first of, a model holden -- he is 90 now, still going strong. 500 ceoe only fortune to ever serve in congress, which is amazing. he gave up being the ceo of corning to represent our district. it is also my home. then to your question, the fbi -- my late husband lived in that world. factsill, with whatever or dispute what is out there when they can. there is a lot of issues that the fbi and the cia deal with, and when they can come public, they certainly will. host: we have been talking with sarah chamberlain, the president and ceo of republican main street partnership. again, republicanmainstreet.org is the website. thank you for your time. guest: thank you. host: coming up, we talk with associated press reporter alicia caldwell on the trump administration revised travel ban. and coming up later, bill gholston talk about how president trump's legislative agenda is faring with the republican-led congress so far. we will continue with "washington journal" after this. >> who will win studentcam's grand prize of $5,000? join us at 8:00 a.m. eastern on march 8 for the announcement. this y

ceoe know that facebook mark zuckerberg has been pretty critical of the administration when it comesnsa saying they basically blew it in exactly those words. hoping toexecutives get out of this meeting when it comes to that portion up? -- portion of it? yahoo!, the companies whose representatives were at the table -- they sent a letter to president obama and members of congress raising issues with the nsa program. one of the things they said was that the u.s. should be taking the lead going forward. they also want to be able to rein in the program, to determine ways that they can determine how their culpability is limited, to prevent the government from participating in the collection of some of this data. this comes on the heels of the administration's review of these policies, the president receiving the classified version of his outside panel of x boards -- of experts recommending changes to the program. also the white house had a meeting a couple hours after the federal judge ruled the metadata collection problem -- program is probably a violation of the fourth amendment. >> we a

. >>> former cbs ceoes moonves will not receive a $120 million severance package.it fired him with cause. >> a costly move against the man who was once the country's most powerful media executive. >> cbs announced its findings into the investigation of former ceo les moonves and deced it will not pay him $120 m severance package. the company issued a statement ying, quote, we have determined that there are grounds to terminate for cause, citing a breach of his employment contract as well as his faire to cooperate fully. a draft report said moonves misled investigators, said he was evasive, untruthful and deliberately lied. it detailed a pattern of sexual m misconduct and a elaborate verup. june says she had an encounter with moonves wwale h worked for 20th century fox. >> i was really shocked andwa i s gross. it was very unappealing. >> reporter: moonves's lawyer says he denie the allegations sand cooperating fully with the investigation. >>> two catholic schools are apologizing after 13 catholic preeces wi s with ties to the school are accused of abusingso studen.

erik schatzker and stephanie ceoe interviewed a jpmorgan and iconic editor, tina brown. to watch on friday, only on bloomberg. the top are public and politicians from around the united states are making their way to the premier conservative local conference today. each looking to secure the favor of the more than 10,000 attendees at seatback. phil mattingly has been watching nowthings are in p joins us >> good afternoon, mark. the stars are out for the republican party when it comes to see pack. on the senator side, you've got marco rubio, ted cruz and rand paul, you had governors like chris christie and bobby jindal. the point right now is to try to prove their conservative credibility. marco rubio gave a very in-depth foreign-policy speech and ted cruz talked about repealing obamacare and dodd frank. at the future of the republican party -- see pack is a purity platform, something ted cruz made very clear today. >> all of us remember president dole. and president mccain. and president romney. man, decent man, but when you don't stand and draw a clear distinction, when

she has bn serving interim ceoe they ar staying. >> reporter: as a graduate of public schools and theirst african-american woman leader from the school system, she is a waiver the precedent she's setting. >>rny only conces what would i share with kids if someone was selected outside our area, because to me that would have been a sign to them that they weren't good enough. and so when i got the call down citing a painful family situation. he said, quote, it is unfortunate that deeplyrs al family situation is being dredged up, going on to say he did not want to hurt his family. a routine fbi background check had been dragging on for some time and the "washington post" reports that shanahan's former wife was arrested after punching him in the face during their marriage and his son arrested after a separate incident where he hit his mother with a baseball bat. the president said that shanahan had done a wonderful job and that the army secretary will w serve as secti iacting pentagon. mark he esper will take shanaha place. >>> and this as president trump is getting ready for the mpficial k

keeping up with disruptive ceoes and technology, ibm's shows her insight at cornell tech.ersation in moments. we want to get the u.s. markets, which was in about to -- two

