i'm contessa brewer. thank you for joining us becky will be back next week next week, facebook, snapchat, instagram and more how to keep your kid safe on social media each week, keep it right here. we are "on the money." see you next weekend have a great one >>> breaking news. you're watching "options action" on what has been a roller coaster week for stocks. the dow bouncing in and out of correction territory and erasing all of its gains this year the index tanking as much as 1600 points at the lows on monday the dow traveling 22,000 point this is week with major inter-day swings all week. and closing out today, higher by more than 300 points the hordest hit, energy. crude breaking 60 for the first time this year that could be your

i'm contessa brewer. thank you so much for being with us.be back next week. >>> and facebook, snapchat, instagram and more, how to keep your kid safe on social media. each week keep it height perigh. >>> right now at 5:30, heavy rain soaks the region and this massive storm system is still with us. when it will finally move out coming up in the first alert forecast. >>> two people are killed overnight. investigators are trying to determine if the rain played a part. >>> lining up to continue the celebration. birds fans have another chance to see an eagles favorite today. we'll tell you where jay ajayi will be signing autographs. >>> good morning on this soggy sunday. this is "nbc 10 news today." i'm rosemary connors. >>> i'm dray clark. we've issued a first alert for the rain and fog today.

i'm contessa brewer. thank you so much for being with us.be back next week. >>> and facebook, snapchat, instagram and more, how to keep your kid safe on social media. each week keep it height perigh -it's been a season-long party. a ten-week tailgate from coast to coast. [ cheers and applause ] ♪ -the festivities started in venice, when crashers shook the dance floor. -check the richter scale. there's a whole lot of shaking going on. -and swung from the chandeliers. look at this! -oh, my god! -dallas was ladies' night. the sport's reigning queen climbed the walls. -matt, this girl is not human. -and shimmied to the roof. -drop the mic. we just witnessed history. [buzzer] -there is no limit to what this woman can do. -whoo! -st. louis was a family affair. -brothers wilczewski are back! -michelle warnky! she's done it! -they partied so hard they shook the foundations.

contessa brewer is live in carson city and has been covering this story for us what is the latest >> this is really sending a tremor through the gaming industry in nevada a pivotal inflew he weew influel leader is resigning. he said in the last couple of weeks i have found myself in an avalanche of negative publicity, i have reached the conclusion i cannot continue to be effective in my current role the fact he is resigning from his role as chairman of the board of a company he founded shocked those who are close to him. i spoke to a source who said they never thought that steve wynn would willingly step aside. in this case, not knowing what was going on behind the scenes with the board, just knowing that, in fact, the board is under some pressure now. the stock is under pressure. it dropped 20% since the "wall street journal" came out with all of these dozens of allegations against steve wynn dating back over decades at the time wynn put out a statement and called it preposterous this morning we have a statement by the wynn resorts board of directors saying the board of directors an

. >> and i'm contessa brewer sara and wilfred are off this morning. great way to get started when you're seeing positive signs in the markets. >> let's get straight to the markets as contessa mentioned we're seeing green across the board on the futures side. with the dow trading the way they are, we're looking at possibly a 300 point open for the dow on the upside at least if things stay the way they are right now. s&p up by 32 points nasdaq indicating an open around 75, 76 points as well a lot has been driven off interest rates those worries with what's happening with u.s. government bonds. so, let's take a look at those yields for right now, we're seeing a move higher slightly in the ten-year treasury note yield. 2.88%. almost 2.9%, the last trade there. that reassumption, contessa, on the upside for this morning's trade. we'll see if that has any kind of effect on whether or not people have that risk tolerance if it stops. >> we've also seen bounceback in asian equities as well hang seng down a little more than .115% kospi was up as well, almost a f

i'm contessa brewer in for becky quick. a stomach-churning week for stocks. what does it mean for your retirement money, and what's next? >>> ready to get behind the wheel of your new car? oh, wait, the next step beyond self-driving is coming soon. no accelerator, no brakes, no steering wheel, no problem. >>> finding love with what you hate? the new app that pairs you up by what you don't like. >>> and what on earth is chocolate pizza? one young man's amazing success story and the sweet taste of success. "on the money" starts right now. >> announcer: this is "on the money," your money, your life, your future. >>> we begin with a peek into the future, and it's arriving

