taylor: that was bloomberg's ellen huet and michelle davis. bloomberg has learned that investors including softbank and jack ma has a company that is valued at $16 billion, a top online financial services firm. the company is india's top online financial services firm. and coming up, this week starts earnings season. what you need to look at. as the big banks start reporting this week. this is bloomberg. that's next. s next. taylor: earnings season is underway with banks reporting drugs week, including citigroup and wells fargo reporting tuesday, morgan stanley thursday. here with a look at what to watch when it comes to technology is our bloomberg reporter, sonali basak, so talk to me first. what are the banks' technological priorities here? sonali: you have banks spending the most money on technology, jp morgan and bank of america each spending more than $10 million, annually, even when we see them keeping a big lid on costs. why are they spending the most money? because they are the ones going after the millennial consumer, in terms of digi

michel taylor, planning department staff. the items before you today are the five mills act historical property contracts. it was legislation authorizing local governments to enter into contracts with private owners of qualified historic properties. this agreement provides property tax reductions to owners at those historic properties who can allocate the savings towards improved maintenance and restoration plan. the department currently holds -- holds 37 active mills act contracts. the department received seven applications for the may 1st filing date. we reviewed their own applications and deemed two of them incomplete. the staff is working with the property owners of those incomplete applications to file complete applications for the next mills act cycle. for the remaining five applications, staff conducted preapproval inspections and worked with applicants to revise riba location, restoration, and maintenance plans as necessary. all five property owners will enter into a mills act contract with the city. the agreements ar

taylor: so, ellen, you heard michelle mentioned that $5 billion deal from jp morgan.s that a separate issue here, or are those two tied together? though they are different plans, there could be some overlap, so it sounds like the board of directors and other people are meeting this week. we do not know exactly when, but it sounds like discussions are ongoing, and we expect to hear more about it, maybe in the next few days. with things on the table, there are going to be decisions coming up. taylor: michelle, i what to show you a chart that we made for our toomberg audience -- i want show you a chart that we made for our bloomberg audience, having a pretty good day, ents on the90, 91 c dollar. what is the appetite right now for a junk deal? michelle: it is interesting. if you look at that graph or chart, the bonds are trading at pretty distressed levels amid the turmoil related to the ipo wework possibly having assumed than expected cash crunch. did rally,e bonds and that actually helped their borrowing costs, but it is still to be seen how much appetite there is from

." >> this bright, cerful clothing line is a hot commodity worn by the likes of michelle obama, taylorbeyonce. tonya taylor is undoubtedly creative, an artist to paint's original prints for her clothing but she is them -- in demand partly because she gives customers what they want. >> the biggest part of being a successful designer is listening to a customer and knowing who they are. >> she knows what they want because they tell her, quite explicitly. what do you do with the closet space now that you rent the runway? thanks to the feedback she reviewed -- receives from rent the runway, which allows customers to rent designer clothes. >> infinite possibilities. >> we have harnessed millions of data points over the last decade. >> sarah is rent the runway's chief merchant officer. >> every clothing item we have is tagged with over 60 attributes, things like color, fabric, silhouette, length. we also have millions of customer interactions we collect and photo reviews. >> the data helped them refine the inventory and predict what the typical customer will want next season. >> last fall we

michelle's the middle, and crystie is the baby. and she was every bit the baby. she's my mom's baby. >> reporter: crystal taylor was the youngest by six years. and both older sisters thought momo loved crystie a little extra. spoiled her too, say michelle and monica. >> they talked every day. and she would just immediately start whining as soon as she talked to my mom. she could be, like, being a grownup, and as soon as the phone rang, she went right back to 8-year-old. all the time. >> reporter: tia, her niece, remembers crystie as both a homebody and a romantic dreamer. >> she wasn't flashy. she wasn't someone who, like, shopped a lot. she was just a really down to earth, simple, just happy to be at home watching movies. >> she watched the same movies -- >> all the time. >> all the time. over. and she loved love stories. "hope floats." "ever after." "love jones." >> reporter: those are all stories of women who find love in improbable ways and end up happy. >> right. >> reporter: is what she wanted? >> yes. >> i know she wanted love. i know that she -- she wanted a fairytale life. i know she always talked abou

reporter: this bright, cheerful clothing line is a hot commodity, worn by the likes of michelle obama, aidy bryant, taylor swift, beyonce. >> people wear us to be happy. >> reporter: tanya taylor is undoubtedly creative, an artist who paints original prints for her clothes. but she's in demand partly because she gives customers what they want. >> to me the biggest part about being a successful designer is absolutely listening to a customer and knowing who they are. >> reporter: and she knows what they want because they tell her. quite explicitly, thanks to the detailed feedback she receives from rent the runway. it's a platform that allows customers to rent rather than buy designer clothes. >> we basically have harnessed millions of data points over the last decade. >> reporter: sarah tam is rent the runway's chief merchant officer. >> every item of clothing that we have on our site is tagged with over 60 attributes. things like color, fabric, silhouette, length. we also have millions of customer interactions that we collect and millions of photo reviews. >> reporter: the data help rent the runway refine

