Orders for its ipo early because of overwhelming demand. They are right in the middle of their roadshow. Taking aim at russia, tightening sanctions on 15 companies, limiting their ability to raise money. The president of estonia spoke to ryan shook a two Ryan Chilcote spoke to Ryan Chilcote this morning. We have the worst violations of International Law since 1945. We have the annexation of territory, which is in violation of so Many International agreements. Until we return to the status quo, i do not foresee a complete removal of sanctions. They will be in place as long as we have this major violation of the national law. Bloombergs alix steel has been looking into companies affected. For investors heading off to work today, who are the companies affected . The actual russian companies, three Main Energy Companies to look at, Natural Gas Company gazprom, the oil giant, and a transport company, plus there are three Industrial Companies that will be affected, including united aircraft and nine defense companies. On. Adds back in july when we got those stateowned banks by russia that the u. S. It is expected the u. S. Is expected to follow suit appeared will be the biggest impact on u. S. Companies . The biggest risk to follow suit. Will be the biggest impact on u. S. Companies . The biggest risk is to oil companies, services that come with equipment. Perspective, i was talking to someone from raymond james, who says russia is less than 5 of earnings for the Top Service Providers with russian operations. It is kind of a drop in the bucket. Arguably, the biggest risk is from bp. Net. Own about 20 of roz exxon has committed a large amount of money to drilling in the art the arctic. It could equate to almost 900 billion worth of revenue. What about other sanctions . Thats one of the questions we are trying to come up with. Will it affect the Defense Industries . I was talking to george ferguson. He said, not really. We dont really sell that much to russia, russia doesnt really buy that much from us. The real impact would be in the commercial airbus space. Russia doesnt have any sort of replacement for that. Knowing an airbus would want to keep delivering. Boeing and airbus would want to keep delivering. Thank you so much for that, alix steel. Moving and shaking this hour, jp morgan Ceo Jamie Dimon is not letting Something Like chemotherapy and radiation slow him down much at all. The banks cfo says dimon is sh ockingly present. Dimon is scheduled to finish treatment for throat cancer. Warren buffett sent him an email urging him to watch episodes of breaking bad during his treatment sessions. Call also got a treatment from none other than the president. Now comes the tough part. Dimon will have to wait several months to see whether the cancer is still present. Liar those are the words spoken to me by the owner of the Miami Dolphins in support of nfl commissioner Roger Goodell. Believes good l did not see the videotape that shows ray did notbelieves goodell see the videotape that shows ray rice knocking out his then fiancee before it leaked this week. There are prior reports that claim it is impossible godde goodell did not see the tape previously. Ross joins other owners backing him in the wake of the ray rice controversy. For more on these exclusive comments, i want to bring in our columnist, who has right our columnist who has written quite a bit about this story. You say it is no surprise the team owners are supporting goodell. Has made them a lot of money. The revenues last year were 9 billion. 25as pledged to up that to billion. The owners have no choice but to come out and support him. He is very comfortable in that world. They are comfortable in his. How is goodell how has he increased the value of these teams, franchises . Goodells mantra is , which mightields be what got them in trouble this time. You see all of these walkingback comments and all of these contradictory statements, insularity. An attempt to project an image of the league that is contradictory to what we know as a fact. Is it measurable . We can see how the ray rice controversy has impacted the money of football. Has it . I dont think it has, and thats really the sad thing. The league has withstood a lot of firestorms over the years. Concussions, ticket scandals, steroids, things like that. It will be interesting to see how viewership is impacted. I dont think it will be. I dont think advertising would have much of an impact either. The ceo of verizon came out yesterday and said Roger Goodell is a man of great integrity. Unfortunately, i think people will still tune in sundays, despite all of this. We have a chart or table that shows the number of other players who have been accused of Domestic Violence. We are not talking about ray rice being an outlier. This has been a problem for the nfl, perhaps it was a ray rice videotape that brought this out. This is us to stomach this is a systemic, institutionalized issue. There have been 13 total games of suspension. This is not an issue the nfl has taken seriously in the past and we have no reason to believe they will take it seriously in the future. What would it take for the team owners if they did want to oust goodell . It would take a major groundswell of Public Outreach am a first of all, which we are seeing right now. It has been sustained in a way the league never imagined possible, frankly. I dont really think that Roger Goodells alister ouster would be any kind of systemic change. We need an entire overhaul. There would need to be a 75 majority, right . We would need 25 of 32 owners to vote him out. Which is impossible. Do weing female fans see any evidence of that . Not in the slightest. It is really unfortunate. Even right after the suspension came down for ray rice, you had female