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also said it was launching a $2.5 billionhare buy ck. shares were initially higher after hours. they ended the regular session at 123.89. >>> coming up,tr making a ade in the name of charity. >>> here's a look at what's what tomorrow. fresh economic data is on tap. the producer price index is due out, and thalois aly watched measure of inflation. after that we get a read onol ale inventory. and atlanta fed president raphael bostic will speak about his economic outlook and that's what to watch for on wednesday. >>> you know, twitter recently urged all 330 million of its users to change their password after the company said it found and fixug a that stored user passwords internally withoutua ad security. that got us to thinking about passwords and how to keep them safe. so andrea day spoke to a professional hacker ho spends breakys trying to legally into companies. >> we knew passwords were a bad idea 20 years ago, yet here we are ortoday. >> rr: meet charles henderson, ibm security. hmajor teams hire company to try to break in. >> we get to be the criminals forda a >> reporter: h

flannery, he said, this is not going to ck a q fix. that sent the stock lower by 7 today.ercent the worst day in more than nine years. >>> now to tiffany. while it may not be as widely held as general electric, today it proved that its turn around plan is starting to sparkle. e sales and profits trounced the forecast thanks to the americans and asia pacific region. the company's new strategy included selling lower priced items which attracted millennial shoppers and it paid off for shareholders. that stock surged ts23%, best day in more than 17 years. >>> so clearlyernvestors watching earnings, but they also paid close attention to the federal reserv stocks turned positive after the minutes from the central bank's hat recent meeting showed bankers would be comfortable allowing inflation to temporarily run above its2% price target. it's not oftenhat theed moved the markets like that, but today that's exactly what happened. the stock rose into the close. the dow finished up 52 points. it had beenown 167 points. nasdaq added 47. the s&p w

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what is it that makes somebody ck?-- ti after 16 years as the ceo of ge you have now stepped down. it is a burden off your shoulders? >> i feel if you are doing your job well you feel ownership and you wear that 24 hours a day. time.rs is a long i am starting to feel a little decompression. david: do you think it is too long to run a company? >> that's a great question. i think there is a right time in a wrong time in terms of doing it. accompany our size, you need to run it long enough to be able to make a difference. it has always been our philosophy to give a ceo tenure. but it is good to get a new set of eyes on these things. as things change, you develop habits. think 16 years is on the outer edge of how long somebody should be running a company. was to give anybody advice, it would be to follow a bomb. -- bum. the best manager of the previous hundred years, you better have some confidence if you are going to take this job because those are some big shoes to fill. david: you grew up in since about the -- cincinnat

or ihink aut the ladyamala in alama who has r sewage the ck of he yar who was takingdvantage of byredatoryenderand had pay or $1,000 foringle wirailer that is now falng apartull of molandoles. her sonas 11 yes old annow s to weaa cpaachine because the inftions in his lungs d she heelf is disabled all ov this cotry, we contin to see what isot ofn seen otalked aut in our polits, in o politic debas, or ev in the media except f places ke he will stop50,000 pple areying ery yearrom pover and the wealth 64 milon peoplwork witless an a livg wage. 54% offrican-aricans. and the realits her childre -- hurt ildren a women a the sabled t most. thousandof pple who e homelessfvery diffent ra, creed,olor, ansexual orientatn. what 're sing iit is ti for moral corontatio a nonviole moral cfrontati because ether yolook at e onstitutn,our thestablisent of jtice, or you lo at the rality othe scripte that ss, for instance "woeo those o rob thoor of tir righto make women an chiren." their prey it is immol to hav 37 mlion peoe withoutealth care. it ismmoralo not paliving wages wi we kw he cano it. s immorathat p