trump met business leaders including tesla ceoe lon musk and ford executive mark fields, they discusseddeas for bringing manufacturing jobs back to the u.s. >> what the people wanted is one of the reasons i'm sitting here instead of someone else sitting here and it is something i'm good at. >> reporter: sean spicer faced reporters for first time since accusing them of distorting the crowd size at friday's inauguration. he added tv and on line viewers it was the most watched in history. >> i don't think there is any question that it was largest watched inauguration ever. >> reporter: president also ordered a hiring freeze in the federal work tors, except for military, he vowed to slash both taxes and regulations on u.s. companies. as we mentioned the white house press secretary sean sizer faced the press to dress various women's how muches that happened this d.c. and all over the country this weekend. spicer says the president respects the rights of americans to protest. >> i think he has a healthy respect for the first a moment he, you know, this is what makes our country so beautiful o

whil we don't talk to the ceoes of nonpublicly-traded companies on the show i'm making an exception becauseinbelievable ilstraying and the best aspects of the mobile internet. the single most important trend that i've seen in investing. welcome to "mad money." good to see you, sir. how have you been? i understand you have exciting news to share about your product. i want everyone to know it because especially after apple reported blowout numbers. give us the news. >> the news is if you're an mlb.tv subscriber and we have about 350,000. >> i'm one. >> you're one of them. we lose money on you because you watch it so darn much, but that's okay. if you're an mlb.tv subscriber you can now watch any game you want on your e phone. part of the at bat application will include all 15 games every day, on top of the one free game already, now we're adding all 15 games tonight. to if you go there tonight, watch your favorite team and it might be the phillies, click on the phillies and if you're an mlb.com tv subscribers, you're there and away you go. >> i want to cut to the chase and it is a difficult q

they werehere with photos of their loved ones as the boeing ceoe faced the senmmerce committee.gan with an apogy to the families. >> on behalf of myself and the boeing a company, sorry, deeply and truly, sorry. >> senators from both parties slammed the ceo with questions of safety and accountability. some flatly accused him of outright deception. he was asked whether bing withheld damaging inrmation about the automated control session -- system thatbl has ben ed for the crashes. >> boeing came to my office shortly after these crashes and said they were the result of pilot error. those pilots never had a chance. >> there are a lot of reasons an airplane can go down, but safety should not be one of them. >> senators showed little >> we share your focus on safety and i can confidently say that that is our number one priority. >> ok, cool, we failed in this case and there are a whole bunch of people going through incredible anguish because we failed. >> recently disclosed documents show a boeing test pilot complained the system was running rampant in simulator tests. the ceo indicat

so emerge, for instance, is an organization that has some remarkable work recruiting new ceoes, women, our came from emily's list where she was the executive director. i hired her in no small measure because we need to make sure we are firing on all cylinders as it relates to reaching out to women. we have been doing a engagement of african-american women because african-american women are both loyal constituencies. we need to make sure that we are engaged aggressively with that constituency because they have always been there for the democratic party and we have to make sure we are there with them. we have, again, the new dnc with our investments i have outlined, you look at virginia and there are some remarkable candidates for the house of delegates. women that we are actively supporting with our organizing and our digital investments because we think they can win. is an example of a statewide effort that was very, very successful that we want to emulate elsewhere. we cannot do it alone. we have to do with our partners and that is a big part of the new dnc, is fortifying our relatio

keeping up with disruptive ceoes and technology, ibm's shows her insight at cornell tech. we'll bring you that conversation in moments. we want to get the u.s. markets, which was in about to -- two hour's time. very small movement. the major averages close at record closes yesterday. today, not so much. the dow is on pace for another record close. the s&p 500 earlier today could just put in an all-time high. these are very small moves. however, any green on the screen will mean new record closing highs. with the tiny moves, he probably won't be surprised to know today is the second smallest trading range of the year about five points after yesterday's very matching red below a day back in may. not a lot of conviction on the part of investors as to what is next. all the different factors from geopolitical tension to apple, little breather today. let us look at the big movers for the s&p 500. at the fact we see plunging 11%. senators are demanding a probe of the hat. plus, sale of the stock by executives. company's plan to aquire. chesapeake energy is up 7.4%. oil.ng a nice

ceoe: when i was the young the company came to me and said, you have to make a mark, do one boat thingg. i think if a ceo talks about one hing, build the stock. we have got to do it all right, just like the mayor is doing. technology right, culture right, people write, i have got to do it right in every country so i have got to get the whole mosaic. one thing people are going to say, i'm going to miss that son itch.b i am not looking for any other legacy. i am so proud of my company, by the way. we have unbelievable capability. i want to make sure it is one of the best banks in 20 years and i'm glad to be part of the place. megan: is there going to be a second act when you leave? any hint? said, one of my partner you need to do one last big thing. like what? turnaround g.m. for the government. i live and breathe j.p. morgan. it is for this company. i want to make this place that are and i will give it everything -- better and i will give it everything while i am here. if i cannot, i should not be the ceo. if you are going to be the quarterback or head coach, you have got to give it you

