david: david leonard reports about two and kushner.s wealthy, a mogul, he owns a newspaper in new york and i think he is interested in having power and influence and you'll get a lot more if his father-in-law's elected president. david: he is right out of harvard, he has been hoisted on a big stage, his father faces and in charge of a big real estate company. david leonard: he bought a big skyscraper on fifth avenue, and he hung on to it when the market tank and it bounced back and they bought $7 billion worth of real estate, all the way out to cleveland, so he is a big deal. he is also influential in the newspaper and sort of like a murdoch or an aspiring press lord. david: what do we know about to do. wants and hopes david leonard: i don't think it is clear, but he is that a lot of rallies supporting his father-in-law and he is behind the scenes and working on his father-in-law's behalf. he has endorsed his father-in-law, so i don't think it is a stretch to say that he would be a powerful person in washington of his father-in-law was

carol: sorry david.ing about very large companies that are selling a kind of period utopia, that when women get their periods, it is great and wonderful and we are prancing around in a field of flowers, and wearing white spandex. and we are very happy about it. of course, no woman actually feels that way. carol: there are companies that are also being kind of socially responsible and giving back. jennifer: all of these companies have made a social mission. they have woven it into the fabric of their company and that is really how they are selling their products. the idea is that you are confronted with a company that, you are getting your period, here is this new product that -- but you should know there are disadvantaged women all around the world who do not have access to the same products that you do, so buy from us because we are going to give something back. david: and perhaps pay premium to do that. jennifer: and pay a premium to do that. the organic tampons are roughly three dollars to four dollar

david, do this and that. david, go here.earch and technique that goes into e-mailing like that for a political campaign. tim: it is not just a guy in the corner tapping out e-mails. there's testing and motivation behind each of the messages, and seeing what does do well and what doesn't. the amounts asked for play into the psychology of giving, that sort of thing. the way you respond may trigger another kind of response down the road and it is part of a bigger picture of how a campaign will try to essentially market itself to its supporters and potential supporters. >> speaking of a campaign doing just that, it is hillary clinton. she is working with a company. what exactly are they doing? tim: this is interesting because she is not really talking about all of the details. we are on the outside looking in and we are seeing things. we are looking at some job ads where clearly she is trying to build the data army that barack obama had. one of those key people went off and started a startup a few years ago that found some fundi

david: i am david gura. carol: right now, breaking the addiction to sugar. david: a cautionary tale to other unicorns. carol: and the powerful powerbroker behind donald trump. david: all of that and more, ahead on "bloomberg businessweek." carol: we are here with "bloomberg businessweek's" editor. you talk about the bank of england and the personal experience with the former ink of england governor. >> that is right. michael lewis, the author of liar's poker, the big short does a book review of mervyn king's new book. in the process, he talks about what a great professor he was because he was his teacher, but he also talks about this one plan that mervyn king comes up with that would really help the banking system in his view by simplifying what gets bailed out, what doesn't and protects banks and in a much simpler way, which just sort of kind of seems so simple, hard to believe that people are not already talking about it. carol: it is not like he wrote a book about pay, this is what it is like to be the head of the bank of england but he wrote something us

david: it does.al media turning on hillary clinton, "new york times," of all people, now calling for more cand or from democratic candidate, howie kurtz sounds up next. >> a drug resistance super bug found for first time in the united states. >> the medicine cabine empty for some patients, the end of the road for antibiotics unless we, urgently. to reach my goals. so i liked when my doctor told me that i may reach my blood sugar and a1c goals by activating what's within me with once-weekly trulicity. trulicity is not insulin. it helps activate my body to do what it's supposed to do release its own insulin. trulicity responds when my blood sugar rises. i take it once a week, and it works 24/7. it comes in an easy-to-use pen and i may even lose a little weight. trulicity is a once-weekly injectable prescription medicine to improve blood sugar in adults with type 2 diabetes. it should be used along with diet and exercise. trulicity is not recommended as the first medicine to treat diabetes and should no

david: ruin the firm. emily: do these people still work at greylock? david: some do, some retired. not because of that. emily: john, you are behind some of the newer hits -- dropbox, instagram, tumblr. how do you fill the big shoes of david sze? john: what i learned is you probably don't try. for me, instagram is a good example. i brought it in and people did not love it. emily: really? john: reid was not sure it would work. i believed in kevin and had enough affinity for the category and the product that i really wanted to do it. emily: why didn't reid think it would work? john: i don't know. reid said some words, and who knows exactly what he meant? he thought it was interesting, but not huge. emily: is there a science to it, a formula to these things? john: with kevin, it took me a while to convince him to raise money. i chased him for the better part of six months. david: airbnb is another example. this is one i was like, i don't get it. i don't get it. reid was on the other side pushing really hard to make it through. we think that dialectic, combined with respect for each oth

