jock reaches out to levi's. >> they said that they were probably the oldest unworn pair of levi's they jock says they offer him $50,000 for them. it's a lot of dough, but the family's expecting more. they discuss it, then turn down the offer. >> if levi strauss is valuing a ripped-up, torn pair that's maybe a year or two older at $100,000, i would think that a pair that's never been worn from the same era would be at least worth that much. >> so jock tells auctioneer daniel soules to set a date to sell great-great grandpa's pants to the highest bidder. >> it's a risk, that's true, but when you consider that it's the only unworn pair of blue jeans of that era, i think, yeah, it's a one-of-a-kind item. >> i think the most they could possibly get from a collector is $40,000. >> denim hunter brit eaton believes jock and his family are thinking too big for their britches. >> the vintage denim market is incredibly volatile. i think if levi strauss is willing to pay $50,000 for them, take the money and run. >> is he right? november 5, 2016 is the date we're to find out. then, just before the

perspective and that are internationally exposed such as levi question mark -- levi? >> i think this is the calm before the storm. you have the reporting tomorrow and that will kick off in earnings season where investors will get a look into revised expectations. i think that is a big risk. there has been some progression as the quarter when on and it was mainly positive. risknk that is the biggest . i think that is the markets concern. we talk about cpi and one thing that is notable is oil. really been on a tear. i will point does it catch people's attention or have more ramifications for the market? >> i think we have been here before. trump has pulled the rug by issuing the iranian sanctions. i think the opec group is going to be very wary of pushing back their plan to remove production from the market. i think locally, we have a group of companies being told. i think the alliance to grow dramatically will come down and we will see a more restrained growth rate. that will affect production in venezuela and potentially issues and iran depending on how the administra

i mean even if you just talk about levi, two days ago levi was 20% lower. it was trading at 2130 a couple days ago it's bounced on these results, but clearly this lyft -- it went down as lyft went down i think is the story there we see uber kind of coming to market at 90 to 100 billion valuation potentially where some people have been hoping around 120. there's this new sense of caution, new sense that numbers, metrics really have to bear out in line with what these companies are saying ahead of ipos it's going to be an interesting season. >> the lyfts and ubers of the world would say we're not profitable but the other key metrics around growth you should be focusing on right now, nonetheless, when you're looking at a pinterest that has narrowing losses, levi's which posted its first profitable quarter last night, we just had that conversation, when you are looking at a zoom that's going to go public next week, those profit numbers are exceedingly important in a market like this that's ten years into the bull run. >> yeah. and speaking of uber, from a recen

. >> coming up, check out shares of levi's. the company reporting its earnings report since going public a few weeks ago report and we'll give you the details and speaking of ipos and the dean of valuation is here to tell us what the biggest tech unicorns are worth and mike rutherford said i'm sorry to the world and it's been a rocky road for the media giant. is it over we are live from times square in new york city. much more "fast money" right much more "fast money" right after thisg at them now. & they'll drop everything hey. & take care of this baby yeah, that procedure seems right. & that one too. at&t provides edge to edge intelligence. it can do so much for your bu the list goes on and on. that's the power of &. & when your patient's tests come back... state of the art technology makes it brilliant. the visionary lexus nx. lease the 2019 nx 300 for $359 a month for 36 months. experience amazing at your lexus dealer. i like to make my life easy. ( ♪ ) romo mode. (beep) (bang) good luck with that one. yes! that's why i wea

and levi's is going to report its first earnings since going public we'll break down the numbers as soon as they are released just after the closing bell which starts right now ♪ >>> welcome to "closing bell." i'm contessa brewer along with wilfred frost. lackluster on the day and the s&p is on face to break an "a" day win streak down 0.26%. the russell is off as well >> 10 of 11 are low. utilities fractionally higher, energy, financials and industrials down 1%. coming up one of the congressmen who grilled facebook ceo mark zuckerberg almost one year ago joins us with the questions he still wants answered and whether he says any regulation coming for the social media giant is likely >> let's get right to the markets now. bob pisani is on the floor of the new york stock exchange, bertha coombs. >> reporter: stocks are down today on a combination of worries about additional european tariffs and another down grade to the world economy from the imf, the third one in six months bulls are again dismissing most of this. they insist we're going to see a soft landing in global growth and that chi

