tv Power Lunch CNBC August 19, 2014 1:00pm-2:01pm EDT
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i think the call is very well through march. >> >> going with apple. >> and josh? >> long rigs, short bieber. thanks for joining us. for now, "power lunch" begins right now. halftime is over. "power lunch" and the second half of the trading day starts right now. >> did i hear them say short bieber? wow. big news from the american housing sector today. housing stocks are up. if there's new confidence in the home market, will it translate into new levels for stocks more broadly? canada now says it may be having second thoughts about buying that super, super expensive jet. they're not the only ones. who will this mean for lockheed martin? by now you have seen the ice bucket challenge. there you go. helping to raise money to fight als. today how this idea could change american philanthropy forever.
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sara eisen is at the new york stock exchange for sue today, but we begin with the big news in housing starts jumping, and for a second straight day the storks are up. d.r. horton up almost 3% today. toll and others also showing gains. diana olick is in washington. >> tyler, this is a tricky number. it combines both sippingle family housing starts and multifamily apartments like this one. so let's break it down, shall we? single-family starts we're up 8.3% and up 10% from a year ago. multifamily against mostly those apartment rentals, up 33%, month to month up 50% from a year ago. where? the big construction jump was in the northeast, also in the south, and midwest did take a
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hit. west is seeing a jump, because there's so many supply, but construction is really booming most in markets where most of the activity is in that multifamily. this is a new report from trulia, new york, boston, houston, northern california, these are directed at young mill lennial getting ready to resident and downsiding baby-boomers. that's why you're seeing the apartment reits hitting new all-time highs today. they're significantly outperforming the s&p. now, we called this reit play two weeks ago right here on "power lunch." if you missed it and want more, it still lives online. we have to keep in mind single-family is still running well below norms and the builders raised prices a lot last year, you may start to see in incentives coming up this fall. back to you guys. >> all right. thanks very much. also, speaking of housing,
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shares of home depot, they are trading at a record high right now after posting solid quarterly numbers earlier this number. both coming in strong. shares, by the way up 15% in the last three month. higher across the board, the dow up 80 point. s&p 500 good for a gain of almost half a percent, and the nasdaq trading near a 15-year high, the russell index also continuing its string of gains, and the ten-year selling off, yields slightly higher. tjx a big leader today after hiking guidance. urban outfitters, ross stores both up big as well. peabody energy and chesapeake are also notable gainers. to the nasdaq now and seema mody, fifth straight day of gains for the nasdaq. >> it is, sarah. it's the breakout in tech and consumer names that are powers
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the nasdaq to in highs. on track for the strong -- as geopolitical tensions ease and traders put more focus on the stronger than expected economic dat that that came out. theres a lot of stock-specific stories. apple trading above $100 a share as well as the split adjusted record close. morgan stanley says apple is attractive giving positive earnings revisions ahead of the iphone 6 and iwatch product cycle. another bright spot for the nasdaq, because a lot of these names are underperforming. ross stores the best performing stock on the nasdaq 100 after tjmaxx. dom, over to you for a market flash. >> how about another downside move? s in a reality check for el
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pollo loco. analysts are starting to weigh in, and results are not too pretty. it says the quiet period has ended. they can cover the stock iffo. baird is beginning cover an. jeffries starting with a hold and $30 price targets. and a $22 price target. investors are taking notice. that stock is currently down toward session lows. the stock, though, still is more than double since the debut at the end of july. you could say that analysts are chickening out. >> good one, dom, as always. let's get to the trading action. is jeremy, housing, do these reports, today's and yesterday's confirm that some of the concerns about the housing recovery are misplaced? >> yes, i this it does. when you see the housing starts
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start to more meaningfully pick up, some of the weakness we saw in june was clearly transitory, and particularly related to consumer spending. it certainly suggests the consumer environment is still healthy and consumers are spending on housing-related activities. >> jack, do you make that same connection? and by the way, 8.1% for applications. good forward-looking gains will trickle over into consumer spending? >> we believe so. we'll see more with mortgage applications, but on -- on net, we view this as very positive, very bullish, certainly beats analyst expectations. we think it does feed into consumer discretionacy as one area where we are overweight in the market currently. >> jeremy, is that how you play it? obviously the home builders are having a nice day, or do you get more into the other retailers which have been beating up more of those discretionary stocks?
