are your staying long google? >> such a big name and so early in the goings.e think you stay and play for more. >> mike? >> i absolutely agree this is a small move relatively. this company is still cheap. trading about 11 times next year's earnings. what i'm inclined to do you do need to take some money off the call. i'll sell that call for about 45 bucks use the proceeds to buy the 625 call which costs about 15 bucks. what that means is i'll take all the money i put in the trade off the table still now have unlimited upside, essentially i'm playing with the house's money. >> good. always better to play with the houses money. >> coming up we will get the final call from the options picks. [ male announcer ] trading's like a high-speed train. and you don't want to miss it with thinkorswim by td ameritrade. you get knock-your-socks-off tools, simple one-click orders, real-time paper trading to hone your skills, plus anytime you need it support. ♪ stocks, options, futures, and forex. get your trading on track. thinkorswim by td ameritrade. trade commission free f

long google, short facebook. i can't get over the.same reason that i like walmart.

google. >> tom: and we kick off a week long look at immigration and the u.s. economy. >> susie: that and more tonight on n.b.r.! another disappointing drop in retail sales, a sign that the u.s. economy is limping along. it's the third month in a row that retail sales fell and that pushed down stocks today. retail sales fell 0.5% in june. analysts were expecting an increase. not since the height of the financial crisis has there been a string of declines from the retail sector. erika miller reports. >> shoppers didn't just spend less at department stores, auto dealerships, and furniture stores. spending fell in june in almost every category. that's not the only worrisome sign. when retail sales fall three months in a row, it can sometimes signal recession. but that's probably not the case this time. >> the retail sales report was disappointing. it reflects ongoing slowdown in the global economy, ongoing weakness in the u.s. economy. it should come as no surprise when you see businesses not willing to add significant quantities. >> reporter: today's retail data

. >>> yahoo appointed long time google executive marissa meyer as its fifth ceo to attempt to turn arounde struggling search engine. >>> a 9-year-old landscape artist from england passed a million pounds in lifetime earnings after selling 24 of his paintings for just under $400,000. >>> the tigers rally, a twin gets down and dirty. and a tie breaking grand slam. plus, what the president and first lady did when they were caught on the kiss cam. your first look at sports is straight ahead. you're watching first look on msnbc. alking... ♪ oh, come on! ♪ ugh, again! [ sniffs ] that's what i'm talkin' about. [ female announcer ] up to 100% flake-free, flirty hair. head & shoulders green apple. [ female announcer ] up to 100% flake-free, flirty hair. hey america, even though slisa rinna is wearing the new depend silhouette briefs for charity to prove how great the fit is even under a fantastic dress. the best protection now looks, fits and feels just like underwear. we invite you to get a free sample and try one on too. >>> welcome back to first look. i'm lynn berry. in sports last night, red w

the struggling web giant today tapped long-time google executive marissa mayer to be its next c.e.o.he'll be yahoo's fifth chief executive in four years. from google maps to keeping google's iconic homepage, clear and free of clutter, mayer oversaw several design and product functions in her 13 years with the search giant. she also recently joined wal- mart's board of directors. just after she was tped, mayer took to twitter, saying quote, "i'm incredibly excited to start my new role at yahoo tomorrow." >>> and it looks like investors are excited, too. yahoo shares gained about 2% in after hours trading today rising to $16 a share. >> tom: not a whole lot of excitement in the market focus. it with was the prur sis drop in june retail sales that set the tone for the stock session. the s&p 500 hitting the lowest level. the s&p 500 hit its lowest level of the day less than an hour after the opening bell. the losses were pared back, but not eliminated by the close, ending with a small loss. it's the seventh loss in eight sessions. volume was moderate. 600 million shares on the big board.

they hired long time google executive marissa mayer.he becomes the fifth ceo in the past five years. they are expecting her first child in october. >> number four, opponents of san francisco mayor's stop and frisk proposal or planning a noon rally. it would stop and search people that they are suspicious for weapons. >> business as usual this morning at san francisco superior court. 120 clerks and staffers unexpectedly walked off the job yesterday morning for a one-day strike. they claim the court's management is refusing to open the books to show the union why they should accept a 5 percent pay cut. they have been working without a contract since february. >> final check on weather and traffic. >> measurable drizzle, but it's been out there and it will cause some slick streets and possibility some of problems. we'll talk to sue about that in a minute. you can see how patchy it is. it's enough that ceiling is low enough and moisture in the air that is causing those flight arrival delays. san jose and oakland are running on time. forecas

