this is the "cbs weekend news." >> morgan: good evening. i'm demarco morgan. we have breaking news tonight. president george h.w. bush has been hospitalized in maine. a spokesperson for the 41st president said he has been admitted to southern maine health care near his summer home in kennebunkport, after experiencingod pressure and fatigue.lo b ljust yesterday, mr. bush met with veterans at a pancake breakfast at a american legion post. the 93-year-old has been battling health problems in recent years. bush was hospitalized for 13 days in april, after his wife, former first lady barbara bush, died. he was anxious to get to maine and travel as soon as he received the medical clearance to do so. his spokesman says bush is awake and alert and not in any discomfort, as he will likely remain there for a few days for observation. residents of the southeast are bracing for the first named storm of the season. currently, alberto is a sub- tropical storm, but is getting stronger as it travels up the gulf of mexico. the storm is expected to make landfall early tomorrow.

morgan and 1.6 today j.p. morgan is still at the 200 days moving average.ng to have the wants. i would we watch j.p. morgan >> i think there are a lot of good things happening and a lot of individual companies. so the whole goldman discussion, we know they're d disseray. it is down 10% and the only that's worse is citigroup. goldman on the other hand, you have to believe the restructure announcement is going to work. i don't know if i will believe it but at least they have a program and a plan in place. i would also add that i like sun trust because they think their new cfo totally gets it. if i am right, you will want to own some of the regionals tchlt other one i own a lot as well is credentials. they have done a good job in terms of -- >> the goldman of the late '90s. think about what would the old school goldman and environment like this and s&p went up 30% last year and unemployment nonexistence goldman should be feasting >> they really, really -- it is not set up to that >> they are hurt much more because of low volatility. >> banking and new issues a

vanessa garrison and morgan dixon.k you. >> coming up, can president trump help republican candidates wipe out a possible blue wave in the midterms? plus one man's trash is another man's treasure. seriously. >> it's a sustainable home made out of recycled materials. like old tires, glass bottles, and dirt. >> could recycled junk help puerto rico withstand the upcoming hurricane season? soledad: now to a weekly segment we like to call, "we're paying attention even if you're too busy." if recent primaries are any indication of where democrats stand, then there could be some big wins for progressives and women. this past tuesday in the battleground state of pennsylvania, centrists like john morganelli and rachel reddick lost to more progressive candidates. it was a similar story in nebraska. where kara eastman, a first time candidate and social worker, defeated an establishment candidate and centrist, brad ashford. that prompted the "progressive change campaign committee" to tweet the way for democrats to win in 2018 is t

her quote was that morgan freeman appeared to be freaked out.t in our story. three people attended a birthday party at his production company where women were asked to stand in a circle and introduce themselves to morgan freeman and that he only walked up to the women and stood within inches of their face, looked them up and down, no words exchanged and then went on to the next woman. this happened in front of lori mccreary, co-president of the producers guild of america and founded his production company with him in 1996. >> did she have any reaction? >> no. we have not heard back. >> what was your personal experience? >> so when i was six months pregnant, this was over a year ago now, i went to interview morgan freeman, alan kin and michael cain for "going in skaoeul stpoet. as soon as i walked into the room, alisyn, he started to make sexual comments to me. one of those was caught on tape. i want to set it up, though. it is very short. and i understand that. but we're presenting the entire facts of the case, right? not the case but of a story

are going to be cutting to the monument to john tyler morgan. john tyler morgan was born in 1824 in tennessee. selma ande moved to married a local girl. the alabamaattended secession convention in montgomery, alabama. he voted to secede from the union because he was a strong state right supported. he felt that the federal government was overstepping its bounds and trying to regulate slavery in the state of alabama and other southern states. he voted to secede along with the majority from the union and he rose to the rank of general. he was sworn in as a senator, and probably two of the most important things he was known for was he was known as an expansionist. he was very much in favor of the united states acquiring a wide cuba and philippines and also the second thing, he is known as the father of the panama canal

that is morgan stanley.ply lower, underperforming the financial sector and on pace for the worst day in more than a year. abigail doolittle joining us with details. is this a specific morgan stanley story? abigail: great question. it is a little bit of both. those are on pace for the worst they since the brexit selloff. starting off at the micro, we had the head of morgan stanley wealth management present at a deutsche bank conference, and he talked about the idea that transactional revenue has been down since march. that should not be much of a surprise. all the volatility means retail investors are less likely to trade, and assets could be worth more. somecould make investors surprise. -- surprised. relative to the bigger story, we have banks down sharper on the day. underperforming, more than 5%, the bank index down 3%. david: as morgan stanley tracks down, to other banks as well? really gotnks crushed today, financials in general as well. what is causing that? abigail: it really has to do with the italy

