we've known for decades that microorganisms can produce pigments we're doing today at p. levy is expanding their production to an industrial scale with a view to replacing the production of petrochemical dyes worldwide on the one. seventy blatche. say they're the first to study this extraordinary natural process they're the founders of the french startup believe based in toulouse they see these microorganisms this great allies that could be used to color all our clothes without any chemicals for years they worked to identify the microorganisms best able to produce color. these microorganisms contain two talks of enzymes firstly enzymes that down sugar molecules from detroit for example and secondly enzymes that can reassemble those molecular fragments to make colorful dye more cubes. in two thousand and fifteen they finally developed a low carbon method to obtain pigment for dying textiles it's a method that's been used for centuries in the food industry you know we allow these microorganisms to ferment to bit mike fermenting beer. but instead of consuming sugar to make alcoho

because what you got is staying in that case if you it gives it nothing is that one thing is to levy j c p u it did yes it was more dangerous for you god because you give free. bloggers to do you but of course . your officer. told them to get up off the ground began to pay him down to. hurt them freeze on the sounds of an mit grown man with misleading essentially. through his own. wish to do away from the officer. of his group. the obvious or did they kind of lunge for the web in one's midst and then when it happened on trace one as the observations didn't hit him i never saw any contact with. any kind of went back to where they were so the answers back here they're trying again fifteen feet apart at this point and that's when the officer pulled his gun and even turned three. there has been an enormous concentrated coordinated business offensive beginning in the seventy's to try to beat back the egalitarian efforts that went right through the nixon years and you see it in many respects and over on the right you see it in things like the famous pell memorandum. sent to the chamber of commer

levi." the retailer placed its initial public offering at 17 dollars per share. that values the company at six-point-six billion dollars. the i-pected to raise more than 600 million dollars for levi strauss -- which is seeking to expand its brand. (ken) coming up... more than a million californians don't have clean drinking water. the debate to make sure everyone has accees. (justine) and the new challenges midwest states are facing after historic flooding.. and why some cities may not be in the clear. (lawrence)ten at ten amid hundreds of complaints about rats, discarded needles and unsanitary conditions, a large and very visible homeless camp is to be shut down in santa cruz.(justine) but as kron four's rob fladeboe reports now, the alternative is not sitting well with neighbors. (gateway plaza homeless camp) here at the gateway to santa cruz, just off highway one, is a sea of tents and tarpwhere 150-200 homeles people have been living for months. merchants say there are rats and trash and that business at the plaza is off 20-30 percent. residents are fed up. jan bryant/santa cruz resident "....people come to visit santa cruz

the dow gained 92 points, s&p climbed 6.3% nasdaq 6.4%. it started with levi's last night and lyft tomorrow. i think we could be looking at maybe the biggest run of ipos in the history of the stock market with a host of household names, companies collectively worth about a trillion dollars it will make owning individual stocks a lot more attractive than they have been in some time, at least until we get to the end of the run you got to understand, we live in a world where half of all new money goes into index funds because how poorly active managers, some with high fees have done. >> i compounded 24% annually after all fees much better than the 8% fund you would have gotten from an s&p index over the period that's why everyone loves them, including me i think they're perfect for retirement money however, with all of the sexy ipos that are on the horizon, i'm betting individual stock picking -- >> buy, buy, buy >> -- is about to become a lot more popular again i don't say comeback, but more popular. lyft if all goes as planned, in 24 hours, people who got lyft wi

p is up by two mac shares. williams-sonoma up 2.5%, levi not trading yet. >>> the good luck to the oregon ducks. they play tomorrow. >> i appreciate it. >> final four? >> what is that? >> are you going to the final four? >> they are 12 city. if they win one game i'll be happy. >> miracles can happen jason. thank you. >>> don't worry if you didn't hit the powerball last night. >> you get another chance saturday and it's getting bigger. the jackpot will be an estimated $625 million. that is the fourth biggest payday in powerball history and the odds of winning, let's say 25,000 times more likely to hit a hole in one. but there is always a winner. >> why not us? >> because we don't play. >> i actually bought one last time. $1.6 billion. >> then you didn't win because you are still here. >> i promise that if i win i will take us all out for breakfast. >>> checking the roadways right now, it is busy along the freeway. the earlier crash at coming has cleared out and that is good but the damage is done. backed up to at least highway 4. stop and go through hercules and brake lights into richmond. a litt

levi's, up big after debut yesterday. we discuss the ipo rush next. >>> first, let's look at the major averages the dow down, let's see, 281 points s&p and nasdaq are down more tn haa percent. we're back after a quick break >>> shares of levi strauss after debut yesterday. trading $22.79 a share with lyft planning to go public next week and possibly pinterest next month, uber also reportedly planning to file in april. so why are private companies and notable tech unicorns rushing to the public markets in 2019 david etheridge, former co-head of listings here at the new york stock exchange, and larry haggerty, managing director from ljh investment advisers. >> good to see you. >> david, this year just the number of shares that are going to be available, the value of the companies planning to go public looks unprecedented levi's got a great reception yesterday. how should we be thinking about whether there's enough capital out there to absorb all of this supply >> that's a good question but i'm not worried about it at all. >> not at all? >> not at all. tremendous amount of cash for deals coming forward any kind of very, very, very large deal will go o

