shery ahn: thank you.oming up, the japanese prime marked by rounds of golf and lavish meals -- lavish meals. the encounter will be a different story and we will tell you why next. this is bloomberg. ♪ shery ahn: this is bloomberg markets. david: we turn now to mark crumpton. thrown out a law used seriousreigners of crimes. a crime of violence was so they guess to be unconstitutional. the government doesn't have the discretion to let them stay. president trump criticizing california governor jerry brown for rejecting proposed border duties for the national guard. on twitter today, the president claimed the climate in california will worsen because of governor brown's actions. the trumpet missed ration says the governor refused terms of the initial deployment to the mexican border. nothinge official says is been decided. the leader of britain passes opposition is slamming theresa may for ordering british forces to take part in airstrikes in syria without getting parliamentary approval. today, theparliament f

shery: i'm shery ahn. faced washington, but as -- it is wall street's chance to drill these facebook's ceo. facebook is said to have replaced its head of policy in the united states as facebook scrambles to respond to intense scrutiny. joining us is then brodie, who is following the story from washington. she is also the chief privacy officer. tell us what is happening here? incomeat is aaron eight and she was the head of u.s. public policy at facebook. she is now focusing on her chief privacy officer duties. it will be more of a global role. facebook is facing not just here in the united states about enbridge analytica, but in europe and other places around the world. she will be taking on more of a global look. she is also going to be taking on the responsibilities for those notifications about people who may have had their data exposed to cambridge analytica and other things like that. she is moving over. it's possible she could come back to that role. they are putting it in interim head -- an interim h

ahn: thank you.nlikely policy inspiration, president trump is taking a page from his predecessor's playbook or the is learning just how frustrating congressional pace can be and is instead relying on executive authority to get things done. it is a -- an approach president trump and the republican party long criticized president obama for. alec from washington. oft are the pros and cons using the presidential pen here? when obama lost the senate following the republican takeover of the house, when asked what he would do now, he said i still have a pen and they still have a phone. to sign the partnership, created the iran nuclear deal, he created daca for immigrants, a number of things on his own executive authority. on the one hand, you are able to get around congress and get things done and go back to voters, but on the other hand, it is very easy for your predecessor to reverse actions. the ttp's history, the iran nuclear deal might be history. >> president trump has issued 57 different orders. ther

shery: i'm shery ahn.our, shares of iconic are falling after the cut the broncos for earnings, in part due to rising aluminum prices. taylor riggs is joining us with more. some of the tariffs are off 16.5% and operational inefficiencies they were talking about. when we look at the adjusted profits, you have anywhere from $1.17 to one dollar 27 cents, down from the earlier forecast was almost $1.50. they took quite a bit of a revision lower for this year on profits. on the tariffs, that's the story we know, one of their top suppliers, and that's interesting. gtd go, it -- was fun out two years ago when they had a market cap that was close together. with the tariffs and all the other news, they are slowly falling in the market cap is falling below that. there are a few things. with the tariffs news, aluminum prices are growing and they mentioned that. they also talked about on the earnings call operational inefficiencies. topline growing and bottom-line not growing as quickly, there is something going on

shery: and i'm shery ahn. we are seeing u.s.ng today, the dow up 1.1%, off the session high but gaining for 30 consecutive sessions. trade concerns are abating a bit. the s&p 500 is higher for the week, being led by gains in energy and materials. the nasdaq is also positive for the year. remember, tomorrow we get jobs report. we got some positive signals from the bp data yesterday. mark: the russian ambassador to the united kingdom said today the international community is under pressure from the u.k. and the u.s. to blame the kremlin for the nerve agent poisoning of a and his daughter on english soil. it is believed that countries that voted against russia's call were joint investigation written against voted transparency. >> we want to see the evidence. notant to have access, but only russia. we think it should be available for the whole world. that was the purpose of our decision. course, we are not happy with that. he says many countries doubts moscow was behind the attack, and that russia now plans to take its denials of in

