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s&p 24. mcdonald's is being hit with lawsuits over sexual harassment allegations.- 5 for 15 fought. a group of starbucks customers is suing the java giant. they're accusing the coffee chain of exposing employees and customers to a dangerous pesticide. the suit said starbucks used the insecticide to deal with row depths. starbucks said the suit is to instill public fear. >> new graduates are using their first paycheck on something other than rent. >> reporter: young adults are using their first check on electronics. the most common purchase is a car and those 35 and over want to leave the nest. those and 35 are in less of a hurry. >> save that money and get out of the nest. >> right. get on with it life begins. thank you. >>> i have three kids. i cope telling them, too. time now is 5:40. >> straight ahead a california couple loses their dog. months later he's fond in michigan. this morning their emotional reunion at sfo. >> it's a breezy start to the day. we're watching the sky clear although a few showers lingering, especially for the south bay. also, we're trackin

dow up about 28 points we were down 57 points at the lows the big leaders on the dow, mcdonald's and shares of intel s also expected to close in the green now time for the second hour of "the closing bell." >>> very good afternoon to you welcome to "the closing bell." i'm wilfred frost. >> and i'm sara eisen. looks like we've got a positive close for the first time all week we are here with mike santoli, cnbc's senior markets commentator. check out the action as we settle out the day on wall street the dow higher by about 44 points final tick up there into the close. it was the defensive of the defensive though that led the move up in the dow coca-cola, mcdonald's shined brighter than the rest s&p 500 .2 of 1% kind of a mix in terms of sector performance. real estate did the best, then health care, then consumer discretionary. energy the worst crude oil declining more than 3% today. nasdaq up a third of 1%. underperforming again, wilfred >> a couple of those consumer names performed pretty well. apple interestingly a decent day, up half a percent, improving trade fears in that sentiment as you said oi

the best performer in the dow mcdonald's, up 9/10 of 1%. the s&p 500 is up to tenths of 1%. retailers telling most of the story today, but we also have cbs up 2.1% right now, and viacom up almost 4%. the nasdaq up 1/4 of 1%. this is bloomberg. ♪ ♪ vonnie: from new york, i'm vonnie quinn. this is the european close on "bloomberg markets." quite a lot of headlines to digest in the last couple of hours. markets.ck those abigail doolittle is with us. abigail: here in the u.s., bonds have been trading lower earlier, yields higher. now they are reversing. over in europe, we see the german dax still closer to the highs of 0.5%, with bunds still trading slightly lower. the question is whether this big rally we have seen over the month of may is a sign of slowing. if we go into the bloomberg, let's take a look at a very interesting chart that we took a look at with dan russo yesterday on smart charts. dan russo says this is a tell only markets. what we are looking at is a ratio of chips, typically a onding indicator used volatility. certainly leading on the volatility, that big downt

mcdonald. state police say the probe s continueut so far no other indictment. former sheriff also a subject of the invtion. he recently decided to retire s early a the controversy surrounding him grew.t buhe told news 4 he did nothing wrong and would work to clear his name. but today his attorney confirms the former sheriff died by suicide at his warren county home. the attorney for the former sheriff told me today he had not been notified that he was facing an imminent indictment. state police spokesman declined say whether or not he believed he would soon be arrested. in northerna, virgini'm julie carey, news 4. >>> virginia senator tim kaine visited a fairfax county middle sool expecting to talk about gun safety but it turned out to cover a whole lot more than that. the senator fielding questions from "eighth grade"eeighth grad. the questions ran a much broader gamut. >> middle schoolers are very tough and informed, so i got questions about gun violence but al s campusxual assault, climate change, immigration, trade issues. a i goted questions about all kind

and finally mcdonald's is facing a series of complaints over sexual harassment. on tuesday workers file twenty three complaints in the u. s. againstt the restaururant chaha. including g three civil rights lawsuits. the rivers are backed by a labor groupp the fight for fifteenen s well as timime's up legalal defe fund. this is the organization formed in hollywood last year following allegations against harvey weinstein. mcdonald's for its part says it's working to better address sexual harassment. any case mark reminder of the need to movements staying power and even when you put aside the specific cases. study showing the restaurant industry has one of the highest rates of workplace sexual harassment and deducted anecdotally c confirm that from people that i know of work in the industry that that it's it's rife completely but the thing is this whole issue is is dreadful. and the city would stop the back to call thank you very much in here over the business. crossing over the studio and the change of media watch the case a vassal lawn back here in front of the sea dominating the headlines the man of god to do state. the qu

