schmidt google's eric stepping down from the role, ending a 17 senior leadership role. e a technical advisor but continue to serve on the board. page said he was offering business expertise and a clear vision of the future of tech. the u.s. has condemned united nations criticism of jerusalem, saying it puts future funding and supported risk. the nonbinding resolution passed 128-9, with some nations abstaining. key allies all supported the motion. shessador nikki haley said would remember the day when the united states was singled out for attack. the un security council is considering new u.s.-drafted sanctions on north korea to target 90% of oil tart -- products and crude imports. capping them to 4 billion barrels a year. the resolution would need support from china, which holds a veto on the security council, and is north korea's biggest trading partner. theratist parties have won election, catalonia with a resounding defeat to mariano rajoy. 7 they took0 seats. 's party exceeded expectations. nike has reported second-quarter results that beat estimates. earnings-per-sh

they said, we have to get rid of -- and hire eric schmidt.e has been moving away from the executive role at google for a long time with the move from ceo to whom a we broke this story. emily: i remember when that happened. it was 2011. cory: when we first started the show. emily: page came in as ceo and in 2015 he restructured and turned the company into alphabet. cory: he has had a remarkable career at silicon valley. he has also been very involved in the silicon valley. he has also been involved in philanthropy. i would not expect that to stop either. emily: cory johnson thank you , for giving us the more context. -- didi has raised chuxing has raised $50 billion. cash reserves at $12 billion. some of the money raised goes toward autonomous car's and electric car charging networks. facing -- coming up, facebook care is about getting influential people on this platform. now the company's practice of working with politicians, some use it to silence opponents is under scrutiny. we will explain. this is bloomberg. ♪ emily: facebook's influence

we have to get rid of the kinds of places we read in the past and higher eric schmidt.his guy a so plug-in and understands technology. it means there are a lot of opportunities available to him. he has been moving away from the executive role at google for a long time with the move from ceo to -- >> i remember when that happened. it was 2011. page came in as ceo and in 2015 he restructured and turned the company into a bet. corey: he has had a remarkable career at silicon valley. he has also been very involved in philanthropy. i would not expect that to stop either. emily: thank you for giving us the more context. sing has raised $50 billion. cash reserves at $12 billion. raised goesmoney toward autonomous car's and electric car charging networks. coming up, facebook there's a lot about getting influential people on this platform. now the company's practice of working with politicians, some use it to silence opponents is under scrutiny. next. this is bloomberg. ♪ emily: facebook's influence in elections worldwide continues to be under scrutiny. it is a politically agnos

former google ceo, eric schmidt is stepping down from alphabet. larry page recruited schmidt to run the young company in 2001 as an adult in the room. he served in that post until 2011 when page took over and has been a public speaker for the company many years. >> papa johns founder is stepping down as ceo. snyder made controversial comments saying kneeling for the national anthem was hurting sales. back to you. >> thank you, landon. 6:17 right now. it's a really big weekend at the box office. dwayne johnson, kevin hart and jack black star in "jumanji." welcome to the jungle. they only have three lives to get out before it becomes

chairman eric schmidt is stepping down. what will his departure mean?losing a battle in the e.u. plus, bitcoin selling off as much as 30% today. why some analysts are saying the time to sell is now. we are one hour from the close of trading. let's get a check on markets. we have been seeing kind of sideways movement. emma: that's exactly right. this is the last day of trading before the christmas holiday, so perhaps we should not read too much into it. certainly, if we look at volumes, perhaps something up to worry too much about. if we look at major averages on a one-week basis, we see everything turned to green. the s&p and dow up on the longest streaks for both in two months. this week, the tax bill passed in washington, something markets have been looking forward to almost since president trump was elected and obviously since he was inaugurated back at the beginning of the year. let's look at some of the movers on the week. one of the sectors expected to gain from the tax bill is energy. we see chevron and schlumberger are both up on the week, the b

emily: eric schmidt is stepping down as executive chairman of alphabet.g a technical advisor. this is the end of a 17 year career. what is the story? why did this happen? >> there is the obvious thing, which is the alphabet organization -- alphabet reorganization two years ago. reasonsy be some other to do with his life outside of google and his work. in the politics arena he was close to the democratic organization. he also had a run-in with and antitrust research organization and that caused a bit of a scandal. there are things past year that may have precipitated this. emily: a lot of people are asking? is there more to this story brad: it's true there has been an inordinate amount of attention on people pop a personal lives and behavior in the work ways. it is a fact that eric schmidt has been separated from his wife for many years. they have an open relationship. he has girlfriends and has brought them to company had been -- company events. perhaps it is just safer to have them not be in that front man role. emily: meanwhile, companies like google se

