. >>> plus, on the defense, the reason apple is working to defend smartphone addiction in kids. >>> a drizzling, soggy start. not a lot of traffic to report, so far. traffic and weather today as well as the day's news. 4:36. thanks for watching "today in the bay." who are these people? the energy conscious people among us say small actions can add up to something... humongous. a little thing here. a little thing there. starts to feel like a badge maybe millions can wear. who are all these caretakers, advocates too? turns out, it's californians it's me and it's you. don't stop now, it's easy to add to the routine. join energy upgrade california and do your thing. >>> good morning, i'm kate rogers, live at cbs global headquarters. here are the top business headlines. wall street rebounds at the opening bell. the dow snapping a four-day winning streak. nasdaq closed at a record. they look at energy. the dough slipping and nasdaq rising 20. >>> apple is defending the record of providing parental controls for iphones and other devices. this comes after a pair of investors called on the tec

the chart. we have apple over the last year, climbing, climbing, climbing. in blue we have the dollar falling, falling, falling. is that the reasons falling? no but there certainly seems to be a tailwind and there is question about whether demand is going to remain it as strong in china for the iphone. and if you have any strengthening and of the dollar. joe: this is the second day in a row of nasdaq under poor firm -- nasdaq underperforming, which is kind of weird. in general, does there seem to be cooling off in tech right now? abigail: i think some of what we saw yesterday, the chip sector, the stocks were especially week on texas instruments although ironically texas and omits is not on the nasdaq. but with apple this is the stock's second down day in a row and yesterday there was a lot of commentary that the march disappointing. there's a big question out there about iphone demand. they do report next thursday and it could be interesting in terms of what they actually report but in terms of the march quarter, up we look at the model in the bloomberg, this is the second -- excuse mee year this is the first quarter here but in

apple has close to quarter of a trillion dollars parked overseas. they are going to bring a bunch of that back, which is great. and one of the reasonshe president tweeted yesterday, given all the news about apple, he said i promise that my policies would allow companies like apple to bring massive amounts of money back to the united states. great to see apple follow through as a result of tax cut. huge win for american workers and the u.s.a. now, he just mentioned the tax cut. was that a contributing factor in the ceo of apple, tim cook was asked about that yesterday and said this. >> without these policy changes, would you be able to announce today the creation of 20,000 new jobs? >> no. let me be clear, there are large parts of this that are results of the tax reform and there is large parts of this that we would have done in any situation. >> so it sounded like president trump's tax bill has been a huge windfall for apple? >> there are two parts of tax bill, right? there is a corporate piece and individual piece. i do believe the corporate tax side will result in job creation and a faster growing economy. brian: you know what? st

apple stock is thinking after reports it is cutting iphone 10 production. production would go from 40 million to 20 million units for the first quarter. the reason? weaker than expected demand. apple has lost nearly $60 billion in market value in the past 11 days. >>> two and a half years ago they promised changes after a kpix 5 investigation revealed the state was putting millions of people at risk for identity theft. tonight, julie watts reveals little has changed, and lawmakers on both sides of the aisle are furious. >> reporter: don't put your outgoing mail in the mailbox ever. if they see a flag up, it's gone. >> reporter: that is the warning from convicted i.d. thief cheryl thrasher who told us all she needed to empty bank accounts, credit cards, and commit crimes in a victim's name was one piece of mail with a social security number. >> it is easy, it's fast, and it is a fast come up. >> reporter: it's the reason most government agencies, banks, universities stopped using social security numbers as identifiers years ago. in fact in 2010, california passed a law that prohibits prohibiting the number on any materials that are mailed. but as w

i've advised us of grading the battery i think it's the simplest and most effective way of getting better performance as another reason why apple and the other manufacturers should be offering batteries as cheaply as possible because it is the easiest way to get better performance from your products the fact that they try and turn into a profit center i think is unacceptable because they shouldn't be price gouging people for something that should be a basics of necessity for upgrading our product did i asked you earlier about your advice for apple what about your advice to the apple consumer is that what you would do the people who perhaps have her i mean honestly take a stand i think. their trust has been look trust is clearly being eroded here you know when there's a problem with the toyota car you know as we've seen and the kill function in volkswagens cars you took your car in and you got a free upgrade you didn't have to spend any money on that correction that they made a problem with that they admitted they fixed it here's a situation where deliberately apple's been slowing down people's phones they've been perceiving the

