we recognize and there's going to be impacted, apple will pay millions in fees to mitigate the traffic. they will be paying tens of millions of dollars in property taxes that will help us as we build out infrastructure to support transit like bart like light rail. >> reporter: there are several existing buildings already on the lot. that means as many as 1,000 apple employees could be moving in here within just a couple of months. about 5% of apple's workforce already lives in san jose. that's why the company says this project for them is ideal. in north san jose, kiet do, kpix 5. >>> apple's stock is getting slammed today in the wake of a dismal sales forecast. right now it's down nearly 5%. >>> a renovated park is set to re-open in san francisco today. the southern portion of dolores park was supposed to have a grand re-opening a couple of weeks ago but it was rained out. so it's rescheduled for this afternoon. glow sticks are forbidden because if they break the leaking chemical could kill the grass. >>> the city of berkeley planning to crackdown on wild frat parties. [ screaming ] >

war business china are impacting apple, it is apple a's second biggest market, the company says that it made $18.4 billion in profit during last quarter. that is largeness history. sales have the beloved iphones are slowing down as china's economy and other international markets continue to struggle. >>> atm's of the future? they will let you leap your debit at home. chase is upgrading its atm's this year to withdraw money using your smart phone. new smart cash machines will let you cash checks, pay credit card bills, even pay the the mortgage. >>> weight watchers share shot up 20 percent yesterday have after oprah winfrey, tweeted that she lost 26 pounds on the eating plan, while eating bread, every single day. oprah joined weight watchers in october. she's on the board. she has six ape a half million shares. that means yesterday she made 12 and a half million-dollar, on paper. >>> erika, i want to see how much bread that she was eating. >> yes, millions of dollars and eating bread every day, well done. what impact he still makes. jill, thank you. >> win/win. >>> exactly, win/win. >

we recognize there's going to be impact. apple will pay millions in fees to mitigate the traffic and millions in taxes for infrastructure and transit. >> reporter: there are a couple of existing buildings on the lot and as many as 1,000 employees could move in within a couple months. about 25% of apple employees already live in san jose. that's why apple says this site is for them ideal. live in north san jose, kiet do, kpix 5. >>> today the cpuc could decide to slash rebates for installing rooftop solar panels. utilities say that they are losing revenue needed to maintain the power grid when customers switch over to solar that means nonsolar customers are paying more than their fair share. the higher costs could discourage switching to solar. >>> state lawmakers are trying to force the uc system to make them take more in-state students. they will withhold funding unless the out of state students remain at current levels. they are pushing out qualified californians in favor of higher paying students. >>> in the north bay the sonom

we mentioned the impact apple has had on this market. >> i know what you're thinking. at happened to the fang stocks -- really the fana stocks now. apple is down about 4.5%, but there's facebook down 2.5, getting ready for the earnings, and alphabet all down today. >> down almost 7% today. again we're going to hear from facebook and some of the other after the bell. in fact a title wave, and we'll have full -- julia boorstin on facebook. and josh lipton on ebay. let's begin with facebook. julia, what are we watching for? >> with facebook so massive 1.55 billion years, the key thing is maintaining the off of -- so facebook analysts expect 3.43% user. that would be a 15% increase from the third quarter. now, facebook has beaten expectation? 12 out of its last 14 quarterly reports, but the stock trades pop the follow day, so it would be interesting to see what happens with this earnings report. was well as video advertising growth. >> back to you, julia, in a few minutes when those numbers come out. >> part of it is in -- they preannounced looking for 90 cents on eps, on 5

any impaction apple tv is gaining traction or has an impact on the revenue needle. >> it's so big becausephone it's hard for anything like apple tv to move. that said when you look at numbers from folks with good data like adobe, what is driving that trend, apple itself and apple tv do very well. you have a number of smaller initiatives within apple, like apple pay, apple tv, and the. >> phone upgrade which have the potential to make revenues more reliable, even raise average selling prices. under the upgrade program you might see people on thing for more extense spencive or upgraded technologies. we'll see whether that drives some growth. but that's why it all comes down to the i-phone in a quarter like this. maybe you get a little upside from the mac. i expect that to do well based on sben intel's commentary on higher enmachines doing well and apple having beat rivals looent recent as far as pc sales. >> i guess we are all products of the crises we've been through. imer inside and cisco. they were such huge, high flyers. and then boom, and they were for ten years dead money, right, just

