is "bloomberg west." coming up, apple's plan for self driving car is a tie with formula one franchise mclaren. how about electric scooter maker lit motors? we will discuss. plus a flurry of startups pricing their ipos this week. we will look at how investors feel about deal activity in silicon valley. and president obama highlighting how text is driving growth in africa. we will sit down with one of the ceos of one of the country's most promising startups. but first, a flurry of reports attempting to look under the hood of apple plus highly secretive car plan. people say the iphone matter is taking a strategic stake in mclaren. this brand is known for its formula one racing franchise. the financial times is reporting apple may want to buy the company outright which would likely be its biggest acquisition since its $3 billion beats. mclaren denies talking to apple and the ceo said " i can confirm is not a discussion with apple about any potential investment. " we have learned apple is talk to buy lit motors and bmw audi are in hot pursuit. all of this is a secret. apple acknowledged of

the technology world as apple introotsz new products with a. we talk board of director henry blodget, steve levy, henry thomas and geoffrey fowler. >> sure we'll get a bigger one next year and you'll have up grades and the cycle is maturing. it's the most profitable project in the world and trying to replace that is very difficult. the watch has done okay but hasn't lit the world on fire. it's really just growth. it's a huge company, it's got a very good business, it's still generating a ton of cash but where is the growth it's going to come from. >> rose: we conclude with a look at russia and its possible involvement in u.s. politics and u.s. political institutions. we talked to dana priest of "the washington post." >> we've got 10,000 comments about this story and i would say the majority of the comments rather than focusing on the fact that the democrat state is actually now here trying to do something that it has not done since the cold war. but it's so much more sensitive because of the elections and because people want to paint it as propaganda by one party or the other

graham civic auditorium in san francisco. right now apple kicks off its annual product event, eagerly awaited, anticipated. apple ceo tim cook expected to take the stage at any moment. the excitement building all day long. this was the scene outside the auditorium just a few short hours ago. people waiting in line to get in on a crisp fall/summer morning. it is going to be a busy two hours, folks. we've got the best team in place to break it all down for you. welcome to this special edition of "power lunch." i'm tyler mathisen. >> and welcome back, tyler. i'm melissa lee. shares of apple moving lower right now as a big apple event gets underway. it's been a pretty lackluster year for the stock. as you know apple far underperforming the broader markets up by just about 2% in 2016. and apple shares are up just 8% since the company last introduced a new phone back in september of 2014. >> and i'm brian sullivan along with jon fortt, who will be here with us for the next two hours. we deliver all the breaking news, dig into everything apple and talk about where to put your money in tech r

"bloomberg west." apple unveils the iphone 7 and a revamped watch. will the operate night sales growth -- new lineup reignite sales growth? for $4sells to tpg billion as intel sharpens its focus on a leaner data center business. hp enterprise slimming down, announcing a 9 billion deal to spin out software assets. shares are down. we have the latest earnings report. a new suite of upgrades for apple's flagship products. landed.ne 7 has it is water resistant and dust resistant with better battery life and cameras. customers of the series two watch will be able to swim and play pokemon go from their wrist, and apple officially ditched the headphone jack, showing off new wireless headphones called airpods. apple shares got a slight boost off the back of the announcement. joining the first of the highlights, a bloomberg reporter who broke several of these developments early, and our reporter from where it all went down in san francisco. corey, what has been the reaction from folks who attended the event? cory: i haven't talked to a lot of people, but reading reactions online, this is

wall street and main street right now. that is shares of apple. surging for the third straight day, since a rally began, it has added a staggering $46 billion in market cap for those of you keeping score at home. that's more than a netflix, about the same size as the gm. the question is simple tonight. after being dead money for a long time, is apple now a must-own stock once again? pete, what do you say? >> i don't know that there is anything that's a must-own stock. but i think when you look at apple and you understand what's going on right now and the process and absolutely look at the competition with samsung, and the latest issues they're facing while this new launch is about to go -- happen for apple, and you look at this 8.10 fusion chip that speeds everything up or gives extended battery, all the wonderful things going into this and everybody said there is not enough going on with the phone. i believe what's inside the phone is making it that much more important to have that phone to want that phone and understand why the preorders are record for some of these different car

