a child together while he was still married drummond made $47 million last year >> drummond is a former board member of uber he led capital investment into uber and one of the key players when they were having all of their sexual harassment issues >> interesting i think this is anni issue goog faced in the past. 48 employees have been fired in the previous two years over claims of sexual harassment. a developing story >> google not the only big technology stock with trouble today. the other two names, twitter the justice department has charged two former employees for spying for saudi arabia. using the platform and gave that information to saudi officials one of the men charged is an associate to the crown prince. twitter down 2% right now. facebook, california investigating the company over its privacy practice accusing facebook to adequately comply with its request. data from 87 million users may have been improperly shared with cambridge analytica. that stock up .75% on the news two of the faang stocks in focus for all the wrong reasons. it is a busy thursday. when we come back, call

eddie drummond and i, we were assigned to a fighter group in japan.before we departed -- our 201 file had been forwarded to the wing commander. in there was our picture. so, he the wing commander called all the pilots in and said, we have these two negro pilots coming in. they will be assigned to one of the squadrons. the pilots told us that themselves. they said, no way are we going to fly with them. no way. anyway, eddie drummond and i reported to the wing commander. in his office. he said, what you want us to call you? i said, well, i'm a first lieutenant. eddie's a second lieutenant. how about lieutenant harvey and drummond? he said, ok. then he made a mistake. he said, we have three fighter squadrons on the base. two p-51 squadrons and which squadron do you want to go to? i said, f-80. so, they put us both in the f-80 squadron. they did not have any t-33's. but they had an ap-6. that is what we flew in advance. in the backseat there is a hood you can pull up and you can't see out. what they had us do, they had me get in the back seat. up front, w

drummond libby brought his new england glass company to toledo and opened a plant on ash street. it is on the exact same site today. they invented fiberglass, literally. the glass industry was big and important. but as the economy changed, as things evolved, we started building other things, too. about 120 years ago, when automobiles started coming to market, toledoans very quickly started doing that. the john willie company was the largest employer for many years. toledoans created and built the world's first atv. federal when the government was looking for the vehicle that general eisenhower felt he needed to traverse the rocky roads to berlin, the willys company in toledo won that contract, and created something we now know as the jeep. it was the first off-road vehicle ever. it is an important part of our history, and it is still a primary employer. crucial,ring's still but we have diversified into health care and other fields that are more white-collar to protect us from dips in the auto industry. frankly, i think we should market ourselves as the water built. toledo and oth

drummond stayed on as chief of the legal department.counter with a subordinate. he was forced out, but he got $90 million on the way out. there are many other examples of misconduct which resulted in big severance packages. that's what has shareholders and employees angry. it comes on top of the refusal of some google workers to work on pentagon contracts. come on. quit the moral lectures, please. mcdonald's firing of its ceo for a consensual relationship with an employee is also part of all of this. in the case of mcdonald's, the firing i thought was harsh and the severance package was very limited. but there's a bottom line here. call it a sign of the times. but the office romance is over. the pendulum has swung from one side to the other and for the immediate future, the message is clear. no business can allow an executive to have a relationship with another employee. welcome to this oh, so brave new world. >>> the third hour of "varney & company" is about to begin. stuart: all-time high for the markets, that's the dow industrials to

insider, had a relationship with google's top lawyer, david drummond.oogle has been advised by lazard since 2011. they have quietly become google's house bank. taylor: we have learned they recently acquired fitbit. what are some of the deals they have been an advisor on? liana: lazard has stepped into advise google on its most transformative deals. nest a few years ago. it started with motorola, almost a $10 billion deal in 2011. they worked on looker technologies. they have done smaller deals. lazard is on retainer with google so they don't just advise on the largest transactions. they are paid a retainer fee and they will weigh in on anything google is looking at. they did advise google when they looked at twitter. how all of sense of those fees you pointed out stack up into lazard's broader business strategy? liana: according to consultants, lazard has only made about $70 million estimated fees from google. that is not make or break from lazard, but it is this sort of repeat business and investment banking that the boutique has come to rely on. lazar

insider, had a relationship with google's top lawyer, david drummond.hey made the connection and it has been history ever since. google has been advised by lazard on over $22 billion of deals since 2011. they have quietly become google's house bank. taylor: we have learned they recently acquired fitbit. what are some of the deals they have been an advisor on? liana: lazard has stepped into advise google on its most transformative deals. whether it was nest a few years ago. it started with motorola, almost a $10 billion deal in 2011. they have also been on a looker technologies deal earlier this year that we are waiting for approval from d.c. on. they have done smaller deals. lazard is on retainer with google so they don't just advise on the largest transactions. they are paid a retainer fee and , about $200,000 a month, and they will weigh in on anything google is looking at. they did advise google when they looked at twitter. not every deal that they work on comes to fruition. taylor: any sense of how all of those fees you pointed out stack up into laz

