and as i mentioned at the outset in my opening statement that the investigation not to be conducted not only by us but by the fbi. i think the fbi investigation is going to be tremendously important. a have a far greater reach then our committee does. of you saw the sum total those in the house that are working on this. and there is a similar number of people in the senate. but that is it. and we don't have the global reach that the fbi does. so we are going to do our best to investigate the issues you heard about today. we want to make sure we do that as thoroughly as possible. make sure that we can oversee what the justice department is doing. make sure they are doing a thorough investigation but we have to place open confidence in the bureau and the greater resources to conduct this investigation in a thorough manner as it needs to be done. last question. >> on the timeline, the chairman at the end seem to suggest that -- [indiscernible] what is your timeline for your investigation? >> here is the real challenge. -- i look at this as if putting my former prosecutor hat on -- i had a

as i mentioned at the outset in my opening statement that that investigation ought to be conducted not only by us but by the f.b.i. and i think the f.b.i. investigation is going to be tremendously important. they have a far greater reach than our committee does. you saw sitting on the dais the sum total of those in the house that are working on this. and there is a similar number of people maybe a greater in the senate. and that's it. and we don't have the global reach that the f.b.i. does. so we are going to do our best to investigate the issues that you heard about today. we want to make sure we do that as thoroughly as possible and to the degree that we can, that we oversee what the justice department is doing to ensure they are doing a thorough investigation. but we have to put hope and confidence in the bureau to conduct this investigation in the thorough manner it needs to be done. last question. reporter: on the time line, the chairman suggested that the director should move it to hurry it along. what is your time line for your committee investigation? mr. schiff: here's the rea

. >> reporter: we have snow in allentown, we'll see rain at the outset. it's in the berks county, lehigh county and lancaster, as well. it will be another couple of hours before it gets to the i-95 corridor. the big area of concern will be in the northern tier where the roads will get slushy as could untreated sidewalks as you walk around later. we have a winter weather advisory it's shifting to the south, it covers all montgomery county and bucks county, philadelphia, chester and delaware counties not included in this advisory. they have extended it until 2:00 p.m. because the snow is arriving later and the bulk of it taking longer to get out of here. it's the northern areas, the farther north you go, the better chance you have of getting slippery roads conditions as the snow builds in later this morning. 45 in wilmington. wet roads in the i-95 corridor and south for the most part. in allentown we're well above freezing as is the case of reading not exactly setting the table for immediate problems with slippery roads. at 8:00 a.m., we get closer to the fr

here's david and karen. >> reporter: we have snow in allentown, we'll see rain at the outset. e berks county, lehigh county and lancaster, as well. it will be another couple of hours before it gets to the i-95 corridor. the big area of concern will be in the northern tier where the roads will get slushy as

those two changes they believe will draw in additional votes, but as i said at the outset, it is not entirely clear whether they have the votes, and in 7ai the year before and a store it. they did very good sales leading up torohibion a aotf sentbemeerfu. >> a8: othpridcy oue -wor s ain

what was the plan at the outset?m went well. i just typed on and what was the plan at the outset? crashed the line in protest. as this what franco. senior russian mp has proposed that football hooliganism should be recognised as a spectator sport ahead of the world cup in russia. the unorthodox proposal is designed to suck a repeat of the trouble seeing at the rose last year when organised groups of russian fans, many with martial arts training, for the english fans on the streets of marseille. one south african township, close to cape town, erasing college graduate is taking the fight against mental illness to streets. andreas believes young people have undiagnosed mental issues and the chance of benefiting from counselling. he is using a brightly coloured van to spread awareness of the problem. young kids as young as eight or nine, they grew up as young as eight or nine, they grew up seeing terrible stuff, whether it is someone being mugged or being stabbed, violence taking place in their own household. this is my mobile consultation van. this van brings services to kids in the

