. >>> let's take a look at other toppies this morning rahel solomon has more >> reuters ask out with new poll suggesting that the phase one trade deal with u.s. and china is unlikely to provide a boost and will only reduce the down side risks. out of 100 economists, not juon said it would increase growth. about 30 to 35% in the next two years. payment provider square has won a new network transition to move currencies including cryptocurrencies it could be add ven tajious. >>> ford is expecting to take a record $2.2 billion pretax hit over employees pension funds leading to the increase of amount of money that can be used for future pension benefits. >> back on the show, new details about comcast ambitions. plus much more on the coronavirus threat and the u.s. response we speak with a former cdc director coming up and how tesla is making history again and possibly lining the pockets of its ceo and founder, elon musk more after this. risk having your clubs lost or damaged by the airlines. sending your own clubs ahead with shipsticks.com makes it fast & easy to get to your golf destina

rahel solomon has more >> good morning.asury department has unveiled a new wave of foreign investment overseas investors will need clearance before they can invest in a firm that either handles personal data or american technology used by the military. the u.s. is exempting countries from some of these reviews amazon taking new steps in the battle with microsoft over the jedi contract. reuters is reporting that the company will ask for a temporary block on microsoft from working on that project. the plot thickens between those two. >> newly revealed internal messages show boeing employees mocking the lion air call. according to a report, employees express concerns themselves over the possibility of one of its biggest customers potentially requiring pilots to require costly simulator training, now friggin lion air might need a sim to fly the max and maybe because of their own stupidity i'm scrambling trying to figure out how to unscrew this now. idiots just the latest of the string of pr nightmares after those two deadly cra

rahel solomon is with us >> let's start with an unlikely alliance mo microsoft, apple and bmw are callingn the eu to stop patent trolls the hurting innovation shares of japanese sneaker makers are getting a boost world athletics are looking to make a ban on the vaporfly these shoes helped athletes break records. pairing those gains now to 2.5%. mizuno saw a boost but smaller >> and japanese lawyers representing ghosn quit today. in a statement, the lead lawyer said everyone involved in the case in his practice resigned, though they declined to give a reason this comes as renault's chairman said he sees no urgency to add a new ceo at this time and are working on scenarios for outside renault and nissan appliance are, quote, fake news. >> back to the markets stocks set to open in order ter tory after the dow closed above the 29,000 mark for the first time ever. reports from the big banks as earnings season kicks off. you can see the score card right there. generally, very positive a lot more green than red on that screen. joining me now, cnbc contributor, gina sanchez. let's talk about the

let's get a look at other top stories we're looking at with rahel solomon. >> lots of tech news let's start with google. state attorneys general are reportedly set to meet with attorneys from the justice department to share information on their probes into google. according to "the wall street journal," saying the sitdown is expected to happen next week the state and federal investigations have focused on google's powerful position and the lucrative market for online advertising. the journal also saying the meeting is seen as the start of a dialogue that could eventually lead to both groups joining forces in their probes. >>> apple and microsoft are set to take part in a meeting today to make it easier for patients to access and share their medical information. the companies will each send a representative to the gathering that's being hosted by a group supporting efforts by the department of health and human services on that very initiative so, the inclusion of apple and microsoft is really notable because the two have largely been silent on this topic. >>> finally, visa is getting b

i'm rahel solomon.oday's top business headlines, wall street could see more green arrows adding to yesterday's gains. the u.s. and china signed a partial trade deal. it took the dow just 40 trading days. that's the shorting 1,000-point move since january 2018 when it only took eight trading days to go from 25,000 to 26,000. on today's watch list reports on unemployment, retail sales and prices and earnings for morgan stanley. bose says it's closing stores resulting in the layoff of hundreds of employees. the company is pointing to the fact its headphones, speaker and other products are increasingly purchased on line. they have locations in shopping malls and centers across the u.s. and the stores are used to showcase products which have grown beyond noise canceling headphones to have smart sneakers and sun glass that is double as ear buds. it will offer severance. >>> and toyota is making a big bet on flying cars, investing $400 million in a california startup working on electric aircraft for more than

