sheldon adelson has died at 87. on thecker would join us life of sheldon adelson.look at this american economy, i will ask the traditional question in this untraditional time. the elasticity of business investment, what has barclays observed? is it malleable, is it something that can support the economy? michael: we think it can. we think it still has room to run in that regard, at least on the factory output side of the equation. output still has room to expand and meet where demand is. we have to climb -- we have declining inventories for consecutive quarters. sayconomist would generally business spending and investment will follow demand. if you keep plugging in stimulus aid bills and you follow with an infrastructure bill, that lays a good groundwork for business investment spending. we are encouraged for the outlook for business spending and are looking for solid rates of growth going forward. lisa: do you buy that the labor market can come back much more quickly than a previous recession because this was an exogenous shock and not the same sort of traditional

who will take over the sheldon adelson mental? will beery clearly it his wife. very feisty guy but he sort of married his counterpart. an israeli-born doctor who specialized in drug treatment programs. she has been right there along with him with all of his major political giving's and causes. she will control the company, family trust. to say thatt fair it sheldon adelson was trying to sell $6 billion of the portfolio, that was a bet on vegas, or was this a more personal reason? chris: he has always been an opportunistic guy. he has sold before when the price is. there are a lot of other things that the company would like to do, potentially expand in new york, texas. most of the money comes from asia, where they have projects in line, renewal of the contracts in macau. those are things that they could potentially use the money for. vonnie: thank you. a very wide-ranging obituary for sheldon adelson. that is on the bloomberg. go read it. ♪ . . . not: president trump is taking any blame for last week's deadly riot at the u.s. capitol. speaking to reporters as he

among the great and the good in attendance, sheldon adelson, a man who had spent millions of dollars a big supporter of donald trump and conservative causes, but, his life was my great passion was the state of israel. is backing of the trump administration paying off in spades, with the us embassy being moved to jerusalem, and america withdrawing from its nuclear deal with iran. dealwith iran. translation: sheldon was _ dealwith iran. translation: sheldon was an _ dealwith iran. translation: sheldon was an enormous - dealwith iran. translation: i sheldon was an enormous jewish sheldon was an enormousjewish patriot, he strengthened the position of the state of israel, to strengthen its position in the united states. born to jewish position in the united states. born tojewish immigrants, born to jewish immigrants, sheldon born tojewish immigrants, sheldon adelson was a natural entrepreneur. found dozens of businesses but really made his fortune here in las vegas, eventually, he would own casinos in the us, singapore and macau, becoming one of the world's richest men. paying his own tri

born tojewish immigrants, sheldon adelson was a natural entrepreneur.gapore and macau, becoming one of the world's richest men. paying his own tribute, donald trump said sheldon adelson had earned immense wealth and a great name. he lived the true american dream. let's get an update from the bbc sport centre. hello i'm chetan pathak with your wednesday sport briefing. we start with manchester united who are top of the english premier league after a 1—0 win over burnley at turf moor and it's thanks to paul pogba who volleyed in united's second half winner. burnley failed to register a single shot on target until stoppage time as 0le gunnar solskjaer�*s side move three points clear of the champions liverpool — who they'll meet at anfield on sunday: you have to go in there knowing that we play against the team that we play against the team that has been, by a mile, the best in the country for the last 1.5 years. they are champions by right and we are looking forward to it and it is a great test of where we are at. meanwhile atletico madrid have gone four p

there are some sheldon adelson stories. i can remember going into a business conference in las vegas, bumping into him, interviewing him. he asked me where i was staying. it was not at one of his casinos. he said poor you. enjoy the buffet. more after this. so you're a small business, or a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig speed network in america. but is it secure? sure it's secure. and even if the power goes down, your connection doesn't. so how do i do this? you don't do this. we do this, together. bounce forward, with comcast business. ♪. neil: you heard of speed dating, how about speed impeaching. the house in a rush to impeach the president of the united states with time wasting, really bringing this down to one single count, alleging incitement of insurrection. that the president's words were so fiery last week among supporters on the southern side of the white house,

