deal with lorillard. [closing bell ringing] cheryl: here we go, adam. bells ringing on wall street. adam: after a week we had, look how stocks are finishing right now. the dow not settled but up 23 points. s&p up 2 1/2 points. nasdaq up 19 points. cheryl: at one point the dow was down 55 points and s&p as well. nice move to the upside. adam: but you mentioned the russell when you were talking at end of 3:00. russell intex is closing down. that would being a precursor for things to come. right now, "after the bell" starts. cheryl: let's get right to today's market action. we have pete lang, lang capital president who thinks this is a stock-pickers market with focus on value versus growth stocks. dan genter, expected to see another 3 to 4% rise in the

markets by end of the year. nicole petallides on floor of new york stock exchange. we can't get enough of nicole petallides. we have chris gersch joining us from the pits of cme. chris, want to start with you today, what you're look at in the markets, how you feel about, we had a crazy week especially for s&p? >> we had a crazy week. when you thought it was all over, we had an afternoon like this. big news, lebron. second biggest thing on floor is oil trade. the fact we're down to 101 which was a huge move as we close the session. the traders bought gold and shorted crude. a traders 107. everyone was calling for 110 handle. we're at 100 handle as we talked about two weeks ago. adam: let me ask you, pete, are you concerned? people talk about a need for correction. a guest we had on the network said there is major correction coming. you say the schiller pe is

approaching level that makes you nervous. why is that? >> if you look at what kind of gains we have in the market, the dow is only up 2% on the year and s&p is up about 6%. we're basically in a stock-pickers market. but what overshadows all of this is the risk of really the fed's policy. they have overheated this market. so if you look at the price earnings ratio on s&p is up to 19. historical average is 15. remember those 19s are in good, solid markets. as you mentioned the schiller ratio up to 26. these are all problems we have got to deal with. so a lot of risk in the markets. it comes down to really picking the right sectors and quite possibly moving toward safer positions in the future. cheryl: okay. i want to go to nicole really quick. nicole, you and i were talking a few moments ago the fact earnings season is underway, looking a at calendared for next week we have some major names coming out for earnings and this

really could be a game changer for traders. >> absolutely. all of these names, each one is so important giving us an idea how things are doing going forward. guidance they may be providing, snapping winning streaks. we know so many companies last five years have gotten tighter, tougher, cost cutting. laying off jobs. so over the years. now the question is going forward. so we'll certainly look to the banks. this week was a pretty interesting week on wall street. there is certainly a feeling that, we've had the feeling for some time, that the marquette is overbought. you feel that nervousness. no one is really out shorting the market. they're not comfortable to the downside. so the path of least resistance still seems to the upside, despite the fact thaw sometimes get in economic news not great, right? gdp numbers. yet we still manage to move higher at certain points. portugal worries, things like that. adam: dan, let me ask you this. we just heard from pete and people who mighting nervous about some of the levels the market is reaching. you're worried if they were to

sell right now they would miss what, an additional 3 to 4% gain? >> i don't necessarily disagree with what pete is saying. there is learnly risk in this marketplace. no one expected this market to be up 6, 7% on heels of 32% last year the heels of 3 to 5% correction is in the cards. we're flirting with it now. if we see pickup in inflation and fed moves earlier we'll see 10%. i think independent of that, we're in a position to where the earnings are going to come in relatively good. we saw 6.1% in the first quarter. i think we'll probably see positive surprises because people were negative and they were very conservative in the second quarter. i think we'll see% increases in earnings this quarter and probably 9% for the year. so i think we're in a position on future earnings versus trailing at 16.6 pe. i would agree expansion of pe capability is very, very limited but the ability to maintain these p-e's and track roughly 8%

earnings trend will be very important i think we still have 10% potential for the year. that is up roughly another 4% where we are right now. cheryl: okay. >> es special if people get good cash flow while they wait they will still have strong returns. cheryl: pete, you mentioned at the top of the segment you think it is a stock-picker's market right now. i know a company you like right now is conocophillips, energy name. do you still like it considering the selloff we had today in oil? >> absolutely. what i want investors to think about out there is the fact that there is an economic revolution occurring right now inside the united states with oil and gas production. and the numberses that are discussed about production levels of a billion dollars a day. when you add these numbers up it is approximately $350 billion a year, or about 2% of our economy. these are huge numbers. and the companies that are going to benefit from those numbers

