i'm david spade. i'm the final guest host of the week.ke joan rivers and much like her i'll probably die in my 80s getting plastic surgery. [ laughter ] isn't that nice? by the way, you may know, back in the '90s i was on "saturday night live." [ cheers and applause ] i wore a ton of wigs for all the sketches and i loved doing that. but in real life, i have stupid harry everyone makes fun of it. it's been described at unisex. that's the nicest thing. [ laughter ] so we came up with a guessing game because this is what tv has become. how it works is i'm going to show you a picture of some hair, then you have to guess if th hair is mine or a famous chick's. it's time for "spade-y or lady?" [ cheers and applause ] all right, here we go. first up. is that spade-y or a lady? what do you think? let's see. all right. hey! [ cheers and applause ] no layering. one length. sort of like a bob. this game is already hurting my feelings. all right, next. lady? i think lady. what is it? jennifer. okay, i'll give you that one. let's do another one. spade

when do we call a spade a spade and call explicitly obstruction of justice? >> so, i think that we start by putting in place the tools for an investigation. i have called for a special prosecutor. many of my colleagues have called for a special prosecutor. people around the country. and why? because we want someone who's going to investigate the ties between russia, the trump campaign and donald trump himself. who cannot be fired by donald trump. that seems like a good start. someone who's independent. who will run a transparent investigation, who has the right authority to run it and who also has the resources to run it. i think this is a first start for where we need to be and we need to push our colleagues hard on this. and begin with an investigation. it doesn't mean it's the

coach has agreed to buy kate spade or $2.4 billion. has been trying to build a multibrand company through acquisitions. sales turnedtore negative in q1. more details later in the hour. that is your latest bloomberg business flash. still ahead, some of the world's top money managers looking to give returns of those. this is bloomberg. ♪ vonnie: live from bloomberg world headquarters in new york and london, i am vonnie quinn. mark: and i am mark barton. emma chandra has more from new york. >> let's get you caught up. french president and manuel micron joint with president franÇois belongs to celebrate ve day. he won in a landslide, beating far right candidate marine le pen. strength, the energy, and the well, because that is what has carried us to this position, and that is what has made us, and that strength well in sure our future. we won't give in to fear, division, and lies. >> krohn is an independent who had never run for office before. -- macron. rex secretary of state tillerson will meet wednesday with his russian counterpart in w

or four times a week, i'm playing spades. anything works for money. >> at santa rosa, a simple game of spades serves a purpose. the prison-issued playing cards are like nothing you'd find on the street. >> these are the only cards they sell, dead people, homicides, missing people. that's all they sell us. >> it's cold cases. in hope that some of these inmates may see the cards and know something about the case where they can help solve the case, put the family at rest. >> did you ever see anybody you know in there? >> no. if i did, i still wouldn't say -- i'd still say no. >> why is that? >> because these are dead people. that's self-explanatory. unsolved homicide. >> when we gave jesse kozlowski a personal camera to use in the privacy of his cell, he explained why he wouldn't help solve any of the cold cases, even if he could. >> she asked me would i want a homicide to be solved.

coach and kate spade is right in the middle.t super luxury even though coach wants to pivot toward that. they are also not super mass-market. some of the other players that have rumored to be in play, you can see some of them try to tie up or you can see coach go out once they resolve their balance sheet after this one. broader sense, is what we are seeing is a struggling industry with valuations going down and this is says -- this is necessary consolidation. >> i think so. luxury had been be protected market or little while. -- for a little while. i think to your point, you need a little bit of consolidation to bring those brands under roof and get them better targeted you can keep them preserved and have a parental growth. david: noel hubert -- noel hebert, thank you so much. as you look at this, a rash of deals and a lot of companies with a lot of cash on their balance sheets, is this because of the optimism that donald trump brought into the market? david: the other issue is financing is still cheap, for doing deals. compani

your passion is so palpable, wind do we call a spade and -- a spade a spade and call obstruction of justice? sen. warren: i think that we start by putting in place the tools for an investigation. i have called for a special prosecutor. many of my colleagues have called for a special prosecutor across the country. why? because we want someone who is going to investigate the ties between russia, the trump campaign and donald trump himself. be fired by donald trump, that is a good start. someone independent, who will run a transparent investigation, who has the right authority to run it and has the resources to run it. i think this is a first start for where we need to be. need to begin with an investigation. it doesn't mean it is the makingt, but we start by sure we have documented the facts and i want to be clear on this point, in a nonpartisan way. this is not a point of democrats versus republicans. aboutamerican should care the integrity of our democratic process. democrat, republican, independent, libertarian, vegetarian. [laughter] sen. warren: everyone should care and that is how we ha

