darden interned at 6abc back in 2009.amily plans to hold a memorial tonight at the scene of the shooting. >> workers at a government building in trenton will work a shortened day today t-2 water pipes broke. crews had to shut off the water when the pipes broke which meant the air conditioning couldn't run. the 1,000 employees who work there don't have to report until noon today. >> the cleanup will go on in communities across the delaware valley after yesterday's strong storms. video from chopper6 shows the storm rolling in. >> an "action news" viewer sent us this video of the storms impacting their allentown neighborhood. this video from a security camera shows that tree split in half and falling across the street. it happened as the storm hit south whitehall township. utility crews will be busy again today to try to restore electricity to areas that lost it. "action news" found these crews working on the power lines along the 1000 block of knapp road in montgomeryville after the storms swept through. >> but that's outta

talked about amazon, darden ceo gene lee saying we constantly sit around here thinking about how doest on our business. even if you're a restaurant operator like dardens, you still have to think about the looming amazon risk. guys, back to you. >> yeah, everyone has got to think about it i think about it alexa, one of the stock quotes bill, over to you. >> kelly, we're taking it to the close with two and a half minutes left to the trading session. this really was the big story of the day and i got lost in the sauce this morning the pop in yields across the pond in europe i mean, the ten-year in germany and spain and france and italy, all just skyrocketed after mario draghi used the word reflation in his comments. he's not worried about deflation anymore. he thinks that the economies are going to be row boabust enough. look at the ten-year on the german bund, it was up 16 basis points and took our own ten-year higher as well, not nearly to the magnitude that you saw in europe that was a huge story, and then we all got obsessed with health care reform, and speaking of which, that xlv th

darden's adult children live nearby, but have busy lives and children of their own.ta darden gardyne is one of them, and part of the so-called sandwich generation, with elder and childcare needs. she has an 11-year old daughter, and marvie jean is her mother. gardyne realized many others had the same issues, so in 2014, she came up with the idea for oneva-- a service providing f.b.i.-background-checked care providers that customers can learn more about before they ever enter the home. >> hi, i'm zola. >> reporter: gardyne's business currently provides helpers for her parents, the santos' and 60 other clients. but being an african american woman entrepreneur is not without its challenges. >> our biggest challenge is cash. we have to turn stones that some folks don't have. i mean, in all candor, i don't have the hoodie and i'm not the 20-something that most people expect to see or would want to invest in, when you think about who in silicon valley is most likely to be able to secure that investment. >> reporter: at a 2015 startup competition, gardyne was about to make

darden were also working on secret contracts involving shipping similar types of materials into yemen for the military, specifically for the very specialized special operations forces, the commandos, who are operating in yemen today. >> woodruff: and. >> brangham: and just for the record, there's no evidence that the aid groups had any idea the company they were hiring to do work for them was also doing this work for the u.s. government. >> that's right. spokesmen for both unicef and for the red cross said they had no idea that transoceanic was carrying out these kind of contracts with the military on the logistics side of things, and had they known, they may have opted for another company, but i must say, there arein' a lot of companies that get into these kind of very dangerous war zone type of places. so it's not unusual to find a company like transoceanic dealing with multiple kinds of customers. >> woodruff: so daryl grisgraber, what is your reaction? you read this story. wht was your response? >> initially we were all quite dismayed as humanitarians, because there's meant to be

darden, under armour, gm and yellen talks at 1:00 pm eastern. at crowne plaza we know business travel isn't just business. there's this. 'a bit of this. why not? your hotel should make it easy to do all the things you do. which is what we do. crowne plaza. we're all business, mostly. >>> one of the big stories of the morning, pandora, off the initial premarket highs. tim westergren leaving as ceo along with president mike herring. we'll talk more outh aabt atnd a bunch of other names we haven't talked about yet when "squawk on street" continues. hey gary, what'd you got here? this bad boy is a mobile trading desk so that i can take my trading platform wherever i go. you know that thinkorswim seamlessly syncs across all your devices, right? oh, so my custom studies will go with me? anywhere you want to go! the market's hot! sync your platform on any device with thinkorswim. only at td ameritrade >>> just a few minutes before the opening bell as u.s. markets end the first half of the trading year with some solid gains, imf is out with new reports,

