which on one hand is very auto centric. we can see the mall surrounded by a host of parking spaces.nd this makes it inaccessible for people who don't have cards theit helps to control people who shop there. but the malls are kind of like suburbs themselves. be this mixposed to framean -- ucb space geometry on the roof of the mall grid.signals a geometric there are pavers that make you feel like an outdoor plaza. there are little vendors with kiosks where people send you monogrammed sweatshirts or whatever, or a cell phone plan. streetlights, supposed to make it look outside inside. there are birds in these places. i don't have the put them there or they just get in. and you kind of feel like you are outside. but they're not like a city because they imported ficus trees from florida. and everything is controlled. the natural elements like the waterfall and the trees but everything is planned. there are no homeless people. there are no pornography shops. they are not really urban spaces . a purified notion of what an urban space might be. -- we talk more about all of more about malls

one that is less washington-centric. now, you know, it's easy for you guys to cover everything in washington because it's all in one place. and it's harder to cover what's going on in the states, but we need to have that be part of the discussion. you know, things like raising the minimum wage, which most americans believe in, are being done by democratic governors. the drive towards paid sick leave for hourly employees, being led by democratic governors. we did that in my state five years ago. there's real change taking place out there. but we need to promote it and we need a democratic national party that is less washington-centric and more concentrating on what's going on in the states. >> connecticut governor, dan malloy, thank you for joining us. >>> up next, a bombshell in the mysterious murder of kim jong-un's half-brother. >>> later this hour, will politics take center stage at this sunday's oscars? it wouldn't be the first time. remember, michael moore in 2003? >> we are against this war, mr. bush. shame on you,

. ♪ ♪ ♪ >> we're here at one of the many food centric districts of san francisco, the 18th street corridor locals have affectionately dubbed the castro. a cross between castro and gastronomic. the bakery, pizza, and dolores park cafe, there is no end in sight for the mouth watering food options here. adding to the culinary delights is the family of business he which includes skylight creamery, skylight and the 18 raisin. >> skylight market has been here since 1940. it's been in the family since 1964. his father and uncle bought the market and ran it through sam taking it over in 1998. at that point sam revamped the market. he installed a kitchen in the center of the market and really made it a place where chefs look forward to come. he created community through food. so, we designed our community as having three parts we like to draw as a triangle where it's comprised of our producers that make the food, our staff, those who sell it, and our guests who come and buy and eat the food. and we really feel that we wouldn't exist if it weren't for all three of those components who really support

rates back up, dollar firmed, favors the centric businesses. our portfolio tends to tilt domestic.e favor businesses with strong balance sheets, generate attractive returns and self-financing not relying on capital market. liz: they're not relying on headline risk we've seen nationally and internationally, right? look, the president has been spiking these markets with tax talk, but on other days, when there might be something that concerns the markets starts to move down, how does the president play into the small and mid-cap? >> that is a good point. there is some concern around protectionism and impact on global trade. the small cap index tends to tilt very domestic. we're more reliant on domestic industries. liz: less than trade and border taxes? >> 100%. liz: three names you like is there common thread. pool corp and manhattan associates. that is interesting company. helps others compete with amazon. tyler technology, for muni government. >> they're 80 to 100% domestic. self-financing, generate a lot of free cash flow and strong balance sheets and can purchase their own shares

i get, that is not -- again, that is not yemen-centric. this is something that the u.s. would have to accommodate. that was very much the case with president obama decided to support the saudi war in yemen. as a compensation mainly for having anger them with the iran nuclear deal, probably did not the down support that war, but he felt i really have to give the saudis that one. maybe by helping them, i would have some control. it did not work out that way. that their goal is countering iran's influence. again, countering iran's influence depends on your perception of iran's role, where they are intervening, where you can block them. all three goals have nothing to do with stability and prosperity of yemen. the focus has always been, where is al qaeda? what does saudi arabia want? where is iran? instead of focusing on stability inside yemen, and i can tell you stories because i was involved where you would talk to people in our administration and say what we need to do is diplomatically try to patch things together and keep yemen together because if yemen falls apart, it

