john: thank you, steve wynn. next another man who worked his way to the top, helped make a company extra successful. the man responsible for these weird and lurid, sexual ads. >> what's more american than a cheeseburger? this cheeseburger loaded with a hot dog and potato chips in the hands of all american model samantha hoots in a hot tub, in a pickup truck, driven by an american bull rider, on an aircraft carrier, under the gaze of lady liberty as she admires the most american thick burger. john: the man in charge of carl's jr. is andy pufter, he took over the company was in debt, they were making hundreds of millions of dollars, now you employ 70,000 americans. what did you do that your predecessor didn't? >> hardy's was in trouble. the food wasn't good, the service was bad and the restaurants were dirty. john: were they stupid? lazy? what was going on? >> entrenched. my second memo as ceo was the next person that answers a question with something to the effect of because we've always done it that way, will be

steve when -- steve steve wynn. they like you. [laughter] you are self-made multi billionaire and how did you do that? i am told the town was seedy but you built hotels that were more appealing but i would think a lot of people had that idea. >> ideas are easy but doing it is difficult. john: what was difficult? i am not a billionaire. >> first of all, having the benefit of the fis has coeducation that i got to go to college. when my father died we were broke. >> he was in debt $350,000. >> but i had everything i needed to make of life for myself or real life not by twitter or facebook. o real life. not to a virtual was. [laughter] [applause] by all they cared to get on with it. get on with it. to hustle suitor later you get a break. i was interested to get started. john: you were a manager of a hotel. >> before that i was at the university of pennsylvania running being go --. [laughter] i had 60 employees and i was 16 years old. with my dad died that was the only thing that was left of the family business for cry was prepared to

steve when -- steve steve wynn. they like you. [laughter] you are self-made multi billionaire and how did you do that? i am told the town was seedy but you built hotels that were more appealing but i would think a lot of people had that idea. >> ideas are easy but doing it is difficult. john: what was difficult? i am not a billionaire. >> first of all, having the benefit of the fis has coeducation that i got to go to college. when my father died we were broke. >> he was in debt $350,000. >> but i had everything i needed to make of life for myself or real life not by twitter or facebook. o real life. not to a virtual was. [laughter] [applause] by all they cared to get on with it. get on with it. to hustle suitor later you get a break. i was interested to get started. john: you were a manager of a hotel. >> before that i was at the university of pennsylvania running being go --. [laughter] i had 60 employees and i was 16 years old. with my dad died that was the only thing that was left of the family business for cry was prepared to

the rules change. >> that's what steve wynn said about operating in china. >> yes, what do you do? how do you deal with a government like that. >> good point, what do you think? >> the commodity prices peaked in spring of 2011. >> that's when china started pulling the commodities. >> on the cover of the "new york times" a picture of a man with his kitchen full of cotton. this whole four-year period has been one of a correction, i believe the surprise is china is going to move in the opposite direction. >> looked like dog days of summer, whammo, what moved the markets today? start with the biggest winner, merck, surging over 6%. but get, this it was the biggest loser during the dow's epic two day sell-off. other big names in the green, apple, intel, nike, exxon and disney, and today's laggards, transocean, newmont mining, frontier communications and wynn resorts. so what does this all mean? we have mixed price action, not as much price swings as we saw on monday, which was really about the architecture of the market. let's start with merck, what do you make of that one bouncing back

understand the chinese tourist naturally more, because you are chinese versus sheldon adelson or steve wynnence: i think that is an advantage we would have as well. i was born in hong kong. spent time in hong kong and macau. at the same time was educated in north america. i get a good sense of the best of both worlds. the formation of melco crown 10 years ago was based on that belief. how do i marry the best of the east with the best of the west? betty: it is easy to see the asian touches when you walk around his companies. the dragons. the feng shui that he incorporates into the layout. lawrence: when we first started, it was gold and iron metal bars. it resembled the bamboo, but then feng shui came in and said no, no. it has to be real. betty: but adelson, who once called himself the richest jew in the world, says there is no monopoly on culture. sheldon: by vast majority, most of our employees are chinese. my chinese dealers and my chinese service people interact with chinese customers. what is the difference? betty: they would say they know the people. they are chinese. they know what t

