was there any surprising in peter thiel's speech last night?you think sheds different light on silicon valley itself, or is going to impact the way people look at donald trump? >> well i think when you're thinking about peter thiel and this approach to the speech last night you have to look at a couple things. one, how are peter thiel and donald trump alike, how are they differ and the most important thing, how are their views different from the views you see in the silicon valley, and i argue california and probably the west coast in general. i want to open, though, with something my colleague at foundation, came up with, brilliant. watching the convention last night he said it was like watching the tv show "the incredible hulk" in the 1970s. peter thiel, big bixby character, soft spoken, analytical, a scientist and turned the stage over to the incredible hulk who pounded the table and was angry, angry, angry, strange colored hair and skin. that was a good opener to put a little levity into the filter of understanding the whole strange night o

specifically, peter thiel. >> we have a fascinating story about peter thiel, who is sort of his own kind of guy in silicon valley. we mention a statistic, something like 70% of donors in silicon valley give to democrats. peter thiel is a libertarian and he is supporting trump this year . he spoke at the convention. is not the kind of trump supporter you would expect. he's an immigrant, he is gay, he has not been a traditional republican, and he finds his own way. we talk about why he would be interested in supporting trump and why this would be good for his business and various interests. david: i think of the role he's been playing behind the scenes in the lawsuit. we know of his political beliefs. roleis a very prominent for him, speaking on stage at the rnc. >> it is. some people suggest you actually wants to embrace chaos right now, he wants to bring on trump and sort of wipe the slate clean in washington. he thinks chaos is kind of a good thing, he's a disruptor in the extreme grade he was one of the cofounders of paypal, which changed a lot of the way people view the way they use m

. >> peter thiel goes to cleveland. also, hillary clinton's foot soldiers. >> all that ahead on "bloomberg businessweek." we here with the editor of bloomberg businessweek. the failed coup against president aragon last week. there is a massive crackdown on journalists and teachers and different folks. >> this is a story we had in works before the coup. we were doing a story about an opposition type newspaper and its editor and what it was like to run a newspaper that felt free to criticize the regime when so many other papers were being cracked down on and what it was like to be in that position. then the coup started and suddenly our story took on sort of a different dimension. it turns out the editor we were writing about is one of the people on their list of people they don't like post-coup, because post-coup they are cracking down on opponents. there never been great with journalism. there basically isn't a free press. it's a very complicated situation and we talk about how for the press it's really complicated ther

this was an embrace of peter thiel, which was pretty cool to see.ald trump, with whom i have nume ruszrous disagreements, he is going to go out of the way talking about the lgbt was targeted and he's going to say that in his acceptance speech and that's an important thing as well. >> quickly, mo i want to ask you before you go, how do you grade the convention so far? >> i think this convention has been an unmitigated disaster for the republican party. i really do. i think this has been a party that has been full of division intraparty squabbling of candidates who have -- speakers who have sought to divide more than unite. >> you think next week is going to be all about uniting and no division? >> here's going to be the big difference. i think that next week the signal coming out of the dnc is that a lot of candidates are going to try to make a forceful case for hillary clinton. there have not been a lot of speakers here other than his children other than the people who share his last name or share the ballot with him -- his running mate did it. you

i appreciate peter thiel's speech. >> let me say this, this is from our correspondents. peter th ichlthiel got a huge a from one delegation, but others sat quietly. >> he just made the case for unity. because donald trump stood on that stage. he spoke to the evangelical community, who are not wrong, and they're not a hateful community, they have a right to their opinion. if they believe in traditional marriage, that's not a hateful position. he made the case for peter thiel and for the lgbt community. we saw unity. >> di it's not hateful, but it' discriminatory. hang on. it's not hateful, but it is discriminatory to say that you believe in traditional marriage. >> it's not discriminatory. >> under the constitution, everybody -- >> here's thing. i totally agree with you. i adopt alan dershowitz opinion. everyone deserves to be with who they love, but muslims, jews and christians have a specific view about marriage. that doesn't make them hateful. >> i didn't say hate fulhateful. i said discriminatory. >> i don't think we should take the term out of the mosque, out of the c

also speaking, as ross mentioned, silicon valley billionaire and co founder of paypal, peter thiel. he is the first openly gay speak, at the republican national convention in 16 years. >> joining us now is political analyst brian sobel. what are you looking for from him? >> i'm looking for the kind of speech that takes him from being candidate to a presidential aspirapt. he has to lay -- aspirant. he has to lay out a plan that will bring along everyone, and maybe some democrats, what he's hoping for. >> in the last hour jerry fall well junior called trump the blue collar billionaire. he is going to promise the middle class that they will experience profound relief and taxes will be great simplified for everyone. can a billionaire like donald trump bea champion for the middle class? >> i think his case would be, frank, if anybody knows how to make business work for everybody, it would be donald trump. and if you're looking at something like cutting taxes and other things, and working on these middle-class issues, i think he can make the case, whether we believe it or not, that he can

