the conditions that i speak of are negotiating with miss lipton and are as follows. number one, sales, service, and consumption of alcoholic beverages shall be permitted from 3 p.m. to 12 a.m. daily with the exception of the holiday, new year's eve t may be allowed to sell and service the beverages until 2:00 a.m.. and number two, the sale of beer beverages for off sale consumption is strictly prohibited number three, no noise shall be audible beyond the area of the control of the license, as defined on the applicant, abc 257 form and number four, the petitioners shall be responsible for maintaining the litter and the area adjacent to the premises. >> and loitering, it is defined as to stand by idly about and as prohibited on any sidewalks or property adjacent to the licensed premises under the control of the license, as depicted on the applicant's abc 257 form and lastly, number six, it shall be equipped with power to eliminate and make easily decertainable the appearance and conduct of all persons on or about the premises and additionally the possible of such slidi

the city and county of san francisco. >> if we could hear from the applicant, and from this, miss lipton. >> good morning. >> good morning. my name is mary lipton and i am opening a wine bar called tender and i have applied with the local alcoholic beverage control for a type 42, beer and while public premise license, it will be a small wine and food, serving small batch wine and craft beer on tap and feature local cheese and plates and desserts and local chocolate. it will operate, 6 days a week from 3:00 to 12 a.m., sunday to wednesday and 3:00 p.m. to 1 p.m. on thursday friday and saturday and i expect that 70 percent of revenue will come from wine and beer sales and 30 percent from food and special event fees and art sales, i am well suited to operating a small business in the city of san francisco and experience of machining and training a staff and ordering product and maintaining the bookkeeping. the staff will train for food safety and beverage experience and will be experienced in the hospitality industry, on average i expect to have three to four full time employees myself incl

conference call, the company beating still, shipping numbers for iphones and ipads, our own josh lipton spoke with him before apple's call, josh will join us coming up, microso forth earnings fell short of expectations while revenue beat. that call at 5:30. will they give details on the job cuts? we will bring you the headlines as they come in, our traders tonight, let's check it off here with apple. >> listen, i don't think it was too unexpected here. i think the call is going to give us a sense for how they feel about this. the trade has been trading off profit cycle sent im. if you have been in this for wearables, all that other stuff, it doesn't matter, it matters about these two iphones coming out. they beat on gross margins, that is the one thing that has stock unchanged. i don't think anyone was going to sell it on this quarter. that probably makes sense when you think about how complicated these two new iphones are going to be. this is new for them. they will do two sizes in one period. that usually puts pressure on mar jens and to enter a few category like an iwatch or somethin

i am josh lipton. get all of your business news on cnbc. >>> and then spreading the word.here's a $50,000 grant available as well as two $25,000 grants. we are looking for fresh ideas that move our community forward. if your nonprofit shows new and improved programs, apply. go to the website, nbc10.com for more. >>> here is another live look at the deadly fire in southwest philadelphia. this comes from sky force 10. ten row homes have been charred. four children are confirmed to be dead, and two others are in the hospital in addition to the crews that are still out there making sure that the hot spots are out, we know the american red cross the southeastern pennsylvania is on the scene not only to provide necessary items like food and clothing and also emotional support. we'll be right back. >>> going down the shore this summer got more interesting. sharks off the east coast is urging. find out what a local expert says could be attracting the frightening fish. >>> soccer frenzy kicks into high gear thanks to the world cup. but will anybody care now that the u.s. is out? we

josh lipton tells the story. >> reporter: uber has a lot of fans among consumers. nava startup is taking aim at business travelers. uber for business letting users bill trips to the company. users will be able to toggle between payment options which means business travel can be expensed while personal trips stay personal. uber is partnering with a travel management service with 25 million people as well as american express whose card holders will add double points. >> it's about making the experience of using a card for business purposes better for both the employee and corporate account expense manager. >> reporter: this is another big growth opportunity for uber valued at $18 billion. that's about the size of hertz and avis combined. it follows an announcement that lets homeowners rent out spare rooms to strangers. they announced a partnership and introduced its service for business. both startups are trying to cash in on the fast-growing market for business travel aiming to disrupt global brands like hilton and marriott. they are expected to generate $1.2 trilli

