warren buffett says his favorite holding period is forever. we'd all be richer for adopting it. >> susie: next rein in ove overconfidence about ego. >> it comes up how men invest versus women and he only invests in companies he truly knows and understands. >> susie: i guess it goes to your third point. shun r yes, we can't completely eliminate risk but all take a lessen from buffett and learn to manage safety and that's something we can all put into play. >> susie: focus on the positives of pessimism. that's complicated. >> it sounds strange but buffett gets excited when the market is scary and that's when you should be buying and it can feel scary to people but by focussing really on when times are the worse getting out there and investing you'll be better for it. >> susie: let's look at the next batch of four other research essentials. research extensively. it gets to the issue of doing your homework. >> absolutely. he is said to read five newspaper as a day and all investors can do for themselves. >> susie: and women do naturalry compared t

partly backed by investors such as warren buffett. they are putting shares of movies as well as other companies. portugal's public prosecutor has begun investigating the activities. they are independent credit analyst. that investigated the agency's. and he says they favor companies from their own country. the u.s.. >> having a aaa rating gives huge advantages. as we see, it should have been stripped of the aaa status a long time ago. that is a huge difference. the official rating means low borrowing costs and gives the u.s. the huge competitive advantage.

private lunch with billionaire investor warren buffett, part of what's become an annual auction, the proceeds going to a charity that provides social services to the poor and homeless, but there is a catch. buffett will talk about anything except future stock picks. terrell i get excited when someone pays for lunch for me. >> especially one for $2.3 million. we do that here all the time. you know how it is. >> oh, yeah, sure, all the time. >> ashley morrison here in new york. we're lying so much we got to keep going. thank you so much. >>> just ahead a major medical setback for one of bruce springsteen's e street band. >>> plus a glimmer of hope as firefighters battle the massive wildfire in arizona. this is the "morning news." before they can attach epels and snack on us. frontline plus kills but doesn't repel. any tick that isn't repelled or killed may attach and make a meal of us. [ male announcer ] ask your veterinarian about k9 advantix ii.

bill gates was warren buffett i believe came from the middle class basically sam walton's did but sam walton's kids are the ones who were hiring frank luntz as i recall to come up with the term death to invent their own term death tax and and get it out there as widely as possible i mean they got basically busted for that you know there's multi-year underground campaign to change the way we thought of inheritance taxes. i just i guess just noting that the subtitle of your book or one of your books is why america should tax accumulated fortunes why should we. well for that reason and in one way you know bill gates and i talk about how the inheritance tax the estate tax is an economic opportunity recycling program people accumulate if you if you cumulated fifty million or fifty billion dollars in the society you didn't do it alone it really is a function of that web of social supports you probably did something important to deserve or helped create that wealth but you didn't do it alone and and so an inheritance tax is where you set it at the end of one's life this is the way you pay ba

. >>> finally, double dip recession or not, people will still pay to sit down with warren buffett. bidding in the annual auction with a lunch with warren buffett, which is already over $2 million, ends tomorrow night. >>> pregame baseball high jinks and a football champion is stripped of its crown. plus, the stanley cup is tainted by a vicious, illegal hit. >>> in weather, our spring heat wave is peak in the middle of the country and heading to the east coast. your forecast is coming up. you're watching "early today." >>> good morning. if you're just waking up, this is "early today." in sports, boston is down two games to none in the stanley cup final. a hit by an opposing player from vancouver may have given the bruins the jump start they were looking for. here's nbc's fred roggin with an early look at all your sports headlines. >>> good morning. it took three games, but the boston bruins finally found their offense in the stanley cup finals. game three started with a bang. the canucks aaron roam leveled horton with a hit across the middle. taken off on a stretcher, diagnosed with

warren buffett is auctioning off a private lunch at smith and lelinski. the highest bid so far is about $2 million. the money will go to charities to help the poor and homeless. last year's benefits paid over $2.6 million. the bidding closes on friday. the international energy agency sa the natal gas will play an increanglymportant role in the coming years following the fukushima crisis. there is mounting concern about nuclear security. the demand for natural gas is going to grow and it could soon be meeting for it represents one of the world's energy requirements. >> an estimated value of nearly 70 billion euros for this natural gas deposit. and efforts are already under way to exploit the windfall. analysts expect the demand for natural gas will increase by half over the next few decades. major discoveries of natural gas are being made all the time. a study by the international energy agency predicts the percentage of energy from natural gas will grow from 21% to 25%. kohl will drop from 27% to 22%. crude oil will remain the largest energy source, but i

