joseph a bank is withdrawing its offer to buy $300 million of its stock. n's wearhouse will be purchasing joseph a bank for $65 billion to add to earnings in its first full year and we will continue to monitor these headlines. we will keep you updated. >> this is "lunch money," on bloomberg television, streaming on your phone, your tablet, and bloomberg.com. big news out of gm -- congress is launching an investigation as to why the world second largest automaker took 10 years to recall 1.6 million faulty vehicles linked to 13 debts. gm plans to conduct its own investigation led by anton the lehman probed brothers downfall. the national highway traffic administration is giving gm until april 3 two explained the decade-long delay. company culture of slow information from the engineering ranks to the corner office may be at issue. tm investigated faulty switches in 2004 but on march 4, the new did noty barra says she learn of the situation until a few weeks ago. that goes for the other top executives but industry experts explain it this way -- at the old gm, p

well men's warehouse came up with a suitable rival to buy joseph a banks bidding war. seph a bank tried to buy its larger rival. men's warehouse shot down that bid known as the pac-man d dedefense. combined company will have more than 1700 stores making it the fourth largest seller of men's clothes in the country. you're going to love the way you look, i guarantee it. >>> the european union is launching a cheese war with the united states. it wants to ban american-made cheeses from marketing european names like parmesan or feta. they said only cheese made from parme should be called parmesan. and cheese called feta should be made in greece. america's cheese industry is not ripe to the idea and is up for a fight. they'll resist e.u. demands in an ongoing trade negotiation. i wish they worked that quickly in other matters. >>> talk about a tough place to launch a business. two men in texas have poured a lot of money in a vodka venture not far from the scene of this demonstration in the ukraine. >>> and one of america's most popular spirits. you're watching "real money." k

. >>> mens warehouse could be close to a merger with joseph a. bank. the two companies are exchanging confidential information and could reach a deal this week. they have turned down men's warehouse before. the back and forth between the two companies started in october when joseph a. bank made bids to purchase men's warehouse. >>> we're finding out how much the government shutdown hurt the national parks. the shutdown cost parks at least $414 million in revenue. and parks make a lot of money for their communities as well. the park service said the golden gate national parks generated about $470 million for communities and supported more than 5,000 jobs. >>> by now everyone knows about ellen's selfie at the oscars. it became the most retweeted post in history. >>> however, a local police department says we can beat that. take a look, they gathered for this phototh this morning. i think they're better looking. with this picture they're looking to see how many retweets public safety can get. help us beat hollywood. best public safety picture ever. >>> hol

it's official -- men's wearhouse and joseph a bank have a deal. men's wearhouse will buy joseph. a bank for 1.8 billion dollars.the two mens clothiers have been in a heated back-and- forth for months over which outlet would be taken over - or sold - to the other. the deal has men's wearhouse buying its smaller rival for cash at $65 per share. that is above the company's prvious bid of $63.50 per share. darden restaurant group files plans to spinoff its red lobster chain. and reportedly is still pursuing a possible sale of red lobster .. if a spin-off goes through shareholders would receiver one share of the new red lobster seafood company stock for every share of darden that they own. mcdonald's takes action after another round of disapppointing sales results. the burger chain says it will refocus on basics while still introducing new items and simultaneously promoting its breakfast menu. all this according to mcdonald's cfo pete bensen. as we told you yesterday, mcdonald's global sales fell three-tenths-of-a percent in february, a bigger-than-expected drop. popular greek yogurt m

taking a look at joseph a. bank just reopening on the news that it will merge with men's wearhouse, a deal valued at $65 a share for joseph a. bank. totaled $1.8 billion consideration. you can see it's trading just under that there. the thing is, guys, when you strike one of these deals they often throw in two or three for free. >> yeah. right, or maybe more. >> very nice. >> good point. >> very nice, bertha. trader blitz. retail edition. four trades on four stocks. macy's hitting an all-time high. upgraded at wells to out perform. >> nothing too negative for macy's. i would say macy's is performing better than any other retail and the stock is reward you for that. it can continue to move higher. >> urban beat, the retailer also issuing a cautious outlook for the current quarter. josh? >> scott, the real headline here is a 9% slide in same-store sales. that's no buono. i won't be betting against it. it has bounced from year before. i see no reason to buy it given trends of what analysts think about current quarter,

