kinder morgan is buying up off after the subsidiaries like kinder morgan energy partners, people lineers in order to consolidate everything under a single banner, thing is the perfect time to look at the pipeline master limited partnership plays. viewers know i've been a big fan of the group for years. it's created a huge shortage of pipeline capacity. so the high yielding mlps that build out new pipelines have some enormous opportunities here. more on that later. right now, right now though, i want to focus on the first potential acquisition for the new combined kinder morgan. specifically, we know that ceo ch newly energized kinder morgan inc., so perhaps they should consider buying board walk pipeline partners. bwp. a stock i like so much, we own it for the charitable trust. board walk is a $4.7 billion company that owns three interstate natural gas pipe lines. 11 underground natural gas storm stations that spans some of the oil and gas i'm talking permian, marcellus, woodforde shales. and now it only support 1.2% yield. that's smaller than the other limited partnerships because th

morgan. >> j.p. morgan. you keep want to saying morgan stanley. >> yeah.no knowledge of morgan stanley. it's j.p. morgan as far as i know. >> all right, in a way, you say that how this has all played out, the fact that they went in in june and it wasn't until august that they were discovered, it's somewhat of a success story for j.p. morgan, is that right? >> yeah, i kind of look at it as i kind of look at it as a bit of a success story. it could have gone unnoticed for a significant time. jpmorgan does have a sophisticated cyber security organization. i think the success here is they detected it themselves. somebody did not have to come to them and say we found a problem. this happens often with the fbi or secret service going to the company and saying we found something. that is one success. secondly, i think there is success in the financial services information sharing and analysis center, which is at the nonprofit -- which is the nonprofit among community members. it looks like the information was shared quickly throughout the community and they were

morgan was actually only committed by bear stearns and washington mutual that they bought as a favor to the american people. and in fact what happened is that a u.s. attorney for the eastern district of california uncovered huge amount of documents that prove that jamie diamond and his team knew and committed the same crimes back in two thousand and six and two thousand and seven and what they did is they presented that information to u.s. attorney general eric holder. that day jamie dimon called up eric holder and a deal was done all of that evidence was hidden nobody has seen it eric holder did not release it to c.n.n. and fox news to paint a picture of what jamie dimon is that's up to us on our t.v. and kaiser report to do but he got away with it he paid thirteen billion dollars a record fine for a u.s. bank paid thirteen billion dollars last year nobody knows what he did and it's all gone away if you look at the corner of the reports of the annual reports of j.p. morgan you'll see in the footnotes of the references to off the balance sheet items just like enron or any other fraud

kinder morgan energy partners, kindor morgan management and el paso pipeline.ounder says they will expand the reach of the projects they can do. the shareholders of the three units will get a premium of between 12% and 16% of friday's closing price. kinder says the newly combined entity will offer a $2 annual dividend. that's expected to increase 10% a year through 2020. the deal will unravel the financial structure that kinder morgan helped make popular in the 1990s master limited partnership, mlp. these give special tax breaks to companies that generate most of their revenue from natural resources, typically pipeline operators, which charge fees to move oil and gas. now, mlps don't pay corporate taxes to the u.s. government and distribute cash to shareholders through dividend-like payments. now, in kinder's case, investors had been concerned its mlps were too big to achieve substantial revenue growth. now, kinder morgan was created in 1997, a year after richard kinder left enron. in 2006, the company was taken private in what was then the largest management-l

morgan was actually only committed by bear stearns and washington mutual that they bought as a favor to the american people. and in fact what happened is that a u.s. attorney for the eastern district of california uncovered huge amount of documents that prove that jamie diamond and his team knew and committed the same crimes back in two thousand and six and two thousand and seven and what they did is they presented that information to u.s. attorney general eric holder. that day jamie dimon called up eric holder and a deal was done all of that evidence was hidden nobody has seen it eric holder did not release it to c.n.n. and fox news to paint a picture of what jamie dimon is that's up to us on our t.v. and kaiser report to do but he got away with the paper thirteen billion dollars a record fine for a u.s. bank paid thirteen billion dollars last year nobody knows what he did and it's all gone away if you look at the corner of the reports of the annual reports of j.p. morgan you'll see in the footnotes of the references to off the balance sheet items just like enron or any other fraud