sheldon adelson, he will be remembered for the betterment of nation, israel, and the world. my heart goes out to the adelson family. and sheldon adelson, he had big happen and ould could happen. gaming industry in the united states and around the world put his company at the innovation. senator roy blunt. and jacky rosen of nevada, i am passing to hear of the of sheldon adelson. and his wife to combat addiction and substance abuse in changed the ate lives of many. this is erica out of san francisco. a democrat. for waiting. go ahead. caller: yeah. i truly nt to say believe trump is a cult leader and these people are being take ashed and we need to all the compromised congressmen and senators out that are corrupt. prosecuted. be these terrorists are not patriots. they're cowards. if they were patriots, they'd sign up for the military. rioters are the bigot hypocrites. hey wouldn't want people threatening their own well-being or their family but it's ok for hem to go ahead and threat and attack others because they didn't get their way. these people expected they would no conseq

. >> good morning to you this is really an end of an era because sheldon adelson was the last of thels on the las vegas strip, the last founder of a mega brand. at 87 he was the decisioner maker for this company he died last night of non-hodgkin's lymphoma which he battled for some time. it took him off multiple earnings calls, though not out of the office throughout the last couple of years his legacy, profound every market he touched, he changed. adelson's impact on macaw, his vision for singapore, dreams for las vegas, he leaves his mark on every integrated resort in every destination. he had a deep abiding love for israel he donated generously to conservative politics there and smashed records for political donations in u.s. politics in fact, according to the center for responsive politics, sheldon adelson and his wife were the single largest political dopers of the 2020 election cycle giving $218 million to republican or conservative groups they had donated more than $100 million in the 2018 midterms and in the 2016 presidential election they were trump's biggest donors sheldon

sheldon adelson was 87 years o old. ♪ ♪ (quiet piano music) ♪ comfort in the extreme.s. for members like martin. an air force veteran made of doing what's right, not what's easy. so when a hailstorm hit, usaa reached out before he could even inspect the damage. that's how you do it right. usaa insurance is made just the way martin's family needs it with hassle-free claims, he got paid before his neighbor even got started. because doing right by our members, that's what's right. usaa. what you're made of, we're made for. ♪ usaa >> the 25th amendment is of zero risk to me, but will come back to haunt joe biden and the biden administration. as the expression goes, be careful what you wish for. the impeachment hoaxes a continuation of the greatest and most vicious witch hunt in the history of our country and it is causing tremendous anger and division and pain. we believe in respecting america's history and traditions, not tearing them down. we believe in the rule of law, not in violence or rioting. >> bret: president trump along the southern border touting the accomplishm

how it could affect lawmakers on both sides of the >>> casino mogul sheldon adelson has died following applications related to cancer treatment. the son of jewish immigrants, he became one of the world richest man ever building a casino empire spanning from vegas to china. he was also considered one of the nation's most influential republican donors in his later years. he was 87. >>> some of america's biggest corporations are distancing themselves from u.s. lawmakers in the wake of last week's capital riots. ed o'keefe report more than a dozen fortune 500 companies have suspended political donations. >> on monday, hallmark cards company ask for a refund from republican senators josh holly and roger marshall who received a combined $12,000. the company says the senator's decision to reject state certified electoral colleges votes do not reflect their company values and american express told employees monday they are withholding donations from lawmakers devoted to subvert the presidential results and the peaceful transition of power. : sats, facebook, google and microsoft are going farth

sheldon adelson was 87 years old. still to come, the glacial pace of the u.s. campaign raises questions. the leaders of unicef and the world food program discuss a challenging year ahead. and the economic hardships wrought by the pandemic disproportionately affect college students of color. >> this is the pbs newshour from w eta studios in washington and from the west at the walter cronkite school of journalism at arizona state university. judy: operation warp speed may have produced effective covid vaccines in record time, but administing them has been another matter. the cdc says only about 9 million of the more than 25 million doses distributed have actually been given. as john yang reports, the trump administration today made big changes to the program. john: judy, health and human services secretary alex azar announced the changes. the administration will begin to release all the doses of the vaccine. they began by holding back approximately half because these are two-shot vaccines, but officials are now confident the supply is sufficient. it's urging stat

