jason: i'm jason kelly. we are here at bloomberg headquarters in new york. carol: this week, what rupert murdoch plans to do after they sell out to disney. jason: plans to create the world's largest home living operation the world has ever seen. carol: trouble building homes for low-income residents of new orleans. jason: we begin with a long reach of the last economic crash. joel weber joins us now. so much to dig into now. it has been 10 years. joel: we want to take all of your real estate dreams and anxieties and take them in one place and contain them for you. jason: the scope of this, how do you choose what stories to tell in this case? joel: you have to start with the long reach of the last crash. we are barely 10 years after that and we are still feeling the effects of that at peter writes in the opening essay. that is primarily a phenomenon that comes from the lack of homebuilding. a derth of inventory. that has pushed prices to a point that a lot of people cannot afford to actually get in the game.

jason: and i'm jason kelly. we are here at bloomberg headquarters in new york. carol: this week, what rupert murdoch's kids plan to do after the media mogul cashes out to disney. jason: plus, a special focus on real estate, including plans to create the world's largest home flipping operation the world has ever seen. carol: the trouble building homes for low-income residents of new orleans. jason: and we begin with the long reach of the last economic crash. bloomberg businessweek editor joel weber joins us now. so much to dig into here. it has been 10 years. joel: we want to take all of your real estate dreams and anxieties and just put them in one place and contain them for you. and we did. then: it is amazing, stories to tell in this case? -- jason: it is amazing, the scope of this. how do you choose what stories to tell in this case? joel: you have to start with the long reach of the last crash. all right? because we are barely 10 years after that and we are still feeling the effects of that, as peter coley w

jason: and find us online. in the u.s., a contrarian take that american workers have less leverage with their employers. carol: we heard how workers and activists are finding new ways to get what they want. >> i wanted to know what was going on. how come if unions were dead and the american labor movement was dead, why am a all of a sudden, did we have workers speaking up and getting what they were asking for. carol: what did you find out? >> the labor market is tight, which gives workers a little bit more among seed they might other might have -- moxie than they might otherwise have. social media makes a huge difference because it gives people a way to find each other. facebook, co-worker.org, deep in the threads of rent. -- reddit. it allows them to make their case to the public, which companies have become sensitive to. jason: an interesting thing is you talk about different generations having different approaches, but ultimately similar approaches to just wanting a fair workplace. increasingly, it is younge

." ♪ jason: welcome back. carol: you can listen to us on the radio on sirius xm and on a.m. 11 30 in new york. and in boston, washington, dc. jason: and in los angeles, london, and our app. carol: in this issue, another line drawn between washington and beijing. >> when arrested in canada in december, president trump admitted as much that she was a bargaining chip, as far as he was concerned. as was always larger treatment in the trade war. it was a little more complicated than that. when you are seeing in the charges laid down by federal prosecutors. they are circulating a lot of old complaints from members of congress and the intelligence communities. they were a front runner in china's efforts to build 5g. it has been seen as a significant threat amongst u.s. intelligence agencies and businesses, as far as what the next internet will look like. carol: this was the u.s. justice department taking this action. what kind of support do they have from allies? >> for a while, the u.s. has been pressing allies to c

jason: this is "bloomberg: businessweek." ♪ ♪ jason: welcome back. carol: still ahead in this week's issue, restaurants pivot to delivery in plate optimized lunches. jason: and facebook falling behind in hollywood. carol: we begin in remarks, opening the magazine is a reminder of a real and present threat. jason: we are talking about nuclear war, takes you back to hiding under our desks, but it is still out there. what inspired this? >> february 2, a nuclear arms treaty will not be re-signed by president trump. that opens up a window into a continuing problem in the world, which is arms race. without that that was over in the cold war and we are in a new version now. carol: it takes a long time to get there, but it kind of keeps people in check. >> what is happening is that as these trees expire and don't get renewed, there is a whole new brinksmanship that starts to develop. carol: this article reminded me that most of the nuclear weapons are owned by united states and russia. >> that is what we have talked about for decades, that this brings the ch

jason: and i'm jason kelly. we are here at bloomberg headquarters in new york. carol: this week, what rupert murdoch's kids plan to do after the media mogul cashes out to disney. jason: and plans to create the world's largest home flipping operation the world has ever seen. carol: trouble building homes for low-income residents of new orleans. jason: and we begin with a long reach of the last economic crash. bloomberg businessweek editor joel weber joins us now. so much to dig into now. it has been 10 years. joel: we want to take all of your real estate dreams and anxieties and just put them in one place and contain them for you. so we did. jason: it is amazing, the scope of this. how do you choose what stories to tell in this case? joel: you have to start with the long reach of the last crash. all right? because we are barely 10 years after that and we are still feeling the effects of that, as peter coley writes in the opening essay. that is primarily a phenomenon that comes from the lack of homebuilding. it ha