announcer: i would like to at the outset indicate how i would like to proceed today and have memberthe ranking senator thurmond about this. i would like to withhold any motion at the outset and give each of my colleagues an opportunity to make a statement if they wish to on the nomination and i will have a brief statement and then we will proceed to voting and i will at that time indicate how i would like to proceed in look to the will of the committee but when i would like to do now is yield to senator thurmond to make a statement and then we will go through the entire committee and get to the matter of voting. >> thank you mr. chairman. thank you mr. chairman. have thoroughly reviewed judge bork's background and qualifications. i believe he possesses all of the qualities necessary to be an associate justice of the supreme court. his intellectual capabilities are extraordinary. phi beta kappa, distinguished law professor, respected author, solicitor general of the united states and district judge on the court of appeals. he has received the highest thengs aba can give to american bar

i would like to withhold any motions of the outset. and give each of our colleagues an opportunity to make a statement, if they wish to, on the nomination, and i will have a brief statement, and then we will proceed the voting, and i will at that time indicate how i like to proceed. i look to the will of the committee. but what i'd like to do now is may, is yield to senator thurmond for any statement he would wish to make , and then we'll just go through the entire committee. and then we'll get to the matter of voting. sen. thurmond: thank you, mr. chairman. i have thoroughly reviewed judge bork's background and qualifications. i believe he has all requirements to be an associate justice of the supreme court. his intellectual capabilities are extraordinary -- phi beta kappa, order of the court distinguished law professor. respective author, solicitor general of the united states, and second judge of the court of appeals. he has received the highest rating the aba can give at the -- that is the american bar association -- can give to a n

i want to be very clear from the outset, that is a complete non- starter. we been here before and shown we can win and we will fight the efforts every step of the way. i urge people across the country to let their senators know this is not acceptable. stand up for women and their families, for their rights to take care of their own reproductive health care at a facility that provides to them their own community. of i urge my republican colleagues, don't make the same mistake again. and the damaging political attacks on women and stand with millions of women and men and families, they need us. thank you. i yield the floor. >> c spence "washington journal", live every day with me some policy issues that impact too. coming up on friday morning, former nato secretary-general joins us to discuss u.s. relations with nato and russia. environmental and energy reporter will talk about trump administration efforts to reverse obama eric, policies. foreign affairs contributor discusses how americans have lost faith in experts and why that's a problem. watch "washington

and so we knew from the outset is essentially would be a political instrument to teardown to have to analyze this developments means is there any chance remaining to with this investigation we need to do a. to provide a report to the american people that has democrats and republicans on the same page if you have a chairman interacting with the white house and doing so with the committee with a profound out if that can be done. >> did he reveal any classified information? >> one -- it certainly is an appropriate for us to be discussing this subject to any degree that can divulge that target so i am not prepared yet to say but is classified or unclassified but it is beyond regular to receive any in the evidence beyond the scope of the investigation whether masking procedures are followed and i would say the most profound concern here is these actions raise enormous doubt and more than anything else is the formation of the independent commission. >> on monday we heard from several committee members about the proper unmasking of individuals what is the of fundamental difference of what t

that's why i said at the outset, this is probably the most important thing i've ever taken on in my publichis comes in the wake of the hearing somewhere james comey confirmed there is an ongoing investigation into the ties to russia. >>> a main turning point in the stock market. unrelenting optimism over president trump's policies colliding with the realities of washington. that has caused fear to creep back into the market. sent the dow tumbling 238 points. s&p falling more than 1%. the nasdaq was the biggest loser. look at that tech stock slam. what's next? futures are down this morning. it could be a pause or a slump back over that. the meetings behind the stock market is slowly shifting. this is what we call the fear and greed index. you can check it out on "cnn money." right now it's showing modest fear, extreme greed as investors rushed to buy stocks with optimism on tax reform. same from a year ago where the market was charging back to a rough start. a new fund manager from bank of america merrill lynch 34% say u.s. stocks are overvalued. that's a record high. 81% say the yus is mor

