shares of chipotle flying higher since february. what happened? company announced a new guy was coming in, the former taco bell ceo would be taking over. the leader of the fast casual mexican chain is brian nickel and join us to spill the special sauce he uses to build up the chipotle brand. next. at fidelity, our online u.s. equity trades are just $4.95. so no matter what you trade, or where you trade, you'll only pay $4.95. fidelity. open an account today. you shouldn't be rushed into booking a hotel. with expedia's add-on advantage, booking a flight unlocks discounts on select hotels until the day you leave for your trip. add-on advantage. only when you book with expedia. add-on advantage. that's it. i'm calling kohler about their walk-in bath. nah. not gonna happen. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh? hold one moment please... [ finger snaps ] hmm. the kohler walk-in bath features an extra-wide opening and a low step-in at three inches, which is 25 to 60% lower than so

. >>> chipotle closing one of its ohio locations after reports of customers getting sick cbs appointing an outside counsel to investigate sexual misconduct claims. >>> bp shares jump after the company reported a 300% jump in profit and jamie dimon tells cnbc what he thinks is the biggest risk to your money it's tuesday, july p31st, "worldwide exchange" begins right now. ♪ >>> we're not perfect, but we try. great song good morning, good afternoon, good evening from wherever in the world you may be watching. so glad you're with us to start your tuesday here's how your money and the global marketing are setting up their day. this is after yesterday's big losses for big tech stocks the f.a.n.g.s down again for the most part. the dow down 144 points. futures this morning are holding up better today. they're flat to slightly higher. the dow is up 18 these are tiny moves we have a long way to go there's been a lot of nervousness out there because the nasdaq has fallen more than 1% for three sessions in a row people are wondering is that massive run for the f.a.n.g.s and a few tech stocks final

bottom line here for chipotle.s not a cheap stock it had a massive run and i don't think it had a massive run and i think they've done a pretty good job of dealing with this issue bryon nichol has done a very nice job cheesecake factory also had a 55% run into the downdraft and traded up before the earnings and free cash flow. >> listen, everyone is piling on chipotle let's be very clear. we're talking about one store and a couple of people saying they didn't feel well and there are big numbers being thrown out there that are unconfirmed this could be a specific story i feel just fine >> guy adami >> without the without this news story it's an expensive stock. when you put this on top of it, do you want to own it given the run from 250 to where it is now at that valuation? i say no i think you have too much headline risk and cheesecake factory, real quake. yeah, 19 times forward earnings and this is the number that stuck out to me. last year at this time they were 8.9% >> you're right. >> that's a concern. >> you k

a chipotle executive said we acted quickly and closed out of caution.rtment found the restaurant wasn't storing lettuce and beans at the proper temperatures. food safety is a top priority for chipotle's new ceo who took over in march. a series of high-profile incidents back in 2015 bruised the chain's reputation stock price last year. a sickened employee was the cause for a norovirus outbreak in virginia. that stock down about 2% as we were talking about earlier, you know, i think that this does happen now at other restaurants. i don't know if it's endemic to chipotle. >> if you don't get a follow on report, it's probably a -- >> and the stock doesn't react nearly as it used to >> and it's had a great run. >>> a number of numbers this morning. >> we had results from pfizer, sanofi, and shire. it's been a strong earnings season for the biopharma sector. pfizer and sanofi both up a little bit in the premarket trade. for pfizer, it was a beat on top and bottom lines they slightly lowered their guidance mainly on foreign exchange reasons sanofi also was a b

it will be mcdonald's chipotle moment >> the chart looked terrible going into this and it's certainly not going to help out. if this is an isolated event these things happen and you'd probably ignore it, but you do have to be concerned that you have some kind of reputational hit here >> come on >> i'm not going to mcdonald's for a chef's salad, and i'm going there for a burger and mcdonald's is going to fresh beef they haven't pinpointed it, but say they do. >> is lettuce on that fresh beef burger. >> when i go to chipotle, i'm going there for a meal where lettuce and fresh vegetables are a key part of what i'm doing i just don't think this is the same thing >> we don't know the details here, but if you think about the brand and you think about where mcdonald's is coming from, chipotle was built on we are natural, we're organic and different and mcdonald's, frankly, has not done that and mcdonald's has been very successful without that. >> however, for a reason to sell on valuation, and i think we all agree it's gotten expensive. >> look at shake shack look at chipotle >> i worked at

visit your local xfinity store today. >>> check out shares of chipotle today.fell more than 6% after the company shutdown a restaurant in ohio following reports that some customers were getting surearly ill there. >> yesterday chipotle saying they closed that location out of an abundance of caution. and in a statement today the company telling cnbc the restaurant in powell, ohio, has reopened for more the deputy director of reg lullatory affairs at the center for science in public interest thank you for joining us are you concerned by this latest story from chipotle? >> well, there's no reason to panic yet. so far the most repeat reports are all coming from a single restaurant in ohio at this point they don't have a source identified, and in all likelihood it could be sick employees that are limited to that one store they've closed the store and done a thorough cleaning reopening it with new staff. there's no reason to think other restaurants have been affected at this time >> chipotle is pretty profile, it grabs a lot of headlines and wae we've we've se we've

