lot of money. some of the numbers and talk about, we have spent. >> what inning where we end. was late and diamond is paying, i will pay it. what inning are you in? >> if you asked me that question a couple years ago -- >> the want to just say -- >> you look at fundamental cases and what we settled and closed off, we have done a lot of work. but it cost a lot of money. we bill the best capital ratios in the u.s. industry. the changes over seven percent last quarter. more importantly during all that, and that is the thing that is sometimes hard to keep people focused on, is the underlying is this making progress. whether it is the market share of cards, we have been driving that. now, -- a couple years ago, we talked about a backpack and carry all the weight. later, weght gets should sprint ahead. >> before we talk about other businesses, people see numbers like $17 billion. brian will have to write a $17 billion check. >> that is a big checkbook. >> when you saw jamie dimon have to write it $13 bil

it's not vailed before because people change a lot. they change careers a lot. some careers people used to are go away. a sad story a guy came up for partner with a lucrative policy. a sad story. it's a met for for all kinds of things that can happen in all kind of jobs. then you there to less than things or skills or area of knowledge without having to commit themselves to the sort of four year traditional thing. another reason why it's not so bad the colleges isn't so great for everybody. we see it as an opportunity and way to address income inequal if i. turns out not to be the case. there's a good deal of research that shows who come in to college with identical predictor in term of test score come out on different track depending on the socioeconomic status. yeah. it's sad, really. it's true. and the big danger for the lower people getting on with the sociologist is party pathway otherwise known as college. but they often come out burdened with debt in jobs no better than if they skipped college and the liver damage as well. if you want to get a negative vi

there's a lot of interest, a lot of focus on how do we use and manage water better. this is an opportunity to implement the short-term, but more importantly, the long-term measures that are going to be saving us water five and ten and 15 years out. >> one thing you can do around the house, if you're -- if you do have a lawn is recognize this is the time of year, even when we're not having rain, that because of the cool temperatures, your plants are not actually using a lot of water. so saving water now means it's going to be there for the hotter, drier parts of the year as well. a lot of what we've gotten into is a habit of using water year round. and if we're going to have one year after another of dry weather, we're going to have to lose water when we really need it, not during the wintertime when it's not really needed by the plants at all. >> those are things that we all need to do. in the meantime, lauren, how is this affecting cattle and fish? >> we're starting to see the effects already. certainly ranchers are feeling the pain. they rely on a lot of green wint

obviously, lot of difference in the lot. it wasn't a lot of light under the table.assable to change my exposure and just wait for -- the gentleman who workerred for -- worked for her and asking about the questions. her bag was there and stuck out. >> how often have you had a picture like the one we looked at before that close up where you've got -- you taken it and you think you got a special picture and wake up it's somebody's newspaper and it's not taken by you? >> haven't happened too often lately. luckily, it does happen. washington for photographers, is a game of inches. i can be shooting next to a colleague on each side of me where you feel there are cameras, you can be that close together and all hitting the but at the same time and have three totally different pictures. it's the game of inches in washington. >> how did you do this photograph from way above? >> that was taken with a mono pod. i attached it to a camera and then raised it up about 15 feet pointed it over and i did a little test before she came in. i was able to fire it what's called a pocket wi

apple had a lot of company nipping at its heels. a lot of it is cheaper.i is another company that is offering smartphones at a much lower price. >> they are doing better than apple right now. coo of wah way with i is joining uswe today from san francisco. back on telecom, which is your core business in the u.s.. difficultyhave some with u.s. lawmakers concerned about your relationship with the chinese government. can you talk to us about your u.s. business right now and where to dance? --it stands? >> we are not leaving the u.s.. on the contrary, we are growing our business. there are a lot of views on the media and interviews. when you are a $40 billion company and you are involved in innovation and technology, and when you are caught in the crossfire between two large economic powers, it is hard not to get sentimental about it. the truth is that this is one of the greatest markets in the world. we like it here. >> does that mean you will continue to sell your telecom event to u.s. businesses in the united states? >> yes. i am responsible for the enterpri

