i am pimm fox. today fame, being careful what you sign up for. not enough customers signing up for tesla's model s. the report. national football league cheerleaders accusing teams of not paying them enough. we will talk to one of the cheerleaders lawyers who said this is not what they signed up for. the founders of georgetown cupcakes. as demand for gourmet cupcakes crumbles we asked who is signing up for sweet treats. all that and more. first, headlines from su keenan. falling due tos the headlines on falling sales, quarterly sales rose to 6457 cars that exceeded the average of seven analysts estimates. it was less than the highest estimate for sales of as much as 6600 model as cars. again, shares moving lower. repurchasing 1.8 billion shares. the move is to reduce pollution from recent stock grants from executives. from recentlution stock grants from executives. reportingtain earnings. topping estimates. but where the forecast for the year. shares are higher in after-hours. those are the headline

i am pimm fox.he winklevoss brothers, a concept between the start up caviar is simple. deliver food from high-end end restaurants that don't offer delivery. top restaurants like the new york blue ribbons sushi, and pacific catch. and joining us is the cofounder and chief executive who joins us from san francisco. jason, great to have you with us. the twins, people remember them, of course, from facebook fame, where they had a hand in the creation of facebook, and there was a settlement between mark zuckerberg and the twins. tell us about how you came to connect with them and what their relationship is with caviar. >> sure thing, yes. thanks for having me on the show. last year, we were in the midst of raising our seed capital, and we literally just went on angels receivedlist and e-mails from someone on the team. it was something interesting, let's talk, so we connected, and the winklevoss twins liked it, and they put in some initial investment, and overtime with the expansion in new york, we starte

thanks for "taking stock" and i'm pimm fox. good night. ♪

i'm pimm fox.oday's theme is secrets. a well-known secret has finally been revealed. apple is agreeing to buy beats electronics. price tag, $3 billion. we have the details. some of the nsa's secrets were revealed by edward snowden. the contractor's story has now been made into a comic book. unlocking the secrets to making the perfect toy for children. we discuss all these focus groups, all these tiny workers. let's begin this hour with news on beats. i'm joined by eric cammie. jon erlichman from los angeles. severny johnson from cisco. jon erlichman, i went to begin with you. give us the details of this deal. >> there is $3 billion for the beats business, still relatively a young business. in terms of the reasoning that ,pple is giving for this deal there are a few factors. we talk a lot about technology companies doing acquisitions for talent. in this case, they are bringing very talented music industry players on board. if you think about what beats has been trying to do in its evolution, going b

i'm pimm fox. today's theme is performance. sailors of course are going to need their best performance to traverse the 3,700-mile course set forth by the ocean masters series. in just a moment i'll speak with the businessmen behind the race that stretches from new york to barcelona. nacho has played with prince harry, mingled with celebrities. we'll so he how his performance can grow interest in polo. and the remarkable story, from inmate to well performing businessman. all that and more over the next hour. but first, let's get headlines from my radio co-host. >> thank you very much. valiant pharmaceuticals raising its unsolicited offer foraler began a second --al -- for allergan a second time. holders of allergan would get $72 a share in cash and a fraction of one valeant share. household purchases unexpect lid falling in april .1%. that, folks, is the first decrease in a year. and check it out. former microsoft c.e.o. agreed to buy the los angeles clippers for a record $2 billion. one of the big

i'm pimm fox. today was a day of emotion. an emotional day at ford where ceo officially named the next to get the -- next chief executive. -- more on the band behind more on the nba dan of donald sterling. trump land a major golf tournament. at first, carol massar. >> linkedin is out with its earnings today. the company missed analysts estimates. shares are falling in after-hours trading. in the meantime, beating analyst isimates, harris associates seeing its stock higher in the u.s. in after-hours trade. another earnings report to tell you about on this thursday, nutrisystem is boosting its 2014 earnings forecast. right nowes -- shares are higher. >> thank you very much, carol massar. now to the big change at ford. chief executive alan mulally, who led the automaker through the financial crisis, will retire on august 1. take over. he will carry on the passion about product. but i share bills vision about --ding the industry through >> i share bill's vision about leading industry through the creati

i'm pimm fox.ght. ♪ >> live from pier three in san francisco welcome to "bloomberg west" where we cover innovation, technology, and the future of business. i'm emily chang. apple senior vice president says this is product pipeline is the best he's ever seen. he did not elaborate at the code conference but under pressure to deliver its next lackluster product, announcing a product yes -- announcing buying beats yesterday with cofounders jimmy eileen -- iovine and dr. dre.

