we have paul allen in sydney. paul: thanks. 'highroller revenue after cracking down. 49%,p turnover slumped cutting profit to $273 million. crown highroller business rocked since chinese authorities arrested staff in october. bloomberg sources say robert mueller is using a washington grand jury as he investigates alleged russian interference in the presidential election. jury can issue subpoenas for documents and witnesses and helps prosecutors determine whether to bring criminal charges. president trump's counsel says he was not aware of the grand jury, but the white house is committed to full cooperation. president trump told a rally in west virginia that there is no truth to the russian collusion story and his campaign has nothing to be ashamed of. is a totalit fabrication and called on democrats to focus on things that matter to ordinary americans. he claimed powerful forces in washington are against him and does not take advice from the swamp. the fbi has arrested a man credited with shutting down a ransomware attack, accu

i'm paul allen. this is bloomberg. rishaad: china is said to be raising the heat by asking anbang insurance to sell assets, a hotel in new york. is this the end of chinese insurers and others overseas shopping sprees? >> i'm not sure about the other sectors, but definitely for insurance companies, i don't think the investment up the tight -- appetite will stop here. they are very keen on helping insurance companies to lock in overseas deals. they are allowed to invest up to 15% of total assets, but at the end of last year they are still only around, 2% or 2.5%. rishaad: if anbang in the end is asked to sell and repatriate these funds, what does that mean for investors, or the insurers' appetites? we know i'm buying paid a pretty hefty price on the properties they bought, including the waldorf-astoria. i think historically, a lot of the assets are aggressive. it may not be a bad thing if you take a step back for people who are interested to buy these assets. it may not be one single company or investor, it could be a co

i'm paul allen. this is bloomberg. let's return to the tensions on the korean peninsula with america's top general reassuring the south that a diplomatic solution with pyongyang remains the priority. defense secretary james mattis says the situation could escalate quickly into war if north korea attacks u.s. territory.let's bring in stephen engle . where do we stand right now? u.s. was asked if there was an attack on guam, was that part of the u.s., and he said absolutely. reporter: absolutely glom is part of the u.s. 1980's.there in the is about 170,000 citizens in addition to 7000 u.s. military. a lot of people think of long as a floating air carrier, but no, it is an island full of people. the only difference is they cannot vote for president. it's a u.s. territory. they have u.s. passports. this is what jim mattis had to say when asked by reporters about his assessment of the situation. i don't need to be trite, but there has been a war of words so far. says it could escalate into were very quickly. that's called w

it was funded by the microsoft co-founder paul allen. we try to do this both as really is it exciting examples of underwater archaeology and as tributes to the brave men that went down on the ships. the warship had just completed a secret mission to deliver parts for the hiroshima nuclear bomb. close to midnight on the 30th ofjuly 1945, nuclear bomb. close to midnight on the 30th ofjuly1945, she was hit by japanese torpedoes and sank in 12 minutes. two thirds of the crew initially survived the sinking, but no distress call was ever received. many weed my sharks. just 316 were rescued out of a crew of nearly 1200. -- rescued out of a crew of nearly 1200. —— many were eaten by sharks. i would like people to focus on the heroism, valour, and courage, which began before the ship was torpedoed and son. she had turned battle stars in some of the most brutal combat throughout the entire course of the pacific war. the spokesman for the 22 remaining survivors said each of them had long for the day when their ship would be found. sarah corker,

i am paul allen in sydney. more on tech adding -- more on "bloomberg technology," next. ♪ i am here with the cash aurora. -- nikesh arora. in part two of our exclusive conversation i asked about who drivingng in the self car race and houston they will hit the road. camph: i am in the that believes it will be a long time before we see a large proliferation, -- thel tooling retooling we need to get to scale is far away. we haven't thought about the ownership model and the societal problems it will cause and how do you park these cars? where you put them? we will see people do close in short order, but large-scale deployment and having an impact on the rental business or ride hailing as this is further away than we think weir. emily: should all of these companies be working on self driving cars? i don't think the ridesharing company's should be worried about making self driving cars at this point. emily: why not? nikesh: we haven't quite figured out where the industry is going to stabilize. there are logistics i

let's get to paul allen. thanks. apple shares hit a record high in after-hours trade after the fears the calledmed new iphone would be delayed. seen at $49 billion to $52 billion through september, and the new phone is scheduled to appear. it had been concerned it would be delayed until october. u.s. auto sales falling, a drag on the economy. gm deliveries plunge 15% last month. ford reported its biggest sales declined since october. fiat chrysler saw it second worst skid for the year. projections still saw fewer sales, while toyota was the only company with the sales gain. honda's first-quarter earnings beat estimate with net income rising more than 18% to $1.8 billion, the full-year operating profit forecast was raised to $6.6 billion, but analysts were looking for $7 billion. honda saw a record sales in america declined. deliveries in china jump 19% in the first half. u.s. auto market has been declining throughout 2017, and our overall sales were down 3% to just over 4.4 million units. is passenger sector particul

