betty: i'm betty liu.s you mentioned at the top, we are waiting for inflation numbers coming from china. and a little later, we will get confidence confidence index out of australia. we will see how sentiment is there. in the u.s., we are waiting the of steveion vote mnuchin, the treasury secretary nominated by donald trump. the economy is missing a treasury secretary from that treasury secretary from that department. that is being awaited by the markets here. y of steve vonne: they will have to do quite a bit of catch-up. the markets have been waiting. no doubt, we have seen bullishness in the market. talk about inflation as well. we had south korea, taiwan report inflation figures. one set of deviation. china, maybe we can see some prices rise when the numbers filter through. let's check the market open here in tokyo. here is david. david: it might come down to pork. we have to talk about pigs later on. currencies, the broad story is the dollar is a little higher overnight. it is very early right now. au

betty: ok.franchises and i mentioned pokemon go and we had this big revival in the same thing with super mario. what did you learn seeing that phenomenon last year, what did you learn from that? >> well, to make a long story short, quality counts and differentiation counts. marios in our business or five nintendos in our business, we would have a much healthier industry. we are focused on taking the cash flows that come from our business from these great franchises like dungeon and fighter and maplestory and putting that into development of new games that are differentiated and really fun. if we do that well with those experiments, hits come out of that. it is not like when i was growing up, the tv industry in the 1970's and 1980's, which dates me a little bit, there buddy shows and they were trying to engineer these hits, but tb has had a renaissance in the last five years from companies like netflix and amazon who are making wonderful franchises like westworld and the sopranos and these wonder

betty: thiseak australia." i am betty liu in new york. haidi: i am haidi lun in sydney. according to the soul economic daily, it will start producing appliances in south carolina. saint-saens is set to make -- samsung is sent to make 2 million refrigerators and washing machines per year. betty: bonuses from two of britain's bailed out lenders. for the first time they will pay out more than rbs. they are said to have earmarked for the $20 million for a donis -- bonus. lloyds has referred -- returned to profit. may remain under state ownership of the next five years. "split,"e movie continues to dominate the american box office. it edged out the horror flick "rings," which debuted in second place. two new anticipated movies of the theaters next week. the army of will meet tuesday. economists are expecting the central bank to leave the cash rate on hold at 1.3%. with a strong aussie dollar at the moment. a reporter is here. we have talked about this economy before, but it is a reversal. through 2013

betty: i'm betty liu in new york.eidi: and i'm haidi lun in sydney. you are watching daybreak australia. let's get check of the business flash headlines. the drew doughty national oil companies have been awarded a stake in return for a $1.8 billion planning bonus. koreanin japanese and companies. betty: civic resources rebounded with income coming in at 46 million u.s. dollars. thecommodities firm warned outlook for 2017 contained an element of uncertainty and a lackluster commodities market continues to weigh on the unit. spacex has launched its month,rocket in as many delivering 500,000 pounds of supplies to the international space station. was a successoff and the falcon nine rocket landed without any problems after launching the dragon spacecraft out of the atmosphere. a 224 rocketsunch this year. speaking of skyrocketing, we want to talk about australian bonds. he sees a bond selloff resuming as the economy begins a process of reflation. it's one of asia pass largest with 178 ilion dollars under management. talki

this is bloomberg. ♪ betty: this is daybreak asia. i am betty liu. business flash headlines. launched a new range of phones including a redesign of nokia 3310. it was a major text to revive nokia's glory days -- major push to revive nokia's glory days. they are releasing to others. -- two others. the three and five will be released separately. right, such a flashback. some of the world's biggest telecom companies are joining .orces for a faster move to 5g at the world congress in barcelona, they signed the standard for the next generation. they are hoping that will accelerate the rollout of the new technology in 2019. intel andven rivals qualcomm will join the efforts. yvonne: the damages spill from diesels -- from volkswagen diesel emissions scandal is more. there was an agreement to resolve consumer claims in the u.s. operating profits rose 14% due to improving sales margins and intends to pay shareholder dividends. betty: the go from editing app called quick, to use it, it is a part of huawei's new smartphone. they want to increase sales in china.

