after the bell yesterday, that their first quarter numbers came in really bad. [closing bell ringing] >> big loss. stocks down 20%. david: all right. folks, as you see, the numbers, no, i don't think we'll make it on s&p. or the dow jones. we're all negative. run through the indices if we can there. the dow is down about 26 points. nasdaq, and russell 2000 are in positive territory. that's good news. liz: the bell rings. what drove stocks? well it is a different picture now than it was just an hour ago after the federal reserve minutes released the markets, took off. skyrocketed. you see it came back to earth, at least for s&p and the dow. no records just yet. "after the bell" starts right now. david: getting to today's market action, charlie smith from fort pitt capital will tell us two growth areas to invest it.

mark travis, intrepid capital management has four big contrarian plays. we love the contrarian view. chris gersch from the cme. chris, fed put, seems to be running out of steam, doesn't it? >> you know this rally we really believe is running out of steam. you saw a tick up in a lot of dividend players. you saw gold tick up as commodity. what we're saying what a lot of players call a wedge at top. the fact we weren't able to breach the 2134 level in the s&p pit is key indication a lot of momentum is slowing down as we pulled back almost 10 handles. liz: the number to beat was 2129. the we're at 2125. mark travis, it is harder to push this bull of a market because it is fully valued or fairly valued. do you think it is overvalued right now? >> liz, you could make a case for lower stock prices in face

of imminently rising rates, whether june, september or next year. you know, i think in terms of market cap to gdp, we've reached peak. so we're seeing, 2000 seven, we're past that -- 2007. we have margin debt at high levels. hard for me to make a case a lot of shares competitively cheap. the ones i like certainly have been hurt but i think traded somewhat of a discount to private market value. david: charlie, what about the fact the economy may be holding the market back at this point? we'll talk about retail sales with brian wesbury. he says not so. he has specific reason why. is the economy right now straining the market? >> i think you can make an argument the fact we have got maybe 1% type annual growth rates so far. if you combine decent second quarter with a bad first quarter, it is definitely holding back earnings. we're looking for maybe 2% earnings growth on s&p earnings this year. so tepid economy is keeping

earnings growth weak and multiples are rich. think argument that is, stock prices can go a lot higher is a difficult one. liz: okay. but there is always an argument for picking solid names, charlie. you have a list of them. what is the common thread here when looking to add something to your portfolio? there is a high bar there, isn't there? >> you're looking for a company that is demonstrated profitability, better than its industry with some sort of a tailwind at its back. one of the names we like is honwell. it has got three or four different industries where it is big, where the sort of the macro tailwinds are good. aerospace, for example. you know airlines were crushed today on expectations that there might be new capacity from the middle east with, in middle east has been one of the biggest buyers of airplanes the past 10 years. david: let's keep it on contrarian plays, mark. i love this one. i didn't realize england privatized it postal system a

while back in 2013 and it went public. you think it is a good bet now. why? >> david, first off i hope our politicians are watching based on all the ugly numbers our postal service produces. they took it public in october of '13. delivered 29 million unique addresses in the u.k. and, they are allowed adequate returns on capital. the business is really got very little leverage on about five billion in british pounds. david: hold on a second. what about the competition? ups and fedex operate over there as well? >> well, sure. and that last mile is where people are picking them off. you have had an increase in parcels courtesy of amazon and, you know there are some concern there that amazon may move into that space as well. they have had a private, you know, whistle is a competitor that is not gotten funded. they will stop operations in the u.k. so that helped share price here recently. but we think it can to a little

higher from here. i like to say you're paid to wait with north of 4% dividend in what is really kind of a monopolistic position from my perspective. liz: chris, look at the 10-year yield today. it is again still not very exciting compared to some of the dividends that both charlie and mark are talking about. why do people still remain stuck in the mud in treasury land? >> people are stuck in the mud because the contrarian belief is continuing to infest all these investors and, the flight to safety is scene in the dollar. you're seeing really huge volatility against the yen today. and you're seeing gold tick up. so again, it is that flight to safety. a lot of traders, international investors, see, you know, as compared to the europe yields, they're very attractive. so, i think that is best-of-breed right now as far as yields in the treasurys side. as far as dividend plays, remember you have that also

