>> cody wright: no. ) when i make that perfect ride, i'm going to be done. >> whitaker: after our story aired, the family added one more world championship to its collection. stetson wright won his first gold buckle for all- around cowboy at the national finals rodeo in december. ( ticking ) >> how do you tell a rodeo story? first you learn to ride a horse. at www.60minutesovertime.com sponsored by pfizer. 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 th

now catherine wright, the sister of the two wright brothers. i don't think it would've succeeded and they've never got an adequate credit for that. i hope that my book does that. exist to the point where she has recognized pretty because not only have been important. but interesting. an admirable is human being. host: i'm also surprised as people who have been seen this heroes they do not care as well as the historian eyes is a renaissance and etc. i think john kennedy is very now read. david: pending very well . liberally in a point where we stand really pass judgments. truman said have to wait 50 years for the dust to settle. 750 years. he will begin, it's not just went before him, but he was followed him. as he compared to that. learn the consequences of decisions he made didn't make. we need to look much more at the importance of the decisions that the presence didn't make is important is decisions that they did. eisenhower made not go into vietnam for example. decision the john adams made his president not to go to work with france which t

wright said she had nothing to do with the murder. >> i didn't want to die in prison. >> reporter: wrights terminal cancer. >> after battling breast cancer and then brain tumor and then ovarian cancer, myoviniovinito a cancer metastasized to my liver. >> reporter: afternoon advocacy group coalition for women prisoners started working to get wright released. >> with the covid-19, i was just -- knew that i was not going to make it this time. >> reporter: governor gavin newsom issued an emergency order setting her free. >> i'm 42 years old. i'm just now getting a chance to actually see her and be with her. it's a gift from god. >> give grandma cookies? >> yeah. >> what kind? >> chocolate. >> reporter: wright is getting to know her eight grandchildren. but she worries about friends still behind bars. g gwsouak an compassion, heart as he did for me, and consider their release as well. >> reporter: advocates continue fighting to get older and medically at-risk inmates early release from prison. amy powell, abc7 news eyewitness news. >> state lawmakers will return to sacramento tomorrow after an

laura wright.oomberg the agreement with ebay would come in cash and stocks and would give ebay a significant minority stake. it looks to beat out the competition, and no official word from either. one announcement could come soon as today. japanese experts have fallen by within 20% for a third straight month. that is the market starts to reopen since the virus shot down. overall shipment overseas were down 26%, worse than forecast. dividends paid by u.k. companies could take six years to recover. that is according to reports from financial data firm link group. payouts this year could shrink i nearly half to 56.7 billion pounds. in far more drastic reductions during the financial cry -- then during the financial crisis. that is your bloomberg business flash. francine: the u.k. says it secured early access to 19 million doses of promising coronavirus vaccine candidates alliance.fizer that is as the number of confirmed cases continues to grow globally. ovid-19 in asian resulted inve tightening restri

laura wright with your business flash. swedish construction giant skanska reported operating profit of 845 million krona in the second quarter, beating the estimates for 787 million krona. we did see revenue coming in light.

let's get to laura wright with the first word news.: in the u.s., the white house said to stop talks on the next virus stimulus packages as debts has 140,000. lord is outbreak was described as out of control by democratic representatives. the mayor of los angeles said his city is on the brink of new restrictions. president trump said the u.s. has the best mortality rate. the white house's own data says the u.s. rate is the lowest. matt: laura wright with the virus recap. let's get a -- annmarie: i want to bring in guy stear. we have the european union looking to clinch its fiscal stimulus deal. laura was talking about the states. are you hopeful we will get another stimulus package in washington and what does that mean for your portfolio? guy: what you were discussing before is correct. the window is very short in terms of getting a stimulus package agreed in the u.s., and there does seem to be quite a difference in terms of what the republicans and democrats want. 50-50 int is about terms of probability of it happening. i think the re

>>i'm morgan wright in washington. targeted direct payments could be coming to americans and the next covid relief package. how about a little trip outside shall we off to the golden gate we go traffic looks good here in both directions here temperatures right now in sausalito cloudy. >>and 56 degrees we'll be right back. welcome back everyone the senate returns to the capital next weekend senate republican leader mitch mcconnell has promised to get to work on the next round of cover belief. >>republicans are suggesting that there may be a second round of direct payments, but this time. >>they might be a little more targeted toward lower income americans washington correspondent morgan wright explains. >>we need to make sure that those people who are hardest hit. i get the relief they need to weather the storm but the coronavirus far from being contained senators chris van hollen and richard blumenthal say americans need new targeted direct payments to stave off economic fallout, somebody said work and doing fine and p