peter thiel addressing the rnc convention. bloomberg. ♪ rishaad: you are back at the scene of the rnc convention in cleveland. peter thiel has been a dressing loyalists. there he is. paypal and silicon valley investor as well. about theing opportunities a donald trump presidency could provide. race is beinghis honest about it, except donald trump. [applause] while it is fitting to talk about who we are, today it is even more important to remember where we came from. me, that is cleveland and the bright future it promised. asked us totrump make america great again, he is not suggesting a return to the past. he is wanting to lead us back to that right future. urge all fellow americans to stand up and vote for donald trump. [applause] >> thank you. thank you very much. thank you. [applause] ok.aad: that is peter thiel there, the , endorsingf paypal donald trump. we will hear from him in the next hour. coming up next, is piaget feeling the pinch? we will hear exclusively from its ceo. ♪ ♪ rishaad: we are looking at regional equiti

. >>> controversy in silicon valley over peter thiel speaking at the rnc. a hotly debated topic.rick santelli, what are you watching today? >> i changed everything i was watching after i heard you and larry kudlow talking. you know what? here's what i want to know. is the economy really rocking and rolling? or is it just a central bank-induced fantasy? we're going to talk about that after the break. >>> coming up, another record for stocks. are there more buy signals or warning signs for investors? plus, you won't believe what what analyst says could give apple a monster boost. we'll speak to laura martin life. and cape kelly on what bill ackman is telling investors today on a conference call going on live as we speak. john, see you in about 15. >> looking forward to it. >>> let's get to the cme group. rick santelli has the santelli exchange. >> of course, this is the week of the gop convention. of course, philadelphia will be the home of the democratic convention. as much as i don't like wading in the pool of politics, it's impossible not to when you cover the markets. this morn

you have been listening to bay area billionaire peter thiel that backing donald trump. he took the stage earlier and we didn't hear his entire speech but he was supposed to make history by announcing that he is proud to be a gay american. we heard that he was proud to be gay. he did say he was proud to be gay. >> the big event tonight donald trump's speech. >> coming up in our next half- hour, the grand finale in cleveland. donald trump like allen was just saying is preparing to deliver the biggest speech of his campaign yet. our melissa caen is on the convention floor with a preview of what he will say exactly. >>> i'm emily turner in pittsburg with tonight's top story. where police in pittsburg have now made seven arrests all from cameras that were meant to deter highway shootings. there have been shootings since they have been up but the latest plate readers netted them seven arrests and four stolen cars. >>> a bay area teen uses his drone to track down a pair of boat thieves. it happened off the coast of washington yesterday. video from the drones shows the suspects

tonight, peter thiel is expected to tell the delegates it's sometime to get over it. it's an iconoclast, ultra libertarian who has advocated for an ought ton moss island. tonight he is breaking with the great majority of silicon valley in supporting donald trump. silicon valley republican mason harrison is at the convention and spoke with me via skype. >> so few of them have any sort of direct line of communication with the trump campaign at all. >> reporter: trump's position on immigration and his call for a boycott of apple alienated many in the tech world. stanford political analyst says thiel isn't risking much by going against the grain. >> he's a billionaire, doesn't need anybody else in the silicon valley, always gone his own way. >> reporter: those who have seen the speech, say he'll say he's proud to be gay. the non-profit could not take sides in a political story. whatever their reaction to his message, it was undercut this week when donald trump named a very vocal gay marriage opponent to be his running mate. that explains the skeptical reaction we heard to

peter thiel will be speaking openly as a gay republican.as ever happened, what does that say? >> wouldn't you love to be able to sing as that young girl? >> very, very talented child. >> there will be a lot of great speakers tonight. look, this party is a party that we'll do everything we can to get all of the votes. i think the election's going to be about jobs. i think it's going to be destroying isis and it will be interesting to hear all of these speakers. >> yes, but let me ask you the question directly because this is important. a lot of the independents donald trump wants to win over, they do not agree with the republican party platform on gay rights. they agree with peter thiel, they don't think we should be having discussions about who should be able to use what bathroom. do you agree? >> i've been here since i was 19. i believe in the traditional marriage and the supreme court has made a decision. in my state we are following the supreme court's decisions. we had our gay community attacked in orlando and i'll do everything i can t

amy: that was peter thiel speaking thursday night.er this year, he made headlines when he confirmed that he personally spent $10 million to secretly fund a controversial lawsuit by roessler hulk hogan against gawker media. jury awarded the roessler $140 million, a decision that shocked many in the media.a. gawker was forced to declare bankruptcy. said the an article bankruptcy is how a free press dies. hisis sights on gawker after they posted an article titled "peter thiel is totally gay." sam, welcome to democracy now! let's talk about who peter thiel is. >> he is known mostly for cofounding paypal. he is also known for being the first investor and facebook. those are his business credentials. massivew a pretty venture capitalist in silicon valley. amy: tell us what happened. how did he take down gawker. sam: he spent a lot of his money to secretly fund lawsuits that would be ruinous for any organization. even frivolous lawsuits cost money to defend and when you are facing multiple suits, it is a pretty failsafe way to destroy an org

