this is bloomberg. ♪ betty: good morning i am betty lou in new york.m haidi lun in sydney in your watching "daybreak australia". -- the what has produced a list of chinese high-tech products, and it aims effect unlesse consumers and china has made it clear it will hit back in kind. its go over to washington to discuss this developing story with our white house editor. we are seeing these lines coming through from state media and a mouthpiece of beijing is saying these tariffs break international trade rules. what do we know so far? the u.s. administration released a list of 1300 products they are going to tariff from china. we are trying to sort through it. a lot of products are obscure and use technical names. there are stuff ranging from human blood to boring machines to chinese flamethrowers. pros and cons for elon musk. it is a lot to wait through and we haven't figured out all the winners and losers. of, are wein terms expecting more details, or are -- expecting more any fleshing out of exactly what tariffs and the numbers we're talking about as w

betty: ok.ne, thank you so much, romaine bostick, our bloomberg news editor, looking at some of the breaking news out on mike pompeo and has nomination being advanced here for secretary of state. for more on the markets, i want to bring the center stone investor's cio and founder. million in assets. abhay, should%, the markets be rallied? ay: as romain mentioned, what has really changed, as he was saying, now short rates are very interactive and offer competitive yields. for the last 10 years, interest rates are basically zero. there are people alive today that do not know that banks are supposed to pay their deposits. [laughter] betty: that is a generational thing. it seems rather crazy that it has been so low for so long. guys, let's pull up the gdp chart on my terminal. we show you the correlation between the u.s. dollar in a 10-year yield, which had been widening. though it was an inverse correlation, so to speak, which is odd because rates are going up, and the dollar seems to be weakening.

betty: and i am betty liu in new york.have been going over headlines that broke a few moments ago, president trump threatening up to $100 billion worth of tariffs on china. also interesting to see a statement from lighthizer saying extra tariffs are subject to public comment. futuresres -- dow mini tanking, down over 300 points. haidi: so much for that three-day rally we saw to close up the night. the dollar-yen situation reflecting risk off, falling to the session low going into the tokyo open. just as it seemed trade tensions were easing or perceived by the markets, president trump turning up the heat again, ordering the u.s. to consider an additional of tariffs on china. let's get to joe sobczyk with the latest. the president said it is retaliation for china's $50 billion worth of retaliatory tariffs from the original threat of u.s. tariffs on beijing. can you say tit-for-tat here? joe: certainly seems to be that way. it is a dramatic and surprising fewlation, over the past hours it seemed to be under negotiation with t

betty: it is after 6:00 p.m. in new york. i am betty liu.e are looking at how all the action of wall street will play into the asia-pacific trading day. what a day we ended on friday in the markets, down almost 700 points on the dow or over 700 points. it was finishing lower by 573 2.2%,, the s&p also down the nasdaq losing ground as well, down over -- up do 2.3%. rightl be a week of trade on the agenda. we have the fed minutes, inflation data, and mark zuckerberg of facebook will be facing the music in congress. haidi: these congressional testimonies really are calling of theestion the future social networks like facebook and how they will be regulated, and sheryl sandberg meeting with european regulators. but investors are pushing for some sense of equilibrium. how do you position yourself given the unknowns? that look at the set up. we are pretty mixed, we have trading in new zealand area there is quite a bit of downside with kiwi stocks. the kiwi dollar 72.73. we have seen stability when it comes to the trade exposed risk currencies like

this is bloomberg. ♪ betty: good morning, i am betty lou in new york.you are watching "daybreak australia". believers and skeptics changing sides, back in january george soros conquered those -- and his family offers and plans to take digital assets. joining us is the ceo of a blockchain company active new york and recently launched a crypto and joins us now. great to have you. example,eorge soros that create a sense that this space is being institutionalized? >> definitely. we have not there is a wall of institutional money waiting on the sidelines and this is an example of that. they arey have said interested in the space, and this market has been dominated by we tell players. it is exciting to see this the moment, as well as opening up our own fund. haidi: we had a still that come out with regular and's of operators and crypto spaces -- a sense that regulations and policies are struggling to catch up with technology. you think more regulation is needed to legitimize this area? more relation needs to be placed in initial coin offerings. inposition as