david.elissa: -- finances could be more than accidental. after looking into the clinton global initiative records on more than one year, charles ortel, a financial whistle-blower and analyst found major discrepancies he says could be fraud. he joins me now. i just want to explain to our audience. you are somebody who looks into these very detailed financial records. it's a ton of work. it took you 15 months to do this. you were somebody correctly identified problems at ge around aig. this is not a political thing. numbers and finance is hard work. it is your business. looking inside of this i started to go through your reports. you have 40 reports you will be releasing. one thing that jumped out at me, but one of the biggest, bill clinton paid himself and collected payments from something called laureate, $15.5 million. >> in a foundation, you're not actually allowed to mix for-profit work with non-profit work. you're not strictly allowed to do it. bill clinton from beginning taking payments

david: we spoke to reporters david welch.a lot of technologies that are converging. ride services like lyft are growing. these things are all done by apps, that's a reservation system is done. you want to have the self driving car that comes in picks you up after you reserve some time with it on a nap -- an app. people are going to be left in this old world business model, and that's the conversion that make silicon valley very opportunistic. that makes detroit and stood guard and tokyo companies a bit nervous. david: you look at why detroit needs silicon valley, you also need the inside of the coin. why does google or apple need a partnership like this one? david w.: google and apple are not in the business of making cars. it is the simple point. the other part of that is what they really want to get into the business of making cars? that's capital intensive, expensive, not high-margin. those companies are in massively high-margin low capital businesses. with a would rather do, particularly google -- they would like to partn

david: from world headquarters in new york, i am david gura. shery ahn: and i am shery ahn.er to raising interest rates. the s&p 500 rate shows a weekly decline but is now higher for the year. shery ahn: shares of john deere getting trend today. they allowed past earnings estimates -- they plowed past earnings estimates. david: what impact will the doomed egyptair jet have on stocks? americans may be reluctant to travel abroad this summer. are one hour from the close of trading. let's head to the markets desk. s&p isear to date, the now up for the year, up .4%.

david, back to you. david: commodities markets are closing in new york.ading higher for the first time in days. investors looking at u.s. data at 10:00 tomorrow. gold closing around 1228 a troy ounce. riselation of a rate dent demand. juan santos is today it is open to a deal with bayer but the -- monsanto saying today it is open to a deal with but says- with bayer the current deal is inadequate. >> it will be a rigorous scrutiny. the doj is going to want to jump in and take a careful look at all the areas where these companies compete and maybe even where there some vertical integration. and really dive deep and take time. david: you mentioned the current environment. we've seen a number of deals scuttled because of this environment in washington. is there more scrutiny than there has been? jennifer: there's more scrutiny. regulators are more willing to go to court, have more, vince the judges will accept their confidence that judges will accept their theories. these facts are taken one by one. a challenge to a previous deal does not necessarily equate t

david: from bloomberg world headquarters in new york, i'm david gura. oil surges, hitting a six-month high, this after goldman sachs has security issues have worked out the surplus. how is texas doing with the fluctuations in oil prices the governor of texas greg abbott joins us in the studio to talk about that and the state of the republican party. $17 billion holds in u.s. treasuries. providing some answers but raising more questions. stocks are at session highs. ramy inocencio has the latest. ramy: the dow, s&p, and the nasdaq at 1% higher or so. up nearly 20 points. the nasdaq up by 66 points. green, especially what happened on friday. we have basically erased our losses from friday. it is as if the past two days there really happened. about, itas talking is an energy-led rally. hownt to show you exactly green we are in terms of sectors. energy is up by nearly 1.6%. it has been the biggest leader by sector for the entire day. information technology not far behind. had been inerials the number two position, now in the number three position. take a lo