the day. well apple has made a lot of headlines lately for the wrong reasons it has agreed to replace batteries in older i phones after it was revealed that the batteries slow down those older phones france has launched an investigation into this alleged deception and planned obsolescence but it is what those i phones are doing to our children that we want to focus on tonight this week two of the main shareholders in apple published an open letter calling on the company to invest money into hell to protect young people from their addiction to i phones now in the letter they write there is also a growing societal unease about whether at least some people are getting too much of a good thing when it comes to technology in fact even the original designers of the i phone user interface and apple's current chief design officer have publicly worried about the i phone's potential for over use and there is good reason why you should not address this issue pro actively you know what's going on here what's going on inside the minds of our children with joining me now they talk about that isabella wiser s

found a domain signing on the subject that shows d w in your room you can learn a great price or two d. w. dot com travel questions. at the. apple wants to pay taxes and the reason donald trump's u.s. tax reform well the take giant says it will call for taxes on around two hundred fifty billion dollars in overseas cash and create thousands of jobs in the united states. also. coming up a beijing released better than expected growth figures today adding stronger exports and infrastructure investments to the economy we get some analysis from the marketer institute for china studies. welcome to your business and we're starting with some good news for air bus that's just in emirates airlines has announced it would buy twenty a three eighty super jumbos with an option of sixteen more the deal is worth sixteen billion dollars and comes as a big relief for the european aircraft maker earlier this week abas c.e.o. old john lee he had admitted the a three eighty program would have to be discontinued if a deal with dubai based emirates didn't happen soon the a three eighty the largest passenger plane in the world has proven to be too big for many carriers toting airbus pro

. >>> plus the reason there is a good chance apple could buy netflix and what to could mean for apple users. >>> learn about some of the latest gadgets coming out. >>> it is >>> our snow pack numbers they don't lie and they tell a story of just how bad this year has begun, but over the next couple days we will start adding snow to this, the same storm that will bring us showers and possible thunderstorms. today increasing clouds across the entire state with 50s in the high country, 60s just about everywhere else until you get down to so cal, 70s there, even 82 at palm springs. on my accuweather seven-day forecast for tahoe, some snowshowers and rain showers for wednesday, thursday and friday, mainly snow saturday and sunday. just not a big dumping of snow. reggie? >>> happening today the man accused of making a prank call that led to an innocent man's death in kansas could make his first court appearance. police say 25-year-old tyler barris called 911 describing a hostage situation thursday night in wichita. the incident is known as squatting, that he is when someone reports a hoax em

it's in the north bay, known for nordstrom in that area, the apple stores, macy's, several other stores. the reason is not noboknown at time. sky 7 is headed to the mall. this is a live look as it makes its way there. we'll bring you an update as soon as it arrives. >>> also breaking news of a suspicious package at mineta san jose airport. no new passengers are being allowed on terminal "b." matt keller is on his way and will have a live report coming up. >>> santa clara firefighters are still on the scene of a large fire at the cardboard plant. stacks of cardboard piled 15 feet high were burning. firefighters poured water on the flames trying to soak the dense material. >> cardboard bales are density packed together. when they burn it's really hard to penetrate into the hottest spots of the fire. >> firefighters could be there for days digging in with heavy equipment and putting water on those hotspots. >>> new at 11:00 a.m. now a driver now faces murder charges following a crash that killed a highway patrol officer on christmas eve. prosecutors believe the 22-year-old driver was drunk and high on

companies you could have android phone and apple tv and various devices from different companies and still use spotify on it. that might be a benefit toyota that's the reasonp paying spotify instead of apple music or other services, i like the flexibility of it. also, they are really good it's their one thing and they are much better at it. their app works better they have better services and features than the other companies that do it because it's the one thing there's something to be said as we enter lapped escape dominated by a few companies the these companies that play nicely with everyone else, they may do well in the future. >> few disagreements on that poi point. >> the president has been active on twitter, he prompted to support iranian protesters last night he tweets north korean leader kim jong-un is on his desk at all times. someone from his depleted and food star jonesed regime inform him that i, too, have a nuclear button, much bigger and more powerful one than his and mine work iran leader blaming enemies for recent protests. it raised the question again in twitter's role policing content. atlantic posting, should world leaders be banned fr

the speed of aggression that is important. as long as it is slow and relatively smooth, there is no reason it should upset the apple cart.er, my son. let's talk about volatility. perennially low volatility, the big strategy was right the course, bank the premium. possibly say that is coming to an end. edmund: i think that is right. maybe not straightaway at the beginning of the year. but during the year we would argue the inflation pick up will be reflected in the bond market. you look at the credit market and investment grade spread and high-yield spread, there are volatility starting to return. that could be reflected in equity markets at some point during the year. since january, 2017 we will be talking about political risk in the eurozone. we have not mentioned that yet. has that seemed to upset the apple cart? no.nd: since we have had loads of european elections and no volatility spiked for anything more than a day, a few hours even. i would say no. to focus.ot the place inflation is the place to focus. wages is the place to focus. once that hits the bond market, you will see records and volatility market in other a