as you are saying earlier, peter thiel will be speaking here. he is an openly gay man. the 1st openly gay man to speak before the rnc a. since 2000. he will be talking about gay rights will be casting it in a much different way. he will be saying that this is really a social issue that the republican party doesn't need to address. they really need to address the other larger issues and the economy. he will bring those issues here and speaking about it incidentally right after reverend jerry falwell, he won't be asking the party to address the social issue he will be saying we need to move beyond this. and really focus more on the other issues at hand like the economy. >> ross palombo live in cleveland. we will be hearing from you live throughout the evening. we should mention that donald trump should be speaking sometime within the next 2.5 hours and we will carry that address live on ktvu plus. >> we can't get enough of the republican national convention. >> every day. >> the crescendo is upon us. but start with donald trump. >> he has to sound presidential. he has to

peter thiel spoke last night in a speech that a lot of people paid attention to. i want to roll a piece of tape and get your reaction to it. this is what peter thiel said last night. >> of course, every american has a unique identity. i am proud to be gay. i am proud to be a republican, but most of all, i am proud to be an american. >> john, that was a -- the first time a person has gone to a convention and said they were openly gay, do you think that kind of voice brings at least another perspective into the discussion of who supports trump and what kind of message he's carrying to his constituency. >> yes, it could if it were ampli amplified, but peter thiel was not seen by large numbers of people. he wasn't in the network part-time time audiences the ones that have tens of millions of people watches. that is a step in the direction that conventional republican str strategist want to see the party going. that is a welcoming arms approach to bringing in voters who are not already with them. the question is was there enough of that. was it loud enough. was it hear

after that we're going to hear from bay area venture capitalist peter thiel. is going to be back to donald trump, the biggest political speech of his life tonight, and his mission is town any fie this party. >> i love cleveland. i love ohio. it's great to be here. thank you, everybody. >> reporter: even with donald trump already here on stage set to make his acceptance speech, with protests growing in the streets, with a protester even getting inside the q, with police presence dramatically pumped up, new horses, new barricades, new x-ray scanners, and new agitation, in all of this it is still ted cruz -- >> i am not in the habit of supporting people who attack my wife and attack my father. >> reporter: who is stealing the head lines with his mic. >> and that pledge was not a blanket commitment that if you go and slander and attack heidi, that i'm going to nonetheless come like a s serb ile puppy dog and say thank you very much for maligning my wife and mall lining my father. >> reporter: it comes after his shocking 23-minute

i mean, here's peter thiel, um, a guy who, um, comes out of silicon valley and its culture of innovation, an immigrant himself, and yet he's cozying up with, um, with donald trump and the republican party. none of that makes any sense to me. >> trump's speech prompted a brief response from the democrat hillary clinton. she said, you are not our voice, donald trump. clinton could announce her choice of a vice-presidential running mate as soon as today. democratic sources have told cnn the front runs are tim kaine of virginia and tom vilsack, a former iowa governor. also said to be in the running, secretary of labor tom perez and u.s. senator cory booker of new jersey. some sources say clinton could reveal her choice by text message this afternoon and then formally announce it tomorrow in florida. >>> in san mateo county, a cop trusted to protect the community is accused of raping some of the women he pulled over. kpix 5's andria borba found out that he had faced similar allegations before his post in the peninsula >>> reporter: the crimes alleged against former san mateo police officer no

peter thiel had an opportunity to push the g.o.p.ward at the convention and disappointed he used it to dismiss attack on our community. he is referring to the fact that peter thiel talk about the transgender community and how the debate of using bathrooms and say the culture, fake culture war is, would cares what bathroom you use? some members of the lgbtq feel that was dismisting and minimizing the issue but this is all brought up again with north carolina having the all-star game pulled for this reason. interesting how lgbtq issues got up on stage last night but, the first time, really, for the republican party. >> donald trump also addresses the shooting death of kate steinle in san francisco by undocumented immigrant who was deported give times. >> my opponent wants sanctuary cities. boo. are was the sanctuary for kate steinle? the shooting happened in the summer at pier 14 and the shooter has pleaded not guilty to second-degree >> clinton could name her running made today. sour say she is leading to senator tim kaine a safe pick

. >> this is peter thiel, a silicon valley billionaire. on one level he's making news for speaking at the rnc because he's the first -- not the first openly gay speaker at a republican national convention but the first one who will talk from the podium about being gay. he's controversial for a lot of other reasons, too, something we'll talk about once he wraps. to peter thiel. [ applause ] >> and instead of going to mars we have invaded the middle east. we don't need to see hillary clinton's deleted e-mails. her incompetence is in plain sight. [ applause ] she pushed -- she pushed for a war in libya, and today it's a training ground for eisis. on this most important issue donald trump is right. it's time -- it's time to end the era of stupid wars and rebuild our country. [ applause ] when i was a kid, the great debate was about how to defeat the soviet union, and we won. [ applause ] now we are told that the great debate is about who gets to use which bathroom. this is a distraction from our real problems. who cares? [ applause ] of course