the trump administration do not bring in the middle of the party in the right of the party from the outset, they are almost destined for failure from the beginning paid you cannot present some ink to republicans in congress that our elected officials and say to pass this because it is coming down from us. that will not work. the other aspect is they are so many landmines with how they go about it, tax reform, young lobbyists, people who want to make sure they are protected than the infrastructure, groups want to make sure they get the contracts coming out of that. there are so many aspects to this that make it a difficult road to hoe that i think it is incumbent upon the white house to learn what went wrong with healthcare, work with conservatives, moderates, those democrats willing to work with republicans from the outset to make sure they have a bill that is a little more acceptable once it arrives. >> jenna: i'm curious for your thoughts on that. do you think there are willing democrats to work with the white house on an issue like tax reform? >> i think where we agree on the issue of w

nathan: 1775 at the outset of the american revolution. it was established to provide a force of seagoing infantry to serve with the navy. for the most part, their duties included serving as police force for the ship's captain, and also provide capability of close combat at sea. ships would pull alongside each other and try to board one another. the marines would provide musket fire, and be a close combat force for when that took place area -- took place. bill: in terms of history, it is one of the oldest forces in existence. nathan: in the united states, yes. it was disbanded at the conclusion of the american revolution but the congress reestablished it in 1798 and it has been there ever since. bill: what was the national security act of 1947 and why was that so important to the marine corps? nathan: the national security act of 1947 and the associated legislation that came afterward, that basically took intelligence and military entities during world war ii and restructured them and put them on a more permanent footing for the cold war.

. >> this is one of the russian books. , from the outset, the founders set out to involve the public. the idea was initially that it was to be firstly a memorial to the war, but primarily it was cover people does the experiences in the war, and cover everybody from front-line soldier, to munitions factory worker, to civilian. way to showe best how they have changed, is to look at what they hold today. there are 100,000 exhibits, but over 3 million documents, recordings, films, that tell human stories from events that changed the world order. >> here we are in the cabinet room and that is churchill's chair, there. now 91, she typed the plans for d-day here in winston's churchill's bunker. >> i think museums do a wonderful job. canything is active and you open doors, and a drop-down blinds, and whatever else you can do. reporter: reflecting the sad sad procession- of conflicts and connecting with today's young people brings fresh challenges. that children see on hollywood movies or video games are unusual. they will have this knowledge of individual weapon systems. they think people can

honestly, i was never more proud than when at the outset of his very first joint address to congress,sident trump paused to condemn threats and acts of vandalism against jewish communities across america. he reminded us boldly that while we may be a nation divided on policy, we are a country that stands united in condemning hate and evil in all it's very ugly forms. and president donald trump is a man of his word. and he is a man of action. for the first time in a long time, america has a president who will stand with our allies and stand up to our enemies. and under president donald trump, if the world knows nothing else, the world will know this -- america stands with israel. [applause] v.p. pence: president trump and i stand with israel for the same reason every freedom loving american stands with israel -- her cause is our cause, her values are our values. and her fight is our fight. president trump is a lifelong friend of israel. i have seen it firsthand, the presidents deep appreciation for israel and all who cherish her. it was the morning after the election. i was in the room

rain at the outset, 4:30 in the the air. we are going oand we to philadelphia by past philadelphia by probably still snowing in e thi wind down a b passing sno 9:00 or ere from a coati up into north 3 inches. ulation is on grecially closer to slippery spots developing and nos the snow gets intee'll have travelt the snow is by the time we7:00, 8:00 a.m. temperatures dip below freezing and we dip back up and wet roads for the most part even as the temperatures get below freezing, and if that time period 6:00 to 10:00 a.m. in the morning, probably low impact and windy and 65 and high of 41 with the snow in the morning and snow and rain showers in the afternoon and the weekend still looks cold. 33 on saturday, sunny on sunday with the southern system way down in the carolinas now, 36 degrees, set your clock forward when you go to bed of course and the next issue is monday night into tuesday and some models indicate a coastal system perhaps a northea eastern type storm. >> thanks david. >>> king kong is perhaps the biggest blockb