the will spend several hours with warren buffett. at a new york steak house. >> and i wonder who is going to pay for lunch? [laughter] >> still too, we are going to take a look at what the future looks like for johannes meserle is a gets closer to is jill release. >> before that, releasing- from jail, johannes meserle. /+ /+ /+ /+ /+ / Ñwkó >> my reaction is one of great sadness. the house of representatives is deeply flawed with certain issues. >> even if this scandal survives the district will be eliminated. this scandal has put a bull's eye adding fuel to the fire, that he called bill clinton to express regret for is action. >> the congressman apologized to bill clinton for what? a copyright infringement? >> he has no plans to quit. shelby lynn =--please pardon the earlier delay. >> shall ba professor of anthropology discussed the ancourt of anthony to berak down in tears >> marty: >> the latest on the details of the deadly e. coli. fabada he got me a line of credit to make it happen and even improved my cash flow. now, my spa has

i guess you get to bend the ear of warren buffett. quite a successful man. >> i wonder how he tips. >> i would think well. >> i would think so, too. personally, i would rather have jimmy buffett. good morning to you. high pressure is nice and firmly in control of the forecast. a gorgeous day shaping up. hot as we head toward monday and tuesday. wait until you see the numbers. 48 up in santa rosa. 54 in santa cruz. we have the cloud debt. it's moving in and we are losing visibility. you want to take it easy up there if you are traveling through the coastal valleys. by 10:00, it lifts above the highway. by 11:00 and 12:00, it lets the sunshine in. 76 in los gatos. we are going to see a few more clouds than yesterday. spectacular sunshine. a few more high clouds. a little trough to the north trying to dig into the bay area. high pressure is going to drift on top of us monday and tuesday and take a look at how the temperatures climb. up to 85 degrees tuesday. yeah, laura, it's going to go from spring-like weather this weekend to summer-li

warren buffett, thank you.arily important, aren't they? >> i agree with you 100%, and on top of that it's a lot of fun. >> kendyl, congratulations, gentlemen, thank you very, very much. >>> coming up, kathie lee gifford will be here on set, standing by in the greenroom. >> oh, this is business. this is by. keep it right here on "morning joe." she has this thing about bugs. no, no, no... i do not have a thing about bugs. i have a thing about bugs in our house. we used to call an exterminator. ugh... now i go ortho. home defense max. i use it once inside to kill the bugs. stops them dead. guaranteed. and outside to keep new ones from moving in. that's up to 12 months protection against bugs. and 12 months of keeping our house to ourselves. until your mother comes. right. ortho home defense max. defend what's yours. we could do weight watchers online together. it was easy, it was flexible and it worked. ok -- i've got ground turkey, i've got bell peppers so he'd plug it into the recipe builder and it just pulls up

warren buffett may just be in touch with his feminine side. as we take a break take a look at how the stock market ended the week. back in a moment. ♪ [ engine revving ] [ male announcer ] 125 years ago... we invented the automobile. ♪ and 80,000 patents later, we're still reinventing it. ♪ it's no coincidence that the oldest car company has the youngest and freshest line in the luxury class. mercedes-benz. see your authorized mercedes-benz dealer for exceptional offers on the c-class. ♪ >>> well, you don't need to be a boy scout to want to be prepared. especially when it comes to your financial well-being. with the federal budget deficit adding up to trillions of dollars, what's the right road ahead for investors? with some advice on investing in this new normal, blackrock strategist russ koesterich joins us. he's the author of "the $10 trillion gamble." russ, it is good to have you on the program. >> thanks for having me, maria. >> so this year we're having, you know, so many unprecedented conversations. the conversation in washington about