so chipotle send her a lifetime worth of coupons for free chips and guac chipotle said we hear you, cardii hate that story for a lot of reasons i can't stand it when people call it guac it's guacamole queso just means cheese. it's the spanish word for cheese guacamole. not guac thank you. >>> the number ahead is 4 or 5 4 is what president trump says would make him happy when we get those massive gdp numbers out at 8:30 a.m. this morning all you need to know about what could be the biggest number of the year >>> and real estate's big makeover, the one company looking to disrupt the way you sell your house and end lawn clutter. diana olick has this story - dad's got all the answers. - anncr: prevagen is now the number-one-selling brain health supplement in drug stores nationwide. - she outsmarts me every single time. - checkmate! you wanna play again? - anncr: prevagen. healthier brain. better life. dinner date...meeting his parents dinner date. why did i want a crest 3d white smile? so i used crest. crest 3d white removes... ...95% of surface stains in just 3 days... ...for a whiter smile.

chipotle or starbucks? >> chipotle is sort of more interesting and the turnaround seems to have taken hold and the same-store sales is such an important metric and however, that's expensive. >> it's 90%. >> it shouldn't have been there. there's a lot of good stuff already built in here. i like the turnaround, but i can't on this valuation. >> let's get a check of other big earnings movers as we head to break amazon, as we mentioned had an all-time high. we'll bring you the very latest from the conference calls and get instant analysis from wall street when "fast money" returns. >>> welcome back to "fas money," we have video gamemaker electronic arts and let's get to julia boorstin in los angeles. we'll get wall street's reaction to that report >> while electronic arts beat on revenue expectations, the stock took a tumble on disappointing guidance here's what wilson said after the fortnite and the rival epic games. >> fortnite continues to what we believe expand the audience. we saw incredible engagement in

here this time for chipotle eps coming in at $2.87 adjusted.omps up 3% in the quarter estimates were call for 2.7% they also said they opened up 69 new restaurants and closed or relocated ten as they had guide said on a special investor call. again this is a second quart from the new ceo, and their full year guidance was slightly better and the stock is up over 5% right now. >>, the same store sales growth estimated at 2.7 coming in at 3.3 n real beat down. >> it's not bad. obviously customers rediscovering chipotle the stock has kind of run ahead of this improvement. it is right up against this high we hit may of last year. you had a couple of false starts remember this was a $700 stock at one point never got cheap. if it's bottomed for good, it was never once remotely cheap. >> when's the last time this company raised anything? they haven't raised a number in years, so this is good sign. brian nichols is great he really is an amazing leader and clearly this is turn around that's certainly a lot of progress for sure. >> we have another earning

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in a statement, chipotle closed the store yesterday out of an abundance of caution.s of food scares. >>> the effort to avoid phone addiction, what one country is now doing to keep kids off phones. >> and go ahead, you can hold on. the new study that shows your fear of germs on public transportation may be unnecessary. >>> and here comes the fog once again, what we might expect this time of the day, this time of the year. i'm spencer christian. i'm have the accuweather forecast coming up. >>> at 4:37, let's check your traffic across the san mateo bridge looking about average. it's moving better on the right-hand side. that's your traffic heading to the peninsula. the westbound is worse than usual coming to the east bay. what does help for heart ♪ the beat goes on. it looks like emily cooking dinner for ten. ♪ the beat goes on. it looks like jonathan on a date with his wife. ♪ la-di-la-di. entresto is a heart failure medicine that helps your heart... so you can keep on doing what you love. in the largest heart failure study ever, entresto was proven superior at helping

. >> thank you very much for that. >> chipotle, these are early reports, we have a lot more to learn. they can't get out of its own way. >> i think brian nichols has done a nice job trying to get in front of a lot of the stories at chipotle after going up 94% off those lows i think that the stock is not cheap. it's a brand that's made a tremendous recovery. without this news, this stock was expensive. >> i think it will be even more expensive tomorrow >> this happened to maybe a jack in the box, it may not be anything that necessarily. >> because of the valuation? >> no, because they've had issues >> you should know if you have eaten there. >> you tim makes a point it was a $250 stock. >> by the way, it was packed in edgewater, new jersey. can you get your arms around valuation, this headline risk doesn't help >> switching gears cbs shares plunging another 5% today. they did rebound a little bit after the board revealed they were seeking outside council to conduct an outside investigation. leslie >> no real decisions were made or if they were made, they weren't really announced at tod

chipotle right now as to the downside about one percentage.een a win-- win or lately, but the new ceo came over from talk about and started doing marketing blitz. they have a loyalty program. the big picture is whether or not these things are working it had to close underperforming stores and they are expected to rise and comp sales. been there us starbucks. howard schultz said he said to take up his green apron after nearly 40 years. he stepped down from that lead role in many are wondering if he will run in the democratic party in some way shape or form. alsocommon this quarter they had the shuddering of stores in the afternoon for sensitivity training. stock is down about half of 1%. you can see the big drop it hasn't been particularly well as of late. the nestlÉ alliance and also don't forget last but not least they did get an uncharacteristic warning, so we will see about pre-announcements. we will see about global comp sales. they may not be so great and maybe that's why they gave us that little heads up, unlike facebook who did not give

