the motto at the heart of walt disney. if you can dream it you can do it. r the 100 inspired teenagers across the country that's what the disney dreamers academy encourages them to do. disney, steve harvey, essence picked students to the tenth annual four-day retreat at walt disney resort in orlando. they participate in workshops from engineering to graphic design and medicine to learning to network. motivational speakers, celebrities at the top of their game like, cam newton, offered some sage advice. whatever you dedicate your life to you will get compensated. my compensation comes in happiness. >> reporter: the students are no slouches. take this 14-year-old. he published his first book last year. my mom taught me. >> william, williams thanked his bullies in his speech. >> for telling me that i was noth sowing that i could stand on this stage and know produce to you the greatest something that will ever be. so, thank you! bringing the dreamers to their feet. >> good morning, dreamers. >> yours to deliver the dreamers commencement speech. >> i cannot belie

on the earnings calendar today, walt disney reported its latest reports "after the bell." ny update on whether the cord cutting trend will continue, particularly at disney's espn unit. for the markets overall come up there, but there is across the board treat dow futureup 23 ints. you only see a gain of one plant for the s&p futures and to put an asset features in its new record high for them. that's a check of what is happening now. true to form a third says beware of too many in the market but we are not there just yet here it joining us now, aragon as president at titusville management. thanks for joining us. when we last spoke him a type that a possible correction over the summer. record highs for the s&p and nasdaq. for correction are you talking about? you said to die. what do you buy? >> we don't know whether it's 5%, 10% to 12%. the s&p on average has year-to-year decline of 14%. essentially markets tend to go up a little slower and they go down a lot faster. often times technically inks can have been. have been treated in a secular bear market inside a bull market.

paul: the good news for walt disney is they are diversified into three main businesses.he mediaking about networks but the parks and resorts side of the business is a very steady grower. high single digits, low double digits every single year. it is obviously a big part of the company. they just finished up a $5.5 billion investment in shanghai. disney opening a theme park in shanghai. that is a huge growth driver. vonnie: what about the concerns further out? if you look at the studios disney has come listen to this. they got "pirates of the caribbean" and "the last jedi." i will be fine. bob iger is stepping down for a little bit, so should we be worried? paul: i think long term, the story is much intact for them but they have to articulate they strategy about how want to go direct to the consumers with an espn app that is really high-powered and valuable just like hbo with it the own now. -- with hbo now. the big issue on the call was the succession plan for bob iger. one could argue that the only major mark against him in his tenure was the inability to really affect

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the recent film beauty and the beast will help lift the earnings of walt disney. been losing subscribers and money. the company will have to pacify investors with a plan to strengthen espn, whilst also finding a capable replacement to chief executive bob iger, who will be stepping down in 2019. the decline in newspaper advertising will certainly heard news corp's earnings, they own newspapers like the wall streetjournal, the dow jones newswires and book publisher harpercollins. as part of its digital push, the company has been cutting jobs, especially from its news division. joining us isjeremy cook, chief economist, world first. staying with the american team, the issue that was being raised there, a lot of corporate news? but also we heard from the fed? yes, trying to re—energise the communication coming out of there. it has gone quiet in the last couple of weeks. almost a 100% probability they will raise rates in june. it 100% probability they will raise rates injune. it is a case of whether they will come out and say, yes, we are going to do something in june.

walt disney c-e-o is not paying the money, and is working with police to track the hackers down. "pirates of the caribbean: dead men tell no tales," is scheduled for release may 26th. there is much more ahead, at the top of the hour on good morning washington. allegations of the president sharing classified information with russia - and a strong denial from the white house. the fallout - and new reaction overnight. plus - a safetrack shutdown. the five stations now closed and what you need to know to get around. and mercury rising. stormwatch seven getting you ready for summer-like heat.. good morning washington. toss to eileen - another beautiful day - heat & humidity return tomorrow - near record breaking highs tomorrow & thursday - timing out thunderstorm chances today: mostly sunny. warm, comfortable humidity. highs: 80-85 winds: sw 5 mph