taylor. we continue our team coverage of these power outages all fours, michelle kingston who is live for us tonight, a senate. >>where these high fire warnings are an unsettling reminder of that house fire that broke out 2 years ago today, show. >>a ceremony was held the downtown santa rosa tonight to remember those who lost their lives 2 years ago today but on top of that people are preparing for tomorrow, they're stocking up on food water and ice and gas. tonight. >>livelost in the bay fires 2 years ago. people gathered in downtown santa rosa. we were. >>prepare 2 years ago. >>reflecting but also gearing up to lose power. >>or feeling in the air the same time of year. same day sy at grocery stores across the city people are stocking up on water. >>i spray paint in food. i >>general orange juice. >>in an attempt to reduce the risk of wildfire in the dry windy conditions p genie will shut off power to hundreds of that thousands of customers throughout the bay area. >>and there's going to have you know people you know. it saving lives >>and we've got to do we've got to do genie wants its cus

today before bill taylor's testimony began leaking out followed shortly by his 15-page opening statement -- michelleoldberg joins me now along with ned price. they are both msnbc contributors. michelle, why did you say that? >> well, because we've been hearing from them, you know, since this process began, that the reason democrats shouldn't do this is because it was so divisive, it was so inflammatory. and, you know, as you showed before, we've now sort of crossed the rubicon or crossed what they all said was the red line. and i don't doubt they're going to pivot either to process questions tore or to an argument this was fine, get over it or maybe this wasn't impeachable. but there is no -- but their whole case, the case they've made so far has fallen apart. and so if they are serious, if they ever were serious about sort of improving some shred of national unity, that is what they would do. i mean, and to be clear i kind of don't think they were that serious, and it's obvious that trump lacks the dignity and patriotism of a richard nixon but it is what they should be doing. otherwise what we're f

university professor keeanga-yamahtta taylor, author of the new book "race for profit how banks and the real estate : industry undermined black homeownership." michellexander set up your book, "a horror story of racial capitalism." i would in turn to presidential ,andidate bernie sanders massive turnout this weekend, the biggest of any rally this year for president. queensbridge, new york, 26,000 people came out to queens. but last tuesday when he was in the debate, cnn host erin burnett questioned sanders about his wealth tax proposal. >> senator sanders, when you introduced your wealth tax, which would tax the assets of the wealthiest americans, you said, "billionaires should not exist." is the goal of your plan to tax billionaires out of existence? >> when you have half-a-million americans sleeping on the street 87 million people uninsured or underinsured, when you have hundreds of thousands of kids who cannot afford to go to college and millions struggling with the oppressive burden of student debt, and then you also have three people owning more wealth than the bottom half of american society, that is a moral and economic outrage. in the truth i

after revelations from bill taylor's testimony began leaking out followed shortly by the entirety of his 15-page opening statement, "the new york times" op-ed columnist michele goldberg tweeted, quote, republicans who are worried about impeachment tearing the country apart should be going to trump privately telling him to resign. michele goldberg joins me now spokesperson to the security council, both msnbc contributors. >>> michele, why did you say that? >> well, because we've been hearing from them for, you know, since this process began that the reason that democrats shouldn't do this is because it was so divisive, it was so inflammatory. as you showed before, we have now sort of crossed the rubicon or crossed what they all said was the red line. and i don't doubt that they are now going to pivot either to process questions or to an argument that, you know, this was fine, get over it. or maybe that this wasn't impeachable. but there is no -- their whole case, the case that they made so far, has fallen apart. and so if they are serious, if they ever were serious about sort of preserving some shred of national unity, that is what they would do. i mean, to b

michelle kingston. >>well now that we showed you would look for in your home to make sure it's earthquake safe. it's also point to address what you need to do if it's not. >>kron four's taylor, the sec east spoke with a retrofit or about changes that you might need to make. >>before making any retrofit howard cook determines how vulnerable all ms. >>figure out the way to the house and then anticipated ground acceleration how fast is the ground got to move and then what that tells us is that tells us how much force the house is going to have to resist and then every piece of plywood every piece of steel ball. they all resist a certain amount of force cookies to assess earthquake damage for fema. >>now for 25 years he's been retrofitting homes in the bay area like this berkeley home, this is the floor that you walk around on right up here. this is the foundationand this wall all right here is what we're worried about collapsing. >>cripple laws like the one in this home are extremely vulnerable to earthquakes. addition to checking the foundation of your home. we'll also check how close it is to a fault line in this case. it's only hundreds of feet away. cook shows us what retr