keeping and desk work. date let's get back to our tech story. we are watching shares of apple ahead of the company's big product announcement in san francisco. less than one hour. it comes at a critical time for the tech giant as it battles declining iphones ale. -- iphone sales. joining us from outside the .vent in san francisco is this going to continue to be a big event? or is it going to fade away? think one of the better things they have going on at this event going on is the expectations are more moderate than other apple products. to the extent you have any modest incremental upgrades on the battery life or processor or camera we would expect the refresh cycle a little bit. it should be an incremental positive. scarlet: tempered expectations. we know the iphones seven is not likely to be groundbreaking. . it will be similar to the iphone 6. does that matter? i think it matters in the context that there is so much excitement for the next iphone. because if matters it's not a big enough upgrade then perhaps people will hold off on buying a new phone until sometime in 2017. it coul

interviews from the week in tech. coming up, apple's plans for a self driving car back in the driver seat. does it tight up with the formula one mclaren, make sense. how about electric scooter maker lit motors? liftoff for gopro, this week the company unveiled the drone, he -- the ceo nick woodman explains why this is the product to get his company backed on track. linkedin out in the first major out with their first major product line since the deal with microsoft. we hear from jeff weiner in an exclusive interview. a flurry of reports this week attempting to look under the hood of apple's secretive car plans. people familiar with the matter say the iphone maker is seeking a strategic stake in mclaren, a british luxury car brand, known for formula one racing and sports cars starting at $200,000. the financial times reporting that apple may want to buy the company outright which would likely be the biggest acquisition since the $3 billion buy of beat. mclaren denied they are talking to apple and the ceo said i can -- told us "i can confirm that mclaren is not in discussion with apple abou

." apple unveils the iphone seven and a revamp watch. will it reignite sales growth? the latest shoe to drop in m&a focus on aarpens its data center business. hp enterprise slimming down, announcing a $9 billion deal to spin out software assets. shares are down on the latest earnings report. first, to our lead -- a suite of upgrades for apple plus flagship product -- the iphone seven has landed. it is water resistant, dust resistant with better battery life and cameras. wearers of the watch will be able to swim and play pokemon go from their list. and apple ditched the headphone jack come a showing off new headphones called air pods. apple stocks got a slight boost off the announcement will stop joining me is one of our bloomberg reporters who broke several of the product ahead of the event and cory johnson, who joins us from san francisco. what has been the reaction from folks who attended the event out there? i have seen more reactions online then talk to people here. this is a carefully liked it crowd of journalists and members ,f the technology world principally apple employees. so

quarter. tokyo, supering in mario heading to the iphone. lucky number seven for apple? let us know which you think about today's top stories by following me on twitter at @rishaadtv, use #trendingbusiness as well. another 30 minutes to go before the chinese session kicks off. david: here is david. a lot of data coming through. we had the gdp numbers out of reaction onjerk dollar-yen. japann lows of the moment under a little pressure, asia mixed. the has erased --kospi has erased most of its gains. we are watching for the apple effect. three,re apple's big these guys need apple as much as apple needs these three. has 850,000 employees, roughly speaking. these are the guys that make the iphone. the taiwan dollar has been driven up. when you talk about the companies that need apple the most. herea look at this graphic . as you make your way down the list, you have the likes of , andron, japan displays others that get a lot of software revenue from apple. debate iphone, a big whether it is something new and will help the trend in china, but a lot of companies depend on what happens the

. the eu slapped apple with an immense tax bill, drawing reaction from all corners. >> we do not expect that they did anything improper. >> we criticize europe, but we should look at ourselves. nejra: it bank of japan hints at more stimulus while things are looking up and china, and the u.s. jobs report could be critical for the fed. >> i do think there is enough here to raise rates by the end of the year. nejra: central banks are a topic of conversation with prominent guest that pull no punches. >> the work is never done, and i do not think you can say one and done and that is it. >> raising by 25 basis points in september, and then doing it again in december. nejra: plus, a one-on-one with russian president vladimir putin. pres. putin: we will work with it. nejra: it is all straight ahead on "bloomberg best." ♪ hello and welcome. i am nejra cehic. this is "bloomberg best," your him weekly review of the most important interviews, analysis from bloomberg television around the world. the market is so buzzing from friday when remarks from federal reserve chair janet yellen signal

