the field and worked his way up. serving at virtually every level of procter & gamble. nderstands the grand plans are not enough. what matters is the operations that you put in place and getting the job done. bob be an expert in making organizations better. in his career, he's taken over struggling business units. he knows how to roll up his sleeves and gets to work, put agend to what doesn't work, adopting best practices that do, restructuring, introducing innovations, making operations more efficient and eb. in short, he's about delivering better results. he also knows the importance of building what he calls a high performance team, putting the right people in the right jobs, rewarding them when they do well and holding them accountable when they do not. and finally, bob's known for his integrity. he's still guided by that cadet prayer from west point, choose the harder right instead of the easier wrong. he served our country in uniform. he's now prepared to answer the call once more. so let me state the obvious. this is not going to be an easy assignment. bob knows t

i joined the procter & gamble company 34 years ago because of its purpose, which is to improve the livese world's consumers. mr. president, thank you for mentioning my father, deanne's father and uncle. yes, for our family taking care of our veterans is very personal. we need to put care for the veteran at the center of everything that we do at veterans affairs. at procter & gamble we always focus on our customer. at the va, the veteran is our customer and we must focus all day, every day on getting them the benefits and care that they so earned. that's the only reason we're here. i look forward to working with the dedicated men and women of the veterans affairs to accomplish this mission. i'd like to thank my family for supporting me throughout my life. but especially during this next chapter, my wife deanne, my daughter jenny and son-in-law scott and my son rob are all here today. my parents and deanne's mother could not attend here today. but thank you for your love and support. thank you again, mr. president. i look forward to working with you to transform veterans affairs to better

the former ceo of procter & gamble. this robert mcdonald guy picked to lead the v.a., what was his reputation as a ceo? >> i think he's a safe pair of hands. as far as procter & gamble is concerned, this is 120,000 employees across, what, over 180 countries. he managed a very sizeable business. he is a west point graduate which also gives him the military credentials if you like. i think he was with the 82nd airborne, a captain with them. so he has both business experience which perhaps will help sort out some of the v.a.'s problems right now with the bureaucracy around the medical facilities, but he also has that military background which means that those in the v.a. who have served their country will also be able to have a conversation with this gentleman on their level. so i think in many senses, this is about as good as it gets for trying to deal with the mess that the v.a. appears to have become. back to you. >> yeah, jeff, i can't wait. probably three months probably he'll get in, take a look around, then go to con

. >> these are the ges, the procter & gamble and avon and top quality global companies doing a great job in diversity and so many other things as the research would indicate. >> well, we want to thank you very much for joining us. it's a wonderful thing you're doing. thank you. >> up next on the money, a look at the news for the week ahead. if you think you are diversifying by keeping your old 401(k) plan, think again. it could be eating into your savings. >>> go to otm.cnbc.com and follow us on twitter at on the money. on monday, apple shares will begin trading after a 7-1 split on the nasdaq. spacex falcon 9 is scheduled to launch from cape canaveral. soccer fans all around the world will watch the 2014 world cup being held in brazil. and starbucks is hoping customers will dine in their first restaurant which is based in los angeles. on friday we get the producer price index for may. >>> you have a new job recently? you might need a new retirement plan as well. is it a good idea to have multiple retirement savings act from various employers. sharon epperson has answers. >> having se

as you mentioned, he's the former ceo of procter & gamble. we know when the white house was talking about who they were looking to replace the former veterans affairs secretary they weren't sure what to do. there was no short list at the time. would they get a veteran? would they get a ceo with this understanding how to put this organization back together seen seen essentially. in bob macdonald, they get both. he worked for p&g, 33 years, rose to the ranks after serving in the army five years, he's a west point graduate. being a cincinnati native, bob macdonald is highly regarded and revered in cincinnati for his leadership of p&g. again a ceo and veteran to lead the v.a. >> a feeling, then, in the white house because of that, it is likely he is going to be a shoo-in in terms of approval on capitol hill? >> well, it's certainly seems that way based on the statement that the white house put out. i want to read part of that, 33 inform year tenure prepares him well for a huge agency with management challenges in servicing more than 8 million vet

the vha alone is enormous. some 8ts a year and some 25 million consultations. as ceo of procter gamble,cío&b oversaw more than 2,000 employees with operations over the world, selling products in more than 1le 0 countries, more than two million stores, reaching five billion customers. in other words, he knows the key to any successful enterprise is staying focused on the people you're trying to serve. he is renowned for his operational excellence. he started his career out in the field and worked his way up, serving at virtually every level 0 of procter & gamble. he understoods the grand plans are not enough. what matters is the operations you put in place, and getting the job done. bob is an expert in making organizations better. in his career he has taken over struggling business units. he knows how to roll up his sleeves and gets to work. putting an end to what doesn't work, adopting best practices that do, restructures, introducing innovations, making operations more effective inch short, he isps7bj3vv about delig better results. he also knows the importance of bill what he c

