hpeing up, 83 announces meg whitman's departure.lus, the former chair of the fcc, tom wheeler, slams the plan to roll back net neutrality. he joins us to discuss what he calls a shameful sellout. apple says its new home pot smart speakers will not be ready for the holiday shopping season. first to our lead and a bloomberg scoop. bloomberg covered up a massive hack attack affecting 57 million accounts. the datahackers stole of 50 million customers and 7 million drivers. uber including the former ceo kept the breach concealed for over a year. this week, the ridesharing company ousted the chief security officer in another executive for their role in keeping the hack under wraps rather than report the breach. they pay the hackers $100,000 to delete the information. joining me now, the men who broke the story, eric newcomer, who else? eric, yet another story that is hard to believe coming out of uber. what do we know in terms of what happened here? eric: it is so crazy. heardhan a year ago, uber from these hackers that they found a way t

whitman will remain on the board.ere is whit mran man on the cat night. >> we have delivered a total shareholder return of 8 9% which is more than three times that of the s&p 500. i know antonio will have the same focus for delivering focus for share holders going forward. by fixing and improving the company i joined, hpe is ready to drive the next phase of shareholder value and you're starting to see the payoff in our results. >> hpe shares dropping on the news, some 6%. earnings were in line, revenues beat the street, and the outlook for the next fiscal year is in line with expectations don't miss meg whitman on "squawk on the street" later this morning the column in the ft pointing out that -- certainly the turnaround in a massively changing tech environment that she did engineer is something to be proud of. we'll hear all about that on "squawk on the street" later >>> hp inc. is reporting in line with forecasts, revenue top estimates on strong computing supplies, but hp inc. fell with hp enterprise after meg whitm

antonio neri will succeed meg whitman as the ceo. something was announced with the company fourth quarter reports. shares are dropping as much as 7%. seven point $5 billion in revenue for the quarter, missing estimates. joining us now is the executive vice president of research product for ibc. you just got off the phone with meg whitman. what did she have to say? >> right. i mean, that is why governance has been a top -- emily: looks like he is having trouble hearing me. can you hear me? you just got off the phone with meg whitman. what did she have to say? ok. cory johnson luckily is standing by with me right here in studio. you did not space to meg whitman, but you know the news. cory: she took on an impossible job, which is to turn hewlett-packard into a bigger and better business than it had been in the past and restore the glory as it had once been the leader in silicon valley. the high-growth software services business, the router business, as well as the low growth printer and pc business, spun that off on the other side. she

i can't wait for the whitman/trump debates. it's going to be absolutely spectacular.an is an -- she's a workaholic, there's no way she's going to hawaii to retire. this, i say 50/50 chance that's exactly what's going to happen watch it happen. she's running for president. >> now, granted she ran for governor we remember that isn't she republican >> i believe she was a republican at the time, certainly. >> yeah. >> she switched to hillary clinton. >> she was a republican and she went against trump remember -- >> but she did back -- >> i think she's destroyed her equity in the republican party she will be embraced by the democrats. just to put somebody up against trump. this is going to be the best entertaining television debates we've ever had even better than hillary clinton. i can't wait >> rob, what were you going to say? >> well, she was a republican, but she switched -- well, she favored, supported hillary clinton. i actually would love to see that i mean, also just i don't want to lament the fact that hp's a smaller company, i think it's really important to think

host: meg whitman. tune in later in the hour for more with meg whitman, including her thoughts on the trump administration and her own political aspirations. customers have discovered a security flaw in the latest version of the operating system to logthat allows anyone in without a password, even remotely. there is a new story out on the bloomberg terminal. check it out. this is bloomberg. host: the at&t ceo met with the top antitrust enforcers to offer a last-ditch attempt to avert a lawsuit blocking the time warner deal. according to people familiar with the matter, the proposal was modified to address concerns. the justice department sued the following business day. he was accompanied by a high-powered trial lawyer. the negotiations broke down after less than one hour. we are watching shares of roku pulling back. they had gained 31% and the company was compared to netflix. a sales wi roku nner. a writer said it was time to pop a bubble. they called the maker of the television streaming device a "tot

look, you know, meg whitman has presided over the split. our viewers are familiar with it. she is a former failed republican candidate. uber, we should talk about that. there were a lot of questions surrounding the process. she did not tell the whole truth about how involved she was. they came to her late in the process. did seem like she would have taken the job, that she was very interested in it. with everything that has happened since, we forget about how much storm there was over uber when travis left and the hubbub over the harassment in that company, but it is interesting to see what prompted this at this time and with the short window and which is moving to next. joe: in the realm of politics, a certainly plausible path for her, is there something for her in the political landscape where she can fit? megan: i don't see a spot for her in california for sure. as we know, she lost in a pretty brutal run in california for governor where she spent a tremendous amount of her own money. she is also the former chief executive of ebay, where

