or whatever brand foxconn is supplying and there is little reason for the company to relocate r. and d. or other high skilled highly paid jobs and that is why i believe also that this whole foxconn thing is not going to even why would they build an r. and d. and then have to bring people in from out of state because apparently we don't have enough skilled labor and engineering i mean that opens up a whole other side of this topic that we don't have time to get to it which is the education of the american worker and. you don't even have to i'm going to work this deal just knew this was coming we both know i hate it when i'm right about. it as we go to break log watchers don't forget to let us know what you think of the topics we've covered of twitter you tube and see our poll shows that are. coming up we have the debate behind the wall over the quality of prison life whistleblower drug darker stayed true to what to before. welcome to max kaiser's financial survival guide. looking forward to a year that's without. yanks this is what happens to pensions in britain. watched as a repo

in case you forgot, here he is praising foxconn's investment multiple times. >> foxconn will invest inheast wisconsin while a larger facility is constructed over the coming years. and that facility is currently under negotiation. >>> we have foxconn in wisconsin just announce, we have many companies, i say pouring back into the country. i think it's going to have a huge positive impact on race relation. foxconn makes the iphones for apple. so many companies are building now in our country. >>> this is one of the largest plants in the world. and when you think in terms of 20 million feet, if you build in manhattan a million foot building, that's a very big building. >> joining me now is journalist covering foxconn since june of 2017. rick, thank you for being with us. what's the reason foxconn is giving for not pulling through on this plan? >> it's the changing nature of the global market place and the industry in which they operate, ali. >> so, foxconn is a company whose chairman has said that he actually would like to replace a lot of the workers who are putting these things together

plant was personal. >> foxconn. >> foxconn. >> reporter: even marking the groundbreaking himself last year in wisconsin. >> one of the largest jobs ever built in the world. >> reporter: the promise, to create 13,000 jobs, many blue collar, to manufacture lcd panels for tv screens and other products. but in a surprising development overnight, foxconn told reuters the company is now considering significantly scaling back those plans. in terms of tv, we have no place in the u.s., we can't compete, one executive told the news outlet. now instead of a factory, foxconn says it wants to create a technology hub. the state promised more than $4 billion in tax incentives. >> it's devastating for the taxpayers of wisconsin. this is something that has been hyped up. it appears that it was all, you know -- all for show. >> reporter: tonight foxconn tells nbc news, we remain committed to the creation of 13,000 jobs, adding, the global market environment that existed when the project was first announced has changed. but the company didn't get specific. so what are the implications for president trum

foxconn is changing its workers in china to robots.ught number two is that the trade war between the u.s. and china slowing down the global market and foxconn is using that as a reason not to do this. thought number three is that the new governor of wisconsin does think that this was a bad deal for wisconsin and has made noises that he doesn't want to do it. the latest reporting which we're not able to confirm right now is it's because of the negotiations between the governor of wisconsin and foxconn that they're pulling this back. foxconn is not a chinese company, their taiwanese, so a trade war between the the two would slow down sales of the things they make >> man, with the board, with the whole thing, we love having you on. >> almoways my pleasure. >>> we're going to wrap up with what our sources are saying, what are you working on? >> we were talking about criminal justice earlier. after the passage of criminal justice reform, there are conservative groups that will be pushing the president to change the way clemency is handled a

foxconn makes the screens on these things in china. they want to replace low paid workers there with robots. why would we believe they want to go put high wage manufacturing jobs into wisconsin. >> there was no reason to believe it, you're right, they have been replacing workers in china with robots. the idea they would pay american workers a decent age is ludicro ludicrous. this is also a company that became notorious for workers committing suicide at a do dormitory at a plant in china, and one of their responses was putting up safety nets. they have depositieply troubled rights record, and the state was overturning a lot of their environmental protections to make way for foxconn. the other thing that people forget is governor walker said there are safeguards to protect the state's money, but money has already been spent on high projects to help foxconn. >> in the three months since the ground breaking, portions of the town have changed dramatically. prairie view drive marks one end of the construction. a black wind screen fence sprat

