. >>> and later, eddie lampert is giving sears a $400 million loan.aren has the fine print on how he could benefit. that's coming up. an unprecedented program arting busithat partners businesses with universities across the state. for better access to talent, cutting edge research, and state of the art facilities. and you pay no taxes for ten years. from biotech in brooklyn, to next gen energy in binghamton, to manufacturing in buffalo... startup-ny has new businesses popping up across the state. see how startup-ny can help your business grow at startup.ny.gov tigers, both of you. tigers? don't be modest. i see how you've been investing. setting long term goals. diversifying. dip! you got our attention. we did? of course. you're type e* well, i have been researching retirement strategies. well that's what type e*s do. welcome home. taking control of your retirement? e*trade gives you the tools and resources to get it right. are you type e*? >>> still ahead, find out why fed chief janet yellen could send shock waves through the market tomorrow. and sea

eddie lampert stands to gain the most. he has the most upside if sears is to bounce back. >> kind of a downside at this point. >> he is lending money on a secured basis. what kind of vote of confidence is that? it's not. >> grade-point. we grew up with sears. it was important part of our history. there is nothing to purchase and sears. >> this comes back to radioshack. zone -- gerona the own -- drone zone. going to create this retailer today, would it have a reason to exist? would you create sears today? it does not have a reason to exist, is the bottom line. >> jules, thank you very much. , presidentcome back obama launches a new overseas offensive, this one against ebola. ♪ >> welcome back to "market makers." the ebola outbreak in west africa is getting worse. today, president obama will announce a major u.s. aid package which will include sending 3000 troops to build new hospitals and train health care workers. is it too little too late? lewis, like to ask brian a researcher at virginia tech and an expert on the thread

another struggling retail borrowing from eddie lampert. the company's ceo and top shareholder.been selling spinning off assets to raise cash as losses mount. an apology from urban outfitters. the retailer was criticized by kent state university for selling a sweatshirt bearing its logo and what appears to be splattered blood. >> oh, my god. >> urban outfitters has hold the item. >> can we get on a senior officer of urban outfitters? >> i don't think anyone is talking. state.ft kent i remember the silence. fred lane with raymond james. back in 1970. kent state was the site of a shooting. hockey game at kent state 24 months after this. the campus still have not recovered. >> people had to sit at a conference table and say here is an idea for a sweatshirt. we will create a sweatshirt like this. >> i understand somebody coming up with a dumb idea. where is the process to vet? toi think they were trying be ironic. maybe someone who did not have a sense of historical perspective. >> in a time when there are shootings in connecticut and colorado and on and on, someone would do this at

are watching is sears -- the struggling retailer borrowing $400,000 from its hedge fund owned by eddie lampertey have been selling off assets to raise funds will stop the money will be used for general purposes. another company we are watching is united airlines. stops down by about an .5% the carrier is offering flight attendants buyouts of the $100,000. the airline is hoping over 2000 employees will take the early exit plan as they look to cut costs. they were the only u.s. airline to post a quarterly loss this year. ♪ welcome back to the second half-hour of bottom line on bloomberg television. thanks for staying with us. time for the commodities report. su keenan joins us now with details. >> good afternoon. a big jump in oil prices today as opec signals that the cutting could be ahead. one trader says that after a recent drop in prices investors were looking for a reason to get back in and this was it. .est texas media rose 2% the entire complex was up on the secretary-general and the fallingoutfit target possibly my hat billion dollars per day in 2015, bringing: -- bringing total daily pr

eddie lampert decided who controls it. decided i'm going to back up the receivables, he is rich enough to do that. the big bet against sears has been made over again. it's not a new idea. >> one will be watching with so many others. we are going to have a lot more on bill gross' unexpected departure from pimco. we may have a comment from mr. gross after the break. know that chasing performance can mean lower returns and fewer choices in retirement. know that proper allocation could help increase returns so you can enjoy that second home sooner. know the right financial planning can help you save for college and retirement. know where you stand with pnc total insight. a new investing and banking experience with personalized guidance and online tools. visit a branch, call or go online today. [b♪ll rings] time and sales data. split-second stats. ♪ its so close to the options floor, you'll bust your brain-box. all on thinkorswim, from td ameritrade. >>> you are watching cnbc "squawk on the street." there the opening bell is ri

