break for this company is the issue of moon strategy and the model ask as if the next -- ask -- ac as ifts if they could turn into the next apple. matt: i took a look at your presentation, five reasons why it will hit $500 by the year end. if they do well with this vehicle, the sky is the limit until the third vehicle needs to come out. but, it is a big if. elon musk is great at putting up those moon targets, but he is also sometimes late. that model should already be here. >> has been late, but that goes to the focus they have on product quality and knowing that this is a make or break things for them. they will not release a product that is not perfect or will not delight consumers. it is something i will be better than the previous model. we remember all the accolades that have come out and i expect them to deliver something that will make the market. there is a plenty of pr and announcements that they have kept up their sleeves. you will see that in the next six months. matt: what about the battery business? it is interesting to talk about, but there does not seem to be a real use case

life,ift sal khan's instead of growing up in new orleans and growing up in calcutta, i do not know.push themselves to learn new things, but also had a lot of opportunity and at the right place at the right time. and a little dose of luck never hurt. i think mark zuckerberg would've been successful in anything that he did. i don't think anybody could be him, but i think that are a lot of people that could be mark zuckerberg that it do not think that they can be. emily: what does the classroom look like 10 years from now? sal: kids are able to create things at 10 or 20 years ago you needed an engineering degree to build. schools will be these maker spaces. it doesn't have to be technological, they could be making art, poetry, starting businesses, who knows what might be. emily: what about you? sal: i hope to be doing this until the day that i die which hopefully is not for another 50 or so years. it might be longer if we hit the singularity, like some people think. if i imagine a world in 500 years, i hope khan academy is still around. what do we need to do to make this an organizatio

ift i want to convey here is you are trading energy, you are really trading the u.s. dollar.n you are trading a lot of things, you are trading the u.s. dollar. you may think you are not a currency guy or girl, but you are. your currency versus -- relative to energy stocks relative to the s&p. over the last 15 years, an incredibly strong correlation in verse to the u.s. dollar. dollar up, energy stocks down, and vice versa. energy stocks are having a hard time. i don't believe it's because the fundamentals have changed. i think it's about currency. joe: thanks for coming on, steve. alix: still ahead, adultery site ashley madison has been hacked. how much could the breach cost the company? the answer when we get back. ♪ alix: i am alix steel. joe: i am joe weisenthal. "what'd you miss?" on ashley madison -- before the break, we told you about an madison. ashley they called the breach "criminal" and said no company's online assets are safe. hugheson't miss baker earnings out before the opening bell tomorrow. looking for earnings to be down 115%, sales down 36%. it's all going to

q&ift. the mall drug led to compete in recent years. hoping to begin construction this winter and reopen by january of 2017. >>> to decision 2016. there are now 15 republicans running for president. wisconsin governor scott walker officially launched his campaign in his home state today. walker embraced his fighter reputation and says he plans to run on his record at÷ getting things done. here's a look at all 15 candidates and it could get even more crowded. right now five democrats are vying for the presidential nomination. >>> the military is taking a step toward lifting its ban on transgender service members. the pentagon will study the issue for six months to figure out the impact on health care housing and physical standards. the current ban is outdatedño anyone should be able to serve the country. >>> septa is making special preparations for pope francis. they announced today one-day regional rail passes for the pope's visit to philadelphia. the passes will go on sale next monday morning at 9:00. they'll only be available online.

. >> ift first you don't succeed you got to fly, fly again. urt,t,bubut t ththerere will still be pain comes when your insurance company says they'll only pay ththreree-e-ququarartetersrs o of f what it takes to replace it. whwhatat a arere y youou s supupposed to do, drive three-quarters of a car? nonow w ifif y youou h hadad l liberty mutual new car replacement, yoyou'u'd d geget t yoyourur w whole car back. i i guguesess s ththeyey d donon't want you driving around on three wheels. smsmarart.t. nenew w cacar r rereplplacacememenent t isis j just one of the features that come standard with a base liberty mutual policy. anand d fofor r drdriviverers s with accident forgiveness,rates won't go up dudue e toto y youour r fifirsrst accident. leleararn n momorere b by y cacalling swswititchch t to o lilibebertrty y mumututualal anand d yoyou u cacan n sasave up to $509. fofor r a a frfreeee q quouotete today,call liberty mutual insurance at sesee e cacar r ininsusurarancncee in a whole new light. lilibebertrty y mumututualal i insurance. >>> closed captioning provided by --- withth p plala

