it was 2005, and she was appointed chairman of hewlett-packard. yet just 20 months later, dunn was gone from hp due to her participation in an internal investigation that involved spying on members of the board. less than a month later, dunn was charged with four felony counts for her role in that investigation. in october 2006, only hours after the criminal charges against her were announced, pattie dunn sat down with me to talk about what happened at hewlett-packard. let me ask you the obvious question that i think every lawyer who's watching this is asking himself or herself. why are you giving us an interview right after you've been indicted? it's pretty unusual. >> so my lawyer tells me. [ chuckles ] >> well, he's approving of this, isn't he? >> he is. i have a story to tell. i'm innocent. i need people to understand what happened, and i'm glad to have this chance to do it. >> her story involves the investigation into who from the board was leaking confidential information to the press about corporate strategy, hp's interest in buying another

printers and p.c.s were once the stars of hewlett packard. they were popular with consumers and businesses big and small. they account for half of h.p.'s total sales, but they have been in decline and are a big problem for h.p. p.c. sales fell 15% in the first quarter of 2012, and revenue in the printer group was down 7%. and the competition is fierce. when it comes to personal computers, h.p. is up against dell, apple and lenovo. and in printing, there's xerox, lexmark and brother. tinkering with ways to jazz up the p.c. and printer businesses has been a ritual at h.p. former c.e.o. carly fiorina combined them in 2005. her successor, mark hurd, separated them. then leo apotheker proposed spinning them off. now meg whitman is combining them. it's whitman's first major move since she became c.e.o. six months ago. the strategy might work, but so far investors are not buying it. shares sold off today and are down almost 9% this year, making h.p. the biggest loser in the dow. joining us now to talk more about the outlook for hewlett packard: abhe

in the end, hewlett-packard chose the tiny island statsingap.oin: one of the main reasons we are in singapore is because of the infrastructure. singapore is very centrally located in asia. in addition, we have very good air, sea, rail and port facilities that allow us to bring things in and take things out very quickly and very efficiently. narrator: singapore has the largest container-handling seaport in the world-- number one in sheer tonnage moved and second only to hong kong in container traffic. singapore's location on the strait of malacca puts it on one of the most important transport routes in the world. woman: singapore sits right at the tip of the peninsula of malaysia. it's kind of in between the south china sea as well as the indian ocean. a lot of ships that want to go from the pacific ocean to the indian ocean, they all have to come down through singapore and then cross over the other... to the other side. in that sense, its location is favorable. but it also has a natural harbor with nice deep water, and that has facilitated its p

we zero in on hewlett-packard. shaking up the management team, will that help shake up the stock which has been down 7% in 2012? tough year last year as well. >>> then make a change. how much will health care rise by the year 2050? which stocks will cash in on a long-term trend to health care? before we head to break, here are highlights of our guests today on cnbc. back in a moment. >>> it's gone from the great depression to everybody should own a home. that mentality has still not left washington. they are prepared to run up this bubble again, to push home ownership on people that can't afford it and go through all of this -- all over again. >> house prices are absolutely key here. you've still got people sitting on realized capital gains. 30% and a third say they have problems with potential capital losses if they were to move up and a quarter of people are still underwater. the value of their house is less than their mortgage. >> the consensus being arrived here in washington in america between some democrats a

hewlett packard holds its shareholder meeting this afternoon. coming up when we come back, hp is moving ahead with its bold re-organization plan. what's a better play for you right now? would it be hp or dell? >> later, the fight for your wallet. which companies are best positioned as consumers go cashless and maybe even cardless using their phones to pay. this is $100,000. we asked total strangers to watch it for us. thank you so much, i appreciate it, i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money ? if your bank takes more money than a stranger, you need an ally. ally bank. no nonsense. just people sense. is moving backward. [ engine turns over, tires squeal ] introducing the lexus enform app suite -- available now on the all-new 2013 lexus gs. there's no going back. see your lexus dealer. tdd# 1-800-345-2550 checking the charts. tdd# 1-800-345-2550 looking for support, tdd# 1-800-345-2550 resistance, breakouts, tdd# 1-800-345-2550 a few other tricks that i'll keep to myself. tdd# 1-800-34

