they face being shut out by u.s. tech suppliers after the department of commerce found the company had sold u.s. tech to using shell companies among other structures and thereby running afoul of u.s. restrictions. any u.s. company that wants to sell components to the ge now needs to get a license from the zte now needs to to get a license from the department of commerce. the impact could be fairly significant. a watchdog may soon be able to identify investors behind the trades they are making and be able to do it in real-time. the securities exchange commission can currently only monitor live trading at a broker level, but it is developing a news see-through system. each investor is assigned an identity record. improving market surveillance has been a priority for regulators for a while. the proposal has already attracted criticism and dubiousness from market percent participants. they say the sec already knows too much about what they are doing in the market. they wonder if it will be an invasion of privacy. we have not

the top destination is up north in seattle metro area and it's the four major u.s. tech hubs with san jose, san francisco and austin texas. >>> meter parking in downtown sacramento may not be free much longer. the city council will deal with a plan with parking. it would extend paid parking hours to 10:00 p.m. downtown and 8:00 p.m. in the midtown area. >>> a second wanted man is leaning for the paris attack. >>> reducing surveys. how they're cutting down on the number of people going under the knife. >>> let's take you outside for a live look. the bay area, a little wet and a little derive. we have your forecast and much more when we come back. stay with us. ,,,,,,,,,,,,,, key suspect in t cks. >>> right now, the search is on for one accomplish of the key suspect in the deadly paris attack. police captured salum friday about five blocks from the house he grew up in. this is thought to be him shot in the leg dragged into an unmarked police car. authorities believe he may have been planning more attacks. they're looking for a 24-years-od man who allegedly traveled last ye

is it a reminder why u.s. tech companies need to help track down terrorists right now? >>> today, at least one those brussels terror suspects was in police custody before, then released. now u.s. officials are saying released gitmo detainees have killed americans. some americans say it's time to stop being the food lover's heart... the book lover's heart... the art lover's heart... happy, healthy hearts. but the heart of someone with pulmonary hypertension is unbearably stressed and can eventually fail. there is no cure. what's more, ph is often misdiagnosed as asthma. the pulmonary hypertension association gives hope to patients and caregivers. we're putting our heart into finding a cure. to learn more, go to phassociation.org now back to more "cavuto on business." >>> european authorities ramping up efforts to nab more potential terrorists after those attacks in brussels. kerry says apple has to ramp up its efforts to help security officials here do the same thing. >> it's funny that tim cook is now standing up even though there are multiple instances in which they wer

. >>> u.s. tech giant microsoft unveiled an artificial intelligence project and quickly pulled the plug when it started to make highly objectionable comments on social media. developers made what's known as a chat robot. it was designed to learn how to communicate through interaction with humans. the program was named tay and it was given an account on the social media platform twitter. it began echoing posts made by human users and was soon make being sexist and discriminatory comments. the prorogram even hailed nazi leader adolf hitler. microsoft put the program on hold and said it needs adjustments. >>> like children picking up questionable language from their parents, nothing questionable about our meteorologist, though. who is here to tell us about t e weather starting with tokyo. >> yeah, mild conditions will likely continue, and the cherry blossom season has started in several portions of japan. the temperature was 14 degrees. mild conditions will continue. as you can see, cherry blossoms are

is it a reminder why u.s. tech companies need to help track down terrorists right now? >>> today, at least one those brussels terror suspects was in police custody before, then released. now u.s. officials are saying released gitmo detainees have killed americans. some americans say it's time to stop being too pc when it comes to stopping islamic terrorists. >>> this is a fox news alert. i'm uma pemmaraju. belgian authorities are revealing that dna analysis has confirmed the identity of one of the suicide bombers at the brussels airport. they say the 24-year-old terrorist was the same bomb maker behind the massacre in paris last november that killed 130 people. the prosecutor also confirming he was the bomber seen on the left side of the surveillance video pushing a luggage cart at the brussels airport before those deadly explosions. >>> in iraq, isis now claiming responsibility for another deadly attack. a suicide bombing at a soccer stadium near baghdad. at least 29 people killed there and 90 others injured. witnesses say fans were watching a championship ceremony for

what does it take for u.s. tech companies to succeed in china?ichael: we try not to make the mistakes that we watched others make. so, the first thing that you need to do is go there and admit you know nothing. you need to understand the market is different, and you definitely don't staff your company in china with people from america or europe. you also need to understand that there is a very different work ethic in china. people just happen to work a lot harder. so, it's a whole new level of competition. emily: sequoia is very successful, but you have no women partners. what do you think your responsibility is there? sir michael: we think about it a lot. i like to think, and genuinely believe, that we are blind to somebody's sex, to their religion, to their background. we probably have more different nationalities working at sequoia than pretty much -- it's a very cosmopolitan setting. the fact that we have embraced china, we have embraced india, we have operated in israel for a long time, i think shows that. the real question i think that you

