the choice is clear: get unbeatable business solutions from the most innovative company. get a great deal on this limited time price with internet and voice for just $49.99 a month for 24 months with a 2-year price guarantee. call today. $49.99 per month. iu. yvonne yiu. not me. good choice. for 25 years, yiu worked as an executive at top financial firms. managed hundreds of audits. as mayor, she saved taxpayers over $55 million. finding waste. saving money. because... yiu is for you. yiu is for you. exactly. yvonne yiu. democrat for controller. >>> a major fight among inmates at the elmwood jail. the sheriff's office isn't talking. deputies set up the medical triage area for injured inmates. they describe it is the largest fight in years. it started in the area called the camp. sources tell us there are no reports of deputies being injured, only inmate. we will keep digging and bringing information as we get it. >>> elementary kids may soon be able to get a covid booster shot. the fda granted emergency authorization of the pfizer booster for kids 5 to 11. some doctors sa

the choice is clear: get unbeatable business solutions from the most innovative company. get a great deal on this limited time price with internet and voice for just $49.99 a month for 24 months with a 2-year price guarantee. call today. >>> right now at 11:00, exclusive new details about overdose death of a young south bay police officer. what the chief is saying about why other officers could be investigated. >>> dramatic rescue in the east bay. driver of the car lucky to be alive. >>> big policy change coming to airbnb. news at 11:00 starts now. thanks for joining us, i'm terry mcsweeney, audrey is off. we know the sudden death of young san jose police officer was because of fentanyl overdose. growing issue facing the bay area and country as more families lose loved ones. officer packard was just a rookie. marianne favro. >> reporter: the police chief says any allegation of officer using illegal drugs is concerning. rookie with the pd, graduating in 2021. when the police conducted a welfare check at his home, found the 24-year-old unresponsive. santa clara county medic

bring on today with unbeatable business solutions from comcast business. powering possibilities™. >>> next week marks a year since the mass shooting at the bta rail yard in san jose. a disgruntled worker went into the yard and shot his coworkers. a memorial will be held for the victims. the district attorney and sheriff will lead the ceremony. >> . >>> tonight at 7:00 we are joined by san francisco mayor lon bree, why the feet to keep a 150 year old hospital is personal for her. plus we introduce you to a influencer who makes sure that women get the formula that they need. >>> laughter holt joins us. to. the major move by president biden to tackle the nationwide baby formula shortage. the president invoking the defense production act usually reserved for times of war to boost the country's supply after the shortage left multiple infants hospitalized the surgeon general on the push to get formula back on shelves. >>> also tonight, the pennsylvania gop senate primary too close to call. dr. mehmet oz endorsed by president trump, possibly headed for a recoun

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bring on today with unbeatable business solutions from comcast business. powering possibilities™. >>> take a look at this. wild video from selling california. employers fighting back when a group of thieves tried to pull off a smash and grab robbery. sarah and alice bocker who on this store are working on their computers when the nurse thieves walking in and smashing glass. they jumped up and got right down by punching kicking and chasing the clowns out of the store. >> i was hesitant at first. i was stunned that this was even have inning. but as soon as i saw them coming in and fighting, i needed to get in there too. >> there it is again. the employees are okay. a good right hook. it does not appear if they were able to get away with any merchandise. all of that for nothing. >>> san francisco hosted the first in person celebration to honor harvey milk's legacy. he was the first openly homosexual politician in california who was shot and killed in 1978 by dan white's. that was one year after he had been elected supervisor. organizers of today's event the

the choice is clear: get unbeatable business solutions from the most innovative company. get a great deal on this limited time price with internet and voice for just $49.99 a month for 24 months with a 2-year price guarantee. call today. (music throughout) >>> stanford nurses will be back on the job as early as tomorrow morning after contentious week on strike. 5,000 nurses ratified new three-year contract with the hospital. 80% voted in favor. 7% wage increase this year and 5% following two years. retirement and health benefits also improved. stanford said it's pleased it was able to reach a deal. >>> growing dispute over garlic is leaving a bad taste in some mouths. organizers announced gilroy's famed garlic festival would not return in usual form this year and now promoter is offering to step in. tony says that's what he did for the stockton asparagus festival, rebranded it. he announced where he will hold his garlic festival. if the group is trying to have a garlic festival in their town, god bless them. but claiming to bring back the gilroy garlic festival without co

