. >> so yes, charlie hassing knowledged his behavior was inappropriate, he's now working on ways to correct that. >> hallowell is on a leave of absence, seven managers at one restaurant resigned after the allegations surfaced last month. >> there's a real opportunity to change things. >> reporter: 150 employees now work at hallowell's restaurants. as of right now, no lawsuits have been filed. >>> stanford university has dropped a plan for a plaque on the campus site where a woman was sexually assaulted by brock turner. the school announced that decision today after the survivor and the university failed to agree on a quote for the marker. stanford rejected two quotes from the victim that stanford did not feel was appropriate. so the victim decided not to contribute to the plaque. >>> the woman -- sky 7 7 7 7 the home of 55-year-old therese haddox off of feller avenue. haddox was mourning the recent death of her elderly mother and the deaths of her son and a housemate from years she suffered a long life threatening wound and will face felony charges. >>> just about an hour from now, presiden

stock market, as reflected by the dow jones, hass reacached histororic highs. these are not the signs of an economic system that is broken. they are in mexico at the end of february and in play is the upcoming mexican presidential election and the u.s. midterm vote in november. >> time for a check on the markets. how are they looking? >> new data shows 2017 was best for europe the best in a decade. mining and basing resources down. siemenst dax down as with a net loss for the recent quarter. let's look at more top news headadlines. a formal a agreement with a britisish associations, the firt union recognition by the irish locals carrier and means unions will be involved in negotiations on pay, and scheduled holidays. this was after scheduling errors that caused flight cancellations. u.s. treasury department has listed some businessmen as kremlin oligarchs. it does not mean the names will will havee for -- u.s. sanctions. french retirement workers on strike, demanding resources to properly care for the elderly. demonstrations taking place to allow workers to con

he is diametrically opposed to president donald trump, who hass imposed punitive tariffs on a range ofmports. >> many societies and countries are becoming more and more focused on themselves. it feels like the opposite of globalization. the negative impact of this kind of mindset and wrong priorities cannot be seen as any less dangerous than climate change or terrorism. the speech was regarded with a claim from the participants at davos. >> i think it is a great time for this. to collaborate with other countries. >> promoting climate change is our number one priority. >> modi is also using davos for the sector he intends to expand forcefully. on day two,, davos turns his attention to europe as well as german chancellor angela merkel. italy and greece are also expected to attend. javier: criticism persists that it is a meeting of the elite that does not always pass on wealth to all sectors of society. fofor more on that, we will talk with helena humphrey. >> they certainly do have inequality report. 82% of all of the wealth generated last year is now in the hands of just 1% of the popul

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russia hasse, motivation to do this, and has the ability to do this, with the russian cyber army, cyberackers, who are the greatest in the world. that is my opinion. >> i will also say, and i do not know what you would say about it, we had a publisher of meduza, and he probably would have ejected to -- objected to -- he was a they are a good the unitedut in states, they would say they are not. question right there. hi. intelligenceive analyst. much of the conversation about hackers has been dominated about the election hacking, information warfare, and propaganda. the last couple of years, we have seen an increasing number of hacks in western europe in are remarkably sophisticated and growing, which are targeting structure and appeared to be almost someone testing how to cause mass disruption on a kinetic level. in the last year ukraine got hit i crash override, which is an application of -- which disrupted the iranian program. while we are seeing this disinformation and propaganda on the surface, is russia also investing heavily in these kinetic cyber weapons which could be deployed wh

the continuation of cloud growth in the mid-30's and the continuation of market share hass in the infrastructure slow growth in the market. for us, strong growth because we continue to gain share as the networks infrastructure continue to upgrade. we have been a beneficiary of that upgrade. aboutition, i talked where we sold the products and how we sold the products is important as well. unit volume was up 8%. asp's were up 10%. customers are buying the high-performance front is. s. high-performance producta we talk about selling more than just cpus into the data center environment but other adjacent products. the adjacent product growth in the quarter was up 35%. >> to that, as you face your microphone, i will give you a break -- fix your microphone, i will give you a break. i was talking to our semi conductor person at bloomberg news and he talked about because of the chips -- the cost of the chips, the price going into the server farms is high. $13,000, and the price continues to rise. >> it is a function of performance. we continue to deliver higher and higher performance that makes the econ

