kathy entwistle is with us.rt there because it feels as though we are seeing great rewards but big punishment on the earning side this order -- quarter. kathy: absolutely. anytime a company is giving negative earnings, we will see that reaction. i think the general overview right now is very positive with some of the stimulus discussions in washington and the vaccines getting out there. there is some positive momentum with those companies that are delivering on the positive side, and also the ones that have made that transformation the digital transformation to do well in this environment. vonnie: kathy, what is your baseline scenario for how much goes out in pandemic relief? kathy: we are looking at somewhere between $1 trillion to $1.5 trillion for the covid- related stimulus package and we expected in the next four weeks or so. that will lift 2021 gdp forecast by 1.6% to 7.6% in the fourth quarter. the numbers are important, but the trend, the concept that this will come earlier than expected, we will see a t

and just keep moving >> and kathy joins us live from central park so, kathy, the storm has just started pulling away, right, from there >> reporter: kate, that's right certainly was a fast mover with most of the snow fall from sunrise to sunset. central park got about 4 1/2 inches and the deep freeze is next overnight temperatures will be staying in the 20s kate >> all right, kathy park, thank you. >>> there's a reason for optimism tonight as covid cases and hospitalizations trend lower. but there's news that the uk variant is spreading quickly inside the u.s and that south african variant may pose a challenge to at least one vaccine. here's sam brock >> reporter: tonight, new research is putting the threat of the fast-moving uk strain under the microscope the findings from a group of scientists which are not yet peer reviewed shows the variant appears to be doubling in the u.s. about every ten days its transmission rate is at least 30% to 40% higher than more common variants and backing up cdc warnings the strain is likely to become the dominant one in the u.s. by march. this comes as

so far this season new york city has doubled its average snowfall totals jose >> kathy park in new york. thank you. meteorologist dylan dreyer is here with more on that storm and what we could expect next. dylan. >> jose, it is brutally cold tomorrow morning we are going to see wind chills about 20 to 30 degrees below zero even billings, montana will feel like it's 40 degrees below zero. not much better through the afternoon, with wind chills still feeling like they're in the teens to 20s below zero. so really exceptionally cold we also have to get rid of this ice storm that is going to continue to bring mostly rain but also some ice through the mid-atlantic tonight into early tomorrow morning and then monday into tuesday going to have a big snowstorm for especially the middle of the country, an area not used to seeing this much snow we could end up with about six to ten inches in parts of the plains jose >> dylan dreyer, thank you so much >>> still ahead, the desperate search for migrants trapped in the back of a tanker truck after their chilling 911 call. the authorities now have a le

now kathy might be more interested in making sure her son works for her at the p.u.c., just as they've been instrumental to taking this agency from a top agency to the bottom. thank you, and i look forward to hearing back from you. >> operator: thank you for your comments. next caller, your line is open. two minutes to speak to item 9-e. >> eileen broken, coalition for san francisco neighborhoods, speaking on my own behalf. i would like to thank the commission for severing this item and for giving an initial presentation to clarify what it was all about. thank you. >> operator: thank you for your comments. another caller has joined the queue. caller, two minutes of public comments on item 9-e. >> so commissioners, you keep hearing from what ali altaha is explaining to you. what are you all going to do

alix: sure. -- kathy: sure. we are optimistic on both. the biggest surprise in the last year, we expected institutional investors to start moving into bitcoin. on that score, massmutual was a positive surprise. think about all the hoops that they had to go through to put $100 million on its general account even though it is .001%. they had to go through a lot of regulatory hoops, and that was a big surprise. our positive surprise, even though we expected institutional investors to move in. what we did not expect was the diversification on their balance sheet and the diversification of their cash assets into bitcoin. and that has been a positive surprise. we think it will continue. and, there is another thing that we think could come out of this related to it. when you think about 60-40 when you talk about announced accounts. 60% equity. look what is happening in bonds. talk about the need for diversification. if we are ending a 40 year secular decline in interest rates and/or even just flattening out or moving up slightly. that asset clas

now, i want to take a moment to congratulate kathy. kathy and i, neither one knew hardly anything about community control. really and truly, we knew that it was started in west virginia and greenberg county, but we really did not know anything about it. so with all that, right behind all of that, kathy needed to have supposedly a call, and i donated my salary and slowly but surely they started off these community schools. can you just imagine this? and i want you to cheer like crazy for this, that today, communities and schools, and i am telling you the honest to god through, i know what is going on in our schools in a lot of situations. i have coached forever. i have been there. i have seen the good and the bad. i am telling you without any question, the most profound program we have going on within our schools today is community [indiscernible] they had touched 49,000 kids in 29 counties. you have got to give them a round of applause. please do. [applause] little kathy and my daughter jill are way up here, they are trying to be good,