fatalities. emily: i am emily chang. this is "bloomberg west." coming up, apple playing the waiting game with investors. will the company's new product launch be enough to boost sales? we will break it down. we will catch up on the ongoing war for the cloud. and tencent is now officially china's most valuable company. we will take a look at the bigger forces in play. apple is breaking its own habit. typically, even number of years mean a dramatically different iphone model. but the new iphone will not be a major departure from recent models. for apple fans looking for a wow product, our columnist says they will have to wait another year. >> it has been an awful year for apple, at least by the company's high standards, and i have an uninspiring message for fans and investors. wait until next year. apple revenue has declined for the last two quarters, and probably will continue to fall for the next six months. the last time apple sales dropped for 12 months straight was 2000 one. -- 2001. mark zuckerberg was still in high school. the company's wizards are keeping busy, but the next year wo

? apple shows off its newest iphone but are the changes to the device too conservative at an especially challenging time for the company? >>> on our shores, why the bankruptcy of one of the world's largest shipping companies is causing chaos and confusion and why the effects could ripple through the global economy. >>> slam dunk, what under armour is banking on to gain market share in chi. >>> good evening, everyone. welcome. the world's most valuable company captured the attention of wall street, main street and the ifaithful as it usually does with a big event and unveils a new device. but today, there was no new device. the dow component did not chart a bold, new course or show off major innovation and the company might dispute that. it did, however, make some changes to its flagship product. the iphone. but those arguably incremental changes come at a time when the company faces challenges. its smartphone sales are slowing. big institutional shareholders are selling and the company is in the middle of a huge tax fight with the european union. its stock once a rocket ship is a slow-m

ahead of the fed decision this afternoon. we're going to watch that. >>> apple news. according to "the ft," apple has approached british carmaker mclaren about a possible acquisition. apple reportedly considering a full takeover or strategic investment in the company. mclaren reportedly valued around $2 billion, which would be apple's largest purchase, as you probably know, since beats back in 2014. joining us this morning with more, ceo jason capital cancer, josh elman, a partner in greylock partners, joining us as well. good morning to both of you. we're all sort of digesting this now, jason. but what does it mean? does it add fear to the factor that they are truly serious about project tighten, or a car project? >> yeah, well, last week, we found out that project titan was being reorganized and that maybe they were changing their focus on becoming a provider of software and autopilot and that kind of stuff, so it felt a little bit weird. why can't they get a car out the door? why can't they get a partnership done? and now i think we're finding out they're going to buy mclaren.

♪ allie: i am allie chang. this is best of bloomberg west. iphoneup, apple unveiled seven in a new watch. what this really -- what is revitalized sales? we will discuss. billions less than they paid for it. it is official, the playstation 4 lands in november. we would hear from the sony chairman about what to expect from the latest hardware. but first, a new suite of upgrades for the iphone and apple products. the iphone seven is water resistant with better battery life and cameras. meantime, the customers of the apple series to watch will be able to swim, track their fitness, and play pokemon go from there watch. apple also unveiled at the new phone will not have a your phones jack. instead, they unveiled their new airbus. -- air buds. we talked about the reaction. >> i thought it was a big update as far as the camera system. it is very interesting to me that they are actually shipping one of the key features in a softer update later in the year. i thought that was quite odd. i thought the advancement and terms of the processor was significant. podsught the air pds -- were interes

." wall street has apple shares sliding. what do investors want? could google and apple give traditional carmakers a run for their money? we will check out a new report. on card technology. the playstation 4 lands in november. we will hear from the sony chairman on what to expect from the latest hardware. investors and analysts taking stock of the iphone seven a day after announcing the coming upgrades. appleshare sliding in thursday trait, down 2% in the close. is not available. situations, in a statement today apple announced it is changing that practice saying we are now at a point where we know before taking the first customer order that we will sellout of iphone sevens. these initial sales are governed by supply and not demand. analysts have had mixed reaction to the iphone seven with wells fargo downgrading apple on thursday. here is what other analysts have told us. have deliveredy on the expectations. they had to deliver an iphone with a minor improvements. what they have done successfully with this launch is a have cleared some differentiation between the plus and th

