And perspectives on markets across the globe. 4 growth is good. I dont think 4 growth can be sustained. Ty definitely dampens larger m a transactions. Warren buffett raises his stake in bank of america. We will be getting 30 million plus more annually from the common and preferred. And Brian Moynihan speaks about the high stakes of regulatory reform. Those are the most important things for us. Capital, liquidity, things like that. It is all straight ahead on bloomberg best. Julia welcome. I am julia chatterley. This is bloomberg best, your weekly review of the most important reviews and interviews from television around the world. Last weekend Hurricane Harvey was in the u. S. Gulf coast and the city of houston. On monday, the big storm was the big story. Floodwaters overwhelmed swaths of houston as Tropical Storm harvey continues to inundate. Leaving the u. S. Fourthlargest city crippling the energy industry. Help us with perspective on how big this issue is. In terms of the houston d
On markets across the globe. I dont think the growth can be sustained. Largerainly, it dampens transactions. Getting millions the common andg preferred. And Brian Moynihan speaks , about the high stakes of regulatory reform. Those are the most important things for us. Capital, liquidity, things like that. It is all straight ahead on bloomberg best. Julia welcome. I am julia chatterley. This is bloomberg best, your weekly review of the most important reviews and interviews from television around the world. Last weekend Hurricane Harvey was in the u. S. Gulf coast and the city of houston. On monday, the big storm was the big story. Floodwaters overwhelmed swaths of houston as Tropical Storm harvey continues to inundate. Leaving the u. S. Fourthlargest city crippling the energy industry. Help us with perspective on how big this issue is. In terms of the houston damage, it is unprecedented. We are seeing places flood that dont normally flood. If you are familiar with houston, it has a tend
Seven minutes until the end of the monday session . No trading in the u. S. Because of the labor day holiday. The focus is very much on the european trading. European stocks falling for the first day, and investors turning to haven assets the day after north korea test of the nuclear bomb on sunday. All these markets, currencies are rising against the dollar today. ,he currency of choice yen swiss franc. Those of the best performing currencies. Bond yields are declining. Korea, gold is rising today, continuing above 1300. There is some Corporate News today. Surprised departure of chief executive Joseph Jimenez after eight years of the home of no rvartis. Medical officer, the global head of drug development, enez. Succeed m s on jim bloombergrn from the pharmaceutical index. This includes the struggling business and the stake in crosstown rival. , down9 . Rival, down 9 . The euro is up by 13 this year. That is the Dollar Exchange rate, the thick white line. This is very close to the hig
A high wind warning. But nevertheless, it will be windy and it will be a factor in our weather tomorrow. Hurricane jose maximum sustained winds at 75 miles an hour. So just hurricane strength. 250 miles to the east of Cape Hatteras North Carolina moving toward the north then making that north northeasterly turn look at this making another annoying loop and staying off the coast of new new jersey until friday. So that serve surf will continue and you can see passing by as category one storm but well offshore. So as we look at the winds which will be a big impact, by tuesday morning, were talking about north north hell winds down the shore 26 miles an hour. Near 20 miles an hour gusts in philadelphia. The maximum wind will definitely be tuesday night but you can see its a 34 miles an hour gust little bit weaker than earlier forecast. And then during the day on wednesday as the storm pulls away you can see that northwesterly flow with winds gusting to at least 26, 27 miles an hour. This i
The Gordon Moody Association is a charity based outside birmingham, which offers residents a 12 week programme. 0ur Midlands Correspondent sima kotecha is the firstjournalist to be allowed inside. Ive had people say to me, like, why dont you just stop it . You try and be in a gamblers mind just for a day and then youll know what its like. It aint as easy as that. From the outside, it looks like an ordinary row of houses. Inside are some of the countrys most severe gamblers, desperate for help and a cure. It is notjust about gambling, it is about how it has infected your whole life. Based in the west midlands, it provides more than just advice and therapy for men, its britains only Residential Centre for gambling addicts and weve been given exclusive access. We believe that gambling is almost a symptom of whats going on underneath. Sort of a maladaptive coping response, if you like. So what we do is we find out where that came from and we help people to find new coping strategies that e