the next two weeks it's been running for sixty years since nineteen fifty five the texaco children's art competition has given young artists from six to eighteen a platform for their work. every year her some coffee making soap opera some of the cia submissions. or i didn't sign my life. once again. that yes my teacher. i started to encourage me to keep going. i do things like running. licensees in adjusting and i was in front of my genius idea. i got to practice doing the rounds. i say. the bike to us the accent that test. and i have ever seen i am he's here for almost thirty thousand submissions and twenty one were chosen as wendy's but just what are the judges looking for in a winning teams. the first thing again for the start of freshness in the approach of the young artists he added that the subject matter. sometimes it can have on the subject matter for an unusual technique. so i'm looking for something that marks the work being different from the other works something that's distinctive this year's overall winner is sixteen year old son i met donna frontier marsden canteen the

rockefeller's command of the market was shattered, competition from western oil, from refiners like gulf and texacod broken the standard monopoly. and the sherman act had ended the era of the big trusts. the market and the people had delivered the same message. free enterprise depended on competition for resources like oil and for consumers' dollars. monopoly power over production and prices couldn't be tolerated. economic analyst richard gill explains why monopolies like standard almost always result in low production, high prices, and high profits. the complaints against standard are based on the central economic critique of monopolies. they keep output too low, and their prices and profits are too high. when rockefeller went into the oil industry in the 1860s, it was competitive. thousands of competing firms, each of which was too small to affect the price of its product -- oil. they were price-takers, as economists called them. meaning that their price was set in the market by supply and demand. if the economy-wide demand curve for oil looked like this and the supply curve looked like this, the

nuclear power producer exxon buying texaco holdings for $4.2 billion treating the biggest mid-atlanticgas utility, shares of exxon for you you can see moving in different directions. the board has endorsed general electric's 7.one billion dollar cash energy access, ge has a slight lead over siemens which reportedly to conduct a one month view of general electric and siemens shares posted the upside. up next we have a smart one. stuart: a new apps, another one, this one is called netflix roulette. used and you don't have to scroll through other choices. that i get that right. >> a lot of options on netflix. find something you want to watch and spend an hour looking good all the time in the titles. you type in three fields. you watch a movie or tv show, to kind of rating, you pick 4 or 5 and then putting it either a key word, directors named or an actor. tells you what movies to watch. stuart: i like that idea. when you have unlimited choice you don't even know where to start. you need something that narrows the choice and this appears to do that. stuart: >> i spent an hour trying to fin

. >> in the 1980's he doubled his money on texaco.ts have been as busy -- few activists as been as busy. in an unprecedented move he is teaming up to buy the company. are wrong wayfar bet, but the trade may be turning his way after a plunge in herbalife shares this year. in 2002 he shorted mbia, saying that it did not deserve a aaa rating. the financial crisis proved him right, he made $1 billion for his clients. dan loeb rocked silicon valley by buying a five percent stake in yahoo!. pretty soon he and two allies were on the board and marissa mayer was bought in as ceo. less than one year later he sold his stake back, profit of 130%. nelson phelps likes consumer products. he has taken stakes in wendy's and the snack makers, but his biggest score came with snapple. he bought snapple for $300 million in 1997. three years later he sold for almost $1.5 billion. >> all right, we continue to deep dive. george,ing back bill harvard business professor, and john stravinsky, who runs the blackstone investment banking division. let's focus on t

. >> coming up, is weakness in the texaco dirt a sign of trouble ahead and? also to twitter?ead, has the tech bubble burst? tweet us. we want to know what you think. we will be right back. ♪ >> good morning, everyone. bloomberg "surveillance." the freedom tower. we say good morning to all of you after easter and pastor. housing data front and center in the next few days. -- buildingthe link which i took a sideways look at. every building looks different in new york. top news headlines. like south korea's president said the actions from the crew on the ferry that sunk last week murder."are like the sinking of the ferry left more than 300 dead or missing. still searching for them. than posted a wider forecast trade deficit last month. export growth the weakest in the year while imports jumped 18% in march. heard of the gain attributed to a spending spree some consumers before the tax increase as of april 1. rang upn america" another 26 million in sales over the weekend, taking the top spot. grossing 170now million in the u.s.. in second place with 22 million in sales. >> mornin

a lot happening today, before the bell, texaco -- we have already gone the numbers from morgan stanleyter than expected. what do you have for us? >> general motors may have found a way to save the audience of dollars over the ignition switched effect. a judge could find that they are not responsible for the defective ignition switch. i asked that this be put on hold until the judge rules. and more steps to revamp yahoo!. david philo is back, as well as charles schwab and formers walmarts ceo -- will be joining, that would give yahoo! eight order members. pay cut last32% year, and the stock doubled under her watch. she will make a $32 million. and disney is raising pay at the theme park by 25%. this would happen over two years and would raise the minimum wage to $10 per hour. officials say that they are pleased with this offer from disney. that is the latest company news. >> thank you so much. diplomats will meet in geneva, switzerland. ryan is there with more on the ukraine. let's start with united states. kerry, what does he hope to accomplish this weekend in geneva? >> you know, what

. << gorton texaco shares right now they're up 6% over closing share right now.t was found-acollector cars may help the growing air pollution problem in china. but the sports car sells there are raw hundred $15,000. the charges stations need this support these models. the issue might battery charging more than service in china by next year. << west while amnesty awareness this week the plan is still curch resonance to protect themselves from skills.mosquitos if you are i doors were mosquitoes are biting and i would encourage you to wear long sleeves and launchers. pant images don't have any standing water around your property. << they're doing the because of the current trend condition. there's not enough water flowing into the river to release the fish. << britain news ferrocene double plays an artist court. there's a building on fire the firemen were called about 20 minutes ago endicott and elderly people are in executive from the building right now and they accrue on the scene will bring more information. << three dissenters in ukraine. he tells political lead

four peso crisis led to better economic performance relative to other latin american countries in texacond finally to round out the segment we have the chairman of stock twits the twitter of finance mr howard lindzon giving us his two cents on whether or not we're seeing a repeat of the one nine hundred ninety nine tech bubble enjoy. us must remember must always remember the bottoms of papers or about some trader accounting that count is. one number taking out of another. is the difference the difference between. imports and exports green says of services and purchase of services you mentioned a number which is very pertinent to our conversation nineteen forty three was the last time greece had to go out of the council it was what was known before this was a time in. possibly the bleakest moment in greece history we were not. hundreds of thousands of people were dying of starvation every year and what we had was a situation where nobody could afford to import anything and we still exported the few apples to germany we actually had a few apples and oranges being taken by the german that s