reporting from the morgan stanley summit in beijing.iew with the morgan stanley ceo and chairman tomorrow, 8:00 a.m. sydney time. coming up, asian debt high yield sales and defaults climb. more on that. this is bloomberg. ♪ >> a quick check of the latest business flash headlines. two senior executives have been sidelined as part of a response to the tech ban in the u.s. the trump administration banned zte from using american technology on the grounds of national security. rishaad: happy to remain a minority shareholder. chairman says he does not plan to increase the holding. rose 11% this year. billion.a cap of $21 then'slong as largest shareholder, our investment won't affect operations. it is only 4.9%. we are here to receive dividends. chinese developers are calling for a second day in hong kong. listed in shanghai fell more than 2%. properties bid more than double last year's price. rishaad: let's have a look at china's biggest property developer, country garden. there was a $3.1 billion sale. you are saying the party is over for as

betty yu is in morgan hill tonight with how it all unfolded. betty? >> reporter: liz, morgan hill police say it is extremely unusual for one of their officers to accidentally fire his weapon because all of their officers are highly trained. meanwhile a teen involved in this says it all started because she wanted to get away and return home when she felt like it. a wild police chase ended with a stolen white van knocking out a light pole and a fire hydrant. moments after the crash, police say a veteran morgan hill officer accidentally fired his gun after two female teenage pass got out of the van. >> while the officer was directing one of the girls to the ground, he had his service weapon pointed towards the ground. and the round was discharged from his firearm. >> reporter: when the bullet hit the ground, it broke apart and a fragment hit one of the girls near the eye. 15-year-old freshman zoey berrera was in the van. >> at what point did you get in the van? >> we took it. >> with the driver? >> yeah, we took it. how did you take it? >> we started it

morgan, good morning. >> reporter: carl, that's right.ood morning spacex is number one on the cnbc disrupter list unveiled today. it has made the cut for this list every year. this marks the second time, actually, that it has taken the top spot i sat down exclusively with spacex's coo and president gwynn shotwell for an interview that was, to say the least, wide ranging. take a listen. >> i really want space exploration to be what you see like in the tv shows, fireflies, gallactica, star wars. mars is a stepping stone it's a big stepping stone, by the way. >> what do you think those other people would be friendly or foe? what do you envision >> you always envision what you see on tv or the movies. there will be some friendly and some not friendly. i still think it's important for us to find them. >> reporter: and, guys, i think that's one of the most stunning things about speaking with shotwell for her, it's just a given it's commonplace knowledge that, of course, spacex and humanity at large will travel to mars and beyond but, of course,

also ahead, a cnn egxclusive, several women coming forward to accuse oscar winning actor morgan freeman of inappropriate behavior. and also president trump suggesting those who do not want to stand for the national anthem should leave the country. booking a flight at the last minute doesn't have to be expensive. just go to priceline. it's the best place to book a flight a few days before my trip and still save up to 40%. but prevagen helps your brain with an ingredient just tap and go... originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. the name to remember. >>> we're back. i'm brooke baldwin. the president is saying an fbi spy infiltrated his campaign. the fbi had a confident informant to investigate russian meddling. the first briefing happened this afternoon which initially contained no democrats but that changed due to an outcry. the second briefing is winding down. you've seen a number of people leaving. what's the word on what's happening there? >> reporter: well, it probably is winding down. we just saw the

morgan took the challenge. by the summer of 1943, the allies were approaching a crisis and with that a decision point. there was going to be another ally conference, quadrant in quebec in august and in decisions negative effects by that time were having serious consequences for the allies' position. the united states because of indecision about 76% short of number of troops that they expected to have deployed in europe by that time. and then they had -- that meant that they had neither from england nor from the mediterranean, concentration of allied forced to defeat the axis. one of the key u.s. overlord advocates, major general thomas handy, the most important fit was strategy and stick wit and he went onto say that there was a risk, if they didn't do that, there was a risk of stalemate or, quote, complete victory indefinitely postponed. from london, an exacerbated, one of churchill's closest adviser and advocate for the american position, wrote to counterpart harry hopkins, roosevelt's adviser, if we are not

we have a chart of morgan stanley for you. biggest drop in two years in addition to concerns of everything we mentioned. one said their wealth management unit was in big decline. let's look at other batterings of the banks. 3% and 4% declines. deutsche bank down more than 6%. the concern is that said rate hikes, which had been a pillar for profits built in, is now being eaten away by this concern, and a real question mar k. david: talk to us about oil. where have the levels gone? we were talking about the 10 year, a few weeks ago closer to 3%. westech -- west texas intermediate, the lowest close in three months. take a look at the chart -- or at least the selloff -- you can see we have been running toward $72 a barrel. big drop in the past week. just close in on the one-week chart, you can really see the decline. mrs. is the fifth straight decline for texas intermediate. it had a loto do wh russia and saudi arabia talking about boostingcaps. let's go to the one-week chart if we have it for oil. that has brought oil chances dow

