i don't take bets. i'm the one that tells you who to bet on. -absolute blowout winner. -play $11,000. i'm not the bookie. i'm a bookie killer. ♪ if money talks then i got a lot to say ♪ ♪ i'm on the ground tryin' to make a hundred thousand dollars a day ♪ ♪ the game that i pick believe me it's a winner ♪ ♪ what i know can get you rich 'cause all i pick is winners ♪ ♪ welcome to las vegas ♪ money talks money talks ♪ ♪ welcome to las vegas steve: where i come from-- las vegas, sin city-- it's the place where you take care of people. that's how i was born and raised. it's the city of lights, the city of entertainment. when a big client comes into las vegas, my job is to take care of these people and show them a time they've never seen before. because, after all, you're trying to bond with this client to get their confidence and to bet more money. steve stevens. lee pappas. -how you doing, buddy? -pleasure to meet you. -how are you, man? -good, how are you? -you ready to tear up the town? -yeah. steve: here's lee pappas, another one of my good clients. it's a guy that is a

everyone else is betting on that. you're not getting bogged in line with the value of the speed. >> this is not take into count the jockey, the amount of weight the course is carrying, the fact that this is a 316 race? arehose are what the pros looking at. those are basic rookie mistakes that regular folks are doing. you can at least away from that and you are one step ahead of 80 are sent to the people betting. >> has their been any work done on the triple crown winners? are you more likely to win it because you one the kentucky derby? >> we have not had a triple crown winner. it is most likely not going to happen. different.re so it's really not an issue. they're probably not going to win but i'm not going to bet on them. >> he is the director of research for bloomberg businessweek. let's move from odds to horse sales. kentucky's keyland association says five of the 10 three-year old agger injured in the million 3-year-olds are graduates of his 2012 yearling sale. joining me from lexington kentucky is jeffrey russel

that's why dan bet against twitter.thought twitter shares were about to lose altitude. >> if this party is over, people are definitely going to sell. >> is it a good idea to go short? >> i have a different perspective. >> he has a point, shorting twitter or any stock for that matter can expose you to infinite losses. he says sell quick for $2.55. but spending $2.55 to bet against the social network? >> down. >> so to cut costs, dan then sold not one but two of the may 30 triput for a total of 60 cents and reduced his costs to $1.25. he needs to fall below that $1.95 he spent or 30.05 by may. >> it's that simple. >> it isn't really, if twitter falls below the lower strike put, he could be forced to buy the stock. >> that put strike price or in this case for $30 bucks even if it falls below that level. so to protect himself against that, dan bought the may 24 strike put for a physical el. and now between the $2.50 on that strike put and the 60 cents on selling the lower streak put and the five cents on the lower strike pu

how some traders are betting on an earnings blowout.he action starts now. >> here in times square and austin, texas, the 10-year bond, better than expected jobs report and yield in the 10-year made a new year to date low. the question is is the bond market pricing in big sell-off in equities. tensions in ukraine factored into this but you're a bear so you're loving this. >> i'm a bear. it's funny, we get -- because we're the options guys, it is down on the year here. so there's a lot of disconnects. if you look at a couple of other things, the bonds, up about 10%, xlu up almost 15% and gold is up 8% on the year. there are investors that are reaching for some protection trades in a lot of ways. it's really important to note. this is a week we obviously had the fed confirm they are going to continue their taper and you know what, look at what bonds did. to me there's a big disconnect. it speaks to the fact that u.s. treasuries are the only safe haven asset on the planet. >> i don't want to get too wonky and i say that to you because you c

are you willing to bet on it? how to lose pounds and gain cash with a little weight wagering. ,,,,,, cameras have popped up in po alto. the extra eyes have people wondering who's watcg them. kpix 5's don ford got an explanation.. and i' t exactly putting >>> some cameras have popped up in palo alto. people are wondering who is watching them. kpix 5 reporter don ford got an explanation. it's not exactly putting people at ease. >> reporter: palo alto has nice neighborhoods with shady tree- lined streets, beautiful homes and something else. >> oh, my gosh. what is this about? >> reporter: a tiny camera installed right in front of paul's house. >> surveillance camera? if you look at the camera, it's looking right at my entrance to my driveway. >> reporter: but who put it here and why? it was a mystery. >> freaks me out. >> big brother, "1984", invasion of privacy. >> reporter: palo alto says they know who put it up. they did. >> the videocameras are there to collect data on pedestrian and bike traffic. >> reporter: he