, levy have but the generation coming up next, levy's wasn't a top brand with that generation so interestingho they are going after. obviously the men's category is huge i think they need to push more into women's >> they have put hayley baldwin as the face of 501 and she is very young and -- >> on fleet. contessa said so >> and you have to remember there will be a big bust toward china because they know that that is where the market can expand, they can grow the brand. and the ceo says china will be big for them >> talk about a big story. did you hear what the price targets were anywhere from $26 to $29 a share. so 13% up side i mean this is a consensus trade right now and a company that has only existed publicly this time around for a few weeks >> who would have thought in january levi would be taking off and lyft juggling. >>> and according to apex marketing during the final round tell geca telecast, tiger generated more than $23 million in exposure and also by the way an $85,000 bet on woods to win at 14:1 odds >> and so that means by the way that tiger was the third favorite to win the

middle east project and he joins us now live from london daniel levy just why is this race so close. well i think this race is so close. because the anti nut and yahoo camp let's not call them left or moderate or progressive they're not in the most part but the anti nut on yahoo camp has managed to come up with. a character from central casting really to be the candidate this former chief of staff benny gantz he surrounded himself by other generals the centrist parties of come together and once that alliance was formed from the very get go the polls have shown that it's neck and neck race i think the other factor is that there is a for tea with prime minister netanyahu after so long in office and there's a degree of unpredictability because it might be that the polls are underestimating the extent to which people are fed up with bibi but they might also be underestimating the extent to which people are willing to support a prime minister under an indictment for corruption the second level of that unpredictability is in israel you have a whole coterie of small parties and they're all

let's talk more about levis and the overall state of retail. joining us now is jan nichols. >> you may like the product. does that mean you have to like the stock? >> you don't have to like the sto stock. i thought today would be not much of an event on levis. >> they have not done much since the ipo. they're up and back. >> yeah, sure. as you dive in, before we move into other retail, what was the good, and what was maybe the not as good? levi's quarter what does that tell us >> they had really strong growth in women's >> what are they 80% >> what i don't leak about them is they're 80% male, and they're -- depending on that for their future they had good kbroet there they can continue that, and people will like them better the other thing is they had double digit growth on-line, and they have to go direct to consumer if, in fact, they're going to get the kind of growth that the market is going to want to see for the stock to continue to work. those were two good points the women's business and the direct to consumer business. because the direc

that prompted levi's grandmother to try and help in her own way. runs her own soup kitchen for poor neighbors, aided by donations from a businessman. her hope is that it will help reduce hardship and take back the streets. >> the first time they were in the queue, my son's wife was dishing for them. and she just looked at them and started crying.. i just showed her, go on, go on. and that day was really tough. but we had to move past that. we have to do it. we still live in the community, and they're still part of us. we have to do it. >> a second chance for people from the neighborhood who might have a murderous past. a second chance for the likes of chevano williams. he believes the gang war will never truly end, but it's a war he no longer wants to be part of. ♪ >> 857 million firearms. that's how many are in civilian hands worldwide. almost half of these weapons are in the u.s. americans are the most heavily armed citizens in the world. the right to bear arms is laid down in the u.s. constitution. but it's highly controversial, too. in 2017, ne

so the constitution gives congress the power to raise what it needs by levying and collecting taxes,ies, and impulse, and excises. you must have heard your father speak about the income tax. these excises and duties are taxes levied on things such as movie admissions, gasoline, luxuries, such as jewelry, furs, silverware, and other things. another way congress raises money to run the government is from taxes on goods imported from other countries. these are called tariffs. congress also regulates commerce amongst the states, goods moving across state boundaries are not taxed, but regulated by congress through the interstate commerce commission. congress and only congress has the power to declare war, even though the president may call for a declaration of war. hi and when the united states is involved in international agreements, the senate is all-important. for example, the signature of our secretary of state to the united nations charter had to be approved by a two-thirds majority of the senate. a clause in the constitution states that treaties are made by the president but only wi