the company denies planning obsolescence, but apologizes for its battery management program of slowing older phones down. apple faces similar class action lawsuits in the united states. >> a reasoncelebrate for australians. brent: same-sex couples down under have ushered in a new era with a wave of weddings under new marriage equality laws. they have waited months since legislation changed to allow them to get married do to licensing laws, but for many, their way to saying "i do" was worth it. >> at the stroke of midnight and in the early hours of january 9, dozens of same-sex couples exchanged wedding thousand across australia as new laws legalizing gay marriage took affect. one of the first couples to tie the knot were athletes craig burns and luke sullivan, who wed in new south wales. >> this is a huge step forward for australia. there are still people out there who have a problem with it, and you will face those people in day to day life every now and again, but it is far outweighed by the influx of people we have had in support. >> at a ceremony in melbourne, this couple were wed. >> she will always be love of my life. today's not going to change that. it is about equality,

the media industry for generations. they are really doing well. there is no reason to sell. they have strong management teams. there and i struck position. scarlet: the reason i started asking whether appled buy netflix or whether netflix wants to be bought out is because there are deals going on in the media state street disney and fox. julie: here are the numbers. $8.33 million.-- coming in line with estimates. it looks like netflix is continuing its a performance. what else is -- it's outperformance. what else is standing on the numbers? ways the it is als next earning editions. it has been at salsa discussion forecast in 13 out of the past 16 quarters. does it always lowball with estimates? paul: a little bit. the fact is it is hard to predict some of these international markets and how the growth will come in. it is not an earnings momentum stock. it is a subscriber momentum stock. you talked about international, streaming. we talked to lucas shaw earlier he said that was a question. 6.3 million people. big gains in international subscribers. even in the u.s., an additional 1.9 8 million. the estimate was -- 1.9 8 million. million.- 1.98 scarlet: it seems the price hike did not have

the world's computing microchips apples is that all iphones ipads imacs. are vulnerable to the hardware flaws in as specter and melts down. tech industry is reason to release patches to protect customers scattered yet reports. bad news for mac users apple has confirmed that all of its devices accepted smart watch are affected by hardware flaws and microchips made by intel and our if you have an iphone or ipad or mac or even an apple tv the runs tv are. then you need to think about how you can of events. the. hackers out after stating sensitive data. in a statement the company said so far there are no known instances of hackers taking advantage of the fla. apple has promised to release a patch for the safari web browser to combat specter in the coming days. it's as updates to the latest operating systems protect against meltdown. cybersecurity experts say now that the flight has been exposed the race is on between tech companies and hackers you know everyone in the world is racing either to fix it. or finind out a y to take advantage of it so it is definitely a race between attacker and defender in. in those races it's usually the a attacker that

the stuff. it is an interesting and horrible problem. emily: horrible, indeed. we had an interesting week. you, amazon and facebook with earnings reports. abigail: apple, there are reasons to think the stock could have a bearish break on that march outlook. i wanted to point out twitter had its best day of the year, up more than 9%. on another round of takeover speculation, lots talking about about salesforce.com buying twitter. i wanted to point out bloomberg news is saying twitter, the volume, is that a three-month high. that may suggest m&a monday, there could be deal activity. whether or not that happens is speculative. but we are pointing out twitter up more than 9% on the day, its best day of the year. its first update in nine days, too. bullish action on twitter. emily: is that just chatter or something more? we will talk about that later in the show. thank you both. a story we are watching, a company preparing for its u.s. debut. seeking a bankroll, logistics buildup, and may set up a facility in a late -- in l.a. they will send -- they will sell 10% of its logistics arm. coming up, infiltrating and earnings that beat estimates and an up to the -- an upbeat fore

the apple watch to detect irregular heart rhythms that could lead to stroke. it's not just apple. other big companies like alphabet, amazon and facebooke to remake the health care industry. a few reasonsech is moving into the space. one, it $3 trillion industry in the united states. two, it is ready for innovation and disruption. and three, these companies know consumers and have the scale, data and reach to deliver. in recent years their involvement in the health care industry has surged. according to cb insights participatio in health care equity deals by the ten largest u.s. tech companies has increased ten-fold in the last five years to nearly $3 billion last year. some of those deals include amazon's participation in a financing roun guardrai. apple acquired bedit and alphabet bought a health monitoring start-up. their efforts are bigger than just those deals. alphabet has been expanding its unit dedicated to life sciences. apple has health kit while amazon is quietly moving in for the moment and facebook is making it easier for pharma to advertise. healt executives themselves are thinking about disruption and innovation in terms of technology. biogen ceo says the biotech industr

