attorney john taylor that filed a lawsuit against detective lazarus and also the lapd claiming the departmenty ignored clues that pointed to a fellow officer. >> the earlier missteps of lapd weren't missteps. they were intentional conduct, intentional ignoring of evidence, and beyond just being sloppy or lazy. >> the fact that they didn't close the case, and that they didn't listen to the family, those two things are not evidence of a cover up. >> it wasn't that they didn't close the case, they didn't do anything to create a case. >> he says that in 1986, the detectives were protecting stephanie lazarus. >> they actively covered up the identity of the person who committed this crime. >> the lawsuit alleging a cover up was dismissed in 2011. charlie was then the lapd chief and he spoke with us about the case. >> i can accept somebody that's unable to solve a crime that's solvable. i cannot accept somebody that covers up an individual involved in the crime. and i have absolutely no indication that that's what happened here. >> there's nothing to suggest they deliberately looked away from stepha

>> john taylor >> pretty good show. >> it was a good show. >> and becky quick and joe kernen >> that'stures are up by 161 points make sure you join us tomorrow right now it is time for "squawk on the street. ♪ good wednesday morning, welcome to "squawk on the street," i am carl quintanilla with jim cramer, big morning as powell speaks, futures up 160, suggesting the bar for good news both on the fed and the president meeting the chinese this weekend europe is higher about half a percent. watch bond, the third quarter, consumption is

underlying fundamentals that's underappreciated and this speaks to the discussion you had with john taylorer the other day. the mix of growth matters a lot. right? so housing has slowed. capital investment is still booming. i know andrew likes to take the government at their word but i was in last time and said, no, it didn't slow much in the third quarter. it was revised up in the gdp but the bottoms up capital investment numbers, s&p 500 were up 16% in the third quarter. they're going to -- government's going to revise up their numbers further. capital investment is booming. that makes productivity go higher clarida talked about that this week that is a much better mix of growth than just driving up growth through residential investment or consumption. >> john taylor was on the other day? >> yeah, it was wednesday. >> wednesday >> remember, you were debating. >> no, no, i'm kidding things do run together and you messaged me that day i actually told our friend andrew what you told me to tell him which was before 1913 tariffs were one of the main sources of income for the u.s. government a

taylor killed in afghanistan. the major was also their mayor. john call says taylor was the town's heart and soul. >> that's what he made the city, he made the city our family. >> reporter: killed in an apparent inside attack by an afghan security force major, taylor knew the danger. one of six brothers to enlist, he was awarded a purple heart and bronze star after four deployments. >> he was motivated by love. that's why he wore the uniform. that's why he served in the community. >> reporter: his service now the sacrifice of his family, taylor leaves behind wife jenny and seven children. in his final days, taylor helped secure elections in afghanistan. his last facebook posted a dressed our midterms. i hope everyone back home exercises their precious right to vote. god bless america. a major and mayor, a husband and father, an american hero, brent taylor is coming home one last time. miguel almaguer, nbc news. >>> a massive gas explosion levelled a mansion outside philadelphia, nothing left but rubble. heard in new jy.stayg in a guest house while th

>> john taylor >> pretty good show. >> it was a good show. >> and becky quick and joe kernen >> that's right. that could be what turns the market dow futures are up by 161 points make sure you join us tomorrow right now it is time for "squawk on the street. ♪ good wednesday morning, welcome to "squawk on the street," i am carl quintanilla with jim cramer, big morning as powell speaks, futures up 160, suggesting the bar for good news both on the fed and the president meeting the chinese this weekend europe is higher about half a percent. watch bond, the third quarter, consumption is lower our road map begins with way off base, the president renew his criticism of the fed >> plus the trade, stocks seemed to be poised for ahm mid open. there seems to be some sort of compromise with china. >> after a 16-year, microsoft is inching its way back to the top stop and apple is tumbling fed chair powell is speaking in about three hours. he told the washington post he's not even happy of powell what the president said gm recently announced plant closures we'll bring you full coverage of jay powell

