there was an obvious nike swoosh right there in the middle.ittle checking revealed it was a nike impact tomahawk. big. size 12. who wore them? who would do such an awful thing? why? >> in our area we just didn't have a husband-wife if their 60s in a multimillion-dollar neighborhood killed for no reason. >> investigators poked around the sheerer's background, looking really for enemies. a motive. and, it turned out, they had some, or at least ernest did. >> he was a very passionate person in his views, and he wasn't afraid to let you know how he felt. >> guy houston, the former california state assembly man, knew ernest sheerer for his extreme fiscal conservatism in his work with the republican party and on the local school board. >> he did make people angry, but it was all in a political -- it wasn't a personal basis. it was all political. >> besides, what happened to them was too ugly even for politics. as for charlene -- >> i don't know anybody who didn't like her. >> here was her friend from the mormon church. >> her confidence, her command

there was an obvious nike swoosh right there in the middle. little checking revealed it was a nike impact tomahawk. big. maybe close to size 12. but who wore them? who would do such an awful thing? and why? >> in our area we just didn't have a husband and wife in their 60s in a multimillion-dollar neighborhood killed for no reason. >> investigators poked around the scherer's background looking for enemies with motive and it turned out they had some, or at least ernest did. >> ernie was a passionate person in his views and he wasn't afraid to let you know how he felt. >> guy houston, a former california state assemblyman, knew ernest scherer for his extreme fiscal conservatism for his work with the republican part write and the local school board. >> he did make people angry but it was all on a political, not a personal basis. it was all political. >> besides, what happened to them was too ugly even for politics. and as for charlene -- >> i don't know anybody who didn't like her. >> here was her friend from the mormon church. >> her confidence,

nike's president left the company ten days later. and in other corporate personnel news facebook has restructured itself into three new divisions and rearranged its leadership team the changes have been pitched as routine regrouping after a period of growth but in reality it seems to be brought on about by bike facebook's recent troubles with privacy and politics after the cambridge analytic a controversy now facebook will have a team focus on products one on emerging technologies and the third to deal with growth privacy and advertising the social media site also announced that jeffrey zients a former member of the u.s. u.s. president barack obama's national economic council will join the board of directors . turning to india prime minister modi's government has seen millions of people actually register to pay taxes for the first time more than ten million people filed income tax returns from november two thousand and sixteen to a vendor of twenty seven thousand that's up from the six million filed income tax returns from proceeding

nike is slightly lower in premarket trade.hey appointed two women to senior leadership roles and last month the new hr chief said we're not getting traction on promoting women. so less than 30% of women are vice presidents. fewer than 16% are minority vice presidents we'll see if that culture in nike changes >> culture is a big thing to shift. >> and it's not easy it takes a long time you can't flip a switch and have it happen. what's interesting is all of this is happening at a time when nike and adidas are having such momentum behind them they are improving businesses, righting the wrongs in terms of sales trends everything is going right now all of this is happening you wonder if the execution is hard to get. >> if mark parker is intend on changing the company culture t can be done. but it doesn't happen just through leadership t happens through changing the makeup of the people who make up that culture. >> definitely. as you pointed out shares have not moved much on this because of the underlying business seems to be stron

nike is president left the company ten days later. and another corporate personnel news facebook has restructured itself into three new divisions and rearranged its leadership team the changes have been pitched as routine regrouping after a period of grow. but in reality it seems to be brought on about by bike facebook's recent troubles with privacy and politics after the cambridge analytic a controversy now facebook will have a team focus on products one on emerging technologies and the third to deal with growth privacy and advertising the social media site also announced that jeffrey zients a former member of the u.s. u.s. president barack obama's national economic council will join the board of directors . turning to india prime minister modi's government has seen millions of people actually register to pay taxes for the first time more than ten million people filed income tax returns from november two thousand and sixteen to the vendor of twenty seven thousand that's up from the six million filed income tax returns from perceiving

nike's president left the company ten days later. and in other corporate personnel news facebook has restructured itself into three new divisions and rearranged its leadership team the changes have been pitched as routine regrouping after a period of growth but in reality it seems to be brought on about by bike facebook's recent troubles with privacy and politics after the cambridge analytic a controversy now facebook will have a team focus on products one on emerging technologies and the third to deal with growth privacy and advertising the social media site also announced that jeffrey zients a former member of the u.s. u.s. president barack obama's national economic council will join the board of directors . turning to india prime minister narendra modi's government has seen millions of people actually register to pay taxes for the first time more than ten million people filed income tax returns from november twenty sixth in june of them or of twenty seventeen that's up from the six million filed income tax returns from proceeding

