could this homecoming mean trouble for ceo jack dorsey? we'll explain.er the dollar all a post-election gain and commodity dennis gartman says it's about to get a lot worse. that's how low the dollar could go and what it means for stocks. the white house scrambles to send president trump's controversial meeting with russian leaders in the oval office. john harwood joins us with the latest. >> mellissa, all day, the white house has been dealing with the furor that president trump has shared highly classified information with those russian officials and prompted a review within the intelligence community. his aids aim out last night and halfway denied it. how did the president respond today? first of all on twitter. this morning, he sent out two tweets, one saying he had the absolute right to disclose what he sent to the russian, secondly he had done it for humanitarian reasons him then he sent out henry mcmaster, his national security advisor last night to the white house previousing room to say that president trump may have shared information but it was

jack dorsey is one of the company's co-founders.or a second run at ceo with a spotlight on him. i got together with the st. louis native turned tech titan for a sunday sit-down. >> reporter: just 140 characters, giving us a glimpse of a hero, organizing a revolution. taking down a politician or helping to the little bluebird making our big blue planet smaller. >> i don't know of any other service like it. my mom, for instance, she gets her news there but she has this group of women every day, they just talk about the sunrise and they say good morning to each other and they actually recently last year met each other in person in st. louis. >> reporter: they hadn't met before? >> no. they found each other on twitter and bonded over sharing sunrise photos. >> reporter: did your mom say, i invented that? >> yes. she considers herself a grandmother of twitter. i'm not sure how that works. >> reporter: 300 billion tweets have been sent out since twitter was hatched in 2006. tweet number one came from @jack. just setting up my twitter. >>

jack dorsey is on the calm. let's head back to san francisco. idre will tell us what he had to say. >> reporter: lately it's been an upside from dorsey's other company. his square has been on a rom for three quarters in a row now topping street estimates. that has sent shares surging more than 50% over the last six months. it shot up to a fresh all time high in the after hours. they are optimistic about capital and retail on the earningles calm, dorsey mentioned caviar. it's the delivery service she says is turning into a food delivery platform. also notable this quarter the subscription and services base revenue is up more than 100% year over year. they are expanding to new regions like the uk, this past march, dorsey says there is an opportunity for hardware in particular. >> the uk is interesting for us, corresponding to our hardware the chip card reader was built to be a global platform. but the uk is interesting because it's over 70% of transactions are tap transaction nfc-based. so we have a perfect product market fit. >> reporter: mellissa

what's itthony noto like working with jack dorsey and what is his response. d love working with jack the rest of the leadership. we approached running the company as it focused on priorities, and we divide and conquer. the day, we divide up the priorities are amongst our team. and would not want to work with anyone else other than the team i'm working with at twitter, including jack. he's an inspiration. reporter: at the same time that he has ascended within the company, sources tell me he's the one giving pep talks at all meetings, and i got the sense today he was the guy pounding the pavement to get these 16 deals done. haidi: did he have anything to say about potential new investment or the strategy of putting twitter up for sale? reporter: anthony comes at this from an interesting perspective. for many years, he was one of tech bankers for goldman sachs, taking companies, doing an. last september, twitter did higher banks to explore sales. some of the biggest emitters like salesforce and disney backed away. andidders like salesforce is effectively. i asked

jack dorsey is bringing back is stone.ow likely is it they can re-accelerate growth and revenue and sustain that over the long term so that they are bigger than it is today? fred: i am very lashawn twitter. i own a lot of twitter stock. i want those viewers out there to know that. i think twitter is unique company. the content you can get on twitter is unlike the content you can get anywhere else on the internet. that is becoming more and more the case, particularly real-time breaking news. i think anybody who wants to consume breaking news, there is no better place to do it than twitter. i love that the band is coming back together. back, that was the beginning of good things for twitter. back, i had coming no it was happening. it made me smile. i am so happy about it in -- it. facebook is been copying snaps features, what is your prognosis for snapchat western fred: facebook is no original ideas. a but of byput in copying them. that is the question to really ask. emily: does that mean you are optimistic? fred no. depress