a promise is a debt. 500 walt disney employees could be affected by the looming removal. can you talk about disney world in orlando coming out for the continuation of tps? >> yes. the ceos of disney world did come out over a week ago advocating for tps because they have over 500 employees who have been model employees. haitian immigrants, like most immigrants in this country, are hard-working people. they work to or three jobs and have strong work ethics. we are very encouraged by the decision of disney world to come out in support of temporary protected status. we hope that the chambers of commerce and other employers, some of whom are already laying off people, they will heed the call of disney world to keep these people employed and put pressure on the trump tpsnistration to renew sooner than later. employers are getting my not bee people are being fired right now. amy: but disney and the union that represents many of the company's workers calling for extending the temporary protected status. this is walt disney company in a statement saying -- "given the current situa

walt disney made it for adults and children. had to get out and sell his idea to investors. >> now we want you to share with us our latest and greatest dream. now on the site of 240 acres near the city of anaheim, we've begun to build disneyland, the place. >> now an item that helped bring disney to life is going up for auction. the original concept art for the park itself. 3 1/2 feet tall by 5 1/2 feet wide, the ink and pencil drawing was put together by an artist and disney himself during a marathon brainstorming weekend back in 1953. the original drawing doesn't look that much different from the park today. it includes a main street saw, fantasyland, and tomorrowland. it was in the hands of employee after walt disney gifted it to him in 1955. >> said, what are you going to do with the map? can i have it. and he turned and gave it to me. >> now it can be yours if you have a bank account the size of the matterhorn. >> which i do not. the map could fetch up to $1 million. we want to thank the gallery in sherman oaks for sharing t

reporter: we do have bob iger, chairman and president of the walt disney company.k to bloomberg. good to have you here. >> thank you. reporter: you got your earnings out. thati took away from it is you exceeded the expectations with respect to profitability earnings-per-share. while a little short of what's expected on revenue. let's start with where you really had to beat on the earnings. it looks like a story of the parks and studious. >> it is the story from where i said -- sit from the quarter we just announced. 21%.of those units were up parks and resorts up 20%, studios of 21%. continued trend in the marketplace that is positive. certainly, tourism and visitation to the parks across the globe, and a product of the marketplace that is working. on the studio front, it is the result of years that are smart investments, like acquisitions fantasticlm, and first-rate team across the board. reporter: on the theme park subject, houston said is the business to consumer spending? this in a little softness in the last week or two. >> clearly, healthy consumer is good fo

shares in walt disney falling nearly 2% after its revenues missed market expectations, coming in slightlysney's boss says there has been significant growth in subscribers to digital services, but not enough to make upfor digital services, but not enough to make up for losses. bitcoin surged above $1700 for the first time ever. in the last 24 hours alone its market cap has risen by more than $1 billion, according to an industry website. but in india, where there have been complaints that virtual currencies are being used for money—laundering, the government has been pressured into figuring out how to manage them. will regulation help? our correspondent spoke to michelle gupta, part of a foundation to monitor transparency in india's market. the bitcoin market has been growing at 100% per annum. it is a million—dollar company within the foundation. in india, the growth has been phenomenal. and i think there isa been phenomenal. and i think there is a lot of attention within the media in the country and it has led to the government paying attention to the government paying attention to it. bu

walt disney ceo says hackers stole unreleased disney movie and threatening to release online unless paid. he didn't say which but they are saying it's deadmen tell know tales. it was set to hit may 26. >> game of thrones author says a fifth spin-off is in works with hbo and says they'll be prequells instead of sequels. this story for you. general mills will giveaway 10,000 boxes of marshmallow only lucky charms. they are not releasing boxs in stores. instead. especially marked boxes of regular lucky charms will hit stores across united states and each box contains special 14 dimmingit code. customers have to go to a web site and see if they very the number to win a box full of marshmallows. >> are they magically delicious. >> think of all the time you save not picking out marshmallows only you have a bowl of deliciousness right there. >> thanks, holly. >> 4:4 1st time. coming up. supreme court rejecting a controversial voter id law. >> if you live in potomac you may want to get yourself ready for quite a few secret service tooingts number your community. >> across the d.c. region 4:41, 5

