and berkshire hathaway also owns a big stake in kraft heinz. today buffett played down speculation that kraft-heinz could buy the snack food giant monthelies. many it as a takeover target. late today kraft foods and heinz posted lower sales during the quarter leading up to their merger and that sent shares lower initially in after-hours trading. >>> joining us now is someone who has interviewed and covered warren buffett for many years and she's a familiar face to all of us and we're delighted to have susie gharib in the house, senior special correspondent at fortune. good to see you. >> good to see you. >> come on. >> any time. >> listen, is this classic buffett? >> really classic buffett. you put your finger right on it. he buys companies that are undervalued, sometimes unloved, unglamorous, and that where the stock may be out of favor. he bought a company that's undervalued and he's hoping over the long-term, like you said, the 100 years that it's going to see a value. the other thing is kind of unglamorous. he's joining a company that's rig

there's heinz, there's craft.ill there be mondelez as well. >> it would be nice if they retired that name, mondelez. god knows where they got that name. >> nelson pletz himself said that it was the worst name ever. >> in the world. >> and don't forget tying it all together here, remember just last month ackman and peltz were on stage together with cramer at delivering alpha. >> we'll have much more straight ahead. >> i'm sure they never collude or anything. disney apple and tesla caught in the downdraft. is there more pain ahead with more companies set to report? that's coming up next on squawk box. nsh xçó0 . >>> welcome back to squawk box. nearing the end of another busy week on wall street for earnings. so far the growth rate coming in better than expected with health care, telecom financials leading the stock that have reported so far. 47% have gone down following their report. >> have we ever said something has not come in better than analysts expected? i'm ready to blame the analysts now. >> just now? >> you

but not one for heinz.nd, again, the company reporting still those two segments rather than together. the quote from the ceo basically just says they are going through the difficult and challenging process of integrating our two businesses. that's from the kraft heinz ceo. that's what we have for right now. we have a lot of digging to do through these results and what it means for the company as one entity. >> this is just a mess. >> if they're admitting it, that's amazing. >> because the deal didn't close till early july. this is a major endeavor, combining these two food giants. and the stock hasn't risen this much as a result of this quarter. nobody was really looking at these numbers. this is a bet on 3g capital, an warren buffett, and on a bigger international player in the food space. they're not even holding a conference call today. that's going to be on friday as the 3g folks come in and start to execute on this. it's interesting with kraft heinz, they're breaking these down as two separate companie

kraft heinz is not giving guidance. almost $100 billion company. heinz was private.as not a ton of public information there. it is very difficult to model that out. the investors are in a profit -- a tough spot. michael: you really have to trust in the genius. stephanie: [indiscernible] companies,es to tech investors trust us right, left, and center. if bill ackman says they are geniuses, i don't know. they are in a sales tailspin. how quickly can they cut costs to balance out the weakening demand for the product, not just on the heinz side. michael: that is an important question. we need to step back. if you look at burger king, the first three years were really all about cutting costs and laying the foundation for the new company, the new vision that they had for the company. in year four, sales really started to accelerate. they have done a great job for the last year and a half. it takes time. you cannot turn around an aircraft carrier on the dime. erik: maybe it is not such a bad thing to have no guidance. maybe they are not setting the bar so low. to run the bu

heinz was the grant daughter of freeman as fires wife, found stabbed to death on the manhattan street outside front door. investigators say neighbor witnessed heinz boyfriend deaf davenport and shouting definitely be gone. morgan freeman released a statement saying the world will never know her artistry and talent and how much she had to offer. heinz had studied acting and was involved with teaching urban youth. >> developing right now, an indonesian search plane has spotted the wreckage of passenger plane that went missing yesterday. the twin turn bo prepare caring 49 passengers, five crew members, cbs news correspondent hen a daniels explains how ground teams are now trying to reach that crash site. >> rescue teams in indonesia are navigating dense forest and high mountains, trying to make their way to the site where the air service plane is believed to have crashed. earlier today, search crews spotted smoke and wreckage that most likely belongs to the twin turboprops. taken off on 42 minute journey to the city of observationbill, when it disappeared sunday in bad weather. relatives