it had always been hewlett packard versus dell. dog as in apple eats the dog world with the new ipad.ç it seems like a suitable component to the personal computer. ipad one and two. it seemed less than an ideal as a substitute to say what hewlett's got going. i can't think what the laptop has over the ipad. maybe some software companies and data companies don't support the apple world. otherwise, someone please tell me why if you were enterprise buyer you would stick with hpq because of entrenchment and good service. you can have an apple desktop, you can have an apple ipad. what else do you need? the most important point about hpq is that the information technology world is gravitating toward the company that is have mobile, social and cloud. while autonomy was supposed to be helping in the cloud, the company is no mobile strategy. hey, what does apple have? no social strategy. google has that. the new ceo said last week. the only thing i see dominant is the printer business. but, believe me, given the way hpq forces people into

hewlett-packard and alcoa, i'm not going there. i see hewlett-packard going much lower.he chinese have to blink if alcoa's going to rally, expanding the aluminum capacity will be a tough concept for 2012. those are two stocks out of the 30 i'm worried about. the dow has to go higher before it seems ripe where it was four years ago. yeah, we've got to go up substantially before i feel like we're as vulnerable as we were four years ago. nasdaq, that's an even simpler exercise. the last time we were at these levels 12 years ago, we were way down from the highs already. but we were nowhere near the lows. the nasdaq back then was an entirely different animal. dot coms, telco infrastructure and semiconductor plays, almost all were about to plummet. true bubbles, no earnings or we're headed in that direction fast. many of them had no revenues to speak of. now you can argue right upfront that the nasdaq's currently being powered by the one fifth of the index that is apple and maybe that seems unfair to you. but just as we can't strip the index back then of what was totally worth

hewlett packard, apple and qualcomm are all tech. and qualcomm is in the apple, the new ipad.oing to have to reluctantly sell qualcomm and sell hewlett packard, which i don't want anyway. it's tech. i'd rather see you in wynn communications and cimarex oil and gas. we got oil and gas, telco, computer. we need to have a financial and i'm going to suggest you get u.s. bank corp and my charitable trust owns that and a health care one. i'm going to suggest abbott. you make those changes and i'll feel much better about your situation. let's go to rosemary in missouri. i do have missouri to go deep in the tourney. >> caller: a big booyah to you from the show me state. >> show me, show me. you better get to the elite eight. >> caller: i'm new at this and i just need your advice. i have a buy for you, it's chesapeake, chk, ford, spectra, i just got microsoft and agnc. am i diversified? if not, what do i need to do? >> you're new at the game but i think you're pretty savvy. ford, the oils have been breaking out. ford can do it. microsoft, you have tech. that's all right. good balance s

i'm jon fortt in silicon valley with breaking news on hewlett-packard.gs digital reporting hp will report that it is merging its printing division and its pc division. that's ipg and psg. this would result in the head of the printer division leaving the company. he's a long-time hp hand. been there since he was just starting, just out of school at the company. both divisions struggling. the pc division have been a hard time with mobile. selling the touch pad. the printing division last quarter reporting low hardware sales and tough ink jet sales. hp struggling to figure out how to right the ship on both of those, deal with the ink sales and printer sales. todd bradley, long headed the pc division, would take control of both divisions under what this report is saying. big shakeup at hewlett-packard because these are two of the largest revenue producing and profit producing units, both of which need to be righted. back to you. >> is there trouble in their printing division? that's question number one. question number two, is this the hands of the new ceo?

