lee cowen caught up with khalid in los angeles. ♪ ♪ >> reporter: it is all vintage vinyl at the artform angeles. shopping with grammy nominated newcomer khalid, you realize that, most of the records here are at least twice his age. >> oh, yeah. >> and yet, he is hardly musically immature. ♪ living the good life and good vibes ♪ my eyes are on the gray skies ♪ >> i still am 19. i still do 19-year-old things. i do it. >> but it is different. >> it is different. i'm proud of myself that i have, been able to achieve this since a maturity that i didn't have when i was 16. ♪ it is the love >> it wasn't that long ago khalid robinson was roaming the halls of his high school in el paso, texas hoping to find himself like any other awkward teen. but then this happened. he began writing his own music. something he had never tried before. not even once. >> i can't play an instrument to save my life. but, when i am creating and making music i feel like i am just, i'm the head of the orchestra, i'm any just, you know, wave might wand. and, and, something is created. ♪ send me your location >> what he

tyler cowen, thank you so much. take care.ht, new details on the illegal immigrant who police say let them on a high-speed chase on the greyhound bus from wisconsin to illinois on friday. coming up, a live report on now. >> mr. vargas process, the 33-year-old has been in our country illegally and in fact was deported sometime ago back to mexico and by virtue of his actions last night you see he is back and threatening to kill americans. kraft. family greatly. the markets change... at t. rowe price... our disciplined approach remains. global markets may be uncertain... but you can feel confident in our investment experience around the world. call us or your advisor... t. rowe price. invest with confidence. your body was made for better things than rheumatiod arthritis. before you and your rheumatologist move to another treatment, ask if xeljanz xr is right for you. xeljanz xr is a once-daily pill for adults with moderate to severe ra for whom methotrexate did not work well. it can reduce pain, swelling and further joint damage,

as the commemoration of alexander hamilton continues, i cowen i am , president of the museum of american finance. our partner is the alexander hamilton awareness society and you turn to them for all things hamiltonian. we welcome their leadership. as well as friends of the museum.

the moment we're hearing one third would say yes to this position paper yes to moving forward with cowen a coalition ago she asians one third would say under no circumstances should we pursue coalition to go she asians and we're told one third of the delegates six hundred in all are still undecided now for leaders like martin short's whom you just showed to our viewers this could be the last twenty four hours at the head of the party because heads could well roll if in fact there's a no vote now the man who's been a leading the charge against the party leadership who says absolutely no to this position paper that's been put out there is a twenty eight year old head of the party's youth wing and he says he doesn't want to see heads will but the fact is that could well be the consequence so as i said nervousness and a lot of uncertainty something's been happening in the background as well some social democrats calling on their leaders to impose conditions on the conservatives for agreeing to launch full coalition talks is that a wise move or a bit of a risky one it's a problematic move tha

cowen says skechers could announce a share repurchase. that sites optimism in i women's base and a favorable product cycle. it maintains an outperform rating. however shares fell in trading today. >>> still ahead, open skies. why the u.s. airlines are celebrateding a big win, and possible future expansion in the middle east. >>> president trump will deliver his first state of the union address tonight, and the ecomy is expected to get a lot of attention. ayman javers is at the white house. >> reporter: we are told tha the president began making edits on the speech on the plane ride over the davos switzerland last week but the speh writing began as far back as december. there has been a lot of prep time forte tonight's s of the union. the white house has given a sense of some of thet topics t will be included. look at the list of those. topics including the economy, also infrastructure, the question about immigration and how that will be handles, trade, national security. all of those will be pillars o this speech tonight. of the economic

. >> i want to give problems to the cowen analyst who six months ago put it between 11.5 to 16 monthshe stock had a 20-something handle at the time we said it for a long time, if ge isn't able to perform in this environment as a stock when a company like honeywell is absolutely crushing, then in what environment will they i think the pains in this stock is to the downside. >> 11.50 is the target we put on it given that we ascribe certain debt like aspects to the company, it's broken up. >> how your analysts, god bless them. how can you do a sum of all the parts on this aset i haven't gone through the report he's a smart guy but people are pricing the assets at basically liquidation levels look what happened in the energy market in the power utility market we have had a major recovery you have got to tell me that ge capital isn't in a better place than it was six months ago. >> the way they priced sit above the market cap right now >> right. >> right now you are talking about a praem yum to market cap. >> do you short this thing >> i don't short the stock i think you can use it as an a

