Meet antitrust concerns. Apple investigating reports the icon was hacked to gain access to nude photos of celebrities. Among those whose pictures were put on the web, actresses Jennifer Lawrence and kiersten dunst, and reality tvs reality tv star kim kardashian. Record 18xit a billion bankruptcy foundation and the state of michigan offered hundreds of millions of dollars to shore up the system. Lets head straight overseas to the tensions in the ukraine continuing to rise as heavy fighting escalates in the conflict, as the line estimates claimed 2600 lives. Not only are the militants clashing, but comments were just made about the statehood for southeastern ukraine this past weekend. The fighting was heavy in particular. Then we had those comments sunday over the weekend. A critical solution should involve a discussion of statehood for the region. That got everybody concerned may be with the russian president wants is a state led buffer state recognized only by russia. Russia has on its periphery. Everything russia has said is basically the east of ukraine should have more autonomy from the federal government but remain within the federal government. The spokesman then came out and said no, the russian government is not talking about independence. Those comments plus the fact he used a turn back to the imperial russia for the use of ukraine. In russiano it history. A lot to be concerned about the russian president s tensions. Tonight to deliver a warning to gluten, what might he say . There are two parts to the message. Part is a stone meal estonia. Other major countries will be protected, even if that involves the u. S. Military getting involved. If one member is attacked, all the other members have to come to their defense here and there is a concern east of europe that there are secondclass citizens. He wants to dismiss that and send a message to president about do not even think an invasion into the baltics where they are our nato members. Then the big nato meeting is absolutely massive friday. That will definitely focus on the ukraine. Thank you on the latest there. The latest in ukraine from london. Lawmakers in washington all over the sunday shows warning of the threat of the growing Islamic State in the middle east and arguing the president and the administration should have been doing more. I was astounded when the president of the United States said the world has always been by socialaccentuated media. That means the president of the United States is either in denial or overwhelmed. Mccain was not alone in his critique. Howing us now with more and this could play into policy, peter cook. The pressure is on the president to do more, particularly in from of the comments mccain. We are used to hearing that from mccain and his cohort. Other republicans urging a much more aggressive policy. They have been critical of the president s handling of iraq and syria in particular. Not a huge surprise were hearing john mccain laying it on the president right now. More of the surprises we now have democrats also joining the. Horus Dianne Feinstein of california was on the sunday shows that as. Ell shows as well have learned one thing about the president. He is very cautious. Maybe in this instance, too cautious. I know the military, the state department, and others have been putting plans together. Hopefully those plans will coalesce into a strategy that can encourage back coalition. The meantime, were hearing from right out from white house officials. They do not want to rush into problems. They want to rush into the notion of military action in syria. At the same time, theyre also the militaryfar actions have been successful. Finally, they make the play the u. S. Right now with limited action or so far have worst regional players to confront the isis threat and the Islamic State threat on its own without the u. S. Having to take the lead. Ultimately, that will be a successful outcome out of all of this you request outside the airstrikes, any clues as to what the president might do next . He is heading on this trip to europe. He has got this nato meeting. The Islamic State will be a hot topic, particularly that nato summit. The president will continue to push to have nato allies play a role in all of this. Other European Partners as well. The trip may be more important, john kerrys trip to the region to try to bring some of these players in the middle east on board to fight this threat on board even when they dont agree on some of these issues. Thank you so much. On m a. News m a tuesday. A cruise line holding to require four over 3 billion. A merger in the cruise industry. That is on top of the other deals this morning. Dollar general, Family Dollar stores. According to people familiar with the matter, ilia is talking to private equity firms teaming make a group offer for tmobile here. A second route around. To break it all down for us is our bloomberg editor, jeff. Great to see you this morning. Happy tuesday. Walk us through the Dollar General store. We are running the gamut. From cruise lines to dollar stores. They bumped their bid and it was not expected. Dollar general had rebuffed. The real concern had been antitrust. They were worried they had a lower offer from dollar tree but felt they would sail through d. C. And there would be limited antitrust risk. They bumped their bid for Dollar General and also knowledged that would not do it and theyre willing to sell up to 1500 stores. If the deal fell through, they would at least get 500 million and could perhaps go back to dollar tree. Nelson is in there. They are looking to get the best bid they can. They will have their lawyers go back through their analysis to say, is this going to cut it . What about iliad . Go 35 oright need to higher to get Deutsche Telekom and tmobile interested. Theyre going to companies and also private equity funds. In an ideal world, they would love to private equity. It would let iliad and the billionaire run the combined companies. It is still not clear if a deal will get done. Stories have other pushed