alan is in seattle covering this for us. alan?> and ali the mayor says complete coincidence that this announcement came on may day. it would raise the minimum wage, but it would phase it in. for the smaller companies they would have reach that level within seven years, bigger companies within three years. the mayor said this was a big win, and he sees it in terms of a national arena and this issue, really just a first step. >> in the glue of this nation holding together has always been a large middle class, hopefully here in this city, at this time, on this day, we will begin the process of taking those first steps, those next steps, in restoring the middle class, and growing the again. >> not quite a done deal at this point. the city council are the ones who are going to have to tweak this, look at it, and actually pass the ordinance, but that's what we have right now. every company in the city could be there within seven years. >> what are the steps that city council has to look at this, and what is the time line when it could s

alan: alright, good answer.e: now on to your bonus round question: as the saying goes sell in may and go away and that usually means go away until october. so on average the dow jones industrial average has gained how much during that six month period since 1950? is it a) 0.3% b) two% or c) 5 percent? alan: i say 5% scott: i say two... alan: we've only gained 3% so far this year in the s&p's so i think we still have a long ways to go. angie: the correct answer is a0 0.3%. scott: at least we both got it wrong. alan: wow! scott: which proves it's not rigged. we actually got something wrong. angie: thanks for being on the show. first business continues right after this. james ramelli of keeneonthemarket.com tells me he wants to talk donuts and discounters this morning. good morning, james. look at the historical performance, we actually see a little bit of a bullish look there. the stock has rallied 5 of the past eight quarters. i like big lots because it's a traders stock. on average on earnings day it moves 11.2%

and now outgoing ceo alan mulally.ss the second hour of "market makers." ♪ >> live from bloomberg headquarters in new york, this is "market makers." we will talk to chairman bill ford. , nond the all-time champion uncharted cable operator more than espn. we will hear from the president of the sports television empire, john skipper. >> welcome. i am cristina alesci. >> i am matt miller. eric and stephanie are on assignment today so we are filling in for them which kind we haved out here in some m&a news. ford news. the two of us fit the bill. i will give you the news feed. the top business stories from around the world. as christina said, a changing of the guard, retiring and being placed by mark fields on july 1. ford said mulally recommended speeding up the timetable for the change. >> you have created this floored that we know and love. in ford goingent forward, i will be there best cheerleader and i cannot wait to see profitable growth going forward. know the story. press in a few minutes, we will talk with alan mul

that's changed under alan. return to the fiefdoms under mark? >> none of us wants to go back to that, and everybody's so energized by the way the company is operating today. and it's actually made for a much better management development process because today everybody's expected to chip in on all the problems. and also, everybody's exposed to the entire business. so you have -- therefore a much better educated executive team than we used to have. and nobody wants to go back to the old ways. and part of my role is to be the institutional memory to make sure that we don't. >> as you look at the team now under mark, he doesn't plan to make any changes in the near future. can you kiehl keep the talent bench you have there? because that's one of the hallmarks under alan is you guys have been able to really build a solid bench. can you keep that bench there? >> yeah, i mean, i think we can and we plan to. because the people who are here leading our company, they love this company and they love this industry. it's fu

alan: its a music play. scott: google just bounced off its 200 day moving average, it's nice uptrend stick with google. angie: no. 3... clubhouse or roughhouse its sam's club vs. costco. which has the best odds for future fortunes? alan: i want the use the word living wage but i can't use that to make my decision. i actually think wal-mart has more upside if you look at it technically speaking it looks like about a 20% potential move walmart on a break out up to 90-- whereas only 10 percent costco. scott: that's funny coming from you. i wouldn't have thought you would keep everything at home in the u.s. and not support the chinese. anyway, sticking with my liberal friend i'm going to go against them. i'm going with costco. i'm a costco member. i have a costco card. i think between those two stores and i've been in both, sam walton is a beta theta pi member of my fraternity as well... i'm sticking with costco because it's a better store, it's got better clientele and it's got a longer future. wal-mart compete

alan: so you're a buyer? scott: i still think it's ok and for this year i am. i'm not saying for the rest of the years but for this year we're going to see eight to 10% on the stock market regardless of what happens this week, but i think it ultimately-- free money globally keep the stock market big. alan: russell doubled the value from 60 to 120 since 2011-- very very strong trend you have to respect that. angie: topic number 2: insure boost the gdp forecast increased because of the affordable care act how you play it? scott: here we go i've got to jump in on this one. this is funny how we worded this question because we're celebrating a negative 0.1 gdp all because of the government's obama care. isn't that great? without the obama care it would've been much worse than a horrible -0.1. how can you celebrate that? aren't you embarrassed yet? alan: $37 billion increase in personal income that money went into health care my play... how do you make money with it? my play is diapers, better economy, more babies... diapers: kimberly-clark and procter and gamble i'm

