-becky: hello. -lemonis: i'm marcus. -becky: i'm becky. lemonis: becky, nice to meet you. becky: very nice meeting you. john: marcus, privilege. john brown. lemonis: john, nice to meet you. john: nice to meet you, sir. becky: thank you for coming. lemonis: the smell when you walk in here is awesome. john: it is. that's what everybody says. lemonis: and so, is this whole warehouse -- is all the manufacturing? john: it is. everything is in this 3,500 square feet. lemonis: well, why don't we take a look around? john: please. please. this is our storefront. we have an extremely loyal customer base. people are coming in buying 7, 8, 9, 12 bags of coffee. there's a lot of locals that live maybe 20 miles from here. they don't want to drive the downtown, so we do ship. becky: we're in whole foods and earth fare and fresh market, as well, so they can just pick it up at the grocery store. -lemonis: oh, you are? -john: yes. lemonis: that's nice. who got that account? -becky: the previous owner. -john: previous owner. lemonis: and what will the entire business do? john: we did $840,00

, becky, becky. >> and he was convinced that he was helpin' me. >> reporter: becky told investigatorsstuffed them in his backpack. and she drove him back to her office. and then they later showed up together at the crime scene, pretending to know nothing, but alarmed that kay was still clinging to life. >> the next conversation that christopher and i had was at the hospital. when i talked to him and i was cryin' and he said not to worry about it, that everything was gonna be okay. and i told him i didn't know what to do to help him. he said i didn't need to do anything, that he was gonna take care of everything. and i told him i was scared. >> reporter: after that, becky said she and chris worked together to throw investigators off the trail. which meant that shooting at healing hands was a total setup. >> it was christopher. >> he was the guy in the bushes. >> he was the guy in the bushes with the gun. >> reporter: chris had shot his own mother. a ruse to throw off the cops. and a bumbling one at that. becky said their plan was for chris to shoot and miss. >> he didn't mean to shoot

i'm becky quick. from the battlefield to the board room, the unique program to help vets hone their skills and find jobs. swiss bank secrecy. the story about how one man helped shine the light on mysterious world of swiss banking. he went to jail. why he says his reward of $100 million just isn't enough. >> i think i did something very extraordinary, unprecedented, historic. >> behind the lens and behind the lines. one war photographers remarkable story. and how social media is changing what she does. and helping veterans make the most of their money. benefits for those who serve, "on the money" starts right now. >> this is "on the money." your money, your life, your future. now, becky quick. >> here's a look at what's making news as we head into a new week "on the money." the all-important housing market may be seeing signs of life. housing starts actually jumped to an eight-year high in april. builders started work on 1.14 million homes last month. that was up more than 20% from march. and the most

becky?> warren buffett owns shares of all of berkshire's big four investments before the current ceos took office. these are the four big ceos of four big chip companies that berkshire hathaway is the primary investor. the leading intresvestor in. of these four only one was not here before before buffett started buying. ceo who was ceo elect when it was first announced that buffett accumulated a significant stake. i asked jenny what she thought when she heard that buffett was buying into the company. >> i had just been named. it maybe had been only two weeks or something at the time. and when we had found out and, obviously, i called him that minute to talk to him. and couldn't have been -- >> smiled a little bit. >> i smiled i'm still smiling. so i remember i immediately called because obviously, i had just been named and actually had not been effective yet. but i would be the one who would have a long-term relationship with. and he couldn't have been more complimentary and, of course it's

i'm becky quick. looking for love in all of the right places, how tech has replaced bars and first dates. >>> billionaires giving it all away. where bill and melinda gates want their money to go. why boomers are striking the riekt cord, and how the world of job hunting has changed. the best websites and strategies to use if you're looking. "on the money" starts right now. >> your money, your life, your future. >> here is what is making news as we go into a new week "on the money" the economy created 223,000 thousand jobs in april, that was about in line with estimates. and the unemployment rate dropped to 5.4%. that is the lowest evil since 2008. that nice sent stocks up in early trading on friday after a choppy week and continued to rise at the close. mortgage rates are starting to creep up, a 30 year fixed loan is now averaging 3.8%. that is still historically low, but up from 3.68% a week ago. >>> and jet blue will be flying out of new york's kennedy airport to panama. there will be additional flig

