-mark: how you doing? mark. -lemonis: this is mark. -scott: mark. it's a pleasure.u. lemonis: the harper group is one of the most well-known product rep groups in new york city, and what they essentially do is they take a manufacturer's product and they basically distribute or rep it to retailers across the country. and so it's a step that's necessary to be able to get in a lot of different storefronts. are you guys ready? sam: we are ready. -mark: come on in. -sam: okay. lemonis: this is a big opportunity. i hope mark can keep an open mind during the pitch and not react to criticism. no distributor wants to take on a pain-in-the-ass partner. mark: so, our new collection is called the flora collection. -scott: okay. -mark: so from start, you know, we tried to go with a traditional look with a little modern touch to it. we went to -- we went to, like, that old-school, we were trying to think of like -- -sam: like a vintage. -mark: old vintage wallpaper. -scott: sure. -mark: so, yeah, we almost wanted to, like, bring some vibrance to it but still have that old feel to

(mark) and i'm mark danon. lets start the morning with a check of weather and traffic... (anny hong) a potent late- season storm system will impact the region and result in widespread rainfall and strong winds beginning this evening and continuing into friday morning. breezy conditions and lingering showers will persist into saturday before dry weather returns late saturday. after a few days of dry weather, unsettled conditions potentially return by the middle of next week. anchor robin:no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. ( mark ) breaking news... the california congressman leading the house investigation into president trump's possible connections to russia is stepping down. in a statement released just 5 minutes ago... republican congressman devin nunes says that several groups have filed ethics complaints against him and he doesn't want to be a distraction. nunes says the charges are false. nunes represents fresno county. speaker of the house paul ryan also just released a statement saying he supports nunes' decision to step as

(mark) and i'm mark danon. lets start the morning with a check of weather and traffic... (james) it's cool this morning with a lot of mid 40s to low 50s right now. we are expecting a few scattered showers today. let's start with a live look outside. our 4-zone camera network shows it's clear at the moment with no real fog to speak of. your "ready 4 school" daypart forecast shows low 50s to start the school day. then, low 60s by lunchtime. the winds will pick up this afternoon and the chance of a scattered shower comes into play. make sure you bring an umbrella (rebecca)looking at the bay area traffic maps and updating drive times. it's busy on the roads this monday morning. the bay bridge toll plaza is crowded. metering lights are on. traffic is backed up into the maze. coming out of the maze to cross the span and get into san francisco expect about a 20 minute trip time. if you're heading for sfo expect about a 45 minute drive time. moving over to the san mateo bridge westbound 92 is busy getting to the peninsula and making the connection with 101. keep in mind a high wi

(mark) and a warning in the east bay as warning in the (mark) (mark) and a warning in the east bay asike in car thefts. find out what neighborhoods are being targeted by thieves. you're going to be hanging out in here. so if you need anything, text me. do you play? ♪ ♪ use the chase mobile app to send money in just a tap, to friends at more banks then ever before. you got next? chase. helping you master what's now and what's next. (darya)(mark) welcome back to the kron four morning news... lets start the half hour with a check of weather and traffic... (anny hong) dry and seasonably mild conditions will continue across the region today and tomorrow as high pressure builds in. unsettled conditions return late in the week with locally heavy rainfall and strong winds possible from thursday night into friday morning as a strong frontal system pushes inland. unsettled conditions potentially persist into the upcoming weekend. looking at the bay area traffic maps and updating drive times. moving over to the san mateo bridge westbound 92 is smooth getting to the peninsula and making the conne

(mark) and i'm mark danon. lets start the morning with a check of weather and traffic... (james) we're looking for a dry day today with comfortable temperatures. let's get outside and check the 4-zone forecast camera network. it's relatively clear and cool outside with temperatures in the low 50s near the water and mid 40s inland. your "ready 4 school" daypart forecast shows that during the 8:00 drop off time, temperatures will be in the low 50s bay area-wide. by noon, we should be in no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. ( darya ) our top story this morning... 40 to 60 teenagers swarm a bart train in the east bay and start robbing people. and now police are trying to track them down.( mark ) it happened at the coliseum station in oakland. will tran is live there this morning with the details. will. ( will ) dozens of teenagers hop onto a bart train and start a violent crime spree and they are all still on the loose this morning. this all happened at the coliseum bart station around 9:30 saturday night police say about 40-60 teenage