alan: they're all real. scott: i'm going to say none of them are real. alan: two opposing opinions! up, but we love our first biz moms. scott: because it's l-u-v alan: that's why i thought it was none of them. tricky. happy mother's day. thee: thanks for being on show. happy mother's day first business continues right after this. who better to have on the show today than trader tim biggam? tim, you have been on the right side of the trade as far as those big momentum tech stocks like tesla and twitter. so what's your game plan from here? > > yeah absolutely, angie and looking at actually taking the other side here, you know, kind of avoiding them on the valuation-- certainly on a price movement basis earlier. down around here given the fact twitter is more than cut in half, tesla has come down about 40%... kind of liking the names here. they look washed out on the charts so i'm nibbling... buy certainly on twitter anywhere around that 30 level and on tesla down around 180 so positioning by selling puts to buy there and actually going out and buying a few shares outright. > > tim, we

alan: the xhp index. angie: topic 3-- pony up- prices are up for ponies running in the kentucky derby. is that a positive sign for the stock market? alan: well it's a sign of more money out there flowing around. i saw that prices are up 30% in the last year. $200 thousand was the average auction. so it is an interesting fact but it's just like who wins the super bowlit doesn't mean anything to me as a trader. andrew: it doesn't mean anything to me as a trader either. when i was on the trading floor 5 or 6 years ago they used to talk all the time about how traders would invest n ponies. i don't know one person that made money. people thought it was a cool thing to own a horse that was going to race in the derby. alan: wicked strong is 8 to 1 and the market has been wicked strong so i thinkn that's a theme. angie: you're already warmed up for them bonus round questionthe run for the roses-- is it better to bet on a pony or buy shares of churchill downs? alan: churchill. andrew: i love betting on the ponies.

alan krueger stays with us.housands of berkshire hathaway staples will spend over the next investor meeting with mr. warren buffett. ♪ >> good morning, everyone. on monday, bart joins us. you know him as the former cft commissioner. talk about.ngs to whether it's high-frequency trading -- what was the book? flash boys? that was so last month. good morning, michael lewis. this is jobs day. >> it is jobs day. our guest host is alan krueger of princeton university. let's get you some company news now from the piles of bloomberg west. shares of linked in down in early trading. the professional networking service giving second quarter forecasts. a mobile phone owner is suing google over restrictions, including the android operating system. the suit filed in california claims that google forces and held device makers using android lessso provide google's popular apps. google denies the claim. google is also the subject of another lawsuit. this one over the controversial bus that shuttles employees from sentences coach

i mean, alan is just my hero.e never gave up for one second. >> the very next day, the team breaks the world record for canopy formation. one of those skydivers? alan. >>> coming up, rescuers spot a man whose time was running out. >> he was in the midst of it and i knew he want doing well. >> when "caught on camera: what went wrong" continues. (meow mix right on cue. (laughs) it's more than just a meal, it's meow mix mealtime. with wholesome ingredients and irresistible taste, no wonder it's the only one cats ask for by name. thcar loan didn't start here. it began way, way back. before he had children. before he got married. it started in his very first apartment. see that overdue bill? it arrived after he moved out. and he never got it. but he's not worried. checking his credit report and score at experian.com allowed him to identify and better address the issue... ... and drive off into the sunset. experian . live credit confident.™ when you didn't dread when youbedtime becausenner with anticipaof heartburn.itat

alan alda proves there are really second acts in america. the new role, the lessons he learned and what he can teach. "on the money" starts right now. >>> here's a look at what's making news. a wild and woolly week for both the stock and bond markets. stocks climbed on friday following the worst two-day decline in more than a month on wednesday and thursday. earlier in the week the markets had hit a new record high. that fall partly due to weak economic data. and partly because of declining yields in the bond market with ten-year treasuries paying less than 2.5%. that spooked stocks with concerns that bonds were signalling the economy is weaker than many thought. disappointing sales. rising .1%. economists had expected a .4% increase. the numbers always closely watched because consumers make up nearly 70% of the u.s. economy. >>> earnings season is winding down. tech giant cisco beat expectations as did macy's, kohl's, and the world's largest retailer, wal-mart, which fell a bit short. if you don't have a lot of cash in your wallet these day