billion -- no, i'm sorry, million -- billion would be cool, too -- for a lunch with investor warren buffett. the winning bid was less than what was paid for last year. the bidder paid an additional $300,000 to set the new record. buffett has helped raise $9 million in the past 12 years through lunch auction charities. the auction proceeds, by the way, go to the glide foundation in san francisco. >>> and still ahead at 6:00, a new exhibit at the san francisco zoo is crawling with life. we'll show you the eight-legged visitors. first, we'll take you to the aftermath of twin blasts in pakistan as part of our look at stories making headlines around the world. >>> and we're talking about a warming trend, but it's going to wait a day or two to get to most areas. temperatures rightalg the 50s along the coast. your complete forecast is coming up. and it's looking nice and warm. >>> in news from around the world tonight, an al qaeda operative connected to a pair of u.s. embassy bombings in africa in 1998 is reportedly dead. somali government officials say a man killed by security forces on tuesday w

bidding at annual charity auction for warren buffett is topping $1 million.ear's bidding could exceed last year's record of $2.6 million. winner will get direct financial advice from this famed investor and benefits will help deprived people in san francisco. >>> on air or online you can read about that story and stay up to date with all the top business stories at cnnmoney.com or head to cnn.com/international. >>> and that's about it from me and the rest of the world business today team. i'll see you again in a couple of hours' time for the later edition of this show "world business today." in the meantime "world business one" is next.

good for them. >>> most of us can't afford lunch with warren buffett. maybe a picnic.oday would be too windy. >> the perfect day as far as the skies go but windy conditions because a lot of instability and the trough is working into the region but we do have a dry weekend. and that is always great news and ann is happy about that. we have windy conditions. but that's going to ease up by tomorrow. partly cloudy skies. for tomorrow. as well. as we take a look outside. we can see we have a lot of moisture, abundant moisture in the atmosphere. at the low and mid and upper levels. and that has to do with the trough that is starting to dig into the system here. so this is what we're going to see for the next two days and then clearing out nicely. by monday. and so as you take a look at the sat rad image here, we can see that we have a trough that is digging in quite a bit here, these are the clouds that are starting to push on in here, so as this starts to work its way into the coast, that's going to go ahead and increase the wind speed, and that's what we're feeling for ton

-- warren buffett on a mutually-agreed upon date. >>> 7:55. let's check in with sal and see what's happening on the road. >> we're watching a very busy bay bridge toll plaza. a lot of people coming into san franciscoing. it's the busiest day of the week which is unusual for friday. the best way to get in is to take transit. travel is backed up all the way to the maze. all this morning's commute is go na be busy on 880 but not all that bad as you pass the coliseum. but there's some slowing. if you are driving 0 the peninsula, we see traffic getting busier on 101 and 280 but not a huge delay along the route. let's go to steve. >> thank you on this friday we're gearing up for what looks to be a better -- a better weekend than last saturday. we have sun out there for some. fog for others -- fog for others. if you have the sun today, it will be nice but not as warm yesterday, where temperatures creeped into the low 80s. there you can see from -- again, the marin coast, the santa cruz coast looks to be socked in. 58 mountain view, barmest -- the war

that was you know part of the fun and inspiration of meeting people like bill gates his dad and warren buffett and others who believe that that they didn't do it alone. but i think that that world view pretty much govern in zero then is reflected in even in public policy today that reflects the interests of very wealthy individuals that you know the economy is fair the picking is that it's a level playing field and people are where they are based on something linked to deservedness and that's the big myth that i think holds it all in place i'm curious about your thoughts and experiences the the. the lineage of that should always. be a piston ology here how did it well it did back up you mentioned iran and iran and based the prototype character the fountain head and of another work that she wrote the less well known it was i don't think she finished it when she was alive based on a fellow by the name william edward hickman who was a serial murderer a serial killer and she wrote in her diaries and publicly stated that he was a superman because he was willing to ignore the conventions of society

and billionaire warren buffett giving a boost to a bay area nonprofit. it's getting more than $2 million to help the needy. live look ide this morning. in the south bay, overlooking hp pavilion. >> welcome back. beautiful live look outside. one of the most gorgeous views in the bay. at the bay bridge this morning. we're going to check the morning commute there and other areas coming up in a bit. 5:13. a bay area nonprofit getting a big check thanks to one of the world's richest men. today in the bay's nicole lapin is live with that and the rest of our news before the bell. good morning. >> hey, good morning. futures are higher after another tough week on wall street markets fell for a sixth straight week in a row amid concerns about global economic slowdown. more disappointing data out of the united states last week, notably from the fed which saw signs of slowing in several parts of the country. there are also worries overseas, especially in europe as officials continue to clash over a new bailout package for greece. no big data today. consumer prices,

