peter chang has responded in a letter apologizing.he receipt has two extra lines with words we had to blur out. we are told that chang speaks very little english but the cofounder of the seven restaurants gave us an interview through facetime. >> did you make a practice of having your employees write on the receipts describing customers? >> never. never capable to do it. i was so shocked. cheryl: they translated the letter for peter change who described he is firing four people including his daughter a manager who wasn't at the restaurant saturday night. >> according to the assistant manager, they have been doing this. >> management said they were too busy to have us in the restaurant today but i wanted to know what my receipt would say if i made a food purchase. with my egg drop soup on this rainy day, my receipt reads $2.20. thank you. chang says he will have consultant to improve management at the arlington location. >> disappointed but we enjoy working with you today and serving you today. in arlington, cheryl conner, abc7 news. l

the change coming to peter chang.ow the story can ge steve: we are looking at the open houses on saturday. temperatures are in the lower 70's but be on the lockout for thunderstorms late afternoon and the early everything as a cold front moves across the method atlantic. the frontal system will clear for the day on sunday and the taste of arlington. fantastic weather. temperatures in the middle 60's. a lot of sunshine to enjoy. i'll take you out to look at the next seven days. cooler come early next week. the daytime highs in the upper 60's. leon: hundreds of youngsters gaining skill to succeed with a unique non-profit. they have a unique program. they take soccer to combine it with poetry and service learning. that makes d.c. scores this week's "harris' hero." in a northwest d.c. neighborhood, more than 50 elementary school and middle school students are having soccer practice. >> tet the shot off. most wouldn't even get this kind of shot. if not for the d.c. scores. a free year-round after-school program that combin

. >>> pink slips are going out at peter change's restaurant in arlington.wo waiters, a manager and the majority owner's daughter are being let go after four diners, three of them wearing plaid received a check with insulting words on it. you can see them er gate had the internet abuzz. >>> hundreds of small authors in maryland are trying to write their way into the guinness book of world records. all 500 students in annapolis gathered in the school's gymnasium to try to set the record for the largest writing session. they had 30 minutes to write the story. we will let you know the results as soon as guinness makes a ruling. >>> tug-of-war in the spirit of cooperation today. >> prince george county executive baker and his anne arundel counterpart steve shu battled it out. sadly for the friends in prince george mr. baker lost two out of three contest. i bet they got money, too. it was wet out there for sure. >>> trending ag e angry over changes to the picture sharing site. >> and how ordering pizza multiple times a week saved one man's life. >> that's a story

the receipts in question came from the peter chang in arlington, virginia.mer who was insulted says he had a disagreement with the wait staff which led to them writing the vulgar notes on the receipt. the owner and name-sake of the restaurant fired the two servers who wrote the notes. the manager on duty at the time the notes were written. and even his own daughter, who wasn't at the restaurant at the time, but served as the general manager of the franchise. up next on the kron 4 morning news. we'll show you the world's largest airplane. and what it's used for. and later. why some supervisors are calling for the san francisco's police chief to resign. the world's largest airplane landed in prague tuesday, on its way to deliver a 117-ton power generator for a mining company in the australian outback. and today, it is scheduled to take off again. the plane has several stops on the way to perth. that is where it's expected to land on sunday. the six-engine, 600-ton plane is the only one of its kind in the world. it was built in ukraine during the 19-80's and wa

peter: and the fact that they could not do that in washington. should there be a change in that mandate and some of the sunshine laws? tom: interesting, peter, some of my thoughts on that have evolved and i've been -- become a traditionalist. there are a lot of good reasons why the procedures of the commission are as they are and have been this way for decades. and for every action there is an equal and opposite reaction ised kind of thing that makes you think, well, wait a minute now, is this really something we ought to be challenging at this point in snime so i think hat it is always worthwhile to explore, to ask the questions, to have the dialogue, to talk among our colleagues on capitol hill who write the rules. the question is, is there a necessity to change that which for the last multiple decades has been operating very successfully? peter: chairman wheeler, how do you get your video? what's your experience at a consumer? tom: i get it every way possible. i get it on multiple devices. i am a happy comcast subscriber in washington, d.c., a happy atlantic brad bann

i think that's been problematic and i would like to see those things changed. peter: in a couple of weeks, you will be visiting with the cable industry at their annual show and one of the issues that will talked about is set top boxes, where are you on that? michael: you outlined my position. so i did vote against what the commission was proposing. in fairness, my view points are fairly well known. i would like to get rid of the box. i do not like a set top box. they are old and do not provide the modern function atlanta that the xpect out of today's proposal that the chairman put forward, he had the opportunity to go one of two ways. how do we regulate and install what a set top box should be and what do you charge for it and what does it look like for the streams going in and out of it. the other approach is to adopt a modern view point. it is changing and moving to an application-based structure. everyone uses applications. in the video marketplace is no different. we could eliminate the box and let consumers save all of the money they pay for representing boxes a

