bob? bob: i think you are looking at tired, old, antiquated metrics of default, risk premium, yields, credit spreads. jonathan: are they antiquated? bobthere is a new world of if you're not going to lose money and you have abundant liquidity, then yield points and credit spreads are just math. and it is going to come in and flood the market. now do i want to sit there and be dogmatic and academic and fight it? and give away all that return? or do i want to invest with it until something changes? and the thing that has to change is the probability of losing money and as matt said, the central banks are underwriting this. that 75 basis point in cuts led to a huge mortgage refi. and consumers are spending that money. so you have a very stable environment. jonathan: let's take a single name. let's take tesla. the 2025 note. it has come up on the program so many times. that yield when it was first issued, everybody knows the story. record low yield for that maturity, for that credit rating. the yield on that now is 480. 4.8%. on a ccc credit in the united states right now. that has upgrade potential, i understand. it has a big equity cushi

bob chapek both men are sitting down right now with julia boorstin in los angeles in a first on cnbc interview. julia, take it away. >> thanks so much. i am joined now by bob iger, as of today executive chairman of disney, overseeing all creative endeavors today and also bobnow the new ceo of the walt disney company thank you both so much for joining us today. >> pleasure. >> first, to bob iger, you back in 2017 when you announced the fox acquisition extended your contract as ceo through the end of 2021. why make this change now more than a year and a half before your contract is up? >> the company has a great collection of assets, businesses, brands, franchises, particularly with the acquisition of 21st century fox and the purchase of the larger share of hulu. we also have recently deployed a very new and extremely important strategy, the direct-to-consumer strategy that led to the espn plus product being launched and, of course, disney plus which launched in november as we looked at the businesses, we have a great set of assets, a great strategy what's next and what was next in terms of my own priorities is making sure that the creative pipeline in the company was really rich, that all of our creative engines were working extremely well i wanted to spen

patrons close their eyes they remember how their grandma used to cook and also reports and go to bob bob. crackers cuisine isn't only a. starred chefs and fine dining it's also these braided rings known as o'barr junkie they can be found on almost every corner. the over junkie museum gives visitors everything they'd want to know about their history and an opportunity to roll out the dough twisted and bake it themselves. it takes a skilled baker only about 5 seconds the hardest part is definitely the break. but then you can learn just about anything but that's if you come to one of our workshops. over a century ago jewish immigrants took the soft bread rings to new york city where in a slightly altered form it began an international career as the bagel bakers have been turning them out for 600 years. now have the e.u. designated status of a food with protected geographical indication. given to we have almost no blacks to make absolutely certain that nobody steals our junky you can move on them for governor i come across. also typical are filled polish dumplings cuisine is a hit with the t

me bob bob was ing. son who lives modernizes. yale home how they live my bedroom says they have roots again they know what i saw at the e.u. i. don't. know where i bought all. of his little brother because he keeps quiet and stands out of the way of a whole world there's a type of alcohol has business south africa in just a moment. things are forced into a nameless mass. their bodies here to loose with. the history of the slave trade is africa's history. just. for our interest.

bob. bob richards. 0k. and we still see bob from time to time. , and still an avid collector to this day and a hell of a nice guy as well. 0k. and richard knows exactly where i will find bob and his mates. here, northern soul has never gone away — a0 years on, the original crowd are still keeping the faith in wigan. ok, so there is a bit less hair and the moustaches have gone but i think we may have found three of the people francesco photographed that night. so, you are all obviously still in love with the music? of course. absolutely. it kind of never goes away really once it is in your blood stream as a kid? i think it is a bit like picking your football team. once you've got this, you just can't get rid of it, you know, you are stuck with it, not that it is a bad thing. no it's not. love it. i think another thing i remember from the last one was it went on until nine o'clock, it was normally eight o'clock, but they kept playing the same three records over and over again. about ten o'clock in the morning, even i got bored with it. well, one of

bob johnson, bob hobart, bob bobson, bobby bobberbob, barbara bobs, bobby bob thornton bobwitdabob dabobby bobby bobby bobby shake da bobby, said up jump the bobby. and bobby yoda [ cheers and applause >> steve: hey. bobby yoda >> jimmy: this is going viral. a fashion designer in england created inflatable latex trousers check this out [ laughter ] >> jimmy: it's great if you want people walking up to you all day and asking, "so what happened to your testicles?" [ laughter ] >> steve: wow. he was walking on the balls of his feet [ laughter ] hey, oh. >> jimmy: this is crazy. today is the five-year anniversary of the infamous white and gold or blue and black dress debate take a look. yeah remember the good old days when this was the only thing dividing america [ light laughter ] and finally, a poodle in pennsylvania somehow made its way home to its family just one day after being carried away by a hawk [ audience oohs yep, it walked in the house, poured itself a drink and said, "you would not believe the day i had. [ laughter ] we have a great show give it up for the roots, everybody! [ c

bob woodward bob woodward is part of the supporting team that uncovered what, watergate. uncovered what watergate. for many of you who were around at that time you remember what it smelt like. and what it tasted like and what it felt like. president nixon tried to do what, credit the report. in 2018 what is happening again there is a threat and there is a reason for that. >> there is a reason for that. we are still trying to find out but there is a reason for that. i want to start off with chapter one of my book. the chapters called the rebuke. i think about how when donald trump decided to run people thought it was a joke. c-span is filming. be careful behave. and then even his own party the republican party the republican party said a second happen. i will never forget a cold night in washington dc. and listen to this. i want you guys to read it. i did not read it --dash but mean it the way it came out. i will never forget a cold night in washington dc. i was invited to the republican national committee building. reince priebus was the have of the rnc. and there shauna

