i think what i'm seeing is we underestimated these new goodyear tires. remember tony stewart asked goodyear to bring a much more flexible side. and we said he ain't going to go anywhere. and we were all dead wrong. this new goodyear tire is flying right now. we will watch the 99 to see if it works for him. >>before you go back off, what do you think on this restart, because we start bell start down there in the wet mud almost in the bottom and get a really good launch. what should friesen do on this restart, stop or bottom? >> bottom. i want to brag on you for a minute. you are one of the best in racing. it's staying smooth and hitting your mark. he's got a groove down in one and two. friesen is exiting turn two so much faster than anybody right now. and i always thought that's what you were good at doing. friesen should restart on the bottom and hit that mark that i'm talking about. there's moisture off of turn two. and my lord, it shoots him out. >>he's had the top truck so far tonight. he's led the most laps and he's got 30 to go to get his first ever

. >> thursday, goodyear fended off a hostile takeover bid but victory didn't come cheap. >> goodyeartaking on a huge debt. plants were closed and workers laid off. the company pays $1 million a day in interest to 17 banks worldwide. >> they jump out of the closet, shout gotcha and buy up the company with its own assets, dismember it and erode the industrial base of this country. >> maybe we didn't understand how it all worked, but we saw a lot of people losing their jobs. and a few people getting super rich. and the vibe of the culture being, that's good. >> how much is enough? >> enough what? >> enough money, enough power, enough influence, enough takeovers? >> this is my work. this is what i do. let me do what i do. it's not a question of how much. did you know that l'oréal actually invented hair color? so who better to care for it. color vibrancy haircare from l'oréal. protects color-treated hair and keeps it vibrant for up to 60 days. with an anti-oxidant and uv filter. color vibrancy from l'oréal paris. color vibrancy wise man, i'm nervous about affecting my good credit score. i

host: goodyear, arizona. republican line, susan. caller: thank you for taking my call. i don't care how much it cost to build the wall. the other day i took my daughter in law to go for an interview at a warehouse job. took her interview and called her the same day and said we would hire you and give you training. did noty find out she speak spanish, they said we are sorry, we need someone who speaks finnish and english, we will have to let you go. she called me on the phone and said, they are letting me go because i don't speak spanish. so i think the wall will be great for everybody. she lost a job. she went to orientation. she went one day, when the next day, stayed for two hours, wanted to know if she spoke spanish. she said i don't know how to read spanish. i don't speak spanish. sorry, we arere really looking for somebody who can speak both languages. guest: as far as the border wall goes, there is a cost attached to that and there are those that are adverse to the cost. if you look at what president trump ran on, he ran on mexico would pay for the wall. we have t

a government contractor from goodyear, arizona...ning champion, an attorney from los angeles, california... and now here is the host of "jeopardy!" -- alex trebek! thanks, johnny. thank you, ladies and gentlemen. welcome, everyone. i hope you heeded the advice i gave you on friday's program about extending your celebrations for canada day throughout the weekend and into tomorrow for independence day here in the united states. emily, trevor, and john, good to have you with us today.

a setback for akron when they did not get the goodyear plan and it went to mexico.here is a strong political debate to be had over whether to have stronger incentives. but that is beyond the scope of this story. this is not a story about trade policy or tout shoring or off shoring or about import substitution. it is what you do in the current circumstances if you are a city in the rust belt like akron. host: we are talking with simon montlake. susan is calling from earlier, massachusetts. caller: great job as usual. i love stories like this. i come from many generations of its berger -- of pittsburgh ers. grandfather worked closely caring for a mill workers and built a great life for himself and his family. and i remember being in high school in pittsburgh in the late 1970's when the death knell of and manufacturing was becoming readily apparent. but anyway, i wanted you to tell us about the progress -- and you can use mathematicians as an example of industry collaborating with colleges to taylor and to really create a pipeline of workers that can benefit from all o

