slight decline over a jp morgan. at the commodities business was a star when it comes to their trading business. they got into the nickel market in the first quarter. tom: let me interrupt you. wall street firms and commodities, is that all the rage now? you are so good at looking out a year. is that we will see in 2023, re dux of the commodity boom of 40 years ago? sonali: this could be a double-edged sword. people making money on the volatility but also seeing losses. jp morgan yesterday with that nickel exposure, credit cost of $120 million tied to the chaos here. banks are looking to make markets. if you trade the wrong way, you know you can lose a lot of money just as easily. not to mention these banks have been trying to stabilize their revenue, goldman also adding to that consumer involved division, tacking on some acquisitions. lisa: shares up to percent after reporting earnings, even with some pitfalls in investment banking. overall, equity trading beating. i wonder if we have overpriced that the client and w

a motion? i think commissioner morgan was going to make a motion. >> commissioner morgan: yes, i'd like to makeon for us to adapt this new legislation or however i should phrase that. recommend this new legislation. i'm a proponent of it. i'd like to make that motion. >> president feinstein: all right. and is there a second? >> commissioner covington: i second. >> president feinstein: thank you, commissioner covington. >> clerk: i'll do a roll call vote. [roll call] >> clerk: the motion is unanimous. >> president feinstein: thank you, and thank you to the fire marshal for all his efforts. >> clerk: item 7, agenda for next and future fire commission meetings. discussion regarding agenda for next and future fire commission meetings. >> president feinstein: do we have any public comment, madam secretary? >> clerk: there is no public comment. >> president feinstein: all right. public comment will be closed. let me hear from my fellow commissioners not in any particular order. is there any item that you would like addressed on our next or future meeting agenda. is that commissioner covington? >> com

bit of a next bag. jp morganthe largest bank in america by assets, was forced to contend with a lot of these macro challenges going on in the u.s. right now. questions about the fed. how quickly is the fed going to act? questions about something that happened in q1, russia invading ukraine. that through a lot of uncertainty about sanctions, trading and that deal pipeline that we have heard so much about going into 2022. looking at some of the specifics, let's start with the bad. we had profit dent 42% -- down 42%. we had that $542 million loss. we also have $900 million set aside in case of loan losses going forward. that is a bit foreboding, but there was some good. trading in some areas beat expectations. you had total loans up 6%. when you look at what jamie dimon was saying yesterday, what his general mood was, he did seem to have a general sense of at least tempered optimism. that could give us some indication of what we are going to hear later today from some of america's largest banks reporting. manus: i'm

a familiarface at the centre of it. welcome to viewers around the world, on piers morgan and i'm uncensored. elson mandela might have said, it's been a long walk to freedom of speech. and i'm back with a nightly form of fabulous guests and yes, some fun. talk tv, twitter, cnn plus, in a broad way these are all parts of the same challenge as we try and work out how we are going to consume news and discuss the news in the future. where will we be doing that, which companies will we be paying for their services? let's begin with vivian schiller, executive director at aspen digital. vivian, you've held senior positions at cnn and twitter so you are a perfect person to start with. were you surprised by those two stories? one of them i saw coming a mile away and the other one took me completely off guard, is the summary. the mile away is cnn plus, it was always a dubious proposition. well, notjust to me, many felt that way, that you can take a product that people watch for free that it is had declining viewership and get them to pay monthly to get more of the thing that they could get for free. it'

i'm not a big fan of piers morgan but i do think in terms of the business strategy, it makes a lot ofs the idea of, let's test and learn along the way what the business model works. and one part of the business strategy is to build a tv network and a product around one individual. to what degree do you think that points the direction of travel that increasingly individuals may be as important or even more important than brands? yes, i think we are seeing that. there's all these newsletters, the journalism themselves are becoming conduits of the news they are stars, piers morgan's is very well known in the states. he used to host a show on cnn. he's actually going to be broadcasting on fox nation which is fox news is streaming offering. they actually told me they don't consider fox nation a new streamer, it's a lifestyle network. so i think that's kind of interesting. this weekend there is the white house correspondents dinner in washington where news and the future of news will be discussed by the great and the good. they'll be politicians and joe biden they are kind of sitting with d

morgan was drawn right away to skylar. did she kind of light up a room? morgan was drawn right away to. skyler >> oh yeah, the giggle and a laugh. the girls families became good friends as well. morgan's parents, dave and cheryl, say that morgan and skyler were like sisters. >> what are your memories of skyler when she was this high? >> she giggled all the time. it just filled our house. >> she had the biggest guys. you would just want to hug her. >> they were good girls, got good grades, and morgan dreamed of becoming a meteorologist. skyler, a criminal lawyer. they also had a packed, that they would always be there for one another. >> and you would both be in each other's wedding parties? >> everyone had a sister to put in their wedding and we had each other. >> as freshman at morgantown's university high school, the two girls drifted apart a little. with a new school came new friends. classmate daniel hovater said the bubbly skylar fit in right away. >> friends came first for her. she was always about hanging out with friends if she didn't have work or