biz stone, and williams, jack dorsey. those are the three founders of this business.ting that they are all back there trying to fix this. the biggest issue remains the number of users. they've struggled adding users for quite a while now. yes, they are up to 320 million. that's not a lot more than the 305 million they had 18 months ago. that is justsiness not growing that much. it's a problem for this business. the most disconcerting thing for me is not just the ability to they can charge more and more from advertisers, it's ok to have the user base you want. you can convince advertisers that they've got some great tools for advertisers. down on ar is coming year-over-year basis. that's really disconcerting. it shows you that advertisers are deciding with a consistent trend that there's better vehicles were advertising than on twitter. julia: such a tough argument to make here that we can monetize if you are -- a fewer number of users. cory: there's an argument that -- half mya of advertising budget is wasted. i just don't know which half. the targeted advertising is

but when you look at the leadership, you have jack dorsey.ou have anthony no theto a there have been a number of key product people who have left over the years and especially the past two years. i think they're here trying to deepen their bench of product expertise. anthony is a business guy. he deals with partnerships with the nfl and interacts with madison avenue. dorsey is focused on the product and bringing back biz is someone else who can also focus on the product. >> thank you for jumping on the phone for this breaking news. joe, you own the stock. >> bought the stock. >> and here we are almost pushing 20 without talk of a deal. >> listen, as i have said over the last week or so, i think the right people are buying the stock. i know john disagreed in terms of the fundamentals turning, maybe i miscategorized that, but i would think that they have stabilized the rate of decline, which is sometimes all you need for these stocks to turn. you're seeing some of the as i said before, the right folks coming in and technically, most importantly

and twitter's ceo jack dorsey buying more than half a million of the company's shares to 9 pat $5 million's total holdings to around 16 million shares. >>> time for the top trending stories, netflix apparently the latest to fall to hackers. the hacker group released eight episodes of the null show "orange is the new black." netflix confirms that one that it uses had its security compromised. netflix has not confirmed the authenticity of the episodes. >> i'm waiting for "house of cards. ". >> and "game of thrones" as well. >>> and let's discuss mark zuckerberg. if i had 20 minutes to have mark zuckerberg dropping in for dinner, i might be a little flustered. that's exactly what he did to an ohio family. the family learned 20 minutes before dinner that a master guest would be joining hem for dinner. staff who voted for president trump later identifying more to campaign for trump. zuckerberg currently on a mission to visit people. and i would be thinking what would i cook for mark zuckerberg for dinner? >> i don't know. something edible. i'm not sure what exactly he would be expecting. >>> a

a dramatic move up in the stock, up nearly 10% on what's been a good week for jack dorsey. >> a veryeed. square up nearly 50% this year. broadly the payment space has been a great spot to be long in 2017. paypal, mastercard, visa, first data also just smashing the s&p's return year to date. pier to pier money transfers are especially hot. the venmo and square cash apps of the world, even apple may be looking to get into this game with a similar offering. now, after earnings yesterday, we did have the chance to sit down with square cfo, sarah fryer, and get her take. >> i think there's tons of room. if you look at p to p, still so much happens in just cash and checks. that's the bigger market opportunity to go after. >> the thing, though, is p to p money transfer serves are typically money losers. we also asked friar some trading activity. this year jack dorsey has sold more than $30 million in square stock and buying $10 million in twitter stock. here's what she said. >> jack receives very little other compensation from the company so i think it's totally appropriate that he would be

jack dorsey announced he purchased 574,000 shares of the company on friday. they announce ad partnership to launch a streaming video channel seven days a week. and minutes ago we learned that twitter is partnering with live nation to live stream concerts. >>> apple is set to report tomorrow. it is likely to reveal it has topped $1 trillion. that would be greatester than the reserves of the united kingdom and canada combined. the cash egive sxlenls securities offshore. >>> nearly 335,000 more people are calling california home. state numbers released showmen lowe park, san jose and dublin are among those seeing the biggest increase. from january 2016 to this january, menlo park's population climbed so much, only eye only experienced more growth because of a prison expansion. >>> a group of middle school students celebrating a press te tigs honor. today they were named the winner of department of energy national science bowl. they beat out 15 other finalists to went $1,000. >>> everybody is talking about the beautiful warm weather we're having. it is about to g

