also tonight, after the hottest days on record, has climate change already reached a tipping point? the meteorologist who left local news after his climate coverage led to a death threat joins me tonight. and america s economy is red hot. jobs and wages are growing. inflation is easing. so why isn t joe biden more popular? but we begin tonight with a crisis that is impossible to ignore. i often start this show with the most recent to solve on american democracy at the hands of the modern republican party or the supreme court, but tonight i want to talk to you about a different type of existential threat. y all know it s hot. some of you in arizona spent the day trying to avoid 115 degree heat. next week, it might hit 120. earlier this week, i shared some really terrifying news. some scientists believed that july 4th of this year may have been one of the hottest days on earth in 125,000 years. guess what. we keep breaking those records. new york s temperature set a record
days. the americans were evacuated from wuhan, which is at the center of the virus outbreak. no information has been released about their health. officials say more than 120 people are hospitalized after a boeing passenger jet operated by a turkish carrier veered off the o.nway and split into in tw the rear of the plane caught fire while the front became detached and landed upside down. flee.gers were forced to global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. this is bloomberg. welcome. here are the top stories we are following. aide struggles to reach 60 million people under quarantine in china. u.s. trucks rising. tesla stops a rally. let s get a quick check on the major averages. lots of concerns with the coronavirus. spreadseeing the rate of hit ever higher levels. here is a look at the markets. brieflyve the s&p 500 and record territory. the dow pretty close to that. one to
New york oil is hovering around. Nokia is close to a deal to sell to a group of german automakers. Bmw would be the buyers. Stephanie the has been a big shakeup at toshiba over and ask accounting scandal. They will will have to restate earnings for six years. We have the story from hong kong. They announced after the closing bell in japan that they will resign. It is alleged top executives sent set unrealistic profits. A number of other executives will also resign. It you Management Team will be released in august. Toshiba has pledged to correct its earnings by 1. 2 billion. The Share Price Rose 6 . Stephanie they make appliances in nuclear reactors. Nike has given their ceo and award that is almost 10 times higher than what he usually gets. He has been awarded restrictive stock with a value of 30 million bucks. Those are whole of sneakers. Phil knight has endorsed him to succeed him as chairman of year when he retires. Erik zach johnson needed a few extra holes to win the british open
Plus, the real estate empire blackstone has built. More on the investments putting it in the category of its own. The gray allocation nation guest. The cio of the 5. 5 billion endowment. Tell me how much more of the University Policies money is going in. Take you into d. C. Julianna goldman has learned the former bank of israel governor danley fisher is the leading candidate to become vice chair at the fed. Giuliana, i know you broke the story. Great scoop as always. This was the pic . We know president obama is elitist leading choice to be the fed vice chair. He would be replacing janet postn, who is leaving her because she is the president pick for fed chair. A history for fisher. In june. D down also number two at the imf. Brings academia, crisis management, and centralbank experience with him. I was speaking with a former administrator earlier saying the combination would be the most impressive academic onetwo punch in the history of the fed. It puts top scholars in charge of monet
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