. >>> there's a second recall out this morning for apparel company lululemon lululemon.test trouble. the mistake that has a high school suing over her s.a.t. exam. >>> a high school student filed a lawsuit in new jersey over a printing error on his s.a.t. the administrators at the s.a.t. had to throw out portions of the test, then base scores on fewer questions. the student's lawsuit claims that's unfair for those striving to achieve the highest possible scores. the student is seeking a refund of the $54 exam fee plus damages. students who took the s.a.t. with the error can retake it for free in the fall. >>> we have a recall to let you know about this morning. an athletic apparel company is recalling women's road diz because the drawstrings can draw injuries. the hard tipped elastic cords on some of its tops can snap back and cause face or eye injuries. the jackets were sold between january 2008 and de5 of last year. if you own one of the hoodies, remove the cord or contact lululemon for a replacement. this is the not the first time that lululemon has taken back its c

nike has taken a lot of share out of lululemon. retail is tough.s part is hot though. between shoes and athletic gear. >> but if they stumble over themselves like they did sometime past, people don't shop there anymore. charles: you look like you might be into yoga a little bit. >> i do like yoga. i think workout clothes. they're all the same, at the end of the day. i go to t.j. maxx. charles: the new yorker trying to act like the common folk. you go to t.j. maxx and marshals. >> if you're going to sweat, you can sweat in a pair of 12-dollar pants. it looks exactly the same. lululemons doesn't make you look skinnier or toned. >> it's not the clothes. how much you're working out. charles: i'll put everyone down as a no. i love it though. these are the ones that i can't wait to work out. all anyone ever does is complain about the government. guess what, if you don't go out and vote, it will never change. there's so much apathy in this country. i'm sick of it. we'll talk about it next. it is time to change our fortunes. ♪ the pursuit of healthier.ut)

another major recall for "lululemon." the hidden hazard in these hoodies. >> and today kpix 5 will host the call to action telethon all to benefit bay area domestic violence groups. it starts during the noon newscast and continues throughout the afternoon into the early evening. you can find more information at cbssf.com/safe. and we'll be right back. >>> looking at your highs throughout the bay starting off in the south bay cooler than yesterday but still warm upper 80s in the south bay today. 65 half moon bay. east bay temperatures mid-90s for the warmest spots inland. 93 brentwood. 85 vallejo. still mild by the coast 81 kentfield, 62 berkeley, 64 daly city. 64 bodega bay. and farther north temperatures still looking triple digits for lakeport and ukiah. your full forecast coming up. >> this is what we like to see over at the bay bridge toll plaza. it is wide open "friday light" for the commute out of oakland into san francisco and bart is on time. i'll have more "kcbs traffic" coming up. >>> a second prison worker is b

parisians riot over the right-hailing service, and why lululemon is recalling over more than 100,000ear tops. than 100,000 activewear tops. i couldn't believe i still had acne. so i went to aczone.com, found a dermatologist, and asked her about aczone® (dapsone) gel. together, we decided aczone® gel was right for me and my acne got better. acne is a medical condition that can happen at any age. fortunately, your doctor can prescribe aczone® gel, fda approved for the topical treatment of acne and proven in clinical studies with people 12 years and older. talk to your doctor about any medical conditions you have, including g6pd deficiency, and any medications you are using. use of benzoyl peroxide with aczone® gel may cause your skin to temporarily turn yellow or orange at the site of application. the most common side effects with aczone® gel are dryness redness, oiliness, and peeling of treated skin. now you could pay no more than $10 for aczone® gel. get your coupon and learn more at aczone.com aczone® gel. prescription treatment. proven results. americans. we're living longer than e

there you go lululemon shares down 5.4%. same store sales down 1%. that might be what the street is focussing on at this moment. one of the underperformers now down about 5% in today's trade. >> now let's get back to our top story. there's been a tepid reaction to a major restructuring at europe's largest bank. shares flat after the lender said it would ax around 50,000 jobs as part of a $5 billion a year cost saving program. the ceo said hsbc would move from the quote world's local bank to a leading international bank. this following the decision to cut it's global branch count by 12% including the disposal of its brazilian and turkish operations. let's get out to jeff and catherine live outside headquaters in london jeff. >> yeah i think the market reaction wilfred probably down to the fact that this looks evolutionary rather than revolutionary. we knew the disposals were coming so no great surprise there. if there's been anything catherine here that the market hadn't anticipated perhaps it was the higher number on the job prices. >> and i suppose