advise bob when he needs it, and bring bob into some of the business' he has not been familiar with. that gives me the opportunity to spend the time really working on our creative side. emily: bobk, day one for you is today. this is effective immediately. bob talked you had to hit sequels -- bob talked about the streaming strategy, you had to hit sequels to toy story and frozen. you have opened the star wars portion of that the park, where do you intend to double down? mr. chapek: i intend to double, the same strategies bob has established 15 years ago that served us so well. at the core of everything, the center of our brand is creative storytelling. if the creative storytelling is right, then everything else is right, no matter where you put it. whether you put it in theatrical channel, disney + or the theme parks. the thing i have taken away from bob iger's legacy is getting the content right. everything else will follow suit. bely: bob, you said you will focused on creative endeavors. can you give us an idea of what things you will be focused on? television, star wars. mr. iger: creativity abounds the -- at the company, whether it is a television channel or our various movi

chicago native, red was also known for playing a real life world war ii pilot and the dra drama, bob bobheep. another memorable role was batteries. he challenged to knocked the battery off his shoulders and come on, i dare you. his family saying he died today of heart failure in malibu, california. he was 84 years old. investigators releasing new details on the blast months after crash in socal. it killed kobe bryant and his daughter along with seven other people. the report released friday shows the private nearly found his way out of cloudy conditions. coming within about 100 feet of clear skies. officials also say the wreckage shows no sign of engine failure. a public memorial for the victims scheduled february 24 at the staples center in los angeles. a second chance for the x fl, the league got started and ended in 2001 is back bringing spring football to the united states. eighteen camping trip games will take place in late april. as for today, the d.c. defenders getting our first win of this incarnation of the x fl leading the seattle dragons 31 -- 19. the second game of the season

enough home comp that i can in no inventors how that officer can bob bob bishop and all the week he is gone one mommas the commune men there are a 100 almost 20000 in feet and i kind of 2 we will see it. wobble so you can be my form is a field of form while the little sick lobby one will see the good and. the other. good. both of them so clean and it caught up clay in home and been had it in for cash if you can will see it deep in the storable cicotte and hug it out tammy or are you giving me sure. nuff someone most of them for ya can see the funeral homes of them got this. morning on the morning on your side lookin a few high command before me hard money be shecky at the nasa budget done more for that of the seat of power a lot of the. i believe that the arts especially music and poetry and song. you are the heartbeat of the arab world of arab culture and if you don't understand that i mean you're not getting the whole picture and the world needs to hear that as far as seimone goes he is the consummate teacher and performer and composer to be able to share those skills you need the ri

bob chapek becomes ceo immediately. bob iger will remain chair and continue to direct creative endeavors. another bloody day in the markets on the back of more bad news on the coronavirus. watching the edge of another cliff. no surprises for how we are set up for this wednesday trading day. new zealand already off by almost 2% futures. here in sydney, poised for another drop. asx off this week. a couple of things to watch out for when we do get going, virgin australia announced a first-half loss of $97 million. we are also expecting rio tinto earnings after the close. nikkei futures off about 1/5 of 1%. a quick look at the currencies.

about the dysfunction, there is some kind of commonality that is true and bob woodward, how you gonna call bob woodward an idiot, bob woodward was part of that reporting team that uncovered what? watergate. uncovered what? watergate. and for many of you who were around at that time, you remember what it smelled like what it tasted like and what it felt like, president nixon tried to do what? discredit the reporters and look at what happened. and then in 2018 what is happening again? there's a threat and there's a reason for that, there's a reason for that, were still trying to find out, but there is a reason for that. so, i'll start off with chapter one of my book. the chapter is called the rebuke and from i think about how, when donald trump decided to run, people thought it was a joke. stop it c-span is filled, be careful, behave. and then, even his own party the republican party, the republican party says was not going to happen i will never forget a cold night in washington, d.c. and listen to this this is in chapter one, going to paraphrase it because i want you to read it. [laughter] i didn't mean it the way i

bob iger started out as a runner on abc and worked his way up to the top job at disney. he stands down after 15 years and will be replaced by another bob — bob entertainment giant‘s history during his time in charge, he oversaw huge changes to disney‘s business. including a number of big takeovers of pixar, marvel and 21st century fox just to name three. i am proud of our effo rts name three. i am proud of our efforts for our employees and cast members around the world. which are about 230,000. i am proud of their compensation, i am about 230,000. i am proud of their compensation, iam proud about 230,000. i am proud of their compensation, i am proud of the benefits that we have bestowed upon them and i am proud of the opportunities we have created for them because there have been huge u pwa rd them because there have been huge upward mobility in our company by the very people that it started at the very people that it started at the bottom and i am one of them and have enabled themselves to not only worked their way up, but to work their way up worked their way up, but to work theirway up and worked their way up, but to work their way up and

that the raiders would make a run at brady at the most dramatic commercial start hokey action star bob bobeally a skinny little guy look at this. he peels off his clothes and many peels off his muscles. and since there like a tweeting that in the end i love with his spotting him on the bench, if you what n remember what the commercials for it turns out it was actually a rocket mortgage i had to look it up i know the bill murray commercial was for jeep because that kept calling a good showing him getting into a jeep driving off again and again it was a takeoff of caddyshack. >>different. >>where we parked. i was following you. >>i was my favorite part groundhog day of course is 06:00am again again again. >>if only the forty-niners could play that game over again it really was groundhog day right so let's do it. punxsutawney phil there it is you know luckily, though murray didn't take off with them and he did not see his shadow which means. >>early spring. and that's the bus. tom: my mom always told me actions speak louder than words. she was a school teacher. my dad joined the navy and help