now back to becky in omaha. becky beck. did you bring your hair person. >> did i what --?o my friend hilda is here an came with me this morning and angie has done my make up. i'm all set. >> and you have the lightning. >> got the lighting. you're jealous. well, this weekend's meeting is all about berkshire hathaway's businesses and we get a good snapshot of the overall economy here in the united states. they do have international aspects too but when you really want to know what's happening you get to talk to warren buffet about what he thinks is happening in the economy. we asked him what he made of the latest gdp figures. they showed 0.2%. it was bigger slow down than anybody was expecting and when you get numbers like that it has a lot of people starting to question what's going on in the first quarter. you look over the last five years and it's been lousy numbers. over the last 25 years the first quarter has been unreasonably slow and has people starting to question the veracity of those numbers. >> i think people are getting pretty optimistic three or four months ago

thank you for joining us today. >> great to see you, becky.nks for having me on. >>> up next, we're on the money, taking a look at the economics of space exploration. it is star talk with neil de gross tyson. >>> and later, balancing a checkbook, learning about credit. what every high school and college graduate should know before they go into the world. their money and their future. s kids, now what? let's build a new, smarter bed using the dualair chambers to sense your movement, heartbeat, breathing. introducing the sleep number bed with sleepiqtm technology. it tracks your sleep and tells you how to adjust for a good, better and an awesome night. the difference? try adjusting up or down. you'll know cuz sleep iq™ tells you. only at a sleep number store where you'll find the best buy rated mattress with sleepiq technology. know better sleep with sleep number. >>> space has been >>> space has been called the final frontier, but it is one long stop on the journey for astrophysicist neil degrasse tyson and communicating science to the public.

now, becky quick. >> here is a look at what is making news as we go into a new week "on the money" america's economy contracted in the first quarter of the year according to the latest government data that strange by 0.7%. that is not as bad as economists predicted, but it was revised down from.2% growth. the nasdaq his a new all-time high on wednesday on the holiday shortened week, but it lost the gains on thursday. the dow was down on thursday as well after a terrible day for china's stock market. >>> pending home sales hit a nine-year high in april. the number is a sign of the strength in the housing market. they were up 3.9% ff the month. that was well above expectations and at the highest level since may 2006. >>> and google will soon allow you to buy things directly from the search page. facebook and twitter already have similar functions on their pages. >> at city will be in minimum wage substantially. it will be $15 an hour by 2020. joining us right now is former labor secretary robert reich who is now a professor at the university of california berkeley and his documentary is now pl

that is the show for today, i'm becky quick. thank you for joining us. next week the business of love online. we'll be talking to eharmony there's over two hundred thousand students in philadelphia. jim kenney and tony williams are fighting over public schools versus charters. i think they're both wrong...it's making sure they all get a good education. teachers should have their contracts respected. they also should be held accountable. and it's wrong philadelphia gets less school funding than other parts of pennsylvania. i'll work with harrisburg to change that. but if they refuse, i'll take them to federal court. as mayor, i'll do what's right for them. i am never getting married. never. psssssh. guaranteed. you picked a beautiful ring. thank you. we're never having kids. mmm-mmm. breathe. i love it here. we are never moving to the suburbs. we are never getting one of those (minivan). we are never having another kid. i'm pregnant. i am never letting go. for all the nevers in life, state farm is there. >>> ready, set, run. 40,000 runners are getting rea

that is the show for today, i'm becky quick. thank you for joining us. next week the business of love online. online. we'll be talking to eharmony dude totino's blasted rolls. sweet. totino's blasted crust rolls... yeah. flavor at full blast you say avocado old el paso says... zesty chicken and avocado tacos in our stand 'n stuff tortillas . (record scratch) you say stand n' stuff tortillas old el paso says... start somewhere fresh >> the bruce jenner interview still dominating the news. hi even welcome to "access hollywood", i'm billy bush. bruce jern told dianne sawyer sitting on the story gold miniall the while avenues part of keeping up with the kardashian. now the truth is out so much of what bruce has said in the past takes on new meaning. we dug that the bruce archive and begin with 1996 interview celebrating the 20th anniversary of historic olympic triumph. >> fortunately very large family. a lot of kids. a lot of car pool. yes we have teenager girls this i'm dealing with right now full-time job right there