wilson and his wife own 14% of lululemon.son and the lululemon reached an agreement, part of which involved selling his stock. by filing and enables him to sell his stake if he wishes to. that is a look at the top stories of the hour. we willen we come back, talk about the imf saying it has major issues with greece and it is time to get serious. ian bremmer is going to join us. ♪ matt: this is "bloomberg market day." no more gambling. donald the message from task. he is abandoning his neutral role and urging the greek government to cut a deal with creditors. withmf team negotiating greece has left brussels after failing to make a debt deal to help the country avoid default. pimm: when will this game be over? let's get some of from ian bremmer. of a new bookor entitled "superpower" and the head of the eurasia group. thanks for being here. you were to advise the greek government, the european union, and the imf, what advice would you give them? ian: that is a horrible question. pimm: that is why we saved it for you. ian: we are

still ahead on "action news" at 5:00 lululemon is recalling jackets recently sold in stores because of an injury hazard. >> a proud day for students and parents here in camden more than 500 seniors graduated here today plus meteorologist, melissa magee has word of rain moving in tonight. if you want a paint with no harsh fumes. if you want a paint without harmful chemicals. if you want a paint that's safer for your family, and the environment... only this can. natura from benjamin moore. paint like no other. certified asthma and allergy friendly by the asthma and allergy foundation of america. >>> keeping pope francis safe when coming to philadelphia is a top priority of course today mayor michael nutter got expert advice on how to handle the challenge. the pope likes to move freely among the people and today mayor marino met p with mayor nutter and the delegation to talk about the pope coming and keeping the city moving amid his presence frmg we remind you to stay with "action news" during the coverage of the world meeting of families, just follow our special handle at 6 abc pope. >>>

lululemon had 5% comps and dave investors had almost 10%. these are numbers we don't see that much anymore in this environment. joe: outside the stock market, we got some awesome news for the american worker. a bunch of new data comes out and says good news for workers and wages. the first chart comes from today's survey of small businesses. they asked what they are seeing in the economy and this chart is one of my favorites ever. what is the single biggest problem companies are seeing -- you can see the orange line is sales are their biggest problem is collapsing. companies are having bigger sales, the just not as big a problem. on the flip side, the number of companies that say labor quality is their biggest problem, more and more are saying they cannot find workers, so that seems like it news if you are a worker. the next chart is also from that survey and it takes compensation plans, the number of companies inclined to wait -- to raise wages compared to the cost-of-living index. it shows we could probably expect the employment cost index

lululemon will provide a nonelastic replacement.thnic minorities now surpassed non-hispanic whites as the largest group of american children under the age of five according to the census bureau. a report earlier this year forecast by the engine 2000 and four, the majority white population will be the minority. those are your top stories at this hour. the supreme court upheld the course -- core component of obama care today. the6-3 ruling eliminates most phone challenge to a law designed to cover 30 million uninsured evil. -- uninsured people. a lot of reaction, including from the commander-in-chief himself. 50 votes obama: after in congress to repeal the law, preserving and appealing this law, after multiple challenges to this law before the supreme court, the affordable care act is here to stay. sensea victory for common and all american families. john boehner: the problem is it is still fundamentally the same, it is broken. >> rules of statutory interpretations essentially allows the irs, the very statute that congress enacted. to

it turns out men are buying lululemon. david, i don't see you -- >> i got a couple as a gift a year or so ago. i do wear them -- >> sort of sweatpants, yeah. >> i don't usually wear them out in public. >> men's new underwear is not doing too well not enough staff ratings on the website, men aren't a fan of it. >> but the talked about the growth of tismtath-leisure. and there were two stories today, and you brought this up with the disappointing sales of j. crew because they have not been able to seize on that growth in that category that lululemon has led. >> nicky has some issues, the styling is getting complaints the quality of some of the sweaters, comps down 8, inventory up 4. he took a wrong turn somewhere. >> and it may have had to do more than just the color of their cardigans. >>> meantime tau you about ath-leisure, a big job for nike announcing an eight-year marketing graham with the nash. it would broadband the league's official uniform sponsor, replacing adidas and it will become the first apparel partner to hav

