the finder of cypress, t.j. rodgers join uss on the other side of this break side of this break back in a moment direct messages have evolved. so should the way you bank. virtual wallet from pnc bank. just one way pnc is modernizing banking to help make things easier. pnc bank. make today the day. pnc bank. chloe, why is there a lamp shade on your head? shhh. my owner might have given me a little bit of catnip. uh. [ laughing ] that's great. listen... it is great, gidget. everything is grand. [ meow ] [ purring ] [ growl ] are you finished? [ cooing ] that was weird. oh sister it's going to get way weirder. >> when we return, an exclusive with the ceo of astrazeneca, live from the biggest research meeting. and major indices mixed. nasdaq down almost half a percent. a lot more "squawk alley" still ahead. don't go anywhere. at carvana, no matter what car you buy from us, you get the freedom of a 7-day return policy. this isn't some dealership test drive around the block. it's better. this is seven days to put your

cypress is the company you founded and ran for so many years.f you were to hear that they were moving some production to china just as apple is, would you advise against that? >> cypress had some of its production, back end, we made our chips in the united states but assembly and test we had back end in china. and i work now, my new job is i'm on the board of five companies that i'm invested in. i'm going to -- i'm not afraid of working with china. you've just got to be careful about your i.p. liz: t.j., thank you. we'll be right back. i switched to liberty mutual, because they let me customize my insurance. and as a fitness junkie, i customize everything, like my bike, and my calves. liberty mutual customizes your car insurance, so you only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ liz: can we get that live picture up? we want to take you to santa clara. a massive condo construction site, more than 50 condos are on fire right now. you can see that firefighters, multiple firefighting trucks are there to prevent a large four-

and that leaves cypresses subsea resources which could be worth billions in limbo. let's take a look at some other business news are falling for this hour. looking to double its sales in the middle east and africa french auto giants psa inaugurated a factory in morocc. factory which is near kenitra in the north is set to assemble a hundred thousand cars per year i will create twenty five hundred full time jobs. psa is hoping to compete with its rival renault which opened its largest car assembly plants in africa and morocco back in two thousand and twelve a global instruments to combat violence and harassment at work. that's how do you an agency overseeing international labor standards a qualified in newly dropped a treaty. its first to address arrest meant in the workplace. the convention aims to protect workers from harassment both at work and outside i work related trips and even during their commutes. the document will be legally binding for nations that ratified. an american firefighters are battling a massive blaze at philadelphia energy solution inks oil refi

agrees to buy cypress semiconductors in a $9 billion deal >>> we here in the u.k.cused to president trump's advice the there's a lot going on in fin tech investments are over $700 million. according to research firm g.b. insights they saw three new fin tech firms formed in europe transfer wise recently became most valuable financial technology startup overtaking british startupback. elizabeth joins us elizabeth, what can you share with us from this con sflens. >> good morning, julianna. we are here at money 2020. the future of money and currencies europe is a big fin tech hub but it isn't home to historically as many fin tech unicorns i'm pleased to say we are joined by one of new york's rare unicor unicorns you are the co-founder of oak forest your valuation is $2.8 million do you expect more from soft bank >> the question is do we need more we're probably way over capitalized for our plan already so whether we need more capital is the question. if we needed more, i think we've got some pretty strong investors around us. the 440 million is good and we have gic, et

rival cypress semiconductors in a deal worth 9000000000 euros including debt and finian c.e.o. is calling the acquisition of cypress a quote landmark step in the company's strategic development the transaction is said to be completed by early next year. and thai authorities are investigating a fire that roared through bangkok famous weekend market on sunday the place destroyed some 200 shops inside the densely packed bazaar known as the world's largest weekend market it is popular with locals and tourists and. where cheddar cheese brussels sprouts new york cheesecake have you ever wondered how a place gets associated with a particular food well here in germany asparagus especially the white trying to consider it a delicacy and one small town just outside the capital has gone all out to claim it as its own. this is dealing with a town of 12000 people known for one thing and one thing only. as barry guests the people here love the vegetable so much they've dedicated a whole festival to us as a foster are you just parrots nearly every day up with this mayor or put on a few kilos b

cypress has a footprint in key growth areas like autonomous vehicles. >>> a san francisco cryptocurrency leader has paid dearly to have lunch with warren buffett. justin sun is the founder of tron. he paid $4.5 million in a charity auction. he will get to take seven friends. sun boasted about the win on his website. he says he can't wait to talk to buffet about bitcoin and blockchain. buffett once charactered it as probably rat poison squared. he sees the lunch as an opportunity to seek a shared understanding on the topic. the charity lunch benefits san francisco's glide memorial church. >>> you may have noticed gas prices dropping a little bit. that's not something we usually see during the start of the summer driving season. it usually goes up. the average price of a gallon of regular gas in california is $3.94. that's down 7 cents week over week. it's a little higher in the bay area. it always seems to be. crude oil prices dropped last month, and that makes up the largest portion of the price of gas. >>> more issues at boeing making travel a little more difficult for passengers. >> 7

