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tv   Early Start with Christine Romans and Dave Briggs  CNN  April 20, 2017 1:00am-2:01am PDT

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talk to your doctor, and call 844-234-2424 to learn more. . there has been a slew of adversaries, rush is standing firm. we'll have the latest on this diplomatic stare-down. the face of skabl news detloeped, bill o'reilly is out. what's next for the new yorker? >> good morning. i'm alison kosic. >> i'm dave briggs. certainly a changing of the guard at fox news, we start this morning with the trump
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administration not backing off, tough talking several fights around the world with north korea and russia, on the iran nuclear deal, president trump asked for a multi-agency review to determine lifting sanctions in exchange for tehran curbing its nuclear program is really in the national interest. >> secretary of state rex tillerson says they completely ignored all the other serious threats that iran poses. listen. >> the world's leader state sponsor of terrorism, is responsible for multiple conflicts, in countries such as syria, yemen, iraq and lebanon, they are continuing to support a tax against israel. an unchecked iran has the potential to travel the same path as north korea. and take the world along with it. >> tillerson's comments coming a day after he certified congress
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that iran is complying with the deal, but questions whether sanctions shouldn't be re-imposed because of eastern's alleged sponsorship of terrorism. secretary tillerson mentioning north korea, which already has sky high tensions with its neighbors and with the u.s. well, today, american and south korean forces are conducting a max thunder drill, the largest exercise on the korean peninsula. paula hancocks is in seoul at the airbase with and up close look. >> reporter: dave and allison, this is max thunder, a massive operation in south korea. there is more than 80 aircrafts involved in this. that's more than 1,500 people. we know that it's routine. we know it's annual. we are told by the lt. col. in charge they weren't actually carrying out these drills, they don't have a spec enemy in mind. given the tensions on the korean
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peninsula, this is inevitably going to be more in the spotlight. the massive fighting power. it is not what north korea leaks to see. every single year when it happens, they become angry. they believe this is a dress rehearsal for an invasion, even though the united states say they are defensive in nature. just never mind what's happening on the peninsula at this point. north korea said the u.s. pushed the situation to a point where a nuclear war can break out at any time. china as well suggests these drills should not be hang, saying if the u.s. halts these military drills, potentially north korea could suspend the nuclear and missile program. it's not a new situation. it's not a new situation and it's not one the u.s. welcomes. >> great perspective there. the white house is denying it ms. led the public within it announced last week the uss vinson was heading to the korean peninsula when it was actually
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sailing in the opposite direction. it was president trump who informed the nation a powerful armada was on the way t. aircraft carrier group was actually thousands of miles to the southwest in the indian ocean at the time. listen to white house spokesman sean spicer disputing the notion that the american people were misled. >> the statement was put out, it is headed to the korean peninsula it will arrive there. >> it's headed there now. >> sure. but that's not what we ever said. we said it was heading there. it was shedding there. it is heading there. the president believed he might have spoken too quickly on this location of the vessel. >> he said he had an armada going to the peninsula. that's a fact. it has happened, it is happening, rather. >> the pentagon has not explained a clear location for failing to release the location of the uss vinson for at least a
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week. russia derailed the united states' proposal to condemn north korea. a no vote killing it even though all 14 other members were on board, including china a. statement called on korea to immediately halt the nuclear tests. the rocky nation has already conducted at least five nuclear tests in defiance of the u.n. >> the white house still hoping against the odds to get a health care deal done during president trump's first 100 days in office. two factions are in talks right enough to. mark meadow of the conservative house freedom caucus and tom macarthur of the moderate tuesday group tried to find common ground of repeopleing obamacare t. freedom caucus wants to gut it. the tuesday group favors keeping key elements. a senior official tells cnn reaching a consensus will be a long shot. mike pence on board the uss
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reagan tells dana bash he is confident an agreement will be reached potentially by next week and the president is determined to keep his promise on health care reform. congressman jason chaff etc., announcing chaffetz sayin alter your motives and wants to return to the private sector in utah. he is best known for heading up the investigation of hillary clinton's private e-mail server as secretary of state. he has in the past expressed an interest in becoming the governor of utah. the environmental protection agency plans to reduce its work force, according to an internal memo. it shows the e will offer buyouts and an early retirement program to some workers. the agency will also maintain a hiring freeze with very limited exceptions, even as the government ride band expires. 350 jobs went unfilled at the e
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under the trump administration's hiring freeze and no new positions could be created. the union that represents the ap employees says they want to cut full time positions, that would be more than 25% of its work force. the e has not responded to a cnn request for comment. the big deal here is that the core missions of the e is to protect human health, the environment and everybody wanting to know, how will you do there? nobody is working at the agency. >> it told us a lot when scott pruett was appointed in the direction of that group. so we shall see where it goes from here and clean water in this country an important issue. meanwhile arc changing of the guard at fox news, harassment allegations, which was it that proved too much to keep bill o'reilly the king of cable news. what's next for him and fox news?