emily: my conversation with meg whitman.e in later in the hour for more with meg whitman, including her thoughts on the trump administration and her own political aspirations. a headline clocking right now, apple customers have discovered a security flaw in the latest mac version of the operating system, this is heisey eric, -- high sierra. it allows anyone to log in without a password, even remotely. there is a new story out on the bloomberg terminal. check it out. this is bloomberg. ♪ his is bloomberg. ♪ ♪ on november 17, the at&t ceo met with the top antitrust enforcers to offer a last-ditch attempt to avert a lawsuit blocking the time warner deal. according to people familiar with the matter, the proposal modified to address justice department concerns. the justice department sued the following business day. stevenson was accompanied at the meeting by a high-powered trial lawyer. the talks with the antitrust division rubdown -- broke down after less than one hour. we are watching shares of roku pulling back after hitting

you also spoke with meg whitman herself. what did she have to say?d about the : quarter and her legacy. what she feels is that hewlett-packard is innovating in a way they were not innovating when she arrived. if you look at the situation this company was in when she arrived, they were in a real haphazard situation with the exit of the head architect. when you look at the playbook playbook they are running now is a playbook where they can and do innovate. the problem is they still participate in a lot of relatively low margin segments. i have to tell you, this company was irrelevant, heading towards irrelevance 3-4 years ago. the playbook of value added areas of the infrastructure that they can then add to their portfolio and sell through their channel is showing revenue growth. that revenue growth is something we have not seen for a number of quarters. now we see it in the second sequential quarter, so relatively -- we talked about the business is performing better than it it has in recent history. i think separate from that, you have to look at how

antonio neri will succeed whitman.ve reshuffle was announced at the fourth quarter report. the company reported over $7.5 billion in net revenue, missing estimates. we caught up with cory johnson and executive vice president of research products for idc. cory: look, she took on an apparently impossible job, to try to right hewlett packard into a bigger and better business and restore it to the glory it had been as the leader in silicon valley. we saw a lot of changes at the company, most notably the split taking hewlett-packard enterprises, the high-growth and andow growth printer p.c. business and spin it off on the other side. she went in as c.e.o. to what was supposed to be a high growing business, but that business continued to shrink and spend billions of dollars on acquisitions, and yet they are still taking write-downs. the restructuring charges in this quarter alone, they spent $10 million a week in restructuring charges. the one-time restructuring charges go back to 2001. that was not all her fault, but she co

back to you. >> thank you, morgan brennan >> meg whitman would never say this, obviously, but in the recess of her mind i think she's happy the stock is lower when she's stepping down, that's only human. wouldn't it be lousy if the stock was up 7%? >> i would feel terrible >> you understand what i'm saying a lot of it has to do with her stepping down. the stock has not been gangbusters over the last six months either. now you're getting to levels where it's bottomed out before, valuation seems reasonable maybe you can take a look at the stock tomorrow in the aftermath of today's earnings release. there's not a lot of great things going on here >> this has to be the three-day rule, in a stock that has given up its year to date performance. to guy's point, you can look at it from that 12.90 to $13. you can go back on the charts, $13 was the recent low you want to take a shot, give it a couple of days to breathe but not a terrible spot to get in. but to guy's point, it could be lights out for the stock in general. >> all right we've got more breaking news on that story that uber paid $1

hpe announces meg whitman's departure.e will look into her tenure and the tough job that awaits her replacement. this week the trump , administration took a big step towards voiding obama era net neutrality regulations. the current fcc chairman announced tuesday he plans to hold a vote on overturning the protections. the regulations are intended to prevent broadband providers from favoring their business partners' offerings or their own video and other content. he spoke with bloomberg radio to defend his decision. take a listen. >> the fcc would require that all internet service providers be transparent about their business practices if they are blocking or throttling content. they have to disclose that, and we make clear that the federal trade commission would have authority to police broadband providers if they are behaving in an anti-competitive way. through those two rules, we would be able to protect consumers going forward and promote investment in networks that are necessary to promote digital opportunity. emily: we

down over 5% ceo meg whitman announces she will step down from that role.you what she told us about her next move and the future of the company, including of course, a quarter that is being reviewed by wall street and not ttgeing the greatest marks. "squawk on the street" will be right back the amazing new iphone 8 is at at&t... and we know you'll love it. because we know you want more. more great camera features and more power. and more than just unlimited data, we give you unlimited plans with hbo included for life. because you deserve more entertainment. and more spokespeople. talking like this, saying the word more. at&t. it's time for more. am i too close? i feel like i'm too close. get the iphone 8 and with all at&t unlimited plans, get hbo for life. only from at&t. >>> hpe out with earnings after the bell yesterday perhaps overshadowed by ceo meg whitman's announcement she will step down. she joined us earlier on "squawk on the street," and i asked her why she thinks now is the best time for her to leave her post >> we have a crisp strategy. we have

