oliver: and i'm oliver rennick. you can also catch us on the radio on sirius fm and in new york and 1330 and 1069 in boston, 91 in washington, d.c., and 8960 in the bay area. carol: and in asia on the bloomberg radio plus app. in the technology section, the heir to samsung was sentenced to prison one week ago on a string of corruption charges. oliver: we talked about the impact. jeff: the son, sort of the billionaire scion of the family, has been seen as the heir apparent. for the first two years or so since 2014, jy has been seen as the clear leadership figure. more concilitory to some extent than his father, sell it off jets and spinning off arms divisions. that sort of thing. carol: investors liked what he was doing? jeff: for the most part, yes. people were comfortable. he was concerned about the public face of the company. carol: what were the charges that brought him down? jeff: five charges related to a bribery investigation that brought down the president a while ago. a handful of top lieutenants and people

oliver: and i'm oliver rennick. we are coming to you from inside the magazine's headquarters in new york. carol: the new front in the war against credit card fraud. oliver: more than 100 million accounts hacked. what comes next after the equifax breach? all that ahead on "bloomberg businessweek." ♪ carol: we are here with editor in chief megan murphy. a story on synthetic identity theft. i had not heard of this. megan: it is a really troubling and quite spooky story about how fraudsters are doing something different than just stealing existing identities. they are actually compiling their own identity. what is so fascinating is it's a long game. this can take months, even years to pay off. they have to keep establishing the identity, keep applying for credit for the ultimately cash out. oliver: it is like a weird ponzi scheme of credit fraud. what is interesting is you guys detailed somebody in the story, the actual degree to which they are able to do this. $340,000 using credit cards. a fleet of vehicles. how doe

i'm oliver renick. you can also catch us on the radio at sirius xm channel 119, a.m. 1330 in boston, 99.1 fm in washington, d.c. and in london on nux 3, and in asia on the bloomberg radio plus app. small towns in colombia are exercising their right to block oil and mining products, endangering the country's status as a major petroleum exporter. christine: in this town in july, the community held a referendum to decide whether a toronto listed company would be able to come in and drill exploratory wells to a lot they had acquired. they voted massively against the project. the company is now stuck. there is nothing they can do. oliver: by massively, 6000 to 76. no. spentina: eight reporter eight time in town trying to for a doubt the no votes. oliver: what exactly are the details? relationship between a toronto-based driller and an obviously south american, very different sort of population, how did this population come to -- how did this partnership come to be? christina: this country has all its assets

oliver: this is "bloomberg businessweek." ♪ ♪ oliver: welcome back to "bloomberg businessweek." carol: you find us online at businessweek.com. oliver: junior pilots that major airlines plan on waiting years to wub captains wings -- win captains wings. carol: the cash, flying at aging aircraft nicknamed "the mad dog." oliver: teletype to become a pilot and a major airliner, the 747 airplanes we think about. andell, you don't start don't ever become 747 captains. there is a range of aircraft smaller than that. generally you start up going to a flight school. many people are military. a smaller number our military these days in the past. usually you have to get 1500 hrs of flight time to become a pilot. that is a load and it generally cost over $100,000 these days to get paid for that much training. at the end, you get on with a commuter airline or a regional airline. these are the smaller airlines that do the regional or commuter routes for major airlines. down the road if you're lucky to get on with a major airline like delta or united. carol: the goal is to become a captain of a

oliver: this is "bloomberg businessweek." ♪ ♪ oliver: welcome back to "bloomberg businessweek." carol: you can listen to us on radio on sirius xm channel 119, 1 at130 in new york, 106. them in boston, and am 960 in the bay area. oliver: and in asia on the bloomberg radio plus app. carol: peter coy explains president trump's possible negotiating strategy when it comes to tax reform. peter: he has a goal of cutting the income tax rate to 15%. we go through the math on that. let's say somehow congress manages to raise $2 trillion in extra revenue, cutting selected taxes, reducing various credits and deductions. that would be a lot. less say they've managed to do that. they can't give it all to corporate income tax rate individuals expect to be treated equally. let's say half those individuals. now you have half, another $1 trillion for business taxation. cut that in half and give some of the two individuals, people and businesses taxes individuals. that would be like mom-and-pop business, partnerships, anybody that is a pass through. now you are done at $500 billion devoted to cutt