morgan you'll see in the footnotes of the references to off she. was just like enron or any other fraud world that details not going to great specificity but very beggarly the nature of their fraud. so that means yes you see never prosecuted eric holder never prosecuted the financial news like c m b c never brought never reported on it the hedge funds never thing which between a fraudulent fraudulent bassman warren buffett never talked about it on a c n.b.c. show so this it takes a village member hillary clinton who says it takes a village it takes a village of fraudsters to commit a massive fraud like today jamie diamond of j.p. morgan i mean we always put it on jamie dimon to say he's the villain in all this and he'll say look i wouldn't do it if i wasn't given all of the tools to commit all this massive fraud and that's absolutely true the fact that he's a cancerous letterers tapeworms parasite infesting and eating out the innards of american society causing things like ferguson missouri to blow up at a place that's of course a given but let's l

morgan nobody ever arrested him nobody ever find him nobody ever said it was ok to do you know tase to man remember too big to fail too big to jail this is what happens when you have too big to jail the fact that the phrase answer the american lexicon told you that or ferguson missouri was going to happen if you say these rich white guys in the hamptons are too big to jail the looting is ok that billions of dollars of wealth confiscation is a ok you're going to end up with people around the country who've been disenfranchised caught up in situations where they maybe still are not steal allegedly steal a cigarette or a cigar and get shot in the head six times so this is what's this is what happens when you've got an enormous chasm between the top looters like the warren buffet jamie diamond and you've got the street level guys who are getting victimized by all this so there's a huge conflict in the cigarette by the way with the cigarette low it wasn't even like cuban made we know for a fact because they're not allowed to sell cuban stuff here so it wasn't even a good one but you know sp

morgan was actually only committed by bear stearns and washington mutual that they bought as a favor to the american people. and in fact what happened is that a u.s. attorney for the eastern district of california uncovered huge amount of documents that prove that jamie diamond and his team knew and committed the same crimes back in two thousand and six and two thousand and seven and what they did is they presented that information to u.s. attorney general eric holder. that day jamie dimon called up eric holder and a deal was done all of that evidence was hidden nobody has seen it eric holder did not release it to c.n.n. and fox news to paint a picture of what jamie dimon is that's up to us on our t.v. and kaiser report to do but he got away with it he paid thirteen billion dollars a record fine for a u.s. bank paid thirteen billion dollars last year nobody knows what he did and it's all gone away if you look at the corner of the reports of the annual reports at j.p. morgan you'll see in the footnotes of the references to off the balance sheet items just like enron or any other fraud

morgan chase about a year ago it was because of some type. twenty fourth of last year and hours before that press conference jamie dimon personally calls like holder's number two deputy i think it was and they instantly renegotiate the whole thing and the press conference was put off and next thing you know there's a thirteen billion dollars settlement where the whole thing goes away and there's there were no criminal charges. can you imagine any other person who would be the target of a federal investment investigation being able to call up the attorney general or call up the prosecutor in charge of the case and say let's talk this over let's let's make this go away an ordinary person just cannot do that and that happens over and over again in these cases that these things are decided at a level that are not available to the ordinary criminal defendant or the ordinary target of a federal investigation i was heading to a flashpoint because voltaire said injustice in the end produces independence so if the growing wealth gap is causing more an

