this multiyear appropriation gave private sector partners the certainty needed to make those investments. as jut lined in our paper, returning to a multiyear appropriation mechanism would require action by authorizers, appropriators and the budget committees. most importantly, restoring this structure would provide the certainty needed to show that project bioshield will continue to support the innovation that will protect our nation for another decade. i'm delighted that the administration has recently come out in support of restoring the original funding mechanism as part of the administration's request for fiscal year 2018 taking into account the new resources made available by last week's budget deal, the administration has proposed an additional $4.99 billion for project bioshield. these funds would be used to move from an annual appropriation process back to a 10-year advanced appropriation. i want to commend the administration for their leadership on this issue, which is so essential to our country's safety. i have now had the relatively unique experience of working on biodefense

that's where these problems take -- that's what these problems take, a multiyear approach. there's no magic arrow for this. governor, you instead of going on vacation, you go to -- you have been to afghanistan, iraq, the baltics. tell us what takes you to war zones when the rest of us are on the beach. gov. coyler: growing up in kansas, i believe in service, making a difference in people's lives. i first -- volunteered when the soviets were occupying afghanistan. we were training medics, taking. we havepeople in afghan been at about 22 -- difference conflict zones. difference.ake a you can, on a humanitarian basis. to me, that service animates me. that's what i think is so special about kansas. post: what are you looking for two during your next couple of days? gov. coyler: water of course. i've got a number of meetings here area or working in a whole bunch of different areas, anything from transportation, trade, medicaid, dealing with those issues. it's going to be a good week. host: think you very much and congratulations. thank you for joining us. [applause] [captions co

come, why apple is reportedly raising to secure a multiyear supply.rg. ♪ reportedly raising to secure a haslinda: this is "bloomberg markets: asia." david: quick check of your latest headlines. planning new artwork at its headquarters that some see as a monument to ceo jamie dimon . the new tower will be bigger than the current one, which was finished back in 1961. jpmorgan itself has more than doubled its -- doubled in size under dimon's watch. haslinda: a bid for qualcomm is .ow $79 in cash and stock earlier this month. broadcom acted after qualcomm an sp its bid for semiconductors but said the revised bid is actually stronger. david: quick stop check of shares in tokyo. it is considering an impairment charge of up to about $1 billion. link to performing operations in including icon office solutions, but analysts expect the company will still break even on a net basis when it reports earnings for this fiscal quarter. the company also says the test is not yet complete and the size of any possible charge is unknown. haslinda: and something we do not u

so i think that planning piece has been really important, and that's -- you know, the focus on multiyear holistic approaches is very much by design, and hopefully that's starting to have an impact. i'd like to say really quickly to paul, my answer at least in part to tomorrow's sort of critique about why security operations security assistance has failed is i was alluded to a little bit there has not been adequate attention to institutional components, the sort of alignment with long-term strategic thinking. but also more broadly, you know, i think security assistance particularly when it comes to capacity building really isn't all that different in some ways from development assistance and other forms of foreign assistance which has really benefitted in 10 or 20 years from a lot of vie brnt discussion of best practices that has reshaped how they take on development assistance. and dod was maybe not awake or present for those discussions. and so it's only now they're starting to integrate a lot of these lessons learned. and i think that is really important, and hope it's going to change.

this has been a multiyear process of getting used to the fact that there was little inflation risk., we are going through a period of getting that back on the radar screen. we don't -- we think the risk of a near-term cpi pump up -- bump up is fairly low. it's hard to see where that will come from. it's less about the cbi print as cpi print -- it is less about the cpi print itself. we've started pricing this in. greg: i think the data is ultimately going to calm down the market. if the data comes out in line still at or below that 2% level, that will settle down the market and the fears will be alleviated somewhat. jon: i will get you guys into the boxes and wrap up the final part of this program with a quick fire question. 10 the pain remain contained? greg: no. bonnie: no. rob: yes. jon: can treasuries act as a hedge against stocks? greg: yes. bonnie: yes. rob: only if we get a financial conditions event. jon: we've had the greenspan put and bernanke put -- i'm trying to figure out where the chairman powell put exists. greg: yes. bonnie: yesterday rob. rob: no. jon: great to have

