and up 30% this year. [closing bell ringing] take that, janet yellen who said it was too frothy for her. liz: bells ringing on wall street, if you want to see on wall street call froth or real numbers. s&p 500 is looking like beating all-time closing record. david: again. liz: again. here is how stocks finished up. we told you the story about dow jones getting dragged down by boeing but s&p 500 is the real star here. the nasdaq also having a great move. up half a percent. russell 2000 moving fractionally higher on a day we're awaiting big-name earnings. "after the bell" starts right now. david: so let's get right to it. today's market action. we have mike sorrentino to weigh in, global private capital chief financial strategist with specific ways to play the tech and telecom space. that is what appeals to him.

john farrell, tanglewood wealth management president. he will tell us his top three mutual fund. todd horowitz, if it is wednesday it is todd horowitz at the cme indeed it is wednesday. todd, we're deep into earnings season right now. one thing everybody was expecting was this pop back, a dramatic kind of pop back from the doldrums from the first quarter when the gdp suffered such a downturn. have we seen that snapback, so far. >> hi liz, hi david, another record high many i'm here for it. i don't think we're see a great snap. we're seeing more continue wages what is going on. they're beating earnings but lower than expected. we're playing limbo with the earnings. we keep lower being the bar because it is easy to jump over it. nobody cares about the middle east, iran, russia. we just continue to come in and buy because i guess, janet yellen will go and fight the war if there happens to be one out there because again the free money policy allows these markets to keep working higher.

i'm not fighting them but certainly looking for a spot to get in. these things make me more bearish, volume, volatility continue to decline into a market continues to go higher, those are real warning signs. hey, there is a possible problem coming here. we'll see. that is how i see it from here. liz: todd, we know is not a real bull, at least when he talks about how worried he is. but there are real bulls who have the same concerns but have interesting plan. mike sorrentino, you are that person, correct in you know a correction has to be coming but you have advice for people on exactly what to do in advance of that as you are bullish. >> i'm very bullish long term. if you have a long-term investment horizon, this is a great time, if we do see volatility return back to the markets, got to ask yourself why is that happening? midterm elections. potentially political uncertainty going into the market. for that matter, qe is rolling off in october. these are great opportunities, if we see volatility come back into the market, go in, put some

cash to work. at the end of the day, volatility in equities is when you want to buy, not want to sell. david: i know you don't talk about individual stocks, but does the earnings season tell you about the overall economy? >> it's great. i think the unsung hero of this last bull market have been corporate earnings. for five straight years. david: i got to agree. let me just stop you right there. that is a terrific point. we can't talk enough, so many headwind, not only geopolitical but also economic headwinds going against businesses. they have done great. i'm sorry toou guys but we do have earnings. let's go to adam shapiro. we have -- >> qualcomm, yeah we've got qualcomm. revenue, david is a beat. 6.81 billion. the street was expecting 6.52 billion the diluted earnings per share came in at $1.31. street was expecting $1.22. diluted is 1.31.

david, back to you. david: not a huge pop after-hours. todd horowitz, doing well. i'm wonder if qualcomm is getting a little boost what apple did yesterday? >> i think it is getting a lot of boost. going by the tape. qualcomm is doing very well and up at multiyear highs. i wouldn't be surprised to see a little profit-taking as stock is higher. is taking dead aim on $100 target it hit six, 10 years ago, a long time ago. david: these are 14-year highs. it is coming down a little bit. about where it ended liz. liz: qualcomm has been ahead of the game when it comes not just to the high-priced phones but the lower end phones. we're talking particularly ones out of asia, huaweis, htcs. these are interesting plays because qualcomm has been right out front, mike, isn't that correct? for a long time they thought, let's go mobile when nobody else was and sticking with things like laptops and tablets? >> give them credit.