goodyear said higher raw material costs and weaker demand for tires hurt results in the latest quarter. despite seeing a drop in profit, the company reported earnings that were in line with estimates. but sales missed the mark. the company also cut its outlook for the entire unit sales, and segment operating income. shares fell more than 8% to $32.51. the furniture and electronics rental company aaron's reported a better than expected rise in sales as the company kept a tight lid on cost and benefited from growth in its progressive leasing division. earnings also beat analyst expectations and shares took off, rising 17% to $47.54. >>> magellan health missed estimates as the health care company said it experienced pricing pressure in two of its commercial accounts. revenue edged higher and was stronger than expected. shares of magellan health off more than 3.5% on the session at $75.90. the online real estate broker redfin went public on the nasdaq today. the company offered more than 9 million shares at $15 apiece. redfin shares, look what they did? soaring 44% in their debut. they clo

the more than 7,100 cubic yards is enough to fill a goodyear blimp. the project will wrap up sometime early tomorrow. >>> well, more than 100 principals from around the nation helped build a playground in upper darby today. the play structure at stonehurst hills elm rentry schools will he overhead ladders, bridges and balancing activities. this is the ninth year the principals partnered with landscape structures to donate and build a playground at a deserving school. >>> west philadelphia businessman is hoping to use water ice to bring change to his neighborhood. after two years of planning, siddiq's real fruit water ice open owened its flagship store on 60th street today. it's an area that struggles with crime. last january, officer jesse heartnet was ambushed in a shooting a few feet from the store. owner siddiq moore hopes entrepreneurship will reduce crime. >>> turning to the first alert forecast. a great day for a ball game. right now the phillies are playing at home. and taking a live look down the shore, we saw a lot of people cooling off in th

goodyear and american airlines.nt management. thank you for coming in. let's pick up thank you for coming in. let's pick up talking about us gdp. we had that 1. 496 up talking about us gdp. we had that 1. 4% figure for the first three months. president trump and his advisors hoping for 3% for the second three months of the year. we have had strong data, some strong corporate earnings out, do you think they might do it? absolutely not. it's great to hope but that is not a number that i can get to. i think if you stretch all the numbers and say let's be optimistic, you could say we get to 2. 9 but actually if you think about the lower case numbers we have also seen, could be as low as 2. we have also seen, could be as low as2.2 we have also seen, could be as low as 2. 2 buti we have also seen, could be as low as 2. 2 but i don't think we are going to see three. the run rate for the us economy is much lower and i think this is going to be a year that looks like 2014, 2015, 2016, no real change, bad luck, mrtrump. some

on thearnings movers downside, percentagewise, goodyear tire & rubber, their sales and earnings missingstimates and it cut its operating income guidance or the year. it is seen higher volatile raw material costs and an increasingly challenging competitive environment. mattel coming out with its numbers. they have been trying to push more into technology, a technological based toys. still seeing a slowdown and brands like thomas the tank engine an american girl dolls. starbucks, they are comparable sales growth is lower than what analysts had anticipated, closing all 379 of its devonte stores. havearnings snapshot, we 287 of the 500 members of the s&p 500 who have reported sales growth running at 6%, earnings growth at 10.5%, the rate of sales surprises has gone down a bit over the past week. 73% of the sales reports are about analyst estimates and 78% is the rate for earnings. mark: busy day for european banks earnings as credit suisse reporting a better than estimated 78% increase in second-quarter profit with shares of switzerland's second-biggest lender rallying on the news which com

a government contractor from goodyear, arizona...ng champion, an attorney from los angeles, california... and now here is the host of "jeopardy!" -- alex trebek! thanks, johnny. thank you, ladies and gentlemen. welcome, everyone. i hope you heeded the advice i gave you on friday's program about extending your celebrations for canada day throughout the weekend and into tomorrow for independence day here in the united states. emily, trevor, and john, good to have you with us today. here we go into the jeopardy! round. and here are the categories, starting off with... ...literally. great memories. and each correct response will begin with those three letters. jon, off you go. take colleges for $600. answer -- daily double. [ applause ] not a great benefit, finding it on the first clue, but you can risk up to $1,000. -i'll do $600. -okay, here is the clue. what is berkeley? berkeley is right, yes. [ applause ]