ift, to harmonize tv and wireless spectrum on both sides of the border. mexico is in the midst of its dtv transition and we're heading into an incentive auction and relocation of broadcast and mobile licenses. where on the spectrum mexico places its dtd license, therefore affect us and our u.s. licenses. and where we place our licenses is good, effect them. thanks to the hard work of the task force and the good faith negotiations of the mexican ift, this major hurdle has been volted. and i wanted thank my counterpart in mexico and his commissioners for their leadership on this matter. to the north, we have been making similarly productive progress with our friends, the canadians. i believe that once we have a decision next week, instead of auction procedures that we'll be able to conclude that coordination as well. finally, we've had frequent discussions about the open internet rule now that the dc circuit has put it on an expedited track for judicial review, we're only six months or so away from that ruling, which i know we all have been waiting for. >>

i might try ift once. right now soccer is booming all over the place. >> and why soccer's fever pi i don't want to live with the uncertainties of hep c. or wonder... ...whether i should seek treatment. i am ready. because today there's harvoni. a revolutionary treatment for the most common type of chronic hepatitis c. harvoni is proven to cure up to 99% of patients... ...who've had no prior treatment. it's the one and only cure that's... ...one pill, once a day for 12 weeks. certain patients... ...can be cured with just 8 weeks of harvoni. with harvoni there's no interferon and there are no complex regimens. tell your doctor if you have other liver or kidney problems or other medical conditions. and about all the medicines you take including herbal supplements. harvoni should not be taken with any medicines containing amiodarone, rifampin, or st. john's wort. it also should not be taken with any other medicine that contains sovaldi. side effects may include tiredness and headache. i am ready to put hep c b

democracy and the reduction of corruption inside that country, but sometimes 's held back this incredibly ifted and blessed country. and with respect to the medal of freedom, there is no precedent for revoking a medal. we don't have that mechanism. and as you know, i tend to make it a policy not to comment on the specifics of cases where there might still be, if not criminal, than civil issues involved. you give a , if woman or a man for that matter without his or her knowledge a drug and then have sex with that person without consent, that's rape. and in this country, any civilized country should have no tolerance for rape. all right, have we exhausted a round of questions here? i think there is a helicopter that is coming, but i really have been enjoying this iran debate. topics that may not have been touched upon, criticisms that ou heard that i did not answer , go ahead. i know josh is getting a little stressed here but i just want to make sure that we're not leaving any stones unturned here. reporter: thanks, mr. president, i'll be brief. the argument is made that iran has a cash windfall,

ift it's not the place you want to be around right now. >> new york state is going to be on a revenger anything to rep remand or discipline any officer in there because they are the lowest rank available to discipline. they aren't going to discipline anybody who made the policies like honor blocks civilian clothing like contact visits so that contraband can be passed. the people who made the decisions are going to be investigated or disciplined. it will be the lower level. most employees feel like they are a number getting ready to be picked on. >> thank you for being with us. alisyn? >> let's talk sports my favorite. an upset at wimbledon. roger nadal is out. the replay in our bleacher report. >> we are going to talk weather. is it going to impact your holiday plans? we'll have the forecast next. listen up team i brought in some protein to help rearrange the fridge and get us energized! i'm new ensure active high protein. i help you recharge with nutritious energy and strength to keep you active. come on pear it's only a half gallon. i'll take that. yeeeeeah! new ensure active high p

ift was a swift decision on the jury's part taking 12 hours to deliberate finding the 27-year-old guilty on all 165 charges. this isn't about a thing who indiscriminately kills. if you look at it it would kill again if let out. thank god, the jury saw that and saw it quick. it's about these people and these people that were hurt. >> staring stone faced, holmes showed no emotion. >> it's good. it's closure. it's finally over. justice for john and maybe i can really start making sure i put this behind us. >> for the victim's loved ones relief the jury did not buy the defense team's strategy. >> we are happy that this animal this monster will never see the light of day. >> reporter: it was key evidence like his planning notebook and this sanity evaluation that convinced the jury guilty. >> did you have any doubt that you killed a lot of people? >> no. >> reporter: now the same jury must decide holmes sentence. >> will it ever be over? it's hard to say. some move forward. at the same time we never forget what happened in the wee hours of july 20th at the hands of the shooter. that's the pain

