a reported issue, the customers complaining about the bendability, so extremely rare, he said.s head of hardware engineering. when it came to the iphone 6 and the 6 plus, he says they have never tested another product as exhaustively with this many tests as they did with those tests. so again, a unique insight into the lab, into how these products go through the test before they're available for purchase. back to you. >> did they basically tell you that not all iphone 6s bend? because they're calling it rare. and i'm just wondering what the point is of saying that it's tested. didn't find in their exhaustive testing that some iphone 6s actually bend? >> well, i guess the point here is that we see the reports of all this bendability, and i think their point is that it's an extremely rare occurrence, that there's only been nine out of 10 million that have come back. i guess that was the point they wanted to make, to make sure that people understand that they take those issues of strength and durability as seriously as they do about the size of the screen, the battery life. they w

apparently all of america is angry that it's bendable but not in a good way. >> you are also bendable, brian, if enough pressure is applied and the question for a lot of people is going to be, how bendable is the 6 plus under normal use. there's a video of somebody straining to bend his iphone 6 plus and he can. i think the issue is if you're wearing it in our front pocket or even your back pocket, will this bend. probably if your jeans are tight enough it will. the lesson i think here is that the 6 plus a little more like a tablet than a phone. you can't carry it in quite the same ways that you could a smaller phone. also apple making this thinner, hasn't reinforced it quite as much. we see these problems with apple redesig redesigns. there's always a criticism. there was antenna-gate. something else when the 5 came out. normally they don't affect sales. overall maybe people who might have gotten the 6 plus will get a 6 if they have tight jeans. >> maybe give them an awesome idea for the iphone 7 to properly make it bendable because you can sit down and it will fit your body perfectl

both of them are bendable. you took some heat on line. people calling you a fraud.e looking at the video. some people see that we show the bench phone, and has -- it has an earlier time frame stamp. can you explain that? >> the reason that i published another video after it was to put that to rest of the truth is that i bend multiple phones. i did not want to just bend one phone and then publish a video that would look conclusive. the results that you're seeing in the first video actually two separate bends. the first one was slightly overexposed. it was a question of editing the video together in picking a different take. but the results are identical. i have bent three now, each one bending in the same place. >> are test -- our test is in no way implying that his test was fabricated. what we found was that the human hand can import quite a bit of force. these phones do in fact bend. we did not put the force directly on the bottom switch, but you see that our phones and in the same -- bend in the same space. >> after i'm done with these in>> after i'm done with the

a bendable phone? consumer reporter erika gonzales breaks down the truth behind the iphone 6 flaw. >>> and jay gray reports flight delays and cancellations could last for weeks after friday's air traffic snarl at chicago's o'hare airport. we'll be right back. [ male announcer ] at northrop grumman, we've always been on the forefront of innovation. when the world called for speed... ♪ ...when the world called for stealth... ♪ ...intelligence... endurance... affordability... adaptability... and when the world asked for the future. staying ahead in a constantly evolving world. that's the value of performance. northrop grumman. why would you want to avoid them? because i don't want to... you know what? i'm gonna bring my maintenance guy in here to tell you all about it. roddy! so, uh, without your fee, your checking chamber can't run smoothly. every time you put money in, it causes, uh...deposit friction. gotta get some fiscal lube on there. [ male announcer ] it's time to bank human again. [ defeated] oka

the latest issues, a bendable iphone 6 plus. the aluminum case getting bent out of shape by those carrying the phone in their pockets and now a myriad of problems with the ios 8 update leading to lost cell and data service and stock down over the last couple days on that. >> dr. j. are you worried about this whatsoever? because while we have had a pull back it has been an outperformer versus the queues for this year. >> yeah. and i am. and to our scribers we put that out. a bunch of people were saying this is no big deal yesterday and the stock is down 60 cents. yesterday it wasn't a big deal. today i look at some of the videos and one in particular of the phone getting bent, the 6 plus getting bent. and that had 23 million views as of the start of this show. that's not just a casual interest. and that is not just putting it on television to grab some eyeballs here and there. those are interested people that want to see whether or not they should buy that device or whether they should put off the purchase. i think it is cool eno

it is made of aluminum, a bendable and soft metal. what do you expect? come on. >> exactly.e to wonder if this becomes a big issue for apple. >> the passport has launched a 4.5 inch square screen and a kweertty keyboard. president obama has priced the phone at $599, chaerer than the iphone 6 and 6 plus as well as the galaxy s5. we want to hear from you. >> exactly. what do you think of the new shape of the latest blackberry and will the price tag entice you to give up your phone? we've had a tweet would said not a chance he would go for the new blackberry, but i know someone that could, and that's you, seema. you've got three smartphones in front of you, two of which are blackberrys. why have you got three? >> i think there is an audience that appreciates the key brt. >> but why are you got three smartphones? >> i am in the interim stage of just moving and in the process of taking in such with people in the u.s. and here in london. therefore, you need three phones. >>> all right. we're going to leave you a look at how the futures are trading ahead of the open on wall street.