a lot of good schools here. considered one of the best communities in the area to live in, actually. this is something that you would never expect to happen here. >> we understand those who were inside the malibu didn't see the shooter were evacuated. >> yes, i went to a movie theater, they basically said that they were told to stay there. there are people who work in the mall and they had keys to certain rooms, and they're waiting for her to open up doors. you know, a lot of people still waiting for loved ones to pick them up at the mall. >> garon hayes, it's been called an incredibly well run operation in terms of response. i'm morgan radford. we have more coverage coming up. children once sacrificed their childhoods, even their lives, working in american mills, mines and factories. the us rooted out child labor practices 75 years ago. but today, us agriculture remains a stronghold for child labor. >> i know most kids come out here to help their parents out, get the money to pay the bills. >> it's just another

but a lot of them really didn't. ask at the end of the day -- and at the end of the day, i had to ask myself, you know, did i go to harvard law school? was i paying back thousands of dollars in loans to put my people this prison? -- in prison? and answer for me was, no. >> host: what flipped switch? >> guest: well, there was a couple of, like, things, developments just in terms of wondering why all of the defendants were black. if you go to superior court this d.c., you would think that white people don't commit crimes. white people don't use drugs, they don't steal from their neighbors, they don't get into fights. they're just not present in criminal court in d.c. even though the city was 50 percent white. and that was a problem. do you notice that? of course. do african-american prosecutors talk about that among themselves? of course they do. but at the end of the day, you know, you take the defendants that you have, the ones who the police and the fbi bring to you, and that's who they were bringing to me. so i had

there's a there's a group of people who are standing up doing a lot of documentation a lot of that but i do think there are opportunities for the internet to continue to democratize access to everything and so we can we can create a world where we're democratizing access to all the good things where we can create a world where it's only fear being driven by fear and i choose the positive right now i know that you are and in favor of the i'm monitoring the internet for everyone but i wonder if you think that's really an achievable goal at this point of time because there is a lot of digital inequality in the world some countries that far had technologically than others and i wonder if you can really and sure that. when you put it where you make a list of all the countries with fast broadband the united states is not number one so i think that there is a lot of digital inequality in the world i think there's also a lot of general inequality in the world and i think i would like to increase you know i would i would hope that by giving. more access to more information more access more educ

the cities need a lot of help. the scientific research needs a lot of help.t is why both of us are drawn more and more of our philanthropy to help those needs. >> one of the places melinda is has 50,000 people per doctor. in america, we have 500 people per doctor. there are places where there are no roads so if you need an operation, you just die. we have been training people to do appendectomies and cesareans, which turn out to be relatively simple operations. without that, everybody who needs one of those is not going to survive. yet with a little help, working, you can't cure everything, but you can do a few things. that can make an enormous difference. >> what do you hope to do there? >> the organization i am focusing on is a group of cities that focus on climate change. they all have the same problems. they all have to educate and protect and improve the health of people. all through africa and latin america and asia and europe and america. we all have very similar problems. some of them are different magnitudes. some involve different diseases. you don'

there is a lot of talk about netflix. they got a lot of nominations but they only won one.good night? >> it only takes one to keep the conversation going. what is so amazing about the show is that when they started production on a, they didn't even know if they would be eligible for awards. then they ended up being a key part of the conversation around the emmys. david fincher ended up winning one. then the conversation tied to the golden globe. we have a golden globe he cuts of her win. the big benefit short-term will be that the second season of the show will be debuting at about a month time. maybe they will watch it and get interested in watching the second season. they are looking to top how each original is doing in each season of the programming plan. >> a lot of people do not realize that house of cards was not the netflix original series first. lola hammer is coming back for a third season. that show did not get rave reviews. a something it should not get a third season at all. >> we do not even know what any of the ratings are for any of the shows. netflix has the

not a lot of for -- not a lot of erratic moves or drama.ically stepping back after those down days. in terms of individual stocks that we are looking at today, the second-largest swiss bank fording off its efforts unwanted assets. it plans to complete 60% of the sales by 2015, facing pressure from regulators. we will be back onarke in 30 minutes. them a this is the early edition of bloomberg west. you can also catch us at our later time. for your top headlines am a president obama says extending emergency unemployment benefits will give them vital economic presidentpitted the made the remarks after the senate advanced a bill that would restore the emergency benefits for 90 days. needs finalll passage in both the house and senate. jetblue is adding 19 extra flights to get back on schedule after suspending operations in new york and boston yesterday. they are expected to be back on a full schedule in 90 minutes. frigid temperatures caused delays in the northeast and midwest. and american skier lindsey vaughn is officially out of the upcoming