is this the next kraft heinz or a company that will slowly make a lot of money? >> i think it will be a pretty dynamic business. we share the same executive chair with platform martin franklin. >> we all know martin from jordan, one of the greatest investors. jardan has been an amazing company. nomad could own many aisles. >> it is a non-u.s. domicile company, a territorial, lower tax rate. you look at heinz-kraft, a lot of assets that need to be sold. this is a very logical buyer. we have one of the best deal maker operators leading the chart. that's going to be a good story. >> what's interesting about that, jim, that's nomad. he is involved with 3 g and all of these things. burger king, nomad and maybe he has a call on what they were thinking. >> it is a club. >> when it comes to consolidation. there, he as talking about nomad, this new listing which he and martin frank are talk about. >> with the idea that heinz-kraft is a bloated company. >> it takes some time after you close a deal only a month ago. from people who certainly know they don't expect 3g would

exposure to the corruption at heinz began immediately. as the reality of backlogs were brought to my attention by technicians. the studies were stored in boxes and i was expected to interpret them and not ask any questions or at my shock turned to horror as i realized many veterans had already died from cardiac complications. after the study was performed or prior to being interpreted. after reporting this to many supervisors, the nauseating reality that leadership was not only aware but also complicit with the coverups sank in. if ea inspector general report from 2014 substantiated the back locks. nobody was ever held accountable and no patients were ever informed. in the real world, this malpractice would result in serious repercussions for the physician as well as health care agencies in monetary damages to the patients and families but this is the veterans affairs -- a taxpayer-funded agency which is about to ignore the law and behave with impunity. the next stop on a journey will focus on the veterans office of inspector general's. t

and there was nothing i could do but call the police. >> now, heinz was accomplished actress in her ownight, even performing on broadway just a few short years ago. as for her boyfriend, charged with second degree murder this morning, he has a long arrest record previously arrested for drugs and petty larceny. this morning, his arraignment is pending. reporting live this morning, from manhattan, i am we send it back to you. >> thanks for that report. >>> 6:43, and checking the forecast, katy? >> good morning, we want to check in with weather watcher network. everyone reporting pretty warm air already. and that definitely means it will only get hotter from here, now that the sun is up. start things off on the jersey side of things, under full sunshine, ed connor reporting 69 degrees out in chesterfields, and he is saying that he's head today mercer county to run right now before it gets too hot. great advice. if you have to get out, you got to get the dog walk, in you got to get the jog n i get it. just do it before it gets too hot outside. we want you to take care of yourself. 70 degree

watching shares of craft heinz.pany just reporting its first quarter as a public combined company. the stock is getting pressured here in the after-hours. even though the two are combined, they broke out results by individual stand-alone company. kraft saw its profit rise. heinz actually saw its profit swing to a loss. the new ceo of the combined kraft heinz saying the company is focusing on the difficult and challenging profess integrating our two businesses. i guess part of that will be combining the two financials. interesting nuggets from this report. they reaffirmed that they are on track to cut $1.5 billion by 2017 in costs or synergies. investors really like that. it's part of the bull case on the stock. the stock, by the way, up 5% since it started trading as a combined company. in july two other key pieces to note. sales fell both at kraft and at heinz, reflecting a difficult environment out there for packaged food companies but margins increased at both of the units. and that is the 3g story. remember, 3g

the first is kraft heinz, up .64% points in the present here.ooking and what bloomberg intelligence is expecting, second quarter eps expected to come out at $.84 a share. $4.7 billion in revenue. they are saying we should watch in particular sales growth as well as margins. with that said, look at the year to date for craft lines. craft times is up by about 8% or so since they began trading on july 6. this is better than the 5.4% for the s&p packaged food index. 8 buys and has 7 holds. just under the $79 mark there. searching to another. , that would be shake shack. it is down by 2.7%. this is because we are waiting for the earnings later on today. sales might have been pretty good. sales might've jumped by 54% since the past quarter because of new restaurant openings in the u.s. as well as one overseas . comparable store sales are expected to rise 9%, not as good as the first quarter, when i was 11.7%. , i don'tate -- a pop know if it is a rocket, ever since they started trading earlier this year. knew burgers could be so profitable? pimm: have

