the head of charles schwab, one of the nation's largest vestment advisers, tells people who they can do their money. >>> and astrazeneca, and the story is far from over. >>> and power surge, why utility stocks are this year's darlings and can they continue to out-perform? we have all that and more tonight on "nightly business report" tuesday may 27th. >>> good evening and welcome, everybody, back to work and back to setting records. investors return from the long holiday weekend in a buying mood pushing the s&p 500 into record-closing territory and driving the enthusiasm today with deals and data. pilgrims pride offering to buy hillshire brands for more than $6 billion. more on that one and on the economic front, orders for goods rose, and shares are increasing. by the close the dow gained 69 points to finish at 16,675. the nasdaq added 51, the s&p 500, added 11 clouto close at t all-time high. there were other milestone, the transportation and material markets sitting at all-time highs while technology is at levels not seen since the year 2000. but this year, believe it or not, the

giving all profits to charity and pursuing the common good for over 30 years, kovler foundation, charles schwabunion bank, and united health care. >> for nearly 150 years, we have he leaved the commercial bank owes its clients strength, stability, security, so we believe in keeping lending standards high, capital ratios high, credit ratings high. companies expected it then. companies expect it now. doing right -- it's just good this this. union bank. >> when i was pregnant, i got more advice than i knew what to do with. what i needed was information i could trust for how to take care of me and my baby. united health care has a simple program that helps moms stay on track with their doctors and get care and guidance they can use before and after the baby is what i needmple is right now. >> health in numbers. united health care. >> and now, "bbc world news america." >> this is "bbc world news america." once the capital of the syrian revolution, rebel forces leave ,he battered city of homs handing president aside a significant victory. the nigerian government offers a reborn for help in finding th

giving all profits to charity and pursuing the common good for over 30 years, kovler foundation, charles schwaband union bank. >> at union bank, our relationship managers work hard to know your business, offering specialized solutions and capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you? ♪ >> when i was pregnant, i got more advice than i knew what to do with. what i needed was information i could trust on how to take care of me and my baby. united health care has a simple program that helps moms stay on track with their doctors and get care and guidance they can use before and after the baby is born. simple is what i need right now. >> that his health in numbers. united health care. >> and now, "bbc world news." >> this is "bbc world news america." a new video released by boko haram gives the world its first glimpse of the abducted nigerian schoolgirls and makes specific commands to when they are released. condemnation of the ballots in ukraine. pro-russian groups say they have proven p

own foundation, giving all profits to charity and pursuing the common good for over 30 years, charles schwab, and union bank. >> at union bank, our relationship managers work hard to know your business, offering specialized solutions and capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you? >> and now, "bbc world news america." >> this is "bbc world news america." the clashes in ukraine take a deadly turn. at least 30 are killed after a fire breaks out in a building occupied by pro-russian separatists. a landslide from heavy rains devastated afghan village. the u.n. says at least 350 people have died. and 100 years after dylan thomas was born, we will retrace the poet's steps through new york city where his legacy lives on. on public our viewers television and america and around the global stop today, the violence in ukraine took a deadly turn. this morning, the ukrainian government launched an offensive to retake a city in the east of the country which was controlled by pro-russian sepa

union bank, and charles schwab. >> at union bank, our relationship managers work hard to understand they you operate in. foring to provide capital key strategic decisions. we offer expertise and tailored solutions in a wide range of industries. what can we do for you? >> "bbc world news" was presented by kcet, los angeles. captioning sponsored by macneil/lehrer productions >> ifill: in a sweeping new report on climate change, the obama administration says the problem has moved from the future into the present, and the worst is yet to come. good evening, i'm gwen ifill. >> wooduff: and i'm judy woodruff. also ahead this tuesday, a major setback in the push to wipe polio off the map, the world health organization calls fresh outbreaks on two continents a public health emergency. >> ifill: plus, our week-long series on parenting continues. from princess obsessions, to inspiring tomorrow's engineers. how to navigate mixed cultural messages when raising our girls.