and then twitter's jack dorsey buying more stock but are investors?ll that and more when "squawk alley" continues. usaa gives me the peace of mind and the security just like the marines did. the process through usaa is so effortless, that you feel like you're a part of the family. i love that i can pass the membership to my children. we're the williams family, and we're usaa members for life. hey you've gotta see this. cno.n. alright, see you down there. mmm, fine. okay, what do we got? okay, watch this. do the thing we talked about. what do we say? it's going to be great. watch. remember what we were just saying? go irish! see that? yes! i'm gonna just go back to doing what i was doing. find your awesome with the xfinity x1 voice remote. >>> ben bernanke weighing in on growth, the president, tax reform, rolling back dodd/frank and much more today in a cnbc exclusive interview on "squawk box." steve liesman is back at hq with some of the highlights. >> thanks very much, sarah. the former fed chair not shying away from controversial topics in this morn

ceo jack dorsey addressed the topic. the shareholder meeting will be held saturday. the general case has been to make the service free and open. in march, reports said that twitter was considering a premium version of tweet deck. guys, i wonder if he had the choice if the president would upgrade to the premium version. my bet is yes, we'll see. >> thank you very much. [ screams ] >>> moments of terror, breaking developments overnight in the concert explosion. the terror attack in manchester. police give an update on the attack and president trump's reaction. >>> plus this -- >> knew he was innocent, and he did something about it. >> why a local man could be released from prison after decades behind bars. ♪ somewhere, inside each of us, there's a pro. ♪ it's not always easy to summon your pro. ♪ but once you've found it, you'll find you can do anything. ♪ >>> oh, my god! >> terror in manchester. an explosion rips through a crowd outside an ariana grande concert killing 22 people. breaking details on the investigation and the victims. >>> fighting for freedom. a local

jack dorsey was asked about it yesterday. he said twitter considered the idea in the past, although as a general practice, they have always felt the service should be free and open. in march, reports said twitter was considering a premium version of the tweet deck. back to you. >> thank you very much. good to see you. >> breaking news to get to right now out of sunnyvale where there's a large fire right now at a commercial business. firefighters, we have been told, have been called to lake side and titan way. this is about a block or so away from the lawrence expressway. kris sanchez is on her way to the scene. she'll bring us a live report shortly. >> coming up, what goes up must come down. the temperatures are what's on the way down today, kari. >> we're so glad for that because it's been so hot. and looking at the temperature trend for cupertino, it will be in the low 60s at 9:00 this morning. into the upper 70s today. slightly above normal, but our temperatures continue to cool down as we go through the week. we'll have a

and twitter ceo's jack dorsey purchasing more stock. are investors buying it?s we said some big earnings from the likes of apple and facebook. we have the fed meeting two days. we have the jobs number. the french elections come up this weekend, jim. everybody is looking at seasonality trying to figure out what may means for stocks. what are your thoughts? >> well, for years i always felt that you do not want to be in tech because we're about to go into the summer slowdown for europe. actually, europe is much stronger this year and i no longer feel like there's a sell in may problem with tech. we know that sell in may doesn't work. it's 50-50. but there was a basis for it and the basis for it was most companies in europe just shut down for july and august. so you have to anticipate that. that's not going to happen. instead, it might be the other way. i think europe leads us right here. >> meanwhile, guys, obviously, big week in congress. david, i know you're going to tackle some of the issues, looking at the investment climate, not only from the macro standpoint