prices rebounds it, and the dow jumped 282 points the nasdaq was up 49 problems in china are impacting apple, it is the company's second biggest markets apple sells of the beloved iphones are slowing down and chinas and other economies continue to struggle. china made a record $18.4 billion in profit which does include the holidays. >>> weight watchers shares are soaring up 20% after oprah pounds on the plan while eating bred every single day. oprah joined weight watchers the board in october, 6.5 million shares. 12.5 million on paper. and ate bred every day, win- win, chris and mary? >> win-win, when i heard that it was like pass the begal. >>> thank you. jill. >>> a warning if you are in the business of hiring people a new cyber attack. >>> we have the exclusive story in long island. >> resumes were pouring into the real estate office when this e-mail came in looking like all the others. >> it just said resume attached so i didn't think anything other than that. >> but after clicking on it, word documents, spread sheets, photos, then a demand for ransom. >> reaccess them, i had to contact

apple had the biggest impact, falling more than 4% -- technology was the worst performing sector on the s&p. apple had the biggest impact, falling more than 4%. earningsstimates for as well as iphone -- ubs cut estimates for earnings as well as iphone sales. financials, for their part, were the second worst sector. jpmorgan, citigroup, and wells fargo all falling. a route across all equities basically. what'shere's interesting. despite more drops in oil prices, energy shares were not the worst performers, for one. what's the latest? >> they were the fifth worst performer. i guess that's better than being the worst. despite crude falling more than 5% of the session low earlier today. it did repair those losses at the close. west texas has now fallen every single trading day in 2016, 4 lose 10.1 6%, to and now be at its lowest price in a dozen years. and now at its lowest price in a dozen years. chevron fell 3.5% to its lowest since october. exxon mobil also not doing well. we are wrapped up with our thursday session, but we are looking to the friday session. investors will be looking for

apple. and then fred even had an impact on the product strategy because when steve came back, the first major project we started was a network computer. that was the rage at the time. but it wasn't a consumer product. fred kept go wait a minute. we have to have a consumer product. you have to focus on a low-end mac because that's what's going to turn the company around. the executive team decided we'd switch from doing the network computer and make that the imac. >> there you go.

apple. and then fred even had an impact on the strategy because when steve came back, the first major project we started was a network computer. that was kind of the rage at the time, but it wasn't a consumer product at all. fred kept going away, we have to have a consumer product. you have to focus on a low-end mac, that's what's going to turn the company around. the executive team and steve decided we would switch from the network computer and make that the imac. >> there you go, right here. can you see it? ♪ >> in the world of computers, it's kill or be killed. and the original wiz kids was thought to be dying an early death. >> we went for colors that expressed the spirit of the machine. and that is, you know, it's powerful, but fun. >> and the first thing i thought i'd do is give you an update. we've managed to go from losing a billion dollars the year before to actually making over $200 million during the first three quarters. and boy, what a difference a year makes. >> guess what, mac is back. ♪ >> he was the kind of person that could convince himself of things that weren't necessarily

all right, a recall this morning that impacts millions of people. apple recalling power adapters that could break or shop people. the two prong adapters. they were sold between 2003 and apple will exchange the plugs for free or refund because of the problem. >>> now to another recall. you heard of the bagged lettuce from an idaho -- you shouldn't let down your guard just yet. stores are taking the salads off the shelves next week. you need to make sure you don't have any of the recalled lettuce in your fridge. under dole, fresh selections, simple truth, market side, president's choice, and the little salad bar. check for the letter a at the beginning of the manufacturing code. >> usually, it's associated with raw meat, unpasteurized dairy products, because listeria is found in soil and water, any fresh produce could have it. >> now for most people infected with listeria, the symptoms are stomach problems. one person has died and another 12 were hospitalized in this listeria pose s the greatest risk to pregnant women and their unborn babies. here's a look