are companies that are producing the infrastructure, like conoco for example, or williams. really strong companies that are investing billions of dollars. conoco, $16 billion of investment in the next few years. williams, $25 billion. off the heels of their recent merger, i think there are stocks are up 50% year-to-date. adam: chris, do you think this discussion we're having is we're focusing on equities we're might be missing buy be opportunities with commodity prices which are crashing? >> i believe that you are, definitely, missing a lot of opportunities. i understand the fundamentals in equity names. we can talk. everyone has discussed selling has gotten run over. that is the big story here. right behind me s&p futures lead equities, period. you look at last two trading sessions, selloffs in the morning and higher lows, higher highs throughout the day. the futures are not going to the downside. all these traders that tried to sell this morning, got ran over.

and until that, until there's a follow-through, i'm telling you, even on stock picking, do not go to the short side right now. cheryl: let me take that to dan, because, dan, you do have a couple picks. one is total usa going back to that energy theme and mei as well. talk to me about your picks. >> well i think again along with what people are saying you're seeing a revolution with regards to overall energy and seeing it dedomestically and worldwide with integrated producers and production companies. i think total at that time is a -- total is very strong play on commodity price we think will stay in 100, to $105 a barrel range of the the nice thing about them they're a little less regulated and dealing with political policies than companies working internationally here in the u.s. on that theme, they're paying 4 1/2% dividend while you wait. so i think that is very, very

strong. you look at murray idea in the health care space which is health care space. it is pure play on future genetic prognostications with regards to therapy. they're on the cutting-edge of it. they should see 13, 14% growth very strong. on the technology side we like that also. a company called pmethode. they're at ther from front of touch sensors for automotive technology. they had major wins with gm and ford and offerings from and tesla. should see 13% growth. had a little pullback lately. great way to play isolated technology area. adam: nicole, i want to bring you back into this. the russell had its worst week since may of 2012. is this indication we could be in for trouble down on floor of the exchange. >> we've been watching the russell so closely there this

year. you are sighing market sometimes following russell. the russell this morning when we kicked off was the worst of the bunch and down nearly 4% in the morning for the week. you can see here down again. really tough week for the russell. we've seen other names such as nasdaq. so that technology name was lower for the week as well. when you watch those small caps, sometimes they can be indicators to watch as opposed to transports. just a quick thought. i wanted to touch on the social media stocks and those really got hit hard this week. we shouldn't leave those out. names like an by's list and pandora, yelp, linkedin. some may have bounced back today but for the week that group was something to watch indeed. cheryl: nicole, thank you very much. of course, pete lang, dan genter, and chris and nicole we'll see you back here in a few minutes. we can't get enough of nicole petallides. we like nicole petallides. we'll see you in couple minutes. you could say it is contrarian call. believe it or not there are oil

companies that benefit when crude falls. with oil down 3%, we'll tell you which stocks could see a pop if prices drop. adam: more than 4.9 million americans are unemployed. one industry, this industry has more than 200,000 job openings it can't fill. we'll talk to one ceo in the business who said he could hire up to 100 employees per week. cheryl: but he can't find them! fascinating story. financial planners are not only one that can teach you what to do with your money. celebrities can teach you, mainly what to not do. that is coming up. ♪ [ male announcer ] once, there was a man

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and helps dissolve stains, cleaning in a better way than brushing with toothpaste. that's why i recommend using polident. [ male announcer ] polident. cleaner, fresher, brighter every day. cheryl: shares of t-mobile and sprint are climbing higher on reports of a possible deal. adam: so we'll head back to nicole petallides on floor of the new york stock exchange. nicole? >> we're watching these names in the telecom arena and we're watching softbank which has, softbank basically has reached a deal to acquire t-mobile. now by doing this, from its german parent deutch telecom. by doing this it paves the way for t-mobile and sprint to get together. we don't know if that will actually happen. there is obviously regulatory

