we have a problem still. because he was able to command his wits when he made the first threat. and here we are now. we have not done something that has lessened his anger. kieth morrison: there was one more step before his release. california's then governor, jerry brown, would review the decision. and could reverse it to keep him in prison. the la county da's office wrote a letter to the governor, urging him to do just that. so did bradford's family. shaun rickerl: i contacted the governor's office. i wrote a letter. my brother wrote a letter. and i had two senators actually co-sign a letter. kieth morrison: lewin acted too, through the media. tried to persuade california governor jerry brown to keep bradford locked up. he's looking to even up scores before he dies. kieth morrison: then a week after memorial day 2018 came this letter to governor brown.

the evidence shows that he, meaning bradford, currently poses an unreasonable danger to society if released from prison. therefore, i reverse the decision to parole mr. bradford. when it came in, it was a lot of shock, but also a lot of relief. kieth morrison: that relief would be temporary. in june 2019, bill bradford was again granted parole. and like last time, that decision needed approval. this time there was a new governor in office, gavin newsom. but it was the same result. like his predecessor, he too reversed bill's parole. so bill bradford remains behind bars. and the mighty columbia rolls by a little cemetery where a woman who loved life, and her children, and put up with a difficult husband, is at peace.

that's all for this edition of dateline. i'm natalie morales. thank you for watching. welcome to "street signs." i'm willem marx. here are your headlines. global stocks fall as the death toll from coronavirus rises to 170. hundreds evacuate and roche's firm is focused on getting testing gear to the areas. >> we are impacted like any other company. our focus is to bring the

necessary diagnostic platforms and tests to the point of care >> decline in oil and gas hit shell. net income drops the most in more than three years. the ceo says he's bracing toer a tough 2020 >> if you look at investment positions we took in 2019, on average, they had a break even braes of le price of less than $30 deutsche bank with a loss. d dramatic restructuring dents the bottom lines >> it was a combination of things client engagement and overall environment and some of the overhang of brexit and others dissipating. unilever fourth quarter

sales still manages to beat expectations ceo says the consumer group has so far seen no impact from the coronavirus outbreak >> i think we'll have to wait for february when people come back from holiday to see a return to sales and impact on our business and also to see what trajectory the disease takes. the death toll from the coronavirus outbreak has risen to 170 with the number of confirmed cases above 7,700. around 88 cases have been reported outside of china. world health organization will meet again today to discuss whether the outbreak constitutes a global health emergency.

meanwhile, evacuations of foreign nationals are being evacuated. 16 separate airlines have canceled flights to china oust concern the virus could spread further. the outbreak could grow more the china's center for social sciences that the outbreak will peek in mid-february and be over in march the chinese economy was already growing at the slowest rate in years at just 6% british media reporting a planned rescue flight will now not take place today the uk government is working closely to bring these british people back to the uk. they will be placed into

supported isolation for 14 days. you can see all of the major indices here are in negative territory. the ftse 100 down around 0.60% the ftse mib down 1.1% looking at the asian market. the hang seng down 2.6%. the nikkei down 1.7% tokyo watching the situation closely. the kospi down 1.7 and in korea down 5%. you can see oil and gas, this is a separate story oil and gas stocks down 2.1% in europe technology stocks, a huge amount of earnings are down

telecom is off bit of a bright spot in europe is utilities a number of europe blue chips are the biggest movers shares are rallied to the top of the stoxx 600 as the clothing maker reports fourth quarter results. the retailer announced its ceo would step down to become new chairman with the company chairman taking his place. you see those shares skyrocketing up over 9.3%. the watch maker reporting a fall in sales due to the impact of anti-government protests in hong kong the swiss group saying it expects the region to remain challenging in 2020. you can see shares down around

4.8% unilever shurging off a bit of a sales slow down. reporting the slowest levels in a decade but still manage to beat expectation you can see shares trading higher about 1.8% here in london royal dutch shell, the oil giant reporting a 48% drop in fourth quarter net income reporting a three-year low the oil major was hit and said the buy back plan is subject to conditions those shares currently down more than 4%. we asked the ceo for his take on the performance. >> it is fair enough to say the macrohas been tough this second half of the year we have a strong ending in q4.

