i think we will see. >> but it's not all about for ubs. they raised their dividend quite significantly and their yield is among the highest in the industry and they have a pay out ratio of more than 50% so this is a positive for investors but apart from that ubs shares underperforming. now off 3.5%. back over to you. >> thank you. we're going to stick with the individual bank stocks moving around today and start with the austrian bank which plans to exit it's polish and slovinian operations. it's part of a bid to move it's capital ratio after a net loss last year. shares are up strongly off of the back of the news. the bank ceo said senior management will not receive bonuses for 2014. meanwhile new york regulators are monitoring the electronic foreign exchange program as part of a wider currency probe according to reuters. risk advisors has been higher. the report said it's off 1.4% on the news. a u.s. official warned that hsbc could see a deferred deal with the u.s. department of justice reopened. the agreement struck three years ago shie

ubs is set to fall up to 4%. we will be talking through much of this with the great interview with the chief executive of ubs. they have had better than expected profitability numbers, the hook sergio has hung his hat on, not doing the heavy lifting and investors want to see right now. michelin up by almost 3.4% this morning and radisson on its hat on the emerging markets in brazil and china. meanwhile, rife eisen bank -- raiffesien bank, it seems as though they will be selling the polish unit and curbing russian business. >> thank you very much, a busy morning. i am going to do something we don't do very often. danish cpi. consumer prices for year on year for the first time since 1954. in aligned with the estimate but plays into the bigger team a low flation global economy. you have a negative print in denmark as well. switzerland cpi in 12 minutes time. we are talking about greece, the big question for the last couple of months or years. what does it mean for the rest of the year, and minister david cameron sha

what does it mean to ubs?> everybody is focused on the currency movements, which is something that we need to adapt. the consequences is clearly the negative interest rates. at this time, we're passing the cost of negative interest rates to larger corporate clients. we cannot rule out that more clients will be affected. clearly that has some severe and devastating consequences for part of the economy. >> what is the reaction so far? but has the movement and? -- what has the movement been? >> we saw a huge amount of swiss clients buying euros. they were buying euros for shopping and holidays. i would call it temporary demand, not structural. >> they are introducing cost cuts. at what point might you reconsider the strategy? >> the strategy won't change. we have concrete plans we announced in 2015. we executed those plans. there may be pressured to speed up the execution of those plans. we have been well-planned for this environment, or in terms of what it means for cost. >> some people i have been eking to said

at least for ubs.g into those matters as part of the ongoing discussions with authorities. to produce timing on when we are going to get a resolution of these matters. manus: trying to put a perimeter around the fx investigation. was it the size of libor or manipulating the fx market. it is not a multibillion-dollar business ermotti's words. guy: let's talk about mr. jordan and the snb and the decision to remove the peg on the swissie. how did it work on the day and what is his view on the bigger picture? manus: on aggregate, they did not lose money. he did tell me that the clients rushed tobuy euros for their holidays. that is one end of the spectrum the client' side. i got very specific and i asked him did you make money at ubs on that date? mr. jordan: we do not comment. this is an exceptional situation which we feel is important to give some indication. i think on a day like january 15, to make money is quite difficult. what we are focusing on is to give the best execution. a day like that it was i

ubs is facing a regulatory probe into whether or not it helped americans evade taxes.ing to a report from dow jones citing sources familiar. federal investors have launched a probe into whether ubs helped americans evade taxes because of bearer bonds. it allows anyone to anonymously claim the indication, coupons or value of the security. a lot were banned in the '80s in the u.s. because of their means to facilitate money laundering. ubs spokespeople and justice department spokespeople declined comment to dow jones as a result of the story but it's the u.s. attorneys office in brooklyn is weighing evidence to determine whether the bank and its employees helped u.s. citizens evade taxes through the use of bearer bonds and bearer instruments. another interesting story involving ubs and possible tax evasion. >>> a big dale for the retail space. a tale of two stories, ralph lauren missing estimates; the stock falling 17%. and kohl's boosted earnings guidance, koels reports results on february 26th. what do you make of this? >> ralph lauren was fascinating. this is a premier