i am paul allen in sydney. more from "bloomberg technology" next. ♪ caroline: this is "bloomberg technology." i am caroline hyde. controversial h-1b visa program has been widely criticized for costing american workers their jobs. president trump: h-1b visas are awarded in a totally random lottery. that is wrong. instead, they should begin given to the most skilled and highest-paid applicants and should never be used to replace americans. no one can compete with american workers when they are given a fair and level playing field, which has not happened for decades. caroline: however, according to , this piece of program has provided -- visa program has provided economic benefits for the united states and india. the combined income as a result of the program rose by more than 2010 accordingin to the research report. for an us in washington in-depth look into the program is the author of the study. thank you for joining us. talk to us about where the economic benefits are sprouting from for the united states and

i am paul allen in sydney. more from "bloomberg technology ," next. ♪ caroline: this is "bloomberg technology," i am caroline hyde, in for emily chang. employees will have a town hall meeting on thursday. the discussion is about the recent diversity memo from the fired employee, james damore. he offered an internal 10 page memo that said there are biological causes between gender inequality in the tech industry. emily chang spoke with james damore in an exclusive. she asked if he had regrets about releasing the controversial memo. james: it is hard to regret it because i do believe i am trying to make google in the world in general a better place, by not confining us to our ideological one chambers, where only kind of a story can be heard, and it is totally intolerant to other viewpoints, and even scientific evidence. emily: what scientific evidence are you talking about? in the follow-up to your piece, there is been plenty of discussion -- has been plenty of discussion about this. there is noon, research to

paul allen has a look at the markets. good morning. paul: good morning. we are seeing positivity after a lead from the u.s. equities. nikkei futures are higher.japan manufacturing pmi for our -- august and machine orders will be out later. here in australia, another busy day for earnings. woolworths will be out with full-year reports, expecting a billion, somewhat of a resurgence since the new ceo has been in charge for 18 months. the gaming company star entertainment out with results, expecting for your earnings -- four-year earnings. new zealand just reported net income of $382 million, expecting to grow next year. i'm paul allen in sydney. more from "bloomberg technology," next. ♪ this is "bloomberg technology." i'm emily chang. for artificial intelligence startups has surged more than eight fold since 2012. both entrepreneurs and venture capitalists are rushing to capitalize on machine learning. the ai startup data breaks did just that, closing with $30 million. its backers include andreessen horowitz and battery ventures. joining us is the ceo and

but get to the first word news with paul allen. is hopingident trump this will spark a rebound for his administration after a tumultuous few days. this is a subject that energizes both his energizes and his critics. authorities are bracing for large demonstrations. greg stanton had urged trump to cancel his rally after his comments on charlottesville. south korea has rejected u.s. trade dealvise their as the trump administration intends to cut its to a deficit. research would reveal the reasons for the imbalance. he says there is no reason to renegotiate the deal. bys allows for termination either side, that process would take 188 days. hong kong is inching closer to its weakest levels since 2007. it fell to 2007.87 against its you 7 -- against its u.s. counterpart. the currency approach a similar low earlier this month before surging. china's ministry of finance has consumed about $90 billion worth of government bonds next week. they are respected to but up all but $60 billion and 30 billion of tenure securities. they are hoping t

i am paul allen. more from "bloomberg technology" next. ♪ emily: the once-in-a-lifetime total solar a clips -- eclipse has come and gone. they put the u.s. power grid to the test. they braced for more than 12,000 megawatts of solar power possibly going off-line. it is the largest independent solar developer in the u.s. it c.e.o. spoke with bloomberg television during the height of the eclipse on the east coast. >> the best part about the sun is it is so reliable. when these happen once in a generation, we have a lot of advance notice. we were able to work with the grid operators. they were able to procure power to meet the needs during the eclipse. it is important to put this into context. when you look at our overall traditional power sources, they go off-line all the time and without a lot of notice. annually, they will go out to the tune of 9000 times the amount of power loss we will see with this eclipse. the sun is there. it is reliable. we are asking customers to turn their power down and enjo