contessa brewer reports from las vegas. >> reporter: up and down the las vegas strip, iconic casinos stand as monuments to steve wynn's vision and design inspiration. but the man who i partly responsible for modern-day gaming has had a reversal of fortune. wynn's resigning but says he has been dealt aha bad . quote, in the last couple of weeks i have found myself the o focus an avalanche of negative publicity. as i reflected on the environment this has created one in which a rush to judgmen sakes precedence over everything else, including the facts, i have reached then conclus i cannot continue to be effective in my current roles. since january 26th when the wall street yurnl outlined dozens of allegations of sexual misduct against steve wynn, the sto plummeted. his own birthdays launched an investigation. shareholde sued wynn resorts for breach of fiduciary responsibility. and the culinary rker's unit texted its 57,000 memrs urging them to report misconduct. td gaming licenses are at stake. nevada gaming control board is continuing its investigation. >>eporter: a n chairwoman, becky

. >> that's the show for today, i'm contessa brewer, thank you for joining us becky will be back nexteek and we'll talk guaranteed income should low income americans get a monthly check that's not from the government keep it right here, we are on the money. have a great one see you next weekend dawn is serving up dinner for a whole town! that table was like... so big! can one bottle of new dawn clean all the dishes? we did it! 6,000 dishes! a drop of dawn and grease is gone. >> narrator: in this episode of "american greed"... an investment manager takes on the toughest clients -- retired nfl players -- and steals their money. $150 million vanishes before the fbi moves in. >> we found that they only had about $200,000 under management. >> narrator: but when he's tackled for a loss, will his game go into sudden death? >> the investors, particularly the nfl investors, were so mad at him that he was afraid for his own personal safety.

>> thank you very much steve wynn resigns from the company he built that stock moving higher contessa brewer is live in las vegas. >> reporter: when you look at that stock, you could see how much investors were affected but what a reversal for steve wynn the man who helped shape the way modern day las vegas looks resigning as you said and by the way losses have begun being filed. norfolk county retirement is suing over breach of fiduciary spobl -- responsibility against the back drop of the dozens of allegations by the wall street against steve wynn he sent out a statement last night saying in part, in the last couple of weeks i found myself a focus of an avalanche of negative publicity and this is a rush to judgment takes precedence over everything else, including the facts. i've reached the conclusion i cannot continue to be affective in my current role at the time he said that the allegations against him were just proposterous. the board also sent out a statement in connection with steve wynn's statement saying that it reluctantly accepts his resignation with a, quote, collective heavy he

contessa brewer has more are you surprised to see he resigned as quickly as he has?reporter: it is interesting, the analysts don't seem surprised at all there was general consensus among analysts i spoke to that this needed to happen for the company to move forward, but people who knew the wynns well say they're shocked he would have stepped aside they saw him fighting the last thing. talked to the former mayor last week, he said no, no, no, he's a fighter. you look up and down this strip, this is largely steve wynn's vision for las vegas but after his stock plummeted, after the investigations have been swirling around his company, he stepped aside. the casino mogul had a statement last night that says in part in the last couple weeks i found myself the focus of an avalanche of negativity publicity. as i reflected on the environment this created, one in which a rush to judgment takes precedence over everything else, including the facts, i have reached the conclusion i cannot continue to be effective in my current roles. wynn has fully endorsed the succession plan tha

rifle used in yesterday's school shooting is bringing up questions of corporate responsibility contessa brewerhat story. >> yeah, mike, the nra labels the ar-15 the most popular rifle in america and estimates gun owners possess more than 8 million of them. they're relatively affordable, customizable and simple to shoot. hunters and sport shooters use them, and so do attackers in mass shootings again and again, from the elementary massacre in sandyhook to mandalay bay in las vegas last october they are manufactured by lots of companies. some of the big ones, winchester, remington, colt, smith and wesson there are hundreds of other smaller, lesser-known companies that manufacture these guns and accessories that go along with them and then, of course, there are the hobbyists and others who create one-of-a-kind, custom firearms, and they can even be manufactured on 3d printers. these would be unregistered and untraceable. so, gunmakers enjoy also special legal protection that makers of other consumer products do not, the protection of lawful commerce in arms act was passed in 2005, and it protects