more from josh lipton on what this all means for consumers. >> you're getting a quick overview of all the activity. >> your phone is free again. the house of representatives passed a bill on friday to let consumers unlock their mobile devices in order to use them on competitor's wireless networks. the president says he looks forward to signing the bill which has already cleared the senate and reverses the 2012 decision by the u.s. copyright office. why does it matter? most mobile phones are tied to a particular network, consumers sign long term contracts. consumers first have to get permission from their carrier or face legal ramifications, the new bill eliminates that, also, unlocking phones gives them a second life, making them cheaper options for customers who can't afford new phones with expensive wireless plans. keeps phones from landing up in landfills. the sec announced a voluntary agreement with the major wireless carriers that may be easier for consumers to free up their phones. consumer rights groups say the current bill takes it a step further. while it's unclear what the i

josh lipton has more. >> reporter: amazon's ceo jeff basos is very clear about his company's mission. invest for the long term, measuring company success by market share, customers and revenue growth. if that comes at the expense of near term profitability, so be it. that business strategy was obvious in amazon's latest results. sales at the e commerce giant jumped over 20% and $19 billion but expenses surged even more as the company was spending money on faster delivery, video content and new devices like set top boxes and smart phones. that pressured spending profits. amazon posted a wider than expected loss and forecast losses for the quarter ahead. >> they said we will keep investing the money. we will generate very little margins in the process but top line will continue to grow. >> reporter: in the past, investors acre cemented this lack of profitability because they agreed that basos' vision of trying to grab as much market share as possible but amazon's latest round of investments looks more ambitious and that's worrying shareholders. the current investment cycle is different

josh lipton has more. >> reporter: there is a lot of excitement about apple's next generation of products expected to be in stores this fall. from the iphone 6 to the apple i watch, the company is poised for a big fourth quarter. >> we expect the iphone 6, 5.5 inch, we go to china a lot, that will be important in asia, as well as elsewhere in the world but especially asia and china and the i watch is a fall watch. i think those are two very exciti exciting products. >> reporter: as tim cook steps out of the shadow of steve jobs, he's making apple his own. he's been at the helm for nearly three years and insiders are putting his performance in context. the company's income statement is one way. under his watch, the annual revenue has jumped 60% and profits by 40%. apple stock since august 2011 is up about 75%, besting the s&p 500 but lagging the nasdaq. beyond basic stock performance and financial met tricks, cook is making changes at apple that is having a big impact on the company's leadership and culture. >> i think he's a little more deliberate. he's a little more data driven. steve jo

josh lipton has more. >> reporter: expectations are high, analysts see second quarter earnings up about 7%, which is higher than expectations for the overall s&p 500. revenue growth is seen growing a solid 5.5%, double expectations for the overall market. wall street's strategists say many tech companies are among the most strongly managed businesses. >> the strongest balance sheets of most companies in america, very strong cash flow. their earning's growth and overall earnings by the way since 2000 have become among the most stable earning companies in the s&p 500. >> reporter: tech companies now make up about 20% of the s&p 500 so how these companies perform has a big impact on the market. yahoo kicks off the tech earning's parade next tuesday. expectations are for flat growth and investors are frustrated with that lack of a turn around at the company, still yahoo bulls say marissa mayer's focus on improvement and user engagement will eventually pay off and you're looking for yahoo to benefit from the 23% stake in alibaba which will likely go public in august. intel reports a few year

josh lipton, nig"nightly busine repor report", san francisco. >>> well, coming up, it's general motors versus toyota, two of the most recognizable brands competing in countries across the globe and tonight, the two go head-to-head in nbr's ultimate stock cup. >>> the world cup as you may know is in the knockout round hoping to reaching quarterfinals and nbr's ultimate stock cup, we put the world's two largest auto makers head-to-head to see what comes out on top. the u.s. general motors and japan's toyota. general motors, gm, the world leader in auto sales every year from 1931 to 2007 founded in 1908. gm is headquarters in detroit. 2013 revenue more than $155 billion. and the list of past and present gm brands is a who is who of american automobile history. icons like buick, olds mobile, cadillac, pontiac, gmc and chevrolet and it almost came to an end with a bankruptcy filing in 2009 but gm was bailed out by the federal government. and last year it sold more than 9.7 million automobiles trailing only toyota, which sold more than 9.9 million. but gm out sales toyota in china and the un

