the problem that sony is having is dr. luke is a star in the creative forces of sony, and kesha is saying i want out of my deal. and we are told that sony quietly went to kesha's people and said, look, we might be able to work something out if not only she drops her lawsuit, but apologizes to dr. luke. we are told kesha is saying she would rather ruin her career than apologize and back down from this. what sony was trying to do was give her an exit strategy where they preserve dr. luke, because he's being sullied by the allegations. let kesha out. but right now it blew up. dari: i'm sorry. i should have been more clear. i meant the deal cutting is what i meant. the behind the scenes deal cutting. that's something that does happen all the time where people get out of contracts, you know, for various reasons. but this is a nonstarter for kesha. steve: it doesn't seem like one of those situations where there's room for compromise. what she posted on social media, there's no way she's going to apologize. it's hard to see a suc

emily: we are going to take on sony? tony: i said we have to deal with sony. he's like, we're going to get sony. i'm like, but sony is number one in every audio category, in the world for personal audio. how are we going to beat it? he is like, no, we're going to do it. emily: you have become known as the godfather of the ipod. which, in a way, makes you the father of the entire product line. the ipod, the iphone, the ipad, maybe the watch. [laughter] but really, the ipod itself had such a dramatic impact on everything that apple has done since. tony: it was a big turning point, going from computers to consumer electronics, for the company. emily: what was your relationship with the steve -- with steve like? tony: it was very professional. there were times it was friendly. i would not say we were friends, per se, in terms of hanging out. it was friendly, but it was tough at times. it was a great mentor kind of relationship at times. and there were other times when he will call me on my crap or i called him on the crap -- he didn't like that. whether we were fi

sony was down 6.8%. an analyst warned that if production doesn't resume soon, apple's iphone 7 may be delayed. sony makes image sensors for ta down. oil prices tumbled after producers failed to agree to an output freeze. >> thanks very much for that report. many investors across the asia pacific region lost their appetite for stocks after the fall in oil prices. let's look at china. shanghai composite down. energy related shares led the losses. taiwan down. analysts say investors are concerned that supply chain disruptions may affect local semiconductor makers. looking at hong kong. most sectors ended in the negative. indonesia, kind of like the exclusion. a gain there as banking shares rebounded. they were sold friday after the central bank said it will adopt a new benchmark rate. japan is trying to get ahead in the asia of artificial intelligence and 3-d mapping. the government has draft aid plan to support r & d in the field as part of its growth strategy. the aim is to advance artificial intelligence

in a class-action lawsuit filed by former sony employee's. the personal info stolen and 2014. corporate secrets were also made public. it gives more than 400,000 people full identity theft protection through 2017. dari: more on janet jackson's digs social media announcement. and the governor of florida caught an earful at starbucks before he was able to make it dari: janet jackson has a bombshell announcement while postponing the second leg of her world tour. steve: all right, she said that she is doing it for family planning purposes but never said she's actually recommend. at 49ers older questions about how she plans to expand her family. reporter: she's still has moves rivaling anyone have her age. but now it sounds like jackson could be pregnant. >> i thought it was important you be the first to know that my husband and i are planning our family. >> she releases video message to her fans, letting them know that she postpone the second leg of her tour. >> to be good try to understand have to rest, that is doctor's orders. boater this man says that often women think because

look at what sony has for us. >> sony corporation announced today that after 30 years of research and collaboration with on. julian holtzman and dr. eg spangler, it has developed the proton pack. lisa: i love it. cory: they did not give us pricing, but good to see technological innovation has not stopped at sony. matt: that is a good one for the kids, but i heard there was an adult website prank. i heard you talking about on the radio. cory: the big business of torn cornnhub coming up with hub, and making every sexual pun they could. google -- the google might drop -- one e-mail that lets you stop the conversation and even create that would happen. it actually backfired with people trying to use it and it crash the system and they thought it was serious. lisa: there are some scary consequences -- it was basically a minion dropping a microphone, and the receiver could not respond. funeral homes were sending out e-mails and pressing the home -- wrong button, say we are so sorry for the loss of your loved one and the person was not able to e-mail back. somebody did say they lost their jo

