rich gal fond the ceo of imax. have you. >> great to be here. >> there is a lot of talk about the fact that netflix is moving into the original movie bs thank you fact they are doing it with a cornerstone in the theaters as well. >> it started about a year ago we were approached by netflix and we talked about a number of different titles over the last year. and i'd say over the last month or so it coalesced around crouching tiger. and i think the way we looked at was there were two kinds of ways to watch a sporting event like a baseball game. you can go and be at the game or you can watch it on television and i think we thought of this experiment of what happens if there are two ways to release a movie. one at home and one in the premium imax format would audiences come. and this is traditionally the slowest time of year and we thought it would be a good idea to try it out. >> you saw the conversations coalesced around crouching tiger. were there other movies you were discussing and was this the right fit for relea

now the film is getting the imax treatment. imax's ceo will join us next to explain why.hing cnbc. first in business worldwide. >>> welcome back. tomorrow is apple's big day. everyone's talking about what we should expect to see. iphone. iwatch. what does apple need to do to impress? with us now to discuss, max wolf, larry fishelson and our panel. welcome to you both. max, what do they got to do? >> thanks for having me. always a pleasure to join you. i think we'll see more than it takes to razzle dazzle. the questions with the big build-up of the share price and the fact or the rumor are better but the aa chip and what it can do, the mobile payments, the full sized iphone, long needed and anticipated arriving. i think we are going to get the iwatch and the fashion press to goo and gaa over it and knock the cover off the ball tomorrow. the question is, the real test the next few weeks. >> sounds like your answer to that is everything. larry, do you agree they need to do everything or one or two things really well? >> no. just a couple things well. we know they do the phon

imax had a fairly big role in it.ovies that worked really well and some that didn't. but i think there's some common threads you can find as to why things worked and why things didn't. cheryl: to your point, you all have been expanding in china. there's more imax theaters opening up in china, so that's where you're seeing the global growth. do you think it's because we didn't get a superman this year, we didn't get a bat match, we didn't get an xmen, a bond movie? >> there was an xmen -- cheryl: oh, was there? i need to get out more, sorry. [laughter] >> what i look at are movies that people say you've got to see, and you have to see them in a theater, and i think the last movie that happened to was gravity where everyone said that's a movie you have to see and you have to go to a theater, preferably an imax theater, to see it. it's our third highest-grossing movie of all time. there hasn't been one of those movies in the last six or seven months. there have been some movies that have done really well but not movies t

imax and watching a football game on tv a la netflix. michael? >> exactly. not going to end. >> it's not ending? people are going to see movies. >> well, when i was around, tv was supposed to kill movies and it didn't. it provided a different venue. this culture is all about choices, it's all about pampering the consumer. i went to a chicken finger restaurant yesterday, there were 30 different sauces. everyone is a gossip columnist, everyone has a cell phone. everyone has a facebook page. and now you have a different medium to see your movie. you don't have to wait until it streams. it's already open on opening day in your own home. and i think it's okay. if the theater chains are forced to lower their prices which are inflated, that's okay with me. >> there is a huge change, though, i found myself having two conversations at dinner parties, et cetera, over the last couple of days that i feel like fewer people, and maybe this is just my circles, fewer of us are going to the movies, but we love sitting like, you know, with our phones and our laptops and sitti

. >> there's 3d and imax and then there's this. brand-new way of seeing movies debuts in the bay area. how it's bringing you closer to the action than ever before. ook at the muni st >>> the backbone of san francisco's transit system is on track for a much-needed major expansion. this is the muni at church and duboce in san francisco just as rush hour starts. not too crowded though right now. now new plans to nearly double the fleet of trains. muni secured a $1.2 billion contract with siemens rail system and just this week, the board of supervisors gave the thumbs up. that means 260 new light rail trains are on track to be manufactured in sacramento before arriving in san francisco to bolster the fleet in 2016. >> subway service is the heart and soul of the muni system. these will ensure that we have more reliable service immediately. >> muni says short term, the new cars will help ease crowding and congestion. the long term, the new fleet will be ready to handle the growth in ridership. muni hopes to have the mayor sign the contra

there's 3d and imax and then there's this. a brand-new way of seeing movies debuts if the bay area bringing you closer to the action. >> and we ask you this question daily, what's cool about your school? email your nominations to us at coolschools@kpix.com. we may come and feature your school on the show. but the show didn't go off anned. andria borb >>> last flight was a big night for kpix 5. we premiered thursday night football. the show didn't go off as planned. andria borba explains the ray rice scandal meant a big time music artist was dropped from the pre-game show. >> reporter: from the recording studio to the halls of congress, the nfl's domestic abuse issue is having far reaching repercussions. cbs announced they were pulling a prerecorded intro to thursday night football by rhianna. according to sports marketing expert bob dorfman, rhianna suddenly became a hot button for cbs. a victim of her own very public case of domestic violence combined with the content of the song she recorded for the ravens steelers game. >>

