john burbank from passport capital.e're going to get him to say china is changing 10 times roll fast. erik: shareholders want to know who is coming next after sumner redstone. ♪ erik: time to bring you up-to-date on the top stories of the morning. consumer confidence has fallen to an eight week low. the consumer confidence index shows it's all about how much money make. those who make less than $15,000 fell to the most in four years. lumber liquidators is trying to win back customers after a devastating report on 60 minutes. the chain is suspending sales of laminate flooring in china and a former fbi director will investigate certification labeling processes. lumber liquidators sold lumber from china that had excessive levels of from aldehyde, which can cause cancer. dan loeb is firing a shot at warren buffett saying he likes reading warren buffett's letters to shareholders because he finds them filled with inconsistencies. he said he likes how he criticizes hedge funds yet he had a hedge fund and criticizes activists,

so they can charge whatever they want for new york to san francisco and then charge that for the burbankght and this just has to do with how the markets work. they want to maximize their profits and they're against this because this is, this is sort of a weakness to how their pricing model works. emily: the vast majority of travelers taking a look at some surveys think this is a perfectly legitimate way to travel even though the airlines don't. i'm curious about the technology that you built. how difficult is this to do? is it something that any of us can do on our own without using skip lagged for example? >> so the way, savvy travelers if you do it before, say to get the definition to search on other websites so new york to miami for example they will try to guess, new york to tampa and search it on their website and it would be a very tedious process. but on skip lagged you just search new york to miami and in just a couple seconds you get your results. this is why airlines are against it so quick that it's now brought to the masses really. emily: any other tricks you found to find ch

. >> reporter: at stores like this one in the burbank neighborhood of san jose, the signs say it all. no tobacco sales to anyone under 18. but a new proposal has him fuming. >> this is how the probation started in this country. >> the santa clara county supervisor wants to ban tobacco and e-cig ret sales for anyone under 21. >> when you're 21 and over you're much more able to have a tobacco product and not get addicted to it. >> if approved, his ordinance would only effect 25 retailers in places like san martine and the burbank neighborhood. monroe said his sales would drop, while neighboring cities wouldn't be affected. >> they'll go just across the boundary line two, three strits on the other side and buy the same product. >> another bay area product has already raised the age to buy tobacco from 18 to 21. heeldsburg in sonoma county. he hopes his proposal will continue the trend. >> even though we know our ordinance may not have a wide effect, its really benefit is to have all the other cities sort of follow suit. and i'm hopeful that they will. >> reporter: and if the ordinance pa

so they can charge whatever they want for new york to san francisco and then charge less for the burbankght. this just has to do with how the markets work. they want to maximize their profits. exposing this to the world is sort of a weakness to how their pricing model works. emily: the vast majority of travelers think that this is a perfectly legitimate way to travel even though the airlines don't. i'm curious about the technology you built. how difficult is this to do, is this something that any of us can do without using skiplagged? >> the way savvy travelers would do it before they would put in a destination on other websites. in my new york to miami example, they would search for new york to tampa it would be a tedious process. on skiplagged you can just search new york to miami, and you can get results in a couple of seconds. this is why airlines are against it. emily: any other tricks that you have found to find cheaper tickets? >> yes, i also noticed that it can be cheaper to book 21 ways rather than a round-trip. sometimes booking the departing and returning flight can be cheaper

he was the biggest star in television and i was a kid who followed the beacon of his light out of burbank. to be on his show was endlessly nerve racking. >> there was a fire in lauerle canyon and i lost an entire set of dishes. paper burns. >> just like that. >> johnny carson fell hard for dave. >> nobody buys an original house. formerly owned by her cousin. >> squiggy's old place. >> they could really banter. he became a protege which was hard to do. >> you will be working a lot out of that comedy store. >> after a few appearances he went from guest. >> david letterman. >> to guest host and game a network favorite. >> the david letterman show live. >> they were so commiten, he got his own morning talk show. the veteran director. >> it wasn't fun to begin with. there was no room to do musical acts. it was like a sitcom. >> our very own staff member with a gardening chance will be here. >> wildly inappropriate for his style. >> when we return, a devastating blow for david letterman. >> mr. letterman was sure we were doomed like it was the end of everything. ♪ and i'll never desert you ♪ ♪

