high frequency trading i think should be dealt with by the security and exchange commission. there is purpose to these trades and there is an argument that high frequency trading provides necessary liquidity for our capital markets. we do enjoy in the united states the deepest most liquid competitive capital markets in the planet. that's because we do have active free markets. we need to preserve and protect that not just for retirement savings and savings for college and creating access to savers to the markets so that they can achieve their financial goals, but also for capital formation in order to provide the liqu liquidity and capital for small business formation and for entrepreneurs and homeowners. it is vital that we continue to preserve the features of our capital markets that make it dynamic and attractive for investors not just here in the united states but globally. we want our capital markets to be a destination for capital and our financial transaction tax would not raise the revenue that proponents are advocating because what it ultimately would do, that capital

security and exchange commission to settle, a lawsuit. and lower his controversial twitter habits. under the terms of this agreement, elon musk will be required to seek legal counsel before posting, any public statements. including tweets regarding tesla's finances and business operations. the judge still has to sign off on this agreement. if that happens, musk will not be held in contempt for an earlier settlement with the fcc. >>> taking a live look at san jose right now. new data shows silicon valley if it was its own country it would be the second richest country in the world. areas like fremont, palo alto, mountain view and gilroy, had a per-person $130,000. that's just behind the oil producer country. silicon valley beat out luxembourg, singapore and ireland. >>> presidential candidate joe biden appeared on the view today. he was asked about accusations of inappropriate touching. >> i am really sorry, if what i did talking to them, consoling them that in fact they took it a different way. >>that's like i'm sorry i invaded your space. >> i am sorry i invaded your space. >> als

leaving her with four percent worth thirty five billion dollars a new york judge told the securities and exchange commission and the long lost to settle a dispute over how much the tesla c.e.o. can tell in his twitter feed the f.c.c. says mr musk violated a deal when he tweeted about production without any long is approval the judge told both sides to meet in the next two weeks if they can't resolve their differences. it will make a ruling wheels question. well last december south korea's telecoms companies began broadcasting superfast five g. signals for commercial use now the nationwide ultra high speed network has been opened up to smartphone users and on friday samsung rolls out its first five g. capable smartphone to an eager public. south korea's telecom providers are the first to unveil a new us internet technology for s.k. telecom c.e.o. . it was clear like landing on the moon five g. will be a giant step for mankind. the new mobile internet will be one hundred times faster than the previous four g. systems s.k. telecom's network of has eighty five cities and towns using thirty four thousand base st

judge has ordered the securities and exchange commission and elon musk to get together, to confer over the matter. it did not rule on the s.e.c. contempt motion. so all the buildup today has kind of -- speaking of brakes, right, slamming on the brakes at the moment. we do have this live picture outside the courthouse. elon musk is expected to walk out at any moment. i suspect he would look at this, i could be wrong, but as a victory in a way, because he was accused of contempt for tweeting the out some numbers that he wasn't supposed to tweet out without approval from the chairman and the board of tesla. he is coming out. you can see him right there. we will take the picture live. i don't know if we can zoom in there. as he leaves, charlie gasparino had reported, of course, that the judge has made the s.e.c. pretty much say that he can still remain ceo. he looks like he's got a smile on his face. again, sunny day in new york. he's surrounded by a huge gaggle of camera crews here. fox business is right there in all of it. the stock had been down 7.75% and i don't know, you have to go ba

representing the prosecution, the defense and the securities and exchange commission. while prosecutors wanted a tentative trial date to be set, attorneys for holmes and former theranos president said they needed more time to review millions of pages of documents. defense attorneys also said they were having difficulty lining up billionaire witnesses for depositions, investors who had pumped an estimated $700 million into the blood testing company there are 20 million pages of evidence in this case. the number could grow because the judge did extend the period of time in which new evidence can be now this is a ream of paper. in this digital era, hopefully most of the documents are now electronic. prosecutors also told the court they recently obtained a hard drive containing four terabytes of videos promoting theranos which needed to be reviewed. all parties will return on july 1 to see if an agreement can be reached. for a trial date, there is speculation it may not happen until next year. they're seeking additional documents from the securities and exchange commission