shares down. That will cause pressure on them to drop the deal and walk away. Telekom, the owner of tmobile. What if they said they wanted . They wanted between 35. Not to salad. At least we will get them to engage. Out there floating around, people assume charlie may also get involved. That would make it really interesting. Maybe in a year, spring comes back. Who knows . Unique perspective, some of the top stories we just covered, i want to turn to my guest host, mike dolan. The former ceo of i and she worldwide. Health engineer with cbs. He is the interim ceo. Great to see you this morning. Happy postlabor day. Weekend. Red from the we are back at it again here with m a. Have seen your fair share of these kinds of deals in your career. What is behind all of this . There is a lot of money floating around in a lot of money is available for deals. You were just talking about the tmobile deal. Disruptor and someone who built all this money himself. He becomes a lowcost participant in an industry. He uses that to cut rises. Tothat is what he is going do in the u. S. . He is looking at a cable bill and saying, that looks like a pretty rich bid to go after. The year . Inue into it will as long as the money is as loose as it has been. I have got to ask you about this icloud hacking over the weekend. All of us woke up to the news and got worried. What about discussions on hacking and cyberattacks in the board room . I think the whole response to those cibers attacks were something that were not my pay grade. The outcomes are horrifying. I think it is terrifying. I also think a lot of the companies they havent trusted their brands to our really mom that are nottions sufficiently sophisticated enough to deal with it. With topalt celebrities and athletes. How do they protect their private information . Individuals, people who have 10 knowledge they have. Interesting. Stay with me, the former ceo of ing worldwide and current ceo of the up next, a ceo Bob Benmosche steps down for after five years. He tossed the comments he made about the government early on in his tenure. And count down to the kickoff. We are talking the many issues on the nfls play this season. The owner of the Miami Dolphins and the president of the jacksonville jaguars. We will be back. The end of an era for Bob Benmosche. He turns the reins over to Peter Hancock. His health was also worsening. It was not the only thing we talked about at his villa in croatia. We also reflected on his five years tenure, marked by a variety of france against lawmakers and regulators who he felt were trying to bury the company. I asked him about one, in particular he made shortly after becoming ceo in 2010. Can i name some of them . You said you had bigger balls than the government. That was in a private meeting. Let me give you the context. Each one, you have to have context. Or eightbout seven people. I know who leaked it. He had a self interest in his position. That is ok there it everybody has self interests. Argument witho an me and said, you cannot say these things and demand of us the performance you are demanding here we have the government to deal with. The government is setting the rules and regulations here it i said, no, they are not. We are going to run this company. Im not worried about it. They could come after us. Think they have a lot of balls, but the fact is, i am not worried about the size of mine and i will tell you, the government is going to tell me how to run the the company and i will tell you, because that is what they hired me for as eeo. I brought up the controversy over the 165 Million Dollars in bonuses in 2009 in the amount sparked an uproar because of the same aig unit that would have destroyed the china if it werent or the federal ale out. I want to read one quote from georgia. He said, we are in effect at work. Yes. A war over the 165 million worth of onus is. At the hundred Million Dollars spent between four firms, and i will not name them. One was an accounting firm, one was a lawyer, legal firm. An assetne was management business. The other one was in consulting. Four firms. Out of aigspaid million tos, 100 watch the people of aig work. To see if theyre doing the right thing. Whatever this congressman said, we spent 100 million watching that he paid 165 million to. Maybe i am not. Maybe im the crazy one. Not know. Catch more of our conversation. Also coming up in the next hour, we will talk about Bob Benmosche s company. Moving and shaking this hour, another wall street titan. Jpmorgan Ceo Jamie Dimon has pledged to spend billions of dollars to improve compliance and cyber security. He has cut ties with potentially risky clients, including banks. Exposedsold businesses to more scrutiny by regulators. Regulators are treating jpmorgan as though it is as risky as ever. 35 billion cannot be used for dividends or buybacks. We will be back. You are watching in the loop live on Bloomberg Television and streaming on your phone. Good morning. I am betty liu. Here is a look at Bloomberg Top headlines. Frommay be banned operating in germany. Uber drivers do not have the necessary permit. It may ask for another hearing. Eric cantor goes to wall street. He has been named vice chairman of an investment company. Washington office for the firm. He lives in virginia. Apple will turn an iphone into a mobile wallet. According to a person familiar, apple agreed to partner with visa, master art, and American Express to make mobile payments easier. Certainly, a lot of questions about security after the hacking of its icloud system, which it is investigating right now. In the meantime, it is 26 minutes past the hour. Bloomberg television is on the markets. Alix steel has much more on the early trade. Futures in for focus. Futures trading at a twomonth low this morning. A separate seven month high. Joining me for more on how you should be trading it, greg bender and todd coleman, senior. Ice resident i want to start with you. Loveis meaningful, it is a the 200 average. That is important. Triggers a lot more selling. What was the