. >> were you surprised by the warren buffett affair recently when his top guy had to leave. r pretty unethical circumstances. >> warren will never understand that nor will others. we don't know what's behind it all. i was with warren recently and he said i was the most surprised guy in the world that this happened. >> were you surprised that he allowed it to happen? >> warren runs a very decentralized company. he lets people do their thing. he's been very successful doing that. but it puts a lot of trust in every manager he has and he's got to bet on them doing it all right themselves. >> you think if you've been in his shoes and a top, top executive running the show for you comes to you and says what that guy said to warren buffett, wouldn't alarm bells go off? >> they did for warren. >> too late. >> we don't know what happened. >> take a final break. when we come back i want to talk about your flourishing second career as an actor. look, every day we're using more and more energy. the world needs more energy. where's it going to come from? ♪ that's why right here, in austra

. >> in the ratings agencies are partly backed by investors such as warren buffett. they are putting shares of movies as well as other companies. portugal's public prosecutor has begun investigating the activities. they are independent credit analyst. that investigated the agency's. and he says they favor companies from their own country. the u.s.. >> having a aaa rating gives huge advantages. as we see, it should have been stripped of the aaa status a long time ago. that is a huge difference. the official rating means low borrowing costs and gives the u.s. the huge competitive advantage. >> the agencies give the impression of using scientific methods to reach objective conclusions. but they don't publish the assessment criteria. there is no oversight over their methods. they have successfully downgraded the one after another to junk status. first degrees and no portugal. since january this year, the european authority has state -- a place tighter controls hot agencies. >> they are overlooking issues like government transparency and independence. it will improve the

when we went over there -- >> were you surprised by the warren buffett affair recently when his top guyin unethical circumstances? >> i'll never understand that, nor we don't know what is behind it all. so it's tough to comment. i was with warren recently and he said, i was the most surprised guy in the world that this happened. >> were you surprised he allowed it to happen? >> warren runs a very decentralized company. he lets people do their thing. he's been very successful doing that. but it puts a lot of trust in every manager he has, and he's got to bet on them doing it all right themselves. >> you've been in his shoes as a top, top executive, running the show, he comes to you and says what he said to warren buffett, alarm bells go off for you? >> they did for warren. >> but it was too late. >>> when we come back, i want to talk to you about your flourishing second career as an actor. [ man ] i got this new citi thankyou card and started earning loads of points. you got a weather balloon with points? yes i did. [ man ] points i could use for just about anything. ♪ ♪ there it is. [ m

. >>> would you like to have lunch with billionaire investor warren buffett?could you afford to have lunch with him? an on-line charity auction to have lunch with mr. buffett. glide is an anti-poverty group in san francisco that was the favorite of his late wife susan. this auction kicked off last night. minimum bid, $25,000. you had to be prequalified to bid. you have to dig very deep for the cash. the auction had four bidders but the high bid was over a million dollars. >> wow. >> last year's winner paid over $2 million for the honors. the auction ends friday night. but if you get some good tips from warren buffett, it may be well worth it. >> i'm out of the bidding, that's for sure. >> the newly weds canceled a meeting with arnold tphald schwarzenegg schwarzenegger. they were going to meet with the former governor during their visit to los angeles last month. once word got out about his affair with the housekeeper, they canceled the plans. schwarzenegger said there was never a meeting scheduled. >>> 5:26 is the time. the announcement that's big enough to br