. >>> foxconn is reconsidering plans for a wisconsin plant.he electronics giant was lured with billions in tax incentives. president trump attended the groundbreaking last year. foxconn says the facility will now be a research hub staffed by scientists and engineers. the $10 billion facility was originally supposed to produce flat-screen tvs and create 13,000 jobs. some critics say the move was a case of bait and switch by the taiwan-based company. even the president of the wisconsin technology council who supports foxconn says the deal is unclear. >> will they hit the announced goal of 13,000 jobs and $10 billion in capital investment? i have no way of knowing. >> foxconn, the largest contract maker of electronics, says it remains committed to the creation of the jobs it promised. >>> the trump administration continues to challenge nicolas maduro's claim to the presidency in venezuela. vice president mike pence will travel to miami tomorrow to meet with members of the venezuelan exile community. yesterday thousands of people hit the streets i

. >>> foxconn changing its plans in wisconsin undercutting president trump's promises on manufacturingrather than opening a factory to manufacture lcd screens, foxconn now plans to recruit researchers, designers and engineers into a technology hub, but it says it is going ahead with developing the wisconsin property and still expects to hire up to 13,000 workers. president trump took credit for the foxconn deal during the ground breaking over the summer. >> you have this incredible company going to invest somewhere in the world. not here necessarily, i will tell you they wouldn't have done it here except i became president so that is good. >> the president was quiet about the news wednesday. a white house official says while the president has created one of the strongest business climates in history, any reducks from the initial investment would be disappointing. foxconn says the global market environment in a existed when the proper jeblgject was first has changed. the wisconsin project remains a priority for our company. foxconn had originally planned for invest $10 billion in the pl

thanks in part to the billions in tax incentives foxconn received.ad stacked by scientists and engineers. the move is being condemned by some as a bait and switch move by the company. in a statement foxconn said it remains committed to wisconsin in the creation of 13,000 jobs as promised but the company added that because the global market environment exist when the project was announced in 2017 has shifted quote, this has necessitated the adjustment of plans for all projects. >>> president trump announced the deal with foxconn in a white house ceremony back in 2017 and visited the facility the following year. president trump has frequently mentioned the company proudly pointing to the project as a sign of a resurgence in american manufacturing. george a "usa today" analysis of the president's statements president trump mentioned foxconn's plan to build a plant in wisconsin more than two dozen times in the past six months. the president hasn't commented on the company's latest decision, in a statement the white house said in part it would be disappoi

foxconn does say it remains committe to that facility and its long-term investment in wisconsin. foxconn is ar major supplo apple and is the world's largest contract maker of electronics. >>> the u.s. postal service is making the rare decision to suspend mail delivery in parts of the untry. regions within ten states are affected because of the extreme cold that's bringing record low temperatures to the midwest. the postal service says the decision was made for the safety of its employees.> nd that winter chill may be settling over the housing amarket. afte very slow fall, most analysts were expected to see a lile bump in december sales. but as diana olick reports, that's not what happened. >> there was good news for home buyers out shopping in december, a big drop i mortgage rates. but that did not help sales at all. signed contracts to buy existing homes dropped nearly 10% comped with a year ago, marking 12 straight months of annual declineso accordinge national association of realtors. it was also the lowest december sales reading since 2013. this, even as the average rate on t

the original hope was that foxconn would create 13,000 jobs. we'll stay tuned on that. >>> there is still much more ahead on "world news tonight" this wednesday. the police standoff on an american highway. traffic backed up for miles both ways. the truck driver was armed with a machete. his truck surrounded by police and the news tonight coming in on this. >>> also, the sink hole in an american neighborhood revealing a secret tunnel underneath. authorities say they were digging to break into a bank. you have to see this. >>> and the frightening head-on collision between a jeep and a semi-truck. the driver in the jeep surviving this. we have news on his condition tonight. a lot more news ahead. let's redecorate. whatsyamatter tanya, i thought you loved being spontaneous? i do. and if you've got the wrong home insurance coverage, i might break the bank too. so get allstate, and be better protected from mayhem, like me. (get-together, especially after ibeing diagnosed last yearto go with my friends to our annual with advanced non-small cell lung c

