legendary cr )andrew lloyd webber ) celebras his 70th birthday tonight-- in a special event right here on nbc bay area. webber has won an oscar, a golden globe, three grammys, seven tonys, and he )s eve >>> andrew lloyd webber celebrates his 70th birthday today in the bay area. >> you know he's won an oscar, and many other awards. he's even been knighted. he's written for the most memorable musicals. he sat down to talk about list birthday celebration. >> you can draw a very clear line between hamilton and andrew lee webber's work. >> you see that we're two hugely different peas but from the same pod. >> we're hugely different peas. i like that. his first hit was jesus christ superstar which will be in a live performance. tribute to a superstar, stars at 10:00 tonight right after a special edition of "the voice." and don't miss on it easter sunday at 8:00. >> it should be a good one. >> i love it. >> we've got some great weather. more sunshine. we're all enjoying it. warming up, too. san francisco, upper 60s, and some low 70s for the inland areas. we'll continue with more sunshine reaching our warmest day in the forecast early for tomorrow. and then cooling down early next week.

lloyd blankfein will exit goldman sachs may be by the end of the year or before. we are continuing following this developing story, goldman sachs stock up 1.6% now. up.dow up 1.2% and the ss is bloomberg. ♪ >> this is number markets. hearing lloyd hearing lloyd blankfein plans to step down as soon as the end of the year according to the wall street journal. he could be replaced by one of its two copresidents -- let's talk about the development here -- our guests are still with us, stephen, let me start with you. thing goldman one sachs has done wrong of their last couple of years, what would it be?

that --s another firm david: did you practice tax law? lloyd: i did. i was put on interesting cases involving the entertainment industry. i moved for two years to california. i lived in l.a.. david: were you wearing leisure suits? lloyd: no, everyone else in california was wearing line cloths and togas and i was stepping over them with a three-piece office. david: i practice law as well. your career was probably better than mine. i was not a good lawyer, my clients made that clear. why the julie? -- why did you leave? lloyd: i remember my friends were going to finance jobs. the job i took paid less money than the one i was making. i was a fifth-year associate in a law firm. i would be started over at another firm. i applied to a few wall street -- i did not know much about them. goldman sachs was one of them. i got turned down by all of them. probably for good reason, i do not know much about it. there was no reason to grab onto me. -- i joined aon separate company. i got integrated. david: did you meet or ever met the person who turned you down at gol

lloyd freedendoll. patton was asked to put fight back in the american g.i.'s. >> it was bad, it was real bad.eral people. >> oliver: a survivor of the kasserine pass, iowa native remembers one of patton's orders sounded strange. >> for the british were wearing shorts and knee socks and hob nailed shoes, we had to wear helmets and neck ties. >> in combat? >> combat. >> he wanted his soldiers to look like soldiers, dress like soldiers and act like soldiers. >> to patton appearance was everything, he wrote: >> and that might seem extreme, but the morale and the spirit of the army was so crushed that he said, you know, i'm going to go to the other extreme. >> operating in north africa sparked my grandfather's spiritual predilections, particularly his very strongly held believe in reincarnation. >> he believed he'd been an ordinary soldier in other battles. that he had been a viking warrior, in napoleon's army. >> oliver: how would you describe george patton's faith? >> i think he was devout, a great faith in the power of prayer. >> he read the bible every day and would say to his troops, read the

but no matter if this lloyd blank fine, harvey schwartz, daifrd s david solomon, are estimates are still above. still above for 2019 we think goldman sachs is now poised for outperformance so the irony here is if this were to be true that the ceo change at goldman might be from a position, excuse me, of relative strength if our estimates pan out. >> is there a message in this stock move today, which look, we're in a, sharply up take. dow is up 325. we'll call it. should we be spris esurprised tc is acting the way it is today or not? z . >> joun, the discussions we've had with investors about lloyd blank fine, part of it depends who would take over the role if lloyd blankfein were to leave, is it one of the, is it harvey, or gary cohn, i think people are more comfortable wit those choices haves someo versu else i wouldn't read too much into the move today, except investors recognize it is a deep bench, that they are poised for better performance, not the great performance that steve weiss and others an your show have just talked about this is not goldman sachs of last decade. it's almost

