but we got to enforce them. >> how inferior is the steel being i believe ported compared to united states steel. >> it's really ineffect. steel making in the united states is less carbon sben sif i so there's less carbon output. there's less shipping costs. yourself close to the market. you can guarantee the quality because you know where to track down the company 'rather than finding them some place in china or korea. what's at stake here is reciprocity. we don't have this access to their markets and we don't manipulate our kumpx si and we play by the rules and we have labor regulations and environmental regulations and those are, i think, good things and things that working people need in this country. but what we don't have is a government that continually looks after our backs. i will say on this particular steel issue, this is an issue that actually, sharon brown, rosh portman, the former bush administration ustr, 57 senators signed a letter say we got to look out for our pipe and tube makers. ted cruz, john cornyn didn't sign it. texas is the number one state. i'll be in loan star texas w

by organizations targeted the chinese defendants named in the indictment are united states steel am of the largest still company in the united states, westinghouse, and of the world's leading developers of nuclear alcoa, theology, largest aluminum company in the united states, allegheny technologies, a large specialty metals company headquartered in pittsburgh. union,ted auto workers the largest industrial union in north america and solar world, it a leading manufacturing company. beingvictims are tired of raided. it is important for their government to take a stand against criminals who infiltrate and exploit their computer networks. activity appears designed to benefit the chinese own steel industry. we struggle to compete with china on the pricing of steel and other goods. our competitive advantage has been to engineer superior, stronger, and more advanced cts such as tubular goods and seamless standard line pipes. these initiatives cost of dollars in capital and research and development costs. intrusions and able the theft of this technology and blunt our ability to compete. at the

the organizations targeted by the chinese defendants named in the indictment are united states steel, the largest till company in the united states, westinghouse, one of the world's leading developers of nuclear power technology, alcoa, the largest aluminum company in the united states, allegheny technologies, a large integrated specialty metals company headquartered in pittsburgh and with united steelworkers union, the largest industrial union in north america and solar world, a leading solar products manufacturing company. these victims are tired of being rated -- raided. it's important for their government to take a stand against criminals who infiltrate and exploit their computer networks. some of the malicious activity described in the indictment appears designed to benefit the chinese owned steel industry. our domestic corporations struggle to compete with china on the pricing of steel and other goods. our competitive advantage has been to engineer superior, stronger, and more advanced products such as tubular goods, and seamless standard line pipes. these initiatives cost billi

. >> the are six targeted united states steel, westinghouse and solar world. >> cyber-theft impacts real people in real and painful ways. when these cyber-intrusion occurs, production slows, plants close. workers get laid off. and lose their homes. >> it's the first time the united states has publicly charged foreign officials with cyber-espionage and the announcement threatens us-china relations. but for attorney general eric holder it was time to seend message. >> when -- send a mefng. >> when a foreign nation uses thesing capacities against a revenue foreign nation for the benefit of state on accompanied we news say enough is enough. >> china's foreign minister called this absurd. >> government sponsored cyber-theft of other trade secrets and other information for are economic gain is not something we can are rm tolerate. >> credit it is your honor likely they will ever be arrested. sarah hoye. al jazeera. >> let's get to that. is it really a meaningful thing to say we're going to charge chinese nationals but they're in the chinese military, we're never going to be able to prosecute t

united states steel, the largest steel company in the u.s., westinghouse, one of the leading developersof nuclear technology. alcoa, the largest aluminum company in the united states. allegheny technologies, a large integrated specialty metals company headquartered in pittsburgh. the united steelworkers union, the largest union in north america, and solar world, a leading solar manufacturing company. these victims are tired of being raided. it is important for their government to take a stand against criminals who infiltrate and exploit their computer networks. our domestic corporations struggle to compete with china on the pricing of steel and other goods. our competitive advantage has been to engineer superior, stronger, and more advanced products such as oil country tubular goods and seamless standard line pipes. these initiatives costs billions of dollars in capital and research and development costs. and these computer intrusions enable the theft of this technology and blunt our ability to compete. at the time of these computer intrusions by the chinese military, u.s. steel, the st