ubs caught in a flurry of news. joins us. >> kick off with ubs, they started the ball rolling on friday. there was news coming from bloomberg that they were being investigated by united states in terms of helping americans evade taxes. when it comes to banking and bank secrecy and improperly using securities to allow owners to conceal their identities. this is six years after a separate tax evasion case that the justice department had settled. but news today on ubs is it is eating investigated by the u.s. justice department regarding fx manipulation, currency and a galatian but this time it is structured product. it is suddenly the focus of attention with questions being raised. questions are being raised as to what bankers were doing and what commission's they were getting and did bankers stand by their legal duties to act on client interest. a fascinating story to come up later about tax evasion there. >> more from caroline on both of the stories throughout "on the move those quote and onto "the pulse" as well. >>

here is the ubs ceo. >> the strategy won't change.crete plans that we announced last year in 2015. we are executing those plans. the latest development may put pressure to speed up the execution of those plans. >> ubs is the world's biggest manager of money for the wealthy. spiderman will finally be able to team up with the rest of marvel's superheroes. a sony has agreed to coproduce the next spiderman film with disney. spiderman has been a part of sony's lineup for more than a decade. the last sequel was a box office disappointment. ironman and other marvel superheroes will be able to appear in spiderman flicks. we are under three minutes away from the start of trades. -- 30 minutes away. number 10 -- jetblue making it easier to pay for those cocktails midflight. announcing plans to be the first u.s. carrier to accept apple pay in the sky making mobile payments at cruising altitudes simple and speedy. we just wrote their tagline. >> i hate digging around in my purse when i'm in a plane. apple patent still going to be -- apple pay is

. >> not least of which is ubs which reports today. it is cutting its earnings forecast because of the strong value of this was bank -- this was frank, which soared 20% last month you ubs saw profits rise 13%. warning over potential litigation sent shares down today in trading in zurich. down 3%. not just companies that are suffering. money in poland, hungary and romania take out swiss franc mortgages in an effort to take advantage of low interest rates. the stronger franc has left many unable to make payments. >> it seemed like a good idea how the time. lured by low interest rates homeowners were encouraged to take out mortgages in swiss francs. buyers across europe, especially eastern europe, are facing skyrocketing payments after switzerland unpegged its currency from the europe. this family has seen their equity wiped out and are struggling to pay the interest. i have thought about it and i think i am about to lose the house. id -- i do not have any other options. 740 francs means 3,000 romanian lei. >> the bank is considering a lo

ubs' swiss business is suspected of illegally canvassing french customers to hide the money they were moving across the border into switzerland. profits and revenues fell by more than 2.5% but last year. the company underwent a $700 million cost-cutting program. orange saw profits fall as revenues continued to slide, the company's revenue shares dropping on that news. and china, 5% in the last years, the biggest drop on a new home index since it was introduced in 2011. 64 of the 70 cities surveyed shows another indication of the slowdown in the chinese economy. finally for now, the car hailing at uber celebrated presidents' day with a special service for customers and why season, d c you can order your very own presidential motorcade, -- customers in washington, d.c. you can order your very own presidential motorcade, copying you on your journey carrying what they are calling an uber secret service agent for sub it sounds collocated. there was no extra cost involved. this is of course them trying to replicate a presidential motorcade. not the first time uber has offered this service w

anna: ubs is being investigated over whether they have been help to evade taxes.s six years after they resolved a separate tax evasion case with the justice department. it is focusing on their securities. manus: caroline is taking those headlines to you. sales of the bt mobile network. they explored various acquisitions. meanwhile, vodafone which operates in was a big and tanzania. reports its third-quarter earnings a bit late. mark: bill gates gave $1.5 billion to the gates foundation asset trust in november. that is the embassy that manages the foundation's endowment. the world's richest man don't in 31 million shares to the software maker, decreasing his stake in the company. he cofounded the company and is ticks greasing -- decreasing to 3%. anna: tweets will start to be visible in google's search results as soon as they are posted. the agreement underscores the progress that twitter's ceo is making and getting tweets seen by more nonusers and generating more advertising revenue from a larger audience. you can join in the conversations we are having on twitter

economist, when you speak to european conrad's at ubs -- comrades at ubs, how will this impact some form of new ukraine? how does it impact the greater european political economy? >> what this tells you is that it will be very hard to expand nato to expand the european union. it puts up a real block to try to integrate eastern europe into the rest of europe. tom: we will talk with stephen king of hsbc about this in an hour but the german report on deflation is tangible. does that export over to america? maury: we do not think it will export over to america because the biggest part of inflation in our country is labor cost. they are not going up very rapidly, but at the same time they are not going down. i think we will get a better read on this this week when we get import prices data and so far we are not seeing much of a pass-through from the currency to prices, but maybe too soon to see that. brendan: one of the things we saw in the wake of this agreement last night is a little bit of movement in the polish zloty. are we going to see long-term -- what is good to happen with civility i