first up, lululemon reporting a beat on the top of the bottom line.good outlook as well. >> this has been an incredible turn-around. you go back to the end of last year, beginning of this year. the stock has been tracking the 50-day moving average. technically it's been trading extremely well. then they beat on earnings, then they beat on revenue and then you look at their online. this is something we've been pressing on. retail names that have a great online presence. lulu is one of them. they are crushing it. now it's 20% of revenue and they're forecast going forward was bullish. that's why the stock is getting you and over the 50-day at the 65 dollar level. >> buy it? >> absolutely. they're in the athletic wear and the online spot and killing it on both sides? i think you can own it. >> josh brown, has some personal insight into lululemon. in fact he shared it wall of you a few weeks ago. >> i actually have a confession to make on lulu. i wasn't going to do this. but -- i'm going to -- listen i'm going to to go ahead and say it i own my first piece

. >>> we're back, want to show you shares of lululemon.er pressure today after the company's founder files for the right to sell his entire stake. courtney reagan is here with the latest and what's turned out to be yet another confusing twist in the relationship between chip wilson and the company he started. court? >> it's never simple with that guy. earlier reports said chip wilson sold his entire stake in lululemon. but a spokesperson for lululemon founder tells me wilson has not sold the 21.1 million shares that he, his family or related entities control. but that the s.e.c. filing allows him to do so in the future if he chooses to. the outspoken founder has famously disagreed with lulu's direction and decision in the past. wilson stepped down as chairman in december of 2013. but remained on the board saying he was more confident in the direction of the company. in august 2014, he sold half his 27% stake, to p.e. firm advent international for $345 million to avoid a proxy war. advent got two seats on the board, since then the stock sup

lululemon didn't ewe recommend it.nel hated it including the woman who does p does go -- yoga they said you're nuts. stuff the is expensive i'm glad that they have a pretty good earnings report. but also david busters up my recommend on monday. >> they sell hot looking clothes. hot looking yogaout fits. >> whatever you say thriz. >> i heard you say you went to yoga a few times. >> three times. >> really? >> news flash. >> did you wear a lululemon? >> no, i did not let me tell ya, yoga is tough, it is very difficult. >> you were great i was wondering what it was. yoga -- [laughter] >> layoff. >> working out? >> stuart, down dog -- the dow is down. can i get serious for a moment? bad influence, you are, let me tell you about this one following germanwings disaster. ceo of luvstans here's a direct quote a system that is 100% relike may not be aandable. pilot tom sullivan is here with us. i think, i mean you can't be objective in saying you've got a mental illness. why you broke your arm. i can feel it. >> mental illness s

. >> recall at lululemon? >> yoga and running gear maker recalling women's tops, because of elastic cord in the hood. it could actually cause an injury about eight people say they've been injured because of this, they have sold though for six years in the united state, previously i don't know if you guys remember, lululemon had pant that could you see through. all things considered there is one not as bad. >> skinny jeans apparently? >> watch what you wear. >> who knew it is so dangerous to get dressed right? >> that's true. nowadays. >> but still do it. >> without a doubt. >> it is required. >> thanks, jill, talk to you later, coming up after a short break, traffic and weather together, we do it on the three's, stay with >> coming up on 4:53 right now, we want to mention that the tall ship festival is underway in the delaware river, drawing big crowds to the philadelphia and camden waterfront. chopper three was overhead, at some of the vessels made their way to town. many spectators, watch from both sides of

lululemon has issued a massive recall for a hooded top.rd can be pulled or catch or something and when released can snap back and cause injury to your face or eyes. the tops were sold between january 2008 and december 2014. there have been seven reported injuries. customers should contact the store to have it replaced. >>> stock markets lost ground today. the dow fell 107 points. the s & p500 was down six. analysts blame lingering concerns over the stalled debt crisis talks in greece. >>> after a battle with apple taylor swift decided she will put her music on apple music after all. the pop star tweeted this today. after the events of this week i have decided to put 1989 on apple music and happily so. the battle with apple started when the company announced it would start the streaming service apple music but would not pay artists for the three month trial. >>> a bay area baseball player making history tonight. >> probaseball's only openly gay player in sonoma. why he says he's more pitcher than pioneer. >> and cooler weather is on the way