jason: i am jason kelly. you can also listen to us on the radio, on sirius xm, in new york, boston, in washington, d.c. carol: in the bay area, in london, and of course, on the bloomberg business app. in the technology section, facebook has increased limits on the outside use of data. jason: but the company is ratcheting up their own data collection practices. carol: interesting story. >> for the past year, we have heard this over and over, the argument from facebook that they do not sell your data. pundits, out and say technically you do. it is just semantic arguments. you collect the data, and then you rent it to advertisers, you rent the targeting of us to advertisers. then we get into this debate over whether facebook should be doing that or not. that is what i am arguing is not the real privacy debate when it comes to facebook. the real debate is how much data are we giving them and how transparent are they being about the collection of that data? and i think some instances over the past year have shown

jason: and what happened? dimitra: within a matter of a few years of houses being up and moved into and people settling into their homes, there are several, several homeowners of the 109 or so -- 106 houses. three condo type townhouse units. i don't remember the precise numbers, but there have been many problems with the houses and serious problems. jason: not every day maintenance phase. mold issues. carol: mushrooms and mold growing in houses. carol: was it a case of, all right, these folks had good intentions. they built a lot of homes, came close to what they said they would. there were problems and they have been fixed or haven't been fixed? where are we? dimitra: some that we are aware of were addressed, but then there were ultimately decisions, like one house was demolished last summer completely. it got a lot of play locally in the local press and it was portrayed as really like the entire organization completely missing in action. that is -- one of the important things we are emphasizing in the story

." ♪ jason: welcome back. carol: you can listen to us on the radio on sirius xm and on a.m. 11 30 in new york. and in boston, washington, dc. jason: and in los angeles, london, and our app. carol: in this issue, another line drawn between washington and beijing. jason: the u.s. is accusing chinese giant huawei of stealing secrets. saw, when he was arrested in canada in december, president trump admitted as much that she was a bargaining chip, as far as he was concerned. as was always larger treatment in the trade war. it was a little more complicated than that. when you are seeing in the charges laid down by federal prosecutors. they are circulating a lot of old complaints from members of congress and the intelligence communities. they were a front runner in china's efforts to build 5g. it has been seen as a significant threat amongst u.s. intelligence agencies and businesses, as far as what the next internet will look like. carol: this was the u.s. justice department taking this action. what kind of support d

jason: i'm jason kelly. we are here at bloomberg headquarters in new york. carol: this week, what rupert murdoch plans to do after they sell out to disney. jason: plans to create the world's largest home living operation the world has ever seen. carol: trouble building homes for low-income residents of new orleans. jason: we begin with a long reach of the last economic crash. joel weber joins us now. so much to dig into now. it has been 10 years. joel: we want to take all of your real estate dreams and anxieties and put them in one place and contain them for you. jason: the scope of this, how do you choose what stories to tell in this case? joel: you have to start with the long reach of the last crash. we are barely 10 years after that and we are still feeling the effects of that as peter writes in the opening essay. that is primarily a phenomenon that comes from the lack of homebuilding. a derth of inventory. that has pushed prices to a point that a lot of people cannot afford to actually get in the game. c

jason gets out of the car. this is different from the other scenes. >> he walked up to tyler and his dad and asked them what they were looking at. they turned around and were like, "the blue truck." and that's all the words that they got out at that time. >> kalamazoo county 911. >> hi, we just drove by the kia. what road are we on? 94 business, and a guy just shot some people in the parking lot. >> jason dalton walked up to them and started to shoot, and shoot, and shoot, round after round after round, until he had shot each of them. 16 shell casings on the scene. one shot nine times, one shot seven times. >> they fell down. and that's when i ducked behind the seat so he couldn't look at me. >> that's the most terrifying thing in my mind. alexis cornish hiding in the back seat of a car, wondering how many seconds she had left in her life. >> the range rover parked, headlights on, sitting there. jason dalton is just steps away from alexis. >> he went to look at the black vehicle. and went to try and open the do

jason: this is "bloomberg: businessweek." ♪ ♪ jason: welcome back. carol: still ahead in this week's issue, restaurants pivot to delivery in plate optimized lunches. jason: and facebook falling behind in hollywood. carol: we begin in remarks, opening the magazine is a reminder of a real hasn't threat -- and present threat. jason: we are talking about nuclear war, takes you back to hiding under our desks, but it is still out there. what inspired this? 2, a nuclear arms treaty will not be re-signed by president trump. that opens up a window into a continuing problem in the world, which is arms race. without that that was over in the cold war and we are in a new version now. it takes a long time to get there, but it kind of keeps people in check. >> what is happening is that as these trees expire and don't get renewed, there is a whole new brinksmanship that starts to develop. --ol: this rhetorical article reminded me that most of the nuclear weapons are owned by united states and russia. >> that is what we have talked about for decades, that this bring