awakening beauty opens tomorrow at the walt disney family museum.ke a lot of fun. >> absolutely. all right. well, it's going to be good weather to get out and do anything really >> hotter weather. spencer christian is here now. >> tonight warm weather, there will be music in the air at levi stadium, many more than music. u2 concert, joshua tree tour and the weather will be terrific. in the early evening hours temperatures will be in the 60s after 9:00 or so drop into the upper 50s. so, i think it's great weather. perhaps you, too, will agree. on we go. maybe not. here is a look at live doppler 7. we have sunny skies across the bay area right now in this sunny pattern will continue on onto the weekend and perhaps beyond. this is the view from sutro tower looking northward toward the golden gate. these are forecast futures. the warming trend will start revving up tomorrow. summer like heat will be with us this weekend but a cooler pattern will settle in early next week. right now we're looking at temperatures ranging from upper 50s at the coast to mai

. >> they first co-hosted the walt disney christmas parade. seacrest filled on the show five times with kelly. far less than other front-runners. jerry o'connell co-hosted the most with 18 times. what sealed the deal for ryan? producers were impressed with his performance co-hosting live's oscars show in l.a. seacrest who co-hosts a syndicated radio show will relocate to new york. >> at the end of the week i'll fly back to l.a. and do the show. i'll fly back to los angeles and work from there and i have a studio an iheart show in the building and immediately after live. >> chris pratt delivered roses to the new team. >> what better way to celebrate this epic moment than to, you know, deliver the flowers that your p.a. handed me. >> have you hazed ryan yet? >> no, i'm waiting for winter for that. >> our live source also tells us the staff is relieved the search is over. >> what ever it took to get to this place was worth it. >> ryan is going to be so great in that job. >> it slows down his day a little bit, which i like >>> the wait is over for

. >> the latest attraction at walt disney world resort in florida opens this weekend, we offer a sneak pandora, world of avatar. it was inspired by avatar. the new park offers a first person 3d ride avatar flight of passage a gentler ride called the navi river journey. you can hike amid the floating mountains of pandora, disney is the parent company of 6abc. >>> she is the inspiration for the goldbergs, the real beverly goldberg was in bluebell to host ladies night at the synagogue. after a cocktail hour and dinner, goldberg took questions and shared stories. watch the goldbergs on 6abc. >> it's a funny show. new overnight a break-in at a private high school in philadelphia who was seen running from police. >>> a montana republican is facing charges that he body slammed a reporter from to the ground. the question that started the confrontation. those stories and more when "action news" continues. >>> new on "action news" a break-in at a prestigious high school. >> a robber refuses to surrender to police. >>> the rain returns, accuweather is tracking the wet weather and if it

he was a background painter when he caught the eye of walt disney, and he was selected as the lead stylist, and he based his art for sleeping beauty on persian and japanese works. >> he ae long gated characters and really embellished landscapes with patterns. >> the retrospect includes more than 250 works of art, and awakening beauty runs through january. >> fascinating. >>> fighting cancer is expensi e expensive. the one conversation you may have to force your doctor to have with you. >>> they rule the skies once, and now can you know what it was like. get a sneak peek. >>> and then a home run ball smashes this guy's phone. the oakland a's have him covered, though. now for today's tech bytes. >> users have access to google's assistant, and that means it will go head to head against siri. siri is easier google could offer more suggestions. >> and now getting big macs and >> and now getting big macs and fries >>> it's difficult to believe but most doctors don't discuss costs with their patients, and if it topic came up it was short, less than two minutes. the reason for this, doctors don't

