bonderman apologized calling his remarks inappropriate.is comments come as the company were talking about the investigation conducted by eric holder holder recommendations include 50 ideas to improve workplace culture, including reducing alcohol at work events and preventing intimate relationships between employees and their bosses travis kalanick is taking a temporary leave of absence in an e-mail to his 14,000 employees, he wrote if we are going to work on uber 2.0, i need to work on travis 2.0 to become the lead their this company needs and that you deserve. day-to-day operations will be run by a committee, which includes several female executives including rachel holt this is a much awaited report. the company has grown so big so fast i have to wonder if this is a publicly traded company, what would the stock be doing >> a lot of people say this will impact it. the >> it raises the question, if it does ipo, does it get away with a facebook or snap style shares. quick on bonderman, is this a single one-off poorly timed expensive joke on

did he have to -- now we're on to dave bonderman. given the sentence that he said around women talking more and sort of the jokey way we understand he said it. did very to resign >> probably. look, it is an aggravating catalyst and whenever you have somebody say something that causes people to be on cable tv talking about it, rather than the company going about the business of fixing its problems, it's a distraction. i found in situations like this companies simply don't want to be in the position where they're trying to explain what a person said so the easiest way from "a" to "b" is to step down and get it out of the news. >> how acute in terms of what you think he said at the meeting, meaning had he not resigned last evening, would we be talking about this for a week or more? >> you would be talking about it for the next couple of days, looking at it in the context of hold every's report. if this had happened during a retreat that had no timing intersection with the release of this report, we would be having a different conversati

. >> david bonderman's exchange game as the board was discussing a policy change for sexual harassment and corporate misbehavior. short time later he resigned from the board and ceo travis kalanick said he would take a leave of absence for unspecified time to grieve his mother's death and become a better leader. came as list released of recommendations to improve uber's culture. include limiting company spending on alcohol, prohibiting use of nonprescription controlled substances and banning office romances between employees when one reports to another. >>> time to focus on the weather. >> meteorologist sandhya patel is here with the forecast. >> it's going to be cooking later on this week. look at what you need to worry about. heat's up friday through sunday. risk of heat illness and poor air quality and possibility of records. check out temperature trend, you will notice that concord is really going to heat up. so starts out pretty comfortable next few days then the temperatures are soaring. saturday, sunday, close to 100 degrees. average high is 82 degrees. beautiful time lapse of t

. >> david bonderman's exchange game as the board was discussing a policy change for sexual harassment and corporate misbehavior. short time later he resigned from the board and ceo travis kalanick said he would take a leave of absence for unspecified time to grieve his mother's death and become a better leader. came as list released of recommendations to improve uber's culture. include limiting company spending on alcohol, prohibiting use of nonprescription controlled substances and banning office romances between employees when one reports to another. >>> time to focus on the weather. >> meteorologist sandhya patel is here with the forecast. >> it's going to be cooking later on this week. look at what you need to worry about. heat's up friday through sunday. risk of heat illness and poor air quality and possibility of records. check out temperature trend, you will notice that concord is really going to heat up. so starts out pretty comfortable next few days then the temperatures are soaring. saturday, sunday, close to 100 degrees. average high is 82 degrees. beautiful time lapse of t

exchange obtained bia hoooo at a staff meeting between uber board members arianna huffington and bonderman a lot of data that shows when there's one woman on the board it's much more likely that there will be a second woman on the board. >> actually what it shows is that it's talking. >> reporter: the backlash online brutal calling bonderman's response moronic. others describing the company as a literal frat house. overnight bonderman resigning issuing an apology calling his comments careless, inappropriate and inexcusable adding i need to hold myself to the same standards that we're asking uber to adopt. this is just the latest instance of turmoil at the company. uber's ceo travis kalanick apologizing in march after this video of him arguing with one of his company's drivers surfaced. >> some people don't like to take responsibility for their own [ bleep ]. >> i take responsibility. >> they blame everything in their life -- this year they had a series of pr setbacks from allegations of sexual harassment to the ceo berating a driver in the back of an uber to another e-mail that came out th

at a staff meeting between uber board members arianna huffington and david bonderman. >> there's a lotdata that shows that when there is one woman on the board, it's much more likely there will be a second woman on the board. >> actually, what it shows is it's much more likely to be more talking. >> audience: ooooh! >> trevor: oh! you can tell this guy works for uber because he does not know when to shut up. ( laughter ) seriously. how stupid is he? the sexist insult is bad enough, but interrupting a woman who is talking about sexism to make a sexist insult-- that's like bill cosby trying to slip quaaludes to the judge at his trial. that's what that's like. and even bill cosby knows better than that. even he knows better. although, although, yesterday, out of nowhere, cosby did something-- he was-- he was coming out of court, and he did something that was super weird. >> as he was leaving the court, cosby mimicked one of his characters, fat albert. >> mr. cosby, any comment about the jury deliberations? >> hey, hey, hey! >> trevor: what are you doing? ( laughter ) like, what are you do