zachary levi, everybody!d playing ) -and we welcome back gary, who's already won three cars, two motorcycles, a boat, and an r.v. i would not want to pay that insurance bill. [ ding ] -oh, i have progressive, so i just bundled everything with my home insurance. saved me a ton of money. -love you, gary! -you don't have to buzz in. it's not a question, gary. on march 1, 1810 -- [ ding ] -frédéric chopin. -collapsing in 226 -- [ ding ] -the colossus of rhodes. -[ sighs ] louise dustmann -- [ ding ] -brahms' "lullaby," or "wiegenlied." -when will it end? [ ding ] -not today, ron. -when will it end? [ ding ] how do you get skin happy aveeno® with prebiotic oat. it hydrates and softens skin. so it looks like this... and you feel like this. aveeno® daily moisturizer get skin happy™ ♪ you guys hungry? ♪ ♪ ♪ termites, we're on the move.24/7. roger. hey rick, all good? oh yeah, we're good. we're good. termites never stop trying to get in, we never stop working to keep them out. terminix. defenders of home. ♪ ♪ ( cheers

sentiment is key >> who would have thought levi's would do better than lyft. that's why we love the market. guy, thank you all very much >>> hear is what else is ahead on "the exchange." >> coming up -- zuckerberg makes the first move telling the government they need regulation. what could that look like? and what would it mean for investors? not too hot, not too cold. conditions for home buyers may be the most favorable since 2012 we'll tell you why and apple cancels plans for its air powered charger. what it could be telling us about innovation at the tech giant. >>> welcome back to the exchange a nice rally shaping up for the markets here the s&p sitting at session highs. the dow and nasdaq only slightly off that right now caterpillar, united tech, jpmorgan all leading the dow. facebook ceo mark zuckerberg speaking out for more internet regulation zuckerberg wants a more active role for governments and regulators saying by updating the rules that question can preserve what is best about it, the freedom for people to express themselves and entrepreneurs buil

we've had eight ipos since levi's strauss they've done well. levi's strauss did well. gen fed.his year pretty good returns so far lyft is a little bit of the anomaly. >> but did lyft put a wet blank oets the rest of the ipo market? levi's tanked the day that lyft really went down and now we have got pinterest coming in with this very modest valuation >> yeah, it definitely moved the overall ipo market down. lyft was the bellwether at that time but now, again, you see with pinterest going on, i think they've got it, and i think it's going to be a lot smoother also this debate about how much money all these companies lose it's true pinterest lost money along with everyone else but the numbers aren't that bad. $756 million in revenues last year and losses only $63 million. i understand they were profitable in the fourth quarter of last year that's a good sign you can at least make an argument there's a path here to get out of profitability that's just on the valuation side there's an argument here that you can make the company is looking pretty well. i love it when you see -- reme

the group is expected to roll into levi's stadium may 18. no word on when that will be rescheduled. >>> the 49ers and the city of santa clara are knocking heads over two taylor swift shows at levi's stadium last year. the city said it lost $2 million in revenue after the 49ers and a promoter agreed to host a second show. what they ended up giving away 22,000 tickets. that is money the city says could have been used for public safety. santa clara released a statement saying in part, each of these free or comped tickets represents a direct financial loss to the stadium authority which must still provide the same services at the same cost. the 49ers fired back saying, it is exactly the deceptive approach, lack of transparency and fuzzy math that make mayor gilmore difficult to trust. the taylor swift shows noted nearly $1 million. the 49ers also blame the 10:00 p.m. curfew for week might events for hurting sales and preventing some tour bookings altogether. >>> san francisco roger company had a rough day. and tumbled nearly 12% lower. it closed

plus, box tickets for this saturday's show at levi stadium, all gifted to the family. >> i'm trying to go to all the games. >> these folks, now fans for life in san jose. abc7 news. >>> the warriors begin their run for another nba title this weekend. today the item, or the team issued a warning to fans you knowing them to buy tickets from warriors.com to avoid counterfeits. this year's playoff feature had player names, tickets, and phrase symbolic to the warriors and the fans. that's what you see here. as always, everyone attending will see a free gold t-shirt. this year it features an image of the bay bridge. meantime, saturday at 5:00 p.m. you can watch it only here on abc7. then stay with larry beale. mindi bach will be at oracle with postgame reaction from players and coaches. it should be great. >> i feel like we can feel the energy already. >>> all right. shifting to the weather and the accuweather forecast. >> we waited a while. >>> the clouds were around for quite some time. the skies were starting to open up. let me show you the winds. that's the big story. there's an airport

