jill wagner is at the new york stock exchange with that and more. orning, jill. >> reporter: good morning. tech stocks suffered a second day of steep declines mainly from big companies. the dow lost 36 points yesterday, the s&p finished two points lower, the nasdaq dropped 32. the number two executive at uber is leaving. emil michael is a close ally of travis kalanick. he announced his departure in an e-mail to employees. uber has been hit by a series of scandals. kalanick is considering a three month leave of absence from the company that he helped build. the children's apparel retailer gymboree applied for chapter 11 bankruptcy protection. it missed a june debt payment. it will close 170 stores. the filing should reduce the debt by $900 million. rapper and music producer sean combs is the highest paid entertainer according to forbes annual list of highest paid celebrities. combs earned $130 million from june 2016 to june 2017. beyonce held the second spot and j.k. rawling earned 95 million. and the latest example of the trump effect thanks to barro

jill wagner at the new york stock exchange. jill. >>> still ahead, saluting a former congresswoman. gabrielle giffords is honored with a new warship bearing her name. former congresswoman. gabri gabrielle giffords is honored with a new warship bearing her name. string of embarrasing scandals.... storm repairs starting today in the south bay could cause a whole lot of headaches for drivers... and president trump is back at the white house after a weekend trip to his new jersey golf course... details on the new lawsuit expected to be filed today accusing him of breaking anti- corruption laws... join us for kpix 5 news this morning... beginning at 4:30. shakes riding shotgun... whoa yeah. now, the world is your diner. with new denny's online ordering, get whatever you want, whenever you want, now wherever you want. order at dennys.com >>> here's a look at today's forecast in some cities around the country. >>> rafael nadal definitely earned a short rest after winning his record-setting tenth french open sick singles title. he won

jill wagner at the new york stock exchange. u so much, jill. >>> city ahead, mid flight surprise. an expect ant mother gives birth on a plane weeks before her due date. like an "unjection™". xeljanz xr. a once daily pill for adults with moderate to severe ra for whom methotrexate did not work well. xeljanz xr can reduce pain, swelling and joint damage, even without methotrexate. xeljanz xr can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal infections, lymphoma and other cancers have happened. don't start xeljanz xr if you have an infection. tears in the stomach or intestines, low blood cell counts and higher liver tests and cholesterol levels have happened. your doctor should perform blood tests before you start and while taking xeljanz xr, and monitor certain liver tests. tell your doctor if you were in a region where fungal infections are common and if you have had tb, hepatitis b or c, or are prone to infections. needles. fine for some. but for you, one pill a day may provide symptom

jill wagner is at the new york stock exchange with that and more. morning, jill. >> good morning, meg. health care stocks rallied after the senate unveiled its health care bill. although the dow lost 12 points, the s&p finished a point lower. nasdaq rose 2 points. kalanick was forced to step down tuesday by top uber investors. the e-mail says nobody's perfect but kalanick can evolve into the leader uber needs today. in recent months uber received allegations of ignoring cam plants. >>> facebook's holding its first community summit in chicago. ceo mark zuckerberg unveiled facebook's new mission, building community. zuckerberg wants to nudge facebook users into groups with problems, passions, and ambitions. he'll boost computer algorithms. >>> sears is closing nearly 60 stores in canada. sears canada is a publicly traded kpaechlt it was granted temporary court protection from creditors. about 3,000 jobs will be cut under court supervised restructuring. >>> and this may very well be the highest flying chicken ever. kentucky fried chicken plans to send a

jill wagner is at the new york stock exchange with that and more. good morning, jill. >> they're getting a chilly reception in the business word. tesla founder elon musk and general motors robert iger quit the white house advisory council. mary barra will not quit. they tweeted it's a setback for the environment and the united states leadership in the world. >>> well, the labor department released its jobs report for may this morning. economists expect that the economy add 17,000 new jobs and that the unemployment rate stayed at 4.4%. that is a decade low. in a separate report yesterday, payroll processor adp says the private sector added 253,000 jobs in may. that's encouraging. the dow gained 135 point, the s&p picked up 18 points. the nasdaq rose 48 points. >>> the meal kit company blue apron is going public. they're the innovator of in-home delivery services with ingredients and instructions sent to doorsteps in a box kit. they had sales of nearly $800 million last year. it plans to raise $100 million and plans to trade on the new york stock excha