oliver: that place is lavorno. cristina: it has a port, but a lot of container traffic has been moving to other bigger ports in italy. it had a shipyard that closed in 2002 and many people are still reeling from the closure of that. it was the cradle of the communist party in italy. quite recently, though they had elections in which the mayor of a newer party called five-star movement -- they don't want to call themselves a party -- he inaugurated this program where people who are considered to meet certain requirements for the program that are considered needy get a 500 euro subsidy per month. it lasted six months and covered one of your people only. carol: how is this different from a welfare program? cristina: these people never had full-time employment or have not had in 10 years. they were not have qualified unemployment benefits. you have to have a job at a company. than they run out after a certain amount of time. carol: what about welfare? cristina: there are strings attached. people did have some employmen

i'm oliver north. good night. er north, good night. >> was he a lifelong hoarder or a shrewd collector? the answer lies inside this salvage yard filled with rusty old cars. >> did you know how many cars grandpa had? >> the locals say it's a worthless eyesore. >> whoo-hoo! >> his grandson calls it an "iron gold mine." [ auctioneer calling ] which is the truth? we're about to find out. >> sold it! [ door creaks ] [ wind howls ] [ thunder rumbles ] [ bird caws ] >> i'm jamie colby, and i'm just driving in to enid, oklahoma, which is about 90 miles north of oklahoma city. population -- roughly 50,000. right here in enid, they have the third largest storage capacity for grain on the planet. but wedged in between enid's silos lies the tale of a cantankerous legend who left his grandchildren with a very strange inheritance. >> my name is stuart piontek, and in 2003, my brothers and sisters and i inherited something pretty unusual from my grandfather. his name was oliver jordan, and he died at 95. he was a child of the du

oliver: welcome to bloomberg businessweek. this week, we focus on technological advancements that are much closer than you think. we're talking about brain control that might be as commonplace a decade from now, as your smart phone. that's coming up in "bloomberg businessweek." ♪ oliver: we are with megan murphy to talk about the special theme this week, which is "sooner than you think." in terms of things you may not be thinking of now, but are than you more quickly might think. we talk about ai, we talk about tech, that would want to talk about lesser-known trends in other parts of the world. we talk about china, and the .esearch of live streaming we talk about some of the challenges facing our urban centers. how you go about mapping, different places where tech is excelling and you are not hearing much about it. so, taking those trends that are known about, and taking them to the next level. reading through the content this week, i was constantly going back and forth between, this is exciting and great, and this is terrif

oliver: and i'm oliver rennick. we are coming to you from inside the magazine's headquarters in new york. carol: the new front in the war against credit card fraud. oliver: more than 100 million accounts hacked. what comes next after the equifax breach? all that ahead on "bloomberg businessweek." ♪ carol: we are here with editor in chief megan murphy.

. >> stephen: huh-uh. >> this is bonus john oliver. john oliver you literally didn't ask for and arguably didn't want. ( laughter ) >> stephen: exactly, yeah. so, listen, i have a bone to pick with you. >> pick it. >> stephen: all right. it's because you and i both got wind that down in gettysburg, pennsylvania? >> that's right. >> stephen: this was the gettysburg president museum hall of fame. >> the wax presidential museum. >> stephen: wax presidential museum. >> and we didn't know that each other were interested. >> stephen: no. we sent some people down, and you sent people down there. >> because we're both attracted to things that are objectively ridiculous. ( laughter ) >> stephen: exactly! and jon stewart was too. he also sent somebody down there because what do you want? >> you want a wax president. >> stephen: you want a wax president. or a wax first lady which, if you remember, they had the wax first ladies for only two-thirds the height. >> like an editorial cartoon. >> stephen: exactly! as if back in the 18th century there w

