thank you, national urban league, on behalf of of our our ceo pepsico. you marc, for inviting us. we are here to talk about an important, timely topic -- the future of our cities and how we will work together to build a better, stronger, more equitable america for our children and for each other. every four years, we have this great opportunity to engage in a national conversation with those who will be our leaders about where this nation is and where we are going. about how we will prepare our young people to compete and win in a global marketplace. about how we will tackle the disproportionately high unemployment rate among people of color especially young african-american men. and how we can harness the talents, the potential of this country to propel ourselves into a future better than our past. for the national urban league, this is not a new conversation. these issues have been front and center. the country listens. that is why when you call on presidential candidates, they show up, or they should show up. it is no surprise that the national urban

why pepsico? why us? we are located in cities and countries and cities and towns throughout this country. we are an integral part of the community. what we know as pepsico is if the communities in which we operate don't succeed we don't succeed. we are all in this together, all of us, teachers, parents activists and policy makers, business and labor. all of us are in this together. each one of us will rise when all of us are lifted. at pepsico, we call this corporate philosophy, performance with purpose. it is a corporate philosophy that says we must be a value added not just to our share holders in the short-term but to all stakeholders who are in the societal ecosystem of which we are a part. that's why we have for the last seven years invested in young people. over $16 million in something called diplomas now. it is a program that boosts high school graduation and college matt tri cue lation rates among african-americans and young latino youth. we will have served over 100,000 students. that's why we h

tyson, chicken, pepsico.nd campbell soup brown at the bottom. sandra: those are the biggies. continued consolidation is the story. nicole: people want healthier choices. they are trying to get away from packaged stuff. sandra: trends are changing. planet fitness carried out to go public to be exciting. lauren: they start trading on the new york stock exchange. ten dollars a month gives out free food. prices shares at $16. the deal breaking $216 million. it will trade on the new york stock exchange. here is the ticker signal plmt. the market for health and fitness has been hot but also challenging recently. yesterday's ipo from a snack company called amplify, what a big disappointment. finishing sharply lower and historically consumer food ipos with 22%. when you see a massive decline by chris l. with amplify recently, what we see today after the first-ever earnings report, you wonder what the market is, what the temperature is for another health company. sandra: amplified if i have so much free popcorn, skinn

. >> pepsico could buy it. those two are the big potential buyers out there. i'm sure they would be interesting. the under lying problem for revenues and this is something that both activist investors have been referring to is they have seen slowing sales. much of their exposure is emerging markets. >> it gets exciting thinking that a deal like that can happen. craft had already bought from mondelez it's snack food business so i don't think it really adds up but it's interesting. we'll see what he does once he gets his teeth into his 7.5% stake. >> it could be a tasty deal. >> very good. >> let's take a look at the other top stories this hour. tesla second quarter loss nearly tripled as heavy spending on future projects such as it's battery factory offset higher sales. the operating loss beat forecasts and revenue rose 24% but the electric car maker is cutting it's sales target and says pricing is under pressure pressure due to the strong dollar. tesla may raise more cash to expand production. shares falling about 6% in after hours trade and in germany down by

it's hard to find out what to pay for a pepsico, but pepsico is doing really well.our just wait for your price. disney, 1 22 to 97. there will come a moment when bob iger and his company will say you've now wiped out the value of sba. you've piped out the value. at that point you might want to say for my kids, i'll buy some disney. is that the time? is that what warren buffett might say? yes. is warren buffett a not smart man? no. but i think if he were looking at this market he would say if r you deciding these are worthless? i'm not saying buy. i'm saying be ready. be ready. it's not so bad. >> all that said, the things that are catching a bit today are the names that have been routinely punished for months. apac apache, staples, diamond offshore. >> i want to be careful on the oils. they're hold in but at the same time iraq is pumping, we are seeing some incredible deals that halliburton is making. f there's a lot of money going from private equity. the oil companies aren't collapsing take they should be. but i think if you're going to buy the oils here, you'd be