72% respecti respectively it's only trading for two days ipos, jumia, pager duty, tufin software, levitrauss up 0% jumia is the moon shot, up 142% in a week and a half, that's not a typo the lone exception is lyft, still down almost 20% from its $72 ipo price. what happened? first you got a billion dollars in losses with $2 billion in revenue, that was an issue right from the beginning and the pricing, 50% above its last round of funding gave a lot of investors pause. so far, lyft is the outlier, and while that may put some pricing pressure on an uber, uber has to be happy with everything else. the timing couldn't be better. not only are the markets in an upswing the s&p 500 is less than 1% from its historic high. four companies announced terms today, digital gain developer sciplay, beyond meat, transmedics and trevi therapeutics trading next week and the renaissance capital ipo etf is a basket of about 60 of the most recent large ipos is up 30% this year, one of the top performing etfs in 2019. it doesn't get much better than this for the etf market, cues me, the ipo market back to yo

convirtiÓ contra el cib ciberbullying >>> en exclusiva, por primera vez en la televisiÓn nos visita marÍa levypara contarnos cÓmo han vivido estos aÑos sin su madre. >> despuÉs de darse a conocer x que alejandra guzmÁn volvera a la cirugÍa >>> la mÚsica hoy tiene fuerza femenina con nosotros van a estar las fÉnix todo aquÍ en "u nuevo dÍa" mÁs cerca de ti. >>> muy buenos dÍas hoy es o el obligo de la semana es miÉrcoles 3 de abril 2019 es un placer estar aquÍ con todos ustedes mis queridos compaÑeros en "un nuevo dÍa" >>> nuestra compaÑera rashel estÁ de vacaciones >> ada se sintiÓ un poquito mal >>> les mandamos un abrazo y muchÍsimos besos y bueno, la doctora polo celebrÓ sus 18 aÑos de caso cerrado y terminÓ a besos con david chocarro una vez mÁs. >> erika estuvo ahÍ >>> pude estar ahÍ >>> pero hay que darle la bienvenida a alguien que es parte de nuestra familia >> ¿dÓnde estÁ? >>> eso. >> ah!. >> sandarti. >> >>> nos da muchÍsimo gusto que estÉs de regreso >>> compaÑeros los extraÑaba >> fue un placer de estar de vacaciones pero lÁstima, pero estoy de vuelta >>> vienes igual >>> no, vengo

shoshana levy kampos.d the creation after the second world war of one of britain's most cherished institutions, the national health service. for the first time, all would be able to access free universal healthca re. witness has been speaking to 0live bellfield, who was a nurse when it began. i had always — it was a great thing that i wanted — was to be a nurse. anyone asked me, you know, what you want to do when you grow up? i'd always said, i want to be a nurse. i started nursing when i was 18 in 19115. you were then accepted for 12 weeks. you lived within the nurses‘ home. and of course it was so exciting. it sounds a bit ludicrous now, but do you know, when you think, you put on your uniform, which was pink. if we passed, that was it. we could then carry on and realise our ambition of nursing. and, you know, joy upon joy, it happened. newsreel: britain's doctors, hospitals and health centres come under state control in the £152 million a year national health service bill, soon to come on the statute bo

played a 50 story office building for this overflow parking lot near levi stadium but, height is only part of the concern. the building is part of a 10 million square-foot development with office buildings, apartments, retail anne parks picked the problem is, the project is 7 million square feet over what the council approved. it is also negative feedback about the 600 foot tall high rights that the developer lowered it to around 20 to 30 stories and despite that, the square footage of the product stayed the same. >> i think it's a crazy idea. it does not go with any of the existing architecture. >> one councilmember said it is like dropping a new york city block in santa clara. >> reporter: there is also concern about the amount of traffic the project of this size would bring with it. this project is still in its early phases and in environmental impact report is due to the city council later this year. and santa clara, glenn ramirez. >>> one of the most recognizable iconic cathedrals in the world now in ruins. >> what caused this massive and devastating inferno and by the local fren