david? david: some financial news. red robin, yuck, shares of the burger chain getting grilled down 19% today, hitting 1 1/2-year low, lower than expected first quarter sales and decrease in foot traffic and strong dollar all weighing on that stock. melissa: donald trump may have won over the chairman of the republican party but the never trump movement is not giving up. coming up we ask erick erickson how they plan to stop trump at the convention. david: one state's convention chaos could be a warning for democratic national convention in philadelphia. ♪ here's the plan. you're a financial company that cares, but your logo is old and a little pointy. so you evolve. you simplify. you haven't changed. you still help people live their best lives. and finally your new logo is ready, and you decide the perfect time to show the world is right... now. in new york state, we believe tomorrow starts today. all across the state, the economy is growing, with creative new business incentives, the lowest taxes in decades, and new i

david: in the backyard.arol: interesting, all the students go to schools, racking up all of the student debt, ultimately, you don't have to go to college. ellen: if you are very smart. that is a lesson. carol: in the global economic session, you talked about puerto rico with a lot of problems. a lot of debt. there is more to be done. they really have to fix their economy. ellen: they do. the problem is they don't have an economy. they relied heavily for a while on the pharma industry. a lot of pharma companies wanted to do business there because there were tax advantages. those tax advantages no longer exist. and so the pharma companies over time have left. they have also attracted finance people because they have tax advantages for finance people. that has created resentment because people who live there don't have the same advantages. and so the question is, what is puerto rico going to be able to live on? david: pharma companies have left. a lot of people have left. ellen: one of the stats we have is the

david: hillary clinton is hoping silicon valley's titans really are #withher. ♪ david: welcome back tobusinessweek." i'm david gura. how do uganda became the world's marketplace for mercenaries? clinton trying to take a lead in silicon valley. apple trying to restructure his music service. ♪ carol: i'm carol massar. i am here with the editor's -- you talk about how investors need to lower their expectations. >> especially when they are heading towards retirement. it went back to what very summers was talking about, it does not look like the economy is picking up steam for a while, and it means interest rates are likely to stay low. it means people can't count on the kind of returns and income that they were planning on for their retirement. the rule of thumb used to be you could take 4% of your assets and spend them every year. what advises are saying is that maybe overly optimistic. carol: people are working longer and longer and longer. let's talk about the technology section. you write about fingerprint technology and how bad may eventually be a problem for criminals. emily: it coul

well, then, you might be david cho. >> david: hi.an ak piñata? >> david: that is an ak-47 piñata. >> anthony: wow. >> david: so, i mean, this place is in downtown l.a., so i try to have as many weapons, like, hidden throughout. i got ninja swords and ninja stars and stuff. >> anthony: you need -- you need a puppy, man. [ laughter ] >> anthony: you need a puppy. >> david: i do need a puppy. [ laughter ] i'm going to paint you today. is that cool? >> anthony: yeah, sure. >> david: all right, so, just sit. >> anthony: sit? >> david: right there. and -- sorry. don't usually paint this early in the morning. okay. i'm going to go more expressionistic, if you don't mind. >> anthony: i want to know, and you were on record, you said, you know, young people, uh, looking to follow your road to success, your advice is, whatever you do, don't date a korean girl. >> david: oh, okay. i try to be open-minded about things, right? but, well, i'm racist. you know, for me, i've given it a shot. and then i end up in a situation where i feel like i'm dati

david? >> my pleasure. david: debt crisis in puerto rico. how much are taxpayers on the hook if we bail them out. are a lot of other states going to follow suit? we'll ask treasury secretary jack lew the tough questions live from puerto rico in a fox business exclusive that is coming right up. melissa: army budget cuts sending active duty troop levels to a 76-year low. is that putting our security at risk? david: is donald trump changing his tune on taxes and minimum wage? he says no. our panel weighs in. >> i would like to leave it to the states but i will tell you $7.25 is pretty tough. and as far as i'm concerned, i could see something happening there. ave a perfect driving record. perfect. no tickets. no accidents. that is until one of you clips a food truck, ruining your perfect record. yeah. now you would think your insurance company would cut you some slack, right? no. your insurance rates go through the roof... your perfect record doesn't get you anything. anything. perfect. for drivers with accident forgiveness, liberty mutual won't

david? david: the frustration of all his supporters. mike emanuel, thank you very much. >> thank you. melissa: bad news for brick-and-mortar stores. a slew of lousy earnings reports for retail giants have many wondering how long they will last. nordstrom just reporting a big miss. we'll have more on the numbers coming up. david: we knew that was coming up. newspaper are having army of reporters looking into donald trump's past to write a book and are they going too far? melissa: why hillary clinton's latest criticism has some economists scratching their heads. >> donald trump's tax plan was written by a billionaire for billionaires. ♪ ram trucks are reaching new heights when it comes to capability and efficiency. the ram heavy duty is the most capable full-sized pickup on the road today. and, the ram 1500 is the most fuel-efficient, full-sized pickup. ever. so what does that mean? it means ram trucks give you the best of both worlds. so go big. and go far. guts. glory. ram. at ally bank, no

