by the way, knauth is usg's second largest shareholder.f usg jumped on the news. >>> the r ailer finish line said it will sell itself to britain's jd sports fashion for more than $500 million. finish line said the merger gives it a stronger position in the athletic apparelspace. shares finishedstron, up 31%. share of general electric fell today hiteang a nine-year low at one point. there was no announcement by the company that prompted the drop, eet a "wall sjournal" article published last night raised questions about risks that could stand in way of the company's turnaround. the report said investors could face stemming from ge's former lending businesses and the company'sxposure to subprime loans. ge shares finished down 1% to $12.89. and campbell's soup has mpleted its $ billion acquisition of the snackmaker's snydance, it will shift campbell's focus away from meals snack products. the company is changing its name to campll's snacks. ampbell's soup rose a fraction today. w, changing the name. >>> nation's oldest gunmaker remingto has fi

usg.of the building materials company are soaring after it rejected a $5.9 billion bid from -- clearly investors are happy. abigail: the stock having its best day since 2009. if we look at their business, they are involved in american chips and -- american gypsum, sheet rock. usg is saying this undervalues them and they know value. top berkshire hathaway. is the number two shareholder. they like this company there already involved in. usg?e: what does it see in what they like is that it signals there is strength in the u.s. housing market. this company is in the middle of a turnaround. we have a great chart that -- out of the housing bubble piece, this drop in new homes now back above $1 million. it signals they think this is going to continue. they cleaned up their financials and many analysts are saying they think this is not the last we would hear of it. will be following this potential deal very closely . that was our stock of the hour. , 5:00 p.m.g up london, more coverage of the glob

this was a study done by usgs and yourg. department excluded e reference global climate change this is why ask the question. reports they use the term climatehe change do you edit those? do you censor them? c >> i believe the rapport you are speaking about was not edited at all. it could have been interpreted because it's a press release and not the report but any reference reference, and the allegation. >> excuse me i have to correct you mr. secretary because the speakers abstracted that sentence. this isn't the first time there's an issue of whether or not the administration believe that climate change is science-based so this is why we have some concerns about what the policy of your department is whether scientists are able to make certain statements based on science that includes the term climatech change. you are sitting here telling me that you do not censor or edit out references to climate change change. please answer yes or no. >> are you suggesting that we change the document itself? >> i'm asking you whether the

the usgs delivered a critical minerals report. america should read it. >> they would find out how vulnerable we are. sec. zinke: we really are. as a former ceo, the number of components a modern warrior has that we rely on overseas for a lot of it is a national security issue. usgs has not prioritized and focused on basic field mapping in a long time. we think we can get there using new and modern technology. uavs, magnetometers. ago, it's labor-intensive, it's going to be a long time. modern techniques, particularly uavs, we can catch up quickly. the usgs has to prioritize this. it is in our national interest to do so. geologists won't be able to see what is below the surface. as a geologist, i'm confident we can catch up. we're going to focus on the areas we think are the best value. and the greatest potential it will be a long time, remapping the united states. when you look at our current mapping, canada has done a good job. when it gets to the border, it stops. we have to look at critical minerals to make sure we do our part

this is a scientific study done by usgs. your department released a press release on this report but it excluded the reference to global climate change driving sea level rise. his is why i ask the question. reports that use the terms climate change, do you edit those out? do you censor -- secretary zinke: i don't believe the report itself it was edited at all. the press release could have been interpreted because it is a press release not the report. reference, any allegation that one of the -- senator hirono: i have to correct you, mr. secretary. paper, abstract, did have that sentence which you did -- you exclude interested your press release. this isn't the first time the issue of whether or not this administration after it believes climate change is science based. so this is why we have some concerns about what the polcy of your department is. whether your scientists are able to make certain statements based on their science that includes the terms climate change. if you're sitting here telling me you do not censor or ed

