does macy's have an economy problem or a macy's problem?cy's does not have an economy problem. just like wal-mart had a great number target gave us great numbers when they released their preshow. the consumer is great. that's not the issue kohl's will have good numbers. nice macy's is in the phase of having to reconfigure the business to serve that customer, and they're mall-based they've been doing a good job of it, right? they're moving on-line and doing all the buy on-line pick-up and return to store. all the stuff you have to do but it's an expensive process, and we've seen that put a lot of pressure on them yes, they're not where they need to be, but it's not the consumer it's the department stores problem. >> i know real estate and malls in particular whereby have been an issue with a market cap of 7.5 billion dollars, at what point does macy's real estate value support the stock? the market appears to be valuing their core business at almost nothing. >> we're clearly there if anybody cared about the real estate the problem you've got

that's the macy's story.oader story, you had weakness over in asia translating to weakness in europe. s&p closing at a four-month high yesterday -- you are not seeing weakness in the cable rate, up .7%, off the highs of the session as theresa may puts cold water on any brexit delay. yields coming lower by one basis point. we have $32 billion worth of seven your notes -- seven year notes. promiseseresa may parliament able to delay brexit vote toeal fails -- a delay brexit if her deal fails. ♪ escalatingon musk his fight with the securities and exchange commission, pleading "something is broken tweetingoversight -- "something is broken with sec oversight." the agency claims must violated violated at -- musk settlement. home depot coming up short in the fourth quarter. chain of home improvement stores announced a new $50 billion share buyback program. home depot raising its dividend by 32%. shares of caterpillar falling in premarket trading. ubs downgrading the maker of construction equipment two ell.hes from bu

and that is another one of macy's hurdle.hey have platinum level shoppers responsible for 30% of the sale it's that occasional shopper they need to work on grabbing? >> are you getting read through with what happened with the consumer last months great confidence data this morning and yet that december retail sales report looks like less of an anomaly is it go back to weather court or >> the ceo says he thinks the consumer is healthy but watching it he feels like there is some noise in the data and when taked to cfo at home depot, carol, she said she believes the housing market is what she would call stabilizing. we went through this period where it was really accelerating and now it's stable. >> matt lowe, last word to you as well. >> the consumer's narrative appears to be softening a touch. i think the reality is that and what courtney cited with the occasional customer is exactly what's happening the last 12 months, you had an underlying macro dynamic that benefitted retailers versus 2017 and now fully lapped that and i th

macy rodgers is being held without bail. her next court appearance is in march where she is expected to enter a plea. >> vic, thank you. >>> let's move on to the weather forecast, some rain heading this way. >> we had some sprinkles. >>> it's getting active. not everywhere. we had a thunderstorm develop. there is snow falling. we'll chicago it for you going towards mt. hamilton. 5:27, mt. hamilton. 6:02 into morgan hill. pockets of moderate to heavier showers around the area. in fair field, cordelia. isolated thunder and hail is possible with the spotty showers. i'll be back with the hour by hour time line coming up. >>> a uc santa cruz student created an app that looked like a game but the feds say it was a front to sell drugs. >> the name of the app was a play on the school's mascot. >> reporter: a young college student with a seemingly bright future turning heads in an unimaginable way. >> i do know people think of certain ways to, i guess, get around things and try to find loopholes into things so, i mean, i'm not surpri

he launched this website after macie's death. why did you feel it was important to put that information out there? >> because the school wasn't doing a good job of explaining. there is no permanent record of what has happened. i can't imagine what it would be like to have your child die like this. it's hard for me to imagine what my son experienced on the playground that day. >> reporter: in a facebook video, school director heather mitchell speaks to parents after macie's death. >> it's important for kids to see this might be emotionally difficult. it's important for kids to see us cry. it's important that they know that this is a sad thing. >> reporter: an attorney for the preschool says we are unable to comment due to the ongoing litigation. however, we continue to work actively with the family and their counsel and our church community continues to offer prayers for all concerned. the school has not yet filed a response to the lawsuit. >> the family wants people to know that this wasdo its job anl there. >> a key takeaway her

we're waiting on macy's. we'll hear from macy's later this morning.ket. take a look at macy's up 1 and a third percent. we're waiting to hear federal reserve chairman jay powell's testimony. he will testify in front of the senate today and the house tomorrow and we are looking for any clues in terms of interest rate hikes, the economy, how strong it is and of course the global slowdown. futures this morning are taking a hit, given the weakness in home depot as well as caterpillar was downgraded. that stock is also down. dow industrials down 80 points, a third of a percent, s&p 500 is down 4 and-a-half and nasdaq is down 19 points. futures indicate a decline at the start of trading. optimism over china sent the major indices marginally higher yesterday. there is optimism the u.s. and china will come together with a trade deal. the s&p 500 was up 3 and-a-half and the nasdaq was up 26. in europe, declines across the board. take a look. fq100 down better than 1%, 77 points lower, the cac is down a quarter percent, 11 points lower and the dax index is down