according to cnbc, the probe includes behavior of chief legal officer david drummond. it has previously been reported that google reportedly founder andy rubin to leave over a relationship with another employee. netflix is vowing to spend more on programming in the face of increased competition the biggest streaming service expects to spend $15 billion this year, more than any of its rivals. ceo reed hastings said netflix is just getting started. he said the company has been strong in series and now was getting strong in movies. those are the top global tech stories of the day. taylor: disney shares are up in leg trading -- late trading after reporting earnings. keynsiders report -- reporting. porter bibb's tech analyst who has been watching these companies for so many years. numbers, for good sure. >> for sure, but it was the dominance at the box office the prop those numbers up. >> what does that mean moving ahead? >> the theatrical movie industry is not going to last more than wherer 10 years, but disney has positioned itself, it will be the dominant content produce

executives handle claims of sexual harassment and other misconduct, including chief legal officer david drummondboard had formed a committee to consider claims made by shareholders in lawsuits. >>> now to southern california where tomorrow marks one year since the mass shooting. 12 people were killed after a former marine opened fire at the borderline bar and grill. the anniversary will include private events among family members of the victims, followed by a public ceremony. among those attending is the sister of one of the victims. the two worked together at the borderline. >> to look at them is just a victim, you know. they are people and they still are and their memory will live on forever pickets up to us to continue to talk about them. >> the city of thousand oaks has built a permanent memorial to honor the 12 victims. construction began in september. the memorial will be dedicated tomorrow. >>> still to come, a unique pet missing in the south bay. >> you would think it would be pretty obvious to see a giant tortoise running down the slick, but he's pretty slick. >> and a moment, the searc

oz: plus, the pioneer woman, ree drummond, joins the dish crew. big love a cinnamon roll as as my head. dr. oz: but will it really be oz approved? find out, coming up next. ♪ dr. oz: are you ready for season 11? >> yeah! [applause]

according to cnbc, the probe includes the behavior of chief legal officer david drummond.t has previously been reported that google reportedly paid android founder andy rubin $19 million in severance. he left the company over a relationship with another employee. netflix is vowing to spend more on programming in the face of increased competition. the biggest streaming service already expects to spend $15 billion this year, more than any of its rivals. ceo reed hastings said netflix is just getting started. he said the company has been strong in series and now was getting strong in movies. those are the top global tech stories of the day. kathleen? kathleen: thank you so much. disney shares are up in late trading after reporting earnings. key insight of the report says losses of their direct to consumer unit widens. of the in part for calls disney streaming service. let's bring in our mediatech analyst, etc., watcher of these big media companies for so many years. porter, they have good numbers at disney, for sure. guest: very good numbers, but it was the dominance at the b

and we know this particular investigation will include the company's chief legal officer, david drummondthis has been an open secret, people have known he has supposedly allegedly dated employees, that's what they're going to look into, but no doubt the company knows this already >> all right jennifer elias, thanks for joining us. >> all this happening as the journal says google is weighing changes to its stance on political ads. we'll turn to far hod man june and bethany mclane good to see you. cnn has a piece, not looking at changing the overall policy on ads but to targeting how much is this conversation evolving >> i mean, it is shifting quickly in part because of twitter changing the policy last week, there's been outrage over facebook's policy. google slipped under the radar here, even though google is the biggest digital ads company, and a lot of political spending and advertising spending happens at google but google hasn't gotten a lot of attention, this is true of all of the tech scandals google has the biggest, slides by they make a lot of utilities people use and we don't rea

the director of planning drummond buckley says he heard from the property owners attorneys who told him the property owner canceled his short term rental been removed from the air has bnb site it is no longer of rentable space but is this enough to render residents. we talked to before the meeting say no they want serious changes even a ban on air bnb in orinda altogether. >>to be the rules and regulations and i think i feel scared. i feel that. were not a hotel community an air bnb does not belong here endangers all of us. >>now it's important to know that there will be no vote tonight, this is strictly just a discussion and we expected to be quite a long meeting because of how many people have signed up to talk about this will be back at 9 with another update for you for now we're live in orinda michelle kingston kron 4 news show. thank you i large operation is underway right now in the east bay clearing out a homeless encampment, but this isn't about making way for a new building or expensive housing complex it is to try to create a safe place for people to park their arby's for free

