these case everybody hates ge. got clocked and the wall street journal published a story about whether ge capital may have hidden losses the stock swooned to $6.66 intraday i know, ominous number, and settled at $6.76 but the next day, the company was given a vote of confidence, or at least something that was perceived as a vote of confidence why did he upgrade the stock from sell to neutral it's surprisingly straightforward, as is everything this guy does his upgrade is all about the risk-reward. he said the negatives are now better understood, meaning down side is baked into the share price. he had a $6 price target on ge when it came down to $6 and change, he upgraded. however, what's important is that he didn't raise his price target and say the problems have been solved. in fact, he thinks the earnings estimates may need to be cut further, but he believes the stock is a reasonable valuation. maybe the new ceo, a very smart executive, can turn it around and navigate the company through this difficult period. on

think of china and all these -- europe you need an energy business out of ge, some sustainability >> is there any headline on the upside it's not geopolitical or macro but out of ge you're looking for. like ge operations like the actual company itself >> like i said before, we're looking for a $10 billion to $15 billion writedown. on the aviation side, you're starting to see a business where -- think about tail risks exposed to other companies when you have this credit

for digital assets you remember the whole industrial internet of thing, jeff immelt saying they want ge to be one of the top ten software companies by 2020 things have changed on that front and this company looking to turn itself around. they'll create that stand-alone wholly owned independent company for ge digital assets and they'll sell the majority stake of service max to silver lake. so getting clarity on that as well. >> what does he say has changed the most f you had to summarize

have real teeth guys >> okay, eunice, thank you for that one >>> we're getting more news here about ge and its restructuring efforts. it hit $6.66 at one point, that devilish number yesterday. now, the word today is the company is going to launch an internet of things software company. it's going to be started out to be funded at $1.2 billion industrial iot software company. it will be an independently owned company, wholly owned by general electric and it's already got customers, annual software revenue as i said of $1.2 billion and the company, ge has agreed

the move in ge. it was a big popper earlier. it still is up 8%, a little steam coming off of that pete ma jerian tracking unusual activity in a big bank stock coming up. najarian tracking unu activity in a big bank stock coming up. >>> we're live from los angeles with jeffrey gundlach. >> i do believe the narrative will develop that there are negative parts, unintended consequences to the negative parts of this tax package. >> 10-year will head up to 3%. pushing up for 3% will put a drag on the stock market >> a bitcoin drop. >> i think if you short bitcoin today you'll make money. >>> now find out how he's positioned for 2019. >> i said i need your best idea -- >> an updade on the trade he said to stay in for your children's education when the hftalime report turns to l.a this isn't just any moving day. this is moving day with the best in-home wifi experience and millions of wifi hotspots to help you stay connected. and this is moving day with reliable service appointments in a two-hour window so yo

market predictions, and charlie breaks it on ge's new new low. less than an hour to the closing bell. let's start the "countdown." liz: breaking news. this may be the moment when word comes out on at least the views of 185 conservative lawmakers as they publicly show their support for uk prime minister theresa may ahead of the no-confidence vote. 185. but the fact is that we have to see that vote tallied in truth. we have obtained one of the votes. we are going to show you what this ballot looked like and we will find out whether that bears out as any minute now, the fate of the british prime minister theresa may and her leadership of the united kingdom will be decided. in the tallying of that no-confidence vote put forth by members of her own party. ashley webster just feet from the building where it's all going down. ashley? ashley: yeah, that voting finished literally just minutes ago. we are told that the results could come relatively quickly so of course, we are keeping a very close eye on that. just 317 ballots cast. theresa may needs 159 o

. >>> and the call of the day, sending ge shares surging.the bottom could be in is it finally time to take a shot >>> and pete najarian finding unusual activity in a name, about to make a move based on its options activity morgan, see you in about 20. >> sounds good, scott. looking forward to it. >>> ge shares are up as scott just mentioned, taking the stock to neutral from under weight shares up about 9% the price target is $6 a share, saying that he is less negative on the stock as the number of unknown factors diminishes, saying key to the story is the outcome of the known unknowns in near term which are better understood and around which the debate is more balanced as opposed to overlooked by most bulls in the past. why this is notable, when stephen tusa puts out a note, it tends to move the stock, he has been largely right in the past two years. he was the first bear in the stock, downgrading it, warning on cash flow and potential health of the company in may, 2016 the fact that he is essentially calling a bottom is getting a lot of att