peter thiel said who cares about bathrooms.nce said i care. >> he is redirecting the agenda on so many fronts. entitlement or trade. he has this trumpism. it is different from where they have been. >> panel, thank you very much. we will check back with you. donald trump taking aim at hillary clinton in his speech last night. blasting her record as secretary of state. how will she respond next week when the democrats nominate her? we will discuss that. let's feed him to the sharks! squuuuack, let's feed him to the sharks! yay! and take all of his gold! and take all of his gold! ya! and hide it from the crew! ya...? squuuuack, they're all morons anyway! i never said that. they all smell bad too. no! you all smell wonderful! i smell bad! if you're a parrot, you repeat things. it's what you do. if you want to save fifteen percent or more on car insurance, you switch to geico. it's what you do. squuuuack, it's what you do. been trying to prepare for this day... and i'm still not ready. the reason i'm telling you this is that there w

maria: peter thiel i'm proud to be gay and a republican. dagen: first time that someone went on stage and proclaimed in front of a gop convention audience. first time it ever happened. maria: he got lots of applause for it. morgan: ivanka was the speech of the week for me.force. i think that she had warmth and grace and a message that would really attract young women. it was the speech of the week. dagen: and a dress from her line that's not very expensive. scott: the important thing was donald trump he did exactly what he had to do. he needed to not veer off too far away. there were times when relooked at the crowd and was very humbled. cracked a couple of jokes but i thought he hit every single topic. my wife and family and a lot of poll incomes the convention were like, okay, i wish he had done that a while ago. maria: it was a great night. joining us to talk about texas congressman, new york congressman lee will joining us, retired marine corps anthony is was and billionaire paul mitchell. comedian with us, don't miss a moment, do stay

it's about a week ago that peter thiel was asked by mr. trump to come and participate.he sees a little bit of something of him which he was an outsider to this party and ended up dominating it and peter thiel is an outsider in silicon valley as a trump supporter. it's not the most popular decision in silicon valley. also as a business colleague. he can be a validater to that for donald trump and explain how his business sense can help be president and this issue of reaching out. looking more tolerant on a social issue more in line with where donald trump is on gay rights than necessarily where the party orthodox is. that was of interest in donald trump. >> it will be interesting to see the reaction when he makes those lgbt rights declarations. >> he will say he disagrees with parts of the platform. do the delegates react and boo him or sit quietly. it's not part of the platform the kinds of things he will mention in the speech. >> back to you anderson. >> when you contrast a republican convention with a democrat convention, it's a stark difference in terms of just the m

he is billionaire peter thiel. he admonished the gop for refusing to embrace lgbt rights. hiel also warned the party against fighting unnecessary culture wars. the paypal co-founder brought the crowd to his feet when heç became the first speaker in party history to say this. >> am proud to be gay. i am proud to be a republican, but most of all, i am proud to be an american! >> thiel drew a parallel between himself and trump saying both men are builders and trump is the best candidate to rebuild america. ♪ >> you just want that the to keep going, right? despite all the drama at the rnc, this 5-year-old from galloway township ultimately stole the show. you might remember 5-year-old joy jerkins. wait until you hear the rest of her performance ahead. >>> the family of a 49-year-old woman found beaten to death in her bedroom is urging the person who killed her to turn themselves in. the mother and grandmother was found dead in her bedroom yesterday in hunting park. her family gathered on north percy street. she was always volunteering at her church, the family tells us. >> if y

evangelist jerry falwell junior just spoke and other headlinesser are silicon valley billionaire peter thielnd donald trump who will be closing out the convention after an introduction from his daughter ivanka. we have team coverage tonight beginning with cbs reporter craig boswell and craig there are still lots of folks talking about ted cruz tonight after last night's diss of donald trump. >> reporter: right. the ted cruz d iss put it on the display and it was especially evident just given that the stated goal for this thing is from the beginning the convention was unity. so donald trump wants and these delegates want donald trump to pull this convention together, they want him to reach out to entire country and put an exclamation point on the convention. he rehearsed for the biggest political speech of his life. >> a lot of press huh? >> reporter: his daughter will introduce him tonight. trump is expected to talk about keeping america safe and his campaign strategy. party leaders and delegates agree, trump's biggest job is to unite the republican party. >> donald trump can pull everybody

peter's, carl but the dean know. thank you, carl, i apologize for butchering your name. mr. thiel. what did you make of his speech last night? how do you think he did many. >> my last name is garre dee know. you just need that italian flair. ashley: i've got it now. >> perfect. [laughter] we're proud of peter thiel, and it's not for every word he said, but the fact he was willing to speak out and to bring the innovation economy, the global capital of the innovation economy to our nation's capital in terms of who wants to represent us, whether that's going to be secretary clinton or donald trump. silicon valley being engaged is always a positive. ashley: why are republicans so rare in silicon valley, carl? >> it's fascinating because silicon valley innovators and entrepreneurs don't always identify with a political party or ideology as much as pragmatism. we want to get things done. we want to make sure at the regional level that we're dealing with tough issues like traffic and housing and education. at the state level and at the federal level, we want to make sure that thorny issu

