jaden schwartz, vladimir tarasenko and david backes up front. through the center zone. irk off johnny oduya. goligoski gets to it for dallas along the boards. by backes. they kill time early. alexander steen in back of his goaltender. about two minutes gone in overtime. steen out to center. on the flank. moved along by shattenkirk. goligoski gets to it first. they jam for it. oduya perped ee ee eed by brou. cleaned up by antoine roussel. more time killed. steen will start again. just about a minute left on the power play. robby fabbri over the line. brouwer at his side. benn got to it. out of the zone. ran away by kris russell. brian elliott now across. set it up parayko for alex pietrangelo. through center. they gain entry. he'll cut. tarasenko right on niemi and he recovers! he got a cross! loose in the crease! it kicks out. shot by stastny, blocked in front, going down with sceviour! now tarasenko. pietrangelo. colton parayko looks it over. calling for it, alex pietrangelo going wide. the outside they set it up. stastny. pietrangelo with a shot. stopped by niemi. >> p

jaden schwartz, vladimir tarasenko and david backes up front. through the center zone. irk off johnny oduya. goligoski gets to it for dallas along the boards. by backes. they kill time early. alexander steen in back of his goaltender. about two minutes gone in overtime. steen out to center. on the flank. moved along by shattenkirk. goligoski gets to it first. they jam for it. oduya perped ee ed cleaned up by antoine roussel. more time killed. steen will start again. just about a minute left on the power play. robby fabbri over the line. brouwer at his side. benn got to it. out of the zone. ran away by kris russell. brian elliott now across. set it up parayko for alex pietrangelo. through center. they gain entry. he'll cut. tarasenko right on niemi and he recovers! he got a cross! loose in the crease! it kicks out. shot by stastny, blocked in front, going down with sceviour! now tarasenko. pietrangelo. colton parayko looks it over. calling for it, alex pietrangelo going wide. the outside they set it up. stastny. pietrangelo with a shot. stopped by niemi. >> pierre: watch

david: the 1% goes to war over a prime piece of real estate in hawaii. and hollywood bringing backd villain, wall street. ♪ ♪ david: welcome back. lifestyles of the rich, richer and richest are clashing on a resort on hawaii's gold coast. to theassar and i spoke reporter, bob. bob: the northwest corner is the gold coast, and that is where they built all the great resorts. starting around 1965 when laurence rockefeller built one. then the class of the field is to qualify. if they four seasons hotel and also residential community which means there is just enough density to support something like four or five great restaurants and five huge great swimming pools. and all sorts of other wonderful amenities. carol: and it is expensive? to buy into it, right? bob: if you want to stay at the hotel, it starts at $1000 a night. if you want to buy something there, it's millions of dollars. the nicest places are owned by hedge fund folks and captains of industry. something has happened lately that has made as people feel very small. that is that they have been hit by a policy that is keeping t

the billboard music awards, live sunday may 22nd, 8/5 pacific, only on abc. ♪ david: welcome back to inessweek." 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. --m 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 for a while, steam 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. 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 could be a big problem for crimi

david: all of that ahead on "bloomberg businessweek." ♪ ♪ carol: welcome back to "bloomberg businessweekar. david: i am david gura. you can also listen on bloomberg radio, serious xm channel 119. carol: and the features section this week is a profile of martha beck. have you heard of her? david: she is the life coaches life coach. carol: she is the ultimate. she has written books, had had seminars, met with oprah. i have heard about life coaches but it feels like they are becoming a little bit more legitimate. david: there is something barely -- very california. it starts with her at a conference training other life coaches. she makes millions of dollars a year doing this. carol: there are about 41,000 around the world and they are bringing in about $2 billion in revenue. there is really a lot of people catching on to it. there is something about an "integrity cleanse." integrity check. you were kind of true to yourself. the writer who wrote the story went to the conference and she had amoment in the story. it was kind of interesting. david: one of the ways hillary clinton plans to get t