. >>> the reason there is a good chance apple could buy netflix and what that to mean for apple users >>> we're talking snow or the lack thereof. 9% of the yearly average. not a big deal, that means you have plenty of months to make it up. 27% of today's average, yeah, that gives you an idea just how dry the winter has been so far. a lot of cloud cover across the state today, 70s and 80s in so cal, 60s for the rest of us, 50s in the mountains. that's not exactly what you want this time of the year. here is a quick look at my seven-day forecast. things do change for tahoe. showers late tomorrow night, light wintry showers thursday and friday and light snow for saturday and sunday. not a lot, but we will take what we can get. i will be back in just about seven minutes with a look at our next storm hour by hour. here is reggie with more news. >>> happening today, the man accused of making a prank call that led to an innocent man's death in cast could make his first court appearance. police say 25-year-old tyler barris called 911, describing a hostage situation at a home in wichita on thu

the reasons interest rates are on the rise. to plan 70% on the treasury. that is the benchmark which have now risen above 4% on a 30 year fixed. another reason for my big tech reports, thursday, apple, amazon built into the stock do not disappoint. two political items. not likely to have much impact on your money. the immigration debate of today. the opening bid, build a wall, and chain migration. in return, 120 million dreamers get a path to citizenship in the state of the union message tomorrow night. the question, will president trump be conciliatory or combated? all the people will be watching to find out. it will be entertaining guaranteed. as usual, huge show for you today. the fall of steve wynn and the ridiculously political. "varney & company" is about to begin. ♪ >> he had a long-time fear of being poisoned. one reason he liked to even make donald. no one knew he was coming and the food was made. >> you can hear the judge laughing with the absurdities bear. hillary clinton reading from a weird book has president trump gets ready to the state of the union message. a pretaped segment. much more on the content field political grammys. merger monday and then some. dr. pepper

the reason i'm not that worryie about it and the reason i'm till holding a large position in apple is is because whatever you think about the reach of the arch selling price of the iphone 10, those selling prices are not going down what is happening is that consumers are taking longer to get used to but they're taking a four digit price on their iphones, but they're getting used to it they're selling. >> i don't see that. i don't agree with it. >> you think the prices are going down >> i think they're being accepted >> he said the average sell iin price, he's raising. >> six week, guess what, my daughter got hers in a week. they've got two shipments. they said you looking for an iphone ten i think they're a company in transition 6% revenue growth last year. looking for a big uptick this year they need new management 345 per speaker. the leader in technology >> you're getting new management at apple >> do you own the stock? >> yes buy more then. >> apple is an 850 billion market i brought my own after it's done, i'm going to still drink dvp. you know what's interest sg that for prior y

the reason the market went up so much, it was surprised how much money apple is bringing back. $250 billion. a 50% increase in head count in this country. that's huge. i'm surprised. it's shockingly optimistic and we hope there's more to come. >> wall street economists note that the reasons we agree 1.5% under obama is because it was over regulation of major sectors of the u.s. economy. we're talking the internet, banking, energy and so forth. healthcare. so ben bernanke in 2002, charles, said this could happen. a money finance helicopter drop after a tax cut. he said that after japan. we saw that he said it 16 years ago. we knew this could work. now it's here to be working. >> that's right. we had regulations on dust particles. we went too far. thank you all very, very much. those obsessed with a certain s word in d.c. got another one for you. shut, as in shut-down. where is the focus on avoiding that? you can't predict the market, but through good times and bad at t. rowe price we've helped our investors stay confident for over 80 years. call us or your advisor. t. rowe price. invest with

wow, let's attack apple i'm trying to think some things -- >> by the same token and we can see it already changed we celebrated for so long, the amazons and apples, for obvious reasonsey are incredible success being the main one this is only growing in momentum would be my sense. >> they've become countries too some degree within our own country. when you see apple and everyone has one, you're tempted to say wait a second there's something that could be wrong with this device that everybody uses it's a national treasure but let's take it apart. during yesterday while i was being attack the by some guy on -- >> halftime. >> i don't know his name, some lawyer, saying i hadn't read a letter which i memorized they don't realize how quickly you can disable it for people. how do you shut it off there's a 911 factor, we don't want you to shut it off. it's kinds of like what are the big problems in national security there's china and north korea and tim cook >> what was that fellow's name, all over me? >> charlie penner from jana. he was somewhat rude to scott yesterday. >> somewhat? >> i took an ill-advised strat zbi. >> we're on tv every day. >> he's new to the game. he c