. >>> and the incredible, bendable iphone 6. has apple made it just a little too thin? >>> and the salute that has so many talking. but it's not the first time we have seen a preoccupied president. - ( snaps, clatters ) ) that sounds awful. ( music stops ) but a lot better than last week. ( rock music playing ) ♪ we weren't born to follow. ♪ >>> well, we're starting to see the first effects of the home depot data breach. buying pre-paid cards, electronics and groceries. they are on the hook, but they can cause inconvenience and hardship for customers. >>> big soda companies are going to cut the calories. all say the goal is a 20% reduction by the year 2025. they'll do it by offering more low and no calorie beverages. and smaller packages for the sugary drinks, and use marketing to help us choose the lower sugar. >>> usa today, the best of a bad deal. book right now. the cheapest day to travel is thanksgiving day. and saturdays on either end of the week. consider itineraries with connecting flights or driving to a bigger airport. >>> the new iphone 6 is more flexible tha

the bendable iphone 6 and glitches in the operating system.g up in the next half hour of "squawk box." opportunities aren't always obvious. sometimes they just drop in. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group: how the world advances. with the top speedou compare of comcast the top speed of business dsl from the internet... phone company well, there's really no comparison. why pay more for less? call today for a low price on speeds up to 150mbps. and find out more about our two-year price guarantee. comcast business. built for business. >>> welcome back to "squawk box," everyone. among the stories that we're watching this morning, workers at large los angeles hotels could see their wages rise to $15.37 an hour. this under a measure that has received preliminary approval by city leaders. >>> nutrasweet plans to site increasing competition. >>> and twitpic is shutting down today. they've been in a trademark dispute with twitter.

samsung flexes its tech muscle in the world's first bendable tv. >> welcome back. back to check the euro dollar, one-year low. an interesting element is does this seal the fate of the euro as a funding currency? will it encourage traders to borrow in euros in the best of proceeds and higher-yielding assets? potential one of 44 carry trades funded in euros tracked by bloomberg made many yesterday after mario draghi cut rates further. he said he will expand money supply by purchasing asset-backed securities. the latest decision by ecb cements the euro's position as a funding currency. the ecb is the first major central bank which isn't only pumping money into the economy but also penalizing tank for holding it. that means -- penalizing x are holding it -- penalizing banks for holding it. one-year low against the dollar after the big moves announced yesterday by mario draghi. headlines.e, top mario draghi has called for almost a trillion dollars in stimulus. the ecb president pledged to significantly steer the ecb balance sheet activity higher levels seen in 2012. and

, and you will find out why the number 46 is so relevant, and coming up on is the iphonet," 6 as bendable 6 plus. behind bending iphone videos joins us. at't miss "bloomberg west" 6:00 and 11:00 p.m. eastern, only on bloomberg. ♪ onthis is "taking stock" bloomberg. i am pimm fox. ingen has had increase demand, and according to the kentucky distillers association, over 1.2 million barrels were filled last year, the most in decades, and you can thank the chief operating officer of makers mark bourbon for that, and bourbon flows through his veins. his father founded it, and he is the eighth generation bourbon distiller. thank you very much. >> thank you for having me. >> your family history goes back quite a ways. if you can kind of give us an update on the participation. >> we made whiskey before bourbon, distilled from grain in scotland, and we started making whiskey in kentucky in the late really, reallyas bad whiskey, the kind that would blow your years off, and thankfully my grandparents shared a vision to do something that most in the industry thought not possible, with bourbon, elevat

john chen just said the passport is an bendable. -- is unbendable. >> i will have to get in touch with him. >> you looked like you were really pressing hard. >> somebody there should do the bend test right now. >> all right, here you go. cory is going to try. >> it is bending back. i am going to break it, not bend it. >> it didn't break. >> it didn't band. -- it didn't bend. [laughter] >> thanks so much. on box therapy. therapy, watch his video. [laughter] building blocks of blackberry's turnaround plan is the new passport smartphone. my interview with ceo john chen coming up next. ♪ itslackberry is pinning turnaround hopes on another new phone called the passport. it has a square-shaped screen geared toward professionals. it is all about blackberry's turnaround plan. will the passport be enough to satisfy investors and you and me? chen righth ceo john after he unveiled the new passport and asked why he chose this square shape. >> we talked to the customers and we looked at how they use and productivity and looking at the new style apps, the vertical apps, and we figured that the wider