they have done well in that respect but qualcomm is not really something we're looking at right now. to be blunt, it has been somewhat after frustrating stock for to us look at. it hasn't screened very well past 12 to 18 months this beats is real and guidance going forward is strong and outlook is even stronger then, look this is something we would certainly look at. liz: full year, $4.57, in a range to $4.72 for full year gaap 2014 earnings. david: we do see it coming down significantly right now. as investors pour through the numbers. it is down about 1 1/2% but, john, i want to go back to you. just talk again about the overall economy. how these companies have been doing quite well even during the bad times like the first quarter of this year. >> well you know it is interesting, kind of ironic but sluggish economy has been wonderful for the stock market and for corporations and their earnings because they have been able to flow a lot of their earnings toward buyback which

boost earnings per share and towards increasing dividends. if we get a stronger economy, which it looks like we might in the next several quarters, it actually may be one of the reasons why the market take as pause. david: right. talk about good earnings, at&t is, has been a powerhouse. go ahead, adam. you have earnings for at&t. >> that's right. seems to be a miss. came in with revenue of 32.6 billion. the street was expecting 33.22 billion. the earnings per share, 62 cents. the street was expecting 63 cents, david. we'll keep going through the report, get back to you. david: again the stock not really taking it too hard on the basis of this news. it may come down a little bit further. again a miss on both the top and bottom line, liz. liz: again, this is a company that is right in the middle of attempting to merge and buy directv. so i, it is just a tentative time for them. as we await facebook, i really want to know, todd, what you're expecting here? whisper number is penny higher

than actual analysts are calling for? >> based on the way the stock is trading they're expecting a pretty doctor empty i can beat. this stock rallied 12% last three or four weeks. i think they're expecting a major beat. even with a beat, it will probably test its all-time high if they beat which is about $73. i think you will see a little bit of profit-taking here. liz: can i interrupt you, todd? >> sure. liz: as we parse the numbers, make sure we have them right squared away the stock is slightly lower for facebook than it closed at. right now, adam shapiro, we had close of 71.29. 69.81 for bid. >> facebook beating on revenue. the street was expecting 2.81 billion. adjusted earnings per share, 42 cents. street was expecting 32 cents at end of second quarter, monthly active users, 1.32 billion. and, i'm growing to keep going through this for you. bottom line, adjusts earnings per share, 42 cents.

street expecting 32 and beat on revenue, 2.91 billion. street expecting 2.8 billion. liz: it is mobile monthly active users people really want to see. last quarter it was 1.01 billion. the expectation, 1.06 billion, david. guess what they have beaten that too. they have 1.07 billion for mobile monthly acquisitions. david: i think adam has more specific numbers. go ahead, adam night is, 1.07 billion on the mobile, mobile monthly active users. david: again, what happened with mobile and what we've seen, mike, i will go to you on this, there has been this huge increase in the percent of its mobile ad space. close to 65% now, i'm, curious as to why the stock isn't taking off? was it already a little frothy? i hate to say this as janet yellen reported last week? >> you said it your seven, fed said it is frothy environment maybe you should pull back to take profits. looking long term, facebook is a story that hasn't really

changed. they're executing as you can see on the mobile front and at the end of the day they have what i believe one of the most valuable assets in corporate america. they know everything about everyone of that's users. people still voluntarily but their entire lives up there. they may have a couple swings and misses going forward but at end of the day they can monetize that asset next five years. liz: john, charles payne pointed that out last hour and you're a believer too, earnings have actually been pretty strong. we put up your picks, oakmark fund, oppenheimer developing markets. a little bit of risk thrown in here. you're confident. >> i am. i think these are great long-term plays. the two u.s. ones, the first two stress large cap. one is value tilt. one is a growth tilt. they're very complimentary. emerging markets which have had a very poor last two years, we just added the oppenheimer developing markets, mainly

because it is focusing on the rising middle classes and consumer in those emerging markets as opposed to focusing on quasi-government companies like the chinese banks. david: okay. hey, john, you're a great sport. we had two earnings reports right in the middle of your answers. you stuck with throughout. john farrell, mike fair ran tino. todd will come back with you at close of cme. kind after hint what might happen tomorrow. liz: facebook is firing on all cylinders. what have you done reaction for me lately moment for the stock. shares of norfolk southern hitting an all-time high today as the company inpressed investors wits earnings but could new rules on the safety of the oil trains put the brakes on norfolk southern's rally? we'll go straight to the source. ceo charles mormon joins us live. david: we'll see how they digest those new regulations.