the future i think we're starting with apple. yes, we are. we were talking about all the different reasons, repatriation, everybody else july $20.10 calls bought today, 5,000 of those, between 2.70 and $2.97 is what they were paying, pretty big buying in apple i actually added this, i bought these calls, i already own the stock. i owned the stock forever, it seems like i'll continue to hold it these options, i'm going to be in these all the way through july i think this thing is actually going to continue to move to the upside i got one more for you >> i don't remember either of you ever going that long, a holding period of six months where these options are dated. >> every once in a while we'll get something out three, four, five, six months i would prefer closer because you're paying for that time premium, scott but they went to july, i went to july so i'll hold onto these quite a while and give this time to move to the upside, maybe even get through that areas lowe's is the other one. just a little over a week ago, that stock was trading under 95 at the time. took a huge run up today th

the stuff. it is an interesting and horrible problem. emily: horrible, indeed. abigail, we have a busy week ahead. amazon and facebook with earnings reports. what do you have your eyes on? abigail: apple, there are reasonso think the stock could have a bearish break on that march outlook. i wanted to point out twitter had its best day of the year, up more than 9%. on another round of takeover speculation, lots talking about salesforce.com buying twitter. bloomberg lp does have a breaking news network on twitter, tick, just wanted to throw that in there. i wanted to point out bloomberg news is saying twitter, the volume, is at a three-month high. that may suggest m&a monday, maybe there will be some sort of deal activity. whether or not that happens is speculative. outcertainly worth pointing with twitter up more than 9% on the day, its best day of the year. its first update in nine days, too. bullish action on twitter. emily: is that just chatter or something more? we will talk about that later in the show. abigail doolittle, our stocks reporter in new york, cory johnson, our editor at large rate here, thank you so much. a story we are watching, a company preparing for its u.s. debut. seeking a bankroll

the most subscribers in a quarter ever -- 2 million more than expected despite price increases and more competition. >> a big reason for the growth was original content. don't get too attached to that iphone x. appletching the device. >> the phones are reportedly being discontinued when apple introduces its new lineup in the fall. word is the x will be replaced by two new edgeless devices with even larger displays. >>> and microsoft is making a fresh push to keep windows in the classroom. revealing new windows x laptops that will cost under $200. >> microsoft is reportedly partnering with some broadcasters to bring more reality and video you could generate your own energy, at home. or to save energy, unplug unused appliances. do your thing, with energy upgrade california. it's just my eczema again,t. but it's fine. yeah, it's fine. you ok? eczema. it's fine. hey! hi! aren't you hot? eczema again? it's fine. i saw something the other day. eczema exposed. your eczema could be something called atopic dermatitis, which can be caused by inflammation under your skin. maybe you should ask your doctor? go to eczemaexposed.com to learn more. >>> good morning to you. waking up to a lot of moisture at the su

the reasons for the rebound? it seemed toly change the sent to meant -- sentiment. apple has a lot of stores on sure.t does not hold just treasuries. it holds a lot of corporate securities. both treasury yields picked up and the dollar rallied. i do not know if there is a necessity for the dollar to react apart from the sentiment shift. belief that a lot of these assets are in u.s. dollars. it may not result in a conversion into the actual u.s. dollar. it has changed the sentiment on -- and helped people have sympathy for the dollar. bottomedr might have out yesterday. and ihe treasury market, am not just talking about apple, i am talking about a bunch of companies to you they are holding these offshore assets. mainly in dollars but mainly in treasuries as well. couldanother element that get the treasury market moving on the downside. it is another tailwind that could be pushing things lower. what people were trading off yesterday. that will not be the case over the longer-term. it might help the yields spike at -- up. apple is a great case in point. i'm am sure it is corporate debt holdings bluffing

graces ofism phone owners the company recently came under fire after users noticed their phones were slowing down and then apple says, yeah, we're doing it not for the reasonse slow them down. apple trying to make up its customers by discounting battery replacements for the next 12 months it will swap out batteries and customers phones with the iphone six or a later model for just 29 bucks. make an appointment to the genius bar somebody help me remember that. fifty dollars cheaper than normal. so if you need a new battery right now it's time to get it. finally the last jedi had its share of critics including wisdom but it hell's the last laugh. the latest star wars movie has just been out for three weeks and it's already earned a billion dollars worldwide. that makes it the third largest film of -- biggest film of 2017 and get this it hasn't even opened in china yet. just in the united states the number one movie based on the box office. beating out beast. >> that's easy to see why. they used jedi mind trick and tricked everybody to going into the movies. >> that's definitely what happens. >> because it was trash. trash. >> can i just say i'm super excited