we are people centric business. is important.lexibly is a growing trend. businesses in any sector will need to make those cultural changes to adapt. i do not think it will go away. is it a luxury or is it good for business? that has been criticism in the past, that it is apparent. but we have put this at the heart of our culture and we have seen benefits. we have seen retention go up. keeping the staff there. we have seen more people actively coming to want to work for us, and it has helped keep our recruitment costs down. if you are the only people doing it, you stay in thatjob the only people doing it, you stay in that job because the only people doing it, you stay in thatjob because you realise you cannot go anywhere else to get that perk, if it is a perk. it is not a perk, if it is a perk. it is not a perk, it is a different way of working and it is reflective of the changing nature of the workplace. what we have tried to do is change our culture and change the way we structure our teams, the way we manage resources to counte

to be very inpatient centric 30% of revenue and only 40% in patient revenue generated that is a change from the business model we are moving in a direction that there were no employer physicians now we have to hundred and almost all of those young doctors are choosing employment over traditional private practice now what lies ahead is the implications of the change and modification of obamacare because there were 5 billion additional new people covered under obamacare and let's just open that up and we will do the best that we can. >> [inaudible] >> we will repeat the question. in the future that lies ahead with modification or repeal of a obamacare butter some of the things that would like to see? number-one we have people in the hospital every day with no insurance. that is virtually gone. it is very rare for someone to come to the hospital with no insurance. clearly i think that pretty much everyone agrees that pre-existing medical conditions and should not disenfranchise you. and ted kennedy said it best 25 years ago so obamacare was not perfect but there are errors with the model

would have been used by an agent if need be to fight its way out of a corner or to eliminate an enemy centricnveys its horrific use. they all date back to the second world war and were issued to agents and commandos dropped behind enemy lines. the items range from the gruesome to the incredibly ingenious. what about these? a uniform badge which unscrews to reveal a compass useful for escaping raf pilot. what about this? a key. the end unscrews the legal compartment useful for the end unscrews the legal compartment usefulfor a the end unscrews the legal compartment useful for a coded message perhaps. or some sort of suicide pill. what sort of person buys it? mostly historians. they keep it to keep the history and the story of these people alive. edward is now 96 and was attached to both the sas and the special operations executive during world war two. we all had buttons that could be used as compasses, because the soe laboratory was in the natural history museum seller and it was where all of this gadgets were being invented and tested and so on. murderous weapons may not be everyone's cup of

television and all different media platforms, other magazines, daily newspapers... everything is so pop-centric, whereas before the daily papers-- the mainstream media-- basically declined to be interested in what was going on there. and so they welcomed us; gave us a lot of access. today, for example, you're lucky to get 45 minutes with a superstar. back then, you road on their learjets or road the busses with linda ronstadt next to you for an entire three hour ride somewhere, and then backstage. >> hinojosa: because do you feel that today almost, now, in terms of like, music journalism, it's all controlled, contrived, prepared, marketable, kind of... >> yes. right. in one word: yes. there are, of course, exceptions, and some magazines have more access. back then, rolling stone had access to pretty much everybody for as much time as we wanted. >> hinojosa: but anytime that you read about these guys, it feels like it's, you know, it's contrived. it doesn't feel like you're really living with... do you know what i'm saying? it doesn't feel like you're really living with these big, top musicians.

-centric, but the rest of the world is growing and growing rapidly.r lasted of years, we had 2.5 million barrels, and i think that is where the growth is coming from, so people should start not worrying about the u.s. and should look at supply and capacity globally. >> let me dig into that a little bit deeper. down as well to his there is a need to extend this agreement beyond the summer. would you say that there is a need? look a coupleyou of years out, we don't really have a lot of new capacity coming on stream. you have basically just an exxon writing off energy, you have companies saying to be more careful on. growth, produced output just about even on replacing your existing capacity, so i'm not really looking now at three or six months, where we are going to stand, but if you look at 18 months cheat of years out, the market looks very healthy. >> talking little bit about gold. at thewers, if you look bloomberg, you can see gold prices are stuck in a range in the last 30 days around 1215. trying to balance out the outlook for higher u.s. interest

