gm determining when they will be able to fix the problem. a gm manager in canada spotted the potential safety hazard last december. >>> still ahead, a bullet to the badge that saved a police officer. what lead to an officer thanking his badge, tonight. comfort food... you've had a good long run. but your time is over. it's time for something new. something simple. grown right here in california with absolutely no antibiotics ever. food we're comfortable eating. making. serving. this is the new comfort food. and it starts with foster farms simply raised chicken. california grown with no antibiotics ever. let's get comfortable with our food again. america thought our pancakes but we knew we could do better. so we did. we made denny's new pancakes 50% fluffier with fresh buttermilk and hint of vanilla. if you disagree, the cakes are free. that's the denny's love'em or they're free guarantee. >>> very few people could travel across the globe to the world's best restaurant. what if the restaurant came to you? >> reporter: on tonight's "dine and d

gm blamed the crash on the son's reckless driving saying they fixed that ignition switch problem. >>> itt tech which has schools in the bay area is no longer allowed to with federal aid. the u.s. department of education announced that ban yesterday. itt tech has been the subject of state and federal investigation focusing on recruiting and accounting practices. department officials say it would be irresponsible to let new students enroll amid concerns about the chain's ability to operate. there are itt tech schools in tampa, st. pete and bradenton. >>> 5:24. coming up, zika's spreading while a plan for funding is put local cases are detected in florida since congress took a recess. governor scott's plan is to make it a authority for them. >> and evidence that a child was choked at school putting a substitute teacher under investigation. >> good morning, everybody. we're keeping a close eye on the bridges this morning. traffic's looking great. almost nonexistent here on the courtney campbell causeway. coming up, we're going to check your drive through pinellas >>> now at 5:30, this mot

. >>> there are reports that according to the website, the information, lift rejected gm and instead, opted for a new round of funding. gm, which is not commenting, has a minority interest in that and for some, it's too earlier this week, we told you the median hit $1 million last quarter and that's pritsing people out. adid >> the san francisco bay area is famous for its beautiful scenery and infamous for the price to live in it. just this week, two bay area residents with high powered jobs say skyrocketing housing costs are . san francisco federal credit union's ceo is taking another job in portland in large part because he pays $5 a,000 a month to rent a 1500 square foot home . >> as we looked at it, the money really goes to the city such as portland and we've been challenged here sometng that s affordable. >> he says in portland, he can buy a home three to four times as large for half as much u in mortgage. he's n 12.5% of bay area residents who moved else where ke downing, a member of palo alto's planning commission, d moving to santa ce $6200 rent of the house they share with an

the vice chair said it is like gm. what is good for america is good for gm and vice versa. that is what alibaba is going for. i think this is about giving consumers trust, a sense of choice, and that is what has been powering chinese economic revolution. it is going to be a race against time. >> back here. my question is someone that is concerned about the development and press freedom or lack there. what do you think jack ma's intentions are with the south china morning post? >> alibaba recently purchased the south china morning post in hong kong which is the major english paper. i met with jeff who purchased the "washington post." that is not really an accurate comparison for jack because jack could have fought but did it for the company. and then you think about why is the company doing it. it is taking them into choppy waters. they have had rough times in the past with tension with the u.k. hong kong is a divided society. i think joshua wong set-up a new political policy so why would you wander into that. the faction mag gene -- magazines and other stakes. the company d

tony la russa and the assistant gm would be out after two years on the job. report sites a high ranking expires after this sea -- la russa expires after this season. here's a telling statistics. if the diemond backs make a change, the d backs will be changing gms for the 7th time in 11 years. they are on pace to lose 90 plus games for the 4th time since 2009. >>> monsoon 2016. check this out. another massive dust storm creeping its way into the valley yesterday. the masswa phoenix area causing problems for a lot of drivers and bikers who were caught out in the middle of that in the road. >> it looks like a big rainstorm at first. and we saw that was just a-- rather than the storm the rain was brown and i said that's dust that's dust let's get off. >> i thought i would be able to safe especially when i couldn't see more than 10 yards in front of me. >> visibility was so low at some points headlights was all you could seech the cars coming towards you. jimmy i saw that as it was coming at us from the south and right now we are taking a live look outside quite a

both gm anne lift declined to comment. nasdaq is up a little, futures are pointing to a higher open this morning. suicide squad finished first at the box office 48.3 million in ticket sales. the movie has received terrible reviews, but remained extremely popular. >> the power of social media has reunited a boy with his lost teddy bear. this is terry the beloved stuffed animal was lost in north carolina. the boy's mother tweeted that the bear was lost at a new jersey turnpike and it. they found berry, the turnpike mailed the beloved stuferred -- stuffed animal back to alex. >> the jury could get the case today in the jury of the attorney general. >> also coming up, channel 6's says farewell to captain noah. and spent eleven months in a pow vcamp.m what donald trump said about our members of the military being captured is a disgrace. he's a war hero because he was captured. i like people that weren't captured. when you fly over enemy territory, the odds might be against you being able to come home. donald trump doesn't under

