melinda french gates says she is leaving the charity foundation which she established with her ex—husbandn — but did confirm that in leaving, she will have an additional $12.5 billion to commit to her work on behalf of women and families. the foundation has already spent nearly 5a billion dollars working to tackle child poverty and preventable diseases since it was set up more than two decades ago. teddy schleifer is reporter for pucknews who specialises in silicon valley billionaires and their impact on the world. he gave me his analysis of the move. well, for the last three years, the gates foundation has been hounded by questions about whether or not this was going to happen. we know that as part of their divorce, a factor driving melinda away from the foundation and away from her husband was his husband's ties to jeffrey epstein. there's been much reporting since the since epstein left this earth that bill gates himself carried on quite extensive relationship with jeffrey epstein. with jeffrey epstein well after epstein was first convicted of a crime and that bothered melinda gates, w

ym. know, i reported that melinda gates —— melinda french gates is increasingly interested in partisanen acknowledges that she was to get more involved in protecting women's rights here in the united states. i think that is one interesting direction she could go in with this new $13 billion war chest, and it is is one that bill has long resisted and a couple long resisted when they were a couple. now that she has a manager spend, were a couple. now that she has a managerspend, i were a couple. now that she has a manager spend, i think that is a direction that i am very interested to see if she takes up. stand direction that i am very interested to see if she takes up.— to see if she takes up. and what about the charitable _ to see if she takes up. and what about the charitable work - to see if she takes up. and what about the charitable work she i to see if she takes up. and what i about the charitable work she does and what will happen to the gates foundation? tsine and what will happen to the gates foundation?— and what will happen to the gates foundation? , ., foundation? one thing

. >>> philanthropist melinda french gates is letting the world know where she will be spending her moneyen and families around the world. jamie yuccas spoke with some of the people who will benefit from this life-changing money. >>> $1 billion is a game changer. >> reporter: the goal is to advance the power of women, and melinda french gates is putting a $1 billion gift toward the cause. a longtime advocate for reproductive rights globally, she's now focused on a post dobbs america which includes helping the organization that represented the clinic in the landmark case. is this a political statement? >> it's a statement about the importance of investing in gender equality. >> reporter: in an essay, french gates writes, "about 2% of charitable giving in the u.s. goes to organizations focused on women and girls. when we allow to cause to go chronically underfunded we all pay the cost." is there a lesson that when women support other women stuff gets done ? >> yes, yes. >> yes. >> reporter: two years ago we sat down with her and an advocate for domestic caregivers also sharing this new gift

not to a historic billion-dollar pledge from philanthropist melinda french gates, focusing on women andround the world, and reproductive rights here in the u.s. gates said decades are research shows shows investing in women and girls helps everyone. and her granddaughter maeve grow up with fewer rights than she has. >> $1 billion is a game changer. >> reporter: the goal is to advance the power of women. and melinda french gates is putting a billion dollars gift towards the cause. a longtime advocate for reproductive rights globally, she is now focused on a post-op america which includes helping organization that represented the clinic in the case. >> is this a political statement? >> it's a statement about the importance of investing in gender equality. >> reporter: kinetic essay, french gates reports 2% of turtle living in the u.s. goes to women and girls. adding when we allow this cause to go so chronically underfunded, we all paid the cost. >> is there something that says that that when women support other women, stuff gets done? >> yes, yes, yes. >> reporter: two years ago we sat wi

now i can help again feel the difference with nervive. >>> billionaire philanthropist melinda french gatesand melinda gates foundation. first stop, a $1 billion donation to support reproductive rights around the world. jamie yuccas has more. >> $1 billion is a game-changer. >> reporter: the goal is to advance the power of women, and melinda french gates is putting a billion dollar gift towards the cause. a longtime advocate for reproductive rights globally, she's now focused on a post-dobbs america, which includes helping the organization that represented the clinic in the landmark case. >> is this a political statement? >> it's a statement about the importance of investing in gender equality. >> reporter: in an essay, french gates writes, about 2% of charitable giving in the u.s. goes to organizations focused on women and girls, adding, when we allow this cause to go so chronically underfunded, we all pay the cost. >> is there a lesson here too that when women support other women, stuff gets done? >> yes, yes. >> yes. >> reporter: two years ago, we sat down with her and ai-jen poo, an adv

billionaire philanthropist melinda french gates has said she will resign as a co—chair of the bill & founded with her then husband bill gates. her last day of work will be 7june. "this is not a decision i came to lightly," ms gates wrote the gates foundation is one of the most powerful groups in public health, with an endowment of more than $75 billion as of december. dubai—based airline emirates has posted record profits for the second year in a row. it made more than $5 billion in the last financial year, up 71% from the previous year. emirates says it has made profits of over $8 billion over the last two years, wiping out losses seen during the pandemic. india has crossed the halfway mark of its two—month long election, and in the next phase of polling, the politically sensitive city of ayodhya will be voting. the bbc�*s arunoday mukharji reports. ayodhya, where the devout descend to meet the divine. believed to be the birthplace of hindu god ram, it is also where faith, politics and business converge. earlier this year, the bjp delivered on its decades—old promise, by building a