the shocking name options traders are betting on. plus -- >> it's the world pulled over your eyes to behind you from the truth. >> the truth is only a handful of stocks are holding up the market. which ones and which that could spell trouble. and -- >> man, now i know we're in trouble. >> that's what traders know this week and why it's about to get worse. i'm melissa lee. these are the traders in times square. with apple looking to buy beats electronics for $3.2 million, what's the next megadeal in the text space? what's app, tumblr, the private companies. what about the public companies? >> let's take a step back and see what happened. the market went sideways. think about the nasdaq, high-flying stocks. you had the twitter ipo lockup, it careened down 20%. and then the alilbaba deal, the biggest ever. and then the biggest market cap in the world buying beats by dre. it just seems like there's a lot of tech stuff going on. if you're thinking about it with not so yorosy glasses, it's not great. >> this is a frenzy, late stages of a b

i bet that it continues to be the case. we have had terrific quarters from purveyors of expensive goods. it's gatsby index time which means buy buy, buy michael kors. i know jokers wanted to see higher interest rate s rates. lower rates mean more business. i bet toll, the gatsby of the home builders, the intramonth progression is terrific. please don't trade off of the headline. the stock market will be thrilled to hear that the spring selling season will be deferred and not called off entirely because of the weather. one of the oddities is individual stocks in a sector can report periodically. we judged many companies harshly. other companies did better. it's so easy to do that. you look at the day before that day and make a judgment. remember the two characteristics that i have used to describe it. the laster comes into play. last time costco reported what were believed to be tepid results. costco was among the best, maybe among the top five. i hope the market remembers to report how poorly they did. i think costco-will l

so it seems if anybody is betting on an upside move it looks like vertex is the one they're betting one unusual activity is your guide to what could be the next target? >> in a space like this action it can be. most investors at home will never know when the dates are and what the probabilities of some sort of bionary event happening. so a lot of times investors don't care what they're paying as far as implied volatility of options in these sorts of things. i don't chase it at all. >> coming up next a huge event could spell more trouble for twitter. we'll tell you why when options action returns. ♪ >> options action is sponsored by think or swim by t td ameritrade. [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim from td ameritrade. all on thinkorswim humans. even when we cross our "ts" and dot our "i's", we still run into problems. that's why liberty mutual i

i like montreal, but you know, they challenged me to this bet. >> steve: yeah. >> jimmy: they bet that the rangers are going lose. that's the new york rangers. i can't let that happen. >> steve: no. >> jimmy: so this thursday in new york, go rangers. [ cheers and applause ] >> jimmy: hey, this is cool. i saw that pope francis is going to bring a rabbi and a a muslim leader with him when he travels to the holy land this week. or as bartenders put it, we've been expecting you. [ laughter ] finally. the pope, a rabbi -- [ laughter ] this isn't good. kraft is recalling more than one million cases of cottage

and the seahawks went on to win the super bowl but there is a bet. >> part of the bet, ed lee presented the organization with a $10,000 donation. >> it's such a great game to watch. kind of a sportsman ship of the cities to me was extraordinary. >> other terms and born and raised in seattle now but, he's a niner's fan. >> absolutely. better be, right >> see you at 6:00. tonight wall of fire marching through southern california. incinerating home after home. >> this is the sheriff's department. this is a mandatory evacuation. >> tonight we show you the added danger. the twisting torches called firenados. >>> honoring the heroes. the president dedicates the 9/11 museum telling the story of american courage in the face of terror. >> nothing can ever break us. nothing can change who we are as americans. >>> a health alert tonight. a warning about a popular sleeping pill. >>> and surprise. what happened behind the scenes of the big celebration for our barbara walters? tonight.

let's make that bet. >> i'll bet you just for the hell of it.t i think watch john mack. we should point out we put in a call to josh john's office, a representative has no comment right now. if he does, i'll update on twitter. liz: i also saw something about goldman sachs, and goldman sachs is mulling cutbacks because of low volatility? >> we should point out that's part of it. here's the thing. fixed income trading has been a bad business for the last couple years -- liz: which unfortunately reported on -- you have reported on. >> now it's really bad. it's like no one's making any money. we understand traders are bracing for a round of cuts that's fairly significant. we should point out that goldman has cut about 10% of its fixed income trading sales work force since 2010, so they've been doing it, but we hear this will be a bigger cut or at least a sizable cut that you'll notice. so that's what we're talking about. goldman sachs has no comment right now, but they are, from what i understand from people inside goldman, from the people on the gr

it continues to come out bet other than expected, where it counts -- things like employment.nd i think people want to be in the bonds for the protection aspect for tail risks like anthony was suggesting. i don't think people are betting heavily in bonds, because they think there's an economic downturn coming tomorrow or the next day. >> it will be a good battle, right? it's a good battle to discuss between stock market investors, bond market investors. >> yeah. >> who's right? what's telling the real story? >> right. and i think you're 100% right. one other thing that nobody is talking about right now, scott, but when it dropped under 3, everybody talking about copper. how about the move copper has made, not just through three, but up to 3.17? we've seen a huge move there. that could be telling us something a little more about the global markets than a lot of people perceive? >> i wonder if you're going, you know, get a better idea of whether some of these folks who are running billions and billions and billions of dollars believe that you can maintain these diverging markets