— kathy and emma—jane, they are more likely to _ kathy and emma—jane, they are more likely to he _ kathyh have - likely to be in sectors which have been _ likely to be in sectors which have been closed _ likely to be in sectors which have been closed down _ likely to be in sectors which have been closed down more, - likely to be in sectors which have| been closed down more, whether likely to be in sectors which have - been closed down more, whether that is real— been closed down more, whether that is real tail. _ been closed down more, whether that is realtail. hair— been closed down more, whether that is real tail, hair and _ been closed down more, whether that is real tail, hair and beauty, _ been closed down more, whether that is real tail, hair and beauty, the - is realtail, hairand beauty, the hospitality— is realtail, hairand beauty, the hospitality sector. _ is realtail, hairand beauty, the hospitality sector. and - is realtail, hairand beauty, the hospitality sector. and the - is realtail, hairand beauty, the hospitality sector. and the reall hospitality sector. and the real stru

kate >> kathy park. thank you. >>> meteorologist dylan dreyer joins us now with the forecast dylan, what do we know >> well, kate, the snow has started here in new york city very lightly and it will stay light through the next several hours. but overnight we'll start to see the snow intensifying and then tomorrow the storm itself will really ramp up we have 75 million people across the northeast under these winter weather alerts and as we continue through the day on monday, we'll really start to see the snow and the very gusty winds, 40 to 50 mile per hour possible from philly down into d.c., maryland, up across new york city, even into parts of connecticut boston should see it change over to rain, but we are looking at a wide swath of i-95 that could end up with at least a foot of snow >> all right, dylan, thank you >>> the storm is also forcing cities to cancel covid vaccine appointments, adding to distribution delays. and a warning today that the new strains now in the u.s. may lead to a new surge mea

that told me all i needed to know this is one of kathy woods'.hinks this is a ten bagger from here and she's probably going to wind up being right. there is going to be pain along the way. that may date taught you everything you need to know about the stock and i think the stock is still buyable at these levels. >> delano, i'm curious where you stand on tesla because i know you hold neo. >> yeah, melissa we also hold tesla i'm kicking myself because i feel like it wasn't in earlier as i should have been looking at the valuation and getting scared off at some points you're holding it for clients, holding it personallyand as mentioned prior by the rest of the panel, probably going higher and may be pain along the way but long term realization possible things going down the pipeline for tesla. >> investing in neo is a belief in the market in china, so to borrow a game from the 5:00 show, guy, would you rather tesla or neo as a play on the china evee market? >> that's a great question neo upgraded more at $104 price target the market cap now is more,

that's msnbc's kathy park in new york, thank you, kathy. >>> coming up in our next hour, filmmaker avaher latest effort to break barriers in hollywood. there are tons of jobs off-camera that she says needs a more diverse hiring pool. >>> but up next, stories of migrant families, some of whom were detained by i.c.e. for more than 500 days. now they are free to speak out about their journeys. that's just ahead. stay close. wanna build a gaming business that breaks the internet? that means working night and day... ...and delegating to an experienced live bookkeeper for peace of mind. your books are all set. so you can finally give john some attention. trusted experts. guaranteed accurate books. intuit quickbooks live. ♪ limu emu & doug ♪ hey limu! [ squawks ] how great is it that we get to tell everybody how liberty mutual customizes your car insurance so you only pay for what you need? i mean it... oh, sorry... [ laughter ] woops! [ laughter ] good evening! meow! nope. oh... what? i'm an emu! ah ha ha. no, buddy! buddy, it's a filter! only pay for what you need. ♪ liberty, liberty, liber

some haven't been this cold in 100 years. >> and kathy joins us live from central park it will have a big impact on northeast as well >> reporter: jose, it will ice accumulation is a big concern here in the northeast monday night into tuesday which could create even more slick spots on top of the mess left behind from last storm. some spots half an inch of ice which could lead to widespread power outages. >> kathy park in new york thank you. >>> the fallout today from the acquittal of formerpresident trum was fierce one side declaring vindication. the other outrage. and president biden is now weighing in. kelly o'donnell is at the white house. >> reporter: after a second trump acquittal tonight democrats are rendering their own verdict. >> it was by far the most bipartisan decision and complete repudiation of the president's conduct. >> rounds not guilty. >> reporter: they did persuade majority of senators plus 7 republicans voted guilty democrats confident m what they presented but frustrated. >> we needed more senators with spines. >> reporter: today no regrets from the seven senate