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plus your choice of carne asada, chorizo, or chipotle chicken for just 3 bucks.t, kick the party in your mouth up a notch with jack's new $3 sauced & loaded fries. our hot and salty fries, smothered in cheese and guacamole. plus your choice of carne asada, chorizo, or chipotle chicken for just 3 bucks. so tonight, kick the party in your mouth up a notch with jack's new $3 sauced & loaded fries. ♪ >>> love this. that's jennifer garner out and about solo, in soho today. but her new york trip included a reunion with her ex, ben affleck. i love this. they took the kids to see "hello dolly" on broadway. >> nice. >>> speaking of broadway, cher's life story has been turned into a musical set to open this fall. but first, she's starring in in "mamma mia: here we go again," joining andy garcia and meryl streep. and brooke anderson met up with the legend in lon drop. >> what was it like reuniting with meryl streep for you? >> well, you know, we've stayed friends all these years. >> 35 years after being in "silkwood" together. >> yes, i cannot believe that. but that was my

i sometimes go to the one on 8th avenue >> chipotle? >> yeah.ne if you're there at prime time for lunch, that can be a serious project but it moves it moves quickly but if you get into other products, it's an issue. >> brian niccol talked on this special investor call last week and talking about speed and getting people out through the line more quickly was a main topic. >> there are places in the heartland where you can get your food -- >> you go to chipotle at bryant park lehere or at 8th avenue -- >> is the line long? >> at 12:30? >> so move >> i sometimes read a book on my kindle while i wait in line. >> it's not like that everywhere else >> this is what's going on in this great city of ours. and the great economy we're generating here. >> don't suck up to me now >> this is a free market here. fabulous >> chipotle, they have nachos and added something else, quesadillas? >> they're testing it. they have an avocado tostada, a mexican chocolate shake. >> and hold on, one other thing, happy hour, early. have you seen this 2:00 p.m. in the aftern

and chipotle spiking up profits. we're less than an hour to the closing bell on this very busy friday. let's start the "countdown." ♪ ♪ liz: we've got breaking news. time not greece, but the united states. you're looking at pictures of a deadly wildfire raging in northern california. north of red bluff, east of eureka, northern california. the blaze has killed two so far, a firefighter and a bulldoze operator who was battling the flames. these fires have wiped out 44,000 acres. we're told that firefighters reporting gusty winds are spawning what are called fire tornadoes. so we'll keep an eye on this developing situation. in the meantime, a sea of red across the screen. the russell 2000, we want you to look at that. it's particularly taking an outsized hit here. it is down 1, nearly 2%. right behind it, though, is the nasdaq. it's been beaten black, blue and red as the tech sector was shaken by earnings flops. we know what happened on facebook, but twitter is not helping the situation today. and intel, what about tha

ahead, that is a huge opportunity they're focusing on that now so chipotle is picking up. keep in mind we're coming off what used to be a 2$2.5 million average volume unit business it's easier to accelerate, however focusing on the right things and this sounds wishy-washy, but culture of accountability has returned to chipotle to where we're seeing lower turnover. the right rhetoric from management so i think the story is picking up we had a big valuation move and we're requiring a lot from earnings to catch up >> you need to think about your rating on that they have blown past your price target of 4.t25 it's at 4.70 >> that's one we're reassessing. do you want to pay 50 times earnings and assume margin and expansion continues? we're focused on an accelerating low-end consumer so that burger king, qsr the ticker, wendy's is another interesting one. but chipotle, keeping that change in mind at some point >> will, thanks. >> thank you very much >>> a programming note, starbucks ceo kevin johnson will be on "squawk on the street" today at 9:30 a.m. eastern it's an exclusive.

>> melissa, fast food stock this year looking different among the best performing, shake shack, chipotlend dom minots. the former ceo of ta co bell chipotle expanding the delivering strategies and dunkin announcing his retirement and dave hoffman who was the president took over his place. starbucks on the other hand, down 11% as shults left he is spot one name that's been setting out is mcdonalds, the world's biggest fast food company and so far in 2018 it is down around 8% as it prepares to report earnings next thursday to focus on value and promotion, they want to see if that continues to boost the brand another thing to keep in mind, value wars are in full effect. any announcements around that is critical and breakfast important part of the day for mcdonalds and keep an eye on china to see if there's impact with the trade war with u.s. back over to you. >> thank you carter and mike made their way over for an option action tag team coming in and giving in a trade. chart master, take things off. there's more pain ahead for mickey ds. >> mcdonalds not on here yet s&p and what we know dou