he's the former ceo of procter & gamble. we'll tell you a lot more about him, including his republican credentials after the break. you're watching "the daily rundown" on msnbc. the fact is, it comes standard with an engine that's been called the benchmark of its class. really, guys, i thought... it also has more rear legroom than other midsize sedans. and the volkswagen passat has a lower starting price than... much better. vo: hurry in and lease the 2014 passat s for $199 a month. visit vwdealer.com today. don't just visit new york visit tripadvisor new york with millions of reviews, tripadvisor makes any destination better. there was like an eruption on my skin. i had no idea i had shingles. red and puffy and itchy and burning. i'd lift my arm and the pain back here was excruciating. i couldn't lift my arms to drum or to dance. when i was drumming and moving my rib cage and my arms like this it hurt across here. when i went to the doctor and said what's happening to me his first question was "did you have chickenpox?" i di

bob mcdonald, the former ceo of procter & gamble, they've gotten both, he graduated from west point in 1975. he was in the army then for five years, received a medal for his service during that time. then he started at p&g in his 20s. i'm from cincinnati, i know at p&g they hire very young and want people to move through the rangers, and he worked there for 33 years, as you mentioned, tlt at the top and rose to become the ceo. again, bob mcdonald, a veteran, and a ceo, randi. >> erin mcpike, thank you for the update from there. >>> conflicting reports from iraq where the government is claiming success in efforts to retake the critical city of tikrit. state-run tv says iraqi forces pushed isis fighters out of tikrit, hometown of saddam hussein. but a resident who spoke to cnn by phone says there's no iraqi government troops inside the city. troops are nearby. the government released this video of a military convoy cleansing the road between tikrit and sue mara. a cargo plane arrived carrying five russian fighter jets. iraq and russia have cut a deal for delivery of 25 warplanes. let's g

we need to care for the veteran at the center of everything we do of veterans affairs. at procter & gamble, we always focused on our customer. at the v.a., the veteran is our customer and we must all focus all day, every day on getting them the benefits and care that they have so earned. that is the only reason we are here. i look forward to working with the dedicated men and women of veterans affairs to accomplish this mission. thank my family for supporting me throughout my life, especially during this next chapter. my wife, my daughter, my son-in-law, and my son are all here today. s and dn -- and deann's mother cannot be here. thank you, mr. president, i look forward to transferring veterans affairs to better serve our veterans. [applause] >> the chairman of the house veterans committee released a statement saying if confirmed by the senate, robert mcdonald will inherit a department of veterans affairs under a specter of corruption that may well surpass anything in the history of american government. can set way mcdonald the department of for long-term success is the opposite

he was the ceo of procter & gamble from 2009 through 2013. s nomination comes days after president obama received an internal review of the v.a. that described a so-called corrosive culture that resulted in delays in health care. mcdonald still needs senate confirmation. >>> pennsylvania lawmakers are scramble toing get a budget passed today, coming down to the wire. the new fiscal year begins midnight tonight. krogh can seat hours, minutes ticking away on the clock for the budget deadline. lawmakers return to the capital last night for an unusual weekend session. they have to get the $29.1 billion state budget to governor tom corbett's desk by midnight. the governor threatened not to sign a budget until lawmakers pass pension and liquor legislation. >> we are seeing high pension costs killing our school districts across pennsylvania. if you combine that with the pension of the state employees system as you know by 1718, it's a $3.3 billion contribution. it's unsustainable to continue that. >> a preliminary senate committee vote last night set

tomorrow the president will nominate the ceo of procter & gamble to be the next va secretary. a veteran and west point graduate, he replaces eric shinseki. >> kristen welker this evening from the white house, thanks. >>> we turn to the conflict in iraq where government forces continue their offensive today with help from the u.s. to take back at least one city, from sunni insurgents that control a big part of the country right now. number's chief foreign correspondent richard engel is following it all for us from baghdad. hello, richard. >> reporter: good evening, lester. the u.s. is now providing more military advice, and more weapons, but the iraqi government has a major challenge on its hands. there are at least 10,000 fighters from the militant group isis. once again, today, the group proves it has global ambitions. iraqi forces have secured the highways between samarra and baghdad. and roads leading to tikrit. it's the yike iraqi military's first success against the advance. american advisers are also giving the iraqi military intelligence, and tactical advice. and warnin