(mark) thanks will. we will check back with you through out the morning. ( darya ) we are learning new information about a 50- year-old napa man arrested and accused of sexually assaulting a teenage girl. timothy marble was arrested saturday near highway one on harbour way in bodega bay. police say marble called police earlier that day and told police that his passenger, a 13-year-old girl, jumped out of his moving car. police say the girl ran away from home on thursday, and ended up at shell station where marble convinced her to get into his truck. the teenager says he used a syringe to inject her with meth and sexually assualted her multiple times. police say marble also used a knife to scratch his name into the girl's skin. neighbors spoke to kron four after learning about his arrest. <"this is surprising to think of somebody that's just two houses down from where i live, ya know, and with all the kids that live in the park here, 'cause it's a family park. so there's families with all their little kid

do not retry mark.ple? this is love. this is belief in this human being. this is not a question in our hearts. please, listen to us. and know we love this man. >> so was it over? oh, no, not even close. instead, shasta county's d.a. assigned awe new prosecutor to the case, stephanie bridgette. something to know about miss bridgette, up to this moment she had never lost a case, not one. her secret, preparation, she said. she is very thorough. by the time you finished reading through it, in your preparation, what did you think? >> i didn't have any doubt that mark was the one that killed his wife. >> and so two months after the first jury came back hung, a retrial. first order of business, the prosecutor subpoenaed 12 members of mark's family, including his most vocal supporters, which meant, of course, they could not sit in the gallery supporting mark during the trial. seven of the 12 were never called to testify. so was it a strategy to prevent the jury from seeing a united family? no, said the prosecut

(mark) and i'm mark danon. lets start the morning with a check of weather and traffic... .look for scattered showers to continue through the day today. dry and slightly warmer weather is forecast for friday and saturday. rain chances will return on sunday, and indications are that unsettled weather will continue for much of next week. no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. ( mark ) breaking overnight... police are trying to identify a man who was hit by a car and killed in san mateo.( james ) kron 4's averi harper is live at c-h-p headquarters in redwood city this morning with the details. averi. ( averi ) all lanes on state highway 92 in san mateo are open after a fatal crash closed the westbound lanes wednesday night, according to the california highway patrol. the incident was first reported at 10:10 p.m. on the highway, just west of el camino real, chp officials said. a preliminary report indicated that an suv struck a pedestrian. emergency crews. a sig-alert was issue

(mark) and i'm mark danon.of weather rebecca: most of the wet weather has pushed out of the bay area...we're seeing just light scattered showers right now. winds are still kicking up so be careful on the roadways this morning. today the showers and breezy conditions will continue. a live look outside the pavement is wet around the bay area. round two of the heavy rains and high winds expected tonight. getting the kids ready for school, dress warm and make sure they have their umbrella. no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. ( darya ) ( darya ) breaking news from overnight... a woman is in the hospital this morning after a tree fell on her house in benicia.( mark ) this is just one of many downed trees we are seeing all across the bay area after heavy rain and wind last night. kron 4's averi harper is live in benicia with the latest. averi. ( averi ) you can see the tree fell right onto the home.. here is video from the scene. two people were inside at the time. the woman s

(mark) and i'm mark danon. don't forget...the day to win hamilton tickets during this hour. lets start the morning with a check of weather and traffic... (james)today will be a nice way to end the work week. sunny and breezy is the short version of the forecast. let's go outside and check our 4-

) and i'm mark danon.with a check of weather and traffic... (anny hong): .a system will pass to our east today with locally breezy conditions expected. dry and seasonable weather is expected tuesday through wednesday. rain is likely late in the week. rain chances will start in the north by thursday and then develop regionwide by friday. local heavy rain and strong winds are possible thursday night and friday morning. looking at the bay area traffic maps and updating drive times. traffic is very light at this early morning hour. if you're an early morning commuter there will be no wait at the bay bridge toll plaza. westbound 80 out of the oakland side will take you about 8 minutes to cross the span and get into downtown san francisco. over to the san mateo bridge where there aren't a lot of cars on the roadway...expect a 15 minute trip out of hayward peninsula on westbound 92. ( darya ) breaking overnight... a man shot and killed in the east bay and the shooter is still on the loose. it happened just after

drier weather returns by sunday. ( mark ) the man who ( mark ) ( mark ) the man who died when his fishingy has been identified as 47-year-old brian phidat ho... of san jose. ho and another man were fishing monday when the 13-foot boat went head-on into a wave...tossing it end over end. this is video of the area from our helicopter partnership with a-b-c 7 news. the other man... who was also tossed out into the water was able to get back into the boat. two dogs on board swam to shore and survived. ( darya ) roughly 400 payless shoe stores are shutting down immediately and that includes three bay area stores. the company announced it has filed for bankruptcy. payless says it can't compete with its online competition. the company says its shutting the muir station store in martinez, one in vallejo on redwood st and another in san jose on story road will be shutting their doors today. ( mark ) happening today... a busy road in alameda county will be shut down for nearly a month - as crews work to stabilize a nearby hillside that's at risk of collapsing. palomares road will be closed between p

