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general jack keane.se] [applause] we are very excited to have jack's wife, angelo with us today along with his brother ronald and his son danielle. thank you all very much. and thank you. [laughter] we are also joined by a very distinguished assembly of leaders including secretary mike pompeo, mike think of a much. secretary mike asper, attorney general william barr, secretary berlitz, senator lindsey graham, chairman of the joint chief of staff, general mark milley and general keith alexander. okay, thank you very much, thank you all. jack keane was born in 1943 into a family with a strong tradition of military service. his father served during world war ii as a marine in the pacific theater. jack grew up in a housing project on the lower east side of manhattan and became the first member of his family to attend college. at fordham university he joined the rotc distinguishing himself as a cadet and member of the famed pershing rifles. upon graduating, jack was commissioned as a second lieutenant in the

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jack: i am jack otter.ing up the panel tells you what our sources have been buying during the wall street selloff. that we begin with what we think are the most important things investors should be thinking about right now. as corona virus rolls the market put stress on the financial system. what to expect next. airlines and energy companies are really feeling the pain, which companies can weather the storm and how to determine what stocks can stand up to the coronavirus crisis on the barron's roundtable tonight my colleagues have been levinson, jack how common carleton english. the dow is down on the week despite a furious 1000-point rally. dow jones market group shared a wonderful statistic, the last time we had a back to back 9% move two days in a row was october 1, 9209. >> this is a wacky market. finding comparisons for is almost impossible. when you put together a virus like this, you put the oil crisis we have the oil prices drop like this ship but the facts were in a presidential year this is all ju

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jack knew them jack knew me i mean jack knew you jack knew you.nd what the hell was do he doing knowing us >> our thoughts are with suzy, his wife, family, his beloved dogs there will be a funeral mass in new york at st. patrick's, they're determining the date on that it will be open to the public. in lieu of flowers asking for donations made to the boys and girls club in salem, massachusetts. as jim said, he will be missed jack welch, dead at 84 we can't calculate our total taxes? do you realize how many otal different taxes we pay? sales tax, different p-o-s systems in all seven countries. and online sales? that's a whole other system... and different regulations. therere'realal eate e crits,s, . and we have no way to integrate all that? no... but bdo does. peopopleho k kno knonow o. that sofa on tv is iexactly what they need. and now, they know it too. that's the power of targeted tv advertising. it's smart. it grabs people's attention. then they come to my store. buy that sofa. and leave happy it's easy, and it's effective. and it's why comcas

jack: good luck with that. see megabucks thank you jack.k: to see the other 99 women are list go to barron's.com. coming apple the fed's emergency rate cut alleviate market concerns over coronavirus you wouldn't accept an incomplete job from any one else. why accept it from your allergy pills? flonase relieves your worst symptoms including nasal congestion, which most pills don't. flonase helps block 6 key inflammatory substances. most pills only block one. flonase. jack: the fed cut its benchmark interest rate by a half-point to combat coronavirus rocking the market. as monetary or fiscal policy be the answer? joining me now and wharton school finance professor jeremy siegel. thank you very much for joining us professor. let's start with the big picture of your economic outlook. i'm here you said a shallow recession might be on the horizon? >> absolutely. when you are growing in only 2%, it doesn't take much to wipe out that 2% increase. with the entertainment industry is a huge portion of the u.s. and world economy. obviously that's going

i am jack otter.begin with what we think are the three most important things investors should be thinking about right now. coronavirus feared have a market correction what to expect them here. some stay-at-home stocks held up better during the storm, with got the nays and what's ahead. and bob stepped down at disney, why it makes sense the themepark has take the helm. ben levisohn, jack hough, you don't need us to tell you it's an ugly week on wall street here's a rescan s&p 500 plunged into correction territory down 11.5% for the week that makes february at the worst month of the market since the great recession. treasury years fell to their lowest yield ever with attend yield on trade year yield low but the recent market action perspective. long-term investors have had a wonderful decade since the market in 2009 stocks have delivered a total return of 448%. ben, what should make of all this? see necklace talk recession. do we have to? >> profanity right out of the gate. >> around a year ago that's b