>> reporter: police say hotel staff found ednitta wright's two children swimming alone on friday. when staff located wright in her car nearby in the parking lot, she refused to give her name and room number. staff called police. >> i have a key to get in and i can show you that it work. >> reporter: wright accusing the employee and police for discrimination. >> i have no reason to tell who i am, i proved that i'm here. there was two white people sitting over there, she said nothing to them. >> reporter: officers later used her vehicle registration to confirm that she had two rooms booked by her employer. the hilton hotel chain says that they "apologized directly to the guest and her family for their experience." hilton tells us that staffer is no longer employed at the hotel. police say they will conduct a thorough investigation. tom? >> adrienne, thank you. >>> and there's still much more ahead on "world news tonight" this tuesday. new developments in the search for a missing soldier in texas. >>> and news about that armed husband and wife waving guns and confronting protesters i

laura wright, thank you.on track to post still lowest ice coverage on record. for companies producing and shipping oil and gas and metals, this is opening a new and shorter sea route from the northern europe area to china. joining us for more from madrid is laura. forare a report bloomberg green and you have looked at how two different ships set different records. what do these ships tell us about the current situation in the arctic? laura: we have told the story through two different ships. one of them is a gas tanker, liquefied natural gas tanker and the ship set sail from northern russia to china in mid-may. that was a record, the earliest any cargo ship had sailed this route from northern russia to china in the north end it didn't even need a nice breaker because the ice was so thin, it could make the journey on its own. of how obviously a sign sea conditions are changing very rapidly in the arctic, how the ice is melting. the other ship we looked at is the largest polar expedition in scientists on the ar

>>other crowded indoor gatherings reporting in washington, i'm morgan wright. >>all right time for a look at the forecast as we're looking live over the embarcadero pretty after a beautiful day. >>they have beautiful day in the bay meteorologist mabrisa rodriguez is here with us it's it's been cooler probably then some expected for summer time, but it feels nice, it feels great in fact are already noticing that cooling trend out there right now for your thursday night, let's take a live look outside downtown san francisco. and you can see city hall. >>very patriotic this evening lit up in red white and blue in honor of our first responders during this coronavirus pandemic so thank you so much taller frontline heroes out there watching us this evening and stormtracker 4 out there right now very dry conditions. no drizzle just yet but we are going to notice some overnight drizzle mainly along the san francisco peninsula coastline. even through your friday morning commute as well so just keep that in mind temperatures out there right now cooling down into the mid

kron 4 washington correspondent morgan wright brings us the latest. >>the house and senate are pretty far apart in terms of their priorities and new york congressman anthony brindisi says with the negotiations underway. he's optimistic house democrats priorities will be addressed in the next covid relief package, how do we help those folks are still unemployed. how do we get help to our state local government so they're not forced to make devastating cuts, rhode island congressman jim langevin says lawmakers must also address the lack of testing supplies and personal protective equipment for healthcare workers are still saying they sing ppe shortages, congressman david sicily of rhode island says the house pass here is act already addressed those key issues we put on 2 trillion dollars of aid to cities and states. so that in the middle of this pandemic they won't be forced to lay people off or on the front lines protecting us but senate republicans have rejected the house's proposal is going to be something that she did in the white house and senate.

our washington correspondent morgan wright reports now if the tax releases do come out. it will not be until after the november election. >>in their last decision of the term the u.s. supreme court said congress needs to find better reasons for looking into president trump's tax returns a path that the supreme court has laid out is one that clearly achievable by us after the ruling house speaker nancy pelosi said democrats will keep working to gain access to the president's finances. plus he says the ruling upholds congress's authority to conduct oversight of the president is not above the law so i think one is with the center for american progress. he says the ruling is a mixed bag congress can subpoena. >>these type of records. but ultimately they remanded the case and told the lower courts to apply a four-part test and when says that decision is a blow to presidential accountability but in a related case, the court ruled in new york state prosecutor has a right to see the president's finances criminal investigation against him. >>can proceed. and the new york grand ju

>>reporting in washington, i'm morgan wright. >>there is more fallout tonight after president trump signed an executive order to change the way the census counts undocumented immigrants. a white house spokesman says the order would discount undocumented populations when deciding how many representatives each state gets in congress. the white house also says immigration agencies will share people's personal data with the census bureau. but the bureau and house democrats say that's illegal and are calling the executive order a political move. >>he knows this is wrong. he knows it's against the law not to count every individual in america, the motivation of the president is to try to instill fear in people and to discourage them from filling out the census. >>after the order was issued california democrat and that bargain put out a public message in spanish urging undocumented americans to continue filling out the census. the supreme court previously blocked the trump administration from putting a citizenship question on the census

