She is a competitive teaching competitive eating champion. Her rise to the food clean and the business of competitive eating. All that and more open the next hour. First, headlines with carol massar. Constellation brands out with earnings today. The company Beat Estimates and raised the forecast for the year. The stock higher on the day, gaining more than two percent. In the meantime, it is official. Tyson foods acquiring phil scheier or 7. 8 billion. Acquiring hillshire. Mark fields will be paid salary nd bonuses as much as 5. 25 iemilchang. In reort sa fein this year. Intety. Look at the top is not spying on aca nes to sure citi arecong headlines this hour. Me changes. Back over to you. U. S. Employment climbing by the most since november 2012. This according to data from the adp research institute. Tomorrow morning we will get job numbers on the u. S. Labor department. And how the us more Federal Reserve might react to tomorrows scores is josh wright. A former strategist at the Fede
There are signs of improving weather on the weekend. Ill have more on that in 12 minute. Here is your traffic with your man, sal castaneda. Steve, happy friday to you. Today, we starting off with some moderate news. Most of the commute is nice. We are looking at the east shore freeway. Taking about 18 minutes. There has been no major problems. And also looking at the bay bridge toll plaza westbound. They had an accident blocking lanes. They have opened up some of the lanes. But a couple of the lanes are still closed. If you are driving out of San Francisco to the airport, you should be aware. Right now its a good time to get on 280 instead. Use 280 to 380 and you will bypass this problem now. The northbound lanes shouldnt be effected. But again if you are driving on 101 out of the city, there will be some delays associated with this crash. Lets go back to the desk. Steve just told you another round of rain moves into the bay area this morning. And there is a chance we will see flooding
Johnson with a look at your bloomberg headlines. Mogg suingder of beats. Apple is in advanced talks to reported 4. 3a billion that could be announced next week. Apple supplier foxconn says halting production of the vietnam fact rant on monday for safety precautions swepta wave of protest the country. Rights broke out at various factories over an oil rig. Rebranding it as terminal Samsung Galaxy s5. They will deck up the terminal from end and with Digital Screens showing the new phone. The promotion starts on monday. Back to the lead story of the day. A rocking time in the Public Market but valuation of many hot startups are soaring and show no signs of cooling off. Uber in talks to raise a more funding nearly tripling its valuation from just last year according to people with knowledge of the situation. In the meantime, pinterest has just raised another 200 million giving it a valuation of 500 billion up in just the last seven months. Are these Companies Really worth this much money .
First, editoratlarge cory johnson with a look at your bloomberg headlines. The founder of mogg suing beats. Apple is in advanced talks to buy beats for a reported 3. 2 billion that could be announced next week. Apple supplier foxconn says halting production of the vietnam fact rant on monday for safety precautions after a wave of protest swept the country. Rights broke out at various factories over an oil rig. Samsung is rebranding it as terminal Samsung Galaxy s5. They will deck up the terminal from end and with Digital Screens showing the new phone. The promotion starts on monday. Back to the lead story of the day. A rocking time in the Public Market but valuation of many hot startups are soaring and show no signs of cooling off. Uber in talks to raise a more funding nearly tripling its valuation from just last year according to people with knowledge of the situation. In the meantime, pinterest has just raised another 200 million giving it a valuation of 500 billion up in just the la
Right . This quarter did nothing it did nothing at all today, at least, the dow climbed 135 points. S p gained. 7 . Nasdaq vaulted 1. 04 . Wow, breaking that streak, huh . You know what, i say good riddance to the first quarter. Because this market slaughtered some of the best highest growing companies and saluted the down and dirtiest industrials and techs that have yet to show any real growth. Im telling you. Now, what they did, they went out of the good and into the bad, and im tired of it. But thats the way it is. Ill talk about a rotation later. No matter, nobody i know was really talking about much about the market today anyway. They were talking about a new book. A book by one of the great writers of our time Michael Lewis entitled flash boys which asserts that highfrequency traders have rigged the market. Rigged the market against you. Do you know what i found was most shocking about this book . How about the fact that anyone finds it shocking in the first place. If you watch t