would be speaking on night four, along with ivanka and donald trump, you probably wouldn't expect peter thiel. it's an extremely highly valuable piece of real estate that thiel is getting tonight. we know about the news he's been in this year, but i don't -- i wouldn't venture a guess on what thiel would say. he could come from all sorts of different directions. >> it's funny. the business people speaking. it's not like we have the heads of major fortune 500 companies, but i got to tell you, i think tonight is fireworks night. too bad so many earnings because i would like to train myself entirely on this. >> what are earnings? >> yeah, i know. >> i'll tell you what they are, man, a pile of them right here, carl, we'll be checking in with you very shortly. >> okay. >> as we said the watch is on to see if the dow and s&p make more history one day after hitting record intraday and closing highs, the dow aiming to extend its winning streak, ten in a row. in year, ecb rates after holding the first meeting since the brexit vote, ecb president mario draghi says growth risks remain tilted to the down

we are seconds away from silicon valley legend peter thiel the co-founder of paypal. he will be talking about the economy and what needs to happen to get us out uk exit the eu. people never thought it was going to happen what do you know, it did, kind of like people saying donald trump would never be the republican nominee and here w middle america has been living through. that's the first time. the second one, we will see that the reason we run -- one they worked at both experts said the turnout would the 60% and it was 73%. a lot of people who had never. [inaudible] can trump reach the blue-collar vote in america and if he can. trish: in other words this crosses party lines. lou: the guy who made brexit possible in the uk but i've got to teller arrogance, it was a magnificent moment and i just have got to say thank you for that in complement you. in addition to of course the uk. >> youted to do was scream abuse at me. trish: the sulaymaniya -- the similarities are striking produces that the entire world has said enough with the elite, enough with the people that don

of the key figures of silicon valley are tied very closely to peter thiel. the thing that is crazy about him, he is sort of on a different planet ideologically. your average tech person is a mix of libertarian and socially liberal. is a radical libertarian. which makes him a curious fit for donald trump and a curious fit insulin valley. -- in silicon valley. gay.id he was proud to be a lot of republicans came out with a statement shortly before saying the platform was the most it had never been and the fact that peter gets up there and says he is proud to be gay, that is super interesting. he also happens to be pro-marijuana. not the usual thing for a republican party convention speaker. have -- youting to start to see this crazy mismatch. himer media in 2007 out of -- outed him or published the fact that he was out to certain members of his inner circle and he went away quietly and years later, it was revealed that he had been secretly funding lawsuits that ultimately led to gawker's bankruptcy. he is at once this supersmart intellectual but also an operato

can you tell us more about peter thiel and why he is there?> reporter: peter thiel is a californian, a billionaire venture capitalist and according to the trump campaign, he is here because he is a successful entrepreneur and that's why his endorsement means so much to donald trump and it clearly means a lot because thiel has an incredibly important slot. it's prime time. he is three speakers in front of mr. trump himself. now, we are also getting reports that tonight, peter thiel is going to say something like, um, i'm a proud gay republican. and that would be the first time those word were spoken on stage at a republican convention. i want to note that the republican party platform this year is very, very antisame-sex marriage. it condemns the u.s. supreme court ruling that paved the way for same-sex marriage. so we'll be looking to see how in thiel is received here in the convention hall when he gets up to make his speech tonight. >> speaking of tech, we hear there were some technical issues there last night? >> reporter: that's right. if y

peter thiel talked about it.'m gay, i'm proud to be gay, i'm proud to be a republican, i'm proud to be an american. >> why is this being thrown around like this? >> because they're desperate to try to hold together the left wing coalition. >> democrats see this speech as hillary clinton's tweet suggested, as potentially cutting into her constituency, but let me say as a democrat supporti supporting secretary clinton that it was a great speech, donald did politically what he needed to, but the hitler reference, whatever your party, your ideology, is out of bounds, wrong, inappropriate, and frankly a disservice to our political culture. >> and let me just say, this is not alone. i watch our competitor networks who are filled with people, first of all, bush republicans, including those who destroyed his campaign, out there attacking and being for hillary clinton. then they have the ordinary reporters and stuff who are on a jihad against trump, and this stuff they keep saying, and it's really because they don't under

, we have ermany early birds and peter thiel and then we have a couple of others. important thing is there is a long-term vision. all of our investors agree with us that retail banking is one of the last areas that hasn't been disrupted by online and by mobile. and i think that's what they see. and all of them have a long-term vision and they expect us to take at least 10 years, but they have the financial power to bring us through that and really work on bringing mobile banking to consumers. >> how important do you think you are based in berlin. many would have thought munich or london. >> we have tried not to be -- i think it is positive that we aren't the center of finance. as we are contracting our products and if you look at our products, we always try to build it from a perspective not coming from the inside of a traditional bank or traditional player. rlin has created a sense and best people in europe and happy to be in berlin where we can actually accelerate the city and get the best minds to work with us. i think berlin is now more attractive for any compa