jack dorsey says it is important to have the conversations the president is having out in the open rather closed doors. dorsey made the comments in an interview with nbc news. whn asked in december how he felt about the president using twitter to attack critics and present his views, dorsey said it was, quote, complicated. >>> in the meantime twitter today signed a deal with the nfl to live stream pregame coverage and a half hour show on the website. twitter already has a partnership with the nfl to broadcast game highlights. live streechling has been one of twitter's biggest pushes to attract new users. last month twitter reported its strongest user growth in more than a year. >> it's a beautiful day in this neighborhood, a beautiful day for a neighbor, would you be mine, could you be mine ♪ >> you can get your fill of this childhood classic next week. streaming twitch will host an 18-day, 886 episode marathon of mr. rogers neighborhood. the marathon is a protest of short to get to the trump administration's plans to cut the corporation for public broadcasting. twitch is owned by amazon

he shared a desk with current twitter ceo, jack dorsey. make came from his native brazil.you remember mike, meeting kevin at stanford? >> i remember talking about the company that became twitter and we talked about it. >> we barely knew each other in college. it was when i left my job at a small start up. i wanted to start something independently. i met mike in a coffee shop. she was working on -- hacking on a project. i was like cool, he's hacking on a project, seems smart. >> while in college, kevin turned down an offer from a young entrepreneur to work at a company he was building. that entrepreneur was mark zuckerberg. the company was faceok >> i remember meeting o of my mentors and i was like hey, should i do this facebook thing. the person said, ahh, it's a fad. >> reporter: in 2010, four years after graduating stanford, they got together to start their own company. their first idea, a company called bourbon, didn't work out. they took what they learned from the experience and in the fall of 2010, launched instagram. in less than three months, 1 million people joined

the twitter investor tells us where he is placing his bets and why he is still bullish on jack dorseytive joins us to map the road ahead for android.

stone says he will rejoin the social media company in the next few weeks after fellow co—founder jack dorseyack as chief executive in 2015. mr dorsey has been trying to revive twitter which says it has more than 300 million monthly users, but still struggles to make a profit. a pair of diamond earrings has been sold for a record price at an auction in switzerland. the flawless pear—shaped diamonds — one pink, the other blue — fetched a combined price of $57.4 million. the pear—shaped jewels, nicknamed apollo and artemis, are almost 16 carats each. reports say the earrings were bought by an anonymous buyer. it was you that bid for them. it was you that bid for themlj it was you that bid for them. i put in my $57 bid and i didn't get far. you were outbid. just a little bit. justify a few million. universal music has signed a deal with the chinese internet company tencent, to try and expand their reach into china stephen mcdonnell is in beijing. tell us more about this. it is an interesting development? well, it is potentially an enormous deal for universal music. imagine how big the pool of po

jack dorsey tweeting that he's excited to be back there.ne says "my top focus will be to guide the company culture, that energy, that feeling." he says he's not replacing anyone currently at the company. egna goes down by 7%. rs.com -- it was 41% in 2016. they are planning to spin off cars.com. we are seeing those shares take a hit. vonnie: thank you for that. senate majority leader mitch mcconnell says any tax or all cannot that's overhaul cannot add to the deficit. he spoke to bloomberg television on this position. sen. mcconnell: we will have to be revenue neutral. we have a $23 trillion debt. we added an enormous amount of debt during the obama years. we will have to be revenue neutral. the last time tax reform was done, it took several years. we certainly want to try to complete it this congress and make america more competitive. we didn't have one year of 3% growth during all of obama. kevin: one of the most controversial issues of tax reform has been the border adjustment tax. a lot of senators seem against it. probablynnell: it's no

stone says he will rejoin the social media company in the next few weeks after fellow co—founder jack dorseyofit. nestle has lost its appeal to trademark the shape of the four—fingered kitkat bar in the uk. the firm had been appealing against a previous verdict that said other companies could use the design in their products. nestle says it is disappointed by the court of appealjudgment and is considering next steps. stock markets across europe are trading lower this afternoon — even the ftse 100 in london which was holding close to record highs this morning has dipped into the red. even the boost to lloyds bank share price wasn‘t enough to keep it in positive territory. investors around the world are holding back from riskier stocks — because of worries about the political turmoil in the us potentially delaying president trump‘s economic reform plans. so that‘s sent investors instead towards safe—haven assets like gold and the japanese yen which have risen in value while the dollar has fallen. that‘s all the business for now. backin that‘s all the business for now. back in about an hour. mo