. >> pepsico is getting rid of the artificial sweetener asp per er er aspartame. the new version will be sweetened with splenda. they say it will taste the same 00for all the pepsi drinksers. >>> it's time for clear the shelters. this little guy zorro is up for adoption. it comes from tohat fur pattern. and also shamrock at the same sheerlt clearly doesn't a problem with playing dressup. help us clear the shelters on august 15th. all participating shelters are cutting their adoption fees for the day. that's this weekend coming up. for more information check out nbcnewyork.com. >> and so many viewers have been sending in pictures of their adopted dogs and cats. keep sending them in. >>> if you're about to head out the door. >> go to "today in new york" by downloading the "news 4 new york" on your mobile device. our next hour starts right now. >>> an umbrella is a must this morning, storm team 4 tracking heavy rain and we're on alert for flash flooding. >>> plus, new this morning, a high-tech way to track money. how traders allegedly employed hackers to get an early

. $3.3 billion firm and supplies to all kinds of companies all over the world like pepsico. rishaad: we'll have more on that story later on in the program. do give us your views on it. tweet us your thoughts. accelerated and the pboc devalued currency, it was expected that china would have to dip into the treasury. it has. david is watching this one for us. david: bloomberg learned yesterday that china has been the treasury. it is not surprising. there has been a lot of speculation. as a replenishing process. that is a chart of china's holdings of u.s. treasuries over the past five years. we don't how much china has reduced holdings by. the latest data that we can gather from the u.s. treasury was as of june for the recent chaos. that being said, the holdings of treasuries have been drawn down anyway which signaled what many know already anyway, that china has been dealing with capital outflows. why are we talking about this? china is still the biggest holder of u.s. debt which is white it is gaining so much potential. they are trying to did start -- dead start at a faster p

a general mills, a pepsico, kimberly-clark, you never really get them at a discount until something hike this happens. in the united states we have home depot, nordstrom, kroger. these have nothing in china and if you want to play the market, you should do it with an index fund and not with individual stocks unless they're largely domestic or levered to commodity prices. >> good to have you on. how about the tech stocks and how about apple in particular? you were in conversation via e-mail with tim cook. we were talking about that earlier as well. what do you think investors will be thinking when looking at apple's exposure to china. >> bhp, i don't know, they're not the most trusting source given how incorrect they have been about commodities but i believe when you look at a situation like apple and look at the e-mail that tim cook sent me it's indicative of something that i don't like which is the mistrust of companies. tim cook's statement came out at 9:02 and it plummeted anyway. why would you sell a stock that has 10 times earnings with the best balance sheet in the world unless you

then there's pepsico. here's one that captures a huge beneficiary of declines they don't ledge estimates go higher. they have declined so much that you get a 3% yield and management can raise that dividend sending the yield higher. next i'm torn between kimberly-clark or clorox but it goes to the 3.3% yielder. kimberly wins. i like the commitment to shareholders and the need for kleenex. how about southern company? a high quality utility that sports a nearly 5% yield. it's a good long-term bet at these levels. it is on the tips of everyone's tongue except for those of us like the 5.6% yield the ceo gives you. consistent and strong. finally, verizon. at a low. yields shy of 5%. keep in mind you need to leg into these slowly and if they get away from you that's too bad. we have to take that risk because i still think there's down side. next up we need domestic security stocks. i like kroger because it's the best supermarket operator out there. i would say cvs but you need that stock to come down. department

pepsico says the change is in response to customer feedback.tame is being replaced with the artificial sweetener bust known as splenda. sales of diet sodas have been falling now for the last three years or so. industry analysts believe it's because of customer concerns about as per tame. the revamped diet pepsi expected to be available nationally by the end of the week. >>> and it's a big day for oreo lovers. brownie batter oreos officially go on sale today. it's the latest in a string of he can on the tick oreo flavors to hit the mark including cotton candy, pumpkin spice and red velvet. brownie batter is a limited time flavor. if you want to try it don't wait too long washington, d.c. has the perfect way to relax after a vet full day at work with a cat cafe. dc's first cat cafe is attracting a lot of cat lovers. the food and drinks are prepare at another restaurant across the street and get this, it has a crowd funding page to raise money to open a calf kitty calf if i right here in philly. >> astronaut scott kelly and his crew ate romaine le