he started his career out in the field and worked his way up, serving at virtually every level of procterare not enough, what matters is is the operations that you put in place and getting the job done. bob is an expert at making organizations better. in his career he's taken over struggling business units, he knows how to roll up his sleeves and gets to work putting an end to what doesn't work, adopting best practices that do, restructuring, introducing innovations, making operations more efficient and effective. in short, he's about delivering better results. he also knows the importance of building what he calls a high-performance team. putting the right people in the right jobs, rewarding them when they do well and holding them accountable when they do not. and finally, bob's known for his integrity. he's still got it by that cadet prayer from west point -- choose the harder right instead of the easier wrong. he served our country in uniform. he's now prepared to answer the call once more. so let me stated the obvious. this is not going to be an easy assignment. bob knows that but lik

mcdonald graduated in the top 2% of his class at west point and served as ceo of corporate giant procter & gamble. house speaker john boehner issued a statement calling mcdonald a good man and saying, quote, he's the kind of person who's capable of implementing the kind of dramatic systemic change badly needed and long overdue at the v. archga. paul rieckhoff called it surprising. he said he'll have to move quickly to show he is committed to and understands the generation of veterans. >>> this is the final day. the supreme court on its last scheduled day is expected to make several major rulings. one involves birth control coverage under the affordable care act. hobby lobby and other businesses claim they could not or should not have to cover contraception as part of their health care plan. a second major ruling involves labor unions. justices could decide today whether unions can collect dues from all private or public employees they are hired to represent. >>> also today, president obama plans to ask congress for more than $2 billion in emergency funds to deal with the significant rise

he's the former ceo of procter & gamble. he's replace eric shinseki. >>> the suspected ring leader of the benghazi attack did not provide reasonable intelligence on a ship coming to the u.s. he and other top republicans are questioning khatallah in court. it presented them from getting information they need in the 2012 attack that killed ambassador chris stephens. here is what they said on state of the union. >> if he doesn't give us anything, we are spent a lot of money and not gained anything valuable. >> khatallah has pleaded not guilty. he's an enemy combatant and should face the military try bual. >>> two american tourists will be on trial for hostile acts against the government. the state news agencies said they are preparing to bring the two men to court at the same time north korea is making a peace overture promising military activities with south korea that will end on july 4th. there are conditions. among them, not conduct joint military drills with the u.s. not likely, i think. >>> a marine corporal accused of des

a white house official says tomorrow president obama will nominate bob mcdonald, the former ceo of procter & gamble to be the next va secretary, a veteran and west point graduate. he replaces eric shinseki. >> kristen welker, thanks. >>> government forces continue their offensive today in iraq with help from the u.s. to take back at least one city from sunni insurgents that control a big partst country right now. nbc's chief foreign correspondent is following it all from baghdad. hello, richard. >> reporter: good evening, lester. the u.s. is now providing more military advice and more weapons. but it racky government has a major challenge on its hands. there rat least 10,000 figer fi from the militant group and they proved they have global ambitions. iraqi forces have secured the highway between somara and baghdad. and roads leading to tikrit. it's the iraqi military's first achievement against the militants in weeks. the advance helped by a new u.s. shipment of hellfire missiles. american advisors are also giving the iraqi military intelligence and tactical advice. and warnings, too. caut

one of the conductors had to go hospital due to. head to former ceo of proctermble will leave. the va in phoeni the president is asking for more than 2 billion of dollars.. bay area city officials are trying to find a better response for active sugar crises--shooter. this trail should sharpen their skills in active situations. coming up this is a sign it could be in for grot sell, but it is been here for a while. we're going to approach the 100 degree mark the second man fast. we're going to approach the 100 degree mark the second man fast. expect the meeting might still be active in the next 20 been its. in many wouldn't leave after being fired. and now appears she is hiding in her car. and and stratton was hired as in manning and was later asked to leave. however mcphee's not step been stating it is a civil matter not a legal matter. following whether to run the matte[ male announcer ]er. type 2 diabetes affects millions of us. and for many, it's a struggle to keep your a1c down. so imagine -- what if there was a new class of medicine that works differently to

the first, president obama has picked a new head of the struggling va. former procter & gamble ceo robert mcdonald will be the next secretary of veterans affairs. he is 61 years old, he's a 1975 west point graduate. the va has been without a permanent leader since the reservation of former secretary eric shenk sheikh on the 30th. they do need senates approval. the second piece of news the white house also tomorrow will ask more than $2 billion to handle a surge of illegal immigrants. more than 50,000 children without parents have been stopped by u.s. agents in the past nine months. for now, they're being housed in overflowing shelters. the question is how to return them. mark albert has more on that. >> the sudden influx on children has left them scrambling for options from college campus in virginia to an empty wal-mart in new york. republican congressman michael mccaul said the numbers, unprecedented. >> it's a crises like nothing i've ever seen before at the border. we have refugee camps and my and your home state of texas. it's a very serious concern. i don't think

the one-time procter & gamble ceo has a military background. he's a west point graduate and a former military officer. if confirmed, he'll succeed eric shinseki who stepped down over the alleged treatment delays and cover-ups that may have followed. drew griffin is here now to give us a sense of his reaction to mcdonald's appointment. this is a difficult mountain to climb to whoever would fill this job. do you think mcdonald could be the man to clean up the mess? >> he certainly has the business chops to step in and take charge of what is essentially a huge service-related organization. the question is, i'm seeing from both politics and some of the service organizations like the american legion, is will this guy, who obviously is being put to the test because of his business career, will he have the same kind of power that he had running procter & gamble in rubbing the va? specifically, can he fire and hire whomover he wishes and make this a very, very quick turnaround at the va to change what now just about everybody concedes is a systemic fail