that was an incredible buying opportunity because two days ago we learned that cypress semi is beinguired by-- by nvidia last month i pounded the table how about another example familiar with people let's talk one that is just in the news constantly, apple now i know apple has been a house of pain lately it is caught in the cross-hairs of the trade wars and china and the anti-trust inquiry but if you paid attention when ceo tim cook came on the show, you caught two bottoms first time is may of 2016 when they fell out of favor over worries about a disappointing iphone cycle and in china and they said it is behind them. but carl icon had been a major shareholder and dumped the stock and told everyone else who could listen to get out. and it traded do you know to $93 and change and apple spent the next two and a half years going higher in a straight line the second time was this january. apple announced terrible numbers and once again everybody was freaking out about china and when we spoke with tim cook in february, and the stock pulled back to 150 and he told you to stop focus on ipho

and shares of cypress semiconductor surging this morning. deal valued at over $10 billion. correct? cypress semiconductor founder sqwkn odgers joining "ua o the street" in the next hour don't go away. when it comes to your customers' expectations, there's one thing you can be sure of. they're changing by the nanosecond. that's why cognizant created a unique engineering approach to design and build new digital products. learn how cognizant softvision designs experiences and engineers outcomes. ♪ cool. ♪ >>> the faa says there is a new problem with some of boeing 737 commercial jets. phil lebeau has more on this story. >> what we're talking about are the slat tracks, if you are on a 737 and you look out the window, you might notice as you come in to land, you see the slats on the front of the wing that they come down, 148 wing parts are going to be inspected. boeing has determined some of the slat tracks, some parts may be faulty and 133 of the 737s that growing to be checked are the previous to the max, they're called the 737 ng planes. those planes will be checked as well it brings

. >> that little grove of cypress trees right there, that's where we found it under a bunch of cypresss. >> reporter: they had found his drone, rested in water damage, but still intact. a $50 bet from his dad sent rico on a search for the owner and luckily he had some tricks up his sleeve. >> i knew that video files had lots of other information logged on to the recording, stuff you don't normally see. >> reporter: information that included gps coordinates which rico punched into google maps. there he got an address and sent a letter to the owner. >> my wife got it and at first thought it was a solicitation. as soon as i saw it and realized this is coming from somebody in santa cruz addressed to a potential drone owner, i instantly got somebody's got my drone. >> reporter: he got his drone back along with his photos and videos. rico is $50 richer. and to both of their surprise, the drone still flies. but perhaps friendship is the biggest reward in this remarkable story. >> we discovered we had a lot of common when we met. >> i got my old drone back and i have a new drone as a result an

this monterey cypress was believed to be the basis for the tree in the book the lorax. it stood near the home of dr. seuss. no word on what brought the tree down. but it was said to be 80-100 years old. the city is looking at replacing the tree. >> i used to read that book all the time. >> i'm suffering from flashbacks . >>> thank you for watching tonight at 6 pm. the cbs evening news is up next. ♪ ♪ captioning sponsored by cbs >> dubois: on the "cbs evening news" this monday, panic as gunfire breaks out late today at the toronto raptors' victory parade. >> two people were shot during the championship celebration. you can see fans running for cover. >> toronto police say two people are in custody. >> people were running over the top of each other. >> holy crap. ( gunfire ) >> the terrifying scene as a masked gunman opened fire on a federal courthouse in dallas. >> the shooter died after a gunfight with police. >> your first instinct is to run. >> dubois: breaking news. newly released evidence points to iran in the tanker attacks, as the iranians step up their production

the island has been divided with the greek republic of cyprus in the south and turkish controlled cypress in the north that is where your max reporter and korn meet stream out courteney he's preparing for the traditional muslim head the night ahead of the wedding to his fiance i mean for me it was a very big surprise when i heard that you would marry here without any assumed but didn't exist here it's different that turkey where weddings are normally conducted by the law it's a religious practice but that's not the tradition here. it's no separate would get married by me mom. to head the knights get found a way to get some waiting outside the home of the bride's parents i mean i call whereas the traditional been done a dress. the groom to be shows out in l.a. . i mean i manages to mount the horse but she's clearly nervous. darling darling likely to stay calm down i want to get up. just stay calm don't get me off the horse. i mean it continues on foot it's not what she planned. i was really down hearted. i thought the rough start would ruin the entire night i was so good. it was my dream t