i'm pimm fox. good night. ♪ >> here that pop? see that popstar.it comes to pop culture you have to think pepsi. the brand has been in the soda game for more than 100 years. at's the story we all know. for more, we take you inside pepsico. it is all that and a bag of chips. there is more to pepsico than pepsi. it has 22 brands, each polling in $1 billion in sales per year. it started with brant street.

thanks for "taking stock" and i'm pimm fox.t. ♪ >> live from pier 3 in san francisco, welcome to "bloomberg west," where we focus on innovation, technology, and the future of business. i'm emily chang. ebay is the latest company to be the victim of a cyber attack. hackers broke into its database and has gained access to customer information. we will take a look at how companies can fight back. down withhambers sits us for an exclusive interview. he asked about his campaign to curb nsa surveillance and why he thinks cisco could be number one in security. first, a check on the bloomberg top

i am pimm fox. today's theme is perspective. we are going to give you a lot of it. providing a unique perspective when it comes to shooting video. how they plan to complete with go pro cameras. a new definition of a bond car. he's going to tell me about his sales approach and this insight into his attempt to save saab. offers ailted kilt memorable perspective for its patrons. first, headlines from my radio cohost carol massar. out some of the headlines, cbs out with earnings today. first quarter earnings beat estimates. profits rising to 70 cents per share. rising hostings preliminary first-quarter profits that beat estimates. gap was helped by a gain in april sales. --e warner has b shareholders will get one share of time for every share of time warner they hold as of may 23. >> thanks very much. now we move from time warner to time warner cable in washington today. a comcast deal once again coming under congressional scrutiny. case forders made the their merger fighting antitrust claims and defend

i'm pimm fox. oprah winfrey thinks that the clippers may suit her just one day after donald sterling is banned from the nba. oprah winfrey says she is in discussions to make a joint bid for the term. -- the team. plus, meet the man who has designed suits for frank sinatra, clint eastwood, and ringo starr. also, the chief executive gives details behind futuristic suits. all of that and more in the next hour. first, the headlines with carol massar. >> yelp out with earnings after the close of trading, raising its second and two-year forecast after its stock finished higher in after-hours. metlife reported a 35% increase in first-quarter profit and made derivative gains and international growth. it saw operating profit of $1.37 per share, missing the analyst estimates. twitter saw its stock hit its lowest level since last year's ipo. membership in the first quarter reached 255 million, with year-over-year growth to celebrating. the twitter ceo is focusing on the long-term. >> we are extremely focused

i'm pimm fox.heme is trail blazer. areh mutter and mudderella blazing a trail when it comes to adventurous fitness. we find out how getting down in the mud is creating a business boom. plus, michael sam, a trailblazer in football. i will speak with the agent for the first openly gay player drafted by an nfl team. and solar roadways -- it is trying to change the energy market. details ahead. all that ahead over the next hour, but first, let's get headlines from my radio cohost, carol massar. >> we got some retail news to tell you about -- jc penney stock blazing in after-hours. share.a loss of $1.16 a analysts predicted $1.22 a share. nordstrom posted first-quarter revenue and profit that topped analyst estimates. the company relied on e-commerce sales to drive up sales to nearly $3 billion. war and -- warren buffett's berkshire hathaway disclosed its share of verizon. the stake is valued at more than $528 based on today's -- more than $528 million based on today's closing price. >> thanks very much