here's lee cowen. >> reporter: although you've mi would be a great place to ring in the new year, it's a giant tease. you can't drink any of it out of the tap. at this point in the process, 190 proof. >> touch it to your tongue you. will be able to get. >> yep. >> all most ee vap rates r away. >> it's why it is called a spirit.ler at hangar 1 vodka. its home, an old station in alameda akraufls the bay from san francisco. anything that ferments. t your average bottle of vodka is 60% water. has a tunnel of influence on the final flavor. >> walter is a coveted commodity in california having emerged so, shoe make earl decided she would experiment with a sustain allable option and try to squeeze water out of an icon. san francisco's famoog >> turned out no one had tried it, which i was kind of surprised. >> no one tried it with all the fog. >> with all the g itet. a quick lesson.fog isade up of walter drop lets. turns out the drops do have a flavor. >> water. very nuanced. >> that's what fog tastes like. >> almost whispers to the places the fog traveled.that ltle bit solidity and minerality

lee cowen spoke to stone about her life and the next stage of her career. >> this was the montgomery property, i wanted, i'm sure that, then, elizabeth taylor and natalie wood and, robert wagner and, and all of those great people were over here swimming. i just wanted to keep it. preserve it. >> sharon stone's home does have that sweet smell of old hollywood. those ear huge. >> yeah, they smell fantastic. >> not that she is hold old mind you, shy of 60 and looks 40. hers is hardly the lonely mansion from sunset boulevard. >> which one of you hethens is throwing their nach kin. if the echos with the chaos of kids. stone's three adopted sons, 11, 12, 17, make sure of that. >> mom. >> what. can i play. thank you. you want to guard me. >> as a single mom there isn't much time for reflection. but if there is a place for peace, it is by that pool. under her angel's trumpet tree. >> i talk to my tree. >> pretty fabulous. smells so great. >> does the tree talk back? >> it kind of does. >> life does talk differently than it used to. ever since a serious brain hemorrhage she suffered in 2001 n

cowen estimated that $300 million given the analysis of monthly customers. making a play for the struggling $550 billion u.s. convenience store industry, unveiling amazon go to the public in downtown seattle this week. the store lets shoppers grab what they want and leave without paying a cashier. we went live to seattle from the store. >> we have been here since lunchtime, and at lunchtime, the line was around the corner. there is a lot of excitement. it has died down as the afternoon has worn on. this is a store where you walk in, have an app on your smart phone, get a qr code, scan it, that opens the glass turnstile, then you walk in. inside, you pick from sandwiches, salads, drinks, a lot of traditional convenience store staples, and everything is billed automatically. there is no cashier. you just walk out. they are trying to make the check out counter logjam a thing of history. emily: how well staffed is the store? are there security guards, clerks to help? >> theft is not an issue. today, there is a lot of amazon people on board. they have part of the

cowen and company expects the legal cannabis market to skyrocket to $50 billion with the help of companies such as medmen. this is a private equity fund that specializes in the marijuana business from the operational and cultivation and investment perspective. and its cochairman, chris levy brings heavy wall street credwith him. he oversaw 150 billion in equities with the hedge fund blackrock, you went head first, when you heard the news today. what was the first thought? >> the first thought was what really happened? all that happened here was the attorney general said we're going to leave this up to the u.s. attorneys. liz: that's it? >> so he didn't say you have to prosecute weed or pot-related violations. >> absolutely not, and then on top of, that remember, we already have a budget amendment that defunds the department of justice from prosecuting on the medical marijuana side for states that have legalization programs. liz: are you telling me you think attorney general sessions did this just to give the appearance, and i don't mean to be cynical, i'm against this, the trump administra

representative cowen attacks an 11-year-old, barron, his son on twitter. what do you expect a father to do? when president trump became president he didn't give up his right to say what's on his mind. no president is or does. i like a guy who is going to fight. i'm sick of the left throwing punches and the republicans -- >> i'll send you guys a box of tissues and wipe your tears. >> let me tell you, david, you are a good man but i'm like trump. >> jesse: i want to play some new sound that's coming in. there is this new attempt to undermine president trump that is just unfolding tonight. he is at the college foot ball national championship this evening. he took the field for the anthem and sang along. but now people on the left are claiming he doesn't know the words to the national anthem. all right. first we'll show you the clip that's making the rounds on twitter and then we have an edited shot to show you from when he sang the whole thing word for word. take a look. >> what so proudly we hail at the twilight's last gleaming ♪ ♪ o say does that star-spang

