i founded a company called nextel. when i first started to be an entrepreneur, i took my life in ags, invested them company, and in six weeks, i hope that company go totally broke. -- went intotate, real estate, to be six months to real estate. at the age of 27 euros old, with my student loans coming due, i was living out of my car, sleeping on friends couches, but i got a third chance. i got told about this new idea called cello for -- cellular telephones. my classmates were saying to me, go get a real job. he is going to one a car phone? they are still practicing law. [laughter] that means having started nextel, i'm the only speaker that you will ever have that says even when i'm speaking, leave your cell phones on. [applause] , you hear theff annoying sound. i hear chaching. been a white guy with the right education, i might not have gotten that third shot. the one thing that we should make sure is possible in america is we can't guarantee you success, but everybody in america ought to be guaranteed a fair shot. tha

this is nextel's deadline. the tower has to be up and completed. >> we left nebraska and it was nonstop. werove straight through, loaded the equipment, got back in the truck, and drove nonstop. >> smith: he planned to sleep back in nebraska, but then he arrived at work site. >> when we got back there was a nextel vehicle on site. >> i assumed that he was there to rattle our cage, get us to go faster. >> smith: hull didn't know it was just a technician. he felt pressured and immediately ascended the tower. we obtained the government investigation video and showed it to hull for theirst time. >> i'm just amazed that i'm even here. i remembering hearing a loud noise. >> smith: a huge piece of steel broke lose. >> my head was jammed into the piece of steel and knocked me out. >> smith: hull fell 240 feet, but his life was spared after his safety harness broke the fall. >> the operator pulled the wrong lever. frankie was with me on the trip from nebraska to texaand back. >> neither one of us was rested. and we have

cabrera mentioned that i founded nextel. what he did not mention was that when i started to be an entrepreneur, i took my life savings, $5,000, invested in an energy startup company, went to work for that any, and in six weeks, i helped that company go totally broke. went into real estate. to fill itsix months real estate. at the ripe old age of 27, with my student loans coming due, i was living out of my car, sleeping on my friends couches. only in america, i got a third chance. i got told about this new idea called cellular telephones. i remember my law school classmates saying to me, warner, go get a real job. who is going to want a car phone? they are still practicing law. [laughter] that means having started nextel i am the only speaker that you will ever have that sheds, even when i'm speaking, leave your cell phones on. [laughter] [applause] you hear go off to my an annoying sound. i hear teaching, teaching -- cha-ching, cha-ching. [laughter] let me acknowledge, if i had not been a white guy with the right education,

that tops the rival bid by sprint nextel by almost 30%. offer last week. dish happens to be raised in a battle with japan's softbank to buy sprint. >>> and warren buffett is taking a gamble on the las vegas strip. berkshire hathaway's mid american energy unit strikes a deal to buy nv energy a utility that powers las vegas and its power hungry casinos for $5.6 billion. mid american will pay for mb, a 23% premium to wednesday's closing price. this company is trading higher by more than 4 bers in germany today following that news. >>> keeping you up to date with the u.s. futures, we're well ahead of the market open stateside. we're called a little lore, not by much. the s&p 500 just gone a little higher on this opening call. a flattish call, but they're becoming better and they have become better over the last hour. >>> showing you the nikkei once again, we saw big correction in the overnight session, the nikkei 225 closing lower by more than 5%. joining us from the cme is the owner of the kenai capital management group. how do you trade in t

sprint nextel is flat.he federal trade commission is reportedly investigating complaints from google's rivals that the internet dpient is abusing its power in the display ad market. the probe is in the early stages. the inquiry comes months after the equity ceo ended its long running in search of search and search ad business with most of the revenue generated by utube. >>> google shares are pretty flat at the moment. >>> plus, there's an official sponsor of the wembley final. adidas has designed a special anniversary ball celebrating the six past european cup show pieses held at wembley. after the break, we'll be joined by the ceo herber hainor for his take on the game. that comes up shortly. reminding you of what's going on in european equities, we are weighted to the upside. [ driver ] today, my ambulance knew all about a bike accident, just by talking to a helmet. it grabbed the patient's record before we even picked him up. it found out the doctor we needed was at st. anne's. wiggle your toes. [ driver