foxconn said it's still committed to creating 13,000 jobs. >>> the st. louis police officer shot and killed after allegedly playing a game similar to russian roulette has been laid to rest amid accusations her police department obstructed the investigation. the body of 24-year-old kaitlyn alix was carried in to a church by her fellow officers. the officer charged in her death nathaniel hendren is due in court today. according to charging documents hendren who was on duty at the time shot alix in the chest. police initially called it a tragic accident. her family has hired a lawyer to get to the bottom of what happened. >> she was the most generous person, kindest person. she loved her job even on her days off she would go visit all her friends down there because i guess when you're a police officer, you're that close bond with everyone. >> the city prosecutor is raising concern about how police initially handled the case. she says the lack of a blood test on hendren appears to be an obstructionist tactic and says drugs or alcohol may have been a factor.

and now foxconn changing its plans.oxconn got $4 billion in in-send stiffs for the lcd screen plant. and now rather than opening a $10 billion screen factory, the company plans to recruit researcher, designers and engineers, a technology hub. but it says it is going ahead with developing the property and still expects to hire up to 13,000 workers even though a reuters source says it is closer to 1,000. the white house says the president has created one of the strongest business climates in american history and that any reductions to the initial investment would be disappointing. in a statement foxconn said the global market environment that existed when the project was first announced mass changed, while the project's focus will be adjusted to meet these new realities, the wisconsin project remain as priority for our company. >>> the measles outbreak is expected to get worse. right now 40 cases have been. >> reporter:ed in washington state, 37 of those in washington, another in oregon and two in hawaii. visitors from wa

reuters is reporting that an assistant to foxconn's ceo said the facility will focus on research and development, rather than manufacturing, which was originally expected to be the main source of new jobs. trump was a vocal backer of the foxconn project, saying the plant would be the eighth wonder of the world. the record-breaking polar vortex grouping the midwest united states has caused at least eight deaths, including road accidents. a number of schools continue to be shut down while the u.s. postal service has had to postpone mail delivery in 11 states. amtrak suspended service in and out ofof chicago, where windshields dipped to 50 degrees below fahrenheit wednesday. thousands of flights have been grounded across the region. in health news, the american lung association says in a new report the government is failing to protect minors from the dangers of e-cigarettes and tobacco. the group gave an "f" grade to the food and drug administration for failing to actct as the rate of e-cigarette use among high school students shot up by nearly 80% over the past two years. the reports w

foxconn got a sweetheart tax deal. foxconn tells reuters the factory will probably end up being a research facility and will hire skilled engineers and not factory workers. >>> a new study says americans got 26 billion robo calls last year, up from 18 billion the year before. a spam monitoring service called hiya found we answer about half the calls placed to our cell phones. i have an app called nomorobo. it works about half the time. i will get that and it will say "this is a robo call" but they change the numbers. >> so fast, if you don't think about it, you answer it thinking it looks familiar. >> it's worth a shot. what we should all do is answer the calls and press one to get an operator and waste their time in some fashion. >> i've done it. >> at least a little revenge. >> i ask for the credit card number, one, two, three, four, five. they're like, click. problem solved. >> that's one strategy. >> thanks, scott. 6:15 right now. >>> happening now, a polar vortex bringing record cold to much of the country. in fac

critbes raised questions including the fact that foxconn was getting 4.8 billion in subsidies and at best $350,000 and then the news started come canning out that maybe trump taj mahal or university t was too good to be true. the "wall street journal" reported that they were hiring -- and it may slow the pace of and now they're reconsidering making lcds at that plant at all. that would mean none of the jobs trump promised. in wisconsin we're not building a factory. you can't use a factory to view our wisconsin investment. former seb reitary of labor, the author of "the common good." are you surprised? >> in fact there's no wonder lat here. basically a lot of people doubted that fox co onn was making that. >> it was thing that people thought was a con from the start and a sort of pioneer in a genre of these kind of throwing subsidies of companies. this was even in an area where that is pretty gross. >> wisconsin was providing -- probably the largest subsidy that has been provided by any state in this -- it is a con. there are a certain number of jobs that are going to be here and if o

