disclosure claim by the u.s. securities and exchange commission nissan was fined $15000000.00 and go on $1000000.00 ago it is also banned from serving as officer or director of a publicly traded u.s. company for 10 years. indonesian investigators have released initial results into their investigation of a boeing 737 max operated by lion air last october the report blames design flaws and manufacture oversight for the crash backing up other investigations which have raised safety concerns about that boeing model. over japan the countries at the leading edge of robotics research fine tuning technology that increasingly blurs the line between humans and machines and that worries you there's no need at least according to one of japan's leading researchers take a look. oh forget clunky automatons doing basic tasks and listen to erica here future robots talk the talk their brains infused with artificial intelligence this is a lot more science than fiction japan is going all out to build robotics tech roboticists like a russian or blurring the lines between humans and machines for him it's a n

have severed a false financial disclosure claim by u.s. regulators the securities and exchange commission says they failed to disclose more than one $140000000.00 and pay nissan will now have to pay a fine of $15000000.00 to the f.c.c. and go on $1000000.00 go is also banned from serving as officer or director and a u.s. company for 10 years under the agreement former nissan chairman still faces criminal fraud allegations in japan. is the most widely used manmade material for building and it's a massive contributor to the climate crisis the $4000000000.00 tons of cement produced each year for concrete construction account for 8 percent of global c o 2 emissions now engineers at the university of lagos' may have found a more sustainable alternative civil engineers dr vall from schmidt and dr colo worley a decent owner not a share a common mission finding the construction material of the future and they reckon they're on to something the peel of the richter vegetable kasatka has properties they could help building sites to be more environmentally friendly cement as lancaster grows to cement is t

the securities and exchange commission says the company and its c.e.o. failed to disclose more than $140000000.00 u.s. dollars in pay and the song will now have to pay a fine of 15000000 to the f.c.c. and gone. off. and any u.s. company for 20 years. still faces criminal fraud allegations in the past. and that's it from me and the business to. business news lots of stories on. slash. social media. markets. looked into the foot is the gate here the. cliff you talk about the. coverage. so you know. what's the connection between bread flour and the european union the no guilt job you call it spawning the baker can stretch this out here in line with the rules set by the senior. staff meeting recipes for success strategy that make a difference. baking bread on the d.w. . hi there and welcome to arts and culture and i hope you're ready to rock n roll on today's program because michael schenker one of the most lot of guitarists of his generation will join in the studio and also coming up. a room with a view i feel tower of british photographer just the white tells a story of paris centerin

of black tea. and. settle the claim by u.s. regulators over false financial disclosure securities and exchange commission says the company and its c.e.o. failed to disclose more than $114000000.00 u.s. dollars in play as well now to pay a fine of 15000000 to the f.c.c. will have to cough up another 1000000 is also from. a us company for 10 years foreman is in china still faces criminal for the allegations in japan. and that's it from the business team here and the visit. coming. from the center of the famous naturalist and explorer. too soon to bring to comics on the from the books from $250.00 of. morning on the floor each of discovery. expedition boy. what's the connection between bret bio and the european union dino guild motto w correspondent alan baker can stretch this county line to the moon's surface by the team. snapping recipes for success strategy that make a difference. baking bread on d.w. . hi there and welcome to arts and culture and i hope you're ready to rock n roll on today's program because michael schenker one of the most lot of guitarists of his generation will join in the studio and also

securities and exchange commission has settled the case with the japanese car maker and its former chairman. nissan will pay a high will pay fifteen million dollars and gone one million of allegations of civil fraud. nissan's accused of hiding from us investors more than a hundred and forty million dollars in compensation retirement benefits which were slated for grown. he also agreed to be barred for ten years from serving as officer or director of a public company. the settlement includes neither an admission nor denial which means that it shouldn't actually impact guns upcoming trial in japan. he's still awaiting. trial on charges of financial misconduct. thomas cook is one of the more high profile travel groups to go bust in recent years. but analysts are warning is unlikely to be the last. europe's fragmented market is making it difficult for many smaller and some more established players to stay afloat. coming up like repeport. ththe travel industrtry is in nd of a bitit of sun in the wake of thomas cook's bankruptcy. some analysts believe that travel agencies once the still

, carlos ghosn, have reached a settlement with the us securities and exchange commission. the comission had accused them of making false financial disclosures about more than a hundred and forty million dollars to be paid to mr ghosn in retirement. nissan will pay a $15 million fine, and mr ghosn will pay $1 million, but neither has admitted wrongdoing. and these pictures are not from mars, but from indonesia, where skies turned red over the weekend, thanks to the widespread forest fires which have plagued huge parts of the country. in these photos, eka wulandari, from the mekar sari village injambi province, captured the blood—red skies at around midday on saturday. every year, fires in indonesia create a smoky haze that can end up blanketing the entire south east asian region. thomas cook — one of the world's largest, and oldest travel companies — has collapsed, leaving thousands of travellers stranded overseas and putting more than 20,000 jobs at risk. the confirmation came earlier on monday, when last—minute talks, to save the i78—year—old company, broke down.