to do so will require more cooperation from u.s. tech companies. >> and we need to build trust between silicon valley and d.c. and ultimately the american people and i think it's a trust deficit that's impeding further cooperation because, yes, there's a freedom of speech issue. but you know what? there's also a terrorism issue here. so i mean, basically, you have three options. we want to collect information to get a sense of who their networks are. you don't want to shut down all of the facilities. two, we can actually start shutting down this information and we need to do more there. quite honestly, the american viewer, the fox viewer has a role here potentially to identify, flag information and twitter and some of the other social media platforms attempting to do this but not enough. third, we have to push back. we have got to expose the bankruptcy of the ideology. >>> coming up, meet some muslims taking a stand against the islamic state. >>> you owned your carme muslims for four years, you named it brad. you loved brad. and then you

is it a reminder why u.s. tech companies need to help track down terrorists right now? >>> today, at least one those brussels terror suspects was in police custody before, then released. now u.s. officials are saying released gitmo detainees have killed americans. some americans say it's time to stop being [engines revving] you can't have a hero, if you don't have a villain. the world needs villains [tires screeching] and villains need cars. ♪ heywhether to stay or go?re ♪ when it's go, the new choice privileges gets you there faster. and now, stay two times and you can earn a free night. book now at choicehotels.com high blood pressure, it even slows your ability to burn calories and lose weight. man #1: fortunately, there's a solution; inmovement, the affordable standing desk. woman #1: an inmovement standing desk lets you move effortlessly between standing and sitting throughout your day. woman #2: inmovement standing desks come fully assembled and fit right on top of your existing desk. man #1: inmovement standing desks are height-adjustable. woman #2: and, unlike ma

china's biggest -- second-biggest global supply said it found it sold u.s. tech to iran, thus running afoul of u.s. law. and company that wants to sell components to zte needs to get a license from the commerce department. came out saying up to 15% of parts used in zte equipment and smartphones is actually supplied from the u.s.. hong kong financial markets watchdog may soon be able to identify investors behind the trade making in real-time. it's developed a new see-through system where each investor is assigned ended identity record, improving market surveillance for regulations worldwide. the proposal has already drawn some criticism from hong kong market participants. they are warning that it will give too much information about what people are doing in the market at any time and that they need to balance regulatory necessity with what would be an invasion of privacy. we haven't had any details on the timing of a new system. thesenvestors do expect conversations to begin in april. aad: north korea says that it now has the ability to make nuclear warheads that

this is a bank that helped 47% of the u.s. tech companies that went public in 2015.berg's carly sat down with gregory becker in london. >> what is interesting, you want an entrepreneur. you want these companies to think about being independent. you want them to build independent companies. that's kind of the first part. what we found on the survey, there's also realism to it. roughly 56 to 59% of clients are saying we believe in acquisition is the exit strategy over the long term. i think that's realistic. it's actually conservative. when you look at the data, m and a is about 95% of their exits. i'd say it's more of a realism that m&a, the final exit strategy >> with regetting realistic with the evaluations? graduate question is how long would it take to find that stability. it's not like the public markets adjusted immediately. private companies, the evaluation change when the next round of financing is raisessed -- raised. some of the companies raised $50 million to $100 million, they may have cash that can last a year or two years. they may not have a evaluation

tech hub. emily: update to our top story. apple quickly swinging back to the u.s.overnment after the justice department released a firing. saying apple was desperately trying to make case. it came as no surprise apple's general counsel saying the company will stand by its legal rights. the company is both desperate and trying to sneer the company. the u.s. is the only government to have asked the company for a backdoor. but warn that if the u.s. have the precedent now, the rest of the world will follow. vietnam may be just the next tech hot spot for innovation. the company most famous tech export was the 2015 gaming hit >> byhitfloppy bird. here with me now david mcclure founding partner of 500 start-ups. why vietnam? >> lot of people in vietnam. lot of people online in vietnam. internet is exploding all over southeast asia. i think there's a lot of hot sectors we're still focused on. basic things that make money. that will be around financial services, probably around healthcare and education and lot of ex-commerce. jo you >> you guys from in 50 countries. you got

privacy issue should not be mixed, perhaps an example of brewing distrust the eu regulators and u.s. techompanies. connect the dots for us. >> google and facebook have a different role from apple. they are lumps of information you can track over time. you can see what people are writing over months or years. you do not record a phone call in retrospect. emily: are eu regulators unfairly targeting facebook or is this really a privacy issue? >> it is easy to couch this as a difference between eu and u.s. regulatory environments, but there is a disconnect across all of these different markets. when we look at this strange contradiction between france simultaneously wanting -- emily: the government to have access to data and not wanting us to have access. >> exactly. what you see is war between branches of the government. there are some parts of the government that understand the importance of privacy to commerce and want to protect people's ability to keep data private, protect the ability of companies like facebook and apple to say, your data is safe. law enforcement and other groups within