the question now is what will alan mulally do.urse, he is one of the greatest ceo's the country has seen in a long time. people talk about him as a turnaround king, really engineering this amazing turnaround while the other car companies went bust. ford came through and became a very strong and competitive carmaker. is he going to become chairman of another big company? is what the spec -- speculation is. one thing for sure, he is not going to be laying tennis and golf. he is not retiring shot -- retiring type, and he is in great shape for his age. out -- we willt be talking to bill ford at 11:00 and then to alan mulally shortly after that, so a couple of great interviews. >> looking forward to that. you will be on "market makers." be sure to tune into that. condÉ nast traveler just released the annual hot list of the best new hotels in the world. ready for you to make the list and they are judged on a range of categories. this is the first time the new editor in chief has compiled a list, and she's got a lot of challenges ahead a

alan and howard, this is-- we're here.e receivables and those payables don't start matching up, you will not be in business in the next year. i am not writing a check for more than a million bucks. do we have a deal? >> yeah. >> yes. >> come here, you big guy. >> we came from 5 million down to the 1, to be more realistic. >> i'm very comfortable with the million dollars, especially with everything that he's going to add to the business. >> see ya in the morning. good morning. my name is marcus lemonis. and i fix failing businesses. this business last year did $50 million of business. unfortunately, we didn't make any money. you guys sell a lot, but there's one thing that you don't do very well. what is that? >> collect. >> collect money. so last night at dinner, i made a deal with alan and howard. and i'm putting in a million dollars. but you know what they forgot to do last night? they forgot to ask me for my money. it's a theme, but it's not funny. because your paychecks and the rent, all get paid when we collect the mon

que me la ibas a presentar. >> miren. >> alan, alan. alan. >> no puede ser.ebradas pero no se preocupen porque hoy les voy a compartir mis soluciones para tener una melena envidiable y para eso tengo a mis amigas. ¿cÓmo es? the four amigas. vamos a comenzar con el primer tratamiento que es para darle brillo al cabello. pierde el cabello brillo. la cerveza es esencial. no para tomÁrsela, chicas. es para usar durante mucho tiempo. la cerveza con el aloe vera. oiga. ayuda a restaurar lo que es la base del cabello, la cerveza tiene pura cebada. la cebada va a ayudar a engrosar lo que es el cabello. tambiÉn tienen que obtener una pasta uniforme y aplicarla masacrando lo que es especialmente el cuero cabelludo. puede hacerlo durante 20 minutos. luego enjuagar y si quiere, un poquito se la toma. >> me lo hubieras dicho, ximena. >> van a preferir tener el cabello sedante y sedoso. se usaba muchÍsimo. sobre todo las abuelitas las han usado hace mucho. >> otra mascarilla que tenemos es para las puntas quebradas, horquilla. >> aguacate, aceite de oliva y banano. quiero

alan schroedr/jefe de pediatria dice el jefe de pediatria que debido a su delicada condicion medica, su tratamiento requiere meses de terapia y monitoreo, por eso lo quieren transferir al hospital sobeth cure care en saratoga, donde se especializan en este tipo de recuperacion lenta... alicia "pues yo queria lo mejor para mi hijo, pero ahora va a durar años en despertar" alicia... que trabaja en el campo, que no tiene auto y est lejos del centro donde lo quieren trasladar, le preocupa no poder cuidar al ser mas importante de su vida ya que solo lo podria ver cada 8 dias... alan para el doctor schroedr, la situacion es triste pero simple: ellos quieren que jesse se mejore, no obstante este centro mdico no est adaptado para una recuperacion de meses como sta. afirma, que el hospital en saratoga es bueno e ideal para que jesse pueda salir del estado de coma en el que esta. pero sin el apoyo del padre, con dos niÑos mas y un trabajo en el campo recogiendo fresas, alicia solo pide un milagro y que su niÑo obtenga el trato que necesita para que vuelva a sonreir... la fe

as for outgoing ceo ford alan mullaly, he is focused on his final two months at ford. beyond that he is not indicating any plans in terms of working for another company and in terms of corporate america, but make no mistake, he will be in demand. >> i have not decided what i will do next, because the most important priority has been this orderly transition. but i really look forward to the future and look forward to serving. but i really like that you know -- that retirement thing sounds a little bit good, too. >> alan mullaly's legacy at ford? the stock price appreciated 92% over the last four years, when you look at the financials in the first two years between 2006 and 2008 ford lost $30 billion as he was right-sizing the company and dealing with an auto industry that was imploding. since 2008, ford has made $42 billion. phil lebeau, "nightly business report" hartford, connecticut. >> so will that momentum continue? will ford continue to shine? our next guest thinks so. u.s. auto analyst for csla americas, emanual, good to have you with us, mr. mullaly, stepping asi