. >>> cypress semiconductor will be sellingo itselfe german ship making company infineon. it will make the combined mpany the world's largest chip maker. they jumped nearly24% to 22.07. >>> apparel company pvh has signed a licen deal to distribute the calvin klein jeansal. they will support the strategy to build a successful women's jeans wear business. pb 8 shares were up to 87.73. g 3 shares rose to >>> advanced micro devices announced a multi-year deal to samsung. they will license to samsung for use in mobile devices and smart phones. also, samsung will pay amd royalties and licensing fees. amtrak shares 27.58. >>> apple kicked off its annual developer's conference today with morehan 5,000 people from nearly 100 countries expected te , and the company has a lot riding on it. josh lipton is live with why it matters. >> welcome to wwdc 2019. >> reporter: apple's ceo tim cook's mission today wasimple bu critical, convince millions of developers all around the world tha they should keep spending their time and money creating apps for his products not the competition. inpar

. >> our san francisco muni officers that work with sfmta is in constant communication with cypress and when we get those footages available, it's put out to all of our officers. frequently our school resource officers are able to identify young people. and there have been times when i've had videos that we haven't been able to identify the young person but we have just enough information for sfsud to then assist us with the crime. and we also have some people that have access to various social media platforms and even if they're not reported through cypress we find out about them and when we do we take the appropriate actions. >> thank you. commissioner? >> thank you, kevin, for the presentation. i had two questions. and i think that the other one we could answer later. my current question right now is, you know, we're talking about present time things that happened during the event and i'm just curious to understand where there's opportunities put in policies, places where we support schools or institutions or locations after these kind of activities. and so from my experience, you kn

buys his cypress semiconductor company for $10 billion. ♪ nejra: good morning.under one hour from the store of cash equity trading. what a tough month it was for global equity. $4 trillion loss, the s&p 500 having its worst may in seven years. and we could see another day in decline for u.s. equities and also in europe, where it is right on the screen. ftse 100 futures are lower by 1/10 of 1%. warnings are mounting about the from goldman, morgan stanley, and we can see the reaction in the bond market. we have been talking about jp morgan all morning. manus: we have indeed. they have slashed and burned on their view, fun where yields will go by the end of the year. they warn, do not join the great big train. u.s. treasury futures are slightly higher, u.s. treasury yields lower. morgan stanley raised the flag on the prospect of recession by 2020, if the trade tensions escalate. to the wind market, we have seen four weeks of dust to the bond bund market, we lows in the market and there is a 77% probability that will get a cut from the ecb. the curve is the lowest i

the two were together down at cypress point, golf club in monterey. definitely a couple of big fish. >> that is a huge fish. >> i love this. our catch of the day. that is as mazzola, caught a 2 1/2 pound bass at clearlake, world war ii veteran, you ready for this? he turns 95, tomorrow. >> that's great. >> isn't that great? >> and is out there fishing. >> yeah. exactly. happy birthday, 95 years old tomorrow. you think you can do better, send us your fishing pictures to catch of the day at kpix5. -- at kpix.com. >> fishing at 95. >> happy birthday. >> we hope so too. >> thanks dennis. distract the cbs evening news is up next. >> maurice dubois is here with a preview. >> hi there allen and veronica, here are the stories we are working on. >>> you will hear from the family of an immigrant father and daughter who drowned in the rio grande, we will also take you inside the texas border station where hundreds of young migrants were held. a mother beaten and hospitalized by the boy she recorded for bullying her son. and, an injured marine who won the purple

. >> the monterrey cypress was on the grounds of the scripps park in la jolla. dr. seuss, whose real name was theodore gisel lived nearby and could see the tree from his home. the tree was somewhere between 80 and 100 years old. city officials are planning on planting a replacement. there is no word on what caused the tree to fall over. >>> well, after several days of heat we have a cooling day. >> yeah. kind of strange out there. drew tuma standing by with a little bit more on what we can expect for the rest of the weekend. >> this is what june typically should feel like. we should have that fog, have a wide range in temperatures. not that extreme heat of last week. live doppler 7 giving you the active sweep across the region. you can see that marine layer just hugging the coast line on the satellite, stretching in and around the bay. in fact the emeryville camera hard pressed to find any sunshine right now. a live look showing overcast skies. contrast to the south bay. san jose, look at that. baby blue. lots of sunshine. but across the board today we are cooler th