if the movie would be released, it could be costly for walt disney. >> they can be set to slash thousands of jobs there, what do you think? >> it is not confirmed from the company yet. ford might be cutting 10% of the global workforce. they announced they will create blue-collar jobs in the u.s.. mostly in their electric car segment. one thing is for certain, -- not the stock has been cut in half. there's a lot of pressure from investors to cut costs. >> giving with one hand and taking with another. >> think you. we go over to british budget airlines easyjet. the company reported a loss. the firm says a lower pound and sharply falling ticket prices are too blame. recent studies suggest revenue from tickets may drop further. >> these images from chaos prove that the gloss has come off and travel in the last few years. here in europe, it is becoming cheaper and cheaper to travel in just about anywhere you want. that is because discount airlines are flooding the market and driving down prices. last year, the average price of a one-way ticket was between 64 and 107 euros. this year, increasin

walt disney's original concept art for disney land is up for auction.d drawn map from 1953 showing many of disney's ideas for the park that would open two years later. he used the ink and pencil sketch to show potential investors his vision for a disney park. imagine getting in on that. auctioneers expect the map to sell for as much as a million dollars when it goes on the block next month in los angeles. disney as you know is the parent company of abc7. >> here's proof canadian scientists have seen the movie ghost busters too many time. they unearthed this dig in montana. when it came to naming it the choice to them was obvious, zool after the horned demon dog from the ghost busters. its full name is, yes, okay, zo olc revatatur. >> i think you did better than i did. 75 million year old species of armored dine sew armored dinosaur. they estimate it was 6500 pounds. >> you won't like it when he's angry. this is cuteness. on exhibit at the oakland zoo, abc7 news was there, showed off her otter pupz just in time for mothers day. two boys and a girl born i

host: when walt disney bases a movie on a true story, it's guaranteed to be a rather extraordinary talelike that of the first jamaican bobsled team, which qualified for the winter olympics in calgary. or the moving portrayal of a girl from a ugandan slum, where daily life is all about survival. reporter: dreams don't often come true in a place like this. here in the heart of katwe -- a sprawling slum in the ugandan capital kampala -- the som chess academy teaches children how to play the game. some are so poor, they don't go to school because their parents can't afford exercise books or pencils. phiona was one of them. [film clip] >> what is your name? >> phiona. reporter: the nine-year-old was poorer and dirtier than the others. when teased, she fought back. an unusual, courageous girl. [film clip] >> hey, a fighter. welcome. this is a place for fighters. ms. mutesi: i was so hungry, so i just followed my brother to the chess program to get a meal. i didn't have any idea, any picture, of chess, how it looks like. it was my first time to see it. so, it looked strange for me. i just want

pirates targeted walt disney. the head of the company says hackers are threatening to release an upcoming movie online unless disney pays a ransom. disney not doing it. two big movies due out this summer, pirates of the car bee and and cars three, no word move canie could be affected. >> speaking of the situate kaid as, i'm getting a lot of pictures of people seeing them in virginia. we think this is brewed six. the big one came out in 2004. they won't hurt you, just in case you see them. they're just nasty and crunchy. they fly right in front of you. >> they're really good bird food. the squirrels will be enormous. i'm going to do a facebook post in a little bit. this is great situate kaid a weather. >> it's people weather. >> everyone is budsing, then. we all love it. today's temperatures into the upper 730s and low 80s, absolutely dlitful, but it is about to get hot up in here. it's going to be considerably warmer tomorrow. we want you to be ready for that evening and check out our high temperatures. reagan 71 r

. >> the marvel comic book brought to the movies by marvel, owned by our parent company walt disney.e is peter quill. >> any lack of name recognition. >> one other name you may know me by. star lord. >> who? >> star lord, man. legendary outlaw. >> forget it. >> volume one was a smash. cost $170 million to make. raked in $775 million, the global box office and scored 90 plus rating. they call themselves the guardians of the galaxy. a bunch of a-holes. >> made such a star out of chris pratt he landed a star on the hollywood walk of fame. all on social media thanks to his wife, and he has a massive following for his snack critiques. >> what's my snack? >> on instagram. a lot of people ask me what i had to give up to maintain this level of physical fitness. turns out my personality. >> talk of a volume 3, but yet to be confirm. >> can't say who is back for the third one? >> kevin bacon. >> kevin bacon, you are making that up? >>o. >> i've become a fan boy. not a super hero movie guy. doesn't matter. you didn't have to beep for this. >> transcends a genre, very complete, even film. i real

