i want to get back to contessa brewer, who has been covering the trial side of this contessa, a lot of us are familiar with the many stories of women who have had encounters with harvey weinstein that were negative this case involves two of these specifically, though everybody might feel they know how this this is going to turn out, what are people saying about how hairtight this case is based on the two particular women who have come forward with their stories at trial here? or will be >> reporter: one of those women has made her oak saying known publicly nbc news has learned that she is one of the two women on whose complaints the charges are based. the district attorney said their cooperation was fifty pivotal, but remember there have been other women, some of them famous, who have brought their complaints again harvey weinstein to the authorities in new york before, and the manhattan district attorney has declined to file charges in the past why that was, what maid the difference, it's hard to say, but this is a pivotal moment just the harvey weinstein case alone, to say nothing of

who do you block >> i just didn't add contessa.begged, but i've got to get rid of people before i add i have an opening in the ls and the qs david lebbo wits is joining us also adam ardeni adam, i'll start with you. liesman pointed out that the fed heads were taking a victory lap because they're now convinced they're not behind the curve you've been saying that for a while. >> i think this time they are either on top of the curve or ahead of the curve, and i think the u-curve, talking about all these curves, i think that's the message. because what we've seen is as the fed's been raising interest rates, the two-year's going up but a flattening of the yield curve suggests that inflation is not coming back -- >> why is inflation not a problem at 3.9% unemployment and with tariffs why is it not? is it productivity or innovation or -- >> remember when we went to school and they said it's a monetary phenomenon? i think we kind of grew out of that over the past ten years, because it hasn't been a monetary phenomenon. i think globalizatio

contessa brewer live from las vegas. joining us now is former tivo ceo and former nbc executive vice president tom rogers, currently executive chairman at win view games and a cnbc contributor. tom, welcome to the show. >> thanks for having me. >> how do you break down the winners now that we've had more than 24 hours to think about this ruling and the impact >> well, first, i'm no relation to kenny rogers, and i can't sing but winview games is going to sing in this environment, i promise you. how do i break down the winners? well, i think as pete mentioned, as guy mentioned yesterday, the tv thing is not just going to be a boost. the tv thing is going to be huge this merrill lynch estimate, $10 billion? europe right now where gaming like this has been legal for a long time, where people are playing along on their mobile phones while they watch television, 65 million people a year over there doing it the size of the industry, just that sector, $160 billion of consumer money running through that so this is enormous. it is

contessa brewer from the newsroom. >> on top of the story talking about in terms of the operation. what's going on, mass market growing. they' crushing it. high nend vegas is working they think this board is shireholder friendly bottom line, the company is comi coming of it well. a lot of it has to do with businesses crushing it. >> i thought a public relations problem in the past. steve wynn is out of there you don't want a board fighting in public. change the name. salsa, p.r. problem. they'll be fine after this short-term concern about a double top, a breakthrough, going there. >> sometimes no clue on how the stock or turmoil will turn out you look to the chart. when you compare -- always compare the obvious, wynn, las vegas, reverse of it, not as heavily dependent on michaeccal, it's actually, even when going through all the turmoil didn't get that damaged technically >> look, near-term, see the up and down here. the growth story is intact as far as momentum seeing in the business model at some time a buy probably stay away a little and see how it shakes out. >>> still ahead, t

. >>> i'm contessa brewer, it's 5:00 a.m here are your five at 5:00 the trump administration launching an investigation into auto imports on the grounds of national security. >>> deutsche bank announcing massive job cuts >>> uber out with new numbers putting its valuation at $62 billions >>> apple teaming up with volkswagen on driverless cars and the biggest names in tech are about to take the stage in paris. it's tuesday, may 24, 2018, "worldwide exchange" begins right now. ♪ >>> good morning, welcome to "worldwide exchange," i'm dominic chu. we are seeing futures pointing to a relatively flat open. the dow jones slated to open down by 13 points. the s&p 500 just about flat. we have seen a bit of activity on the ten-year yield, 3.01% we're watching that level to see if we can hold it. on the oil side of things, we have been watching those crude prices move around a bit in the course of the last few weeks gasoline prices are higher wti off by a half percent. brent crude, those world benchmark gauges, off a bit. as for the global market picture, looking at asia overnight, the nikkei off

i appreciate it. >> good stuff, contessa.eaking, i want to show you the ten-year yield it hit the highs of the day, 3.095. let's see if it's held there or if buyers have stepped in as a result back to 3.085 that 3.095 was the highest level seen since 2011. >>> shares of verizon slightly lower right now. verizon chairman and ceo lowell mcadams speaking exclusively with david faber earlier and david joins us now with the highlights. >> reporter: hey, tyler. we talked a lot about 5g it's something we've talked about on cnbc from time to time. as something in the future but it is coming coming quickly of course i'm talking about the next generation of wireless services it's not really as much for your handset as it really is about the internet of things, machine learning, and the consumer as well but in a very different way than we've thought about it. it's not just because you're going to get your video faster on your phone. verizon announced this morning with us, actually, that los angeles will be another one of four markets th

