the business strategy that the owner of sunrise records is trying to put in place is to make a chain lot of local stores. giving better customer service, catering for a local paste, encouraging people to use final, that kind of thing, a different kind of business model. thank you so much, that's the latest on hmv. tom stevenson has joined tom stevenson hasjoined us, let's look at the numbers. we are in february january seems like a long time away. thank goodness that is gone. january was an encouraging market for investors. we had a dreadful fourth quarter last year, the markets falling sharply, we had a great bounce injanuary, sometimes happens, especially after the scale of the fort that we had. we are now in limbo, the good january was a reflection of what the federal reserve is doing, reining back its tightening of monetary soap box —— policy but it reflects the good earnings from companies and in a way that was a sugar rush from the donald trump hacks cuts and we are looking forward, expectations for the first quarter of this year are considerably more subdued, in fact people ex

enter doug putman, owner of canadian retailer sunrise records, hmv‘s new owners. odd stores in canada almost, you know, 2.5 years ago. and they're doing strong, doing well, profitable. we see hmv continuing on in the uk for a long time. the challenges are significant. hmv once made its money from huge sales of cds and games, all of which have been plummeting year on year. at the same time, like so many high street stores, they say they're being hit by unsustainable rent levels. but even though many stores, including perhaps this one, theirflagship, are closing, they are still confident that hmv can exist up and down the country through to its centenary in 2021 and beyond. lizo mzimba, bbc news. 15 minutes away from the state of the union address by donald trump. this is the scene live in capitol hill, where as you can see congressmen and women have gathered. it is of course a very divided house indeed, but we will bring you coverage of what we are expecting to hear from donald trump. coverage of what we are expecting to hearfrom donald trump. stay coverage of what

entered the owner of canadian sunrise records, hmv's owner of canadian sunrise records, hmv‘s new ownerstwo and a half years ago and they are doing strong and doing well, profitable. we see hmv continuing on in the uk for a long time. the challenges are significant and hmv once made sales on cds and games which have been plummeting year on year but even though many stories including this one, the flagship are closing, they are confident that hmv can exist up and down the country through its engineering in 2021 and beyond. here in the bbc news room, this is outside source and the lead story to make story concerns a brexit, the irish border continues to be a scene of contention. theresa may of various reassurances that she is taking the threat of a hardboard or seriously. —— hard board or seriously. the two sides of the n and's conflict have become toxic and jordan and the pictures earlier of people filing an and we know a prisoner exchange has been agreed brokered by the un and an effort to generate enough trust between both sides. the cease fire and the port, on the western coast of yeme

enter doug putnam, owner of canadian retailer, sunrise records, hmv‘s new owners. are doing strong, doing well, profitable and we see hmv continuing on in the uk for a long time. the challenges are significant. hmv once made its money from huge sales of cds and games, all of which have been plummeting, year on year. at the same time, like so many high street stores, they say they are being hit by unsustainable rent levels. but, even though many stores including perhaps this one, their flagship, stores including perhaps this one, theirflagship, are closing, they are still confident that hmv can exist up and down the country through to its centenary in 2021 and beyond. time for a look at the weather. here's darren bett. we have some mild but unsettled weather through the rest of the week and for many parts of the country todayit and for many parts of the country today it was quite a poor day, starting with frost then fog around and staying grey and gloomy all day. and there has been some rain around as well. more recently in the north—east of england where temperatur

enter doug putnam, owner of canadian retailer sunrise records, hmv‘s new owners.doing well, profitable. we see hmv continuing on in the uk for a long time. the challenges are significant.