jason: and i'm jason kelly. join carol and me for businessweek every day on the radio or our daily show. carol: and you can find us online at businessweek.com and on our mobile app. jason: we are going to stay on this international cover story about huawei. carol: erik schatzker followed an fbi investigation into huawei's dealings with akhan. jason: akhan's ceo explains what -- why he thinks huawei try to grab his technology and what he thinks will happen next. >> worst-case scenario and what we have been publicly discussing some of the work we are doing. it could potentially put them in the right direction in terms of what to optimize, i would say that is the worst case in a weapon standpoint. in the best case in the context of weapons espionage, simply wanting something to differentiate them from the samsung's and apples and googles of the world and giving them that advantage. they are setting up to bring out some sort of finality to the investigation. akhan is looking to file civil litigation concurrent to it

jason? jason: thank you, mark. virginia, where three top democratic officials and one republican are embroiled in scandals, invoking racism and they me too movement. the governor, attorney general and a senator have appeared to wear blackface. while the governor has -- while the attendant governor has -- th e lieutenant governor has been accused of sexual assault. kyle is with us. let me ask you a question, because we heard about jeff bezos, and one thing he is in the headlines for, one thing that is familiar to you, business and politics colliding. amazon reportedly pulling out of its deal to put a second headquarters here in new york. virginia seems to have successfully hung onto amazon. what is the politics here, why did virginia or why was virginia successful in new york not so much? kyle: my understanding is there has been pressure in the state legislature about basically the tax giveaway for amazon in new york that has not really emerged in virginia. there was a bidding war across the country for amazon, and

jason: and i'm jason kelly. you can also listen to us on the radio, on sirius xm, in new york, boston, in washington, d.c. -- carol: in the bay area, in london, and of course, on the bloomberg business app. in the technology section, facebook has increased limits on outside use of its data. jason: but the company is ratcheting up their own data collection practices. carol: interesting. here is sarah frier with more. sarah: for the past year, we have heard this over and over, the argument from facebook that they do not sell your data. pundits come out and say technically you do, it is just a semantic argument. you collect the data, and then you rent it to advertisers, you rent the targeting of us to advertisers. then we get into this debate over whether facebook should be doing this or not. that is what i am arguing is not the real privacy debate when it comes to facebook. the real debate is, how much data are we giving them and how transparent are they being about the collection of that data? i think some instan

." ♪ jason: welcome back. carol: you can listen to us on the radio on sirius xm and on a.m. 1130 in new york. 106.1 in boston. jason: and in los angeles, london, and the bloomberg business app. carol: in this issue, another line drawn between washington and beijing. china says this is a smear tactic. saw when she was arrested in canada in december, president trump admitted as much that she was a bargaining chip, as far as he was concerned. it was a little more complicated than that. what you are seeing in the charges laid down by federal prosecutors. they are circulating a lot of old complaints from members of congress and the intelligence communities. huawei was the frontrunner in china's efforts to build 5g. it has become seen as a significant threat amongst u.s. intelligence agencies and businesses, as far as what the next internet will look like. carol: this was the u.s. justice department taking this action. what kind of support do they have from some of their allies? >> for a while, the u.s. has been pre

jason: i jason kelly. we are at bloomberg headquarters in new york. a special focus on real estate is -- including plans to create the largest home flipping operation the world has ever seen. carol: the trouble building homes for low income residents of new orleans. jason: we begin with the long reach of the last economic crash. joel weber joins us now. so much to dig into here. it has been 10 years. we wanted to take all of your real estate dreams and ends i tease and put them all in one place. we did. amazing.'s the scope of this, how do you choose what stories to tell? joel: you have to start with the long reach of the last crash. we are barely 10 years after that. we are still feeling the effects of that as peter coy writes in our opening essay. a phenomenonrily that comes from a lack of homebuilding. that has led to a dearth of inventory. that has pushed voices to a point where a lot of people can't afford to get in the game. carol: that's in a nutshell. we went from oversupply to hear, under supply. under housed phenomenon is what that essay is

jason: and find us online. in the u.s., a contrarian take that american workers have less leverage with their employers. carol: we heard how workers and activists are finding new ways to get what they want. >> i wanted to know what was going on. how come if unions were dead and the american labor movement was dead, why am a all of a sudden, did we have workers speaking up and getting what they were asking for. carol: what did you find out? tight,labor market is which gives workers a little bit more among seed they might other moxie than they might otherwise have. social media makes a huge difference because it gives people a way to find each other. facebook, co-worker.org, deep in the threads of rent. -- reddit. it allows them to make their case to the public, which companies have become sensitive to. jason: an interesting thing is you talk about different generations having different approaches, but ultimately similar approaches to just wanting a fair workplace. increasingly, it is younger people who are drivi