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>> in a decision rocking cable news, bill o'reilly, the head of the flagship show "the o'reilly factor" is out. finally yielding to pressure after years of sexual harassment claims add up. >> a former writer and median reporter for the capital hill journal "the hill." civil rights attorney reeva martin. thanks for being up so early for us. joe, we'll start with you. look, this was about three weeks ago since this "new york times" piece came out. no executive was surprised by that piece. they knew it was coming. bill o'reilly is out of a job today because what? >> because every advertiser going forward, every company that went to the "o'reilly factor" on fox, said we want to advertise, even though it's weeks, months later, in 2017, because of twitter, you can
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shame any company out of ever doing that. there are people invested in making sure bill o'reilly don't succeed, for instance. so that's what i think. i think they saw also more people coming forward, more women. this is a news cycle that will never end. >> do you think this investigation turned up more women? >> absolutely. we've seen two women come forward since the "new york times" story. you add that up. they said this is a pr story. they saw the megyn kelly situation in january. they saw her get so easily replaced, this big star, they offered her $100 million. tucker karlsson who worked on "fox and friends" weekend a couple months before. are you familiar with there show. >> i we heard of it. >> he stepped in the ratings improve. they see themselves as a formula. as a place where people will come regardless of who is sitting in the anchor host seats, because it's fox news. they know how to talk to certain viewers out there.
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>> let's where i from reeva here, according to a lot of people that work at fox news, apparently, this has been going on for years and years, not a shocker. this is a culture at the fourth quarter. how do you clang a culture? you can kick out the people that are causing it. >> that culture that underlying culture can still exist, can it? >> absolutely, allison. it starts with more than words. what we we heard from fox is when roger ails was terminated from the company, we we heard them say we have a zero tolerance for sexual harassment or hostile work environment. two of the settlements involving bill o'reilly happened after roger ails left the company. you can't say you have a zero tolerance but at the same time be aware of bill o'reilly and the conduct he was engaged in and have your employees trust what you are saying. so you change the culture by taking seriously the words that you have of zero tolerance. if there are any other employees who are engaged in this conduct, they need to be disciplined,
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including being terminated, could they, or else these words will ring hollow for the fox employees. >> bill o'reilly put out a statement, though, denying this, basically, if we can go to that. >> over the past 20 years at fox news, i have been proud to launch and lead one of the most successful news programs in history. >> that is the unfortunate reality many of us have and the public must live with today. joe, what is bill o'reilly's legacy, what's his future? >> his legacy is being the face of not only fox news but of cable news for 16 consecutive years, he is number one. he has created a loyalty like we have never seen before. what is his next move? his legacy is maybe a bill cosby, a joe pa ter no, you are remembered for what you did last, unfortunately. right? but he will be remembered also for his successes. where does he go from here? >> is there a way for him to come back from this?