and i think people are reluctant including all of us to say, oh, my gosh he lied or oh, my gosh he hasse does things repeatedly that you know are hard to explain but we don't want to o evented anybody. >> doesn't let journalists off hook when they make mistakes involving a president. >> -- i see no reluctance to call trump all sorts of things most precincts of the press maybe certain folks want to hold fire but i think, definitely some recipients of awards networks that really are deeply hostile. >> what he should have gone after them for not mistakes they've responded to. >> there is one first on list, this was you know "new york times" columnist paul krugman famously protected dedicted sto market would never recover from trump election wrong. >> a new guy getting it wrong. >> white house taking a shot at hack that is all it was the thing to me about these awards, it was a letdown, trump is such a showman when i saw just press release rnc i stopped paying attention. >> rnc web site crashed made me wonder whether debate in white house maybe we should not have president on camera play dow

ahead, what is driving global growth from sergio ermotti and john hasse us.nomists cars may be on the markets sooner than you think. >> i would say 2021, 2022. abigail: more of the week's top business headlines. a bit great champion -- a bitcoin champion. as his crypto net worth is concerned, he has all in. abigail: this is bloomberg. ♪ ♪ abigail: this is "bloomberg best ." it's continue our global tour of the week's top business stories in asia were north and south korea held their first formal talks in more than two years. north korea said it will send athletes in a high-level delegation to the winter olympics in south korea next month and wants to resolve issues through dialogue and negotiations. delegates said south korea once both nations to march together at the games. torch. sides are holding mood,rall, a positive because both sides have a lot to gain, at least on the olympic issue. the south koreans kick off the internal limit -- winter olympics when month from today. they won't -- they don't what the specter of war hanging over the olympics. north ko

thousands of americans have been killed, nearly 2500, and , and s hass cost over $1 trillion. "60 minutes air a full report on the situation and they give us an exclusive preview. watch this clip of 60 minutes correspondent lara logan describing what it's like for the u.s. military in afghanistan's capital. >> a few years ago, american convoyss regularly drove on the airport road below. now the view from the helicopter window is almost anyone will see. they'll stay behind for the rest of the time in afghanistan. we wanted to know what it says about where we are in this war if american troops can't drive . >> it's a country at war. a capital that is under attack by a determined enemy. >> no u.s. general has spent more time here then john nicholson, the commander of american forces in afghanistan. speak it we do everything possible to protect our forces. protecting the lives of our that's her number one priority. if we can fly instead of drive, that offers them a greater degree of security, then it's the right thing to do. >> in military terms, that's called surrendering the terrain. >> i d

plaza de chavez has has has hass transformed into a holiday once more. many schools and businesses are bringing awareness to causes they care about. admission is free. christmas in the park opened just a short time ago at 9:00 this morning. >>> still to come here on abc 7 mornings, the biggest recall involving airbags in cars is getting even bigger. >> that water surprised me. at this point i'm not really surprised by anything. >> a new type of water gaining popularity in the bay area, but health experts say it's >>> welcome back, everyone. we're starting this half hour as we always do, taking a look at the weather with our meteorologist lisa argen. >> hi, carolyn. good morning, everyone. i'm out in it. it's a little cool here, but the fog is still with us in many parts of the bay area. as we look at walnut creek this morning, a few peeks of sun, but it's certainly cool. numbers ranging in the upper 40s in san francisco, 54 half moon bay, and this is the fog. our sutro camera showing it low-lying in the city. 50 in livermore. with the cloud cover, we've

. >> so mcdgal hass regular bank, while in the meantime in the early 80s all across the uned states, they have savings & loan associations. >> savings & loans were sleepy little mom and pop banks. >> they could do a lot more than banks. they were less regulation, if you will. >> jim mcdougal bought madison guaranty savings & loan, and began engaging in development loans. loans to help people build properties. >> there weren't a lot of rules in place. and you could loan on anything. >> as he did, he got in way over his head and began to engage in corrupt loans. >> suddenly the deregulation dates were open to anyone lending on anything and everything and to everybody. >> the savings & loan revolution freed up a lot of folks to buy into the s&l's and start lending practices you wouldn't see at ordinary banks. >> mcdougal took it from having assets from 3 million to 100 million in a couple of years. he retained 10% in checking accounts. >> i don't think i ever saw a savings & loan as dirty as madison guaranty savings & loan. in terms of total dollar amount, it was a drop in a bucket. the