google saying it eric schmidt is stepping down, ending a 17 year senior leadership role. nd continue to serve on the board. larry page saluted his career, and clear vision of the future of tech. to the currency markets. the euro having a tough time, falling the most in two weeks after the catalans maintained their independence. the german foreign ministry warned about the possibility of a minority government in his country. our guest is still with us. let's start off with catalonia. goneems the problem had away. but it is not clear. did we get more of the same -- it is not clear. now --: catalonia is even though it has caused a big majority of separatist to the table, they have 40% of the vote. there are quite a lot of people within catalonia who are not in favor of separation. there will be an awful lot of trading that needs to go on. rishaad: what does this mean for spain and how do they sort this out? richard: it is intractable. it will carry on. in terms of what is likely to happen, the new administration is probably going to be engaged in trying to get back self-gover

emily: eric schmidt is stepping down as executive chairman of alphabet.g a technical advisor. this after a 17-year-long career at the company. what is the story? why do you think this has happened? >> the obvious thing, which is this alphabet reorganization two years ago, which he helped a lot with. is not so important anymore. that is the official reason. there may be some other reasons to do with his life outside of google and his work. in the politics arena, he was close to the democratic organization. he also had a run-in with and antitrust research organization pretty recently as well and that caused a bit of a scandal. there are certain things in the past year that may have precipitated this. emily: in this climate, a lot of people are asking is there more to the story? brad: it's true there has been an inordinate amount of attention on people's personal lives and their behavior in the workplace. it is a fact that eric schmidt has been separated from his wife for many years. they have an open relationship. he has entered into relationships and broug

we talk with eric schmidt scare here at the historic national park. the new york times magazine says the battle of saratoga was the most important battle ever fought in the last 1000 years because they resulted in a general surrender. it was the first time in history that a british army surrendered. we are located at one of the parks at saratoga national where the battles were fought in 1777 during the american warfarin dependence. saratoga historic national park consists of 4100 acres. 1940 eightblished in as a park within the national park service system. army had a plan in order to defeat the american rebellion. it was they would have an army leave canada and move south and capture the city of albany. from there that army would be able to operate either in lower throughout england and attack american forces that were fighting against them. canadatish set off from in june of 1777. of mileseled hundreds and eventually got here to saratoga battlefield, located 30 miles north of the city of albany. british army7, the moved south in expectation of engag

eric schmidt stepping down as executive chairman of alphabet. he's been at google since 2001 and he saw a surge from just a company. >> lea, merry christmas. 17 year alphabet that eric schmidt stepping down from his position as executive chairman of the company. he was brought in a few years after google was started to guide that then company and its twentysomething founders. they are all grown up now, so the company. they amass at least a billion users whether it's maps, gmail, androids, youtube, you name it. eric schmidt will now transition to his new role as technical advisor. that happens next month. he does stay on the company's board of directors. this is the statement he released. >> we all believe that the time is right and alphabets evolution for this transition. the alphabet structure is working well and google and the other are thriving. he is going to focus on his charity work. his departure seems sudden too many. "the new york post" is reporting that he is looking to develop artificial intelligence for defense, and his retreat read

eric schmidt steps down as executive chairman. more on that, next.erg. ♪ abigail: after 17 years of service, eric schmidt will step down as executive chairman at google. he will stay as a technical advisor and director of what. -- of alphabet. he says the reason to step down this to spend more time on philanthropy. that is a big theme for some of the world's wealthiest individuals. bezos,tingly, jeff around $100 million, surpassing warren buffett and bill gates, but he is not given money at. david: in fairness, a lot of people question, when does it go to silicon valley?there has been speculation it will come. look at what happened to bill gates. he did not give away right away. abigail: it takes time. david: how long does it take? abigail: bill gates and warren buffett, based on a bloomberg news article i read one month ago, said both of those individuals would eat much wealthier than jeff bezos. that is how much money they have given away. what will jeff bezos do with his wealth? david: and they continue to give away. it is impressive. you have to

yes, he is name is eric schmidt.was walking around with staff badge on, that's how entwine -- >> all silicon valley was campaigning for hillary. dagen: she didn't win, obviously, and now the silicon valley companies i think -- they are reassessing. >> he was a liability. he's exhibit a, in cross hairs more than anything else. >> schmidt was in those positions where you help transition out of it. >> we will see what happens to other companies. nothing would surprise me. in terms of alphabet, great leadership, cfo from morgan stanley, she's done a great job, diane green. it was time for this to happen. good news. >> they are doing an amazing job. >> it certainly because timing wise but because of the environment, everybody is asking question about every executive that's stepping down. the question is did he do anything wrong or live a crazy lifestyle. dagen: in recent years he was ambassador, quite frankly. that's the word that the journal uses to describe. >> high-level job, right, he traveled for company, he wasn't i