about to take the market in a very different direction a downgrade for mcdonald's, what's that say about the big picture as the s&p hits another new high the halftime investment committee is ready to go now, here's scott wapner >> okay. welcome. good to have you with us on this wednesday. here to debate and trade the biggest stories of the day thus far, jim lebenthal, joe, steve weiss, jon najarian, jenny is here the ceo and portfolio manager at gillman hill asset management we begin today with apple, that stock once again topping a trillion dollars in market cap after the earnings beat and says business improving in china, the announcer at the top of the show says did it silence all doubters do you think it did? >> well, i'd say so. you know, i'm going to basically echo what pete says all the time about this particular stock. you look at services now an $11.5 billion number according to last night's report that's double what the mac is. that is screaming higher now, so, that means they've got a more diversified revenue stream to draw from, judge they drop an awful lot of that service revenue to the bottom line

they have their breakfast at mcdonald's and it's big enough for the landscaping truck to turn around.th s morning a group of montgomery county police officers arrived and said they were being arrested for transmitting. does contain the female officer using the "n" word. >> we havemore people [ bleep ]. >> reporter: as i said, i spokee to th young man who filmed that just a short time ago. here's how he described his reaction. >> i couldn't believe it. i could not believe it. i couldn't believe her face thas made. she thought it was a cool thing to say and it's not. this is almost from my standpoint, we almost always have to deal with this situation. . happens to a lot of us every day. >> montgomery county police tweeted out a responseo this short time ago. we do expect more from them, but what they said is we are currently in the process of reviewing all video footage. we have reached out to the ersons involved in the incident and more information is forthcoming. police also told us at one of tyoung men did say something derogatory to the officer after she said the "n" word. this is unfol

s judiciary committee. they want to talk to annie mcdonald as well.otes are cited more than 65 times. >> no collusion. no obstruction. >> reporter: even as the president declares victory in the back wash of the mueller probe, his team is trying to block congressional efforts to see the papers of don mcgahn and the notes kept by mcgahn's then chief of staff, annie donaldson. >> the case is not closed. >> reporter: a staunchly conservative lawyer, her name appears 67 times in the redacted mueller report and her notes from meetings between mcgahn and trump are at the center of some of the most embarrassing and controversial moments including her speculation that trump's decision to fire fbi director james comey would destroy his presidency. is this the beginning of the end? her reference to just being in the middle of another russia fiasco. she recorded details about efforts to pressure jeff sessions over his rescusal from the russia probe and trump's interest in canning robert mueller. when the report emerged and the impact of donaldson's words were cle

wassaly banna, and and it'keck the retailing and mcdonald's rounds out the top the dow advanced 207 points and 25,532 and the nasdaq was up 87 and the shat is "nightly business report" for i'm sue herera. thanks for joining us. >> i'm bill griffith. have a great evening. we'll ♪e you tomorrow. ♪ announcer: this is "bbc worldca news ame >> funding of this presentations is made le by -- the freeman foundation. and judy and peter blum kovler foundation, pursuing solutionss for america'glected needs.be >> wow, thatlievable. ♪ i'm flying! >> stay curious.

s coffee. ashley: from mcdonald's? this is a big move. stuart: up $1.35, 2% higher. i did that.ellogg's profit down, $56 a share, down $2.50. >>> let's get to venezuela. just listen to what the president had to say about juan guaido's situation. roll tape. >> i've been watching him and watching the moves, and you know, there's a lot of stir for him and it's from a constitutional standpoint where it's supposed to be. he was elected. they should be running it. now, at least we could go in and help him a little bit and maybe a lot. stuart: maybe a lot. interesting phrase there. joining us, charles shapiro, former u.s. ambassador to venezuela. mr. ambassador, it sounded a bit there like the president was contemplating at least the use of force. if he did it, would it be a mistake? >> in my view, yes. stuart: okay. how else do we get this guy out? >> look, we have been working on this for years. maduro is lucky, he's uncharismatic but he's a survivor. he's managed to stay in office despite the miserable economy, million percent inflation, huge humanitarian disaster going on in that c