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>> i think you have to be pretty selective. i think overall the retailing segment has been somewhat disappointing. we had 70% of s&p companies beat earnings, so it depends on where you're positioned within retail. if you have a particularly strong e-commerce presence or housing and -- but the general retailers have been delivers more sluggish results. >> so what is it going to be? now that we see the market go higher and higher, the data is backing it up. the earnings are backing it up. is it the fear of higher interest rates that could put a damper on not only the housing recovery, but on this market? >> there's a couple things that could dampen the equity markets from here. certainly the global world. yirp in particular, and the low rates we're seeing there are a definite cautionary sign about investors' confident that the ecb can do the right thing. so i think europe is a bigger risk to the u.s. economy than a lot of people are estimating
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right now. certainly when the fed will taper, they're trying to telegraph very clearly when that is. we'll have more information from that from the jackson hole summit this thursday and friday, but we think that currently right now markets are expecting mid-2015 rate rises, so there's not much of a dichotomy. >> we've got to leave it there. jeff and jeremy, for now investors are focused on the positive. tyler, today that would be helping. let's look at the f-35. some say the great -- but also the most expensive defense. >> hey, tyler, hitting another
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all-time high rising cost' critics say the u.s. military -- engine fire in june, which temporarily grounded the entire fleet and presented the international debut. f-35s are flying again with some restrictions. in large part due to the rising costs. boeing, pitching the old reliability f-18. which isn't as fancy, but doesn't cost as much investing
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to reduce the cost. of course it's harder to bring the cost down if you end up with fewer orders. speaking of lockheed, later this hour i'll be back with the latest in automating the military. we also have some cool stuff from northrop grumman. shares of american express are higher at this hour. mcconveyorry upgrading the stock. elizabeth arden deep in the red today. the beauty products company recording the biggest quarterly loss in the company's history, citing weaker than expected sales of celebrity perfumes. mcdonald's planning to sell the packaged coffee by early next year. the move is intended to help raise the profile. i think the coffee is pretty good at mcdonald's >> i'm more of a starbucks gal, tyler, myself. a company that has not aged
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gracefully, that is what herb greenberg is calling mcdonald's. he says this move we're talking about into supermarkets judd reinforces the point. why he says mcdonald's is making a mistake. plus a terror drill in south korea captured on video. we'll bring you the full video when "power lunch" returns. in today's market, a lot can happen in a second. with fidelity's guaranteed one-second trade execution, we route your order to up to 75 market centers to look for the best possible price, maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. where the reward was that what if tnew car smelledit card and the freedom of the open road? a card that gave you that "i'm 16 and just got my first car" feeling. presenting the buypower card from capital one.
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lunch." leading the way higher for the dow, home depot on strong earnings followed by united health group. chevron and jpmorgan round out the top group. another good day for the blue chip stocks, as we see this upside trend continue, tyler. >> dom, thank you very much. don't worry, the video you are seeing is part of an antiterror drill in south korea. it's not the real thing. it all happened in the subway system right underneath the u.s. embassy in seoul. it's part of a bigger series of drills conducted by south korean and american forces if seoul. the on again will solve again cease-fire is off again. just hours ago hamas launched several rockets into israel while both sides were engaged in peace talks in cairo, egypt. israeli delegates walked out, saying they will not negotiate while the country is under fire. with the help of u.s. air support, kurdish and iraqi
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forces have pushed the terror group known as the islamic state in iraq and syria away from a key dam that controls water to much of iraq. those kurdish and iraqi forces apparently now in control of the dam. kurdish fighters also claim to have surrounded two towns recently taken by isis. sara. cnbc.com and cnbc are releasing the result right now of the first small-business and financial planning survey. the key takeaway is that small business owners are too focused on their businesses to plan for their own finance future. joining us now are two financial plansers who specialize in advising small business owners. they also participated in a survey. leslie beckett, and dave, is managing director and just what are their clients focused on? have a look at this. 42% of financial planners say developing a retirement plan and exit strategy is the most
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pressing financial challenge facing small businesses. so leslie, why can't small business owners do both? focus on their business and their financial future? >> well, they are no different from the regular investors, actually. who have a different time focusing on their financial future. it just seems to far away for a lot of them, and they don't really focus on it until it's quite late. >> one of the problems here, dave, and this really stood out to me. 70% of their wealth is actually invested in their own business. is that too much? shouldn't they be more diversified? >> absolutely. this is the one core fact at the heart of every small business situation financially, is that the vast majority of their wealth is tied up in the one undiversified asset. so focusing on diversification is really important, but entrepreneurs have faith in their own skills, so they tend to reinvest in their business
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rather than redirecting capital into other kinds of market investments. >> let's talk about some of the their concerns. it's a good window into the small business economy, very important leslie. taxes are a chief concern, very interesting considering you hearing ceos and bit national companies complaining about taxes, and then they're paying a lot lest. what is the small business other than -- >> i don't know the absolute rate that small business owners are paying in taxes. it's going to vary on the type of business and the structure, but i do know, just like everybody else, small business owners are very concerned about making sure that they are taking advantage of every tax deduction that's available to them. sill wonder if they feel like their taxes are going higher. >> they do. there have been increases in tax rates both nationally as a consequence of the affordable
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care act, and some of the individual states. it's something that the business owners are intensely aware of. they often are reinvest, reinvesting for growth, so every last bit of cash flow that they can get their arms around is important. >> thank you both very much. for more insites into how small businesses feel about obama care and -- we've got the results of the latest survey. tyler? >> sara, thank. the ice bucket challenge has become a social media phenomenon. there is sheryl sandberg, but also a fundamental shift in the way nonprofits -- that's the ultimate selfie. up next robert frank crunches the numbers, and we're talk about the big changes. and this man suneil, he's in charge of the united states soccer federation, that means the world cup team and beyond.