only for a limited time, at olive garden. give everyone something they'll love order olive garden catering. >>> closed captioning provided by -- rk spots? gold bond dark spot minimizing cream. 81% saw improvement in the appearance of sun-damaged skin. gold bond. >>> bikini west is popular for women. i've never had one and these haven't had one until now. >> should i be scared? >> so scared. >> conde nast entertainment took 15 women and well put them through hell for the first time. they recorded the experience and put it in slow mo. >> what did they record? >> they recorded the reaction to the experience. that's the actual waxing. [ bleep ] >> there's a few expletives. ts. >>. >> but compelling, i can't look away. >> wow! >> wow, this is getting weird, guys. are we sure they're getting waxed. >> we're sure. it doesn't seem to be going well based on the looks on these ladies' faces. >> to sign up to not only get by keihnie wax but to have your close-up super slow mo reaction credit to you ladies. >> i hope they got paid or a c

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oliver marti. mark: fantastic stuff. coming up, the leaders converging in canada. .hat is on the table we keep our eye on french president emmanuel macron giving the speech in paris on the future of europe, including fiscal divergence in the eu is driving the parties. the eurozone offers a global power. the eu budget is needed to face economic shocks. the eurozone needs a common budget for investment. he says that he is pushing unprecedented reforms in france. will keep an eye on the french president. you can watch real-time on tv . this is bloomberg. ♪ mark: live from london i am mark barton. vonnie: in new york, i vonnie quinn. this is "bloomberg markets." . our stock of the hour. trading lower our shares of darden restaurant. they are known for olive garden. joining us is abigail doolittle. abigail: something is happening garden. the stock is on pace for his worst since 2015. did post an surprising sales call the 1.9% versus the estimate of 2.7% kerry that dragged on overall comp. this is over a concern. the com

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my dad's extending an olive branch? you're right. i don't want to hear it, not for a long time. >> steffy: he regrets what he's -- >> liam: maybe not ever. >> steffy: he regrets what he's done. >> liam: look at my face, steffy. let the man live with regret.

john oliver. it worked. john oliver, as he was accepting his award echoed the shoutout from dave chappelle. it took off from there. chappelle graduated from duke ellington school of the arts in 1991. >>> coming up in a minute, angie goff is going to go through the tweets shouting out d.c. public schools. d.c. responded, the school district did. we'll try to get the chancellor too. >> one person on a national stage. there you go. >> all over the world. >>> today we should get more information on the gunman on the university of maryland campus. the university sent an alert that police were actively looking for someone who was reported to be armed near leonard town and frat row. they didn't find anyone the college park campus. >>> breaking news now. another day and night of protests in st. louis. once again, they became disruptive overnight. windows smashed and people running through the streets. angie goff at the live desk with what happens after you went to bed. >> angie? >> you saah that damage there. more p

as much as people like to dish on olive garden. i heard and you can let me know if this is true for all the thousands passes they had last year they sold out in a second or something like that. >> reporter: one second. they sold about 20,000 passes for unending pasta and bread sticks in a second and you can be part of that promotion today. you have between 2:00 and i should say 2:01 but technically between 2:00 and 2:30 p.m. to get one of these pasta passes. it cost $100 and you can eat there unlimited like we said bread and pasta for eight weeks. so a hundred dollars for the pass. 50 people who fork over an additional hundred dollars get an eight day trip to italy basically all expenses included. >> our floor director just mouth dropped. like are you kidding me? but it's kind of akin to hitting the lottery. >> reporter: yeah, because they're so hard to get and the trip is in april by the way. >> oh, i know everything about it. >> reporter: i for a catch. i haven't found one just yet but i'll keep looking. >> haven't either. all ov