. >> i bet it got more today. the notion of this announcement has got people thinking about changing the services they are on, looking at rhapsody, spot -- spotify. i am thinking maybe beats is going to be the winner in this. >> cory johnson, our editor at large. be sure to tune in to bloomberg west on monday for the full interview with richard branson at 1:00 eastern. at this point, apple and beats have it confirmed talks. don't forget about dr. dre. a video shows the artist alluding that the deal is real. that is next. >> it came out two weeks ago. they need to update forbes list. the first billionaire in hip-hop right here. >> we are talking to dr. dre next. ♪ >> welcome back. i'm emily chang. apple is said to be turning up the volume on its music offerings. with people with knowledge of the matter say they are close to striking a deal to buy beats electronics for 3.2 billion dollars. founded by music executive and dr. dre in 2008, beats was known for the beats headphones and streaming service. it would be the

>> sports betting is something that covered the entire globe. so if a country for religious reasons or for even philosophical reasons banned their citizens from gambling, the fact is they have probably still got access to gambling, they do have access to gambling through the networks of the wi-fi access, etc. so you still need to -- you need to regulate in which your citizens have access to it. and you need to be part of the global community that corrects this enormous amount of money that is available for criminal fraud. and it is the criminal phrase that funds the corruption of sport. we have to address the real issue here. we're at the wrong end of the problem. when you are prosecutorring players and officials for match fixing you fail to realize, often that the real problem here is match -- is betting fraud at the other end. without betting fraud, there would be no money, really to fix matches criminal purposes. >> australia's michael matthews has won stage six of the euro detail yeah to retain the overall lead, but dominated by a crash with

guess where they are betting? they're betting big on russia, you heard me right. should you ignore the political headlines and follow the big money? one strattist says yes. he will tell us exactly how to play it. liz: biking legend erik buell launching a brand new line of street motorcycles. david: i want one. liz: the growing popularity of sport bikes. we'll show you how the new hot rides are look and we'll talk to him in. david: austin, you want one of those? let's buy one. back to the fed talk. we want to hear from you. how are stocks going to hold up as the fed unwind its four plus trillion dollar portfolio? will they do well or will they tank? tweet us @fbnatb. ♪. ♪ [ bell ringing, applause ] five tech stocks with more than a 10%... change in after-market trading. ♪ all the tech stocks with a market cap... of at least 50 billion... are up on the day. 12 low-volume stocks... breaking into 52-week highs. six upcoming earnings plays... that recently gapped up. [ male announcer ] now the world is your trading floor. get real-time market scanning wherever you are

that's just the case about dan's bullish bet on pandora.bout to sing a happy tune. >> it could be the sort of acquisition that makes sense for a lot of pocketed players. >> just buying the stock, come on, dan, you know 100 shares of pandora would shed you back $2,000. instead he bought the september 28th strike call for 1.50. now he needs the stock to rise more than 28 ducks or above 29.50 by september expiration, but spending 1.50 to get in on pandora, you're forgetting the number one rule. >> you cannot make friends with the rock stars. >> actually, it's always limit your risk. to cut costs, dan sold the september 30 call for 50 cents. and created a call spread. he did something easier. for a buck 50. he sold the higher strike call. dan is now laying out $1. he needs to rise above 29.50 to make money. he now sees profits if the shares rise above 28 bucks or above $29 by september expiration. >> that's amazing you should work for nasa or something like that. >> or star on "options action" since then the stock has risen 10%. with plenty of

and that's just the case with dan's bullish bet on pandora.ere about to sing a happy tune. >> i think it could be in play and reasonable, and could be the sort of acquisition target that makes sense for a lot of deep-pocketed players. >> but just buying the stock. come on, dan, 100 shares set you back $2,000. so to spend less, he brought the september 28 strike call for $1.50. he needs it to rise above $28, or $29.50. by september expiration. but spending a buck 50 to get in, dan, you're forgetting our number one rule. >> you cannot make friends with the rock stars. >> actually, it's always limit your risk. so to cut costs, dan sold the december 35 strike call for 50 cents and created his call spread. but he did something better, he made making money easier, and and here's how. between the buck 50 and the 50 cents with the higher strike call, dan is now laying out just one dollar. and now instead of needing it to rise above $29.50, but he needs it to get above $29 expiration. >> he should work for nasa or something. >> or star in options actio