to do so will require more cooperation from u.s. teches. >> and we need to build trust between silicon valley and d.c. and ultimately the american people and i think it's a trust deficit that's impeding further cooperation because, yes, there's a freedom of speech issue. but you know what? there's also a terrorism issue here. so i mean, basically, you have three options. we want to collect information to get a sense of who their networks are. you don't want to shut down all of the facilities. two, we can actually start shutting down this information and we need to do more there. quite honestly, the american viewer, the fox viewer has a role here potentially to identify, flag information and twitter and some of the other social media platforms attempting to do this but not enough. third, we have to push back. we have got to expose the bankruptcy of the ideology. . > coming up, meet some muslims >> cameron can't do it. >> it has to be people that are muslim that understand it's the silence of the moderate muslims. the bottom line is, the m

major u.s. tech companies, and google, facebook, twitter, all blocked in china. from hong kong. gordon. gordon, always good to see you. what are these roles and how were they different? gordon: sorry, i did not hear that. cory: what are the new roles and how do they differ from the devious regime of roles? gordon: this basically creates and internet because they are no longer able to provide access to websites with foreign domain names. that means unless those foreign domain sites are given approval they are not going to be accessed in china. these are just proposed rules. this is one in a series of attempts to cut china off from the internet. they tried it five years ago and it did not work. cory: it seems like it would would not help and it seems like it is focused on individuals and not on helping businesses do business. gordon: absolutely. the premier, the czar of the economy, talks about innovation economy because you have manufacturing contracting and investment losing efficacy, so he is looking to the internet and he has something called the internet plus

to do so will require more cooperation from u.s. tech companies. >> and we need to build trust between silicon valley and d.c. and ultimately the american people and i think it's a trust deficit that's impeding further cooperation because, yes, there's a freedom of speech issue. but you know what? there's also a terrorism issue here. so i mean, basically, you have three options. we want to collect information to get a sense of who their networks are. you don't want to shut down all of the facilities. two, we can actually start shutting down this information and we need to do more there. quite honestly, the american viewer, the fox viewer has a role here potentially to identify, flag information and twitter and some of the other social media platforms attempting to do this but not enough. third, we have to push back. we have got to expose the bankruptcy of the ideology. >>> coming up, meet some muslims need to hire fast? go to ziprecruiter.com and post your job to over one hundred of the web's leading job boards with a single click. then

to do so will require more cooperation from u.s. techpanies. >> and we need to build trust between silicon valley and d.c. and ultimately the american people and i think it's a trust deficit that's impeding further cooperation because, yes, there's a freedom of speech issue. but you know what? there's also a terrorism issue here. so i mean, basically, you have three options. we want to collect information to get a sense of who their networks are. you don't want to shut down all of the facilities. two, we can actually start shutting down this information and we need to do more there. quite honestly, the american viewer, the fox viewer has a role here potentially to identify, flag information and twitter and some of the other social media platforms attempting to do this but not enough. third, we have to push back. we have got to expose the bankruptcy of the ideology. >>> coming up, meet some muslims more "stay" per roll. more "sit" per roll. more "who's training who" per roll. bounty is two times more absorbent. so one roll of bounty can l

. >> latest clash between u.s. tech company and law enforcement.tion of a suspected drug tra traffic ring put a facebook executive in handcuff, rejecting a brazi brazilian court order to provide information and got arrested. and the former director michael haden, said some of donald trump's idea would put military into a possession to reject borders. >> the american armed forces would refuse to act. >> colonel ralph peters with me next. >> he is aiding and abetting terrorism. fbi has not asked they be given a universal key to unlock anything, they asked apple to unlock one specific phone. and apple is saying oh, my god, we might lose sales, the people that are really drawn by this unbreakable encryption are the terrorists, they are human traffickers, drug cartels, they are mafia, ped pedophile rings. more proactive selling. what do you think michal? i agree. let's get out there. let's meet these people. when you think what does it look like? is it becoming a better professor by being a more adventurous student? is it one day giving your daughter th

u.s. attorney general said tech companies have helped in other cases. >> in every single one of those cases we have gone to court with a narrowly crafted request and said is this something we can obtain under the law? the courts said yes. we then went to apple to say we need your assistance. where they chosen not to we could say could you police direct them as we do companies every single day to work with us. >> the hearing comes one day after a new york judge ruled the government can not force apple to unlike an i-phone in a brooklyn drug case. >>> families of the victims in the san bernardino shootings have mixed opinions on whether apple should be forced to provide information on the i- phone. the husband of the survivor of the attack says he doubts there is any information on the i- phone used by syed farook. he said employees knew san bernardino county had accessed information from those phones. the father of another victim says syed farook's phone could contain critical information about possible terrorists. >>> president obama will meet face to face with the senate republican leaders