shery: i'm shery ahn.nie: mark zuckerberg goes to washington, he met with senator bill nelson earlier today, the ranking democrat on the commerce committee. he will face a judiciary committee tomorrow. nelson told reporters he believes the facebook ceo is taking the situation seriously and was sincere. but warns regulation could be in the near future. kevin cirilli is on capitol hill with the latest. meetho did mr. zuckerberg and what are they saying? kevin: i just spoke with a bill nelson who met privately for more than an hour with facebook ceo mark zuckerberg. he arrived early to the meeting and they met one-on-one, according to nelson, no staffers in the room. what a talked about was really about the security impacts of facebook and how they plan to stop this from happening again. now, senator nelson said that mark zuckerberg told him that he believes cambridge analytica lied to facebook about the seriousness and a security surrounding the data that cambridge analytica had access to during the last pre

shery: i'm shery ahn.st-quarterted earnings yesterday and beat analyst estimates for all major figures. the company's stock has efforts the cambridge analytica drama began in march. earnings suggest the core business is healthy. sarah frier joins us in san francisco. we are now seeing facebook just rallying today. is that because investors don't see much risk coming from regulation? >> the rallying is more from the numbers themselves. revenue was up 49%. up in those key markets especially in the u.s. and canada. facebook spent a lot of conference calls telling investors that we have been through a lot and we are going to fix a lot. we are going to be investing even more in our future. that kind of helped investors see it from a different light. facebook's approach with has been wed users are stopping everything to try to figure this out and make sure we get this right. investors were very relieved to hear the company say they are still trying to continue to build things that people like. julie: what should

commissioner wan for her incredible support and excitement over this initiative and to commissioner ahn also for his interest and encouragement. this was very important to staff to know that the commission was paying such close attention and was challenging us and inviting us to look deeply at our own practices. i think it's fitting that after we just talked about interfaith power and light to reflect on the words of pope francis who reminds us that we must listen to the cry of the earth and the cry of the poor, that social justice and environment are inextricably linked, we cannot heal the planet if we do not focus on the people who we are serving. and that it's not enough to ask the question, how do our programs measure up? it's more that we need to do something about it. that it's not enough to be aware. there has to be deep commitment to change in our own actions and own systems. the two people you'll hear from today, soko and sraddha mehta are invested in this, they spent the last year with the government alliance with race and equity. this is a group endorsed by the entire city fa

shery: i'm shery ahn. landed inn washington and he is hoping to use his special relationship with president trump to carve out a place for europe in his america first agenda or you are seeing a live look at the air force base. washington correspondent kevin cirilli joining us from the white house with the latest. kevin, before when president trump started, we were talking betweenis bromance shinzo abe of japan. that meeting didn't seem to go so well this time around. will might be seeing in other romance, this time with the french president. how has been trying to get through to president trump? kevin: they really have warmed up since the awkward meeting of last year in italy. they are having a personal friendship that has blossomed. president trump as well as president merck on will be hit -- macron will be having time. it will plant a tree once the president arrives at the white house or they will visit mount vernon to two or president george washington's gravesite. there will be an official state dinner

♪ shery ahn: another day of markets.

i am shery ahn.: i am david westin. >> the european union says facebook has pulled up to 2.7 million people in the 20 nation bloc may have been affected by the data privacy crisis. and eu spokesperson says facebook confirmed that number in a letter. >> it is already clear that this will need further follow-up discussions from facebook on the changes. on the new european data protection rules and broader questions on the democratic process. >> the eu commissioner and facebook coo sheryl sandberg plan to speed by phone next week about how to strengthen data protection. in the u.k., the poison former russian spy is no longer in critical condition. doctors say he is responding well to treatment and improving rapidly. the british government has accused moscow of being behind me nervous and poisoning on him and his daughter. former south african president jacob zuma was in court to face corruption charges. 16 charges of fraud, racketeering, and money laundering were recently reinstated after being thrown a