may have bottomed that things are improving compared to the summer. else at apple. apple itself, if you look at how the shares have been doing, bouncing around the lows of the session. when you take a look at apple, with the iphone seven revealed, revealed week is so many of the details of our it evenly as they frequently are when it comes to what has been done with apple, a couple of details with the iphone coming out, it will come in black, silver, black gold and rose go. black is a new color for the phone. apple tweeted the details before the technical, official reveal at the announcement today. it is waterproof as well. will like the home button be force sensitive. that was a feature that was .evealed at the last iteration we'll have a dual camera. apple announced it was partnering with a key on the apple watch. apple watch not doing much at the moment. out.ines keep coming the bigger stock reactions, fitbit, falling as the nike partnership is announced. it is down almost 2%. nintendo notably partnering with apple to offer games on the iphone. that was something nintendo does no

west former twitter ceo. it's good to have you back this morning. as we said first up apple's big event kicks off at 1:00 p.m. eastern. it's expected to be about the iphone and kayla is going to cover that and is going to raise the curtain on it. good morning. >> good morning carl. we got a tweet just a few moments ago from apple's ceo tim cook saying the sun is coming up in san francisco and we are ready for a big day. a big day indeed could be ahead for the iphone. for a lot of apple's hardware and it's product line-up and here is what is telegraphed and what we think we know so far about what could be announced today. first some new colors. double the memory. a better camera which reportedly has 800 people working on it and then on the other side outside of the iphone, perhaps we get a refresh of the mac book. of the ipad. siri could get an update. more visual messages. we'll have to wait and see. this update has been described by wall street as solid but not game changing. sales are expected to be flat. 230 million iphone 7s are expected to be sold and a large portion of the n

talk about. >> and balancing the creation of a new sector in the s&p 500. >> apple is the big winner this week on wall street and the dow component pretty much responsible for keeping the blue chip index in positive territory for the week as the company releases its iphone 7 smart phone. we will look at whether it is worth upgrading and whether the stock can keep rallying. >> twitter moving higher after streaming its first nfl game last night. it was kind of cool. >> pretty cool. >> we will get the ratings any minute now and tell you what they mean? >> and the government fining deutsche bank over mortgage securities probe. how does the government determine the extent of the fines? >> let's start with a look at the volatile week. would have been quite different outcome without apple's gains. bob pisani has the story. >> the biggest stock has the biggest gains. it not only moves apple but the entire stock market. the bigger stocks move the indexes more. apple is the big one in this space. how big was the movement? let me give you an example. the s&p 500 is up about ten points this week

hoping to get a head start on apple's new iphones. david in new york is here with me in the studio. he covers apple. forbad does this get samsung? >> this is terrible. samsung changed their cadence of releases when they are releasing phones to beat apple. the week of the big launch of the iphone seven they come out with a phone that is literally exploding. there are dozens reports already. it was bad enough when they said they would be recalling the phone internally, replacing units that are affected and units not affected to everyone who bought a note seven and the u.s. government getting involved and making it official, could not be worse timing for the company. emily: you had a contrary in view. what is your take? >> i did before i heard they were being completely recalled. in my opinion, it was a few -- explosions but it was not going to destroy the companies reputation. based on the most recent developments in the last few hours i am with mark. i think when you're latest, cutting edge product is a total disaster and truly dangerous to use, that is going to affect the company's

♪ emily: i am emily chang and this is the "best of bloomberg west." apple plans for a self driving car back in the driver seat. it does it tie up with formula one mclaren. liftoff for gopro, this week the , heany unveiled the drone explains why this is the product to get his company backed on track. linkedin out in the first major product line. we hear from jeff weiner in an exclusive interview. a flurry of reports this week attending to look under the hood of apple's secretive car plans. people familiar with the matter say they are seeking a stake in mclaren, a british luxury car $200,000.rting at the financial times reporting that apple may want to buy the company outright which would likely be the biggest acquisition since the $3 billion by of beat. they deny they are talking to apple and the ceo said i can confirm eclair and is not in discussion about any investment. we also learned apple is on type lit motors and a bmw and audi are also in hot pursuit . if all of this is a secret, apple never acknowledged the existence of car plans, the so-called project titan. we caught up wi