olive garden, parent darden restaurants will report results before the opening bell.is week is nike on thursday, i think. global economy stock caught in a bull/bear debate. >>> still to come, surprising factor for imbrandt success. the must-reads still to come up. >>> and a check of early action in europe. stocks taking a leg lower this morning. the dax is down a third of a percent. ftse 100 holds up. france down a third as well. icaround, "worldwide exchange" will be right back >>> eu antitrust regulators fining alphabet 2$2.7 billion i an antitrust fine. in fact, alphabet stock is up about a third of a percent in the premarket. we were expecting this decision at some point this morning many forecasting it would be over a billion significantly above that it was 2.4 billion euros, or 7 $2.7 billion still below the $13 billion bill for taxes against apple. but a significant hit on an american company a loud warning shot. we'll await response from alphabet and potentially from the u.s. administration. >> this was a long time coming this is something that not only has eu

. >>> darden restaurants up nearly 24% this year. its earnings before the bell tomorrow. >> that's an impressive move given the restaurant recession we're talking about. >> absolutely it is. >> talking about a lot of stocks under pressure are stocks like darden a buy or sell and joining you go for today's debate, our guests steven, darden aside, who do you like in this debate or with a why? >> we published our picks. we like dave & buster's, a company seeing 20% of its sales from the entertainment business, the arcade sector and cheesecake factor has stumbled a lot lately but that's pre-announced mostly due to the weather and to a weak start to the summer movie season, but beyond that, a lot of markets comps remain positive a name since the end of the recession has outperformed the sector we look for it to pick itself up in the next few months. >> peter, you're the bear here, your analysis is that it sounds like the retail industry is rather just too many restaurants out there relative to the demand for eating out right now, right? >

darden was kidnapped in yemen and held for six months before beining freed in 2015. the u.s. has launched airstrikes against a group of pro-syrian government forces who were amassing near a u.s. military base in southern syria where u.s. soldiers train syrian opposition forces fighting isis. the coalition says it destroyed artillery and an anti-aircraft weapon, but did not say whether it had killed or injured any soldiers. it is the second time the u.s. has launched airstrikes against syrian government forces in a military base. in a statement the u.s.-led coalition said -- "the coalition does not seek to fight syrian regime or pro-regime forces but remains ready to defend themselves if pro-regime forces refuse to vacate the de-confliction zone." in paris, france, a man attacked a police officer with a hammer outside and nonotre-dame cathedl tuesday, reportedly shouting "this s is for syria" during the attack. the attacker was killed. the police officer suffered only minor injuries. france is part of u.s. led coalition launching airstrikes against isis in syria. airwars says

d darden was shot twice and killed. we spoke with family member who helped raise him. >> i've never seen him argue. i've had him for 28 years and he never said one foul thing to me. please give an opportunity for the future to live. put the guns down. >> so far no arrests in this case. >>> a group of local volunteers comes together in support of a disabled man who was attacked by a group of teenagers. tonight they held a card making party in south philadelphia. the women say it's a simple gesture but hope the cards will help brighten the victim's day. this is video of the attack. two teenagers caught punching him in the face last month in j germantown. the flyers are also taking notice. >>> new tonight, dozens of teachers set to be hired by the philadelphia school district won't be getting those jobs. the cost of a new contract agreement won't allow them to hire the 66 teachers. the contract was ratified today. it will run through 2020. >>> a record setting thiegt for a high school in philadelphia. the 2017 graduating c