shery: i'm shery ahn. cautiously optimistic.g to reach an agreement with china on trade is considering a trip to beijing. finance ministers and central bankers warned a potential trade catastrophic. art laffer is with us from nashville. policymakers keep saying this is the opening of negotiations and in the meantime, how much does it affect the economy with andteral trade relations you get this arch rhetoric with china. --mr. laffer: i was the to chinarican to go and modern times and back then, china was one of the most poverty-stricken places on earth. they have grown amazingly with supply-side economics to become the second most powerful nation on the world compared to us and i would like to see nothing more than u.s. chinese free trade agreement, they have a lot to gain with us and it's a win-win and i glad mnuchin is going there. is very be very good for the u.s. and for this in administration. president trump tweeting about mexico and nafta, and we have the nafta negotiation and he is again talking about large carrots of pe

earlier i spoke to christine ahn.r peace between the two koreas. i began by asking her what was her reaction when she saw the handshake between kim jong—un and moonjae—in. it's a watershed moment. and i believe a new day for the korean peninsula. and i believe a new day for the world to witness historic enemy is willing to shake hands, willing to express, with a genuine heartfelt desire, to reconcile 70 yea rs of heartfelt desire, to reconcile 70 years of division and a state of war. and it was an extraordinary thing to witness. i, along with probably millions of koreans on the peninsula and around the world, shed tea rs peninsula and around the world, shed tears watching the two leaders engage in this process that will ultimately, hopefully lead to a formal conclusion to the korean war. 0ne formal conclusion to the korean war. one of the people in the laura bicker‘s reporter a few moments ago, with understandable optimism, which maybe you share, said the first handshake is always the hard part is. doesn't history sho

i am shery ahn. >> photos on the intersection of politics and economy.ump warns it threatens to derail any chance of rewriting nafta. how serious are the president's's threats? president trump is certain to lean more on his own executive authority. and, trading at any moment now. investors keep boosting up the price. major averages in the green right now after fluctuating throughout the morning session. let's get a check of the markets. abigail doolittle. >> you are right. we have stocks trading higher well off the highs already. the dow is

ahn: a challenge for getting republicans in the house.ts with japanese prime minister abe this afternoon and we will look at the key issue. trumppublicans make the tax cut permanent before the .idterm elections ? ♪ david: white house reversal. sunday, nikki haley said the trump administration would be imposing more this time in response to alleged russian support fo

this is bloomberg. ♪ ahn this is "bloomberg : markets." i am shery ahn. vonnie: i am vonnie quinn.neral is an outperformer, overweight at jpmorgan. details. our fears overblown? >> this is an interesting upgrade. apparently the analyst thinks they can sustain a 2% sales comp paste on i-store initiatives -- in-store initiatives. what does dollar general actually sale? let's look at the bloomberg. look at the financial analysis. this stands out. i love how you can break this up to it 73% is the highly consumables. in coolers, the have perishable goods. then seasonal decorations. and then home products. i was surprised that so much is based on consumables. that will help drive strong free cash flow, up to $1 billion this year from $890 million. jpmorgan thinks dollar general is up, up and away. how are they doing in the online versus physical stores battle? abigail: very well. we have a great function to bring up in the bloomberg. look at this for dollar general. this shows more than 12,000 howes, and you can see dense it is in the midwest and east coast of the united states. by the e

shery: i am shery ahn in new york.e democratic national committee is suing the donald trump campaign, russia, and wikileaks. they claim they interfered with the 2016 election and claims russia launched a brazen attack on american democracy that begin with a cyberattack on the committee. it includes claims of the legal hacking and reckitt hearing, and seats that racketeering and seeks unspecified damages. netanyahuot you that said it will wrestle with whoever tries to harm us, amid rising tensions between israel and iran. over and the red -- alleged is iran has threatened to retaliate for an israeli as price. an 1100 pound british bomb from world war ii has been diffused. it was found during construction near the city's central railroad station where 10,000 people were evacuated from an exclusion zone around the bomb in berlin. asnce charles was approved the next head of the commonwealth of the u.k. at its former colonies according to u.k. media reports. leaders from the 53 nation commonwealth agreed charles should one

