it is china beach which was this morning and really an amazing experience. and then i believe the fourth and fifth day are out in the rougher waters at ocean beach. i used to serve as a kid. >> he wants the overhead? >> china beach started off the there. this is them. they start the morning off there. with about an hour and a half less in learning about the titles and the water coming in and out and how that actually affects the water and the tide affects the currents coming in and out. i was there around 10:00. and the tide was going out. at the water line, the water was pushing us towards the bridge. if you sat out there, you would move about 100 yards in less than a minute. it was actually pretty powerful. what these individuals do is pretty moving. they start off with a 400-yard swimming you can see the far rock there where the water is out at the end here. from there to the end and about here, it is about 400 yards. in that title water, it is pretty intense. i'm not in that picture. i did not do that. and then it broke up into four stations. the four st

in other news — north korea's kimjong un makes a surprise second visit to china for a beach rendezvoush president xi, just weeks before his planned summit with president trump. every day on outside source, we pull together the most important information on the biggest stories. if you want to get in touch with them, the hashtag is #bbcos. (titles) after months of speculation — we have an answer. donald trump has pulled america out of the iran nuclear deal. in an address at the white house, the us president said the current deal doesn't stop iran from making nuclear weapons in the future. take a listen. injusta injust a short in just a short period of time the world's meeting state sponsor of terror will be on the cusp of acquiring the world's most dangerous weapons. therefore i am announcing today that the united states will withdraw from the iran nuclear deal. inafew withdraw from the iran nuclear deal. in a few moments i will sign a presidential memorandum to begin reinstating us nuclear presidential memorandum to begin reinstating léfgévr will ff " ”7 presidential memorandum to begin

so i'm gonna hand it over to my colleague from china town north beach. >>> supervisor peskin? >>> thank you, madam president and colleagues. first of all, i want to thank supervisor safai for having the courage and perseverance to move this forward. i also want to thank the staff and director riskin as well as the commission for working with us in a collaborative fashion and underscore what supervisor safai said, which is just the mere presence of this appeal procedure has already, i think, started to affectuate the kind of communication that many of us felt we're lacking. it's very difficult to explain that as a result of the 2007 proposition a charter amendment, this board of supervisors has little, if any, legislative authority over the works of a $1.2 billion agency known as the sfmta. supervisor safai said a little bit about prop a. i want to actually, just for historic reminiscence, go back to 1999 when two supervisors collaborated on proposition e, which was the first real piece of charter reform since they were a property of our public utilities commission back in the

the port of long beach does about $100 billion of trade with china. its executive director here live to tell us what he thinks team trump to do about trade and what's going to happen with nafta. and could there be a changing of the guard at berkshire hathaway? well, not right this moment, but are we in a movement for two men to be at the helm? we take a deeper look at one of them, greg abel, the man some think one day could run warren buffett's empire. we're less than an hour to the closing bell, let's start the "countdown." ♪ ♪ liz: and we are getting reaction from world leaders fast and furious. let me get to israeli prime minister benjamin netanyahu who just put out a statement. he spoke after president trump did. he says he pulley supports president trump -- fully supports president trump's decision on iran's nuclear deal. here is what he said. >> president trump did an historic move, and this is why israel thanks president trump for his courageous leadership. his commitment to confront the terrorist regime in tehran and his commitment to insure t

that gets the world more educated about china, but in terms of actual dollar amounts, i think it was 5%. -- becauseoing to be msci, everyone who studies it will beachtudying china. i think that is a good plus for china. eventually, they make the full share of msci, everyone who i think the stock market is 30% the size of america or something like that. stock. you have to have a convertible currency. that is quite a ways away. stephen: you called into your notes to client it is an arms race. jamie: it is the biggest threat facing the financial system in the world. we have to be forward-looking. it has to be part of trade, geopolitics. i think a maritime law, very strict rules. countries have courts and responsibilities. there would be no over tellier should. -- no retaliations. people like jpmorgan, we spent $7 million year, we think we are very protected. governments have to have to be behind us. you need a convention of cyber to get everyone on the same page. stephen: the other side of the coin is legal data linking -- leaking. if you want to take facebook and cambridge analytic a as an issue. you have tons of client data. is there ever a point yo