jack: jack, you tackle an interesting issue in your streetwise column this week. idea that somehow a pandemic is a gift to pharmaceutical companies that make you make all kinds of money off of that purpose is not the case, right? >> pandemic medicine is a terrible business model. i think investors might be confused about this when you look at regeneron stock, it's up a lot this year. plenty of good reasons to buy that stock, they have the advanced technology for creating human antibodies in mice, they can do at high-speed. that's one of the things they're doing to try to find the treatment for this. when it comes to pandemic, you try to create a medicine quickly that you use. maybe for one use case or a follow-on case. while it's just not a big economic footprint, we have an entire government agency devoted to try to make this somewhat economic for drug companies. let's get that image out of her mind. these companies make plenty of money with chronic disease, asthma, heart, not pandemic medicine. >> to quick actual ideas. people are what arlo nervous what are they

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that was jack. jack was jack to everybody. the drivers, the clerks, the waiters.ry club, it wasn't mr. welsh. it was jack. >> neil: you're right. >> he was one of the most competitive human beings i've ever known in my life. he would kill you for a $2 on a golf course. and he would bring a bunch of guys down to augusta to play with them. they would play 54 rounds of golf a day. >> neil: goodness. >> yeah. three rounds a day. >> neil: ken, that's beautiful. i wish we always had more time, my friend. but you remember him very well. a nation does as well. we'll take a closer look at the life of jack welsh. >> we lost a great american. >> neil: we did. stay with us. 448,134 to be exact. they answered 410 questions in 8 categories about vehicle quality. and when they were done, chevy earned more j.d. power quality awards across cars, trucks and suvs than any other brand over the last four years. so on behalf of chevrolet, i want to say "thank you, real people." you're welcome. we're gonna need a bigger room. >> neil: the supreme court of the united states agreeing to h

jack: i am jack otter.t our sources have been buying during the wall street selloff. that we begin with what we think are the most important things investors should be thinking about right now. as corona virus rolls the market put stress on the financial system. what to expect next. airlines and energy companies are really feeling the pain, which companies can weather the storm and how to determine what stocks can stand up to the coronavirus crisis on the barron's roundtable tonight my colleagues have been levinson, jack how common carleton english. the dow is down on the week despite a furious 1000-point rally. dow jones market group shared a wonderful statistic, the last time we had a back to back 9% move two days in a row was october 1, 9209. >> this is a wacky market. finding comparisons for is almost impossible. when you put together a virus like this, you put the oil crisis we have the oil prices drop like this ship but the facts were in a presidential year this is all just wacky. and it almost feels

jack welch, gone.will miss you, jack. ♪ it's surprising how the bigger a city gets... the smaller it starts to feel. which makes it even more surprising, how big it feels in here. with sliding rear seats... and more available second row legroom than say... a chevy suburban. this is the completely reimagined 2020 ford escape. liz: twitter flying high as activist elliott management takes aim. shares of the micro-blogging platform in this final hour, spiking 6.5% as activist hedger paul singer looks to make major changes, including a potential push-out of cofounder and ceo jack dorsey after an underwhelming stock performance last year, only gaining 11% despite record gains of most of the tech's biggest names. twitter shares stand at $35.38. charlie, you have exclusive details on the activist push? charlie: this is a pretty busy time for paul singer and elliott management, right? he was in and out of at & t i believe. remember he got some changes there, got some management clarity, i guess. he will definit

bob is a regular on a program and bob nardelli wanted the ceo job, jack did not give it to them, jackrace for the job. and bob wanted it to. but even he did not get the job and was upset that jack moved there, he would also say that he loved jack so much because of all of the leadership moves that he made and the strength that he ran ge with. he was a great man and he was not afraid to just stay humble his whole life, even though he made so much money and has so much strength in terms of his moves, running ge for so long and being so smart, becoming a leadership genius, he never forgot where he came from, he was humble, he was down-to-earth, he had a lot of friends, he loves cnbc, when i was there we all knew that jack was watching and jack was part of it that he could say to all his ceo friends, this is our company and that's what he was . >> thank you for calling in, we will see you tomorrow. brute under maria bartiromo, jack welch dead at the age of 84. we'll be right back. what i log a scientist at 3m is that i'm part of a community of problem solvers. we make ideas grow. from an