and meg whitman's r

meg whitman stepping down.heck on the markets overall losing some steam here the dow down 46 points close to session lows. back in a minute >>> today on the half time report, the spread between the tech index and virtually everything else. is it time to find opportunities in the everyone elthing else and the consumer discretionary stocks have the best chance of breaking out as we hit the holiday season half time report starts at noon eastern. we'll see you then. >>> let's get to rick santelli at the cme group and get the santelli exchange. hey, rick. >> good morning. the interesting thing about thanksgiving is that all of a sudden year-end, all the holidays between now and the end of the year, new year's eve, traders started to try to think exactly how the markets will close out the year equities, maybe equities are the easiest. they had small corrections, volatility has been low. and they just keep forging ahead. it is a global dynamic there was some nervousness a couple weeks ago when the german dax had a key

i don't think anyone expected meg whitman to do this job forever.me engineer, antonio neri, who will be taking over the company. his name had been floated for a long time as a successor. i interviewed him earlier this year and asked him about the rumors of taking over, what he his name being floated as a successor. listen to what he told me. >> i have been at this company for 22 years. i am very excited about the future of this company. mily: he didn't confirm or deny. tenure,last part of his he has been running the biggest business unit at hpe, which accounts for servers and storage. are of the areas where hp going to be struggling are these. he said their servers are going to see declines next year. he is coming on with quite a challenge and it will be interesting to see what meg whitman does next. she says she will not work for a competitor. she says she was up for the top job at uber and didn't get it. julia: she is probably more relieved now. emily, thank you for joining us. it is time for the bloomberg business flash. hedge funds are showing c

whitman became ceo in september of 2011.ourth-quarter revenue missed estimates, and its first-quarter earnings per share forecast was below analyst expectations. pai hasrman ajit proposed and a net neutrality rules, handing a victory to broadband providers like at&t and comcast. pai set december 14. that includes a ban on fast lanes and gives quicker service to content providers willing to pay extra. the trump administration has sanctioned three chinese trading companies to disrupt the funding of kim jong-un's nuclear program. treasury secretary steven mnuchin says action is being taken against one individual, 13 entities, and 20 vessels. nine of the firm's sanctioned are publicly traded. a senior minister says singapore's wealth management industry has not seen significant outflows despite a down on taxp evasion. singapore will start sharing information on bank accounts under anour nationals oecd program. the senior minister of finance says there has been no meaningful exodus of funds. >> where do people need their money ba

big delays approach think the walt whitman bridge area northbound. just before the 676 split and moving to -- through camden or moving to the walt whitman bridge because of emergency construction. now we're seeing tons of delays there. this is not the side you want any delay or construction on now. that's because we're approaching the beginnings of rush hour. the traffic that has to head toward philadelphia will see some delay. watching that for you. the southbound side doing okay. getting by the scene in mt. laurel township. watching on the southbound side of the new jersey turnpike around route 73, exit 4, for a crash. traffic is getting by the scene. 295 is open. take that instead. also watching upper gwynned. sumneytown pike and beverstreet, for a crash. >>> now to breaking news at the jersey shore where an all-out search is underway for four juveniles who escaped from a detention center overnight. police are combing the area in egg harbor city with k-9s, warning people to stay inside. schools have been closed. matt delucia is live on scene. what

early next year, neri will take over for whitman. he's a veteran of hp and served as director for product -- >>> former teen idol david cassidy has died. >>  i think i love you so what am i so afraid of, i'm afraid that i'm not sure of, a love there's no cure for   >> he came to fame as apart of the partridge family. the show in the 70s. he had a singing career. he was hospitalized in florida for organ failure and needed a liver transplant. he talked about his personal struggles with alcohol and drunk driver arrest and earlier this year, he revealed he was battling dementia. david cassidy was 67-year-old. >> some of the young kids may not remember him. >> no. >> but those who do, he was gigantic. >> yeah. >> a huge star. >> and the partridge family, i'm sure it's probably on nick at night. >> it is. >> i'm too young to remember any of that. >> wait a minute. >> i know. >> you was that -- you remember that colorful bus they drove around. >>> i know it all. they were the opposite of the brady punch and it was the brady bunch and the

meg whitman will remain on the board.hares dropping on word of this news down by 5.7% the company, by the way, posted quarterly results after the close. results were in line, and revenue beat expectations. meg whitman will join "squawk on the street" today at 9:10 a.m. eastern time >> how do they do it >> you knew, by the way, there was a bit of a signal she might be leaving the company when she was up for the uber job. there were lots of questions >> flew in the face of -- strident denials she was -- i'm here at hp for along time. i read it yesterday. there were previous -- was that a faber interview when she said i'm here for the duration? >> i believe he pressed her on that >>> about 15% of the u.s. population traveling for thanksgiving weekend 89% of them are going by war morgan brennan joins us this morning from the vince lombardi service area in new jersey getting ready for the traffic jams good morning >> good morning. happy thanksgiving to all of you. the new jersey turnpike, we're starting to see traffic pick up