. ♪ shery: i am shery ahn. david: i am david westin. u.s., great britain, and france lost an attack on syrian site said to be involved in assad's chemical weapons. we welcome john garamendi of the senate armed services committee. in your capacity on this committee, what do you know about what happened and whether it was affected -- effective? rep: garamendi: nothing. we have not had a briefing about the attack. today,back to work although i am not aware of a hearing taking place on this and everything probably tomorrow about what happened. all of the details about the military attack. the lead up and a hearing we had about 16 hours before the attack, in which there was no indication from the secretary of defense, or the chairman of the joint chiefs of staff that an attack was imminent. less than one day beyond the moment before at the armed services committee hearing. , is therethis unusual a small amount of information flowing from the white house, given the military attack in the middle east? rep: garamendi: it is not unusual, probabl

shery: i'm shery ahn. today marks the former will end of an era in cuba.assembly elected make ld is to succeed fidel castro, ending six decades of rule by they castro family. the new president will still have to answer to raul castro who will remain the head of the communist party. christophers sabatini, press -- professor at a university. welcome to the program. where will the successor be able to christopher sabatini, press -- make a diffee consensus is that nothing much would change because raul castro would still be at the top of the communist party? christopher: that's a good question. i don't think much will change. mcgough comes from the belly of the revolution. even though he was born a year been a party opera check all his life, rising through the ranks. was handpicked by raul castro and fidel castro and has kept a low profile. i wouldn't expect a lot of change. as you said in the lead up, raul castro still the head of the communist party which sets the ideological agenda for the government. i would not accept -- expect a lot of change, except in

i am shery ahn. david cohen this is bloomberg markets balance of power. the two leaders are already talking trade in iran. they are apparently already having differences. president trump once again refers to the iran nuclear deal as insane and ridiculous. president macron is urging trump to remain in the of -- in the accord. our europe researcher with the eurasia group, the most important thing on the agenda was the iran situation, the deal and the sanctions. president macron is urging trump to remain in theit sound like 'g toward each other at least yet. >> no. i do not think this is surprising. i think the trump administration expects a lot of the european it's -- europeans in terms of making the iran deal much tougher to their willing to go some effort to move in trump's friend action the particularly on the civil nuclear programs, they're are just not willing to compromise. issues, macron might be more successful on talks with trump and one issue might the trade. president have the option of going alone? will that have a real effect on iran? >> which

shery: i'm shery ahn. welcome to "bloomberg markets.onnie: from bloomberg world headquarters in new york, here are the top stories that we are following. another big week for earnings and for economic news. u.s. stocks fluctuating while inflation hits the feds 2% target. netanyahu speaks. the israeli prime minister expected to announce "significant development" regarding the iranian nuclear pact this hour. a bad connection? shares are dropping on concerns deal withroposed t-mobile. we hear from t-mobile ceo john ledger. all of that and more coming appeared first, let's get a check of the markets. abigail doolittle is with us. it looks like we are fluctuating. abigail: you are right. a different picture from what we have had. we have had a mixed trading picture. only the dow higher. both the s&p 500 and the nasdaq lower coming near session lows. take a look at the philadelphia semiconductor index. down almost 1%. really a reversal considering the major averages earlier had .5%.up more than the dow and s&p 500 -- excuse me, the nasdaq, up

in new york, i am shery ahn. vonnie: and i am vonnie quinn. welcome to bloomberg markets. ♪ shery: from bloomberg world headquarters in new york, he are the top stories that we are following. cap down to zuckerberg. the facebook ceo faces congress in one hour and he is facing serious questions about his companies practices. global stocks rally after tone's president strikes a on trade during a major economic address. going green, bank of america has an for newton tells us about sustainable financing and how the bank is leading the way. live from bloomberg new energy summit. major averages up from session highs but still gaining more than 8%. julie hyman has the latest. julie: this coming after we heard latest from president xi of china offering consolatory comments. definitely down after the highs of the session, even as we get interesting aching headlines on deal talks. i want to move to that and reiterate what we know. the wall street journal reported sprint and t-mobile are trying again after they abandoned talks for the third time last nov

