u.s. engineering firm not to do so proposals would see most of the cuts made at g.e. is power equipment business for in the east of the country earlier this year g.e. was fined by the government in france for failing to meet a promise to create a 1000 jobs after required the french firm al storms power business in 2015. let's go over to new york now and talk to our financial correspondent jose luis de haro who's a g.e. has been struggling lately in europe what's going on there well general electric is still struggling with power would be she knew we'd lost nearly 1000000000 dollars last year were we to make. systems for gas and coal fired power plants for actually 71 percent launch in the 1st quarter profit do you older as a business area has seen its margin levels dropped and for said to turn around the business are taking way longer than many had expected and potentially lucrative chinese market it's not giving ged opportunities for growth that the company has expected to see something that could explain the d.s. is china's a rising determination to replays imports

toward the end, we were losing some momentum in the u.s. engine -- session. let's have a look at the gmm function, show you where we have been in the asian session. csi 300 down. we have had these comments from the government friendly chinese media, sources that have suggested that they are not interested in talks at this point. china down. hong kong down. u.s. equity markets were pretty resilient. the earnings story and some of the data coming out -- out of the u.s. giving some hope during the session. bear in mind that u.s. futures to point a little bit lower. a foggy end to a topsy-turvy week. so said one of my colleagues. let's move to the other part of the gmm and show you what is going on and commodities. i want to focus on the iron or price in particular. 3% on theby nearly singapore contract for iron ore. that is concern about global trade, but that does not seem to be stopping the iron ore price. we have record levels of production coming out of chinese mills. there have been supply concerns in australia and the brazilian producing areas. we will kee

u.s. army core of engineers.er the course of days, they have slowly had to increase the amount of water releaseed from the tulsa area dam to near historic levels to keep up with the high water. >> keystone dam has a release rate of approximately 250,000 cubic feet per second. if you do the math, it equates to approximately 1,000 school buses b buses per second. >> reporter: more than 1,000 residents have been impacted by flooding, so far. >> please, please, pay attention. the weather can be fickle, as can the river. obviously, we are watching the levy's closely. >> reporter: advice that applies across the state. the governor declaring a state of emergency for all 77 counties in oklahoma. north of oklahoma city, these homes are barely hanging on after the flooding eroded the ground beneath them. in tulsa, this neighborhood is very much part of the river. >> i walked to the end of the street. everything was under water. i wasn't going to go wading through. i didn't know what i might step on. >> reporter: the risks

engineers worked to repair a dirt levee protecting the town's business district. 150 homes have been damaged. flooding receded thanks to the u.srmy corps of engineer, reducing flow from the keystone dam nearby. >>> dennis muilenburg apologized to the families involved in the two crashes that killed 346 people and the worldwide grounding of all 737 max jets. in an interview with cbs, muilenburg said this. >> we clearly fell short, and the implementation of this angle of attack alert was a mistake. we did not implement it properly. we're confident in the fundamental safety of the airplane. >> you put your family on a 737 max. >> without any hesitation, absolutely. >> during the conference wednesday, muilenburg said the max crisis has become a defining moment for the company, adding it is focussed on getting the jet back in the air. muilenburg said he will work with airlines for the compensation in grounding. the federal aviation administration reviewing a software fix boeing has completed for the aircraft. muilenburg did not comment on the overall cost to the company. >> better late than never, i guess. >> still a long way to go

springs, oklahoma, engineers worked to repair a dirt levee, protecting the town's business district. 150 homes there have been destroyed. flooding has recently receded thanks to u.sneers reducing flows from the keystone dam nearby. >>> you've heard about uber drivers behaving badly. what about this one next to me here. some passengers are no better. you could be banned for life from uber. if you have a garden you know, weeds are lowdown little scoundrels. don't stoop to their level. draw the line with the roundup sure shot wand. it extends with a protective shield and targets weeds more precisely. it lets you kill what's bad right down to the root while guarding the good. roundup sure shot wand. got bugs too? roundup for lawns bug destroyer kills and prevents them, even grubs. roundup brand. trusted for over 40 years. [mus♪ i've got so muchut): lack of love to give ♪for love] ♪ i've got so much more to give, baby ♪ to start your retirement plan, find an advisor at massmutual.com [sfx: mnemonic] you don't see psoriasis. you see clear skin. you see me. but if you saw me before cosentyx... ♪ i was covered. it was awful. but i didn't give up. i kept fighting. i got c