equities in recent weeks. >> pulling back to the big picture, there are a couple of companies we wanted to highlight. bank wearhouse, josephving closer to a potential merger. it would be a miracle. for have been in a battle five months. joseph a bank offered to buy the smaller company, $65 a share. we are also watching kroger. for "on the markets," -- ♪

men's warehouse is buying rival men's clothier, joseph a. banklion this ends a five-month merger drama which really began when joseph bank tried to buy men's warehouse. liz: the jobs outlook improving for the second quarter. manpower saying 19% of its more than 18,000 companies it studies and surveys,

joseph a. bank turned down men's warehouse before. the back and forth started in october when joseph a. bank made a fwid buy. >> kroger apparently approached safeway about buying up some of its stores. safeway has said it's considering a deal to plan to sell all of its stores. it's in talk with a private equity firm that also owns albertson's. by buying some of the stores kroger could help avoid antitrust issues in markets like the bay area where albertson stores exist. >> a new jersey teen is suing her parents claiming they threw her out of the home when she turned 18. rachel wants her parents to pay for her private school tuition and wants to force theme pay for college. the parents say their daughter left in october because she didn't want to follow rules or their curfew. she has been living with her best friend's family. the best friend's father is funding the lawsuit. they will be in court today. >> my house my rules i believe how that rhyme goes. >> paying the bills here. but you never know. there are two sides to every story. >>

joseph a. bankultant says the two companies are exchanging confidential information, could reach a deal later this week. joseph a. bank turned down men's warehouse before, the back and forth started in october when joseph a. bank made a bid to buy men's warehouse. meanwhile, kroger has apparently approached pleasanton based safeway about buying up some of its stores. safeway has said it's considering a plan to sell all the stores. it's in talks with a private equity company that also owns albertson's. buying up some of the safeway kroger could help avoid antitrust efforts in markets where albert son's exists. >> the president sent copies of his budget to capitol hill giving lawmakers a chance to see what he envisions for the future of america. courtney reagan live at cnbc head quarters with the details. good morning. >> good morning, scott. again president obama releasing his fiscal 2015 budget, the nearly $4 trillion plan dropped earlier proposals to reduce future social security benefits, it aims

. >>> men's warehouse and joseph a. bank will become a single fashion power house for men. based will pay 5% more than yesterday's closing cost. the merging battle began five months ago when joseph a. bank offered to buy men's warehouse. >>> new numbers today by the los gatos company showing 11% increase in streaming speed. that's when netflix allowed to pay comcast to directly feed videos to customers instead of routing content through a third party. verizon and at&t say they're looking into a similar agreement with netflix to improve the freedomming -- improve their streaming service. >>> inspectors with the food and drug administration today reported finding unsanitary conditions at roos food. the company has recalled a variety of its producting including many cheeses in it mexicana, amigo, anita, and santa rosa delima brands. >>> as farmers cut back on planting, crop yields are shrinking. >>> a popular cooling off spot in livermore may not be quite as much fun this summer taou to the drought. this is what the del val regional park. they have stopped taking reservations

. >>> men's warehouse and joseph a. bank will become a single fashion power house for men. based will pay 5% more than yesterday's closing cost. the merging battle began five months ago when joseph a. bank offered to buy men's warehouse. >>> new numbers today by the los gatos company showing 11% increase in streaming speed. that's when netflix allowed to pay comcast to directly feed videos to customers instead of routing content through a third party. verizon and at&t say they're looking into a similar agreement with netflix to improve the freedomming -- improve their streaming service. >>> inspectors with the food and drug administration today reported finding unsanitary conditions at roos food. the company has recalled a variety of its producting including many cheeses in it mexicana, amigo, anita, and santa rosa delima brands. >>> as farmers cut back on planting, crop yields are shrinking. >>> a popular cooling off spot in livermore may not be quite as much fun this summer taou to the drought. this is what the del val regional park. they have stopped taking reservations