meanwhile the faa, speaking of regs, banning u.s. airlines flying to israel after the rocket landed near the country's main airport. was it the right decision and what is the latest on malaysia air? were they going over the wrong airspace? we ask retired united airlines pilot whose routes included from new york to tel aviv. he has a thing or two to say on this. liz: we continue with our "can you hire me now" series. we're looking what employers look for a candidate and which industries have best pickup in hiring. david: we talk about increased risks to passengers as we fly this summer season. tell us what you think. are you changing your travel plans, following the recent aviation incidents in ukraine and israel? tweet us @fbnatb. your answers coming up. ♪ [ male announcer ] once, there was a man

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david: facebook reporting earnings moments ago, topping wall street estimates on both top and bottom line. liz: now the price is moving higher than the close. let's get to nicole petallides for more. nick. >> we were watching facebook move around. bid ask, closing. bid ask in the 71.58 range. earnings beat by a dime. coming in 42 cents versus

estimates of 32 cents. revenue also a beat. 2.91 billion versus estimates of 2.81 billion. facebook, second quarter mobile advertising revenue represented about 62% of advertising revenue. and also the second quarter active users last month of the quarter, 829 million. that is also interesting. monthly active users did come in slightly better than expected and so this will be one to watch in trading tomorrow. david: good stuff. thanks, nicole. appreciate it. the railroad guy an norfolk southern releasing earnings before the bell, reporting 21% rise in profits year-over-year. although it had a great second quarter, the company could face serious regulatory headwinds moving forward. liz: earlier today the department of transportation released a new set of proposed restrictions on trains transporting fuel. these rules come in the wake of two accidents, more than that actually, could heavily impact

norfolk southern and other u.s. transportation companies as oil transports surge. we have the steve moorman, ceo. your numbers look very strong and suddenly the stock it at all-time high. for a man part of this industry for so long, what is that moment like for you and what do you think there is real driver because there is echo chamber how bad the economy still is? >> first of all, thanks for having me mon. liz: sure. >> i guess the perspective is, we did have terrific second quarter results. volumes up 8%, revenues up 9%. record gross income, record operating income and net income and operating ratio of 66.5 which you know is a key indicator. that all-time quarterly record for us. so obviously with quarters like there you're very happy. you enjoy them for about 30 minutes and then you keep on

moving. but i think the larger story here is that we think the economy is good, not great, but certainly continuing to grow at a reasonable rate. that's important. but, beyond that, we're seeing strong growth and strong indicators in a lot of our business segments, the business that we handle. we see that continuing. so we're very positive about our prospects, certainly through the second half and into 2015. david: well the economy might just be good. it was lousy the first quarter. tremendous drop in gdp but we have come back but one thing that is great in our economy right now. the energy discoveries. >> right. david: the fracking and of course movement of oil across the country is a big boon. you had tremendous big jump in the movement of coal as well. but you have these new restrictions, government restrictions because of spectacular, violent, deadly accidents while moving oil. not only in this country but

also in canned today. how will that affect your business, these new regs? >> well, let me start by saying that norfolk southern, the rail industry, everyone involved in moving this product, producing this product, first and foremost, is interested in safety. and rail industries that a great safety record. we have brought accidents way down. we invested enormous. as of money in infrastructure, assets, people, training. we're continuing to make those investments. so that is obviously priority one. but we have looked initially at these regulations. there are things in these proposals that are in fact already things that the rail industry had voluntarily agreed to do. but we're going to sort through all the proposals, see what kind of impact they would have on the rail industry and in terms of our network velocity and then make our comments. i think the important thing here to understand is, when we talk about impact to the rail