becky was always serious. i love that. was so responsible but jedd was like a -- more like a corn ball, more like me, a goof, always smiling, always wanted to have fun. all he wanted to do was have fun. becky was like my mom or something. more like my mom than my daughter. my mom if my mom was responsible. becky was more responsible than my own mother. what am i going to say? what am i going to say about becky, she was great. it's weird to have a little girl that's so responsible. it's weird. jedd wasn't. he did the smart thing, bail, worry about yourself, take care of number one. becky didn't have that spirit. she didn't have a take care of numero uno mentality. she had a never leave a fallen comrade, even if it costs you your life, which it did. which it did. >> over in the women's wing of the jail, mary kay concepcion has just had her 26th birthday but it also marks the death of her 2-year-old son, fox. concepcion and her boyfriend are both awaiting trial for his murder. >> i'm waiting at home for that anniversary. for

>>> hi, >>> hi, everyone, i'm becky quick. america's disappearing middle class, a new move by a big city restore it or help kill it off. >>> a race to the finish, the incredible story behind american pharaoh's bid for the triple team. >> it's history, 141 winners, i'm one of them. i still can't believe it, okay? >> get what you're worth at your job. don't apologize if you're not wrong and manage a work/life balance. words of wisdom from mick ka a brzezins brzezinski. >> having the money talk, "on the money" starts right now. >>> here's a look at what's making news as we head into a new week. america's economy contracted in the first quarter of the year according to the data on the gross domestic product. believe it or not that's quite as bad as economists predicted but it was revised downward from the original number of 0. 2% growth. it is the broadest measure of the size and strength of the u.s. economy. the nasdaq hit an all time high but lost those gains on thursday. the dow was down on thursday as well after a terrible day

>> i tell you, becky. the kind of fun thing is you know intelligence is important. you can't give themm an iq test. two people married need to be in one standard deviation. we have to ask the questions that get intelligence so we can pair people up so that they won't find themselves feeling hurt because the other person is saying things they don't understand or frustrated because they're saying things that the other person doesn't understand. >> you know, what you did was so unique at the time. when you came out with it, i remember from the adds it was like seeing an old friend. today there seems like there's so many crazy competitors. things like tender. how do you compete with players like that out there today? >> we kind of like tender is out there. e harmony takes things very seriously. as i said, we ask a lot of questions. we take great interest. our divorce rate is 3.8%. it's way below any other online dating website. >> what about people looking for someone of the same sex? when they're trying to do that on eharmony, why not hahave a se site? >> that being su

blake, congratulations. >> thank you very much, becky. up next, we're on the money. fr convict to multimillionaire. e longest running tax evasion scandal in history is not there yet. the photographer that built a career on the pictures that tell more than 1,000 words. as go to a break, look at how >>> you may not have heard of bradley birkenfeld, but the interm revenue service and other agencies are well aware of who he is. he is a former private banker for a swiss bank. eamon javers is here with the story. >> bradley birkenfeld hat dozens of accounts kept hidden from the u.s. government. he blew the whistle on the experience and he endured highs and lows along the way. his story is not over yet. bradley birkenfeld is taking a victory lap. >> i think i did something extraordinary, unprecedented, and historic. >> for the first time since collecting a massive payout, he is talking about how he became embroiled in and then blew the whistle on the longest running evasion scandal in history. >> you c calcu the amount of money -- >> he was instrumental in the untraveling i