but as you said, ift could have been a lot worse. >>> coming up on "good morning america" -- leapingle green girl who loves to play this bubble-popping game. it's straight ahead in "pop news." >> this is not a geico ad. whatever. >> is this real or animated? >> doesn't it look animated? >> it looks animated. ed. it looks animated. caring for someone with alzheimer's means i am a lot of things. i am his sunshine. i am his advocate. so i asked about adding once-daily namenda xr to his current treatment for moderate to severe alzheimer's. it works differently. when added to another alzheimer's treatment, it may improve overall function and cognition. and may slow the worsening of symptoms for a while. vo: namenda xr doesn't change how the disease progresses. it shouldn't be taken by anyone allergic to memantine, or who's had a bad reaction to namenda xr or its ingredients. before starting treatment, tell their doctor if they have or ever had, a seizure disorder, difficulty passing urine liver, kidney or bladder problems, and about medications they're taking. certain medications, changes

ift is where hillary clinton will come down in terms of specific policy over the next several months. to, that whether or not warren can be trusted to smile intersection next to hillary on the con venge stage or not, that question can be answered with how she's been treating the president the last several months. it's been a hostile relationship. after president obama was supportive of her to get in to the massachusetts state house. i reject the idea this is sort of a strong man we are using to sell magazines. >> the hostility is public. privately apparently no there's none of. that elizabeth warren was at the white house with the rest of the senators and all reports are that she didn't have any kind of confrontation we hear from her publicly when she is talking about the president's position on trade. >> she has issues she wants to push. i happen to agree with her on many of the issues but she wants to push president obama in one direction and, look there's no real political down side for her to do that. president obama didn't run for anything anymore. he's on his way out. with hilla

ten times more product ift. and you do this with millions of people.value added economy. so now you are taking that back and saying be a doctor. you just can't do it. you might be able to tell then to be a economist but it's harder to train them for value added. >> can't last forever. what do you think of the comparison to the 1929 crash that precipitated the great depression. compare it to that? >> i wouldn't in that sense. there was definitely a bubble evaluation. some factors are similar in that we saw build up of global capital, declining interest rates. that is what we see today. capital superabundance, lower interest rates. part of the reason china has access to so much cheap capital is if you put in the banking system it's cheaper to lend out. and we're seeing investors all over the world struggle to find those yields. we work at bane with a lot of investoren clients who are looking to try and find assets to informs in thatvest in that are returning real fundamentals. and china you see a lot more pouncing on opportunities to invest in something

. >> ift's quite a sight.s chopper 4 flying above all the fire flight with the numerous air tankers operating in a close proximity. such meticulous work as they get into the thick of the smoke and make the drops, one by one, not only air tankers, but helicopters and all the resources you see here this afternoon. again, right now, we are keeping an eye on the truck fire which they had been using helicopters to drop water on the fire. that may help but this container here we have no idea what was burning in there. all the other cars were filled with gasoline presumably. that's very difficult to control. finally, what we do have is firefighters in place with hose lines to prevent the fire from spreading. that is something we did not have a couple hours ago, when this fire started. >> their main issue right here is trying to get the fire out to cool down some of the adjacent cars and move them off the freeway. we are concentrating on the i-15, but we want to mention that this fire has spread. it's up to 2,000 acre

iran decided, ift appears that way, we will get a deal and push further and we want you to let up onur missile production. how did that get to be part of the deal and will congress have any ability to strip that out? >> how a rogue nation like iran to have a boot on its neck two years ago was able to go from having its nuclear program dismantled to getting the gains it has gotten from six countries is hard to understand. as this is going on and you mentioned mentioned more and more issues are arising. look at the body language we know them and john kerry. they are jubilant and john kerry is looking down. let's go through it. i said from day one i want to read the agreement. i don't know how the arms embargo came through. they have one of the most sophisticated missile programs in the world. it appears we could be paving the the way. >> the leader of hezbollah and putin who are delighted you will want to look into this and see chai they are happy. senator, thank you. >>> iran is still holding four american hostages. we are told john kerry raised it repeatedly at the negotiateing table