% after news broke the chain has provided information to the security and exchange commission about its accounting practices. on the economic calendar for wednesday, there is data about producer prices and wholesale inventories. joining us is george godber, fund manager, polar capital. good morning. a lot of news flow at the moment, today, on the markets, it feels quite quiet at the moment, most looking to the ecb tomorrow. it feels quite quiet at the moment, most looking to the ecb tomorrowm looks quiet but actually it is like a swan and there is a huge amount of activity under the surface, massive rotation, biggest since the tech bubble and financial crisis, momentum stocks are being turned into value stocks and what is causing that is a very significant change, governments around the world to fiscal stimulus, governments moving to spend money, what caught out moving to spend money, what caught our attention yesterday is the german finance minister saying, "we have billions and billions of euros to spend on the german economy", not words that you hear very often from the german financ

, security and exchange commission will look to you if there's a problem with the documents. let me tell but the protection that exist for the port and the city of san francisco as a large issuer and these are good. you have a knowledgeable staff and a good process. there's been multiple meetings to review the disclosure and it's been scrubbed by your staff. they're mindful of the securities law and they're mindful of the material risks. they have procedures. they have centralized responsibilities. also, they've hired disclosure council, that's us. to introduce myself my name is russ tries and we regularly work to the city with closure and and they have a track record and for investors on each of your outstanding issues. the security exchange commission considering those things carefully in an enforcement action and those are all very helpful facts? disclosure speaks as of its date. you will approve it and sell your refunding bonds and that's the date of your disclosure. generally speaking, you don't have a duty to update it as developments come along. there are a few exceptions. you have an

current financial information in order to comply with federal securities and exchange commission regulations. if approved, the resolution will allow the controller to distribute these documents to prospective vendors -- bidders and investors as it relates to the upcoming sale of the c.o.p. related to the 49 south van ness project. by way of background following the board's 2017 authorization for the $321 million in c.o.p. 449 south van ness, the controller has issued commercial paper in approximately 140 million-dollar income to balance the project. in order to refinance these notes and finance the remaining portions of the project, the office of public finance public finance intends to sell these later in october. the financing parameters previously authorized by the board have not changed and our intention is to sell them within the not to exceed authorization amount, in terms of project updates, the project is about 70% complete and is scheduled for completion in may of 2020. i'm available to answer any questions related to the finance piece. >> okay. >> good, i think we are all good are

created by the dodd-frank wall street reform and consumer protection act for the securities and exchange commission. at the s.e.c., this program has proven to be extremely successful and has been instrumental in incentivizing whistleblowers to report suspected misconduct, while protecting them from retaliation by their employers. according to the s.e.c., the s.e.c.'s whistleblower program has awarded approximately $381 million to 62 individual whistleblowers since the program began. given the pcaob's critical mission to protect investors and further the public interest by ensuring informtific, accurate and independent -- informative, accurate and independent audit reports of public companies and s.e.c.-registered brokers and dealers, it is vital that pcaob whistleblowers are incentivized to come forward and are protected from employer retaliation. due to the success of this program and its proven track record at the s.e.c., i urge my colleagues to support this commonsense bill. thank you, madam speaker, and i reserve the balance of my time. the speaker pro tempore: the gentlelady reserves the balance o

. online at sea spend at organ and listen live on the free seaspan radio app. next, a security and exchange commission with jake clayton and discussions agencies priorities including senator training and distinction over cryptocurrency. he testified before the house financial services committee. >> the committee will come to order. without objection, the chairs authorized weight recess of the committee at any time. this hearing is entitled oversight of the security and exchange commission. i (inaudible) recognize myself for four minutes with an opening statement. good morning. i want to welcome back chairman clayton and welcome jackson,'s placement and lee to this important hearing of the sec's role in risk capital markets. it's the first time since 2007, that all commissioners at this exchange commission have testified before the financial services committee. i believe it is important for the committee to hear testimony from each of the commissioners including as chairman, because he told the vote of important rally authority in these matters. they are unique reviews that the committee should be aware of.