now to a historic billion-dollar pledge from philanthropists melinda french gates, focusing on women s around the world including on reproductive rights right here in the u.s. gates said decades of research shows investing in women and girls helps everyone. and she is concerned her 1-year-old granddaughter may grow up with fewer rights than she has had. here's cbs's jamie yuccas. >> $1 billion is a game changer. >> reporter: the goal is to advance the power of women to look at women, and melinda french gates is putting a billion-dollar gift towards the cause. a longtime advocate for reproductive rights globally is focused on post-dobbs america, which includes helping the organization that represented the clinic in the landmark case. is this a political statement? >> it's a statement about the importance of investing in gender equality. >> reporter: in an essay, french gates writes "about 2% of charitable giving in the u.s. goes to organizations focused on women and girls." adding, "when we allow this cause to go so chronically underfunded, we all pay the cost." is there a lesson when

now melinda french gates will move forward with what she calls the next chapter of her philanthropy. oundation is june 7th. as for what she plans to do with that $12.5 billion, she says she'll share more about that in she creatd pivotal ventures for advancing opportunities for women and minorities here in the the near future. she did create a initiative in 2015 called pivotal ventures which focuses on advancing opportunities for women and minorities here in the u.s. we'll have to see if that has something to do with this new money. >> certainly wish her the best. thank you, joe. >>> coming up u, a very personal announcement from our friend kristen welker and her husband john. they'll be here with some news that will be sure to bring some happy tears. >>> plus, it's an exciting day for basketball fans. caitlin clark set to make her season debut in the wnba. nbc's stephanie gosk is right there. hey, steph. >> reporter: hey, hoda, good morning. one of the best ways to gauge excitement is ticket sales. this arena in connecticut holds about 8,500 seats. how many tickets did they sell? all

it was companies like microsoft, mastercard, foundations, melinda french gates was one of the earliestcontribute as much as $10 million for the women, the digital inclusion focused on women, the ford foundation. essentially, this is how it all happened. the simplified version. i got on the phone and called a bunch of people. i called to say, i know that you have some interest based on the work you have done before. can we collaborate? in a focused way that develops some energy around a public/private partnership? the foundation for the work being digital inclusion, understanding all business at this point is technology business and any business, in economy -- an economy that is going to grow, much less be sustainable between now and the future, must integrate, adapt, and adopt technology. in an institutional way. this includes, as you have described, mr. president, your mother. it must be the people, not just the governments and corporations, that understand how technology works. another piece of the focus was something i have long believed. if we are focused on strengthening economies

melinda french gates to donate $1 billion. bob dylan rare painting sold at auction or do eating peanuts at an early age prevent allergy? we'll a tran to californians are moving out at a higher rate than other states. the moving company pods analyzed its customers moving data to find out where people are leaving and way where they are going. so let's go ahead and take a look here. and for a third year in a row, los angeles and san francisco are topping their list for people moving out. this is followed by miami long island, as well as austin, texas. california has the most number of cities in the top 20, probably thanks to the cost of living out here, which is around 50 times higher than the national average. so you're probably wondering, now where are people going? the carolinas, two of the most moved to states in 2024. pod says that more people are skipping on florida and texas for the southern appalachian region, including georgia, tennessee and the carolinas, as. by the way, you can get weekly updates on our housing crisis

. >> melinda french gates is stepping down from her role at the bill and melinda gates foundation. ench gates making this announcement on x today saying she was immensely proud of the foundation's work which she formed with her ex-husband nearly a quarter of a century ago. gates is leaving with 12 and a half billion dollars and personal resources to be used towards her philanthropic work which focuses on women's rights and gender equality. her last day will be june 7th. in a post on x musk. 8 said in part, this is not a decision i came to lightly. i am immensely proud of the foundation that bill and i put together and the extraordinary work it is doing to address inequalities around the world. a live look outside looking here at mount diablo already starting to look. a blue skies. yeah, i don't want to that's right. the lower out here. but like it's already starting to look a little crispy, you know, like that used to be like, really bright green because of all the rain an hour making that turn christine know that switches me now to go look, and i know that already, right? a little