a warning for ubs.ays earnings may be hurt by stronger frog and negative interest rates. last month they said they will the market when they lifted the cap on the frank. they reported lower than expected earnings. in china, auto sales rose 10% last month. chinese consumers continue buying or suvs and minivans. suv sales rose 62%. local authorities have tried to limit the number of vehicles in their city in an attempt to fight air pollution. in france former imf g has taken a stand in his trial. he has been accused of arranging parties with prostitutes. he told a judge of the number of parties have been exaggerated in the press and it was not that many. one year later, and still there is no deal. i have to keep moving. if i don't i will talk about it all show. the number of prostitute parties. fabio: it is a reasonable number, really. stephanie: comcast. 45 billion dollar time warner cable acquisition. it is doing nothing. it is being examined by regulators. analysts and investors are being skeptical it

so ubs is down.o there's the fact that the wealth management isn't doing so well as perhaps the investment bank at ubs. a lot of the oil companies are lower, bp down 3%. on the upside today, some of the uk supermarkets on the sales figures that are coming through has also had a decent session. want to take you to northern france where today, dominique strauss-kahn, the former head of the imf, was actually on -- in court on allegations of aggravated pimping in regards to these alleged orgys in paris and washington, d.c. the protesters, three protesters, topless protesters, were removed by police. he actually took the stand and said this. when you read the criminal complaint you get the impression it was all fren nettic activity but it was four times a year, not more than that. he's talking about the sex parties he attended. it wasn't out of control. i had other things to do. i had political ambitions. tomorrow the headlines will read that he had basically, therefore, 12 sex parties over three years. a

. >> headlines out of ubs. trouble with regulators again. investigators are determining whether the bank misled clients over one of its forex products. they have been speaking with several employees to find out if the bank misrepresented prices on currency transactions. the wall street journal saying that u.s. authorities are looking into the hiring of the son of a chinese commerce minister. reports that he was hired despite poor performance in job interviews among other things. no one was accused of any wrongdoing by the newspaper. rallying in hong kong soon after returning to trading in hong kong. shares halted for more than one week after they announced plans to buy a troubled developer. it has said it will buy the rest -- shares do remain suspended. >> let's get back to the markets for you right now. david is watching the shanghai composite. investors reacting to the latest trade figures. >> we are watching what the chinese markets have been doing. in fact, you take a look at what is happening, what i can tell you -- let's leave it there

according to people with knowledge of the situation with ubs, investors want to know if ubs misled clientnvestment. it is more about whether the currency market has been manipulated. the 7.5% increase in the october-december timeframe in india. government economists are questioning the growth surge because the way gdp is catholic and aiming cap has changed -- is calculated in india has changed. we will have another update in about 30 minutes. coming up promoting albums to streaming to renting music, we will look at how music has changed in the digital age. ♪ mark: later today, a bloomberg exclusive. federal governor j power will be -- jerome powell will be interviewed. that is coming up at 5:30 p.m. new york time on "taking talk." -- "taking stock." jeb bush has a slight lead over his republican rivals. that is according to a recent poll. he was backed by 16% of those surveyed, followed by rand paul and governor scott walker. new hampshire holds the first primary. 25 million viewers tuning in the grammys bus night. the broadcast highlighted how big, live events still ruled the airwaves. a

swiss bank and ubs under the investigation by the u.s. justice department. looking into whether they let clients and selling foreign exchange structure with routes according to people with knowledge of the situation. the justice department is focusing on whether ubs misrepresented currency reactions price. apple gearing up for its first bond sale in swiss francs or the iphone maker hired put -- credit suisse and goldman sachs to raise the sale in the near future. the sale will allow apple to take advantage of record low funding costs with government on yields turned negative. apple issued the equivalent of 39 billion bonds in the last 21 months. twitter gets more requests from government to take stuff down. requests have jumped 84% for content removal. the most requests, russia had 91 requests. the most requests for information without -- about users. now to the lead. spacex has postponed the launch of its rocket for the second time, coming after the -- the -- the launch was scrubbed with 2.5 to go. the launch postponed to the same time tomorrow. once the ro

