1 00:00:03,600 --> 00:00:08,799 Speaker 1: Busy global business news twenty four hours a day. If 2 00:00:08,840 --> 00:00:11,880 Speaker 1: Bloomberg dot Com the radio plus Globo lapt and on 3 00:00:11,920 --> 00:00:15,920 Speaker 1: your radio, This is a Bloomberg Business Flash from Bloomberg 4 00:00:15,960 --> 00:00:18,960 Speaker 1: World Headquarters. I'm Katherine Cowdery and Bloomberg Taking Stock is 5 00:00:18,960 --> 00:00:22,919 Speaker 1: brought to you by the American Arbitration Association. International trade 6 00:00:23,000 --> 00:00:26,439 Speaker 1: or business dispute Resolved Faster with the International Center for 7 00:00:26,520 --> 00:00:30,880 Speaker 1: Dispute Resolution, the leader in alternative dispute resolution around the world. 8 00:00:31,200 --> 00:00:34,200 Speaker 1: I see dr dot org. We check to Marcus every 9 00:00:34,200 --> 00:00:36,479 Speaker 1: fifteen minutes throughout the trading day. Now, let's go over 10 00:00:36,479 --> 00:00:39,040 Speaker 1: to the First Word Breaking news desk for today's afternoon 11 00:00:39,080 --> 00:00:43,159 Speaker 1: call with Bill Maloney. Bill, good afternoon, Katherine. It's been 12 00:00:43,200 --> 00:00:45,760 Speaker 1: a quiet day for the main U S savages. Daw 13 00:00:45,920 --> 00:00:48,600 Speaker 1: is currently hired by twenty points, says PIS Game five 14 00:00:48,920 --> 00:00:52,120 Speaker 1: and NAZAC rises twenty three. The small cap six hundred 15 00:00:52,120 --> 00:00:55,440 Speaker 1: climbs five points. The US ten yield hit one point 16 00:00:55,520 --> 00:00:58,920 Speaker 1: eight five percent. The two year yield hit point nine 17 00:00:58,960 --> 00:01:02,240 Speaker 1: one percent after Janet Yellen said a FED hike probably 18 00:01:02,280 --> 00:01:06,200 Speaker 1: appropriate incoming months. Seven out of ten s B sectors 19 00:01:06,200 --> 00:01:09,399 Speaker 1: are higher, led by gains in telecom financials and consumer 20 00:01:09,440 --> 00:01:14,319 Speaker 1: discretionary energy led to the downside. Transports rise forty five 21 00:01:14,400 --> 00:01:17,720 Speaker 1: as a botechs jump eighteen and the vix is lower 22 00:01:17,800 --> 00:01:21,840 Speaker 1: by point eight percent. Down leaders included Verizon, Goldman, Sacks, 23 00:01:21,920 --> 00:01:25,560 Speaker 1: and Visa, while Caterpillar, Apple, and McDonald's led to the 24 00:01:25,640 --> 00:01:30,080 Speaker 1: down side. After earnings, Big Lots rose thirteen percent, Ultra 25 00:01:30,120 --> 00:01:33,160 Speaker 1: Salon gained nine percent to an all time high, while 26 00:01:33,200 --> 00:01:35,920 Speaker 1: Powell Outdoor Networks fell as much as thirteen and a 27 00:01:35,959 --> 00:01:39,640 Speaker 1: half percent after its results. Live from the first Breaking 28 00:01:39,640 --> 00:01:42,560 Speaker 1: News descom Bill Maloney, Katherine, thank you billan to hear 29 00:01:42,600 --> 00:01:45,080 Speaker 1: live breaking news over your Bloomberg type s q U 30 00:01:45,200 --> 00:01:48,240 Speaker 1: a K on your terminal crude oil felt from against 31 00:01:48,240 --> 00:01:52,080 Speaker 1: third weekly advances. Canadian energy producers moved to resume operations 32 00:01:52,120 --> 00:01:56,400 Speaker 1: after wildfires eased West Texas intermediate crude oil down eleven cents, 33 00:01:56,400 --> 00:01:59,920 Speaker 1: the barrel of quarter percent at it's about