eamon javers, thank you as well. "power lunch" will pick up coverage of donald trump's arraignment. let's send it over to tyler mathisen and morgan brennan. >>> we continue to monitor developments in lower manhattan. welcome, everybody, to "power lunch. alongside morgan brennan, i'll tyler mathisen stocks pulling back today after a strong recent run. despite that good start to the year, market pessimism is running sort of high we'll ask legendary investor mario gabelli what he sees ahead for the stock market and the economy. >>> plus former president donald trump about to be arraigned in new york court the proceedings expected to be shortly. while cameras are in the building, the arraignment itself will not be broadcast live here's a live shot outside, though we'll bring you any news as the situation develops either inside or outside of the courthouse. >> as he goes through processing ahead of an appearance ahead of a new york state judge first a check of the markets everything is down right now kristina has a look at today's big movers. >> markets are fixated on the spike in oil pr

eamon, what can you tell us about the latest here?side the courthouse. we just saw donald trump walk in a few moments ago. you see a mix there of federal and local law enforcement. you see courthouse security, nypd of course, u.s. secret service, all working together in that area. a number of different security agencies the former president of the united states we are told will be fingerprinted he will not be handcuffed. there is no expectation that we'll see a mugshot from him but the reason we're going to linger here on this shot for a moment or two, dom, is because we expect there's a possibility that the former president will emerge from that set of doors there and make his way into the courtroom for the anticipated 2:15 p.m. hearing. if he does go through those doors, he will come by the camera we are looking at now that is a network pool camera which means all the different networks around the country have access to it the former president undoubtedly knows that if he has anything to say on this historic day, it's likely he woul

that's eamon in washington, d.c. we had been watching the former president still on his way north up to fdr here on the east side of manhattan as he makes his way to what we think will be a trip down to mar-a-lago where he holds an event in palm beach about 15 minutes to go before the closing bell kristina partsinevelos has a look at the key stocks to watch as we approach the end. >> seririus xm is the biggest lag laggard, down about 3% after the ceo announced he's stepping down to pursue other opportunity thes he will be replaced by senior vp and controller, thomas barry c 3 ai shares are plummeting down about 26% right now after a company -- sorry after short seller did say that this company c3 ai is engaged in accounting malpractice. c3 ai's shares have soared 200% up until april 3rd all the chatgpt and ai hype. the stock is having its worst drop on record they will have that short seller in overtime in less than an hour >> thank you that's kristina partsinevelos. we're now in the "closing bell" market zone. cnbc

eamon? >> hey there, melissa. this was the highest ranking u.s.ian to meet with a leader of taiwan on u.s. soil since 1979 tsai ing-wen side-by-side with house speaker kevin mccarthy at the ronald reagan presidential library in california today. it's an enormously fraught session, because the chinese government says it objects to a high level u.s. political visit with a leader of a country the chinese see as a breakaway state. the taiwanese visit as a result is not an official state visit due to the ambiguous nativure of u.s./taiwanese diplomatic relations, so, this visit is being described as a transit by the president of the united states still, both leaders spoke of a commitment to each other and to democracy. >> the friendship between the people of taiwan and america is a matter of profound importance to the free world. >> we work in a world where democracy is under threat and the urgency of keeping the beacon of freedom shining cannot be understated >> the chinese government says it sees this meeting as a provocation. not clear what they migh

javers with the latest eamon?lissa jes staley filed a blistering response last night to the bank's lawsuit against him, in a filing that dropped just after midnight staley says plenty of people at jpmorgan knew about up seen and filed that motion to dismiss jpmorgan's lawsuit, calling it a shotgun filing in his court papers, staley says awareness of epstein's criminal conduct reached the bank's highest levels, including ceo jamie dimon and the ceo of private banking mary erdoes, who nevertheless advocated to keep epstein as a client. and he says it is not fair to pin the blame on him, because he left the bank in 2013, and jpmorgan allegedly kept up with a relationship with epstein well beyond that year staley argues jpmorgan failed to provide details to back up its allegation that he regular lairly vouched for epstein's character, or that he made m misrepresentations and finally, staley says j jpmorgan is just trying to shift blame to him as it tangles with an uncertain legal situation he writes, what is certain i