outside we have cloudy skies over the ben franklin bridge waiting on the precipitation, maybe rain at the outset, but eventually it's snow. as you check out temperatures across the region, we've seen numbers drop in the northern and western suburbs as we were expecting, 34 in allentown. snow is drawing the colder air down from aloft. we're mild at the out set just wet roads up here and staying wet in the i-95 corridor. over the next couple of hours we'll see slushy roads developing in the northern and western areas. future tracker 6 between now and 7:00 a.m. we're close to having snow in philadelphia. by 9:00 a.m., 10:00 a.m. it's everywhere from the poconos to millville an after that in places across the region. one change on the model we have a little slower arrival with this this morning and slower departure. it will take until 1:00 p.m., 2:00 p.m. for it to get through philadelphia. after that drier overall and during the afternoon and evening we might get a pop up snow squall, the molds showing you one at 5:00. it doesn't last long, but when it hits poor visibility and heavy snow for at tha

let me tell you at the outset that we have great confidence in china-russia relations. we have a comprehensive strategic partnership of coordination, not because it is contagious -- convenient. it is on the basis of our fundamental interest. the relationship has stood the test of international vicissitudes. the relationship is as strong as it has ever been, and our mutual trust has reached a historic high. the relationship will not be affected or weekend by any external factor. we welcome improvements in russia-u.s. relations, which will be an important piece of good news for the world. ofs year, the presidents china and russia will have multiple face-to-face meetings which will take our relationship to new heights. china and russia will improve strategic coordination on international and regional issues, and together act as a stabilizer in an otherwise turbulent world. [speaking chinese] >> as far the china-u.s.-russian relationship in the new era, it should not be a seesaw game. the three countries should work for each other -- with each other rather than against each

we stayed on the benghazi select committee, though we knew from the outset that it is essentially going to be a political instrument to tear down secretary clinton's numbers. we will have to analyze with the development means. i do think that if there is any chance remains for us to conduct this investigation, we need to do it. as i said earlier in the week, we could do a tremendous service to the country if we are able to a credible investigation and at the end of the day provide a report to the american people that if democrats and republicans on the same page. if you have a chairman who is interacting with the white house and sharing information in the white house and people around the white house or the subject of investigation and doing so before sharing up at the committee for is a profound doubt over whether that can be done credibly. >> to the chairman reveal any classified information? >> well, it certainly -- and certainly inappropriate for us to be discussing whether specific people or the subject of collection or incidental collection to any degree that can double to the tar

and i would say at the outset , some of us were critical of that. but i would guess in retrospect it may have taken that much time with the august recess to prepare for this very important hearing. let's face it. there is tremendous interest in the country. wherever you go, and some of us go a lot of places, this is generally question number one or number two in any town meeting in america. so the american people are tuned in. the american people are ready for a fair and impartial, tough hearing. i have got to say, judge bork, you are probably going to have one. and i know you are prepared for it. i want to join my colleagues here to indicate my appreciation for having an opportunity to help introduce judge bork this morning. joe biden: thank you very much, senator. again, i know your duties exceed those of us on the committee here in your leadership position. you are welcome to stay, obviously, but we understand if you do not. bob dole: i want to stay for the other two statements. joe biden: my next door neighbor in this building is the senator from

as i said at the outset, the secretary's principal job is to be a guardian, a steward of the public lands. to me stewardship is so important. so many of my colleagues come to the floor and act like they are managing this resource for their lifetime and their generation. stewardship is about managing these resources for future generations as well. if our past ancestors had been so callous with the federal resources, where would we be today? so it is so important that we not look at the federal lands through the narrow resource that someone has in their particular state or interest, but make sure that stewardship is about future generations as well. so with that in mind, i have seen several laws and regulations already under attack that are fundamental to keeping that mission of stewardship at the department of interior, including the clean water act, the federal lands policy and management act, clean air act surface mining control and reclamation act and the an ticketies act. -- an ticketies act. while congressman zinke said he would pose this to the federal states, at the same time he ind