we begin with kathy park >> reporter: tonight a new weapon in the fight against the coronavirus. getting fda authorization for emergency use. after an advisory panel gave a unanimous recommendation yesterday. this now paves the way for roughly 4 million doses to be shipped out as early as monday. 20 million by the end of march >> there will be another major manufacturer, another major vaccine supplier to increase vaccine supply which would result in a more rapid acceleration of the vaccine effort >> reporter: j&j's vaccine requires one shot, is roughly 70% effective at preventing protections against variants the efficacy for moderna and pfizer's two-dose vaccine is around 95% health experts say all three vaccines work. >> we in public health are not at all concerned about the differences in effectiveness of these various vaccines >> reporter: but even with another vaccine option a warning from the cdc about declining infections and hospitalizations >> the latest data suggests that these declines may be stalling potentially leveling off at still a very high number >> reporter: dr.

park has more on the massive winter blast kathy, good morning. >> reporter: kendis, good morning, thiseekend, the midwest and northeast got another good dose of chilling weather from heavy snow. to temperatures. the northeast slammed with another winter storm just days after digging out of-l out of the of a record nor'easter, he have bands of snow flew into new york city, the mario cuomo bridge barely visible. >> there's definitely a lot of snow, but also our city is dealing with a lot right now i think everyone is trying to be patient. >> reporter: the worsening weather cancelled covid vaccinations at mega sites throughout new york and new jersey the first flakes fell in western north carolina sending cars off sharp roads. in charlottesville, west virginia, more rollouts. out west, tragedy in utah's salt lake valley. an avalanche killed four skiers saturday four others managed to dig themselves out and survive the conditions so dangerous, rescuers have to be flown in >> they happened to be in the wrong place at the wrong time. >> reporter: chicago dipped in minus 7 and it was so cold

jose >> kathy park in new york thank you. >>> coming up, a call to action.hy a record number of african-americans are now applying to medical school >>> now to our series celebrating black history month >>> now to our series celebrating black history month and the surge in african-americans applying for and enrolling in medical school many driven to action after seeing underserved communities impacted by covid. here's ron allen >> reporter: maia brown says health care disparities she's witnessed during covid have made her more passionate than ever about becoming a pediatrician >> i think for a lot of us we feel like it really is a do or die type of situation literally. >> reporter: tyrel powell was driven by the social justice movement and the memory of friends lost to violence >> it is an essential part of my motivation because it still never leaves my heart. >> reporter: both now applying to medical school, and they're not alone. some medical schools reporting african-americans applying in unprecedented numbers. as much as a 43% increase for some instituti

now, i want to take just a moment to congratulate kathy. kathy and i, neither one, new hardly anything about community schools. really and truly we knew it was started in west virginia and greenberg county and didn't know anything about it with all that, behind that, kathy needs to have supposedly a cause and i donated my salary to that and slowly and surely started the community in school-- now, i don't blow smoke at anybody, i'm telling you honest to god's truth, i know what's going on in our schools in a lot of situations. i've coached forever, i've been there, i've seen the good and the bad. i am telling you without any question the most profound program that we have going on within our schools today is communities in schools. they have touched 49,000 kids now, 49,000 kids in 29 counties. you've got to give them a giant round of applause, please do. [applause] my daughter jill, they're up here, and that's good i'm trying to keep them alittle ways away from me. let me take you on a ride to the future. stimulus. you know, i've got to just

they'll say, 9:47, before people came in to buy and kathy wood, i thought i should mention kathy wood. one last term, risk-off, this is the height of wall street cant, mean jargon, and not kant, the philosopher. i am happy to entertain the idea that you need to ring the register here. but i happen to like growth stocks, i would like them in a house, i would like them with a mouse. but dr. seuss enthusiasts all, if you want to be like kathy wood, if you like me and like her and like growth, you need to prepared to take some risks. now, you can just do some selling and try to swap back at a lower level. i've never been able to do that so well. and millions of people have lost their jobs, and they let inflation roll until that ends does that work yes. but he's not going to take it back tomorrow. that means we don't have a deep sell-off, because this nonsense is just gibberish. and it's not too late to sell the electric kool aid battery acid stocks. but a buyer, to any retest of that 947 low we saw today. kevin in maryland? what's going on? >> i have a good friend. we're both teachers, an