macy's, tim?yeah, i think macy's is a case where this is a company despite the fears of the same-store sales there, it's a gross margin story the recent numbers was a bit of a concern in the fourth quarter. people didn't push around macy's they've been talking more about the debt side and that's been some of what an improvement. debt to equity 5%. dividend's intack, watch the metaphors -- >> i've enjoyed them. >> i'll get myself in trouble before the segment's over. undervalued asset. >> that heart came out before you were ready to reveal. >> i would love this. >> macy's one of the major stocks boeing, talk about outperformer and a struggle lately. >> this is an easy stock to love despite the moving at all-time highs of the company, a company that continues to produce on free cash flow basis, do 17 billion in 2019. it's a company that despite the fact there are concerns about trade wars and in china, your classic industrial anti-cyclical april long lead production time, i think valuation it's not

macy rogers also left the truck, surrendering to police. moraski began moving the vehicle but police armored cars stopped it. morassky armed with a shotgun jumped out of the truck. police say an officer shot and killed him as he ran toward the public who had gathered at the scene. the prosecutor says macy rogers was not a reluctant participant. macy rogers' family left the courthouse, declining to speak to reporters. joanna macy rogers was arraigned today on eight felony counts. four of them for the attempted murders of police officers. the other counts include carjacking, kidnapping, and hostage taking. she's being held without bail. vic lee, abc 7 news. >>> a college student has a lot more than grades and tuition to worry about. he's facing federal charges because of an app that he created. >> tonight see how what the feds call a drug-dealing app managed to get onto the apple app store as a game. >>> abc 7 news is about building a bay area. so when you told us there was a problem at the san leandro bart station we head there'd tod >>> cal

one stock not resting etsy, it has overtaken macy's, this is more valuable than macy's. are you in the stock? wing wing, if you're frequent -- wink-wink, if you're frequent watcher of the show you might be. >>> president trump is gearing up for the big summit with north korean leader kim kim while here at home he is spending more on defense. we have details and so much more coming up on "making money." ♪ charles: markets are, well, dow moved -- interesting, earlier in the session, s&p and nasdaq was higher, dow was down. we're all over the place trying to find direction here. we're off the lows of the session is. first we got started with a mixed bag of earnings. home depot down big time. home improvement retailer reported weaker-than-expected numbers. the guidance is what worried a lot of people. conversely, autozone, smucker's, etsy all crushing it. so the question is, is this rally starting to strain here a little bit? here to weigh in on all of this, david nelson, chief strategist of bellpointe. mark luschini, chief investment, janney montgomery scott, carol roth, cr

macy's cut cost after an ugly holiday season.sarahreak it down -- zach -- sarah hall zach now.ch who joins us growth was basically nonexistent, but they said they would cut costs which appeases investors, but i don't know how that improves the company down the road. >> i think the cost-cutting is a little perplexing. this is a company that implemented a $550 million per year cost-cutting program in 2017. most of us who watch macy's closely, we don't think the company's problem is loaded expenses. hasr problem is topline, it not made enough progress in connecting with the new generation of shoppers. aret of its initiatives bringing -- wringing more sales out of the shoppers it has as opposed to call getting new ones -- culminating new ones. there was a pretty bad weather this quarter. sarah: there was. that's my least favorite retail excuse, but there was issued there. they also cited hurricane expenses. there were a lot of those. folks were having to fix up their home and they weren't having to do that in fourth-quarter. home dep

. >>> macy's is trimming its management ranks. that's where w begin tonight's market focus. the department store plans to oiminate 100 senior management jobs as par a plan to save $100 million a year. macy's reporte better-than-expected earnings and revenue in the most rectet qu and said its plans to double down on its most popular mehandise likeeauty and jewelry to help increase its profits. despite offering a flat outlook, macy's rose 1.5% to $24.72. >>> higher demand for its dunkin' donuts branded coffee held j.m. smucker beat quarterly earnings and revenue expectations. the package food maker alsote bene from its purchase of the premium pet food company. the stock rose 5% to $106.09. >> troubl with the s.e.c. again. the agency has asked a judge to hold him in contempt of court after musk tweeted abo tesla's projected vehicle production saying it violates aatettlement t reached with musk after he tweeted about taking tesla public last ye. separately, investors of the energy storage company maxwell technologist are suing to block tesla's acquisition of the company. tesla's

macy's comes to mind. i think macy's and target one morning in january release rults concurrently. i remember -- results. concurrent can. going one of these is a lot bigger than the other. tell us one of them to about consumers bigger than the other. that was target. one thing that through people off was the heating oil and prices went down f it looks like internet sales were week, that was a heating thing. >> great point. internet has been the star for certainly the last couple years while the macy's and jcpenney's and sears of the world struggled. even the nonstore retail, internet component of the december report was hugely negative. consumers were literally buying nothing. >> let me jump in here. cbs has reported its results. for the fourth quarter adjusted of $1.50 missed the estimate by two cents. a market increase from the same time last year. even though it's an increase, it has missed the mark when it comes to the bottom line. top line, cbs reported revenue of $4 billion. analysts were looking for 4 $12 billion. this miss on the revenue line is also a miss of the lowest es

