i couldn't get that mark. even though i could get a mark saying that all politicians are virtuous or that all democrats are virtuous, either way. doesn't matter. you see the point. the point is that i can say good things about something but i can't say bad things about something. and i would have thought that that was a fairly classic case of viewpoint discrimination. >> as we pointed out, laws like libel laws have not been historically treated as discriminatory based on viewpoint -- >> well, libel is one of our historically different but very distinct categories. and you don't make a claim that this falls into a category of low value speech that the way that libel laws, in the way that defamation does or fighting words or something like that. and you're not looking to create a new category. so in that case it seems the viewpoint-based ban applies. and as i said i would be interested to hear your answer of why the example i stated is not viewpoint based. you can say something good about somebody but not someth

for example, marks that are merely descriptive, that are generic gum marks as to which the applicant is not the true owner because somebody else was previously using the mark in commerce come those can be registered either. spirit each of those and i know there are several are related to the ultimate purpose of trademark, which is to identify the source of the product. so every trademark makes that statement. now, what purpose or objective of trademark protection doesn't this particular disparagement provision helped along or further, and i'm thinking other provision of this as you can say something nice about a minority group but you can't say something bad about them. i know the others. i don't know them all but i know many of them. i can relate that. you relate relate to this. spirit congress concluded disparaging trademarks with you to commercial development in the following way. i trademark in and of itself is simply a source identifier. its function is to tell the public from whom did the goods or services imminent. it is not express it in its own right. it is true that many co

mark: live from london i mark barton.sident-elect donald trump's inauguration draws closer investors assessing the sustainability of some of the most popular -- including a strong dollar and higher u.s. yields. we've seen the u.s. tenured touches lowest level since november after -- joining us, .hilip guarco he sees the tenure at 2.7 5% at the end of the year. thanks for joining us. is the trump reflation trade over? philip: i think what it is is the pause we were looking to get even a month ago. rates have moved too far sue reflation've had exuberance. i think we consolidate here and wait to see what's going to happen in terms of execution right now. mark: the big fight in recent days if you can call it that is gross on the other. -- what is your figure and why? philip: i don't play in that league. there are some fundamentals. still dealing with the developed world that has too much debt. negative demographics. we can't go back 18 years to change that. we still have important disinflation coming from right now even a str

there is no history of the government using marks to speak through private mark holders. and there's no association between the government and the mark itself. >> but doesn't the government have some interest in disassociating itself from racial ethnic slurs? what about the license -- texas license, vanity license plate and they said we won't do one with a confederate flag? >> that was specifically a government speech case. that's not our case here. this is not a government i.d. issued on government property, controlled by the government as to design and content and so on. in fact, it's exactly the opposite. >> you've said several times that the problem is that the government is burdening non-commercial -- the non-commercial aspects of the trademark. but it seems to me that that's an awfully blurry line. a lot of these trademarks promote the commercial aspect in fact by disparaging other groups and they figure that's a way to promote sales. how do you tell the difference between the commercial aspect of the trademark and the non-commercial aspect? >> the commercial aspect

>>mark: 37 ft.ost of the people who died were in the village and other people hospitalized. >>j.r.stone: it in his mug shot you conceive of fresh bruises on his face he was here at a house party in sacramento early friday morning sacramento police said one point he left the party police said they recovered to guns but no one was shot those of the contra costa county sheriff's office would not refer but the man in question was hired last year in the event of the department for less than three months was on probationary status and is now and fired those of the party say his actions were scaring people. >>mark: the sacramento reporter said that he is also part of a blues band has been popular and sacramento for the past six years he's being held in the sacramento county main jail. >>mark: this happened around 9 saturday night near christie ave in just in the bay street and revell shopping center when officers arrived define to people suffering from gunshot wounds there were both taken to hospital there

mark: thank you.ing with $55 a barrel, $53 now following an announcement of kuwait and him on. significantk at how this news is, we are joined by julie only -- julian lee. we have come back out to a decline of 1.3%, any reason? or not? >> start of your exuberance, perhaps. we saw early this morning, a reaction to this announcement thatboth kuwait and iman they were cutting production in january to abide by the agreement towards the end of last year. that created a mood in the market that this deal would stick that there would be output cuts, kuwait was the fourth biggest cut. the downaps has driven lay was the announcement from libya which included for the first time, exports from its biggest oilfield in the west of the country. could the countries that put a hole in this opec deal. it may be this opec deal has in part what is driving this. mark: when do we get a sense of who is abiding by what was agreed? how much longer do we need in timeframe before we get a true sense? >> at least one month and pr