right something oh, man it's a hot place no the less in southeast he boat beat out arlington peter chance chang and four other chefs from philadelphia and baltimore. silverman won for his restaurant. >>> luxury best restaurant in the entire country in 2014. >> coming up on "fox" news morning handwritten lyrics from a small band from liverpool england goes up for auction. >> and president obama traveling more that 500 miles to meet an 8-year-old girl whose letter went viral. >> let's take a live look outside on this wednesday morning. 56 degrees right now. you know what? it's yucky outside that's the official term. no the less we'll get through it together. stay with us you're watching "fox 5 news morning" sip up an afternoon pick-me-up at dunkin'. come in for a medium freshly brewed hot or iced coffee for 99 cents from 2:00 to 6:00 p.m. america runs on dunkin'. >> closing arguments continu continuing today in the trial of alleged serial killer franklin jr. in california known as grim is sleeper and he's charged with murdering 9 women and teenage

peter: he uses a 4 -inch driver, too. that's old school. nick: yeah, he has to when he changes directions so much. rooks has got to nick: that's a good lie. peter: 167 yards total to the flag. yeah, you can take out hazard stakes there. they are immovable. he still has a good shot. just throw this inside a 15-foot circle. peter: if he's going to do it, he's doing it with a pitching wedge. nick: oh, my goodness, what is that? bill: turned away. he knew immediately. bill: that's miles out. that's not even close to the right club. it's all happening in a mad rush for him, isn't it? doesn't look like he's focused on what he's up to. bill: last time there was a playoff here, water was a factor. in 2007, palmer landed in the waters with his approach shot and keegan bradley went on to win so the door is open for dottie: that's a 58-degree wedge on the way. a slight touch to the right. smart, smart play. nick: yeah. brooks has to chip it in, hole it for a four, which seems unlikely. watch sergio on the downswing again. traps the golf ball. peter: watch how much shaft lean he has on this one. this is unbeli

peter: they consistently change their views and their messages.back to the rate hike in december, that was based on a series of economic data. when you move into the beginning of this year, all that economic improve, but to they ignored it. to pay much attention to what they are saying is quite difficult. i can understand their objective is to ensure the markets don't get ahead of themselves and expect no rate rises. i don't think it's surprising you have certain individuals coming out to say, it's not a one-way bet. our view is you are in an environment where you will see one-to rate hikes rather than 3-4, and there is no real rush to increase rates. view you should increase rates to preempt inflation. i would argue the opposite. i would say, the bigger risks longer-term are deflationary, and why would you try to preempt inflation. you should allow it to take hold. previously, we were getting these more dovish messages from the fed about online the economy to run a little hot. return ofen a inflation in the u.s. peter: i think you are seeing a re

anyway, it is good that peter goes through how these political changes came about and why they came about. from the earliest d.c. was seen as political arm of the fed with reserve banks more representative of the economy and that's even more true today. the regional reserve banks have shed their influence of bankers. their directors are broadly representative of their communities including labor union members while the board of governors has often become much more political. and i agree with peter that the new york fed is something of an exception. it is often been captured by the bankers in new york and therefore they were not always acting in the interests of the public. that's not inevitable. there were, as i said, presidents strong who was correctly named. there was sproul and volcker. i worked in the kennedy treasury. paul volcker came to be my boss. so i have known him since 1961 and i can assure you no one told paul volcker how to run the new york fed. there are three major issues on which peter and i disagree pretty fundamentally. first is the issue of independence. second is safe

these ideas change around. and as peter points out, it is not the case that for objectively correct answers to the problems of monitor policy and that they are formed with what we cannot unfairly call ideology. in his book, es entral banking practice is plagued by uncertainty. odern failure, imperfect data. and central banker ideology. central bankers are adjudicating between conflicting claims, he writes, and con flicting views of that uncertainty. these failures, these ideologies. this may make us think of a great letter which was written to the financial times a year or two ago which said in mathematics there's one write answer. in literature, all answers are right and in economics no answer is right. because the uncertainty is to high, peter's word "adjudicating" while it's arguable, might be replaced by the word "guessing" and i think there's a lot of guessing involved. i mean guessing by knowledgeable and intelligent people but guessing nonetheless. because uncertainty is high, the natural human reaction is to cluster