a. jp morgan has wrapped up its earnings call. e first of the big wall street banks to report earnings. its results were marred by a $524 million loss tied to russia's invasion of ukraine. here is what jamie dimon had to say on the earnings call. jamie: that is another huge cloud on the horizon. we understand it. i can't tell you the outcome of it. i hope those things go away, we have a soft landing. i would not bet on all of that. guy: let's talk about what we heard on the call. bloomberg's wall street correspondent, sonali basak, listening and bringing up the takeaways. jamie dimon, obviously the rest of the crew. talk to us a little bit about what we heard about volatility. because jamie dimon and the rest of the team went through a whole range of issues, and if you pull them altogether, how much visibility do they have as to what comes next? sonali: that is a great question, because there is not a great sense of volatility being good or bad for banks and the market at large. we have talked about this before, the idea of gapping

jp morgan, spot on with earnings. following a report from delta airlines, which is maybe the spirit of america in the pandemic. ken leon is with us from cfra. futures up 18. what is jp morgan doing now? we go to sonali basak and her first blush of the headlines. 78 headlines in three seconds? sonali: the good news is trading is better-than-expected, both in fixed income and equities. the bad news is provisions from low losses are higher than expected. as loans are growing they are going got a slightly slower clip than in the fourth quarter. 5% growth in average loans. that compares the 6% last quarter. are they going to go where wall street was hoping? tom: let's cut to the chase. every report i have is dealmaking is flat on its back. is it? sonali: debt underwriting, where jp morgan is the behemoth, that's going to reach $100 billion this month. that is after the first quarter. the jamie dimon outlook on whether corporations are preparing their war chests for the tough times ahead will be -- tom: do you see anything in these hea

if this thing comes down it looks like this is mainly focused on morgan stanley just given their role in block trading. goldman sachs is aer firms, but i hear if just based on my sources are telling me, that they expect morgan stanley to pay a fine. how big of a fine i can't tell you. usually there's unusually some sort of agreement to better your practices on block trading. again we don't think this is a criminal case. my legal sources who are involved in this thing and there's a lot of firms that are involved in this because the sec investigation, basically they first covered every firm. it went on for i heard years they've been looking at this stuff. it picked up during the bill hua ng investigation, as you know, today was indicted on securities fraud charges. liz: arrested. he's been released on bail. charlie: now how does that have to do with this? he was a major client of major firms so that caused him to speed up essentially and gave impetus to this broader look at block trading and whether inside information is filed or is shared. now i just want to say i don't have the charges in front of me. i can't guarantee m

let me just give them a morgan. they of course just don't use the mortgage disc. christy is this bill. imagine the resolution of my dealer. she thought you'd say that the why sheila read them could was it a see at the beginning senior what took a what lay? it doesn't look got to see this is congenial. was all this could be a night in the garage eat. just give you a little while you're in the exhibition of crime. yes. just really chill over. it just shows jesus. i knew my spot of them lay a bill for the long gave common get them or the 3. it's in web for my water out. rush, hold audrea, and after my teacher ski nymphs build massive alpha out me die. no for 10 millennium alopecia from all resided marco chile. those now was thought that you whole is i can't was but as those new b m. m at us pollution in a flanger predominate as follows on it, back so on you mo, chart dobbin years now. yeah. again accorded site your volume. it gave it so, but, but on of me north e. r dodson does follow. yes. iq faxed on might be, can you been in touch with berry or derek? but he hasn't

we get jp morgan earnings and delta earnings. a tale of two different economic stories. tom: both show the resiliency of jp morgan through the panic and all is well. delta airlines. this goes back to a conversation i had with mr. bastion two years ago. he said domestic comes back and international will take some time. my tone is take some time is now. lisa: that is the message from delta's statement. they talk about an accelerating return of business travel as well. provost consumer demand that echoes jamie dimon talking about a healthy consumer. what is notable is they say they are successfully recapturing higher fuel prices because that is a headwind the airlines have been facing. delta flying in early hours. a big beat or narrower loss than effective. tom: linking the eco-battle with the reality of how people react. maybe the banks will cut costs. bastion did not mince words. he needs 10,000 bodies. lisa: the airline industry and banking industry are two completely different world which are giving us a similar story, which is a high degree of uncertainty about consumer

item 8 adjournment. >> all right. >> i move we adjourn. >> a second. >> second. >> seconded by commissioner morgan. >> and -- let's -- i have a vote on that. did you want to make your announcement. >> i think after the volt i will. skwoo okay president feinstein? >> adjourn. >> vice president nakajo? >> adjourn. >> and i would like to say always with a heavy heart when things like this happen and -- the fire department is -- a big department and a small department. and has arc lots of diverse people in it and -- a lot of -- people that comprised family away from their family. and although eric deng was not a firefighter he was a part of that which is necessary to make this department department it is. i would like to adjournment and record in the his memory. and i think that -- the chief and announce am should be heeded by anybody that can help the family out really should give consideration for that. because it -- it is really a tragic loss to the department. must be really horrific for them. so in his honor and with our deepest condollences and sympathy y we will adjourn at this time. i thank ev