in california for the green party but probably your most successful campaign when you used to call nike and some people say brought it to its knees you know it's interesting alex in all the work i've done over the years as an activist the easiest are going after companies that have brand names and have some kind of outlet retail outlet so we went after nike for the way they were treating workers in china indonesia vietnam toxic chemicals they were using in the factories and you go outside a couple of nike stores and make some ruckus and they'll meet let's meet and so we we managed to clean up a lot of problems in the factories you must i met many corporate p.r. man that many of them because i would go to the shareholder meetings to kind of get up there and create a bit of a ruckus there and then we took on sweatshop companies for the way they were treating workers and one other campaign was around starbucks for not using fair trade coffee and we started organizing protests outside starbucks immediately they came and said let's me then let's talk it's a lot easier to move those kind of c

you've picked three names for us, nike,sl and facebook. let's start with nike. what are the positives here? >> positives are hugely positive. 34 billion a inual sales, sue. that is a huge number, and it's only ing. obviously one of the best brands in the world, nike is. probably becomes a michael jordansut ther a whole bunch of other athletes and great products behind it. the other reason i think, sue, is 3 billion of those sales came from china, so i think thatou shows how much sales could grow in china because it's only 1/10 of the overall sales. i think ne has a real opportunity here and, of course, we've got the world cup, which is right at our doorstep now, and that's another reason i think to focus in on this stock. >> and what you're doing is you're staying with it, right? >> yeah. this is one, bill, that i would stay with. like nike. i don't own it right now except for customers. myself personally, i don't own it right now, but as you know,e i'm m of a trader than i am a bu and hold guy. >> then there's tesla which seems to be always in the news, not alw

>> overall how nike is doing is we're doing fine.t we did have a shock within the last couple of months that certain managers were bullying employees and it was a shock to me personally and a lot of upper management and it's disappointing as well as a shock. it's very disappoint, but i'm proud of the company and the problems that it saw and it's basically cleaning house for those people. >> you set an ambitious goal for nike in terms of revenue growth by 2020. >> yes. we originally said 50 million by 2020. we're now saying '22. we've got a lot of people doing a lot of work. >> part of that is reaching out to the female market right? >> for sure, for sure. the female market has been extremely important to us for a very long time. as you pointed out in the intro, serena williams is it for all of us. >> you talk about how nike got its name because you wanted to name it what, phil knight, worst name ever? what is it. >> i thought you weren't going to bring it up. >> we had to come up with a name in a hurry. we had 45 employees. everybody

these are great businesses utx, nike, lowe's. they're just -- and they're not dirt cheap, like lowe's is probably still an above market multiple stock at the end of the day, you buy a great business you don't need miraculous things to happen. >> you want to comment on that >> i think most important to bill ackman and pershing square right now is boosting returns. they have had years of underperformance, three full years of losses in their portfolio. so stock picking is at the core of what he does. he runs a mostly long portfolio, very, very concentrated. so picking the right names is critical and then the fight, of course, is always a tool that's on the table, but at this point, i think what's really important to him and what's really important to his investors is just posting gains in the portfolio >> i know he's sort of relishing the fact that people have been betting against him for a long time now and he's told me, and maybe he's told you as well, les, that he's going to make a comeback i know he firmly believes he's going to

>> if it's on the feel, it's designed by nike the same it is today.lways through nike factori factories. >> is that the first time? i don't know this, is nike ever effectively giving over its swoosh to another company? >> any big company, nike, estee lauder, they have businesses, they make a lot themselves this is a business where nfl said, look, we want to have a better model for the fans if we can split kind of the innovation and split the maximizing transactions for the fans, we can have a better outcome for everybody here >> you own, part owner of the 76ers? is eight positive for sport overall? >> it's definitely positive sports i have been saying this for years. you have to give credit to adam silver years ago said this is the right thing to happen i think the reality, there was a massive betting on sports. now you will take the industry, make it bigger it will help regulate sports you will have more people. that will help viewership. it will be great for sports overa overall. >> i have been trying to think a way to say this the stanley cup final