i am betty liu. japanese trade numbers showing export-led growth might be petering out given the worries about trade relations, but also the stronger yen. >> we were expecting it to rise for a second straight month. much slower than what economists were expecting. they were expecting more robust growth when it comes to exports. imports was a positive number, eight .5%, the first time it hit positive territory in two years. we will see how things are playing out and how japan responds to that. let's get to the market open with sophie kamaruddin. anticipating a subdued trading day and asia given that u.s. markets are shut on monday. so far today, we have the nikkei 225 falling .4% falling today's trade data we got this morning. what's moving on the index here, just a quick look. falling 2% there. up .2%pi opening higher, , this after falling for two days. australia, the asx 200 falling .3%. willie parsons falling over 11%. first half revenue dropping across businesses. , it expects rising competition i

betty: thank you so much.about the bhp ceo and his traits. one chart we would like to bring your attention to is our interaction tv function. you can find it at tv . you can watch it live, but you can also see previous interviews any bloomberg charts and functions that we just talked about it. you can become part of the conversation by sending us instant messages during our shows. this is for bloomberg subscribers only. check it out and tv . ourou have a question for guest, judas and email. an asia company post record profits. we will look at the bottom line with a ceo. this is bloomberg. ♪ yvonne: this is "daybreak asia." betty: a check on the headlines at this hour. erickson is betting on cloud technology to capture some of the trillion dollar market it mobile broadband devices. they say the devices will be crucial for erickson which is suffered under competition with chinese companies. on american own cities group has shut down u.s. operation. signs of strain showed last september when it asked 1500

not a great picture there, betty. betty: he also sees oil topping out as well. playing games with money in the markets. but what about playing games online? you must be secret gamers, right? -- maple these games stories, dungeness fighter? apparently they are popular in korea and china. i'm curious to hear from them and what they think about the online gaming market after pokemon go and super mario run. what is the next hit question mark -- hit? haidi: looking forward to the next few hours of "daybreak asia." betty: asian stocks poised to extend the global rally. investors look ahead to the fed speakers and u.s. data. yvonne: 100% united, donald trump and shinzo abe pledged to reinforce their alliance. head ofhe south korean samsung is going to be questioned again. yvonne: china's central bank cooks up i'll bet suit of

i am betty lou. that is in the question heidi, as we get further and further to record highs in the u.s. markets, volatility is coming lower and lower. it is a puzzle here. we are at the peak in the markets, but investors do not seem worried if you look at volatility indexes. to betuld not want against hitting record highs, even with the track record, but we have quite a bit of risks. we have president trump speaking to congress for the first time this week, that will be a key event in terms of getting these policies -- policy indicators we are looking for in the markets. in asia we are setting for a negative open this monday morning. we have new zealand's trading under way there. , the kiwi dollar not moving much. australia, we have futures for the assets as well, and opens here in sydney and tokyo. we have five out of the six sessions and australia trading lower. take a look at these patterns, we are close to a bearish -- potential bearish technical indicator. hold of 6/10 of 1%, crude falling afte

betty: i am betty liu in new york.re watching "bloomberg daybreak: asia." >> theresa may comes closer to triggering brexit. parliament gave approval to begin the process. lawmakers were promised a vote on the final bill. the draft law now goes to the house of lords with with a final vote expected on march 7. china's war on debt is extended to the short-term paper markets. the smaller lenders have used to shore growth. certificatetiable deposits down 33% from december. that is raising concerns that weaker lenders could face crash crunches and even missed payments. the pboc tightening is making things very painful for small banks. cap rates at abt record low saying that is where they are likely to stay for a prolonged. . the international outlook remains uncertain. new zealand's economy is growing at an annual pace of more than 3%. >> headline inflation has returned to the target band. it is expected to return to the midpoint of the target best to the midpoint of the band gradually. longer-term inflation expectations rem

betty: quite clever. about the shot in the arm for the retailers and what that means for the broader economy and market. su: let's start with walmart. wall street wanted to see how the critical december holiday season was. her walmart, it was a win across the board. the stock shooting up by better than 3% on the day. if we don't in on the numbers, walmart said they beat on bricks and mortar and online. a big surge in online which is making them a big competitor with amazon.com. that is u.s. growth -- their best u.s. growth in more than four years. a good sign for the economy. there's a lot of fixer-upper spending going on. chart, you canhe see it is up 8%. listening to the interview with a opec secretary-general, he was reiterating that 100% compliance on curves. oil, ishe lake up in the above $54 question mark -- $54? su: that was a big question. let's take a look at the fact that oil is at an eight week high. what you see here is the output, thersus the blue is the u.s. buildup in supply. it is near an