. >>> a massive project near levi stadium getting a makeover before work has even begun.turns out this guy is not the limit. when it comes to plans for a 50 story high-rise in santa clara. >> life at the future home of mission point, the new vision for this mega village. >> 49er fans will surely recognize this huge open lot as the overflow parking area for levi stadium. this is where a chinese real estate company plans the 50 story high-rise but now, it looks like the project is being cut down by several stories but it might need to go down even smaller. when you look at the landscape of santa clara, there is hardly a building higher than the roller coasters greater and bigger america and people like it that way >> i like the status quo. i don't want this to get to be a such a huge place. although, i know it is right in silicon valley. >> that is why there has been a backlash from plants by silicone 50

the so-called gap attacks would set a 3% levy on digital advertising, the sale of personal data, and other revenue for other tech companies earning more than 750 million euros annually worldwide, and thosee making 25 million euros annually in france. the french economy minister says franance hopes to lead by examp. austria, britain, spain, and italy are considedering similarr domestic policicies, while the operation fofor economic developmpment is working on a global sololution. by y 2020 we cann reach an agreemement in the oecd on the taxation of lararge digil companies. as soon as we have this, we will withdraw our national tax. reporter: the levy would applply to around 30 of the largest tech companies, including google, facebook, apple, amazon, twitter, and airbnb. it could bring the french million insome $400 2019 alolone. dedecision has faced stiff resistance from washington, with mimike pompeo reiterating the vw citizenss.l hurt attacks offificials of thehe u.. ll look into considering a complainint withhe wto, ararguig that taxes are potenentially didiscriminatory. nie: to wr

soshana levy kampos. now we move to britain, two yea rs later kampos.after the second world war of one of britain's most cherished institutions, the national health service. for the first time, or would be able to access free universal healthcare. would be able to access free universal healthca re. witness would be able to access free universal healthcare. witness has been speaking to all of belfield, who was a nurse when it began.” have always, a great thing i wanted was to be a nurse. anyone asked me, you know, what do you want to do when you grow up? i had always said, i want to be a nurse. i started nursing when i was 18 in 1945. you we re nursing when i was 18 in 1945. you were than accept that for 12 weeks. you lived within the nurse's' home. and of course it is so exciting. it sounds a bit ludicrous now. but when you think, you have got your uniform, which was pink. if we passed, that was it. we could then carry on and become our ambition of nursing. and, you know, joy up on jov- nursing. and, you know, joy up on joy. britain's hospitals and medi

the threats now being levied tonight at 6:00, the contentious fight over a homeless center reaches a level. the threat now being levied against those trying to stop it. >>> finally at 5:00, it may not be a super bloom, but wow, that looks pretty super to me. the color is starting to pop up across the bay area. we're talking wild flowers. this is in santa clara county on the east side of mount hamilton. our nbc bay area drone ranger saw fields of yellow and purple, got some cows in the background. we'll see a lot more of this in the weeks to come. we've also posted more of this video from our drone ranger on our website, neeb nbcbayarea.co >> gorgeous, stunning, and the rain has helped those flowers bloom ask blossom. >> yeah, it's pretty out there right now. >> looks really nice. >>> a chance for spotty showers as we hit tomorrow's forecast. clouds on sunday, once we hit monday a 40% chance of showers. then there's some sun. and pollen next tuesday, wednesday, thursday and friday. >> not to be a den debbie downer, but pollen. >> lester holt joins us for "nightly news." >> we'll be ba

pants. >> that's levi's maybe she's signaling. >> chip berg has done a great job. >> what is on "madt. >> we have a company called dirty lemon, millennials, my daughter, how can you not know dirty lemon? i hear that about everything to you, the ceo used to be ceo of hooked on phonics and that's coming to the deal today. it is a very interesting company because they do a lot of ways to make more money for colleges and graduate schools by doing these kind of extension courses. but they'll probably hate that word, but a lot of -- it is a very impressive company and i just one of the many companies that became public that we don't have a lot on. got to focus on. >> got a pick tonight? >> oh, boy you know, this -- i think this virginia defense is really solid. and i love the cinderella story. knocked out and come back to be first. that's a great story. >> there was a game this weekend where a team was losing 12-1, and i got to tell you, they came back, and you lost 12-9. >> yes, 12-9 that was the loss. >> i thought it was good they came back. >> thank you >> we won 2-1, but that's not nea

joining me now is scientist levi she now from the max planck institute for infection biology welcome dr levy now milly's it is a disease that was once on the decline but it's making a comeback what explains this the short answer to this question is we are not treating sure it's it came as a surprise because there were helium massive efforts to contain the deceased for use tribulation all of insecticide treated mats and trip months and they believe it's reflects one of the usual cycles of my area distribution and so we have to understand the factors which drive one area and that's an attempt you're making it to do in the lab it's effective also being out in the field in africa now a new and malaria vaccination campaign is being lost in some african countries it's been described as a breakthrough tell us about this funded project and this is really an exciting time and really is a story quick because that's for the first time ever we have launched my area works in nation complain and pre-conscious and offer it come and it is a national wide campaign so all kids will be vaccinated with