to agree amongst themselves on how to move forward kron four's washington dc correspondent morgan wright reports. >>we just want to make sure this is a package that need that corresponds to the crisis mayor going congressman jamie raskin says house democrats are concerned the republicans plan won't be enough to help the country battle the house and economic fallout of the virus are people need the money now our hospitals need the money now our schools need the money now a sticking point for both sides the now expiring $600 weak unemployment bonus helping nearly 40 million americans they wanted to move to $600 a week on the federal supplements side to a $100 which is a nonstarter for us democrats are still pushing for the heroes act they passed him a which includes an extension for the benefits republicans say that's just too expensive. >>we want to make sure what the expiring unemployment insurance we have the technical fact so people don't get paid more to stay home than they do to work treasury secretary steven mnuchin says the current unemployment assistance must be faced to get peopl

wright says her kids are traumatized. >> me, too. it's humiliating. it happens in front of everybody. reminds me of the song that everybody's singing, "my people don't deserve no trouble. god protect me." stories like that. death of nick cordero. not a great way to start a monday. here we are. you also have a story -- we've lost another great name in the music movie world. we may not know the name -- >> indeed, italian composer ennio morricone. his name may not sound familiar, but you know his music. ♪ >> everybody is looking at their tv and going, oh, yes! he was best known for the 1966 western "the good, the bad, and the ugly." he wrote for more than 500 movies and tv shows over five decades. he died early this morning at the age of 91 after breaking his leg in a fall. it wasn't just the westerns. he was known for "the untouchables," great film, tarantino, yes, indeed. >> his score for the 86 "the mission" was noted as best of all time. and fun fact, spaghetti western, what the critics called those old eastwood films and others lik

our washington correspondent morgan wright reports now if the tax returns do get released. it will not be until after the november election. >>in their last decision of the term the u.s. supreme court said congress needs to find better reasons for looking into president trump's tax returns a path that the supreme court has laid out is one that clearly achievable by us after the ruling house speaker nancy pelosi said democrats will keep working to gain access to the president's finances. plus he says the ruling upholds congress's authority to conduct oversight of the president is not above the law so i think one is with the center for american progress. he says the ruling is a mixed bag congress can subpoena. >>these type of records. but ultimately they remanded the case and told the lower courts to apply a four-part test and was says that decision is a blow to presidential accountability but in a related case, the court ruled in new york state prosecutor has a right to see the president's finances criminal investigation against him. >>can proceed. and the new york grand jur

laura wright.> the u.s. ordering the closure of the consulate in houston, it estimates tensions between washington and beijing already under heavy strain. the global times newspaper tweeting the chinese response will cause the u.s. real pain. the south china warning post warns you china may close a u.s. consulate. global coronavirus cases. and accounts for nearly half of all confirmed infections and 40 fatalities. it is the biggest -- france has recorded its biggest daily increase in deaths. italy is targeting 25 billion euros of extra spending to rescue the economy hit by the coronavirus pandemic. a senior official says the government has approved the plan which now goes to parliament. this extra money be used to help his misses and provide subsidies. providebusinesses and subsidies. global news 24 hours a day on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. matt: we have got some breaking news from repsol, more

laura wright.ar 1900 dollars an ounce, edging closer to its all-time highs set almost nine years ago. the mobius capital partners cofounder mark mobius says gold is an attractive asset to hold right now. he spoke with bloomberg on emerging markets and the precious metal. interest fact that as rates have gone down, the emerging markets rates with sovereign debt and corporate debt can also move down. amount ofthing is the money the world bank, the imf and other organizations are putting into these markets to enable them to pay back their debts and do infrastructure spending. within the countries themselves, they have been increasing spending, taking a lot of the budget which will be greater. theas been pouring into markets. i think it is a combination of these things that led to an increase. the interesting thing is gold has done just as well as the equity markets. i noticed that although gold lagged since the beginning in march this year, until now, gold has lined the s&p 500 -- lagged the s&p 500.

and so in some ways jeremiah wright stands in as a kind of charge point for that question.e comes out of a kind of strain of african-american pastors in thinking black liberation, theology, where there were many radical sermons which were excerpted and lines taken from them that become a huge political problem for the obamas. but he was also a man who, for a time, had quite a bit of influence on them. president obama takes -- when he is in the u.s. senate takes the title of his second book,o dasity to open comes from the sermon and the reverend is talking about the idea of not having very much but hoping anyway and holding on to hope. and so these are some of the kind of ideas that connect them to him and the church but when this breaks open in the campaign, if we all remember, there is really a large national conversation about race that begins. >> they were married in 1992, the first daughter didn't arrive until 1998. what was life like for the young people in those six years. >> they were working very hard. at acertain point i think barack obama helped persuade michelle

our washington correspondent morgan wright reports now if the tax returns do get released.t will not be until after the november election. >>in their last decision of the term the u.s. supreme court said congress needs to find better reasons for looking into president trump's tax returns a path that the supreme court has laid out is one that clearly achievable by us after the ruling house speaker nancy pelosi said democrats will keep working to gain access to the president's finances. plus