charles schwab said earlier this year -- it pla >>> san francisco base broke brokerage firm is eyeing dallas. charles shwab was planning to move jobs. right now they are keeping quiet but dallas real estate brokers are buzzing about a possible move. >>> it said that whisk sefor drinking and water is for fighting. a big fight is brewing up over bottled water. crystal gyser has plans to pump water from the base of mount shasta. why some locals want to keep a lid on it. >> reporter: on majestic mount shasta, the tribe believes water is sacred. >> we are a tribe that sings to the water. we go there and we sing to that water. >> reporter: as the snow melts and percolates up in crystal clear springs there is a water war bubbling at the state's 5th tallest mountain. >> we are on the tipping edge of our existence on this planet by going after the water. >> reporter: the tribe and others around mount shasta are concerned. especially in this drought about anything that might draw down their water supply. mount shasta is a 14,000 foot volcano, most of the snow melt and run off from here goes und

regulators are reportedly investigating charles schwab, and bank of america's merrill lynch for allegedly missing red flags on money laundering involving drug trafficking. and gm ceo on capital hill. mary barra reportedly has told lawmakers the car company could release an internal investigation and plans to compensate victims in the next few weeks. let's check in now with a trader todd horowitz of the average joe options. hello my friend, how're you doing? > > what's up angie? > > well let's talk about the treasuries to start with. what's your treasury play? we've heard so much fed speak this week. > > you know i think that you're seeing a big flight to quality, you're seeing a lot of buying in treasuries except yesterday a minor sell-off, but for the amount that we've rallied you know the sell-off yesterday was really very little. i think you're seeing a big flight to safety here, i think there's a big arbitrage of money actually coming out of the equity market even though it rallied into the treasury market. > > it has been a wild week for those equities so what are you doing with your

union bank, and charles schwab. >> at union bank, our relationship managers work hard to understand they you operate in. foring to provide capital key strategic decisions. we offer expertise and tailored solutions in a wide range of industries. what can we do for you? >> "bbc world news" was presented by kcet, los angeles. (george chattering excitedly) this program was made possible by: can fuel a lifetime of learning. abcmouse.com early learning academy, proud sponsor of pbs kids and curious george. abcmouse.com early learning academy, are designed for kids to be as active as their imaginations. all she knows is that, today, purple is her favorite color, and that's good enough for us. stride rite is a proud sponsor of "curious george." at houghton mifflin harcourt, we believe reading opens new worlds and inspires curiosity in learners of all ages. we're proud to sponsor curious george on pbs kids. funding for curious george is provided by contributions to your pbs station... ooh. ...and from: (lively drum intro) ♪ you never do know what's around the bend ♪ ♪ big adventure or a brand-ne

giving all profits to charity and pursuing the common good for over 30 years, kovler foundation, charles schwab, union bank, and united health care. >> for nearly 150 years, we believed the commercial bank owes its clients strength, stability, security. so we believe in keeping lending standards high, capital ratios high, credit ratings high. companies expected it then. companies expect it now. doing right -- it's just good business. union bank. when i was pregnant, i got more information than i need it. united health care has a simple program that lets mom stay on track with their doctors and get care and guidance they can use before and after the baby is born. simple is what i need right now. >> that's healthy numbers. united health care. >> and now, "bbc world news america." >> this is "bbc world news america," reporting from washington. violence in eastern ukraine leaves at least 20 people dead. in crimea, president clinton makesa -- president putin a triumphant visit that is condemned in america stop anger in the nigerian government after they say they have advanced warning about the raid

could san francisco financi giant, charles schwab be mo its headquarters -- and its jobs--from san francisoa bay area teeanger bec the youngest challenger at a prestigious chess tournamen kpix 5 news is next. new at 6:30 -- fresh detail the pilot of a plane that ,, show. good evening, i'm brian hac. >>> new at 6:30. fresh details on the pilot of a plane that crashed at travis air force base during an air show. >> good evening. >>> kpix reporter will join us live from fairfield where the officials wrapped up a

. >>> word that charles schwab said earlier this year it planned to move about a thousand jobs to texas or colorado. right now, the company though is keeping quiet, but dallas real estate brokers are already buzzing about a possible move. >> time now is 5:08. >>> a circus act turns into a scene audience members would rather forget. the investigation into the accident that left nine performers injured. >> and the short-term rental business is under fire here in san francisco. i'm mark kelly live at city hall where an initiative could limit this business. >> there is a slight chance of a couple of sprinkles and much cooler temperatures. we'll talk about it coming up. >> and here's the delays we mentioned in tracee on 205 from 11 to mountain cross. it's down to a crawl. travel times coming up. first, we want to know what drives you crazy. e-mail crazy@kpix.com. watch here to see if your question gets answered on air. we'll be right back. , who are you? [whispering] i'm the breakfast fairy. what are you doing? leaving you a few bucks. that's all you need for my - sourdough breakfast melts,