betty: i'm betty liu. , i guess youd of could call it lackluster.e tried to rally earlier in the session, but we just pretty much ended up flat. we will see whether or not earnings from tomorrow are going to help these markets. another thing we are watching tomorrow is the decision by the courts on this travel ban that was issued, this executive order by the white house. over the past hour, a federal appeals court has been hearing arguments for and against president trump's executive order to ban refugees from these muslim majority nations. ramy inocencio has more on the story. off listeningot to what has been happening over at the ninth circuit court of appeals in terms of the oral arguments on behalf of the department of justice and the lawyers for the state of washington. i'm not sure if it is finished yet, but it was interesting at least for the first half hour. department of justice lawyer gave his argument, saying that washington state has no standing in order to bring this case to the court to begin with. he was talking to three judges on thi

betty: thank you.resident trump has been blasted by both republican and democratic lawmakers over his latest comments of vladimir putin. ramy inocencio has the details. ramy: it is really disturbing. bipartisan congressman, from both sides of the aisle, say they are confused and angry. the issue is whether u.s. actions are morally equivalent to russian actions around the world. president trump says yes. let's listen to what he said. we have a lotp: of killers. do you think our country is so innocent? decent -- do you think our country is so innocent? ramy: that was a next her from erring on the most of american of days, the super bowl. it is getting a bipartisan reaction. house speaker mitch mcconnell said there is no moral equivalency. senator marco rubio of florida said, when has a democratic political activist been poisoned by the gop? are talking about the poisoning of the ukrainian president back in 2004. also, the dollar of vice president cheney saying that moral equivalence is deeply troubling a

this is bloomberg. ♪ betty: th bloomberg asia.apanis is biggest pharmaceutical company beat third-quarter estimates and raised its profit forecast for the second time in recent months. they saw a revenue of $4.1 million in the three months ending december. they got a blister higher sales of gastroenterology drugs, using -- raising its forecast. the wall street journal reports the bank is adding baby formula makers to its suite of products. shares have fallen from their 2015 peak spurred by a resurgence of interest in resting in china. pay claimsen has to over cheating emissions tests. the post settlement is with the 78,003 the drivers of liter diesels. >> more on the fed's decision. is our guest. he manages over $7 billion and asian equities. happy new year. we did not get too much uncertainty in the fed. because we did not get much certainty when it comes to fiscal policy and it is interesting in asia. we have had a strong month when it comes to flow. the besteen one of generation years. based on firm eco-data. we have the china

so i think the expectation is exactly what you said, betty. if the president and the white house lost that they would appeal the supreme court. interestingly there was some speculation if the other side lost, if the states lost they might not appeal this one. they might appeal the order in boston because it was more narrowly considered. so they might have better likelihood of overturning the appeal or appealing the institution of the ban that happened in new england rather than the one here. this one looks like it has gone in favor of the states. there is a business issue here too. we had over a hundred companies here in california, sill convalley, technology companies in particular siding with the washington state court saying this ban was bad for business. it was bad for the economy. it was going to hurt the economy of the united states and they wanted this ban overturned. so this is a very big business issue. this isn't just about international human rights. now this is -- the ball is in the court of the white house and the trump administra

this is bloomberg. ♪ ♪ betty: this is "daybreak: asia." i am betty lou in new york. and i am yvonne man in hong kong. ojections,pr including flagging demand and donald trump's nationalism. a question andis not just a factor for some of these companies. toyota did actually say they expect a nearly $2.3 billion net positive effect on operating profit area -- profit. operating profit at about $16.4 billion. it is $16.2 billion in the year through march. there is quite a difference fall, and they expected to , about one quarter less than the last financial year, so the has helped toyota raise their operating forecast, but the demand, really, we want to see growth fueled by demand, and that really does not look that strong. it is definitely flagging in the u.s.. u.s. auto sales down euro per --r, 2017, and sales flat year by year,n 2017, and sales flat. tooysts are not disheartened by this. all right come but what about the protectionist trade policy and the impact that might have on toyota? >> this is something that toyota needs to look at, because toyota generated more

and she's been a part of it. >> betty was 71 years old.er daughter lucy and her husband will continue to manage this restaurant. live in berkeley, i'm dah lin. >>> a shut down of a runway this morning. the runway was closed because of a crack spotted on the runway. the airport used its northway runway for a couple of hours while those repairs were made. >>> tonight, california's crippling five year drought is officially over in almost every part of our state. check out the latest map. it shows a full 83% of california is now drought free and let's compare that to a year ago when a full 99% of the state was in some form of a drought. the side by side view of those maps, the difference pretty amazing. >> just one year ago paul. just a year ago. >> imagine all the water. >> most of that change was done in the last three months. drought is done folks. it is completely finished from here all the way south to the mexico border. we're checking the radar so we can enjoy. we actually can enjoy you don't have to think about we're in a drought. no ju