davenport and heinz were in a relationship.e of heinz own neighbors witnessed that killing. >> he was like kneeling over here screaming about god has arisen. i mean he was totally off the wrench. >> in in statement free man said the world will never know her artis tee and talent and how much she had to offer. her star will continue to shine bright in our hearts, thoughts and prayers. >>> the wife of former naacp chairman julian bond says that her husband will be cream mated and his ashes scattered over the gulf of mexico. bond died on saturday in fort walnut beach, florida. he was 75 years of age. his cause of death is not yet known although his wife does say that bond had circumstance queue la tower problems. a trailblazer in the civil rights movement, bond worked side by side with dr. martin luther king, jr. funeral plans are still pending. >>> well still ahead here on cbs3 "eyewitness news", a deadly explosion over seas. the explosion caught on surveillance camera rah. right after rescuers make a disturbing discovery. >>> al

i should say heinz kraft -- kraft heinz says it will deliver its initial financial view for the mergerand it does not expect to issue or update its earning guidance as well, but it is confident it will deliver against its initial merger views. so we will continue to monitor this one, as well. joe: ok, coming up norway may , have survived the global financial crisis relatively unscathed, but we have a chart that shows how oil at $50 is wreaking havoc on the scandinavian country. ♪ ♪ scarlet: i'm scarlet fu. joe: i am joe weisenthal. "what'd you miss?" before the break, we told you norway is feeling the pain from $50 oil. unemployment soared it to 3.4% in may, the highest in a decade. scarlet: we have a chart that shows how bad things could get for norway. the company may have to take money out of it sovereign wealth fund, of course a step no , finance minister wants as their legacy. norway's spending could start to outstrip the income that it generates from oil. and that is the light blue line, and you can see the inflows to the sovereign wealth fund have been steadily declining and cou

obviously this is going to take time to get the kraft deal and the heinz deal together.ur thinking about buffett on food deals? there's some weak nness in campbell's soups and others when it comes to the transformation of food stocks. >> the first point on that, how involved is he? i think not at all. i think he knows what's happening but i don't think he's involved on a day today basis in terms of what's to come. he mentioned if you look at some of the food companies and he mentioned mondelez and campbell's soup. he pointed out they've been trading at higher levels. he thinks that's because investors are looking at it thinking they could eventually get the type of margins that they've accomplished at kraft heinz. he thinks it's a long shot. >> and kraft heinz will be reporting the first earnings today. that will be interesting. >> when we come back, crude oil falling almost 30% in the last two months. gas down a whopping $0.11 in two weeks. is that a good or bad thing for the economy? we'll talk about that when "squawk on the street" continues in a moment. another look

total business sense. >> i think it's so interesting to see the cross industry collaboration, like heinz ketchup and ford motors, these aren't really two companies i would think would work together in this way. as a chemist i think a lot about green chemistry, like you want all of the by-products of your chemical reactions to be used in further reactions, and that's kind of like how i think about it. but, this is really creative. >> and that's why you're dr. crystal dilworth. >> that's why i am ha ha ha! >> i think for me in the past my only ketchup and car interactions were when i spilled ketchup in my car. >> i think we've all been there. >> from the california coast all the way over to detroit, we've covered a lot of ground today guys, and covered some pretty interesting topics. so thanks for that. we'll have a lot more for you next time on techknow, we'll see you then. >> dive deep into these stories and go behind the scenes at aljazeera.com/techknow. follow our expert contributors on twitter, facebook, instagram, google+ and more. ♪ >> this is al jazeera. ♪ >> hello, and welcome to

heinz was granddaughter of freeman's first wife. in a statement freeman says the world will never know her artistry and talent and how much she had to offer, may she rest in peace. >>> searchers spot wreckage from the missing plane in indonesia. crash happened sunday in indonesia mountain region during a nasty storm with heavy rain and strong wind. there were 54 passengers, including five children, according to the transportation ministry the the plane lost contact with the airport, minutes before it was scheduled to land and never made a distress call. officials say this area is covered with jungles and mountains, other planes have crashed there abe have never been found. >>> civil rights act wrist julian bond is being remembered as a trailblazer, icon. long time chairman of the naacp died at 75. fox's trever shirley has more. >> reporter: julian bond will long be remembered as a voice for the people. a voice calling for action during the civil rights movement, and later being heard as a member of the georgia's elected ship under t