it looks as storm chasers doing their thing out in the field in imax format. it should be spectacular. for your chance at four tickets go to wgntv.com slash contests and register to enter. we are looking forward to seeing folks there. >> on mondays, i do spinning. wednesdays... yogalates. i also love getting deals on vitamins and supplements see on day a i go to store c for vitamin d3. and day e, zinc from store y. and multivitamins from multiple places. why not just go to walmart? low prices without... all of this. let it go. thank you. get your vitamins and supplements at walmart. never wait for a sale again. everyday low prices. in-store and online. save money. live better. walmart. because we believe that doingo talk to fthings rightour auto insurance? is more important than just doing them fast. and...because we don't want you to miss out on things like accident forgiveness... ...where we forgive an accident every three years without raising your rates. talk to farmers and get the coverage you want, not just the coverage that's fast. ♪ we are farmers bum

. >> netflix partnering with imax. why not a more traditional theater?in this particular case, i think. only will this lead itself ash lend itself to traditional stream like imax but for them, a way to get around the resistance from some of the major theaters. those theaters, we do not expect to play this title. i think what i must bring to the table is a relatively limited number of outlets that can showcase the potential for a title wake this to be streams with the release. i think the take away here is the beginning of a new paradigm that can shake of the industry for a long term. >> what is the likelihood netflix can be as successful as it has been with " house of cards" and "orange is the new black"? >> that is right, but they're batting record has been excellent so far. they have talked about ramping it up to 10% of the total programming spent. they have gotten more creative with their original programming. we think there a few years out from that target. ultimately, i think, as you said, you are as good as your last release. we think there are kin

of sunday september 21st we will be showing a special screening of tornado alley at navy pier the imaxater there. i will be there talking before the film. for more information and your chance at four tickets to go go to our website/contest and register and we will be announcing the names of the winners or contacting them and letting them know. it is supposed to be a great film. following tornadoes in the field in imax format. >> just to go to the movies with tom skilling. >> have not seen it yet myself so we will all see it together. we will report back to you guys. -[ laughing ] -yeah! ♪ it was the best day ♪ it was the best day yeah! ♪ it was the best day ♪ 'cause of you we make a great pair. -[echoing] great pair. -huh? progressive and the great outdoors! we make a great pair. right. totally. uh, that's what i was thinking. hmm. covering the things that make the outdoors great. now, that's progressive. call or click today. you fifteen percent or more on huh, fiftcar insurance.uld save yeah, everybody knows that. well, did you know that playing cards with kenny rogers gets old pretty

. ♪ ♪ >> el lanzamiento en imax de forrest gump nos presenta la versiÓn remasterizada de esta gran pelÍculas que nacen en medio de la pobreza de la gran depresiÓn. son separados y dados en adopciÓn a diferentes familias. en edad adulta desarrollan su pasiÓn por la mÚsica, pero por caminos distintos. uno llega el Éxito, y su hermano lucha por encontrar un propÓsito en su vida, y asÍ se convierte en el idÉntico, una copia de su hermano. "good help the girl" nos presenta la historia de una joven que comienza a escribir canciones para tratar de superar sus problemas emocionales. se encuentra con dos mÚsicos que al igual que ya estÁn intentando encontrarle una soluciÓn a los suyos. un dato curioso de esta Última cinta es que fue primero un disco que luego se convierte en una pelÍcula musical, ya que el autor habÍa recopilado canciones que consideraba mÁs para un grupo de chicas. asÍ pasan las cosas, esto es todo de mi parte, no regresÓ con ustedes para estudiar. >> gracias daniela, chayanne se despidiÓ de argentina, pero dio tremenda sorpresa a sus fan llegÓ sin avisar a centros comerciales, y a

is telling us reflections for the summer not so great that we will have the president of imax comingp.m. hour. not getting this thing backed. before we go anywhere, had to show this to you. records broken everywhere win 530 people decided to stres drep as batman and go to their office. the largest gathering ever recorded in the history of the world of course. a bit of a dance craze with hundreds of cape crusader's rocking out to jams such as the ymca. thank goodness "the guinness book of world records" was on hand so they could verify this was largest gathering ever. can you imagine you go to work in the coworker says i have a great idea for work tomorrow, we're all going to be showing up dressed as batman. are you in? >> it is always fun, i bet. >> i am so in. i am a total batman. melissa: you guys have 544 friends. an idea whose time will never come, the culinary disappointment of airplane food delivered right to your house. and robots reach their pinnacle. the droid sure to be a hit at the frat house and your house. "smart money" on the way. [ male announcer ] automotive innovatio