mcdonald's and it's not for humans. it's for the bees. the honeybees. yeah. this mini mickey d.'ssands of honeybees. pretty cool. it's in sweden. my question is -- >> is their ice cream machine working? >> there it goes. polka. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ that's the world news polka hat's the world news polka ♪ ♪ that's the world news polka when i have an asthma attack... i feel scared. sometimes my parents have to take me to the hospital. i feel like a fish with no water. you know how to react to their asthma attacks. here's how to prevent them. call... visit... or call your doctor. because... >>> this morning on "world news now," a bombshell in the harvey weinstein saga. we've just learned of a tentative settlement worth millions that he is set to pay his alleged victims. is this the end of hollywood's biggest sex scandal? >>> also this morning a tragedy on mt. everest. an american reached his dream of climbing to the summit but then died on the mountain. find out why his family may not be able to get his body back. >>> new this half hour, the best type of vacation for your we

for jason to fight his $300 ticket $1,000 [ laughter ]s this ie kind of story we need right now the only thing americans love more than eating mcdonald'smy god [ laughter ] the only thing americans love more than eating mcdonald's is being right. a mcdonald's hash brown costs $1 if jason had $1,000, he could have paid the $300 ticket and then bought 700 hash browns. but jason wasn't hungry for 700 hash browns. he was hungry for the truth. so what happened well, faced with more evidence than the average murder trial, the judge ruled in jason's favor, and the ticket was overturned there you ee [ ch and applause so, it looks like hash browns aren't the only thing being served [ laughter ] this is the kind of story we need right now ♪ [ cheers and applause we'll be right back with bryan cranston, everybody. [ cheers and applause ♪ [musicndnd singing in the [music and sinng in the background [music and singing in the background] alright, let's gyo going! and want to make sure to aim it. i'm aiming it. ohhhhhhh! i ordered it for everyone. [laughing] (dad vo) we got the biggest subaru to help bring our family together. i'm just resting my eye

s come on man anyway let's go through some of these protests turning our collapsing country upside down can't these protesters just let us collapse in peace you know workers at mcdonald's have gone on strike because they say the restaurants are a magnet for crime a worker rights group tally more than $700.00 news accounts of violence at mcdonald's outlets over the past 3 years with guns involved 72 percent of the time that chaos includes customers attacking workers over missing french fries. oh does one know if a french fry is missing from one's order fries do you test your salt. the level after eating them and if it hasn't spiked you pull a gun on the cashier. anyway this is not only an issue because mcdonald's workers are not trained to deal with violence but also because they are hardly getting paid for it you know if someone's going to throw their body between a knife wielding maniac and a bucket of fried chicken beaks they better damn well be getting more than $8.00 an hour. so i feel. i mean i don't know if we should be shocked though that violence is rampant and mcdonnell's what do you expect from a restaurant whose mascot is a masked bandit. should have seen th

s&p also down almost 1%. we'll see where things go from here. >> we had a chance to catch up with the ceo of mcdonald's this week, steve easterbrook, last night in an exclusive interview at the company's new flagship times square location and asked him about the new digital ordering kiosks you're going to see the company is rolling out, how they change the business and how uber delivery and amazon, believe it or not, have changed mcdonald's style >> we look to design the restaurants to accommodate each and every need i think one of the things we tried to do the last three or four years because maybe just four years ago, you could only really order, line up at the front counter or go traditionally through the drive-through. now we have self-order kiosks, mobile order pay, home delivery and the evolution -- >> and delivery is now $3 billion business. >> yeah. 2018 we built it to a $3 billion business it's going to be close to a $4 billion plus by the end of 2019. >> more than half of your global stores. >> more than half of the restaurants now. we're still continuing to expand the number of restaurants that offer