country, the way that we access and we receive our health insurance will change family, more patien centric, and less government focused and more free mket. lou: the leaks from white house and telephone calls with two of foreign leader with whom president spoke. under investigation. what is is your expectation. if you will, give us a sense of where you are right now with that investigation. >> well, may be a bit misleading that people believe it came from. there are different parties with priv to that information, so i will let the investigation continue without me projecting what its findings will be. but the president, has been negative about any leaks, and pushed back upon them, as well he should, he needs to have private conversations with these leaders, he said there was a mischaracterization of the tone and content of the calls, he will also put america first. that will pick up soon. but, i don't think that the leaks came from certain people, they did not come from the white house. there are other people who of privy to that information and want to put some of their own flourish on th

liz: do you buy the mexican, for example, just a fund that could be mexico-centric? >> yeah.o that because i wouldn't want to get into sort of picking individual names but i do like mexican sovereign bonds. we like the currency. so i think the umbrella of mexican assets looks very attractive however you sort of want to play that. liz: i look what is going on. the fed didn move today. what starts to drive the market? if it isn't just the wall for example, what else out of the trump administration starts to -- everybody saying tax cuts. we're waiting to see if that happens this year? >> agree. the fed didn't move because they're in the same situation as the rest of us. they're waiting to see what fistcall policy ultimately will look like. when is the timing of that. when will it be sort of a positive for the economy. i think, uncertainty is really just around trade. if we get clarity on that, i think we'll be back into risk-on environment. >> liz: risk-on environment. we shall he see. we had it right after the election. jack mcintyre, he has mexico as one of his biggest positio

headquarters, 16 floors up from inside the nearby hyatt centric. one of the many places willing to host nestle's hundreds of relocated employees. >> i think it speaks to the momentum that's happening in the neighborhood. >> you can't miss the construction. from the old colony health furniture slated to be a hotel, to the massive central place fully opening spring of next year, upgrades happening all over. >> we're midway through our transition to a mixed use vibrant downtown neighborhood. that's really where we're going. transition, filling commercial space it sat empty for 3 1/2 years, nestle will become its first major tenant. >> they will create 750 new high paying jobs here. >> neslo's president for corporate affairs tells me he hopes many of their employees currently working at the headquarters in glendale, california will make the move east. >> we're going to spend a lot of time with them, educating them on what this great place has to offer. >> necessarily stressing they are much more than just chocolate. which is what most of us think of th

. >> benson was there with the ultimate subject, the media centricity. >> what he is attracted to.harry photograph him for days. take a look at the picture. at ease, andople you can see that in his work. >> some great photographers, i'd like to think, had a camera all of the time, and they just got to photograph it. >> i think that is true. >> i photograph what i see, and what i see should inform. >> the first shot i saw was harry's shot. x you realize this is something that you have to document. >> you realize this is something that you have to document. >> he loves to photograph people. >> the green handkerchief. >> he is the guy you would try to be. has a special sense of compassion for the people he is photographing. get the joke about life, and i think he finds that in his objects so often. -- his subjects so often. >> you can talk about that forever. i am pleased to have harry benson and the codirector at the table, both. so how have you done it? harry: i am old. if that makes a difference, but look at that, look at that. you have been there, and you captured the image. i wou

we had these con centric circles, if they come together, there was stuff in the middle.rive every day to not be like everybody else in terms of covering all politics, because we're a business network, but there's no way to ignore the political side of thing. so we look for that intersection of politics and business and how it affects the markets, peoples money. we're doing that again today. every day we're striving for that. for example, we have the ceo of eli lilly. interesting comments yesterday. we got this ceo president, this pro business president that throws out conventional in terms of trade, price, whether a pharmaceutical company should just use free market forces to price drugs, and do they? what does the patent situation mean for whether it is a free market or whether you're not negotiating with the government for prices. whether you're extending patent protection. there's all these things that are now in play. they affect politics. we also have pure political guests on. the house weighs and means chairman, kevin brady will be on, and the majority leader will

sent tri centric but helping the u.s. >> could we not only see the fed tighten but other central bankersrld if inflation moves higher than expected? >> i don't think we're in the same position in the business cycle. i think we will see a more hawkish tilt elsewhere, but it's unlikely to leave rates moving up in the major central banks. it's quite possible we see the ecb announce a dialing back of its qe program later this year. it's possible that the bank of england will tighten if the economy doesn't slow in the way we and they are expecting. i don't think rate hikes are in the cards for the japanese. >> bruce, we have had a more hawkish tone out of various fed members. yields have slipped. we hit a high above 2.5 on the ten-year, now 2.3%. what's leading that? is the international yield picture now leading the u.s.? >> you know, i think yields have moved up. there's a technical story about where supply and demand in the market is now. we think the overriding message is that if we're right on the macro economy, if we're right on the fed and we have the next fed tightening in may, yields