peter thiel made his money founding fafound ing paypal. also one of the earliest investors in face pook. he sits on the board of directors at facebook as well. >>> here's a billionaire who doesn't like donald trump at all. jeff besos, founder of amazon, third richest person in the world according to bloomberg billionaire index. richest person in the world is bill gates and then followed by amancio ortega of spain, clothing magnet. and then you've got jeff bezos and i would be far down on the list. the other thing this morning -- >> would we be on the list? >> it does appear as if verizon has the winning bid on yahoo! this according to bloomberg. i don't know if we will hear anything in the next 12 minutes or so before the market opens. otherwise this afternoon or monday. >> that will be interesting. >> multiple bidders. >> we always suspected they were going to win this one. >> all right. who wins deciding where you're going to go to lunch? maybe this will sway the vote. donald's famous gilroy fries is here to stay. the company has declare

he talked about protecting the lgbt from terrorism and then you had silicon valley executive peter thiel gay. i am proud to be a republican. but most of all i am proud to be an american. i don't pretend to agree with every plank in our party's platform, but fake culture wars only distract us from our economic decline and nobody in this race is being honest about it except donald trump. >> he's talking about the other culture wars. that's the thing, trump has no interest in sexual politics, abortion, gay rights, not his thing, but he's very interested in culture wars, it's just race-oriented culture wars, immigration, islamic terrorism, a different strain of the culture wars, but let's be clear, he is still very much stoking those -- >> that's how he won the primary. >> it is. >> he has managed to stay away from those culture wars until he gets michaela pereira on the ticket and this is where i think that that pick could be risky for you, you do have these moments in trump's speech and peter thiel's speech that you see a different reaction from a republican crowd than we often see i think

but most of all, i am proud to be an american. >> we spoke to peter thiel about why he supports donald trump. >> peter, you made history tonight. the first gay man to openly say i'm gay and proud. why here, why now? >> well, i think this is the right time do it. i thought that there are many things agree with the republicans on and i think there are also ways we have to move into 2016, if the party is going to win the election this year. >> peter, a lot of people in silicon valley, a lot of people are scratching their head, peter thiel they republican convention supporting donald trump. huh? >> i hit a lot of points in my speech. i think the u.s. economy is quite broken and we need to try get outsiders, outside of washington, d.c. to shake things up. in some ways, it might be risky, but i think the alternative is stagnation. >> thiel said he was invited by the republican party to speak. he hasn't even met donald trump yet. he said one of the goals was to reach undecided voters. >> a short time ago in philadelphia, they unveiled the podium for the democratic national convention. startin

tonight we will hear from peter thiel. he's ape founder of paypal.y he is also the first openly gay man to address the rnc. we will also hear from ivanka trump. she will introduce her father, donald trump tonight. when trump takes the stage the focus is on law and order. he believes he's the one to steer america into the future. that's all coming up. you're watching special coverage from npr and pbs newshour. i'm rachel martin, stay with us. >> coverage of the republican national convention from npr and the pbs newshour. n >> ifill: behind us is peter thiel. hepe started paypal. he's one of the few trump silicon valley supporters.p he has something to say tonight. let's listen.ht >> -- costs more every year. meanwhile wallstreet bankers inflate bubbles in everything from government bonds to hillary clinton speaking fees. >> our economy is broke en. if you're watching me right now you understand this better than any politician in washington dc. you know this isn't the dream we looked forward.ok to back when my parents came

i said to peter thiel, how about letting me in on the paypal or tipping me off about facebook? he was an early investor. no such luck. >> a lot of thanks you get. well, bill, we love you, and thanks for being here. >> thank you. that matters more. thank you. >> straight ahead, we'll have a kelly file exclusive from behind the scenes at the rnc as cameras follow donald trump jr. backstage at a critical moment. and mark mckinnon brings us a front-row seat to the drama. >>> plus donald trump's speech slammed by president obama and hillary clinton. they say the remarks don't reflect the real america. governor mike huckabee says, not so much. robert zimmerman, guess how he feels. they're coming up. >> he offered a lot of fear and anger and resentment, but no solutions about anything that he even >>> serious fallout tonight after donald trump's historic acceptance speech last night in cleveland, and some leading democrats ripped what they call mr. trump's darkly negative message as one meant to alarm americans into supporting his campaign. here's some of what they had an issue with.

peter thiel's speech at the republican national convention last night. >>> voters are reacting to peteronomy and not on the lgbtq issues. some say it was political theater. plus, alarming graffiti on the streets of santa cruz. about a dozen of the spray painted messages. not taking those messages lightly. we'll have a link to the full story on our twitter feed. look at weather and traffic coming up after the break. =trx at ck= ck traffic maps >>> looking at the next several days in san francisco, it will be up to 69 degrees today. after the morning low clouds and fog clear out. we'll get some sunshine and low 70s as we go into tomorrow as well as sunday. early next week, we'll keep more of the same weather. slightly warmer than average and well above average for the inland areas reaching 89 degrees today. 85 degrees tomorrow. and hazy sunshine on sunday. more heat next week. let's check in now with mike to see where we may be slowing down on the roadways. >> most of the bay showing the respective friday and lighter traffic. we also have a late back-up in the tri-valley. 580 at approachi