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year looks different from last year among the best performing names so far, shake shake up 60%, chipotle%, domino's 66%, and del taco 17% it's a turn around after stum e stumbles in 2017 there's a new ceo, the former ceo of taco bell chipotle is testing out new marketing strategies to the coffee world, dunkin' up 13% and former ceo announced retirement last week, and now dave hoffman, the president of dunkin' brands u.s. took over his place. starbucks on the other hand down 11%, the executive chairman of the board and the ceo kevin johnson mapped out plans for the coffee giant like closing underperforming stores in the u.s. one name out the rally this year is mcdonald's, the worldest biggest fast food company is the top performer last year, but so far in 2018, it's down around 8% preparing to report earnings on thursday analysts say to really focus on value and promotion, they want to see if that continues to boost the brand as one quarter $1 promotions really helped. value wars are in full effect. any announcements are critical another area is breakfast. that's a very important part of

last year among the best performing names so far, shake shackup 50%, and del taco up nearly 17% chipotle'sformance is a turnaround after it stumbled in 2017 the company, of course, has a new ceo in brian nichol, the former ceo of taco bell. chipotle is expanding its delivery program and tweaking its menu offerings and tempting out the now marketing strategy world. dunkin brans nigel travis announced his retirement last week and now dave hoffman took over his place starbucks, on the other hand, down some 11% as howard schultz dropped his post as executive chairman of the board and matt johnson has mapped out his brands including closing some underperforming stores in the u.s. one rallying is mcdonald's, world's biggest fast food company was also the sector's top performer last year. it's down around 8% as it prepares to report earnings next thursday analysts who say to really focus value and promotion they'll want to see if that continues to boost the brand at last quarter, one, two, three dollar promotions really helped value awards are in full effect and any announcements around that will

in a statement chipotle said it acted immediately and quickly closed the location down.he company also reported that two to five staffers called off work citing illness on sunday and monday. now, this is unbelievable because it happened literally two hours after we spoke exclusively yesterday with the new ceo of chipotle bryan nichol. here's what he said to us about what his company learned when it comes to dealing with these types of food scares. >> we need to be much more visible, both the experience in the restaurant and the way we communicate, and i think you're going to see us continue to do that, right? we're increasing our communication around our purpose, which is cultivating a better world and clearly communicating these ingredients are fresh, they're cooked with classic cooking techniques and end up with a delicious experience. liz: well, the stock was not delicious, it is falling 6%, but brian niccol told us they immediately let the market know what happened around 6:00 p.m. last night, there was trouble at the store. they shut it down and we're waiting on new

the former chipotles home says not only as a museum today the municipality uses some of the rooms forrepresentative but as it . roma live in the old town today for one hundred eighty families a workshops with offices and stores some eight hundred citizens enjoy the privilege of living in this if you. will. but in the past life was only delayed or indeed comfortable for a handful of the townsfolk built in a traditional log cabin style kissed a house which is two hundred years old was home to simple farmers and seamen. each family had just one room space but only the barest to descend from the beds for the parents could be pushed together children had to sleep on the floor or in how much. drama is not just a museum town for inhabitants and visitors alike it is a creative and inspiring blend tradition progress and from occasional addition the only because the past still has a future for architect marcus behnoud tried and trusted red oak a paint is still the appropriate coating for them this mixture of water ions sulphate rife flower and red oak up and lasts for up to forty years. but. bu

um hmm. >> and we're going to brush that with the chipotle butter. and so it adds a bit of spicean to it and then y do your salt and pepper. >> yum. and look at that caramelization on the vegetables, it looks so good on those kebabs. >> isn't that great? so the shrimp kebabs, the beef kebabs,. the chicken ke >> amazing. >> and then you can add that you like.hat, you know, everyone likes it a little bit different.ig ht, a little hot sauce, a little barbecue sauce, whatever you>>ant. xactly right, you can customize. and en to the right is the whole pork butt.be so that's cen cooked and when we're inside show that just falls apart. >> oh, my mouth is watering.yo >> and you know, wu start cutting into it it will be delicious. and then to the right, are the baby bacribs in the front and the spare ribs right behind, those have been cooked aboutd threa half hours each. >> so you want to start those well before you start the grilli at your party? >> absolutely. and that's one of the, um suestions that we have reis you have everything ped ahead of time, and t

plus, econom chipotle's big givy today.nials' preference for cash over stocks could be costing them big-time. ♪ alerts -- wouldn't you like one from the market when it might be time to buy or sell? with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today. dagen: the earnings parade continues as investors look over results from pfizer and some other big names. cheryl casone has details. cheryl: that's right, dagen, pfizer's latest results came in better than expected as the company raises its profit outlook for the entire year. fypfizer cut the revenue outlook due to the stronger dollar. pfizer shares are down a little more than 3/4 of a percent right now. procter & gamble out with better than expected earnings per share but revenue came in short of expectations. shares of p & g are lower ahead of the opening bell, down almost 2%. we are also watching this morning the fang stocks, facebook, apple, apple of course getting ea