. >> well, and they are trying to do a deal with nextel.ns is, there's a floor under the stock. so, i really like this. you are collecting $1.50 to sell a put on a stock that's below $40. the stock has to drop more than 7% before you're experiencing any losses. this is a good way to select some premium. up know, you have to leave some margin in your account. you are going to have to buy the stock, if it does drop that 7%. >> okay, coming up, boys, groupon has been on fire, but could there be even more gains to come? we're going to find out after this. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'l

senator from new york saying he has real concerns about plans by japan's soft bank to buy 70% of sprint nextell. it's up about a third of a percent. delta airlines making a big bet on new york. phil lebeau is at. >> i'm phil. as frequent flier loungers go, this is one of the more intriguing perks. the new sky deck and the new terminal at jfk coming up on "power lunch." ♪ [ engine revs ] ♪ [ male announcer ] just when you thought you had experienced performance, a new ride comes along and changes everything. ♪ the 2013 lexus gs, with a dynamically tuned suspension and adjustable drive modes. because the ultimate expression of power is control. this is the pursuit of perfection. tdd#: 1-800-345-2550 hours can go by before i realize tdd#: 1-800-345-2550 that i haven't even looked away from my screen. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that kind of focus... tdd#: 1-800-345-2550 that's what i have when i trade. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 ...helps me keep an eye on what's really important to me

. >>> spring nextel received aware of to release information to another potential bidder.g agreed with the japanese company dish network later offered to buy the entire company but they are spring will -- sprint will stay with the original deal. >>> attendants will be down this year and about 650 are expected to attend the conference in hawaii and that's a third who went to last year's event in new york. it makes no sense for them to be there but they are worried how a trip to hawaii could be perceived by people back home who are worried about under pension. >>> and in headquarters, inn strip experts expect the new cop sole could include satellite being a essential -- access. -- call of duty ghosts. that should be a good one. >>> these giants are works of art. why they are out there and we will have more on who wants them remove. >>> download the ktvu app and you can watch all of our newscasts any time on your smart phone, so you can be connected any time. . >>> well examine back, time now 854 -- 5:54, there is an online petition circulating to have these giants sculptures

. >> sprint, nextel and soft bank entering into an agreement. the dish network which launched a $25 billion offer for the network. let's take a look at how all three are trading right now. softbank is up. that can't be dollars. >> look at the symbol under that. >> that's a crazy one. dish, 39.14, down a buck. >> another foreign deal causing chatter if not national security concerns. smithfield foods is bought for more than $4.5 billion. there is a look at smithfield, up $6.58. questions are being raised about why china wants our pigs. >> the reason this chinese company, that's the biggest meat proce processor, is the very same reason why the deal is controversial. the reason is food safety. they don't have it in china. we do have it in the united states china, very much the government has made it clear that in the next 20, 30 years they want to modernize agriculture in the same way they modernized manufacturing. we know it's going to be controversial. we're waiting to see whether or not congress will weigh in. the ceo of smithfield, larry pope,

restricted women's access to reproductive healthcare. 600 north carolinaens were arrested but the nextelheduled for june 3rd and is referred to the super moral money. super morality, or super majority, i like the idea of progressives harnessing their power for good. next we head to vermont. yesterday the state passed the bill giving doctors the ability to describe lethal medication to the terminally ill. given the immediate force of the law, hospitals have limited time to digest the new rules. >> there is a lot of work to be done between essentially the bill that we've got now and getting physicians to that point point. >> michael: barbara coombs this historic achievement is a political break through that will boost support for death with dignity bills worldwide. this is the went of the war room. we will see you tomorrow. i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with some hidden agenda, actually supporting one party or the other. when the democrats are wrong, they know that i'm going to be the first one