hurdles that go along with this. meantime sprint up 3.6%. t-mobile gained almost 2% on the day. these two, if you put them together, they would have about 100 million u.s. subscribers. by having that combined number, they would then be competitive to names like verizon wireless and at&t in that realm. so there is a year-to-date picture and sprint-nextel up 3.7%. so, certainly ones to continue to watch. cheryl: nicole, thank you. adam: s&p futures are closing. we'll head back to chris gersch in the pits of cme. those that want to sell the s&p don't get run over, right, chris? >> do not get run over. especially right now as we're closing out, no one is going to go short into the market. that is what it looks like. the weekend, we're up over a point where we closed on equity side. so we're about a point higher in the last 15 minutes. that means monday morning, again might open to the upside. would be a big transition from

the last two trading days. adam: call it what the bangles called it, manic monday. chris gersch. >> oil prices tumbled 2% posting a steepest decline in two months. ended week down more than 3%, fourth straight week of decline. adam: while oil producers may suffer from lower prices, there are companies in the energy sector that stand to benefit from the drop. joining us, a raymond james analyst. who will gain with the price of oil falling? >> yeah. so, to be clear, there are no energy companies that actively want cheaper oil. that is good for airlines, truckers, other transportation companies. some chemical companies as well. but to make a more subtle point, what certain energy companies want specifically in the refining industry is the spread between the price of brent crude and price of wti crude to widen. put it differently they want wti crude prices to be cheaper than

brent as is the case currently and, if that spread widens as in fact our team thinks will happen, into next year, that is a very bullish scenario for u.s. refiners. because they benefit when the spread widens. >> let's talk about that. what is your prediction for the second half with regards to crude? are we, right now we're just above 100 bucks a barrel. >> that's right. 100 bucks for wti and 110 for brent. so, you know, that spread currently is in the single digits. our forecast for next year is for brent to remain stable at 110 but for wti to go way down to 85 on average. so that is a $25 spread versus currently in the single digits. and while that is not again, that is not bullish for oil producers, it is very bullish for u.s. refiners because they will capture that in their

margins. adam: so, i want to, when you say capture in their margins, does it make the refined products space that much more desirable in other areas? why does the spread matter when i thought most what we refine in u.s. is wti. maybe on east coast it is brent? why is that crucial? how does that play into the margin game? >> sure. think of it this way, the price of fuel we buy at the pump, gasoline, diesel, et cetera, is set by brent. it is set by global prices. but the price of the crude that refiners have to pay is set in most cases, domestically by wti. adam: got it. >> so the refiner gets to capture the discount, wti discount in their higher margins. adam: bingo. >> if it is 25 bucks, that is -- adam: they're cheering you listening to the call for$5 a barrel wti. >> yeah. cheryl: what about -- go ahead. >> i was going to say that it's pure profit. in europe refining margins right

now are less than a quarter of what they are in the united states because they have to buy brent, which again is significantly more expensive. cheryl: i was looking at names like valero and phillips 66 and these stocks are well up in double-digit percentage territories over the last year, last 52 weeks. when you talk about specific names, whether it is exxon or phillips 66 or valero, are these still stocks to watch in the second half of 2014? >> yeah. you mentioned valero and phillips 66. these are two of the largest u.s. refiners. by definition, they would stand to benefit. and if we're right and that spread widens to 25 bucks next year. that is significantly wider than consensus expectations. so that would mean earnings estimates going up across the board. now exxon is also of course an old producer, not just a refiner. but if oil prices come down, exxon will have a natural hedge

in its refining business. and by the way, it is also the third -- world's third largest chemical which by definition will benefit when oil comes down. cheryl: pavel great to see you, raymond james analyst. thanks for being here. >> thank you. adam: the hype over bitcoin may have receded but have you ever thought using the digital currency if you're in the market for, i don't know, buying a gold mine or other luxury opportunities. the ceo and founder of by the market place tells you how. cheryl: lebron james says ohio has a special place in his heart as he announces he is moving back to cleveland. we'll find out how special king james's deal could be. ♪ latte or au lait?