be: what could happen should starts figuring out pieces of ge that could be carved out.ach piece that brings in a lot of cash takes away opportunities for the company for the long-term. these are the ones that will bring the most money on the open market. if they sell the healthy parts of the health care business, they could get $10 billion. that should be the future. are you doing that to make it now? jason: there was an example of moving one company from connecticut to boston. jim: that is supposed to be the plan. they went from being a broad conglomerate to an industrial company. the focus was not on the right things. he made a big bet on energy. they were going to be big in energy turbines. they bought a lot of assets. that business has gone south. taking a $22 billion write-off in the last year or two. amazing how many bad moves were made. jason: i caught up with bain capital's comanaging partner. we talked about a lot of different things. i had to ask them about the dramatic decision made to make some good out of the demise of toys "r" us. people forget it was 15 y

with ge, you have to be analyst and accountant.enerally accepted accounting principles gets very complicated because of general electric's structure and how complicated their business is. interesting chart showing net income profitability. -$2.6 billion. on adjusted basis, you make it look positive. interesting. you have to look at profitability. i try to hedge my bets a bit and to start at the top line. you can't play around with the numbers. carol: great stuff. as ge stumbles, we saw debt fueled buyback under threat as creditors begin to get more demanding. jason: we have more on the company that jack welch built. john flannery did not quite fix it. >> the thing right now is that larry has possibly the hardest job in american business. take a falling star and put it back into the heavens. tough task. his predecessor only lasted 14 months on the job. >> no pressure. >> the board is anxious for somebody to get this right. if you can't get it right, you are going to be out. investors are very upset. they have tanked the stock. once

carol: we talk with the former ge vice chairman.or those thinking about fitting in in this ever-changing world and also the future of ge. jason: we look ahead to wellness and fitness. we caught up with the ceo of strava. carol: join us for a live broadcast monday at 6:00 p.m. wall street time for the bloomberg 50 celebration. jason: more bloomberg television starts right now. ♪ >> the following is a paid program. the opinions and views expressed do not reflect those of bloomberg lp, its affiliates, or its employees. >> the following is a paid advertisement from time life. robin: my name is robin williams. announcer: hold onto your hat. robin: for those of you one acid, this is a frisbee. announcer: the time has come for an epic event. it's mind blowing. most of all, it's genius. >> genius. >> genius. >> genius. announcer: t

and ge became the preeminent company. >> the reason ge became preeminent is it did move on its portfolior that jack did a lot to reposition the company from what it was when he found it this particular fray has not been successful. >> would you try to claw back income from jeffrey immelt >> i don't know. i don't think about that i'm certainly disappointed in his performance, but i'll let others decide that >> should i ask about the second plane? did you ever know about that >> about what? >> the second plane. >> of course not of course not. i don't know if it's completely confirmed that there was now, some people say yes, some say no but of course not. we didn't run it that way when i was there. >> honeywell, you had two planes following you, i thought in case the second one didn't -- >> and on the ground >> all right larry will be sticking around. i don't know whether we can glean anything else. we'll move onto something else next time. but ge is -- >> it's a sad situation. >>> all right. when we come back, reaction to news out of china that they are halting tariffs on autos the former

carol: we talk with the former ge vice chairman.or those thinking about fitting in in this ever-changing world and also the future of ge. jason: we look ahead to wellness and fitness. we caught up with the ceo of strava. carol: join us for a live broadcast monday at 6:00 wall p.m. street time for the bloomberg 50 celebration. jason: more bloomberg television starts right now. ♪ comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activecore, how's my network?" "all sites are green." all of which helps you do more than your customers thought possible. comcast business. beyond fast. ♪ david: you were happy with your successor? justice kennedy: over a very short time, you will see the system is working and the justices are working very well with their colleagues. david: do the justices lobb

with ge have to be an analyst and an accountant.ause the general accounting principle that the excepted accounting principle is ge's structure and how complicated the business fully is. we have a partner showing gap. report on an adjusted basis you can make the income of positive. really interesting. when you analyze the company you have a look at profitability. this is why i try to hedge my bets a little bit. play around with the numbers. taylor riggs joining us now. --stumbles as debt buyback creditors get more demanding. >> more on that company, the committee that jack built. .- jack walsh built >> the thing about larry right now as he has possibly the hardest job in american business. it all and put it in the heavens, especially as his predecessor lasted only 14 months on the job. the board is anxious for somebody to get this right. if you can't get it right fast you are going to be out. they have already tanked this. massive endorsement today, you're crazy to have your retirement there. it is down to one cent. because some inve