you're investing in, investing in these companies. if we have a pullback, dividend or not, you will still lose a lot of your capital just based on the stock price. david: charlie, almost impossible to find any beaten down companies let alone sectors. energy sector because the price of gold going down is hit hard. is there time to go in there. are there any bargains? the energy sector? >> we still think there is decent amount of growth in the gathering lines and regional pipelines. company like kinder morgan still has got half a dozen major capital projects in the next five years they can buildout and grow pretty well. so we think the midstream pipelines and the gathering business is still pretty good in natural gas and oil. liz: again those dividends, david, they are great. charlie smith. mark travis, good to see you. chris gersch, thanks. david: you probably heard about the takata airbag recall, the biggest recall in u.s. history. it affects 34 million vehicles in the u.s., but what happens now? liz: why cheryl casone is here.

she is here to tell you, joining us live from inside a collision specialists body shop in manhattan with the latest. cheryl? >> it is so fascinating, liz and dave, what the future is going to hold not just for takata but 34 million vehicle owners. here is question mark, do i need or get a notice from the dealership? go to safercar.gov to enter vehicle i.d. number. show you where that is located, liz, particularly for you in a moment. this is onboard computer for a vehicle, right? every time you replace airbags, you have to reset that computer. that is piece when the car goes into the dealership. to give you examples here, you will have to have both of these airbags replaced. this comes from a honda. this particular airbag was deployed. now rye move this. this is from the steering wheel. honda of all carmakers, they are the one most affected. this is honda dash. this will have to be replaced as well.

this is passenger side. give you a sense what all of these airbags look like in action, take you into the car. the airbags were deployed in the chevy. these are mexican made airbags. this ford or chevy is manufactured in mexico for the company. but, again, these airbags, what was happening with takata, what they still can't really pinpoint the cause, but they do believe it has to do with humidity, is these airbags are deploying. metal canister was triggered, too much power, too much force, guys. that was actually throwing shrapnel out into the vehicles and that of course is a very dangerous situation as well. here in new york state, 12 years and over, you have to be 12 years and older to be on the passenger side. that force, think about children. think about animals. think about way we live our lives. that is disconcerting about this entire recall. you have website, honda, ford, mitsubishi. there is a long list. mercedes not affected. send it back to you dice. we've been using this vehicle all day to give you answer,

example what it looks like to have a car that was involved in a vehicle crash. look at front here, okay? that is where the brunt of the hit to the car took. and then the front of the car as well. all again, all those airbags deployed. this car, by the way it is totaled. this car is healthed to. that is i think surprised a lot of us. a lot of questions for owners. in particular how long this will take. analysts telling us guys, it will take years, maybe 10 years, to get through 34 million vehicles, liz and dave. astonishing number. david: cheryl casone, thank you very much, cheryl. liz? liz: to latest on outrageous scam. preying on everyday americans who are willing to help fight cancer. tennessee family raised $187 million for cancer charities and turned around and spent all the money on themselves. the feds say james reynolds,

jr., and his family, remember that name, james reynolds, jr., and his family bought cars, luxury vacations and gym memberships along with a bunch of other stuff. they claimed to be raising for these four charities in two states, children's cancer fund of america, breast cancer society, cancer fund of america and it is affiliated cancer support services. authorities say if you donated to any one of these charities, do not expect to try to call to get your money back anytime soon if ever at all. i suspect it never went to any sick kids. david: wow. too bad we don't have public caning for people like that. as clinton allegations pile up with no consequences the bar keeps getting lower for bad behavior in the public sector but would the hillary reputation work in the business world? we'll discuss that with our panel. liz: criminals stealing your data from atms at highest rate in two decades? who is liable if it happens to

you? guess what? rules are changing. are some banks safer than others. we got answers to that. david: the "mad men" finale got the buzz but did not deliver to the ratings compared to a 1950s rerun which had twice the number of viewers. tell you all about this trend in the country coming right up. ♪ [ girl ] my mom, she makes underwater fans that are powered by the moon. ♪ she can print amazing things, right from her computer. [ whirring ] [ train whistle blows ] she makes trains that are friends with trees. ♪ my mom works at ge. ♪