network, and network velocity, what we're really talking about is impact to all of our other customers, to the people who rely on us to ship ups packages or ship automobiles to dealers or bring food to distribution centers. and even people who ride amtrak. so i think that is a big part of the equation. but i will end by saying i'm optimistic that we're going to come out were -- with a set of regulations that will allow us to continue to handle this product safely and give the public the assurance that we're going to do just that. liz: okay, that's definitely palatable certainly to just about everybody watching. wick, you and i talked before on other programs about opportunities where one door closes, another open. coal seems to be out of favor at the moment yet natural gas is certainly in and all the oil coming out of the shale region in north america is really coming through here. tell me how sensitive you are to the situation with coal.

your revenue is still up 7%. what is really happening there? can you let that be displaced by something else? >> well we, that is a great question, liz. we've seen a big displacement already over the last three kearse with coal and what you saw this quarter, by the way this is first quarter where we had year-over-year increase in coal revenues since 2011. liz: wow. >> what you're seeing now is that we had a very cold, severe winter as we all know. natural gas prices are significantly higher than they were say, 18 months ago. and coal is dispatching across the grid, and stockpiles are down. so we have a lot of our utility customers saying, we need to get those stockpiles back up. they're still lower than they were six months ago. and we expect it to continue to ship a good amount of utility coal, certainly for the second

half and into next year. and then long term, no projections says that we won't be burning a lost coal to generate electricity in this country for a long time to come. david: yeah. surprising rebound in coal shipments really helping out norfolk southern. charles moorman, thank you, wick. appreciate you coming in. >> appreciate it. thanks so much. david: thank you. liz: the federal aviation administration now extending its order suspending u.s. flights to tel aviv because of the risk of rocket attacks involving of course only u.s. carriers. next we talk to a former united airlines pilot who used to fly the new york to tel aviv route. david: how can cash all dining chains stand out from the crowd -- casual? so important as the picks up steam. the owner of 38 appeal bee's restaurants in new york will give us the secret of his

success. liz: hackers hit the one of the biggest ticket reselling names in the business. could you be'affected. that is next. ♪ ♪ ♪ ♪ [ male announcer ] if you can't stand the heat, get off the test track. get the mercedes-benz you've been burning for at the summer event, going on now at your authorized mercedes-benz dealer. but hurry, offers end july 31st. share your summer moments in your mercedes-benz with us.

david: after palestinian rocket landed near tel aviv's main airport the faa ordered u.s. airlines to suspend flights to israel. the ban was expected to end this afternoon but was expanded to an additional 24 hours. liz: was it the right decision or not? how does it impact the airlines? who better to ask but someone who used to fly from new york to tel aviv as a pilot. we have captain ross aimer.

welcome, captain. we're happy that you joined us on the show to give us real perspective that we hope isn't biased one way or the other. what do you think of the if. aa's rule suspending u.s. carriers flying into david ben-gurion airport? >> as a pilot i normally don't definitely agree with faa and all their decisions but in this case i would have to agree with them. i think they had no choice. looking what happened a week ago over the russian-held territory. i'm -- david: let's talk about that. we're going to talk about ben-gurion as well but i want to talk about malaysia air for a second here. were you surprised that the malaysia air flight actually flew right over a war zone? >> yes. unfortunately these days everything is about money and obviously airlines are trying to

shave off a few minutes of the flight time and save some fuel by going the shortest distance between two flights that happened to be over a war zone and sadly that malaysian pilot either wasn't too sure about that or could not really change that decision of the airline. david: let me just mention because you mentioned in your notes, in fact if that had been a u.s. carrier, the pilot may have been able to make an audible. may have been able to change that flight path, correct? >> that is correct. i had the luxury of working with a large u.s. carrier. i did have a backing of a union that would stand by my decisions if there was any reprisal that, but, just like any pilot would avoid going through a typhoon, i would have avoided going through a war zone. liz: it seems pretty simple but they don't have the luxury of that union behind them, for