billion cash and stock transaction that includes kinder morgan energy partners, kinder morgan managementd el paso pipeline partners. we're going to talk with kinder morgan's ceo richard kinder later on squawk. i can give you the term but was i'm going to turn to you. you know mlps and this company very well. from one k&p, 2.31. and 10.77 a share in cash. cash consideration adds up to $4 billion. 1 kmr equals 2.4849 km ishares and 1 el paso .9451 kmi shares and get 4.65 share in cash, elect cash or stock in that one. why's he doing this beyond the terms? >> he was on -- i've been a big backer of rich, he's one of my bankable guys. i i fell he would say kinder morgan partners, the xwbig one underperformed he would recognize these rates would kick back money 43%, some say 60% of the actual net income going back to the partner, kmi, that had been disadvantaging kinder morgan to be able to do deals though it had done el paso. the cost of capital was too high for kinder, people felt it was large numbers. rich kinder's company produces as of last year 55,000 barrels of oil in texas, it's also a

morgan" first set sail, john tyler was in the white house., 34 presidents later, jeff glor tells us the ship has returned from its final voyage. >> hoist away! >> reporter: this is a view no one has seen in 90 years. and after tonight, no one will see again. the "charles w. morgan" is america's last whaling ship. >> there she goes! there she blows! >> reporter: for the past three months, cip files has been her captain. >> it's the most historic sailing event in my lifetime. no one alive had sailed it before. >> reporter: that's pretty cool. >> it is pretty cool. i haven't digested all that yet. >> reporter: the morgan first sailed in 1841, one of the american ships that brought back the whale oil that lit the nation's lamps. >> watch your head it's low in here. >> reporte the blubber room. >> the blubber room. this is where they did all the nasty work below. >> reporter: matthew stockpole is the morgan historian. >> it made 87 voyages. it's a chapter in american history that is not well remembered but was a critically important one when it wa

. >> reporter: to that end, morgan, continued airstrikes by the u.s.ilitary, the ceo of the company that james foley was freelancing for, confirmed to aljazeera today that the kidnappers had asked for a ransom of $130 million last year, but however, the u.s. government does not pay ransoms, morgan. >> libby casey from the heart of washington d.c.. >>> speculation is growing about exactly who was involved in foley's killing, and british intelligence is also investigating since one of islamic state members seen in the video seems to be speaking with a british accent. we have more from london on that, and phil, what do we know about that investigation, and frankly, what are exactly are these investigators really looking for? >> morgan, they're looking at some evidence from the tape of the eyes, they're looking at vocal recognition. the date base here in the uk for 500 british citizens that are in the region, and traveled to and from the region, and they may have in fact joined the islamic state group. and they will be looking at that. it will be interesti

let the huge run in kinder morgan the acquirer -- unbelievable, spent all that

>> reporter: good afternoon, morgan. another autopsy of michael brown's body has already been conducted, but an attorney general holder said because of the extraordinary circumstances surrounding brown's death and at the request of his family, a federal medical examiner will conduct an independent examination, an independent autopsy of brown, and it will be done so as soon as possible. in the meantime, for a second night in a row, there was violence here in ferguson which included a break-in of this barbecue restaurant that had been looted earlier in the week. >> it was the first night of a state of emergency in ferguson. about one to 200 people remained on the streets after midnight despite a curfew. one man was shot. several arrested. meese say they were forced to fire smoke canisters and tear gas to clear the streets, when a man was shot, they took him to the hospital. he is in critical condition. police say people broke into a barbecue response. their heavy response was to protect protesters and officers. >> we have

morgan? >> diane, last night was a different scene from the night before when protests were peaceful. again, of course, friday was so tense as you mentioned in ferguson. how did that information about the case that was released change things? >> it was a lot of frustration because they had been asking for the officer's name to be released all week and the surveillance video was released on the same day that the officer's name was released. almost a week after michael brown was killed, ferguson officers got what they have been asking for? >> the officer that was involved in the shooting of michael brown was darren wilson. >> chief jackson refused to release a photo of the officer. what he did release was a video he said showed brown involved in a robbery at a convenience store the day he was killed. police say that's brown in the red cap grabbing cigars. a store employee asked the suspect to pay on who responds by pushing him. a suspect walks out with a friend. the brown family was outraged? >