facts, jim cramer is the spawn of an unholy union between don knotts and anton levy.h to that that's a very unfortunate one, but thank you for that wow. okay yeah all right, this tweet says, jim, did you use a lyft after this photo was taken? absolute classics, #legend oh yeah, that was a polaroid. okay, you know, sometimes when you're in summit, you think you're at home and nobody sees anything, right? well, that's wrong now summit's off limits too. i guess you just can't get dressed in a, you know, a whole armor of bud and get really drunk anymore. here's a tweet that says, jim cramer can't take the heat yeah, right now, everyone's angry at me about lyft because i said it was valued at the same price as the cloud kings what can i do? >> who was that guy? >> who was that guy? who was that guy all right. if you hate me, it's fine. if you decide that i'm a total idiot because lyft dropped below the ipo price, fine, watch the other idiots okay, and here's another tweet somebody needs to stuff a bran muffin in jim cramer's big fat pie hole i guess that's lyft again. i me

what local cattle ranchers found out, just as levi strauss found not to beoney was made in mining goldmade iny was to be supplying the needs to gold miners. suddenly there was this immense market that opened up to the north. san francisco went from 800 people to 25,000 people between 1848 and 1849. was there were a lot of cattle wires, ranchers and cattle brokers. those were among the main victims of outlaw gangs like jack powers. alwaysncisco county has been in between. it has always been remote. it is a place where you stop when you're on your way from los angeles to san francisco. from the 1850's until the 1920's, it was so remote that it was ideal for people who wanted to break the law. it was easy for a man like jack pull a job and disappear. he had an escape route that went into the valley and it would wind up near los alamos. it was ideal for people who could disappear quickly. powers had an accomplice. his lieutenant in san luis obispo. he was a tough man. he was a barroom fighter. he was like powers. he was a superb horseman. as father had once owned w valley just outside of t

at levi's stadium, kris sanchez, "today in the bay". >>> kris, thank you. don't worry, raiders fans, we didn't forget about you. oakland took three players in the first round. clemson kneal ferrell. jonathan abram the draft continues this afternoon. >> a lot of people talking about that. >> what about the boys of summer? >> it's not going to feel so much like bay area summer. it will be cool and foggy in san francisco throughout the day. we can see the fog already over the city right now. maybe misting and drizzling. it is all clear inland. that's a live look at walnut creek as the sun rises. temperatures in the low 50s to the low 80s by early afternoon. so there will be a wide range in temperatures all depending where you are. anywhere from 65 in san francisco, 68 at half moon bay, to 86 in concord and 83 in livermore. we'll talk more about the temperature spread as we go into the weekend. mike, you're still tracking the one traffic alert. >> yeah. start with the good news. looking at most of the green all over the bay. that's the good stuff. highway 24 yo

levi strauss also went public this year. we did not include them since we are focusing on the tech industry and their practices and characteristics. for these companies that have gone public or are expected to this year, we have 7,999 -- 7,990 employees estimated in san francisco. we did not get the pinterest number, that would bump it up even higher. these companies have more employees worldwide, but we focus on those in san francisco because that is where we will feel the impact when the exercise their stock options. we prepared an estimate of what the impact could be of the i.p.o. on san francisco housing prices and that is shown in this chart, and how we went about this, first of all, there are many variables to consider when you are attempting to do this. one of the key ones being how many employees are going to have stock options when they will be allowed to exercise them, how many shares they get, what the price of the shares will be, so all of that needs to be estimated, assumed to come up with some idea of how many

and levi strauss will report its first quarterly earnings report after its return to the stock marketevi's sales and profit are benefiting enough for the resurgent popularity of denim to really justify the optimism that surrounded its initial public offering. jane said in anjoins us now. talk is behind the rise in crude. it's been a rise of 30%, partly to do with tensions in venezuela, in iraq and obviously more recently libya which can constrain supply of oil. but on the one hand it's good for the opec producers, some of whom have very high costs in production so they are losing money even at this oil price. but it's obviously bad for some of the more efficient producers and consumers like the united states who have very low cost and production and obviously you consume a lot of oil and so people are never very happy if they have to pay more at the petrol pump when they are consuming. quick word on brexit, we said it was another big week. yesterday was relatively quiet, there wasn't much that came out of westminster, what are we expecting for the rest of the week? obviously we will g