the choice is clear: get unbeatable business solutions from the most innovative company. get a great deal on this limited time price with internet and voice for just $49.99 a month for 24 months with a 2-year price guarantee. call today. >> building a better bay area, moving forward and finding solutions. this is abc7news. [chanting] >> i am really upset. >> it feels like i jumped into a time machine and went back. >> it is a historic moment. >> this is very upsetting to both sides. dan: tonight, protests on the steps of the supreme court and surprise across the country as the court appears poised to overturn decades of established abortion rights. an apparent draft opinion obtained by politico shows the conservative majority of justices is ready to overturn the precedent set by roe v. wade. ama: abc7news reporter j.r. stone joins us now. reporter: i spoke with four congressional law experts around the country who called what we are learning unheard-of and earth shattering and response has been rapid. california governor gavin newsom said he and state leadership are worki

the choice is clear: get unbeatable business solutions from the most innovative company. get a great deal on this limited time price with internet and voice for just $49.99 a month for 24 months with a 2-year price guarantee. call today. >>> hayward is taking an extra step to crackdown on illegal fireworks. beginning today, property owners are now responsible for any illegal fireworks set off on their property, even if they didn't set them. that means someone who rents your home can get fined. you can get fined if they rent it, if those tenants set off fireworks. the fine range anywhere from $1200 for a first offense and $5,000 for a third offense. >>> a move to illuminate neighborhoods, teaming up with manny's cafe to light up 12 commercial corridors. to increase safety and promote tourism. >> we are working in getting lighting for the mission corridor for the union square corridor, chinatown. all the other corridors in which merchants ask be safe. >> project organizers say the plan is a way to bring back energy to the streets of sfoflt. >>> he wasn't a player or coach,

the choice is clear: get unbeatable business solutions from the most innovative company. get a great deal on this limited time price with internet and voice for just $49.99 a month for 24 months with a 2-year price guarantee. call today. >>> tesla says it will pay travel costs for any of its employees seeking out-of-state abortion. came in the 2021 impact report released today. says tesla will provide travel and lodging for any employee that needs health services not available in their home state, including abortions. last year tesla moved from palo alto to austin, texas, and texas currently bans abortions at roughly six weeks of pregnancy. >>> remember when the shelves were bare of clorox wipes? now it's baby formula, going on two months and getting worse. reached out to cvs and walgreens, said it's supply chain issues and they've had to set limits for purchase. >>> preserving a gigantic piece of bay area history. google kicked off present to restore hangar one at moffitt field in mountain view, navy built to house warships. local leaders gathered to celebrate the projec

the choice is clear: get unbeatable business solutions from the most innovative company. get a great deal on this limited time price with internet and voice for just $49.99 a month for 24 months with a 2-year price guarantee. call today. under district attorney gascón, i prosecuted car break-ins. all repeat offenders, often in organized crime rings. but when chesa boudin took office, he dissolved the unit and stopped me from collaborating with the police on my cases. now home and car break-ins are on the rise because repeat offenders know they can get away with it. chesa boudin is failing to do his job. there's a better way to keep san francisco safe. recall chesa boudin now. whed the annual summer increase in the states. gasoline tax state lawmakers have until midnight to take action to prevent another hike of 5.6% at the pub. megan honey tells us the taxes already the highest in the nation. i guess prices have become the norm. so much so that drivers like ivan are used to paying more at the pump is what it is. i think two people complain about this. it is what it is. y