mcdonald's is committing 150 million dollars in tuition assistance, education, and career advising programs... prof: maria ramirez mom and dad: maria ramirez!!! to help more employees achieve their dreams. s... s...u... s...u...v... these letters used to mean something. letters earned in backwoods, high hills, and steep dunes. but somewhere along the way, suvs became pretenders, not pioneers. but you never forgot the difference, and neither did we. there are many suvs, but there's only one legend. hurry in now to the jeep celebration event and get $500 additional bonus cash on select models. >>> u.s. markets back open today. monday was a break for investors as they brace for another volatile week. last week stocks fell for the week. several big days of declines. the dow had its longest losing streak really since 2011 on a weekly basis. investors are growing increasingly worried that the u.s. china trade war is here to stay. trade tensions will stay at the forefront as retail earnings roll into the next week. warning that the trade war will affect business and could hurt customers. kohl's, home depot, walmart said tariffs will lead to higher prices on some items. hand full of retailers rep

mcdonald's in white oak. police say the men we trespassing. they said they were waiting on a ride to work. coming up, megan mcgrath with what led tor the racial ssed and the department's response. >>> chelsea manning is no longer in federal custody, but that m be short lived. the former soldier was in the alexandria detention center for refusing to tesfy before a federal grand jury about the release of wikileaks documents. manning served seven years in a military prison for leaking i documents to wleaks. her 35-year sentence was commuted by then-president barack obama. >>> president trump is rushing is on to his son'sefense after donald trump jr. was subpoenaed to answer more questions related to russia. the republican-led senate intelligence committee wants to. know if don j was forthcoming when he testified about his 2016 trump tower meeting and the trump tower moscowc projet. prusk argues congressional investigators are trying to reopen the mueller investigation. >>> today you can start investing in uber. the ride-sharing company is going public. e for nowach share will cost but $45. the move comes as the company faces demands from its drive

mcdonald's is committing 150 million dollars in tuition assistance, education, and career advising programs... prof: maria ramirez mom and dad: maria ramirez!!! to help more employees achieve their dreams. (danny)'secause you didn't!? mom and dad: maria ramirez!!! your job isn't doing hard work... ...it's making them do hard work... ...and getting paid for it. (vo) snap and sort your expenses to save over $4,600 at tax time. quickbooks. backing you. need a change of scenery? kayak searches hundreds of travel sites - even our competitors - so you can be confident you're getting the right flight at the best price. kayak. search one and done. the wifi that set just raised the bar again. introducing xfinity xfi advantage. it comes with everything you love about xfi. the best speed, coverage and control. but it doesn't stop there, you also get enhanced network security, safer browsing, and more. plus it helps to optimize your network's performance. giving you the best coverage from attic to basement. so you can focus on streaming your favorites. not finding a signal. make the best wifi even better,with xfi advantage. simple, easy, awesome. so now you can bring in your own phone, switch wireless carrie

s control 80% of the market. three companies control that. the largest p.b.m. and the largest p.b.m. in 2016 had gross revenues that exceeded that was rd motor company and mcdonald's. i'm not opposed to making money, but tell me how a company can make more than five pharmaceuticals, mcdonald aand ford motor combined. and make matters even worse, those companies are worldwide. this p.b. mmp is domestic and just here in america. i'm not opposed to anybody making money but tell me the value they are bringing to the system. they are not. that's why i am in support of what c.m.s. is proposing, of doing away with the d.a.r. fees and the discounts, if you will, are given at the point of sale, increasing transparency. madam speaker, the next speaker is a good friend, a member of e georgia delegation, rick allen from augusta. he understands the challenges in business and health care costs i'm sure were challenges for him. i would like to recognize him and allow him what time he may consume. alalthank you for yielding the -- mr. allen: thank you for yielding the time and this issue is affecting far too many americans. it's a shame to keep doing things and they don't work. s

in the 1960's, donald's brought -- mcdonald's brought fast food to the national level.he main component of their business that sets them apart was that their main ce ands were convenien low cost. the new serving system which allows simple food items to be served in less than 10 minutes to let people get on with their busy schedules while having a full meal. these businesses also solve problems for their customers. of the most notable examples is the opening of the first mcdonald's drive-through. that was in arizona state. workers were not allowed to go out into public with their uniform. >> [indiscernible] order for them, mcdonald's, they had to open a drive-through. that's what entrepreneurship is. you were can you provide a solution. >> not only does the fast food business reflect american core values and their business, they have it dinner business mindset. many fast food chains like mcdonald's [indiscernible] model ischise business company,t between the let's say mcdonald's for example, and a business person who says they want to operate one or 20 mcdonald's restaur