david: and i'm david gura. can find us on the radio on sirius xm channel 119. carol: and also on boston 300 and bay area 960. david: and the politics and policy section, look at the free publicity donald trump has gone --.in -- has gotten from the news media and social media. carol: we asked what that means for tv executives planning on campaigning advertising dollars that have not materialized. tim: he has millions of followers, and he tweets something out and it is free advertising essentially, to millions of people. often times, he says something so incendiary it gets picked up on local news or cable network tv, and it just goes viral and we're all talking about it in ways that paid advertising doesn't really break through. he definitely has a strategy with working with the media and is a master at pulling the strings to kind of generate coverage. one estimate is that he has received almost $3 billion worth of free media or earned media , which is a staggering amount and far exceeds any of the other republic

about david mccullough. number 10. [laughter] we are going to work down. he never writes a book on a subject he knows. he writes to learn. number nine. you might not know that some people have called david a rock star. friends tom good publicas called him in and with women and children in the audience has called him "an american sex symbol." [laughter] number eight. you might not know that david insists on writing about history where it was made. for john adams, he wanted to climb in ancient staircase in a historic church in philadelphia, pennsylvania, literally following in the steps of john adams. then he emphasized the two words, ancient staircase. -- let me emphasize the two words, ancient staircase. step until he entered the belltower and try to imagine what john adams would have seen. for his monograph 1776, he came up with a creative idea. of reenacting george washington's crossing of the icy delaware river. he actually had a couple of takers that served on his crew. one was the artist andrew winds an

david: never happen. >> very good. david: look at shares of gap.y are now up significantly after hours, about 3%. but weak sales leading to major cost-cutting measures. retailer announcing plans to close 75 old navy and banana republic stores world way. a lot of people will be put out of work by that. melissa: yeah. david: not good news. the shares are up after-hours a bit because expectations were so low. melissa: bad news for hillary clinton. new national poll shows trump with an advantage over the former secretary of state. what that means for the race. that's next. david: also mark zuckerberg meeting with some of the best-known conservatives including some fox people amid reports that fox book, facebook, suppressing political views. we'll talk to one of the men who was at that meeting coming right up. >> we were kind of pushing on an open door. facebook knew it had a trust problem with this community and they are determined to try to turn that around. the e-class has 11 intelligent driver-assist systems. it recognizes pedestrians and alerts you

david: i'm david asman. and this is "after the bell." we got you covered on the markets but first here is what else we have for you this hour. donald trump finally revealing how much money he's raised and given to veterans charities while seizing the opportunity to bash the media. here how veterans groups are now responding. >>> the never trump movement shrinking rapidly, still vowing to find a way to defeat him. bill kristol, the movement's leader who got a shoutout from donald trump suggesting he has found his candidate. bernie sanders hitting california hard, forcing hillary clinton to cancel events in new jersey and rush to california a day early. we're just one week away from this critical primary that could really define the democratic race once and for all. melissa: back to the markets. only handful of dow components in the green on the final day of may. the dow down 149 points at session lows, down 90, 88 to be exact. phil flynn, price futures group, fox business contributor is watching action in oil and gold and lori rothman on

david? david: what an outrage.may become the first state in the united states to require that gun owners be entered into a fbi database. the system notifies police if someone on the list has been arrested anywhere in the u.s. called a wrap backdate at that base. already exists for people in positions of trust like school teachers and bus drivers. this would be the first generalized database for gun owners. the bill will undergo a legal review process before it heads to the governor's desk. melissa: hmmm. not sure if a permanent tattoo is for you? the new ink that might fade those worries away. that's next. we asked a group of young people when they thought they should start saving for retirement. then we asked some older people when they actually did start saving. this gap between when we should start saving and when we actually do is one of the reasons why too many of us aren't prepared for retirement. just start as early as you can. it's going to pay off in the future. if we all start saving a little more today,

david, how magnificent. hope we can have that on the internet for everyone to listen and to learn. ron, one of the -- i know you're tom. i'm going to ron now. ron, one time you taught us in the top ten that we have in common with david mccullough is when he's writing, when david mccullough is writing, we're all learning. we are all learning. thank you, tom, for the opportunity to say a few words here. the reason i wasn't here at the very beginning was because there's one other element to all of the personnel you see beautifully honored in your remarks, david, and that is spouses who we are welcoming this evening for the lunch with the first lady tomorrow. and so my husband, paul, was here, so rosalee, i know you will appreciate that recognition. but let me thank tom and to thank ron also for your leadership of the u.s. capitol historical society. i think, ron, that -- and tom and ron that this is the happiest day of john larson's life to be here with david mccullough being honored. this isn't the first time.