honda and sony have halted production at local factories. microsoft suing the u.s. justice department over privacy. it is the latest step in a two year feud as they try to stop authorities from taking e-mails without customer knowledge. department using a 1986 law to prevent microsoft from informing customers when their data has been searched overseas. ,he market opening in hong kong looking forward to that gdp out of china, shanghai also coming on stream. david: factory output, retail sales, may even get data on new credit. anyway, a fairly busy day on top of everything else coming out of the region. korean jobs, the only one out so far. overseas remittances, singapore output out ofrial japan, exports out of indonesia, all mostly coming in the afternoon. some weakness in the offshore renminbi. the it is a fairly common site across currency markets. have a look at dollar-yen. it should show a similar looking chart, the dollar regaining momentum into the asian trading hours. equity markets as you would expect, trading down, sideways little bit at the moment, mostly f

first and third, something outside the control of sony. also, a sharp drop in interest rates leading to an adverse impact. analysts are still bullish on the stock, not necessarily the same view on the business itself. anr function on the bloomberg. , a 25% pop from where we are at the moment. let's have a look at google and alphabet. out with earnings overnight, hitting a speed bump. the company missed first-quarter sales, first-quarter profit, blaming weak growth in ad sales and thinner profit margins. the cfo was talking with analysts, and she is saying that there are certain costs associated with revenue, variable costs, and they have been going up as a result of broad changes in the business and environment. the result, she says, is more revenue, but at a lower margin. keep in mind that we are seeing some pressure in the after hours. the company is still the world's most second viable, five to $20 billion.- $520 let's have a look at the macro space. this, roughly and change from yesterday. there is the speed bump right there. that happ

>> somebody on twitter, it is like the real sony. people have these really silly things like the absolute actual sony. saying virtuiality will control. it doesn't control. right now the dollar is in control and sony, i would say this is hurting them. i think it is time to sell. skip it. don't trust your portfolio in the gap. no need. if it goes up, do some selling. much more "mad money" ahead. there was no deal in doha. what gives? plus, my homework is due. a health care name that has been highlighted as a takeover target that i now like. change of plans. and the inl lightning around is just in. so stick with cramer! show me movies with romance. show me more like this. show me "previously watched." what's recommended for me. x1 makes it easy to find what you love. call or go online and switch to x1. only with xfinity. >>> here's some news that could be so crushing for you so cover your children's ears. i'm be perfect. i am neither all knowing nor all seeing. because someone will call in about a stock i don't know. because this is the

sony also due out on friday, and of course it's already said that it's going to delay its profit outlook until may, and that's really because it's still assessing the effects from the earthquakes in southwestern japan. a quick look at other asian indeces which are up and run being right now. and i'm talking about the kospi and australia's s&p/asx. australia is up just a tenth of a percent. china opens in an hour and a half. very interesting to see what happens with the shanghai composite and the hangseng. that's it for me. >> ramin mellegard from the tokyo stock exchange. >>> women in japan face formidable barriers in the workplace. more than 60% quit their jobs after giving birth. and the percentage of female managers in japan is much lower than in other nations. now business leaders are beginning to realize something needs to change. this month, a law took effect with the goal of increasing the employment of women. in this three-part series we look at ways women build their careers and how some companies are changing to help them. today nhk focuses on the difficulties for women who wan

sony down, as expected. pushing its announcement on guidance out, saying it needs further time to assess the impact of the earthquake. onfits miss guidance by 10% friday. this is what we are watching on the mainland, hsbc singh downside, suggesting that it may need to restructure units. the construction machinery maker , its results were twice as bad as expected. rishaad: thanks a lot for that. commercial properties suspended ahead of an announcement as a billionaire looks to take the developer private. we've been tracking these developments. the plans are going ahead. what happens next? promised investors that he will relist in china by august 31, 2018. what happens next? ithe succeeds in taking private, he will start shuffling assets. this is a company that has been buying properties, selling assets, buying assets, buying into insurance companies, really diversifying, and i would say up to skating -- all you skating theay look different from company whose shares a been suspended today in hong kong. rishaad