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bring on today with unbeatable business solutions from comcast business. powering possibilities™. >>> time now for gut check we'll look at cisco we talked about it earlier, more than 13% down on the heels of the big miss, but revenue came in under the consensus, it was the guidance that hit the company hard the company is placing blame on china's covid lock down and the war in ukraine the street is not liking what it is seeing. all cutting price targets, shares are down double digits this morning down about 33% year to date, jon. >>> leading the way through volatility, our next guest has weathered tech stock storms where he remains a bull despite losing more than a quarter million dollars reportedly worth of bitcoin in the last few months joining us now tim draper. tim, good to see you again what do you think? are we headed into a recession >> first, thanks for having me on this show again, john and i think what's happening, it seems very similar to the dot com -- whatever, dot bomb, the bubble bursting. where for about six months the stock market fell a

the choice is clear: get unbeatable business solutions from the most innovative company. get a great deal on this limited time price with internet and voice for just $49.99 a month for 24 months with a 2-year price guarantee. call today. >>> hello and welcome to our viewers joining us here in the united states and all around the world. you are watching "cnn newsroom," and i'm rosemary church. just ahead, pennsylvania cliff-hanger. with thousands of votes still to be counted, the republican primary for a critical u.s. senate seat remains too close to call. but former president donald trump is

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the choice is clear: get unbeatable business solutions from the most innovative company. get a great deal on this limited time price with internet and voice for just $49.99 a month for 24 months with a 2-year price guarantee. call today. for state controller, only yiu will save taxpayers money. wait, who, me? me? no, not you. yvonne yiu. yvonne yiu. not me. good choice. for 25 years, yiu worked as an executive at top financial firms. managed hundreds of audits. as mayor, she saved taxpayers over $55 million. finding waste. saving money. because... yiu is for you. yiu is for you. exactly. yvonne yiu. democrat for controller. or people were killed on u. s highways and roads last year than any time in the past 16 years. that is, according to new data released today by the national highway traffic safety administration. in fact, last year had the highest year over year increase in tropic deaths since the agency started collecting data back in 1975 officials admit that part of the 10% increase could be because many drivers were off the roads in 2020. because of pandemic relate

bring on today with unbeatable business solutions from comcast business. powering possibilities™. (vo) this is more than just a building. it's billion-dollar views. perfectly located. an inspiration. and enough space to start an empire. loopnet. the most popular place to find a space. insights illuminate better choices. allowing us to see differently and do more. with kpmg you have the people and technologies, to uncover insights and turn them into action. when we act on insight, with the right people by our side, opportunity is everywhere. let insights reveal new opportunities. >>> welcome back to "fast money. check out twitter getting hammered in today's session. social media stock has now lost all of its games since elon musk announced his 9% stake in april. it come as mid more drama between musk and parag agrawal over how many bots are on the platform so does anyone know how to calculate the numbers and how could the company be valued if there is such a big question over it. for some answers let's bring in gene munster so here is the question. parag

bring on today with unbeatable business solutions from comcast business. powering possibilities™. >>> welcome back to "fast money. earnings alerts on applied materials. the stock slumping after reporting a miss posting weak guidance for the first quarter. christina has the report. >> thanks, melissa much like the rest of the semiconductor space, it's due to supply chain issues and not demand applied is the biggest maker of machinery used to make chips the ceo warning demand for applied materials products and services have never been stronger yet we remain constrained by ongoing supply issues cash flow taking a hit cash flow came in at about $205 million versus 1.4 billion estimate they did give back 2 billion to shareholders in terms of share repurchases and dividends. the stock though in bear market territory this year falling over 31% year to date from its january high much like its competitors, lamb, similar story, asml a similar story. from a valuation standpoint applied materials seems slightly cheaper when you are looking at the lower forward price

