stephanie:. they need to say that? erik: kind of. stephanie: sort of. erik: we will keep an eye on housing. we have already got a sense from a couple of reports this morning about housing. home depot looking great. walmart, not looking so great. stephanie: home depot it is a derivative of how the housing market is doing. the fact we are seeing them do well, last friday, i was impressed. erik: it has been a while since ken was pushing the buttons at home depot. stephanie: top stories, back to walmart. shares are down more than 2%. relatively flat sales in earnings per share and revenue that missed analyst estimates. olivia sterns has been looking at those numbers. many people said walmart is having a wage increase. olivia: they cut the earnings forecast for the year because they will be paying employees more. the earnings report was lousy of the top of the show. i am going to offer a contrarian view. it was a bit of a withhiff, but it is not that bad. currency fluctuations took three cents off the bottom line. if you add that back in it is actually a be

stephanie: i am stephanie ruhle. day two and we had an extraordinary run already. we will be speaking with the one and only jim cahanos. leon cooperman at 11:00 and john burbank at 11:30. you better sit down, strapping and don't go anywhere. erik: that is one heck of a lineup. let's start with a bulletin. stephanie: erik schatzker in vegas, a whole other level. erik: top business stories of the morning. alibaba has a new ceo, daniel zhang, they chief operating officer for the past two years. he helped turn the company's single date shopping day into the biggest revenue. he replaced jonathan who will remain as chairman. he spoke earlier to bloomberg about alibaba's strategy. daniel: we manage our business by creating value for long-term customers. by creating values for the disappearance -- for the participants, so we believe that the investors will like us as long as we continue our belief and continue creating value for customers. erik: will investors like alibaba more? the stock is up eight percent and alibaba reported 5% increase in quarterly revenue, beating an

stephanie: felt like forever.ou were able to structured debt anyway that you like them are able to put it in a column that says you never have to a to get your -- never have to pay to get your money back. erik: lots of people prefer to invest in u.s. stocks and pay as will attention to europe as they possibly can. how concerned should they be about ecb monetary policy and what we are seeing from the bank of japan? art: you have to think about the fact that these are two important trade partners and you have to hope that the stimulus works. stephanie: -- erik: is it inflating u.s. equity value? art: it is and the where you want to be the most careful is the bonds that are stocks. stephanie: what does that mean? art: like a utility, where the multiples are very high yields being low in a crowded place. a dividend darling that gets to be very dangerous. art: beware -- erik: beware of income stock trading? art: you could not get that yield anywhere else, but it has gotten very crowded. stephanie: art hogan of wunderli

stephanie: 2006.on the floor of the house set every american has the right to own a house? stephanie: barney frank. ken: you know what? erik: the president. ken: they scolded the banks. how dare you? redlining is not done by race. is done by economics -- it is done by economics. if you have an area with abject poverty, how can you loan people money when they cannot buy food. barney frank says you are an american -- a friend of mine -- erik: near blaming the credit bubble and barney frank. stephanie: there is an argument to be made. the banks are culpable, but they are not the only ones. barney frank says it is your birthright. it is not. ken: you just said it. there is enough going to go around for everybody. you cannot say bush -- erik: i did not say that. i said -- the point you were making is we can pin quantitative easing -- ken: i am not making that point at all. my point is more basic. they were all at the trough. dodd, all of them, hillary by virtue. erik: of the lots of people can get behind t

my colleague stephanie ruhle is standing by with a guest. stephanie, take it away.phanie: just leaving the stage. two ideas. walgreens. do you think they are doing barry: i think it is a transformed company. it is like night and day. stephanie: really? barry: yes. this company has a shareholder base that has really turned over. it has a former that is refreshed. old board members are leaving. new board members are coming on with direct, relevant experience. the whole management team has turned over. one of the great entrepreneurs of all time is running the company today. stephanie: the sort of vertical improvements, is that the right strategy, or should they be looking to acquire a rite aid? barry: like i think there are internal changes that should be made and are being made, a lot of cost coming out of the business. there is a lot of capital allocation decisions that are being made. they are more efficient, but then there are also strategic decisions that need to be made and the company is looking at alternatives. stephanie: are the store makeovers are enough? bar

i'm stephanie ruhle.e talking tv, a segment that my kids might actually watch. there is too much tv and too little time, filmmakers are popping out so many shows in exotic locations in hopes of creating the next big megahit. here to talk about the golden month tv glut is jerry's smunt.y right now, we are spending loads of money on big actors and exotic locations, and before a used to cost nothing. these companies -- these companies are trying to outdo themselves, and they are hiring big names like martin scorsese and woody allen, and these could cost as much as $3 million per episode. stephanie: but why did this change? just two years ago, if you were a television reporter, you were in the unemployment line. why did this switch? happened in about 2007 when amc created "mad men." all of the other cable networks and the broadcast networks and the netflixes and the amazon primes are trying to create that same kind of success. stephanie: there are 400 new shows out there. what is the one to watch? jerry: ther