example. there is a case of unions actually being quite helpful, at least to people who would be in risk and harms way. now what do you expect to happen? it has been 24 hours. they extended it another 24 hours. i'm sure you heard former new york city mayor bloomberg was absolutely furious about this. wants to show that it is safe. he boarded a el al jet last night. landed safely. i said in the last hour, my 16-year-old niece flew back from israel on a scheduled flight. said it was completely fine. how long does this last in your opinion? and how long do we have to wait for this current conflict to end before u.s. carriers can go into the area. >> my area of expertise doesn't extend into the politics of such, but it was about time the faa stood up and said something. i would have thought the u.s. airlines would have perhaps voluntarily done something like it. now it is going to be, obviously

i don't know how long is this going to last but it is going to be pretty tough for the executive or the first one who would blink and say, well, we're going back in. and if anything happens, you can imagine the outcry. so, you know, we all like to err on the side of caution. i, i know the airlines are obviously dying to get back in there to make money and so is israel trying to get back their tourism. but this is a tough situation. it's a war zone. we can't take any chances. david: by the way, if we err on the side of caution, why not have anti-missile systems on board? or would that just be too expensive? >> you know, i just had a recent interview about that and they asked me about the ecm, or anti-counter measure systems. that technology was here long time ago. there are some commercial

airlines, i beg your pardon, i change that, some private, large jets that have those systems installed. there are unfortunately very expensive. most airlines will not be able to afford them. david: what a shame we even have to be talking about that. just shows you where the world has come. captain ross aimer, great to see you, captain. thanks for coming in. appreciate it. >> my pleasure. liz: if you want to be a wall street superstar or perhaps a fashion guru, the ceo of recruitment firm glow tap has some tips for success. you definitely want to listen to what he has to say, in our part three series, can you hire me now? david: casual dining chains are duking it out to get new customers and retain old ones. what is the secret sauce of a successful franchise owner? we'll ask one. zane tech, 33, or excuse me, 38

very successful applebee's restaurants in one of the toughest markets in the world, new york city. ♪

david: america's success is built on an upwardly mobile middle class. we always emphasize that here at fox. no sector caters to that sector than the applebee's restaurant chain of the not all applebee's

are the same. the parent company, dine equity has mixed results. apple metro, is booming, 39 right now, applebee's in the new york market. what is their formula? joining me now is apple metro chairman and ceo, zane tankel. good friend of the show. zane, what are you doing right? >> i think the bottom line, david, money has to follow, not lead. and by that i mean if money lead you don't get engagement from your people, you don't put the time into them, you don't put the money into them. you need, it's a people business and all about people and they have to carry your message. in order for them to carry your message they need to want to. not because they're ordered to. not because we dictate. we have well over 3,000 people. i can't very well go around and tell each one to do this and do that. i think the bottom line, i believe the bottom line is caring. you can't fake caring. if you care about your people, they will care about the guests. david: well you can't fake it. so are you telling me that this is not a simple formula, that

all applebee's can duplicate, depends on the management? >> you have to work at it. any business, as you know i'm director of several public companies, a oil field services company. all of them are the same. at end of the day somebody has to touch the guest or somebody has to touch the client. that is your most important person. how do you engage them? you care about them. firstly you choose, i should back all the way up, choose them, very, very wisely. they're special people. to be in the service industry in today's world, which is underattack, under attack from other concepts, from other segments of the business, fast cash all, for example, has -- casual, and come in very strong and hurt the casual dining business very much. the fast feeders gotten it, they figured out you have to give them salads and give them more than a hamburger so it comes down to people. david: that is how the people that work for you. dealing with the customers is