>>other crowded indoor gatherings reporting in washington, i'm morgan wright. >>coming up next on the kron 4 morning news more airlines are cracking down on passengers who are not wearing mask which airlines are now enforcing mask orders. >>welcome back everyone the time is 4.44 time to get an update on that friday forecast now with dave spahr day a good morning robin good morning everybody live shot from sfo in a pretty good one at that no delays being reported there. so a good off to a good start but we do have a little bit of fog that will actually intensify over the next couple of hours a little bit before it starts to roadway. we've got the 50's up here the north bay 65 for 58 or so for livermore 61 conquered and complements of an onshore wind we'll see temperatures not as generous going on for us as we see in the central valley, let's get to the tropical stuff are going to basically from east to west on this. this is guns all max winds on this tropical storm strength as you can see about 60 as we go forward to the period a strike in the windward islands i

our washington correspondent morgan wright has a look. >>we. >>should never left town in connecticut senator richard blumenthal wants the senate to cancel the rest of its july 4th recess and return to take up the coronavirus relief package passed by the house 7 weeks ago we are. >>up to our necks not only a health care crisis. but also and mc hammer to see blumenthal says senate majority leader mitch mcconnell is failing to prespond to the pandemic >>most serious catastrophic crisis or my time. >>a virus is stopping and so congress should stop. >>marilyn senator chris van hollen agrees senate lawmakers have work that can how this is not a part of this will take van hollen says the bill called the heroes act would provide aid to state and local governments increase testing and give economic relief to american struggling to put food on the table the push to cancel the recess comes as covid cases surge across the country with more than 50,000 new cases reported on tuesday. we had hoped. >>we'd be on the way to say. a good-bye to this a health care

>>i'm morgan wright in washington coming out as sports look to rebound during th >>american professional sports leagues are all working to get back on the quarter the rancor the field but but about putting fans in the stands says our washington dc correspondent morgan wright reports now based on the cdc guidelines. and what government guidance. there is it looks like many sports fans we have to wait until next year at best to cheer on their favorite team in person. >>these stadiums could be places literally thousands of people get infected. >>as professional sports leagues find ways to play during the pandemic connecticut senator chris murphy says cheering fans should not be part of the plan i don't think it's any circumstance which fans should be back in football. stadiums murphy says watching on tv or through enhanced virtual experiences may fans get this season, i want to get back into the stadiums along go see the red sox at fenway i want to go. you see the huskies play campbell, i just i just couldn't live without doing that for you really depends on the risk. >>that's the nfl. the

>>i'm morgan wright in washington more targeted direct payments could >>good morning welcome back the coronavirus emphasized the need for computers and now lawmakers want to get these devices into the hands of many americans and they have new legislation to tackle that our washington dc correspondent basal john has more. >>american zi computers more than ever because of the pandemic. >>error surplus computers or computers that may not look need no longer be needed by a federal agency but yet still have significant utility virginia democrat abigail spanberger introduced the computers for veterans in students act which would provide for forbids government computers to veterans students and seniors and the pandemic has made clear just how reliant so many of us are on computers for everyday functions at home, virginia republican rob wittman is co-sponsoring the bill and he says the demand grows each day pursue an education for them to be employed. >>so all those opportunities come with miss connectivity that comes through having a computer. >>the bill expands on the program from the clint

withers' photograph of wright defiantly pointing at emmett's murderers captured a moment, a black man bearing witness to racial terror in the courtroom. >> the ernest withers photo of moses wright, standing up at the trial of till's murderers, is taken certificate repetitiously. i think that's the number one image people remember. >> the trial lasted 4 1/2 days. one journalist called it the first great media event of the civil rights movement. >> i've just received information of an acquittal in the murder charge of emmett till. >> after little more than an hour of deliberations, the all-white jury acquitted both defendants. >> it took 67 minutes. and one juror said, it wouldn't have taken us even that long except we stopped to have a soda. >> while the defendants escaped punishment, they would not escape judgment. after the trial, this man, journalist william bradford huey, persuaded them to sell their true story for $4,000. huey sold the story to "look" magazine. it's the ultimate insult to injury, having just gone exonerated in this sham of a trial, only to, with no fear of double

that's get to the bloomberg business flash laura wright.ed up -- they were largest tech company a stock split after shares emerged 80% in the past year. the next iphone will be delayed by a few weeks. facebook is rebounding from a pandemic drop in digital advertising. second-quarter results topped estimates with revenue rising 11%. the social network lost 2.7 billion in monthly attributes over the next three months. alphabet's revenue fell for the first time in the company two decade history. pulling back on spending during the pandemic. up sales were down 8% over the next year, but they were picking up by the end of the quarter. google and youtube continue to be strong. amazon has crushed expectations, posting a record profit for the quarter. the online retail giant spend more than $4 billion in the three months. cleaning where houses and keeping employees at work. it seems to have paid off as customers switched to buying groceries and supplies online. that is the bloomberg business flash. francine? numbers: euro area gdp have highlighted