remember, that is always difficult for our industry $47 billion of crash flow for the year, not bad. we needed to invest in growth. continue to buy back shares, $25 million of it. then the mack b row will probably force some choices on us >> the potential impact of coronavirus fears on the global market >> the coronavirus will keep a lot of people on edge and rightly so it is very concerning. a lot of people will be anxious. we are monitoring closely what is happening also for our operations in china. i am absolutely convinced it will not help sentiment. at this point in time, sentiment in oil markets is not so much

about supply it is all about demand whether it is justified, yes or no i think we have to prepare for a tough and uncertain macro. >> deutsche bank has reported a worse net loss of $5.3 million euros. it has insisted it has made progress for plans reporting a ratio of 13.16% at the end of the quarter my colleague is in frankfurt this morning picking through some of these results. they say they are making progress do the numbers show that in any way? >> actually they do, to be fair. it is like 70% of the restructuring charges they had a

big loss and that was wider than expected that is because they are running down their bad banks faster than they previously thought. so i guess, yes, they are doing better than expected when it comes to the restructuring as well, the investment bank is surprising on the upside fit trading which is big for deutsche bank is coming back the revenues here are up 30%, which is a promising sign for the new year with the exiting of the equity business, they are concentrating on that specific area of investment banking they used to be strong and are auto regaining a giant the fourth quarter was a mixed bag. they could benefit from supporting momentum from the

general banking industry i caught up with the cfo of the lender and asked him how he thought the fourth quarter went. take a listen. >> we were pleased with the momentum we saw especially coming early in our restructuring. it was gratifying to see that momentum support our businesses and clients come back. our revenues were up 22% year on year which demonstrates that we participated better. >> was it clients coming back, the general market was performing better than expected? >> it was a number of things i think the outlook of some of the over-lahang of brexit trade war. in our business, we had strong

performance of core rates that doubled year over year credit business which is large, had a very strong performance. >> when we look at regions, is u.s. doing well? >> the u.s. outperformed some what across a range of products, but so did europe. >> looking at the beginning of the year how did the year start so far? >> we are always cautious talking about the current quarter. we are pleased to see the momentum in the early quarreller the signal and strength of the franchise is the critical item at this point in our path. >> we think the u.s. administration will stay rational so to say in the tactics so we don't get more head winds from trade headlines.

>> it is an important signal that they've reached this first agreement. there is a process under way we'll live for some time with the on again, off again progress you've established a new plateau and relationship to build on >> how much do you think the coronavirus might knock off from general growth it looks like it is spreading quite a bit. >> for us, it is too early to tell the financial markets are reacting to the uncertainty the virus presents we have some precedents from the past and we need to watch how it responds in short, it is too early to tell. >> essentially, despite the big

loss, they are optimistic for this year because they are seeing that the measures have introduced, also baring some fruits in various divisions in the companies, especially investment banking we have a loss in the pre-market session but now the stocks have turned into positive that must be also because the market seems to be relieved because the capital position was better than expected nobody could believe they could do it without another round of capital hike what they want to prove is that they can do it without tapping the market for more capital. even during restructuring, they managed to increase the capital ratio. >> thank you for that interview. for those interested in the ceo

comments, deutsche bank is holding their conference right now. he is speaking let's listen to what he's saying the importance of the role of the german economy is also underlined by the fact that last year, we handled almost $3 billion cash this means we are well positioned in the growth market of payments. additionally, the revenues with fin text and digital platforms rose by more than 50% last year. he with see considerable opportunities for growth, not only here but in particular

numerous countries in asia a key element will be the restart implementing the coverage at home that has been successful at home in germany, multinational firms use seven of our products. corresponding figure is just four there is plenty scope of growth there. and growth is something we are also seeing in our investment bank >> that is the ceo speaking in german with a female interpreter speaking over him in english >> reporting a 24% rise to 774 million euros. also increasing assets they spun dws off in 2017 and

reporting a dividend of 1.67 cents a share. sharing the sources of some of the outflows >> we have a mix of where wei ae driving partnerships from. they've again rate 8 million of in flows in addition to that, we have new clients coming on board. a good example will be the funds we launched in the fourth quarter, which will be a good mix of clients we've had in the past >> coming up in the show, unilever ceo tells cnbc why he's positive about his company's performance despite just missing the sales target for the past year

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beyond the not-so-routine cases. comcast business is helping doctors provide care in whole new ways. all working with a new generation of technologies powered by our gig-speed network. because beyond technology... there is human ingenuity. every day, comcast business is helping businesses go beyond the expected. to do the extraordinary. take your business beyond. welcome back unilever shares are up this morning as the company announced

a potential selloff of its tea business the consumer goods giant reported 2.9% sales growth, just under its 3% to 5% guidance the maker of dove soap and ben&jerry's ice cream came in lower than expected. we sat down with the unilever ceo and asked him about his immediate priorities and if he's worried about the underlying sales growth >> we came in last year 2.9% growth and posted market improvement record cash flow