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i gave him the opportunity to ck on how he would get through college. we've put this money aside for him. he went to another community codes that fed into maryland, the mac when school, and he was able to get scholarship through the third year. so the money we save, about $80,000, $60,000 of that to him and the rest went to scholarship. it was a great way to keep my some local and let him to be involved in the decision-making on how he would pick the different schools. he did get a lot of offers out-of-state, but i explained to him, even though they were full scholarships, they were not room and board and would not include travel. by getting him involved, he ended up getting a business college anda state got a great job. he just graduated and it cost him $20,000. enough options like that available to students who are trying to graduate without that enormous loan debt? guest: there are options out there, but it is challenging. schools arete definitely a good deal. families looking to save on college should look towards that. increasingly, we see more stu

meeting at ththe anzac memorial, with a both delivered a speech calling for the friendship that started d ck in ththe 20th century, during world war i -- they will this friendship to continue in the years to come. casali talking about the french president's visit to australia. the most senior official in australia's catholic church is set to face two trials linked to historic sex abuse. a court ordered cardinal george felt a strand -- to stand trial on multiple charges. his defense lawyers felt he should charge to trials, given he is facing separate allegations 20 years apart. the 26th -- the 76er old is denying the charges. he is currently on leave from his vatican job as the pope's finance minister, and that will continue through the trial. pell is out on bail ahead of his next hearing two weeks from now. now to beautiful venice, in italy, where tourists far outnumber residents. to try to keep those numbers in check, authorities put in temporary gates over the weekend to control the numbers pouring in over two bridges. these gates are venice's move to limit the overwhelming flood of touris

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. >> i go to a warehouse, pull a ck, get it ready for shipping. >> i learned to make new friends and i get along with everyone. that's what makes me happy. >> we want the world to see what's possible when you give someone a chance. things are not segregated here. it's a better workplace because of that. >> reporter: one where going the tra mile comes naturally. >> we have to succeed, because if we don't, we're letting these guys down. we have to show other businesses you can do this, too. >> so far in 2018 judge's crazy socks is on track to top$2 million in total sales. in fact one of the his customers former president george h.w. bush. he tweeted this picture of himself wearing john's sox o world downs syndrome day. he also wore a pair at the neral of his beloved wife. th socks had books on them t. >> solife's journey leads us in many different directions, but sometimes it's what we learn and share with others that provides the biggest rewards, even on treasure hunt. that's what two limit tear school students were finding er since they got the bright idea to create a board game for

and not build their unsustainable business models on the cks of the drivers. >> could this provide another nudge for companies to automate faster? s i think theed automation is driven by technology change. i think if uber and lyft had cars that would operate well and function they could go to that tomorrow. i would say the whole dis about what a company -- what kind of companies uber and lyft actually are, we're seeing all through technology copanies. at is facebook actually, is it a media company? what is airbnb? is a hotel company. i think it's getting all scrutiny. >> and what are the implications nationwide? could it extend beyond cafornia? >>absolutely. i think we'll start seeing a blue and red state divide. washington, colorado, new york, these are stating that like to california to see how they're going toredefine their laws. i would not be surprised at allx in the few years to see some of these shift in these states. >> you mentioned the -- whether someone's a contractor or an employee. that's already in place in massachusetts. >> new jersey. right. >> thank you all for wonderful d

has grown 40%,ck and wall street's most famous investor, warren buffett come at last year becamene

ck: the reaction on sial media was swift and celebratory. from some of those who accused him of wrongdoing and others who workedard to see him in court today. rose: to see him in cuffs on the way out, whether he smiled when or, n a good feeling. nick: actress rose mcgowan accused him of raping her. rose: this is a big strike into the heart of abuse of power, a shows people worldwide what iho wang the whole time, that this cannot and will not stand. nick: harvey weinstein not onlyo used tnate an industry, he commanded almost every room. but to watch him today was to see his power drain away. nick bryant, bbc news, new york. rajini: for more on the legal angles of this case, i spoke a brief time ago with wendy murphy, professor of sexual violence law. thanks for coming on the program. at is the case that prosecutors will have to prove in this? wendy: he is currently charged with three different felonies. a first-degr rape, third-degree rape, and a sexual abuse charge. but they are a felonies and he faces up to 25 years if convicted. in a sense