. >>> good morning, i'm contessa brewer live from cnbc's headquarters. here are top business headlines. wall street treading water after stocks fell yesterday. dow futures down by 37 points. yesterday stocks fell, a fourth straight session by the fed kept interest rates unchanged. higher inflation for the u.s. economy. that can be a real motivator for the feds to stick to the course of raising rates gradually. what we're watching economic data on unemployment and productivity. elon musk shedding light on tesla's ambitions to launch self-driving ride sharing network. on the company's earnings call last night musk described a world where people share this cars offering them as uber or lyft or hybrid version you can specify nip can use it when you're not. musk says that network could be ready by the end of next year but it's unclear when tesla could launch it because of regulatory issues. amazon trying to get more retailers to use online payment service, passing along the discount on credit card fees. banks, visa, mastercard all charge a fee when buyers swi

marcus and laura. >> good move there. >> trying to do something. >> thankds, contessa. memorial day weekend is almost here. and if you're looking for an american landmark to visit, don't have to look any further than san francisco. >> trip advisers took review of land marks and came up a list of top rated spots. al alcatraz and lincoln memorial in washington, d.c., grand central terminal in the big apple and uss arizona memorial in hawaii. 30% of americans will travel on memorial day. 5% will visit a national landmark. >> i have one more to check off my list there. >> that's cool, right. >> write a book. >> i shall. >> coming up here on "today in the bay," kari is looking at the forecast. any sun today? >> a little bit of sun as we go into the afternoon but we do start out with the clouds again this morning as we take a live look outside in palo alto. our temperature trend shows we will have clouds in the mix throughout much of the morning. a cool start and also kind of a cool day. we'll talk about what's ahead as we warm up for the holiday weekend coming up next. >> an

>> absolutely, contessa. >> the next high tech device could be you're license plate. sacramento bee reporting california will soon start rolling out digital license plates. this is video from reviver audio, allowing you to update registration or change your plates through your smartphone. sacramento is the first city to test out those plates. interesting. >> coming up on quts it's "toda ba bay". >> back to work today, we'll have warm weather as we take a live look outside in fremont this morning. it's a fairly mild start. we'll be in the low 60s and before you know it the 70s and 8 0's. more on that coming up next. >> i was really concerned about one vehicle and this scene at the berkeley curve moving very slowly just cleared from our shot. it may have gotten out of the way and possibly off the roadway onto the exit. we'll show you the rest of the build coming up. live pictures f highway 101 and university >>> very good tuesday morning to you. taking a live look outside this morning. palo alto and highway 101. university avenue people up and at them already. the long

scheduled for just after noon eastern you can see shares of facebook are flat in the premarket. >> contessathank you very much >>> big changes are coming to the new york stock exchange. for the first time in its 226-year history, the nyse will have a female leader, her name is stacy cunningham. she will become the 67th president effective this friday. she is going to replace the nyse's current president, thomas farley farley is leaving the new york stock exchange to head up a new special purpose acquisition company backed by dan loeb's third point hedge point. >>> quarterly results just out from toll brothers the home builder earning 72 cents per share, short of the 76 cents analysts were expecting. revenues coming in better than expected shares are basically flat, slightly lower if premarket. one of those indicating to watch for the housing market >>> sony is buying a controlling stake in emi music for 2$2.3 billion. the doeal gives sony access to 2 million songs from the likes of queen, fpharrell williams and other big artists. >>> two pieces of news on adobe. the company announcing an $8

kelly. >> contessa, thank you very m h much contessa brewer.s headlines, disney earnings, stock negative electronic arts after revenue beat $2 billion stock buyback and tripadvisor after soaring quarterly product. what stands out to you. >> disney reaction in another time it would have been pretty supportive now these are captive to the bidding war scenario now you have to know how the chess game is going to play out. >> granted disney holding up better than comcast in this bidding war with. >> disney has more balance sheet, more diverse sources of revenue and probably could raise its bid if it so chose i do think it's still going to be a question -- it's not a winners curse who gets the assets but looks like the market thinks this could be a messy battle. >> or curse for a little while before it plays out. there's disney tripadvisor some others to keep an eye on that does it for closing bell. thanks as always fast money begins now. >> overlooking new york city's time square. our traders on the square. tonight on fast wall street is running tow