bob's. bob iger steps aside handing the reins to bob chapek. into warns coronavirus could create uncertainty, we speak to ceo later this morning. this is bloomberg. ♪ nejra: this is bloomberg surveillance. let's get the business flash in new york. >> delays for the london stock exchange purchase according to the financial times. it's facing deeper than expected scrutiny from brussels. a form a notification of the deal has been postponed. financiald to by the data provider for about $27 billion. bloomberg lp competes with rif and native to provide financial data. notice chevron is asking traders at its canary wharf office to work from home. bloomberg has learned to taper caution after an employee was tested for coronavirus. coronavirus has not been confirmed. chevron saying it's closely monitoring the situation. the u.k. has 13 cases of coronavirus. we end with jp morgan -- jamie dimon. he is looking aggressively at acquisitions. he said he could buy anything that's not another u.s. bank. the wall street giant has a greater appetite to deal than

bob: in bob chapek, we have someone that not only knows the company very well, having run a few of our important businesses, including parks and resorts, but he's also someone we know very well. i couldn't think of a better candidate to take over the company. bobnd to double down on the same strategies bob established 15 years ago that have served us so well. the thing i have taken away from bob iger's legacy is get the content right, and everything else kind of follows suit. kong's announced a $120 billion hong kong release package announced with tax cuts and a cash handout to ensure economic confidence in a city battered by political unrest and coronavirus. >> although the cash payout involves a huge sum of money, in light of the current situation, it will not impose a burden on the long-term fiscal position. >> i think the expectation is they are going to go into the economy and spend the money, and not sit on it. the overall relief package for the hong kong budget today is about 120 billion hong kong, $15 billion u.s. everything from the recurring tax breaks we get each year, also some money earmarked for the technology industry, talking about potential expansion of the growing research clusters there. there's also money earmarked for the

>> bertha, thanks so much for that final thoughts, bob iger stepping down as ceo bob chapek will take over. they'll sid down with julia board stein. bobct tloi bob geiger, offsetting the scale of the announcement. >> iger keeps creative control. >> and more time to focus on that >> it's a little bit of a staged transition as i said before, it was also done when iger was succeeding michael eisner they co-existed for some time. >> 22 months left as executive chairman back to the broader markets, down close to the session lows, 2,000 points or so >> real question going into tomorrow, has the selling been overdone enough, and have you finally gotten the market to a point where it's so stretched. i think we're close. these things never line up perfectly. a lot of indicators say we've done a lot of damage in a short period of time we should see some relief bounce attempts if nothing else >> it's hard to know enough for what when the coronavirus picture is changing daily. the cdc is telling americans they need to start preparing. >> that's why it's not really a fundamental call it's the market tactics and dynamics that say usually when we ge

bob michele, matthew hornbach and priya misra. bob, let's talk about the shift in high-yield. you are leaning into this? bob: yeah. t want to fight this. the middle of last year, it looked like we were heading towards recession. the central banks eased. we totaled 88 central bank rate cuts. 9000 basis points. you got compromise on trade. what is there to fight? i look at it from the perspective, you worry about high-yield. if you think you are going to lose money, you need default rates they go up and they go up when you have a recession. if the probability of recession is reduced so dramatically, why do i want to fight that? i will not have default rates, i will not lose money and i have got loads of clients looking to get into something that has a positive yield. jonathan: summer of last year this was a 180. you were worried. you were worried about the end of psychodynamics bleeding into fixed income, it did not happen. what was the inflection point for you? we need to lean into this and turn the other way? from thek and awer central banks. providing liquidity backdrop and expansion of the balance sheet again. th

bob chapek, who had been chairman of disney parks, experiences and products. for bob iger, the move caps an extraordinary run at the top. he will stay on for a time. and in a note to all of us who work for disney today, bob called it an historic day. here's abc's kayna whitworth tonight, who spoke with both leaders just a short time ago. >> reporter: tonight, passing the torch at the walt disney company. the board announcing bob iger stepping down as ceo, effective immediately. iger saying it's an optimal time to transition, after 15 years leading the company, to focus on creative endeavors at disney. >> i needed to spend more time on the creative side of our businesses, because there's really nothing more important, particularly with the new strategy that we have in place. but in order for me to do that, i had to pass the reins onto someone else, this gentleman, as it turns out. >> reporter: as disney's sixth ceo, iger oversaw tremendous growth -- >> new toys! >> reporter: -- acquiring pixar, marvel and its "avengers" franchise, including revolutionary blockbuster "black panther." iger says attending its premiere was a day he won't forget. and lucasfilm expanding the disney universe to include "star war

disney shares are in the red after the company named bob quebec as the new ceo -- bob chapek as the new ceo. down onend to double the exact same strategy bob established 15 years ago that has served us so well. the thing i have taken away from bob iger's legacy is get the content right and everything will follow suit. we welcome abigail doolittle for what the move may mean for shareholders of the walt disney company. they are down right now. abigial: what is interesting about what he was just saying is he is planning on doubling down on bob iger's strategy. everyone knew he would step down as ceo but a lot of people were caught upside by the fact that it was so seven. the last quarter relative to streaming was very good. streaming just happened. that is one reason why the stock is down. the second is why bob chapek. many thought the head of streaming would get it. you can make the case and you would know more about me, that bob chapek will be just the seventh ceo at disney. loyalty is clearly a big deal. that could be a big piece. he started off with dvds back in the day and then went to retail. now he is -- was the head of parks. that is