specifically: alcoa, allegheny technologies incorporated, united states steel, the united steelworkers union, solarworld, and westinghouse electric. >> all nations are engaged in intelligence gathering. what i think distinguishes this case is that we have a state- sponsored entity, state- sponsored individuals using intelligence tools to gain commercial advantage. >> ifill: the indictments mark the latest stage in a growing u.s.- china struggle over cyber- espionage. in october 2012, the house intelligence committee took aim at two major chinese telecom companies, huawei corporation and z.t.e. technologies, for their ties to the chinese government. it warned u.s. companies against doing business with them. then, in his 2013 state of the union address, president obama called for strengthening cyber defenses. we cannot look back years from now and wonder why we did nothing to deal with real threats to our economy. >> ifill: but china has complained the u.s. government is doing the same thing to other countries, as revealed by the n.s.a. leaker edward snowden, now in asylum in russia. the

united states commercial targets by cyber means. these officers conspired together and with others to hack into the computers of organizations in the western pennsylvania area. the victim entities include westinghouse electric, alcoa, united states steelunited steelworkers union, and solar world. economic espionage. stolen in thists case is significant. aggressivean response. these officers had unauthorized access to steal information that would be helpful to their competitors in china, including state-owned enterprises. they stole trade secrets that have been beneficial to chinese companies at the time they were stolen. they stole sensitive internal communications that would provide a competitor or an azeri with insight about the american entities. the hacking appears to have been conducted for no other reason than to advantage state-owned companies and other interests in china at the expense of victims here in the night it states. this is a tactic that the united states never meant that ounces. president obama has said on numerous occasions, we do not collect intelligence to provide a competitive advantage to our companies or to the commercial sector. economic security and our ability to compete fairly in the global marketplace are

. >> united states steel, united steel workers union and solar world.espionage by members of the chinese military. the range of trade secrets and other sensitive business information stolen in this case is significant and demands an aggressive response. the indictment alleges that these officers maintained unauthorized access to victim computers to steal information from these entities that would be useful to their competitors in china including state owned enterprises. in some cases, they stole trade secrets that would have been particularly beneficial to chinese companies at the time that they were stolen. in others, they stole sensitive internal communications that would provide a competitor or adversary in litigation with insight into the strategy and vulnerabilities of the american entity. in some, the alleged hacking appears to have been conducted for no other reason than to advantage state owned companies and other interests in china at the expense of business here is in the united states. this is a tactic that the united states government denoun

several companies' computers in a -- and a labor organization in western pennsylvania, the united states -- the steel workers. the companies included westinghouse electric, alcoa, u.s. steel, and as i mentioned, the steel workers. the union. according to reports, the individuals in the indictment are accused of stealing trade secrets to benefit chinese industry which is heavily sponsored by the chinese government. this is just the latest example of the unlevel playing field that our domestic firms are subjected to. just to give you an example, in pennsylvania, like many areas around the united states, pennsylvanians are experiencing an energy revenue displawns, principally natural gas. for the steel industry it means the opportunity to sell a lot of pipe to natural gas drilling sites. our foreign competitors also see this opportunity and have responded by aggressively pursuing our market. this competition is expected and would be okay if -- if -- it was fair. and, of course, in this instance, it is not. enact our domestic steel industry is facing a new crisis. after successfully beating back unfair c

the organization started by the chinese defendants named in the indictment are united states steel, the largest steel company in the united states, westinghouse, one of the world's leading developers of nuclear power technology, alcoa, largest aluminum company in the united states, allegheny technologies, a large integrated specialty metals company headquartered in pittsburgh, the united steelworkers union, the largest industrial union in north america, and solarworld, a leading solar prius manufacturing company. these victims are tired of being raided. it is important for their government to take a stand against criminals to infiltrate and exploit their computer networks. some of the militia's activity described in the indictment appears designed to benefit the chinese--pound steel industry. our domestic corporation struggles to compete with china on the pricing of steel and other goods. our competitive advantage has been to engineers superior, stronger, and more advanced product such as oil country tubular goods and seamless standard line pipes. these initiatives cost billions of doll