. >> bidding for a lunch with warren buffett, the price went up to $1.5 million.he money raised will go to the glide foundation here in san francisco. the auction runs until friday night. last year's $2.6 million record bid was the most expensive item ebay ever sold. >>> here an investment of different kind. do you have shoes you don't wear any more? they may be tickets to u-2 concert. they are teaming up with a nonprofit for soles for souls. you can get a tickets by won being one of the first hundred people to show up. hard rock cafe by 8:00 p.m. today if you want a shot. >> her wedding gown was the best kept secrets and how you can get a look at katherine middleton's dreth dress. >> a deadly spider bite. >> this was a sting and then a swab. >> led to an aggressive infection. >> when it hit, it hit with a vengeance. >> and even after months of treatment and several surgeries, paula muster f was still far from recovery. >> she was in multiorgan failure, heart failure, lung failure, kidney failure. >> when i got a taste of how  >>> today at 3:00, local man bakin

be like warren buffett. hold all the way through the hard times. the most scary and the most dangerous. if you see an earthquake in japan, that's when you want to buy stocks. if you see a pandemic, that's when you want to buy stocks. buy every single time you panic, otherwise the psychology is going to make you go broke. >> james, good to talk to you. thanks for joining us. he's the managing director of formula capital. >>> well, ditching your mortgage just because you can, more and more people are saying that's a good idea. i'm not one of them. i'll explain in my x, y, z next. boy, i'm glad we got aflac huh. aflac! oh, i've just got major medical... major medical. ...but it helps pay the doctors. pays the doctors, boyyy! [ quack ] oh yeah? what about your family? ♪ we added aflac, so we get cash! it's like our safety net... ♪ to help with the mortgage or whatever we need! so my family doesn't feel the pain too. ha! [ male announcer ] help protect your family at aflac.com. [ pigeons ] heyyy! hooo!!! >>> time now for the xyz of it. i know it is a ro

hold only your stock like warren buffett. buy when the headlines are the most scary.utbreak in japan, that's when you want to buy stocks. a pandemic, buy stoxx. buy every single time you panic, otherwise the psychology is going to make you go broke. >> james, good to talk to you. he's the managing director of formula capital. >>> well, ditching your mortgage just because you can, more and more people are saying that's a good idea. i'm not one of them. [ male announcer ] built like a volkswagen. the 2011 tiguan. [ grunts ] we share. shop from anywhere. and are always connected. we live in a social world. isn't it time we had a social currency to match? membership rewards points from american express. use them to get the things you love from amazon.com, ticketmaster.com, and more unexpected places. they're a social currency with endless possibilities. >>> time now for the xyz of it. i know it is a roughhousing market out there. we track it every week right here on this show. prices are still dropping. nearly 11 million americans owe more money than their home is worth.

. >>> you want to have lunch with billionaire investor warren buffett? bidding is under way, all proceeds to help the glide foundation which has been serving for over 15 years. minimum bid is $25,000. average winning bid over the past three years has exceeded $2 million. this year's auction runs through friday. buffet will dine with the winning bidder in new york city. >>> oakland police and firefighters unveil a new communication system today. next at 5:00, what they are expected and differences it should make to people on the street. >> 4:00. >> what are these people so excited about? i'll have a live report coming up next. >> and the accident that raising questions about the safety of one of [ female announcer ] we invited real women to try new dove visible care creme body wash with nutrium moisture. after 1 week we took their close-ups. when they saw how much more beautiful their skin looked they had only one question... ♪ new dove visible care creme body wash. imagine what it can do if sto your skin.elf, but dove isn't soap. it contains pure 1/4 moi

. >>> and finally, double dip recession or not, people will still pay to sit down with warren buffett. lunch with the oracle which was $2 million ends friday night. >>> a one-time nfl star is released from prison. >>> pregame baseball high jinks and stripped of the crown. >>> and the stanley cup final is tainted by a vicious hit. you're watching the "first look" on msnbc. [ banker ] mike and brenda found a house that they really wanted. it was in my sister's neighborhood. i told you it was perfect for you guys. literally across the street from her sister. [ banker ] but someone else bought it before they could get their offer together. we really missed a great opportunity -- dodged a bullet there. [ banker ] so we talked to them about the wells fargo priority buyer preapproval. it lets people know that you are a serious buyer because you've been credit-approved. we got everything in order so that we can move on the next place we found. which was clear on the other side of town. [ male announcer ] wells fargo. with you when you're ready to move. >>> welcome back to "first look." i'm ly