hillary should win, these guys are investigating hillary and then they go to work for bob mueller, the two of them and when bob mueller found out everybody knew that they were one 100% this way he let them go but they deleted all of their e-mails and text messages so when we got the phone they were deleted but can

they wouldn't happen to be in prison for killing old man bob and she got back and said, yes, they are in prison for killing old man bob. >> old man bob was robert karey, well-known fence, loan shark, drug dealer, murdered at the back door of his east detroit home in the summer of 1987. kevin was already on the computer that day in 2009, so he pulled up the michigan department of corrections website, saw pictures of tommy and ray highers. confirmed they were in prison doing life without parole for the murder of old man bob. it was then it hit him. like a brick in the face. something about those pictures was very, very wrong. only one thing to do. kevin picked up the phone and called that old college roommate. a man he hadn't seen for at least a decade. this man, john hielscher. >> he said it was about old man bob. i started freaking out. i'm not doing it. i'm not doing any of this. >> how come? >> scared. felt scared. >> but if he was scared now, oh, just wait. mary's little post and the connections it pulled up in kevin's brain had just made john hielscher part of a team he wasn't sure he wanted to belong to and the next move was his

bob: wider. priya: wider. jonathan: 3, 2, 1 or none? priya: two. matt: none. bob: one at year end. jonathan: great to catch up with you all. boble, priya misra, matthew hornbach. that does it for us. we will see you next friday at 1:00 p.m. new york time. this was "bloomberg real yield." this is bloomberg tv. ♪ m i am mark crumpton. president trump has been handed a victory against a lawsuit by 215 congressional democrats who said he violated the constitution's emoluments clause s. the president was accused of profiting from forward spending. a federal appeals court in washington dismissed the case, saying nevers of the house and senate lacked standing to sue the president. the outbreak of the coronavirus will not stop china from eating purchase goals outlined in the recent trade deal with united states. white house economic advisor larry kudlow tells bloomberg chinese president xi jinping told president trump iphone phoneg will keep up --by beijing will keep up its end of the deal. >> he assured president trump while there might be some delays in the purchase of american exports, the job, the markers, the $200 billion over th

bob. as bob said i came are some 30 years ago and said my interest is in relationship between innovation and entrepreneurship and success among blacks. a former columnist was there and he said, you better document everything because nobody would believe it. i did a book called entrepreneurship and self-help among black americans, looking that relationship or i may so the employees in the boy with aspirations, fourth-generation college graduate. my question is always been, what's the algorithm to black success? i trace the success beginning in the early 1700s by great scholar such as wb doughboys economic cooperation among negroes. being a skull also look at all of the work done in the negro college graduates since its inception. right now under a book now on the relationship between -- basically every look at that i go with them, what do we talk about? as bob is stored, 40 years ago, the whole idea of looking at success in having the future is very, very important. i crewmember bob's work in st. louis and the command us talk about how we really, really change what they call the inner cities? all black americans that inner-city blacks. as a set on a fourth-generation college graduate,, fourth-generation success and how did that happen? the algorithm this is to concentrate on changing the people have confused segregation -- we need the laws of segregation for the whole can-do spirit as margaret lichtenstein noted in a work or census and black ownership in 1910 census blacks will more likely be self but the inevitable in america. so, therefore, by the 1960s, if you will, like southerners were more likely to be southern, black southerners were more likely be college graduates that anybody in the country. that's because it was an emphasis on whole idea of coming together. if you have a problem, go to school. if you have a problem in the communi

but the fact of the matter is, sitting in a centerfield bleacher was a pitcher named bob buhl. bobll had a raincoat in the codon and he was stealing signals. the cubs finally figured out in the sixth inning and it was a big uproar. but, having said that, this was a most unfortunate incident, no question about it. but i think robert manford, the commissioner dealt with it harshly, after all manager and then lost his job the general manager lost his job they got phot find $5 million which is the maximum you can find. they lost their first and second draft choices which really hurts for two years. so -- and then to other managers lose her job including the manager of your favorite team. but i think people will understand in the future now, how serious this was an these were serious, serious consequences for the houston club. yes, technology is getting better, but so are we. and i think you will not see this happen again. i will be very surprised if it does. but, baseball is taking this very seriously. they are using every technological device to know that it doesn't happen again. and

half a century later, in 2013, when his son bob dies, bob's kids and their spouses are cleaning out thehome. they rediscover that old scrapbook. >> we all started, like, looking at it again and saying, "wow, this is amazing stuff." >> and there's a lot more squirreled away in dad's house, north of houston -- relics they hadn't even known existed. there's grandpa smoot's monogrammed cowboy boots, his service revolver, and this 4-page letter, handwritten by bonnie and signed by clyde. that's his signature? >> that's his signature. >> there's more. the siblings find a ledger, written by their father. >> in his handwriting, the contents of what was in the box. >> this is what we found that was so interesting -- bonnie parker's ring. >> oh, my. in small print -- "three silver snakes with tiny jewels." bonnie parker's ring? >> we all went, "oh, my god. where is that?" >> here's another quiz question for you... the answer when we return. ♪music ♪another summer day is come and gone away♪ ♪in paris and rome but i want to go home♪ ♪mmmmmmmm ♪maybe surrounded by a million people i♪ ♪still feel all