>> jason: we won't receive money. them >> harris: when you've got leadership in nancy pelosi, what is she telling her fellow democrats? there has to be some sort of inherent carrot or stick there. in order to get a deal done they will have to go broke. is she also going to thwart the money? politically, what's at stake here? because they will have to go broke to get a deal done. >> jason: i think her point is that it's a lot about semantics. they don't want to hear certain words. somehow, someway, red a resolun has to come. >> harris: to the real have to be happy? don't they just have to have the american people in their sites and get the best deal for all of us? >> melissa: that group in the room could definitely come up with something that would -- something for everyone, and something for everyone to hate. that's otherwise known as a deal. nancy pelosi promised early on that whatever came out of that group, that working group, she would take it to the floor for a vote. so it doesn't even have to be necessarily abou

jason: tell us about that company. one of the great bits of reported here is, being the great journalist she is, she gets right to the ceo and hears it straight from her. this has been a really successful company that has really taken advantage of this, going to say it again, the sort of zeitgeist toward wanting to do well by the world. dan: because of our tax structure in this country, solar is very complicated. in other countries people overwhelmingly buy solar systems, and they are able to do that because the government supports it in a simple manner. you want to buy it, put it on your home, they will pay you in subsidies upfront, give you rebates immediately. if you are in position to do that in our country, the system on the roof in this house was worth about $14,000, if the deceased homeowner had bought it outright, it would have been a really good deal. he would have then been able to claim a tax credit for 30% of the system the next april. claiming a tax credit is always less appealing than simply getting paid.

jason: we begin with the international cover story. a report that sheds new light on chinese tech giant huawei, and the allegations the company has been trying to steal u.s. trade secrets. weber is here with us for more on that. this they story that reminds us of why u.s. officials have so many problems with them. it is a special story because it provides a rare glimpse of something that no one has really understood. huawei islways claims a bad actor. and yet get there has been no tangible proof to show for that. erik schatzker really pulls off an incredible story with this one. the moment that he came to us with it, we said, stop talking and start writing. jason: go wherever you need to go and it takes them to vegas, there's a sorbet stand? he is undercover. joel: where this really began was an american company, called ocon, which is a glass that they thinks it will make better smartphone glass. united glass always shatters. he thinks he has the technology. andays a sample to huawei, he comes back broken, which is not supposed to happ

jason... jason. i am prominently on front page. jason... jason. iam reading prominently on front page. jason... jason. i am reading the word fillip. this is about the costs involved.” am also not a night. and i am wondering whether sir philip green should be as well, given the accusations. of course he denies it, but it is extraordinary. what a terrible face of british business and he is. he denies the allegations is that is your opinion. that is entirely my opinion. i am thinking as much about bhs as anything else. the meret campaigns for him to be stripped of a knighthood. sorry, 3 million, this comes back to what khloe was talking about earlier, this imbalance of power. if you are an extra ordinarily wealthy person with a large cheque—book you can use the courts to your advantage and those without money do not have the same recourse. i think that is something we should all be slightly concerned about. justice should be open to wall and fair to all. i am sometimes wondering in this country if it is at all —— open to all. legal aid, barri

jason: how and why? david: look, i think adam silver and the entire management team at the nba is incredible. and i think they saw this, and they saw it early, and they saw the connection that could be made between the league and the players with the fan base, given what was going on from a distribution standpoint in terms of how people were consuming media, are consuming media, and more importantly, where the trend was going. i think they nailed it and they continue to. carol: it is fascinating. this summit has been going on for 20 years, the tech summit. who would have thought this is where we would be today? and adam was on it. david: i was talking to one of our partners, michael rubin, who was trying to remember. i think he has been on a panel at every summit, he was trying to figure out if it was 19 or 20 years. again, just ahead of the curve. carol: how does technology change the business opportunities of owning an nba team? david: changing in so many ways. we talked about the social media dynamics

jason: how and why? david: look, i think adam silver and the entire management team at the nba is incredible. and i think they saw this, and they saw it early, and they saw the connection that could be made between the league and the players with the fan base, given what was going on from a distribution standpoint in terms of how people were consuming media, are consuming media, and more importantly, where the trend was going. i think they nailed it and they continue to. carol: it is fascinating. this summit has been going on for 20 years, the tech summit. who would have thought this is where we would be today? and adam was on it. david: absolutely. i was talking to one of our partners, michael rubin, who was trying to remember. i think he has been on a panel at every summit, he was trying to figure out if it was 19 or 20 years. again, just ahead of the curve. carol: how does technology change the business opportunities of owning an nba team? david: it is changing in so many ways. we talked about the soc