shery: i'm shery ahn.res tumbling as much as 10% in march, facebook is said to report results after the bells today. wall street investors are looking to see if there were any losses in users and had sales for what we can expect from facebook. head of technology research and chief strategy officer daniel ives joining us in the studio. . want to show you this chart do tv is the function. facebook users can check their facebook as much as before in the -- on a weekly basis. i don't. i think i haven't entered my account in quite a while. are we going to see this criticism on facebook and the scandal just worsening things when it comes to facebook actively engaging with the platform? daniel: engagement is the key. advertising, $50 billion advertising per year, it's about engagement. we have done surveys post cambridge we have seen 15% decrease any in engagement. which could translate into one billion to 2 billion advertising revenue lost for the year. i think so far, i would call it contained in terms of

chef ahn started in the restaurant business in a small italian diner in 1971 that eventually game onee restaurants in san jose today. >> the smithsonian museum created a vietnamese american wing and they actually honored our family for bringing vietnamese food to mainstream america. >> catch the story behind her famous garlic noodles. that airs tomorrow at 7:00 p.m. >> that will be a good one. i remember when the crew shot that. they came back. they were stuffed. they had so much food. >>> we're going to check on sports now with kelly johnson. >> the nba playoffs are finally here and the warriors of old have returned just in time. the duffys looking to defend their title. taking on gregg popovich and the spurs at oracle earlier today. kevin durant, klay thompson led the charge. and golden state also amped up their defense. highlights and reaction from a huge game one win next in sports. kelli name warriors score kerr name >>> kelly johnson here on the xfinity sports desk. so much more being worried at the state of the warriors. with everyone on outside doubting the dufs as they opened

. >> reporter: kristy ahn is a second-generation korean-american. for her, she hopes this goes hand-in-hand. >> i'm glad to see this historical event happen. and i'm interested to see where this will go. >> reporter: so what exactly is next? well, president trump will be meeting with kim jong-un sometime by early june. now, that political science professor you just heard from, he thinks that meeting is not going to go as well as the one that just happened in south korea. you're going to hear that reason coming up at 6:00. we'll send it right back to you guys. >> thank you, melissa. >>> coming up on nightly news, we'll hear more from president trump reacting to the historic deal to end the korean war and how it impacts his planned summit with kim jong-un. "nightly news" begins at 5:30. >>> and a live look at the international icon. the golden gate bridge. the changes are coming to this bridge. today the bridge just selected a design for the new toll plaza. nbc bay area's christie smith is joining us with the details. christie, what is it going to loo

officials say le (lay) was affiliated with the vietnamese restaurant pho ahn dao (fa-on-dow).s are stunned about the death. <" i feel like this can happen to anyone like a friend or a family member. during the day it's pretty safe but at night you have to be pretty careful.">( marty ) le's (lay's) death is alameda's first homicide of the year. police believe the male victim was injured trying to protect le (lay). they are asking anyone who has information about the fight to come ( marty ) the search is on for a man who robbed a bank dressed as a constuction worker. here's a surveilence photo of the robber. palo alto police say he demanded money and had a gun tucked into his waistband. it happened at the comerica bank on lytton avenue. police say when the teller went to a back room, the man jumped over the counter and took money from an open drawer. the robber then ran away. ( marty )coming up on the kron 4 morning news... the golden state warriors are off and running. j-r stone gives the highlights from yesterday's game one against the spurs. next in sports. (ácommercialá) ♪ ♪

appointments and enhanced student services while bringing distinction to the university , he led an ahn wavering commitment to student success which promoted highly impactful student-focused initiatives. dr. hagan is well respected and admired educator who has demonstrated his commitment to the advancement of higher education and community growth. i wish dr. hagan the best of luck in his future endeavors, which i'm sure will include spending time with his wife betty who is also an educator. thank you, i yield back. the speaker pro tempore: the chair recognizes the gentleman from texas, -- the gentleman from texas for five minutes. >> thank you, mr. speaker. national security is border security. mr. poe: recently i visited my friend, congressman cuellar's, hometown of laredo, texas, on the texas-mexico border. being from texas i've been to the border 20 times since i've been in congress. the boarder is actually the middle of the rerhee yow grand rive. i've toured the river with the border patrol, state officers and national guard. it's a long boarder from el paso to brownsville, texas, i