pepsico which owns the company is inviting the fans to vote on new chip flavor. new york reuben.s and gravy. greek town hero and west coast truffle fries. winner inventor takes home a million bucks. >>> bikers versus bison. this looks like the beasts slowing down at this week's event. >>> let's get some real talk and drill down on the latest fox news polls. 29% of republican primary voters say the most important quality they want in a candidate is a strong leader. 20% favoring true conservative values. those prioritizing strong leadership are most likely to back donald trump. he gets 20%. and jeb bush gets 19%. joining me president of the democratic think tank and lee carter. simon, great to have you in new york. >> great to be here. >> great to see you, lee, as well. >> simon, let me start with you. what would gop voters want is a leader. is that because they believe barack obama wasn't one? >> i think this is consistent with what voters usually want. they want a strong leader to lead america in a time of enormous change. what hes what's surprising is how much america has seen d

pepsico says it removed that sweetener in response to customer feedback.from here on in, diet pepsi will be sweetened with other artificial sweeteners like splenda. still not clear though if the revamped drink will pass or fizzle. we'll see. >> they just don't sound good. you know? aspartame? whatever the other one was. >> too many syllables. it's trouble. >> right. jill wagner of cbsmoneywatch.com, thank you. >>> 5:40. an alarming new study finds that many air traffic controllers work schedules that lead to chronic fatigue. 20% admit serious errors like allowing planes to get too close. 60% say they have fallen asleep on an overnight shift. three out of four say they sleep fewer than six hours a night. the report was written in 2011 but the government refused to release the information to the "associated press." >>> time now 5:40. repairs now to avoid headaches later the rush of people hiring later the rush of people hiring roofers thanks ,,,, aa chance to try somethinglook. different. this summer, challenge your preconceptions and experience a cadillac f

why don't we throw in pepsico. big commodity win there. then the meet iing would be ove. then we had no deviations unless something major changed. here's the bottom line. the meetings at my old hedge fund were about not what was happening now, worthless, everybody has that. how can you make money with that? it would be what would happen in the near future. the near future. not moment to moment. they'd produce different results from what you see on your screen. how do we know it worked? i don't know the method. we compounded 24% after all fees and with patience and pain taking, i think it would work now, too. peter in new york, peter? >> caller: big fan, mr. cramer. in any case, i was calling about kmi, a lot of people are saying 40% return rating, 1.46 on a buy. $2 per share dividend. what's your take now that the obama administration said that they want to cut and go into what is basically with loe missions and that's a new repositioning platform. what do yothink? >> i know a lot of people feel like these have become cold. that's the word, fossil fuels are cold. we are s

pepsico. next up on august 6th, an interesting company that created a big stir on the floor of the exchange when it happened, planet fitness became public at 16 bucks a share and did nothing on its first day of trade. it's pulled back to $15.90, below the ipo price. another lower quality deal. it's one of the largest and fastest growing operators of franchises of fitness center es in the u.s., more than 7.1 million members, over 1,000 location, and we know the fitness theme is very much live and well in the country. plus they've got accelerating revenue growth and it's quite profitable. but planet fotne nesfitness is public, taken public by a private equity firm and they still own the bulk of common stock and control more than 65% of the voting power. in other words, planet fitness is not account to believe a wide base of shareholders. it's only accountable to tsg. that's why nearly a third of the proceeds of the ipo went to purchase more shares from tsg. like many private equity-sponsored ipo

how about companies like pepsico, kellogg and the irrepresible clorox three straight days after goodging costing more than the goods they sell inside. these companies spend more time -- they spend more to ship cereal than to make cereal. the energy required to make package and ship clorox bleach far outweighs the cost of the foul smell and the stuff inside. on top of that low inflation means bioteches and why not go back to regeneron who just reported a fantastic quarter and it got a big drug approval and celgene is higher too. people want to own internet stocks with great growth for the same reason, and priceline just reported and said nothing, but good things and that's perfect. so are facebook google netflix, amazon and after a momentary cvs-related faux the shortfall, the buyers go right back to buy the drugstores and as i detailed earlier they buy anything gaming. it's off the strong projections from activision and blizzard which had gigantic monthly average user growth from the call of duty franchise. why not? fewer dollars at the gas pump. i need you to remember the other side

