cheg bought for 30 million and pierson snapped up one and gram holdings is pushing more of the test prep tutoring business online. meanwhile, startups from varsity tutors tech platforms for finding in person tutors to revolutions online offerings are growing fast by offering the power of a personal connection. >> one to two hours per week of private tutoring on top of that can make a dramatic difference if a student being a 3.0 student to 4.0 student. it's a great roi. >> reporter: investors see the potential for technology to disrupt education. they poured over $420 million into 53 education startups in the first half of the year on track to set a record for the second tore. i'm julia boorstin. >>> a lot of those students may look to get a tablet this school year and lots to choose from. that's why idc cut in half the outlook on global tablet sales growth this year to 6.5% siting soft demand in europe and here in the u.s. >>> apple is reportedly working on a system that could change the way you pay for everything from coffee to shoes and that's where we begin tonight's market focus. the

hampton pierson, cnbc.nks. >>> pennsylvania state police are warning about a phone scam where the calling claims to work for peco. i woman got a call from a man claiming that peco would shut off her power unless she paid within the hour. if you get a similar call, contact peco to verify the information. >>> now your nbc 10 first alert weather. >> storms and humidity return. i'll have your full seven-day forecast coming up. jillian? >>> good morning, britteny. traffic moving along just fine on 95. this is a live look in the midst of that construction zone. no delays, no accidents to report on 95. comingç up, new information to pass along from septa. >>> she's accused of kidnapping a 5-year-old philadelphia girl taking her right out of her school. >> the case made national headlines. nbc 10's jesse gary is live in center city right now to explain what's happening today. jesse? >> reporter: jury selection begins in the case of christina regusters. coming up, katy zachry, i will push to you because you're talk

hampton pierson is live at cnbc's washington bureau with a look at the stories, good morning. >> hi laura, markets futures are higher as the markets come off a second straight week of change. oil prices closing down for the fourth straight week and trading below 97 miles this morning. existing home seams, and kplur prices. as well as the federal reserve meeting along with a key speech by fed chair janet yellen on friday. stocks were mixed on friday, the dow losing 50 points. the close at 16662. nasdaq closing at 4464. tesla is boosting warranty coverage on its model s sedan. consumer reports highlighted problems with the car. tesla is extending the warnty to eight years and quote infinite miles. matching coverage on the battery pack. it's ri tro active for those produced since twelve. lack to you. >> thanks so much. >>> today is one of the days where you species a bit of legitimate -- experience a bit of jitters because it is the first day of school. mrs. christina now. >> the mrs. who can still appreciate recess. recess kids, when you're getting outdoors today. it's going to be comfortab

carl pierson was allowed to return to class in september. in mid december he walked into arapahoe high school with a shotgun, killed one student before taking his own life. the debate coach that was his intend target escaped the school. >>> it's double the size of texas and growing. more on what's being called the great pacific garbage patch. >>> as the controversy continues to surround the jersey jam bridge scandal, we learn how much garden state taxpayers are on the hook for governor christie to defend himself. >>> i'm tracking showers on this sunday plus the return of humidity and heat. i'll let you know what to expect as you head back to work and rest of your weekend, coming up. well, not that kind of fresh. on the freshness of our chicken. but i can guarantee the freshness of our chicken because we go beyond what the usda requires... with extra inspections in american family owned farms, refrigerated trucks that deliver daily and everywhere in between. that's what it takes to bring your family a fresh tasting chicken. perdue. we believe

. >>> for a look at the markets and the news before the bell, we turn to hampton pierson live at thehington d. krmt, bureau, good morning, hampton. >> good morning, sam. we're going to start with the futures. they are in fact higher after stocks rallied on monday with the nasdaq closing at a 14 year high. investors reacting to uneasing in geopolitical tensions, and a report also showing u.s. home builders are more confident at the state of housing. we do get more data today on housing as well as consumer price inflation and earnings from home depot. the dow on monday rising 175 points to close 17838, the nasdaq up 43 points to that 14 year record cloefs 4508. meanwhile the pricing war is heating up in the wireless world. sprint unleashing a pricing plan and saying good-bye or it its foremanly or friends and family plan. they are offering customers up to 20 gigabytes of data and ten lines for 100 dollars and offering data offering. they are betting the new prices will revive the company which has been hampered by an expensive network overhaul and rising competition. early look at busi

>> i'm going to call on representative pierson. >> what about the media? >> listen, listen -- >> answer the question. >> no, excuse me. excuse me, if you would. excuse me. >> why can't these officers be in front of all these entrances and instead of putting the curfew on these people put officers in front of us. >> that's not going to work. >> stop, stop, stop, stop, stop. that is not going to work. >> slide to the right. slide to the right. >> we got to get a legitimate answer to the question. >> no, no, hush. let me tell you this. >> go ahead. go ahead. >> let me explain. >> quickly. >> putting police officers in front of those businesses -- listen, just listen. put officers in front of the buildings where all of the demonstrators are, the demonstrators are going to converge on the officers. the officers are going to take a posture against the demonstrators and then we're going to have a big row. the issue is we can control the security situation ourselves. i'm going to ask for an extension of the curfew, but within the zone we have enough manpower to le

hampton pierson joins us live at cnbc washington bureau with a look at that story plus your market headlines, good morning. >> reporter: hey, sam, yeah, futures are higher as the markets are coming off a second straight week of gains. led by tech and transport stocks, oil prices closed down for the fourth straight week. and they're trading below $97 a barrel this morning. we do get data later today on housing and reports later this week on housing starts, existing home sales and consumer prices. as well as the mibs from the last federal reserve meeting and key speech by janet yellen on friday. dow losing 50 points, at nasdaq up 11 to close at 4464. target is going to be keeping a lights on later at many of its stores. hoping to snag customers who put off shopping until well after dark. target is typically open from 8:00 a.m. to 10:00. reports say stores will say open to 11:00 or midnight. the new hours will start this month and run through the holidays. target is cutting prices to try and woo back shoppers after a series of missteps including that massive data breach last year. news you can