nbc's kathy park is following the storm for us good morning, kathy. >> reporter: hey, phillip, good morning to you here we go again winter weather is back and it's packing a powerful punch all across the country, shattering records for snowfall totals and brutal cold temperatures punishing winter weather stretching across the country from oregon to mississippi this fiery scene in jackson being blamed on freezing rain on an icy interstate. in oklahoma, dangerous roads cause a chain reaction crash widespread snow and ice making a mess in texas as the state braces for an historic blow. >> all of texas is facing an extremely dangerous winter storm in the coming days >> slow down, slow down. >> reporter: bleak conditions sent 18-wheelers off the freeway, and wrecks began piling up the state reporting at least one thousand accidents and ten deaths the damaging ice storm coating cars, sidewalks, and this entire basket court backyards frozen over too. the extreme weather also taking aim at arizona the heavy snow no match for motorists. oklahoma, kansas, arkansas, and tennessee all under winter weat

kathy is exactly right. and your experience kind of echos sentiments all around the country, if not the world. and the johnson and johnson vaccine offers two really big strengths. the one shot aspect, because it just gives you not immediately but starting at 14 and certainly at 28 days after that shot we start to see incredible efficacy and candidly zero deaths, zero severe hospitalizations. but the second, yasmin, which might be the critical game changer in parts of the country where freezers and the storage issues are a problem, is the fact that it can be stored at refrigerator, regular refrigerator temperatures. it just offers flexibility. so i think that this combined with the fact that the president has put pressure on moderna and pfizer to continue and also increase any manufacturing by any means possible, i do think that march and april will be kind of game changers. i think the question is will those variants cause smaller hot spots around the country so that we see cases kind of continuing to decrea

i'll you were sleeping last night, we had kathy would on -- we had kathy wood on "bloomberg markets these." tom: romaine, you've got to expand on that, under conversation with ark investments. what is the definition of load up that you and your team learned? romaine: three of the funds bought about 340,000 shares. we should point out carol massar was leading that conversation for bloomberg radio. kathy wood made it very clear she saw this as healthy, the opportunity for a load up. she is really loaded up on a lot of those high flyers. paypal, square, uber. she also talked about bitcoin. these are some of the names that not only got her the gains, but she made it clear she doesn't think those gains are over. tom: in the break, i was doing my taxes. lisa was thinking about this serious issue. do we have any understanding of what her cash holdings are right now? romaine: she didn't say. lisa: i was looking at her key etf, which saw its biggest withdrawal in the last trading poker recorded yesterday of them was $500 billion. it raises the question, this sort of issue that comes up with a se

i think skillz has a great story and kathy woods a great stock picker goes under 30, pull the trigger have an incredible staff looking at the ideas app harvest. this is a company that develops sustainable large scale indoor farms. this is the most speculative of the bunch but an intriguing play far from cheap stock down 22% from the highs looking more enticing. currently at $33 if it falls to the high 20s. nibble in the meantime, i'd love to have the ceo jonathan webb on the show that's an open invitation. can i invite general sherman from -- general sherman. the ceo george sherman i call him general sherman because i'm reading the incredible biography bottom line, when the spac stocks get hammered, wall street throws the baby out with the bath water so the next time the high quality spacs get hit, you need to be ready to buy. as they roll out, i'll promise you, my "mad money" promise i'll find the best ones that pass the smell test and let you know whether they're worth owning for the long term. i'm going to paula in florida, paula? >> caller: hi, jim. >> paula >> caller: every night

what kathy wood is doing about her tesla investments as the stock turns negative on the year >>> and emergency order from the faa over those pratt and whitney engines that led to incredible engine fire aboard that boeing 777 jet, and more fallout in texas after the state's week long energy crisis this morning, a mass exodus of the executives once in charge of the lone star energy grilled. >>> and c suite for one of gamestop's executive after the reddit frenzy. it's february 24, 2021, and you're watching "worldwide exchange" right here on cnbc ♪ >>> top of the morning to you, i am dominic chu in for brian sullivan today, and right now, we are seeing shades of green pretty much across the board the s&p implied higher by rou roughly 8 points, dow jones by 45, and the nasdaq up by 46 points implied at the opening bell this is, yes, modest, but well off the lows of the session. the nasdaq futures at one point were roughly 150 to 170 points lower than where they are right now. keep an eye on those futures as we head toward the opening bell. the dow coming off a wild session falling more th