lululemon reporting better than expected numbers. the retailer also raising their full year guidance. gross product margin continues to come down. >> let's be careful. the stock is up. i recently sold this from my travel trust. the reason is it's not an inexpensive stock. it still sells. all that gain really was the threat to consumer the same score not that good. canadian company. this is good. at the same time i find that when you look at what's going on, it's hit or miss. burling ton which has been big, a big miss. dave and busters surprise to the up side. every day there's this good bad, good bad. the cfo is lulu is very good and he talks a pretty good game on the conference call. these stocks are not cheap. >> lulu is up 10% on the year. now a fifth of all revenue. >> wasn't that something? the highest other than williams sonoma. >> the conference call it's not eve an call. it's more of a -- >> it's set to music. i like that. i think they should use something else. i think something. >> that might be dramatic. >> voger in? >> no

lululemon. three stocks that had been red hot. there's a lot of people's lips saying they lost their mojo. should you be worried that they might come crashing down to earth? these are all fundamental battlegrounds. we go off the charts to answer these questions and we'll do it for all three high profile stocks. terrific technician. managing director as well as being my colleague at real money.com. you can get his stuff and read it and make your own mind up. but we'll go over these three. all three of these stocks have been leaders but you can't expect your leaders to last forever. bull market is like a relay race. one or two sectors will take the baton and set the pace but after they have run the course they'll pass the baton on to the next leadership group. first half of 2014 energy stocks were leading the market. they're consistent right? then these stocks tired as the price of oil continues to plunge. then the bio techs which set a blistering pace up until a few months ago. that's where we ar

another major recall for "lululemon."ave over 500 bucks when you switch to progressive. that's a fact. but this whole "blondes have more fun" thing... ♪ ♪ standing by for fun. ♪ ♪ >>> some breaking news out of tunisia where two gunmen opened fire on a beach at a tourist resort. state television says at least 27 people were killed. but there are no details on the victim's nationalities at this hour. authorities say security forces were able to kill one of the attackers but the other attacker did escape. >>> a second prison worker is being charged for helping two convicted murderers escape from a new york prison. gene palmer who worked as a prison guard told investigators he gave one of the fugitives a pair of needle nosed pliers and screwdriver. another is accused of smuggling in tools inside some frozen ground beef. manhunt for the fugitives now in its 20th day. >>> a woman faces assault and battery charges for allegedly biting a department store employee wednesday night at the macy's store in newark. 42-year-old anh nguy

the way has been cleared for chip wilson to sell his stake in lululemon. own nearlyhis wife 44% of the company. wilson and lululemon reached an agreement, part of which involved selling his stock. those are your top stories. up in the next hour of "the bloomberg market day," jcpenney's new chief executive is laying out his new strategy for the company. one of twitter's earliest investors is sounding off on the company's untapped potential. opec's biggest members are pumping record amounts of crude oil. what that means to crude prices. all that and more on the bloomberg market day. olivia: markets are facing headwinds from abroad with uncertainty over greece and central banks. pimm: joining us now to make sense of all this is michael purvis. michael purvis. why should u.s. investors keep worrying about what happens to an economy that has 11 million people. michael: you are talking about greece. the u.s. markets have not been focused on it. the europeant of markets. if you look at the volatility levels, often they move in tandem. during the greece talks, eur

lululemon doing something very interesting really with the brand mode they have and now lululemon is going internationally. a name like urban outfitters which is again a unique brand from urban outfitters and anthropologie and 29% of their sales are online. so again, getting ahead of where the consumer is going. because we think 25% of retail sales are going to come online five years from now. so the people that have a lot of stores and a lot of infrastructure, minimum wages are going up. i mean, there's going to be a lot of pressure on profitability for retailers. >> but i guess, brian, let me push back a bit. isn't that the price on gap and isn't that one of the reasons the stock has struggled where it is? the valuation for these guys reflects that. they also have international growth initiatives that some of these other guys don't have. just curious how you view that, then. >> yeah. we think $35 is probably the down side. you have a company like fast retail who has made, you know, announcements they would buy the gap. i think the mid 30s is a decent risk-reward perspective. they h