he's a 23 year veteran of the morgan hill police department which will not relieve body camera footage. the chief says there has not been and officer involved shooting in morgan hill in 15 years. >>> we know the name of a worker at the sonoma county winery who died on the job. 34-year-old korea was killed in that accident in arrowhead mountain vineyard. the sonoma county sheriff's office says he was operating a tractor. he was trying to untangle some why that became caught in that tractor. somehow the equipment fell and crushed him. cal osha is investigating. >> they are looking at the tractor and hydraulics and mechanics how it works. the wind business gets one or two deaths a year. it's dangerous work. >> cal osha has six months to issue any possible citations for possible violations of work voice safety regulations. >>> the police have arrested two suspects for the city's first homicide in three years. investigators say the 23-year- old victim was shot to death late sunday morning along the ohlone greenway. his body was found on a bench. police arrested the two suspects on sunday fo

the stage starts and ends in downtown morgan hill. cyclists will cover just under 22 miles. >> coming up next on the "today" show, the white house officials outline the new details of their plan to denuclearize north korea as president trump prepares for his highly anticipated summit with kim jong-un. >> a live look outside from the san jose camera, we're off to a cool start. expecting a nice cool day ahead as well. should be nice. >> yeah. >> and get the clouds out of the area by 10:00 or 11:00 and may linger around the coast. inland areas up to 72 degrees and windy 70 degrees tomorrow. when you look at these temperatures, it doesn't at all seem like we're going to have some beach weather but i think a lot of people are still enjoying it getting outside and even though we don't have a big warm-up here, a couple of degrees warmer by the end of the week. >> nice and mild. >> yeah, can't complain about that at all. >> we're looking at the new crash for highway 17. >> if you're trying to get to the beach there may be an issue. we'll look

morgan freeman. the premier of going in style. of the production assistants on the film said freeman sexually harassed her on the movie set for several months. another woman, cnn reporter said that freeman subjected her to inappropriate behavior in a press junket nor "going in style." >> i'm enjoying immensly. >> this reporter did not find the words offensive but they say that press junket prompted her to talk to other women, that started a long reporting process. morgan freeman denies the allegations in a statement released that said, anyone who knows me or worked with me had, knows i'm not someone that would knowingly often or make anyone he will uneasy. already, there's fall-out. the 80-year-old actor known for his iconic deep baritone was to be the voice of vancouver's transportation system. >> starting today, you can now tap your visa. >> they have decided to pause his announcements. this comes as more allegations of sexual misconduct in the entertainment industry are surfacing as part of the "me too" movement. >> president t

here's the finish line in downtown morgan hill. crews have started taking down the barricades and reopening the area. this was stage four. many riders were helped by technology from a local company. morgan hill's specialized bikes created this wind tunnel to help the racers train. >> especially today, technology plays a huge role and everyone here that's going to be competing in the wind has spent some time in a wind tunnel. >> think of this as the tour de france for the united states. all the foot traffic was a big boost for their bottom reason. it moves on to stockton for stage five. that's an awesome race to watch. >> and a 3.2 earthquake in morgan hill to shake up the race. >> welcome to town. we had rainfall this morning. it's jostling us all around. it's like, okay, let's get back on track, but we see nothing in terms of at least quote-unquote average weather into tomorrow's forecast. i want to go ahead and put everything into perspective, and it's chilly out there, not extremely cold, but as we get a rook look at our average

morgan ortegas. and joining us on the couch today, nationally syndicated radio show host. he is "outnumbered." this is morgan's first time on the couch. >> good to be here, always with my friend dagen. >> she's still willing to sit next to me. >> there you go. all right. we'll make it happen. >> run away. [ laughter ] >> glad to be here. thank you. >> let's move on. north korea responding after president trump abruptly canceled what would have been a historic summit between the leaders of the two nations. the rogue regime saying they are still open to having a face-to-face meeting, quote, at any time. president trump sounding optimistic that a summit could be rescheduled if the north cooperates. >> we'll see what happens. it could even be the 12th. we're talking to them now. they very much want to do it. we'd like to do it. we're going to see what happens. it was a nice statement they put out. we'll see what happens. >> lawmakers reacting to president trump's initial decision to slam the door on the upcoming summit. democratic congressman bashing the move. gop senator lind