betty: i'm betty liu in new york.ry breathe a sigh of relief after texas instruments reported first-quarter earnings and second-quarter guidance. found in pretty much every electronic device out there. data and details on this. instruments is the bellwether for semiconductors, the biggest one other that make these things. the demand, according to them, is good. counterpoint what we've been in the second half, they will see a pullback in terms of revenue. also tsmc which applies chips to apple. to the numbers. it's not just the first-quarter earnings which were good. it's also the guidance higher. you can see on your screen that dollar $.39 aone share and the estimate was $1.22. $3.9 billion there, the top moving a little higher. i want to show you my first terminal chart with revenue growth. here.s in the purple purple bars. you can see the stock price moving with revenue as you would expect. when this fills in for the second quarter, we are expecting a rise in revenue of 6%. you might be thinking, hold on, 6%. what y

betty: i am betty lou, you are watching daybreak australia.ioned sprint and t-mobile ending years of will they or won't they merge with $26.5 billion deal to take on at&t and verizon. su keenan has the details. su: finally they did it and the ceo of t-mobile saying it will have a huge impact on america. let's go right to the stock, which has had an impact already. the merge company is going to drag the rest of the players screaming to the -- they are talking about leadership in terms of this generation our next generation wireless. stock moving, t-mobile up as much as 2.5% friday, sprint up 10% friday. they close friday with a percent gain, which sprint has not had a profitable year and more than a decade. ae merger is viewed as bailout. announcing the combination, let's go here. this combination will create a fierce competitor with the network scale to deliver more for consumers and businesses in the form of lower prices, and ovation and second to none network. there is confident for you. it follows years of will they, won't they deliberation

betty: i am betty liu in new york.s had a tough time, with fake news, hate speech, privacy. nost quarter results showed signs of backlash. add sales were at record levels and they gained north american users after declines in the previous quarter. let's get analysis from ivan feinseth. should we take a page from the book of caterpillar that says, this may be as good as it gets? not at all, i do not think it is as good as it gets with caterpillar or facebook. they have growth ahead of them and opportunities for user engagement. yvonne: why, how? facebook used to pay people to search. what if people are concerned , -- are selling betty: are you hearing they are actually thinking that? is that just the ivan feinseth formula to for state -- to fix facebook? ivan: they want to increase quality engagement. would beg said he happy if people spend less time, but greater quality time. we have seen no negative backlash. probably more positive. betty: our advertisers going to want to hear that? ivan: advertisers want to go where

betty: that is right.e are looking at all the action of wall street playing into the asia-pacific trading day. there is easter, we wrapped up on friday ahead of the holiday weekend. a better mood for the bulls, but this week will be a lot on the agenda for investors. we mentioned headlines, looking at the terrace. we have economic data and, we will want to the volatility. the has been more important in some respects than watching economic or geopolitical news. haidi: it has been a tumultuous first quarter to put it mildly. if you take a look at this damage report in asia, the asia-pacific falling for the first quarter in five. we had this. .- we had this calm we had to brace for the volatility. one thing i am watching is the chinese response to u.s. tariffs, over 100 u.s. product with the tariff treatment changing. betty: let's remind viewers before the holidays where the market ended on friday. we did see green across the board, a color not often seen these days with the volatility. adding up 1.4%, the do

betty: i'm betty liu in new york.n friday.e we saw we will get a taste on whether that will spill over into the asian session. i wanted to pull up this chart. if you are trying to look for any silver lining, heidi, maybe this chart would for that. it basically shows you how the s&p still perhaps to some bold relief, has not quite reached the 200 day moving average. technical level has held pretty well in the selloff. continues, maybe in the selling, there may be all caps be a buying operant -- they -- and there may perhaps be a buying opportunity. haidi: that is what all the a spiritlysts tell finding opportunities in the return of volatility. quite a bit of courage in this uncertain environment we are in at the moment. ready, let's take a look at the setup and asia. it is looking dire as we get into trading. markets that are trading, new zealand where we are seeing losses underway. the kiwi dollar largely unchanged. we have seen pressure coming off . also the aussie dollar coming off that three-month low we have been

this is bloomberg. ♪ betty: good morning. i'm betty liu in new york.i am haidi lun in sydney. you are watching "daybreak: australia." electric fell the most on the dow after goldman sachs said its financials put the 2018 profit forecast at risk. analyst joe ritchie said and outlook cut is certain could come in the report this week. said itth, j.p. morgan expects ge to lower its profit forecast. and 2017ed 2016 results last week and said it saw no impact to this year's forecast. winning the backing of richard ellman for its restructuring deal, investors will get 15% of equity from 10%, and richard ellman committed his 18% holdings to that deal for noble. does notgoldilocks share his confidence, saying the revised plan won't reflect the truth i you attributable to shareholders. expanding why it collects data from people who are not users. mark zuckerberg said it was based on security reasons. the company has now expanded on that answer and said other sites .nd apps uses its services the company says that is because other sites and apps don't know who is