becky quick will be along with the rest of the show in a few minutes. ceo pay, do they make too much? toddler tv, channel for your little ones. is it a good idea? and the woman that doesn't want to think about it any more. why this advertising executive wears the same outfit to work every day. if you're worried your dream summer vacation could turn into a nightmare, the one thing you could do to make sure that doesn't happen. "on the money" starts right now. >> your money, your life, your future. >>> here is a look at what is making news as we head into a new wk "on the money." american c took a breath last month and that is not good news for the economy. spending is always important because consumers make up more than two thirds of the u.s. economy. analysts say bad weather is at least in part to blame. stocks didn't seem to mind. by thursday the s&p 500 hit a new record, and stocks were mixed on friday. >> verizon is opening up their wallet buying a.o.l. they are hoping to start pulling in ad revenue from their online and mobile presence. you might re

blake, congratulations. >> thank you very much, becky. up next, we're on the money. fr convict to multimillionaire. e longest running tax evasion scandal in history is not there yet. the photographer that built a career on the pictures that tell more than 1,000 words. as go to a break, look at how we live in a pick and choose world. choose, choose, choose. but at bedtime? ...why settle for this? enter sleep number... don't miss the memorial day special edition mattress with sleepiq technology. sleepiq tells you how well you slept and what adjustments you can make. you like the bed soft. he's more hardcore. so your sleep goes from good to great to wow! only at a sleep number store. save $500 on the memorial day special edition mattress with sleepiq, plus 36-month special financing. ends monday! know better sleep with sleep number. >>> you may not have heard of bradley birkenfeld, but the interm revenue service and other agencies are well aware of who he is. he is a former private banker for a swiss bank. eamon javers is here with the story. >> bradley birkenfeld hat d

back to you. >> becky, thank you for that.l have a translator apparently and court appointed attorney. no word of when he will appear in court. washington post is furious about this. >>> breaking news this morning, deadly storms barrelling through central united states. at least six people killed and a dozen more missing. there are more storms on the way. we will have the story next. i' ridee. i've had moderate to severe plaque psoriasis most of my life. but that hasn't stopped me from modeling. my doctor told me about stelara® it helps keep my skin clearer. with only 4 doses a year after 2 starter doses... ...stelara® helps me be in season. stelara® may lower your ability to fight infections and increase your risk of infections. some serious infections require hospitalization. before starting stelara® your doctor should test for tuberculosis. stelara® may increase your risk of cancer. always tell your doctor if you have any sign of infection have had cancer, or if you develop any new skin growths. do not take stelara® if you

jane, good morning. >> hey becky. uber. someone had to be the uber for drones and nearly $25 million and we are in san francisco at sky catch. >> so i'm going to arm the machine. arming. >> while the faa figures out what to do about drones the number of businesses wanting to use them is exploding. matched by the number of pilots able to fly them. >> i'm probably 50 feet above the roof. >> now, a company called sky catch matches the two with work mode, an uber for drones. need a drone for a job, a pilot will respond. >> this is the opportunity for pilots to get in. and start creating their own business. >> sky catch trains pilots and has already certified nearly 1,000 of them including tom. >> it's still very new industry. there's not that many people who realize what the capabilities are. it's been great to have them help me find work. >> regular monitoring of construction sites lets them compare progress against plans. each flight costs from 400 to $1,000. >> if we didn't have work mode we would have had to buy our o

>> listen if i, this is what you include, becky.n, then you can conclude that i think i'm the best person to do it. one thing i will say is this you know we shouldn't take it on faith this time. we should nominate someone who has actually won. who has actually won in a difficult situation. one of the things that i think recommends a candidacy by me is having won twice in new jersey. you know we look at what the political situation is like over there. and it is it is a brutally difficult one for a republican yet i got 61% of the vote for re-election. so, you know and what matters is when you're campaigning. your polls will go up and down based upon other events and mine have and they're down at the moment and they'll go back up again based on events. when you're in a campaign mode and selling yourself to the people who you're asking to vote for. that's when you can best determine what that person's ability is to appeal. >> the very first debate is in august and they're already saying they're going to look at ten candidates. they have