jill wagner, thank you so much. >>> still ahead, a new exercise to battle parkinson's disease. >> i'mz. this boxing class is helping people fight back against parkinson's. i'll show you how coming up. this is boris calvo. boris grows mind-blowing coffee. and because we pay him a fair price, he improves his farm and invest in his community to make even better coffee. all for a smoother tasting cup. green mountain coffee. could be preventedrrent with the right steps. and take it from me, every step counts. a bayer aspirin regimen is one of those steps in helping prevent another stroke. be sure to talk to your doctor before you begin an aspirin regimen. i am totally blind. and non-24 can make me show up too early... or too late. or make me feel like i'm not really "there." talk to your doctor, and call 844-234-2424. you knew when you cast it they'd lock you up. but that didn't stop you. you traveled far and wide, and others followed. mothers, daughters, sisters, lions. and because together you roared so loud, i know my voice matters today. this summer, come celebrate new york state's equ

jill wagner is at the new york stock exchange with that and more. morning, jill. >> good morning, anne-marie. the federal reserve is about to announce a rate hike later today. this would be the third rate hike since december. they're looking at the views of the feds on future rate hikes. yesterday led by tech companies stocks rebounded. the dow rose 92 points. the s&p gained 11. both the dow and s&p closed at record heise. nasdaq gained nearly 45 points. >>> verizon's $45 million deal closed yesterday. yahoo!'s ceo marissa mayer is out after five years. she walks away with a compensation package worth about $127 million. yahoo! and verizon's e-mail and digital services will combine under a new subsidiary called open entertainment oath:. >>> a group of 30 entertainment companies including cbs are teaming up to form a worldwide coalition to fight online piracy. the alliance for creativity and entertainment includes amazon, netflix, and hbo. in 2016 streaming piracy sites made nearly $108 billion according to estimates. >>> well, timeinc is cutting abo

jill wagner at the new york stock exchange. ank you so much, jill. >>> still to come, a sweet surprise at a lemonade stand. a little girl gets some officer assistance as she tries to raise money. >> she now has thousands of brothers and sisters who are going to have her back for the rest of her life. back of thousands of officers for the rest of her life. vered. i tried lots of things over the years. but i didn't give up. i kept on fighting. i found something that worked. that still works. now? see me. see me. i found clear skin that lasts. see if cosentyx could make a difference for you- cosentyx is proven to help people with moderate to severe plaque psoriasis... ...find clear skin that can last. don't use if you're allergic to cosentyx. before starting cosentyx, you should be checked for tuberculosis. an increased risk of infections and lowered ability to fight them may occur. tell your doctor if you have an infection or symptoms. or if you have received a vaccine or plan to. if you have inflammatory bowel disease, tell your

jill wagner is at the new york stock exchange with that and more. morning, jill. >> good morning, meg. investors will be watching the which are due out this morning. the price of oil dropped for a third straight day to its lowest level since last summer. oil prices have fallen more than 20% this year. >>> stocks on wall street finished mixed yesterday. the dow fell 57 point, the s&p lost a point, but the nasdaq gained nearly 46 points. >>> nike trading was hire. the move helps nike control knock-offs and gives amazon a new source of revenue in the footwear market. nike already sells its shoes through department stores but nike has never let amazon sell its products directly. >>> samsung and major league baseball are teaming up to present virtual video. over 20 v.r. videos are expected to be released this season. they'll include highlights of all-star convenience and division championships. some will include close-ups with players and unrivaled views of ball parke apchat has ball parks. >>> snapchat has released a new map feature. snap map shows where