. >> alan wang is live for us. alan, is it still trapped? >> i am just told the game warden has gone into the apartment garage with a tranquilizer gun, and they are trying to capture this mountain lion as we speak. i have also been warned if things go bad we could hear ar-15 gunfire. so far police say they have been lucky because this mountain lion ran across the street and down the driveway and into the apartment garage parking lot where they quickly shut the gate on it. so now the mountain lion is trapped inside this parking garage. the last time we checked it was lying under a car resting. and it looks like a full grown cougar with a radio collar around its neck. it is the same lion a puma tracking group has been following for several months. it started around 6:30 when people spotted the mountain lion while soccer teams were holding practice out there. the field was immediately evacuated and suddenly residents off california street spotted the cat. >> they said hey, grab your son. my son was walking toward the building and was 50 feet aw

. >> alan wang is live for us. alan, is it still trapped? >> i am just told the game warden has gone into the apartment garage with a tranquilizer gun, and they are trying to capture this mountain lion as we speak. i have also been warned if things go bad we could hear ar-15 gunfire. so far police say they have been lucky because this mountain lion ran across the street and down the driveway and into the apartment garage parking lot where they quickly shut the gate on it. so now the mountain lion is trapped inside this parking garage. the last time we checked it was lying under a car resting. and it looks like a full grown cougar with a radio collar around its neck. it is the same lion a puma tracking group has been following for several months. it started around 6:30 when people spotted the mountain lion while soccer teams were holding practice out there. the field was immediately evacuated and suddenly residents off california street spotted the cat. >> they said hey, grab your son. my son was walking toward the building and was 50 feet aw

alan mulally announces his exit from ford. then, janet yellen says we are not done resolving too big to fail. today bloomberg tv takes you inside pepsico. to our viewers in the united states and those of you joining us from around the world, welcome. full coverage of the stocks and stories making headlines today. eddie lou is at the pepsico innovation center in new york. peter cook in the washington area with the latest on the crisis in ukraine. matt miller has the latest on the c street -- see suite crisis. alan mulally will step down in august, trying to make way for the ceo mark crane to take the reins. >> we looked at executives inside the industry and outside the industry, but alan and i cap coming back to the fact that without mark was the best -- kept coming back to the fact that we thought our quiz the best candidate. we really did the due diligence, but the more we did, the better we felt about mark. >> i am so confident in for going forward. i will be their best cheerleader. i cannot wait to see profitable growth goi

. >> alan wang is live for us. alan, is it still trapped? >> i am just told the game warden has gone into the apartment garage with a tranquilizer gun, and they are trying to capture this mountain lion as we speak. i have also been warned if things go bad we could hear ar-15 gunfire. so far police say they have been lucky because this mountain lion ran across the street and down the driveway and into the apartment garage parking lot where they quickly shut the gate on it. so now the mountain lion is trapped inside this parking garage. the last time we checked it was lying under a car resting. and it looks like a full grown cougar with a radio collar around its neck. it is the same lion a puma tracking group has been following for several months. it started around 6:30 when people spotted the mountain lion while soccer teams were holding practice out there. the field was immediately evacuated and suddenly residents off california street spotted the cat. >> they said hey, grab your son. my son was walking toward the building and was 50 feet aw

alan, how is she doing?> dan and ama, the 9-year-old girl was taken to the er here, and we are told her injuries are not serious. the school district says she may have had an argument with that woman's daughter, but the motive behind the attack goes much deeper than that. >> parents at laugh lafayette elementary school are finding out a mother attacked a girl with a hammer at 10:30 in the morning. >> that's very scary. i would have taken my daughter out right away. that's scary. >> but the oakland school district officials say the woman concealed their hammer until they lured the third grader into the restroom and struck her several times. she was taken to hospital with nonlife-threatening injuries. >> the child was conscious during this pros vees and in remarkably good spirits. >> the school district identifies the woman as a well-known volunteer at the school. they are new immigrants from yemen. >> there is some sort of family food and it was perpetrated as one of vengeance. >> they are now in the alameda