david: welcome, i'm david gura. what is driving the market on this, the first trading day of may. we had live to the global conference, our interviews were with steven tananbaum and neil chriss. defaults on a payment and the governor admitting he does not expect to be able to make a $2 billion payment in july. we're going to start this hour at the milken institute global conference in los angeles to go to steven tananbaum. erica: i'm here with steven tananbaum. i want to begin our conversation by dispensing with the myths we're going to talk about liquidity. is there liquidity problem in the corporate bond market? from the perspective dealers, liquidity is different because there are fewer dealers. and their ability -- erik: you were talking about banks. steve: they have less of an for -- if i had 100 million charter bonds, they might have bid for half of them were all of them for five years ago. -- now, they are building bidding for what. they can trade property. the balance sheets are smaller. they've shrunk the balance sheets, so what does that mean for liquidity? that there is

david: is that common? big pharma was donating to charities and then getting the money back from the government and this is something kind of sketchy. we started out with a typographic cover. it was pretty bold and we were happy with that. this is pretty much done. the story came in and we realized they are not robbing anyone because they are not doing anything illegal. carol: and it is helping people. pivothad to have it -- and we start with a headline. somethinging to write to contradict that. a eventually changed into lower headline so it's one big headline but half of it is not that physical. carol: it is really colorful. how you figure out which catches peoples attention? >> in this case, the first part of the headline is big pharma is here to help. we wanted the image to play to that so we thought of the color and the brightness and the hearts would play at that effect. david: there is some silliness to this. >> it is extremely silly. this ari is not silly but in order to bring you in, it's a lot to e

that is coming up next. ♪ david: this is bloomberg markets. i am david gura.hery: and i am shery ahn. david: let's of the major indexes. the s&p 500 of about one point 2%, 20 points, 2076. the nasdaq, up almost 2%, 92 points at 4858. shery: time for the bloomberg business flash, a look at the business stories in the news right now. ucla has signed a 15-euro panel contract with under armour valued at $280 million. the pact represents the biggest college sports apparel deal yet. the contract eclipses the 2014 deal between under armour and notre dame, which included an equity stake in the apparel giant. david: radio giant i heart media has one and battle against media lenders, with a texas court ruling they were within rights to transfer assets be the creditors reach. the lenders had threatened to put the company into bankruptcy of the transaction. expert -- the judges agreed it was an effort to boost profitability. shery: another twist in the summer rest the legal drama. they have replaced two former trustees, the viacom chief executive officer and george abrams

david: i'm david asman with "after the bell." first what else we have for you this hour, it is official, donald trump has now surpassed the number of delegates he needs to be the republican nominee for president of the united states. he just responded to the news at an event in bismarck, north dakota. this is hillary clinton may be moving further away from the democratic nomination. she is getting hit from all sides about the use of her private server and new poll results showing she is neck-and-neck with bernie sanders in the crucial california primary. >>> america's defense system running on floppy disks. your tax dollars at waste. why the government is spending billions to keep systems running on nearly 50-year-old technology. melissa: the dow down 24 points on the day. as we come into the close. phil flynn, price futures group, fox news contributor. watching oil and gold from the cme. adam shapiro on floor of new york stock exchange. adam, first to you, stocks mostly flat but you have stocks to watch today? reporter: yeah but

david: david macintosh, club for growth. good to see you, david.r coming in appreciate it. melissa. melissa: supreme court decision could leave some voters in limbo this november. highest court in the land is declining to block a texas voter i.d. l present very specific forms of photo i.d. more than a dozen states have new voter i.d. laws could play a role as voters head to the polls. fox news's shannon bream has all details. break it down for us, shannon. reporter: good afternoon of the as we led into the fall election, dozen states will have new or newly-beefed up voter i.d. laws first time during presidential election. critics claim the laws are to oppress minority vote. like studies from this unof university of california san diego, the analysis shows that strict identification have differentially negative impact on hispanics, blacks, asian-americans and in primaries and general election. we show that voter i.d. laws skew those on political right. authors went on to say, while they believe voter i.d. laws lead to lower minority turnout or wheth