. >> morgan? >> well, check out mobilelite, weight analysts issued their first coverage notes which were generally bullish since it went public at the beginning of the month. to avoid auto accidents. that's currently trading up. simon, back to you, morgan, thank you very much. >>> warren buffett often described as the most successful investor ever, helping to make a deal that many would call un-american. we have the details on the burger king deal. robert? >> warren buffett and president obama have long been mutual admirers, buffett has backed the president's calls to raise taxes on the wealthy and bring more fairness to the tax code. given buffett the medal of freedom, he praised the oracle of omaha of being not only an investor, but an ethical role model. take a listen. >> today we know he's not only one of the world's richest men, but also one of the most admired and respected. unmoved by financial fads, he's doggedly sought out value, put his weight behind companies with promise, and demonstra

i am morgan radford. "earth arise" is coming up next.ch us online at aljazeera.com for the latest news.

as well as morgan is still here with us. mark, we just plucked those off the screens, like to do a little work for our viewers. are those on your ray dare? >> yeah, several of those names are on our radar. we manage a fund that specializes in partnerships, energy transfer is a unique name right now. they're probably the next potential partnership to do a transaction like this because of their high idrs which are incentive distribution rights. >> that's the only candidate you see out there? >> i think for now, yes. a lot of those other names are still relatively low, but over time, i think you'll see other mlps try to rectify that. >>> but part of this deal, mark, is that they want to get bigger, they want to free up their capital structure. even if there's not another company that could do what kmi did, we get that. what about others combining with each other to get bigger to now compete with the soon to be bigger kinder morgan? the name that comes to mind there is targa. and they have a lot of assets that could fit in nicel

morgan?do i diane what's interesting is that there has been a lot of attention to the city's relationship to the police department. many say the police were not there last night when all of this looting was happening. so, how does the community feel about that? and what's been the police department's response? >> well, we haven't yet heard from the police department. >> that's what, you know, we have some questions to ask them about that this afternoon at the press conference. what these residents are looking for is some sort of a balance. there was the criticism earlier in the week that the police were being too heavy handed, lobbing tear gas and shooting rubber bullets and we saw the looting. they said there were some protesters that were unfairly targeted. last night, over the last couple of days, the police pulled back and that is when captain johnson took over. he tried to be a little bit more measured with the protesters and letting them come out and protest peacefully. he has pulled ba

>> good evening and welcome to "piers morgan live." i am piers morgan, the tiny, little fool of news. it's been a busy year for george zimmerman. first, he was acquitted of murder, then detained after a dispute with his ex-wife. and this week, he was arrested

morgan perhaps couldn't as much. they should have put this behind them, therefore the price tag should have been lower. >> kate, thanks for stopping bit. grasso, how roh are you trading this is this. >> i am currently out of the name. if we are looking at a slow down, you have to wait for a print below $15 possibly low 14 handle on the name if you are trading it technically. if the marm hols in, you give yourself a 14-and-a-half stop. you give up the boy back. you get this behind you. this is closure. i think bank will be the first to buy. >> walgreen's topping off our top trade tonight t. stock simpblg following a conference call why it's not planning to move its companies to avoid u.s. taxes, basically why it's not inverting. it sound like they're being a little bullied be i the political fear. >> i think there is a lot of people bullied. if you look at today's stock move, i don't think it was about the inversion deal it was about full year 2016 goirngs it came in. the street had them at five bucks. these guys miss

morgan's attorney said the actor is having a tough time recovering.uses a wheelchair and it could be months before he will be able to walk on his own. morgan broke his leg, nose and several ribs when a tractor trailer rear-ended his limo bus on the turnpike. >>> the trial will resume next week for the woman accused of kidnapping a 5-year-old girl from her school. prosecutors say that 21-year-old put on a burka and took the girl out of her school last year. a talking bird gave them a break in the case. the victim said she heard a loud bird, and they got a tip that a bird lived on the same block. the trial will resume on tuesday. >>> this morning police are asking for your help as they hunt down thieves that took items from the vfw post. it happened on the 5200 block of ray street. one of the members tells us he discovered the building had been ransacked. the thieves crawled through a window and stole rifles and grenade launchers and mortar launchers. it's not the first time it has been targeted. >> you could take my life, if necessary, you know, i will

