Ruled that Christine Lagarde will have to stand trial in the case stemming from her time as frances finance minister. She is accused of negligence that pave the way for massive corruption of government payout to a tycoon. Virginia senator tim kaine is emerging as the leading contender to join the democratic ticket as Hillary Clintons running mate according to two democrats who both cautioned that mrs. Clinton could still change directions. The announcement of her pick could come today during a Campaign Event in tampa, florida. It follows the just completed republican convention. Global news 24 hours a day powered by 2600 journalists and analysts in more than 120 countries, i am mark crumpton. Emily im emily chang and this is bloomberg west. Coming up, verizon can see the finish line in the race for yahoo details on the Telecom Giants 5 billion pitch. Pandora opens up. One million active listeners have tuned out. Founder and ceo Tim Westergren explains why he is not worried. And its not
Lag last years reports. What that means for the markets. Softbank buying arm holdings for 32 billion in cash. Well give you the details, some insight and context on this massive deal. Republican National Convention kicks off in cleveland. Whats on the agenda and what surprises could be in store . But first up futures on the rise to kick off the week. The dow and s p near alltime highs. Markets largely shrugging off the attempted coup in turkey and on a busy week of earnings, b of a beating on the bottom line, 36 cents versus estimates of 33. Deposits up 5. 8. Some of the metrics not matching those of its peers, jim. But still, this is a grind out quarter. Return on equity, getting double digit. What i liked best about it, really, this is kind of interesting, this is a company thats well ahead in mobile and you have an amazing decline in branches from 6,000 to 4600. Yeah. And that is because people are rapidly adopting mobile. Interesting brick and mortar story where you have still one
Enforcement. The shooter killed by police have been identified as for marines, 29 to gavin launder kansas city, missouri. The latest attack grazing pressures at the convention. The Cleveland Police union has called for suspension of the citys open carry laws during this event. Governor john kasich has addressed the arrest is a descendent. Hillary clinton is in the lead over donald trump is the latest nbc wall street journal poll has clinton to lead at 46 to donald trump 41. The Washington Post is granted not by just for points. 47 to trumps 43. Donald trump and his running mate governor mike pence speaking to 60 minutes on how they are prepared to leave the country. We are both ready and no doubt innate toughness, we need strength. Obama is weak. Hillary is weak and part of it is a big part of it. We need law and order here treated to the latest developments out of turkey. 6000 people have been arrested after fridays failed to put turkeys president vowing to find all those responsible.
We will go to baton rouge for the latest. We will also speak with cornel west about baton rouge, black lives matter, and why he is supporting the green Party President ial candidate dr. Jill stein. Trump is adonald neoliberal disaster and Hillary Clinton is a neoliberal disaster. A refuse to support any candidate who has militaristic policies abroad that could lead to war. Amy and we will go to turkey were close to 300 people were killed and around 1400 wounded in a failed military coup. All that and more coming up. Welcome to democracy now , democracynow. Org, the war and peace report. Im amy goodman. We are broadcasting from cleveland, ohio. In baton rouge, louisiana former , a marine killed three Police Officers. The shooting began just before 9 00 a. M. On sunday at a gas station on the citys airline highway, a mile from the Baton Rouge Police department headquarters. The Police Department has been the site of more than a week of protests against police violence. The demonstrations