. >>> walt disney's original concept for disneyland is going up for auction, and it can be yours if the price is right. it shows many of disney's ideas for the park that would open two years later. he used the sketch to show investors for the park he wanted to call disneyland. auctioners expect the map to go for as much as 1 million bucks. my birthday is in september, natasha, so if you -- >> i need to save my pennies now. >> it's a quite large amoumap, it's worth the money. >>> and then the dmv crackdown on the abuse of placards, and what he wants to force the department to do. >>> and exercise could keep you healthy and admiring yourself in the mirror. >>> and a dozen sharks off the coast of california. >>> the lawsuit against online real estate site zillow. the tool which estimates how much the profit is worth, and she wants zillow to remove or modify the assessment of her property. >> and then losing $2 billion between january and march and that's twice as much money as the company lost last year. >> user growth is slowing as it competes with users with video features on facebook. >

. >> plus, something new and maybe cool at walt disney world in florida. you be the judge.t should make it a little easier for you to get around. we're talking about the park is testing a fleet of driverless shuttles. we're back in just 30 seconds. z2cpsz zi0z y2cpsy yi0y >> new this morning a 14 year veteran rust detroit police department fighting for his life after he was shot in the head respond to go to a domestic violence call. the suspect opened fire on offers as they arrived. he was killed during the exchange of gunfire. the officer who was shot is out of surgery but still in serious condition this morning. >> police in virginia beach had their hands full over the weekend. the warm weather brought big crowds out to the annual college beach weekend and didn't take long for violence to break out. four people were injured in a shooting on saturday night. one person was stabbed. all the injuries thankfully nonlife-threatening. thousands in the local community have filed a petition to end college beach weekend. >> overseas now an american supply ship in the western pacifi

. >> and a new attraction is opening at walt disney world and a sneak peek inside of the pandora world of avatar. memorial day is coming. if you have medicare parts a and b and want more coverage, guess what? you could apply for a medicare supplement insurance plan whenever you want. no enrollment window. no waiting to apply. that means now may be a great time to shop for an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. medicare doesn't cover everything. and like all standardized medicare supplement insurance plans, these help cover some of what medicare doesn't pay. so don't wait. call now to request your free decision guide. it could help you find the aarp medicare supplement plan that works for you. these types of plans have no networks, so you get to choose any doctor who accepts medicare patients. rates are competitive, and they're the only plans of their kind endorsed by aarp. remember - these plans let you apply all year round. so call today. because now's the perfect time to learn more. go long. >>> voters in mont monhead to the holes o

manus: we have more results from walt disney.failed to ease investor concern about the cablevision as espnrofits slumped continue to lose subscribers. bob iger onke to tuesday after the company reported second-quarter earnings . >> this was a particularly important project for me. it for 17 years and i'm extremely proud of what our team ultimately designed and created. i'm proud of how it's been operated over the first year and proud of how that chinese people and taken to it. we are probably just a few days away from hitting 10 million in attendance. it had been her target to hit that in the first year. we are running ahead of where we had hoped we would be. attendancehirds of is from outside the shanghai area. that's very interesting because it suggests this is a national destination, which we did not really expect. we thought two thirds of attendants would be from within the shanghai region. it's very encouraging. we have a piece of land that's very large in terms of not only the size but the ability to building out, and a wil

tesla, netflix, or even walt disney have been the subject of speculation.e could even buy entertainment icon with cash, which would shock the media and tech world. >> if there is a deal out there that would strike fear in the hearts of silicon valley and hollywood, this is it. reporter: it would also be on a scale apple has not yet attempted. its last purchase was of the audio brand, beats, four $3 billion -- for $3 billion. host: how are investors reacting to this news? guest: shares of several apple suppliers in europe have dropped following the news, following the announcement of the surprise drop in iphone sales. overall european markets are trading in negative territory with shares slipping from the 20 month highs in the previous session. saw --bank perry of a profit saw a 4% rise in in the first quarter. the latest data shows growth in the euro zone has remained resilient despite concerns over brexit and france's presence election. the official eurozone agency says gdp growth in the area hit a .5% in the first quarter of this year -- 0.5% in the first