the board rejecting the unsolicited bid requires all shares of usg $42 a share in cash usg argues theompany. not in the interest of shareholders stock trading just about $40 go back and look long term over this, this stock peaked back in 2006 right before the housing crash that's when it was trading well above $80. in fact, look at that. quite a bit higher this is the stuff in wallboard you use in construction of homes. suffered since that time really never recovered from that even on this news, stock up by almost 20% to below offering price at $42. >> and flatsham and gypsum, gentlemen, is in wallboard. >> jepsham, sounds like gypsum. >>> meantime, strengthening underlying business conditions these shares up a little over 2.5% right now. >>> apple ceo tim cook and ibm ceo called for more oversight how personal data is use after facebook's data scandal. speaking in beijing, cook saying the situation is dire. fermeti said if you're using the technologies tell people you're doing it and they should never be surprised i agree. >> just crossing the wires right now, pep boys is a spending

i think everyone up here thinks usg should get out of the business. go ahead. >> rob shawl, usg. homeland security. i think my question dove tails nicely the last two, talking about the information influence based and building resilience. what viability do you see in a german style law or approach that says social media companies should have a reporting mechanisms by their users for this kind of information and maybe a reporting mechanism to the usg on how they handle that. do you see that as something that could work here or would that run afoul of -- >> so the first part of social media companies having a mechanism so users could report content that's in violation of terms of service essentially and having an effective mechanism. i think you're seeing a movement towards that by our social media companies already. the question of then whether that required reporting to government that would be a much more difficult -- maybe not desirable to mandate. there's huge brand incentive though. depending on the type of activity. if it's criminal or other type of activity. to do those rep

the usgs delivered a critical minerals report. america should read it. >> they would find out how vulnerable we are. we really aren't of a former ceo, the number of components that a modern warrior has that we rely on overseas for a lot of it is a national security issue. usgs has not prioritize and focused on basic field mapping in a long time. we think we can get their using new and modern technology, uabs, .ega commenters -- megatometers 20 years ago when you felt out the field map, it is going to take a lifetime. we can catch up quickly. prioritizes has to this and that is a national interest to do so. the best field geologists would not be able to see what is below the surface. as a geologist, i am pretty confident that we can catch up and we are going to focus on areas that we think are the best value and the greatest potential. it will be a long time remapping the united states. look at our current mapping in north america, canada has done a pretty good job. we also have to look at critical minerals to make sure we do our p

they just say usg is sensitive to interest rates, therefore it's going to go lower as rates go higher. i got to tell you, this is the guilty till proven innocence thesis since i started buying stocks in 1979 jack in massachusetts. chak >> caller: big boo-yah from massachusetts. thanks for taking my call. my question is illinois tool works. it's dropped significantly i was wondering what your opinions were with all this volatility >> you've been reading my mind i've been going with my team for action alerts. we're trying to figure out what to tell club members we have a small position left. i am not going to fight anyone from taking a profit in itw. when the smoke clears on this one, it could go much higher but you know what, i understand. this market is tough if you wanted to sell it, be my guest. when two stocks in the same group have disparity, it's worth examining why. both lowe's and home depot are fo good spots stick with cramer. ♪ (nadia white) the moment a fish is pulled out from the water, it's a race against time. and keeping it in the right conditions is the best way to get

accords to go usgs, the epi center is two miles north of piedmont off of highway 24. as of right now, there have been no reports of any damage. new video shows the terrifying moments for one snowboarder after an avalanche buried him alive at squaw valley. had this morning, we're hearing from one of those heros who jumped into action. >> so we dug him out, got him sitting up. then his wife came up and, obviously, tears of joy right there. >> abs >> the snow is piling up. five feet is expected by saturday. but all that snow has created big danger. >> people are crying for help, you have to go help them. >> he's wearing the brown and black jacket helping dig out a snowboarder buried in an avalanche in squaw valley. >> about 30 seconds later, people started screaming, yelling at each other, trying to find their kids. >> five people were trapped under three feet of snow. the ski patrol says he was buried for six minutes. one witness crawled 30 yards to reach him and clear the snow from his face. >> we started, like, screaming at him and shaking him and he came to. and want