>> i like the ge health care business a lot the current ceo of medtronic came from there.t together last night. it's a good business it will do better independently, trust me. >> why >> because they need to spend more money on r&d. they need to invest more products and there's so much capability that it will take more r&d ge was really strapped under immelt flannery came in and fixed the health care business and now it's in a position under keiran murphy to grow but they have to invest i think larry made a good move i was wondering if larry would keep it because he's a health care guy but it was the right thing to do and lair kri now build an industrial jet engine power business he has to keep moving and i'm pleased with the speed he's moving with. but spinning this out, they can be a strong independent business and they have plenty of bulk to do it. >> thank you. >> thank you for having me >>> when we come back, shares of fedex getting slammed, on space for its worst day in ten years we'll tell you why and what the ceo is blaming for the company's weakness in guidance cut

it's been a horrible year for ge.ompany lost nearly $90 billion in market value this year and the dow as well. how can they turn things around in 2019? joining us as karen ubelhart, will it be enough to staunch the bleeding? : i think he's going to continue to try to generate cash. there was talk more recently that there would be health care had setich the company a year and a half, they would do that. i could easily be pulled forward. have $75 billion in enterprise value would be a good estimate for that. they plan to monetize maybe 20%. i think he will do more that his real cash they need to stabilize the finance and -- toilet,it's in the $7.49. where does he need that stock price to be echo karen: he's got -- thatt up in the high can take big moves. power thatews out of borders have turned or the bleeding has stopped when i the stock and it has been some upgrades. more of those will help as well. we are not going to get out of earnings which is coming in a couple of weeks, so it's got to be more actions i guess. vo

ge is trading up. nasdaq is rising as well. this is bloomberg. ♪ guy: live from london, i am guy johnson. vonnie: and i am vonnie quinn. we are back with dominic konstam , deutsche bank's head of global strategy. the leadership confidence vote was survived by theresa may, but what happens next? is there a deal and an orderly exit on march 29? guy is laughing. clearly there is some skepticism. dominic: i think right now, the issue is seeing any kind of compromise coming from the european union. of possibleyriad paths this could go down. it would appear that the clock is running down and that will determine whether or not there is a hard brexit or this deal itself is accepted. i think there is a time decay situation now. interpretation, the margin is swinging more towards a softer brexit. vonnie: what does that mean for sterling because they have seen a round-trip the last couple of days and we are back at 1.2634. sterling looks pretty undervalued in our views and obviously to the extent there is a soft brexit, it is clearly unde

ge is a classic example.your money, i think a balanced program of steady dividend increase all the time and only when you have not gotten no use for that money at all. you satisfy yourself i can't put anywhere where it makes sense thinking of the funeral. it is a simple common sense decision to me >> home depot demonstrated a great ability to generate a huge sum of cash. we are not going to open more stores we are making our business better >> but if you can buy low and sell high makes sense. all ceos think their stocks are under value. >> ge, $100 million. >> mike jackson, it was brillia brilliant. >> ge did not have reality for what they had. >> right >> i will give you one that i think is a screaming -- this management has done an incredible job they did the biggest deal and they absorbed it and look at the cash flow. so what i am saying is i think it is in discriminate and i think that's one on the other hand, look at jamie dimon and brian moynihan, these banks are strong and balance sheets are better and

so a 75% drop in ge, versus a 72% gain in the s&p. reason why, again, we oftentimes, becky, berate analysts for not getting ahead of the curve an interesting note here from an analyst who has had it ready for quite some time now may be calling for less bearish >> that's why the street is paying attention today,dom, because of who this is, the guy making the call on it. >> absolutely. that's one of the reasons we're seeing it. i checked about 20 minutes ago, already 1 million shared pretraded up by 9% or show >>> let's get back to our guest host former u.s. defense secretary ash carter secretary carter is now with harvard's belfour center he directs heir public purpose programs secretary carter, let's talk about what we've been watching with technology. getting brought before congress, google this week, sin dundar pii what did you think of the hearings >> let's start with the positive, you're right this is an area where maybe in a divided congress we can come behind something that the country really needs because this technology issue

ge could cause a real risk to the economy. one of the greatest analysts of our time toldis jpmorgan clients that he's going from a sell to a hold on the stock. he's been the biggest bear, and boy, was that ever right remember when ge stock was at $28? he was trying to get you out of this stock at $28. immelt said he would be dead wrong. oopse! looks like steve knew a lot more he believes that the new ceo should be doing equity offering to ensure ge has enough cash, while he spins off assets to raise capital. if he does it, i bet he might be temperatured to go from hold to buy, because for all the ge talk, business is pretty darn good in if aerospace and that's the whole point of this exercise. there's enough conflicting evidence that the economy is slowing, perhaps even dramatically i think the fed should wait and see before taking additional action but these big unemployment numbers say the fed must raise for certain. i'll let the fed give us the quarter point hike next week it's not ideal after that, they would be nudged to