and i was just a -- a kid who had kind of followed the beacon of his light coming out of burbank. and to be on his show was endlessly nerve-racking. >> there was a fire in laurel canyon and i lost like an entire set of dishes. well you know how paper burns. >> just like that. >> but johnny carson fell hard for dave. >> there's always a former house. nobody owns an original house out here. formerly owned by doris's cousin. >> i think squeeky frome lived in my old house. >> they can really banter. he became a pro ta shay, which was hard to do with johnny. >> i have a feeling after a shot on this show tonight, you're going to be working a lot outside of the comedy store. >> and after a few appearances he went from a guest -- to guest host and became a network favorite. >> it's "the david letterman show" live. >> and nbc execs were so submiten, in 1980 dave got his own morning show. director hal gurnee. >> there was no room to do musical acts and it was like a sitcom, people came in through a door. >> our very own staff member, rich hall, with a gardening hint will be here. >> it was

. >> burbank sees nothing wrong with his policies on moonlighting which are on par with the rest of thentry. >> is there anything you'd like to see fixed about the system? >> to be honest with you, i would do away with part-time working hire more police officers, pay them better money so they don't have to pay them part time >>> and that is our show for today. i'm ali velshi, thank you for joining >>> migrants stranded, off the coast of the thailand. >>> land fall in the indonesia after being rescued by fishermen >>> three generals are arrested in an attempt to have a coun. >>> president barak obama tries to assure countries

just minutes after takeoff from burbank, california, the crew of jetblue flight 292 discovers a problem and prepares for an emergency landing. >> brace, brace, brace. >> a terrified passenger films the entire ordeal and records what could be his final good-byes. >> just thought i'd leave a message just in case that i love you. >> normally dave is a light-hearted guy, a comedian from southern california. >> you were filling the gas tank you would never leave. >> but on september 21st, 2005, he's in no mood for a long cross-country flight to new york. >> i woke up early and i woke up tired because my girlfriend and i had been in a big argument the night before. >> i dropped him off at the airport about 2:30, and i was very angry, and i said, "see ya." >> dave tries to sleep as the plane lifts off, but his nap is interrupted by commotion in the cabin. >> people were agitated, and the fellow came on and said, "we believe that we have a malfunction with our landing gear." >> malfunction, not the kind of word a passenger likes to hear. dave snaps to attention and turns on the tv in the seatba

. >> burbank sees nothing wrong with his policies on moonlighting which are on par with the rest of the country. >> is there anything you'd like to see fixed about the system? >> to be honest with you, i would do away with part-time working hire more police officers, pay them better money so they don't have to pay them part time >>> and that is our show for today. i'm ali velshi, thank you for joining next. [ ♪♪ ] >>> you've been convicted of a crime. and you've done your time. when you fill out job applications, there it is. the box that asks - have you crime. tell the truth, and the odds are pretty good, you won't get the job. ex-inmates say it would help them restart their lives and stay out of gaol if companies would just bend the box. it's tonight's "inside story".

. >> burbank sees nothing wrong with his policies on moonlighting which are on par with the rest of the country. >> is there anything you'd like to see fixed about the system? >> to be honest with you, i would do away with part-time working hire more police officers, pay them better money so they don't have to pay them part time >>> and that is our show for today. i'm ali velshi thank you for joining us. >>> we want to know his account of what he recalls leading into that tragic offense. >> investigators turn their attention to the train engineer in the deadly amtrak derailments. >> the united states will stand by the g.c.c. partners. >> president obama promise gulf leaders more military cooperation amid concerns over iran. the secret service arrests a man for flying

luke burbank this morning shows us how small things can make a world of difference. >> they say beauty is in the eye of the beholder but good design that's something everyone can appreciate,. >> i think the notion that because somebody is poor they don't have the same appreciation for beauty or function is completely erroneous. from india. >> creating heidi sign and low cost. later on "sunday morning." >> design plays a role in many aspects of our lives. even if something is just being built for laughs. this morning comedian jerry seinfeld will be sharing his insights with anthony may on. >> jerry seinfeld's internet show is about cars and comedy. he's obsessed with the design of both. you break comedy down in architectural way. >> i like structure. i like lodge glike later on "sunday morning," we go for a drive with jerry seinfeld. >> am i driving too fast for you? >> cleaning windows at auldbrass is pretty down to earth task. but on a skyscraper, this morning, mo rocca does windows. >> architects design them, construction workers build them. this is good exercise. who cleans them? >>

his wife goes the same day, an hour later except they're both going to burbank and the same studio and go in separate planes. they said, that is the way it was scheduled. i guarantee you ellen degeneres and jimmy kimmel would have come to the white house and you would have said, they could have taken one plane. they take two massive boeing planes to the same city. that is the way the country runs. whether it is that were a $5 billion website that never worked properly. still doesn't work properly. there are so many things you can do. the other day $125 billion in waste they can find. so somebody like me would do a great job. believe me. i am an outsider. the republicans and a lot of people, the insiders, they do not like this. they want politicians. as i said before, i don't follow -- i dealt with politicians all my life. they are all talk, no action. what they are good at is self-preservation. that is all they want. they preserve their own job. they do not help us. it is about time we had an outsider going in. i could do one hell of a job. josh: were going to jeff johnson. >> i have t