would know what china is up to and b it's not enough to fill that three hundred thirty five billion dollar treat deficit i know according to a state chinese official who wrote on a beach at those in oak a communist party's people daily the agreement i quote preserves try this right to develop its economy as it sees fit and how this already priced to china be fixed on its position of increasing imports rather than a negative position all cutting exports like i will all that said how long will the truce hold then that's the big question. it's a million dollar question not just the big one but one thing's for sure it will be temporary as what you report to a halt in theory this is going to be because we don't know take note that this is a show that china has the killer lead it to the u.s. but rather this is about giving both economies the time and space to rethink and restricted its trade deficit both that trade definitive it's also worth noting that china has successfully muscled its way around the terrorist proving this trend to trump but we can be relieved that as you said the two of these talking you said oh spitting one tariff at each other after another ultimately

if we have a deal and china emergency beach side meeting to pull that deal back which screwed up everythingeportedly before, just put them in there. pete: there is going to be those side talks no matter. what north korea is going to step out of the meeting and make a phone call to beijing do you like this or not like them. include them or not is the interesting question. ainsley: we will have kellyanne on is this meeting on. the president says there is a potential. a possibility i would like to move forward as planned. he talked to japan's prime minister yesterday over the phone. and the prime minister of japan said i want to meet with you before you sit down for this north korean summit. they will bothable at the g-7 conference coming up. the first week of june, june 8th and 9th. maybe they will be meeting there. the media over in japan is saying he might go to washington. brian: i think they are both dead serious for different reasons about getting it done us and then. the thing is they have that meeting that was cancelled mysteriously north and south korea exercises on the books. emergen

they're building massive resorts up and down this beach hoping that tourists from nearby south korea, from china, and eventually from all over the world, will come here. because up until now, wonsan has been the place where north korea has launched many of its missiles, more than 40 of them. so a lot of the video you've seen of north korea's missile launches, those are taken place here in wonsan. so they are really trying to reinvent what this is known for and hoping that in the future tourists will want to come to north korea. jeff. >> glor: ben tracy in wonsan, north korea, tonight. president trump's son-in-law and senior adviser jared kushner has had his security clearance restored. kushner's permission to view top-secret information was revoked in february after white house chief of staff john kelly clamped down on temporary security clearances. kushner's lawyer said today that kushner has now completed the f.b.i. background process. the president today vowed to take new action to stop ms-13, a violent street gang made up primarily of central american immigrants. he traveled to long island,

china may have done. took was at this stroll along the beach shown on north korean television that ultimately caused diplomatic carpet for the white house? what did the chinese president say to north korean leader kim jong un when they met earlier this month? president trump thanks whatever it was, it was not good. >> i think things changed after that meeting. i can't say i am happy about it. to the president was meeting with south korea's president in an effort to get next month's proposed u. s.-north korean summit next -- back on track. he did not sound optimistic. there is a chance it will work out. there is a substantial chance it will not work out. i don't want to waste a lot of time and i am sure he does not want to waste a lot of time.. it this seemed to heighten the drama. >> it seems like the president was executive producer of this. tune in june 12 for the exciting conclusion. with a meat? >> reporter: in north korea, there is at least one positive sign. a group of international journalists are preparing to witness the destruction of what has been a key nuclear test site. that could happen as early a

had a different approach, started complaining about south korea, canceled the meeting, china meeting at the beachood poker player, the president of that leader. steve: big question is it still on? i was listening on the radio and everybody was talking about -- sounds like it's not going to happen. what do we know right now, here is the president yesterday in the oval office. >> we are moving along and we will see what happens, there are certain conditions that we want and i think we will get those conditions and if we don't, we don't have the meeting, frankly a great meeting for north korea and a great meeting for the world. if it doesn't happen, maybe it'll happen later, maybe it'll happen at a different time but we will see. but we are talking, the meeting scheduled as you know on june 12th in singapore and whether or not it happens you'll be knowing pretty soon but we are talking right now. ainsley: pretty incredible if the meeting does happen. we have seen images of the north korean president meeting south korean president and the south korean president happened to be sitting next to our pres