report that turnover range we have guided is exactly why we called out growth going forward >> you came this and stuck to the target you are close to that. are you going to hit it? >> we are close to that. we can see a way easily to get to that. if it ever came a tradeoff between growth and margin, we would priorities growing the business >> your peers have been more bullish. are there external factors your business is exposed to that yours is not >> when you say peers, it depends on what you are referring to we have a big business in the emerging market that is more

volatile one reason we came in slightly below, we saw volatility in emerging markets we believe that is a huge advantage into the future. but we have to accept the volatility that comes with it. >> you mentioned the first half. i wonder what it is about june you think will change. >> the slow down in the fourth quarter was largely driven by difficulties big indian business where the indian macroeconomy has slowed down things in the middle east and west africa. we are being cautious. and it might take a little time. >> meanwhile, diageo has posted

a 24% jump in its chinese net sales. the drinks giant said they expect growth to come in at the lower end of guidance. telling cnbc they continue to closely monitor the coronavirus outbreak >> our focus is on our people and ensuring they are safe and taken care of. we put those policies in place in terms of the business impact, it is too early to tell. >> production facilities do you expect to see any impact on those facilities a the this point? >> our business in china has been strong. can you see it in our first half numbers. both businesses have performed strongly our focus right now is entirely ensuring our people are safe and

taking the right precautions we'll deal with the business impact as the business develops. >> i get that point around safety part of the safety measures from other companies are there people are just not coming to work. are you dealing with a situation like that at this point? >> we have policies in place coming out of chinese new year, people are on break. ensuring where they are in the country that they either work from home or come into environments that are safe those policies are in place. our business is spirits business in china we make biju and import scotch whiskey. those are in go health you'll see. and roche announced sales growth in low to midrange after

medicines increased their top line full year sales rose 9% thanks to solid demand for new drugs. that success helped to offset performers older drugs have faced increased competition from cheaper copies in europe and u.s. my colleague julianna tatelbaum spoke to the roche ceo today and asked about the outlook about the company's business in china. >> we have seen continued strong growth in china both in pharma and die nagnostics business the decline in fourth quarter is entirely due to a planned inventory reduction. we see continued strong growth and we expect this growth to continue >> what is your long-term plan

for china? >> we are very bullish for china. there is an enormous medical need to bring medicines and tools to many more patients in the country. it is reflected in the numbers and will drive growth for many years to come. >> die nagnostics in china, let talk about coronavirus you guys were first out of the gate with testing. what is your perspective on the outbreak >> we are impacted like any other due to travel restrictions, due to isolations of entire cities our focus now is to bring the platforms and tests we have developed rapidly. that is challenging given the

situation in china that's what we are focusing on of course we are monitoring how the situation evolves in china and beyond >> coming up, what can we expect from mark carney on the bank rate review. we'll bring the first press conference of the new year after this break

welcome back to "street signs. i'm willem marx. global stocks fall as the death toll from the coronavirus rises to 170 hundreds of expats evacuate and the ceo of roche is focused on getting testing gear to the areas. >> we are impacted like any other company in china our focus now is to bring the necessary diagnostic platform and tests we have developed now to the point of care declines of oil and gas hit

shell as net income drops the most in more than three years. the energy giant tells cnbc he's bracing for a tough 2020 >> if you look at the investment strategy, on average, we have a break even price of less than $30 a brand. deutsche bank reveals a less than expected 5.3 net million euro for the year. despite a come back in trading revenues >> it was a combination of things client engagement and outlook and some of the overhang of brexit and trade war dissipating. so that confidence coming back into the market. unilever's fourth quarter sales growth fell and managed to

beat expectations. telling condition the consumer goods has seen no impact >> i think we'll have to wait for february when people come back from the new year holiday to see what trajectory the disease takes. >> to bring you some developments from the u.s. state department, the government department saying it will stage additional evacuation flights for u.s. private citizens. there will be capacity from those from wuhan particularly that will happen on february 3 those individuals in evacuation flights from wuhan will be subject to screening from the cdc, there will be health processes and monitoring

required for those returning to the main land united states. let's check on negative markets in asia. the ftse 100 trading around .57% lower. the cac is down around 1%. not enough seemingly to drive the market above the flat line with we look at the currency market right now, can you see the euro is trading stronger against the u.s. dollar ahead of the bank decision that brings the pound weaker indicating a bit of a flight of safety there similar scenario from the looks of things at the japanese yen. we look at the u.s. futures. we can see all three major

indices there we see all being called lower at this point will the bank of england can cut interest rates the boe will release its decision midday london time. they are putting pressure to lower rates from back in 2016. the first press conference of 2020 will be mark carney's last press conference as governor my colleague joumanna there now live outside of the bank of england. how divided is the market and how much has that changed in the last you few weeks is. >> great question. the market is pretty much 50/50 about the rate cuts happening