that's up next on "bloomberg businessweek." ♪ ♪ david: welcome back to "bloomberg businessweek." can listen to "bloomberg businessweek" on sirius xm channel 119. david: why some companies listed in the u.s. are finding it difficult to return home. >> these chinese companies are losing value here. they think they are not well understood by wall street investors. last year you saw a rally on china's mainland stock market. every thing but so attractive to people think they can make more money and valuations in the exchanges are much higher than what they get here. carol: what are they doing specifically? bonnie: so basically, they have a whole bunch of management executives that are buying back their own shares. but they are trying to do is a list in the u.s. market in and try to sell shares back in shanghai locally. david: a lot of people don't understand what they do here in the states. give us a sense of what these commodities are and how they operate. bonnie: mostly our internet technology related chinese companies so we have got momo, a dating app like tinder, and a second larg

david: martha backs life coaching industry. rol: the united states postal service looking for a lifeline. david: what is james murdoch have planned for just national geographic? carol: it is all ahead on bloomberg businessweek. ♪ david: we are here with alan politic, editor of bloomberg businessweek -- ellen politic. >> i just want to do a check on how you are doing. david: there is a story here in the global economic session -- section about australia being much less inviting. >> a lot of chinese people are trying to get their money out of china and they are buying real estate in the u.s. and also in australia. the housing market in australia is pretty tight, prices are going up. david: it is a hot market. not happyians are about that and they are putting in place all kinds of rules that makes it hard for them to buy. carol: the banks are pushing back. rolesy are changing their so they are not lending as much to the chinese, and so does the government. the government has a role chinese are not supposed to buy pre-existing homes

david: shares much williams-sonoma is jumping up 4% after hours. let's go backo laureate the stocks exchange. what is moving the stock, lori? >> great numbers, david. williams-sonoma beatings on top of bottom line. 53 cents. pretty much in line, a tick above really all needed to launch the stock up. at one point up 7.6% in the extended session. also helping williams-sonoma the company said it is on track to deliver near and longer-term goals. that is williams-sonoma for the second quarter. back to you. david: good stuff, melissa? melissa: growing concerns on capitol hill. experts warning the obama administration is going and above the nuclear deal to -- sparking concern that the country is black mailing the white house to get further concessions. that is from the "washington free beacon" and testimony on capitol hill. we have christian whiten. former state department. thanks for joining us. this was a nuclear expert in front of the senate banking committee talking about the obama administration efforts to boost iran's economy and resurrect the financial sector w

right here on 6abc. >>> david back with a check of the accuweather forecast. you saw that live picture from atlantic city. looks a little gray now. >> reporter: a little gray, we had sun early we expected the clouds to take over during the day, and that has happened. it's dry in most neighborhoods and very mild. starting the story with the rain down south. let me give you the two mentional view. there's a decent shower coming out of queen an. anne, and easton. cape may picking up a sprinkle. most of the showers will be in these areas andy won't last all -- and won't last all day. as we look outside, the cloud cover is over the commodor barry bridge, but dry in chester and philadelphia and across the region. frontal boundary today is just too far south to trigger showers very much farther north than what we showed you. forecast for today, it's going to be mild. despite the increase in clouds we'll get into the low 70s in most neighborhoods. not bad. tomorrow, cooler in the low 60s in most neighborhoods, at times it will be damp. we'll show you that in a second

people still love the "american psycho." ♪ ♪ david: welcome back. i am david gura.i am carol massar. a look at the rise and fall and future of zenefits. david: the company that automates payroll for businesses. carol: members allegedly sold insurance without a license. >> it is part of as a turbotax for human resources, so it is a program that automates everything from health insurance, payroll, vacation requests and it is a one-stop shop for businesses to manage the company. carol: it caught the attention of venture capitalists and became a pretty good size and it has worked its way to about $4.5 billion. that is not kind of where it is today. tell the tale a little bit of zenefits. >> zenefits makes most money to commission that insurance companies pay when they sell an insurance plan. traditionally, insurance brokers are the name of the people who did this and this is the software version and it piggybacks on the old-style industries so silicon valley loves that. the problem is it is highly regulated. every state has an insurance -- carol: with good reason. >> ye