and such r chipotle, you can get free quac at chipotle. >> get the app, for sure. >>> so someone tweetedson. it is six feet in diameter. derek, the gummy bear guy and jamie constructed the mold and filled it with different colors of gelatin. afcandy to reveal a gigantic sle of pizza. they are selling each slice for $150. i would say just go get yourself a bag of gummy bears for a couple bucks. >> that tastes pretty terrible. >> $150 bucks for that. >> so ever since amazon raised the shipping prices things have not been the same. some dude was trying to transport some lumber. he tweeted out the driver was issued a ticket. a everyone in canada, they're like, no, no, no, we have some laws. >>> this morning on "world news now," the massive and devastating wildfires burning >>> >>> is this morning the world news now, the massive and devastating wildfires burning in several states. new numbers are staggering. more than a thousand buildings destroyed by the largest fire alone, entire neighborhoods burned to the ground, the heat so difficult and not letting up. >>> also this morning, the state o

we are seeing some dried on the s&p 500 from for late -- from chipotle's problems in ohio.pread again, 29 basis points as the fomc meets. we will talk central bank in a moment. crude oil is down to 68.88 with demand worries. a quick look at the g10 movers. we have a look at some of the -- odity complex, including caroline: the bank of japan held rates in an announcement this morning, driving the yen and japanese funds. tomorrow, we get a decision from the fed and on thursday the bank of england. lynch'sing in merrill head of global research ethan harris. there are talks we could see it diving back trade tension between china and the united states. what would this mean for valuations? but with this mean for global economics going forward? sustainedwe have a abatement of trade wars, it be quite a big deal for the global equity market. if you look at the market so far this year, we had a number of days were equities sort up on trade news. we have had good fundamental news, but an equity market that is choppy sideways. if this is the beginning of the end of the trade war, we co

chipotle shuts down an ohio store after reports of customers getting sick.ve how much americans spend in line while they are drunk. take a look at u.s. stock market futures. data features her by 13, nasdaq higher by nine. you are watching "fbn:am." ♪ >> if we don't care border security, after many, many years of talk, i would have no problem doing a show at down. >> are again this, president trump doubling down over border security. lea: at tech wreck on wall street as the textile arts has announced back down 1.4% of the dow down 144 points. we've also got procter & gamble coming down. dow jones abandoned the premarket, nasdaq up eight and a quarter. the ftse higher by 11 points. cheryl: japan's nikkei rising slightly as the bank of japan said it would continue to keep interest rates low. stocks also up slightly in shanghai and south korea. cheryl: a guilty pleasure at the big bucks to retailers. how much americans are spending while they are shopping online and drunk. "fbn:am" continues right now. cheryl: coming up on tuesday july 31st. i'm cheryl casone. l

. >> up next "in the blitz," we'll get you trades on chipotle, united and procter & gamble. "the halftime report" is back in two minutes. please don't, i'm saving those for later. at least you don't have to worry about renters insurance. just go to geico.com. geico helps with renters insurance? good to know. been doing it for years. that's really good to know. i'll check 'em out. get to know geico. and see how easy homeowners and renters insurance can be. [music playing] (ceo) the employee of the year, anna. (vo) progress is in the pursuit. audi will cover your first month's lease payment on select models during summer of audi sales event. you shouldn't be rushed into booking a hotel. with expedia's add-on advantage, booking a flight unlocks discounts on select hotels until the day you leave for your trip. add-on advantage. only when you book with expedia. when it might be time to buy or sell? with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today. >>> welcome back we're

plus your choice of carne asada, chorizo, or chipotle chicken for just 3 bucks.so tonight, kick the party in your mouth up a notch with jack's new $3 sauced & loaded fries. with jack's new weaving your own shoes...rgy by out of flax. or simply adjust your thermostat. do your thing, with energy upgrade california. our hot and salty fries, smothered in cheese and guacamole. plus your choice of carne asada, chorizo, or chipotle chicken for just 3 bucks. so tonight, kick the party in your mouth up a notch with jack's new $3 sauced & loaded fries. county. a drone capt >>> the carr fire carbs a path of destruction across shafter -- shasta county. through the smoke you can see homes burned to the ground. it is eerily similar to the devastation we saw last year in santa rosa during the wine country wildfires. fire officials say hot, dry conditions are making the carr fire behave just as erratically. california is boring resources into shasta county and the governor is asking for assistance. cal fire warns this could have a long way to go. let's go live to near the leadin

chicken chipotle waffles wouldver be low cal. but you've been warned. >> yeah. >> all right. >> well, more than 4,000 children attended the ymca's thingamajig convention. c inspires children to use theirativity and strategic thinking skills and to ask wt if. they also get opportunities to learn to play and to be inspired through s.t.e.m. activities.he this was event's 24th anniversary. >> pretty cool. >>> a shockingidind i a house in southeast d.c. a neighborng getuspicious after spotting what they thought was an eaalligator, an alligator living right next door in our town. it wasn't a gator, but -- but a different type of reptile take a look. this is a five-foot long cayman de that blue container there. the humane rescue alliance posting this video on facebook today. they tell tuss officerlso iund dogs and puppies thatay have beenolved in a dog fighting ring. as for the cayman, it took several officers to corral the largear l it will be relocated for a safer habitat. too big to call a darn lizard. >> not happy there. think was i