eric schmidt is stepping down as executive chairman. >> all that. >> oprah has a warning about social media, a scam targeting her many fans. >> and all that matters. >> i'm heading over right now to walter reed military medical center to say hello to some of the bravest people anywhere in the world. >> president trump awarded a purple heart to a 25-year-old lieutenant injured in afghanistan. >> on cbs this morning. >> legendary broadcaster dick enberg has died. >> remarkable career in sports broadcasting. >> you name it, enberg covered it. who can forget his catchphrase "oh my." >> onward and upward and i guess that would be the obvious what i should say now, oh, the heck with it, i'm going to say it any way -- oh, my! >> this morning's eye opener is presented by toyota, let's go places. >>> welcome to cbs this morning. i'm norah o'donnell with gayle king and anthony mason. we are thinking of dick enberg -- >> we sure are. >> so many super bowls and wi wimbledons. >> terrific career. >>> a record number of americans are traveling this holiday weekend. and winter storms could cause maj

happy holidays to you. >> thank you >>> alphabet executive chairman eric schmidt is stepping down. ndon dowdy has that story. >> good morning. schmidt is leaving his role as executive chairman but will continue to serve on alphabet's board. he will be transitioning to a technical adviser role schmidt first joined google back in 2001 as a ceo in a statement, schmidt said the timing is right, and that he plans to spend more time on science and technology issues as well as philanthropy in his new role he will work on the spinoffs shares are unchanged in early trading. back over to you >>> in other corporate news, a corporate shake up papa john's founder, john schnatter, you know him, he's in the commercials, is stepping down january 1st the move comes two months after schnatter made controversial comments saying that the protests by nfl players were hurting his company's sales. papa john's is a major advertiser during nfl games, and schnatter is the public face in those ads. he will stay on with the company as chairman but not ceo. shares up by 0.1%. >> it was interesting, earlier this

some business news for you now alphabet the parent company of google says eric schmidt is to step down as its chairman in january schmidt will remain on the board of advisors as a technical consultant he says he wants to focus on specific science and technology issues within the company as well as on his philanthropy that has been the face of google's business side since his return recruitment the chief executive of the search engine pioneer back in two thousand and one aspiring google founders larry page and sergey brin turn to the former software engineer due to his business background. here in germany pilots have gone on strike it on and run after the first time in the company's thirty two year history ryanair carries more passengers than any other airline in europe so the warning strike could have been highly destructive it had however a limited effect with a budget carrier still able to operate most of its flights as planned or with short delays pilots' demands for better wages and working conditions have gone on heard so far and could lead to further strikes employees distrust wa

there is less need to have eric schmidt there.s, he has ambassadorort of role. there may be a sense that with is a now in power, that liability for google. francine: the last couple of years, he had a pivotal role in dealing with regulators. jeremy: he will be membered as the guy who provided adult supervision for this company in a key stage of growth. behemoth inglobal all these different areas, as i think he will be membered for providing a steady pair of hands. tom: he provided stability, but everyone is replaceable. who replaces him? jeremy: they said they will name a nonexecutive chairman, but we do not know who that will be. you do have younger leaders -- you haslinda pichai, diane greene -- you have sundar pichai, diane greene, and ruth porat -- a group of younger leaders of the company. tom: yeah, ruth porat would be interesting. francine: thank you, jeremy kahn. stephen gallo and kallum pickering stay with us. we will discuss the flattening yield curve. and remember to read the latest issue of "bloomberg businessweek." th

eric schmidt is leaving his executive job of parent company fail bet next month. vladimir duthiers of cbsn looks at what the shakeup could mean for google. good morning. >> good morning. eric schmidt will continue to serve on the board of directors and serve as an adviser. the company hasn't said why it's happening but in a statement he said he plans to expand his work on science and technology issues and increase his philanthropy. his company expanded to more than 70,000 employees. he sat at the white house roundtable in june and had he was also involved in hillary clinton's campaign and offered her legal advice in 2014. schmitt has been criticized for his use and views on data. back in 2005 he said if you have something you don't want anybody to north korea maybe you shouldn't be doing it in the first place. >> vlad, thanks. >>> overnight we learned that dick enberg has died. his 60-year career could be summed up with his simple catch phrase. >> oh, the heck with it. i'm going to say it anyway. oh, my. >> it's all over. it's all over. muhammad ali. >> oh, my. >>