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allergan is spinning off a hostile bid. up about a percent on that bit of news. salix makes gastrointestinal products. does it market a fundamental shift in the way nonprofits raise money. robert franks has more. this seems to be a perfect fusion. >> it's really come together. this has become the biggest charity sensation in years, if not decades. it's raised over $22 million. compares with 1.9 million they raised in the same period last year. coming from 453,000 new donors. the question is is it a one-time gimmick, or whether it will in fact change the entire business model. experts are sharply divided. receives a bit of a bucket
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backlash. on the plus side charity experts tell me shall show us the power of social media. it's added an limit of fun for fund-raising, and shows that they can support a campaign, but without controlling every detail. on the negative side, this is already spawning some imitators. the stunts may actually overshadow the cause. this money may be a one-shot donation that's not repeated. guys? inns thank you very much. case in point the u.s. soccer head getting dunked by no less than the legendary rocker and soccer guy rod stewart. do we have that video? >> we have good people dunks ice on us. we rudy, and of course rod stewart. >> the ice bucket chal ink. ready, set --
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[ cheers and applause ] >> how about that? don't forget to donate. i'm challenging satya from microsoft. my friend from adobli, and the shark mark cuban. the als campaign is sure to go down as a markets goal in business school, and let's immediate the dunkee him/. professor, you win the mug race. you have the biggest mug. this is a mike golic size mug. >> they've got the mugs. >> what did it feel like when the ice hit you? >> it was a great night, and they convinced me to do it with chris mullen. we accidentally ran into rod stewart. and a very positive side, we made sure we were donating. >> focused on businesses giving back to others in part.
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address the impact the this viral son of philanthropy. is it sustainable, or a one time capture lightning in the bottle? >> i think this is part of something that will be sustainable. it's part of just the -- as technology, the internet, mobile phones have increased in usage exponentially, a lot of this is influencing business school curriculums. so i think there will be something sustainable. watching bill gates. that's a beautiful things. >> so you think it is a sustainable thing, and the als association is apparently raised by some accounts 16 million in something like the last three weeks. comparing with 19 million they raised with all of last year. jeff? >> right, and what this kind of reflects, and something, as you can imagine giving our catholic heritage and our considerations
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of asking more of business, the willingness, especially the younger generations coming into business schools and mba programs are very sensitive to the community around them. i know what we have at know re dame, even from day one in terms of orientation, we have a concern with the community and giving back. so i think in terms of technology, this is something that will become part of our curriculum in terms of focusing on the role of technology in helping. >> suneil, before we transition the conversation, whom did you challenge? >> the u.s. women's national team, and i'm told that the captain of the team, abby woman back did that about an hour ago. i'm sure that's not acceptable. we challenged the entire team. >> you're going to call them on that. >> absolutely. you are the head of the u.s. soccer federation. you must be thrilled with the way the summer played out. maybe we could have hoped the
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team could have gotten another game in or two. they played brilliantly. losing to belgium was a classic game, but you must be thrilled with the uptick of soccer? >> absolutely. >> i think the bigger story is what happened back in the united states, with tv ratings, social media, fan fests, with spontaneous gatherings of people, whether this bars or elsewheres, so that's something we can carry forward. is coach kline man locked up? >> and you're locked up for another unprecedented -- >> what are the hot courses? i was struck about how he and you both cite as one of the major trends the analysis of the