a lot of examples of this one one of my favorites is a group from cypress holds a conference at the trumponal hotel and a local news story out of cypress says this was explicitly designed to influence the president of the united states. >> ken, do we know how much money was spent? >> we don't, kristen. that is another issue. there is no transparency here. all we know is that the trump organization has promised to donate the foreign prof toots the treasury. they have written checks totaling $443,000. they have not told us what that number is based on. they're a private $343,000. but they have told us what that number is based on. they're a private organization. and we don't know to what extent foreign governments and their organizations are patronizing these properties. all we can do is glean from the public information and that number is 22. it may be much higher than that. >> and you've been working the phones. have you gotten any reaction? >> no immediate response from the trump organization, but i can tell you what they argue. they're saying, these are regular business payments, they'r

we'll take a look at this the ancient monterey cypress tree that inspired doctor seuss you know the children's books, the lorax and actually toppled over and fell so that reads in california. it's believed to be between 80 and a 100 years old and it's located on the grounds of the ellen browning scripps park that's in la jolla. so doctor seuss whose real name is steered or gazelle he lived nearby and he could see that tree from his house that's what you know inspired him so authorities don't know what caused that tree to come down. the city officials are looking planting a replacement treat. what do you remember the 2 dogs that survived that dangerous rv chase and last month, they're up for adoption now so the pair of dogs they were in a stolen rv when the female driver led police on this crazy high speed chase. through santa clarita so the r v crash into about a half dozen vehicles. you remember this right, the dog was taking out the window that had us the side of it was shredded falling off. so one of the dogs jumped out all through that smashed front windshield of the moving rv the second d

these enormous unless the trees also known as patagonian cypress don't grow anywhere else in the world. will know someone on how to work here in the park and protect these fantastic trees. i don't need more than anything they're along for the world. without the protection of $2000000.00 park the forest would be facing a disaster. before there was no respect for nature. not there i'm not going to interrupt but all around with. douglas tompkins died in a kayaking accident in 2015 but that didn't spell the end of his conservation project. in the area he gave us a vision for now we the young people and all the future generations need to care for protect the park. you know this isn't the air or family park will live on for a long time but i want to highlight what a dimple. in 2017 tompkins widow christine make did the thompkins handed over all of the land she and her husband acquired to the chilean government it was the largest ever donation of private land to a government in south america but there was one condition that the state turned all of it into national parks. our journey takes us

peter matthews is a professor of political science at cypress college and the also of dollar democracy with liberty and justice for some how to reclaim the american dream for he joins us now from los angeles thanks very much for being with us so california is is seen as very much a liberal state in the u.s. but it is it is something of a pioneer state when it comes to. laws like this what sort of a precedent could this set because of an example for other states like new york the largest states more affluent states to pursue this path as well but it's actually reflection of governor gavin newsom's attempt to get a single payer system ultimately in california he campaigned on it he actually said the beginning we took office he'd like to implement that in the beginning of getting part of the segment of population to be covered even the undocumented folks to some extent and just just get given wilson is the is the california governor is he is this. now at the at the federal level could this be a challenge given president trump's policy when it comes to illegal immigrants yes it could be on

based scot cypress semiconductor corp for 8400000000 year. rose more than $10000000000.00 the german company says they're planning to finance 30 percent of the deal with a quickie with the rest being taken care of in debt and cash the acquisition will put infinity on appeal in a position to become the world's largest provider of automotive chips a sector that already makes up 40 percent of their business on the news infineon stock which is traded over the counter took a big hit trading down more than 10 percent monday morning meanwhile cyprus which trades on the nasdaq witnessed a boost of nearly 22 percent the deal between and finian in cyprus will still require approval from regulators we'll keep you apprised of the latest. maybe fighting allegations around the world that it's stolen ip from other companies but now it finds itself the victim of stolen trade secrets on monday always kicks off a trade secrets lawsuit in texas against a poor far more employee ronnie and his start * up the next labs and on allegations of racketeering claims tha

turkey says its drilling ship has started exploring the sea floor in an area 45 nautical miles west of cypress it's far from the area cyprus has licensed multinational oil companies to explore but still within a 200 nautical mile radius where cyprus claims it has the sole right to exploit mineral wealth under the sea. both the e.u. and the united states have called on to key to stop explorations they term provocative and illegal turkey has a different view but i don't as any big nakedness are warning actors from outside the region that are forming corporations with cyprus do not chase illusions that who yield no results don't participate in an unlawful plans no one will stop turkey from following its path of determination cyprus and turkey haven't had normal diplomatic relations since 1974 when turkey invaded the island in response to a greek could tempt turkey still occupies more than a 3rd of cyprus and talks to reunify the island have so far failed cyprus says it will share the wealth from whatever or oil and gas it finds with the turkish cypriots living in the occupied north whenever they