i'm rahel solomon at cnbc headquarters and here are the top business headlines. wall street will open lower on the growing concerns about the coronavirus. stocks ending negative on friday as investors worry about the impact it may have on the global economy. mosta most asian markets are closed for the holiday stocks hit hardd europe is lower and on the watch list a report on new home sales. >>> gas prices are edging lower around the country. regular unleaded falling 4 cents on average to $2.60 a gallon. now in the bay area gas is averaging more like $3.62 a gallon and analysts say it is due to larger oil prices but gas is still 35 cents higher than it was a year ago. >>> and twitter pulled the plug on vine in 2017 but now the co-founder of the video app has debuted a sequel called bite. it it is available on android and iso devices. byte lets you share six second videos just like vine and much shorter than the one minute maximum on tik tok. but interestingly it lacks ar filters, transition effects and other bonus options for now. byte hopes to differentiate itsel

i'm rahel solomon at nbc headquarters and the top business hims. wall street expect to open slightly lower this morning following the missile attacks on the u.s. air bases in iraq. stock futures have plunged and the dow is indicated to fall more than 400 points and have come off the overnight lows and oil prices surge 4% but have pulled back, up about half a% aebts a -- half a percent as they await a response. stocks in europe are are lower as well. and tensions may not cause a spike in gas prices. the impact is expected to be relative muted. gas buddy expects the price of gas will rise 5 to 10 cents per gallon. not a major increase there. the iran attack may have been measured to reduce chances of an all-out war. and sprint is shutting down virgin mobile usa next month and will transfer customers to boost mobile. virgin has 6 million subscribers and customers could keep the phone and pay the same price but you may have to change how you pay because it it will not support paypal accounts. >> thanks. >>> next on "today in the bay," kari hall trackin

i'm rahel solomon at cnbc headquarters.all street is pointed toward a slightly higher open this morning after stocks tumbled yesterday amid concerns about the coronavirus including the economic and business impact. asiaaz lower overnight but they are still closed for the lunar new year, the dow dropped 454 points worst performance since october and today reports on home prices and durable goods and consumer confidence and a federal reserve begins a two-day meeting. >>> facebook the first major u.s. tech company to begin restricting travel to china amid the coronavirus outbreak. facebook is halting all nonessential travel and told employees who recently returned from china to work from home. although the facebook app is banned in china, the company does have office there and used supplies to make the oculus headset and portable devices. >>> and apple has asked suppliers to make 10% more iphones this year and they have orders for up to 65 million of the older iphones and mostly 11 and up to 15 million the lower price model it

i'm rahel solomon at cnbc headquarters. wall street is supposed to recover from yesterday's losses sparked by concerns over the threat of the coronavirus beyond china after the cdc confirmed the u.s. case in washington state. boeing said the 737 will not return to service until midyear. asian and european markets are higher and today reports on existing home sales. toyota is recalling 3.4 million vehicles because an electronic defect could result in airbags not deploying in a crash. a majority were recalled in the u.s., the matrix and avalon produced between 2011 and 2019 and after one report of a fatal crash. toyota dealers will make repairs if necessary and the company will notify owners of the recall in mid march. and google has a new tool to find a better balance with technology. one feature asked to you put your phone in a paper envelope to minimize distractions. you could download and make the envelope from an app. there is one for calls only and one for camera only. the buttons will light up to allow you to make and

i'm rahel solomon at cnbc headquarters. wall street is set to open higher following another day of gains yesterday. the dow and nasdaq and s&p 500 closing at record highs on continued optimism over trade. the u.s. signed the partial trade deal with china and the senate approved the usmaca. google company alphabet joining an exclusive club becoming the fourth u.s. company to ever achieve a $1 trillion market value. that highlights the powerful rally in internet stocks to start the year. alphabet joining apple, amazon and microsoft in the $1 trillion universe. although amazon is below that level. alphabet stock has surged since the company said last month that the co-founder larry page and sergei penn were stepping down from day-to-day operations. >>> and comcast is unveiling details for the streaming service called peacock. the parent company of nbc universal. it will debut on july 15th. peacock free has ads but more than 7,000 hours of content including current and classic nbc shows. universal movies and also content such a

i'm rahel solomon and today's top headlines. stocks staging quite a u-turn yesterday to close in the highs of the session and the biggest comeback in three months. the dow had been down 200 points but closed up nearly 70 points. investors appearing to shrug off concerns about the rising tensions in the middle east. as the watch list reports on the services sector and factory orders and the trade deficit. two-thirds of car owners who use ride hailing services like uber or lyft would consider giving up personal vehicle over the next decade. a new survey by a censure found that consumer satisfaction with ride hailing company is strong in part to reliable pickup and dropoff times and ease of booking and payments. the vast majority of people expect to maintain or even increase spending on ride hailing this year. now despite that, customer loyalty is illusive as half of people say they switch between brands. burger king will test out a plant-braced breakfast sandwich in select markets later this month. it includes a patty from impossi