betty: u.n.mbassador nikki haley said washington is sending a strong message, and everyone will feel it this time. trade, the tpp and north korea's nuclear program are all on the list with shinzo abe visiting mar-a-lago this week. the boston fed president worried about rates. eric rosencrantz here, low unemployment, low inflation economy not going to last. hello from sydney where it is past 8:00 a.m. this is daybreak australia. we are an hour from the major market open. betty: it is after 6:00 p.m. in new york. we are going to look at how the action on wall street will play into the asia-pacific trading day. there was quite a bit of nervousness on friday in the markets. we saw all the indexes in the red. there was anticipation of what president trump was going to do .ith the strikes against syria they happened friday night. the president declaring russian accomplished on twitter saturday morning. you can see that nervousness in the markets. the s&p down, the dow off 123 points. the nasdaq also lo

betty: from bloomberg's global headquarters i am betty liu, where it is just after 7:00 p.m.evening -- aluminum seeing the biggest loss in three decades. talking trade, steve mnuchin preparing to head the china

betty: i'm betty liu in new york.after elon musk from to progress despite amiss in the first quarter production target. remy has been covering tesla all this week. in one moment, they are thinking bankruptcy in the next moment they are thinking, back on track. ramy: and if investors are looking to give elon musk a pass. up 6% inw with shares recouping $2.7 billion today, it is here they are doing it again. the question is whether they will do it in the second quarter wrapped though we just the first, it is interesting that investors are looking into the future. what tesla will or won't do. they said they won't have to raise capital or debt. investors like that. the are going to be hitting 5000 unit mark by end of the second quarter. these promises, we will see if they actually happen. the president was much more negative. a take a look at my first full-screen here. signed, sealed as delivered. is what they had. for 2500.recast was the delivery in terms of those units was 8180. the estimate was 8800. a clear miss there

betty: i am betty liu in new york. the magic number.chmark treasury yields hovering around the key psychological level. how will yields reshape the investing landscape? i want to bring in ethan hunter in los angeles. ethan credited with helping create the commercial mortgage-backed securities market while he was at nomura securities. we will ask you about the market in a moment, but first on this 3% level here on the 10-year, is this much ado about nothing? >> i think it is an important threshold psychologically, but i also think it is more than just psychological. we are living in a highly environment globally. people are leveraged. i think a lot of the same pressures, if not perhaps more, that caused the kind of tohestrated movements ultralow rates in 2009 and since our in place today. and i think -- >> like what, leverage? we do not have corporate leveraged to the same level perhaps, although there are different measurements of these things. so, for example, we have a tripled the corporate bond outstanding that is about triple what i

betty: i'm betty liu. 6:30 p.m. in new york. word news with cisco summers now. -- jessica summers now. jessica: the president hinting that the u.s. and china will reach a deal with trade tensions. he says the administration will come to an agreement on the dispute that has prompted fears of a trade war. goldman sachs chief economist says that the bank expects that the two countries will reach a compromise. is alibaba chairman jack ma prepared to abandon his commitment to help create jobs in the u.s., if they trade spat where since. -- worsens. he made the threat on the sidelines of the forum. the alibaba boss met president trump in january of laughter, saying he wanted to boost retail in the united states and create one million new jobs. and the congressional budget office says the u.s. deficit will top $1 trillion by 2020, that is two years earlier than previously predicted. the tax cuts and spending increases will grow the deficit by $1.9 trillion over 11 years, boostdoing little to long-term growth. is peaking at 4% in 2021.

betty: i am betty liu in new york.e said the return of volatility has caused less cash to go to etf and move into lower-cost products. joining us for more is alex from the s&p dow jones indices ceo in tokyo at our conference there, focused on the etf market. first off, i am curious what you make of the volatility we have .een here in the equity markets what does that mean for your business and for the local markets at large in increased volatility? i think the volatility pattern we have had comes on the heels of a long time of very low volatility, so it has made it look worse. volatility in general is not necessarily good, but when investors take a long-term view, something they can ride out, certainly there are a lot of products available for investors that allow them to take advantage of dampening the volatility in the markets while maintaining there is order. yvonne: do you think it will have a significant -- their exposure. yvonne: you think it will have a significant impact on their investing? alex: not really bec