now claims include the behavior of chief legal officer david drummond accused of relationships with employeeskesperson didn't immediately return a request for comment but, melissa, this comes after alphabet shareholders sued the board in january for allegedly covering up sexual misconduct from executives back to you. >> are there policies in place i don't know if you know this dedra, are there policies leak in the mcdonald's case that explicitly says that certain people should not have relationships with others? >> well, i think there's been a lot of pressure, particularly after the cofwound err andrew reuben was paid $$90 million after a sbrernl investigation found the sexual assault claims credible this was according to a "new york times" report and it set up a walkout. this is the next piece of it this has been building you can check out more on the story go to cnbc.com jennifer elliott was the one breaking the news. >> dedra bosa in san francisco there is irony it's the chief legal officered accused of misconduct here. >> i think there is two -- there is separate things, the consensual re

hearing that david bloomberg, who is currently westpac -- david lindbergh is in line, along with craig drummonde former premier of new south wales. he was actually in line to take over the top job before it went to ross mcewan. they will be looking internally and externally. as i mentioned, probably a pretty fine-tuned list already. anna: that is the westpac story but this is a broader story, isn't it? that has been building over the last couple of years or so. big changes at the top of a number of australian banks and a number of scandals raising questions about culture and cultural change needed in the australian banking sector. >> absolutely. it raises the question as to how you get back consumer confidence as well. we had that year-long inquiry into misconduct by the big 4 banks. you are still hearing these allegations of potential, very big money laundering schemes. this is 23 million charges that westpac is facing. basically, questions are being asked, has the industry actually learned any lessons? is it being run on this culture of greed and poor behavior? we heard from the chief investm

sexual assault charges were found as credible and reviewing the behavior of chief legal officer david drummond who is accused of having relationships with employees including one who says they had a child together while he was still married drummond made $47 million last year >> google has been holding discussion about changing its political ad policy saying it would ban political ads, facebook said it would keep them google is discussing the plan across all of their platforms. there is facebook and twitter. google could break the dead lock >> and what to do about it >> do you think facebook gets pressured? >> probably. i'm hoping they don't. we differ on this. i'm a big boy. if i see crazy stuff, i usually know it is crazy i'll check to see what date i need to be at the polls. >> unfortunately -- >> i know. the same ones who don't know who pence is >> i know. the issue is maybe about microtargeting the idea that they can show you one ad because they have a view about how you are thinking about something. >> if i gave off any indication of how i feel. >> because you hold that so close to your

things are less say which to us and everybody but after way is it too long, we did get the james drummond 911 survivors bill passed in this millions of dollars the go to support those individuals who it's been so much time down the side of 911 and their families many of these new individuals who are [applause] took is it too long but it got done and particularly resident for this community. looking forward, i want to give you a lot more examples probably because i'm not sure i can but i do want to look forward for you and tell you we are obviously going to go through tough political moment in the next month or two associated with the impeachment process. say about that if you like. i will tell you the looking forward, i say there is a pretty good chance that we can continue get some success in something that is very important to the people in this room which is the spiraling cost of prescription drugs. i don't do a town hall meeting or have a meeting where i don't hear about with the overarching and unbelievable cost of healthcare generally, it is scription drugs is the part of the health

another's craig drummond.ike barrett who was thought to be in the writing to become national australia bank's ceo. and greg ward possibly. if they manage to lure him away from macquarrie group where he's the head of banking services. >> we got the man at the top as you mentioned fell on his sword. does this alleviate enough pressure here on the bank now, what else did he have to do next? of the will be the hope chairman who spent the last few days talking to institutional investors to proxy advisors ahead of what was a real crunch a dm for the bank on december 12. the fear was that a voter backlash against this money laundering scandal could precipitate about against the banks pay reports, the remuneration package for executives. if that happened again this year after happening last year, that could then have precipitated a motion to call for the entire board to step down. the hope within westpac is that andesignation of hartzer, the chair's own announcement that he will step down in 2020, will lead that press

that inquiry includes claims that alphabet's chief legal officer currently david drummond had relationshipson the stock this morning. it's up $4. facebook is under fire once again, this time in california over its privacy practices. the state attorney general suing the company to force it to turn over information in connection with an investigation that began over a year ago. california going public with the lawsuit after facebook refused to comply to subpoenas. facebook says it has cooperated with california's inquiry. shares up half of 1%. scary moments for a police officer in texas, trying to make a traffic stop. watch. >> [ sirens ] lauren: a camaro slamming into the police vehicle. footage shows glass flying through the air. the officer was attempting to stop another car when he was hit. nobody was seriously hurt. miniature horse getting prepare at this of sniel smiles on a san francisco train. he drew a lot of attention. the picture went viral. i like in new york when you're on the subway and you see someone with a christmas tree, you know the christmas tree on the subway. maria: when