the choice is clear: get unbeatable business solutions from the most innovative company. get a great deal on this limited time price with internet and voice for just $49.99 a month for 24 months with a 2-year price guarantee. call today. >>> we love you. we are going to take back this state. we are going to take back the country. when all of the votes are tallied i am confident that we will win. >> well, what is probably the tightest primary race in the u.s. right now suspect between those two menu heard from, former hedge fund executive, dave mccormick trails tv dr. oz by less than 3,000 votes in the pennsylvania republican race for u.s. senate. oz is backed by former president donald trump. whoever wins will face john fetterman, pennsylvania's lieutenant governor in november's general election. ron brownstein will join me now. the pennsylvania g.o.p. senate withes on fighting for the lead against mccormick. how do you expect it to play out? what could it mean for november? >> this is an indispensable race for infer. midterm are tough for the party and tough when the pre

the choice is clear: get unbeatable business solutions from the most innovative company. get a great deal on this limited time price with internet and voice for just $49.99 a month for 24 months with a 2-year price guarantee. call today. solw york tonight following the mass shooting from last weekend. yeaa sense of community for hundreds who gathered right outside city hall. tonight, people from oakland and beyond. we're remembering the 10. black individuals shot to death at a grocery store saturday who police say is a self proclaimed white supremacists. organizers said it is important to speak out against hate to acknowledge the harm that it causes. police in daly city are looking for a thief who they say made up with thousands of dollars in donations from a mosque. as our crime reporter henry lee tells us the thief has been seen not once but twice on surveillance cameras. this is surveillance video showing a man in an adidas hoodie breaking into the back door of the daily city islamic center about two weeks ago break into the doors. do an inside. i also break into the o

the choice is clear: get unbeatable business solutions from the most innovative company. get a great deal on this limited time price with internet and voice for just $49.99 a month for 24 months with a 2-year price guarantee. call today. >>> officers say the driver and accomplice were able to get inside several garages and break into cars. police found her, cash, key fob remotes and josh's oh, wow barbara corcoran! good morning. sorry, but we don't need any business help now. we're gigillionaires. what? we're gigillionaires now. i don't get it we have at&t business fiber with hyper-gig speeds. -but i just... -so thanks, we're doing great. i'm so happy for you! but i'm just here for my order. oh. entre-pin-eurs? yeah, my bowling team. i like it. there's money in puns. do business like a gigillionaire at&t business fiber, now with speeds up to 5-gigs. limited availability. hundred went on to win a have a fair picture what's it like having xfinity internet? it's beyond gig-speed fast. so gaming with your niece, has never felt more intense. hey what does this button do? no, d

bring on today with unbeatable business solutions from the most innovative company. comcast business. powering possibilities™. for state controller, only yiu will save taxpayers money. wait, who, me? me? no, not you. yvonne yiu. yvonne yiu. not me. good choice. for 25 years, yiu worked as an executive at top financial firms. managed hundreds of audits. as mayor, she saved taxpayers over $55 million. finding waste. saving money. because... yiu is for you. yiu is for you. exactly. yvonne yiu. democrat for controller. supportive woman facing eviction andrew dozens of people to bernal heights tonight yeah yeah. 65 year old denny denise says that she's been living in her apartment for 15 years now, and she's fighting eviction from the owners under the ellis act, which allows landlords to evict tenants if they intend to get out of the rental business. denise is familiar to many in the community has the flower lady thank those who are taking up her legal fight. one war can change the life of somebody one hour of your time. can make a difference in the life of somebody. ad

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bring on today with unbeatable business solutions from the most innovative company. comcast business. powering possibilities™. alix: the s&p down .4% but the nasdaq 100, the high-growth tech stops are up. the bond market still catching a bid. let's get the perspective from the bloomberg intelligence market structure conference. that's underway right now. francine lacqua is sitting down with citadel ceo ken griffin who said yesterday was a fairly orderly decline in the market. >> a litany of supply chain challenges. >> you think if you are walmart, you can pass on these costs going up to your consumer without a fight back when inflation is already up? >> if you are law mark -- walmart, you just saw targets numbers yesterday. i'm going to be in a position to put cost increases through. both of these firms have to. they are not in a position to absorb the entire supply chain stocks. >> and the consumer can take that. >> the consumer, for a family that's in the lower quartile income -- this is why productivity growth is so important. because inflation really impacts pe

