>> the confirmation of this case coming from the last few hours in dallas. they say that the patient contracted the zika virus after having sexual inter course with someone who had been in the country in this case we're told it was venezuela. this has happened before in 2008. a colorado researcher passed on the virus to his wife after he returned from a trip where again the zika virus was known to exist. the authorities say this will obviously change the mention that they're putting out to people. not only do they need to take protection against areas where there is a risk, wearing long sleeves, spraying themselves with deet and avoid areas late at night and early in the morning when mosquitoes are most active. now they're saying if you have a partner who has been to an area where this is prevalent you have to use a con dome to protect yourself and them as well. the authorities in dallas are saying this was not transferred by a mosquito. as you see, it comes just a day after the "world health organization" declares the zika virus a global emergency. >> thank

we begin with heidi zhou castro live in dallas. good morning. 155 delegates at stake, the accident is extremely important for the republicans, none more so i imagine than south korea senator ted cruz. where does he stand right now. >> that's right, stephanie. i'm here at his rally scheduled to begin in dallas. you can see the lines already lining up with thousands of people who expect to see the senator. in the accident, ted cruz is leading in the polls. the latest poll showing him over donald trump leading by children points, but in every other super tuesday state, trump does have the lead and he is an immense threat to ted cruz here, even on his home turf. coming to the the accident accept tore's aid today will be the former governor and current green bay both campaigning at his side. cruz has said this is the most important day in the election. most analysts say if he does not win here, his home state, essentially his campaign is over. >> texas has a large latino population. immigration is an issue off both sides of the aisle. i

what advice do you think they should give in light of this case in dallas? >> as i said, the important advice is to take steps to reduce the transmission. since mosquitoes are by far the major routes, then avoiding contact and reducing the likelihood of acquiring the virus by biting, this is how the virus is first acquired. but there has already been advice give to people to take care, take precautions, use co condoms and abstinence when appropriate at least for a period of time after their return to the infected areas. the virus persists in the body for a week to ten days as long as precautions are taken over that period, just a shade longer, then the risk should be reduced to almost negligible. and really, just reinforcing for people there are other opportunities for the virussal wety at this time--albeit at this time we believe it is small, but they are there. information, as with all of these sorts of infections, information is key to let people know what they can do to stop acquiring the virus themselves and second, from passing it on to others. >> than

infected persons from the city of dallas in texas caught the virus after having sex with an infected person who had returned from venezuela. zika is primarily spread by a mosquito, and has been linked with a huge rise in birth defects in south america. officials are meeting to discuss ways of dealing with zika. the emergency meeting was called by brazil's president, who already declared a state of health emergency in her own country. >>> the u.s. congress is holding its first hearing on water contamination in the town of flint in michigan. lead has also been found in the drinking water of sebring in ohio. the fbi and the environmental protection agency are investigating the contamination which was first found in 2014 when the water supply was swit switched from detroit to the flint river. >> reporter: ohio's environmental protection agency blames the local manager of the water sanitation system, a man by the name of james baits. they say that he was responsible for notifying local residents. they barred him from working at the plant. they accused him of falsifying records, and launch

our correspondent is live from dallas, texas, where the stakes are high. what exactly does this latest incident mean for donald trump especially so close to such a pivotal day in the race? >> reporter: if it would have been anyone else, i think conventional wisdom would say their campaign is in big trouble but not over. this was donald trump and he is anything but conventional. so it is hard to make any predictions about this guy. it is safe to say that he feels the heat. after getting that cnn interview he tried to back track: >> i didn't even know he endorsed me. david duke endorsed me? i disavow. okay? >> reporter: so that was in response to reporters question outside of this rally on friday. of course, this all started earlier in the week when david duke, who is a former kkk grand wizard, told his show listeners that any vote not for trump would be a treason for your heritage >>> how are other republicans responding? gentleman ted cruz and marco rubio have both immediately taken to twitter to condemn trump and rubio later said this at one of his campai

jazz on a decent streak of their own travel to dallas to take on the mavericks with six straight wins. this went down to over time. they would tie the game at 119-119, but then a buzzer-beater from utah's gordon hayward, and the first in dallas for six years. >>> now to the quarterfinals of the rotterdam open. the highest seed in this tournament. took over two hours to wrap up this win. and in the last eight is germany cole scriber. >>> to the third stage wednesday so the race's only time trial 11 kilometers route they are hosting the opening game. a long way from that. the over all lead of mark cavendish is now 27 seconds off the pace. and finally gymnastic as we all know is known for its elegance and grace. college athlete in the united states has made a name for herself with a hip-hop-inspired floor routine. competing in a tournament and had teammates and the crowd on their feet with her performance. the score of 9.95 out of ten. we'll go back to barbara in london. >> try that on the dance floor. thank you. now in japan, the snow festival is a way for artists to showcase their wint