u.s. where tech is a big player.ave a credit sweeps and deutsche bank at record lows which is incredible. drag in theig banks index lower. in the turnaround from february on word which is almost exactly halfway through the quarter. you have the oil rally helping the u.s., the dollar dropping, it is the biggest drop in the dollar versus the euro since 2011. and a quarter with the ecb actually increased to stimulus. that is also not good for european equities because a lot of the rally last year was based and helpingdropping exporters. all of that is reversed. that is shifted back across the atlantic. manus: let's bring mark into the conversation. it really was some precipitous moments. it was a fear. it was a real sense of fear. people just didn't believe is rally about growth. went into the g-20 thinking that could be something really monumental. -- the think overriding factor for the quarter was the follow on the interest rate rises. then, thoughts about what we might see from on terror policy going forward. in a bi

tech community for owes-- opposes apple having to help the f.b.i. the collection of data about phone calls and emails by the national security agency. the agency also tapped the smart phones of u.s. allies, lining german chancellor. tech professions l professionals say no-one's data is secure from snooping. >> if you're on mobile phone, you have to assume your phone is being monitored. that's how i look at it. >> reporter: the fight between appear emand f.b.i. is set for late march >>> the n.a.s.a. astronaut who broke the longest u.s. space mission will retire at the end of the month. scott kelly landed safely back on earth last week after spending nearly a year on the international space station. the 340 day mission was intended to pave the way for human travel to mars. for the rest of us, you can checkout the website. >> some are blind. others are ridden with cancer. many have serious mental illness. all of them are old. and a few will never get out alive.

u.s. attorney general says tech companies have helped in other cases. >> in every single one of those cases, we have gone to court with a narrowly crafted request and said to the court, is this something that we can obtain under the law? and the courts have said yes. we've then gone to apple and said we need your assistance here. where they have chosen not to, we would go back to court and say could you please direct them, as you do companies every single day, to work with us. >> the hearing comes one day after a new york judge ruled the government cannot force apple to unlock an iphone in a brooklyn drug case. >>> families of the victims in the san bernardino shooting have mixed opinions on whether apple should be forced to provide access to that iphone. the husband and survivor of the attack last november says he doubts there's any useful information on the phone, which was farook's work phone. but the father of another victim says the phone could contain what he calls critical information if others were involved. >>> now to new developments today. the u.s. government has released a new b

tech tools. >>> and the u.s. on alert following the attacks in brussels. security. >>> deputies in one south florida county getting ready to record on duty. >> diana: brandon beyer e plains the high-h-ch tool that will be part of their uniforms. >> you need to record that on video. >> reporter: yououe looking at body camera video of broward sheriff during an a resent stop in fort lauderdale t. woman is her over because he's racist. the body camera captures a much diffffent interaction. >> in what a normal action he said she said on this deputy's file that he was unprofessional and racist, now we know that was not the case. he remained very professional throughout the stop. >> reporter: the broward sheriff's office said this is why they're implementing body cameras cameras. it will be the responsibility of the deputy to turn the camera on. he trusts the judgment of the deputies to know when to u u them. will be counseled and spoken to. >> reporter:r: the camera kits cost about a thousand dollars. right now there's 50 on the street t. hope is to have about a

. >> a new initiative will bring in vetted high-tech specialists to test the u.s.' ur it is way to fix s. e 'sost nsitivorwipart of alsosort uitit. > woman's oes tt t ofn on. okself. thoudetet ur attentn. tsa att d shed guns. sh lea er t ike torn to rtr arsp infor t t s th. >>he caiwas ing,es-- you the >>, hifirs outslan rt richt li ar ghn forb' na. ll yourey i t aufu y day. taa lookate ew oullca pl of vi, en wth pie, a . we >>> ever wisyou could just talk quickly with an attorney. friday, that is your opportunity. we are here to help with attorneys on call. we are partnering with the state bar association for attorneys with service. they will answer your questions dealing with divorce, a landlord or tenant or a problem with debt. so set a reminder. this is your chance to get free legal information. >>> the state's two wealthiest people are even higher on forbes' list of billionaires, jim goodnight ranks 144th with last year, he was at 177. his cofounder john saul ranks at 392 on the list. bill gates is the richest person in the world with a net worth of $75 billion