lululemon recalling the drawstrings used in over 300 house and hoodies -- 300,000 hoodies.s can snap back at their pulled. seven customers reported injuries. customers can remove the cord and lululemon will provide a non-elastic string to replace it. to build aking constellation of satellites to provide broadband services for the world. the company announced it raised by the hundred million dollars from a group of leading international companies. we spoke with virgin group founder richard branson. richard: most of my time is spent setting up non-for profits . he gave me this picture of connecting the 3 billion people who are not connected and he said you have virgin galactic and you can help us but the satellites up. themou can replenish within two hours notice and that it's something virgin galactic can do. it seems like a win all around. i was delighted to say yes. we became the founding shell. project,o funding the airbus and coca-cola. kroger has approved its first stock split in 16 years. the largest u.s. supermarket changed announced the 13% dividend increase. the com

lululemon's earnings and revenues beat the street. total store sales rose by 6% during the latest quarter. h and r block is posting better than expected profits but the revenue were light. that stock is down by 1.3% and dave and busters earnings and sales topping forecasts. the entertainment and gaming provider is raising it's full year revenue view. shares of pep boys getting a boost. we should also mention united natural foods is down sharply this morning. the organic and special foods distributor with disappointing quarterly results and offering a down beat forecast and check that out. missed on that but watch shares of etsy today as well. tiger global raising it's stake to 8.9% from 6.4%. >> greece and it's creditors in discussions over an extension to the country's bailout program through march of next year. athens would get access to more than $12 billion in aid to help it stay solvent. >> let's get a check on the markets this morning. as joe mentioned the markets were down yesterday putting the dow i believe in negative territo

overa: lululemon sold 300,000 hoodies.y can snap back if they are polled or catch onto something. so far, seven consumers have reported injuries to their eyes and face. customers can remove the court and lululemon will provide a non-elastic string to replace it. alibaba's jack ma is buying a lot of land. purchasing more than 28,000 acres in new york state's mountain area. reserveerty is a major once owned by a rockefeller air. years old andht worth $10 billion. it has got 400 million users, up by about one third but still has not found a consistent way to make money and is facing increased competition from box and microsoft. emily: i know you are friends with mark zuckerberg. what kind of advice has he given you? >> and he has given me advice on a company scale. how do you set it up. you have to be a lot more thoughtful about how you compensate people and how you think about mundane things like titles or how people advance. how do you side -- decide to place bets? you have more mature products, this whole portfolio. how do

he complained lululemon had lost its way.hey finally agreed he would not pursue a buyout of the company. today, he -- wilson is enabled to sell his stake if he wants. another sign of straight -- of strength in the labor market. 14ow 300,000 for the straight week in a row. employers are all holding on to -- pickup in demand. erik: selling a 50% stake in its pipeline of processing units. a private equity firm and the price tag is $2.7 billion in cash. companies will form a midstream venture. tos transaction is expected close early in the third quarter. back in the oil selling business in a big way, oil importing nations by the most iranian crude since sanctions were imposed three years ago. imports reached 1.4 million barrels per day and may. it was once the second-biggest producer and opec. olivia: whole foods says it has a name for its new chain of smaller stores. the ceo says they will be called 365 by the whole foods markets. clever egg,included daily shop, green life, smallbatch, or swiss goods. those are top stories this

. >>> lululemon has issued a recall. when released, the draw cords can snap back and cause injuries in the face and the eye. there have been seven reported injuries. customers should contact the store for replacement draw strings. >>> a lot of pride events just some of thee.s going on around the bay area this weekend. mike mibach has a look at the weekend. >>> the first full weekend of summer is here. i hope you are doing well, i am mike mibach and this is the weekend watch. pride weekend in the city by the bay is here. the pink triangle situation in the morning, the dike march in the afternoon. nascar roars into the north bay as some of the best drivers in the business take on the toyota 350 out at the race ways. expect huge traffic delays. the grateful dead, i saw my fair share of the shows back in the day. it will be 20 years since jerry die ned the bay county. this weekend, the spotlight back on the remaining member os f the dead. -- members of the dead. two shows saturday and sunday night. tickets still available. s