. >> if you take it from 2016, they would be underperforming the s&p and other things. lloydfein adopt the business model to fit the new type of environment. now ironically, you know, if you believe that he's going now, and he's flirted with leaving since 2011. i've been reporting about this for a long time, and again in december 2017, may announce this year. if you look at it now, the markets are basically starting to correspond with the type of trading and business model that goldman sachs does well. volatility is picking up. that's usually good for goldman sachs. if you believe we're heading into a high-volatility environment, that's good for the business model that lloyd blankfein put together. who knows where this is going? i want to hear from the company. flirting with leaving since 2011. we've been reporting for a while now that this may be the year he finally announces. >> this is a dow component. the dow gaining 416 points. it's obviously a trade laden index. looking strong on this moment. the gain of 420. this is session highs, folks. >> volatility has been picking

the dow rose 440 points and the s&p picked up 47 and the nasdaq 142. lloydin may step dow. he down played the report in a tweet. and toys "r" us may liquidate the u.s. operations. the company accounted for 15% to 20% of the toy sales last year. that is it for cnbc. first in business worldwide. get an extra day by the pool get to spend more time together get more moments to remember there are some things you can only get when you book with us. get more from your spring break getaway with exclusive hilton offers. book yours, only at hilton.com >>> welcome back. could we be on the verge of the president losing another cabinet secretary. "the washington post" is reporting there is a mutiny at department of veterans' affairs. nbc news confirms that v.a. secretary shulkin is at odds with the staff and revoked staffers access to his executive suite to keep them reporting back to the white house about v.a. meetings and apparently positioned an armed guard outside of his office. this is all just the latest in a series of negative headlines about the v.a. and includin

jamie and lloyd blankfein are ready to crown the air to their s to their the heir thrones.has emerged as blankfein's air apparent -- heir apparent. bloomberg'sow is finance reporter, and the author of the businessweek cover story this week -- wall street's succession moment marks and of lloyd and jamie show. it is a great story. tell us a little bit about this end of an era. what are we celebrating here? these are the two winners from the financial crisis. when these guys navigated goldman sachs and jpmorgan successfully out of the crisis, ending up stronger than they thated it, we thought these were the two of the preeminent bank ceos. that at -- that is why they survived so long. jamie said i can do another five years before riding off into the sunset, and with lloyd, inouncing an heir apparent david solomon starts the clock taking. -- clock ticking. many think within a year or two at the most, he will step away. vonnie: talk about the parallels in the lives of these men, because they are strikingly similar. soh: but they seem different. jamie has that central casting ceo

blankfeink to lloyd was expected to leave goldman sachs by the end of the year, according to the wall street journal. of june of 2006 after hank paulson become the head of u.s. treasury secretary. winkler,shis matt and joining this conversation, we are seeing these copresidents at goldman sachs, tell us about their personalities and the way of doing business. >> the first that comes to mind -- dj -- i think he likes electronic dance music. that aside, he is a banker. -- i want tohwartz say he started and quantities, more of a trader. in my mind, i could imagine them leaving the firm together -- but to be fair to the wall street journal reported, i believe the paper said one of them, not both of them, will succeed him to there is a rich history of two people running the firm, but they are not interested in going back to that. matt: probably the most terrible was john weinberg, and original from the goldman sachs family, and john whitehead. different people but they got along famously and ran the firm together. they made goldman sachs -- they transformed it into one of the strongest, if not the strongest firm on wall street. they set the stage. bob rubin and steve friedman followed and the

lloyd blankfein retires. before becoming chief operating office 15 months ago come a in shares have risen due to the news. president trump has issued an order blocking dot-coms billed seen foradcom' qualcomm. basing it on national security concerns. the president statement says that there is credible statement that a takeover would see 'soadcom undermine qualcomm lead in 5g and for an u.s. interest. and, the white house is denying that president trump is backing away from gun safety proposals under pressure from the nra. to pressure seemed fall short on national calls still raise the gun buying age from 18 to 21. the president saying that there was not much political support for that. global news, 24 hours a day, powered by more than 2700 journalists and analysts, in over 120 countries. i am ramy inocencio year, this is bloomberg. ivanka? -- yvonne? yvonne: the news breaking across bloomberg a few minutes ago. our china correspondent tom mackenzie is a joining us live from beijing. we have been expecting an announcement. how is it going to work? tom: it confirms our reporting that these two regulators would be merged. this is a relatively major structural change in c

s&p futures down by 21 nasdaq down by 43. reaction coming in from wall street including goldman sachs ceo lloyd blankfein who tweeted gary cohnerves credit for serving his country in a first class way. i'm sure i'm joined by others who are disappointed to see him leave. >>> she says she hopes the eu will be excluded from president trump's tariffs but warns that the eu will respond in a proportionate way. in the meantime, we're also hearing from the world trade organization a spokesman there says many wto members are expressing both commercial and systemic concerns about the u.s. trade plan and fear tit-for-tat trade actions >>> discovery just closed on its $14.6 billion acquisition of scripps networks joining us now to discuss this milestone and the future of media, david zaslov which is discovery inc. >> which is discovery communications. >> did you pay someone in marketing? >> that's how creative i am. >> disney, comcast, discovery, viacom >> we go way back. you were at the mothership, nbc from the very beginning. >> from the very beginning with you guys. >> for 18 years. i met you at a poker game, which was scary. >> we we