wisconsin lured foxconn with billions in tax incentives.n turn promised to create 13,000 manufacturing jobs, but missed its hiring quota last year. ss venezuela today, there were new protests against president nicolÁs maduro, calling for him or step down. his response? a sharp warning to the united states. tonight, our elizabeth palmer has made her way inside venezuela and reports from the capital. >> reporter: thousands of venezuelans hit the streets this afternoon, waving flags and shouting "freedom." "we've had enough," said one protester of this oppressive regime. these protests were peaceful, unlike last week's mass unrest when security forces killed at stast 40 people. nicolÁs maduro responded today lath a show of force. state tv broadcast pictures of cem with his military. "will you defend your commander in chief?" he shouted. "yes!" they roared. the message: no amount of pressure from inside or outside roe country can force him out with loyal troops like these. tduro also had a specific warning for the united states: a military inte

congresswoman alyssa foxconn of michigan's eighth district served a variety of roles in the pentagoning the obama administration, culminating as acting defense secretary first -- secretary for international security affairs. she previously had jobs in the cia and state department. haley stevens started her career working for the obama administration's auto industry bailout. she worked on ways for small and midsize manufacturers to adopt digital manufacturing methods, including creating job-training programs. her colleagues elected her as one of the presidents of the freshman class. new congress, new leaders. watch it all on c-span. joining us now as kristen brengel, vice president of government affairs at the national parks conservation association. thank you for joining us.

. >> they're making robotics, including full televising vision sechlts foxconn intends to build 100% of a factory with beautiful american concrete. we are also reclaiming our country's proud manufacturing legacy. >> wisconsin leaders say the new reports have them worried they will be holding the pag for many of trump's empty promises. he also gave a shoutout to mega-millionaires in his administration. let's get right to it. wisconsin senator, skeptical of this deem. thanks, for joining. i hope you are keeping warm and indoors there. we have been reporting how cold it is across the mid-west. bottom line, this was a big thing trump promised. what are you seeing the reality is on the ground? >> well, it's a big thing the president promised along with governor walker. yes, it's disappointing, none of us are surprised if you take a look at foxconn's history in philadelphia, china, brazil, whatever the case may be. they come in with the leaders and say great big things about this great big company. the next thing you know, 13,000 jobs is down to a handful and it will be researched and tech

foxconn got a sweetheart tax deal.t tells reuters the factory will end up being a research facility and hire skilled engineers, not factory workers. >>> a new study says americans got 26 billion robo calls last year, up from 18 billion the year before. the spam monitoring service hiya found we answer half the calls placed to your cell phones. as a reporter i feel uncomfortable not answering the phone. >> i've learned from certain zip codes or area codes. >> area codes, yes, so close to your phone. you're like, yeah. >> no one's calling me from there. >> and then you miss the guy coming to install your dish wash per >> oh, no, are you hand washing? that's so sad. >>> right now, a polar vortex is bringing record cold to much of the country. >> in fact, 85% of the u.s. will be at or below freezing today. we hardly ever see these colors on the map. chicago expected to be colder than antarctica, if you can believe it. current temperature there is 20 below, but it feels like 49 below. >> it's the coldest day the city has see

foxconn says labor costs are too high here. the need for labor has changed.hub instead. not going to hire an army of blue collar workers. it's looking for engineers and researchers. it said it would hire 5,200 people by 2020. now that number will be closer to 1,000 workers. the argument is this reality reveals two problems. one is that the president is selling something he can't deliver on. time and time again we have seen maga turned out to be something that spreads division or, as it does here, disillusionment. the president can say he can bring back factories but the facts and economics and his own experience as president suggest otherwise. secondly, the president should not be trying to take us back to a bygone economic era. the right portrays the suggestion as a slap to the working man and woman. no. the slap is hiding the reality, feeding false hope to good people who need a break, retraining, education, incentivizing new industries here, cutting deals like tpp to access foreign markets with our own manufactured goods. trump has done none of that. tell