if you can see behind me, the tarmac still has a lot of snow on it 30 a lot of work to be done this morning. the flights and delays and cancellations, among the three local airports, 54 flights that are trying to take off have been canceled this morning. 23 of them here at reagan national, 78 local arrival flights have also been grounded. again, the majority at reagan, 35 at last check, and dozens and dozens are -- of delayed flights around the country. the northeast is getting pummeled with heavy snow, ice and wind. nearly 10,000 flights have faced with a delays in the past 24 hours. the most cancellations that .hicago, o'hare boston's logan airport has stopped all flights until noon today. that could be extended. of course this is the holiday travel season which comes to defend this weekend -- which comes to an end this weekend. i have to tell you, driving into the airport, many roads around the airport are pretty icy. areramps and overpasses very icy. if you are coming out to the airport, make sure you give yourself enough time. when you get close to airport make sure you slow it down. r

there is still a lot of blowing snow across highways, creating a lot of slippery conditions. we've seen a lot more people heading back to work. there are more people out on the road and therefore a lot more accidents. the emergency rooms have seen yesterday and again today people being out having some sometimes minor accidents, some injuries, and going into emergency rooms. tomorrow schools will be in session in chicago and in places like minneapolis, so there will be a lot more people out and people need to be careful driving. >> we hoped that the death toll wouldn't climb, we feared that it would, and now it's gone from 11 to 15. have you heard that line of people many going out and trying to shovel, and you're warning people, don't do it because it's problematic, and so many people have died because they've been out shoveling snow. >> you see the job in front of you. >> meteorologist: yes, you don't realize the amount of energy expended by lifting such heavy snow. especially where it's very wet, heavy snow it's worse. we're talking about temperatures and wind chills. that'

more people on welfare under the obama administration and a lot more wealthy people out of the bubble as a result of quantitative easing whether or not that money is being redistributed from the poor pushing them on welfare or not is that i doubt that's really what's happening it's a lot more the fed's printing money we've got an asset bubble right now the stock market is going to blow up at some point probably not in the next couple months well the plans of how the tapering works but in terms of wealth for the upper class it's grown not necessarily distributed from the poor now what do you make of talks about raising the minimum wage i think it makes perfect sense in the united states we talk about. fairness in gala terry in terms of a lot and we in the if you look at the entire history of america it's all about having an equal chance and there's this sense in america that we should we should have more wealth and people don't have it so it makes perfect sense of people are fighting for minimum wage it also makes perfect sense of people fight against it because we also have this pull

melinda has a lot of good ideas. we have been doing a lot of things under her guidance trying to advance the causes of getting the kids so they can get going. there are lots of good ideas. you cannot do everything. you have to decide what your core competencies are, what do you want to do it internally. in a lot of cases their foundation administers funds and in other cases they give funds. in our case there will be more donating of funds. if we are working with them on a lot of public-health issues. >> when you were mayor, you had certain metrics by which you can measure the success of your own projects and initiatives. when you give money, how do you measure success? >> not everything is going to work quickly so you have to have some patience. number two, if you do something in the scientific world and it turns out to be a failure, that in some senses a success because you don't have to go down that path again. unfortunately in the world i came from you are labeled a failure. that is not the case in the way science

>> i think about 100,000 now. >> rose: yeah. >> including a lot of botts botts. and who do you look to in the morning? in the morning where do you gond and when do you get up. >> 5:00, 5:30. >> rose: where do you go, what is the first thing you do? >> i get my caffeine and go online and immediately load our site and see what a couple of our editors. >> rose: before anything, your site. >> joe rosenthal, a wonderful editor up at 4:00 and will have a lot of stuff up already so i see what is there and go right to twitter and see what people are saying in europe and go from there. >> rose: twitter is your second look? business insider first and then twitter. >> yes. i am on all twitter all day long, both sites. >> rose: what else? what else informs you? >> everything. the great thing about twitter is it is just a buff pay, of waiters and you feast all day long, and in real-time you see things pop up and e-mail links all the time and visit other web sites. >> rose: people saying take a look at this, take a look at this? >> absolutely. >> rose: what follows the interne

