and what c.e.o.'s oh. their shareholders well there you have it those are some of the headlines we're tracking for you today well as always we'll be keeping you posted on all the latest of them. say good bye to the c.e.o. of blackberry monday morning the company announced thorstein heinz departure now this comes as takeover talks from blackberry largest shareholder fairfax financial holdings fell through and instead of fairfax buying and taking it private the mobile communications company announced it would receive one billion dollars from fairfax and other institutional investors wall street isn't having any of it black berry shares they plunged sixteen percent on the news that the buyout crumbles and the smartphone maker used to be the top dog but he fell in popularity to competitors like apple and samsung sales of the latest black berry phone in the keyboard free z ten were dismal at best and the company had to write down nearly one billion dollars in inventory so what happened a blackberry and what's n

in the united states c.e.o. pay average worker pay roughly was thirty to one and it was fairly consistent during that period of time we had a top income tax rate between seventy four and i. the one percent during that period of time and until the middle of the reagan years who was also against the law to compensate c.e.o.'s with stock which they could then roll over and only pay capital gains rate of twenty percent on. if we were simply to roll back the that part of the reagan revolution roll back the top tax rate and change the stock compensation rule would we accomplish what switzerland is trying to do by you know with an absolute cap. well we would take an enormous step in that direction you know you have to sit down and make some assumptions about whether it would be all that would be necessary but let me add to a point you made the use of the nineteen late forty's fifty's sixty's seventy's when we had high tax rates on the rich and when we didn't have these outrageous salaries for top executives these were

sure, it's a luxury but virgin galactic c.e.o. george whiteside thinks that price will fall eventually. >> long term, you know, i think the price can come down. zurnd an suv price point, you know, where you get down to that level. it's still expensive but i think a lot of people would be willing to do this, sort of once in their lives. >> since billionaire tycoon richard branson founded virgin galactic in 2005 more than 600 people have placed deposits for the first commercial supersonic flights. they're scheduled to lift off in 2014. today dozens of companies are launching new commercial space ventures ranging from space tourism to mining the moon, fueled by the risk-taking start-up culture of silicon valley. bob richards is the c.e.o. of moon express, a start-up in mountain view. he and his team of young engineers are planning an unmanned mission to the moon at a cost of 50 to $100 million. >> so in getting to the moon like any business, it's really about balancing risk

the tesla c.e.o. visited the remain lowees. >> it is hot metal that splashed on them. in the case of kevin, it looks like we i am guessing he will make a full recovery. in the case of jesus, his hands was burned and the recovery is not clear for jesus. >> the c.e.o. says the fremont plant is still operating. tesla was issued with several violations one including not having protective equipment in place. osha will talk to witnesses and go over training documents and manuals. there are six months to finish the investigation. >> now the latest on the typhoon haiyan the embassy in manila tweeted this photo showing a neighborhood in the philippines destroyed by the storm reading "wrecked homes, a cry for help." much needed relief is arriving to help hundreds of thousands of victim whose have gone without food and clone water for a week. the uss george washington started relief operation with 80 aircraft and 5,000 sailors to distribute food, water and medicine. helicopters are ferrying relief supplies to ta

mcdonald's c.e.o. received a compensation package of $13.8 million, the average employee, 22,000 a career, a ratio of 677-1. at general electric, the c.e.o. made 491 times more than his average worker. at xerox, a lower ratio, 255-1. >> some corporations justify c.e.o. compensation as a reward for boosting the value of stock. >> they began an effort to tie their compensation through stock options and other means to the corporation's financial performance, but this also unfortunately has created a real short term mindset where american managers have come to manage four of the short term as oh posed to the long term help. >> the gap wasn't always so vast. for much of the last century, the ratio was fairly consistent. in the early 1980's, workers began falling farther and farther behind. >> in 1950 on average, corporate c.e.o.'s earned 20 times more than workers. in 1980, the ratio was 42-1. twenty years later, corporate leaders were taking home 20 times more and today c.e.o.'s earn on average 204 times m

up kroger the country's largest grocery store chain employs three hundred forty thousand people and c.e.o. picks up eleven million dollars paycheck every year and of course we all know target the average salary for a target worker behind the counter is under nine dollars an hour contrast this with the company's three billion dollar income stream and the c.e.o. is twenty one million dollar take home pay on top of all that the company is forcing its employees to work on thanksgiving because black friday just ain't enough at number two good old mickey deans over fourteen thousand restaurants just in the u.s. mcdonald's has injected its golden arches into every cornerstone of american life but for a company that rakes in five and a half billion dollars every year new c.e.o. pockets fourteen million dollars in salary alone making these an investment america is not exactly where you flecked in their museum for you pay which is why over the past two years mcdonald's employees have also organize strikes against the fast food giant. and of course this list just wouldn't be complete without the mon