enter doug putnam, owner of canadian retailer sunrise records, hmv‘s new owners.ng well, profitable. we see hmv continuing on in the uk for a long time. the challenges are significant. hmv once made its money from huge sales of cds and games, all of which have been plummeting year on year. at the same time, like so many high—street stores, they say they're being hit by unsustainable rent levels. but even though many stores, including perhaps this one, theirflagship, are closing, they are still confident that hmv can exist up and down the country through to its centenary in 2021 and beyond. lizo mzimba, bbc news. now it's time for the weather with chris fawkes. hello there. january was very dry for the hello there. january was very dry forthe uk, hello there. january was very dry for the uk, but mother nature will be doing its best to make amends with a lot of rain coming away over the next coming days. the satellite picture shows an area of low pressure to the west of the uk that this area of card is worth keeping an eye on because this could develop into quite a

hmv has been bought by sunrise records. sales of cds and dvds continue to fall. the administration s says it is part of the deal. 27 stores araround the u.k. will close. >> apple is being told it should by n netflix. too much money is rarely a problem. bankers at j.p. mororgan have bn coming up with ideas on how apple should spend its cash pile. netflix wouldlate make a good purchase for apple. netflix is says ideal as it sells content already on itunes. they did warn it would be an expensive purchase.. we have not heard apple orr netflix's ideas on this. you don'tppens if spend your cash pile? >> you would make incredible interest. >> thank you for a roundup of the business. we will have a short break. campbell: it's a a city on the edge of destruction, whe t the poor eat garbagage and gangsters rule. man: now you'll have your fingerprints on it. campbell: this country has more oil than saudi i arabia, but under populist presidents it's blown the lot. woman: it's broken. it's absolutely broken. listen, it's so amazing what is going on in venezuela and so unneces

enter doug putnam, owner of canadian retailer sunrise records, hmv‘s new owners.ok over, you know, 80 some odd stores in canada almost two and a half years ago, and they're doing strong, doing well, profitable. we see hmv continuing on in the uk for a long time. the challenges are significant. hmv once made its money from huge sales of cds and games, all of which have been plummeting year on year. at the same time, like so many high—street stores, they say they're being hit by unsustainable rent levels. but even though many stores, including perhaps this one, theirflagship, are closing, they are still confident that hmv can exist up and down the country through to its centenary in 2021 and beyond. lizo mzimba, bbc news. that's it. newsnight is getting under way on bbc two. here on bbc one, it's time for the news where you are. have a very good night. hello and welcome to sportsday. i'm holly hamilton. coming up on tonight's programme... the magic of the fa cup, newport county reach the fifth round for the first time in 70 years and it's manchester city next. there

the latest rescue bid is said to come from businessman doug putman, owner of canada's sunrise recordsst sports direct founder mike ashley, who has also placed a bid. nissan has confirmed that the new x—trail suv, originally planned for its main uk plant, will instead be made in japan. in a letter to workers, it said continued brexit uncertainty is not helping firms to plan for the future. nissan also said that since 2016 "the environment for the car industry in europe has changed dramatically", including "changing emissions regulations". thats it for the business briefing this hour. victims of crime in the uk are to get new powers to challenge the release of violent offenders. the move follows public anger when the convicted rapist john worboys was granted parole. under the new system, victims will be able to challenge the release of an offender directly through thejustice secretary, rather than going through the courts. here's the bbc‘s danny shaw. known as the black cab rapist, john warboys was on the brink of being freed from prison last year when the high court overturned the paro

so now we have heard the canadian firm sunrise records will buy 100 stores out of administration.st flagship stores, including the one on oxford street which has been open since 1921. also a big one in manchester at the trafford centre, one in glasgow, so many of these stores are the bigger ones that will be closing up and down the country. earlier i spoke to a retail analyst. this is a company with expertise in the sector so it makes sense for them to have stepped in. but it is probably only six years ago that we we re probably only six years ago that we were reporting for the first time that hmv fell into administration when they had over 220 stores and at that time 100 were closed. obviously they have struggled, their product has moved from physical to digital and there is a lot less demand for the kind of products they sell. there has been an uprising in the use of vintage, vinyl and the kit that goes with it, but maybe it is not enough to sustain all of those stores. so it would concern me that at the moment, 27 closures are announced but there may need to be more to create a