david wright, abc news, new york. >>> when we come back, the marina inferno. investigation under way. after several docked boats went up in flames. stay with us. up in flames. stay with us. a heart attack or ? even if you're on a statin? statins may lower some risks, but may not be enough. that's why science delivered vascepa. for people who have persistent cardiovascular risk factors and take a statin only vascepa is clinically proven to provide 25% lower risk from heart attack and stroke. don't take vascepa if you're allergic to icosapent ethyl or any inactive ingredient in vascepa. tell your doctor about any medicines you take, and if you are allergic to fish or shellfish. stop taking vascepa and seek medical help if you have symptoms of an allergic reaction. serious side effects may occur like heart rhythm problems and bleeding. heart rhythm problems may occur in more people with persistent cardiovascular risk or who have had heart rhythm problems. tell your doctor if you have symptoms such as irregular beat, lightheadedness, dizziness, shortness of breath

i'm pleased to say i am joined by mark wright, from the humber doc barand joined by mark wright, from joining humber doc bar and grill. thank you forjoining me, because i know it is a busy day for you. how important it is today? it is hugely important. we're really excited about today, just to get things back to normality. we are looking forward to welcoming customers, locals and new customers. we are really looking forward to today, and hopefully it goes really well. how important it is today for the future of the business? massively important for the pub industry. it is a part of the pub industry. it is a part of the british culture, and one of the main attractions in hull. you see yourself it is absolutely hugely important. what to expect later on today? i saw your telephones were ringing off the hook. a bit slow to start with, but i think people are queueing up to get their haircuts before they come. but we have got a lot of bacon from four o'clock, but other than that, we expected to be quite hectic. —— a lot of bookings from four o'clock. people are excited, getting their haircu

our washington dc correspondent morgan wright has more. >>we need to make sure that those people who are hardest hit. i get the relief they need to weather the storm but the coronavirus far from being contained senators chris van hollen and richard blumenthal say americans need new nptargeted direct payments to stave off economic fallout, somebody said work and doing fine and pay their there's no reason they should be getting a payment but people who are hurting because of this should be getting the relief they need stimulus payments are necessary for families that. still struggling put food out and then holland says time is of the essence as key protections from previous bills like eviction protection and unemployment benefits are slated to expire at the end of july we still have 20 million americans out of work you could see just takes one action notes, i'm going out so all of those issues need to be dealt with as negotiations continue for the next covid package. >>new direct payments appear to be a source for common ground secretary of

>>i'm morgan wright in washington. more targeted direct payments could be coming to americans and the next covid relief package. >>and bringing it back home to the bay area traffic's moving nice and easy on the approach the bay bridge this early wednesday morning will be hi. we're glad you came in. what's on your mind? can you help keep these guys protected online? easy. connect to the xfi gateway. what about wireless data options for the family? you can customize and save. what about internet speeds that can keep up with my gaming? let's hook you up with the fastest internet from xfinity. and now with our stores reopening, we're putting healthy practices in place. come visit a store today. stop in or book an appointment online at a time that works for you. now that's simple, easy, awesome. ask. shop. discover at your local xfinity store today. >>welcome back everyone the senate returns to the capital next week and senate republican leader mitch mcconnell has promised to get to work on the next round of cover relief. r

>> reporter: police say hotel staff found anita wright's two children swimming alone friday.located wright in her car in the parking lot, she refused to give her name and room number. staff called police. >> i have a key to get in and i can show you that it work. >> reporter: wright accusing the employee and police for discrimination. >> i have no reason to tell who i am. i proved that i'm here. it was two white people sitting over there, she said nothing to them. >> reporter: officers later used her vehicle registration to confirm she had two rooms booked by her employer. the hilton hotel chain says they apologized directly to the guest and her family for their experience. hilton tells us that staffer is no longer employed at the hotel. police will conduct a thorough investigation. adrienne bankert, abc news, new york. >> adrienne, thank you. >>> let's get to some science. was it an asteroid or a volcano? scientists say they've officially answered the question, what killed the dinosaurs? >> researchers in london say an asteroid which smashed down in what is now mexico was th

get first word news with laura wright.: jerome powell is warning of the most severe economic downturn in our lifetime. he kept his message yesterday as dove adjust possible. sounded a downbeat tone on the road ahead. -- powell sounded a downbeat tone of the road ahead. >> path of the economy is going to rely on a high extent on the path of the virus and the measure that we take. i want to stress, it is too early to say both how large that is and how sustained it will be. laura: standard chartered is set to begin a new round of job cuts. sources tell bloomberg it could see several hundred positions eliminated. earnings beat estimates. less money than expected for bad loans, but the second half of the year may see sluggish growth. a $8.1 billion right down as push to cut carbon emissions and pandemic have raised questions. airbus is paring back its production of wide-body jets after burning through an added for .4 billion euros in the second quarter. it wades out the collapse in demand. biggest plane maker global news 24 hou