this is bloomberg. ♪ betty: good morning, i am betty liu in new york.nd you are watching "daybreak australia". -- let's get a check of business headlines. it back to the new assets the fastest pace in seven years, and reporting billions of dollars of earnings and revenue that are better than expected in the seo is entering the final stages of his three-year turnaround plan and told us he is reluctant to forecast the future. >> it is volatile. it depends on the economy. but the pace, we are at the 13% increase in asia. rate issingle-digit achievable. betty: qualcomm results sparked optimism of rising chip demands for fun makers in china. it saw sales of up to $5.6 billion and up from 5.2 in the previous three months. second-quarter profits were $.80 per share, beating estimates of $.70 all caps is china's smartphone market to start to improve after orders during the at the end of 2017. weak ebay has given a outlook for the current quarter sinking the expects revenue to only just meet analyst expectations of $2.68 billion. shares slumping over concerns to

betty: i am betty liu.you mentioned earlier, the trump administration making a new push to have an outline nafta deal agreed upon, allowing leaders to make an announcement at the summit of america's next week. joe joining us now from washington. one moment, president trump is threatening to just cancel nafta altogether, and the next minute, they are trying to scramble together for a deal. what is happening? joe: there does seem to be some disconnect between the president's twitter account and the rest of his administration. there also seems to be some eagerness to wrap some things up. they have done this with the south korean trade pact. there was a lot of angst and words from the president about the deal with south korea. suddenly, there was an agreement on principle. not a lot of major changes to the pact. words from the president about the deal with southit seee same direction with nafta. there have been some outstanding issues on autos. an agreement in principle does not necessarily mean something will

this is going to be a pretty ugly one, betty. betty: pretty ugly indeed. 7:30 p.m.y in new york. the snow melted off your the gains in the market also melted off. just declines here. , 2%. i am betty liu in new york. yvonne: i am yvonne man in hong kong. you're watching "daybreak asia." first word news with jessica summers. jessica. sophie: u.s. manufacturing expanded at a slower pace in march. terrace helped with the materials prices to a seven-year high. 59.3.dex at that is below forecast. lowest slipped to the since august. the prices paid index rose for a fourth straight month to the highest since april 2011. an. based harbor energy made improved offer for australia's number three producer. the bid is worth $13.5 billion aussie. they granted harbor due diligence after receiving a new offer. was a major casualty of the oil route, falling at a 248 two years later. shares have been suspended since thursday. the bank of japan is offering a rather negative view on cryptocurrencies. the downbeat q&a for those seeking information. -- whether profits can be made. boj go

betty? betty: thank you so much, sophie.o be evaluating the potential impact of devaluing the yuan. our chief asia economics correspondent joins us now in hong kong. we're told that chinese officials are setting a two-pronged approach. talk us through their thinking here? guest: good morning. our colleagues in beijing reported that they are looking at the local angles, one is how to view the yuan as a weapon in the trade war. a lot of the analysts have pointed to it as a possible weapon for china as trade wars continue. the second angle is that they are looking at a cheaper yuan and the devaluation would help their own exporters in the event that the u.s. wants to slap or clamp down chinese exporters. none of this means that china has decided on a devaluation, but it speaks to the wider thought emerging now that china can go well be on the world of tariff barriers and into the world of nontariff barriers, when it comes to retaliating. one of the options they have is of course, the currency. we are not there yet, but there is

betty? betty: thank you so much, sophie kamaruddin. still weighing those options for u.s. military action against syria. he met with a jim mattis after tweeting this earlier. russia vows to shoot down any and all missiles fired at syria. get ready, russia, because they will be coming. nice and new and a, you should not be partners with a gas killing animal who kills his people and enjoy the. we have the latest from washington. what exactly are the options the president is weighing, and when might they come? nick: the big thing right now is a military strike. certain. but the question, who the u.s. will do this with. presumably with allies the u.k. and france. the u.s. last time a year ago fired 50 tomahawk missiles at syria, but did so on its own. is theme the indication u.s. wants to do something in concert with permanent members of the un security council, the u.k. and france. china and russia would clearly not join that. it seems what is happening, the u.s. and its two allies are working out the details of the strike, brett presumab

betty: i am betty liu., kim jong-un pledging the denuclearization, maintaining his charm offensive after a dramatic summit. we can assess the implications of the talks with south korea and the possibility of a meeting with president trump and geopolitical futures founder joining us. we know we have been hearing from all of our guest this sort of healthy dose of skepticism about whether kim jong-un is really to hear about nuclearization -- denuclearization. do you have any hopes? >> i am skeptical of him and everybody else. it is not that there is a serious issue, there are fundamental questions. he shut down a nuclear test site. now the question is going to be, what does he want in return? can we give it? i would suspect what he wants in return is a significant reduction of american forces in korea, possibly taking away the defense agreement. the question isn't sincerity, it is can the deal be made? buty: you mentioned that, it basically be he wants sanctions lifted, right? >> it may be, but i doubt that wi