packers gm ted thompson phone today. punter tim masthay got a surprise call today...a call to the office to tell him he'd been cut! masthay went toe to toe with green bay native peter more'tell' the rookie who was released yesterday...but when jacob schum became available- after the buccaneers made "him" a cut casualty- tim masthay was given his walking papers. jacob schum will be given a long look in kansas city during thursday night's preseason finale. here's how the packers got down to today's 75 man roster limit-before harvey binford was released. tight end kennard backman-a 6th round draft pick last year, was placed on injured reserve. running back john crockett-on i.r. with a shoulder injury. ditto c jacob flores, tight end mitchell henry, guard josh walker- all on injured reserve. linebacker lerentee mccray was traded to buffalo for a future draft pick. a hairy time for guys on the bubble with cuts down to the 53 man on saturday. speaking of cuts and hairy..we give you aaron rodgers. "ive been cutting it down slow

gm ted thompson gets a ringing endorsement during his news conference..literally. that's new in sports. mary, ted. new tonight-- a local police officer knows when to take his job seriously-- and when he can cut loose. "i was very stone faced and as they approached i was starting to feel it and then it just started to take over." hear from muskego's dancing cop-- next. and-- an awkward moment at milwaukee's new mexican consulate. sfx: birds chirping powerball... one second, you're tackling the to-do. the next thing you know, life takes off. sfx: rumbling of small jet engine like way off. two-dollar powerball... from the wisconsin lottery. of a mexican consulate on milwaukee's lower east side... mexico's foreign affairs secretary wasn't shy -- taking on trump in the middle of today's ceremony. listening were wisconsin republicans who support trump, but also want to strengthen ties between mexico and wisconsin. trump's name was never mentioned-- but one of his best-known plans was criticized. he's called for mass dep of people who are here illegally. undocumented immi

tony la russa gm, dave stewart, and the standpoint assistant could be out two years. they cite the high ranking executives with direct knowledge of their planks. the contractors -- plans. stewart and watson have an august 31 deadline for options. the president is he we haven't decided -- said we haven't decided on the contract. if they change, they will be changing gms for the 7th 7th plus games for the fourth time since 2009. >>> coming up, vanessa joins us with a look back at her time covering the olympics. >> and key cardinal players i'm not jumping through hoops for a sale. a limited time only? i'll tell you whose time is limited. coupons, really? i'm still looking for their socks. seriously, you want me to hurry? oh sure, let me just drop everything for your one day sale. at t.j.maxx, marshalls and homegoods, on the brands you love, every day. it's that simple. when people ask me what it's like to win an olympic medal, i tell them, "you already know." the medals you've earned are all around you. your bronze. your silver. your gold. and liberty mutual insures them

gm is looking into buying lift. gm and lift are thing to respond to the report. gm owns a 9% stake in the ride sharing company. the information reports that the ride sharing company has decided to seek another round of funding instead. the one good thing about all the ride sharing services, five bucks for the trip. we like that. i meant cuts down on drinking and driving. >> our 5th heat wave of the year has ended deadly for three people. a 59 north philadelphia man suffered from diabetes and congestive heart failure. philadelphia corporation or aging wants people to check on older neighbors. >> they may not know how to deal with the heat or certain prescriptions don't allow them to deal with the heat. that's the dangerous part. >> you can call the heat line (215)765-9040. until midnight tonight. >> we're not out of this for couple of days. >> reporter: day 6. tomorrow will be the 90s and wednesday in the 90s and then we dip down to the upper 80s. not refreshing. let's show you what it looks like on storm tracker 6 live, no storms at this point maybe we'll be watc

will the big players be google, apple, tesla, nextev, or will it be gm, ford, toyota? i am not saying those companies will disappear, but will we see a different hierarchy? padmasree: you will see newer players that will be significant players. it is a big industry. it will never be a winner-takes-all industry. in addition to cars, the value chain itself will change. so it will become more of a consumer-driven product then it is today. there will be other new players, perhaps, and some of the old players will figure out how to stitch themselves. emily: padmasree warrior, thank you so much for joining us. ♪ ♪ narrator: skillfully transforming new technologies into a language of art, cao fei is one of the most groundbreaking artists of her generation. >> i think she is extremely talented and tenacious, and her work speaks to a universal audience. >> she gives a picture to people outside of china of what it might look like and fe l

gm and ford our selling in china today and you want to cut them off there. they don't want this proposal. detroit is doing great. this garbage about the trait -- detroit hurting it is not true. i was there this morning. there is a shortage of construction workers and software engineers. trade is booming. >> i do want to ask gary detroit is the poster child for america. it was an extraordinary town and it was ahead of the curve and they started to adopt certain policies and all the sudden they are in trouble granted one of the things that they don't have because the native detroit folks 57% are illiterate. you have some issues there. it is the skilled workers. if you want to cut that off every consumer product from the laptop to the smartphone to the tablet you want to cut it off just the way you want and it is a death sentence. if you say listen and sounds great. i will wake up tomorrow and president president trump will put it in my backyard. how do you take a job that pays for five grand in china and make it a 40 or 50,000-dollar job in america. let's talk