>>> walt disney's vision of the hand right will be up for auction.w it in 1953 as they rushed to get funding to build disneyland. >>> well, the mormon church moves away from the boy scouts and the new push to prosecute for the deadly amtrak crash. >>> the cincinnati inquirer reports that security of a boy being attacked in a school bathroom will be made public. the 8-year-old hanged himself just after the attack last january. his family claims the school staffers reacted too slowly. >> if the school had told mom that your son was assaulted, your son had lost consciousness for over seven minutes, she would have immediately had him taken to the hospital and had him examined. >> school officials said the mother was advised to hospitalize the boy. the coroner is reopening the >>> "the philadelphia inquirer" says they want criminal charges filed against the squlooer in the 2015 amtrak derailment. the district attorney had decided this week not to charge brandon bostian. they say the state should take over the case to avoid a conflict of interest. >>> risi

the walt disney company says someone claims to have access to a disney movie that threatens to release it unless the studio pays a ransom in bitcoins. disney did not specifically name the movie but according to several reports, it's the latest pirates movie due to open next week. the company says it's working with federal investigators and is refusing to pay the ransom. the hack is not believed to be related to the recent ransomware attack that is spreading around the world. >>> hillary clinton is officially returning to politics. the former democratic residential candidate sent an email to supporters yesterday urging them to sign up for her new venture called, on were together. clinton said her goal is to advance the progressive vision that earned nearly 66 million votes last election. the nonprofit will support groups that encourage women to organize and run for office. >>> taking the lead in clean energy. next, the major announcement the mayor of san jose plans to make today. >>> deciding on the death penalty. the sentencing phase of sierra lamar's convicted killer begins today. nex

. >>> the walt disney company is standing tough after being targeted by hackers. packers claim they have the new "pirates of the caribbean" movie for ran son threatening to release it for segments if disney doesn't pay a huge ran son in bitcoin. company officials won't pay, a ransom. this comes as countries are recovering from a massive hack attack. kpix 5's melissa caen on the bay area company trying to track down who is responsible for this massive global hack. melissa. >> reporter: yeah, around the world, hundreds of thousands of computers have been hacked by that "wannacry" virus. i sat down with the ceo of the bay area security firm called symantec and he told me that there are signs that north korea is behind the attack. >> reporter: right on the heels of a ballistic missile test north korea may have deployed a different kind of bomb. a computer virus called "wannacry." symantec's ceo gregory clark. >> sometimes it's a email where someone says hey i have mailed you an encrypted spreadsheet type in the password. you type the password in, press run, and the co

julia has the results from walt disney, julia?le ] nine cents better than wall street analysts expected. up from a a 1.30 year ago quarter. revenue lighter than expected at 13.3 billion versus estimates of 13.45 billion. what's driving the quarter in the release here? they are saying it was driven by the strong performance of the studio and parks and resorts. media networks, of course, includes espn, saw a 3% rise, but that was largely -- 3% rise in revenue and 3% decline in operating income. broadcasting faired better than cable networks did. cable networks, of course, including espn, saw 3% increase in revenue, but slightly lower than expected $4 billion while cable networks operating income declined 3% to 1.79 billion. on the other hand, parks and resorts grew revenue 9% to a better than expected 4.3 billion dollars, and parks and resorts operating income increased a better than expected 20%. studio entertainment outperformed, of course, beauty and the beast was in the first quarter. studio entertainment operating income up 21%

