i'm bertha coombs with your cnbc update a letter to the university, pollock says she made the decisiono retire over the december break, but paused the announcement three times because of events on and off the campus. this comes as universities across the country and leadership have been in the spotlight. >>> a federal appeal court has rejected hunter biden's appeal to get thinks gun case dismissed. the president's son brought that motion for a three-judge panel that issued the sure were not appealable before trial. it can request an appeal after the trying that's set to start next month >>> jury selection is expected to wrap up today in the trial of bill blunt in the archegos collapse he faces 11 charges. he has pleaded not guilty. >>> kelly, back to you. >> thank you, bertha coombs. >>> college graduation season is upon us. as the cost soars to attend four-years universities, there's growing skepticism about the long adjustment. etch stone said recently 30% of jobs now don't require a college degree previously he said that number was in the 20% to 25% range. with you publicly traded c

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back to you. >> bertha coombs, thank you.eciate it. >>> coming up, the link between chemicals in hair relaxers and cancer. what women say happened to them after using the products. you're watching "nbc news daily." ♪♪ before my doctor and i chose breztri for my copd, i had bad days. [cough] flare-ups that could permanently damage my lungs. with breztri, things changed for me. breztri gave me better breathing. starting within 5 minutes, i noticed my lung function improved. it helped improve my symptoms, and breztri was even proven to reduce flare-ups, including those that could send me to the hospital. so now i look forward to more good days. breztri won't replace a rescue inhaler for sudden breathing problems. it is not for asthma. tell your doctor if you have a heart condition or high blood pressure before taking it. don't take breztri more than prescribed. breztri may increase your risk of thrush, pneumonia, and osteoporosis. call your doctor if worsened breathing, chest pain, mouth or tongue swelling, problems urinating, v

let's get the check on the top corporate stories with the brilliant bertha coombs. rtha, good morning >> good morning, frank let's start with the commercial real estate crisis potentially looming. a $10 billion non traded property fund managed by barry sternlicht's starwood capital is significantly limiting the investors ability to pull out their funds capping monthly withdraws at less than .50% of value from the earlier 2%. the move comes as starwood is facing higher redemption requests and shrinking liquidity in the fund. investors are growing impatiimp, but feels sternlicht will rebound. >>> and elon musk says spacex is in early talks to value the startup at $200 billion up from $18 billion valuation just six months ago or $88 billion just six months ago this as the financial times report that musk's xai secured backing from recent partners and others valuing the a.i. company at $18 billion all this while musk's core business continues to hit road blocks with tesla cutting model y production in shanghai by 20% from a year ago. >>> the s.e.c. is clearing the way fo

awards coming >> megan cassella, thank you for that >>> let's get a check of the top stories with bertha coombs good morning, bertha >> good morning, dom apple is closing in on a deal to put openai's artificial intelligence on the iphone according to multiple reports. the two sides have been fi finalizing terms for i018. this as openai sets to hold a virtual event at 1:00 p.m. today. likely revealing the new assistant powered by chatgpt >>> unionized workers at the apple store in maryland authorized a strike. according to the workers which represents the workers at the apple store and calling for a strike, the union alleges concerns over work-life balance and disrupting personal lives and wages failing to align with the cost of living apple will engage with the workers in good faith. now, you may recall, there was a strike vote in new jersey with the store in work hills with the employees voted against the unionization on saturday. >>> arm holdings is looking to develop the first a.i. chip was the 2025 launch target according to nikkei asia, arm's largest shareholder, softbank, will pay for the

. >>> now over to bertha coombs for a cnbc news update. >>> donald trump's lawyers told the judge inork hush money case, they plan to remove a call for a somes trial after stormy daniels finished her testimony. trump's legal team says it will fight testimony from karen mcdougal the judge said he would send the jury home at 4:00 to hearing arguments. >>> israel says it has who it needs for a ground offensive in rafah without the u.s. equipment. >>> and harvey weinstein is back at new york's rikers island jail, as he awaits a retrial in his overturned new york rape case in a brief court hearing this morning, he denied his consent to be extradited to california, where he was convicted in rape in at separate indication, citing serious health issues. >>> coming up on the show, you've got a deluxe three stock lunch ediagnose here, because bigger is always better, i think, radio i got we'll bring you the story and the trade. "power lunch" is back in two to start a business, you need an idea. it's a pillow with a speaker in it! that's right craig. a team that's highly competent. i'm just her

bertha coombs joins us now. hey, bertha. >> hey, zinhle and kate., panera says it is phasing out its charged lemonade nationwide. while a spokesperson for the chain said the move was due to a menu change. a lawsuit related to two deaths claiming the charged lemonade contained more caffeine than advertised. >>> astrazeneca started to withdraw its covid vaccine worldwide citing low demand. it was not related to concerns about the vaccine's side effects, the telegraph first reported that astrazeneca applied for the withdrawal in march and went into effect this week. the vaccine is no longer being manufactured or supplied. >>> and delta airlines and southwest airlines received top marks for customer satisfaction in a jd power airline survey today. delta scored the highest in premium cabins while southwest was a preferred economy carrier for the third year in a row. the survey noted airlines that invested in their staff saw more satisfied customers despite higher air fares. which is pretty amazing given that southwest had that sort of holiday meltdown ab