funding for students, colleges face challenges with apprenticeships and, in particular, with the new non—levyo funding for 18—plus, non—levy adult apprenticeships, and only enough funding until the end of september for 16 to 18—year—olds. these skills minister acknowledged funding for further education had fallen. as honourable members have stated, funding per student has not kept up with costs. for 16 to 19—year—olds, we have protected the base rate of funding at £4,000 until the end of this spending review period, but that has been eroded by inflation. the association of colleges and the raise the rate campaign?s funding impact survey report have highlighted many of the issues and financial challenges. reductions in 16—to—19 funding over recent years have partly been due to falling numbers of students, the number of 16 to 18—year—olds in the population has been falling for ten years. the level is now 10% lower than in 2008—09, which poses difficult challenges for the sector, but it will start to increase again from 2020. she said she would champion fe colleges in the spending review. for me

host: levy asked the cofounder of earth day, the you agree things are moving fast? guest: yet, we are clearly in a position where we are approaching some progress. the frightening thing in which the scientist clearly don't know exactly where this will take there is what they called positive feedback were certain things happen and they continue to get worse on their own. she talked about melting ice and snow in key parts of the world in the polar regions and glaciers. when that melts, instead of the sun hitting things that reflected back, it will hit dark ground and absorb it and cause the ice and snow to melt more rapidly. in some places we have methane hydrates that are frozen methane gas in front of ice crystals. when that melts, greenhouse gases escape. those things can continue in a way we cannot control. we have to avoid the tipping point where suddenly the earth is plunging rapidly into a direction we cannot withstand and we can't do anything about. host: ron is next. >> president trump and the first lady are hosting the 141st easter egg roll today. we will ha

since truong imposed levies on european steel and aluminum and friend similar action on european made cars recently trump warned he could slot eleven billion dollars in e.u. goods with fresh tariffs. our financial correspondent yen score at the joins us now from wall street hi ends now earlier today trump tweeted about about how difficult a trading partner that you is any thoughts as to what that you can expect from talks going forward. it difficult to put it mildly u.s. president donald trump is actually saying that the european union has been a brutal trading partner but all comes back to bite you whatever that means but we can probably expect some pretty rough trade talks and if you look at the trade balance the u.s. exports the goods in the amount of three hundred twenty billion dollars to europe and on the other side they import goods in the amount of four hundred ninety billion dollars meaning they're running a trade deficit with the in the amount of about one hundred seventy billion dollars and therefore the trump is ministration believes that they have the better cards in thei

. >> caller: so my question is about levi's so, they just released an ipo a few weeks back and their earnings are up right now but i was wondering what you think about their growth i know they were -- they had an ipo before back in the '70s. but i was wondering what you think their potential is >> great question. i've been long a follower of levi's even when it was -- before it went private and knew the family and here's what i have to say about it i thought it was a good quarter, i thought chip burg did a good job and i think the stock is a buy. richard in tennessee richard. >> caller: hi, jim >> what's going on, richard? >> caller: yes, with snapchat's recent additions of developer tools, which include app stories, creative kit for websites and opportunities for developers to monetize the apps with snap ads, how do you see the market moving short and long-term for snap and how they work the investment. >> richard, i got to tell you i think the stock has moved so much maybe you could argue it shouldn't have been as low as it was and the quarter was okay but i think you're going to h

what local cattle ranchers found out, just as levi strauss found , by selling equipment and jeans to minors the money was not to , be made in mining gold. that was for suckers. the money was to be made in supplying the needs to gold miners. this is always been cow country. suddenly there was this immense market that opened up to the north. san francisco went from 800 people to 25,000 people between 1848 and 1849. a tremendous amount of customers up north to sell beef to. what that meant was there were a lot of cattle wires, ranchers and cattle brokers carrying gold dust on the. those were among the main victims of outlaw gangs like jack powers. san luis obispo county has always been in between. it has always been remote. it is a place where you stop when you're on your way from los angeles to san francisco. it's about exactly midway. in the 1850's until the 1920's, even during prohibition it was , so remote that it was ideal for people who wanted to break the law. it was easy for a man like jack powers, our outlaw gang leader to pull a job and disappear. he had an escape route that w