kathy woods almost as a cult g can buy hoodies and baseball caps.you have seen that enthusiasm reflected with flows into her fund. the innovation etf saw inflows of $9.6 billion last year and has taken another $6.2 billion so far this year prior to this rout. what finally broke the street was a pullback in the fund's performance. it rallied so much in 2020 but we finally saw the rally cool a little bit. a lot of it can be blamed on tesla, the fund's biggest holding, over 9%. and it has been a volatile week for the carmaker. and you have shown -- you have seen that show up in the arc innovation performance, falling 9% on the week. and now, you are seeing investors who piled in start to look for the exits. emily: so is this just a hiccup, or a sign investors are looking for a prolonged arc exit? katie: that is the big question. one day of outflows, even if it is a record, but even prior to today, there were signs you were seeing bears gather around the arc funds. if you look at ihs market data, short interest on the fund had risen to 3%, which doesn't

your take on that >> so those stocks that you've named and whether we call them innovation stocks, kathyd stocks, they woere very, very expensive stocks and now they're just very, very expensive stocks it's still not a space they want to play in, but what i find more intriguing, scotty and you led the intro with this are the apples of the world, all right the faangs of the world because they were expensive and now they've become, i think, rationally priced, and this all has to do with interest rates, if you ask me. if you think about the math that's involved with a multiple. it's basically you take the ten-year rate and you put the equity risk premium on top of that and you invert it and get the multiple it's probably 250 basis points and when it went from 1% to 1.5% the math involved took you from a 30 times forward multiple on apple to about 26 where it is today and that's right where it should be. so we have gotten the interest rate rise catalyst that has corrected the faang stocks, and i mentioned apple. you can take a look at google which is 25 times forward earnings and take a look

giving us new insight of how this pandemic is affecting our children let's begin in our storm zone, kathy park has late details >> reporter: a dangerous mix of snow and ice and bone chilling temperatures plowing through dozens of states. more than 130 million under winter alerts stretching from texas to maine across-country chaos leaving behind slick roads and some crashes ending in flames as travel turned treacherous in oklahoma and mississippi. >> the house is quickly losing the heat >> reporter: the lone star state slams with unprecedented storm and at times near-blizzard conditions in houston, distributing shots before they are spoil of storage of lost power. >> if you are without power right now, it is conceivable that you could be without power through the rest of the today and possibly going into tomorrow. >> reporter: the brutal blast of cold air cutting power to more than a million in houston. in louisiana, a transformer blew out sending electricity surging through the lines. this holiday weekend, ice and snow grounded hundreds ollas/ft. worth in chicago, snow falling up to 2 inc

lester >> kathy, thanks we are much more this week of snow and ice, al roker is tracking it all. what's ahead >> reporter: the country is being affected by two storms one in the east right now causing a mess tomorrow and one in the pacific northwest that'll follow this current storm. heavy thunderstorms and everyone tornados from the southeast. ice from louisiana all the way to new england and we are 1 inch per hour in some parts of the northeast and onto the great lakes. the second storm could bring everyone more snow as we head onto friday. plus, bitterly cold windchills for 54 millionto the weekend r >>> trump now is over nancy is calling for a new sweep of investigation of capitol attack geoff bennett is following this for us >> reporter: nancy pelosi announced congress will establish an outside independent commission to look into what she calls the facts and causes of the deadly insurrection at the u.s. capitol pelosi's saying we must get to the truth of how this happened lawmakers of both parties parties called for calling for a bipartisan 9/11 style commission to investiga

kathy park, nbc news. >>> a coast guard made i daring ice rescue in cleveland on sunday a group of tenere walking off shore on frozen lake erie when stranded ice broke stranding them and after hours were brought safely to shore. >>> hopefully this week a calmer than last let's talk to our nbc meteorologist bill karins good to see you. >> good to see you guys. it's amazing this week, talking about shorts and t-shirts this week compared to last week this area of snow will slide through chicago through ohio valley, has already put down an inch or two, will make things a little bit slippery this morning, adding one or two inches, if you are driving throughout pennsylvania, new york state and northwest of i-95 you could be dealing with slippery travel throughout the day today. i mentioned the warm up in texas how about this, 69 degrees in da dallas 68 in san antonio. what a change frome at the sout temperatures in the 50's, 60's and is in the south texas in the 70's the weekend forecast will be coming up, warm looks to be here to stay. >> we've been waiting for it, thanks bill. >>> a bomb s