men's wearhouse entering a non-disc is are packed with joseph a bank. ost the offer price. this is bloomberg "surveillance." ♪ >> good morning, everyone. bloomberg "surveillance." we deteriorate. -21 .30.the dead dow futures -100 87. further yen strength to a fragile morning. march 3 top headlines. here is cory johnson. >> today is the first day the story -- that the trial begins in south africa today. the blade runner accused of killing his girlfriend on valentine's day 2013. he was once listed as the most influential people and has pled not guilty to the charges. pimco turning more bearish on canada. cutting exposure to canada, cutting debts and half. they warned the canadian housing market is overvalued and prices will begin to fall this year. crackdown president on terrorism, following an attack of the train station that killed 30 three people over the weekend. a group of more than 10 stormed into the station saturday. no group has claimed responsibility for it the attack. >> scarlet fu with us. we look at the dynamic between i will say western china

men's wearhouse will buy its smaller rival joseph a. bank for about $1.8 billion. that ends a month long takeover battle. joseph bank agreed to terminate its deal to buy the privately held retailer eddie bauer. shares of both companies were higher today. men's wearhouse up to $57.14. joseph bank rose about 4% to $64.22 and j.c. penney got an upgrade from citi. it rates the retailer a buy instead of neutral. it says it believes the retailer can continue to deliver positive same store sales as it makes changing like updating its merchandise selection. another retailer, dick's sporting goods says fourth quarter profit rose almost 7% driven by an increase in sales. 9 ceo says they should see double-digit earnings growth per year. up to $56.57. >>> both fannie mae and freddie mac tumbling after lawmakers released a blueprint for a housing finance reform proposal. the senate banking committee said it would soon release a draft bill that would wind down the government-owned mortgage companies. that bill would replace the financiers with a new government reinsurer. fannie m

melissa: whether on wall street or means 3 years who's making money, joseph a. banked a definitive agreement with men's warehouse which will acquire shares for $65 and cash and up to $1.8 billion, unanimously approving the transaction, ending months of back and forth details. the two will have 700 scores. trading for both companies resumed, joseph a. bank of 4 present, men's warehouse up 5%. also making money, taylor swift counts the billboard's annual moneymakers list earning $40 million in the past year thanks to sales of red and 10 million downloads on the digital front. there is the $30 million she made from the road tour. others on the list include kenny chesney, justin timberlake it came in third with $31 million last year. keep crying that river, spend a lot of money on apps, should you the neil turns out he is a secret tacky, whose new. always on the lookout for the next cool things the shack says he spends $1,000 a week downloading stuff on his phone and tablet. if he was my get i would kill him including deer hunter games. all right. new study by manpower g

after months of back and forth it's a done deal for menswear hours and joseph a. bank. is buying its rival for $2 billion the combined company will have more than 1700 stores with the joseph a. bank outlets keeping their name. >>> as we mentioned congress is adding its name to the list investigating the way general motors handled a recent recall and nhtsa. congressman fred upton says the national highway safety traffic administration got larger number of complaints about the ignition problem over the last decade but gm didn't recall the 1 1/2 million cars until last month. upton said a hearing will be held soon. >>> disappointing report on job openings. traders were upset with the slate of retail earnings today and report that wholesale businesses increased their stockpiles in january. >>> the european union is preparing another round of sanctions against russia that could be in place by monday you about governments are divided exactly how much to punish russia for sending its military into ukraine's crimea peninsula. those are some of the hot stories on foxbusiness.com

to $65 a share and cash and terminate the current deal joseph a. bank that actually began with joseph a. bank's making an acquisition proposal to men's warehouse only to have men's warehouse turn the tables on it and it would be a successful pac-man defense, so to speak, when men's wearhouse unveils an our on its own. expectation given they got due diligence about a week or so ago from joseph a. banks that we might hear something. it does appear according to the times, not my reporting, the price is up from $63.50 for men's wearhouse, might go to 65 the f. they got due diligence and the termination of the eddie bauer deal. more intriguing is the fact you have men's wearhouse stock up gann a again and the potential transaction. we will await word from the companies but wanted to share that with you given the stocks are moving higher. joseph a bank's not discounted much there at 64.20. we'll take time. might be a tiny bit of antitrust. not necessarily good for some people who rely on their advertising. >> like newspaper? >> i can't imagine what you're tal

