he wanted to apologize to mike johnson -- what am i going to say? >> what am i going to say has he done everything he can to help minorities? i don't think so but i'll say it, he is great. i just done think he is a good example for the children of los angeles. >> two weeks ago, adam silva banned him for life fined him 2. $5 million and urged other league owners to force him to sell the team. >>> today is the start of twitter and a group company who is funding and a girl who has a lemon aide stand to help end child slavery. >> this is related to the success of our small businesses and the success is related to the success of others. >> every year since 1963, the small business administration has hosted this week to showcase small businesses from all 50 states. >>> they are searching for suspects in a popular city park. it happened on archer street in east san jose. he is expected to survive and is he not clear what led up to the attack or how many people were involved. fire officials now know what sent the fire of burning garage. the fire burned for

mike johnson controls. why do you like them?> building materials, exceptionally well run company and their earnings is going to surprise on the upside. >> this is such a great stock. why do the insiders spend their free time selling the shares. >> that's a word of caution. >> carmax? >> it's a no haggle used car lot chain. i would lo to buy used cars that way. >> what do you think of carmax? >> their earnings were disappointing last quarter. they are going to be continuing to be disappointing. prices fell last quarter. >> two recommendations. two warnings. thanks guys. that's it for forbes on fox. ha wonderful weekend. the number one business block continues with eric bolling and cashin in. >> it's being called the worst prison break in american history. murders, rapist, kidnappers, and drug dealers walking free on the streets of america. they're out of jail and america is out of patience. >> plus, fast food workers want more, more, and more demanding higher wages as food prices soars. and then, private companies are spying on o

mike. all of you gentlemen, have a great weekend. scott black, craig johnson, michael gerka. 6.3% unenemployment sound like great news but if you ask the real job creators, you have some say it is far from the truth. closer to 10%. we're talking to three members of the job creators network about the real state of hiring. >>> also while investors are focused on the selloff in social media, maybe missing something very important, a more important story in silicon valley. right now, look why mark zuckerberg won't be remembered years from now. elon musk probably will be the guy dominating the conversation. >>> we're heading back to liz at the berkshire shareholders meeting. liz, what do you have coming up? liz: i can tell you warren never invested in social media stock. he does have a twitter account. doesn't really tweet. david, coming up two people who know how mr. buffett thinks, how he invests and how he lives his life. our next two guests, one is on the other side of the phone when buffett buys or sells his investments of the other chronicled warren buffett's

johnson. a family company this is mike. his long race day starts with back pain... ...and a choice.e 4 advil in a day which is 2 aleve... ...for all day relief. "start your engines" >>> our "instant index" on a friday night, beginning with a blockbuster surprise. a larger than life movie star in not just on screen, but in the crowd. that's tom cruise at his new movie, "edge of tomorrow." showed up unannounced. watching it with his fans. >>> and a tribute tonight to maya angelou. tonight our robin roberts accepting the beaken of life award on her behalf. she died at the age of 86. hope, resilience, strength and equally. an honor for robin and for us all. >>> when we come back, there they are. the two champs sharing the title. right here on "world news". but who's the better speller? when jake and i first set out on our own, we ate anything. but in time you realize the better you eat, the better you feel. these days we both eat smarter. and i give jake purina cat chow naturals. made with real chicken and salmon, it's high in protein like a cat's natural diet. and no added artificial f

. >> mike malloy, i want to ask you about johnson crapo. we will replace many of the functions currently performed by fannie and freddie with new privately capitalized guarantors or the kind of security's execution, some folks have suggested maybe you could do, get to the same place simply by restructuring and and freddie as a seller service or to the gses. how do you think about the benefits or disadvantages of one over the other? .. >> is another principle that you have to say, okay, how does the government play there, what is that role, is that, you know, how does that role play itself out. i think those are the items that, you know, back to what the director's doing, back to, you know, johnson-crapo, what they were trying to do, back to any of the things. you know, rather than what is one insight or the other, you have to move back to those principles and say are we moving, you know, are we talking about the right principles. and that's where i think the debate has gone, but i think that concept of private capital coming back in is crit

johnson. replacing him with his own predecessor mike goldman about 13 months ago.t the time many believed the company was on its deathbed and penney could not be saved. over the last year, omen has proved the doubters wrong. the company reporting a stellar quarter last thursday with a 6.5% increase in same-store sales. it's taken time to get penney's house in order down to just below $5 where it bottomed back in february. since then the stock has begun to climb higher. i think it's got a lot more room to run. how did olman pull it off? he raised cash, the preferred way to do it through new credit lines and equity offering that did hammer the stock but ensured the company's financial liability for a long time to come. he cleared out the high-price merchandise. it is so hideous johnson had brought in, we know that because activity dropped from 21% last year to 17%. they restocked with inhouse private label brands that penney's core customers had always loved. the great thing about private labels, it carries much higher margins than selling other people's brands. it's