people come here to party and not to put a bet on a game guys >> all right, contessa, thank you, in las vegas. maybe they don't go to wynn to bet on a game because they don't have a book. >> the other side of that coin would be that all of a sudden, you have 50 states that you can open a sports book in. if i look at the space probably the one that i want to stay away from is nguyen just becauwynn o hanging litigation bullish on the space, i would look like a las vegas' sin >>> speaking of sports betting, let's bring in rick heitzmann. an investor in draft king, it is great to have you with us. >> thanks for having me on tonight. >> i imagine you talked to the draft king, what are they doing and the last 48 hour haves bes like i think it has been good the team is focused on preparing this and jason is a great ceo es and knowing that this is possible and even though you are prepared of taking the next step to make sure you are compliant and see how the actual details shake out. >> how does the draft king, how do you view the competition in terms of casino operator moving aggressively into

contessa brewer is there we'll hear from her in a moment. >>> to a developing story overseas, north korea offered a rather measured response to president trump's decision to call off next month's summit with kim jong-un let's get to eunice yoon live in beijing with more. >>> thank you very much. north korea left the door open to rescheduling the summit in a statement on the official news agency, kcna, the north koreans described president trump's decision as unexpected and they said we are willing to sit face-to-face to resolve problems at any time and in any way. i spoke to one diplomat here he said that we're now in a situation that is akin to a couple fighting. he said everybody is waiting to see who is going to be the first one to try to kiss and make up he also noticed something different about the statement saying that the language suggests that it's coming from kim jong-un himself because he use the code word under authorization, which is north korean speak for the leader himself sending this message there are a couple reasons that optimists may not be so happy with this statement.

contessa brewer has this. >> in the war of the wynns, elaine wynn versus wynn resorts, elaine wynn tohe board's chairman after the chairman and the board released a slue of back and forth letters, made them public over elaine wynn trying to meet with the three new directors newly appointed. here is elaine wynn's latest weather. your rejection of my perfectly reasonable request starts with the fiction that good governance requires that i meet with the entire board and the ceo at the same time. she only wanted to meet with the three women. you then use that as the basis for saying such a meeting could take place only after the annual meeting. that's on wednesday. another fiction because it's clear the entire board will be in town the night before the meeting. there's this tug of war going on, especially over legacy director appointed directly by steve wynn and has no business being on the board, much less on the commission investigating the misconduct allegations she's trying to get shareholders to side with her and not re-elect him the shareholder meeting is on wednesday and there's a

we'll get to contessa outside the courthouse in manhattan.ood morning >> reporter: and speaking of being far away from what you're used to, at this point, carl, you saw harvey doing ae perp wak into court today he's going in to face felony charges on rape, criminal sexual misconduct, allegations by two women. one has been public in her charges against him. and the nypd opened up this investigation and today thanked the alleged victims for coming forward and for cooperating with the police and with the district attorney's office. now inside, he's having an arraignment now, and nbc news has learned from two different sources that the deal that was agreed to was for harvey weinstein to turn over his passport, to pay $1 million in cash on bail, and to wear a monitoring device. so presumably being allowed to leave court today even though he's facing felony charges but specific limitations on where he would be allowed to go and travel i should mention, the grand jury in this case is still convened and looking into other allegations as well as into

. >> let's check in with contessa brewer live at cnbc world head quarters this morning. good morning, contessa. >> good morning, we're heading into the bell right now looking to open lower amid fresh gee toshiopolitical worries, italy could be headed for another election after it failed to form a coalition government and spain's prime minister faces a no confidence vote friday. it's sparking concerns about the global economy. in the watch list, reports on home prices and consumer confidence. nissan may cut production in north america by as much as 20% as it struggles with falling profits in the united states. its biggest market. two us plants and three in mexico, but nissan does not anticipate laying off workers or shutting down assembly lines completely. most sales involve heavy discounts and incentives eating into the profit margin. >> a premium family plan that gives as many as six ugsers, limited music streaming, to convert some of the 80 million users who listen for free each more, convert them to paid subscribers, the price of the family plan matches those from spo