to the japanese plane that we just all, this is a much larger aircraft, the largest single engine aircraft the u.s. had in its fleet. you had the pilot, the tailgunner, and a radioman on the crew. as you can see below it can , carry one torpedo or multiple 200 or 500 pound bombs. this is a torpedo bomber, so it could drop torpedoes or bomb from heights up to 30,000 feet. a unique feature of the plane was the fact the wings could fold up allowing for more to be , carried on top of the aircraft carrier. seede of the wings, you can where the wheels would tuck up into the wings with a hydraulic lift. we are in the victory exhibit of george h. w. bush gallery. behind me is probably my favorite artifact that we have on display, the p.o.w. flag. individuals were ordered to destroy the flag. they took the stars off the american flag and hid them on their person. they spent the next 42 months as pows on ships, in factories, and in p.o.w. camps. if the stars had been found, that would have been an automatic death sentence for any three or all three individuals. one morning they woke up the left the p.o.w. c

u.s. army corps of engineers filling thousands of sandbags monday to help people prepare for rising water >> you can't stop the water when it decides to come in. all you can do is try to redirect it. >> reporter: and in tulsa the river is rising. the oklahoma national guard is keeping watch over the aging levee. officials opening the keystone dam to release water, but that adds to the concerns of people who live south of tulsa, including residents in arkansas. authorities advising those that live near the rivers and levees to be prepared to evacuate at a moment's notice. >> it is nerve racking but we are praying and keeping a close eye on it. we are ready to go if we have to. >> reporter: this area of the arkansas river is can't expected to continue rising through wednesday afternoon and remain at historic bogan, fox >>> 4:17 is the time right now. let's check in with allie rasmus in for sal on traffic. it is a back to work day. a lot of people had yesterday off. >> yes. we expect later on this morning the commute may get a little busier but so far so good. if you are coming from the sout

u.s. plane maker says it's engineers found the system was not working correctly but did not affect safety it said neither management no authority is were informed all seven three seven months planes have been grounded around the world boeing is working on a software out that it hopes will get the top selling jet back into the air soon. going to india which is emerging as one ages premier's start up ecosystems the indian government is aiming for a total of ten thousand start ups to be five founded by next year and is cutting red tape and offering tax breaks to help them along it's all part of a government action plan for startups and so far it seems to be working business is booming in the first quarter of this year alone investors poured some three point four billion u.s. dollars into indian startups numbers like that face the country among the biggest generators of technology startups in the world over the past few years and there's no sign of it slowing down that first first quarter investment volume is almost forty percent more than the same period just a year earlier. but almost half

u.s. export engines.hey are seeking to choke off beijing's access to key technologies by limiting the sale of components to huawei, but the president says if both countries reach a deal, the chinese tech company can be part of the agreement. president trump: it is something very dangerous, you look at what they have done from a security standpoint or military standpoint, it is possible they could be involved if we make a deal. i could see huawei included in some form or part of a trade deal. anna: joining us now from hong chinesekaren lee, government reporter. what is the latest out of the u.s.? the shift in policy is interesting. instead of focusing on imports, they are focusing on what they are prepared to export. karen: this is an uptick in rhetoric from the president calling the chinese tech crown jewel dangerous, and we see a similar shift in rhetoric on the chinese side, anti-american rhetoric in its media. this is something we are told trump wanted to do before trade talks broke down earlier, and a