in california for the green party but probably your most successful campaign when you used to call nike and some people say brought it to its knees you know it's interesting alex in all the work i've done over the years as an activist the easiest are going after companies that have brand names and have some kind of outlet retail outlet so we went after nike for the way they were treating workers in china indonesia vietnam toxic chemicals they were using in the factories and you go outside a couple of nike stores and make some ruckus and they'll meet let's meet and so we we managed to clean up a lot of problems in the factories the muslim at many corporate p.r. man that many of them because i would go to the shareholder meetings to kind of get up there and create a bit of a ruckus there and then we took on sweatshop companies for the way they were treating workers and one other campaign was around starbucks for not using fair trade coffee and we started organizing protests outside starbucks immediately they came and said let's me then let's talk it's a lot easier to move those kind of co

this is their super bowl this is as big as it gets for nike and adidas.not in the -- if this isn't the excuse for you to buy them i don't know when. >> fifa is to sports wear as winter is to campbell's soup >> yes, it is. >> did you take your sats this morning. >> are those similes or anall geez. >> don't you think it's already in there, nike and adidas? >> i think it's fully priced in. >> nike just broke out tried to break above 70 several times. did it the other day, it's not going the stop >> 30 times earnings is high for nike this -- the world cup trade. >> don't you think that the buyers understand that that number exists and maybe there is something that is going to happen in the future that might justify it isn't that -- >> are you talking about the world cup? >> no. you cited a trailing p/e like you are the only person on earth that's in possession of that knowledge. everyone understands that it's 30 times earnings. >> i think we are both coming out on the same side here. there are different ways to invest you are technical, one of your main attri

woods was criticized for not speaking out about human rights when sweatshop issues came up around nike. being one of the highest paid endorsers, along with jordan, he was called on to speak out about labor injustices and he refused. he has never fully embraced his black identity. when he first came out it was criticized for not identifying more with the african-american community and speaking out on rights, he considered himself to be asian-caucasian. whether you agree with that or not, athletes are in a difficult

. >>> coming up on "cbs this morning," the co-founder of nike, phil knight. have laser drilled holes.lease medicine fast, for fast pain relief. tylenol® i needthat's whenvice foi remembered that my ex-ex- ex-boyfriend actually went to law school, so i called him. he didn't call me back! if your ex-ex- ex-boyfriend isn't a lawyer, call legalzoom and we'll connect you with an attorney. legalzoom. where life meets legal. powerful skincare,s now light-as-air a breakthrough moisturizer whipped for instant absorption feel a light-as-air finish in a flash new olay whips ageless feclaritin 24 hour relief when allergies occur. day, after day, after day. because life should have more wishes, and less worries. feel the clarity, and live claritin clear. >>> our top stories this morning, three americans freed after being held for more than a year in north korea arrived at the joint base andrews this morning. the three men had been charged with espionage and other activities. they thanked the president and he thanked north korean leader kim jong-un. >>> and there are increasing questions about whet

. >> and one low profit margin at a time nike didn't get a lot of attention.y are trying to clean up their culture. they obviously had some issue. what's your view on this >> it is not the first brand of retailer we have heard about these issues they talked about the fact that have not had to equality and fairness they are coming out and taking control of that. what the big deal is the north america business has been down and adidas is kicking theirs in north america. of. >> do you think the consumer is too distant from that. >> i think the consumer is too distant there is always disruption this is telling us they will force the wholesale to go back -- >> what does that industry lingo >> it basically means to less discounting. so we have nike going raise your prices >> they are saying over the past year you have been doing too many discounts and now you'll go back to full price that's what a lot of brands have done that's the name of the game in 2018 a all of the brands are saying now you're going to behave yourself >> is nike powerful enough to do that >> you

gerri: ceo of nike forced to apologize to employees. cheryl: tracee carrasco with more headlines.e ceo mike parker apologized to employees at company meeting for allowing a workplace that excluded some staff and didn't take complaints seriously. the apology comes after weeks of turmoil including the departures of senior executives and complaints of inappropriate behavior. cheryl: interesting, a lot of inappropriate behavior in corporations these days. tracee: beef supplier is recalling some 35,000 pounds of ground beef due to possible plastic contamination, according to the usda someone found hard pieces of blue plastic in the beef it was sent to kroger stores in north carolina, virginia, indiana, illinois and eastern west virginia as well as food for less and stores in the midwest. you can get more information on which exact beef on the usda's website. gerri: you have a good food story about margaritas. tracee: margaritas, tacos everything you need to celebrate king cinco de mayo in style, hard rock coffee margaritas for $5, 3-dollar tacos and 5-dollar margaritas at hurricane gri

seeburg, nike, higher or lower >> i think nike is lower priced to perfection here. >> lower >> i thinkrading at 2% free cash flow yield versus 3% to 4% from peers. from a price perspective, i think it is expensive at the levels >> i think it goes higher. >> it is not yours >> higher. >> come on >> i have my own button. >> their global growth, what you're seeing in the future, it is going they're recovering in the basketball -- i think the margin is good. >> you don't worry about the executives leaving, 11 top executives leave and the scandal which is yet defined >> this is not a company that is actually rooted in two or three guys this is a world class brand, i think they stand. >> what do you think about adidas maybe losing momentum. >> nike hasn't picked up their purse there. they're gaining international. i agree with tim i do think north america, they need to come back, they need to figure out a way to get that momentum back and it will take some time. >> facebook is up next grasso, higher or lower. >> lower this is another one that with an rsi relative strength index -- >> lower.