and i'm joining now by contessa brewer. >> these guns are easy to get and modify and easy to shoot.st popular rifle in america. and as you said, estimated gun owners own 8 million of them. they are using in hunting and shooting and in massacres and they are manufactured by many companies. some of the big ones you have heard of. sig, winchester, remington, among others. there are hundreds more smaller and lesser known companies that manufacture the guns an the accessories. and there are hobbyist and others who make custom firearms and they could even be manufactured on 3-d printers. these would be unregistered and untraceable. gun makers enjoy legal protection that other makes of consumer products do not. the protection of lawful commerce and arms act was passed in 2005 protecting manufacturers and dealers from being held liable when crimes are committed with their firearms and since the assault weapons ban was aloud to expire in 2004 sales of the ar-15 and other semi automatic have soared after the 26 murders of the grade schoolers in newtown, connecticut. and i reached out to the n

contessa brewer. >> reporter: in resigning, steve wynn said in a statement basically he was dealt a bads about the rush to judgment even though, even with his resignation the state regulators here in nevada are investigating. regulators in massachusetts are still conducting their investigation the board is still on the hook in these investigations even though, nomura has raised its price target from $211 up from $175 and from gnaw tral to buy. they see two big options here. one is that the former president who will now step into the ceo role will run the company and perhaps change out some of the directors on the board and run the company as his boss did or the company gets sold and split off into other assets. would be acquirers, look at las vegas sands, which has the finances to purchase a company like wynn. mgm is a possibility caesar's always wanted a presence in mcgou. beijing may want more chinese ownership on mccow several analysts think the company without steve wynn simply doesn't have the same value. if the companies are looking to acquire at least a piece of the action they m

steve wynn is now officially out as ceo of his company following allegations of sexual misconduct contessa brewer joins us from carson city, nevada. she has the details. good morning >> good morning. this marks a seismic shift for the gaming industry in nevada. if you look up and don't vegas strip, you can see the imprint of steve wynn everywhere for all that this is a publicly held company, this is really steve wynn's company, one that he founded and loves as he said in a statement released last night. he once again tries to deflect blame. he says in the last couple of weeks i found myself the focus the avalanche of negative publicity. one in which a rush to judgment takes precedent over the facts, i cannot continue in my current role the board of directors said it accepted the resignation with "a collective heavy heart." president matt maddux will take over as ceo in a succession plan endorsed by steve wynn maddux is facing tough odds here macau regulators sat down with wynn macau to demand exmra anything th explanations the nerve vad dvada gaming cont meets here this morning to discussion the

and contessa brewer joins us for the second hour. >>> president trump has just republican lawmakers at their retreat in west virginia ylan mui is there with the latest >> reporter: this is a victory lap for the president as he palled around with lawmakers out here in west virginia. he's had a wide-ranging speech, it touched on issues including immigration, military funding, tax reform and the message that republicans are really trying to send here is that america is winning again. >> no longer are we making apologies for america. we don't apologize jim [ applause ] we're proud of our history we're confident in our values and we're grateful to our heroes. >> even though the president and republicans are talking about big policy goals for the year, they are facing a flurry of immediate deadlines, first and foremost being keeping the government open beyond february 8. the lawmakers that we've talked to so far here say there will not be a government shutdown and that they are carving out time during this retreat to talk about some long-term spending levels for the government. there's also