this has been a multiyear process of getting used to the fact that there was little inflation risk. are going through a period of getting that back on the radar screen. i think it is too early to say we are priced for an inflation surprise. we think the risk of a near-term cpi bump up is fairly low. if you look at the details of cpi, it's hard to see where that will come from. so, it is probably less about the cpi print itself. it is probably more about general inflation expectations. it is a little too early, but we've started pricing this in. greg: i think the data is ultimately going to calm down the market. as the data comes out in line, still at or below that 2% level, i think that will settle down the market and the fears will be alleviated somewhat. jonathan: i will get you guys into the boxes and wrap up the final part of this program with a quick fire question. can the campaign remain contained to equity as this volatility picks up? greg: no. bonnie: no. robert: yes. jonathan: can treasuries act as a hedge against stocks? can we get that flight to quality? greg: yes. bonnie

focus on multiyear holistic approaches and hopefully that is starting to have an impact. my answer part to the critique about by security cooperation and assistance has failed azeris stop inadequate attention to institutional components and long-term strategic thinking. more probably security assistance when it comes to capacity building is on talbot difference in some ways foreign assistance which has benefited over the past 20 or 30 years from vibrant discussion and best practices that have reshaped how the community takes it on. dod was that may be awake or present for those discussions. so now they're starting to integrate the lessons learned. i hope it will change and when he went the next book ten years from now need to reassessment you can report some progress for that very reason. i've had some conversations about this i don't think you can tell me that what happened there was happened under 12 authorities. dod often has a number of different authorities that range from security cooperation to join training and exercises to the authority that occupy the space ofte

minutes from last month's fed meeting which sparked a fresh wave of volatility as bond yields jumped multiyear highs. a stronger u.s. economy than at the end of last year and more interest rate hikes are in the cards. the dow, which had been up more than 300 points closed down 166 to 24,797. the nasdaq 16 points. a new section dedicated to home products such as furniture and decorative items. curated collections in nine different styles including modern, mid century and bohemian. the move takes aim at target which has been investing in exclusive home brands as well as amazon, wayfair and ikea. it's part of a broader overhaul as it tries to combat slow and online sales. and uber is drawing out a cheaper version of its car-pool service called express pool. riders wait to be matched with other passengers to be picked up and dropped off in the vicinity of their destination. it makes shared trips faster for passengers. express pool is now available in san francisco, washington, boston, l.a., denver, san diego, miami and philadelphia. back to you. >> some bigger cities. it makes sense. >> we'll see

the league could strike a multiyear deal. twitter paid $10 million for the streaming rights to the thursday night games in 2016 and amazon paid $50 million this past season. the nfl just sold the broadcasting right for thursday to fox for $3.3 billion. the markets rose for a fifth straight session with the dow closing about 25,000 in the first time in about two weeks helped by gains in the tech sector. guy, back to you. >> thank you so much. 5:28 right now. 53 degrees outside. horror and heart break. how a florida community is standing strong in the face of unimaginable tragedy and their tribute to the victims.

the amazon rivalry will be a big multiyear story, and walmart will use its 4800 stores as fulfillment points. >> at the end of the day, walmart had a little stumble here, maybe lost a battle. i still think they are the war. they have added 65 million skus on lineince june of '16 when we upgraded the stock. their prices are competitive, more competitive hand amazon, frankly. >> reporter: and wars are long and costly endeavors. foror "nightly business r" i'm courtney reagan. >> so, does walmart still have momentum in e mers? and where does its stock go from here. joining us, liz dunn, the ceo of retail data company tproa. grea see you. >> you too. >> $126 billion in revenue, 23% growth in e mers. of course the stock will go down 10%.t you thinks overdone today? >> i do. the top line was great. theiss had noin the numbers. they definitely pulled some things fard forward to take advantage of the tax write-offs they will get this fiscal year going forward. overall the sales number was quitestrong. e-commerce was softer. >> that's the key component. their goal is to do 40% growth this ar. c