betty: lots of earnings coming out in japan. a busy day on the markets. i'm betty liu in new york.re watching "daybreak asia." let's get to the first word news now. >> thanks so much. first up south korean news say prosecutors may search presidential offices as early as friday after getting a warrant from the seoul central court, there is impeachment over a corruption scandal that also engulfed some of the biggest corporations. on thursday her office said it would not permit a search of the presidential compound and yonhap says they're searching offices the fair trade commission. bank of america chair mark carney says surprises could still ab head as the u.k. starts the formal brexit process. the economic forecast was upgraded for the second time and revealed that some policy makers have become more concerned about accelerating inflation. carney says the central bank is ready to respond accordingly. >> the brexit journey is really just beginning. the direction of travel is clear. there will be twists and turns along the way. whatever happens, monetary policy will be set to return,

betty: what does it tell you? mr. was here at is just a disaster in new york. betty: that is what spitzer used against you. mr. greenberg: a great company was virtually destroyed. thousands of people lost their jobs, good paying jobs. we were a leading company in the world in 137 countries, a national asset. betty: and now this. mr. greenberg: it is a shadow of what it was. betty: are you, you are running cv start now. you continue to accelerate the growth. so settling this lawsuit, what does that allow you to do before or doesn it not make a difference? mr. greenberg: i have more time. betty: [laughs] that is true, but are the things you cannot do before because of the case? mr. greenberg: knowing have time to pay attention to it, more time now. ag office, when they issued a statement on friday, said, essentially, this is -- to paraphrase it, essentially, finally, hank greenberg admits to these allegations that we have been pursuing against him for the last 12 years. and you and your lawyer came up and said that is a

stay tuned for a special edition of kpix 5 news with betty ludd -- with betty yu live from the red carpet thousands of -- descending on san francisco to celebrate the new year. the parade is just about to get underway. >>> is it going to rain? i guess not. mostly clear sky -- there is rain on the way. we'll have that in the forecast. of the world's largest chinese new years celebrations. kpix 5's cate cauguiran joins us from the parade w >>> happening right now hundreds of people are lining the streets of san francisco for one of the largest chinese new year's celebrations. cate cauguiran joins us live from the parade which started moments ago. kate? >> reporter: juliet, yes. you can hear the fireworks already going off. live at second and market. the parade is just kicking off. you can see already the dragon marching down market. that's probably one of the biggest highlights of the parade right now. organizers do tell us there are going to be more than 100 groups featured in this year's parade. brightly colored floats. elaborate costumes. music. filling the streets of downtown san franci

but this evening a somber mood fills betty's ocean view diner. more on the passing of the woman's name sake restaurant. >> reporter: just like her restaurant, betty is a legend here in the east bay. bethty's ocean view diners a berkeley institution for almost 35 years known for its famous pan kaeubs and brunch. it's well known founder betty cronin, even wrote a book about her special pancakes -- known for its famous pancakes and brunch. she worked here until pancrea cancer did not let her anymore. it's a family owned business. lucy says her mother treated everyone like family. some workers have been working here almost since the beginning. chef kelly worked here for 28 years. >> it's like losing another mother in a sense. i mean you could talk to her about anything. i think it just hasn't hit me yet. >> reporter: long time customers are sad but grateful for what she did for the community. >> the whole culture, she has -- she's been a big culture around fourth street for years. >> reporter: betty died last thursday. she was 71 years old. we'll tel

kpix5's betty yu is in san jose tonight with that story. betty? >> reporter: ken, i'm in the williams street area, one of the hardest hit by the flood and piles of junk like the ones you see behind me are not uncommon in this area. we're looking at old carpets now, baby strollers, lots and lots of bikes up and down these streets. tonight the city says right now 765 homes are under evacuation orders down from 1,100 yesterday. spent today pumping out water from his basement betty: what did you lo / san jose as coyote creek recedes dropping about 10 feet, the piles of wrecked belongings rising outside homes that four days ago were submerged. today the city put out dumpsters to take in tons of junk near williams street park. this is man made." at a thank you event today, mayor sa hold a public he roberto perez spent today pumping out water from his basement. what did you lose? >> a lot of stuff, tools, clothes, furniture. >> reporter: some of his neighbors haven't been able to reenter their home. >> you can see water splash out from my carpet. >> repo

