Now. Happy friday to you. Major development when it comes to the president and foreign policy. Breaking overnight, President Trump has agreed to honor the u. S. s onechina policy. The white house says the president made this commitment while speaking with chinese president xi jinping last night. President trump previously said that he did not feel bound by the policy, which requires the u. S. To maintain only unofficial ties with taiwan. This major Development Comes just a day after chinese aircraft and a u. S. Navy patrol plane had a dangerous encounter in the south china sea. Nbcs janice is live in beijing. What more can you tell us . Reporter the call certainly does ease some of the tension. From chinas perspective, it had to happen. The key point, it was at xis request that trump would honor the onechina policy, which recognizes beijings sovereignty over recognized or was being told to recognize that the risks of not doing so were far too high. Now the two sides can make some more
Jon fortt, sara ooist eisen and me at post 9. Joining us, recodes executive editor kara swisher. Kara, always good to talk to you. The dow is up and up across the board and the president meeting with canadian Prime Minister Justin Trudeau. Its not just that meeting. The president and trudeau will discuss launching a joint task force aimed at helping women in the workforce, talking about executives from general electric, accenture, gm, and a lot more. We know what an issue that has been over the past couple of years, kara, especially for the Tech Community out west. What do you think this brings . Well, well see. I mean, hes obviously interested in creating jobs and hes got to meet with various executives, and well see where these meetings go. I think the real issue is where do the jobs get created and how . So, i think good terms with the Business Community is an important part of the job, i suppose. Im wondering, kara and we want to keep talking about this meeting, of course but this
While you can because more rain heading our way tomorrow and then Even Stronger storm president s s day. Spacex rocket has been scrubbed. Hold, hold, hold. Just had a hold on the countdown. We have a board of the countdown. At tminus 13 seconds. Clock is stopped. Well, you heard it there. Nasa is standing down this morning to take a closer look at the positioning of the second stage engine nozzle. Spacex ceo elon musk tweeted it was all systems go except for the engine Hydraulic Piston that was slightly odd. The next opportunity will come at 6 38 tomorrow morn. Back here in the bay area the Anderson Reservoir is now over capacity this morning at 100. 3 . Into coyote creek that youre looking at. Water officials are in a race against time to release as much water as possible to prevent flooding. Katie utehs has that. Reporter thousands of gallons of water gushed from the base of anderson dam. We come here once a week to watch it. Reporter relentless rain is filling the reservoir. The sto
Who would continue a get Police Officers out of their cars and interacting with people. Fighting crime in the neighborhoods. The chief says that is fundamental. [ applause ] reporter a long wait. 5 months after the mayor appointed him interim chief, mayor bowser picked him for the permanent job. He says d. C. Has avoided much of the arn that plagued many big city anger that plagued many big city anger. We are not going to ask race, religion, age, sexual orientation. When you call us we will always come and when we come we are coming to help. Reporter he says he is committed to community policing. Which is just what many residents say they want from their police. See them walking the sidewalks and i always feel like i can approach them. We have officer friendly. Reporter he is not without critics. A dozen years ago he ordered the mass arrests of hundreds of Peaceful Protesters bottled up in the park, a decision that ultimately cost the city 8 million in fines. And last month the officer
In asia, the nikkei closed up by 1 . Shanghai was down about 0. 4 . Hang seng was up by 0. 6 . In europe, some of the early trading right now, it looks like the dax is up by 0. 6 . The cac and the ftse are flat. If youve been watching the tenyear note. We fell below 2. 4 on the tenyear yield. This morning that yield is at 2. 38 4 off the lows of yesterday. If you look at crude oil prices, crude down 11 for the month. Its up 42 cents today, sitting just above 48 at 48. 16. President trump will be taking aim at former president Barack Obamas Climate Change policy by signing an executive order on Energy Independence today. The order will seek to curb the federal governments enforcement of climate regulations and focus on protecting american drives. The move expected to get legal and political pushback. The monthly s p 500 caseshiller home price index comes out at 9 00 a. M. At 10 00, march Consumer Confidence. Several fed officials speaking today, including janet yellen on Work Force Deve