macy's is up .3% but it was up around 5%. investors are tried to work up how trade earnings that we got out of macy's today. we know they had a poor fourth quarter and it came to pass and we knew this because they preannounced holiday earnings last month. now we are looking at flat growth for macy's through 2019. another thing with macy's, they are looking to cut costs by reducing management. david: ok, emma chandra, thank you so much. let's turn to your home country, emma. big news out of the u.k. and prime minister theresa may. report to vot parliament on the brexit lan chile doubt next steps. -- brexit and she laid out next steps. what did we learn out of this? it seems increasingly complicated. three different options now. extraordinary to four hours because we have seen major policy reversals from the labor leader and the prime minister herself, and both, it must be said, were tactical. jeremy corbyn said he would support a public vote and is trying to prevent labor mp's from leaving his body, and theresa may said there

for)hlut as reporter macy jenkis i-80 today. authorities advised people not to drivedrives by. holiday weekend. as reportersot: 21:32 "really, people chanced it anyway. >> another round of snow in the sierra meant an icy theá:-hlápkpuuhoe received 20 >> madness. >> really,inches traffic jam. >> i-80 shutdown on friday and saturday due to poor driving conditions. >> i heard. >> were you worried about that happening again? >> we were. of course the weather reports are saying that things were supposed to clear up a little bit but -- sometimes the weather reports are off. >> but sure enough just before 5:00, the sunday snow lifted. chain controls still in efekts but i-80 wasn't shutdown just yet. while chp warned travelers to stay away from the sierra thousands of families decided to take their chances this weekend. >> the kid wanted to see some snow so -- she is seeing some snow. >> when there's a road closure here or even chain controls this whole town turns into a parking lot. >> he said drivers have been scrambling to get around the closed interstate for days which has led to t

personaliza tu regalo en macy's. el destino para la belleza. personaliza tu regalo en macy's.íso. máscara lash paradise. de l'oréal parís. lleva tus pestañas al paraíso. hola campeón. nos encantaría que nos ayudaras con la ropa. así es como lo harás. rocía y talla cualquier mancha. remoja tu sucia playera. apesta! lava la ropa muy sucia por separado. recuerda que el trabajo duro forma carácter. nuevo tide pods con tecnología mejorada 4 en 1 logra una limpieza infalible en un paso. ayy, sí lavaste! para una limpieza poderosa en un paso, tenía que ser tide. en olive garden totalmente nuevas never ending stuffed pastas desde $12.99 escoge tu pasta rellena, salsa y topping favoritos todo es interminable totalmente nuevas never ending stuffed pastas sólo por tiempo limitado en olive garden >>> hay un hombre en el salvador. y como nos cuenta samuel a raÍz trabaja en un proyecto que busca an llar el camino para resolver la grave crisis migratoria de la naciÓn. veamos. >>> julian pineda es el primer migrante salvadoreÑo en pertenecer al congreso de este paÍs centro american. >>> el pr

macy jenkins, reporting: "it's like a california groundhog day. just sitting in traffic with my car idling. but senator john moorlach says you're just emitting greenhouse gasses and it's bad for the environment. so what's the solution? well his bill says add two new lanes on the highway with no speed limit!" natpop car going bymos: "very interesting."but just how would that work?john moorlach, (r) california senator: "you're burning the fuel efficiently as opposed to just sitting in slow traffic waiting for one truck to pass another truck for 20 minutes." (8)orange county senator john moorlach wants to see two lanes on each side of both i-5 and highway 99.from bakersfield to stockton.and no 65 mile per hour limit would apply.john moorlach, (r) california senator: "if you look at what's happening in germany. the freeway accidents on the autobahn are a lot less than what's happening on our roads!"and he says thisá plan - is more realistic than a high speed rail still years away from being built.john moorlach, (r) california senator: "so why don't we

when they macy's to wall street 0 a.m. time. they have had a rough start of 90% for , down close to the year. preannounced the holiday sales last month and needless to say they were week. the market deny like them. the quarter. joe: two big catalysts, the first was the gene editing upabout 25% shares to close out the day. that's the best performance that it's had since its i.p.o. in 2016. it hasn't really shown the results and see it's basically treated its first human in an early stage study. it's a pretty promising development. there is hopefully going to alleviate some of investors fears that the company wasn't going to make good on the promise of the technology. technology. of course, we also had that big buy-up of spark therapeutics. starting to generate a lot of speculation about what the next company could be. you can see some of the names there, unique cure rising about fitzgerald anter saying they would be the next acquisition target in this space. bird rising today. a lot of optimism back in this pace that was pretty s

macy jenkins limits. macy jenkins has more on how it would work. natpop trafficwhat do you do when you see this?mos: "i put stuff in the gps just to see if there's a quicker route." another holiday bottleneck. mos: "freeways are congested and it's just havoc!"and this president's day lived up to its bad reputation with bumper to bumper traffic on the roads. ma jenkins, reporting: "it's like a california groundhog day. just sitting in traffic with my car idling. but senator john moorlach says you're just emitting greenhouse gasses and it's bad for the environment. so what's the solution? well his bill says add two new lanes on the highway with no speed limit!" natpop car going bymos: "very interesting."but just how would that work?john moorlach, (r) california senator: "you're burning the fuel efficiently as opposed to just sitting in slow traffic waiting for one truck to pass another truck for 20 minutes." (8)orange county senator john moorlach wants to see two lanes on each side of both i-5 and highway 99.from bakersfield to stockton.and no 65 mil