this is bloomberg. ♪ ♪ betty: morning, i am betty liu in new york.watching "daybreak australia". president of getting next juliens on syria st. options for four hours after telling russia on twitter to get ready for missile attacks. is the us to discuss center for new america's security fellow, kilis harris -- nicolas harris. it seems the president has overpromised, and now yes to deliver on this. >> this is president trump's redline moment. put significant capital into this, and making this moment in syria a signature issue for his national security platform. what would a u.s. response the fact the next few hours? >> it will likely be multilateral, each meets france and the united kingdom will be involved and will likely seek cruise missile strikes from the mediterranean and also see strikes from aircraft in carriers in the region that are based in the persian gulf. the approach for the strikes is to send a message to russia, more than assad. the trump administration believes russia is the main actor back can bring about a better resolution to the s

betty: thank you so much. at bank of america merrill lynch, reacting to the first quarter tankan survery results. we are counting down to the open in japan and south korea. let's get a quick check on how u.s. -- japanese futures are trading. the nikkei futures down .2%. we are seeing a slight rebound in the dollar-yen. this is bloomberg. ♪ >> 8:00 a.m. in hong kong. welcome to "daybreak asia." a quiet day expected as asia enters a new quarter. volumes are cited to be subdued for several markets closed for easter. a bust in china as factory shrug off the trade war. beijing prepares to answer u.s. tariffs. just after 8:00 p.m. sunday evening. confidence dented after tesla's were share month. the model free is more urgent than ever. strike a red velvet diplomatic note with a rare concert in north korea. ♪ betty: talk about k pop layer, but the fact or's are singing a nice tune here for the first quarter. the survey showed up better than expected. still looking pretty resilient for the manufacturers. still holding

betty: i am betty knew in new york -- betty liu in new york.ber growth forecast exceeding expectations. lucas shaw has that story in l.a. for us. concernsle, there was about the describe the numbers. what happened here? what was the big surprise about? >> momentum, at this point. netflix would have big swings after earnings. rowpast four quarters in a have exceeded by a big margin, and the company seems to talk it up to this idea that they continue to deliver shows people want to watch and they created a streaming experience that a lot of people have taken to. the more people who sign up, more people get into the idea that this is something they have to have which is equal to or better than what they are paying for video. calling out individual shows. they don't call out individual territories. they don't call for a tremendous amount of detail as to why it is growing beyond the fact that internet tv is here and they are the leader. >> it has gone from a nice to have to a must-have. it seems like everyone has to have a subscription these days. l

betty: thank you very much.heryl sandberg saying advertisers have curtailed spending over the data privacy crisis. sandberg told emily chang that she take some responsibility for the scandal. build our didn't operations fast enough, and that is on me. we had 10,000 people working in security at the beginning of this year. this year alone we will double to 20,000. we are massively investing in smart technology, and doing all of this to make sure we get to a place where we can proactively protect people's data. emily joining us now from san francisco. you spoke with sandberg. what did you learn from this interview? ?o they get it are they really doing the things they need to do to turn this around? >> we heard mark zuckerberg take personal responsibility for this and a call with reporters, saying he did not take a broad enough view. i asked sheryl sandberg today if she felt personally responsible. she said come yes, i made mistakes. in the last 24 hours facebook has revealed that potentially 87 million users come

betty: i'm betty liu in new york. you're watching daybreak australia.ays he's looking forward to traveling to china to talk trade imbalances and tariffs. wilbur ross will be joining him as long as light heiser. it comes amid tensions in china saying it is quite prepared to defend its interests. mr. mnuchin: i'm looking forward to very frank discussions on the trade issues and continue those discussions. and see if we can reach a mutual solution. the good news is, president trump and president xi, since mar-a-lago, they've been talking about the trade imbalance. acknowledge that the objective is to have a more balanced trading relationship. the presidents have a close relationship. i'm going over there was a large economic team to see what we can get. chinesee: if i were the and listening to that team, it will be you, u.s. trade representative peter navarro -- mr. mnuchin: and larry kudlow and secretary ross. stephanie: should i be listening to you preparing for these conversations or peter navarro? is that a united front? you should be listening to all