so the right thing for apple to , clearly the right thing. this is probably 80% -- 80% of is reasonng this because it is good for apple, 20% because it is for political reasons. scarlet: what are they going to use that money on? they said they will spend it on ex, but are they talking about factories? what can they produce in the u.s. that they cannot produce elsewhere? gene: one of the things that apple prides himself on is customer service. if you were called apple customer service in the u.s., you are supported by someone who is based in the u.s.. if you think about this investment, at least the early stuff they are talking about is probably going to be not as exciting as it sounds. it is like an office park where they are doing technical support . it could be everything from doing customer calls to coding and basically fixing software patches, things like that. that is probably stage one of this. down the road, they have talked about doing things in the state of wisconsin, so there could be other manufacturing related news. but the substance today is more around the technical su

coming up on "today in the bay," apple announcing the discounted replacement batteries for older iphones. they are in stock, but not everybody is going to be able to get one. the reason some customers will be left out. >>> researchers revealing the action to get teens to quit smoking. good morning, i )m kate rogers live at cnbc global headquarters. here are today )s top busines >>> good morning, i'm kate rogers, live at cnbc global headquarters. here are today's top business headlines. wall street could have mixed opens. stocks fell on friday with the worst day in six weeks. overall, 2017 was a great year for the market. the dow, nasdaq and s&p 500 had their best performance since 2013. friday, the dow fell to 24, 719. nasdaq lost to 46093. last week, apple said the replacement batteries which have been discounted to $29 would be ready late january. the holiday season is a typical time for retailers to flood the airways with ads. one company was noticeably absent. sears holdings. the parent of sears and kmart hasn't run ads this year. now, the company's ceo has always been a champion of digital marketing, but some executives think the strategy is hurting the business

it isn't the only story that is breaking tonight, a lot of that reason apple announced they'll bring llion from overseas tax havens, paying a $38 billion repatriation tax, the larkest payment of this kind, the rest -- largest. the rest going to a new apple campus to be built in the united states and 20,000 new jobs. president trump tweeting, promised that my policy wos allow companies to bring massive money back to the united states, great to see apple doing this because of the tax cuts. more here, chris, politics eldtor, katie townhall.com, and fox news distributor, and juan williams, fox news political analyst. this is a big deal. >> oh, yeah, this is why barack obama wanted a corporate tax cut. why for years people have wanted these corporate tax cuts, you get the money, you hope to get the money back onshoesh. this is the first first proof positive, not the first but the best that that thesis was correct. >> martha: not just a tax cut. we have a quote from the "new york times" back when president owe bomb bom a was meeting with steve jobs and practically begging them. what do we n

the break room of the apple store. they were ordered back into that area for security reasons. he said that s.w.a.t. was going door-to-door to each store asking people to take shelter. is that what you saw as you were arriving there or did you arrive on the tail end of that? >> i don't know when that was happening. i arrived and saw what i just described, but it seemed that the other end of the mall is more normally populated, so, of course, i decided to get out and go to the other end of the mall. it was at that time that i passed several security people who said that i should leave. because there was a security issue and the entire village mall was under lockdown. >> okay. we are glad that you made it out safely. we are still trying to get more information from law enforcement out there. so make sure you follow us on social media so that you know what's happening there. we're also trying to reach folks that are also in there. we'll have more on that at nbcbayarea.com. linda, thank you for taking the time to give us a call. >> thank you. >>> right now, we want to turn it to our microclimate weather

the children's health insurance extension. >> bret: mike emanuel, thanks. apple is citing the new tax loss is one of the reasons behind its decision to commit another $350 billion to the u.s. economy over the next five years. that includes a new corporate campus, the hiring of 20,000 workers, and the repatriation of $250 billion in offshore cash. the markets liked that. stocks surged again with record highs across the board. the dow jumping 323, the seventh record close of 2018. s&p 500 gained 25. nasdaq up 75, both breaking records for that nine times this year. former white house chief strategist steve bennett has agreed to talk to the special counsel of the russian investigation. that's big news after dannon's refusal to answer questions from the hospital yesterday. chief intelligence correspondent catherine herridge is here. >> the agreement allows banning to avoid the grand jury and take questions from prosecutors, the president's former chief strategist is expected on capitol hill for a second day of testimony after the administer ration told him not to answer questions about the transition or his time at