(mark) and i'm mark danon. don't forget... we are announcing the word of the day to win hamilton tickets during this hour. lets start the morning with a check of weather and traffic... hot spot san francisco overturn accident nb 101 after 80 split blockign two lanes (james)we're off to a cloudy start once again, but not as much fog. let's go outside an check our 4-zone forecast camera network. also gone, is the drizzle. we're looking for a drier day today. temperatures are generally in the 50s right now. here's your "ready 4 school" daypart forecast. at 8:00 when school begins, we're expecting low 50s. by lunchtime, we should be enjoying partly cloudy skies and mid 60s. then by 3pm, as kids get out of school, we'll hit our peak temperatures which should range from the low 60s at the coast, to upper 60s by the bay, to low 70s inland. winds will be blowing once again today, especially at the coast. that's today's have your 3-day outlook coming up in 15 minutes. ( darya ) happening today the city of berkeley is bracing for protes

this is bloomberg. ♪ mark: live from london and new york i am mark barton.m vonnie quinn. this is bloomberg markets. turning now to mergers and acquisitions and a big deal in the luxury space. a french billionaire is moving to consolidate control for about $3.2 billion as one of the biggest transactions ever. shares of both companies are higher on the news. bloomberg's robert williams has been covering this story from our paris bureau. buy?in, why would lvmh a pretty pay set. the company that makes the fashion accessories and handbags and clothing has actually been separate from the perfume and beauty business which lvmh has owned since the 1960's. so seeing these brought together under the umbrella of one company, by doing this you hope to have a greater impact and seek financing more easily. mark: but it is a two-part transaction. lvmh, butts not only permits as well. how have investors reacted? shares of lvmh have gone up 4%. i think investors are happy they are getting a share of the action of what is a relatively strong brand. they have around 2 billion

( mark ) plus...approved gas tax won't generate enough money to repair roads in the state. anny hong breaks down the long term impact of the gas tax. and... up to 60 teenagers rob passengers on a bart train in the east bay and they are still on the loose. kron four's will tran is live with the details. ( will ) several dozen teenagers rob passengers on a bart train in the east bay and they are still on the loose this morning. i will have the details coming up in a live report. ( mark ) plus... one man is behind bars after attempting to kidnap a woman in the bay area. we'll show you where it happened. ( anny ) and... the tennesse teacher accused of kidnapping a teenage student appears in a california court. i'll tell you about the big decision a judge made coming up. (darya) good morning i'm darya folsom..(mark) and i'm mark danon. lets start the morning with a check of weather and traffic... (james) we're looking for a dry day today with comfortable

(mark) and i'm mark danon.ning with a check of weather and traffic... .look for scattered showers to continue through the day today. dry and slightly warmer weather is forecast for friday and saturday. rain chances will return on sunday, and indications are that unsettled weather will continue for much of next week. no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. accident 17 at glenwood ( mark ) breaking overnight... police are trying to identify a man who was hit by a car and killed in san mateo.( james ) kron 4's averi harper is live at c-h-p headquarters in redwood city this morning with the details. averi. ( averi ) all lanes on state highway 92 in san mateo are open after a fatal crash closed the westbound lanes wednesday night, according to the california highway patrol. the incident was first reported at 10:10 p.m. on the highway, just west of el camino real, chp officials said. a preliminary report indicated that an suv struck a pedestrian. emergency crews. a sig-alert was

mark: so, great. let's come here -- that's where you'll major focus is going to be, at least short-term. the economic policy that the president has put forward, that you're focused on, describe what you think is most important to get done short-term? what's going to create jobs the quickest, and what are you going to say day one, the rest of this year, we have to get done, highest priority? sec. mnuchin: so, i mean, our two main points to create economic growth are tax reform and regulatory relief. and those are the things that we have been working on every single day since i've been confirmed. as it relates to tax, as you well know, we have over 100 people in the tax department, even though we haven't gotten everybody confirmed yet. we have an incredible treasury staff working hard day and night and we're close to being able to bring forward what is major tax reform. and on the regulatory side, my focus is primarily on the financial markets, although across the administration, we're focused on regula

) and i'm mark danon.rning with a check of weather and traffic... (james)it's cool this morning with a lot of mid 40s to low 50s right now. we are expecting a few scattered showers today. let's start with a live look outside. our 4-zone camera network shows it's clear at the moment with no real fog to speak of. your "ready 4 school" daypart forecast shows low 50s to start the school day. then, low 60s by lunchtime. the winds will pick up this afternoon and the chance of a scattered shower comes into play. make sure you bring an umbrella for pick up at 3:00 today. how will the commute home be this evening? i'll have that forecast coming up in 15 minutes. (rebecca)looking at the bay area traffic maps and updating drive times. happy monday morning! traffic is light and bay area roadways look so far so good at this early hour. the bay bridge is problem free and will be easy coming out of the maze to cross it and get into san francisco. expect under a 10 minute trip time. ( darya ) breaking news from overnight.