now let's get straight to the bloomberg first word news with laura wright.: stimulus talks are getting bogged down. mitch mcconnell's plan is to thatde shields from shields for businesses. noty pelosi says he is serious about reaching a deal. the reset -- the federal reserve has extended most of his lending by three months. we will have a policy decision later today. investors are on the lookout for any specific guidance on the path of rates. the u.k. is looking for ways to loosen its quarantine rules as restrictions on two wrist from on tourists from spain. idea is reducing the time passengers from britain stay in quarantine. global news 24 hours a day, on air and at bloomberg quicktake, powered by more than 2700 journalists and analysts in more this is countries, bloomberg. francine? campari has reported first have sales for percent above estimates. company reported an 11% drop in organic revenue as increasing home sales make up for a slump of sales in bars and restaurants. of come paricutive group joins us. thank you for giving us of the bit of your busy

let's get to first word news with laura wright.0a landmark deal billion euro of stimulus, the --ck issue joint that to the package includes 390 billion euros in grants and 360 billion of low interest loans. the agreement comes after more than four days of negotiations and required unanimous approval. u.k. households are experiencing the biggest income shock since the 1970's oil crisis. that is a stark warning from the revolution foundation. it happened after rishi sunak forecast more job cuts this year . novartis is trimming its sales forecast for the year as the pandemic has hit demand for some of its medicines. sales are expected to growth -- to grow by single digit percentage. the lowxpanding in several digits. have a broad internal research effort to buy coronavirus medicine, but across these medicines we are not looking at this as a profit driver. we have committed to do this for more of a humanitarian standpoint. added $13f bezos billion to his net worth yesterday, the biggest single day jump for any individual since the bloo

laura wright, thank you so much.lar is losing its luster and many strategists see the selloff continuing. we discussed the greenbacks outlook as the bloomberg dollar index hits a 16 month low. that's next. this is bloomberg. ♪ nejra: this is "bloomberg daybreak: europe." i'm nejra cehic in london. risk on inequities despite u.s.-china tensions. japan underperforming after being closed for holiday. the 10 year yield, steady below a 60 handle. dollar weakness, 16-months low in the bloomberg dollar index. g10 gaining against it and oil pulling back slightly but gold is the story hitting a record high. higher --eting in rocketing higher in march, the greenback is heading for its worst months since the beginning of 2018, but how much weaker could it get from here? to discuss is dani burger. what is the consensus right now? do investors think dollar weakness will last? dani: we are seeing investors piling to shorts on the dollar which would suggest this is temporary weakness in the dollar . two bits of evidence we can poin

the: laura wright with business flash for you. you on the we have aterminal -- read the headline crossing the bloomberg. dealnta said to be near a for ebay classifieds. this is something that has been talked about for a little while now. it is set to get significant combinedstake in the group. they are selling the classified business, it seems they are not stepping away entirely. set to make the announcement as soon as monday. interesting news lines coming in there. let us get back to the banking sector. we have been talking to the manager of julius baer. they have had a record first-half profits. manus cranny spoke to the ceo of the bank earlier. >> this is not just during the peak period of march and april. we have seen a decline in activities. i still sense there is a lot of dynamic. as people consider how the recovery patterns are happening in different countries. manus: the fx and the is,vatives -- my question is that hedging or client engagement? there is the treasury book and the treasury book has been revalued with a huge

now let's get to the bloomberg first word news in london with laura wright. hi, laura. hi francine. ,rising for the first time about of march to 1.4 million, but dropping slightly. the data comes as hundreds of billions of federal aid is set to expire. the u.s. economy could be at risk of a double recession. a vaccination program for the protect ait ceases to second wave of the coronavirus. twice as manyple as last flu season. at shots available for the risk groups will be available to everyone over the age of 50. disney is canceling the august release of "malan" and delaying "avatar" by more than a year. date.ime, no new release some cinemas are also having to push back reopening plans. global news, 24 hours a day, on air and @quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. i am laura wright. this is bloomberg. francine? francine: laura, thank you so much. china demands the u.s. closes it's a shame juke consulate. the government forces china to close its consulate in houston. it acts as a key u.s. post for developm