. >>> darden restaurants hikes dividend and that's where we begin tonight's market focus. the parent of olive garden said it would r divide 12.5% to 63 cents a share. this follows the company reporting better than expected revenue held by same store sales. profit also stopped expectations an shares row rosed to 92.69. >>> sprint is reportedly in talks with cable providers charter communications and comcast regarding a potential wireless partnership. accoreport, sprint has the brakes on merger talks with t-mobile as it continues a two month long period of negotiations with charter and comcast. shares were up 2% to $8.18. shares of chatter communications were lower as were comcast. which is the parent company of cnbc, which produces this progra >>> merck said its cholesterol drug drurg a trial lower ed the risk of hark and death in risk of cardiovascular issues. they said they're still considering whether it will file for approve. its first plans fell. shares fell to 65.54 and kb holmes reporting a rise this sales. the homebuilder cited higher prices and rise in deliveries.

friends and family held a vigil for eric darden outside the reserve lounge at 7th and arch they releasedloons in honor of the man who was once an intern here at channel six, police say he was shot and killed early sunday morning after a fight outside the club escalated out of control. police have not yet made any arrests. philadelphia orchestra is losing its leader of the past eight years, alison has revealed she will step down as chief executive officer at the end of the year. and she said the timing is right that the orchestra is on a more solid footing both artistically and financially but that the next ceo will have to raise the orchest orchestra's endowment. huge win for republicans in georgia north of atlanta as they have staved off the challenge of the democrats in a district that donald trump won by just one point last november. democrat jon-ossofn was given a good chance to defeat karen handel to show democrats were taking back the house in 2018 but it didn't workout that way, right now handle leading ossoff by 7 points, 13,000 votes she has been declared the winner. senate majo

darden restaurants beating estimates by three cents with quarterly profit of 1.18 a share.n parent raised its quarterly dividend to 63 cents a share. those shares have been higher all morning now up 2%. >>> amazon's whole foods deal is the latest example of the tech giant's growing empire the company's disruption could be a good thing for the economy according to our next guest. chief economic commentator at the "wall street journal" recently wrote an op-ed the economy needs amazons but it mostly has ges good morning to you, greg. thanks very much for joining us. >> thanks for having me. >> explain that point of view. you say that these type of deals shake up the economy, shame up and disrupt businesses which is positive >> yeah, i mean if you're in the retail sector, not very pleasant to wake up one morning and discover that amazon's entering your space, the first thing that's going to happen is your stock price is probably going to tank, and the second thing that's going to happen is that some activist investors are going to start buying up your stock and demanding to kno

darden restaurants, owner of olive garden, more people went to the restaurant, up 2 1/2%.al motors lowering outlook for auto sales in america, stuck at $34. has been forever. and looking at the five. they're down. stuart: and lidl. is that the pronunciation. ashley: they say lidl. stuart: plans to build redistribution in georgia. and lidl gunning for wal-mart. >> i think they're gunning for a piece of the multi-billion dollar u.s. industry. i think there's enough there. even though amazon is there. wal-mart pays 3.3 billion for a start-up company, jet.com three years old because they wanted to be in the space. liz: maybe they can bring back the ghost malls and revive them. >> there's enough out there where people now, the way our lives are changing, we want something brought to us. we no longer want to go out and get it, so there's plenty of people out there who can get a piece of the market. amazon will have a big piece of it. who else is there. plenty of room for lidl. >> i think that americans now spend more money eating out than they do at grocery stores net for the fi

and on the earnings front, results from darden restaurant, conagra, nike. >>> the latest transformersng the top spot at the weekend box office landon dowdy joins us with more. good morning >> reporter: taking top spot at the box office this weekend, $69 million domestically it is on par with expectation, lowest grossing opening weekend for the franchise, and puts added pressure on the $217 million productions international performance. good news, brought in $192.2 million in about 40 international markets. china opening at a franchise high, race for second with disney cars 3 alongside wb "wonder woman. both studios reporting $21.5 million over the weekend cars dipping 53% in its second weekend. "wonder woman" dropping only 39%. and fourth weekend of its release, sixth largest grossing dc comic adaptation worldwide. back to you. >> i want to see it. >> i want to see "wonder woman." it is doing well >> landon, thank you for that. >>> stocks to watch, pandora founder, ceo is trying to step down reporting they have not selected a replacement, he likely stays on until a new ceo is in place