betty: i am betty liu.p ceo as he raises allegations of personal misconduct and misuse of company assets. he denies any wrongdoing but leaves with immediate effect days before the wpp board is to publish the findings of an inquiry. he spent three decades making the company a powerhouse in advertising, earning a fortune along the way. yvonne: a quarter of the boeing dreamliner's in-service face restrictions on long-range flights, problems with their engines. the faa respected to limit the time that they are powered by the variant away from the nearest airport. european regulators require closer inspections of the engine after rolls-royce admitted durability issues. betty: the leading smartphone and chipmaker may use blockchain to manage its network. looking at shipments worth tens of billions of dollars a year. the information and tech arms says lockett -- blockchaining could cut costs by 20%. it is a breakthrough that will transform the way transactions are recorded and verified. and you know, we were just

betty: i am betty liu in new york. got to hand it to the senators, they covered a lot of bases with mark zuckerberg in those five hours of testimony. he was certainly in the hot seat. it was interesting, you had senators express frustration, said sorry many times. we are likely going to continue to hear that, come tomorrow in the house. also, issues raised in the last hour whether facebook's business model should change, whether there may be options for a paid version of facebook. we continue to hear zuckerberg reiterate as a free platform, that seems the direction he wants to continue to see facebook going. yvonne: that would be an interesting shift. he was open to many proposals lawmaker suggested as well. multiple times he said, i will go back to my team, follow-up what we get. it raises the question of just how far facebook is willing to adopt any necessary changes after these hearings come to an end. things i was the watching as we were commenting behind the scenes is, i know the privacy questions about and data a

betty: i'm betty liu in new york and you're watching daybreak us try a. the new york fed getting a new boss. it john williams replacing bill dudley, becoming one of the officials inwerful the federal reserve system. our global economics and policy editor kathleen hays here with more. was controversy about john williams and rumors about him becoming the president of the new york fed. >> he is. a big bill in reserve system and something that people are watching for any influence it may have on policy because the new york fed has selected san francisco fed president john ym's to replace bill dudley. bill is retiring this summer and rumored that john williams was in the running. we now know he certainly was. let me remind everyone why the fed's position is important. first among equals. among the presidents 12 rotate devote every year.

betty: trends like that are something we have been tracking for a number of years.premium space as you mentioned -- we are seeing sustained interest. across several investor , have expressed an increase in interest in risk premium. we have been tracking that through time and seeing that come to fruition. vonnie: what are your overall conclusions? it really is a phenomenal 35 pages. walking away, if you were to get a nutshell, conclusions, what would they be? betty: the big picture looking ahead for 2018, a key metric to anticipate is the net flows into or out of the hedge fund industry. a proxy fors investor sentiment and takes into account hosts of factors in the minds of investors. $40 2018, we are predicting billion of net flows into the industry and if that comes to pass it is a strong sign for the industry. thinks theanyone industry is dying or dead, give them a copy of this. the global industry outlook, our , here in thety gee u.s. mark: investing in volatile markets. andrew james gorman joins us avos next.d this is bloomberg. ♪ ♪ it is time for our bloomberg

let's begin with betty friedan. who was she? guest: let me if i could go back one second, i think mona is exactly right about what the data show. but it is also interesting what the culture celebrated in the 1950's. even though she mentions women working in larger numbers than had been in the past, if you look at advertisements, if you look at television shows, what was honored and celebrated was the happy homemaker, and that's a large part of what betty friedan rose to respond to. so betty friedan was a very bright, very well educated woman. she began her own career mostly as a reporter and sort of got shunted, as many bright women in that field did at that time, into reporting on women's issues and the making of pot roasts and the knitting of sweaters and those sorts of things. and as she tells it in her big book and in other forms, she started to get the sense that something was wrong and she went back to her college classmates and she started interviewing them. she started interviewing other women in the supposedly idyllic s

senator betty lasky, representative cindy rosenwald, the honorable judy reardon, linda schmidt, local 1984 new england college, shannon chan lee and john for state senate. the granite bridge project by liberty utilities. town councilman ted cohen, alderman garth, you a local 131, united auto workers, senator harold janeway, councilman chris pappas, new hampshire afl-cio lars riddell. let's give them all a big round of applause. [applause] and at the mt. jefferson level, the national air traffic controllers association, local 195. the. the professional firefighters of new hampshire, northern new england district council and paul. give him a big round of applause.

