d.w. earlier well moving to lebanon now with the united nations warning of a humanitarian catastrophe in the country after the massive explosions that ripped through the capital beirut on choose day u.n. agencies say they're struggling to support hundreds of thousands of people the blasts destroyed the port in beirut which was lebanon's main gateway for imported goods lebanon relies on imported wheat it's only grain silo was obliterate its. massive quantities of grain spilled across beirut's harbor another crisis looming for the city as food supplies become more scarce rescue teams have had a hard time looking for survivors buildings or smashed together finding spaces where people may still be trapped is a race against time. really you go our experience is that people can still be found alive up to 80 hours after an explosion or an earthquake so we still have hope. at this point. 16 port workers have been detained others are under house arrest as public anger grows. protests broke out over

let's get the first word news with laura wright.bank of england is not ready to follow its bits into the round of negative interest rates. it was the benchmark at 0.1% unless asset purchases are changed. the bank says it does not plan to tighten policy until there is progress in achieving the inflation target. it also doesn't expect the u.k. economy to reach precode levels until the end of 2021. u.s. efforts to crack down on chinese technology looks to be extending will belong -- well beyond tiktok. mike pompeo is urging american companies to block chinese applications from their app stores. is so-called clean network not binding. see on trusted chinese apps removed from chinese app stores. president trump has mentioned pending action on tiktok and for good reason. with parent companies based in china, apps like tiktok and others pose a threat to american citizens, not to mention tools for sisi content censorship. pressingmocrats are for more concessions on economic relief. one of the white house chief negotiators has warned there i

nejra: laura wright, thank you so much. prominent democracy advocate arrested in hong kong under its controversial security law. we bring you the details next. this is bloomberg. ♪ nejra: this is "bloomberg daybreak: europe." i'm nejra cehic in london with manus cranny in dubai. manus: hong kong police have arrested media tycoon and democracy activist, rating the office of his flagship newspaper, the latest action under the new security law passed in late june. our chief north asia correspondent joins us now. good to have you with us. what do we know? what are the details? stephen: this is the most prominent figure and most pro-democracy advocate to be arrested under the new law. police in hong kong are saying between --e aged 39 between 39 and 72 have been arrested on allegations of breaches of the law. police did not name him by name, but we have gotten confirmation from officials at his next digital media company, mark simon, who sent in the milk confirming jimmy was arrested. we saw the video of him being led out of his

well steven wright is a professor of aviation at finland's temperate university he told d.w. more about the runway in karada where the accidents happened the runways they designed to paychecks. under extreme conditions that's what making reference to. the short runway itself is going to be united complication because. it's designed to take off and land on the normal conditions but we know that the weather can be very intermittent incremental from time to time and we then have problems across coming and then my attempt to land in really quite challenging conditions and if the weather is such that. dumps a lot of precipitation a lot of water on the runway itself if the aircraft trust landed not water then it just the way with the tires done it here they don't stay to the runway and they at cross will continue to travel even though the pilots will be trying to press brakes and so on and so forth. as aviation expert stephen wright speaking to you earlier moving on to lebanon where the united nations is warning of a humanitarian catastrophe in the country after the massive explosi

chandrika thank you steven wright is a professor of aviation at finland's tom pro university he told me about the run by encounter where this happened. the runways they designed to eject under extreme conditions that's what making reference to. the short runway itself is going to be an added complication because. it's designed to take off and land under normal conditions but we know that the weather can be very intermittent incremental from time to time and we then have problems across coming and then my accent said land in really quite challenging conditions and if the weather is such that. dumps a large precipitation a lot of water on the runway itself if the aircraft trust landed not water then it just the way with the tires don't they don't stick to the runway and they at cross will continue to travel even though the pilots will be trying to press the brakes and so on and so forth and it's known as a runway explosion so this is a when the time sort of plane as it were it sounds like the sort of conditions in which people are going to ask well why didn't they abort they they the l

here is laura wright.is paying over $2 billion to settle legal issues, the latest fallout on vehicle pollution. $1.5 billion with environmental protection agency. class-action litigation by consumers. out byis set to be shut india, they plan to restrict the chinese telecom giant. comes as relations between the countries hit a four decade low. that is your bloomberg business flash. wright ink you, laura london. about the state of the u.s. economy. nancy pelosi and donald trump are putting down opposing wages on where the economy is going, and who gets the blame if it goes south. they are $1 trillion apart on a stimulus deal. republican when negotiators are ready to meet in the middle, democrats will fit down. >> perhaps we mistook them for damn.dy who gave a unless they see the reality of what it means in the lives of the american people, what good is it for us to agree to something that has no relationship to meeting the needs of the american people? meanwhile, new u.s. jobless claims fell below one millio