heinz was grand daughter of freeman's first wife. in a statement freeman said quote the world will never know her artistry and talent and how much she had to offer, may she rest in peace. >>> indonesia plane that went down over weekend has been spotted from the search plane but ground crews have yet to determine if anyone survives. the air services, twin turboprop plane was 7 miles from the destination when it went down during a storm yesterday. fifty-four people were on board. there is no indication that the the pilot made a distress call. the mountains are difficult to navigate, and new with the weather, it is clearing and they are hoping to finally reach the crash site. >>> two small planes slammed into each other midair near san diego airport killing will four people. both planes caught fire once they hit the ground break ago part. wreckage flew a quarter mile from the site of the crash, emergency crews first reported three deaths after going through the debris. they have discover one more person who died. we don't know why those

heinz ketchup does not contain enough tomato solids to be deemed as ketchup. the way will only effect hebrew label version of heinz ketchup. >>> those on vacation in hawaii are not getting the beach time they thought they will. >> neither are residents. honolulu's white zapped beaches are closed. heavy rains yesterday had nearly 500,000 gallons of sewage leaking out of man holes and flowing through storm drains much those storm drains empty into the ocean where of course people swim. not good. so officials are telling people just to stay out of the water. >> attention in the life garr. the beach is closed. >> crews will be testing water samples over the next few days. no timeline on when officials will give the all clear. they say they won't take a chance of getting people sick. >>> accused of busting into pose is a shop looking for cash watch police say this guy used as weapon even we've never seen. >>> left in a shopping cart forgot den by his mommy in grocery store parking lot. why she may have been so distracted she didn't realize why she may have been so

davenport and heinz were in the relationship and some of heinz own neighbors witnessed the killing. >ver her screaming about, you know, god has arisen or he was totally off the wrench. >> and in a statement freeman said of his step granddaughter the world will never know her artistry and talent and how much that she had to offer. her star will continue to shine bright in our hearts, thoughts and prayers. >>> former olympic runner oscar pistorius is spending his last few days in prison. he have is expected to be released on friday after serving ten month of the five-year sentence for shooting his girl friend. the pistorius admitted he shot reeva steam camp but he said he thought she was an intruder. he will spend the rest of his sentence under house arrest. >>> that will do it for "eyewitness news" at 5:00. >> now at 6:00 a summer scorcher, kate. >> that is right guys, it is hot and humid outside and with the heat and humidity a few storms popped up, one with the flood advisory, i will show you where that is, when storms move out and when heat wave comes to an end coming up at 6:00. >>

what are the new categories where heinz and craft, where they can make some headway?guidance given so far is to do for extensions. the craft mustard was a pretty hit. they have added extra spices to the catch of lines to address the growing ethnicity in the u.s. and the millenial. a goodond that, it is question in terms of one of the bold ideas for innovation? they require acquisitions, or can they create new categories with what they have? betty: thank you so much. much more ahead on bloomberg television. what you miss is next. -- what did you miss is next. ♪ (ee-e-e-oh-mum-oh-weh) (hush my darling...) (don't fear my darling...) (the lion sleeps tonight.) (hush my darling...) man snoring (don't fear my darling...) (the lion sleeps tonight.) woman snoring take the roar out of snore. yet another innovation only at a sleep number store. joe: we are moments away from the closing bell. i am joe weisenthal. scarlett: and i'm scarlet fu, in for alix steel. [bell rings] u.s. stocks rising the most in almost three weeks. joe: the question is "what'd you miss?". the $37 billio

either way i like kraft and heinze. we recently had live nation ceo michael rapino talking about his concert business and i liked what i heard. obviously other people didn't. i that could be due for a bounce after it reports monday night. we want to hear what shake shack has to say. the brain child of noted restaurantteur danny meyer has come down from its short squeeze $96 highs. if you like the burgers -- and if you're like me you'll like them a plenty -- the stock is really expensive. we talked about themes that hold up under any weakness because they're so powerful. i would be remiss if i didn't include keeping your old car much longer than you did because that's what's been behind one of the greatest bull markets of this year, one i flagged endlessly, the bull market in auto parts and the stores o'reilly automotive has stock that's climbed 140 points from less than a year ago totally under the radar screen still has lots of room to run. here's an idea if o'reilly talks a good game at that meeting why don't you cons