all of garden is helping -- olive garden is helping darden properties move higher.14 match, garden has added healthier options and back to basics and menu. pandora named a handful of management changes. ceo tim was green is stepping en is-- tim westergre stepping down. pandora said it is part of the company's "next stage." behind those $70 flip-flops could be passed to one of the richest families to another. by theity firm backed family is in talks to buy the trendy sandal maker. bautisontrolled by the tas, a family at the core of a corruption probe. that is your business flash. sometimes it seems like there's not a family was not embroiled in a crisis. we will look at an entrepreneur's strategy to compete against giants like amazon. this is bloomberg. ♪ >> i am a vonnie quinn along edwards for a three year old company headquartered in new jersey is often described as costco for millennials. it has the convenience of online shopping and with more than $100 million in sales in one of the -- more than $30 million in venture funding, the formula seems to be working. th

brown, talked about the auditioning for the role of chris darden.is real, very interesting, he said, "i shaved my head for the audition and memorized my lines right away, and i put on my rehearsal glasses, which are basically frames without any lenses." [ light laughter ] then brown continued adding, "they look like real glasses but they're not. [ laughter ] most glasses have lenses, these ones don't. these glasses don't have lenses. they're my rehearsal glasses." [ laughter ] you see the difference between my normal glasses and my rehearsal glasses that my normal glasses have lenses, whereas my rehearsal glasses don't. have lenses, that is." [ light laughter ] and finally, he said, "if you poke your finger through my rehearsal glasses, you'll poke my eye. if you poke your finger through my normal glasses, it will hit the lenses because lenses are in there." [ laughter and applause ] very interesting quote. long quote. this is kind of big. i saw that in the latest batman comic, batman proposes to catwoman. [ audience ohs ] then robin was like, "who

lately on nvidia >> retail once again taking it, autonation and simon property, footlocker, even dardengative about new york real estate and a lot of us feel there is too much new york real estate, simon property obviously is mall based. there's just a lot, double trouble for nyc rents. this morgan stanley piece which was so long, look, it was the best of times, the worst of times. oh, no, i thought it was -- well, actually -- >> i read this in high school. >> it's about the battle of the board, it's requesting war and peace. tolstoy had game >> very nice book. >> i loved anna, and i loved ronsky, i thought it was an underrated character >> oil we're going to get some inventory tonight. we are looking for a draw. we were up for a third straight day. >> that's about all we're going to get i have a thing i'm doing with the new york stock exchange with my friend rusty brazil from rbn energy, and i've got to tell you we don't have the strong demand we need and not getting the shut-ins this rig count doesn't stop. the personalean, companies that are 33 to 38 now on the permian pumping like m

it's not only one of darden's top brands, but one that appeals to young people. 30% of the olive garden do they go in and disrupt this industry? other companies are already involved like grub hub. wouldn't be the first time we've seen it from amazon. we've heard they are teaming up with nike to sell sneakers. another example. >> julie: all right. thank you very much. i'll take a bite of that breadstick after the show. a world war ii submarine is stuck in the most unlikely of places. some people are trying to save it. laura ingals is there now. laura? >> hi, july. here along the hackensack river in new jersey. the submarine has been a floating museum for years, but an eviction notice has been served. how are you gonna get a ship that big under a bridge that's that small. big question. we'll have an answer after the break. >> julie: a high speed submarine from world war ii. local new jersey volunteers want to use the parts for a naval museum, but the 2500 ton ship has become inaccessible and stuck in a river bank. laura ingall is there. she joins us live. hi, laura. >> reporter: hi, julie