outside law firm. hnissan agreed to pay $15 millin to settle with the securities and exchange commission over the company's failure to report more than $140 million in compensation that was to be paid to ghosn after retirement and maria bartiromo has been all over this story from the beginning. she'll have full coverage coming up on "mornings with maria." take a look at futures right now, trade optimism, we'll take it for today. we'll see where things go. after mr. mnuchin says that in a couple weeks there will be trade talks underway, markets are liking that, dow up 78, nasdaq up 9, s&p up 29. as the talks are set to continue with the chinese, could farmers and consumers finally get tariff relief? we'll talk about it. not a lot of happiness at the happiest place on earth. you're not going to believe what a new report says is happening at disney world. you're watching "fbn: a.m." ♪ hey soul sister, ain't that mr. mr. on the radio, stereo, the way you move ain't fair you know. ♪ hey, soul sister, i don't want to miss -- where an american icon uses the latest hr tools to stay true to the fa

to today's statement from the securities and exchange commission, the settlement order filed by the sec ys that the outcry slur used 7,000 sales from the cookie jar in september 20 13 12,000 sales in the may 20 16 report to boost their numbers as a part of the settlement the automaker did not admit to or deny any wrongdoing said news for fans the fast food chain will not be offering breakfast items anytime soon. that's according to the company ceo who says aaa is looking to grow in other ways right now the only pull a location that sells breakfast burritos is in dulles international airport right outside d c. >>and the c o notes that that's because it's part of the company's business deal with that airport facebook is now testing a i'd likes during the experiment likes reactions in videos views from users will be made private. >>meaning that no one but the account holder can actually see them facebook hopes to track whether this change will improve people's social media experiences. most of us won't get to a try this experiment because it's being tested. in australia. >>very scary,

, that's actually a crime. it's illegal to deliberately try to manipulate the markets. the securities and exchange commission says that kind of behavior is against federal law. for the record, it's also a crime for a president or anyone to falsify a weather forecast, like, say, a hurricane tracking map, like he did today when he held up this doctored map in the oval office. as meteorologist matthew cappucci points out today, and andrew freidman at the washington post point out, per 18 u.s. code section 2074, whoever knowingly publishes any weather forecast or warning of weather conditions falsely representing such forecast shall be fined under this title or imprisoned by not more than -- excuse me -- imprisoned not more than 90 days or both. you have to pay a fine for that or go to prison for 90 days or both. i should say the modern iteration of both of those government weather services mentioned in that statute would include the national weather service, would include the national hurricane center, which was, in fact, the originator of the tracking map the president put on display in the oval office today with w

markets. the securities and exchange commission says that behavior is against federal law. for the record, it's a crime for a president or anyone to falsify a weather forecast like, say, a hurricane tracking map. like he did today when he held up this doctored map in the oval office. as a meteorologist points out, quote, per 18 u.s. code section 2074, whoever knowingly issues or publishes any counterfeit weather forecast or warning of weather conditions falsely representing such forecast or warning to have been issued or published by the weather bureau or other brand of government service shall be fined under this title or imprisoned by not more than -- excuse me, not more than 90 days or both. a fine for that or go to prison for 90 days or both. i should say the modern iteration of those weather services mentioned would include the national weather service, would include the national hurricane center, which was the originator of the tracking map the president put on display in the oval office today with what was reportedly his own added false drawing that was scribbled into the co

franchise as a security. it's regulated by the securities and exchange commission. did you know that? taylor: no. lemonis: they will put you in [bleep] jail. it's not like you go to court, and you get sued. jeff: if it went the wrong way, yes, i'm up [bleep] creek, but i've protected him against any -- lemonis: how have you protected him? he's an officer of the company. they'd come after him, too. taylor: i didn't actually know that. i should not be an attorney. i shouldn't be involved in all this kind of stuff. i don't trust what's going on. how the hell -- lemonis: do you trust your dad? taylor: on a business standpoint, no. lemonis: what did you tell me in the car in the drive-through? taylor: i told him that i never felt like you're my father. he asked me about it because i say jeff, like, i use your name when i talk to most people professionally. jeff: don't ever reference me by my first name, or i'll put you on your ass. i don't care if we're in front of him or in front of that [bleep] camera. i'm dad. you ever refer to me as jeff in public or anywhere else, this giant physique

a controversial rule, thankfully the secure and exchange commission is now stepped in and is what is now called a best interest sanction who invest in brokers who are folks that ordinarily are directly by the sec rather than by the (inaudible). having worked with the department before, i'm very mindful of the special royalties apartment has in the tension and the workers retirement. >> you've had a lot of work done on this. in returning the role, would you recuse yourself for this forthcoming advisory role because of it? >> as you know, there are ethics rules that will govern what matters and when i'm with the department which will work quire be part of by forward quiet so i will seek guidance from the designated efforts official of the department of labor in regarding my ability to participate would be. >> one final on this. you are obviously being nominated today for the department of labor which explicitly slick suggest retirement investment advice. on this pension failure, congress wanted the protection for retirement savings that investments overseen by the as easy. will you sug