the choice is clear: get unbeatable business solutions from the most innovative company. get a great deal on this limited time price with internet and voice for just $49.99 a month for 24 months with a 2-year price guarantee. call today. - and remember, kids. what did rbg say about inclusion? - [bleep]! [giggling] - great. we're gonna get kicked out of another school. [dramatic music] ♪ ♪ the handicapped parking spot is the mirage of the parking desert. do you know that feeling? you see it, there in the distance. it's almost-- and you can't believe your eyes. it's too good to be true. it's a big, wide spot, right by the entrance. somehow, everybody missed it. what is the handicapped parking situation at the special olympics? they must have to just stack, like, 100 cars into those two spots. how else are they gonna do it? get ready for more with the new tomato pesto grilled cheese at dunkin' more delicious ingredients more vibrant new flavors so you can get more out of every moment. america runs on dunkin' tide pods ultra oxi one ups the cleaning power of liquid. can i

bring on today with unbeatable business solutions from comcast business. powering possibilities™. there are lots of choices when it comes to your internet and technology needs. but when you choose comcast business internet, you choose the largest, fastest reliable network. you choose advanced security. and you choose fiber solutions with speeds up to 10 gigs available to more small businesses than any other provider. the choice is clear: get unbeatable business solutions from the most innovative company. get a great deal on this limited time price with internet and voice for just $49.99 a month for 24 months with a 2-year price guarantee. call today. >>> welcome back on some good news in the european energy crisis u.s. coming to the rescue. venture global's vessel of liquid natural gas arrived in poland last night. joining us now is mike sable is the founder of venture global lng. a big moment for venture global and you and poland the first ship arriving. you have been on a decade long journey never realizing at the time we would have a major land war in

the choice is clear: get unbeatable business solutions from the most innovative company. get a great deal on this limited time price with internet and voice for just $49.99 a month for 24 months with a 2-year price guarantee. call today. >>> good morning futures pointing to more losses. stocks yesterday suffered the worst day since june of 2020 check up on your money is straight ahead >>> retailers taking the biggest hit as higher costs ate profits. walmart down 17% this week target is down 27% coming off the worst day since black monday in 1987. >>> inflationary pressure showing no signs of letting up average price for a gallon of gasoline is hitting an all-time high it's thursday, may 19th, 2022. "squawk box" begins right now. >>> good morning welcome to "squawk box" here on cnbc we are live from the nasdaq market site in times square. i'm rebecca quick along with joe kernen and andrew ross sorkin. if you were looking for relief this morning, go back to bed you won't find it. futures are indicated sharply lower again. down 1%. the dow futures off 450. s&p down 60. the n

bring on today with unbeatable business solutions from comcast business. powering possibilities™. >> building a better bay area, moving forward, finding solutions, this is abc 7 news. >> i'm sad, i'm hurt i'm mad because i never thought it would happen here. reggie: the site of the buffalo shooting now a memorial for the temp people who died and we are hearing from urns and family of the victims. kumasi: a north bay farmers market cancel for the rest of the year and the pandemic being blamed and how they're still providing fresh fruits and veggies. reggie: a cool start today but the week ahead warms up. good morning and welcome to monday, may 16. kumasi: let's look at the general forecast. drew: cooler and breezy today and the wind was gusting frequently from hayward into the city at 20-30 miles per hour. the wind will be with us for much of the day and will bring in cooler temperatures this afternoon stop we can cap -- we are waking up to temperatures in the 40's and mid 50's right now stop 54 in half moon bay. you may feel the breeze outside this not t