what you bet onthat's your controlled risk. angie: churchill downs is up 136% since 2010 and california chrome- best odds at 14- 1. i think i'd go with churchill downs. great to have you on the show. you did a great job. first business continues right after this. i'm afflec and many actors have played the part of u.s. servicemen in the movies, but for veterans like james crosby their service and their sacrifice are real. and too often when they come home, their struggle continues. for over sixty years, paralyzed veterans of america has been fighting to help our injured veterans get the benefits they need, and have earned. paralyzed veterans of america was there for me when i came home. join me in supporting our paralyzed veterans. visit p-v-a dot org. chevron is the next big oil company to report earnings. earnings are due this morning. good morning to james ramelli who's watching the charts for us. james, this stock could be hard to fight. it has been going higher into earnings. >>it has but if we take a look at how it perform

but the smarter bet is on a downside move.hen there is a equity market downdraft, even the safety stocks are going to get pulled down. >> you've got a simple trade. >> we're looking out to september, going to pay $1.15 for these thing. staup ls have relatively low volatility. the options premiums are going to be cheep. on the index it's cheaper. we're going to give yourself the entire summer to play it out. >> given the price action in so many other sectors of the market. if you want to go after the staples, i get it. that costco right there, that trading at 25 times given the growth that it has and the technical setup is a disaster. it's very contrary to what's going on in the s&p. >> if you press the weakness, you're going end up selling some bottoms in some of the names that have rolled over. i think mike is trying to pick on top. he's doing it really inexpensively. if you think that it's not going to go down, you might think it's going sideways. the problem is you don't collect much money and risk a fair amount of money. m

carter said tesla's shares were about to accelerate. >> time to make your bets. out. >> all right. aisle hop on board. but just buying the shares. 100 shares would cost more than $20,000 or roughly the price of -- >> a new car. >> to spend less mike instead bought the september 215 strike call for $25. now to make money mike needs the stock to rise above that strike price by more than the 25 bucks he paid or above 240 by september expiration. but mike, really? paying $25 just to get into tesla? >> it seemed to be a good idea at the time. >> so to reduce his costs, mike then sold his september 255 strike call for $12.50 and created his call spread, but he did something else. he made making money easier and here's how. you see, between the 25 bucks he spent on the lower strike call and the $12.50 he's collecting on the higher strike call, mike has cut the cut off of his trade to just $12.50. that means mike just needs tesla to rise above $2.15 by more than the $12.50 he's now spending or above $227.50 by september expirations. >> i love it when a plan comes togethe

we are making other similar bets.have a company called home joy where if you need to get your house cleaned, you press a button. someone comes to your house and they clean your house. we have a seed investment in open bay which is looking at the 200 million cars on the road that each year probably spend about $300 to get their car fixed typically twice in one year. you typically have a hard time finding out what garage you should be take your car to, so open bay very similar, you press a button, say you need to get your clutch fixed. you told it the make and model of your car. it helps tell you what garages around will fix the car for what price. it will schedule it. it will handle the payment all with a simple press of a few buttons on a mobile app. >> what is next for uber, they want to go bigger than driving people around. what about delivery or taking on fedex or something like that? >> we think uber has a great and brilliant vision. you should talk to them about their specific plans. we're very excited to have th

if options traders are betting against the sector, should you carter the chart, masters made it to the smart board. carter, what do you sue he? >> utilities is the best performing sector today. best performing sector this week, best performing sector year to date crushing the s&p. is that likely to continue? let's look at a few charts and see if we can figure out together. here's a daily chart over last year and a half. what's important after a huge move off this low to the high of just a month or so ago, this it is an 1% advance. and we gave back exactly a third. and importantly, guess where that are stopped? right at this top. literally to the penny meaning it found support where it should. where we stopped before we sold off here, watch this. here's the five-year chart, well defined. since the bull market began. we know that securities respond top trend lines. and that's just how it works. it's not because i say so. history tells us so. and we are likely to approach and even just get back to and exceed a little bit the top of the channel. it implies for the xlu a move to around 46 w