is this the ge bottom?ch giant announces a new billion-dollar campus in the lone-star state. we have details. >>> volatility reigns supreme. stocks higher, just barely, as investors look at the latest developments surrounding the ongoing u.s./china trade war. >> and a big interview that you will not want to miss, the ceo of under armor kevin plank along with his number two, president patrik frisk will join me on the heels of their investor day and 10% stock slide. the street was disappointed with targets that sent shares slower, they are slightly lower again this morning we'll talk about what they spelled out for the future and what kind of innovation they have. >> the major averages are slightly higher. positive developments in the china trade discussions boosting sentiment but investors seem to be holding fire. what comes next? let's break that down with mark zandi and jeff mortimer. jeff, seems like you've turned more cautious on the equity markets. what are we going through? does it seem like just kind

to give something to the senate to consider. 217-185 was the vote. 177 democrats, all of them voted ge against it. we've given the senate something and now what we have to do is see something on paper. in the real world, most families that negotiate for a house, i'm in the real estate business, if you don't like the price of a house you come back with

more the readthrough, that ge is not representative of. >> fantastic.e, thank you very much indeed. continuing, we are the oil discussion. we are going to take you from there and don't forget, we got a commodities special coming up that airs 1 p.m. in new york, 6 p.m. in london, so that is coming up right here on bloomberg. >> live from london, this is bloomberg markets. it is time in a for our stock of the hour. and it has been a busy few days in the news for this particular story. purchased a controlling interest in london's number two airport. the deal is worth more than $3.7 billion. it comes a week after the airport was closed by a drone scare. joined now from bloomberg, a take on this. the timing is interesting. i'm presuming this deal is been in the works for a long time. yes, the timing is interesting because obviously we are amid investigation into this. it's very chaotic and we are not , so it is now interesting, and obviously the other interesting timing aspect is that we are three months away from britain leaving the european union and the m

did get a fade at 2:00 has been a little bit of a habit, that rallies ge

you covered ge for a long time this call as well. break down the upgrade for us. what is it about >> let's put it in perspective a little bit you're talk about the $6 price target staying away here why it is moving ge shares so much today which is up about 7%. steven at jp morgan downgraded the stock in may of 2016 when it was still a $30 a share stock on cash flow and other concerns around the company his calls have largely been right. for the analysts to call a potential bottom here. investors are taking notice. his reason, key to the story is the outcome of the knowns and unknowns they are better understood and around which the debate is more balanced it is w40holly owned. it would get a new board of directors. ge is going to sell a majority stake in the service software business that news is adding for clarity to the digital assets which had been a big bet under previous ceo. shares are up about 7% right now. it is only about a 50% increase. they are still down about 60% year to date >> it doesn't get you that far back in time in terms of where ge traded befor

right now, the stock is having, well, for ge, a great move, up 7.5%. it is now 21 cents above the $7 level, the biggest mover in the s&p. ge of course has this announcement they were going to go heavy into software for the internet of things, so suddenly, people think that was the bottom. we shall see. >>> to the white house and president trump today, expressing optimism about a china trade deal while at the same time, waving a red flag in front of chinese president xi jinping in the form of a new tariff threat. he also threw shade at the federal reserve and general motors moved to close plants and relocate some production to mexico. we thought let's bring in blake. you have been at the white house and had a look at the many economic headlines from this exclusive fox news interview, and obviously, all three of these issues matter very much to our business audience. reporter: this was an interview, yes, with fox news earlier today at the white house. the president talking about the trade deal with china right off the top, or the potential of a trade dea

ge, let's start there.ut of the dow in 2018 and here we are, talking about this company, this bellwether, this icon in a way that we have never really talked about it or. what happened? >> well, there were a number of missteps. operationally it was power and they were too optimistic. they did not downsize, the world changed in terms of what kind of power equipment people are buying. then all sorts of unexpected liability, problems in the missed theou almost good things that are happening because these things are overshadowing a great aviation and health care business. they had made that acquisition, would it be a different story in terms of general electric or not? >> the problem would have been less, but the pieces of asinesses are not doing badly as the gas business. siemens and mitsubishi had the same problems. they got on it quicker. has a better geographic mix, but ge was late to the party and there are some theories on why. one of which is, there was a running race for who was going to be next ceo, on