how and where is jack tonight, jenny?is currently still at jfk hospital in edison, new jersey. there waiting, it keeps changing all day but we are waiting for him to be transported to you penn hospital. there waiting for a helicopter to transport him there. >> martha: and why do they feel like doing that is going to help him? >> so jack is in a medically induced coma. he is on a ventilator. this hospital -- he needs to go to a critical-care hospital that can provide certain procedures for him when and if he needs them, something called ecmo that i've become familiar with. someone described it to me as dialysis for your lungs. speak one okay. so he has no underlying health issues, can you confirm that for us? >> nothing. nothing. jack is the healthiest person i know. he's not overweight, he exercises weekly, and all-american lacrosse player at bates. he continues to play lacrosse. i know his lacrosse teammates are out there rooting for him, we thank them for the support. the support has been amazing in his community, our c

but if jack welch, jack welch came after muhammad ali what we know jack welch would have factored companyor the times. would have pared down ge capital which almost torched the company in 2018. he would make the thing survive. make it a better place. why? because the guy did not hire yes men around him. that is what makes great people. neil: by the way, if he was bothered by criticism he did not care. >> he would argue with you. neil: that is lesson to leaders of all stripes, carry on what you're doing. let them almost see you sweat, even if you are sweating, but net never give them the benefit. >> this creative conflict, if you have an organization where everybody salutes the general, down argue, doesn't hash things out you have a crappy organization and i'm telling you, i have seen the best companies fail. i seen cult of personalities. there wasn't really a cult of personality at ge everybody argued with each other. he would scream back. that voice when he screamed you knew it. contrast that to city group under sandy weill, ge under jack welch, jpmorgan under jamie dimon, who embodies t

jack, you're my kid, jack.. >>> we begin with the latest on the fight against the coronavirus which has now killed at least 85 americans from coast to coast. more closures overnight, bars, restaurants in at least eight states coming down. nordstrom and amc theaters are the latest chains to close. >> 7 million people in the san francisco bay area are in a shelter in place order. voting in ohio has been postponed after health officials intervened late last night. >> the senate is expected to take up a virus emergency bill today after the measure passed in the house. president trump is calling for several weeks of focused action in order to stop the spread of the virus. he announced a set of new national guidelines telling americans not to gather in groups of more than 10 people. trump also said the public should avoid discretionary travel and eating in bars, restaurants, and food courts. the government's top expert supports the recommendations. >> we hope that the people of the united states will take them very s

and bobby kennedy knew it and jack kennedy knew it. so jack kennedy is giving his state of the union address and president kennedy is all -- we are fighting for democracy and freedom and there is an opportunity for what is happening here on the globe because we have all of these people. it was the middle of de-collinization. those nations are getting free. imperil bonds are loosening and he sees this as an incredible moment for freedom in the global south. but he didn't mention the american south. kind of a silence there. but he needed that silence. because what he was dealing with, he had just come back from that vienna summit. remember that one that his brother was really trying to get the freedom riders to quiet out on and -- well, that vienna summit didn't go so well. he met with somebody who took him to school. this wasn't pretty. it really wasn't pretty. and it was kennedy's fault. he acknowledged that later on. he thought that what he could do because he's gotten by on charm. he could just walk in there and charm, you know, one