contessa brewer is there with the latest contessa >> yeah. i'm in cesar's sports book here. companies like cesar's stand to benefit from paving the way from legal sports gambling. think about it you have a well-established sports book in its operation that cesar's can duplicate and put into its properties in atlantic city or mississippi where sports gambling could possibly be up and running the end of june. mgm was champing at the bit, ready to take its vegas sports book experience to its online and mobile offerings in new jersey the total financial impact for the gaming industry is somewhat modest it's expected to be around $5 billion annually but mgm's ceo says what's really exciting about it is what it could bring in terms of foot traffic and cross promotion opportunities and new enthusiasm for gambling opportunities all of that could be invaluable. i talked to people here in vegas about how legal gambling in the sports arena could impact them. >> would you be more likely to be a bigger fan if you had 20 bucks riding on the game >> definitely. i'm winning that $20. >> i t

more bad news for tesla as model s was involved in a deadly car accident let's get to contessa brewerthe newsroom with the very latest contessa. >> california highway patrol investigating another deadly crash involving a tesla. investigators say model s appeared to view off the road, smash through a fence and plunge into a pond. in the san francisco area. the 34-year-old driver was found seated behind the wheel of the submerged car. investigators are looking into whether speed, drugs, or alcohol were factors or whether the autopilot was on the headline comes the same day consumer reports stopped short of recommending tesla's model 3. part of their review says, quote, our testers also found flaws, big flaws, such as long stopping distances in our emergency braking test and difficult to use controls. that was in the publication's review it took 152 feet to stop from 60 miles an hour, worse than even the ford f-150 nase a full-sized pickup truck consumer reports pointed out advantages, agile handling and battery duration tesla has had a combative history with consumer reports. it counter

contessa >> tyler, a looming deadline for more than 100 farmers. i'm in a farm in kentucky where the buyer has canceled the contract effective today can they find new buyers in this new eranamic landscape for dairy? that's coming up on "power lunch. it lets you know where your data lives, down to the very server. it keeps your insights from prying eyes, so they're used by no one else but you. it is... the cloud. the ibm cloud. the cloud that's built for all your apps. ai ready. secure to the core. the ibm cloud is the cloud for smarter business. secure to the core. with tripadvisor, finding your perfect hotel at the lowest price... is as easy as dates, deals, done! simply enter your destination and dates... and see all the hotels for your stay! tripadvisor searches over 200 booking sites... to show you the lowest prices... so you can get the best deal on the right hotel for you. dates, deals, done! tripadvisor. visit tripadvisor.com >>> american milk farmers getting squeezed in part because retailers such as walmart and kro kroger are streamlining

brewer is there in a brothel with a preview of what's coming up contessa >> well, look.they say the livelihoods of those around them, where they spend money is on the line we'll get into it next what it could mean for rural county nevada. coming up on "squawk box." there's nothing small about your business. with dell small business technology advisors you get the one-on-one partnership you need to grow your business. the dell vostro 15 laptop. contact a dell advisor today. >>> a referendum in lyon county, nevada, could put brothels out of business and cost the economy millions contessa brewer joins us now with more. how far from las vegas are we talking about, contessa? >> like, we're six hours from las vegas. this is the northern part of nevada think of reno and then we're just outside of carson city. yeah but we're in rule lyon county. there's only 52,000 people who live here. maybe you recognize this place this is the famous moonlight bunny ranch. >> joe, do you recognize it? >> they've changed -- no, no, that's it. no, i don't. i do not recognize that place, contessa

i'm contessa brewer.dominic chu brian sullivan is on assignment today. we're kicking off the debate on whether it's worth to marry a prince if you feel the tax pain. let's get a check on the early market action now. stock futures are looking negative the dow is off by 40 points. the s&p is just down slightly. nasdaq as well we'll keep an eye on that throughout the morning the u.s. holding off on extending steel and loaluminum tariffs on several key allies, at least temporarily >> and doing so hours before a midnight deadline for those tariffs to otherwise go into effect for the allies. the trump administration in a presidential proclamation announcing a one-month delay as trade negotiations with those allies continue. the delay was first reported by us on friday and it will apply to all countries granted a temporary exemption in march except south korea which has agreed to quotas as part of a new trade deal the delay applies to the european union where two of its leaders asked last week for a permanent ex

if you dork it's the only way people are drinking any milk at all these days contessa brewer down onarm where milk producers are getting nervous. >> the farm where i am now, it was facing a huge deadline today. a looming deadline they want to know why their contracts are being cancel and where are the otheburs ir yen that live report from kentucky after this on "worldwide exchange." >>> welcome back if you're reaching for milk to put in your coffee or cereal, listen up, the american dairy landscaping is changing and not for the better big grocers are getting into the milk processes game. consumption is down just 15% in a decade dairy farms are disappearing they're down by half since 2000. contessa brewer is live from smithfield, kentucky with this story. >>> here they started off in the spring with 80 cows, then in march they got a letter from their buyer, dean foods, canceling their contract as of today. more than 100 farmers got the same letter. here's the problem, without another buyer lined up the family started selling off their cows this morning, the barn is half empty, they on