it's in imax only, so you can't see it in a regular theater, but you can see it on netflix.ave of the future? >> well, netflix does a great job from the consumer standpoint where its inclusivity. if problem from an investment standpoint, they don't tell me enough about what their costs are and what they're getting in these deals. we have this exclusive, we have this deal, this deal. but out didn't break out -- it doesn't break out for investors what it's paying. melissa: it feels like the amazon model where they're saying we're just amassing people and people, but, yeah, you know they spent 100 million on "house of cards," you can imagine what they're spending on this. when you make something, that's who you want to bring it to. from an ambassador point of view, that's scary. >> they're just sharing costs. it's not like they're getting something for nothing and had won some big deal here. >> reed hastings has said content is really expensive. used to be they paid for content that had already been added elsewhere. now it's straight to netflix. >> and, finally, today is the da

part two of "crouching tiger," premieres in august on netflix and imax theaters. this is a new model nor movies, and netflix hopes to show hollywood what movie lovers want. >>> we have a look at the dress and wedding photos of mr. and mrs. george clooney in venice. the gorgeous bride and oscar winning actor are on the cover of "people," magazine and she looks stunning in a custom french place wedding gown featuring off the shoulder neckline. the actor who wore armani said marriage feels "pretty damn great." sorry, childrens. they made a deal with "people," and "hello," to publish the first photos and both will have more exclusive photos of the lavish ceremony in this week's issues. >>> "do or die" for the a's in kansas city as they take on the royals in the person leak -- kansas is having the first playoff in 29 years and thousands showed up to see them practice. lester will take the round for the a's and shields for the royals. >> giants are in pittsburgh ready for the wild card game against the pry rats. we were there when the giants boarded the bus and bumgarne

crouching tiger, hidden dragon, the legend, set to be released in 2015, to be released on netflix and imax theaters, shares rose up to $451.18. >>> european union regulators revealed details in a letter today why they believe that tax deals granted to apple in ireland were illegal. authorities claim that ireland avoided international tax rules by letting apple shelter profits in return for maintaining jobs. apple says it has received no selective treatment. despite all of this shares of apple were up slightly to $175.00. >>> follow up to the current window's 8 operating system to be known as window's 10, the company skipped number nine in naming the new software. the universal flagship is aimed at capturing the new business market. shares were off to 36.46. >>> and walgreens reporting a loss in the fourth quarter after the huge accounting charge from its recent acquisition of the swiss beauty company, alliance boost. it also warned that profits will continue to struggle because of lower drug reinvestment rates, stock closed at $59.27. >>> mixed news in housing to tell you about, the house

the movie will premiere next summer the same day it's released into select imax theaters.>>> it looks like olivia benson is looking for backup in a three night crossover event. the characters of "law and order," "svu," "chicago pd" and "chicago fire" will all collaborate on a case that stretches from chicago to new york. >> a lot of fun on set. >> that's a lot of characters. >>> for all you queen b fans out there, it may be time to go back to school. professor at harvard business school is performing a case study about the surprise album released by beyonce last year and whether it was a successful strategy. the 829,000 copies that sold in the first three days might suggest it was. you're enjoying that, otherwise it is snoozy. study beyonce, right? >>> the cast of magic mike is growing. elizabeth banks, michael strahan as well as, who else, they will join channing tatum for -- bill karins is what i wanted to say. if you can't wait, strahan previewed some of his moves while interviewing tatum two years ago. >> he can move. >> he can. >> good sense of humor and still in grea

the release will hit imax theaters, and also on netflix.est on tech and media every week, only on "bloomberg west." this one,e big story also intact, we have been reporting that ebay is planning to spin off its paypal business. fromly bowing to pressure carl icahn, after the better part of the year denying it, saying they were better together. garner,us now is mark the founder and ceo of north american bankcard, a private payment processing company that handles more than $16 billion in transactions the year. they were closely with paypal. great to have you on the program with us. thanks for coming on was that short notice. you do business with paypal. given this play, is there going to be any change in your relationship with them? >> yes. we have worked closely with paypal, and we continue to work closer with paypal, and helping them achieve their goal of into the brick and mortar world. they are on a more level playing field with mastercard and discover. >> does this move make sense? >> it does. they have done a good job of attracting a ne