they tend to be a bit too energy centric.t have good rule of law there, less judicial protection. you have to be more cautious although the value has been there. we think places like mexico are probably oversold. they were punished pretty dramatically given the news of trump, the idea that the fed will be other -- tighter than other central banks. we think that is probably overdone. hopefully, some of the smarter people in donald trump's inner circle are talking him down from any type of strong dollar policy or any major types of protectionism. some of the places we like our , emerginge mexico markets offer some value, but nothing out there that is demonstrably cheap. tok: how much is priced in u.s. markets as we come up the records, price to perfection coming given what we know and what we don't know about the trump administration? >> it's a great question. i don't know if we are price to perfection but we are priced to a lot of happiness. there is a lot of optimism out there for an agenda and policy platform that still has

. >> oscar-centric, of course.ovies we should snack like we're at the movies. i brought you a spread. >> thank you, thank you. >> we're going to start with a quiz. this year's contenders, question one, which acting nominee appears in two films nominated for best picture this year? >> mahershala ali. >> mahershala ali. >> oy -- i, okay, fine. >> let her finish the question. >> the answer is? >> uh huh. >> mahershala ali. >> and he just had baby, right? i'm not giving everything away. >> i mean, forget it. we can just not do -- >> come on. >> paula. >> don't give up, macedo. >> question two. who shot their oscar nominated role in just three days? is it naomie harris, michelle williams, or jeff bridges. >> i know, i know. >> i'm going to say jeff bridges. >> michelle williams. >> michelle williams. >> you're all wrong. it's naomie harris. she only had three days to do it all. >> it was such an intense role. that's really really really, really impressive. >> you got it, diane. >> if lin-manuel miranda wins, he would be

priorities usa, which calls itself a voter centric progressive voadvocacy group released its findingswhat went wrong in the 2016 election. swing voters who voted for obama and then voted for trump in 2016 and democratic-leaning voters who came out in 2012 and not in 2016. that second group is largely african-americans and millennials. it said it found several ways the party can engage with these groups to win them back. joining with me is guy cecil, former political director for hillary clinton's 2008 campaign. turns out these two groups have a lot in common. how does that information translate into a win for democrats? >> well, i think our party is having a conversation right now where there is near unanimity that we need a 50-state strategy and that requires that we speak to both swing voters and base turnout voters like african-americans and millennials. and the point of our research is to make sure our party is not simply a collection of 70 or 80 demographics groups but rather we are providing a comprehensive approach to the future of our country. the three things that were most i

wolfgang: the market recognizes that there are more political risk that are more european-centric. for example, spreads have widen over the last couple of weeks. the market has continued to rally. europe is around 10 basis points or more higher, the first time in three years. we also have to appreciate that exposure to the banking sector is high in europe, which contains hardly any bank risk. european banks are sensitive toward political risks in europe. if we see for the uncertainty around the dutch election in 2.5 weeks in the presidential election month later, i would expect to see further weakness. vonnie: moving to the u.s. now, 2.3-2.5, we are seeing on the 10 year treasury. you see them breaking out? we have both the fed chair in the vice chair speaking friday. wolfgang: icy interest rate risk in the u.s. so far, market participants do not really believe that the next meeting in march is live, so the implied probability is below 50% in the federal reserve has been pretty good in the past to avoid surprised rate hikes. if the fed hiked interest rates more than 80% in implied

he was policy centric. jim baker was the guy making sure trains ran on time and communications were there, and mike was the guy to arrange a rollout like tonight. it's not that easy. that's why i'm not here at all to blame anybody else specifically because this white house is still evolves. now, you know, you wish that it wouldn't have happened that way because it's cost the president. >> yeah. >> again, as a governor i know this and say to the staff all the time, and when i worked for folks, your job is to make sure that nothing bad happens to the principal. that's the main job of staff. that's why, you know, my view was, this is not throwing anybody under the bus. it's just the truth. when something goes wrong, it's not the president's fault. it is the fault of the people who are in charge of making sure that his policy was accurately communicated, properly vetted, and expertly rolled out. that was done today on the supreme court. it was not done on the travel situation. >> governor, thank you for coming