let me tell you at the outset we have great confidence in china and russia relations. e have a comprehensive strategic partnership of coordination, not because it is convenient. it's a strategic decision reached by both sides on the basis of our fundamental interests of relationship has stood the test of international. the china russia relationship is as strong as it has ever been, and our mutual trust has reached historic highs. the relationship will not be affected or weakened by any external factor. we will have improvements on russia u.s. relations which will be an important piece of good news for the world. this year the presidents of china and russia will have multiple face-to-face meetings which will take the relationship to new heights. china and russia will improve strategic coordination on international and regional issues and together act as a stabilizer in an otherwise turbulent world. >> [speaking chinese mandarin] [speaking chinese mandarin] >> as for the china u.s. russian relationship in the new era, it shouldn't be a seesaw game. the countries should wo

from the outset the founders set out to involve the public.tially that it was to be firstly a sort of memorial to the war, but primarily it was to cover people's experiences in the warand it was to cover people's experiences in the war and that meant it covered everybody from front—line soldier to the munition factory worker to a civilian. the best way to illustrate how the imperial war museum has changed since the first collection was put together a century ago is to let what they hold today. there are 155,000 exhibits, those are the larger items either on display or held in store but there are well over 33 million documents, photographs and recordings, all of them helping to tell the stories around those exhibits. here we are in the cabinet room and that is churchill's chair. joy has shared her memories. now 91, she typed the plans for d—day here in winston churchill's bunker and she shook hands with world leaders with the conference wish to pay to the post—war future of europe. conference wish to pay to the post—war future of europelj confe

from the outset, the founders set out to involve the public.be firstly a sort of memorial to the war, but primarily it was to cover people's experiences in the war, and that meant it covered everybody from the front—line soldier to the munition factory worker to a civilian. the best way to illustrate how the imperial war museums have changed since the first collections were put together a century ago is to look at what they hold today. there are 100,000 exhibits, but over three million documents, photos, recordings and films that tell the human stories from events that changed the world order. here we are in the cabinet room, and that is churchill's chair there. joy hunter has shared her memories. now 91, she typed the plans for d—day here in winston churchill's bunker and she shook hands with world leaders at the conference which debated the post—war future of europe. i think museums do a wonderfuljob. and now that they are working like this one works, for instance, where everything is active and you can open doors and, you know, drop down min

. >> i would characterize it this way at the outset of the investigation, there is circumstantial evidence of collusion. there is direct evidence, i think, of deception. >> i give you a very simple answer, no. there's no evidence of collusion. >> reporter: and sources emphasize today's hearing is about much more than twitter rants from the president. the hearing's main focus how russia allegedly interfered in last year's election and whether any u.s. citizens helped the russian government. kendis and adrienne. >> abc news will have live coverage of the director's opening statement expected around 10:15 eastern time this morning. >>> also in washington today, the first of four days of confirmation hearings for supreme court nominee neal gorsuch. >> the senate judiciary hearing will hear from the judge himself. the conservative hopes to replace justice antonin scalia who died 1 months ago. >>> president trumpcriticized kim jong-un after the country tested a new rocket engine. it mashes a significant advancement in the north's capability. the test came during secretary of state rex tillerson'