. >>> uber has filed an initial public offering or ipo with the securities and exchange commission andng up as one of the biggest tech offerings every. we are live from the newsroom to gournd -- to go under the hood and explain who will benefit most and who won't. >> uber's saying that there's been some missteps but they stand to make millions and dliefrs nowhere close to that. >> to say uber drivers feel their getting the short end of the ipo deal, would be an understatement. >> i would love to give more money since they are going to go public and they are going to make a lot of money. they depend on us. >> uber plans to pay $300 million in driver appreciation poe news. more than drivers with a thousand trips or more will get 100 to $10,000. >> they offer me $500. >> the drivers is have long been asking to be employees instead of krcontractors. many have gone to arbitration because of it. uber recalls a huge customer backlash in 2017. >> it mentions the delete uber movement that happened a couple of years ago and it lost hundreds of thousands of passengers. >> reporter: still, uber is

just last month we got a new laws to the wood that got filed from the securities and exchange commission there saying that investors got defrauded so there is a lot going on and still happening so this case also as far as from solved here in the united states and then we haven't even spoken about the reputation of folks in the u.s. i mean it's nebulized a bit in the past couple of months but still the end tire folks group has a market share of less than four percent here in the united states of folks wagon and said they would love to double it but under other circumstances right now this goal might be tough to achieve in the near future. and reporting from new york there now for months the united states and the european union have failed to make any progress in their trade dispute until now on monday e.u. member states approved the start of negotiations hoping to conclude the talks by october and to prevent u.s. president donald trump from pressing ahead with threats to impose tariffs on european cars. e.u. officials are hoping to put an end to their ongoing trade dispute with washington

tesla boss elon musk and the us financial regulator, the securities and exchange commission, have askede over his use of twitter. the sec sued musk last year for making fraudulent statements after he tweeted he had funding secured to buy out tesla, sending shares soaring. it has since accused him of breaking the terms of their settlement by tweeting further market—sensitive information about tesla. and now, what's trending in the business news this morning. business insider looks at how amazon is defending itself from the haters by talking up all the worthy things it is doing. the earnings statement is full of details of social projects it's undertaking — amid growing criticism of the company's market power and employment conditions. cnbc reports comments from an interview with ford's chief financial officer — ‘the ship is starting to turn' for the company, says bob shanks. and a worrying report on bloomberg for mobile phone makers. people are hanging onto their old phone for longer than ever. verizon in the us says the upgrade rate fell to a record low last quarter. and don't forget, l

securities and exchange commission detail. their business and plans for the future, and how many shares are going to be offered, and ultimately what the price of the shares will be, as the initial public offering, that is when the shares will become available to the public occurs, the final price is said in the companies go public, and we have seen many of these in reach . it is part of the compensation package and many companies to get a certain number of shares that can be exercised at a later date, it serves as additional compensation, but also an incentive for the employees to stay with the companies and help them succeed. the options are usually subject to a vesting schedule, so there's a certain amount of time before they can sell them, or before they can buy them at a set price which is usually greatly discounted from what the market price will be on the difference and the difference becomes part of their income up. there is a date that first establishes when they can get all their stock options. in the u.s., data on the

the us securities and exchange commission had asked thejudge to hold mr musk in contempt for continuingtive information about tesla without permission. the issue goes back to a settlement reached last year after mr musk tweeted falsely that he had secured funding to take tesla private — sending its shares soaring. the bbc‘s michelle fleury was at the courthouse in new york. the tesla ceo elon musk was in the courthouse behind me after america's main financial regulator asked a judge to find him in contempt of a settle m e nt judge to find him in contempt of a settlement deal reached last year. they claim he violated the agreement by tweeting on february 19 information about the company's production numbers which they say should have been preapproved. much of the questions the judge asked focused on whether or not that information was material or not. she also focused on the language in the settle m e nt also focused on the language in the settlement wondering whether or not it was clear and unambiguous. in the end she ordered both sides to go away and try to resolve their differences, g