lululemon c.e.o.thinks his product is defective and it's your fault because as patanjali says in the yoga sutra "cultivate friendliness to the happy, compassion for the unhappy, delight in the virtuous and indifference toward the wicked. also, no fatties." (laughter) now, not every c.e.o. has the marketing savvy to live by the mantra "the customer is always fat." (laughter) but chip here knows that calling out your clientele's chub-rub is just good marketing. it makes them feel insecure about their bodies, that's causing them to work out more which means they need more athletic clothes-- cha-ching. (laughter) by the way, cha-ching is also chip wilson's nickname for chinese people. (laughter) hi-rarious! and after his critics barked that it was time for him to roll over and apologize he released this heart felt statement. >> i'm sad. i'm really sad. i'm sad for the people at lululemon who i care so much about. i take responsibility for all that has occurred and the impact it has had on you. i'm sorry t

the c.e.o. visited the injured workers. >> tesla c.e.o. came to visit three employees injured in an industrial accident in fremont at the plant. >> they are all conscious and are in good spirit. >> you can see the scene after the accident happened at noon. first responders thought there was a fire. >> after the first unit arrived it was reduced to two units. >> the c.e.o. said equipment malfunctioned in the dye casting operation. >> hot metal splashed on them and it looks like they will make a full recovery i am guessing. in the one kay, the gentleman's hands were burned badly. >> spokesman confirmed one employee has been dischargeed. the hospital is nationally recognized for their burn center. osha is investigating. in 2012 they said a citation was issued to tesla for several violations including one serious because they did not have protective quipment in place. >> navy ships have arrived in the philippines bringing relief to hundreds of thousands of victims who is gone without food or clean water for a week. the aircraft carrier uss geo

point four million people in an income of an insane seventeen billion dollars a discrepancy between c.e.o. mike dukes twenty point seven million dollars salary and the average wal-mart employee is a disgrace so that new model that wal-mart rolled out a few years ago save money live better i think it's time for a change payless lives worse that's the wal-mart promise. well we'll talk more about wal-mart shady business practices and today's decision by the national labor relations board to go after the company for firing protesting employees on your i may argue political commentator sans sax what's going on it sounds so sam how do you see this lawsuit faring out because it's really awful wal-mart you know they hired protesters who were there employees that are the stems of the stems from last year's actions on black friday that's a huge walkouts across the country and wal-mart charged with intimidating threatening and even firing a lot of these workers which of course goes against their right to protest national labor relations board expected to file these charges wal-mart will challenge th

of american life but for a company that rakes in a five and a half billion dollars every year new c.e.o. pockets four to. million dollars in salary alone making these an investment america is not exactly how you flecked it in their museum ploy pay which is why over the past two years mcdonald's employees have also organize strikes against the fast food giant. and of course this list just wouldn't be complete without the monolith wal-mart common in at number one with a workforce that employs one point four million people in an income of an insane seventeen billion dollars the discrepancy between c.e.o. mike duke's twenty point seven million dollars salary and the average wal-mart employee is a disgrace so that new model that wal-mart rolled out a few years ago save money live better i think it's time for a change payless lives worse that the wal-mart promise. we'll talk more about wal-mart shady business practices and today's decision by the national labor relations board to go after the company for firing protesting employees on your i may argue political commentator sans sax what's goi

well as the sierra club are the first person that spoke was carter roberts used the president and the c.e.o. of the world wildlife fund he said right now is an incredibly important time for conservation and it's time to get a hand on the biggest challenges of environmental destruction these include illegal trade and subsidies as well overfishing he also said that. is quote committed to making sure the right environmental provisions are in place in the heat after mr

to work marvelously wages of workers increased a middle class emerged c.e.o.'s had wealth and power but it was not unlimited i mean they lived well but not like kings the average c.e.o. only made thirty times as much as the average worker but then came the reagan revolution against democracy in the workplace in the feudal lords rose up again anti-democratic and pro feudalism forces have been pushing back against democracy in the workplace since reagan declared war against organized labor in one thousand nine hundred one and it has not only hurt our workplace it's also hurt democracy in our nation a democracy that once existed both in government and in the workplace the reagan revolution pitted worker against worker tore communities apart and rich the kings and lord at the top of these corporate feudal dynasties workers meanwhile have been reduced to serfdom and now confront a new form of wage slavery if we care about strengthening and restoring democracy in the united states of america we must begin with our work places work or involvement the workplace is the