and that's just the case with dan's bullish bet on pandora.to sing a happy tune. >> i think it could be in play and reasonable, and could be the sort of acquisition target that makes sense for a lot of deep-pocketed players. >> but just buying the stock. come on, dan, 100 shares set you back $2,000. so to spend less, he brought the september 28 strike call for $1.50. he needs it to rise above $28, or $29.50. but spending a buck 50 to get in, dan, you're ferlgting our number one rule. >> you cannot make friends with the rock stars. >> actually, it's always limit your risk. so to cut costs, dan sold the december 35 strike call for 50 cents and created his call spread. but he did something better, he made making money easier, and between the buck 50 and the 50 cents with the higher strike call, dan is now laying out just one dollar. and now instead of needing it to rise above $29.50, but he needs it to get above $29 expiration. >> he should work for nasa or something. >> or star in options action. because since the time of the trade, shares have

it could be a directional bet. the vol is really cheap. one quick point. david tepper got everybody in a bit of a tizzy with the market. what did he speak to? he said the ecb, they better lower rates. and that meeting is the first week of june. we could see some volatility into that. >> and i think it was -- >> i absolutely -- look, i would absolutely be looking to buy some insurance in the s&p right here. i might even look a little further out. it's a little bit like when you're trying to trade interest rates. you want to get a little more duration. if you're trying to trade volatility, the same thing applies. longer dated options will give you the potential if the market drops or if vol pops, either one. one nice thing about dan's trade here, this is really important, folks. when implied volatility is low, the price of options is low, you're getting a ton of gearing. essentially what that means is it's like you're getting double the odds on a downside move on a higher volatility environment. it's hard for me to figure out why someone wouldn't do this at

this is a bet on growth. nott that this open he will only be cashing in on the new share sale coming to market, but derivatives as well is something they want to see grow and scale. >> what about the timing? saga prices low in the range. timing must be a big concern here, although they are offering that bonus share. >> they are trying to make sure that the appetite is still wet for these deals. august, everyone shuts up shop and goes on holiday. they want to get ahead of that. lloyds is on a bit of a deadline. they have got to start pushing out these chairs. at the moment, they feel that , 600 31imism with tsb branches, this is a bet on the european economy. this is a bet that interest rates might go higher. this is a bet on the growth of u.k. they think demand will remain for that. , theyge growth, euro next are being cautious with the exact timing. it will all happen by june. >> companies that have listed in 2014 in london have seen their shares fall by an average of 1%. >> that is the concern. pets at home

they're only allowed to bet on things going higher. the equivalent of a short position and bet on something going, why does that matter. because right now there's not many commodities a loan only fund would be interested in. most of them are doing so poorly you would never trade them off momentum. so oils probably looking like the only gail in town at the moment. but the moment crude starts getting weaker, many of the funds that jumped on the band wagon will head for the exits. this is according to garner. garner does see it heading lower. take a look at the chart of the west texas crude. garner is prepared to admit that the rally in oil might not yet be over but there's a number of listens she thinks it could end fairly soon. first of all, there's resistance at $108 which is where she believes oil could peak unless we get a flair up in the middle east which could send the price of crude up to its next silly resistance, but if oil gets up to those levels, garner would start betting against it aggressively. she uses the rsi down at this

bet my life on it easily, right? >> right. >> when you are ready.hooter ready. >> reporter: critics argue that is a risky bet for most parents. training and trust may not be enough to prevent accidents. kids and guns they say simply don't mix. [ gunfire ] >> kids are impulsive. you can't teach that out of a kid. you can't. >> reporter: this doctor helps write policy for american academy of pediatrics and she says kids' brains aren't mature enough. they lack impulse control. >> you can teach them. pair it back. they should not be in independent control of the weapon. kansas city hospital alone, there are 50 annually. preventible. >> you don't trust your kids 100% of the time. especially when it comes to something so high risk. >> reporter: our colleagues, at "20/20" put the question of m pulse control to the test with hidden camera experiments. these boys and girls in florida are fraend trained to never toun without an adult. they also memorize the nra eddie eagle safety video. when left unsupervised with real unloaded weapons hidden in plain sight.

if you are betting against him you are betting against again as well. outbank of england minutes today. this is the one to watch. the division between members about the amount of spare capacity in this economy. they think it is going to drop to 78 cents. that is a stronger pound against a weaker euro. >> one company on the move, the shipping and industrial giant raised its 2014 outlook for underlying profits. for a little more detail, the chief executive joins me on the phone from copenhagen. us. great to have you with you have raised for your bad news fort is investors. what i really want to know is do you feel the recovery taking hold around the world is firmly entrenched? what is your view? >> we had a slightly more negative view then the consensus in the market. below still a little more what is consensus. europe we will be below one percent. it is good conditions for there is enough business to do. that is why we deliver appropriate results. >> where was the standout? i am trying to get a sense. where are the spot for us to it is interesting. we ha