i looked to see if you had covered his work on pepsico. i could not find a mention on it. i'm delighted by that. the presidential race is shaping up pretty asymmetrically. ms. heuvel: i like that expression. since clinton would be the new john kerry, i , if bernie sanders would -- ie new ralph nader mean, if people would view bernie sanders as spoiling clinton's run. i also, as a side issue, wondered what you think the future of donald trump might be. mr. naftali: wow. mr. navasky: it doesn't matter what i think. i'm happy to tell you what i think, but i think it's very important that bernie sanders is running. i don't want to speak for "the theon" here, but one of consequences of his running is that hillary clinton has adopted the domestic program, and it think it's good for the country. i think he has very little chance of getting the nomination, but i hope the dialogue and conversation continues to play out. part of me hopes that i'm wrong in what i think is going to happen. , i would call on marvin kittanning, who is sitting in our audience, who is a new jersey lapsed

there is almost no mention in "the nation" of his work, and we go all the way back to 1996, when pepsico had executives disparaging blacks in withholding talking about withholding evidence for a federal discrimination lawsuit, and jesse jackson actually spoke out and called for a boycott, which hastened the settlement of that lawsuit and yet there wasn't a single thing mentioned in "the nation." -- >> i might refer you to joanne wippiciewski wrote a 5,000-word article, what was it, ten years ago, victor? i think in there she, really was a full wide-ranging portrait of jesse jackson but i do agree with you. jesse jackson comes through "the nation" every five to six months, i say to give us sort of our secular sermon. he comes in the room and he walks around the table, the conference table, talks to all the interns, asks them if they have student debt, meets with everyone and he talks about what's on his mind and it is the case that he has been very involved in these last couple years and silicon valley. >> exactly. >> and trying to push for more diversity in an area which is going to defi

there is almost no mention in "the nation" of his work, and we go all the way back to 1996, when pepsico had executives disparaging blacks in withholding talking about withholding evidence for a federal discrimination lawsuit, and jesse jackson actually spoke out and called for a boycott, which hastened the settlement of that lawsuit and yet there wasn't a single thing mentioned in "the nation." -- >> i might refer you to joanne wippiciewski wrote a 5,000-word article, what was it, ten years ago, victor? i think in there she, really was a full wide-ranging portrait of jesse jackson but i do agree with you. jesse jackson comes through "the nation" every five to six months, i say to give us sort of our secular sermon. he comes in the room and he walks around the table, the conference table, talks to all the interns, asks them if they have student debt, meets with everyone and he talks about what's on his mind and it is the case that he has been very involved in these last couple years and silicon valley. >> exactly. >> and trying to push for more diversity in an area which is going to defi

you can't love you nonetheless alright here comes 50 canine competitors in san diego 10th annual pepsico'sog competition all breeze in size and divided panel of judges poster for taylor knox making the call second euro that thought as he would really come through 15 lbs. american eskimo won the crown congratulations and all people that are connected with him. . >> pam: as much as a sausage races. happy anniversary to me it's safeway's anniversary... happy anniversary to me but you're the one who's gonna save some serious money. happy anniversary to me right now with your club card brentwood sweet corn is 4 for $1.00 tropicana orange juice or farmstand juice is $2.49 and lays potato chips are just $1.99. happy anniversary to me. safeway's huge anniversary sale! it's just better. a spot near the golden gate bridge restricted if people like to go there in the next edition of people behaving badly tonight at a. >> pam: finally at 6 gary actors will smith and data smith getting divorced at one point today not getting divorced according to an on-line website for couples decide to pull the plug o

>>mark: pepsico said the new diet soda would allow have ascertained and will use a healthier artificialt and the apparent that it was causing fear self and air travel control of the nation's airport as having a hard time getting enough sleep the 2012 report by with just police now shows a like a schedule a short turnaround times will lead to serious safety risk to off every 10 experience significant mistakes with most control of dominion on chronic fatigue. >>mark: it was conducted by nasa but they're not excepting the report still had flash flooding heading coddle will show you more of a video of the powerful storms moving through the streets the series of images- zero spot on mars will explain. >>robin w: a tough ride this morning on west, 84 hot spot. motorcycle crashed out of the way a quick check of the committee on southbound 680 in draft make this trip is still slow, of dublin the 586 is but all the way into some no. >>mark: is a web site called ufo sighting daily and they're saying that this is proof there's life out there the astronomer said the human eye and look for instance