josh lipton is at cupertino, california. hi, josh. >> reporter: hi, sue.er the bell, investors will have a better sense of how apple is performing. the streets want tows a buck 23. that would mean year-over-year growth of about 8%. one question, the consumers put off buying an iphone, because they're waiting for the new device. switching to you i up and down, the striae themes -- business and education, two key markets for the ipad. they also want to know how the markets are holding up. analysts think they moved about 4 million macs, still make up about 13% of the top line. investors will also be looking through that earnings report for clues about the product pipeline, which ceo tim cook has told me he is very excited to share with consumers. guys, back to you. >> thank you very much, josh lipton. >> big tech earnings out after the bill, some make tech players are trading at total values not seen since early 200, the height of the bubble. dominic chu with a look at tech stocks that are worth more than they were at the height of the dot-com boom and some n

josh lipton, "nightly business report" silicon valley. >>> for more now on whether the massive layoffs will help reshape the future of mike soft, we're joined by david garrity. david, welcome back, good to have you with us. >> thank you. >> is he on the right track? >> i think so. bear in mind nedella came avenue getting the cloud operations up and running and to the extent that he had the great success there, it certainly positions him well from a vision standpoint to lead thest compan going forward. taking the costs out and investing in areas of higher growth certainly should get the company up to where earnings right now are going to be down 10% year over year but ref knve is growing. the stock probably moves higher than now. >> so talk to us a little bit about what is microsoft going to look like, let's say, five years from now. a lot of talk about mobile, about the cloud, about restructuring. what is microsoft going to be? will we say about it? >> the cloud operation will prep sent 1/3rd to 50% of the revenues in terms of services. with respect to the core products we know microso

. ♪ new lipton peach iced tea ♪ with that ham and cheese ♪ ♪ it tastes so sunshine-y [ carl ] ♪ drinkbelieve ♪ ♪ the taste of peachiosity don't just visit new york [ carl ] ♪ drink it down and you'll believe ♪ visit tripadvisor new york with millions of reviews, tripadvisor makes any destination better. [cheering and applause] >> jon: welcome back. you know, let me explain this very quickly. iraq is not our only pal in the middle east. there we got our old friend there egypt. yeah. how they doing these days? >> three journalists from al-jazeera have been sentenced to seven years in an egyptian prison. >> found guilty on charges including helping a terrorist organization by publishing lies. >> jon: yes. thank you, general abdel al-sisi. i'm sorry, president sisi, finally bringing the hammer down on terror journalists. [laughter] i'm sure they received a fair trial in the general's court. [people's court theme music playing] nothing says innocent until proven guilty by keeping the defendants in cage and having the judge wear sunglasses so you can't see its eyes. justice isn't blind, but

i mean, you can't, i mean, mafrty lipton will say, we're here for a week thing. we just want a fast pay hook. that's not true. we were in forest for 3.5 years and that sometimes it's long, sometimes it's six, seven years. i do believe there is great synergy between dollar general and family dollar. i think dollar general management is lacking. it's obviously somewhat disappointing you have a very good ceo at dollar general that's leaving. and that might throw a bit of a monkey wrench into a merger or a takeover there. >> does it impact you holding the stock? >> we don't really talk about stocks we own and don't own. i mean, we own, if we own them and especially where we have a 13 day out, my lawyers would quill me if i start talking about what we're going to do with that stock. i would tell you this, i think it's very good long term and it's a good long-term potential, not with the management. i've said the publicly. not with the management that you have or with the board that you have. >> you are still considering the options that are out there regarding family

josh lipton, our thanks.say there is so much corporate speak, josh lipton, don't you think, in the descriptions here between ginny rometti and tim cook? i mean, it was almost like a case in point for people talking about business synergies. >> reporter: yeah. i mean, listen, for both these companies, you know, apple, known of course as a great global consumer brand, but they had been pushing hard in that business market. you talk about the free productivity software, ramping up the security features. and for ginny rometti in this transiti transition, she's seeing it big, blue. the emphasis is on data analytics and cloud computing. she thinks that partnership is clearly part of the overall strategy. >> thanks, ysh. we have to take a break. big announcement out of apple this afternoon. you just heard it from ceo tim cook in a cnbc exclusive. up next, analysis from the panelists at the nyse. time and sales data. split-second stats. ♪ its so close to the options floor, you'll bust your brain-box. all on thinkorsw