the infected person in dallas, texas, apparently contracted the disease through sexual transmission. chile has confirmed three cases of the virus. brazil's president declared a health emergency as her country struggles to control the zika outbreak. she says they need help to fight the virus. >> translation: we will partner with the american government with president obama. we have talked, established our capacity and improved in the sense of creating as soon as possible a vacuums ian for the zika virus >>> australia's high court has ruled the government's offshore detention program is lawful. anyone who tries to reach australia by boat to claim asylum is held on the pacific island of nauru or on mannus island in png. it could see the return of many to the detention centers there. the head of policy and advocacy at unicef australia. she says that detention centers like the one in nauru are not suitable for children >> they don't stack up against international law. we have clear obligations, particularly in relation to the best interests of children and to protect them from all forms o

the person ineffect is from dallas texas. >> we'll partner with the american government, with president obama. we have talked, established our capacity, and impressed in the sense of creating as soon as possible a vaccine for the zika virus. >>> two former military officers have gone on trial in guatemala for crimes committed against indigenous women during the 36 year civil war. they are accused of murder, rape and enslaving the women. david mercer has more from guatemala. >> reporter: these women waited more than 30 years for justice. now they have a chance to tell their story. all say they were taken as sexual slaves in 1982. this woman held on an army base and raped over a period of six days. some say the abuse lasted for years. >> they told us to take a shower, and then the fat man came and he would rape us. i was raped many times, my daughter was raped. >> reporter: the victims say the guatemalan army punish the their community for trying to get legal title. even now they recover their faces. >> reporter: this is the first time history that crimes of sexual violence will be progre

there has been a documented case in dallas. there was documented cases before at a. we know it happens but what we don't know is how often. the answer to the question which you just posed really depends on how often it does occur, and there needs to be much more research to ferret out that answer. >> isn't it up to a doctor who is giving primary care to a woman patient or an ob-gyn during the time there is a public health challenge to raise the possibility to women? >> absolutely. in fact the cdc came out with some guidelines both for general public and for doctors to talk to their patients about this problem of sexual transmission of zika. and for example, men who may have traveled in areas with zika infection or may have had a positive zika test, the cdc is actually recommending now that they use condoms, or obtain from sex, in order to not transmit, despite the fact that we don't know and can't quantify what those risks might be. and for doctors, they're asking doctors and patients to speak to their doctors about this risk. >> paula avila, i'd like to hear from yo

. >>> a case of sexually transmitted zika surfacing now in dallas. >>> the issue at the mosque is we didn't know who was dehind it, who was in it, where it came from. >> reporter: and backlash over a new mosque, as president obama prepares to address the nation on the rise of islamaphobia. ♪ >>> this is al jazeera america live in new york city. i'm del walters. there were firey words today at a congressional hearing on the flint water crisis in washington, d.c. a house committee is grilling officials at this hour trying to determine who was to blame for the contaminated water in flint. but the man at the center of the crisis not going to be there. the emergency manager not going to testify even though he has been subpoenaed to do so. he is the man that changed the water supply at the order of the state. all officials under fire throughout the morning. what has been said. >> reporter: that hearing is ongoing. there are residents from flint, as they are cheering as they are trying to figure out who is to blame. most importantly, the managesy manager is absent. and we are hearing crit

. >>> a dallas-based auction house said a comic sold for more than $450,000. that's a record price for a spiderman comic book. the 1962 copy features the first appearance of spiderman. thank you for watching i'm richelle carey here in new york. the news continues next live from london. keep it here. ♪ >>> the u.s. bombs isil targets in libya, killing as many as 40 people. ♪ >>> hello, you are with me david foster. you are watching al jazeera live from london. also coming up in the next 30 minutes. there is anger in uganda has police arrest the main opposition candidate for the third time this week. [ explosion ] >>> the fighting between turkey and kurdish fighters hurts efforts to bring peace to syria. >>> and

. >>> a dallas based auction house says a comic book hold for $450,000. the 1962 copy features the first appearance by spiderman. the previous owner bought it in 1980 for $1,200. thank you for watching. i'm richelle carey in new york. let's go to london now for more news. ♪ >> announcer: this is al jazeera. ♪ >>> welcome along. this is the news hour, live from london, with me david foster. let's take a look at some of the stories we're covering in detail. the u.s. bombs isil targets in western libya, killing as many as 40 people. [ explosion ] >>> russia calls a u.n. security council meeting says it is worried that turkey could launch a ground invasion of syria. >>> the day after a policeman killed a taxi driver bringing angry protes across egypt. the president