. >> effective july 1, alan elected to retire as president and ceo and member of our board. our board of directors met and elected mark to fill those same shoes. [applause] >> applause all around for ford employees. phil has been at the company for 25 years and is young for a ceo at a major carmaker, just 53. >> the first order of business is to have a great transition over the next couple of months. it continues to stay relentlessly focused on implementing our plan and bringing more great products and innovations with top quality to the marketplace. that is our sole focus. i do not plan to make any changes because it is the strongest team and we will continue to grow in the same direction, and it is very exciting to grow a business and everyone is energized around that. >> people knew the day would come when alan would eventually step down. he led ford through a tumultuous period. when he came in 2006, ford was a money-losing company and then it lost another $34 million. mulally eventually returned ford profitability over the past five years. >> mark and this team have crea

abc7 news reporter alan wang is live in one of them, san lo lorenzo, with the story. alan? >> dan, this massage parlor and the others are red tagged which means they are closed until the courts can make a decision. no johns were arrested, but they saw a few men trying to walk in while the raid was in progress and realized what was going on and quickly tried to shuffle away. >> we thought it was a regular massage parlor. >> not uh -- according to the district attorney. they said it was one of 13 east bay brothels busted today. an insurance broker next door heard the police storm the massage parlor. >> they were yelling about the search warrant. i thought i heard them say someone was nude. >> other employees say the arrests were not surprising at all. >> it was so obvious what was happening in there. >> what were you seeing? >> just men coming in. no women. >> the district attorney's office says the operation that involved 400 officers was triggered by community complaints. >> what we have been able to accomplish is to attack these businesses in an innovative and comprehensiv

abc7 news reporter alan wang is live in one of them, san lorenzo, with the story. alan? >> dan, this massage parlor and the others are red tagged which means they are closed until the courts can make a decision. no johns were arrested, but they saw a few men trying to walk in while the raid was in progress and realized what was going on and quickly tried to shuffle away. >> we thought it was a regular massage parlor. >> not uh -- according to the district attorney. they said it was one of 13 east bay brothels busted today. an insurance broker next door heard the police storm the massage parlor. >> they were yelling about the search warrant. i thought i heard them say someone was nude. >> other employees say the arrests were not surprising at all. >> it was so obvious what was happening in there. >> what were you seeing? >> just men coming in. no women. >> the district attorney's office says the operation that involved 400 officers was triggered by community complaints. >> what we have been able to accomplish is to attack these businesses in an innovative and comprehensiv

alan, how is she doing? >> dan and ama, the 9-year-old girl was taken to the er here, and we are told her injuries are not serious. the school district says she may have had an argument with that woman's daughter, but the motive behind the attack goes much deeper than that. >> parents at laugh lafayette elementary school are finding out a mother attacked a girl with a hammer at 10:30 in the morning. >> that's very scary. i would have taken my daughter out right away. that's scary. >> but the oakland school district officials say the woman concealed their hammer until they lured the third grader into the restroom and struck her several times. she was taken to hospital with nonlife-threatening injuries. >> the child was conscious during this pros vees and in remarkably good spirits. >> the school district identifies the woman as a well-known volunteer at the school. they are new immigrants from yemen. >> there is some sort of family food and it was perpetrated as one of vengeance. >> they are now in the alamed

and that is so critical in terms of gaining alan's release.'re communicating that back, once again, to our own country, that we want to see these negotiations with no preconditions. because the time is now to do this. andrea, we were there -- and i'm very proud and pleased that congressman sam park from california, and congressman gregory minks from new york, all visited allen and concluded the same thing, that we had to get this on track. that we need to be the facilitators so we can move forward. make sure that all of those issues that are of concern to cuba and to the united states are put op the table. >> now, when you say no preconditions, you mean that you don't want the cubans to be demanding the release of some of their prisoners here? and you don't want the u.s. to demand any change in their policy? you want this to be negotiated as a stand-alone question? >> absolutely. that's the only way we can resolve this. that's the only way we can move the ball forward. hopefully the united states understands with four members of congress, once