gm confirming it's testing out it's new self-driving chevrolet bolt, but there are back up drivers on board in case >>> when you look at it you think something is clearly wrong with a two pool. the green one is the diving pool in rio. olympic officials say they tested the water and it's safe, but we don't flow why there's been a color change. >>> and now think about the worst movie you've seen, and does anyone you know enjoy it? >> it would be hard for them to find it i think. but a new study links trashy films and people that like them intelligence. >> apparently those that like bad movies are more open to culture outside of the main stream and tend to be more educated. >>> >. for the first time since signing a one-year contract extension last friday, carson palmer addressed the media today, and had big words when ? hey, is this our turn? honey...our turn? yeah, we go left right here. (woman vo) great adventures are still out there. we'll find them in our subaru outback. (avo) love. it's what makes a subaru, a subaru. get zero percent on select subaru models during the subaru a lot t

again, according to this news site, lyft has rebuffed gm's approach to buy the entire company. guys, it would not be surprising that gm has an interest in buying more of lyft or even the entire company given the fact that ride share companies, they're the hot commodity right now talking with automakers and transportation and the fact that gm has already got a relationship with lyft would make it natural that it might want to do more and buy the entire company and according to lyft, it has no comment regarding this report. back to you. >> yeah. i was going to ask you, phil, we have seen other sort of partnerships between these companies and traditional automakers. this is a story you have been telling for a few months. >> we'll see more of this. you have vw with the european ride share company and uber and toyota. toyota with an investment relationship with uber. and you're going to see more of this in the future. the ride share companies to a certain extent in the cat bird seat. not a lot of them and the few out there have fairly sizable presence, so they're -- the value's goin

gm matt klentak explains why and an eagles defensive player talks about what his second year will be like and that's coming up in sports. ♪ what's that?! a bird? no, it's gus, the second most famous groundhog in pennsylvania! have no fear, wonder gus is here! wonder bucks! whaaa... wonder bucks, the new instant game from the pennsylvania lottery, with top prizes of $300 grand! one can dream. you can say that again. (giggles) keep on scratchin'! who do you talk to for military advice right now? i'm hillary clinton and i approved this message. well, i watch the shows. i mean i really see a lot of great - you know, when you watch your show and all of the other shows... while donald trump watched tv, as secretary of state, hillary clinton negotiated a cease fire in gaza. a reduction in nuclear weapons... took on vladimir putin... and stood up against the trafficking of human beings. a steady leader in an unsteady world. >> wildcats down the jersey shore i do mean. camera caught the whole thing. fox 29 captured this video of two boys teenagers realing a shark at ventnor city beach. hann

gm confirming it's testing out it's new self-driving chevrolet bolt, but there are back up drivers on board in case something goes wrong. >>> when you look at it you think something is clearly wrong with a two pool. pool in rio. olympic officials say they tested the water and it's safe, but we don't flow why there's been a color change. >>> and now think about the worst movie you've seen, and does anyone you know enjoy it? >> it would be hard for them to find it i think. but a new study links trashy films and people that like them with above average intelligence. >> apparently those that like bad movies are more open culture outside of the main stream and tend to be more educated. >>> >. for the first time since signing a one-year contract extension last friday, carson palmer addressed the media today, and had big words when to prove how authentic my new brewhouse bacon burger is it's awesome. amazing! what if i told you, you are eating a jack's brewhouse bacon burger from jack in the box. not this one. absolutely lying. and what if i told you... that i'm jack. whaaaat?!! no way! no!

gm saying the estimate for the industry for the month of july, 17.9 million. that's higher than many were expected and we'll get that later today during the closing bell. back to you. >> again that area is just in peek. people don't like the autos. and in the in the meantime --. stocks up. >> what does that mean? >> people just think the worldwide company. cummins. talking about the utter inconsistency of a market where if you don't go granularity, dig down deep you may miss the big picture. you've got places to go. you have heavy industrials. and you have healthcare. i'm looking for signs of what people are going to. they like tech. they like healthcare. and they like industrials. as odd as that combo is. >> speaking of healthcare, shares of aetna are up. of course here one of the keys is them going to court to try to be able to overturn the injunction against the deal or that the doj wants fair their accusatia acquisition of humana. >> i felt maybe they were waiting to see if the field was blocked and kind of play ball with the government. hey we're still th

the gm just hooked me up. send it back to you. >> he said no beer so keep that in mind. thank you very much. >>> tonight a sarasota woman is accused of stealing close to $85,000 from the girl scouts, if you can imagine. gulf coast florida. over the course of eight months she funneled the money into an unused account and used it to pay bills and buy lottery tickets. investigators say she confessed to the crime saying she was under financial hardship. >>> republican vice presidential candidate and indiana governor mike pence stopped in the bay area today. weather delayed governor pence's speech in front of a crowd of hundreds in sarasota. on stage pence gave supporters insight into what they may hear from trump's tonight promising he will still be talking about building a wall on the mexican border. >>> overcast in innisbrook, 2.68 inches falling in palm harbor, 74 degrees, that's been the story throughout the day for many. this very few. and pinellas county in particular getting a good soaking today, maybe up to 9 inches of rain estimated by doppler radar and certainly we