>> what's remarkable is so much of the stock is held by two people, by eddie lampert's organization. impact. i think people are saying look, he's the one who's got to keep bailing it out. how long can he keep bailing it out? >> why is this a bailout? >> because obviously they need more money to get from here to there. why else would you do something like this? some people say also, by the way, is there a conflict of interest here in what he's doing because of the way the thing is structured? look. what we know is this. sears -- we knew it from day one. we knew it early on. when they bought k-mart, it's never -- eddie was known and is known as a great money manager. i don't know him, i've never met him, but he's not a retailer. what we've learned is how hard it is to run retail. this thing was going to become a real estate deal. it's not a real estate deal. it hapt been the real estate deal it's supposed to be.sn't b deal it's supposed to be. you go to the shopping center, utc in la hoya, you park at the sears lot when it's crowded. you walk through the very empty, depressing store an

what is eddie lampert doing over there?u what we return. ♪ the my mother made the best toffee in the world. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. i never really thought i would make money doing what i love. we created legalzoom to help people start tir business and launch their dreams. go to legalzoocom today and make your business dream a reality. at legalzoom.com we put the law on your side. liz: number one kid are just now going back to school. summer doesn't technically end until september 22nd but kmart already is thinking about christmas. the retailer this week releasing what appears to be the first holiday ad of the season on youtube but it says, it is not a christmas commercial. after receiving grief about launching holiday ads too early last year. the ad's front woman hints at holiday theme but is careful not to mention christmas. listen. you decide. >> let's say you have a even

shares of the retailer dropping after tapping billionaire boss eddie lampert for a 400 million-dollaroan. i would like to get the loan. sears says it needs the cash to take it through the holiday season. yikes!. shareholders not taking that as a good sign. that's shocking! lampert is feeling it more than most. he has 25 million shares in sears. quick math, do it real quick. he lost 67 million bucks. that hurts. also losing money, minnesota vikings. rad disson pulled all sponsorship because of child abuse allegations against adrian peterson. rad disson said they need time to reevaluate all the facts. that is the name behind the picture. they don't like it. the restaurant that received 20-cent tip from lesh shown mccoy. the receipt is on ebay. where bidding started, to 20 cents. it is up to 100,000 bucks. the money is shared among all the employees. that is a good idea. melissa: devastating megadrought putting a crimp on california's economy putting a agriculture in serious jeopardy. water is hard to come by leaving farmers in financial straits to find solutions. we have the deputy gene

sears is getting a $400 million short-term loan from the hedge fund run by its ceo, eddie lampert.will end the struggling retailer the money for general corporate purposes. sears has been spinning off assets to raise cash. it is 26 minutes past the hour which means bloomberg television is "on the markets." equity futures are slightly lower and have been over the last several sessions. the fed begins the first of policy meeting and we will watch for any change in language by the fed. we are "on the markets" again in 30 minutes. years ago, you had your staple grocery store and you did not think about going anywhere else. new data shows the grocery game is changing. according to a recent study, we are seeing major shifts in the way consumers are buying their food. companies are reacting. whole foods announced it would test a rewards program in hopes of retaining its customer base. that's another step towards coupons at whole foods? we shall see. we are sort of splitting our grocery dollars, right? are, gone are the days of the one-stop shop. shopping is becoming highly fragmented and

i started the same day as eddie lampert did at goldman sachs.ie has got a problem on his hands which is that every other company has decided they are going to kill sears. it's part of your operating plant, let's kill sears. >> to be fair, it has not helped itself. >> no. i don't want to touch the stock. it's so heavily short it's even where it is. i think people forget what retail is like. i remember because my mother worked at lidzt and my father worked at gimbel's. those were it. those were sears. gimbel's is when we think about santa claus, macy's versus gi gimbel's. >> don't want to get too negative. tesla is the stock unlike go pro, tesla bounces. i would prefer you to buy microsoft. the fundamentals are really good. tesla is a wonder stock. that's when people are done saying that the market is over. they come back to tesla. >> what did you make of the morgan stanley argument that there is a reason their rivals are not jumping into electric vehicles? they don't sound convinced that this is really the technology, necessarily. that tesla can