today. some of those expectations have been dialled back. but the market really doesn't have a solid idea of what they will do today. let me take you back to november we had two members of the committee vote for a rate cut since then, other members have sounded dovish and thrown their hat into the ring and said if the situation doesn't improve, they could warrant an interest rate cut and even the governor has sounded more dovish as of late adding up to four or five members voting for a cut, then we will get a cut today. you can see since the general election, we have seen an up tick consumer businesses has seen the biggest improvement since 1958

there is momentum building you can expect members to watch that and say, it are may be a bit premature to consider the cuts cpi numbers have been drifting lower. back in november, the bank of england pointed to some facts. they may get to as low as 1.2%, 1.3% retail sales numbers have been slightly weaker as well. there are a couple of elements pointing to the cut today. one other thing is the fiscal spending they included a boost of 0.04% as you know, we had the general election we've heard from the chancellor

who seems intent bringing the point up to 3% gdp many think the fiscal tail wind could add another point to the economy this year. that could be another positive add to that the fact that we may get investment come back and a sentiment boost. now that some of the brexit uncertainty is under way most economists out there think they shouldn't opt for a cut it is governor carney's last press conference we'll see what he has to say i'll be there. >> thank you for that. we are joined now from a senior economist. thank you for being with us. >> has there been enough positive sentiment you've seen since mid-december election to warrant a hold >> i believe so. i think from the beginning of

december and january, covering things that were weak in inflation data weak since the last two or three weeks or so. the data has been more or less positive >> if we were to see a hold going forward, what would that mean for the pound in the short term and the medium term for the back of the year >> i think we feel the economic bounce will continue as your reporter mentioned, those expectations of a fiscal boost for the uk i think we'll see positive sentiments people might look to get in and buy something undervalued. especially in the current environment where things are likely to come down. it may act as a safe haven in the short run. towards the back end, the brexit

debate will come back into play. those negotiations will prove more difficult than the government expects we'll be back to the q 4 with nothing signed on the table and it will be a will they, won't they situation >> let's break that down for some of our viewers. so late june, you have a decision that has to be made all rules stay the same. no impact in theory on the trade. at the end of the year, in theory. >> that june opportunity, i think will be passed the end of the year is the date. i would be surprised by the time june comes around, they are will already willing to roll over that statement >> they already said by the end

of the year, they will try to extend on that point >> in theory if that was to happen, up against the cliff edge, there would be no trade agreement in place. it would look like a hard brexit in place what would that do businesses that have had two or three years of uncertainty, do you think they'll see the same levels return? >> my sense is with regard to the current bounce of activity with respect to the service, the election is important to you that domestic policy is set. if you are a large multinational, that is more of a driver for you if you do a lot of fdi into the uk, use that manufacturing base

in europe, the base is the main driver for future investment decisions. the short-term bounce will be there. for some multinational producers in the uk, the back end is more important time frame >> i'll come back to you in a few minutes. don't forget to join us later for a special show decision time. my colleague, joumanna will be inside the bank of england and i'll be here in studio coming up, no surprises as the fed holds its benchmark interest rate steady. how does fed chair jerome powell view the coronavirus more after the break robinhood believes now is the time to do money.

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welcome back to "street signs. the fed has kept rates unchanged for a second meeting in a row after three consecutive reductions in 2019 but they did appear more committed to achieving the 2% inflation targets. looking at u.s. treasuries,

there has been an impact on those. we have more details on the fed's decision and chairman powell's comments yesterday. >> the fed kept the interest rate unchanged but fed chairman jay powell said he saw continued global uncertainties. trade tensions have eased but won't disappear immediately. he mentioned a new possible risk, the coronavirus. >> some of these uncertainties have diminished and there are signs global growth will be stabilizing. nevertheless, uncertainties remain, including those imposed by the new coronavirus overall, we expect moderate economic growth to continue. >> the fed expected to see moderate growth in the economy and low inflation. it did down grade household

spending from moderate to strong and continues to see weak investment being looing to reverse a reduction that caused overnight spending rates to spike. >> i think many things affect markets. it is hard to say at any time what is affecting markets. what i can tell you, you know what our intention is, to return reserves to an ample level our plan as we do that is as those purchases get to that level, we believe we can reduce them and gradually produce repo as we reach the level. >> the risks start at the down side and would appear leaning to that side as a cut and not a hike any move is still several months away reporting for cnbc business