the foreshadowing. >> before we get to who's buying apple, steve, if apple goes down, continues to go down, will it drag all of tech down with it >> i don't think so. i think the reason why you see those hockey sticks and that was going to be my question, is it a zero sum game? who do you think has benefited the most out of apple's weakness because when guys trade this they trade them as groups. >> anybody here buying apple today? >> no. i'd buy it exactly like carter said. it drops 3%. i do think you buy this for a tra trade. >> much more ahead including steve wynn under fire after shocking allegations of sexual assault are hitting him and his investors. a special report on wynn next. >>> plus while you were watching bitcoin get cut in half, you might've been missing out on some other major crypto moves. we'll tell you which coins have been tearing it up and which ones our own bk is buying. >>> steve grasso has one name that's up 50% in the last year that he says is about to breakout. hopefully he'll break out the razor the next time he comes on the show. directv has been rated number one in customer satisfaction over cable for 17 years running. but some people stil

the. >> plenty of upside. >> really. >> we reason is begun to scratch the surface of the next company. we her about apple today, and boy did that get everybody excited. not just for apple but the stock market began to feed of to of that boeing the last couple of days yesterday was the highest volume trading day in options in the last couple of years i mean it was huge again today. 23 million options trading yesterday, 30 million. so far on the year we are averaging almost 22.5 million per day. so the volume is there you get a 300-plus movement yesterday. that's why the vix is as high as it is. we had a 300 plus movement again in the dow we have a vix that actually is measuring what the movement is finally and that's the kind of moves we are getting in the market >> you are in the ecstasy camp. >> i am in ecstasy. >> boeing is up 19% on the year. >> how is their cash flow? >> dude, come on listen, okay it's dragging the dow up right now this is absolute insanity. to be here saying we are in the fourth inning of this thing i am not telling you you are wrong. >> feels like you are. >> imi'm saying we can't

apple had hoped it would do. >> kara, i realize there's a lot of focus here on the iphone 10 and for good reason, especially when look at the hefty price point. if people are opting to buy eights instead of ten's, shouldn't the focus be on margins? >> yeah, i think apple had very strong products this year. the question is which direction they're going in a the love the accessories have been very popular, the watches as we talked about before are not as popular i think the focus is this need for apple to keep innovating and introduce new concepts and new things i think with the price point, now they've done this before by removing things from laptops and things like that they thought people wouldn't get used to and people do get used to. i mean i think it's the shift in the design of the phone which is probably got a lot of people focused really heavily on this particular phone and whether people are going to shift over from their old paradigm to the new one. with apple, they usually do. they usually do because people follow apple products. and so we'll see >> speaking of apple products, kara, of course the home

the s&p 500 estimates in blue, to have been going up. a main reason we are seeing a lot of analysts raise these estimates is because of this tax benefit. apple the latest example of companies giving us details on what they are doing in reaction to the tax overhaul. shery: we want to bring you more on that breaking apple news. seeing $38 is billion. go to mark who is in san francisco. mark, we know that apple has the most cash overseas -- how big is this announcement? how significant is this for the company? ahead of theming q1 earnings on february 1. were initially hearing -- they're putting out a press release talking about the three main cornerstones. after this 38 billion dollar repatriation -- it is significant toafter apple inves. they're promising to put back during a $50 billion to the u.s. economy over the next half decade, which is obviously a significant amount of money. what you see is the are browsing out that tax rate with what they're going to do. this tax benefit for apple is pushing them to do more for the u.s. economy than perhaps they would have done before this tax break marketplace. none of us with the turn of our nose to

cents of earnings upside so there is nothing in the numbers because apple haebts announced anything but that is how the math would work out. >> back to the reasonou are here, which is the iphone. you said -- iphone sales are good but not great okay fair enough but why does that lead you to a downgrade. you are not negative on the stock either like maybe the money has been made >> i think that is the excellent point, the money has been made we upgraded the stock a year and a half ago at $95 and an excellent run. i think expect aces need to come down with double-digit growth and based on our analysis high to middle single-digit for 2018 and it is still 50% of apple sales and with expectations to come down from that product, i think the stock settles out until the negative news flushes out of the system. >> does attery-gate, is that elongating this cycle. so it compresses the upswing that we might already have seen or might have otherwise seen if there were no ability or less ability to upgrade the battery on the six. >> it may. it probably adds on to the issue of a lack of excitement around the iphone 8 because the form factor looks similar to th

the reason why women are under -- underrepresented in the world of tech. later google said they look forward to defending against his lawsuit in court. >>> to major apple investorsaising red flags over the iphone use of children. they said the technology jot needs to do more to address the growing health crisis. more psychologists are doing a study on the link between the phone use of teenagers and suicide and other things. now a letter has been written to apple asking for changes. together, they control about $2 million of the shares of apple. they want apple to develop new software tools that will help parents control the phone use of children. they also want apple to fund research on phone overuse. they are also calling on a study on the impact of overuse on mental health.>>> one of the nation's busiest airports was trying to get back to normal after a massive winter storm.>> but things went from bad to worse. the weekend problem that stranded pastors and a lot of luggage at jfk airport. >>> it happened again. a law-enforcement helicopter that was targeted by laser and what we are doing to keep those helicopters and the skies. >>> rainfall is falling in the b