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total tall. a soccer star will join after a four-month ban for biting opponent. the deal is worth $100 million that. is it today's "speed read." cheryl: and bite. well. he is, big news today, he is going home. basketball star lebron james decided to leave the miami heat and go back to the cleveland cavaliers. the hometown team that he left just four years ago. adam: okay what could his deal look like and what does this mean for the sport as well as the north coast as they call northeast ohio? with us on the phone is tony dunne, nba agent and sports managing partner. i have to imagine they are cheering on carnegie boulevard in cleveland right now. what does it mean for the nba? >> i think it is great for the nba. i think everybody in one essence kind of expected it because of the time delay between the

waiting and the at the end of the day you just couldn't see him doing that and kind of holding cleveland hostage for a second time. everybody felt like that is the way he was leaning. the way he did it was extremely professional. i think it is an exciting time for not only him but for the nba. cheryl: tony, two questions first. he is 29. i'm curious how many years you think he will be a strong players specially cleveland who is looking for a championship. also what about the team? the valuation of the team? i had an analyst, economist say that they lost about 100 million in value when he left. can he bring that back, do you think? >> yeah, i think he probably bought back maybe 100 million more than that. i think at end of the day it has been a good day for the cleveland franchise. but -- cheryl: he is 29. what do you make of his age? is that -- >> he is, probably hasn't even peaked yet. the way we takes care of himself. not only just a great basketball player, he is a great person.

i had a client, rashard lewis played with him last two years in miami, think he is incredible person as well as a basketball player. and so, you know, the way it was handled, you know from a professional standpoint i think he really proved to the, to the people that he really does, you know, care for the city and you know, he made a comment has more to do than just basketball. i probably agree with him on that. as to his age, he will, if they have a chance for years to win -- chance to win for years to come. adam: he is not problem promising a championship. when he took the deal in miami in 2010 he wanted to win championship. this is the quote. my relationship with northeast ohio is beggar than basketball. i didn't realize that four years ago. i do now. the 1.2 million people who live in cuyahoga county and three million in northeastern ohio understand that. did he set a level, raise bar for athletes across all sports about the genuine need to

connect with your fans and sometimes say, you know what? that is more important than other things? >> yes. i think it is a great statement to be made, you know, for the fans of cleveland and for, any city who, growing up you always had your hometown favorites and there is always twice you followed throughout their whole careers and players in the past are more likely to spend their careers in one place. and now, i mean with him being, not only such a local guy but nationally and worldwide. he just, to me, he created even a bigger brand than what he was before. cheryl: also too, the fact that the team and owner himself is really kind of embraced him. were you surprised by that? by the fact that the owner of the cavaliers was so gracious in his return to cleveland? remember, when he left, not only was the owner of the team kind of nasty about it, but they were burning his jersey in cleveland four years ago.

i mean the fans, were so angry at him s that all water under the bridge or what? >> yeah. i really believe so. i think it was meigsal time for the franchise, the way it was done, you know at the time. it just didn't play well. and i think, you know, mr. gilbert made statements he probably wish he could take back. at end. day we all make mistakes. i think obviously they have, you know, they have reconciled that problem. and now they're moving forward and i think it's a great, just a great story. cheryl: tony dutt, thank you for joining us on this very historic day in basketball. it will be interesting to see what he does for the calves. adam: i will get tweets from fans live in cleveland thrilled about this. cheryl: i bet. adam: right now millions of americans are still unemployed yet one industry says it can't find enough workers. up next we're talking to a top executive who says he has enough business to hire 100 employees for a week. cheryl: plus you can already buy

plane tickets, tv services and go to basketball games with bitcoins. but now you can buy yachts, mansions and gold mines. we'll have details coming up. adam: as the bank earnings parade kicks off with wells fargo today, we'll tell you which banks have the most buy ratings from wall street. ♪

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cheryl: wells fargo kicked off big u.s. banks earnings today with slightly higher profits year-over-year despite lower revenues. next week, jpmorgan, citigroup and goldman sachs are all slated to report so where do big banks stand ahead of analysts with earnings season? more than half analysts say these are a buy. citigroup, the bank is set to report earnings monday before the opening bell. next capital one given a buy rating by 71% of the analysts with consensus saying stock rising get this, 21% over next 12 months. jpmorgan has second highest buy rating with 74% of the analysts. the bank is expected to post its largest year-over-year revenue decline when it reports next week. top of the list, discover financial with 84% given a buy rating. only one in the group expected to show year-over-year revenue growth. there you go. adam: there are roughly nine