reporter: enterer the own of canadian retailer sunrise records, hmv's new owners. 80-some-oddn r storesnadaey are doing well, doing strong, profitable. continuing on in the u.k. for a long time. reporter: what challenges are significant. hmv once made its money from huge sales of cd's and games, all of which have been plummeting year year. while many stores inshuding the fl are closing, they are so confident hmv can exist up d down the country to the centenary in 2021 and beyond. continues for those stillrch missing after the collapse of a major dam. the death toll stands at 134 with nearly 200 others unaccounted for. our south american correspondent katy watson has been to the side -- site of the disaster to speak to a woman who lost six members of her family and to a survivorw who had the nat of escapes. katy: when the dam broke, there was little hope for those in the path of the deluge that followed. panic as drivers struggled to save themselves. he was driving one of the trucks that day. "it sounded like an explosion," he tells me, but he soon real >> we saw the mud coming.to i my frien

enter doug putman, owner of canadian retailer sunrise records, hmv‘s new owners.ng, doing well, profitable. we see hmv continuing on in the uk for a long time. the challenges are significant. hmv once made its money from huge sales of cds and games, all of which have been plummeting year—on—year. at the same time, like so many high street stores, they say they've been hit by unsustainable rent levels. but even though many stores — including perhaps this one, theirflagship — are closing, they are still confident that hmv can exist up and down the country through to its centenary in 2021 and beyond. lizo mzimba, bbc news. now it's time for a look at the weather with chris fawkes. hello there. it's been a cloudy and murky kind of day today across southern england with extensive hill fog patches, and those patches of hill fog will continue to loiter overnight tonight as well. that was the scene earlier on in west sussex over some of the hills in southern england. elsewhere, we've got rain pushing its way eastwards at the moment. the rain turning heavier across norther

the latest rescue bid is said to come from businessman doug putman, owner of canada's sunrise recordss all the business news. pantomime season is now "behind you", and the uk's longest—serving dame has just taken his final bow. berwick kaler has been donning outrageous wigs, make—up and frocks for the last a0 years, but he's finally decided to call it a day. olivia richwald reports on the end of an era for one of panto's greatest showmen. applause. sit down! you paid for the seats. a standing ovation before he's even uttered a word. me babbies, me bairns! but berwick kaler is no pop star. he's a pantomime dame who, after a0 years, has developed a cult following in the city of york. he writes the show too, and it's been a hard decision to retire. i'm in my 73rd year. when do you stop? i don't want to crawl on that stage with age—old complaints and everything else. and ijust thought, oh, let's go out with them laughing. and they've been doing just that for generations. in march every year, fans queue overnight for the best seats. he makes christmas for me. because of all the years i've

the latest rescue bid is said to come from businessman doug putman, owner of canada‘s sunrise recordsrts direct founder mike ashley, who has also placed a bid. nissan has confirmed that the new x—trail suv, originally planned for its main uk plant, will instead be made in japan. in a letter to workers, it said continued brexit uncertainty is not helping firms to plan for the future. nissan also said that since 2016 "the environment for the car industry in europe has changed dramatically" including "changing emissions regulations". a damning report on australian banks has just been published. it contains 76 recommendations to overhaul the banking sector. it is pretty far and wide. suggestions include better oversight of banking regulators. it lists 2a incidences of financial wrongdoing to be referred for possible prosecution. hywel griffith has the details from sydney. over the course of the year, the inquiry looked at more than 10,000 complaints from bank customers here in australia and it clearly found a pattern of misconduct, mis—selling, customers basically being ripped off. howeve

canadian firm sunrise records has bought 100 stores from the collapsed music chain hmv — beating a rival00 jobs, but 27 stores will still close, with 455 redundancies. the flagship oxford street store will close, as will stores in manchester's trafford centre, sheffields meadowhall and glasgow's brayhead. activity in the uk's dominant service sector stalled last month, with new orders dropping for the first time in two and half years. the figures, which include restaurants, shops and banks, are from the closely watched ihs markit purchasing managers index. it follows similarly slow figures from the manufacturing and construction sectors which could be a sign of a cooling economy. losses at supermarket delivery chain ocado rose to £114.14 million last year, compared with a loss of £9.8 million in the previous 12 months. sales were up 12%. but there was no news on the reported tieup between ocado and m&s for the delivery firm to offer online shopping and delivery of m&s food items. a shopping centre in kirkcaldy, fife, has been auctioned off forjust £310,000, after going on sale with a res