sony was higher 6.5% after the company clarified that production of image sensors for smartphones is not affected. however, no word on the impact on earnings for the electronics giant. toyota and nissan bounced back after steep losses. a weak yen helped to drive the gains. the dollar rose to the 109 yen level during trading hours. leading the tokyo stocks were financial firms based in drau disaster-stricken area. they both showed strong gains. many investors are watching the outcome of the european central bank policy meeting on thursday. giang nguyen from the tokyo stock exchange. >> thanks very much for that report. >>> moving to other markets in the asia pacific region. the shanghai composite ended up by a third of one percent. 3,042. trading volume was the lowest in a month. higher oil prices pushed up energy shares. let's look at hong kong's index. jumping 1.3%. 21,436 hong kong dollars there. that's its highest close in more than three months. hsbc rose 3.7% after the bank said it's preparing for a potential share buy-back. moving to south korea. kospi gaining by .1%. key inter

sony, it is unclear when it will be back on line. sony produces imaging devices used in the iphone. honda motor has shut down production of motorcycles, and nissan has topped production at a plant because of lack of supplies. the market reaction today was immediate and dramatic. cement jump to a 6% gain on expectations the country will rebuild. at the same time, insurance toyotaes hit hard, sony, , both down between 5% and 6%. the impact ong toyota could be ¥30 billion in terms of quarterly profits. be lossesthere will going forward. it is unclear when some of these aftershocks will stop. as long as the earth is shaking, it will be hard for these companies to return to production in that area. and no doubt these aftershocks could cause more damage. how big is this impact likely to be? first of all, i would point out that many of these aftershocks are occurring at a impact depth, making the and force that much greater, so these are serious quakes in themselves. i think we heard earlier in the show that some economists were estimating the damage at $56 billion, that is still very ear

. >>> over in tokyo stocks fell after worry over sony and mitsubishi are delaying earnings reports. the question is why. we are joined by nhk's makiko. tell us more. >> yes, sony fell 6% after announcing last week it will delay reporting its earnings forecast for the current fiscal year, which was due this week to sometime next month. it says it needs more time to take into account the effects from the earthquake that hit southern japan earlier this month. sony's factory in kumamoto, which was the main area hit by the earthquake, was producing sensors for additional cameras in smartphones including iphones and the production line was damaged by the quake. and it is still unclear when it will be able to resume operations. the factory suspension could affect the company's divisions that deal with imaging, which hold around 20% of total sales. >>> meanwhile, mitsubishi motors which is in the middle of a scandal for replacing field economy data fell 5% today after plunging 13% last friday. the carmaker's scheduled to announce earnings on wednesday but there are speculations the earnings

uncharted 4 will be a blockbuster for sony, it would be fantastic. the other is that virtual reality is on its way. we sauce oculus and ht -- and we believe the leader will be sony. it's really compelling. that will come out in the second half of the year and that's part of what our growth plan is for the second half of the year with sony as well. >> thank you, paul, for coming on and outlining the investor day, and a lot of terrific stuff is online. paul raines, ceo of gamestop. thank you. >> thank you, jim. >>> good yield, value play. "mad money" is back after the break. >>> it is time. it's time for "the lightning round." thank you call in with your -- and -- [ buzzer ] >> are you ready skee-daddy? why don't we start with joe in iowa. >> caller: this is joely waterloo. i was curious about nordic american tanker. >> a ton of business, it's very good, and the tanker business in general is strong. the yield is safe. alan in indiana. >> caller: how about williams company? will it rise or -- >> with the pipeline, david faber and i talk about it all the

sony certainly has been depressed ever since it was hacked. and although it may not be super cheap, it's certainly a contrary name. however, they've done a terrific job with their virtual reality. there's more programmers writing code for them, they have more apps available. you'll see certainly with playstation the utilization of it. i think they're well ahead of facebook and google and others as far as pure virtual reality is concerned. plus they have a huge library which they can interject into their virtual reality scheme. >> another name that is not by any means a pure play in this category would be mike soft. i guess this is another way that you can almost hedge your bet by investing in a company like this one, right? >> absolutely. both are sort of risk off bets to them. microsoft -- i expect virtual reality to take off starting next year and be a $200 billion business. who knows, we may get another apple emerging out of it. microsoft is also large in the business. theirs of course is more augmented reality. and certainly with their hol

