i walked along for the first time ever with warren buffett and his three children. you know after years and years at fox business we had that exclusive and review with the three adult children, howard, susie and peter but warren has never done an interview with things like this. one of them is like growing up as children of the oracle of omaha and during this exclusive interview i had the chance, howard sits on coca-cola's board, his thoughts on his father's decision to abstain from voting on coca-cola's new executive compensation plan. here's what howard buffett told fox business last may. when i look at all three if you you are different but all have your foundation but if anybody got the investment or corporate jean it would be you. you sit on the board of a bunch of companies, and needless to say you two were watching this with much interest when warren who berkshire hathaway owns the largest share, use it on the board of coca-cola and he abstained from voting in compensation packages. did that put you in an awkward position? >> not really. he and i talk about it

warren buffett, charlie munger and bill gates.with us the first hour of trade for the market. a big exclusive to have them in the first hour of trading. their opinions definitely matter and move the market. send me a question. tracy: that is awesome. i'm loving interview in the school also. thank you. dvr if you cannot catch us live, have a great weekend. >> what a week. first, we learn that china taking over as number one economic power in the world, then we learned that the administration may have misled us about benghazi. only 67% of obamacare envoys have actually paid for coverage. tonight, if the white house thinks this job report is going to erase all that company may have another think thing coming. i am david asman and four neil cavuto. all they we have been hearing everyone celebrated new jobs

we have been so busy, we were shooting video all over omaha, last night we caught up with warren buffetthree grown children. they have never done an interview altogether. fox business was able to do the first to do that. we talk to them about being buffett, growing up with a lot of privilege. most of the money came much later on. i also asked warren buffett about what the meeting is going to be like. is that in 38,000 people to show up for the meeting tomorrow, sells out, bruno mars concert, the eagles, there is no standing room even for warren buffett shareholder meetings. nothing like it. everybody wants to know all kinds of questions, but one of the most important things is who is going to take over. he has not named his successor. here is what he says. >> people are wondering will this be the year you announc ang your successor is -- >> no. >> why not? >> because it could change between now and when that person succeeds me. there is just no reason to. it may be next year or two years from now, nobody can tell. their age or enter into who the successor would be because i believe anybo

we are back with warren buffett. rren, after the shareholders meeting this week, we talked about 38 to 40,000 shareholders here, and there are a number of really interesting people to see in the audience. kathy ireland was there tossing newspapers with you on saturday morning. >> she was a newspaper carrier before. >> she did a good job. bill ackman, david winters, many from the financial world, also georgie polo was here. the partnership you have with 3g when it comes to heinz, first of all, how is heinz doing and would you do more deals with 3g and georgie pollo? >> the heinz deal is coming along well. that doesn't surprise me at all. we would not have done heinz by ourselves. certainly at that price. but there's no one i'm more impressed with than georgie and his associates in terms of their operating abilities. so to join them was terrific. and i would love to join him again. and one thing i like about them is they think big. so they are likely to come up with a big one some day, maybe next year or the year after,

by the way, we're letting people ask warren buffett questions through #ask liz. you have a question you would love to ask warren? >> have warren ask him what the keystone decision will be. liz: i will ask him. >> that would be a good one. liz: governor heineman, thank you for coming exclusively once again. seven years straight, melissa. governor dave heineman of nebraska. melissa: i hope you ask the question. i will watch on monday. great interview, liz. thank you so much. more coverage on weekend with warren ahead. in the next hour, growing up buffett. liz talks to warren buffett's three children and then you don't want to miss this. tune in on monday at 9:30 a.m. for liz's exclusive sit-down with warren buffett, bill gates and charlie monger. i will be there. it will be rivetting. i hope you join all of us. >>> it is kind of an american dream even hollywood couldn't make up. a bombshell report on one of baseball's biggest stars is forcing mlb to finally face the music and to a different kind of american dream, one of the cheese variety, sandwiches falling from t

did they basically ignore warren buffett? is that possible? alk to him ahead of time because buffett said he had had some conversations with muhtar kent. you're wondering if they took that related to other shareholders. >> not only the whole sequence of who knew what when. but the most famous revered investor in the world why would say i really don't like this. and the company would go ahead and do it anyway. so i think there's real fundamental governance issues here. you know, we love the coca-cola company. but the idea that they are going to -- they are the custodians of the secret formula. this is 100 some odd-year-old company. do they need tens of billions of dollars for a couple years work? it seems wrong, especially in today's society. >> okay. let's ask about the way you went about this and the way buffett went about this. did you make the letter public the same time the company was finding out? i'm wondering working inside versus working outside. >> they didn't call and say we're going to dilute but by a specific amount. muhtar didn't c