guess what john taylor kevin would have been worst problem. >> are we surprised, the federal reserveg a decade of you know, flat rate zero even negative from time to time? >> the if wants to go back to having real rates, you know, based on real economic backdrop rather than all stimulus. >> inflation has risen from well below target to its target so it made acceptance for them to have done what they did. the question is how much farther do they go, that is why we got to watch people, powell tomorrow. >> quickly one thing i want to point out is that people's talk about oh well we need to get back to what 30-year fixed-rate mortgages 5% right now we need to get back to where about we have been over the last 50 years this is 8%, it is a different world. and i think that they -- that i think every economist is struggling to figure out what is a normal range of interest rates, in this -- developed global world. >> the problem when you do go from interest rates at one point one five mid 2016, to offer 3%, on the 10 year, in a matter of two years, that is a huge move very quickly, even if 3

brian: van buren, john tyler, zachary taylor, groveland cleveland, jimmy carter, when did you first getnterested in the idea of politicians, presidents, politics? mr. gerhardt: i think it happened very early. i grew up in alabama and i grew up jewish in alabama in the 1960's. i was a time of great turbulence. the civil rights movement was unfolding in front of me. i paid attention to it and those events from the 1960's and 1970's shaped my interest in civil rights and in law. i was watching presidents, courts, congress, local politicians. when i got out of high school, i was pretty sure i wanted to be a lawyer and study constitutional law. brian: when did you decide you wanted to get involved in the 1984 al gore campaign? for senator, not president. mr. gerhardt: correct. the reason i got interested was because i had come to tennessee after graduating at the university of chicago law school and i worked for a district judge in memphis and i was law clerk to a judge in nashville. when i was in nashville as i began to think about what i wanted to do, i was looking around and realized ther

>> reporter: taylor is being remembered as a man who wanted to make the world a better place. city administrator john worked with him.>> my heart ble kids. i just can't imagine what they are going to go through. >> reporter: less than a week before his death, taylor wrote would be his final facebook post, urging everyone to vote, regardless of party we have more than unites us than divides us. >> final message of an american hero. that is "cbs overnight news" for this tuesday. check wiwith us throughout the y captioning funded by cbs >>> it's tuesday, november 6th, 2018. captioning funded by cbs >>> it's tuesday, november 6th, 2018, this is the "cbs morning news." the midterm elections are finally here. days, months, even years of work oday as ame >>> call come into place today as americans cast their vote. a look at some of the most heated races. reports of an attempts election hamming in georgia. the accuse saeg and the evidence. and severe weather do challenge some polling places.

taylor: quickly here, john flannery wasn't given a lot of time, how much time does john called have?ion.t is a great you can't turn this ship around fast. i think if he stabilizes power, it's hard to know. i hope they give him more than a year because it can be fixed in a year. he has a lot of credibility. he has done some excellent work, he was one of the youngest ceos ever. they put a good guy behind this thing and the need to get them sometime. i'm hoping that he gets a couple years. taylor: thank you. still ahead. futures in focus is next. this is bloomberg. ♪ guy: live from london, i'm guy johnson. taylor: in new york, i'm taylor riggs. this is bloomberg markets. global benchmarks are rising today as opec and its allies are laying out the groundwork to cut supply and 2019. -- in 2019. give me your early research. ira: the saudi's are talking of cutting at least 500,000 barrels a day in december by themselves. when the meeting happens in december, getting opec to commit to maybe a million barrels a day of reduction because the extensions to ir that the president gavean.when he ga