[applause] >> alan? >> no. nsa gets american telephone providers, the billing records of american citizens. what happens to the billing records is actually really important. i didn't make this phrase of the but i'm going to use it. they are put in a lockbox. they are put in a lockbox at nsa. 20 people at nsa are allowed to access the lockbox. the only thing in this is allowed to do with the truly digital unit record data field sitting there is that when they have what's called a signal, a seat of a which a reasonable our digital suspicion that that seed number is a fully with al-qaeda, the role of a safe house in yemen, you've got pocket litter, there's the al-qaeda membership card, he's got a phone you've never seen before. gee, i wonder how this phone might be associated with any threats in the united states? so i'll be a little cartoonish about this at nsa gets to walk up to the transo transit and yel through the transom and say, hey, anybody here talk to this number i just down in yemen? and then this numbe

alan, paul. primer par de ximenitas. las demÁs, las van a tener que volvera voltear. alan.rescate que se encontraba cerca cuando un testigo pidiÓ ayuda al 911. socorristas dicen que es un milagro que michael adams haya sobrevivido aunque sufriÓ heridas graves. desde 2040 personas han muerto en la misma ladera de la montaÑa. amanda, el primer huracÁn de la temporada en el pacÍfico, podrÍa causar la formaciÓn de tornados en el este de mÉxico segÚn los especialistas y la humedad proveniente del ciclÓn crearÍa las condiciones para que se produzcan tormentas elÉctricas, granizo y torbellinos en el norte de coahuila, nuevo leÓn y tamaulipas. alcanzÓ categorÍa cuatro y se desplaza por el ocÉano al sur del cabo san lucas. estamos siguiendo muy de cerca la trayectoria de este ciclÓn y por supuesto tenemos detalles esta tarde en su noticiero univisiÓn pero por lo pronto, hay mÁs, aquÍ en "despierta amÉrica". vamos con 3 galanazos. >> oigan chicos, ¿quieren ir a miami beach? >> sÍ. estamos de fiesta. vamos con ximena cÓrdoba. >> me encanta. >> ay amiga. las toallas son artÍculos que u

alan mulally is stepping down. we'll talk more about him in a minute but what will consumers see going forward? >> i think you will see the same positive one ford plan. you have to remember when the turn around of mazda happened in 2000 when they put mark fields in charge who was only 39 years old. as a ford executive who was able to turn around mazda. he will use a lot of that same talent he learned as well as what he learned from alan mulally to make ford just as talk sesful if not even more. >> mentioned mark fields. he is the new leader in charge from ford. let's hear from him. here is what he had to say about being named company president? >> the first order of business is obviously to have a great transition over the next couple months but then again, continue to say relentlessly focused on implementing our one ford plan. an bringing even more great bringing more great products an innovation with top quality to the marketplace. that is our sole focus. and that, we'll not skip a beat. gerri: the one ford, laur

alan wang is at the coast with the story for us. alan? >> a sad sight, but it is a rare sight. we are just a few miles north of pillar point where the whale carcass washed up on the rocks just off highway 1. a state park ranger identified it as a young baby humpback whale about 25 to 30 feet long. you are looking at the whale on its back and you can see throat toe throat to expandat and contract and it can take in huge amounts of water when it is feeding. they spotted the dead whale floating in half moon bay around 3:00 this afternoon. it was in front of sam's chowder house and drifted toward the rv park where it washed up. >> everybody in the rvcerned abt was concerned about where it was going to end up and how it was going to smell up the place. everyone was stoping on the side of the road and it was quite an event. there were a couple hundred people out here watching. >> the california academy of sciences says it is coming out tomorrow to examine the whale and eventually do a necropsy to figure out how it died. and it is their responsibility to dispose of the carcass which m

abc7 news reporter alan wang is live in one of them, san lorenzo, with the story. alan? >> dan, this massage parlor and the others are red tagged which means they are closed until the courts can make a decision. no johns were arrested, but they saw a few men trying to walk in while the raid was in progress and realized what was going on and quickly tried to shuffle away. >> we thought it was a regular massage parlor. >> not uh -- according to the district attorney. they said it was one of 13 east bay brothels busted today. an insurance broker next door heard the police storm the massage parlor. >> they were yelling about the search warrant. i thought i heard them say someone was nude. >> other employees say the arrests were not surprising at all. >> it was so obvious what was happening in there. >> what were you seeing? >> just men coming in. no women. >> the district attorney's office says the operation that involved 400 officers was triggered by community complaints. >> what we have been able to accomplish is to attack these businesses in an innovative and comprehensiv

alan wang is at the coast with the story for us. alan? >> a sad sight, but it is a rare sight. we are just a few miles north of pillar point where the whale carcass washed up on the rocks just off highway 1. a state park ranger identified it as a young baby humpback whale about 25 to 30 feet long. you are looking at the whale on its back and you can see the grooves on its throat that allows the throat to expand and contract and it can take in huge amounts of water when it is feeding. they spotted the dead whale floating in half moon bay around 3:00 this afternoon. it was in front of sam's chowder house and drifted toward the rv park where it washed up. >> everybody in the rv park was concerned about where it was going to end up and how it was going to smell up the place. everyone was stoping on the side of the road and it was quite an event. there were a couple hundred people out here watching. >> the california academy of sciences says it is coming out tomorrow to examine the whale and eventually do a necropsy to figure out how it died. and it is their responsibility to dispos