. >> translator: we can see the world has not become more western centric more more safer with the so-callediddle east. it's brought about tension in europe. >> let's bring in cnn international diplomatic editor nic robertson live for us in munich. nic, what else did he say and how did the other leaders there listening react? >> reporter: well, he also went on to say that he and russia wasn't looking for confrontation. but it still believes that it can have a pragmatic relationship with the united states. but this does seem to sort of be a reaction to at what russians have heard this week. lavrov obviously met with secretary of state rex tillerson earlier in the week. and the outcome of that very much echoes what we heard from mike pence earlier today, the vice president speaks to united states transatlantic allies saying that the united states supports nato. wants to work and sees a common future and a common bond with europe. i think what we're hearing from sergey lavrov is the reaction to hearing what trump saying about nato being obsolete. and perhaps he could make some new deal with pre

. >> benson was there with the ultimate subjects who were there peak of their media centricity. >> they but they have to be someone he is attracted to. >> nobody is more reclusive than bobby fisher. he allowed harry to photograph him for days. >> take a look at the picture. take a close look. >> oh, my god. >> he puts people at ease, and you can see that in his work. >> some great photographers, i'd like to think just had a camera all the time, and the moment happened, and they got it. with harry, you always know that's true. >> if i don't take a photograph, i've made a terrible mistake. i photograph what i see, and what i see should inform. >> the first shot i saw of the senator lying was harry's shot. >> no matter what your personal feelings may be, you realize that this is something that you have to document. >> you could argue that he's got nothing left to prove. harry still feels every day that there's something to prove. >> i've been debunked already. >> he loves to photograph people who are bigger than life. >> this guy was -- and a green handkerchief. >> he is the guy everyone e

centric names. higher portion of their income coming.e looking at bank of america, morgan stanley, jpmorgan. the further down you get market caps the better overall benefit because they're more u.s. centric. there's a lot going on in washington on the regulatory front, too. when you look at bank stocks, there's a lot of tail winds we haven't seen for quite a while. there had been head winds and there should be good news for the stocks. >> morgan stanley said $30 may be the new $20. that was betsy grayczk. there seems like capital return among other things. what kind of moves do you think these companies would make if there is a tax cut? >> well, i mean, in theory it's going to clear up a lot of extra capital to be returned. it still has to go through the scar process but i think the sleeper advantage to something like this will be some of the indirect benefits. a lower tax rate is going to make investment more profitable. you would think it would push up capx, improve economic growth, you'd see loan growth pick up, good for the capital m

stuart: here is another centric city outrage.cooperating with federal authorities and dangerous illegal is set lose in our streets. in denver police arrested edward vales on theft charges, federal immigration charges has him held. he has a record of a gang member . he posted bond and released days later he was charged with murder. the point is century city nonsense. they want them out and so does the president. the media won't tell you but the people are with the president. the third hour of varney&company is about to begin. note stuart: it turned around. we are selling 5.6 million homes in an annualized basis, 10-year high. market goes up like that. only up 6 points, though, but it liked it. big gains for the whole of the stock market arena. dow up 13% since election day. s&p 500 up 10 and a half per can he be the. big gains. since the election, look at this, the value of american companies has gone up, astonishing $2.97 trillion. let's call it 3 trillion shall we. this is going by the gains registered for the 5,000 index. chief

when i came here we were very in patient centric about 70% of the revenue came from inpatients, 30% ofue came from outpatients. this year we have 60% of our revenue will be outpatient oriented and 40% of our revenue inpatient which is a pretty dramatic change as you would say in the business model or medical model. another one, we are really moving in a direction where more and more physicians are choosing employment, there were virtually no employed physicians and the medical foundation made 200 employed physicians. almost all the new young doctors are choosing employment over traditional private practice and we had another big thing, what will be the implications of the change, repeal, modification, whatever it is of obamacare because that really in california, there were 5 million additional people covered under obamacare, the federal government pumped $15 billion into the state of california and we are wondering what the heck is going to happen. let's open it up and start to talk with each other and do the best we can to offer as clearly as we can. >> in the post obamacare euro wha