u.s. army corps of engineers is reducing the flow from the ke >>> 130 dogs and cat from the hardest hit areas of oklahomaow are n in our local shelters. ethe human society flew them to manassas last friday. to virginia and maryland shelters to help prepare for more displaced animals in oklahoma. dmany were move from tulsa. they will now have a chance to be adopted. >>> today in prince george's county, round two of the scripps national spelling bee preliminaries at national harbor. 565 spellers ranging from 15 to 17 will compete for the grand prize of $50,000. the finals are scheduled to begin thursday. always an intense competition. >>> still ahead on "news4 today," how an army tweet doesing about value of military service generated more than 10,000 responses. sodiers shared how the army has affected them and taken a toll on their families. >>> plus, working 4 your health, ow one local woman is making a difference to stop medical misinformation on line. >>> we're tracking a line of rain and tnderstorms here in the mountains of west virginia. it will be impacting the area during the morning co

u.s. army corps of engineers is concerned about a concrete spillway which dates back to 1941. they say that spillway may not be able to handle the water that could pour over the top during the deluge. they just changed the risk from moderate urgency to high. engineers are now working on plans to fix the spillway and alert people if a flood is coming. >>> after years of campaigning and movement to protect whales in the bay area appears to be gaining steam. four great whales have been killed by ships near san francisco so far this year. now, international shipping companies are agreeing to slow down the ships in an effort to protect the whales. so far 45% of incoming ships are signed on on. a sharp increase from the 17% campaign gathered in 2013. >>> missouri lawmakers passed one of the most restrictive abortion bills in the united states. it bans abortions at eight weeks of pregnancy and includes an exception for medical emergencies, but not for pregnancies caused by incest or rape. one republican lawmaker met with hisses during a highly charged debate on the bill he used the t

u.s.. >> we have an engineering center in dublin, but we are still in u.s.-based.e serve restaurants across the -- anwhether it is an s enterprise like a jumbo juice. we are all over the u.s. of a but it is still the early days. carol: putting going public aside, what about other partnerships? where else can you go or where else do you hope to go? >> we look at the entire restaurant value chain and we are trying to make their lives better. this week, we announced toast payroll and team management. a lot of operators are spending hours doing payroll every friday. if we can give them their fridays back and streamline payroll so that they can get ours back to spend more time with guests, that is what we are doing. we launch that this week which is an exciting new venture and we will continue to elevate -- innovate. carol: back-office, front office, whatever it is. >> whatever it is. lot out there, a a lot of competitors even in the boston area. there is something about the city and the restaurant space, there is a lot happening. how do you see the competition? is it f

u.s. army corps of engineers. >> if the mississippi river were to flow into the superdome, it would fill up superdome in matter of minutes. >> to live here is to live with water and to live with risk. >> reporter: mark davis is a liter policy expert at tulane wiversity. what does opening bonnie carre spillway mean to the rest of the country along the mississippi river? >> opening bonnie carre is keeps essentially the chemical corridor, the port of new orleans, all of the population centers here in business. >> reporter: bonnie carre was tenstructed after the great ofssissippi flood of 1927. om homas the most destructive let me show you what's happening right now. loe million gallons of water is flowing through the spillway every single second from the mississippi through here into lake pontchartrain and then into the gulf essentially just being rerouted around new orleans. john, an official told me a short time ago the fact that most americans don't know we are in the middle of a major flood fight here in south louisiana is a sign that this is working exactly as it should be. >> dickerson:

u.s. army corps of engineers have shored up the river bed with concrete. the shifting of the mississippi river is a practical logistic problem. suggest, in twain's capable hands, it is also a metaphor for the fickle of imagination and memory. we may think the course of civil war history us set and stable, that what twain seems to be suggesting is that our imaginations and memories, both individually and in our own lives, and collectively across the increasing number of postwar is eating away at the banks of the past and changing the course of what we choose to remember. this point, we might recall that the etymological root of theater, the word "yet are -- "theater" is "looking place." more important than the vantage points of imagination and memory. the vicksburg. chapter of life on the mississippi is devoted to vicksburg. seems to have been privately interested in the capacity of historical imagination by people who did not experience the war. the ginzaurg chapter with an image of the change in the course of the mississippi at vicksburg itself. please lo