by 12:30 in the morning we see the snow moving down, rain at the outset, 9:30 it passed through philadelphia and beginning to break up and along the way a chance of accumulation especially on grassy surfaces. as we look at the potential amounts of snow, the models coming in and shifting a bit. i think the gsf is putting too much in philadelphia. maybe a coat to an inch. and the rpm high at 1.7. as you go farther north into the lehigh valley. more of a 1 to 3 inch range is more along what we expect. the 4. 9 on the gfs i think is running high. this is on grassy surfaces and the farther north tonight the more careful you'll have to be. cold weekend coming up i'll have that in the seven day. >> thank you. the "action news" morning team will keep you up to speed when the messy weather moves through, tune in early at 4:00 a.m. for the updated forecast and the lightest traffic reports. as always rely on 6abc.com/weather you'll have access to the power of stormtracker 6 live double scan and the latest on the storm's timing. our team of meteorologists will be there to help you as well. follow each o

not knowing who the parties are other problem at the outset. >> is there a chance of a major credit event we are not expecting that. the longer-term corporate credit issue needs to be addressed. we are not talking about deleveraging just yet. they are talking about getting income growing at some point down the road. r> we are seeing riskie borrowers going overseas come bond sales overseas in the first quarter. it is china really starting to export its debt issues? >> i guess you could potentially think about it that way, but it is something we would expect to see to be honest and not have this completely closed financial system, completely close capital markets. the opening up of the capital markets in china has been a long-term initiative. >> are we going to see more corporate defaults here? we would expect to see that given where debt levels are and we expect growth to be slowing going forward. happens withhat interest rates, so it would not surprises to see more corporate defaults going forward. look atou having a good the united states, the outlook there, the up-and-down rhetoric from

reading has rain at the outset, as well. a lot more rain inching into new castle county, as well. the snow line pushes through philadelphia past wilmington and closer to the shore. we're in the early evolution of all this. a lot of roads are dry locally. as we look outside, we have sky6 live hd over the ben franklin bridge. cloudy skies ready for the rain and snow. we'll get accumulation as far south as philadelphia although mainly on the grass. 43 is the current temperature. obviously it's well above freezing. so the roads locally should remain wet. winds out of the northeast at 13 miles per hour. future tracker 6 shows you between now and 7:00, the snow line pushes past allentown and starts to come down to the early suburbs and at some point later in the morning commute we expect the wet snow to start passing through philadelphia. it could be heavy at times and reduce the visibility. in through here, probably wet roads. bucks, montgomery county and berks and lehigh and north hampton counties and points north be careful always the snow starts to build in. temperatures are above fr

it's very politicised from the outset. chnical people will try to get as far as possible before political intervention is required. this is doing it exactly the opposite way around. what i would urge both sides to try and do is find an accommodation and buy more time. the two year time frame is not sufficient. which could mean an interim trade deal, in your mind? in two yea rs ? i don't see what an interim trade deal would look like. i suppose it is possible but it strikes me the interim deal is an agreement to lengthen the time that is available for discussions. that in essence is the deal. this week there and could be looking at uk trade falling back on world trade organisation rules. that's been debated here extensively in recent weeks. you will hear differing views as to how much difference that will make. what is your take on it? it's a leap into the great unknown. it's a leap into the great unknown. it would definitely have an impact. 0ne it would definitely have an impact. one would think detrimental. the uk will hav

from the outset, the founders set out to involve the public. idea was initially that it was to be firstly a sort of memorial to the war, but primarily it was to cover people's experiences in the war, and that meant it covered everybody from the front—line soldier to the munition factory worker to a civilian. the best way to illustrate how the imperial war museums have changed since the first collections were put together a century ago is to look at what they hold today. there are 100,000 exhibits, but over 3 million documents, photos, recordings and films that tell the human stories from events that changed the world order. here we are in the cabinet room, and that is churchill's chair there. joy hunter has shared her memories. now 91, she typed the plans for d—day here in winston churchill's bunker and she shook hands with world leaders at the conference which debated the post—war future of europe. i think museums do a wonderfuljob. and now that they are working like this one works, for instance, where everything is active and you can open doo