. >> reporter: in burbank, california the store competes by kee margins as thin as a butcher's blade.> every week we have to re-evaluate our prices we have to do cutting tests to make sure we're right in line. >> reporter: consumers may not just have a beef with beef avian flu is causing chicken prices to fly high while breast meat prices are relatively flat wings are up 33%. >> i think it's just pretty much going along with what the economy is right now. >> reporter: which is why john hincy is planning on pork this. pork prices are leaner after the hog industry bounced back from its own virus last year. so when will beef prices become more affordable? >> i think they are going to stabilize right now. i mean they can't seem to go much higher because what's going to happen is people are going to like gasoline when gasoline goes way up people quit driving so much then you have too much and then the prices start coming down and stuff. >> reporter: they don't go all the way down. >> no they'll never go back down. >> reporter: maybe next memorial day you could have more c burger in your bu

several months ago this pack of coyotes were caught on a security camera running across a burbank lawncoyotes chased nick mendoza while he walked his dog. >> when i was walking, i saw the four and the others started circling, coming around. that's when i knew that i was the prey. and when you're the prey, that's very scary. >> reporter: martine colette runs a wildlife way station north of los angeles that rabble face exotic animals. she now sees animals coming down from the hills looking for something to drink and has started placing bowls of water around the property to help them. >> people have water. they have fish ponds swimming pools, dog dishes for water. an animal that smells that water will come down into urban areas. >> reporter: experts say the drought has hit small animals the hardest. die an nichols has rescued and fed 191 baby deer in the last year at her farm in placer county, california. this rescue group nursed hundreds of starving squirrels back the life and released them into the wild. and north of san francisco an owl looking for the food was plucked off the intersta

--si se aprueba la medida solo entraria en vigencia en zonas como burbank y san martin.ndio causa preocupacion entre los residentes del norte de san jose por la presencia de quimicos peligrosos... vo-blanca ---un accidente de transito termina de forma tragica para un conductor del este de la bahia al estrellar su auto contra un camion de carga. ---la informacion, mas adelante. zoom in camera cesar --- muy buenas tardes... blanca ---si usted estuvo hoy en la playa en half moon bay probablemente vio una inmensa ballena muerta en la orilla... cesar -se trata del tercer cetceo que termina en esas condiciones en las ltimas semanas... roll stinger ---y justo en la misma zona litoral... take 2 box ---andrs brender est justo en esa playa, y andrs cuntanos que dicen los expertos?... take andres live andres live live bug giancarlo thomae andres live v6blanca ---en martinez equipos de v6blanca ---en martinez equipos de rescate acudieron a una zona remota de un parque publico en las afueras de la ciudad para rescatar un caballo que cayo a un barranco de unos 50 pies de profundidad.

. >> reporter: at stores like this shop in the burbank neighborhood of san jose the signs say it all. no tobacco sales to anyone under 18. but a new proposal has him fuming. >> this is how the prohibition started in this country. >> reporter: santa clara county supervisor ken yeager wants to ban tobacco and e-cigarette sales to anyone under 21 for health reasons. >> when you're 21 and over you're much more able to have a tobacco product and not get addicted to it. >> reporter: if approved the ordinance would only affect stores in the unincorporated places of the county. monroe says his sales would drop while neighboring cities would not be affected. >> they're just across the line which is two streets on the other side and they'll buy the same product. >> reporter: another bay area city has raised the age to buy tobacco from 18 to 21. healdsburg in sonoma county. yeager hopes his proposal will continue the trend. >> even though we know our ordinance here may not have a wide effect its real benefit is to have all the other cities follow suit and i'm hopeful that they will. >> reporter:

so this is really good news for dodgers fans in places like burbank and long beach which only have charter cable. they'd actually begin to watch the dodgers on television. >>> new house prietce data this morning from case-shiller. the schiller part of case-shiller won a nobel prize for economics. the data show that the increase in prices in homes in the san francisco area gained 10.3% year-over-year. 3% in just the last month. that's the fastest rise in the nation. this isn't going to last forever. in fact, the report discusses the possibility of a bubble. quote, given the long stretch of strong reports, it's no surprise that people are asking if we're in a new-home-price bubble. the only way you can be sure of a bubble is looking back after it's over. >>> taco bell along with its sister company pizza hut say they're getting rid of artificial colors and flavors. this makes them the largest restaurant chain to do so. other food companies are doing the same. you may recall kraft said its macaroni & cheese won't contain the bright orange additive. they use black pepper flavor to flavor the me

headquarters in burbank, california. it's 11:00 a.m. here on wall street. and "squawk alley" is live. ♪ ♪ >>> welcome to "squawk alley" for a tuesday. joining us, kevin o'leary, chairman of o'leary ventures and investor on "shark tank." kayla tauschy as we watch the market down 48 points this morning. couple calls on the street. netflix getting an upgrade from bank of america, based on its rapidly growing portfolio of aaa content. they take it from underperform all the way to a buy. they take their price target from 350 to 722, and then tesla initiated as a buy over at jeffries, a $350 target on the stock. jeffrey says china concerns are overblown, gross margin improvement and significant pent up demand for tesla cars. kevin, two very note worthy calls, especially -- b of a essentially admitting we've been wrong on netflix for a long time. >> netflix is interesting, because i would argue you would get more volatility, there is more risk in the stock now than ever. when you create hollywood content, you run into the hits and misses. and i know everybody says

so this would be good news for dodgers fans in places like burbank and long beach who have charter cable. they could actually watch the dodgers on television. >>> wall street gets back to work after three-daybreak. last week the s&p 500 set new records. you'll report janel yell len gave a major address on friday in which she said she expected interest rate hikes later this year. >>> about 6:45 our time we will get the case-shiller report on house prices. last time we saw it, san francisco gaining 10% in one year. highest slightly over denver. just amazing numbers. >> yeah. pretty big. >> living here you would believe it. thank you very much, scott. >>> update to breaking news. police in grand fork, north dakota, say an airman from grand porks air force base was involved in a deadly shooting inside a walmart store overnight. that city's police chief says three people are involved in the incident. the airman and two others. we also know the shooter is dead. a number of other people were in the store at the time of the shooting. taken to the hospital. no word on the age of the victims or wh

in a few minutes, we will be speaking with john burbank from passport and talking to larry summers. jim chain us. a big morning. erik: and then pickens. stephanie: if you thought last week was good, boone talking about the stucco bathtub. i think he may have said elizabeth warren? erik: let's not forget about lee cooperman. stephanie: elizabeth warren could not be eggs -- beat eggs. how good is that line? so much in store. you've got to stick with us. betty: thank you. erik and stephanie at salt. that is coming up in the next hour. ever wonder how big pharmaceuticals became so big? we will take a look at the big business of design is a pharmaceuticals and why some companies are staying competitive eye raising, -- by raising prices. ♪ betty: the u.s. prescription drug business is a huge industry. a big part of how they stay competitive is pricing. some of the drug companies are actually raising prices and not lowering them. take for example, a drug for diabetes. prices raised 16% last may. the next day, the direct competitor also registered an increase of 16%. this has all occurred 1

there are some brush fires north of burbank where we begin.arizona just south of tucson almost to the mexican border 2,000 acres still only about 20% contained. so we're watching for those brush fires again today, but that upper level low is the one causing the showers and in the sierra some higher level snow so the snow elevation up there, but you can see west to east spokane going for a high of 81, denver, 61. jacqui: jacqui: good morning washinon. you want to grab a jact and an umbrella both today. it will l be cool what with areas of rain off and on. it will taper off this afternoon or early this evening. dress for temperatatur in the upper 50's to lower 60's. overnight, gradual clearing with tool temperatures.s. tomorrow, that was cool tempmperatures. totomorrow, partly cloudy and a litt brereezy. we will clear up >> and a big thank you for your service. where are you based? >> out of norfolk, virginia. >> norfolk, virginia. all right. let's get inside. >> fleet week, yes. fleet week! we were just in here going fleet week fleet week. you