personaliza tu regalo en macy's. el destino para la belleza. personaliza tu regalo en macy's.odo el extraÑo, ¿quÉ tal?. >> a propÓsito del dÍa del amor, nos vamos a ir a un lugar que estÁ siendo visitado por muchos al va salvadoreÑos con tal de dispuestos a desafiar a la gravedad, manuel nos cuenta mÁs. >> ubicado en las alto durura d salvador, llegan lon qs que and en busca de la pareja ideal. >> el reto alcanzarlo tan altoÓ como ella quien dijo que este 14 de febrero, no quiere pasar sin pareja y por eso pidiÓ que la empujaron con todas las fuerzas y lo logrÓ. >> encuentra el amor de nuestras vidas esperemos que pronto llegue. >> tambiÉn lo intentÓ beatriz una viuda que decidiÓ darse otra oportunidad en la vida. >> llega la felicidad. >> no importa la verdad. >> pero ¿leyenda no termina ahÍ, ya que aquÍ tambiÉn pueden venir, los que ya tienen pareja, solo que tienen que someterse a otro tipo de prueba, debe pasar la prueba del borracho y dar una serie de giros en el columpio al bajarse, deberÁ mantenerse en pie. >> si logra llegar a abrazar a la novia, realmenteapara que te.

retailer macy's just reporting earnings they came in at $2.73 a share. was also better than analysts had been forecasting. comp store sales on an owned plus license basis were up 0.7%. analysts had been looking for 0.9% increase. macy's also forecasting full year profit of $5.05 to $3.29. that stock is up by 3.75%. let's bring in courtney ragan. >> a little bit of a mixed report there overall we had a little snapshot when we got the holiday sales, so we knew at least two-thirds of that quarter. and i spoke with jeff gannett on the phone today for more color and background into the quarter and year he said the year ended better than we expected when we had forecasted it in the beginning of the year. ultimately earnings were strong, margins were flat. our strategic initiatives are giving us traction gannett also announced the knowledge in december. he says there are things he doesn't believe will be repeated he is saying that took away about 70 basis points for the compable sales gennette also said it was up 6% early in the year. then later, it was down. r

we already know the macy's story.old us that up front i'm a fan of macy's. they're clearly not able to bring it down to the bottom line yet. they told us that. they're still under construction, if you will, on getting the business where they want it to be. i was just in a macy's yesterday out in new jersey, and, you know, they're trying a lot of new things they've got a centralized checkout system they're looking at they're closing less producti i stores they're moving the business online >> but consumes are changing rapidly as evidenced by what we see this morning by kraft heinz. consumers are changing rapidly on every facet >> yes that's one of the reasons they've got a whole floor of the store in woodbridge which is their off price concept. but that's across retailing. macy's is just an example. >> the off price is now in the full price store it used to be a separate facility where you sent your off price stuff like an outlet the outlet is now within >> unfortunately, i am so old, that's the way it started. we had

macy's the worst performing stock this year but something about the selloff the chairwoman says investors get wrng. she gives the fine print but start off with the markets stocks rally on the art of the deal we hope sending the dow soaring more than 370 points. the s&p closing above the 200 day moving average since before the big december selloff let's get to eamon javers on the deal talks. >> the president of the united states said two seemingly contradictory things during a cabinet meeting today. on the one hand he said he doesn't like the showdown deal that's coming together up on capitol hill he says this is a democratic deal it's bad for the country on the other hand, he said he doesn't think there is going to be a shutdown of the government at the end of the we can the question is how can we have a shutdown avoidance while not embracing this showdown deal here is what the president said earlier today. >> it's always nice to negotiate a little bit great so whatever you get. i would hope that there won't be a shutdown i'm extremely unhappy with what the democrats have given us. it's s

. >> a very nervous joanna mae macy rogers. bolted back into the hallway. the judge only allowed us to use a still camera. she stood with her back to the courtroom as she was charged with eight felony counts. four related to firing a shotgun at pursuing officers. court documents show she has admitted firing the shots under directions from her accomplice, mark per os ki. >> fired at sheriff's deputy. striking the car that the deputies were driving at least four times. >> court documents show for the first time the name of the ups driver kidnapped and forced to drive during the chase. mitchell he will erred. the proper echoed the words of the police chief and called the ups driver a hero for among other things doing what he did here. deliberately driving over a police spike strip. >> he had bravery. had he not composed himself the way he did, many more lives could have been lost. >>> macy rogers is due back in court on march 12th to enter a plea. she's held without bail. her family members were in court but declined to comment. what about the machete, and oth