eric schmitt, meg whitman, charles schwab. i'll have the details when "power lunch" returns.equires precision and anattention to detail.g it takes knowledge, hard work and a plan. at baird, we approach your wealth management strategy that same way. as an employee owned firm we have the freedom and resources to create customized financial plans built to last, from generation to generation. we'll listen. we'll talk. we'll plan. baird. today is friday today, we greet you. treat you. care for you. today, you can come to cleveland clinic for anything, everything or just to get that "thing" checked out. big, small, and yes, the best heart care in the nation. it's here everyday, for everyone. that's the power the power, that's the power of today. cleveland clinic. call today, for an appointment today. >>> look who's here. >> wee trying to figure out a direction. take a look at the dow jones industrial average. we did move into positive territory sometime in the middle of the day. i've been emphasizing the whole battle of the momentum stocks versus the broader s&p 500. take a look at

today and get a $150 amazon.com gift card when you call 1-888-330-3137 now. optionsxpress by charles schwab. hi, are we still on for tomorrow? tomorrow. quick look at the weather. nice day, beautiful tomorrow. tomorrow is full of promise. we can come back tomorrrow. and we promise to keep it that way. driven to preserve the environment, csx moves a ton of freight nearly 450 miles on one gallon of fuel. what a day. can't wait til tomorrow. >>> welcome back. the i-shares analysis deck biotech is sup session highs. big names like biogen, also alexian, regen ron, celgene, all these big names. investors once against looking at these ultimate momentum plays, but for today, tyler, they are to the up side. >> pfizer giving up on its plan to buy astrazeneca. astrazeneca had said the most recent offer was still undervalues the company. >>> intercontinental hotels reportedly rejecting a takeover from an unnamed u.s. bidder. shares of the world's largest hotel company up nearly 3% at 38.71. sony setting up two joint ventures to manufacture and sell its playstation console over in china. now, get this -

call 1-800-330-3136 now. optionsxpress by charles schwab.rporate trial by fire when every slacker gets his due. and yet, there's someone around the office who hasn't had a performance review in a while. someone whose poor performance is slowing down the entire organization. i'm looking at you phone company dsl. check your speed. see how fast your internet can be. switch now and add voice and tv for $34.90. comcast business built for business. >>> before the break, we teased you about what the most fast-growing participatory sport or sport-like activity is in america right now? it is not, by the way, any of the sports you see on that screen. sarah eisen is with us for the answer. based on your tease, sarah, i would have thought because you were in a bar and you referenced mill lennial, it was competitive drinking, but it's not. >> it's not competitive drinking. how about a business proposition? 67 million customers, average customer age 29 years old rapidly growing popularity among the younger demographic? it's bowling. not your father's bowl

we own some charles schwab.they'll be benefit of higherer short rates, we own northern trust and great fee based companies but we own northern companies where the smart guys are. >> and would you talk about a name in some of your top holdings, why? >> it's a spinout from the old tyco. it's-really the crux of the business is amp. what a great great connector company. huge industrial play. i like analog devices for industrial exposure, i like in my mid-cap fund, i like linear tech for the industrial exposure. you got to like telecom for their industrial exposure. those are the way you play industrials are the back doorways to do it rather than saying i have to own ge, i like ge, there are other ways to play power pricing companies. they're armed sellers, what these guys are, old-fashioned armed sellers, always better plays if you're on the right trend. >> you don't own apple or you do? >> do not. >> why? >> oh, man, i don't know >> i hate to ask people who don't own -- >> it's been the wrong call. it's not expensi

is the worst performing market followed by e-trade and charles squab and micron. e-trade and charles schwab been very weak and maybe that reflects what investors are doing and whether or not wall street seen this coming. and cisco, the best performer in the s&p 500 right now. >> and one of the only good performers. we've been talking lower with the dow and s&p. it's the worst day in over a month hire for those two particular indices. early on today there were only about three particular stocks including cisco, and verizon. >> there's only one now. >> only one. >> i'll give you a reason to not be as concerned, what you talk about all the time, copper. copper is actually higher right now. if there was this great global macro kern about the global economy reslowing down, europe dragging us in the murasce, we might see copper, i was looking at a different date. even july contract down one penny. so the contract i'm looking at is slightly higher. in other words, copper is not falling off a cliff today and natural gas up -- >> pretty weak so far this year. remember earlier on this week we did the

