jordan belfort's story of milk and claims of the billions of dollars was made into the movie "the wolf of wall street." it has been working to transform himself into a motivational speaker, but does he grapple with regret? customer service, just a corridor away. i will introduce you to the robotic bellhop that is already transforming a hotel into a high-tech haven. fast casual dining. this is a category that has been dominating restaurant growth. we are going to meet to experts who want to transform your night out. first, let's get headlines from su keenan. >> we start with bank of america. shares gained more than 4%, the largest increase since may of 2013, this after the company agreed to pay $245 million on s&p allegations. and failed to disclose mortgage losses. that resolves part of the $16.65 billion -- home depot has named its next ceo. the home-improvement retailer says the new ceo will take over november 1. craig has overseen the company's online businesses. finally, old navy seems to be steering the gaia -- the sales shipped for cap. -- gap. that is the latest. >> the s&p 500 gained today on

george mason university and blogger and economy log i first asked him what he thought of the wolf of wall street in light of issues surrounding regulation and consumer protection here's his take. on what i was watching the movie i'm an economist i'm an economics professor and i was trying to figure out what would most economists say about this movie and i think one of the main things they would say is there's some kind of asymmetric information problem that explains why you can call somewhat up and tell the bunch of lies and get their money but when i'm writing about i say well it's not really a problem of information it's more a problem of lack of common sense if someone you've never heard of calls you up and says i have a great stock for you just give me your money and we're going to and you're to be rich it's not there you like use or you don't have much information but this is a case where the common sense says you i don't have a lot of information so i should just say no and deal with someone or some reputable. so we use be so that when i was watching the movie is trying to figure out so wh

the mystery of a missing mom. >> and leo took the world by storm as the wolf of wall street how it means big business for hair salonsot men filling the -- women filling the seats. why men are flocking to hairstylists for a big meeting. ♪ >> southern california strong thunderstorms have set off mudslides and fire scarred areas. the mud made many roads simply impassible. crews have been cleaning up all day long and still have whole lot of work in front of them. in san bernardino county at least one person has died. the mud swept his car off the road and into a rain creek. flash floods cut off access to two towns. >> fireworks show gets out of control in i was tam the show started off just fine, but then when one went off on the ground, it started a small grass fire. firefighters were on hand so they quickly put out the fire the show was going on. but then another firework malfunctioned flying straight into the crowd. another mishap exploded close to home and people april side. the fire department says 10 people wound up with minor injuries. >> a woman convict evidence first degree murder will represent herself in the

jordan belfort's story of milk and claims of the billions of dollars was made into the movie "the wolf of wall streetbeen working to transform himself into a motivational speaker, but does he grapple with regret?

industry experts say that the film, the wolf of wall street could be sending men to emulate the sharpoting style of jordan belford. and a viral video that is too cute and pretty darn clever, one mom has figured out how to stop a baby from crying. [ crying ] ♪ from tears to instant cheer excitement, this little cutie raises the roof when she hears her jam, perfectly on the beat, she bops and smiles and exudes joy, roughly 550,000 people have watched this on youtube, i think i watched it 550,000 times and katy perry loving this video so much, she tweeted last night while she was here in philadelphia, available for baby sitting, all she wants is $10 an hour and four oreos. you can watch the video on 6abc.com. i keep playing it over and over. >> that is how react when i hear that too. >> raising roof. >> autumn marisa is in for matt pellman in the traffic center. >> hi, that was awesome. this line of cars are trying to make their way to katy perry now and it's slow for them. they have an accident on the right hand shoulder around the walt whitman bridge, we'll keep an eye on this before t

. >> still so tree is leo dicaprio and wolf of wall street the the reason behind a new trend of men,urning to professionals, before big meetings, next. just by switching to progressive. so you'll be bringing home the bacon in no time. sorry. get a free quote at progressive.com. >>> we have a shore cast every day, starting off with a few clouds and, sun might be ring that battle through the day. surf temperature is up to 74 degrees but they will have to watch out for rip currents be careful swimming in the ocean because of the close proximity of tropical storm berta just off the shores of the bohamas right now and headed close to the east coast of our country but not a correct hit. all models say it will not make land fall at all. this is a different le pressure system helping with cloud cover around today. so showers are around but not right now, 73 degrees in philadelphia at the the moment. getting very muggy out there. it already was to start but now that the sunnies out it will be warm and humid today, hot and humid tomorrow with a high of 90 after a cold front comes through on we