so we saw macy's, if you remember, have their biggest ever stock top last month. they will still -- they were still able to get a gain in the holiday quarter. we have a chart showing you that. 0.4%, so ad gain fourth consecutive quarter of sales growth. but the trends are downwards, and the outlook is expected to .1%.at, or plus and they did come in below estimates. amanda: we have a multi-year low on housing starts and other weaker data points for housing, so how is that playing into things? emma: home depot came in with their earnings earlier than echo data. and the sales group, but they missed estimates. it is rare for them to misguidance. they have had a really good growth story, up in the last three years, but they are really a proxy for the u.s. housing market and them saying they see a sales slowing in the next year reinforces across what we have learned from the data today. that.: ok, thank you for vonnie, emma was referring to the data. one we are watching with interest is the case schiller number on home prices, that factors in a great deal to affordabil

they say that macy rogers had some run-ins with police but they describe those as fairly minor and nothing that suggests she was capable of the violence allegedly on display yesterday.>>> a sausalito home came crashing down a hillside after yesterday's relentless rain. a woman was sleeping inside when it all happened. she woke up trapped in mud and rubble, up to her neck. tonight she is bumped and bruised but otherwise okay after quite the rescue. >> her house was on sausalito boulevard and slid 200 feet down onto another home below. we are now there with the woman's story. andrea? >> reporter: ken and liz, this slide started nearly at highway 101 here and sausalito. that might took out susan gordon's house with her inside of it. >> it was fast. >> reporter: tonight, bruised and bandaged, somehow susan gordon is a lot to tell her tale of surviving a mudslide that sent her tumbling down hill in her crumbling home in sausalito. >> all of a sudden there was this cracking sound and then i was tumbling down and thinks were tumbling all over me, on top of me. and it didn't last very long at leas

. >> reporter: when macy's parents dropped her off at preschool they never expected she wouldn't come home. and they say in the early days after her death the school did not provide information about what actually happened. 3-year-old macy loved playing at parkside preschool in newark but on october 19th last year, according to a newly filed wrongful death lawsuit a play structure toppled on to her. >> she suffered tragically very, very sere head injuries. >> reporter: connor kelly represents the family saying park side was negligent and reckless failing to have it inspected. >> this tragedy could have been prevented had park side preschool done what it was supposed to do. >> reporter: reports show state inspectors issued two violations against park side saying the play structure was not anchored to the ground and no cushioning to absorb falls, both violations posing a health and safety risk to children. >> i think they've been deceptive and trying to down play everything. >> reporter: lucas is the father of two children that attended park side. why did you feel it's important to put

we'll be hearing from macy's and home depot. what are you watching from earnings, real quick? retail sales slowed a little bit in december but i think the major thing looking forward is tax refunds are lower this year than they have been in the past. americans are paying overall lower amounts of taxes but i think a lot of americans have always relied on that tax refund for a big ticket purchase, a vacation, home improvement. i think more of the forward look into the first quarter of how consumer spending is going to impact retail is going to be very important. cheryl: we'll be talking about that later on in the show. joe, thank you very much. >> thanks. have a great day. lauren: still ahead, a scathing expo say, facebook workers who moderate content said they're developing p.t.s.d. because of work conditions. how facebook is responding to shocking claims this morning. and it's been almost three years since the last presidential election. looks like hillary clinton is still holding a grudge against bernie sanders. the latest jabs against both camps. you're watching "fbn: a.m.."

joanna macy rogers was arrested. the ups driver was not injuredch the driver told the two suspects his truck couldn't go feast faster than 50 miles per hour and purposely drove over spike strips to end the chase. san jose's police chief says ups driver should be commented for his quick thinking. >> that guy should make ups all over the country proud or all over the world proud because he definitely saved lives including his own. >> police say that earlier that night, macy's shot at officers from another vehicle and surrender. the male suspect morasky took off running from the ups truck holding a shotgun. he was shot and killed by a 12 year veteran of the police force. although morasky didn't fire at officers the police chief claims the deadly use of force was justified. >>> shoppers at hayward mall are worried after a rabid bat was found there. amber lee explains how it was found and how health professionals are responding. >> this is a mexican free tail bat. >> reporter: the director of alameda county public health

joanna macy-rodgers, you see her there, is charged with eight felony counts. investigators say she was the one that shot at officers from that ups truck with a shotgun during last week's standoff. the name of the ups driver who was kidnapped and forced to drive during the chase was released today. his name, mitchell ellard. and he's being called a hero for deliberately strs to flaen >> he exhibited extreme resolve, courage and bravery. had he not composed himself in the way that he did, many more lives could have been lost. >> macy-rodgers is due back in court in march to enter a formal plea. court documents, though, released today reveal that she already admitted to firing the shots. >>> two fire victims in san francisco filed a lawsuit in connection with that gas explosion earlier this month. you remember that. a construction crew installing a fiberoptic wire broke a gas line. this happened at geary and parker right outside the hong kong lounge 2. named in the suit, the construction company and the contractors involved. five buildings were badly damaged by t

you've got major box players like macy's and target and you've got little things like foot locker ando forth and so on here is the chart. well, it doesn't say much but if you put in some lines, it does one thing you can do is put in the line this way and what you see is a well defined downtrend. and it has failed here repeatedly over and over and over and what's to say that it's going to bust through. well, some would make that bet i'm not going to make the bet. i'm going to make the bet that it's going to fail yet again let's look at this same chart and talk about relative performance because this is the real problem here's the exact same chart. as it's ascending over the past month and backing and filling, you're almost making new 52-week relative lows. so money committed here is underperforming other things that one could have done with one's money. the definition of no alpha now, if i pull this back even further, same circumstance, right. and the issue is are we going to undercut that low. and i think that's what's coming on a relative basis, regardless of what happens here on top