no, n i'm not aware of any nor is anyn the fbi >> metro gm paul wiedefeld gm pw said a team from tennesseerom nn will be brought in to helpoel track the inspections --ctions - excuse me a team will be wl brought in to help with the t track inspections.ions there's been recent talk ofbe rc using hd cameras in an attemptnm to inspect tracks around the are clock. >> ♪ >> tonight the death tollht t continues to rise after that massive earthquake hit central italy. it officials there say at leasterel 250 people are now dead with wit hundreds more injured and a rescue efforts are being slowed by frequent frequent aftershocks. more from fox's amy kellogg. keo >> reporter: rubble andr: rubbld debris now mark what had been picturesque medieval towns invao the mountains of centralal italy.it a deadly six points to two magnitude earthquake changed cha everything just afterhing jt af 3:30 a.m. wednesday. wednesday. now for a second full dayay search teams are racingacing digging through rubble usingeusi dogs doing all they can to tryry and locate survivors.urvo helping to keep them goingoi many are qui

up next the old-school method to move an ol the view from the pickwick cam on east fourth.e gm began testing self-driving cars teaming up with crews automation outfittin several chevy volt's to drive they're already tested in san francisco, gm is consideringal other cities for tests but is not ready to announce any new locations,ciis there is no targ date on when the cars could be on the streetsisar. >> when they need to make money people would run out a room in the house, and the same applies fora social media giant twitter looking to rent out space at it san francisco headquarters, putting 30 percent of the offic space for lease which is3 180,000 square feet of furnished space on four floorsfe last week twitter reported a loss of more than $100 million paymenttt time to back to school, children will need more than just pinning paper, one more difficult thing to adjust is a moree reasonable bedtime, minister to stay up later during summer then sleep-in with early starting times, lack of sleep can hurt a cleveland clinic dr. says the key is to ease back into an earlier bedtime. maybe

. >> sports direct or don bell spoke to the phillies gm about trade rumors. >> the phillies are back in action tonight starting three game series against the giants. yesterday was baseball trade deadline. when the dust is the recalled the phillies held on to free agent to be jeremy. they can make qualifying offer to him around 17 million a year, in the off season, or he can walk. gm matt clinton talked about their decision. >> we're not looking to just dump veterans for the sake of dumping veterans. that's not the business we're in. in august it will be very similar to what it is this week, if there is a good baseball trade, it provides us with the right value, we're going to pursue it, and if there is not, then we'll let the opportunity pass. >> that's all for sport, i'm don bell, have a great day. >> thanks, don, the eagles are still at training camp as nova care, but back in shorts today after a few days in full pads. new eagle head coach, doug pederson, believes in physical practices with players hitting for three, four days, before backing off. his approach, is more like andy re

gm know. bh you put a lot into that business? gm 14 years. bh when you own a business like that, is there insurance? how do you recover? gm i have insurance, but you creditors you owe money to, so it's just sad sad day in milwaukee. i'm broken hearted about it. milwaukee's a good city. with the owner of the now burned down az wholesale, at the corner of 23rd and fond du lac -- brad our coverage of the unrest across the city after an officer involved shooting saturday afternoon. this is thea looting at a liquor store near 47th and burleigh. this is just one of the several local businesses that were damaged or destroyed last night. "when the people start setting on fire, that's because they feel like they can't do anything else. that's what that means. it comes from helplessness nd they put us in office to help. i ran for office everybody is playing politics and no one is playing life." "where do we go as a community from here. do we continue with the inequities, the injustice, the unemployment, the education, that creates these by- products th

check out shares of ford and gm, both sinking. plus check ott the retailers like nordstrom and macy's getting crushed today. is the stock market telling us the consumer may be tapped out? >> i don't think so. i think first of all, retailers have all bounced since may, so maybe the sell off, it's often oversold condition. we had a nice bounce, but the auto stocks have been lousy for three years. think about it. you have in my opinion, the best vir environment in the last maybe 50 years. the stock market is basically tripped. if these stocks have gone sideways to lower over that period of time, you have to ask yourself when is the right time the own these stocks. we've had this conerer sags for a while, so i think the autos tell one story. the reteailers tell a story, bu i don't think you can say the consumer is dead. >> well, i'll tell you, the auto sector is the most concerning. i look at auto nation. mike jackson was on cnbc back in january. said 2016's not going to be a good year. he's the ceo of auto nation. he was going to res

the dbacks will be changing gms for the 7th time in 11 years... they're on pace to lose they're on pace to lose 90-plus games for the 4th time since 2009. traffic???adlib traffic now time for your money-saving monday tip.. master the monday tip.. that means you should avoid purchasing something right away.. and wait 30 days before making the decision. often times.. after waiting a month.. you'll find that the urge to buy has passed. waiting 30 days.. gives you a better idea of whether it's truly worth the money. when your reputation has taken a beating...like... say.... ryan lochte...who should you turn to?tram mai...here with that in your morning juice.. the olympics may be over...and you could probably say the career.that's not career. that's not stopping the wild-child swimmer from trying to fix his battered reputation. lochte - has reportedly lochte - has reportedly hired justin bieber's former crisis manager to smooth over his troubled waters.over the weekend, lochte released a lengthy public apology on the whole ordeal in rio.but as some wou