multiyear money. and those sorts of things. with the understanding that there would be greater transparency. greater account bit. whether through the first ever consolidated annual budget request for security cooperation to kind of give the congress an idea of how the department allocates resources is a big problem. beyond that, i think the folks under evaluation, i don't think there is sufficient focus to date on, a, developing quality assessments from the front end, deciding where capability gaps exist. and through the life of that program, monitoring implementation. evaluating effect. do we achieve the objection we laid out. even on the front, just developing clear concise objectives of what you want to achieve. that is something that my colleagues have touched on and already is i'm not so sure we've done that to date. so there are other things, and quarterly and expenditures and i think that if the department can utilize these tools, they have been given in a way that makes sense and can articulate why they do what they do

then, we can plan multiyear investments.s absolutely necessary. 5-6 years toeen design it and put it into service and then it is a long-term investment. test -- long-term shery: there's another idea, increasing the charges for security. tsa fees. is that a good idea? security isandre: mainly in the hands of government. it is the responsibility of government. we do our best and we transport 11 million passengers every day securely and safely. what we say is we have a response ability -- responsibility and we can bring practical ideas to implement. that.e has to pay for a tax -- we do not favor a lot of taxes. if there is a tax to improve security, the funds that are collected through that text should be invested in security. our concern is this fund could go somewhere else. david: there's the rub. we have usage fees. we pay money. than congress or the united states government says we would like that money for some other purpose. --l congress resist any alexandre: if they put a tax to fund investment and improvement of securit

mark twain .edeemed himself after bankruptcy together didn't -- his family together and went on a multiyear worldwide not only being able to repay all of his debts but to raise his stature among the business community as someone who was willing to work an older aged at to repay his debt? >> yes and no. that is a good summation of what happened but i want to add to it. inn he was 59, he invested two major projects. one was a major publishing company that he ran and started. he installed his nephew as the business manager. the first book they published was the world's greatest publishing success to date. that was the memoirs of general grant. i think general grant's widow twiain00,000 off it and made $200,000. ublished a bunch of disasters. i think he lost about $4 million in today's money. acond was he invested in machine for setting newspaper type. --knew how many standard newspapers were published in new york, how many pages were published and how fast it would be to set the type using this -- because it doesn't join a union and it doesn't get drunk. it took so long to bring this thing to

the multiyear programs include fields like health, bio technology, digital media, game design, law, engineering, world music, education, public service and so, so much more. the showcase will be a chance to celebrate and learn from teachers, students and partners of our current pathways. middle school families, check out the great options available in high school, business industry or community partners. come join and find out how you can get involved with one or more of our pathways. hope to see everyone there. february 5-9 is national school counsellor week. we celebrate our school counsellors for their unique contributions to schools. school counsellors help prepare our graduates to live, thrive and succeed. they help with them with career, social, emotional development. counsellors collaborate with teachers and other educators to explore their potential and develop the skills, capacities and dispositions from the 21st century success. they collaborate with caregivers to focus on the educational and social growth of their children. school councillors identify and utilize community resources

we have reached the culmination of this exciting multiyear planning cycle. and i am extremely proud of the new grant portfolio resulting from this process. we welcome all 151 agencies into the dcyf family. our funding decisions were guided by the population level data that we track regularly. and by intentionally listening to our community, to our young people, to stakeholders, about what our children and families need to live in san francisco and to thrive. dcyf new investments and programs ranging from academic support to emotional well-being, from arts and music to literacy. and everything in between. this includes a commitment in our -- i'm sorry -- this includes an investment in our commitment to building the capacity of our agencies that we fund. the programs we're funding will support and strengthen san francisco's children, youth, transitional aged youth and families with greatest needs and people who serve them. we believe that the continuum of services that our grantees will provide, will make san francisco an even greater place to grow up. the pow