. ♪ ♪ >> el lanzamiento en imax de forrest gump, la historia protagonizada por tom hanks, que contÓ lacorrido por la historia reciente de los estados unidos. "the identical", en 1936,2 hermanos gemelos son separados y dados en adopciÓn a diferentes familias. y ya en la edad adulta y sin conocerse desarrollan su pasiÓn por la mÚsica, pero han tomado caminos muy distintas. mientras uno celebra como una gran estrella su hermano ryan lucha por encontrar un propÓsito en su vida. y asÍ se convierte en el idÉntico, una copia de su hermano famoso. ganadora del premio especial del jurado al mejor reparto, "god help the girl" nos presenta la historia de una joven que comience a escribir canciones para superar sus problemas emocionales y se encuentra con dos mÚsicos, que al igual que ella, estÁn intentando encontrarle una soluciÓn a los suyos. un dato curioso de esta Última cinta, fue primero un disco que luego se convierte en una pelÍcula musical, ya que el autor habÍa recopilado canciones que consideraba mÁs para un grupo de chicas. asÍ pasan las cosas, esto es todo de mi parte, regresÓ al estu

talking with the ceo of imax. we are going to be looking at a new business model in hollywood.ng up with netflix for the release of a sequel to crouching tiger hidden dragon. it's different in that you have it in the movie theater and netflix at the same time. street smart with trish regan at the top of the hour. coming up come argentina finds another way to go around the u.s. court ruling on its debt. ♪ >> it's time for today's latin america report. argentina makes another move to get around the u.s. court ruling banning it from hitting its overseas debt. depositing $161 million from bond payments in a state-run bank. this complicates things, doesn't it? >> it does. what they have done is they've had originally asked for the original bond trustee to step down from their position. prohibits in the u.s. this money being transferred to bondholders because i haven't paid -- they haven't paid holders from 2001. argentina has -- even though the intermediaries has not stepped down, they deposited the money in a local argentine bank. they're basically saying the money is there, come a

netflix has teamed up with imax and harvey weinstein.pendent people that can do what they want. >> how smart is harvey weinstein to do this? >> well, he's, i'd say, very smart. and i'd agree. he's a guy who basically operates like a studio chief but independently. he doesn't have shareholders to answer to. he has business control and creative control which is rare. >> it's inevitable. as soon as we realized that the quality was possible, this was going to happen. >> i feel like it's going to eventually happen. give the people what they want. you got a number of companies that don't want to do that. >> you can't stop technology. >> people there are saying harvey weinstein, stop coming up with ideas. >> i love "crouching tiger." i'm very excited about this. thank you, mike. >>> an nfl player scored a touchdown and said a prayer and it cost his team 15 yards. we're going to show you [ female announcer ] this is our new turkey cranberry flatbread before we craft it into a sandwich. the amazingly tender roasted turkey -- always raised without

imax pass your welcome to the kaiser report yet what happens when as you saw after world war one a bunch of european countries just show up in the middle east and draw lines all over the map and say oh he's in the new countries we don't care about the history culture well flashforward twenty four and you end up with islamic state or isis facing exactly a max it looks like fox news and do it republicans are right it looks like we might have an islamic state in the world islamic state now resembles the taliban with oil fields the islamic state which now controls an area of iraq and syria larger than the u.k. maybe reason more than two million dollars a day in revenue from oil sales extortion taxes and smuggling according to u.s. intelligence officials and anti-terrorism finance experts so it sounds to me like it's running its operations a lot like the u.s. operations the islamic state is a bold new start up i mean think about all the startups they have they're all disrupters i think they take advantage of social media they've got ready access to currency they're able in this case to do two

netflix has teamed up with imax and harvey weinstein. independent people that can do what they want. >> how smart is harvey weinstein to do this? >> well he's i'd say, very smart. and i'd agree. he's a guy who basically operates like a studio chief but independently. he doesn't have shareholders to answer to. he has business control and creative control which is rare. >> it's inevitable. as soon as we realized that the quality was possible this was going to happen. >> i feel like it's going to eventually happen. give the people what they want. you got a number of companies that don't want to do that. >> you can't stop technology. >> people there are saying >>> high pressure building overhead. a couple of patches of fog this morning. a little thick in the north bay valleys but already broken over the bay. a lot of sunshine into the afternoon. and in fact probably going to sweep away the low clouds and the fog and warm up the temperatures outside. the next few days going to be very very nice. expected high of about 78 degrees in san jose a