sean, ust. -- usg. question is to you specifically, what viability do you see in a german style law or approach that says -- social media companies should have reporting mechanisms by their users for this kind of information and maybe a maybe ag reporting mechanism to the usg on how they handle that. do you see that as something that would work here? of socialst part media companies having a mechanism so that users could report content that is in --lation of terms of service i think you're seeing movie -- ourment toward that from social media companies. -- that will be more difficult and not as desirable. huge incentive depending on the type of activity to do those reports or do them in scale, ultimately. and we are in a world of multinational corporations where you need to operate or abide by the values of multiple countries and legal systems simultaneously. countries inf europe are going to affect -- sometimes they can be confined to the country, in the case of france where certain content, if you had

there's no need -- there's no evidence that says that that map that we have from usgs and cdmc is not adequate. we have seen no evidence of problems there. why not use that good science that we have? if we decide that, in fact, that map is not adequate, that there are, in fact, landslides that have occurred and damaged houses outside of that area, then where is the basis for 25% as a slope that is a trigger? maybe, you know, if there is a problem, maybe that basis should be a different number and maybe it's 20%, pain it's 30%, i don't know. i'm not suggesting that we use a strict slope measure as a means for determination in the first place because some areas of rock are much more stable than others, but the 25% just seems to be -- to me to be a very arbitrary number with no basis behind it. >> wasn't it included in the map that you're discussing as a criteria? >> it was in -- the older criteria, yes, before we had the good information that we have now. it was a number that was based upon judgment at the time. >> now we have more detail about where specifically the danger might occur

the usgs reports a magnitude 2.8 quake hit about two miles from berkeley. it was centered near piedmont. there are no reports of damage nor injuries. >>> a san francisco firefighter whose job includes saving lives now finds himself behind bars for potentially endangering lives. court documents show the firefighter had a, quote, arsenal of assault weapons at one of his san francisco properties. all that, even though there's a temporary restraining order against him. "today in the bay's" sam brock has more on the firefighter's back story. >> reporter: inside a mundane marina apartment building, police this week managed to dig up a mass stockpile of weapons. >> tuesday midday, they started pulling out some rifles, probably about six or seven of them. >> reporter: people who work and live in the neighborhood described the unlikely scene. >> you just never see anybody coming in and out of that building. it's just bizarre. >> reporter: in its motion to detain without bail, the government describes searching this property on buchanan and grenich, uncovering an ars

and usgs is one of the exampls s of the 2019 budget proposed steeper cuts than those in the 2018 budget. so fourth, the workforce. these cuts are going to threaten our ability to train the next generation of scientists, and resource managers and decision makers to translate science into effective climate policies and approaches. federal research funding fuels our ability to conduct important res research, but also to educate and train the next generation of scientists and engineers. reduced academic research funding is going to have a short term project impact, and longer term impact on the technical workforce. students' decisions to follow a career path are impacted by the perceptions of the future funding and support of the field or industry. if proposed reductions of the climate industries are founded, fewer will have the opportunity to gain hand's on research information for desired careers. and cuts to the cerd will cut up to 25 people including senior scientists and post doctoral scientist, and students and research technicians. although the cuts are less severe in 2019 budget, th

usgs is one example of the 2019 budget proposing even steeper cuts than those in the 2018 budget. so forth, the workforce. these cuts will threaten our ability to train the next generation of sciences, resource managers and decision makers who can work together to translate science into effects of climate and environmental policies and approaches. federal research funding fuels our ability to conduct important research but also educate and train the next generation of scientists and engineers. reduced academic research funding will have short-term impact on individual products but he will have longer-term impact on the technical workforce. students decisions to follow a career path are impacted by their perceptions of future funding and support of the field or industry. this proposed reductions in r&d funding in the climate at a private agencies are implemented, , fewer undergraduates will have the opportunity to gain hands-on research experience that it showed to prepare them for scientific careers. as i said earlier cuts to end this out in the cef r&d portfolio will produce up t