the c.e.o.of the company is glad the fine out who elon musk is blaming for negative press. >> we do have wet roads in the north bay and it sounds like it could be creeping over to american canyon. we have a sig-alert in milpitas >>> live from the kgo-tv broadcast center this is abc7 news. we will look at live doppler 7 hd showing the rain hitting the bay area. it is the first storm to arrive in northern california in nearly two months! thanks for joining us. >> we will start with the precipitation. the rain started falling overnight in the north bay and meteorologist mike nicco says it will pick up as the day goes on. we have coverage to check with mike on the radio of the broadcast center. he is tracking the storm with live doppler 7 hd. but, first, amy hollyfield is in petaluma. >> well, no, we will go over to mike and a look at live doppler 7 hd. >> thank you. if we can go to listening to this you can hear the wind. this is a chill in the wind the latest radar returns came by and we had orang

>> tesla c.e.o.s cornered the electric car market for luxury cars with a new announcement. >> and a crash knocked out power to thousands of customs in the north bay including the largest casino. gamblers tell us what happened weapon the >>> covering novato, oakland, sunnyvale and all bay area, this is abc7 news. >> a look at the eastern span of the bay bridge where roll is picking up. it is slow westbound but we will check with leyla gulen and find out why. >> developing news with power restored to 3,600 pg&e customers including the biggest user, the newly opened graton resort and casino. the power went out before 11:00 last night after a vehicle hit a utility pole near highway 101 and caught on fire. the power was restored to the area 90 minutes later but the casino and the customers were left in the dark and told to evacuate. >> it was pretty crazy at a brand new casino, something you do not expect. >> we heard a big roar. a big roar. that was it. i can imagine the high rollers...we are just playin

luxury electric sedans that's more than the five thousand that c.e.o. iran must have previously forecasted would be delivered but still fewer than some wall streeters had expected this quarter tesla intends to increase production of its popular model s. in order to meet rising demand for the car both here in the u.s. and overseas now tesla opened trading on the nasdaq today at one hundred fifty five dollars a share and the price fell to one hundred sixty four rebounding but the sell off of tesla triggered the exchange short sale circuit breaker which does not happen very often now check this out this is a video of a tesla model s. exploding there it is and this will give you an idea of what kind of looks like when the circuit breaker you know. went down earlier today i'm totally joking that's nothing what it looks like. you don't hear that here finally regulators are dropping like flies over the commodities futures and commodities futures trading commission bart chilton is the latest watchdog to announce his departure from the c.f. to see now the outspo

c.e.o. don carty dot com. there i am marinate and this is boom bust here are some of the stories we're tracking for you today. first up the federal reserve is considering changing the goal posts heard short term interest rates will get beyond the jargon that's coming up right ahead and jacket able to grease the wheels of power on capitol hill as one of the most infamous lobbyists in d.c. ever and iran sat down with us earlier today to talk about dodd frank and the politics of money you won't want to miss that one and ever wonder what goes on behind the doors of the gilded doors that is a goldman sachs we've got the guy who can tell you all for stephen man does it work to goldman for more than a decade and joins me in studio today to discuss his new book but for now let's get to the. i was a look at last year the federal reserve said it wouldn't raise short term interest rates until after the jobless rate dropped below six point five percent but according to new research the fed suggested it could keep short te

at the bottom of the totem pole that make your life possible we tried condit well david novak the c.e.o. of young brands the parent company of pizza hut made twelve million dollars last year a million dollars a month and one hundred fifty million and one hundred fifty million dollars in stock options don't you think he can afford to give his employees a day off neal oh for sure and hey i will tell it it's a perk of my swag very goes off tomorrow on hidden ignored ok. ok neil no that's a personal decision i mean maybe this is not the right company for him. you know it's a free economy out there if he doesn't get along with management he has the perfect right to go find somewhere else to work in the company has the right so you know you support it so you support yum brands for firing him david deal they weren't if it for the record my company is closed on thursday and friday and saturday you support the right of the company to fire him i'm wondering if david does. i support the right of the company to fire then i think it's immoral but i don't think it ought to be illegal and i'm with nea

