jan, michael cowen. terrence allen. >> i'm a veteran and member of access of love and operation evac which is a veterans group that means educating veterans about cannibis. i want to say it's really important we get diversity and the task force to allow patient groups to have a say about compassionate care. and i know you are hearing some things over again, but it's so important because the opposition gets up here and goes over and over again about their speel. and we need equity for the dispensaries as far as the footage, so that people can find optimal places to open up. and bottom line, compassion care for veterans, low and no income patients and seniors is very, very important. the dispensaries not only should be required to have compassion program, but they shouldn't be scared off by having to pay extra permit or tax or whatever to said program. i know they pay bulk tax when the medicine comes in the back door of current medical dispensaries, they shouldn't have to pay yet again to give it away. and

breed breed i, cowen iiaye. commissioner kim, aye. peskin aye. commissioner safai, commissioner tank, commissioner yee. aye. it is approved. >> item number 9 update on the san francisco transportation climb action strategy information item. mr. daugherty. >> i was under the impression the climate action strategy was a function of our whatever it is called, department of the environment, san francisco environment. it is now housed at the sfmta. the floor is yours. >> i am ti daugherty and i am he to present on the climate action strategy in close partnership with staff from the planning department and the department of environment. despite all of the recent distressing news about the changing climate system, san francisco has two climate goals in 2017. the firs first reduced emission% since 1990. that is significant. second over half trips in san francisco were made using environmentally sustainable travel modes. as we look to the mid century climate goals it is clear a transformation of the transportation sector is required to meet those ambitiou

cbs sunday morning's lee cowen met imagine dragons on tour. ♪ i'm waking they are one of the biggestthe decade. imagine dragons practically a household name admittedly unique name that almost wasn't. i remember a year into the band. we had a discussion changing the name of the band. >> i do remember that. >> manager is like, guys. you don't want to change the name. the name is amazing. >> did you have an option in mind? >> no. >> the name stuck, and so did their sound. ♪ front man, surround himself with band mates hail from berkeley college of music where they play jazz before they hit the road with reynolds whose idea of a rock band was a bit different. >> i'm so burned out on the whole theme of rock 'n' roll equals drugs. the rest i can, i can go with. you can complete the equation. rock 'n' roll equals, just sex, i guess. ♪ my kingdom come >> good music, good fans followed. the bright lights of success had a dark side too. ♪ ♪ look into my eyes ♪ ♪ it's where my demons hide ♪ >> we went pretty hard. it was years on the road. not seeing families, not seeing friend. just sort of dis

we heard from miss cowen, but the flash vouchers are pretty valuable and feels confident we can find comparable housing and it can be the case, but what about the folks without vouchers, are they included in the relocation plan and what are we going to do about that? >> so commissioner melgar, i'm going to defer to staff on some of the questions. i'm going to let matt take most of it and then finish on the other issues. >> thank you. >> i'll just comment on the speaker, i went out and talked to him in the hall before he left. he's occupying a unit that we were under the belief was vacant. so when this whole process started, we worked with the property owner and a handful of tenants moved to different cities and found something they wanted to do. we had come to an understanding we thought with the property owner to not fill those units when they became vacant, we knew what we were facing. so i've got his information to talk to him in further detail. he had to go to work. that's the explanation i have at the moment. sorry. >> so, the question was about the value of the vouchers, the se

from bowie state to bowie native anthony cowen. terps down 15 at the half to bucknell.ond. in transition, wiley tips it to himself. he scores, terps down a point with about five minutes to go here. justin jackson hits his first three of the year to put maryland up for good. terps win it. a close one, 80-78. >>> patrick ewing and georgetown hosting maryland eastern shore this afternoon. this one never in doubt. always up big in the first half. johnson hits the three. career high 24 for the junior today. jesse govan had a game for himself, folks. 23 points, 14 rebounds. georgetown wins it 83-57. >>> to capital one arena. tonight facing the the holiday home stand here. scoreless in the first. caps on the power play. t.j. oshie scores. 1-0 caps. later in the first, now tied. dimitri orlov lights the lamp with the slap shot. 2-1 cavs. they go on to win it 3-1. >>> and maryland, field hockey team playing uconn tomorrow in the national championship. >>> and the redskins in new orleans. big game against the saints tomorrow at 1:00, as well. >> thank you. >>> that's the news for

. >> the cowen note seems a little hyperbole to me anyway if bill broke down, the senate bill this week, and you got the feeling at best it was going to get pushed off to 2018, yeah, you can see the market come off 3% 4,% but i don't think more than that for a very simple reason the global economy is strong not going to beat that horse, doing that for months and profits are strong and that will support the market beyond a 3% to 4% grop. >> is that the only risk-in-the-story between now and new years is if something does get delayed from taxes and cowen is right and then you start to lose momentum. >> it's already delayed. >> they -- they were saying spring in -- in november and december during the transition, and then they were saying september in the spring, so -- >> my point the market is now clearly banking on something. >> if you say so i disagree. >> you don't think any part of -- of the market now has -- >> how do you dis-ntantang will it, you can't? >> maybe small caps, maybe. >> small caps are trailing everything they are up 13.6% this year. >> 22,700 on the dow. >> that's fine.

