. >> still to come, the state of california filed a lawsuit against exxonmobil. but now the oil giant has filed a lawsuit of its own, accusing attorney general rob bonta of unfair remarks and a dramatic turnaround after years of shortfalls. governor newsom's proposed budget is balanced and it has a surplus. details on how the governor says that happened and the still looming uncertainty. >> and later tonight in sports. a disappointing end to a disappointing season. we caught up with some of the 49ers players today as they were clearing out those lockers. what's to come in the offseason? also, preparations now underway in the city of san francisco as san francisco gets ready to usher in a new mayor. what residents (vo) with fargo, your virtual assistant from wells fargo, you can pick up the tab, even when you forget your wallet. (kaz) i got this. (ben) fargo, send kaz $145 dollars with zelle. (kaz) smooth. (vo) learn more at wellsfargo.com/getfargo. (husband) we just want to have enough money for retirement. (wife) and travel to visit our grandchildren. (fisher in

necessarily that all the planned outputs will come online, at the same time we have seen company is like exxonmobiley been struggling financially and its recent quarter. this means they might end up reducing their investment and therefore reducing output.- investment and therefore reducing output. gets get you u . reducing output. gets get you u- to reducing output. gets get you no to speed — reducing output. gets get you up to speed with _ reducing output. gets get you up to speed with our- reducing output. gets get you up to speed with our top - reducing output. gets get you| up to speed with our top story on bbc news, 0ban south korea investigators have arrested the impeached president yoon suk yeol is the country �*s first—ever sitting president to be arrested and is currently that the anticorruption agency offers which we are showing you right now with things do appear incredibly calm. the police had tried to arrest him earlier this month but failed to do so following a stand—off with his security service, so far there has not been a major impact on european markets with the benchmark kospi tr

oil giant exxonmobil suing california, accusing the state of defamation. the lawsuit is a response to another lawsuit filed by the attorney general, rob bonta, accusing exxonmobil of deceiving consumers about the potential for plastic recycling. the oil company is countersuing. they're accusing bonta of working with an australian nonprofit group that competes with exxon's low carbon initiatives. well, the california department of justice released a statement saying, quote, this is another attempt from exxonmobil to deflect attention from its own unlawful deception. the attorney general is proud to advance his lawsuit against exxonmobil, and looks forward to vigorously litigating this case in court. >> bay area firefighters are headed to southern california as a powerful windstorm is set to hit the region, and a red flag warning is now in effect. cal fire san mateo santa cruz unit shared this photo saying it is sending five fire engines northwest of los angeles to help if a wildfire ignites. >> well, the system that's digging into southern california actual

charles: chevrons and the reason that people are comfortable with chevron and exxonmobil and going @ risk reward is pretty good and they've been hammered. >> if you're looking to clip coupons, these are not for you and some companies are not taking free cash flow and deployed for buy back stock and these are really stocks and look at them and consider the operating leverage, you know, they could be selling at three, four times earnings, two three years down the load. charles: gorge, great stuff. >> thanks so much. charles: folks, congressional insider trading is running rampant. number of trades and how much money these folks make has got almost everyone on the same political both sides of the aisle upset. but nothing is ever been done about it. that may be changing. congressman cory mills is next. (auctioneer) let's start the bidding at 5 million dollars. thank you, sir. (man) these people of privilege... hoarding the financial advantages for far too long. (auctioneer) 7.5 at the back. (man) look at them — unaware that robinhood gold members now enjoy the vip treatment — a 3% ira ma

exxonmobil gets about and better. that's going to continue. >> and weiss? >> crypto. bitcoin specifically and more specifically ibid. i think it retakes 100,000, goes to 125. >> all right. we have got just a little bit left here. i want to show you that the markets are higher across the board.125. >> i want to show you that the markets are higher across the board, tesla, highest in consumer discretionary, but still down about eight, that does it for the halftime, the exchange starts right now. >> thank you very much, courtney, welcome to the exchange, i'm kelly evans, the vote to elect the new house speaker is currently underway, if it fails, that will have big consequences for capitol hill, for business and for he economy, we will bring you the very latest as we get them and these potential impacts. despite the d.c. drama, where we see the biggest opportunities in the new year, but are the charts telling a different story? our technician brings three of them that are making him wary, this is one of them, it is a mystery chart for the day, what he's watching and how h