it is also an economic benefit for the united states. chinese steelmilitary secrets to build their new fighter that looks like rf 35? we are using a non-military instrument to talk to a military organization about commercial practices. this is clearly the first step in a longer conversation. there are significant concerns u.s. chinese hacking businesses that build weapon systems. particular, we have seen trends for hacking associated with businesses that build propulsion systems and unmanned vehicles. watching in fort myers, florida. caller: good morning. i believe the nsa and the obama administration got caught red-handed as evidence by the letter that john chambers put out saying that technology had productsported cisco so they were able to get exported to china. in order to the criticism, they had eric holder come out and show china is the bad guy even though we have been doing it all along. what is the extent of u.s. hacking directed at china? guest: this is the challenge that the nsa program. one of the snowden disclosures is legitimate and wise

united states. motor city meets steel city. how pittsburgh escaped troubles detroit faced.ow it can turn around its fortunes. that's coming up next. >>> you may have heard that china's economy is cooling, even so, it's on track to grow more than 7% this year, breakneckcock compared to the united states. all that growth requires energy. china doesn't produce enough of it at home to meet its growing needs, especially for oil and natural gas. >> that's one factor that drove that recent mega natural gas deal between russia and china, the culmination of a decade's worth of talks. >> that's one example of how china has been pushing beyond its borders to find new energy sources making it a major player in global energy markets. patricia sabga has the story >> reporter: after 10 years of n negotiatio negotiations, china strikes a $400 billion natural gas deal with russia. while in the south china sea, chinese coast guard boats joust with vietnamese vessel over oil drilling rights. polar strategies with a singular aim of meeting china's growing energy demands. >> their appetite is h

united states. motor city meets steel city. how pittsburgh escaped troubles detroit faced.ow it can turn around its fortunes. that's coming up next. >> every saturday join us for exclusive, revealing, and surprising talks with the most interesting people of our time. rosie perez >> i had to fight back, or else my ass was gonna get kicked... >> a tough childhood... >> there was a crying, there was a lot of laughter... >> finding her voice >> i was not a ham, i was ham & cheese... >> and turning it around... >> you don't have to let your circumstance dictate who you are as a person >> talk to al jazeera only on al jazeera america >>> you may have heard that china's economy is cooling, even so, it's on track to grow more than 7% this year, breakneckcock compared to the united states. all that growth requires energy. china doesn't produce enough of it at home to meet its growing needs, especially for oil and natural gas. >> that's one factor that drove that recent mega natural gas deal between russia and china, the culmination of a decade's worth of talks. >> that's one example

united states. motor city meets steel city. how pittsburgh escaped troubles detroit faced.ow it can turn around its fortunes. that's coming up next. >> weekday mornings on al jazeera america >> we do have breaking news this morning... >> start your day with in depth coverage from around the world. first hand reporting from across the country and real news keeping you up to date. the big stories of the day, from around the world... >> these people need help, this is were the worst of the attack took place... >> and throughout the morning, get a global perspective on the news... >> the life of doha... >> this is the international news hour... >> an informed look on the night's events, a smarter start to your day. mornings on al jazeera america >> i'm joie chen, i'm the host of america tonight, we're revolutionary because we're going back to doing best of storytelling. we have an ouportunity to really reach out and really talk to voices that we haven't heard before... i think al jazeera america is a watershed moment for american journalism >>> you may have heard that china's e

>> yes, it is a concern for the steel industry in the united states and russia. legitimate question for us because we should stay competitive and it should be sustainable. this change of substitutes is -- [indiscernible] the steel industry was always able to revamp itself and you have a quality cap of product to satisfy our customers. i hope we can continue with this but there is definitely short-term and long-term yields. >> the last time we spoke -- , steelei mordashov billionaire of russia, speaking with ryan chilcote. you can catch the rest of the interview with him on bloomberg.com/tv. fascinating insights here. >> very different meeting without american executives, the sanctions -- >> this guy was hit by the sanctions as well. he sees no pressure to dispose of assets in the u.s. and doesn't feel consequences from the sanctions. fascinating. tom? >> good morning, everyone. "bloomberg surveillance" on bloomberg television on bloomberg radio and all products on digital media as well. i am tom keene. with me, scarlet fu and adam johnson. we are pleased to bring