take to the sky. first, to the week's lead. european regulators slammed apple with a $14.5 billion tax bill, the largest tax penalty in the eu's three-year crackdown on so-called "sweetheart deals." these are arrangements in which a multinational company moves profits and costs to where they're taxed advantageously. in this case, ireland. its corporate tax rate is the lowest in western europe and it has attracted more than 700 u.s. companies to set up shop there, including google and facebook. apple employs 6000 people in ireland. in this week's ruling, the eu commissioner said that ireland allowed apple to pay an effective tax rate of 1% on its profits in 2003, down to .005% in 2014, and that, she said, gave apple an unfair vantage. here she is in an interview with bloomberg tuesday. >> the tax rate in ireland is 12.5% and, obviously, most companies, national or multinational, they pay the corporate tax rate in ireland. and they have to look at some apple, onlyn case pay a tiny, tiny fraction of the taxes than they themselves have to pay, and that is obviously not fair competition

for the annual pilgrimage to the apple store. the iphone 7 hits the shelves. we'll look at demand and whether online orders are cushing the sidewalk frenzy. plus pandora launches a $5 a month ad free service. i'll ask tim whether we'll see the on demand service go head-to-head with spotify. edward snowden is back in the spotlight with a movie premiere. we'll consider whether he goes down in history as a traitor, a criminal or a hero. first to the lead, apple fans making their annual pilgrimage to pick up the latest iphones with lines of customers wrapping street corners in cities around the world. apple says the retail stores sold out quickly meaning that only customers who preordered their phones are guaranteed to get them this week. it caps off a remarkable week for apple shares closing up to 11% for the week. david kirkpatrick, my guest host for the hour is with me in new york. you wandered past the apple store in grand central and it was quite a scene? david: it was crowded and quite excited it seemed to me. so my impression from talking to people there and from just checking

. also tonight, a public bash lash delays mosquito spraying as the zika virus spreads. apple rolls out a new iphone. why hard core apple fans are i-rate. and a world war ii veteran wins her final battle. this is the "cbs evening news" with scott pelley. >> pelley: 62 days now before the election. we saw a serious side of donald trump as he told america what he would do as commander-in-chief. his foreign policy speech in philadelphia was peppered with attacks on health hillary clintt for the most part he stuck to the script and the teleprompter. here's major garrett. >> sometimes it seems like there wasn't a country in the middle east that hillary clinton didn't want to invade, intervene in, or topple. she's trigger-happy and very unstable. >> reporter: donald trump's indictment of hillary clinton pinned former secretary of state for every problem in the middle east, citing her support for the iraq war and the overthrow of libyan dictator of moammar qaddafi, actions trump supported at the time. >> the current strategy of toppling regimes with no plan for what to do the day after only prod

setting up for next week. >>> we start off with the story of the day. apple shares falling nearly 2% on a report from research firm gfk that raised concerns about sales of the latest iphone 7. and it wasn't just apple. check out the suppliers also tanking in the late afternoon trade. how concerned should we be about this report? do you buy the stock here? brian kelly, what do you say? >> i don't buy the stock here. and but yes, i would be concerned. so last week, when apple was up 12%, we on this show talked about, you know, what's going on with this? is this a real sign? we said you couldn't extrapolate, because these were t-mobile and sprint, most likely discounted sales, so it wasn't something you could say the whole ecosystem was expanding. now you have a lot of buyers in there that probably don't have a lot of profits, a very itchy trigger finger. i think you wait. you have to see if it holds 110 and it takes time to play out. >> it's interesting, because it's really about where we are on the stock and where we are on the chart. also, it's amazing how quickly we're able to upgraduate

for anyone who owns one of these. apple unveiling its new iphone. we were talking earlier, is it much ado about nothing? daniel: android users are probably getting deja vu, but it is the day apple fans wait for all year -- time for a new iphone. i phone seven will include the usual updates -- better battery, powerful processor. but one key part is missing -- a place to plug in your headphones. that has caused controversy, but apple thinks you will buy it anyway. after all, it is the most successful product of its kind in history. >> it is the best iphone that we have ever created. this is iphone seven. [applause] daniel: tim cook's presentation of the iphone seven comes hot on the heels for the one billionth sale for the iconic iphone series. the latest model's most radical change is the much-rumored shift from the jack to bluetooth for headphones. doing away with the jack also makes the iphone water and dust resistant. it's 12 megapixel camera includes two lenses, one for telephoto shots. cook also showcased the new apple watch, out just in time for christmas. it is now water resista