follow me on twitter @jill wagner cbs.'m jill wagner at the new york stock exchange. >>> several teenage girls are putting on lab coats with a mission in life. >> they are looking to shatter the ceiling of women in science. they're part of next gene girls, experience and hands on internship. some of the participants told us what it feels like to defy stereos. >> you don't see science ever. >> do you think girls make better scientists than boys? >> i think everybody is a good scientist. >>> time now 5:51. there's a new trend in wine country. we'll show you the technique that has vineyards ditching the oak barrels. ,,,,,,,,,,,,,, who are these people? the energy conscious people among us say small actions can add up to something... humongous. a little thing here. a little thing there. starts to feel like a badge maybe millions can wear. who are all these caretakers, advocates too? turns out, it's californians it's me and it's you. don't stop now, it's easy to add to the routine. join energy upgrade california and do your thi

jill wagner has that story and much more. >> reporter: right now futures are pointing to a lower opene markets are trading at record highs. the dow rose 62 points on friday. and the nasdaq jumped 59 points. job growth slowed in may. the u.s. is nearing full employment. most people who want a job can find one. facebook wants to be a hostile environment for terrorists and is working to remove extremist content. facebook and other social media sites increased criticism following saturday's attacks in london for giving terrorists a platform to spread their extremist messages. >> definitely a challenge. >>> we hear there's a new way to get your coffee fix at work. >> more companies are creating their own coffee shops in house. coffee drinkers spend about 62 hours a year buying coffee away from the office. and now offices are bringing in their own baristas. isn't the point getting out of the office? >> that's what i was going to say? there's definitely some reasons why you leave the office for a long coffee break during the day. >> i guess i wouldn't turn away free coffee or less expensive

jail wagner is at the new york stock exchange with that and more. good morning, jillgood morning, anne-marie. here gains by drugmakers and consumer focused companies were canceled out by banks and tech companies, so for a second day in a row the stocks finished lower. the dow dropped 20 points, the s&p lost a point, the nasdaq fell 4 points. >>> the u.s. government may have overpaid drugmaker mylan by as much as $1.2 billion for epipens. 's three times as much as three times the amount. epi pen treats severe allergy reactions. an analysis of epi pen payments covers a period from 2006 to 2016. >>> jetblue is testing facial recognition for check-in as a way to streamline boarding. so forget your boarding pass. passengers will step up to a camera, the camera will compare their face to passport photos in the u.s. customs database. you still need to bring your passport though. that test will be conducted next month in boston on flights from boston to aruba. >>> and a huge airborne rocket launcher is ready for testing. the stratolaunch was rolled out for the first time yest

. >> jill wagner joins us live from the new york stock exchange, good morning, jill, there is a lot on the agenda for wall street, what are investors watching. >>> well, like a lot of other people, investors will be watching today's testimony by former fbi director james come y and whether it will cause more political turmoil. if so it could delay president trump's economic plan that includes a major tax overhaul and other pro business policies. also, overseas british voters head to the polls today, teresa may called for a snap election in april, three years early, jan and rahel. >> you have to explain this one, i understand dominoes is having a movie night on facebook what is this all about. >> yes, if you want, you can watch ferris buehler's day off on domino's facebook page. dominoes is streaming the movie for freon sunday at 7:00 . this is to celebrate the 31st anniversary of the film, part of the facebook live movie night on the domino's page and there will be a pizza discount more people that watch the bigger the discount. >> buehler. >> buehler. >> i think that is a great idea.

jill wagner at the new york stock exchange. u so much, jill. >>> ahead, a first on "cbs this morning," "fortune magazine"s reveal this your's top companies. up next we'll take you to london where james corden is hosting a special week of "the late late show." >> some people might say it's a strange time to do a variety show from this city. i couldn't disagree more. this i can do, easily. i try hard to get a great shape. benefiber® healthy shape is a clear, taste-free, 100% natural daily fiber... that's clinically proven to help me feel fuller longer. benefiber® healthy shape. this i can do! i am totally blind. and non-24 can throw my days and nights out of sync, keeping me from the things i love to do. talk to your doctor, and call 844-214-2424. [ ominous music playing ]] ah! ah! ah! [ children laughing ] wooo! yea! have a despicably delicious breakfast with these special edition jars of nutella. you knew when you cast it they'd lock you up. but that didn't stop you. you traveled far and wide, and others followed. mothers, daugh