let's get to the first word news headlines with paul allen. .all: it would be singapore the economy growing far faster than thought. gdp rose to 2.2% from the previous three months. the median forecast from our bloomberg survey was just half of 1%. singapore has benefited from a recovering global trade, bid by strong chinese demand for electronics and manufactured goods. commodity trade in noble saw -- as trading offered unlimited access to funds piled under pressure. net debt reached $3.8 billion by the end of june, as the company reported a second-quarter loss. noble is retreating to its asian roots and selling assets. the stock has lost more than 90% since 2015. get traviss suing to kalanick kicked off of uber's board. benchmark was an early uber backer with a 30% stake. a partner led the effort to have kalanick removed as ceo in june. kalanick fraudulently gain control over three board seats by hiding what he calls gross mismanagement of the company. robert mueller appears to be bearing down on president trump's former campaign chairman in a widening investigation into alleged collusion

i am paul allen in sydney. more from "bloomberg technology" next. ♪ emily: this is "bloomberg technology." i am emily chang. returning to our top story, tech companies from facebook to air bnb are going on the offensive against white supremacists and nazis. the rebuke comes in the wake of the violent rally in charlottesville, virginia, that eft one home, health heyer dead. flair decided to end its business with the daily stormer, a known neo-nazi website after go daddy and google severed ties. it was an unexpected move as cloud flair has prided itself to an unwavering excitement to free speech. joining us now to discuss cloud flair, c.e.o. matthew prince. you have said in the past a website is speech, not a bomb. what is different? time? >> the daily stormer was the exception that proved we needed to rethink a lot of the rules, not just with cloud player, but he tech industry in generally. they got put on probation a few month ago when we started to get reports that they were harassing people who were submitt

i am paul allen and this is bloomberg. a diplomatic solution to the current tensions remains the priority in washington stop james mattis later said that the situation could escalate, if north korea attacks a u.s. territory. let's have a look at what is happening with the tensions. it seems that the u.s. is making it clear that military options are on the table and that this means that, at any point, we could see war. >> the u.s. is reaffirming some statements made this week of out the american properties and on,zens being in harm, like they would take action. it is a reaffirmation of what was said by james mattis. he said it would be game on, if they were attacked. he did not say what would happen if a missile was launched into the ocean. he did not say that there would be a deck original form. this seems to be a nuanced war of words of talking tough and holding the line. >> you always have to read in between the lines. we see the chairman of the joint chiefs of staff here in south korea. did anything come out of that? an

a search team funded by microsoft co-founder paul allen found the ship last week in the philippine sea. the wreckage was three-and-a-half miles beneath the ocean's surface. it's not halloween yet.. but one couple in new mexico says it's already seeing ghosts outside there home. yes..a real ghost and they say this proves it! the family says they can't be sure just what they see walking past their house. but -- they say the figure looks only vaguely human -- and they think it's a ghost. they say a man died in a home that used to stand on the site and it could be his to stand on the site and it could be his ghost! that home was torn down before theirs was built. time now for weather - more clouds than sun today; feeling great! - unseasonably cool, dry last weekend of august - rain chances return next week - tracking hr harvey - major hurricane makes landfall late tonight today: mostly cloudy to partly sunny. pleasant. highs: 77-80 winds: n 5-10 mph tonight: partly cloudy to mainly clear. comfortable. lows: 54-64 winds: n 5 mph saturday: mix of sun and clouds. low humidity. highs: 76-79 wi

thank you, paul allen, on fortescue. and on the energy front, sempra rumoredwhich was the third bidder in the acquisition itencore -- oncor, they say -- they are said to be near the acquiring oncor as early as monday here in the u.s.. there have been several, this has been a contentious bidding war between berkshire hathaway, warren buffett's company, and elliott management, the hedge fund that had offered contributing prices. -- competing prices. we will go to a showdown in bankruptcy court. oncor has been hit by chief gas prices. company,e energy trying to acquire for $9.3 billion. we will keep our i on more headlines on that story. we would get back to talking about on the mining earnings and we hear from the company about better business conditions for most resources companies reporting. on the chinese government stepped into restricting overseas investment. we talk about the role and implications. this is bloomberg. ♪ ♪ good morning. haidi: you are watching daybreak australia. the australian marcus -- markets fo

my colleague paul allen has a look at the markets. paul: strength on nikkei futures. the yen could move with the july cpi figures released in japan. there might be-- wage gains and inflation. today,will be in focus expected to report an underlying profit of $1.3 billion, the second highest ever. watching news of a possible ultra long-haul route between sydney and new york, 18 hours, if you can handle it, that would be up and running by 2022. and a south korean court is set to rule on the fate of jay y. lee. i'm paul allen in sydney. more from "bloomberg technology" next. ♪ this is "bloomberg technology." i'm emily chang. britain risks damaging crucial parts of its tech industry unless it can secure an unprecedented deal with the european union on data exchange after brexit. this, according to a government paper published thursday. the third round of brexit negotiations are due to begin next week. this, caroline hyde in london. take it away. caroline: thank you so much. i'm now joined by gerald grech, a ceo. interesting policy statement that we've got from the govern