. >> we are just getting big news from palo alto-based hewlett-packard.et. new york stock exchange straight right now the dow is flat up nine points. >>> big win for mitt romney in the gop presidential race as he adds to his delegate lead. >>> quarterback alex smith is back with the 49ers even though he never really left. >> reporter: i'm katie marzullo with breaking news it appears the standoff with the suspected school shooter in france is over. i'll have details, next. úúúúúúúi >>> welcome back. 6:42. storm track well north, northwest corner of the state going to get the rain today maybe snow around mount shasta. increasing sun and temperatures from chico 66, sacramento, 69, 73 fresno. upper 60s to low 70s from big sur to san diego and l.a.. cool spot tahoe at 54. >>> we have breaking news out of france. a story we've been following all morning. the standoff in toulouse is reportedly over. we are getting wore the gunman suspected of killing wu wish children and several north african paratroopers is under arrest. >> reporter: i've been watching a live f

we all know that hewlett-packard came to an incredible about face.now that they tried to develop infrastructure with the purchase of palm. suddenly its then-ceo mark herd. that seems like a common theme in that culture. finally, there's personal computers. last year, apple surpassed hp personal computer sales. it had always been packard versus dell. what's not included is it's apple eat dog as in apple eats the dog world with the new ipad. it seems like a suitable component to the personal computer. it seemed less than an ideal as a substitute to say what hewlett's got going. i can't think what the laptop has over the ipad. maybe some software companies and data companies don't support the apple world. otherwise, someone please tell me why if you were enterprise buyer you would stick with hpq because of entrenchment and good service. you can have an apple desktop, you can have an apple ipad. what else do you need? the most important point about hpq is that the information technology world is gravitating for the company that is have mobile, social and

jobs multiplier, how many jobs hewlett-packard helped create. >> hewlett-packard is troubled. the desktop is troubled. tech data is a good pressure of peripherals. the peripherals are on fire in europe. mostly norway and netherlands and germany. i come back to this is a little bit 0 sum here. hewlett losing, apple winning. watch s.a.p. they are doing well. looking for a better place to put your cash? here's one you may not have thought of: fidelity. now you don't have to go to a bank to get the things you want from a bank. like no-fee atms -- all over the world. free checkwriting and mobile deposits. now, depositing a check is as easy as taking a picture. free online bill payments. a highly acclaimed credit card with 2% cash back into your fidelity account. open a fidelity cash management account today and discover another reason serious investors are choosing fidelity. only hertz gives you a carfirmation. hey. this is challenger. i'll be waiting for you in stall 5. it confirms your reservation and the location your car is in, the moment you land. it's just another way you'll

hewlett-packard will be combining divisions. the doubts of 36 points. manning has signed on as the quarterback for the denver broncos. with the future of tim tebow up in the air, everyone is wondering if the gamble will pay off. >> he has proven himself in the past and they are expecting him to step in and go. all >> it is high-risk, high reward. >> it is a good move as long as he is not injured. pete, did you forget yours? me pete, me use pen! (laughter) sorry i'm late, i was in the 16th century looking for pete's pen. (laughter) guys, guys. take it easy, ok? pete's mom is videochatting me, and she wants her pen back! ok, alright, well. i just got one. so... yeah, you've got a little... yep, i can feel the wet patch. don't look at it. when it's on your mind, it's on ebay. >>darya: the big stories we are following, in morgan hill, police are looking for a teenage girl who < missing since friday. ross mirkirimi is officially suspended following his domestic violence sentencing because he will not step down. >>mark: alex smith will stay on as quarterback

>> do you own hewlett packard? >> i don't own them, i used to own them and i have been very happy not to own them in recent years. but if you picture the situation she's in, it's not a bad move, certainly for the shares, but she's got a lot of work to do. >> the dividend yield from so many stocks, how is that motivating your purchases, we're still at 2-2 on the ten-year. >> in many companies, it's kinds of like free money. it's hard to find an argument as to why you wouldn't look for good dividend paying stocks in this environment. balance sheets are very strong, yields on other investments are really bad and you look at a name like johnson & johnson with a 3.5% yield, share price hasn't done anything for a long time. why wouldn't you want to collect that dividend? >> there are legs of academic study that your owning a company and the -- let me just raise one last point if i may, let us not forget the next year, the dividend, the rate at which dividends attacks is supposed to rise to in excess of 43%. now given tha