it's finally buttoning up a deal with joseph a bank after months of back and forth bids. the sale is worth about $1.8 billion in cash. it makes the combined companies a for the largest men's apparel retailer -- the fourth largest men's apparel retailer. bank will no longer bid to purchase eddie bauer. >>> the california dmv is trying to make sure the law stays ahead of technology when it comes to the driverless cars. mountain view-based google has already been testing such vehicles on highways and in neighborhoods. today the dmv is considering ideas on how to integrate the cars on public roads. concerns include data privacy and security and whether a human will have to be in the driver's seat when a computer is doing all the driving. >>> some frightening moments during an nhl game in dallas as the star's hosted the columbus bluejackets. stars forward rich peverly collapsed on the bench in the first period. more now from cbs news correspondent marlie hall. >> reporter: moments on the ice after hockey player rich peverly suddenly collapsed on the bench during the first perio

freddie mac tumbling after senate banking leaders announced plans to eliminate companies ask a new bill that will do it men's wearhouse reaching a deal to acquire joseph bank. a 56% premium to joseph abank share price when this started. u.s. military present on russian border is being increased, as many as 12 if/16 arrived in poland, deficien defense department, saying this was a preplan exercise. guided missile destroyer, remaining only one in the black sea, and 6. >> and on the ukraine border. all of this disci'spite despite a new few research show -- pew research shows, 56% say united states is note get involved. general, by just about 60% people say don't get involved. this administration is going in the opposite direct, is it not? >> they are. but i think they are doing the right things. it was probably same percentage when hitler took over the ryan land. then he took over austria, then over -- then americans did not probably 80% did not want it, i am concerned with what is going on. i think nato must show resolve, our european partners must show resolve, we must work this problem. this most dangerous situation i think we faisal mov face, almost

men's wearhouse, joseph a bank has reached an agreement to share the confidential information, movingswear rivals closer to a potential merger. >> looks like it is full steam ahead. for a long time, you know, the bank was resisting men's wearhouse, overturning the bid, beating it back, announcing a crazy deal to buy eddie bauer, making itself a your and more improbable. now the two are sitting at the table. banks looks like a hero because they are getting that $65 per share that it wanted all along. again, even if the two sides agree on price, it is not a done deal. >> there are many more hurdles. >> there are. this deal obviously raises some antitrust scrutiny, right? one thing i had been hearing is that if they want to be difficult, which they have been over this entire process, that could bring them some protection in case regulators do not sign off on the deal, which could make men's wearhouse somewhat uneasy, complicating the negotiations going forward. or example, often times unusually in these situations sometimes the acquirer in this case would demand something called a hell o

. >> effort by men's warehouse to abuy joseph a bank is finally done, ending a long process that began when bank first tried to buy it's larger competitor for $2.3 billion in october. under the deal, the company will operate 1700 stores with bank outlets keeping their name. george zimmer, i guarantee it is no longer with the company. >> the california coastline national monument today adding public lands to the monument meaning 1600 acres will now enjoy federal protection. u.s. mint designed it's first curved coin. mcfarland won a design contest with a simple illustration of a baseball glove the san luis obispo resident has been a fan since she was a kid and used an old family glove as a model. >> thinking about teamwork and friendship, i wanted to convey that in this coin. >> the coin curves in and out just like a baseball will not work in a parking meter >> but that is not the point. is it? >> i love what she came up with there. >> yes. >> a pharmacist went out of his way to help a 6-year-old girl who would co-not get to sleep because she was scared of monsters >> he prescribed a bot