the major change in warren buffett's investment style that started to show itself this year. david, a rare interview with buffett's again re insurance. how that profitable business is doing. if you wave this things this, is life and times. andy constantly updates it. david: that is whole style encyclopedias. it is huge. thanks, liz. a lot to talk about the markets. scott black of delphi management. he is here in new york. craig johnson of piper jaffray. mike gerka in the pits of the cme. mike, i want to start with you. we usually start by talking stocks but i want to talk bonds. bonds volume was extraordinary. what is going on there. >> that you highlight that i see a 2.59 print in the 10-year yield. it surprise me volume will continue to pick up as long as we see pressure in yields and rally notice markets for a reason. that is more of a head fake. something that the opposite. something looking out of park either way. we came in better than expected and for those reasons big recipient was treasury market. that is not going to end. david: mike, keep with you for a second. let

that's what warren buffett has said in the past. >> i don't think warren buffett is a cereal guy. i think he's more of a coke in the morning kind of guy, coca-cola. >> and dairy queen brands. >> yeah. >> also a warning for the retirement fund, the target funds that change the investment mix automatically the closer you get to retirement? well, they may be hurting investors who are saving for retirement more than helping them. that's what a new study says, but not everybody agrees with that study's conclusion. it's a story that could affect millions of savers, and we will hear from both sides of this very, very important issue coming up here. >> yes. >> now, again, here's where we stand in markets. it will be another banner day most likely. don't want to jinx it here. the dow has added 25 point. 1670 is the level. the nasdaq a strong day yesterday and giving up 1/10 of 1%. down about five points right now. finally the s&p 500, roughly flat, up two minutes, we've kissed 1900 today. >> here we go. let talk about in today's closing bell exchange, amy wu from rbc capital markets and da

shares of berkshire hathaway were down today despite a meeting with warren buffett over the weekend. were just one of many topics buffett talked about with some 40,000 shareholders who converged on omaha to hear the latest words of wisdom from the billionaire investor. >> warren buffett doesn't appear to be slowing down much. at 83, he's one of the fortune 500's oldest ceos, but that doesn't stop him from outpacing throngs of female reporters. >> no, just healthy eating and lots of exercise. >> with his usual boundless energy he made the rounds at berkshire hathaway's annual meeting sampling his berkshire treats. >> this is like clark kent going into a telephone booth when this happens. >> plague games with his buddy, bill gates. >> okay, bill. my house against your house! oh! >> hanging out with a supermodel doing something he could cheer about. challenging his partner charlie munger to a face-off. $2 for the buffett bottle of ketchup $1.60 for charlie's. >> charlie, one-third and you're winning it in a landslide so far. >> notify me! >> even posing for oneselfie after another, but

warren buffett live at 6:00 a.m.lso joined by charlie munger, and then bill gates, founder and creator of microsoft, also a berkshire board member will join us, so we do have three hours of all to talk about. >> becky, why don't you do some work for once and get good guests. bill gates? warren buffett? >> reporter: i know, we're resting on the laurels. you should call me betty. that's what i get called all the time, ryan. >> i see you're playing along here, becky. you have a bit of a sense of humor. >> reporter: betty. >> thanks, becky. >> mindy agrees with you. >> i love that. thank you, betty. >>> skechers got a lot of good pr for sponsoring the winner of the boston marathon, now it's say it wants to buy the l.a. clippers. who doesn't if they've got the money. >> we're going deeper than just the headlines. we're analyzing skechers, the stock, on the fundamentals. speaking of movers, let es go to the break, call an audible, tlt, melissa lee pointing out on twitter, this t-bond index, a bond fund is up 1.5% this week

warren buffett has made a lot of money with his insurance businesses. billionaire says in the end he would pick the good of society over profits any day. take a listen. liz: you said if driverless cars hit the roads and accident rates go down because they end up being safer, that could meaningfully and negatively affect your geico insurance unit. >> yeah. but if they really work well, they're good socially. but, sure, they could reduce the costs of insurance. anything that improves, reduces accident rates, reduces death rates and all that will reduce the cost of insurance, and that's basically a good thing for society. liz: but a bad thing for geico. >> overall, the world would be better off if we didn't have any car accidents. liz: of course. but it got so onerous on geico's business model, would you sell geico? >> i won't sell geico. liz: never? >> no. no, no. never. liz: does it hurt eventually if more and more people go to electric cars, does it hurt burlington northern railroad? a huge amount of the car doe on your railroad is oil to, facile fuels,