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we have seen other, of course, political leaders come back from really egregious things. is it possible for him to come back? maybe not at a position in fox. in some other shape or form to fill that ego? >> industry a feeling, cnn no way, msnbc, megan kelly reunion, no way. where he used to work. cbs, they don't need opinions, no way. what does that leave? my bet glen beck and beck and o'really exchanged e-mails as o'reilly was coming back from italy. therefore, you have to answer to shareholders, corporations, maybe the protests aren't as strong. i can see him going there as a discounted rate. because he gets paid $20 million. it's a mutually beneficial situation. he gets the biggest name in cable and the blaze is a player. >> bill o'reilly does not need money. look, he's a publishing stimulus in and of itself. let's get ago enthe legal aspects here. this is a seismic cultural shift
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when a corporation puts a woman's rights above the bottom line says wendy walsh. today we have entered a new era in politics. is this a watershed moment for sexual harassment in the work place? >> i think we are giving fox too much credit here. i don't think fox is putting women's rights above their profits. i think their profits drove them to make this decision. because without the public pressure, without the advertisers pulling out. without the other women pulling forward, these settlements would not have been the subject of major news stories. if the "new york times" did not run that piece on april 1st, we would not see bill o'reilly being outed from fox. what's clear here is the money. and companies follow the money and when the money spoke to the advertisers, that's when action was taken. it remains to be seen, in my opinion, whether the culture at fox will change as a result of one person or two people being ousted from the top.
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>> that's very disheartening. you think not just fox but other networks that maybe are -- >> corporate culture as a whole could take a big step forward. we'll both be back in about 30 minutes. great to have your insight. >> thanks, very much. syria is taking steps to protect its air fleet on an airbase. more from the pentagon next.
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developing this morning, massive protests have overtaken venezuela and a national guard sergeant killed during one of these anti--government protests a. second guardsman hit by a
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bullet. the demonstration build as the mother of all protests build out south of the nation's capital. they used tear gas to dispurse the crowds, hundreds of people were arrested. the prosecutor's office calling for an investigation into the fatal shooting. the syrian government now seeking shelter for its combat claims of a missile strike earlier there month. >> that in retaliation of the chemical weapons syria launched open its own people. barbara starr has details. >> reporter: dave, allison the u.s. missile strike in syria now reverberating across the syrian military. >> that strike took out about 20% of syria's operational fighter jets. now the syrians have apparently moved most of the rest of their inventory to a base pay loalong coast. looking for that russian umbrella of protection with russian anti-air systems,
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russian missiles. they keep the syrian aircraft safe. but they can still launch additional attacks using their helicopters, artillery and rockets. so while the syrians may think that they have solved their problem, there's no indication, yet, that the trump administration is calling it a day on any future attacks against the syrians if they use chemical weapons again. allison, dave. >> barbara starr, thank you. the u.s. coalition reporting a dramatic increase in isis' use of chemical weapons in iraq. according to u.s. official, there have been at least four incidents in the last week of isis fighters using chemical weapons, including mustard gas in mosul. no deaths or coalition casualties have resulted from the attacks a. senior coalition commander confirms the presence of chemical weapons but would not give specifics. new military conduct regulations ban navy and marine personnel from distributing new
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photos without the permission of the person depicted. the new rule effectively makes any violation a crime. >> that can be enforced by a military court. it comes on the heels of a nude photo sharing scandal that has rocked all four branches of the military with female service members posted on marines united and other facebook sites. an attorney hired by the family of aaron hernandez says he will investigate the death of the former disgraced nfl star. he was hanged in his prison cell in an apparent suicide. his death coming days after he was acquitted in a double murder case. hernandez, of course, was already serving a life sentence without parole for the killing of odon lloyd. the massachusetts chief medical examiner conducting an autopsy to determine the exact cause of death. okay. following two big stories this morning the u.s. not backing away from diplomatic standoff with big adversaries and bill
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o'reilly ousted at fox. the latest on both of these when we come back. (male #1) it's a little something i've done every night since i was a kid, empty my pocket change into this old jar. it's never much, just what's left after i break a dollar. and i never thought i could get quality life insurance with my spare change. neither did i. until i saw a commercial for the colonial penn program. imagine people our age getting life insurance at such an affordable rate. it's true. if you're 50 to 85, you can get guaranteed acceptance life insurance through the colonial penn program for less than 35 cents a day, just $9.95 a month. there's no medical exam and no health questions. you know, the average cost of a funeral is over $8,300. now that's a big burden to leave your loved ones. add to that credit card balances and final medical bills, and you've got plenty of reasons to call for free information about this valuable coverage.