. >> thank you, heidi zhou-castro, in dallas. >>> lennie mcallister is a writer and conservative political analyst. lennie, from pittsburgh, thank you for being with us. >> thank you for having me paul. >> before substance first of all what do you think of lindsay graham talking about the republican party, riffing on donald trump, make a joke about the best way to assassinate ted cruz. >> i don't know about assassinations, i don't go into that. you know what they say about humor, humor is effective when a little bit of truth is wrapped around it, when they say about the authorities going off the rails, there was a little bit of truth with a good sense wrapped around it. >> liability or a lot of truth? lindsay graham is one of the pil larpillars ever republican establishment who thought all bets are off. >> he said marco rubio would have to bbepresident some day ae his support to leadership and statesmanship. he see something like this with chris christie who just a little while ago was literally railing against trump trying not to really antagonize an argument with him but at the same time

the infected person in dallas reportedly contracted the disease through sexual transmission. the world health organisation has already warned the avirus could spread not just across latin america but also into africa and asia. a health emergency was declared by brazil. >> translation: we will apparently with the american government, with p.m. obama. we have talked, established our capacity and improved in the sense of creating as soon as possible a vaccine for the zika virus >>> refugees on the greek border with macedonia are blocking the main highway demanding to be allowed with onward passage. hundreds of refugees head off into the main road after being stranded. taxi drivers on the macedonian side blocked the road protesting that police gave priority to westerners travelling in into europe. a ceremony in new zealand on wednesday. a controversial free trade pack between north and south america and these seven states in the asia-pacific region. aims to lower or eliminate tariffs on most goods and services, as well as eliminate some trade laws. this could create a single mark

the case in dallas county, the texas county case, was acquired from someone who went to venezuela. the newly infected person had not traveled there, so the c.d.c. and doctors say the best precaution is to use protection. >> if a person is traveling to one of those 26 countries that have been declared by the pan american and world health organization to be transmitting the disease, mostly in the caribbean and south america, they should use condoms for their sexual contacts. >> zika virus infections usually mild and deaths rare. scientists are looking at birth fee effects in brazil. the virus could affect 4 million people in the americas. >> to have a tenfold increase in numbers and the potential for spread not just across latin america but into africa and asia which have the highest birth rates in the world, we believe is a matter of public health concern and constitutes an international emergency. >> a french drug maker announced a project to develop a zika virus vaccine. control of the spread of mosquitoes is being developed. >> we are talking about years not months for a vaccine.

. >>> a case of sexually transmitted zika surfacing now in dallas. >>> the issue at the mosque is we didn't know who was dehind it, who was in it, where it came from. >> reporter: b

. >>> a case of sexually transmitted zika surfaces in dallas. >>> the issue with the mosque is we didn't know who was behind it, where it came from. >> backlash over a new mosque as president obama prepares to address the rise of islamapho a islamaphobia. ♪ >>> this is al jazeera america live from new york city. i'm richelle carey. firey words today on the water crisis in flint, michigan. a house committee is grilling city, state, and federal officials to determine who is to blame for the contaminated water. that is congresswoman sheila jackson lee there. the emergency manager appointed by the state won't testify even though he has been subpoenaed to do so. he is the man who changed the water supply in flint at the direction of the state. libby casey is live in washington with this. libby, officials at all levels of government, all of them, have been under fire for not protecting the people of flint. what has been said so far this morning? >> reporter: that's right. it's really the absences that are notable here. darnell earley is that manager who is not appearing this morning. his law

in richmond virginia, virginia but we will begin in dallas this morning. and heidi, how important is texas for ted cruz? >> reporter: del, it is absolutely crucial for ted cruz. with 155 delegates at stake, texas is a crown jewel on super tuesday. it is the home stayed of ted cruz where he is still very popular among republican voters. cruz, himself, has branded tuesday the most important day in this entire presidential election, trying to motivate his base to turn out. one poll has him leading here in texas by 13 points. now, many analysts are saying if cruz did not win here in his home state, he may as well throw in the towel. he is a good ol' boy here in texas and the other establishment politicians here have turned out to help them win the vote with current governor greb abbott and former governor rick perry at two ernts. texas isvents. texas is one of two states not leading with donald trump. he is attacking trump comparing him to hillae clinton and on twitter, condemning trump for his refusal to condemn a kkk endorsement. del? >> speaking of attackin