. >>> over to bertha coombs for a cnbc news update. >>> the white house is pushing for a cease-fire dealetween israel and hamas israel sent a negotiation team to kawhi row today to consider the proposal from hamas but said it was far from meeting israel's demands. meanwhile, hamas officials says the agreement represents the minimum it would accept. the white house claims the gaps can be closed. comes as israel forces seized the main border crossing between gaza and egypt, escalating military operations in rafah. >>> u.s. power use is forecasted to hit record highs this year and next year. power demand is growing from, what else, data centers. and for people using electricity to heat their homes and power their cars >>> and toronto police say a shooting outside of drake's mansion this morning left a security guard seriously injured. representative for the rapper says he was not injured but it's not clear whether he was actually home around 2:00 a.m. when the shooting occurred police say the shooting was caught on video but they don't know yet how many suspects there are or what kind of ca

bertha coombs with the headlines. >>> hi, scott. florida highway patrol officials say eight people are dead, another eight critically injured in a crash in north central florida this morning. according to the highway patrol, a bus carrying farmworkers crashed and overturned after colliding with a pickup. the marion county fire department said a total of 37 people were hospitalized. the cause of the crash still under investigation. >>> police clashed with protesters in tbilisi, georgia, over the so-called foreign agents bill. the demonstrators argue the new law will bring their country in line with moscow and undermine georgia's bid to join the european union. the law requires organizations that receive more than 20% of their funding from abroad to register as foreign agents. >>> and the caitlin clark craze is now taking over the nba. the former star guard for iowa now makes her wnba debut tonight with the indiana fever against the connecticut sun, the home team, the sun, says it's the first season opener that they have sold out in d

. >>> let's get the headlines now with bertha coombs >>> the prosecution has started its redirect of daniels in the donald trump hush money trial. earlier the defense repeatedly questioned the adult film star about profitable from her allegations. daniels stuck to her story saying she wasn't motivated by money. when the defense noted she sold merchandise online, daniels replied, not unlike mr. trump. >>> 56 scanners able to detect fentanyl will now be installed at the u.s./mexico border. congress approved $250 million in funding after nbc news reported the scanners were gathering dust in warehouses because there wasn't any money to install them. the scanners are scheduled to be put in over the next two years >>> and donald trump's youngest son, barron, will represent florida at the republican national convention in july. in the 18-year-old's highest profile political role yet nbc news first reported the youngest trump, who is set to graduate from high school next week, will join his step brothers, eric and don jr., and stepsister tiffany, as an at-large delegate. i guess it's all in

i'm bertha coombs with your cnbc news update.possible donald trump's defense team will not call any witnesses in the former president's criminal hush money trial. trump attorney told the judge this morning that he did not know whether trump would testify and he said the testimony of one of the defense's expert witnesses will be contingent on jury instructions. >>> meantime, hunter biden's federal gun case could go to or will go to trial in june. the president's son had asked a judge to push the trial to september to give the defense more time to prepare. the judge rejected that request today. the younger biden is accused of lying about his drug use on a form to buy a gun. >>> and "jeopardy" is getting a spin-off. sony pictures television which produces the popular game show announced a new pop culture edition today that will air on amazon prime video. contestants will compete in teams of three to answer questions about topics ranging from the avengers to zendaya. no word on a host yet. but tyler, you know who i think would be gre

let's get to the bertha coombs now. >>> news officials have said they begin telling a dock system ofers of the gaza strip. and it should be installed over the next 24 hours. allowing for the delivery of humanitarian aid into the enclave. the dock will be anchored 3 to 5 miles off the coast. and will be moved from the dock to a causeway on gaza beach. it comes as the u.n. says there is a full-blown famine in northern gaza after even months of war. >>> in galveston, texas a barge had a causeway and has caused an oil spill. that caused this morning. the incident led to the closure of the gulf intercultural waterway. a significant commercial maritime channel in the area. police are also blocking the road. which is the only bridge for traffic on, and off pelican island. >>> an education department has expanded deadline to apply student loan forgiveness. borrowers can now request a loan consolidation by june 30th. it basically combines federal student loans into one new federal loan, and could help them get their debt canceled sooner than they would have otherwise. previous deadline was ap

i'm bertha coombs.yer and fixer michael cohen is on the stand right now in trump's new york criminal hush money trial cohen, who is a key witness, will testify about paying adult film actress stormy daniels during the 2016 presidential campaign to keep her quiet about an alleged affair. with the then candidate donald trump. he's expected to be on the stand for days meanwhile, jury selection is under way in the federal criminal trial of senator bob menendez also in new york changed with accepting hundreds of thousands of dollars in bribes in return for official acts the new jersey democrat and his wife nadine who has been charged in the case as well, have both pleaded not guilty. >>> russian president vladimir putin replaced his defense minister sergei shoigu with an economist. the kremlin said the change was needed to rein in russia's growing defense budget amid the invasion of ukraine. putin reappointed shoigu to run russia's security council. back over to you, david. >> thanks. >>> regulators have adv

. >>> i'm bertha coombs.aniels is back on the stand this morning in donald trump's new york hush money trial. she's facing more cross-examination by defense attorneys about her now sworn allegation she had a sexual encounter with trump which he later paid her hush money to keep quiet about trump has denied the charges in the criminal case, as well as the affair >>> israeli tanks are rounding up on the outskirts of the southern border city of rafah. it comes after president biden vowed to withhold weapons from israel if it launches a major invasion in the city where more than a million palestinians are sheltering israel says hamas' militants are sheltering in rafah as well. >>> and houston's mayor says he has replaced the city's police chief following intense scrutiny into hundreds of thousands of dropped cases over the past eight years. they included more than 4,000 sexual assault allegations the police chief retired amid the scandal, saying the cases were abandoned due to staffing issues david, back over to