. >> and auctioned off lunch with warren buffett raised over $2.6 million. ended at $2.3 million, the owner that wanted to remain anonymous wanted to top last year's bid and pledged an additional $3 million to make it a total of $2.6 million. this is morning buffett's 12 and will luncheon for charity. >> ladies and gentleman introducing a brand new nook. >> barnes and noble new nook e-reader is now selling on line. to compete with the kindle upon the noble release the newest the reader. >> this is packed full of so many features it is like a tabloid a lot of people found it too difficult to use. >> the e reader should be as simple as the candle. barnes and noble realize this so they came out with the nook simple touch e- reader they took out of the bells and whistles. it does not have color they use a great skill screen that is easier on the eyes. i like it. it is wifi, and no treaty, you only need wifi to connect to the barnes and noble bookstore. priced at $139, free shipping if you buy it on line, this is the thinnest yet, it is less than most paperbacks,

as a top, top executive, running the show for you comes to you and says what that guy said to warren buffettell goes off for you? >> they did for warren. >> but it was too late. >> we don't know what happened. >>> when we come back, i want to talk to you about your flourishing second career as an actor. [ male announcer ] this is james. the morning after the big move starts with back pain... and a choice. take advil now... and maybe up to 4 in a day. or, choose aleve and 2 pills for a day free of pain. smart move. ♪ >>> look, i know how much dawn meant to you. if you need to pass some eye water, i'll go out and get you some weakness tissues. >> no, i'm not crying in front of jack welch, neutron jack. they wanted this company kept intact, and these people are from philadelphia. >> let it go, john! it's over. >> i mean, jack welch, jack nicholson, it's hard to tell the difference. >> no, it isn't. >> do you enjoy your acting? >> it was my big moment in the sun, i'll tell you. >> tell me about your new online venture. >> we've got a school called the jack welch management institute at chancello

warren buffett does is plain wrong. can i say one other thing, dylan? >> sure. >> i think michael's right, but it is something i hear with a little bit of sadness. we are all flawed. virtually every human being on this earth is flawed. what anthony weiner did as far as up to now didn't hurt anybody other than himself or neighbor his good wife absolutely spectacular person. the pain administer said self inflicted and concern we are all flawed. isn't it time to say, look, isn't it time it say, that the internet i guess is going to make our flaws more open and people should judge whether that that's a flaw that disqualifies him from office? >> that's the biggest conversation. after we are done with this, the survival anthony weiner, this hour is dedicated to all of our -- all of us being forced to reconcile 150,000 years of human duplicity with about ten years of this universe of everything being known and noble and particularly for those in the spotlight. whether you are a politician or a media figure. we are going to hav

. >> suzanne: how much would you pay to have lunch with warren buffett? before you answer, consider this: you get to dine at a top new york city steakhouse, and you can invite up to seven friends. the bidding for the annual auction wraps up tomorrow night, and it's already at $2.3 million. last year's winner paid $2.6 million for lunch with the oracle of omaha. profits go to the glide foundation, a san francisco- based anti-poverty charity. tom, if you win the bidding, the lunch is tax-deductible, but there are no refunds. >> suzanne: they're better be kobe beef and lobster. >> tom: what's the tip on that lunch? >> suzanne: i don't know. >> suzanne: that's "nightly business report" for thursday, june 9. we want to remind you this is the time of year your public television station seeks your support. >> tom: support that makes programs like "nightly business report" possible. >> suzanne: thanks for joining us, and don't forget to support your public television station. i'm suzanne pratt. good night, everyone. you, too, tom. >> tom: good night, suzanne. i'm

. >>> a stake at new york's smith and molinski starts at about $37 but this year with warren buffett for charity goes for 2.63 million. >>> and finally, did bill gates just slip into an interview with england's daily mail by calling mark zuckerberg's girlfriend his fiancee? well, facebook is denying any zuckerberg engagement, calling gates' comment a misunderstanding. >>> but coming up, more on dallas taking down miami's millionaires. dirk and the mavericks bringing the nba crown back to the lone star state. your early morning sports headlines are straight ahead. >>> in weather we're starting off the work week just like last week. hot conditions in the south and storms in the north. >>> good morning, if you're just waking up, this is "early today." and in sports, as we reported earlier, the mavericks upset the miami heat in the nba finals, bringing dallas and dotcom billionaire owner mark cuban a long-awaited championship. once again here's nbc's mario solis with an early look at all your sports headlines. >> hi there. good morning. the miami heat may have the three best players in t