the it is being released in imax. do not waste extra $3 in imax.n't expand to the full screen. i gave it three out of five. good matinee. pg13 but not for young kid. very violent. very similar to hung are games. >> this is where i leave you, i'm exited to see tina fey. a a lot of people are talking about this one. >> based on a popular book. cool thing is author of the the book adopted his own screen play and that is very, very rare because you generally want a book given to hollywood these changes are made. same thing happens with gone girl her book ace adopted by her as well. very cool in that sense. the father pass's way and four siblings are forced to live under the same roof for one week, dying wish of the father. they have s hiv a. the idea is there is drama. tina fey is fantastic. jane fonda delivers her best performance. the she's funny in the movie. running joke about her body which is funny which you cannot mention here. >> yes. >> it has a surprise ending, right. >> the the ending is surprising. i thought it was a bit out of the characte

this is out of the imax movie, if you have not seen it, i highly recommend it, it's called ""star spangledanner". it has wonderful illustrations as well as animations about some of the aspects of the war of 1812. and what you're looking at here is a still -- and i know the lighting is not very good here so you probably can't see it that well because of the extreme light that we have, but it is showing the navy yard burning on the night of august the 24th, 1814. and if you were able to look at it very closely, you would be able to see ships that were in the water, ships that are up on land, all of them burning as well as most of the structures but you can look and you can see right there that latrobe gate is not burning. the taney house is not burning. quarter b is not burning but what is also interesting is that you can make out -- there's two additional bridges that are burning and these are also structures that were burnt by the americans. they were not burnt by the british. so we're talking about the stoddard bridge, the upper bridge that would be essentially where east capitol street i

host: would you like to see these manuscripts that we just saw online so that everyone can see that imaxes, there is a website which does contain those images and here is his chair, charles dickens chair and his calendar sets to the day that he died on june 9. and the story goes that when the collection open in october 1940, mayor laguardia was invited. but they had it is a tradition that the mayor who was a rather robust gentlemen, supposing that that was the only non-original part of this. >> that is not a documented story. >> that was what is fascinating in the tradition. >> you for showing me your collection. >> it is my pleasure. >> this week, the national book foundation announced their long list for the national book award for nonfiction. the list will be shortened to five nominees next month in preparation for the announcement of the winner on november 19 in new york city. this year's national book award long list titles for nonfiction are roz chast, "can't we talk about something more pleasant", "john demos, "the heathen school", a story of hope and the trail and the urge of the

in theaters i'm well aware of it which is why i sit in the back row at imax theaters, i don't want toe the screen hard for the person behind me to see. it would kill you to put the seat a little back, why do you have to put it all the way back so you are in someone's lap? >> what is wrong with the people that they can't -- neil: it's your generation, not mine. we're as kind as we can do. >> there are things you can do before you land the plane. you can pay for economy plus seat. there are ways to avoid the conflict, it seems out of control. >> might help if they gave us a little more leg room. neil: you are one step away from being the fourth. we have the latest on the de we've never sold a house before. (agent) i'll walk you guys through every step. there are a lot of buyers for a house like yours. (husband) that's good to know. we're changing the way we do business, with startup ny. we've created tax free zones throughout the state. and startup ny companies will be investing hundreds of millions of dollars in jobs and infrastructure. thanks to startup ny, businesses can operate tax

. >> forest gump is being rereleased in imax, to coincide with the 20th anniversary of the original release in 1994. it will be in theaters for just one week. forest gump won six academy awards including best actor tom hanks and best director. i'm in this movie. >> this is 20 years ago. >> i was in this movie. >> i was an extra. >> you were. >> in the scene where he is playing for alabama crimson t id e football player i'm one of the thousands in the stadium. it was filmed at los angeles city college over the summer, and it was pretty funny. tom hanks came out, screwing around between takes and he kicked field goals. it was a two day shoot, all day. >> second day he limp, he could hardly walk. he was showing off first day. how often do you you use those legs and muscles. >> that is cool. >> so he is a great guy waving to the fans the whole time. >> he is a good guy. i always like him. >> of course now we're late on weather on the one's. >> that is all right, great story, thanks, chris. >>> weather and traffic on the two's as well this morning. war looking clear with the view of ultimate dop

there's 3d and imax and this. brand influence way of seeing movies day -- a brand-new way of seeing movies debuts in the bay area. how it's bringing you closer to the action. >> we may be in a drought but i happened to find red raindrops. "where's roberta?" as the news continues right here on kpix 5. ,, ,,,,,,,,,,,, (prof. burke) the more you learn about your insurance, the more gaps you may find. like how you thought you were covered for this... (pirate) ahh, haha! (prof. burke) ...when you're really only covered for this. (pirate boy) ahhh, haha! (prof.burke)talk to farmers and get smarter about your insurance. ♪ we are farmers bum-pa-dum, bum-bum-bum-bum ♪ police responded to a call oakland road and commercial street just after two this morning. a woman was pronounced dead at the scen >>> police responded to a call at oakland road and commercial street in san jose around 2 a.m. this morning. a woman was pronounced dead at the scene. and this is a live look at the scene right now. police are working to figure ou