changing his opinions on edward snowden. saying that the snowden perform ad public service. i will ask colonel ralph peters what he thinks of the change in stance and ag's legacy as a reminder snowden has been charged with espionage. >> he actually performed a public service by raising the debate that we engaged in and the changes we made because of that debate. and to your customers. with centurylink you get advanced technology solutions, including an industry leading broadband network, and cloud and hosting services - all with dedicated, responsive support. with centurylink as your trusted technology partner, you're free to focus on growing your business. centurylink. your link to what's next. : . >> snowden did what he did, but i think that he actually performed a public service by raising the debate that we engaged in and by the changes that we made. i would say doing what he did, and the way he did it, was inappropriate and illegal. deirdre: former u.s. attorney general eric holder changing his stance on edward snowden. snowden leaked classified information about the u.s. government the way that it fu

peter: the first gulf war changed the whole nature of foreign coverage. it represented the american , certainly the one that cnn and ted turner was creating in the 1980's. they decided to expanded the restraint beyond american interests to cover the other side. to look at both sides of the story. this happened happened in the past. -- this hadn't happened in the past. saddam hussein and his people invited cnn to stay. other media were included. but it was cnn that decided to stay in baghdad. why did we do that? one was the vision of ted turner, that believed that cnn could be a vehicle to get both sides of international stories. the other is that we had the technology to actually effectively do live coverage of a war theater. this hadn't happened before with 6-7 satellite. this was from your own tom johnson, who had taken over cnn a few months earlier. he used his contacts to use one of the first cell phones, an 80 monstrosity sent to baghdad. [laughter] when the war started, we were able to cover it despite great objections from the to u.s. government an

nicole: peter barnes we thank you very much. accusing hillary clinton of changing's a liar, she supports the obama clean power plan which will cost americans $3 billion in 48 states and increase electric rates. she is flip-flopping, she's lying because when she said she would put us out of business, she said it and boasting and with a huge smile. nicole: adding clinton would continue the destruction of jobs and economy in america just as president obama has done. lauren: time for a market check and getting global market action overnight. in asia shanghai composite up, golden week, spring break in japan. the hang seng in hong kong, however, down 1.8%. nicole: ubs missed quarterly numbers and that's putting pressure on bank stocks we have seen. germany dak down, cac quarante down 1.5% and ftse in london down nearly 1%. lauren: yesterday the stock market had up arrows for the nasdaq, look at this, selloff 102 points, s&p down 12, nasdaq down 29 points this morning. nicole: here is a look at oil and gold, 44.50, barrel down 28 cents, gold is gaining 12.99 a troy ounce.

. >> in this memo announcing staffing changes, peter neffenger announced a new leadership team at chicagonternational airport, one week after 100 passengers stranded overnight and forced to sleep on cots. nationwide tens of thousands have missed flights as screening slowed. tsa blamed increasing number of flyers. on friday neffenger promised performance. >> i think you'll see crowds in airports. my goal is to keep you moving. we can't have a situation like we had here in chicago again. >> also in that memo we learned that tsa has set up an incident command center, that's to more quickly respond to screening delays and challenges, be able to move people to address those issues. we should tell you mr. hogan did not respond to our requests for comment overnight. gayle. >> thank you, kris. >>> egypt's top forensic official denies a report this morning that human remains from egyptair flight 804 suggest an explosion on board. so far no traces of explosives have been found. our french navy ship has arrived to help recover the plane's black boxes. the search effort is focused in the mediterranea

peter has this line, the keeper of the currency is the one that has to enforce the commitment not to steal money through inflation. is the fed formally committed to perpetual inflation? these ideas change around. and as peter points out, it is not the case that there are objectively correct answers to he problems of monetary policy , and that they are formed with what we cannot unfairly call ideology. so peter observes in his book, central banking practice is plagued by uncertainty. modern failure, imperfect data. and central banker ideology. i tnt know about the even, peter. i would say central banker ideology. central bankers are adjudicating between conflicting claims, he writes, and conflicting views of that uncertainty. these failures, these ideologies. this may make us think of a great letter which was written to the financial times a year or two ago which said in mathematics there's one right answer. in literature, all answers are right and in economics no answer is right. because the uncertainty is to - so high, peter's word, "adjudicating" while it's arguable, might be replaced by the word "guessing" and i think there is a lot of guessing involved. i mean guessing by knowledge

so is the treasury secretary going to be forced to change what his plan was? peters on the island right now. he's got an exclusive interview with the treasury secretary. it's going to hit after the bell. but, peter, give us a sense of whether he's going to be forced to change his tone. >> well, they're threatening that, liz, because, you know, as much on capitol hill, that would allow puerto rico to structure $70 billion in debt, of course a big issue for investors in this debt. and also to investors in tax-free municipal securities and state securities in general. so a lot of folks are watching this. but right now we're down in puerto rico with treasury secretary who is securing hospitals and secures because the territory has had to cut funding for them as a result of the financial crisis. but secretary also trying to get support for this legislation on capitol hill that would provide this relief. and right now at least governor of puerto rico says that if this law does not pass, he says that it could cost u.s. taxpayers a cash bailout of $20 billion or more. very