there you just saw hewlett-packard. that'll do it for "power lunch" this day. >> "street signs" begins. we'll see you tomorrow. >>> welcome to "street signs" where we are going back to school. steve liesman one on one with fed chairman ben bernanke. it is a cnbc exclusive. go big or go small. super caps to the wee ones. we've got six all-star stock picks for you. >>> it is battleground priceline.com. ten years ago this was a $7 stock. now it is nearing $700. two analysts, manatdy, will duk it out. >>> we'll continue in the trend of the past few months. financials are the best performing group in the s&p 500. nasdaq, meantime, is today's biggest percentage loser. but it still has the best year to date gain by far of the mayor averages. about 17% to the upside compared to 8% for the dow and 11.5% for the s&p. lots of chatter as well online about the new ipad. some users complaining it gets real hot while using it. "consumer reports" has done their tests. in a first on cnbc one of their senior editors will join us with tho

hewlett-packard, the pc maker among the biggest losers there. announcing it's combining its printer and personal computer divisions. just a fraction of a gain to the nasdaq. shares of green mountain coffee roasters boosting index. news dealing with starbucks, a little more on that later in the show. the broadest measure, the s&p down by 3 points. wall street opens the trading in about five hours and 20 minutes from now. a quick check of the futures reveals, again, it's a bit of a mixed picture. mixed picture but pretty flat. the s&p the broad index which is for many a vp index down a fraction. we've got jobless claims, more jobless claim numbers coming out later this day. obviously, they'll be pretty closely watched. >>> they certainly will, andrew. now world business news after the break, a food crisis putting millions of lives at risk. charities are calling on governments to beef up their efforts to fund aid. that's next here on cnn. [ male announcer ] this one goes out to all the allergy muddlers. you know who you are. you can part a crowd, w

. >>> hewlett-packard is come behinding -- is combining their computer and printer divisions. >>> prosecutors in brazil today filed criminal charges against chevron over an oil leak. the leak happened last year near a test well. chevron has denied any wrong doing. >>> it's as long as the empire state building is tall, and today, the ms c fab -- msc fabiola entered the san francisco bay. >> reporter: we were in the bay to meet the largest ship ever to enter the bay. this is about more than just a big ship, it's about the challenge it has to get here. it is 170 feet wide and 1200 feet long. it's 100 feet longer than any other cargo ship to enter the bay. san francisco bay controllers have been training for months for her arrival. we were onboard the pilot boat as we pulled alongside, and as we got closer, it was difficult to see the entire ship end to end. special gps units were bag carried to tell pilots the exact will case of the ship down to just a few feet. ships like this will soon be common place in the bay. >> shipping companies are building ships bigger and bigger all the time. >>> the

hooup hooup -- hewlett-packard reshuffling it's cards again. >> hay there, larry.jor changes coming to hewlett-packard. bloomberg news confirmed restructuring will happen. the company combining personal computer was a division selling printers to cut costs and simplify how this business is run. ceo meg whitman attempting a turn around at the world's largest pc maker which has been struggling from declining sales and profits. amazon is trying to drive traffic to its site. the solution? say hell grow daily deal for today only was selling $10 gift cards at $5. it got buyers flocking to this site and pulling big numbers selling more than 900,000 of the cards. revenues from this deal will be over $4.5 million but that means they'll lose and this is available to shoppers checking out amazon local.com. the site for local merchants competing with groupon in sales and apparent fully racking up losses. skm some stock losses to tell you about. red arrows and this ended a three-day winning streak. and there are gains of about half a percent. cisco and yahoo helped push index h

and hewlett-packard is improving efficiency. the new ipad runs about 12 degrees hotter than its predecessor during gaming but it doesn't appear to be a serious problem. >>> beginning next month "the new york times" will cut in half from 20 a month to ten of articles online. and then a company filed for a u.s. patten for a tattoo that would vibrate when somebody tries to reach you on your phone. talking about letting technology get under your skin. >>> peyton manning is officially a bronco. and then a woman goes up for the dunk. your early morning sports headlines are straight ahead. >>> very impressive, but not as impressive as the record-high temperatures across the great lakes. that's coming to an end. your forecast is coming up. you are watching "early today." >>> very good >>> good morning to you. if you are just waking up this is "early today." in sports last night in the fourth straight game since the coach resigns, the new york knicks were winners. >> good morning. if you think it's hard to figure out the knicks, you are