>>i'm morgan wright in washington coming up president trump is urging college football teams to get on the field this fall despite cancellations a major conferences and the threat of covid lawmakers are now weighing in. >>and we're also tracking a major heat wave heading our way starting today look at that inland this afternoon, a 100 and 5 by noon 93 look bay shoreline communities will be in the mid 90's as well not good for folks who don't have ac we'll have more on this in a complete check of that hot weather forecast with john in just a minute. look, this isn't my first rodeo... and let me tell you something, i wouldn't be here if i thought reverse mortgages took advantage of any american senior, or worse, that it was some way to take your home. it's just a loan designed for older homeowners, and, it's helped over a million americans. a reverse mortgage loan isn't some kind of trick to take your home. it's a loan, like any other. big difference is how you pay it back. find out how reverse mortgages really work with aag's free, no-obligation reverse mortgage guide. eliminate monthly

laura wright is with the team. the u.k.nsidering the worst-case scenario of a lockdown in london again according to the sunday times. it would include travel cuts in and out of the m 25 and would see people asked to stay at home. the local government secretary says he is not aware of any plans to seal off london, but the u.k. will target local areas rather than blanket action across the country. microsoft is in talks to buy tiktok. the chief executive sat down with president donald trump yesterday to try to salvage the potential deal, but the south they morning post reported would prefer to spin off tiktok rather than sell it to microsoft. apple is asking some u.k. retail landlords to half its rent, which is offering to extend leases for several years in return. it wants to benefit from the reduction seen by son o some of its rivals. it has overtaken saudi aramco, surging after recent earnings. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 1

matt: thanks very much, laura wright in london with the latest.n the heels of a three-day rally, the msci all country world index climbed yesterday to a rate -- to erase its entire loss for the year. asian equities are set to clawback its losses and u.s. stocks briefly reached record highs, propelled by surging tech shares. let's get into the markets now with mark cudmore in singapore. just yesterday, we were talking about concerns. it looked like tuesday's closing the u.s. were hurt by valuations. are those valuation concerns now off the table? mark: look, i don't think we are ever going to collapse this alone.ased on valuation what is the point that is to stretched -- too stretched? we know that valuations are very expensive. we know that is a concern and that is a way to build momentum when we get a negative catalyst. it's not going to be a negative is predominantly tech names. most stocks in the u.s. are still handily down on the year, just like european stocks. there is that sector in the u.s. that is performing unbelievably well and that is

for the bloomberg business flash, here is laura wright.erzbank has abandoned its goal for a full-year profit after future losses tied wirecard. it comes as the lender seeks to emerge from a leadership crisis. this week, the lender appointed a new chairman but is looking for a ceo who knapp -- navigate the conflicting demands of shareholders. theo attracted new money in second quarter, blunting the impact of outflows in the first three months of the year. the u.s. bond giant brought in 23 billion euros in the period, allianz took a hit with profits declining 19%. pressure from cheaper alternatives before the coronavirus crisis. virgin atlantic files for chapter 15 bankruptcy protection in the u.s. after telling a london court it is set to run out of cash next month of a rescue deal is not approved. 15 allows foreign companies with u.s. assets to protect themselves against claims while the work for a turnaround plan at home. virgin hopes to secure a rescue package. that is your bloomberg business flash. matt: laura wright in london with your