change. what is the biggest challenge for deutsche bank in achieving this a turnaround? peterrnaround has many elements in it. they are trying to change the balance of the earnings mix of the bank. they are trying to strengthen the balance sheet. they are trying to revitalize the technology platform. they are trying to do all of these things, and all of these things achieved would be quite positive. but they are challenging [indiscernible] its award space since early january, falling 5%. is set to bet buying the internet business. why did at&t come back into the game? we had heard earlier it was dropping its bid. >> we don't know if we were fed misinformation or at&t changed its mind about yahoo!. verizon and others are at the point where they can only do so much u.s. wise from m&a standpoints. regulars will not allow them to buy a camera company -- cable company. so the digital aspects like yahoo!, it is probably somewhat appealing. you can make a small bat and develop something down the road that is appealing to wireless. where's go to vietnam boeing has won an order for the

the story apparently changing once again. peter, tell us a little bit about this event at mrs.s house. how exclusive was it? >> it depends on who you ask. the mcauliffe campaign says it was large. but the chinese doctor said he was 1 of about 100 guests for the fund-raiser for terry mcauliffe. but "time" magazine reports the democratic front-runner around the controversial busy man did shake hands at the event and a few weeks after very briefly crossing paths, one of mr. wang's companies donated half a million dollars to the clinton foundation where terry mcauliffe sat on the board. now wang has also met with bill clinton twice over the years, including at an event at bill clinton's house in new york. but hillary clinton, not accused of any wrongdoing. all thing fingers are pointed at the virginia governor who is, according to his lawyer, being investigated for allegedly lobbying the u.s. government on behalf of this chinese entity whose business interests contributed more than $11 hu$10 to the mcauliffe campaign, though mcauliffe says that never happened. >> so he thought enou

the peters amendment would codify the commonsense principles of the hagel memo, ensuring liberal consideration will be given to petitions for changes of character-related service conditions related to ptsd or t.b.i. before review discharge boards. the peters amendment clarifies that ptsd or t.b.i. claims that are related to military sexual trauma are also included. our bipartisan amendment is supported by a number of veterans service organizations, including iraq and afghan veterans of america, disabled veterans of america, military officers association of america, the american legion, paralyzed veterans of america and the vietnam veterans of america. we also have bipartisan support in the house of representatives, and i appreciate the work being done by representatives mike kaufman of tol and tim walls of minnesota who have introduced a companion stand-alone bill in the house and are supportive of this amendment before us. service members who were subject to a bad paper discharge and are coping with the wounds inflicted during their service should not lose access to benefits that they have rightfully earned. that's why we must ens

the tsa had peter massinger announced a few more changes yesterday in a department by of five letter.hem at chicago o'hare international airport which has seen some of the worst ways. a new team that will oversee screening operation and incident command center has been established at headquarters. these adjustments will enable more focused leadership in screening operations at critical airports in the national transportation system. however maria, the passenger boarding planes that destroy obama will do so today in the weeks to come as this. are these adjustments a permanent solution are just a first step in a system that still day as a whole lot of fixing going forward? we will see in the upcoming days. maria: we will be watching that. blake burman turning to the latest from the campaign trail. the general election is swinging further with republicans in washington state set to cast their votes today, presumably giving trump 44 delegates. this is a gop presidential nominee gears up for his first court native fundraiser at the rnc in new mexico tonight. my neck just as trump will have

. >> but i don't think peter thiel's involvement changes all that drastically. that was the case and belief that people thought even before peter thiel's involvement was revealed in this that that case because it was a jury, that it would probably be cut back on further review. >> the question is whether hulk hogan would have gotten as far as he did without the support of peter thiel and the second -- >> -- yesterday didn't mean anything? >> no. that case ultimately needs to be appealed or the will be appealed to another judge. the question around peter thiel now phenotyin the context of thl and larger story is whether in discovery they are going to determine that not only was he financially supporting it but whether somebody like hulk hogan was being compensated. >> being paid to take his. >> sure. -- >> and you are being compensated and then you are on the stand it all becomes much more complicated. >> so they suggest there were payments not just to his lawyer by to him? >> unclear. i asked the question to peter directly and said did you compensate hulk hogan a

we saw barack obama, as you well know, peter, back in 2008, people said he changed the way the internetl media could affect a campaign. bernie sanders takes that next step. that doesn't mean everybody is rejecting the tried and trues. we decided to follow the money. >> how good am i? >> the most unpredictable campaign ever is about to become the most expensive campaign ever. piles of money, astonishing 1$12 billion raised so far. where's it all coming from? depends on the candidate. exhibit 1, small donations from lots of people. >> averaging. >> $27! >> this is bernie sanders digital edge war room where 21-year-old pennington built a donor list other candidates lsu after. >> reporter: how many donors and how much money so far? >> we have more than 2$2.2 million and more than 2$210 million as of our last report. >> reporter: a big chunk of sanders money goes here, to the award packed offices of ed garu and ted divine. >> no one before came into this and said he or she will try to raise money almost exclusively from low dollar donors and do it from such a massive scale. that's incredible