. >>> good morning, i'm rahel solomon and here are the top business headlines. wall street is set to open higher after stocks rallied ahead of the u.s. and china planning phase one of the trade deal this week. the nasdaq and s&p 500 closing at record highs. on the watts list a report on consumer prices and reports from j.p. morgan and citi group and wells fargo. fuel pumps could fail in toyotas increasing the risk of a crash covering 2018 and 2019 texas, toyota forerunner, land cruiser, sequoia, siena and sequoia and tundra models. they are still working on repairs and owners will be notified by mail in mid march. and tgi friday chain is preparing to go public during ipo. 30% of sales come from the bar but it is seeing fewer customers visit restaurants instead opting to order delivery or dine elsewhere. they are improving music and lighting using seating that encourages customers to socialize and friday may drop a policy not to serve a beer and shot at the same time. apparently that is a popular combo with happy hour customers. i wouldn't know anything about hap

. >>> good morning, i'm rahel solomon at cnbc headquarters and here are the top business headlines.all street set to open lower this morning as investors await the signing of the trade deal between the u.s. and china at the white house. stocks hit record highs but pullback over concerns on what is in the trade deal and whether it is enforceable. the trump administration will not release the full text until after the deal is signed. on today's watch list, a report on earning from bank of america and goldman sachs. microsoft has issued a security fix for windows after the nsa tipped of off the company to a serious flaw in the operating system. microsoft said that the flaw could allow hackers to forge digital certificates to authenticate and secure data. both microsoft and the nsa haven't seen any evidence that the flaw is exploited but urging users to install the security patch as soon as possible. verizon has a new search engine calls one search is offering more privacy in a market dominated by google. the research results will be provided by bing but verizon has no cookie tracking o

. >>> i'm rahel solomon. here are today's top business headlines.all street will open higher adding to yesterday's gains as fears over the coronavirus fears for the moment after worries about the impact it could have on the global economy sparked the biggest one day selloff on monday. marcus and laura, back to you. >> rahel, thank you. >>> coming up on "today in the bay," kari is tracking our mid-week poerks. how is it looking. >> we're stepping out the door to dense fog in the tri-valley. we're watching this and elsewhere, where we are seeing fog and what else is in the forecast coming up next. >>> it looks clear here but i guess i don't have a big view like kari does. a great view of oakland. 880 smoothly with the taillights toward the bay bridge. and the changes in the city, we'll talk you through that and talk about the rest of your longer drive as well. >>> plus all new video shows a dramatic chase involving deputies in contra costa county. we'll get you up to speed on how it all came to an end. >>> and a good wednesday morning. taking a live l

good morning, i'm rahel solomon at cnbc head quarters. wall street is set to open sharply lower as global markets react to ai iran general. the news adding to the simmering tensions between the u.s. and iran, and raising concerns of possible retaliation. oil prices spiking on the news, up more than 4%. gold is higher as traders seek out so-called safe haven investments. markets in asia and europe lower after u.s. stocks rallied to kick off the new year with the dow up more than 300 points to a record high. >>> lowe's plans to hire more than 53,000 employees this spring, which is the busiest season for home improvement projects. the retailer says the hires will include full, part-time and seasonal positions. lowe's will hold the first walk-in hiring event on january 8.as stores arrive earlier in the season such as florida, southern california a hawaii. >>> and apple may be ready to make a long-term commitment to streaming tv. it has struck a five-year production deal with a former head of hbo to create movies, these and documentaries for e

thank you both for joining us here let's look at some other top stories we are following with rahel solomonng's former ceo is losing another leadership position muilenburg is retiring from caterpillar's board saying it was not due to any disagreement with the company >> jp morgan employees will not receive any bonuses this year. keeping pay flat this is despite the unit seeing its best year since 2011 they brace for an increase in pay outs jam jamie dimond seeing an increase to his pay >> data from the government showed the messaging app showed vulnerabilities marking significant jump that saw one or two issues the report comes amid scrutiny of alleged phone hacking of amazon ceo jeff bezos. >>> thank you. we have more on the coronavirus outbreak we have more on the second largest economy coming to a halt are you looking for safe spots for investments. 6 of 11 s&p sectors are positive utilities the underperformer technology runner up stay tuned, "worldwide exchange" will be right back no two patients are the same. predicting the next step for them can be challenging. today we're using the i