join jason kelly and me on bloomberg radio. check up on our daily show on our podcast at itunes, soundcloud, and bloomberg.com. you can find us online at businessweek.com and our mobile app. "bloomberg businessweek what" was in charlotte north carolina for the nba all-stars technology summit and one of the most influential names there sat with us to talk about the many hats he wears. of chairman and ceo monumental sports and entertainment, owner of the washington wizards, and owner of the capital one arena in downtown washington, d.c. started by talking to us about the explosion of e-sports. >> the nba is a platform that is no different than google or amazon. a corporate structure of the league, multiple apps, nba, league, and, summer our data that we generate is deeper, more real-time than anything you cover at bloomberg in business and industry, some just as your company grew as a platform. it started from a small group and is now a gigantic media company focused on financial services, i believe the nba will continue to grow

jason kelly and i spoke to the reporter. jason: you go back 11 years, right, and they have had -- >> you go back 11 years, and they have had real estate, but it was small. then they get presented with purchase a $39 billion deal. it doubles, more than doubles the size of their portfolio. i think almost immediately after , the signs are flashing big-time. they make up a ton after the financial crisis. billion. it has become a winner so much that everyone wants to do the blackstone model. jason: it's pretty amazing. it certainly was the pivotal year. i remember it well. 2007. on gray, the architect of all of this, sees everything happening and he is literally selling while he is buying and offloading -- reporter: it could have been a disaster. jason: and he follows that up by buying at the peak and again come up for years that looks like a disaster. they are able to navigate -- reporter: single-family homes. jason: let's talk about that. reporter: they made money on the turn. but i think it was a successful play on interest ra

jason: one more question on this. before i turned it over to the audience, you gave examples about undergraduates. but i did not hear anything about graduate students. if we are talking about student loans, there is a lot of interest in graduate student debt. the federal student debt that is some 40%, maybe 50% is finance graduate school. there was a big article an orthodontist who has borrowed $1 million and is going to have debt forgiven while earning six figures under the existing income-based repayment plan. i'm wondering if there is an appetite come interest in trying to solve that kind of problem? some people have said these are outlier examples. i think they are more of the upper bound, where people earning less are getting loan forgiveness. sen. alexander: the answer is yes, to your question to we should address it. it surprises people to learn the answer the average loan for is 28,005ate student hundred dollars. about the same as a car loan. you are correct. most of the loans we read about hard to payand are

host: jason delisle, the final minute. guest: i will go back to the issue of wanting to have a system that has lots of choice and lots of options for gloria. the local community college may not be right for her. maybe she wants to go to private school. maybe she wants to go for-profit school. before we go down this road far of putting all of our eggs in one basket of free community college, we consider putting the money and more things. host: jason delisle is an american fellow at the american enterprise institute. mark huelsman >> i have a sense we should pray for you as a public servant. let's lift up education secretary betsy devos. gracious father we thank you for this time we have had any time she has been willing to come and explain which you have allowed her to do as a leader in the public square. i ask that you give her healing to her hip, that you would give her the encouragement and give her the energy and vision to serve all of the united states students so that our lives can be better under her leadership. now

laua: jason marczak, thank so much for joining us. jason: thank you. laura:n other news, and the u.k., jeremy corbyn says that e labour party will back another referendum on brexit if their plan for aal brexit s rejected on wednesday. enour correspots say this is a highly significant development. march 29 is the day for brexit, and theresa may is under pressure to extend it. labor are not making clear what they would a for in the referendum. r&b singer r kelly has pleaded t guilty to 10 counts of aggravated criminal sexual abuse. three of the cruisers would have been underage at the time of the alleged crimes. yesterday in press council -- the australian press council has ruled that a controversial cartoon of serena williams published last year does not breach media standards. critics have complaineiothat the depi of williams was racist and sexist. the cartoonist denied the allegations, saying this was a comment on the tennis star's behavior. many youtube channel pushing anti-vaccination conspiracy theories will no longer get money from adverts. this c

favorork in their laura: jason marczak, thank you so much for joining us. jason: thank you. laura: in other news, and the u.k., jeremy corbyn says that the labour party will back another referendum onr brexit f than for a brexit deal is rejected on dnesday. our correspondents say this is a highly significant development. march 29 is the day for brexit, and theresa may is under pressure to extend it. labor are no making clear what they would ask for in the referendum. r&b singer r kelly has pleaded not guilty to 10 counts of aggravated criminal sexual abuse. three of the cruisers would have been underage at the time of the alleged crimes. yesterday in press council -- the australian press council has ruled that a controversial cartoon of serena williams published last year does not breach media standards. hacritic complained that the depiction of williams was racist and sexist. the cartoonist denied the allegations, saying this was a t comment on thenis star's behavior. many youtube channel pushing anti-vaccination conspiracy theories will no longer t money from advts. this c