ministrations pushing ahead with plans to impose a 3% levy on digital revenue of companies like google apple and facebobook. haviving failed to win approvaln your p. the us treasury sec official described the tax as discriminatoryry against us basd multinatatnals. and he suggested that france should wait for the oecd to lead the way. france french finance minister brutal america said though that as a sovovereign state fronts hd the right to impose whatever taxexes and wanted. what do i think that instead of issuing threats it would be more constructive a france and the united states works together on an international digital tax? six is what the eururopean union has been advocatingng. secocond what it's become obvios ththat we need t to have fat and effective taxation the digital economy we can to work hand inin hand with the united states the us admininistrationn and my counterpartsts stephen minutes . which so that's the only way forward and so wewe see the whie digital taxax to be implementeds soon as possible. shaping up to be another bone of contention there think laura i think site kay thank you very much and dates k. wee doo that with the

levi's have been in since the goldrush. >>> the dow was up 216, the nasdaq gained 109 and the s&p rose 30 points.hares were up ahead of a big announcement. >>> facebook revealed the users passwords were not properly guarded. facebook says there's no evidence anyone abused the access to the passwords but security experts say it could have affected 6,100,000,000 facebook users. it the latest privacy breach for a company under fire for mishandling private information. >>> president trump choosing sides. he says the united states should recognize israel's authority over the golan heights. it is counter to the united nations resolution. netanyahu wants the united states to formally recognize israel annexation of the land. netanyahu is one of president trump's closest political allies and is fighting for his survival in an election next month. >> it was a big night in sports. >> the pros and cons of cameras and microphones on top of 40,000 streetlights. >> the chances of rain tomorrow and the weekend ahead. flap. >>> san francisco's public utility is looking at a plan to put cameras on streetlights cit

do credit the levies with a reviving struggling industry, others say the tariffs have had a negative impact, resulting in higher prices on me everyday items. frank holland takes stock of p .ht of the trade war one >> we're urging all companies to buy american. >> reporter: that was presidentm s goal when he imposed steel and aluminum tariffs last smarch, and itms to be working. aluminum production in the u.s. is expected tncase by 60% this year, compared to before the tariffs. and there's more room for growth. domestic supply is only meeting ab20t of u.s. demand. michael bless, ceo of century aluminum said the 10% tariff on aluminum makes u.s. companies more competitive against foreign producers that sel l ater prices because they get government subsidies. >> the u.s. should be able to producsome, a vast minority in aluminum but some of its primary aluminum. 1.2 million out of 5.7 million tons here. the tariffs were the only way to right the playing field. >> reporter: he said as the tariffs took effect century aluminum has increased production by 250% and increased workers by 25%. the last quarter, the company reported a loss. the result of a sharp rise in raw material

the dow up, well, it was up 220 points, the s&p also up 30 points, 2854, breaking through that 2815 level, up more than 1%. >>> how about this. the levi's strauss ipo making investors jump out of their jeans. i hope not. the iconic american brand denim company scoring. the ipo price was 17 bucks. check this out. it's up 31%, $22.37, up five bucks from there. >>> boeing shares losing ground after a report says the captain of the doomed ethiopian airlines jet did not train on the airline's 737 max simulator. reuters reporting the captain was due for a refresher training course at the end of the month but his plane crashed on march 10th. >>> wells fargo, meantime, coming off session lows on a report that a new ceo may be in the offing. the "new york post" reporting the bank is in talks to hire harvey schwartz as its next ceo, who would replace tim sloan. schwartz the co-chief operating officer at goldman sachs, the scandal-plagued bank denying the story but there was a similar report last year that wells fargo was looking to replace sloan with trump adviser gary cohn. wells fargo down 1% today. >>> breaking news. president trump just appro

while levis had investors jumping out of their jeans yesterday. we've got details of what could be a record-breaking ipo p seas. plus, dunkin' donuts is putting its slogan, american runs on dunkin, into actual practice. more later on "fbn: a.m." ♪ a visual snapshot of your investments. key portfolio events. all in one place. because when it's decision time... you need decision tech. only from fidelity. y(danny)'s voice) tech. of course you don'te because you didn't!? your job isn't doing hard work... ...it's making them do hard work... ...and getting paid for it. (vo) snap and sort your expenses to save over $4,600 at tax time. quickbooks. backing you. cheryl: pinterest stepping up plans for its initial public offering. the wall street journal says the company is preparing to make the filing public as early as today. and list shares on the new york stock exchange by april. pinterest looking to go public as the market for ipos has picked up speed. levlevi strauss made a strong py yesterday. lauren: the ipo market was very much closed, now it's reopening again. uber another company, much anticipated public

p on track again for highest close since october 9th, carl. >> meantime, the ipo market heating up lyft and uber ready to go public along with jeanmaker levi straussming levi's ipo, what it means for retail courtney, good morning >> good morning. denim lovers can invest in more than just a pair of levi 501s when it goes public for the first time in more than three decades on thursday. levi goes public as big changes are under way with the next closest u.s. competitors and u.s. consumers have been swapping out jeans for yoga pants. levi strauss is the biggest denim seller vf corp's wrangler is second followed by old navy and american eagle and target. gap inc is spinning off its old navy into its own publicly traded company, too. these newly public entity comes as jean sales in the u.s. are forecast to improve, but slow globally through 2023. research from bernstein analyst merryman shows at leisure market share has grown in the u.s. at the expense of den nim the last five years nike, adidas, lululemon, under armor and athleta have grown as have ralph lauren, gap, j. crew and ba manna republic have lost apparel share. but they see the trend turning