. >> within hours david bonderman co-founder of a top private equity firm apologized and resigned from uber's board. >>> the tsa is testing fingerprint identification technology to replace your boarding pass. the pilot program is considered the next step towards the agency eliminating those paper passes. it's being tested at airports in atlanta and denver. the tsa is determining whether that system is reliable, but the private company clear already uses the fingerprints and iris scans. >>> american airlines canceling plans to reduce legroom on some of its new planes. it was to reduce the space by an inch to add room for higher priced passengers. but american decided against that change after receiving feedback from customers and employees. legroom on the new 737s will remain at 30 inches. >>> two inmates escape after allegedly killing two prison guards. a massive manhunt under way right now. >>> see the suspect accused of using avocados in an assault. >>> the latest from london, that high-rise up in flames overnight. ♪ the sun'll come out tomorrow... ♪ for people with heart failure, to

. >> reporter: david bonderman cut hef off and said more board members means more talking. it's emblematic of the culture uber is trying to curb. it reads in part, i want to apologize to my fellow board member for a disrespectful comment that was directed at her during today's discussion. it was inappropriate. in san francisco, tiffany wilson, abc 7 news. >>> next on abc 7 news at 6:00, outpouring of support for a purple heart veteran who lost his home to foreclosure. >>> authorities look for evidence of criminal and civil violations in the home foreclosure of a longtime san mateo family. i'm michael finney with the "7 on your side" follow-up straight ahead. >>> mild for the warriors victory parade. then a heat wave. i'll have of the forecast coming up. >>> this is one flower that you would not call fragrant. but that is not stopping thousands in san francisco from giving it a whiff. >>> there was this wonder woman drawn by san francisco artist trina robbins. i'm can a toothpaste do everything well? this clean was like pow! my teeth are glowing. they are so white. step 1 cl

. >> reporter: david bonderman cut hef off and said more board members means more talking. it's emblematic of the culture uber is trying to curb. it reads in part, i want to apologize to my fellow board member for a disrespectful comment that was directed at her during today's discussion. it was inappropriate. in san francisco, tiffany wilson, abc 7 news. >>> next on abc 7 news at 6:00, outpouring of support for a purple heart veteran who lost his home to foreclosure. >>> authorities look for evidence of criminal and civil violations in the home foreclosure of a longtime san mateo family. i'm michael finney with the "7 on your side" follow-up straight ahead. >>> mild for the warriors victory parade. then a heat wave. i'll have of the forecast coming up. >>> this is one flower that you would not call fragrant. but that is not stopping thousands in san francisco from giving it a whiff. >>> there was this wonder woman drawn by san francisco artist trina robbins. i'm ♪ ♪ isaac hou has mastered gravity defying moves to amaze his audience. great show. here you go. now he's added

dave bonderman said adding another women to the board would create more talking.arianna huffington is currently the only member. he later apologized. >>> uber ceo travis kalanick will take a leave of absence as culture. he said he'll work to focus on myself and to focus on building out a world-class leadership team. >> uber released a report yesterday. they include transferring some of kalanick's responsibilities, creating new requirements to handle harassment complaints. holder's investigation was prompted by a scathing post by a former employee susan fowler who ahedged mismanagement and sexual harassment. jodi is a correspondent. good morning to you both. >> set the tone, joni, for the meeting. mr. bonderman said his statement was taken out of context. >> this was about the most imagine. as reported the former attorney general has just investigated the company. they're saying they're going to remake this company from top to bottom. the ceo is about to take a leave of absence. the whistle blower who revealed the sexual harassment is getting a round of applause at

a board member this guy david bonderman was at a meeting and they were talking about the importance ofember said there's a lot of data that shows when one woman on the board it's more likely there will be a second woman this is what he said. >> i want to close my ears when you sayty know what it is. but go ahead. >> it's also much more likely there will be more talking. i mean, that goes beyond poor taste and bad timing really? he has apologized and res resigned. doesn't make it better. but like i said you can't make this stuff up. >> moreover you wouldn't want to. that's the kicker. you wouldn't want to make it up. you wouldn't want to. >> weighty have the rap american airlines not takig away our inch of >> they're listening and know you're frustrated and squeezed as a passenger reversing plans to cut leg room. >> yeah americans. >> we'll see you tomorrow. >> end on a positive. >> let's do that. >> see you tomorrow. >> guys are clapping. >> they want to cut an inch of leg room. >> every inch koujts. >> like my words earlier every step counts. >> every step counts that's neat sglet hav