. >> and sony said it developed the first ghost catching device, sony says it will appear in the u.s. on july 15th, and the release date is the same as the ghost buster's company. >> toilet paper maker said it's rolling back to rustic weave. >> we should go back toc3cwz future. >> yahoo posted a prank saying trader joe's will close stores by next year. that prompted a backlash online. it's not clear why yahoo decided to pick trader joe's. google removed a send button to allowq users to end an e-mail b dropping the mic. everyone would get the message but couldn't çrespond.fo1 several people reported accidentally losing friends and their jobs. >> sometimes, it can backfire. >> next at 6:00 why family members are furious about the plan to move pash wrents with mental illness. >>> and we have an update on breaking news we brought you during this hour inr> san francisco. melanie woodrow on the scene of melanie woodrow on the scene of this fbi raid going on that's why you drink ensure you don't let anything keep you sidelined. with 9 grams of protein and 26 vitamins and minerals. come on

. >> and sony said it developed the first ghost catching device, sony says it will appear in the u.s. on july 15th, and the release date is the same as the ghost buster's company. >> toilet paper maker said it's rolling back to rustic weave. >> we should go back toc3cwz future. >> yahoo posted a prank saying trader joe's will close stores by next year. that prompted a backlash online. it's not clear why yahoo decided to pick trader joe's. google removed a send button to allowq users to end an e-mail b dropping the mic. everyone would get the message but couldn't çrespond.fo1 several people reported accidentally losing friends and their jobs. >> sometimes, it can backfire. >> next at 6:00 why family members are furious about the plan to move pash wrents with mental illness. >>> and we have an update on breaking news we brought you during this hour inr> san francisco. melanie woodrow on the scene of this fbi raid going on >>> we new information now on the breaking news we've been following since the top of the newscast. >>> an fbi raid on a home in san francisco's visitation valley i

. >> ♪ >> national headlines, settlement in the massive data breach at sony pictures tops our national news. >> a judge has approved a multi-million dollar settlement in a class action lawsuit filed by former sony pictures entertainment employees. their private information was stolen in the data hack. the us government blamed the hack on north korea, but us district judge ruled on an agreement that gives roughly 437,000 people impacted by the breach identity theft protection until next year. highly sensitive personal information about current and former sony entertainment employees was stolen, and posted on line in the 2014 hack. >> the federal aviation administration is being asked to relax its rules on drones. right now operators are largely banned from playing drones over people. the rules are meant to minimize potential injury to both on the ground, of course, but that could change if a panel that included members of the drone industry airlines and realtors get their way. under the group's proposed rule, drones would have to fly 20 feet above people's heads, with 10-foot buffer spa

say the gopro, but sony has the long, long history of the cameras and lenses and experience. so it was really fun to sort of sew people that there is another option there. i mean, between them and my partnership with many in the last couple of years, it is amazing, because i have had a whole new opportunity to be in marketing and advertising that i never dream ed of. >> and one of the most fascinating things about tony hawk, think about it, if you have never been on the skateboard, chances are, if you are, i don't know, 20 to 50, you know who tony hawk is, and not a lot of the athletes can claim that kind of the brand strength. michael jordan and mike tyson and joe montana, and wayne gretzky got bigger in their sports, but i asked tony hawk how he was able to build a brand of that strength, and technology had a lot to do with it. take a listen. >> well, video games was huge with my name on it, and it is transcended the action sports, and they liked the video games. some kids think that i'm a video character and not a real person. >> on stage here at emerge, he told me that ac

director of the fbi discuss this very publicly today when he spoke about the cyber attack in 2014 on sony, that amounted to an attack by north korea on the entertainment giant, it was like physically dropping a bomb on the company and destroying all of the computer networks. >> this was north korea, unhappy with the contempts of a particular film that sony was about to release and before it could be broadcast and they quite literally shut a whole company down because they didn't like the contemnts of a movie. >> the fbi director also talked about san bernardino and the decision to go to an outside contractor and purchase this third party technology at a price of more than a million dollars to get that phone open. as we have reported widely here on fox news, that technology is limited to the iphone 6-c. we have now had two senior administration officials just in the last couple of days really describe how the number of foreign fighters has begun to drop. i hesitated there because that would be the impression that the military campaign and iraq is some way decreasing those numbers. what we