. >> david, thanks for sticking around for ustonight, david seeberg with cowen and company. >>> president trp's asia trip turned to trade deals. kayla tausche is in beijing. >> reporter: president trump's maiden visit to beijing, a year after anti-china rhetoric fueled his election victory, brought a change of heart. >> who can blame a country for being able to take advantage of another country for the benefit of its citizens? n chalked up the etary of state ballooning trade deficit to benign neglect. he said the two countries were far from fixing the underlying issues but were making progress for companies. more than two dozen companies joined an executive delegation. ceos like dow's andrew liberice wants to be at the front of the line for access. >> key is turning up, which is why i'm here. you have to be part of the shift and understand it from their perspective. >> repor ge, boeing, and qualcomm among those signing deals in beijing's great hall of the people, after winning approval from presidents trump and xi. the administration estimates in total they inked deals worth $250 billion.

ben cowen came in the oval office one morning and was chuckling. would you mind sharing the joke with me, mr. president? all right, ben, eleanor was just in here she had been to her doctor this morning for her annual physical. and i said, what did the doctor have to say about that big ass of yours? she says, he had nothing wrong to say about you. >> dickerson: mark, you tell the story of father and a son, which moment from that do you want to tee up? >> there are two moments. one is 1990. the christmas holidays, the extended bush family convenes at camp david. and it's on the eve of desert storm and george h.w. bush has decision to make whether to send ground troops into kuwait to drive out the iraqi invaders. he has a dream that night. his father is alive again, his father died in the 1970s. and he finds out he's at a hotel room near a golf course, he goes to that hotel room there's his dad, he recalls him big, strong, highly respected and he hugs him says, i miss you very much. flash forward a dozen years and improbably the bush family some once

days bitcoin zooming through nine thousand dollars and beginning to bust ten thousand dollars per cowen one analyst suggested that bitcoin prices could rise above forty thousand dollars by the end of next year it's no wonder that many are be fuddled by bitcoin as the government financial regulator for years i was the first to call for consumer perfect protections and regulatory oversight of bitcoin it's abundantly apparent that regulations and consumer protections are needed now more than ever and here's why one bitcoin has been used for illicit purposes in the past for silk road and other things there's no overt evidence that it's currently being used for the any ominous activities but the dark digital nature of the currency itself leads to potentially inappropriate use the federal bureau of investigation the f.b.i. they put people in jail in the past for money laundering and other unlawful activities and i really wouldn't be surprised if that doesn't occur again perhaps even sooner rather than later so regulations are requiring greater transparency around the world to help investigato

lee cowen has the story. >>> america's breadbasket, corn, wheel wheat stretching into the horizon. kids who go hungry almost each and every day. take connorsville, indiana, 60 miles east of indianapolis. nearly a kwaquarter of the chiln in the county are at or below the poverty line. almost 60% participate in free or reduced priced lunch programs. and those who serve those meals like louisa smithson say for some kids this may be all they eat. >> this gives them a little bit, we can offer them some, yea. >> schools have always been the front line in the battle against childhood hunger. it started with the national school lunch act signed by president truman in 1946 which gave federal money to states to fund school lunches. today more than 30 million kids benefit. and yet, by some estimates. at least one in six, still doesn't know when the next meal is coming from. >> school lunch its no longer this brady bunch constreen yens. it is a soup kitchen. it is a place where kids who haven't eaten that night or haven't eaten that weekend go to get basic nutrition so they can function. >> je

my name is michael cowen. i'm secretary of the democratic club. i want to make a suggestion, that is for with compassion program, how about tying it to medicare. that way you could track it, it would handle people who are already in the system and i think it would be practical way to manage a compassion program. second point is i think we're going to need more consumption lounges, we have eight in the city. we're going to have thousands of more patients medicating and we need to find a place where they can medicate safely and away from schools, parks and other locations where it's not going to be allowed. my last request is that please do not overregulate cannibis. this is a new industry, we -- it needs to be managed but it also needs to be managed in a responsible way and overregulation will damage it and could kill it. thank you so much. >> good afternoon supervisors. excuse me. my name is greg goodbetter. i'm co-chair of the rose kenya group, a small group of patients that share medicine and activities here in the city. i am also sit on the cha