bring on today with unbeatable business solutions from comcast business. powering possibilities™. >>> jury selection begins this morning for the trial of michael sussman, the former lawyer for hillary clinton's 2016 campaign. it's part of the special counsel's three-year investigation of whether former president trump's first campaign was unfairly investigated by the fbi. sussman is being charged with lying to the fbi by saying he was just being a good citizen when he informed authorities about what he thought were suspicious ties between the former president and russia. this was less than two months before the 2016 election. prosecutors on the other hand allege that sussman was acting on behalf of the clinton campaign. \to the fight over abortion now. nebraska governor pete richt said he will move to pass a total abortion ban if roe v. wade is overturned. >> if roe v. wade gets o overturned, which we're hopeful of, we're going to talk steps to protect those babies. >> including in the case of rape or incest? >> yes. they're still babies. they're still b

bring on today with unbeatable business solutions from the most innovative company. comcast business. powering possibilities™. >> they will receive a report i'm sure. it increases our unity and makes us stronger. jonathan: that was the vice president of the european commission. from new york city, this is "bloomberg surveillance." up 1.6% on futures. home depot, gains in the premarket fade, higher at just 2.2%. dealing with the inflationary stories, the average transaction higher even if the volume comes in a little bit. transactions fell in the quarter but the average ticket price increased. for walmart, down 6.6% in early trading and there is a very clear inflationary hit. lisa: the numbers with adjusted earnings falling to $1.30 a share versus the average of nearly $1.50. they see profits falling by 1% this year compared with a prior view of mid-single digit gains, all because of supply chains and how much they are having to pay workers. this is the story we were expecting, margins expressed and as they pass the costs along to the consumer. i wonder how much thi

the choice is clear: get unbeatable business solutions from the most innovative company. get a great deal on this limited time price with internet and voice for just $49.99 a month for 24 months with a 2-year price guarantee. call today. : decision 2022. santa clara voters can turn in their ballot starting monday. we have the five people vying for a key city council seat. >>> creative way one teen is helping those impacted by the russian invasion of ukraine. : who gets the see your private pay stubs? more people than you might think. bay area

bring on today with unbeatable business solutions from the most innovative company. comcast business. powering possibilities™. >> putin's war is heavily disrupting the global energy market. it shows on one hand how dependent we are on imported fossil fuels. we must now reduce as soon as possible our dependency on russian fossil fuel. tom: ms. von der leyen, who is really quite something. we have spoken to her numerous times at davos. she is encyclopedic on the german military, and of course, the duties of brussels as well. we will get to that in the moment. right now, kriti gupta with a chart. kriti: we've got to talk about these record high gasoline prices. i believe six dollars in california, five dollars in hawaii, and it is not just the over 100 dollars we'll prices use young your screen. it is about refining margins and to kill her. stick with me here. essentially three barrels of wti crude to barrels of gasoline and one barrel of distillates which is jesus or jet fuel. -- which is diesel or jet fuel. what this shows is this major jump last week, coming down a

bring on today with unbeatable business solutions from comcast business. powering possibilities™. >>> a lot of weird things happening in planes lately, right i right? people screaming at each other and refused to follow the rules, having babies. nbc's sam brock with a mom and baby girl you need to meet >> reporter: jada lynn sky was airborne but not yet born on a frontier flight from denver to orlando when she surprised her mom-to-be. >> i was feeling fine and everything so i had went to sleep and i woke up and my c contractions was -- yeah >> your contractions woke you up in the middle of that flight >> yes >> the first thought that runs through your mind was what >> i could not have this baby. >> shakiria, a foremother of fo she was headed to the back of the plane where she gave birth >> i gave two big pushes and the baby came out. >> you went to the bathroom pregnant -- >> came out with the baby. >> a team of people well-versed emergency response all pitched in throughout the plane. the pilot turned over flying duties to the first officer and coordina

bring on today with unbeatable business solutions from the most innovative company. comcast business. powering possibilities™. >>> well, thank you for watching, the late show with stephen colbert is next. >>> the news continues captioning sponsored by cbs >> in his new book, former secretary of defense mark esper says that trump complained the u.s. navy ships looked ugly, writing, "it's the first annual miss( )usa battleship contest... >> but the former president did have a suggestion to fix this problem. >> it's the first annual miss u.s.a. battleship contest. ♪ there she is -- ♪ >> -- featuring contestants from all the states, like miss u.s.s. texas, miss u.s.s. maine, bein judged on the categories of