plus your choice of carne asada, chorizo, or chipotle chicken for just 3 bucks. so tonight, kick the party in your mouth up a notch with jack's new $3 sauced & loaded fries. our hot and salty fries, smothered in cheese and guacamole. plus your choice of carne asada, chorizo, or chipotle chicken for just 3 bucks. so tonight, kick the party in your mouth up a notch with jack's new $3 sauced & loaded fries. >>> you are watching kpix5 news. >> new at 6 a high-profile voice is joining the battle over pg&e's liebt liability for wild fires. >> it comes as state lawmakers consider whether to allow the utility to pacifier costs onto customers. emily turner is going to tell butts legislation and who is pushing against it. emily. >> reporter: liz, interest -- there are who are than 200 lawsuits against pg&ep and erin brockovich represents one but today she was fighting for fire survivors outside the courtroom. she is opposing legislation that could pass the billions of dollars of liability onto us, the ratepayers. there are two bills in question here. the first is sb1088. a

and creamy guacamole plus your choice of 3 tasty toppings: tender carne asada, savory chorizo, or chipotle chicken. each for just 3 bucks. so tonight, kick the party in your mouth up a notch with jack's new $3 sauced & loaded fries. only at jack in the box delivered exclusively with doordash - order now. >>> when state troopers arrived and made contact with a driver, during the struggle two state troopers shot and one was killed. the trooper who survived was shot in the shoulder and in the hospital getting treatment. we'll continue to monitor this story in arizona throughout the morning. >>> the oakland city council decided to put a er raze of measures on the ballot in november deal dealing with the homeless crisis. one proposal would impose a tax on vacant properties and one would increase the real es strait parcels in oakland. there's a third measure on the ballot that would prohibit land lords from evicting tenants because the landlord lives at the property in question. the money collected would go to programs that help the homeless. >>> time is 4:54, there's controversy in palo alto. t

in honor of national guacamole day chipotle is giving away guac. tune in for the news and weather right here on our next broadcast. i'm glad we did remember it is a fruit, which a lot of people forget about. do you like it? >> i like guacamole. >> that's true. it fills you up. it's a good fat. >> the emegas in there which helps the cholesterol, which i need. >> all right, let's take you outside as we say good-bye. who wants tee oo a millionaire is coming up next. enjoy the overcast coast there in santa cruz. at at&t, we believe in access. the opportunity for everyone to explore a digital world. connecting with the things that matter most. and because nothing keeps us more connected than the internet, we've created access from at&t. california households with at least one resident who receives snap or ssi benefits may qualify for home internet at a discounted rate of $10 a month. no commitment, deposit, or installation fee. visit att.com/accessnow to learn more. you wouldn't accept an incomplete job from any one else. why accept it from your allergy

plus your choice of carne asada, chorizo, or chipotle chicken for just 3 bucks.kick the party in your mouth up a notch with jack's new $3 sauced & loaded fries. our hot and salty fries, smothered in cheese and guacamole. plus your choice of carne asada, chorizo, or chipotle chicken for just 3 bucks. so tonight, kick the party in your mouth up a notch with jack's new $3 sauced & loaded fries. >>> here are stories making headlines. in thailand three rescuers who stayed inside the cave with a trapped soccer team are now clear of the cave themselves. day.nt t saf earlier the actingidom nobody thoughtle>> amanda del burned at least 70 acres. behind the homes on heaten moore drive. firefighters have ordered evacuations in the area. we'll have an update at 5:00. >> abc 7 news tweeted a pedicab driver injured in a hit-and-run last month has died. kevin manning had been in critical condition since the june 27th collision in san francisco. police are still searching for the hit-and-run driver. >> the family of a missing oregon woman is offing $10,000 now, that's the reward

. >>> look at chipotle.etter he sales, they raised prices and i'm told their demand for the queso cheese dip is strong. chipotle is a turn-around story. it is up 6% this morning. >>> starbucks, not so rosy forecast, when you do that the stock goes down. this time not so much. it is down just 10 cents. they're apparently feeling the heat from competition. >>> he chevron, there was a drop in natural gas prices and that offset it. that stock down 1 1/2%. >>> profit falling short at endings on mobile. believe it are not hit by maintenance costs. it must be pretty strong because that stock is down 4%. stock of the day, here it is, amazon. it reported blowout profits. this morning premarket, up another 4%, $73 higher. this is premarket. 1881. ben walsh with us, "barron's" finance reporter. as you look out to the future, they're looking forward to going to 2050 a share, trillion dollar company, what stops them? >> hard to say but i don't think much. if you look at amazon they're incredibly dominant retailer. they a