first, they purchased a ranch in long beach called ranchos los alamitos -- ranchos lous sony kos -- los soritos. andived there with his wife he invited other of his bixby relatives to come down to the ranch as well as some of his wife's relatives. when the cousins the came down to help joseph xp was john bixby, a young man from maine -- joseph bixby was john bixby, a young man from maine. he was quite young when he was on the when he ranch, he was learning how to become a rancher and he met joseph bixby's sister-in-law, susan hathaway and he married susan hathaway. --t righteous los alamitos when ranchos los alamitos became available, john and susan purchased it along with partners including joseph bixby. -- theyame the first became ranchers in 1878 and purchased the ranch with harner's in 1881 -- partners in 1881. the bixby's had two children. after inheriting the ranch from their parents, the siblings tried to operate the ranch for themselves, but it did not work out so they divided the property between them. fred bixby inherited the ranch house and he continued to ranch here, ranging

sony will release the forecast in may. shares haveotors dipped again after losing more than 40% last week over its fuel efficiency scandal. the carmaker -- for your running reports. that is according to people familiar with the matter. they said they need more time to measure the effect. that is your bloomberg business flash. anna. kong.david ingles in hong carmakers are gathering for the beijing show under the dark cloud of the fuel efficiency scdals which have encompassed vw and mitsubishi. china correspondent tom mackenzie is there. very good to see you. you have been talking to executives from the car industry this morning. hi. high -- we have been talking to executives at daimler and volvo. they say they have checked the emissions standards. they are concerned where regulations go from here. an increasingly regulatory presence. it may have some impact. this is coming at an event where the focus was going to be on electric vehicles and suv sales and big cars rolling out here at the international auto show. what we're h

. >> the sony building in manhattan is being hold to a pair of international property investors. the groups will buy the building known for its distinctive notched top. the sony building is currently owned by a group which had planned to convert it to luxury condos and a hotel. the new buyers are expected to keep the building as a commercial office space. >> pretty distinctive building. >> still to come, voters in five states head to the polls and the stakes are high for presidential hopefuls primary expectations. that's coming up in a few minutes. and could tiger woods be back in time for the u.s. open? fans are hopeful? details in today's sports round up. as we head to break, here is the national forecast from jen carfagno. >> starting with a dangerous situation setting up across the plains. large hail, baseball, even softball side hail. and also a risk for torntds. listeni the threat going up into the evening right here from nebraska, kansas into oklahoma and down into texas. also storms with small hail possible in the ohio valley. and the mid atlantic, risks for thunderstorms

because sony just announced they're making an animated movie about emojis called "the emoji movie." i just hope it's as creative as that title. and sony recently held a press event where they revealed some key details: the whole thing takes place inside a phone. which is convenient, because that's where most people are looking in a movie theater these days. but you got me thinking -- (applause) -- if you can make a movie about emojis, why not just turn all movies into emojis? (laughter) for instance, if you text a friend scared face, boat, fish, bigger boat, now they've just seen "jaws." (laughter) (applause) or, if you want to explain the entire plot of "the martian," just text rocket ship, poop, french fries, and it works on all kind of movies. in the horror genre, send. vhs tape and skull-- that's "the ring." or on the lighter side, text out smiley guy, smiley guy, dead guy, sunglasses, which i believe was the actual script for "weekend at bernie's." (laughter) (applause) perhaps you send and two girls holding hands, ghost, bath tub-- that's "the shining." (laughter) for "boogie

toyota, sony and honda all temporarily closing factories in the area. nicole: second time in a week a russian jet has come too close to a u.s. ship or aircraft. last tuesday jet bussed and now dangerously it was close on thursday over the baltic sea and it came to close that the wings were just 50 feet apart. fox military analysts say u.s. is not doing enough to prevent these incidents. >> you've got to create a detuirns -- deterrence that will stop this kind of behavior. we are not doing. it has to be in europe with aircraft on the ground making certain that putin knows that eastern europe is hands off and if he moves on it, the united states and nato are going to respond. nicole: the u.s. jet was operationing in air space and at no time crossed into russian territory. lauren: another showdown for president obama before the supreme court. the high court considers whether obama overstepped authority when he took unilateral action to allow millions of people in the country illegally from being deported. 26 days by led texas to block 2014 immigration plan