david? david: first back to the markets, the dow seeing intraday swing more than 200 points. what a day. hitting a triple digit high, before plummeting when the fed notes came out. phil flynn, price futures group and fox news contributor, watching oil and gold from the cme an lori rothman on the floor of the new york stock exchange. lori, it started when the fed minutes hit at 2:00. >> they basically did indeed, david. more officials than ever in favor after june rate hike. fed funds futures factor in chances of the rate hike. 41%. message of the market is pointing toward a rate hike. we saw the swing as you pointed out in the market. basically as people are making their decision and their adjustments to plan for a higher interest rate environment. now we will close pretty close to the unchanged mark, don't forget. we had a sharp selloff yesterday. you have the s&p 500 crossing its 50 and 200-day moving averages, in the past signaled a bearish trend for the markets but treasury yields spiked

i am david gura.week's feature section, pioneer natural resources says there is no place like home, which in this case is west texas on what might be the largest oil reserve in america. caroline spoke with a reporter. >> they have in the past two years tapped into an extremely productive new find in an old field, the permian basin in west texas. has beendly, pioneer very conservative about financial matters keeping their , debt load, raising equity when necessary, getting rid of unnecessary assets to make sure they have the cash to keep drilling when they need to, and also to stay out of the kind of lever position that some of their peers find themselves in. >> they have banks a lot here on horizontal drilling. explain how that works and how difficult that is and what this company has managed to do by drilling horizontally. >> horizontal drilling, along with fracturing, has been around for a long time, but only in the last decade or so have we seen it used extensively in some of the field of north dak

david: appreciate that.e is getting ready to pick the next generation of iphones with new screens, with a return them to robust growth? ♪ david: this is "bloomberg markets." shery: apple is betting on a new screen to boot -- to boost sales, made from organic led, thinner and more flexible. orders for the equipment to make it are up 400%. emily, did he say anything about this increase in sales? emily: i asked him specifically at it was related to the new iphone, but they said they could not talk specifically about their culture. he did talk about broad expansion across the mobile industry. this with the 208 toeens, going mostly back the lcd. the technology is difficult and clunky to produce. especially at that size and scale. take a listen to what gary dickerson told me about the screen specifically. >> it really is the change in the mobile products to these displays. what we are going to see is a huge transition over the next couple of years that will drive a massive change going from lcd to organic led flex

david: melissa? melissa: we have breaking news, house speaker paul ryan saying he can not support or endorse donald trump right now. that was in an interview moments ago with cnn steve mack man, democratic strategist, noelle nikpour, are here to join us. i'm surprised by this the other night reince priebus signaled to the party to get behind donald trump. speaker paul ryan not doing it yet. surprising to you? >> very surprising, after our chairman announces and says we all need to unite. behind the nominee. and when speaker ryan comes out saying that he is not going to endorse our support, do anything of that nature i think that is kind of sending a cross message. so, i don't know. david: steve are you licking your chops? does this sound good to you like the fight continues? >> there is that. there is that aspect to it. look, i think, i think paul ryan is somebody who understands that the republican party has been around for a long time. it is a party of principle. i don't happen to agree with many p

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david: the cover story is about yahoo! with bids being tendered and people are looking at the tenure of marissa mayer's. what is the story about? ellen: the story looks at all the pressure on yahoo! and whether the ceo could have fixed it. yahoo! is an old tech company as silicon valley goes. it has a ton of problems and a lot of its value lies in its stake in alibaba which will probably spun off in one way or another, and there are tax problems associated with doing a full-fledged spinoff. the question is, could she have fixed this company? she has been focused on creating new products, but it has not really made a dent on its problems. yahoo!, atom line is, company with 9000 employees, all of these services, it weighs you and me end our parents get on the internet. company,ne part of the and then there is another part of the company that is a stock portfolio. that stock portfolio, all by itself is actually worth more than the entire market value of yahoo! because there is complicated tax situations and the fact that inve