five hundred ceoe 500 ceo's thay they choose doctors when they're in a real emergencyconso situation based on diversity considerations for heartsurgers surgery, let's say, or do they choose their doctors basedy on reputation and merit? andnow, this equity and diversy it's n nonsense, it's not making mak us better. it'sin not making us smarter.. it's not making a stronger oritm more united as a nation.r, weakr it's making us dumber, weaker and more divided. .the result, kids can't read or math teachers are afraidd to esh to establish objective obstandards, don't want to offee any parents and administrators at. those at vanderbilt those women can't be bothered to compose or proofread their own emails. no >> and remember,w, remembe thos? peabody sc dalitz represent vanderbilt's nextody school of education. in other words, training. the next generation of thinkerse talk about terrifying. beginnino there are some signs, though, that the system is beginning to break down. notice that some of the first positions being cut by businesses right now during this economic slowdown are the diversi

o but remember former twitter ceoe jack dorsey repeatedlymber denid that this was ever happening. h here he is , in fact, front testifying in front of congress back in 2018. >> watch this.to read i want to read a few quoteses. about twitter's practices.ell yh >> and i just wantat you to tell me if they're true or not. social media is being riggeds bn to censor conservatives. >> is that true of twitter? >>, i don't know what twitter is up to . it sure looks like to me that ad they're censoring people and they ought to stop it. are yoo stopu censoring people?. >> no. >>itter shadow banning prominent republicans bad is that true? >> no. well, now, just like clockwork, democrats and their adoring allies in the media arliees i suffering one meltdown after another and relentlessly attacking musk and weissr and . so ask yourself, why areats in democrats and the media so the terrified by transparency, scared of free and independent voices? so scare free anand so hostile e the answer may be simpler thanle you think. censorship is a tool used by the powerful against the powerless to suppres

>> the charles payne rule is that when a ceoes, and if the stock is up, that means the ceo who is leavestock is down, that means the ceo was good. have i got that right, charles? >> she was not just good, but tremendous. here's the thing. boards are not tough enough sew when there's a big fiasco, kick out someone, the market, you know, you get board thing from people who are not in the stock market. the fact of the matter is i think they overreacted. christine day, a big blow, the stock is oversold. it was a mistake. should have kept her. >> big drop, 16%. >> she did an amazing job, amazing job. >> all right. the very important story here. we've been hinting at it for years here on the show. we're talking about the back door bailoutompassed within obamacare. cities and states can shift retiree health plans to obamacare. chicago's mayor is already doing it announcing plans to move city retirees on to exchanges, subsidized exchanges to pass off $800 million in unfunded retiree liabilities. betsy mccoy, at the center of the story for years now is with us. a city or a state, they can't pay t

the ceoe speaking with of the red apple group and owns a different kind of retail -- it is a supermarketin. he talked about how businesses in new york city are paying higher and higher rent. butrents continue to go up the tax issue is a big problem for small businesses. listen to part of what he said about how higher taxes affect businesses and individuals. >> the florida real estate people were celebrating that more and more new yorkers are moving down. it is like 400 families or people per day. >> because of the taxes? >> because the fear of taxes. taxes did not go up yet. they fear that it will rise so they figure let's get out of town faster. >> i don't know about 400 families per day number but there are two separate issues -- there is higher rents for retailers and number two, higher who are the wealthy large consumers in big cities like new york. >> you've got higher tax rates. new york has high tax rates but it's the best city to do business in in the world. number?u believe that >> 400 families per day? i have no idea. >> do you believe people are leaving new york to go to flori

the new ceoe seeing would have to manage a compensated relationship between nissan, renault and mitsubishis the problem as we continue to see shareholdings that are clear but not controlled. alexander: the difficulty is theoretically the wrench should be running the operation. it is a government -- renault is a government controlled company but the french government doesn't want to step up. when you look at carlos ghosn, he was looking to bring the company together and integrate and merge. path.y, took the opposite you have to assume some of his, the people that worked for him, would still be following that. we are left with who is really in charge and what will go on? one man said clean sweep, shuffled the management but the only two people that really changed was the american female lawyer that came in and the japanese x racing driver who was also female. those were the two nonexecutive thectors who drove to get second key ceo -- the second ceo kicked out after he wants to get paid more. we even know the extent of what appears to be a fairly deep rocked in the corporate governance -- rot