>> why him is probably the big question. he ran procter & gamble for three years at ceo in the pick of a 61-year-old's ex-ceo is telling. officially it's run by a retired general or someone from the medical world for years mcdonald build a company product you have around the house. he's clearly being brought in to clean house. they were. a white house report on friday said the v.a. had, quote, a corrosive culture, a white house official today touted mcdonald's military back ground, mixed with business experience as, quote, the perfect person to lead the department of veteran affairs during this important time, end quote. mcdonnell went to westpoint, serving as a captain in the 82nd airborne, and an official calling him one of our most accomplished business leaders and managers. he did run p & g for three years, but it would be impossible to call his short tenure at the hell a glowing success. had left after heavy criticism from a major investor for sending too much time on other corporate boards and his reorganization and budget cuts did n

and i guess what the president is saying, who is better than that than a guy who ran procter & gamble. >> it points to where the president's head is on this if you will. just received a report from rob neighbors and one of the most damning lines in this report on friday was that the department is described as having a corrosive management culture and lack of responsiveness and in ability to effectively management or communicate at the agency. at the very least, that'sly what your reporting has shown. do you think the management problem is the first issue he's got to take on? >> absolutely. when general shinseki resigned, kate, what he said at his speech the morning before he resigned is basically he was lied to by his management team. that they were lying to him. he was not getting the full truth how serious it was. all we are hearing it's worse than we expected. now the president has inside information from his own deputies saying, listen, boss, this is really a bad situation. so you have to get somebody, i feel, from the outside who has no allegiance to anyone at the department of v

the cross-hairs. of that group, procter & gamble is the most exposed to the chinese consumer slow down with 8% of total sales coming from china. it's followed by anheuser busch at 7% and coke cola. general mills, pepsico and the hershey company all get 2% of total sales from china. it may not sound like much, but in a world where growth is hard to come by, that could hurt the overall numbers and performance. at least in the short term. longer term, the outlook still looks bright. >> if you looked at the most recent cpi report for may, for example, the cost of getting the plumber to come into your home in china is going up 7.3% in year ago terms. so that's a considerable rate of increase in wages for middle-skilled workers in china. and that should was through into higher consumer spending for mass market goods. >> reporter: china is the world's second largest economy, and its consumer considered the holy grail for businesses around the world. that's why they have been pouring in recent years into the country with the hope of fast growth and big spending. but for now, it could prove to be a headache, an

president obama set to nominate the former procter & gamble ceo tomorrow as veterans affairs secretary. the va department is reeling from a huge scandal over mismanaged and sometimes deadly wait times for veterans seeking medical help. mcdonald graduated from west point in the top 2% of his class. her isser offed five years as a u.s. army captain. >>> question number two could the grieving mother of a toddler left in a hot car face charges as well? lee anna harris defended her jailed husband at yesterday's funeral for for their 22-month-old son. the little boy died after his father left him in a sweltering car for seven hours. both the mother and father have told police they did internet searches on child death in hot cars. the father has pleaded not guilty to felony murder and second-degree child cruelty charges. >>> question number three, what is a cal fate and why are we using that word when talking about the crisis in iraq in the extremist group rampaging all over iraq, taking control of cities and towns used that word today, saying they are now in charge of a huge chunk of iraq an

these are the ges, the procter & gambles, the high quality -- >> the simple math, when you say i wantes that have the natural diversity, men, women, gay, straight, would be rising to the top. that common sense kind of investing says thoser the companies i want to go with. second of all, you and i talked about this, there are partners among women making seven figures, but yet, all of these companies say, where do i go from here? they weren't trained and brought up, as far as we're in the workforce now. but not necessarily kind of up to speed in some of the investing maybe 30 or 40 years ago men have been. so, to me, this is a natural place. i think it's going to be a home run. >> well, look i stared past this in my time at may rose. >> you've had quite a career. >> that's another story, mika. 15% of women in recent research says the financial services industry serves them well. and because it's complexity, it's all of these things. but what women are telling us is, you know, i want to invest my values. this is a different way of thinking. absolutely, i want a fair return but i want thi