peter: i'm not sure ift. i have to jump into brendan: -- i have jump in.market makers." good morning. ♪ tom: good morning. futures at -10. let's get to the top headlines right now. brendan:vonnie: talks are beginning between debt ridden greece and its creditors. european neighbors are agreeing to lend up to 94 billion u.s. dollars, but only if greece puts tough new austerity measures in place. best buy wants to take a bite out of apple's success. more than 100 stores will start stocking apple watches at the end of next week. as of now they have only been available in apple stores. are the rich getting richer new ? new figures say yes. the top billionaires are worth more than pastors. bill gates still tops the list. tom: we have peter orszag with us for the hour. it is time for the summer budget quiz. all this medicare, medicaid, social security -- security at jelly stone park. they make up the bulk of the federal budget. then there is everything else. everything else is ugly. it's an amazing observation that are discretionary budget is on its way down to 2

the hard work of international spectrum auction task force and the good negotiations of the mexican ift this has been -- and i want to thank him terrorists although far or their leadership on this matter. to the north we have been making simply productive progress with our friends the canadians. i believe once we have a decision next week on incentive option for procedures we will be able to conclude that coordination as well. and finally we have had frequent discussions with this committee about the open internet world. now that the d.c. circuit has put it on an expedited track for judicial review we are only six months or so away from that ruling which i know we all have been waiting for. so thank you mr. chairman, ranking member. i look forward to discussing these or any other issues. >> thank you chairman. we will now go to commissioner pai. we were glad to have you before the subcommittee again. >> thank you mr. chairman ranking member issue members of the subcommittee thank you for inviting me to testify. this hearing comes at a critical time. the fcc is making judgment that will

people would die ift blatter there was a summer tournament there. fee for new, and you have to wonder why certain people voted for the world cup to go they're. moving and it has got iten worse. knowing that cannot happen stakeholders. allow -- and now moving it to november december of the world cupli year. if you want to die al young come to england andubs standout signed arsenal manchester city, manchester united, liverpool is the fans come out and say we'reck warner to going to stop you having football for seven weeks. i hope it is a painless else's death. you can't walk int so it aw someone else's sports culture and take away, but that is what is being done. who is questioning him? i do not see any of the officials from us soccer saying no, no and no.ill hao we're friends with the english and the german and the dutch and all the otherfa. western european federations th want to stopat the game because of the dirty slime bags.we that is the background. the money went somewhere.nvestiga but it went in the lowlifest in voted for something that is end

so we're in line with that in terms of the initial certification and then ongoing certification act iftsprovements come online. >> okay. i just wish there was a little more certainty in this because you can't even tell me how many changes there are. i guess that's a concern i think we should get to the bottom of. changing gears here, ms. van cleek, what advanced technology does the rd-180 use and why is it important that we bring that technology to the u.s.? >> well the rd-180 is what's called a stage comebustioncombustion, the r-25 that powered the space shuttle was also one of these engines. the russians pioneered and perfected the oxford stage combustion engine during the cold war. and the u.s. didn't. the u.s. perfected solids and hydrogen systems. so it's a very high performing, hydrocarbon engine. it provided a lot of advantage to the original atlas vehicle. some of the things in it are advanced codings, advanced materials. it's very compact, very high pressure. those are things particularly the materials for things that this country did not choose to pursue and didn't develop. and

ift it's a french military insulation but a premier laboratory that deals with accident investigation. what they are going to do is look at markings look at numbers on the part. they are going to analyze the metal of the part to find out what plane it came from whether it came from mh370 and how long it's been in the water. very important, whether or not there might have been some sort of occurrence when the plane was in the air. did it break off on impact with water? all this analysis is going to happen here next week. unclear how long all of this is going to take and whether or not the investigators are going to give updates along the way. interestingly enough that suitcase that was also found there on the beach is coming to france. that is going to be analyzed at a lab outside of paris, alisyn. >> that could be in the interesting piece to the puzzle fred. thanks for that. >>> meanwhile, the overarching question why did this crash happen? u.s. intelligence agencies are focused on the cockpit claiming someone changed course before it vanished. we are live on details with that. what a