, apple, soaring another 3% today, hitting a ten-month high. and check this out, since last friday, the dow has added 127 points. of that, apple has accounted for 85 points. the question is simple. is apple saving the markets? and if so, should you feel better about where we are right now in the markets? tim? >> apple is not saving the markets. >> 85, 127 points? come on. >> look at retail today. is apple pushing up jcpenney, nordstrom's? emerging markets are up 2% today. volatility is plunging, not because apple is the dream stock, and actually their camera is pretty good. apple is rallying because samsung is very weak because apple's expectations were de minimis. and so yes, apple should be doing what it's doing. but to say if apple was not doing this, which i think is the question you're asking, would the markets be rallying? i think yes, they would be. we overreacted to the comments, we assumed fed was not going to act to acting way too much. this is not a place where you can move too quick on interest rates. volatility has fallen. fed has stepped back. we're in the same vortex

tonight, we wanted to take a affect our fall favorites. apple picking, foliage, and pumpkins and tonight we'll start with apples. chief meterologist eric fisher is live from land over with more. hey, eric. >> reporter: hey, david and lisa. fortunately, plenty of apples out here but one thing you might notice this year f -- if size matters. things are looking good for the apples here but with an unusual twist. >> what would normally be an apple this big, we are finding a good deal of them this big. >> reporter: that's caused by a weather double whammy. a forecast in april hurt early apple bugs. and then the drought. >> there are plenty of apples in orchards, and we are not one, are very, very light on the apples. >> reporter: you can still find them. >> there are a lot of apples. but they are smaller than we are used to but they taste really good. >> go to a website or call them directly and find out what is happening at each particular farm because it's as varied as that. >> reporter: and go early, the season. >> they taste good. >> reporter: i agree. they do taste great. interes

from the week in tech. apple up, the eu orders to pay its harshest tech penalty ever, ordering the iphone maker coughs up $18 billion. is europe putting tech giants a notice? we will discuss. plus, twitter shares jumped off our conversation with ev williams. we will bring you the interview with the twitter cofounder. it is go time for commercial drones. we will discuss the regulations. as american businesses take to the skies. first, european regulators slammed apple with a $14.5 billion tax bill, the largest tax penalty in the eu's three-year crackdown on so-called "sweetheart deals." these are arrangements which a company moves profits to where they're taxed advantageously. in this case, ireland. its corporate tax rate is the lowest in western europe and it has attracted more than 700 u.s. companies to set up shop, including google and facebook. apple employs 6000 people in ireland. in this week's ruling, the eu competition commissioner said that ireland glad to pay an -- allowed apple to pay an effective tax rate of less than down 2.005% in 2014, which gave apple and unfair adva

the apple technology. again, if you want to think about this from a wall street perspective, what this means, the expectations were the expectations of wall street. now we know there is an f8 with the waterproof capability, branding and with nike. i think that is important, particularly with nike because the best case use thus far has been what we've seen with fitbit. not waterproof unlike the new watch. beats, new the product announcements from there. i did not read any note from wall street that noted this section of the market for apple. that could be positive beyond what wall street expected, and also positive for what the business might get. the notion this could start as early as friday this week. that is earlier than anything i felt on wall street. that means this will be the calendar fourth quarter to the calendar of third quarter. that could be good news for fourth-quarter sales. the declines we have seen an iphone sales. >> we shall see. version, thates is no more. cory johnson, we will speak to you later. one hour to go until the closing. julie hyman has more. we are se

ripple effect this is having , the one-two punch of oil and now apple. also we are seeing the other energy complex, other members down today. trading lower.s if you look back to stocks and ap, energyk at the im is the worst performing group. check is in the number two spot, down 1.1% dragon part by apple, by sales forces. that is one of the potential bidders. might be close to a sale. we are at the lows of the session following the drop in shares with apple. taking more than 1.5 points off that stuff alone. one stock we have not talked about, higher by 15%. international. the ceo was departing. paul kevin ollie will be -- campanelli is the replacement. underperformed under the prior ceo. this replacement is what is sending stock rack up. > we will have more of an update. manor: the father of the charged with setting off bombs said his personality -- his sons personality changed after a trip. rahami was shot and severely injured and has been unconscious since undergoing surgery. 30 minutes into the orlando the gunmenhooting, called 911 to claim responsibility. he pledged allegiance t