gold downing 34 00:02:00,000 --> 00:02:03,240 Speaker 1: oven dollars forty ounce at twelve eleven and the tenure 35 00:02:03,240 --> 00:02:05,440 Speaker 1: treasury down six thirty seconds with the yield of one 36 00:02:06,800 --> 00:02:11,400 Speaker 1: And that's a Bloomberg business flash. You're listening to taking 37 00:02:11,480 --> 00:02:15,519 Speaker 1: stock with pim Box and Kathleen Hayes on Bloomberg Radio 38 00:02:15,919 --> 00:02:18,760 Speaker 1: the Memorial Day weekend. It means one thing in the 39 00:02:18,800 --> 00:02:23,160 Speaker 1: world of automobile racing. It means the Indianapolis five hundred. Indeed, 40 00:02:23,200 --> 00:02:27,480 Speaker 1: this Sunday, twelve nine pm, the flag will go down 41 00:02:27,560 --> 00:02:30,560 Speaker 1: and of the one running of the Indie five hundred 42 00:02:30,600 --> 00:02:33,800 Speaker 1: will be presented by pen Grade Motor Oil. He'll be 43 00:02:33,880 --> 00:02:36,560 Speaker 1: two hundred laps and one of the gentlemen doing those 44 00:02:36,600 --> 00:02:40,040 Speaker 1: lapses Stephen Wilson. He is of course a race car 45 00:02:40,160 --> 00:02:43,360 Speaker 1: driver and he joins us now from Indianapolis and you 46 00:02:43,400 --> 00:02:48,720 Speaker 1: can follow him on Twitter at steph Underscore Wilson. Thanks 47 00:02:48,800 --> 00:02:51,240 Speaker 1: very much for being with us. Tell us about the 48 00:02:51,360 --> 00:02:57,959 Speaker 1: race and also your campaign. It's entitled Think Solar. Hey, yeah, 49 00:02:58,040 --> 00:03:01,160 Speaker 1: great to be here. Thank you for having me show. Yeah, 50 00:03:01,280 --> 00:03:04,240 Speaker 1: the race every year it's it's pretty exciting, you know, 51 00:03:04,280 --> 00:03:07,040 Speaker 1: the month of May and indian Apolis. You see the 52 00:03:07,120 --> 00:03:10,280 Speaker 1: transformation of the city as it gets ready for one 53 00:03:10,320 --> 00:03:12,840 Speaker 1: of the one of the great spectacles and in racings. 54 00:03:12,919 --> 00:03:15,760 Speaker 1: So this year being the hundred thing at the end 55 00:03:15,800 --> 00:03:18,760 Speaker 1: of the race, it's just a lot more high. There's 56 00:03:18,800 --> 00:03:21,200 Speaker 1: a lot more activity in the city and can tell 57 00:03:21,240 --> 00:03:23,840 Speaker 1: it is an atmosphere for something special. It's about to happen. 58 00:03:23,960 --> 00:03:26,800 Speaker 1: So yeah, no, really really please and really on it 59 00:03:26,880 --> 00:03:29,320 Speaker 1: to be those ready free drivers that's about to take 60 00:03:29,360 --> 00:03:34,720 Speaker 1: the green flag. Thank Solar. Your brother Justin died in 61 00:03:34,760 --> 00:03:38,520 Speaker 1: August of last year injuries sustained at the Rising Indy 62 00:03:38,520 --> 00:03:41,320 Speaker 1: Car Series raise of Pocono Raceway not too far from here. 63 00:03:41,720 --> 00:03:43,920 Speaker 1: This seems to be one of the great galvanizers for 64 00:03:43,960 --> 00:03:46,960 Speaker 1: you to pour yourself into and your racing career into. 65 00:03:47,200 --> 00:03:51,480 Speaker 1: Think solar just is apply to race car driving? Where 66 00:03:51,560 --> 00:03:54,760 Speaker 1: is this going? Yeah? So I'm actually a part of 67 00:03:54,760 --> 00:03:58,680 Speaker 1: the two campaigns. The campaign for Brandy this year for 68 00:03:58,800 --> 00:04:02,280 Speaker 1: me is