our 2016ations, freedom award recipient, david mccullough. thank you, david. mr. coleman: thank you. [applause] mr. coleman: in closing, let me say how important it is that as americans we understand and appreciate our common heritage. this is not always the case. the congressional district that i represent in northwest missouri included a small community of excelsior springs. it was in excelsior springs at the elms hotel, to be specific, on election night in november of 1948, to which president harry truman slipped away to avoid the press and the commotion associated with such a close election. as david tells the story in his award-winning book "truman," around 6:30 p.m., the president had a ham and cheese sandwich, and a glass of buttermilk. at 9:00 p.m., he went to bed, believing he had lost the election. onmidnight he awoke, turned the radio to his bed, and heard nbc declare "do we know when or." y the winner. he went back to sleep. later, a secret service agent told the late returns and put them over the top. he had won the election. a few years ago in intere

david: i'm david asman this is "after the bell." donald trump hitting campaign trail hard with rallies in nebraska and oregon. he is expected to take the stage in omaha next hour. trump needs 1237 delegates, why he is telling supporters stay home, save your vote. republican leaders like paul ryan remain reluctant to give him their full support. can trump unite the gop ahead of the convention? >>> weak jobs report for month of april. smallest gain in seven months. guess what? president obama now pointing his finger at congress. melissa: stocks reversing course after the disappointing jobs report to end the day higher. ashley webster at new york stock exchange. ashley, we're up today but not for the week. >> up for the day, you're exactly right, melissa. interesting the job report, all the talk is about monetary policy not only u.s. economy bumbling along as that jobs report showed but also the fed will be worried what is going on overseas. oh, by the way, we have presidential election in november. so maybe we should just stay a step

david stern crockett, a true frontiersman. behind every hero stands a man and behind every legend lies the truth. >> the legend of david crockett is that of a folk hero of the western frontier. a wild man who wrestles bears and kills indians. but the truth is, david crockett is no simple. he's an ambitious man with political aspirations that take him to the nation's capital where he serves his country as the united states congressman. >> wild, untamed, the tennessee frontier is beyond the reach of all but the bravest and hardest of men. frontiersmen, daring, a adventurous and bold. >> i knew that bear wanted to hug me. so i recon here's the chance. >> why did you put down your rifle? >> shoot, corners too close for old betsy. plus, i just do it with a knife. >> it was here that i began to distinguish myself as a hunter. and to lay the foundation for my future greatness. >> now, another time when i was just a cub, i can recall -- >> he's a jokester and remarkably funny and he's affable. people like him. >> 6 or 7 by the creek r

david: last week.t is more likely to happen, because some people have been talking about a bernie-hillary ticket. is that more likely to happen? or more dust ups and things will get nastier? >> i think the latter. i think there will be more sander supporter who push back against the establishment, hillary clinton. i do not think she will reach out and pick him at a vp, she needs help with millennials and young people while he has rallied them. i don't think that the 74-year-old is going to be the vp choice for hillary clinton, but we'll see. >> two senior citizens on the ticket, interesting, brett baier, host of "special report" thank you. >> have a good day. melissa: bad news for hillary clinton is good news for donald trump. it could change media's portrayal of the presumptive nominee, joining me now, howard kurtz host of media buzz, fox news media analyst. a lot of interesting things going on right now in the polls, you wrote a story today, with the new polls that have come out showing donald trump

david: david drucker, "washington examiner." thank you. >> thanks, david. david: melissa. melissa: on other side of the aisle bernie sanders says there will be a contested democratic convention. he said it will be virtually impossible for hillary clinton to win majority of regular delegates, he is not giving up without a fight. >> there are 10 states left. and we have to earn over 50% of those delegates. that is what the importance of indiana is. [cheers and applause] and we're going to fight as hard as we can for every vote. david: her opponent, hillary clinton is in coal country today, choosing to campaign in kentucky and west virginia in she is on her way to west virginia. a lot of folks turned out here to give her an earful about what she thinks about coal companies and coal jobs. she tried to clean that up. she is in favor of putting people back to work. she is in favor of coal mining and should continue on. but she has been trying to walk a fine line if you will. making segue to green energy and future energy jobs. a lot of folks turn out for her visit. they want to

david? david: u.s. navy s.e.a.l.ically killed in iraq yesterday while advising kurdish forces near the city of erbil due to direct fire from islamic state militants. the identity of the s.e.a.l. is 31-year-old charles keating iv, he's the grandson of the man caught up in the s&l collapse. the scene of the attack being described as extremely heavy, extremely intense fire fight between kurdish troops, kurdish peshmerga forces and isis terrorist fighters. keating ran track at university of indiana, later attending naval academy. all flags in home state of arizona are ordered half-mast by order of the governor. melissa: there is a tough road ahead, listen. >> this fight is far from over. we must continue to look for opportunities to do more as we work with our partners in iraq and syria. melissa: carter met with officials from 11 countries to discuss what more can be done to accelerate the military campaign. in both iraq and syria. the u.s. announced plans last month to send more than 400 troops to the region. david: wit