. >> non- virus news bob iger replaced by bob j peck you spoke with them on the phone everyone has respected bobwhat is and at the park for the last five years why would you go to parks i would every talks about streaming so that's disney's biggest earners television so why would you go to bob meyer with the streaming business the first answer is parks are the fastest-growing part of disney right now. they are becoming profoundly popular and i can envision in the next couple of years parks overtaking television becoming the business. also he's got 19 years of hollywood experience before he ran the park's business if you ask about streaming he says it's not called streaming is called direct to consumer. and there is nothing more direct to consumer than running the parks. jack: tough time he because parks are not the place we want with the possible pandemic. jack >> barely had to close in shanghai and hong kong. you can see a downturn in attendance here in the u.s. is things get worse. but keep in context this is a business where you are at $7 billion in operating profit just up from a few billion

forgiveness. >> bob, your behavior is completely inappropriate. >> dreyfuss's publicly told the story about a long time beef with bill murray that began on the set of 1991's what about bob head, it missed. >> is it just you and me or is it me and everybody. >> now dreyfuss has stopped telling that story and he says he is ready to forgive. >> i haven't done it with bill and i will, we have never crossed paths. and one day i will write him a note and say, as far as i am concerned, it's over. >> dreyfuss is 72 now living ine miies. buu will er see. >> i literally walked into your house here into the room where we are taping this and looked at the wall and said to the producer, where's the oscar? >> did you? >> of course. where's the oscar? >> this is great. the academy award for best actor for 1977. academy of motion picture arts and sciences, yeah, it is heavy and also cold. >> is it? > he is freezing. >> i will put him back where he goes, right next to the orange juice. he smoked whitefish salad. >> after a career facing down sharks, aliens and his own demons, richard dreyfuss has somehow managed to stay cool. >> to severe rheumatoid arthritis or active psoriatic arthrit

bob iger reportedly he is steg down immediately being replaced by bob chapek. he oversaw the star wars galaxy's edge at the theme parks. mr. iger is staying on as an executive chairman and he is embracing the role. >> i will just as committed to the company with a different role. more than anything i'm committed to a successful successon process and a successful transition. the best thing for me and the company would be for bob to succeed. >> it is nice to have bob iger in your corner. >> bob iger served as disney's ceo for 15 years. he plans on staying on as executive chairman through 2021. disney is the parent coil of abc7. >>> a new classic twist where a loved one calls and asks for money. >> yeah. this is scary. >> the person on the other end of the line is not family. it is a criminal who has managed to clone a voice. >> how bad is this? >> it could get really, really bad. this is horrible. clever criminals re-creating the voices of your loved ones. and they're using those voices to steal money from unsuspecting victims. law enforcement agencies and the federal trade commission both warn, scammers are using voice cloning technology to re-create voices for a phone conversation. criminals use the voices pretending to be a loved one in urgent need of money. consumers should be skeptical and ask questions that only the other person could know. ford has announced three recalls, announcing more than arrea mil

bob, given that we are in the u.s. and really curious -- taylor: bob, given that we are in the u.s. and really curious about any fallout from china, if you look at pmi, what indicators are you really looking at to see any economic impact? bob: i think you're exactly right. those are the key things to be looking at. but really, you have to look at what the viruses doing and how serious the situation is with the virus. you have tonumbers, say it's a real tragedy, but no one can predict how the virus is going to go. all we can predict is the example of the sars virus in early 2000. so far the transmission rate was calculated at the end of last week at 2.6. every contagious person can in fact about 2.6 people on average. i think the confidence interval is one and a half to three and a half. that is about what the sars virus was. if you look at the mortality , -- with the coronavirus mortality rate with the coronavirus, it's a lot less than the sars virus. for the sars virus i think it was one fatality for every case. the coronavirus is more like two were three in 100, so much less than that. the biggest impact will be in china. companies have been shut down , have ceased operations. they have quarantined something like 50 mill

we'll go to bob in louisville, kentucky. independent line. bob, good morning. caller: good morning.hanks for taking my call. i just want to make the comment that when i seen nancy pelosi tear up that speech, i consider that the most crudest, rudest thing that i believe i've ever seen. as far as i'm concerned, she personifies the word white trash. host: let's go to patrick in names, florida. democrats line. caller: good morning. thanks for taking my call. it still puzzles me that trump still uses this. maybe he's not smart enough to know that putin has used him since day one. and if you look at everything he's done that has benefited putin. it's not. host: such as what? caller: well, the first big tax cut he gave, i'm sure putin and his international corporations made billions. it was supposed to go back to the people. very little did. all it did was prop up the stock market which will be the biggest crash when this is all over with. that's another thing that bothers me. what he's duly removed from office with an election by more people he gets, somehow he's going to rig a vote. they

of course, we welcome bob chapek to the new role tonight and of course we thank bob iger, who many ofs here are lucky enough to call a friend. he would visit the newsroom, asking what's the lead, and we hope for many visits to come from both. >>> we turn to the other news tonight, though, and the major winter storm gaining strength and turning deadly. 16 states on alert from wyoming to maine. the storm already battering parts of colorado with blinding snow, treacherous driving in kansas, an accident taking one life. some of the highest snow totals in the midwest are expected for the winter. and then the system moves into the east. let's get right to ginger zee with the track again tonight. hey, ginger. >> reporter: hi, david. we've got this cold rain out ahead of the system, but there's two areas i'd like you to point to. back there in kansas, where they've seen 13 inches just east of sylvangrove. and chicago starts to get snow. let me time it out for you. really important to see by tomorrow morning when everybody is trying to go to school or work, if school is not canceled, by the wa