we will have more on the big winners and lieu losers when betty yu joins us. >> time now is 6:09.ond major snowstorm in less than ha week and turned deadly after a freak accident involving a plow. >> . >>> and a major mudslide is causing big problems. >> no rain today and we have a series of storms headed this way and we will track iting to. >> we better take advantage of the sunshine. it is 6:10. this is across the san mateo bridge. slowing down a bit. we have a big update in the east bay. >> traffic alerts and accidents to tell you about. stay tuned. we will be right back. ,,,,,,,,,,,,,,,,,,,,,,,, . >>> time check. and as michelle likes to say. prevalentine's day. we are taking a look at our live weather camera. we have mostly cloudy skies right now and we will be basking in sunshine today. tracking not one or two. but three separate storms and we will have the forecast coming up in less less than four minutes. >>> this is the biggest storm of the season that dumped 19-inches on the region. it is from upstate new york and maine and 2 feet of snow are possible. >> a man was struc

i'm betty liu in new york. you're watching daybreak asia.ty.nt: thank softbank has agreed to buy fortress investing group for three point $3 billion best $3.3 million. is a 39% premium to the company's last closing price. cofounders will stay on, with the company operating independently within softbank. the deal needs improvement by shareholders, and is expected to close in the second half. toshiba's future is under question after a chaotic day that saw its chairman resigned. flagged a six point $3 billion write-down. shareholder equity will drop to -$1 billion for the current fiscal year. toshiba may now scale back or even selloff its nuclear business. shellingo considering -- selling a majority stake in its chip unit. >> to secure resources for further growth, we are taking a very flexible stance on the memory chip business. we do not insist on securing our majority stake in this business. >> tesco has fired for its first -- they will20 issue up to $6 million of three year and five-year bonds. pricing is expected as early as march 3. fed c

has floors with no stand loan locations the proposed project allows for the weigh the i didn't bettyependent location store in san francisco they currently have other u.s. stores 23 connecticut new york and other stores in london and part of u united kingdom they're in the draft motion the department has no opposition to the promoted project the project sponsor submitted one letter of port of the projects of the union street association, petition with 10 signatures within a block the project site and indicated they conducted efforts one the cow hollow marina area that concludes my presentation. >> my sweethearts name in high school was sweaty betty (laughter). >> good afternoon, commissioners my name is period of time i'm the director of store development for sweaty betty give you a little bit of background on the company sweaty betty founded no 1998 in london her vision to give the women the ability to feel fashioned since 1998 it evolves and with very 8 bans location the union street will be the first retail location in the bay area sweaty betty is unique focuses on part of solutio

betty yu tells us soon it may take a toll to drive there as well. betty? >> reporter: liz, the idea for this proposed toll came from a two year study done by the san francisco transportation authority. the goal is to make life easier for the people who live here, not to eliminate tourism. the picture perfect views and thrilling ride down the steep stretch of the crookedest street in the city, it's like 2 million people each year jam pack this 1 block. >> it's crazy, especially on the weekends and in the summertime. i feel really bad for the neighbors here because honestly it's completely out of hand. >> reporter: andrew willsie lives 3 blocks up from the attraction on lombard and shares frustration of his neighbors which prompted mark ferrell, to propose a step reservation system. >> it's a quality of life issue and no. 2, it's an accident waiting to happen. >> reporter: the supervisor says it's a health issue with tons of cars idling for blocks. >> i think his heart is in the right place but the idea seems a little excessive. >> i think they should give i

. >>> betty yu shows us the storm damage in san jose tonight. betty? >> reporter: liz, this is an example of what we're seeing all across the south bay today. you look behind me, that 100- foot tall redwood tree came toppling down on a power pole leaving this neighborhood in the dark. pg&e is on scene tonight and we've also learned that they are bringing in extra crews to help santa clara county. tonight this road in palo alto took another beating from the rain. one stretch near alpine road is falling into the nearby creek. cars whiz by feet from where the asphalt drops off. across the south bay today even the toughest looking trees came down like dominoes. this one did in santa clara. >> it's pretty crazy to come home to, you know, the whole tree down, blocked the whole road. >> i'm just glad no one was walking or driving underneath at the time. usually i park through there but not today. >> reporter: check out this giant palm tree. this north san jose neighborhood was one of the hardest hit. winds toppled this old oak tree on north 17th sending it th