and she shot officer morgan.and they did escape. >> not wearing a bulletproof vest, officer morgan was killed. >> it was probably around about 9:30, quarter till 10:00. we were listening on the radio, which a whole lot wasn't coming over. we all started realizing there was something majorly wrong. i was shocked. usually we don't show our feelings here at work. but on that day on august 9th, we -- not too many people had control. >> hyatte and his wife, jennifer, were apprehended 36 hours later and charged with first-degree murder. >> when officer morgan left here that day with the inmate, never thought they wouldn't come back. but that's one thing that we do, our staff. they put their life on the line every day. >> anything can go on. ambushes can be set up. what happened to cotton, the unexpected, can really go down at any time. >> prison officials believe hyatte used a smuggled cell phone to orchestrate the deadly ambush. cell phones are now considered dangerous contraband at brushy mountain. >> this is somethi

>>> well, morgan, apple stock on a tear, hitting new records. whether you account for the split or not. now, when we come back what's likely inside that new iphone. is it enough to satisfy shop terse. more power in two minutes. in today's market, a lot can happen in a second. with fidelity's guaranteed one-second trade execution, we route your order to up to 75 market centers to look for the best possible price, maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. >>> the stock is lower after stevens downgraded the stock and lowered the price target per share from $44 to a $52 before citing visibility -- you can see trading down by about 3%. so perhaps a little time for movado. >>> hurricanes marie is spinning off the west coast. it's stirring up the surf. check out this video. it's dangerous, but amazing to

morgan is suing walmart for negligence. more news ahead, the giants offense erupts as the a's may have lost more than just a ball game last night in anaheim. >>> you're watching "today in the bay." >>> a live look outside now at the bay bridge. that is coming along nicely looking to be a perfect day in oakland to celebrate the long labor day weekend. they continue a battle for first place in the al west, but the green and gold have more to worry about than a division title. bottom of the fifth, one on base for the angels, when there's a shot to left center field, crisp leaps at the wall, goes down hard. nobody know where the ball is, but he lost the ball over the wall. he leaves the game with a neck strain, and no update on if the a's leadoff hitter and catalyst will be available for tonight's game. a's trail by three games in the west. a trk at&t park, leading by the red hots, posey with a career high of five hits and has three runs driven in, giants beat milwaukee 13-2. keep it here. coming up on "today in the bay" it's b

equity strategist at morgan stanley.nges to your or folio, downgrading materials and upgrading technology. this is part of your continuing soft.ase for u.s. >> soffit does better in the second half of the year. one of our main course pieces is that capital spending will not be that small. companies will not go out and build company plan equipment. what are they going to do -- productivity. you want to own some software to the end of the year. with materials, we had a big that in u.s. chemicals, which benefits, and that worked really well over the last three years, and i think it was time to start taking profits. apex peaking? >> i think it could be. the consensus view is it will continue expanding. it might be peaking. that is probably going to create a more muted gdp out like, -- outlook. what did you learn? >> we track it pretty carefully. you need to things to be more bullish on capex. backlogs are bigger, meaning customers are ordering more, and you need ratios to the above 1. >> this is the nasdaq 100, heavily influ

morgan? >> that's right, kelly. well, events in russia and ukraine have moved the needle both to the upside and to the downside this summer, so, let's take a look at some of the bigger movers. first up, the downing of malaysia airlines flight 17 on july 17th over the skies of eastern ukraine. that event which so tragically killed 298 passengers and crew members is believed to be the work of russia-backed rebels. so, on the day of that crash, we saw the dow drop 161 points. russia headlines have also helped push the dow higher, though. and so, last friday, an interfax report said russia was ending military exercises near the ukraine border. so, we saw the dow finish higher by 186 points. it was the best single-day performance in five months, though only the ninth biggest economy in the world. russia matters for two big reasons. first, it's europe's largest trading partner. and also, russia is one of the top oil-producing countries in the world and supplies much of europe with vital natural gas. that's why we see exxo