. >> for some the head of procter & gamble seems an unorthodox pick to head the department of veteran'sairs. the 61-year-old does have a military background. >> i went to west point to be an officer in the army to try to help free people living in non-free societies. i became an infantry officer because i wanted to be on the front line in leading that change. >> after earning an mba at the university of utah he joined p&g in 1980. he steadily made his way up the corporate ladder to the top in 2008. >> now we'll have a chance to introduce our new chief executive -- >> but he abruptly resigned in 2013. investors were afraid he was not doing enough to boost the company's performance. the net income has dropped 20%. bill ackman who had a 1% stake in the company lead the charge to oust mcdonald, making his case on cnn last year. >> we have had real concerns about the leadership of the company. >> as for the prospect of mcdonald heading up the embattled veteran's affair department, there is some concern that he lacks turn around experience, and that p&g's main focus is completely different fr

president obama will name the former ceo of proctoring campbell -- procter & gamble the head. he's been five years in the army. if confirmed, he would replace eric shinseki who resigned over failures of medical -- you remember what people are talking about allegations that records were forged to cover up the legs. the da services more than 8 million vets the year. the white house on friday says there was a corrosive culture, lack of accountability and they're hoping by bringing in a professional manager that he can change all of that. >> it will be interesting to see. it is a huge task. >> he is 61 years old, spent four years at png. during that time, stock prices rose 51%. >> interesting, to say the least. there it is. what else do we have? >> iraq. the al qaeda breakaway group ruling really everything in the area has to cleared an islamic state in areas that he controls, not just iraq and syria. >> the maps on this from aleppo than east toward kurdistan, moving targets and there's guessing about jets, the u.s. has jets, russia has jets. >> iraqi government of baghdad says f-

it white house correspondent for cbs news tweets that the former procter & gamble executive robert mcdonald is a west point graduate, a former army captain, and highly regarded corporate executives whose management skills are much needed at the v.a.. tweet toof fox news the top democrat on the house is commenting on the nomination for the v.a. secretary, saying no one person is going to solve all of the v.a.'s problems. president obama will be making this announcement today at 4, 30 p.m. houston time at the v.a. headquarters. you can see -- you can hear it live right here on c-span radio. those are some of the latest headlines. years,over 30 five c-span brings public affairs events from washington directly to you, putting you in the room at congressional hearings, white house events, briefings, conferences, and offering complete coverage of the u.s. house, all as a public service of private industry. we are c-span, created by the cable tv industry 35 years ago and brought to you as a public service by your local table or satellite provider. watch as in hd, like us on facebook, and follow us

both companies believe th c u toreating from co the aim is to reduce the t prodti cars, ford began working with heinz, coca-cola and procter & gamble to speed up the production of plant based plastics. materials could be made from coconuts, dandelion roots and even trees. >> fascinating. thanks. >> it is. >>> it is another muggy morning this morning. high humidity in some areas of fog we're seeing fog along the jersey shore. 's fro cap thfog wi tds tracking youficsaf tfficle. ng to you, bill ue atewit'shu i 3. as far as the majors go around deal aidousatt area we're notg w the west kensington neighborhoo. >> reporter: the s.w.a.t. team . we'lavetls coming up te mo yenews tomorrow y solid. wen ofn, that das by train. dae torrsx tso de x. >>> nbc 10 is tracking this breaking news. live on the scene of a police standoff in west kensington. a man is barricaded in a home there, armed with two guns. >> it is a first-hand lesson about the dangers of drugs, a child brings heroin to school. new this morning her mother is charged. >> and another day where you'll want the umbrella as you head out the door. look at this line of shower

. >>> and president barack obama chose the head of procter as& gamb gamble. and he is a west point graduate and he is trying to fix the department reeling from cover-ups and long waits at hospitals. >>> and oscar pistorius, they ruled that the olympian is fit to stand trial. and they ruled that he was not suffering from a mental illness when he shot and killed his girlfriend, reeva steenkamp. >>> and "the buzz" next. and getting a lifetime award, but nothing on that on twitter, it has to do with a misspelling of his baand frustrating. e tough. but now, there's a better way. introducing the first-ever raid defense system. it attacks the bugs you see. controls the bugs you don't see... and prevents... by keeping bugs out. the raid defense system... get the answers. beat the bugs. raid. kills bugs dead. scjohnson. a family company. >> time for "the buzz." in her song she asks who runs the world, well apparently it's beyonce herself. forbes celebrity list out, and tops the celebrities. and using the system combining earnings, social media reached followed by lebro