jill wagner is at the new york stock exchange with that and more. jill. >> good morning, meg. a slump in oil prices sent stocks lower. oil hit its lowest price mid-november. losses were widespread. the dow lost 61 points, the s&p fell 16 points, the nasdaq lost nearly 51 points. >>> the resignation of uber ceo travis kalanick is not the only change in store. they launched 180 days of change, they say, to improve the experience for drivers. first phase includes giving passengers the option to tip drivers in the app. others include penalizing te ii passenger for keeping the driver waiting and testing new things. >>> amazon suggests letting shoppers try cloektsing before buying. it's called prime wardrobe. they have a seven-day try-on period. they can drop off what they don't want at ups locations. they can also schedule a ups pickup. they get a discount depending on how much they need. >>> the ken doll is getting a makeover. he hasn't changed much since he was launched 56 years ago. mattel is introducing 15 new ken looks including different skin tones,

jill wagner is at the new york stock exchange with that and much more. od morning, jill. >> good morning, hena. t the dow gained 390 points up, the nasdaq finished up higher. >>> facebook says it wants to become a hostile environment for terrorists. in a stamtd yesterday facebook said we do not allow groups that enga engage. they're coming under increased criticism following saturday's attacks in london for not cracking down on extremists' online messages. >>> apple's worldwide development conference starts today in san jose, california. this year analysts are expected a siri tower speaker to compete with the amazon echo and google phone. they're expecting to work devices, play music and answer questions. >>> and "wonder woman" flexed her muscle at the weekend box office. the world's most famous female superhero took in more than $100 million in ticket sales its debut weekend. that's the top opening f for a women director, in this case, patty jenkins. "captain underpants" finished second followed by "pie ratrate the caribbean dead men tell no tales." >>>

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jill wagner at the new york stock exchange with that and more. good morning. >> reporter: good morning. the dow snapped a four-day losing streak despite some discouraging news on durable goods. the dow gained 14 points yesterday. the s&p added just under a point. the nasdaq lost 18 points. general motors lowered its sales outlook for the year. new vehicle sales now will be in the low 17 million range. the market is slowing down, one reason a glut of nearly new used vehicles. expected to undermine sales. the former chairman and ceo of delta airlines has been named the top executive at amtrack. richard anderson took over delta in 2007 as it emerges from bankruptcy. when he left in 2016 delta posted an 18% profit margin. amtrack is starting a summer long maintenance project at its busiest hub penn station in new york city. it's expected to disrupt travel for millions. >>> and if you see your credit score jump next month here's why. starting in july, the three main credit reporting companies will no longer include tax liens and civil judgments in the

. >> jill wagner at the new york stock exchange for us. thank you. >>> still to come.ne. we'll meet a chef who's cooking up something new as more states move to legalize marijuana. i was always "the girl with psoriasis." people don't stare anymore. i never joined in. that wasn't fair to any of us. i was covered. i tried lots of things over the years. but i didn't give up. i kept on fighting. i found something that worked. that still works. now? see me. see me. i found clear skin that lasts. see if cosentyx could make a difference for you- cosentyx is proven to help people with moderate to severe plaque psoriasis... ...find clear skin that can last. don't use if you're allergic to cosentyx. before starting cosentyx, you should be checked for tuberculosis. an increased risk of infections and lowered ability to fight them may occur. tell your doctor if you have an infection or symptoms. or if you have received a vaccine or plan to. if you have inflammatory bowel disease, tell your doctor if symptoms develop or worsen. serious allergic reactions may occur. see me to know..

. >> money watch's jill wagner joins us live this morning from the new york stock exchange, good morningjill. >> market stat dollars week with a slight sell offer watch are investors watching today? >> well the feds start two day policy meeting this morning. most analysts expect that the fed will decide to raise interest rates again. we'll find out when the meeting wraps up tomorrow afternoon. jim, rahel? >> i'll be watching. you know me, i get panic from my 401k to these crazy changes. >> i understood, a food chain is making a change to hire people. what's the latest thon one? >> mcdonald's is hiring 250,000 new employees in the u.s. over the summer. and they're doing it with the help of snap chat. mcdonald's will play ads on the snap chat app. then viewers can swipe up to start the application process. mcdonald's named this a snaplication. >> and the kids are on the snap chat, probably who they're trying to get. >> exactly. >> the cooler adults, just you and i just not cool enough. i'm in the same boat with jinx i'm not on snap chat. but it makes sense. >> i'm with you guys. >> i'm on