i might pick your question ask warren buffett.instant updates on twitter @liz claman all day standard from the meeting and tomorrow starting at 9 a.m. eastern, we're live with the whole buffett crew. stay tuned, see you then. cheryl: all right, thank you, liz. coming up, something every athlete in your life means, denim jeans that actually fit their muscular body. we have the founder behind a start-up that's heating up and stretching out sporty fashion apparel. that is coming up next. ♪ ♪ humans. even when we cross our "ts" and dot our "i's", we still run into problems. that's why liberty mutual insurance offers accident forgiveness with our auto policies. if you qualify, your rates won't go up due to your first accident. because making mistakes is only human, and so are we. we also offer new car replacement, so if you total your new car, we'll give you the money for a new one. call liberty mutual insurance at... and ask us all about our auto features, like guaranteed repairs, where if you get into an accident and use one of our c

warren buffett, charlie monther and bill gates. choosing your financial adviser, how to find one that fits and who do you trust?" on the money" starts right now. >> this is america's number one financial news program. "the on the money," becky quick. >> here's a look at what's making news as a new week on "on the money." federal reserve chair janet yellen testified before lawmakers on the house and the senate and said though that the economy is improving it still has a long way to go. to most people that means interest rates will stay low for a long time to come and that's good news as far as stocks are concerned. the dow and the s&p 500 had their best day in three weeks on wednesday after she spoke. they were mixed on thursday and rose on friday. earnings season chugs along. pfizer beating estimates, disney bl blew out expectations and tesla foal its outlook and zil low was beat as well. ali banna fighting for its initial public offering this week and is expected to raise more than $15 billion when it goes public. it could be the

people flock to omaha for the berkshire hathaway an ball shareholder meeting to "oracle of omaha," warren buffett own liz claman got a chance not only to speak with warren but microsoft founder bill gates and vice chairman charlie monger who is always saying something controversial. liz asked warren why he believes, continues to believe in the medium of the newspaper. >> it's declining and it declined last year. declined the year before. it is declining and i would say there is no real evidence of a leveling off. the decline rate is not severe in many places. >> but to interrupt, warren, you threw that all the way to the front step of the clayton home. i made it to the front step. people can walk out in bare feet to get the newspaper. >> that's true. i need the exercise. you're very thoughtful actually. >> jeff bezos suddenly showed interest. that is company you're very close with. what do you hope jeff bezos will do? >> i hope he has success and anybody can do it is jeff. >> have you talked to him? >> i haven't talked to him since he bought it but no, i haven't talked to him. >> bill, amazon com

warren buffett says no way. but it would unlock billions of dollars in shareholder value and release an avalanche of dividends. things we all love in this market right now. he will make the case that some shareholders in omaha were making to warren buffett himself last week at their annual shareholders meeting. >> that will be a fascinating discussion. >>> heading into the final hour of the markets, we've just turned negative. dow is off five points after being above its previous records earlier in the day. we were up almost 100 points. the nasdaq is off .5%. that index down to 4,044. >>> let's get to the "closing bell" exchange. our blue ribbon panel today. rick, what's going on. i know why you won't know why the stock market is selling but do you think that the yields -- the skyrocketing of yields following that bad 30-year auction could be taking a toll right now? >> i think initially there's no doubt that the equity traders and all traders observed that very weak d-minus 30-year auction. if you look at the c

we're looking at one of the biggest investors, warren buffett.hire hathaway is expanding agreeing to buy one of canada's largest transmission companies, $2.9 million in cash. this is coming just ahead of berkshire hathaway's annual meeting in omaha. he hinted there was something in the pipeline. this was a conversation with betty liu. >> we are working on some things. >> you said that last time. >> we are working on more things than last time. but are not very huge, there's enough going on that i would hope, maybe one or two that would materialize. we will find out. already in omaha for the meeting and he spoke with betty about some of the things we can expect when mr. buffett talks the stage -- takes the stage. he will be answering questions in front of thousands for five hours. >> there are a lot of people who have looked to buffett as their moral compass for how ceos and investors should behave. a lot of people i've been speaking with here in omaha thinks that there are some real inconsistencies about what he has said and what happened with th