. >> hair dress their talk to the daily mail say blown dry look for men in office has gained popularity since wolf of wall street which if you recall was actually setback in the 80's. >> it was. >> more men are going for jordan bellford looked which looks slicked down to me but who am i. the guys are stopping in the salon before a big meeting, for a date. >> i know men are in general paying more attention to their grooming like you hear about men getting manicured, pedicures, skying their hair. >> yes. >> i need a haircut and my hair dyed because i'm fully gray and i just got a manicure. it feels so good. >> yes. >> you get those little hangnail things and they hurt. >> do i need a haircut, thanks. >> do you get a pedicure. >> that is the best part about that is the foot massage. >> yes, with the hot stone. >> great. >> you never get a second chance to make a first impression which is why single people are spending a small fortune on first dates. >> my goodness, from the haircuts to the spray tans, you have manicures, pedicures, singles are spending about 150 bucks on average before they are even out the door. t

the summer 2014 thing, either. seeing of robert wolf talk reminds me of another bob, the former head of barclays, who said the time for apology and contrition is over, and that was years ago now. i think wall street few years of feeling like this, of being beat up, and they want to take some risk again. i am not sure they will be able to do that with regulation. >> what is the mood right now? i cannot get a handle on it. people say it is terrible, it is slow. is that true? >> i have the same problem because people insisted to me that they are bored and that the markets kind of stink and there is no excitement. on the other hand, these banks continue to make a lot of money, especially compared to other sectors of the economy, so hsbc, for example, it is doing ok. >> they are making a lot of money, but they are not necessarily growing. it is almost like a bond. >> i will say quickly i will they cannot make up for their profits equity, and that really bothers them. >> all right, our twitter question of the day -- is the market selloff over, or is this just a pause? please tweet us @bsurveillance. tom, scarlet, and i will be right back. ♪ >> good morning, everyone. "bloomberg surveillance." a weaker

the bed. >> that is horrible! >> like jordan in wolf of wall street which is uncharacter of them. d 2-0 lead. we are watching these gentlemen walk out. >> it is unbelievable. this is some of the worst editing jobs and tell you why later. roger, this tape last night. a first header. what happened is in there. >> when everton went ahead. naismith is translucent. what you cannot see and cannot guard. probably offside. everton went 2-0. you don't have the game tape. a little bit like portugal. like a character in a crazy song. heart breaking. >> it is. >> is it really the case that the video that we had from that match was of the part that didn't matter and the part that was really the dramatic exciting part? >> thank you, t.j. let's go to bigger news! other side of mercy side. you're going to have my liverpool playing man city. but there is really only one story line coming out of mercy side this week. >> go ahead. >> mario belatelli has come. perhaps a human being that rifles luis suarez and being absolutely horrible. the question is can liverpool tame his worse instinct? >> mario is

the government dropped down and wolf, if you went through the set of issues and the global issues right now and the president gets low grades and a very critical point of his presidency. >> the same wall street journal/nbc poll, we took a look at historic records and the low point for the president is at 40%. george w. bush back in april of '08, 27% job approval number and the low point for bill clinton in his first year as president, 41%. it went up significantly after that. everybody stand by. we'll take a quick break. we're waiting for the president of the united states. he's getting ready to make a statement over at the state department and then answer reporters' questions. he's just wrapping up a critically important summit with dozens of african leaders who have come to washington. we'll take a look at why africa is also a new focus for u.s. counterterrorism operations. >>> would you believe it? a billion stolen passwords. a security firm has uncovered the biggest cyber theft in history. uh, hi... i'm here to drop off my resume. password? i'm sorry, i'm just... what's the password? uh... synergy? uh, dedification... gamification? with alumni in every fortune 100 company university of p