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>> the trump administration says it will not blink in the face of threats from global adversaries, iran, north korea and russia all in focus today, we have the latest. >> and the crown has been taken from the now former king of cable news, bill o'reilly ousted at fox. what's next for him and the network following another rough departure. welcome back to "early start" i'm dave briggs. >> good morning, i'm alison kosic. this morning, the trump administration is not backing off the tough talk in several fights. it is waging around the world with iran. north korea and with russia, too. on the iran nuclear deem, president trump has asked for a multiagency review to determine whether lifting sanctions in exchange for tehran curbing its nuclear program is really in the
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national interest. secretary of state rex tillerson says the deal forged by the obama administration and u.s. allies quote completely ignored all the other serious threats that iran poses. >> iran is the world's leading state sponsor of terrorism and is responsible for intense multiple confrom ikts in undermining you interests. in countries such as syria, yemen, iraq and lebanon, they are continuing to support attacks against israel. an unchecked iran has the potential to travel the same path as north korea and take the world along with it. >> tillerson's comments came a day after he certified to congress that iran is complying with the deal to question whether sanctions shouldn't be reimposed because of eastern's alleged sponsorship of terrorism. >> you we heard secretary tillerson mentioning north korea, which already has sky high tensions with its neighbors and the u.s. well today, american and south
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korean forces are conducting their annual mack center drill the second biggest military aviation exercise on the korean peninsula. cnn paula hancock is at the airbase in seoul with and up close look. >> dave, allison, this is max thunder. this is a massive air operation between the united states and south korea here in south korea. there is more than 80 aircrafts involved in this. there is more than 1,500 people. we know that it's routine. we know it's annual. we were told by the attorney general in charge the window carrying out these drills, they don't have a specific enemy in mind. but, of course, given the tensions on the korean peninsula. there is inevitably going to be more in the spotlight. this kind of massive fire power, the instinct by north korea as well. it is not what north korea likes to see, every year when they happen, they become angry, infuriated. they believe this is a dress rehearsal for an invasion, even though the united states say they are defensive in nature,
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just bear in mind what's happening on the peninsula at this point. north korea has said that the u.s. has pushed the situation to the point where a nuclear war can break out at any time, china as well suggests these military drills should not be hang. say if the u.s. holds these military drills, potentially, north korea could suspend their nuclear program. it's not a new situation. it's not a new suggestion and it's not one the u.s. welcomes. dave, allison, back to you. >> indeed, paula hancocks, thank you. the white house denying it misled the public when it announced the uss carl vinson was heading to the korean peninsula when it was actually sailing in the opposite direction. it was president trump who inform the nation, a powerful armada was on the way, but the aircraft carrier was actually thousands of miles away to the southwest in the indian ocean at the time. listen to white house spokesman sean spicer disputing the notion that the american people, let alone our adversaries and
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allies, were misled. >> the statement put out was the group was leaded to the korean peninsula. it is headed to the korean peninsula. it will arrive there. >> was it there now? was it headed there now? >> sure, no, that's not what we ever said. we said it was heading there. it is heading there. >> the president believed he might have spoken too quickly on this location of the vessel before it arrived. >> the president said he had an armada going towards the peninsula, that is a fact. it is happening, rather. >> the pentagon has still not provided a clear explanation for failing to correct the actual location of the uss vinson for at least a week now. meantime, russia derailed a united nations' proposal to condemn korea for a missile test. a motion killing the motion even though the other 14 security councilmembers were all on board, including china. the statement called on north korea to immediately halt
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further nuclear tests. the rogue nation has already conducted at least five nuclear tests in defiance of the u.n. the white house still hoping against odds to get a health care deal done during president trump's first 100 days in office. two factions of the republican parties are if talks as we speak. mark meadows and tom macarthur of the more moderate tuesday group trying to finds some common ground on repealing obamacare. so the freedom caucus, they want it gutted t. tuesday group favors keeping key elements. >> a senior republican official telling cnn reaching a consensus will be a long shot. vice president pence on board the uss reason alleged reagan telling cnn dana bash he is confident an agreement will be reached by next week and the president is determined to keep his promise on health care reform. congressman jason chaffetz announced he will not seek re-election in 2018. the utah republican insisting he
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has noal ter yo ulterior motive. chaffetz is best known for heading up the investigation into hillary clinton's use of a private e-mail server as secretary of state. he has in the past expressed some interest in becoming the governor of utah. todd ricketts helped getting president trump elected. his family owns the chicago cubs. his father founded td ameritrade. he fail . it's the latest wave of high ranking staff elections who stepped aside before their confirmation hearings even got started. all of them citing conflicts of interest concerns. ricketts follows three other meganominees that dropped out of trump administration posts.