day in a few days, memorial day weekend because that kicks off the official summer travel season, david. backo you. david: understaffed but i would also say inefficient. there is lot of inefficiency going on as well. matt, thank you very much. melissa? melissa: pay raise for 4.2 million americans. white house extending overtime pay to anyone earning over $47,000 a year. >> it goes to the heart of what the president and i my two colleagues believe is defining issue of our time. and that is, restoring and expanding the middle class. it is not just about fairness. it is about stability, social and political stability. melissa: hmmm. business groups fought hard against the change saying companies will be forced to cut wages and warn that the new rule may slow down hiring. that is how that works. david: we're getting back to donald trump when we come back. giving voters another preview of a trump presidency with his supreme court picks. >> chaos on the other side of the aisle is here to stay. sanders is vowing to stay in the race as the party's leadership braces for more violent protest protests -

call senator toomey and tell him to put the constitution before his politics. >>> david back with another check of the accuweather forecast. and the gray skies are back as well. stormtracker 6 live double scan shows you we are not exactly totally dry either. although what are you looking at here is fairly light nuisance rain as i give you the two dimensional view. most of it is highlighted in the shades of green. it's drizzle or light rain, every now and then you see a darker cell south of pottstown and that will bother you for a couple of minutes with steadier rain or getting your windshield wiper going. and darker shades of green in cumberland county, but this doesn't look like all that much and as we go out wider it looks like this is pushing towards the east and we'll get into a lull before too much longer. as we look outside we have the spring pansies, sara was telling me. >> she looked them up on her smart phone. the flours are looking good and the cloud cover socking them in. winds are out of the east at 6 miles per hour. not expected to get all that strong and it's cool enough for

david: all that is ahead. businessweek." ♪ ♪ carol: welcome back. d: this week's feature section, an investigation as to what brought down lab m d. carol hacking was involved and -- wasl: and yes, hacking involved and we spoke to the editor about the man who led the fight. >> it was a small business doing medical testing for urologists specifically and a loss at all when his business was hacked and the hackers tried to sell him protection from people like them. carol: nice of them. >> he declined to buy their protection and the hackers turned him into the ftc which try to make an example of him. david: he fought back against that and that's with rare about his story. the ftc in terms of what it requires, it's onerous. many others were just settle -- would have just settled, flat-out. >> every other company caught in similar things did so. there are 60 cases in which the ftc brings these data privacy cases in. it's an extension of a businesses obligation under hipaa. in every other instance, the business did the math and decided it made more sense to

david: when i came back from i was there for a little more than two years. i had come back after i won the pulitzer. i had been in vietnam for a year and a half before going to the states. all i wanted to do was turn around and come back. . was not comfortable it was as if the war wasn't going on. kept looking around, why weren't people more concerned about this? it was really uncomfortable for me. the only people who had empathy for what i was going through, that was it. and -- i went back. down -- as the war bind the war wind down, i came back and one thing led to another. i became president ford wash white house photographer. ford's white house photographer. trip to see if there was anything that could be done to try to stem the tide of advancing north vietnamese. starting to move south. individually i went through several places. air america flew me there. the place was totally surrounded. couldn't get in until you had a special aircraft. he said he would take me over there. next time i'm going first class. i saw what was happening and the president want

. >>> david back with a check of accuweather forecast. the rain is back as well. live double scan shows it to you now and half the region is covered by this in philadelphia it's fairly light rain so far. and every now and then a darker shade of green gets mixed in and it's enough to make the roads wet and a blip of yellow around too. it's all moving in from the west kind of pushing to the east, even the northern suburbs, a chance of avoiding a lot of this, might pick up a period of light to moderate rain, if we go farther to the south, there are heavier cells highlighted in yellow that scoot through and we are looking at atlantic county with a blip in newark and we'll leave you with the wide view and there is drying to the west and we'll get into less precipitation this afternoon. as we look outside we have cloudy skies on the action cam, there is wilmington delaware and the clouds ahead of the rain were quick this morning. and now thicker with the rain on the doorstep and perhaps already falling in your neighborhood. the temperature is 60 degrees and winds out of