you have news on nike. >> the speech that ceo walker gave to employees yesterday.all-hands meeting at nike's campus in beaverton, oregon, yesterday they didn't actually report what was inside that conversation now i can tell you what mark parker told employees, according to sources familiar. he said this has been a painful moment for me, personally and painful for many of you, who i have spoken with he also said -- and i just took some random excerpts from this speech -- our purpose has become greater through all of this change we and i missed something. while many of us feel like we're treated with respect at nike, this wasn't the case in all teams and if all of our teammates don't see the same opportunities, we just can't accept that. so it gives you some of the idea of the language that parker was using in terms of the mea culpa. he said i apologize to the people on our team that were excluded and i apologize that some of those same people felt that they had no one to turn to. finally, i picked this out i think this is the most important for investors. i'm in 10

they see the players wearing nike things. nike got 15% of their revenue from china.is growing middle class. listen, they like to buy our stuff. but if there are tariffs imposed on both sides, china could very well hit the consumer driven companies. >> shepard: negotiation first. as the president might say, we'll see what happens. >> and hope is not a strategy but therefore -- what can i is a i? >> shepard: hope is good. >> thank you. >> shepard: it's heating up in tornado alley. a violent twister touching down in kansas. the midwest bracing for more severe storms. the beginning of may. stay with us. o brew your cup. o brew your cup. first, we head to vermont. and go to our coffee shop. and meet dave. hey. why is dark magic so spell-bindingly good, he asks? let me show you. let's go. so we climb. hike. see a bear. woah. reach the top. dave says dark magic is a bold blend of coffee with rich flavors of uganda, sumatra, colombia and other parts of south america. like these mountains, each amazing on their own. but together? magical. all, for a smoother tasting cup of co

everyone wears nike uniforms, nike warm-ups, but they can wear whatever shoes that they want.nd so they're still, so you wouldn't have, you know, on the same team, and you're wearing hypothetically under armour uniform, i'm wearing a nike uniform, he's wearing a reebok uniform. we hold these rights, you can go get everything else. >> andy, there are ways that pro sports leagues have figured this out, right? >> that's right. so dan mentioned contracts, i think that's a great word for what you'd have. when you are out recruiting an athlete are, you offer him a scholarship which is effectively a contract now, and that offer would also include some negotiation over nil rights in the pros, and as an example as a plug, the historical basketball league which is a league that we're forming, our goal is to say -- very much like the nba, which is that the league owns the rights to a league-wide apparel deal. every team in our league will wear whichever apparel company sponsors us. athletes will have the right to choose their individual shoes, and that revenue that they go out and genera

i also like nike, a very big position for me. we talked about that before. think you just want to be very selective in retail. i don't think amazon, that threat is going away anytime soon that plays right into gap's hands. >> the stock's at the same price it was at in 1989. it's like a bond with no yield i have no idea why anyone is even talking about this name >> i don't know if it's fair to do that, because there are trades, even investments between that steve likes target, but i will say this she talked about store closures. that was her big thing at the very end, she said, there are store closures how about the fact that tjx opened 258 stores last year? that's something that tells you about what they're doing you look at the stock, it was $76 in the beginning of this year now here it is closer to $86 a share. >> still own it? >> i'm not in it right now >> why >> i have been in it, i like it y i wait for the bupullbacks an it gives it to you every once in a while, they'll put out a quarter that's misinterpreted >> you may not have that opportunity to get

i think nike is a winner and walmart is a winner. look good tomorrow >> earnings. >> we'll get it in the morning nice to have a story like this to talk about. thanks >>> johnson & johnson relaunching their iconic baby brand making a move to be more natural and organic in a bid for young parents. meg terrell spoke to the ceo and joins us live from the company's analyst day in new jersey. meg? >> hey, sara this analyst day is focused on the medical devices and its consumer products. together they comprise just over half of j&j's business the consumer products unit is the smallest but still a huge business at more than $13 billion annually of course, comprises some of the -- it's composed of some of the most famous brands of j&j including tylenol, listerine and johnson's baby they did announce they are relaunching this brand, take out certain ingredients. now also taking ought sulphates and dyes after a 20% sales decline since 2011 the head of consumer here telling us they'd fallen out of touch with millennial parents and they're trying