against them at the same time, and where did they bet against them? they went to companies like aig, where they essentially bought insurance policies against their own product, and what the didn't know is that they would ultimately blow up their own bookie by doing this, and that's the back story to the aig bailout, which is that aig was crushed under the weight of its own portfolio and its financial products portfolio, which involved a number of these sort of credit default swap bets against the subprime market. so essentially these guys bet against their own products, they blew up their bookie, and when their bookie was going to go over, they went to the federal government and says this is intolerable, we need a federal bailout so we can be paid off on the bet wes made against our own product. which is great. brilliant, actually, when you think about it. so, i was writing about all these things, and i became completely fascinated by this subject, and over the course of about a year, year and a half, i bam more literal and the jargon and i learned to

but you couldn't bet on that. doing a very good job of articulating a good vision. we have had a lot of positive commentary from him at this stage. i'm looking for the analyst meeting that follows earnings in june. they may do a meeting a month or two later. we or looking for some articulation from him. he's god a board meeting in june to discuss what he's done over the last several months, what his vision is. there may be some more management changes coming. not clear. he did suggest i'm not going to spin out xbox or get rid of bing. if someone from the outside were to come in, i think we would see a 10% cut. i think he's thinking about how does he grow the business. i don't think you're going to get the immediate gratify occasion you would have gotten if it were financial engineering moves. how do you accelerate the movement to subscription in the cloud, particularly on the enterprise side? on the consumer side it's about tying all the stuff together. look for something on your wrist. like apple eye watch that has fitness and health and talks to your tablet and pc

bets from the ecb, info.with this u.s. trade let's check out the markets with jonathan ferro. >> going toward a seventh straight week on that particular index. this is her market open right now. bit of a pullback. that is what you have on the cac 40. ignore these two, the markets have not opened yet. -- marches uparks higher. happens when the city of london takes a day off. the 30 day average. a huge chunk out of volume. yesterday, you missed quite a rally in italian bonds. below three percent heading towards record lows on the italian bond yields. european elections took the headlines over the weekend. the big one on the weekend was matteo renzi who got a huge stamp of approval. it sent italian assets higher. at 1.3654.llar is 2:30 u.k. time. ipos continued to come thick and fast. lloyd's lands to sell their part next the positive stake month. euro shares will also be on sale sometime next month. will the deals be snapped up? here is caroline hyde our european business correspondent. offer for us? >> 25% of all the shares

it's part of a game that in this day and age you can bet on.hat's what we saw with the case of the three pakistani cricketers playing at lords, and they were imprisoned for this. what we have to notice is that sent out a strong message that this was not just a matter for sport, but a matter for international law. one thing about lou vincent's claims will help cricket to clean up its act. it's dealing with a period from between 2008 and 2012, a lot of which happened and has gone, and we have moved on. cricket will hope that it's starting to get a grip on this - they have a lot of work to do. >> thank you, lee wellings reporting live from london. thank you. >>> defending champions miami heat are through to the eastern conference finals, trailing against the brooklyn nets, then a 3 point are scored with 32 seconds. lebron james storing 28, dwayne wayne adding 20 more. they clinched the series 4-1. >> it's exciting. you put so much hard work into it. especially the play-offs. to be able to be in a situation on the home floor, under the circumstance

all bets are off in terms of the military using restraint. this was a veiled warning that the military will do what it has to do to maintain public order. a new constitution is said to be revealed this week. isay, general prayuth expected to receive the king's endorsement, formalizing his status as the head of the thai government. >> political reform and next steps for the emerging government -- what are they? >> protesters have been calling for reforms. in some ways, they got what they wanted, a nondemocratic government. that is what thailand has. it is run by the military. however, the new constitution, what will it say? the premier that will be named today. then the legislative body, expected to be appointed later this week. you can bet that all the members of this body will reflect, of course, the ideas and aspirations of the military, the bangkok elite, the yellow shirts, as they are known inside of thailand, those who are loyal to the monarchy. we should note that the king has given his blessing to thursday's coup. this has royal approv

. >>> plus, is your favorite presidential hopeful a sure bet? are you willing to put money on it? vegas might be. >>> we begin with a look at today's eye-opener your world in 90 seconds. >> where do we go? we've got nowhere to go? >> jesus, jesus, jesus. >> twister terror in the plains. >> a tornado tearing through north dakota. nine people were hurt. >> also dramatic flooding across parts of texas. >> it was a day of mourning on the university of california campus at santa barbara. >> questions about whether more could have been done to stop that 22-year-old man who went on that mission to kill. >> he was almost smiling, like he was happy about what was going on. i'll remember that face for a long time. >> tracking the last known movements of flight mh-370 has been released by the malaysian government. >>> three men are still missing after a huge mudslide in western colorado, believed to be several hundred feet deep. >> ukraine fought back pro-russian militants trying to seize control of the largest airport. at least 30 rebels were killed. >> nigeria has said they have located th