. >> anthony: for lunch a modest protein-centric repast of steak. raised right here on bill's ranch. >> bill: there's the marbling on the wagyu steak. that's what makes them good. >> anthony: oh, that's nice. and it's pretty damn tasty i can tell you. so you hold an opposing view is that correct, on access? >> david: the idea behind the stream access law that if you stay in water, it's public. i agree with that concept. bill: but where do you draw the line for private property risk? if the state were to pass a law that your restroom was public because the public needed it in your house. >> anthony: right. bill: but just because this isn't my backyard doesn't mean it isn't any less mine than your toilet is yours. we still pay taxes on every foot of it. >> anthony: i'm an old school lefty, but i got to say -- i kind of completely understand the property owner's point of view here. there'd be no ambiguity in my feeling if -- if i'd inherited this land and it had been in my family for generations and i looked around at it and wanted to keep it like it i

jay mentioned centric politics is what wins.hat was proven both in the primaries and general election is that typical way that we look at the spectrum doesn't work so donald trump was very successful going into the mid-west and the industrial midwest, michigan, wisconsin, pennsylvania, talking about trade. i consider him to be a fraud. he's no defender of the regular person, but he was absolutely right. so-called free trade has been a disaster. that's been something that the clintons, the elites, the insiders have supported for the last 25 year, and i think it's distanced ourselves from while working class people from regular americans. donald trump was very successful with that. tom perez supported the trance pacific partnerships. it's not about sen draft far left, it's about what will get a decent living for regular americans and it's not neo-liberal economics. it's not the economics that have defined the kind of portion of the party that we don't support. >> and so i would say -- i actually agree with jonathan, in fact not ju

i know lately i spent aton of time trying to explain how wrong it is to be trump centric, not easy whens so much time with executives and gives speeches like the one tonight to define his presidency, including his current stance on pharmaceuticals but let's recognize some moves are simply related to bonds and bonds aren't in the grips of the economy being driven by this bizarre shortage. once you grasp that, you can understand what's going on and not just what the media cliaims is going on with this sector and with so many others that are thought to be trumped at all times. stick with cramer. is is double . hodor! hodor! ehhh, hodor. you guys watch game of thrones, right? inconceivable! surely, you can't be serious. i am serious. and don't call me shirley? that's the unlimited effect. stream your entertainment and more with unlimited data from at&t. plus, get the amazing new iphone 7 on us. what's critical thinking like? a basketball costs $14. what's team spirit worth? (cheers) what's it worth to talk to your mom? what's the value of a walk in the woods? the value of capital is to crea

what i understand it to be is a media that is not so, um, america centric, as we tend to have in this country. when you travel over seas to other countries, pretty much everywhere, there's a much better balance of coverage in terms of what's happening domestically, politics, you know all that kind of stuff, the regulatory environment, and a little bit of here's what's happening in the rest of the world. sometimes we really lack that in this country. i think the idea of a globallest media is something wonderful. i know that's not what steve bannon means. he's talking about people who really i think his conception of globallest is a person who really doesn't care about the united states and doesn't put the united states first, which i think is hog wash. something else interesting about this people love the idea of this evil genius controlling hand in any administration, you know in the bush administration it was dick cheney. in the obama administration i guess the david axlerod and valerie jared type. >> kind of a slash. >> the way he's been described in the media, you envision this dar

centric. it's growing 15% to 20% a share. you have no problem with border adjustment taxes.ng market share in a number of areas including individuals which is their big business. we all know schwab doesn't discount brokerage but also registered investment advisers. so firms who do what my firm does and they've used platforms before with bigger banks as custodians and they've moved on to the lowest cost, platform available right now, which is schwab. so they're gaining market share. offering a very high quality product. and they're increasing the number of advisers who move toward them. we also like the fact that they make a lot of money on the sweep of cash into their bank. and as interest rates rise, of course schwab benefits. if you move $10 billion in to the bank at schwab, that adds over $100 million of net interest revenue. it can add another 5% to 10% to the growth rate over the next several years. >> is this the best name -- do you own other names in this space, other brokers or is this the only one? >> we own other banks. we own silicon valley bank. we own first repu