as minimum wages go up it's not the prices go up what happens is the corporate profits go down for c.e.o.'s instead of making five hundred times what their workers make it four hundred eighty seven times and their workers make so historically the the purpose simply not there it sounds logical and the cons have been trying to sell it to you for a long long time but it simply is not true as minimum wages go up it actually stimulates the economy because minimum wage workers spend all their money and demand is what drives the come. yes that's it for your take my take alive thanks for all your calls if we didn't get your calls and i try to give a try to give us a call back next week and keep the video questions coming it's easy just grab your phone or computer point a camera at yourself and record your question or comment and then e-mail it to us at your take my take at g.-mail dot com. and that's the way it is today tonight wednesday november twenty seventh two thousand and thirteen and don't forget my new book the crash of twenty sixteen is now available at all online retailers at your loca

something that c.e.o.'s have really missed and that's that the wellbeing of their workforce is really critical to the success of their business yeah it's a funny idea that without the people doing the work the fact that i took a job or didn't have any money grab you know business good and they're not only the people doing the work but they're the people coming back spending their paychecks in the store every additional dollar that you give to a low wage worker gets fed right back into the economy that leads to higher growth more jobs better sales and more goods going to go around you know. we have just a minute counter there's a series of strikes labor actions pseudo labor actions i guess they were unionized what's what's the status of those who go to walmart or the grocery. well there have been nine strikes so far across the country in the city is as wide as l.a. and miami in addition to the midwest and you know these are some really brave workers to stand up to the most powerful company in the world one o

something that c.e.o.'s have really missed and that's that the well being of their workforce is really critical to the success of their business yeah it's a funny idea that without the people doing the work the fact cassava job or didn't have any money they grab you know business good and they're not only the people doing the work but they're the people coming back spending their paychecks in the store every additional dollar that you give to a low wage worker gets fed right back into the economy that leads to higher growth more jobs better sales and more goods going to go around you know. we have just a minute counter there's a series of strikes labor actions pseudo labor actions i guess they are unionized what's what's the status of those with the go to walmart around the country. well there have been nine strikes so far across the country in cities as wide as l.a. and miami in addition to the midwest and you know these are some really brave workers to stand up to the most powerful company in the world on

point four million people in an income of an insane seventeen billion dollars a discrepancy between c.e.o. mike dukes twenty point seven million dollars salary and the average wal-mart employee is a disgrace so that new model that wal-mart rolled out a few years ago save money live better i think it's time for a change payless lives worse that's the wal-mart promise. we'll talk more about wal-mart shady business practices and today's decision by the national labor relations board to go after the company for firing protesting employees and there are two political commentator sans sax what's going on sounds up so sam how do you see this lawsuit faring out because it's really awful wal-mart you know. iron protestors who were their employees and are the stems of the stems from last year's actions on black friday that's a huge walkouts across the country and wal-mart charged with intimidating threatening and even firing a lot of these workers which of course goes against their right to protest national labor relations board expected to file these charges wal-mart will challenge them but assumi

is the acronym which they're not speak its name and he came to close this c.e.o. of cisco chambers he said that close. they came to us when you mentioned china time is a little bit unique to cisco because some of the issues going on which you are all aware of. he said during the earnings call in august fourteenth once again refusing to utter and i say well and this is become the new n word you know on global markets around the world if you mention the n word and say it's like a turd in the punchbowl you know you've really killed the blows of that conversation. you know like wow n.s.a. gives me and i'm comfortable feeling like news yeah that's the new n word buddy so this whole mentality of spying it's not it's also corporate espionage but also to control those few peasants with any single pennies left and our own economies so let's look at what's happening in france french auto maker read no can cut off your car battery if you don't make payments on time french auto maker read i was using his battery leasing scheme to prevent nonpaying customers from charging thei

is the acronym which they're not speak its name and he came the close this c.e.o. of cisco chambers he said the closest they came to was when he mentioned china china is a little bit unique to cisco because some of the issues going on which you are all aware of. he said during the earnings call in august fourteenth once again refusing to utter and i say well n.s.a. has become the new n word you know on global markets around the world if you mention the n word n.s.a. it's like a turd in the punchbowl you know you've really killed the blows of that conversation . you know like wow n.s.a. gives me a comfortable feeling like news yeah that's the new n word but it so this whole mentality of spying it's not it's also corporate espionage but also to control those few peasants with any single pennies left and our own economies so let's look at what's happening in france french auto maker read no can't cut off your car battery if you don't make payments on time french auto maker read i was using his battery leasing scheme to prevent nonpaying cost. from charging their elect