comparable store sales down, a staggers number one that parts -- ron johnson, a little more than a year ago. penney brought back tried and true mikemean, the former ceo and immediately said, even though the appointments was only meant to be temporary. you willman immediately made several shrewd moves, the first raising cash in a brutal equity offering. next he cleared out all the merchandise that johnson had brought in, because it turned off shoppers. the displays chiefly showcasing more -- sent shoppers to just about every other retailer. especially macy's which had been the huge beneficiary of the downfall. then offering private label brands, given the far more bountiful gross margins the change gave a lift to the cash flow, which took any monetary worries. you willman is going on the offense now. first made perment ceo. by the remarkable work he's done. second, the lapsed penney shoppers are returning as the markets and promotions that penney had been done before johnson's tenure are revived. finally the home furnishings department totally in sync with what the shoppers went. he's the only merchant i follow that can claim to ha

mcconnell is someone who will come to washington like senator johnson of wisconsin or mike lee from utahhe'll be as far outside the mainstream of the party in terms of attitude as ted cruz. he'll be a senator and peter ricketts will be senator most likely. >> and magic johnson was first dragged into this controversy after sterling confronted his then mistress over a photograph. stiviano posted the image of magic johnson on it instagram. sterling told her not to bring magic or any other african-american to clippers game during that original racist rant and then sterling went after magic johnson again, this time, believe it or not, for having hiv. >> what has he done? can you tell me, big magic johnson. what has he done? >> well, he's a business person, he -- >> he's got aids. did he do any business? did he help anybody in south l.a. >> i think he has hiv, he doesn't actually have full-blown aids. >> what kind of guy goes to every city, has sex with every girl and then he catches hiv. is that somebody we want to respect and tell our kids about? i think he should be ashamed of himself, he s

but that will change as johnson, keselowski, hamlin and stewart make their final stop, larry, if they make a final stop. >> they would have to go 63 laps, mikeuld be with no help from caution. i go back to brad keselowski's win here in june of 2011. he went 57 laps which was unheard of. he was having to shut the engine off in the corners that day. >> tony stewart is in and so is jimmie johnson. stewart finishes up his service. here's matt. >> jimmie said he didn't like the car on four tires. chassis adjustment and fuel for the 48. >> splash and go. >> that's it, brother. >> for jimmie johnson. >> pretty nice call. >> ricky stenhouse and jeff gordon. is now .8 a second up on the number 4. >> i've been watching these two guys here. i figure it filters back to them sooner or later. 4 car, kevin tried and tried and realized he can't get around jeff gordon. he cooled his jets right now. make a late run at him or not. the 24 is the best car. >> the two leaders, brad keselowski and denny hamlin have yet to make their stop. ten laps to go, keselowski is the leader and the trend not in his favor. >> mike, when i look at his lap times he's not slowed

mike, let me begin with you. can we take sterling's apology seriously? when he ends up being very critical of magic johnson in that same interview and now fighting the nba? what do you make about all that's taken place in the last week? >> he's tripping all over himself. fredricka, good to see you and my good friend lee. how are you doing? you know, one of the things that is important for any true apology is to have three components. no ifs or buts in it. it needs to be authentic, and it needs to be respentant, and he's failing with all three areas. as a result we don't believe him. he need more than words. we need to have actions, and his history also doesn't put him in a good place for us to trust him. >> and, lee, you know, sterling has threatened to sue the nba. if they don't take back the fine, take back the ban. how does this assist him, help him, maintain his team? >> it doesn't at all. remember that when an owner buys a franchise in professional sports, they are not buying a private business as you might think of it. they agree to a whole set of rules. he agreed to abide by those rules. the argumen

vladimir putin has not further invaded ukraine while ron johnson says they are not working and the u.s. needs to provide lethal aid to ukraine. >>> mikes standing firm on his views of the death penalty saying i alelize this may sound harsh but as a father and former law man i really don't care if it's by le tall injection, electric chair, firing squad, hanging, the guillotine or being fed to the lions. >>> things are heating up down south and summer's coming. in alabama, there are a record 11 african-americans on the june primary ballot running for various offices for state legislature to board of education. what makes it historic is all 11 are running as republicans. gop says it is evidence that their recruiting efforts with minority candidates are working. pamela blackmore-jenkins is running for a seat in the state legislature. she joins me from birmingham. thank you so much for being here. tell us what drew you to the gop given the numberses we have seen over the past several years, even in 2012, that 2% of african-americans identify themselves as republicans. what is it about the party that drew you in? >> well, first of all, i re