but a lot of them really didn't. at the end of the day, i had to ask myself coming in now, did i go to harvard law school? was i paying back thousands of dollars in loans to put my people and present? the answer for me was no. >> host: was switched your opinion? with the switch? >> guest: there is a couple of lake developments just in terms of wondering why all of the defendants were black. if you go to a supreme court in d.c., you think why people don't use rugs. they don't still turn their neighbors. they don't get into fights. they're just not present in criminal court in d.c., even though it is 50% way. so that was a problem. do you notice that? of course. african-american prosecutors talk about that? of course they do. at the end of the day, you know, you take the defendants and you have the ones that the police and fbi are into you and i said they were bringing to me. so i had concerns about that. when i became a prosecutor, i didn't start being paul butler. i didn't start being this kind of conscious brother w

she said she would have liked to hear a lot more about poverty, a lot more about restoring california'social safety net programs, and that's actually something a lot of republicans said as well. they also would have wanted to hear brown defend this high-speed rail project, which he's been a big advocate of before, but you're right, only gave a very glancing mention to in the speech this week. >> you know, i think in a lot of ways, this speech was as much a campaign rollout as anything else. he gave us his campaign message for 2014, even though he hasn't actually declared. experience counts. continuity matters. even handed out cards with his dog on them with that fiscal responsibility message, a huge hit. that was the first campaign literature -- >> yeah, well, the dog's always had a good job approval rating, so that's a surefire winner. i thought it was interesting in that it didn't get into details, things like the unfunded pension liabilities in terms of the fact that our state still has very high unemployment rate compared to other states, the highest poverty rate. these are talking

a lot of students have left. >> the vice president of college operations says lot 13 is a temporary lot the school has had for a number of years. >> it is a gravel parking lot that is used and a free parking lot we use for students as well. >> permanent lights are not allowed because it is in a marsh zone. these temporary lights have been put up and the school is getting gates so they can start closing the lot at 11:00 p.m. students can also ask for an escort from campus police. ama dates, abc7 news. >> they confirmed three more flu of h related deaths. it brings the total to 32 of the one confirmed in alameda county and the other in santa clara county. and health officials say the h1n1 virus claimed the life of a woman and man, both with underling health conditions. >>> new at 11:00, federal officials approved safety changes at san francisco general hospital after a patient was found dead in the stairwell. in september she disappeared from her room, but her body wasn't found until two and a half weeks later in a locked stairwell. now the doors have alarms and security must search the s

i got a lot of people into trouble. a lot of things are in the fine print better not to be different one year or two years later. consumers should have known better. consumers should always know better. it causes them to make some pretty bad decisions. >> you now have to underwrite the loan of the actual costs of the life of the loan. he can no longer pretend that what happens for the first six months is the life of the loan. it is misleading and is now banned. >> i want to talk about auto lending. your agency has been concerned about allegations of discrimination against minorities. last month you reached a net worth of nearly $100 million with allied financial. how widespread is this problem? what will it take to resolve it? >> there is a problem. it is fairly widespread. i am a consumer. i walk in to try to get a loan to buy a car. with car prices as they are, many people have to borrow now to buy cars and trucks. i walk in and i am offered a rate and i assume that is the off the shelf rate. there is a certain patter

a lot of students have left. >> the vice president of college operations says lot 13 is a temporary lot the school has had for a number of years. >> it is a gravel parking lot that is used and a free parking lot we use for students as well. >> permanent lights are not allowed because it is in a marsh zone. these temporary lights have been put up and the school is getting gates so they can start closing the lot at 11:00 p.m. students can also ask for an escort from campus police. ama dates, abc7 news. >> they confirmed three more flu of h related deaths. it brings the total to 32 of the one confirmed in alameda county and the other in santa clara county. and health officials say the h1n1 virus claimed the life of a woman and man, both with underling health conditions. >>> new at 11:00, federal officials approved safety changes at san francisco general hospital after a patient was found dead in the stairwell. in september she disappeared from her room, but her body wasn't found until two and a half weeks later in a locked stairwell. now the doors have alarms and security must search the s