. >>> pepsico is getting rid of artificial sweetener. the new version of diet pepsi is sweetened by splenda. they say it will taste the same. >>> just ahead at 6:00 a.m. this morning, a scare at the shore. a little boy rescued. what happened to him when he was playing in the sand. >>> and it's not what you want to hear. serious concerns about air traffic controllers this morning. you're watching "today in new york." >>> >>> welcome back. 5:53. 72 degrees out on this tuesday morning. well, busy new yorkers can get a break from the city right in the middle of the city. >> how nice is that? the city's newest pedestrian plaza opened on 8th avenue between 43rd and 45th street. there are stages for live performances and free wi-fi. there are plans for movie night for children. advantage of the new public space. >> you want to have a place where you can just relax and get out of the office. whether it's on the weekends or after work. it's a place to get away from it all. kind of a respite. >> traffic around 34th is being diverted around that bl

bruce was driving on pepsico's highway, rented alexis that had been stopped -- >> wasn't text in your on the phone but they determined that. >> that could lead to more serious charges. one explanation was on another day this could be a rear end but they didn't think there was that intense, very unfortunate. we will see how that turns out. he was going under is the speed limit the too fest for road conditions. wind direction released their first music video. anna: they say this will be one of the hits of the summer. greg: summer is over. anna: it is called drag me down and is shot at nasa at johnson space center. everyone says it is out of this world. they put on astronaut's suit. i thought they'd showing off how good they looking skinny genes. it is a good song. i feel like i am too old to like them but i got into this video and song. and the afro punk confessed at, or buried part, the lineup is great and includes lenny kravitz, a warrant hill and grace jones. rosanna: oh my goodness, i love her. got to play in that song. rosanna: tickets start at $45 so you can go. rosanna: great sho

pepsico, 53. >> it does give more leverage to nelson pelts in the board room. velveeta, paul's candies and mondelez loveable cadbury brands. a win for everybody. >> meanwhile, media continues to be a big topic of conversation today. got some more big names out. viacom matching estimates and missing on the top line. similar story at fox and cbs. fox down 5% premarket as revenues miss a new 5% buyback. cbs did beat on the bottom line. sales amiss as well. on the back of the big declines led by disney's steep fall. moonvest talking about how broadcasting is in better shape than basic cable. they are going to make 5 million for the first few minutes of the super bowl. pacquiao mayweather grossed 600 million. they said it is going to trump anything we have seen. >> i like that verb. >> here is the thing that i have problems with. cbs is a small company, small company these days. >> about half the size of netflix. you know where i'm going. in the end, it does have rights to sell. it has franchises and criminal minds. it has csi queens not yet but probably in the maki

and okay, listen, you can see that dr horton and pepsico are the economy and home depot but walmart is not. i have to tell you, technology not that good, finance okay. you want to bring a rate hike on because you think we ought to have a rate hike. you know, we ought to have a lot of sun shine. we should have it on the weekends. >> not good enough. >> i need a little for. others don't. others being the others who come on and say it's time. to me, the only other people getting away with that are people on meet the press saying you're going to love it. our country, you're going to love it. >> yes. we'll have a lot of victories. >> it's like mcdonald's, you'll love it. >> we'll talk about it later, over 100. when we come back, 11 years ago google made its stock market debut. we'll look at the past, protect, and future. take a look at what mark haines said on this show on that day. also ernie els, known as the big easy, take a look at the premarket. six-month range for the s&p is 4.4%. narrowing than any six months in history. more "squawk on the street" live from post nine in a minute. at