contessa brewer is live in las vegas and has the latest on that meeting.lder meeting today with this battle over the board settled, at least for the moment, elaine wynn got what she wanted we know that legacy director john hugbuck stepped aside as well as former nevada director bob miller this means the board is 50/50 men and women. matt maddox has been persistent in clearing what he called distractions expecting to hear from him in the annual shareholder meeting about some of the big investor issues of concern, macau revenue, las vegas development and a path forward in the new wynn looks like. the guidance we're getting is board director pat mullroy who heads up the internal investigative committee will talk about the committee's work. what she told me on monday they will stay in sync with the massachusetts gaming commissions' investigation as well but will release some portion of that report when it's made public or when they come to their conclusion we were also told that elaine wynn may be given slightly more time, given her status as the largest share

>> thank you very much contessa brewer.'s guilty, this will be a a costly trial, and robert frank looks at what he's selling to pay for it. >> huge fall from power and wealth weinstein lived large as one of hollywood's biggest moguls, and now he's racing to raise cash. two years ago, he bragged the weinstein company was worth between $700 million to $800 million. after he was fired in october, the company filed for chapter 11, and it was sold at a bankruptcy for $310 million, almost all of that, or most, going entirely to unsecured creditors. for the personal financialses, weinstein had a 15 to 20 million divorce settlement with his previous wife at the end of last year, and he told his first wife he suspended child support payments because he did not have adequate funds he's sold off all three homes. he had a mansion in the hamptons bought for $12 in 2014, sold it for $10 million. had a water front estate in west port, connecticut, sold for $16 million, and a townhouse in new york city's west village, bought that in 2006 f

contessa brewer is here with those. >> miysterious and delicious.apan display shares stel as mu fell as much as 20% after apple is planning to use oled screens for new iphones next year. >>> nissan may cut north american production by 20% it's struggling with falling profits in the united states japan's nikkei reports cuts are already in progress at two plants in the united states and three in mexico, but no workers will be laid off and the assembly lines won't be halted there you can see trading is flat in the premarket. >>> jeffries is upgrading ford to buy from hold, increasing its price target to $14 a share. the firm points to the automaker's reconsideration of how it's allocating capital. >>> verint is in talks to buy israel's nso group for about a billion dollars. nso develops mobile surveillance tools and has reportedly developed ways to hack iphones. >>> halliburton won a three-year contract to handle the fracking operations for saudi aramco. the deal comes a month after the saudi crown prince capped a three-week u.s. visit in houston. hall

grand jury sara, michelle, we're learning that he should be back in court by the end of july >> contessa outside the courthouse now to julia boorstin from los angeles with more. >> reporter: well, sara, a lot of talk here in hollywood about just how dramatic the fall has been for the producer who once dominated the independent film world and the oscars it has reverberated throughout hollywood. miramax and the weinstein company produced and distributed films that were nominated for 341 oscars and won 81 oscars weinstein himself was nominated twice and won for best picture the weinstein company grossed $2.4 billion in the u.s. across 133 movies over about a dozen years. but his power faded as studio franchise films eclipsed the independent studios and a number of weinstein films fell flat now, following more than 80 women accusing weinstein of misconduct, dozens of hi high-powered hollywood men have been accused of a range of inappropriate behavior women in hollywood are using this moment to try to drive lasting change >> stay there, julia want to go to robert frank how extensive were harv

it's just the last piece of assurance that's he's really gone. >> contessa, thank you. >>> pete, whereo you stand >> you still own the stock. >> i bought because he bought but i didn't sell when he sold because i don't feel he would've sold under other circumstances, for instance. so because of that and because of the growth, of how strong that continues to be and tim knows that as anybody knows that story it's unbelievable. i think because of that why wouldn't i stay in a stock that i think he was setting up. he was setting up some point in time that he was going to have to step down. not a young guy and maddox was the air apparent. i think everything's been laid out five years in front of. >> the role of elaine is she's the activist investor in the stock. >> the market very clearly thinks it's a good thing if this gets passed. the massachusetts ruling is super important. that's a linchpin to the story right now. the stock doesn't work without that in my opinion. i think that it's an okay buy here still under the circumstances that this gets through. >>> still ahead, ford saying momen