betty: adam haigh, bloomberg global editor. jay powell sees strengthening in the labor markets to keep raising rates gradually, but what about the specter of a trade war? does that affect the fed? here with more. let's start with the jobs report friday, undershooting estimates. kathleen: maybe one of the measures looking stronger. bottom line what happened was we expected pretty much. the march jobs report was hit by unseasonably winter weather, very harsh on the east coast, compared to february with unseasonably warm weather boosting numbers. let me give you details to show you what i am talking about. 103,000 inre up march. the forecast was 185,000. that was down from 326,000 in february, averaging 200,000 a month. unemployment was steady. it was supposed to drop. now basically holding steady.

low hold flights have been cut very looked on as a says ninety thousand passengers will be affected betty is demanding a six percent pay rise for millions of employees in various. public sector rolls across the country. china's foreign ministry is complaining trade negotiations with the united states are impossible under the current circumstances. has pledged to counterattack of great strength if the u.s. follows through with tariffs on an extra one hundred billion dollars in chinese goods president trump tweeting today their range been some out to stupid trade. trying to improve relations with japan and he's premier league to china meeting the head of japan's trade commission you'll high cool in beijing it's the first economic dialogue between china and japan since twenty ten you know it could just lead to trade flows moving in a very different direction. the diesel emissions scandal hit two years ago and still the germans are struggling to catch up on the global shift towards clean automotive technology hydrogen fuel cells just one example if the germans don't have it motorists will jus

what an honor it is to be awarded the betty s. murphy award here today. she was one of the co-founders of this great organization and a champion for women and women republicans throughout the country. i was surprised when i was -- when it was announced that i would be receiving this award because oftentimes i don't consider my dedication to the community, d.c., and this country special or worthy of such an award. i consider it my duty and my privilege to work to make where i live a better place and to give back where i can. i'm proud to stand up here today as an elected official and as a nonprofit and community leader to show that we each can make the world a better place if we are passionate about what we do, work hard, and stay humble. i continue my working -- my work here in d.c. and around the country helping to shape policy for working women and their loved ones, build a pipeline of talented women to be the next leaders shaping the political landscape, and explore ways to create a more robust education system that workers in next generation of studen

alejandro: son mÁs de 24 horas desde que betty saliÓ de oaxaca.gobernador de arizona, dijo esta tarde en un mensaje en twitter que su estado se estÁ preparando para enviar 150 miembros de labores civil a la frontera. comentÓ que lo estÁn coordinando con los departamentos de defensa la seguridad nacional. mientras el gobierno termina de definir cuÁntos soldados va a desplegar exactamente en tierra, en la frontera, se empezÓ a evaluar la zona. pedro rojas nos reporta de los primeros movimientos y nos trae reacciones. pedro: helicÓpteros de la guardia nacional ya patrullan la frontera en el sur de texas, mientras voceros de esta entidad militar aseguran que por ahora no tienen nuevos detalles del despliegue que ordenÓ el presidente trump. entre tanto, para juan lÓpez quien tiene su vivienda en el poblado de los Ébanos, el aumento de la seguridad es necesario. para describirnos sus razones, nos enseÑÓ cómo el constante cruce deja rastros en su cerca. >> estas ramas tiene espinas, la puse para abajo. asÍ. pedro: mariana dice que todo estÁ bien en la zo

kpix 5's betty yu takes us into a new bay area lab testing the dangerous chemicals that could be lingering in cannabis. >> reporter: this is one way a new cannabis testing lab is getting a sample of the product, adding liquid nitrogen to fully break down this chocolate edible. the lab is open to do analytical testing for cannabis products in all forms. >> it starts off as bud. >> reporter: since recreational marijuana became legal this year, the state bureau of cannabis control is requiring all marijuana growers to send products to distributors to get tested before they arrive at dispensaries. the state recently rolled out a lengthy list of pesticides, solvents, and other contaminants that must be tested for. >> we test for contaminants like mold and yeast. we also test for e. coli and salmonella. >> reporter: lori klausner says it is too early to say how much cannabis tested in this lab is contaminated. when the company's lab in oregon did similar tests, 30% of concentrate products and 5% of flour products had contaminants above state level. >> i absolutely anticipate the quality of produ

betty yu emceed the event honoring the traditions of asian americans. more than 125 community and business leaders joined us to enjoy music by yukalefvi. food from chef byron gee, and works by local asian artists. >> reporter: live at oracle where it looked like the warriors were going to wrap up the series against the spurs in a furious antonio, they had a second chance to close them out tonight at oracle, where they've won their last 11 po warriors had a chance to close out the series on sunday, didn't do. it another chance tonight at oracle where they've won 11 straight post season games. with a win tonight, durant and golden state could prepare for their next game. durant in transition, buries the 3 over kyle anderson, the warriors had a 16 point lead, but the spurs did not go away. under 3 minutes left, aldridge gets in for the dunk, san antonio was down by just 6. final minute, it's 93-91, but durant gives golden state breathing recommend. he finished with -- room, he finished with 25. now it's on to the second round to face the pelicans. >> just