lululemon previously recalled their yoga pants which created quite a stir because they were see-through sheer. >>> they sparkle, spin, skyrocket into the air, fireworks, the big july 4th tradition, but in a demonstration on the national mall the consumer product safety commission showed what seems like harmless fun can easily turn to tragedy. 11 people were killed and more than 10,000 injured by fireworks a recent report says. parents and caregivers should never allow children to play or handle fireworks including sparklers. never buy illegal or homemade fireworks and always keep a bucket of water nearby to put them out. >>> about 1/5 of d.c. residents will enjoy the fire and barbecue away from home, aaa predicting 1 million folks around here will travel 50 miles or more during the july 4th holiday weekend and about everybody will hit the road versus a flight. there is some good news for all those drivers. we are likely to see the lowest independence day gas prices in five years. the average for a gallon, 90 cents cheap are than last year. >>> -- cheaper than last year. >>> if your 4th

emily: why should i choose active wear over lululemon?u always want higher quality, more durability, easier to care for. we can do all of it. emily: what else is happening in the world of textile and fabric innovation? >> for a long time, it was based on petroleum-based polymers. they have been around for a long time. we think this is something new that can really be a game changer. emily: you guys recently moved from san francisco to emeryville? >> is that a function of the bubble, the boom, we are seeing in san francisco real estate? is it more practical? >> it's both. san francisco is a hard place to secure office space. we also have a laboratory and small-scale research. there was none available in the city. we found something ready to go and moved to emeryville. emily: i'm still waiting for my spider silk jumpsuit, i don't know about you. thank you for joining us. coming up, we will speak with the ceo and founder of stitch fix. you don't want to miss this. ♪ emily: welcome back. i am emily chang in san francisco. it is time for the d

. >>> to read more about the zombie foreclosures head t >>> the feud between lululemon and the owner may be over soon. family's stake in the company. it can total 20 million shares a 14% stake fought with the board over strategies reportedly is weighing the option. shares were off 1% to $66.07. >>> the activist hedge fund has disclosed a 7% stake in citrix which sg operations and selling or spinning off corporate assets. shares popped almost 7% to over $70, $70.39. the chipmaker silicone solutions has struck a deal to be bought by china's uphill investments. this comes a day after i cyprus semiconductor. values the firm at nearly $700 million. shares of integrated silicone were 5% higher to $2. >>> shares of act avent surged af ever raised by a biotech company going public. the firm preparing to start late stage testing of an alzheimer's disease drug treatment. shares doubled, they closed at $29.90. europe regulators are taking aim at amazon and general electric. separa aim. the european commission has filed a formal probe into amazon's ebook business to rivals. separately european r

take vo ---la marca de ropa femenina "lululemon", est retirando del mercado mas de 300-mil blusas porquenes de elsticos con puntas de metal de plstico duro en el rea del cuello que pueden golpear el rostro de la persona. ---la comisin de seguridad del consumidor dice que se han reportado lesiones en la cara y ojos por el uso de esta prenda de vestir...que se vendi en estados unidos y canad entre el aÑo 2008 y 2014. juanfra/ms ---las parejas que duermen en camas separadas podran experimentar relaciones ms fuertes y duraderas... ---as como lo escucha... take vo ---segn un estudio, cerca del 25 por ciento de las parejas duermen separados durante la noche... ---a esa prctica se le llama "sleep divorce" "divorcio al dormir" y se ha vuelto cada vez ms popular ... ---los expertos dicen que si ambos duermen bien, hay ms probabilidades de que mejore la relacin en la intimidad... ===nuestros paises open=== juanfra/topvo --- en mxico una tienda de mascotas fue temporalmente clausurada y dos empleados se encuentran bajo investigacion luego que un video difundido en las redes sociales evidenciara el

i finally want to look at lululemon.founder of the company who stepped down as chairman after some controversial comments over the past couple of years, he is now selling his remaining stake. he has filed to sell 24.1 million shares he and his wife owned. they had roughly a 14% stake in the company even after they stepped aside any kind of management of it. shares are down 1.5%. erik: thank you, julie. stephanie: what does it say when the founder of a company sells all of the stakes? >> i will say at least he did not sell out at the bottom. he got a group of people to fix -- to pick it up and i think almost double off the bottom. stephanie: in general, when you see someone who knows the dna of the company, when they walk away and do not maintain a stake anymore, should it change our view of what we think about the future of the company? collects not necessarily in this case. you should not worry too much about it. i have got to think there are a lot of things we do not know. this is a guy who has had clashes with boards