. >>> time for top trending stories now, twitter ceo jack dorsey is speaking out against president trump sitting down with "sunday today" and responding on why he has the platform to feet. >> i believe it's really important to hear directly from our leadership. and i believe it's really important to hold them accountable. and i believe it's really important to have the conversations out in the open, rather than have one behind closed doors. so if we're all to suddenly take these platforms away, where does it go? what happens? it goes in the dark. i just don't think it's good for anyone. >> i couldn't agree more. and for someone that believers that the president shouldn't tweet, i think we should get through them. >>> james comey's 9-year-old neighbor say a mom saying her daughter abby grace thought that all of the report on comey's driveway were quite hospitable. abby grace dressed in a school uniform was allowed past security to hand him chocolate chip cookies, the note said we're proud for all you've done and thank you for making america america. i'm not sure the you'll would be allowe

he was invited back by jack dorsey. 1.5% higher.e its initial public offering. haidi: boeing says it has resulted issues with its new 737. it has 3700 audits from customers around the world. that makes its the fastest selling aircraft in the company's history. malaysianelement to a air carrier. max production was halted by problems with low-pressure turbine disks. at adjusted a look first-quarter earnings. ,ales below the expectation seven and $61 million for urban outfitters. the environment continues to suffer. consumers are increasingly shopping online. spend more money on experiences and events than apparel. back to the get wage growth numbers out of australia out today. our next guest is economics directors at australian national bank. great to have you. this is one of my favorite charts. shows how debt is going in one direction at an all-time high, wage growth going the opposite action at an all-time low. then he had the cash rate following in the same direction. wage growth coming in at 1.9% year on year, it is that .5% now.

he tells us where he is placing his bets and why he is still bullish on jack dorsey. first, u.s.tocks turning their worst performance this year -- turned in their worst performance this year. president trump asked james comey to drop the investigation into former national security advisor michael flynn. the crisis threatens to derail the policy agenda that helped push equities to recent highs. techres were not -- shares were not immune to the selloff. for more, we are joined by our bloomberg news stock reporter, abigail doolittle. abigail: what a selloff, as you mentioned, the worst selloff since september of last year, the worst of the year on this shift in sentiment. youtive to the nasdaq, as mentioned, underperforming, both the dow and the s&p 500, by about 80 basis points, down on the day. some of the biggest drags are the biggest tech names, including apple, microsoft, facebook. apple down more than 3%, its worst day in more than a year. that's the magnitude of the sentiment shift here. microsoft down in a big way. its worst since june of last year, since the time of the bre

the company, ran by twitter's jack dorsey wooed larger , merchants.till analysts are skeptical about long-term growth. the company processed $13.6 billion in payments last quarter up 13% year-over-year. ,earlier i cut up with square cfo sarah friar and asked if that rapid growth rate could keep up. sarah: there are a lot of growth drivers in front of us. i would never want to undersell the core. what we do in terms of a small businesses and micro merchants coming onto the scene, still plenty of opportunities. 20 million businesses in the u.s. do not accept electronic a mint. in the u.k. we see the same thing coming through. we are starting to move up markets. as the product becomes more feature full, this is resonating with larger businesses. i mentioned that u.k., but we are in five countries total. finally, the other products we have built around the ecosystem are starting to really gain a lot of momentum, capital cash, , and so forth. emily: let's talk about the international expansion. what have you learned from your launch in the u.k. in the mids

the company run by twitter's jack dorsey is proving it is not just a niche player.hot past forecasting. square also raised its sales and profit forecast for the year. joining us for more from new york, selina wang. first of all, what do you have to say about square blowing it out of the water? reporter: this was a hugely important quarter for them. as you said, they blew earnings and revenue out of the water. a lot of this has to do with answering the investor question, is this a low-margin ditch -- niche payment processor? i think the past few quarters have emphatically answered, no, it is not just a payment processor. it is something that provides a full slate of business services for small and medium-sized business. now these newer products like loans, inventory, invoices, food delivery, have proven to be very fast-growing, higher profitability and higher-margin. square is showing it can continue to invest in growth while growing at scale, and continuing to improve profitability. emily: you just had a call with the square cfo. i will be speaking to her tomorrow o