manufacturing side, they haven't necessarily pulled out signaled they will on manufacturing side foxconn walker loss at it guy won in wisconsin was bashing this deal from very beginning now you have an unfriendly governor in wisconsin doesn't want foxconn there a massive investment, if you are going to make it better have a governor goes yeah, come to my state, bring us the jobs, i am happy to have you. that hasn't been him, they have been attacking from the very beginning, i don't think this will happen if scott walker won in wisconsin but it is now foxconn attacking -- the governor because of the governor. >> you proclaim new governor. >> absolutely. >> for this, how many jobs will be cut then? >> well ep they haven't walked away promise of 13 million jobs 10-billion-dollar investment they haven;t walked away from that number, by the way, the incentives that we gave for foxconn to come tied to investment and jobs so this -- 10-million-dollar incentive didn't hit job number, again this is still in the air for us but if you are foxconn you have to consider the politics of our state. and

wiscsin lured foxconn with billions in tax incentives. the company in turn promised to create 13,000 manufacturing jobs but missed its hiring quota last year. >>> four days before the super bowl, nfl commissioner roger goodell faced a barrage of questions from reporters today. everything from on-field protests to that terrible call that may have cost the new orleans saints a spot in the super bowl. james brown reports from atlanta. >> brees' pass is incomplete. >> reporter: outraged fans have called it the worst missed call in nfl playoff history. >> that should have been a penalty. >> reporter: today for the first time nfl commissioner roger goodell discussed the controversy and acknowledged the officiating mistake. >> we're going to make sure that we do everything possible to address the issues going forward and see if there are improvements that can be made through instant replay or anything else. >> reporter: goodell says the league will look into possible rule changes, but the nfl has been opposed to making judgement calls like pass

foxconn, we've been hearing about this for a long, long time.obably blame paul ryan for this, too. it's a bad story. >> obviously the president is not pleased with that. and the after the president embarrassed himself yesterday. john thune saying i don't know how many times i have to say this, just stay off of twitter and, by the way, be quiet when it comes to intel. you've written about that. there's a growing chorus of republicans that are starting to criticize donald trump's foreign policy. what gives? >> for two years obviously republicans have from time to time spoken out when they disagree with the president. his view of foreign policy is radically different in some ways than the conventional president point of view. he's not a free afraider, -- trader, and he has been supportive of russia. republicans mostly kept quiet, from time to time asserted themselves and now you're seeing a rising discontent. they're nervous aboutpossibthis withdrawal from afghanistan. there will be a vote that would condemn precipitous withdrawal from afghanistan,

now, foxconn this morning. are two.ts problems. .ou look at foxconn this goes back to the first big story of the iphones in china. that is more to do with demand of these phones is. tom: what we are about is good conversation. we have got a terrific team with us. morris reid with us and john anthony gardner joins us, a former ambassador. he speaks the six languages i wish i could. he joins us. what is the secret to learning five languages? anthony: having an italian mother helps in marrying a spaniard helps. francine: it always helps. tom: we can stop the show right now. morris reid, save me. we are here. 4.0.e having globalization has there been a shift in the concept of globalization in politics and economics? anthony: there has been. there has been a move of being ande are looking challenging the precepts of an open world trade sitting -- world trading system. that is on the agenda. the side talks are the death of the liberal order. define that. define how that has changed. anthony: the importance of rules, like the

are based in china, at least their large factories are based in china foxconn has committed to investn manufacturing in the usa. but it would be a big shift to bring manufacturing back to the u.s. >> well, excellent that was peter richardson from counter point research i want to bring you fresh headlines out of the pboc in china. we are just seeing that the central bank is planning to cut the reserve requirement ratio by 100 basis points on january 15th by 50 basis points january 25th. so, altogether they are planning to relax those reserve requirements even further. they're calling this a targeted adjustment, not a stimulus it's aimed at increasing funding for private and smaller firms. they will -- this will lower interest payment costs for banks by another 20 billion yuan annually that's the estimation. so more moves by the pboc to try to stimulate and ease funding conditions for the chinese banks. >>> and coming up on the show, the democrats make a move to end the government shutdown, but president trump says he will stick to his guns. >>> welcome to "street signs." i'm willem mar