taylor arrived from afghanistan. the mayor of north ogden in utah was killed saturday. johne. >> in north ogden, utah the to town's all-in mayor. >> there's really no words to express the loss we feel. >> major brent taylor with the public servant committed to military service. four times he deployed to afghanistan. he was one of 15,000 u.s. troops still serving in afghanistan. a war that has raged for 17 years. he posted this on facebook before his latest deployment. >> ours is a small sacrifice compared to what so many throughout our nation's history have done and given. >> last week major taylor made the all-time sacrifice a member of the military he was helping to train shot. that brought the loss of a husband, the loss of a father to seven children. >> he was an awesome role model, active in the guard. we have losz a hero. >> just one week before his death major taylor what would be his last post. we have far more as americans that unites us than divides us. he wrote adding i hope everyone back home exercises their precious right to vote. >> america is serving. that was

taylor: maria, you mentioned that john claude was under pressure and theresa may was under pressure. to the u.s. and global audience, who needs for this deal to go through more? >> i think at this point, the european union has made it clear that there has to be an exit done in a way that is orderly. by now, no one wanted to crash out, but the economic impact, you would argue at this point, if you look at what businesses have said at the bank of england, the board said it could be a big problem for the u.k., and you see that reflected in sterling. trade don't know how to and they want a decent transition that provides some stability. like theresa may was saying, the key is that you have to get the deal done. now both sides say, we have to be happy with the withdrawal agreement in simple english. we also have to agree on a future relationship. theresa may thinks she can get concessions on the future, so this will be so great for the u.k., that all the nasty bits will not matter because the future will look good for the u.k. the problem for the european union, they argue that brexit has

>> reporter: taylor is being remembered as a man who wanted to make the world a better place. city administrator john him. >> my heart bleeds for those kids. i just can't imagine what they're going to go through. >> reporter: less than a week before his death, taylor wrote what would be his final post on facebook. he urged all americans to vote, saying, regardless of party, it's important to remember we have more that unites us than divides us. >> and we have to keep reminding ourselves about that. thank you, john. the death of any american soldier fighting for our country is painful but this raises questions. you look at his family photo, his fourth tour, he wanted to go back again and he was killed by someone from the psd. i don't know how you protect when you're attacrom the inside. >> he and his brothers all enlisted after the september 11th attacks. >> when he left to deploy this time, people from the town lined the streets to applaud him. >> we need to refocus on the service and sacrifice that men and women are still facing today. these wars are not over. >> yeah. >> the guy in the report raise

words were "god bless america." >> reporter: brent taylor was a major and a mayor, a politician and a patriot, and above all, a husband and a father. johnstone, cbs news, north ogden, utah. >> glor: that is the "cbs evening news" for tonight. i'm jeff glor at cbs news election headquarters in new york. we leave you now with the tower of london lit up to commemorate the centennial of the end of world war i. good night. >>> it's a 24 hour campaign blitz and we're right in the middle of it. >> it's been a mad rush with candidates in the bay area pushing people to the polls. >> plus the gas tax, dialysis and rent control, we break down three of the most hotly contested and expensive ballot measures. >> also a bay area family devastated and confused tonight over how and when they learned their relative was

taylor: do you think any should be on the hook? john: i think so.ome accountability, and the state was making those points, but whether they allow them to go into full bankruptcy or not, there needs to be accountability for the issues that have gone on there. , thel not delve into that specific issues that pg&e, but what this is symptomatic of, whether it is cold bailouts or new bailouts, a bunch of other issues surrounding the u.s. power industry, the u.s. power industry is fragmented, old, off old technology and it needs to change. we need to put the people first, at the center. consumers need to be able to choose the clean, reliable power that we cannot provide with roller technology and rapidly declining battery prices. we can get you battery prices along with the technology and electronics that are going in to make smart homes. we need to have these technologies provided to all people and put the consumer first. taylor: we are seeing the disruption through technology, climate change in the political environment. does the cost of capital increas