charles schwab manages 2.3 trillion. they're looking for the next trillion dollars. gen y has about a trillion. baby boomers want to talk to someone about how they'll retire, when they take it, et cetera. >> the music is playing. >> when do we have a hard break? >> we missed it 45 seconds ago. >>> coming up, janet yellen and what it means for the summer. >> i want to talk about the olympic story. i'm blown away by the olympic story. i'm going to talk about it. >>> and the mayor of cincinnati, i think this is my friend's nephew. i'm not sure. john crayon nley. i know all the cranleys. ♪ cincinnati wkrp true business-grade internet comes with secure wifi for your business. it also comes with public wifi for your customers. not so with internet from the phone company. i would email the phone company to inquire as to why they have shortchanged these customers. but that would require wifi. switch to comcast business internet and get two wifi networks included. comcast business built for business. (man speaking jananese) tigers, both of you. tigers? don't be modest. i see

giving all profits to charity and pursuing the common good for over 30 years, kovler foundation, charles schwab. so we believe in keeping lending standards high, capital ratios high, credit ratings high. companies expected it then. companies expect it now. doing right -- it's just good business. union bank.

own foundation, giving all profits to charity and pursuing the common good for over 30 years, charles schwab at union bank, our relationship managers work hard to know your business, offering specialized solutions and capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you? >> and now, "bbc world news

call 1-800-330-3136 now. optionsxpress by charles schwab.e talking toevere rheuyour rheumatologistike me, about a biologic... this is humira. this is humira helping to relieve my pain. this is humira helping me lay the groundwork. this is humira helping to protect my joints from further damage. doctors have been prescribing humira for ten years. humira works by targeting and helping to block a specific source of inflammation that contributes to ra symptoms. humira is proven to help relieve pain and stop further joint damage in many adults. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, such as infections, lymphoma, or other types of cancer, have happened. blood, liver and nervous system problems, serious allergic reactions, and new or worsening heart failure have occurred. before starting humira, your doctor should test you for tb. ask your doctor if you live in or have been to a region where certain fungal infections are common. tell your doctor if you have had tb, hepatitis b, ar

call 1-800-330-3136 now. optionsxpress by charles schwab. female narrator: through sunday, it's posturepedic through sunday, it's posturepedic versus beautyrest with up to $400 off. serta icomfort and tempur-pedic go head-to-head with three years' interest-free financing. mattress price wars end sunday at sleep train. ♪ your ticket to a better night's sleep ♪ ♪ >>> lorde, your favorite. >> i like that group. they're great. >> not jovi. >> it's a single person. young 16-year-old or 17-year-old girl. >> hot. >> very hot. >> from new zealand. >> apple formally announcing the $30 billion deal with beats, but apple is making it clear, it's not all about buying. take a listen. >> we don't try to do too many things. as i said, we're not smart enough to do 100 great things. we want to do a few really incredible things, and we're focused on that. and that hasn't changed. and it's been -- you know, keep going down the path of building great, great products. and, you know, later this year, we've got, you know, the best product pipeline that i've seen a

. >> charles schwab, proud supporter of the pbs "newshour." >> and the william and flora hewlett foundationlping people build immeasurably better lives. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: gusty winds in southern california died down today, and that gave firefighters a window of opportunity to bring nine wildfires under better control. the fires started tuesday and burned through more than 9;000 acres in san diego county. the fast-moving flames burned several dozen homes, forced tens of thousands of people to evacuate, and closed schools. fire officials said the dry conditions are the worst they've seen this early in the year. >> you can tell it's extremely hot, it's dry, we're early in may, we have a long fire season ahead of us, but know that we still have a lot of work to do here, days of work ahead of us, not only on this fire and the fires that occurred in the past several days, bu

. >> charles schwab, proud supporter of the pbs "newshour." >> and the william and flora hewlett foundationg people build immeasurably better lives. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org  . >>> this is "nightly business report" with tyler mathisen and susie gharib. brought to you in part by. >>> thestreet.com, featuring stephanie link who shares her investment strategy, stock picks and market insights with action alerts plus, the multi-million dollar portfolio she manages with jim cramer, you can learn more at the thestreet.com. >>> and wall street turns its gaze toward tomorrow's monthly reports, we'll tell you what the market expects and why. >>> and handing over the keys, as ceo alan mullaly steps down, what is ahead for the new automaker. >>> and how they are dealing with a mo