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comcast business. built for business. liz: u.s. and british regulators fining five major global banks $5.6 billion for rigging foreign exchange market along with libor interest rates. the settle mane included guilty pleas from barclays, jpmorgan chase, citicorp, of course the royal bank of scotland for conspiring to manipulate the massive currency market. ubs enter ad guilty plea for violating a prior settlement related to libor charges. london interbank. international rate. over its foreign exchange trading operations. david: with oil and gas prices cheap, relatively so, economists thought consumers would be out shopping and buying a lot more than they have been. retail sales have been gnat in april. they went down first couple weeks in may. what is wrong?

our next guest has surprisingly simple answer. first trust chief economist, brian wesbury. what is the answer? >> dave, great to be with you. david: thank you. >> you know what it is? taxes taxes taxes. april of this year the federal government took in more in income tax receipts than they have ever taken in and most of that, or a big chunk of that came from what we call non-withheld taxes. you know we all have withholding every month but every once in a while you owe more in april. it could be because of capital gains. it could be because you underwithheld during last year. it could be because you face problems with obamacare. but the bottom line is, taxes exploded in april. and, that sucked all the wind out of retail sales. david: wow. by the way. it is 21% more than the same time last year. you're right. it was a huge amount. >> right. david: or huge increase. however, $50 billion, that is what the increase came to.

>> exactly. david: over last year. against a $17 trillion economy doesn't sound like a lot. how could that affect retail sales so severely? >> yeah. you know if you take that $50 billion increase in tax payments from last year, let's say most people expected it or even had some of that withheld, and we'll just take a look at 40 billion of it, and divide it up over 12 months. it is about, that is assuming you don't let hit hit you all at once. you willower spending over the next year to kind of pay for this. this would affect retail sales by three, 3 1/2 billion dollars a month. which is .4 of a percent. it is enough to really knock the stuffing right out of a retail sales report. david: so are we going to recover say for the month of may because the first two weeks of may didn't look good? i know those same-store sales numbers haven't looked great. we do think we will recover,

especially because, these, when you have to write a big check to the irs in april, you're not going to go out and buy a car that month. so, the bottom line is, we think car sales are going to bounce back. we think other sales are going to bounce back. remember, if, let's say we're right. people do stretch this out over 12-month period. once you have done that, and you have kind of equalized those payments, then you go back to more normal growth. we do expect retail sales to bounce back. look, you know, david, we haven't, we haven't seen a booming economy. we keep calling it the plow horse economy. so i'm not looking for 3 1/2, 4% growth, a booming consumer in here. but i do think biel come back from this weak winter data. david: by the way, you have an excellent record for the past couple years you've been spot on. but i have to ask, if you're right about the may numbers, by the way, they will be coming out right before, coincidentally the

june fed meeting. >> right. >> today because of the minutes the market was betting there is not going to be a rate increase in june. if it they come out with great retail numbers in may, perhaps there could be a june rate increase? >> we still believe that june is on the table. you know, most minutes today, at that came out, a few members were looking at june. but then many, those are the key words that we keep looking at. david: right. >> you talked about it today, many said, wait a minute. the data aren't, don't support a june rate hike but we think when you get june, or well, may employment comes out on june 5th. just a couple of days before the meeting we get may retail sales, we think those numbers are going to be strong enough to swing that many to a just a few. david: wow. >> have just enough votes for a rate hike in june. david: wow. >> don't worry though. if we go to .25 to 0.5% --

david: not high. >> these are really low. david: you heard it here first. that is contrarian view. brian wesbury, first trust chief economist. thanks for coming in. >> great to be with you, dave. david: thank you very much. liz. liz: do you have a debit card? of course we all do. listen up, all of you, criminals are stealing credit card data from atms at the highest rate in 20 years. are you at risk? who is liable for the missing money? we have the answers. could have a certain type of water have a big impact on your mood? one canadian company says its products is going to make consumers much happier and healthier. the ceo is here to tell us why and how. ♪ i've smoked a lot

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broke this story. he is here with the findings. this is a six-month investigation. >> it is an investigation of the hiring practices at the faa regarding air traffic controllers, 15,000 on the job, keeping us all safe. the question will you be safe in the future? because we uncovered cheating on the key test to get a job at the faa here is little bit what you are going to see at 5:00 p.m. >> allow me to go to work and come home, provide you with an email that will be extremely crucial in the opening stages of the hiring process. there is some valuable pieces of information that i have taken a screen shot of, and i'm going to send that to you via email. i'm about 99.8989% sure it is exactly how you need to answer each question in order to get through the first phase. -- 99.99. >> we've been trying to reach out to the person responsible for that voice texas well as the organization since january. they have not denied our questions of cheating.