stephanie:-- society.anie: at what point in your career did use that -- say that philanthropy would make a difference? one of the issues robin hood faces is the biggest dogs on the street give so much to robin hood, but they have a big gap under people who do not have tons of money. when did you really make a commitment? stephen: it is like a habit. if you watch her grandfather do things like that when you are a little boy you can start doing this, really, as soon as you graduate from school. at blackstone, we have many programs were people can be actively involved and also give money. one of our guys just hit me up for a bunch of matching money for some competition for leukemia. we have these things constantly and the amount of money people can give is geared toward what they can make. we do not pressure anybody. stephanie: does it disappoint you popular opinion still is at the financial institution, public enemy number one, and does not think about the social responsibility or all that you do? stephen: w

stephanie: i am stephanie ruhle.sday that feels a bit like a monday, including a big monday deal. charter agreeing to buy time warner cable pair we will have more on it ahead. erik: breaking news, the latest read on home prices. julie hyman is in the newsroom. julie: thank you so much. national home prices are up 4.1% year-over-year, march over march. the 20 largest cities in the u.s., that year-over-year number is up 5%. it is a pretty significant increase year on a month over month basis. we saw an increase of 9/10 -- of .9% in the broader national index on a month over month basis. we saw .8% increase. steady increases an interesting come -- commentary coming from the chairman of the index committee. he says you might be asking yourself at this point if it is a bubble. the only way you could be sure is to look back after it is over. he said it does not necessarily argue for a bubble because we are seeing a slowing of increases. he does point out home prices are rising more quickly than per capita income or wages,

i'm stephanie ruhle. erik: janet yellen yellen making her remarks while we are minutes away from the latest read on inflation. stephanie: across wall street alarms are sounding over liquidity in the bond markets. we are going to discuss whether these concerns are actually warranted. erik schatzker, good morning. as a mentioned earlier, it is a loyal day weekend, which means that no matter what you packing a suitcase this weekend, it won't be ready for the weather because it is always too cold this weekend. traffic no matter what time you leave is always went to be horrible. instead of having a a lot of disappointment in the next two days, enjoy the next two hours. erik: i'm doing a staycation. i'm avoiding all that. stephanie: i'm not. i'm wearing shorts freezing on the beach. i'm going to time when i leave. everyone is going to be crying and the traffic. i will have bloomberg.com to watch. erik: time for our top stories is one of his best begin with this. german chancellor angela merkel is standing out o

stephanie: exactly.p me understand who is clicking, what the actual action is. >> mobile is now the predominant way people are consuming the facebook news feed. on facebook we occupy about 20% of all mobile time in the united states, between facebook and instagram. what consumers do depends on the message that the advertiser is delivering. some click, some go to high right away and some are just consuming the video message that may tell the brand's story or may showcase a new film coming apart new automobile that is launching. there are different objectives that the advertisers think about and that dictates the kind of thing they put in the newsfeed. erik: when you pitch a prospective client on the power of the facebook mobile platform, what do you say? what is the value proposition? bachus through from start to finish when you go back to the client and say "see? it works." carolyn: the first thing i do is start with the consumer. marketers care about one thing, growth. they need to sell products and mov

one of stephanie's neighbors saw this person looking into stephanie's window. a police artist drew a sketch and released it to newspapers and local television stations. >> the phone calls began pouring in. because it was a high-profile case here at that time. numerous leads came in. >> but after tracking down hundreds of leads, only one appeared promising, a convicted sex offender who lived in the area. >> we were able to go out and make contact with this individual. it looked very promising early on, and got a dna sample. our hopes were really up at that point. and we got the call back from the state bureau of investigation that it was not a dna match. we were very disappointed. >> with nothing else to lose, investigators went back and reinterviewed the people in stephanie's neighborhood who claimed they saw the window peeper in the area. this time, one neighbor reported some new information. >> we actually had one that reported seeing this peeping tom walking a dog that appeared to be a large rottweiler type dog and that he saw him walking him from bridgeport

stephanie ruhle is standing by with bill ackman. stephanie: thank you, emily.is always great to have you here. i've got to start with a friend or foe of yours, carl icahn. carl is making comments talking about his view on activism and what it is doing to ceo's is. what do you think the value of activism is right now? bill: i think it is critically important. stephanie: what about the argument that corporate ceo's's are not making responsible decisions? bill: the kinds of changes and excellent activist proposes they are changes that fundamentally improve a business over many years. they are long-term changes. there are some shareholder activists that push for large leverage buybacks that have a short-term benefit that might be long-term detrimental. for the most part, most that i know, look at nelson phelps, the kinds of changes he is proposing, these are long-term business changes. look at howard hughes and the other companies we invest in. these are changes for a benefit over the long term. management should be able to ignore short-term -- short-term driven an