. >> people are so excited about it she's got everyone talking >> rahel solomon, kate rogers, thank youocks looking for a positive open, plus new details from what jeff bezos wanted from new cities for new amazon headquarters "worldwide exchange" will be right back good morning! oh no, here comes the neighbor probably to brag about how amazing his xfinity customer service is. i'm mike, i'm so busy. good thing xfinity has two-hour appointment windows. they have night and weekend appointments too. he's here. bill? karolyn? nope! no, just a couple of rocks. download the my account app to manage your appointments making today's xfinity customer service simple, easy, awesome. i'll pass. >>> welcome back, time for your executive recap. headlines you need in 60 seconds. google's parent company has joined the rank of the world's most exclusive clubs joining apple, microsoft and saudi aramco the white house revealing the president will submit nominations of judy shelton and christopher waller to the senate for confirmation >> we are learning new details on the incentives amazon was looking for f

developing story, president trump demanding apple unlike the iphone used in a terror attack in florida rahel solomonh us with the story. >> so president trump lashing out at apple after their refusal to unlock inphones used by criminals. in a tweet saying, we are helping apple all of the time and yet, they refuse to unlock phones used by killers and drug dealers. they will have to step up to the plate and help our great country now. the comments come a day after the u.s. attorney general called on apple and the fbi to unlock two iphones after what was called an act of terrorism on monday, it did reject barr's accusation that it different provide assistance it said it responded the day after the shooting and apple has turned over many gigs of data including i cloud backups and transactions apple previously said it would have to build a specific tool to access encrypted data after the san bernardino attack in california they would have to build a backdoor to get into encrypted phones, they believe that would exploit privacy issues to bad actors that is the issue. >> the issue here that americans would

rahel solomon joins us. >> the faa and boeing confirm they're reviewing a wiring issue that could cause short circuiting on the 737 max. they are examining if two bundles of wire are too close together the boeing says it's working with the faa to analyze the issue and it's premature to speculate whether this will lead to any design changes. officials say the faa directed boeing to complete an audit last month. this wiring issue could push back the return of the max, potentially. the faa is not expected to recertify the plane until february "the wall street journal" reporting the faa is considering mandatory flight simulator training before pilots can fly the 737 max again. the agency had previously rejected the idea, which would add to cost and delays for airlines a formal decision is not expected until next month or later. meantime, we know boeing says it will halt production of the max this month the crisis has cost the company $9 billion so far and hit both suppliers and customers. boeing shares are lower today, as we can see. they're also down about 12% since the max was grounded la

. >>> rahel solomon joins us with headlines. >> we'll get to space cowboy later in the show. in the wake of carlos ghosn's outing, nissan is planning a split from renault they call it war gaming, a total divide of engineering and manufacturing as well as changes to nissan's boards despite efforts to improve relations on both sides, the partnership which produces 10 million cars a year has reportedly become toxic. >>> the trump administration is planning to permanently halt its civilian drone program because the devices are made, at least partly in china. this is also according to the apt. they are halting 1,000 drones after deciding the risk of the drones being used by beijing for spying was just too high sources tell the ft that the interior secretary has not signed an official policy but is planning to pull the fleet from action with exceptions for things like emergencies like fighting wildfires and also training. >>> and treasury secretary steven mnuchin says boeing's 737 max crisis could curb u.s. gdp in 2020 by half a point. he says that he still expects the economy to g

rahel solomon, thank you very much i'm still trying to find a la leaded gas station >> this is how youw the economy is doing well, when people can spend $600 for something like that. we have two subarus. >> so you're a subarite. so put on music tonight. lps. >>> and up next, why michael blambu bu bloomberg plans to campaign through the general election even if he loses the democratic nomination and also as a reminder, you can watch us live on the go on the cnbc app we're also available on lp and tape back after this. you leave it to me. i'll get your taxes in an ok place. what? just as soon as my audit's over, this gets my undivided attention. you take a lot of trips to the islands, phil? pretty great, right? oh phil's legally dead. fell off a boat. going by denis now. celery. long story. what do we got here. oh. not going to want to see this. i don't think this is going to work. just ok is not ok. at&t has america's best network, now with our best plans, at our best prices, starting at $35 a line for 4 lines. new from at&t. our retirement plan with voya gives us confidence. yeah, they