mark: and i am mark barton.is is the european close on bloomberg markets --just under 15 minutes until the end of the friday session. theresa may looking to strengthen trade ties with the u.s.. president donald trump sparring with mexico at the same time. how will geopolitical events impact the market, and where the opportunities for investing? joining us, rod paris from standard life investments. rod, thanks for joining us today. how are you viewing today's meeting between trump and make from an investment standpoin rod: it is an auspicious day and a very important day in the long-term, setting a tone for relationships between the two countries. in terms of the immediate objection -- objective, which is trade, i think it is a lot more complicated. i think you have to remember that while it is critically important to be able to demonstrate that we are able to negotiate different relationships -- different trading relationships with new partners, it is not a substitute for developing the right relationship with e

mark: i am mark barton.nie: i am vonnie quinn. this is "bloomberg markets." business the biggest stories. pandora posted fourth-quarter results that beat estimates thinks to strong ad sales and paid subscribers. the world's largest online radio service cutting 7% of its 2200 employees. another automaker be investigated over vehicle emissions. it is rueaunald. say they have not been told of any investigation. they are not using software to cheat on a missions. the britishash of pound. for two minutes on october 6 sterling fell 6% in 31 years to -- to the lowest level and 31 years. factors ranging from the time of day to the lack of expertise of staff as reasons for the drop. that is your bloomberg business flash. were trade and security top of the agenda as to resubmit a held talks with her new zealand counterpart in downing street. here were the takeaways. theresa may sees scope for a bold new trade agreement with new zealand. she says the trade secretary will visit new zealand. the trade deal with new zeala

mark: i am mark barton. this is "bloomberg markets."wsroom in new york. president-elect donald trump criticized house republicans are moving to weaken the independent ethics watchdog. the caucus voted to put the office under the control of the hot the ethics committee and restrict its authority. on twitter, trump wrote -- with all that congress has to work on, do they really have to make the weakening of the independent ethics watchdog as unfair as it may be the number one act and priority? he suggested they focus on tax reform and health care. meanwhile, top scientists in the u.s. are urging president-elect donald trump not to scrap the iran nuclear deal. they sent a letter, saying the agreement to magically reduced could makeiran nuclear weapons quickly. trump has said his number one priority is to dismantle the deal. turkish media says the manual attack thae nightclub is a 38-year-old from kurdistan. 39 people were killed in the new year's eve shooting. -- drum care gifts this dan -- from kyrgyzstan. it will be the company's first la

mark: i am mark barton. let's get to alisa parenti.e fbi rest of the wife of the orlando nightclub shooter. noor salman is accused of upshot shannon and providing support to omar mateen. -- salman is accused of obstruction and providing support to omar mateen. malaysia, indonesia, and australia and the search for the miss seeing malaysian , whichs flight disappeared in march of 2015. and a volcano is spewing hot sky inof ash high in the indonesia. the volcano had in dormant four centuries before erupting twice the last six years. it is one of 120 active volcanoes in indonesia. global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. i am alisa parenti. this is bloomberg. mark: thanks. u.k. prime minister theresa may laid out her vision on getting great britain out of the e.u. she remains committed to honoring the will of the voters. >> i want to be clear -- what i am proposing cannot mean membership of the single market. european leaders have said many times that membership means accept

mark: thank you.porate executives voicing concerns over brexit negotiations, especially when it comes to the risk to jobs in markets. in testimony before the treasury select committee we heard from top executives at alianza global, hsbc, and the london stock exchange. >> we believe that a stable framework of grandfathering for a limiting time to be determined in advance of course, is likely to strongly support positive outcome for the negotiations because it is clear that massive migration or changes in customer behavior would be no good to anyone and a very complex negotiation and it would reverberate globally. >> detail in the regulations which we would not know about and our lawyers can only get to on day 100. in practice, there will be some sort of agreement that you have to grandfather the status quo until we have completion because these are legal contracts. >> in my view, it would need to be accompanied by a clear indication, a direction of travel and what the best definition is, we are we were

>>mark: they received more than 7 ft. of snow within the last week is in quite a january >>anny h: and i see a little bit of ice at 37 and a constant 32 in their phil ware senate girded up in the north that it for napa and santa rosa 37 in san jose and the huge cast for shows as this is the next system we are watching. >>robin w: it will pick up after the toll plaza of the slow traffic does not stick all the way across the span. >>darya: members of the state water resources say no decision will be made to the board meets next month to this date could slip back into drought after we have all this wet weather. >>mark: they're blocking the road outside of this ride blocking love creek road after getting this a clear water started pouring out of cracks in the mountain and started to turn brown and people who live in the area say it is still moving in that hear the sound of trees cracking and rocks falling from buff. of the damage left behind the national weather service said the tornado had winds and a leased hundred and 11 t