u.s. and a lot of tech companies use it.t can and has been abused but i don't think that it's a catch all that everyone using it is somehow abusing it. people are still unclear what it would mean. it's as much a big question mark with tech companies. what he would do and how he could make it more difficult for them to do their business. >> trump is speaking to a big part of the country. i think you could draw big broad brush strokes. they're not in tech. is that fair to say? >> and if anything, a lot of u.s. trade policies tend to favor, right now, intellectual property, right? getting those things and selling them to other countries and making it easier to sell manufactured goods to us. his policies, trump is talk more about the low skilled wage labor type jobs. he is speaking to that base. his trade ideas look more toward the industrial idea versus the information idea. >> which is the whole path to states like wisconsin and we'll see about michigan tonight. that's going to be a big tell if that audience is truly reseptemb

u.s. in the tech and a look at a new map defines more area that might become to the virus including here inea of the question: mr. r server more than just rebels the new item that they like. they like. yeah♪ think about it at. ♪ there must be higher love ♪ down in the heart what do you think? ♪ and in the stars above hi ted, glad you could join us, we think you're going to like these numbers. ♪ bring me a higher love ♪ i could rise above ...one of many pieces in my life. ♪ bring me a higher love so when my asthma symptoms kept coming back on my long-term control medicine, i talked to my doctor and found a missing piece in my asthma treatment. once-daily breo prevents asthma symptoms. breo is for adults with asthma not well controlled on a long-term asthma control medicine, like an inhaled corticosteroid. breo won't replace a rescue inhaler for sudden breathing problems. breo opens up airways to help improve breathing for a full 24 hours. breo contains a type of medicine that increases the risk of death from asthma problems and may increase the risk of hospitalization in children and adolesc

u.s. attorney general said tech companies have helped in other cases.ould be allowed to destroy the software after this one i-phone was unlocked. s unlocked. >>> president obama will meet face to face with the senate republican leaders who are vowing to block his nominee to the supreme court. the president invited the leaders to the senate and the senate judiciary committee to to the oval office to discuss the supreme court vacancy left by the death of justice antonin scalia. >>> let's check in with sal on >>> supreme court justice clarence thomas broke ten years of silence by questioning a lawyer in court yesterday. members of the audience gasped as thomas asked questions in a case over second amendment gun rights. none of the other justices had any visible reaction. thomas is known for not asking questions in court. he asked a string of questions in an exchange that lasted several minutes. the court is considering the reach of a federal law that bans people convicted of domestic violence from owning guns. thomas last asked a question in court in febru

u.s. attorney general said tech companies have helped in other cases. >> in every single one of those caseswe have gone to court with a narrowly crafted request and said is this something we can obtain under the law? the courts said yes. we then went to apple to say we need your assistance. where they chosen not to we could you please direct them as we do companies every single day to work with us. >> the hearing comes one day after a new york judge ruled the government can not force apple to unlook an i-phone in a brooklyn drug case. >>> a 14-year-old boy shot and killed near his high school in richmond. in 20 minutes, the reason his friends are fearing for their own safety. >>> a father in southern california is accused of kidnapping his own children. up next, the dramatic standoff that ended with the suspect slipping away. we're about to show you an incredibly low fare. like all our fares, you get two free bags and zero change fees. because what's the point of an incredibly low fare if you're just going to stack fees on top of it? our sale fares have nothing up their sleeves. book them n

well, you know, obama has always had this reputation of being sort of the really tech savviesque president that the u.sad. he really pioneered a lot of political techniques on the internet. here is talk to a group of innovators to urge them to use their talents to foster civic engagement, to help citizens tackle problems like lack of engagement in the political process, global warming, and the like, and also to use their talents and their skills in general to empower people in the country not only the wealthy who can afford the latest gadgets and the highest speed broadband, but also the underprivileged. that's his message here today to this group of industry experts and others at the conference here in austin. >> and it comes at a very interesting time when the u.s. justice department and the fbi are sort of locked in a battle with really one of the biggest text brands in the world, apple over revealing information over privacy? >> reporter: that's right. and the irony here if you could call it that is lost on no one that obama is making these comments lauding the tech community, at the same time his

what you need to own is the u.s., dollar, and tech.as been a really horrible year for the average active investor. >> that does not mean it cannot worse? >> it is not as bad, but there are serious problems. have more commodities coming on stream and so on, but really the market is priced for armageddon, if you want to use that phrase. until investors unload out of that, there will be an opportunity. >> what is the storm's argument -- whathan buying e.m. is the strongest argument against buying e.m.? >> they were running current account deficits, we knew the five countries of the biggest deficits, which suffered the worst. but now emerging-market trade on the aggregate has moved into balance. there are certain countries like brazil that have moved into unprecedented surpluses. that deficit has disappeared. scarlet: nec that in that chart right there. >> must've the adjustment has come by import, which people seem to be hung up on. it does not really matter. all big balance of private just was come on the important site -- all balance of