it will debut on netflix and a few imax theaters.icrosoft expected to give us a first look at the next version of windows. no confirmation from the software giant but desktop users hoping the next operating system is friendlier than windows eight. and the old photo booth may soon be replaced by a shapie booth. it scans you then creates figurine using 3-d printers. a british supermarket chain owned by wal-mart has created 10 of them which creates the ultimate in selfies. those are your tech bites. i'm tj holmes. >> i'm getting weird feelings >> 6:18. running out of time. the warning period is almost over for three red light cameras in montgomery county. >> mother nature throws flying ice on neighborhoods in colorado. karen. >> storm tracker 6 live double scan with our radar showing us that we do still have some showers in new castle county moving into salem county, new jersey. i told you those showers were about to hit cape may and we could see that right now. fog is another issue. i'l hi, i'm henry winkler and i'm here to tell homeow

eleven bedroom, it has six waterfalls, a 30 car garage and your very own imax theater.es a home like this go for? as you can see down there it is the most expensive, mansion ever. >> kind of pricey. >> i was surprised where it ties. >> it is by the water, i can see that. >> florida? >> well, there is a hint, yes. >> okay. >> were you surprise by that, a lot of super pricey homes down there, key largo. >> it might be in california somewhere, maybe hamptons. >> nope, that is a little too much for them. >> how much dit go for, sue serio. >> well, beyond us so what do we care judge 150 million. >> how many bathrooms and wednesday rooms, i mean how many do you need. >> as long as i don't to have clean it but when you got that kind of money, you don't to have clean your own home. >> he probably doesn't even live there full-time. >> more than you need. >> it is a look now at our planner for the day. plan on some clouds around this morning but a pretty nice start with temperatures in the upper 60's for most of us. now north and west of the city, it is in the 50's but not exactl

. >> and it is rereleased on imax. >> scott, we're handing it over to you. of course the coverage of the ipo continues all day long. >> it's been fun and we'll take it from here and talk to more traders, more analysts. i think we have a ross levinson who former interim ceo at yahoo as well to discuss the entire issue of the alibaba's issue and what it means for yahoo and everybody else when we come back. bulldog: quarterback takes the snap... oh, he fakes a handoff and he's making a run... 'cause mattress discounters fall kickoff sale ends sunday! through sunday, save up to $300 on sealy posturepedic and serta mattress sets. even get 24 months interest-free financing on every tempur-pedic. you're going to love their football field-size selection. this calls for a little touchdown dance. mattress discounters fall kickoff sale ends sunday. ♪ mattress discounters >>> it is a historic day. alibaba making its debut in a big way. opening just before noon eastern, $92.70 a share. well above expected range of $68 a share. jack ma has been here on the floor all morni

an imax home theater. not just any home theater. an imax. 1300 gallon aquarium. >> is this the versailles they made the movie about? >> i don't know if this is it. a garage for a parking for 30 vehicles, 17 bathrooms, 60,000 square feet of living spate. outside there's an invinty pool with a waterfall and water slide. >> i wonder if it's the same one from the movie. >> there's a agreement documentary. the queen of versailles. >> but didn't they not finish it? >> i think they still own it. i think they still own it. >> i'm going to look this up. >> i think this may be them selling it. we will see and we will tell you the answer when we return as a tease. how about that? >> i'd rather by 10 $14 million houses, i think. wouldn't you? i would. >>> up next -- and i don't even need that many. maybe five. up next, alibaba taking to the road. plus gm ceo mary barra speaking exclusively to cnbc. is she really changing the company? and what is the future of driving to her? when "squawk box" comes back to her. here's a look at u.s. equity futures still

on netflix and also in imax theaters.over with and watching house of cards, orange is the new black. that stock is to the downside. facebook hitting a new high. ever corporate core. a $95 price tape did judge napolitano is next. ♪ hard it can be...how ...to breathe with copd? it can feel like this. copd includes chronic bronchitis and emphysema. spiriva is a once-daily inhaled... ...copd maintenance treatment... ...that helps open my airways for a full 24 hours. you know, spiriva helps me breathe easier. spiriva handihaler tiotropium bromide inhalation powder does not replace rescue inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells,... you can get hives, vision changes or eye pain, or problems passing urine. other side effects include dry mouth and co