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

we have resources at 6abc.com. >>> david back with another check of the accuweather forecast. and things are improving. >> they are, we are starting to see holes in the clouds, every now and then sun is poking its head out from behind the clouds. looking at stormtracker 6 live double scan it's basically dry across the region and i'll zoom in west of the area and a hint of showers coming out of harrisburg and this stuff tended to break apart as it got into lancaster and berks county and that may be the case again here, but there are showers to the west and some of you may pick up a little bit of that this afternoon. as we look outside, we have chopper 6 hd taking a look at the ben franklin bridge earlier. the clouds were winning the day overall and thinning out here and there and letting the sun through. we have clouds in play. tomorrow we'll get nor sun back in and by friday lots of sun and with the improvement in sky cover comes an improvement in temperatures. 62 degrees is your current temperature in philadelphia, winds out of the east at 12 miles per hour. not all that stro

that is ahead on "bloomberg businessweek." ♪ ♪ david: welcome back to "bloomberg businessweek." . carol: and i'm carol massar. you can find us on radio, on sirius xm channel 119. david: also in new york on bloomberg 1130, boston 1200, washington, dc 991, and bay area 960. in this week's feature section, a look at the wave machine designed by surfing legend kelly slater. carol: could it make the sport mainstream? we talked to reporter josh dean. josh: there has always been a quest for an artificial wave that was more or less like what the pros experience in the ocean. there have been a lot of tries and there are wave pools around the world, but nothing that really felt to professionals -- carol: go back to december, he posts the video on youtube, kelly slater. what was that video? josh: he posted a teaser on his instagram feed first, which was him, a shot of this perfect wave, and then it cuts to him looking extremely happy, jumping up and down. and then you see him on this wave and then it is revealed this is an artificial wave. i think his voiceover says this is the greatest man

. ♪ the sun will come out tomorrow ♪ >> oh boy. >>> david back withther check of the accuweather forecast. this check is yet again gray. >> it is. stormtracker 6 live double scan shows us that most of us will not have it. i am giving you a look at the eastern shore of maryland getting ready to pull into chestertown and dover and smyrna. and later this afternoon into the evening hours there is a possibility of showers. mainly in the area i am showing you on the map some of it could get as far north as philadelphia. as we look outside, we have mostly cloudy skies every now and then the sky gets brirter and the sun looks like it's trying to break through. the farther east you are through the region up towards northampton county and mercer county, the better chance of seeing sunshine but the clouds are generally winning out today. 69 degrees is your official temperature, and wins from the west is not all that strong just 3 miles per hour. satellite and radar shows you clouds socking us in the farther north and east you go the better chance of seeing sunsh

i am mark crumpton, david, back to you. david: still ahead on "bloomberg markets," was driving today's decline in oil prices? that's coming up on "bloomberg markets." ♪ david: this is bloomberg markets, i'm david gura. time for the bloomberg business flash. american express is putting more money to track card molders -- tracking cardholders. amex is working with a sense of urgency to cheap improved results. it's trying to achieve its worst slot -- stock slump. they have todering be, for 72 hours starting today. the company field comply to an order to turn over data in a criminal investigation. the parent of usa today is stepping up its takeover fight for tribune publishing, saying it will withhold votes for eight nominees to the company's board. was$815 million offer unsuccessful. tribune owns the chicago tribune and the los angeles times. and that is the bloomberg business flash. julie hyman has a check on the latest. julie: we see a little bit of a recovery after last week's declines in with the steepest since february. m

david, back to you. david: more from that conference later today.lobal head of commodity research and goldman sachs is coming up at 4:30 p.m. eastern time. why are voters all over the world angry? triesairman of lack rock to answer that question in an exclusive interview. all the major indexes down more than a percent. the s&p basically flat for the year. ♪ david: this is bloomberg markets. time now for the bloomberg is as flash, a look at the biggest business stories in the news right now. the california grand jury has indicted a high plane company. than 100,000ore talents of oil along the santa barbara code -- santa barbara coast. isrterbacks management pressing planned or -- pandora for sale. they say they have not been able to boost sales but -- despite having a great product. women typically earn less than men but the pay gap is worse for highly educated women. analysisreet journal found women in elite jobs earn much less than men. its widest among doctors and personal financial advisors. that is your business flash of eight. about a month ago,