. >> a six figure budget deficit has been threatening the future ge prince ge's county schools until this announcement. >> two weeks ago i opened a t letter andre was a check from an anonymous donor for $200,000. >> that money is moreohan enough keep holy family catholic school open. it bught teachers, parents, and students to tears. >> t relief and the belief in someone seeing that we have a spial mission to help continue catholic education for our students in thisommunity is unmatched and it's so overwhelming and i'm so grateful, so grateful. >> thanks in large part to what the school calls it's angel donor, they raised more than a quarter of a million dollarsn the last six weeks. >> there are angels that walk among us. people that d't ask f credit and just want to do good in the world. god bless them. >> absolutel right. >> chuck bell, this weather, man. >> yeah. >> yesterday, all of a sudde the bottom dropped out. >> i agree. it was a beautiful day yesterday. a little warmer than forecast, so i could have been upset about th but iwasn't. i was outside enjoying the 62 degree wermt

so ge appliances tested finish on over 5000 dishes proving dish after sparking dish that it's not just clean,ed it's finish switch to finish quantum. recommended by ge appliances. >>> "news 4 today" starts now. >> developingovernight, chaos in a french christmas market. ans gunman ope fire killing three and wounding seven others. this morning the latest on the manhunt underway to find the person who pulled the trigger. >>> one thing i tannk we agree on is we shouldn't shut down the government over a dispute and you want to shut it down. you're talking about it. >> the last time, chuck, you . shut it do >> no, no, no. >> drawing the budget battle nes. an oval office negotiation turned into a shouting match between the president and top democrats allhile the clock quickly ticked towards another partial government shutdo. good morning, everyone, on what is already a very busy wednesday. i'm eun yang. i'm aaron gilchrist. 4:30 right now. we want to kick things off wheh a on your forecast and your commute. with a mollet standing by a check on your roads. >> we start with chuck bell. decembe

at ge, he was in charge of a multimillion-dollar budget and thousands of employees, including his hire2010, andrea sneiderman. police asked neuman to come down to the station for an interview. it turned into a 5 1/2 hour interrogation. >> you're shaking, you're turning, you're twisting -- >> hemy neuman appeared nervous and told the interviewers repeatedly that he had been at work the day of the shooting. >> i was not there. i did not pull the trigger on the gun that shot sneiderman, rusty sneiderman. >> the cops sweated him. >> don't raise your eyebrows. i'm telling you, you were there when rusty got shot. >> a few hours into the interview, it looked as though hemy might have something to tell police. >> you're this close to telling me. >> telling you what? >> telling me why this all happened. >> but then he shut down. even so, detectives thought they had enough evidence linking him to the crime. they arrested him and charged him with murder. then, an amazing turn of events. after his steadfast denials, the engineer admitted that, yes, he was the shooter. but he said he was not guilty

recommended by ge appliances. >>> thank you. >> there was no big winner in friday's megamillions.gat means. it's $415 milli theh largest in its history. >>> the plant thousands of all ofs. one key piece of news may have slipped under your radar. it shift focus to autonomous vehicle and tenologies. here with more. >> reporter: anet morning routine hasn'tha changt much over the years. get her boys up and fed, pack lunches, kis for the day.goodbye d now she's leaving the house too. heading back to work at gm as an engineer after taking 15 years off to be a mom. it's part of an initiative called take two aimed largely at women just like annette. > i would have never believed that years ago when i was going to stay home did i ever even have any idea i was going to return in my 40s doing the same type of role whe i was in my 20s with a completely different outlook. >> i've learned tremendous amount. >> reporter: it's a 12-week pay tryout, a chance for them to see if the timing is returned and r the company to see if their skills fit. >> the seed that was plant is blossoming now in my li

because what is in ge credit and what else could catch us by surprise?ld paydown some debt and stabilize the financial side as well. vonnie: one of the stocks down lower to close on a tough year for ge. i thanks to karen ubelhart. let's get a quick check of the markets as we had in to the end of the last session before the new year. you can see that stocks are still higher but they are raising those gains in the s&p up .2%. the nasdaq up .1% in the dow is up .6%. hong kong about to celebrate its new year. this is bloomberg. ♪ vonnie: 11:00 in new york and 4:00 in london, live from new york, this is bloomberg. ♪ vonnie: you're the top stories we are covering from the bloomberg and around the world. u.s. equities higher in the last day of trading of 2018 and so december --t been a it has been a december slump. most of europe is closed. president trump reports big progress in trade talks with china as the president france for a new congress and the year ends on a 10th day of partial federal shutdown. it's been a milestone year for the telecom industry. we a

recommended by ge appliances. provided by -- ♪ >>> should tiffany haddish host the oscars?aturday night live" had some fun with it. is the real tiffany haddish ready to take over the oscars? >> tiffany just addressed it for the very first time. >> i'm not hosting it. i'm not trying to host it. i would like to get another two, three years in the game of hosting everything before i do something that big. also, i've said and done a lot of things that i don't want to apologize for. i got your back, kev. >> she said what she said. >> that's right. maybe a few years down the road. she would be fun. >> yeah, give her some time. >> bye, everybody. ♪ ♪ (music: "the rip" by portishead) ( ♪ ) gucci bloom. the fragrance for her. gu♪ci bloom. ♪ acqua di giò. absolu. the new sensuality. giorgio armani. for specific beauty, the doctor-developed skin care system made specifically for you and you and all of us with melanin-rich skin. formulated to help reduce the appearance of dark marks, hyperpigmentation, and uneven skin tone in as little as 14 days. featuring the star of suits, gina torr