get unbeatable business solutions from the most innovative company. so you can be ready for what's next. get started with a great deal on internet and voice for just $49.99 a month for 24 months with a 2 -year price guarantee. call today. >>> welcome back to "the exchange." it's a bad day to be in the online business world after saying the macro environment has deteriorated further and faster than expected. the stock is on paces for the biggest drop ever. it's down about 40% to the lowest level since april of 2020 the comments are taking down shares of meta by more than 6% and twitter which is supposedly getting bought at 5420 a share analysts agree with the reactions. jeffrey saying it's highly unlikely it's related to snap as we expect macro conditions to impact all ad names. morgan stanley say we expect all online platforms to experience a pullback welcome to you both. mark, stand up for your industry here what is going on >> well, i think you have to remember is there's actually two forms of advertising there's brand advertising and performance ad

bring on today with unbeatable business solutions from comcast business. powering possibilities™. >>> 54 past the hour. the biden administration moving to ease sanctions on venezuela and nicolas maduro. the biden administration said the easiest of the sanctions to meant to encourage relations between the u.s.-back opposition and the regime of nicolas maduro. and chevron also negotiated its lease in venezuela. senator gone menendez criticizing the move calling it, quote, a strategy destined to fail. and going on to state, quote, united states should only consider recalibrating sanctions in response to concrete steps in negotiations. not cheap talk from a criminal dictator. the u.n. says venezuela's humanitarian crisis which includes rampant violence. no freedom of shortages or food has left to the replacement of 6 million venezuelans. and we're five days away from the scheduled end of title 42, the covid trump-era policy. without hearing a claim for asylum. a judge set to decide whether the policy can be lifted. and the administration says it is prepping

bring on today with unbeatable business solutions from the most innovative company. comcast business. powering possibilities™. elizabeth: okay, hillary's trump russia, we have former top fbi general counsel, he is james baker, also mark elias a key democrat party attorney, he helped arranged debunked steele dossier, they were grilled by lawyers for michael sussman. david spunt is at the courthouse with more. reporter: good evening, liz. general counsel james baker is considered the central witness in this case. his testimony vitally important. he spent hours on the stand. he met with defendant michael sussman in september of 2016 about allegations of a connection between the trump organization and russia. baker says he became friends with michael sussman years ago. the two kept in quote, frequent contact. baker said sussman contacted his personal cell on a sunday night in september of 2016. sussman wrote, jim, this is michael discuss man. i have something time sensitive to discuss. do you have availability for a short meeting tomorrow. i'm coming on my own. not on

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bring on today with unbeatable business solutions from comcast business. powering possibilities™. today's challenges require real insights, to get to tomorrow's opportunities. ( ♪♪ ) what can we expect in the coming year? this has been a record- shattering year for m&a. five trillion dollars in deal value. and we're still very bullish on the deal market for 2022. in this kind of climate, what are you advising clients to focus on? we really think companies need to elevate their risk management processes and also scenario planning. what's your outlook, kim, for the 2022 labor market? organizations really do need to take a pivot on their lens of their people and talent from a cost center to make that a value creation center. for key insights into what matters today and what lies ahead for business, this is real time business with ey. >> stocks don't go up when inflation is running north of 4%. historically that is the case. so i think it is a tough situation and i don't think the market is going to put in a great year. jonathan: that was andrew's lemon -- andrew slimmon. we are -

the choice is clear: get unbeatable business solutions from the most innovative company. get a great deal on this limited time price with internet and voice for just $49.99 a month for 24 months with a 2-year price guarantee. call today. >>> how is president navalny different from president putin? >> well, my major task as a president, just to prevent this damn circle of reestablished authoritarian regime. in authoritarian country, you you are pro-authoritarian leader or you are against the authoritarian leader. so we are in more primitive politics like human rights, freedom of speech for election. the power and money -- tax money -- they supposed to belong to the local communities and in russia, everything decided in moscow. so, being the president, i'm just -- i have this big pie of my power. and i will cut it for the future of russia. ♪ ♪ >> i apologize. i'm sorry for the record, but just five minutes ago told danielle to get the [ bleep ] out of here with his camera. so like, i apologize for that because, well, everything is like -- everything is happening in the