[laughter] but really, the ipod itself had such a dramatic impact on everything that apple has done sincetony: it was a big turning point, going from computers to consumer electronics, for the company. emily: what was your relationship with the steve like? tony: it was very professional. there were times it was friendly. i would not say we were friends, per se, in terms of hanging out. it was friendly, but it was tough at times. it was a great mentor kind of relationship at times. and there were other times when he will call me on my crap or i called him on the crap -- he didn't like that. whether we were fighting or being friendly, it was all about the best thing for the customer and the experience, which is what i loved. i would never trade that for anything. emily: i read it was kind of like father and son. is that fair? tony: there were love-hate moments. there were times when we were like ok, we are going to take on the world. there are other times there it was like "i'm going to strangle you." if there is tension, there is not creation. you really need creative tension. emily: you q

apple watch. it's definitely making an impact. re the watch is the game changer that apple needs like when it came out with this raft of new products after steve jobs came back to the company. people are looking for more news on applecart. that is not going to happen for several years. they want to see some movement on apple tv. as we reported, they have had trouble getting the agreements they need and getting the entertainment industry to sign on to some kind of big revolutionary apple tv product. matt: it's a beautiful product. i've got the new one. i am looking for content that is not there yet. the entertainment industry is concerned about becoming the music industry. they don't want apple to decide how to price the movies. matt: when i take a look at the analysts, i can see that they are very optimistic. looking at the bloomberg terminal, this is the anr screen. you see the climbing greenline which is more and more analysts boosting apple stock to a buy. 85% of the analysts say you should buy it. the right line as they share p

apple's number two market. by all indications, economic data, comments from other companies, china is in trouble. that is probably impactingvid: apple analysts from s&p capital iq is back with us now. angela, what do you make of the numbers so far? >> i think overall so far it looks good. expectationsexpectations were sg into the number, a bottom line beat here and number on top line comes roughly in line, slightly below the street is as good as you could have probably expected out of apple. given that, i think investors should bid the stock up here on expectations of probably, you know, iphone 7 launch later this year. david: see if we get more details from jo ling kent. waiting on numbers of iphones sold, jo ling. >> 74.84 units, how many iphones sold in the last quarter. iphone sales overall growing at slowest pace since it was first introduced back in 2007. and looks likes the forecast for the current quarter for revenue will drop, steepest rate in 15 years. david: wow. >> so this means all that hyper uber serious growth is starting to slow down for apple. david: let me go back to angelo for a second. 74.8 million. tha

warmer, yellow colors when the sun goes down, and studies have shown blue light can negatively impact sleep. apple has not announced when ios9.3 will be released to all of us. >> i think it's september. >> you've probably seen it by now, a man gives a total stranger his shirt. homeless guy, sitting there was shivering without a shirt in the middle of winter. joey resto is the guy in the tank top giving that man a shirt and a hat. >> we're going to meet people are surprised at how easy and affordable it is to get insurance through new york state of health. we help them to find the best insurance plan that suits their needs. working with so many consumers, you begin to develop a kind of kinship or friendship, a bond and you see them on a consistent basis, so it becomes almost it's fulfilling and it hope that there is a better future rosanna: looking at the reservoir again. greg: i am told, rosanna, that the boys have colorful feathers around the head. rosanna: interesting. interesting. greg: i think that they are adorable. rosanna: are they good to you? nasty it neck action going on. greg: a boy and

cities from the carolinas to the big apple are bracing for impact. brian moore has the story from washington. >> reporter: for most of the east coast, roadways were nowhere to be today as a potentially record breaking, shovel buster of a storm miserable for more than 85 million americans. nashville got an early taste. the donuts in this stuck truck far less glazed than the roads. big wheels were a big help. in charlotte the carolina panthers fought the elements to prepare for their nfc championship game sunday night against the arizona cardinals. out of town fans may have trouble flying into the game because of the ripple effect cause bid thousands of flights can regulations. -- cancellations. >> boston where there's no snow. >> reporter: washington, d.c. this storm. more than two-and-a-half feet may fall in the next 36 hours. >> we have a forecast that i years. >> reporter: national mall and monuments closed along with much of the government and residents hunkering down. >> not much to do. we already went grocery shopping for the rest of the week. >