water from a leaking roof caused damage at the hello burrito and the lululemon stores on broad street. the chief code official says the damage is significant and they ordered them closed to keep people safe. >>> now a man is accusing jerry sandusky of sexual abuse. anthony spin ely says he was molested by the former football coach when he was a teenager prosecutors said they could not argue they could not file a complaint and penn state has settled with at least 26 sandusky accusers and victims. >>> there is new details about the knife-wielding terror suspect shot and killed in boston earlier this week. they say he was plotting to kill police officers in a particularly brutal way. >> overnight abc news learning that 26-year-old terror suspect, rahim, killed in the deadly confrontation with officers initially wanted to go to new york to behead conservative activist, pamela gellar the woman that sponsored the muhammad cartoon drawing contest in texas but rahim seen here in his high school yearbook changes and wants to behead uniformed police officers in massachusetts. >> when they confr

l lululemon not taking chances. thousands are being recall so they can change the tips on these tassels. >> thanks for that update. >>> still ahead on "way too early" severe weather into the weekend with 47 million in the danger zone. bill is tracking the storms and potential of record breaking heat. >>> and taylor swift's latest battle with apple and why she and her superstar boyfriend are making headlines. those stories and more when "way too early" comes back. sthoep ♪ ♪ ♪ before earning enough cash back from bank of america to buy a new gym bag. before earning 1% cash back everywhere, every time and 2% back at the grocery store. even before he got 3% back on gas. kenny used his bankamericard cash rewards credit card to join the wednesday night league. because he loves to play hoops. not jump through them. that's the excitement of rewarding connections. apply online or at a bank of america near you. when you ache and haven't slept... you're not you. tylenol® pm relieves pain and helps you fall fast asleep and sta

how you can pitch in to help decide the ugliest dog not >> coming up at 4:00, another recall for lululemone new problem this time and is going to be explained just ahead. >> mowing lawn for the drought. it is all about the cut. we tell you which are "a cut," above. >> two dozen loverrable but ugly dogs are competing for the ugliest dog in the world. >> it is not too late to cast your vote. here are the highest vote getters this is a 17-year-old pug. 17 yes. 17. morris, four-year-old rescue has 500 votes and people say morris is so ugly he is adorable. >> next, quasi moto. more than a thousand votes, the ugliest diagnosis contest at the sonoma fair in petaluma. and the owners allowed this to happen so they love them. thanks pore joining us. grass fed? mhmm. i'm super into health. bottled tap water? well all bottled water is the same right? you need crystal geyser alpine spring water. made by nature, not by man. crystal geyser alpine spring water. bottled at the mountain source. is there an elk in your bed? with sleep number, now there's an adjustment for that. only at a sleep number store.

lululemon. lulu. strong activity all the way august 72.50 calls. way over interest. >> pete? why, and we were talking at the desk off air and talking about mcdonald's. i like this name and saw weekly call buying in this name. does it break up to $100 a share i? kind of tend to think so right now, especially off of what we are seeing in the fast food space or casual dining space with garden, what they were talking about with the reit supreme court tour >> you like the possibility of mcreit. >> i do like mcreit a lot. >> not the mcrib, reit. >> salivating, it's lunchtime. >> stef? >> i'm looking at the pc data, mpd data for may, better than expected. these stocks have been totally ignored and they have underperformed. i don't think you need much good data to have these stocks see a little bit of a lift. >> jimmy? >> staples will soon get regulatory approval for their merger and that's why it's climbing to 17. >> guys, thanks. >> thanks. >> thanks for having me. >> "power" starts right now. >> "halftime" is over and "power lunch" and the second half of the trading starts right n

. >> any lululemon, any soul cycle. >> jimmy: by the way, my wife's been trying to get me to go to souleen your show i'm never ever going to soul cycle. >> it's terrifying. >> jimmy: your dad is chris chris elliot the great comedian. i'm not sure who loves him more you or me. >> probably you. >> jimmy: you might have the slight edge just because of that father/daughter thing. but you brought a picture. i know it was your dad's birthday last week. >> yes, last week was my dad's birthday and we made eight batches of margaritas. >> jimmy: for how many people? >> four. >> jimmy: you each drank a batch? >> two. >> jimmy: you each drank two batch. my math is not the best. >> yeah. and he he kept repeating after he made each batch, my god, what hast thou done to me and my family. he made the margaritas. >> jimmy: your sister tweeted this picture, and it looks like he's saying it right there. each of you drank two of those? >> yeah, at least. >> jimmy: and you've been doing this since you were kids? >> yeah. the fun thing with well, they have been my parents both have been, but we had fun, crea