>>mark: in order to 6 ft. should not be charging people an extra for using the overhead bin and the passengers to purchase the new basic fare they will not be able to store a carry-on baggage because if you're using the strip down price and stripped- down services were read other allies will follow suit and one day for all passengers might have to pay an extra if they want to use the overhead bin to store the suitcase that argue the new basic fare are simply await to give passengers a cheaper alternative. >>mark: a man dodges a train that nearly hit him to have been around 340 in the afternoon yesterday at the powell street station and found the man standing on the try the men saw the trend coming his way and roll to the side of the tracks before being head he stayed there until officers arrived of three men dollars fine would be a drop in the bucket that blast in 2010 killed eight people and destroyed 38 homes in san ramon. >>mark: 224 behind bars of the robbery in the shopping mall left one man dead and six

mark: i mark barton. this is bloomberg markets.ewsroom. >> syria statement yesterday 10 people have been killed in a car bombing in a government how is the town. dozens more were wounded. no group immediately claimed responsibility for the bombing. islamic state and other militants are not part of a broad truce the government and opposition agreed on last week. president-elect trump 's picked to be secretary of revealed his cour assets in more than one designations. if the senate confirms tillerson, he will recuse himself for four years . from exxon. keepays the u.s. should sanctions to maintain pressures on countries to take destabilizing action. he says global economic integration leads to better outcomes in isolation and protectionism -- than isolated and protectionism. 's topntagon ste weapons buyer -- president obama backed the program and president-elect donald trump has also signaled his support. global news 24 hours a day powered by more than 2600 journalists in more than 120 countries. this is bloomberg. mark: coming up, t

mark: where can we find that chart? 5535.: mark: that chart is beautiful in its simplicity. high, a low, and a trend line. we have a debutante on battle of the charts. denali, what have you got? most investors that we know have been playing on this ride. jack miller bought here and sold on the u.s. election -- stanley druckenmiller bought here and sold on the u.s. election. there are a lot of investors that road a wild ride, and people expect the price of gold will go right below $1000 this -- this year.me at the same time, a survey of bloomberg economists believe prices will rise more than 13% this year as well, so we will see how the volatility and prospect of rising interest rates affects it. mark: i can see your tv. vonnie: that was a phenomenal performance. mark: who is that from, that message? >> it is not of my business school friends. vonnie: she is in business school. tradition for all debutantes, they always get the crown so congratulations. vonnie: she would have anyway, in fairness, anyway. >> i lost last time. vonnie: we look forward to a rematch. mark: they are

mark: i am mark barton.is the global business report for it the turkish president take steps to greatly expand his powers. we hear from surveys -- turkey's deputy prime minister about why parliament is advancing the move. vonnie: apple supplier foxconn may spend $7 billion to build a factory in the u.s. is president trump influencing the decision? mark: will congressional republicans fight back against resident trumps plan to spend -- president trump's plan to spend on every structure. we talk about the battle of the u.s. deficit. turkey's president is one step away from concentrating his power. hisiament has approved campaign to secure sweeping executive authority, voters have the final decision in april. we spoke with turkey's deputy prime minister on power at the top. >> having state of emergency doesn't help, but there is no too much power at the top. turkey still, despite the occasional issues, is still a democracy. let's face it. had any other country been subjected to the type of shock that turkey has

mark: i'm mark barton.s is the european close on "bloomberg market." 10 minutes until the end of the trading session. moneycknight predicts could double in the next 10 year . on fees iss something that is going to continue. if you think about what is driving it, there are two factors. one, we believe, and we have expressed this for the last couple of years, that for the next decade we will see returns it equities and bonds. mark: he also urged a little but of caution on the future of recent market rallies. >> i think the market has gotten a little bit ahead of itself. if you look at where valuations are in the developed world in particular, u.s. and the rest of the developed world, they are at a high level. over the nexties decade of returns being somewhat lower than their long-term historical average is pretty high. is by no means certain, but it is pretty high. mark: bell mcnabb on bloomberg daybreak: americas earlier today. vonnie: it is time for our latest bloomberg business flash. a look at some of the

mark: thank you very much.britishng news airways commenting on expectations ahead of an expected strike this week saying it will fly all customers during the planned strike, saying it saving it will merge a number of flights from heathrow airport. british airlines owned by iag. .&a off to a big start helped by a major i wear deal. this is bloomberg. ♪ mark: live from london, i'm mark barton and this is the european close. time for the bloomberg is this flash. facebook taking steps to deal with news and germany. the social network will work to post fake news warnings. angela merkel's government says it will fine companies like facebook and twitter if they'd don't fight fake news and hate speech. saudi arabia sees no need to extend the opec production cuts deal beyond six months according to the countries energy minister. the oil markets should be rebalanced by the end of the first half of the year. concerned ending the cuts to soon could leave the oil of clearing the global glut unfinished. homeowners in london