driven to say've lots um and that it's 69 00:04:02,400 --> 00:04:04,880 Speaker 1: basically a thing Justin and what he was able to do, 70 00:04:05,560 --> 00:04:07,320 Speaker 1: uh in his pass thing which he was able to 71 00:04:07,320 --> 00:04:10,320 Speaker 1: actually become a it was an organ donor, um arched 72 00:04:10,480 --> 00:04:12,960 Speaker 1: organ donor and was able to stay five lives. And 73 00:04:13,280 --> 00:04:16,920 Speaker 1: you know, we're trying to honor that and increase donor 74 00:04:16,920 --> 00:04:19,960 Speaker 1: registration UM. And at the same time, something I've been 75 00:04:20,000 --> 00:04:23,520 Speaker 1: really passionate about is I think solar. I mean that 76 00:04:23,560 --> 00:04:27,840 Speaker 1: I actually saw over a year ago, UM games at 77 00:04:28,000 --> 00:04:32,279 Speaker 1: increasing solar ad option here in the Indie cospel and 78 00:04:32,320 --> 00:04:36,120 Speaker 1: it seems sort of a little bit confusing to hear 79 00:04:36,200 --> 00:04:39,479 Speaker 1: a race kind driver is concerned about the environment and 80 00:04:40,200 --> 00:04:43,200 Speaker 1: UM that appreciate the environment and sees, you know that 81 00:04:44,240 --> 00:04:46,479 Speaker 1: the way we produce energy could be could be harmful 82 00:04:46,640 --> 00:04:50,720 Speaker 1: to it. So for me, solar is such a it's 83 00:04:50,760 --> 00:04:54,120 Speaker 1: such a viable solution to produce energy and at the 84 00:04:54,160 --> 00:04:58,880 Speaker 1: same time UM benefit the environment. So that was that 85 00:04:59,000 --> 00:05:03,279 Speaker 1: was something I'm passionate about him. UM wants to basically 86 00:05:03,360 --> 00:05:07,159 Speaker 1: introduce SOLA into the sport of Indica wherever we can 87 00:05:07,640 --> 00:05:11,240 Speaker 1: power the garage area was a lot of electricity, electricity 88 00:05:11,320 --> 00:05:14,000 Speaker 1: usage for even on pit lane. We all have these 89 00:05:14,000 --> 00:05:17,880 Speaker 1: tip boxes where all that crew basically sit around tiny 90 00:05:17,960 --> 00:05:22,640 Speaker 1: monitors and and computers analyzing data sort of energy usage there. 91 00:05:22,720 --> 00:05:25,880 Speaker 1: So my idea was to to maybe take that unit 92 00:05:25,960 --> 00:05:29,960 Speaker 1: off the grid and power it with SOLA. Now, Stephen, 93 00:05:30,000 --> 00:05:32,440 Speaker 1: you're gonna be driving a number twenty five the k 94 00:05:32,600 --> 00:05:36,360 Speaker 1: V Chevy correct That's correct? Yeah, all right, And you've 95 00:05:36,360 --> 00:05:41,279 Speaker 1: got some major competition. I know, for example that Tony Cannon, 96 00:05:41,680 --> 00:05:45,919 Speaker 1: the veteran Brazilian, he's looking for his second indianapis five victory. 97 00:05:46,080 --> 00:05:49,400 Speaker 1: And I believe that in the final practice he reached 98 00:05:49,400 --> 00:05:52,560 Speaker 1: two hundred and twenty six miles per hour, that was 99 00:05:52,600 --> 00:05:57,000 Speaker 1: his fastest lap. Yeah, yeah, I know, that's an average speed. 