kathy park reports >> let them play >> reporter: tonight frustrations over reopening schools deepening in california, triggering protests among parents and even fueling comments made by school board members caught on a hot mike >> are we alone? >> yeah. >> [ bleep ] if you're going to call me out i'm going to [ bleep you up >> reporter: for several minutes a board of trustees with the oakley union elementary school board could be heard criticizing parents. >> it's really unfortunate they want to pick on us because they want their babysitters back. >> reporter: the discussion abruptly cuts off when the group realizes they had a live audience >> oh. we have the meeting open to the public right now >> reporter: a viewer recordedsn >> it is shocking to our community and it really damaged the trust that we thought we had with our board >> reporter: the board president was the first to resign, calling her comments callous and uncalled for and overnight the rest followed suit, issuing an apology, writing in part, "we realize it is our responsibility to model the conduct that we expect of our

. >> reporter: kathy duwong's mother was robbed outside this small store on second street in san joseeir sense of security is now shattered. >> we're seeing countless elders in the asian american e bay ar. as celebrations for the vietnamese new year as well as lunar new year approach, san jose councilman raul perales and police warn the asian community to be vigilant. kathy's mom was preparing for lunar new year when she was robbed. >> don't walk around with red envelopes in hand. >> those who wish to come here and commit crime against our asian american community or any community member of this community, we will relentlessly pursue you. >> reporter: chan is pleading for the violence to stop. >> please, we are all the same and we are the people of this community. >> reporter: carl plans to hand out whistles to residents. he also says the sheriff's office will step up patrols during lunar new year. meanwhile the victim in that video you saw as well as the two other victims did survive. >> shocking, hate to see that to anybody, especially the elderly. maria medina in san jose, thank yo

no luck for kathy. >> none whatsoever. >> reporter: the vaccine, to these pharmacies is a fraction of what the state normally gets in the week. >> we are about his $1 million allocation, directly to pharmacies here in the state of california. >> reporter: this, on top of the 1 million plus doses throughout the week. it is divided up among many pharmacies. the cvs list of california cities was filling up with a fully-booked appointments this afternoon. >> i will wait until the 15th when my health plan says they will call, start calling their people. give them a couple of days and see what happens. >> reporter: i guess tomorrow you'll probably hear that a friend of yours got an appointment through a cvs website today. >> [ laughter ] i hope so. i hope somebody gets to have it. [ laughter ] >> she's got a great attitude. wilson, do we know which pharmacies are specifically getting these doses? >> reporter: we will be able to figure it out by where people show up to get the vaccinations. cvs is not releasing the list though. they don't say it's for any secrecy element. it's really because

we had this in the power movers, tyler is draftkings on news that kathy woods's next-gen etf is takingas touch in the stocks she chooses. this is partly technical part of it is just that they have seen the vision that kathy wood has we will have much more of this on fast tonight. i will see you then, tyler thanks for watching plench "closing bell" starts right now. >> welcome to "closing bell," everyone i'm wilfred frost with sara eisen. stocks bouncing higher again let's will be at what's driving the action the unwinding the meme trades, game stop, amc all lower today we will have more on that dramatic action in the market coming up. earnings continuing to come in strong, u.p.s., alibaba coming in strong. momentum plays ath

thank you helen, thank you very much and thank you kathy howell. all right. public comment on this item, please? >> members of the public who wish to make two minutes of public comment on item 19 dial (415)655-0001 and meeting id146 359 0630-pound pound. to raise your hand to specific, press star 3. do we have any callers? >> there are three callers in the queue. >> thank you. >> your line is open and you have two minutes to comment on item 19. >> thank you, commissioners. my name is alex lance burg and i tried raising my hand for 18 and i was unsuccessful so i hope you will bear with me for a couple of minutes. i want to thank the commission for supporting the amendment and i apologize for the -- i did want to raise a point and it's something that president maxwell and commissioner paulson tried to address in this over the past couple of weeks, it was a great concern to myself. i should (inaudible) as it was a great deal for myself and my colleagues that an initiative such as this, while youthful and generally a good idea was able to advance so far ahead to