united states. >> some of the bigger named victims, alcoa, westinghouse, u.s. steel and united steel workers union. pete williams was at the news conference. and pete, this has been a concern, a growing concern, for many u.s. companies for some time now. >> it has. and essentially what has happened here is the u.s. government is calling china's bluff according to officials here. what they say is the chinese whenever they have been accused in the past of specific cases of economic espionage say show us the proof. so what the government has done today is they will say here it is. on this date, such and such happened. it's quite a bill of particulars against specific people in china. so the logical question is, would the chinese ever send these people here to face charges, what the government today is shaying with a very straight face is, wells we certainly expect them to. that's what they said they would do, so now we're calling their bluff. whether that will really happen or not is certainly debatable, but it is an escalation in what the obama administration is doing

united states. >> some of the bigger named victims, alcoa, westinghouse, u.s. steel steel workers union. pete williams was at the news conference. and pete, this has been a concern, a growing concern, for many u.s. companies for some time now. >> it has. and essentially what has

building in shanghai, a united states security company is satisfied it is the source of many of the cyber attacks. the u.s. is saying that the targets are including businesses in the steel industry, untrue says china. these latest indictments are coming at a time of growing friction between the united states and china, but as ties between moscow and beijing are growing. putin is in shanghai and saying that the relations have never been better. president putin is isolated on the world stage but among friends here. they are facing the criticism over the territorial disputes with the smaller neighbors. putin is here and attending a summit. and hoping to se kier an energy deal with china, russia's single biggest trading partner. these russian sailors strolling on the world famous waterfront is taking part in joint naval drills with the chinese, a symbol of the new cooperation between the two giant neighbors. >> in a surprise move, the army in thailand is imposing martial law overnight and the sold aiers are patrolling the streets. the army is saying it is restoring the stability to the country. they denied military coo is underway. we have more from bangkok. >> tanks are ba

clearly the votes are there to pass the keystone pipeline in the united states senate. >> michael steeleu. >> following up on the pipeline, in addition to the idea of getting this passed, what do you see longer term in terms of the senate and house coming together around some comprehensive solutions? joe and others were mentioning the bottom up, include the entire package. is there a real desire to do something like that so you doesn't get bogged done on key stone but the senate is looking to lead the country on energy? >> one of the story that's not being told here is we've had a surge of energy production in this country and now less than half of our needs are being met by foreign oil because we have increased our energy production so much. getting our house together, that's really hard. any time we try to bring this comprehensive energy bill up on the floor, they keep moving -- it's like charlie brown. they keep moving the goalpost. first they just wanted to vote on keystone. okay, you got a vote. now they want more amendments. okay, now they want more amendments. it's almost look the

. >> these companies, northeast in the united states is an industrial state and the companies were involved primarily in areas of nuclear, schooslersolar and steel manufa. worked together and through cyber-hack were able to acquire internal e-mails and internal communications that gave chinese companies a strategic advantage over u.s. companies in litigation that was taking place. the attorney general also alleges that in some cases the market was flooded with a cheaper comparable prowrkt to a u.s -- product thanto a u.s. product and many jobs were lost and this had an impact dot united states. a specific dollar was not named. i can tell you in wider more broader cases, the u.s. faces as many as 24 to 120 billion dollars in terms of economic loss as a result of cyber-hack and cyber-espionage. this is something that president obama pledged to tackle, there was a team of officers pledged to look into this and this is the first case resulting from that pledge. >> the u.s. had been building pressure over china, china has been quick to deny these allegation he. what's the impact likely to see on already tense relations between the americans and chine

in a building, a united states security company is satisfied it is the source of many of the cyber attacks. the u.s. is saying that the the targets are businesses in the steel industry, untrue says china. the latest indictments are coming at a time of growing friction wen the united states and china and the ties between moscow and beijing are improving and the relations have never been better. president putin is isolated on the world stage, but he's among friends here. he and the president of china are facing criticism over the disputes with smaller neighbors. putin is here attending a summit to discuss building confidence and security in asia and hoping to secure an energy deal with china, russia's single biggest trading partner. the russian sailors will be taking part in joint naval drills. another signal of the cooperation between the two giant neighbors. >> to syria, the government war planes are striking the towns. this attack happened in a town 8 kilometers from the capital. al jazeera cannot verify the pictures. >> 26 people killed by government shelling and this is showing the aftermath. >> syrian opponents are saying it is a poison attack and showi