speaking of integrating, men's wearhouse and joseph a bank is integrating. the deal ends a five-month takeover battle between the two retailers. they will also do a separate deal to buy another brand and $300 million of its own stock. a billionaire is renewing his attack on the nutrition and weight-loss company herbalife. he says that they violate direct selling laws. they responded saying that they remain confident in china. their chinese model is in compliance with regulation. caesars had a net loss after the largest owner of u.s. casinos reported losses. they lost $1.7 billion. dianne feinstein took to the senate floor today to take on the cia. she accused the agency of improper and possibly criminal actions by searching a special computer network. chief washington correspondent peter cook talked to senator marco rubio about the accusations. >> let me just say that i think that story has two sides. it is more complicated than what is being put out there. at the end of the day, there should be an impartial investigation as to what happened. you may find out

check the share price of men's warehouse and joseph a bank. itting new highs on reports men's warehouse is close to a deal to buy joseph a bank. they have been going backwards and forward for months on this one. looks like they might be close. the 25th time they might be close. was that warring or was that dynamic? we are all over 3d printing. call down a little bit. charles suggested each of the stocks many times. 3d systems, we cover them all. listen to what our parents gift set about 3d systems yesterday. >> that company makes machines, makes little figurines, jewelry, it is a glorified plato factory. stuart: recommended by charles payne. your rebuttal? charles: it is a playdough factory that will end up revolutionizing the industrial world at some point. it really will. you can argue the stocks got ahead of themselves little bit, but the stock has already pulled back, they should have been critiquing three or four months ago. i think they are bonds. we are already in 3d systems. it did get a buy recommendation. stuart: that is boring. new a

wearhouse, up slightly after they reached an agreement to share confidential information with joseph a bank companies closer to a potential after several-- failed attempts, raising stock to $65 per share if discussions reveal a higher price point warranted. mergers, there is no such thing as an exclusive merger. >> i was going to say that joseph a bank and men's wearhouse were getting on my nerves. i think that shareholders probably feel the same way. they want them to either consummate this thing or be done with it. >> unless you are getting an offer of 20 or 30 from a few months ago and now you are getting 365. >> i am just waiting for carl to get involved. >> the financial times, r.j. reynolds says they are employing a bid for a rival cigarette maker. any offer would be likely to value them at over $20 billion. although it is not clear if their plan to bid -- if they are planning to bid for all or part of the company. >> number three, darden, down six percent, the company is reported -- reporting diluted winter weather that caused lower sales and higher direct costs. snow. >> number two,

joseph a bank and men's wearhouse have entered into a nondisclosure agreement, indicating a possibler. they have participated in previous failed attempts to merge. the bid will be expiring march 12. the harsh winter weather continues to cause a headache for flight travelers. $5.3 billion in missed trips for passengers. snowballing d.c. and philadelphia caused a conflation of 4500 flights today. -- snow falling in d.c. and philadelphia caused a cancellation of 4500 flights today. >> all the earnings are in for major retailers. a conference bringing small business owners together, edens president and chief investment officer jodie mclean, and sid mashburn. just described to me what is the conference? what is the intention? >> the intention of the conference is to bring together some of the very best minds in retail, doing unique things. brick-and-mortar level, and integrating e-commerce and what they are doing. we have a specific point of view, and our role is to build community. our whole perspective is to bring people together in a human analog format. part of that is really bringing

men's wear house has sewn up a deal it acquire joseph. a bank.months over who would take over whom. it will create the fourth largest men's clothing retailener the u.s. >> spending time on the road, they know homecoming goes smoother if they come bearing gifts. turns out, president obama is one of those dads. >> while in new york, he stopped at gap to pick up a few things for the ladies in his life. he rejected a saleswoman suggestion of v-neck sweaters for his daughters saying he was worried they would slip off their shoulders. he chose button down crew necks instead. going for the conservative look there. after considering socks for the first lady, he went with a blue workout jacket. good choice. better than socks. >> spontaneous things in life after president. but the spokesman said the president chose the gap it make a pitch for minimum wage and show support for the chain's voluntary decision to increase wages. >> not just an innocent shopping trip. agenda there as well. he doesn't do this often because they said he had trouble swiping his cr