jill wagner at the new york stock exchange.so much, jill. >>> still ahead, saluting a former congresswoman. gabri gabrielle giffords is honored with a new warship bearing her name. forecast in some cities around the country. >>> rafael nadal definitely earned a short rest after winning his record-setting tenth french open title. he won over stan rwary ka. >>> roxana saberi reports. >>> out of thousands of ships commissioned by the navy, this is only th6 woman and the first named after a living woman since martha washington in 1776. >>> the honorable gabrielle giffords escorted by her husband. >> i thought of you in my darkest days, the soldiers, sailors, airmen and marines of the united states of america. we ask so much of you. despite danger you say yes. >> the navy told former arizona congresswoman gabby giffords a warship would be named in her honor back in 2012, the same day she decided to resign from congress to recover from an assassination attempt the year before. former secretary of state hillary clinton praised the dec

. >> good news, money watch's jill wagner joins us live from the new york stock exchange, good morning, jill. >> reporter: good morning jim and rahel. futures pointing to a lower opened, yesterday the dow jones fell 57, nasdaq gained 45. oil dropped to the lowest price since last summer on word of the global over supply and less demand, that is bad news for energy co but good news for drivers. triple a says national average for gas is four cents lower than last year at this time. >>> nike says it will sell its products directly on amazon and help nike control knock offs and gives amazon yet another source of revenue in the footwear and parallel market. shares of the foot locker and other sneaker sales fell in the news. >>> and it isn't just for drinking but smell like your favorite summertime wine with deodorant from cosmetic, and comes in the limit add digs, brunch box set with scents like momosa and sangria. of course it does, jan and rahel. >> do you want to smell like alcohol. >> no, i don't. i try not to smell like alcohol. >> isn't the point to couch the smell of alcohol. >> yes,

. >> money watch's jill wagner joins us from the new york stock exchange. good morning, jill. good news for people on the hunt for a job what can you tell us about that. >> the number of job openings in the u.s. hit a record 6 million, highest number since the labor department began tracking, about 16 years ago. hiring did fall and fewer people quit their jobs, experts say that the numbers suggest businesses are struggling to find qualified workers as the unemployment rate drops, jim and rahel. >> i understand we are planning a trip this could be a good time to book, why is that? >> because southwest is offering a three day sale, one way fairs as low as 49 bucks. deals are good until june 8th, tomorrow, there are some restrictions, for example low fares can't be used for domestic flights on friday and saturday, international travel can't be, can only be done on tuesday and wednesday, but either way, good deals to be had and they are for after the summer, so those are good for planning a trip for august, september, october. >> i used to be a big fan of southwest and i still am

. >> money watch's jill wagner joins us live from the insuring stock exchange, good morning, jill.housing numbers show it is getting tough to buy a new home, what is the latest. >> reporter: good morning. housing shortage is pushing prices to record highs national association of realtors says median price of existing homes has hit a new high of $253,000 which is autopsy above 6 percent from just last year. low unemployment and mortgage rates have hike up housing prices. >> well, this is good news if you are george clooney as if being clooney isn't always great enough, now he is at the center of a huge liquor deal, jill. >> yes, he is selling a to keeley brand he helped found for billion dollars. clooney and, two partners started four years ago. liquor giant diego will pay 700 million up front and 300 million over the next decade if the brand reaches certain milestones but clooney says he will continue to be part of that brand, starting with a shot or two. jan and rahel. >> here's the thing, i didn't realize he had a to keeley company. >> was it well known. >> fairly well known, i t