of eleven a what china is up to and b it's not enough to fill that three hundred thirty five billion dollar treat deficit i know according to a state chinese official who wrote on a beach at those and of the communist party's people daily the agreements i quote preserves try this right to develop its economy as it sees fit and this already placed china being fixed on its position of increasing imports rather than a negative position all cutting exports i will all that said how long will the truce hold then that's the big question. it's a million dollar question and not just a big one but one thing's for sure it will be temporary as what you report to a halt in theory this is going to be able cause we don't know take note that this is a show that china hasn't exactly relents it to the u.s. but rather this is about giving both commies the time and space to rethink and restricted its trade deficit and what that trade definitive it's also worth noting that china has successfully muscled its way around the terrorist proving this trend to trump what we can be relieved that as you said the to buy these talking you said oh spitting one tariff at each other after another ultima

beach to boost its share price. well u.s. president on a trump can't be pleased about this but since he told office in january last year china has sold considerably more goods to the united states and buys the despite of the hefty tariffs trying to plans to impose on chinese imports and the gap appears to be growing now just to look at our two shopping carts here as they come in in the first four months of twenty eight hundred china's trade surplus grew to more than eighty billion dollars that's around nine billion more than the same period last year another interesting story i would like to share one of the biggest take i was in the history of the pharmaceutical industry is about to roll out after months of negotiations taking over irish rival shi'a will make tacky dow the ninth biggest pharmaceutical company in the world and the deal is valued at sixty two billion u s dollars the most a japanese company has ever spent on an overseas acquisition to kenya is hoping to gain better access to the global market but some analysts are skeptical about the breathtaking amounts and techie to is currently valued at just thirty three b

beach. >> from expensive art to china, the cufflinks.k peek at the rockefeller collection last week robert returnings now with an update on this exciting auction going on right now ♪ >>> if you need those rockefeller cufflinks you can't always get what you want, can you? we've been following for you for about ten days now, last night's auction of collectible art blew past the estimates, and robert frank was there, and has the details. >> i'm going to be lucky if i get a lamp at this rate. we're bidding for a piece of the rockefellers christie's sold 44 pieces, the best ones from the rockefeller collection for a total of 446 million. that's 100 million more than the estimate the most expensive sale last night as expected was picasso's girl with flower basket, that sold for 150 million just over its $100 million estimate it's now the second most expensive picasso ever sold. the big moment, the most exciting moment of last night i was there. this water lily painting, came on the block, estimated at 50 million, here's what lapped. >> 75 mill

>> what's next is go back to china what did you do that meeting on the beach undercut everything theree no nuclear north korea without china. is he going to go back to china and read them the riot act. if you want a peaceful solution to the north korean problem, help me. if you keep playing this game we have played for 30 years. there is going to be a war in your backyard and not ours. north korea is going to lose. the president has made a decision he cannot tolerate a nuclear north korea that can hit the homeland with a nuclear tipped missile that they will sell whatever they build. he will bring this threat to an end. he would like to do it through diplomacy, a win-win for north korea, china at large. it's not if the program ends, it's how. i hope through diplomacy there would be no nuclear north korea without china's help. there is not going to be peace without china's help. if there is going to be a war, it's going to end badly for north korea. brian: do you look for sanctions to be ramped up and if china does not cooperate what do we do? >> if china and south korea goes wobblably.

they had that weird summit in china where he showed up and they went to the beach? ina probably wants this meeting to happen because china wants to see tensions on the core reason peninsula reduced. so they -- i think they, the chinese, you know, who are the north koreans really only ally. they are responsible for about 90% of all trade with north korea. they are north koreans biggest backers. my take is that china probably wants the meeting to happen. so, i think if anything, that, you know, they would probably be encouraging kim to go through with it because they want to see tensions reduced. they want to see, you know, more calm on the korean peninsula. so, it's very curious to know what's going on. probably what's happening is kim and the people around him think that maybe this is time that they can try to get something from the united states, extract something from the united states. see if the president wants the meeting so much he is willing to give up something to make sure that it happens. this is a test, perhaps, for the president. brian: mike, for you to b