rebel prosecutors have charged macy-rogers with three misdemeanor count of assault .earned that the three maids allegedly attacked by lycett r occasion, he s, jackson, took and shoved his head into a closed elevator door. reporter: authority say all three were resisting in some way. whether it was spitting at deputies are going limp, but investigators say that did not justify being attacked by the deputy. >> anybody anybody comes 2 of his ascites, it is our dr. protect them, and whether it is from another inmate or staff, we need two make sure that they are help and well-being is upheld. >> the case was built on statements by the inmates of the jail staff. >> most importantly, on the surveillance system that the san mateo county sheriff's office installed in our jails, that is within the last year or so. rep mike deputies the deputy is on paid administrative leave. he's been in the sheriff's office for 6 years and previously worked as a daily city police officer. >> anytime here at these allegations, it's concerning, and we are thankful for the inmates who had the cou

macy-rogers is charged. the ups driver who helped watch the crime is off from work and recovering from his ordeal at home. >> i know that he is more than likely going to get our award from our major award at the end- of-the-year. >> reporter: in san jose, jesse gary, ktvu fox 2 news. >>> it's the announcement thousands of east bay parents have been waiting for. tomorrow, teachers will make public their plans for a possible strike. that walkout that comes early as next week..com new allegations against cemetery sheriff's deputy. deputy now charged with using excessive force against inmates. hroughout) >>> it is the announcement expected to come to more on plans for possible strike by oakland teachers, and it could happen as soon as wednesday. rob roth was live in oakland with the city wellness . to think a teacher do decide to walk out. rob? >> reporter: andre, union leaders are still leaving this evening, going over all the options. the announcement is expected about a strike tomorrow, where teachers are por

, that the road ought to be regulated the same way macy's is. justice scalia said it a lot better when he said there's a difference between delivering a pizza and making a pizza. there's been a lot of talk, but the second point i would make about how the trump f.c.c. presented false evidence that open internet regulation would hurt investment. but thirdly, focusing on blocking, throttling and prioritization ignores the future and doesn't even protect today. it doesn't protect today because it says you're free to discriminate, just don't do it this way. and worse than that. michael was right. the cake is not fully baked. but those three principles apply netflix concepts to a dynamic and constantly evolving internet. today, the internet is about transporting things. web 3.0, which is now upon us, is about a network that orchestrates, not transports. oday, 4-g is about full signal transition. 5-g is about network slicing into pieces. there must be a general expectation that no matter how technology develops, the essential networks must be open , ju

"the chronicle" reports macy's sold the magnin building in union square. it was purchased for $250 million. for more than 20 years, macy's combined its own space next door with the i.le is magnin space. macy's has no plans to close sand hill talking about keeping a retail presence in the building. >>> a bountiful january weather wise is providing a big boost to california's water supply. the snowpack was measured and turns out we're leaving the month right about where it should be. water levels are nearly 100% of normal. maybe best of all, we're starting february on a wet note with a new round of wet weather coming in today. here's a live look at interstate 80 in the sierra, soda springs. this is near that area. drivers headed to tahoe for the weekend may be challenged by difficult conditions. kari is looking closer at that weekend snow warning for us. they need to be mindful of what's going on. >> absolutely. now is the time to get on the roads, if you're going to the sierra, and i'll have a look at the tahoe report coming up in four minutes. as we look a

blame the weather, macy's blames tourists give home depot some credit. this is home depot for heaven's sake this is the depot. this is the -- >> you say they benefit from a lot of credibility. >> yes i think, again, you go to home depot, you speak to management, they're gearing up right now for their big selling season and if it is good, and you sell the thing down six, i think you will be perturbed two months from now when carol tamay talks about, wow, i can't believe the comeback the housing start numbers, mediocre could be weather has to be weather. has to be. it has to be. >> new home sales at a three-year low the other day not that far off >> look, we have a combination of the powell storm and the weather storm. powell did say some things that were upsetting they were upsetting. talked about the -- the one in three, remember, on the -- on "ellen", what was he on? was he on "ellen"? >> making the rounds on oprah. >> terrifying. 25 basis points in the best economy in the lifetime. >> honestly -- >> how can he do that? >> i don't know how he can do tha