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you see them there. vincent i ha -- vincent viola a puzder. some say this is the result of appropriate ethics law. there is a flipside, other laws helping keep successful qualified people from taking top government posts. hmm. you can ponder that question. >> yes, we can. there is a lot of conflicts when you have that kind of money. there is complex ties. >> there are those that say, listen, i'm not willing to keep those ties, there are some they may mingle in. >> plenty of wealth left in that cabinet. another major piece of the fox news puzzle is out. what's next for bill o'reilly? what's next for fox news now the two have parted ways? pain used to shut me down during pick-up games. but with odor free blue-emu continuous pain relief spray,
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>> a decision rocking the world of cable news, bill o'reilly the long-time host of fox news flagship show "the o'reilly factor" is out. they are yielding to public pressure as years of sexual harassment add up. the capital hill journal "the hill" and civil rights attorney areeva martin. joe, i will have you walk us through what the final straw was. it seems like this sexual harassment by o'reilly was sort of the worst kept secret at fox. was it money, was at this time advertisers or how he made fox appear? was it a pr thing? >> you are a business gal once, right? you know follow the money. so when 50 advertisers, more than, leave and aren't coming
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back and any company that even thinks about advertising on "the o'reilly factor" media matters and left wing groups will shame them out of existence, how could you support somebody who is accused of sexual harassment by multiple women and paid millions of dollars. fox saw that scenario and more women coming forward as constantly dominating their news cycle saying, you know what, megyn kelly left, no problem. we took our tucker carlson and filled that role, increased ratings, actually. we could do the same with karlsson again. he has been in three time slots at that network in three months. we can do it again with areilly, move to 5:00 to 9:00. he is expendable. amazingly, that seems to be the thought process. check out next week when this new schedule comes out, if they're down 20 to 30% fox has a big problem f. they stay around the green so to speak to use a golf term, 10% off, then they
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survive this i think. >> just about impossible to match the ratings. you are right, somewhere close they survive it. areva, wendy walsh played a key role in this ouster saying today we have entered a new era in work place politics. have we? >> i don't think so. i'm really concerned about what's going on at fox. we still have this lawsuit from july he radsinski against people saying they new of the harassment of her and took no action. in fact, she claims they retaliated against her. so when we think about the culture here, we have to ask is getting rid of bill o'reilly and roger ails enough to change the culture at fox if the harassment was as widespread as we are learning from all of these allegation. it's going to take more than two terminations to change that culture. look, it's very difficult to change any corporate culture and one as entrenched as this one at
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fox, it's going to take a lot more than these terminations. >> you know, one thing that is expected to change, the ratings. you look at o'reilly, "the o'reilly factor," that was a ratings monster. it will be hard to match that. how does fox recover from that? they are putting their trust in tucker karlsson, their bench is not that deep. how do they compete like they did a week or two ago? >> let me tell you how hard it will be to replace bill o'reilly, because he has been on the air 21 years there. he has been number one for 16 of those years. he is not only a host that people like. he is a part of people's families. they eat dinner and watch o'reilly. i know this i can go back to when i was home. my father sent me a text, just today, tonight, as soon as i got up. he said, here's the difference on o'reilly, he's not on tonight. o'reilly was must-watch tv. that's the difference. that's what the people have to
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keep with tucker karlsson. >> people have to look beyond what he did behind the scenes. >> absolutely. because they're selfish. because they like the show. he wasn't charged with anything. he was protecting his kids by paying people off like you said. >> you have insight on this story. >> a bet looking guy than me. >> that's a little pushback. full disclosure. i worked there, as did joe. it may not be corporate culture as a couple isolated incidents, broadcasters, and roger ails and bill o'reilly may have been separate from the corporate culture as a whole. what is the next legal battle there at fox? >> well, there is a pending lawsuit against roger ailes. what we are hearing from fox there is this investigation. they hired paul weiss law firm to investigate the claims made against bill o'reilly. i would hope what's next is that they keep moving forward in terms of building the trust of its employees. we we heard fox say that not one