jack, is without legends and stars backing it, i guess. jack, is it the right time for metals?, it is not the right time for metals, but it is a nice idea. i don't want to slug this campaign. it is important that the people on the front line of this battle, which in this case it is not soldiers, it is nhs staff, who are putting their lives on the line to fight this on behalf of us all, do realise just how much we as a country appreciate this. you've got to remember that doctors and nurses did not sign up to be putting themselves in harm 's did not sign up to be putting themselves in harm '5 way, they are signing up to help people, of course, and to work hard, of course, but this is what we're going to be facing in our intensive care units in the next few weeks, something the nhs has never seen before, in terms of the risks, the actual physical risk, to and nurses. we've seen numbers of them tragically dying in other countries which have already been overwhelmed. i think it is really important understand how much we appreciate that. however, as we we re we appreciate that. howev

sadly, jack passed away march 10, 2020. at 19 years old and weighing 100 pounds, jack was too light to be drafted. but things changed, in his words, and soon he was in vietnam. jack's service to his country did not end abroad, upon returning he became commander of v.f.w. post 2423, captain of the honor guard, and district 13 commander for v.f.w. in north carolina. mr. bishop: jack was a patriot who valued service, the national anthem, and the american flag. citizens of indian trail have lost a pillar of the community. may we all look to mr. campbell's example, a life well lived, dedicated to our country, and everything for which it stands. we send our thoughts and prayers to his family and loved ones. thank you, madam speaker. i yield back. the speaker pro tempore: for what purpose does the gentleman from new jersey seek recognition? >> to address the house for one minute. the speaker pro tempore: without objection, the gentleman is recognized for one minute. > thank you. madam speaker, this week the rus impacted in my p co

jack, david.eep well. >>> amazon going to be hiring 100,000 people to meet the influx of orders be as people stay home. the online retail giant paying, raising pay that is, by $2 an hour through april. susan li with more from the newsroom. susan what else is amazon doing? susan: the trend is to shop online but what of bricks and mortars suffering through middle of this? macy's you just announced temporarily closing their doors. adidas announced closing doors temporarily in europe and north america, until they say march 29th is the date. apple reported yesterday. apple revoking march 27th reopening date. they say it is indefinite until the coronavirus has been contained. nikes of the world and lululemons, alta says they will be shutting doors as well. that is the makeup brand we talk about. tapestry owns stuart weitzman, coach, kate spade saying they're closing their doors. instead of shopping bricks and mortars and the storefronts, people are staying home quarantined, and they're shopping online.

billy jack's not done, he starts wailing on him. remember nonviolence, you learn how to take the blows. we talked about these ethnic notions. what you know is the moment you swing back, becomes justifiable homicide when they kill you. multiple reasons for nonviolence. as a strategy. wailing on him. moses goes into his zone, that kind of zen zone -- that zen zone. the two black guys who were going to be registered to vote, they saw billy jack, and they took off running. you know when your boys just up and leave you? like whoa. when billy jack is done, moses is a bloody, pulpy mess. billy jack is really proud of what he has done. he and his boys walk walk away. when they are gone, moses stands up, bleeding, just bleeding. the two guys who had run away, they are like looking, and he is like, you ready to go register to vote? yeah. you see that kind of strength. that is that quiet power leading. he calls john doerr. they couldn't register as i recall. he calls john doerr from the house across eh hearst and says i want to report a beatin

it is totally undermanaged elliott wants jack dorsey gone i like jack. think he's a very smart guy. the critics say there is plenty of evidence of that. for five years he's been the ceo two of large publicly traded companies. i said he wants to spend six months, a year in africa i'm sure he would tell he communicate. but does it make you want to know, how would at which time doer with the said with the hea of a ceo that only had one job i'm sure is true, half a jack is better than 100 of the other ceos and the last quarter cher i like so much, certainly an argument for that. what else? i'm betting elliott points to the lack of innovation on twitter. the sproproduct has barely chand sure, they let you have 280 characters rather than 140 that was in years in the making. jack dorsey's reputation is see it from it all angles kind of guy. twitter, he has a galaxy brain management stock i think there is a real value in not pushing through changes too quickly. you don't want to screw it up. you can see how this management style could turn into indecisiveness wh