if you look at how well 3g did got heinz, by the time they into heinz, nelson peltz had been there ford does a massive overhaul and we see even on it 40%.idta improved if you look at heinz crap, where the potential deal is trading, is a potential deal. this is an actual is -- acquisition target, can you expect a company like this to have a huge cultural jet -- cultural shift? we are bringing in justin fox. does it make sense because their products are in the same ios crap and heinz and therefore belongs in the same company? she was talking about how these stocks have been up, probably because of these mergers. i think it is a category a lot of people think has topped out, high-margin, low growth. stephanie: developing countries want to buy things like oreo cookies and they are going to be able to. do these stocks looked top py. irene says you wants to have an approval by 100 basis points. vonnie: will there be job cuts? stephanie: who can tell, honestly what they did with burger king, huge cuts, huge changes. if you maintain the same and management structure, i'm not saying -- can you

heinz kraft deal he has been silent.alue in the market, maybe waiting for a crash in prices? we will not get clarity on that today, but that is what we are wondering. >> the heinz kraft deal, it will be interesting to see how much cash they have. it was $53 billion, so that will be big. as it grows, there'll be more pressure to do something else. alix: is it going to be one huge like we or maybe deals have seen before, making small stakes. , whatlse have we look for is on your radar? >> operating earnings, and value are looking at book , which is supposed to grow. alix: we will be waiting. thank you so much. still, much more ahead. we will break down the job numbers and three industries are growing jobs right now that you do not know about. ♪ ♪ alix: we are moments away from the closing bell. eel. alex real -- st joe: and i'm joe weisenthal. u.s. stocks falling, led by the dow. report came in line with estimates. joe: but the question is, "what'd you miss?". september rate hike, could anything change? alix: where the goo

tyson, pepsico has frito-lay and then you have mondelez and heinz kraft.uld've looked at that on my phone. that was too little. big names in there. general mills, or mail, campbell soup in hershey. lauren: i just started most of his names. this year, and ff so much more sharply than most companies. catalogs up 5%. mondelez up 20% this year. relative to their peers they are doing well. sandra: who are they going to merge with is what ackman is betting on. that was the continued consolidation in the food industry. planet fitness. not to go public. always fun to talk about this company. the ad campaign has been very good for the company. >> it has been successful. they bring in revenue. planet fitness, the gym for everybody starts trading today. ten dollars a month, give out free food intake prior shares at the height of the range $16 a share. did you have raised more than $1.5 billion at the ticker symbol pln t. the market for health and wellness has been hot but also challenging recently. look at yesterday's ipo from the comp me amplifies not brands, big di

the actor speaking out and calling the incident tragic and senseless. 33-year-old adina heinz also anying in a street near her home with multiple stab wounds to her torso. taken to a nearby hospital and pronounced dead. neighbors say they called 911 after they heard screams coming from outside. >> i looked out the window. this person was on the ground. this guy was on top. she screamed again. and i went and called 911. >> reporter: police took 30-year-old lamar davenport into custody at the scene and then transported him for a psychological evaluation and later charged. witnesses say it appears davenport was per forring some sort of exorcism. >> i cast you out, devils, in the name of jesus christ, i cast you out. he was saying that through the whole thing. >> reporter: multiple reports identify davenport as her boyfriend though not confirmed and say the two had just enjoyed dinner with friends hours before. >> oh, have you been here before? >> reporter: heinz, a graduate of nyu's school of the arts shared her grandfather's love of acting appearing in a film with free monday earlier th

heinz announced the elimination of jobs in north america, 5% of the combined workforce.he merger was driven by berkshire hathaway and 3-d capital of brazil. scartlet: another one step forward, one step backward in the grease debt crisis. there is a technical agreement on the bailout. germany's government withholding approval of the plan. the payment to the ecb is due in just a few days per those are your top headlines. i want to bring back in lord robert who wrote about greece. the termaim at confidence fairy. you said austerity does not work. asserting that the confidence fairy does not change the logic of the policy. it it's here's the logic for a time. recovery may come about but never because of it. ofen that, you are a credit -- critic of austerity. and what germany is doing wrong. guest: i think what they are doing wrong is they are forcing the greek economy into greater and greater depression as the price for getting the bailout. greece will get more money. it will be able to go on paying interest on its debt but at the cost of driving the economy into greater rec