we're learning a lot o

so a lot of those cars are going to remain in the parking lot? >> well, that's right. and there are lots of cars around, just outside the police tape. now, when we first arrived about an hour and a half, two hours ago tlshs were a number of people sitting inside their cars, waiting for others to come out. most of them have been cleared in the last hour or so, but, yes. we will still see cars in the parking lot as people have to go to other establishments and probably will have to come back in the next day or stow get those cars. exactly, fred. >> and the police chief said another brief lg take place about two hours from now. 4:00 eastern time, and i know you all have tried, but, again, are unable to actually talk to any of the folks, the people who exited that mall. correct? >> we have spoke ton a few, fred, in the last couple of hours. we are speaking to more as they come out, and as we can get to some of them. so in the next hour or so, i'm sure we have more of that for you, fred. >> okay. very good. thank you, erin mcpike. we're going to try to turn that around and

and we used a lot. we leaned a lot of friends and colleagues over the year on the traditional side and said, you know, would you please come and talk? i have very good friends in the industry and people rose to the occasion, anybody i asked to do a publicity panel, marketing panel, people said, sure, we'll do it. and then we also got lucky in that whatever sponsors we had the first year, they had panels and that's how we came up with our panels. in the beginning we had something like 15 or 16. this year we're up to 18. >> the expo's key note speaker was judith kerr. she gave a room full of aspiring best-selling authors her perspective on the self-publishing industry and advised them how to make a success of self-publishing. here's an excerpts of her address. >> before i talk about our publishing program i want to -- self-publishing is not a new trend. the timeline of publishing. we can see in the paint little of the caves in southwest france as a form of self-publishing. that 17,000 years ago. these dra

states have a whole lot more. gridlock . was able to build. fortunately doesn't sound anything. to teach music creation why it should care about humans. this is why you should care only. came from. the european union is taking fish from some of the poorest nations on earth so this is a very serious and very urgent problem that needs immediate international action. waters they fish they load the fish into the ships and leave for. illegal fishing just taking the bread out of our mouths. you can jump in anytime you want. welcome back to the kaiser report by max kaiser time now to go to colorado and speak with the don draper of pot mason to work director of communications for the marijuana policy project would help pass the colorado's recent marijuana legislation welcome to the show. thanks remy all right mason tell us about colorado's new marijuana law what is actually allowed under the law well amendment sixty four which about fifty five percent of voters adopted back in november two thousand and twelve allows adults twenty one and older to possess up to one ounce of marijuana and

a lot of -- in davos, switzerland. a lot of tech giants there. marissa mayer. randall stephenson. they talked about everything from the future of technology to the nsa. i want to bring in our editor at large cory johnson. good to be in the same place now. >> we have been in separate places for a month. [laughter] >> one of the interesting things about the nsa, the tech leaders pointing fingers squarely at the government. >> it is interesting. certainly sac,o, and yahoo! as well getting these requests from the nsa. here they are at the world economic forum talking about the impact on their businesses. could askd if you president obama one thing, what would you ask for? let's look at marissa mayer. >> what one thing would you ask president for? >> transparency. so users understand the background requests we are getting and how that data is going to be used. we need to be able to rebuild trust with our users. trustyou think that the has fallen because of this? >> i definitely think so. not only within the u.s., but also internationally. me there are other countries that have concerns

a lot of it is visual. is the new car, the car of the future, going to look like say tesla is doing today? >> i'm glad you brought up tesla. they are clearly putting their line in the sand i giving the 17 inch display in the center console. we're seeing acura and nissan and honda between displays in the center stack. they after produce more cars -- they have to peruse more cars and don't have the ability to store something 17 inches at every turn, but when it comes to the experience they're trying to provide, it is a similar experience where you have information on the top part of thed ash for navigation, but your controls are in a more easy to reach area. >> isn't it easy to get carried away with that? overkill is a far beyond useful. in the case of tesla, elon musk has given a lot of thought to that display. it is beautiful. i was blown away, quite honestly, when i saw for the first time. i wonder to myself whether nissan or acura could do quite as well with it? advantagelon has the of being in silicon va