stephanie ruhle -- stephanie: it is john chambers.he winner gave us john chambers, who was trying to bring cisco back to its glory days of the late 90's. so many of these big tech companies, investors don't get a chance to get them to the next chapter. he is a positive force. he participated in march madness. he said whenever his team is down, he has duke basketball. they look for some positive energy. the internet of things, a lot of other people do. erik: it is hard to move a company that big that fast. stephanie: maybe he's the guy looking to buy salesforce. erik: john is very conservative about doing deals. stephanie: have a great weekend. see you monday. scarlet: bloomberg television is on the markets. it is the first day of may. bio techs and small caps are recovering thanks to scientists and inflated earnings reports. manufacturing held at the weakest place in almost two years. joining me is dan of equity investments. we are one day intimate and no sign of the old out it -- of the old adage. we are seeing the volume and the int

stephanie: i am a stephanie ruhle. we have a lot happening all day. department making an announcement about settlements totaling billions and billions of dollars. the banks involved, some of the biggest. citigroup, j.p. morgan chase barclays, rbs and ubs. we will get that an announcement at 10:00 a.m. on bloomberg tv. erik: still a developing story and needs our focus. >> ubs repairs to plead guilty with a fine of $342 million. this comes with four other banks that are ready to settle for $1 billion each for asset manipulation. airbag maker to got to agree -- airbag maker to conduct the grain to the largest recall in u.s. history. the recall will almost double. yahoo! down today. a rule change that might complicate alibaba, the move could affect the existing plan for a tax-free spinoff. >> saturday night live. i am colonel sanders. and i am back, america. stephanie: in other top stories right now, policymakers at the ecb says a gets tougher every single week. they are discussing today whether to tighten rules on greek banks account on the ecb as a lif

stephanie: and? erik: mmm. stephanie: you don't have to like it. teams who are seeing it are going to get the games and the lunchboxes and that is how bob iger gets it right. erik: the first "avengers" movie generated a billion and a half dollars in ticket prices globally. more headlines from the global resources a bloomberg news. and could be a sign that saudi arabia is frustrated over american policy over iran. the new saudi king will not attempt the summit at camp david in maryland. saudi arabia has a number of issues including the conflict with yemen which will keep thinking from participating. saudi arabia and other gulf states are concerned that the u.s. have become too accommodating over iran. greece and eurozone finance ministers are all meeting in brussels to the greek prime minister's under the gun to come up with a list of economic reforms. greece is running out of money. it's next trial comes tomorrow when they have to pay money to the imf. stephanie: i take over for one of the biggest real estate firms. tpg capital has agreed to by com

stephanie: welcome back to "market makers," i'm stephanie ruhle.in for erik schatzker. stephanie: the republican presidential field grows more crowded by the day. others jumped in the race yesterday, now it's former arkansas governor mike huckabee. mark halperin and john heilemann are entering our coverage. gentleman, take it away. >> with you in new york. mike huckabee someone who has become a force in republican politics over the last decade plus running for president. we have that today and hope arkansas. his announcement speech will be carried live here on bloomberg television, bloomberg politics.com. we expect them to come up in just a few moments. huckabee is someone who brings a lot of strength to this. why do you think he is doing what is traditional but has not been done by everybody -- a formal announcement in his home town in arkansas? >> he is battling the sense that he is not a fresh face and has to reenters himself to the party. he had that success in 2008, he's been on fox news, a radio personality, a book author. he kept himself in

stephanie: what is your goal?: we are looking forward to working with our landlord to make this restaurant shine like it did in 1959 and first open. stephanie: what are your renovation restrictions? it would be due for an upgrade. guest: you can change the air-conditioning and heating systems. everything else has got to say the same. stephanie: is a good thing or bad thing that it's a landmark? guest: the restaurant first opened in 1959. it is exactly the same. this is the only addition that was added on. we have this incredible chain which is exactly the same. stephanie: how long does it take to clean this? guest: we have no idea how much time or money. this is the grill room. stephanie: this is where the power elites set? my favorite seat is in that room. i used to really enjoy this. guest: this is one of the things that is no longer here. the landlord did not like it. we removed it. i believe that it really belongs in that space. stephanie: maybe it will be back. guest: i don't know about that. this is our wine

which of those four performed best stephanie:? stephanie: i'm going to say complement.ent. dan: this is a trick question. this is what happened. on that first day of the first shift, all methods worked better than nothing. they were all identical he better. this is what happened. on the second day, there was no bonus involved but things happened. the people who got money on the first date worked harder on the second day. they were worked hard and today there is more money. they went down and then they slowly went back to the control conditions. they lost about 5% of productivity giving people money. that is the thing they were doing it generally. your intuition was wrong. you created a bonus because you thought it would help, clearly it did not help and it hurt your performance. let us change the compensation for top management. maybe your intuition about that is wrong as well. what happened to the other rewards? the text message from the boss went up in the same way and down slowly. pizza was somewhere in the middle. pizza was more in the social realm, if it had been l

