ceo melissa meyer has been trying to turn around the company for the past four years. the board starts meeting today and the sessions continue through friday. >>> well, the guitarist of the rock band journey is getting a big pay-out from san francisco after the board of supervisors approved a settlement from a wedding lawsuit. neal shone will be awarded $290,000. he filed the suit last february saying he was extorted by city officials. shone claimed he was initially quoted $60,000 to rent the rotunda at the palace of fine arts, but the stellassed its nearly $240,000 when details about the e travel gant events released -- were leaked. >>> well, you might want to think twice before you decide to put a hair tie around your wrist. the warning comes after an indiana woman developed a potentially deadly infection. reporter howard has more on how these ties could be building up bacteria. >>> stretchy hair ties on the breast, even the sparkly ones to spice up your look. and every day staple for women who want the option of throwing their hair up throughout the day. turns out,

emily: is this an admission of defeat for melissa meyer? cory: this is been a very slow way to come to this conclusion. the irs would not tell them there will be no taxes. that means there are going to be taxes. after all the time with investors, and they hired experts from around the world to help them go through all possible outcomes, you would not expect them to come to a decision a lot faster. they have been slow to do this, but the web business is worth something. i don't know what. if you want to go 2.5 times operating profit, it is probably worth $2 billion. the cash we can value as cash and add it to the alibaba assets. as a stand-alone business, it might be worth something. the problem is it is rapidly slowing down and his weakest in the places it needs to be strongest, most decidedly mobile. emily: let's talk about that. gene munster of piper jaffray was on recently and said yahoo! made a decision to push forward as a tech company when marissa mayer came on. we think it's a media company. listen to what he had to say. >> yahoo! ma

stakes in ali baba japan worth 38 billion leaving the core business essentiallier wothless, ceo melissa meyerailed to turn the company around. employees love working at air b airbnb. it's the top place to work. because of the people, culture, pay, growth opportunities. global culling firm bain came in 2nd. missing out on the top spot. rounding out the top five guidewire software maker and hubspot and facebook is now in 8. >> i'm surprised about google. >> "early start" was number one. that would be a conflict of interest. >> "early start," speaking of which, begins right now. donald trump rising in the polls, not backing down from his poefl to ban muslims from entering the u.s. >>> new information on one of the san bernardino shooters, investigators revealing this is not the first attack he has planned. >> good morning. >> it's wednesday, december 9th. it's 5:00 a.m. in the east. donald trump is taking political fire from all sides this morning. rival candidates, the white house. democratic and republican leaders all blasting trump's proposal for a complete and total ban on all muslims enteri

been a busy week for yahoo -- one day after announcing plans to spin off the internet operations melissa meyer twins. meyer and the girls are doing fine. she and her husband also have a three-year-old son. as she did after the birth of her son she plans to take a limited amount of time away from her job. >> >>> 6:26 -- a man is arrested -- accused of pistol whipping a woman during a home invasion robbery in orinda -- the traffic camera video that helped lead police officers to the suspect. >> >>> highway 24 -- not too bad -- westbound 24 on the way to the tunnel. you'll see traffic moving well. >>>>> the thunderstorms may have woke you up last night -- nothing severe but we are not done -- a chilly friday forecast. >>>>> welcome back -- we are tracking the rain, thunder, lightning. this is a live a -- the camera -- the droplets of water -- it has been raining -- winning pretty good. be careful -- the rose her wet -- we've had a lot of crashes. my buddy just got here. >> here i am -- i should have been here at 6 -- i was stuck in the backup between park and lakeshore -- we were texting. i'm gla

melissa meyer had been promising shareholders that since january using the cash to turn the company around. meyer has been ceo for 3.5 years and took over the job with much fanfare. she made a push for yahoo to become a content creator. shareholders are increasing pressure to sell off its web business which still has a billion users. the brand name still has value. >> we actually don't know whether yahoo as a company will still exist. i believe that yahoo the brand will still exist because there's still people who will click on sites because it says yahoo. >> now, meyer may reveal her plans in january. if there is a web business sell- off, that could be layoffs. kiet do, kpix 5, sunnyvale. >>> a judge just agreed to consolidate more than 400 lawsuits against volkswagen for its emissions scandal. the court decided the cases will be handled in california because more than 100 of the lawsuits pending are from this state. this fall the german automaker admitted installing software that only turned on emissions controlled during government testing in more than a half million cars. >>> agencies

what does that mean for ceo melissa meyer? mark benioff on leadership, what is wrong with ibm, and how to win the race for the cloud. ♪ david: welcome to "bloomberg ." stephanie: we tried to say we would give information that will make you more competitive. we have a roundtable that will do just that. bloomberg intelligent economist, and on the market. neighbor, i want to point out and cofounder and managing director of funding circle. if you have a business you want to start, this is the guy you need to impress. we have a lot we want to break down. first, let's get some first word news. so much.hank you david cameron is making his case before parliament today. u.k. shouldg the extend the airstrikes against islamic state into syria. cameron is likely to win the votes. the labor leader will argue against the attacks. russell senate knew forces a special operations to battle islamic state. defense sector -- carter says they will conduct raids, free hostages, and capture islamic state leaders. they want to deploy special ops

what does that mean for ceo melissa meyer? what is wrong with ibm, and how to win the race for the cloud. ♪ david: welcome to "bloomberg ." stephanie: we tried to say we would give information that will make you more competitive. we have a roundtable that will do just that. bloomberg intelligent economist, and on the market. neighbor, i want to point out and cofounder and managing director of funding circle. if you have a business you want to start, this is the guy you need to impress.

m.v.p.,share with you most of the person, meredith whitney and alyssa -- melissa meyer in the news.00 million dollars. meredith whitney taking [indiscernible] big comeback.a can marissa mayer have a come back? guess who else is? volkswagen. speaking for the first time as he defends market conditions. ♪ stephanie: welcome back. you are watching "bloomberg ." i am stephanie ruhle and we are talking volkswagen. the ceo committing to keeping all told friends -- keeping all 12 brands. obstacles's -- hans nichols spoke with him earlier this morning. >> we have taken up this crisisge to establish management, which were forced to do to make sure we can work through that process and clarify the issues. as far as the current state, we with thegood course issues that we need to align. stephanie: i am looking at analyst recommendations, 20% happen to buy, 40 percent at a hold and it is a mixed picture. those who say it cannot get out of the hole, it does not appear to be the case. john: you have this car brand that is symptomatic with reality ability -- with reality ability -- with reliabi

right now, melissa meyer could not turn that around. can anyone?ice of web. there is an acid there. a lot of users on yahoo!, as a wonderful ceo wants that to me, everyone has got a yahoo! e-mail address and everyone is looking at the home page. yahoo! sports is a big business. strong onesing is a and it powerful one. it is also focused on the desktop, not successful mobile. they have made big mistakes, as pointed out in the last hour. see the mistakes they have made but there is an asset that is very profitable. it gives them a basis to do something. yahoo! has always been a land of opportunity. a lot of people have come and gone, but phone will look at this and value it probably more than it is being valued right now. it is worth more than zero. >> thank you. .e will check back in with you chemical and dupont are in late stage talks to merge. the largest deal in the chemical industry ever. after the merger, the company would break into two or three business part because of like -- regulatory and other issues. both stocks are up in the premarket t