they won't talk to us but we talked to them. you will see all of it at 5:00 p.m. liz: can he clarify, he was sending out the voice mail to the members saying i will send all of you the email? >> screen shots with the icons you should select to get through the first phase of hiring. >> 5:00 p.m. eastern and on the foxbusiness.com website you have a piece bit? >> we will post everything after the broadcast. a written report that lidges you to documents from the faa things that have never been published before which criticize the faa as well as the reports tonight. liz: everyone, catch trouble in the skies, coming up 5:00 p.m. eastern right here on fox business. adam shapiro, thank you. david: liz, as los angeles businesses digest a mandated 67% increase in the minimum wage, protesters in illinois are picketing mcdonald's corporate headquarters demanding that company double its minimum wage as well. so could all the efforts do more harm than good? todd horowitz, average joe

founder and author. veronica daguerre, "wall street journal" columnist. todd, the key question whether more people will be put out of work as a result of these minimum wage increases some of which are almost double? >> i think now that more people will be put out of work and more businesses will be put out of business. this is simple math, real quick. 24 hours a day open. average of five employees on staff. $5 an an hour raise. $3600 a week, $180,000 they have to make in more income to pay the minimum wage. david: veronica, as far as mcdonald's is concerned they have been talking for years to moving over to more automated system which the counter service would be minimized. you could fire maybe half the people at counter. this would push them more towards that point, right? no for sure it could. we're seeing other businesses as well pursue automation because the cost of labor is increasing. especially looking at a case like mcdonald's.

their franchisees operate on such small margins to begin with. you put more pressure in the form of wage pressure on them they will have to cut costs somewhere. where will they look. they will look at salaries. the problem with this though is that, the divide between rich and poor in this country is growing to get wider and wider. that is exactly what some of the protesters are protesting against. david: todd, the first-timers, people getting a job for the first time, 16, 17, 18-year-olds they will not have the first time experience. >> those jobs will not be available. if they stay in business they will eliminate those ties of jobs because they can't afford to pay $16 an hour. you. david: you need the job to get experience, how to wake up on time. >> one of the problems with millenials they don't know how to mix with people. david: here is one question. how do you hire a ivy league

jet-seter playing fast and loose with the truth, boring guy from the midwest, never graduated from college and worked hard and is honest? voters may have to make that stark choice in:in 2016 if hillary clinton and scott walker face off. who will americans hire for the top job? very ron kay think scott walker will do well in the private sector. people are looking for stability in the private sector. are they looking for that in the white house as well? >> they could be indeed. people are looking for someone they could trust especially a small business owner. someone who understands business, has business experience who can simplify things like the tax code. make it easier to do business in this country. look for someone who will give them a clear path what is ahead and what they can expect in many environments. and they're looking for that. david: todd, on the other hand, american voters have a tendency going back to fdr and jfk looking for razzle-dazzle. not necessarily private sector experience but raz sill --

hillary may have a lot of negatives but she has the experience with razzle-dazzle? >> she has a magic wand to make things appear and disappear. she was able to scarf on the chicago mercantile exchange without a margin call. >> that is where you work for a living. david: they have been able to, the whole family has been able to skirt around a lot of issues and somehow end up on top. david: what wins the as sill dazzle or boring straightforward? >> i think boring straightforward guy. we had the raz sills today sill. and we need. razzle-dazzle. david: 60-year-old rerun of "i love lucy" did better than amc's last episode of the "mad men" series. is this nostalgia or one-off event? >> it could be. "i love lucy" was a great show. no matter how old you are, if you're a boomer, tune in and laugh at the jokes and understand the jokes. that is one part of it. i think another part of it,

there is so much going on in the world, there is so much geopolitical risk, there are some people who are feeling fearful at home and abroad, that you just tune into something like "i love lucy" and you forget about all that for a few minutes and just laugh and have a great time and forget the world. i think there is sort of a need for that entertainment right now. david: todd, place into the people are into simple notions and than the sophisticated ways of the jet-set. >> i think tv is many about almost antiquated. if you look at millenials you now see they watch on computer. david: however a lot of millenials loved i love lucy show. >> it is great event. they could get it on netflix. i think this he watch on phones. average millennial come out of school, don't buy a tv put it on the computer. david: wasn't it nice to see "i love lucy" beat "mad men"? >> "i love lucy." david: todd horowitz, veronica