eric schmidt said what he worries about as the ceo of google when he was, was the fact that the competitiona click away the ability to set up a website with disney's persona, you just saw the review of "star wars 8." there's going to be "star wars 9," ten, 11, and 12. these are must-have if disney continues to be a great storyteller. now i'm not taking anything away from netflix i think netflix is a fabulous company. i think they are both going to do really well i think the road kill is in another direction. >> morris, i mean, hulu loses money, who knows what amazon video loses or makes and now you're telling us to lower our expectations on buybacks it sounds like investors in disney should be willing to tolerate some pain, at least on costs, on margin, something? >> i don't think so, carl. remember, disney is a very profitable company and the old businesses are not going away. and to be very fair to netflix, netflix generates tons, if it wasn't, it couldn't be selling the debt it's selling to finance the content creation that's helping build the value of netflix. i think they are really sm

eric schmidt will give up his position. that is the parent company. he will remain on board and serve as a technical advisor. he has been at google since 2001. no reason was given for the change. >>> iphone users are accusing apple of slowing down the phones to pressure people to buy newer models. the company has a different explanation for the change in performance but lori perez says a new lawsuit argues it amounts to fraud. >> reporter: it might seem too simplistic because they are suing apple because it runs slow but in a nutshell he is suing because his client iphones ran slow and because they did it on purpose and didn't tell consumers. >> we spent $1000 on an iphone because you think it will work and it will make your life better, it will streamline everything. when it doesn't do that, there is a betrayal there. >> some have's expected it is designing phones to slow down so they buy new ones. this week they admitted to's -- to slowing down the batteries. jones client do not buy it. >> everyone can put two and two together.>> reporter: it irrita

eric schmidt said google and facebook would not have started if they had to ask permission to do this. it is a per missionless sphere, that's good and bad, but generally good. >> but the beauty has lowered barriers of entry, which has made it a playground for extraordinary entrepreneurship. >> exactly. >> what will this do to the startups of the future? >> that's the worst fear that i have, stephanie. if you're a little startup -- >> sergei, larry and mark zuckerberg would not have been able to start the extraordinary companies they have today had this been in place. >> which makes america a leader and america a leader still in the internet. so the entrepreneurs that i teach at my school, they're not going to have any hope of being able to afford to pay the fees needed to comcast, to verizon, to at&t, to these companies if they demand that. at the same time, you have companies like netflix that can afford to pay and will pay probably to get to us and then there's another issue that the tele cos will make look good. they'll favor some content, they'll make some content free. oh, that v

eric schmidt is stepping down as the chairman of google's parent company, alphabet.ir young company in 2001. he served until 2011. he's spoke for the company for many years. >>> the clock is ticking. it's christmas eve. you still need to find a gift? no sweat. they are pushing to the limit. kohl's is staying open around the clock until christmas eve. toys are kicking off a 63-hour shopping spree and will stay open. tomorrow is expected to be one of the biggest shopping days of the year with 126 million consumers expected to hit the stores. back to you. >> landon, i'm debating if i should go out there. thanks, landon. >>> warriors are hosting the warriors. the tickets are the hottest around. be careful where you get those tickets. the team says on tuesday night, seven people were turned away because they had fake tickets. they started 300 fans purchased fake tickets and were not let inside. the best way to make sure the tickets are legit is buy them directly from the team. >>> at 12:41, coming up next on "today in the bay," one of the coldest starts of the morning in

. >>> meantime eric schmidt will leave his post as executive chairman of google's parent company alphabetver in 2001 to help turn the startup into the global technology giant it is tore. he will serve on the board of directors and as an adviser for the kpaup. >>> here on wall street the stocks closed higher. the dow rose 55 points, the s&p 500 tacked on 5 points. the nasdaq added 4 points. >>> ford's ceo is apologizing for sexual harassment at its assembly plant in chicago. in an open letter jim hakken wrote, quote, i am sorry for any discrimination and misconduct. ford has settled two lawsuits, one this year and once in 1999 with women who were harassed at the plant. >>> boeing is talking to brazilian jet maker embree air about a potential combination. it would give boeing a bigger footprint. its rival promised to buy from bombardier. they would have to sign off of the deal. >>> and a face-off. mcdonald's added a $1, $2, $3 menu. taco bell added dollar items. it plans to add 20 new items and jack in the box is launching a new value menu on january 1st. >> hopefully it involves more healt