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the choice is clear: get unbeatable business solutions from the most innovative company. get a great deal on this limited time price with internet and voice for just $49.99 a month for 24 months with a 2-year price guarantee. i joined the district attorney's office to pursue justice for everyone. but like so many of my colleagues, i resigned in protest because chesa boudin interfered in every single case and failed to do his job. the office is absolutely in disarray right now. chesa dissolved my unit prosecuting car break-ins. now criminals flock to san francisco because there are no consequences. we can't wait. recall chesa boudin now. >>> imagine being called to land an airplane with zero flying experience. remember that story? that's what one passenger turned pilot had to do last week after the pilot became incoherent and unresponsive during the flight. here's audio from the mid air emergency. >> i have a serious situation here, my pilot is incoherent. i have no idea how to fly the airplane and i'm maintaining at 9100. >> roger, what's your position. >> i have no idea.

the choice is clear: get unbeatable business solutions from the most innovative company. get a great deal on this limited time price with internet and voice for just $49.99 a month for 24 months with a 2-year price guarantee. i joined the district attorney's office to pursue justice for everyone. but like so many of my colleagues, i resigned in protest because chesa boudin interfered in every single case and failed to do his job. the office is absolutely in disarray right now. chesa dissolved my unit prosecuting car break-ins. now criminals flock to san francisco because there are no consequences. we can't wait. recall chesa boudin now. >>> feels like groundhog day. it's down to the wire. it's looking more and more like we're headed for a recount this pennsylvania. >> the state gop primary pitting oz against dave mccormick. still too close to call. former president trump jump sbing into the fray for oz to just declare victory. charlie dent of pennsylvania right now. it's groundhog's day. we were just sitting here saying the same thing. here we are two days later and it's

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bring on today with unbeatable business solutions from comcast business. powering possibilities™. ♪. charles: stocks are not only asset stablizing today. cryptocurrencies are mostly higher. there is still a whole lot of questions swirling. stable is operative when it comes to stablecoin, terra usd, luna, they have become disasters. tether, biggest stablecoin fell to a buck. this calls into question the entire crypto world as naysayers are jumping on it big time to call it all a house of cards. we have matt haugin. i might to dispel the notion of stablecoin a misleading name. should these coins have a different kind of moniker? >> i think it should be important to differentiate stable coins like terra, from bad math to reserve stable canes which function much more like money market funds. funds likes usdc, well-regulated backed dollar for dollar in the market. all will eventually implode. that is history of crypto. we've seen it before. luna is the largest example. reserve backed stable coins work exceptionally well. we need regulatory clarity. we'll ge

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bring on today with unbeatable business solutions from comcast business. powering possibilities™. ♪. elizabeth: okay, here are the reports coming in. democrat lawmakers were upset that republicans blocked their spending fix to the baby formula shortage. they wanted to give the fda $28 million but now democrat senator ron wyden, he is the chair of senate finance. he is talking about investigating abbott labs, whether it used its trump tax cuts to enrich executive and investors and not reinvest in baby formula plants. we have reports coming out of tennessee, two children hospitalized because of the baby formula shortage. hillary vaughn on the story in washington with more. hillary? reporter: good evening, liz, congress is scrambling to figure out how a fix a baby formula shortage leaving some babies hungry. there is bipartisan push on capitol hill to get to the bottom how this shortage got so bad so fast. the white house said they have been tracking the issue since february. so i asked speaker nancy pelosi why congress didn't act months ago? the 28 milli