that is ahead on "bloomberg businessweek." ♪ david: welcome back to "bloomberg businessweek." an find us on radio, on sirius xm channel 119. david: also in new york boston , 1200, washington, dc 991, and bay area 960. a look at the wave machine designed by surfing legend kelly slater. carol: could it make the sport mainstream? >> there has been a quest for an artificial wave that was more or less like what the pros experience in the ocean. there have been a lot of tries and there are wave pools around the world, but nothing that fell to professionals. carol: in december, he posts the video on youtube, kelly slater. what was that video? >> he posted a teaser on his instagram feet first, which was him, a shot of this perfect wave, and then it cuts to him looking extremely happy, jumping up and down. you see him on this wave and it is revealed this is an artificial wave. his voiceover says this is the greatest man-made wave ever made. turns out it is his wave. for the last 10 years, he has been working with a company and a team of scientists on a wave that looks like an ocean wave

david: >> they are going to do list in the u.s. market and try to sell shares back locally. david: you mention a lot of people do not know what these companies are. give us a sense of what they are

back to you. melissa: wow. david. david: back to politics.illary clinton email scandal involving the aide who set up her private email server. the state department told rnc suing for emails it can't find any emails to or from clinton's aide bryan pagliano during her term as secretary of state. again he set up the private server. catherine herridge with details. >> thank you, david. bryan pagliano who set up and ran her personal email server, late last year cut immunity deal with the justice department, apparently left no paper trail from days working for secretary clinton. state department spokeswoman read from prepared statement today describing the missing data files known as a pst. >> the department has searched mr. pagliano's email pst file and has not located one that covers the time period of secretary clinton's tenure. the absence of this email file however does not indicate that the department has no emails sent or received by him. reporter: pagliano was a political appointee and according to emails just released by the federal courts

this game went to overtime and the captain of the blues, david backes wins it.jumped out of the way of a slapshot, watch him up in the air. wee! he just happened to turn around. the puck off his blade and just brushes it in, and the blues have evened the series at one. game three tuesday night in st. louis. >> and nevada, missouri, as well. good morning there. >> we covered the entire country. it's up to you to do the best. >> we'll do our best. >>> looked like a nascar demolition derby at tallahassee on sunday. 35 race cars were involved in accidents of some kind. >> okay, so there were some minor wrecks in the early going, but the big ones came in the final laps. one involved 21 cars. another with a dozen of them. and as brad keselowski won the race, there was another in the back of the pack. >>> up next in "the pulse," what's next for malia obama? she's been doing some life planning, and we've got the details. >>> plus, a new look at the youngest british royal. happy birthday, princess charlotte. the photos released overnight. released overnight. to escape th

shery: warren buffett getting money back from his investment kraft-heinz. davidgiammona covers consumer companies. craig: this goes back to when the private equity firm got together with buffett to take heinz private in 2013. a great investment at a time when he struggled to find places to put his gas. this all goes back to taking heinz private. raft gets with buffett to take over heinz. it is a big deal for the company. they are paying much less on the , they beat estimates in the last two quarters. they face the same problems other food companies face. krafttried to update and are now cheese making organic capri sun. they will make the bottom line look better. can they sell more? hopefully this will free up some cash to allow them to do that. david: there's been huge consolidation. craig: there has. there is more coming. ,he model at 3g has been buy take two years to digest and buy by again -- and then again. when bill ackman took a stake in leaves -- m-- mondo delez, there were discussions. tell us about how the company has evolved since the merger. craig: the

david: i can't wait. back to a selloff of wall street stocks, hit by a slew of disappointing earnings from macy's fossil, and big one we brought you yesterday, disney. the dow ending the day down 200 points. erasing nearly all of yesterday's gains. only one dow stock ended the day in the green. that was microsoft. melissa: after trump goes to washington, sorry about that the presumptive gop nominee is preparing for a crucial meeting with paul ryan and republican leaders in d.c. that's tomorrow. fox business's blake burman is here with the latest. i can imagine there is a lot of anticipation, blake. reporter: there will be a lot of reporters staked outside of the republican national committee. we can guarranty that tomorrow. good afternoon to you. paul ryan doesn't want to pretend that republicans are unifying behind donald trump right now. it is uncertain if that could change tomorrow. ryan and trump as i mentioned are set to meet here in washington at rnc the house speaker yet to endorse trump said earlier to