(mark) and i'm mark danon. don't forget...announcing the word of the day to win hamilton tickets during this hour. lets start the morning with a check of weather and traffic... hot spot san francisco overturn accident nb 101 after 80

this is bloomberg. ♪ ♪ mark: live from london, i am mark partin -- mark barton with vonnie quinn in new on lingergthening investor concern about global security risk and the path of the u.s. interest rates. joining us is bob i a chino. ino.ob iacc it,s a funny market, isn't because we have stocks in your rising but goal is -- gold is rising as well. what is gold telling us? bob: gold is starting to take notice. it is a geopolitical play and nothing else. prior to the tensions we had with syria and north korea, gold was using its inverse correlation with the dollar to move, the dollar was strengthening and gold was falling. noticee starting to take and i would take the lead from gold. a wild back when we hit that $1200 mark, i was beginning to think that any geopolitical risk was out of the gold market, and you saw that in the vix as well. if we get above friday's highs, and this is the best day for gold since mid-march, i start to worry. as to my cue from gold whether the geopolitical situation israel from a market perspective -- is real from a market perspective. geopolitics clearly ha

(mark) happening now.of dollars from a napa jewelry store. this is the man police are looking for. they say this happened back on april 1st but are just now releasing his picture. police say he walked into the store, tried on a necklace and then ran out with it. (james) a california family has died after a small plane they were in crashes in oregon. it happened north of eugene. witnesses described seeing the plane flying at a low altitude when it suddenly turned and went down into a field. the victims are a california couple, their 17-year-old son and a 67-year-old pilot. the n-t-s-b and f-a-a are investigating the crash. (james) an alaska airlines flight is diverted because of a possible fire in the cargo area. it happened yesterday morning on the flight from sacramento in san diego. the f-a-a says a cargo fire warning light caused the pilot to land the plane at the modesto city airport. when firefighters checked the plane, the didn't see any flames. 55 pasengers were on board the flight. they were put on

mark: in london, i am mark barton.r a look at some of the biggest business stories in the news right now. card sales rose last month at the highest level on record. sales were up 11% to 1.9 million vehicles. chrysler ran over the big winners. number two, persia. shares fell in london by the most in six months. falling at a fast pace. moves to make the brand more aspirational. withdrawn from u.s. department stores in non-premium locations that is thed -- latest bloomberg business flash. context and background on people of interest. china policies president wants to revise china's anchored -- ancient silk road with a network of infrastructure. find out how it today's his quick date -- quick take. >> that means a spurring trade along the 2000 euros routes along a network of railways, pipelines, and highways. supposed to boost development and deepen economic ties across asia. critics see it as a way for china to spread its influence further west. the original road was a trade route in china as far as europe. -- cal plan in

(mark) and i'm mark danon. lets start the morning with a check of weather and traffic...easonably mild conditions will continue across the region today and tomorrow as high pressure builds in. unsettled conditions return late in the week with locally heavy rainfall and strong winds possible from thursday night into friday morning as a strong frontal system pushes inland. unsettled conditions potentially persist into the upcoming weekend. looking at the bay area traffic maps and updating drive times. the bay bridge is backed up behind the toll plaza, and beyond the 880 overcrossing...the metering lights are on. if you have fastrak or are carpooling this morning, those lanes are moving much quicker. expect a 10 to 15 minute drive time into downtown san francisco. moving over to the san mateo bridge westbound 92 is the peninsula and connection with take you under 15 minutes. ( mark ) breaking news from overnight.... two people stabbed in san jose and the attacker is still on the loose. it happened on woz way just after midnight this morning. police say each victim was stabbe

(mark) (mark) former cowboys quarterback turned nfl broadcaster tony romo was invited by owner mark cuban day so romo actually suited up ran out with the team and went through warmups was introduced with the rest of the team before the game and sat on the bench with the players cuban wanted to have romo play in the game itself but said nba commissioner adam silver drew the line there romo joked like he was about to check inonly to be pulled back by cuban the mavs lost to the denver nuggets 109-91 (mark) and of course people took to twitter to talk about romo on the mavs. skip bayless says it's weird to see romo being celebrated by the mavs instead of the cowboys. he kept saying he's "embarassed" but very appreciative. odd night. clarence hill junior said tony romo spoke to the crowd at the acc. wonder when he will speak to cowboys fans. asking for a friend. and then one person said i want a girl to love me like dallas loves tony romo. (mark) and steph curry's new autobiography. according to marcus thompson ii, author of the miraculous rise of steph curry, lebron james, chris paul and russ

mark: i am mark barton.the bloomberg business flash, some of the biggest business stories in the news. a dubious distinction for goldman sachs, posting the smallest increase in fixed income trading. revenue from bonds trading up 1%. their first quarter earnings and revenue missed estimates. atlantia is exploring a takeover of spanish told giant a burtis and could create one of the world's biggest highly operators. shown interest in a possible deal. anthony's garbage he says the data for the trumpet -- anthony scarlet mucci says the data for the trump administration remains unclear. >> i am unemployed. the good news is, i am not homeless. i still have an office at guy bridge and the deal will close -- sky bridge and the deal will close in five to six weeks. he hadedia reports said been named an advisor to the president. that is the latest bloomberg business flash for this hour. take a look at where european equities are, minutes away from the end of the tuesday session. today is the first proper day back. loo