prisoners' families about various abuse and racism and even torture that was being done by guards at sci dallas. and when the group published this report, they sent a copy to the prison. and the guards used it as a checklist to abuse prisoners. and one night, while they were beating one of the whistleblowers, six of his friends put up... they put up their sheets on their cell windows in solitary cell. and this was an agreed upon symbol in the solitary wing. this is how you get a superior 'cause very often, if you had a complaint, you wouldn't want to give it to the person you were complaining against. and the way that the guards reacted is they came in in riot gear. they filled the cells with tear gas. they beat, they tased, they hit the men with electrified shields. they cut off their clothing, put hoods over their head. and when one of the guys filed a complaint again that d.a., later the d.a., that very same d.a., then charged all of the men with felony rioting. and i've seen videotapes of it. and it's an absolutely fraudulent charge. and also, it's something that ought to have been obvious

the person infected is from dallas texas, brazil's prime minister declared a health emergency as they struggle to control the outbreak. >> let's take a closer look at this development. sexual transmission is rare, the way you catch it is through the bite of a mosquito. it seems likely that the individual caught zika from a partner. health officials urge men to use condoms after travelling to areas that have the zika virus and to avoid unprotected sex for six months. we are joined live. good to have you with us. if it was concerned, a case of sexual transmission of the disease. this would be a development. it seems that way. that would be the first perception, we have to remember that this is a virus spreading primarily through the bites of the mosquito. that is the roots of the violence, to get from person to western. a consequence of someone being in question. it seems they may be able to pass on the virus through the sexual transition route. this is not a major route for transmission, it's a rare occurrence, and at the moment, the advice that you described where individuals encourag

al jazeera's correspondent is live in dallas. >> reporter: good evening. so christie's endorsement of trump came as a surprise. it wasn't long ago that he had been one of the hashest critics, the only republican candidate that could match donald trump's hard talking rhetoric. after he dropped out we hadn't heard from chris christie until today when he had a lot to say about his new friend >> i am proud to be here to endoctors donald trump for the president of the united states >> reporter: for the first time, a presidential rival is throwing his support behind donald trump. i have gotten to know everyone and there is no-one able to represent america than donald trump. >> reporter: this is a very different chris christie, than the candidate >> this is not a negotiation of a real estate deal. this is international diplomacy. >> reporter: that was him last august talking about his lack of foreign policy experience. in november chris see said he wasn't the right man for the job >> i said to him, you don't want this job. this does not play to your skill set. if

and today the dallas morning news endorsed john kasich over home state rival ted cruz, saying cruz threatens to take the party to a quote, dark place. the paper threw itself behind hillary clinton, but the last democrat to win texas was jimmy carter 40 years ago. >> paul thank you so much. >>> on saturday night we'll take a deeper look at money and the 2016 campaign. some candidates call for campaign finance reform. a look at whether it is even possible to take big money out of the political process. up next the meeting 1,000 years in the making, pope francis comes face-to-face to its orthodox counterpart. and finding out against invasive snakes, how wildlife officials in florida are trying to contain the burmese python. ♪ >> havana provided the background today to an historic first. pope francis met with the head of the russian orthodox church. it is the first time the heads of the two churches have ever made. natasha ghoneim is in havana. >> the two men exchanged hugs and kisses. they called themselves brothers. but in a joint declaration issued after the almost three-hour meeting here i

over in texas, kevin duran and westbrook forward 24 points as a 116 to 103 point win against east dallas. not much rest for the north division leaders. they're back on court later on thursday to face the pelicans. a two decade long dream could finally become a reality for boxing super star floid mayweather. professional boxers may be allowed to fight at the olympics this year. he felt out on a medal in 1996. athletes with 15 paid gouts are ineligible to compete. but that could be scrapped. novak djokovic beat his opponent to reach the milestone on wednesday. he won in straight sets 61, of 2 in 65 minutes. he is one of three active players to reach 700 wins. he is still 75 victories behind nadal and 300 behind roger feder. i enjoy every win. it sound like i've played many matches, 700 wins is, of course, somebodying that i'm very proud of together with my team we worked hard in this course of 10 years. my professional career and i remember the very first win i made on the tour and, of course, it has been a great ride and hopefully i can keep going. >> reporter: there is a shock exit in me

, though, kevin durant, and russell westbrook both scored 24 points, as the thunder won against the dallas mavericks. not much rest for the leaders, oklahoma are back on court later on thursday to face the new orleans pelicans. >>> a two decade-long dream could in theory finally become a reality for floyd mayweather. the sports rule makers say they are working on allowing professional boxers to fight at the rio olympics this year. he missed out on an olympic gold medal at the atlanta games in 1996. under current rules professionals with more than 15 paid bouts are not allowed to compete. but the board could scrap that rule in time for the games this august. >>> and that is all of the sport for now. >> thanks very much. >>> now a hacking expert has told al jazeera that hollywood is struggling to protect itself against cyber crime. it has been more than a year since sony was hit by a massive attack, and now criminals are increasingly turning their attention to the studios. phil lavelle reports. >> reporter: there is edward snowden, and there is hollywood director oliver stone. he is making a