selecting long time google executive marissa mayer to become its new ceo. andrew broke this news yesterday afternoon. mayer beat out ross levinson. she becomes yahoo!'s third in a year. levinson is not likely to remain at the company. shares of yahoo! rising in the after hours. also spain raising 4.4 billion dollars in short term debt auction today. borrowing cost dropping since the government announced a new austerity package. first andrew has some of this morning's other top corporate headlines. andrew, good job on that stuff yesterday. >> thank you, becky, i appreciate that. let's begin with earnings. coca-cola and johnson & johnson, goldman sachs are in the headlines, quarterly reports coming today, all three will be posting results before the opening bell. also this morning some jpmorgan news. jpmorgan disclosing possible miscondoubt federal authorities. they did that last thursday, the day before reporting earnings. the bank reportedly told feds an internal investigation they found evidence that three london traders may have tried to hide loss in some

sometimes i catch stories because it reminds me how old i'm getting, i can't look is hiring a long time google to be the next c.e.o., the 5 not guilty five years but is considered an institution, widely respected and been with google since the going, and all of 37 years old! but if you have the google brains and the woman would has been critical to the company's success heading up yahoo unlike the other choices at yahoo this could be significant. we will keep you posted. the company is expected to announce earnings, tomorrow. >> in the meantime, a veep by the end of the week? mitt romney could announce a running mate and it could be that soon. if it is going to be someone vanilla the sooner the better. why do you feel that way? >>guest: well, pretty basically you have a lot people in the conservative movement and we hear from them all time on talk radio, at townhall.com and they are not thrilled necessarily with a few of the names being floated by the romney campaign and by people who speculate about this stuff. so, i think that if it is someone that isn't going to necessarily excite conservat

europe was particularly upset but said to google, well, as long as you delete all the data, we'll letou off the hook. this morning google, and you have to admire their honesty, let officials in the uk know they accidentally didn't delete all the data that they accidentally collected. google has apologized. back to you. >> thanks for the update, scott. >>> 34 years of pungently rich tradition. if you're wondering why the air in the south bay has a little ting of garlic to it, it's because the gilroy garlic festival is starting today. nbc bay area's bob redell is live where the crowds are really starting to swarm in. good evening, bob. >> reporter: yeah. gates opened just over an hour ago. you know me, they say the sun's not bad for you so, for me to get my tan is the right way to do it. fire in the hole! oh, boy. oh, my gosh. >> oh, no. >> reporter: you, get out of there! i'm the moron who talked hugh davis, the president -- let me see your arm. did you get singed? >> a little bit. i knew it was going to be hot. >> reporter: you're a veteran of this festival. of course you're familiar

. >> rose: it was said not long ago that google is the new microsoft and facebook is the new google. you don't hear that much anymore. does that have resonance with you? >> i think that both of them are just new directions. the unless you're talking about who has money. google, yes, has a lot of money on hand, they're basically the same as microsoft. in terms of strategy and direction, totally different company. facebook-- i hate to say this-- i've never quite understood their business model. and you're starting to see that issue in the marketplace. but google had a very, very smart business model and they're continuing down that path. so i think... i can see where google is going. i can see what their future is. i'm not so sure about apple, i'm not so sure about facebook and i'm definitely not sure about microsoft. and so when you have those, i think, yeah, google probably is the power player, is the next microsoft. apple could be depending i don't know the next step is. facebook i don't think is ever going to be a power player. watch, this will be played back to me a few years. (la

hired a long-time executive from google, marissa maier worked there.'s just 37 years old. >>> coming up next on "news 4," what you need to know before you [ obama ] i'm barack obama, and i approve this message. [ female announcer ] every woman who believes decisions about our bodies and our health care should be our own is troubled mitt romney supports overturning roe versus wade. romney backed a law that outlaws all abortion -- even in cases of rape and incest. and that's not all. i'll cut off funding to planned parenthood. [ female announcer ] for women, planned parenthood means life-saving cancer screenings and family-planning services. but, for mitt romney... planned parenthood. we're going to get rid of that. the national capital planning commission granted preliminary approval last week for the underground facility on the national mall. the center will include interactive exhibits, a bookstore and restrooms. vietnam's memorial monday must raise about $40 million to complete the $85 million project. that i hope to open it in 2014. >>> a promise to

google ... unveiled... its... long-awaited ... fiber network. as been promising high-speed internet since last year.... and now we know just how fast fiber can go. 3 after months of adding fiber lines.... google rolls out high speed internet..... making kansas city the first in the nation to receive its broadband service. 3 milo medin: google fiber starts with internet speeds up to a gigabyte a second, that's a thousand megabytes a secondthe new fiber-optic cable network promises incredibly fast internet access.... with speeds 100 times faster than the rest of the nation, on averagee 3 well if you were in a car that moved 100 times faster than another car, and both left cars left from kansas city going to new york, the car going faster would be there in new york, before the other car left missouri."they're charging 70 dollars a month for the internet access.... and for another 50 bucks, they'll provide a television service with a tablet computer that works as a remote... and the ability to watch and record up to eight shows at once. once. google