why is he wrong, alan? >> well, look, david tepper is hard to argue, but i am reading a book called "think like a freak." in the book i was reminded of this, this morning they analyzed -- there was a report that analyzed 6,000 stock predictions over the last ten years. and about 40% of them came true. so the prediction business is very, very difficult. especially in a time where there is so much mixed economic data. beginning this year everybody thought bond yields would be higher right now. they're not. the prediction game is very, very difficult, that is for sure. >> so alan, why stocks? >> because there is nowhere else to put your money right now. for as long as the fed is going to keep interest rates low, just last week yellen said they will keep interest rates low for at least a lengthy period of time. there is nowhere else to put money right now. so let me ask you this if you can put money in a treasury and get 2 and a half percent for ten years does that sound like a reasonable investment? a lot of i

alan knuckman of one stop option joins us. hello alan! > > hi there. > > in a soft consumer electronics market like we've got, what is best buy doing right? > > well it's hard to figure out this stock. they were one of the best performers in 2013 but they made a high in november of 44 and got knocked all the way down to 22. so best buy got a black eye. i don't know what's the future for electronics but i do understand risk to reward, and at these levels and the low at 22 and we're trading right now at 27 or so, i think it's a good risk-reward value at these levels. > > but alan why would you invest in a corner of the economy that is not doing very well even among its competitors like h.h. greg? > > well these guys can figure it out-- they did last year. i think there's still some value there, they are the leader so they have that ability there, but looking at it technically is where my attraction is. it's been trading between 28 and 22 essentially, 28 and 24 so that $4 range targets a break out to 32, trading on the sideways range, and ag

alan. when you get a second, down what this is about?unity to talk to [ bleep ]. >> no, i haven't heard from her. >> you told me to give her a call. concerning you guys getting married. all that type of stuff. well, i had called her. and when talking to her, she sounded pretty upset. and i had asked her if she was still interested in getting married. she said, married? i said, yeah, alan's been wanting to get married for a while, i understand it. i want to see if you guys would still like to get married. she said, in emphatic terms, "absolutely not." so i don't know how all that sits. apparently she's upset. did you know that she didn't want to get married? >> yes, she's the one that asked me. you know what i'm saying? she told me to put in the application for the marriage. that's the reason why i come to you and asked you, you know, about -- about going about getting married. >> what do you think changed her mind? >> i have no idea. >> she's noticeably upset. yeah. yeah. probably need to straighten that out, whatever miscommunication mi

alan wang is at the coast with the story for us. alan? >> a sad sight, but it is a rare sight. we are just a few miles north of pillar point where the whale carcass washed up on the rocks just off highway 1. a state park ranger identified it as a young baby humpback whale about 25 to 30 feet long. you are looking at the whale on its back and you can see the grooves on its throat that allows the throat to expand and contract and it can take in huge amounts of water when it is feeding. they spotted the dead whale floating in half moon bay around 3:00 this afternoon. it was in front of sam's chowder house and drifted toward the rv park where it washed up. >> everybody in the rv park was concerned about where it was going to end up and how it was going to smell up the place. everyone was stoping on the side of the road and it was quite an event. there were a couple hundred people out here watching. >> the california academy of sciences says it is coming out tomorrow to examine the whale and eventually do a necropsy to figure out how it died. and it is their responsibility to dispos

otro. >> ¿dÓnde estÁ alan?cago, no sÓlo de chicago, de texas, hasta mariland, ay mi chicago >> mira tan rico. me llevaste y comimos rete rico. >> muchas gracias, si dios quiere, pronto los visitaremos. ¿quÉ vamos a cocinar hoy? >> tenemos una receta de picadillo a la mexicana. ahora estÁ todo el mundo con la emociÓn del mundial. nos gusta sentarnos, ver el partido. se puede comer en enchiladas, en lo que usted quiera pero lo primero que tengo que... dÉjenme mostrarles los ingredientes. tenemos 100% carne de res. mira. lo Único que quiero es que vean la carne. tenemos papas, zanahoria, tomate, chile poblano y consomÉ de pollo. vamos a subirle para que se asuste la suegra y vea cÓmo se cocina. >> yo soy tu asistente. ya sabes. > vamos a cocinar esto. unos 6 minutos bien cocinados. la carne tiene que estar bien cocinada a 165 grados fahrenheit y le vamos a poner las papas de una vez para que se vayan cocinando. zanahorias. todo esto puede ser al gusto. algunas personas les gustan con muchos vegetales. a otros, no.