and it seems seem like a lot of analysts, there is one analyst cowen and company in november which cameut with a sum of the parts analysis of 11 to $15 a share. they were an outliar then we have all of these analysts who are sort of relooking at it, redoing the sum of the parts there was a change in terms of the news in the insurance business now everybody is saying it's not worth trading here the industry absolutely got lazy but like many things there are great analysts and not so great analysts the cohen guys and gals did a great job on ge. they have been right look at what happened to the stock. we try to do this every night in some capacity, be analysts and we do it to varying degrees of skill. i will say one thing of the it's not value added in my opinion when goldman sachs takes walmart from a neutral to a conviction buy list and raised their price target from 115 to 117 to me that's not what they should be doing. >> the only reason they are raising the price target is they made an adjustment hopefully they did some work and they raised their im estimates. >> sorry so far wrong. >

joining us now is shawn golhar at barclay's and chris krueger, washington research group strategist at cowenthank you for joining us today shawn, i'll start with you we had gary cohen on our air earlier. he said one focus tonight is a $1.5 trillion infrastructure plan we've been looking for this for a while. we're light on details wlachlt you a what you are looking for >> we're still very skeptical. i want tow where the federal funding going to come? are we talking about a new tax r revenue stream how is the federal government to stimulate demand to create funding to allow this project to go forward they keep talking about getting private capital into the markets to make this happen. it seems a little vague on details. >> and, chris, it seems there is just a year ago that we had the president giving his speech to the joint session of congress and in that speech he talked about infrastructure then, too why should businesses be thinking that we're any further along in this process now? >> they shouldn't. particularly now after passing the tax bill after spending a whole year on repeal and repl

as the commemoration of alexander hamilton continues, i cowen i am , president of the museum of american finance. our partner is the alexander hamilton awareness society and you turn to them for all things hamiltonian. we welcome their leadership. as well as friends of the museum. we have brought some amazing documents you should check out afterwards. we thank the c-span audience. 20 years ago, our board chair wrote me a note that started with the words "a stroke of luck." had been introduced to a buffalo phd candidate. he was interested in early american financial history. this was before the show. very few people were interested in hamilton. there were very few of us that were doing a deeper dive into the financial aspects of his vision. his phd thesis, 1300 pages. that is staggering. perspective, mine was a paltry 300 and his was 1000 more. -- it led to the first quit about bob. he can't hold his ink. skip forward 20 years, he has 20 more books he has authored or co-authored. that led to another quip, he writes books faster than we can read them. to add to that five at volumes, the fi

. >> reporter: in hollywood, claudia cowens, fox news. >> i like it when fox has a hit.of us. >> that's true. >> coming up a new law on marijuana legalization goes into effect in california today. we'll have details for you. >> and in southern california wine country is on the mend after devastating wildfires ripped through that region. more on the road to recovery. >> ♪ blank small business, internet providers promise you a lot. let's see who delivers more. comcast business offers fast gig-speeds across our network. verizon doesn't. we offer more complete reliability with up to 8 hours of 4g wireless network backup. we offer 35 voice features and solutions that grow with your business. verizon, not so much. get internet on our gig-speed network and add voice and tv for $34.90 more per month. call 1-800-501-6000. >> 6:22 now on a monday morning. recreational marijuana now officially legal in california. the historic day arrives in the golden state more than two decades after california paved the way for legalized pot by passing the first medical marijuana law in the coun

here is one in 2015 google managesser paul cowen wrote the following on google's internal networks forsee: the blacklists were real and not just internal. they also applied to conservative figures from outside the company. blogger curtis yarvin known online at men shut mole bug once visited google to have lunch with an employee. according to the suit his arrival triggered a silent alarm at google. security arrived to escort him off campus. his mere presence was considered unacceptable. according to the lawsuit, google employees were awarded with bonuses by the company for publicly denouncing demuir's memo. in april of 2017, google manager chris besell advised employees if they spoke at conferences they should do so only while demanding that white males from other companies be kicked off panels in favor of women or nonwhite employees. quote: you will feel pretty damn smug about doing it besell said. google h.r. said besell's attacks on the basis of race and gender somehow broke no company rules. that's just scratching the surface of what he has brought to light. the suit has more than 1