you're talking about the largest in ge. boeing sales. >> if they put out an announcement saying we're having an auction the model that was ge no longer exists what would the stock be worth? >> well, nelson peltz and the most brilliant financeers in the world have that. >> rich just asked why the fed tells people what they're going to do. it forecast and told the public it was going to raise rates. now you're telling me that the increase in rates was a problem for ge did they not prepare for a higher overnight funds rate? did they ignore that >> there was nothing they could do about it. >> the whole business model is set up that way. >> i think what rick is saying, when you keep rates so lo for so long, there's an apathy. you're talking about hundreds of companies that have been hanging out of that front end of the yield curve. this company has paid $12 billion in dividends >> there was like a two-year lead i'm thinking of raising rates, really thinking of raising rates. i think i'm going to raise soon. you know what? i'm go

recommended by ge appliances. >>> fight for your lives before it's someone else's job. >> on februaryh, 2018, a gunman opened fire on marjory stoneman douglas high school prompting a student-led movement. the biggest story on nbcnews.com for 2018. bill cosby's verdict was the second. next the investigation surrounding the nomination of a supreme court justice kavanaugh was widely reported and that's spot number three and four. number five was the successful rescue mission to save thai boys from a cave. and once again kavanaugh's investigation, and the thousand oaks shooting and the terrible torture of 13 siblings in california. >>> lady gaga is getting all of the applause. she wowed fangz during the debut of inigmu, her las vegas show. the run wraps up november 8th. it will be comprised of both inigma and a jazz and piano show with a stripped down version of her hits. >> she's so talented. i finally saw kwae "a star is born". she's terrific. >>> curtis jenkins a bus driver in dallas, texas, asked every kid on his bus what they wanted for christmas. every child got what they wanted. th

recommended by ge appliances. ♪ >>> justin's better half, haley bieber lit up the versace show in new blake lively turning heads. not so fashionable the singing unicorn. however, it is blake's man ryan reynolds. he is one of a kind. >> check it out. ryan surprised everyone for this crazy japanese singing competition that is hitting america. >> this could be the most >> hey, jenny mccarthy here. i'm on fox's set of their game show "the masked singer." >> listen closely. there are stars under those crazy costumes competing for a single title. >> they go above and beyond to keep it a secret. i mean it literally is like the fbi. >> i feel like i know that voice. >> nicole joins jenny along with ken jeong and robin thicke as the celebrity judging panel. >> if singing is not their forte then you find something about their swagger or their energy or the song they chose. you find the positive in it 'cause we're not here to rip anybody down. >> see, such a nice guy. >> jenny gave us an exclusive tour of the set. >> look at the stage. it is to me one of the most gorgeous stages i've ever seen i

they're right up there >> ge is up 2% today this is the day for ge ge is so -- >> by the way, ge, 666ention yesterday crisis low >> larry culp is doing everything he can. new board members and trying to get a lot of things behind them. there is so many ghosts. as soon there will be the ghost of christmas past there. >> and they are haunted by tusa. >> they are the whale. >> jim, nvidia is down a percent and a half reported on this news that soft bank will sell at a profit of $2 billion >> would it be great in they do it at 280. the more i study nvidia, it was impossible to know where those gaming parts were going. who know how big crypto mania was. insurance people were buying nvidia cards and amd card. they did not know. if their defense, they did not know but, at 145, do you get rid of it the touring chip that's not written by for some of the gaming companies, it is no good. so you are dealing with the product gap. i can understand why nobody want to go there. a lot of great company by the way, you know what i was looking at the other day, lamb research there is a growing shortage o

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used to be that ge was the great bellwether, you saw the market and ge charts disagreeing, you want toey lost that role because of il its own problems and apple has taken it over. it wasn't good to see apple breaking down the last three weeks. now that it is leading the way higher, i expect that strength to bleed into the rest of the market, start instilling more confidence. >> tom, always great to get your thoughts thanks for joining us. >> thank you >>> and coming up at the top of the hour, bond king jeffrey gund gund gundlach sits down with scott walker >>> first, rick santelli had a busy morning, but isn't done yet. what's on your mind, rick? >> jon, we have to discuss some comments made by peter navarro that's what we're going to talk about after the break. duncan just protected his family with a $500,000 life insurance policy. how much do you think it cost him? $100 a month? $75? $50? actually, duncan got his $500,000 for under $28 a month. less than a dollar a day. his secret? selectquote. in just minutes, a selectquote agent will comparison shop nearly a dozen highly-rated life