created excitement where there wasn't any snow beach literally sold out within hours digital has been a key growth point for the chain. 25% growth in mainland china finally he is speeding up the market in mainland designs that will put ralph lauren on par with fashion forward european retailers that's a faster turnaround time, huge in that business. the problem here was never the style of clothing. it was always the execution. something this new ceo is finally improve, hence the stock is up 14%. that stayed, it's tough to watch the consistent company stocks languish what hurts are the failed turnaround stories or at least the ones that got clobbered today. target down 5% the company wants to grow its on line business faster expanding on line cost money wall street hates spending i think the fixer upper would have legs. williams sonoma, so could have been a disappointment reported better than expected earnings and stock is soaring after hours. general electric's ceo seemed to indicate that the turn at ge is not yet at hand. nobody said it was going to be a quick fix. did we think the company would be further along with this yes. when he took over

shown walking along the beach in the background was the yellow sea there were seagulls it was all very picturesque and i think it was supposed to illustrate that north korea and china are moving together coming closer again after a deep strain in their relations and i think it was almost if kim was saying no matter what happens in your talks with president donald trump china will always be your friend. heavy rain in aleppo province is making life even harder for syrian civilians displaced by the war many camps for internally displaced people are now severely flooded western aleppo is one of the main destinations for people evacuated from the rebel controlled areas under siege tens of thousands of living in both formal and makeshift camps without access to clean water food and sanitation. for the south a convoy of hundreds of syrian rebels and civilians is left southern damascus as part of an evacuation deal with the government forty seven buses taking them from the capital to rebel held areas in northern syria government forces are preparing to take control of the towns of bates and bubby less south east of the city the military is also bombarding eisel fighters wh

shown walking along the beach in the background was the yellow sea there were sea girls it was all very picturesque and i think it was supposed to illustrate that north korea and china are moving together coming closer again after a deep strain in their relations and i think it was almost if kim was saying no matter what happens in your talks with president donald trump china will always be your friend. i mean he is new prime minister nicole passion yun his address opposes after being elected by palm and after weeks of anti-government protests the massive astray sions response by the long time leader. plans to stay that's going to name sums up the mood in central square. was republic square vibrated with excitement. i'm overwhelmed with emotion and i can only say that we're very happy that we're free from these prison and. we have hope that the new prime minister can take care of people's needs including freedom of speech you know join. our people have a moment of victory. was our media's so-called people power movement scored a victory with members of parliament electing opposition leader. and as prime minister. i want to thank you for this vote and for your stance

china onshore rates markets. david: global portfolios seem to be very much underway. by the index, go to the beach-charles: we are seeing it is not the right time to buy the index and be to emerging-market debt. we are told -- we have told year and late last early in 2018 that we do expect more volatility in 2018. it should provide great opportunities for active managers because we should be able to find some great things that we are seeing dispersion. we are seeing emerging markets. we are seeing this and local rights, and effects, maybe less so in hard currency. but when we see more dispersion, it is usually very good environment for active asset managers. for us is not, do not buy the index, do not buy benchmarks, there are great opportunities this year from that perspective. david: on a positive note, we have to leave it there. of em debt.ad let's pivot back to the big ipo. one of the most oversubscribed ipos. doctor -- let's get back to steve. steve: let's get right to the interview. he is the ceo of the hong kong exchange. on this day, the good doctor goes public. the largest ipo so far to d

beach. we're having lots of fun. and here's my brother. >> reporter: they succeeded in america by doing what they had since their days of crisis on the south china. they stuck together. an epic, very american tale of grit and hope and self-reliance. lessons absorbed whole by their children. >> if i was missing and michelle was looking for me, she would -- she would, you know, tear up heaven and earth, you know, to find me. and so i had to -- i had to fight for her. >> reporter: so it was the new generation, the american-born generation, that finally convinced the family it had to go public. to put their story out in the press and on social media. >> until the hayward police department can offer conclusive and definite proof -- otherwise, we will continue to believe she's alive. michelle is still alive and needs to be rescued. >> we're going to find you and we're going to bring you home. >> reporter: two weeks to the day after michelle's disappearance, the family organized this vigil to make a public case that michelle was not dead. but instead, a kidnap victim in urgent need of rescue. >> we're just focusing on getting her home and what we can d