long-winded. you can just google my name and in the kick starter search engine and it will pull up that -- >> so it'starter.com? >> kickstarter.com. >> okay. we well, i hope you're able to continue the work. >> thank you so much for all your support and willingness to keep this story alive on your show. >> we're following several other stories tonight. isha sesay has a "360" bulletin. >> u.s. olympic committee is defending ralph lauren's uniforms for team usa. u.s. athletes will be wearing clothing made in china. the ralph lauren corporation released a statement saying it's committed to making the uniforms in the u.s. for the 2014 winter games. there were crew members aboard a private jet which crashed at the end of a runway at the end of a small airport in southern france. no other people were on board. the crash is under investigation. egyptian officials said two american tour ichts and their guide were kidnapped in the cyanide region of egypt. who wanted authorities to release a relative being held on drug charges. >>> there's the rain? 26 states are experiencing drought conditions this year. farm

naming long time google exec marissa mayer as its ceo effective today. sources tell cnbc levinson is expected to leave the company. they say choosing mayer will drive user experience and advertising revenue at the company. the move comes as yahoo! is set to report earnings after the bell today. cnbc and yahoo! have a business alliance to share and coproduce editorial content. i would have thought the stock move would have been much greater. >> this is a hitter. you know what's incredible about a company like google, here's a person, number 20, look and feel of google, incredibly powerful. i wasn't aware of what join the walmart word of all the accomplishments that she's brung to the table. at 37. this is one of those things where the yahoo! look and feel experience has like many other sites, been deminnished by being able to make a lot of money. i thought levinson was doing a terrific job. >> you've got a number of new board members at yahoo! and it would seem to me they're saying all right, let's go out there and be bold. she's 37 years old. had a lot o

she's been work -- even though she's quite young, i think 37, she's been working at google for a longe, since the beginning. she -- since 20. she has tech jobs, she's got stanford degrees out the ying yang. >> the media seem to love her. >> she's done a good job of that. she spent a lot of time doing press, during her career at google, and has become sort of the -- she's made herself the symbol of google. so if people know her already, people in the national press because she's the one that shows up for magazine shoots and -- >> right. >> gives interviews. she talks about her personal life a lot. most google executives aren't like that. larry page hardly comes out of the cave. >> i have noticed that. let me turn to lauren ashburn. the second wave of stories after she was appointed is, oh, my god, she's pregnant. >> so what? i don't could the fascination -- i don't understand the fascination with women who are pregnant. when i started my career, my big promotion came when i was eight-months pregnant with my daughter. so what? the big thing that shy she needs to worry about is how she's

. >>> this morning google revealed what it will charge for its long awaited high speed internet serviceas city. kansas city customers will have to pay about 70 dollars a month for the ultra fast service that will pay for a gig a bit service which is said to be 100 times faster than a cable modem. they had a contest to see who gets it. they av 6 they have 6 weeks and google says they will only hook up where there is interest. >>> today at 5:00 we told you it is all happening again, the policies experiencing problems with their radio communications, the latest during the president's visit. we will talk to them and see if there is a fix for this issue. thanks for trusting ktvu channel 2 news. we will see you the next time news breaks and join us again at 5:00. we are always here for you on ktvu.com and mobile ktvu.com, have a great day everyone. send comments to comments@captioncolorado.com captions by terry james, caption colorado, llc. >> you have been smoking dope. >> yes, ma'am. in and out of jail my whole life. >> he went to jail. >> i am sorry. >> i have my mom and my stepdad down th

sometimes i long for the simplicity of the old google.een with a blank space where i type in a question and i get an answer that i trust. it was only after marissa meyer that won the job that she was the inspiration. turns out that i again had stumbled on the work of meyer. there had to be a ton of people involved in the process. yahoo, partners with cnbc has plenty of cashing out to do. it like aol suffers from an incredible lack of cool. you think you're click on something that you never would have read at the news stand or trusted at the library. it's known as a tough place to work. maybe she can change that, too. yoened that, they have a ton of assets. unlike aol, i still use yahoo constantly. it hasn't lost loyalty and man, its speed is still breath taking. that said, it's no social, no mobile and no class strategy, so meyer is going to have to develop all three immediately. i hope she'll unite the company and make technological changes that yahoo needs. yahoo most of all needs someone to stay the ceo. anyone. at least for a couple o