i was on the record two weeks ago i did not see supervisor cowen and farrell had to get ice cream andt displays commitment to the people of san francisco. in addition, when super-visor cohen is quoted as saying people are responsible for the trash on the street. that is a bold face lie that defies logic. people in an rv are going to run around with a bunch of eviction stuff. what is shown here today is clearly these board of superintendents is in the hip pocket of the real estate developers and contractors. it would be refreshing how much they paid you to come up with these decisions. you don't have to pay the taxes for numerous times. you can undermine the city treasure. >> you are not allowed to speak on that issue >> i am talking generally. back to the situation of the city. never before has the city been in such a miserable state. you are the neros sitting on roam. never been no feces, more needles, more car break ins, more people livings in misery. you can't legislate cannabis, you are not competent. no idiot would give you their money for a bank. are you kidding? you are a disgr

they including hope hicks, white house cowens don mcgahn, and josh raffel, adviser to jared kushner. let's go to shimon perez. >> that's exactly right. some of the closest aides are expected to be interviewed by the special counsel team. particular attention is to the air force one meeting niche hope hicks and jared kushner were present, this was involves the crafting of a misleading statement ultimately about the president's son, don junior's meeting with a russian la you are who claimed to have dirt on hillary clinton. that meeting at trump tower during the campaign and a statement that was crafted on air force one that hope hicks was present for, jared kushner and other aides, is not part of the special counsel's investigations, and hope hicks, as you say is close to the president, and a witness to a lot of the actions that the special counsel is now investigating the kushner has that issue on air force one, but also his failure to disclose russian contacts, the comey firing, and other communications with russians that are part of what congress and mueller is looking into. >> on k

it's funny, i wrote my little x marks the spot before i saw the lower third graphic x marks the spot cowend the stock i bet you they upgrade it again or raise their price target. and i'll say this very quickly, there's a little gap in that chart that tim didn't mention, but i will say somewhere between 33 and 35 is where we filter in. >> two buys, one sell here on the desk we want to hear from you at home head to twitter right now and vote in our poll @cnbcfastmoney. accumulations up to 8 inches... ...don't know if you can hear me, but [monica] what's he doing? [lance] can we get a shot of this cold front, right here. winter has arrived. whooo! hahaha [vo] progress is an unstoppable force. brace yourself for the season of audi sales event. audi will cover your first month's lease payment on select models during the season of audi sales event. every day, on every street, in every town, across america. small businesses show their love to you. with some friendly advice, a genuine smile and a warm welcome they make your town... well, your town. that's why american express is proud to be the fo

oliver chen is over at cowen with a new note this morning and victor anthony is with us at post 9 happyck friday one of the great days of the year >> yes >> oliver, i'm seeing your new note better digital and physical store traffic. more selective promotions, colder weather, better margins, inventory control. is this goldilocks, or are we glossing over hard parts >> there is a brighter black friday stores were stuffed more than last night's turkey, so we're looking to 4% to 5% growth also digital is a big part of the story, so online growth about 15% to 20%, as well. there are a lot of things moving in retail's favor, including cooler weather, good inventory control, and generally speaking a good economy with low unemployment so it's a brighter black friday, it twinkles, and inventory control has been good in terms of our overall call outs we like walmart, we like what we're seeing with everyday bargains there and we're also impressed with a lot of improvement at target versus last year. we agree electronics are a good deal and innovation and jeans, as well. >> you know what's brighter,

beauty oliver chen at cowen says the contour bubble popped and that's why the category is slowing.eg to differ as someone who contours every day little color for you there, literally. >>> let's get to dominic for the european close >> moments away from the european close and the color of the day is red you can see red across the board from all the major sectors in europe all sectors closed with declines, the banking index saw stocks rise. check out what's happening with germany's commerce bank hosting a net profit as the focused overhaul other earnings, reporting an increase in net profits and it saw higher profits and sales from a year ago. the ceo also telling cnbc it's set to conclude preparations to sell its health care business by the end of march of next year. and luxury brand burr berry getting hit hard after the company outlined costs of store refurbishments, it spooked investors, so a lot of red overall. back to you. >> thank you very much for that. >>> let's go across the room and get a news update this morning with contessa brewer >> here's what's happening right now. at

countries from other confederations has finally been a reason to smile at the brazilian club chuppah cowen say a year ago the team was involved in a plane crash and three players survived the accident which killed seventy one people but completely new side was put together after that accident on thursday they were celebrating the win that ensured chappaqua would be staying in brazil's top division for another season. arguably even better news here for their goalkeeper jackson foreman who lost a leg in that accident this week he was back in training at the club his ambition now he says is to one day a pair up the paralympics that would go far as move into the semifinals of the season ending a.t.p. finals in london the belgian seventh seed beat dominant team in straight sets to set up a semifinal with six time champion roger federer bulgaria's grigor dimitrov will face american jack sock in saturday's other so we tried to. do the best and he can do something different because in looper never beat roger and the solution is against him though we tried something different because i have nothing