shery, david, back to you. starting with oil, oil dropped for a fourth day. settling at $48.11.y work to reduce operations. shery: gold dropping half of 1% today. they laid the groundwork for a great rise in june or july in speeches. take a look at iron ore prices. rising inventories in china spurred concerns of global supplies topping demand. the hamilton project centers on a new proposal by alan blinder. now a professor at princeton. with helicopter money in the fed 's next rate decision. is deepe recession enough and long enough, especially deep enough, the federal reserve and other central banks can run out of .heir main weapon here in america that's the federal funds rate. then they have to look elsewhere. two things haven't learned. the central bank does not out of ammunition at that point. they can still fight a recession , but it is using weaker instruments than it normally has . at its disposal. david: how we given instrument is a negative rate, as you see it? of all, we haven't used them. it's america. every short-term money market is a bit different. i have been an ad

back to you guys. >> that announcement up at the top of the hour. you can watch it live and get the reaction straight ahead. >>> david culver back with you from the livee have breaking news to bring you at this hour. the justice department is now weighing in on north carolina's controversial law. the department says that the law limiting the rights to lgbt community violates federal civil rights laws. now the agency put north carolina's governor pat mccory on notice. state officials must confirm by monday they will not comply with or implement what's known as house bill 2. if the state refuses, they risk losing hundreds of millions of dollars in federal education funding. at the live desk, i'm david culver. >>> oh, we are so close, so close to the streak of, yeah, the wet, soggy, dreary days we needed the rain. now we've got it. but this has just been ongoing and ongoing. we had two distinct areas free of showers. you can see this here just around areas of 66 headed to broad run, gainesville in the next couple of minutes. then eventually toward weaverville as well. this is really slow moving, only about 10 miles per hour. your future weather here by 9

david: we want to go back to the egyptair story.rging on the disappearance of the flight. we will go to cairo, our north africa bureau chief on the phone. please bring us up to speed on the developments. >> there is a little bit of progress. they have located some degree 190 miles of the coast of alexandria, which they are saying is part of the missing airline. -- the aircraft. they have not clarified what they found. but it, this is a step forward in terms of something can oso to show that the plane went down in that area. were struck yesterday in the press conference that was given that the egyptian authorities were fairly quick to allow the possibility of terrorism to affect this aircraft, unlike what happened when the russian aircraft went down. is it any further development on what the egyptians are saying about the possibility of a terrorist attack? >> they are careful to say they are leaving all options open. the minister of the aviation said it is a stronger likelihood of terrorism than mechanical failure. barring any actual

melissa, david, back to you. melissa: blake, when they kept saying the deal included 24/7 instant access inspections of the nuclear facilities we all knew that wasn't true and pushed back on that. like one of those lies, if you like your doctor, keep your doctor or plan. that is one of the things that come forward. go ahead. reporter: there was video of that in the hearing today, taking clips from that very moment over playing it over and over again. rhodes not there to answer to it though. melissa: it was a lie. blake, thank you so much. 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 c

. >> but long time northern virginia david ramadan, who also backed cruz, told julie carey, trump is not conservative and he would never vote for him. >> with heavy heart, i suspended my membership of the republican party. and i will not participate in anything republican for as long as donald trump is on the helm. >> tom sherwood, news 4. >>> other news tonight, a dozen students were suspended for a year. some apparents in culpepper, virginia, are worried they're facing extreme punishments. bureau reporter shows us how the fellow students are taking action. >> this says no 365. >> the colorful bands on her wrist show her support >> the tension in the school is extreme right now and i know one of the moms described it kind of as a witch hunt and that's how we feel. >> the students suspended she says because of allegations of locker room misconduct, not