. >> reporter: forced to answer to the securities and exchange commission as she was investigated for an elaborate, years-long fraud. >> do you swear to tell the truth, the whole truth and nothing but the truth? >> i do. >> reporter: suddenly, the woman who seemed to always have all the answers. >> we are the only lab company that is actually really focussed on leading with transparency. >> reporter: now had none. >> >> i don't know specifically. i'm not sure. i don't know exactly. >> reporter: claiming ignorance more than 660 times. >> i would be speculating. i just don't know. >> reporter: elizabeth holmes, once valued at $4.5 billion now worth virtually nothing. >> she was able to put the magic spell on people with her big blue eyes and her deep voice. she would have been the next steve jobs. >> reporter: she settled with the sec with no admission of wrong doing but now faces charges from the department of justice. she has pleaded not guilty to all charges. as holmes awaits a criminal trial, this fascination with this saga will live on in the upcoming portrayal by mckinnon >>> the

>>a judge in new york has urged the security and exchange commission and tesla elan musk to settle a dispute over how much he can tell in his tweets the us district judge wrapped up a contempt of to that contempt of court hearing today by telling both sides to meet in the next 2 weeks and if they cannot resolve their differences. she says she will rule the sec says must violated a deal when he tweeted about tesla's vehicle production numbers back in february without a lawyer's approval. his lawyer says he did not violate that deal. you know of us are twists in the case of a teenager who claim to be a boy who went missing 7 years ago, but the fbi just revealed about his story. >>and 51 years ago today doctor martin luther king junior was assassinated at the lorraine motel in me >>those are being held across memphis tennessee today to honor the life of doctor martin luther king junior civil rights leader famously known for his moving. i have a dream speech and so much more was shot at 6 oh 01:00pm ah standing on the balcony of the lorraine motel back on april the 4th of 1968. >>the 39

now to the securities and exchange commission versus elon musk, the tesla chief headed to court todaygal t battle between his company and the s.e.c. a federal judge will hear arguments in a lawsuit filed by the agency, asking the court to hold musk in contempt for violating a $40 million settlement. joining us now is tatia keeny. how have you been trading or recommending this stock in light of all this, tesla? >> >> light of the s.e.c. investigation? maria yes. >> we don't try to predict legal outcomes. i heard you say earlier you don't think he'll be removed as ceo. that's most important to us. we want him to stay at the helm of the company, as tesla is reaching full autonomy with its vehicles. dagen: think about the outrage about that, if a federal judge because of a tweet -- a tweet violates a settlement with a securities regulator which has no really criminal authority over companies, it has -- it can file civil cases, having a judge remove a ceo for a tweet ain't going to happen. [ laughter ] maria: had want to remove president trump for his tweets. >> how do you manage your expe

it was about his settlement with the securities and exchange commission. on the way into court, musk commented on the legal system but only laughed when asked about the s.e.c. >> the justice system. i think the american system is outstanding. >> what about the s.e.c.? >> you saw him smirk and chuckle. a federal judge heard arguments about whether he should be punished for contempt. they said he violated the settlement, their settlement, when he tweet about test's vehicle production in february without a lawyer's approval. the judge said to put your reasonableness pants on and settle the issue. >>> the city of teed mont may be without any gas stations. this situation is all too common as many cities see gas stations going away. more from abc news anchor eric thomas who is live in piedmont for us. >> reporter: we complain about in it san francisco all the time. where do youas downtown? the downtown area. so many gas stations are closed to make way for development. well, the tiny city of piedmont is facing the same thing. that's the valero you were talking th