expressway in toward the walt whitman bridge. and we are back up on 95 southbound, from cottman, in to downtown. mike and alex back over to you. >> bob, let's leave your mike open. i may need some help from you. >> got you. >> let's go back to atlantic county live shot there. man a lot of police officers. >> earlier we saw more, right now there are just two, must have just walked out of frame. >> over to the right-hand side of this frame. looks like they're talking to someone there. this is egg harbor city public schools are closed, we do know that. due to this police activity, surrounding this harbor township use facility, offers verse their dogs out. moving the camera around for a better perspective of where we r hold on second. so then car crash. bob, do you know how far this car crash was? >> egg harbor sit at this sever not real big area. so, just outside of the detention center with the the cash crashed, combination as you've been saying, putting two and two together. we go to the maps, give you idea, we got the camera back

and northbound 55 to the walt whitman bridge, a four-minute trip. speeds into the 60s.e're doing pretty great on that southbound side, too, heading from philly back toward thedentford area. back to you. >>> ending the stigma. the academies of pediatrics just released new policy guidelines. how parents can help end weight bullying. >>> and changing the way you watch football. the nfl striking up a deal with a phone carrier. the digital streaming content only they will have. running a small business is demanding. and that's why small business owners need more. like internet that's up to the challenge. the gig-speed network from comcast business gives you more. with speeds up to 20 times faster than the average. that means powering more devices, more video conferencing, and more downloads in seconds, not minutes. get fast internet and add phone and tv for only $24.90 more per month. comcast is building america's largest gig-speed network to give small businesses more. call 1-800-501-6000 today. >>> we're three days away from the turkey. gandall farms has provided the first

julia: that was meg whitman speaking on bloomberg.e want to the breaking news, the senate plan has survived a narrow budget panel vote. now the bill to go to the floor as early as next thursday. we will bring president trump's remark at the white house. he is going to speak at 3:00 p.m. this is bloomberg. ♪ retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. julia: it is 8:00 in london. i'm julia chasse lee. scarlet: i'm scarlet fu. welcome to bloomberg markets. julia: we are live in bloomberg world headquarters in new york. here the top stories from the bloomberg and around the world. a busy day in washington. we would hear from president trump who will talk t

. >>> the legacy of walt whitman was honored today in his adopted home town. a historical parker was unveiled in camden. the marker is located infront of wiggins park at martin luther king boulevard and steps from whitman's last home and the dock area is set to have inspired his last book, why are south jerseyans turning against steve sweeney? it's because sweeney's been exposed as a double dipping pension padder. caught spending campaign money on lavish dinners and fine cigars for his pals. investigated for being a lobbyist and a senator at the same time. sweeney voted to raise taxes 145 times while our economy continues to struggle. south jersey is a mess, and it's time to take out the trash. on november 7th, make a change. dump sweeney. . >>> we. >> reporter: introduced to the new manager and the clear this guy mes business. >> phillies fans will love him passionate and intense and will fit in in philadelphia. kapler grew up watching mike schmidt and larry bowa win a championship. and the phils will play with the same intensity that chase utley played aroun

whitman has been at hpe since 2011. she oversaw the elimination of tens of thousands of jobs. >>> no more marijuana ads on san francisco muni. its board voted to ban all pot ads on vehicles and shelters. right now there are 130 medical marijuana ads on the sides of buses. they'll be gone once contracts for the ads space expires. muni tells abc 7 news the ban is in response to complaints from riders. the agency also says it wants to remain consistent with muni bans already in place for tobacco, alcohol and firearms. >>> san jose's fire chief announced he is leaving after 25 years to the city. "the mercury news" reports chief curtis jacobson's last day will be december 15th. assistant fire chief robert sapien jr. will be serving as acting fire chief as the city searches for a new chief. >> we are hearing from a san rafael fire of three, who was detained by i.c.e. here he is just outside the correctional center in elk grove near sacramento. you can see hugo majia there and his wife and children hugging after his release la

right before you head to the walt whitman bridge or move through 676 through camden, market street, in gloucester city, this is the northbound side moving toward that area. no problems right now. back to you. >> thanks. >>> a philadelphia father and grandmother are expected to be charged with reckless endangerment after a 3-year-old girl was shot inside a home yesterday. >> philadelphia police say the child got ahold of her father's unsecured gun and shot herself in the thigh. officers say her grandmother was baby sitting at the time. she hid the gun, didn't tell responding medics how the shooting happened. investigators say the gun belongs to the girl's father, and that he usually locks it up but was running late and asked his mother to secure it. >> frustrating. driving us crazy. you have parents who want to have guns, and you have a right to own a gun. when you have children, you have a bigger responsibility to make sure the gun is put away. sickly where you see kids going to hospitals with gunshot wounds under the age of 5. >> the girl is expected to survive. doctors are trying to