plus your choice of carne asada, chorizo, or chipotle chicken for just 3 bucks.with jack's new $3 sauced & loaded fries. our hot and salty fries, smothered in cheese and guacamole. plus your choice of carne asada, chorizo, or chipotle chicken for just 3 bucks. so tonight, kick the party in your mouth up a notch with jack's new $3 sauced & loaded fries. weather and traffic... major hot spot wb 80 at ashby accident blocking the two left lanes, jammed from albany..bay bridge wb 80 is less then 30 min from the maze to sf. janmmed on wb 92v along the flat section temperatures will still be warm and above average inland today but not as hot as yesterday for most areas. highs inland will temperatures will still be warm and above average inland today but not as hot as yesterday for most areas. highs inland will range from the 90's to low triple digits while along the coast will remain cool in the 50's, 60's and 70's. the weekend will bring relief for inland areas with temperatures further falling into next week. ( terisa ) ( terisa ) in the east bay... a high end athleti

plus your choice of carne asada, chorizo, or chipotle chicken for just 3 bucks. cheese and guacamole. plus your choice of carne asada, chorizo, or chipotle chicken for just 3 bucks. so tonight, kick the party in your mouth up a notch with jack's new $3 sauced & loaded fries. ♪ ♪ this is "jeopardy!" today's contestants are a director of technology from old forge, pennsylvania... a consultant from atlanta, georgia... and our returning champion, a student from seatac, washington... and now here is the host of "jeopardy!" -- alex trebek! thank you, johnny. yeah, folks, you'd smile that way also if you had won $157,000. alex: emily, i love the way you signed in. thank you. and dave mattingly, you don't look old enough to have played in major league baseball so many years. i get that a lot. i'm sure you do. good luck, though, here we go. now the categories... a lot of it there. we'll deal with... that's not too long ago. each correct response will begin with n-o and will come up in the dictionary after "noon," okay? ryan, start. -history, $200, please. emily. who are i

prevent tiff measures, think t company will at least have somewhat of a more mild impact than,sa a chipotle. >> the illnesses potentially presenting a any test for ther mcdonald's and the ceo who -- for "nightly business report," i'm kate rogers in new york city. >>> the papa john's fallout is intensifies. today the pizza chain said it would remove founderohn schgnatter's face from the promotional world, and the sports world is, the yankees are suspending its relationship. the texas rangers haveuspended their marketing deal, and the university of louisville is dropping papam john's from the sports stadium. papa john's founder resigned as chairman on wednesday, hours after he apologized for using a racial slur during a conference call. >>> the justice department ,ppeal of at&t's acquisition of time warn quote, changes nothing. so says at&t's ceo randall stevenson who added that the mergers is closed and tha at&t owns time warner. >> the merits of the case have been tried, 25 million of pages and testimony in an extensive trial and an extensive at the enof the day we feel like the law is on o

i don't know let's get to the next one. >> chipotle. what do you say?e they brought in the new ceo, this stock has absolutely taken off it's up 56%. >> it's an unbelievable run. so when i look at this company and what he's been able to do and what he wants to implement the stock is in front of itself. so for that reason, i'm 86ing it because when i look at the valuation at 67 times, it's just, and i look at domino's whether it's 30 or 40 or whatever and mcdonald's is about 25, i mean, this is just extremely fast to the upside i think there is a pullback coming >> order up or 86 it, dan? >> i think its had a good run and the easy money has been made and at this point, when you talk about lou do they get back to the peak ets which is on that trajectory so i'm going to 76 that thing. >> i thought -- 86 that thing. >> i agree with what they said. >> 86 it, 76. >> so annoying shake shack is up next dan, order up or 86? >> i think -- 76 or whatever -- >> 86 it >> i think it's an amazing product. i think it's an amazing growth story. i think when you bfrng thi

. >>> chipotle closed one of its restaurants after several reports of customers becoming ill.sperson saying the the protoc ttocol identified -- and closed the restaurant out of an abundance of caution the company tried to get head wind out of national aftvocado y today. >> going to do that at my bar? >> you probably should, yes. >> it will kill my margins. >> the avocados are expensive. >> it will kill my margins, it says this is injuyour chance tot in i think the company is very well run. i think that brian nichol will get through this i agree with jeffries, i think this company is coming back. national guac day. it's a fortune i'm not going to hurt my july. close my july out. >> close your july out first. >> we'll get stock tdirang with jim in a minute. "squawk" is back after a break at fidelity, our online u.s. equity trades are just $4.95. so no matter what you trade, or where you trade, you'll only pay $4.95. fidelity. open an account today. you'll only pay $4.95. are you ready to take your then you need xfinity xfi.? a more powerful way to stay connected. it gives you su

chipotle will serve a late night menu serving up two tacos and a drink after 8:00 p.m. >> it does i'mork. this is for late night drinkers that want a snack after a tum up of drinks. >> $2 tacos. >> the share price more because of the earnings that the sales growths that everyone is focusing on. >> giving credit to the new ceo. >>. >>> the next take away story the disrupt erps may be disrupted in the big apple. the new york city council is weighing legislation to cap the number of uber lyft and other ride sharing services amid mouning concerns that the services explosive growth led to worsening congestion and low driver wages. >> i'm conflicted about this because as someone using ub ner new york city it's very recent and i don't want long wait times. but i end up sitting in traffic. there is no question uber and lyft coming into cities has made the cities much congested. remember de blasio tried back in 2015 uber lobbied hard against it even putting up the app showing the wait times and how high the prices would be if de blasio got his way. they eventually won. unclear whether they win