it filed papers today with the securities and exchange commission. slack says it collected $400 million in revenue in 2018. with a net loss of $138 million. slack is pursuing a direct listing rather than an ipo. >>> joe biden has bragging rights tonight. his presidential campaign says it raised $6.3 million in its first 24 hours. that figure beats his -- all of his democratic rival. >>> survivors of the wine country wildfires are being cited for how they are rebuilding. the trouble over a fence. as if todd and his family didn't have enough to deal with after the fire, rebuilding their house, rebuilding their lives and now the county wants to play hardball over a fence. his old fence, like his old house, burn to the ground in the fire. the 40 -year-old fence was 6 feet tall in the new fence is in exactly the same place but 7 feet tall. code set it must be cut down to three and a half feet. sonoma county wasn't kidding. >> on was $2000 for a use permit reached out twice and received another letter in the mail saying i of them almost $500 in daily fines

the securities and exchange commission have charged him and also him personally for defrauding investors in the u.s. but by not informing them about all the details of the scandal in time by sitting on information and not being forthcoming with it and by that of course the. has lost immense value in the process especially when when they have the whole scandal really erupted that cost. shell has billions of course this is not a good day for the german car industry or is it your heart i mean is is the industry turning over a new leaf here well it's a never ending story is it i mean how long have we been. reporting about this and there's a new leaf being turned every couple of weeks now it seems that the right people are coming to pay for it all or at least to look into it who was really personally responsible for these parts of this scandal and also this you talk about the german car industry this morning yesterday morning actually had to merge that there's a new probe that's going on against donovan's the maker of mercedes cars about that pod in emissions cheating and they pretended that

besides the criminal case, holmes is also facing a civil lawsuit by the security and exchange commission. in san jose, len ramirez, kpix5. >>> tonight's rockridge station in oakland has reopened. it was closed about two hours the beginning of rush hour after a person was struck and killed by a train, unclear how they got onto the tracks. the incident caused major delays. law enforcement and the coroner both on scene. >>> in santa clara county a driver was caught on camera plowing into a man. the victim's family saw it all happen and tried to chase down the suspect. kpix5's kiet do picks up the story from willow glen in san jose. >> reporter: san jose police say nobody got a good look at the car, the license plate or the driver. so investigators will need the public's help tonight. the crash happened yesterday evening as the prado family celebrated easter at their home on foxworthy avenue. >> oh! >> reporter: for whatever reason another car honked as antonio prado was crossing the street. he stopped in the road to turn around anok i loed when i turned his way, that's when the impact happe

securities and exchange commission. he sec wants to hold musk i contempt over comments he posted on twitter. in february he tweeted that his electric c company could build around 500,000 cars this year. the se claims the tweet violated musk's 2018 fraud settlement in which he disclosed private share infoumation wi approval. legal experts say a contempt finding could force the llionaire to step down as tesla's o. >>> the tidal basin is one of most beautiful places this time of year. now it is officially a gnash treasure. on the steps of the jefferson memorial, the national parks atrvice joined with the trust for thenal mall and the national trust for historic lapreservation to d that the time to save this national treasure isw. the tidal basin was designed in the 1880s, and the parks service says it was notuilt to handle the millions of visitors. >> on a daily basis, walkways surrounding the basin are flooded at high tide making them impassab for visitors and compromising the roots of these very cherry trees. the area wa

lawn musk is set to begin a federal judge in new york will hear arguments from the securities and exchange commission. >>the agency accuses moscow of violating a settlement deal reached last october according to the deal must cast to get preapproval for social media posts about his electric car company in february musk tweeted that tesla is expected to make around 500,000 cars in 2019. so the sec sued musk denies wrongdoing and accuses the sec of trying to stifle free speech. if the judge sides with the us could face a fine for their limits on a social media use or even be ousted as cio of tesla. >>the violence against women act is getting broad support in congress but now the nra is standing in the way we'll break down the issues. and if you're streaming us right now on crime on the news continues during the commercial break go to crime t v to see what you're missing. even if no one in your home smokes, secondhand smoke can be closer than you think. secondhand smoke from a neighbor's apartment can enter your home through air vents, through light fixtures and even through cracks in the walls and the