david. david: good stuff. working to unite the republican party, house speaker paul ryan speaking out in d.c. moments ago crediting a gut feeling as reason why he hasn't yet fully embraced donald trump. fox business's peter barnes in disney with the latest. some explanation, right, peter? reporter: paul ryan clearly laying groundwork for upcoming meeting on thursday with donald trump in washington. ryan saying in "wall street journal" interview on facebook this afternoon he wants to have a personal conversation with trump, with the goal of unifying the gop around core principles. and he also revealed that his decision not to back trump immediately after his rival dropped out last, his rivals dropped out last week was a gut call. >> the other point was, a lot of us didn't think it would be ending this quickly. i was getting ready for an open convention as the chair of the convention. so we were preparing for the eventuality of a open convention. at the very least we thought this would go to june 7 in california

david: thanks. the dollars on pace to rise for the third week, the longest .treak of gains in months our next guest says the fed will not tighten too much but will continue to play this cat and mouse game with markets. eric stein joins us. let's start with the minutes out yesterday around this time. surprisingly hawkish, surprising to many that they were so hawkish. did they catch you off guard? little bit. first off, thanks for having me. i think the dead signaled markets that they are trying to increase rates a little bit. not too much, but the fed did not like it to be one way. they are trying to put some probability of a rate hike this year back on the table. david: you said the fed president is trying to open the door for a june hike. janet yellen sounding markedly hearingand we have this yesterday seemingly showing the opposite. had a dovish tone at the march meeting, but at the same time, i think the fed wants to raise rates but do not want to tighten financial conditions too much. in a perfe

david? david: i love that nickname. students at one college are looking for easy way to get straight as it actually has nothing to do with studying hard. >>> tsa administrator facing tough questions on the hill today over long lines but were there any real answers? >> today we face a crisis at our airports, three-hour long security lines, 430 american airlines passengers stranded overnight. more than 3,000 bags failed to get loaded on to planes. this is unacceptable. and it is time for congress to act. if you take multiple medications a dry mouth can be a common side effect. that's why there's biotene. it comes in oral rinse, spray or gel, so there's moisturizing relief for everyone. biotene. for people who suffer from a dry mouth. melissa: peter barnes is standing by on capitol hill with the latest what the fallout from this hearing could mean for the tsa and more importantly, for american travelers. take it away. reporter: hey, melissa, that's right, the lawmakers hammering the head of tsa over toes long lines at airp

david: thank you.es process marches on for yahoo!. a new suitor, at&t. why are they of such interest to the phone giant? that is next area --. ♪ david: this is bloomberg markets. at&t is joining the list of bidders for yahoo!. --will join verizon in the in submitting bids in the next few weeks. shery: emily chang joins us. at&t was reportedly not interested. why did they change the mind? : they think this will help them compete with a. at&t decided to stay out, but they kept their foot in the bidding process. at&t had a stake in y p. bidding for yahoo! and it would have worked as a wide he has dropped its bid altogether. at&t is going into this wholeheartedly. offers in0 initial the range of four to $8 billion. verizon had been considered the front-runner, but verizon's bid was not nearly the highest bid. it is not clear if verizon is the front runner. it is unclear how seriously they are continued -- they are considering at&t's bid. at&t would like to have some of .ahoo! ad tech we heard from yahoo! c

david? david: she keeps moving to the left with bernie. mike emanuel, thank you very much. mike, good to see you. melissa? melissa: oil climbing above 46 bucks, watch this, settling at highest level in more than six months. uh-oh, oil getting a big boost from surprise drop in weekly inventories. this is the ninth straight week of falling supplies. don't want that ahead of the summer. david: no way. new drama in the hillary clinton email investigation. why one of her top aides walked out in the middle of an interview with the fbi. what that means for the ongoing case. melissa: speaker paul ryan has sish reservations about many of donald trump issues. one thing may bring them both together. grover norquist is here with his take. that is a hint. david: bernie sanders putting a dent in clinton's ability to focus on general election. momentum, momentum as sanders is poised for more big wins next week, are democratic elites in panic mode. >> what a significant turn from eight years ago when hillar