our eamon javers is in washington, d.c., today with the latest on the time line. eamon?eporter: no movement yet at trump tower, as you say. by about 2:15, that time line could slip a bit i'm currently looking at six live feeds of midtown manhattan and lower manhattan. he's going to be fingerprinted, booked, he's going to be processed in many ways similar this is the first time a former president has faced criminal charges. we won't get live pictures of that we expect still pictures of that moment but we don't expect that we'll be able to have tv cameras there. one big question whether the president will stop to talk to pool reporters inside the courthouse i can tell you he does like to stop and talk to reporters, so i would imagine that's a possibility today as well. all of it's going to wrap up in a couple of minutes in the court hearing. then we expect to seep the fore president have a rally with supporters back down in florida close to mar-a-lago where we expect him to bed down for the night. a big day ahead for the former president of the united states >> and we will

eamon? >> melissa, that's right the u.s.e filed new allegations over jpmorgan's relationship with disgraced and now deceased sex offender jeffrey epstein in this new document that was filed just a short time ago, in the ongoing court case, there are large new allegations, chunks of allegations that are redacted so, we don't know exactly what a lot of this new information in this case, but seems clear that a lot of it is coming from mary erdos, the head of the wealth management division at jpmorgan, who gave a deposition in this case recently. they cite her by name in this document but huge chunks of this is redacted, just blacked out you can't see what the allegations are at all but however, a couple of new details visible here, they are saying in this case that jeffrey epstein's contact was well-known inside jpmorgan, at the time that jpmorgan had its banking relationship with epstein. they say his behavior was so widely known that senior executives joked about epstein's interest in young girls. another detail here that app

hello, eamon >> hello, joe. quite a scene in new york yesterday. overhead, demonstrators in the streets, and this intense security surrounding the courtroom. former president donald trump was indicted yesterday he was charged with 34 felony counts of falsifying business records relating to payments to porn star stormy daniels and others dating as far back as the 2016 presidential campaign it was the first time in american history that a former president has seen the inside of a courtroom as a defendant and it came at a time he's the front-runner for the republican presidential nomination. now, court documents laid out the tawdry details of an episode from the 2016 campaign in which then trump attorney michael cohen said about paying hush money to three people who had embarrassing stories to tell about donald trump, including the former porn star stormy daniels. the manhattan d.a. said trump falsified records related to those payments, falsely claiming that they were legal retainer payments to cohen in order to obscure their true purpose as payoff p

a developing story and last-minute settlement between fox news and the dominion voting system our eamons in the courthouse amid the rapid developments and he joins us now with more. take us inside on what may be the shortest trial on record. >> that's a good way to put it in the end it was clear fox didn't want to go to trial in wilmington, delaware it wasn't until the judge gave the first instructions that the deal which was worth more than $787 million could be done as a result of that, rupert murdoch will not have to testify about his tv journalists' conduct. i could see one of the co-founders that owned dominion voting systems break into a huge smile as he talked to the dominion legal team moments before the deal was announced publicly fox left the courthouse after the deal in silence, declining to answer questions from reporters, but the company did issue a statement saying this. we acknowledge the court's rulings findingcertain claims about dominion claiming to be false. this settlement reflects fox's continued commitment to the highest journalistic standards by contrast, dominion

eamon javers has more. eamon, good morning. >> reporter: good morning, becky.s after 8:00 p.m. that we got the word that the trial set to begin today would be postponed by a day the judge gave no reason for the switch when it does begin, the legacy and business empire of the most powerful media mogul of our time is on the line in the delaware courthouse dominion voting system is calling for false claims of the machines that aired on fox news after the 2020 election. fox calls this a political crusade in the financial windfall and first amendments rights of the free press is at stake here analysts on wall street are watching the trial and bank of america analysts cut shares of fox to neutral and slashed price target to $34. they say this is a risk to fox in the near term for every $500 million of damages fox is required to pay would equal $1 per share in damage to the stock price. there are tough developments for fox before the trial begins. on wednesday, the judge sanctioned fox for withholding audio repcordings lawyers for fox apologized for failing to define

we have eamon javers with more on that. good morning >> reporter: becky, good morning. we have never seen anything like this before. former president left his mar-a-lago mancsion and boarded his plane and landed in new york city where he faces a much less welcoming scenario today some details are still fluid hours before the event we do expect trump to depart trump tower this morning and motorcade for arraignment where he will be booked and fingerprinted and proceed to his hearing. it is not clear what images of all of this will be made public. media requested cameras to capture as much of the historic event as possible. perhaps the most important event unsealing of the indictment. it is not until that moment that the country will learn what the former president has been charged with and evidence consists of. we expect trump to make his way back to florida this evening and make a speech when he returns. president biden, for the most part, has remained silent about the predecessor's trouble. he said he is not worried about the unrest because he has faith in the new york