mark: josh, focus on the positive.arack obama handing off to donald trump in manufacturing and jobs that he can build on where there is some sense of either progress, or foundation? josh: obama and company will point out that under their watch, we have had the longest stretch of continual month over month job growth in a long time. of course, that is compared to losing a lot of jobs before that. they will point to changes in the benefits and compensation changesple get, despite that have been made at the federal and state level. that doesn't mitigate that much, the fact that there has not been a great deal of wage growth in the past several years, were in the past few decades, compared to overall growth of the economy. john: josh, let me ask you, you cover labor and i am curious, how the notion of a corporate ceo taking over the labor department, a department that is supposed to be representative of that iss workers, usually where you put a liberal. we now have a corporate ceo, mr. puzder. what does that mean for the f

mark: from trump to brexit. what are the main risks for investors? fordham.peak with tina and angela merkel says germany is not trying to influence european central bank policy. advisores after a trump calls germany of undervaluing the euro. today.appening 30 minutes into the trading day. the latest.has let's look at health care. julie: let's look at health care as trump meets with health ceos. drug shares are moving higher but not by much. 1%.third of there is a relief that it was not more, not yet, of an acrimonious meeting even as trump talks about bringing drug racing down. he also talked about bringing down drug regulation and thus far it looks like a friendly meeting so we will continue to monitor that. we are still seeing declines here for the fourth straight day with the major averages. the s&p has lost 1% over that amount of time. said, even as we see the pullback, we are also looking at volatility for the major averages as well as for bonds. an interesting average we can look at t

and they'll jump it up. >> mark: it's a smart play.guys we see grab and try to foul -- no. they are anticipating you fouling. go for the steal. disrupt them. and great hands by lebron james, getting involved. great trap. you don't foul him. look what i found. now, you have a chance to win a jump ball and have possession. >> jeff: more and more teams are doing a better job late-game of not just giving the foul, but trying to create a turnover first. >> mike: james looking to go back. has the height advantage, barely. ball tipped up, kevin love tried to get it, comes -- >> mark: great job by kawhi leonard. the big-time finnish transition, off the hustle of kevin love. >> mike: love knocked into our audio. a whistle and a foul. time-out called by san antonio. 118-115, with 1.8. the spurs on the verge of another fantastic road win. >> jeff: well, good hustle on the loose ball. love saves it back in, to leonard, and leonard, instead of waiting to be fouled, attacks the rim and finishes with the dunk. smart play by leonard, tristan thompson

>> as far as i knew, mark's life was great. >> charles alexander is mark's close buddy, and the drummerthe band. >> he was always happy with the kids. he was always happy with his wife. he loved him. he loved his family. it was just a great family. >> while things aren't great for everyone, see, diane isn't just praying in church, she's paying the bills at home. okay, mark picks up an occasional shift bartending, but diane, a nurse, is the breadwinner. >> she seemed to be stable, ended up supporting him, he was the househusband, stayed at home with the children. >> and if mark was a laid back mr. mom, the actual mom of the house was civil, if a bit standoffish. was diane friendly, warm? >> she was friendly to the point that i can tolerate you being in my driveway. >> as the years wear on, life just keeps hee s heaping more w on diane's slight shoulders. support eing her family and dealing with challenges. shawn has autism. oldest daughter sarah, a college grad, is still at home with no job and a mountain of student debt. but inside that paige street pressure cooker, diane's beloved chil

we have not only a leader but a huge department what is is a one and 20 people jeff that make their mark by joining me and the board of supervisors and other elected officials to say everybody that we touch we're no longer treating homelessness but end homelessness for them it is not about touching that is about a list of low month ever disciplined approach to ending homelessness we're not foolish enough to say we'll end owl homelessness but smart enough to say weasel do it better so i will want to tell you that a few years ago compassion hats always been the leading emotion we have on that issue while we can't do it on emotion you have to feel in the city a compassion for each and everyone if we don't care for each other the issue of homeless will not be touched or resolved for anybody well, i had in my myth someone who was willing to share her tears and her compassion about that be issue directly with me and you know lynn had that compassion years ago not only for reading it but from seeing homeless mothers in a shelter and saying to herself and to everybody around her and mark and ult

>>mark:.aking a measure of the rain fall out there come down as zero the river up near st. helena we have 16 ft. flood stage 1049 no real threat of in it and flooding that is not the case for the russian river flood stage is 32, and observation as a writer ron 32.8 the forecast calls for the levels to get up to 37 ft. it is going to be some of the sporadic shower activity we may catch today off the screen we have another one heading in this direction is pretty strong but a nice rainmaker flooding is expected there was a coastal flood advisory/ >>james: that a strong enough to bring down trees which could cause damage and power outages. yoli aceves: it is still closed because this incident is still under investigation that happens is right before midnight when chp thought a row going to a collision or some type of accident they're still continuing the investigation they thought they will be opened around 7 it may be able to open this on ramp around 730. >>mark: of the gunman is still loose. >>a

i am mark barton. welcome to "bloomberg markets." ♪ vonnie: we will take you from philadelphia to london and cover stories of paris, hong kong and wall street. here are the top stories on the bloomberg and around the world. billion pharma30 deal, johnson & johnson agrees to buy and take over the r&d operations. deals, ahead. mark: lawmakers have two weeks billbate the short brexit introduced today as the government looks to limit the possibility of amendments by the opposition. the u.s., a delicate dance for theresa may as she begins a two-day visit to meet with president trump entree talks. live in philadelphia, where she will engage congressional republicans at a policy retreat. minutes into the trading day in the u.s. and abigail doolittle has the latest, including the deals. rally,: after a two-day very small games for major averages. the dow and nasdaq trading ever fluctuatinghe day, between small gains and losses but it means we look at a new round of record highs. this after the dow carved out d