. >>> sheldon adelson has died of richest man after building a casino empire from vegas to china. he is also one of the nation's most influential republican donors in his later years, he was 87 years old. >>> visa is joining a growing list of companies suspending their political donations after the rights last week. the company says they are reviewing the contribution guidelines and other companies like american express, amazon, verizon and at&t are specifically halting campaign contributions to lawmakers that objected to the election results. other companies like facebook, citigroup and goldman sachs says they will withhold all contributions as well. >>> up ahead, the state capitol in alert for possible protests.>>> and we continue our investigation into california's problems with unemployment fraud. the edd reveals ongoing tension between them and bank of america.>>> 5 news at 5:30.>> more local news for you, bay area city asked the state for an exemption to reopen outdoor dining. our public health officials on board? >>> the latest in the back of employment debit cards. a whist

. $1000 reward per escapee billionaire sheldon adelson has died.best known as a power broker who built a casino empire and became the major republican donor in 2018. forbes estimated his wealth at 35 a half billion dollars. adelson and his wife, mariam, were president trump's largest donors. he donated more than $250 million to republican candidates and super pacs since 2015. according to his wife, adelson, died monday night from complications related to treatment for non hodgkin's lymphoma. sheldon adelson was 87 years old san francisco police are mourning the death of former police chief earl sanders. sanders was the city's first black police chief appointed by mayor willie brown. he served from 2000 to 2003 after six years as assistant chief. sanders died of kidney failure. he was 83 years old. he was called upon any time there was a dispute between neighborhoods of people. they trusted earl to referee so to speak. so earl was a little different than an ordinary chief because he was truly of the people. sanders was also a homicide detective. he

and casino magnate and republican mega-donor sheldon adelson has died after a long illness. he was a billionaire who gave hundreds of millions of dollars to republican politicians, including president trump. he was also a strong pro-israel voice, and pushed for relocating oe u.s. embassy in israel jerusalem in 2018. sheldon adelson was 87 years old. still to come on the "newshour," the glacial pace of the u.s.' vaccine campaignaises questions; the leaders of unicef and the world food program discuss a challenging year ahead; and the economic hardships wrought by the pandemic disproportionately affect colleger.tudents of co >> woodruff: "operation warp speed" may have produced effective covid vaccines in record time, but adminisring them has been another matter. the c.d.c. says only about nineillion of the more than 25 million doses distributed have actually been given. as john yang reports, the trump administration today made big changes to the program. >> reporter: judy, health and human services secretary alex azar announced the changes: the administration is releasing all

you look at the executive shakeups going on over at las vegas sands, still mourning the loss of sheldon adelson, and now naming a new ceo that will be robert goldstein, incoming chairman and ceo. patrick dumont will be named president and coo and a new cfo is named. romaine: will be talking about this for quite some time. remember the old days, they have ng up. will have a voice from ubs joining us in just a moment to break down what to expect from the fed. this is bloomberg. ♪ romaine: all this talk about gamestop and all these other penny stocks, people forget about jay powell. do you think will see a 200% jump in stocks? joe: i hope the first question is what is he going to do about this outrageous speculation going on. people are wondering about the future of balance sheet policy, people wondering about another taper tantrum and how they're going to stop that before the eventual normalization of policy. who knows, when it could be something more and more people are thinking about, but still more action is expected here. joining us is our guest, thank you so much for joining us. what is the

. >>> a billionaire and republican mega donor has died casino magnate sheldon adelson, who used his wealth to wield influence from las vegas to washington to israel, has passed away after battling non-hodgkin's lymphoma adelson, a trump ally, donated nearly a quarter billion dollars to republicans in 2020. he was 87. >>> in just 60 seconds, how the covid crisis is driving a revolution in the way we buy cars. >>> like so many businesses the car industry has had to adapt to life in a pandemic for many buying and selling is now done with far less human contact. jo ling kent now with the price you pay. >> reporter: the pandemic is revving up car shopping from the comfort and safety of home with walk-in visits to dealerships down 14% due to covid-19, more shoppers are buying online instead of in person >> consumers don't want to necessarily come into the store and spend as much time web traffic, that's really become the new front door >> reporter: in fact, gm says the number of customers who bought their vehicle virtually has roughly before the pandemic. toyota, lexus, carmax and carvana will p