johnson is available. and will be. >> will be for a while. stand by your phone, ron. >> mike, meantime, revealing his best.ic has details. what's he saying? >> he's talking about what's happening with brazil. his idea he's pitching again. mike saying brazil remains a compelling investment idea. some things he talked about basically, it's so bad in brazil, it's good according to mike novogratz at fortress and pessimism is an all time high and presents a good opportunity to enter brazil. mike says brazil is so bad it's good, now talking about brazil as an investment opportunity. pessimism may lead to an investment opportunity. he's just wrapping up there. chris is taking the stage right now and we'll bring you details of new ideas there. novogratz of fortress likes brazil. over to you. >> we look forward to this comment. >> i will give you a way to play it. gol, brazilian airline cutting back on capacity. the ceo of delta sits on their board. novo thought so much of brazil, you looked a his shirt >> pretty casual. >> an ugh any shirt had the brazilian flag on it. i think they will do quite well. capacity com

johnson and saying that donald sterling should be ashamed of himself. >> katie marzullo will have more on developing story at top of hour. >>> a lot of folk will talk about that. mike, we have a "spare the air" day that does not go hand in hand with cycling but we have the amgen tour of california town. >> with the forecast and it will be hot out there. we will get you outside, at 48 in woodside a cool spot on the peninsula and the low-to-mid 50's in palo alto and redwood city and foster city and san mateo and nearly 60 in san bruno and belmont. hard to get the house cool when it is that warm. antioch is a warm spot and 60 in plan. 52 in san ramon and check out santa rosa and napa at 50. half moon bay is cool at 44 degrees. all the temperatures, at least one to seven detection warmer than yesterday. our heat advisory stars at 1:00 o'clock and goes through 8:00 tomorrow evening. that is when we have the dangerous life threatening heat for some folks in the north bay, the east bay, and the santa clara valley and santa cruz mountains up to san francisco. everywhere but the coast. at the coast tomorrow we have a dangerous rip current condition. today, 50 to 60 so not s

johnson. the second half of the year, he is up against himself and those are tough comps. i like mikebut with the valuation -- >> are they taking anything from macy's? >> we own macy's and a little nervous, quite frankly. interesting to see what t.j. and ross do. i agree with the second half of the year. i think we have one more good quarter of easy comparisons and the stock can turn around. >> is this true, a stock that almost everybody had written off. >> 30% of the slow is short and has to reverse head and shoulders bottom pretty powerful. that being said i weigh in on the side of joe in the short term. i think the easy money has been made, up 58% over the course of threes months. >> they said that a while back about best buy. >> that collapsed at the end. they rode the short squeeze and couldn't deliver. i'm with joe and like stephanie's points and in the short term already got the bounce. >> this was a going out of busy direction story to now going right direction story. >> the ceo returned and to joe's points the comps will get tougher going forward from here. that's where it be

mike krukow, talk to you a little bit later now. back to the studio. >> let's talk football. earlier today, the 49ers traded a fourth-round pick for stevie johnson who pulled in 52 catches last season. the next of two rounds in the draft are now in motion. the red and gold possessing two picks in tonight's second round and three in the third. with the first selection of the second round, the 49ers actually traded the pick and then made another trade dropping down lower and picked up ohio state running back, his 57th overall. hyde also blasted opposing linebackers while with the buckeyes. >>> jimmy ward announced to the media. the northern illinois alum all about focusing on his new gig. >> i didn't even pack. i packed a bag and a suit. so i got tee shirt, sweats, hopefully coach said everything i need is in here. so i'll be wearing san francisco sweats everywhere, take pride in it. rid is my favorite color. may not take this off for a good week. if you see it on the next week, it shows you how passionate i am for this program. >>> carr is seen as the quarterback of the future behind matt schaub. the younger brother of david carr who schaub repla

