i think jana is correct on this. seven straight quarters they just continue to see declining sales. that's a real problem. i think a lot of that is because of the fact they went right after the grocery stores, of course. but the grocery stores, when you go into a kroger's, they all have their natural section now. they all have their whole foods part, and it's getting bigger and bigger. that's making it much more difficult for whole foods to be able to compete there, and that's why you wonder if jana at some point doesn't press it a little harder saying, hey, look, we need to do something and that's not necessarily in the store itself. >> the older stores have negative comps. secondly pricing pressure. commodity prices have been going down and down and down. they can't raise prices and people are saying we'll go to other stores and they can't keep the margins up so that's what you're seeing. >> so the stock is up 20% year to date. you know, you guys may be -- the commentary is a little more negatively bent. wells fargo out with a note today, they reiterate their outperform, $42 price

jana? >> reporter: frank, there were more than 6,000 people who signed the petition trying to create the new school district. tonight this meeting was absolutely packed. some people were standing in the the back. the testimony lasted for nearly three hours. >> reporter: a group of parents, teachers, students rallied before the public hearing. their message that the petition to divide the mt. diablo school district would hurt communities. >> my concern is the level of diversity we would have in those schools and also the access is our students would have to all the various programs that are currently district wide. >> reporter: the meeting was packed as both sides argued their cases across the contra costa committee in charge of school district organization. >> and for our kids we want something better. >> reporter: members of north gate says the community and advocacy for their public schools say they have been trying for three decades to have more local control over schools and their educa

jana, any word? >> i stepped out of the meeting. they have 5 items left on the agenda. they could settle the civil claim on the city. regains the trust and faith in the police department. the daughter of a police dispatcher was a teen prostitute who went by the name celleste. she was exploited. some while she was 16. sean went knew about the abuse and then resigned. her previous legal team requested $66 million. >> she can put this behind her because it was emotional and traumatic to be involved with the police officers. >> it is irresponsible. they should be paying for the action not the taxpayers. >> there are 4 other claimses there are felony charges for sex with a minor, obstruction of justice and prostitution. >>> >> it should pass but not necessarily unanimously. one feels the settlement is too low. >>> we have developing news from afghanistan. a heavy explosion has caused casualties in the nation's capital, kabul. at least 9 people were killed from a suicide car bombing. it was near several embassies. it destroyed several vehicles. >> the investigation into russi

board, but jana has been pushing for changes at whole foods and there has been speculations about aan see the shares are not up that much on an absolute basis, .8%, but obviously higher when these cross. if you look over the past year, at that whole foods stock, you see the big climb we have had over the past month or so on this speculation about what could be next for whole foods yard we will see -- whole foods. we will see if we get any more direction. go to mark crumpton on the first world news. mark: thank you. vice president pence is defending president trump's fbi directorire james comey. it appears, he was getting ready to step up the investigation alleging contact between the trump administration and russia. coming asked for additional resources for the investigation. rod rosenstein wrote the letter recommending comey's firing. members of the u.n. security council want to kn about russia's plans for syria. russia agreed with iran to set up a safe zones. moscow -- to endorse the plan. the wife of chris berman has died in a car crash. kathy berman's car slammed into another ca

the story was they offered a few board seats, jana wanted more. results were mixed. >>> symantec shares getting hit. results for the most haven't quarter were in line with ek pe expectations. >>> shares of elf beauty. the cosmetic company posting a 15% jump in revenue topping analysts estimates. >>> aig planning to name brian duffero as the nceo. the company is still working out the final details of his contract and are close to a final agreement. an announcement could come today. >>> abercrombie & fitch says it is in deal talks, express and american eagle are among those talking. >>> the bank of england announcement at 7:00 a.m. eastern along with the monthly inflation report. weekly jobless claims and the april producer price index out at 8:30 a.m. eastern. bill dudley is at a conference in mumbai, india, to speak about the benefits and challenges of globalization. more retailers reporting today. kohl's, macy's, nordstrom, tomorrow, jcpenney. we'll have a lot to get through there. that's been a weak area in consumer spending. >> the market has b