he was able to prescribe and so forth and gave these medical books to morgan -- to morgan baldwin and baldwin became interested in something that his master could not teach him, which was surgery. he was fascinated by this. i would say that by the late his master help tempt get to the medical college of ohio in cincinnati which was relatively close to where he lived. 25-month courses and -- he goes back to indiana and apprentices for a couple of years with the new knowledge she has gained and he begins to see advertisements, announcements from the surgeon general's office which are advertised in local newspapers about the union armies need for more surgeons, particularly at the regimental level. he sends out and application, they want to talk to him, he goes to washington for examination because at least in the first half of the war people were very careful to make sure doctors knew what they were talking about in matters of medicine and all of the other areas of medical learning that they wanted for people taking care of soldiers in regiments to have and he learns he has been appoint

with me, morgan brennan and david faber. carl is off today.ncing back from its 151-point loss nasdaq is up over 1%, the best of the averages. unemployment rate below 4%, but the labor participation rate, labor force participation rate still having trouble all in all not too many signs of inflation, which seems to have the market pretty happy. >> some wage growth but not enough to hit expectations coming into the report that seems to be a very big focus. with all the talk on focus and trade, it's been the talk with trump administration in china for those talks, transports have been the biggest underperformer of the week. they've been selling off those are exposed to any kind of trade changes. >> that points to perhaps the expectations that not a lot will come out of these discussions, the chinese kind of signaling that there weren't a lot of preconversations to lay the groundwork for actual action here we'll have to see what, if anything, comes out of it. >> speaking to wilbur ross a couple of days ago before he departed on this trip, the comme

de hollywood se escandaliza con otra denuncia de acoso sexual que involucra al actor afroamericano morganos supuestos excesos dicen que el acoso tambiÉn sucedÍa en su empresa. a una empleada le habrÍa dado un masaje en el hombro. aquÍ le dice a la entrevistadora que estÁ disfrutando de la vida de soltero porque puede verla y babearse. estas acusaciones surgen un dÍa antes de que el ex productor de cine harvey weinstein se entregue a las autoridades de nueva york. las organizaciones que defienden los derechos de las mujeres aseguran que las vÍctimas han perdido el miedo. >> las mujeres se estÁn en poder ando, y cuando alguien denuncia, otra mujer siente que ella tiene el valor para hablar. galo: morgan freeman responde asÍ a las acusaciones: cualquiera que me conozca o que haya trabajado conmigo sabe que no soy una persona que intencionalmente ofenderÍan o hiciera sentir incÓmodo a alguien a propÓsito. y ofreciÓ disculpas si es que alguien se ofendiÓ. enrique: miles de personas pidieron en las calles de nicaragua, la salida del poder de la pareja ortega. ♪ hey, ¿ya probaron cotton candy? m

♪ >>> tonight, morgan freeman under fire. >> oh, hello. >> eight women accuse the actor of inappropriateehavior. and the "e.t." video you have to see. >> just asking. >> then, meghan markle's top secret moment with the queen before the royal wedding, revealed. and from the pound to the palace, her dog's rise to royalty. >>> plus, will smith's music gets personal. as he raps about marriage struggles. wife jada reveals what a-list actress she couldn't help but snub. >>> and the reasons why gwyneth paltrow never married ex ben affleck. >> on the spot. back to you. >>> this is "entertainment tonight." >> why did prince harry reportedly call one of his ex-girlfriends right before he married meghan? we have surprising new details about their big day, coming up. >>> yeah, but we begin with the new allegations against morgan freeman, accused by numerous women of harassment and inappropriate behavior. we have the oscar winner's response today. morgan freeman issued an apology, saying, quote, i apologize to anyone who felt uncomfortable or disrespected. i am not someone who would intentionally mak

morgan hill there you saw the sign that said wine trail. there's the bike trail apartmnd wine trail as well. >>'s one it's one of the best . >> tomorrow it's stockton. stage five. >> there are sprinkles in that area right now. >> tomorrow we're going to be in the clear. it's really going to be nice and sunny for that afternoon leg of the event. but, again, we are still tracking some wet weather. we did have rainfall today in napa, also fairfield. didn't amount to much, .600. you're looking at the satellite picture. and we have seen the activity clearing out. also a little for the south bay and east bay, but we are monitoring some spot ty areas o rainfall through the sierra, light snow mixing in at the highest elevations, we will likely see repeat performances of afternoon showers, isolated thunderstorms and snow at the highest peaks, possibly every single afternoon into at least next monday. if you have plans to head up that way, do be prepared for wet weather on 80 and 50 as well. across the bay area, the main thing that's brought us coole

jon, and morgan. thank you very much. sullivan, in for scott wapner today we start with breaking news on that oil. reacting to a series of headlines on whether the president will exit the iran nuclear deal we are expecting that announcement live at 2:00 p.m. eastern time obviously, we'll carry that on cnbc, but right now, michelle caruso-cabrera at the breaking news desk with the very latest on what we know. >> the very latest, brian, is "the new york times" has posted a story where they quote someone familiar with the conversation that president trump had with the french president emanuel macron earlier today it was scheduled for 10:00 a.m they're saying as a result