based scot cypress semiconductor corp for $8400000000.00 euros more than $10000000000.00 the german company says they're planning to finance 30 percent of the deal with equity with the rest being taken care of in debt and cash the acquisition will put infineon appear in a position to become the world's largest provider of automotive chips a sector that already makes up 40 percent of their business. welcome back to the program we go. one an employee blogger who has been covering the state visit by donald trump to the u.k. bully what can we take away from this meeting between donald trump and theresa may . play he was trying to be on his best behavior wasn't he is still fitting that the move a schoolboy on his best behavior they both came out we saw them walking together from downing street to the foreign and commonwealth office where that big very grand press conference was just held they both praised the special relationship between the u.k. and u.s. they spoke about the trade deal that they would like to see in place post brags that donald trump said that it would be phenomenal they didn't

it's a big deal in chip sector infineon is buying cypress for $10 billion.an, that's the latest back over to you. >> thank you we'll see you in a bit. >>> very busy hour still ahead on monday morning, when we come back, we will go live to london where president trump has just arrived he is due to meet the queen of england. plus, some interesting comments about the mayor of london. >>> then, what happens to germany's biggest bank when the country's citizens have to pay to borrow money? the news still ahead, 5:12, futures down 110 and we're back after this. o) automatically sort your expenses and save over 40 hours a month. (danny) every day you're nearly fried to a crisp, professionally! (vo) you earned it, we're here to make sure you get it. quickbooks. backing you. the first survivor of ais out there.sease and the alzheimer's association is going to make it happen. but we won't get there without you. visit alz.org to join the fight. we like drip coffee, layovers- -and waiting on hold. what we don't like is relying on fancy technology for help. snail mail! w

former president barack obama's health care law peter matthews is a professor of political science at cypress college and something telephony says the measure could help pave the way for other u.s. states to implement a single payer health care system. it could turn an example for other states like new york the largest states the more affluent states to pursue this path as well but it's actually reflection of governor gavin newsom's attempt to get a single payer system ultimately in california he campaigned on it he actually said the beginning we took office he'd like to implement that in the beginning of getting part of the segment of population to be covered even the undocumented folks to some extent i think the supreme court the 2 justices that are the conservative ones that he appointed the trump appointed you know the decision kavanaugh these does this is have not been proven yet on the economic level economic decisions such as this they might actually go along with allowing california this particular writer freedom to do this because they also believe in the centralized government so it

cypress semiconductor shares ahead for their best day since 2002. quarter after germany's in city and -- infineon agreed to by the company. $23.85 equates to about a share. shares are not yet trading at that level. it was a pretty hefty premium and infineon really got published today down more than 8%. on tocentive to infineon by cyprus is there automotive strength. have -- 13% in that chip business. .here is a lot of pessimism given some of the financing concerns on the deal and the street is also concerned about revenue synergies. it seems that analysts are really skeptical that that's going to be easily achievable and there's also the regulatory concerns. the last time infineon on tried to buy a u.s. company it was swatted down by u.s. regulators because of national security concerns and then of course you have the china risk. not everyone is sold on this deal for sure. guy: you talk about china. the world has changed obviously. the trade narrative has changed that. the fact that this is a german company now trying to buy in the united states, is

hospitalized after a crash in oakleigh investigators say it happened about 10 30 saturday morning on cypress road at o'hare avenue. emergency crews found a van on its roof and a pickup truck that was hit power lines were down in the road. police say the van was speeding when it hit that pole and then hit the pickup truck and flipped over the driver of the band died at the scene. a man in the pickup was flown to hospital with major injuries. 30th horses died at santa anita racetrack in southern california just as that venue wraps up the racing season. track officials say the thoroughbred american currency died in training accident saturday morning. the track also banned hall of fame trainer. jerry hollendorfer from the facility hollendorfer trained for the dead horses, including american currency. a number of trainers have been investigated because of the doubts and some results of that investigation could be released this week. coming up on kron 4 news weekend, a plan for some southern california residents after officials found they were living in deplorable conditions. plus there is a free

we are trying to bring the cypress trees in here without actually bringing them here. best. >> look on my instagramer later, guys. normally they are holding the trophy with white of interest back to san francisco. >>> it looks like a lourn for the season. reduces extended his contract in april, but they announced that his character would not return. he has been charged with multiple felony charges. police say he staged a hate crime attack in january. >>> a new board game features an nostalgic theme. the blockbuster party game comes in a replica plastic vhs tape. the first team to collect one movie from a different genres wins. >>> reese witherspoon will returnof her iconic roles, legally blonde three is expected to hit theaters next february. in her first two films she is a block with a ugly personality chihuahua who proves and on capitol hill. she says a script for the new movie has been written in the producers of the first two homes are back. >>> the muppets are making a return to the big screen, the movie is coming back to theaters for just two days this summer. yo