yes it might be a little bit of rain at the outset. it looks like it will change over to snow. i know annie mccormick has been waiting patiently for this to come in, doesn't look like she'll have to wait too much longer. reading mainly with rain arc pocket of frozen precipitation trying to bubble up there, as well. let me give you another lapse on this. temperatures in allentown are mild in the upper 30s. as the snow comes in, it will drop. we'll see slushiness develop over the neck couple of hours in allentown. in wilmington, it's raining. the snow line is dropping through philadelphia as we go through the morning commute. stepping outside, we have sky6 live hd, dry conditions here. someone tweeted me, they are flying is there going to be a delay at the airport. i doubt it, visibility might be an issue, on the surface, everything will melt on the pavement. it will not be a day they do any plowing at the airport. 43 is the temperature. winds out of the east at 14 miles per hour. we're not setting the table for frozen roads because it was so mild yesterday and mild this morning.

that trade cost you nothing at the outset. rk to market as it moves higher between now and july expiration. you will show gains. as it moves lower, you will have losses. but on july expiration, the worst-case scenario is that the stock was 17 or lower. you would be put to stock. best case, it is 30 or higher. and then you're basically long in the stock. so this is called a risk reversal. we can't pinpoint where the good entry is. this is not a high probability bet bust it is a trade that you think a stock will be volatile and you're unsure about entry, it makes some sense to have a bit of a place holder. if you think it could have tremendous momentum and start to move higher. >> what do you think of the stock? what do you think of the trade? >> well, actually, i'm interested in talking about the trade first. what dan is talking about here parallels a lot of what we saw some institutional traders doing. the most active were the i am a 18 puts. and many were sold. that's being willing to guy stock near the ipo price. if you didn'

now, with about the object at the outset and what does that tell us about it. one of the things we are able to do and have another hearing next week his conduct as much of this as we can in the public. maybe the first time the country tuned into what is this all about. it's to read the data that direction and what is at stake and the most important question i try to answer for people whether it is the affordable care act with a russian hacking. they knew they were behind the dumping of documents. it is demonstrating to the public that this is something to care about. they are all effective if they vieweview the united states in a different light. the democracies have decided that human rights representatives are not that important anymore. so, i think the public component is very important. >> you outlined the ambitious legislative agenda both domestically and abroad. you ended your remarks with a recognition that this has got to be something that crosses party lines that don't have confidence in a completely divided congre congress. there was a set of week's so

that trade costs you nothing at the outset. rket to market as it moves to the july expiration, you will show low gains, but on july expiration, the worst-case scenario is that if the stock was 17 or lower you'd be put the stock. if it's 30 or higher you're low in the stock. we can't pinpoint where the good entry is. this is not a high probability bet, but it's the sort of trade that if you think a stock is going to be volatile and you're unsure about entry, it makes some sense to have a little bit of a placeholder, if you're willing to buy it down at 17 or you think the thing could have tremendous volume and start to move higher. >> what do you thif the stonk o stock and what do you think of the trade? >> i'm interested in talking about the trade first. what dan's talking about parallels about what we saw institutional traders doing today. the most options were the april puts. that's basically being willing to buy the stock down near the ipo price if you didn't have a chance to do that by selling that put, that's what you're com

that trade cost you knowing at the outset. to market as the trike moves higher between now and july expiration you will show gains and as it moves toward the lower put strike you will have losses. on the july expiration worst case scenario is if the stock is 17 or lower you would be put in stock. so this is called a risk reversal. one of the idea ises is we want pinpoint where the good entry is. it is not a high probability bet but the sort of trade if you think a stock is volatile and unsure about entry, it makes sense to have placeholder either if you're willing to buy it down at 17 or you think the thing could have tremendous momentum and start to move forward. >> mike, what do you think of the stock, a, and what do you think of the trade? >> actually, i'm interested in starting out talking about the trade first because what dan is talking about here parallels a lot of what we saw institutional traders doing today. the most active options were the april 18 puts and many were in fact sold. that's being willing to buy the sto