. >>> a billionaire and republican mega donor has died casino magnate sheldon adelson, who used his wealth to wield influence from las vegas to washington to israel, has passed away after battling non-hodgkin's lymphoma adelson, a trump ally, donated nearly a quarter billion dollars to republicans in 2020. he was 87. >>> in just 60 seconds, how the covid crisis is driving a revolution in the way di if it were my vision, i'd ask my doctor about preservision. it's the most studied eye vitamin brand. if it were my vision, i'd look into preservision. only preservision areds2 contains the exact nutrient formula recommended by the nei to help reduce the risk of moderate to advanced amd progression. i have amd. it is my vision so my plan includes preservision. ♪ limu emu ♪ and doug. and if we win, we get to tell you how liberty mutual customizes car insurance so you only pay for what you need. isn't that what you just did? service! ♪ stand back, i'm gonna show ya ♪ ♪ you know you got to live it ♪ ♪ if you wanna wi... ♪ [ music stops ] time out! only pay for what you need. ♪ liberty. liberty. libe

now at some of the other stories that are making headlines around the world gambling magnate sheldon adelson one of the richest men in the world has died at the age of 87 he was a powerful supporter of u.s. president donald trump and israeli prime minister benjamin netanyahu at all since last vegas sands became the world's biggest casino company with uganda's opposition front runner bobby wine has warned of possible vote rigging in this week's presidential election the singer turned politician is the main challenger to longtime leader you know where removed he was seeking a 6th term authorities have ordered internet providers to shut down social media ahead of thursday's poll. india's supreme court has temporarily suspended the implementation of controversial new farming laws that have been fueling weeks of protests in the capital critics say that the laws benefit large private buyers at the expense of producers nearly 60 percent of india's population depends on agriculture for their livelihoods. for these farmers so much is at stake their livelihoods their future but now a cautious sigh of

casino magnate 10 republican mega donor sheldon adelson has died at the age of 87 adults and backing of donald trump was seen by many as instrumental in propelling him to the presidency a major supporter of israel adelson was a fierce opponent to the 2 state solution in the business while he is credited with pioneering the modern casino and was worth more than $33000000000.00 by the time of his death. he and no again i'm fully back to bo with the headlines on al-jazeera in just a few hours the u.s. house of representatives is set to launch its 2nd debate to impeach donald trump it's already called on the vice president to remove trump from power but penn said he wouldn't move against a president u.s. federal authorities have executed a woman for the 1st time in almost 70 years.

gambling magnate sheldon adelson one of the richest men in the world has died at $87.00 he was a powerful supporter of u.s. president donald trump and israeli prime minister benjamin netanyahu at all since las vegas sands become the world's biggest casino company. madagascar is facing its worst drought in a decade that's according to the un's world food programme the organization reports harvest on the island in 2020 the worst in 5 years causing ice stock rise in malnutrition rights in the region. well over $350.00 suspected members of one of the world's most feared organized crime groups the mafia going on trial in southern italy the defendants include politicians lawyers and businessmen alleged to have helped the investigator they're accused of crimes dating back to the $99.00 he's including murder drug trafficking drug trafficking extortion and money laundering the proceedings are expected to take more than 2 years. he has to move quickly the chief prosecutor of companies out of new cannot or t.n.t. has powerful enemies illusion number one mafia hunter is leading the fight against the

sheldon adelson, a casino mogul and one of the country's most influential republican donors.billionaire with hotels and casinos from vegas to china. president trump awarded him and his wife miriam the medal of freedom in 2018. >>> tonight, the fda is expanding that dog food recall. certain sportmix products by midwestern pet foods have been blamed for the deaths of more than 70 dogs. the fda warning about high levels of aflatoxin, which can be poisonous. we have more on our website. >>> when we come back tonight, what we saw that moved us in the tunnels under the capitol. if you have obstructive sleep apnea and you're often tired during the day, you could be missing out on amazing things. sunosi can help you stay awake for them. once daily sunosi improves wakefulness in adults with excessive daytime sleepiness due to obstructive sleep apnea. sunosi worked for up to nine hours at 12 weeks in a clinical study. sunosi does not treat the cause of osa or take the place of your cpap. continue to use any treatments or devices as prescribed by your doctor. don't take sunosi if you've