ubs is again under federal investigation. the u.s. is looking into whether the bank helped americans and evade taxes. the probe reportedly centers on bearer securities that can be used by catch. ubs solved a separate case with the justice department six years ago, tom. tom: in the soap opera known as radioshack, the bankruptcy can be coming in hours. the beleaguered retailer reported in an agreement to have brendan greeley make one more radio with transistors, not semiconductors. brendan: i made a robot, and it did not work. tom: the deal calls for radioshack to sell stores to sprint and remember, amazon was rumored for some of those stores will of the remaining 2000 out little be expected to be closed. brendan: this is a sad moment when what used to be a company becomes a real estate play. tom: absolutely. a moving data check, i literally had to rewrite it twice. euro advances of all the news in eastern europe. nymex crude, you saw the pullback yesterday $49.27 on american oil. the fix, 18.33, and there is the doubt, really resilient

six years ago, ubs settled another tax evasion case with american authorities.s a look at the top stories we are following this hour. global monetary easing may prove to be a big positive for the u.s. credit markets is year. mark kiesel chief investment officer of global credit pimco joins me from newport beach, california. good to see you again. >> good to see you. >> the united states is distancing itself from other major economies. is there anything domestically or geopolitically that can throw the u.s. off its stride? ask -- >> the u.s. looks pretty good and a lot of it is because the private sector is doing well with job creation, income growth, and a strong banking sector. everything seems to be going well in the u.s. interestingly enough just back from europe and clients are looking to put money into the u.s. market and the catalyst is global qe. mobile qe is compressing yields outside the u.s. down to zero and negative rates in places like europe and japan. -- global qe. they're looking to invest in the united states now. >> will week growth and develope

a former ubs banker who won a $104 million whistleblower award after serving time in u.s.n for tax conspiracy has been summoned to testify in france. that is according to a court filing. he is seeking permission to travel to paris for the case, which is an investigation into whether ubs and tax fraud. >> what makes a good leader? is it something that can be taught? we are joined by a mentor to ceo's and a best-selling author. david, thank you so much for coming to talk to us today. how do we become the best that we can be? >> i am struggling myself. i think that everybody has an idea of what the best or a better version of themselves looks like. i think every day, we face hundreds of choices about how we can behave, react, respond. we always know if we could have done a better job and if we become more conscious about what we need to do to get it right most of the time, i think that leads to better self-awareness which leads to better self leadership. >> it is how we judge ourselves different to how we judge others. the criteria is different. >> i do not think how we judge

six years, ubs settled another tax evasion case with u.s. authorities.or angela merkel and the president of france are on a mission to moscow. they will meet tomorrow with vladimir putin over the fighting in ukraine. verse he will stop in kiev where secretary of state john kerry is meeting with ukrainian officials. >> social media users in china are slamming argentina's president who is on a visit to aging. she published a twitter post mocking the chinese accent. she said it was a sign of affection. i had not read the tweet. i read it and it is not good. >> as much as i think give people a moment, give them a beat -- i'm not sure how to give them a beat. ask you cannot say i'm sorry. you have to type it and it's not the same. it's time for some final thoughts with our guess -- our guest host, jeff clavier. we are going to say word and you say the first thing that comes to mind. apple tv. >> so bad. >> so bad? >> i'm so disappointed. it barely works. we can barely connector computers to them. >> fascinating. marissa mayer? >> poor girl. >> really? >> it's

ubs has posted its 2015 gdp forecast for latin america. gdp was cut to -5/10 of a percent from 6%.n driver reduction in commodities. venezuela was reduced to -7% from 1.5%. that's your latin america report for this tuesday. up next, a bloomberg exclusive. matt miller has an exclusive interview. we continue in a moment. ♪ >> welcome back. it is 45 minutes past the hour. let's check bloomberg world news. india's prime minister has suffered a huge setback. his party has been trounced in state elections by an anticorruption party. the world's best-selling luxury car brand finished only third in that category last month. both audi and mercedes beat bmw in january. bmw sales rose just 6%. both audi and were sadie's have vowed to -- and mercedes have vowed to recapture the luxury carmaker crown i 2020. we will have another update in about 30 minutes. in other auto news, a bloomberg exclusive -- sergio marchionne says ferrari could go public by july. matt miller sat down with the chrysler automobile ceo and joins us in studio. that is pretty big news. >> he told our print reporter mark clo