betty? >> reporter: that's right ken. it is so massive it closed both sides of highway 17.t will stay that way through the night. only one southbound lane is open. caltrans will be doing work through the night, but it says it is so overwhelmed it had to call in private contractors to help with all the work. the work is slow and methodical. this monster slide on highway 17 created a mess for drivers. more than 20 feet of mud and rocks covered the northbound lanes. it completely shut down the major route between the south bay and santa cruz in both directions for five hours today. >> this is the biggest one. there is quite a bit more earth. half the mountainside came down into the roadways. >> reporter: this morning, the slide hit this suv. debris slid under the car and sent the driver airborne over the center divide. onto the southbound lane. the driver survived the crash. >> with the amount of rain we have been experiencing it is very challenging. because every time we think we have something stabilized. the amount of rain we experience, it proves otherwise. >> reporter: ca

pro football hall-of-famer, steelers star, jerome bettis, aka, the bus.ress, model, brooklyn decker and derrick brooks showed off his hall of fame ring. maybe we can steal one to bring back to fox business. what do you think? 11-time pro bowler, tampa bay, super bowl winner, hall of fame, you have all the accolades, what is special about the hall of fame ring? >> because this represents that you are in history. you're part of the football bible, when it is written your name is a part of it. i stand here representing my teammates. when i wear this ring and gold jacket, even my bust in canton, it is about how they helped me become a great player. so that is my mind set. obviously the individual awards can not be accomplished without my teammates. liz: you are the one of the most in demand corporate spokespeople. what is it about your message that gets fortune 500 companies to say, i've got to get jerome bettis? >> it is about the truth. understanding what the message is and being part of that message. so for me, it is choosing the companies that i worked wi

betty has type two diabetes.he could lose her foot and with it her independence. so you are waiting for your operation and you are worried about your husband? yes, because he is blind and deaf, we can't do anything for himself. you have to concentrate on your operation? i can't concentrate on that until i know he is all right. i don't want my foot gone and my leg because i won't be able to stay at home. i won't be able to walk. they will have to put me in a nursing home. i am will have to put me in a nursing home. iam not will have to put me in a nursing home. i am not going will have to put me in a nursing home. iam not going in will have to put me in a nursing home. i am not going in a will have to put me in a nursing home. iam not going in a nursing home. iam not going in a nursing home without my husband, that is not going to happen. they will put us in two different places. but this is the reality of the nhs today. today. increasing demands, inside and outside the hospital.m is not just bedding inside and ou

scary. >> announcer: ladies and gentlemen, betty white!> in the back of your head there's a little voice that says, you're on "saturday night live" and it's just enough to close it right up. >> do you have favorite comedians today? >> oh, yes, melissa -- >> melissa mccarthy? >> oh, god, i think she's wonder. tina fey is maybe the best. they're crafts men. they know what makes it work. they know timing. >> they're not here to be your buddy. i'm here to swallow gum and i'm here to take names. >> she's made everyone laugh this week, including i think a little bit sean spicer, the white house press secretary, in this impression she did on saturday night. you saw it? >> oh, it made me laugh out loud. it was fun because it was so spontaneous. >> what do you think of the fact they got a woman to play him? >> i think it was hysterical. >> how many presidents have you lived through? >> lived with or through? >> have you ever met a president? >> oh, yes, yes, yes. i met the president of my senior class. i met mr. clinton, mr. obama was lovely. i had

betty: it has bounced off of the lows. have , does it want to be as big as it once was? they may well be happy with the trajectory they are going on right now. but not hank greenberg. scarlet: he still thinks back on those days. state sought to bar him from participating in the securities business as part of the lawsuit. scarlet: what is he doing now? he is a shareholder, but he is not involved in aig. he is still certainly, he watches what goes on there. he is still a shareholder. he lost a substantial part of his wealth in the whole downturn of the company. still anespect, he is interested observer. you raised the point about barring him from the securities industry, the attorney general also wanted to get other actions against him in the settlement. they didn't. for instance, not allowing him to serve on public boards. they didn't get that is part of the settlement. as i say, it is not a win-win for either party, it is more like a lose-lose. scarlet: no one comes out of it happy. betty: they are putting it behind him. t

our betty yu is going to be live from the red carpet.e fun and entertaining. >>> or news throughout the evening the latest is always on our website, cbssf.com. >> don't forget to join us for nightbeat at 10:00 on kbcw 44/cable 12 and see us back here tonight at 11. ,,,,,,,,,,,,,,,,,, announcer: it's time to play "family feud"! give it up for steve harvey! [captioning made possible by fremantle media] steve: thank you very much. how y'all doing? [cheering and applause] well, welcome to "family feud," everybody. i'm your man, steve harvey. [cheering and applause] we got a good one for you today, folks. returning for their fourth day, with a total of 21,655 bucks, from denver, colorado, it's the champs, it's the davison family! [cheering and applause] and from syracuse, kansas, it's the guerrero family! [cheering and applause] everybody's here trying to win theirself a lot of cash. and somebody just might drive out of here in a brand-new car. [cheering and applause] come on, let's play. give me roxanne, give me sue. all right, here we go. w