layoffs at craft heinz.y are cutting workers as a plan as the two companies merged back in march. the job cuts represent 5 percent of the overall work force. target wants to deliver food. the marketing officer says target plans to get into grocery delivery in the near future. target's competitors amazon and wal-mart are testing food delivery as well. remember the rumba, the roaming vacuum they got permission to make a robotic lawn mower. it took about a decade. the reason for the hold up is objections from the national radio astronomy observe tory. they were concerned the signal from the lawn mower would interfere with their telescope frequencies. finally the breakfast of champions just got its buzz on. whe wheat tee's got permission to sell the beer. they are both minneapolis companies. don't worry wheaties aren't really in the beer. >> we have to try it. >> to find the fox business network go to foxbusiness.com/channelfinder. >> a few minutes after the hour. time to brew on this. bring your child to work d

heinz was stock multibe -- in a statist world will never know her artistry and talent and how much the world has to offer. >>> julian bond died at the age of 75. his wife says he became ill while vacationing in florida. he died on saturday from complications of heart disease. he was a one-time student of dr. martin luther king junior. served for two decades in the georgia state legislature. he also championed gay rights as well. president obama praised him as a hero and a friend to the first family. he released a statement. cig julian bond helped change this country for the for the better and what better way to be remembered than that. >>> it is 6:46 and we want to check in with gasia. good morning. >> good morning pam. hi dave. the head of amazon taking action after a new york times article that is very critical of the inner workings of that company. steve has been telling us how el nino could bring us an awful lot of rain to solve. we'll tell you why when we join you in a few. >>> straight out of compton smashed opening expectations. >> more mwa. it's the sixth largest august debut e

the paper identified this 30 year-old man who was arrested as heinz boyfriend, lemar davenport, heinzranddaughter of freeman's first wife in, a statement freeman says quote the world will never know her artistry and talent and how much that she had to offer, may she rest in peace. freeman posted a statement saying i want to acknowledge the tremendous outpouring of the have love and support my family has received regarding the tragic passing of my granddaughter. such a sad, tragic story when you hear that this man, whoever it was, her boyfriend was hovering over her body as she said all thesetive rent things. >> yes. >> so, the cops came and got them. >> from the scene apparently or nearby the scene but they say witnesses tell them that he was hovering heavier her body as he attack her. >> brutal right there on the street. >> yes. >> all right. 8:05. >> our thoughts are with their families for sure. >>> all eyes will be on philadelphia when the pope visits next month. >> maybe businesses in the security zone, we call it, the box, traffic box, some of them are worried about their abilit

the heinz was the granddaughter of freeman's first wife. >>> more than 500 mothers have been marchingint lou thinks week toned bring an end to violence. violence, they say has taken too many lives and tarnished their cities image. fox's andy baker has more. >> all of your loving kind, and... >> reporter: there is no one more fearless then a mom especially when it comes to her children. more than 500 moms and their supporters, marched from the the park to rosenbackpacker in st. louis asserting that motherly muscle. >> we are brothers against killing. >> this whole event was centered around mothers, and the the force that mothers have on the lives of men. >> reporter: pastor tommy tucker and his wife organized moth's begins killing, this march and community fair, seven months in the making, mothers responding to violence that has taken too many lives. and tarnished their cities image for too long. >> absolutely, hopefully one of these national guys that came in here, and they help give us that shadow, will also, see this film and say okay, maybe it isn't as bad as it looks. >> reporter:

today the pro bike final went to eddy defeated andrew heinz 191 miles per hour and a quarter of a mile. the funny car session has been a record for the last time 3.95 second. 319 miles per hour. the number one qualifier for the funny car antron brown has the one spot. pga tour in virginia. tiger advanced. he struggled. he made the cut. came back to earth today. finds the water off the tree on the par 3 11th. tied for 42 rnd at five under. kevin chappell had it going. 67 today. 14 under tied atop the leader board with troyie five of the last seven. sunday's final round should be interesting. >>> rain and wind at the women's forecast. peterson two bogey on the front but responded to back to back birdies on 10. and here on 11 one back of the leader that is jen ko. tied for the lead at eight under. theresa lu on her way to 369. more at 11:00 p.m. on abc 7. >> a lot of weather in that sports cast. >> there was. >> good to have you back. >>> next on abc 7 news at 9:00. they're not wearing mort boards but they're moving up. how zoo keepers prepared them for the future. >>> coming up tonight a