forng cypress semiconductor $8.7 billion in cash.4 a share offer is a fridaymium on cyprus's close and 50% from last week. fineon fell in frankfurt and it was put on review on potential downgrade on concerns of financing. shery: american airlines received tentative approval from the u.s. transportation department to partner on flights between the u.s., new zealand and australia. final approval is subject to public comment and review by the department. it comes after the obama administration rejected the airline's 2016. on concerns over competition. carrier saysbudget it has received several investment proposals, but will only consider offers it considers strategic. it has more than enough cash and will see if accepting investment is in the long-term interest of the airline. it will lead to 2.5 thousand planes, over $3 billion in the next two decades. shery: vw looking to lift its heavy truck division despite a nervous stockmarket. bring a valuation of about $18 billion. vw originally planned to sell 25% of the unit, although the offe

cypress soaring after it agreed to be bought out is there more to life in the space?a sanchez, your "trading nation" team ari, one day's bounce doesn't change a trend but how does today's action fit in with the longer term behavior, the patterns in the semis? >> i could tell you this that the philadelphia semiconductor index has come to an important level at 1280 this was the index's january breakout level oftentimes, former resistance becomes support. to the index's oversold into support indicates that it's too late to sell and i think there are some select opportunities out there. i think on the flip side, seasonally, june is a month where semiconductors typically underperform so our view is that from a trading basis, you'll continue to see some very jumpy volatile trading here before you get aggressively long, i would say. mixed evidence still in summary. >> all right and gina, i suppose that part of the evaluation here is just how much of whatever china impact is going to be already priced in and then just the condition of the semiconductor cycle. where do you com

german ship maker infineon is buying cypress semiconductor in a deal valued at $10.1 billion that mergern early 2020 the stock is up 24%. as i mentioned a standout in this technology beatdown >> we have eight minutes left of today's trade. just off the session lows but still an ugly session. guy, what is your last chance trade? >> i like this last chance trade. it's like the end of the hour, last chance trade. i'm going to give it to you. >> that's our thinking >> that's the idea >> bullard, if they're hellbent, they being the fed, on torching the u.s. dollar, i'm telling you now, gold's not a story until it is up a percent and a half today. newmont mining, ladies and gentlemen, should go higher in this environment i do believe that listen, the fed's going to do what they're going to do. all roads turn to gold nem will get you done. >> you're bullish on gold. >> absolutely. >> even though the dollar is -- >> makes no sense. it's madness if you think about it everything in their power to make the dollar to go lower. >> the trade war makes the dollar go higher >> i'm following you i get it

injuries after a crash this morning in oakley investigators say the crash happened around 10:30am cypress road to doha run avenue. emergency crews found a van on its roof, a pickup truck that was hit and power lines down on the road. police say the van was speeding when it hit the pole hit the pickup truck and then eventually flipped the driver of the van died at the scene. a man in the pickup truck was flown to the hospital with major injuries in walnut creek the chp says a person died in the crash on highway 6.80 the agency says the crash happened around one this morning on the northbound lanes just south of treat boulevard that off-ramp there. the incident briefly shut down all northbound lanes of traffic overnight. >>look outside this evening at san francisco international airport boy we could just go from one camera to the next it's that kind of night yeah beautiful. >>weekend out there for sure and the warmer weather is on the way let's check in now with meteorologist mabrisa rodriguez with our summer officially forecast yes summer day and also above average temperatures so even by

. >>> a california cypress tree that inspired a classic dr.ss story is no longer. >> the curved trunk and massive leaves are believed to be the basis for the truffle low trees from the book, the lorax published in 1971. the tree was located in la jolla near the home of dr. seuss whose real name is theodore guys old. parties don't know what caused it to come down. they will look at planting a replacement tree. it is between 80 to 100 years old. >> 5:55 now. police are looking for the gunmen behind a deadly shooting in santa clara overnight. what we've learned so far. >>> and breaking news after amanda's body was found overnight. he appears to have been murdered. the warning going out to neighbors in this area, next. >>> and developing is across alameda county. hayward police remain on scene, but now there is a search in oakland happening. we will bring you up to speed next. >>> live from the cbs bay area studios, this is kpix 5 news. >>> investigators have zero down a likely cause of a massive explosion at a home in alameda county. >>> a homici