talking about this for a while saying that this says the signs were there that it was coming and now kathy would the c.e.o. of arc invest is saying the same thing she said this on c.m. d.c. but you know she's talking about the fear coming as rates rise that the rates are going to start rising and fear will descend and you know as human beings are organisms and in a group a collective together operating in society you can see it in their sort of actions like the one fear is coming in and some like powerful big investors know stuff is about to happen and they start moving suddenly like suddenly there are all these wall streeters and hedge fund guys fleeing manhattan and running to floor right then you see the elite in the beltway media for example they're starting to vibrate and nervousness about the people the people no longer have faith in them we must stop them from communicating with each other we need to shut down websites we need to start looking at at like telegram or clubhouse where they're talking to each other without us listening in so you're starting to see actions like that arou

and yet, kathy isn't an intensive care doctor.ma surgeons, paediatricians, immunologists — all mucking in during this appalling covid crisis. i feel a lot better now. how worried were you? i'm sweating, and it's notjust the ppe. so, i mean, she's young, she's someone's relative. this is something precious that we're holding and we're trying to do. erm, yeah, it's quite frightening. i think, to be honest with you, staff are tired, and then we have to ask them to do more and more and more as the patients arrive. the summer hiatus between waves one and two did allow the hospital a bit of welcome breathing space. our main concern during this period of time was to try and get back to normal, to do all the other procedures, all the other patients that needed care as well that we didn't do in that first wave. so, the focus was to keep business as usual and try and do all of the elective surgery, all the cancer surgery, carry on doing that. and we tried to do that for as long as possible, but now we've gotten to a point where we've had to

>>president cohen: but the ask a question and perhaps kathy mcguire might be the right person toask the budget question . i'm wondering if sfp, we've had lobbies inside san francisco legislature and also we have a federal lobby in the capital of washington dc. my question is if we had indicated we were working on their that are lobbyists in sacramento funding from the state budget assisting us in implementing 1421, it is after all state law . a lot of times they pass these wonderful laws and there's no dollars attached to the legislation. so as we as the city and county of san francisco are gearing up and going through our budget process i know the city of california and governor are going through their budget process to get their hearings and what i'm wondering is if there is a way or maybe you know of an effort to put , to get some, to get the funding of theprovisions written into more of a budget trailer bill. there's this caveat . phil king is chair of the budget committee who represents the west side of memphis as well. has anyone reached out to him and asked him to bring back some

rick and kathy in front of the loveless cafe. along the bottom, joe in iowa.py 60th birthday. and the teachers at west bloomfield middle school. thank you for what you do. send us a photo of you and your mug. you might see yourself next week. remember, you can get the mug at the nbc online store. thank you for spending part of your morning with us. we will see you right back here next week on "sunday today." >>> good morning. it is sunday, february 28th, 7:00 on the dot. ahh, a live look at the sun rising over walnut creek, a gorgeous start to the final day of february. thank you so much for starting it with us. sunshine on a sunday, i'm kira klapper. vianey arana joins us with a look at your microclimate forecast. hey, v. >> hey there, good morning. sunday funday, look at all this sunshine. that's what i like to see on a weekend, and it's such a beautiful start to our day. a little chilly, though. look at right now in walnut creek, 39 degrees, so if you're going to be out and about at least for the first

kathy woods is positive on it. shares in hong kong stock exchange slump as the first trading tax increase since 1993 is announced. welcome to the program. let's get to breaking news in london. u.k. corporates reporting from lloyds banking group. lloyd's fourth-quarter pretax profit coming in at 792 million pounds above the estimate of 471 million. also the capital ratio being watched closely. they intend to resume a progressive ordinary dividend policy. that is also something markets want an update on after we saw leeway allowed in terms of dividends in terms of regulators in the u.k. they are talking about key appointments. it is interesting to think about where the steepness of the yield curve takes lloyd's. the move in interest rates is very important. let me get to other data, we have numbers on gdp coming through from germany. gdp grew by 0.3% in the fourth quarter, a revision uppers from 0.1%. -- a revision upward from 0.1%. now we are getting this revised number, 0.3%, better than had been anticipated. not m

kathy, how many doses is johnson & johnson aiming to roll out next week? >> alicia, the pharmaceutical giant says it plans on rolling out 4 million doses next week on the number jumps to 20 million by the end of march. by the end of summer approximately 100 million doses. obviously this comes at a critical time with vaccines in high demand and short supply across the country. meanwhile, health experts are sharing a sobering update when it comes to hospitalizations and new infections. >> reporter: tonight a new weapon in the fight against the coronavirus. getting fda authorization for emergency use. after advisery panel gave unanimous recommendation yesterday. this now paves the way for roughly 4 million doses to be shipped out as early as monday. 20 million by the end of march. >> there will be another major manufacturer, another major vaccine supplier to increase vaccine supply. which would result in a more rapid acceleration of the vaccine effort. >> j&j's vaccine requires one shot, roughly 70% effective at preventing illness and offers strong protection