a lot of people put in a lot of hard work over the period of time. on behalf of mayor lee who was unable to attend, i'm going to present a certificate of honor to you from the mayor and i'm going to ask our general manager to say a few words and alvarez and ask vice-president of operations with the 49ers to say a few words and we'll recognize you with a momento of this occasion. on behalf of mayor lee, i want to thank each one of you. >> thank you, commissioner. bitter sweet is certainly the word as i look out at rec's and park teams. there have been teams that step foot on the field at candle stick the last several decades. you mentioned some of the highlights. it is hollowed ground. today we honor our own team. these are the men and women that have given the city so much pride and so much cause for celebration and warmth. there is going to be a lot of talk this week about clark and joe montana . but today we talk about mike gay and cumberland and all the men and women that are before us today that have had great pleasure in giving the city so much

lot of wonderful strong arm and a lot of. new knowledge base just like you and mona. lenny. pleasure to have you with us here on t.v. today i roll researcher. welcome back to worlds apart from really discussing politics and technology with harper reed who used to work for president obama as the chief technology officer mr reed i know that at some point of your life you go to addicted to the so-called personal informatics tracking your way to. what have you stopped and i wonder if it's possible to develop. some sort of application that would allow or did they were both politicians performance on the yardsticks that they are personally interested in you know. there's a few really good organizations that are doing this right now one of my favorites is pro publica and the united states is doing a lot of work to build software around journalism and politics to try and make sure that the people we're electing are actually doing the things and saying the things in our fact checked i think that's a really good summary of it because a lot of times especially when it comes to congress

and there is a lot of process, in these projects and a lot of things don't even get to the sfmta board because, we take them in a different direction, and we generally bring things to the board where we have consensus, and it is not always the case, but that is generally what we try to do so before that, we have the community meetings and we have the stake holder meetings, and at some point, things go to a public hearing before they come to the sfmta board and so there is a lot of process already. and often, we are critized for too much two ses which makes the delivery slow and we recognize that there are ways that we can improve how we do that. so finally, somewhere along the lines of the recommendations of the first presentation, this just some ideas and i think that many of these dove tail well with those recommendations about how we can better partner with the

we expect to sell a lot of these because they are inexpensive, $750, and they are a lot of fun. >> youontrolling this with two joysticks. $750? >> i mean, i think what things are moving toward his you're going to operate this with your phone and your tablet. i do it like this because this is how i am used to doing it and i get finer control and can point the camera exactly where i want. it is a fully autonomous aircraft. the way we want people to operate these things is to say go to hear on a map. push a button and go to hear. these will eventually be used for checking oil and gas pipelines and things like that, not delivering coffee. do a goodd waitresses job of that. >> delivery makes sense if you thata high-value package has to get to a place where cars can go. if you want to deliver medical supplies in australia against -- across great distances, one of these makes sense. it has regulatory hurdles and technological. >> you have a phd, which means you have been to school a lot. to entryere barriers and is this really technological? are there going to be 50 companies offering this so

they are a person with a very rich life which a lot of us care for a lot. there is a lot of people that pass away. lionel, was a cool guy. he was really great. i'm going miss him. it's really really sad. we brought him up here, even in passing. he's still making trouble. here is a picture of lionel doing what he liked to do best. there he is singing. he had a great voice.

obviously there was a lot of people in that little area. especially in that food court when this shooting took place, doug. >> rod, i hate to put this in such stark, blunt terms, but it's something that police officers are very much aware of. mall security is very much aware of and bad guys are aware of it, that a shopping mall like this is a target-rich environment. we heard the chief of police saying there could have been hundreds of thousands, i don't know that many, but thousands, if not tens of thousands of people in this shopping mall, a target-rich environment. is it time to start considering metal detectors at the entrances of shopping malls? >> i think that's a question that a lot in law enforcement is thinking about. we had the horrific situation in the mall in kenya. we looked at that situation in law enforcement and we want to make sure that here in the united states, we can try to protect our folks from anything like that. so i think going forward, many police departments and like i said the department of homeland security will