the vast majority of our engines we make in the u.s. neil. these are mercury engines. you remember those, they are legendary. these are 400-horsepower engines and there are three of them back there, which means, i don't know what you could 100 miles an hour? >> we go 60. this boat will do 60 miles an hour. reporter: the success story the commerce department was willing to listen to you, say, what, your competitors from japan that are not subject to tariffs? >> they're not subject to tariffs. we're obviously a formidable player in the u.s. marine industry. we make the vast majority of our products in the u.s. we sell a lot of them in the u.s. it didn't make sense to apply tariffs to a u.s. company when most of the competition is japanese, exactly right. reporter: i should leave you with this, neil, brunswick is is all-in on marine, boats. >> exactly. reporter: before we get away. let's do this. can we crank it up? 400-horsepower, i want to show you what this feels like, so i will hold on. you got rid of the billiards and the bowling. >> a

a lot of it has been related to tax reforms in the u.s., financial engineering, and so forth. rging markets, you have true long-term stories about reforms, opening up the markets. are more tangible stories than what's going on in the u.s. it is indeed time to look into emerging markets. taylor: when we take a look at the long-term storage, some of the conversations we are having relate around trade. we had headlines from china saying they may not be quite sure a trade you will get done. president trump says he is hopeful they will make good progress. how much of a headwind is trade? how much can you factor that into your analysis? if there are positive developments, how big of a headwind does it remove? trade has definitely been a major issue for all investors. something that everyone is watching very closely. we don't know yet when there will be a deal, we know we are closer to the final round than the start. when you look into the markets themselves, except if you're looking into exporters, there has been less of an issue for domestic equity markets then you could expect. it

u.s. army corps of engineers. >> mississippi river were to flow into the superdome it would fill the superdomer three minutes. >> to live here is to live with water and to live with risk. >> reporter: mark davis is a water policy expert at tulane university. >> what does opening bonnie carre spillway mean to the rest of the country along the mississippi river? >> opening bonnie carre keeps essentially the chemical quarter, the port of new orleans, all of the population centers here in business. >> reporter: bonnie carre was constructed after the great mississippi flood of 1927. that was the most destructive river flood in u.s. history that forced nearly 700,000 people from their homes. >>> actress felicity huffman is the latest high-profile defendant to plead guilty in the college admissions bribery scandal. carter evans has the latest. >> reporter: actress felicity huffman left the federal courthouse in silence swarmed by shouting reporters. inside, the former "desperate housewives" star broke down as she admitted to the judge she paid $15,000 to have a proctor correct the answers on her daug

u.s. army corps of engineers, over the course of days, they have slowly had to increase the amount of waterlease from the tulsa area keystone dam to historic lefvel to keep up with the high water. >> keystone dam which has been the focus has a release rate of approximately 250,000 cubic feet per second. if you do the math, that equates to approximately a thousand school buses per second going through the dam. >> across the tulsa area, more than a thousand residents have been impacted by flooding so far. >> please, please pay attention because the weather can be fickle as can the river, and obviously we're watching the levees very closely. >> it's advice that applies across the state. the governor declaring a state of emergency for all 77 counties in oklahoma. just north of oklahoma city, these homes are barely hanging on after flooding eroded the ground beneath them. and in tulsa, this river side neighborhood is now very much part of the river. >> and walk to the end of the street, and everything is underwater and i couldn't -- i wasn't going to go wading through because i didn't know what