i'm paul allen in sydney. more from "bloomberg technology," next. ♪ emily: this is "bloomberg technology." i'm emily chang. our top story this hour, apple's third-quarter earnings results. investors are pleased without the -- updated third-quarter guidance. on the nl's call, ceo tim cook spoke about the promise of their latest efforts in augmented reality. take a listen. tim cook: we believe ar has mainstream applicability across education, entertainment, interactive gaming, enterprise, and categories we probably have not even thought of. with hundreds of millions of people actively using iphones today, ios will become the world's biggest augmented reality pride were -- platform as soon as ios 11 ships. emily: we are learning more about apples international revenue. china is down 10% year-over-year, but the decline is slowing. peter elstrom joins us from tokyo. still with us to discuss apple, sk, principal analyst at forrester. tim cook says the results were encouraging, improved better than even they though

my colleague paul allen has a look at the markets. paul: we are seeing nikkei futures traded out of chicago higher by .4% as the market in japan weights on industrial production numbers for july. that is expected to contract about .33%. here in australia, asx futures looking flat, just up one point. in about an hour, we will have the treasurers, scott morrison, delivering the bloomberg address. you will be able to watch that on live go. china's major banks in focus today after the four biggest banks beat estimates for the second quarter being propelled by improve growth in china. bank of china, second-quarter net income up 23% to $8.7 billion. by cbc up to $11.7 billion for the quarter. also watching bank of korea rate decision today, expected to hold at 1.25%. i'm paul allen in sydney. more from "bloomberg technology" next. ♪ emily: welcome back. i am emily chang. mantech has released new research on global ransomware threats. the annual report divides a comprehensive look at the key ransomware attacks from this year, including the

paul allen is with us in perth. much is on that recovery tailwind from commodities? it on themuch all of commodities recovery. coal prices recovering nicely over the past 12 months. atl is an important product south32 driving underlying profit. there was a miss as the market was expecting better things. the manganese price improved as well. south32 is the world's largest producer of manganese. the ceo said we are just a production to take advantage of higher prices and that is consistent with our focus on value over volume. the diva didn't is looking pretty good at 6.4 cents per share. prettydend is looking good to add 6.4 cents per share. the returns to shareholders continue the theme of bhp an fortescue metals. it is one of the best performers on the asx right now, shares up around 3.5%. rishaad: let me take it from here. take us through the of the results we have had already. the oil and gas producers have had a difficult time, the lng producers, underlying profit of 150 $6 million, but over all million, as of $506 big improvement on what we saw last year with a $

well, indeed, let's get to first word news from paul allen. china shows stability with the official factory gate strengthening and august. from 51.4 last month and ahead of estimates. the economy showed cooling in july, but an offense from the turnout for exports and strong domestic demand. we will have the private caixin reading and about 15 minutes. president trump threatens to dump nafta. sonny perdue has been trying to convince the administration that the deal has been good for u.s. agricultural. smoothing out.s the second round of talks started this weekend in mexico city and the president underlined determination to put america first. >> mexico is not happy. but as i told them, you made a lot of money for a lot of years and everyone left you alone. hopefully we can renegotiated. if we can't, we will terminated and start all over again with the real deal. paul: inflation rising as the ecb discusses paring back stimulus. beating the5% forecast of 1.7%. the ecb will review its bond buying program, scheduled to run through this year at $72 b

i'm paul allen, this is bloomberg. prime minister shinzo abe has praised the man who might one day take his job. this man will play a central role when he takes a senior party role in his cabinet shuffle. joining us from tokyo, isabel. we are anticipating this shuffle yesterday. talk us through what happened. mentioned, heve is one of the most important factors in the shuffle. he has been taken out of the cabinet, which looks like a demotion, but in japan it is not. the a good position for election which we expect in september last year. whether abe runs again and whether people have a chance of beating him will depend on whether he can bolster support to this reshuffle and see what he does forward. -- couplef chairs other interesting implements is showing the degree of humility. he is willing to accept critics man as hisnet like a foreign minister who is a lot more liberal, perhaps friendly to his neighboring countries than abe himself. he has also brought in a contemporary who plans to run against him in the presiden