taylor all gren. >> we'll assume he was in support with improvements. >> john long, jennifer wong. >> i bike to work everyday. my office is fifth and townshend. it gets real heck tike out there. i encourage you to complete this project post haste. i've seen quite a few accidents or people on bikes getting run over. there are cars that are pulling over quickly and people jumping out without looking. there's a lot of parking there and as the other speaker said, it's dangerous. you don't know if someone will pull out. it's bumpy. the safety is important for us to kind of get off the dependency of cars and use bikes to commute. it's fantastic. i think about my safety. i appreciate it. push it through. get it done bit end of next year. it would be so cool for me. i really appreciate you being here and listening to us and hearing our concerns. let's get this thing done together. happy voting day. >> thank you for coming down. >> jennifer wong, herbert wiener. >> hell oh i'm jennifer wong, i'm a member of the bike coalition, league of women voters and i also participate in the community groups san francisc

taylor: how are you playing u.k. in your portfolio? are you buying assets, staying out altogether because of the uncertainty over brexit? johnunately, we have a global mandate, so our first approach when we have some binary outcomes is to try not to play too much at all. we do not have a lot of u.k. specific risk. we are not running a lot of unhedged sterling explosion that exposure. sterlingof unhedged exposure. we would rather make our investment decisions across a broad range of risks, rather than just take flipping a coin or putting the chips on red or black. taylor: you were talking about treasuries earlier, and i want to pick up on something you said, that the treasuries are looking expensive again. perhaps we missed the boat on where they were cheap. when do we start to see an asset allocation out of bonds and back into equities, if bonds now look expensive? john: i think they look fairly valued against the backdrop of a shrinking fed balance sheet and tighter rates. so we were looking for an opportunity to pick them up on the cheap side, we did a little bit of that. and i think of now priced out fed, some of the fed

john watson. thank you, good afternoon. the pfa chief executive gordon taylorth more than 300 current and former players signing a letter calling for him to resign. 0ur sports correnspondent david 0rnstein has been following the story. we know we are dealing with the man who has been in charge of the pfa for a long time now. 40 years as chairman and then chief executive. he is 73 years old. we know about this reported open letter that has been signed by more than 200 players past and present. a man who is earning £2.29 million a year making him the most highly paid union boss in the world apparently. this open letter from in the world apparently. this open letterfrom him, finally he spoke amid all this criticism and said they have listened and taken time to carefully think about what is in the best interests of the organisation and members, they are extremely proud of the work they do and they are happy to defend their record including on issues such as mental health, diversity and player welfare but they admit there are always areas they can improve and they a

john mcenroe and the olson twins. you were born on december 13th. you get taylor swift and mary to do todd-lincoln.n under a lucky star. trish: you do some weird research. it's really good to see you. happy thanksgiving. you are going to celebrate it, right? right? i bring that up only because of -- thank you so much. good to see you. >>> several colleges are waging war on none other than thanksgiving. i am not kidding on this one. they want it done and over. coming up, why these liberal campuses think it's so outrageous for us to celebrate thanksgiving. the pc police won't stop. nobody gets to have any fun on thanksgiving. alerts -- wouldn't you like one from the market when it might be time to buy or sell? with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today. fidelity. the full value of your new car? you'd be better off throwing your money right into the harbor. i'm gonna regret that. with liberty mutual new car replacement, we'll replace the full value of your car. ♪ liberty. liberty. liber

. >> north ogden administrator, john call, considered him as close as family. >> it just doesn't seem real. >> taylorthree days after getting engaged to his wife, jenny, who came with him to the recruiting office. >> military service involves the entire family. and my family is very proud to be a military family. >> in the years that followed, brent and jenny welcomed seven children. megan, lincoln, alex, jacob, ellie, and young caroline, just 11 months old. >> it's obviously heartbreaking, but the family has no regrets that he was doing what he loved, serving a country he loved, and working with people that he loved and cared about in afghanistan. >> taylor's family is not oh loan in their grief. in a letter to jenny taylor, afghan pilot, abdul raqmani asks her to tell her children that their father was a compassionate man whose life was inspirational. he died on our soil, but he died for the success of freedom and democracy in both of our countries. even in death, taylor's service to country continues. his final facebook post implores americans to exercise the freedoms he died fighting for. quote,