i am shery ahn. david cohen this is bloomberg markets balance of power.re already talking trade in iran. they are apparently already having differences. president trump once again refers to the iran nuclear deal as insane and ridiculous. president macron is urging trump to remain in the of -- in the accord. our europe researcher with the eurasia group, the most important thing on the agenda was the iran situation, the deal and the sanctions. president macron is urging trump to remain in theit sound like 'g toward each other at least yet. >> no. i do not think this is surprising. i think the trump administration expects a lot of the european it's -- europeans in terms of making the iran deal much tougher to their willing to go some effort to move in trump's friend action the p

shery: i am shery ahn. welcome to "bloomberg markets: balance of power."eo secretly visited north korea to meet with kim jong-un and president trump said details are being worked out. immigration,ty on a law struck down saying the language was too vague on which crimes were included which the president calls a public health crisis and to congress to fix the problem. a challenge to the time warner-at&t merger moves to the next phase and try was speculation the government's case may have holes and we talk with the ceo of discovery of bipartisanship in the cable channels he helped create. ♪ shery: mike pompeo travel to north korea to meet with kim

from new york, i am shery ahn. >> i am kevin cirilli in washington and welcome to bloomberg markets balancesections of -- shery: president holds fire on the robert mueller pro and instead directs his anger towards opec, accusing the cartel of artificially inflating the price of oil. suesemocratic oil -- party russia and the donald trump campaign over interference in the 26 election, does the lawsuit has merit? does president trump and north korea's kim jong-un closer to a meeting? the key roles china may play. ♪ kevin: with a couple of months until the midterms, focus on demographics in the republican democratic parties.

shery: i'm shery ahn. welcome to "bloomberg markets: balance of power."he top stories. trumpg call, president needs a new candidate to run the veterans administration after dr. jackson withdraws his name. can scott pruitt be far behind? mnuchinthe wire, steve going to china as the deadline looms for the u.s. imposing tariffs on $50 billion in chinese imports. and marijuana tug-of-war. it, nowic favors republicans are 20 with democrats to make it easier to experiment with cannabis, but the attorney general says no to expand the use of pot. ♪ shery: cabinet shuffle, president trump's team facing a busy day after

i am shery ahn. >> they white house says the u.s.itary mission in syria is coming to a rapid end but offered no timeline for when. sarah huckabee sanders says islamic state has been almost completely destroyed in syria. the president's national security team was warned of the risk of the militants reemergence and has urged donald trump against a hasty withdrawal . the top u.s. intelligence official says the president's nominee to be cia director will fully explain her role in the harsh interrogation practices used on terrorist suspects after the 9/11 attacks. , daning to reporters today coats said there are many mischaracterizations about deputy cia director gina haspel's role in the program which included supervising a secret prison in thailand. he says officials want to declassify as much as possible about her activities. shooting outside the offices of youtube in san bruno, california is popping other corporate headquarters in silicon valley to review their security risks. copies are wondering if they are boehner will do similar a

from new york, i am shery ahn. david: i am. -- i am david westin. shery: here are the top stories.g with angela merkel at the white house. critical issues including trade and iran on the agenda and we will bring you the highlights. history, thed south korean president meets kim jong-un as they pledged to end the korean war. was it simply for show? we will state to joe crowley, democrat from new york, how confident is he that democrats will take the house in november? ♪ david: angela merkel is meeting with president trump at the white house at this hour. two days after the french counterpart failed meetings with president trump

shery: from bloomberg world headquarters in new york, i am shery ahn.lcome to balance of power with a focus on politics and the economy. shery: foreign relations are front and center for the trump administration. the president saying he will walk out with a meeting and kim jong-un if it doesn't go well. meanwhile could tensions are once again resurfacing in the market. we have three senators to react to foreign policy trade taxes and more. our guests are democrats chris murphy, and republican tim scott. and turkish president catches opponents offguard and calls first cap elections. he emerges as the first so power resident and how it could change was policy in the middle east. ♪ david: foreign relations have dominate headlines for the entire week,