fans giving him a standing ovation at preseason games. I guess football rules all. Thats what they are going on. In yesterdays game, you saw many of them wearing his jersey, number 27. They are still selling his jersey on the website. Thank you so much for joining us. Our Bloomberg View columnist. It is finally here, apples new iphone is available for preorder starting today. Bey customers might not ready for an upgrade. Companies are picking up on the trend. That is why the trading game has never been hotter. Bloombergs julie hyman joins us now. Which companies are offering the best deals . They all have deals and they are all trying to outdo each other with the deals. Tmobile says it will give you the best deal on your tradein. If you find a better deal somewhere else, it will give you 50 extra. I might be the best deal out there. They are all offering something. At t is offering 300 extra offering 300 extra. Sprint will try to match all the other carriers as well. It depends on what model of iphone you have, what the value is, what condition it is in, etc. Then you have the retailers getting into it also. Walmart, in addition to offering tradein rebates, is cutting the price of the phone already. You can actually preorder just the regularsized phone, not the plus thomas for plus, for 179. When you pick up the phone, you get a 15 walmart gift card. Target also has tradein offers. Best buy offering some tradein offers as well. It varies depending on the various phones that you might have. What about the deals on the phone plans . The phone plans is very important as well. Look right now it looks right now like sprint is offering the best deal in terms of the data plan it is offering with the new iphone, 70 a month and up from there. Verizon is the most expensive when you look at the various phone plans, whether it is on the iphone or on existing phones and existing plans. I heard that the Apple Store Website crashed . Apparently it did crash. It went on sale, as you know at 3 00 a. M. New york time, midnight on the west coast. There was such a flood of demand that it caused problems, echoing some of the problems with the screen name a lot of people were trying to watch it. The translation into mandarin simultaneously as they were hearing the english. They were having interruptions to the stream. There have been a few a few snafus. In this new iphone cycle. You cant make that stuff up. Much, julie hyman, our senior markets correspondent. Coming up, congress has made a lot of noise about American Companies moving overseas to avoid u. S. Taxes. Will anything really change . Puts down some roots and buys a big chunk of land in San Francisco for its new headquarters. We will talk to the developer partnering up with uber. From washington to omaha, movers and shakers weighed in t theweek on in version, attack strategy that allows u. S. Companies to acquire foreign ones and adopt their tax rate. Asked burgerdurbin king not to relocate to canada with its purchase of tim hortons. Warren buffett commented contacted senator orrin hatch about in versions. All this after secretary jack lew said a change to the rules is coming. Any action we take will have a strong legal and policy basis, but will not be a substitute for meaningful legislation. It can only affect part of the economics. Only a change in the law can shut the door. Only tax reform can solve the problem in our tax code that leads to inversions. Will the law really change and how . With me is steve rosenthal, a senior fellow at the Brookings Tax Policy Center who has done a lot of work on inversions. What could change in the tax law coming down from the treasury secretary . Thank you for including me. Everyone agrees corporate inversions are a problem. Congress have been on for the last few months, waiting for congress to act. Many believe that treasury could act if congress does not do so. We have a couple weeks of congress before they recess, then people will turn their attention to secretary lew to see if he follows through on what he suggested, that treasury might get act on inversions. What would be the headline from that . What would be the big move the jack lew could make . The headline would be jack lew takes the juice out of tax inversions. Right now, u. S. Corporations that invert sidestep a lot of taxes. It becomes economically attractive for them to flee our country. There are pending legislative proposals to remove those incentives, but many believe that secretary lew can take steps on his own which would remove some of the tax incentives for u. S. Companies to leave. Thats what i mean. Would it is essentially being banning all of these inversion deals from this date on, period . The secretary cannot ban inversions. What the secretary can do is prevent interested actions on loans by a foreign parent to a u. S. Corporation. Invertsu. S. Corporation , it often leverages up with a lot of debt from its parents, its foreign parents, taking lots of interest deductions and reducing and eliminating its u. S. Tax. Secretary lew could try to limit or prevent those interested actions. Know i agree that everybody thinks inversions are bad. There are many ceos who think it is not bad. ,e spoke with one former ceo former ceo of american express, who fully supports these inversions. I want you to hear what he said about how he views these deals. If i run a corporation in the United States and im in new york and i pay state taxes in new york and i decide to move my corporation to texas to pay a lower tax rate, among other things, why wouldnt new york say, wait a minute, thats unpatriotic, you started your company in new york, why are you moving out of new york . It is ridiculous. Companies operate in a way to maximize their business. Why is that wrong . Sure, Companies Operate in a way to maximize their business, but companies also owe taxes. Take working for instance. We inspect their food products. We maintain roads and bridges. We educate and train their workers. We subsidize their health care. And for all of that, we expect something in return. The problem here is we need to defend our tax base. If we allow in versions and companies to selfhelp and sidestep their tax responsibilities, we wont have enough left for the rest of us. All right. However, the company say, look, we are moving overseas. We are going to pay a lower tax rate. It doesnt mean we are completely abandoning the United States. In fact, we are able to maximize our profits if we are able to maximize our profits, we can hire more people and put jobs back in the u. S. For sure when i u. S. Company inverts, nothing changes. Production stays here, jobs stay here. The only thing that changes is taxes. The question is how do we make up for that shortfall in taxes. If we dont make up for the shortfall, the rest of us american taxpayers are left holding the bag. U. S. Companies provide lots of economic benefits, good things, but we also need taxes. Thank you so much, steve. A whole lot more coming up, including some startling figures about the number of troops fighting for islam escape. There are a lot more than the cia originally thought. Also, attacking General Electric on its home turf. We will talk to the ceo of a Swiss Company that is doing just that. You are watching in the loop , live on Bloomberg Television, streaming on your phone, and television. They have reached a deal to replace three Board Members with icahn associates. That will avert a deal with a battle with icahn. The agreement comes on the heels of the monday announcement of the resignation of the ceo. Ford is recalling more than 200,000 cars, among them the escape and focus. Gm has put a hold on deliveries chevy hotselling corvette. Olympic medalist Oscar Pistorius has been found guilty of culpable homicide in the shooting death of his girlfriend, reeva steenkamp, on valentines day of last year. Global homicide is the equivalent of manslaughter. Culpable homicide is the equivalent of manslaughter and could carry a sentence of five to 15 years. The judge ruled yesterday that he was not guilty of murder. We are on the markets. We will get another peek into the consumer. Retail Sales Numbers for august will be out. We are on the markets again in 30 minutes. Back in washington, the cia has increased its rough estimate of Islamic State fighters. Could fallbers between 20000 and 31,500, up from 10,000 in may. Americas escalated offensive against the organized nation contains complex and challenging components against the organization contains complex and challenging components. The man faced with the job is secretary of state john kerry, someone who has been taking a closer look at the job he has ahead of him is White House Correspondent phil mattingly. Thats right. If you want to know how important the regional allied piece of the administrations strategy is, take a look at where the president has dispatched his top deputies over the past two weeks. Multiple visits to countries like saudi arabia. Today, secretary kerry landed in and kara in ankara, turkey. Alliesre very reluctant in that region who are essential to the administrations push going forward, be it in training or just getting them to back any type of Movement Forward on the Islamic State. It is something secretary kerry underscored yesterday in a meeting with saudi arabia. This meeting could not happen at a more important time. Frankly, it could not include a more Important Group of partners. Every single country represented here today, including especially iraq, will be a critical part of the effort to destroy isils ability to terrorize. Coming out of that meeting yesterday, the secretary was able to secure a communique from 10 Foreign Ministers from regional allies, saying they would be willing to back the u. S. To the extent they were needed in their push against the Islamic State. He high in the scenes, the complicated process is still very clear. Countries are wary of giving public support to the u. S. , wary of giving military support to the u. S. There is no shortage of work the secretary has to do to secure the coalition the president has laid out. Is there one single most important country they need to make sure coal operates with them . There is one for sure make sure coal operates make sure cooperates with them . There is one for sure. But it was the Security Advisors work that cleared the way for the administration to secure saudi arabias commitment to serve as the host for training and equipping of syria s rebels going forward. U. S. Officials are very happy with that development. Another country to keep an eye on is turkey. President or to want perside erdogan met with president obama last week. Turkey refuses to sign on to the communique. The Islamic State is holding captive more than 40 turkish government officials that were seized at a consulate. As long as those are in Islamic State hands, its unlikely the u. S. Will get fullblown turkish support. Thank you so much, phil mattingly, our White House Correspondent. We are only a few weeks away from the debut of our new program with Mark Halperin and john and john heilman. 6,starts monday, october only on Bloomberg Television. Retail sale numbers are breaking they pretty much match estimates. Core retail sales are in line, up 3 10 of 1 . Economics editor mike mckee has the breakdown. You are right, we do get a six 10 a 6 10 gain. That is good. It has been month after month of declining increases until july when it was flat. Everybody was wondering what happened to the consumer. Autos solda lot of during the