i'm rahel solomon at cnbc headquarters and here are the top business headlines. wall is set to open higher as optimism grows over the u.s. and china signing phase one of the trade deal this week. stocks rose on friday with the dow topping 29,000 for the first time but then the markets closed lower as euphoria was offset by lower than expected job and wage growth. on the watch list, reports on inflation, retail sales and housing and the consumer plus earning season kicks off with results from jp morgan chase and bank of america. panera plans to cut the amount of meat items on the menu by a third. this is as the chain expected further rising demand for alternative ingredients. panera is owned by the food and consumer product jab holdings which owned keurig and krispy kreme. the financial times said they are introducing more plant-based food. and tick tok is exploring content to create a safe space for brands who advertise on the viral video app. this could include a stream of carefully content of growing army of tik tok creators and it would allow tik tok to charge

. >>> good morning, i'm rahel solomon at nbc headquarters and today's top business headlines. wall street set to open higher. stocks staging a u-turn yesterday to close at the highs of the session and the biggest comeback in three months. it was down 300 points but closed up 70 points. shrugging off concerns about the rising tensions in the middle east. factory orders and the trade deficit. nearly two-thirds of car owners who use ride hailing services like uber or lyft would consider giving up personal vehicle over the next decade. and a new survey by a censure finds that consumer satisfaction with ride hailing companies is very strong due to reliable pickup and dropoff times and ease of booking and payments. the vast majority of people expect to maintain or increase spending on ride hailing this year. now despite that customer loyalty is still illusive as more than half say they switch between brands. and burger king will test a plant based krois sandwich including a sausage patty from impossible foods but it is not vegan because it does have eggs and american cheese. the tes

contessa brewer, robert frank, and rahel solomon. >> who is contessa brewer?> for 400 -- top three favorite person on the set now. all right, first up, shares of google's parent company, alphabet, hitting a new all-time high pivotal research upgrading to a buy rating from the whole boosting their target to 1,650 the math is about 18 more upside on alphabet. the analyst says he's optimistic about the new ceo of the whole company. he's also bullish on google's cloud opportunity and points out the strength in the core advertising business what's interesting about this, last night watching the golden globes, everybody talking about netflix and amazon i'll bet you that google with youtube is actually the most-watched, quote, network in the world, and it's -- doesn't seem to be getting a lot of love >> it may not. the investor here seems to like pichai's compensation package, a significant amount that's tied to the stock price so if the stock does well compared to the s&p 500, shareholders do well they really like that. >> yeah, if you outperform -- had fee outperfo

i'm rahel solomon at nbc headquarters with the top business headlines. wall street expected to open slightly lower this morning following the missile attacks on the u.s. air bases in iraq. stock futures have plunged and the dow is indicated to fall more than 400 points and have come off the overnight lows and looking like 23 points. oil prices also surge as much as 4% but have now pulled back, up about half a percent as they await a response. we await president trump on a possible u.s. response. stocks in asia and europe lower as well. and sprint is shutting down virgin mobile usa next month and will transfer customers to boost mobile. virgin has 6 million subscribers and customers could keep the phone and pay the same price but you may have to change how you pay because it will not support paypal accounts. and the holidays are over. but we still may be paying for it. a survey by wallet hubs finds that 9-million americans overspent but one in four said the holidays are worth going into credit card debt. more than half plan to pay off the holiday shopping

i'm rahel solomon at cnbc headquarters and here are the top business headlines. wall street is having a lower open following declines in asia and europe, concerned about per holiday. the dow and nasdaq and s&p 500 all hitting freshaugust. on the watch list, earnings from ibm and netflix. tesla is disputing claims by a california man that cars could speed up out their own. tesla said it checks when drivers report their cars does this and in every case the car drove as designed. tesla claims that the man who filed the claim is a so-called short seller on investor who bets on a price of a company stock to drop. federal officials will look at claim and decide whether to open a formal investigation. >>> and subaru is planning to only sell electric vehicles by the middle of the next decade. the move comes amid stricter e mission rules around the world and in china and the european union. they are developing a pair of electric cars with toyota due out in the next few years and others will follow. hybrid and lek rick models will make up 40% of the auto production. back t