. >> charles schwab, proud supporter of the pbs "newshour." >> and the william and flora hewlett foundationg people build immeasurably better lives. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: a huge underground bomb in syria blasted a hotel into ruins today, killing up to 100 people. it happened in the key northern city of aleppo, where a syrian government militia had been using the hotel as its base. john sparks of independent television news has this report. >> reporter: some say they're fighting a losing battle. today, however, rebel fighters in syria showed they are still a force to be reckoned with. in the heart of historic aleppo a prestigious hotel was destroyed in a massive explosion. the opposition group, islamic front, took credit for the blast and these pictures. the attack like so many other moments in this conflict has been well documented. in february, rebel combatants showed off

giving all profits to charity and pursuing the common good for over 30 years, kovler foundation, charles schwabg specialized solutions and capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you? ♪

today and get a $150 amazon.com gift card when you call 1-888-330-3137 now. optionsxpress by charles schwabweek i love this feature. we call it the "power house." we gave you some hints about the city or the general area where we're going to be. the birthplace of robin williams, home of the world's first skyscraper. can you name that city? i just said it, chicago. she's going there this weekend. with us is millie rosenbloom. millie, welcome. good to have you with us. up 2.2% year over year. properties on the market, average 68 days. and there's a 2.7-month supply of inventory. today where you're going to take us, millie, out to naperville which is a suburb out there. very nice place. have some friends who live out there. first listing, 719 -- i guess it's called knoch knolls road, $490,000, $9500 in taxes. looks very nice, millie. >> it's a three-story home. it has a very open floor plan. large kitchen, family room combination. beautifully finished, and it's close to the metra. >> close to the metro. do we have interior shots of it? on a nice piece of land. >> we do. >> how old is this hous

the head of charles schwab, one of the nation's largest vestment advisers, tells people who they can do their money. >>> and astrazeneca, and the story is far from over. >>> and power

the head of charles schwab, one of the nation's largest vestment advisers, tells people who they cantheir money. >>> and astrazeneca, and the story is far from over. >>> and power

bnsf, the engine that connects us >> charles schwab, proud supporter of the pbs "newshour." >> and the and flora hewlett foundation, helping people build immeasurably better lives. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org >> this is "bbc world news america." >> funding of this presentation is made possible by the freeman foundation, newman's own foundation, giving all profits to charity and pursuing the common good for over 30 years, and union bank. >> at union bank, our relationship managers work hard to know your business, offering specialized solutions and capital to help you meet your growth objectives. we offer expertise and tailored

video eye candy that people love about real esta estate, a place like eric schmidt, meg whitman, charles schwabanging its head in shame. >> it must. >> nice california weather. people are checking that out. now, this is funny. i've always noticed whenever we throw out a post office story people flock to it. >> that's true. >> the latest numbers from the post office, and the post office, again, they lost money, nearly $2 billion and they are saying congress needs to fix how they work. >> look, if they have to account for their pension liability over a 70-year period so i do sympathize with them. >> can't control their labor or delivery schedule. >> right. >> but our reader is always interested in the post office, and then finally we have a feature up why salmon may become the new lobster, all right? salmon used to be a big treat and all these salmon farms came along and everybody started eating salmon. demand went up. we just had a hard winter so supply is getting a little pressed. >> oh, no. >> how much are prices up? >> seeing like a 7%, 10%, 15%, depending on where in the world you are so the

is reportedly investigating charles schwab and bank of america's merrill lynch brokerage. at issue is whether the firms are doing enough to police their clients' identities. this would have to do with money laundering because the new anti-money laundering rules require that brokerages know their customers, which has always been -- >> know your customer. >> know your customer has always been something. it wasn't always in the context of whether you were laundering money or not. >> we need to shift gears this morning. there was a deadly bombing attack in china, killing 31 and injuring dozens more. eunice yoon joins us right now. she has an update from beijing. eunice? >> thanks a lot, becky. the government is calling this attack a serious, violent, terrorist incident. the state media is reporting that two vehicles rammed into a crowded marketplace in the early morning in the capital of the american xinjiang region. 31 people are dead, at least 94 have been injured. witnesses say explosives were thrown out of the vehicles and that one of the suvs burst into flames. now, many