. >>> if you are looking for business advice, warren buffett says he is available for a price.ction of lunch with a billionaire kicking off last night. for the next five days, people can bid on the opportunity on ebay. the opening bid, $25,000. two of the last three winners paid more than $2 million to have lunch with the investor. they call him the guru. the money goes to san francisco's glide foundation. >> rather have lunch with him or lunch about jimmy buffett? >> i think we all would like to be jimmy buffett and the bank account of warren buffett. >>> william and kate are taking a small apartment as a starter home in the palace rent free. he grew up there with his brother after his parents divorced. it will only be temporary, though. it's considered too small to raise a family. but a good place to hang your hat for a little while before they find their regular home, i suppose. >> very centrally located. >> there you go. >>> it is 5:49. when we come back, a promising discovery in the fight against breast cancer. >> and some four-legged friends hanging ten right here in cali

when nerdy bill gates and warren buffett open their wallets, from certain angles, they even look chic and stylish-- almost. so when that kid jogs up to you breaking a sweat, please break open your piggy bank. you'll feel better and we'll all be better off. i'm todd buchholz >> susie: that's "nightly business report" for tuesday, june 21. i'm susie gharib. good night, everyone, and good night to you, too, tom. i'm tom hudson. good night, everybody. we hope to see all of you again tomorrow night. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org

an anonymous winner bid more than $2.3 million to have lunch with warren buffett at a famed new york restaurant. all the money goes to san francisco's glide foundation. over the past 12 years, buffet's lunches have raised nearly $9 million, for the tenderloin neighborhood organization. >>> you probably noticed it is blustery in parts of the bay area. the pin pont forecast is next. >>> and breaking the myth about one of our creepiest crawlers. ,, we spend a lot of time together. well mainly in traffic. i'm serious. we've been together, what, a super long time. true. and at first it was all business, you know, i'd take him here, i'd take him there. everywhere. and over the years, we've really bonded. sure. why else would you always buy me chevron with techron? 'cause we need gas. i think it's more than that. i think that you care about me. you're a good friend. best friends? um, uh, yes, best friends. yeah. [ male announcer ] your car takes care of you. care for it. chevron with techron. care for your car. ow. >>> you've been talking about this. especially creepy exhibit opens this wee

. >> bidding for a lunch with warren buffett the price went up to $1.5 million.he money raised will go to the glide foundation here in san francisco. the auction runs until friday night. last year's $2.6 million record bid was the most expensive item ebay ever sold. >>> here an investment of different kind. do you have shoes you don't wear any more? they may be tickets to u-2 concert. they are teaming up with a nonprofit for soles for souls. you can get a tickets by won being one of the first hundred people to show up. hard rock cafe by 8:00 p.m. today if you want a shot. >> her wedding gown was the best kept secrets and how you can get a look at katherine middleton's dreth dress. [ female announcer ] this is not a prescription. this is stacy. who runs circles around asthma. and dan. he never lets high cholesterol get him too low. and amy with her arthritis well in hand. they go to walgreens... where their pharmacist not only refills prescriptions but gives advice... immunizations... and health tests. staying on top of your health starts right in your neighborhoo

lunch, too, with warren buffett is not up for gabs arabs any mo.was sold for $2.6 million and a winner gets seven of his or her guests to go along with lunch with warren buffett at the steak house in new york at smith and wollensky. the money will go to help the -- take a look here. here is kyra phillips. >> what? >> $1 million to have lunch with kyra phillips and she will be taking you for lunch at houston's! you could do slightly better than that, kyra. anyway, just off peachtree road without the twins or the other baby, john. >> are you kidding me? the twins is what would make the lunch! that would be the most exciting thing. what i could do with a million dollars to my favorite charity, it's not a bad idea but i have a feeling i wouldn't get past five cents. thank you, zain. very generous. i love you. >>> foreclosures are one of the biggest drags on the housing market right now. today a new study shows that foreclosure filings plunged 33% in may compared to may 2010. sounds good, but alison kosik is here to tell us that that number isn't really