moving and shaking this hour, a name that you are familiar with, warren buffett -- jimmy buffett, not warren. it will cost you to waste away more in margaritaville next week. the price is more than truffled -- tripled for limes. a crop disease has ravaged lime trees in mexico, forcing up prices. getsrgaritaville expensive, you might have to settle for a cheeseburger in skipise" -- paradise and the guacamole as well. i will be in las vegas to talk with sheldon adelson, the wealthiest man in the gambling industry, in an exclusive interview. be sure to stay tuned for that. there was another casino mogul in the news today. billionaire steve wynn. first-quarterat profits. stephanie ruhle joins us after her exclusive interview with wynn. are the profitos drivers. >> 73% of his revenue is coming from macau. he is building a huge property in boston, working on it. he is spending a few billion dollars. he has $3.5 billion going into a new property in asia. that is where all the dough was coming from. >> yes, it is true that we are primarily a chinese company. that is probably going to look eve

we sat down with one of warren buffett followers.up next. ♪ >> this saturday tens of thousands of investors descend on omaha, nebraska to participate in the woodstock of capitalism. it is berkshire hathaway's shareholder meeting. bloomberg caught up with one of warren buffett's most faithful followers. >> my name is ryan morris. i am 29, managing $15 million. warren has said he lives like he year, except00 a for the private jet. before the berkshire meeting last year to pay our respects to the great church of frugality, four guys who work it has far flew andedge funds, got the cheapest rental car to drive to omaha. hotel in the crappiest have ever been in. you go to these events were they have free drink sent food. night forn to $48 a four of us in the busiest weekend in the year in omaha. old, i had this idea that i wanted to change the world through science. my father introduced this idea that even if you are the best scientists in the world, you will not make fusion happen. it is the guise of the capital who make the decisions. an

all warren buffett eats, by the way, is sugar and candy. the biggest shareholder in coca-cola, so, of course, he's a sugar fan. but when he needs to charge through the crowd -- i want you to look and see, molly, how he simply bashes through the crowd when he's walking this exhibition floor where all of his companies display some of their wares. it's quite unbelievable. he owns a company called justin boots, pretty fascinating, and always ends up at the burlington northern choo choos. pretty fascinating. that was his biggest acquisition ever. he also has a $100 billion stock portfolio. also recently, general motors. and, of course, you know, general motors has had that recall of 6 million cars. here's what he had to say about the developments with that company. >> i had lunch with mary barra just about a week ago. and she's dynamite. you couldn't have a better executive, general motors, in my opinion. now, i don't have the stock. it's one of the two managers. but i was really impressed. she's a car ride. she knows more about cars, and she's

i can't imagine warren buffett has made such a great investment.f warren buffett --l from nothing >> he's made enough money where he can pay back all the loans were used to borrow the money to buy sprint and t-mobile, he's had to ro 22 billion and maybe he can pay that money back to the bank. i would imagine he's getting a call from some of those banks saying hello. hittingdent obama is the fund-raising circuit in california. intofundraisers packed three days as he tries to rally democratic support. underscoring the challenge facing the president and his party -- a harvard survey found fewer than one in four young voters say they will definitely vote in midterm races, which is why they're using issues like the page under gap and manipulating some of those numbers to ring more people out to vote. we will see what else they do. moreung people who are likely to vote our republican leading -- republican leaning voters. you hava lot of disillusioned voters across the board out there and if they don't have that galvanizing issue to get them to the polls.

warren buffett versus carl icahn. target's ceo says good-bye, and amazon faces off against google on same-day shipping. that's coming up in today's power rundown, next. over 1.2 billion eyeballs are on us during the two weeks at wimbledon. true tennis fans want to know what's happening, they don't want to just see what's happening, they want to know and understand why it's happening. anybody can just put data up, but we want to get a reaction, make it far more interactive. we rely on the cloud to provide that immersive digital capability. became big business overnight? ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace new technology instead? ♪ imagine a company's future with the future of trading. company profile. a research tool on thinkorswim. from td ameritrade. a reseatoday is mondaynkorswim. today, we greet you. treat you. care for you. today, you can come to cleveland clinic for anything, everything or just to get that "thing" checked out. big, small, and yes, the