critical. as i mentioned, upwardly mobile middle class, people that eat there, i ate there with my daughter, i got picture of my daughter at applebee's, we ate there the other night, everybody is treated like they're dining at the ritz. this is middle class restaurant but you're treated like upper class person, did he get that right? >> exactly right. it doesn't ordinarily come natural because not every guest is nice. so you tend to get hardened a bit by the one who is not nice to the one who is nice, i.e., you and your daughter. so we work at it. we work at it all the time, not just me as ceo. but our director of operations who has two people that report to her. i may set the bar and i may set what our priorities are but it has to be carried forth by your organizational structure in in any company. david: by the way, are you hiring right now? are you growing enough so you're hiring? >> we just hired 200 some odd people at gateway -- david: this is your 39th

applebee's. >> in brooklyn. david: rocky, you're a broadway producer. rock i unfortunately is closing. >> it is. david: is that your last attempt at a broadway produceer? >> i might put them up, i don't know. david: it was a wonderful show by the way of the we all liked it. >> for whatever its reason, never got traction. and that -- david: going back to broadway? >> i don't know. i'm on broadway, in the restaurant business, you knee. there is not a lot of differences. there are a whole lot of parallels. they have to get the viral, contagious kind of word-of-mouth. that is what broadway needs. that is what we need. if we need people to go out to say, hey, i had a great experience at applebee's. we don't fool ourselves, david. we're not the four seasons. we make good food and which have peep in the kitchen that really care. i'm talking about front of the house who you see but there is a whole bunch of the back of the house preparing that food and they need to care. they can't just go through the formula cooking.

that is what we are formula cookers. they have to care about what goes in the plate. if you can get that to happen, recipe for success to use a pun. david: fighter. producer, ""rocky" quote, other thanp owner of apple bee's. liz: i loved "rocky quote. you have to hear what he has to say about getting a high flying job. he is our guest, in part three of our can you hire me now? series. another big day and more recalls from the auto industry. they're not just from gm this time. we'll tell you which automakers and which vehicles are affected. it is not all bad news for gm. one of its cars is getting thumbs up from one of the nation's most influential organizations. ♪ throughout the state.

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david: so are you in the market for a new car? according to "consumer reports" maybe you should keep the bmw and the benz and go for a buick. the latest buick regal had nearly exact same "consumer reports" score as much more expensive bmw 328 and mercedes-benz c-250. all those consumers in market for sporty performance but reluctant to drop 43 grand at least on a new beamer. try a buick regal, costing just below 35,000. much kinder to your wallet. ranked in the same score as her

said c250. it was just a point below the bmw 328. the buick flat-out beat its $40,000 volvo competitor, which scored a full three points less in the "consumer reports" matchup. go america. liz: david, in this economy it is often uphill battle trying to find a good job. so depending on your industry, it could make sense to really enlist a recruitment firm to help you out. we have the ceo of glowcap search knows exactly what it takes to make the perfect match between employer and potential employee. he's a recruiter. he knows which industries are very hot and which are not. need to look for adam as he joins us in part 3 of our week long series, "can you hire me now." thanks for being here. when is it appropriate for somebody to seek out recruiter? >> most people get involved with recruiters after their first job. there are recruiters, part of

our business, that helps them out of college. really anytime in your career. liz: you work with huge companies, everyone from morgan stanley or news corporation, a sister company here. big, big names out there, barclays. what are employers looking for today? we're talking about very quality jobs, good-paying jobs. >> definitely high analytical skill set. quantitative skis, competitiveness and tenacity i would rank on highest score across all our clients. liz: tenacity, give me an example. because as you're interviewing potential individuals to prent to your clients who are recruiting, do you coach them? you have to be tenacious but what does that really mean? >> first step in tenacity is getting in front after recruiter. we get hundreds of application a day but we can only interview a handful of them. we use that as screen, who shows persistence with us. we expect the same persistence to carry forward interviewing with the klein. everyone wants to be wanted.