john mcenroe and the olson twins. you were born on december 13th. you get taylor swift and mary to do todd-lincoln.lucky star. trish: you do some weird research. it's really good to see you. happy thanksgiving. you are going to celebrate it, right? right? i bring that up only because of -- thank you so much. good to see you. >>> several colleges are waging war on none other than thanksgiving. i am not kidding on this one. they want it done and over. coming up, why these liberal campuses think it's so outrageous for us to celebrate thanksgiving. the pc police won't stop. nobody gets to have any fun on thanksgiving. ♪ ♪ the greatest wish of all... is one that brings us together. the lincoln wish list event is here. sign and drive off in a new lincoln with $0 down, $0 due at signing, and a complimentary first month's payment. only at your lincoln dealer. and a complimentary first month's payment. the full value of your new car? you'd be better off throwing your money right into the harbor. i'm gonna regret that. with liberty mutual new car replacement, we'll replace the full value of your car. ♪ liber

taylor: will the good news is brexit is not going anywhere so we will get you back for another update. that was johnunt on to black friday one week from today. we take the pulse of retail ahead of the holiday season. this is bloomberg. ♪ taylor: let's get a check of the latest business flash headlines. fidelity investments has named their head of asset management according to a memo seen by bloomberg. google's cloud ceo is leaving. she has pushed for three years to catch up with market leaders. she will step down from her post and be succeeded by a former oracle's executive -- oracle executive. supposedly are ponying up for their pets. more than twice as much on their pets as consumers overall. millennial households will fork over an average of 183 thousands -- 183,000 for gifts. romaine: will it be more or less than that? taylor: all i know is i get great satisfaction from by my cat toys. so i might be one of the ladies that dies alone for my cap -- with my cat. romaine: i'm been a walk to rockefeller center. they just opened a new fao schwarz. that was the most fun store in the world and i'm so sa

prime minister met taylor savini called any possible sanctions against italy disrespectful towards his citizens for the legal action terry is a professor of political science at john cabot university in rome he says it's a very serious situation that everyone could see coming. brussels i'm afraid is right in turning down italy's budget law because it budget would not pass an economics one hundred one class it's highly unreliable projects and it has to be revised or none of the other twenty six e.u. governments. in addition to the italian have approved of this project so it's not a question of the evil brussels as of the new puts it who just once in order to irritate the and humiliated city it's the other twenty six governments including mr or bans in hungary including the polish government the czech i mean the famous or infamous of the sugar out the populace they were also turned down the budget law so that is definitely food for thought if not for more the race to replace anglo-american as leader of germany's christian democratic union is gathering pace spotty members are getting the chance to question the three people who want to succeed merkel dammy cain report

doha rodney taylor coordinator of international studies and professor of language and literature at the community college of cutter welcome to you all ronnie let me start with you so you saw john hendren report there he's in georgia and in georgia you have a race if for governor in which the person who's overseeing the elections in that state is also a candidate for governor many say that that is improper many say that that is unethical how exactly is this allowed to happen this is simply a continuation of the status quo since the jim crow era and which blacks recently freed blacks were disenfranchised by the government by the slave state legislature to make sure that they could not use the power at the ballot box to change their political destiny and that is what is at stake once again he has refused mr kemp has refused to recuse himself so this is a highly unethical he has also raced many people from the voter rolls including new immigrants recently naturalized citizens who came to them in states to fully participate in the american democratic system it is a shame and a sham in my opinion and is simply a continuation of what we have faced especially in the southern states of