. >> when allowing reporters into its annual shareholder meeting for the first time contessa is therecourtroom battle >> less than ten minutes to go now, and i'm heading in. there's been a break in the battle for the board for the time being the target of elaine wynn's newly found activism as the largest shareholder of the company, that director has stepped aside just two days ago along with the longest serving director, noformer nevada goverr bob miller what does it mean next for elaine wynn? she has a chance when she goes in today and may be given more time to explain what her priorities for this company now, she has launched an initiative called renew wynn. we're going to hear from matt maddox, the big investor concerns, of course, is revenue in macao, what the las vegas development plans look like and what his plans are for the new phase of wynn resorts. we're likely to hear, i'm told, from the board director now heading up the investigative committee without john hagen book, who was the third member of the team. she says the committee will finish its work with two board members n

ad lib toss to wx and traffic >>> good morning, i'm contessa brewer, here are today's top business headlines. wall street is set to open higher following a mixed session yesterday. it fell for a third straight day. it had been down more than 300 points but closed well off those lows and nasdaq rose ahead of apple's earnings last night. today we're looking for data on hiring in the private sector and the fed wraps up its two-day meeting this afternoon. but it's not expected to hike interest rates. right now dow futures up 27 points, yesterday closed off 64 points and nasdaq rose 64 points. apple could be the big stock to watch today. the company reported quarterly earnings that beat wall street's forecast. despite the fact it sold futewei phones than expected. offset that with revenue generated users buying apps and subscribing to apple music and other services and cheering the move to return $100 billion to shareholders through a massive stock buyback program before market trading, those shares up 3%. >>> sources it will cnbc amazon is planning more perks for prime members at whole foods. 5%

. >>> i'm contessa brewer from cnbc, stocks will try to build on monday's momentum. the dow closed above the 25,000 surged 295 points and ended at 25,913. the s&p 500 and nasdaq both broke two-day losing streaks yesterday. consumer reports gave tesla's model 3 an unfavorable review. the magazine would not recommend the vehicle reporting that its testers found quote, big flaws. one of them the model three breaks lower than a full sized pickup. despite the less than stellar review, they acknowledge the vehicle is one of the greatest tech products ever created. >>> there's a chance tens of thousands of vegas casino workers will strike over stalled negotiations. a move that could leave more tha 30 resort properties without unionized bar keepers and housekeepers and keep las vegas up and running. they want to protect them against systemic harass. and have higher wages in concert with the record profits the casinos are getting area better job security. the contracts expire at the end of this month. >> good to see you, thank you. >>> now to the sweet smell of stamps. doesn'

. >>> good morning, i'm contessa brewer, here are today's top business headlines, wall street is waiting for the big economic news of the day, the monthly jobs out before the opening bell. it's expected to show hiring regains following a weather related slowdown in march. unemployment is forecast to dip down to 4%, more than 17-year low. yesterday the dow erased a 400 point to close higher but the broader market finished in the red amid earnings that failed to impress investors and worries about a trade war between the u.s. and china. right now we're hovering around the flattish mark for futures and dow off by nine points at the implied open. >>> twitter urging all users to change passwords after a english caused them to be stored as readable instead of scrambled text. it says it's resolved the problem and an internal investigation found no passwords were stolen or misused. >>> instagram will allow users to pay for purchases inside the app. for now it's only available with a limited number of business partners. the feature allows users to had a credit or debit card and pin for extra secu

you nailed it, too, contessa the bad experience i had was when i had a debit card. going to get more -- and it was not a lot of money, but it was a horrible feeling when i kept going back to the cash machine to bet more. horrible so i don't do it >> apparently you did not listen to kenny rogers. you got to know when to hold 'em and when to fold 'em >> you pointed that out. you know how to do that? have you placed a bet since you've been there? >> not this time but i'm a very good roulette player i'm good because i know when to walk away. and speaking of walking away, two wynn board members are walking away you've got long-time board member former nevada governor bob miller and john hoggenbuck who was the target of elaine wynn's campaign. hard to say. the company spokesperson that of the proxy cards that have come in, only 5% are elaine wynn's blue cards now, though, the board is now made up of eight members it shrunk. four of those are women. last night i had a chance to speak to betsy atkins, a well known expert on corporate governance, about the futures and challe

town the statement she describes the a time as an act between cowardice she praised the king the contessa saying that they waited the best of the united kingdom a defiant with the best the best thing you could has to offer us as to the number of the people that is sent messages to school today and surely earlier today you were at that memorial service in manchester cathedral tell us about that. that's right where the prime minister was that prince william was barry's while they wanted to show the court on behalf of the government needs to change and i was streaming meeting ceremony that it will take down to the people gathered outside those who didn't have an invite into the cathedral and they had left a minute's silence subway through the spanish side was extremely touching suppose he was that people are standing many of them as close as crying as they were remembering those who lost their lives we saw a policeman who threw moose the helmet helmet only been wanting to pay their respects to those who lost their lives and as we've seen this evening at the singalong that just taken place no