jana katsuyama has the story. >> reporter: the city's settlement comes as oakland struggles to regain the community's trust and faith in the police department. 19-year-old jasmine abuslin says she was a former teen prostitute. she initially said she'd had sex with as many as 30 bay area law enforcement officers who instead of helping her exploited her. some while she was 16 and still a minor. she claimed that oakland police chief at the time knew about the abuse and did nothing. he later resigned. and the city removed several police officers promising reform. her attorney says the claim onlially was filed for $66 million by her previous legal team. he says after extensive negotiations he recommends she take the settlement. >> she can put this behind her because it was quite emotional and traumatic event to be involved with the oakland police officers. >> she was sent to a florida rehab facility last august for heroin addiction but returned to testify in court. >> for them to commit those actions are absolutely irresponsible and they should be paying for that action and not the city ta

ktvu fox 2 news' jana katsuyama is here with more on his appointment. >> reporter: frank and julie, i spoke with his former boss who says mueller is a perfect choice. he describes him as someone with integrity who leaves politics out of his investigation. his appointment brought relief to republicans and democrats who now hope the 72-year-old former fbi director will bring credibility to the federal probe into whether the russian election meddling was linked to the trump campaign, rod rosenstein issued the order wednesday saying my decision is not a finding that crimes have been committed or that any prosecution is warranted. but, he said for americans to have confidence in the outcome, he felt the need for a special council who exercises a degree of independence from the normal chain of command. >> i think it is a good thing. because, it takes the politics out of it. this has gotten too political. those on the left yell impeach. some say it is fake. this is hopefully detoxing some of the politics. >> reporter: chuck schumer of new york says i have significantly greater confidence tha

, it won't work here either which is why the stock actually rallied today because the activists at jana aren't done. jana knows if management sticks to this timetable the marketplace won't allow whole foods to stay independent that longer. the stock goes up because it's too juicy a chance for someone else to come in and fix things if the current leadership doesn't have the guts or smarts or heart to do it themselves. believe me, if they won't, somebody else will. to sunny in california. sunny. >> caller: hi, cramer from livingston. >> nice! what's happening. >> caller: i'm wondering from target it's bottomed out with dividends earnings coming up, i wonder if this could be a thing for my long term portfolio? >> my daughter did go to target this weekend. i'm not tempted i think target is undergoing this whole change in retail i talked about. i thought the calls would not go back lower than 5%. i can't recommend target here. i'm sorry. there's retailers i do like and i talk about them all the time. that's not one of them. gary in south carolina. gary! >> caller: yes, cramer, how are you do

. >> thank you, janae norman, live in washington. >>> the white house is denying a new report that the president demanded james comey's loyalty. >> sources close to comey say he was summoned to the white house weeks after the inauguration. >> trump asked for his loyalty. >> i said, if it's possible, would you let me know am i under investigation? he said, you're not under investigation. i know that i'm not under investigation, me, personally. i'm not talking about campaigns. or anything else. i'm not under investigation. >> abc's jon karl pressed the white house. >> one of these conversations, the president said happened at dinner where the fbi director according to the president was asking to dprerngt don't you see how that's a conflict of interest. the fbi director is saying he wants to keep his job and the president is asked whether or not he's under investigation. >> i don't see that as a conflict of interest. and neither do the other scholars who have been commenting on it in the last hour. so no, i don't see that as an issue. >> act ek director mccabe would not confirm whether co

julia: we show you the stock partners% since jana were involved and they're hoping for a sale here. on their earnings would be what do investors want to hear on this? is it good news or bad news? i guess if we have good news for the government in make the sale is likely, perhaps, or vice sometime -- buys some time, which measures would prefer. from: there was no barclays saying that if the sales were about the stock would go up. we're looking for some signs of the ceo is taking control and sevenrn the sales around straight quarters of declining same-store sales is the worst slump for them in years. whole foods is never seen a soft like this. some sign that they are turning the corner is what investors are looking for. scarlet: we just show that the expectation is for comparable sales to drop 3% for the quarter. you mentioned the john mackey naod of the changes ja partners is looking for, does it include a change of the top, the ceo? -- they have not not said that specifically but they have talked about management being too thin. book outey has a new and is on a book tour and some ar

jana well, i don't know that anything has gone wrong. incident that the intelligence agencies will review procedures to see if they can do something better oi’ see if they can do something better or if there is something they have missed. does this indicate that there is something more? these alerts that were allegedly not acted on? public statements have come out to see that information has been passed them, but it's easy in hindsight to look at where you've missed opportunities, but what we are asking them to do is asking them to have 24—24 site, look at this before they have the full picture and that's difficult for them. they have to examine their own processes and where mistakes might have been made or where they can improve things in order to get that 20—24 site. will they be asking them sufficiently searching questions at themselves? definitely. they are dedicated individuals who want to make sure they get things right every time, and if things have gone wrong, they look to identify it in—house. if they have to make public stateme