coach is buying kate spade for

the company behind "coach" handbags is buying rival "kate spade." coach says the two-point-four billion dollar deal will give the company a way to reach younger consumers and drive long-term sustainable growth. they plan to keep the "kate spade brand," but will be cutting back online flash sales and wholesale offerings. if you thought it rained a lot last month... well, you're right. this was the second wettest april on record in the u-s. the national rainfall average was three-point-four inches. only april of 19-57 saw more rain. scientists say the increased precipitation is consistent with climate change patterns of heavy rains interspersed with record drought. now let's see if all those april showers... really mean may flowers. at xx time for weather. toss to eileen frost advisory in effect until 9am for western suburbs. - chilly morning; nice afternoon - tomorrow - warmest day of the week - showers return late week - rain for part of mother's day weekend - may warmth in sight today: mostly sunny. chill start, nice afternoon. highs: 65-69 winds:

. >> i was going to say, my mom taught me how to play spades. >> my mom taught me, too.ve housing unit with inmates accused of more serious crimes, he's made some new friends. >> i'm jay dizzle. i be rapping and stuff. >> that's my bodyguard right there. that's my bodyguard right there. >> that's wacky chan, wacky chan. ♪ ♪ my [ bleep ] bill is too high ♪ ♪ we been around ♪ we get around in your town it's how we get down ♪ >> while gonzales has made the most of his time at the central jail, few things in jail last forever. a couple of days later he was transferred back to the theo lacy jail. he's been assigned to a cell in one of the mods, the very place he wanted to avoid. >> i would probably never be in the mods. the mods is like way inside, like no sunlight, two-man cell. you're in a cell, like they lock the door on you. >> really? that's where i guess you see the real serious. see, that's somewhat disturbing. >> i don't know why they brought me over here. i liked it better over there. >> have you told your mom your moved over here. >> i talked to her. she got right o

. >>> coach is buying kate spade. that's where we begin the market focus. the handbag and accessories maker is acquiring the rival for $2.5 billion. the in you deal highlights coach's ongoing efforts to attract a younger demographic with the company saying kate spade has a strong awareness among mel enyals. coach shares rose, while kate spade popped to $18.38. >>> newell brand had better than expected earnings. the maker of household products like elmer's glue and sharpie markers said it was related to the sale of the to newell also lifted its quarterly dividend 21% to 23 cents a share. the shares jumped almost 12%, $51.93. >>> tyson foods said fires at two facilities hurt its production causing the meat producer to report earnings that missed expectations. revenue inched lower, but was still stronger than expected. tyson also said florida's attorney general requested information from the company regarding possible anti-competitive behavior. as a result of all of that, the shares fell 6% to $59.48. >>> elliott management disclosed more than 15% stake in the

coach buying kate spade.the political outsider defeating marine le pen and we have reaction from paris straight ahead. >>> first up, after a busy weekend in omaha, warren buffett joined our becky quick for a three-hour special this morning. becky has some highlights from their conversation. you can essentially go anywhere because you guys covered a lot today. >> we did. the three of them happened to have a very deep and a very broad series of interests and expertise. we dug into a lot of different issues but one of the big topics that we touched on today was health care. it's not only important for consumers but for businesses. in fact, buffett says when it comes right down to it for american business, getting health care right may be even more important than getting taxes right. >> probably hear more from business leaders about corporate taxes. being -- causing them to buy with one hand tied behind their back in terms of foreign competition. corporate taxes as a gdp have gone down to 2% so they have been cut

fun fact the cofounder andy spade is brother of comedian david spade.had no idea. >> i did not know that either. >> bad news buzz ago around one popular tuna bumble bee executives pled guilty last year. san diego based company is said to be cooperating with ongoing investigation into the packaged seafood industry. >> well the days of getting dollars and cents for allowance are disappearing. new startup is offering preloaded visa debits cards for parents to pay their kids. company currently says that it also allows appearance to monitor where and how the allowance money is spent. survey find the average skid getting $18 a week for allowance. guess how much my kids get for allowance anybody want to take a guess. >> zero big goose egg. >> that's right. >> i allow you to stay in my house. >> they're paying you. >> ice extreme lovers today is special day for you because hagen daas is hosting annual free cone day scoop at participating shops in d.c. 4 to 8. does that work in maryland shops too. >> i have to look at up. >> we need to investigate. may be ice cr