. >> not making it trump centric. leads me to my next question.keith ellison said yesterday, donald trump's actions so far, quote, legitimately raise the question of impeachment. a month into the trump presidency. lieding candidate for chair of the dnc saying impeachment may need to be on the table. >> there are serious legal and constitutional concerns emerging. let's face it. we democrats don't like to admit this. he won. yes, there was russia. yes, there was comey. we won the popular vote, but he still won. i think the dnc chair more than anything else needs to concentrate on winning elections. they're coming up. 2018 will be on us very soon. here in georgia we have a special election for congress that's a few weeks away. we have to concentrate our efforts on making sure that democrats are winning at every level, from school board all the way up to the white house. that is the number one way we can make sure that our values, our policies and our candidates have the upper hand going forward. >> candidate to be the chair of the democratic nationa

ceo mark zuckerberg said he wants to make facebook video centric and that includes developing an app tv set- top boxes in order to watch facebook videos on your tv. also, facebook is in talks with various media companies about licensing original content. facebook shares are down despite the solid earnings. the economy is in focus again this morning. the labor department says first time unemployment claims dropped by 14,000 to 246,000. unemployment claims have now remained below 300,000 for 100 straight weeks. first time that's happened since 1970. stock market broke its two-day slump yesterday mainly because of apple. apple had a big 4th quarter. and its shares surged to the highest level in 18 months, responsible for yesterday's gain. we are losing those gains in the early going this morning. let's go to the big board and see how we're doing so far. apple shares are moving lower again this morning. and right now the dow is down 23. nasdaq down 11. the s&p is off by 4. michelle and kenny, back to you. >> also, jason brooks from kcbs radio, thank you. >>> today a nationwide protest ag

the world has not come more western centric nor safer with the so-called democratization of the middleere, the extension of nato the past 30 years has brought about tension in europe. >> and manu, this is what people like mccain and lindsey graham fear. >> yeah, they do, and they are actually pushing legislation without actually -- to actually give congress veto power, give it check over the white house if it were to move in the idea of loosening and easing those sanctions on russia. right now the republican leadership in congress is not saying that they are going to schedule a vote on that issue, but if trump were to start to move towards that direction of easing sanctions unilaterally, particularly before russia pulling out of crimea this, could prompt a major battle in congress. does trump want to do it or does he listen to someone like mike pence who is clearly uneasy about that prospect. >> jackie? >> these are all old issues, two-state solution. the relations with russia, where to go with whereby. what happens when -- when something unexpected happens, when there's a new issue an

japanese prime minister spending three days with the american president, this also has a very asia-centric aspect to it where these incredibly powerful nations are sizing up the president and also trying to get a sense of how they will play in a new trump world. >> i recall the news conference that took place at the white house i believe on friday when the prime minister and the president held their joint news conference. i would say the bulk of that news conference was dominated by economic issues and the issue of north korean, possibly north korean missile test did not feature very highly in any of the questions that were asked to either president trump or the prime minister. so this has been somewhat of a reminder, really, of what's at stake in the u.s./japanese alliance beyond just the economic interests between the two countries. >> reporter: absolutely. economics often will play into national security issues and of course, china is the big player in that part of the world and donald trump has presented himself as a strongman figure wanting to take a very tough position against any ag

in the first year of an administration, what you see is increasing activity, which is washington-centric lobbyists, but it does include lobbyists, folks coming to try and develop the relationships with new members of the administration, advocate for whatever they think government should be doing, congress is in session more. lots of activity under way. so we would expect washington would be one of the strongest markets in the u.s. in 2017. >> susan, arnie, thank you guys. good to see you again. arn arnie sorenson and susan lee. "squawk alley" is back in just a moment. >>> getting some breaking news on the president's pick for labor secretary. eamon javers is at the white house. eamon? >> carl, that's right. nbc news's peter alexander has confirmed that trump's secretary pick will be alexander acosta, the dean at the florida international university now. he was an assistant attorney general under george w. bush. we're expecting that announcement now at 12:30 here at the white house and a hastily arranged press conference from the president of the united states. he just announced that whil

talking about how , weness a year or 23 ago would have been focused primarily on china and mostly china-centrice think about the total geopolitics, and china is part of that, but our view on china is that it is a very, very well run economy and we expected to continue. the cfo of rio tinto talking about their business and commodity prices. show that was from our new , bloomberg daybreak: europe straight. daybreak australia. interesting some of these on the bloomberg, the big moves in iron ore, prices jumping to a to my tie. -- two at two month high. is that something the austrian can do well out of? >> at the margin, it helps. it has changed remarkably over the last decade. pre-2010, it was a proxy for chinese growth. you could track gdp and china and that, one in the same thing. it changed for the canadian dollar around 2010 as well, and one reason was because it becomes one of the world's most popular reserve currencies. so when foreign exchange growing,were outperforming relative to what you would have thought previously because chinese growth was not great through those times. when it chang

