Well change the recipes. I mean, that would be the last thing id want to do. And i back them up with my own cash. Its not always pretty. Do you want me to get in your face . cause thats your face. But this is business. Ive lost faith. We need to change dramatically. I do it to save jobs. Awesome. And i do it to make money. This the profit. Sweet petes is a candy store located in jacksonville, florida, specializing in chocolates and candy handmade by master chocolatier peter behringer. So you guys like candy . Mmhmm. Petes love of sweets began at the age of 12, when he started making candy for his moms shop peterbrooke chocolatier. I wouldnt do anything else. Family business was thriving, and life was good for pete and his wife, allison. But after a dispute, pete left the business and was forced to start over from scratch. The last 10,000 we had, we put into this business. Starting over required the help of a financing partner. My whole idea was, find talented people and help support th
Secretary talks to cnbc moments ago. Shares of Morgan Stanley are slightly lower, it would appear, ahead of the open. The bank topped revenue estimates by a billion on what was stronger than expected trading revenues and ev price war elon musk cutting the cost of teslas model s for a second time in one week, carl meantime, guys, got to take stock of this selloff here in the premarket, jim general take this morning is that the market is now catching up to what we know has been a problem in europe, and these lockdown restrictions in the uk and france are getting more serious. Dollar strengthening, some believe, because the situation here is at least better than europe on a relative basis. I think were importing their negative ty. I dont think it is going to last you cant make any moves to the positive until about 11 00 when you start seeing their markets peter out. It is one thing, it is very frightening when you read what is going on there. It is obvious it is a second wave it seems mor
It is hip to be square used to be at least. Lets check out u. S. Equity futures. Things are relatively flat and that isa good thing. A bit of a difference after the big swings weve seen. Right now dow futures up about 3, s p 500 up about 2, nasdaq up by 13. Of course this is after a done day for the m down day for the markets yesterday. Treasury yields are something to start paying attention to because we did see a pickup in treasury yields to the highest levels weve seen since june the ten year is yielding 0. 813 . And i know it doesnt seem like a lot, but it is the highest level weve seen in a while and there is so much that rides on that including mortgage pricing which has been a key part of what has been happening in the housing sector, a strong point in the economy so far. Lets get over to washington. Well talk about id call it a soap opera, but really it is a reality show and means a lot to so many millions before nancy pelosi says she is now optimistic that democrats may be abl
Cool. And now, a recent crisis has sent this couple reeling. Robbie i get a phone call from my doctor. The doctors like, come in immediately. Lemonis like that day . Robbie that day. Lemonis putting even more stress on the business. Julie that looks terrible. I never knew how much debt we were in. Lemonis . And their marriage. Robbie i get frustrated with you. Julie what do i do . Robbie the micromanagement. Do you not think i know what im doing . Lemonis if i cant get them to rethink their partnership and their business practices. Julie, i dont know that youre a good buyer. The future will be very bumpy. You dont trust him . My name is marcus lemonis, and i risk my own money to save struggling businesses. Were not going to wake up every morning wondering if we have a job. Were going to wake up every morning wondering how many jobs we have to do. Its not always pretty. Everything is going to change everything. But i do it to save jobs, and i do it to make money. This. Lets go to work.
[ glass shatters ] lemonis . His relationship and his business will crumble. You dont always think things through. Tonnie really . Lemonis yeah, really. Tonnie welcome to tonnies. First time here . Woman yeah. Lemonis tonnie rosier has always loved to bake, and he learned the craft from his mother. In 2006, he opened his first bakery in new york city, and he was able to land big accounts with retailers like macys and bloomingdales. But his business skills well, they were halfbaked. Tonnie im a little lost as to a notice of cancellation. Tamika didnt i just pay that yesterday . Lemonis tonnie was constantly borrowing money from his wife to cover rent and payroll. Erenisse whats the plan to recoup the money and at least break even . Lemonis hes already been forced to shut down two stores. And his current shop . Well, its already losing money. Tonnie we are at a breaking point. Lemonis the gourmet cupcake business is still thriving, and its a business i know well. And while fixing tonnies