. >> long gm. a little of what josh said but to be more strong about it, we've been talking about peak autos over a year now and scott pointed out, plateaued between 17 million and 18 million, by any measure is a very large number. your point is well made about seven-year durations of auto loans i submit with the labor market at strong as it is those subprime loans will be good and the reason anybody would fear the automakers at the valuations josh was talking about is that if you saw a recession coming which i just don't see any signs of. what's your thoughts there? >> i don't disagree on gm. it's cheap. so is ford. cheap stocks. they've been cheap a long time and still cheap. i don't think they're bad stocks to own. i do think that you're having a problem with recoveries. i think the used car values -- look. car prices have gone up $10,000 over the last ten years because rates have been low and so your monthly payment's been the same. now you have car prices appreciate, but nobody's noticed it. g

the vice chair said it is like gm. what is good for america is good for gm and vice versa. that is what alibaba is going for. i think this is about giving consumers trust, a sense of choice, and that is what has been powering chinese economic revolution. it is going to be a race against time. >> back here. my question is someone that is concerned about the development and press freedom or lack there. what do you think jack ma's intentions are with the south china morning post? >> alibaba recently purchased the south china morning post in hong kong which is the major english paper. i met with jeff who purchased the "washington post." that is not really an accurate comparison for jack because jack could have fought but did it for the company. and then you think about why is the company doing it. it is taking them into choppy waters. they have had rough times in the past with tension with the u.k. hong kong is a divided society. i think joshua wong set-up a new political policy so why would you wander into that. the faction mag gene -- magazines and other stakes. the company d

hail is an example, gm investing $500 million in lyf t, how does this layout? do you see consolidation in this industry? at the endt to know game is. i am extremely surprised if there will be a winner take all environment, where one player ends up either through consolidation or through market domination winning the entire globe. i think we will be seen in the moment uber playing on a global basis within the emergence of regional champions, whether that is china, india, grab in southeast asia, lyft in north america, two or three players in south america, or europe, so i think for a while, there is regional domination that starts to play out. and then how those players, whether they end up merging or talking together, i am not sure, but i think what the perceivable year both future, you will see this evolution of regionally dominant players taking shape. emily: globally, how many ride hailing players do think the market can sustain? andrew: as i say, i think you probably have four or five potential regional champions that complete strongly. it is a scale game. y

reporteder ford and gm u.s. like vehicle sales in july that fell more than analysts had and to dated. concerns the market may have pete with laster's services. coming up on bloomberg markets, austerity may no longer be invoked. spending money to make money appears to be the new trend. this is bloomberg. ♪ mark: you are watching bloomberg. i'm mark barton. shery ahn: this is your global business report. british builders may be putting a waiter troubles. in jeopardy because of the brexit vote. shery ahn: south korea banned sales of nearly all the carmakers vehicles. an unprecedented warning in the u.s. about the zika virus. we will look at why that viruses so dangerous. let's begin in bricks -- in britain where the rest of vote may endanger hundreds of billions of dollars of construction projects in the u.k. intercontinental hotels has posted earnings that beat estimates. the british company owns holiday in. intercontinental says it is confident in the outlook for the full year despite some markets. terror attac

that's the gm. you can assign blame wherever you want. they acted like they had done something. they still had a quarter of the season left. it was like they crossed the finish line and you look -- 9/11? -- nine of 11? >> boom -- patrick ward dropped the microphone, resigning after two different -- two he said his vision and that of the organization weren't perfectly aligned, he doesn't have the say so he needs in the decisions aaout teams and . -- the team and players. he said pat -- joe sakic said patrick wall wasn't having fun -- patrick roy wasn't having fun coaching -- it's not fun when you are losing. >> when you are one of the best goaltenders of all time and you have two lousy goaltenders -- it didn't work out. it was about who had control of the weight -- of the sakic was trying to flex his muscles as the executive vice president of the team and patrick roy shot he's -- thought he should be able to decide who's on the ice. once patrick roy wasn't included in the draft, he said that's it for me. >> weird timing though lionel, very weird timg. >> it's never fun when you a