catalyst this time . The dollar. Multimonth highs, not just against a few currencies but against all of your major currencies, specifically the yen and the euro. We are seeing pressure against the commodity complex in general. A lot of Commodity Traders and goal traders are trend followers. The average will just bring more selling, most likely. Last you heard greg day we will a more selling. Iwould be your trade . Agree. The strength of the dollar is driving the gold here this morning. You have october coming up later in october very thatll give us a line in the sand as to when they will raise rates. Asset purchasing program would push gold prices lower. If you look at a gold volatility chart, were hovering over 60 year lows. Not a bad area to be a seller here with volatility on the lows. Act at you be buying it any point . Is this a pure cell and go a great trade and go away trade . I would have been a seller possibly friday. I think we are looking at a touchdown area of 1250. The early june lows and after the highs in march, it suggested that would be a waiting area to get past midterm elections. In and out of this trade in about six weeks. Lehman turns here am a gold is trading around 70. Possibly 38. 250, that is the trade. Both of them are talking about the head and these eb might have more power when it comes to gold and more power when it comes to the dollar. What is your take . Is almost like going back 20 years ago when japan started exporting the equation and people started talking about that now with the european union. Will they start exporting around the globe, which, again, bearish for gold prices and bullish for the dollar. To tods point about gold volatility, one of the reasons it is so low in trading near is we have nots broken out of that 14001180 range yet. If we get below that come you will start the volatility pick up. Perhaps we are buying at that point . The Major Players have already exited the market. Five years low in the futures contract. Gold etf is trading well below normal volumes. We will start to see pick up there. I want to get your quick take on where the geopolitical risk is. I think the middle east is more affecting the oil trade. With treasury yields on the rise seemingly over the next few months, that will be the safety trade. Ald right now will take backseat to other safety asset hiding places. Placeas been that hiding over the last 10 years but it has run its course. We will see volatility pick up and that indicates volatility prices, there will be more attractive various to relocate those. Thank you very much. Betty, back to you. Thank you very much. Coming up, with the nfl season to kick off on thursday, are you ready . Here from the owner of the Miami Dolphins about some of the biggest issues facing the nfl. Plus, reports actors iphones have been hacked over the weekend. Much more is straight ahead. The Labor Day Weekend was ripe with football. Not even on a practice squad. He is the first openly gay player to be drafted into the nfl. Does this mean his career is already over . For more, were joined by an allstar panel of the business side of the football panel. We are calling the nfl state of play. Miami dolphins owner stephen ross joins us. Host this hour, who knows quite a bit about athletes, he was the former chairman. Join me as my guest host this hour. Thank you so much as we kick off this week. Steve, how are we feeling . We are excited. Everybody is waiting for the kickoff. It is that to football. When do you stop feeling good . After the first loss [laughter] might just be a very small part of the grand scheme. But he did make headlines over the weekend. To bethe guy whos trying the first openly gay nfl player. He was cut by the rams. Would you be interested . He would take a look at him. Otherare over 1000 players cut. I heard the team in the Canadian Football League is interested in him. I love other opportunities. He came out openly gay in a very tough guy did it ultimately hurt him to do this . Life i dont think so. It probably benefited him. He is not the only gay person in the nfl. I would doubt that. What he did do is have the courage to come out and acknowledge it. This is a time in 2014 in the stigmastates where any that would have been associated with that 20 or 30 years ago has long since gone. It is gone. Know if was there any affect in the clubhouse to michael sams comments . I have not heard anybody. We are looking to draft forward. We are looking at merits of the player and not looking at that. This is something the press makes a lot of to do, but as things are accepted and things are excepted like that, because they should be, it is less and less. Nfl isoes into how the at this transition point and what issues are affecting the nfl. We are not just talking about acceptance of gays and others. List, the apology tour. Dell said, i blew it when it came to coming down hard on players who commit offenses like domestic violence. Battle speaks to whether football in the nfl are showing when it comes to various issues like this. Mark, jump in. I want to get your take and how this might affect the team. Theres no question that speaks to the seriousness of the issue. An outstanding job leading the league. There are issues every business has to deal with. 100 confidence in roger and his ability to lead the league in a positive way. What did you think . It is a privilege to play in the nfl. When they see people there who , there is be playing a certain level that will be put up with. Roger saw that. The nfl will be what it is. It is held to a High Standard and roger really believes in that. I concur with roger and i think hes doing the right thing. Hat is good for everybody youre trying to clean up football. You are against bullying. Yes, im against bullying. What came out last year, it couldve happened anywhere. I do not think we were unusual about that but we learned a lot from it. There is the dolphins credo. There is a picture of some of the teachers put up. The Miami Dolphins credo. We wanted to really see and create real leade