not a publicly traded company because of that it's not subject to the rules of the securities and exchange commission in the same way that a publicly traded company would be and a lot of the. the departures from tradition that this president as engaged upon are breaking norms not breaking last necessarily but the behavior it's the behavior exactly but you know the family if there is. a conflict of interest the family's going to be wrapped up in that because in many ways it's hard to tell where one ends and the other begins the good point. i was just looking at the titles that have been given to his children since he became president and his daughter ivanka trump she has no special advisor to the u.s. president isn't there right there is that a conflict of interest i mean matches in many ways the structures of the company itself because you know he was the president c.e.o. and his three children were the executive vice presidents response and for different departments and she is now playing the role whichever is most convenient for her either senior advisor to the president an employee of the u.s. gov

besides the criminal case against her, there is also a civil case against her, with the securities and exchange commission is unclear at this time if that will have to wait for the criminal case to clear before he can get started. back to you. >> life in the courthouse, thank you. >>> just moments ago, a cliff rescue wrapped up in san francisco, emergency crews responded to reports of one man who was found clinging over the side on a cliff. chopper five shows just how steep and rugged that terrain is. officials to say the man was yelling for help before rescue crews finally got to to him. he is now being evaluated by medical personnel. >>> a commuter alert, parts rock ridge station in oakland is now back (it was closed for over an hour after a person was struck and killed by a train. it is not clear how they got on the tracks pick law enforcement in the corner were both on scene. >>> new video this evening of an all-out fistfight that broke out in the middle of a busy bay area highway. check this out, video posted on social media shows two guys punching each other repeatedly. one fall to the ground, that

ilan mosque is set to begin a federal judge in new york will hear arguments from the securities and exchange commission. the agency accuses moscow of violating a settlement deal reach last october according to the us has to get preapproval for social media post about his electric car company us tweeted that tesla is expected to make around 500,000 cars in 2019. so the sec wrongdoing and the sec of trying to stifle free speech. now if the judge sides with the us could face a fine for the limits on his social media use or even not oust him as cio of tesla so we'll see what happens on to national news now special counsel robert mueller's investigators as say that the mueller report is more damaging to president trump and what attorney general william barr disclose in a summary. now this is according to the new york times yesterday house democrats approved a subpoena to get the full unedited report. now the vote also authorize subpoenas for 5 former white house officials. those are related to obtaining documents in the house panel's probe into possible obstruction of justice. attorney general william barr

also happening thursday, tesla ceo elon musk and the securities and exchange commission, the financialurt on the progress of the negotiations to resolve the sec‘s motion to hold mr musk in contempt of court for violating an earlier settlement agreement. joining us is kathleen brooks, founder & director, minerva analysis kathleen, interesting what's coming out of turkey. questions about the foreign reserves and quite how extensive they actually are? great analysis on this. they announced foreign reserves were over 28 billion for april however the ft looked back and found nearly half of this was actually from the very complex currency derivatives and swa p complex currency derivatives and swap arrangements that have been really battling ahead since the end of march and actually, if you take that out, it's only about 16 billion that's left. the risk for this is turkey has been attacked by the markets, if you like, its currency coming under a lot of pressure because financial markets, investors, analysts, they don't really like the economic path that the president is taking. the risk is if

securities and exchange commission has denied a bid from exxon mobil shareholders to force the company to say what is is doing to address the climate change the f.t.c. ruled that exxon mobil's management can legally keep shareholder proposal for the company to divulge plans to address emissions produced by exxon product that could currently threaten human civilization the group of activists shareholders was led by new york state comptroller thomas the napoli in a campaign to get exxon to endorse the goals of the global two thousand and fifteen paris agreement at the may two thousand one hundred shareholder meeting and f.t.c. lawyers said that the proposal attempted to micromanage the corporation mr de napoli the new york comptroller said we will continue to press exxon and others on climate risk and consider all options available to us in our next steps. and moving from exxon's latest internal moves will now check out how the oil giant is fairing in the markets and much more joining us to lend a hand to drill into exxon stock we're now joined by adam mesh the c.e.o. of adam mesh tradin