years there have been people loudly proclaiming its impossible to beat the stock market maybe have a goodyearnd kbrourmt over to long term it's a big crap shoot why? it's known as the efficient market my thesis the theory in economics that says at any given moment stock prices reflect relevant information that's out there first and foremost get any kind of edge. what you know should be baked into your stocks as they are perfectly valued by the marketplace. a lot of index advocates cite this theory. they think it's basically the same as gambling the best you can do is own an index fund i got no problem with index funds. i think your first $10,000 needs to go into an index fund safest way to invest i'm a fellow traveller to the religion of index funds. i find idea you can't beat the market with individual stocks because they are perfectly valued to be frankly totally lieu ludicrous. markets are not perfectly efficient at ll. they are not rational. they make mistakes like communism, the efficient markets hypothesis is one of those things that make sense in theory but doesn't work in life. let me

. >> i actually got to fly the goodyear blimp.nd i caught a foul ball. >> and there was even a barbeque. >> one day that all my friends came and visited me and they all brought cases of beer and we au got plastered. >> back in court, o.j. simpson cites the jurors' fatigue as one reason he's not going to testify. >> i am mindful of the mood and the stamina of this jury. i have confidence, and a lot more than miss clark, that they will find as the record stands, that i would not, and could not have committed this crime. >> four days later, the end is finally in sight. >> you have heard all of the evidence. >> no more witnesses, no more delays, just closing statements. first up, lead prosecutor marcia clark. >> let me come back to mark fuhrman for a minute, just so it is clear. did he lie when he testified here in this coup, saying that he did not use epithets in the last ten years? yes. is he a racist? yes. but the fact that mark fuhrman is a racist and lied about it on the witness stand does not mean that we haven't proven the defe

. >> goodyear won by buying back half its stock and taking on a huge debt. the coany pays $1 million a day in interest to 17 banks worldwide. >> they jump out of the closet, shout gotcha and buy up the company with its own assets, dismember it and erode the industrial base of this country. >> maybe we didn't understand how it worked, but we saw a lot of people losing their jobs. and a few people getting super rich. and the vibe of the culture being, that's good. >> how much is enough? >> enough what? >> enough money, enough power, enough influence, enough takeovers? >> this is my work. this is what i do. let me do what i do. it's not a question of how much. >>> it was a week to remember. the best fit. and the best night's sleep. the beautyrest black hybrid features advanced memory foams for individualized support and a conforming feel. you'll find it exclusively at mattress firm, home of the love your mattress guarantee. if you don't love your mattress, exchange it or get your money back within 120 days. we cantake them to a game. help those fighting cancer.

security administration, and generally subject to less variation than of the expenditures. 2016 was a goodyear to be an actuary -- a good year to be an actuary. it is pretty remarkable to see differents in expenditures as small as these. the fact that expenditures on hi were 1.7 billion lower than expected, still good news, but on part b side, we're almost exactly aligned, 0.3 billion higher than expected. on the part d side the expend it tours were somewhat lower. i'll talk about that but generally there's been some more favorable experience on the part d side after years -- a couple of years of higher costs >> >> this looks handy in, and expenditures from the payroll taxes that are set to be 2.9% above payroll and then 2.9% is from the employers and employees. there is an additional amount to 0.9% of the high income earners with incomes over 200,000 at has gotten some attention recently and there is also attacks on social security benefits to reflect a portion going into suze a try trust fund -- in part of the hi trust fundgenera and that general revenue transfers and a the contributions so

goodyear tires missing estimate, seeing higher prices among competitive pressures.tarbucks missed sales estimates, closing down its team on a chain, and the mattel numbers are disappointing as well. not telling as many american girl and thomas toys. we will dig into mattel later in the show, julia. julia.thank you, washington's health-care stumble is again raising doubts about whether tax reform will ever happen. after burning the midnight oil, the senate failed in its attempt to repeal underplays the affordable care act. majority leader mitch mcconnell says it is time to move on. but the white house budget director mick mulvaney says this battle is not over. here is what he told bloomberg tv later today. -- earlier today. >> i think you will see that the health-care debate will continue. i do not think the senate can or will leave town until they have done something. they recognize the political danger they are in by not doing anything before they go home for the august recess. my understanding is they will stay here for another two weeks, and they will pass health