casino magnate 10 republican mega donor sheldon adelson has died at the age of 87 adults and backing of donald trump was seen by many as instrumental in propelling him to the presidency a major supporter of israel adelson was a fierce opponent to the 2 state solution in the business world is credited with pioneering the modern casino and was worth more than $33000000000.00 for the time of his death. be a in the again i'm fully back to go with the headlines on al-jazeera in just a few hours the u.s. house of representatives is set to launch its 2nd debate to impeach donald trump it's already called on the vice president to remove trump from power but penn said he wouldn't move against a president u.s. federal authorities have executed a woman for the 1st time in almost 70 is lisa montgomery was convicted of killing a heavily pregnant woman and cutting the baby from her womb and law is fitted for clemency saying she was mentally ill after years of abuse indonesia has launched one of the world's biggest coronavirus vaccination campaigns it hopes to vaccinate more than 180000000 people b

sheldon adelson had been suffering from non-hodgkin's lymphoma. he sold his business to stop back for eight hundred million dollars in 1995. he built casinos in las vegas and in asia. those are your first word headlines this hour. kathleen: still ahead, speak to the world bank chief economist to discuss the challenges facing recovery amid the pandemic, andr her concern about abutting financial crisis. don't miss this interview later in the hour. first were joined by the head of global equities on market strategy and why she sees 2021 as the year of reduced uncertainties. this is bloomberg. ♪ haidi: emerging markets rose to a record on tuesday continuing to look at the applications of a biden presidency and a democratic senate. joining us to discuss is the head of global equities, i like the optimism but it is interesting to me that you have expectations of lower volatility in the year that started off with riots in the u.s. capitol and a pop role -- possible second impeachment of the u.s. president. not to mention uncertainty when it comes to the

. >> your late founder, sheldon adelson, whose loss is deeply felt among you, and i'm sorry for that he had an opposition to internet gambling where do you stand on that >> first, i'm not departing. his considerations were ethically driven look what he did in las vegas. we've had thousands of people we've paid all year. sheldon would not back down. we're the only company that didn't lay people off. we didn't fur are furlough sheldon stayed the course, because he felt ethically. with digit at, he was concerned about underage gambling, and that people couldn't afford it before he passed away, we had many discussions, and we talked about it very candidly sheldon understood the power we took him to a place where the technology made him feel comfortable. we have a land-based giant that's our bread and butter, that's our core. it's a operate good business digital is a different business. we're looking at it. we're looking at what makes sense, what doesn't, we will not just be in digital to be -- if there's an intelligent approach we'll be there if not, we won't. >> it's causing a lot of ch

jillian: las vegas grandfather sheldon adelson has died.st night at the age of 87 from complications related to his treatment for non-hodgkin's lymphoma. a funeral will be held in israel. plans for memorial service in las vegas will be announced at a police chase just one day before retiring. the suspect intentionally rammed brian levine's vehicle. the 30 year veteran died at a hospital. he is survived by a wife and two daughters including one who is a deputy at the state department. extreme weather. a rare winter storm hits the southern states as parts of texas digging themselves out. the city of waco sees its biggest snowstorm since 1982, 54,000 homes without power in louisiana. a firefighter having fun making a snow angel. powerball jackpots to a combined $1.1 billion. there hasn't been a jackpot winner since september. mega millions planning 600 million with the next drawing tonight, the powerball counting 550 million, that drawing is on saturday. i will send it back to you. steve: it has been on the left's wish list for years. >> can't

billionaire casino owner and republican mega donor sheldon adelson has died at the age of 87.s donald trump's largest single donor during the 2016 race. since 2015, he donated more than $250 million to republican candidates and right-wing super pacs. he was also an influential political power in israel he used his dues outlets to back netanyahu. he will be buried in israel. next, we look at president trump's race to execute more prisoners before his term ends in an unprecedented lame-duck killing spree. back in 30 seconds. ♪ [music break] amy: "god bless the child." this is democracy now! i'm amy goodman with juan gonzalez. four former corrections officers from indiana have issued a letter urging u.s. attorney general jeffrey rosen to postpone three federal executions scheduled for this week, citing safety concerns due to covid-19. the letter, released alongside the american civil liberties union, says executions at the federal prison in terre haute have led to a spike in coronavirus cases among prisoners and staff. two men scheduled for execution thursday and friday, dustin h