coach is acquiring kate spade.ead, we find out what it means for shoppers. >>> and it's a busy time of year for home sales. what do you do if you're buying and come aoss acr narrator: "the time is always right to do what is right. ralph northam. army doctor during the gulf war. volunteer director of a pediatric hospice. progressive democrat. in the senate, he passed the smoking ban in restaurants, and stood up to the nra. as lieutenant governor, dr. northam is fighting to expand access to affordable healthcare. ralph northam believes in making progress every day. and he won't let donald trump stop us. ♪ [doorbell] ♪ ♪ when you have doctors working as a team for your health, you get the care you need to help you thrive. ♪ visit kp.org to learn more. kaiser permanente. thrive. ♪ >>> they're trained to fight fires, but now a fire house in prince george's county is locked in a battle over a fence. it's going up from the branchville volunteer fire department. chopper4 flew over the site and found crews digging holes her

coach is buying kate spade for $2.4 billion. the ceo says the deal will help to reach younger consumers and drive long-term sustainable growth. it will be cutting back on wholesale offerings. shares of both companies jumped on news of the merger. >>> facebook is working on its own tv shows. some will be only 5 to 10 minutes and will refresh every 24 hours. others will be longer big budget programs. >>> a live look at the big board and the dow is down about 2 points. >>> it's a holiday favorite you can enjoy year-round. tony tantillo has the tip of the day. >> it's not a holiday and i'm doing -- usually crisp this time. i ams should be enjoyed year- round. they could be the most nutritional of all produce out there. they are loaded with nutritional value. it's considered a super food and delicious in so many different ways. make sure they have beautiful color and are free from shriveling or cracking. when you bring them home. store them in a cool, dry place away from moisture. nutritious, delicious, good for us. you can't beat us

we need to call a spade a spade a get politics out of it. with ourinvolved relationship with saudi arabia having to do with our relationship with major oil country, we need to basically say to the troops, but their feet to the fire and not only supplying them with billions of with --in weapons, which they can use with countries like yemen, but to for theiraccountable levels of responsibility in the world we have today. thank you very much. jim comey with the former fbi director, fired by president trump, and the former fbi director looking into matters of russia, talks between those two starting as the justice department continues its investigation of a 70's saying the former fbi director who was fired started it preliminary discussion with the special counsel about his intention to testify before the senate intelligence committee about communication with the president. the testimony will be part of the inquiry into possible collusion tween the trump campaign in russia. toey was not authorized .omment publicly an appearance would occur only

bfg -- big friendly activist invester. >> you work on that. >> i will. >> kate spade and coach, price.4 billion. courtney reagan's here. this was probably the worst kept secret on wall street. >> yes. >> negotiations forever, and we have victor luis here, teasing us on whether he was going to be buying kate spade or not. what took so long? just price, or do you have any other insights on this? >> so it's really interesting. this was very oddly telegraphed in the media for a number of months since just several days after christmas, and i think why you're seeing it here approach higher today is that investors are happy that coach did not overpay, so they paid 1850 a share for kate spade. that's a premium, but a premium only to the amount of the share price back on december 27, so there's relief there. it's interesting. you called a rival, but really, coach says it's complimentary. i spoke to victor on the phone, saying only 10% of the customers overlap between coach and kate spade. are millennials, the hig coveted shoppers. you are awaring shoppers and another brand, a way to grow. >> o

kate spade sales turned negative in the first quarter.ll 2000 in our options in sight. from new york, this is bloomberg. ♪ julia: this is bloomberg markets. scarlet: time for options insight would julie hyman. julie: join me is the cheapest market data sheet market strategist at bullseye option. we been talking a lot about the vix today. been talking about the debate about its predictive ability. i'm curious where you come out on that. what does this tell us, if anything? >> the trends are very much intact. don't fight the power. the trend for the vix has been lower and every time we've seen an explosion of bounce up, it's gotten be that down with lower lows. the projection is still nine dollars after a sideways trade for many weeks. that's a two dollar measurable target to the downside. we still have more downside before we hit our targeted support level but i'm not trading because the vix is higher low, this using it as a secondary indicator to give me guidance kind of strategy might be appropriate. julie: what were seen at the moment,