. >> i am shery ahn. we focus on the intersection of politics and the economy.he top stories, syrian strike aftermath, the u.s. says more russian sanctions on the way and it is ready to hit syria again if necessary. jamesesident and the fbi, comey says the president is not morally fit for office, the president says james comey committed many crimes, the one winner is the sales of james comey's book. lawyers for president trump go to fight the justice department reviewing documents are ready taken from his personal lawyer as the saga continues. ♪ david: let's get a check on the markets with julie hyman. julie: stocks are rallying to some extent, very high expectations when it comes to earnings

officials say le (lay) was affiliated with the vietnamese restaurant pho ahn dao (fa-on-dow). are stunned about the death.mos: "well we come pretty regularly."mos: "be pretty careful." le's (lay's) le's (lay's) death is alameda's first homicide of the year. last year they only had one. police believe the male victim was injured trying to protect le (lay). they are asking anyone who has information about the fight to come forward. (jrstone)many credit card users are not required to sign when they swipe any more.as of today, visa has stopped requiring merchants to collect customers' signatures during transactions.american express, discover and master card scrapped the practice friday. one expert says that signatures are not considered a real deterrent to fraud any more.that's partly because most people don't sign their full name anyway.but some merchants will still require you to sign because that's built into their credit card processing systems. (justine) homeless encampments in san francisco are not hard to find.(jrstone) one day it's small then soon it explodes into a much l

officials say le (lay) was affiliated with the vietnamese restaurant pho ahn dao (fa-on-dow).e stunned about the death.mos: "well we come pretty regularly."mos: "be pretty careful." le's (lay's) death is alameda's first homicide of the year. last year they only had one. police believe the male victim was injured trying to protect le (lay). they are asking anyone who has information about the fight to come forward. (jr) people from across the world marched and rallied in the name of science saturday.(justine) san francisco was one of the cities that particpated in the second annual march for science. this is a picture of a p-h-d biology student from u-c-s-f, who attended the march. over 200 sites around the globe took part. washington d-c had the largest gathering in the country. supporters of the march for science say their goal is to encourage policymakers to consult with experts before decisions are made ... as well as to enact evidence-based policy that serves all communities. (jr) if you live in the dogpatch or bayview district of san francisco listen up. tomorrow third st

known in washington admin that in hong kong, from bloomberg world headquarters in new york, i am shery ahn and i am david westin, welcome to balance of power. shery: he are the top stories of the hour. larry kudlow says the u.s. wants to pressure china on its unfair trade practices and not spark a trade war. and while the president's potential trade move doomed the chances of republicans holding the house? will look at why agriculture tariffs may hit the president hardest. and getting ready to face the music. mark zuckerberg testifies before congress next week on facebook's data practices. will it be enough to satisfy congressional critics? ♪ david: president trump's push for more bounced trade with china has investors on edge and white house economic adviser larry kudlow

. ♪ shery: i am shery ahn. david: i am david westin.ent has rested its case in the at&t-time warner antitrust trial, the companies now have a proposal that they do not violate antitrust laws. the time warner ceo scheduled to take the stand today and the at&t ceo after that. joining us on the phone is the senior antitrust litigation analyst for bloomberg television. you know antitrust well, there is a piece in bloomberg saying that it looks like the government case is not doing well. , theiece of evidence spread has come down. it is not all the way down to where it was what has come weigh in during this trial. our audience can see this. >> yes, this probably has to do with what happened last week. what we saw with the primary part, the most important part to department of justice case was their expert economic witness. this was carl shapiro testified last week. it is up to him to establish how this merger will be anti-competitive. and result in price increases. they do not have a presumption they can walk and to try with as you normally

shery ahn is off today.ance of power and here are the top stories we are watching at this hour. to the second quarter for u.s. stocks as major averages are falling around 2% as of now with the nasdaq the biggest decline or. -- as itse standoff gets ready for more to come with broader tariffs to punish intellectual property of users. democrats think they have a good chance to take over the house in november and al hunt has what it will take. ♪ david: breaking news as markets tumble on the first day of the second quarter and here is abigail doolittle to take us through it. abigail: stocks are tumbling and a selloff note best the

