Lauer in his career at the network, the company was presented with reasons to believe this may not have been an isolated incident debt. Lauer former cohost Savannah Guthrie made that announcement at the top of today show where lauer has been an anchor for decades. Guthrie was informed moments just before going on air. This is a sad morning here at today and at nbc news. Just moments ago, nbc news andy lack sent 9 following note to our organization. We received a detail complained from a colleague about inappropriate sexual behavior in the workplace by matt lawyer. It represented after serious review a clear violation of our companys standards. As a result, we have decided to terminate his employment. While it is the first complaint about his behavior in the over 20 years he has been at nbc news, we were also presented with reason to believe this may not have been an isolated incident. Our highest praet is to create a Workplace Environment where everyone feels safe and protected and to
Power lunch starts right now good day, everybody. Welcome to power lunch. Im Tyler Mathisen as michelle just highlighted, the dow and s p 500 hitting records again. But we are well off those levels at this hour nasdaq basically getting slammed. Down more than 1 . Big selloff in tech. Check out what is leading that nasdaq 100 lower Lamb Research down so auto disk down 15 now applied materials, invidia also in the tank today. In fact, the whole Semi Conductor industry on pace for its worst day in almost a year more on this group coming up forget ten, folks. Lets move on to 11,000. Bitcoin breaking past 11,000 just hours after topping 10,000 for the first time ever. Everybody is talking about bitcoin. Crypto currency up more than 30 in the past week and now up well over 1,000 this year, brian. Its like an auction. Do i hear 12,000 im Brian Sullivan heres what else is happening at this hour. Tyler drilled down on bitcoins record run the nasdaq planning to launch Bitcoin Futures next year.
Show cohost matt lauer. She read a statement from andy lack saying in part on monday night we received a detailed complaint from a colleague about inappropriate sexual behavior in the workplace by matt lauer. Lack went on to say, while it is the first complaint about his behavior in the over 20 years hes been at nbc news, we were also presented with reason to believe this may not have been isolated incident. And so in fewer than 35 hours after the complaint, lauer went from a National Morning show fixture to fired. His colleagues at the today show could not contain their shock. For the moment all we can say is that we are heart broken. Im heart broken for matt he is hes my dear dear friend and my partner and hes beloved by many, many people im heart broken for the brave colleague who came forward to tell her story and any other women who have their own stories to tell. And we are grappling with a dilemma that so many people have passed these past few weeks how do you reconcile your lov
He apologized when the woman recoiled and said he remainedly with her until the lawyer called. Reporter earlier i spoke with Christine Pelosi about the growing issue of Sexual Harassment in media and politics. She has been an advocate for workplace protections for women at the state capital and she expects these bombshells will keep coming. Stories are coming out, there are people who are going to reporters and talking to lawyers about how to come forward but the legislature should be on notice. We know there are rapists and molesters in the california legislature. Justice is coming. What they need to do is get out ahead of it for the good of their communities and step down but if they dont, um, were going to be hearing about them. Reporter she is pelosis daughter. She founded a group called we said enough. The fight for womens rights to a safe workplace. They are helping women in politics fight Sexual Harassment at the state capital and frank and julie, she was there yesterday and tes
Built. Somebody was not watching what was going on. Somebody has to be responsible for the end product. The ball was rolling, but it wasnt done right on everything. Reporter kpix5 first learned heavy ceramic tiles were falling off the sides of homes in early october. Kay bee homes initial response was to warn homeowners not to stand directly underneath their homes. Now two months later inspectors are doing inspections. Sources tell us about 70 homes overall need to be fixed. Many homes will need complete tile doovers. A kay bee homes spokeman would not agree to an interview but sent this statement, following through on our commitment to rectify exterior tile concerns, kb home hired a thirdparty expert on tile replacement. We are working to finish inspections quickly to promptly implement the consultants recommendations. Off camera a kb home executive told channel 5 most homeowners were happy with their purchase, but as the tile experts continue to listen to what the walls are saying, o