limits and hundreds if not thousands of career prosecutors, agents of the fbi, the irs, securities and exchange commissionind evidence beyond a reasonable doubt, which is the standard in the us, to indict the head of a financial institution. that does not mean that there was not unreasonable, negligent, corrupt, greedy behaviour, but the law requires you be able to prove intent on the part of the individual in charge beyond reasonable doubt before we can go forward and there may have been a lot of things that went wrong and a lot of things that people should be held accountable for those cases were not there and thatis for those cases were not there and that is the best you can do, as oversight in the book at some length. yeah, but the fact is you bathed in the plaudits of being the tough guy in the prosecutor's office, i think time magazine ran a cover, this man is busting wall street, all about you but then the reality, according to a legal a nalyst reality, according to a legal analyst who wrote the book all about the justice department and analyst who wrote the book all about thejustice department and

limits and hundreds if not thousands of career prosecutors, agents of the fbi, the irs, securities and exchange commission not find evidence beyond a reasonable doubt, which is the standard in the us, to indict the head of a financial institution. that does not mean that there was not unreasonable, negligent, corrupt, greedy behaviour, but the law requires you be able to prove intent on the part of the individual in charge beyond reasonable doubt before we can go forward and there may have been a lot of things that went wrong and a lot of things that people should be held accountable for those cases were not there and that is the best you can do, as oversight in the book at some length. yeah, but the fact is you bathed in the plaudits of being the tough guy in the prosecutor's office, i think time magazine ran a cover, this man is busting wall street, all about you but then the reality, according to a legal analyst who wrote the book all about the justice department and its handling of the financial crisis, he concluded this, it is an utter mess that preet bharara did anything significant about wall stree

. >> they just publicist the change in a filing at the securities and exchange commission. >> and then the super green, how does that compare price lies? >> we are seeing a savings for our customers. a little more than 2% relative to the 100% renewable project and of course, it is 100% renewable. >> right, right. and then -- >> c no, it would be around 2% higher. we have been charging for super green, about 2% more than green, the green product. that differential remains the same, but of course, the savings relative to the default product is greater. >> i think i understand that. cost -wise, it would be the same if i were super green, or if i was a customer right now. >> i would have to get back to you on what the differential is, but i think we are still a little bit cheaper than their 100% product. >> great. and last question, with the proposed adjustment that we don't really know about yet, but assuming that this proposal goes through, will that affect those numbers? >> yes, it will affect the numbers and we will come back to you with what we recommend be our 2019 changes as a resul

we also do like a business, a full big old fat 10k which businesses files with the securities and exchange commission government should be analyzed and held accountable by the number sfwls people can go to usa facts.org. >> correct. >> when you look at the numbers right now what do you see as the one of two biggest problems we are faceing? . >> well, now i'm giving you my perspective. i encourage other people to think about it. reading proficiency, 8 graders, 38%. some say it's great. it's up from 34%. i might look at it and say 38% reading proficiency scores don't bode well for the futures of our country and our economy. i would underline and underscore that if you will despite the fact education spending has risen dramatically per capita. you can look at the specific numbers in the report. we have not improved educational outcomes that much. >> that is a big problem. when people talk about the hollowing out of the middle class. we will take a look. you can see, what does life look like for people in the mid-20%, which means now in america, householding in of 33,000 to $65,000 bucks. look at it. peo

the securities and exchange commission wants to hold musk in contempt of court.agreed last year to get approval from tesla's attorneys before posting about the company on social media. tesla's stock value surged after the tweet. the s.e.c. fined musk and tesla $40 million. tesla is reporting the biggest sales drop in the company's history. sales decreased 31% in 2019 and there is one reason why. the company rushed to complete some sales before the end of last year. that is now half of what it used to be. >> joe biden says he will be more mindful about respecting women's personal space. some of his critics say he isn't going far enough. >> the boundaries regarding personal space have been reset. and i get it. i get it. i hear what they're saying. >> biden is responding to complains he touched some women without their consent. he called his actions gestures of support and encouragement and understands he made some people uncomfortable. now a critic who says biden planted a kiss on the back of her head says he needed to clearly say i'm sorry for his actions in that