sunrise records will buy 100 stores, safeguarding nearly 1500 jobs, but 27 stores will still close.who could be a buyer for hmv and it could have been mike ashley but it's a canadian guy. explain what we know. this is a company with expertise in the sector so it makes sense for them to have stepped in. however, having said that, it's only six years ago more or less to the day that we were reporting the first time that hmv fell into administration and at the time it had over 220 stores and at that time, 100 were closed. they have struggled obviously. their product has moved from physical to digital and there is a lot less demand for the kind of products they sell. there has been an uprising in the use of vintage and vinyl and the stuff which goes with it but maybe it's not enough to sustain all of those stores. it would concern me that, at the moment, 27 closures are announced but there may need to be more to create a sustainable and profitable downsized version of the brand. yes, six years ago, time flies, i remember it well, but i wonder what the canadian firm is going to do that h

the canadian firm sunrise records is the buyer of the music chain hmv.nto administration of 100 of those stores now being said, 27 stores will close with around a55 redundancies as a result. and then going down to the most watched on a very popular one at two, women caught putting hair in sunderland pub pizza for refund. this was a pub in sunderland come at the moment complained there was here in their pizza, if you watch closely you can see them pulling out their own hair and putting it in the pizza, they got a refund, some free drinks but then the staff realised the hair did not match the herald anyone who worked there, that's when they turned to the cctv and saw the women putting their own care in the pizza. big brother coppin in the end. —— big brother caught them in the end. that's it for today's morning briefing. sport now and time for a full round up from the bbc sport centre. sally nugentjoins us. what's in the news today? no bizarro care stories, thankfully. are liverpool losing their nerve their draw last night at west ham follows another draw

the latest rescue bid is said to come from businessman doug putman, owner of canada's sunrise recordse ftse 100 clearly keeping ni on events as those negotiating continue with brussels, but will be on the currency markets that you will see the biggest impact. the dax also down on the day. see you shortly. that's all the business news. pope francis has arrived in the united arab emirates, becoming the first pontiff to visit the arabian peninsula. he was greeted on arrival by abu dhabi's crown prince, who escorted him to meet the grand imam of egypt's al—azhar mosque, one of islam's most prestigious centres of learning. ahead of the visit, the pope made an impassioned plea to the warring parties in yemen, urging them to ease the plight of millions of people threatened by starvation. well, a little earlier murad shishani of the bbc arabic service explained the significance of the visit. this is the first—ever visit of the pope to the arabian peninsula. it is totally a new era for the catholic church here. there are around 2 million to 3 million christians in the gulf states, 1 million in

of fraser, but he was also in the running for hmv, losing out to the department, the owner of sunrise recordsve a chain of cafes and ca ke i will have a chain of cafes and cake shops. i will put that in my empire. it is amazing, isn't it? some serious cash flows. that is the dream, though, owning a kick shop, isn't it? isn't that what we will all do when we retire? nugent's buns. varies nugent's -- there is nugent‘s sausages. sarri beaten by manchester city and very unhappy leaving the pitch, he very much fear is the sack after that defeat. it is difficult because you would look at the chelsea players and think... yes, they have completely given up, haven't they? and the manager in that position, what do they do? they don't really agree with his style, don't really agree with his style, do they? they don't agree with his style, they don't particularly like him, and what can they do? he is in serious trouble at the moment. and this is a story in the telegraph, a programme you know very well, match of the day, a former presenter, paul armstrong, writing about how important it is in football cul