the officials in dallas said that the anonymous woman caught the disease from someone visiting venezuela, and she's not pregnant. meanwhile, aljazeera's virginia lopez reports from caracas on the strain to bring zika under control. >> at the tropical diseases capital of caracas, the doctors are confronting a disease that they know very little about, and for which the local authorities gave no warning. the zika virus expected to affect as many as 4 million people around the world, is being diagnosed here because of its symptoms, fever, joint pain and skin rashes. doctors are training far behind the virus, and the country's situation is only bound to make things worse. >> we have very limited tools, basically, because we have no reacttives for diagnoses, and we lack tubes and syringes, there's a general lack of supplies. >> reporter: what they find more alarming, the lack of information about the zika virus from the ministry of health. and what that says about the country's health system. >> we're facing the perfect storm. we're in a country with a financial crisis, with severe shortages o

. >> reporter: i actually spoke with one of donald trump's hispanic supporters here in dallas today. 27-year-old is the son of mexican immigrants and he told me he supports trump because he is an anti establishment candidate who he thinks has a strong way of defending the u.s. against terrorism. when it came to immigration, he said he did not support trump's idea of deporting all 11 million undocumented immigrants. he said immigration for him was not a defining issue and he rejected the former mexican president's plea together p today to be against donald trump. >> we make up our own decisions and we don't surrender our decision-making skills to mexico, rome, the vatican. we make up our own mind >> reporter: trump did take the 44% of hispanic votes in nevada, but it remains to be seen how he will do here in texas come tuesday where ted cruz who is from texas has an advantage. also nationally washing post shows more than 80% of an unfavorable view of him and only 16% say they will vote for him in a general election >>> neither one of the three top candidates are supportive of immigrat

today closer to 60 degrees, and by tomorrow a lot of these temperatures fall to 60s which bring dallas to 53. the east coast is not as mild as it was over the course of the weekend. but look at this, los angeles, 82. we'll have high winds over the next couple of days that could cause problems in terms of high-profile vehicles. there's that developing system i was talking about. now we have the story on that cyclone. look at the loopy loop this has made in its track before it finally hit fiji. right now it's what they call a category 4 storm. winds are up to 110 mph. their scale is different than here in the united states. we would call this a category 2 storm. >> it looks like it was devastating for them. >> oil prices getting a past this morning. there is a new forecast that says that the production in the u.s. is going to drop, and that could drive prices up. we have more on the widespread effects. >> low prices for petrol or gas in the u.s. it's consumer heaven. prices have not been this low since the economic crash of 2009. people are driving farther, filling up more often and buyi

the case in dallas county, the accident was acquired from someone who went to venezuela. the newly infected person had not traveled there, so the c.d.c. and doctors say the best precaution is to use protection. >> if a person is traveling to one of those 26 countries that have been declared by the pan american and world health organization to be transmitting the disease, mostly in the caribbean and south america, they should use condoms for their sexual contacts. >> zika virus infections usually mild and deaths rare. scientists are looking at birth fee effects in brazil. the virus could affect 4 million people in the americas. >> to have a tenfold increase in numbers and the potential for spread not just across latin america but into africa and asia which have the highest birth rates in the world we believe is a matter of public health concern and constitutes an international emergency. >> french drug maker announced a project to develop a zika virus vaccine. the spread of mosquitoes is being developed. >> we are talking about years not months for a vaccine. we have to be

he is also the owner of the dallas mavericks. mark cuban sat down with bloomberg's stephanie ruhle in toronto and began by sharing his thoughts on silicon valley. take a listen. mark: culture matters. silicon valley has a very specific culture. it's the old hollywood culture. when you hear about the old days of hollywood from 30 years ago, 50 years ago, and you hear stories about people saying you are always looking over the shoulder for your next bigger star, the better script, in silicon valley, everyone is always looking over your shoulder for the next startup, the better startup, the bigger unicorn. people don't just dig in and go to work. i think dallas, austin boston, , new york -- there are so many places right now, minneapolis, pittsburgh -- that are hypergrowth for startups, the culture makes it so much better for companies. i think silicon valley has become a significant negative. there's only one good thing about silicon valley. that's were the people who create the access are. there are people who will buy your compan

has been confirmed in dallas county. that confirmed after the outbreak was declared a global public health emergency. a patient became infected after having sexual contact with a sick person who let returned from a country where the virus was present. mark zuckerberg became the world's fourth richest person as facebook chairs -- shares fended off plunging stock prices. that defaulted him above jeff bezos on the bloomberg billionaires index. global news before hours today powered by our journalists and news bureaus around the world. is amazing how rich one can become overnight. let's talk about the spanish bank. would tell you what their numbers say about the performance was at the net profit coming above estimates for the fourth quarter. at 824imate was set euros, that is moving in the right direction. their capital ratio also fully loaded racial 10.3%, an improvement over september's number. numbers coming in better than estimated. capital for a much in focus in this sector as a whole. the concern was whether the situat