daguerre. good to see you both. liz? liz: alarming spike in atm fraud. how thieves are becoming so much more savvy and how you can protect you and your money coming up. can new type of bottled water improve your mood and make you happy? the ceo, yes of happy water says there is no doubt. why and what is in it coming up. will americans buy it? don't go anywhere. ♪

david: well another recall. this time not a car though. electrolux is recalling a line of kenmoore gas ranges sold exclusively at sears nationwide from june through october of last year due to a potential fire hazard. the company says the burner flame at about 250 kenmoore elite dual fuel ranges can go out while the gas is turned on, allowing gas to continue escaping. no incidents or injuries have been reported so far. consumers are urged to call sears for a free repair. liz? liz: for those that use your debit card frequently or daily, your money is at risk. criminals are stealing consumer data from atms at the highest rate in two decades with theft on bank property jumping more than 170% between january and april of this year. but this is no traditional stick up. you will never see these criminals. what do you need to know about debit card debt?

what do you need to know to keep the information protected. >> we have greg mcbride of bankrate.com. greg, why the sudden surge? this is really dramatic. >> liz, this fraud is a by-product of all the breaches we've seen. this is reflection of the fact this is the age we live in. the more electronic we become, the more electronic the criminals have become. so as consumers we have to be really vigilant. whether we're using debit card, credit card or anything else. keep close eye on your transaction activity. monitor that very closely. if you see anything unthundershower rised, report it to the financial institution pronto. liz: apparently a lot of people are not seeing anything. sam, let me bring you in. you're a leading consultant to the atm and self-service industry. how did it get to this point? they're using tiny cameras and things called skimmers, they're bolting on keyboards on top of real keyboards at atms? >> that's right, liz. there is really two types of fraud relative to amts, that

seems to be increasing. it seems to be getting worse. the first type is what you referred to as a skimming device. and a skimming device, essentially is a device that captures card data and it typically is put on to an atm. also point of sale terminals but in this case atms as an overlay device. that captures the card information. something else either an individual or a camera can capture the pin information. then a card can be cloned and then used to take out cash at any atm in the world. the second type of fraud that seems to be increase something more sophisticated. it hasn't happened as much in the united states as overseas but it is relative to malware. liz: now i get nervous because i pull up to the atm, and i see that the bank itself has cameras. aren't they supposed to be monitoring all of this? greg, who is going to pay me if my money is stolen?

>> well that is the thing. if you report it to your financial institution you don't have any liability. the that liability rests with somebody else. but, we're talking about something like atm or debit card attached to your checking account, that is where the problem lies because you have a hassle of basically getting the horseback into the barn. money is gone. now you have to get it back. even if you don't have any liability, there is still going to be hassle in the interim until the money is replenished. liz: monitor online mobile accounts. go on websites, sam, make sure you don't see a couple dollars missing here and there? as i understand they take a few as not to flag people, what is this $200 expenditure that i didn't authorize? >> right. i mean i think that the key is, and as greg pointed out, basically, if you see something suspicious, say something, number one. number two, is, consumers are really part of the solution here. so, be vigilant. anytime you see anything even

remotely suspicious, call your bank. talk to the bank. potentially even call law enforcement or police if there is something obviously wrong or an individual there that doesn't look right. liz: greg, isn't some of the onus on actual manufacturer of cards? you go to europe, the cards have chips in them. less inclined to force you to do pins that can be captured i guess? is there a better way we should be moving towards at this point? >> well, this is an area where america is lagging behind quite frankly. liz: true. >> because a lot of it is cost and convenience. going to point of sale using debit card or credit card, we just swipe the card that's it. that is not very secure way. if you look at rest of the world where you have the chip technology, where you insert the card. it reads the chip. and many places in europe it goes beyond that. you have to actually enter a pin. we're slowly moving in that direction, baby steps. until that happens we are, as a friend of mine said today we'll lead the league in terms of this

type of fraudulent activity. liz: which we don't want to. you're a guy in the industry. can't you move them along to safer opportunities here? >> it is taken a lot longer than it should have. both banks and atm owners need to and are in the process of stepping up their game. so basically in the atm industry by october of 2016, most of the bank atms in the united states will have the technology to be able to read these chip cards that greg mentioned. the point of sale industry is actually going to be one year earlier, october of this year. so because of that, most of the cards issued by particularly the larger banks here in the united states are in the process of being reissued or will be reissued over the next many months. and, then, combination of cards that have the chips and then point of sale devices and then ultimately atms that can read them. liz: gotcha.