than 1 million people in puerto rico and the deadly storm is based from the us mainland but as meg oliver tells us from miami beach mandatory evacuations are underway. >> puerto rico dodging a direct hit from irma the eye passing to the northeast and it's 180 mile per hour winds toppling trees and power lines. nearly 1,000,000 people without electricity. this man and his family rode out the storm in their hotel. >> i can only imagine what the little houses by the coast and villages must feel like. out. >> officials are trying to get a grip on the extent of the devastation. most structures on one island destroyed, insane martmn winds damaging homes and hotels tossing shipping containers, irma days from the us mainland forecasters are not sure where it will make landfall. >> somewhere around cuba it will turn north, anywhere within this comb is a possibility of landfall. >> mandatory evacuations are underway in miami beach. storm surge is the main concern was to the area is three feet above sea level only. >> we won't be able to save people when the storm hits. >> residents are grabbing wat

theresa may addressing the point made by financial times journalist concerning oliver robins who has left hisjob there concerning oliver robins who has left his job there amid allegations that of disputes with the brexit secretary. she made it clear that that was not a sign that the brexit talks were failing in some way and that britain wasn't on top of the situation. she in fact made it clear that this was a sign that negotiations were making progress. and also referring to the situation of brexit and borisjohnson's installation. she said that the uk government is driven from the front and we have the same destination in sight, that of course a reaction to amber rudd's suggestion about boris johnson recently. that he was a back—seat driver when it comes to the actor talks. justin trudeau made it clear that he wanted to see a speedy and smooth transition from a deal structure with the eu, with canada and trade, to a new trade deal with the uk. both leaders at the news conference talked about their shared, common goals for both countries and the need for a new trade deal as soon as

oliver collins: "they were looking for cash. you can see an employee there with his back turned by the shopping carts. there is one suspect, number two, number three obviously at the door ordering these two suspects to get on the ground and you can see he has some type of rifle in his right hand">emeryville police investigators say the robbery occurring as the store was closing was not coincidental police say there were about 10-employees and ten-customers in the store. the take-over robbery lasted only one minute but for the people in target...one really scary minute says captain collinsthe three robbers were last seen getting away in a silver four- door sedan. investigators have limited descriptions of three men other than what you see

. >>> "right this minute" is brought to you by gardnier. hair infused with olive oil & olive leaf extracts. it softens and shines for naturally-beautiful hair. garnier whole blends legendary olive. find every blend at walmart. your toilet is germ-ridden with mineral buildup. clorox toilet bowl cleaner with bleach is no match against limescale. but lysol power toilet bowl cleaner has 10x more cleaning power against limescale. so switch to lysol. what it takes to protect. for years, men have enjoyed their man caves without guilt. now, it's mama's turn. welcome to my she shed. where high heels are forbidden by royal decree of the queen. and my treats are only for me. fiber one 90 calorie brownies. allll mine. >>> closed captioning provided by -- >>> for those of you who need a moment to relax -- >> oh. cool. >> i don't want to stare at that, though. as you can see, they go exploring. they are common in the southeastern part of the united states because they like humidity. these are very, very docile. they moved it to an area that was more suitable for it. that face, that's your moneymaker, gi

que compra uno lleva otro es por tiempo limitado, en olive garden. locutor: esta es una ediciÓn especial de "aquÍ y ahora". marÍa: para las víctimas del huracÁn "harvey", el fin de las lluvias, sÓlo representa el comienzo de un largo proceso de reconstrucciÓn. historia de dos familias que estÁn preguntando quÉ tan difÍcil serÁ volver a la normalidad. >> leslie y su esposo esteban, acaban de volver a la casa que tuvieron que abandonar repentinamente hace una semana. >> abrÍs la puerta y lo que ves es un campo de batalla. un olor espantoso, barro, decir bueno, por dÓnde empezamos? >> desde que el huracÁn "harvey" llegÓ, la lluvia no dejo de caer. >> el agua empezaba a brotar del suelo. >> al otro lado de la ciudad la familia habÍa quedado atrapada, cuando el agua comenzÓ a entrar con fuerza al primer piso del apartamento. >> es como si estuviÉramos en una pelÍcula. >> llamaron a pedir ayuda pero nadie llegÓ. >> era como un ocÉano. >> hasta que entre la lluvia, apareciÓ un buen samaritano buscando a quienes se habÍan quedado atrap