news, washington >> our guest is still here in london we talked about the quality here in the uk, what about the other side of the atlantic >> i think in terms of last night, it is just tinkering with the plumbing of the financial markets. call it qe or don't. but it is expanding. you compare that with japan where they are shrinking the rate with the balanced sheet the longer term rates will be down the boj expansion this year. now back when qe was first tried. relative expansion was a strong indicator and had quite a big move on currency markets the dollar is riding high as a safe haven as a result of the

virus through china and broader asia there has been a lot of debate with the public and inflation targets. do you have a view on that >> i think generally speaking, they are struggling with inflation. the curve, does it exist, how flat is it generally central banks have been missing the inflation i think for people like the ecb in japan where rates are already very low you are pretty close to the reversal rates really can go lower. that's one of the reasons they generally have been so low the u.s. is in a different position they are still struggling with that linkage between unemployment and inflation one of the strange things about

the u.s. compared to the uk where most are set for the labor market showing record employment remains low. unemployment rate is low but you can draw people back into the labor market >> you touched on currency volatility there we talked about the pound earlier. we have seen the dollar as a relatively strong currency a lot of analysts have been noting this year maybe they will change i'm wondering do you think those kinds of changes will bring increases volatility in the markets? >> i think even if the central bank is moving around with its target, as long as it is not having much impact, certainly, if you had to cut rates down marginally, it will not have a big impact

i think you need big moves in inflation and growth to set the currency market back up to the levels we've seen previously i don't see any of those big moves in the coming year or so in the coming environment, everything has been fairly volatile in the last couple of years a that hasn't really translated in the currency markets. >> in the uk and the u.s., we've got the democratic primary and the impeachment trial and then the election in november looking at u.s. growth, how does that election operate as an inflection point >> i think most people that model the political process, they still in the level of the equity market and unemployment

rate which is low. both of those point to the reelection of the incumbent. my sense of the election, it is hard to say anything until you see who is paired up against who. until we have a clear and obvious democratic challenger, my baseline is that donald trump will be reelected. >> thank you for that. senior economist joining us here at our london studio shares in volvo are trading sharply higher after a smaller than expected lower q4 earnings. seeing 6.5% up this morning. tesla shares spiked in after-hours trading to top $600. recording the first ever annual profit and promised to boost production this year by more than half a million unities.

the company announced the coronavirus has forced the company to close in china. a slight delay to model 3 production may reduce profits in the fourth quarter samsung reported a drop in operating costs. the south korean tech giant cited caution thanks to the new threat from the coronavirus and continuation of global trade tensions mo microsoft shares with better than expected results thanks to computer business and cloud services the winner of that controversial u.s. defense contract provided a major boost. facebook plunged in after hours trading despite reporting a beat on top and bottom lines.

posting rising costs and expenses as well as narrowing margins. we'll talk about this in more detail was this about spending a lot of money to a lay concerns about privacy? >> first of all, let's look at that price down overnight. going into this q4 report, there was little room for error. there was the revenue and eps beat that was fine if you dig deeper, there were concerns the costs ballooned in 2019. a lot of that was because of increasing number of head count around having to monitor privacy. all of those regulations are having an impact you saw the operating margin fall substantially to 34% in 2019 that stood at 25% the year

before on top of that, you had net income growth slowing down and revenue was 25% growth that is four straight quarter of sub 30% growth in 2018, this company was growing revenues there is a concern about an overall slow down. all of those together had the negative impact on the company historically have we always seen this sharp selloff do investors tend to react quickly to facebook numbers? >> you tend to see moves quickly. this year, as you mentioned, there has been a runnup, this is a an excuse for a bit of a pull back we look at the 2020 elections,

we don't know what kind of scrutiny they'll come under. it has been hit with the number of antitrust probes. there is talk about privacy regulations in the u.s facebook has said it will continue to allow political ads but won't vet them for information whether that is true or false you've got twit shall saying we are going to ban political ads their regulators could be hit. that head wind is on the mind of investors. i want to look at some positives. if you look at the core facebook platform, they release these numbers. those continue to grow they are growing $8.52 per user. the family that includes

instagram, whatsapp showing that they are reliant on that things to watch there, the core facebook platform remaining relatively strong. thank you for that >> our tech reported here in london we check in on our u.s. futures. all three major american indices being called lower the dow jones looking to open around 120 points down that is it for us on "street signs. "worldwide exchange" is coming up hi i'm joan lunden.

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it is time for ire "five@5" virus fears taking center stage as the death toll numbers rise wall street on earnings alert as it prepares for the busiest day of the season. nearly 50 s&p 500 companies set to report today. tesla surging past estimates pushing further as a result. on the flip side, investor