darden doing pretty well on good earnings and solid comps w,hoh,n a tight range, up 7 we're back in act chatter ] [ intense music playing ] it's here, but it's going by fast. the opportunity of the year is back: the mercedes-benz summer event. get to your dealer today for incredible once-a-season offers, and start firing up those grilles. lease the e300 for $569 a month at your local mercedes-benz dealer. mercedes-benz. the best or nothing. don't put off checking out your medicare options until 65. now is a good time to get the ball rolling. medicare only covers about eighty percent of part b medical costs. the rest is up to you. that's where aarp medicare supplement insurance plans insured by unitedhealthcare insurance company come in. like all standardized medicare supplement insurance plans, they could help save you in out-of-pocket medical costs. taking informed steps really makes a difference later. that's what it means to go long™. call now and request this free decision guide and explore the range of aarp medicare supplement plans. all plans like these let you choose any doctor

look at darden, up more than 90% since gene lee was appointed interim ceo. later made permanent ceo the same for microsoft in february 2014. that stock is now up more than 80% than it was the day nodela's role was announced both stocks wildly outperformed over their corresponding period. not all are slam dunks proctor oier & gamble in 2014, stock has gained only half that of the broader s&p 500 lasley stepped down in 2015. now procter & gamble faces a new activist in triant, scott. >> pete, what do you do with ge, knowing now that imelt is out and pelts is still in? >> right well, i'm very encouraged that pelts is still in. this is one of these names -- you know, i felt bad i actually think jeffrey is a wonderful person i've gotten to know him over the last couple of years but in terms of what he's accomplished in 16 years at ge, it's frustrating for a lot of people. >> do you think the ge is the worst performing down component compared to down like 20%? the you to is up 120% over that period. >> there have been other massive companies, because a lot of peop

lisa darden is a political commentator and a black lives matter supporter.anks for coming on.. >> thank you. good to see you. you are doing well. >> tucker: i was confused. i thought the whole point of black lives matter, one of the points, would be to speaking out against people -- you can't control what the race is. yet, they seem to be doing that. explain that to me. >> what i say to that, boo hoo hoo.oo you white people are angry because he couldn't use your white privilege card to get invited to thehe black lives matter is all black memorial day celebration! wow. let me contextualize it for you. dmemorial day was created -- >> tucker: i don't want you to contextualize it. >> it was created by black poor slaves in 1865 to honor those individuals who were union soldiers who fought and died for our freedoms, so black lives matter, in that same vein, decided to get the other with black folks -- >> tucker: i'm not going to let you filibuster past my question. hold on. i don't want to shut this down but i will. i am not mad at that. i'm not mad at that.s i ju

some big earnings ahead next week we've got darden, general mills, and look at nike that's where you to start. josh, jimmy? >> we both bought the stock at the same time, and i've got a half position, and i'm thinking about adding it to it, front of. there's nothing to indicate it was very good. not that it was bad either let's get the results out of the way. historically that's right in the middle of the range. sort of 18 to 22 that it trades. i'm going to be in with both feet. >> josh. >> right so we bought it last winter. had a great rally into the spring, went up $8, $9, and gave it back for all the fundamental reasons. lack, you've got pretty substantial reports. 29 bucks, i thought it was very tradeable. if we get below that on a disappointment, this is not going to be a good name to hold, so i'm not going to be telling people to run to nike ahead of the earnings i would be more excited if i weren't in it, if they miss, giving me an opportunity to accumulate. >> i agree. >> that's my whole spiel go. >> i was going to say. thank you very much. the salute w rllaseay good and in an

it's time for the final trades mine, darden what's your take on the desk >> wow, the competitive invirnmeinvirment is really good. >> that's why i bring it up. >> because of where they are and where they sit, it's not necessarily the higher end. >> gutsy call. >> it's a great call if you're saying it's going higher, scott. >> what's yours? >> financials. it's going to be a second half of the year story as we get to the end of the first half. second half. >> in a downtrend, it continues down. >> i'm going with xpi. >> good stuff. thanks for watching. "power lunch" starts right now. >>> welcome, everybody i'm tyler mathisen great to be back the supreme court allows president trump to enforce parts of his travel ban with some restrictions details on that, plus wall street's whipsaw reaction today. >>> and washington waiting for the scoring from the cbo on the senate's version of a health care replacement bill. controversial topic that we're going to debate today. >>> should older americans pay more, maybe even a lot more, for health insurance. >>> and super-condo stress is one monument to the ult