u.s. army corps of engineers and volunteers filling thousands of sandbags monday to help people prepare for rising water. >> i know you can't stop the water when it decides to come in. all you can do is try to redirect it. >>> in tulsa the arkansas river is spilling over its banks. the oklahoma national guard is keeping watch over the aging levee. e. officials have been opening the keystone dam to release some water but that adds to the concerns of people that live south of tulsa, including residents in arkansas. authorities advising those that live near the rivers and levees to be prepared to evacuate at a moment's notice. >> it is a little nerve racking but we pray and keep a close eye on it. we are ready to go >> reporter: while the flooding has had big impacts in oklahoma and arkansas, it should continue to have devastating impacts over the course of the weekend leading into next week when there could be a big impact as the army corps of engineer general told us $3.5 billion worth of goods comes from the port of the arkansas river every single year with raw construction materials and ag

engineers say an aging dam is at risk of flooding. the prodo dam is supposed to prevent the santa ana river from overflowing. disneyland. anaheim, the u.sarmy corps of engineers is concerned about the spillway. they say the spillway may not be able to handle the water that could pour over the top during a deluge. they just changed the risk from moderate urgency to high. they are now working on plans to fix the spillway and alert people if the flood is coming. >>> tonight's blue moon won't be just any blue moon it will be a more rare blue flower moon. now a flower moon is called that because it is full in may, when the flowers bloom, and it's called blue, not because of the color, but because of its number. this saturday will actually mark the third of four full moons this spring. this is rethfull moons in one month. >>> coming up, women taking over a bay area construction site. they are picking up power tools making sure that neighbors get a fair shot when it comes to hiring. >>> meet our pet of the week. find out how you can help to make reggae part of your family. >>> a bay area student is one of the winners of the intel science and e

u.s. army corps of engineers and volunteers were busy filling thousands of sandbags yesterday.e preparing for rising water. >> i know you can't stop the water, all you can do is try to redirect it. >> that is a little nerve- racking, but we just pray and keep a close eye on it and they are just ready to go. >> the arkansas river is already rising and filling over its banks, the oklahoma national guard is keeping watch over the levy. the water is expected to keep rising through tomorrow. >>> the heavenly ski resort in tahoe wrapped up an incredible season, but if you still want to get in a few more runs while the season is still going, you can go to the north shore. 12 valley resorts will stay open on fridays, saturdays, and sundays through the fourth of july weekend. and further south, mammoth mountain also pushing back its closing date, it'll stay open until august. >> incredible. on a tuesday, this feels a lot like monday. >> yes, and it has been like that for the last hour or so, we have been following a series of crashes and collisions that we want to warn you about. let's

u.s. army corps of engineers and army personnel filling thousands of sandbags trying to help people stop the water. >> you can't stop the water from coming in. all you can do is redirect it >> reporter: and in tulsa, the oklahoma national guard keeping watch over the aging levee there >> you can see the current pushing the bridge. >> reporter: officials opening the keystone dam to release water, but that adds to the concerns of people that live tulsa, including residents i arkansas. authorities advising those that live near rivers and levees to be prepared to evacuate at a moment's notice. >> it is a little nerve racking but we are praying and keeping a close eye on it >> reporter: this area of the arkansas river is expected to continue rising through wednesday afternoon and remain at those historic levels through saturday. in portsmouth, arkansas, ray bogan, ktvu fox 2 news. >> thank you, ray. >>> 5:17 is the time. let's check in with allie. what are you keeping an eye on? >> we are learning about a crash on highway 4 that will impact traffic. this is the first day back for many folks headi

u.s. army corps of engineers had been doing controlled releases of water in various places, trying to takeome of the pressure off those levees, some of the pressure off of those dams so they could hold and hopefully not send water where it shouldn't be going. it is tough so much of it here and nowhere really for it to go. >> dana: we thank you and dean for that great work out there in the field. thank you. trump administration announcing it will lift a summertime ban on the use of e-15 a gasoline blend made of 15% ethanol. it is meant to help soybean farmers but could affect your car in the meantime. ethanol is compatible but misuse could lead to avoided warranty. also more vehicles from 2014 that are older do not even take e15. you have to be sure to check your manual. all eyes on the hawkeye state as iowa makes major changes to get ready for 2020. going to be a blockbuster. plus an awkward interview, certainly not an awkward, on the breakfast club. elizabeth warren grilled again on her ancestry claims. >> how long did you lie? you said you were a native american when you were at harvard.