there is a food centric department. for 20 years i've been teaching a good history class in addition to other classes. i'm also a charter member of the professor's fan club. i started using it in my food history graduate class of years ago when it came out. ine read it several times debt and that a chance to talk to students about it. i've gone through their writings about it. it is an amazing piece of work. it is amazing because it synthesizes a lot of food history that has already been produced all of the world. it,puts her own spin on idea of a cuisine history. it is not about agriculture or commodities, it is the idea of cooking and cuisine through time and its relation to world history. it follows the similar world history narrative, and then you have cuisine layered over it. the two interact and are instrumental. cuisine moves s civilizations developed and changed and are absorbed by others. you can really learn a lot about world history through the study of cuisine. an intellectual history book, a book about idea

great innovation, great customers centricity, an awe maiding employee base who believed that problems could be solve, complexity was something they could deal with very well. and just the history was amazing around the innovation. that brand company business was one that had run to the end of its natural ability as far as it could run without doing a big morph. because technology's changed. everything was changing so quickly that one of the choices that we had was do you, just inch along a little bit and let this stuff atrophy while you're trying to find your way in the dark or do you take something back and try to extend yourself into a new set of markets with the same foundational element. >> rose: and you chose. >> we chose to do that. literally opt to go forward to lean forward and take a chance. at the end of the day the journey was hard. at the end of the day, and i think it's showing up in the short term in the market and show up in the longer term of the market as well we ingested a company called acs made it part of xerox. we rejiggered acs. some things that were acs are no l

if you are a bank centric region might be euro area, hurting the banks is not exactly a good idea ift to promote growth, so if they move rates up a little bit, or reduce the corridor, but do other things to give us more guidance or extend qe, i think that could be a good thing for markets. anna: did we definitively than in 2016 that negative rates are bad idea? francesco: i have, i surely have. [laughter] francesco: i have learned also that reading and listening to different policy makers, how they change music, i mean, at the beginning of the year, up to probably march, april, negative rates were, you know, the best thing after sliced bread, but come the summer onwards, there has been a greater recognition of the damage of this does to the financial industry, so you know, japan artist the yield curve to generate more slow and we have seen pretty much the same happening in the euro area. anna: we had confirmation of german gdp data today, one of the stronger parts of the european economy. what do you make of the strength a coming uppean dat from germany and france and other parts of

i do not believe in this population centric counterinsurgency. it is a very that, quite out as, has been thrown a doctrine, but, in fact, it has not really stood out in reality, if we need to check ourselves and have a heavy dose of introspect, i think a good example of winning is what has happened in colombia. they have dealt with counter narcotics as a major issue. they have dealt with training indigenous forces. they have dealt with a heavy of the country under insurgent control. they have dealt with other aligned actors on the borders that they have had to deal with and safe havens. there are models. we are just not really paying that much attention to it. in terms of the training, i think a lot of people think we need to have more trainers out more in order to have combatants out there and therefore have more medevac capability and closer support if our guys are there. i think that is also false. i think we need to be preparing the afghan military to do the heavy lifting. quite frankly, we do not need to be out there that much. it is not goi

french centric.igh as 60% in the french market a couple of years ago, so they clearly are very exposed to diesel. the transitions for a lecture vocation, more importantly, just the gas engines in the near term is one which everyone is confronting. guy: is it a big problem for companies that have been exposed in france very briefly because of the high penetration rate? george: it is arguably may be a bigger challenge. they would have invested more in diesel historically given that that is where the european market was up until around two years ago. that being said, france, in particular, psa, they fit the technology which essentially is the clean technology that volkswagen did not have. guy: george, thank you very much indeed. george galliers, matt and i will continue on radio. "surveillance" next. this is bloomberg. ♪ to wait. unwise janet yellen says the fed does not need to wait for a stimulus plan to raise rates. treasury yields, the dollar, and stocks climbed. strengthening the bond with britain