foxconn technology group, 50,000 contract workers have been let go of since october at the most importantone factory in china. that is according to a source being quoted in this report. normally these workers would have their contracts renewed every month from august to january. that is when the traditional scale back happens. it is important to point out the scale of the cuts of 50,000 workers being affected is not [indiscernible] we are just hearing about these cuts taking place significantly earlier according to industry resources. -- sources i should say. hirehey could have to at a slower pace. in wisconsin they committed -- they are committed to making jobs but they want to remain agile. the u.s. and china will hold a pivotal round of talks when it comes to this trade war. tom mackenzie joins us from beijing with will more. -- with more on what to expect. we had people sing in reported required. reforms are we had analysts saying president akenedcould be we given the shutdown. tom: all of these playing into the talks. what we are starting with, preparatory talks with chinese official

foxconn and the county reiterated that 13,000 jobs should be coming to the area.another question. it may differ on the promise made. great reporting. thank you for being with us. keep us posted. >> thank you. >> that is a big disappointment for that community. >>> nfl commisioner roger goodell breaks his silence on the controversial or might just call it bad no call from the nfc championship game. we'll have more in just a bit. hey. i heard you're moving into a new apartment. yeah, it's pretty stressful. this music is supposed to relax me, though. ♪ maybe you'd mellow out a bit if you got geico to help you with your renters insurance. oh, geico helps with renters insurance? good to know. yeah, and they could save you a lot of money. wow, suddenly i feel so relieved. you guys are fired. get to know geico and see how much you could save on renters insurance. prestige creams not living up to the hype? one jar shatters the competition. olay regenerist hydrates skin better than creams costing over $100, $200, and even $400. fact check this ad in good housekeeping. olay

market for their product isn't there and also foxconn has a record of making promises that they don't always keep. >> they don't always keep. >> all right. thank you very much. >> thank you. >>> a reported sinkhole in florida leads to a shocking discover that i nnow has the fb investigating. what was uncovered? that's next. a business owner always goes beyond what people expect. that's why we built the nation's largest gig-speed network along with complete reliability. then went beyond. beyond clumsy dials-in's and pins. to one-touch conference calls. beyond traditional tv. to tv on any device. beyond low-res surveillance video. to crystal clear hd video monitoring from anywhere. gig-fueled apps that exceed expectations. comcast business. beyond fast. >>> venezuela's self-ze clared president juan guaido is making his case for the legitimacy of his presidency in the "new york times" op-ed. he calls for unity among venezuelans and resleels secret meetings with the military for trying to gain support for ousting the president nicolas maduro. >> the white house announcing three nominees t

it called for foxconn to build liquid cryal display panels, and to receive $4 billion in tax incentives. and, the.s. house approved a pay raise for federal civilian workers today, in the wake o the government shutdown.o it amounts6%-- the same given to the military last year. majority democrats argued federal pay needs to keep upth he cost of living. most republicans opposed granting a blanket raise without performance reviews. still to come on the newshour: the connection between climate change andhe deadly cold sweeping the midwest. protesters take to the streets amid political upheaval in venezuela. congress grapples with border security ahead of another looming deadline, and much more. >> woodruff: more than 80 million americans, about a quarter of the u.s. population, pected to deal with sub- zero temperatures this week. it's especially brutal in places that are long used tdeep freeze of winter. dnnesota, for example, co break temperature records dating back to the 1800s. this blast is tied to a huge pocket of cold air, now known as the lar vortex. there are lots of questions about