now let's get to the first word uses with laura wright. >> thanks.hite house has no plans to do away with the payroll tax altogether. that is despite president trump saying he would repeal it permanently if he wins another tournament. the idea of doing away with the tax is unlikely to get support from congress. it could drive up the deficit by trillions of dollars and spell the end of some social security payments. the latest controversy in the u.k. is around student exam results. boris johnson is defending his government's handling of exam scoreless. students complaining they have had their grades downgraded. teach he is gave an estimate which in turn was put through an algorithm. fiasco. calling it a in china, output rising 4.8%. but domestic retail sales are continuing to undercut the rebound, falling over 1%. china with a jump in private con suns will keep the bounce-back on track. this is bloomberg. neijra: laura wright, thank you so much. coming up, banking black. banks serving under represented communities have been disappearing. they are urgi

laura wright here in london. u.k.yment has fallen by the most since the global financial crisis. 220,000 in the second quarter. coronavirus restrictions were at their most severe. that labor market crisis is expected to gather pace as government support is withdrawn. piya sachdeva is an economist at schroders and still with us. data,e had a swath of some better than anticipated in terms of the u.k. labor market story. maybe that is testament to the amount of protection the labor market is being protected from reality at this point. piya: exactly. we know that the labor market situation will become a lot clearer when it ends in october. to the extent we are looking through some of these unemployment numbers right now and then there was also the question of participation. participation in the labor market has fallen quite sharply. we think about how unemployment is measured, it is the number of unemployed as a proportion of the labor force. as people exit the labor force, that also holds down the unemployment rate. that

nejra: laura wright in london.oming up, negative rates are part of the toolbox, but there are no plans to use them yet. we will bring you our interview next. this is bloomberg. ♪ this is "bloomberg daybreak: europe." the bank of england says it will not tighten policy anytime soon, despite the economy showing signs of a faster rebound than expected. governor andrew bailey told francine lacqua that negative rates will be part of the toolbox, but at the moment there are no plans to use them. the pair spoke after policymakers voted to keep the bench make interest -- the benchmark interest rate at a record low. further quantitative easing, potentially the use of negative rates. those are the things we have looked at. control is discussed. we do discuss it. athave preferred to look quantitative easing as tools in that respect. point that make the nothing is fixed and forever. that it is not in our planning at the moment. francine: what would it take for you to grow the rates? guest: we talked to a lot of central banks w

phil: t thank y you for that, profsosor stevenen wright. now to lebanon, where the country's political leadership is facing growing anger over the deadly explosions they killed 150 people and injured thousands more. opponents accuse the government of corruption, and incompetence, and failing to avert and economic meltdown. a major protest is planned for saturday. reporter: an eruption of the anger mounting in lebanon the last few days. police fired tear gas to disperse a small but enraged crowd thursday night, with some throwing stones at the officers. a a return of the antigovernment demonstrations thahat have been ongoing bebefore the explosion f beirut's port. the call for change has been acknowledgeded by lebanon's president, a longtime member of the country's scored d in -- s corned elite. "we are reconsidering our system, which is built on consensus, because it is paralyzed and incapable of swiftly executing decisions, whicich have to bebe consensuald go throughgh several authoritie" but the change the president is willing to promote

abc news reporter david wright is following this developing story. >> president trump side stepped congress, signing four executive orders, providing some relief for millions of americans struggling during the coronavirus pandemic. >> i'm taking action to provide an additional or an extra $400 per week in expanded benefits. $400. okay. >> talks between the trump administration and the democratic leadership on a new covid-19 relief bill collapsed friday. >> it was a disappointing meeting. we did not make any progress today. >> reporter: democrats say they offered to meet republicans halfway on a $2 trillion stimulus package. >> i offered to them, we'll take down a trillion if you add a trillion in. they said, absolutely not. >> reporter: there was some positive news from the labor department. friday's job reports beat expectations. nearly 1.8 million jobs added last month. the unemployment rate dropped to 10.2%. the data showed erthat l their at the beginning of the pandemic are still unemployed. the $600 unemployment benefit expired july 31st. >> that extra $600 has been a lifeline to us to