would go back to when steve jobs was trying to the product line and consolidate with new mac send imax. that was a seminal moment for the company when they were saying here is what our future is. this is a big deal. it is also a big deal because in ways that apple has never done in decades past, they are tied to the carriers on the way the carriers sell things. there is a big upgrade cycle about to be unleashed because so many cell phone users are at a point in their contract where they can get a new phone. apple, with these phones, will have a much more welcome audience. it is already a huge business. they are doing over 150 million units in the last fiscal year. over $90 billion in revenue for the iphone alone. it is a giant business, getting bigger, potential for tremendous growth. >> that is saying something, from where you are standing, this could be bigger, not just them the ipad in 2010, but the iphone in 2007. mentioned $91 billion. 91 billion dollars for one fiscal year for one product category. that is crazy. there has never been a product that has sold as well as the iphone.

the movie will be released globally in select imax theaters.neouslye released on netflix. >> she does it without paying attention. >> the single most stunning headline here a bloomberg. joins janusoss capital. i did not believe it. there was the headline. the ramifications reverberate. the fixed income industry and to you as we figure out what to do with our fixed income investments. we should say, i am doing an in fullth invesco, disclosure. we should also say that you are not an executive of invesco, you do not speak for management. should our viewers be worried about volatility wherever they own the fixed income? i am not an executive. i am the strategist. when we think about markets, we would like to take a step back. there is the diversions of central banks and the economies. we think of that as continuing to have impact on volatility going forward. expect volatility to be higher. >> they are written by media people and they are responsible and important. have you seen changes in the last 48 hours? >> we have seen credit sectors underperfo

private imax theater. of moments ago that is marble, that alone was $2 billion that this guy spent. it has the big ocean view. it is a trust that owns it. he wants to spend more time on his yacht. now he wants to be on his yacht more. you say selfie on this. can i sell you on a french chÂteau? i can sell you some other stuff. we will discuss it after the show. take a look at this, please. it is sold at auction this weekend. proceeds will benefit motility work. $250,000 for that ford f150. it holds and annual national truck driving championship. you have to maneuver your big rigs. can you imagine, paul branded took the top spot. fifty-five years old, father of two. he has never had an accident. he joins us now. i have seen this contest, by the way. i have seen you guys compete. let's show some video of what you have to do to gain this top driver spot. >> we had a parallel parked. stuart: you have to reverse in and parallel park within inches. >> yes. they give you 4 feet longer than the length of your trail

bedrooms 17 bathrooms, because, you know you never have enough bathrooms, and the first ever in-home imaxll the moving trucks yet. construction isn't done. the price tag, $139 million. >> i just want a little cottage to see the waves come in. >> that's what's wrong with america. >> i want to know how are the schools? do they have a good school system? >> do you have children on the way? >> if i did, that's a big story. somebody ought to interview me if that happens. >> a spirit of perseverance. we'll show you how wounded warriors are coming together around the world thanks to prince harry. that's ahead on "cbs this morning." >> announcer: this portion of "cbs this morning" sponsored by cadillac. so, forget the gold watch; grab the brass ring... you don't need anyone to tell you that success is yours, because you're busy... ...seizing it... ...drafting it... ...tuning it... making it. the new 2015 cadillac ats. when i crave a smoke that's all i crave. that's where this comes in. only nicorette gum has patented dual-coated technology for great taste. plus nicorette gum gives you intense cra

but they want the imax experience. they want the himalayas. c-span: did you have any interest in buying any of the things you found there in rei? >> guest: i found a pair of hiking boots there. i was going hiking, so i bought a pair of hiking boots. but the--you know, i travel around this world and i have some tangential connection to parts of it. i like--when--i like the big kitchens. i can't afford it, but what i write about is not--it's not an autobiography. i'm writing about a world i'm reporting on. it's not all me. c-span: burlington, vermont, and other latte towns. what's that? >> guest: yeah. burlington, vermont, is a fantastic place. it's possibly the most left-wing city in america. they've sent us our only socialist or independent congressman, bernie sanders, and it is filled with aging hippies. c-span: home of the university of vermont. >> guest: the university of vermont. ben & jerry's ice cream is the most famous place there. ben & jerry are everywhere in vermont. they're like big brother. they've got si--pictures of these two guy