>> i cannot speak to gm's strategy. our focus is to get a fully autonomous vehicle on the road. we look at everything through let -- through the lens of what is going to create profitable growth and that is what we look into when investing. emily: have you driven in one of the test cars? >> oh yeah, of course. it is have you been driven. it is fun to drive. and it is fun to be driven. emily: what is it like? >> it is really fantastic. you get used to it very quickly. you do not even notice after a while if you are having a conversation with someone. emily: that was ford motors ceo mark fields. coming up dropbox may be , exploring an ipo. we will take a status check at their enterprise business. this is bloomberg. ♪ emily: dropbox considering a big leap into the public market. executives have met advisers to discuss going public as soon as 2017. this according to people familiar with the matter who say the file storage company wanted to get a sense of the valuation they could fetch from investors. that is a concern for any company, but especially dropbox. ago, the company was v

>> i cannot speak to gm's strategy. our focus is to get a fully autonomous vehicle on the road. we look at everything through let -- through the lens of what is going to create profitable growth and that is what we look into when investing. emily: have you driven in one of the test cars? >> oh yeah, of course. it is have you been driven. it is fun to drive. and it is fun to be driven. emily: what is it like? >> it is really fantastic. you get used to it very quickly. you do not even notice after a while if you are having a conversation with someone. emily: that was ford motors ceo mark fields. coming up, dropbox may be exploring an ipo. we will take a status check at their enterprise business. this is bloomberg. ♪ emily: dropbox considering a big leap into the public market. executives have met advisers to discuss going public as soon as 2017. this according to people familiar with the matter who say the file storage company wanted to get a sense of the valuation they could fetch from investors. that is a concern for any company, but especially dropbox. two years ago, the comp

partnering with gm, which i think is the right strategy. my great fear is that when lyft and uber entered the market, the price was so compelling that it drew millions of customers into the market, but unfortunately did not create a business model , with what i would describe as adequate margins to provide a return on the capital invested in them. i don't know how they get out of that box. i think that suggested a sale would be in the interest of everybody. emily: pandora. you are a musician. roger: i don't know. the music industry feels an ever shrinking business. the lack of imagination of all participants has been simply staggering. you remember back 25 years ago they had the entertainment field , to themselves with the exception of television and movies. -- that wastopped the last time they innovated when they created the music , video and put it on mtv. since then, they have done nothing that has been customer value added. we have created video games, the internet, -- smartphones social , networks and a zillion forms of entertainment a

or gm buying a company like cruise. if you are one of these businesses, for walmart, they andgetting threat by amazon their e-commerce growth has slowed in recent years. instead of doing smaller act as the shins which may not move the needle for the business, they make a boulder move and work for a company like jet which has a fresh brand that appeals to a younger demographic. buty: these are huge exits, there are companies that had big ambitions to be independent businesses. or ipo's woulda be the next exit strategy? the ipo market has been very challenging. au can't -- there isn't like pressure to go out in this environment where there has been a lot of awesome m&a. up to thosepening you areities given once out as an ipo, you need to look 20the average performance of 14 and 2015 ipo's. a payback.ou look at i know a couple of my guys who say i would rather look at m&a. do you prefer companies go the m&a route? you get a faster return and it's more a search engine. don't necessarily have control over what's going to hap

gm investing $500 million in lyft, how does this layout? -- play out? do you see consolidation in this industry? >> difficult to know at the end -- what the end game is. i am extremely surprised if there will be a winner take all environment, where one player ends up either through consolidation or through market domination winning the entire globe. i think what we are seeing at the moment is clearly uber playing on a global basis, but with the emergence of regional champions, whether that is china, india, grab in southeast asia, lyft in north america, two or three players in south america, or europe, so i think for a while, there is regional domination that starts to play out. and then how those players, whether they end up merging or talking together, i am not sure, but i think for the foreseeable future, you will see this evolution of regionally dominant players taking shape. emily: globally, how many ride hailing players do think the market can sustain? ndrew: as i said, you probably have four or five potential regional champions that can compete st

we have the gm of uweb brazil, and he joins us in olympic park. it's great to have you here. >> great to be here. >> somebody made the point this is the first olympics of the sharing age, right? is it a bit of a test case? >> for sure. this is a very special moment. we've been working really hard to make sure that tourists, locals, athletes, everyone has a safe, reliable and cheap way to move around the street. >> tens of thousands coming to the city, some might think it's all about surge pricing. >> when you have the right technology, you can actually to the the drivers where the users are going to request it. >> so surge has been -- >> relatively low levels, what we expect from every other day. >> rio is a challenging market for. for a time uber was banned by the city. where does it assistant now? >> i think the point for us is mobile. in brazil there's a demand. there's a ranking of the cities with the highest traffic jams in the world. brazil has 30 cities on the list. so you do have demand. and when you have demand and supply, you have a perf