lemmon >> as jack lemmon.er: we, as fans, felt let in on something that behind the actor stood a real person. >> sorry. >> what is your favorite word? >> honor. >> reporter: often not so different from the rest of us. mr. lipton, thank you. harry smith, nbc news. >> what an incredible legacy that's "nightly news." i'm lester holt. good night good night. ♪ [cheers and applause] ♪ but now, some words come. ♪ ♪ ♪ i keep it cool saying all the things you were thinking ♪ ♪ oh, man, from what you were feeling ♪ ♪ i want you may be ♪ but someone was afraid to get to ♪ ♪ ♪ ♪ i want you ♪ oh, i want you ♪ oh, i want you, i want you close ♪ ♪ [cheers and applause] >> kelly: welcome to the "the kelly clarkson show" everyone. i love that song. but my fellow host nick jonas come i'm just kidding. and i also love two great artist. let's find out who requested this,

ladies and gentlemen, jack davis. [applause] jack davis: john and i share the same quandary over titling apparently. i like the blue and gray bucket list. i thought 50 shades of grey might play on the title of another book and might result in a wildly enthusiastic audience spilling out into the streets of richmond. and i would just be filling in the center where he tried to get you to go. would you all please move to this row in the front? it is delightful to be back here. i have always had high regard for the american civil war museum and its predecessor. for coming here in speaking to audiences like this. i also sympathize with john with being required to host this. it reminds me of a story from a number of years ago when i got a call from the fella organizing what would be the biggest civil war roundtable congress ever to take place somewhere up in the northeast. he said on the phone -- "and i want to get the very best keynote speaker i possibly can." and i was beginning to think -- well, i'm glad you called me. [l

this includes moves to replace jack dorsey.frey smith spoke to ed hammond wednesday. >> it's hard to talk about somebody else's position. twitter is a position we have looked at for quite some time. we have a lot of respect for elliott. the governance structure, having a ceo who is the ceo of two different companies is highly , highly unusual. is jack dorsey unusual enough to be that special? he might be. he might not be. i don't know the answer to that. i think it is going to be a discussion among jack and the board, as well as elliott in the even theybe shareholders to determine whether there is a better construct to manage that company. and if it is important to keep jack is a visionary involved in the business. i have potential predictions, but i don't think it is appropriate to share those. >> is it a better company with jack dorsey or without? >> i'm not sure i can answer that, and it depends on in what capacity. i don't think it is fair for me to answer that. i do believe jack is a visionary, a unique leader. but i don't

us jack! oh hey man, uhh... [car beeps] my $4.99 triple bonus jack combo!tack it up for an extra buck. . >>> live from the cbs bay area studios, this is kpix5 news from governor newsom warns everyone to follow emergency guide lines to show the spread of the coronavirus. he announces tens of millions dollars in extra health care funding. >>> bay area fire departments implementing safety measures to keep crews safe. >>> and wine country getting hit hard. how some wineries are trying toadjust to the shelter in place order. it's 6:00 on this sunday. good morning thanks for joining us i am anne makovec. darren peck is in with the forecast. what's up? more rain on the way? >> possibly. we have another one of the storms that maybe is going to throw us rain. but really kind of wants nothing to do th

jack: they have done a lot so far. the emergency move the federal reserve made overnight rattled markets, the equity markets, but i think that they need to keep liquidity flowing, need to keep dollars in the hands of those that need it. from that perspective, they are doing the right thing. jay powell himself said monetary policy will not solve the pandemic and we need a coordinated effort on fiscal. i do like the fact now that we are starting to see a global coordinated move, not just in monetary but on fiscal at the same time. francine: how do you model the economy in the u.s. now? do you look at the number of cases? how do you look at the data? jay: it is almost impossible to model. we have never seen anything like this before. there are things we will be keeping an eye on, high-frequency indicators like jobless claims, retail sales on a weekly basis. we will be keeping an eye on those. guessnow, it is anyone's how bad the contraction in the second quarter will be and we do not have a model for this. we will keep an