microsoft's billionaire co-founder paul allen funded the expedition to find the "uss indianapolis." >> we try to do these both as really exciting examples of underwater archaeology and as tributes to the brave men that went down in these ships. >> reporter: deep sea detective work pointed a team of civilian researchers led by robert kraft to the "indy's" final resting place 18,000 feet below the surface of the pacific. >> it was exciting. it was upsetting. it was very emotional and it was humbling. >> reporter: in what is the u.s. navy's single greatest loss of life at sea, the battle-hardened heavy cruiser was shredded by two japanese torpedos just days after delivering components of the atomic bomb later dropped on hiroshima. on july 30th, 1945, the "indy" with nearly 1,200 on board sank in just 12 minutes. about 800 sailors and marines escaped the sinking ship, only 317 of them survived, after enduring days adrift in the shark-infested sea before being rescued. only 22 are alive today. >> what they did needs to be remembered, and not just for getting torpedoed and sunk. they were h

microsoft co-founder paul allen funded the expedition. >>> the groom to be had an elaborate sand sculpture built with the words, will you marry me? her answer, yes. >> good for them. >>> and then there was no winner in saturday's night's powerball drawing so that means for wednesday's drawing, the grand prize will be $650 million. it's one of the biggest jack pots in powerball history. >>> your eclipse forecast is just ahead. and we'll go to the cross road to see how people are preparing for today's big event. sec otc 7, 5 years ago, last week. just 1 pill each morning, 24 hours and zero heartburn. it's been the number 1 doctor recommended brand for 10... ...straight years, and it's still recommended today. use as directed. ♪ ouch! new band-aid® brand skin-flex™ bandages. our best bandage yet! it dries almost instantly. better? yeah. good thing because stopping never crosses your mind. band-aid® brand. stick with it™ for 100 years, heritage and innovation have made gillette the #1 shave in america. now get gillette quality at lower prices -- every day. brought to you by 1200 worker

get other headlines from the first word news with paul allen. paul: president trump has abolished his business advisory council as more high-level figures walked away. his strategy forum held a conference call asking who would stay on board. of the dozen executives on the call, 10 voted to quit. ceo. them is blackrock say --est trade minutes fed minutes say policymakers may make a decision about -- most agree inflation will rise to a 2% target. the decision on the balance sheet reduction was deferred to a later meeting. japan post a second consecutive trade surplus in july as exports rose from a year earlier. -- increased%, 16%. that left a wider than expected trade surplus of three $8 billion. domestic demand drove growth. the reserve bank of india governor -- increased 16%. is pushing commercial banks to cut borrowing costs to boost investment. they voiced concern about about inflationary pressures. overwhelm it could private borrowers. rate fellnemployment to the lowest number since 1975. up 2.1% in the second quarter, slightly ahead of estim

microsoft co-founder paul allen located the wreck. >> a wide receiver announced his retirement and new details on a stabbing case. >>> prosecutors think sex fantasies led to the brutal killing of a hair stylist last month. they were ordered yesterday to be held for trial on first-degree murder charges. investigators say they hatched a plan online to kill lathum's boyfriend and themselves. a couple died after falling into a gorge south of the city. their two young sons are hospitalized. the couple fell nearly 200 feet down a cliff along side a scenic creek. >> st. louis post dispatch says a missouri lawmaker apologized to president trump for hoping he would be assassinated. the democrat called her facebook post last week a mistake. she had resisted calls to re-sign but state senate leaders are threatening to expel her. >>> washington post pays tribute to the legendary comedian and activist dick gregory. he broke racial barriers in the 60s and used his humor to push for social justice. >> treat me night because with president kennedy's new housing bill i might be your neighbor now. >> gr

microsoft billionaire co-founder paul allen funded the e >> we try to do these as really exciting examples of underwater archeology and as tributes to the brave men who went down in the ships. >> appointed a team of civilian researchers led by robert craft to the indy's final resting place. 18,000 feet below the surface of the pacific. >> it was exciting. it was upsetting. it was very emotional. it was humbling. >> what is the u.s. navy's single greatest loss of life at sea, it was shredded by two japanese torpedos just days after delivering components ever the atomic bomb later dropped on hiroshima. on july 30, 1945, the indy with nearly 1200 on board sank in just 12 minutes. about 800 sailors and marines escaped the sinking ship. only 317 survived after enduring days adrift in the shark rescued. only 22 are alive today. >> what they did needs to be remembered and not just for getting torpedoed and sunk. they were heroes. >> the discovery resurfacing the resill jens of those who gave their lives in the service of our country. >>> right now at 4:30, missing sailors and danger on the water.