i am morgan radford. this morning, we are getting a glimpse of the u.s. military operations happening right now inside of iraq. just last night, the government released new video of those airstrikes. now, this is a view from those fighter jets as they destroyed rebel artillery units in northern iraq. we are learning more about why the add miles per hourstration decided to move against isil. the white house was reportedly worried about having another benghazi attack. speaking to reporters in indiana today chuck hagle says the islamic state is a threat to the world. >> the fundamentalist ideology we are seeing play out through isil is as dangerous as anything we have probably ever seen, connected with a very strong military capability. the brutality of what that group and groups associated with it represent. >> hagel added that the united states can't fundamentally change the dynamics of the middle east, but it can help control violence. jane reports from erbil. >> the iraqi foreign minister says the u.s. s

livermore, 91. 78 in oakland. 85 morgan hill.cause the cloud cover will persist down there longer. 60s 70s on the coast. san bruno and 80sen the peninsula -- 80s on the peninsula. the humidity factor will stay high. the fog is coming back. warmer, thursday friday, and the low drops in over the weekend. >>> eight minutes before 9:00. dozens of people come together to save save you fifteen percent or huh, more on car insurance. everybody knows that. well, did you know the great wall of china wasn't always so great? hmmm...what should we do? geico. fifteen minutes could save you fifteen percent or more on car insurance. >>> gafernen newsom is -- gavin newsom is voicing his concern for legalizing medical marijuana. he said he's prepared to campaign in 2016 in favor of the issue. but he says the measure would have to be written the right way. for example, he says the legal age for using marijuana should be 21. he also says people who drive under the influence of marijuana should be held accountable and the extra tax revenue should go

morgan stanley note makes waves. finally getsiting to a point of cap x expanding. >> and a deal bigger than all energy u.s. m&a so far this year. >> $70 billion for that total ent enter surprise value. >> and the judge is back. >> welcome to the halftime show. we do begin with the markets. and stocks are picking up right where they left off on friday. gaining yet again. raising the question today of whether this correction is either over or nearing an end point. here is what big bear mark farber told cnbc. >> i think the rebound is under way in my opinion, but it would make new highs maybe just with a very limited number of shares. tech kanical damage is quite significant. >> so best two days for stocks in six months. so this correction and volatility is back in a big way at least it was over the last couple of weeks. do you think the correction has run its course? >> i don't know. i think the real challenge -- from a technical perspective, short tell, 1965 seems to be the area that a lot of technicians are pointing

kinder morgan is consolidating its huge pipeline business into a single company. a $44 billion transaction, and investors like what they heard. shares gushed higher by 9%. morgan brennan has more on what's behind this massive change. >> announcing plans to combine its four businesses to become the largest energy infrastructure company in america. valued at $71 billion. it will be the second biggest energy deal in u.s. history, behind exxon's $74.5 billion purchase of mobil in 1999. the consolidation will put the energy partners and management and el paso pipeline under the kinder morgan ink umbrella, bringing together 80,000 miles of oil and gas pipeline. to do this, the company is abandoning the massive partnership structure associated with some of its businesses. putting assets into a single c corporation. >> first and foremost, i think the simplification of four entities going into one. also, you had this c corp. and three mlp's, you're going to have one entity, and i think it's going to be a great way to play the energy renaissance going-forward. >> they've be