logan wright is director 0ed a rhodium. leaded the china re each and nonresidented a junk fellow with us in the trustee chair, previously logan was head of china research for medley groel in and is joining us from hong kong today. so i'll turn things over to joyce first. then helga, and anne and then logan in that order and then we'll look at questions from the audience. so, joyce, over to you. >> thank you so much, scott. it's a real pleasure to be here with you, scott, and i want to congratulate you on awe this will work you have didn't doing, look at the test issue. we look at your work closely and great group of panelist. i want to congratulate tom because as somebody who has looked at china for the last throw decade highly recommend the book because it goes through the four different stages of the cycle that china is in and what they have learn from each stage of the cycle that has caused them to really take a more gradualist approach and there's a few things that tom highlights but i think are worth -- china has never

the idea of partitions that leave up space goes back at least to frank lloyd wright, who championed it building in buffalo, among others. he thought these restrooms would be easy to clean. at bradley international airport in connectcut, the new bathrooms are private and touchless and even featur a light outside the stall to tell you if it's being used. and these new bathrooms aren't just more private, they might well be much safer. scientists have been studying what happens when a toilet is, pardon me, flushed. this animation from the journal "physics of fluids" illustrates what is called the plume. >> well, i think that you want to make sure that microbes aren't escaping the toilet when you flush it. >> reporter: jim walsh is the vice president of product marketing at the american standard company where they're racing to figure out how to eliminate the plume. >> so what do you do to combat that? >> it's all about the velocity, angles and design of the toilet that's receiving it that limits the splash. >> reporter: the plume project is a work in progress, but for now businesses are doi

laura wright in london with your first word news.n, the cfo of joins us for an exclusive interview. we will discuss earnings and the impact of the covid crisis. this is bloomberg. ♪ matt: welcome back to "bloomberg market: the european open." hundred 20 minutes from the start of cash equity trading across europe and the u.k.. daxing at gains on ftse and futures. sticking tosa is its financial outlook even after profit slumped in the first half of the year. speaking to bloomberg, the ceo explained why he is optimistic about the second half of 2020. makes us confident is that over the last six years, we worked extremely hard to use the breakeven point of our company and it is around 50% of our revenues so we've become a very resilient company, very agile and the numbers for the first half of 2020 just demonstrate this resilience, hence the fact we have a very strong conviction that we will respect this guidance that is an average over two years -- three years. it is all weather guidance and we will stick to it. 2020esults in h1 demonst

david wright has her story. >> i'm 94 years old and well and healthy thank god. >> reporter: she was just 17 when pearl harbor was bombed. >> built b-17s and boings at seattle in world war ii and in the korean war i worked zwl o. >> reporter: one of hundreds of american woman who became heros on the home front taking jobs on assembly lines while brothers and sons went off to war. rosy the riveter, immortalized in poster, and song. ♪ she's still working today. >> i just worked the rivets now i'm working with the sewing machine. >> right. >> reporter: making face masks these days. more than 300 so far. >> that's a nice one. >> this is my favoribandanna, helpful to rosie for keeping her hair out of o machinery. now it has an entirely new purpose in the age of covid-19. >> it seems to me that wearing little face masks is not a big sacrifice. but that's just my opinion. >> reporter: the message still the same. >> i think that you are going to have to make a new poster with one of these. >> right. i got that. >> reporter: we can do it, if we all do our part. >> we can do it. >> reporter: d

they also met betsey wright in that campaign.nd betsey wright was furious with hillary for, you know, advancing bill clinton's political career instead of striking out on her own. but hillary pulled back from that. she was much more interested in, you know, making it a twosome. >> betsey wright later became bill clinton's chief of staff as governor of arkansas. but yes, 1972, taylor branch and bill clinton were very young. and they were running texas for george mcgovern. they've been hired by gary hart to run the state. and he brought them in there because neither of them was from texas. and texas was a political mess for democrats at that point. there was huge split between the progressives and the conservatives. and they thought that these two kids would at least sort of be able to diffuse some of that. it was an enormous learning experience for both of the clintons. hillary was actually stationed most of the time in san antonio. bill was in austin running the campaign. he not only did drive hale boggs to the airport as the cal

laura wright in london.rtunity to expand, reporting a revenue for the quarter that beat estimates and now it is adding 200 new routes and redeploying 22 planes for different markets. it hopes to emerge as a structural winner. jozsef varadi from wizz air. i want to ask how worried are you about the resurgence of cases? we seen the u.k. asking travelers coming from spain to self-isolate for 14 days. how much could these measures impact the business you've already seen recoup? jozsef: thanks for inviting me. we are seeing a changing situation. we wereto believe fairly into a crisis but there is a recovery coming and we will be seeing more stabilized circumstances. i think it should be expecting things could improve and deteriorate quite quickly. it depends on the markets. we are talking about spain as a good example. spain did well in controlling the pandemic. the numbers are going in the wrong direction as some actions are taken by other countries like the u.k. to restrict travel and we should expect more and