a morgan is wanting developments from cartoon r sedans, capital. he better talk her through the significance of this trial. the 1st trial looking at atrocities committed at dar for while the trial was the 1st of its kind for those who have been accused of work crimes and crimes against humanity in western region 4 come just the year after the pre trial hearing with $31.00 cases of crimes against humanity were confirmed against an equal shape . now this is significant because people in dar 4 have been demanding accountability since the war started. they've been recounting the horrors of the word. that is something that we heard in the opening statements of b, prosecutor general, who, who brought back their counsel. witnesses who saw that, who said that they saw people being killed, women being raped, children being burned all the testimonies. and he says that witnesses will be as well, talking and recounting them themselves. so lots of horror. so people in dark or haven't been demanding accountability, not just against shape who has been, who was ar

a. morgan reports from culture. it's almost 6 months since the dance military received power and the opposition remain focal on wednesday, protestors in the capital cartoon. and several other cities, once again took to the streets to voice their anger at the military and demand they handle power to a civilian government. the address sal and lit up on in her son we came out to send a message to the military who are in power around the country that we want a pure civilian government. the army should return to the barracks, no militia can rule the country. and i think that is a very clear message don't process. those are also commonly rating the 3rd anniversary of a sitting in front of the army headquarters that sits in let the military to depos longtime president omnibus year after month of protests and signed a power sharing agreement with the protest movement. an agreement that was dissolved when the army took over last october and had got an empathetic of it. then we made a huge achievement in 2019 and ended a rati

the order from amazon, by the way, is for 100,000 of those electric delivery vans that's a nice backstop, morganervations, if you will, for the r 1t pickup truck and the suv. again, this is a case where the company, the stock is trending lower today but this is a case where production will be the ultimate judge of how this stock moves as they ramp production, meet targets then you should see it start to improve a little bit. morgan >> phil lebeau, thank you. >>> we have been talking about him all morning, again elon musk, we're going to stick with him we're going to put the twitter takeover talk aside, though. one of the billion's own companies is in focus this week as well. spacex launching a spy satellite to orbit for the u.s. national reconnaissance office yesterday. reused falcon 9 rocket carried the payload. from the space force base in california after separation from the upper stage, spacex successfully recovered the booster. again, the 114th time a booster has been recovered by spacex the first time the nro green lit a launch using a previously flown rocket as well this was spacex's 14th

"that was a great interview," morgan says in the audio at the end. trump agrees with a "yeah. ou very much, i really appreciate it," morgan says. genuine fights don't end with, "thank you very much, i really appreciate it. you've never seen a 10-minute fight sequence in a movie with the rock and vin diesel punching each other on top of a train, dodging bullets, laying flat when they go through a tunnel, popping up again, doing a windmill kick to the other guy's face that sends him flying off the train, leading the other guy to relax and assume the fight's over, only to realize it's not over because his nemesis climbs back up onto the train after having clung to a door handle, so they fight for another 10 minutes until both of them wrestle each other back and forth and fall dramatically off the train as it crosses a river and continue punching in midair as they plunge 100 feet into the icy rapids, which send them tumbling towards a waterfall where they cling to a rock until they lose their grip and then they grab on to a tree branch, narrowly escaping death, and then they turn t

war and we have a lot of things that we can do and we do them fairly quickly and if we don't do a morgan of a country left with the close the borders, with the people, and only legally. we have so many things. there's never been so much destruction done to this country so quickly. >> mr. president we always thank you for being with us i can't say this one last thing you've been on the phone with us for about 40 minutes, someone around there i can tell this country that joe biden would be totally, completely incapable of discussion like this. that speaks volumes they get so

>> no. >> i'm going through this right now as everybody else is he has a morgan stanley debt commitmentwould provide $13 billion in financing for potential deal that includes a senior secure term loan of $6.5 billion. it looks like other things, as well a bridge loan up to $3 billion unsecured bridge, as well, of $3 billion. so $13 billion in what they're calling committed financing from morgan stanley in a separate commitment letter, he'll get a margin loan for $12.5 billion margin loans and otherwise made available to purchaser. it would be on his tesla stake some specifics from mr. musk in terms of how he would go about financing a twitter bid. it's a question we've had. not that we didn't have the wherewithal to pull it off but how he would choose to do so would he margin more tesla stock. have unsecured lending what would morgan stanley be willing to step for? we'll look into it it adds up to a decent amount of money there. something the twitter board has to consider as it potentially begins discussions with him. i believe he does say that haven't had much of any back and forth yet