>> the second announcement is coming later today, bob mcdonald, the former ceo of procter & gamble, setver if confirmed as the head of that troubled department. a lot of challenges in front of him, this is someone sort of surprise to be in the business community, spending a minimum amount of time in the army, but he is the president tick. >> another market check is coming up. ♪ top oftom line, at the the hour, that does it for this edition on bloomberg television. i am mark crumpton. thank you for joining us. i will see you tomorrow. "on the markets" is next with breaking news. indeed, we have breaking news on general motors, adding to it already sizable recall this year . remember, they have already recalled 20 million cars in north america. there will be 8.5 million more recalled today. the company saying that they are , eightf seven crashes injuries, and three fatalities among the vehicles being recalled today. the malibu is 97 to 2005, the caddie is 2012 two 2014. they just resumed trading and it looks like they are trading lower as these issues continue to mount. broadening it out,

president obama will name bob mcdonald, the west point graduate and former ceo of procter and gamble,r the department of veterans affairs. the u.s. is reportedly rushing 75 hellfire missiles to iraq to help iraqi government troops try to recapture tikrit. >>> israel's iron dome missile defense system reportedly intercepted two rockets launched from the gaza strip today. israel retaliated with an air strike that killed one palestinian. in nigeria, islamic extremists are suspected in attacks that left dozens dead. churchgoers were among the targets. >>> an organization of central bankers is warning of an asset bubble citing a disconnect between rising markets and disappointing global growth. between rising markets and disappointing global growth. >>> thanks for joining us. -- captions by vitac -- www.vitac.com >t >v>>> "pbs newsh made possibmade possiblemr colemancolemans, joyc cocp wallep wallecwalleck famil phill phillip milstephillipd pand irene schwartz, the c foundatiop foundatiofounda corporacorporate funding foundatiop foundatiofounda corporacorporate fundin is proy mutup mutual

the veterans affairs department. he is bob mc-donald, a west point graduate and former c-e-o of procter and gamble. if the senate confirms mc- donald's appointment, he'll face the challenge of reforming the veterans administration. some v-a hospitals were found to be keeping secret waiting lists, and delaying patient care for weeks or months. bob mc-donald would succeed eric shinseki, who resigned last month. president obama plans to ask congress today to approve two billion dollars in emergency funding for security along the country's mexican border. it's in response to the thousands of unaccompanied children entering america illegally. the money would be used to tighten border enforcement, and return the new arrivals to their home countries. more than 52-thousand children have been caught at the border since october. more speed cameras will start issuing tickets, instead of just warnings. cameras near streeterville park, in the 400 block of north columbus drive, are issuing speeding tickets *tomorrow . drivers will be ticketed if they are caught going ten or more miles over the speed limit. meanwh

it's also home to pretty fantastic companies, like unilever with the boundiful dividend and amazing emerging market exposure, one that procter gamble would kill for. this is the kind of stock you buy into weakness and hang on to for the long haul, long after the world cup is over. will in texas, will? >> caller: a boo-yah to you, cramer from houston. >> i like that, man, houston a lot of good companies there. >> caller: yes, with the japanese nikkei down more than 8%, do you see any up side in ewj? >> i don't want to go there. i've kind of become chastised about some of these foreign markets, because i think our market is so good. unless there's a couple companies that represent the promise, i would rather select united states and european companies that i think can do well. there's the world cup and perhaps more importantly there's cramer's cup. both are amazing to watch. only one can make you "mad money." unilever, i would even say it's the netherlands mvp. considers its weakness, hold on. you know what? much more "mad money" ahead. you know covidien was the big buyout winner for merger monday. stick around. i'm going to g

. >>> also, today, president obama nominates this man to be the next veterans affairs secretary. he wants former procter & gamble ceo robert mcdonald to help clean up the troubled agency. mcdonald is a west point grad. also served as captain in the army. the va is under fire for long wait times in hospitals across the country. >> your time 5:09b to get more expensive if you are caught using your phone behind the wheel. find out why when we come back. >> also, a terrible tragedy, we're learning new information about the little girl crushed by a metal gate at a water ice storm -- store. >> also, back to work today for rob ford, the big change people will notice when toronto's mayor returns from rehab. carol? >> and, we are looking at some hot weather coming up. we will be dealing with the hot weather, after all, it is oh hey there! (laughs) hmm. you're that grumpy cat. well i know! how about some honey nut cheerios? humans love them. moms, dads, kids-well, all of 'em. not even a smile? huh... maybe someone should tell your face. ohhh that is your face. (angry cat purr) ah! part of a good breakfast... for

the dow. they're still down 3% year to date. number two is procter & gamble, the consumer products giant and there's a concern here that perhaps some staples stocks may not be doing so well. number one is an interesting one here. you don't often think about it as one of the best performers, verizon -- again i'm sorry i lost track. number two is verizon. number one, and this is the one i really want to get to, because it tells an interesting story. cisco systems, a stock you don't think about as leading the dow higher, one of the best performers, up about 15% just over the last three ponce. gin these a stock that's been doing great. the question becomes whether or not it can continue the next leg higher. remember, the only run is that with cisco, microsoft, intel, they're lower priced stocks. even if they don't great, they don't have an much of an impact on the overall index. >> dom, thank you. >>> how should you play those seven stocks? kristina hooper is at alliance. >> if you look at each of the individual names, i think what's going on here for a