"are you maci?" i said no. aggressively because it was, like, "you're driving crazy." >> reporter: at this point, it seems he's angry because he's having trouble finding this person, maci. >> he speeds off after i said no. we continue to walk, but at the time i still have my eyes on him, just, you know, paying attention. >> he turned the car around, drove back towards her. >> i saw a car. it was coming fast, but yet slow motion in my head. >> he took the glock model 19 out of his pocket. and as he got even with her, she saw him pull the gun. >> reporter: do you remember the moment you saw that gun? >> how could i forget? i told the girls, "run. no matter what, you run and do not come back." >> she had no idea she was looking in the face of a man who was going to commit these horrible crimes. >> maybe if i just keep moving, if i just keep moving, if i keep moving, but he just continued to shoot. anything with a stain. soak your nasty jersey. it stinks! wash the really dirty clothes separately. remember -hard wor

macy jenkins has the story.ea: "oh i was freaking out, it was pretty cool and scary and terrifying at the same time" (5)an entire neighborhood doing a double take sunday morning.dan o'shea: "well it was a giant cat, you don't see that in this neighborhood!"this curious feline was caught on camera outside of dan o'shea's front door.dan o'shea: "it was a bit of a shock"he called police - as the cat continued to roam the streets.just after 10am - officers arrived - urging people to stay inside. cynthia hextell : "she texted me and told me so i had to come down and see it for myself. and it's real!"parents like cynthia hextell concerned cynthia hextell: "and theour do worried about that too!" bessemer way - blocked off - as animal control hunted down cat.even city councilmemr brief on the situation.angelique ashby: "that hasn't happened since i've been the councilmember which is a little over 8 years!"as animal control moved in, the cat didn't sit still and eventually made his way into bill garvey's backyard.bill ga

people their own myth that nastasya made of a good family day you don't need a maci not even sure but it's not the best but double the homage. boss just decided that it had a very diverse. a good i'm not going to get closer but not done to put it on and on it gets a lot of more dramatic. i think it might make you sad but i think it would be hard to figure out why did you buy the stuff. for an audition is. this a one hundred twenty five. comment he can the list could ultimately compete sort of . meet the. needs of. the movie of. the. us the it was the. dorwin moment a lot of me or. whatever so you know. limited to two clips on q one of the getting the by for another to check out all the kids of the town and local fish do your. local. movie there's a. moment. here. so. it's been man i must go back i don't think i'm going to convince me jim there could be enough to manhood with being just a convention pitch and i think the stop them from jumping up and down and down up and stop them from nothing no more than that if i can put out the left on their image i'm a bunch of bull in a minute bu

>> well, if you look at macy's, which is what we are talking about, macy's, because they own their real estate, they are almost more of a real estate company than a retail store. one of the big things is very similar to burlington, they own all their real estate so it brings a lot of value that never gets counted into the books or the earnings. if we are going to buy one, i would certainly consider looking at macy's. stuart: okay. target. i think they are trying to challenge victoria's secret. target's got a new lingerie and sleepwear line. does anybody want to take that on? ashley webster? ashley: well, what are you trying to say? stuart: what do you know about this? ashley: in my many years of studying the lingerie market, listen, they are bring out three new lines of lingerie and sleepwear. susan li was talking about this earlier. they are taking on -- let me finish before i get myself in trouble. i want to be careful. this is a line that's not done very well for victoria's secret. they have struggled, right? why jump into a market that has struggled? susan: l brands down 50% in the

and war greece or macy's workers just like you guys for me the choice to do that or not do something in life to have success. wrong people working at mcdonald's work and fry machines there just wasn't given the opportunity. we're going to have to make a decision. whether or not we should go on strike i'm been in your shoes and i still am in your shoes right now to try naturally i'm just a little bit better but mentally armory where they are and gives me the greatest satisfaction just to see a smile and they can come out and just forget about the bill for a day see. how they are you ready to strike. fifty six thirty. every day i go to bed and i pray please god help me find something out. and it's almost like god's laughing going we've got to go back millions like here's a lesson. it's a lesson all right. i'm not like them and. aside from an eight year stretch in the construction trades emilia stand he has worked in restaurants for most of her life i never thought that i would be back to waitressing. french toast the seventy how would you like to exe scandal and there i go again you kn

they released this photo of the female suspect, identified as 23 year-old joanna mae macy-rogers, to be charged with attempted murder and kidnapping. in san jose rob fladeboe kron4news (robin) the ongoing saga between colin kaepernick... eric reid... and the nfl has come to an end. the players' lawyers... and the n-f-l... announced that a settlement has been reached in the players' collusion case against the league. kaepernick first presented the case back in october of 2017... he accused the league and its owners of not signing him as an act of retaliation for his kneeling during the national anthem. kaepernick has been out of football since march of 2017... reid just agreed to a new deal with the carolina panthers. exact terms of the settlement are unknown. (robin) coming up on the kron four morning news at 5... former president barack obama will visit oakland this week... we have details on why he is coming back to the bay area. (robin) live look outside... at the san francisco international airport. (robin) people in wisconsin are used to the snow. and they've got plenty of it af

is trying to do that bu people don't go into macy's in quite the same way >> people buying groceries and having it delivered to their car. costco, we like to throw things into a retail lump very different model you like it. it's a 14% year. do you find any extra boost, if you will for the walmart news today. >> i just kind of feel like costco is it s own animal i think walmart traffic was encouraging. i think that does probably bode well for overall discretionary retailers of this earning season this is a fabulous management team they do not want amazon to win they have really come out guns blazing. i still like the story other than valuation that's my only thing >> one quick one on walmart before we leave it and that's china. except for the fact they buy so much from china, we don't talk about them as a china play in terms of expansion that is what they talked about on the call here they said the growth opportunities in china are immense for them i'm not surprised to hear that i think a lot of our viewers are probably surprised by that statement. >> i tweeted this out, it's incredib