analystshink about the who have trimmed back and the impact because of how big it is, how much it is weighted in the index, when you see appleleg down it has a huge impact. year: apple had its worst last year since the financial crisis. let's put that into perspective, the only down your since the financial crisis. that is pretty bad. david: after going up a long time. julie: of course. but for apple it is not a good year when it goes down because it has been going up for so many years. that is the perspective. it has been a winner for so long and when it is a loser, people are not used to it. apple is bouncing back a little bit. if you take a look at my bloomberg terminal, this encapsulates the past five years of the stock. i guess you would go back a little further, apple, you cannot really look at it like you look at other companies. here is 2015, in december it fell 11%. decembers tend to be weak for the company. perhaps because it is in between its refresh cycles. you would think at a time when it would be getting iphone sales that the stock would be going up. that has not been what has been happening for the company. p

i think i put things on perspective on impact of apple regardless how the stock is doing.t: you came through big time. jo: always, stuart. stuart: that is-- horror we are at an apple stock now. is it 101, on reached 102 with jo ling kent next to me. ashley: 1103. stuart: be satisfied. jo: it's the stock to watch. stuart: understood, it is indeed. check that big board, please. i thought we'd stabilized with a loss of 200 points. we dropped 200 in the first few minutes of business and stayed down 225. how about that? and how about chipotle. it dropped to the 430 level earlier liz: criminal probe underway by the federal government along with the criminal unit into simi valley's chipotle there. possible 244 people sickened there including 17 workers. it's the norovirus outbreak, and also they are finding, according to the local ventura health officials, unsanitary conditions at this restaurant. chipotle lost 42% since the high and it's under pressure again this morning. stuart: earlier today we brought you the story out of cologne, and hamburg, germany about vicious attacks on

toward the parma area, 51 or 52 degrees, on january 31. [ laughter ] >>> a recall that impacts millions of people. apple is recalling power adapters that can shock people. and last year with apple devices and also in the apple world adapter kit. they will exchange the plugs for free. -- or refund them because of that problem. >>> we will look at the lottery >>> welcome back. it is 8:15. in california continues. one of the fugitives has been captured. we have exclusive video of the moment he was captured. >> reporter: surveillance video exclusively obtained by eyewitness news shows the moment that the suspect was captured in santa anna. he turned himself in. >> he just wanted someone to turn himself into. >> the surveillance video shows duong walking to the police vehicle with officers with firearms drawn. turn himself in. >> reporter: nguyen says he has known the escaped convict four years. >> reporter: the wanted poster shows he has been captured. this was a scary morning. >> [ indiscernible - low volume ] >>.was craig lee reporting for us. >>> [ indiscernible - low volume ] school district is going to

apple is feeling global growth pains. >> we are seeing extreme conditions, unlike anything we have experienced before. russia,rkets, brazil, japan, canada, have been impactedslowing economic growth, falling commodity prices and weakening currency. cuttingome analysts are their price targets. has the mighty apple fallen? gene munster is still with me. when i spoke to the cfo of apple yesterday, he emphasized currency issues. or ist the real problem it the reliance on the iphone? >> the reliance on the iphone is a great strategy. we arenside of that is all waiting to see if apple can introduce a device that has the financial and social and cultural impact of the iphone. the iphone is so powerful. i got rid of my watch and i use my iphone as my clock. i stopped using my ipad as much because the iphone got bigger. it is cannibalizing all of these new devices apple is working on. emily: you cut your price target on apple, as did others. why? gene: we had to bring our earnings down because we are being more conservative. we wanted to take a more prudent approach. emily: having worked at google and facebook and closely with apple, when you -- which company are yo