. ♪ hello from dallas, texas, where everything, including presidential candidate endorsements come is bigger. this has been a genetic day on the campaign trail. how about this huge and surprising endorsement from new jersey governor todd whitman backing john kasich. oh and donald trump has his own new jersey endorsement, governor chris christie. here is how christie explains his decision. governor christie: i am proud to be hereto endorsed a much him for president of the united states. we sat down as a family and we talked about to be one to play a role in this campaign or do we want to not? i concluded with mary pat and the children supported that we want to be with the person who we thought could provide the strongest leadership for america, and the person who could best make sure hillary clinton never gets within 10 miles of the white house. once we made that decision, it was clear the only choice was donald trump, the best choice was donald trump. our family is one that price loyalty. we have been good friends with donald and his family for many years. i don't send smoke signals.

the president and owner of the dallas mavericks is live at the munich summit. he will talk market volatility in fantasy sports. scarlet: and kenneth feinberg weighs in on big banker bonuses. ♪ alix: welcome back to "bloomberg markets." i'm alix steel. scarlet fu. john paulson diving back into debt -- the hedge fund managers seeking to raise money for private equity for companies in need of rescue financing. this will focus on less liquid firms and coinvestment. shares rising and then breaking, after news that the ceo of victoria's secret is out and leslie wexner will take over. shewill write or excise -- will prioritize family as she position.her next scarlet: and another invasion ofthe decepticons. alix is marking her calendar. the next installment is going to star mark wahlberg, marking mark, and be directed by michael bay. alix: are you kidding? rk, michael bay? yeah. and i see isaiah on a lot of nerd things -- julie: i've got to break with you on this one. you say the words "michael bay" to me and i am out. alix: i'm in. julie: we're talking banks now. a

let's begin at the nba all-star weekend where stephanie ruhle went one-on-one with dallas mavericks owner mark cuban. mark: in silicon valley, they are in their own little world. they have insulated themselves, they have lost touch with reality. kids get an $8 million valuation, they raised $2 million, keep 75% of the company -- it is ridiculous. stephanie: what is going to happen? mark: they are getting written down to nothing. if you invest in 95% of silicon valley coming out, the minute you write that check and it clears, you should write it to $0 because that is what it is worth. they have no chance. some companies are good, but 95% are done before they start. 5% will be amazing. stephanie: marc benioff has been outspoken saying stop avoiding the public market. if you have a lead, go public, get testing. mark: i have been a proponent of that for a long time. what is happening in the market right now -- there is a dearth of high-growth companies. we look at facebook, netflix, google as hypergrowth companies when their hypergrowth is behind them. they are still growing quickly. what is

. ♪ from dallas, texas, where everything, including presidential candidate endorsements come is bigger. this has been a genetic day on the campaign trail. how about this huge and surprising endorsement from new jersey governor todd whitman backing

francine: dallas goldman president gary cohen speaking with david ingles in shanghai. next, apples's battle against the fbi heats up as the titans of tech lineup. ♪ to thee: let's get bloomberg business flash with nejra cehic. nejra: royal bank of scotland shares have fallen in london after britain's largest taxpayer-owned lender said it would take longer to resume shareholder payouts. rbs posted a net loss for 2015 of 1.98 billion pounds, its eighth consecutive annual loss. haslondon stock exchange released more details of a potential merger. the combined group would have headquarters in both london and frankfurt. the deal would see xavier rolet stepping down. that is not the only prospective merger in the sector. southeast asia's biggest operator is seeking to buy london's baltic exchange. has made a nonbinding bid for baltic. that is your bloomberg business flash. francine: thank you so much. apple's fight to stop the u.s. government unlocking a phone used by one of the san bernardino shooters is said to reach congress or the supreme court. google and facebook are

i was in dallas last week. i saw somebody fill up their truck for $1.26 a gallon. doesn't that leave the consumer with extra money to spend? shouldn't same-store sales be gangbusters? matt: they are a debt. only up .5%. so far, you are not seeing the sort of let i expected. -- sort of lift i expected. the support from lower gasoline prices which works for consumers and ranchers and , it works to prevent a recession. matt: thank you for joining us. you will stick around. i will ask you a few questions about the fed, negative interest rates. more from evercore isi chairman ed hyman. stay with us for that. it is apple versus the u.s. government. a closer look at the encryption fight dominating the tech world. they are interesting story. something you don't want to miss. ♪ matt: welcome back to bloomberg markets. i'm back now with evercore isi chairman ed hyman. i want to get your take on some rates issues. rates, getting paid to borrow, now japan joins germany, switzerland and denmark -- it seems insane to me that i would pay someone to hold my money for me but peop