. >> mark: 26 points, eight boards.will take on the utah jazz tuesday night in oakland at oracle arena. and they will take on the defending western conference champ champs. meanwhile, houston plays antonio a little later today 34i67 and then you did it today without the guy at the center position and causing a lot of intimidati intimidation. so you did that. but people stepped up. when you look at the final box today, favors, joe johnson off the bench, the bench contribution was outstanding. so once again, the defense, they are known for defense. they gave it in this building today. >> mark: let's look ahead to the series now against the golden state warriors for the utah jazz. they went 2 -- 1-2 against them. the home win coming late in the season. the warriors, remember, have been next stop, george hill and the jazz. oakland. abc news "world news tonight" coming up. for brb brb and lisa salters, i'm mark jones saying thanks for watching abc's presentation of the playoffs. and two in the reserves. our 18 year old was i

) and i'm mark danon.morning with a check of weather and traffic... (anny hong) a cold front will bring mainly light rain to the area (anny hong) a cold front will bring mainly light rain to the area tonight. after a few residual shower on thursday dry weather returns thursday night into saturday with a slight warming trend. unsettled weather return sunday with cool and unsettled weather persisting next week. no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. san mateo bridge less then 30 min from 880 to 101. golden gat bridge drive time less than 30 min from 37 to the toll plaza. richmond bridge drive less than 20 min from the toll to 101 <"oh my god, oh my god, oh my god, oh no.">( james ) it's the video sparking worldwide outrage against united airlines. a passenger being dragged down the aisle and off a flight.( mark ) and now united airlines c-e-o has issued a second apology saying in part that no one should be mistreated this way and that the company takes full responsibili

mark: i'm mark barton live from london. ets.s bloomberg mark aluminum fluctuating on it news the trump opened a trade investigation into whether imports international security. further,s to discuss scott barr. is it going to lead to a curb and imports? >> that's what the trump administration would like. i think that's probably down the road a little bit. that's the path that they are on right now. we are seeing the price in a stock like ach take a big hit on this news. mark: what does it mean for the price going forward? aluminum gaining 16% this year. rising 12% last year. by stableeen held demand. there are reports china is stepping up efforts to curb excess capacity. what's the outlook given this pledged to investigate? >> the outlook is still on the upside. any sort of tariffs we may see coming from china is going to help the american producers. i think the pressure is to the upside. hopefully when the dust has settled if we can get increased capacity and supply here in america eventually that could drive the price down. rig

expect under a 10 minute trip time. ( mark ) ( mark ) ( mark ) organizers of the annual 'outside landsal ... have announced this year's line up. this year's headliners for the festival's tenth anniversary ... include bay- area based heavy metal band 'metallica'... 'the who ... "gorillaz'...'lorde'... and 'a tribe called quest'. the show will also feature 'queens of the stone age' , empire of the sun' , and the avett brothers. outside lands starts friday august 11th... gates are set to open at 11 a-m and it will go on until sunday night. you can check out kron-4 news- dot-com to see a list of the full lineup. ( darya )( darya )( darya ) this morning we are getting our first clue about what will be the newest crayon color. last week crayola announced that it was retiring the "dandelion" color. during a facebook live chat the company revealed that the new crayon will be in the blue family. they also said that this summer they will be asking fans to help name the new color. they also say that more clues about the new crayon color will be announced next month. ( mark ) coming up in the next

mark: yes. reporter: but you don't know yet -- mark: we have not gained access to the individual in question. there is a lot of speculation that the north koreans may conduct another nuclear test as early as this evening. do you have anything you can say about that ahead of this could council meeting the secretary will be at on friday? mark: excuse me. well, as you know, we are usually pretty close lipped testspossible actions or the north korean regime may take. obviously we will respond accordingly if and when such actions, such tests are taken. i think in general with respect to the secretaries meeting later this week -- first of all, you have the meeting at the white house today obviously chaired by the president along with nikki haley. you have book ended on friday this meeting that secretary tell will chair at the un security council. this is a really important week that highlights u.s. engagement with the un security council and members of the security council and underscores our concerns

mark danon.orning with a check of weather and traffic... (anny hong) a potent late- season storm system will impact the region and result in widespread rainfall and strong winds beginning this evening and continuing into friday morning. breezy conditions and lingering showers will persist into saturday before dry weather returns late saturday. after a few days of dry weather, unsettled conditions potentially return by the middle of next week. (anny hong) a potent late- season storm system will impact the region and result in widespread rainfall and strong winds beginning this evening and continuing into friday morning. breezy conditions and lingering showers will persist into saturday before dry weather returns late saturday. after a few days of dry weather, unsettled conditions potentially return by the middle of next week. no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. ( mark ) breaking overnight... a missing ups driver has been found safe after the truck he was d