i'm pimm fox. today's theme is imports. vita cocoa has been a successful import from brazil. the company has 60% of the market for coconut water. that's a $600 million business. wow. i'm going to talk to the chief executive coming up. plus, byron munich. the german soccer giant looks to import its club's success into the united states. you're going to hear from two of its top executives. and natural slush. the company similar porting its food truck business for frozen drinks into restaurants and supermarkets around the country. all that and more over the next hour. but first, let's get headlines from my radio co-host. >> thank you very much. hewlett-packard is cutting more jobs. the c.e.o. is pushing forward with a revamp of the world's second biggest p.c. maker by eliminating 11,000 to 16,000 jobs. the cuts come on top of the 34,000 reductions already announced. meantime, the gap reported first quarter profits at exceeded analysts' estimates. the retailer was helped by sales of low-priced clothing

i'm pimm fox. let's begin by taking look at the market moving headlines.'s go to carol massar, standing by. >> new-home sales climbed in april for the first time in three months. easing concerns of a setback in the residential real estate market. the 6.4% increase was the biggest in six months and spurred by surging demand in the midwest. regulators are looking on whether there is a new ignition switch defect involving older dodge ram pickups made by chrysler. there've been three reports. one incident resulted in the death of a child according to investigators. , intel, and adobe have agreed to pay to settle an antitrust lawsuit. lawyers are seeking approval of the deal. thank you. according to a recent consumer reports article, talenti was rated one of the best ice creams with less calories than its competitors. revenue was 2.5 million dollars pre-2013, sales soaring to $100 million. projected to reach sales of $150 million this year. i'm joined by the chief executive officer, steve gill. thank you for being here. you are a hero to the studio. you brought

i am pimm fox. today's is goodt and bad side ofh innovation. first the bad. the u.s.eme is the accuses five chinese military officials of stealing trade secrets through the use of site rest been a. you will learn about the alleged hacker attacks and now to the can area in information ring fitness classes into your living room and that cowboy cauldron. the masters of the fire pit take us and show us the world of the luxe barbecue. and my producers try to stymie with the mystery guest. let's get headlines from carol massar. retailer out with numbers that beat estimates. at&t would gain more than 30 million video subscribers in the u.s. and in latin america. at&t would pay $90 for each share of direct tv. and telling donald sterling that intends to force the sale of racist comments that got him banned from only for life. 27 until --til may to respond. >> the u.s. government has filed a criminal case against credit suisse in federal court. allegesice department that credit suisse has aided citizens in t

i'm pimm fox. today, we have two things. reinvent and retold. home depot shares gaining three percent. this hour, i will talk to the chief executive behind the powertel brand rockwell. flyer, the chief executive tells the story about how the brand reinvented itself back to relevancy. speaking of friends, gibson guitar, they offer details about how he retold a classic instrument. nexthat and more over the hour. let's get headlines on carol massar. with earnings.ut the software company forecasted that exceeded predictions. it topped the $1.7 billion that was the average projection. stocks higher in after-hours trading. says he does ceo not expect a guilty plea to crumble charge that will drive customers away from the bank. the company granted the largest penalty in an offshore tax case. swiss accounts to help americans hide money from the irs. chris christie says he will cut pensions this year to balance the budget after revenue failed to meet his projections. it'll be $700 million. that is a look at the top headlines at this hour. back over to yo

i'm pimm fox. ♪

i am pimm fox. the theme is balance. the hotel bel air los angeles is trying to find balance between politics and business as protesters, including jay leno, take a stand against the owner of the property, the sultan of brunei. we will tell you why there is a boycott. finding a balance is a way of life for professional bike riders. the business of being a bmxer. a navy seal who uses balance to create a multimillion dollar business. all that and more over the next hour. first, let us get headlines from carol massar. >> very busy in the after-hours. alibaba filing today for what could be the u.s.'s largest initial public offering ever. they did not specify how many shares it will offer in its ipo or what the evaluation will be. the market value is estimated at $168 billion. "frozen" continues to sizzle for disney. they saw quarterly profit at 27% because of the megahit. disney reported second-quarter income of $1.92 billion. groupon transition to e-commerce retail is hitting bumps along the way. they forecast second-quarte