there are some brush fires north of burbank where we begin. south of tucson almost to the mexican border 2,000 acres still only about 20% contained. so we're watching for those brush fires again today, but that upper level low is the one causing the showers and in the sierra, some higher level snow so the snow elevation up there, but you can see west to east spokane going for a high of 81, denver, 61. >> only, i am meteorologist mike nicco with the microclimate forecast. you will need an up agreed in the next 36 hours with scattered drizzle and light showers, trending dry and warm and the pattern holds next week. the temperatures look like they have all week, mid-to-upper 50s along the coast and low-to-mid 60s along the bay and maybe 70 inland. tonight we are in the low-to-mid 50s with a chance of wet weather again. here is my seven-day forecast: we are finally back to normal >> and a big thank you for your service. where are you based? >> out of norfolk, virginia. >> norfolk, virginia. all right. let's get inside. >> fleet week, yes. fleet we

. >> it's perfect because w we are starting on the west coast there are brushfires north of burbank.border. two thousand acres almost 20% contaped. upper level low is causing the showers in the see -- sierras higher level snow. denver 61. >> reporter: ginger we've had a half inch of rain over the last month. we're getting more today. sprinkles in the city. cloudy skies across the region. temperatures in the 50s, the exclusive accuweather seven-day forecast we'll only get a high of 63. cloudy and damp, occasional sprinkles and showers steadier rain the best chance of that would be closer to the shore. 74 and dry tomorrow. >> norfolk, virginia. all right. let's get inside. >> fleet week, yes. fleet week! we were just in here going fleet week fleet week. >> no you were doing that. >> okay i was. ginger, get in here please. "pop news" time. you guys hear that song? ♪ come on dan. >> you don't want me to sing. >> yes, i do. >> do your dance. >> keep going with the segment. >> all right. wah-wah. 50 years after their first number one hit "satisfaction" the stones back and fans say better t

his wife was the same day an hour later write at the same time but they vote goes into burbank.oing into the same -- same studio and they go on separate planes. then they say that was a the way the schedule. i guarantee you there's no question about it colon to generous and jimmy kimmel would have come to the white house. they could have at least taken one plane but they take to massive boeing planes to go to two different interviews and in the same location in the same city. that's the way the country runs. whether it's that are 5 billion-dollar web site or obamacare that never worked properly and still those who were properly. there are so many things you can do and one other thing last week they came out 125 billion dollars in waste that they found. somebody like me -- somebody like me would do a great job. i'm an outsider and the republicans a lot of people the insiders don't like this because they want politicians. as i said before i have dealt with politicians all my life. politicians are really easy for people like me. they're all talk. there are no action. but they are g

at disney headquarters in burbank, california. it's 11:00 a.m. here on wall street.alley" for a tuesday. joining us kevin o'leary, chairman of o'leary ventures and investor on "shark tank." kayla tauschy as we watch the market down 48 points this morning. couple calls on the street. netflix getting an upgrade from bank of america, based on its rapidly growing portfolio of aaa content. they take i

they're both going to burbank going to the same studio and they go in separate planes.nd they say well that was how it was scheduled. scheduled. i can guarantee you alan did generous and jimmy kamel would have come to the white house or they could've at least taken one plane. but they take two massive boeing planes and it's the same location and the same city. so that's the way the country runs. whether it's that or five billion-dollar websites for obama care that don't work properly and still don't work properly. there are so many things you could do jim $125 billion in waste that they can find. somebody like me would do a great job. believe me. i'm an outsider and the republicans and the insiders don't like that because they want to have the politicians. i've dealt with politicians all my life. they are really easy for people like me. look they're all there all talk they are no action. what they are good at is self-preservation. they preserve their own job. that's all they want but they don't help us. it's about time we had an outsider going in and i could do one hell

benjamin in burbank, california. early morning to you. benjamin benjamin: very early. obviously it's a tragedy what happened. but anything government gets involved in is a disaster. no offense what these previous callers are saying but they don't know what they're talking about. if this was privatized there would be incentive for this not to occur. for the guy before who said we can't, why not? who says we can't. anything government gets involved in, it's pretty much a disaster. we should start realizing that before it's too late. >> the opinion page of "usa today", the opposing views of this, they note sean davis from the federalist saying -- laura in seattle, it's your turn. give us your take. laura: i agree with the first two callers. i travel amtrak quite a bit down to southern california which is breathtaking and gorgeous, and i would gladly pay more taxes. i don't think privatizing is the solution. there's too much greed and we can see that already. that's a big problem in our country and embarrassing when you travel overseas. i just think that we have to get beh