you would be happy if you're pepsico where you have most of your raw ingredients coming down. you'd be happy the jeuro is lower. downturn is broken but emotions are taking hold. obviously people are thinking panic is a terrific strategy. >> here we're talking about the futures. we're talking about hedge funds and others who play in the premarket. fundamental buyers don't typically show up in the s&p minis. >> not the first day. they come up in the second day. >> i'm trying to get a gauge into how much that decline in the s&p 500 premarket can become self-reflective. clearly it already has given what's gone on this morning as we worsen as we get toward the opening bell. >> i think we have to wrestle with the idea that not all stocks should be down equally. if you're sitting there and running kroger in cincinnati, you're not sitting there as you would in 2007. i'm concerned about our consumer. i'm not saying kroeger -- they're smart people. they sell on a supermarket and that's similar today as it was thursday. >> if i own hmos, why do i care? >> you care because your stock is a

pepsico, down, very levered to commodity climbs s kimberly clark, a fine company to buy, they buy back, leverage to commodity. southern if you want utility that's my finest yielder. a real estate investment trust, no reason not to have 5%, a little growth in. verizon highly yield in the dow but the yield i trust. not an oil yield. >> not an oil yield. what about domestic stocks. >> we have to go after what we just heard that we know is doing well. kroger 19 times earnings may not be everybody's cup of tea. last time i looked beijing does not have kroerg. we don't want anything with beijing. nordstrom reported what a great quarter. give them their due. darton very big on gasoline decline. home depot just reported stocks been clocked. >> how growth are they? >> we want no china, nobody lud to do business in china, google, netflix. these are stocks i'd like to be down, at one point below where it was at the quarter. apple, we have information apple is strong as of last night. >> that's right. you really moved the market this morning. you got some comments from ceo. >> apple move the marke

. >>> pepsico has removed aspartame sweetener from its products. it's not clear if the drink will pop or fizzle. chris and mary? >> jill, thank you so much. >>> coming up, john is back in a moment with the latest storm track. >> talk about a holy voyage on the delaware river. the accommodations some will use to see the pope. >>> the mets beat the rockies, and the nationals beat the dodgers so the lead remains at game and a half. at subway, we bring layers of enticingly tender turkey, irresistibly crispy bacon, and deliciously rich guacamole together on freshly baked bread for one truly amazing sandwich: the new subway turkey & bacon guacamole. only at subway. >>> taking a live look for north brunswick. the rain is really coming down. a number of traffic issues to tell you about. let's get to traffic and weather on the 2s, starting with you, john. >> it's wet in the city, and pockets of heavy rain through queens into nassau county, in new york, we have rain and 73 degrees, and i will tell you what. you head to the west, and you're seeing heavy rain.

. >> because pepsico has been singing the song for entire years and an entire lab devoted to making everything same and coke realizes it, there's demand for it. the millennials are particular about what is in their system. there are chemicals they don't want to ingest. it's a smart move by coca-cola. fruit drinks and energy drinks are starting to outsell coca-cola and pepsi. stuart: soda sales are down. we keep losing. drinks as a genre are down. >> flavored sparkling water, that's what they want, not a coca-cola. stuart: take a look at the big board. come back a little. and 185 was the low and now we're down 140, 17-2 on the dow. thanks to everyone who appeared in this block. coming up, presidential candidate bobby jindal is it weighing into the anchor baby debate and joins me in the next 30 minutes and hillary, using comedy to distract the public from her e-mail troubles? judge napitano joins me next. . >> i love it. i love it. those messages disappear all by themselves. hi my name is tom. i'm raph. my name is anne. i'm one of the real live attorneys you can talk to through legalzoom. don't

coca-cola and pepsico, together they have about a fifth of the bottled water market. want you to check this out, this is the new 15-second teaser video for "star wars," the force awakens. it was posted on instagram. more than 100,000 people liking this already. see that right there, that cross guard light sabre, folks, i think it's a toy that they're going to buy. the lucas film comes out december the 18th. ashley: it leaves me utterly cold. stuart: 400,000 people have seen it? >> because we're addicted. stuart: so what? >> it's a 15 second video on instagram and people won't stop talking about it. ashley: they released it on intrasta gram. >> another video, too, and usain bolt. he was separating his world title and yeah, the camera guy on the segway loses control and butts into him and hit him in the calf, he is okay. and usain bolt later posed for pictures and there it is, there it is. he loses his control and-- >> breaking a leg or something? he did a somersault backwards. >> that was in beijing. >> he just won the cold in the 200 meter sprint. >> you can't go to c