anybody who lives there has even passed through there, the heartbreaks and what hass bee done to theple of gaza. amy: what do you think needs to be done now? >> the first thing that has to be done is the siege has to be lifted and the un's human rights council, although the report was a complete whitewash and disgrace, mayor mcgowan davis was the author of it, they did say, according to the law am a besiege has to be lifted immediately and unconditionally. that is the law. it has to be lifted immediately and unconditionally. that is the first thing that has to be done. the siege has to and. the occupation has to and. the people of gaza, after 50 godforsaken years, should have the right to breathe and live a normal life. amy: how do you think that is going to happen? >> it is a very tough moment right now, but there are always possibilities

he hass been making the media rounds butut he has casting dout as to whether or not you can believe itin his own book. it's pretty spectacular. >> you have tapes. will you release the tapes? >> i have put every journalist i have. i work like any journalist. i have tapes, notes -- >> if people are questioning it, why not produce the evidence? >> because i'm not in your business. my evidences the book. read the book. if it makes sense to you, if it strikes a chord, if it rings true, it is true. >> sean: it if it rings true, t is true. we have a new standard of journalism i guess. he writes about me in the book. i never got a phone call. michael wolff, hello, still waiting. what you wrote is not true and it's not just me. there are a ton of claims that the book, people are saying are complete fabrications on lies. meanwhile president trump's former chief strategist, steve bannon, put out a statement expressing regret about the commentsok he made in the book about the president and his son, donald trump jr. he said that his support for the president isr unwavering and donald trump jr. is a

get a special performance from david hass hasselhoff. watch "better late than never" at 9:00 here on nbc bay area. and a new episode of "the brave," followed by nbc bay area news bay area at 11:00. >>> doodle drawing contest. get your kids to submit it. kids kindergarten through 12th grade are asked to submit their ideas for doodles of the google logo. these are some of the previous doodles featured on the website. the winner's artwork will be featured on the google's homepage. you can also win a scholarship. that would be an honor, right? everybody to see. everybody around the bay area seeing a lot of rain. >> a lot of rain. more rain than we've had in a really long time here. it continues. not only us, we are seeing it covering most of the state right now with at least some securicad showers. that shows really heavy downpours moving through santa rosa in the yellows and the reds. four minutes, a little bit less, where the flash flood watch will be going up. we will also still have some rain moving through, quite heavy into the afternoo

not just that politics were infusing the grammys, which you could have predicted, but michael wolff hassinuated that haley -- >> lots of people get this accusation unjustifiably levied at them so i get why she would be ticked about the michael wolff appearance, premoremotely anyway at the grammys, but that said to say that we should extract politics generally from music is just -- >> crazy. >> -- ridiculous. >> ladies, thank you so much for your reporting. come back. >>> coming up next, the white house weighs in on president trump's claims about the black unemployment rate and his tweets about jay z's interview on cnn and van jones' show. we'll talk to the man, van, coming up. friends, colleagues, gathered here are the world's finest insurance experts. rodney -- mastermind of discounts like safe driver, paperless. the list goes on. how about a discount for long lists? gold. mara, you save our customers hundreds for switching almost effortlessly. it's a gift. and jamie. -present. -together we are unstoppable. so, what are we gonna do? ♪ insurance. that's kind of what we do here. you know

no one in the administration hassed that those conversations.'m not prepared to answer that extensively. peter. reporter: president appeared to take credit for commercial airline deaths in 2017. in fact there hasn't been a u.s. commercial airline crash, fatal crash in the country since tween. so does president obama deserve credit for that long stretch that dates back to 2009? >> president raised bar for nation's aviation and security. he is certainly very greatful, last year the president announced his initiative to modernize air traffic control and under his leadership the department of homeland security released enhanced security measures to insure safer commercial air travel. look the president's very happy that there were no commercial airline deaths in 2017. we hope that trend continues, well into 2018 and beyond. >> will he, follow up, michael huerta faa administrator. he is obama holdover, his term expires. will he extend. >> i have no personnal comment. reporter: asking about football. two teams in the national championship game come fr