shery: coming up, a discussion with meg whitman.she plans to tackle next and she plans to step down from the tech giant. this is bloomberg. ♪ ♪ this is bloomberg markets. i am shery ahn. vonnie: i am vonnie quinn. it is time for our stock of the hour, roku. they are up more than 25% of the last two days. abigail doolittle joins us. abigail: it is remarkable. this company ipo would in september -- ipo'd in september. if you put $1400 to work now, you would have a $3600 profit. and it isn't the new roku, it is the old one that is streaming top boxes. what happen yesterday, morgan stanley raised their price target to 50, saying this company could compete with netflix. today, we have adobe analytics among monday sales winners, getting shares a boost. as extraordinary as the big rise up is from the ipo, up more than 250%, so is the short interest. 2577, and at g #btv in white, we are looking at the shares of roku. from $14 now to $48 stock in two months. in blue, we have the short interest at 39%. we know that is a bearish bet angers. si

meg whitman says it's time for a new generation of leaders to take the reins. whitman joined the company in 2011 and recently refocused it to better compete with its rivals. shares fell on the news. >>> the justice department is challenging at&t's proposed $85 billion takeover of time warner. now investors are trying to figure o what has next to one of the largest proposed media mergers in american history. julia boorstin takes a look. >> reporter: a legal battle is on. at&t says it's ready to go to trial immediately against the department of justice. at&t sharing its positio on this website and saying consumers will not be hurt by the deal. >> if anything, this merger is going to cause people's cable bills or their tv bills to go down, not up. >> reporter: that's the issue under scrutiny, as at&t's acquisition of time warner anticompetitive? most analysts say precedent supports at&t's acquisition. the department of justice has not blocked a vertical merger like this one in nearly 50 years. but analyst craig moffett says it's not a slam dunk for either side, co

heading to 676 through camden or headed to the walt whitman bridge, it will be just fine heading thatection. on mass transit, everything on or close to schedule for amtrak, septa, new jersey transit, and patco. i'll end with 95. drive times okay. 13 minutes southbound from woodhaven to the vine street expressway. average speeds into the 60s. back to you. >> thank you. about five or six minutes before 6:00 a.m. >>> the countdown is on. we are 100 days away from the winter olympics. and nbc10 is live in new york city for the occasion. >> reporter: we are waiting on team usa to arrive here at the "today" show plaza. they're going to be greeted by this -- about three truckloads of real snow. coming up next, how we're celebrating 100 days until south korea. christie: this is governor christie. new jersey is facing an epidemic fueled by addictive opioid painkillers. codeine... oxycodone... fentanyl... morphine. these are just some of the medications prescribed for pain relief. these pills can be highly addictive, and the addiction doesn't end when the prescription runs out. many times, peop

whitman says she plans take time off when she leaves next year.he will remain on the board of hewlett-packard enterprise. the former gubernatorial candidate also says that she has no plans to seek public office or join a competing company. the company president antonio nary will take over as ceo in february. >>> 4:57. we could know today the fate of the man who killed kate steinle two years ago. the jury is deliberating. a look at where the case stands coming up. >>> this morning, we are continuing to look at the hack into uber that happened last year. their bizarre cover-up next. and i'm kenny choi. let's start with a live look outside... >>> good morning. , everyone. it's wednesday, november 22. i'm michelle griego. >> good morning, i'm kenny choi. let's start with a live look outside on this wednesday morning as we take a look at some of the traffic in oakland, 880 on the right and we got a shot of sfo this morning. it's going to be a very busy travel day for a lot of people out there. get ready. >> my dad is coming in today just a minute. so h

the company's president has been announced as the successor whitman lost her campaign for california governor in 2010. and there's new speculation she may consider a 2020 white house bid. she says she will still give to candidates in both parties, but has no plans to get involved directly she's announced her resignation on a results call where the company reported earnings ahead of expectations and falling short on revenue one of her biggest moves was separating hp enterprise from hewlett-packard. hp had a beat on revenue and josh lipton has the numbers. hp reporting eps of 44 cents, that is in line with expectations revenue $13.9 billion. the guide is basically in line, 40 to 43 cents the company expects eps between 40 and 43 cents. that was in line with expectations for fiscal '18, the company's now looking for 175 to 185, that's a bit better than expected turning to the business divisions, personal systems, 9.1 billion. printing, 4.88 billion heading into the print, hp had been on a tear up more than 50% year to date i had a chance to speak with the ceo, dion weisler about the rep