and they do not ge it up. 28-13, thefinal.hit. >>> the wizards are dealt with plenty of drama so far this season, so, a match-up against the kcks might be exactly what they need. for whatever reason, the wizards have their number,ncluding eight straight wins at m ison squaregarden. the world's most famous arena. pete davidson in the use. about yan that grande not so much. and live from new york -- it's bradley beal! lay-up beats the buzzer to end the first quarter. come on, guys,-hat was - >> it was good. >> i could tell you acticed it. >> beal had 27 points. that's a game high. third quarter, thedi "d" to some "o." markieff morris with thek fini. chout this play. very next play. steal. with the look at that, behind the back lltlet pass from morris to beal to wa. we'd love to see more of this. i think. wall, 18 pt us 15 dimes. wizardsti ce their dominance over the new york, beating new york 110-107. >>> former nic gre eer knicks g ewe in ewing and the hoyas o takinn liberty tong. mac mcclung gets it to later in the half, mcclu

but they said that he did ge everything up. he only pleaded guilty to one count oerjury.o that -- that is zero to six mont apparently. the sentencing guidelines are different for the one count in contrast, of course, to cohen for which those tax violations are very, very serious and it's a much higher penalty so that it would be really impossible for him to avoid jail time. robert: and flynn met with ambassador kissly ahe russian ambassador during the trantion. brings a lot of thoughts about that transition. you covered it,hil. >> that's right. there was a discussion betwe flynn and kissly about the sanctions imposed by the oba administration to punish russia for their interference in the 2016 election. one thing that sticks out from the mueller filings earlier this week about flynn is at he's tet with the special council's office 19 sepa times. that is a big number. that's a lot of corporation. yo wonder what he was saying in all of those meetings. we simply don't know. it h the president and people in his orbit quite worried. >> david ignatius according to the filing, h

>> i think the scary thing about the graphic is the ugly is down right ugly we're not even throwing gen there yet. when you're looking at the acceleration of the downside of these household names, and you own them in your mutual funds and 401(k) obviously they caught a bid this week with the news out of the fed. we know that there's another fed meeting on december 19th, and to me, i think you have a situation where some of this initial enthusiasm could wear off over the next couple of weeks, if there's nothing big on the trade front. i think bank stocks close near the end of the year. the under performance has been horrendous, not a goldman sacks or a deutsch bank but headlines out of names like those, you're going to see the bad move into the ugly category. city bank is the one i want to focus on they are focussed on valuation, but the thing acts down right horrible down about 20% from its 52-week highs. look at that chart right there 60 bucks, where it just bounced off seems like an important level. goes through that in early 2019. you're going to have a stock in the low 50s. you hav

and canadrs ge from here and what that might that mean for revestors? we joined by john rutleese chief ient officer. do you think a an escalation. >> i do.he like person who was just speaking, you know, my eyebrows are raised overthis, specifics of this thing. arrested at the time she and xi and trump were having dinner buenos aires. she was arreste saturday. and the hearing not until tomorrow. the storyndas kept wraps until today. this has politickings written all over it. the chinese -- xi --ou know, her father is an f.o.x., friend of xi. and friends of xi. xiill lose face in china if they don't do something to smack us back for thist it's alm guaranteed to do that. >> all right. >> what i would worry about is u.s. busines people in china. >> and what do you mean by that? obviouy there are number of very large scale companies that -- that do business in china, have relationships with chinese companies there. what might the chinese d and what do you mean by you'd be worried about personnel. >> well, the people have talked about how we are in a good tra

recommended by ge appliances. transamerica. it )s fogg >>> welcome to wednesday morning.francisco city by the bay. very picture-esque there. a little haze and fog out there. not as much as yesterday at least. clear in other parts of the bay area. we'll check the full forecast in moments. thanks so much for joining us. i'm laura garcia. >> i'm marcus washington. coming in i saw a mist of sprink wills. >> it's going to be humid as you get ready to head out the door. here's another look of the low clouds and fog. misting and drizzling. we can see it here on our san jose 101 camera as you get ready to head

the dolphinsot their miracle, and they win the ge by one point. punched their ticket to the playoffs with an overtime thriller against the baltimore ravens. patrick pahomes continues his mvp season and dn't even look where he was throwing across the body across the fold. he finds h l for 48yards. that was on fourth down. the chis went on to tie the game and then win it on a field goal in overtime. >> all right. let's check back in with bill karins to seeome of the mess that people are dealing with after a week of storms. >> giving them a niceelt and nice dry period here. today we're still dealing with the rain and the snowshowers out there. as we go throughout the week, ndght wintry mix in the middle of the country, thn a rorm heads to the east koers by friday. maybe we'll get rid of some of the rain and snow. stay tuned here for more on "early today." manual to an elec toothbrush. but my hygienist said going electric could lead to way cleaner teeth. she said, get the one inspired by dentists, with a round brush head. go pro with oral-b. oral-b's