bob pisani at the new york stock exchange for more reaction. bob? >> very little reaction right now. we were at 3389 on the s&p that's essentially where we are. let me echo what steve said, for equity traders, there is two things that everyone was focused on now the first is everyone is expecting the next move on rates will be a cut, not an increase the markets expect 1 to 2 cuts sometimes this year. the case for easing, we see recession chances lower, brexit lower, coronavirus there, i think greg if was right here limited impact on the u.s. there is no particular urgency to move right now. the sense still remains, certainly from this report, that the trend is towards an easing bias, not an increase. the other would be on some focus on the balance sheet i didn't really here anything about that everybody wants to know where the balance sheet right now is and how fast are they going to wind down that qe program. they'll call it qe, they're buying the short end of the curve there. that's the important thing haven't heard a lot about that the market psychologically loves the idea that liquidity, any liquid doesn't matter, call it qe or not, will help the market. they started that program on october 11th and that was one of the days when the market started moving up and had a fabulous fourth quarter most traders believe the federal reserves with an important part of that fourth quarter rally back to you. >> bob, thank you. bob pisani rick santelli at the cme tracking the bond reaction here. if i were to sum this up, not in terms of bond reaction, by 155 when we went into this meeting but that we're talking about a bias towards lower interest rates, driven by two things, often move and hand. one would be if inflation continues to fall short of the fed's target and, two, if the economy starts to fall short of the fed's expectations and slows, right >> yeah, no, it is pretty difficult to argue with that but i always like to carve out some issue on the other side, and i personally think that capital spending and some of these things that have been deficient as of the last six or seven quarters are going to come back so, yes, there is an asymmetric bias to the fed. that's impossible to argue against, all things being equal, a statustician would say sometimes toward the end of the year, if any of the things you outline, the door would be open. i think that we fall into these conventional wisdoms,

it's a tradition dating back to super bowl i, when bob hope did the same choreography. ( laughter ) it was good. bob was very cut. bob was very cut. president trump was watching. after the game, he tweeted: (as trump) "congratulations to the kansas city chiefs on a great game, and a fantastic comeback under immense pressure. you represented the great state of kansas and, in fact the entire u.s.a., so very well. our country is proud of you!" ( cheers and applause ) here's the thing you already know, the kansas city chiefs are based in kansas city, missouri. (as trump) "oh, i know missouri. it's the show-me state because you have to show me where it is. on the map. ( laughter ) let me ask you this -- let me ask you this -- is it the one that looks like a pork chop? ( laughter ) trick question: they all look like pork chops." ( laughter ) ( applause ) before the game, trump sat down for an interview with fox news host and "dumb bob square face," sean hannity. ( booing ) given that it was super bowl sunday, hannity had football on his, and i'm using the term loosely, "mind." ( laughter ) >> what do you love about sports?

bob in michigan. bob? >> caller: boo-yah, jim. thanks for taking my call. i'm a long time investor but only a recent convert to jimmy kill i'm wondering about merck. they recently announce the a spinoff of some of the products to a new company the stock price is off close to $10 from the 52-week high. so i'm unsure what is next s this a buying opportunity or should -- >> i've said, bob, that it was not a buy opportunity. i'm going to change my mind right here when it got to 3% yield, that was enough for me. buy merck at 3% with a 14 multiple, i'm ready to start the position now the world is hanging on these coronavirus numbers. that's really what people talk about. expect those to color all of next week's trading. on "mad money," trouble in toy land i have to tell you, we have mattel on and tumbling after earnings is it a red flag or a buying opportunity? let's talk to the ceo. there are plenty of unknowns which defensive plays are worth circling back to i have an unlikely one that you may really like. and dough minute yun reached zero emission by 2050. i'm going to find out what that means for the stock when i sit down with the ceo. so stay with cramer. but in my mind i'm still 25. that's why i take osteo bi-flex, to keep me moving the way i was made to. it nourishes and strengthens my joints for the long term. osteo bi-flex - now in triple strength plus magnesium.