if a client feels from a candidate rally wants the job, that is a sign that is going to be helpful to you. liz: okay. who is hiring now? >> well, i mean broadly speaking the sectors of our con in knowledge-based company like this hiring that are health care, finance, technology is at the top of the heap. these are dynamic parts in a growth stage as opposed to decline or steady state. liz: where is there a shortage of really good quality employees because we have people who say, i have that skillset? >> for across the board, people in higher paying analytical jobs are shortage. finding everything from executive assistants up to portfolio managers or business development heads, there is a shortage, if you're a high-equal person. if you're well-educated, motivated, have a food resume' you have a full employment situation. liz: you just said well-educated. there was for a while there, this push, oh, you don't need to pay for college education because you're not getting a job anyway and you will end up in

debt. what do you say to that? >> depends upon the school you're at. it is true certain college degrees do not confirm much of an advantage. school no one heard of or weak program could be well a waste of money if you're in well-established institution or maybe not as well-known but strong program in your area that is worth the investment. liz: adam, would you take on potential employee to present to one of your recruiters who hadn't gone to college. >> no. liz: you want to he associate college degree? >> dell. for our clients for sure. liz: the number one thing people on the hunt in some of these areas need to know, what should they be doing? >> first of all, you've got to make sure your resume', has no spelling errors. basic things, you would be shocked is clear, articulate clear duties you have done. work on interview techniques. when you're talking to recruiter first or going directly to the company, you have to work on having confidence and artic you late in the interview and not

being afraid. have opinions. employers want to see a self-starter. demonstrate in your body langage interview style. liz: just saying that i'm motivated and self-starter is good you beginning but number one thing they should impart from the interview aside from that? we had barry drexler interview coach. he was terrific. you have to be in there and not be fearful. be out there. be present, to be that -- >> engaging. engaging. i would say number one thing you want to demonstrate that you have a strong work ethnic and that you will do whatever it takes to get the job done. liz: whatever it takes. perfect. adam, you're so helpful, thank you very much. >> thank you, liz. liz: adam zoia of glowcap. one of those recruiters you want to get in front of you. tune in tomorrow, part four of you are can you hire me now series. she will tell you how to set up your linkedin profile to attract potential employers, david. it is as important as a resume'

these days. david: we will be watching. liz, i know you're sick of this story. i know our viewers are but more more than general motors. general motors and chrysler recalling hundred of thousands of more vehicles. is your car on this list? we have details coming next. forget about entering a pass code. motorola unveiled a brand new invention makes it easier and faster to unlock your phone. you want to hear about this and we'll tell you how it works when we go "off the desk." all that is coming up. ♪

crestor lowered bad cholesterol in it's a fact. high-risk patients more than lipitor. bad cholesterol... you're going down! yeah! lowering cholesterol is a big deal, especially if you have high cholesterol plus any of these risk factors, because you could be at increased risk for plaque buildup in your arteries over time. so, when diet and exercise aren't enough to lower cholesterol, adding crestor can help. i'm down with crestor! crestor is not right for everyone, like people with liver disease or women who are nursing, pregnant, or may become pregnant. tell your doctor about other medicines you're taking. call your doctor right away if you have muscle pain or weakness, feel unusually tired; have loss of appetite, upper belly pain, dark urine or yellowing of skin or eyes. these could be signs of rare but serious side effects.

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and could save you in out-of-pocket medical costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. liz: two u.s. auto giants are recalling even more cars. general motors announcing six additional recalls for varying safety problems while rival chrysler is recalling hundreds of thousands of its vehicles for the exact same problem that rocked its crosstown rival in detroit. david: the keys again. jeff flock in chicago with very latest. jeff what is behind all this. >> david, i'm going to submit this as actually good news for gm because none of those six recalls that you report were actually for ignition problems. as you report, its rival did have ignition problems. let's look at numbers first. some of these, it is about