making the news this tuesday, melinda french gates is resigning from her role as cochair of the bill melinda gates foundation. in a post on x, she announced she is ready to move to the next chapter of her philanthropy work. she will depart with an additional $2.5 billion she has pledged to commit to her work on behalf of women and families. anglo american rejected a second takeover approach from a rival minor, bhp. they valued anglo at $43 billion. bhp is seeking to buy anglo for south american copper assets. bloomberg learned four parties in talks to form the next dutch government planned to cancel a 15% tax on share buybacks. the netherlands introduced the tax last year on share buybacks which is scheduled to come into effect in 2025, and it signaled -- trigger day cellophane shares when it was approved by the dutch parliament. a former ubs risk manager has slammed archegos capital management for what he called lives, taking the stand on the trial of the archegos founder. he described the debate over archegos as a client at ubs and how the office deceived the bank about investments

earlier this month, french gates announced she would step down from the bill and melinda gates foundation. she vowed to focus on organizations that help women and families. she said she was motivated to make the donation, in part because of the racial gap in mortality rates for women. kicked out of their home with nowhere to go up next, the seniors who plan to make their voices heard later today after the power was shut off to their senior living apartment complex, may be older, but we're not stupid. >> a that's ow e're treat says. under the proposed taxpayer protection act, any city or state tax increase would require support from two thirds of voters for approval. its backers say they want to stop government overspending, but the governor argues the proposition keeps the government from providing important services. he's asked the state supreme court to kill the proposition before it goes on the ballot. >> two thirds is a very, very difficult number for any community to be able to achieve this measure constitutes an unlawful revision so that it can't appear on the ballot. >> the state s

gates french has made in the past five years. earlier this month, french gates announced that she'd stepped down from the bill and melinda gates foundation to focus on women and families. one dj is pumping up fans and players at san francisco giants games and breaking barriers at the same time. dj umami is the san francisco giants resident dj. a proud filipino american ktvu amber lee gives us a close look at her story and the challenges that she's overcome. >> are you a sucker? i'll let you know. >> boy oh boy. >> gianna cruz, stage name dj umami, brings flavor, excitement and energy to oracle park, the home of the giants. >> a lot of times i feel like i need to pinch myself because i'm like, what? how did we get here? >> cruz works right on the field for pregame shows and batting practice. at the request of players. but she says her journey as a female dj in what has been primarily a male dominated industry was difficult . >> it was definitely a struggle. there were like some deejays that i looked up to that made it hard for me to be in the same spaces as them. >> fans say they're excited to see cruz behind the turntables. usually djs a

melinda gates foundation after nearly 24 years. she says her last day as co-chair of the foundation will be june 7th. french an easy decision, and she will continue her philanthropic efforts for women and girls. actor steve buscemi is said to be doing okay tonight, after he was apparently attacked at random in new york city. police say the 66 year old buscemi was punched in the face by a man who then ran away. he suffered swelling to his face and left eye and was treated at the hospital, his publicist say he is recovering. there have been other reports of people being randomly punched in the face while walking in new york city, a vigilante group in los angeles targeting squatters who move into unattended homes. >> fox's gina silva explains why these men wanted to take matters into their own hands, and why their attempts to address the problem don't always work out. >> we're coming in, you guys. we're coming in. are you on the lease? yeah. you know, you're not on the lease. this isn't your property. you don't play. they call themselves the squatter squad. >> and on this day in los angeles, we have unlawful o

the terrible campaign was founded in 2010 by bill gates, melinda, french gates and warren buffett to help tackle urgent problems. according to forbes, altman has accumulated 1 billion dollars through investments. altman says he wants to focus on giving, quote technology that helps create abundance for people, end quote. >> as the bay area waits for our giant pandas, dc is getting theirs back. the national zoo just announced this morning they're getting to giant pandas from china by the new year. the zoo in dc has had pandas for 5 decades before they had to send it back china about a year and a half ago. meantime, san francisco is trying to raise money to ready the francisco zoo for the pandas that china could send as early as this summer. they sure are cute. >> kron 4 is your local election headquarters in climate policy director, i trego. >> is leading the race for berkeley city council district 4. he has 31% of the vote voting in the special election ended last night. 100% of the precincts reporting. now the other 3 candidates include elaine auerbach solely out bird and ruben herna

. >> melinda french gates is stepping down from the bill and melinda gates foundation.and her ex-husband bill gates founded that nonprofit 20 years ago with the goal of improving health care and equities across the world. they've turned it into the second largest charitable foundation in the world. ceo mark suzman says french gates will now focus on her next chapter of philanthropy, particularly strengthening women's rights. her last day at the foundation is june 7th. the organization will now change its name to the gates foundation, coming up at 530. >> google's i o conference kicks off from mountain view today, but a planned protest this morning is threatening to shut down its flagship event right now. >> this live look outside at 526. >> this is abc 724 seven. >> in san francisco, live at levi's stadium in san jose. live in oakland. yeah, you're watching abc seven news live anytime, anywhere. >> we are, we are, we are, we are, we are, we are where you are. >> never miss a moment of the news that matters to you. download our abc seven bay area streaming app. join us a