i will bet you anything that in his files and office in arizona there are veterans complaining about what happened in the va hospital and all of a sudden everybody is concerned. every member of the house and the senate can protect these va hospitals. >> those are questions i would have asked if i were there but that's your business. >> you raise a fair point. we should point out that the va has been a bureaucracy that has been under fire for a long time. i don't know if it's all the way back to the eisenhower administration but certainly the bush administration rappelled with this and they have to answer for why they didn't fix it either. in terms of iraq and afghanistan, jay carney made that point at the podium. it bares repeating. there were two wars started in the bush administration. that certainly swelled the ranks and the logs of veterans who need benefits and we have to take care of the men and women that serve for us. so you have to follow up on that but you're right. that happened in the bush administration but i have news for you bob. it's five or six years later and i'm te

betting big on short-term video.ar from brian grazer. .lex it i it is "market makers." >> top stories from around the world. a record-setting piece on wall street. -- oprah record-setting pace. it has been up as much as .6%. a big takeover in the food business. the company that brings you sara lee take the goods is buying date -- duncan hines. clippers owner donald sterling apologizing for the racist remarks. saying he made it terrible mistake and will never do it again. the end they -- nba has suspended him for life. since -- been let social media takeover the story and then comes out with an apology. >> where were his pr advisers? >> chief washington correspondent peter cook is here in new york today. editor andon is terry gog or who covers big banks and criminal prosecution. i think we will get to that. see you. welcome. why don't we talk about timothy geithner. his new book is out. facing criticism over remarks he has made from newly -- from neil borofsky and others. he made onthe round television. why don't we p

it's not just a bet for tomorrow, it's a bet for the next 10 years. or three years. >> it's clearly demonstrated that people don't change their taxes very quickly, right? just look at our situation. if we were responsive from a competitiveness point of view and sought out capital, our tax rates wouldn't be way they are today. >> what's the answer? >> you have to be globally competitive. look at every state. they are competing for capital. to try to attract businessesment countries do the the same thing. >> to the extent that the rates at some level continue to go down to the point where you might have a revenue problem, right? that's the flip side of this argument. >> andrew, you say it's a race to the bottom. i say a risk to the opportunity. capital flows back to great investments. so i think there's a right range of tax levels. i just don't think the united states is -- >> why not zero? in other words, when you go down this path, right, which is we must be competitive with the rest of the world, everybody will always pivot around the number one, whi

>> i bet you said that's okay -- >> i said that's all right, we'll just look. >> did you have one climbn your cheek or eyebrow? >> no. it's so funny. some were reluctant to touch them at first and now over time they're friends. well, what is cool about your school? email your nomination to us at coolschools@kpix.com. we may come and feature your school on the show. time now 5:09. >>> we're hearing more from the woman at the center of the donald sterling scandal and she is not exactly sticking to her

is no longer a one-way bet for the markets. what is the direction of travel? >> so far, what u.s. secretary -- u.s. treasury secretary jack lew has been doing is really sending a cler and consistent message throughout his meetings. he is meeting with the premier. he also earlier today was meeting with other senior chinese officials. the main message is this, that he believes that china should speed up its economic reforms especially when it comes to the currency. now, for many years, as you were talking about, for many years, bay sjeng has been heavily

one of the first investors took an early bet on alibaba in 2002.anaging partner, jeff richards, joins me in the studio. what was it in 2002 that you saw in ali baba? was it jack ma who said personally, you should make a bet on us? >> jack had a relationship with one of our founders. it was less than a $20 million revenue company, but he had a very good vision of what he wanted to create. if you read the prospectus, they have a 100-year vision for the company. a great entrepreneur, jack and his team. >> it has not been smooth sailing. he took the company public, it did not work out, he made it private again, and they are bringing it out again. are those bumps in the road behind them? >> every entrepreneur has cycles. they went public. now you you have the ali baba group going public, and that is a much bigger, broader story that alibaba.com. it did have a $10 billion market cap. it was a successful company. they brought it back in, and now the group is going public. bumps in the road made them stronger, and they are a much bigger company. >> the fil

john mccain who is screaming outrage on this, if i will bet you anything that in his files, in his office, in arizona, there are veterans complaining about what happened in that va hospital and all of a sudden everybody is concerned when everybody fully well knew this was -- and every member of the house and senate can protect these va hospitals. those were the questions i would have asked if i was there but that was your business. >> you raise a fair point. we should point out that the va has been a massive bureaucracy that's been under fire for a long time. i don't know if it's all the way back to eisenhower, however, the bush administration has to answer why they didn't fix it either. there were two wars started in the bush administration, that certainly swelled the ranks and the logs of veterans who need benefits and we got to take care of the men and women who serve for us so you got to follow-up on that. but you right, that happened in the bush administration, but i got news for you, we're now, it's five, six years later, and i'm teasing you about it but president obama is now in of