i'm pimm fox. look at today's market moving headlines, i want to go to my radio co-host, carol massar. >> citigroup has fired people for failing to prevent or discover loan fraud at the company's mexican unit and said more will face punishment. the dismissal includes two headed business units in mexico. citigroup said the fraud involved 400 million dollars. sears is considering a sale of its canadian stores. the struggling store chain may invest its stake in canada. sears holdings will hire an investment tanked to study options. check this out -- u.s. crude production climbing to a 20-year high. output rose to eight point 4 million barrels a day, the most since october 1986 according to the energy information administration. back over to you. >> thanks very much. liquidspace is an online and mobile platform, of course, but it is approaching the real estate market in a whole new way -- they allow users to track down available offices and meeting rooms, and then they rent the spaces out by the hour o

i am pimm fox. haley barbour discusses the decaying foundation of the u.s. in politics and infrastructure. we will tell you how a legal settlement involving kellogg has a natural food industry talking about its foundation. details ahead. six-time major league baseball all-time star willie randolph will tell me how the new york yankees have created a foundation for a global rant. all that and more over the next hour but first let's get headlines from our radio cohost carol massar. >> thank you very much. we start off with take two interactive. reporting earnings that beat analyst estimates. its outlook for the quarter a little bit of a mess falling short of expectations. maybe video games could have helped out retail sales purchases increase in the month of april and followed a revised 1.5% jump in march that marked the biggest gain in four years and the coca-cola company will become green mountain's largest shareholder. coca-cola is doubling down on the maker of keurig coffee brewers. >> pfizer, the

i'm pimm fox. let's begin by taking look at the market moving headlines. go to carol massar, standing by. >> new-home sales climbed in april for the first time in three months. easing concerns of a setback in the residential real estate market. the 6.4% increase was the biggest in six months and spurred by surging demand in the midwest. regulators are looking on whether there is a new ignition switch defect involving older dodge ram pickups made by

i am pimm fox. the european union is heading rusher with more sanctions.u foreign ministers meeting in brussels added 13 people to the list of individuals on travel bans. they said they will send a bill for june, and if it is not paid by june 2 they will not receive any russian gas. bonds will rally. hold theplans to are folded, i'm not hedge it -- their portfolio, not hedge it. >> new york's hottest new food craze is a bagel. people are lining up around the block at black seed in manhattan. the new story is featured in the bloomberg businessweek. , noahre the cofounders bernamoff and matt kliegman. how did you decide that the bagel was the new food craze? >> we reported and found that other people had decided. it is because people are lining up for an hour outside their bagel store. bagel,s a special hybrid montrÉal and new york together, and it is the latest food craze. >> hybrid hagel. -- bagel. what makes you think that a bagel that has components from montrÉal is something that people want? >> i think that the new york bagel is very special come a lit

i am pimm fox. today's theme is perspective. we are going to give you a lot of it.pective when it comes to shooting video. how they plan to complete with go pro cameras. a new definition of a bond car. he's going to tell me about his sales approach and this insight into his attempt to save

i'm pimm fox. the united states has unofficially started summer and it is cooling off. bar in someees ice areas. me how thistells new concept is catching fire in the united states. are you planning a scuba vacation? new business based on creating artificial reefs. we will speak to the owner. , edible cups for your summer beverages. that and more over the next hour. let's get the headlines from carol massar. is eliminating hundreds of u.s. jobs well shrinking its business. this is according to people familiar with the matter. the moves are part of a plan to reduce assets and u.s. operations ahead of the rule that would require banks to bring in more capital. producerorld's largest is making a bid for hill scheier. -- hillshire. they are offering $45 a share will stop it is contingent on an agreement to acquire another food group. back to you. >> thank you carol massar. back from a surprise trip to afghanistan, president obama said that the job for the united states is done there. the military presence will be almost nonexistent. joining us from washington is phil matting