top tier is a higher standard that brands including chevron, costco, exxonmobil and shell offer. participating brands will have a top tier sticker on their pumps, save money and skip premium gas unless a higher octane is required for your model. >> for both convenience and safety, keep at least half a tank of fuel during cold winter months, when there's a risk of shortages, like when a major storm is imminent. this also goes for holiday road trips, when roads can be congested and slow moving. >> check tire pressure. pressure drops as temperatures drop. lower pressure than recommended on your door jamb sticker can affect safety, tire longevity, and even fuel economy. here's a heads up on eco mode. consumer reports experts are underwhelmed with the feature. it's not a magic button. >> we found no fuel economy benefit using eco mode for city and highway driving. it's true ability is to encourage frugal driving behavior. >> drive evenly. avoid hard acceleration and braking whenever possible. pay attention to aerodynamics. remove roof racks when they're not being used. finally, check

shell, exxonmobil, chevron and bp are among those named in the suit. the companies are arguing climate change is an issue under federal law and should not be addressed at the state level. oil companies are accused of using deceptive marketing and public statements, instead of acknowledging the impacts they have had on climate change. >> amid increased awareness about ultra processed foods, more people are turning to a new tool meant to help consumers identify highly processed food at the grocery store. ultra processed foods are engineered with added ingredients including fat, sugar, salt, artificial colors and preservatives. while consumers can certainly read the label, one doctor working with harvard medical school has created a database that ranks 50,000 processed foods sold across giant retailers. >> final goal is to actually have this as a tool for public health, for public health monitoring, for learning about the habits of the american people, what is offered to them and actually improve the overall health. >> the database can be found on true fo

when the show launched, the biggest companies in the s&p were exxonmobil, ge, icrosoft, and citigroup, the top ten were worth $2.5 trillion combined today, the top ten names are worth more than $20 trillion apple back then had a market cap of less than $75 billion nvidia was about $12 billion meta and tesla were still years away from going public and take a look at where the major markets were the s&p, less than 1,500 the do about 12,000. the nasdaq still less than half of what it was during the peak of the dot com boom. and the yield on the ten-year treasury, just about where it is exactly right now. so, guy, quite the milestone 18 years, you lived every minute of it. >> yeah. >> what is the biggest change? >> the biggest change that we've seen, obviously, is you coming in 16 years ago. march, will be 16 years. and, you know, i don't want to talk a lot, we have a great guest coming on, but you filled some incredibly large shoes, but you did it in such a way that, you know, you made the show your own, so, of all the changes, you coming onboard some 16 years ago, to me, tops the list,

specifically in an exxonmobil or chevron. >> why do you think it ends up going higher?> because they have to rebuild. how can all these middle east countries rebuild? they have to raise the price of oil to fund the rebuilding. it's an old play book, kelly. running for decades the middle east. >> that's fine. now the u.s. is a major oil producer. can't we just offset that? >> we just had 625 million acres of crude oil opportunity banned by the current administration. will that be a bit of grappling until that production comes online. that's the uncertainty john and i are really trying to up npack here. so much uncertainty when the policies will be implemented and get traction. that's where there's concern. there should be confusion. the fix at 16 nobody seems to care, kelly. >> we'll leave it there. gentlemen, thanks. thank you, both. >>> let's dig further into the tariff's potential impact on the economy. that strong services data this morning shows things are still humming along, little too hot for john's liking. the december number saw the sharpest output growth and n

east india company in the british east india company through chiquita banana and coca-cola and exxonmobil. so i suspect the answer is that there are significant differences here. and i was hoping you could speak to how you see it as being different and maybe how that should inform how we should address these problems now. right. so it's true that, for example, many companies in many sectors lobby and the more money, the more capital may have to to throw at it. and that in the past we've seen challenge you challenges with monopolistic behavior. what makes tech different is the scope of integration in our societies, the reliance on the well-functioning of companies. so recently i think people heard about the company crowdstrike for the first time because a mistake in company showed where all it is being used and what when things don't go exactly as was hoped of course. so many organizations buying the services of cyber security companies in the hope slash blind trust that this will lead to better security and that's what i mean by the sort of overreliance, since governments do the same thin

partially dependent on carbon capture, including amongst our largest company, one i covered closely, exxonmobily're not -- they don't care as president. >> but you need to have a return at the end of the day. therefore, you need to have a price on carbon and -- there has to be -- they incorporate certain -- certain allocations from the government as a result of what they're doing that if they were to do, change is the return on invested capital. >> in the meantime, we know president-elect wants to be able to use liquefied natural gas as a weapon against the russians. we saw russia's natural gas is not going through. certainly we have enough to be able to help europe, but we're not as able to get as many trains built as people are liking. last year -- >> the trains, we should point out, is not -- where these are the export terminals for liquid natural gas. >> when president biden put through that pause in approvals, that stopped a lot of production. >> that was change day one. >> yeah. they were about to rule there should be no more. >> pipelines as you pointed out as well when it comes to natur