half million people in the united states who are still unemployed. while some industry may be turning applicants away the trucking industry is in dire need of more drivers. last month, there were 200,000 advertised online vacancies for long distance drivers. cheryl: we have the chief operating officer of u.s. express. they have enough openings to hire additional 100 drivers a week. eric, why can't you find enough drivers to fill positions you have open? >> hi. thank you for having me. our industry analysts today state that we have about 300,000 open jobs. i know there is 200,000 are being advertised but we're having difficulty bringing people into the industry. over the last 10 to 15 years we've seen a lot of drivers leave the industry, mostly through retirement and this current general race is not viewing driving industry as a career. we're seeing people come into the industry as kind of a

stopgap. they will come in four a few months, maybe a year, but as soon as their desired industry comes back they will go back to that desired industry but we're not seeing people making a career out of this industry. 15 or 20 years ago we saw a lot of drivers come into the industry that wanted to be truck drivers. they have family members that were truck drivers. they understood what it was like to be a driver. they understood the lifestyle because it's a different lifestyle. but today, we are seeing people come in. they are unprepared. they are not, they don't know what to expect and honestly i'm not sure long term they want to be drivers. adam: yet average pay cord together american trucking association is almost 50 grand. $49,540. i want to break numbers down even further. what this means as far as keeping an economy trying to recover from truly recovering. i believe your estimates are revenue generated per driver per week is $3500. tell me how much would you be able to generate additional ily

if you could fill demand you have for drivers? >> well, this week we could fill another 300 trucks which equates to additional $55 million of revenue annually. adam: wow. cheryl: let me ask you this, what about raising salary? is that definitely an option? >> that is an option. two options we can increase pay and we need to change the job and change characteristics of job. drivers are out two to three weeks at a time. they're away from their family. they, you know, they don't get home very often. they're living in their trucks. it's a tough life-style. we have to change that. we need to create situations where drivers are home weekly or even nightly. if we do that, we'll attract more people into the industry. from a pay standpoint we're definitely working on pay packages. the whole industry is working on increasing pay. honestly we also have to work with our customers because the

customers up till really past year become accustomed to in2 to 3% rate increases. with our increases costs on trucks, insurance, and truck costs there is lot of cost creep last few years and rate increases will probably have to go up much higher than 2 or 3 to justify these pay increases. adam: we might see some contraction in the industry because new regulations drivers are not going to be able to drive, they aren't nows, as long haul as they were a year ago. there are new time record-keeping regulations coming down the pike might be burdensome to smaller companies that might not be able to do this. >> exactly. with hours of service we've seen reduction in the production of an individual truck. so we're seeing, we have to have more trucks on the road in order it handle the same volume of freight today than when with new regulations on the electronic

logs we'll see a lot of smaller carriers, probably go out of business. they don't want to put that kind of up-front cost on their books. they're probably going to go out of business. or, they're going to go into the electronic logs and what will happen, it will squeeze their production levels as well. cheryl: all right. adam: eric fuller. we appreciate you joining us. we hope you can fill the positions. >> okay, thank you. cheryl: are you looking to invest in a villa or splurge on a megayacht or own a gold mine? there is one shop stop shopping place that you can buy with bitcoin. we'll tell you how it works. adam: celebrities make bad financial decisions? yes. we'll tell you about some of the biggest celebrity blunders we all can learn from. ♪

adam: you're going to love this one. celebrities are often seen as money making machines but in some cases they're very, very public examples of how not to manage cash. so as compiled by daily worth.com, here are some tough lessons on what to do with your

money, brought to you in the form of blunders by the rich and the famous. lesson one. think about getting a prenup when pop star and california native katy perry divorced her husband of one year. the 50/50 split rule in the state could have lost perry half of her $44 million fortune. luckily her split was amicable and ex-husband decided not to pursue the share. on flipside maybe you want to marry her. watch finances and never celebrate too early. toni braxton, fell into bankruptcy twice, twice. overspending her album's finance and illness hurt her inability to perform a financed concert series. be careful of loans to people you love. soap opera actress deirdre hall tapped into pension plan to loan to friend and family $700,000. when she didn't get paid up, hall ended up taking a friend

all the way to court. cheryl: which is always fun. adam: only lawyers win when you go to court. cheryl: nice. the hype over bitcoin may be dying down but more and more people are adopting bitcoin as form of payment. even becoming more important to buy a house or car or yacht with bitcoin. adam: where can you find such luxury items? we have the bit premier founder and ceo. you have a website which people are selling, i mean bentleys, yachts, milliondollar villas but the key is doing it with bitcoin and it is catching on. i thought people were afraid of bitcoin? >> no. i think everyone is getting more comfortable as etch day goes by. in the last few weeks you have state of california signing into law a bill that makes virtual currencies legal. recently the irs taken a stance on it deemed as property. whether that is correct or not, it is getting written into the regulations. more and more merchants are accepting it every day.