stephanie: welcome back -- i am stephanie ruhle.ve in las vegas from the salt conference talking to many of the worlds most intelligent, insightful, and powerful investors. stephanie: it remains some of the most exciting parts of the show are during the commercials. we are two hours into big u.s. trading day, markets in europe are closing. let's look at the numbers. scarlet: the stoxx 600, the broadest measure of european equities could not hold on to its early gains, dragged lower by a stronger euro, as well as bali government bonds -- falling government bonds. down 6/10 of 1%. the dax was all of the place, up by only a quarter of 1%. greece remains an overhang, the debt talks continue -- the asset stock exchange index rebounding from earlier losses. the german bund, 59 aces points when it comes to the euro, not only do you have disappointing numbers in the u.s. you also have a better than expected numbers for europe's service sector. we saw it climb over 113.50, the highest since late february. the theme for europe is consolidatio

stephanie: -- erik: stephanie, i cannot wait. i will see you in las vegas.oes it for "market makers." stay tuned to bloomberg television all afternoon. ♪ >> it is 56 minutes past the hour. i'm scarlet fu. we are midway through the u.s. trading day on this monday afternoon and the dow industrials are up by 68 points coming off of two days of triple digit point moves gaining four tenths of 1%. treasuries are currently rebounding from last week's selloff, the yield on the 10 year actually 2.1 3%. let me change that, treasuries a spending last week's selloff, that yield is moving higher. conference futures the theme all morning long under pressure the latest pmi showed a contraction in april coming right now it 291. joining me for the options insight is the derivatives strategist at m camp holding. the uk's on holiday, a lot of the markets last week ended with a holiday after friday. we had the big jobs report on friday. is the essential that it may go away, is that the theme for equity investors right now? collect as much as the people may be talking about sell

stephanie: alex, welcome.re a health care investor, but unlike most to focus on health care, you say you think the whole sector is a little expensive. alex: that is right. we are very value-oriented investors, sort of a boring investor. we think there's still opportunity out there in the health care market, but the median stock is on the it's big since side of what is written -- is kind of on the expensive side of what is reasonable. we are not predicting that the market will go up or down in any kind of timeframe. it is just that most stocks out there are at the high end of the reasonable valuation range. we look for things where there has been some change in valuation that is not recognized right the market are some disruption, that kind of thing. we will typically involved when people are unhappy with management or with capital allocation. that causes the stock to be a little bit of lower. stephanie: where you unhappy with arias? alex: we took a position more than a year ago initially. the stock cap falling

stephanie: good afternoon. i'm stephanie ruhle. mark: and i'm mark crumpton. let's start with a look at the markets this thursday. the markets have been down for the most part. down about 8.5 points right now, at 2115. and ap selloff in china deadline for greece to make a debt payment. the industrial average is down 75 points. down adaq composite little more than .3%. gold continues to trade in a narrow range on this thursday. --ht now, gold is trading nymex crude down about .8%. oil paring losses. crude stockpiles declined for a fourth week. stephanie: let's take a quick look at the bond market. very quiet. not much happening. not much happening in we did have some positive economic data today that made people feel more bullish about the economy. baby rates will move sooner than later. how about currencies? mark: look at euro-dollar. yen, 123.77. seeing a lot of green on the screen in the major currency markets on this thursday. stephanie: let's look at the top stories of this hour. it is the biggest acquisition ever in the tech world. -- $37 agreed to buy bi

stephanie: isn't that what under armour is doing?quisitions they have made, they have 130 million people in their digital ecosystem and one might say they leapfrogged you. mark: we are committed to this space. i feel good about our position right now. we have record numbers of new members of our digital community happening every week. that continues to grow. the apps continue to be developed. the relationships and partnerships with not just apple but others continue to be developed. i am very bullish. this is not just about tracking and sensing. this is about the complete experience that the consumer has with nike through many different aspects. stephanie: when i think about the nike community i think about your extraordinary premier athlete. does that continue to be the best way for mikey to bet? -- 492 bet? kevin durant, that is the athlete to get but that is a really risky bet that you will just that on athlete. mark: it is about the relationship we have with athletes. that relationship gives us the insight that drives innovation

you're going to be our last caller stephanie. what's your question? stephanie: thank you. i'm wondering what became of nabby's children and after she died very young? did they remain with the adams at peacefield? and thank you for taking my call. i've enjoyed the show. susan swain: thank you. edith gelles: they were adults when she died. the daughter caroline was married. i don't know she -- james taylor: caroline de windt. edith gelles: de windt. yes. james taylor: yes. yes. edith gelles: she was married at that time. and the son was also an adult. so there were no small children. , susan swain: our last video of abigail's death at peacefield. and if we -- all right, we don't have that. so we have very little bit of time left. so, in bringing this full circle, for people who have been introduced to abigail adams tonight, what's the important thing to know about her? what was her impact or influence on american history? edith gelles: she was influential and particularly as