we get more from cnn's becky anderson. >> it is the gold embossed invitation seldom refused. a dinner date at the white house. yet, of the six arab countries invited to sit down with the president, only two are sending their heads of state, qatar and q 8. ill health was always going to keep oman and the aue sheikh ka alisha fa away. the biggest no show is saudi arabia's king salman aziz. saudi officials say he's staying in riyadh to oversee a cease-fire supposed to go in effect in yemen tuesday. the white house has sought to downplay any rift with riyadh or the other gulf countries, noting that saudi's crown prince and his defense minister would be at the meetings but that hasn't stopped speculation that monarch is snubbing the president, but a closer look at those who will be in the room may paint a more nuanced picture. the gulf region is currently undergoing a generational transfer of power. meaning leaders like the saudi crown prince mohammed defense minister mohammed bin sallman or the premier are key power brokers who shape jcc relations with the west now and into the f

. >> reporter: the recipients of becky's hand-knitted kindness are baby birds. >> can you imagine one little ity bitty bird in this thing. >> reporter: becky started knitting bird nests a year ago after san rafael's wild care animal hospital put out a call for nests to help with all the orphaned baby birds coming in. >> about a year ago there was a front page article in the local newspaper calling knitters to knit for birds. >> reporter: it didn't take any other nudging to get knitters to press their needles into action. >> this year this is about 100. >> reporter: birds aren't very different than humans they just want a warm place to lay their head. >> this helps us reduce our waste so we're not lining our nests with paper towels. it helps keep them nice and warm and cozy. >> reporter: and with that coziness in mind the knitters knitted and knitted and knitted, until pretty soon -- >> we had people knitting and sending us nests from australia, even iraq. >> reporter: they got so many nests, it couldn't hold them all. >> we put out the call to other centers across the country, and any

back to you. >> becky, we will neat your debate when this heats up. from omaha, becky quick. we heard warren buffett defend his strategy for ibm and coca-cola. what he calls the big four. what other names should you be watching. our chief investment strategist was at the shareholder meeting and david katz joins us as well. the chief investment officer with matrix asset advisers. good to see both of you today. i want to talk about the big four. the strategy of doubling down and ibm adding more shares in a company that was the under performer and the out come looks unclear. it is a big dividend play with the hike last week. how do you see an investment like that and should they replicate what buffett is doing? >> i think buffett explained it very well and even becky was talking about it. he is interested in five to ten years from now and i think he has gotten more comfortable with ibm in the sense that it's much more of a services play than ultra high technology play. that gives him the feeling that it is a durable franchise and certainly has a history of being a durable fortun

i'm becky quick in omaha, nebraska and on monday we'll have extended coverage of that meeting. >>> target communicati posted a wider than expected watch and that is where begin tonight's focus. in march, costs from the mailed merger from the comcast and time warner cable merger shares were up. sales of prescription drugs helped cvs and that helps impact stopping to sell tobacco but they stel below forecast but still the stock was up 1% to $146. and it was a busy day. core vex is taking a stake in yum brands and also dan lobe's third point took new positions in yum and devon energy. this is according to a letter sent to invests. devon rose a fraction to $68.61 and yum popped 7% to $91.90. >>> and a judge has ordered american express to let merchants steer customers to other forms of plastic. now am ex can't stop stores from offering discounts for using lower fee cards. the payment company will appeal the company saying it will hurt competition. shares were up slightly to $77.68. >>> as we head into the spring weekend, house hunters are on the prowl. and while we're still in the early sprin

. >>> up next, becky is back with more on the money. >>> and should your baby learn his abcs from tv? pediatricians and parents are not agreeing with this one. we'll have more on this baby first tv. >>> and later, it's greoundhog day every day for one worker. hear why she wants to wear the same thing every day. >>> and before we go to break look at how the stock market ended for the week. behind this door there's a scientific genius at work... my daughter. it all started when she got a dell 2-in-1. it's a tablet when you want it and a laptop when you need it. dell 2-in-1s with intel inside have everything you need to learn and do just about anything. whoah! genius. like father, like daughter. dell inspiron 2-in-1s. starting at $399.99. buy select pcs for $699.99 or more and get a free 32" tv. ♪ >> that is >> that is a video by the first 24-hour infant channel, baby tv. they have capitalized on it by taking it to the diaper stage for babies more than six months old. should parents be concerned or is the no-tv rule just out of touch. joining us is the baby's first co-founder, sharon rec