i said to peter thiel, how about letting me in on the paypal or tipping me off about facebook? he was an early investor. no such luck. >> a lot of thanks you get. well, bill, we love you, and thanks for being here. >> thank you. that matters more. thank you. >> straight ahead, we'll have a kelly file exclusive from behind the scenes at the rnc as cameras follow donald trump jr. backstage at a critical moment. and mark mckinnon brings us a front-row seat to the drama. >>> plus donald trump's speech slammed by president obama and hillary clinton. they say the remarks don't reflect the real america. governor mike huckabee says, not so much. robert zimmerman, guess how he feels. they're coming up. >> he offered a lot of fear and anger and resentment, but no solutions about anything that he even it takes a lot of work... to run this business. but i really love it. i'm on the move all day long... and sometimes, i just don't eat the way i should. so i drink boost® to get the nutrition that i'm missing. boost complete nutritional drink has 26 essential vitamins and minerals, including

how are the leaders in the gay community reacting to peter thiel's speech?have the reaction from cleveland. >> this is one of most interesting parts of the entire convention getting a prime spot a few speakers ahead of donald trump on the big night. some thought he would be boo when he talk about being a gay american the first time it has ever happened at a convention. watch and see what did happen. >> i am rudd to be gay. i am proud to be a republican. but most all, i am proud to be an american. >> i will do everything in my power to protect our lgbt citizens. >> as a republican it is nice to hear you cheering for what i just said. thank you. >> i was in the hall and when donald trump said that last part, it was nice to hear it, that was an ad lib and the head of the human rights campaign tweeting that peter thiel has an interest to push the governor forward saying disappointed he used this to attack the community the he said, that the culture war this america has to stop. and that the talk of what bathroom to use, who cares? what the head of hrc is saying,

. >>> bay area venture capitalist, peter thiel, made history. he became the first openly gay speaker to talk about his sexual orientation on stage at the republican national convention. >> i don't pretend to agree with every plank in our party's platform but fake culture wars only distract us from our economic decline. and nobody in this race is being honest about it except donald trump. >> earlier this week come of the party adopted one of its anti-lgbt platforms in history. the cofounder of paypal him a peter thiel, urge the party to focus more on issues like national security. he said he believes donald trump will not only get the country -- will not get the country into unnecessary foreign entanglements. >>> hillary clinton is expected to announce her vice presidential running mate either today or tomorrow. democratic sources say virginia senator, tim kaine as at the top of her list. sources also say a longtime friend of the clintons, thomasville sac is also being considered strongly. >>> the democratic national convention kicks off money in

and ivanka did. >> peter thiel, maybe.rican, what did you get out of last night's speech, out of the last four days? i honestly don't know. >> willie, that's the question, and that's what i was asking myself. certainly, hispanic parents want the same thing that black parents and white parents andationen-american parents want. they want their children to be safe. they want to grow up in a safe country. they want good schools, improving schools. and the question is, how much of this message applies? i mean, you know, it's one thing, mitt romney saying it. mitt romney, a guy who hispanic americans never really knew before he got involved in national politics. donald trump, is he different? is it a completely different situation where this guy that's millions and millions of americans have been watching on tv for all these years. i mean, it's the same question that was asked of ronald reagan. >> if you believe the polling, they don't believe he's their friend. that's as of right now. the nbc polling of last week had them only

contender and former arkansas governor mike huckabee, new york city mayor, former, giuliani, and peter thiel, and starts on monday in cleveland. the democratic national convention in cleveland is two weekends arrest. our morning anchor, reggie aqui and laura anthony will have complete cox right here on abc7. >> expecting of the race for 2016 the latest poll shows hillary clinton and donald trump tied. "new york times" poll has the two candidates receiving support from 40% of voters and last in, clinton had a six-point lead which has dropped sip mail investigation with voters saying they in longer trust her. the california state senator has died, returning to the legislature last year after a life saving double lung transplant announcing she would not seek reelection. she permit six years in the state assembly before winning the election to the senate in 2011 and her spokesman said she died this morning after projecting complications at 62. >> san jose firefighters responded in full force this morning to the grass fire that threatened alum rock park. look at the map, you could see exactly whe

>> reporter: so peter thiel was welcomed very warmly in the arena last night.de history by being the first person to stand on stage at a republican national convention and say, i am gay and i'm proud. >> i'm proud to be gay. i am proud to be a republican. [ applause and cheers ] >> but most of all, i am proud to be an american! [ applause and cheers ] >> >> reporter: and you heard the crowd roaring when he made that statement. he went on to say after that that he does not agree with everything in the republican party platform. perhaps a reference to the provision in the platform that says marriage is between one man and one woman. it condemns the u.s. supreme court case that legalized same- sex marriage. a very historic moment. >> i can imagine he would take some exception to those provisions [ sarcastic tone of voice ] >> hillary clinton could have some running mate news? thoughts on that? >> yes, of course. the scuttlebutt is that this afternoon clinton supporters are going to get an email naming her vice-presidential pick. and the rumor is it's going to be t