justice department is investigating ubs. a wider probe into manipulation in the fx market. tony abbott has forced a leadership challenge. the vote weekend tony abbott's position. but he defeated the challenge. imports plunged the most in five years on falling commodity prices and weak domestic demand in china. it complicates the chinese government's management of exchange rates. we are going to take a break. after that, more on russia and its central bank. ♪ o these are the bloomberg -- "the pulse." inflation is set to slow in russia. the bank of russia will stick to its plan to avoid currency intervention unless the ruble swings toward financial instability. greece's prime minister has reaffirmed his governments rejected -- his government's rejection of the bailout program from the eurozone. his speech comes two days before an emergency meeting with eu finance ministers that sets them on a collision course with greece's creditors. >> a new contract between greece and europe would be reflected in a midterm plan with national

i just got this this morning from ubs. read out -- "temporary distortions of the chinese new year along with the u.s. dollars long -- large move upward contributed to the sharp deterioration." here is the key point -- "excluding these factors, we believe that external demand an underlying export growth stayed largely firm." she says the situation is still pretty good. according to her, she is saying that there are distortions going on right now and that she is not changing her forecast for trade at 7.5% for the full year and 3% growth this year. that is ubs in the last couple of minutes. >> thank you so much for that. coming up next, the arm wrestling over greece continues. who is likely to emerge as the winner? we will ask our next guest after the break. ♪ >> welcome back. you are watching "first up." let's check in on some bloomberg world news headlines. three more bodies has -- have been recovered from the taipei,ia crash in bringing the confirmed victims to 38. it has also been revealed that trans-asia wanted to delay

and ubs is a small brokerage firm in the middle of an investment bank that's whittling down.on the other side. we'll see if it leads to it. i can't see brokers at morgan stanley moving to merrill, which is owned by bank of america, where they have to sell like the-- >> how about this? be grateful for the job. a little bit of that. >> clearly, there's something going on besides morgan stanley. we don't want to make light of it. the brokers there are up in arms. it's a big issue internally. >> we should point out that greg fleming runs the brokerage department and james gorman, ceo comes from merrill lynch's brokerage department. smart guys, but they have the work cut out for them keeping people in line because, i tell you, this is the stuff that leads to people leaving. my only caveat about people leaving, you know, you're going to go to merrill? >> or you go to a hedge fund or private equity. >> brokers. liz: good point. >> it's not that-- >> start your own business. >> i guess so, you can always sell herbalife shakes. by the way, so you know, say what you want to herbalife,

. >> nigeria ub votes votes for a new president next week. most of nigeria 170 million people still don't have access to power. yvonne ndege talks to people who have been affected by the shortage from gwair. >> homes and business he every day starting a generator to provide leverage. victor needs a steady supply of leverage. he has to spend about $25 a day on generator fuel. money he could spend on his business. >> they are supposed to provide leverage for us. they are not doing things that should be done. now our action is, we went for protects yesterday for this leverage. >> to get an idea how serious this situation is nigeria need about 80,000 and they get with 4500 a day. how plefnlg has been leverage is being distribute over the years governments have spent more than $40 billion trying to provide leverage for nigeria. but today less than half the population have access. president goodluck jonathan introduced a privatization program to try and improve things. the hope is that private companies will do a better job of generating and distri

we described him as a powerful ub elected member of politics. how powerful is he? >> 85% of republicans in the senate - nothing is done in the kaub suss unless grover nordquist agrees with it. everyone agrees that for him to sign off on a policy, that policy can be done. if he doesn't give the okay, forget about it. >> the power of americans reform in a presidential election, if jed bush gets the nomination and ... >> that is something i'd see. proof that trickle down economics doesn't approach, i put it to the powerful antitax advocate. grover >>>as we saw in david shuster's peace, kansas has been dealing with short falls since a march to zero taxes by governor brownback. he insisted state will be on course. he has proposed a tax increase to stem the tide on alcohol and tobacco. it has grover norquist reasoningry. he is the founder and president of americans for tax reform. i cracked a smile. you hear people say how powerful you are, i'm curious to your response. people say republicans are not elected if they don't sign your pledge, is that true? >> the pledge is

julian emmanuel with ubs. let me do a forex report.n riau and indonesian rupiah, it is one of the weaknesses out there with the euro holding, as well. we have another hour of "bloomberg surveillance." good morning. ♪ . . >> this is "bloomberg surveillance." tom: forward guidance is so 2014. a data-dependent janet yellen reports to congress there will be no slack in the debate over the fed's future, and everyone is a critic. all is quiet for the most part in ukraine, and greece. in germany, a bit frantic. lagarde and the imf looks for "a meeting of the minds." global deflation is here. it is clear it is a present danger. good morning, everyone. this is "bloomberg surveillance." we are live from our world head quarters in new york. it is tuesday, february 24. i am tom keene. olivia sterns has comcast headlines and earnings out right now. olivia: i see a little bit of a messiss on the topline, fourth-quarter revenue coming in at $17.73 billion. tom: increase of 11%. olivia: the big thing to look for today from comcast is what management h