let me just give them a board in their cost if consciously. morgan, disco, christie, is this bill? imagine the resolution of my dealer. she thought you'd say that the y sheila lead to them could, wasn't a see at the door. they didn't see what the doctor would lay a w got to cbs. can senior was oldish, could be a night in the garage eat, trish, give you a little more just in the exhibition of crime. yes. just really jello. it just shows jesus. i knew my spot of them lay a bill for the long gave common get absorb threats in nevada. so my water wash hold rosier after my teacher skin nymphs build massive alpha out middle ye no for time as well on your mouth is from whole was i'd use like ot those now was thought that youth, coal is i can't was but as long as new b, m m as follows enough longer, but it on that as follows on it back so on, you mo, chart. stop in years now. yeah. again accorded site the apollo method. it gave it so, but, but on of me north e. r dodson does follow defeat faxed on march began. you been in touch with berry aud deshar, but he hasn't typically made to up the qu

morgan mean for a very turbulent nickel market? think it is hard to overstate how important jp morgan is in the middle market. there are not many banks trading metals in a serious weight, jp morgan is the largest by far. we were reporting the story this morning, they are doing due diligence on a number of commodities clients and looking at financing transactions. jp morgan says it is committed to the commodities business, they are not pulling out of commodities or anything like that, but nonetheless i think it is a sign that with the enormous volatility that nickel is the canary in the coal mine. you look at aluminum, zinc, wheat, commodities have been exceptionally volatile and that means it is more expensive to trade commodities. and what you are seeing is a huge reduction in liquidity in commodities markets. it may not be on the radar of viewers, but you have a burgeoning financial crisis in commodities. bid ask spreads are widening, volumes are down, commodity markets are flashing some warning signs. francine: we could see big

a morgan has more from sedans, capitol, while the trial was the 1st of its kind for those who have been accused of were crimes and crimes against humanity, incidents, western region of the 4 come just the year after the pre trial hearings with $31.00 cases of crimes against humanity were confirmed against an equal shape. now this is significant because people in dar 4 have been demanding accountability since the war started. they've been recounting the horrors of the war. that is something that we heard. and the opening statements of the prosecutor general, who, who brought back the counsel, witnesses who saw that, who said that they saw people being killed, women being raped, children being burned all those testimonies. and he says that witnesses will be as well talking and recounting them themselves. so lots of horror, so people in dar for having thing and demanding accountability, not just against shape who has been, who was arrested in 2020, when he had himself over to the international criminal court in central african republic after he fled from sudan. but people end off or have b

it's now become a global transportation model. morgan radford was there. >> reporter: the town of huron, california, was once a transportation desert. now, it's part of an electric vehicle revolution so, david, are these all electric vehicles? >> they are. they're all electric vehicles >> reporter: known as green raiteros, the program now uses a fleet of electric vehicles funded by private donations to give free or low-cost rides to residents like gregory hernandez lopez. and this man both former farm workers who now ride several times a week to the nearest dialysis center 25 miles away [ speaking foreign language ] >> everybody is working, so you don't have a chance to take off to take your family members or friends to places, help them get there. >> reporter: this man started the program as a non-profit in 2018 >> we've been doing this for a very long time, long before uber and lyft we just didn't have the resources. >> reporter: it's a new ecofriendly take on an age-old tradition for a community of mostly farm workers in a city that's

why goldman sachs is at a 52-week low versus a morgan stanley. what do you think? >> well, so that's interesting you're saying is it cheaper for a reason because it's growth is not as robe ust over the last fr years. if you look at the history of goldman and where they made their money, they're strong reformulate and reimagine the company to some extent, but i understand what pete's saying and one times booked isn't a lot for a growing financial, and i think that's a reasonable purchase and entry point right here >> i think we've got pete back carrie approves of your purchase just yesterday when we spoke about the markets you couldn't find a single stock to buy, what else is on that list of yours? >> we were talking about that yesterday and best buy was one of the names i was definitely looking at there's a few names and multiple names each and every day and sometimes something else pops up, but the reason i wanted to make this move in goldman was it just seemed like the right timing considering the fact that we have seen so much punishment dealt

morgan stanley. for citigroup, even with a slight decline, they beat expectations. ties, morgan stanley taking the lead again, with almost 3.2 billion dollars of equity trading revenue in a tough environment. guy: these banks used to make a lot of money in russia. they will not make that money going forward. what we have learned about the exit going forward? sonali: we are learning how the losses are being contained. citigroup was the most exposed and their exposure has dropped $2 billion to about $7.8 billion. they still have loans, counterparty exposure in derivatives, but it is much more contained and we know that it is about $1 billion for the russia closure alone when it comes to citigroup's positioning. another $900 million when it pertains to other risks surrounding the uncertainties of the ukrainian invasion. kriti: there's a massive debate -- are we in for a recession? does that on the horizon or are we simply in a slowing growth environment? where to the banks stand on that? jamie dimon has been vocal, saying the consumer and the economy is fine. what are t