las vegas sands chief sheldon adelson, the son of a massachusetts cab driver, went from delivering newspaperson neighborhood of dorchester to starting the sands, the venetian. he was a staunch supporter of and donor to the republican party and to candidates ranging from donald trump to mitt romney. but the biggest recipient of his philanthropy was the state of israel. i was one of the last business reporters to interview adelson. i met up with the famously private billionaire when he came to new york to attend a friends of the israeli defense forces gala. he died of complications of nonhodgkin's lymphoma at 87. we'll be right back. my retirement plan with voya keeps me moving forward. they guide me with achievable steps that give me confidence. this is my granddaughter... she's cute like her grandpa. voya doesn't just help me get to retirement... ...they're with me all the way through it. voya. be confident to and through retirement. so you're a small bor a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious an

a recent post praising the recently passed billionaire sheldon adelson added new fuel to the fire.porter. the chronicle noticed the instagram account is still active. >>> more than ten months since playing a meaningful game the sharks drop the puck on a new season tonight. the opener takes place in arizona against the coyotes. that is the current team's -- the team's current home away from home because they can't be in the bay area because of stay-at-home orders. it's not clear when the sharks may return to san jose. they play their first seven games on the road. >>> coming up, plans are changing quickly for president-elect joe biden's inauguration. up next, what he no longer will be doing on the big day. >>> and one of the owners of the san francisco giants making political headlines this morning. why his support for one congresswoman is raising eyebrows. big board, a little bit of progress moving forward opt dow up about 136 points. you're watching "today in the bay." ♪ ♪ we have the power to harness california's abundant solar and wind energy, but it's not available all day long

vaccinated by the end of summer and robert goldstein, the perm ceo after the death of sell don a -- sheldon adelsonain in control of the company with a 57% stake don't miss ceo rob goldstein on cnbc live at 2:00 p.m. eastern skp >>> walmart is making a bigger bet on the online grocery service, expanding the use of automated systems to pick and pack shoppers orders and will convert dozens of stores into local fulfillment center. >>> investors seem to be pretty pleased with microsoft's second quarter results. very pleased revenues rising 17%, beating forecasts, and the company reporting a jump in its intelligent cloud use, a business that analysts think is critical investors may be hoping microsoft and solid numbers are a sign of similar success. coming up at least for apple, facebook and tesla which report their earnings after the close today. let's talk a whole lot more about this now, with cyrus, head of investment research at global data cyrus, thanks for being here. >> thanks, frank, for inviting me let's get into this, tech, media and telecom, that's your area of coverage one of the giants in t

and billionaire casino owner and republican megadonor sheldon adelson has died at the age of 87. adelsowas donald trump's largest single donor during the 2016 race. since 2015, adelson donated more than $250 million to trump, other republicans, and right-wing super pac's. he was also an influential political power in israel where he used his news outlets to back prime minister benjamin netanyahu and the expansion of illegal israeli settlements in the occupied palestinian territories. he will be buried in israel. and those are some of the headlines. this is democracy now!, democracynow.org, the quarantine report. when we come back, we turn to yale scholar timothy snyder, talking about the american abyss. yes, an historian of fascism, political atrocity on trump, the mob, and what comes next. stay with us. ♪♪ [music break] amy: this is democracy now!, democracynow.org, the quarantine report. i'm amy goodman in new york joined by my co-host juan gonzÁlez in new brunswick, new jersey. hi, juan. juan: hi, amy. welcome to all of our listeners and viewers from around the country and aro

gambling magnate sheldon adelson one of the richest men in the world has died at the age of $87.00 it was a powerful supporter of u.s. president donald trump and israeli prime minister benjamin netanyahu. los vegas sands became the world's biggest casino company. madagascar is facing its worst drought in a decade that's according to the un's world food programme the organization reports harvests on the island and 2020 are the worst in 5 years causing a stark rise in malnutrition rates in the region. flooding has left more than $10000.00 homes in southern serbia without power days of heavy rain and snow in the balkans region have caused rivers to burst their banks inundating houses and fields and disrupting transport. spain is grappling with record low temperatures after the heaviest snow falls for half a century temperatures have plunged to mine to minus $25.00 degrees celsius in areas unused to extreme winters authorities are urging people to stay indoors to avoid putting strain on hospitals already busy with kovan 1000 patients. drug drug maker astra zeneca has applied for authoriza