i should state at the outset that i do not agree with all of judge gorsuch's legal views, however i believe that judge gorsuch to be exceptional choice for the court. while many focus on replacing the conservative with another conservative, the primary concern should be to replace an intellectual with another intellectual. judge gorsuch is that type of nominee to have the vigor to sit in the chair of the late antonin scalia. one of the primary complaints regarding past nominees has been lack och writings or opinions. such individuals can make for good nominees. they do not make for great justices. judge gorsuch is a refreshing departure from that trend. he has a record of well considered writings both as a judge and as an author so this is not a blind date. we have a very good idea of who judge gorsuch is and the type of justice he will be. in my written testimony i focus on two aspects of the nomination. first i have addressed the criteria often used to evaluate a nominee and i have looked at cases by judge gorsuch with particular emphasis on power and chevron. every present senator expres

this shouldensurejhat lnfuture i at the outset of an inquiry. ening the independence of the cabinet secretary and the role of the commons, but frankly i would say to the house those recommendations are timid. does the chair, and perhaps the select committee, agree with me that it will require a root and branch transformative change of the whole of our political structures and culture before we can honestly say again to the british people that there will never be such a failure? chilcott was set—up to identify mistakes, mistakes that led to the loss of life, military and civilian. with that in mind, seven years to come to conclusion is unacceptable. those mistakes could potentially have been repeated during that time scale. the overriding lesson that most people will think we can learn from chilcott is that these reports take too long and cost too much. david nuttall. what's to be {lane t—e stag geu ngst—er—s— backgrounds ending up in young offenders‘ institutions? the government has published new sentencing guidelines for young offenders, which c

wasn't that the object at the outset? outoes that tell us what the russians are willing to move from one to type of operation to another. there is a lot of questions to be answered on basic issues, let alone the issue of whether there was coordination with each other campaign. .ne of the things i had hoped conduct as much of this as we can in the public. their day revolves around what happens here. most people are just trying to make a living and get by. yesterday may have been the first time the country may have tuned in to what is this all about? we are hearing this noise from the white house, congress and it is conflicting noise. the president says this is an effort to reach -- to relitigate the election. whether it is the affordable care act or the russian hack, why should they care? as ae to say i think democrats, my party needs to accept responsibility for the new thatpublic largely the russians were behind the hacking in dumping of documents. we failed to persuade them why they should care. i think that is a continu

these kind of remarks are thus disqualified from the outset. acknowledging that berlin and ankara have vast differences of opinion, especially concerning press freedom and freedom of expression, the chancellor appealed for a candid discussion. brent: time now for business news. the auto maker opel is set to get a new owner. daniel is here with the story about that. daniel: that's right, brent. it is no wonder general motors wants to sell the european car maker. opel hasn't turned a profit in a very long time. in fact, it's a weight on the parent company to the tune of $5.5 billion in losses since 2011. but, gm has managed to put opel on to a more promising trajectory. we can see the chart here of the losses that opel has experienced over the last few years, and coming up to this part of the end, that's where the french car maker p.s.a. wants to pick up the slack. the chief executive of p.s.a. is this man here. he is already well known for bringing his company back from the brink. well, now he promises to rid opel of its losses completely by 2020

the abolition of the power of the nation state and the national comment was built in right from the outsetew xenophobia, which was almost inevitable if you anticipated it properly. the point is the democratic nation state, with a government elected by the people for the people, answerable to its own population, was one of the greatest progressive ideas in human history. they wanted to wipe it out because of the terrible 20th century crimes. three lots of no champagne corks popping! say something nice about the eu. it has prevented wars. hasit? about the eu. it has prevented wars. has it? i think you have to look at it... it has encouraged democracy. when you look at the appeal. after the fall of the soviet union, so many eastern european countries wanted tojoin many eastern european countries wanted to join the many eastern european countries wanted tojoin the eu and lives to its standards —— live up. of course they and to be part of the larger families —— family, but the eu meant something. it was seven democracies and cultures that had attractive power. i think we really do have to thank