morgan bren han headlines. morgan?> thanks, scott. >>> another strong quarter, profits increasing 16% on earnings call earlier today. by the way didn't include q&a and investors relations, touting a strong performance in the americas and the asia-pacific region particularly in china and australia saying that offset expected declines in japan where consumption tax hike pulled sales forward into q-1. keep an eye on europe. sales much sovieter than the company expected especially the uk with same store comps down 8%. leadership expecting that trend to continue. one reason, european tourives buying jewelry here in the u.s. taking advantage of the dollar's weakness versus the euro and pound. what folks are actually buying, colored diamonds are hot. yellow gold jewelry popular. silver not so much. atlas collection popular and overall high-end products offsetting weakness in the lower end especially here in the americas. back to you, scott. >> morgan, thanks. >>> tiffany up more than 20% over the past year, more room to jun d

ktvu's janine de la vega spoke to investigators and joins us live from morgan hill, not far from where the body was found lit on fire. janine? >> reporter: cristina, sheriff's deputies have oakland avenue roped off for a mile mile-- mile heerl. it's a rural road. it's well traveled because it's a shortcut for comullers. there was a burned body dumped down the embankment. down 8:00, someone driving down oakland avenue saw smoke coming from the side of the road. they stopped to investigate and found a person lit on fire smoldering about 20 feet away in the veg takes. sheriff's deputy say they pronounced the person dead. they started to treat this as a crime scene and collect evidence. they are not able to say how long the body was on fire. >> we're obviously gonna treat this like a homicide scene. bodies just don't start 0 start on fire by themselves. we always treat these as suspicious. homicide we're gonna investigate it. we're gonna call out our crime scene investigators. we're gonna spend a lot of time out here and collect all of the evidence we possibly can. >> reporter: it's too ea

they're part of a new exhibition called "marks of genius", which is on display at the morgan library in new york city until september 28. on loan from the bodleian library at oxford university in england, the exhibit features priceless manuscripts and artifacts: a copy of the first folio of shakespeare; fragments containing the work of the greek poetess, sappho; a 12th century arabic manuscript on the y of the magna carta; all of them intended to reflect the idea of genius throughout world history. >> the sort of inspiration or genius of creation goes across all formats, all levels of human creativity. so you're able to see that through putting a printed book from the 20th century next to a medieval manuscript from the 15th, through something from western europe next to something from persia. >> reporter: john mcquillen is the curator in charge of the "marks of genius" exhibition at the morgan library. an expert in medieval art history, mcquillen has also had to familiarize himself with the nearly 60 pieces from different time periods and from all over the world. mcquillen says that

look at the maps, morgan hill as well. return shouldn't affect the freeways much, but i wanted to give a shoutout to the friend south of where we look throughout the freeways. all moving smoothly, typical overnight construction crews. we want to look live in the westbound direction approaching the toll plaza. we're too far west to see that, but you see the good volume of traffic over towards the peninsula. low clouds floating around, we're going to track that through the morning, back to you. >>> now to an update on a local story that's gotten national attention. publisher revising a sex ed book that parents say is too graphic and too inappropriate. >> last night parents once again voiced their concerns about the book which was supposed to be given out to ninth graders this year. they voted to buy the books in june, but there was huge back lash. more than 2200 people signed a petition saying it was explicit. sop included descriptions of sexual practices. many people agreed, but others stood up for the textbook. >> these ar

good morning, morgan. >> good morning, dara.fbi is investigating reports hackers attacked jp morgan and at least four other u.s. banks earlier this month. reports say russian hackers may have been involved but the motive is unclear. >>> reports say the smartwatch will feature apple's health kit that tracks user's health fitness and goals. >>> gas is at its lowest level on labor day since 2010. gas should average $3.41 a gallon nationwide this weekend. that's 18 cents lower than last year, and prices are expected to keep falling through mid-autumn. dara, back to you. >> thanks so much, morgan. >>> michael lucarelli apparently wasn't too happy seeing the media when he emerged in flip-flops and a tank top from the new york city courthouse. he was indicted on 13 charges of security fraud and $500,000 in illegal profit. >>> and does taco bell for life sound enticing? it's promoting their dollar menu by offering 11 everlasting dollars. winners get a lifetime of taco bell food. >>> and just ahead, all your sports highlights, including