beach volleyball star misty may-treanor. let's get back to what is no doubt in the back if not the front of president trump's mind, that's the situation with china there is a split now for the administration, calling it team mnuchin, team wilbur ross. on wilbur ross's team are the hawks, robert lighthizer and peter navarro, and on mnuchin's team, larry kudlow or more free traders. who is in the lead in controlling this situation? i think who in the lead right now, liz, is the u.s. intelligence community. they're providing the intelligence information to all teams, including the president, about chinese strategy and what the chinese are up to. the message from the intelligence community has been caution and the need to really restructure the chinese economy. if things continue on the present path, the chinese are going to be number one in the world in x number of years and looking back on 2018 asking why were we watching kim kardashian? we should have been paying attention to china. i think the team idea is really different expertise that they bring to the white house, and if i were president or i think liz, i'm guessing this, if you were preside

beach today with the chinese leader. this is all tangled up in u.s. trade policy too, didn't get any real progress that we know of him with china last week on their big trip. we need china to help with north korea, are they an honest broker? and tell us what's going on her here. >> there's a lot of parts in motion and secretary pompeo should be arriving in north korea right now. he's there to talk about the preparations for the kim jong un summit with president trump. we are going to pursue this as aggressively as the president pursues any negotiation and see if we can't reach a historic deal. >> laura: we are going to get these hostages back that we should've gotten back a long time ago? >> the president said quite some time ago we want these people released. it should happen before the dea deal. >> laura: is not going to be you were going to let these people free or this is off, is that where we are going? >> mike pompeo was on the peninsula now. we will see how this comes out. keep your fingers crossed overnight but let's not miss the question as well of what the meeting with kim jong un it self is going to produce. >> laura: are you having fun in

china. the aircraft ran out of fuel and was forced to make an emergency landing on a beach. the violent landing caused serious injury to all crew members. thankfully he was able to drag his men from the wreckage and lead them to safety after avoiding several japanese patrols. bravery and saving the lives of his crew, he was awarded the silver star. his other decorations included the distinguished flying cross, air medal with four oak leaf clusters, and chinese army, navy, and air corps medal brave lives of class a first grade. s. 1282 would further honor him by naming the clinic of the department of veterans affairs located at 2687 palmer street n missoula, montana, the daviddy j. thanker clinic. i can think of no better name than that. the second to be honored is dr. joseph medicine crow who was born on crow indian reservation near long grass, montana. he went on to get his bachelor's degree and masters in anthropology from the university of southern california in los angeles in 1939. he was first a member of the crow tribe to obtain a master's degree. after the war broke o

shown walking along the beach in the background was the yellow sea there were seagulls it was all very picturesque and i think it was supposed to illustrate that north korea and china are moving together coming closer again after a deep strain in their relations and i think it was almost if kim was saying no matter what happens in your talks with president donald trump china will always be your friend. south korea's president and chinese premier li keqiang will hold a trilateral talks with japan's president in tokyo on wednesday they'll discuss economic cooperation among the three regional powerhouses as well as the apparent detente on the korean peninsula when haye has more now from tokyo. we may not see any major announcements from the summit but the mere fact that it's taking place is significant given that it is the first time that the south korean president mungy in and the chinese premier league pitching have visited japan in an official capacity the japanese prime minister shinzo are they will hold bilateral discussions with his counterparts while they are here in tokyo but most interest will center around the trilateral summit where it's thought that the si

it's coming from china or mexico itself or colombia, south america, two-thirds of the drugs from colombia, for example, they come up on the gulf of mexico side. they don't come to texas beacht come to the third that comes to the pacific, they don't go to a california beach because these people are businessmen, we're told and they know the odds are almost unbeatable that you can get it in if you come through mexico. when somebody said years ago the best way to get a nuclear weapon into the united states is to put it in one of the bales of marijuana that's coming in. it's a serious issue. we need the wall everwhere where it's going to help and fences where we don't need a wall and some places we just need properly patrolled. all of that has to happen. if the senate doesn't get on-board it's not going to happen. i thank god trump is saying what he is, it's fantastic. >> maria: i want to get your take on nafta in a minute. in the tweet from the president he talked about the slow-walking in terms of his nominees. he can't get the number of positions in place because the senate is sitting on things and trying to slow-walk it. it's amazing to me when you look at the prior adminis