. >>> men's warehouse and joseph a. bank has reached a deal after negotiations. men's warehouse which has executive offices in fremont will pay $1.8 billion. >>> time is 5:53. a lawsuit against a bay area police department. why the mother of a 23-year-old man who drowned says it's the police department's fault. >> i was locked up almost 30 years for something i didn't do. >> freed after decades on death row. how an inmate in louisiana was finally cleared of a crime he did not commit. the great american novel. so you can happily let life get in the way, while planning for tomorrow. so you can finish the great american novel banking for the life you have investing for the life you want chase. so you can >>> >>> the balboa bart station is back open after a deadly incident on the tracks. police shut down the station for more than two hours during last night's commute after a man reportedly jumped in front of a bart train. bart began single tracking trains shortly after the incident was reported at 4:30 p.m.. that led to long delays for thousands of bart riders during

. >>> men's warehouse and joseph a. bank have reached a deal. pay $1.8 billion for joseph a. bank. the newly combined retailer will have more than 1700 stores in the u.s. >>> 8:48. sal? >> let's take a look at what we have. the road is going to be slow coming out of antioch. right when you thought it was getting better. there is an injury crash. it's partially blocking one of the lanes. westbound highway 4 just after the baypoint b.a.r.t. station and traffic is backed up for at least a couple of miles for the late morning commute. well, if you happen to get on the road after this point, you will see all of a sudden, it's much lighter and that might help you out because this crash is metering the traffic there. let's take a look at the bay bridge. that's moderately heavy as well. it's about a 25 to 30-minute drive time into san francisco. still have slow traffic on 580, it's getting better. 880 inning both directions is getting better as well. let's go to steve. >>> thank you, sal. a little breezy. maybe blustery for some. wind advisory ended at

men's warehouse is buying rival men's clothier, joseph a. bank, for $5 billion this ends a five-month merger drama which really began when joseph bank tried to buy men's warehouse. liz: the jobs outlook improving for the second quarter. manpower saying 19% of its more than 18,000 companies it studies and surveys, anticipating increasing staff levels. david: the commerce department said wholesale inventories rose .6% in january. the increase as mid-sales fell mostly because of bad weather. liz: "wall street journal" says the greek yogurt company, chobani, we know it, love it, pom any granite is my favorite, seeking valuation of $5 billion as it explores options to raise capital. an ipo is not imminent. david: meanwhile the bank of england will overall the way it works with financial markets, following criticism of the bank's response to possible manipulation in foreign global exchange markets. liz: sac capital, the epbattled hedge fund owned by billionaire steve cohen is changing its name. it will be known as point 72 asset management as the firm

war, men's warehouse announced it received a draft merger agreement from fellow men's retailer joseph a. bankies entered into a non-disclosure pact to exchange confidential information. >>> 195 million tablets were sold across the world last year and android beats out competitor apple to capture 62% of the global tablet market share. apple took 36%. >>> at last night's oscar host ellen degeneres took a star-studded selfie that broke a twitter record for most retreats with more than two million shares. the picture disrupted twitter service for more than 20 minutes. [buzzer] took the picture with a samsung phone and retweeted it with apple. david: a new report out calculates all the winter storms we've had this winter likely will cost travelers, passengers, airlines and airports nearly $6 billion. >> and another winter storm today, shut down the federal government in washington, also grounding thousands of flights, leaving travelers tranned nationwide. we put rich edson on the case inside the beltway. rich. >> it was coming down pretty bad earlier today. it stopped. when you look at all the sno

both gaining after men's wearhouse finally agreed to by joseph a bank for one point $8 million endingnth takeover battle. it felt like forever. i'm kind of dissipate -- i'm kind of disappointed it's over. tothey will determine exterminate the agreement with eddie bauer. they may not condition of the $65 per share bid. doesn't exist anyway. >> so you say. >> when the last time you heard of eddie bauer? back in the first generation ford explorer? the eddie bauer edition. >> that is how matt dates things, buy cars. >> reporting an increase in first-quarter profit as they continue to struggle about getting the brand back on top as a top priority. risingtronic arts been to its highest level since 2008 after the release of titanfall. it is the game for xbox one that people think will boost this console back over sony. ea got an upgrade from piper jaffray on the release. >> one of the worst performers in the s&p 500 down about five percent in the justice department is to approach the handling of a recall after they announced their own investigation linked are at least 13 deaths. they got the