firing back at critics who are pouncing on the company after a series of flaws with ios eight and new bendablephones. apple says the bending of the new phones is extremely rare, and it has only gotten nine complaints about it from customers. apple also says it conducts rigorous tests throughout the entire development cycle, and that both of the new iphones meet or exceed height all at the standards. but the stock took a major hit, falling nearly 4% today, dragging most of the nasdaq down with it. our apple reporter for tim higgins, and the ceo and cofounder who did his own tear down of both new iphones -- i started by asking him about what he found out in his tear down. >> when we started taking the phone apart, we found out they designed the phone to be easier to repair. they made some changes inside the phone to make it easier for repair shops or consumers that had problems or need to swap a battery to repair the phone easier. >> i understand you have a phone with you. what do you have? he will tear it down for us, on air. >> i have the iphone 6 plus, on air. there are two screws on the bott

the snafus with the iphone 6 and the fact that it's bendable. the updates, that did not help. they generally don't make mistakes, apple has been driving some of the market down. there is more than apple. theory 03 stocks on the dow. every single one of them was down. and about 95% of the stocks in s&p 500 were lower as well. >> there is something more going on here. why are investors pulling back? >> there is no single driver to the lower closes, but there is plenty to it. the dollar has gained 7% in the past three months, and remember that a strong dollar hurts american exporters because customers abroad have to pay more. that hurts the bottom line for a lot of businesses who do business abroad. and geopolitical climate in the world isn't helping. the crisis in the middle east, this apple thing did not help all that in. there were rumors earlier today that the iraqi government uncovering a plot to bomb subways in the united states, and in paris. you know, general economic malaise. markets riding high. with stock market up 35%. and these level when a bunch of things start to h

conference attended by apple's biggest contenders, a lot of folks seem inclined to be forgiving about the bendablehones. >> metal will bend if you put enough pressure against it. >> the laws of physics will prevail here. >> reporter: the consensus, big phone, soft metal, no surprise. we asked samsung. >> making a phone is not only about making the hardware. it's about making it with the right materials. there's material science. >> reporter: the v.p. told us they make sure the phone did ta-- the phone take a bea. >> we bend them a million times. >> reporter: watch what happened. >> this is amazing. with the same or maybe more force, this thing hasn't bent at all. >> reporter: then again, samsung's been doing the big phone thing for a while. malala yousafz -- a while. apple's just getting use to it. abc 7. >>> much more to come at 9:00. next, a plane crashes into a sonoma vineyard. what happened just before thing started going wrong. >>> also, the napa earthquake one month later. we'll show you what kind of progress is being made in repairing that downtown damage. >>> spencer christian is tracking

. >>> you heard about the bendable iphone problem but have you seen anyone did it on purpose? the new video that is a viral hit online. >> hot pursuit in a u-haul through southern california streets last ♪ [music] jackie's heart attack didn't come with a warning. today her doctor has her on a bayer aspirin regimen to help reduce the risk of another one. if you've had a heart attack be sure to talk to your doctor before you begin an aspirin regimen. we've put a fresh twist on classic desserts.ry, making them all new, any day treats. starting with cheesecakes, reinvented using thick and creamy traditional greek yogurt. then delicately topped with delicious fruit sauces. the twist? less than 200 calories. new dannon creamery desserts. cause life's better with a twist. ♪ dannon! also try our dannon creamery pudding range. >>> 6:22 with a look at the embarcadero and the bay. we have had drizzle. a taste of what is to come tomorrow. >> the driver of a stolen u-haul truck was arrested after a chase from anaheim to disney. the officers tried to pull over the u-haul with air air plates

it is bendable. but what if you could see more of what you wanted to know?ith fidelity's new active trader pro investing platform, the information that's important to you is all in one place, so finding more insight is easier. it's your idea powered by active trader pro. another way fidelity gives you a more powerful investing experience. call our specialists today to get up and running. [ breathing deeply ] [ inhales deeply ] [ sighs ] [ inhales ] [ male announcer ] at cvs health, we took a deep breath... [ inhales, exhales ] [ male announcer ] and made the decision to quit selling cigarettes in our cvs pharmacies. now we invite smokers to quit, too, with our comprehensive program. we just want to help everyone, everywhere, breathe a little easier. introducing cvs health. because health is everything. >>> blackberry unveiling it's new passport smart phone today. we have that story and as usual the phone. john? >> here is a passport. and here is the positive parass. it is the same size. so it fits in your pocket as well as a pass po rt does. this is $600 wit