as contessa brewer reports, it's not the only problem facing the company. >> california highway patrol is investigating another deadly crash involving a tesla. investigators said the model s appeared to veer off the road, smash through a fence and plunge into a pond. this was in the san francisco area the 34-year-old driver was found seated behind the wheel of the submerged car. investigators are looking into whether speed, drugs, alcohol were factors or whether the autopilot was on the headline comes the same day that consumer reports stopped short of recommending the tesla model 3. part of their review says our testers also found flaws, big flaws, such as long stopping distances in our emergency braking test and difficult to use controls that was in the publication's review it took 152 feet to stop from 60 miles per hour, worse than the f-150, a full-size pickup truck. there were some advantages, agile handling and the battery duration tesla's own testing shows stopping distances 20 feet shorter decembpending on the tis used musk touted the specs of the high performance all-wheel dri

. >>> sports betting is now legal in new jersey, our contessa brewer is in vegas talking to ceos forhat have properties in new jersey are now figuring out where to put their stakes to best maximize return on investment. at this point,e lk a wtaedbout that today we have all the answers, what's next to come for the big casino companies next on "closing bell." >>> rapid recap is sponsored by mercedes benz, the best or mercedes benz, the best or nothing. this is the mercedes-benz suv family. greatness comes in many forms. lease the glc300 for just $449 a month at your local mercedes-benz dealer. mercedes-benz. the best or nothing. >>> stocked mixed after the supreme court ruled sports betting is legal in new jersey contessa brewer is in vegas to see who rakes in the big bucks >> reporter: yeah, so, kelly, analysts have been eyeballing caesar's, and look at the stock, up 7% since that decision from the supreme court, and for a lot of reasons namely, they have an established sports box they have been investing in here in las vegas, and that's an experience not only they duplicate for new j

vegas, 50,000 casino workers could walk off the job after their union voted to authorize a strike contessarewer has the details. >> we got the results of the vote in. they voted almost unanimously to authorize a strike this union is the backbone of las vegas tourism industry it's representing housekeepers, cocktail and food servers, bellmen, the list goes on and on 25,000 workers showed up in person at university of reno to vote 99% approved a strike if needed. they work at 34 las vegas casino resorts. the union is pushing for contract language that ends harassment in the workplace, increases pay and consideration of the increasing casino profits and the tax breaks they're getting since donald trump took office and they want to ensure job security against increasing automation >> they know how hard we work. they know we've gobeen good employees, just do the right thing. sign the contract. we have grandkids, job security, pay raises we want to make sure we're guaranteed jobs. >> the union says a strike is the last resort but is urging visitors not to cross picket lines to stay at the hotels

contessa brewer has the latest >> reporter: okay.f you wanted to make a sports bet, you had to come because it was not legal anywhere else. the supreme court decision changes all of that, and it could be analysts think, as much as a $5 billion impact in the gaming revenue they are standing ready to serve as a model and really share their experience in helping other jurisdictions get legal sports betting underway. now, who is the winner today looking at the stocks, scientific games, a provider btb provider of technology for casino companies up 11% on the day, international game tech up 3% on the day. companies that own casinos, nationwide, who can stand to use new sports books like boyd and penn national gaming could benefit here, they were up today more than 3% caesar's up 5.5% think of this. not only does it have to operate casinos around the nation, but it also has a well-established lucrative sports book and can take the model and duplicate it, and then take a look at mgm. jim has been a big proponent of sport s gaming, thought it

. >>> i'm contessa brewer, it's 5:00 a.m here are your five at 5:00 the trump administration launchingigation into auto imports on the grounds of national security. >>> deutsche bank announcing massive job cuts >>> uber out with new numbers putting its valuation at $62 billions >>> apple teaming up with volkswagen on driverless cars and the biggest names in tech are about to take the stage in paris. it's tuesday, may 24, 2018, "worldwide exchange" begins right now. ♪

let's get to contessa brewer with more on what happened there. >> that wasn't the only adjective usedo describe the call elon musk had a contentious earning call the q & a session began, musk cut off several analysts mid question when bernstein attempted to ask about capex spending, musk interrupted him by saying next when joef speseph speck asked at model 3 deliveries, this is how musk responded >> we're going to youtube. sorry. these questions are so dry >> musk then turned to a 25-year-old youtuber who tweeted at him on monday asking whether he could pose a crowd source question on behalf of retail investors. during the call the amateur analyst appeared with elon musk and he also appeared on closing bell yesterday musk allowed not only one question from gali, but about 20 minutes. he cut off actual analysts during that period musk attacked the media. musk took a few final analyst questions, and then took a slot at investors >> people are concerned about volatility, they should not buy our stock. i'm not here to convince you to buy our stock. do not buy it if volatility is scary. th