more than 3 million under the ocean, billionaire paul allen, co-founder of microsoft, and his marine research team found the wreckage of uss indianapolis, torpedoed in the final days of world wore ii after delivering parts of one of the atomic bombs. only 316 survived before their rescue four days later. allen saying tonight, i hope survivors/families gain some closure. >>> and the powerball jackpot swelling to half-billion dollars. the drawing just hours away, giving you a chance at a $535 million. that would be 340 cash in hand. 340 million, of course. >>> and still ahead -- the fourth grader who applied for a job at nasa. saying he's qualified because my sister says i'm an alien. nasa may have turned him down but someone has just given him a job. when we come back. those with an abnormal alk or egfr gene who've tried an fda-approved targeted therapy, here's a question: who wouldn't want a chance for another...? who'd say no to a...? who wouldn't want... a chance to live longer. opdivo (nivolumab). opdivo demonstrated longer life versus chemotherapy. over 40,000 of these patients h

tim graf is from states -- paul allen, our reporter in western australia. tim graf is still with us. i love the title of that conference, the old diggers and dealers. they just keep digging it out. iron ore, $87.12 this morning, back in the black. variety ofa whole benchmarks, but the futures are back in the black on the singapore exchange. up 7.3% this morning. reassessmentg this in terms of where we are with some of these commodities. tim: i think iron or is an interesting example. like oil as well, you were oversupply, and you probably still are oversupplied, but unlike for five months ago, when you are starting to maybe ask weston around the chinese economy, as one example, even though the growth proxies for china at the time were looking reasonably strong, those questions are being answered because the data has held up. china's efforts to clamp down on some of the elements of the shadow-banking system they want to rein in our not having so much of a negative impact on growth. you have the cycle still looking reasonably healthy in china and other emergi

and for 72 years, the ocean kept the ship no one laid eyes on it until paul allen, the co founder the microsoft brought together a search team >> we try to do these both as really exciting examples of under water archeology and tributes to the brave men that went down on these ships. >> reporter: the search for the indianapolis two years and finally found the wreckage of a war ship that earned ten battle stars during world war ii on floor of the north pacific ocean, handing the greatest generation a little more closure. >> in the case of the crew, that made the ultimate sacrifice, what they did needs to be remembered, and not just for getting tar me doughed and sunk, they were heros. >> the expedition team said they did not disturb the site but they will continue looking for more wreckage. >>. >>> your about to witness history, the great american eclipse, earlier tonight, kathy orr and i had had a facebook live chat with nasa engineer and for the space agency this is one rich opportunity to gather all kinds of information from inner planetary dust to gravitationnal interactions betwee

that crew was led by one of the founders of microsoft, paul allen. that's all for now. do stay with bbc world news. this has been newsday. sunday yet again was a day of contrasting fortunes in the british isles. the further north and east, the more dry and fine was your day generally speaking the big the cloud filled in after a bright start in the south. then there was urgent work to be done in the fields. and then the rain arrived. a wet start to monday as well. mild underneath the blanket of cloud and rain. the cloud sitting low on the high ground of the south and south—west. further south and east, a bright start to the date, decent sunshine. a cool start under clear skies. at least you have sunshine. make the most of it. it will not last. the general rule of thumb is to dry this rain ever further towards the north and east. it will make slow progress, no doubt about it. this is the middle of the afternoon. things will have cheered up in the south for england and wales. when the sun comes out, 21 is possible, possibly even 24. i am not sure whether the rain in the

it was funded by the microsoft co—founder paul allen. we try to do this both as really exciting examples of underwater archaeology and as tributes to the brave men that went down in these ships. the warship had just completed a secret mission to deliver parts for the hiroshima nuclear bomb. close to midnight on the 30th ofjuly, 1945, she was hit by japanese torpedoes and sank in 12 minutes. two thirds of the crew initially survived the sinking, but no distress call was ever received. many were eaten by sharks. just 316 were rescued out of a crew of nearly 1,200. i would prefer people to focus on the heroism and the valour of the crew, which actually began before the ship was torpedoed and sunk. she had ten battle stars in some of the most brutal combat throughout the entire course of the pacific war. a spokesman for the 22 remaining survivors said each of them had longed for the day when their ship would be found. sarah corker, bbc news. joining me now is richard thelen, who survived the sinking of the uss indianapolis. should, indianapo

researchers, led by microsoft co-founder paul allen, said today they have found the wreckage of the navy cruiser u.s.s. "indianapolis" on the bottom of the philippine sea, more than three and a half miles deep. the warship sank in only 12 minutes after being torpedoed near the end of the war. only 317 of the crew of almost 1,200 survived. the indianapolis had just completed a secret mission, to deliver parts for the atomic bomb dropped on hiroshima. that's it for this edition of pbs newshour weekend. i'm hari sreenivasan. thanks for watching. have a good night. captioning sponsored by wnet captioned by media access group at wgbh access.wgbh.org >> pbs newshour weekend is made possible by: bernard and irene schwartz. the cheryl and philip milstein family. dr. p. roy vagelos and diana t. vagelos. the j.p.b. foundation. sue and edgar wachenheim, iii. the anderson family fund. rosalind p. walter, in memory of abby m. o'neill. barbara hope zuckerberg. corporate funding is provided by mutual of america-- designing customized individual and group retirement products. that's why we're your retir