morgan: right. whitespace is wi-fi, essentially. but how can wi-fi go a lot farther than it does on the 2.4 gigahertz? chairman wicker: back to the statistics you gave about mississippi, there have been similar statistics about all the other states. that in a form you could enter into the record? morgan: absolutely. chairman wicker: that will be entered into the record without objection. you know we are having a debate, mr. reed, with the fcc about the reliability of their maps on this very topic. are you telling me your group has done a study that is different and uses different information? organ: we have done a combination of studies, but at the root of all this is the fc'' s data. have moreove to accurate data. we had meetings with all the commissioners on the forms of the parties to talk about getting data to make a better analysis of the question you are raising. if you dig deep enough in one source of data, it all goes back to the fcc. how do we getr: better data? do you have suggestions for us? dr. oh? oh: we use fcc data as

however, you did mention morgan state. and i thought i'd make that comment. >> to praise the place. >> having said that, time doesn't permit, but having said that, i will ask -- say that if during that time of 1785 to 1835, that period in which slavery was characterized or defined as being a slave as being chattel. and even today we use that term, chattel, coming from cattle, in which auto dealers now purchase their automobiles from manufacturers. and they have a shottel mortgage. >> technically, a chattel is simply a movable piece of property. >> okay. >> the microphone you're in front of is chattel. the camera is chattel. your car is chattel. chattel -- it's the difference between real estate, which is not movable and chattel. okay? >> all right. well, the point that i'm making is that if a slave was chattel during that period, how can one make the distinction between a nonslave and a slave who is under a chattel? what i'm asking is, why are -- why would there be a distinction legally, since you're a legal and historian

even though this is morgan hill the road itself is city of san jose. it is rural and at night quiet and dark, as you can see in the video, it makes it easy to illegally dump household items and mattresses and furniture and piles of trash. >> gets to the point where it's outrageous where you go every 100 feet and there's a new pile of trash. >> tom has lived off the road for the last ten years and fed up and says the dumping over the past month is the worse ut he's ever seen it and wants the city to put an end to it. we did see a large city crew cleaning up piles of debris last week but tom says the trash will be back. he wants a city to consider something more permanent suches increased police patrols and surveillance cameras and or street lights. >> it's really sad to see. i grew up here in morgan hill and always been a nice little community and very clean. and never in my whole lifetime have i seen dumping like this. it's just crazy and getting worse every month, every year, it's getting worse. >> has the city done enough? i think the city can always

economy and a snoop dogg's said last week we'll put the crypt back in crypto with technology writer morgan tech all that debt ahead but first we hit the headlines. the merger of mania continues yesterday was a particularly busy and big day for mergers as more than one hundred twenty billion dollars worth of deals were announced according to the market tracking firm deal logic we were ported on a couple of those wal-mart's bid to spin off u.k. grocery store locations and refocus on the fight with amazon for the indian market and the third try on a sprint t. mobile merger but there were many others and the numbers speak for themselves there have not been as many burgers since two thousand and seven and they won't be stopping any time soon. among the big deals moving markets on monday was the agreement by marathon petroleum to buy oil refinery endeavor for twenty three point three billion dollars the prices notably payable in cash were shares under a formula values and devore stock roughly twenty percent twenty five percent over its closing price on friday according to a calculation by bloomb

next to the mazza liam, we will come to the monuments of john tyler morgan. he was born in 1824 in tennessee. in 1855, he moved to selma and married a local selma girl. he voted to secede from the union. he was a strong states rights supporter. he felt the federal government was overstepping its bounds by regulating slavery in alabama and other states. he voted to secede. in 1866 -- two of the most important things he was known for was an expansionist. he was in favor of the united states acquiring hawaii, cuba, and the philippines. he felt the u.s. should be involved in a canal system. the french started the panama canal. they give up on it. he was instrumental in working with theodore roosevelt and was finished. during reconstruction, john tyler morgan was focused on trying to rebuild the state of alabama. he was not in support of rights for african-americans. he was in favor of maintaining jim crow laws in the south in order to keep society stable. he served six terms in the united states senate and died in some in 1807. we are standing at the grave of bud