johnson is in the field today. >> they take care of the water. that is their livelihood. >> he and his colleague drip irrigation system. data will be collected to help mikeheri kennedy to determine when to adjust the how much. and what to do when plants are stressed by too little or too much water and supplement their knowledge. >> if they found plants weren't looking or looking as strong we look to make sure there wasn't an invasive pest. >> having access to data can help you make decisions right away. >> this week's heat wave will require more water because they haven't shaped the soil. >> plants are still. roots aren't deep yet. so at the same time, drive down deeper. >> stressing a plant can impact flavor of the tomatoes. >> you're saving money and have a better quality product to market. >> in gilroy, abc7 news. >> magic johnson is rerespond responding to comments by donald sterling. he didn't stop there. he went on to criticize magic saying nba legend did little for charity or inner city business ask was not a good role model for kids. >> what kind of a guy goes to every city and has sex with every girl? then catches hiv? is that someone we want to

mike mckee on the injured -- indian elections. mr. modine giving an emotional speech to parliament moments ago. fu and adam johnson are with me.out technology? >> cisco gave investors something to cheer about. but the business slump in traditional hardware could make it hard for investors to be optimistic. now is frank cal baroni. cory johnson is here with us as well. has been in a constant state of reinvention over the past couple of years. a lot of headlines about exiting businesses and cutting jobs. are you done with divestments and cost cuts? yearsr the last couple of we have had a lot of transformation in the company for the better. when you think about the overall environment, there is a lot of change going on in the technology industry. working through the changes, making sure we are making the right investments for the future is critical. we did make some trade-offs, but more importantly we wanted to make sure that we invested in areas that were good growth opportunities in the future. areas like security, data center , services that would help to expand our portfolio offerings to customers in the future. >> it is inte

mike dunleavy, like bill fitch. this is a guy who tends to wind up in court with a lot of his x ex-employees. >> a lot of court cases over the years. sunny, magic johnson said he talked to sterling on the phone, told him to apologize right away, to speak about all of that with his attorney what to do next. that was, what, two weeks ago. so what advise does magic johnson have for donald sterling right now? i want you to listen to this. >> he finally apologized, but he still hasn't apologized to me personally. that's okay. even if i don't get it, i'm fine with that. look, you're 80 years old. you've had a tremendous life. right. and you're going to benefit whatever the price tag is from this team selling. just go ahead and enjoy the rest of your life, you know, you're fighting a battle that you can't win. and then you're putting your family in a tough situation as well. it's not just him. he's making his family members look bad by going out, saying these things about myself, african-americans, on and on and on. so if i was him, i'd just, you know, benefit from the fruits of my labor and just take the money, go and enjoy your life. >> what do you think ab

mike, thanks a lot. see yo announcer: it's "live with kelly and michael." today, from "america's got talent," howie mandel. and a performance from the winner of "american idol," caleb johnsontexas, our next finalist in "live's" top fitness instructor. all next on "live." [captioning made possible by isney-abc domestic television] anno here are kelly ripa and michael strahan! [cheers and applause] ♪ >> [grouplove's "tongue tied

mike, thank you very much. appreciate the talk this morning. >>> we, of course, will have more of what magic johnson has to saymorning. you can also hear more from mr. donald sterling in his exclusive interview with anderson cooper. you have to watch that on "ac 360" tonight at 8:00 right here on cnn. >>> i want to tell you about other news. a bizarre scene in baltimore when a man claiming to be god smashed a stolen landscaping truck into the lobby of a local tv station. the incident had reporters at the station scrambling to cover their own story. >> a frightening scene. this stolen landscaping truck smashing through the lobby of a tv station in baltimore, ramming the building over and over before crashing through. all of a sudden, glass is breaking. and there's a truck coming in through the front lobby. >> reporter: minutes before the crash the unidentified man is seen on surveillance video trying to enter the station. >> he then heard a person screaming, let me in, let me in. the person then began to scream, let me in, i'm god, i'm f'ing god. >> reporter: this oklahoma video showing moments that forced the

mike, good morning. >> reporter: good morning, savannah, as you showed among the biggest names already mentioned, key players and investors, talk show titan oprah winfrey and former laker's star magic johnson, so far, donald sterling has given no hint whether he will consider selling no what's the commissioners say. the first order of business is on the court tonight t. clippers up three games to two, over a gut check on monday as the scandal swirled and them. but off the court today, a committee of nba owners will meet to gen what could be the process of kicking donald sterling out of their club, as urged by fba commissioner adam silver after bank the clipper's owner from the team and the leak for life. >> i will urge the board of governors to exercise its authority to force a sale of the team. >> reporter: easier said than done, liam experts agree, sterling has a lit tim just history and a unanimous vote by fellow owners could take years. >> the question is, will the pressure from the other owners, from the sponsors, the players, will that be sufficient to essentially force him to sell the team? >> reporter: sterling remained silent. nearly a dozen potential bidders for his team purchase