i think we're point of no return. cheryl: alan, who are these buyers and sellers on your site right now? who are these people? >> i think on the buying side for the most part they are early bitcoin adopters. let's face it, only certain group of people has billions or millions of dollars of bitcoins to spend. so for the most part the buyers are early bitcoin adopters. that is the case of the villa sale we did back in february. this was very early adopter. probably has millions of dollars worth of bitcoins. on selling side we're seeing all over the world. individuals are posting items. we're seeing luxury brokers, realtors. seeing really all over the board. adam: potentially could be, for instance, a paypal killer? you're singsly cutting out financial intermediary in the exchange, are you not? >> this what we hope about bitcoin in general. is that the benefits over paypal or visa, mastercard are numerous.

so that is that is what we all hope. cheryl: bally estate, is that still a record, bally is state sale you mentioned in february? >> in february that was record-breaker. highest price item sold for bitcoin to date. everything in the bitcoin world moves at light speed. there might be other record breakers since then. not all were disclosed. as far as i'm concerned with the highest right emon bitcoins. adam: don't upset you, that 600 k would not get awe studio in manhattan. what about this gold mine? someone is selling a gold mine in dawson city, yukon, alaska? >> yeah. this is somebody been in the mining industry for over 35 years. he is wanting to move on to different interests. so, and we've seen a lot of buying interest from this actually. we have a few signed mdas. that has been a very popular item over the last few weeks. cheryl: alan, how do you convince people to still do

transactions in bitcoin after the mt. gox debacle that made headlines around the world and lot of money, excuse me, bitcoins was lost, how do you convince people this is safe? >> with bitcoin there is a lot lot to get your arms around. there is learning curve. people are realizing that mt. gox was a lehman brothers of bitcoin let's say. you know, there wasn't a problem with the core bitcoin protocol but it was really an epically mismanaged company on the fringes. i think we're seeing recently, that, more people people are getting into regulated exchanges here with serious backers that are going to be the next generation of bitcoin businesses. adam: so other than cheryl's wardrobe, what is the most expensive thing you can buy right now on your site? >> it is probably the yacht is probably up there. we have a couple of amazing properties in france. we have a chalet in the alps.

those are around the $10 million mark right now. cheryl: well, you know what, alan? it will be interesting to see what the yacht goes for. and everything else. that my wardrobe, alan, thank you very much. >> thanks for having me. adam: we all hate the airlines, right? now one carrier is giving away up to one billion free miles to travelers who are unhappy with the service. we're going to tell you how to cash in next. cheryl: plus, corn prices are sinking. dropping to their lowest level in four years. yes, that is jeff flock and he is in a cornfield in illinois. jeff? >> it is because, cheryl and adam, of these incredible pictures you're seeing right now of corn that has not looked this good since the 1980s. already tasseling, the silks are out. pollination is going. this could be an all-time record crop. back in a moment with a commodities broker who will tell you low it will go on the fox

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adam: corn prices are falling earlier and faster than joan rivers on cnn. with forecasts for more good weather, how much lower will those prices go? cheryl: fox business's jeff

flock is live from a farm in normal, illinois. jeff, what gives? >> i'll tell you it is unknown at this point how low it can go. already we have tassels out, silks out, poll tinlation already taking place. tell you, the best person to ask those questions to, commodities broker, curt kimmel with bates. well-respected out here. how low can it go do you think? >> if we continue ideal growing conditions and crop says, we could slip down to the 350 level. with august and rains could go down to $3 level? >> you haven't seen prices like that since when? >> 2004. we were down to $2. 2009 is last time we tested $3. >> wow. take a look at the chart. the last thee months an incredible drop-off and, you know, the conditions have been just perfect. i'm looking at the corn silks right now. they're out already. incredible. >> this is important time. we have cool temperatures here next week and this pollination