stephanie ruhle spoke with carsten block today.y use the word brain damage, and i use the same phrase internally to describe how difficult it is to actually publicly short stocks. and the point that he made, you --w, that you do the work and i'm not passing judgment on herbalife. but you do all of this work and you have high conviction and you come out and speak to the market, and you get attacked left, right, and center. yes, that is brain damage. you have to have really thick skin to do this. stephanie: designing you are changing your tune? we saw you go along a few months ago. is going short the muddy waters wave of the future? we do oure way research is conducive to shortselling. we don't like to prognosticate on the future and what will happen at the company over the next year or few quarters. we are generally looking backwards at information on the company when it is released. and the question of whether this information should be richer -- should be interpreted differently than a market is the markets were long, that was pos

stephanie: quÉ tipo de cover vamos a ver? billy idol. >> esa no me sÉ! es de esa persona que te pida una canciÓn que no se saben. stephanie: entonces, como una persona baila cumbia? >> tienes que hacer asÍ y sacudir el esqueleto. sacar todas las chakras. ♪ ♪ ♪ stephanie: eso desde plaza de mariachi, regresamos con ustedes a los estudios. ramÓn: es muy probable que haya escuchado sobre las competencias de solfeo, donde hay expertos en la materia. al volver, le tendremos las imÁgenes de una competencia de solfeo pero para perros. millie: quiere saber quÉ condiciones nos espera para el fin de semana, les tengo todo el reporte completo al volver de la pausa. ♪ ♪ ♪ ramÓn: cÓmo estarÁn las temperaturas para las Últimas horas del mes de mayo? millie delgado nos llega con el pronÓstico extendido a continuaciÓn. millie: como siempre, es un placer estar con ustedes. quÉ dÍa tan maravilloso el de hoy! un dÍa agradable. lo que se registrÓ en nuestras diferentes ciudades, 64 para oakland. dos 68 para palo alto y 62 para san josÉ. como pod

stephanie: what is your biggest fear right now?m open-minded and looking at all the information. i am ready to change my mind at any second depending on the data. stephanie: does it become increasingly difficult because of liquidity in all markets?pierre: for now, i have the liquidity i want. the markets are the same liquidity or more than in previous years. stephanie: thank you for joining me. i know you've got more coming up in the conference. calm, london'so iconic black cabs are in danger of being run out of town on a number of driver recruits are in steep decline. you can guess who's behind this trend. ♪ olivia: what are the finance pros interested in today? here is what caught my eye. push inton uber london. they have their iconic lack tabs which have driven city goers around for a century but they are under threat uber because of. erik: i love the title. uber's blitz on london. olivia: we try for spicy titles. this is a huge issue because black cabs in london are a cultural institution. they call it the knowledge . study for

president obama was on the line when they answered. >> hi, stephanie?> yes. >> this is barack obama, your president. hi, patty. >> hi, yes. >> hey, this is barack obama. how are you? >> uh-uh. >> yeah, it is. >> no way. >> way. i decided on mother's day i should call up some letter writers' moms and say thank you for being great moms. >> you might be questioning first whether or not it's actually the president but then you think about it and just that voice and the style, it's got to be him. the three moms were from minnesota, arizona, and florida. their children had all written letters to the president during the year. he's turning that love back around. >> probably would surprise most people. >>> coming up next, san mateo back open for business just in time for the morning commute. we'll be live with the details. >>> and tornadoes touchdown across this south overnight, destroying neighborhoods and le leaving some stranded. >>> and live look outside right now. the san rafael s curve just a couple of cars out there. don't worry. things will certainly be

stephanie: probably.ted fitness, being part of our lifestyle, tracking these things. i am not saying these specific devices now will work, but the fact that you are competing again, i like it. >> i argue these devices do the same thing as self-help books. we read the books but do not do the same thing -- do not do what they tell. stephanie: brandon, you're not a hard-core athlete, but you are improving a bit. brendan: i cannot believe she said that. tom: good morning. "bloomberg surveillance." the top headlines. >> a deal it emerging in the drug sector. and her international agreeing to abide par pharmaceutical's. endo sees the takeover as a way to strengthen its this is in generics. target wants to freshen things up in its aisles. the company will be emphasized brand name products. they will look for fresh foods instead of canned and packaged foods. is horse racing history in the making? american fare has a shot at the triple crown. it has not been done in 37 years. he did not make that he did not mind t

stephanie: now you have said that on tv, on the record. five years from now, i will be playing it for you. >> it is a big push, i want you to replay it. it is a challenge to reflect the world in which we operate. if two thirds of the world's wealth is managed by women, they will not insist on it e-mail advisor, but they want a firm that has a good representation. stephanie: ruth left one of the most senior positions in the organization, could have been ceo. now that she is not in that seat, are you going to put a woman there so that one day we could possibly see a woman ceo? >> certainly within morgan stanley and hopefully more broadly across financial services, women are increasingly operating at higher and higher levels. james gorman, our chairman and ceo has this push. the push on women will create more opportunities to have those roles. stephanie: that is the president of morgan stanley wealth management. stephanie: i know we spent too much time, but erik set me up. mark: thank you. up next, good news on college cost. tuition fees cont