becky quick spoke to the world's most famous investor and has more from omaha. >> the most frequently asked question of warren buffett, where is the stock m it headed from here. something that he's called occasionally over the last 60 years in his career but right now he says that's much more difficult to do and that's beca it all depends what happens to interest rates. >> the market amidst normal interest rates is on the high side of valuation. not dangerously high but on the high side. on the other hand if these interest rates were to continue tore ten years stocks would be extremely cheap now and one thing you can say is that stocks are cheaper than bonds. >> one of the companies that you told me you've been buying more stock in is ibm. you told me that on saturday. in the first quarter you bought more shares. we'll see that coming out in s.e.c. filings soon. >> ten years from now, they'll be earning a fair amount more money than they are now and i think they'll have a fair amount fewer shares so our percentage ownership will be up and i think we'll make considerable money. i can a

i'm becky quick with joe kernen and andrew ross sorkin.ur guest host today has a new book out today about america's role in the world. we do have a lot to talk to him about in a few minutes. thank you for being here. a developing story out of california today. environmental clean up crews responding to an oil spill in santa barbara county. coating rocks and sand along a portion of the beach. officials say about 21,000 gallons of crude oil left an oil slick about four miles wide. that came from a ruptured pipeline on shore and hasn't stopped at this point. crews are trying to contain the mess. right now let's get to the market business of the morning. you can see this morning the futures are missed. up by 5.5 and nasdaq down by 0.5. >> they say the country will not be able to make an imf payment due without it's international lenders. the euro hitting a two week low on renewed concerns about athen's debt and in corporate news the justice department expected to announce a settlement with five of the world's biggest banks. they're accused of

i'm becky quick with joe kernen and andrew ross sorkin. texas and oklahoma are two of the hardest hit states. yesterday was the wettest day in the history of austin and houston. dozens of high water rescues. 8 people have been declared dead and 12 people are missing in connection to storms from texas to oklahoma. more than 30 million americans are told to brace for more dangerous thunderstorms which could bring additional flooding hail and possible tornadoes. right now let's get to the markets. u.s. equity futures this morning, look at this point, like they're a little bit underwater. dow futures down by 42 points. s&p futures off by 6.5 and nasdaq down by about 20. >> let's get to the other story of the morning. >> charter communications buying time warner cable for $195 in share in cash and stock. that deal is about $55 billion. they rejected charter last year instead going for the comcast transaction. today's news comes after months of speculation and after contrast dropped it's $45.2 billion merger agreement over antitrust concerns. th

. >> reporter: becky took up the knitting needle long ago. >> when i was a child i started knitting. these are crocheted ones. >> reporter: her family is not constantly getting gifts of scarves and sweaters. >> i don't do sweaters. i just do nests. >> reporter: the recipients of becky's hand knitted kindness are baby birds. >> can you imagine one baby bird in this thing. >> reporter: she started knitting bird nests a year ago after the animal care center called out for help with nests. >> there was a front-page article in the newspaper calling knitters to knit for birds. >> reporter: it didn't take other nudging to get knitters to press their needles into action. >> this year this is about 100. >> reporter: birds aren't very different than humans. they just want a warm place to lay their head. >> this helps us reduce our waste so we're not lining our nests with paper towels and also helps keep them warm and cozy. >> reporter: with that coziness in mind the knitters knitted and knitted and knitted until pretty soon -- >> we are people knitting us and sending us from australia and iraq