news here on alphabet which is just now announcing that as of its next regular board meeting, eric schmidt will be transitioning he'll be stepping down from his position as alphabet's executive chairman, instead becoming what is described here as a technical adviser to the company importantly, he will continue to serve on the board schmidt saying here in a statement, melissa, "in recent years i've been spending a lot of time my time on science and technology issues and philanthropy and i plan to expand that work." of course back in 2001, google's founders brought in schmidt to help scale the business, a company that now does more than $75 billion a year in annual revenue. schmidt himself worth an estimated $14 billion. i'm told this transition has been talked about for about a year it will be interesting to see who now steps into schmidt's role as executive chairman of course there are a number of potential candidates you would think one could be john hennessey who has been a member of alphabet's board since 2004 again, the news here, eric schmidt stepping down as alphabet's executive chai

ibly20 exactly why did eric schmidt step down from alphabet?racy is digging into the details. >> this is a shocker from silicon valley eric schmidt stepping down as executive chairman. he was brought back in adult supervision, a few years after google was started to guide the up and coming company and twentysomething founders, raised some questions along with the fact that alphabet waited three days to disclose schmidt told them he was stepping down according to a filing but news outlets have been recently investigating schmidt's, not found anything out and there is no word on the reason for schmidt's departure but he released this statement, he said, quote, we all believe the time is right enough of that's evolution for this transition. the alphabet structure is working well and they are authorizing this. the company's board of directors. neil: thank you very much, the president making news on his tax but finding that bill today. a curious conversation he had with the number of ceos and bigwigs including the owner of the patriots. >> a friend

what i do highlight is how people like eric schmidt of google have funded anti- fracking campaigns.thereby waging war in the hydrocarbon economy that america depends opponent thrives on. really you would have an economic civil war within capitalism. >> please introduce yourself. >> i have a richer book. >> please introduce yourself your name. >> i haven't read your book but from what you said over here, i'm close to 80 years old its first time in my life that somebody had put some related issues together to reject whether scientific it were really not matter. the question is global warming happening or not? if it's not happening happening doesn't have anything to do whether it was done by german green or soviet union or anything like that. my question is is global warming actually happening or not? >> thank you. >> there's -- being produced today which looks set what scientists themselves say about the certainty or lack of certainty regarding climate and the global warming hypothesis. i think it's important. i think right this issue was put on the agenda is important to understand.

. >>> meantime eric schmidt will leave his post as executive chairman of google's parent company alphabet over in 2001 to help turn the startup into the global technology giant it is today. he will serve on the board of directors and as an adviser for the company. >>> here on wall street the stocks closed higher yesterday with banks and energy shares seeing most of the gains. the dow rose 55 points, the s&p 500 tacked on 5 points. the nasdaq added 4 points. >>> ford's ceo is apologizing for sexual harassment at its assembly plant in chicago. in an open letter jim hackett wrote, quote, i am sorry for any instance where a colleague was subjected to harassment or discriminatory conduct. his comment was in response to a report by "the new york times." ford has settled two lawsuits, one this year and once in 1999 with women who were harassed at the plant. >>> boeing is talking to brazilian jet maker embraer about a potential combination. the move would give boeing a bigger footprint in the regional jet industry. its rival promised to buy from canada's bombardier program. they would have to sig

. >>> eric schmidt is stepping down as president of google's parent, alphabet. he played a critical role in growing the company into something more than just a search engine. schmidt will r his role at the com but will continue to be a member of the board and a technical adviser. >>> papa john's founder is also stepping down as ceo. but john schnatter will remain chairman of the company. papa john's has been in the headlines, the ceo criticized the nfl publicly last month for not resolving the anthem issue and blamed declining pro football viewership on a drop in its sales. papa john's is a sponsor of the national footbal league. >>> there is also a change at the top of csx. the third largest railroad named jim foote chief executive, succeeding hunter harrison who died sud week just months into the company's ambitious turnaround plan. csx's board says it's confident in foote's ability to lead the railroad. >>> home depot is reportedly i'm going to xpo as a takeover target. that's where we begin tonight's market focus. home depot has been in talks with xpo in rec

that in this, but what with i do highlight is how the the green and silicon valley people like eric schmidt of google have funded anti-fracking campaign and thereby -- essentially waging war in hydrocarbon economy that heart hadland of america middle of america depends upon and thrives on, and if you like you've got an economic civil war within american capitalism with the -- two case against the middle. >> okay the gentleman in the back. >> introduce yourself please. i haven't read the book. >> introduce yourself, your name. >> i just -- >> a citizen. >> i don't to -- too much personal. i haven't read your book. but from what you said over here, it's about the first army close to 8 o years old, life -- that somebody has -- immediate and teach some or relate it together issues through reject some whether scientific or real or not -- matter the question is that, is global warming happening or o not? it it's not happening doesn't have is to do whether it was done by greene or by soviet union or -- antiwar movement but my question is that, is is global warming actually happening or not? >> oka