outskirts of shanning lie, a united states security company is satisfied it's the source of many of the cyber espionage attacks. they say it includes businesses in the steel industry. untrue says china. the latest indictments come at a time of growing friction between the united states and china, but as ties between moscow and beijing are improving, president vladimir putin is here in shanghai where he says relations between the two countries have never been better calling president jinping a trusted friend. president putin is isolated on the world stage. they're both facing international criticism over territorial disputes with smaller neighbors. putin is here attending a summit to discuss building confidence and security in asia. he's also hoping to secure an energy deal with china, russia's single biggest trading partner. >> these russian sailors strolling on the waterfront will take place in joint naval drills with the chinese, another symbol of the new cooperation between these two giant neighbors. adrian brown, al jazeera, shanghai. >>> u.s. rescue teams have resumed the search for four missing british sailors in the atlantic ocean. we went missing

steel, westinghouse, and alcoa. it's the first time the united states has filed charges against specific officials of mourn -- foreignnments. china is denying the charges, saying they were made up and would damage trust between the two countries. lisa what is behind this indictment is it justice? a symbolic move? justice? it. these five officials are not likely to stand up in court in pennsylvania where they were indicted and face charges, and experts also say it is not likely to slow down the chinese in any sort of economic espionage. but still there is an unprecedented move by the united states. the attorney general saying today enough is enough. they have tried for years to bring this issue up. they have tried to work diplomatically. i think they finally got fed up, and decided they needed to take some action. the consequence? we'll have to see. the chinese are already denying they have done anything. and they have now pulled out of talks between the u.s. and china on cyber security, on cyber issues, so we'll have to see where that goes. but this is a shot across the bow. the u.s. saying we don't want to put up wi

european steelmakers paid twice as much for steel in four times as much for natural gas did in the united states. foreign investors in numerous other countries invest billions of dollars in the united states to take advantage of cheap energy available here. so let me draw this to a close. time for more anti-enthusiast. [laughter] we have to reject the castastrophists proponents and reject the pessimistic view of the future and to make the mistake it is a political battle if we follow the prescriptions put forward by the castastrophists we will end up creating said dystopia we keep hearing about paving the countryside with wind turbines and planting with biofuels is the antithesis of the environmental protection. believe need had density. we should have a dance power source because those are the ideal with economic growth because they could afford environmental protection. we need optimism and of the new technology we need to harness the power of the atom and to make that a safer and cheaper and we are. we need to make energy cheaper for everyone on this planet because low-cost energy is the foun

outskirts of shanghai, a united states security company is satisfied it's the source of many of the cyber espionage attacks. the u.s. says the targets include businesses in the steely. untrue says china. these latest indictments come at a time of growing fringes betweefrick shunbetween the unid china as ties between moscow and beijing are improving. president vladimir putin is here in shanghai where he says relations between the two countries have never been better. calling the president a trusted friend. >> reporter: president putin has been isolate odd world stage but he's among friends here. both he and the president here are facing international critisism over territorial disputes with smaller neighbors. putin is here attend ache summit to discuss building confidence and security in asia. he's also hoping to secure an energy deal with china. russia's single biggest trading partner. these russian sailors strolling on the famous waterfront will be taking part in joint navel drills with the chinese another symbol of the cooperation between these two giant neighbors. adrian brown, al, shanghai. >>> to libya where there has been several days of unrest between the g

united states and those joining us from around the world, welcome. we have full coverage of the stocks and stories making headlines. alix steel with a special report on declining salmon. and the in kiev challenges of setting up polling ofces -- laces ahead sunday's presidential election. good evening. >> good evening. the latest is coming from the ministry of health in ukraine. the attack yesterday was here from the country. it has risen to 17. they have seen this in favor of kiev. five of them killed and seven will do. the country has involved the legitimacy of the election. the president of russian speaking in st. petersburg today and said he will not quibble be choice of the ledger when it comes to a new presidential winner. i spoke east of the country, finding out about what it takes to raise the barriers. victoria has supervised voting specials from the small office in two previous national elections. this week and it will be different. i am not scared, she told us appeared my life is not in danger. no one threatens me here or at home. i'm doing my job. harderjob got a little recently when armed men came to confiscate na