cause of death, complications from nonhodg hodgkins lymphoma, sheldon adelson was 77. >>> on wall street 60, helped by bank and energy stocks s&p up 2 the nasdaq up 36 >>> i'm shepard smith on cnbc. it's the bottom of the hour, time for the top of the news house democrats planning to vote tonight to demand vice president pence use the 25th amendment to remove president trump from office and if he does not, they say they'll move forward with impeachment. three republicans in the house are now saying they will vote to impeach, including liz cheney, the conference chair president-elect biden to be sworn in a week from tomorrow. his inauguration already marred with disturbing threats of organized violence across the nation the former defense secretary leon panetta with us now mr. secretary, thank you the president-elect still plans to get sworn in on the steps of the capitol. what's your level of concern for his safety >> well, i think we all saw what happened last wednesday. we also, i think, are hearing that the fbi is concerned about events in state capitols around our country. having sai

sheldon adelson was 87 years old.e seeing higher prices as well as fewer options. when it comes to french and german bottles. the u. s is penalizing the european union over an ongoing dispute on airline subsidies. and today a 25% tariff takes effect on maura imports the new terror of supply to french and german wines with 14% of war alcohol by volume, plus some brandies. one importer, tells the chronicle that he may have to stop buying certain wines because the price increase will make them unsellable. the current tariffs could be in place for most of the year. a new effort is now being launched to focus on the well being and mental health of students and teachers during distance learning today, state superintendent of public instruction tony thurman announced a new coalition to address mental health, racial equity and social isolation in schools. this coalition includes celebrities like actress goldie hahn, filmmaker ava duvernay, duvernay and nba star kevin love. the effort is centered on mindfulness and social, emo

. >>> sheldon adelson died at 87 from complications related to treatment for non-hodgkin's lymphoma. he was the founder, chair and ceo of las vegas sands. at one point he was the third richest man in the world, and almost invested in the new raiders stadium before pulling out. he was also considered the nation's most influential gop donors, at times setting records for individual contributions. >>> two bay area organizations are stopping the use of covid-19 tests from the startup cureativ and the fda warned they could provide false negatives. this comes one day after los angeles county stopped using tests at pop-up sites like this one. now the examiner reports the san francisco unified school district is pausing its pilot program with cureativ. the health department ended its partnership with the startup according to the press democrat. >>> the university of california isn't planning to return to primarily in person classes until the fall. leaders say advancements in the availability of covid-19 vaccines gives them hope for the next academic year. on campus learning with limited exce

again, sheldon adelson passing away at this point we're very sorry to hear it. >>> let's talk a littleut there today too. the electric vehicle sector is one of the hottest parts of the market and it's not just tesla take a look at some of these stock moves. chinese automakers lee auto and xping have doubled while battery maker quantumscape has grown nio has risen too. joining us is gordon johnson, the founder and ceo of glj research and gene munster. i'll start with you. let's talk about the sector. do you think the ev sector is over valued? >> i want to start with an important learning that i've had in tracking these transformational tech themes and it's they tend to take much longer than we anticipate to come to fruition and in the end they tend to be much bigger than what we ever could have imagined i think a great textbook example, and i think an indicator about how to think about the ev market is think about what happened at amazon. it went from $3 to $90 and then it blue up and went to $7. today it's $3100 perfect use case so when i put this together and think about ev and autono

sheldon adelson.ow this, in my opinion, this is my opinion here, the ball is now in president-elect joe biden's courts. he could either continue with the toxic politics of impeachment or move the forward with his agenda. you will hear more on that it might take which comes up at the top of the 11:00 o'clock hour. of the house of representatives said to vote on impeachment. what was arizona congressman andy biggs think about that? will it pass, will he be impeached, plus he's a border guy and i will talk to him about the present final chip-- trip to the southern border. checking the markets again, all on the downside, but not by much, dead flat. more "varney & co." after this. ♪ excuses. we're all guilty of making them. those are advanced poses. that's why at cvs, we're making not making excuses a little easier, with the vitamins and supplements you may need. now get a $10 gift card when you spend $30. cvs. healthier made easier. now get a $10 gift card when you spend $30. (woman) (man)i don't want to