joseph a. banks and mens wear house rising. we end with mcdonald's. making positive comments at the bank of america consumer and retail conference. bill, back to you. >> court, thank you very much. >>> if you have been to the grocery store lately, you have probably been hit with sticker shock. >> what's causing this food price inflation? it's happening globally. how long will it last? sara eisen is here. >> you have this unlikely group of factors that's driving up prices of commodities. a new report from the united nations shows food prices jumped last month by the most in more than a year and a half after a pretty long steady decline. look at some of the gains here according to this u.n. food commodity price index. cereal prices up over 3%. this is at global level. that's january through february of this year. vegetable oil, nearly 5%. dairy up 3%. sugar up 6.2%. meat was down but those prices have been rising. you've got abnormal weather, not just in the united states, also in brazil and other places where these commodities come from. you have suppl

. >>> joseph a. bank and men's warehouse entered into a agreement. last week, jos. a.ould be willing to talk about a higher offer after last week's rejection offer. >>> and "12 years a slave" took best picture. "gravity" did not win that contest but it did take home seven other oscars. the most of any film. when i think "gravity," becky, i think what a great country that we're in and i have no issue with sandra bullock and her payday there. her up front was 20 million and she got a percentage of how the film did, which was 50. she made 70 million. i say, you go, girl. >> you go, girl. that's right. >> maybe someday a ceo that's really good, who is in charge of 200,000 employees and hundreds of thousands of shareholders and is a great corporate citizen, maybe someday he'll be worth a tenth of sandra bullock or a guy with a good fastball, a good lefty with a fastball. >> you know who i thought was really cool who i got to talk to recently? may jemison, the first african-american woman to go into space. she saw "gravity" and said it was great having a woman up there. alth

that's how much men's warehouse will pay for a maryland-based joseph a. banks. n's retailer. next, $5,000. a month. that's how much carnival cruise passengers want for a disastrous voyage after a fire on the ship left them stranded at sea for days. finally, $5 million. that's how much a new york man won from a scratch-off ticket. he says it was a spur of the moment purchase when he stopped to avoid a traffic jam. now let's listen to elizabeth with a great story. >> that's right. fox news alert for you now. it is a story we have been telling you about all week. 7-year-old josh hardy fighting for his life, battling a curable virus. but the drug he needed to survive had been him until late last night when the manufacturer under intense pressure from a grassroots and social media campaign announced that josh could finally receive the critical drug he so desperately needs. josh's mom is with us now. amy hardy. it has to be truly a good morning for you. >> indeed it is. it is a glorious morning. we're so grateful that we got the great news last night and we're just loo

. >> have you seen what happened to men's warehouse since it moved to acquire joseph a. bank. >> oh, my. >> you're looking at it. >> oh, my. >> that's not really helpful, is it guys? i was hoping for a one month, that's what we're looking for. down sharply. >> it looks good there. >> the point was show the last month. we produce these things ahead of time but what can you do? also odp -- hey, look, there it is. >> wow, that's horrible. >> that's horrible. comcast our parent company the deal was worth $158 a share not that long ago and it's worth $141 the stock has been coming down. look at that. what you've got is people taking in risk and when a hedge fund takes in risk across disciplines typically they'll pull back on risk arbitrage, and that's one area. they are not setting this up because it's an all-stock deal, so they are. comcast -- charter and liberty this morning continue to pressure this deal by soliciting votes against it. they had their slate out there but charter and liberty come out this morning in a filing and say we are soliciting actively against the current