eric schmidt is stepping down as exclusive chairman. he has been with the company since 2001 and reserved as google's c.e.o. schmidt will remain on the board of alphabet and serve as a technical adviser to the company. when we come back, another big corporate shake-up. this time at papa john's. yeah. ♪ everybody two seconds! ♪ "dear sebastian, after careful consideration of your application, it is with great pleasure that we offer our congratulations on your acceptance..." through the tuition assistance program, every day mcdonald's helps more people go to college. it's part of our commitment to being america's best first job. ♪ my bladder leakage was making me feel like i couldn't spend time with my grandson. now depend fit-flex has their fastest absorbing material inside, so it keeps me dry and protected. go to depend.com - get a coupon and try them for yourself. go to depend.com - when this bell rings... ...it starts a chain reaction... ...that's heard throughout the connected business world. at&t network security helps protect busin

eric schmidt, who has been with the tech giant since 2001, will remain on the board as a technical adviserues. alphabet said it appoints to —— it expects to appoint a replacement later this year. let's check in with the markets. china stocks dipped on friday as weakness in banking and consumer stocks offset gains in the energy sector, but the indexes were up for the week. asian stocks more generally edged up though on new data pointing to steady growth in the us economy. over in europe, investors are digesting the news of the catalan separatist victory and it's the euro that's the focus. although at this time of year we're seeing pretty thin trading, many have clocked off and closed up their investment positions ahead of christmas. some speculators appeared to have sold the euro already. the overall impact of the catalan vote on the euro and the wider global markets is likely to be limited, however. catalonia cannot become a sovereign state if no other country recognises its independence. it won't even be able to have its own currency under such conditions. let's head over to the states no

eric schmidt is stepping down as the company of alphabet, the parent company of google. he played a central role of turning google into a major powerhouse but will remain on the board and serve as a technical survivor. >> and john stepping down from papa johns, and papa john's is an nfl sponsor. >> that really did not go so well for him. now the question is will he still be the face -- will he duty commercials? >> i wonder. he's still affiliated, just not the top guy. >> should be interesting. >>> "early start" starts right now with a government shutdown averted, but is another one looming in january? yeah, shut down averted. congress kicks the can another month. major issues remain as lawmakers and the president head out for christmas. >> testimony from the deputy fbi director suggests he can backup james comey's claims about president trump. >> and the u.s. not backing down after a lopsided u.n. vote criticized the president's jew decision. >>> the response of the former cia director comparing the president with narcissistic vengeful autocrats. >> it's mar-a-lago frid

top of the company that owns google that's right christopher google parent company alfabet says eric schmidt will step down as chairman in january schmidt will remain at the company as a technical advisor he says he wants to focus on specific a science and technology issues within the company as well as his for. for people schmidt has been the face of google's business side since his recruitment to c.e.o. of the search engine in two thousand and one that's when google founders larry page and sergey brin turned to the form a software engineer for his business background. it's the first time ever the ryanair pilots have gone on strike in the company's thirty two year history there were limited strikes announced in germany this morning pilots are demanding ryanair improved pilots wages but employees distrust towards the company runs a lot deeper than the pay package alone and it all starts with. ryanair head michael o'leary will bend over backwards to make a buck and that mentality has helped to make ryan air force to be reckoned with in the european market. further refining the ultra low cost

(steve) we are now learning eric schmidt-- the executive chairman of google parent alphabet-- is steppingn in january. the company says he will become a technical adviser and will continue to sit on the board. schmidt joined google in 2001 as c-e-o in october 20-15... google launched a new structure-- making alphabet a holding company for google and related businesses. schmidt said in a statement that he felt the alphabet structure was working well, with google thriving. he says he plans to spend more time on science and technology issues and philanthropy. (pam) residents and police in hayward join forces to catch a package theif. earlier this week... kron 4 viewers reached out to us to say, their neighborhood his been plagued with package thefts.(steve) several of them setup surveillance cameras... but it did not stop the crooks. that's when the hayward police department stepped in. kron 4's ali reid explains how a decoy helped land two people behind bars. we put it down at 11 this morning, and by 2 o clock it was gone.lan van lam and his getaway driver thought they hit gold with this pa