david: that was the owner of the dallas mavericks, still ahead, we will tell you why prominent bond fund manager said negative interest rates don't work and i might hurt. -- and they might hurt. ♪ david: welcome back. over turn to the debate negative interest rates to stimulate the economy. janet yellen says the fed is looking at the idea. >> in light of european countries and others that have gone through negative rates, we are taking a look at them again because we want to be aired in the event related to add accommodation. david: big names in the bond market are lining up against the idea. bill gross and scott mather are among those who say negative rates will not work. time a newent some beach talking to these guys. it's the argument they make against this? contractionaryis that you are taking money out of the system by lowering interest. there is no reason your money in a bank and no reason to save and where's the payback for banks? thanks right now have been suffering. let me play a clip from the president of the new york fed, bill dudley, who talked about the likelihood of this

stephanie ruhle's exclusive interview with dallas mavericks owner mark cuban. at the tech conference in toronto. he had a lot to say on the latest market volatility. mark: i think we are going to a market structure correction where we don't quite understand the markets and asset classes are correlated. we are seeing algorithm trading one class versus another that it is not just about fundamentals anymore. when investors or traders do not understand what is going on, they get out and go to cash. stephanie: what are you doing? mark: i have hedged the positions that i like like netflix. i have smaller caps that have not moved so it is not a big deal. i have bought in some lottery tickets. d forally -- i bought gol the 120's. i think i bought them when they were $.25. now they are at or near the money. because i'm not quite sure what is going on, two things will happen -- one, i will take different liars. two, i will hedge. three, i will look for things that falls outside of common sense. i have not seen it yet, but legislate netflix falls to 10. it will not happen

begin at the nba all-star weekend where stephanie ruhle went one-on-one with gallus mag writes -- with dallas mavericks owner mark cuban. mark: in silicon valley, they are in their own little world. they have insulated themselves, they have lost touch with reality. kids get an $8 million valuation, they raised $2 million, keep 75% of the company -- it is ridiculous. stephanie: what is going to happen? mark: they are getting written down to nothing. if you invest in 95% of silicon valley coming out, the minute you write that check and it clears, you should write it to $0 because that is what it is worth. they have no chance. some companies are good, but 95% are done before they start. 5% will be amazing. stephanie: marc benioff has been outspoken saying stop avoiding the public market. public,ave a lead, go get testing. mark: i have a neighbor, -- i have been a proponent of that for a long time. what is happening in the market right now -- there is a dearth of high-growth companies. we look at facebook, netflix, google as hypergrowth companies when their hypergrowth is behind them. they are st

let's begin at the nba all-star weekend where stephanie ruhle went one-on-one with dallas mavericks owner and noted tech disruptor mark cuban. mark: in silicon valley, they are in their own little world. they have insulated themselves they have lost touch with reality. you have kids that graduate from this school or that school with an idea that they get an $8 million valuation, they raised $2 million, keep 75% of the company -- it is ridiculous. i have been saying it for a long time. stephanie: what is going to happen? mark: they are getting written down to nothing. a lot of them are going out of business. literally, if you invest in 95% of silicon valley's coming out or have come out in the last year, the minute you write that check and it clears, you should write it to $0 because that is what it is worth. these companies have no chance. stephanie: no chance? mark: some companies are good, but 95% are done before they started. 5% will be amazing. stephanie: should more be going public? marc benioff has been outspoken saying stop avoiding the public market. if you have a lead, go public,

. ♪ hello from dallas, texas, where everything, including presidential candidate endorsements come is bigger. this has been a genetic day on the campaign trail. how about this huge and surprising endorsement from new jersey governor todd whitman backing john kasich. oh and donald trump has his own new jersey endorsement, governor chris christie.