naturalized, but there will have to be something for border security, and it has to be real and it hassing to significant. a lot of people -- going back to '86, when people said there would be border security and it would come later, it never comes. >> that is an argument we have heard for a long time. senator paul, i appreciate that. it's going to be perfect timing because i'll get somebody from the other side of the aisle to respond to that, so i appreciate you coming on and sharing your views, sir. >> thank you. >> from the other side of the aisle, a part of that bipartisan deal i just asked senator paul about, it's democratic senator michael bennett joining me from denver. welcome back to the show, sir. >> thanks for having me, chuck. >> i'll start where we just ended so the viewer can feel it. you heard senator paul's response avoiding taking a position on your compromise, offering up another version of a compromise, protecting the d.r.e.a.m.ers for straight-up even more border security. i've heard a version of that before, too, which is separate out all these other issues. you want t

hass not the first time it fallen. it is the age week in a row it has fallen.t drop is pushing the price of wti and brent on the order of a couple percentage points. nearly one percentage point. let's go to g #btv 3826. as the price rises, we are still expecting global demand to continue pace through 2018. especially the world bank raising its global force -- forecast. with that comes increased demand for oil. looking here, the financial crisis, over the past 10 years it has been rising. barrels a daylion is what global demand is looking .6 million now -- 98 barrels a day is what global demand is looking like right now. it seems like people are bullish in terms of brent crude. record bullishness. brent crude here in blue. record bullishness for the white line, that is wti crude. it is seeing its highest in nearly a year here. some financials are saying we or 58.it 55 citigroup sees $80 oil, because of tensions between donald trump and kim jong-un. yvonne: thank you, rainy inocencio. counting down to the latest retail sales figures out of australia. we will brin

but i will tell you, and richard hass can probably speak to this more, but the problem is leaders acrossresidents. you would be hard pressed to find one of those 45 presidents ever allowing a 32-year-old to lead him around by the nose and, actually, undercut him with negotiations with senate leaders. would barack obama ever let a 32-year-old staff member -- never. not in a million years. barack obama was a strong leader. what we have here is a weak, weak uninformed leader. michael was right. this "new york times" article is right. we have such a weak leader. he let's 32-year-olds lead him around and undercut him on negotiations. never seen anything like that. >> i don't know why you would call him a tiny dictator. that's what he is, little miller. he is in charge, okay? don't say he's not in charge. >> but richard hass, it's hard to blame a 32-year-old when it's the president of the united states that -- if i had a staff member telling me what to do, undercutting me, you know how many times they would undercut me before i told them to get a box and get all their stuff offer their desk? o

i think the biggest issue with hass is that the 10-year traded in a range for quite a while, quite ars here, and then you have got the two-year rising pretty genetically, so the yield curve is flossing. michael: are you concerned about that? some people are worried that if the fed goes too far, we will see that. mr. bullard: the effect of the two-year spread is now under 50 basis points. the reason it is falling is raisingthe fed is rates, so i am not really interested in trying to raise rates all the way to the point where we i in view the yield curve. 3% and headings to 4%, i would want to get out in front of it. we have not made any progress on inflation in the last two years. i think this yield curve issue is a bit -- is important. there are a lot of opinions about it, but we should give it due consideration, and we should have the debate now, not later this year, when it is even flatter. michael: but is it is i'm of the recession is imminent? mr. bullard: i predicted the last three recessions. i have a graph on that. michael: do you think a recession is imminent? mr. bullard: ce

. >> the investigators knew that sheryl's morning had included shopping in tal it hass see, cashing aheck at a bank and using a library computer to send an e-mail to had her son in the army. they even had a last sighting. witnesses identified sheryl as the woman peacefully reading a book at this popular spot in the national forest. >> the couple i interviewed that saw her at the sinkholes were very adamant that that was her. >> but the trail had gone cold it at the tallahassee atm where a disguised man had withdrawn money using dunlap's banked cards. a month after sheryl went missing, the phones in florida were lighting up again. >> when he started had hitting the news media, our citizens here started seeing him and immediately recognizing him. and started calling. >> and that tip line kept ringing. one caller remembered an odd guy with a handsome red dog. that sighting led investigators down another national forest path and to another discovery. more remains. >> we were positive it with was mr. hilton, described the dog, the van. so that was one of the camps where the bones were foun