>> number third, lululemon. >> there you go. more now. >> so you don't trust iran to live up to any nuclear deal? well then get a tsar to make sure they do. days left to wrap up nuclear talks with iran that's what the administration is planning to do but did the iranian president just do something that proves they'll never let a czar or anyone else enforce a deal. hi everybody. welcome to forbes on fox. let's go in focus with steve forbes rich elizabeth mcdonald, sabrina shafer mike and bruce. rich the iranian president saying again they're not going to let any inspectors in to military sites. how is a czar supposed to help? >> well you identified the problem

>> september 3rd at 11 -- look i'm bearish on half the market lululemon. >> there you go. more now. >> so you don't trust iran to live up to any nuclear deal? well then get a tsar to make sure they do. days left to wrap up nuclear talks with iran that's what the administration is planning to do but did the iranian president just do something that proves they'll never let a czar or anyone else enforce a deal. hi everybody. welcome to forbes on fox. let's go in focus with steve forbes rich elizabeth mcdonald, sabrina shafer mike and bruce. rich the iranian president saying again they're not going to let any inspectors in to military sites. how is a czar supposed to help? >> well you identified the problem perfectly. you could have john wayne. you could have clint eastwood. you could have tony stark and ironman as your czar and it's not going to do any good because the iranians have proven themselves very clever liars, and their long-term goal is to build a nuclear bomb. >> well bruce, you know we've had to deal with a lot of these arms deals over the years, and i'm thinking

lululemon out with earnings that beat on both the top and bottom lines. profit more than doubled and on that the yogawear retailer raised its revenue guidance for the year. shares rose about 11% to $68.27. and an ugly report from hovnanian. the home builder posted a quarterly loss that s larger than expected by weaker margins. the ceo says he expects the firm will post a loss for the year. shares fell. almost 10% to $2.86. >> general electric will sell its landing unit to canada's largest pension fund about $12 billion, the price tag there, a major step toward the industrial company's retreat from banking. were up a fraction today at $37.33. meantime campbell's soup spicing things up with the purchase of salsa maker garden fresh gourmet. the $230 million buy, part of the plan to diversify from canned food and get into the fresh and organic building. campbell's that's mm-good, closed at $34.57. blaming increased store closures and harsh winter weather. the off-price retailer announcing plans to raise the minimum wage for its employees with six months or mo

now lululemon is recalling women's tops due to a potential hazard.he hoodies have elastic drawstrings, the cord can snap back and cause eye and face injuries. seven such incidents have been reported. more than 300,000 are recalled. you can get new drawstrings at the mall the store or by mail. >>> remember when you'd wait for the ice cream truck, the excitement. amazon starts capitalizing on that its treschl truck. it will drive around seattle each day offering one item at a special price. good only at the truck and you can use the amazon app to track the truck. no word yet from amazon if the treasure truck will hit the trail in other cities. >> do they have those bomb pops that are multiflavored like the red, blue and white just in time for the fourth of july? i think they're called bomb pops. >>> google is taking the act on the road. its self-driving cars now being tested on public roads around silicon valley after months of private testing. the white bubble shaped car carrying two people and a little cargo, there's no trunk. that's the problem. the

. >>> clothing line "lululemon" probably best known for its yoga pants but now customers have uncoveredblems with hooteddies. 300,000 tops have been recalled because when those drawstrings are tight end and released, the hoodies drawstrings whipped people in the face. 7 people have been injured. they say they will make them safe. >>> chopper 5 spotted a four engine plane as it made several drops on flames yesterday. cal fire says it's the newest fighter on the force. we sent kpix 5's don ford to check it out. >> reporter: this is the newest weapon available to cal fire's arsenal. the jet circles in and lines up to help stop the flames before reaching homes. this summer more of these aircraft will be circling the skies above the flames during what's expected to be a very busy fire season. >> it's a very efficient jet aircraft. it's within of what we call our next generation aircraft. >> reporter: it's called a ba- 146. if it looks familiar to you, it should. not so long ago, these types of jets carried people up and down the west coast as short haul airliners. now a half dozen of them ha