maria: quick break, elon musk tweets out even though with battle with securities and exchange commissione of social media. the american flag sparks backlash? one california community divided after local police department took the stars and stripes to ride on its cars, we will be back in a minute. 2,000 fence posts. 900 acres. 48 bales. all before lunch, which we caught last saturday. we earn our scars. we wear our work ethic. we work until the work's done. and when it is, a few hours of shuteye to rest up for tomorrow, the day we'll finally get something done. ( ♪ ) the day we'll finally get something done. dear tech, let's talk. you blaze trails... but you have the power to do so much more. let's not just develop apps, let's develop apps that help save lives. let's make open source software the standard. let's create new plastics that are highly recyclable. it's going to take input from everyone. so let's do it all, together. ♪ ♪ let's expect more from technology. ♪ ♪ i can customize each line for each family member? yup. and since it comes with your internet, you can switch wireless ca

in the securities and exchange commission has two weeks to work out differences. is is about his posts on social media. a u.s. district judge says the sides should reword the deal to isid ambiguity on what musk and is not allowed to post. samsung has reported operating profit drop, the most in four years. it has been buffeting membership prices. 60% in the quarter, they issued a rare warning last month that it will be short of estimates. that is your bloomberg business flash. concerns over a protracted slowdown in europe is being fueled by economic data. a double blow yesterday, a factory slump followed by a forecast for 2019 predicting the weakest growth. equity is set to cut its forecast. jane foley, head fx strategy, senior currency analyst, rabobank and emmanuel cau, head european equity strategy, barclays bank are still with us. we were talking earlier about with global equities, you were advising not to sell. with european equities, are you taking a position on europe versus the rest of the world, or more reallocating within europe? emmanuel: both actually. t

don't necessarily agree with you and i think it's a legitimate policy question for the securities and exchange commissioninancial services committee in congress. we want to make sure that investors quickly, retail investors do not feel like the system is rigged and we need investors to have confidence in the transparency and the accountability of our financial markets. i think it's altogether appropriate that the x -- that the securities and exchange commission look at a regulatory regime that makes sure there is a level playing field with transparency in that people know that high-frequency traders are not rigging the system. i think it's a legitimate issue, but it should not be dealt with in this very noncompetitive, anti-competitive financial transaction tax proposal that is nothing more than a revenue grab and an attack on the class retirement savers. what we should do is look at a regulation that creates transparency in our financial markets so that retail and main street investors have confidence that the system is fair. host: from texas, independent line, john, hello. this whole notion of everythi

securities and exchange commission to go public.n 2010, we work is one of the most valuable privately held companies in the u.s. raising billions of dollars in funding on the selling point of community. we work joins a hoard of other so called unicorn companies that expect to go public this year. lyft, pinterest, and zoom have already made their wall street debuts while uber and slack are expected soon. >>> jp morgan tried to give a bit of monday motivation. the bank deleted a tweet posted by its chase bank account monday after several people including presidential candidate elizabeth warren criticized it as tone deaf. the tweet depicted a hypothetical conversation between the customer and their bank account with the hash tag monday motivation. senator warren who has frequently criticized, called for a bailout in 2008 in the wake of the financial crisis. the chase bank twitter account responded to the backlash saying our monday motivation is to get better at monday motivation tweets. thanks for the feedback twitter world. monday mot