>> warren buffett does a lot of homework but not on this company. >> it was david winters who brought it up. that's when buffett went and looked at the proxy -- >> and decided he didn't like what he saw. >> exactly. we'll talk about that a little bit later. >>> also, he is widely recognized as the best boxer alive today. he is of course, floyd mayweather jr. he'll sit down ahead of his big fight saturday night. we'll get into that. bill might fight hill. >> yes. >> also some fascinating things he said this week about how embattled los angeles clippers owner donald sterling has treated mayweather in the past. some interesting comments there. mayweather has also taken some heat for those comments. he also is considering a bid for the clippers. there is going to be a lot news made out of that interview. >> when you think about it, they do have a friendship, he and donald sterling. that might give him the edge over others who don't know sterling from anything. >> it is hard to know if anyone's relationship with sterling will play a role at all in these negotiations. >> we'll ask the champ

join us monday for the first bloomberg interview with warren buffett.el aviv stock exchange was in turmoil. europe ino exclude the trading index. now it has a new boss. to him andspoke asked about plans to once again euroto the msci benchmark. >> the process was a constituents and ask them whether they should be in europe or not. we plan to go to the same constituents and mark the fact that these of the economies in so tight and integrated it is better for european investors. israeli banks are under valued. they are presenting an opportunity to invest. >> if you were a betting man, obviously you are, what would you wake -- rate your chance of getting integrated on the european benchmark? >> the next six months we will make a huge effort trying to do this. very difficult to tell. if we understand and can get to or constituents of msci commend a decision and try to market them. if we can compete on the european tournament and when it a few times, i think our economy should be part of europe. large -- abecoming larger group exchange? >> i think it is the r

>>gregg warren from morningstarthanks so much. >>thank you. thanks for talking buffett- paloza bill. still ahead-- what one market pro has discovered about a cable stock. a private viewing is next in chart talk. matt shapiro,president of mws capital, joins us for chart talk this morning. good morning matt. >>good morning angie. >>you tend to invest heavily in the stock market. you have a portfolio full of some popular names, maybe some not so popular names. and you've been doing well. what do you think about market conditions? >>it seems kind of slow doesn't it? like there's not a lot biting. but there's a lot going on underneath with heavy deal making activity and earnings that actually are ending up in this quarter to be better than what people thought. with the shakeout of the nasdaq and some of the smaller cap companies there are a lot of stocks at 6 and 1 year lows that have earnings catalysts and some of them have really been jumping on unexpectedly good earnings. >>one of the stocks that you're watching is discovery communications. this stock has not performed we

how it fits in with what warren buffett talks about? >> what do we know well where we can dominate the knowledge and understand the business. secondly, what price do you pay for the company and where is your margin of safety? that's the same theme that warren has. >> we have a global approach, we can invest in almost any type of security and we have what we call a trifecta and what we're really looking for is a business with improving economics. management that's working for all shareholders around like all us value investors, a low price. and you know -- >> margin of safety. margin of safety. >> and we think if you do this, what you do is stack the deck in the investor's favor. you take risk out of the equation and look at mario, he's compounded money for a long period of time. very little risk and he's made investors rich. >> there's no question that it requires staying power though because the other aspect is that if you sell something and you're taxable, but not tax free, you're compounding the deferred tax. that's what warren does.

he just needed a little help from a billionaire like warren buffett. he couple traveled to omaha, nebraska, for buffett's annual berkshire hathaway weekend and hit up all the billionaire's favorite spots before ending up at buffett's jewelry store. that's where the business icon tried to interest them in a necklace but pulled out a big surprise. >> might be more interesting. >> let's take a look. what do you think of that? >> after a few moments, the shock and a little nudge from the man himself, eric la font got down on one knee. >> will you marry me? >> of course i will! >> thank you. >> yay! [ applause ] >> she had to say yes. maybe warren will buy them a nice little present, too,. >> he owns a diamond store, too? what else does he own? apparently everything! >> apparently all of omaha, nebraska! >>> we have some winds whipping around the bay area today. i think that will be the big weather story into the afternoon. some of those gusts maybe 30 maybe 40 miles an hour. weather system slid through in the sierra nevada bringing some showers up there. ev

warren buffett, bill gates and charlie munger, we had a wide ranging interview where they talked about their views on the market. >> you have thousands of corporations, some of them are going to be poorly run and some run in a very self-interested manner by the managers. can be a correction, changes needed in corporations, but they're not going to do it themselves. >> charlie, i'd love to get your opinion about what you think about high frequency traders. is the book right that lays out for michael lewis, they are skimming off the top and it's a fi fixed market? >> of course, they have an advantage, cleverly obtained and of course, it does the rest of the civilization no good at all. it's functional equivalent of rats into a granary. no, i don't like it. >> charlie. >> it doesn't seem like it's much lauded because you really need the liquidity, it's not guaranteed to be there, so i'm not an expert on it, but it seems like a strange sort of profit. >> it may create more volume, but that's not the same as being a liquidity provider. they've gained a natural advantage just by figuring out