again, no your surroundings. look around and cover your pin with your hand if you can. because tiny cameras are lurking everywhere. sam and greg, we appreciate you coming on. thank you. >> thank you. david: one company says its bottled water can actually make you happier? how does that work? the ceo is here to explain coming up next. plus as we get ready for the big memorial day travel weekend and record numbers of travelers, we'll look at airports with the worst delays. you want to stay tuned for that unone. good. very good. you see something moving off the shelves and your first thought is to investigate the company. you are type e*. yes, investment opportunities can be anywhere... or not. but you know the difference. e*trade's bar code scanner. shorten the distance between intuition and action. e*trade

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david: this memorial day weekend is a kick qualify to what is expected to be a busy summer travel season so pack your patience everybody. airports have 38% more delays over summer months. here are the worst airports getting you to air dice on time. new york's kennedy airport third worst. only 67.5% of flights arrive on time. new york also home to the second most delayed between june and august. that is lagarde yaw. -- laguardia. on time rate of 66%. airport highest amount of delays, again new york area, newark liberty in new jersey. less than 65% of flights arrive on time. liz: yea, all the ones we use

right here. david: exactly. liz: we have something you can zip on to keep you calm while waiting for your flight. bottle water, billion dollars business. very complicated. a canadian company is hoping to make a bigger splash with a new water it says can make you happy. joining me the chairman and ceo of appropriately title, happy water parent, leading brands, ralph mccray. happy water, what the heck is in it? >> happy to be here. lithium. and, it has been around and studied for decades and has proven to reduce anxiety, lower suicide rates. increase mood. reduce violent crimes. unfortunately in western society we only measure happiness by identifying reduction or elimination of those things that aren't happy. so, but, no, no, well researched and documented. we have a mineral spring source that contains the right amounts

of it. liz: the name is happy water, you said lithium, like "one flew over the cuckoo's nest"? don't they give it to severely depressed people? >> in a thousand time doses. there is a very good article written in the "new york times" last september by a cornell doctor that summarizes all the research. the recommendation is there, we all should be taking a little bit. there is actually studies in the '90s, early parts of the last decade that indicate they might want to add it to the general water supply. that will probably not happen. in the doses we have it has been shown to have beneficial effects. >> we know what happened when they added fluoride to the general water supply. some people went crazy about the government trying to control us. here it is, you twice, happy water. how much does a bottle this size cost? i'm holding up the basic bottle here. >> about $1.99. liz: that's it? >> that's it.

we price it in there with -- [laughter] liz: but, tell us what else you're doing to attract consumers attention that the shelves are stocked with other water. and water that is behind big names. dessawn any, coca-cola, pepsi has its own water, everybody has a different kind of water. how are you muscling in on the fijis of the world and he have veryians? >> we used to distribute fiji water. it is a very good brand. we want to give something to our customers that is naturally functional. we didn't believe in adding a whole variety of different ingredients and like to a product which is trend in healthy beverage sector. when we found this product it, provided other benefits, we thought it would be something people would gravitate too. the name helps us. we have something that would go around in the main cities we're in called the smile squad where

very bright young people go and introduce people to it. and we have now introduced a water box that we created over the course of the last year or so which allows a well bunch of environmental benefits to you and really stands out on the shelf. we think combination of those things -- liz: i have it here in fact. it doesn't have the plastic. it has a spout where you can open that part up. this is more for i guess refrigerator and there is a little spout. how much does something like this cost? >> about 9.99. take it home. take it camping. take it on a boat or to a picnic. go to a marathon, live, freeze it in advance. it will stay cold all day. there are a bunch of uses. 85% last plastic than you find in conventional -- liz: makes me so happy i won't notice my shredded achilles tendon? >> that i can't guaranty. the other part about it is great, belief, increasing range