two weeks after a violent attempted robbery caught on camera near the pho ahn dao (dow) restaurant resultedn a 61-year-old woman's murder... the city's first of the year... less than one-thousand feet away down the street... two waitresses leaving another restaurant were robbed.rodney hobbs/lives and works in area- "it's always been a safe place, but uh, for some reason now, things seem to be changing a lot more. people are getting a lot more desperate." at around 10-15 tuesday night... lieutenant wayland gee says the waitresses were attacked on their walk to their cars, parked on the 700 block of pacific avenue.lt. wayland gee/alameda police- "four to six, uh, black an or hispanic males, uh, in their late teens, early 20s that came out of a two sedans that drove up." lieutenant gee says both victims were knocked to the ground and their purses were stolen. one 59 and the other 62-years-old. gee says the 59-year-old may have been hit with a bottle. but neither needed to be hospitalized.lt. wayland gee/alameda police- "our investigation doesn't show anything that relates this robbery to our e

. >> commissioner ahn. >> thank you, donnie. have been very appreciative of your work on behalf of the nonprofit that i work for that you have been so true to community, and i think the highest praise to bestow upon someone true to the community. thank you. >> do you have an explanation? >> you know, first of all, thank you for the kind words. it was an honor and pleasure to work with the city of san francisco and partner to celebrate the commission's work and get that out to the public. this was an interesting time with mayor lee passing. opportunity for reflection of his tenure as mayor and my own contributions at that time to the department, also having my second child who is not here. the oldest is here joining me. just what it means to be the parent of two in san francisco. we want to give our children all of the opportunities that we could afford, and that gets challenging in san francisco. an opportunity was presented to me from the state of oregon. i thought it was an opportunity to take what i have learned here and brin

shery: and i am shery ahn, welcome to bloomberg markets.aking news, jerome powell expected to speak in chicago. we are getting the text of that speech, and he is saying further rate hikes are best promoted, and the which can shows the job market is not excessively tied. he says inflation should move up this spring and further rate hikes are the best promoted goals. continued to talk about labor markets, sank it has been it is expected to stay strong. and we did see job gains in the morning. the job data a little disappointing, but still strong when it comes to a long-term view. that see how the market is reacting. we had trade tensions escalating today as well. abigail doolittle is here with the latest. abigail: we are looking at major averages and we see a selloff on this friday. we see major averages are sharply lower, down 1% or more. at 1.4%,ad been down and a lot of those sectors also lower on those renewed fears around a potential trade war in the near term as rhetoric between president trump and china steps up. investors are uncertai

in hong kong, i am shery ahn. vonnie: and i am vonnie quinn. welcome to bloomberg markets. ♪ shery: from bloomberg world headquarters your the top stories from around the world we are following. the new york fed new boss, john williams is selected to run the central banks are all new york fed, but this banking industry and what it means to wall street at this hour. and from the red, the dow s&p 500 rebound from yesterday's selloff but the nasdaq still i don't with the new criticism of amazon from president trump. vonnie: and the president expected to take the stage at this hour with leaders of and lithuania., will take you to the white house when it happens. shery: the markets are seeing a rebound, let's get the details from abigail doolittle. a rebounde are seeing of major averages and we have to nasdaq higher, but it is another day of intraday volatility with the s&p 500 and the nasdaq slipping lower. the s&p 500 lots also weekly lower. -- was also briefly lower. investors continue to remain jittery and uncertain about regulationsabout and th

ahn, who i was with in honolulu ofwe watched the beginning the talks between the leaders, and of course, this has been our dream, not just women across the dmz, but all of the people that have been working on the issues of the korean peninsula for decades. indeed, it is a remarkable occurrence today that our dreams are really coming true. if this agreement is implemented in the way that it is written, it will really provide such a relief to both the people of north korea and south korea that they don't have to live under the potential military action that indeed there can be corporation on economic areas that will help north korea -- i mean, the people in north korea are not dummies. they are very smart people. i think they will be able to use this opportunity to increase their standard of living and the family rina vocation part of this, that the people of the korean peninsula in were artificially divided 1945 that indeed they will be resume family relationships. and that the korean peninsula will become a safe place, a place of peace foror the wororl. amy: we are currently showing lea