apple had the biggest impact, falling by about 4.25%. it is now trading under that $100 mark, for the first time since 2014 after analysts downtraded. u.b.s. cut their estimates for sales. financials were the second worst s&p sector, down by 2.9% for the sector. j.p. morgan and citigroup down % the order of four to five there. energy shares were not the worst performing second tor. it fell more than 5% on thursday. crude oil futures also bouncing. 1.8% up. brent oil up 1.7% up. in thursday's session it did close down about 2%. year to date, west texas has now fallen every single trading day in 2018. looking to loose more than 10%. its now at its lowest price in a dozen years, trading baylor the $34 mark. we will be looking to see if there is some positivity we hang on to with the u.s. december jobs report. bloomberg's median forecast for that calls for an increase of 200,000. if it tall blow that, maybe more time in the red. china is trading higher right now. we are going to be seeing what happens over the next 24 hours. we will talk to

apple had the biggest impact, falling about 4%, now 4.2%. it is now trading under that milestone $100 mark for the first time since october of 2014. rose enbilateral cut its estimates for earnings in i phone sales. microsoft and setting new lows. jpmorgan, citigroup and wells fargo falling by as much as 5%. interestingly, energy shares were not the worst performing sector for once. w.t.i. crude did file more than 5%. oil futures are up off that, up by .6%. .8%. crude up by now with that said, west texas has now fallen every single trading day, losing more than 10%. energy stocks, chevron down the .5%. by about 3 on friday we are going to be watch for some hope out there, and that may take the form of the september jobs report. median fasters are calling for an increase of 200,000 jobs. if it falls below that, we could see more reason for another day in the red. weem be watching for what happens with the china markets when they open about to minutes from now. >> premarket just about 10 minutes away. thank you for joining us it would be an und

apple watch. later we look at the major market impact. scarlet: we begin with the u.s. market close, which shrugged off another rally in chinese equities. maybe we are seeing a decoupling between shanghai and the united states. yesterday's laggards turned into today's leaders. joe: the shanghai market got absolutely destroyed last night, falling 6.3% with a big plunge late in the day. but it does seem like that first week of the year is china, chi na, china, and since then it does feel like a decoupling is happening, not that the u.s. markets are doing that great, but at least today -- alix: i'm raising the flag. we are looking at oversold bounce. some of the top performers on the s&p today are those energy names that got killed, like williams, the pipeline operator, and southwests, in particular as well as range resources, those two have serious short positions on the market. nothing fundamentally changed, williams cut their budgets. by the end of the day, shortcoming rally, i'm calling it. scarlet: theris a positive correlation with oil. you have been tracking oil pri

reason why apple is doing this is because studies have found that exposure to blue light at night can impacteading to disruptive sleep. apple is trying to watch out for us. speaking of apple, they are losing more ground to google's chrome in education. for the first time ever chrome book sales surpassed 51 percent around the nation in the third quarter according to a recent survey by a market researcher reflecting a fundamental shift in how american schools are buying tech in bulk and evaluating students on-line, placing more of an emphasis on low cost, easy to manage machines. it will be interesting to watch what happened in the oakland market. oil is still front and center and as you know, year, the crude oil thanked 6 percent to the lowest level since december of 2003 the back to you guys. >> appreciate it. now our weather, today is the day to go out and do things. >> before the rain comes back. >> before the rain. >> we could have 13 or 14 days in a rove wet weather -- in a row of wet weather. >> good day governor walking the dog, garden or running. it is chilly but it will be dry. here

. >> we sat down with him this week to talk about his career big apple has impacted his life and music. >> jesse malin started exploring of manhattan's lower east side before he was even a teenager. guitar hi already taken a couple of lessons and learned ted nugent once the punk came, learn three chords and you can wry your own songs. >> reporter: the kid from queens knew immediately what he wanted. >> first time on stage was the ps 193. i dress you hadded ed up as gene summons and i spit instead of blood. >> household w old were you? 12. >> i made an audition call. set up a showcase. single out when i was 14. heart attack on a label called damaged good and it was called "god is dead." >> reporter: in the '90s he joined the influential glam punk band degeneration. for the remotes? >> yeah. that was one of the dreamsng friendly with them. >> reporter: malin launched his solo career in 2001 with the fine art of self-destruction produced byams. critics and fellow musicians took note, including bruce springsteen who later joined malin on his song" i was thinking about the universe for what