of study how this lithium is neuroprotected. when we were kids everybody thought you were born with the maximum number of brain cells you have. bad behavior would cause reduction of them. this is something actually seen in neurogen sis conveys, helps create brain cells. so, things like alzheimer's, dementia, there is a lot of research going on with reto this that will help. liz: for people with a little too much fun in the '60s, this might help now? >> yeah. well, maybe, it helps make up for it. so just not the regrets. liz: we wish you best of luck. we're all fighting over this. who doesn't want to be happy. ralph, good luck to you, thank you very much. >> thanks for your time. liz: ralph mccray, happy water. leading company is lithium brands. david: lithium, who would thought. pipeline ruptured and 21,000 gallons of oil spilled on the california coast with cleanup efforts underway. we'll take you live to

california next. gold 10 state warrior's star steph curry stealing the show against the team's win against the houston rockets. wait until you see the little warrior that captured our hearts during the press conference. >> hello, everybody, i'm gerri willis. coming up on my show during the top of the hour. a special edition of "the willis report" with a fox business exclusive investigation on the faa's new hiring policies. "trouble in the skies." that is coming up in just a few minutes. you don't want to miss it. ♪

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>> cleanup is now under way in california after 21,000 gallons of oil leaked from onshore pipeline. >> adam housley from goleta, california. >> officials have shut down fishing and harvesting for a mile in both directions, you can see the plastic bags, inside were oil goblets taken from the buy. they're focusing on the rocks. thousands upon thousands of crude spilled into the bay for about two hours yesterday. the coast guard says so far the wildlife has not yet been affected but expect that to change. the cleanup process here is expected to take some time. while they say it may take only three days for the area overall, we're told by coast guard officials that it is a

tedious process and one that could take weeks. >> oil recovery is a complicated process that involves a lot of manual labor and taking environmental factors like wind, currents and weather into consideration. it can be a slow process. >> reporter: as the oil continues to wash ashore, officials tell thoughts slick itself is broken up. it will be sometime before they have a chance to get all of this oil corralled, whether on the water or the ground. the report came in yesterday from this area when onshore pipe broke and leaked about two hours. when firefighters arrived because of reports of gasoline smell, they found the oil in the water. and the concentration is not only to clean it up but prevent this from happening again. dave? >> thank you very much. the golden state warriors beating the houston rockets in the playoffs, thanks in large part to one of their stars, stephen curry, scored 34 point. it was during the post game

press conference. >> that it was his teeny little daughter who really scored big. >> it's entertaining, basketball, but it's -- [ laughter ] >> we're supposed to -- >> daddy. >> hold on one second. >> he plays well, and obviously for his team in the third quarter, hopefully we both have a big impact. that's what we're supposed to do. >> keeping babies awake beyond bedtime. >> we have an earnings alert for you. shares of williams-sonoma rising 4% right now after posing better-than-expected quarterly profits and sales. the parent company of west elm and pottery barn said profits for the second quarter will be negatively hit by the west coast port slowdown, but shares like it at the moment. >> we have breaking news, just the last hour of trading, truecar stock hit down almost 7%. dealers in california filing a

lawsuit against the car shop and firm saying the service is acting like a dealer but operating without a license. a spokesman for truecar said the firm has not received a copy of the lawsuit and cannot comment. >> big news from spotify today. the company is expanding ambitions in entertainment by offering video programming and podcasts now. the music streaming service is manning to offer clips from abc, bbc, espn and introducing original content. the company unveiling a new interface meant to serve up content recommendations based on a user's taste and mood. anything else? offering a running service that adapts to listeners' running tempo. an ipo can't be far behind. >> pandora works just fine for me. >> i'm a spotify girl. >> interesting reports that may affect the market behavior.

s&p did not make a record. off by a couple of point. tomorrow at 8:30 a.m., job claims and existing home sales at 10:30 a.m. >> any of that could move the markets, fox business is here for you and your money. >> meanwhile, "the willis report" is next. gerri: hello, everybody. i'm gerri willis. this is a special edition of "the willis report" with a fox business exclusive investigation on the faa's new hiring policy. "trouble in the skies.". a diversity program for america's airports comes into question. >> the faa takes dramatic changes to the way they're hiring our air traffic controllers. this is troubling. >> they threw you away, what do you think of this? >> they don't know what they want. >> reporter: and there's evident of cheating to get crucial aviation jobs. >> there are valuable ps