this is bloomberg. ♪ mark: live from london and new york, i'm mark barton.his is the european close. it's heading up to be a big we can american politics with congress trying to avoid a government shutdown and they want to include funding for the border wall between the u.s. and mexico. is wednesday the day we should be waiting for? week on capitol hill. i am in statuary hall where lawmakers are returning to washington after a two-week recess. wednesday we hear from the white house as to when they will unveil some type of details surrounding tax policy. that caught some folks off guard on capitol hill but also april 28 is the key date when in thers republican-controlled congress must pass some kind of partial government funding bill to keep the government open and avert a government shutdown. the politics is where this gets interesting. president trump is tweeting about using the funding budget as a way to fund the u.s.-mexico ka the wall and democrats are united against it connected pose a political wrench which could lead to a government shutdown or a temp

mark: i am mark barton. the european close about 17 minutes a day.ncine is in washington and joins us with the newly appointed finance minister of south africa. francine: i was looking forward to this the most at the imf in washington, d.c., the newly appointed minister. thank you for much for speaking to bloomberg. it's been tough for you, you come into the job after a political appointment changes in government, and the credit agencies downgrade south africa. what will you do? >> we are working to in storing investment-grade. we are not panicking. in particular, what encourages us is on the one hand, the downgrades are not based on the weaknesses in the strength of our economy. they were based on perceptions of uncertainty and at the level of policy and the direction we are going to take. we think there's enough ground for us to recover. mean?ne: what does that when you keep in place the policies that your predecessor who have the trust of the credit agency had an ice -- had in place? based on theis consistency of the economy and government in the

) and i'm mark danon. lets start the morning with a check of weather and traffic... (james) we're starting off this morning with dry conditions, for the most part. there is a chance we could catch a sprinkle before the day is done, so bring the umbrella just in case. let's head outside and show you what conditions are like right now. our 4-zone forecast camera network shows low clouds all around the bay. temperatures are hovering in the low 50s. your "ready 4 school" daypart forecast shows we'll be in the mid 50s school begins. we'll see skies and temps warming to with a chance staying with us. by 3:00 when the school day is warm it up to the upper 60s once again. have your 3-day outlook next update. no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. ( mark ) two people are in critical condition after a double shooting in the east bay.... and the shooter is still on the loose. the shooting happened around 7:30 last night near the corner of meekland and medford avenues. police bel

) and i'm mark danon.art the morning with a check of weather and traffic... a live look outside right now, clear and cold conditions. temperatures are ranging from a 5 to 10 degree difference from this time yesterday. dry weather along with a slight warming trend is forecast across the region through saturday. light rain returns to the region on sunday with unsettled weather possible into the middle of next week. dry weather is then expected to return late next week. no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. ( mark ) happening this morning a showdown between santa clara county and the trump administration.( james ) there could be a major ruling about the president's sanctuary city policy after santa clara county filed a lawsuit challenging an executive order aimed at withholding federal money. ( mark ) kron 4's averi harper is live outside the federal courthouse in san francisco this morning with the details. averi. ( averi ) santa clara county supervisor dave cortese an

(mark) happening now.lice are looking for a man who stole a necklace worth several thousands of dollars from a napa jewelry store. this is the man police are looking for. they say this happened back on april 1st but are just now releasing his picture. police say he walked into the store, tried on a necklace and then ran out with it. (james) a california family has died after a small plane they were in crashes in oregon. it happened north of eugene. witnesses described seeing the plane flying at a low altitude when it suddenly turned and went down into a field. the victims are a california couple, their 17-year-old son and a 67-year-old pilot. the n-t-s-b and f-a-a are investigating the crash. (james) an alaska airlines flight is diverted because of a possible fire in the cargo area. it happened yesterday morning on the flight from sacramento in san diego. the f-a-a says a cargo fire warning light caused the pilot to land the plane at the modesto city airport. when firefighters checked the plane, the didn't

mark: thank you.onnie: another big story in terms of elections, standing by are there any candidates gaining momentum? is there one that is getting a little bit of speed now? >> we have seen the far left wing candidate gaining momentum over the past couple of weeks. a lot of pressure on the two front runners. in the final four days before the first round on sunday, the a differentre using technique. trying to return to some campaigning, visiting factories and markets. using a hologram technique, physically doing a rally but also as a hologram and six other cities across the country, including the remote region. you have a republican candidate who is actually, you could also say he is getting a little bit of momentum, trying to unite his former rivals. he was joined by his former rival in the republican primaries last november. he is the hologram an actual strategy that is working? could he actually pick up votes and momentum on this? appearsay argue that it .t can appeal to young vote it makes them mo