a lot of alien errors. we talked to the ceo, and he was keen to talk about each quality and what he was doing to be more transparent. >> we did a story about how they are anticipating the bull market is anticipating they will get richer. out a reportput talking about income inequality and how that could be one of the major risk factors affecting the world today and the pope giving of thege to the delegate world economic forum, talking about using their wealth for good and not just to control the world. i think that is on everyone's mind as a talking point. >> the pope might show up, but he is not. he sent the message. we have 80 billionaires. a couple of hidden billionaires. >> i was trying to find them, but i didn't find them. >> that as a whole different conversation. one of the youngest early in errors became a billionaire yesterday. >> facebook pushed her stock north of $700 million. she is a billionaire this morning. >> we will catch up with matt throughout the day. we will have plenty more from our bi

they seem pretty alert, taking a lot of notes. have not caught many of them sleeping through all this in tents hedge fund -- intense hedge fund jargon. >> you are going to be keeping us up-to-date as the trial continues. the very latest on this insider trading case at sac capital. we are going to shift gears now, get you to the new york stock exchange. listings for nannies, babysitters, pet sitters -- they are all on care.com, the largest online care site in the world, 9.5 million members. the company just went public. you can see how it is trading so far. is the ticker. shares up better than 39%. the founder and ceo is with me now. companyyou started this in 2006 because you needed to solve your own problem. how did this come about? >> my husbands parents were deceased and my parents were in the philippines, and i was an immigrant. we struggled with care. when my youngest son was young, my father cared for him and had 29, it attack all stop at became part of the sandwich generation, worried about childcare and senior care. a pers

that means you can jump in anytime you want and i'd like to go to doug first in washington you know lot of people when you look at presidents the history of the presidency it's either thumbs up or thumbs down or you forget everybody else where is barack obama standing these days lot of people call me a lame duck already we know his public opinion poll numbers are low is he going to be in the bottom rank. it's too early to say he's going to be a very significant presidents because he's the first african-american president so it's going to be a real linchpin in history so i don't know that historians will take a long time before historians can look at him objectively as a president because it's so history breaking i mean the founding fathers wrote all men are created equal and many of them had slaves so this is a great. landmark in american history and he's going to be his election is going to be viewed as a great moment regardless of how his presidency is if you don't ok bob if i can go to you i'm a lot of people said that about jimmy carter the most important thing about his presidency

>> i did not see a lot of that and we have not seen a lot of that in a long time. i think investors register that when they talk about the budget deficit being at the top of the list of concerns. there is an unease on the part of investors and americans more broadly with the levels of budget deficits and the concern of are we mortgaging our future, as a nation. >> i want to bring in julianna goldman, white house correspondent. it is a sense, down in d.c., what was the take away from the state of the union? >> one of the things we saw from the president's speech are the limits -- is the limits of his time in office is on display. he will go kicking and screaming before he is deemed a lame duck president. he is going to try to work with congress where he can. where he can't, he is going to try to flex his political and presidential muscle to see what he can get via executive orders and convening power of the oval office. .e is on his way to cosco i am a proud member as well. companyan example of a that has acted on its own to raise the minimum wage. he is pushing con

deal yarks a lot more traffic pick -- delia, a lot more traffic picking up. >> reporter: a lot more trafficd we're seeing folks on bicycles as well. we know d.c. is a very big cycling city. lots of folks. i saw somebody on a speed bike and someone on a mountain bike. i'm thinking probably the mountain bike would do better for traction on these snow packed roads. you can see just in the the circle here in union station we're pretty snow packed but lots of the main roads are passible. there still is a lot of ice underneath a lot of that snow so folks should certainly take it easy. i do want to talk about our homeless population because take a look at these buses that you have here. there are two metro buses not in service but providing a great service because they are allowing the homeless here in d.c. to actually find shelter and stay inside in a warm place. a lot of homeless are inside right now. dozens of them bundled up in their blankets. we know here in d.c. there are 15,000 homeless people. even though we have lots of shelters, 1700 live on the streets and they have a right to a warm pl

a lot of fuel, a lot of fire and it's been raging for some time now. >> she's arrived on the scene andting information right now from fire investigators already out there. but as you mentioned, they are going to have a tough time tackling this one. look at the flames. they have been leaping into the air out there. we don't know if reports of injuries so far and of course how the fire started but we know it's grown to at least three alarms. san jose fire crews were at the scene of another house fire that happened this morning, a lot of those crews had to break after getting that under control and head over to this one which we now think it may possibly grow to a four-alarm fire. they are going to have to tackle this from all around. >> some kind of building blocking our view to the right but the flames are above that. they are getting up there and a lot of black smoke. christina loren was telling us there are no winds. the wind going straight up, an aid so they don't have to worry so much about flames changing directions. >> leaping to other structures as well. it's going to be a distra