president obama's on a mission to shut down ebola imax coal industries. look at peabody down 66%.ive years ago. all for natural resources down 92% in five years and the big one down a whopping 95% under president obama's leadership. jeff flock joining us live, outside of a plant in hammond, indiana. could clean coal technology open that place up again? >> they're already deconstructing it, this is the state line power plant between indiana and illinois. one of the nation's biggest electric generator, that is going away. unintended consequences for the environmentalists because the use of the technology is enabling the plans now to burn illinois call which is more dirty. they could not burn it before because it was too dirty to burn. eventually burns better. they can use it to use that. there is the use of coal from the illinois basin. look at the map, it is a huge deposit of coal. that could be 160 years worth of coal for the nation. it is now they are, because of the clean coal technology being employed, it will be able to be used again. stuart: i take it the environmentalists do

they celebrated awards, and it's in imax this week, and hanks was asked which people in history would if the movie was made today? he says, quote, all the political figures would be too obvious so forest would have chat the up mark zuckerberg and the twins how it's nice if you had a book showing a person's face and make a friend. zuckerberg, i get, the twins -- a stretch. >> i don't know about that. mama said he would have gone high when waters rise in hurricane katrina, there to save people, nice as well. what a character. coming up, did you nail the number? find out who the lucky winner of this cnbc's pullover is signed by the whole "squawk on the street" gang. i signed it on david's back. we'll talk to the winner when we come back. when fixed income experts work with equity experts who work with regional experts who work with portfolio management experts that's when expertise happens. mfs. because there is no expertise without collaboration. where the reward was that what if tnew car smelledit card and the freedom of the open road? a card that gave you that "i'm 16 and just got my

. >> the palace has a first ever, imax theater made for private use, innovative features including costume security system with an air conditioned kennel for your dogs, audio system and complete sound proofing throughout. >> air conditioned kennel for my dogs is called my home. i don't have a special spot for them. could that guy get more excited. he was reading it off a q card, you honestly, seriously. it is still to be perfected. expected to be completed next year. it is currently the most expensive home in the u.s. market right now but it will have some competition. there are two homes in california that are going to be listed for 150 million-dollar a piece. they are not on the market just yet but they will be. they have trumped this by 11 million. >> will those homes have eight waterfalls, like what is the the difference. >> what do you need a waterfall for. >> it is relaxing, the the sound is very relaxes. >> very fung sway. >> it is annoying. a all that water makes you want to pea all the time. >> yes. >> you run in the waterfall. >> yes. >> so somebody with some kind of bladder diso

so who wants to guess what the bottom 60% of the american people own imax. >> what you have? >> the answer is 1.7%. and let me say that again. the top 1% owns 37% of wealth in america and the bottom 60%, everyone in this room, together, 1.7% of the wealth. the top one 10th of 1%, 13,000 own over 23% of the wealth in america. and that, that is not what america is supposed to be about. we are a democracy and not an allegorically. [applause] and so today, the walton family, one family owns more wealth than the bottom 40% of the american people. in terms of income, that is what we make every single year. the last statistics that we have tell us that 95% of all new income generated, have we seen some recovery? yes, we have. but for the middle class, it doesn't matter much whether the growth of 2%, 3%, 4%, 95% of all new income generated since the wall street crash goes to the top 1%. brothers and brothers and sisters, we have to do a little bit better than that. working families deserve a piece of the action. [applause] and everyone in this room is concerned about education and we

this is out of the imax movie that if you have not seen it, i highly recommend it, it's called "star spangled banner anthem of liberty." it was released about a month ago. it has some wonderful illustrations as well as animations about some of the aspects of the war of 1812. and what you're looking at here is a still -- and i know the lighting is not very good here and so you probably can't see it that well because of the extreme light that we have. but it is showing the navy yard burning on the night of august the 24th, 1814. and if you were able to look at it very closely, you would be able to see ships that are in the water, ships that are in ordinary up on land, all of them burning as well as most of the structures. but you can look and you can see, right there, that latrobe gate is not burning. the tingey house is not burning. quarters "b" is not burning. but what's also interesting is that, can you make out -- there's two additional bridges that are burning and these are also structures that were burnt by the americans. they were not burnt by the british. so we're talking about

the movie is going to be released simultaneously on netflix and selecting imax theaters. >>> in washingtonc., the secret service director will be forced to answer questions before the house oversight and government reform committee. at issue here the most recent fence jumping incident at the white house. a man got all the way into the east room before secret service stopped him. remember, this is someone who had a knife, who hopped over and made it all the way in through several layers. i think originally it was five layers of security that he had to get through. even more than that if you break all the way into the east room. that does have a lot of questions as having people start to question just the secret service budget, whether they were understaffed whereaboutses there's been a lot of turn overabout it -- xwl and whether they lied about it. >> well they never gave an official report. >> but the early indications of how it was explained was they got him right inside the door and -- >> the secret service never put out something. but yes, you can -- by omission. >> whenever there's a m