>> caller: my stock is kinder morgan up because of the increase in dividends and a lowering of theirebt ratio with oil prices rising and with the protests going on against the transmountain pipeline, do you think kinder morgan is improving? do you see this as a buying opportunity. >> i actually think at this point kinder morgan, 1.50 off of its low with almost 5% yield i think it's okay to buy but understand this group is awful. that is the first -- that's change of view for me. the group is awful but i recognize that there is some value here. let's go to larry in texas larry? >> caller: big booyah to you, mr. cramer. >> same. what's up? >> caller: calling about the stock acadia pharmaceuticals in december it topped out at 41.21 there a share. it has fallen ever since looks like it finally bottomed at $14.51 but the crazy thing now, it's trading around 19. all the analysts have prize target from 49 to $60. am i missing out on something or what's your opinion? >> you are it was that the fda reexamining the safety of its drug because of a cnn report which myself i have to admit i was c

morgan stanley following 6%.hey are calling it the italian bond quake, wreaking havoc on the fact we have seen treasury year plunging. su: let's go back into the bloomberg on this italian bond point. it is almost unprecedented the move we have seen in the italian two-year surging. if you look at it graphically, it is pretty dramatic. the ripple effect throughout europe, as well as here, has been dramatic as well. we really saw the selloff in the u.s. pick up as the european markets closed. let's go into morgan stanley because you also have a layer on effect. morgan stanley not only falling with the rest of the banks, its charted today performance, it really had a dramatic drop. you also have the wealth management unit, seeing some slowdowns there. biggest drop in two years for morgan stanley. let's go to some of the other majors. citigroup, jpmorgan, chase. the size of the drop is significant here. these are in the middle of the interest rate play and it is a very dramatic day for all of those in the bullseye, as

and financials really dragging the dow down, morgan stanley and j.p. morgan leading bank stocks tumbling. responsible for a third of the decline. all 69 of s&p financials down today. nicole is live at floor of the new york stock exchange. reporter: noted it, we saw selling across board, dow jones average, lowest level down 505. it kicked off with political concerns in italy, concerns about antiestablishment elect there. and whether or not that government would move in and pull them right out of the euro. we saw currency move. the nasdaq to the down side, and s&p down 1.1%, russell has not been affected. a small move down. and the best performer of the four year-to-date. looking at laggards, j.p. morgan, you mentioned financials that accounted for about a third of the dow jones average loss, and j.p. morgan down 4.2%, selling of broad-based, the financials got hit hard. and the 10 year bond yele that finish -- yield that finished 2.78%. we saw 10 year bond yield below 50 day moving average. looking at them one more time, morgan stanley a big laggard the

morgan stanley says italy's woes are mispriced.ent bond yields ratcheting higher, volatility around markets in terms of stocks in europe, bonds in enoughare not pricing aggressive market moves. let's look at the risk radar. futures are set for a lower open. , that is a haven assets of choice. or is it swiss? do you want to have yen or swiss in your back pocket? two year government bond yields are rising, the government has gone long of a year. does that have more to do with the fed, or more to do with the risk off sentiment in the market? nymex crude is down, a little run of bad luck on the oil market. you are seeing a drop on nymex. moving average is $66 and change. that is a critical level. let's talk about the bond markets where the action is. two year government bond yields in italy are important. that is what we had been looking for. to year yield up 119 basis points. this dropping by 18 pips morning. the two-year yield a rallied 119 points. are we done there? optionality onuy the bond market. you have seen the biggest spike i

(grant) in just four hours, 132 tickets were handed out during a traffic crackdown in morgan hill.i) and as stanley roberts explains, some of the tickets were easily avoidable. .. in a perfect world all drivers would yield to pedestrians in marked and unmarked crosswalk. and we would all be happy in front of all these police officers it seemed kind of weird (alright thank you) it seemed kinda like that was meant to happen and the police officers don't tell anything to this man who runs out in the middle of the street in front of 10 moving cars that are going 40 miles an hour that really dangerous (yea you're right is dangerous) and non of the fricken police officers say anything that's really messed up making me slam on my breaks in the middle of the morning. but as you can see we don't live in a perfect world . that being said , drivers were tested in morgan hill so what happens is the cones are set up because this is 35 miles per hour zone so that the distance it should take .it was pass of fail .. if you followed state law and yielded to the person in the crosswalk you were allo

morgan brennan is covering this, and, morgan, they are sending up satellites or trying to?they are. a total of seven satellites today, so this is going to be taking place in just about three, three and a half minutes from the air force base, three hours northwest of where i stand right now in hawthorn, california this is the spacex rocket fact try behind me. this is where launches are overseen this is the tenth launch of the year for spacex. in context for you, at this time last year, the company completed six launches this is the 12th time a rocket previously flown to space is being reused another fact for you on that, the booster reused today was previously flown during those missions back in january you may recall that was the highly classified government mission in which a multibillion dollar satellite that was made by northrop was lost in the process. the air force cleared spacex of the incident saying the blame belongs with northrop, but that first stage booster is reused today. in terms of seven satellites, there's five being sent into orbit for aridium communication

for more, bern mckinney is here and morgan kelly welcome, guys. david, first to you. we are taking this in stride this morning, and interestingly, interest rates looked like a flight to safety there, and you expect that to be a temporary thing? >> yes, i do when you think of it, it's not that bad an outcome here, no, i don't think kim was ever going to give up the nukes i think that this meeting was always full of danger, and if you're not going to go through with the wedding, don't show up to the altar embarrassment all around and more dangerous i think counting the talks, postponing the talks, we'll see. it's not negative. interesting they rally off anything and stock market gets nerves back, but overall, the picture is still pretty positive one in the u.s i think this is a small bump in the road here. >> do political concerns worry you as a market investor in their own right on only when they impact trade talks they have an effect on the market - >> this is something - >> go ahead, burns >> this is something we'll be facing for quite some time now you know, what we