. >>> i'm contessa brewer. here's what's on the menu. finding value. warren buffett says stocks aren't overvalued. we debate. >> taking flight airline stocks moving higher. warrant buffet says he wouldn't rule out owning an entire airline. should you follow him into the sector >> and cost of school security the idea of hardening schools to protect against shooters is gaining a lot of attention, following the florida massacre, but is it realistic? "power lunch" starts right now >> we would have to call it air hp maha. your money is looking good this monday the dow soaring. it's gained back nearly 80% of the losses from the recent drop. right now, the dow is up 1.3%. that's 340 points in today's parlance if you have invested in technology, telecom, or financials, you're probably making money today netflix and amazon continue to print money for their investors. those stocks, yeah, all-time highs yet again. netflix up 52% this year we dig a little deeper in tech semi-conductor stocks on the move micron, intel, qualcomm your highs. jpmorgan, mastercard, and

contessa brewer joins us now with more. >> tyler, these guns are easy to get. they're easy to modify they're easy to shoot. in fact, the nra labels the ar-15 the most popular rifle in america, and estimates gun owners possess more than 8 million of them. they're used in hunting and sports shooting and massacres. again and again, from a grade school in newtown to a massacre of concertgoers at mandalay bay. semiautomatic rifles are manufactured by many companies some of the big ones you have heard of, sig sauer, colt, remington, browning, many others there are hundreds more smaller and lesser known companies that manufacture these guns and the accessories that go along with them plus, there are hobbyists and others who make one of a kind custom firearms. they can even be manufactured, get this, on 3d printers, so these would be unregistered and untraceable. plus, gun makers enjoy special legal protection that other makers of consumer products do not. the protection of the lawful commerce in arms act was passed in 2005. it protects manufacturers and dealers from b

contessa brewer covering that story for us lestly picker is here on post nine, leslie, with ellen colemanou both. much to get into i have to quickly ask you, ellen, because we just heard about steve wynn leaving his own company, you know, you're whole thing here is to close the corporate leadership gender gap. he was not replaced by a woman in this instance, but what's stepping down quickly say to you? >> the board is serious about the company and what it means going forward, and reputation is one of the things they need to guard, and he would be depressing the company's shares, putting uncertainty into that market, and so moving forward under new leadership it's an important part of every board's responsibility to their shareholders >> now, obviously, there were pretty significant allegations of sexual harassment at the company. as you were climbing corporate ladders, did you experience sexual harassment as you were, you know, rising through the ranks in corporate america >> no, the '80s were a different time, many of us did experience sexual harassment, and there were not as many places

"power lunch" starts right now >>> welcome to "power lunch," i'm contessa brewer. another strong day for stocks as all three indices look for a winding streak the dow is up about 143 points, a slight pullback from where we were a half hour ago both the s&p and nasdaq are on pace in more than six years and both indices up 5% health care the best performing sector today johnson & johnson, pfizer, eli lilly among the big gainers. a couple beaten-down names moving higher, ge back above $15 a share despite being hit with a shareholder lawsuit and snap is now up 50% so far in february. three hours left in what has been a huge week for stocks. bertha coombs is at the new york stock exchange bertha >> it has been quite a big week. it's been two weeks since we had that downturn starts and after consuming a lot of rocky road ice cream, today it feels like vanilla. if you look at the major averages in terms of where they are from their highs back at the end of january, the nasdaq here within 3% of its all time high in january as we've seen a big recovery in particular from bi

contessa brewer is here with more on this story are you our go-to story on breaking news, this time somethingore harrowing >> this is a devastating story, there is no parent in america who isn't waking up this morning and dropping off their children at school and thinking, are my kids safe? the ar-15s are among the most popular firearms in the country. they're easy to get. they're easy to modify, they're easy to shoot. they have also been used again and again if mass shootings from the sandy hook elementary massacre to the attack at mandalay bay in las vegas last october. semi automatic rifles are manufactured by many companies, some of the big ones you heard of, six hour, colt, winchester, remington, mossberg, many others there are hundreds more smaller companies that you've never heard of creating not only the weapons but the accessories that go along with them plus, there are hobbyists and they make one of a kind firearms, they can be manufactured on 3d printers. they would be untraceable. gunmakers enjoy protection that other makers do not the protection of lawful commerce and arms act wa