the freeway, headlights working pennsylvania that camera through gloucester county in toward walt whitman up and over the benny. is there the wind, flag getting a work out there. make sure you have argument with the kid to wear a coat, or at least that heavy fleece. here's montgomery county out along county line road, mass transit looking g mike and alex back to youy thought we made it through maybe another night without some of our teenagers dying, but no, big shot anyway. >> this is another act of gun violence again teenagers this time three. >> three. >> among four people shot last night. >> steve, what do you have. >> reporter: i guess only positive is all of these four are still alive unlike three people shot and killed before that, on the same day yesterday. we will have more on that later. it has been a horrible fall season here at headquarters as homicide detectives say high schoolers are getting shot more this year then ever before in their memory and while that double south philadelphia murder of those two, 16 year-old still so fresh in the minds of their friends family and phil

. >> board of freeholders unveiled historical marker recognizing walt whitman bridge. it took place at weeing and's park. whitman live in philadelphia last eight years every his life, died in 1892, the marker between his former home and the ferry dock he describes in one every his famous books. >> you have to wait a little longer for the love statue to return to love park. the city says the iconic sculpture won't be back at the park across city hall until early next year, because it is still being restored. when it does come back, look a little different rent. the size of the letters being repainted purple, instead of blue. artist robert indianna originally painted them purpose whole it was installed in 1976. meantime, love park is supposed to reopen later this month. >> time now 4:44. >> katie is here with another check of the forecast, katie, although the calendar does technically says november 3rd, it certainly hasn't felt like it the last couple of days. what's one that? >> no kidding. looking ahead to a day that will be exceptionally warm, upper 70s expected in th

vonnie: meg whitman stepping down. >> that is a sideline show because the bigger story is the quarterssy quarter and growth going ahead may be difficult for any growth at all. on the software side, so you would think more growth, that is not the case and they are stepping away from the cloud. if we look into the bloomberg, i would think based on effect one company's hardware and the other is software, the software company would be dominating but that is not the case. inc., and purple is the overall tech sector and it is hpe. -- in white and analyst said he would take hip inc over hewlett-packard enterprises, he thinks that's where growth is on a relative basis. vonnie: thank you for that. mark: time for the bloomberg business flash, the biggest business stories in the news. a company rejected a third unsolicited takeover office -- offer. they say the bid is not in their best interest. emerson.se from a payday from goldman sachs, they will get $180 billion in fees for managing toshiba's share sales, the electronic firms is selling $5.4 billion of new shares to avoid being delisted from

antonio will take over for whitman as ceo.director of product development before being named president of hpe earlier this year. >>> it could be the biggest black friday deal that you could score. why car dealerships are trying to clear out lots. >>> we have pretty good deals that you can catch and support your own local community. that is coming up in a moment. >> welcome back to mornings on 2. it is now 7:22. from car deals to a lot of gadgets for kids, there's a lot to look forward to this holiday weekend. >> pam cook is back in the studio with this morning's money business report. >> a lot to take advantage of. meantime on wall street, sales force and game stop reported anticipatings that beat analyst estimates. game stop stock is up 7% on the news. of course heading into a busy holiday shopping season for a company like game stop. look who is coming to town. santa. yeah. the organizers of the macy's -- he's here. ♪[music] >> the macy's thanksgiving parade of course is tomorrow. and in addition to santa who is making a spe

on the big picture still a mess getting into new jersey by the walt whitman bridge. on 676 southbound and one here on 42 southbound by 55. head into jersey via the betsy ben or the commodore not the walt this afternoon. rick and monica, back over to you. >> matt, thank you again. much more still ahead on "action news" tonight. it's a race against time. 44 sailors lost at sea in a submarine that hasn't made contact in days. how much time officials say they may have left. >> plus, the eagles with the best record in the nfl dominated the cowboys as you know last night. jaime apody with highlights and of course reaction from the team. >> and meteorologist adam joseph tracking the latest in our "action news" weather center tonight, adam. >> looking like a pretty good week here as we go into the holiday itself. today it was a chilly start. we had that sunshine. the wind came down a little bit from yesterday. the high was 48. 6 degrees below that normal of 54 degrees. we're going above normal here tomorrow. we'll have that seven-day forecast coming up in a little bit guys.

whitman will step down on february 1.arnings per share for the first quarter at below the estimate. atla has been burning money a rate of about $8,000 a minute over the past 12 months. bloomberg data shows that if the trend continues, the company will exhaust his current cash pile on august 6 next year. the carmaker blanks -- blames hitches in cost for the all-important model three. investors do not seen to concerned. shares rose 3%, taking the market cap to $53 billion. ford by comparison is $48 million. shares of nippon paint were suspended in tokyo after reports that it made a cash offer, citing in unidentified person familiar with the matter. others said they were ending talks over a potential merger. a nippon paint spokeswoman declined comment. without confirming any discussions with other suitors. that is your bloomberg business flash. manus: edward, thank you very much. angela merkel's party docs the risk of a snap return to the bout, according to people familiar with the discussion. anna: she has public they state