you live in a world where a guy go to vegas and talks to -- this time steve wynn. do they go to the casino guys to find out how the country should be run? it's outrageous. mitt romney out there kissing his butt last time around, remember? adelson, the other casino guy. what is it about the gambling mecca that seems to attract the best thinking in the republican party these days? >> i don't know. >> it's crazy that it's happening. >> and all their bets right now are not very good. they seem to be betting on establishment candidates. i think the establishment is used to letting the base play and then imposing the candidate of their choosing. but who would know more about the average guy than a guy from a reality tv show? so trump sort of gets it more than they do. and i think the first of your scenarios is incidental. i think trump is a megalomaniac, i think he's convinced himself he can be president. and i think what he's telling the rnc is a threat. okay, i'll commit, but you better be nice to me. fox news better be nice to me. everybody better be nice to me. and i

and the very rich steve wynn once put his elbow through his own picasso. fixed up, it later sold for $155 million. and don't worry, this isn't coming out of the kid's pocket money. insurance will cover the damaged canvas. but not the wounded pride. nick watt, abc news, los angeles. >> he didn't drop the drink. [000:28:22;00]

and the very rich steve wynn once put his elbow through his own picasso.ed up, it later sold for $155 million. and don't worry, this isn't coming out of the kid's pocket money. insurance will cover the damaged canvas. but not the wounded pride. nick watt, abc news, los angeles. >> he didn't drop the drink. that's all for us tonight. have a good evening and thanks for watching. i'll see you tomorrow on "gma." wheel... of... fortune! ladies and gentlemen, here a are the stars of america's game -- pat sajak and vanna white! ah, one of our favoritweeks. it involves food, food, food! fabulous food. thank you, jim. see you late hi! good to see you all. get ready. [ cheers and applause ] it's money time. $1,000 for o our first "toss up" the category is "food & drink," appropriately enough. here we go. ♪ [ bell chimes ] mike. double layer lemon cake. no.

and the very rich steve wynn once put his elbow through his own picasso.ed up, it later sold for $155 million. and don't worry, this isn't coming out of the kid's pocket money. insurance will cover the damaged canvas. but not the wounded pride. nick watt, abc news, los angeles. >> he didn't drop the drink. that's all for us tonight. have a good evening and thanks for watching. i'll see you tomorrow on "gma." many wrinkle creams come with high hopes, but hope... doesn't work on wrinkles. clinically proven neutrogena® rapid wrinkle repair with the fastest retinol formula available, it works on fine lines and even deep wrinkles. you'll see younger looking skin in just one week. stop hoping for results, and start seeing them. rapid wrinkle repair... ...and for dark spots rapid tone repair. from neutrogena®. we figure you probably don't have time to wait on hold. that's why at xfinity we're hard at work, building new apps like this one that lets you choose a time for us to call you. so instead of waiting on hold, we'll call you when things are just as wonderful

and super rich steve wynn once put his elbow through his own picasso, fixed up and later sold for $155on. and don't worry, this isn't coming out of the kid's pocket money. insurance will cover the damaged canvas. but not the wounded pride. nick watt, abc news, los angeles. >> he didn't drop the drink. that's all for us tonight. have a good evening and thanks for watching. i'll see you tomorrow on "gma." >>. >>> tonight an arrest of an illegal immigrant in the kate steinle murder. >>> a three-year battle over police pensions is nearing an end. tonight, what will override a vote of the people in san jose. >>> a vision for oakland's dream of holding onto the raiders. tonight, how it could be paid for without risk to the city. >>> the casino money earmarked for a project that has hundreds of people furious tonight in sonoma county. >>> we begin with testimony against an undocumented immigrant charged in a san francisco murder ace that made national headlines. >>> the suspect is charged with the death of kate steinle and witnesses say he was easy to spot. vic lee is live with the story. vic