mark? mark: let's stick with markets as investors respond to the round inf the first the french elections. philip, thank you very much for joining us. now that we have the hurdle of the first round of the french election out of the way for, is path clear for a sustainable rally in the european equities? i think the impulsive nature of the equities in the last few days tells the story that effectively we had a fault of political uncertainty, claudia underlining, as election going on in market after that he reflation trade flows presence of election and we are seeing the same pattern repeat itself now. the impulsive move suggest that markets are getting back to focusing on fundamental factors. i think clearly begot the italian elections to think about the countries that have not been announced yet but maybe in september. at the moment, we are in political remission, provided that micron comes through in the final round. we are shifting to an earnings driven bulls phase. >> yes. mark: what is

mark: it's becoming more prevalent, isn't it russian mark this foreign-exchange market.see more and more examples that these flash crashes, this for the likes of isaac lieberman, it's the nectar, isn't it is mark the more he can study it and the more money he can make it >> this doesn't happen often. postmortem anda he looks at what happened in the markets and what he did and what his firm did to perform during that event. during the pound's flash crash, he looked at $500 million and 92nd. mark: that's quite incredible. the market is changing, isn't westmark there are new players. what role do these types of companies play? how important are they in the market? crisis, the financial thanks but hamstrung by a lot of regulation. they've been less willing to take risks. what happened is you have new players such as a relatively small player and some other big names like citadel or virtue trying to make markets. they are edging in on the banks chair. the market is changing and it's interesting because what i think it's doing on a smaller scale than some of these other firms

mark: mark barton. this is "bloomberg markets." the company with in leftillion in fines oversight of its traders. joining us with details on what deutsche bank did wrong is michael moore. define.wo-pronged -- pronged fine. one element is allowing currency traders to chat with their counterparts in other banks. that is something we've seen in other banks, in terms of the rigging scandals in fx. forlso have a smaller fine little or specific thing, which was not setting up the right properties to make sure the traders were not going beyond customer demand and putting in proprietary trades. vonnie: how to the infractions get spotted? was there a spot check? the deutsche bank know this was coming? michael: the fed has been talking to deutsche bank, they've been in dialogues with the banks making sure they have these processes in place. in the fed found that in deutsche bank's case, they weren't adequate. you also have some other regulators looking at this as well. vonnie: how does that happen? if you were in dialogue with someone and yo

bay bridge wb 80 is less then 30 min from the maze to sf. ( mark ) in entertainment in ( mark ) ( markntertainment news... disney released the dates for some of its big upcoming movies.... inculding one starring harrison ford in his 70's.( darya ) the first coming out is the ninth "star wars," which hits theatres on may 24th of 20-19. its live action version of "the lion king" is set to arrive in july of 20-19. ( mark ) and the sequal to "frozen" debuts in november of 20-19. and a fifth "indiana jones" movie comes out july in 20-20. steven spielberg is directing and harrison ford is back as "indy." he will be nearly 78-years-old when the film opens. (james) tracking your morning forecast. details coming up. ( averi ) and police are looking for a man who exposed himself near a preschool. i will have the details in a live report. who are these people? the energy conscious people among us say small actions can add up to something... humongous. a little thing here. a little thing there. starts to feel like a badge maybe millions can wear. who are all these caretakers, advocates too? turns

(mark) thanks will. we will check back with you through out the morning. ( darya ) and take a look at this... more problems in the oakland hills. this is new video of downed trees near the corner of maple and sylvan avenues. this is new video just into the newsroom from overnight. these trees came down late last ( darya ) breaking news from overnight... a woman is in the hospital this morning after a tree fell on her house in benicia.( mark ) this is just one of many downed trees we are seeing all across the bay area after heavy rain and wind last night. kron 4's averi harper is live in benicia with the latest. averi. ( averi ) you can see the tree fell right onto the home.. here is video from the scene. two people were inside at the time. the woman suffered a head injury, but is expected to be okay. fire crews say there is major damage to the roof and the inside of the home. fire fighters say at least three other trees came down around the city last night and they are preparing for more incidents. back

the illegal practice is known as trade mark squatting. and the chinese law trade marks are reviewed on a first come first serve basis. she won't profit unless she sells trade mark items in china a country with nearly 1.4 billion potential customers. adriana diaz cbs news beijing. >> so meanwhile the president's older sons are looking to extend the family brand as well. eric and donald trump are considering creating two new hotel chains one a four star and the other less lurch yourous and would focus on texas and the south. they are in ch organization is looking to do more business at home, domestic ventures now that international deals are off limits to avoid conflicts of interest considering their father is the president. >>> and going back to breaking news out of prince georges county where fire and rescue crews spent most of the morning battling this fire here under construction in college park. delia gonzalez is joining us live keeping an eye on what's happening there. >> that's right pretty impressive scene. i got off the phone with