elsewhere in investment-grade it saw foxconn down $37 billion, it will be spun off from 21st centurynd will pay a one-time special dividend to its former parent of $8.5 billion. in sovereigns, italy showing record demand of more than $41 billion for the first syndicated debt offering this year. the offering was $11.3 billion of march 2035 notes. still with me to talk about some of the issuance and what's happening in credit and fixed income more broadly is robert tipp, kathy jones, and eric stein. what do you think of that demand and the duration on the periphery? ms. jones: it's remarkable. i know things have settled down a bit politically in italy and there's a tremendous demand for yield and i think there's a belief that at the end of the day, draghi will do whatever it takes as long as he is still in office, to smooth things over. i think the timing was pretty good. jonathan: i'm not here to say what's a good trait or a bad trait, but i always feel like when there is bad investment in europe, someone follows up with draghi and whatever it takes. mr. stein: his term ends in the fa

we did get in contact with foxconn. you very much. now to the story that was rally in the market a little bit. the "financial times" reporting the united states is turning down his preparatory talks with lower ranking trade ministers ahead of the big one with the top ranking u.s. cabinet officials in this country because they do not feel the chinese are making adequate measures to deal with that sort of thing and spying on companies rattle the market that yesterday, with the close on the martin luther king holiday had been hoping the announcement would be made. market watchers just thought on this. the just is don't hold your breath for a trade deal. >> i don't disagree with that. i think it's a mess. eventually we will come to a conclusion to this because china needs the u.s. more than the u.s. needs china and i tank the u.s. will win in this trade to. neil: what were arguing about is something the chinese don't want included in the talks. we have said they steal our technology. technology transfers, every company that

the palast de republic was built in its place the seat of the east german parliament the foxconn and the venue for key events. german reunification heralded the end of the people's palace in one nine hundred ninety the building was closed due to as best as the discussion regarding the new image of berlin mr had begun. fans of the building fought to keep their power last year very public others advocated for the reconstruction of the prussian palace even erecting a huge market beside in the summer of one thousand nine hundred three. a third option a modern new building seemed to have no chance. on july fourth two thousand and two the german bundestag voted with a clear majority to reconstruct the old historic city palace. down to the tiniest detail a computer simulation was created. a lot of work. but nothing compared to the reality of executing the project. the presto the public and to be demolished then international architects were invited to tender their i.d.'s italian architect one costello won the tender his design is based on the baroque original just the eastern facade is mode

howie: if foxconn deducted that kind of super friendly interview with a republican there would have beenticism. there is a piece is rachel maddow a democratic king or queen maker. mara: i think that's silly. elizabeth warren is going to run in a democratic primary with a lot of other candidates and she'll be subjected to close scrutiny. but she'll be running in a primary that we have no idea how it's going to turn out. if we learned anything from 2016, the conventional wisdom is off. howie: i thought it was worth spotlighting her debut. thanks for coming by. after the break. bernie sanders apologizes to women harassed in his howie: bernie sanders ran for president last time. a number of female staffers complained about sexual harassment and were brushed off by their bosses. sanders did some damage control on cnn. >> i certainly apologize to any woman who felt she was not treated appropriately and if i run, we'll do better next time. >> to be clear, you are saying you did not know at the time about the allegations, correct? >> correct. i was a little bit busy running around the country tr

well it's affecting them directly and there are companies already making moves companies like foxconn the chinese manufacturing giant which manufactures apple's i phones thinking about moving factories to places like vietnam and india to get around the tariffs countries as well comic has also shifting their production in countries as well feeling the effects who are represented here like a straight a for example it's wine maker is being hurt it's homeowners it's currency i'll be talking to the finance minister matteis coleman later on today also be talking to the economist david autor who says that he believes they won't be a solution in the coming weeks when china and the us meet again for trade talks and we probably won't get a solution this year this is something that's going to be with us for years he says and then two days of this year's world economic forum are over what did we learn so far about the state of the world and how to improve it well if you open up the papers here you get some interesting headlines like elites without and says the world economic forum fuel the very p