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person called that hotline that was supposed to be available for people to call if they felt like they experienced harassment in the work place. it's a little strange for a company that size to say not one person used that hotline. >> that says to me as a lawyer, a civil rights lawyer, that there is no trust amongst those employees. so hopefully they move forward in building that trust so that if people do feel like they have been harassed, they can come forward, talk to hr, talk to individuals in the work place and it can be eliminated. look, one thing that's good about all of this, hopefully, that secretary. >> that administrative assistant. >> that woman is sitting there that may feel like she suffered harassment. she is no power emboldened to come forward. >> actions speak louder than words, guys. in this case the murdocks, at least, they took the sports analogies, this is personal, let's go through the past. right? basically, roger ailes was bill belly check for the patriot itself. o'reilly is tom brady, imagine
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that owner getting rid of both of them. i understand there is still some work to do. they brought from an outside firm to do investigation, instead of dock their own. now two of the biggest names the brains of the organization, ailes and the face of cable news o'reilly are out. those are positive steps. >> patriots look good with jimmy garoppolo. just saying. thanks for your insights this morning. we are back, federal regulators for wells fargo had 700 chances to stop the fake account scandal but failed. we will get a check on cnn money stream next. (male #1) it's a little something
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i've done every night since i was a kid, empty my pocket change into this old jar. it's never much, just what's left after i break a dollar. and i never thought i could get quality life insurance with my spare change. neither did i. until i saw a commercial for the colonial penn program. imagine people our age getting life insurance at such an affordable rate. it's true. if you're 50 to 85, you can get guaranteed acceptance life insurance through the colonial penn program for less than 35 cents a day, just $9.95 a month. there's no medical exam and no health questions. you know, the average cost of a funeral is over $8,300. now that's a big burden to leave your loved ones. add to that credit card balances and final medical bills, and you've got plenty of reasons to call for free information about this valuable coverage.
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it's easy and affordable to help cover your final expenses through the colonial penn program. as long as you're 50 to 85 you cannot be turned down because of your health. your premium never goes up and your benefit never goes down due to age. plus, your coverage builds cash value over time, money you can borrow against. so don't wait, call now for free information and a free gift. all i did was make a phone call and all of my questions about the colonial penn program were answered. it couldn't have been any easier and we both got the coverage we should have had for years now. mm-hm, with change to spare. (laughing) (colonial penn jingle)
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welcome back. developing this morning, tens of thousands taking to the streets of the nation's capital of co
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caracus. protesters you can see are demanding elections, they're denouncing critical food shortages, and what they say is increasingly authoritarian government, police using tear gas to disburse the crowd. hundreds of people were arrested. two people were killed during the protest, but the circumstances remain unclear. the public prosecutor's office is calling for an investigation into the fatal shooting. the syrian government now seeking shelter for its combat planes following the u.s. missile strike earlier this month. >> that strike in retaliation nor the chemical weapons attack the u.s. says syria launched on its own people, cnn correspondent barbara starr has the details. >> reporter: dave, allison, the u.s. missile strike in syria now reverberating across the syrian military. that took out about 20% of syria's operational fighter jets. now the syrian versus apparentbly moved most of the rest of their inventory to a
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base along the coast, quite close to the russians, looking for that russian umbrella of protection with russian anti-air systems, russian missiles. they keep the syrian aircraft safe, but they can still launch additional attacks using their helicopter, artillery and rockets. so while the syrians may think that they have solved their problem, there's no indication yet that the trump administration is calling it a day on any future attack against the syrians if they use chemical weapons again. allison, dave. >> thanks, for that. the u.s. coalition reporting a dramatic increase in isis' use of chemical weapons in iraq. according to u.s. defense officials, there have been ad at least four incidents in the last week of isis fighters using chemical weapons in mosul. no deaths or coalition casualties have resulted from the attack. new military conduct regulations ban navy and marine