merger monday with coach, kate spade and tribune, being held up is a pharmaceutical company.inutes into the monday session. the two boxes i want to for you is france's -- index. the euro down by 6/10 of 1%. it was up over a quarter of 1%. the macron presidency should help the euro dr. -- should up 116euro-dollar leading to for euro swissie. those of the key assets to watch out for today. yields are creeping up across the eurozone. we will talk with -- about oil. let's get the corporate news. .his is a one-year chart rejecting ppg industries. define pressure from shareholders to engage with its bid.r over its $27 billion rejected to offers from ppg saying they were too low and not worthy of discussion. the chief executive of accel proposed splitting up the company and splitting it up and rewarding shareholders with a high dividend. one of those other shareholders are going to think -- what are those shareholders think? that preorders expanding for second month. orders are-- adjusted to inflation and rose -- rose above the estimate. saying economy gathered momentum in the first

same storekate spade sales turned negative in the first quarter.ded in brazil for ,uestionable sales practices manufactures drugs for autoimmune diseases. americans expect home prices to rise 3% over the next year. month resumed its long-term upward trend. the study found most americans buyk now is a good time to house and people are confident about keeping their jobs. that is your bloomberg business flash update. is partnering with the university of toronto to help improve uber's autonomous vehicle software. one of the universities artificial intelligence experts will lead the advanced technologies group. the group is weighing a parliamentary and junction against uber's self driving car program. why participate with the university of toronto of all places? >> if you are in the machine learning technology world, the university of toronto has a lot of great artificial intelligence researchers, so this is an alliances build these , going where the talent is, and trying to build offices there. vonnie: how much does this have to do with the california

coach is buying kate spade for $2.4 billion . . .tailer coach agreed to buy kate spade for $2.4 billion. coach said the combined company will create a "leading luxury lifestyle company" supported by "significant expertise in handbag design, merchandising, supply chain, and retail operations." the per- share acquisition price is 27.5% higher than kate spade's share priceone analyst thinks apple is going to be worth $1 trillion . . . apple remains "among the most underappreciated stocks in the world," drexel hamilton analyst brian white. he's one of the most bullish analysts watching apple. on monday, drexel raised its apple price target to $202 a share from $185. with the expected release of the iphone 8 this fall, apple is only in the "early stages" of unlocking upside potential for investors. investors.potential for upside potential for investors. more people than ever are making the move to nissan. ♪ because of rogue, the best selling suv in america. ♪ titan, with america's best truck warranty. ♪ and the most advanced safety featur

. ♪ coach is buying kate spade for $2.4 billion . . .tailer coach agreed to buy kate spade for $2.4 billion. coach said the combined company will create a "leading luxury lifestyle company" supported by "significant expertise in handbag design, merchandising, supply chain, and retail operations." the per- share acquisition price is 27.5% higher than kate spade's share priceone analyst thinks apple is going to be worth $1 trillion . . . apple remains "among the most underappreciated stocks in the world," drexel hamilton analyst brian white. he's one of the most bullish analysts watching apple. on monday, drexel raised its apple price target to $202 a share from $185. with the expected release of the iphone 8 this fall, apple is only in the "early stages" of unlocking upside potential for investors. warriors trying to close out the jazz gordon hayward and the jazz trying to avoid the sweep warriors hot from the start steph curry hits the 3- pointer then follows it up with anotherdraymond green big slamklay thompson with the lay-upgreen 3-p

spade. >> folks, wrap this up. we close in one minute. >> how much for the emmy?ess. you can just take it, make it a gas station restroom key chain, i do

spade to have fewer online flash sales, which helps bolster the brand's luxury image. >>> and bumblebee foods pleading guilty for price-fixing tuna. the company will pay $25 million for its role in a conspiracy to raise and maintain prices between 2011 and 2013. that's according to the department of justice. and has fully cooperated during the investigation. tuna price fixing. >> got it. "early start" continues right now. >>> president trump lashing out after two former officials give crucial details about the investigation into russian meddling in the 2016 election. >>> and the president's travel ban once again in the hands of an appeals court are tough questions about some statements about muslims. will the ban survive this latest legal scrutiny? good morning, everyone. welcome to "early start." i'm christine romans. >> i'm dave briggs. we'll discuss a new term from republicans on the health care bill. is it obamacare 2.0? that's an interesting way to describe it. how will it work in the senate? >>> fierce pushback, meanwhile, though, by the president against former acting attorney ge