closely, and the outcome come wednesday thanks very, much always a pleasure stick around, a lot more eamonarter. now ports can know where every piece of cargo is. and where it's going. (dock worker) right on time. (vo) robots can predict breakdowns and order their own replacement parts. (foreman) nice work. (vo) and retailers can get ahead of the fashion trend of the day with a new line tomorrow. with a verizon private 5g network, you can get more agility and security. giving you more control of your business. we call this enterprise intelligence. from the network america relies on. charmin ultra soft has so much cushiony softness, it's hard for your family to remember they can use less. sweet pillows of softness! this is soft! holy charmin! oh! excuse me! roll it back, everybody! - sorry! - sorry! - sorry! charmin ultra soft is now even softer, so you'll want more! but it's so absorbent, you can use less. so it's always worth it. now, what did we learned about using less? you've got to, roll it back everybody! enjoy the go with charmin. ♪ i wanna hold you forever ♪ hey little bear bear. ♪

there are a lot of them in wilm wilmington this is his hometown >> eamon, thank you. >>> when we comehairman gary gensler on capitol hill we will have a preview of the hearing with patrick mchenry. >>> and don't miss the interview with johnson & johnson cfo joseph wolk. >>> as we head to break, let's look at yesterday's s&p 500 winners and losers >> announcer: executive edge is sponsored by at&t business at&t 5g is fast, reliable and secure oh, i can tell business is going through the “woof”. but seriously we need a reliable way to help keep everyone connected from wherever we go. well at at&t we'll help you find the right wireless plan for you. so, you can stay connected to all your drivers and stores on america's most reliable 5g network. that sounds just paw-fect. terrier-iffic i labra-dore you round of a-paws at&t 5g is fast, reliable and secure for your business. ♪ ♪ do the work, before the work. bodyarmor lyte. more than a sports drink. >>> good morning wellcome back to "squawk box" here look at futures. the dow futures are up by 103 points the s&p futures up 16. nasdaq up 87. >

, the dominion team here, dom, is not done yet back over to you >> all right, thank you very much, eamon javers for that. >>> coming up, more afterhours action coming your way shares of united airlines and western alliance on the move after reporting results. the details from those quarters coming up next. >>> plus, the seemingly unstoppable stock. that's the mystery chart you're looking at looking at the name hitting its sixth straight record high today. how much longer can this run last we'll get answers when "fast money" returns after this break. dad, we got this. we got this. we got this. we got this. we got this. yay! we got this. we got this! life is for living. we got this! let's partner for all of it. edward jones >>> welcome back to "fast money. earnings alert now on united airlines that stock is gaining altitude after reporting a smaller than expected loss in the first quarter. i'm sorry, guys. the airline issuing upbeat outlook for the current quarter as it sees an uptick in international travel demands so, let's get to phil lebeau with the numbers there >> dom, we've got thre

i'm eamon campbelland i'm here at great 0rmond street hospital as my daughter is today having her infusionhave to come every four weeks for it, but every time i have it, i get more and more used to it. two years ago, we started noticing that she was having difficulty walking even from the car park to school, then she was diagnosed with a rare autoimmune condition. from there, we realised she needed blood plasma. a year down the line of having these treatments, these infusions from the blood plasma, she is now like a normal eight—year—old. it feels really nice that sometimes some little boys or girls can get help by my dad or some other people when they give plasma. you're live with bbc news. ukraine's president volodymyr zelensky says he had an hour—long call with chinese president xijinping, the first between the two since russia's invasion. china says it maintains a neutral stance, and president xi has so far refused to condemn moscow's invasion. in february beijing offered a 12—point paper calling for a political settlement to the crisis. here's our kyiv correspondent james waterhouse t

eamon javers joins us with more details on that. >> good morning again.ff staley firing a blistering response dropping after midnight jpmorgan alleges that any blame for the bank with convicted sex trafficker jeffrey epstein lies with staley, who had a close relationship with epstein, but staley says that's just wrong and plenty of people knew about epstein. staley filed a motion to dismiss jpmorgan's suit calling it a sloppily written shotgun filing. in his court papers, staley says this, awareness of epstein's criminal conduct reached the bank's highest levels, including ceo jamie dimon and the ceo of private banking, marmarierdoes o nevertheless advocated to keep him as a client. now, staley argues jpmorgan failed to provide details to back up its allegation that he regularly vouched for epstein's character, or made misrepresentations when protecting epstein from scrutiny inside the bank. and finally, staley says that jpmorgan is just trying to shift blame to him as it tangles with an uncertain legal situation but he writes, what is sthcerta is that th