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personnel from distributing nude photos without the permission of the person depicted. the new rule effectively makes any violation a crime that can be punished by a military court. this comes on the heels of a nude photo sharing scandal that has rocked all four branches of the military. photos of naked female service members being hoposted on marin united and other websites. also this morning an attorney hired by the family of aaron hernandez, says he will investigate the circumstance surrounding the death of the disgraced former nfl star. corrections officers say hernandez was found hanged in his prison cell wednesday morning in an apparent suicide. his death coming days after he was acquitted in a double murder case. hernandez was already serving, though, a life sentence without parole for the killing of odom lloyd. massachusetts chief medical examiner is conduct an autopsy to determine the exact cause of
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death. >> let's check on cnn money stream, shares in europe are mixed. stockmarkets in asia closed mostly higher overnight w. reseeing lingering tensions in asia, plus more profit reports coming in this morning. this first quarter earnings season off to a rocky start. falling off a cliff, seeking almost 51st. that was after the company's profit beat estimates. here's the thing, that investors didn't like. revenue missing badly, investors dumping the stock as a result. ibm is one of the first big tech companies to report. so investors are going to be closely watching that sector over the next few weeks. dragging the average to its dow, second straight triple digit loss t. nasdaq is actually up for the week t. s&p 500 sitting flat. a troubleing government report on wells fargo showing regulators failed to act on hundreds if not thousands of red flags.
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an internal review published by the office of the comptroller of the currency, one particularly alarming red flag that went unheated. in january of 2010, the regulator was aware of 700 cases of whistleblower complaints about wells fargo's sales tactics. the report says they failed to confront executives or the company's board of directors. it says the board knew about its sales practices as early as 2004. wells fargo declined to comment on the new findings. >> that is disheartening. >> how in the world did they miss that? >> apparently they looked the other way. a institutional failure there. the grok feeling at home at 1,600 pennsylvania avenue, the fun loving new england patriots star visiting the white house on wednesday when he decided to crash the briefing by press secretary sean spicer. check it out. >> we will see what pans out in negotiation, but i think there is an option -- can i just. >> you need some help?
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>> i think i got this, but thank you. maybe. all right, thanks, man. >> i'll see you. >> hold on. all right. that was cool. >> it was, it would have been a whole lot cooler had he waved gronk to the podium let him take a few questions. >> that's what they sneneed facing a slew ofs investigations -- and "early start" is continuing right now. facing a slew of adversaries, the trump administration is standing firm. iran and north korea on notice. we have the latest on the diplomatic staredowns. the king of cable news
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dethroned. bill o'reilly is out at fox news. what is next after another black eye for the network. thank you for getting a start with us. i'm dave briggs. >> i'm alison kosik. it is 5:00 a.m. in the east. the trump administration not backing off the tough talk with several fights with iran and north korea and russia. on the iraq nuclear deal, president trump asked for a multiagency view in exchange for lifting sanctions for iran curbing the nuclear program is in the best tinterest. >> the obama administration ignored all of the other serious threats that iran poses. >> iran is the world's leading state sponsor of terrorism and responsible for multiple conflicts and undermining u.s. interests in syria, yemen, iran and lebanon and continuing to support attacks against israel.
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an unchecked iran has the potential to travel the same path as north korea and take the world along with it. >> tillerson's comments came a day after he certified to congress that iran is complying with the deal. questioned whether sanctions shouldn't be reimposed because of the sponsorship of terrorists for iran. >> you heard rex tillerson mentioning north korea which has sky high tensions with the neighbors and the u.s. today, american and south korean forces are conducting the max thunder drill. the second biggest aviation exercise on the korean peninsula. we have cnn's paula hancocks in seoul with the up close look. >> reporter: dave and alison, this is a massive air operation with the united states and south korea here in south korea. there are more than 80 aircraft involved and more than 1,500

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