advocate whatlso we call order for to as simplified notice. to communicatees with consumers how their information -- what information is being collected, how it is being used so that consumers have control over their personal information. the third major principle is the idea of transparency. a lot of what is happening happens in the background, happens in the black box and consumers may not necessarily be aware of the extent of the collection of information. from our perspective, that creates an issue and we would like to have companies be more open about what their privacy practices are. --turning our conversation 20 our camp -- our conversation is lynn stanton. could talk about the three principles. when we talk about privacy by design, a lot of these apps, the designers take off the shelf pieces of software and they may not be so aware of all the things that software is collecting. what kind of responsibilities do they have and of the ftc have the kind of tools it needs to control a system like that where there are so many pieces involved

whatlso have to factor in happened this morning. south korea confirming that the north did fire two short range missiles. those are the only details we have at the moment. we see an energy prices up. so we see an uptick for brent. point when these oil prices continue to uptick. it will get to a point where people will start thinking about inflation. perhaps what it could mean for growth ahead. for gold, one point three percent, we are now at $1343. a $150 gain so far. north korea, when that happens, we usually get an uptick along the south korean defense plays. naver corp, two percent down after gains last week. i will be back later on. john, back to you. j.crewican fashion has -- has friends in very hype very high places. and may have a new owner. >> that is the country trading in the japanese trading session. they may acquire j.crew for a deal valued at the $5 billion. really looking to make inroads in the u.s. unwilling to grow and expand overseas. they want to be the world's largest clothing retailer. so they are betting on scoo