u.s. to become software engineers. they are also taught other skills for their new life like w to fit into a mexican workplace. >> we're definitely in a different culture than the u.s. >> reporter: they receive a weekly stipend and are onlyqu ed to pay for the program when they get a job. marcela views her program as solving e returnee's paradox: born in mexico, raised in the u.s., but at home in neither. >> you know, the american dream, like, they grew up with all these cultural messages. but they've also been denied to them. consistently. on both sides of theorder. >> reporter: she said that without programs like hers, this entire generation could fall retween the cracks. >> weeing generation 1.5 which is born in mexico, raised in the u.s., return to mexico. and the amount of people that are coming back, it's also very large. to an extent that if mexico doesn't do anything about this, 's going to be an entir generation that gets lost. >> reporter: even without mexico's help, generation 1.5 is forging their own path he

u.s. carpy corp of engineers put it the sun can be deceptive.ey put it there are many tributaries and rivers that feed into the arkansas river behind me here just up stream of tulsa, oklahoma. whatever factors or rain may be happening creates a literal ripple effect that continues to play out here in tulsa. >>> there are nearly 400 river gauges that are now above flood t stage, and the system is also triggering tornado and hail. in fact, forecasters say there have been now more tornados reported for the ninth straight day. cnn meteorologist allison chinchar is tracking the latest for us. >> that number may end upcoming up in the next couple of days as well more severe weather expected. but in the last 24 hours 11 of them have been reported tornados. the question becomes what does that mean for the month of may. typically you would average on 268 tornados. keep in mind may is the peak month for this, but so far this way we've had a preliminary number of 327. so we are already above average. keep in mind, we still have more severe weather expected

u.s. as temporary reprieve saying it doesn't need their help its founder says it's developed enough of its own components to maintain its dominance in the smartphone and 5 g. markets niemi take krishi engine inequalities 5 g. plan will not be affected by the u.s. bans our competitors will be able to catch up with our 5 g. technologies for 2 or 3 years. and the chinese government has also come to the defense of one of its biggest international brands. move on to the united states has resorted to the use of national means to suppress foreign companies and interfere with market behavior frankly speaking it would not conform with the interests of the u.s. itself in the end or without like the church ministry or. monday's announcement that google would be banning while way from some future android updates show the types of challenges ahead for the chinese company but while insists it can keep going even when the u.s. pulls the plug. is our financial correspondent in frankfurt lars what's this repair you've really about. and as you just heard in that piece the into the white house says it was acting in the interest of the customer i think that almost sounds a little cute i think they were actin

u.s. mca and the assurances and investment certainties and provide the community, north america can continue to be the engine of growth for economies all over the world. and furthermore, with a strong u.s. mca we can become, north americaamerica can be the most competitive region in the world. this is a historic moment for mexico. in the mandate for social progress in inclusive growth, the president lopez was elected to fulfill. secretary abroad, we are honored to have you with us today to convey how mexico is leveraging its foreign policy to achieve its promises of a better and stronger mexico. i know you travel all the time because you are always in the air. ladies and gentlemen, please join me in welcoming the secretary of foreign affairs of mexico his excellency, marcella. [cats meowing] >> you very much. the relationship of the united states, canada and the country of the hemisphere. for the first time in all times, mexico is being governed by the left to run electoral profits, and you can think that our program is about expand or exhilarate, increase taxes, or make a facility about businesses or privat

u.s. army corps of engineers. they provide a lot of technical assistance, technical support on our programs. we've collaborated with the u.s. epa. cabo verde an example, where they helped establish a sanitation fund. usaid, the jordan project. continuing in that program support in bio solids and sludge management. and also i heard usgs come up. we have worked a lot with them. again, a lot of the remote-sensing capabilities, looking at water resources. so i think this is an area that we have done a lot of collaboration, but i think looking forward and this event i think is an example of it, really looking to do more collaboration and coordination with others across u.s. government. i think that plays to everybody's strengths. thank you. >> thank you, jonathan. serena? >> great. thank you to the wilson center for hosting today's event and for inviting cdc to be part of it. since everybody is talking about how long they have been around, i guess with the 50th anniversary, cdc has been around for about 70 years. we are