so into kate spade. coach went into footwear recently and it was a head scratcher because coach was always known for handbags, but kate spade has been into footwear for a while. can they be complementary? >> it is to continue to create and grow market share. there are not a lot of cost synergy between them. the idea is to create a conglomerate but on a much smaller scale. david: sinclair broadcasting has confirmed its deals to acquire tribunal media for $1biion. >> the price may be a surprise from what we had reported about one month ago, where sinclair highoping to buy it in the 30's per share. it is driven by competition and fairly late competition for this asset. you mentioned that fox and blackstone took a look at combining and potentially buying tribune. it ended up bidding in the end, but nexar did. i think that pushed the price higher. mark: shares of akzonobel lower today, rejecting a third offer from its u.s. compit ppg raising the prospect of a hostile approach. will they go hostile? >> that is

checking in on the opening bell, coach purchases kate spade. checking in on the broader markets, lower this morning dow jones, live look down 33, 20,000 973 nasdaq down as well. and below that 6100 mark, 6097 s&p 500 is down. mother's day is sunday and a survey shows more people plan to honor mom with a gift and will give dad a gift next month. they will spend more on mom. experts say people plan to spend money on mom for more money and other friends who are mothers. and there's a regional difference and how much money gets will cost. >> the west coast and northeast region tend to spend more on average nor the section of the country spends $71 versus west coast plans to spend 65. >> the survey shows there's two gift at the top of most mothers wish list. the first is a meal out with the family. so she doesn't have to shop, cook or clean. the next is a gift card to spend any time she wants on anything she wants. >>> toys "r" us steps up online shopping game. retailer overhauls the website by making it more streamlined. executives hope the new app

so enter kate spade.nie: coach went into footwear recently and it was a head scratcher because coach was always known for handbags, but kate spade has been into footwear for a while. can they be complementary? tothat is the idea for them, continue to grow market share for coach and their family. there are not a lot of cost synergies between the two of them. the idea is to create a conglomerate or a mini conglomerate, kind of like an lvmh, but on a much smaller scale. david: sinclair broadcasting has confirmed its deals to acquire tribune media for about $3.9 billion. not a big surprise, although 21st century fox flirted with it. >> the price may be a surprise from what we had reported about one month ago, where sinclair was hoping to buy it in the high 30's per share. the final price ends up being $43.50 per share, driven by some fairly late competition for this asset. you mentioned that fox and blackstone took a look at combining and potentially buying tribune. they did not end up bidding in the end, but

enter kate spade. where want to put recently and it was a head scratching because coach was always known for handbags. ut kate's fate been in footwear for a while. can they become elementary? >> that is the idea, to keep growing market share. there is not a lot ofney between the two of them. the idea is to create a conglomerate or a mini conglomerate area -- mini conglomerate. >> sinclair broadcasting has confirmed its deal. this is not a big surprise. a surpriseay be where sinclair thought they had th one in the bag. the final price ended up being 4350 per share. -- 43.50 per share. >> they developed at combining and potentially buying tribute. they didn'and updating any and. but next are dead. that is another broadcast tv company. i think that push the price higher. they rejected a third offer from the u.s. competitor. raising the prospect of a hostile approach. that seemed to be indicating -- if they don't do that, hostile is the way to go. keep in mind that the dutch market is one of the top ghetto

coach is acquiring kate spade, the deal is $2.4 billion, kate spade shares are jumping on the news. into breakfast this morning a recall to tell you about, aunt jemima recalling frozen products over listeria concerns. how much money the guard apes of the galaxy sequel brought in this weekend? all the stories and helping know break it down dagen mcdowell, mitch rochelle and pollster and maslansky + partners president, lee carter. lee: great to be here. dagen: fantastic, i can't wait for your upcoming guest. maria: kevin mccarthy is coming up. we want to talk about the agenda and really what gets done expect. >> and whether or not they can get tax reform done if they have to have the health care booming around. maria: we know that the senate wants to start from scratch on health care. lee: they could have a better way of talking about that instead of starting from scratch . starting from scratch seems scary. dagen: to mitch mcconnell's dret, he's had a group to put together for some time, they are ready to start acting, it's not like that they are starting at 0 zero per hour. lee: don