improve water quality and create even more wildlife habitat and in the black hills we complete ad multiyear effort to fight the mountain pine beetle, open a visitor center in custer state park and improve other facilities. on the interstates we're also refurbishing rest areas and creating welcome centers at our borders to welcome more visitors to south dakota. and to return to the analogy of planting trees, over the past seven years we have literally been planting trees, on the capital complex alone we plant planted more than 500 trees and in our state parks thousands more. among our state parks our crown jewel is custer state park. i want to talk for a moment about the recent fire. on morning of monday, december 11, the fire broke out near legion lake. over next few days, dry conditions, warm temperatures and high winds drove the fire over 54,000-acres, making it the third largest black hills fire on record. despite the arduous conditions we were very fortunate to have other own seasoned, type 2 incident team based in the black hills to lead the response. we could not have responded as qui

continued to save water and our ground water level recovered from the multiyear drought. >> on a larger scale there is measured concerns about the snow back in the seer aire supplying about 30% of the state's needs. the survey measured it at 13.6 inches with water content of only 2.6 inches. 14% of the historic average. >> we still have half a winter to go. there is time to see one or two atmospheric rivers which can make all the difference. >> we do have storms maybe in a couple of weeks might be warmer storms. subtropical storms. so the snow levels may be high. we may not be seeing much of an improvement in the snow pack with the storms. >> reporter: the valley water district does have reserves. water banked from last year's record setting storms. and imported water stored in southern california. the incertaintity of rain and snow has consumes mindful that another drought can never be ruled out. >> i think it's just going to kind of an ongoing problem. we're definitely going to have to keep the conservation up no matter what if we do have a great winter. >> in san jose, david louie ab

that is despite the fact that inventory are at multiyear highs.in 12 years in the most recent week. the method alumina producers are higher today -- domestic aluminum producers are higher today. ♪ ♪ live from london, i am mark barton. vonnie: i am vonnie quinn. are rising after it raised a full-year sales forecast. they are expecting full-year net revenue to rise about 25%. joining us is taylor riggs. a nice bump. taylor: it is about on metals. -- fundamentals. farmers are going to start to see that turnaround with the u.s. rural index in february rising to its highest since may of 2014 and the farmland price index rose, farm equipment index rose. you are starting to see some of this turnaround. 1908. i am looking at the inventory to sales ratio. fundamentals are improving and you want to see the inventory to sales ratio to climb because sales are falling or are they getting inventory because they expect it to fly out the door in the coming quarter? you are seeing a built up after the recession into the recovery. farmers will replace older tractor

it will be a lot of entrees to chew on, especially after yields moved to multiyear highs last week.t comes the same week as the fomc minutes. gauge one the closed willteeply borrowing costs compared to how the u.s. debt burdens wells, you can pull this up on the bloomberg. burden swells, you can pull this up on the bloomberg. let's cross out to james sullivan at j.p. morgan chase. we are about to set sail for those bonds. what will we find out? thing the most important we are talking about at j.p. morgan is a resumption of the phillips curve relationship. there has been a lot of conversations whether the relationship between unemployment and wages has effectively gone away. we don't believe that is the case. in reality, we are forecasting a steepening of that relationship forward. in which case, it provides an additional driver to inflation that we don't believe is fully captured in the numbers right now. so we are currently seeing the barden -- in the market what is in line with that thesis. yousef: is there additional cost to taxpayers because of the recent political drama but als

. >> and often committing for a multiyear deal.pically for companies to require that, you of people whos can really dominant or lead a particular subfield, you know, tend to be much fewer. element admits that, you know, in its methodology, it was really searching for, just based linkedin profiles, for ph.d.'s earned since 2015 and people with certain skills listings, the kinds of language we talked about a minute ago. >> so they could have missed people, or actually they could have just got the real cream of the crop that we're talking about here? >> right. just didn't have a linkedin profile, you wouldn't have been caught up in this. >> if you're at the upper tier, in terms of a.i., i'm sure post-up onthrowing a linkedin. buting against linkedin you're probably well-known within the industry and probably really sought after. ofwell, of the three sort godfathers of contemporary a.i., is googleebook, one and the third works for element a.i. in fact. havingey say they're trouble recruiting, because there's a real shortage of talent.