gardening tip from our friends at meyfield garden center, if you have trees including cypress and sprucecheck for bag warms. if you discov caterpillar they can be easily controlled with some organic treatments and containing spinosad. thank you for our friends at merry fooel merryfield gardening center for the tip. i don't have any of those trees, nor do i know whhe chemicals are. i'm sure they'll help a lot. a few showers dissipating as they hit the appalachian mountains. no rain, full sunshine. especially headed to the pool. t will be a little breezy. tomorrow, lighterinds, temperatures in the mid 80s. we have that rain coming for your father's day, specifically in the afternoon.ou i w say any time after lunchtime. that's when we'll start to see showers and storms. hot andumid on father's day. we'll continue with the humidity through monday, through tuesday, wednesday, and thursday. so hot andhumid all next week. and again with daily chances of afternoon storms, we'll finally end that streak on saturday. melissa? >> good morning. >>> chopper 4 showing us this problem in manassas. lee h

former president barack obama's health care law peter matthews is a professor of political science at cypress college in southern california and he says the measured could help pave the way for other u.s. states implemented a single health care system. for it could set an example for other states like new york the largest states the more affluent states to pursue this path as well but it's actually reflection of governor gavin newsom's attempt to get a single payer system ultimately in california he campaigned on it he actually said the beginning we took office he'd like to implement that in the beginning of getting part of the segment of population to be covered even the undocumented folks to some extent i think the supreme court the justices that are the conservative ones that he appointed the trump appointed you know the gorsuch and kavanaugh these does this is have not been proven yet on the economic level economic decision such as this they might actually go along with allowing california this particular writer freedom to do this because they also believe in decentralized government so i

. >> caller: i have a problem with cypress semis being taken over and do i buy, sell or hold. >> no, we're done. we're cha chinging there and we're not doing anything wrong like the other guys. we're making a ton of money and what a great call by him i sure hope people bought. reasons to rally sure there are positives they can't be ignored. don't get complacent because we're a tweet away from undoing this stuff on "mad money," i'm sitting down with the co-ceo of salesforce. and what tariffs have impact on chipolte and sitting done with the ceo of emergent biosolution and drugs used for illnesses stay with cramer >> announcer: don't miss a second of "mad money." follow at jim cramer on twitter. have a question, tweet camer, #madtweets send jim an email to madmoney@cnbc.com. or give us a call at 800-743-cnbc miss something, head to cnbc.com there's just one thing hurting us millennials more than student loans: credit card debt. but with a personal loan from sofi, you can consolidate your credit card debt into one monthly payment. get your money right with sofi. but we all know we're pa

the ancient monterey cypress tree that inspired the doctor seuss children's book the lorax toppled overd to be between 80 and a 100 years old was located on the grounds of ellen browning scripps park that's in la jolla doctor seuss whose real name was theodor could see that tree from his house city officlsre consi >>the dogs that survived that month are now up for adoption. >>remember they were in the rv and then one kind of was hanging and fell out like while the thing was moving was really scary. police were chasing this rv and you'll see this happening right here was a pretty high speed 2 and then you saw. >>one of those dogs limping. >>even when the owner was taking off. the dog was following her. she was arrested and they were really have any. here's the dog flying outlook. he's going to be ok, you know that he had to put a little cast on him and now they're up production. they are 5.51 as we head to the break, let's take a live look outside at sfl now chu foggy over there the airport today cites if you have a introducing my new spicy chicken strips combo. bigger, tastier strips of

ok take a look at this the ancient monterey cypress tree that inspired the doctor seuss children's book recently the trees in california is believed to be 80 to maybe a 100 years old. it was located on the grounds of the ellen browning scripps park in la jolla doctor seuss live nearby and could see the tree from his house that's what inspired the book. city officials are considering maybe planting a replacement tree will see but it's kind of sad to see that fell over. time now 6.55 coming up on the kron 00:04am morning news. >>woman is dead after she was hit by a train in the east bay we'll have the latest on that investigation. plus what residents in sonoma county need to know today in order to avoid a fine from cal fire. and drivers in the bay area will soon be paying even more money for gas will tell you about the new tax that set to go into effect. and here's a quick look at some of the bridges and roads this morning as robins keeping an eye on your commute sees be flowing fairly well here on 92 the san mateo bridge, your commute direction on the right hand side some days we look at

turkey says its drilling ship has started exploring the sea floor in an area 45 nautical miles west of cypress it's far from the area cyprus has licensed multinational oil companies to explore but still within a 200 nautical mile radius where cyprus claims it has the sole right to exploit mineral wealth under the sea. both the e.u. and the united states have called on to key to stop explorations they term provocative and illegal turkey has a different view but i don't as a big nakedness or warning actors from outside the region that are forming corporations with cyprus do not chase illusions that who yield no results don't participate in an unlawful plans no one will stop turkey from following its path of determination cyprus and turkey haven't had normal diplomatic relations since 1974 when turkey invaded the island in response to a greek could tempt turkey still occupies more than a 3rd of cyprus and talks to reunify the island have so far failed cyprus says it will share the wealth from whatever or oil and gas it finds with the turkish cypriots living in the occupied north whenever they rea