contessa is live in las vegas with the very latest >> reporter: yeah, melissa, the casino companies here awaiting eagerly this decision, nonmore so than mgm ceo who told me in december he thought this decision would be a big driver of change in this industry in 2018 he said that mgm would be ready to roll out sports gambling as soon as the supreme court came down with their decision take a look at the stock today mgm seeing a big bump. caesar's also seeing a big bump. here's a sports book, established sports book on the las vegas strip, they can easily duplicate this and put this in the casinos that they have around the country today david katz thinks caesar's could be a big winner. he's also looking at penn and boyd gaming. harry curtis at nomura agrees and in fact he's predicting now potential rooicevenues of $5 bio a year because of this decision. take a look at these technology providers. they are the ones that provide the technology to the casinos for gambling also seeing a big bump today and i spoke with a smaller competitor to these big guys, and i asked them for their reaction to

. >>> to contessa brewer in investigation for a update on wynn resorts. >> we heard matt maddox for theime addressing sports gamb gambling what we heard is him say there will not be a negative impact on las vegas. he said people come here for the party they don't couple here to bet on sports. but he was more measured in his response about massachusetts gambling, where wynn to have a stake. he said we are monitoring it carefully and that's where we could see the most opportunity as a result the supreme court zig. he also took the opportunity to tell investors the wynn could be called encore boston harbor. the largest shareholder for this company chose not to speak in her meeting. they were prepared to give her extra time but she said she thinks the letters she sent to share holers beforehand speaks for herself. >>> sports gambling is legalized throughout the country it is going to lead to a wave of deals? >> it's not been 48 hours since monday's supreme court decision and we have a couple of deals. churchill downs own the kentucky derby and other casino, race-cinos they did a deal with t

contessa brewer joins with us a look at the latest chapter in this saga. >> this is an epic a lots ofrs elaine wynn is suing in a nevada court to delay wynn resorts from holding its annual shareholder meeting two weeks from today as seld scheduled the company cofounder and now the larger shareholder said the science companies failed to provide her with a list of shareholders she believes this is ann an effort to stop her from persuading other shareholders from voting with her elaine wynn prepared a presentation for the shareholders and is pressing for all kind of change, laying out specific challenges about the way the company failed to deliver maximum value to its investors. she accuses these legacy directors of a conflict of interest where the boston casino is concerned and insist as sale could destroy shareholder value. and she's pressing for more independent and oversight on the board. all around, she wants improved corporate governance i have been told i view this back and forth with the company as a positive. she acting as a grain of sand in the oyster she wants a pearl out of t

apparently that's the only way people are drinking milk these days, contessa brewer is down on the farm reporter: becky, i'm on a connecticut dairy farm a fourth generation, their contract has been cancelled the buyer disappeared. these kids may grow up on a farm with no dairy cows >>> dairy farmers across eight states are now struggling after a decision by dean foods to cancel the contracts retailers like wal-mart and kroeg rer getting into the milk business >> reporter: hi becky, jericho acres farm in couple has been in this family four generations now, every morning she brings the boys down, while daddy is milking the cows, they get a taste of what farm life is from. then they got this letter from dean foods can selling their contract, giving them 90 days notice, they and more than 100 oitself farmers got the same letter so dean foods points to competitive pressures with a big grocer billing its own processing plant though dean did not name names, wal-mart will begin bottling its own milk for its grade value store brand in indiana and other big grocers like kroeg rer processing their

also the new tax law >>> las vegas is bracing for a n contessa, are you a hockey fan i want to talk about> okay. >> let's get to this strike first then hockey. these votes results came in early this morning the union gave near unanimous approval for a strike. this union is the backbone of las vegas tourism. it represents housekeepers and cocktail and food servers, bartenders, bellmen, kitchen staff. i could go on. 25,000 so half of the union showed up in person at the arena to vote they work at 34 las vegas casino resorts on the strip and downtown the union is pushing for contract language that ends systemic harassment in the work place, increases pay in consideration of the increasing casino profits and the tax breaks, and ensure job security against automation the union says a strike is the last resort but it's urging visitors not to cross picket lines to stay at hotels if the walkout happens. now, more than 3 million visitors head to las vegas roughly each month a strike would causethese massive disruptions to the tourism industry las vegas hasn't seen a strike since 1984 it lasted 67