the owner of canadian music store sunrise records has bought the chain, and has pledged to keep 100 storess' core spending power will increase as they keep more of the money they raise through taxes. jessica parker reports. buses, children's centres, libraries, lollipop men and women — some of the services that local councils have cut across england as their funding has fallen. and again this year, the lump sum that comes from government goes down by around £1 billion, but ministers say councils will have more money to spend overall. there's some one off cash for social care, higher council tax takings, and a push to see some areas keep more of the money they raise through business rates. we said at the conservative conference last year that austerity is now coming to an end because of some of those really tough calls that councils have had to make, and i think we should look more positively towards the new spending review. that government spending review, starting later this year, could see the rules around council cash funding rewritten. ministers hint at providing a longer term plan, th

sunrise here this morning. valentine's day history. the warmest valentine's day on record, 73 degrees in 1990.n our snowiest valentine's day, 1885, when we had 5 inches of ewsnow. a chances for snow coming up. nothing to worry about today. 20s and 30s asut you go the door here early this morning. forecasted high will be in the low to mid-50s, with a gradual increase in clouds. no rain today. tomorrow, a lot of clouds. maybe a chance for a sprinkle first thing tomorrow morning and then tomorrow evening. most of the day tomorrow, , clou mild and rain-free. the jet stream, the subtropical jet stream is pushing moisture into southern california. that will be part of our forecast challenge as we get into the weekend and early next future weather, shows a little chance for a sprinkle or two, early or late in the day. here's saturday now. still, a high chance of getting some amof snow around here. snowfall amounts don't look as impressive as they wereoong yesterday. the european model now, trending the chances for an accumulating snow, a little south from washington to fredericksburg. and snowfall am

record price for a ruby, 25 million franks. sold. >> reporter: that's $30.3 million u.s. for this 25.5 carat stone, the sunriseou look at a top quality, gem quality ruby versus a top quality of a diamond, let's say they're 5 carats each. the ruby is going to be much rarer and much more expensive than that top quality diamond. because they're much harder to find. they're much more limited resources. >> reporter: daphne is the head of jewelry for christie's auction house in the u.s. >> an exceptional ruby does not come along very often. >> so we have to wait? >> we have to wait. >> reporter: but they are certainly worth waiting for. rubies aren't found just anywhere. the most prized stones have historically come from burma. now called myanmar. >> some of the areas where you can find them are so remote and that adds to the mystique of a fine quality ruby. >> may i? >> yeah. >> reporter: brenda marteaches the gemological institute of america. the authority when it comes to authenticating gemstones. >> nature created this.it'sure. who doesn't want a little treasure from the earth? >> reporter: gee logically speaker

record low. we're digging deeper into the challe facing the agency, what is working, what is not. of our colleagues will ride every line, sunriseat the rider experience. >> we begin our coverage with abc 7 news reporter amy hollyf she's live this morning. amy. >> repmorning, jessic we wan b.a.r.t. through your eyes, these passenger rides. we'll ride every l i will kick our coverage off hoppin on this first train out of antioch and start heading toward san francisco. we'll be tweeting out and sharin with you my observ i'll be looking out at the issues for b.a.r.t. rider. as we all know b.a.r.t. customer satisf is at an all-time low. they d release a recent survey that found 56% are satisfied with overall service on b.a.r.t. that's a dip from 69% the year before this is the lowest in b.a.r.t.'s histor it is trying to improv quality of life issues by adding police officers to try and keep the train safer. they a watching out for fare evader which is important to riders today adding must trains we want to see what's happening. follow on twitter, i'll tweeti out my observation. we'll also have live reports on this broadcast as we wo

before sunrise drivers took advantage of improving roads and light traffic, plows from caltrans and private companies worked to dig out from a record setting series of storms, and while conditions have improved, the roads are still icy. drivers are being urged to definitely take it slow.>>> bill martin is here now with more on what's in the forecast for the rest of the week. >> much drier, we have went through lots of snow in the mountains, and lots of rain, they are over 100% of snow and we are over 100% of rainfall. and it's good, we do have cooler weather in-store for us overnight, as the high pressure does its dominant thing. this trough right here is the mechanism that get kind of kept us cool and gave us all the weather. for us, the high-pressure kind of comes back in and sets us up with a slight offshore flow. with that said, we are moving into a pattern, tomorrow it will be much nicer than it was the last few weeks actually, we are going to see mostly sunny skies with a cool start to the day. temperatures right now are a little warmer than yesterday. 32 in santa rosa, 32 in fairfield, maybe not as cool as last night but pre