. >> doctor, lawyer, tech mogul, some occupation you find on this year's highest paying jobs list, glass door listed top 25 paying jobs in the u.s., and physicians top list of those who bring home lawyers follow with $144,000. multiple tech jobs, littered list from $100 to $130 thousand. >> there are good choices to occupy opening chair on u.s. supreme court, but one popular sports figure said, he knows who deserves it university of michigan football coach jim harbaugh is quote, urging president obama to a. -- appoint judge jude to judy to the chair, she tweeted at the wolverines coach, thank you and good luck this upcoming season. what do you think about that josh? to supreme court. josh: when jim harbaugh says something you do it, he is so intense, don't double cross him, i don't know if obama will listen high might consider it. see unc meet are about a third time this year may selling mattresses the traditional way isn't the best way. most are made in a large factory, and shipped hundreds of miles to a retailers warehouse, where they're marked up and up before finally selling and delivering them at the original mattress facto

the afghan military does not have high-tech equipment. since the u.s. scaled down its operations the afghan army can no longer completely rely on the use of american firepower. that has made a difference in its capabilities to take and hold territory. that air support is no longer there to remove the wounded from the conflict zones. and that means chances for survival are considerably reduced. >> an i.e.d. bomb exploded. we were ambushed. a soldier next to me was wounded. if we had air support we could have evacuated him. with air support he would have survived. >> there is a 40% unemployment rate and many young men opt to enlist because there are no other options. corruption is common in the military leaving soldiers without sufficient ammunition and leaves many without incentive. >> a soldiers should have a strong faith and physical power. but this enemy is armed to the teeth and has support from its neighboring countries. we need a powerful force with heavy artillery, tanks and air force. >> the afghan security forces are suffering rates that is call

tech giant apple faced off with the feds during a congressional hearing today on the issue of privacy versus security. an issue the u.s. attorney general visiting the bay area was happy to weigh in on. our tech reporter scott budman joins us to break down those hearings for us. >> reporter: good evening, jessica. no rulings were made today but we got a better idea of what the two sides are coming from and what america's top cop thinks of apple. >> also we have quick action. >> reporter: apple is known for selling iphones, but it's also defending its product in front of a congressional hearing. >> they're asking for a back door into the iphone. >> reporter: arguing against the fbi's request to give it access to the iphone of san bernardino shooter syed farook saying strong encryption is necessary for our privacy. >> the fbi has asked the court to order us to give them something that we don't have, to create an operating system that does not exist. >> reporter: meanwhile, san francisco's rsa security conference, the u.s. attorney general said apple should not have the final say but also sounded a note of compromise. >>

u.s. it's a completely different story with tech. in the quarter which is a big help in the rebound. it was up 15% since a february low. we all know what happened with banks. deutsche bank had a record low. italian banks being completely hit in this quarter. the interesting story is not just banks. the cyclical, more risky part of the market that was punished. it's also companies like health care which is supposed to be a safe haven. industries were people hide. that was the second worst performing industry of the quarter. europe is getting hit on all sides. the euro also rising against the dollar was a pretty back thing -- bad thing. all working against europe and is quarter. caroline: despite all of this we're seeing, alarm bells ringing, the ecb is pulling out all the stops. even though we see the peripheral banks continuing to underperform. this is people brace for the corporate bonds stopping. sophia: whatever mario draghi does, companies in europe can't seem to grow their earnings. the economy is not growing. draghi says he is

u.s. reserve with the policy statement, dow jones managed to close in the positive, up about 0.10%. the tech heavy nasdaq fell 0.50%. we're going to go to rami. what are you seeing over there? >> thank you very much. as you mentioned, the u.s. markets mixed, but european closed lower. investors cautious. not only about central bank, but we saw a slight dip in crude oil prices. a check of how the topics are actually kicking off. wednesday, march 16th and both indexes in the negative, the nikkei dipping below the 17,000 level. now, on tuesday, the nikkei fell after the bank of japan left policy unchanged. snapped three-days of gains. they started investing yen, pushed down, doj's outlook at bloom me gloomy, rushing to buy safer assets, such as the yen. let's look at some of the key pairs here. dollar/yen, 113, it dipped below that level yesterday. u economic data didn't help either. u.s. retail sales fell 0.1%. concerns through the market, china's daily fixing was weaker than expected. that fueled worries of a depressation in the currencies. would a worries over crude oil prices, futures fell