we have have eamon javers with . >> reporter: the documents reveal new testimony from the head of thebank asset management department. she said jpmorgan chase was aware by 2006 that jeffrey epstein was accused of paying cash to have underage girls and young women brought to his home. concerns were raised in 2006 and jeffrey epstein was convicted in 2008 jpmorgan chase continued the relationship as a client with him until 2013 the filing reveal that jpmorgan chase compliance staff brought up concerns. in 2010, one official said epstein quote should go. in 2011, other staffers discussed news articles with epstein compared with trafficking of human girls that was the suit which alleged the bank obstructed the trafficking victims protection act. epstein's large withdrawals drew the attention in 2006 of officials who routinely withdrew $40,000 to $80,000 in cash the money was for fuel and landing fees for planes and during years when jeffrey epstein was under house arrest according to the suit. jpmorgan chase declined to comment on the filings jpmorgan chase's ceo jamie dimon was interview

our eamon javers is outside the courtroom. >> reporter: good morning, carl.s is day one of what we expect to be a five or six democratic week trial that will shape rupert murdock whose media empire has been badly damaged by revelations in this case so far and faces the prospect of paying more than a billion in dlajs if this case goes wrong after a one-day delay we're set to get under way at 9:00 a.m. on the seventh floor of this court in delaware. the judge said it's crystal clear that none of the 20 disputed statements on fox were true the fox legal team has been forced to apologize for failing to provide accurate information about rupert murdock's exact role at fox, an apology the judge said last night that he will accept and considers the matter closed. fox shares were up a bit yesterday as investors may have been heartened by the idea swirling around out there that there might be a deal to avoid a lengthy trial. it looks like that didn't happen so far the case has revealed damaging internal fox emails and communications that appear to reveal how murdock w

here's what's— on gb news with eamon and isabel today. 3 g on gb news with eamon and isabel today. t:

andrew. >> fascinating, eamon. if money were to come back, how long would it take what are we talking about here >> we're talking months. the scale of this is enormous. trying to figure out where all of this money pis and when you are talking about cold storage devices in closets or anywhere in the world the accounting for all that is an epic problem. that's first the second issue is figuring out where it all went. you saw sam pleading not guilty to the separate criminal process. he faces an additional indictment there is more to this story than just the accounting. the criminal side as well. that makes it very complicated >> eamon javers, thank you >>> coming up, a so-called super app owned by uber is launching a spinoff, but backing from the uae investor >>> coming up, we get ready for big bank earnings. t the beginning of the earnings season the biggest drop off we have seen since the pandemic. since that quarter all happening this wk.ee "squawk box" will be right back. i am here because they revolutionized immu

eamon, were you going to talk some more? i think in our conversations earlier, you could feel this sort of come out i could have guessed, maybe, i think 8 would be a good number they said down to 1 and dominion said, no way, 1.6. we knew there was something going on behind the scenes that was likely -- it wasn't a big surprise when it happened yesterday. >> once you saw that one-day delay in the trial that is correct was the tail, right? then you saw the 3-hour lunch. i saw the lunch options in here. they're not that great no one's going to spend three hours eating lunch in the courthouse you could tell something was brewing. what you just heard from hootan, as of friday, the judge was pushing them to get to a settlement the judge was pushing for a se sett settlement, too, and had an interest. >> the reason they would want a settlement would be the risk of overturning, not make that case law? i mean i guess judges would all prefer you work things out yourself >> i think so, if they can avoid the expense of a trial and they c

i'm eamon campbelland i'm here at great 0rmond street hospital as my daughter is today having her infusioncome every four weeks for it, but every time i have it, i get more and more used to it. two years ago, we started noticing that she was having difficulty walking even from the car park to school, then she was diagnosed with a rare autoimmune condition. from there, we realised she needed blood plasma. a year down the line of having these treatments, these infusions from the blood plasma, she is now like a normal eight—year—old. it feels really nice that sometimes some little boys or girls can get help by my dad or some other people when they give plasma. you're live with bbc news. time for a look at the business news now with ben — and one of the largest takeovers in video gaming history has been blocked ? yes, and a deal that has not gone through. let me explain. thanks very much, yes, an interesting story. the competition regulator in britain has blocked a $69 billion bid by microsoft to buy the computer games company activision blizzard, the regulator said the merger would strengthen