. >>> apple is responding to criticism its new iphone 6 plus is bendable. the spokesperson says that with normal use the bend in iphone is extremely rare and through our first six days of sale a total of nine customers have contacted apple with a bent phone. the company is apologizing for glitches in its latest operating system. you're waiting for the iphone 9. >> the 8. then i'll jump in. >>> you probably could not have scripted a better final day for derek jeter, his final game at yankee stadium. take a look. >> big hit to right field. here comes richardson. here's a drop from markakis. richardson escapes. derek jeter ends his final game with a walkoff single. >> what are you going to miss most about this uniform and this place? >> everything. but most importantly i'm going to miss the fans. they're what made this special. >> what a night, a game winning hit from the man who has been the face of the yankees franchise for two decades and he really hasn't aged. he's lost his hair, but he has that baby face. >> he still looks good. he said he has to wear gla

the problems with the bendable phone and the ios. 2%.t is only down heavy it is such a weighting thatology shares be the largest down. russia may start seizing assets in the future. the iraq situation, warning about a possible subway bombing. just general fear of heights. we are god three years without a correction of 10%. so every time there is a dip people get worried. alibaba's ipo became a psychological peak. >> there is not a ton of evidence to back it up, but it gets people thinking. >> one thing that was interesting was that the vicks did not spike along with this drop. >> it has been so low, the volatility has been low all year, and it is a head scratch er why. we are not up anymore than the pace of last year. it is a leading indicator for stocks. >> thank you. we're just about 20 minutes away from the opening bell. gross'se on bill shocking departure from pimco. ♪ >> you're watching in the loop, live on bbg television and streaming on your phone, tablet, and at bloomberg.com. won a record number , they get on track to be the busiest ipo of 2014. richard, great to see you this

this bendable thing, i'm sure it will be fik. in the video, we have people trying to snap it. >> roughly 15 million views. clearly there's a lot of interest. if anyone can, you know, stomach some bad publicity, i think it's apple because people are going to be buying the product no matter what. and worth noting back in june 2010, when the iphone 4 was released, there was some very poor product reviews of that, too, and that didn't deter any buying, did it? >> it didn't. i think in the short-term there were concerns, but at the end of the day, people want the latest and greatest apple kwies. >> and the sales of iphone are still doing very well. >> facebook has revealed more details about its plans about what appears to be drones to provide free wi-fi to the world's population. the social networking giant says the males will be roughly the size of a 74 had 7, but much lighter, and will be solar powered. facebook hopes to test one of its planes in the u.s. by 2015 and have them sending out wi-fi signals in the next three to five yea

the bendable iphone 6 plus may be more of an issue.es to bend and people take out a product known for quality and show their friends that theal danger sign. >> that is a really fascinatingq point.jf kasie hunt, thank you. time is of the essence in that campaign. appreciate your reporting. well, before break, trivia time now. 1954,Ñi actorxdçót( danny kaye thek/$rst u.n. goodwill ambassador. we want to say a hearty congratulations to the winner, mark goldberg. congratulations, mark, and happy thursday. act i. scene 3. >>> international concerns about ebola and extremism made nations, but just a few blocks uptown they're gettingÑi ready r a more public call for change. saturday ine1t( central park, t globalñzi citizen3w festival wi superstars in axd freeçó concer draw attention to global issues like poverty and education. alex wagner is host of "now" will co-host coverage of the event. alex, thanks for joining us this morning. >> thanks for having me. >> o this couldn't be coming at a more critical time. there are three themes to this ev

just overlay the iphone 6, which we haven't even mentioned once in the show, including that it's bendable too big to your face. you have to have a large face. >> now we're seeing research that argues holiday sales will be impacted because people will be spending their money on the iphone 6, not some place else. not at lulu lemon. >> you don't have to, because in "usa today," -- >> aggressive. >> talking about putting the unlimited iphone 6. >> $50 for everything. you can spend another $20 and get upgraded every year for the rest of your life. >> i'm predicting better than expected christmas sales because of this. >> when we come back, cramer's mad dash. we'll count down toward the opening bell, get you one last look at the premarket on this wednesday. "squawk on the street" will be right back. "hello. you can go ahead and put your bag right here." "have a nice flight." ♪ music plays ♪ music plays traveling can feel like one big mystery. you're never quite sure what is coming your way. but when you've got an entire company who knows that the fewest cancellations and the most on-time flight

we are back at headquarters with lots of stories this morning, including one coming up about a bendable iphone. the new iphone 6 is a bit thinner, but is it supposed to be this flexible? we have that coming up later in the show. let's start things off this morning with the markets. the dow is coming off its first back to back triple digit loss. this in over three months. small caps continue to struggle. the russell 2000 is now nearly 8% off its record high back in july. down another 1 % yesterday. if you take a look at what's been happening in the markets this morning, the futures are indicated slightly higher, ever so slightly for the s&p futures. it's fractionally higher. dow futures look like they are up by about 14 points above fair value. andrew has some of the morning's top stories. andrew. >> we have corporate news this morning. pfizer now reportedly making another run at an inversion. this time holding takeover talks with activists. but "the wall street journal" reporting that those conversations, finally ended last week after they decided against the teal. activist did its own