ck: always a crucial thing that law enforcement will do. at this moment, law enforcement fr harvesting information om this individual's social media. they're looking at his tweets, tee-mails, things he has pon facebook, twitter, whatever he is uitng. this is al to understand what got into the mind of the shooter to take him decide not only to try to commit suicide, but to take others with him, unfortunately innocent people, 10 of them. rajini: thiss not the first time that either of us are talking about shootings in the u.s. -- indeed, at schools as well. what can be done to make schools safer? it is a big debate in amer of course. >> i think it is a big debate, and it is getting tiresome. it is getting tragic. i saw the statements that the president made, i saw the statement of the secretary of education, betsy devos. everyone is sending out their thoughts and prayers. how many thougs and prayers rkn we send out? we have to find a le and balanced and a nuanced way to stop this problem. i will tell you what, this will continue and continue

nick bryant starts our coveragei ck: on american television this morning, a double serving of boris at breakfast, the foreign secretary appearing onru donald t's favorite news show, "fox and friends," to address an audience of one. mr. johnson: we think what you can do is be tougher on iran, hrdress the concerns of the president, and not the baby out with the bathwater. nick: just in case the president has switched channels, he popd up on a rival network. mr. johnson: i understand people have anxietybout the deal, and of course they are right in the sense that it is far from perfect, but it is the best thing we have at the momt. nick: donald trump has called the iran deal a disaster and says he will announce his decision tomorrow. although the foreign secretary is not scheduled to shhands with the president before then, that has not stopped him from stroking his ego.f mr. johnson: can fix north 'orea and he can fix the iran nuclear deal, i dot see why he is any less of a candidate for the nobel peace prize than barack obama, who got it before he even did anything. nick: signed by iran

n ck, what areee wee learning this trove of information that has been released? >> if you go through the 3,000 ads there are a couple of things aat are striking. ice over-the-top imagery. 'se sort of linguistic errors that reveal it's not a native speaker. but mostly, i was struck by the efforts that russia took to find the issues that divide us the most-- race, terror-- and capitalize on that. and then as we got close to voting day, to try to help enump. >> glor: find something that could stir anything up here. one of the questions here now, one of the big questions, with all these images out now, what do you do to prevent this from happening again? >> so what facebook is doing, where most of these images appeared, they hired a bunch more people. they're using more sophisticated algorithms. they're going to verify people who purchase political ads, try to make sure they are americans. but the problem is that even as nsr defenses get better, the attackers are going to find new methods and become more sophisticated, too. >> glor: you just need people looking at it

ck ou geoff: now, it is behaving like i thought it would behave in the mid-1980's.verything. of superfastrrival chips and the massive amounts of data produced on the internet, gave his algorithm a magical boost. suddenly, computers can identify what was in an image. then, they could recognize speech and translate from one language to another. nets12, words like neural and machine learning were popping up on the first page of the new york times. >> next up, we have professor jeffrey hinton of the university hinton, of--geoffrey the university of toronto. [applause] >> thank you. ♪ ashlee: this is obviously a really redemptive moment. now, he is basically a technology celebrity. sor canada, it is a country' moment as well. they have more ai researchers that just about anywhere else in the planet. the question now is to see what they can do, starting companies and pushing that technology forward. canada to seess the best in canadian ai technology and get a feel for how far the technology has come and how far it still has to go. ♪ >> ♪ ashlee: here is a city that get ri

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amazon taking its fight to alley ck back hosting an -- -- backyard ting platform. > coming up, goingy. the largest savings market. they're going on a hiring spree. that story is next. this is bloomberg. >> it's 8:30 a.m. in sydney when markets open. looks like a lovely morning here in sidney. we're looking at a bit brighter as the markets came off those lows amid this renewed confidence. >> i'm beatty lieu. 6:30 p.m. you are watching "daybreak: australia." >> congressional leaders press the top economic advisor to hold unfair trading practices. lu hay met the senate counterpart in preparation for discussions led by steven mnuchin. the talks ended without agreement. e.u. leaders are in bulgaria that will include rising trade tensions. the latest brexit developments deal.e iran it poses no security risk to the u.s. and is negotiating foreign exemption. the leaders also want to salvage the iran accord despite america pulling out. european shares hit near 15-week highs as the prospect of a populist italian government. leaders of the five-star movement and the anti-immigrant league are sa