. >> i went independent kate spade back. >> maybe you are on to something. we know they have been up for sale, $2.4 billion deal, this is going to be a big move, positive as it tries to get the younger demographic, teen shoppers, this is good news. >> canada figuring out how to do that. never underestimate the power of a donut, and they are donut holes. and 24 donut holes. the company says all mothers, as sweet as they are. >> a good idea. >> james clapper and sally eighth grilled on the hill over russia meddling in the 2016 election, what did we really learn. >> show it to me. the hearing was the same old story. >> a murder mystery. >> on this day in 1930 a starting gate was used to start a triple crown race for the first time. >> in 1874 the house judiciary committee began working on next and's impeachment. it's not where we start, it's where we end up. expedia. everything in one place, so you can travel the world better. and these kids are having a bake sale for their soccer team so i need some cash. can i give you my mother's maiden name or my first conc

well, coach buying the rival kate spade.coach says the $2.4 billion deal would give the company a way to reach younger consumers. they plan to keep the kate spade brand but cut back on the online flash sales and the wholesale offering. alison: another big merger deal today. this involving our parent company sinclair broadcast group. the company paying $3.9 billion to buy tribune media. tribune owns 42 stations around the country including ktla in los angeles and wgn in chicago. larry: okay. will it make us warmer? not need -- not immediately. alison: we talk about how beautiful the sky is. doug: ther weather clouds but the temperatures are ten degrees below what they normally are this time of may. let's talk about the frost and the freeze advisories. we have freeze warnings in effect in the mountains. so keep that in mind. closer to metro, fog advisory from 2:00 a.m. to 9:00 a.m. to the blue ridge, valleys and the northern hills to north and frederick. chilly start to the day. keep it in mind for the morning. take the kids t

. >> following months of talks, the deal of the luxury company fores to buy kate spade $2.4 million -illion helping the company to cope with its sluggish demand. >> they came to the realization that if they are going to keep growing and it cannot at sales with coach, they will have to keep buying other companies. enter and cakes they. >> coach went into footwear recently and it was a head scratching because coach was always offer handbags, but kate spade has been into footwear for a wild. creates to continue to and grow market share. there are not a lot of cost synergies. the idea is to create a conglomerate, but on a much smaller scale. sinclair broadcasting has confirmed its deals to acquire forunal media for 12.4 -- $12 billion. >> the price may be a surprise were sinclair were hoping to buy in the highhing 30's per share. it is driven by competition and fairly late competition for this asset. fox and blackstone took a look at combining a potential -- took a look at potentially buying tribune. another did and that is company that push the price is higher. >> shares of akzonobel low

now we're getting deregulation in spades. just last week, the president presented two men to the regulatory commission, trump's already put in regulators who favor consolidation in television. he's cut wilbur ross as the ak secretary. and he wants to protect the entire steel industry by declaring it a national defense asset. but when it comes to actual legislation, like corporate tax reform, it seems like that's now taking a back seat to the comey/russia investigation. tax reform is so stalled we don't even hear anymore hang wringing about that possible border took, because the house has deep sixed the entire package. even steve -- the president would rather spend his time relitigating the election. major legislation simply does not pass without the white house ramming it through. chinese's indicate va-- all i c say is thank heavens for communist china. our republican controlled congress hates spending money. in fact, the biggest projects here in america our state highway systems, most notably, california and texas, they've g

talks, theynths of buy rival kate spade for $2.4 billion, helping the luxury brand cope with sluggishd. >> coach has had a successful turnaround of their own brand but i think they camtohe realization that there is not much more to go. so if they are going to keep growing and they can't add sales with coach itself, they will have to keep buying other companies. enter kate spade. >> what is interesting is that coach went into footwear recently and it was almost ahead scratcher because coach was always known for handbags. can they be continent three? >> that is the idea for them tom, to keep growing market share. there is not a lot of cost synergy between the two of them. maybe it can create a conglomerate or a mini conglomerate at a much smaller scale. >> sinclair broadcasting has confirmed its deal. this is not a big surprise. although, 21st century fox flirted with it in earlier reports. >> the price may be a surprise where sinclair thought they had theyen the bag and were hoping to buy it for somewhere in the high 30's per share. the final price ended up being 43.50 per share. that

a spade. >> the president did a robo call for gianforte for fulfilling the seat in montana. you know, do you think that he should say something? >> i think it proves to be true. everyone deserves their day in court. if he's convicted of a misdemeanor, it sets a really nice precedent. whether you're a teacher, an attorney, you would be fired if you harassed someone in this manner and were in a -- >> i think we need to see the president and vice president step up and unfortunately, we're not talking about the president here. never forget, donald trump has said these things. he's perpetuated this type of aggressive culture towards the press. he's said all of these things. so i'm not optimistic that they are going to step up and say anything. >> here's the difference. look, president trump apologized for those statements that were put out on video. he asked for forgiveness. by contrast, gianforte hasn't apologized. apparently he was supposed to be on tv at 2:00 p.m. be a man. like donald trump was. apologize to the american people. >> i want to say civility. this country is not