security administration, and generally subject to less variation than of the expenditures. 2016 was a goodyear to be an actuary -- a good year to be an actuary. it is pretty remarkable to see differents in expenditures as small as these. the fact that expenditures on hi were 1.7 billion lower than expected, still good news, but on part b side, we're almost exactly aligned, 0.3 billion higher than expected. on the part d side the expend it tours were somewhat lower. i'll talk about that but generally there's been some more favorable experience on the part d side after years -- a couple of years of higher costs associated with in particular specialty drugs, those that treat hepatitis c. this looks at the income and expenditures. kind of builds up from the payroll taxes. payroll taxes are set in statute to be 2.9% that are of payroll, of income, and that amount is fixed in law. the 2.9% is split between employees and their employers, self-employed pay both portions. there's also an additional opt of .9% that are paid by high income earners, those over -- with incomes over 200,000 individually or

talking about a reset where you'll say that it's not going to be a goodyear i'd love to hear your sideis commentary. >> well, jim, first of all, we're very proud of the fact that we posted a 5% comp in our largest market in the u.s. 1% growth in transaction. i challenge any other food and beverage margin of our scale with a 5 comp and 1 transaction. it's a strong performance and great result second as we saw in the back half of last quarter we saw industry data around away from home food and beverage that prompted us to take a cautionary postuer for q-4. keep in mind we are three weeks into a 13 week quarter and a lot can happen you'll have strong performance but the big story is also china. the 7% comp we posted in china and the acquisition we announced yesterday to make all of mainland china unify that around a company operated model we think having two major growths in u.s. and china is going to fuel the company forward. my charitable trust owned starbucks forever. at the same time i try to figure out why i suddenly have to worry about data away from starbucks we're talking one of t

you're seeing them raise ticket prices and the others are following i think 2018 could be a very goodyear for the group. >> finally on asian roots we mentioned you have written about pressure there, capacity from some of these other carriers i assume you attribute it to that and not lingering effects from the april 9th incident here? >> there's a huge increase in capacity between china and the united states. there are roots that some of the chinese carriers are flying with few passengers on board. that's pressuriing fares. give it time and let the roots mature this year should be the last year we see new roots because the bilateral agreement will be filled out and as you look out to 2018, 2019 it should bottom and then start to improve. we may be a year or two away but i don't think it's going to get dramatically worse from here. >> always good to get your take on this quarter. thank you so much. >> thank you for having me. >> when we return possible deal in the work. discover is reportedly in talks with scripps both stocks up on that news. plus the end of currency complacency. why compan

on the goodyear state department and get the best advice.e best person in his administration go through right now is secretary of homeland purity, john kelly. let me tell you why. but the military we have combatant commands. these are responsible for different regions of the world if something bad happens. you're at a southern command. they are responsible for central america, south america. the guy who headed up for four years, who understand what's going on there, but we can't trust is john kelly, homeland security, former southern commander. that to the president needs to be talking to right now. he's the best person in this administration to come up with the right plan how to handle this. ashley: they continue to follow it every day. this point seems to be coming pretty soon. thank you so much for joining us this morning with your expertise. coming up, a different angle to seattle's big tax hike on the wealthy. we have a guest who says this could hurt the tech industry in washington state. you'll heal from him next hour. pressing number

check this out, goodyear, the tire guys, biggest drop in nearly a year, off 91/2%, they have weak sales the middle east, that is pretty much around the world. republican congressman mo brooks says senator mitch mcconnell, majority leader, should step down. roll tape. >> at this point if i were mitch mcconnell i would resign and let somebody else provide the kind of leadership that is necessary to address healthcare now, tax reform next, infrastructure next and on down the list but we cannot continue to have the kind of failures we have had in the united states senate. stuart: congressman louis gohmert, republican texas, frequent guest on the show. this is a flat out war between two wings of the republican party. until it is settled there will be nothing done in congress. with that is my opinion. what say you? >> i don't think it is a war between two factions of the republican party. it is a war between people who repeatedly made a promise that they would repeal obamacare and their own conscience them pushing them to keep their word and then something else to lie about it. stuart: it is