so jason, what do we have this week? we are in colorado for the controversial we are in colorado for the controversial which finds in revenge. we on the streets of beirut if you have tears to shed. this is a film about a boy and a baby on the main streets. and we are also in revenge. we on the streets of beirut if you have tears to shed. this is a film about a boy and a baby on the mean streets. and we are also rpg, ruth bailey ginsberg as scales of injustice plays her that rates the scales of this is this is she dropped theirs in the middle of a junket. no one was expecting it and he revealed he'd been on a rampage himself of revenge when someone close to him was raped and he looked for someone to take revenge on for a week. he was talking about revenge because he does nothing but star in these grim revenge dramas. it started with taken and now he's dealing with another one called cold pursuit. he's in a luxury ski resort. his son is mixed up with some drug dealers and is murdered and liam starts to take matters into hi

. >> for a deep dive on this topic we are joined by jason with the american enterprise institute, mark we will start with you. explain the different meanings of the free when it comes to free college, there is debt- free college, there is tuition free college and these things mean different things. >> they do mean different things and i think the main distinction i make is tuition free college is somewhat self explanatory and there are different ways you can design it tuition free means by some mechanism you will pay tuition at a state to or for your institution whether that is a community college or a four year school. debt-free is an interesting frame because it takes into account that tuition is one major and rising cost of college but it isn't the only cost. people are taking on debt for fees, books, living expenses and all of the things you need to pay for when you are in school. debt-free takes the frame that we are going to cover that is the institution or government will cover most of the costs of education beyond tuition as well so that is the general distinction. >> there has

jason: macro economically, what is your biggest concern? david: the biggest concern for the last couple of years is can the economy keep grow at a rate that will escape a recession. at some point, the economy will slow down. the other concern is the amount of debt. $22 trillion of federal debt and -- 1.3 1.3 chilean trillion being added this year. jason: one of your former colleagues, the chairman of the federal reserve, you have interviewed him, jay powell. what you make of the job he has done so far, especially given pretty dramatic change over the last few months in terms of interest rates? jason: he had a difficult situation -- david: he had a difficult situation. whoever was in his position would have to normalize rates and he did that. that was david rubin style -- rubenstein. romaine: it's time for smart charts, where we walk through the latest market analysis with the streets top technicians. abigail? abigail: joining me today is mark newton from newton advisors. great to have you here. there is so much focus on stocks with the s&p

jason kelly, thank you. quick programming note. this become a jason will be at the international conference. he is going to berlin and speaking with top names including brookfield asset manager, and carlyle group's david rubenstein. that starts wednesday. on markets, ge is selling its farm operations to dan her. keeping the rest of its health care division. we will dive into what it means for ge's bottom line. this is bloomberg. ♪ ♪ here is the ge starting today after announcing the sale of its biopharma business. the deal is part of a larger turnaround to orchestrate something. to walk us through what this means for the balance sheets and their aggressive recovery, our bloomberg opinion columnist joins a spirit you have to imagine 20 plus billion dollars is a nice out. but is it enough for the longer-term book? >> $21 billion is a lot of cash. i think this does go a long way in terms of resolving ge's balance sheet issues. they laid out 50 billion that they are going to need to bring in to resolve their overall debt issues. ge

it literally has control of you. >> reporter: before february 20, 2016, jason dalton seemed like any ordinary family man in kalamazoo, michigan, a man who just started to drive for uber to pick up extra cash for vacation, but he starts an eight-how much rain of rohterro. >> we were going sonent iought about hitting him. finally, he, like, slammed on his brakes. >> what kind of car is it? >> chevy equinox. >> reporter: right after that, he heads home, puts on his bulletproof vest and grabs a semi-automatic. he goes by a woman driving a group of her daughter's friends. ? >> we were talking and all that ended when i saw this car speeding. he was instantly flight frontri of me. i told the girls run, and do not come back. i tried to get under a car. and i realized, if i keep moving, if i keep moving, if i keep moving, then he just continued to so i laid there. and i pretended that i and i was going to tell myself, i just hope the children are okay. lord, please, i can never forgive myself. just make sure that they're okay. >> physically blocked some of those bullets from where those kids