. >> steve wynn why choosing two howard you schultz steve wynn. >> stock charts are up successfulopposed to trump saying look, all blustering seriously if you want to talk like you are you've got all game play against real players real ceos created a lot of value. >> i think that is going to come out tonight sandra real issues substance, because you know megyn, bret, and chris, they are not going to just talk about polls, and -- sandra: you better believe they are crafting questions that are going to bring out fierce debate and conversation on that stage, there is no doubt, but i love the donald trump, you know, america is going to be watching tonight for a lot of reasons, but probably one of which is donald trump everybody his he is on top everybody wants to bring him down; right? so he during the course of this race could respondents idiots stupid light weights in campaign but said i am keeping it civil. >> called them losers light weights. >> exactly if attacked it is game on. >> you think he will be attacked, blake? >> yeah. definitely, i mean -- you know they are going to --

. >> reporter: you have a controversial law in massachusetts, steve wynn has something, when this startedcome you didn't want to build a casino in massachusetts? >> i'm doing so many other things. in steve, he's a friend of mine, that's where it's going. but some other people are competing, they are very good. i don't know what the final outcome was. >> in massachusetts? >> i don't know where it will be, potentially it could be. >> reporter: what do you want to say to them? >> i think the female voters because -- ivanka, my daughter, my wife, they feel so strongly about the women's health issues and they said to me, you know, there's nobody that feels more strongly than me, it's true. women's health issues. as you saw jeb bush was really almost against it, it was terrible where, he didn't want to fund women's health issues, and i will tell you, we will work together and we're going to take care of women. i cherish women. and my daughter and my wife said you have to talk about that because they know how i feel. ivanka will be part of the campaign so will milania after september, it will be

steve wynn resorts. watch nvidia and micron technologies. this data points by the way comes from goldman sachs. those two companies, more half the sales from china. when you start getting sales in china at lower value you want, that means they get translated into stronger u.s. dollar which artificially looks like it is shrinking, revenue there. >> right. >> we're hearing, watch this, from currency traders that china's currency could drop even further. >> it could. do you trust china? >> leaving it up to the markets. that's why. >> there you go, guys. steve, i want to go to you on this one, steve. if you look at a lot of big companies, it is not just corporate america in this country but also consumer goods. gas price, i have to say thank you, china, for lower gas prices. is that one good thing for the u.s. economy besides market selloff is one good takeaway. >> the one good takeaway is gasoline is cheaper. don't forget, net-net. we're saudi america right now. i think lower prices are negative rather than a positive even though you might be p

. >> do you have a controversial casino law here in massachusetts, steve wynn has something in the works. we're not sure exactly how this pans out. when this started, how come you didn't want to build a casino in massachusetts? >> well, i'm doing many other things. i know steve, is he is a friend of mine. i guess that's where it was going. some other people were also competing that were also very good. i don't know what the final outcome was. i'm not involved in it. >> is it good for massachusetts? >> gentdz how it works out but potentially it could be. >> you know voters who are potentially willing to support you what do you say to them? >> i you think the female voters because ivanka, my daughter, my wife, they feel so strongly about the women's health issues. and they said to me, you know, there is nobody that feels more strongly than me. it's true. women's health issues. as you saw jeb bush was really almost against it. it was terrible when he didn't want to fund women's health issues. i will tell you we will work together and we are going to take care of women. i cherish women. and

steve wynn has something in the works. when this started how come you didn't want to build a casino in massachusetts? >> i'm doing so many other things. steve is a friend of mine. i guess that's where it is going. but some other people are also competing. they're good. i don't know what the final outcome is. >> is it good for massachusetts? >> depends on how it all works out but potentially could be. >> female voters that are looking to potentially support you, what do you want to say to them? because there has been criticism about it? >> the female vote because ivanka, my daughter, my wife. they feel so strongly about the women's health issues, and they said to me, you know, there's nobody that feels more strongly than me. it's true. women's health issues. as you saw jeb bush was really almost against it. it was terrible. where he didn't want to fund women's health issues. and i will tell you, we will work together and we're going to take care of women. i cherish women. and my daughter and my wife said you have to talk abo