. >>> meg whitman will step down at hewlett enterprises. said she plan to remain hp's ceo after uber was widely reported to consider her for the same position. whitman, a former ceo at ebay and california nominee has launched tens of thousands of jobs trying to move hp enterprises from printer to cloud computing. no reason was given for this move. >>> in sonoma county today an act of healing and kindness, one of many that have gone unreported until now. abc 7 news reporter wayne freedmon explains it's been happening at a car dealership, an effort to honor the families and veterans effected by the wildfires. >> reporter: if you bought a car from manly honda in santa rosa you've dealt with the manager. cars was not the draw today, instead a phrase you may have heard or seen. sonoma strong. >> dell's pouring support for all those who lost their homes. >> reporter: when people in the north bay use the words they don't do so likely. auto ship w manager heard about the wild fire victims. he and the dealership set out to make this right. >> these

. >>> meg whitman will step down at hewlett enterprises. she said she plan to remain hp's ceo after uber was widely reported to consider her for the same position. whitman, a former ceo at ebay and california nominee has launched tens of thousands of jobs trying to move hp enterprises from printer to cloud computing. no reason was given for this move. >>> in sonoma county today an act of healing and kindness, one of many that have gone unreported until now. abc 7 news reporter wayne freedmon explains it's been happening at a car dealership, an effort to honor the families and veterans effected by the wildfires. >> reporter: if you bought a car from manly honda in santa rosa you've dealt with the manager. cars was not the draw today, instead a phrase you may have heard or seen. sonoma strong. >> dell's pouring support for all those who lost their homes. >> reporter: when people in the north bay use the words they don't do so manager heard about the wild fire victims. he and the dealership set out to make this right. >> these guys gave a good

. >>> meg whitman will give up her role as ceo at hewlett- packard. >>> the bomb squad is called after a woman dropped off a pipe bomb in a fire station. >>> new information about alleged gang members attacking a police sergeant. it happen there campus and sent that sergeant to the hospital. henry lee joins us live in downtown san jose where that attack took place. henry? >> reporter: police sergeant john law is recovering at his home after being repeatedly punched in the face. three men with gang ties or in custody. >> reporter: it happened outside the hammer theater near the san jose state university campus shortly after midnight. the officer was on patrol on a bike on an unrelated call dealing with the woman who had set up camp outside the theater. the sergeant came across a disturbance thereby involving three alleged gang members and three san jose state students. one of the suspects began attacking the sergeant catching him off guard and punching him numerous times. a second campus police officer pulled up in her car and taste the suspect. that suspect was taken to the hospital as

you will have to take the walt whitman. the bridge is closed from 7:45 to 9:30 for the cooper norcross run the bridge charity event. the charity 10k run and two-mile bridge walk will raise money for a nonprofit special education school. >>> 7:36 right now on this sunday. president trump is on the first leg of his asia trip. you just saw that. this as the russia investigation continues here at home. coming up meet the press moderator chuck todd will discuss the investigation and the impact, the latest impact on the administration. plus this -- quite the homecoming for members of the philadelphia sheriff's office. we'll hear how they helped people on the hurricane ravaged island. it's time, america. there's work to be done. it's not going to be easy. but there's grit inside of you. and if you need extra motivation, the grad fund at strayer university can help push you forward. because up to your last year of classes could be on us. that's right. on. us. today is the day. strayer university. let's get it. >>> we're tracking vi

to the future deepens just special partnership that i won't leave you with the europeans are able whitman that i'm on with the european union these negotiations are continuing but what i'm clear about is that we must step forward to get this is for both the u.k. and the union to move on to the next stage what you're here to. see miss is my own the fourth of december was to meeting here this morning and i'll hear from him what happens but the real interest doesn't begin until december the full lose them. it's a landmark day for zimbabwe emerson gangle has been sworn in as the country's new president after nearly four decades of rule by robert mugabe tens of thousands of people and v.i.p.'s across the african continent gathered at the national stadium in harare to witness the ceremony the new president promised to introduce democratic reform and kick start the country's ravaged economy. i'm assuming one guy was inauguration ceremony went off with a bang and a massive military salute his fearsome reputation earned him the nickname of the crocodile and after he was sacked a month ago by ouste

whitman --nt -- andy valuation is a little high. the low $40 per share. be more constructive of the business turnaround. abigail, thank you. we have some fascinating news. broadcom is said to be speaking to advisers about a qualcomm deal. this is fascinating because qualcomm announced yesterday it was bringing its headquarters back to the united states. the stock is rising by precipitously. up 3.5% in the last few minutes. up 6.7%.stock is also whichompanies are rising, would lead us to believe investors in both companies they can deal might be a good idea. broadcom said to be speaking with advisers about a deal on qualcomm. takingpresident trump his tough talk to asia where he will need the help of world leaders to increase pressure on pyongyang. >> we will be talking about trade. we will talk about obviously north korea. we will be enlisting the help of a lot of people, and countries. we will see what happens but i think we will have a successful trip. is a lot of goodwill. shery: the white house has played up the president's rapport with shinzo abe and