700,000 vehicles. they're kind of small-time stuff. i don't want to minimize it but some related to power seats. some the seat welds on the seats beneath where the seats attach, some of them could come loose. also some problems with turn signals. i know you mentioned a buick regal being a good buy. that is one of the vehicles that got recalled because of the turn signal problem. but nothing real serious there on the other hand, take a look at chrysler and vehicles it recalled. these are mostly older cars but the jeep commander, remember that big one they used to make? don't make it anymore. look at jeep commander. these vehicles can still be sold even though they're recalled. this one here is on sale down in vicksburg, mississippi. you can buy that one today. take a look at the problem though. they have a shot on the cars.com listing of the ignition and that's what the chrysler folks don't want to you bump. if you bump that with your knee you could turn the car off, turn off airbags and power steering an brakes.

the other one, grand cherokee which is a big seller for chrysler and jeep, 2005 to 2007, those recalled. many of them continue to be on sale. chrysler tries to minimize this here is what they had to say when they announced this. they are doing this, quote, out of abundance of caution. only .015% of the subject vehicle population is affected. but they did at mitt, it is same thing, as you said, liz, the outside force, that is to say, you bump it with your knee or something else, you could turn the car off way too easily. i add, gm's stock, because, gm, despite all the problems, has not had a bad run of it either with sales or stock and tomorrow, first thing before the bell we get earnings not only for gm but ford in q2. both of them expected to have revenues up and profits down. david: i know it's a serious problem. i wonder how many cars of the '60s, '70s,0's could have

survived? probably all of them would have to be recalled. >> david, i have a tell you ford explorer, goofing around and i tried to bum the thing in off. i did. if you want to be idiot you can turn your car off and can do it. liz: you need keys that don't dangle from the actual ignition. david: when we go "off the desk," we talk about the latest trend to unlock your smartphone. you want an easier way to do it? we have a digital tattoo we're talking about. you want to hear about this. liz: that is fascinating. are you brave enough to ride the sky tower? david: yes. liz: don't go anywhere. we'll tell you about this all-new ride that is literally throwing people from a 100-foot tower. my little friends, blake and connor would love this, i bet. ♪ ♪ ♪

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it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long term injury, seek immediate medical help for an erection lasting more than four hours. stop taking viagra and call your doctor right away if you experience a sudden decrease or loss in vision or hearing. this is the age of taking action. viagra. talk to your doctor. if your doctor decides viagra is right for you, you can fill your prescription at your pharmacy. or, check out viagra home delivery, a convenient place to fill your prescription online and have it shipped at no additional cost straight to your door. viagra home delivery. get started at viagra.com. gerri: let's go "off the desk." entering your password, over and over can be so frustrating.

motorola has paired with technology company viva link to unveil a new temporary digital tattoo that makes unlocking the smartphone simpler than ever. all it takes a quit tap against your skin. the tattoo is about size of a nickel. it will stay on five days, even through swimming, showering, going to the gym. pack of 10, 10 bucks. right now the tattoos only work with the motorola x, which is now owned by lenovo. david: as long as i don't have to do it in my skin. also "off the desk," if you're looking for thrill after lifetime, sky tower at denmark. very simple design. no vehicle, no brakes. just a net from 130-foot tower. each victim they call it, plummets, not victims, only volunteers. speed of 55 miles an hour into a net 100 feet below. you will experience 4-gs. the ride is so scary that rescuers have use i had it to

simulate -- i love it. they simulate near-death experiences with this. >> no and no. david: "the willis report" is next. gerri, you have got information on the customer breach at stubhub. i want to hear about that. gerri: liz and dave, thanks for that. we're digging why it took stubhub a year to tell customers about their security breach. also coming up on today's show, a surge in mistakes by air traffic controllers and pilots. we have details of a new faa report just coming out. also the record heat and lack of water in california could soon hit your wallet in a big way. we'll explain. and don't waste your money on common service item for your car. we're breaking down what to watch for at auto repair shops. "willis report," where consumers are our business starts right now. gerri: we begin tonight with another big consumer information. this time at ebay'