global news 24 hours a day, on-air and at quicktake, powered by more than 2700 journalists and analysts in over 120 countries. >> we have more on the big u.s. bank earnings, jp morgan is warning of storm clouds in the horizon. a look at the broader earnings season and how to navigate that volatility. the chief strategist from chief asset management. this is bloomberg. ♪ shery: the start of the earnings season, let us bring in our next guest to expects an reversed first quarter for earnings. matt, good to have you with us. before we look ahead, what happened today, we have the ppi numbers jumping at a record. yields fell and stocks rose? >> it is the counterintuitive fitness of the market -- it is the counterintuitiveness of the market. what you see is a marriage of the sticky and non-sticky part of that number. when the curve is coming in like that there is a point to say this is going to impact the economy outside of 12 months. you saw the fed being stuck and it has crated a recession so there is a risk off scenario coming into the treasury. with the spike in yields, at the beginning of the year, from an international perspective, treasuries look a bit more palpab

a lot of savings were built up during the pandemic. j.p. morgan has been a beneficiary of that.amie dimon was very right that you could have it both ways. tom: doug kass will be joining me later and he is heated about the tone of the dimon letter with the technology that jonathan ferro mentioned. -- the end of technology and the internet, the ethernet culture. his j.p. morgan at risk of being so dominant that nobody else can win? marcus: that has for sure been for quite some while. any of the decent ones tend to get snatched up. there is a much a risk of that, and we should be very aligned to that risk. j.p. morgan has the muscle and the money to spend. normally you can keep throwing money at it and j.p. morgan has -- and that will benefit exponentially more as we have to watch out for that risk. jonathan: it would be rude not to ask you about the ecb and what it might mean for the banks in europe, to get back to zero on the deposit rate. how big would that be. ? marcus: it would make me very happy man. i am a big fan of negative rates , just being paid to borrow in europe, it i

but there is a gap and, you know, morgan pointed out that there is head winds to copper demand right orward, there may be new headwinds, but if you could foresee a future of where some of those get resolved and some of the supply chain issues get dealt with, china deals with its property markets, et cetera, i honestly believe we're headed for a very positive time for copper producers and freeport's copper company in the world. >> and another at least short-term problem would be labor in the u.s what are you seeing there in terms of the ability to get workers and how are you dealing with it? >> yeah. you're right david, it is more an issue in the u.s. we just had new labor contracts in indonesia and peru. about a third of our copper comes from indonesia and a third from the u.s. and a third from latin america. the u.s. is a challenge and we're having to take steps to recruit people and pay people to attract them and invest in living facilities and recreation facilities so it is a -- it is really an ongoing challenge in our business and we're like other companies but our minds are locat

a breach of sanctions. goldman, citi, and morgan stanley are next to report. gains in the s and p and on the nasdaq are very pronounced. yields were lower and that led to a supportive environment. some investors are starting to bet that inflation is starting to show signs of. eking. -- show signs of peaking. the ftse 100 currently range bound. you're looking for the geopolitics as well and the focus on china. chinese markets performing well on the back of a potential stimulus or cuts to the rrr ratio as well. president xi jinping coming out to say that the zero covid policy has to be maintained. still focused on the policy response out of the pboc. the cac is gaining 0.2% and we continue to keep and i on the earnings picture. the german dax is gaining around 0.2%. the spanish ibex is a range bound. let's move and see how things are playing out across assets. it is worth mentioning that the nikkei performed well in the sanction -- in the asian session today. we see gains on those futures. we look at the front end of the yield space because that is where we saw t

i have a spot on piers morgan uncensored. america loves a comeback. ere i am, baby piers morgan uncensored streaming weeknights only on fox news. you can't cancel me. so your home is expensive and stressful. so we set out to create a better home style experience with a network of the most successful real estate in america. it'll sell your home for as little as a two percent commission. the icing on the cake would be ideal agent is that we say twelve thousand dollars in commissions. we would definitely was ideal age and it got the whole process was so positive. excellent, excellent service getting right to the point hiring ideal agent. i wish we would have done that sooner and we would have saved six months of time and mortgage payments that would have probably never happened. we would have just come with him first. they were so stress free the whole process was amazing and i would definitely recommend that . we certainly recommend that i be , you know, to over and over friends. it's just a great experience. we are not a discount brokers. these are topi

a long time in fixed income. they still were this time around. morganey has shown over time to make that a bigger business. if you are talking about the archegos hit another thing i want to talk about is the fact that prime balances have come back in the middle of a rocky quarter. you and i have been talking about this a lot. the buy side was very shaky. the performance you saw in macro funds has shown in the bank trading businesses as they have made markets as well. kriti: speaking of making markets, windows that stop? when it comes to the treasury market, banks are primary dealers. in an inflationary environment, a volatile environment where moves have been among thin liquidity how much longer will they play that role? sonali: market strategy has changed so much. there is another story on the terminable about pay interns are getting. i want to really quickly, because you asked, point back to what jp morgan was saying yesterday about this. the idea that there needs to be liquidity at the front end of the curve. interestingly, a very highly red story ye