. >> people are holding their breath waiting for this apple report to come out an hour from now. it could have a big impact on the the market given apple's influence. based on what you're finding on the ground in china, do you think things are tough for apple or not? >> overall in china, the numbers -- it doesn't show significant slowing in momentum towards customer sentiment towards apple and apple products. based on our survey results we don't see any reason for tim cook to be less optimistic now than last quarter. >> thank you for now. >> more insight on the chinese consumer, coming up we'll have instant analysis and reaction to earnings when we speak about dan niles, shorting the stock for the last few months. >> he's an analyst and trader and he's good at both. let's get to our closing bell for tuesday. she made her way through the 3 feet of snow there in d.c. and with sun america funds and keith bliss and rick santoli joining us from chicago. volatility continues and you still have to look to oil to be mindful of where the market is going to be? >> i would lo say it wasn't the idea but all you have t

there was a lot of expectations apple pay would have a negative impact.ast quarter where processing or payments processing volumes increased. company buying back stock. stock up just about 2%. dow holding on to an 81-point game. back to you. >> thank you very much. it has not been a notable year for m&a. we did get a large deal that was an inversion. i thought it was an opportunity to mention we are expecting to see more inversions. a number of people who work on advising on transactions indicate there are more inversions in the works. worth noting in part because the idea of more inversions coming. perhaps some that are also highlighted with names that are at least somewhat well known could put pressure on treasury to revisit its rules on inversions. it is worrying some who are playing the allergan/pfizer deal. the idea being there could be some change that would make that deal less desirable or more difficult to conclude. will that happen? very hard to say. it was last august that treasury came back yet again right before we saw this deal and came with

. >> and oprah having a big impact on weight watchers jill wagner is live with concerns about apple. apple said it made 18.4 billion in profit during the last quarter. that's the largest in history. but sales have been slowing down for iphones and the company expects overall revenue will drop by more than 8% early this year as the economy in china and other international markets continue to struggle.apple stock is trading lower but u.s. markets rallied. dow jones 282 points and nasdaq climbed 49. soon you will head to an atm and be able to keep your debit card in your wallet. jp morgan chase is working on a cash machine that lets you withdraw by using smart phone and let customers cash checks and pay credit card bills and their mortgage. weight watchers shares shot up 20% yesterday after oprah winfrey said she lost 26 pounds oprah joined the board of weight watchers in april and yesterday, she made about 12 1/2 million dollars on paper. must be nice. and finally one airline is giving coach passengers more leg room. jetblue is redesigning the cabins seats will include free wi-fi and r

we know apple is likely to go ahead with iphone seven. will this have a big impact on that? : i think some of the concern is last year, tim cook be aery adamant this would new product refresh cycle, they would enter new product categories with the refreshed apple tv. results from that have not , still nothinget on the scale of the iphone or the ipad yet. i think investors are further realizing the iphone is really what is driving this company's business. any weakness really makes them nervous. let's keep this in perspective here. we are talking about a company billion.over $200 this is a country doing just fine. immensely profitable. in terms of investors and where the stock is valued, they look at any sort of slowdown as an area of concern. there is an overarching question around apple about what the next big innovation will be. the iphone has been a huge success. people are looking for what is next. betty: how much of a stronger dollar hurt apple? adam: i do not think it is hurting it as much as other companies. there are things they have to grapple with like other companie

boeing and apple having an impact on the dow as you see. down 8.5 points. lunch" is back in two. (air horn, trap door opening) rootmetrics, in the nation's largest independent study, tested wireless performance across the country. verizon won big with one hundred fifty three state wins. at+t got thirty-eight, sprint got two, and t mobile got zero. verizon also won first in the us for data, call speed, and reliability. at+t got text. stuck on an average network? join verizon and we'll cover your costs to switch. >>> welcome. we're just minutes away from the fed's first rate decision of the new year. and, boy, the world has changed since the last time they met. since that december rate hike, look at what happened. the dow down 7.7%. the ten year yield, down 10%. oil down 14%. only two major asset classes up are the u.s. dollar, up just about 1%. and good old gold, up 5%. with us, ahead of this crucial fed decision on what i promised our viewers would be the best fed show of the year so far, tyler matheson, michelle caruso-cabrera, melissa lee. we have jim car