workers havect been let go at foxconn's most important iphone factory in china.he seasonal worker cuts aren't deeper than previous years. they are just taking place significantly earlier. cbs and walmart reaching a multiyear agreement for walmart to keep taking part in the cvs pharmacy network. cvs said walmart was leaving its caremark network over a price dispute. up ratherkets moved sharply yesterday on a report from "the wall street journal" that stephen mnuchin had recommended or would recommend to the president he back off on the china tariffs. the markets gave back if there amount -- a fair amount. welcome now j brighton and paul richards. what should we make of this? report, andrly safe yet, the markets reacted. are the markets looking for something good? jay: probably. there's still a lot of negotiation left ear. -- left here. to mnuchin and it comes trade policy is more of a dove. there are some hardliners. we will see which one wins out with the president. i wouldn't be surprised to see some headlines saying we are not going to back up on the tariffs. c

think it's a good policy and in fact talking about waive subsidies i like to use amazon now but the foxconn example in wisconsin is a really useful counterpoint where it's interesting to think about something throwing a huge amount of money at foxconn to come to wisconsin and think about how that cuts across talking about policy decisions. on the one hand he would say that's the government i guess in a way. on the other hand a lot of things they were doing were essentially trying to compensate for all of the onerous costs. once you open up to an international economy you have an even bigger problem which is making complete sense in terms of saying we want to extend our market principles but if in doing that you include in your boundaries jurisdictions that are not employing free-market principles you create a real tension and so you know i don't know if a worker in wisconsin is especially concerned about whether we are big government or small government. we party adopted a policy that has to compete with someone who's being massively subsidize the morels. i think partly for economic especia

financial times claiming that 50,000 people have been left -- like cousins october at foxconn -- usually go as demand slows down after the christmas holidays. let's stay on here, the is movingapple supply some manufacturing to egypt. considering diversifying into the likes of vietnam and others with rising costs. to it is unlikely to be able wrap a projection in this country this year. it will take several months to actually build. rishaad: worried about weakening , the trade war is weighing on business. beijing toexpect make concessions, they don't think demand will bounce back quickly. china nice abuse private investment and not rely us.onetary and fiscal meal >> the momentum of consumption in china>> has been slacking off. that's for sure. we have a restaurant business, more or less premium. compared to last year, it is a 10% sale. i think chinese consumption lost confidence. yvonne: we are counting down the opening of the session in india. our reporter is standing by in mumbai. indian equities largely speaking struggled a bit last week. it was down 1.6%. .ow is it set up for today be

wisconsin tonight, state officials say they were surprised to learn that after president trump celebrated foxconn bringing jobs to their state, they are now reconsidering plans for a manning facility there. the chinese electronics giant planned to make lcd panels at a manufacturing facility there. now they may kwaet a, quote, technology hub instead. wisconsin was investing up to $10 billion in this. the original hope it would create 13,000 jobs. >>> there is still much more ahead on "world news tonight" this wednesday. the police standoff on an american highway. traffic backed up for miles both ways. the truck driver was armed with a machete. his truck surrounded by police and the news tonight coming in on this. >>> also, the sink hole in an american neighborhood revealing a secret tunnel underneath. authorities say they were digging to break into a bank. you have to see this. >>> and the frightening head-on collision between a yep and a semitruck. the driver in the jeep surviving this. we have news on his condition tonight. a lot more news ahead. i'm a bunch of wind. and just like your stomach a

howie: if foxconn deducted that kind of super friendly interview with a republican there would have beenre is a piece is rachel maddow a democratic king or queen maker. mara: i think that's silly. elizabeth warren is going to run in a democratic primary with a lot of other candidates and she'll be subjected to close scrutiny. but she'll be running in a primary that we have no idea how it's going to turn out. if we learned anything from 2016, the conventional wisdom is off. howie: i thought it was worth spotlighting her debut. thanks for coming by. after the break. bernie sanders apologizes to women harassed in his campaign. ♪ [ dog snoring ] baxter. it's bedtime. peace of mind should never be out of reach. [ voice command beep ] xfinity home. xfinity home connects you to total home security you can control from anywhere on any device. and it protects you with 24/7 professional monitoring. i guess we're sleeping here tonight. xfinity home. simple. easy. awesome. call, go online or demo in an xfinity store today. ? amazon prime video so when you say words like... show me best of prime vid