click or visit a retail store today. [ wind howls ] >> so, macy's flagship store in new york was thehat architectural feature? it's "b," the escalator. and some of the old wooden ones are still in use. >> lots of kids inherit their parents' home, but architect tony belluschi doesn't just get dad's house. he gets a broken-down monument to northwest design built by his legendary father. by 2013, tony's restoration of pietro belluschi's masterpiece is complete. >> every single square inch of this house has been refreshed, restored, or added onto. >> tony expands the home by more than 700 square feet, adding a bedroom, garage, art gallery, and he replaces his father's shed with a new guesthouse. but god is in the details. and today, i get to see the final product. >> oh, my goodness, this is a kitchen i could make magic in. >> well, this is a completely reborn kitchen. everything had to go. the original one from the '40s ended right here, was only this little alcove here. >> and of course tony rehabs that woven wood ceiling in the master bedroom. >> no way! that's real wood? >> this is r

customize your free gift at macy's. the beauty destination. customize your free gift at macy's.nts to be (cthe cadbury bunny because only he brings delicious cadbury creme eggs. while others may keep trying, nobunny knows easter better than cadbury!® [ phone rings ] how's the college visit? does it make the short list? yeah, i'm afraid so. it's okay. this is what we've been planning for. knowing what's important to you is why 7 million investors work with edward jones. >>> it's 8:26 on this sunday, february 24th. you.morning to i'm meagan fitzgerald. we want to get straight to some of the headlines we're following in silver spring, firefighters pulled a woman from a burning home alive. the fire broke out on holman avenue in the forest glen community yesterday. fire officials sayer there hoarding conditions inside the house that made it difficult for crews to get in and find her. the woman is expected to be okay.ec there is a sond person who had beenn the home as well. they were able to escape. >>> the family of white house senior adviser jared kushner i in the new land -- the ne

woman who was part of the ups carjacking and she surrendered early and she is 23-year-old joann a macy rogers and this picture is the shotgun she used to shoot at them during the police chase. the other suspect who friends identify as mark more askii was seen holding the shutdown and he was shot after he ran into a nearby parking lot with the gun. robert honda is live in san jose with an update to the robert. >> reporter: as you said, the surviving suspect is the person that police say shot at officers during the chase. she is now here at the main jail awaiting court and will face numerous charges for the bizarre series of events that began to unravel thanks to a quick-thinking hostage. this was the moment when the chase started to end. when a man and a woman who carjacked a ups truck and forced the driver to help in the getaway ran over a spike strip put out on highway 87 but officers. the disabled ups truck ended up on north first street where a man armed with a shotgun staged a standoff. first he let his female accomplice out, the woman 24-year-old joanna macy-rogers was arrested an

i'm jack macy. it's been my privilege and joy to have known kathleen since i came to work for the city 20 and a half years ago. you helped orient me to san francisco and to the business community. i have just always been impressed by the joy and gusto you have with work. your smile and laugh, it's carried you a long way, no matter what the challenge is. you've really made quite a difference. i think about how far the city has come during your time and how you have really helped transform the culture and practices of the business community, working with beaumont, helping to create the recycling committee, the commercial recycler of the year awards. a lot of that work you really help lay the foundation on. then you went to work for mosconian, taking on that huge challenge. and while you were taking on that challenge, you had a stint of heading up the beaumont committee and inspiring all those colleagues. your work at mosconian has been incredible. i just have a wonderful memory of coming to visit you

on today's watch list on housing starts and consumer confidence, earnings for macy's and fed chairman jay powell is on the capitol hill to discuss the >> the senate finance committee is holding a meeting on the johnson's are set to testify. some analysts are expected companies to point the finger in supply chains. senator chuck grassley is warning those drug makers not to blame others and take a role in fixi fixing the problem. >>> nerd wallet says nearly half the people who bought a home in the recent years offered more than the asking price. the report recommends buyer shop lenders before applying for r a mortgage as a way to potentially save some money. those are your cnbc headlines. back over to you. you got to be bay area, you fast. >> thank you, frank, hope you feel better. >>> coming up next, it is a warm day for a warm cup of tea and staying in. >> we are going to see some of those showers continuing off and on throughout the day across the bay area. here is a live look outside in san jose. a couple of sprinkles. our temperatures holding steady in the low 50s. i will show you

her death, the school did not provide important information about what actually happened. 3-year-old macy loved playing at parkside preschool in newark but on october 19th last year, according to a newly filed wrongful death lawsuit, equipment fell on her. >> she suffered serious head injuries. >> reporter: the attorney said parkside was negligent and reckless for installing the play structure improperly and failing to have it inspected. >> this tragedy could have been prevented if the preschool had done what it was supposed to do. >> reporter: state inspectors issued two violations against parkside noticing it was not anchored to the ground which allowed it to tip over and no cushioning to absorb falls, both violations posing an immediate health and safety risk to children. >> i think they've been deceptive and trying to down play everything. >> reporter: lucas is the father of two children who attended parkside and launched this website after macy's death. >> why do you feel it is important to put this information out there. >> because the school wasn't doing a good job of explaining. t