peter thiel, you made history tonight. the first gay man to openly say i'm gay and i'm proud.hy here? why now? >> well, i think this is the right time to do it. i thought that many things i agree with and i think there are also ways we have to move into 2016 if the party is going to win the election this year. >> reporter: peter, a lot of people in silicon valley are scratching their head, pete thiel, the republic national convention, supporting donald trump? huh? >> well, i think i hit a lot of points on my speech. i think that -- i think the u.s. economy is quite broken and i think we need to try to get outsiders, outside of washington, d.c., to shake things up. in some ways, it might have been risky but i think the alternative is stag nation. >> thiel said he was invited by the republican party to speak and he hasn't meet donald trump yet. ed one of his goals was to reach undecided voters. >>> a short time ago in philadelphia they unveiled the podium for the democratic national convention starting monday. "cbs this morning" will come to you from the national constitution ce

>> coming up, peter thiel, a silicon valley entrepreneur and billionaire.penly gay man to address a republican convention since 2000. stay with us for more convention coverage including ivanka trump's introduction of her father. she'll set the stage for the most important stage he has ever given. we'll be right back. big day? ah, the usual. moved some new cars. hauled a bunch of steel. kept the supermarket shelves stocked. made sure everyone got their latest gadgets. what's up for the next shift? ah, nothing much. just keeping the lights on. (laugh) nice. doing the big things that move an economy. see you tomorrow, mac. see you tomorrow, sam. just another day at norfolk southern. that reminds me... anyone have occasional constipation, diarrhea... ...gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against occasional digestive issues. with three types of good bacteria. live the regular life. phillips'. is it a force of nature? or a sales event? the summer of audi sales event is here. get up to a $5,000 bonus on select audi m

peter thiel, he's a billionaire, one of the cofounders of paypal, someone who proudly stood on that stagealked about -- listen for yourself. >> of course, every american has a unique identity. i am proud to be gay. i am proud to be a republican. but most of all, i am proud to be an american. >> joethat was quite a moment o the republican stage. >> it was. you wouldn't have seen this eight years ago at the republican convention, even four years ago. it shows a water shed moment in the evolution of this in our country. i think it's a natural progression. at the same time, i don't think donald trump is going to get any of the lgbtq vote. he's only protecting them from foreign ideologies now. what about all the threats they face inside america that don't come from isis? >> is it an evolution or is donald trump an outlier? because i don't think that ted cruz would have given that speech, ben. >> i don't know if he would or not, to be honest with you, because i've had a lot of conversations around his camp and i think there's a lot of young republicans, younger conservatives that this is very n

billionaire venture capitalist peter thiel. no word on what he will talk about. but his endorsement of trump has been puzzling to some in the tech world. we'll have reports from kpix 5 political analyst melissa caen in cleveland today in our later newscast and starting monday she will be in philadelphia to cover the democratic national convention. >>> frustration for passengers as southwest airlines tries to get back on track. a technical glitch brought its systems across the country to a standstill yesterday. kpix 5's jackie ward is live at oakland airport. all right, so jackie, how does it look? >> reporter: actually, the line is pretty much nothing compared to what it was this morning. but it's a domino effect that's seemed never ending for thousands of people across the country and the bay area. line after line followed by, yup , even more lines. >> i don't know what's going on. why is this like this? >> reporter: it's what thousands of southwest travelers are facing today despite most of the airline's systems getting back online this morning. >> i'm quite st

not seen f family values it mentions from thehe stage at all here and havaving some of te light peter thielpeak tonight primemetime, it showswst there is a disconnect between the ted cruz consolation prize platform and the steering away from the divisive social battle. >> i do think thehere is a disconnect between where americans are on lgbtq equality issues and what the platform is showing. as a n nonpartisan organization, we are always encouraging this dialogue, and that is something we take heart in. whole like rachel hauth fought to try to have inclusive forth.e put she describes her as of as the first openly gay delegate on the republican platform committee. she had a beautiful and impassioned speech advocating for inclusive language, and in what we got was very hostile language. but those conversations, that is what will ultimately change the dialogue. we are pleased to be seeing these issues spoken about and lgbt individuals who identify as republican coming forth. amy: earlier this week, deena guzder spoke with jennifer williams, new jersey republican county committee women, who rec

introduced by his daughterrive van can and other speakers include republican republic chairman and peter thiel. >> remember, your him for come let convention coverage with abc7 morning news anchor reggie aqui and laura anthony, both in cleveland for the final day of the republican national convention and in philadelphia next week for the democratic national convention. >> in san mateo police are looking for the person with shot two people at a warehouse party in brisbane, 300 people gathered in a surveillance video behind an abandoned building. they tried to break up the party and they heard gunshots. two were shot. win in the arm. the other in the torso. both are expected to survive. >> a man shot and killed in san francisco in portrero hill in the area of 23rd and dakota has been identified as 48 -year-old sean larue. in suspect or motive. >> one person is dead after an amtrak train headed to the east bay and then to los angeles crashed into a car at 3:30 this morning in red bluff. a minivan was riding when the train hit it. the driver tied. it is not clear how the car ended up on the tracks