. >> peter would say we're going through a structural change. >> going through a structural change then coming into the job market. coming-of-age and so forth. too many college graduates. we are always going through structural change. that began when somebody ripped a tree down. called it -- >> you need to adapt with it. that is the lesson. thank you. >> take care. >> we will see you back here. ♪ you're late for work. you grab your 10-gallon jug of coffee, and back out of the garage. right into your wife's car. with your wife watching. she forgives you... eventually. your insurance company, not so much. they say you only have their basic policy. don't basic policies cover basic accidents? of course, they say... as long as you pay extra for it. with a liberty mutual base policy, new car replacement comes standard. and for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. learn more by calling at liberty mutual, every policy is personal, with coverage and deductibles, customized just for you. which is why we don't offer any off-the-shelf

instead, peter man faults incompetent airline procedures which change flight co-ordinates without warningent appeal by air new zealand, the new zealand court of appeals faults man for overstepping his authority but does not overturn his findings. the people of new zealand have never gotten a clear answer to questions about exactly who is to blame for flight 901. >> everybody has opinions. but a lot of the evidence just has never been considered. >> one thing both reports agree on, weather was a key factor. >> the record shows that they had thought they could get into clear air below the cloud at about 2,000 feet. >> a weather condition called sector whiteout made the flanks of mount arabis seem to disappear. the illusion caused the approach to look identical to the approach they believed they were flying. >> they were seeing what they expected to see. a cloud base above them, a bay or whatever in the front. mountains to either side of them. exactly what they expected to see. >> the whiteout conditions are very, very, very real. to be able to tell what's ice and what's overcast skies, the

head of transportation security administration peter neffenger announced several changes in memo.uded. long security lines the latest problem for the tsa last year the tsa inspector general issued a report that agents failed to detect fake weapons in the 5% of their -- 895% of the their tests. all that came they paid hoggan 95,000 in bonuses across 13 months. house oversight reform committee asked neffenger if he would discipline and dismiss hoggan pro his position. declined. said there was no evidence of he replaced hoggan with his deputy. it details changes at chicago o'hare's air report, at a spot this weekend where hundreds of people missed flights because of security lines two to three hours, eric. eric: as we head into the busy summer travel season is there a sense these changes will actually work? reporter: that's right. ahead of memorial day weekend. neffenger's memo claims the changes will have more focused leadership in screening operations around the country but there is skepticism around that. "the new york times" report that tsa employee claimed these changes are mean

change. mark: what is the biggest challenge, then, for deutsche bank in achieving this big turnaround? peterrnaround has many elements in it. it has been a very disciplined execution by the new management team. what they are trying to do is change the balance of the earnings mix of the bank. they are trying to strengthen the balance sheet. they are trying to revitalize the technology platform. they are trying to do all of these things, and all of these things, if they were achieved, we think would actually be credit positive. but they are challenging to achieve them all. shery: yahoo! having its award space since early january, falling 5%. telecom giant at&t is set to be -- is a said to be interested in buying the company's internet business. why did at&t come back into the game? we had heard earlier it was dropping its bid. alex: we don't know if we were fed misinformation or at&t has sort of changed its mind about yahoo! are both atizon the port where there is only so much they can do, at least u.s.-wise, from m&a standpoints. they cannot by another wireless network. regulators will not al

peter, as a campaign person, how have you seen the change in the role of the media and its impact on campaigns and which candidates are elevated? >> wow, that's -- that's a tough -- a tough question to break down in say, 60 seconds. let me give you an example of the following things that are new to this cycle. donald trump as a candidate was able to push just about everybody else out of the news cycle on any given day because of the things he said or the things that were going on. i mean, my god, we had coverage last week on cnn, a station i don't usually watch because fox is what i watch, just to make sure i need to be indoctrinated into the world. they're covering him coming out of the rnc. this is like o.j. again. why? so what happened is this, when you're a campaign operative. when you're working on a campaign, as many of you in this room know, you're doing everything you can to get ruth marcus to write about you. hopefully favorably, right? or to get on a television program. or to get mentioned on a sunday show. everything you can. most of what you're having to do is get your me