100 00:05:57,080 --> 00:05:59,799 Speaker 1: I mean that's what's incredible about India. You know, it's 101 00:05:59,800 --> 00:06:02,679 Speaker 1: it's center of innovation, and you know, the average speed 102 00:06:02,720 --> 00:06:05,479 Speaker 1: around here is how we judge, you know, how we 103 00:06:05,560 --> 00:06:09,400 Speaker 1: rank the order. And when people here two hundred twenty six, 104 00:06:09,400 --> 00:06:12,040 Speaker 1: they figure, oh, that's that's his top speed. But now 105 00:06:12,200 --> 00:06:14,680 Speaker 1: that's that's actually his average. You know, that's what he 106 00:06:14,760 --> 00:06:17,719 Speaker 1: was there with you around here. So that means that 107 00:06:18,240 --> 00:06:20,359 Speaker 1: on the straight away as you're reaching about two hundred 108 00:06:20,480 --> 00:06:23,160 Speaker 1: thirty miles an hour children thirty two maybe, and the 109 00:06:23,400 --> 00:06:27,240 Speaker 1: corner is just with the scrub through the corners, you 110 00:06:27,279 --> 00:06:30,560 Speaker 1: actually dropped down into flow to twenties, which gives you 111 00:06:30,600 --> 00:06:34,800 Speaker 1: that average. What's your strategy in this race? Stofun Well, 112 00:06:34,839 --> 00:06:37,080 Speaker 1: for me, I'm actually a rookie. This has manly my 113 00:06:37,120 --> 00:06:40,400 Speaker 1: first thing. So as you pointed out, you know there's 114 00:06:40,440 --> 00:06:43,479 Speaker 1: some stiff competition that I'm going up against a lot 115 00:06:43,520 --> 00:06:46,200 Speaker 1: of experience. A lot of these has been here many 116 00:06:46,200 --> 00:06:49,680 Speaker 1: many years and have a for knowledge to rely on. 117 00:06:49,760 --> 00:06:52,400 Speaker 1: So for me, you know, I want to start building 118 00:06:52,400 --> 00:06:55,760 Speaker 1: that knowledge and that means learning every single lap and 119 00:06:55,800 --> 00:06:58,839 Speaker 1: if I can uh taking the check it on someday 120 00:06:59,520 --> 00:07:02,120 Speaker 1: on the black would be a huge achievement for me 121 00:07:02,320 --> 00:07:05,159 Speaker 1: and would allow me to to get the experience you 122 00:07:05,160 --> 00:07:08,000 Speaker 1: need to come back here next year and uh and 123 00:07:08,920 --> 00:07:13,920 Speaker 1: improved situation. So um, that's that's my and obviously you 124 00:07:14,040 --> 00:07:16,720 Speaker 1: just want to champion my campaigns. That drive would save 125 00:07:16,840 --> 00:07:19,080 Speaker 1: last campaign. Trying to get people to to register as 126 00:07:19,160 --> 00:07:21,240 Speaker 1: organ donors and at the same time trying to get 127 00:07:21,280 --> 00:07:24,760 Speaker 1: people to think sola. Um. Just really thankful to have 128 00:07:24,800 --> 00:07:30,200 Speaker 1: such great partners innovative SOLA to help because become pains forward. 129 00:07:30,360 --> 00:07:32,360 Speaker 1: You are driven in many ways to find Wilson. We 130 00:07:32,520 --> 00:07:34,240 Speaker 1: wish you luck at the N five hundred this week 131 00:07:34,240 --> 00:07:37,040 Speaker 1: and I want to repeat that again. Driven to save lives, 132 00:07:37,280 --> 00:07:40,200 Speaker 1: encouraging people the Oregan donors as his brother who died 133 00:07:40,280 --> 00:07:43,160 Speaker 1: last year was, and think Solar. This is Wimmer Radio 134 00:07:46,120 --> 00:07:49,280 Speaker 1: coming up on taking stock Luxury. Brought to you by 135 00:07:49,320 --> 00:07:51,880 Speaker 1: your Try State BMW centers. Visit them online a try 136 00:07:51,880 --> 00:07:54,880 Speaker 1: State BMW dot com. At BMW they only make one thing, 137 00:07:55,080 --> 00:07:59,800 Speaker 1: the ultimate driving machine.