she's accessible to close friend but as a result of all the hub ub about the new book there's a security guard outside the door of the assisted living place to keep away the public. >> how is she regarded in south alabama. if you ask alabamans of harper lee and the jim crow south, is she well thought of? >> there has been two minds or two opinions about harper lee. on the one hand there's a progressive attitude. she wrote a tsunami of historical change. we were on the lip of the civil rights movement and she brings us a compassionate book putting us in the hands of an innocent 9-year-old and walks us through a dangerous situation. there's those that think she sold out the south. she received a lot of hate mail after the book came out. and there are those that think it's paternalistic, no longer relative but i disagree. >> "go setter watchman" was set in the "50, closer to the time it was written, and a complicated time in alabama. >> there was an overlap. the title refers to the moment when attacus is sitting outside the country gaol waiting for the vigilante mob. he's the watchman. in t

. >>> ub senior looking to get a head start on the auto industry and is looking for pennsylvania for help. they are working with carnegie melon university to develop driverless cars, this could be the future of uber, after google announced a driverless car, a sign of the competition between the two companies. >>> still ahead here, an oscar frontrunner pulled from the theaters in the middle east. and it pulled it out of theaters in iraq. >>> and we'll tell you the new adventure for anna, elsa and olaf when "action news" comes right back. and for something really simple, play the all-new pick 2. easy to play. simple to say. alfonso salpingdis can appreciate a simple name. that's why he likes pick 4 from the pennsylvania lottery, they've given all your favorite numbers games new, simpler names. and for something really simple, play the all-new pick 2. easy to play. simple to say. . >>> some brave wisconsin residents had women showing up to race snowmobiles in their bikinis they raised $50,000 and most of the that goes to breast cancer research. one even set a record in a bikini! >> rick

although the wind speeds will ub subside a little bit, the wind chill will be between negative 20 and negative 30. now we are at negative 2 actual temperature in the poconos. temperature of 1 is 1 degrees. 13 in wilmington and closer to the single digits. we head into the rest of tonight. a closer look at the satellite radar shows quiet conditions to get the best cooling we need clear skies, calm winds. we have fresh snow. we are going to see more clearing. that will contribute to how cold we are going to get. we are going to continue to see the cold arctic air from the northwest. our future one speed into tomorrow morning. breezy up to 25 miles per hour for our wind gusts. up to 22 in philadelphia. 32 in atlantic city. 27 in tom's river into the rest of the afternoon we'll see the wind speeds dying down. it will be a coldle day as you head into monday. as far as tonight is concerned, dealing with dangerously cold wind chills. anywhere between negative 25 to negative 20 degrees. our actual temperature for the poconos gets to negative 9. negative 3 in quaker town and redding. northeast

so i wanted to join in and go through coach ub and you guys can find more information at coachup.com.you also -- you look great right now. you did had a pretty fancy beard. i'm gonna give it up for you. is this a full season beard? >> no it was like two months. >> seth: this was two months? cause this is really fully impressive. i mean -- [ applause ] when did you decide to shave it? >> i decided to shave it after the parade. >> seth: yeah. because you went to the grammys, right? and if you're wearing this everybody is like oh i love mumford & sons. [ laughter ] you didn't want to have that happen. >> i wasn't nominated. i had to shave it. you know i shaved it just because my mom didn't like it and it was one of those things were, you ate food and you really smelt it for the next five or six hours. >> seth: yeah. >> so i had to shampoo after every time i ate. >> seth: you go to restaurants, they do have a shower. >> exactly. >> seth: how was the parade? an incredible city to its players. >> it was unbelievable. you guys saw it. we had, what, seven feet of snow. i don't know the meter

one is is this the final of bank secrecy, because there are several cases brought against ubs and other swiss banks. it has other implications for hsbc. there are several issues. while stephen green, who is in the firing line for this particular issue, a chief executive at the time, who later became trade minister, who has refused to comment on this, we will see what he says, and this will depend on when they knew and what the tory government new when he was made a minister. that was in 2001. and hsbc is operating already under a deferred prosecution agreement with u.s. authorities. while this was a very long time ago, they told the financial times that they are looking to see whether any of the conduct involved was a tax evasion issue, which could affect that agreement, as all, and then it is a nether question of do we trust our banking system. this kind of stuff that is going on as you say, handing bricks of cash to wealthy people, a sign of how rich people are believed to get a different shape than you or i would we go into our local hsbc branch. >> they might be able to recover any