nike has a very deep bench this is a company of more than 70,000 employees and more than 300 vp levels. so yes, losing some key departures and clearly having to figure out what's going on and how high up this goes, all the way up to the number two at the company that left, but they are telling investors in meetings that they are still on track and mark parker, the ceo, says he's committed to staying on for another few years. >> i haven't seen phil knight in a long time. >> he's in his 80s. >> yep. >>> ford holding its annual meeting trying to deal with a factory disruption phil lebeau joining us. >> ford is work as quickly as possible with that supplier to get the production of these key components up and running again. here's where ford stands in terms of production of the f-150. all of it has stopped in the u.s. that's kansas city, dearborn, the super duty production line down in kentucky as well they do have 84 days' worth of inventory so it's not like you're going to run out of f series in dealerships around the country, but this is a highly competitive market the full-size pickup

still expect to see a very good inflection in the comps >> sam, it's sarah you know we talk about nikes and under arm audio they are investigating in their direct to consumer businesses, their own website and their own stores that's where a lot of this growth in the athleisure category is coming from. what does that mean for a foot locker going forward how do you build a bull case around that? >> the brands you i think inned among others are trying to grow. while they are trying to grow within their own story, you know, a lot of companies -- you know, you want somebody else to tell you, this is important. and really foot locker over the years has had very good relationships with their customers. they are continuing to improve on that and the customer wants to go where all the coolest sneakers are if you know what you want, you may go to nike or adidas or under armour's website but fur going i want the coolest sneaker who is going to tell me about that, a lot of people all over the place go to foot locker saying they have the best new stuff. the problem that happen in the past recently

brings nike up along with it. all-time new high for nike. under armour gaining 1.3%. look at the market cap, the value of these three companies. netflix for very first time surpassed disney. yesterday, today we were looking at the close who has larger market cap. looks like netflix beat out disney and comcast. cheryl: that story will go back and forth for a while. it's a fun one to cover. nicole, thank you very much. david: today's market panel. jack how much, baron's senior editor and carol roth, investment banker. companies were hit hard by drop in oil prices but it has to be good for the economy overall. consumers i think were a little put off, getting more so by high energy price. >> you're absolutely right. what do you care more about, short-term profit swings for energies companies or the financial well-being of the consumer in america? we wouldn't mind seeing oil pushed a little lower. we hope gasoline will soon follow. david: carol, when does gasoline fall? oil companies claim they don't play games. they rise prices during beginning of summer season but nobody

we have now reached out to nike for comment about all of that.pioids, the liposuction it's fascinating it's -- honestly, it was two hours of the most riveting -- it was -- i'm not even a big kanye anything >> should get kanye on here. >> i should give out my -- you can call me directly, kanye. i want to be part of his campaign 2024 >> you and trump, right. >> no, no. >> afterward keep america great is the slogan in 2024 when kanye runs. my kids have told me i need to listen that he's a genius and i need to listen to it >> he also got into trouble for comments about slavery yesterday. got in a lot of trouble about some of those comments >> he's got a hit out on him from the crips because he said something about trump that the thought police -- it wasn't universally horrible the crips. like snoop dogg's -- i mean, it's scary he had to add to his bodyguard contingent >> he had a whole conversation about the business of bodyguards in that interview. having to have personal security because he also talks about kim kardashian remember she had that issu

but if it was nike, people were focusing on north america was going down well, the actual story there was the growth outside of america which was growing for nike everybody's got their own individual story lulu is a great example of that. male started getting after the men's side of things >> you're not afraid >> for myself, yeah. >> the undergarments >> retail ran, you hit it on the head everyone thought that amazon was going to crush retail. that didn't happen everyone thought we were going to have the border adjustment texas there are a number of headwinds that have died down and that's another reason why it's a tailwind for these companies. >> and good companies have figured out how to compete it doesn't mean necessarily they are beating amazon i think some of them are but the really efficient companies are going right after amazon online, and that's why they're winning. >>> our next guest says there are three stocks to buy right now. todd gordon of trading nalz.com. >> hey, melissa. we're looking at the weekly chart. over here, this is a long scale. when you're doing your technic