allen. it was destroyed returning from its secret mission to deliver parts for the atomic bomb which was later used on hiroshima. norfolk police have increased patrols in the seaside town of cromer after an outbreak of what they have described as low—level disorder over the weekend. last night, pubs and bars decided to shut because of the trouble. the local council says it is trying to get a group of travellers to leave an illegal camp—site in a public car park. jenny kirk reports. a group of 35 people refusing to leave and stealing bottles of al cole. i did not want to have the customers affected, especially the table with little children. they we re table with little children. they were really shaken up. what kind of people would do this?” were really shaken up. what kind of people would do this? i do not want a cuban —— compare them with animals because animals are better behaved. his wife, nephew and daughter tried to get them to leave and his wife claimed six women penned her

betty: paul, thank you. paul allen there in sydney on bhp. the forget, andrew mackenzie joining us first on bloomberg later this morning at 9:30 hong kong time, allowing: 30 if you are watching in sydney. in the meantime, blue-chip companies have sold more than $1 trillion of bonds this year. they are hitting that mark faster than ever before. for more, here is our corporate finance reporter on this. the pace of this -- was this a surprise? guest: a little bit. strategists were expecting that 2017 was going to be flat, so a down year in terms of issuance. we have reached that $1 trillion year in a the sixth row. we were expecting a couple of rate hikes to come in and companies have been taking advantage of a low rate environment to take advantage of cheap financing. betty: what about for investment grade issuance? what has been working on that front? cheap rates. it is advantageous to take advantage of the financing while you can. the demand is there as well. europe, you still have negative or near zero rates, and those foreign investors, if

allen. it was destroyed returning from its secret mission to deliver parts for the atomic bomb which was later used on hiroshima. now it's time for the weather with phil avery. thank you. another day of mixed fortu nes thank you. another day of mixed fortunes across the british isles. some of you ended up with a lot of cloud and some rain as well. and you can see first being it is still that way. mild as you step out. if you are anywhere near that weather front, that is. not all doom and gloom. scotland, the east of the pennines, east anglia, fine and dry and sunny. make the most of it. eventually, some of this cloud will work its way further north, spilling in over the pennines, and eventually robbing you of sunshine across the southern parts of scotland and throughout. it will be one of those days for northern ireland. the afternoon, i am days for northern ireland. the afternoon, iam hopeful some sunshine will break across the southern counties of england and wales. where it does, i think

in the west australian mining city where we are joined by paul allen was there for the annual conference. good morning. paul: good morning, mark. i am in a mining town so let's start with iron ore which is $75ing overnight hitting 5.63 wiping out all the losses. later today, we will be hearing from the c.e.o., the head of australia's largest iron ore player. up as we waitures on earnings from tokio marine and olympus and the bounds of payments for june out of japan expected. a busy day here. more from "bloomberg technology" next. ♪ emily: this is "bloomberg technology." i'm emily chang. masayoshi son confirmed his interest in u.s. ride-hailing market. take a listen. >> we are interested in discussing with uber. we are also interested in discussing with lyft. we have not decided which way. but the u.s. is a very big market. it is the most important market, so we are definitely very much interested in the u.s. market. softbank already backs companies in china, india, and southeast asia. we are joined by caroline hyde and bob o'donnell. bob, let's start with you. ambitious as ever. he has

im joined by paul allen with a look at the markets. good morning. asx: modest gains on the future, just five points higher at the moment. some action could come from the resources sector, bhp and rio tinto's adrs were higher, particularly aluminum and copper were up. also higher in chicago as we wait on manufacturing for august out of japan. waiting ona, we are a read following thursday's official read. in south korea today, second-quarter gdp is expected to stay steady. allen.ul more "bloomberg technology" next. ♪ this is "bloomberg technology." i am emily chang. back to our deep dive of the digital currency market. the entire industry is now valued at $170 billion. i want to send it back to caroline hyde in london who is with a leader in the cryptocurrency space. carolyn: -- he is known for his continued success in calling the price of it:. -- of bitcoin. he has a decentralized method of confirming your identity. joining us from boston is civic vinny lingham. why do you buy this rally? >> there were a lot of risks on the horizon. bitcoin was sit

my colleague paul allen in sydney, has a look at the markets. paul, good morning? as we wait on the last few earnings to come through, borrow the construction company, gold and nickel miner independence group will be reporting. the nikkei futures are also looking stronger, markets in japan wait on retail sales numbers for july. we expect to see an increase of a third of a percentage there, and the china airlines stocks are also being awaited. southern profited down 11 percent. later on today, air china and the big banks out of china as well, china construction, i cbc, then go china, all will be reporting. more from the berkshire -- more from the technology is next. ♪ -- more from "bloomberg technology is next. >> this is bloomberg technology, i'm caroline hyde. kicked -- vm world has kicked off in las vegas. earlier, our reporter caught up with none other than the dell technology ceo michael dell. emily started by asking, what he was most excited about -- what he was most excited about. >> the world we are seeing is the emergence of this multi-cloud world. custom