is going quite well. so, if we get pollinate okay and get moisture later on in august to fill out the kernels that would be ideal. >> look at the map because this is very important. the weather has just been ideal for corn here. over the next couple of weeks, we look at the chart, it is going to be cooler than normal. so much for global warming i guess. and this is perfect for pollination. >> talk of polar vortex coming in through here. we could get behind one growing but it will stay warm most of the summer. so this corn is in really good shape. >> leave with you a picture. if we stick our camera back through here, the thickness with this new jenette lickly engineered crop you can plant closer together. who knows what this crop will yield. on a good year they got 270 bushels an acre in this ground which is some of the most fertile in america. it could top 300 bushels an acre. just an incredible harvest it would be.

adam: all right, jeff flock. we'll keep an eye on it. we know you will be in the cornfield again when it is time to harvest you. >> betcha. cheryl: jeff is good in the cornfield. >> see you adam and cheryl. cheryl: delayed, flights, hidden fees, poor customer service. just a few of complaints leveled at this airline but now that the carrier is turning lemons into lemonade in a big way. we'll tell you how and which airline it is coming up next. adam: ever wish you could delete a few things you did with a long night on "the town"? well there is an app for that when we go "off the desk." ♪ (vo) rush hour around here

starts at 6:30 a.m. - on the nose. but for me, it starts with the opening bell. and the rush i get, lasts way more than an hour. (announcer) at scottrade, we share your passion for trading. that's why we've built powerful technology to alert you to your next opportunity. because at scottrade, our passion is to power yours. we're changing the way we do business, with startup ny. we've created tax free zones throughout the state. and startup ny companies will be investing hundreds of millions of dollars in jobs and infrastructure. thanks to startup ny, businesses can operate tax free for 10 years. no property tax. no business tax. and no sales tax.

which means more growth for your business, and more jobs. it's not just business as usual. see how new york can help your business grow, at startup.ny.gov adam: let's go off the desks. after a long night out if your first thought is, who did i talk to last night? there is an app just for you. sober app is essentially snapchat for your night on the town. it allows to you make

friendships that erase themselves after 24 hours unless both parties agree. this is not about friend and maybe something else? walk of shame? chatting, send each other chatting, photos and videos just like snapchat. it encourages users to live in the moment. that got you in trouble in the first place and not worry about newly made friendships because those ties can be easily deleted at 5:00 a.m. on mobile apple iso software. >> delete. spirit airlines known by selling low cost flights and one of most widely hated airlines in the u.s., according to consumer surveys. now the carrier capitalizing on reviled status with a promotion called hate thousand miles. anyone with a spirit airlines frequent flyer account can go to hate thousand miles.com, complain about spirit or any other airline and collect 8,000 free miles. more flights on spirit can be had for as little as

10,000 miles one way. perhaps you should vent your anger and do it right now. adam: yay but seats are on the wings. housing starts are set to be released on thursday at 10:00 a.m. eastern. economists expect the starts, june starts to rise by 1.9% after falling 6.5% in may. >> number one thing to watch next week will be he janet yellen's testimony on capitol hill. the federal reserve chair will testify in front of senate and house committees on tuesday an wednesday. so obviously a lot is going to be happening next week, housing, janet yellen, lebron. adam: lebron will be happening for several years. >> i don't know. earnings. adam: calling it a wrap at 4:00 a.m. 4:00 p.m. >> 4:00 p.m. adam: "willis report" is next. gerri you're anchoring under the influence? gerri: wow, adam and cheryl, come on i won't be anchoring under the influence. thanks for that. but guess what they won't let me have a taste test. the lawyers say no.

we'll show you but we won't drink it ourselves. coming up on the show, 401(k)s are supposed to be, supposed to be the lynchpin of our retirement plans but are they a sham? our experts debate. you decide. also it's a showdown over the rights to use the word duke on a bottle of bourbon. john wayne's heirs are suing duke university. but is it legal? taking to the road for your next vacation? what about the high seas? sail something a great way to spend your summer with family and friends. "the willis report" where consumers is are our business right now. starts right now. gerri: we begin tonight with a court decision that could unravel obamacare. a d.c. court of appeals is considering whether some big obamacare subsidies are legal. subsidies are vital to the success of the law but help keep consumer costs down. recovering your health care tonight with dr. scott gottlieb, former senior policy a