call 1-800-330-3136 now. optionsxpress by charles schwab.rtunities of countless people, every one of us, striving to succeed. that's what lights cities up for more than 200 years, citi's job has been to help empower people and business. wherever ideas come alive. wherever you are. the world's citi. >>> so is now the time to capitalize, the energy segment created job opportunities. interveil is joining us the co-founder and managing partner of interveil capital. charles, thanks for being with us. >> thanks, for having me. >> so you recently launched your third fund it was oversubscribed. you came in with $5 million. are investors wanting to get in on this? >> that is correct. there strategy requires small standards. 500 almost was all we could take. there was demand for much more. >> why does it require a smaller fund? >> unlike the energy space, e & p, power, mid-stream, it can scale up and require large amounts of capital. services is a space in which you are investing in small mom and pop companies typically with high growth and putting gr

liz ann sonders at charles schwab. she is in connecticut. what do you think this will be today? market and the gdp negative being totally disconnected at this point. >> i have no reason to be outside the consensus. we go down at least half a percent. that's it. second quarter will be a bit stronger than the consensus. it is clustered around 3.5. i don't even think 4.5 is that much of a stretch. extrapolating that is a mistake. it's a backwards looking number. i don't think it's market moving unless it is significantly different than what consensus suggests. >> we have been talking about the 10-year and some of gary cohen's comments from goldman yesterday how the markets are not normally in terms of volatility. it's being obscured by all this fed action. do you think that's true? and is that dangerous for when they are finally out of the market? >> see, my view maybe is a little bit different than the consensus. i think the fact that they have had the foot on the act accelerator so long and so hard is contributing to uncertainty. a baby storm towards normalization will lift that

it's home to a lot of the bay area's elite, including meg whitman, sheryl sandberg and charles schwabxpensive. josh joins us live from atherton. over to you, josh. >> reporter: yeah, simon, silicon valley real estate is red hot, but there is no place hotter than here in atherton, california. the average home price is now up about 40% year over year. brokers say last year there was this buying frenzy for homes in the $5 million range. that demand has now pushed buyers into the ultra-high end, just the first quarter seven sales in excess of $10 million. why the increase? because atherton is in the heart of silicon valley, which is thriving. >> we have a market here with high demand, low supply. and, of course, we are the center of technology. the tech sector is doing well. everything that drives the tech sector, the local economy, the venture capital, private equity, we are just the center of innovation here. and so, that, more than anything, drives our housing market. >> reporter: there are many exclusive communities for the elite in silicon valley, but brokering say atherton is the mo

justice and she is out there lobbying for you julie are welcome general mills general mills amazon charles schwab netflix. starbucks they force this arbitration secretly the people don't even know about the give away all their rights that's right mike most people don't know about the us and most corporations unfortunately in america today are using what's called for starbucks ration classes and all of their agreements or contracts with consumers and it's important to know what force is and what it is and most people think it's a good thing well one thing we know it's a disaster for the consumer what just a quick list and you lobby about this all the time try to explain this inside the beltway to capitol hill sometimes they don't get it it allows a corporation to cheat steal and in lie to consumers and then the consumer can't do anything except appear in front of the that company's panel of judges there in the employees of the company that that decide the fate is did i get that right that's exactly right it is a rigged system for separate trace and it's really un-american you know it's a range sys

schwab, bank of america, charles schaub up 2% and bank of america up 0.2%. >>> mary barra briefs abouttch recall. they plan to compensate victims. both could be done in a few weeks. barra also told lawmakers gm can't keep up with demand for replacement ignition parts though it should catch up by july. >>> the tobacco industry has come under harassment for years now. it still generates hundreds of millions of dollars of sales. seema has more for us. >> reynolds, american and lorillard are reportedly in advanced talks on a merger that could reshape the tobacco industry. a deal would combine such cigarette brands as camel, pall mall and newport. altria which sells marlboro cigarettes as a 50% market share while reynolds and lorillard have 27% and 15% respectively. reports say the company is working to finalize a deal within the next few weeks. buying lorillard would give reynolds a leg up in the fast growing ecigarette market. lorillard has the top selling blue brand at convenience stores and gas stations. reynolds has vuse which is currently sold in just two u.s. states. british-american