david: this first started back of the financial crisis. we've had movies made not long after that. the wolf of wall street, the big short a string of movies. , >> this is the latest in those , and we are starting to get into the phase of these as they are formulas. we are seeing another one this summer with breaking bad being positioned as the female-driven

northern virginia conservative david ramadan, has strongly backed ted cruz, until cruz dropped out. >> a knife in my side. the air just literally came out of my lungs, and i felt that my 26 years of activism in the republican party went down the drain. >> he said trump is no conservative, and he will never vote for him. >> with heavy heart, i suspended my membership of the republican party, and i will not participate in anything republican for as long as donald trump is on the helm. >> virginia, like ohio and or ground state this fall. jim and wendy. >> thank you, doug. >>> turning to the weather now and i think we got a glimpse of the sun today. will it stick with us for a bit or come back tomorrow. >> i lost my sunglasses, doug. >> let's think about this. yeah, okay, you need to buy more for tomorrow. >> i would love to. >> but guys, you know, it's

david: all that ahead on "bloomberg businessweek." ♪ carol: welcome back to "bloomberg businessweek." am carol massar. david: i'm david gura. a look at alaska. it has so long relied on oil. the price of oil has gone down so much lately that it has left the state in bad shape and they are running out of oil. carol: it is amazing to think about alaska that has had so much money coming into the state and now it has a $4 billion deficit, so they are thinking of measures they have never thought about. things like income tax, and they are trying to get it to legislature. david: the governor of the state has rand plans on what to do it this date and unable to do any of that because of how dire the situation is there right now. they're talking about putting taxes on oil companies that have paid small taxes for a long time. 2rol: we talked about the billion barrels of oil coming out at a day, but that has come to the end of the lifecycle. david: it will be interesting to see what happens under the leadership of the walker. look at exxon mobil, which lost its aaa credit rating since the great d

first period, blues power play, the captain, david backes redirected in for the third goal of the playoffsblues up 1-0 on their home ice. but 34 seconds later, the sharks respond. and it's in. that's his third goal of the playoffs. game tied at 1. to the second period, burns turns it over. youri, blues get game one by a final of 2-1. >> they're a good team. they find ways to win. >> we feel good. we got it going a little bit. had some chances, made some big saves for them. had some chances at the end. we feel good, obviously, the goal is to win, too. but if we can pull one out here, that's the goal. and excited to play again. >>> giants looking for the sweep in arizona. bottom of the ninth, casilla in to close it out. ricky weeks grounds one to second, but weeks is called safe at first. so the game is tied at 2. however, they would review it. what about belt at first? they took a long look, and the umpire still got it wrong. another ump said wait a minute, man, we told you double play. and he says, i got it, i got it. that means the giants win their fifth consecutive game. they burst the b

david backes and joe thornton. both guys grabbing each other's beards. joe saying mine is bigger. s like mine's growing. >> jimmy: yeah. that's sort of how i imagine lumberjacks saying hello. "hey, how's it going." [ laughter and applause ] pull each others beards. >> brawny! >> jimmy: oh, this is nice here. i saw that carolina panthers quarterback cam newton will star in a new nickelodeon show helping kids achieve their lifelong dreams. or, almost achieve their lifelong dreams but then blow it when the pressure's on. [ audience oohs ] [ laughter and applause ] >> steve: oh, hey. oh. >> jimmy: you know you liked that one. [ laughter ] hey, guys, i saw "the angry birds movie" comes out this weekend. yeah, they're saying the birds in the movie are angry because, mostly because the movie didn't come out two years ago. [ laughter and applause ] >> steve: really? really? [ light laughter ] >> jimmy: check this out. next "star wars" movie currently filming in ireland. you can tell they're filming "star wars" in ireland when darth vader is, "luke, i am your father and her father and his f