. >> jill wagner joins us live from the new york stock exchange, good morning, jill, so lots of changes >> well, the ceo of uber is out, travis kalanick stepped down from the contact that he helped create back in 2009. new york times reports that new york board members wrote a letter demanding his resignation, many questioned kalanick's leadership following report of widespread sexual harassment and discrimination at the company. kalanick will stay on uber's board. jan and jim. >> i don't think this comes as a surprise but i understand that uber's making changes to help the drivers out, jill? >> reporter: yes, this is a whole image overall, the company is now adding a tipping feature to its app, this comes at the request of drivers. it will start charging customers by the minute if the driver has to wait for more than two minutes, so all of this, like i said designed to turnaround image, uber is not having the best of luck recently jim, jan. >> i use ate lot. >> me too. >> drivers are always nice, cars are fine. >> i wonder should i tip or shouldn't i. >> now there will be a way. >> tha

money watch's jill wagner joins us live from the new york stock exchange, good morning, jill. >> reporter: good morning, jim and rahel. futures pointing to a higher open, yesterday tech stocks rebounded and dow jones jumped 92 points, nasdaq rose by 45. uber ceo taking a back seat, he says he is taking a leave of absence for an unspecified parent, grieving his mother who died last month and figure out how to be a better leader. former attorney jenner i can holder recommended he be relieved from duties after investigating sexual harassment and bullying claims at the company small small victory for air travelers american airlines is backtracking from a plan to create the tightes coach seats in the industry, american says it will still cut leg room on the new boeing 737 but no longer make three of those road even more cramped then the others, american said it made decision after hearing from some very frustrated customers. >>> lady gaga is teaming up with star bucks on a new line of colorful coffee drinks called cups of kindness. they will donate 25 cents from each drink to gaga born this wa

. >> and macy's and sears are in the spotlight this morning, money watch's jill wagner joins us live om the new york stock exchange, good morning again, jill. >> reporter: good morning, jim and rahel. futures pointing to a lower open, dow jones who 47 points yesterday, nasdaq finished 20 points lower. more bad news for country's biggest retailers, shares of the macy's hit a six year low after the company warned that profits could be weaker then expected, and macy's new ceo says the brandies still valuable but it need to do bed der, telling customers about their low prices. mace a estimate add a rooftop with restaurants and green space. meanwhile sears is closing an additional 66 stores as a way to cut costs this includes 49 k-mart's and 17 sears locations, mess will close by september, sears already announced 180 closures. >>> june is internet safety month, and google is spearhead ing a campaign to teach preteens about on line safety. the program is called be internet awesome. it includes video game allowing players to battle cyber bullies, hackers, and scammers. game free. available

. >> and the market have the mission this morning, money watch's jill wagner joins us live from the nework stock exchange, good morning, again, jill. >> reporter: good morning, jim, rahel. looking at the big board, future right now pointing to bit of higher open. yesterday, the dow lost 36-point, nasdaq fell 32. we will see if the tech sector can bounce back today, market started the week with a sell-off. the biggest names in tech, like facebook, apple, took hit for second straight trading day. i'm concerned the sector over valued. >>> gymboree has filed for bankruptcy. plan to keep most of their 1300 stores open while working to reduce nearly a billion dollars of debt. the latest retailer to file for bankruptcy protection as shoppers keep moving on line. >> and, the latest example of the trump effect thanks to barron trump. the president's 11 year old son, wore t-shirt sunday, that said the expert, made by jay crew, cost 29 bunk 29.50. that shirt sold out by monday. jim, rahel. >> isn't it funny? because the obama's used to buy a lot of stuff from j crew. j crew seems to be the preside

. >> jill wagner joins us live this morning from the new york stock exchange, good morning, jill. >>o it is jobs day on wall street. what's wall street expecting for the jobs report? >> the labor department release that is jobs report for may this morning, before the opening bell. economists are expecting about 176,000 new jobs were created, the unemployment rate 4.4%. that's a decade low n separate report yesterday payroll processor adp said the private sector added 253,000 jobs in may, which is a lot more than expected and point to strong job growth. again, that report comes out before the open today. so definitely will impact the market. >> good news indeed. jill, no surprise here. fewer people are taking their hour-long lunch break. that's actually hurting the restaurant industry. >> yes. lunch hour could be going away of fast machines and vhs tames. the group says americans made 433 million fewer trips to restaurant at lunchtime last year. that is taking a $3.2 billion bite out of business at restaurant t comes as more workers are eating lunch at their desk. i'm not surprised by