jason johnson is back with us. glenn, translate the mueller memo today, the motion to delay the trial. >> the motion was basically an effort to get out from under the speedy trial clock, the 70-day trial deadline. and i think it's interesting that mueller was the one who filed the motion but the defense immediately threw up its hands and said you know what, we don't need a speedy trial, we think this is a really complex case, so we're not even going to oppose your motion. so it looks like both parties recognize that there's still a lot of work to be done with respect to roger stone's criminal behavior. some of which he's been charged with, some of which i think is probably still to come. >> any guess about what the trial date would end up being in this case? >> you know, my guess is that roger stone is going to fold like a cheap lawn chair and cooperate with the prosecutors ultimately, unless he wants to die in prison. absent that, if he really wants to beat his chest and stay strong, you'll probably see a trial wi

jason lutes the author of a popular graphic novel set in the fire era. but i'm going to begin with a quotation from the wall street journal from al jolson i'm a west a prince and the annals of popular entertainment are filled with the inevitable figures into their ranks with the germans saying. i'm quote he and his probably. big stars here in europe are making waves in america and elsewhere max rob is my guest in just a minute but first his music thanks. to our. very very. good morning to the other three. drama and the plaster cast record classic tunes of the one nine hundred twenty s. and thirty's as well as their own compositions which sound convincingly as if they came from that era from then. you are going to. cause ironic and witty style has endured him to audiences both in germany and abroad. he's even made several appearances in films most recently and one about betto priced and a film version of his threepenny opera. with my. father. isn't living totally in the past on his last album from twenty seventeen he updated his style combining the spirit

which is when jason, the youth pastor, remember him? out of the blue jason came to call. he had something the detectives needed to hear, he said. >> reporter: i mean, that would take a certain amount of courage. >> absolutely. we would've never known about that if jason wouldn't have come forward. >> reporter: known what? the secret incident that got junior pastor jason involved. it happened soon after marie disappeared. when a very distraught james asked this church elder for help. >> he said, he goes, i need you to get me out of the country. i said what's going on? i said, does this have to do with maria -- marie? he said i cant tell you. never once said anything to me else, just it's bad. >> reporter: james seemed suicidal, said the elder. so he called a doctor friend. and the doctor committed the preacher to a mental hospital. for ten days. during which time jason anderson, took over preacher duties. but then jason heard things. not about what happened to marie, but about polygamy. with other church leaders, he confronted james and tanya. >> reporter: this is a, forgi

jason johnson is back with us. glenn, translate the mueller memo today, the motion to delay the trial. >> the motion was basically an effort to get out from under the speedy trial clock, the 70-day trial deadline. and i think it's interesting that mueller was the one who filed the motion but the defense immediately threw up its hands [000:40:42

and we meet american comic book artist jason lutes the author of a popular graphic novel set in the weimar era. but i'm going to begin with a quotation from the wall street journal from al jolson i'm a west a prince and the annals of popular entertainment are filled with the inevitable figures into their ranks with the german saying. i'm quote he and his probably. big stars here in europe are making waves in america and elsewhere max rob is my guest in just a minute but first his music. and according to our. very . good morning very very. modest drama and the plaster cast record classic tunes of the one nine hundred twenty seven thirty s. as well as their own compositions which sound convincingly as if they came from that era. since there are going to be. combos ironic and witty style has endured him to audiences both in germany and abroad. he's even made several appearances in films most recently and one about better priced and a film version of his threepenny opera. with my. brother lives. but my example isn't living totally in the past on his last album from twenty seventeen he updated

life, lived jason's way. chase. make more of what's yours. at at&t, we believe in access. the opportunity for everyone to explore a digital world. connecting with the things that matter most. and because nothing keeps us more connected than the internet, we've created access from at&t. california households with at least one resident who receives snap or ssi benefits may qualify for home internet at a discounted rate of $10 a month. no commitment, deposit, or installation fee. visit att.com/accessnow to learn more. >>> miami police are frantically searching for a woman seen on security footage being abducted. investigators call the incident disturbing. it happened last night at a tire shop. the victim walked in telling employees she needed to hide and feared for her life and told a clerk to call police. a man ran in, attackd the woman and hit her more than a dozen times. >> this video is extremely disturbing. in the video he has his arms wrapped aren't her neck as he forces her inside of the vehicle. >> police say t

a live report with jason dumas. if you are watching us on the 'kron on' app - our news coverage continues during the commercial break. visit kron-on- dot-tv to subscribe." ♪ [baby crib musical mobile] millions are still exposed to the dangers of secondhand smoke. and some of them can't do anything about it. but you can. protect your family. visit tobaccofreeca.com. think i called it exactly right including the fact that they would put them into the ninth circuit. that's where they put em in> (ken) president donald trump today criticizing a lawsuit he predicted would be coming -- filed in the 9th circuit court of appeals in san francisco. (ken) california is one of 16 states challenging his national emergency declaration .... joined by hawaii... nevaoregon... and almost a dozen others. (pam) the lawsuit, led by attorney general xavier becerra, is the latest in a series of lawsuits over the same thing. reporter natasha chen has the latest on why these cases claim... the president is violating the constitution by goi