back to you. david: let's go back to the milken institute will conference in los angeles. my colleague eric is standing by. thank you, once again, cliff, nice to see you. i can't resist but begin by talking about hedge funds. first of all, you are on a hedge fund anil today with neil chriss who is just year. days, sand several low and warren buffett have been meeting up in the industry. what is your view? cliff: we started beating up on the industry 15 years ago. we wrote a piece -- i got yelled at every hedge fund manager. i was young once, i was young when i wrote this. it was called the hedge fund pledge, they are too correlated to markets. they move with the market is too much. and they charge too much. so they called me to yell at me, sorry, sorry. now i lean the other way to little bit. i still believe they are too correlated, they charge too much. but people are turning to negative. take warren buffett, he has a famous debt, hedge fund portfolio against him. he is winning, and he is smart. but that is whether the stock market will go up. hedge funds don't hedge as m

that same david back us who was duging on joe thornton redirected shot st. louis in front one nothing on the power play goal. took the sharks exactly 4 seconds to get even. a crazy sequence at brent burns slapshot is redirected by joe pavelski and off the skate. thomas hurdle and into the net. slow it down you get a much better picture of the pin balling puck. haas burn jones would like to have back. burns will turn it over in the news central season. la terra puts the blues in front 2-1. battle of the goalie elliott made 31 stays 21 for jones. st. holds on for the 2-1 win. >> it wasn't an a plus game for us but i thought we got better takes game went on and we had some opportunities to score more than the one we got. we've got to catch in. this time of year you're not going to win games with one goal. i think the goals were there tonight we just didn't stick them in. >> game 2 of that series tuesday night again at st. louis at the sharks will try to earn a split before they come to san why for games 3 and 4. and the sharks are fining themselves behind in a

. >>> david is back, but he's not alone. brought along my nemesis, the rubiks cube. >> can't believe these things are still a thing. >> because nobody can solve them. >> but he can. >> i'm going to ask people if they can help me solve my rubiks cube by rubbing my head. >> this might be the reason i constantly fail. apparently, it works quite well. >> watch, right. stop. what you did, the rubbing actually helped me solve this. let's see, ready? here we go. >> what? >> nowhere close to being completed. >> and then he went -- here. >> he rubbed his head for luck. >> i just shaved it. go ahead and do it real quick. just couple moves. okay. boom. got it. watch this. one, two, three, four, five, six, there we go. >> don't take your eyes off the cube. it happens like that. >> pretend to massage -- don't massage my head, but pretend to massage it. you're actually giving me the move. you said three minutes? watch this. here we go. >> oh, man. >> no. >> he dislike -- that's all he does -- >> is this a trick cube? >> maybe. >> i feel -

david: and the machines that may be someday be running the world's central banks. carol: all of that ahead on "bloomberg businessweek." ♪ ♪ carol: welcome backberg businessweek." david: this week's global economic section, how advances in artificial intelligence could make janet yellen have to look for a new job soon. carol: well, maybe not soon, but ai is not just being applied to manufacturing anymore. >> machine learning is the dominant subfield in artificial intelligence. it refers to the technology that allows a computer to acquire knowledge or skills without being explicitly programmed for that skill. carol: we see amazon and netflix already doing this. right? amazon has their algorithms. analyzing what we are doing in terms of purchasing. maybe they can suggest something that we may be likely to buy. netflix does it with movies. right? >> that's right. when you go on netflix and ask for recommendations, they are applying machine learning to everything it knows about you and people like you to make a prediction about what kind of movie you might want to see. carol: financial firms are doing the same thing in terms of its predictive abi

. >> kenny: saw david backes on the bench. he has not played since the first period. >> pierre: steen has gone to the dressing room. this was a good job by the officials. face-off outside. all of the san jose players came down in the offensive zone to join that skirmish. good job by the officials there, getting it right. >> kenny: the referees, michel cormier, steve miller, the linesmen, gord dwyer, dan o'halloran, the referees. and the blues ice the puck. >> pierre: by the way, colton parayko, kenny and joe, just graduated from the university of alaska, business administration. he took one of his finals before a game against the minnesota wild. >> kenny: wow. >> pierre: amazing. what an amazing kid he is. >> joe: he really is. talk about talent. and coming on to the scene, and surprising everyone. >> pierre: he has a chance to be like shea weber. >> joe: wow. 6'6", 230 pounds. >> pierre: and can skate and rifle the puck. and he can probably be his own agent. >> kenny: perhaps that is in his future. >> joe: he said when he was