>>reporter: as education betty devos was being -- betty devos was being confirmed, this kids were quietly working away, learning a little math. ten, what's next? 20 or 15? >> 15. >> 15. unawareer: the students of the battle brewing around them. n annapolis the head of the teachers union angry. who doesn't mebody know anything about how our public schools work. than rter: backed by more two dozen law makers she blasted maryland -- greater public funding to charter, religious, and other private schools. >> that doesn't bode well for our public school students. >>reporter: here there's a very on the t perspective matter. they say public funding for this private school is helping the community. school administrator eric he hopes for more support. >> i'm a big believer in this school and i would love for kids opportunity to go to school thick this. views and differing philosophies. at 5:00 we'll look closely at for school dollars. >>> senator jeff sessions took a step closer to becoming the law enforcement officer. voted in favorly of devos moments before his tally still on in h is great falls

betty: i'm betty liu in new york. singer with us is more t -- mortimer singer.t to piggy off of what yvonne was talking about. you are saying that more and more here in the u.s., they are wrecked rising the development's areg on in asia -- they recognizing the development that is going on in asia. -- mall,ibaba's small it effectively allows you to create your own shopping streets , but with the universal shopping cart. you can shop directly from each brand. is somethingtion that is increasingly invoked here. -- in though be here. monetize theo retail market. each of those phenomenon is helping. others, if you put them together, such as the micro companies that are on the long tail, the new david's as we told .hem that we call them a lot of it started in asia. the rise of these direct to consumer companies, particularly with the mobile activation. the ability to create things for people to use on their phones and design things on their phones, and also the proximity to the sourcing. if you are in china come even happens things made in china very quickly. i think

she would be taken from her mother, betty, and her other siblings. i will read a bit from the book to give you an idea of what that moment must have been like. the young ona judge was far from an experienced traveler. the teenager knew only mount vernon and its surroundings and never traveled far from her family and loved ones. for judge, the move must have been similar to the dreaded auction block. although she was not to be sold to a different owner she was forced to leave her family for an unfamiliar destination hundreds of miles away. judge would have no choice but to stifle the terror that she felt and go on about the work of comparing to move, folding linens, packing dresses and personal accessories, helping with the grandchildren. these were all things that ona judge would be involved in. they were the task at hands and not her place to change or question. judge had to remain strong and steady if not for herself than for her mistress who appeared to be falling apart at the seams. like martha, judge had no choice about the move. miss washington

lauren: democrats as an all-night talkathon against betty devos. the overnight session and you're looking at live pictures now aimed at getting of this former republican to oppose devos. as it stands now, there could be a 50/50 tie. that would mean vice president mike pence it have to break it. that is something very rare. a confirmation vote could come in today. i'll frank in saying someone is not the right person for education secretary. >> the constitution gives us the power to reject cabinet nominations specifically so they can prevent fundamentally ill-equipped nominees like betty devos from assuming positions of power for which they are not qualified. let's do our job. lauren: devos expect it to ultimately win approval in the senate. nicole: bill o'reilly in an exclusive interview that mexico has a problem with drug cartels in this country and is offered u.s. assistance. >> we've got a problem. don't forget those cartels are operating in our country and they are poisoning the youth of our country. by the way, countries all over the world just

i am betty liu in new york. >> and i am yvonne man in hong kong.ooks to be a pretty friday, particularly when it comes to tokyo. up 1.6%. the yen weakening the most in three weeks. that is certainly helping the sentiment in tokyo as mr. abbaye arrives in washington to meet the president for their weekend meeting. we are expected to hear the monetary statements from the rba later on. to talk for a higher givency with the dollar the growth outlook for australia at 3%. a good day from the markets. let's get more from head of asia investment. great to have you. a lot going on. we are not seeing a lot of reaction when it comes to the travel ban and donald trump losing this battle. i think it was a letter to that the markets have been focusing on. how big of a significance do you see this constructive relationship that trump says he wants to have what china? >> i think this year the factors around -- will be a key theme. could reflecttter the intention of president trump , who has sent out a friendly gesture. -- ease the and tension. but we still need to