she'll be sentence on july 11 a morgan norwood abc news, los angeles a man who has spent more than 30as officially been cleared of the crime joaquin. syria was exonerated in san francisco superior court today. assyria was arrested in 1990 for the shooting death of felix pastorica in san francisco's so much district it has now been proven that besterica was actually killed by a mutual acquaintance of both. he and syria according to the northern california innocence project police relied on rumors to target. syria and coerced another man to falsely name syria as the gunman syria's exoneration is the first by the san francisco da's office innocence commission. i want to congratulate. syria and everyone who worked so hard to write this miscarriage of justice who had the patience and the fortitude. believe that justice would one day be served. serious exoneration comes 32 years to the day after he was arrested for the crime. a historic house purchased in the east bay targeted by vandals with the graffiti could mean and the promise to never forget the great quake of 1906 back in a moment. ♪

war and we have a lot of things that we can do and we do them fairly quickly and if we don't do a morgana country left with the close the borders, with the people, and only legally. we have so many things. there's never been so much destruction done to this country so quickly. >> mr. president we always thank you for being with us i can't say this one last thing you've been on the phone with us for about 40 minutes, someone around there i can tell this country that joe biden would be totally, completely incapable of discussion like this. that speaks volumes they get so much for being with us. okay that's all the time we have left for us this evening set your dvr never missed an episode let not your heart be troubled. the ingraham angle's next we will see you tomorrow. ♪ ♪ >> laura: this is the ingraham angle from washington. we begin tonight with a question. why are government officials and the media hiding the truth about the new york subway shooter? late last night the disturbing video posted online by the now arrested suspect frank james appeared online and they speak for themselves.

a huge fan of yours. i appreciate it. howard: you can watch the piers morgan tomorrow on his fox nations show. after the break glenn greenwald versus elon musk, a top journalist says they're fed up with the toxicity of twitter. ♪ three days. instructor: come on milwaukee! i see you! after riding twelve miles to nowhere, i'm taking a detour. and if you don't have the right home insurance coverage, you could be working out a way to pay for this yourself. get allstate and be better protected from mayhem for a whole lot less. i'm steve. i lost 138 pounds in 9 months get allstate and be better protected from mayhem on golo and taking release. golo saved my life. i was way overweight, and that's what sent me down the path, was i--i wanted to make sure and live for my kid. plain and simple. you're a one-man stitchwork master. but your staffing plan needs to go up a size. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire do you have a life insurance policy you

drive-by shooting was granted more time before his plea hearing harry blocked a appeared virtually in a morgan hill courtroom today. the 43 year-old faces a felony charge of lewd acts with a minor supporters of alaska as say goulart hayes release is unjust. the crime like that against a child and then some 8. believes in the justice systems and it fails and they have to take justice in their hands. >> where the world is right now. >> goulart hayes lawyers asked for a continuance in the case today. the judge to prove that and said a plea hearing for june 6th. prosecutors say goulart hayes victim was a 4 year-old relative of came to alaska's. >> the big story we're following for you tonight. police in new york have arrested the suspected brooklyn subway shooter. 62 year-old french ames was arrested today after allegedly shooting 10 people on a train yesterday. originally james was identified as a person of interest before becoming a suspect. nypd says that james was stopped on a street after a crime stoppers tip about one 40 this afternoon eastern time initially he was spotted at a mcdonald's, b

harry goularte to a pair appeared virtually in a morgan hill courtroom yesterday. he faces felony charges of lewd acts with a minor supporters. supporters of alaska's, though, say it's not fair that clardy was released on bail, but alaska's request for bail was denied. the crime like that against a child. and then some 8. >> believes in the justice systems fails and they have to take justice in their hands. where the world is right now. >> plea hearing is set for june 6th. >> 8, 0, 8 is the time right now. we want to give you the latest. what's going on with the big story out of new york after the subway shooting. 62 year-old frank james is going to appear in court before a judge this morning. yeah, he's the man arrested by police for shooting 10 people in that subway train in brooklyn was on tuesday that it happened. that skaters say james called in. >> the tip that led to his own capture from a mcdonald's. we've got pedro rivera with more. >> new york is. >> we 30 hours after firing 33 shots in a brooklyn subway car tuesday morning, frank james, the suspected shoo

i'll tell you someone i really admire who, for example, jean strauss spent 14 years writing a biography of jp morgant's a brilliant book. and it's a tortured book. because she wrote a book or, as i understand it, the better part of a book, about jp morgan, and then she had the intellectual honesty and the unflinching integrity, having done all of that work, to conclude that once what she'd written was fundamentally at variance with the jp morgan who she was discovering by going in a systematic, thorough way through his papers, three material that had not been utilized in the past. she was willing to revive her vision of him, in effect. and that's, you know, you've got to admire people like that. i mean, there aren't a lot of people like that. anyway, so the consequence was it took her 14 years to write this book, which i think is universally regarded as the definitive work on a, on a very -- look, she -- she was willing to accept complexity and nuance. morgan is one of the classic gilded polluter crowds who invite caricature. i mean, he was a caricature himself. if you look at the pictures and you k