hass get to paul allen, who your first reading.ns to sell 25% of his stake in the right healing company. billions to reap $1.4 in the transaction with softbank and a consortium of investors. kalanick had long boasted that he had never sold any shares in the company. he was forced to resign as ceo last year. apple now says all of its mac and ios devices are affected by the newly revealed security issues affecting ships and processors. are no, it says there known exploits impacting customers at this time. security experts say highly regulated sectors are most at risk. bloomfield asset management is buying westinghouse for about $4.6 billion. canada's biggest alternative asset manager agreed to buy what remains of the former energy powerhouse as a u.s. business, as well as its non-bankrupt european business. the westinghouse ceo says the deal will transform the company into a stronger, more streamlined business that is expected to close in the third quarter. chinese regulators are stepping up oversight of leverage bond rating. macaboc

was --mber 2017, the hass released a report on the rebate program and found that hundreds of drugs were potentially misclassified. for example, out of a sampling 2016,st 10 drugs from 2012- medicaid may have lost billions in rebates. we do not know how many billions of dollars may have been lost. by the way, i would also like to have submitted a letter that i have from a former cms administrator on the record. this question, there is a lot of taxpayer money at stake here, how will you approach fixing the medicaid drug rebate program so that it is properly overseeing and taxpayer losses are kept to a minimum? >> i was very concerned to see the media reports on the rebate rogue ramp. -- rebate program. i will work hard to ensure that the row graham is improved. alex: one of the key issues i think to ensure is that the regulations are clear. if necessary, moving to enforcement to ensure that they understand that these are obligations that need to be held up. >> thank you because during that you can save a lot of taxpayer money. i'm going to ask you questions about these price issues. certa

. >> i guess i'll take my last 15 seconds so ask you one final question on that ubl who hassing reform is one of the most significant issues we need to make and that's why i said i would prioritize it and how would you rank to perform and get it a resolve. >> i think it is ioly important piece of unfinished business from the financial crisis i think that there have been a lot of great proposallings and i think this at a time when the economy is healthy this is a great time to move forward on it and i look forward to working with you on it. rng thank you mr. brown. >> in 2013 you stated that the fed -- it was created as independent agency of broad consensus emerged among policymakers and other informed around the world that -- in most important part of the quote that better economic performance is achieved when conduct of monetary policy is free from political control. what will you do if confirmed to ensure that the fed maintains its independence from outside o political influence especially influence from the white house. and can be as specific as you can. >> senator i'm strong isly c

leadership hass, asked members to hold back until they put the votes of for the cr. or has nancy posey told her caucus to do on this continuing resolution? >> we will find out from nancy pelosi tomorrow when she addresses what she will say on that. what the caucus leaders came out saying today was there is no specific directive to members. the general consensus is opposition to this cr overwhelmingly because it does not address democratic values. there's no opioid funding, no solution for the dreamers, immigration, no disaster funding, the list goes on. they think chip is not far enough. they don't see a path through supporting it. >> i don't know if anybody can answer this. crthere a backup plan if the fails in either chamber? >> in the house, the plan is to continue the votes on this one throughout the rest of the evening. we will know by tomorrow morning if it can go as planned. they will call a conference meeting of republicans to see what will get them to the votes they need. i don't expect ryan to go to democrats because i don't see democrats yielding to him on

and kenya hass had a free press f fora very long timee theyy were gogoing to make their ownn editorial choices but evenn now actually as as we e spek there are. least in a nationonal newsroom in kenya and the repoports are that they're planning to invest sosome o of those people sof the editors or managers were in charge. of the decision to contitinue record broadct and and this whole affair suggests they can hear is still very divided several months i off those who are can you know that was sold. just average probably support is there for violating a. you know it's a very interesting question there are a lot of people who do you support that and have a lot of people who support the current president. and what he'd seen with this election is how divided those two sites are there are many people that i've heard reacting to this news of the government crackdown on members of the opposition and the media. we support the believe that finally orders coming and then they've been greatly affected by this and this election the economy has. greatly affected at the same time. any person the coun