ceoe carey ran directv as for many years. he obviously has good input.iverse team at the 21st century fox group. i think there's a lot of should you just merit as long as the deal is the right place. >> jason, a lot of people look at the timing of this offer and say, it is genius because 21st century fox has just completed the spinoff of news corp., time warner has just completed the spinoff of time, so they're very both clean, focused media companies. and at the same time, comcast is tied up with the time warner cable acquisition. at&t is tied up with directv. up with vodafone wireless. do you share that point of view of genius? >> genius. rupert murdoch has been building this business since 1954. >> 1954? 1954. he has made bold moves. he is one of the few newspaper titans to be able to transform into a very powerful for relevant global content play today. we like the fact they're willing to make old moves as long as they're very strong price discipline attached to it. >> let's say jeff fugate somehow comes out ahead here, that he persuades shareholders

the board of cbs meeting today over newfallout overal legations of sexual misconduct from l ceoes moonves. >> and new findings on the disappearance of mh-370. will it answer the question of ed?t rlly happ today, monday, july 30th, 2018. >> from nbc news, this is "today." with savannah guthrie and hoda kotb. live from studio 1a in rockefeller plaza. >> arn good g, everybody. welcome to "today" on a bright and early monday morning.o so niceave you with us. >> one of the things in the show is a very powerful interview you did in l.a. a few days ago. >> i really hope people will watch this. bode miller, who we know from eolympics, and his wife morgan, lost their baby girl. emmy. she was 19 months old. she towned. younk you know everything you node to know about water safetyyo i ask especially if you're around little ones, to interview. it changed me. i hope it changes a lot of earts and saves lives. i think itwill. >> it was difficult for them to talk about, but that is their purpose. >> first, it is a busy morning with lots to get to. we're going to start wh the raging wildfires out west. >>

co-chair, ceoe and founder of farfetch. zuma versus the anc.the impact of the south african president's standoff with his own party. we are live to cape town, next. is bloomberg. ♪ francine: this is "bloomberg surveillance," and i'm anna edwards. let's talk a little bit about oil. ve alwaysits allies ha achieved their goal of clearing and oil glut. but their efforts could be derailed by the united states and other rivals. crude has rebounded and is trading $59 a barrel after falling 10% last week, dragged it down, and then bouncing up once again. with more, we speak with emery boar. why isn't oil rallying, then? i guess, it's being treated like a risk asset, isn't it? u.s. futures are pointing down. reporter: exactly. over the last two days, with some risk assets be swept up a bit, but not so much for oil. you would think that with the i.a. save the glut is almost clear, we would stabilize prices, but it is going to be shale versus opec. the shale company is able to deliver even more now as we have those recovering prices and opec production is

cits now, nick wallace ceoe firm sayy the metrics that d.c.y rated for average commute timemm in minutes and the perce difference in commute timeence between public transportationrto users and drivers on those metrics it beat almost everyvery other city in the country. would you like to know the otheh cities on this list in the top e five.fi. >> yes. yes >> since we're fox5 we'll do tht top five. washington, d.c. number one.d. m other ones on the list, san francisco, number two. boston. chicago and new york city. >> wisdom, you know what thisw h says to me.yso me >> what does this say to you,, allison.so. >> this system has the potentiai to be great it.at i >> has so much potential.. >> i got to be honest. honest. what i hear about this violenceo somebody getting shot. >> oh yeah.>> oh yeah. >> it's a train.s tra there's more than one people ono assume on the train.he tin >> right.ht >> it has the potential to beal great. something needs to change d.c.. in the area deserves a betterdea system. i deserve to be able to get onat there and feel sa

general electric beat analysts' to ceoes, giving a boost jeffrey m l after some investors have grownouus on cell is will heart and still with us is david bianco of deutsche asset management. good news for mr. immelt. guest: organic growth was better than expected pretty much across the board, and oil and gas is not as bad as it has been. four quarters are pretty negative. it looks like sales are accelerating. david: and power and engines are good. up.n: yes, power is it is actually apples to apples, i power is picking up, but think the other surprise was that oil and gas prices were not as bad as they have been pure to sales were down 9%, may be down 21%, so that is a good. himselfid: jeff immelt says that is all about the internet of companies. muchyou think about how progress they are making on that site come on the tech side. karen: we get sales and orders, and they are all growing 15%, 20%. they are not making money in it yet or this could be the year that they are spending less than they are making, so it is an important here on that front. 130 $4 billion is hard to see, but the