i think it's a misconception that should be cleared up that the cl ub is against preserving the legacy of 1934, the legacy of the building in that triek t -- strike and the legacy of harry bridges. they consider this to be an asset and the club's purchasing. the building is an opportunity to get the unions history out there. the secretary of treasure of the international is also a member of the board of commissioners. he called me, he says, these people called us. they called us first. they want our input. we met with the club robin walker with the club, the club said, i'm going to put up a plaque. we want to put up an exhibit. we want to i am size the role of the union's past with this project. would you help us with the plaque. help us wroo it the plaque. the club voted in favor of the plan. the club organized a panel of academics leading authority on -- harry bridges. the club has accepted every suggestion we have made all the way along the the line. they put it on the internet and radio and asked for the autograph of the stuart side of the building. this will be good not just for t

then all of a sudden he jerked --÷úb' and all of a sudden he goes for7fexc it. i jerk it +)k(Ñaway.e gets >> reporter: the teach ran off but came backg#0ñthe parking lot ten minutes later. witnesses spotted him and got his license number. police pulled him over and arrested him for strong armq,qx robbery. they found $300 on him. he told police he tossed the cash boxs'r in a nearbyód!ñ creek. av canine officer found it. the girls got their money on too ár the" =ñ troop $60 cash. now i talked with sophia's mom and she saysç while this experience was certainly very scary for her 10-year-old 4ó nebuzw many people here who were shopping trooid stayed for about an hour trying to help track down this guy and how the police reacte;÷dj$e quickly to catch this thief. she's] her 10-year-old daughter willcgfsé remember, the kindness of strangers. reporting live in san h71hzjose marianne fab row. back to you. >> that's cool how everybody stepped up including the policepk÷ officers, too. >> she is kinb:fñ of a hero.#me?)&ty >> i can't think of many people off the top of my head who don't en@%

it's an ub -- it's an obscure order involving parking signs. >> we give them to you. we ask them to be familiar with them. if you don't know them sooner or later you're going to get in trouble. >> reporter: the commander hilton burton would also be eventually demoted. >> this is a classic whistle blower case. i phoke about it. >> reporter: he says it's because he testified before the council that the police department routinely escorted celebrities because there were no procedures. >> mpd had a practice of conducting such escorts and there was no clear policy in place to govern them. >> reporter: chief lanier says departmental rules say the president, vice president and heads of state get escorts. anybody else can get the same but only if approved by an assistant chief for security and safety reasons. closing arguments in this case tomorrow morning. bruce johnson reporting from superior court for wusa 9. >>> big news from inova tonight. the medical group is buying a 117-acre site that's now the exxonmobil campus and turning it in to a hub for medicine. mcauliffe was o

we described him as a powerful ub elected member of politics. how powerful is he? >> 85% of republicans in the senate - nothing is done in the kaub suss unless grover nordquist agrees with it. everyone agrees that for him to sign off on a policy, that policy can be done. if he doesn't give the okay, forget about it. >> the power of americans reform in a presidential election, if jed bush gets the nomination and ... >> that is something i'd see. proof that trickle down economics doesn't approach, i put it to the powerful antitax advocate. grover >> you know how they say that everybody has a pupose in life? well at one time i felt that selling cocaine was my purpose. >> we was starving just looking for a way to succeed. >> the first time i seen rock cocaine was 1980. >> the murder rate was sky high... >> south of the 10 freway, was kind of a no man's land... >> ...you know... we're selling it to the blacks... so you go into these neighborhoods there's no cops, you can sell where you want, and when they start killing each other, nobody cares! >> i was going through li

the report says they will be looking accuracy-linked investments that were offered by barclays and ubs. the department of justice in the united states is investigating whether the banks do not disclose the profits they were making from currency trades. >> we and the bulletin with fears over the chinese economy, except that some things never go out of fashion like fine french food. and drink. >> well, drink it specifically in this case. this is a company that markets and bordeaux wine in hong kong. they say that excessive supplies on the market have driven prices down, but the demand for borderline is back at levels not seen since 2010. rising back to the level they have not seen since 2010. the demand is being picked up particularly by collectors in hong kong, the most treasured labels going for the higher prices its 2005 and in 2014, the company said that wind traded on the platform rose by 22%. >> all right, let's get a drink after this, stephen. more news on "france 24." oliver ferry joins us with international and french press review. a close run by election in france that saw the