the company run by twitters jack dorsey wound larger merchants and impressed with options like caviartant deposit. some analysts are skeptical about long-term growth, debating whether there is more upside. >> i think there's a lot of growth drivers in front of us right now. i never went under sell the core. what we do in terms of small businesses, merchants coming onto the payment system for the first time. still a ton of opportunity. 20 million small businesses and in countries like the u.k. was in the same thing coming too. the product is resonating with larger businesses, international. we are in five countries in total. and then finally the other products we built are starting to really gain a lot of momentum. capital, caviar, etc. emily: what have you learned from your lunch in the u.k. in the midst of brexit? >> we love the u.k. market, 5.5 million small businesses, incredible revenue is the lifeblood of that economy. what we see is similar to the u.s., half of them don't -- in terms, it's the same value proposition in the u.s. we watched with a really full vascular products. no

i think that jack dorsey should ring the riegister. he should say, i.. i made it go from 11 to 22.as been full-time for twitter. it has to happen. i do like square. we use tab. it is a very good product. erik in new jersey. >> caller: hey, jim. how are you? first time caller, long time listener. my stock is viacom industries. want to know if it is a good time to get in? >> i don't know. it was not a regular myth. i would hold off on that one, it was a nasty miss. they have to do better before i would commit. that is the end of the lightning round. >>> the lightning round is sponsored by td ameritrade. you know that thinkorswim seamlessly syncs across all your devices, right? oh, so my custom studies will go with me? anywhere you want to go! the market's hot! sync your platform on any device with thinkorswim. only at td ameritrade ♪ >>> has this rally run out of steam? the market took off like a rocket after the appointment of a special prosecutor to look into the trump administration's bizarre relationship with russia and the s&p 500 went on to close at a series of record highs bef

ceo jack dorsey address that had topic when he asked -- when he was asked about it at the company's shareholder's meeting just yesterday. he said twitter has considered that idea in the past, although the general case has always been to make the service free and open. in march twitter said they were considering a premium version. >> talking about twitter and getting your thoughts out there. happening today. b.a.r.t. has invited you to join its live twitter town hall. this is coming up soon from noon to 1:00. b.a.r.t. officials are discussing next year's budget and security improvements in light of recent robberies. you're invited to join the conversation. >> firefighters are investigating what caused a stunning commercial fire in sunnyvale and we brought you live coverage earlier on "today in the bay." and someone gave me this cell phone video before firefighters arrived. firefighters did arrive on scene just before 3:30 this morning to find that fire in a small restaurant which then spread through the attic to a computer repair store in the same building. firefighters tell us the fire does not a

he tells us where he is placing his bats and why he is still a lush on jack dorsey. most popular operating

today michael bloomberg and twitter's ceo jack dorsey are expected to make a formal announcement aboute partnership. >>> uber is making it easier for you to delete the app from your smartphone. users can now delete the app without having to contact customer support. but the ride share company will retain a user's data for 30 days after they opt to delete their account. beyond making it easier to delete uber, the app is also introducing more privacy features. users can now choose to no longer receive notifications for ride updates or for discounts. >>> and i'm dennis o'donnell. coming up the warriors can finally plan for their next opponent. we will tell you who that is and when it's going to be and could the giants closer close it out? we are up next. ,, >>> good morning, everybody. do you know what today is? today is may 1st. and there is no team more thrilled to see april in their rearview mirror than the giants who had their worst opening month since 1984. and the show in the cove is better than the show on the field right now. let's face it. mark ma lancein, san francisco leading 2

he shared a desk with jack dorsey.e had come from his native brazil. >> do you remember mike meeting kevin at stanford? >> i do. i specifically remember talking to kevin about odio and i was like oh you intern at the company that became twitter and we talked about it. >> we barely knew each other in college but it was only when i left my job at a small start up and i was like i want to start something independently. i met mike in a coffee shop and he was working on, he was hacking on a project and i was like cool. he's hacking on a project. he seems really smart. >> while he was still in college kevin turned down an offer to work at a company he was building. the entrepreneur was mark zuckerberg. the company was facebook. >> i remember meeting one of my mentors and i was like hey should do this facebook thing and i remember the person saying it's a fad. >> in 2010, four years after graduating stanford, they got together to start their own company. >> what was it like on day one when it was you two guys in the coffee sh