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use of big data, the kind of data that social media companies are collecting, the googles are collecting. talk to me a bit about why that is so important. historically statistics very early on, but that will be changing, because statistics historically is about imposing structure upon data that you have. one to kind of prepared leaders, prepare business people to interpret and use the enormous
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amount of data that is doubling roughly every two years. two weeks ago we had warren buffett on air with a young man that had done an internship in connection with a make-a-wish foundation. he wants to be an investment banker. i said if he's going to business school, what should he study? and buffett, like that, and i thought implicitly whacking a bit at curriculum set accounting, accounting, accounting. take all the accounting courses possible, you will really understand business. do you agree with that? i agree that the fundamentals are important. it's not just accounting, not just finance, and i think every mba program, and we adhere to the fundamentals. those are critical, what is very
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important is to use those fundamentals to help lead businesses and businesses, that's some we tailing pride? , knowing that those foundations to give you one example, we have a class called business on the front lines, where we have teams of students led into countries that have been stricken by war in the aftermath to help build those economies, so finance and accounting, these are fundamentals to know. as the world continues to change and emerge, we need to address the issues of our time. >> mr. galatti, jump in and give me your thoughts on that, but i was also interested in your classes, you teach a basic interest-level econ course. i would love to take it. maybe i could sit in with unday. >> absolutely. >> and also a sports course. you're going to be addressing, if sort of incidentally two things that are very topical
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these days. one is the marijuana market, the supply and demand, and using marijuana potentially as a way to teach about supply and demand. the other are the changes that are coming in the sports business, specifically the ncaa. tell me why those are fascinating to you. >> in the econ 101 class supply and demand -- and we also talk about the effects of legalization or decriminalization. now we have a laboratory for that. so it's a living lack torrie. and on the sports side we have some major cases in the ncaa, so rather than yew standard oil from 100 years ago, we can talk about the ncaa, with antitrust issues. we have cases going on, things going on in the world now that make it much more applicable. >> when you can bring in those contemporary things that
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resonate with the students who are, well, let's say they're probably aware of what's going on in colorado, and washington state, and certainly the ncaa, your ability to reach them is that much greater. >> absolute i the case. >> professor, thank you very much. continued good luck with the soccer. and jeff bergstrand at mendoza business school at notre dame, we thank you for being here. tomorrow or back to school special rolls on with the dean of nyu stern business school. what advise would peter henry give president obama right now in his final years in the white house? lessons from the c suite offered up to the oval office. that's tomorrow on "power lunch." good series. to the bond market now, rick santelli cracking some cross-asset action for us at the cme. >> sarah, it says it all. we're doing a bit of work, and we want to pay close attention to which side of the pivot that traders say is at 238.
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open the chart up for two years, get a glymph of why the momentum mostly continues to the up side. let's talk foreign exchange. hey, i hear a question out there. why is the dollar index at 11-plus month mys? three reasons why. first the euro versus the dollar. second is the pound versus the dallas. now let's switch gears. dollars versus yen. everyone is having a rather large movie, especially the pound, so we continue to monitor the woes in japan and europe, and who benefits, which in this case is a dollar index. back to you, tyler and sarah. thanks very much, rick santelli. do you think that mcdonald's plans to put coffee in super markets will work or fail? tyler thinks it would work. go to cnbc.com/vote and weigh in. and it's old-faced skeet shooting, except you're not shooting clay pigeons, but drone. think it will fly as a sport? we'll talk about that as well, next.