. >> men's warehouse, joseph a. bank make sense to you? >> i think it does make sense.ps at jcpenney, some argue the progress is great but you have to do double digits in the back half of the year. is it realistic? >> i think double digit growth is realistic overtime. >> over time. >> they gave guidance in the 3% to 5% range and i think that, you know, in the first part of the year, and i think that over time -- over the course of the year you'll continue to see accelerated growth. they are relaunching the home business right now and i think you're going to see consumer traction but i think that's for the team to talk about their growth rate. >> let me take you to broader retail themes at the moment. it seems to be we've had a lot of bad news about retail. through the holiday season we were talking about heavy discounting and overcapacity. then we've gone through now the beginning of the year two months of very bad weather. from the contacts that you clearly have throughout the industry what is the mood at the moment and what are people going to do with inventories and

joseph schultz was shot twice in the face, those men with no ids and no insignia, they were chasing a bankhe robber was not joseph schultz, but joseph schultz got shot anyway. what happens when the fbi agent shoots anybody is the agency that investigates what happened is almost always the fbi itself. these are records on 70 people who fbi agents have shot and killed over a 20-year period, from 1993, roughly to 2011. fbi agents shot and killed ee0 people in that time weird, in every one of those instances the shooting was reviewed by the fbi itself internally and in every one of those instances, in all 150 of those shootings, the fbi determined that the shooting was justified. they're 150 for 150. but when this white hat fib sho fbi shooting happened in -- in the joseph schultz case, a number of subtle but important differences surrounding the details of the case. joseph schultz sued and five years later he was awarded $1.5 million for being wrongly shot in the face for doing nothing wrong. but the government admitted no wrong doing in the shooting. 150 shootings, zero admission of wrong do

joseph schultz was shot twice in the face, those men with no ids and no insignia, they were chasing a bank robber. one who was wearing a white hat and traveling in a red car with a female driver. the robber was not joseph schultz, but joseph schultz got shot anyway. while reaching to unlock a car door that a screaming fbi agent told him to unlock. what happens when the fbi agent shoots anybody is the agency that investigates what happened is almost always the fbi itself. a few months ago, "the new york times" used the freedom of information act to get these records. these are records on 70 people who fbi agents have shot and killed over a 20-year period, from 1993, roughly to 2011. fbi agents shot and killed 70 people in that time period and shot and wounded 80 people so 150 fbi shootings all together. in every one of those instances, the shooting was reviewed by the fbi itself internally and in every one of those instances, in all 150 of those shootings, the fbi determined that the shooting was justified. they're 150 for 150. but when this white hat fib fbi shooting happened in -- in the

a suburban office complex. >> the bank was fairly steep. >> medical examiner joseph burton had to hold on to a rope to get down> he had a ligature mark on his neck like if somebody had a ligature and they were behind you or off to the side behind you and they closed their hands or fists together and pulled the ligature, basically. >> in other words, killed from behind. >> most likely, yes. >> all right. let me place another sample on this side. >> state crime lab scientist larry peterson attended the autopsy. >> i can recall at one autopsy pulling a fiber off of one of the victims. it was a green carpet fiber and mounted the sample on the slide, went over and looked under the microscope and it's the same one. >> you knew right then? >> knew right then. >> it became apparent it's another victim of atlanta's child killer or killers. >> local television carried these pictures live from the crime scene. >> as it was studied, it became apparent it was one of the three children listed as missing. we're told the child's body -- >> sheila baltazar got a call from her mother. >> she say, they found another body. she sa

joseph are advising bank. gilbert harrison, aegend in the retail advisory business as the chairman and founder -- thank you for joining us. wins outdge fund because it owned about 5% of joseph a bank and 10% of men's wearhouse. they got out pretty well in the end. that is something we will continue to monitor. are you wearing joseph a bank? >> no, this is somebody else. a new bowtie. >> do you? >> i literally wearing my father's hand-me-down blazer here. >> you need a blue statement with the brass buttons. >> that was the first advise tom keene to me when i came to bloomberg. >> buy a blue blazer? are you going to prep school? >> he is a good-looking man. >> coming up in the next hour, we will talk to the man who cs.med bri what is your ackerman -- acronym? tweet us. ♪ >> good morning, futures -4. this is "bloomberg surveillance." i am tom keene. scarlet fu and adam johnson with us. you have some headlines. >> do you play candy crush? king digital makes the game. crazy numberome like one million a day. at $21 tot the ipo $24 a sh