clients to address a rule that was -- it was a controversial rule. thankfully the securities and exchange commission has now stepped in and itself adopted what's called a best interest standard with respect to broker dealers who are folks that ordinarily are regulated directly by the s.e.c. but, again, having worked at the department before, i'm very mindful of the special role the department has in protecting pensions and workers' retirements. >> you've had a lot of work done on this in overturning the rule. would you recuse yourself from participating in dol's revised judiciary rule because of that? >> as you know there are federal ethics rules that will govern what matters that i can work on when i'm at the department where there might have been some prior connection on my part or the part of my firm or a client,y so in the case of the fiduciary rule i would seek guidance from the designated agency ethics official that the department of labor regarding what my ability to participate would be. >> okay. and one final on this. you're obviously being nominated to lead the department of labor, which congr

and exchange commission with $15 million over claims that it failed to disclose more than $140 million in goshn's salary, goshn agreed to pay $1 million in civil penalties, your thoughts kevin kelly on carlos goshn, they are waiting on trial and you keep saying all i want is a fair trial, i don't know if he will get it, what do you think? >> it's very tough because of the system over there, it's important to note that nissan and this is really hard, you know, time for those manufacturers especially when you think about the unions that are involved, look at gm today alone, right, this is a distraction that no company needs and played out through stock prices. maria: amazing to see this person getting the charges and at one point he was like the king of the world in japan, there were economic books written about him jonathan and here he is basically under house arrest. >> tremendous successful leader and competitive markets, some of the charges at least seem to be unexplained at this point, i hope the fact that there was settlement with the sec could expedite the process and japa

they supervise poses were percentages of the security exchange commission and federal trade commission and contacted consumers in the united states claiming they had won a prize. costa rican call center took steps to identify using call spoofing technology that made it appear the calls they made came from washington dc which lent considerable weight to the scam. other internet enabled technologies also played a part at trial one victim testified she was warned to keep pain as the caller knew where she and her family lived. used images and other information from the internet to make his point. payments to costa rica present by wire transfer or through money orders sent by mail or private couriers. smith and griffin hired runners to meet victims of their homes. nine defendants were charged, eight worked in the call center while they were caught wandering funds in costa rica. postal vector satisfied approximately 1800 people who collectively lost more than $10 million just in connection with this particular case. one such person was the grandmother, ms. marjorie jones. several

between the regimes, there should be an implied immunity from antitrust laws. the securities exchange commission at the time took a different view. solicitor general agreed with our point of view and we filed two -- in the second circuit. b that is messed up. back then, when there was a viewpoint, from the ftc, that came to the division, i believe it was the sixth or eighth circuit where the ftc had lost on a theory that the department did not agree with and they have certain authority to litigate in the supreme court. the antitrust division did not agree with the theory and illegality of pay for delays when it was within the term of the patent. the ftc went up and then the chief justice was not unfamiliar with the solicitor's office and asked for the views of the solicitor general. and has happened and it is unfortunate. we do our best to avoid that when we can. it is not just ftc and doj, perhaps in the qualcomm case, within the ftc, have been different viewpoints amongst the commissioners. it is not necessarily just the two agencies. >> they do have rules to determine when it has taken the position of one it is in the absence of anonymity. >> the only one i was thinking of is the

cameras. and people inside from accidentally visiting sites that aren't secure. and if someone trys we'll let you know. xfi advanced security. if it's connected, it's protected. call, click, or visit a store today. neil: all right the securities & exchange commission exchange commission taken action to get retail investors into the private markets. sometimes easier said than done but they're trying. charlie gasparino is first on that, what are they breaking down. >> this is what he focuses on in his business. here is what we know from the sec, our sources close to the sec say they have a plan that is coming out pretty soon, at least a proposal, in the works how to give retail investors to privately traded shares in the markets. omid will talk about it. retail investors don't have access to it but according to the sec they want to create some sort of a mutual fund structure or i should say a hedge fund like structure open to small investors that doesn't have the eligibility requirements after hedge fund. don't have to be a qualified investor or million dollars unmanagement. if you're neil cavuto -- neil: key inside lay player. >> neil cavuto with your $25,000 you can buy into the portfolio that is invested in a diversified portfolio of pre-ipo shares. peopl