the u.s. army for five years. and he has a credible story to tell in terms of his management record at procter & gamble. he started at the country -- company as as an entry-level employee and then rose to be the ceo. that demonstrates a lot of character and tenacity, and those we to things -- those will be two things required of the next secretary of the department of veterans affairs. one last thing, while he was at procter & gamble, doctoring ample was -- procter & gamble was widely credited with success in mentoring leaders at the middle management level. and having the kind of management style that inspires other people in the organization with leadership skills is something that is based on the problems that have been unearthed at the v.a., that will be critical to their success as well. >> someone who can go in and clean house? >> someone who has a lot of experience and has enjoyed a lot of success in managing a large company. the v.a. is a large organization that is performing very important work. there are some important changes that need to be made to ensure that important work is actually getti

the organization. gerri: a couple points, 61-year-old, westpoint graduate, in u.s. marine corp, and procter & gamble for 33 years. the job is staggeringly difficult. and i am curious about, is whether one person is make all of the changes needed. do you need more than just this top guy? >> absolutely, he was an army veteran graduating from westpoint, he will be able to manage this i want to find out, does he want the ability to fire the economists -- executives, if he can't he will be like secretary kin -- sinc ken he hae willing to fire those who createed this culture of corruption, and bring in new blood. they have to be willing to change, if they are not willing to change he will be another butt in the seat as we would say in military. gerri: thank you, jessy, tight on time, it has been a pleasure. >> thank you. gerri: next are interests credit card rates about to go up? and 4th of july is a dangerous time for pets, important in foe how to protect your pet. coming up. she's still the one for you. and cialis for daily use helps you be ready anytime the moment is right. cialis is also the

in a statement, human rights watch welcomed the new stance, but added -- the obama administration has tapped a former procter& gamble executive to head the embattled department of veterans affairs. would replaceald eric shinseki, who was forced to resign earlier this month following outrage over the cover-up of lengthy delays at the a facilities. the city of chicago has announced the firing of over staffeachers and support a public schools. it is the fourth time in the last five years the chicago has freed over 1000 people. in a statement, chicago teachers union president karen lewis accused the mayor of waging "war on educators." indigenous groups have led a gathering of hundreds of people in western canadian province of alberta for the annual tar sands healing walk. participant staged a march and healing ceremony this weekend to mark the damage of tar sands oil mining on the land and local amenities. the indigenous let's are money was in its fifth and final year. civil rights activists traveled to mississippi to register african-american voters half a century ago reunited to mark the 50th anniversary of fr

president obama nominating the former ceo of procter & gamble to be the next secretary of veterans affairsva is embroiled in a scandal right now over long waits for medical care that resulted in possibly dozens of deaths a story first reported by cnn. the president introduced bob mcdonald just about an hour ago. >> bob is an expert in making organizations better. in his career, he's taken over struggling business units. he knows how to roll up his sleeves and gets to work but thing an end to what doesn't work, adopting best practices that do, restructuring, introducing innovations, making operations more efficient and effective. in short. >> can mcdonald get those results? senior washington correspondent joe johns is here to try and help us out with that. >> the white house is billing this former ceo bob mcdonald as a transformational leader to guide the scandal ridden department through some of its worst times. he's been picked to hold a job that used to be reserved for top military brass. >> the man who once made big bucks selling tide laundry detergent and crest toothpaste was a surpris

. >>> and president obama is nominating the former ceo of procter & gamble to be the next secretary ofhe department of veterans affairs department. and robert mcdonald is a west point grad. and they may have lost confidence in him last year. >>> and to the crisis in iraq. radical sunni militants have now declared their own islamic state, erasing the border between iraq and syria. but with the help of u.s. intelligence, the iraqi army is making its first measurable gains in the conflict, as the battle to recapture tikrit continues. >>> meanwhile, back in this country, police in north carolina are searching for the car captured in this video. look at that video. speeding down the highway with a man hanging on to the trunk, yelling at the woman behind the wheel. you see that? she was driving 55 miles an hour with a child in the car seat. now the man broke the back of the window, climbed inside, and police believe the two knew each other. by the time the officers arrived at the area, the car was gone. but that's not a picture you'll soon forget. >>> and finally, do you remember your first