u.s. army corps of engineers, serious job, and kept demanding the structure be both physically imposing buto aesthetically pleasing. isn't that ridiculous? if it is supposed to be a scary wall, why should it be pleasing? >> he doesn't understand the nuances of one versus the other, to be honest with you. at least in my opinion. i don't think -- you know, he has this notion that it has to be beautiful because it's something that he's creating. he doesn't understand it can't be one thing and then another. as far as the architect, engineer or another professional, he doesn't listen. if they don't agree with him, they don't know. >> i have only 20 seconds left. since you get to the heart of it, why are people obsessed with appearance? >> why is he? >> why are people? he's not the only one. >> you know, what came first -- the chicken or the egg? this is our society. our media. >> i'll tell you what came first. the chicken. it lays the egg. >> at any rate. >> well, barbara, i trust we'll have you back. >> i hope so. >> i find it calming talking to you. even talking about difficult things. coming

u.s. government, because it's one of several companies that hire chinese engineers and the u.s. o hire chinese nationals for advanced engineering jobs. this is according to the journal this morning who says they speak with industry insiders, a shift that comes amid broad white house efforts to he protect u.s. technological know-how writes the journal this morning. this is a big deal because the semiconductor sector has not been penetrated by the chinese and they have been able to hold onto their intellectual property and not go expand in china. now these companies will not be able to hire chinese engineers. i think that's fascinating. dagen: they wouldn't if they thought hiring chinese engineers would put i.p. at risk. it's like who knows better, government or private industry. i would argue the private industry is probably already very cognizant of this. i'm curious how big of a -- it's certainly another shot across the bow in terms of the u.s. getting tough with china but on a ground level -- maria: if you've got projects across the world and chinese nationals want those jobs,

he served as a simple engineer for the u.s. air force at just 18 years old. >> we never thought we would make it. i never thought i would be 19. >> reporter: this is the first time that a veterans memorial has been damaged in san jose. last august, some one defaced the sons of vietnam memorial in downtown. the tech giant google stepped up to pay for the repairs. the city made a statement that said in part, they immediately removed to the tag, and they are in the process of getting a new panel fabricated. they believe that the -- that the police department is investigating the incident. >> some wkokids that are just not realizing. >> reporter: he called them memorial seca ground that should be left alone. >> why? why her so many people? sacrifices by made a lot of people that are not coming back. >> reporter: the city parks and recreation department say that they are in charge of this memorial and they say that they are working with nearby business to try to find a video of the culprits, -- >> thank you. >>> a gang-related shoot

it goes to show the energy engine of the u.s. has really grown.in to help occidental, a great company. the assets are really good. it does not surprise me there is competition for it. next, this man is putting his mark on microsoft. this is "bloomberg: businessweek." at milken. jason: welcome back to a special edition of "bloomberg: businessweek." carol: this is a fun event. we love being in new york, but it is fun to get to the west coast. this is an area where you talk to titans of business, media, and technology. addition to moderating panels and schmoozing, we have been hosting our radio show. you can join us for that every day on the radio. carol: and you can catch up by listening to our podcast on itunes, soundcloud, and bloomberg.com. jason: find us online and on our mobile app. carol: on the cover this week, -- microsoft's next chapter under the ceo. , perhaps is being bold nothing bolder than breaking away from windows and preparing for the threat from amazon. >> the company is no longer the windows company, it is focused on the cloud. wh