state football paying tribute to their former star, writing simply "leader, legend, forever a buckeye. morgan chesky, nbc news >>> there was another first in outer space today when four private citizens arrived at the international space station. jesse kirsch has more. >> six meters and closing. >> reporter: history in space yet again. the first fully private astronaut mission to dock with the international space station welcomed aboard. >> copy that hatch open >> and there we are. >> reporter: nasa and spacex helped get axiom's four-man crew to the iss but first houston had a holdup >> expect a hold at way point 2 for iss troubleshooting. >> reporter: a video issue this morning forced the spacecraft to wait about 20 meters from the iss for nearly an hour before officially arriving. >> complete. >> reporter: the ax-1 mission crew includes commander michael lopez-alegria, a retired nasa astronaut. but the other three are customers. each paying $55 million for a ticket to the stars. >> i'm thrilled and honored to be up here the responsibility is for this first civilian crew to get it right. >>

she is the co-ceo of ariel you investments, a minority-owned investment firm in chicago, and she is also chairman of the board of starbucks and jp morganyou i had a chance to talk to her about her incredible business career and now, her incredible philanthropic career as well. right now, you are the chairman you of starbucks. you are, i think, the only black female who is a chairman of a one you major fortune 500 company. is that right? mellody: correct. david: is that a surprise to you in this day and age that not another black female is a chair one you of the public company? mellody: yes. absolutely. i think it is quite disappointing. david: do you see any progress in this area? mellody: i don't know. no there may be other people headed out for the chairmanship, but the idea that i'm the only one today, the second only in history. ursula burns was the executive chair of xerox. that is a poor statement about our society and where we are when it comes to race in the country and gender. david: you have been active in trying to get more african-americans on corporate boards. in fact, you have a conference that you host -- mellody: i inte

b of a notes a record first-quarter for advisory fees. >> it jumped very significantly over at morgans well. the reason investors are really shaking this office because there's a lot of telegraphing that investors, big corporations are just prolonging their deals. we have still seeing very large deals announced this year. deals in the debt market started jumping back where bank of america is usually top two alongside jp morgan. jonathan: you mentioned the keyword investors. the way investors see things are not exactly the way ceo sees things. the banks aren't rewarding them at all. investors rather. >> these banks are very sensitive. there's a lot of federal reserve research that shows that when the yield curve is this flat, it really can incentivize risk-taking as well as a road and that interest margins that investors were looking for to bring those banks back up. donovan coat wall street correspondent. i will go through the numbers. 80 since getting stuck an estimate of 74. stock over the last month has been really difficult did struggling one positive day this month for bank of am

morgan? sonali: bank of america on monday. four tomorrow. it will be a long day. man sachs and morgan stanley reporting at the same time. that will be a lot to absorb. we want to see competitive training here -- trading here. it did not fall near as anyone expected. it only fell about 1% which is good for goldman. matt: we were looking for a drop in the beak the street's estimates by like $1 billion. sonali: that's a good sign, especially currencies and emerging arc is for really solid gains. citigroup is another place that could bode well for trading if they are able to keep those numbers. the other thing jp morgan said that was positive about prime balances that are high. the buy side is also ready to be taking risks. to be clear, volatility is a double-edged sword. they took losses tied to the russian securities as well as that big nickel client, $220 million loss. jon: when i was listening on "surveillance," you highlighted the loan growth component. it is hard not to think is a good to the other bank earnings everyone will look closely at that as a gauge of wh

give us a sketch about why j.p. morgan is doing this. >> this is a very big move. a nice group.ying to increase their due diligence on existing clients in the commodity space. that includes metal traders just to get a better handle on the risk. j.p. morgan is in very deep in this business. they were the big counterparty traders last month. the nickel market blew up. trading with the chinese trader that was not involved that day. we just want to see if there were any other big whales out there that they need to worry about. >> what is the impact on the market? what about liquidity? how is this playing out? >> it is all about liquidity. j.p. morgan is the biggest trader in the middle space. very big in commodities more broadly. they are hinting they may pull out a little bit. if you have less liquidity, that adds to more volatility. this is a market that had no shortage of that. they are still up 60% on the year. we may see more volatility coming out of this to come. >> thank you david. bloomberg's asia finance premier editor. let's look at where markets are. asia is under pressur