the ceoe worst since position changed in 2006.or is this going to be systemic? the flatter yields curve taking a toll on goldman sachs has less exposure to consumer banking versus bank of america. that stock down by 5/10 of 1%. if equities trading was better than estimated, but for bank of america, that interest income was slightly lower than net interest margins. the interest margins should improve in the third quarter. a lot of these issues that were transitory and should improve, we are also getting some readthrough on the deposit data. so how much they are going to raise the deposit base to attract customers. we are seeing a little bit on the asset management unit, not so much yet on consumer banking. that is squeezing the more so we have been breaking these down throughout the show. jeff hartehter, also of sandler o'neill. and michael pachter is still bearish on netflix. david: it is trading for about half of what it is trading for. here we are not going to get your placement for obamacare anytime soon. having counted the vot

until productivity goes up, wage also probably remain muted profrnlgts du >> jurrienf fshgjurrien, if ceoe confident, won't productivity go up we'll let the dreamers stay. the population will grow people worry about that and think we can never get above 2%. don't you think productivity can come back? >> sure. you know, potential gdp growth, the speed limit of the economy is the sum of productivity growth and labor force growth. having immigration is a good way to grow the economy. absolutely all the western -- all the industrialized countries have a demographics problem so you need to boost your population one way or another, whether through birth or immigration. it's a slow-moving thing productivity the same thing. if taxes are cut, regulations are cut that should potentially boost productivity unless you do one or both of those two, you will be stuck at 1.5, 2% real gdp growth. you need to do something structurally to raise that limit, and it comes down to those two things >> okay. thanks, jurrien, david guy, thank you for being here. >> i'm staying i'm not going anywhere >> i know that

earlier today, vonnie quinn ceoe with the keen groune group and asked about the permian boom. >> it is call a boom with oil prices in the range of $50. and makes it economic to spend capital drilling. we will look for it to continue to grow over the next two or three years if oil prices stay stable. vonnie: we have a new president and administration. rex tillerson and rick they are part of administration. what do you hope comes into play? >> we will have to watch how it plays out with the new so aretration vonnie: you just waiting to see? is there anything that would benefit the hydraulic fracking industry? >> the lower corporate tax structure could help. vonnie: talk about the oil and gas. we have been does talk about the oil and gas capex. we have been waiting for it to turn around. >> the spending in the u.s. is generating% to 30%, new activity and creating a lot of demand for our completion services business. on end everyone says a lot of capacity has exited the market. even private equity firms say the same thing. but some say not as much. what is your take? have we seen a massive

ceoe think that the portion that that the porsche ceo is the right person?ons: there has been a lot of emphasis on the personnel aspect of the story. we do believe it could be matthaeus mueller. if you think volkswagen needs to follow bob dylan's example and go electric, matthaeus mueller may be the guy to do it. but on the policy side -- and i think that's more important -- i think we are looking both forward and backward. forward in what volkswagen wants to do. how are they going to compete in america, globally, and how will they clean up this regulatory mess? looking backwards, hopefully we will get some numbers on where they are, what sort of exposure they have, what they may be setting aside, how big of a challenge and how deep of a hole they think they will have to dig out. i am moreys interested in the policies. francine? that, theon provision, 6.5 billion, it is unlikely that will be enough. more research says they will have to put aside more. this is a huge scandal. : we have 27 states attorneys general, potential criminal liability in the states as

. >> we are talking about the top three kerns of ceoes is secret service, overregulation being the topcal uncertainty across the globe. a lot of things suppressing growth. >> the reality is every business right now and for that matter government is worried about a myriad of things. china clearly, an economy that is in transition, you have to also get into the details, what's happening with the state owned enterprises the consumers. those are two different stories. you get into the issues of oil, you guys just talked about that a couple seconds ago, you get into some of the geopolitical issues and i will call it the political issues in general. the number one issue that was talked about in davos is our political issues going on right now. >> the u.s. companies, specifically u.s. ceos, what's the level of concern about the political uncertainty/paralysis in washington? >> it's pretty big. there's en certainty in terms of what the various candidates are saying and implications and how we will operate from a global perspective, what will happen in terms of trade and cap issues. >> let's pu

well, when tesla ceoe lon musk is involved.he use of the world recall. phil lebeau is live in chicago with more on that. >> basically what it comes down to is that tesla had a remedy, a fix for the charging station. basically sending a new adapter to model s owners and it was listed on the government website for all recalls, therefore, it's considered a recall. musk is saying, look, we're not telling people to bring the vehicle is, in model s. it shouldn't have been called a recall. that was part of the news yesterday when he joined us on the "closing bell." another part of the news is he said tesla is on track to build 800 cars per week by the end of this year. he sees model s demand growing in europe and china sales are just beginning. >> we expect to start shipping -- putting cars on a boat essentially in about a month. and then we're hoping to make our first deliveries in china in march. not 100% certain but hoping to do that. i think towards the end of this year we'll see very significant sales in china. we're seeing a tre