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stone says he will rejoin the social media company in the next few weeks after fellow co—founder jack dorseyk the shape of the four—fingered kitkat bar in the uk. the firm had been appealing against a previous verdict that said other companies could use the design in their products. nestle says it is disappointed by the court of appealjudgment and is considering next steps. the markets opened in the us a short while ago and they are down fairly sharply because of the political turmoil happening in washington. the concern among investors is that all of this could delay president trump‘s economic reform plans. economic —— the eu markets were already trading lower but the chill coming from washington has caused them to chill even lower. even the boost from lloyds shares priced not helping. that‘s all for now. she was one of television‘s best loved characters — hilda ogden — famous for her sharp tongue, her trademark headscarf, and her pinny. now some of those iconic items are going under the hammer. they‘re being sold at auction by the family ofjean alexander, the actress who played her for mor

he says he will focus on company culture after being invited back by his co-founder jack dorsey.n the news before finishing almost 1.5% up. he laughed twitter in 2011, long before its initial public inering -- he left twitter 2011. betty: knowing says it has resolved issues and has almost 37 orders from around the world. billing says that makes it the fastest selling aircraft in company history. the first plane has gone to malaysia and indonesia. the 737 production was briefly halted by problems with low-pressure turbine disks. china's embattled investors may finally win some respite. the pboc has boosted cash injections this week after leading a deleveraging campaign that wiped some $500 billion from a man stopped. our china correspondent, tom mackenzie, has more on this from beijing. more effort from authorities to bring back some stability in china. tom: that's right, a pretty painful few weeks with bond and equity investors. now something of a respite. we have seen this week, the pboc resorting to more seven-day reverse repos. what that impact has had for the bond yield, that

ceo jack dorsey stocking up thousands of shares in the media company. the bad, bradford down.ck is at a new low for the year. the stock sinking after the first quarter loss. faces competition like eli lilly and to be down almost 11%. >> the oil market closing for the day we're going to have the final trade. plus media tight and rupert murder do you have makes a play. we'll head to brian in beverly hills. >> we gunshot to change gear, we're talking oil and regulation. coming up after the break we'll chat technology. there's something about the company that i think is a great story about the u.s. economy, he may have in sight to where the economy is headed. we'll find out why with john chen after this break. stick around. why pause a spontaneous moment? cialis for daily use treats ed and the urinary symptoms of bph. tell your doctor about your medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, or adempas® for pulmonary hypertension, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess.

he used to do management calls with jack dorsey, not so much anymore. o choose one company to run and that microsoft never looked at twitter as an investment. also showed off a pretty interesting interactive clippers app that will allow sports fans and viewers later on to assemble an nba game after the fact in ways perhaps that we're not used to. that's one of the projects he's working on. along with another project to open up transparency on where your tax dollars go and as many guests said, no interest in running for public office. a lot of views forward and backward after ballmer's career in microsoft. in our next hour we'll talk to bob peck and others about valuations which is of course another big dynamic at this conference. not just the technology, not just the trends. but the amount of money that is pouring in to some of these stocks. guys? >> i'm just looking at shares of microsoft, carl. after those comments, you mentioned, you know, the stock has been on this amazing run, participating in the fantastic five f.a.n.g. tech rally, up 33% over the