also today, the president will nominate bob mcdonald, a former ceo of procter & gamble. if confirmed by the senate, mcdonald will be tasked will leading the department blamed for treatment delays and coverups. mcdonald would replace eric shinseki who resigned last month. >>> it looks thousands of people may have taken part in an experiment by facebook without realizing it. for one week in 2012, facebook put upbeat posts on some of the user' feeds and negative posts on others. it was part of a psychological study facebook did with researchers at cornell university and uc san francisco. the people who received bad news mosted more negative posts. while those who read good news responded positive. there's no indication that people were asked if they would like to take part in the study. >>> the search is on for a suspected drunk driver in san francisco following a hit-and- run crash. in just 201 minutes a look at the damage splice police say the driver caused at a well- known store. >>> it was a chaotic end to pride celebrations in san francisco. the incident that sent peopl

the consumer society. >> regrettably. we did not in our procter & gamble ad until 1985. it was not for lack of trying, it was just because you cannot convince them that black women bought their products. that is the struggle, the fight we had to continue. the beauty industry was another industry we had to overcome to make sure that they knew that black women used their products. it was a continuing struggle all these years for us to convince the marketer that this is a market that you need to be a part of. >> what is the struggle right now? the biggest challenge in terms of accurate american -- in terms of african-american and black owned businesses? >> there's a sense of purpose, but we have a changed world. particularly in the area of print a miss and i sold the company in 2005. one has to be keenly aware of making choices that you know your customer, making sure that you understand the appreciation of cash is king, queen, jack, and everything else. and try to hire the smartest people you can find, and stay out of their way. listen to people. >> thank you for being here

mcdonald graduated in the top 2% of his class at west point and served as ceo of corporate giant procter & gamble. john boehner issued a statement calling mcdonald a good man and saying, quote, he's the kind of person who is capable of implementing the kind of dramatic systemic change badly needed and long overdue at the v.a. the chief executive of iraq and afghanistan veterans of america called the pick surprising. he said mcdonald will have to move quickly to show he is committed to and understands the post-9/11 generation of veterans. >>> this is the file day of the supreme court on the last scheduled day that they're expected to make several rulings today. one involves coverage under the affordable care act. hobby lobby has a claim that they shouldn't haveco cover contraception as part of their health care plan. a major ruling involves labor unions. justices could decide whether unions -- >>> today president obama plans to ask congress as well for more than $2 billion in emergency funds. to deal with the significant rise in people flooding across the u.s. border with mexico including

announcing it will alter the amount it will pay the victims in that pavements will start at $1 million per victim and obama formally nominating a procter and gamble ceo to take over as the next federal is a fair secretary graduating from west point served in the army for five years that rose to the rank of captain but the nomination is still on orthodox because the job of the v.a. secretary has been filled by medical professionals are retired generals over the most recent years. we will be right back. stay with us. lou: isil no more now to be known as the islamic state christopher hill joins us next. ♪ [ female announcer ] we love our smartphones. and now telcos using hp big data solutions are feeling the love, too. by offering things like on-the-spot data upgrades -- an idea that reduced overcharge complaints by 98%. no matter how fast your business needs to adapt, if hp big data solutions can keep wireless customers smiling, imagine what they can do for yours. make it matter. imagine what they can do for yours. the numbers are impressive.y to new york state. over 400,000 new private sector jobs... making new york state number two in

you know, their ad sales people are there trying to sell ads to procter & gambles and the coca-colas that. so there's lots of activity going on, business. pinterest has a suite that they're bringing in executives. i mean, i think it's an area for cmos and lots of businesses including the internet business meet and have a good time. and it's in the south of france. so it is a bit of a boondoggle in that regard. >> so kara, i know you saw this "new york times" piece on apple and tim cook. what did you think? interesting that apple seems to be rolling out johnny ive now, bono quoted on apple's strategy? >> yep. >> what did you take away from it? anything new or interesting about the way apple's trying to craft things? >> no, i thought it was an interesting piece. it didn't have a lot of news in it. i don't know if you thought that. but i thought it didn't have a lot of news. but they're trying to move tim into the center of the action a little more. but in a more inclusive way, the way they just announced all those things in bringing developers closer in. so what you're seeing is a litt

the va. today he is expected to name former procter & gamble ceo robert mcdonnell as veterans affair secretary. he is 61 and a west point graduate. he will replace eric shinseki who resigned. he must still get senate confirmation. >>> hot day today, triple digits a possibility toward the afternoon. still you will find a cool sea breeze along the coastline maybe a couple of patches of fog there. out the door we go. even at the beaches clear skies. this afternoon, temperatures moving well into the 60s even along the coastline. you will find 70s and 80s even a couple low 90s toward the santa clara valley. triple digits in the interior valleys. slow cooling after today. temperatures out the door very mild. already 67 degrees in livermore. 62 concord. a cool 57 degrees in santa rosa. this afternoon here we go about 100 in livermore, 99 in fairfield, 97 in concord. about 92 in san jose. a very pleasant 76 and nice little sea breeze in san francisco. all right. let's check on the roads now with elizabeth. >>> whenever your map turns pink, that's when you know it's hot! thank you, lawrence. outside we