break 1)) ((bump in)) ((traffic reporter ad libs)) maps-fiber-83atexit27- back to maps 3 3 3 3 3 hewlett-packard is shaking up its business yet again. ."today i am announcing my -3 resignation from congress." congress."and even during scandelous times... twitterr was there!the social media website is celebrating aa birthday!find out what catapulted it to what it is now! ((bump out)) ((break 2)) 3 ♪ [ male announcer ] for our families... our neighbors... and our communities... america's beverage companies have created a wide range of new choices. developing smaller portion sizes and more low- & no-calorie beverages... adding clear calorie labels so you know exactly what you're choosing... and in schools, replacing full-calorie soft drinks with lower-calorie options. with more choices and fewer calories, america's beverage companies are delivering. with more choices and fewer calories, happy birthday twitter!six years ago , the first tweet was sent around the world.phil han reports on the social media milestone. milestone. --reporter pkg-as follows -- six years old today and twitter keeps on growi

news of hewlett-packard plans to combine printer and pc division's to save some money. >> a silicon valley executive has come up with a novel way to get in on facebook an initial stock offering. he is offering to trade a 7,000 ft home for $29 million in facebook stock. the house has six bedrooms and a guest apartment and sits on a 11 a. private park. silicon valley is bracing for a real-estate boom after facebook goes public this spring. there is an unusual trend emerging from the housing prices, for most it is more affordable than renting in 98 of the top 100 housing markets. the only two to buck the trend are san francisco and honolulu. researchers say that rising rent make it harder for people to save for the down payment. >> mitt romney has picked up another key endorsement, former florida gov. jeb bush throwing his support behind him. he says he believes the massachusetts governor understands the economy. the endorsement has been one of the most highly sought of the presidential race. romney has more than half the delegates he needs for the republican nomination. voter turnout in illi

penney is the hewlett-packard of retail. we're not talking about a turn around in a month. we're talkinging about years. >> bit of a reality check perhaps on what the job is ahead. let's hit or call of the day. shares of research in motion getting hammered. peter of jeffrey's cut estimates, lowered his price target. expects research in motion to -- negative fifth quarter. big call obviously in the markets today. what's the crux of it? >> well, we do a survey and don't normally get it until mid march. we talked to carriers and retailers and distributors in europe. results r were so negative especially towards the end of february and couldn't help but say look, they might have to negatively print out. if they don't, they've effectively stop the channel, increased inventory, which means the may guy would be a disaster. >> problem is as you see it, they're getting killed not only at a high-end. >> devices that occur, i've gotten -- a lot of people don't see the upgrade, 500, the old c curb. so we're seeing carrier -- >> does research in motion need to realize that perhaps every

big changes at hewlett-packard. nbc confirming that hp is merging their pc and printer units jon fortt is joining us now. jon? >> this is an extremely important shift for hp. tom bradley takes controls of two divisions that are in flux. the revenues were down 15% over year over year. the pribter division revenues were down 7%. a myriad of different challenges there and not the least of which is the thailand flooding which caused hard drive shortages and the shift to pc's bill. >> one other question, a lot of buzz about the consumer report story on the apple ipad, the hot ipads, how hot they may run on certain apps. what's the view out in silicon valley on that? >> consumer reports said that it ran about 120 degrees is the rate and laptops are too hot. it only gets that hot when you're running high-performance games. that's the sort of thing where you hold the ipad up in your hand. it's a certain type that can put a cover on it and then you're not directly in contact with the ipad. this doesn't look like the sort of