>> tesla c.e.o. elon musk asked for a federal investigation interest his own cars at the same time he is standing by them, saying it is the media coverage of the fires that is misleading the public. >> it is dramatic video of a tesla model s going up in flames, this morning, the company c.e.o. is trying to extinguish the hype and a watch dog is trying to figure if there is a problem. there have been three fires, one after a high speed crash and two after they hit debris on the road. the national highway administration wants to know if the design makes it vulnerable to fire and they will look at 13,000 cars from the 2013 model year. in a blog post elon musk says hundreds of thousands of gasoline powered cars have caught fire since it went into production but tesla fires received disproportionate play in the media saying, it is easy to assume that the tesla model and perhaps the electric cars in general have a greater propensity to catch fire when nothing could be further from the truth. he goes on to

s making thirty to one for forty years reagan tax cuts come in c.e.o. start making five hundred to one because hey now at the top it used to be if you made over three million dollars a year you got taxes of our percent i know where romney does not contain trillion dollar deficit that we have that we've been spending every spot that deficit that came about because george bush put two wars on the credit card we got a lot of carefully done my not paid for tax cuts for billionaires not for crash to the banking system and i arranged part of this all all right there at all and he never said strike down president obama has cut the budget deficit in half since bush no tax receipts remotest chance to release him so it's a first that's the reason maybe that's crazy because to be responsible for liberal he's pretty fiscally responsible because he was forced to liberals force it was because our moderate republican servant a democrat and daughter about what isin our. money when you don't want to attack the interrogatory i could add why don't you answer that space is

the c.e.o. will be replaced by a former cheer executive john chen. >> twitter is looking to become a $13 billion company when it goes public with the shares trading on thursday. this morning, twitter raised the price range to between $23 and $25 up from $17 and $20 before. the san francisco-based social media company will sell $70 million shares and raise $1.6 billion but a new poll dampens the help tuesday average showing 36 percent of americans believe twitter shares would be a good investment but 47 percent say bad investment. >> coming up next, a pop "katie" mothers of invention, to those who've encountered welcome to covered california. new, affordable health plans so you can be ready for whatever comes your way. enroll today at coveredca.com. >>> coming up, a vacaville baby will get the surgery she needs after a long battle with the insurance company. >> preparations are underway to welcome a big guest on "dancing with the stars" tonight. it is cher who will sing "believe." the remaining s

>> bill: giving me equal custody of will for the rest of my life and reinstating me as c.e.o. of spencer. >> brooke: so, you lied? you lied to katie. you lied to me. >> bill: i knew she would question you about the breakup.

from the conversations that i've had with c.e.o.'s, i think it's substantial. >> i want to come to a couple of questions from the audience in a minute. but first financial reform. we've had dodd-frank. we've got this issue a numb of issues still related to that and other issues too. one particular thing i want to ask you about, the volcker rule this issue of financial institutions using their own money, proprietary trading. i think you've said you want outlines from the regulate yorns this by the end of the year. >> i don't want outlines, i want the rule. >> what's your expectation now by the end of the year? is there clarity? >> i'm optimist exwe'll see a rule by the end of the year. i've met on a regular basis with regulators. five different agencies have to come to the same place. it's a complicated process. but it has to come to closure. it was an important part of dodd-frank. i think it's important in terms of financial regulatory policy. i think it's important in terms of confidence and government. these processes can't go on f

the c.e.o. of st. jude, st. jude, that company did the same thing. carlson companies, raddison hotels, they did the same thing. you could go through a number of large businesses in our state that said "no" to discrimination and "yes" to equality. now, why did they do that? well, i think many of them felt it was the morally right thing to do, but the other reason they did it? it was good for business. one poll found that 63% of small businesses support greater legal protections for lgbt workers, and workplace discrimination, as we know, diminishes work force morale, lowers productivity, and increases costs due to employee turnover. in our state, we want to attract the best workers, and if you cut off a whole bunch of workers and tell them, you know, this isn't really a good place to be because we won't let you get married or we're going to discriminate against you, it ends up hurting that state. and the same, as we look at the global economy, is true of the world. we want to be a country that welcomes people of all races to our country. we want to be