i like nike.in tennessee. >> caller: thank you, jim, great job. >> thank you i like to have your take on nsp. >> this thing is a horse an insurance company that never seems to quit. and we have been recommending it for i don't know, ages how about perry in florida. >> caller: what are your thoughts on lkq? would you be a buyer after this recent big drop? >> we like this company. and it has become clocked. it is down 24% this is one that we have got to figure out what the heck happened dave in wisconsin. >> caller: booyah. jim. what is your opinion of preferred apartment facility. >> don't like that 7% yield. ixnay. charles in california. >> caller: booyah, mr. cramer. stock is sirus technology, logic technology. >> we are not recommending the component players that go into apple right now. just too hard. sandra in new york. >> caller: hey, how are you. wanted to get your input on fro, front line >> i have never liked large cruise carriers. not going to change my mind on those. and that, ladies and

for example in the nba everyone wears a nike uniform, nike warmers. but they can wear whatever shoes they want. ... there are ways pros sports leagues have figured this out. >> they mentioned contracts, a great work for what you would have when you're out recruiting an athlete. you offer him a scholarship which is a contract now and that offer would also include some negotiation over and il rights in the pros as an example as a plug to historical basketball league which is only performing. our goal is to say very much like the aba which is that the league owns the rights to a league wide apparel to get every team and our league will wear which ever apparel company sponsors us. athletes will the right to choose their individual shoes and that revenue that they go out and get generally will be should something like 80% for the athletes and 20% for the leak. the contract that athletes would solve this hypothetical role once we get launched is effectively a division of rights between these of the things the school owns completely, you don't get pictures o

. >> nike. >> nike, 12-year-old kid, buying air jordans. 15, proctor and gamble, fedex, intel, can youe sure any one of these page is different kiss co, home depot, general electric, you picked 12. open that envelope yourself. >> open this envelope. >> was this mailed out, all your signatures, the same one you have had under lock and key. open that up reach inside the plot thickens. >> there is an envelope inside the envelope. >> inside -- >> there is nothing else in here, ladies and gentlemen. >> is it all taped up. >> yes >> rapid fire, slice and dice. i don't want you to hurt your nails. tyler, right at the top. you have got to insert -- this guy doesn't open his own mail. >> i have got people. >> he has people for that. >> people who do this for me i don't like the paper cuts. >> before you reach in here you can see inside swear you didn't tell me you were going to pick 12. you could have changed your mind ten times for all it's worth. >> absolutely, there is no way he would have known -- look. >> what's in inside? before you grab it do you see a logo in there? >> i see. >> i don't

but it because dictatorship they say on iraqi face always worse than a nike there is civil war they just we just forgot that now it would be three me extremely difficult to build a new libya because at least galaxy he was you nineteen all this strikes as a matter of fact i think it will be only one when you have tonight all this all this ok. and we have been activated and considerate just to do. libya has become a hub for human trafficking. broad circle groups. warlords creating huge concerns for the region for the international community and for europe then again no one seems to be willing to go. together and solve this problem yeah i mean obviously there we should mention as well of see this causes a huge problems for for the libyans themselves as well but you know i mean these are really difficult issues to solve and part of the problem as you mentioned in the migrants one with all the sort of smuggling of drugs and weapons and ideologies and extremist groups that goes on in the saddle region the problem is it's not just libya yes libya is a key part of that problem but actually to be

indiana, example, in everybody uses nike uniforms but they use whatever shoes they want. so you would not have been the same team, you are wearing hypothetically and under armour uniform or nike uniform or reebok uniform. said there would be certain territories ship to pull out and say, we hold these rights. are ways that pro sports leagues can figure this out. >> and dan mentioned a contract. you also would have a scholarship which is effectively a contract now. that would include some rights.ion over nil league,onal basketball which is a league we are forming, the league owns the right to a league-wide apparel deal. every team will wear whichever apparel company sponsors us. athletes will have the right to choose their individual shoes. that revenue they go out and generate will be shared something like 80% athlete, 20% league. the contract that athlete would sign in this hypothetical world or once we got launched is effectively a division of rice between, these are the things in school owns completely that you don't get and these are the things that you get. maybe like

listen think well that you know this is a lady who acting before those obviously brought the mighty nike to its knees in terms of wages and conditions for workers around the world but there's no saying that there's no effective way to campaign against the corporate military complex in the united states is obviously and the keyword there is effective because i do a lot of campaigns and i find myself flailing around hitting my head against the wall yelling and screaming just because i feel so incensed about your elitist. and your experiences there and how you found that society well i went to iran a couple of times and i was actually blown away by the iranian people because you know even if you are a person who's very skeptical of the way the mainstream media talks about a place there's still some part of it that you do feel the internally the stereotyping and you go to iran and you find these incredibly well educated people these and they love americans i mean i'm sure they love scott as well they're they love europeans but americans they just they they knew so much about the united state