. >> we've been checking with the usgs. there have been two quakes in the gilroy area. 3.6 and actually it was downgraded to a 3.3 magnitude quake, it hit about 4:38 this morning. just after that happened a 2.6 magnitude quake was registered. both were centered about six miles east of gilroy. this is a look at our si seismograph at nbc bay area. thanks to the people that have reached out to me laura garcia nbc. reports feeling in the bill roy and morgan hill area. you can also see any activity, we have our quake map on nbcbayarea.com. >>> a major development across the pacific this morning. possible sign of compromise from north korea and its nukes. south korean officials say kim jong-un is willing to get rid of nuclear weapons if the safety of his regime is guaranteed. that announcement comes after both sides met in north korea for talks. north korea has agreed to impose a moratorium on tests of nuclear weapons and missiles if it talks with the united states as well. no response from the white house this morning. north and

according to the usgs website it struck at 4:38, only a few minutes ago, and immediately after there was also a 2.6 quake. no word yet if there was any damage or injuries. let us know if you felt it just by contacting us on social media #abc7now. back to you. >> jessica, thank you. next at 5:00 a.m. a push to build new housing near b.a.r.t. stations. >>> local lawmakers try to pass a housing bill, one developer is already breaking ground. >>> a 5-year-old girl dangling off a ski lift. a frightening moment caught on camera. how the child was brought to how the child was brought to safety. ♪ ♪ my husband is probably going to think i'm crazy. he thinks i'm going to see my sister! ♪ ♪ sometimes the confidence to be spontaneous starts with financial stability. once i heard it i was shocked. i just thought, i have to go get it! ♪ ♪ it's our tree! ♪ ♪ see how a personalized financial strategy and access to j.p. morgan investment expertise can help you. chase. make more of what's yours. >>> 5:00 a.m. welcome to tuesday, march 6th. thanks for waking up with us. >> you're never more than seven

to usg is more important than safety and the brand itself.mple, we have two safety drivers in every one of our vehicles. this is important because it is a new technology. test on public roads and in difficult situations. we are learning a lot and we are taking every precaution we can to protect not only our customers but also pedestrians. jaguar land rover making its way at the new york auto show. to be involved with waymo. the first all electric offering from the luxury organization. the chiefned by executive officer. why did you choose waymo? it is a prerequisite for modern mobility. cannot be done in isolation anymore. modern mobility needs partnerships with government, academia, and industries. we are leading in the electrification. and we look for partners who lead in their respective fields. at the end of the day, we are all on the mindset -- share your vision about mobile mobility. arewherever two partners coming together, they are creating something special. your choice isay unfortunate given the tragic news that we have gotten. rollo

then, we're going to zoom down to the rest of the city and show -- this is a liquefiction area of the usgs. we'll help refine that analysis. the blue shorts existing port assets. that yellow kind of wall feature shows the area of influence of the failure of the seawall, so that's our seismic study area. and then, we start to look at areas of potential inundation, so points along the embarcadero and waive over topping will cause ner concerns headed up towards piers five and nine, and then it's going to move up towards the historic finger piers to show us with some inundation. so we think that these tools will really help us communicate the risk and urgency of the project to stakeholders, as well as develop and form some alternatives. those are 24 inch at sea level rise inundations. so that blue wall is how we're trying to show the area of influence is a static 66 inch sea level rise, which is a 20 year prediction with storm surge. and then, as we focus in over the ferry building with a 12 inch sea level rise event, combined with a 100 year storm surge, you start to see the inundation where

shouldn't be trying to buy a gun because they fit under one of the nine categories that are identified in usg-3, people who have been convicted of a felony or a misdemeanor crime or domestic violence are, dishonorably discharged from the military or one of the other nine categories. among those nine categories is some language put in there i believe by mistake by congress. someone who has been adjudicated a mental defective. the problem with that is it's not a thing. no one really knows what that is. and the concern there is that you could have among other people veterans who are returning with ptsd, somebody in the veterans affairs administration has identified them as having ptsd and given them assistance managing their affairs in order to help them with that. they could be deemed by a combination of action by the v.a. and a regulation put out by the atf to have been adjudicated a mental defective and therefore deprived of their rights. now that may seem like a simple problem to correct, but once you do that and a culture develops among veterans where they're afraid to get help upon their r