>(grant) kron4 sports reporter jason dumas joins us now to tell who they will play for.....jason? last year the nba switched its all-star format.....>let's do away with the whole east vs. west thing and shake it all up....>steph curry and lebron james, the top vote getters....picked the teams.....>well the nba decided to take ievthis year an the draft.....>lebron and giannis picked the squads this season....> lebron james drafted kevin durant and klay thompson.....> kd was actually the first pick of the draft....this will be his tenth nba all-star game.....>durant is averaging 27 points, six assists, and seven rebounds per game........>he will be a starter on team lebron.....> klay thompson will be a reserve on team lebron.....> this is his fifth all-star appearance.....>klay averages 21 points, four rebounds, and two assists on the season......>steph curry was the first pick for team giannis.....>this is his sixth all-star selection.....>steph averages 29 point game.....> competition.....>he will be battling against his little brother seth curry among others.....>and of course, t

jason: i'm jason kelly. we are here at bloomberg headquarters in new york. carol: this week, what rupert murdoch plans to do after they sell out to disney. jason: plans to create the world's largest home living operation the world has ever seen. carol: trouble building homes for low-income residents of new orleans. jason: we begin with a long reach of the last economic

life, lived jason's way. chase. make more of what's yours. >>> actor and musician justicy smolette performed his first show since he reported to police that two machine attacked him. he is noted for his role as a gay singer on "empire." his concert in west hollywood went on as planned but a neat and greet was canceled because of safety concerns. >> i am not fully healed yet, but i am going to. and i'm going to stand strong with y'all. >> smolette says one of his attackers put a rope around his neck and poured an unknown substance on him last tuesday in chicago. police released photos of potential persons of interest in the hate crime and are asking for help in identifying them. >>> the navy made history with a tribute to its first female jet pilot. you are seeing the navy's first all female flyover here. pilots honored rosemary marner whoside died in tennessee after a five year bout with cancer. her husband said she never intended to be a trail blazer. >> rosemary, on our first date i asked her what's important to y

kron4's sports reporter jason dumas joins us live from oracle arena with more. jason? that's right guys....it's been a long time coming and now the wait is finally over. from the moment demarcus cousins shocked the nba world and signed with golden state on july 2nd, warriors fans have been waiting for this moment. get this....the warriors will start 5 all-stars tonight....and it's the first time a team has been able to do so in over 40 years....that's the type of history dubnation will witness tonight....>and demarcus has been impressive in his five games back thus far....he's averaging 15 and 7....but tonight is certainly the one he's been looking forward to the most......> gotta pretty good opponent coming in, so there should be a lot of energy in the building. so it should be a good night and all."> tip-off is set for for 7:30....they'll be taking on 7:30....they'll for for tip-off is set >night and all."should be a good building. so it energy in the should be a lot o

jason, what treats do you have for us this week? this week we're in the snows of colorado for the controversial cold pursuit, which finds liam neeson ploughing a rampage of revenge through the icy blasts. we're on the streets of beirut — if you have tears to shed. prepare yourself for capernaum, about a boy and a baby on the mean streets. we're also looking at rbg, ruth bader ginsburg. as felicity jones plays in a courtroom drama, a biopic, which rights the scales of injustice and sexual equality. let's start than with cold pursuit, as you say, surrounded by controversy because of that interview that liam neeson gave to publicise it, that interview with the independent newspaper. that's right. an extraordinary interview, which is sort of dropped in the middle of a junket, we call these things. no one was expecting it and he revealed he'd been on a rampage himself of revenge when someone close to him was raped and he looked for someone to take revenge on for a week. obviously he was talking about revenge because he does nothing but

jason: it has been slightly disappointing. we did envision that to the extent that we were looking at more challenging backdrop for the australian equity market at the beginning of the year. even though earnings have disappointed slightly to the hasside, the market actually performed reasonably well in that. that selloff in december, some of the? in early january, that has put the market into valuation territory which has enabled this performance. we are seeing the aussie equity market up nearly 10%. the sectors like staples that wasn't mentioned, that is battling. others like energy. we think that for-5% growth is achievable. yet the focus on where the dispersion lies and what sectors will underpin the growth where others are struggling to maintain momentum. into one ofdive those sectors, the financial sector. our viewers can look at the terminal library. curious where you think the outlook is for the financials. we got through the royal commission and the fear of the bogeyman. it turned out to be a paper tiger. jason: there