let's begin at the nba all-star weekend where stephanie ruhle went one-on-one with dallas mavericks owner and noted tech disruptor mark cuban. mark: in silicon valley, they are in their own little world. they have insulated themselves, they have lost touch with reality. you've got kids, because they graduate from this school or that school with an idea that they get an $8 million valuation, they raised $2 million, keep 75% of the company -- it is ridiculous. i have been saying it for a long time. stephanie: what is going to happen? mark: they are getting written down to nothing. a lot of them are going out of business. literally, if you invest in 95% of the silicon valley's that are coming out or have come out in the last year, the minute you write that check and it clears, you should write it to $0 because that is what it is worth. these companies have no chance. stephanie: no chance? mark: some companies are good, but 95% are done before they started out of silicon valley. 5% will be amazing. stephanie: should more be going public? marc benioff has been outspoken saying stop avoiding th

pickens, thank you for joining us from dallas, texas. matt: coming up, we will talk to henry mcveigh --an interview you do not want to miss. there he is sitting in the hp green room. stay with us. ♪ vonnie: welcome back to "bloomberg ." i am vonnie quinn with your business flash. jobless claims have exceeded tutored 80,000 for the third straight week that the generate jobs report is out tomorrow. lions gate entertainment is planning to restart discussion to require -- acquire starz according to people familiar with the matter. billionaire john malone, who controls starz voting shares is said to be interested in merging with lions gate and lower the entire company's taxes. an indicator that the arts market is losing steam after several years of growth. a portrait of pablo picasso's "young lover" went for $25 million activities in london, 20% less than what it sold for four years ago. stephanie: thank you. we are taking a quick look down in defeat. martin merit of the pharma care association is speaking. this is the martin shkreli te

health officials in dallas are locallyng the transmitted case of the zika virus in the u.s.. the world health organization says the zika virus is a global public health emergency. global news 24 hours a day powered by 2400 journalists. i am vonnie quinn. tom: breaking news here, lows not buying the toronto maple leafs. this is home-improvement going up against home depot. lowe." 's to buy rona. nymex with a 29 trend last -- liz annthe vix sonders, you would think there would be a 28 with the news flow. there is not. fearful a better less vix. yen, yen, yen is the focal point this morning. francine: the currency has taken out over half of its decline triggered against the boj decision to cut interest rates. figuresisappointing from adb. asian stocks are down. as nomura and others disappointed. i know you would like this, tom. the reserve bank of india by leavinglstered interest rates alone. tom: it is extremely hard, and some of those moved abruptly over the last 90 days. clinic time. steve major on the set. he is the only one who gets this. two-year spread. here's george can

he says we don't keep a dallas sheet -- a balance sheet, so we don't have to record it. full coverage of mario draghi speech a little later on, speaking in the european parliament at 2:00 p.m. in london, three 5 p.m. in brussels. this is bloomberg surveillance. we're streaming everywhere. ♪ guy: it's time for the forex report, let's tell you what's happening in a volatile session. you can see what's happening with the dollar. we've seen one of the really big , and thee dollar yen eurodollar dips below 112. you can see how these two central banks in particular deal with the view on negative rates. has it worked? 77-32.lar ruvell 6.49 is where we are trading for the dollar on sure you and b. rates, paul kazarian and marketable and with us. to helpive rates going the global economy? paul: i don't have a choice to go more negative. think it's the worst option. guy: including the fed? paul: if you look at the u.s., and you look at the change in gdp, as a percentage of the change in debt, you are going to see that the more debt they continue to add, they are getting less and

in indianapolis at in dallas, facilitieshese within posted so many events sporting and nonsporting. but there is a facility in hazelwood that will be one of all-around sports centers ever. they could have so many events, on that will help the return investment. stephanie: i hope to see when you are back from the super bowl next week. when we come back, we have to talk donald trump, and his real estate records. you are watching bloomberg go. ♪ stephanie: welcome back, you are watching bloomberg go. stephen ross is here with us. joining us now, bloomberg executive editor tim o'brien. we have to talk donald trump with you today. , saying quoteook a well-documented and widely dealsed trail of bad litters trumps past as a gambling real estate mogul. he?real is >> he is probably the world's greatest promoter. that is the best thing i can say about donald. the economy turned bad, and he in a little gun shy developing. so he used his name to promote. a lot of the buildings you see that are trumps this or trumps that in different parts of the world, he is using his name. it is more of a fr

for: i was down in dallas the weekend him and his was one dollar 26 a gallon at the quick trip. trip.26 at the quick >> really? i am an economist, and if you look last year, we had 3% consumption growth. that is a pretty good number great a loss of that is because you were paying less at the pump . it was good for the rest of the economy. the problem is is that the manufacturing sectors are struggling. that's manufacturing may only be in the not low teens of gdp. but, you look at the credit market, and that is where you can get some like and how credit markets react versus the rest of the market, the rest of the economy, because a much higher percentage of credit markets are those manufacturing businesses. there is a lot of other sectors you could say. that rate on the credit markets and little bit. i do agree with this point. david: it has been years since anybody has said that. >> mike firn has been that every time i start to ask about that, as the time you're supposed to be buying high-yield, not telling it. comes between one and four years to between maturity. it gives compa