coach is acquiring kate spade. there are pockets around. it's very challenging.rivate equity, unfortunately, has lost a lot of money trying to buy businesses that have a near-term issue. this is more structural. >> we got some research this week, looking at the inning we're in, with regards to store closures, right? some argue that to shut down a quarter of retail space or repurpose it at last year's pace would take 30 years. are we look at a decade, at least, of store closures? >> i think it will take a long time. a decade ago, actually, we were talking about how the retailers compete with walmart's everyday low prices. today it's how do we compete with amazon? retailers are changing the strategy and will continue to do so. reducing the footprint is a really good way to go because it allows the companies to reinvest that money in e-commerce. again it's not only the e-commerce and reducing the footprint but rethinking the brand and also the merchandise. because you have to appeal to millennials, the largest group of the population right now. >> what's interesting

coach thinks kate spade will target the younger folks. their stock has already gone up more than 8% in premarket trading. >>> something goes wrong doing a takeoff in the central valley. how the pilot describes the moments before his plane crashed and burst into flames. >>> and then why some experts are recommending lum elementary stay open. >>> a live look from the sutro camera as the sun comes up this morning. morning. >> pretty the energy conscious whopeople among usle? say small actions can add up to something... humongous. a little thing here. a little thing there. starts to feel like a badge maybe millions can wear. who are all these caretakers, advocates too? turns out, it's californians it's me and it's you. don't stop now, it's easy to add to the routine. join energy upgrade california and do your thing. >>> if you are just joining us, this has been the story all morning. look how hazy it is outside. it's not the marine layer, but haze hanging in the air. let's talk about your commute planner. on the bay, hazy and light breeze, an

been an interested buyer for kate spade.tors are thinking that michael kors could be the potential buyer for kate spade. some reds here in the retail space. on for we keep our eye short. catch our coverage at the milliken global conference all day today. kerrye interviews with duffy of the cme group. -- group, and the dow chemical ceo. those conversations starting at 3:30 p.m. you don't want to miss any of these. this is bloomberg. ♪ vonnie: i want to break some headlines from bloomberg's oval office interview with president donald trump. the latest is that he's open to breaking up the big banks. more than that, he's actively considering breaking up big thanks -- banks. we will have more from that interview coming up. now, we have more fun at the milliken conference in beverly hills. earlier our reporter spoke with the ceo of wells fargo on president trump path trap -- tax plan. >> when i like about it is they are trying to appeal to a number of different constituencies. you look at the middle class, corporis, folks that can

coach has agreed to buy kate spade for $2.4 billion, tying together to top brands in the luxury goods sector. spade'sinted to kate millennial customer base as motivations for the deal. they may be seeking more acquisition soon. seen its tourism industry suffered during recent political upheaval. gapsector is plugging that medical tourism is growing with a particular industry at the head of that trend -- hair numbers could refuse the one destination for middle eastern clients looking to fill in their thinning hairline. the average operation costing 1200 euros. 60,000 patients came to turkey last year for hair implants. >> for that price, i will get to done -- two done. >> time for our press review. we can say hello to best you are --rting out with >> it did not affect the outcome. the new york times and washington post are talking about this massive leak of information that was revealed by macron's team a short while before the second round of votes. the editor say it appears ousting macron wasn't the goal of the leak. putin as if vladimir wanted to send able to message to western demo

coach -- kate spade. coach said that it will help them reach younger shoppers.now, that was a good game. alison: so exciting. robert: lopsided, but good. jonathan: we like lopsided. robert: the capitals completely shut down the penguins tonight. sports is next. ♪ ♪ award winning interface. g design. award winning engine. the volvo xc90. the most awarded luxury suv of the century. the volvo xc90. then you're a couple. think of all you'll share... like snoring. does your bed do that? the dual adjustability of a sleep number bed allows you each to choose the firmness and comfort you want. so every couple can get the best sleep ever. does your bed do that? $1200 on select final clearance beds during our spring clearance event. only at a sleep number store or sleepnumber.com. introducing the fios gigabit connection with download speeds up to 940 megs that are 20x faster and more powerful than most people have. incredibly, it's $79.99 a month for one year. comcast charges you $89.99 for a triple play that only offers 200 mgs speeds. switch to the most powerful interne