." >>> some of the biggest names in the tech sector are rallying around apple in the company's encryption fight with the u.s. government. more than a dozen companies, many head quartered in the bay area, filed friend of the court briefs today in support of apple. the titans of tech emphasize the values of privacy and transparency. they say if apple complied with the fbi's order to build a back doorway to build iphones, it would set a dangerous precedent for all tech companies. the fbi is asking apple to unlock a phone from one of the san bernardino shooters. >> information in the technology industry has long had a view the government shouldn't be telling it what to do. and they have been successful at resisting all attempts. >> families of some of the people killed in the attack also filed briefs. they implored apple for help. >>> the latest storms are in pause mode right now after some light rain today. this is a live look outside at pier 15. you can see gray skies and clouds that might bring us some more showers tonight. but this is just setting the stage for the big storm hit thing weekend. sandhya? >> w

u.s. justice department cannot force the tech giant to provide the f.b.i. with now, that decision supports the tech jet's refusal to help the agency hack into iphones linked to one of the san bernardino shooters. >> sarah: a judge has halted a new york city law that requires restaurants to post warnings on menus about foods that are high in salt. the law was scheduled to take effect today, but the national restaurant association sued last week. if the law were put into effect, the city could fine restaurants that don't comply with the rule. >> christa: after nearly a year in space, astronaut scott kelly is ready to return home. he's headed back to earth today after spending the past 340 days station. he has now set the american record for the longest duration in space and the most cumulative time in space. nasa will now look at the effects the time in space had on him as they try the prepare other astronauts for a future mills to mars. -- mission to mars. >> sarah: a wild finish in the division 3 boys basketball state title game in rhode island over a playe

u.s. 36. travel times downtown to the tech center, about 12-15 minutes. downtown denver, 90 minutes this morning. also across c-470. >> thanks, amelia. >>> 6:17. one of colorado's oil and gas companies cutting back in colorado. only one drilling rick operating. down from an average of 7 in 2015. now, they will spend about $500 million this year in the denver jewels basin. a year ago they were expected to spend $2 billion. a new york court will not be throwing out a fraud case brought by the state's attorney general. eric sniderman alleged that trump university defrauded students signing up for the course who hoped to learn the secrets in real estate. donald trump's lawyers order it should be thrown out due to the statute of limitations. >>> these filters for aquariums 's a shock hazard. it can electric electrify the water. contact the manufacturer for a free replacement. >> shocking. >> shocking. >> right. >> i'm all choked up. >> that's okay. >> i'm worried about the fish. >> getting electrocuted. >> one fish two fish red fish blue fish. >> happy birthday. >> moving forward. >>> 6:19, posing as

u.s. has approved more than $4 billion worth of business. >> the fbi and federal safety tech kinetic cars are increasingly vulnerable to being attacked. researchers took control of car functions like braking and steering by remote control. the fbi says you should keep the software up-to-date. >> the social networking's site birthday. it invited users to express themselves with brevity and immediacy. it has affected everything from politics, entertainment, and style. >> a smaller version of the ipad prois i s expected as well. >> sunny right now. p you have your health... ...great things are ahead of you like seeing old friends or making new ones, learning some moves or showing off your skills ploring. choose a humana medicare plan for the care you need... to h elp you have better health for everything that's ahead. humana. start with healthy. >> the latest numbers from wall street. the nasdaq is up three points while the s&p 500 is down one point. you can catch the closing numbers today on local 12 news first at 4:00. texas. the tree stopped only centimeters away from crushing the statue.

u.s. market or less momentum? >> right now i do like where tech is.s that are going to drive the economy forward. one is solid consumer spending. the other is eventual pick up in equipment and software expenditure by companies. we are near an inflection point for this economy where spare labor supply starts to dwindle. wages start to rise. and margins come under pressure. that's going to force businesses to invest. i think tech can be a part of that. furthermore, i still like where some of the domestically focused financials are. i think at the moment we are in a period where people have taken down interest rate expectations. people have been questioning the health of some of the economy. i think there are some large names which also look good. >> david, we're going to have to wrap it up there. thanks very much for joining us. that's it for today's episode of "worldwide exchange." squawk walk is coming up next. ♪ you're not gonna watch it! ♪ ♪ no, you're not gonna watch it! ♪ ♪ we can't let you download on the goooooo! ♪ ♪ you'll just have to miss it!

the tech giant argues the u.s. founding fathers would, quote, be appalled by a government request to unlock an encrypted iphone. apple says congress has declined to give the doj the authority to help it access the phone used by one of the san bernardino shooters. >> the drama goes on. >>> in washington, president obama is expected to announce his pick for u.s. supreme court nominee as early as today. he's li-- senate republicans ha said they will not hold confirmation hearings or an up-and-down vote on any of his nominees. >>> the morning and evening commute in the nation's capital could be a mess today as the city center subway system is completely shut down. the metro is closed until thursday at 5:00 a.m. eastern for safety inspections after recent fires. the system is normally shut for five hours overnight during the week. the shutdown won't affect washington's bus service or new streetcar line. the federal government and public schools are open. the metro carries an average of more than 700,000 commuters on wee