here's becky worley. ♪ >> reporter: mother's day is tomorrow.ecial mother/daughter edition of "mom testers." we picked three moms and three new as-seen-on-tv products. will they be mom approved or mom disappointed? let's meet our moms. from newtown, connecticut. former abc newser, cara. from pennsylvania, krysti. and from portland, oregon, marybeth. first up -- >> you need a grab bag. >> reporter: a reusable shopping bag that clips to your cart. >> here. help mama. >> now we're going to start our shopping trip. >> reporter: krysti brought her mom along. >> i think they're great. >> reporter: marybeth thought it was durable. >> reporter: cara had trouble keeping inging the bags on the cart. >> i'm going to move it. >> reporter: they tell us that the wide range of carts used by retailers makes it impossible for one clip to fit every cart perfectly. this one gets two moms approved. one mom disappointed. next up, hot stamps and hot hues. >> the anything but ordinary hair accessory. >> reporter: known as the hottest new trend to add flair to your dau

>> it's a little scary, becky.0 households that were attempted to get into by the criminals here in this case. the irs says likely criminal gangs from around the world possibly that were involved in this. only 100,000 of those attempts though, were successful. the irs said that what was fascinating in this particular case unlike other hacks that we have seen these people actually had a lot of information on the accounts that they were trying to get into already. they had things like names, social security numbers and other information and they were able to use that to pose as if they were the taxpayers themselves and get copies of those taxpayers' returns. one of the pieces of information that i found stunning that they had was in some cases the i.d. questions. what was your high school team mascot. they said that they apparently already had that level of detail, possibly from scraping social media, things like facebook and other places where people put so much of their information out there on the web for all to s

i'm becky quick with joe kernen and andrew ross sorkin. last night a twister blew through a texas community and it was all caught on tape. take a look at pictures from wise county northwest of dallas. there was heavy thunderstorm activity. several tornadoes reported. the risk for severe weather across the middle of the country continues into this weekend and we'll have a live report from oklahoma a bit later this hour. that's where residents are dealing with the aftermath of tornadoes and flash flooding. before that let's take a look at the market. the u.s. equity futures shaping up to a positive day with the bulls if they stay for the early trends. s&p fauutures up by 3.5 and nasdaq up by 14. >> let's tell you the big stories we're watching this morning. the april employment report due at 8:30 eastern time. forecasters say the economy added 228,000 jobs last month. the unemployment rate is seen declining to 5.4% to a near 7 year low but of course there are lots of varying views on what this could all mean including some much higher estima

becky. who is katy perry? she's th

. >>> what is show by becky in omaha. welcome to "squawk on the street." already a busy news day. a new ceo at cisco, a turn around plan unveiled at mcdonald's. a big week for media and consumer earnings. the jobs numbers on friday. oil continue to toy around with $60. and then the ten year right about 2-1 this morning. our road map begins with john chambers stepping down from the ceo post at cisco by the end of july. chuck robbins is going to take the reigns. >>> mcdonald's unveiling a brad new turn around plan this morning focusing on innovations such as delivering breakfast all day. >> warren buffet issuing a word of warning about stock valuations and interest rates. we'll get to that. first up cisco has chosen its future leader goble operations chief chuck robbins, effective july 26th. chambers will assume the role of executive chairman and continue to serve as chairman of cisco's board. chambers joined in '91, ceo in '95. he's grown it to $48 billion in revenue. >> one of the longest running ceos of the billionaire companies. i think he's managed to navigate what no one else

i'm becky quick, along with joe kernen and andrew ross sorkin.re starting today with taylor swift takes away awards in top artist, top female artist and top billboard album and it's all about her bad blood video. it debuted last night's shows. it includes everyone from selena gomez and cindy crawford. take a look as what's been happening at u.s. equity futures this hour. you can see things have barely budged. dow futures down by 6 half a points below fair value. the s&p 500 closed another record high on friday. nasdaq down by 9.5. >>> one economic data point of note, the national association of home builders will release its housing market index for may. that's due at 10:00 eastern time this morning. a little bit of news out of chicago, charlie evans, he says the feds should aim to boost inflation by keeping interest rates near zero until early next year. evans is a voting member of the fomc and argues inflation has been running too low for too long. >> we just had him on. >> yeah. >> yeah. exactly. that's not new, is it? they have got the dual m