kraft up slightly ahead of earnings this will be first earnings reports since buffett owns heinz mergest month. up two-thirds of a percent after the bell. melissa francis, of course, david will have numbers the second they come out. fantastic four bombs at the weekend box office this is exactly what media stocks did not need. another stumbling block. it all started last week when disney reported as part of quarter earnings that cable sports giant espn saw subscriber losses due to so-called sin knee table offerings. s tanked dragging down via come and comcast and 21st century fox. a pair of our company with them and now fantastic four disappoints are customers cutting cord or is the content to blame? and fox business exclusive we have s&p capital media and entertainment analyst and jim president of new oak capital. tuna so fantastic four, is completely separate from what happened to disney last week which was oh, espn lost subscribers did you do you see any connection between the two and how they're efnghting media stocks? >> well, i think the only connection is in terms of the proximit

. >>> of kraft heinz recalling 2 million pounds of oscar mayer turkey bacon linked to illness. it may spoil before the best when used by date. kraft was made aware of the problem by consumer complaints. food and safety regulators have not received any confirmed reports of illness. the turkey bacon was made between may 31st and august 6th of this year. >>> a new study confirms what many parents feared about those government mandated fruits and veggies on school lunch trays. they often go right into the trash. researchers said they found while children put more of the good stuff on their tray, they ate less of it. food waste was up 56%. >>> if you need to drink fast order it from amazon. the retailer now offering quick delivery of beer, wine and hard liquor in the seattle area. it's a test for amazon's prime now. service which operates in a number of major u.s. cities but only wine offered there. seattle is the first with hard liquor, two-hour delivery is free. one-hour delivery is an extra eight bucks. that will come in handy if you throw a last-minute party. >> alcohol delivery

says graph -- kraft heinz it will deliver its initial financial view for the merger, and it does not expect to issue or update its earning guidance as well, but it will -- is confident it will deliver against initial merger views. joe: norway may have survived the global financial crisis relatively unscathed, but we have a chart that shows how oil at $50 is wreaking havoc on the scandinavian country. ♪ scarlet: i'm scarlet fu. joe: i am joe weisenthal. "what'd you miss?" before the break, we told you norway is feeling the pain run -- from $50 oil. scarlet: we have a chart that shows how bad things could get for norway. the company may have to take money out of it sovereign wealth fund, a step no finance minister wants as their legacy. spending could start to outstrip the income that it generates from oil. you can see the inflows to the sovereign wealth fund have been steadily declining and could go lower. joe: another northerly country hit hard by the fall in oil prices -- canada. the commodity decline has helped to shrink canada's economy the past five months. torlet: bloomberg spok

bill johnson, former ceo at heinz. for joining us. >>> what do you need to know for tomorrow? we go back live to the new york stock exchange in just a moment. having a perfectly nice day, when out of nowhere a pick-up truck slams into your brand new car. one second it wasn't there and the next second...boom, you had your first accident. now you have to make your first claim. so you talk to your insurance company and...boom, you're blindsided for a second time. they won't give you enough money to replace your brand new car. don't those people know you're already shaken up? liberty mutual's new car replacement will pay for the entire value of your car, plus depreciation. call and for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. switch to liberty mutual insurance and you could save up to $509. call liberty mutual for a free quote today at see car insurance in a whole new light. liberty mutual insurance. >>> 1,089 was our lowest point. the circuit breaker would have h

. >> reporter: heinz had also called 911 but fire and gas crews couldn't stop the leak. >> our firefighters were actually as they were in the scene, they were blown back about 20 feet. >> reporter: a gas worker is the one known injury. he is being treated for serious burns. the cause of the leak is under investigation. >>> the red cross is finding alternate housing for the motel guests. >>> growing health scare up at yosemite. a second person who visited the park has tested positive for the plague. two plague infected squirrels have been found near tuolumne meadows. campground is closed until at least friday as crews treat the area with flea killer. earlier this month a child got the plague after going to yosemite. that child has recovered. >>> a new study says much of the head lice in america is resistant to treatment including here in california. it says overuse of treatments may have led to the tiny bugs to develop resistance to treatments in shampoos. pediatricians say it's a nuisance, not a serious health hazard. >>> it's popular in some bay area backyards raising chickens to offset eg