i'm josh lipton. >>> will there be more deals in the media space? will the government weigh in on how you can get your entertainment? and what are the big boys in social media up to? those are just a few questions that julia boorstein. >> in the second half, the music and video streaming wars will intensify as amazon and yahoo and google and others ramp up their music and content option. we expect the fcc to settle the debate about net neutrality. plus, as megadeals await approval, expect more m & a as media giants look for digital growth in social players and snap up startups. and here comes the next generation of social advertising as instagram ramps up ads, linkedin offer morse content and twitter will expand exchange. for "nightly business report," i'm julia boorstein in los angeles. >>> finally tonight, it is the fourth of july. so you may have been one of the 100 million or so americans who were spending the day on cookouts and barbecues and picnics. and if you were, man, did you spend. a national retail federation says consumers were spending

lipton fresh brewed iced tea is the natually refreshing way to enjoy your meals. favour. gotta be more tea! tea-riffic liption. be more tea. muppets most wanted, on blu-ray and digital august 12th. you just can'tider a 4-star know the name?p to 60% off, just no name? until you book. um... yeah, i'd do that! ♪ this is mark. ...at work. for those who want to enjoy their days... not just get through them. new one a day vitacraves with energy support. the only complete gummy multivitamin... ...that supports energy and mental alertness. new from one a day. watch. dentist. at 1-800-dentist, we've helped over 8 million people find that right dentist. we can do the same for you. so don't put it off. call 1-800-dentist. >>> all right. i bet that if you open the junk drawer in the kitchen right now you find coins, beads, string. >> all of that can be used for stylish jewelry and here to bring on the bling is erica, she's founder of psimade this.com and you're invited. hello. >> hi. good to see you guys. >> really making diy jewelry? >> we are. if you put some bling on, it's

. ♪ new lipton peach iced tea ♪ with that ham and cheese ♪ ♪ it tastes so sunshine-y [ carl ] ♪ drinkbelieve ♪ ♪ the taste of peachiosity sfx: car unlock beep. [ carl ] ♪ drink it down and you'll believe ♪ vo: david's heart attack didn't come with a warning. today his doctor has him on a bayer aspirin regimen to help reduce the risk of another one. if you've had a heart attack be sure to talk to your doctor before you begin an aspirin regimen. >> he is one of the hottest artists of the summer. jake owens. he is currently headlining a 75 city tour to promote his cd which hit number one on the billboard country music charts. he's here with us. it's hard to believe you're such a hard working country star. >> i wish i could. >> when you perform, i went to one of your concerts, i was like oh, my god, he doesn't have his shoes on. that's great. >> this is the video i took. >> that's my iphone baby. you had that whole joint rocking. >> where was that. >> that was the hammerstein ball room. >> by the way, your wife -- everyone talks about how gorgeous you are but we had to take a look at laci

we will go to josh lipton, apple and ibm was announced moments ago.h. >> yeah, melissa, a big new partnership announced between ibm and apple. a new suite of business apps bringing ibm to apple's iphones and ipads. i had the chance to speak to apple's tim cook and ibm ginny recommendadi about this partnership. >> ginny and i started talking years ago getting to know each other. we bild built up a tremendous trust and respect for each other and talked about how complimentary our companies are. so from that we asigned teams to do together. this is one of the things that came out. i think it's absolutely huge. it's landmark. it takes the best of apple and the best of ibm and put those together. there is no overlap, no competition. we agree on the top three things. one is growth this idea we talked about remaking business and imagining professions, so this is all about unlocking mobility in the enterprise and value that hasn't been there to date. the third thing we will do together is addressing the no. 1 inhibitor. it's been things like security. so we'r

lipton fresh brewed iced tea is the natually refreshing way to enjoy your meals.avour. gotta be more tea! tea-riffic liption. be more tea. muppets most wanted, on blu-ray and digital august 12th. >>> march 2008, the dna from angie samoda's killer was entered into codis, the national dna database, and timely, police had the answer that eluded them for 23 1/2 years. >> we got the break we were looking for. we got the match. >> i received a call, and it was the detective. and she said, we got him. my mind immediately went to russell. who else could have done it? >> and then she says to you. >> it's not russell. >> it's not russell. >> it's not russell. you could not have shocked me any more. everything i had known my whole life was just gone. this whole time i thought this guy had done it, and it wasn't him. it wasn't him. >> dna, as we now know, does not lie. the sample taken from angie's body did not match russell buchanan. >> did you feel guilty? for having -- >> [ laughter ] done everything you could -- >> to put somebody behind bars, yes. >> of course i did. i t