cortez, look, if the market is overwhelmingly against a name like hewlett-packard which is seems to be of late, are you positive of it, given your con tear general nature? >> this one has typically underperformed, even more than dell. hp is not a name, unfortunately, that i cannot get behind. >>> rising fuel costs hit fedex's bottom line? we're taking positions today ahead of its report tomorrow. how do you know which ones to follow? the equity summary score consolidates the ratings of up to 10 independent research providers into a single score that's weighted based on how accurate they've been in the past. i'm howard spielberg of fidelity investments. the equity summary score is one more innovative reason serious investors are choosing fidelity. get 200 free trades today and explore your next investing idea. >>> welcome back. let's look at the volatility. they are at new lows as the vix is around 15 or thereabouts in recent days has been as low as 14 and change. joe, let me get a comment on you from what we've been seeing with some of the etfs. >> i think it's a favorable environment

caterpillar down there, as you see, about 3%, almost 4% as well as alcoa, bank of america, hewlett-packard and jpmorgan chase, all with sharp losses. >> applied materials and qualcomm both raising quarterly dividends by 13% and 16% respectively. they're benefiting from rising global demand for smartphones. the dividend move is moving the stocks. we're setting our sights on dividend players. some names that might be good bets in a tough, unsernlt market. david sour is joining me now, and david abella. >> hi, maria. >> gentlemen, nice to have you on the program. thank you so much for joining us. let's talk about dividend plays. we all talk about dividend players at the end of 2011. they did not perform well. do you think that will change in 2 2012? >> i do, quite frankly. they lagged two or three percentage points in 2012. these are key underline fundamentals. almost double growth of the s&p 500. the real key is the chance to get companies that are paying in the case of qualcomm, maybe less than a 2% yield. and any company that's increasing its dividend at a double-digit 15% or better clip i

hewlett packard is merging its printing divisions into one. consumer reports reveal apple's new ipad runs 12 degrees hotter than its predecessor, but it doesn't appear to be a serious problem. beginning next month, the new york times will cut in half the number of free articles on its web site from 24 months to 10. and finally, nokia has taken steps to make sure that you never miss another call or text message. the company filed for a u.s. patent for a tattoo, a tattoo, that would vibrate when someone tries to reach you on your phone. talk about letting technology get under your skin. well, the rock gets to the lakers and peyton manning is officially a bronco. plus, for just the second time ever in the ncaa tournament, a woman goes up for the dunk. your early morning sports headlines are satterthwaite ahead. >> very impressive, but not as impressive as the record-high temperatures that have been stringing day-to-day across the great lakes. that's coming u7. you're watching "early today." >>> very good morning to you. if you're just waking up,

. >>> there are reports hewlett- packard plans to combine its personal col putting -- computing and printing position. the wall street journal is reporting they plan to go a massive renovation. hp has struggled to keep its core pc business profitable. >>> stocks are moving sideways following a weaker-than- expected hole sales report -- home sales report. the three-month winter season overall was the best in five years and analysts expect better numbers as we enter the spring season. >>> the airline industry expects to make a profit this year but it is likely to be much smaller as -- than last year as fuel costs sale. the international air transport association says the world's biggest airlines expect to earn a total of $3 billion. that's down $500 billion from last year. >>> a group of 9th graders from san mateo high school are getting lessons in air traffic control today from the faa and nasa. the students run a field trip at the faa's oakland air route traffic control center in fremont. the trip is part of an education project called smart skies. it aims to introduce students to air traffi

hewlett-packard ceo meg whitman will host romney at a dinner and it will cost $5,000 to have dinner and for that you also get a photograph with a presidential hopeful. nor o'donnell interviews the winner of the primary in louisiana on face the nation. rick santorum joints are on the show. that is on face the nation at 830 on cbs five. >> new developments in a shooting rampage in afghanistan that involved an american soldier. >> what happens to suspended sherrif ross mirkarimi. our political insiders sound off on that one. >> paul benedict on tour in mexico. his message to one of the largest catholic populations in the world. >> we have got another rainy day on tap and then it lo,,,, ♪ [ male announcer ] no success is overnight. ♪ it's about working harder. ♪ and smarter. ♪ it's the culmination of a million decisions. it's where you see yourself going and how you choose to get there. the all-new 2013 gs. our boldest response ever. there's no going back. ♪ >> the victims of a shooting spree by an american soldier in afghanistan and received thousands in compensation. staff sergeant robert