>> caller: about the pending merger of sprint/nextel and softbank. do i stay and buy?ke sprint. dan hesse, he'd be the man. that, ladies and gentlemen, is the conclusion of the lightning round! >>> a down day. only one day after an all time high for the dow and another up tuesday. home prices are rebounding. despite the good news, we were in the red today. it goes to show you that now is not the time to be lazy. you need to dig in your heels preparing for days like this. let's put your picks to the test on tonight's round of am i diversified? if you owned those good stocks so good so long, you got crushed. that was not being diversified, call me or tweet me @jimcramer. i didn't tweet that much, i was with my kids. maybe you need to mix it up a little. why don't we start with a tweet from heinric_thuren who tweets am i diversified? boo-yah to you right back at you sunshine. here we go. northern tier, that dividend has got to be way too large. oil, sysco provides restaurants with food, waste management, verizon, a high-yielder, got to get higher, ben doing a good job. ai

soft bank, of course, plans to buy an an ex -- nextel, but so does dish. seems sprint likes the soft bank deal more than the dish deal, even though the dish deal per share is more. the combined company brings price advantages to the u.s. wireless market. we know that's what the regular laters want caring more about the customer than the competitor. the u.s., though, has to remove gear from clearwire's network. waway, of course, the chinese company that competes with cisco, but they are huge. now, dish network, they are very interested in sprint. if dish network significantly moves its sprint offer, soft bank could consider walking away or matching it. these head headlines from the "wall street journal," and we saw the stock, i don't know if you can put them up here, but dish very much acts like it wants to buy sprint. sprint up a half percent. dish moving slightly lower by 2% today, on a one-year tear. eight members of a global cyber crime organization have been arrested for an alleged scheme stealing $45 million from where, adam? >> easy to do. well, from

that tops sprint nextel's latest bit. liz: shares of dish are up six-tenths of a percent, "after the bell" starts right now. ♪ ♪ liz: let's get to today's action. we've got ace investment strategist chief trader whose last three stock picks are each up more than 9% since he told you to buy. he's back with two plays, two few ones. and larry shover in the pits of the cme. let's get to it. [laughter] kind of sitting there waiting. let's get to it. what do you think of today's action? we saw huge gains and then pared back just a bit. >> exactly. the question ii, what isn't happening? we come in this morning, the nikkei down 5%. now, i know it's up 30% for the year, but still down 5%. a downward revision in gdp, home sales didn't increase as much as expected, and jobless claims added. so right now bad news isn't necessarily good news, i just think right now the market is accepting the fact that we're growing ever so slightly. and even with tapering, the market is acting very robust right now. we didn't see any large selloffs.

i founded a company called nextel, but i took my life savings when i started and invested it in an energyartup company, went to work for it and in six weeks i help that company go totally broke. went into real estate. fail atme six months to real estate. at the ripe old age of 27, with my student loans coming due i was living out of my car sleeping on my friends' couches, but kind of only in america i got a third chance. i got hold about this new idea called cellular telephones. i remember all my law school classmates sang to me -- go give a real job. who's going to want a car phone? there are still practicing law. started means having nextel in the only speaker that you will ever have that says even wall i am speaking, leave your cellphone on. [applause] when they go off? you hear an annoying sound, i hear catching. -- ka-ching. [laughter] let me and knowledge, had i not been a white guy with the right education, i might not have gotten the third shot, but the one thing that we need to make sure it is possible in america -- we cannot guarantee success, but everyone should be guaranteed a

investors welcomed the news that softbank along with its acquisition target, sprint nextel, reached anment in principle with the u.s. government on how to protect national security. the agreement is good news for softbank, as it would clear the biggest regulatory hurdle faced by the company's proposed $20 billion takeover of sprint. some members of the u.s. congress had been raising concerns about softbank's close relations with chinese telecom equipment-makers and its implications on national security. addressing this concern, softbank promised to use equipment only approved by the u.s. government, but investors were worried that fcc's screening process could take a long time. with the new agreement likely to be finalized in the coming days, an analyst said shareholders are relieved that once uncertain factors surrounding the takeover deal has been crossed out. back to you. >> thank you very much for that. >>> moving on to other news out of the corporate spear, bidders are lining up for australia's unit optus. that deal is reportedly worth $2 billion. they are reportedly attracted to