stephanie: without a doubt. alix: thank you so much.will check back with you later in this show. come out next, alibaba is saying the chinese slowdown could be a red flag third we will speak to a shareholder later in the hour on his position. ♪ alix: welcome back. billionaire oil tycoon things oil prices are headed higher. he is going for $75 per barrel by the end of this year and 90 by the end of 2016. speaking to bloomberg in las vegas today, he also had advice for exxon. >> the only way that exxon could increase their production back to a level they had before -- i would say pioneer would be a good acquisition for exxon. alix: shares of yelp up. according to people familiar, the company is working with investment bankers and has been in touch with buyers. the company were halted after -- with the report. 2015 shaping up to be a record-breaking year for murders and acquisition -- mergers and acquisitions are we already receive $1.5 trillion worth announced. a couple more megadeals 2015 could easily overtake 2007's record of 3.4 trilli

stephanie: volume.own with the one and only michael o'leary today on "market makers." you do not want to miss it. tom: we need something like that. poor people cannot go -- stephanie: it is the walmart model. brendan: also, you see the advertised price. stephanie: i played scrabble over memorial day weekend, and i do not think that word was in there. brendan: opacity. stephanie: if you're going from london to paris, you do not need big luggage. brendan: stick around, stephanie will be speaking to michael o'leary next on "market makers." ♪ tom: good tuesday morning everyone. "bloomberg surveillance." let's get to top tuesday headlines with vonnie quinn. vonnie: good morning. bucking the trend on puerto rico's on spirit goldman has quadrupled its stakes in little more than a year. it held about $1.3 billion worth. most of the biggest holders of puerto rico bonds have been cutting their stakes. and twitter has held off to buy -- for more than $1 billion. the talks started earlier this year. sources say the

flores. >> stephanie and joran leave the casino together, the last time anybody saw stephanie alivefth anniversary of natalee's disappearance, joran took stephanie flores back to his hotel room and murdered her. >> police believe the motive was robbery, torturing her to get the pin numbers for her atm she card. she is left just beaten up, half dead on the floor. >> stephanie flores' dead body was found three days later. >> joran is eventually captured. he's fled peru, gone into chile. he's extradited back to peru. before the trial kicks off, he pleads guilty. >> i travel to peru where i'm shown his handwritten confession. >> he alleges she found out about the natalee holloway case and his involvement in that. i hit her in the face right above her nose. i grabbed her by the neck with both hands and i strangled her for about one minute. so i took my shirt and i put it on her face and pressed hard to the point where i killed stephanie. he he suggests to the police that he would be willing to cooperate with aruban authorities to locate the body o of natalee. >> joran confessed to the mu

. >> stephanie's with him.room, she's never seen alive again. ♪ ♪ ♪ the ones with the guts to stand apart - join a league all their own. ♪ i lost my sight in afghanistan, but it doesn't hold me back. i go through periods where it's hard to sleep at night, and stay awake during the day. non-24 is a circadian rhythm disorder that affects up to 70% of people who are totally blind. talk to your doctor about your symptoms and learn more by calling 844-844-2424. or visit my24info.com. hey! let me help with that. oh, thank you! (music) introducing the one-and-only volkswagen golf sportwagen. the sportier utility vehicle. >>> >>> 22-year-old joran van der sloot continued to do what he loved best, gambling. >> at the casino, he meets flores. the the two become -- they get to know each other. >> on may 30th, 2010, a security camera at the atlantic city casino shows joran seated at a card table gambling and shaking hands with stephanie flores. >> stephanie and joran leave the casino together, the last time anybody saw ste

stephanie: las millones de jovencitas que siguen cada paso que tÚ das.dre estuvo en la cÁrcel, fue deportado, ¿cÓmo sobrepasarse todo esto desde pequeÑo? luis: algo muy difÍcil, llegÓ hasta el punto donde yo no querÍa ni exige porque estuve en una situaciÓn muy fea, estaba en depresiÓn, mi papÁ me dijo que no importa, tÚ siempre lleva a dios en ti. eso es lo que estoy haciendo, cuidando a mi familia como le prometÍ antes de que falleciera. ilia: asÍ concluimos esta ediciÓn, regresamos a las 11. ♪♪ fÉlix: hoy es martes 19 de mayo de 2015, estas son las noticias. bÚsqueda desesperada, en el salgar, luchan contra el lodo y los escombros. a diosdado cabello y otros funcionarios se les seÑala de vÍnculos con el narcotrÁfico. hillary clinton responde por primera vez. y yo viviera entrado la acciÓn para los padres