hewlett packard and apple. hewlett packard gets ready to announce it's big move of combining those two divisions. >> big move under meg whitman, the new ceo. >> that will do it for "power lunch." >> "street signs" begins right now. >>> indeed "street signs" does begin right now. i'm brian sullivan, everybody. and we are going to stay hot on housing. we are going around the block with two guests. one with ways he says will really fix the housing market. the other one with some hot housing related picks for your portfolio. and with the oil and gas boom, fracking in the midwest, could america really become the new middle east? your guest says, yes, but only if a few things cooperate. >> hello everybody. the dow trying to avoid a third loss in four sessions. the s&p's sneaking into positive territory for the week. for this midday advance it is still near break-even for the day. the nasdaq meantime on track for the third straight winning month. it is the strongest during today's session on the major averages and it'

so hewlett-packard, dell, compaq i.b.m., everybody could do it and if it didn't work they said it's the software person's problem. steve said no, it's got to be integrated. from the silicon in the microchip to the icon on the screen, from the hardware to the software all in one, we have to take responsibility and he got so into taking responsibility end to end that when the product was finished it was big sold at a big box store like best buy and that drove him nut he is said "we have to make our own stores." from the moment we get that microprocessor working to the moment the person sells it to you in a store we control everything because we're going to be responsible. we're not going to say "that's not our fault, that's the software makers' fault." >> rose: behind leapfrog. >> it was really amusing. fy company staying ahead of the game is the way to do it. the one time steve falls behind. he was sofa gnat i can about design he didn't want the i mack to have a tray drive... you're old enough to remember like me the d.v.d.s. he wanted those beautiful slot drives like enough a nice car a

hewlett-packard is up ever so lightly as we hear hewlett-packard will combine printer and pc businessad men and mad women who support them. opening the new york stock exchange. trivia for you. on this day in history 2006. jack dorsey sent out the first message on twitter. what was it that jack dorsey said? he said i am just setting up my twitter. to whom he sent this i'm not exactly sure. bit it showed a lot of faith on his part. there you go. >> hey, let's check the forecast. meteorologist christina loren. >> good morning to you. temperatures in the 60s. showers on the way tomorrow. check your drive once more with mike. >> southbound 680. let's take a look at the map. an accident brewing. southbound 680 has a couple of lanes blocked. being moved to the shoulder. it has not moved yet. south bay, northbound 101. an accident here at

has so much money, it can afford to pay a dividend, undertake a stock buy back, and still buy hewlett packard with cash if it wanted to, not that it is going to do that. all right. to the specifics. apple will 2.65 a share in dividends starting july 4th. starting 2015, the company will by $10 billion back of its own stock. numbers are well within apple earnings. even with all of this, its cash pile should continue to grow. why does apple have so much cash? obviously it sells lots of stuff, but the hoarding mentality was in her ited from steve jobs who saved them from brpts. remember this cover in 1997 with the apple logo and the word pray? that was not that long ago, much like the person that lived through the depression, mr. jobs was a saver. keep in mind, all the riches are aside from any organic growth you'll see from apple. all of the news is a side. ipad 4 or iphone 5. apple traded slightly higher this morning, to a large degree the stock baked in. we expected this news. back to you. >> thank you very much. >>> ross mirk is facing sentencing in connection with a domestic violence inciden

hewlett packard would never do this. >> that's so interesting. >> you only need 1% of corporations onout liers who will spend 10s of millions of dollars to distort the political process. that's what people need to understand. it's not the fortune 100 or 500 it's about a handful of small corporations that can highjack the national political process and ruin guys like newt gingrich who you might like or not like but i don't think he should have lost because of a handful of people making contributions. >> do we need a constitutional amendment? >> i think the supreme court is going to reconsider citizen's united and i think there is a great piece of legislation about amending the corporations code in california. >> state by state. >> state by state can matter. when you actually look at the facts and if you read citizens united they assume facts that are clearly untrue and proven untrue in this election cycle. i think we're going to see a second bite at the apple. >> i this i we're going to see a big bite at that. >> there's another case through the state of montana that may make it to the