nike's hyper adapt made self lacing shoes a reality. introducedurecraft 3-d printing with comfort.ow reebok's liquid factory is making intricate, lightweight designs along with the company's were hurt performed recyclable recyclableany's 100% footwear line. bill mcginnis is head of reebok future. >> fleetwood manufacturing it is a way from getting away from using molds like every other shoe in the market, and draw the bottom of the shoe instead. this is like 3-d printing, only much much faster. >> is an effort to streamline production and keep up with younger consumers. >> the goal is going from making one million pairs of one shoe in one type and hope everyone likes it, and that is the old model, and now we are moving to smaller batches. 10,000 instead of 100,000. as you get tighter and tighter, you get closer and closer to custom. >> how is that a benefit to reebok? what are the benefits of new manufacturing? >> you can react faster. you can react more quickly to consumers. >> reebok is not alone. parent company adidas, and rivals nike and under armour have also moved into the 3-

nike's hyper adapt made self-lacing shoes a reality.uture craft introduced 3-d printing with comfort and now reebok's liquid factory is making intricate, lightly designs, along with the company's 100% recyclable footwear line -- cotton and corn. >> this is our 3-d printing lab. >> bill mcginnis is head of reebok's future. >> liquid factory is a way to get away from using molds like every other shoe in the market does, and draw the bottom of the shoe instead. 3-d printing,ke only much, much faster. >> it is an effort to streamline production and keep up with younger consumers. >> the big goal is to go from -- we are going to make pairs of one million one shoe in the exact type and hope everybody likes it. that was kind of the old model. now, we are moving to smaller and smaller batches. as you get tighter and tighter, you can get closer and closer to custom. -- and howis it that is that a benefit to rebook? what are the benefits of new manufacturing? >> you can get a lot faster. you can react much more quickly to the consumers. >> reebok

brands he gets over twenty three million euros a year from they are and many more from his sponsors nike pay him trente six million euros a year his football speakers stop. by take a look around but it all looks the same no caps and the fans just mormon and gates around the corner stalking or nigel makes me feel like one of these tiny ants crawling around aimlessly aren't we all small and insignificant compared to him. maybe i just need to meet someone who knows him personally who might tell me c r seven is a normal guy. the biologist bad luck he's been picked up so i can't ask him. so i did waiting around the villa back to the city to moderate and to a place where the stars go in the free time to. the restaurant a side door down us t.x. lanes that the city's best players dying here they must sit here hidden away in these back rooms with their friends drinking expensive wine and eating the juicy stings under sparkling chin the years. so what us were not to like to eat the waitress to hunt must know. she is sick we don't know what have we are not allowed to go may have a. baby out wrong.

cisco and boeing are your dow leaders, nike and travelers are the laggers.oups, financials and health care worst performing sectors in the s&p, materials and staples are leading. some other movers to watch today, kraft heinz, spotify down as its first report disappoints big time and hawaiian holdings moving lower as southwest says it will start to offer interisland hawaiian flights big competitor >> here's what else is happening at this hour factory orders jumping 1.6% in march, feeding analyst estimates. it's the seventh increase in the last eight months. according to reports, goldman-sachs will start trading with its own clients and at the start, actual bitcoin trading itself won't be done >>> amazon is launching its own pet product brand called wag it will be available to prime subscribers. the background will begin with dry dog food and plans to expand the selection. tyler. >> got to have cat food there. got to feed the cats >>> let's turn back to the markets and bob and mike at the new york stock exchange. mike, you say this is all part of the anxious r

. >>> nike ceo mark parker is reportedly saying sorry.led a meeting to apologize for a toxic culture where some members felt excluded. he reportedly told employees he's personally committed to making nike a place where everyone can thrive in an environment of respect, empathy and equal opportunity. his apology comes weeks after nike launched an internal investigation into misconduct at the company. in that time several high level staffers have left including the head of hr and parker's second in command shares of nike have held steady since the company first acknowledged issues with corporate culture. nike is a dow component. >> it is >> it is lower just barely in premarket trade. it's like we have a whole new list goldman, united health >> it's not that new >> i know. >> new to you. >> here's some news. joseph and becky this matters twitter is urging users to change their password after discovering a big glitch >> i saw that. >> have you changed your password yet >> no, because i'm like some people that immediately say they are hacked if