bob dylan. my name adarna bragg. and. bob on the left. you know at dark no longer. quite so your back in court for your father hearing ok right the most important thing is your editor said. you know that and if somebody. were to go to our shows at any hour where are your thoughts it depends on who the judge is to some extent ok because some judges are frankly going to be a bit difficult to start here and some are not designed so in that respect it is a bit of a lottery. then i don't like to do the rest so i could use 50 or a bit over the one above it though bushnell for me to them a 61. long run from office chair on good doesn't look ok bosh my family and i were going to try to do it because i mean they are your course i know is the answer your question it won't affect your family because your patent your case ok you know. you can break from it into the subset. was it would seem that the liberty we have a procedure and however if you will and if the home office then grant you a few 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crumble and it would seem the mimes i'm ok in my back to go my thing in the corner shop bought up ash and so. mom offered to me again are coming small chontosh. non-moral mini me again i found her dad thought patrick some bob for going to meet monthly nobody . new questions tests of the soy or see if you can get their estimate and put the door up john miller fears the threesome versus the isma boss to the bone to boca naaman wants to go on the school on a nail of running and almost do squat with them appreciate. this isn't optimal going to move on for a living the best of it has you that the mark they saw. the boy not. many. formal. bought bobbing for off. yes i think you're. good john archibald of olive garden courtroom only. push away from she cannot see if they. cannot see you through. other. than her that i'm part. of the. transcript theater. come on connie's break the mic. on to the wreath break even and. suppress rights to learn them until it gets of course. an estimated 100000 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bob redell joins us live outside of travis air force base in fairfield to talk about the next step for these passengers now, bob. >> reporter: laura, yes, the passengers who are not showing any signs of the coronavirus infection, they will be quarantined here at travis air force base nor for the next 14 days but the passengers have been tested positive, they will be on the base. they chose to left the cruise ship in japan and some landed here at travis air force base at 11:00 last night on a chartered flight and the others flew to lackland air force base in san antonio. a couple posted this from inside of the airplane and everybody is wearing fas masks. the staff is in hazmat gear and there is a isolation chamber on board. there are now 70 new confirmed cases of coronavirus and they encouraged americans to leave the ship. this wasn't mandatory but they highly encouraged it. we smoke by phone to a passenger who chose to stay on board the ship and not risk breaking his quarantine. >> what we did know they were doing to cram us on buss with a bunch of other people who haven't finished the 14-day quarantine. >> reporter: the death toll from the coronavirus is rising unfortunately. nearly 1800 people have died and roughly 70,000 people have been infected worldwide and it spread to 29 countries including here in the united states. reporting live here at travis air force base, bobell, "today in the bay." >> bob, thank you. >>> 5:34 for you this morning. and a little girl is recovering this morning after a terrifying mountain lion attack at south bay park. that park remains closed and that cat still is on the loose. "today in the bay's" kris sanchez is live in cupertino. and kris, when the alert went out i was hiking which is a scary thing to read. but then we need to let people know that attacks like this, they're rare. >> reporter: they are very rare. though there has been increased activity here at rancho san antonio park. and we just saw a ranger coming in likely for the search for the animal with a cage in the back of the truck. again the attacks are rare but this is a preserve where you do see a lot of activity. a search is on for the mountain lion that bit the little girl yesterday. it is -- until it is found rancho san antonio park will remain closed. to reiterate the little girl is okay but treated for a bite on her leg. she was on a hiking trail about

alix: disney-plus ceo bob iger is handing over the reins to bob chapek. >> the timing was of the prize. the expectation the marketplace as bobater this year, or into 2021, after the streaming businesses had been more established. throughger will stay 2021. >> bernie sanders. alix: senator bernie sanders took the heat in last night's democratic debate, as a solid five front runner. >> senator bernie sanders projecting momentum, and his campaign laying the groundwork as to whether he could get the delegates needed to clinch the nomination. alix: most of the candidates spent more time focusing on michael bloomberg as he spent billions on advertising -- millions on advertising. s&p failed..s. futures up .2%. the safe haven bid is a dollar. sellingseeing a little on the 10 year yield. it feels like investors are like, we don't want any more low yields. will others comply? katie koch joined skiing. -- joins me. we are going to go near term, but there is no shortage of things to talk about. alix: yesterday, we were to percent plus away from a correction. what do you tell your clients? >> the same thing i told my mom who is a 65-yea

bob redell is at the mallory location. so bob redell has more detail i believe or as much as i have. can you straight something out over there? >> reporter: yes. a clarification, it is the mallory avenue on ramp with fremont police out here. they're assisting the california highway patrol over a freeway shooting taking place on the on-ramp around 3:00 this morning. chp has indicated that there were no injuries but you could look at a video of the vehicle. this is a bmw 3 series sedan that was shot. we believe it was hit a couple of times in the rear. you could see officers looking at it and taking pictures of it. the driver of the bmw did not pull over here at the scene, they stopped at fremont station number eight and if you are familiar with fremont, that is a good four, four and a half miles away from the station. so they drove to the fire station, obviously alerted authorities, chp and they're investigating and behind me we have fremont police who have shut down the northbound on-ramp to northbound 880 here at mallory avenue. -live in treatment, bob redell, "today in the bay." >> we'll check back with you throughout the morning, bob. >>> we want to look at forecast for you. kari hall is tracking the conditions we can expect throughout the day. >> we're starting out this morning with very cold temperatures. live look outside in dublin. a lot of people already up and out of the door, feeling temperatures even colder than yesterday morning. dropping down to 34 degrees as we head through the next couple of hours. going into today we'll see it gets milder, a lot of sunshine. our south bay high temperature is warmer than yesterday. reaching 60 degrees in san jose and 61 in gilroy. we do have a warm-up in the forecast throughout the week. i'll have more on that coming up in the full microclimate forecast. >> thank you. >>> more breaking news. hundreds of americans traveling from wuhan, china, the epicenter of the coronavirus outbreak are in the bay area right now. this shows the first of two planes landing at travis air force base about