sony has made one of its plants, confirmed there was no damage. the one utility that offers nuclear plants in the city also reported no damage to its nuclear plants. a carmaker, a tire maker, and a beverage maker halted production. just a few other moves we are following, to give you a sense of changes of analyst ratings. you can see what had upgrades and downgrades. this is what asia looks like. the benchmark is lower, first time in eight days. that is what you get when markets have one of their best weeks so far this year. a lot of these markets are at year-to-date highs. emily: new developments in the trial over sumner redstone mental competency case. they say he will not have to testify next week. case, over whether his ex-girlfriend should be reinstated as his health care agent. the drama went from the court -- courtroom to the boardroom. the new ceo of viacom is having trouble gaining support from the creative's at the media giant out with a new vanity fair story. william joins us now. what do you make of this decision that redstone will not

if the pc thing is scaring you sony has playstation where you use your actual playstation so you don't need a pc and sony allows you to have a head set and game controller and the same game controller you use with your regular playstation and all the games you would normally play the you already have are playable through the head set so that is supercold. ines: i don't know there's something like this out there but if i'm sitting there i can't travel to places far across the world. i would love to go to venice every day but i can't. is there any kind of -- >> plenty of travel. this is different, it is $99 and you use your samsung galaxy phone or note or f7. ben: you insert it in their. >> it goes here. this is a galaxy note and this is how it works. what is cool about this is $99, powered by oculus and you have a lot of opportunities, you can go anywhere, you can scale everest, watch 3-d trailers of any movies or three -- 3-d movies, and incredibly clearance, plug-in head phones, the audio is outstanding. ben: have you tried oculus rift? compare -- this is much less expensive. >> put a

en la liga americana los atlÉticos borraron de la alineaciÓn como abridor de juego a sony gray por problemas estomacales. a ser padre de marco fabiÁn de la mora dijo a univisiÓn deporte que su hijo no tiene afinidad por resentimientos contra los mexicanos de nuevo tÉcnico. y a marco fabiÁn le tocÓ pagar platos rotos. y es que el estratega todavÍa le duela la eliminaciÓn de croacia en el pasado mundial a cargo de mÉxico. los chivas estÁn de regreso plano protagÓnicos, anoche ganaron, buscaron y golearon y de paso golearon. la figura del partido lÓpez, jugador penetra dando declaraciones. la razÓn de su tÉcnico. >> ustedes querÍan las palabras de chopi , pero no va a hablar porque asÍ lo empezamos a engrandecer cuando jugÓ solamente 35 minutos. es obligaciÓn mantenerlo y alimentarlo para que siga creciendo. los golden state worriers se han puesto a 3 puntos de los toros de chicago. hablando de mortales ronaldo, paolo rossi, claudio suÁrez serÁn investidos este aÑo en el salÓn de la fama del fÚtbol en pachuca. marÍa leticia: enfermarse podrÍa ser un lujo. las principales

sony is plunging today in tokyo trading. after stopping production at its plant in kumamoto. the stock is down almost 6%. the finance minister said he was monitoring the impact of the disaster. it was hard to estimate. yvonne: coming up is the need for speed. i get behind the wheel of a lamborghini. no agreement among major oil producers. will they recover later on in the year? we will have the details after the break. ♪ yvonne: the much touted meeting of oil ministers ended with no agreement. we are seeing futures down about 4.6%. we will look at more on the oil markets with neil beveridge. there was so much optimism leading up to this opec meeting. now, no deal. what comes next? neil: it is very disappointing that we would not get a deal with rate cuts coming into this. will come next is obviously the meeting in june where they will try again. to see if they can agree to cap production. what else will happen in the oil markets is that we are moving toward a rebound of prices. demand is still relatively strong. is are in a natural rebound. yvonne: will we continue to see p