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walt disney's ceo bob iger says hackers are demanding a huge ransom paid in bitcoin. idn't say which movie was hacked, according to sources. disney will not pay the ransom. iger said the hackers are threatening to release the film in increments if their demands are not met. anne-marie? >> sounds like the plot of another movie. jill wagner, thank you so much. >>> still ahead, a refugee surge. we'll take you to canada where asylum seekers are rushing the border and filling shelters. to severe plaque psoriasis, isn't it time to let the real you shine through? introducing otezla, apremilast. otezla is not an injection or a cream. it's a pill that treats plaque psoriasis differently. some people who took otezla saw 75% clearer skin after 4 months. and otezla's prescribing information has no requirement for routine lab monitoring. don't take otezla if you are allergic to any of its ingredients. otezla may increase the risk of depression. tell your doctor if you have a history of depression or suicidal thoughts, or if these feelings develop. some people taking otezla reported

david: it is a big day in the media because walt disney.r earnings after the bell today. we will look closely, investors will be, at espn. people are concerned about the loss of subscribers. to explain whether they should be, we have paul sweeney. take me into the espn story because they have lost something north of 10% over some years now. is that trailing off? is it losing subscribers at that rate will be learned something today? paul: i think we will learn more today. declines look like the are continuing. discovery communications reported this morning and they talked about losing subscribers across the portfolio. cord cutting is real. it is impacting all the cable network ecosystems, including the giant espn. espn arguably has the most to lose because they get paid over six dollars per subscriber, per most for any the cable network. when they lose subscribers, 1% to 2% you, that hits the top line and that is the issue. david: where are those people going? netflix? amazon? paul: they have lots of choices they did not have five years ago,

on tuesday we will hearfrom media companies walt disney and news coanda on wednesday when he first centuryhis is significant as the company is waiting on approval from the significant as the company is waiting on approvalfrom the british government for its 1a and a half billion dollar takeover bid of sky news. and on thursday to hearfrom american retail giant macy's, the companies will close about 100 stores in the next few years, about 1596 stores in the next few years, about 15% of all stores. macy's continues to face intense pressure from online retailers as well a struggling with underperforming stores. 0n retailers as well a struggling with underperforming stores. on friday will focus on some economic news with the latest numbers on retail sales in the united states as well as consumer sentiment on the consumer price index, inflation. that this era in new york. —— some era. joining us is james bevan, chief investment officer at ccla investment management. we've touched on europol ready, a quick take not, we have seen some reaction the other way. this is unambiguously positive for the

betty: walt disney says hackers claim to have stolen and unreleased movie and are threatening to putline a mess a ransom is paid. the ceo spoke ahead of the season presentation to advertisers on tuesday in new york. the threat received by disney is similar to one encountered last month by netflix, which hackers stole after stealing "orange is the new black." after disneym pat underscore as with other security firms are saying, that the threat of attack should be a topline concern. tech security companies jumped on the expectation of more demand for their services as hacks increase. take a look at this cross-sectional function on the bloomberg. what i did was go into the fireeye u.s. equity and then gx . and you can see the price change, this huge jump over here. these are all tech secured companies. this begs the question, is this just a reaction to the latest cyber attack or will we see fundamental changes, real changes in this industry? thiss conside continue conversation with the mcafee ceo. thank you for joining us this morning. we have to discuss this cyberattacks, but first

walt disney c-e-o bob iger says hackers claim they have access to the movie... d are threatening to release the film online if the studio doesn't pay a ransom. iger says disney will not pay-- and they are now working with federal investigators on the case. disney did not reveal which movie the hackers claim to have... but one of the most anticipated releases is the new pirates movie, "dead men tell no tales". it's set to be released on may 26th. (pam)in sports... we will check in on the giants and dodgers...(steve) ... but of course the big news... the warriors dismantling the spurs in game two of the western conference finals... gary has the highlights... coming up on september 9, 2010, pg&e learned a tragic lesson we can never forget. this gas pipeline ruptured in san bruno. the explosion and fire killed eight people. pg&e was convicted of six felony charges including five violations of the u.s. pipeline safety act and obstructing an ntsb investigation. pg&e was fined, placed under an outside monitor, given five years of probation, and required to perform 10,00