of the tsa took a grillening ott capitol hill today and pledged that change is coming to deal with long airport security lines. peteringer said the agency is adding 768 new describers by the middle of june. tsa officelers be moved to checkpoint duties at the busiest airports during peak times and that government officials will coordinate with major airlines. >>> septa is teaming up with the driving service uber to ease the parking crunch at train station lots in the philadelphia suburbs. the partnership allows septa commuters to take uber to a train station for a deeply discounted price. right now this is just a trial run that will last through the summer. it includes 11 of the busiest stops including exton, doylestown, and glenside. >>> here's tonight's special report. "action news" reporter erin o'hearn shows us a groundbreaking procedure that is used for humans but now it is being used to save man's best friend. >> reporter: almost anyone in law enforcement will tell you how valuable canines are. they not only protect their handlers from unknown threats but are extremely loyal partners. however, the intense train

change you. and business professor, peter navarro. peter, let me start with you to make the case here. donald trump saying a comment like that. everyone around the world owns america's debt and thank god they do, because that's how this country can borrow and spend the way it does. every other country would be in deep trouble. we are not. is donald trump really the right guy to manage america's debt? >> boy, is he ever. and the king of debt really is barack obama. and let's set the table here. in 2008, our national debt was about $10 trillion. now it's close to $20 trillion. and it used to be 67% of our gdp. now it's over 100%. at the same time, erin, as you know, the federal reserve's balance sheet has swelled enormously. >> okay, all that may be true, but donald trump's plans would add so much, make the case, please, why that makes sense. >> whoever -- whoever comes in january, is going to be -- have to manage the worst debt crisis we have. now, in business, it's strategic management of debt that is on the ceo and cfo. trump will do that far better than hillary clinton. so that's the

the chairman of the homeland security committee said in ari changes needed to the tsa screening process. no one knows better than tsa chief peter nephinger that something has to be done. he was on the hot seat on capitol hill facing lawmakers that are demanding answers. >> the hearing is being called long lines, short patience, the tsa experience. which for many has not been good. >> i thought this is nuts. and there's no reason for that to happen. >> reporter: hundreds of people waited hours to get through security lines, missing their flight and leaving some stuck at the airport. >> if you come early, it's fine. but if you come and rush at the last minute, you'll have some issues. >> reporter: their trip through the security line was easy but that was not the case before 5 a.m. today. >> when i came in, i thought oh, my goodness. the line is up all the way to the metro station. >> reporter: thankfully for those i but at dulles airport this morning, katie says she waited in line for two hours. tsa knows you hate the wait and they're not trying to ruin your summer vacation, but your travel could get off to a rocky start if the

changes. >> investor peter teal hiel is n for becoming investments likes facebook and now he's known for backing the hulk hogan lawsuit against gawker. we've got a lot of stuff to talk about but i'm going to throw it out there. is this the hottest topic in silicon valley right now? >> a lot of people are talking about it and a lot of people are thinking about it. i actually know people on both sides of the issue so this is a tough one. at the end of the day one of the things i'm thinking about is did they violate hulk hogan's privacy, and when you think about this in the whole debate no one is even talking about that anymore. all coming down to where the money is going which i agree is interesting. >> the reason we're all so focused on the privacy issue is pete thiel thought his privacy was violated. we as journalist talk about this, we're trained in this, the minute you're as big a person as hulk hogan you've given up your right to privacy so this is an interesting case. peter thiel is a different question. is had a celebrity? what is he? does he have a right to privacy when it comes to his sex

peter: what you think of the current makeup of the sec? rep. upton: i would like to think being a republican, things might change in november and we will take an edge and we will see change there. but we will see. fred upton, chairman of the energy and commerce committee joins us on "the communicators." congressman fred upton brought us to the ford display to see what you were displaying. gary jablonski is with ford motor company. mr. jablonski: we brought two things to the show. this is a third-generation of this technology. ford was the first automaker to bring connectivity technology into the car in mass-market numbers. that in 2007. we really changed the industry in the way the industry approached consumer electronics in cars. this is the third-generation. it launched 12 months ago. it is focused in this generation on the user interface and making the system as easy to use as possible for customers. the other thing we are showing technologies wrought by apple and google to let you integrate your experience with your phone into your car. i have my iphone, and all i do is plug it in, and you will see that the display will change when apple d

change it. but people seem hell-bent on destroying themselves. what do you do? peterwhat do you make of all that? [laughter] i'm fascinated to hear what you have to say. ulrike: what am i doing with the death wish? let's take freud out of here and do politics. i would argue it does not fall from heaven, first. there is a 15-year-old tradition , and another very prominent figure, which was the uprising of modern right-wing populism, which came from austria, 15 years ago. which, by then, we stitill pursd on the legal side of the gotpean union, because we article seven and we wanted to do something against. it could buy time. -- ita seems toto be doesn't come from nowhere, but it hasas been undercover for a long. now in the whole development mr. posener and as said, it is not just us,s, it is america with mr. trump. it is in poland as well. right-wing populism. i think what has been latent in thisustrian case now gets way. it brings austrian potential to another ethic. what can you observe is not so distinct from whatat you s see elsewhere, which is that there is a polit