this is breakfast on gb news with eamon and isabel today. — on gb news with eamon and isabel today.ith eamon and isabel today. here's what's— on gb news with eamon and isabel today. : g on gb news with eamon and isabel today. g today. here's what's leading the news this morning. the former shadow home secretary, diane abbott, has apologised for any anguish caused after suggesting jewish people do not face racism. the labour party have condemned ms abbott's comments , condemned ms abbott's comments, saying deeply saying they were deeply offensive and wrong. the government's plan to deport illegal migrants to rwanda will face its biggest hurdle so far today. the face its biggest hurdle so far today . the court of appeal will today. the court of appeal will begin— today. the court of appeal will begin its— today. the court of appeal will begin its first— today. the court of appeal will begin its first day— today. the court of appeal will begin its first day of— : the court of appeal will begin its first day of legal arguments— begin its first day of legal arguments against the policy t

joining me now from outside the courthouse in wilmington delaware is eamon javers also with me is brian chung and "washington post" senior political reporter, aaron blake. javers, excuse me. talk to me about what's happening now. no word on this delay. >> it's a little bit mysterious here the judge read the jury about their responsibilities the jury was impanelled. they had 12 jurors, 12 alternates then sent them out to lunch and told them they were going to be gone for an hour and they've been gone for three hours and we have no idea where they went or why there's been such a lengthy delay we are on pins and needles to find out what's going on is this a technical snafu? also a development that the judge has appointed a special master now to look into the fox news legal team to find out if they followed up on all their obligations in terms of discovery. the judge suspects maybe they didn't now this special master will take a look at that. the kfox news team has apologizd to the judge last night he issued a statement saying he accepts their apology but i guess not so much that he would a

catch us on msnbc saturdays at a, sundays at nine, and follow us on twitter tiktok, and instagram at eamon msnbc. until we meet again, have good nhtig >> aapi women, raw and honest, how we got, here and how we're heading. >> it was manufactured t divide our communities >> how many of you - i want to make everybody proud but we don't take a lot of tim to make ourselves proud. >> and to see you, how are you >> are you comfortable carryin the burden >> absolutely i am quintessential places in the american experiments as the saying goes, everything is better in texas, includin the aapi community one of the biggest in th country, and its diversity i something to behold. >> i grew up in another gulf state, florida >> my korean american family throughout my journey, i'v been a lawyer, illegal analyst and now an anchor on msnbc >> this is the katie phang show. >> for my dinner with seve incredible aapi women, i wante to honor those cultures. i went in search of two chef to collaborate on on spectacular meal >> i'm a chef here in houston. born and raised in burma als known as myanmar i'm a trained

. >> appreciate that eamon javers an update with pippa stevens. >> your news update at this hour policeing that five people were killed by a shooter in downtown louisville and six have been transported to the hospital police also say the shooter is dead the police consider an active scene, but there is no threat to the public >>> meanwhile, government authorities are investigating a pentagon leak involving dozens of classified times more than 50 documents on the war in ukraine were posted online and many of them were labeled as top secret. the pentagon's deputy press secretary leased a statement saying that defense department is reviewing and assessing the validity of the photographed documents. >>> during an interview this morning with al roker at the annual white house easter egg roll, president biden commented on his potential plans to run for re-election in 2024. >> help a brother out may some news for me. >> no, no, no. i plan on running, al, but we're not prepared to announce it yet. >> well, that's what we get for now. sara, back to you. >> that sounded like an accidental announc

can ijust ask i mean, eamon's talked about how the royals have a sense humour. a great sense of humourough there— been eroded by inflation. although there have- been eroded by inflation. although there have been pay rises since then, the pay rises haven't kept , haven't kept pace haven't kept, haven't kept pace with the cost of living increases since then. and they've point . however, they've got a point. however, what people like myself and probably you, isabel, listening to what you said this morning, would is even though would argue, is that even though pay would argue, is that even though pay down for teachers, pay has come down for teachers, the strikes are not necessarily pay has come down for teachers, the bestas are not necessarily pay has come down for teachers, the best way'e not necessarily pay has come down for teachers, the best way to lot necessarily pay has come down for teachers, the best way to resolve ssarily pay has come down for teachers, the best way to resolve that ly the best way to resolve that issue. as you said , these are issue. as you said, these are the fir