we had an office turning into retail and different neighborhoods, obviously, but due to the long multiyear vacancy of the existing property, i don't see any other commissioners so i'll move to approve. >> second. >> there's nothing for the commissioners and there's a motion seconded to approve this matter with conditions and on that motion, commissioner koppel? >> aye. >> commissioner richards? >> aye. judge, commissioner moore. >> aye. >> and commissioner tillis. the motion passes 5-0. and commissioners, and item 22a, b and c for case numbers 2017 2017-4555c2ua, and and 2017-455562drp. at 799 castro street and through to 3878-3880 21st street. and review while the acts admin iadministrator has comment. and you continued this matter to february 2,022nd, 2018 by a vote of 6-0. and accommodationer fall was absent, because this is the second time that you will hear this item will we provide the sponsor with three minutes in public testimony for one (please stand by) . ease stand by) >> effect climinate the fourth roof deck, and reduce massing at all levels, relocating the garage to expand the

we are adapting and it is -- you can do some things particularly with multiyear money. but we have to have this dialogue with congress and make sure that we just have a meaningful discussion about this so that nobody is surprised. we have on our side an obligation to prove our reliability, i suppose as we move forward. and we do the best we can i think too try and get after that. also, going back to this wholeness concept. the way that we bring the program together you know, starts with our strategic direction and then we've got a very integrated approach when includes keeping that nucleus inact all the way through process and at the end we check our homework. so if we started with a particular vision in mind, it goes through all the imaginations, we want to make sure that the thing at the end of that process looks like what we started with. so getting all our leadership connected closely with the fleet helps to keep that in ambulanba we can navigate the trade space of whatever the budget environment sends us. >> and last question. in the red back there. >> we had said

the s&p 500, within the s&p 500, about 310 of them as of earlier today hit 52-week highs, multiyear highs or record highs some time so far this year the first month and a half or so 70 of those stocks are still down 10% or more some traders call it, you know, bear market territory, correction territory, whatever you want to call it. these stocks have been left behind amongst some of the highlights of the stocks left behind, a transportation company like fedex down 11% from the highs it hit just earlier this year also texas instruments on the technology side down 14% from the highs it set earlier this year exxonmobil, a lot of talk about the energy sector these days given the moves in oil prices, it's after 15% from its highs and earlier this year. home builders have been a hugely hot trade, even lenar is still down 16% from the highs earlier this year. biogen off 16% overall, it really has become a market we're certain stock pickers who can actually identify some of the big bounces and some big drops are outperforming the overall market we'll see if those actively traded funds and manager

this multiyear project, mr. speaker, is vital to this nation's health and infrastructure. the northeast corridor is the only line that is profitable for amtrak in its entire -- in the entire nation. and we want to cripple that. we don't want to strengthen that. we'd like to cripple that more. it doesn't make sense. the gateway project is something that is needed. it will put americans to work. it will create a greater infrastructure and allow the two tunnels going into new york city now to be repaired. they took a terrible beating from superstorm sandy. and the corrosive salt water got into a lot of those tunnels, damaged the electrical work in those tunnels, and i'm glad my constituents around people going back and forth between new york and new jersey dent get to see the shape that those hundred year old tunnels are in. so once we create this new tunnel, it would allow us to prere-pair the other two. which is desperately needed. esperately needed. it is the nation's most critical infrastructure project that we see. it will make people safe. it will create more than 100,0