this video shared by police shows the moments leading up to when a woman was killed bax ck march. the ntsb says the emergency braking system was turned off. with only a second before impact, the self-driving system determined that emergency braking was needed. the report also revealed it relies on drivers to take over in an emergency. uber has issued no comment. >>> with the june 5th election right around the corner, a unique venture for uber. at its headquarters in san francisco it announced it's partnering to help people get out to vote. through the uber app, riders and drivers will be notified of important election information. they say it is the perfect market for this kind of a launch. >> while uber is now doing business in over 65 countries, california sets the tone for the business. what we learn and develop here gets exported to all other states and internationally. >> you may have already noticed it on your uber app. on monday, uber users were notified about the midnight deadline to register to vote. >>> the summit is off. you probably heard about that. the warning trump

ck and customer service are critical to business success.ecause they've chosen the industry leader. subaru outback holds its value better than any other vehicle in its class, according to alg. better than rav4. better than grand cherokee. better than edge. make every adventure a happy one with subaru outback. get 0% apr financing on the 2018 subaru outback. >> our greatest ally, the united states of america, today it's embassy opened here. >> neil: all right. we're officially there in jerusalem. but no major companies are following us except guatemala and paraguay. palestinians have been protesting this move on the part of israel to claim jerusalem as their capitol. many envisioning their own state down the road many palestine. they said that east jerusalem would be their capitol if it comes to pass. benjamin hall is there where this all went down today. hi, benjamin. >> this was a major campaign promise and it was fulfilled today with great fanfare. 25 years after the u.s. promised to do this, president trump kept the promise. there was a s

--cks in futures are likely are largely in agreement. but oil has held at $71 a barrel.pite the threat of u.s. iran, other opec nations have signaled they have enough of their capacity to mitigate any market impact. tracy alloway spoke to the uae energy minister in abu dhabi. . we have been there before, and i think opec had been resilient to deal with many of those issues in the past. some of the member capacity, they have that can be used with production. -- with reduction. anna: joining us in london, stephen isaacs. stephen, a very good morning to you. let's talk about oil. oil whenoncerned about we see the trump administration move away from the around deal -- from the iran deal? >> i was listening on the radio this morning when you are hearing the $100 a barrel calls. it makes you worried. first of all, what happened with iran last week was hardly new news. it was highly anticipated. he said it would be a campaign promise. . think that is built into it more importantly, opec was working on the quotas. they are very difficult to negotiate. so it will be the easiest r

"squawk x"ilpibo wl ck it up we'll see you tomorrow on "worldwide exchange.wh everything.our wallet? hello. give me an hour in tanning room 3. cheers! that's confident. but it's not kayak confident. kayak searches hundreds of travel sites to help me plan the best trip. so i'm more than confident. forgot me goggles. kayak. search one and done. mr. elliot, what's your wiwifi?ssword? wifi's ordinary. basic. do i look basic? nope! which is why i have xfinity xfi. it's super fast and you can control every device in the house. [ child offscreen ] hey! let's basement. and thanks to these xfi pods, the signal reaches down here, too. so sophie, i have an xfi password, and it's "daditude". simple. easy. awesome. xfinity. the future of awesome. >>> disney reporting strong results thanks to the blockbuster success of "black panther. >>> vodafone is buying parts of john malone's liberty global for $23 billions >>> and inflation data is on the agenda stocks are indicating solid gains at the open, but the ten-year is back above 3%. it's wednesday, may 9, 2018, "squawk box" begins now. ♪

ck is up 82% this year and has already surpassed comcast. house of representatives has voted to punish chinese phone makers the zte. phone maker the vote was part of an annual defense policy bill and was passed overwhelmingly. it bans federal agencies from technology and the defense department from renewing contracts. ♪ haidi: haidi lun in sydney. betty: i'm betty liu in new york. you are watching daybreak australia. we are getting some lines here on north korea and casey n/a, north korea saying they are willing to talk with the u.s. and also expressing regret over the cancellation of the summit between the u.s. and north korea. certainly a different tone than yesterday. haidi: it's an emotional roller coaster. i suppose this goes to the thing that it's not over until it's over and even though president trump did leave the door ajar for the future summit or perhaps july 12 to be back on, still a great deal of uncertainty there. betty: a great deal. but certainly this could be looked on by the market as more favorable. let's get the first wor