>> a lot of it is, morgan. what we're seeing from mi o microsoft and what we'll continue to see as this conference plays out is not charging a lot for software upfront. it's based on subscription and seating an eecosystem. i mean planting and waiting overtime microsoft has come out with something called azure sphere. part of the idea is they'll put chip designs out and put them out basically for free people who build the chips will have to pay a little extra to build the technology that will allow for security that calls back to azure cloud so, this chip will be able to call to azure cloud. then you have to pay for microsoft's cloud service. to get the design, the capability built in, you didn't have to pay. they're seeding out there, something for free they're confident they'll eventually get paid back on the other end. >> this is key when you look at the potential government contracts coming down the pipe, the jedi competition everybody seems to be focused on or other opportunities. >> it could, indeed, be. c

>> reporter: well, this afternoon, morgan freeman did put out statement. and he said that he apologized to anyone that he made feel uncomfortable and says it wasn't his intent. as for weinstein, his attorney did not respond, but we know, jeff, repeatedly he has said that he denies ever having non- consensual sex with any of the women who have accused him of sexual misconduct. >> glor: jericka duncan, thank you. >> glor: there are spectacular images of a new danger on hawaii's big island. blue flames fueled bee methane gas that could potentially explode. mark strassmann is there. >> reporter: nature's fury is on full displairk as fountains of lava continue to gush in communities hardest hit by this volcanic disaster. it's like a scene from the dawn of time, when the world was remade over and over. this close, i can feel the heat and the power a volcanic eruption that shows no sign of slowing down. these rare images of blue flames show a new danger. they're a telltale sign of highly combustible methane gas, the result of lava burning plants and trees beneath

salutation well well well hawk watchers it appears that right when we thought that the conveyor morgan's trans mountain canadian pipeline was finally put to rest dead in the barrel one might say in swoops canada's very own disney print some self prime minister just i'm sure doe to say big oil is dying pipeline yes after british columbia politicians environmentalist indigenous groups fought tooth and nail through protest and political action and legal action to slow the development of the pipeline down to the point where even kinda morgan c.e.o. steve kane conceded back in early april that quote it is difficult to conceive of any scenario in which we would proceed with the project well prime minister trudeau slid in with a shocking r k o out of nowhere on the opponents of the pipeline announcing that the canadian government well now by the pipeline outright just to complete the controversial project it is being reported that government is looking to spend four point five billion canadian dollars or three point four billion u.s. dollars to purchase kimber morgan's pipeline naturally this m

dollars to purchase kimber morgan's pipeline naturally this move. has left opponents of the pipeline shocked and dismayed and outright angry clayton thomas muller a campaigner with three fifty dot org stated despite tens of thousands of people opposing it he just used taxpayer money to bail out a project the communities don't want that would break his own climate commitments and then indigenous peoples are fighting from the front lines to the courtrooms as not alone so p. harrison the climate activist in canada tweeted this one this moment will go down in canadian history as a desperate last gasp of an industry that cooked our planet and for the immense moral cowardice of justin trudeau government in the face of the climate crisis whom so just how is tiger beat trudeau going to charm is way out of this one let's find out as we start watching the hawks. you know what you get the. real thing it would be. as if you were the butt of so if you. like you know that i got. three. weeks. rather watching the hawks i rolled down capital while it and joining us

morgan found that at the current rate of stock buybacks all else equal i.e. assuming no new stock issuance the s. and p. well l.b.o. itself in about seventy seven years while in other words they are doing some basic analysis to figure out at what point these stocks are completely gone from the public domain but i think that the timetable needs to be accelerated to maybe five or ten years and i'll tell tell you what because we are now experiencing the end of a thirty year bull market in bonds which means you are entering a period of rising interest rates and so the urgency to get deals done before that any cost is applied toward financing whatsoever needs to happen quickly so i predict in the next twenty four months you're going to see the biggest wave of mergers and acquisitions ever in history by a factor of ten as just thirty or forty percent of everything that's traded out there gets gobbled up and taken private so now we're going to turn to the start so you know that out for everybody in the audience it's just been like not even listen to what we've been