but h in tour right now where he's told his fans he plans to address the situation at some point a morganwood abc news, los angeles. all right sports now opening day for two bayand five giants right home against the miami marlins abc 7 news reporter cornell bernard live from just down the road at oracle park and you want to talk about a near perfect day for opening day cornell. dbt autis back folks slowly heg home today, you know inside coconut restrictions have been lifted and everyoneeeling a lot of positive vibes today. right here. there you go. enjoy. the game giants baseball is back and so are the fans opening day 2022 finally here. go daniel sotero from san francisco brought his daughter abigail. he loved the giants 100% the giants it's been it's been really cool to bring her. i have this annual tradition of never missing open. a we have good memories. yes, we cut a homerun ball against the marlins like three years ago. speaking of 2019 this opening day feels very pre-pandemic this year. most covid restrictions are gone inside oracle. it's nice to have that sense of normalcy again a

barbara visa was saying he does a quite a morgan's mom who doesn't want to talk to, you know, people he doesn't deem interest or for him ross abroad. and he's the mom, he's the euro 5, he's the man of the this call of the sub on the sub, on the speech he gave on the future of europe and the future of france in the european union in 2017. he's also demanded who could talk to donald trump and donald trump for president. he's the man who happened to the very last moment wanted to talk to vladimir putin before russia invaded ukraine. whereas marian lopez is quite popular at home. i mean, we've seen the quote to a french people who are quite happy to see her as a possible president. she's not so popular, at least in western europe. it's a different story in eastern europe. she's very popular with other us skeptics within the european union. but for example, you were asking how she's seen outside the little vote. we haven't mentioned that yet. she was quite embarrassed. a month ago, a little over a month ago when russia invaded ukraine, because in her campaign program where she put a pictu

what you are seeing is a greater degree of care in terms of -- taylor: we spoke with someone from jp morgan few weeks ago and he said the selloff was so severe valuations were so attractive it was hard not to jump back into the credit space. as you look at spreads, how are you viewing credit? >> the initial conditions matter a lot. typically, whenever you get a potential slowdown in the economy or the fed is hiking interest rates that might induce a slowdown, you tend to look for places of weakness, overleveraged. we don't have a tremendous amount of that. we have a lot of debt, but the servicing costs are really low. corporate balance sheets are flush with cash. delinquency and fault rates among consumers are very low. there's not an obvious catalyst what would drive default risk. the two sectors that do that are financials and energy. energy is strong because of prices. what that means is that even though the yield curve might be indicating there could be a slowdown in a year, the real issue is that it might be a mild slowdown. if we get a recession, it's a mild recession. what that also

a new chapter in investing. [ding] e*trade now from morgan stanley. t mariupol is the heart of our country. and ukraine is the heart of europe. when the heart stops, then the viability of our country will stop. >> that was the mayor of the ukrainian city of mariupol, vowing that his country will do everything to keep control of that city. but this morning, a new phase of this war is beginning. ukraine's president zelenskyy says russia's new assault against eastern ukraine has begun. it comes as president biden meets with our allies about stepping up support for ukraine. and how to further hold russia accountable. nbc's matt bradley is on the ground in ukraine's capital city of kyiv. i also want to bring in nbc news national security analyst clint watts a former infantry officer and william taylor, former u.s. ambassador to ukraine. zelenskyy says ukraine will fight and not give away anything ukrainian. what are you hearing about how that is happening? >> yeah, it's unclear how that's going to happen if the fight in the east really does pick up in the s

a new chapter in investing. [ding] e*trade now from morgan stanley. e than just an investor, you're an owner with access to financial advice, tools and a personalized plan that helps you build a future for those you love. vanguard. become an owner. i brought in ensure max protein, with thirty grams of protein. those who tried me felt more energy in just two weeks! (sighs wearily) here i'll take that! (excited yell) woo-hoo! ensure max protein. with thirty grams of protein, one gram of sugar, and nutrients to support immune health. ♪ ♪ ♪i'm so defensive,♪ ♪i got bongos thumping in my chest♪ ♪and something tells me they don't beat me♪ ♪ ♪ ♪he'd better not take the ring from me.♪ there are lots of choices when it comes to your internet and technology needs. but when you choose comcast business internet, you choose the largest, fastest reliable network. you choose advanced security. and you choose fiber solutions with speeds up to 10 gigs available to more small businesses than any other provider. the choice is clear: get unbeatable business solutions from

spent 14 years writing a biography. of jp morgan it's a brilliant book. and it's a tortured. book because she wrote. a book or the as i understand it the better part of a book about jp morgan and then she had the intellectual. honesty and the and the unflinching integrity having done all that work. to conclude that what she had written was fundamentally at variance. with the jp morgan who she was discovering. by going in a systematic thorough way through his papers and through material that had not been utilized in the past. she was willing to revise her revisionism in effect and that that's you know, you've got to admire. people like that. i mean there aren't a lot of people like that. anyway, so the consequence was it took her? 14 years to write this book which i think his universally. regarded as the definitive work on a on a very look, she she was willing to accept. complexity and nuance that morgan is is one of the classic gilded age plutocrats who invite caricature. i mean, he was a caricature himself you look at the pictures and you know, the famous red red nose, you k