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it was that initially in that statement that this was about the magnets ck act magna ski an of russian children. the president was not happy that these questions got out but there were plenty of people who believed that by getting this out there in the public, they are reinforcing in the case that there is no way that the president should sit down with muller. given the number and tone of questions this could differently be a perjury trap. >> remember the president's doctor, the one who licked that report on how healthy he was? his name is harold bernstein, and now he is telling an extra ordinary story. he says, the president's bodyguard, a lawyer and an unnamed third man raided his new york office last year and took all of president trump's medical files. just took them. dr. bernstein talked to nbc news. >> i feel . feel frightened and sad. i was completely surprised, the morning or two about the story about his hair ran. she said, don't you want to be in the white house? forget it, you are out. he said president trump's team ransacked his office, two days after the doctor told "new y

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a long-timehe tat herere iisn th id.r ck in to you gu.ys a llghrit. thank you so very much. check back in with you in anoerth few teminus. >>> j inust a matter ofay ds a f reonvati wlileg bin onne o o thare eas's oldest bridges. we're talkg inabout the decades old ainrl mgtonemiaorl idbrge. th wkorl wile com withea y orsf lane cloresusnd a lays, but he crew behindor the wk says th bat'setrten tha anaf uns .rge evyternghita ssrtig rht after imemoalay dn eve i yfou d'ton driven o that briedg you b yutou joenhey t trasilun arod ,it deunthrnea .it you will ao experience some .rcloses ne hws 4asea lrnedha tt if this wo drkotid n happ,enhe t bridge cod be unleusab by 2021. >>> c ihucks reheta to lk a little wtheaiter wh us today. at nice longeekendad ahe of ,us but tayod is loongkid kinof like the better day. >> yeah. htheumitidy- - atl lite humidity vatac wione' bveeen ,on sthattisckun arod for today. het a vualacioatven orhe t ourse of tweenekd, outhgh, hudity will be back in e.plac toi gng to be aer steam e nder he tomorrow boref unrdewe shor ceshanc meov in late in yrou ares a

she keeps coming babb ck to tha one line that kim jong un did say he understands the need for the exercises to continues. it contravenes everything the north has said they mean to do. let's forget about denuclearization. this just doesn't make sense with what we've seen them say and how they have actually reacted in realtime tannigiblel. i understand the spot she's in. i think she handled it as good as you can possibly do it. >> she's saying this isn't what we heard from them before, what we're hearing from north korean state news appears to a be complete reversal, a sort of pulling out from the administration the rug as they're completely surprised by what they're hearing from north korea. >> that's a great point. remember, there's been no official notification, according to heather, and i would take her from the -- make no mistake. this is a bilateral exercise. we normally contribute the bulk of the resources to it. weep are very much a key player in this. you would think there would be some sort of official notification and the fact that hasn't happened yet still makes me a little queasy

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a gallon was still with the team, so they were constantly in di headlines -- it gallon -- ck gowan wastill with the constantly inwere the headlines. the 76ers were defending nba champions. the whirl emanated in eastern conference finals by the celtics who, interestingly enough in terms of what -- they weren't eliminated in the eastern conference finals by the celtics, who interestingly , in terms of what we will be discussing, were coached by a man who would become the first to win a title. anyway, that's what was going on in philadelphia. not as in-depth as what you will be getting for my fellow panelists. >> 1968 cemented the reputation of phillies sports fans forever. was the famous snowball incident with santa. santa was pelted with snowballs. i remember reading about the game. they were to go-12. i think they were 1-11 at the time. they had over 50,000 people in franklin field. if italy are very passionate -- are veryfans passionate, but it did sort of cement our reputation. was a big part of sports culture in philadelphia. it was one of the banner years big five basketball, the c