prosecutor becky holt opened for the state. a plan. murder his wife his plan was to get away with it. >> reporter: with no murder weapon found, the prosecution's case was built on that partial shoeprint. they knew now that jason once owned a pair of hushpuppies like these that matched the print. they were now missing. they also told jurors about the early morning visit to the gas station. and suspicious activity at the hotel. but the thrust of their case was this. jason young was trying in the most violent possible way to go out of a troubled marriage. >> were you aware of tensions in that marriage? >> yeah. i was well aware. >> reporter: meredith fisher michelle's sister lived near the couple. and for a period was cassidy's nanny. as the young's fights intensified she took on the role of marriage counselor too. >> what would you say were the main issues? >> michelle's main issues were jason being more responsible, understanding her more and, and his main concern was their lack of sex life. >> prosecutors called friend to the stand to

i'm becky quick with joe kernen and andrew ross sorkin. a large tornado touching down in the texas panhandle hitting a drilling rig. there was extensive damage and at least three injuries reported. flooding still a huge concern in texas as many rivers are above flood stage. thousands of homes have been damaged. the death toll is climbing and the search for the missing is growing. more residents are being asked to evacuate today and the rivers aren't expected to crest for another 36 hours. now to the market news of the morning, a big sell off in china overnight. the shanghai composite closing down 6.5% breaking an 8 session winning streak. catalyst seems to be more news that chinese brokerages have tighter marginal rules raising concerns about regulators having other things up their sleeves. things to slow down the massive growth we've seen over the last year. we'll have a live report in a moment. in the meantime if you're watching the u.s. equity futures markets were higher yesterday. there is a slight pull back this morning. dow futures d

becky? >>> we are just a little bit aaway from gdp data.ng by and steve liesman right here on set with us and, steve, let's talk about the expectations on this. you are -- >> expecting. see, it's real. >> nobody got to see that. >> it's real. >> so. >> nobody knows what just happened. >> it's part of our toupee challenge. but, steve let's talk about -- >> joe agreed to shave. >> hold on. >> for the right aamount of money. >> he would shave his head for charity. >> get it cut short so you can see it's all real. >> folks, if you want to e-mail in -- >> million dollar minimum. >> i'll shave it too, to double. we're looking for negative numbers and a lot of -- negative one is the cnbc tracking estimate. our guest here from barclays is part of it. we did some work yesterday and we can talk about it later. it makes total sense, the productivity numbers are also uniformally weak in the first quarter because the gdp numbers are weak. you can't believe that either. not in this report but the july 30th report of the second quarter gdp promising to ma

>> we'll hear more from becky in the next hour.ing up greece facing a major deadline this week and the country's future in the eu could be at stake. one of the top eu negotiators will join us on set next but first a look at yesterday's s&p 500 winners and losers. e announcer ] your love for trading never stops. so open an account with schwab. and when a market move affects, say a cloud computing stock you're holding, we can help you decide what to do. with tools that help you see how market activity is affecting your positions. so when the time comes to decide whether to scale in or scale out... you can make your move wherever you are. and start working on your next big idea. ♪ ♪ >>> greece and it's lenders working to resolve the debt crisis. joining us with what is happening behind closed doors is the head of the euro working group and part of all the negotiations with greece. you're the equivalent of cfo, if you will. is that a good way to describe what you do. >> advisor to the cfo, co. >> that's you. >> take us in the room. whe

>> the latter i think, becky. secret weapon weapon, our world class scientific advisory board. they know very in depth about all of the kinds of disciplines that are needed to focus on this because you can't, you can't be sure that any one of these different research for us is going to work for everybody. or even for everybody. fortunately, now it is. they are. gene therapy are working with a severe disease that affects children. they are born blind or go blind in early childhood. they are now over 100 people who have been treated with the gene a normal replacement gene therapy that has restored sight to almost all of them and it's significant ways. we'll hear more about that later. but because jean therapy can work only if you know the gene mutation and then you have to be able to deliver the therapy to the place that it is needed. that's one form of treatment. i think stem cell therapy is going to be very important where you can make a person, take a person's skin cell or blood, a cell from their blood dna and c