the charitable campaign was actually started back in 2010 by bill gates and melinda french gates andren buffett to try and help tackle urgent problems. according to forbes, altman has accumulated least a billion dollars through investments. altman says he wants to focus on giving, quote to technology that helps create abundance for people. >> it's 10 20 and governor newsom is facing some criticism over proposed budget cuts. advocates say is that some of these cuts are going to hurt thousands of undocumented californians who rely on in home support services about 94 million dollars will be cut from a program that funds in-home support services for about 2,500 undocumented californians. those programs help pay for things like in-home assistance and care for eligible seniors in california to have living disabilities. the governor says that he does not want to make these cuts, but that he has to. he says he doesn't have any other choice because the house to balance the budget advocates, however, are urging him to reconsider. >> if this program is taken away for undocumented recipients, i

melinda french gates is stepping down from the charitable foundation she created with her former husbandoft co-founder bill gates. french gates said that leaving would give her an "additional $12.5 billion to commit to my work on behalf of women and families." ". the pair divorced in 2021, but continued their philantrhopic work together. and we should note, the gates foundation is a funder of the newshour. still to come on the "newshour," jury selection begins in the federal corruption trial of senator bob menendez. amy walter and tamara keith break down the latest political headlines advice for families on preventing online sextortion. and much more. ♪ >> this is the pbs newshour. from weta studios in washington, and in the west from the walter cronkite school of journalism at arizona state university. amna: the united nations says more than 360,000 gazans who have fled to rafah have now been forced to flee again, as israeli troops attack sectors of the city in a bid to rout hamas. also in rafah today, the first foreign u.n. staffer was killed by israeli troops. more than 100 palestinia

. >> philanthropist melinda french gates is making a huge donation in support of women's rights.gates is donating $1 billion over the next two years to people and organizations working on behalf of women and families globally, including organizations here in the us that support reproductive rights. earlier this month, she announced she would step down from the bill and melinda gates foundation mission and vowed to focus on women and families. she said she was motivated to make the donation, in part because of the racial gap in mortality rates for women. >> openai ceo sam altman says he is pledging to donate most of his wealth to charity. altman initially founded san francisco based openai as a nonprofit research lab dedicated to safely building artificial intelligence for humanity's benefits. now, altman says he wants to focus on philanthropic technology that helps create abundance for people. the giving pledge, a charity that encourages the ultra rich to donate, announced the move today. the venture capitalist is reported to have amassed much of his wealth through startup invest

it was companies like microsoft, mastercard, foundations, melinda french gates was one of the earliestcontribute as much as $10 million for the women, the digital inclusion focused on women, the ford foundation. essentially, this is how it all happened. the simplified version. i got on the phone and called a bunch of people. i called to say, i know that you have some interest based on the work you have done before. can we collaborate? in a focused way that develops some energy around a public/private partnership? the foundation for the work being digital inclusion, understanding all business at this point is technology business and any business, in economy -- an economy that is going to grow, much less be sustainable between now and the future, must integrate, adapt, and adopt technology. in an institutional way. this includes, as you have described, mr. president, your mother. it must be the people, not just the governments and corporations, that understand how technology works. another piece of the focus was something i have long believed. if we are focused on strengthening economies

tripled in size we're the weekend one of the world's most influential philanthropists and melinda french gates is resigning as co-chair of the bill and melinda gates foundation, a charity she helped lead with her then husband. now ex-husband, bill gates, since 2000 and a post on x, formerly known as twitter. today, gates writes, quote, this is not a decision i came to lightly i am immensely proud of the foundation that bill and i built together and the extraordinary work it is doing to address inequities around the world megan, the duchess of sussex, is now an african prince it's toward the end of her and prince harry's three-day private visit to nigeria. three nigerian traditional rulers bestowed megan with royal titles and chris her with nigerian names. one of them means royalty from across the seas meghan and prince harry focus their engagements in nigeria on sports rehabilitation, mental health, and women's empowerment new musty video shows the moment of parents skydivers and wing suits flew through london's iconic tower bridge, making them the first people to ever do so the two dare devil

and melinda french gates says she will donate $1 billion over the next two years to support women andmade the announcement in a "new york times" op-ed it comes weeks after announcing she would step down from the bill and mylinda gates foundation >> quite a donation. thank you, pippa >>> the nasdaq continues to push higher here hitting record highs again today. lot of fed speak, key economic data on deck from gdp. minneapolis fed president neel kashkari saying u.s. consumers in the housing market have remained resilient, no reason to rush to cut rates. apollo chief economist torsten slok joins us now. we're talking about the idea, torsten, we haven't seen weakness in pricing on rentals and home pricing and plays a factor in why inflation hasn't come all the way back down to 2% is it getting worse? what's happening. >> i agree let's not forget that housing has a way of roughly -- weight of roughly 35 to 40% depending on how you measure it and housing is a critical component for the fed when they try to achieve the 2% inflation target. i should say for housing it really is the case that