>>mark: yes to that they're trying to inch back closer to 20,000 mark the dowson and 19,00920. date. i can stay. i'm good. i won't be late hey mom. yeah. no kissing on the first date, alright? life doesn't always stick to a plan, but with our investment expertise we'll help you handle what's next. financial guidance while you're mastering life. from chase. so you can. for your health... >>mark: we have some tips that can help you proper nutrition and hydration to make it much easier new shikar as before you exercise your would be an impostor or peanut butter can improve endurance and performance if you're having a large male average three to four hours eating too much before you exercise can make you sluggish we have live team coverage right after the break. after the break. i tried hard to quit smoking. but when we brought our daughter home, after the break. that was it. now i have nicoderm cq. the nicoderm cq patch with unique extended release technology helps prevent your urge to smoke all day. it's the best thing that ever happened to me. every great why needs a great how.

mark? mark: i feel like the ultimate party pooper.ne minute, we are talking about dow jones 20,000, stoxx 600 366.53, not quite the same ring. i will do my best to engender the enthusiasm. there is some because it is up 1.3%, big game, biggest gain since december 8. sorry, most since december 8, highest since december 30. interesting to see them rising today, index up to 1.7%. gaining as donald trump prepares to announce plans for the border war with mexico. wereesort stocks declining. little change right now, dipping after rising to the highest in 2.5 years yesterday since falling to a 13 year low last january. the games are up to 130%. the ftse at 7337, a bit more collider us. i could see ftse 10,000. i will not save one but there is not much clamor in the marketplace today. cheers up today more than 5%. most since december 8. biggest lender reporting fourth-quarter earnings that beat goldman sachs. she expects growth in all of its 2017, logitech, what a move, maker of computer mice, shares up i-19 percent. biggest gain since 2001.

mark: and i am mark barton. close.""pean at the point of dropping below eight feet psychological level. we have more from hong kong. >> their stockpile felt by billion dollars. it is down 323 billion this year. drop was in line with forecasts, but they are still down to a fresh, five-year low. in june 2014, the reserves had topped off at nearly $4 trillion. they have now fallen for 10, consecutive quarters. economist said that falling below $3 trillion will not adequate -- will not really affect the reserve adequacy, but it might have a psychological effect that will induce more market pressures. it has weakened 17% in 2016. it has profited authorities to re-introduce capital control. mark: taking a look at where the markets are trading as we approach the close -- the close is just minutes away. this is bloomberg. ♪ ♪ mark: live from london and new york, this is the european close. stocks finishing the session lower today. there isn't much appetite for risk today. technology gains, banks, oil, real estate, insurers, decl

mark: u.s.-elect trump off his promise revise the coal industry. -- revive the coal industry. vonnie: chairman of mmc group, which is redeveloping two resorts owned by u.s. president elect donald trump. a disney like theme park that will also bear the trunk name. trump name. he says he is to new ventures and doesn't think trump being president will impact the relationship. >> it is not a big issue. except from the logistics partner. mark: the parents of the popular snapchat messaging app made international headquarters. snapchat says it will pay british taxes in some overseas markets. they have been preparing for an ipo. attempted to lure the this this is. bill gross says it would be a bigger deal for 10 year treasuries to move up above 10.6% that it would be for the dow to past 50,000. sales in china rose for the fast pace in three years. , suv's andcars multipurpose vehicles. a 60% gain from the previous year. chinese shoppers to event of a tax cut. vonnie: timeout for the quick take, where we

mark: well done.oomberg markets" continues. ♪ vonnie: it is noon in new york and 1:00 a.m. in hong kong. david: i and david gura. welcome to "bloomberg markets." ♪ david: from bloomberg world headquarters in new york, we will take you from mexico city to washington and london in the next hour. here are top stories we're following this afternoon. the dow jones industrial average climbed past 20,000 for the first time. stocks around the world extend the rally. interview with the cio that will center on global market risks under the new administration. in politics, president donald trump plans to act on two of the most fundamental and controversial elements of his presence will campaign, building a wall on the border with mexico and tightening immigration policy. us now doolittle joins with a look at the markets post doubw 20,000. abigail: the dow is above 20,000