if you look at warren buffett, take a look there.kshire hathaway has taken a new 11 million share position. john paulson, also an 8.7 million share position in this stock, and then dan loeb at thirdpoint, put on a 3.5 million share position, all in verizon. on the other side, yes, david tepper's there, as well. he got rid of about 400,000 shares of verizon. so obviously, trades happen, everybody's got a different view. but for right now, scott, it looks like verizon and gm have a good amount of traffic going at least one way, for verizon a buy, and for gm it looks like a sell. back over to you. >> okay, dom, thank you so much. >>> let's bring in ken square, the founder of the 13d activist fund, a fund that returned 36% last year, by focusing on activist investor moves. so, ken, explain to people, the difference obviously between the 13-f and d. you track the ds more than the fs. >> yeah, we track pretty much the ds. the fs are 45-days delayed. ds, on the other hand, when an activist goes above 5%, they have to file a d within ten cal

warren buffett placing his bets on walmart according to the latest s.e.c.> portugal now the second eurozone country to exit its bailout and the prime minister told us that the path of reforms won't stop here. >>> don't forget, these three years were very, very tough. no one wants to spoil the sacrifices we have made. >> announcer: you're watching "worldwide exchange." bringing you business news from around the globe. >>> we've had two days of -- yesterday the worst day in the month for the s&p and dow. futures indicating this morning, don't though what we want to do. the dow is just at the moment on fair value really. as is the s&p 500 as is the nasdaq about half a point up. so not much direction coming from futures, not much direction coming from european equities either which are now around 2 1/2 hours into the trading session. ftse is off search points down 37 points yesterday. xetra dax off 0.1% and flat for the cac quarante and ftse mib is up 0.5%. ten-year yield yielding 2.51%. so with people saying we've got markets close to record highs as we were a

and the tensions in ukraine also contributed to that rise in prices. >>> and get ready for warren buffett's. the billionaire investor is expected to reveal his company's biggest stock picks today. investors look forward to buffett's quarterly report for insights on companies. usually he makes very few changes, buying value stocks and holding them long term. anne-marie? >> jill wagner at the new york stock exchange. thanks a lot, jill. >>> in sports miami heat is are one step closer to a three-peat. lebron james scores 29 points and dwyane wade adds 28, but veteran ray allen makes two huge plays down the stretch. he hits a three-pointer to give the heat the lead with 30 seconds to play. and with nets looking to tie the game in the closing seconds, allen and james team up for a steal to close out the victory. miami beats brooklyn, 96-94, winning the series in five games. >>> and a disputed call on a tech swing sends seattle mariners manager lloyd mcclendon over the edge. he gets ejected from the game before he even makes his way to argue with the umpire. after getting his money's worth, mccle

and the couple, huge warren buffett fans. >> is she going to say no at that moment?>> now, to the national zoo in washington, where four lion cubs are set for their public debut on friday. >> before taking their place, they have to pass a swimming test. zoo keepers put them in the water to make sure they can make it back to land safely. >> luckily, they all did. and now, they can meet their fans. we'd love to mention their names but the three boys and one girl don't have names yet. the idea is they're going to put them in the pen with other ideas. they might get knocked into that water. they can handle themselves. >> look how strong that little one is. >> unbelievable. >> got him out quickly. >> he didn't take long. i'm out of here. >>> and a man outside of pittsburgh wins this morning's award for worst attempt to get out of a parking spot. >> public fail at the miracle mile shopping center in monroeville. cutting the wheel way too early. he gets himself stuck. >> police had to show up and take a report because the man, as you can see, was dinging the car behind him.

he's cc'd is to warren buffett. this letter is a direct result of the interview that becky did and we did a day and a half ago when he called into the show, because dave winters is furious and he's now asking coke a couple of very pointed, let's say, questions. take a look at what these are. he says, we would like to know whether mr. muhtar kent or howard buffett, who is the son of warren and is on the board, made the compensation committee and the full board of directors awear of warren buffett's views on the 2014 equity plan. did mr. buffett speak with any other coca-cola directors regarding his view of the 2014 equity plan and if so, when? we'd like to know whether coca-cola reached out to institutional investors before the shareholder meeting to drum up support even after it knew its largest shareholder opposed the plan. if coca-cola did reach out to investors, did it state or imply that it received generally positive feedback from other investors? now, coca-cola says its compensation plan offers flexibility but

this weekend we are in omaha with warren buffett. we have a lot to talk to warren about.re. it is an hour earlier. before we get to all of that, we'll get today's headlines from andrew back at cnbc headquarters. andrew, i hope you had a safe flight back. >> thank you. i was with you over the weekend and had a great time. lots of questions for warren in a moment, but we'll get you caught up on the headlines right now because there's more violence in ukraine over the weekend. pro-russian militants stormed a you cre ukrainian police building. 40 pro-russians died in a blaze at a building they occupied after clashes with pro-kiev ou