this is bloomberg. ♪ mark: live from london and new york i am mark barton. i am vonnie quinn. this is the european close. president trump ahead of his lead -- meeting with the nato chief, moments ago the white house released actions designed to streamline the structure of the federal government. it starts the president's pledge to "drain the swamp." joining us now, one of our white house reporters. shannon, explain to us what exactly is in this action? >> it is intended to be the start of a campaign promise to "drain the swamp." but like repealing obamacare it might not be an easy -- as easy as the president is anticipating. the first step they are taking is an executive order which is sort of an open call for suggestions about how the government could be reorganized. the head of omb says he wants to start with a fresh, clean slate. a blank piece of paper and really think, if we were to rebuild the federal government how would we rebuild it? are there agencies that could be broken up? are there things that could be moved around within the federal government?

(mark) and i'm mark danon. lets start the morning with a check of weather and traffic... (rebecca)a live look outside right now...clear and cold. temperatures are an average of 5 to 10 degrees cooler than at this time yesterday. today will be sunny and dry and the same for tomorrow then big changes for easter sunday. no major hot spots. bay bridge wb 80 is slow from the maze no major hot spots. bay bridge wb 80 is slow from the maze ( mark ) breaking news this morning a showdown between santa clara county and the trump administration.( james ) there could be a major ruling about the president's sanctuary city policy after santa clara county filed a lawsuit challenging an executive order aimed at withholding federal money. ( mark ) kron 4's averi harper is live outside the federal courthouse in san francisco this morning with the details. averi. ( averi ) santa clara county supervisor dave cortese and other community leaders.. all gathered yesterday to show support for the lawsuit. it argues the constitution does not give the president the power to use state and local gove

mark: i mark barton. this is the european close on "bloomberg markets."r the bloomberg business flash, a look at the biggest business stories in the news right now. goldman sachs is getting ready for brexit. startear the firm will moving london-based staff and operations to new or expanded offices inside the eu. goldman says it will relocate client facing staff to cities including madrid, milan, and paris. no word yet on how many people will go where. u.k. fellices in the in april by the biggest amount since 2012. according to the nationwide housing society, prices dropped for 10th of a percent. it was the second straight monthly decline. that may be a sign of deeper consumer weakness in the u.k. sony forecasting its highest operating annual operating profits since 1998. the japanese company continues to dominate gaming. it is showing strong growth in phone camera chips. that validates the strategy of the chief executive who has put less emphasis on consumer electronics since taking over sony in 2012. that is the latest bloomberg business flash. botc next

(mark) and i'm mark danon. don't forget... we are announcing the word of the day to win hamilton tickets during this hour. lets start the morning with a check of weather and traffic... (james)today will be a nice way to end the work week. sunny and breezy is the short version of the forecast. let's go outside and check our 4- zone forecast camera network. it's clear and cold. in fact temperatures in the valleys this morning have dropped into the 40s. here's your "ready 4 school" daypart forecast. at no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. ( darya ) maze to sf. ( darya ) breaking news we are following this morning... police in martinez are in the middle of an 11 hours long standoff with a man suspected of killing a woman in walnut creek.( mark ) this standoff has been going on since last night. kron 4's averi harper is live on the scene right now with the latest. averi. ( averi ) an hours long standoff with a murder suspect in the east bay continues this morning. it's happening in martinez

mark: i am mark barton. this is "bloomberg markets."the biggest business stories in the news right now but more problems for the embattled chief executive of barclays. according to "the times of london," the u.s. justice department has joined british regulators investigating him for trying to root out a whistleblower. the berkeley board has reprimanded him and make callback last year's $1.6 million bonus. john paulson will step down from the board of american international group now that his hedge fund has sold shares in the interim. according to a person familiar with the matter, the move will be announced in the next few days. paulson had proposed splitting aig into three companies. the firm posted a $3 billion loss in the fourth quarter. step to challenge the world's biggest retailer, offering discounts on more than one million online items that customers then pick up at stores. walmart says it costs less than the company to ship to stores, so customers should share in those savings. "bloombergr latest business flash." vonnie: time f

mark: i am mark artan. -- mark barton. emma chandra has more in london. international monetary fund has raised global growth forecast and issued a warning, saying the worldwide economy will grow 3.9% this year. left thee u.s. -- it u.s. forecast unchanged and warned the immersion of protectionist forces could undermine economic growth. in just a few minutes, you will be speaking with maurice obstfeld, the chief economist. president trump says talks with china's president have convinced him to abandon his hard-line approach on trade for now. he was interviewed on fox news. >> the understands it is a big problem. he is working on it. am i going to start a trade war with him in the middle of working on a bigger problem with north korea? i have great respect for him and we will see what he can do. emma: the president says he has not changed, his position has. taking aim atp is tech outsourcing companies bringing foreign workers to the u.s., revealing the h-1b visa process. they would says likely have fewer visas approved. the program has been criticized for a