abc7 news reporter alan wang is live at the space and science center in oakland. alan? >> carolyn, we have about a hundred people out here on the hillside. you can see the meteor shower -- we will turn off the lights. they are getting bept -- bent out of shape. let's see if we can see a falling star or not. astronomers say the meteors are moving about 12 miles per hour which is relatively slow. they will look like bright stars falling as opposed to shooting stars. we still don't know how spectacular this one will be, but early indications tell us it may be a good one. >> even before the sun went down radio waves were picking up 22 meteors per minute falling from the sky. midnight is the peak time to watch. >> if it is 100, 200 that would be a typical meteor shower. if it is a thousand we will call it a meteor storm and that will be spectacular. >> a new meteor shower can now be seen from earth because its comet, the smaller red orbit passed too close to june per's -- jupiter's orbit. it tugged at the comet and changed its course. >> now the comet's orbit itit ae ss thro

alan, how is she doing? >> dan and ama, the 9-year-old girl was taken to the er here, and we are told her injuries are not serious. the school district says she may have had an argument with that woman's daughter, but the motive behind the attack goes much deeper than that. >> parents at laugh lafayette elementary school are finding out a mother attacked a girl with a hammer at 10:30 in the morning. >> that's very scary. i would have taken my daughter out right away. that's scary. >> but the oakland school district officials say the woman concealed their hammer until they lured the third grader into the restroom and struck her several times. she was taken to hospital with nonlife-threatening injuries. >> the child was conscious during this pros vees and in remarkably good spirits. >> the school district identifies the woman as a well-known volunteer at the school. they are new immigrants from yemen. >> there is some sort of family food and it was perpetrated as one of vengeance. >> they are now in the alamed

abc7 news reporter alan wang is live at the space and science center in oakland. alan? >> carolyn, we have about a hundred people out here on the hillside. you can see the meteor shower -- we will turn off the lights. they are getting bept -- bent out of shape. let's see if we can see a falling star or not. astronomers say the meteors are moving about 12 miles per hour which is relatively slow. they will look like bright stars falling as opposed to shooting stars. we still don't know how spectacular this one will be, but early indications tell us it may be a good one. >> even before the sun went down radio waves were picking up 22 meteors per minute falling from the sky. midnight is the peak time to watch. >> if it is 100, 200 that would be a typical meteor shower. if it is a thousand we will call it a meteor storm and that will be spectacular. >> a new meteor shower can now be seen from earth because its comet, the smaller red orbit passed too close to june per's -- jupiter's orbit. it tugged at the comet and changed its course. >> now the comet's orbit takes it around

and alan krueger. >> he's going to be so bad. don't get him mad either, alan krueger.'t know, are you going to be here for this? >> sure. >> cfos of trulia. ameriprise asked people a simple question: in retirement, will you outlive your money? uhhh. no, that can't happen. that's the thing, you don't know how long it has to last. everyone has retirement questions. so ameriprise created the exclusive.. confident retirement approach. now you and your ameripise advisor can get the real answers you need. well, knowing gives you confidence. start building your confident retirement today. in a we believe outshining the competition tomorrow quires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities and see them through, we say: let's get to work. because the future belongs to those who challenge the present. >>> welcome back, everybody. our guest host today is banking on technology with his latest invest

alan wang is live with the story. alan, hundreds of people came out. >> dan, a lot of uc santa barbara students live in the bay area. since school is out, many gravitated to the vigil held on memorial glade. >> from one uc to another our hearts are are you. >> the grieving process at uc berkeley drew about 500 people. many were uc santa barbara students and alumni living in the bay area. >> i can't even imagine what it is like to be a parent who lost their child this last weekend. >> victoria shu, a roommate of katie cooper said they were polar opposites. sh awe reserved engineering assistant and cooper an athlete and sorority sister. >> we got along and she was great. for everything i did, she always loved me. >> our sorority motto is let us stedfastly love one another and i know katie would want us to do that. she had a a thousand watt smile and a water polo player. >> she was a student engineering student. >> those guys were the best guys. they were super goofy. >> they were -- it was organized to remember the vict