the companies trading at all time highs, it's not just the usual suspects, carnival cruise lines, dardencboe. united health, j & j. united airlines. >> those are all growth stocks. basically, this -- >> sherwin williams? >> housing, growth. >> all this year, all this year they're two areas you would not expect to be left behind that are totally left behind. >> pcg, xel. >> rates are at all time lows given what's going on with the economy. you have the financials and the energy have been basically -- financials have done nothing -- >> they're down this year. >> they just happened a few days -- >> let's bring in cole sneed, would you be picking up some of these underloved areas of the market right now? >> yeah, well, looking back about two years, 496 stocks have gone nowhere, and four have made the market higher in a two year stretch. that highlights how incredibly narrow it is. price movements, let's talk about things that are concrete that we can focus on. let's say, kelly, i came to you with a business and said, hey, here's a deal, i have this business, it's going to have a lot of succe

we learned last night of darden restaurants, parent company of olive garden where he am standing hereant to team up with amazon, test out delivery of breadsticks or maybe full menu. we don't know the details because they haven't made them public. details are less as the amazon coming in maybe yet disrupting another industry. olive garden has pretty young audience. little men ya'll play -- millenial play, 24ers are millenials. amazon comes in, depending how big they go, maybe disrupt food delivery from restaurants. other companies do this like grubhub and others. what is the effect? we don't know. bring it together with another story, amazon teaming up with nike, nike shop first time at amazon.com. if you want nike shoes, you had to go third party for nike. partially doing well because of this and because of their earnings. they deal with nike, what does that say for dick's sporting goods, retailers where you go to their website to buy sneakers, now directly go to amazon. bottom line look at both of those industries. there have been other examples, walmart tell you about this, amazon c

but what's happened, the dine in, the dardens of the world, the higher have done well.uffalo wild with my model, because bar san miguel i know if you can't get people in there buying the margaritas and buying the beers you don't do well. but the source of profit is the beer and you don't take out an have beer. hey, let me have five beers for the road that stuff doesn't happen anymore. it's good it doesn't happen, frankly. >> i'm looking at the biggest laggards on the s&p. i would say the top 15 or 20 are all 30-plus percent gainers for the year. >> yeah. look, you'll get -- we're at a moment right now, you know, mid june where people want to take some profits i have heard people -- i came up with f.a.n.g people are saying, whoa, this is -- now, let's understand each other. a lot of stocks that are up, but a lot of stocks had great quarters when you mentioned autodesk, a lot of companies went to a cloud model and a subscription model the internet of things they have given you so many reasons to buy, if you go over the nvidia chatter, did it go up too fast, yes. does nvid

. >>> also, darden rallying on its earnings beat, the restaurant chain raising its quarterly dividend 12% tyler. >> welcome, everybody. i'm tyler mathisen and here's what else is happening this hour fed chair janet yellen speaking in london on the state of the economy. she's expected to take questions. will she give new clues about the number of rate hikes that may be ahead we're going to monitor that and bring you any headlines as they occur. yellen's speech comes as the imf lowers its growth forecast for the united states because of uncertainty over the trump economic agenda. more on this ahead and the supreme court will take up new jersey's plan to allow sports betting at casinos and racetracks it was struck down by lower courts as a violation of federal law. >>> meantime, we begin with a developing story, another massive cyber attack, wreaking trouble on governments and businesses around the world. eamon javers live at the white house with what we know so far hi, eamon. >> reporter: tyler, that's right. one of the things we know so far is that the list of companies that's affected