peter dixon, the global financial regulator at commerzbank. great to see you. there is nothing fundamental that has changed, apart from this extra stimulus, giving a little bit of impact on growth. and i think china has been a source of concern for policymakers for a long time. we are now talking about debt. numbers,k at the china's debt to gdp ratio is on par with that of japan. that if there is some form of correction deleveraging, it will have a far bigger impact on the economy. obviously the authorities are trying to make sure that the degree of the collapse is far less brutal than perhaps it might otherwise be. i am not sure that i witnessed a silly think we could escape the isd landing and larry fink right to raise concerns. francine: when? 12 months, two years? think always been led to if it was managed in the right way it wouldn't manage boom and bust. >> it may not, but it couldn't be the kind of correction we saw in 2008. by chinese standards, it could be quite nasty. francine: but a hard landing is a huge deal. that is something that could be systemic for the rest of the world. >> indeed. it's u

peter: i don't think that a small change in the fed rate is going to make a difference in the way ceosng a transactions for the cost of capital. it is too small a move. what we are focused on is the longer term trend and if there is a series of near-term moves, what does that say about the longer-term is marked -- the longer-term? tom: is m&a busy because of the search to substitute phenomenal gdp? maybe a little bit. but the cost of capital right now is so cheap and growth is so low that yes, you would think so. between now and the end of the year, i am going to be more optimistic than you on m&a with volatility much lower than it was eight weeks ago, and what the cost of capital still low, like you said, 25 basis points on short-term interest rates means nothing. i think as a prize between now and the end of the year, we will see much more m&a. peter: from your lips to god's years. [laughter] tom: there is a new frenzy urgency. our sane decisions being made -- are seen decisions being made? peter: i don't think there is any systemic sloppiness around the m&a business. the m&a market

the big lesson for most of these areas and peter and others can talk about some of the policy changes that came out of that and other areas, but you have to know what you have before you can do much about it. that's where a lot of the us still at that knowing what we have phase. >> maryanne. >> we do have a lot we can learn from other countries. australia has been mentioned. in fact, peters comments with specific institute worked with us for water efficiency and the institute for sustainable futures in sydney and we published a report released a couple of weeks ago on the australian experience with their millennial drought and with the lessons are that can be applied to california from that experience. so, what australia did in terms of changes to its policy and the investments made both good and bad can be used as a constructive example for other climate read in areas. israel, of course, is a huge model for us and seth siegel recently publishes the: b water we have been following what israel has been doing for a long time and we will hold a conference in tel aviv to showcase a lot of

change. >> david. >> and, peter, finally, don paulson and representative of carl icahn of course slated tooin the board of directors. how would you characterize their addition at this point? is it going to create friction on that board, or do you think given your -- i would assume you've already been interacting with him that it will be a smooth transition? >> to be clear they haven't joined the board yet. that will be at the next board meeting, but we certainly have stepped up the level of interaction and transparency. i'm happy to say with a greater engagement we're finding a lot of common ground. and i think with a large holding in aig stock, they're totally aligned with whatever it takes to improve the long-term value of this company, which is all about improving operating margins, being more capital efficient and focusing this company where it can win. >> peter, it's good to have you. welcome, thanks so much. >> good to see you again. >> peter hancock aig. >> thank you. >> dow now down 169. we'll get stop trading with jim after a break. hey, jesse. who are you? i'm vern, the orange mo

change. mark: what is the biggest challenge, then, for deutsche bank in achieving this big turnaround? peterrnaround has many elements in it. it has been a very disciplined execution by the new management team. what they are trying to do is change the balance of the earnings mix of the bank. they are trying to strengthen the balance sheet. they are trying to revitalize the technology platform. they are trying to do all of these things, and all of these things, if they were achieved, we think would actually be credit positive. but they are challenging to achieve them all. shery: yahoo! having its award space since early january, falling 5%. telecom giant at&t is said to be interested in buying the company's internet business. why did at&t come back into the game? we had heard earlier it was dropping its bid. alex: we don't know if we were fed misinformation or if at&t has sort of changed its mind about yahoo! at&t and verizon are both at the point where there is only so much they can do, at least u.s.-wise, from m&a standpoints. they cannot buy another wireless network. regulators will not al

as peter would has said -- peter wood has said, somerset place has changed the interpretive paradigm. one of the largest plantations in north carolina is a educatele site used to citizens about the social history of african-americans. at somerset, a paradigm shift has moved to the interpretive history from exclusivity to inclusivity, from invisibility to visibility, from the anemic tour of the community narrative to the historically integrated t our. [applause] >> and now, dolores hayden will help us understand why looking at the challenge of place -- with a lot of her work. dolores, if you would? lonnie. thank you, i am honored to be here. it has been a remarkable couple of days. i have learned a great deal. shapes of called "the time." outside the doors of history it reveals the shape of political and economic life to those who can decode the landscapes. preservation has been a field dominated by architects and architectural historians, who favor places owned by the wealthy and designed by celebrated architects. but urban vernacular buildings offer the possibility of interpreting ev