. >>> betty yu found out only on 5 autonomous technology is only part of what's driving some people.> reporter: ford's 2017 super bowl commercial has nothing to do with a flashy new car or truck. it's about the automaker's vision for the future where people get around easier meaning ride sharing, electric cars, bike sharing and self- driving cars. the 90 second spot airs before kickoff and features a san francisco based chariot. >> ford is thinking about the bigger picture. >> reporter: co-founder and ceo of chariot, a ride sharing app and service that used crowd sourced routes. ford recently bought the 2-year- old startup. >> ford is an american icon, a global icon really and provide a tremendous amount of resources. >> reporter: what started as a 12 person team has grown to 40 in the office. by the end of the year chariot plans to expand to eight city and double its fleet to more than 250 chariots in san francisco alone. >> it enables us to differentiate our product in the marketplace. so we look at tech as a way to owner enhance -- to enhance the ownership experience or the prider

she said silch. >> that's a great word. >> a letter written by betty white herself.said have you talked to her? is she coming any time soon? >> hates the flight from california. and she told me she would never come here in the winter. and she also said she would cut the ribbon if she was still alive. >> still got it. the place is pretty crowded for an afternoon base coffee or desserts and michael said there was something about the group coming in. >> not one person was on a computer or cell phone. people were sitting at the community talking to each other. >> it seems one of the main themes of the show's friendship has carried over into this cafe. >> see, i can't turn the channel fast enough. >> you really wear a golden girls t-shirt? >> yes. i mean, i like at times, like, they can't -- i don't know. it's like watching old women -- >> i don't think it's funny. >> thank you. good. >> as much fun as it is to take scores of your city, pedaling ain't easy. >> from now on -- >> the way this incident ended was getting three summons. >> so yesterday you took it away unlegit

betty yu, kpix5. >>> well, switching gears here, literally, tesla's model s put to the test. the crash safety test that is. and tonight, there are some issues. the insurance institute just released the results of the test. they found in a front crash test ... >> too far forward into the air bag and his head hit against the steering wheel through the air bag. >> now, the institute goes onto say tesla is aware of the problem and is fixing it. overall, tesla still got high marks for safety. >>> the group also tested other electric and hybrid vehicles. the toyota prius prime and the chevy volt earned the 2017 top safety pick plus award. >>> tonight, some airlines are come comcast sportsnet peteing to give you less. they are about to launch a lower class of service. >> reporter: american and united airlines will offer a limited number of basic economy fares. they come with a low price and a catch. passengers cannot choose a seat. they are allowed one carry on that must fit under the seat and likely will be the last to get on board. senator chuck schumer is calling for legislation

live in mountain view betty yu, kpix5. help crack a murder case. >>> tonight police in san francisco are trying to find the man who could help crack a murder case. newly released video shows the man running away from the crime scene. here he is one more time. police say someone was beaten to death sunday morning near mission and excelsior. now police want to question this man who was seen fleeing the area right after the deadly attack. the victim's name has not yet been released and there's still no word on a motive. >>> in the south bay a pair of armed robbers accused of ransacking a verizon store and terrorizing the workers there are behind bars tonight. it happened just before 8:00 last night at a verizon store in sunnyvale. investigators tell us these two guys forced workers to open a safe and then tied them up. more than $64,000 in cell phones and cash was taken. officers spotted suspect's car shortly after the robbery. both men were arrested after a short chase. >>> one east bay town is in shock tonight after someone

only on nie tonight betty yu found it out more than half of the students are homeless. >> reporter: when school lets out in east palo alto, more than half the kids are homeless with no place to go, most living in the shadows of silicon valley in cars and rundown rvs tucked away on industrial forgotten blocks. >> it's crowded. it's hard. >> reporter: lynnette chavez is homeless. the last year the 15-year-old has shared a bed with her two younger sisters. they are the faces of a staggering statistics. of the 3,071 students in the ravens school district, 1/3 are homeless. >> this is a bathroom. this is a closet, but it's a shoe closet. >> reporter: the family showers at the ymca. there is virtually no free space, no heat and no working fridge. >> this won't work, but this one stinks. >> reporter: they rarely run the generator for fear of upsetting the neighbors who mostly look away. >> when you think about homeless, it's like you think about somebody in the streets. not this. >> reporter: not this. adrianna and her husband omar never imagined their family homeless. they were evicted from th