. >> reporter: jana katsuyama, ktvu fox 2 news picture, sonoma county jail inmate who escaped from the north county jail is back in custody. authorities say richard medina stopped clothing and bedding inside a sheet to make it look like he was asleep in his cell yesterday morning. deputies believe they climbed over a fence topped with razor wire but he was found at a home in windsor later in the day. medina started serving a six- month sentence for adult with a deadly weapon in mid-march. >>> one worker at a half moon bay restaurant is under arrest, accused of using his cell phone to record people inside a women's bathroom. this happened at jersey joe's restaurant and the victims include children. one woman eating at the restaurant found the phone saturday night. investigators determined it belonged to pedro gonzales. they say the video captured images of two women and four children. anyone who visited the restaurant saturday night is asked to call the san mateo sheriff's office. >>> democrats in the state senate want to make changes to california's cap and trade program that lets big

jana has some of the remaining questions. >> reporter: investigating the russian meddling, no advanced notice blasting the director. >> he is a showboat, a grandstander. >> reporter: president trump had harsh words. previous statements said the firing was due to a recommendation from rod rosenstine. comey lost the president and agent's confidence. testifying before the intelligence committee said that was not so. >> director comey enjoyed broad support in the fbi and still does to this day. >> reporter: there are adequate resources for tampering. >> there has been no efforts to impede our investigation. you can't stop the fbi from protecting the american people. >> reporter: mark warner said the timing of the firing was suspicious. he pressed mccabe. >> do you commit to forming this committee with the ongoing investigation into links between russia and the campaign? >> i do. >> collusion concerns were a hoax. >> if russia or anybody else is trying to interfere with our election. i want to make sure it will never ever happen. >> reporter: they are pressing forward with the investigation

in oakland, thanks, jana. >>> a kidnapping of a san jose state university student. the victim has told them she made it all up. the student told police she was taken from her apartment in san jose at knife point and forced to drive hundreds of miles. today police detectives were able to meet with the woman. she recanted her story. no other details were given. >> the jet blue flight made an unscheduled landing. a laptop caught fire. an air port spokesperson said no one was hurt. it landed in grand rapids. the plane continued on to sfo and is scheduled to arrive in 2 hours. >>> police arrested an armed man in orlando florida after a stand off in the rental car area. no one was hurt. the suspect michael wayne was carrying a replica gun. petigru wanted to commit suicide by cop. a terminal was shut down and roads were closed causing delays for travelers. >>> garcia torres' fate is in the hands of a jury. the 6 men and women found him guilty and have to decide between life in prison and the death penalty. wrapping up closing arguments in the penalty phase of the trial. >>

jana offloads most of its bristol myers stake. maybe it's time to sell, sell, sell. yes, it's 13-f time where funds disclose their holdings and investors might want to piggy back, they've done the research, right? why not tag along for free, what an opportunity. it's a time honored concept. and with the concept of hedge funds, even though they're a group that underperform, it's amazing that we still actually care about this nonsense. they aren't telling us anything, they aren't advising us. and for all we know they're selling these stocks for any number of reasons, including if they have a profit or if they have redemption, maybe what they sold, they just bought it back. we have no idea. just in case you think i'm crazy and these people are worth piggy backing on. back in 2013, we learned that carl icahn sold all of his stock in apple when it was at $75. what was he worried about? he said i am worried about china, so he dumped the stock, here's what's so interesting about this, sure, the obvious is true, it was a terrible time to sell apple, the stock was at his bott

. >> allison kline serves hope through writing, encouraging janae nevaeh. khiseer davis-papther was only 13. >> help me speak out to myself. then i am not alone. >> reporter: grammar, spelling and punctuation. >> you make people feel how you feel. these kids are up against so much. they have the deck stacked so much against them. >> reporter: so miss kline started this enrichment writing class and what happened next became teenage therapy. >> granddaughters, sisters, daughters and survivors. >> reporter: it's called slam poetry. >> my city for kids who can't read by the time they're 9. >> reporter: now nothing stops them. >> it doesn't really bother me now. >> we're going to graduate class of 2023. we're going to change. mark my words. >> i'm not just oh, she's black so she don't know how to read. she don't know how to write. there's more to me. >> stop the hate. stop the killing. stop the violence. >> when i share my words i feel like i could be myself more. >> when they're given a chance, it is incredible what they can do. >> reporter: in north philadelph