there will be a succession plan for ceo jack dorsey, but jack dorsey keeps his job at this point.ha lam joins us, and active investor -- the tosha, what is your take on the deal that was struck here? specifically, jack dorsey keeping his job. i think he really threaded the needle on that one. i think what you saw here was both elliott and silverlake expressing their upset with the job that jack dorsey is doing, and i think for several good reasons. is too busy,nk he he is running two firms, both twitter and square. he had planned to take a hiatus to africa this year, which has since dialed back, blaming both the coronavirus and other issues. i would say probably the primary issue for that kind of pullback, and then i would add to the pile what is happening on the platform in terms of how it is being used for hate speech, to propagate civil and human rights abuses. several proposals we pile this year that will be in front of twitter and also facebook and google, asking them to add another person to the board which is someone with human and civil rights expertise. emily: let's talk

i do believe jack is a visionary, a unique leader.'t actually know how involved he is and how he is doing at the company. one you have been active on his ebay. last month, you wrote a letter berating them for not having done their strategic review fast enough. what do you need to see happen to be satisfied. -- satisfied? >> ebay is one of those terrific businesses that should be able to handle the situation well. stubhub, one off of the things we were asking them to do, we would like them go further. on the operational side, we need them to perform better. there's more that needs to be done and it needs to be done focus, and weore care. there is a ceo search process and we care. we expect them to hire a best-of-read see. -- best-of-breed ceo. the talent of the ceo is important and we believe ebay can attract one. is something you are working on currently? >> we have conversations with them frequently and it's around this time of year when it makes sense to talk about board representation. that is not always the answer. it may be, in t

my $4.99 iple bonus jack combo! stack it up for an extra buck. check out my triple bonus jack!heck it out with extra patty! yeah! okles ri! oh hey man, uhh. [car beeps] my $4.99 triple bonus jack combo! stacit up for an extra buc >>well lawmakers want to say no more to changing our clocks twice a year andmake daylight saving time permanent. well congress has the power toget ridof the switch and the dea is catching on washington correspnt kelli meyer repts. still groggy after losing an hour ofsleep because we switch to daylight saving time over the weekend. >>you'rnot the only one i would say the va majority of people would say just pi one stick with floridasenator marco rubio nts to ditch the switch and keep daylight saving time all year round his state is already on bod with the idea i went to mybarber one day and it was like the day after we acpt the clos back a couple years ago and they said they started asking like why do we have to set our clocks back every ar florida congressman greg steube event a state legislatorwent from the barbershopto the state house and filed a bil

jack will know this better than i do, probably closer to the 1860's, jack. then you have dan wade. these two represent the faction of cherokee political life that will carry on through the 19th century. amazings, quite an person. stan wade -- the civil war was over, and he kept fighting. factionsresent two that would carry through, and you get through the civil war, which has been mentioned. the cherokee people were split concerning the civil war, and some of those reasons probably have something to do with what split the united states, so there was slavery in the cherokee nation, before removal and after removal i want to talk about the institution of slavery in a bit, but that surely was a difference. there were other things that split cherokees apart during the civil war. john ross wanted to stay neutral, and he urged his counsel to stay neutral. why did he do it? not just for respect of the united states but, look, we are a recognized sovereign. who are we recognized by? the united states. who are we party to treaties with, multiple treaties? the united states of america. who d

lemmon >> as jack lemmon.we, as fans, felt let in on something that behind the actor stood a real person. >> sorry. >> what is your favorite word? >> honor. >> reporter: often not so different from the rest of us. mr. lipton, thank you. harry smith, nbc news. >> what an incredible legacy that's "nightly news." i'm lester holt. good night legacy. that's "nightly news." i'm lester holt. good night. >>> right now at 6:00, a case of mistaken identity. the new details we're learning about a hit and run on the peninsula. >>> plus, are you ready to go to the polls? what you need to know before casting your ballot tomorrow. >>> first working together to solve the coronavirus crisis. silicon valley and china teaming up to stop its spread. >>> the news at 6:00 starts now. thanks for being with us. i'm raj mathai. >>> developments in this growing coronavirus outbreak happening by the minute. >> today at least four new cases in the bay area happening in santa clara, san mateo and sonoma counties. by our count that brings