>>reporting in washington, i'm morgan wright. >>at least one marine is dead after a training accident in san diego 8 other marines are missing tonight. 2 others were hurt in the they were taken to area hospitals that accident happened. thursday evening with an amphibious assault vehicle from camp pendleton the marines reported that they were taking on water during a training exercise. investigators have not released any details on what led to that accident. and time now for 4 zone forecast get a live. look guy outside right now looking toward to towards mount the apple there you can actually see it meteorologist mabrisa rodriguez joins us now with the 4 zone forecast for the weekend race up a their big d and that no sky july starting to make a comeback this evening, but it is going to be very shallow if anything so that warmer weather. >>we are going to notice that marine layer nonexistent by our saturday afternoon mostly sunny skies in downtown san francisco warming up to 69 degrees. thanks to that extra sunshine winds out of th

jason wright will lead the business operations and working with building the field on the team.of the team says wright's former experience as a playerer and push for inclusion will set new standards for that organization. >> trevor: that's right, washington has hired the first black president in n.f.l. history, which is fantastic! but if they follow the same pattern as america, the team's next president is going to kick all the mexicans off the team and inject all players with hydroxychloroquine. i will say, it really sucks to be a black person in america right now, but even if you do get offer a job, the first thing you think is how bad tid the white people (~bleep ) up to have to hire me? best of luck to jason wright because football is the only sport trying to play with fans in the stands and no bubble during covid. so if the league shuts down, you know people are going to try to blame him. i'm just saying, the league never set down before when there was a white team president. it can't be a coincidence! >>> on to news about climate change. should be no surprise 2020 is on co

jeffrey wright there of eurasia group.cial coverage of the democratic convention starting monday night on bloomberg radio and tv, and then the republican convention kicking off. full coverage of that as well. we just can't get round the table and have a conversation, never mind striking a deal down on capitol hill. lisa: wall street expect a deal. i am trying to understand. people are saying there is going to be a deal. a deal in september is not the same thing as a deal in two weeks. ainre is a material p the longer this goes on. markets will start pricing and even a late deal, which will have economic consequences. this is a new wants, but it is an important one. jonathan: maybe it needs to show up in the economic data, but i don't see any sign of this and the equity market at the moment whatsoever. the president made his announcement over the weekend. you might have expected a little bit of chaos on capitol hill. didn't really happen. the issue is, how do you even quantify how much more economic damages done each week t

>>reporting in washington, i'm morgan wright. >>let's switch it up now to talk about our 4 zone forecast with our chief meteorologist lawrence karnow i'm sure our viewers at home are noticing it might look a little bit different here behind me we are working on. some changes here at kron 4 i think that's all i'm allowed to say sort of temporary studio right now i know you're going to tease him like that. why i'm not really quite sure what i'm allowed to say or not say that. this is our temporary home for now until some bigger and better things are coming along, but that love has been a lot of people worked really hard to make this happen. yeah still working really hard to make it to put it all together it could be fantastic once it's all done, you know with the weather looking very typical outside right now, but things changing as we're going to see a big cool down low clouds and fog and a surge well on shore overnight, you see some patchy fog out there that marine layer going deep and maybe as much as 4,000 feet or so over the n

david wright is following this developing story. >> reporter: president trump sidestepped congress, signing four executive orders, providing some relief for millions of americans struggling during the coronavirus pandemic. >> and i'm taking action to provide an additional or an extra $400 a week in expanded benefits. $400, okay? >> reporter: talks between the trump administration and the democratic leadership on a new covid-19 relief bill collapsed friday. >> it was a disappointing meeting. >> we did not make any progress today. >> reporter: democrats say they offered to meet republicans halfway on a $2 trillion stimulus package. >> i offer to them we'll take down a trillion if you add a trillion in. they said absolutely not. >> reporter: there was some positive news from the labor department. friday's jobs report beat expectations. nearly 1.8 million jobs added last month. the unemployment rate dropped to 10.2%. but the data shows that millions of americans who lost their jobs at the beginning of the pandemic are still unemployed. the $600 supplemental federal unemployment benefit expired

wright is a former n.f.l. player and was recently a partner in a consulting firm.will help lead a team reeling from recent charges of sexual nt offment in the front office. coming up next, another historic hiring as a ballet star moves to the head of the class. ss. alright, i brought in ensure max protein to give you the protein you need with less of the sugar you don't. [grunting noise] i'll take that. woohoo! 30 grams of protein and 1 gram of sugar. ensure max protein. with nutrients to support immune health. ensure max protein. toi'm releasing a plan to save lives in the months ahead.irus. we need to increase federal support for testing, we absolutely need a clear message from the very top of our federal government that everyone needs to wear a mask in public. every single frontline worker should have the personal protective equipment that they need to be safe. we need to support schools and childcare programs so parents, if and when they can return to work, are confident that their children will be safe and cared for. and finally, we need to protect the populat