nice man >>> elsewhere, this is -- i don't know alphabet executive chairman eric schmidt will step downe will be transitioning to a technical adviser role schmidt first joined google back in 2001 as a ceo schmidt saying i believe the time is right in alphabet's evolution for this transition. shares not moving much but he has a big foundation. also he can be more technical in transitioning to ai. the post delves right into the wait a second, is there anything going on here with -- because it points out, he had this reputation as a womanizer for 37 years or whatever. an understanding or something with his wife. they stayed married, but he always had a girlfriend or something. his wife said i've -- she was going to file or something, but then said i feel like a -- did you read it in the post? i felt like a luggage, following him around the world that raised eyebrows, but they say there's nothing there. they would have fired him outright >> that's what i thought when i first read it, you can't stay at a company or stay on the board if those are the things you're being taken out for. the ide

eric schmidt, that gentleman stepping down from google.: billionaire worth 14 billion, stepping down as executive chairman. alphabet waited three days to announce that he was stepping down. so it raised, again, the open marriage he's had for five years. he has a colorful complex wife with open marriage with other women. number of high-profile women as well. so it raises the issue of sexual harassment, anything there, absolutely not, this is all consensual. stuart: google has not made him available for interviews, it's statement. liz: he will do nonprofit charity work as his wife is. ashley: marginalized and since trump became president because he was close to obama administration, the clintons as well, helped with technical issues and ever since donald trump became president, they used to call him secretary of state to google eric schmidt. he's been pushed to the side. stuart: this man produced youtube, gmail. liz: connect sod many people. stuart: extraordinary, extraordinary. one more finish you, ash, papa johns, the founder, he's steppin

evidence of that in this, but i do highlight highly the oligarchs of silicon valley, people like eric schmidt of google have funded anti- fracking campaigns and thereby essentially waging war on the economy, the heartland of america, the middle of america depends upon it and thrives on. if you like, you've got an economic civil war within america capitalism with the two case win against the middle. >> okay, the gentleman and back. >> you can introduce yourself. >> okay. i haven't read your book. >> could you introduce yourself please. your name. >> your citizen. >> i don't want to to to much personal. i haven't read your book, but what you said over here, somebody needs to teach something or related together, issues to reject. [inaudible] the question is is global warming happening or not? if it is not happening or happening doesn't have anything to do with whether it was done by german, green or soviet union or the war movement or anything like that but my question is is global warming actually happening or not. >> okay, thank you very much. >> as it happens, i've got a paper that's being pr

what i do highlight is how the green oligarchs of silicon valley, people like eric schmidt of google have funded anti-fracking campaigns and thereby essentially waging war on the hydrocarbon economy on the heartland of america, middle of america depends on the and if you like you've got an economic civil war within american capitalism for the two against the middle. >> the gentleman in the back. introduce yourself please. >> i have read your book. >> introduce yourself please, your name? >> you're a citizen? >> i have read your book but what you said over here, it's the first time in my 80 your life that somebody has taught something related together issues to reject some weather scientific here or not. the question is that is global warming happening or not? if it's not happening or happening, doesn't have anything to do with whether it was done by german greens or the soviet union or a war movement or anything else. why question is will global warming actually happening or not? >> very much. >> as it happens i got a paper that's been produced and been published today by a different

eric schmidt remains a technical adviser. joined google as ceo in 2001. announcement out in twitter, can't wait to dive into latest in science, technology and philanthropy, look forward to working with larry and sergei here at alphabet. >>> how do you lose a christmas tree? >> 7 on your side's mvp is answering that. >>> remembering oakland favorite. man and a piano bar. >>> get latest news, abc7 news app. push alerts for more >>> oakland's long-time piano man has left the stage. rod dibble was at piano for more than 50 years at oakland's the alley, neighborhood legend. one of the best piano bars in the bay area. told abc7 news that rod knew nearly 5,000 songs. passed away monday at 85. closest friends, the alley cats, will gather at piano and more formal remembrance will be next month. >>> the meadow will finally be named after greatest benefactor. parks and rec department changing to to the robin williams meadow. comedy day organizers say robin williams secretly supported the free event for years to support local comics and sometimes headline or perform

eric schmidt remains a technical adviser. joined google as ceo in 2001. put announcement out in twitter, can't wait to dive into latest in science, technology and philanthropy, look forward to working with larry and sergei here at alphabet. >>> how do you lose a christmas tree? >> 7 on your side's mvp is answering that. >>> remembering oakland favorite. man and a piano bar. >>> get latest news, updated abc7 news app. push alerts for more really? really? really? really? really? really? see zero in a whole new way. get zero down, zero deposit, zero first month's payment, and zero due at signing on select volkswagen models. now with the people first warranty. >>> oakland's long-time piano man has left the stage. rod dibble was at piano for more than 50 years at oakland's the alley, neighborhood legend. one of the best piano bars in the bay area. told abc7 news that rod knew nearly 5,000 songs. passed away monday at 85. closest friends, the alley cats, will gather at piano and more formal remembrance will be next month. >>> the meadow will finally be named af