stephanie: estamos con la representaciÓn latina de pitch pefect 2.as bellas. anna kendrick que es tan talentosa. la voz de ella es pitch perfect. stephanie: de las actrices o comediantes que estÁn de moda, palestra inspiran? >> me encanta amy poler y tina fey, son tan cÓmicas. lo que veo que tienen igual estas mujeres, es que son productoras y escriben. tratan de hacer sus propios proyectos. stephanie: muchÍsimas gracias y que sigan los Éxitos: ♪ ♪ ♪ esta semana no se la pueden perder. >> tienen que ver pitch perfect 2. ilia: asÍ concluimos esta emisiÓn. gracias por su compaÑÍa y recuerden que noticias univisiÓn regresa a las 11. ahora sigue su noticiero nacional. marÍa elena: hoy es jueves 16 de mayo estos son los titulares segÚn versiones de prensa en mÉxico una prueba de adn demostrarÍa que la niÑa alondra dÍaz es hija de doroteo garcÍa. aumenta a ocho la cifra de muertos por descarrilamiento de tren en filadelfia mental investigaciÓn se concentra en el maquinista que iba al doble de la velocidad permitida. la petrolera estatal habrÍa gastado secr

i'm stephanie sy.he attorney general is launching a new probe into the baltimore police department looking into whether there is a pattern of discrimination in the force. attorney general loretta lynch made that announcement just a few minutes ago. >> this investigation will begin immediately and focus on allegations that baltimore police department officers used excessive force, including deadly force, conduct unlawful searches seizures and arrests. >> the probe follows a request from baltimore's mayor. freddie gray died from a spinal chord injury suffered while in police custody. >>> solid job gains last month, a big turn around from where we stood in march. patricia sabga is here with details. does this suggest a rebound? >> we have to wait and see what comes up but the economy cleared a major bar in april. 223,000 jobs were added. the march's jobs report was revised down this morning from 126,000 to 85,000. the unemployment rate ticked down to 5.4% and it ticked down for the right reasons, because

stephanie: how does that work? >> that is actually an active space of research, text or sing in big data analysis based on text. stephanie: so you could have parts looking for the words oil, boone pickens, bull. >> if we chose to cut three-putted loose that way, they would. stephanie: what is the biggest risk to your business right now? >> the biggest risk in some sense is what i have not thought of, right? throughlook at 2011 2013, correlation tended to be high and asset classes all moved together. that is an inherently unhealthy thing for us. were we to return to a post crisis environment like that, probably less help pull. broadly speaking, we run an extremely diversified port olio, we are careful about risk management, so we do not get too stressed out about that. all doie: do cta's basically the same thing even though you are running your own code? everyone was013, going in the same direction. >> hopefully we have demonstrated with our investors. if you look at the dispersion of returns over the last several y

(stephanie and daniel) no. no debt.ht a business in the tank here named daisy cakes. she had, for the year, $3,000 in sales. do you know she's been selling $100,000 worth of cakes a month? wow. that's awesome. but i made a deal with her that i was wondering, perhaps you might consider, because it gave me an opportunity to get the money back out, if you might pay me a f-- well, he'll call it a royalty. i'm calling it a return, a 5% return on what you sell, and if you'd be willing to do that, i was going to make the exact same offer the guy who knows nothing about baking just made, $75,000 for 40%, but let me tell you what i do know. i know distributorship. i know the baking business. i know the technology piece of the food business, and i know the marketing business. and she knows how to kiss butt and lie. (laughs) oh. you understand the difference between the shark and the sharkette's offer? this one comes with a 5% royalty on top of it. this one comes with everything needed to make your business a huge business quickly

did a remarkable job last night stephanie and incredible work certainly continues today. we know the injured are in very good hands in philadelphia's medical community. so again latest news from the scene tonight word from the ntsb, this train was traveling at 106 miles per hour, last night, and the brakes were applied, it slowed down to 102 miles an hour, that was its last recorded speed but that was also as it entered this curve here in port richmond where speed limit is 50 miles an hour. we know it then jumped track killing these seven people, injuring 200 more. we don't know if that is soul cause there could have been other factors but certainly guess cat speed of this train last night is going to be a focus of this investigation as it moves forward. >> chris ntsb was there where you are in port richmond on the scene giving their update not too long ago, about an hour ago and they mentioned some technology in place in other place's cross the the country that can slow trains down that was going too fast but it was not in place here is that correct. >> that is exactly r

i am stephanie ruhle.

. >> at the atlantic city casino joran meets stephany flores.eting natalee holloway back in aruba. the two become chummy. they get to know each other. they play poker. >> may 20th, 2010 a security camera shows joran seated at a car table gambling and shaking hands with 21-year-old business student stephany flores. >> stefanie and joran leave this casino together. it's the last time anybody saw stefanie alive again. >> on the ath anniversary of natalee's disappearance in aruba, joran took stephany flores to his hotel room and murdered her. >> police believe the motive is probably robbery. essentially torturing her trying to get the pin numbers from her atm cards toe could fuel his gambling addiction. >> she is left just beaten up, half dead on the floor. >> stephany flores' dead body was found three days later. >> joran is eventually captured. he has fled peru. he has gone into chile but he is extradited back to peru. there is a trial planned but before the trial kicks off he pleads guilty. >> i traveled to peru where grn reporter dan showed me j