when to lower the bet when the casino has the advantage. casino. it's not common but they are threatened by it. >> reporter: while the hard rock says it doesn't comment on specific guest gaming plays, in a statement, they say, quote, mr. affleck, a valued guest of hard rock hotel and casino, is not banned from our property and is welcome back anytime. when it comes to cards, affleck is either very lucky or good, winning hundreds of thousands of dollars in casinos over the years. he was in vegas for a getaway before he begins to shoot "batman." john, diana? >> all right, mara, thank you. he must be more than lucky because sooner or later, your luck runs out. i love the hard rock hotel was very nice about the incident. affleck is welcome to play all of the other games. have fun, ben, go play the slots, but can't play the black jack. >> i don't think so. >> a source said that affleck and his wife jenner garner decide to head back to the hotel for the night. >> kind of flattering were you get booted out for being too good. >> for being too good

this is a transmission and this is the bet you're talking about, david.ransmission, made here in tipton indiana. it will be shipped all over the world, to turkey, brazil, italy, china. and here in the u.s. it will be put inside of the jeep cherokee, the 2014 cherokee and chrysler 200. now the whole point of this nine-speed transmission, nobody has a nine-speed transmission, is that it makes the car much more fuel efficient. look what it meant forethe cherokee. the new cherokee, 25 miles to the gallon compared to the old jeep liberty that got 19 miles per gallon because of the transmission. this is pieces of it, flywheels and other pieces that go to. sergio is saying i'm betting on transmissions, not so much on electric vehicles. i think those have been overblown. and i think i'm worried about ford and all aluminum ford truck as well, the f-150. here is what he had to say about that. >> we'll wait, we're going to watch this very carefully. we're less than 12 months away from seeing thispart in the marketplace. we'll watch it like a hawk. >> like the guy wh

but for the most part, i'm sorry, but i bet you -- i bet anybody there -- that the total gdp for 2014 when we know it will be less than 3%. a bag of white castle to anybody willing to make a bet. >> you have the bond vigilantes have won thus far this year but i would say it is the doom and gloom predictions, right, that have kept people db millions out of the market. >> not doom and gloom. i think it is realistic. i'm looking at this morning's data. what are you looking at? >> fine. fair enough. i'm just saying over a long-term perspective i think there are millions of dollars still in the bond market. $1.2 trillion since 2006 -- >> what makes people think you can't -- >> heather, rick! forget about the long-term perspective. look, today's gdp number was an absolute gift for mega cap stock investors inside that number, we saw weather impacted data hitting companies who derived the ply onlion's share of revenm their exports. i think today's gdp report was excellent news for those of us well diversified and focused on battleship balance sheet names. you can find them in a fund like fide

so it is kind of a good bet.ri: if you think new yorkers are annoying drivers, see them behind a shopping cart. >> you will get your heels nipped. >> it is not pretty. thanks for coming in. >> thanks for having me. gerri: clicking on stories for foxbusiness.com, the justice department is charging chinese military officials with espionage. five officials in the chinese military are accused of hacking into u.s. steel, solar and nuclear companies and a labor organization for trade secrets and other info. this is the first time a government charged foreign state employees with hacking. the chinese government calls the charges absurd. >>> stocks start the week off in the green. market getting a boost from technology stocks and small companies recouping some of their recent losses. >>> google is in talk to by twitch, life streaming service for videogamers. variety reports the deal will be all cash and puts the price tag a billion dollars. for google twin would be a potential boost to youtube. >>> "godzilla" taking a bi

that would be my bet. my bet would be that it ends up inside vivendi. >> does it matter that you are number one or number two? is it ultimately important to you? >> i think if my mom was still alive, it would be important to her. dad --to my mom, or my beyond my mom, or my dad, probably little or none. it is more of the issue of whether we thought from the very beginning that putting the number two and three together was ill-conceived. the two companies are very different and the two ceo's are very different. i was talking to one omni, executive in beijing this morning he said to me that the smoke signals started to come up in december. was thatgoing around he would never go back to paris unless it was for morris leavy's leaving. >> if you had one bit of advice, what would you say? >> when the deal was leaked by bloomberg, i was asked by bloomberg as to what i thought about the possibility of two of our competitors merging and one of them would not be ipg. saying if you are going to be chairman, can i be c