only for a limited time, at olive garden. give everyone something they'll love order olive garden catering. >>> closed captioning provided by -- tminimizing cream. 81% saw improvement in the appearance of sun-damaged skin. gold bond. >>> a helmet cam from a motorcyclist. we have to break this down for you because you already missed it. the motorcyclist is looking down, he's got his hand up, he starts to pull to the right and get off his bike on the shoulder. he's got some sort of tape all it'.im vhs cassette reel. >> this could have been really bad for the guy. >> if he's a he's genuinely confused. >> where did it come from? >> let me show you, right about here a white disc skipping across the room thankfully not causing any damage to him. >> you need to rewind it. >> this next video comes from russia. you see this guy here coming up over the tracks, the driver sits there for a while and begins to back up at the absolute time. >> no. oh! >> right into that car. >> reports said the guy was distracted by his phone, pulled into

only for a limited time, at olive garden. give everyone something they'll love order olive garden catering. not all fish oil supplements provide the same omega-3 power. megared advanced triple absorption is absorbed three times better. so one softgel has more omega-3 power than three standard fish oil pills. megared advanced triple absorption. mom i dropped my ball. got it. ewwww oh eat it! lysol kills 99.9% of bacteria on soft and hard surfaces. one more way you've got what it takes to protect. >>> closed captioning provided by -- tminimizing cream. 81% saw improvement in the appearance of sun-damaged skin. gold bond. >>> a helmet cam from a motorcyclist. we have to break this down for you because you already missed it. the motorcyclist is looking down, he's got his hand up, he starts to pull to the right and get off his bike on the shoulder. he's got some sort of tape all over him. >> it's a vhs cassette reel. >> this could have been really bad for the guy. >> if he's a millenial he's genuinely confused. >> where did it com

what all these books are about is how to understand the forces and keep our lexus and our olive tree, the thinks that anchor news the world, that give us security, give us warmth, give us connections, at the same time and balance those with all of these new technologies and the power and opportunities they give us. what's what i'm writing about. >> host: there's a fear factor. >> guest: there is fear out there because when you good to grocery store and some communities and you see the cashier and she is not bearing a baseball cap. speaking a hawk you don't -- a language you don't understand and then go foe men's room and maybe someone of a different gender and you go to your office and you boss just rolled up a robot next to your desk and seems to be studying your job, and it's no wonder that people feel unmoored and unhand cored and if a candidate and politician comes along and says i can stop the wind, a lot of people are going to be open to that idea. and so really what i'm writing about is that tension, that challenge. that's what thank you for being late is all about. thank you f

oliver. dr. oliver, can you hear us now? dr. oliver, can you hear us? you know, unfortunately, i think we're having an issue with coms down there. it's difficult. the cell service is weak, and it drops down consistently. we've been having a hard time connecting with our own reporters down there because of the situation. again, it is so dire. we're going to be following the story from puerto rico. we've got a big team down there. this is not something we're going to ignore. these are americans in desperate need of help. so stay not only with msnbc but nbc news as well. >>> next hour the president will talk tax reform. is the white house under estimating what it's going it take to get this done, though? i'll ask a man who would know. your car is ready! wrong car... oh, i'm so sorry about that. you guys wanna check it out? it's someone else's car... what is this? it's the all-new chevy equinox. this feels like a luxury suv. your car's here. bummer. do we have to take that one back? wah-wah can i take this one home? current qualified chevrolet lessees can g

and john oliver also mentioned it as well. >>> social media reacting to this. he was a graduate, chappell of the duke ellington school of the arts. he came back to the school to speak at graduation in 2015. >> good for them. >> yes, trending also, hurricanes jose and maria. >> but jose is going to be a minimal issue. maria is going to be another -- they are going to retire maria's name. it's going to be making landfall tonight probably near dominica, guadalupe has got problems, some of the islands that dealt with irma may get dealt again. i'm concerned for some of the u.s. virgin islands, st. croix, st. john, st. thomas, and puerto rico. and we will show you that here in a minute. get you going with a look at our forecast. clouds out there, tough to burn off, lower sun angle this time of year, light winds so takes a little bit more to burn off those clouds, may see a spotty shower but that's 20% chance at most. highs will be upper 70s to if we can get enough sunshine, the low 80s, but still for this time of year not bad at all. there's jose, talked about a few