doha rodney taylor coordinator of international studies and professor of language and literature at the community college of cutter welcome to you all right let me start with you so you saw john hendren report there he's in georgia and in georgia you have a race if for governor in which the person who's overseeing the elections in that state is also a candidate for governor many say that that is improper many say that that is unethical how exactly is this allowed to happen this is simply a continuation of the status quo since the jim crow era in which blacks recently freed blacks were disenfranchised by the government by the slave state legislature to make sure that they could not use the power at the ballot box to change their political destiny and that is what is at stake once again he has refused mr kemp has refused to recuse himself so this is a highly unethical he has also raced many people from the voter rolls including new immigrants recently naturalized citizens who came to them in states to fully participate in the american democratic system it is a shame and a sham in my opinion and is simply a continuation of what we have faced especially in the southern states of

taylor to eight years in state prison. in san francisco michelle kingston kron 4 news" (ken) a big takeaway from the bay area toll authority oversight committee hearing... johnwin with the metropolitan transportaion commission explains back in 2015 - the mtc asked an enginnering group to study the costs and challenges associated with going cash free at the toll plazas - similiar to what the golden gate bridge had done back in 2013. (ken) goodwin says some of the benefits of going for open tolls would be to improve traffic flow at the plazas, reduce emissions, and protect toll workers... as for the bay bridge... that would be the last of the 7 bridges to have it's toll plaza come down, because of the volume of traffic (ken) the newly elected members to the u.s. house of representatives and senate have arrived in washington for orientation. the group includes a record number of women who won seats in the house. kentucky senator mitch mcconnell welcomed the fresh

doha rodney taylor coordinator of international studies and professor of language and literature at the community college of cutter welcome to you all ronnie let me start with you so you saw john hendren report there he's in georgia and in georgia you have a race if for governor in which the person who's overseeing the elections in that state is also a candidate for governor many say that that is improper many say that that is unethical how exactly is this allowed to happen this is simply a continuation of the status quo since the jim crow era in which blacks recently freed blacks were disenfranchised by the government by the slave state legislature to make sure that they could not use the power at the ballot box to change their political destiny and that is what is at stake once again he has refused mr kemp is refused to recuse himself so this is a highly unethical he has also raced many people from the voter rolls including new immigrants recently naturalized citizens who came to them in the states to fully participate in the american democratic system it is a shame and a sham in my opinion and is simply a continuation of what we have faced especially in the southern states

doha rodney taylor coordinator of international studies and professor of language and literature at the community college of cutter welcome to you all right let me start with you so you saw john hendren report there he's in georgia and in georgia you have a race if for governor in which the person who's overseeing the elections in that state is also a candidate for governor many say that that is improper many say that that is unethical how exactly is this allowed to happen this is simply a continuation of the status quo since the jim crow era and which blacks recently freed blacks were disenfranchised by the government by the slave state legislature to make sure that they could not use the power at the ballot box to change their political destiny and that is what is at stake once again he has refused mr kemp has refused to recuse himself so this is a highly unethical he has also raced many people from the voter rolls including new immigrants recently naturalized citizens who came to them in states to fully participate in the american democratic system it is a shame and a sham in my opinion and it's simply a continuation of what we have faced especially in the southern states

taylor will face 8-years. ( darya ) still ahead on the kron 4 morning news... we continue to track the smoky skies all across the bay area... the smoke actually getting worse for many area. johntracking it in the weather center. (james) welcome back to the kron four morning news... lets start the half hour with a check of weather and traffic... a cool and smoky finish to the week. skies will continue to be seen carrying some haze as we push into the weekend. daytime highs will remain cool mostly in the 60's with just a few 70's and with morning lows falling into the 30's and 40's. skies will begin to clear into the weekend with further improving air quality next week ahead of thanksgiving. no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. san mateo bridge less then 30 min from 880 to 101. golden gat bridge drive time less than 30 min from 37 to the toll plaza. richmond bridge drive less than 20 min from the toll to 101 ( james ) a big story this morning is our continuing coverage of the deadly camp fire burning in butte county. the death toll has risen this morning to 56 people. there are still 130 people missing. we have new numbers this morning .