the blues won 2-1 in game 1 on sun day sharks coach peter deboer -- read that wrong -- sorry, steve. stop laughing. they have didn't chang his routine to prepare the team for game 2. games 3 and 4 will be in san jose. speaking of the sharks, q 102 which usually plays hip hop announced they will not be playing any nellie music. you know why? because nellie is from st. louis. so they are going to not play -- >> that's when the joints played the royals and they played -- i don't know that song, royal, who sings that song? >> lordes. >> q 102 will stay on the sharks side. after the sharks win, i assume they'll go back to playing. >> from the ice to the hard wood, still counts as the warriors lost. but the nba said that the referees didn't blow the whistle. i was blowing the whistle at home. look at all those steps. come on, now. steve kerr in disbelief. i was in disbelief one, two, three -- >> they don't call traveling in the nba these days. so they got scared >> it's like five steps. >> warriors down by 3. they could have had the ball back, drained the 3. the thunder went on to beat golden state 108-103 to take the first ga

change. mark: what is the biggest challenge, then, for deutsche bank in achieving this big turnaround? peterthe turnaround has many elements in it. it has been a very disciplined execution by the new management team. what they are trying to do is they are trying to change the balance of the earnings mix of the bank. they are trying to strengthen the balance sheet. they are trying to revitalize the technology platform of the bank. they are trying to do all of these things, and all of these things, if they were achieved, we think would actually be credit positive. but they are challenging to achieve them all. shery: yahoo! having its award space since early january, falling 5%. telecom giant at&t is said to be interested in buying the company's internet business. why did at&t come back into the game? because we had heard earlier it was dropping its bid. alex: yeah, we don't know if we were fed misinformation or if at&t has sort of changed its mind about yahoo! look, at&t and verizon are both at the point where there is only so much they can do, at least u.s.-wise, from m&a standpoints. they ca

change. mark: what is the biggest challenge, then, for deutsche bank in achieving this big turnaround? peteround has many elements to it. it has been a very disciplined execution by the new management team. what they are trying to do is to change the balance of the earnings mix of the bank. they are trying to strengthen the balance sheet. they are trying to revitalize the technology platform. they are trying to do all of these things, and all of these things, if they were achieved, we thi would actually be credit positive. but they are challenging to achieve them all. shery: yahoo! having its award space since early january, falling 5%. telecom giant at&t is said to be interested in buying the company's internet business. why did at&t come back into the game? we had heard earlier it was dropping its bid. alex: we don't know if we were fed misinformation or if at&t has sort of changed its mind about yahoo! look, at&t and verizon are both at the point where there is only so much they can do, at least u.s.-wise, from an m&a standpoints. they cannot buy another wireless network. regulators will

hogan has been reassigned, replaced by a deputy the move comes at the tsa chief, peter neffenger, looks to make changes after complaints. hundreds of passengers paralyzed in security lines as their planes took off at chicago's o'hare airport without them. leaving many of them stranded and sleeping on cots. >> i think we have a shortage of staff across the system. we're moving people into the areas of greatest volume and greatest need. >> reporter: the problem, a record 2.2 million passengers a day, on average. and the tsa simply doesn't have enough screeners. 117 walk off the job each week. more than 6,000 officers a week. neffenger and his boss, homeland security secretary jay johnson, promising officers would be reassigned to chicago's airports by mid-august. 58 within the next three weeks. 100 more part-timers in chicago would be promoted to full-time. a move the tsa hopes will quell the fury of frustrated travelers. >> airlines estimates thousands of passengers missed their flights since the 1st of the year. neffenger also establishing a tsa incident command center at headquarters in washington to

change the opinion of mr. trump before cleveland. >> we are beginning with peter doocey in charleston, west virginia where trump will hold an event this weekend. >> reporter: jon, we found out two most prominent living republicans do not plan to endorse the presumptive nominee. the 41st president's spokesperson said at age 91 president p bush is retired from politics. he came out of retirement to do a now exceptions for jeb. but the 43rd president does not plan to participate or comment on the presidential campaign. party officials think that the party is uniting and taking a contested convention off of the table and having one candidate left standing and giving the gop an early leg up on the general election. >> if you hock at what happens with hillary clinton, losing in indiana and spending the money she wanted to spend on the ground game on this primary and we've been ready for years now and better p than we have been before. >> reporter: we got word in the last few minutes, that mitt romney does not plan to attend cleveland's nomination. and real republican party unity may be days away. >>> the democratic c