united states brought cybercrime charges against foreign officials accused of hacking to gain trade secrets. our reporter says that six american industries were targeted by chinese hackers including nuclear power, solarred and steel. >> the charges are unresolution determined. >> this is a case alleging economic espionage by members of the chinese military. >> today the justice department indo ited five chinese military officials accusing them of computer packing and economic espionage. >> the u.s. government says the chinese used unauthorized access and e-mails to steal sensitive information from six american companies including alcoa and the steelworkers union and solar world, the first time they have accused another nation of internet hacking. ought range secrets stolen in the case is significant. it demands an aggressive response. >> united states intelligence officials have believed the chinese government was engaging in a state-sponsored campaign to hack into united states business interests to gain unfair economic advantage. >> conducted for no other reason than to advantage state-owned companies and other interests in china at the expense of businesses in the united states. >> this focuses on economic esp

steel and the united steel workers union, organizations i've helped to file unfair trade practices bens china's state-owned companies. so it's not absolutely certainly a cause and effect, but these two internet -- entities, a steel company and union, filed unfair practices against china and now u.s. government is filing charges, legal charges against them for going after these two companies against the chinese. we won these trade cases because we held china's feet to the fire and used our trade laws to level the playing field for our steel companies in -- and our steel workers. jobs were saved, factories stayed open because of these trade cases and that's precisely why china's targeting these companies. mr. president, we know a couple of things. we know the chinese will do just about anything to get ahead economically. fair enough. but we also know that china will cheat and spy, the best example is currency manipulation which makes chinese exports more competitive when you manipulate the currency, when china sells products into the united states the price is less, basically subsidizing chinese export

state in a severe drought or worse. >> all right. >> alexandra steele, thank you. >>> for the first time we know of, someone has picked up mers, middle east respiratory syndrome, inside the united states. >> the cdc says an illinois man caught the virus from another man who had just come back from saudi arabia. the good news, the new patient is already well. >> elizabeth cohen, good morning. >> victor, christi, this is the third person in the united states who has been found to have mers, or the middle east remember pirtory syndrome. this third person it's a little bit different. the first two people were infected, got infected in saudi arabia, then they got on a plane and came here. this third one became infected in the united states, so this is now the first case of someone becoming infected on u.s. soil. and here's what happened. this third case, he had a meeting with one of the first two cases, a gentleman in indiana. so this new case, a man from illinois, and the man from indiana, had a meeting late in april for 40 minutes, they sat and they talked, they were within six feet of each other, they shook hands and that was their own physical contact that we know about. then th

united states and those of you joining us from around the world, welcome. we have full coverage of the stocks and stories making headlines today. alix steel will follow the executive controversy at the new york times. julie hyman examines a new bloomberg poll on targets data breach. we begin with phil mattingly and the cyber spying charges against five chinese monetary officials. >> an escalation of what has been a years long running battle between the u.s. and china over economic espionage and cyber security issues, the u.s. justice department by far took the largest step in this fight with direct ties to the liberation army. it charges are for economic espionage and the theft of tracy good. the u.s. felt it did not have any other choice am a something underlined by the attorney general eric holder in his press conference today. >> when a foreign nation uses tools against an american exit -- american executive or corporation to retrieve specific information for this -- for the state-owned companies, we have to say enough is enough. >> a total of six companies were identified for monthly include companies like westinghouse electric and ma

united states. that is a look at the top stories in the news at this hour. we turn our focus to the oil market. bloomberg's alix steelined by jack gerard, president and ceo of the american petroleum institute. >> thank you so much, mark. jack, great to see you. d.c. change related to oil experts ever since the crisis in ukraine heated up, officials have talked about lifting the ban. what have you know -- what do you know about that yet to >> we have taken a close look at that. no officials at the white house have been talking with serious leadership on capitol hill as well. the energy paradigm in the united states has shifted so fundamentally. we have to go back and look at the messages in the past. we need to turn that over and make it happen. expert do you -- >> do you know what kind of man they are considering lifting -- what kind of ban they are considering lifting? >> i would hope that we would have encouraged them to look at all of it. we want to make sure the government is not in the way of the market. the market is taking us some place we've never been before in this country, a chance to become energy secure