she has secured numerous grants for us, and competed in multiyear, multimillion dollar brownfield investigation and remediation and with a key component and partner in the pier 71 work. she is involved in the eco centre as a seawall resiliency team and she's lead negotiation to clean up many contaminated sites. carol has made quite a mark here and so congratulations to her. in the real estate division, kimberly beal is a dedicated property manager who protects the interest of the port every sing day. she is very meticulous and pays attention to detail and is an excellent communicator. she is new and has made a mark on the real estate team. congratulationss to kimberly. and two of the -- the executive division award was really from the port staff to our city attorneys. with kylene mali being the head of the team. port staff gave the award to our city attorneys. arlene leaves a highly effective, small team of lawyers who have completed volumous documents for pier 70, and for the mission rock project that you will see today. we really couldn't be rehabilitating and providing new neighbourhoods wit

vasileios: as far as the bond is concerned, we needed to take a break from this multiyear range in bondhaving said all that, i think there is an additional element just in the u.s. what we see is inflation getting higher across the globe. when you have this discussion about this collapse, the world is producing all of this money into the system, and all of a sudden, you start seeing inflation picking up in the rest of the world. is beingionship restored, and it is getting in touch globally. francine: do you think we have a correction coming up? a very simple s&p 500. the drop we have had since pretty much last week, it was an upward swing. does it mean that will actually get a further dip? the $1 trillion question. vasileios: [laughs] i think that is definitely a possibility, especially as far as the u.s. is concerned. the market remains quite stretch from a valuation perspective. in the think we are not environment yet in which we were are going to see a sustained bear market inequities. so, yes, if you ask me, yes, the possibility is clearly there. in i doubt that, at least the next f

not going to be zero forever >> bob, just to dig into that more with the ten year yield at or near multiyearighs. on the flip side, the dollar index, lowest level since december 2014. what's going on there? >> i think the dollar is a function of the fact that while rates are going up here, they're also going up there if you will. and economic growth good here but improving there as well. and you put that up with some of the trade issues as well and the dollar is going down shouldn't be a big surprise. >> i've been keeping an eye on transports they rolled over 10 days before the broader markets did. looking at transports now, they haven't really recovered in sort of the same way that we've seen the dow, s&p 500, nasdaq what are the transports telling us >> i think you're right to raise that question. are they telling us that the economy is not going to approach 3% real? i don't know remember, they did pretty well last year. they were a little sluggish coming into the new year not a big surprise but watch that one carefully >> bob, what else would you be looking for in terms of the character o

in may or potentially a multiyear plan for the cash in may. but i think they kind of tipped their cap on that yesterday and so i'm not so sure that's a near or medium term catalyst. >> you always put it easy to understand terms for us. talk to you again soon >> thanks for having me. >> let's wrap this up, josh. your thoughts on apple >> i think keep it very simple here this is a company that sold 77 million thousand dollar phones in a 90-day period and we're all freaking out it's never paid. it's never paid to take a quarter that apple reported, a quote unquote disappointment and extrapolate that out beyond 60 days, 90 days. into the future because they continue to come back with refreshes and new cycles at the end of the day, you have a $250 billion buyer coming in to apple shares. even if it is done over the course of 36 months. as far as the overall market, this is my last point. let's not say this is going to be an anchor that pulls down the dow. i want you to remember 2013. one of the worst years for apple. stock went down 20%. russell 20

then we will have autonomous vehicles that will drive that number down and to be aspirational of a multiyear ongoing and also just wear your seatbelt. don't let them drive impaired. impersonal responsibilities where we get zero. that is the new sign vision zero so get on board figure out how your community can get on board. and addiction can happen to anyone anywhere and anytime it is tearing apart the social community fabric. and to do everything we can to reverse that trend. it is staggering the numbers nationally you have more death than auto and gun death combined. we have a war on drugs starting in the 80s it is the worst ever in terms of overdose. with a more powerful and more fatal drugs north dakota is not immune, the the numbers are not in 2017 but probably over 70 overdose deaths last year. and to start with the understanding it is a disease and you cannot treat a chronic lifetime disease but 28 days of treatment more than treating diabetes with 28 days of insulin. we have to change the cultural view that will change our approach. you cannot incarcerate people with a health issue a