these were the stand out of solid earning results and big tech played a big role. apple, netflix and amazon all hit record highs. there are reasons for optimist. one is strong consumer spending. if you look to december retail sales including restaurants that, number rose in december for the 4th straight month. 2017 was the strongest year in 3. shares at target were stand outs for the week. auto sales not includeed in that data. but fiat and chrysler a 52 week high. the car company will invest $1 billion in a michigan plant. pay its nonsenior employees $2,000 worth of bonuses. these reflect the company's on-going commitment to manufacturing in the u.s. they will hire 2500 american based jobs. the company is in good company, 1 of 10 major corporations that announced employee cash bonuses as a result of tax reform. i only counted the companies that gave cash bonuses. already paid to american workers so far. 3.5-billion dollars. another reason for optimism. >> bret: wow. thank you. up next, how do you feel about merit based immigration. we will look at it. what some of our fox affiliates are covering around the country. fox news in l

the time that their kid are spending on their smartphones. what apple is doing after investors stepped in. >>> plus, a fight over the remains of charles manson. the reason one friend says he wants the remains of the notorious killer. you could save energy by weaving your own shoes... out of flax. or simply adjust your thermostat. do your thing, with energy upgrade california. taking a look at the radar. we've seen changes in the past few hours with the rain slightly moving out of the bay area, looks like it's settling over the fresno area. a supersoaker around this area here. >> another dream day on the market. not in terms of rain, but certainly in terms of gains. the dow is up 145 points as we spoke. >>> well, apple investors apparently will put their money where their mouths are. they're urging the tech giant to help deal with kids who are becoming increasingly addicted, as we well know as moms, to those gathers. >> investors, including the california's teachers' fund is asking apple for help with dealing with that screen addiction. they say they have seen attention spans plummet, depression rates rise and a big change in the way that kids are learni

in that case, the only reason dell was making quarterly numbers was because of payments from intel, and they were a significant part of dell's financial picture. app emis t applethe wealthiest company in the world, known to have multiple suppliers no way if it made the product better, they wouldn't go with that supplier. app emgot apple got in trouble for using intel chips and not telling the consumer this is a little deeper. >> don't you think it speaks to broader regulatory landscape and the fact that regulatory heat is ratcheting up, maybe more so in the u.s., very much so in europe which is something we have been seeing and talking about for months now. >> it absolutely does. but also speaks to the reason why investors have to be able to peel beneath the surface i don't think this story is quite what it seems. it is very different from the intel, dell dynamic. by the way, dell was the one in major trouble, the one that took the payments in this case, the heat is on qualcomm why is that? >> it is weird jason, is this instructive or not? sign of european overreach or something bigger >> yeah, eu is the finer filter on american companies. seen that with googl

and drum by women drivers the apple for some extra features like a panic button and twenty four seven monitoring of drivers. on counting the cost of a look at the economic reasons behind the rest in the middle east's second largest economy plus new year new walls for european finance but that's not all well i asked the chief global economist at u.b.s. what's his dangerous idea counting the cost at this time on al jazeera new yorkers are very receptive to al-jazeera because it is such an international city they are very interested in that global perspective that al jazeera provides. for the poor life in one of asia's biggest cities can be a grave situation. in the philippines they are finding a home in the most unlikely of places public cemeteries and this is ways they put your grandsons on top of the term yes. is there a mattress on top of it or. i have my. you know like a farm that you put on top you have to get worried about sleeping on top of that and. many residents in the capital manila are choosing to live in graveyards to escape the densely populated dangerous slums. full stop. if i have a choice now but no one seemed to know he's. going. but i once let

the only reason i don't like apple, it's a little overowned here.here and there, we see spotify coming out with an ipo which i do like in a couple months, by the way. i think apple's one of those big names i would avoid here. stuart: the other one, i want to concentrate on amazon. $1330 a share. you like it, you would buy it at that price? >> i would. and i saw you talking with berth flickinger, i think it was, earlier on the show around nine a.m. eastern about amazon getting investigated for the antitrust, doj stuff. here's the problem with that, i feel like amazon just in their earnings growth alone and the fact that they're such a big part of our lives, amazon prime is the gateway drug to internet spending, and that's why they're really good. i'll tell you why i don't believe the antitrust deal. if you look at history, it's companies that take advantage in, say, price pressure consumers which is not happening. amazon is bringing down prices, and they're making things so much easier for the consumer to buy which is not antitrust as we've seen in t