. ♪ ♪ >> preste atenciÓn porque el fabricante heinz estÁ retirando mÁs de 2 millones de libras de tocino de 2015. regrÉselos por favor para que le den su dinero de vuelta. ♪ ♪ >> la mÁquina del cruz azul fue frenada por las Águilas del amÉrica. lo mejor tuvimos suerte. raÚl delgado no se negoles = de la acciÓn deportiva del fin de semana. adelante raÚl. >> muy buenas tardes. saludos a todos en casa. con el arranque que tuvo la jornada siete la cereza del pastel folk clÁsico joven en el azul estuvo de lujo el partido entre las Águilas del amÉrica y la mÁquina cementera. vemos las acciones de encuentro. el partido tuvo un inicio muy movido que se iba desviado y aguilar perdiÓ un gol con una tajada de brown. el Águila emprender vuelo el minuto 47 con el estadio con un golazo de oswaldo martÍnez para paulo aguilar y este para el hermoso gol... gol. tres toques y la villa ganaba. el croissant somete a toda carne al asador pero no le funcionÓ y al 74 corona el esfÉrico y se lo daba benedetto. ganaron dos a cero las Águilas. chicharito amantes deja el manchester united, que si mejor te vas ha s

sales at heinz fell 4%, mostly because of the strong dollar. shares were off around 2% after-hours and a similar amount today in germany. >>> all right, still to come on "worldwide exchange," when invested in rome. we find out what's driving the italian market as the biggest gainer in europe so far this year. don't go away. can a business have a mind? a subconscious. a knack for predicting the future. reflexes faster than the speed of thought. can a business have a spirit? can a business have a soul? can a business be...alive? no student's ever been the king of the campus on day one. but you're armed with a roomy new jansport backpack, a powerful new dell 2-in-1 laptop, and durable new stellar notebooks, so you're walking the halls with varsity level swagger. that's what we call that new gear feeling. you left this on the bus... get it at the place with the experts to get you the right gear. office depot officemax. gear up for school. gear up for great. >>> welcome back. let's remind you of the headlines. google simplifies its structure with a

kraft heinz is recalling 2 million pounds of oscar meier turkey bacon products. the turkey bacon was made between may 31st and august 6th. but the packages are b ng recalled because they could possibly spoil before the best when used by date. nbcnewyork.com has more details of which products are being re ncalled. >>> this explains it all. when you load up your smartphone apps, you're also putting heavier demand on your phone's battery, raising ihe risk it will run out of juice, and quickly. better get baquero for the special apps that can help keep your phone charged up. here is consumer reporter, lynda baquero. >> with so many apps on our phones, espcially those that use navigation, it's easy to see your battery go from 100 to 0 in no time. what do you do? >> i put my phone on airplane mode and that helps me. and then i also lower down the brightness. >> always turn off, what is it -- all the apps if you're not using it. >> turn off the applications and shut it down. >> reporter: so here are some apps to help. many consider battery doctor among the top battery m

. >>> kraft heinz is recalling 200 pounds of turkey bacon. it could go bad before the date on the package. the products were produced this year between may 31st and august 6th. the recall was prompted by customers' complaints after they got sec. >>> a classwide reading assignment for new students is stirring up controversy at a university. they're boycotting the graphic memoir fun home. they say it compromises their morals and christian beliefs. it talked about a woman's exploration and decision to come out as a lesbian. >>> and nasa's don spacecraft is beaming bat incredible images of the dwarf series. it shows a huge cone-shaped mountain. it's more than 20,000 feet tall. the sharp slopes have bright streaks. another series of images shows a massive crater also with bright spots. and a indicate lin jenner halloween costume is sparking backlash. it's based on her lingerie-clad "vanity fair" cover. they plan on continuing to sell the $75 costume. >>> the napa valley wine train is apologized for the way it treated a group of mostly black women.