jon: cheryl for sony, thank you. heather: fox news is america's election headquarters with an in-depth look at the superdelegates now pledged to support hillary clinton. she holds a nearly insurmountable lead over bernie sanders because of those superdelegates who are leading members of the democratic establishment. so why aren't democrats getting the same as republicans over there delegate selection process? more on that from washington. hi, peter. >> a big part of the platform is making sure everyone gets their fair share but voters are worried that party primary system isn't so fair to all candidates. since that party is made into superdelegates sort of like the delegates that voters sent to the convention in their states convention since those superdelegates are allowed to back whoever they want, even if it's not consistent with the will of voters. this is something that may or may not make a big difference in the end. >> the superdelegates have never mattered. in the end, if somebody is getting the nomination by

and we talked about a other companies that he admired and in the book, he said that he admired sony, but it is decades ago, and the company now that he admires most is apple. >> well, at the time, sony is what apple is now, and so we respect apple more than any other company. >> he also shares a kinship with apple who went public a week after nike back in december 1980 at $22 a share which is why knight wanted that to be the nike's ipo and tim cook is on the board of nike and they share a hot of the same cultural, and it is what i press the ceo of apple on, parker, and he always hints stay tuned, something is coming. >> my thoughts of his thoughts on trade and, the, the -- and ttp and the sales standpoint, jordan is more profitable than when he was a player. >> yes, and the most highest selling and hottest sneakers are the sneaker for jordan and they have more of that jordan brand coming up. and he was not mentioned much in the book, and it covered the early part of the story. and jordan not until the 1980s. >> you talked about entrepren r entrepreneurship of whether the u.s. is the

sony says full-year operating income came in 9% below its forecast. they booked a $543 million impairment for the unit that makes sensors and lenses using cameras and smart phones. sony is assessing what impact last week's earthquake in japan will have on earnings. it is game over for microsoft's xbox 360 p they plan to stop making the game console and it will not be available after stores sell out their stock. microsoft sold 80 million from 2005 to 2014. many of the games designed for the 360 can be used on a newer turbulentarry the first quarter on wall street has taken its toll on the real estate market. home sales in the hamptons they'll to the lowest level in three-years. would be buyers of beachside mansions stayed on the sidelines, sending purchases down 19% with the average price falling to $895,000. that is the bloomberg business flash. tom: we are showing this chart through the day. the queen's birthday. it is wonderful to have alberto gallo with us. this is 90 years of the dow. chart,ression, the long slope matters. the thatcher years in bl

sony says the forecast will be pushed back until may. it says damage from earthquakes may hurt operating results. there's talk of a deal that would unite two of europe's biggest aerospace companies. saffron is considering an offer for zodiac aerospace. saffron is best known for its jet engine deal with general electric. zodiac is one of the biggest makers of aircraft seats. bank may helpl financial institutions by offering a negative interest rate on some loans. that may happen along with a decision to make a deeper cut to the current negative rates on reserves. such a move may raise questions about getting subsidies to commercial japanese lenders. that is the bloomberg business flash. tom: thank you so much. time now to do some geometry. we do that with lawrence hathaway. we talked about central banks. karen, wonder over here to the bloomberg. this is not from the bloomberg. it is from out on the web. this is what larry learned long ago and far away. we in the media spend most of our time on the orange line, where everybody living out t

is a barely down. >> cars are barely down, but sony is getting hit. they've made a big bet on the camera chips for phone. they've been getting out of money losing businesses and concentrating on-- >> hold on a second, on the japan quake, now look at apple. the company that sakes the iphone 7 camera module was hit to the japan earthquake. >> sony has been sinking a lot of money in the expansion. a lot of phones are going to dual cameras, and that's doubling the modules you need. they're putting a lot of money behind it and getting out of consumer electronics, where they're getting killed for years. stuart: that's part of the story. so i want to get back to the apple iphone. i am told, we've got reports, cheryl, that demand for the iphone is sluggish and there are other reports that say they feel' leveled down, moved down the production schedules. >> they have, and that's this story also out of japan, which jack was talking about. the suppliers, a report in the newspaper on saturday that the japanese suppliers got notices from apple, apple not confirmin