we tesla c.e.o.usk who visited the medical center wanted to mechanic sure they were okay the he said part of the equipment malfunctioned at the dye casting operation yesterday. three workers were taken to the center with burns, one serious injury. one was released from the hospital after receiving treatment. matt keller will have a report at top of the hour. typhoon haiyan victims have gone without food and clean war for a week, and the uss george washington has started reliefations with 5,000 sailors on board to distribute food, water and medicine but aid is only trickling in with only 20 trucks operating with half delivering food and the other half clearing roads and removing bodies with the death toll at 2,357. 30 were buried in a mass grave today. >> community groups supporting grass roots organization in the philippines are hoping donor consider contributions to people who know the area best. her to offering donors a different approach to helping out. so far, organizations from national alliance

i blame both sides but the president's the c.e.o. of the country and he should find a way to make this work and this is bob woodward one of the truly great journalists of our time we'll be right back. wealthy british style. that's not on the president's prime time. markets why not scandal. find out what's really happening to the global economy kinds of reports on our t.v. . it was a. very hard to take. care of. that . that are right here. liz lemon . we see that there are hardliners in the west including the us who seek to destroy up to this new environment and undermine our relationship on iran in five months iran is always willing to pursue positive dialogue with the united states and the west in general. we're ready to move at whatever prospective arrangements they would like to put on the table. as long as they are based on equality the process and respect for the inherent tries so iran and its people to fix i believe there is a window of opportunity at the moment but we have yet to see how serious the americans are about using i

of american life but for a company that rakes in a five and a half billion dollars every year new c.e.o. pockets fourteen million dollars in salary alone making these an investment america is not exactly sure if liked it in their museum ploy pay which is why over the past two years mcdonald's employees have also organize strikes against the fast food giant and of course this list just wouldn't be complete without the monolith wal-mart common in at number one with a workforce that employs one point four million people in an income of an insane seventeen billion dollars the discrepancy between c.e.o. mike duke's twenty point seven million dollars salary and the average wal-mart employee is a disgrace so that new model that wal-mart rolled out a few years ago save money live better i think it's time for a change payless lives worse that's the wal-mart promise. we'll talk more about wal-mart shady business practices and today's decision by the national labor relations board to go after the company for firing protesting employees on your i may argue political commentator sans sax what's goin

the c.e.o.t. "wall street journal" has this report this morning about blackberry's problems. the company agreed back in september it would be bought out by fairfax financial. however, blackberry agreed to that for $9 a share and it would have been $4.78 billion deal but this morning we have word the sale is abandoned. the c.e.o. of company is out and the company is out and will try to right itself. >> twitter is looking to wall street this week with the i.p.o. and on wednesday will price the i.p.o. and thursday the shares will trade. the social media company hopes to raise $1.6 billion. there is a lot buzz on twitter. including some investor skepticism. is it fever or flop? there is a new poll that says 36 percent of americans say they believe twitter shares would be a "good" investment. but 47 percent say it would be "bad" investment. now a check on the weather forecast from forecast. >> good investment. the sunshine. we have a last it in the forecast. from sutro tower we can see it at 5::54 wi

>> i want to ask you, the c.e.o. of silent circle said our vision is three or four years from now that this will become e-mail 3.07 the way users use e-mail. do you think that's a long shot? >> it might have been a long shot three or four months ago but now with the revelations how the n.s.a. isn't corporating just with companies by having a front door access. we heard of all the prism and upscreen a few months ago. what we saw is that they're actually illegally too realize g is security, then we might see that >> thanks for breaking that down. >> i tried. >> our "rt" web introducer andrew blake. >> and that does it for now. i'm ameera david. >>> hello and welcome to nhk. it's friday, november 1st. i'm catherine kobayashi in tokyo. >>> the united states faces growing criticism national security agency's targeted spying. however an alliance was formed after world war two that excluded five countries. it was called five ewh

there first this is been so much the grahams and they're gone what's it like jeff bezos the founder c.e.o. of amazon bought it with personal money so it's not an amazon enterprise. i've known him for years i think he's the real thing he believes in and the independent aggressive press he came to the post after by and told the story about watching the water. gade hearing aids on his elbow with his grandfather when he was about eight or nine and so he he he understands he gets the heritage he gets the sense of obligation isn't this an unusual time to go into a business that they say is going out here it is and it's high risk but he thinks he can do it and if given his tech savvy his sense of how to organize things i'm optimistic if anyone can do it he came in and let's let's be direct as we always have over the of we the news business is in trouble and there were we've gone through this convulsion in disruption and it would be great to have a news organization like the washington post so or and get better and better so it becomes something that kids look at regularly something that can happ