steel clip has been sent to a lab for analysis. >>> how effective are baby gates? meant to protect infants? a new study shows nearly 2,000 kids in the united stateso to the emergency room every year from injuries associated with these safety gates. that's three times the amount we saw 20 years ago. researchers at nationwide children's hospital in ohio say it's best to use bolted safety gates instead of pressure-mounted ones. >>> coca-cola will no longer use a controversial ingredient linked to a flame retardant. brominated vegetable oil is not approved in japan and much of europe but can be found in powerade and gatorade. a mississippi teen started a petition on change.org, mad the unhealthy chemical was used in these drinks. powerade has phased it out in most of its drinks but a couple of flavors still list bvo as an ingredient. the chemical is used to keep certain ingredients from separating. >>> target's ceo is out of a job. his dismissal comes five months after that massive data breach. the company removed greg steinhoffel today, after the chief information officer resigned in march. target revealed in december a cyber attack exposed 40 milli

united states. we will get the details on his newest venture in an exclusive interview right here. ♪ >> it is in 26 minutes on the hour. i'm alix steelks declining for the third time with weaker profits dragging down the financials. the worst performing sector and s&p, down over 1%. keep track on a couple we're watching -- merck has agreed to buy consumer unit for biggestion, the second consumer health transaction in a month of industry reshuffling. claritin and coppertone from their portfolio. offerl electric and their , not good enough according to the french president who said the deal does not protect french jobs. ge is still continuing to find a better deal. >> you are watching "lumber and west" where we focus on technology in the future of business. the last time we spoke with john mcafee was shortly after he had been deported from a prison in guatemala after fleeing belize, where authorities wanted to question him as a person of interest. now he is getting back into the tenseame with future systems and a secure messaging app called chatter. he joins us to talk about his new business and life after belize will stop thank you so

into computers into the united states and using that information they steal for their own economic advantage. these hackers have targeted the offices of westing house, u.s. steel, the united steelworkers union, algony technologies and solar world, five of which are located in pittsburgh, pennsylvania. the information they stole helped chinese companies in negotiations or trade disputes with each of the targeted organizations. while these indictments are the first of their kind, businesses in the united states have been facing cyberattacks like this for years. i'd like to think that these cyberspies will prosecuted and imprisonednary -- for their actions at some point but that won't reverse the damage they've done. congress needs to focus right now, today, on protecting the american workers and businesses who face these attacks every day. i would urge my colleagues on both sides of the aisle to support our amendment and begin taking the necessary measures to counter science espionage. this amendment would take the first step by determining if the u.s. government as the tools it needs to do just that. let's send a clear message to the bad actors around the world

rockefeller and oil and carnegie and steel and other industries develop the entrepreneurs that led the u.s. to dominating the world so immigrants came to the united states. the united states became the place of invention and entrepreneurship. i hope we can still maintain that in steve jobs and others give me the sense that her current group the government will get off their backs can get the job done. >> host: finally with his goes to is the problem with the idea of expertise. i mentioned the case of -- no one in the world knew more about soft drinks developing them in advertising them than coca-cola did. no one in the world knew as much as they did. they were the worlds foremost experts experts in their test shows that would work. everything they did woodwork. all the experts agreed at this problem of expertise is in just in the hoblick sector but also in the private sector which reminds the of the story about bill gates and the hype of microsoft's ascendancy. someone asked him what he worried about in terms of competitors and gates said he wasn't worried about big companies like ibm or sony or the people getting into the market and beating them at his

rockefeller in oil at carnegie and steel and other major industries developed with of jurors that led the u.s. to dominating the world. immigrants came to the united states. the united states became the place of invention and the entrepreneurship, and i hope we can still maintain that as steve jobs and others give the sense that our current group, of government would get off their backs, can get the job done. >> i think finally what is goes to is the problem with the idea of expertise. >> guest: no one in the world and more. >> host: developing, marketing, advertising. no one in the world. there were the world's foremost experts. all of the experts agreed. this problem of expertise is not just the public sector. it reminds me of a story about bill gates. the height of microsoft's ascendancies someone asked him about what you worry about in terms of competitors. gates said that he was not worried about big companies like ibm or sunday or the people getting into the market. but he worried about was some kid is draw some are doing what he had done a generation earlier that is the problem of predictability. all these subsidies, industrial steering projects a