well, jason wright is with me after the break. what do you look for when you trade?ee access to research. yep, td ameritrade's got that. free access to every platform. mhm, yeah, that too. i don't want any trade minimums. yeah, i totally agree, they don't have any of those. i want to know what i'm paying upfront. yes, absolutely. do you just say yes to everything? hm. well i say no to kale. mm. yeah, they say if you blanch it it's better, but that seems like a lot of work. now offering zero commissions on online trades. we charge you less so you have more to invest. ♪ it'can it help with snoring?le of the year on the sleep number 360 smart bed. i've never heard snoring. exactly. no problem. ...and done save 50% on the sleep number 360 limited edition smart bed. plus, free delivery when you add a base. ends monday. >>> nfl trauning camps are underway and with games just a few weeks away, the season is going to look very different during the pandemic. you can bet on going to look very different during the pandemic. take place with less than 17,000 fans in the staydium,

the washington football team hiring jason wright, the league's first black team president.ght, a former player and businessman. he says he wants to give the team a new identity. washington, of course, retiring its controversial name last month. >>> when we come back tonight, the 9-year-old boy and what he said when asked what his three wishes would be.♪ thousands of women with metastatic breast cancer, which is breast cancer that has spread to other parts of the body, are living in the moment and taking ibrance. ibrance with an aromatase inhibitor is for postmenopausal women or for men with hr+/her2- metastatic breast cancer, as the first hormonal based therapy. ibrance plus letrozole significantly delayed disease progression versus letrozole, and shrank tumors in over half of patients. patients taking ibrance can develop low white blood cell counts, which may cause serious infections that can lead to death. ibrance may cause severe inflammation of the lungs that can lead to death. tell your doctor right away if you have new or worsening symptoms, including trouble breathin

well, jason wright is with me, after the break.t's time for the biggest sale of the year on the sleep number 360 smart bed. can it help with snoring? i've never heard snoring. exactly. no problem. ...and done save 50% on the sleep number 360 limited edition smart bed. plus, free delivery when you add a base. ends monday. beeping) - [alan] what is a wish? (medical equipment beeping) (sonar pinging) (upbeat music) - [man] captain, we're ready to dive. - [alan] it's adventure and seeing the unknown. (inspirational music) it's imagination - [man] we're ready to surface. - [alan] and coming up for air. (inspirational music) - [alan] but really, deep down, a wish is hope. and right now, we need hope more than ever, that's why we need your help. when children with critical illnesses spend their days here, getting tests and treatments, to wishing to be anywhere else. they're wishing to just be kids again. by giving $20 a month, 67 cents a day, or any amount to make-a-wish, you make wishes real. (uplifting music) wishes provide hope and giv

wright, who wants to take off with this.of it was yellow it is another u—turn by the government because yesterday, downing street they were not reviewing this, saying that despite scotland's thing that they were taking a review as to whether facemasks would be worn by people in secondary schools when in the communal areas. today, scotland said that plan was going to come into force and pupils will have to do that. late this evening, they have said that pupils will have to wear masks in communal areas and secondary schools, but only in areas where there is a local lockdown. i think as we discussed, actually, this is very confusing for parents and at a this is very confusing for parents and ata time this is very confusing for parents and - at a time when the and pupils at a time when the government - needs and pupils at a time when the government- needs to get this

meet the wrights. lucy works in marketing. dave is an account manager. there's gus.for us isn't exactly his top priority. and since the end of march, the wrights have been working from home. it's been a mixed bag. it was a bit of a challenge initially, wasn't it? yeah, very much. um, you know, we had to very quickly kind of work out when we were working and when we were parents. lucy and dave work for a business called moneypenny, which handles calls and live chats for other companies. around a third of their 700 staff are back and the boss says more working from home means the business can grow without needing more physical space. as business leaders, we need to find the opportunity, particularly in these big periods of change. so, for us, it allows us to grow faster. we've just recruited 150 people actually now until the end of october, so it allows us to bring more people into the business and actually to be able to expand and scale, so that we've got the space moving forwards to be able to do that. the bbc spoke with 50 of the uk's biggest employers and not one o