. >> it was complicated when david bonderman step down.er looking to add another independent board member. it will be interesting to see what the new ceo and coo, how they will fit into the leadership structure at uber. there have been a ton of changes the last 4-5 months. looking for ceo, coo, cfo, cmo, and they have other people left as well. and waschael also left replaced by someone who was hired interna lady. been a time of turnover and turnover on the board, and they just hired a new board member. i think the new dynamics are very much up in the air and we will have to see how that plays out. joe: the anxiety of the shareholders, what do we know about uber's fight ration and a theoretical ipo? heard anything about the file you wish numbers for the company. this is a company that does not allow early investors are employees to sell pieces of their stakes, and that would indicate the valuation numbers they are giving the company and private stock sales, so we don't know if these scandals have hurt uber's valuation, but there are some r

on tuesday, , billionaire david bonderman also resigned from uber's board, after making disparaging comments about women at a boaoard meeting intended to address sexual harsmsment. saying if there were more women on the board "it is much more likely to be more talking. gillespie won a narrow victory over his trump-supporting challenger in the republican primary for the virginia governor's race. his challenger, corey stewart, ran his campaign on his loyalty to president trump. while gillespie was expected to win by a wide margin, he ended up winning by only a few thousand votes. he'll now face democratic lieutenant governor ralph northam in november. and a new analysis of 2016 data shows that five men now possess as much wealth as half of the world's population combined. , a five men, bill gates spanish businessmanan, jeff bez, warren buffett, and a mexican medications.. and those are some of the headlines. this is democracy now!, democracynow.org, the war and peace report. i'm amy goodman. juan: welcome to all of our listeners and viewers from around the country and around the world. attornr

last week, billionaire david bonderman also resigned from uber's board after making disparaging comments about women at a board meeting intended to address sexual harassment, saying that if there were more women on the board, "it's much more likely to be more talking." at least 20 uber workers have also been fired over the reports of sexual harassment. the dash camera video of the police killing of african american motorist philando castile in minnesota has been released, only days after police officer jeronimo yanez was acquitted of manslaughter. the dashcam video shows yanez pointing his gun at castile through the driver's side window. castile then informs the officer he has a gun in the car, which he was licensed to carry. in the video, you can also hear the voices of castile's girlfriend, diamond reynolds, and her four-year-old daughter, who were both inside the car. a warning to our audience, this video is graphic. >> i do have a firearm. >> don't reach for it. don't pull it out. don't pull it out. [gun shots] >> it wasn't reaching -- >> don't let out! don't move! don't move! >> oh,

. -- bonderman from the board.e ran by a management committee as it navigates a wave of scandal. quarterly earnings rose at a fast pace in almost two years. operating profit gained 18% in the three months through april. that is online sales bolstered growth of zahra. ends a 27 year run as an independent company for the paris in part. it struggled to match the popularity of its u.s. counterpart and had to be bailed out at least three times. disney holds 97% of euro disney after an offer for the european units last year. that is your bloomberg business flash, guy? matt: thanks very much. german finance minister wolfgang schaeuble told us in an exclusive interview that an economic disaster with threaten the euro era -- area if financial risks were shared without joint policymaking tools in place. angela merkel's government has been wary of measures like , since sovereign debt greece and 2710 -- greece in 2010. wolfgang: i can only see risk. , -- an economic lesson you must never forget. matt: piers hillier cio at roya

in response, bonderman said actually it shows is more likely for more talk in.orded e-mail to uber staff: his remarks careless, inappropriate and inexcusable at a time in the company is trying to repair its image. quite surprising. trade to bob nardelli. >> is a place for leadership training that you kind of had to have it in your dna. you can'impose that on them. they either believe in it or ey don't believe in it. we have seen it many times. entrepreneurs are great at starting some theme. the transition may be approved. and timely to save this company. maria: said to have been epg. >> i laughed when tracey redpath. i would have hoped it might not end called to his face in front of everybody, which i've named this even better than having to resign from the board for making such a remark. >> i think if you are one of these investors have you seen the value of uber corp. $68 billion, you are probably getting nervous now. you want people in the workplace to treat each other with respect, but the lawyers from covington and berlin are now in charge. they are whackin

apparently there are some factions that have emerged bill gurley on one side perhaps with david bondermannna huffington and garrett camp what's been a long time friend of travis' and cofounder of the company on the other >> that's the issue. garrett camp who is chairman and cofounder along with travis, the two of them if they align themselves, they effectively control everything now -- >> how much do they own between those two? >> it's not entirely clear what exactly the proportions are but together they would have controlled all of those. or effectively control the votes. and so therefore, it comes down to a relationship between travis and garrett camp as a chairman if that fractures and we're hearing through sources that it is -- it's being pressured anyway, that relationship, that could push travis out. or at least push him aside long enough that they could change management, change the leadership >> what does that look like? he leaves temporarily. >> right >> they install a temporary ceo? a coo? a president? >> thetemporary ceo i think th most likely candidate if we're going to pick a