the usgs reported a 3.6 magnitude quake struck at 4:30 this morning about 6 miles east of gilroy. six minutes later, a 2.6 magnitude earthquake struck in that same area. no reports have come in about any damage. fire officials are investigating a fire that broke out at a body shop in antioch early on -- this morning. crews were called to juanita's body shop. fire crews were able to knock the fire down at the fired marshall says -- fire marshal says it did $25,000 in damage and another $50,000 in damage to the cars that were inside. the cause of the fire is being investigated. >>> a father and son are under in -- arrest after police evacuated a hotel along oakland's waterfront to search for possible explosives. >> ktvu's leigh martinez has more on the investigation. >> reporter: we are told both men are from riverbank, father and son, that they were arrested for having destructive devices and also materials for making destructive devices. the investigation began early sunday morning. chp says officers tried to pull over the driver of a honda crv but the driver would not yield and l

. >> and then to go back to your point around sea level rise and earthquakes, we've got usgs, we have a 70% probability of a major earthquake in the next 30 years. that's a near certainty. are we going to see significant flooding? under the high sea level rise, we'll see more flooding. we're going to see it here first near the ferry building, bart and muni tunnel entrance. we'll see it in mission creek. i think we have more time to figure out appropriate strategies for dealing with the flood risk. we're running out of time to deal with the earthquake. earthquake, as pointed out earlier. >> may i make a broader comment. we read in the news, it was great to hear that the city's credit rating has gone up. that's not something to take lightly. which means that the chances of -- voters have to approve the geobond, but when you go to market, that the city will not have trouble raising the bonds once the vote is approved both if terms of the interest rate as well as the interest. i think that when you said there is a schedule of every 10 years, you'd hope that the city would consider if you

. >> and made the arrangement usg the campaign email, the -- >> woodruff: the trump campaign now, thismore interesting than it appears because i think ofis is track ago little bit along the lineshat happened with bill clinton. michael koehn, trump's lawyer, is mentioned in the steele dossier which has beenne mentio in the russian possible collusion,ryo it's possible mueller could call koehn. at some point as all good prosecutors do, mueller tries to wet everybody on record lying about something anould see this as president trump being put in a position as bill clinton was an wouldn't it be the irony of all things that despite everything else that's happened, this could be something that really does bring him down. >>woodruff: and we don't k what is going to happen but we certainly have no end of questions and threads to follow at the end of this week. kathleen parker, mark shields, thank you both. >> thank you. >> woodruff: filmmaker ava duvernay has been breaking down walls in her industry for lmveral years, with widely acclaimed now, as jeffrey brown tells us, she's taking on a diffe

we also have the example of them crushing the democratic uprising in neighboring bahrain, usg those weapons to fund al qaeda groups in iraq and in syria, and using those weapons internally to crush dissent, particularly in the shia areas. amy: all that and more, coming up. welcome to democracy now!, democracynow.org, the war and peace report. i'm amy goodman. in austin, texas, authorities have identified the man they say was responsible for a series of six bombings that killed two people and injured at least six others, saying the bomber left behind a video confession. police say mark anthony conditt, a 23-year-old white man from austin's suburbs, died after he hlf suoued him. in a news conrence wednday ternoon wi texas rublican govern greg bott, auin poli chief ban manley descbed an ayet-unreleed 25-minutvideo th conditt recorded ohis cellhone. manleyaid the deo shs conditdescring detailsn how heuilt sixombs ud in e attack despite at, chiemanley described conditt as a troubled young man, rather than a terrorist or someone driven by hate. >> i know everyone is interested in a motive in unde