>> reporter: former governor christy whitman said don't listen to the polls that show guadagno trailing by double digits. she said she has momentum. >> not only winnable but we will because we're right on the issues and the property tax issue. people can't afford higher taxes. >> reporter: democratic candidate phil much morphy got s from the union. did not answer questions from reporters but said not to listen to attacks from the other side. >> they're making stuff up. they're changing the subject, throwing rocks and stones. i guess i would be too if i had their track record to run on which is nothing. >> reporte >> got to get rid of this guy. >> both candidates agree even though governor chris christie is not running, he still plays a role in how people will vote. >> getting a bad rap because of christie? >> all she is is phony. >> reporter: this race hasn't generated nearly the level of excitement as the presidential campaign. both focused on the get out the vote efforts before tuesday. >>> another big race we follow is the next philadelphia district attorney. stay with nbc10 and the

scarlet: the hpe shares after the company said it that after february 1, we will see meg whitman stepd be replaced by antonio neri. whitman tried to do is try to split the business, spent billions and billions in acquisitions and it is not working. she hasn't been able to turn that trend around. despite using all the strength of the balance sheet and reorganizing these businesses. the one-time restructuring charges for this company was over a week right now. $10 million $100 million in this quarter alone here. i think when we look at what going on, it's not so much that she's getting pushed out. she's not delivering the results that she had hoped to four r hewlett-packard and hewlett-packard enterprise. joe: more rollbacks of obama era policy. the fcc chairman announcing plans to overturn net neutrality rules, calling the measure "imposed, heavy-handed, utility style regulations." practically, what would we see as ramifications from the fcc and rolling back these rules? matthew: as a practical matter, i don't think, in the short-term term, you will see changes. in the long-term, what

ceo meg whitman is stepping down early in the new year.d she planned to stay at the company after uber was widely reported to be considering her as its new ceo. whitman has been at hpe since 2011 and oversaw the elimination of tens of thousands of jobs. >>> no more marijuana ads on muni. right now there are 130 medical marijuana ads on sides of buses. they'll be gone once the contracts for the ad spaces expire. muni tells abc 7 news the ban is in response to complaints from riders. the agency says it wants to remain consistent with muni bans for tobacco, alcohol, and firearms. >> san jose's fire chief announced he is leaving the department after 25 years of service to the city. our media partner "the mercury news" reports chief curtis jacobson is taking a job as free mon's new fire chief. his last day will be december 15th. assistant fire chief robert sapien junior will serve as acting chief as the city searches for a new one. >>> for the very first time since being released from jail, we're finally hearing from a san rafael father of thre

their ceo meg whitman says it is part of becoming a more focused company.rd started in a garage moons ago. some tech experts call the move the end of an era. >> it's a big deal, they are iconic silicon firm. hp really put silicon valley on the map. >> they are taking a close look at the zip codes of employees and recognizing those residents are living in the south by and they want to be closer to where their workers are. >> tech companies like google, adobe and microsoft are are expanding into the south bay. hewlett-packard hoping to finish the move by the end of next year. >>> 7:48, let's talk about this rain, let's go over to rosemary orozco for a look how long it is going to last. this feels like it is getting used to it. it's odd, really? where have you been? >> i worked last night, i'm like yeah, rain. >> well folks waking up this morning, you know, you don't have to go out do that run, you can just relax on your couch. you can enjoy the rain from indoors. or if you like the rain maybe get out and go for a run. giving you a look from san francisco, pro

south jersey 42 freeway, again volume popping between black horse pike and the approach to the walt whitmanat front and olney, watch for police on the scene there. septa bus could be on the detour as well, traffic lights out, boulevard at old lincoln highway, causing delays for folks trying to get in the turnpike interchange there at philadelphia bensalem interchange and that disabled crane sixth street is closed between race and arch, right there, alongside of the national constitution center, and anybody that comes off of the vine street expressway and tries to come into olde city will be forced over on to race and use fourth or eighth street to get into downtown, mike and alex, back to you. >> that is how i came into work today. >> right here. >> camera is on the way i'm trying to give an idea, this is how i envision it, my tonka crane at home. >> thank you for your vision. >> at this particular time we have mailed the camera over there, so it will be a few days. >> from the ben franklin post officey saw the horse. >> nation's first powe office, yes. >> we should be over maybe on friday.