bob iger just announced that the walt disney company he will be stepping down as chief executive officer. bob cap emek, named at chief executive officer at disney. iger will become, stay on assuming role of executive chairman through the year 2021. that is after-hours quote. up a quarter percent on disney. middle of everything else, one of the best known corporate executives in america stepping down, a change at the top at the walt disney company is coming up. sorry to interrupt you liz. melissa: that is huge. connell: gary, jump in as well. quick reaction to that what we're seeing in the market. >> first on iger is that immediately stepping down? connell: he will stay on, as i said as executive chairman through 2021. >> okay. connell: i believe stepping down as ceo. i believe that is immediate move. melissa: he will direct the company's creative endeavors says. keep role of executive chairman through 2021. connell: right. the new ceo will take over. >> let me be clear, i visited disney world last week. i'm not worried about disney. the lines were two hours long. connell: you're down there in orlando we should point out, but go ahead. >> case closed. i'm not choreographed. he created a gargantuan business, one of the great brands of history. the streaming business is going gangbusters. their movie business just ridiculous in the last year. not worried at all. he will be around couple years with the transition. melissa: the new ceo recently served as disney of chairman of parks and experiences to your point. this will take place immediately. effective immediately. connell: from the ceo position. iger stays until 2021 but the ceo move is immediate? melissa: yeah the absolutely. >> can i make one other comment? connell: yeah. >> what people have to do is look at prices. stocks are on sale. if you have a wish-list of stocks you want to start to buy, determine what your price should be and get ready to put money in this market because there is nothing fundamentally wrong with our economy or even the world economy and these stocks will come back. they were oversold i think. maybe not tomorrow. maybe not this week but i think people should be looking at this as an opportunity to get in the market. melissa: gary, to that point, can i say, this is a point i think we made yesterday but it is worth doing again, talking about three months after 90 days, after the first case was diagnosed here in the u.s., on market, sars, s&p 500, sars the market was up 22% 90 days later. ebola was up 6%. sikh can, 9.4%. my point being, after all the fears subsided on three big events we saw like this, we saw an s&p dramatically up. gary, your thoughts? >> i'm a big believer in precedent, so that is excellent that you do bring that up. that is something we have to be aware of and recognize. the fact of the matter is, if tomorrow it is announced they came up with some medicine to combat this, i suspect the market would be back up 1000 pretty quickly but i want to make sure, give a big perspective. you gave great perspective before, melissa, let me stretch it out. since the bottom of the bear market in the last quarter of 2018, the nasdaq in 14 months was up 58%, the dow was up 36%. this is about as normal as normal can be except it is going quicker because of an outlyer event going on. we will eventually get past this, but i have to believe more price and time out there. we may get more mastercards. they announced after the close yesterday for the next quarter or so numbers are coming down. mastercard is a business that handles all businesses. guess what? other businesses are going to come with that. i think that could affect things in the weeks ahead. melissa: is you a question as we move on, look at walt disney's stock here. this is a huge announcement. bob iger has been the head of this company and has done a fantastic job for a long time. he brought in disney among many other things. there is so much speculation about when he would retire, about who would replace him. forgive me for being suspicious that they put this news out after the close in the middle of a two-day massive sell off. i wonder for investors who felt good about bob iger for a long time, it is just interesting timing on making this announcement in the middle of all this other news. does anyone -- connell: remember he put off the retirement because of the fox deal. melissa: i know. connell: go ahead, gary or liz? >> you make a good point because this is surprising to me. i followed it closely. i thought he was good to go for another two or three years. so this is really out of nowhere at this juncture but let me say as an organization, disney has a bunch of experts in every division that know their job, know what they're doing. leave no doubt they were preparing for thi

ceo bob iger has decided to step down from that role, installing the head of parts division bob chapek in his place. julia boorstin sat down with both of them last night and has the highlights. >> bobger stepping back as ceo of the company, having transformed the company entirely in that role with the acquisitions of marvel and pixar and lucasfilm, the acquisition of fox giving disney massive scale. iger transitioned the company to focus on streaming and launch disney plus to such early success last year he started the conversation with the board about the potential to pass the baton to ay-to-day leadership and focus on disney content. >> we have a great set of assets and strategy and what's next what's next in my own priorities was make sure the creative pipeline of the company was really rich. all of our creative engines were working extremely well and i wanted to spend more and more of my time on that. >> disney shares are up about 430% as iger took over in 2005 as iger transformed the company more than any of its prior ceos. chapek saying now he wants to continue what iger started >> well, i obviously have huge shoes to fill. bob's legacy in the company is just profound. i thin

. >> non- virus news bob iger replaced by bob j peck you spoke with them on the phone everyone has respected bobfor the last five years why would you go to parks i would every talks about streaming so that's disney's biggest earners television so why would you go to bob meyer with the streaming business the first answer is parks are the fastest-growing part of disney right now. they are becoming profoundly popular and i can envision in the next couple of years parks overtaking television becoming the business. also he's got 19 years of hollywood experience before he ran the park's business if you ask about streaming he says it's not called streaming is called direct to consumer. and there is nothing more direct to consumer than running the parks. jack: tough time he because parks are not the place we want with the possible pandemic. jack >> barely had to close in shanghai and hong kong. you can see a downturn in attendance here in the u.s. is things get worse. but keep in context this is a business where you are at $7 billion in operating profit just up from a few billion dollars five years ago

thisis something bob iger is the future. bob iger can point to and say, this is the future.nvestors will give them a pass in the short term. taylor: wall street has been scratching their heads protest the shares. -- heads over tesla shares. $887closed at a high of before pulling back later in the week. we were told this week that the initial run-up is inexplicable. >> everybody has a pain threshold. what a stock because of dynamic growth aspects, you have to just walk away -- when a stop becomes onboard -- stock becomes of dynamicause growth aspects, you just have to walk away. --- views on out recent tesla. it is the leader of electric autonomous vehicles and that is the leader of the auto market. cars have struggled to produce ev on par with tesla scars and they are really just running away from the competition. 7000, that's a very impressive prediction from where we are now. test tesla really have that much of a head start -- does tesla really have that much of a head start? >> and electric vehicles they are the leader. they are writing down the battery cost decline curve