claudia cowen live in los angeles with more. >> it is considered the greatest health problem in the worldillion people. but now there is a new front in the battle against depression as ucla commits to finding a cure. >> let's go back to the meeting. >> researchers have launched a half billion dollar study with the goal of eradicating depression. >> we don't want to make it so people don't have sadness but that it doesn't rob people of their lives. >> an estimated 800,000 people commit suicide. statistics show one out of four women and one in six men will experience depression sometime in their life with symptoms ranging from panic attacks to an inability to function. >> for the past two weeks how often have you felt worthless? >> using a mobile interface they hope to identify factors associated with depression by surveying 100,000 volunteers. >> we'll encourage them to participate with us for perhaps up to 10 years to really try to understand what the course of their depression is, to understand why it's being caused and what we can do to treat it better. >> departments from across the un

john blacklidge, senior internet an list at cowen >> coming up, antitrust in focus today.fter the at&t/time warner merger. >>> plus, the a.g. of missouri kicking off an investigation into google. he will join us to discuss that one and more just taking a quick look at stocks at this hour. another broadbased rally, nearly all sectors in the s&p 500 are green except telecom we'll be rig bk.htac ♪ approaching medicare eligibility? you may think you can put off checking out your medicare options until you're sixty-five, but now is a good time to get the ball rolling. keep in mind, medicare only covers about eighty percent of part b medical costs. the rest is up to you. that's where aarp medicare supplement insurance plans insured by unitedhealthcare insurance company come in. like all standardized medicare supplement insurance plans, they could help pay some of what medicare doesn't, saving you in out-of-pocket medical costs. you've learned that taking informed steps along the way really makes a difference later. that's what it means to go long™. call now and request this free

just this morning, cowen issuing a report saying they believe the deal is still likely to close with conditions. guys, over to you. >> guess was that before or after the doj -- >> yes >> reporter: that was after that headline, after the headline >> julia, thank you very much. >>> still to come, earnings results from apple we also have starbucks, cbs, aig. when we come back, we'll head to the nasdaq for a preview of ape'eain pls rngscoming up. let's begin. yes or no? do you want the same tools and seamless experience across web and tablet? do you want $4.95 commissions for stocks, $0.50 options contracts? $1.50 futures contracts? what about a dedicated service team of trading specialists? did you say yes? good, then it's time for power e*trade. the platform, price and service that gives you the edge you need. looks like we have a couple seconds left. let's do some card twirling twirling cards e*trade. the original place to invest online. ray's always been different. last year, he said he was going to dig a hole to china. at&t is working with farmers to improve irrigation techniques. r

and long with senior analyst at cowen for a bear/bull debate brian, you're a bull, you have a hold on this stock, $25 price target now what gets us from here to there? >> we did upgrade going into the meeting on monday. it's a simple matter of earnings power. nothing that this company has done the last few years should make you impressed you shave a new ceo who's come p certain certain internally who has to fix the pla place. pray to the normal lady of cash flow look at the power business the one that really blew up. has a third of global installed base if you can accept they're not busted and can get free cash flow to revenue to, say, 9%, a reasonable number, the fair value of this company is worth $25 a share now. >> okay. >> you're not going to hit tomorrow it's buy and be patient. >> gotham, you're saying the stock should be valued around 16 why? >> around 17 is our price target i have three kind of principle argumentment arguments. a breakup would make no economic sense. there's no quick fix for jettisoning parts of the port folio. that's because we consider things like net debt

. >> few reasons to believe this stock bottoms here similar commentary from others, including cowen,l messages underwhelming. now, folks at ge, to be fair, had told me expectations ahead of the meeting had gotten perhaps unrealistic, but with the stock now down 40% this year and each new update really worse than expected, perhaps it's easy to see why, where especially since ceo john flannery is taking a very frank and really aggressive approach. here's the biggest take-away this is the reason the stock did have its worst day since the financial crisis earnings and free cash flow next year are, again, going to be weak. now, i asked flannery yesterday if 2018 is the bottom in terms of those metrics he said it's a reset year that is going to be "extremely hard" but that profit and cash flow will grow from there now, factor in the dividend cut. 50% dividend cut many are asking why buy this stock before there's actually proof that that turnaround is taking hold. very good likelihood we could see the stock continue to sort of move along these bottoms. >> thank you, morgan let's take it to