david spade will be helming the ship tomorrow. didn't break anything. "nightline" is next. but first, here with the title track to her new album "windy city," alison krauss! [ cheers and applause ] ♪ ♪ we came to you big city from our little country town ♪ ♪ and every step he takes with you is down ♪ ♪ and you're as cold and heartless as your chilling winds that blow ♪ ♪ before you freeze his heart please let him go ♪ ♪ windy city you're holding my baby with your bright lights and your avenues ♪ ♪ so wild ♪ windy city turn loose ♪ if you don't give him back i'll lose my mind ♪ ♪ ♪ ♪ at night i walk your sidewalks and look in every bar ♪ ♪ i love him even though he's gone too far ♪ ♪ your swinging doors stay open just to keep him from my side ♪ ♪ and i'm on your lonely ♪ windy city you're holding my baby with your bright lights and your avenues ♪ ♪ so wild ♪ windy city turn loose of my baby ♪ ♪ if you don't give him back i'll lose my mind ♪ ♪ if you don't give him back i'll lose my mind ♪ [ cheers and applause ] >>> this is "nightl

we were told that we called a spade a spade. radical islam. all the muslims would hate us.o, trump shows up there and they are all happy. >> juan: radical islamic terrorists -- >> kimberly: and he said drive them out. >> juan: he didn't use that language. guess what? he didn't talk about banning all muslims from coming into the country. >> kimberly: that wasn't the intention to begin with. it was to make sure we properly affect people coming from high-intensity areas and region regions. >> juan: if that's the case, we wouldn't have it into courts that have stopped it. it's a violation of our constitution. >> greg: every time you say we have a history of discrimination, you take the legs out of any progress. you we can do about this. you just laid the feet. >> juan: no, we don't. we have real steps to identify real terrorists and that's what we have been successful in stopping another 9/11. >> dana: some sunny examples of media bias. you won't believe this. i'm driving us out (avo) if their alzheimer's is getting worse, ask about once-a-day namzaric. namzaric is approved for

the ceo of coach says they hope the deal will help the company reach the younger crowd and the kate spade stock went up after the opening bell. the market trading calm right now following the presidential election in france which had a potential to upset the global markets but the dow is only down by five points. >>> stepping up the online shopping game, the retailer is overhauling the website and making it more streamlined and the company representatives for toys for us -- toys "r" us with online shoppers sing the changes coming up in july. >>> a new survey showing more people will honor mom with the gift this month then they give dad on his big day next month. the consumer experts say they plan on spending more money on mothers, relatives and friends that are mothers, and there is a difference in the cost of the gifts.>> in the northeast region they spend more on average, and on average the east coast spending $71 and the west coast will spend $75. >> there are two gifts at the top of the mother's wish list and the first is the mill out with family so she does not have to shopper cleanu

anthony anderson and david spade will round out the week.hile, nischelle turner is here, another star parent making a big announcement. janet jackson. >> absolutely, she's ae suming her world tour and she broke her silence about her divorce. janet hers confirmed her split with wissam al mana. >> yes, i separated from my husband. we're in court. the rest is in god's hands. >> source close to family tells us she'll be in court to flush out the dissolution of her marriage. speaking of touring, also something we learned from janet's new posting. it's back zmron. >> i'm so excited. i'm so excited. >> the tour now called state of the world will open in lafayette, louisiana. >> i can't wait to see you on stage, september 7th. ♪ >> janet also admitted to gaining some baby weight. >> i have put on quite a few. our source tells us that janet will begin rigorously dieting. she wants to look her best for herself and her fans. thank you so much. >> no, thank you for getting back on stage, janet. >> i'll be there. >>> up next, new trouble for batch lore c

they were crucial for fighting isis, to call a spade a spade in his words. do you think that the people in that region, this room he addressed of leaders are able to look beyond what he had said on the campaign and just chalk it up to him as a candidate versus him as a president? >> i think the people in that room can chalk it up. if you can't say those three words you do not deserve to lead the united states. president trump didn't say those three words today. what matters isn't the people in those rooms. >> they're the elitist. >> what does the average person, you know, believe? do they believe candidate trump or president trump? it's the average iraqis that are fighting and dying in mosul that matter. it's the various people fighting in syria. they matter. as a young man, a young muslim willing to go fight and die against isis in support of donald trump and do they believe this new rhetoric or not that to me is the broad question, it's about average people in the region. these rulers can laud him, it's the street that matters. >> i want to push forward to