and as a result, a lot of students were released at the same time a lot of office workers were released and that's what caused the gridlock. >> and i will apologize to you as you don't make the decision as to when the schools are closed. but give us the latest update, how many cars are still stick being out on the roads and still stuck? and how many accidents are you reporting? >> well, our number one focus is to clear the roads, and we're working with our state agency partners to do that. and so we're working with the department of transportation and patrol to get the roads clear. as far as how many are stranded on the road, we don't know, and one is too many for us, and we want to get the roads as clear as possible. as far as accidents, the georgia state parole is reporting 1,000 crashes. >> how are you going to get to all of the people sitting in their cars if they have literally turned atlanta into parking lots? >> the georgia national guard has been activated and they have units out helping to get the stranded motorists life saving resources like food and water, and we have tips fo

a lot of companies will see the example.nd this is one we see a lot already.nd a lot of cool technology. you can track a lot of cool stuff. cory would be going nuts. a lot of times, it seems to be going for a single focus, which is fine. >> have you seen any products out there that have a longer life? i know there was a battery on it that show the lights then. that product and they tend to work eight hours or nine hours. lastsre anything that multiple days? >> good question. some people are making the pitch. i do not know how many days. people are trying to get to the 24-hour four hour plus cycle. that is a fair point. people are trying to make devices that would be easy to charge so you can get the same kind of way to charging our phones every few hours. >> in terms of product, looking at the way the population aged and the way the a.b. boomers would lend themselves so people magazine. do you look at the demographics of people getting more involved in fitness to decide what you want to be in? >> absolutely. missionuct cycle, the is to make products at a reaso

there are a lot of nonperforming loans. a lot of inflation. a lot of political stability. year made a lot of money in the stock market. their thinking maybe i should have a look at the environment. i am not in favor of calling today a panic. there's a lot of discriminate selling. more lower. you're looking into the weekends. opportunity,uying the pullback they had been waiting for? >> a lot of this is noise. the more global and thematic issues tend to end in pricing issues that we can take advantage of. isarly next week's statement the big girl in the room. taper and more selloff. is that what you are looking for? >> if you are in the bond market, we have not seen that the end of last year. i think i would be pretty nervous about holding onto rates. heading into the smo see meeting -- fomc meeting. ♪

. >> a lot going on today -- a lot in the company area. we will look at the emerging markets throughout "lumbered surveillance." china manufacturing showed the first contraction in six months. hsbc had a preliminary read. the chinese stocks are looking at the worst arch of year since 2010. in the u.s., we have economic data at 8:30 a.m. with first- quarter gdp and initial jobless claims, 9:45 a.m., bloomberg -beforer comfort, 10 a.m. the bell, we have a slew of earnings. after the bell, it will be google and amazon. those are two big ones in retail. >> are they more optimistic off of what facebook did? >> and facebook has so much rising power. >> let's get to the data check. cable is out. >> revenue was higher than anticipated and they increased their dividend by 15%. >> a lot of earnings are coming up this morning. there is the data for you. the yield is a big story. the fed meeting and there are the currencies. i am watching the yen and it is better than good. it is weaker. is at thefor me bottom, a basket of euro and dollars. chart and

there are a lot of disparate comments. if there is something bothering you, i can correct the facts if you have specific questions, otherwise i would prefer to have the zoning administrator explain to you his decision. >> good evening members. i'm gordon, the attorney for nevada state. we have owned the property since 2010. the zoning administrator granted three variances and this is an appeal of those variances. the appellant has said she's only appealing two of them if you read the appeal. three things i would like to say, one, the appellant made a comment that tndc would like the buy the property. commissioner at the planning commission meeting held up a letter and said at the october 13th planning commission meeting this letter state to me that tndc isn't interested in this property. that's not a quote, but pretty close. you can look back at the tape if you like. we have tried to sell this property to third parties other than mr. mac ernie. we tried three times. finally, this property, as the appellant points out, a la