and now he's 14 and he's going with his uncle who'd been up in chicago, moses wright, and he goes downto mississippi and spends time with his cousins, works a bit at the harvest. it's cotton-picking time. and after he's there about a week he goes to a local cross roads store with his cousins. they drive over in money and this story is told many, many ways. and that's one thing about the emmett till story. yes, there are facts we know, important facts but there are also facts we don't know. and people fill in gaps and sometimes it's not so much they're wrong but the way we tell the story. people tell it story for particular meanings, to try to derive particular meanings from them. i'm not post modernist, don't worry. there are things you can't know. he goes to briiants grocery store in money, mississippi, with his cousins. and they go in one by one, buy a few things. there are a few young men playing checkers on the porch. and emmett till is in for a minute or so and we know he goes in, and the woman comes out and starts going to her car to get something, a gun she later says. and on th

wright, whowilbur are looking down and you are going to see some planes like you have never seen before we built them better than anyone in the world,, the greatest air force the greatest fighters, the greatest everything, you're going to be seeing something, i just wonder what orville and wilbur would have been thinking if they ever got to see that, but they are looking, they are checking it out right now along with us. amelia earhart. [applause] athlete no matter where he went he was the best athlete, jackie robinson. patton. patton, general he did not know how to lose. general douglas macarthur. audie murphy.- the great billy graham. king.rtin luther [applause] president ronald reagan. [applause] christa mcauliffe. .nd antonin scalia a a few of the people we will be naming and things are subject to change but once we make that decision, those great names are going to be up there and not coming down. they have just been an incredible group. and we are going to do this in a very democratic way, frankly. we are going to take names and suggestions and have committees and pick the greates

reporting in washington, i'm morgan wright. >>we're already seeing increased sunshine as of this point compared to where we were yesterday you can actually see the golden gate bridge from citrus our something that the cloud cover blocked out for your monday >>9.28 right now and we're checking out the weather has the day shaping up so far looking really good so far lots of sunshine over berkeley, brighter skies than we had at the same point yesterday and temperatures on the cool side which is always nice open up those windows let the cool air in at the coast. you do have fog that will remain even into the afternoon rest of us though lots of sunshine well through the day right now temperatures mostly in the 60's at this point, dublin and pittsburgh you're at 66 degrees right now oakland conquered fairfield in the mid 60's. while 50's holding on in berkeley and to iran. later today, san francisco rises to 67 oakland at 71. while san jose even cooler than yesterday in the low 80's. dr. >>thanks a lot john it's 9.29 and the governor

reporting in washington, i'm morgan wright. >>us airlines are out with some dire warnings about their business and california is gaining jobs faster than many other states. jane king is live in new york with those stories. hi jane. the jury of good morning. yes, unemployment is recovering in california. the u.s. economy added a record shattering number of jobs in june a bit of resurgence of the coronavirus could be leading to an uneven recovery in the labor market have says california actions in the top 10 states in the nation in terms of job recovery but that could change after the announcement yesterday afternoon from governor newsome that to california. >>is at least partially blocking back down for a watch box office earnings will drop by as much as 70% this year because of the pandemic that's going to in canaan partners, disney's milan also christopher nolan's were supposed to be out and kind of get the late summer box office and boost that they've been delayed multiple times and september is now seen as the earliest date

to take up the next coronavirus relief package ahead of schedule washington correspondent morgan wright has more. >>we. >>should never left town in connecticut senator richard blumenthal wants the senate to cancel the rest of its july 4th recess and return to take up the coronavirus relief package passed by the house 7 weeks ago we are. >>up to our necks not only a health care crisis. it also and mc hammer to see blumenthal says senate majority leader mitch mcconnell is failing to respond to the pandemic >>most serious catastrophic crisis or my time. >>a virus is stopping and so congress should stop. >>marilyn senator chris van hollen agrees senate lawmakers have work that can out this is not a part of this will take van hollen says the bill called the heroes act would provide aid to state and local governments increase testing and give economic relief to american struggling to put food on the table the push to cancel the recess comes as covid cases surge across the country with more than 50,000 new cases reported on tuesday. we had hoped. >>we'd be on the way to say. a good-bye to this

police reform bill authored by south carolina republican senator tim scott has called for morgan wright reports now house democrats say demonstrators demands for reform in the wake of floyd's death. it's more than a moment. it is a movement. >>i don't think they're going to rest until we do the right thing. rhode island congressman david says only nice as americans demanding justice for police brutality won't stop until congress passes meaning for police reform banning choke calls to making sure all officers had body cameras. given police departments, the tools they need to hold bad officers accountable, this is only nice as the george floyd justice and policing act already passed by the house would do just that but the senate has in touch the bill what they can't do is try to stop the american people think they've done something about this serious problem in our country there's this idea where sometimes you just have to lee. >>connecticut congresswoman john hayes says house democrats won't give up i think the american people are not willing to accept less house democrats say they're re