and will is no word on when ube -- there is no word on when uber will make it available though here in the bay area. >>> this valentine's day is extra special for one bay area couple. they just celebrated their 80th anniversary. and we asked them, what is your secret? >> as we look live toward the bay bridge, record-breaking heat in the bay area today. we will have the forecast after >>> apparently, the over the top romantic gestures associated with valentine's day aren't necessary for a long marriage. wilbur and myrtle daily of clayton have been married 80 years. they were married february 10th, 1935, in myrtle's hospital room, because she had been in a car accident the day before their planned wedding. neither one admits to being romantic but during the 26 years in the military for wilbur, including serving in world war ii, the couple was never that far apart. >> we wrote regularly. >> every day. >> i would say she wrote me every day. and i wrote her every three or four days. and like when i was in germany, i lived in a hotel all the time. >> he is 101. she will be 100 in march. they

. >>> when we come back, a treasure hunt in the most ub unlikely of places. >>> "nbc nightly news" is brought to you by pacific life. for insurance, annuities and investments, choose pacific life. the power to help you succeed. >>> there's no map, no x that marks the spot but there is buried treasure out there ready for the taking. not on a desert island but in your observe city or town. you have to go through the occasional banana peel before it heads to the land fill. >> reporter: matt malone ends up in this position almost every night. it's worth it. what's the biggest payload you've ever hit in a dumpster? >> i would say the one that's over here, all these servers. >> reporter: the day we visit? malone's unloading $10,000 worth of computer equipment he discovered down the street. a huge score for this security analyst by day, by night in search of shopping centers and industrial parks, a professional dumpster diver who sells his finds online in austin a city of start-ups where even the trash is high tech. >> i think somebody, if they focused full-time at it, could easily make six

ubs think it will be the first time we get the integration of these numbers.etty positive what they do. it could deliver 50% growth per year in terms of earnings. good increase earnings per share -- could increase earnings per share. will help them compete for rights. introduce new products. this is a company under transition. it is also moving into new products. thank you, bt. you have basically shoved a rocket under the industry. bp is an exclusive discussions to buy it. it must do and mobile to its tv broadband and landline operations. sky is saying, what are we going to do? they have been talking to vodafone. able to sell mobile packages as well. >> sensuous to regulate carefully. >> -- she wants to regulate carefully. >> this is the big elephant in the shape of a football. [laughter] >> it is amazing. it is the jewel in the crown when it comes to sports. football is a most important sport for the united kingdom. therefore, people are worried that sky could lose its dominance. they have owned priced packages in the past. that means 28 games times five. now

i hate to ruin your morning investment firms from ubs to invesco are saying watch out. the stage may be set for another financial crisis. two things are convincing them. the recent plunge in oil and the big swing in the bond markets. there something more to it. not just with the swing but who is holding our bonds. i want to bring in our bond girl, lisa who wrote this. right when we are feeling good, markets are at record highs. lisa: one analysts are generally paranoid. what we are moving to is less of an active bubble scenario and more to concern about the fragility of markets with central banks embarking on unprecedented programs. you have a quarter of all central banks with negative yields. people are saying what is going to happen is not that yields are going to spike up some volatility that has been increasing in currency markets oil markets, treasury market will disrupt the fragile and tenuous calm we've had and things will go haywire. like what we saw last year when treasury yields plunged. it was a dramatic move out of the blue. betty: it was sudden. one thing t

project are that's according to a top secret table are cable obtained bite al jazerra investigative ubeant the spy cable shows south south african military has kent state inning tell against in the arc. dark. >>> isil has reportedly freed some of the men they kidnapped four days ago. they leased around third. but till shoulder around 90 men and 10 boys. >>> protests have continued in venezuela over the death of a teenager who was killed by police demonstrators rallied outside the vatican's diplomatic mission in caracas demanding an intervention from pope francis. >> reporter: thousands of students took to the streets of san cristobal tuesday to protest the recent arrest of opposition figures and venture voila's mounting economic woes, this video, widely circulate odd social media shows the moment just after 14-year-old, wearing a high school uniform and a backpack was caught in the confrontation. and shot in the head by a policeman. >> translator: i saw the boy there with his brain spilled out. >> reporter: this is the voice of one eyewitness. who did not want to be seen on camera. >> t