. >> work it out yourselves that's what a federal judge ordered tesla ceo and security and exchange commission to do. the they want musk charged with contempt. claiming he violated the settlement in february by tweeting the vehicle production. the settlement was reached after musk tweeted last year about taking the company private. which caused tesla sheas to skyrocket. the judge said work it out and come back and check many in two weeks. >> shares dropped about 8% on news the company delivered 63,000 cars in the first quarter. below the forecast of 76,000. a big reason is the federal tax credit. for electric cars have been cut in half. and the tax credits will be slashed again july. >> this might be the hippest spot to hang out in the entire south bay. high end cocktails as well. jack rose the hot spot is shutting down. in its place is new housing. >> losing a unique spot. >> it's very quiet here. and empty. opposed to what it was known for. being full and loud. it is a victim of a sign of the times. all that's left is a sign saying thank you for the memories. >> the sound of music has been r

in his dispute with the securities and exchange commission. the sec accuses musk of telling untruths about the company on twitter, and they dragged him to court. the judge in the case told both sides, musk and the sec, to put on their reasonable -- let me try that again. reasonableness pants. first time i really have ever said that. gave them two weeks to work out a settlement. the september had already made a settlement with musk over inaccurate tweets. the sec said they violated the first settlement. roku, the company is offering hbo without the need for cable but saw its threat were fall on the threat from amazon, which will work on a new slate of free channels. much it buys up lots of companies. here's my colleague from the "new york times" talking to the roku ceo. >> is you're a $7 billion company. >> market cap. >> i'm wondering if that makes you a takeout target for one of these companies. >> is i have no idea. >> oh, you do too. look at that face. >>> giants home opener. we have been counting down the hits, home runs. sure to have you w

. >>> tesla ceo elon musk faces off with the securities and exchange commission in court over a pair of tweets. he said they will make around 500,000 cars in 2019. and then he backtracked saying the company will deliver 400,000 cars this year. the sec says he violated a settlement deal that hires him to get preapproval for social media posts about test. he argues the sec is trying to stifle free speech. troubles don't stop there. tesla reported the biggest sales drop in its history. they saw a 31% decrease in sales in the first three months of 2019 compared to the prior order. it was also the first quarter to order sales decrease in nearly 2 years. one factor, the company struggled to shift its model 3 to customers in europe and china. >>> a look at the berkeley pier this morning. ferry service from here to san francisco and get one step ulcerative reality today. and a few hours water officials will vote on a public planning process. the berkeley city council approved the plan and it wants to either revive and reopen the broken fear, or create anyone. city officials closed the peer ab

>>from the securities and exchange commission and they say that muska violated a settlement deal reachedording to that deal musk had to get preapproval for any social media posts about his electric car company in february he tweeted tesla is expected to make about 500,000 cars in 2019. so the sec suit. us denies wrongdoing and accuses the sec of trying to stifle free speech. if the judge sides with the sec, most could face a fine and further limits on his social media use or even he could be ousted as seal tesla. it's 5.42 and still ahead. tickets at the market today will have the details after the break. i'm head coach jay wright and this is the lowe's "do it wright playbook." alright matt, tell us what you see here. notice how he's working the cut grass back onto the lawn. he know that instead of going into a bag, it can act as a fertilizer and strengthen his yard. he's not green but his lawn is going to be for a long time. yardmanship is not dead folks. not by a long shot. we are the bobcat belles. we are a drill team from hallsville, texas. i'm the marketing director at the chick-fil

musk was in court in his dispute with the securities and exchange commission. cuses musk of telling untruths about the company on twitter. the judge in this case told both sides, musk and the sec to put on their reasonableness pants and gave them two weeks to work out a settlement. the sec made a settlement with musk over inaccurate tweets. they said musk violated the first settlement. roku is haufrg offering hbo wit cable just in time for "game of thrones". certainly a possible roku is a takeover target for amazon. here's my colleague from the "new york times" talking to the roku ceo. >> $7 billion $8 billion company. >> market cash. >> i wonder if that makes you a target. >> i have no idea. >> oh, you do too. look at that face. >> we are very happy being a stand-alone streaming company. >> but wouldn't mind being bought by amazon. he will talk about the awkwardness of being a platform in which you allow people to put video on that platform like youtube. you get like this guy. alex jones from infowars. roku let him on the platform for two days and kicked him ba