united states made up. according to this indictment, chinese military officers hacked into an american nuclear and industrial company, or series of them-major players, including westinghouse, alcoa, some u.s. steel. the feds report the hackers stole information like product design and confidential legal strategies to give chinese companies a leg up on their american competition. >> we must say enough is enough. this administration will not tolerate actions by any nation that seeks to illegally sabotage american companies and undermine the integrity of fair competition in the operations of the free market. >> we have the fbi's most wanted posters up on the wall in all, five members of china's military face a long list of charges, including economic espionage. >> the companies are in the pittsburgh area with the u.s. attorney who handled the grand jury explaining the costs in the bills of dollars. >> but, yes, absolutely. i'm saying that this cyberhacking leads directly to the loss of jobs here in the united states. >> the five chinese military officials work from the shanghai office building known as unit 61398. first publicly identified as a base for cyberespionage last year by the american cybe

united states government was overthrown by truckers. do you remember that? it was the truckers' ride for constitution. they were going to ring the entire d.c. belt way with a corridor of rolling steels they lined up thousands of trucks bumper to bumper and slowly circling the nation's capitol and bringing the u.s. government to its knees. having the government on its knees would be a convenient position from whice

united states government was overthrown by truckers. do you remember that? it was the truckers' ride for constitution. they were going to ring the entire d.c. belt way with a corridor of rolling steel as they lined up thousands of trucks bumper to bumper and slowly circling the nation's capitol and bringing the u.s. government to its knees. having the government on its knees would be a convenient position from which the truckers would just plain start arresting the whole government, starting with all of congress. they name checked nancy pelosi and senator dianne feinstein as people they were specifically planning to arrest. but they said while we're there we're going to arrest the entire congress. they said, in fact, they were going to arrest not just the entire congress but anyone in government who they decided had violated their oath of office, including, of course, president obama. they said they were going to arrest president obama and if anybody tried to stop them, well, they had a plan for that as well. quote, if cops decide to give us a hard time, we're going to lock the brakes up, we're going to stop right there. we're going to be a three-lane road block. foolproof plan, an

united states justice department has filed criminal charges of cyber espionage against another country. six american companies were targeted. they were named today as victims of cyber attacks including us steelsteel workers union. chinese competitors, we don't know how much they got or how much of a boost this has been, but it clearly is enough for the justice department to take action for the first time. so when you hear that story in business about how your competition is eating your lunch, maybe this is the story america should pay attention to. joining me tonight in our rapid response panel, congressman john garmindi and leo gerard. great to have both of you with us tonight. congressman, what is your reaction to this? first of all, the fact that the chinese did this. we gave them favored trading status back in the late '90s and this is what we're rewarded with? how valid are the charges in your opinion? >> they're absolutely true. we've known for some time that the chrnz are the great hackers of the world. they have been stealing secrets. we see in these dwiemts. also take a look at the new super fighter plane that china put together. looks remarkably the same as the f-35. how did they g

greenblat, the president of mar lixt n steel wire products in baltimore, the company has been recognized as one of the 5,000 fastest growing companies in the united states for each of the last two years. mr. greenblat served as executive board member of the national association of manufacturers and chairman of the boards of both national for jobs and innovation and regional manufacturing institute of maryland. he's also a member of the maryland commission on manufacturing competitiveness as well as the govern's international advisory council and we welcome you here. please proceed. >> thank you, chairman whitehouse and senator hatch, members of the subcommittee on crime and terrorism. thank you for this the focus on this critical challenge of trade secret theft and the opportunity to testify today. as you mentioned, my name is drew greenblatt, the president of marlin steel, we're a leading manufacturer of wire forms and sheet mellal fabrications and make everything in the usa. i'm proud to report we also export to 36 countries and my favorite country we export to is china. we cater to the automotive and medical and pharmaceutical industries. i'm here fo

. >> the steel industry has been playing a is your value game against unfair trade now for close to 45 years. >> where are the jobs. >> agreement after agreement we're pitting the united statesr paid and lower-paid workers. >> what americans are asking are where are the jobs. >> you want to do something about this economy growing? >> and wage inequality then you have to stop sending our jobs overseas. >> we're broke. america is broke. >> so why is that? >> the middle class is being offshored. >> the steel industry is product but its having to fight for its life every day. >> where the jobs. >> middle class