. >>> eric schmidt the ceo of alphabet is stepping down. he took the reins of the search giant from larry page and sergey brin. the 62-year-old billionaire will become a technical adviser and will continue to sit on alphabet's board after he steps down. he holds shares worth about $5 billion. >>> and taking a check of stocks, the dow is down about 38 points, the s&p 500 also down about two points and the nasdaq down about six as we are 30-minutes from the closing bell. >>> enter now for a chance to win four vouchers redeemable to any day of the auto show from january 4th to january 7th, 2018. if you want to enter go to facebook and click on the contest link and fill out the entry form. and entries will be accepted until 11:59 p.m. tonight. the prize has a retail value of $44 and is provided by the international auto show. three winners will be selected on december 26, 2017. you can see all of the rules at www.ktvu.com under contests. >>> the bay area is bringing the holiday cheer from jazz performs to food trucks. plenty of holiday activiti

. >>> eric schmidt is stepping down as executive chairman.e has been with the company since 2001 and served as google's ceo. he'll remain on the board of alphabet and serve as a technical adviser to the company. >>> when we come back, another big corporate shake-up, this time at papa john's. these birds once affected by oil are heading back home. thanks to dawn, rescue workers only trust dawn, because it's tough on grease yet gentle. i am home, i am home, i am home she's had a tiny cough. see you at 5! seriously? protection. lysol kills over 100 illness-causing germs and viruses, even those that may cause coughs. lysol. what it takes to protect. it says you apply the blue one ok, letto me. this. here? no. have a little fun together, or a lot. k-y yours and mine. two sensations that work together, so you can play together. you don't even want to know protection detergent alone doesn't kill bacteria but adding lysol laundry sanitizer kills 99.9% of bacteria with 0% bleach. lysol. what it takes to protect. >>> founder of papa john's is stepping

eric schmidt is stepping down as executive chairman of alphabet.t in when google had 200 employees and its founders were in their 20's. he will remain on alphabet's board. off musk's spacex will cap a record year with a launch of a rocket carrying satellites from california's central coast. it will be the company's 18th mission this year, more than any other competitor, and more than twice as many as last year. that is her latest bloomberg business flash. vonnie: still ahead, a gift heading into the holiday weekend -- positive economic data. home sales rise to precrisis levels as consumer spending surprises to the upside. and we want to mention that senate majority leader mitch mcconnell is holding his year-end news conference. he says it has been a year of extraordinary a compliment. -- accomplishment. president trump will sign the tax overhaul any moment. stay tuned. ♪ mark: live from bloomberg's european headquarters in the city of london, i'm mark barton. vonnie: in new york, i am vonnie quinn. this is "bloomberg markets." fresh economic data o

eric schmidt- - the executive chairman of google parent alphabet-- is stepping down in january.pany says he will become a technical adviser and will continue to sit on the board. schmidt joined google in 2001 as c-e-o in october 20-15... google launched a new structure-- making alphabet a holding company for google and related businesses. schmidt said in a statement that he felt the alphabet structure was working well, with google thriving. he says he plans to spend more time on science and technology issues and philanthropy. (pam) new tonight at 10... the population of california is now at 39.6 million! the state department of finance released its annual county-by-county population estimates earlier today. (pam) in southern california.. los angeles county came in with the highest population at ten- point- three million--- while the smallest, alpine county with just eleven- hundred people. the statistics showed the state's population spike came from births out numbering deaths by two-hundred-twenty-thousand. there was also a net gain of 80-thousand people from other states and c

eric schmidt is stepping down. he is currently the executive chairman of google's parent company alphabet. he first joined in 2001 as the ceo. he will remain on the board of directors and serve as a technical adviser. >> part of golden gate park will be reopened in only had of robin williams. it will now be known as robin williams meadow. jonathan bloom was there at a lively meeting as friends of the late comic explain why there's no better nice remember him. >> as a comedian, i am very, very proud. >> i would like to thank all of you for supporting comedy the very funny friends of robin williams. >> jesus and comedy day. i'll be back. >> and he was. year after year. >> he was even a savior of sorts, giving money to keep the annual comedy day afloat. >> we always heard that we got the money because the eagle has landed. that was the code word. >> he was known in the comedy community as the eagle. >> they've helped to put on it for 38 years. >> there are some people, that's their only comedy experience of the year.

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