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weaker than expected earns last week on falling attendance as investors sell one organization is buying, and that's peta, people for the ethical treatment of animals. they found more shares in order to retain the minimum investments, and submit formal shareholder questions that criticize the way the company does business. seaworld has come under intense criticism for the way they housed their killer whales. >> interesting twist. thanks, dom. spending their rally, the dow and s&p up for a fourth time in five days. the dow with the biggest gain in four months. mary thompson joins me on the floor of the new york stock exchange. you should come down here every day. the market goes up. >> it's very similar to what we saw yesterday. yesterday was when the lowest volume days of the year. broad-based rally today, what's driving it, of course are
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earnings and the economic data. the data on the housing market, you can see the s&p 500 which earlier today brought through this area of resistance yesterday at 1972. nice move up after that, which we didn't see yesterday. it kind of consolidated to the next barrier. the housing-related stocks are higher, because home depot reported, and then the housing starts numbers were good. existing home sales are on thursday, so look for that. nat gas has popped up. we've seen a little pop here, and that in turnsz is affecting the coal stocks, because that makes some of these coal-fired utilities more attractive. so the coal stocks are getting a bid as well today. alpha natural resources up just about 5.3%. >> some light there for the coal stocks. let's bring in kenny polcari and jeff kill burg, who's in town from chicago. we did get a read on cpi, very
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befine, not necessarily what's happening in the real world. >> i'd like to know where they're gidget that number from. i'd like to know where it's not inflationary. everything you buy is more expensive. you go out to rend the house, rent is more expensesive. >> but here in new york, you've been to every third or fourth person they're a millionaire, but from i'm from in chicago, we're paying more for food and gas, but the wage increases half a percent in the last five years. >> it's not enough. five years no raises? that's a big problem. >> what does it mean for fed policy? we know janet yellen, part of the dual mandate is -- does this mean we are still on track? >> i think absolutely. i don't think it will go any sooner. and if it stays like this,
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there's a possible it gets pushed out. they're going to see a glimpse tomorrow in the minutes. what is really happening, you see folks globally. look what happened to the bund. there's global rush into safe havens. if and when we ever seenic wits roll out of bed. >> not to mention the inflation. in fact we don't have enough time to go there, guys, but thank you. good to see you, and kenny as always. i feel very short next to both of you. >> kenny had a great recipe for flu florentine steak. >> always good recipes from him. mcdonald's will begin selling packaged coffee in super markets. 12-ounce bags of ground coffee, as well as k-cups. it gave herb greenberg a jolt. as to join the conversation, go to cnbc.com/vote, what do you think of the plan?
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you think it will fail? >> look, have you been in the coffee aisle lately? itches there's a l. >> there is a lot. they said single serve, so you have to be careful. why are they putting fries in the freezer section as oppose to do cope in the coffee aisle. i understand people like their coffee. i put this out on twitter i said, c'mon guys, and i was just inundated by people, herb, you don't get it. this is good brand extension. i like their coffee. i suspect i will lose this poll at some point quickly here. >> look at you. you're winning. >> i'm winning right now. trust me by the end of the segment i will be off. effectively you have a situation where mcdonald's is throwing everything at the wall. they have to do something. they're facing what they said in their last -- when they had a recent report, consumers price
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sensitivity, cost pressures. >> where's the activity coming from? we know about chipotle. where else? >> where i think it's coming from, and burger business had this -- >> you read burger business too? >> i do. independent -- one of great blogs out there. independent burger chains are growing faster than all the big chains. >> you're not talking about the five guys or the smash burgers. you're talking about local regional. >> that's where people are going. >> shake shack going public? ivities i think they will. that will be a good one to watch. >> raising the median age, herb and i. 39% say -- look, it got close there at the end. i talked myself out of it. >> 51% say it will fail. that's the story. it might not have been as dramatic as neil armstrong say one small step for man, one jit leap for mankind. but lock heeled martin just did
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something amazing. jane wells? >> a major breakthrough as the military wants to move some missions away from men towards machines, as a manned and unmanned aircraft fly together off an aircraft carrier. and we want to hear from you. will more military automation make war more com? go to cnbc.com/vote. and speaking of automation, a new sport -- shooting drones. yes, shooting drones. they don't shoot back, not yet. we have the story, next. e
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back over to you. >> yeah, good sign for the economy. thanks, dom. it's old-falsed skeet shooting with a new-age twist, where you shoot drones instead of clay pigeons. however this new sport has caught the attention of faa the gatherings may be illegal. faa ban the use of drones for commercial using, and think sea these events are a commercial process, because shooters are charged a fee. organizer say the faa is overstepping its authority. interesting story nonetheless. well, speaking of drones. for years the top militaries in the world have been pushing automation, from drones in the air to robots on the ground. now lockheed martin has just made a big leap. jane wells, live in l.a. with the pictures to prove it. and of course join the conversation. cnbc.com/vote. jane, what do you have for you? >> reporter: sara, it is part of
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the military as you see lock heel using an unmanned helicopter. you see a pilot in the helicopter, but he's not flying it. he's just there for safety, because this is a tess as they deliver a resupply vehicle, which also provided reconnaissance. the k-max has delivered cargo to soldiers for real. this is the first test of robots deliver robots. also this weekend look at this on "the uss theodore roosevelt" a manned f-18 flew with an unmanned airport. usually f-18s can land in 60-second intervals. defense moves uss it took 90 seconds to get the uav out of the way. the x-47-b only has -- and it's
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not eventually that you have a whole fleet, but that you have a group of them with one unmanned or womaned -- excuse me one manned or womaned jet in charge of all of them. it's not like they're going to launch a fleet and they'll go out and do mission. one pilot in the air with them, controlling the mission. >> that's sort of a vision into the future. amassing story. thanks very much, jane. let's lock in the vote. will more military automation make war more common? a majority say no, 53% say no. 47% say yes. we don't want that. ten years since listing on the nasdaq, it is safe to say that google has changed the landscape. josh lipton is in mountainview. >> reporter: well, tyler, here at google, they tend to do things a bit differently.