warren buffett is giving away some money to [ male announcer ] now get more of what you deserve. visit your local benjamin moore dealer today and get $50 off every $250 purchase. [ male announcer ] to celebrate, visit your local benjamin moore dealer today and get $50 off every $250 purchase. >>> covering san rafael, south bay and all the bay area, this is abc7 news. >>> good morning, everyone, at 5:12. this is south to the exploritorium and you can see the flags waving there in the foreground and that is because it is breezy. high wind advisories on the bridges and leyla gulen and mike will have more. >> crews in north carolina are combing through the woods searching for a united states marine who fell from a military aircraft. the marine was taking part in a remain inial training mission and he fell out of the military plane last night. there is no word on why he fell out of the aircraft. the marines are conducting the search with local emergency workers. >>> a south africa judge ordered oscar pistorius to begin psychiatric evaluation on monday. oscar pistorius arrived at court

>> i mean, warren buffett is a big liberal democrat. i'm not surprised.is lined up hip mrs. clinton in this election and that's great. if i decide to throw my hat in the ring i would welcome the opportunity to good toe to toe. >> don't you fine -- find it odd that a big liberal billionaire like warren buffett, a fine human being, is throwing his money at a democratic candidate is all good with the media, the koch brothers, whatever they decide to do with their money or your friend, foster freeze, they're all but evil. does that bother you? >> well, it's the double standard that we see in the media all the time. that doesn't surprise me at all that if you're a liberal, that believes in big government, that -- and believes in redistribution of wealth, then you're a good businessman and if you're someone who believes in free enterprise and the ability for people to work their way up, then you're a greedy businessman. >> but you're all but a nut if your -- to respect life, to respect traditional marriage, and right away i can see right out the gate the media

speaking with both warren buffett which is coke's largest shareholder and david winters, the man who brought this issue to life. a lot still developing on this story. is coke backing off or not on that executive pay plan? becky will give us the very latest with bust-- with buffet and winters. >> boxing great floyd mayweather was supposed to be but cancelled at the last minute without a reason. i'm happy today, he says, i'm coming back and, boy, do we have a lot to talk about with mr. mayweather including the big fight tomorrow. also, his plans to try and buy the l.a. clippers, even while praising the clippers embattled owner donald sterling. don't miss this interview. i think i'll even talk a little bit about boxing. >> guess which one boxes? >> i do on the weekend. that's my form of exercise. >> i don't. >> let's check on the markets. red arrows for the dow jones industrial average. there you see it down about 42 points. started higher on the better jobs numbers and lost some of the momentum throughout the trading day. >> and a the dow needs to gain 21 points today to be at an all-t

buffett will be in omaha where 4000 children have submitted business plans to be in the warren buffettecret millionaire's club. the finalists will present their ideas to mr. buffett and a team of judges on monday. grand prize winners will receive $5,000. join us on monday for betty with warreniew buffett. the pace of home construction while 13.2% in april consumer confidence unexpectedly fell from a nine-month high. dean maki is a chief economist at barclays capital. he joins me from his firm here in new york. good to see you here. >> good to be here, mark. of that came from apartment construction. what does that tell us about americans' inability or lack of desire for purchasing single-family homes. >> there are a lot of reasons. the big reason is the homeownership rate in the u.s. has fallen substantially. those people who used to be homeowners are becoming renters. we are also seeing people move out of their parents houses, for theple and going into rental market. that is why the rental market is so strong. >> wages are flat. for all the talk of labor market gains, millions of ameri

slapped down by warren buffett's abstention on a vote that he considered too generous. tempered the plan after this, but buffett made it clear that there's no way he wanted kent gone. he's too good. i think that's why he didn't vote outright no on the plan. coke reported a knockout quarter. even though the company only delivered in line earnings, did manage to produce revenue growth of 4%. in part thanks to the strength overseas thanks to brazil, russia, india and china. coke saw improvement in carbonated soft drink pricing here in the u.s., which only expected to go higher going forward. what else? coca-cola generates mass amounts of cash and terrific at managing that cash. reinvesting it in the business to fuel growth, making smart acquisitions and joint ventures like their stake in keurig. after this run by dr. pepper. dr. pepper's yield's only 2.9% versus this very solid international grower. finally, there's pepsico, my favorite player in the group. not only does it have a terrific international growth story like coke, but it also has a fabulous snack business in th