cuando usted le da nike y -- like y me gusta esa historia se borrarÁ.iones que si quiere ingresar por facebook o prefiere hacerlo por su correo electrÓnico. en ese caso, es mejor tener un correo electrÓnico para manejar esas aplicaciones. ♪ ♪ ramÓn: llegó el momento de saber cÓmo estarÁ el clima. suheily: muchas gracias, sigo contando los dÍas para este fin de semana y compartir con ustedes en el festival. mientras disfrutamos una noche bastante tranquila, mientras continÚan precipitaciones en el sur de nuestro estado. en san josÉ, temperaturas usuales para la Época. fÍjese que hacia concord hubimos temperaturas en 76, bastante similar a santa rosa. nuestros amigos de oakland se llevaron la temperatura menor con 65 grados. nos espera un aumento gradual en las temperaturas en gran parte de california, irÁn mejorando las condiciones del tiempo conforme el sistema de baja presiÓn que ha provocado esa nieve y se vaya alejando de nuestro estado. 72 el miÉrcoles mitad de semana para nuestros amigos en san josÉ, en oakland 67, en concord en los mediados 60. po

these are your nikes. these are your filas and your reeboks. that's your fubu.spanish ] >> what does that mean? >> something about sexual assault. >> sexual assault. they warning you about sexual assault in prison, how to protect yourself against it. >> the inmates are in essence the deterrent that will guide these youth back to a life of contributing to society. >> this is the building we live in, north block. and this building they have little small cells that are 9 x 4, nine feet tall, four feet wide. that's smaller than a walk-in closet, you guys, but yet two men live in those cells in that building. look where you at, man, you in a cage like an animal. have you ever been to a zoo? >> yeah. >> the cages for the monkeys are bigger than this, right? okay then, so what does that tell you about yourself? >> they got more freedom than this. >> the animals get more freedom than us, right? so you need to really be thinking. >> they're treating us lower than animals. lesser than animals. >> but you can't blame it on them. this is because of the consequences of your

it's calling for nike, analyzer bush and underarmour to break away from the nfl. all six sponsors encouraginged the league last year to let players freely express their views. the nfl policy allows players to stay in the locker room if they choose but requires any player on the field to stand for the national anthem. time in 4:56. caltrans talking trash. they're showing off the ugly items work crews pulled out of pay area freeways and water ways just this week. the goal is to remind everybody, especially drivers to keep california roads clean during the memorial day weekend. they also want to remind people that loading up your car, roof tops to keep them security so they don't fall on to the road. well, we have some good news if you're a northern california boater. folsom lake east of sacramento is two feet away from being full. other lakes across northern california are inching their way up thanks to the heavy rain earlier this year. at folsom and other areas, workers are getting ready for a busy memorial day holiday marking the unofficial start of summer. >> the

a total of 11 senior managers have left nike so far. u.s. secretary of state mike pompeo is visiting north korea today to finalize plans for the proposed meeting between president trump and north korea's leader kim jong un. there is also speculation that pompeo may return to the u.s. with three americans who have been imprisoned in north korea -- kim dong chul, kim hak song , and tony kim. voters in four states headed to the polls tuesday to decide a number of key primaries. in west virginia can the republican attorney general patrick morsi one a closely u.s. senate primary, defeating commerce member evan jenkins and former coal baron don blankenship, who served a year in prison after 29 miners died in an explosion at his upper big branch mine owned by his company massey. patrick morrissey will now face the conservative democratic senator joe m manchin in novemb. in ohio, r richard cordray to be did former commerce member dennis kucinich for governor. cordray served as the first director of the consumer financial l protection bureau. you wil

jet fuel on how to hedge on that the closing bell ringing in 45 minutes chevron and nike are the two dow soldiers currently in the red chevron is a you could call it straddeling the flat line here, nike is flat. here is the news, five more executives have left the company amid an internal investigation into complaints about workplace issues, sexual harassment at the sportswear giant. up next, it's a rare occurrence on wall street, something is happening that we've only seen in the markets 11 times in the past 35 years. we're going to tell you what it is, what it means for you and your portfolio, we're flagging you on this so that maybe you might take a look and see what you need to do when countdown comes right back. don't go away. into retirement... and a little nervous. but not so much about what market volatility may do to their retirement savings. that's because they have a shield annuity from brighthouse financial, which allows them to take advantage of growth opportunities in up markets, while maintaining a level of protection in down markets. so they can focus on new things li