stephanie: george bush heard -- bush. guest: who on the floor of the house said, every american has a right to own a house? barney frank. said they scolded the banks, how dare you. you know what redlining is? it is not done by race. it is done by economics. if you have an area where there is nothing but abject poverty, how can you loan people money and poor people can't even buy food? but barney frank said sorry, you are an american. erik: hang on. we are blaming the credit bubble on barney frank? stephanie: there's an argument to be made, yes. the banks are culpable, but they are not the only -- erik: a lot of people bear responsibility. guest: you just said it. there is enough blame to go around for everybody. you can't sit and say bush -- erik: i did not say that. the point that you were effectively making is that we can pen quantitative easing -- guest: i'm not making that point at all. my point is more basic. trough. are out the erik: i think lots of people can get behind the idea that american politics is a broken s

i'm stephanie sy.retary of state john kerry is in somalia on an unannounced trip. this is the first time that the top u.s. diplomat has ever visited somalia, this comes as the u.s. tries to help the country rebuild after two decades of war. they are trying to stop groups that could threaten north america. rosiland jordan is live for us in nairobi, rosiland were security concerns the reason this trip was not announced? and who has secretary kerry been meeting with? >> reporter: above everything else stephanie, security concerns are the reason why the trip of john kerry to somalia earlier on tuesday was not announced publicly until he was actually on the ground and it's no surprise somalia is still a very volatile environment. the government which has only been in place for three years is still struggling to get control of al-shabab which just in the past month or so launched a deadly tack on the university college northeast of nairobi here in kenya, so there is a lot of concern about the safety and well

that is where the mayor, stephanie rawlings-blake, is speaking. let's take a listen. >> i am so happy that they are ready to reopen. not every store is ready to reopen. the majority of the store and toured the mall the damage right after the incident on monday. and it is such a dramatic difference from where it was monday. i'm so grateful because it show shows the resiliency of the city. want to thank general growth and all of the vendors who are here you know, they want to stay here, they want to continue their investment. i think this was a smart investment because this say growing community. thanks to all who came together to support the mall. i've been coming here since i was a child, taking christmas pictures with santa. i think the easter bunny -- use can come up, general, if you want to come up. come on. you sure? and this is a great day to have the mall reopen. a wonderful day. i was proud to support the investments that i think it was the baltimore development corporation made into this animal do the major renovations and see it bounce ba

stephanie, you're a pro. you're the fixer. have your expertise, if we're getting harassing phone calls, where do we go to report them? >> if you're getting pesky collection calls, know your rights. if you don't want a debt collector to contact you anymore, send a written request. it won't make the mistake go away. it will stop those obnoxious calls. find out more at ftc.gov. >> stephanie, thank you. and i want to tell everybody, if you have problems you want the fixer to investigate, go to "good morning america" on yahoo! and tell us about it. stephanie, thanks again. >> thank you. >> great advice from our fixer. >>> and coming up on "good morning america," researchers revealing why men don't ask for directions. women have been wondering the answer to this question for decades, centuries? the answer is straight ahead in "pop news." >> a "pop news investigation." >> yep. ews investigation." >> yep. [ female announcer ] take skincare to the next level with roc® multi correxion® 5 in 1. proven to hydrate dryness illuminate dullne

mayor stephanie rawlings-blake withdrawing the curfew. take a listen. >> i think a lot of the unrest has been settled, settled down, in the sense of the protests. but that doesn't mean the work doesn't continue. we are actively engaging with the department of justice on collaborative review. we have been, since last year, in the process of improving our police department, reforming our police department, and putting in place things that will eliminate this type of incident from ever happening again. >> joining me now from baltimore, joy reid. good morning. or good afternoon. the hours have gone past me, and i can't count them at this moment. what's the reaction been to the message from the mayor? >> reporter: richard, in a word, relief. people believe the curfew should have been long over. i can recall last night, a couple nights ago, friday night, they weren't even protests. it was more like a party and rally going on at pennsylvania and north avenues. people didn't understand why that had to end at 10:00. of course, there was a fight th

stephanie ruhle was there and joins me now.ie: you know help them lead the charge, the man who cannot avoid a fight and also fights poverty, bill lachman. he walks up and gives a cool $25 million. -- bill ackman. he walks up and gives a cool $25 million. it broke a record with $101 million. in 2010, they brought in $87.8 million. there is no bigger organization than in robin hood. many are attracted to robin hood but in large part because of the way they invest, because of the way they give. there are so many organizations, you see that money go in and you never see it come back out. so the mindfulness of houston they are about the way they give, i do not think there is another group like it or it -- another group like it. recalling the day that when president obama called the winners -- called them winners of the lottery. last night, paul suter jones and company earned $100 million and they will be educating kids in new york tomorrow. pimm: tell us who else was there. i know you were there. set the scene. this is at the jacob