u.s. government need to reach out to the tech community?we know that relationship is fraught with apple refusing to unlock a cell phone. >> it's sore point to me. they should be volunteering to help. think how far down we have come. until world war ii the captains of industry volunteered with no pay to help th these people make hundreds of millions and because of our patent laws and tax codes, they have no gratitude for this country whatsoever. it just stuns me. they are citizens of the world. deirdre: no concept of service. >> by the way, all you techies, 30-something, 40-something evening nears, wearing a hoodie isn't going to convince journalists you are 20-something. deirdre: google has been asked to unlock phones that run on the android system. so this conversation isn't going anywhere. >> if they were being attacked, they would rethink it. the tech community set themselves up as defending the first amendment, free speech and the right to privacy. and in fact they are the big collectors of our data. google knows far more about the aver

u.s. banks are partnering with tech companies to make entering a bank easier. citibank is testing out current technology to enable their customers to enter a branch with an i-scan. and in pilot you can it enter instead of pulling out your card you walk by and they let you know and you swipe. >> he i'm with jen's dad. i like walking and talking to people. >> i do too. >> i like that. thank you, vinita. that does surprise you? >> no. but to find out if they still like you. >> true, too. i like it when they like you' bank. >>> ahead, we will show you the surprising range of audio recordings chosen to be safe >>> louie armstrong is one of the audios making it into the library of congress this year. the list out this morning represents recordings of songs and speeches and significant events have shaped our history and our culture. michelle miller is here for a sound preserved for future like. recording preservation board was tasked with selecting an eclectic mix of audio files which they say represent a important cultural artistic or historical moment. not i i will

u.s. government is taking on another battle with one of the biggest tech companies in the world. >> yeah, the app is designed so no one can read the messages including the company and the government claims this is a huge problem. everything you type is instantly encrypted and can't be read until the person on the receiving end open it. mark zuckerberg believes it's just how technology is evolving. >> i don't think requiring back doors into encryption is going to be an effective way to increase security or is really the right thing to do. >> the justice department has not decided whether it will sue the e company. >>> it's 5:18. and a little bit of fog as well. >> yeah, and i would definitely say a little bit because when most of you can see for miles. now there are clouds out here. i will zoom over the sunshine skyway bridge where a little bit of sea fog has snuck into the mouth of tampa bridge and has closed the bridge down. again, it's the artery between southern pinellas and western manatee county. otherwise, patchy fog and 70 degrees at 8:00 a.m. for most of us, the fog will burn off

u.s. digital services and tech experts from silicon valley to washington, d.c. to of government information systems problems. the agency estimated by mikey dickerson conformal google googe employee who affects a healthcare.gov website. he and his team spoke at the computer history museum in mountain view, california. this is about one hour 30 minutes. [applause] >> and no for tonight's program. and october 2013 the obama administration faced a very large domestic crisis. healthcare.gov, the portal the nation was supposed to use to sign up for health insurance under the affordable care act was in shambles. it was several months late and more than 300% over budget. it looked and worked, or didn't work out like the internet of 1996. the consultants and experts who would build it for the government were warning it would take millions more and more weeks not months to fix. and then something quite amazing happened, largely due to the created of the president himself, not a real team of young engineers and project managers from silicon valley came to the rescue. worki

of course, today's apple update comes before tomorrow's big hearing with the tech giant's inscription fight with the u.svernment. amid that battle apple has reportedly hired a new executive to oversee its corporate digital defenses. this is george stathakopoulos who was head of security at amazon.com and before that, ahead of security. he's been a chief in charge of mechan mega tech giants. >> do you think the timing is correct here releasing a new phone and then the event in court. >> conspiracy theorist in me, sara, i always think there's a plan. >> i wonder if he'll make his case which he's done in the public for interviews. that continues. >>> coming up on the show, oil prices dropping for a second straight session. we're keeping an eye on that. the among the reason, the u.s. rig count rising for the first time since september. joe kill duduff will be here. you're watching "worldwide exchange." hey how's it going, hotcakes? hotcakes. this place has hotcakes. so why aren't they selling like hotcakes? with comcast business internet and wifi pro, they could be. just add a customized message to your wif

between theussle global tech giant and the us eye has arrived in the u.s. congress.pple refused the court order issued in february to help the fbi decrypt an iphone handset belonged to one of the attackers from the san bernardino shooting in december. company ceo tim cook says the action with threaten and forfeit customers rights, setting a dangerous precedent with wide-ranging repercussions for security and privacy. the company says it's in the arms race with criminals and attackers and that allowing anyone to defeat encryption would be a mistake. to givee fbi asked us them something that we don't have, to create an operating system that does not exist, the reason is i does not exist is it would be to dangerous. >> it limits the amount of information that authorities can gather coul. >> trying to use unlawful tools to get the device is what you see happening in san bernardino. the san bernardino cases about that case. it highlights the broader issue and will be looked upon by other judges and litigants, but it's about the case. 1789e fbi has invoked the act that all