mark: neil jones.ing up, white house press spicer saying president trump will be doing it is conference tomorrow with prime minister theresa may. deseret news conference tomorrow with prime minister theresa may. president trump will be doing a news conference tomorrow with prime minister theresa may. this is bloomberg. ♪ mark: this is the european close on "bloomberg markets." the french presidential campaign has had its first major scandal. prosecutors opening a probe into front runner -- the front runner. accusing her of earning a six-figure salary over multiple years without actually doing any work. hurt histhis going to presidential ambitions? mark: it is definitely going to hurt them. it has already hurt them. how much damage will it really do? this is serious damage but not fatal. we are essentially at the beginning of the big public campaign now. have been interested in this campaign since donald trump got elected in november. the public is just waking up to it now. for francois,m who has pitche

mark: i'm mark barton.er 10 minutes until the end of the friday session in the european markets. let's turn to gold, which saw its biggest quarterly drop in two years at the end of 2016. traders turned bullish after that dismal year. it is headed for its best performance of april of that year. -- since april of that year. , analysts,ders turning the most bullish in a year on gold? eddie: i know. it is quite a turnaround. we have come up a big drop in gold prices. we have been getting survey after survey of bullish calls on gold. i think there are a lot of fromion marks left over 2016. brexit happened. we will have elections in a lot of europe this year, germany, and so on. donaldalso waiting for trump to be inaugurated. people don't know what that means. it is not necessarily that trump will be negative for the economy in some way, just people don't know, does he want a weaker dollar? with that the positive for growth in the u.s.? his budget? advisor -- people just don't know. it is that uncertainty. gold l

mark? mark: let's check out the european markets. there i am. there you go. 90 minutes away from the tuesday session. stocks, little change from the supreme court ruling 9:30 london time. theresa may has received the backing of parliament for two triggers article 50. articlee she triggers 50. there will be no need to get backing from regional assemblies. that is a big relief for prime minister may. bull members be tabled? without delay the triggering of article 50 by the end of march? this is the british pound index. bloomberg british pound index, a gauge of the pound against its major peers, against a basket of other currencies. thiswe rose, up, down, slightly lower. the concern is today's ruling isn't going to put a brake on brexit. maye at worst for theresa article 50 will not be able be triggered by the end of march. that is the worst-case scenario. sterling is falling today was to .rexit will go ahead that seems to be playing out in other markets as well. ftse. this is 9:30. sterling declines and more -- small cap in the ftse 250 and ftse 1

>>mark: remained at three minutes until midnight for the past two years marking the close of the warriors bounce back from their last loss but they have to work to come from behind we will have highlights coming up. >>darya: miss st. the crime was more important the eastbound lanes of highway 37 reopening. >>rebecca: because of this system hyacinth advisor has been issued for our coastal areas planning the day to lead the good news is we're going to have the drug gradual clearing we're very evenly it express what the of the fifties across the bay area today 57 for oakland we're looking at 57 for san jose they might have midweek meeting the umbrella especially on wednesday. >>robin w: living hey what is have we think we need a bigger bridge to accommodate this commute traffic leave early it is very slow to six minutes from hayward over to san mateo hear the drive times 24 with that crashed 16 minutes in a growing out of wall creek. >>mark: in constant 82 span recall using the computers which is on the battering of the battery included the recall where you see the screen located in the back

mark: the u.k.ecision to leave the eu will lead to dramatic changes in the way the british economy operates, according to the chairman and chief investment officer of terra firma capital partners, who sat down with an exclusive interview with guy johnson, and was asked about theresa may's intentions in break the negotiations, especially in regards to trade. >> she is trying to effectively have her cake and eat it, and you can't. if you want to compete outside of europe, outside of that tariff barrier, you're going to have to be very competitive. >> singapore is all right. >> singapore doesn't have the same levels of social security and the same support for people. singapore -- the average n has 1.5 years. >> wages do what? >> and standards go down until we reach a point where we can be competitive. >> how far away is that? >> probably about 30%. that's not going to happen quickly, it will happen gradually. >> we should talk about the fact that though britain didn't leave the eu, it wasn't able to be