sheldon adelson have been suffering from non-hodgkin's lymphoma.f a boston cabdriver, he founded then-largest event before selling it to softbank for $800 million in 1995. he plowed the profits into casinos, first in las vegas and then in asia. global news 24 hours a day on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm karina mitchell. this is bloomberg. rishaad: still ahead, the outlook for india's i.t. industry as a global pandemic continues to hammer the economy. we speak exclusively to the chief executive of science. haslinda: next, vice president mike pence says he will not invoke the 25th amendment to remove president trump from office, easing as democrats set an impeachment vote as soon as wednesday. we will have the latest from washington. this is bloomberg. ♪ this is bloomberg. so you're a small business, or a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powere

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we have just learned this morning that sheldon adelson, the billionaire ca seen owner and political finance- he donated hundreds of millions of dollars to president trump and other republicans, gave billions more to charities and hospitals in the u.s. and israel. ed o'keefe takes a look, morning to you, big surprise. >> he's most known to many around the world as the guy who built the palazzo hotels on the las vegas strip. but he played an outsized role in campaign politics in reens years, gaving $75 million to president trump's reelection bid. he donated $525 million to gop candidates and causes. critics say given how much money he was able to donate he embodied what's wrong with money in politics. this morning former president george b. bush called adelson an american patriot, and a strong supporter of israel. it was his long time push to move the u.s. embassy to jerusalem. he sent one of his private jets to china to pick up millions of face masks. he died of complications related to treatment of non-hodgkin's lymphoma. he was 87. >> ed, those are staggering fund raising numbers. what do

. >>> laeg sands chairman and ceo sheldon adelson passed away last night from complications related toodgkin's lymphoma he was 87. along with being a casino owner he was a gop mega donor who donated to gop causes between 2018 and 2020. joining us by known, michael levin sands president and also friend to mr. adelson. first of all our condolences. >> thank you very much >> how big of an impact did he have on the gaming industry. not just here in the u.s. in vegas but around the world in macao also. >> he had a big uns from on vegas in turning it into a destination. as for macao, he changed it to what it is today when he went in there and got the concession and brought significant properties for significant gaming as well as cleaning the place up sheldon was immeasurable in terms of his impact on the gaming business in those destinations and will be remembered for it, i'm sure. >> you know, it's so different, the vegas that sheldon helped found back in the '80s when he purchased the sands is very different than it is right now, michael. in your experience with him, at sands, where do you

. >> trace: sheldon adelson was 87 years old. thank you for your time. we appreciate it. >> julie: meanwhile house democrats move toward impeaching the president a group of republican lawmakers to joe biden calling for the president elect to help stop the impeachment saying it would just do more to divide the country. joining us now is one of those lawmakers who wrote the letter congresswoman nancy mace. you are a freshman republican congresswoman. you once supported president trump and he supported you. you enjoyed receiving his endorsement at the time you were running. has anything changed? >> yes, everything changed last wednesday with the violent attacks and leading up to those events. my life was threatened. it was a very scary situation. i planned to have my kids up there last week but because of the rhetoric we were seeing i was really afraid for my children being up there and the outcome was my worst fear. everything -- every accomplishment the president had over the last four years has been wiped out. we have to start from scratch. i worked for

trump trashed the iranian deal because he was paid $30 million in 2016 campaign contributions by sheldon adelson the same reason he moved the u.s. embassy to jerusalem. at the same reason why he recognized sovereign see, whatever that is, over israeli solvency and over the goal line and the same reason why he proved his -- approved israeli settlements on the occupied west bank. do you see any kind of going back on this? thanks and have a nice day. host: iran/israel? guest: have a nice day. this is always an interesting question in politics. let's take on the first part, that donald trump was paid to do things. while we all question his character, the reality is that lots of people don't have to be paid to do things. they do them anyway. this is always a debate that happens in washington, are you getting support in order to do something or are you getting support because you were going to do something in the first place? it something for folks to think about when they choose people -- when they accuse people of being bought and sold. i think most people are actually bought and sold. one thing tha

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