sunrise movement to know they were heard loud and clear. i have been and remain committed to do everything i can to enact climate change legislation. if you look at the senator's record, i believe that is so. it is not oh, sure, let's pull out of the paris accord. is this overblown? >> you know, i think that could potentially be the case. i think the opt particulics of striking. however, you know, i will say this, dianne feinstein like she said in that clip, she has been in congress roughly 30 years. she has a record of reaching across the aisle. a lot of the children she was talking to had a learning experience. this is what it is like to work with a politician. this is how government works. not to discount the work that congresswoman alexandria ocasio-cortez has been doing since her term began. this could be a lesson for her. you know, her ideas -- there is a lot of criticism of them. my way or the highway. however, we all have to remember that the beauty of our government system is that there is a way to build consensus. there is a way to reach agreement so both sides are happy. that is something we really lacked in the last couple of years. i think there is way t

at a record low but all week long we are facing deeper into the agency what's working and what's not and solutions as well. >> day on bart several of our colleagues are riding every line from sunrise throughout tonight to get a better feel what it's like on bart. >> and we want to hear. go to "abc7 news"/vote because we are doing our own bart satisfaction survey. when you log-in, you'll see a dial that you can use, you'll see, it will come up in an expedition is, there we go. there is the dial. best, worst, not great scores so far. >> no. >> but the pole will keep you updated in realtime as you vote. >> that's right. "abc7 news" news producer joins us live on the phone from premonth station. ken, how is it going? >> it's going great. much better than i expected. trains have been fairly clean. stations have been clean. i've been riding bart since 8:00 this morning from warm springs to sfo and getting off periodically to check out stations at random. at powell street though in san francisco, i found people sleeping in the hallways leading up to the train and definitely a strong smell of urine in the air. trash hasn't been big problem on the trains but definitely outside of the train

sunrise. max is there for us. i understand we might get some sort of record breaking thiem bridges. a lovely start here.is shaping up to the and other fine and warm day. it has been a remarkable few days across the country. unusual warmth once again. we had temperatures reaching record—breaking levels in some areas. yesterday in wales the record temperatures broke here. let's ta ke record temperatures broke here. let's take a look at what happened in wales through yesterday. temperatures peaked at 19.1 in western parts of wales. that was a new national record for wales. we could get close to breaking some other records as we see temperatures climb. a pretty warm start to the week after some frosty nights. quite a chilly start. some fog around before things turn a bit more u nsettled before things turn a bit more unsettled later on. we have a weather front bringing outbreaks of rain in the north, pushing towards through the day. elsewhere, fog across the midlands, wales and parts of yorkshire. most places seeing lots of sunshine. on the hazy side apart —— across parts of scotland. temperatures soaring in

sunrise coming up. those frosts on the ground as well. minus three degrees in one or two spots. when you contrasted with what happened yesterday, we saw recordotland. it bought rain yesterday that it scotland. it bought rain yesterday thatitis scotland. it bought rain yesterday that it is nothing more than a zone of misty low cloud. across the western islands, northern islands, orkney & shetland. a bit brighter than yesterday. any mist and fog out at the moment, like the vale of york, that should clear and it will be another day of blue skies almost all they threw for many of you. temperatures 15— 18 degrees quite widely. 21 in north and west wales and around the london area. the sun disappears below the horizon. mist and fog will be more of an issue tonight into tomorrow morning on like this morning, temperatures close to freezing and quite a few spots. cost is possible as we start tomorrow. wednesday, more mist and fog for the morning commute, particularly south—west england and wales. this is where it could linger for a good part of the day. at the same time, you will notice cloud pushing in from the west across the western fringes of sco