we are learning all kinds of things i recommended ericson. the 5g rollout they may even cost more money. you don't need to worry about it as a back door to your cellular network. since most have drifted higher on the 7% gain by stylings i named my new puppy it hasn't even been three full weeks or we have gotten new developments here. it is perhaps as soon as the following week so far it hasn't happened. when pence went to the security conference he demanded you're banned chinese technology from over the next few months you are going to watch the major wireless because they are about to make major sourcing decisions. it should be ground from ericson and nokia. it is despite president trump. now, this week we are hearing even more about 5g at the mwc conference in barcelona. it is formally known as the mobile world congress. it got so big they decide today clang the name in the acronym. it has made one thing crystal clear. we left out a major player remember, we'll keep revisiting this scene i'm talking about maybe one that i should have mentio

ericson ceo said in the u.s. tight labor market is making that a challenge. >> we're probably one of the largest trainer of power crews m in northica, actually. but what we see now is that the tower crews are the limiting capacity, so actually, modernize >> reporter: a good economy will help consumers afford gadgets like those foldable phones, both more than $1,900, when 5g is ready. but until then, it's a potential head nd. for "nightly business report," . >>> coming up, thecy mote industry enters the el >>> here's a look at what to watch for tomorrow. as we reported, the fed chair, jerome powell, will be oca tol hill to testify on the state of the economy.be housing wil in focus with the result of housing starts. the s&p case shippchiller price index and home depot. that's what to watch for on tuesday. >>> bank of america says it will no longer use the merrill lynch brand for its investment banking group. it also plans to gradually retire the u.s. trust name to become p bank of amerivate bank. the move is part

ericson and nokia. they have a chance to win the race for 5g.ome times more would say it is lower quality. the majority might say that. you better believe they are pressuring their companies to spy on their customers they are like the swiss. they try very hard to be mutual. they invented a lot more last night i was talking with him. but in the real life it is one of the largest on earth. he advises the best of the best about what can go wrong about cyber terrorism. so why don't you listen what he had to say about huawei. >> i tell them to be very careful. they warned about using those products there is a lot of warnings from different governments to use it. it amazes me the large corporations and governments still use it you cannot beat the attraction of low prices. >> talk about penny wise shame on them. it's also not what you want to hear consider what they have been hit with over the past year they banned u.s. equipment sales. they have been telling network supplies in north korea. can you imagine if an american company tried to do that that

. >>> huawei launches a 2,600 dollar foldable smart phone as questions about the company remake ericson'scnbc huawei's troubles have not had an impact on his firm. >> the reality is if we look at facts, we don't see any impact in our order of this almost the opposite. >> warren buffett is looking for big deals. the oracle of omaha says he's on the hunt for a, quote, elephant-sized acquisition but says prices are too high we hear from the man himself at 12 cet. >>> and green book picks up the oscar for best picture of the 91st annual academy awards while boemhemia rhapsody and roma also win big. ♪ >>> european markets are following asia higher this morning very sizable gains across the board the strongest gainers are being seen in ftse mib, those italian stocks up quite strongly the dax also up a decent 0 .5% the cac and ftse 100 up as well. very evenly spread the mack koe narrative dominated by the headlines around trump and the march 1 deadline, the fact that he has moved forward with a concrete step of delaying a planned increase in those tariffs on march 1 so while the market was expec

ericson ceo told me this morning that the controversy with china and huawei actually isn't helping hisbe hurting in that customers aren't necessarily that much more eager to buy with the uncertainty. are you seeing anything unsimilar? is that a danger with this dispute? >> well, i think we're all excited by the progress that seems to be made in the discussions between the u.s. and china because we think global trade is good for the industry in particular. so we think over time as the thawing out of the dynamics play out that it's going to open up opportunities. in the meantime, we see real interests in technologies being developed but a little of the hesitation about how those are purchased and how those technologies are deployed. we're encouraged by the recent dialogues. >> fed chair j. powell is on capitol hill tomorrow and the day after. what would you tell him about how the first couple of months of this year have looked from a global demand perspective to you. >> yeah. well, we just finished our record year for the company back in 2018, so we had a record year in 2016, a record ye

ericss ericsson's attorney in south dakota had said about his indictment for fraud that eric s ericson'sieves a different story will emerge. boo t >> fascinating developments. thank you very much, brian, for that. >>> breaking news next. president trump sets the stage for a new battle with democrats as he decides to declare a national emergency to get money for a border wall. ybody else? we know their rates are good, we know that they're always going to take care of us. it was an instant savings and i should have changed a long time ago. we're the tenney's and we're usaa members for life. call usaa to start saving on insurance today. [indistinct conversation] [friend] i've never seen that before. ♪ ♪ i have... ♪ - want to take your next vacation to new heights? tripadvisor now lets you book over 100,000 tours, attractions, and experiences in destinations around the world like new york, from bus tours to breathtaking adventures. tripadvisor makes it easy to find and book amazing things to do. and you can cancel most bookings up to 24 hours in advance for a full refund. so you can make you