knrevenue there's positives to point to but this won't impact any of the -- >> do you think that jack dorseyas ceo considering he's got another job at ceo at square now that business stone is reintroducing the business? >> no. i don't think this is anything about the ceo role, it's not clear to me that stone wob the right person for that job. certainly going in at a level, that's two levels, three levels below the ceo essentially, i mean obviously he stands apart from other managers being a founder, i don't see this as playing into that at all. >> well, with all due republican to business stone whom we've interviewed and seems like a capable guy, he's been gone for six years brian. what skill set do you think he's going to bring to twitter that's going to make a difference? >> well he's done a good job of describing the early days and if you ready about you go, oh yeah i can see how a lot of the culture at twitter today is largely informed by a lot of things that stone did in his earlier days. i think there's always been an infinity at that company for the people who were the founders. so, y

time for jack dorsey to say i've won in square. e as a customer for caviar. >> consolidating. >> jack you got me as a customer, sarah fryer can run it, step down. she's a fabulous cfo out of goldman and devote full time to twitter that, stock goes to 2, i just gave him as re recipe. >> did you it. >> jack sometimes watches we'll see if he responds. >> he's not like john ledger. >> we'll get with jim in a moment. later on exclusive with leon kuku cooperman of omega advisers. think again. ork? this is the new new york. we are building new airports all across the state. new roads and bridges. new mass transit. new business friendly environment. new lower taxes. and new university partnerships to grow the businesses of tomorrow today. learn more at esd.ny.gov say carl, we have a question about your brokerage fees. fees? what did you have in mind? i don't know. $4.95 per trade? uhhh. and i was wondering if your brokerage offers some sort of guarantee? guarantee? where we can get our fees and commissions back if we're not happy. so can yo

come later today from a joint interview with bloomberg founder michael bloomberg and twitter ceo jack dorsey you very much. more from washington today. the government will stay open at least for now. at a cost of $1.1 trillion. to take us through the deal we are joined by chief washington correspondent kevin cirilli. kevin, is this a victory for the democrats? victory somewhat of a for the democrats, particularly because this budget does not , so to any wall funding speak. there is $1.5 million in this budget for securing the u.s. mexico border. let's pull up more numbers about what is in there. a down payment for military funding, that is something that president trump has advocated for as well as $2 billion in increased for medical research. i think when you look at this, the administration and president trump opted to keep the government open and avoid a shutdown on the eve of his 100th day in office. this will keep the government open through the end of september, around the same time that there will be a debt ceiling fight. that could roil some members of the conservative base. that sai

jack dorsey is here tomorrow. enjoy your day, enjoy your weekend.g. i'm david culver. >> and i'm angie goff. straight ahead on "news4 today," derrick ward is live. >> reporter: a triple shooting at a hotel in alexandria. one man is fighting for his life. police are still o news4. >>> after the rain moves out, the heat moves in. storm team 4 exclusive ten-day outlook in just a few minutes. >>> and we are talking major metro delays. the work that is pushed back their plans by 45 minutes or so. we'll tell you how to get around the mess. >>> and the unforgettable present her family enjoys for decades to comb, they hope. that story and a lot more when you join us behind scenes and on facebook live. >> we're going to power that up, right? >> i am. >> we are back on air in 90 seconds. see you then. you'busted tail.rd. and impressed the boss. with strayer university's mba program today. let's get it, america. for years, fios has been promising fast internet to small businesses. but for many businesses, it's out of reach. why promise something you can't deli

pretty good week for jack dorsey.he oil is lowest in five months and productivity was pretty pumped. "squawk on the street" continues in a moment. i like russo. his on/off splits are the best here. yeah, but his offensive win shares didn't even break 4. come on, check out that stop-and-pop! what do you think? my trade-off analytics indicate no one creates more space on offense. this allows him to nail a jumper from a densely populated urban area. what you're trying to say is from way downtown? i am still learning. i can see that. hthis bad boy is a mobile trading desk so that i can take my trading platform wherever i go. you know that thinkorswim seamlessly syncs across all your devices, right? oh, so my custom studies will go with me? anywhere you want to go! the market's hot! sync your platform on any device with thinkorswim. only at td ameritrade for years, centurylink has been promising fast internet to small businesses. but for many businesses, it's out of reach. why promise something you can't deliver? comcast b