>>mark: the massive tree the roots of the 70 ft.ee and repair the damage to gas line despite all the recent rain. it's beautiful. was it a hard place to get to? (laughs) it wasn't too bad. with the chase mobile app, jimmy chin can master depositing his hard earned checks in a snap. easy to use chase technology for whatever you're trying to master. customer service!d. ma'am. this isn't a computer... wait. you're real? with discover card, you can talk to a real person in the u.s., like me, anytime. wow. this is a recording. really? no, i'm kidding. 100% u.s.-based customer service. here to help, not to sell. >>robin w: >>mark: kick off the flight from forward to your the more on the way we have a great weekend. didn't recognize our grandson. (woman 2 vo) that's when moderate alzheimer's made me a caregiver. (avo) if their alzheimer's is getting worse, ask about once-a-day namzaric. namzaric is approved for moderate to severe alzheimer's disease in patients who are taking donepezil. it may improve cognition and overall function, and ma

mark: a lot of americans want better border security.ohn: a lot of americans want comprehensive immigration reform. did not get obama enough credit for not letting employers get away with it. hireu let employers illegal people, that is the magnet. barack obama did not get enough credit. he would do, rent to reform if he can build a bipartisan commission. john: this is one of the things ugly during the campaign that could get ugly now regardless. donald trump likely to drop another fiscal bomb when it and the g money bestary, promising the equipment known to mankind, updating the nations weapons arsenal and expanding the army and marine corps. enterprisen institute estimates the plans for the pentagon would cost $100 billion for the next four years, and on the other side of the ledger, trump has suggested the u.s. should decrease its footprint in conflict zones around the world, and tweeted about reining in defense contracts and projects that have become too bloated. case in point, a washington post story uncovered an internal pentagon st

mark: the u.s.ear to be getting an improved competitive advantage from the policies of the new government in north america. in europe, you've got the double headwind of needing to retain earnings to boost capital, not being able to extend credit into the real economy, weak economic growth, and a difficult outlook for profits more broadly. if you compare that with north america, much better capitalized growth is clearly much greater. it looks to be a much better environment. regulation appears to be looser in north america. francine: thank you so much for all your time this morning. what a great way to start the year. mark burgess from columbia threadneedle. "bloomberg surveillance" continues in the next hour. tom keene joins me out of new york. we will kick off the conversation with jeremy stretch and christian schulz. we will be talking more about political risk, about where they see euro going, where they see dollar going, the reflation of trumponomics, and steven mnuchin. this is bloomberg. ♪ . i

mark: i'm mark barton. brazilian stocks have rallied in the last year.ebound in the real economy has been more elusive. for more on the current climate in brazil, let's hand things back to erik schatzker in davos. managingh jenkins, partner at btg. it's been ages since we saw each other last. great to see you. let's talk about where this company has -- it has been a wild ride. what is btg going to be known for going forward? hugh: i think we've always been and always will be a latin american power. be aly we seem to partnership and i think part of -- reason we went through maybe it was not a near-death experience that we clearly went through an amazing external shock and i think some people are surprised that we were robust enough to get through it. the things that you take away from that, the fact that the partnership is a robust model for running a risk-taking investment bank. erik: not many of those left. huw: we think it is the right business.un our bes we were able to do everything that we needed to do in terms of managing our balance sheet. maintai

>>mark: we're expecting very heavy rain sunday morning.udents in bakersfield say they were attacked by police officers during an arrest.[take vo] >>james: they restored by police officers last month the officers began to ask them a series of questions and never told why they were being arrested and out their return by the ones to receive stitches on the inside of his mouth the back of his leg and several bruises on his diet they got involved of the to to release the video the two or arrested for traffic safety infractions. >>rebecca: of course the temperatures in the 20's and '30's here are the chilly temperatures we been chatting about 31 degrees for fairfield freezing in concord today the good news is going to be driving because of downed power lines and trees loss of debris on the roadway anywhere from 2 to 4 in. expected for nine for some of the hills the high you can see temperatures a little bit warmer from these past storms this last week anywhere from the mid to upper fifties. >>robin w: trains are still behind schedule up to 20 mi

>>mark: he slid 300 ft. they say they're not sure the rose what state of emergency declared in benicia this last set of storms have really hit the city hard not and downed trees and triggering flooding. sot]çááásot fulláááÑçááádaryaáááÑ [take: cont vo]çááácont voáááÑ the state of emergency will be in effect until at least tuesday, when the city council meets. çááámarkáááÑ[take: on cam] çáááon camáááÑ there will soon be more cameras along freeways in the east bay.[take vo]çááávoáááÑ three new cameras will soon be pointed at interstate 80 near san pablo. this comes after a number of shootings on the freeway dating all the way back to 2015. the new cameras will be installed near san pablo damn

>>mark: to set the 25th annual dr. said she stopped here is video of yesterday's program which included the speakers from the freedom center the congress on explains why she will not be attending on friday. >>: i chose not to celebrate the inauguration i agree with the people to respect office of the presidency dogtrot will be the elected president but when you look at the camp and the divisiveness and the bigotry nothing has changed is the campaign i don't think it is something i need to do in terms of celebrating his. >>mark: she would not attend the inauguration when she will attend instead of the union she believes her decision to miss inauguration is in step with the legacy of dr. king. >>darya: tappan now popular baby toys making headlines after some parents support same mold inside of it. >>anny h: is a very popular we have three it is the toy known as a robbery draft and it is uncommon gift from the baby's a paresis she smelled something must be come from the tollway she cut it open and found mold inside the th