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"street signs.." >>> one of britain's largest tech e. >>> apple pulls out all the stops launching the iphone 7. wireless headphones and a new watch. shares in apple european suppliers do trade lower. >>> mario draghi takes the stage amid speculation. he will have to expand the qe program as the pool of eligible assets dwindles. >> good morning, everyone. you're watching "street signs." we're roughly one hour into the european trading session. adding on 0.2%. doesn't look like much, but sediment is pretty positive going into ecb meeting. not expecting mario draghi to announce extension of qe yet. see strengthening of euro. void by data points coming out of asia. export and import numbers from china. all that mna activity with micro focus leading the charge. have a rook at the marts one by one. ftse 100 up half a percent. once again this is primarily because of 22% gain. xetra dax up 0.1 pkts. cac 40 up by a similar percentage amount. >>> shares in micro focus leading the way today. they are in fact soaring 21%. after hue let enterprise announced merger. the deal sl around $8.8 billion.

zika virus spreads. >> apple rolls out a new iphone, why hard core apple fans are irate. >> and a world war ii veteran wins her final battle. >>> with just over 60 days before the election we saw a as commander-in-chief. his foreign policy speech in philadelphia was peppered with attacks on hillary clinton, but for the most part he stuck to the script, and the teleprompter. here is major garrett. >> sometimes it seemed like there wasn't a country in the middle east that hillary clinton didn't want to invade, intervene in, or topple. she is trigger happy and very unstable. >> reporter: donald trump's indictment of hillary clinton pinned the secretary ost for every problem in the middle east, citing support of the iraq war and overthrow of libyan's moammar gadhafi, actions, trump supported at the time. >> the strategy of toppling regimes with no plan what to do the day after, only produces power vacuums that are filled simply by terrorists. >> reporter: trump promised to pull back from nation building >> i know more about isis than the generals do, believe me. >> reporter: trump said he w

, to the week european regulators slammed apple with a $14.5 billion tax bill, the largest tax penalty in the eu." crackdown on sweetheart deals. these are arrangements which a company moves profits to where they're taxed advantageously. their corporate tax rate is the lowest in western europe and it is attracting more than 700 u.s. companies to set up shop, including google and facebook. apple employs 6000 people in ireland. pay ad allowed apple to tax on it european profit then 2013 --2003. that gave apple and unfair to manage. here she is in an interview with bloomberg tuesday. >> the tax rate in ireland is for .5% in most companies -- 12.5%, and most companies, they pay corporate tax rate in ireland. they have to look at some ies penne tiny fraction of the tax that they pay. that is not fair competition. it is not a level playing field. >> we also spoke to the irish finance minister and we will bring you his comments in a moment. take a listen to matt larson and alex webb on apple." 's response. apple defense -- apple's defense, this agreement has been put into place since

future. >> reporter: then apple introduced its new wireless air pods billed as the future of headphones with infrared sensors and a new w1 chip, no port needed. >> makes no sense to tether with cables to our mobile devices. >> reporter: but joe moscowvitz of the school of public help disagree. >> why would one want a microwave emitting device into one's ear next it a brain? >> reporter: he recommends wired devices whenever possible. >> we don't have research which shows that low infrared is safe but we have research that shows this crosses the blood/brain barrier. >> reporter: with cancer risk. >> you can see the effects even at low intensity exposures in animals. >> reporter: although most iphone fans and long time bluetooth users aren't convinced. >> i have bluetooth earphones. i'm fine. >> i'll still use them. >> i say use wired. stick to wired. >> reporter: the apple air pods will be sold separately for $159. and moskowitz say if you use any sort of bluetooth earbuds that you keep them turned off when not in use. you should never hold a phone against your body when it is