. >> tren que va de stuckson a san josé ofrece conexión con el aeropuerto pasa por el estadio levi'sa, donde puede tomar un camión gratis que lo llevará directo al aeropuerto en 10 minutos >> es seguro, nunca he tenido un problema. >> el tren está pensando en la gente que vive en la bahía más información visite la web >> aviones 737 de la boeing no volarán hasta agosto, se extenderá cancelaciones, pese a que el verano es un período de más actividad, 115 vuelos entonces serán cancelados diariamente >> si no hay hecho su declaración de impuesto, aún está a tiempo, inclusive como migrante. >> más información al volver. >> pancarta responsabiliza a la condición de ciudad santuario por la muerte de una mujer en manos dendumentado. >> descenso en el termómetro en 52 grado en este momento hablaremos de cambios durante la semana >> hoy lunes a la medianoche vence el plazo para declarar los impuestos >> muchos esperan hasta el último momento para cumplirle al tío sam. >> dependiendo de cada caso, contribuyentes después de un año fiscal les toca pagar. >> no quiero pagar más >> otros encambio

has soured the relationship as has his repeated threat to increase the levy on european made cars. joining us now is our financial correspondent yes court on wall street welcome good to see you now is this threat enough to qualify as a further escalation of trade tensions between the u.s. and the e.u. and how damaging do you think it could be for the talks well i mean so far is not that substantial if you look at the exports from the european union to the u.s. in the past year we are talking about roughly four hundred ninety billion dollars now those new tariffs are for goods in the amount of eleven billion so it's minor in that sense but certainly there is some uneasiness if we might be seeing some tit for tat so now that the european union might answer and that could provoke u.s. president donald trump and his administration once again and that's where the danger lies so that those two sides will actually start a fight it was the each other and that could. potentially lead to some escalation but who knows maybe the u.s. administration is using this case as leverage show for some

is the main difference we also know i mean referring to what we just heard from taipei we know that levy is going to go on to quote after he leaves brussels and that of course for many european countries and the big countries are seen as another attempt to sort of divide and rule and trying to carve out some countries from the european union particularly was the sixteen plus one initiative that sort of forms a sort of eastern bloc however if you look more closely you see that not everybody is happy in their poland already is complaining about some kinds of chinese investment that didn't turn out as well as our show hope so it is a very difficult and fluid situation politically but the e.u. is not going to be the one that sort of let itself be ridden over roughshod like it happened in the past but obviously in brussels. so in taipei thanks to you both. trying to transform this economy in past decades it has emerged as a major producer of many goods including caviar sturgeon physics from chinese farms have become quite popular and one company from eastern china is now even the world's bigg

has soured the relationship as has his repeated threat to increase the levy on european made cars. global trade is at a crossroads and today's e.u. china's summit in brussels could indicate where things are headed beijing is one of the european union's most important trading poppa's comus between the two has almost tripled since the turn of the century that's mainly due to china's share of global trade it went from five and a half percent in two thousand to over fifteen percent last year the value of a huge china trade volumes came in at a combined six hundred five billion euros brussels will be maintaining pressure on beijing today to open its markets further it also wants more action against product piracy and intellectual property theft let's go over to brussels to get the latest from visa lao correspondent there bob spring is here are you expecting any new beginnings as far as friendships between brussels and beijing. we might at least then talk about some little flowers blooming on branches because this was not the expected disaster that some had foreseen there is a communique

goes ahead with its own plans to levy tariffs in the aircraft subsidy dispute. but any final decision on levels of harm and compensation will not be decided by either the e.u. or the u.s. now when it comes to the possible this issue the level of use countermeasures that decision has to be stablished in light of the final decision of the euro area traitor that we expect to come in the near future washington and brussels are already in conflict after us president donald trump subjected e.u. steel and many of imports to punitive tariffs the e.u. responded with duties on two point eight billion euros of u.s. imports the latest airplane subsidy tariff list is open to consultation until may thirty first and could still be revised and both sides have said they would prefer a settlement that did not involve tariffs joining me now is a quarter our financial correspondent on wall street good to see you well all this week the e.u. declared its preparedness to start formal trade talks with the us how would you assess sentiment out of washington also given this development.