donald trump planned to mark his first year as president kimberley health al-jazeera washington by cowen joins us live from washington d.c. hi there mike so right now both sides blaming each other how does this get resolved . well it's very difficult to see both sides have been holding talks in the course of the day to try and find some kind of last gasp measure to extend the agreement to avoid or end the scotland shutdown but they still seem too far apart intent as you say at this particular point in putting blame on each other rather than addressing the issue of how to get through it it's significant to see in this question of blame game going on that the number of democrats who oppose the short gap measure in the senate friday night there were five but they were joined by four republicans so essentially those who vote today against the last gasp measure to reopen government will came from both sides of the aisle but the division is so deep at the moment the various. things being put on any agreement by both sides makes a very unlikely that they going to get that aim of getting togethe

us go straight over to davos correspondent christopher cowen standing by first of all about has just finished his speech a few minutes ago to me it sounded more like the speech of a president of europe than one of the german chancellor what was your impression. at the same oppression guard the german chancellor touching a wide range of topics in her speech mainly focusing on the fact that europe needs to get its act together europe needs to have a coherent common idea of how to move forward and that includes an economic vision there needs to be a banking union the chancellor stressed there needs to be a common european foreign policy the need to be strong external borders at the same time europe needs to collaborate with countries outside of its borders so yes she did touch a lot of topics but the main theme is multilateral multi-lateralism call aberration working together that is what will bring the world forward because of what do you think was the key message to business that. i think the key message to business is that multilateralism is the word here. states governments companie

to miss the entire clay court season in a bid to preserve his body former pro player barry cowen says that with the big stars all now in the later stages of their careers it's time for the next generation to step up the getting older they've actually bucked the trend and this is i think it's really important to stress this is not a negative we are talking about federer who many people thought we would retard five years ago because of what he did cheat he's still playing amazing tennis on the go i was hearing five six years ago. rafa is going to quit at twenty five twenty six ruff is still playing incredible tennis beach with what he's warm as they're going to be thirty one this year djokovic your mark we are fortunate the best still around and i just think is normal but what it does given the r.c. is the positive it gives an opportunity for other players to emerge and on i'm a big believer that that's always the case in sport the opening grand slam of twenty eight hundred starts in australia later this month a first chance for some new names to show this can be a year of change for me

. >> reporter: olivia cowen told the court she suffers from ptsd. >> i've cried more nights than thatenced flashback trauma of the abuse. my deepest pain and fear was the thought of my two, young daughters ever being hurt like this. >> reporter: altogether, roughly 150 women accused nassar of sexual abuse, including olympic medal winners, aly raisman, gabby douglas and simone biles that went public monday. the olympians have not scheduled appearances in court. but 98 women will be giving statements. some pointing the finger at former employers, usa gymnastics. as part of a settlement, maroni was unable to face nassar. she was facing a fine if she gave a victim impact statement. that news causing chrissy teigen to tweet. the entire principle of this should be fought. a nondisclosure agreement to stay quiet about this monster with 140 accusers. i would be honored to pay this fine for you. usa gymnastics said it will not secrek retribution if she speak out. usa gymnastics says it did reach out to the fbi after a complaint was made, while michigan state university says, any suggestion tha

jeff osborne, cowen. >>> some states are threatening to individually adopt net neutrality can they dot would it work? we're going to talk to the man who actually invented the phrase, net neutrality and we're all over this bombshell statement from president trump in response to a bombshell article about his presidency what trump said about his former adviser steve bannon >>> streaming and speeds of the internet continuing battle over net neutrality you thought it was over and done with no the rules blocking and throttling and fast lanes on the web were repealed by the fcc, but now states like new york and washington state that is pushing at the state level get ready for court challenges here on this and here to weigh-in on the tech landscape is columbia law professor timothy wu we'll call him tim originally coined the word net neutrality tim, welcome good to have you with us. >> thank you. >> you were a supreme court clerk. so you can explain this to me. but i thought that the federal government had very, very broad powers to regulate not only interstate commerce but interstate communi