. >>> for a quick check of the markets, let's check in with havrpson pierson at cnbc's washington bureau, hampton, good morning. >> reporter: >> how you doing, yeah sam, start first with the futurer, they are higher after stocks rallied on monday. nasdaq at a 14 year high. investors reacting to an easy in geopolitical tensions, oils falling to the lowest levels in year. u.s. home builders are more confident in the state of the housing market. now we do get more data later today on housing, as well as consumer price inflation and earnings from home depot. the dow on monday rising 175 points to close at 16838. the nasdaq up 43 closing at 4508. back to you, have a great day everybody. >> hampton, thank you very much. you too. >>> the question is has anyone ever miss tacken an onion story for a real story? >> that'd be hard to do. >> they are good times. >> caution on that one. no caution for the forecast which is looking good. but is it a little bit foggy to start? >> yeah, people who are gullible, they have big dreams, that's what i say. they are still dreamers. yeah, you know, it's nice t

greatest black revolutionary socialist in the early part of the 20th-century was a brother named herbert pierson, founder of local five socialist party. the most popular lecturer in the city of new york and was very close. and it was reading thomas paine that turned him into not simply a revolutionary but also an agnostic. now, paine was not an agnostic. he was a deist. but when he came off the boat and chemistry to harm, and when he died there were just seven folks there. an unmarked grave to this day. hubert harrison, historical and nation. everyone knows about poker to washington. god bless the negro. white money, white elite money against the unions, against precious immigrants coming in, deeply pro capitalist. everyone knows prakriti washington. what about hubert harrison? we could go on. that is why another powerful combine a magnificent force. who knows about the great victorian garden? we need to know more. but when times reach a point where the truth pastor in merger going to be so hungry for these voices. we will be needing of their courageous example. because at that point you are eit

he had the right to speak and i want to thank personally representative, reverend, friend, tommy piersonhe lord's house, and i would ask if you'd like to make any comments before -- we'll take questions. we'll be glad to take questions. >> thank you, governor. and all of the elected officials and the law enforcement officers who are here. the greater st. mark church is just that, we are a family. and we view this community as our family. so we wanted our place to be open to anyone who wanted to come here and have their peace and have their say. we've not restricted anyone from coming here. and i want to thank the governor for coming here today. we're in this community, and we want to do our part to make it a great community. we, like everybody else, want to see justice in this case. and i believe with the people that have been sent here from d.c. and other places, we will seek justice. and in the words of amos as i step to the side, let justice roll down like waters. and righteousness like a mighty stream. god bless you and god keep you is our prayer. >> one more and then we'll take ques

many people disagree including mike pierson, the ceo of vali t valiant. another deal as a key part of the strategy. >> right. >> as for whether they succeed in the transaction, of course, back to the stock price sitting at $107 a share, pressured significantly over time, certainly after the guidance they gave from the last earnings report, a lot of questions also raised, continue to be raised by allergan, and a lot of ink spilled on this. 108, what do you do? the fact is that stock actually goes up every time, looks more likely they'll succeed and goes down less likely, many argue if they were to walk away, goes down a lot more. >> $8 in earnings power. what the -- well, also -- >> by the way, right? trading at a low multiple. >> yeah. >> a low multiple. the deal now on the stock price worth $162 a share, allergan trading below that, but well above 116 that many argue is the unaffected stock price. where does that go? >> careful, david really disputes that. >> i know because sense then they increased their guidance for far out, taken costs out of the busi

going to be execute on our own standalone plan, though many plee believe that's not something mike piersonhe needs to do another deal. i wouldn't be surprised some shareholders are saying, you know what? get confidence back in your own business to grow organically and just simply show growth. traded a low multiple, get out now, the erosion of valeant stock price has certainly contributed at least to the belief that allergan will be able to prevail, although as i always say, there's a lot of time to go. >> i think a lot of people misjudged dave pyott, the ceo of allergan. i think that people kind of felt he would say, you know what can i do? he's done two things, one, established $10 a share number, which people are buying into but, second, he's exposed value. >> they've unrelentingly attacks valeant in every way possible. >> you realize, wait, this i valeant and a house of cards. is valeant, they've got drugs, made good acquisitions but pyott made you feel like you have to sell. valeant has to move on or buy another company in a friendly fashion. >> when we come back, exclusive with pricel

you haven't mentioned the holing of this court pierson against brave, or as i recall it, the court assume with a sentence or two there was absolute privilege for the judiciary but that the privileges of the executive in that case, policeman, was qualified. the court has no difficulty in concluding it did not require an express constitutional provision to spell out an absolute privilege for judges. these were state judges. >> that's right. >> if your honor please, i don't believe that simply because constitution does not explicitly state immunity, as it does in the speech and debate clause, to this court, it does not exist in a criminal matter. i would like to make one point with the court, however, because i'm sure the point will be raised concern, for example, a distinct difference, we point out in the reply brief as we view it, between a president of the united states, single individual in whom the entire executive function is bested, a president serves seven days a week, 24 hours a day. and only he or those under him performing his functions can exercise the executive function of our g