gained position from appalossa as well as jana, yahoo! had risk to its takeover due to a hack, but that was sorted out by mid-february. then snap. shares saw quite a bounce after disclosures that appalossa third point ers and soros took positions in snapchat. it's unclear whether they still hold them. >>> man group's pierre la grange said he expects confidence in europe po continue fto continue. gemma acton got the chance to talk to pierre. what was he like? he's a big name when it comes to the hedge fund industry. is he still bullish on european equities? >> he is bullish on european equities. we were talking about whether valuations are justified or not. he seemed to think that in the eurozone they are. it's more of a mrixed pia mixed. let's hear from the man himself and hear what he had to say. >> i think there's a lot of difference between different e geograp geographies. in europe, if you look over the last year, we are in the fist time over the last few weeks since the french election, we have a lot of positivities. you have a centr

erik: bill, it's been 2.5 years since you started at jana. how would you rate yourself? i'm going to sound like trump here. in a minus in terms of performance. 4%tell clients to expect a or 5% return with very low volatility and that is what we have reduced. almost like a money market fund. prefer instead of 2 billion and it is growing for it to be 200 billion? of course. from that standpoint, we are a little disappointed. but performance has been my main criteria. so i'm liking myself. erik: good to be here on a day when bill gross likes himself. scarlet, the incomparable bill gross. back to you in new york city from beverly hills. scarlet: erik schatzker at the milken institute global conference in beverly hills. tom: fed coverage will continue and we will get lots of talk as michael mckee here in washington and ira jersey of bloomberg intelligence will stop by as well. here is a statement by ben bernanke. let's less -- listen. in terms of: putting people back to work, it would've made more sense to have tax cuts in 2013 or 2012. with unemployment at four point 5%, the

i certainly thank on my staff charles, chuck, kiefert, jana paterney, gene quaid as well as assistants from senator schumer and his staff, including mike lynch. i want to thank and recognize bruce evans and fitz elder from chairman cochran's staff, the staff director and deputy staff director. they worked very, very hard. and lastly, on a personal matter, mr. president, i do take a moment, a special recognition for my staff director on appropriations, charles keifer. chuck is well known to the senate. he's a familiar figure here in this chamber. he served on the appropriations committee for many years, under numerous chairmen and vice chairmen. i was grateful that he was willing to take on and continue there when i took over as vice chairman. a lot of people don't know he has been working around the clock on this. in march, he lost his father jerry. just a few weeks ago, he lost his mother fran. if you know even a little bit about his parents, there is no doubt where chuck gets his dedication to public service. his father jerry served as the executive director of the national cultural

increased activist pressure not just from jana but owns about 2.7% of the company sent a letter lateially saying you'd better hire some advisers here and explore strategic options. from other major shareholders disappointed with the stock. >> it's one of the reasons the stock has been on a bit of a shorter to medium term move higher in the markets as people were expecting these changes with activist type voices in the marketplace and of course other big investors as well. so this is a stock that was once very much on a down trend but has found at least a little bit of footing as of late because of this movement. we'll see if it continues. >> dom, i can't keep up with you. >> the magic of television. >> we are moments away from a very highly anticipated white house press briefing, maybe the most highly anticipated of the trump presidency so far. it comes one day after the president fired fbi director james comey. we will hear from the white house deputy press secretary, melissa mccarthy -- sorry, sarah huckabee sanders. you'll see it when it begins. >>> hi, everybody. i'm sue herera.

isis now claiming responsibility for that bombing outside of an our jana grande concert. 22 killed andquawk box" will be right back. your muscles look good, but we should be seeing more range of motion. i'm fine. okay, well let's see you get up from the couch. i'm sorry, what? grandpa come. at cognizant, we're uniting doctors, insurers and patients on a collaborative care platform, making it easier to do what's best for everyone's health, every step of the way. you may need more physical therapy. ugh... am i covered for that? yep. look. grandpa catch! grandpa duck! woah! ha! there you go grandpa. keep doing that. get ready, because we're helping leading companies lead with digital. >>> breaking news. officials arrest a 23-year-old man in connection to the deadly suicide bombing in the uk. a live report from the scene straight ahead. >>> president trump responds to the attack. >> i will call them from now on losers. because that's what they are, they're losers. >> counterterrorism expert richard clark will join us. >> plus the trump budget revealed. we'll talk to house majority leader k