this proposal because there's no evidence indicating that the current trigger which is based on the usgs and the map is inadequate. that is, that landslides have actually occurred on lots that were steeper than 25%, that were not shown within the areas indicated on the map of landslide hazards. we have no evidence of the particular choice of 25% is justified. we're concerned that the proposal would result in significant increase in the number of affected properties. this would mean delays in construction, additional costs to owners, considerable additional workload for the structural advisory committee and for d.b.i. if the costs and the delays and the added work were necessary for public safety we would consider the proposal more favorably. however, we have seen no evidence that that actually exists. >> mr. harris. >> to the point there in regards that you actually have the mechanisms in place to show where your danger areas are, would you concur or disagree? have you seen this book? >> yeah, i concur. it's very clear where the problems occur. >> yeah. and what would

usg says this does not appropriately values them.re is an interesting play going on here with berkshire hathaway. they say they will not support any deal, but they have this option traded, where they're holding out could be bought for two dollars a share. shery: -- vonnie: what is the most likely scenario going forward? d: it is difficult to see a rival come in and get this deal done. they may tweak the terms or try to negotiate something better with warren buffett. shery: one deal that could go pg is near toat t buying an indian hospital chain. d: this is a typical trade, of all the private equity firms -- iny have lots of expertise health care and do a lot of these kinds of deals. this looks like a fairly straightforward kill for them. -- deal for them. the lead part of the consortium asset has been embroiled in its own problems. some indian regulators are not happy with the way the company has been run. this is a slightly distressing play, but health care is a very core area for tpg. the opportunities here for private equities are

we have seen this deal with usg spawning the bid is that going to provide some lasting lift to the valuationluation differential between the two is vast >> well, i think the other thing is eagle is very much focused on the cement business, which is a very important part of their business i think they're now -- there's not many u.s.-based cement companies left in the u.s. they're one of the largest producers. you had about a 20% pullback in that stock from where it was trading a month ago. so we think it's come down to a price where it really, this is a very attractive entry point. valuation wise, it's trading about 9 1/2, 10 times its value to ebitda. we see good earnings trajectory over the next two years. beyond that, no one has very much visibility into materials but we think this is an opportunity to buy the stock on the pullback it's had over the last few weeks >> all right thanks for the idea, eric. >>> companies getting anti-social in the wake of facebook's data scandal. straight ahead, we'll talk to sonos about why the company is hitting the pause button on their social media ads >>

bottom line is it varies and is something we have spent a lot of time on a usda and secretary perdue and usg but also commerce and defense and nfc and nec. it's something we have spent a lot of time looking at. >> i have 30 seconds to answer question you can say yes or no to break pay can i tell my constituents we are past the point of worrying about withdrawal from nafta?rr >> no. >> i still have 15 seconds left. aughter] i do want to tell you about a tool senator brown could probably bring this up as well the foreign investment review acts which would give the m. administration new power to prevent investment in the u.s. and originates from countries that do not believe in reciprocal trade and the feds. her legislation represents a targeted approach for causing behavioral changes while not jeopardizing it. this is a request that you would work with senator brown and us to give you and commerce secretary ross new toolsnd to prevent bad behavior by some of our trading partners. >> the answer is yes to that. >> thank you mr. chairman and ambassador ties good to see you. i want to follow up on

. >> reporter: the doctor has been talking to the usgs and city leaders about incorporating this newplanning. in the short term, he suggests sea walls, levees or we weres and marsh lands to help preserve existing communities. >> this is something that affects all of us. if fremont thinks first, okay. but it will eventually catch up to everyone around the world. >> reporter: jessie gary, ktvu fox 2 news. >>> the city of berkeley has been named one of the best places to live in america. it was number three. the ranking is based on the quality of schools, crimes and housing trends. san francisco was 15th on the list. >>> adult children who come back home to live are causing their parents stress and conflict. a study published in the journal of social science and medicine found that the boomerang children cause a dramatic decline in their parents' well being. that was only the case when the adult children return today an empty nest. there was no negative effect on the parents if other children were still living at home. rising housing costs and job insecurity are the reasons they return

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