. >> hail is an example, gm investing $500 million in lyf t, how does this layout? do you see consolidation in this industry? >> difficult to know at the end game is. i am extremely surprised if there will be a winner take all environment, where one player ends up either through consolidation or through market domination winning the entire globe. i think we will be seen in the moment uber playing on a global basis within the emergence of regional champions, whether that is china, india, grab in southeast asia, lyft in north america, two or three players in south america, or europe, so i think for a while, there is regional domination that starts to play out. and then how those players, whether they end up merging or talking together, i am not sure, but i think what the perceivable year both future, you will see this evolution of regionally dominant players taking shape. emily: globally, how many ride hailing players do think the market can sustain? andrew: as i say, i think you probably have four or five potential regional champions that complete strongly. it is a s

and phillies have some arms that they covet and you are the gm and you get a phone call, they want valesquez and 24 arm this season what do you say? >> reluctant to give him up like the houston astros when they traded him to the phillies they were interested in getting whatever it is with a panic and he is declined to get into. if they project that then you move him just like they moved ken jiles and said he was not as good as he looked at the time and they guessed right on that so at this point who cares. >> he is not a number one guy so what is the difference. >> halex. >> he can go, i thought he would be a guy that really would bring back a little more than maybe the valesquez but the interest is not as high as i thought it would be. >> find out at 4:00 tomorrow. speaking of the phillies took on the braves this habit in atlanta this evening and should have kept him around. >> see the pitch where it was? >> 2-0 braves and 8th inning and home run. brady. it's getting a little deal here and phillies down 2-1 and 9th inning carlos and the last man standing, five years ago he would have hit th

./// ((michelle mortensen)) >>> we're getting close to finding out the name las vegas's >> and new gm bill foley is wasting no time after trademarked a few names, we'll take a look at some of those names coming up on good day./// ((demetria obilor)) after disney released the official trailer.. . for the brand new "star wars rogue one" the new movie is set just before 1977's star wars a new hope... when the jedis are all but extinct and the old republic is in turmoil. rogue one stars felicity jones, starred in the theory of everything. she plays a rebel tasked with finding out what the death star is and how to destroy it. the movie is due in theaters in december./// sherry how's the looking to increase the heat this weekend across the west and that's not good news for the wildfires or those wanting to ............ dry and hot air will stay over our area and temps rise quickly into the weekend. .. today back above normal to 105. yesterday we stopped at 102, so we didn't keep it to the 90s again. .............. the dry westerly flow will stay in place until next week when we may see some

>> i cannot speak to gm's strategy. i can only speak to ours. our focus is to get a fully autonomous vehicle on the road. we look at everything through the lens of what is going to create long-term shareholder value for us and profitable growth and that is what we look into when investing. emily: have you driven in one of the test cars? >> oh yeah, of course. it is actually have you been driven. it is fun to drive. and it is fun to be driven. emily: what is it like? >> it is really fantastic. you get used to it very quickly. you do not even notice after a while if you are having a conversation with someone. emily: that was ford motors ceo mark fields. coming up, dropbox may be exploring an ipo. we will take a status check at their enterprise business. and see if the startup is ready for the public market. this is bloomberg. ♪ emily: dropbox considering a big leap into the public market. executives have met advisers to discuss going public as soon as 2017. this according to people familiar with the matter who say the file storage company wanted

no one in the pros is getting drafted and he hardly played the game, but former buck near gm thought why not bring this guy in. should have pretty good foot speed. he washinged hard and kept working. event youthly taking over, he signed a three year extension for $16.5 million. not a bad chunk of change. >> everything i had in life, i worked for. i came in rookies. i had to work myself up. i think work hard, a guy that has to stay humble get unhumbled. i think having things come hard, it keeps me up be every day. it keeps me on my knees. >> >> rays had the third worst record of baseball. you would never know it listening to the team owner, when asked by the tampa bay times reporter about the job, manager is doing, he said is ecstatic with the job silverman is doing. maybe he is grading on a curve i have never seen before. >> usf quarterback flowers has a lot of people watching him. he was added to the watch list. so, good for him. he may have a great year. >> good list to be on. >> continuing coverage of the das website. >> we'll see you right back z22pnz zy6z y22pny yy6y >>> tonight

duke: gm brian asked about the remainer of a-rod's contract. >> he gets everything he deserves. the contract that he negotiated in full force. duke: a-rod will be paid for the year, and all of next year by the yankees that is roughly $27 million, important to note, he is not retiring, he is being released. and yankees would not stand in a-rod's way if he changes his we'll have more on "sports extra" presented by toyota 79 resting legacy. christina: do you think he will play for another team? duke: i think, he can contemplating it, i think if in is an offer and it fits, i would not be surprised. he never said this is his final major league baseball game. christina: watching and waiting. antwan: news abo spreading quickly, among yankee fans with whom alex rodriguez had a love-hate relationship, the react was mixed. >> i think they are giving him a bad deal. >> why. >> you know, he has an opportunity to play. you pay him, might as well use him. >> he was a good during his years but now it's time for him to go i guess. him go. a rod is one of the all-time greats. >> the next generat

i will show you where it's >>> a recall alert for gm owners. the automaker is recalling to fix a defect the part that could keep the windshield wipers from using -- from working. it includes chevy equinox and gmc terrain. chevy plans to cover the cost of those repairs. >>> now to an emergency in kansas they got nearly 7 inches of rain and the city shut down in some areas. roads were impassable and lakes were created in parking lots. they were roaring rapids it ri hour. rescuers stranded residents. some even from the roofs of their cars. >>> back here at home it was a steamy day. he said there was some severe weather that could be moving into our area. >> we are seeing much lighter rain as of now on the west side but it's prompting severe thunderstorm warnings. i will show you what's happening and interrupting some saturday this storm line is on the southwest of us. it's moving to the north and east. here is your severe thunderstorm warning for richland and ashland county's going until 7:00 pm tonight. it is mainly affecting richland county and