u.s. is trying to engineer a coup against the little castro has more. none of the people living inside washington's venezuelan embassy since april are venezuelan officials or even that is whalen they're members of an american leftist group called code pink and they moved in after the diplomats of president nicolas maduro moved out for about four weeks now we have been living inside the venezuelan embassy as guests of the legitimate venezuelan government the only legitimate government of venezuela the material administration code pink says the rise of opposition leader. who has declared himself interim president is the result of a u.s. led. that's an accusation these programs on his way list strongly reject they same two thousand and eighteen election victory is in dispute and why do as leader of the national assembly is the rightful president i would love for them to read eventually. and. this is definitely not a jewish. ok to emphasize that point the venezuelan counter protesters have surrounded the embassy trying to pressure those barricaded inside to

u.s. you are in dublin, and elsewhere? chris: we have an engineeringr in dublin, but we are still u.s.-based with the restaurants we serve. whether it is an enterprise like jumbo juice, or nationally acclaimed operators like jose andres. we are all over the u.s., 30 markets, but it is early days. carol: putting going public aside, what about other partnerships? you have been working with u.s. foods. i wonder what other avenues, because that is more distribution. chris: we look at the entire restaurant value chain. we are trying to make their lives better. it is hard to run a restaurant. we announced on tuesday, toast payroll and team management, because a lot restaurant operators are spending hours doing payroll every friday. if we can give them the fridays back, streamline payroll so that they can spend more time with guests, that is what we are doing. we launched that this week, an exciting new venture for us, and we will innovate across the entire restaurant chain. carol: front office or back-office. chris: front office, back office. carol: i google

u.s. kweb holds the companies that are the transmission engine or domestic consumption online.rlet: you guys have a variety to play including the one belt, one road initiative. it only has 40% allocation to china. why do you need an etf to invest in the scheme? brendan: because china is exporting its infrastructure know-how to emerging-market and frontier countries. the regional infrastructure play and china knows infrastructure better than anyone else. eric: you have a whole menu of china etf's that are intriguing. kgrn, which is china environment. some people would consider that an oxymoron. talk about the story here. brendan: i was in beijing last week and i went jogging two of the mornings. i was asthmatic as a kid, so the pollution is more seasonal in the winter. ultimately, it holds the clean tech companies that are part of the environmental solution. scarlet: full disclosure, crane shares is majority owned by cicc, a state owned firm. how do you provide a balanced view when people are mindful of the ownership? brendan: what we are providing is a balanced perspective that

u.s. where earths are 17 natural elements used to manufacture a variety of products including smartphones electric car engines and even fighter jets trying to process as much as 70 percent of the world's a rare earth minerals last year and tariff or changes to the supply chain could impact many u.s. companies particularly apple and that's gives beijing leverage during the trade negotiations adrian brain has more from beijing. it is not what president xi jinping is saying right now that's interesting it's what he's been doing for the past few days he's been touring central china and earlier this week he visited junge c. province to go to a rare earths mind now china at the moment controls about 90 percent of the world's supply of rare earths one of the country's exports to the united states but so far the trumpet ministration has not been slapping tariffs on rare earths as it has been on just about everything else that china exports to the united states so this visit was filled with powerful symbolism now last week one state controlled newspaper suggested that perhaps it was time for china to start reducing ra

i think it's going to show the energy engine of the u.s. is really growing, support for that.epped in to help occidental. anadarco assets are really good. so it really doesn't surprise me. jason: up next, the mark on microsoft. this is "bloomberg businessweek" at milken. ♪ jason: welcome back to a special milken edition of "bloomberg businessweek." i'm jason kelly. carol: and i'm carol massar. now, this is a fun event. i feel like, you get out of the office. we love being in new york, but it's fun to get to the west coast. this is an area where you talk to titans of business, media, technology and you found out what's on their minds, what's interesting to them. jason: in addition to moderating panels and schmoozing, we've been hosting our radio show. join us for that every day on the radio, 2:00 to 5:00 p.m., wall street time. carol: and catch up on our daily show by listening to our boston at itunes and at bloomberg.com. jason: and find us online at businessweek.com and on our mobile app. carol: on the cover of "bloomberg businessweek" this week, microsoft's next chapter unde