im pimm fox.. ♪ >> live from pier 3, this is coverberg west" where we innovation, technology, the future and of business. interest just learning to open .he revenue spout have they are risen to high-end too fast? they have put a locker in the middle of downtown san francisco. what is there and what might be inside. first, editor-at-large

i'm pimm fox. have you thought that las vegas was the gaming capital of the world? think again.anie ruhle spoke with steve wynn at the milken institute global conference. take a listen. >> what is happened is the opportunity is so terrific that makes other things look less than terrific. yes, it is true that we are primary a chinese company. that is probably going to look even more so as our third hotel is being completed in the next 18 months. there will come a point where the ratio of domestic to chinese earnings is greater than it is now. >> you were the first. you got the stands. caesars is building in south korea. you have a new project that could cost you north of $3 billion. do you worry you are going to saturate the chinese economy -- the chinese market? >> in the last 3-4 years, our have been steadily increasing in earnings in spite of the fact that the amount of casinos has nearly doubled. our competitors have built beautiful new, very expensive and well thought-out project. yet we are still growing. the market has been expanding at a rate that has allowed the supply b

i am pimm fox.you happen to be in brazil for the world cup that means you can ask to sample the businessman's special but that is if you know enough to ask. to explain i am joined now by porzecanski. >> there are local options, anything that is more to the local tasting. problems have a habit in brazil? >> there have been others that they have not compensated for workers to my there is a worker that said that he gained 60 pounds after working at mcdonald's over 10 years because he had to eat that food. and only that food. strict -- they have very labor laws in brazil so this is the troubles that countries -- companies run into. >> have they had a tough time complying with the laws in brazil? ran into some trouble. they're accused of overworking their employees and not compensating them properly. they have been sued as well. in these countries you have union laws that change from state to state and they're very detailed and particular. you can get in a lot of trouble for not complying. -- courts side

i'm pimm fox. the united states has unofficially started summer and it is cooling off.5 degrees ice bar in some areas. the founder tells me how this new concept is catching fire in the united states. are you planning a scuba vacation? there is a new business based on creating artificial reefs. we will speak to the owner.

i am pimm fox. today's theme is the good and bad side of innovation. first the bad. the u.s.ses five chinese military officials of stealing trade secrets through the use of cyber-espionage. you will learn about the alleged hacker attacks, and now to the good. innovation can bring fitness classes into your living room. and

i'm pimm fox. today's theme is imports. vita coco has been a successful import from brazil. company has 60% of the market for coconut water. that's a $600 million business. wow. i'm going to talk to the chief executive coming up. plus, bayern munich. the german soccer giant looks to import its club's success into the united states. you're going to he

i am pimm fox. it is thursday. we have something up our sleeves. waste td phil great.e winter weather? costco, the nation's largest

i'm pimm fox. today, we have two things. today's theme is the perfect fit. business surrounding --nd

i'm pimm fox.ah winfrey thinks that the clippers may suit her just one day after donald sterling is banned from the nba. oprah winfrey says she is in discussions to make a joint bid for the term. -- the team. plus, meet the man who has designed suits for frank sinatra, clint eastwood, and ringo starr. also, the chief executive gives details behind futuristic suits.

. ♪ >> this is "taking stock," for monday, may 5, 2014, and i am pimm fox.winklevoss twins are back in -- are backing a premium food delivery startup that is spreading across the united states, and we will get a look at their business. it is called caviar. the chief executive of caviar is going to talk about how it will be for your dining dollar. plus, we will introduce you to wearable technology that gives you an experience with your smart phone.

i'm pimm fox. today was a day of emotion.n emotional day at ford where the current ceo officially named the next chief executive. and more on the more on the nba ban of donald sterling. and donald trump land a major golf tournament. at first, carol massar.

i'm pimm fox. today's theme is secrets. a well-known secret has finally been revealed.is agreeing to buy beats electronics. price tag, $3 billion. we have the details. some of the nsa's secrets were revealed by edward snowden. the contractor's story has now been made into a comic book. silicon valley unlocking the secrets to making the perfect toy for children. we discuss all these focu