. >> did they cook up a plot at the olive garden? >> between the bottom list salad and the bread sticks that police say the happy couple ordered something that was not on the menu. a murder. >> but the police are on the trail and tonight we're taking you inside their elaborate sting. >> why are we being arrested? >> the body cam footage of the arrest. >> i have to go to the bathroom please. >> what was it like to see your best friend go from wearing

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. >> did they cook up a plot at the olive garden? >> between the bottom list salad and the bread sticks that police say the happy couple ordered something that was not on the menu. a murder. >> but the police are on the trail and tonight we're taking you inside their elaborate sting. >> why are we being arrested? >> the body cam footage of the arrest. >> i have to go to the bathroom pl your best friend go from wearing doctor's scrubs to an orange jumpsuit? >> his jailhouse interview. >> i wouldn't hurt a fly. >> and the biggest shocker of all. their exes aren't dead but someone else will be. what i'm trying>> tor. understand is are you dr. jekyll or are you mr. hyde? >> love at first sting. good evening i'm elizabeth var gauze. >> the incredible story of two people accused of an alleged murder for hire plot. one of them a doctor sitting behind bars as we come on the air for what police was an elaborate plot fueled by revenge and obsession. he says they have got it all wrong. >> but the other person, his girlfriend a successful veteri

police say it all unfold nld olive garden. we'll hear from a doctor behind bars, the audio diaries of his former cveops who orchestrated the sting operation. here's abc's matt gutman. >> i never wanted to hurt anyone. i hate the idea they think i'm a monster. >> reporter: monster, not a word valerie mcdaniel easily friends would use to describe her. >> valerie was an amazing human being. she had a light within her. >> reporter: and an alleged murder for hire plot about the last thing they thought she'd ever be involved in. >> i wanted to take time and tell my story from the beginning. try not to judge me. >> reporter: these audio diaries a window into a life unraveling. by all accounts, everything seemed picture perfect. a loving mother living in river oaks, an affluent neighborhood in houston, a condo in this fancy high rise. and running a thriving veterinary clinic. >> she was so successful and so beautiful and funny and intelligent. >> reporter: but privately, valerie's struggling to rebuild from a failed marriage. >> she d

let's just reflect a bit more on the departure of oliver robbins from this role. how important was he? he was important because he's the numbers man, the detail man. david davis is somewhat fronted the press conference and could put a positive gloss on how everything was going. in terms of the nitty—gritty and putting it all together that was oliver robbins, it was hisjob putting it all together that was oliver robbins, it was his job to do the numbers and do the detail here at the negotiations. i sense that it's for the europeans know one. they have had enough of the big picture and they have haired how we wa nt to picture and they have haired how we want to have a deep and special relationship and how we want to be good friends with europe and how we are leaving the eu and we're not leaving europe. that is all fine and dandy. they have got the big picture. what they want is the detail, the detail on money and on eu nationals and the northern ireland border and that is the sort of logjam before britain can move to the phase really want to move to which is the t

john: john oliver definitely help. what did they say? no d.c. public schools, trending around the country on twitter overnight. the school system with its 47,000 newtons took full advantage of the national stage. some of the tweets, take a look, hello, emmy friends, we are a district on the rise and they added a link to their website. the school system calling it an unexpected honor in an acceptance speech style thanked families in students. there were random tweets like saying that d.c. public schools deserve more support, let's make a trend mean something. the mayor also getting in on this. mayor muriel bowser tweeting congrats on the big night to david chapelle and john oliver but since we are talking about it, she added a link to send people over to the d.c. ps website. a big night for hollywood, perhaps even a bigger night for reporting live in georgetown, john gonzalez. no surprise, the emmys dominated by politics, but no one saw this coming, the potshot from sean spicer coming up at 6:45. developing now, a pesky problem for residents near

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