liz claman will be interviewing warren buffett. only here on fox business. single david: the media is rooting for hillary. when the white house press corps said 58% believe that hillary clinton will be the next president. in second place, way down, jay bush, jeb bush, he only had 6%. with the media already thinking that her fetus the old, dd says this is all the proof that you need. there's no question that they are more democratic than republican. but compared to the obama fervor. the collective thrill, it won't be quite that much more exciting, as it? >> look at what jay carney dead. he was a carny and she's got a mess on her hands. look at what clinton said. look at what she did. >> in what way? but what lott did she break? she may have acted poorly, but why? >> if that is the case, we don't know. and it is a serious issue. ana lot of cover-up. and she is just as bad as nixon or clinton. >> we want to bring in our all-stars. she has to actually understand. it looks at the foolish things. >> but where is the leadership in the republican leadership? what is

liz: warren buffett was saying during his annual shareholder meeting was the way to change bad behaviorunish individuals versus the gigantic, faceless corporations behind them. >> reporter: he's right. liz: who knows if that's still to come, but it's very interesting to see -- >> reporter: real people and real consequences. liz: you brilliantly showed, 35 million is one hour of daily revenue for general motors. look, it dims the rule, but i will just say if you are a relative in one of those issues and they're dead, it doesn't make you feel very good. rich and jeff flock, thank you very much. it has been a seesaw day in the markets today with the sawing happening most he in the last -- mostly in the last half hour. look at this spike. as i mentioned, i think it was melissa francis' big discussion about women pay and new york times issue -- [laughter] because it happened right there. boom, moonshot for the market. just so you know, the dow jones industrials has crossed the unchanged line 64 times today. the s&p, this is a lot for the s&p, 28 times. here it goes, all over the place. all d

warren buffett says fans are getting gouged by hotels in omaha. >> he is watching out for the little s he is wont to >> warren, write a check. >> warren buffett assaying check omaha.bnb in he tells the "wall street journal" that he has grown extremely concerned about obama -- excuse me, omaha. that is a funny one. omaha is jacking up prices for the berkshire weekend. hotel operators are saying buffett is wrong to point the fingers at him, they are just being capitalists like he is. obama.bashed >> like i said, if tom wants to go after washington, that is ok. [laughter] alwaysand demand should dictate pricing. >> does this stuff matter? now.b, i am using uber >> at the margin, you are hard-pressed to say it matters. the convenience factor, if tom you can come into work everyday and feel more comfortable and do your job better, maybe it matters from that perspective. from a macroeconomic perspective, it is more marginal. worknding when i come to its top. >> especially when the winds are up, like yesterday with the rain. >> oh, boo hoo, tom. coming up on "surveillance," has big shoes to

hormones and housing, as only warren buffett could say it.y creation, which will mean more home ownership, meaning the housing market -- >> there is no aphrodisiac like warren buffett. that's what i like to say, nothing sexier than warren buffett. that's it for us today. that's it for us today. "new day" starts now. -- captions by vitac -- www.vitac.com >>> climbing, climbing, climbing, and there was a huge job. the lady three rows in front of me, she bashed her head. >> overnight, a us airways flight has a major air scare. six injured and the plane forced to land immediately. what happened up there? we hear from those on board the terrifying flight. >>> on the brink. the violence in eastern ukraine hits a new level. dozens killed as clashes, protests, even jailbreaks spread across the region. we're live on the front lines. >>> what went wrong? a horrible accident caught on tape. circus performers plunging from two stories high, nearly a dozen injured as horrified spectators watch on. we have the latest for you. >>> your "new day" starts righ

liz claman will be interviewing warren buffett. only here on fox business. only here on fox business. single my dad has aor afib.brillation, he has the most common kind... ...it's not caused by a heart valve problem. dad, it says your afib puts you at 5 times greater risk of a stroke. that's why i take my warfarin every day. but it looks like maybe we should ask your doctor about pradaxa. in a clinical trial, pradaxa® (dabigatran etexilate mesylate)... ...was proven superior to warfarin at reducing the risk of stroke. and unlike warfarin, with no regular blood tests or dietary restrictions. hey thanks for calling my doctor. sure. pradaxa is not for people with artificial heart valves. don't stop taking pradaxa without talking to your doctor. stopping increases your risk of stroke. ask your doctor if you need to stop pradaxa before surgery or a medical or dental procedure. pradaxa can cause serious, sometimes fatal, bleeding. don't take pradaxa if you have abnormal bleeding or have had a heart valve replaced. seek immediate medical care for unexpected signs o