patents originated in silicon valley but there are long delays in the process and leaders say that slows innovation. high-tech companies like apple and googleely on the u.s. patent office to protect intellectual property inventions our core business which accounts for one-quarter of all patents issued in the united states. the patent office will become an to the doorstep of its biggest customer based. >>> we've been working on this along time >>> jolie lofgren represents silicon valley >>> we think it will speed the process we are behind hundreds of thousands of patents, about a three-year delay which is absurd, that is a product life in the technology world >>> this is video of the main office in virginia which has no regional offices the silicon valley leadership grew pop champagne to celebrate the news and said the new office should bring tech products to market faster. >>> it affects product to market because investors are frustrated fat and and and and not an inexpensive and deborah it is the hands of thousands of dollars so not just treasure but time. >>> there is now officially announced location of the office it is expected to be in

spokesperson says that officers from any country are welcome as long as they're willing to listen, learn and teach. >> and there is googleays drug cartels are using more sophisticated technology than law enforcement there and there is ideas including creating a net move to share realtime activity. >> and. >> now a mitt room knee event is raising eye brows. a rowdy romney supporter refered to president obama as a monster as she spoke as a monster. >> now, he's -- he had to layoff people. and he's -- he may have to close stores. it's auz because of what this monster has done to this country. we have to have this president. >> and the you might recall he was criticized this year he didn't challenge another questioner suggesting the president should be tried for treason. >> john boehner attacked the president today saying mr. obama quote, doesn't give a dam about the middle class. >> and there is exactly what is wrong with this administration. doesn't give a damn about middle class americans what he's trying to do is distract the american people. >> and and and there is a focus since day one. >> and there is a proposal and h

long time. then amazon came out. now you have google doing it. apple coming to market late?hat's not something traditionally apple-like. >> are we quibbling, though, james, on all of this? let's face it, steve jobs is gone. this is tim cook's company now. and he's got to make the tough decisions on what will grow this company. >> absolutely correct. you know, and tim is phenomenal. there isn't anyone i would rather have a supply chain. steve said it in his book, he's not necessarily a product guy. when you take a look at their device lineup they have given the other companies a tremendous amount of runway to go out there and samsung had insane earnings recently and probably the best time in their history from a hands studded handset perspective. all it takes is a few mistakes and hiccups, instead of making the device that's have now can better, creating a new device, might not be the right time. >> how much time do you think, david the street is going to give tim cook if indeed he continues to pursue, say,you know, a relationship with a social media company, et cetera? how l

when the life of google and these other firms are long way ahead is asking something. >> they have to do something. >> something. where they actually fit in the framework now. google has a search engine and apple is doing the same thing. yahoo! having been the sort of leader, e maim address to hunt somewhere stems have just disappeared on myspace. you can have put a fantastic person on myspace but could they turn it around given what facebook has done. when you path good person into a bad business it's a bad business that tends to keep its reputation. >> claus, do you agree? >> the question is this more significant than hiring one person. it could be there's lots of conditions attached for marissa mayer to actually accept the job and that could be that they will perhaps not be looking at short term gains in the next few seasons or quarters but defining what the company is. it's a company limbo for the last few years. they've tried to become a media company but i don't think they had a clear vision of what a media company was or what type of media company they were. other areas that th

google. >> tom: and we kick off a week long look at immigration and the u.s.my. >> susie: that and more tonight on n.b.r.! another disappointing drop in retail sales, a sign that the u.s. economy is limping along. it's the third month in a row that retail sales fell and that pushed down stocks today. retail sales fell 0.5% in june. analystse

google. >> tom: and we kick off a week long look at immigration and the u.s. economy. >> susie: that and more tonight on n.b.r.! another disappointing drop in retail sales, a sign that the u.s. economy is limping along. it's the third month in a row that retail sales fell and that pushed down stocks today. retail sales fell 0.5% in june. analysts we

long time. she has to compete with newer entities when it comes to search and advertising. not only take on google she has to take on facebook right now, really head-on. >> we'll be watching it closely, that's for sure. poppy harlow, thanks so much. >>> police are on a frantic search right now to find these two little girls in iowa. 8-year-old elizabeth collins and 10-year-old lyric cook who are cousins and they left to go on a bike ride on friday. four days later nothing. nearly 1,000 volunteers searching the area, but still, no trace of these little girls, except their bicycles which were found near a lake just hours after they were reported missing. >> it's very baffling to understand how someone got off with a 10-year-old and an 8-year-old at the same time because it's as though they disappeared into thin air in broad daylight. >> now after searching the lake authorities are now draining it looking for any sign of the little girls. jim spellman on the ground there in everybodyvansdale, iowa. any new clues, anything? >> well, we do know that the fbi has brought in two scent dogs and last night