now, you may remember metro's gm said that that same issue was partially to blame for a train that derailed near the east falls church station just a few weeks ago. now, this weekend will be followed by singlen thee between franconia-springfield and the van dorn station. now, one of the options that is being offered by metro for commuters is free shuttle buses to get around that. now, surge eight of safe track will continue to impact people through september 11th and meanwhile, officials here in fairfax county are warning people and reminding you that this could all mean additional crowding here at the station. also on the trains and additionally, on the roads. so, what they're asking is that if you can, perhaps consider car pooling instead rather than driving on your own and avoid the metro, if possible, so perhaps if you have the option, work from home. reporting live in springfield, alexandria limon, fox5 local news. >> all right, alex thank you so much. >>> well, did you see the game? burgundy and gol defeated the buffalo bills last night atie >>> the season home opener is september 12t

gm jason light called him a cornerstone player all though this day may have seem add little doubtful after his knee injury last year. but todayson knows he earned it. >> i came in pair of cleats out here. i had to work myself up. that's what god made me. you got stay humble. maybe if i get things too easy i get unhumble. >>> news channel 8 your official buc's station will bring you the bucs and the jags on saturday night 7:30 p.m. and like the last game we will broadcast the game on the great 38. cable and satellite channels >>> the tampa bay rays returned home tonight against the padres. drew smiley will be on the hill for rays facing a team he's never played before. could be good news for him though they've never seen him either. they're coming off two and four road swings. the rays home for ten straight games. >>> and to boos and cheers alex rodriguez said good-bye to baseball in new york against espn is reporting that he will be a marlin after he clears waivers. a spokesperson for rodriguez said that he will not be playing for a team this season. saying he wanted to put the rue n

people might shake their head there or gm buying a company like cruise. if you are one of these businesses, for walmart, they getting threatened by amazon. their e-commerce growth has slowed in recent years. so instead of doing these smaller acquisitions which may not ultimately move the needle for business, they decide to bolderboulder move -- move and work for a company like jet which has a fresh brand that appeals to a younger demographic. emily: these are huge exits, not to take away from them at all, companies thatad had big inventions. do you think m&a or ipo's would be the next exit strategy rather than -- >> the ipo market has been very challenging. on five ipo tech so far. so you are looking at what is going on in the actual market, bankers saying, you can move, you can go. there is pressure to go out in this environment where is it feels like there has been a lot of really awesome evan day, whether it is cultural or enterprise. -- m&a, whether it is cultural or enterprise. so you need to perform, look at the average performance of a lot of the i

gm officials downplaying the report saying they don't see it as a, quote, significant risk. officials also volkswagen are working with researchers and some new models are not vulnerable. >>> there's a square mile of land in miami that is home to all of florida's new zika virus cases. according to the governor, it's in miami's wynwood neighbor and the state has reported more than two dozen locally transmitted cases of the virus. those are cases in which mosquitoes in the area bite people, not when people get zika from somewhere else. for further south to the east in puerto rico the number of seek seek cases higher. nearly 2,000 in the that brings the total there to more than 10,000 cases. including more than a thousand pregnant women. doctors have linked zika to severe birth defects, as you know, and just yesterday the u.s. surgeon general says he expects a quarter of all the people in port reek cove will get zika bit the end of this year. two dozen people ended up in the hospital after a plane ran into intense turbulence. one woman says it felt like they plummeted 50 stories

(clap, clap, ding) >> packers gm, says he supportse players und fire for a report claiming they used the investigation by thursday, august 5, or be suspended. >> i am sure there's a lot of people who don't understand what's going on. that would include probably most in this room, including me. it's more complicated than you want it to be. i think more people pipe in, and especially someone like me, into the les likely work it out. >> our good buddy, lead the racing [inaudible]. and to honor dennis arnesko. >> this radio show started 32

both ford and gm july numbers came in weaker than expected. we're still waiting on the final come a seasonally adjusted, analyzed rate tabulation once they are all in and they apply the seasonal adjustment. on this oned of meh area that had been strong. scarlet: if you break down auto sales on cendant's versus light trucks you see a different picture pat light trucks, suvs continue to go straight up. oliver: i have another one. ferrari did well thanks to big chinese buyers. that is interesting about autos. different types of people by different autos. some of the really expensive cars are doing well because some of the really wealthy people -- scarlet: you could argue within the u.s. if you are talking about low gas prices and low interest rates, it has done as much as it could possibly do at this point. oliver: sure. i do not know him and by looking at gas and go out and buy a new car. anyway, i'm looking at the trading range put together by team, --nal the stocks and turn on the stocks team, showing how tightly we have been trading on the s&