the purchase of pillpack is one of the things to press the long-term of walgreens chipotle downgraded brian nichols' appointment as ceo. which people, you know, they were mortified that a taco bell guy was going to chipotle. >> exactly what they needed. >> thank you we go way back with my taco bell right? we do. >> i said the nasdaq was building a taco bell for joe for months >> it wasn't here and i'm not happy. the stock currently pricing in an aggressive recovery you can get nachos hold the salmonella now. he's got rid of that >> was anybody up in arms about it or did we just sort of assume chipotle customer would be up in arms >> investors loved it. because taco bell was doing so we well. >> there was a reflex assumption i don't think anybody got excited over it. >> i was ecstatiecstatic >> you want the taco bell-ization of chipotle >> yes i want something they never heard of in mexico it was a cheesy queso rito or something. >> you want the inauthentic mexican. >> bingo >>> theresa may meeting with her new cabinet today. wilfred frost is here to tell us why global investors need t

. >>> comingp, new troubles for chipotle, we'll tell you what's brewing now. >>> and caught on camera aquarium heist you have to see to believe. with drivewise. it lets you know when you go too fast... ...and brake too hard. with feedback to help you drive safer. giving you the power to actually lower your cost. unfortunately, it can't do anything about that. now that you know the truth... are you in good hands? you might or joints.hing for your heart... but do you take something for your brain. with an ingredient originally discovered in jellyfish, prevagen has been shown in clinical trials to improve short-term memory. prevagen. healthier brain. better life. if you have moderate to thsevere rheumatoid arthritis, montafter month, the clock is ticking on irreversible joint damage. ongoing pain and stiffness are signs of joint erosion. humira can help stop the clock. prescred for 15 years, humira targets and blocks a source of inflammation that contributes tlejoint pain and irreversamage. humira can lower your ability to fight infections, including tuberculosis serious, sometimes fatal

chipotle? julie: leigh drogen thank you for hanging out.hat you need to know for tomorrow's trading day. this is bloomberg. ♪ scarlet: the earnings spread continues. exxon and chevron report second-quarter results tomorrow. at economicook data. the gdp number is expected to be big. julie: don't mess the longest lunar eclipse so far this century is happening tomorrow. ♪ ♪ emily: i'm emily chang can san francisco. this is "bloomberg technology." amazon reports earnings with sales from amazon web services surging nearly 50%. we have full coverage and analysis over the next hour. billion wiped off of facebook's market cap and after earnings disappoint. this is the longest single loss for a single company in history.

and creamy guacamole plus your choice of 3 tasty toppings: tender carne asada, savory chorizo, or chipotle. each for just 3 bucks. so tonight, kick the party in your mouth up a notch with jack's new $3 sauced & loaded fries. only at jack in the box delivered exclusively with doordash - order now.

. >> chipotle's rating wasad down to underperform from neutral over at mizuho.e ack of clear innovation in the near-term. the price target is $330, the stock fell 2% to 424.81. >>> meanwhile, ebay's rating was from hold to buy. thenalyst there cited headwinds to changes to sales tax laws as a sult of the recent supreme court ruling. the price n target $40. the stock fell 2%70 today to wynn resorts were upgraded to buy from hold. the analyscalled the mac concerns related to trade and the world cup soccer tournament rdiverting highlers away from gaming tables. he says it's overblown. the price target, $2 and the stock rose by 3% to 165.38. >> still ahead, buybacks are at aa recordnd that could be good news f investors. ♪ ♪ >> the number of job openings is no longer at a record, but it's still pretty close. according to the labor department 6.6 million positions filled and to be that's consistent with the tight job market. the so-called quick rate inay rose to a 17-year high and that usually indicates that americans are t confidentt they can leave their current position for better opportun

plus your choice of carne asada, chorizo, or chipotle chicken for just 3 bucks. party in your mouth up a notch with jack's new $3 sauced & loaded fries. our hot and salty fries, smothered in cheese and guacamole. plus your choice of carne asada, chorizo, or chipotle chicken for just 3 bucks. so tonight, kick the party in your mouth up a notch with jack's new $3 sauced & loaded fries. (vicki) an investigation is underway after an officer is seen on video-- pointing his gun at children. the video also shows the kids screaming obscenities at the el paso officer, who also pulled out a baton. michael ikahihifo reports. dionne mack/ deputy city manager for public safety: "it's been captured on video, with lots of views at this point."this video viewed thousands of times on social media showed several police officers in a south central neighborhood. a series of events unfolded including children yelling and an officer who eventually pulled out his gun but did not open fire. elizabeth florida/ mother:"and i see the officer choking my son and i'm like what are you doing?