.: all right, thank paul allen with what to watch in australia. up next, we are live in beijing to find out how facebook is on a new way to secretly enter china. another way in. this is bloomberg. ♪ betty: you are looking at a scene in charlottesville, the scene of the car attack in charlottesville where one person died. -- twoto state troopers state troopers dead. we had vigils across the country with people chanting love trumps hates. this is an commemoration of the people who died in the attack and several who are still injured. trump, lambasted by many, saying he was too late and too soft on the attackers. this is all over the removal of the confederate general robert e lee's statue in charlottesville. the scene of the attack, visuals being held tonight. .e are watching this today whether it will have any impact on the white house agenda going forward this week. let's get to more news, first word news with haslinda amin. senior u.s. officials have tried to lower fears in north korea after days of rhetoric from president trump aiming to suppo

microsoft buildian air co-founder paul allen funded the project. >> it's really examples of under water archeology and the tribute to the teams that wept down on these ships. >> reporter: the resting place 18,000 feet below the surface of the pacific. >> it was exciting, upsetting. it was very emotional. and it was humbling. >> reporter: in what is the u.s. navy's single greatest loss at sea, it was sledded by japanese torpedos just days after delivering components of the atomic bomb later dropped on hiroshima. the indi with nearly 1,200 onboard sank. only only 22 are alive today. >> what they did needs to be remembered. and not just for getting torpedoed and sunk. they were heroes. >> reporter: tonight resurfacing the courage and resilience for those who gave their lives in the service of our freedom. steve patterson, nbc news. >> absolutely remarkable what those people did. the whole story is amazing. >>> well, our meteorologist with the news, of the eclipse. we won't be in the path of totality, though. >> no, but 77%. 10:00 a.m. to about 10:30 tomorrow morning. so what will the cloud

i'm paul allen in sydney. more from "bloomberg technology," next. ♪ emily: i'm emily chang and this is "bloomberg technology." back to the top story. in remarks delivered at trump tower, the president defended his decision to wait two days to condemn white supremacists for the violence in virginia, saying he first needed to gather the facts.trump said there was blame on both sides for the violent clashes that are update in charlottesville, equating the violence of neo-nazis with those of liberals who challenged them. schenker, is marty the senior executive editor for government.l you have been covering washington for two decades. what was so extraordinary about this press conference? reporter: simply the very oforous, and battled nature -- and battled nature of the questions and answers. donald trump had given a scripted defense and clear condemnation of the right in the charlottesville demonstration of violence, then he comes out today and goes right back to where he was on saturday, basically showing that

my colleague, paul allen, has a look at the markets. paul: nikkei futures are looking weaker to end the week as the market in japan awaits toyotas earnings, which will be reported after the bell. in australia, asx futures are looking very flat. we waiting on earnings from crown resorts. we will see if there is any impact on the result after the jailing of -- earlier in china this year. watch the commonwealth bank after the government agency brought more than 53,000 charges of money laundering against australia's biggest bank, each charge cause -- carrying a possible maximum penalty of $18 million. be impact on the aussie dollar. in singapore, watch out for dbs bank, reporting earnings. more from "bloomberg technology" next. emily: turning now to square. shares were up 4% today with the payments company reporting strong second quarter results and boosting its annual guidance . the stock gained more than 80% so far this year. after square's earnings report, i sat down exclusively with ceo jack dorsey and asked what the biggest driver of g

let's bring in paul allen and lynn sweet. paul, what does this mean for the trump white house? >> it's an important development, of course, because flynn was the national security adviser to the president for a brief period of time but certainly had close contact with the president and was initially mentioned as the russian link. he's been under investigation by the fbi really going back into last summer and his failure to register. so i'm not surprised that trail would eventually lead to a subpoena or request for white house documents. >> lynn, president has called this investigation over and over and over again a witch hunt. he e said it's an excuse by democrats for losing the election, but there's a real effort, a bipartisan effort now under way to protect mueller and this investigation. do you get a sense that lawmakers are worried about what the president might do? >> we know they are because the senate did not officially go into recess when they left for the month of august. they are still in official pro forma session, and they did this. this is a republican-led senate,