kpix 5's betty yu has a preview. >> reporter: it is arguably the largest most eccentric and x- rated everything must go sale in the san francisco. spread across 40,000 square feet inside the storied armory in the mission.>> we called it when we first saw it. the human hamster wheel.>> reporter: the human hamster wheel is selling for $450. >> you could classify these as dragons. >> reporter: a century-old pouch in need of tlc.>> there is lots of artwork, gym equipment and you never know what you are going to find.>> reporter: after occupying the fortress for a decade, porn producer is moving out for good. kevin black is running the four- day estate sale which begins on friday.>> it is very unusual. the size of it, 200,000 square feet. what we have been doing the past week is emptying out the entire building.>> reporter: because we are talking about kink.com, there are props.>> over here is a 1950s dental chair.>> reporter: the most expensive item for sale is this grand piano for $5000. in the basement, we found a chance to own some of san francisco's history. the booth is complete wit

here is betty. betty: this separate view of women, we had to get rid of that. we had to break through that. we had to say, women are people, no more, no less. to consciously fight for and realize that we were entitled to the same opportunities to participate in society, the same opportunities to control our own destiny, the same right to participate in society to control our own destiny as men had. when you think about it, the modern woman's movement in america is supposed to have begun with my book in 1963, and we are 37 years later, and we really have transformed society. they weren't asking in 1963, what do you want to be, little girl, when you grow up? you are a pretty little girl, you will be a mommy like mommy. they didn't ask women what do you do? women were supposed to say a housewife. so just a housewife was kind of a label, that most women had in those days, because even -- oh, 30, 40 years ago, only 1/3 of american women worked outside the home. not all the women went home again after world war ii, but a lot did, and two generations that didn't have

betty yu / @bett >>> making headlines tonight.uced to the newest school senator named fury boy. >> here at uc berkeley. a squirrel ran for a seat in the senate and won. his name is fury boy. not everyone here is nuts about the idea. underneath this squirrel suit is sophomore steven boyle. >> it was a joke but i am here to make change. >> reporter: it began with this, it was posted to the uc berkeley mems group on facebook. >> i started to think how it was a viable idea. i started going to the process of filing for candidancy and got a squirrel suit. >> it got him the attention? he won one of the 20 seats up for grabs in the associated students of the university of california senate. the backlash has been a lot. some are calling it a travesty. >> only actions speak louder than words -frp the people that i upset i will follow-through. he says he is passionate and focused on environmentalism, disabilities and mental illness. he was diagnosed with bipolar disorder. >> he is serious about the school and he wants to do a lot of good thi

in san jose, betty yu, kpix 5. >>> a couple of thieves caught red handed after trying to break into a home in rodeo. sur i have lance video shows the crooks in the backyard when one of them gets inside through the window. the homeowner was at work in oakland when it happened. her security system activated a two-way audio system where she was able to scare off the two masked men. >> i saw the first guy getting inside the house, the other one was about to follow and i started to say what are you guys doing, what are you doing. i was really, really angry. i was also scared. >> tonight police have identified the suspects, but they have yet to make any arrests. >>> one group says the triple threat of droughts, flooding, wildfires here in california could get much worse over the next few decades. according to major climate change. the state could expect to see a lot more of these dramatic weather swings in the next 60 years. the reason, climate change. >> and so the biggest vulnerability that we found in our storm event report is in santa clara county. this area down here. >> and the group

kpix 5's betty yu explains. >> reporter: when 420 rolls around on friday, it will be the first since recreational marijuana became legal in california. it means big business for dispensaries across the bay area including buddies here in san jose. today the state issued a warning to license dispensaries ahead of the big celebration. buddies cannabis says they usually get 400 people through their doors a day. but this week it is seeing up to 700 a day. >> we are still in the earlystages from transitioning to a legal market. some folks still need to know what the rules are. >> reporter: the first to receive a state license to sell recreational marijuana was notified via e-mail. the bureau of cannabis control sent this warning to legal dispensaries. they could face fines if they participate in unlicensed temporary events, away from their stores. the bureau has issued specific licenses to groups that are limited to holding marijuana celebrations on county fairgrounds. >> obviously the state is interested in tracking and tracing all sales of cannabis, so they don't want to have these free