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jeopardy saying it has -- telecom wars are heating up. sprint unveiling a new pricing plan. for up to ten lines as well as unlimited talk and text for $is 00 a month. bill i ton unveiling the plan to spin off $16 billion in assets in the form of a new company. the mining giant did disappointed some investors by not announcing a stock buyback as well. tyler? >> sara, thanks. ten years ago google went public. since that day it's up almost 1300%, a little more than that as you see radio i got there. there's always been something different about google. job lipton is at headquarters in mountainview for a look inside the business culture there. josh? >> yeah, tyler, when you think of google's culture and what
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defines it, part of the answer is really in google's ipo letter. remember that's where cofounders larry page and sergei wanted to create an atmosphere of create activity, challenges. >> you're expected to take risks. larry page is constantly in meetings, saying to people, no, no, no, think bigger. >> now google likes to say also it's the people that really define the company. some argue, though, that here at google, while everybody might be equal, some are still more equal than others. >> internally it's still very much a technology company and engineering company. i think that's who larry page prizes the most sort of internally and i think that flowing down through the culture. if you're an engineer, i think you're going to be held in much higher esteem than a salesman.
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>> now perhaps the value that we all associate with google the most is that informal mantra don't be evil, but as google transforms into this global powerhouse that is a high principle that some say is heart to now actually live up to. >> it's more complicated than that, because they're so inculcated in so many aspects of life and every industry that it's hard to be anything but a neutral player. you can't always be seen as a force for good. you'll be crushing some people here, helping others there. >> reporter: google still defines itself as the unconventional company. there's the playful spirit. you can see what's going on behind me, but google is also a very ambitious company. whistles after that developers' conference earlier this summer, they were clear they are ambitious. they want an android world where you will be on their operating system at home, at work, in the living room, wherever you are.
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guys, back to you. >> stay with us, we do want to talk about google's culture event obviously it is unique. we're asking, should american business culture be more relaxed? go to cnbc.com/vote right now. josh, of all the amazing numbers that you can look at, google then, google now, employees 52,000 employees from 2500 during the time of the ipo. is it still the number -- if you get your mba from stanford, do you still want to go to google? >> i think, listen, we've all of course heard the story and know how tough it is to get a job at google. it's a tough process. i think part of what people come to expect at google is not only you have this playful spirit. you have a company that is unconventional. a company where intellectual create activity is fostered. we think of the moon shots, the forward-thinking projects that
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google is committed to,ed self-driving cars. i think people are excited about what google still intends to be come. expenses grew faster than revenue last conveyor, because google does have these grand am billings. it does want to be every place you are after, sara. >> and they do have free lunch, but i imagine a lot of the silicon valley companies do. thank you very much. yes, overwhelming yes, 61% say american business culture should be more relaxed, perhaps no tie. let's see what's coming up on "street signs." herb will be on the show once again. he's going to tell us the one ceo who will never, ever be on his worst ceo list which actually to me seems like quite a tall order. also the stocks that have done better their google. some of them surprising, and who exactly should bear the cost of
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three winners right now -- tjx, home depot, urban outfitters. to leave you on that note. that's all for "power lunch." >> great to be with you sara. "street signs" begins right now. it is a diy stock market. powers back towards its all-time high. we have a heaping housium of hopium for you. the fight takes another turn today. real small business owners explain how obamacare is impacting them. and four surprising stocks that have done even better over the past five years. don't look now, but the s&p 500, dow and transports are suddenly enjoying the second best month this year. the nasdaq here behind me
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