we'll end on the big merger news this morning shares of cypress semiconductor up 25% pre-market. 500,000uter chip maker is bought by german chip company infineon they say they will become the eighth biggest chip maker in the world after buying cypress and its closing. joe, back over to you. >> dom chu thank you very much. we will come back to you and check later for more movers. i know dom was probably watching some of the markets. you know who's really got this what's wrong are you still thinking about the big blimp? >> this -- we are covering this with the pomp and circumstance. >> you're thinking about the blimp? >> you said there's a lot of people there that have lots of angst about this >> they're not going to be taking the carriage ride down the mall because protesters are expected to be lining the route. >> there is a lot of pomp and circumstance that's going on right now in terms of visual of what we're seeing but in terms of -- >> you want to make sure not everyone is happy that trump is there? no, i'm with ya. i've got you okay all right. >> just putting it out there. >> people

in southern california agent monterey cypress tree that inspired the doctor seuss children's book thel trees believed to be between 8100 years old. it was located on the grounds of the ellen browning scripps park in la jolla doctor seuss whose real name was theodore de sel live nearby and could does see the see the tree from his home. authorities don't know just yet what caused the tree to come down on thursday, but they are looking to a plan to replacement tree as soon as they can. and how about this for a father's day gift a babe ruth jersey is sold for more than 5 and a half million dollars at auction. the most expensive piece of sports memorabilia ever sold. it was the babes new york yankees jersey from 1928 to 1930. now the previous record was also a babe ruth jersey that 1920 jersey still sold for a million. now the babes 22 year baseball career included 714 home runs 4 world series titles. and he's best known for playing with the yankees, but he also spent time with the boston red sox and boston braves. that's going to get outside for a live look at conditions at the san mateo

. >> auto is tough i would like to see the semiconductors come back i thought the cypress deal was fantasticnobody cared. it was a european stock. shows you how under valued, nxpi might be to european buyers. >> jim, tonight, chipotle. >> chipotle which we're going to have to talk mexico. look at that come back immersion, they make the spray for when you have opiate and narcan marc benioff, we need a blow ou number it's possible, but, i mean, you put the pressure on any one company, i know that seems wrong but there we go. what a show we did, even within the confines -- >> you shared a couple of very interesti interesting thoughts this morning, i would assume it will be a reoccurring theme on "squawk on the street. punishing apple and punishing the germans. >> how do you compel the germans, the model 3 is being made in mexico, and the mercedes, beautiful plants, by the way, fantastic plants. >> fantastic >> do you believe that tariffs are now the go-to tool because our diplomatic game is so weak >> no, because the polls go up >> the polls go up we're not seeing that. >> i know. i saw it on t

marijuana, a lot of people will get credit for, but i can show you a line that leads straight back to cypress hill, and snoop dogg. and if it's not what we acknowledge publicly, if that media isn't pushing the line, if they aren't giving us that freedom, if the media treats rappers differently than they do country artists, then you will see a galvan is asian of what the prejudices are that we already see. where if you look like one, two or three, your case may be tried radically different. >> what do you see john, where do you think the city sits in terms of political expression. sometimes these conversations are painted, as if they are a crisis, frustrations about a culture, but someone who looks intimately into the law, where do you think things fit right now. >> i think what we have in front of us is the worst it's ever been. >> as far as threats go, as i say, it's kind of a mess. i think there are two ways in which minority viewpoints are not given appropriate ways. one they are more likely to be viewed as a threat, and then secondly, and relatedly, they are more likely to think, so what

on for israelis i used to about in energy business promoting noble energy, a group in israel and cypressn transcripts you are going to see meetings between myself and stephan hel per, alex australian democrat essentially paying me money to learn more about energy business in israel what american companies were up to how they were competing with british australians companies so i believe, that these transcripts when they are revealed they are going to see a lot of you took about israel, that segment of the mueller report making a lot more sense going to clearly show that anybody who hood opposing view to obama administration was promoting agenda anathema to what they wanted was being targeted it happened to me to flynn to manafort, and i o should never happen to an american. >> when this first told you russia had hillary clinton e-mails there was assumption that you were going back to donald trump to tell him that? >> yeah, so -- >> as to you didnnidn't did not. >> no, my job nothing to do with rumors i was a professional working at hudson institute for years d.c. dealing with serious peo