so ge appliaing dish that it's not just clean, switch to finish quantum. >>> travel consideration provided by -- >>> real housewives past and present made the nice list at the dailymail.com holiday party. also there martha stewart. she told us about her gift giving plans. >> well, i make a lot of products as you can imagine. this year i'm giving down vests that we made. >> how can i be down? >> martha had a lot more to say about her appearance on williams where she admitted she about her appearance on williams where she admitted she tried this is my paris, follow me. ♪ mon paris. the feminine fragrance. yves saint laurent ok i'll admit. i didn't keep my place as clean as i would like 'cuz i'm way too busy. who's got the time to chase around down dirt, dust and hair? so now, i use heavy duty swiffer sweeper and dusters. for hard-to-reach places, duster makes it easy to clean. it captures dust in one swipe. ha! gotcha! and (new) sweeper heavy duty cloths lock away a twice as much dirt and dust. it gets stuff deep in the grooves other tools can miss. you know

recommended by ge appliances. >> time for our daily ariannal grenade update.sic video has now generated over 120 million hits on youtube since friday. >> that's amazing. > she's killing the game. there's more because she's also been named billboard magazine's woman of the year. >> she's doing it. you know who else knows how to generate some hits? miss dolly parton, yes, indeed. >> are you trying to go country. >> i am country. in many part two of my interview with the icon and jennifer aniston, i had to know how the dolly dazzle found its way to dutch ling. >> i want to be happy. >> when they approached you about having a movie with like your songs, how honored were you for this opportunity? >> very honored. when they asked if i would write some additional music for it, i was more than happy to do that. >> my, it looks like the miss america pageant out there. >> jen plays a former beauty queen in dumpling whose plus sized daughter enters a pageant. >> what's it like to hear dolly parton say jennifer is my friend. >> i'm do i dying on the inside. it's been pinc

his girlfriend cassie medovroua ge oh, my god.e proposed. >> itea m because of what we had already gone through. >> the couple is staying with friends until they decide their pararedise or if they'll start'l their lives elsewhere. yoitkies tracks rando pm peoplef list. coranversa ationls with other passengers, even your phone use anything. critics of the program say it targets people based on race or nationalities. the tsa denies that is thecase. >>>appening today,om epalonynil first tunnel in t t spacexcaus underground to l.a. traffic. musk says modified aom c wl be lowered into the tunnel and eventually musk plans t coeatre >>> next at 6:30, jon gruden's emotional response about the raiders leaving oakland. >>> hopefully you don't plan to ride scooters without strict regulations because that could all change today. >>> the east bay has been our trouble spot on the roads this morning. we have a sig alert for a crash westbound 80 near el portal >>> watch out. a baby on the streets of soutrnia.hed police officer w >>> will san jose put brakes on electric scooteral e pg&e now revealing th

recommended by ge appliances. gate bridge >>> good thursday morning to you. 4:30 right now.den gate bridge. beautiful shot to start off the morning. it's thursday, friday eve a lot of people like to say. thank you for joinings us. i'm marcus washington. >> good morning. when it's that clear it's cooler because we don't have our cloud blanket. >> that's right. you know basic meteorology. >> all right. i did it right. >> we'll have a warmer afternoon, too. here's a live look in san jose at christmas in the park. yes, it is a cool and crisp morning. and we are going to have a very nice afternoon. let's go to evergreen, we'll in the low 40s as you step out the door and reaching into the upper 50s by

switch to finish qua recommended by ge appliances. >>> fast forwarding into monday. colorado man accused of murdering his fiancee will appear in court as a judge decides on a gag order request filed by his attorneys. 31-year-old patrick frazee was arrested last week on suspicion of killing his fiancee, 29-year-old kelsey berreth. authorities still have not found her body. she was reported missing on december 2nd. >>> there was no big winner in friday's mega millions drawing. that means tomorrow night's jackpot is now $415 million, the eighth largest in the drawing's history. >>> and "nbc nightly news" anchor lester holt will be among a group of distinguished journalists who will be honored by pushing the button to lower the new year's eve ball in times square just before midnight. >>> well, as the year comes to a close, it's a fitting moment to reflect on those who serve, members of the military who are putting their lives on the line in afghanistan, iraq, and other war zones. nbc pentagon correspondent hans nichols introduces us to some of those who made the ultimat