that's msnbc's kathy park in new york.>> coming up in our next hour, filmmaker ava duvernay joins us. there are tons of jobs off camera she says need a more diverse hiring pool. >>> but up next you'll here the stories of migrant families, some of whom were detained by i.c.e. for more than 500 days. now they are free to speak out about their journeys. that's just ahead. stay close. ahead. stay close d 50 million meals to feeding america. and yet, one in four children may still face hunger. to help those in need. love. it's never been needed more than right now. subaru. more than a car company. (vo 2) to join us with a donation, go to subaru.com. to support local restaurants, we've been to every city, including boise... ...and even bakersfield. yeah, we're exhausted. whew! so, tonight... i'll be eating the gyro quesadilla from...al quick stop...in... hyde park. (doorbell) excellent. and, tonight... i'll be eating the chicken pot pie from...founding farmers...in... foggy bottom. (doorbell) (giggle) oh, they're excellent. i ha

kristin, peter. >> kathy park in new york this morning. kathy, thanks so much. >>> also this morning you might soon be paying more for postage while getting slower mail in return. nbc news has learned that postmaster general wants told get rid of first class mail while raising prices as well. the news was first reported by the washington post. the postal service has already been hit with big delivery delays in the past couple of months. critics say the changes would lead to a, quote, death spiral for the postal service. >>> sad news for "jeopardy" fans. brayden smith passed away suddenly at the age of 24. smith was one of the late host alex trebek's champions earning more than $100,000 shortly before trebek's death in november. smith had been looking forward to competing on jeep did i's tournament of champions. there's still no cause of death that's been shared at this time. >>> we do want to take a turn though, get a check of the rest of the forecast with dylan. what are you tracking? >> good morning, guys. we are tracking quite a bit the

that was kathy park reporting.> with students and teachers itching to get back into the classroom safely the cdc unveiled its highly anticipated sweeping new guidance on just how schools can reopen for in-person learning. so far, the update has sparked mixed reaction and confusion among some parents and teachers as well. gary gom bach is outside a school in vingfield virginia for us, near washington, d.c. gary, good to see you this afternoon. talk us through exactly what is different about some of these new cdc guidelines and how parents and educators there in fairfax specifically have been reacting. >> it was a 35-page document released on friday how to get students back into schools safely. it was based on a color-coded tier system. the red zone, they call it would be where there is substantial community spread. it means 10% or more of a positivity rate in that community. what they are saying is for folks in that red zone they would like high schools and middle schools to be completely virtual but they would like

susan: and now you know who it is, kathy wood is the fund manager of the moment as a she bought a tontesla shares this week $120 million worth with the 13% dip in tesla stocks of now it makes up more than 9% of her flagship innovation etf which is up 150% in the past year. in fact, all of kathy wood's five etf have returned 100% plus but past 12 months and why she's the hottest fund manager on wall street right now. she made her name for herself about a year ago when she predicted tesla could hit $15000 a share and that was before the start split them up for s&p 500 inclusion so it's no wonder why she's buying in on the dip and she said the market needs to pay attention. stuart: does she still think that is going to hit $15000? susan: probably, she's buying $120 million worth. stuart: okay. next one for you, bitcoin, right around $50000. 49200 at this moment, but what about square? they bought in i think. susan: jack dorsey other company, $170 million worth of the bitcoin purchases spirit out on top of the 50 million they bought in october last year so that takes square bitcoin holdin

thank you helen, thank you very much and thank you kathy howell. all right.blic comment on this item, please? >> members of the public who wish to make two minutes of public comment on item 19 dial (415)655-0001 and meeting id146 359 0630-pound pound. to raise your hand to specific, press star 3. do we have any callers? >> there are three callers in the queue. >> thank you. >> your line is open and you have two minutes to comment on item 19. >> thank you, commissioners. my name is alex lance burg and i tried raising my hand for 18 and i was unsuccessful so i hope you will bear with me for a couple of minutes. i want to thank the commission for supporting the amendment and i apologize for the -- i did want to raise a point and it's something that president maxwell and commissioner paulson tried to address in this over the past couple of weeks, it was a great concern to myself. i should (inaudible) as it was a great deal for myself and my colleagues that an initiative such as this, while youthful and generally a good idea was able to advance so far ahead to the