that would have been is kinder morgan energy bought kinder morgan inc.een a lot of activity in that space. ess announced they were going to spend some assets off into one of these mlp's and investors long while. >> what about opportunities in kinder's public? -- pipeline? have doubled, there are tons of companies that could be takeover targets. repluis a lot of mbing that needs to go on, new cap lines from production to demand centers. >> thank you so much. iving in shaking this hour -- moving and shaking this hour, ryan seacrest is launching a line of suits sold in macy's so you can look like ryan seacrest. he's already pretty busy, host a "american idol," havs syndicated radio show. he says his line will be targeted to a young audience. >> we want to get it right out of the gate, the suits are about first impressions. millenials going out for their first interview our first meeting for a job, that is a first impression. this launches a first impression. >> first impressions count. coming up, day one for sprint's new ceo, he has got to make a good first

again, neither jp morgan or its employees or bank of america or its employees did anything wrong here. they just bought companies that did wrong. they have big pockets and therefore, they get a lot of political value by having press conferences. >> it's a very controversial issue. joining us to talk more about this, christopher walin, an investment banker and senior managing director of reserve at knowls bond ratings agency. you know, chris, some people would argue that the government hasn't been tough enough on the banks. what do you think of what dick was just saying and what do you think of the public criticism. >> well, he is absolutely right. i mean, the settlements, susie, are kind of welcome in a sense that we're finally hearing the attorney general talk about this, but he's five years late. instead of prosecuting the officer's and directors of the banks that did the wrong and it sold bad securities, we're forcing investors to pay for the settlement. the investors are victims. if you look at the city settlement, bank of america settlement, a very large percentage of the funds p

morgan chase. with a bank this big it raises big questions about the safety of personal accounts and national security. abc's chief justice correspondent pierre thomas is tracking it from washington. good morning. >> reporter: good morning, george. today one of the nation's biggest banks has been hacked and this morning the fbi and the secret service are investigating. law enforcement sources tell abc news federal agents are investigating a potential major breach of j.p. morgan chase's computers and those of at least one other major financial institution. investigators are trying to determine whether sensitive customer account information is among what was compromised. company and government officials declined to offer specifics but last night the fbi released a statement saying it and the secret were working to determine the scope of recently reported cyberattacks against several financial institutions. one official told abc news that when a bank the size of j.p. morgan chase is targeted, it's not

morgan chase and other u.s. banks. according to bloomberg news, officials are investigating the incident as pos ubl retaliation for u.s. sanctions against russia over ukraine. steve sedgwick joins us live with more on this from london. >> good morning. what this probe is doing is looking at whether j.p. morgan and other financial institutions in the united states and in europe were subject to attacks from hackers that were state sponsored. this is the point. j.p. morgan said we get people trying to hack us every single day. we have multiple levels of defense. the difference it time around is because relations are so bad over in ukraine between the rest and russia, that's what state sponsored? some are saying this is so sofisticated that they had to have state sponsoring. early stage. neither the fbi or jp morgan are confirming they believe i was the russians. elsewhere, interesting story going on at uber. they've been accused of actually sending out what is called brand ambassadors to ask their own drivers a lot of que

. >>> just south of san jose in morgan hill, another grisly discovery, a burned body. we'll take you to the scene for more on what investigators were saying about the victim's possible identity. >>> 280 is shut down for road work. here's the map, northbound 280, the extension from 101 to king street, one of the main arteries heading into san francisco and at&t park. this closure is scheduled to last until tuesday morning. nbc bay area's christie smith is on the freeway that's shut down behind you. we've done this before. it impacts thousands of people. >> reporter: memorial day, fourth of july weekend and here we go again one more time. this time the cloe hur started at 2:00 p.m., earlier than usual, because they have twice the amount of work to do. this is replacing seismic safety hinges. caltrans is not expecting a huge traffic impact, but neighbors and workers, they certainly are. near mission bay, workers like bernard jones are considering their commute options. >> those are kind of the options we have, so tomorrow i'm either going to work from home or take bart. >