>>mark: they have the money to pay him they did not have the money to hire good court nader's >>mark:from infancy to adolescence and it does serve as a baby monitor and help older kids with their homework it includes a few games and other forms of entertainment. >>mark: star wars continue to dominate the box office top in the box office for four straight week turning $24 million it debuted a wide release headed figures with 21 million the animated animal musical coming in third on the world bloodworms and for law by la land our next newscast a 5:00 this evening stay connected with us all day with our mobile application our web site facebook and twitter dr. phil is coming up next. www.kron4.com (man vo) it was may, when dad forgot how to brush his teeth. (woman vo) in march, my husband didn't recognize our grandson. (woman 2 vo) that's when moderate alzheimer's made me a caregiver. (avo) if their alzheimer's is getting worse, ask about once-a-day namzaric. namzaric is approved for moderate to severe alzheimer's disease in patients who are taking donepezil. it may improve cognition and

20,000 mark to live look from 2 to tie our high hoff.logs are buzzing about the designer smile... ...by colgate optic white high impact white toothpaste. with a professionally recommended whitening ingredient. for four shades visibly whiter teeth. the designer smile... ...by colgate optic white high impact white. wecage-free eggs.ng and we care about amazing taste. because at best foods, we're on the side of food. >>mark: opening statements expected of a man accused of killing sierra people around the nation protest in donald trump's troubled and hear how he is the sending them this morning the nba is confused about the travel ban in halifax foreign players. >>> i will have all the details in a live report. >>> this is the bay area's news station. kron4 news at 7:00 starts now. >>> good morning. happy monday to you. >> it's the 30th of january. watching weather and traffic. a big problem on the nimitz today. >> a crash northbound and incidents southbound. the northbound incident is a stalled big rig. it's been out here for almost two hou

mark: and i am mark barton in london. has raised concern about the deal. she is the competition commissioner. she has famously targeted apple last year and facebook last month. best david gura -- david gura is in london with an exclusive interview. david: let me ask you first about the dupont merger considering all this divergence in the agrochemical space. what needs to happen to ensure continued competition in the agrochemical space? >> as you say, it is a very concentrated sector already. what we are looking at is the very obvious. farmers need to still have choice. they need to have choice of see ds and products to help them fight worms or fungus or whatever is challenging their crops. these are the things we are looking at. merger ise of the still very open. we had -- have the hearing just today. prized thesaid you investigation. what have you learned in the past couple of months? all, even though these companies are in a similar or overlapping markets, the mergers are different in their nature in terms of what marke

>>mark:.g and the high today will be in a couple for these low fifties a live look outside absolutely beautiful you could see overlooking downtown san francisco more details when the news at 9:00 start in about 15 minutes. >>mark: 31 wins and five losses they're the only team in the history to win 30 of the first 35 games in three consecutive seasons. >>mark: for tomorrow's kickoff at 135 our time they're looking for the first playoff win since 2002. it will be right back on the kron 4 morning news continues. çbreakÑ >>mark: the major problems with bart system by delays and all directions a disabled train in west oakland. over 1,000,000 californians have gotten something that's been out of reach for far too long: health insurance. how? they enrolled through covered california. it's the health insurance marketplace where you'll find a range of plans from leading health insurance companies that offer you the best combination of quality, rates, and benefits. and, through covered california, you m

mark: the trump children being announced. this uniquely american tableau every four years on the west front of the capital. politicians from both parties joining together. there has been as much divisiveness in the run-up to this ceremony as we have seen in modern american times with several dozen democratic members of the house of representatives choosing to boycott the event. the country's leading democrats are front and center. the obama's, the clintons, the carters joining president bush, vice president cheney, bush 41 the only living president not present. he is in the hospital in houston. our thoughts and prayers are with him and his family. leading of america's political class are here. the new first family, the trumps. there is jared kushner in the dark jacket. he will not just be the son-in-law to the president but a top advisor. this is a close-knit family. you can bet although they are supposedly separating the trump is this empire and the trump presidency that the adult children and donald trump be front and cente

mark: the u.k. has some comments onbeginning the debate article 50 which would give prime minister theresa may the authority to trigger the brexit process. guest: this bill was designed to avoid as many to amendments as possible and make the process quicker for theresa may's government. firstoined by the former minister of scotland, also a u.k. lawmaker and one of the lawmakers that plans to vote against this bill. we understand it is unlikely parliament is going to block this bill, however the s&p has put forward 50 amendments. what are your priorities? to say weority is think a mistake has been made in terms of the u.k. moving out. but if that is not possible, then at least stay in the single marketplace because of the economic fallout. and if not because of that, let scotland stay with a single marketplace, even if we keep the united kingdom. that would be the right thing to do. if the premise or is not prepared to do any of these things or accept any of these, my sister or listen to the scottish