reporting in washington, i'm morgan wright. >>coming up joe biden expected to announce his running mate any day now we'll tell you which california lawmakers are on his short list plus a robbery quickly turns into an officer involved shooting in the east bay, the latest on the investigation after the break. >>and i'm tracking hurricane acs bad it is making its way towards florida inching closer we're living in uncertain times, but as californians we'll get through this together. if your income has been reduced or you've lost your job or your health insurance, covered california is here. we can help you find the health insurance you need to protect you and your loved ones. and, you may even get financial help to pay for your health insurance. so, if you or someone you know is without coverage, visit coveredca.com to learn more or enroll today. >>an officer involved shooting is now under investigation in the city of berkeley. >>that's right it happened last night near the cvs on shattuck avenue. authorities tell kron 4 says the c

let's get to the first word news with laura wright.al reserve officials are warning another round of fiscal relief will be critical for the u.s. economy. the comments come as lawmakers continue to be deadlocked over a new aid package. president trump is considering executive action to help americans hit by the pandemic. enacting a payroll tax holiday. expects toy says it raise nearly $950 billion in debt over the three months through september. that is on the massive spending surge to help the economy through the coronavirus crisis. is 270 billion dollars higher than the projection in may. the finding of the think tank the new economics foundation says that the central bank is subsidizing industries through the pandemic rescue program. it says large amounts of money have been pumped into the industrial sector despite smaller parts of the u.k. economy. argentina has agreed to restructure $65 billion in debt. of the dealnts between argentina and its creditors are still under discussion. it would mark the first step toward stabilizing a s

the firststraight to word news with laura wright.: the white house and democrats are still far apart on the new coronavirus replete -- relief plan. talks will resume today. democrats want to keep the $600 jobless benefit in place, but republicans want to reduce it to $200. lockdown could deliver a faster economic recovery according to neel kashkari. he says while the move would be unpopular, it could restore growth in hiring more quickly rather than waiting for a -- he says the surge in u.s. fiscal rate can afford t aid. the pandemic is adding a million new infections every four days. australia has expanded restrictions in melbourne in an effort to curb rising infections in the city. new zealand is delaying its quarantined free travel zone in the country due to the outbreak. murdoch was chief executive of the family's main media business until last year. he steps down most of assets were sold to disney. since then he has become increasingly vertical of the conservative editorial direction of news corp. and fox news. he has left news

the ak tekt decided not to copy wright the design.spark a transparent toilet wave around the world. lucy craft, toky >>> and that's the overnight news for this wednesday. for some of you, the news continues. for others, check back later for cbs this morning. and join us this evening for cbs news continuing coverage of the republican national convention. reporting from the nation's capital, i'm nikole killion. iong spoed by >> o'donnell: tonight, the two major stories as we come on the air-- the hurricane that has over hi million people in its path and could hit wednesday as a category 3. plus, the second night of protests in wisconsin, following jacob blake's shooting. his family saying tonight jacob may never walk again. hurricane laura, predicted to be a beast of a storm with life- threatening storm surge and dangerous winds. law enforcement going door to door as more than half a million are ordered to evacuate. a family's anguish. >> they shot my son... seven times! s o'donnell: jacob blake's parents ask for justice as his mother d

airplane sound cannon fire while the navy was starting to make a comeback, general wayne wright surrenderedling adore. the probable soldier who had fought in world war i and who now at the age of 59 was surrendering his sword without cause for shame. for he and his men had fought in the finest tradition of the american fighting man. our stubborn defensive corridor i put the japanese conquest four months behind schedule and sent general hamas back to japan relieved of his command. , in 1942 president will fall had address congress than the nation to set immediate and new production goals. >> to increase our rate of production in place airplane so rapidly that in this year 1942 we shall produce 60,000 planes. (applause) 10,000 by the way more than the goal we set a year and a half ago. this includes 40,000 combat planes, dive bombers, the rate of increase will be maintained per, continued so that next year, 1943, we shall produce 125,000 airplanes including 100,000 combat. planes (applause) second, we increase our production rate of tanks so rapidly than in this year 1942 we shall produce 45,