--cks senator, i believe cia did extraordinary work to prevent another attack on this country given the legal tools that we were authorized. amy: plus, we will look at a nationwide rightwing effort to persuade union members to quit and stop paying dues. all that and more, coming up. welcome to democracy now!, democracynow.org, the war and peace report. i'm amy goodman. the israeli military shot dead at least one more palestinian in gaza on tuesday, only one day after the israeli military massacred at least 61 unarmed palestinians, wounding 2700 more in a single day for protesting against the israeli occupation and the opening of the new u.s. embassy in jerusalem. the united states is refusing to criticize israel after the massacre. at the united nations, u.s. ambassador nikki haley has blocked a call for an international investigation into israel's actions. on tuesday, she repeatedly blamed the violence on hamas while praising israel for showing restraint. >> i asked my colleagues here in the security council, who among us would accept this type of activity on your border? no one would.

ck because they've chosen the industry leader. subaru outback holds its value better than any other vehicle in its class, according to alg. better than rav4. better than grand cherokee. better than edge. make every adventure a happy one with subaru outback. get 0% apr financing on the 2018 subaru outback. which is why i use armor tall ultra shine wash wipes.y. they effectively remove dirt, dust and grime with no water. that car is in tip top shape! we are both in tip top shape! armor all, it's easy to look good. >>> amid the growing pushback of the trump administration's policy of separating children from their parents if they cross the border illegally, the president took to twit they are morning to blame democrats. here's part of mr. trump's tweet -- put pressure on the democrats to end the horrible law that separates children from their parents once they cross the border into the u.s., catch and release. now, you may remember earlier this month attorney general jeff sessions made the trump administration's stance clear saying,

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ck because they've chosen the industry leader. class, according to alg. better than rav4. better than grand cherokee. better than edge. make every adventure a happy one with subaru outback. get 0% apr financing on the 2018 subaru outback. >>> when this week's cnn hero first when he got his pilot's license on a whim he had no idea what he would be doing with it. he spends his own money to fly dogs from kill shelters in the south to no-kill shelters in the north. check out these life-saving missions of love. >> you look just like my tessa. >> i greet every passenger before we load them on to the aircraft to spend a few moments with them so they cannee me, they can smell plea. load the airplane up and then make stops along the eastern coast. i'm quite certain they know things are about to change. >> hey, buddy. so calm right now. >> they know things are getting better and they're not going to end up in the pound. >> to see how paul gives these pets more first-class treatment and to nominate somebody, go to cnnheroes.com. ♪ >>> it is

ck and greens grass, guaranteed. because they've chosen the industry leader.han any other vehicle in its class, according to alg. better than rav4. better than grand cherokee. better than edge. make every adventure a happy one with subaru outback. get 0% apr financing on the 2018 subaru outback. >>> the nation was stunned this week by the story of john bun, fully exonerated after serving 27 years, 17 of which in prison for the 1991 murder of a new york correction officer. his conviction was overturned two years ago after his arresting officer was accused of misconduct in his case and dozens of others and on tuesday, a brooklyn new york judge told an emotional bun, who taught himself to read as a teenaged prisoner, that he will not be retried for crime that he never committed. joining me now is john bund in his first interview since exoneration and his attorney and founder and director of the exoneration initiative. john, i can't imagine what you went through 17 years in jail and 10 years fighting after that. until this past week not knowing if they were going

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products like uber eats but he was an important exec at the company, no doubt, hired by travis cal nichlt ckeeing its flying tax ts he spoke about his vision for uber take a listen. >> uber does what it does based on going after a very ambitious mission. we're trying to build the operating system for the future city, the way that people and things will move around cities much more efficiently, much more safely, et cetera. >> uber telling cnbc as demonstrated by last week's uber elevate summit, we're incredibly bullish on the future of aerial ride sharing under the leadership of eric allison the team is set up for success and will continue to chart the course for this growing industry uber has had a hard time keeping top talent many of the officers have left, including saile yoo. making his mark, filling out ranks at the company, hiring new coo and general counsel but still struggling to find a cfo, key role to help take his company public as promised air bnb's former cfo reportedly passing on that role. >> josh lipton in san francisco, thank you. >>> when we come back, cbs's legal drama and