morgan because this data on leveraged buyouts is about them so if we can get to that other chart i'll get to that i found out you know and set up a chart that's coming there's a dark coming that's going to blow your mind but when you first said when he said that finance you blamed bad actors on financialization i was thinking you were going to start talking about like sylvester stallone or people like that is that's where i thought you were going with that but i was a bit confused so here's j.p. morgan study that actual they put a time frame on when american stock market will be totally private there will be no public stock exchange in seventy seven years they said an analysis by j.p. morgan found that at the current rate of stock buybacks all else equal i east seeming no new stock issuance the s. and p. well l.b.o. itself in about seventy seven years while in other words they are doing some basic analysis to figure out at what point these stocks are completely gone from the public domain but i think that the timetable needs to be accelerated to maybe five or ten years and i'll tell t

the canadian government has taken over the trans mountain pipeline, the can or morgan pipeline.e will speak with indigenous activist about what this means. stay with us. ♪ [music break] amy: this is democracy now!, democracynow.org, the war and peace report. i'm amy goodman with nermeen shaikh. nermeen: we now turn to canada, where prime minister justin trudeau has announced that the canadian government will purcrchase t highly cocontested kinder morgan pipeline, vowing to commit taxpayer money to the project despite widespread indigenous-led protests and a slew of lawsuits. if built, the pipeline will triple the amount of oil flowing from alberta's tar sands to the coast of british columbia. oil giant kinderer morgan had sd that if legal challenges were not resolved by may 31, it would abandon plans to build the proposed pipeline expansion. the canadian government stepped in and purchased the pipeline for 4.5 billion canadian dollars -- $3.5 billion american -- just days before this deadline. the decision has sparked widespread condemnation from first nations and environmental

economic progress made by greece plus we'll put the crip back into crypto with technology writer morganpeck and as we go to break here of the numbers that the closing bell oil bitcoin and gold all down today to be right back to. palm oil is one of the most controversial products of the time it's a salted vegetable found that's very cheap. twenty seventeen production grew to sixty three million tons that rapid growth an international demand for cheap oil has led to the massive expansion of plantations which is the destruction of the rain forest. given duties you alone more than ten million hiked as of unique rain forest has been destroyed and it's a process that just keeps going. the new global economic war is unfolding in the realm of education the right to education being supplanted by the right to access education low it's high education is becoming just another product that can be bought and sold so there's not just about education anymore it's also about running a business and what you could also. look good is also the kind of fellow economies. want is the place of students in this

morgan because this date on leveraged buyouts is about them so if we can get to that other chart i'll get to that i found out you know and set up a chart that's coming there's a dark coming that's going to blow your mind but when you first said when he said that finance you blamed bad actors on financialization i was thinking you were going to start talking about like sylvester stallone or people like that is that's where i thought you were going with that but i was a bit confused so here's j.p. morgan study that actual they put a time frame on when american stock market will be totally private there will be no public stock exchange in seventy seven years they said an analysis by j.p. morgan found that at the current rate of stock buybacks all else equal i east seeming no new stock issuance the s. and p. well l.b.o. itself in about seventy seven years while in other words they are doing some basic analysis to figure out at what point these stocks are completely gone from the public domain but i think that the timetable needs to be accelerated to maybe five or ten years and i'll tell t

it was quite extraordinary what you did, yourformer leader of the movement for democratic change, morgangirai, died on the breed of iath after a long struggle with cancer. one day later you decided to seize the interim leadership of the party much to the consternation of other party members. nature has a vacuum, after the death of the icon, the great revolutionaries of the african continent, the first in zimbabwe, we had to make sure within the confines of the party constitution we kick in to provide leadership because... there is such a thing as decency, respectful nurse for a a thing as decency, respectful nurse fora man a thing as decency, respectful nurse for a man who's just passed and for his family and for eight feeling the party as a whole needed a pause, and yet you wouldn't pause. there was a pause and yet what we did was within the constitution. to do it way after, in fact it was two weeks after, in fact it was two weeks after the demise of our president that we had to have the internal processes that then gave way to a democratic outcome in terms of who should then be leading

joining us now is apple analyst at morgan stanley, katie huberty.morning. >> thank you for having me. >> great to have you you tackle what is the most important issue for apple investors to figure out right now, which is a service business and to what extent it can be a growth driver apart from the iphone itself. longer replacement cycles for the iphone, different average selling price profile. what convinces you that the services business is more than kind of like a lagging indicator of how the iphone business is doing? that 18, 24 months out of iphones flattening, the services business won't slow down too >> sure. so the opportunity with this stock right now is that it's tra trading at a hardware multiple that was fair when they were driving most of the growth by our forecast services will drive the majority of the growth going forward. that provides a higher, more durable, more profitable growth profile and deserves a higher multiple fewer than half of apple's users pay for services today as the company reduces friction around payments, around su