. >> judge has approved a multi-million dollar settle in a class action lawsuit filed by former sony pictures entertainment employee. private information stolen in the data hack. us government blamed the hack on north korea, a but us district judge ruled on an agreement that gives roughly 437,000 people impacted by the breach identity theft protection until next year. highly sensitive percent mal information about current and former sony entertainment employees was stolen and then posted on line in the 2014 hack. >> country legend died on his birthday. said the country music icon died in california of pneumonia, known asthmas err full guitarist, fiddler, songwriter, you name it, also great singer recorded more than 40 years of music releasing dozens of albumns and number one hit, mel haggard dead at the age every 79. >> tonight is the night, final american idol will be crouds, and the show will say its final farewell. we sent our very own jenn fred out to hollywood for all of thing. >> so she caught up with former idol contestant, kris allen, and asked him to dish on the craziest thi

she claims luke violated her human rights and that her contract with sony was akin to slavery because sony would let her work with other producers but the judge didn't believe her claim that she was raped by doctor luke and she had denied it back in 2011 deposition. the judge also said the alleged incident happened outside new york and passed the statute of limitations. doctor luke has denied denied any abuse toward kesha but a lot of people who worked with to say. a chance to win tickets to see hamilton has returned to times square. >>ben: there are a few changes. the show is once again offering it popular live lottery drawing outside the richard rodgers theatre. the only twist is it's only being held for wednesday matinees. hamilton hopefuls can enter the live lottery starting at noon each week. at the theater with a ham for ham performance at 12:25 and the drawing at 12:30. lottery tickets cost just 10 bucks and those tickets now going for a couple hundred dollars. >>juliet: i'm more into. >>ben: that share we told you about, the jk rowling sat on while she wrote the first two harr

sony saw a bit of a rebound, climbing the most in two months on tuesday. concerns eased over supply chain disruptions. we need to get a check on some of the bank shares, financials and that's after gold mman sach shares rallied in the u.s. after it beat expectations. let's get an idea on how oil is trading. u.s. crude futures touched $41 a barrel. let's get an idea of currency pairs as well. dollar/yen top of the screen, 109.12. it's also going to be a focus on the european central bank policy meeting on thursday. a look at the markets open across asia pacific. kospi is up half a percent. currency sensitive to oil price movement will remain a focus. australia dollar was firming. we'll keep track of all of that. for now, back to you. >> thanks for that report. >>> japan has a surplus of apartments to rent. tenant abandon from making renovations. here is a report on the popular trend of do it yourself apartments. >> reporter: salary man rents an apartment in tokyo. it's a so called diy apartment. he's decorated the walls to his own unique taste. >> it's a wa

sony also ended lower. corporate performance also moved shares. japan's biggest brokerage posted a loss in the january to march quarter. the stock was among the biggest losers for the day down more than 10%. market players had a lot of data to digest before the long holiday weekend here in tokyo making for some of the volatile moods. giang nguyen reporting from the tok tokyo. >>> shanghai down to 2,945. investor sentiment cooled off. taiwan's tiex down by a percent, 8,473. high-tech shares stumbled following a decline on the nasdaq. hong kong. hang seng bucking the trend up by .1%. property shares led the gains there. australia up by .7%. investor sentiment rose on speculation that the central bank will cut rates next week. >>> japanese government officials have published a batch of figures for march that suggests the economy is faring well in some areas but less so in others. industrial production was up 3.6%, due in part to an increas in transport equipment and orders of semi conductors from south korea. the unemployment rate came in at 3.2%. an

. >> hey, sony.>> h, sony. down her -- tony i'm herewith le music man. m. tell us where were you this afternoon. what was your reaction whenr you heard the news. >> this is definitely one of those days you're not goingrear forget. forg i was at home eating someing s cheerios at the time.erios at te we got the news it flashedtsh across the tv.v. we immediately got up and came c to the station and paidnd pai tribute to the magical man,ican the man that goes by the nameam of prince so we had to do thatoa in a big way today.ayoday >> reporter: nonstop princestop music here.music here. you also decided to put together a prince tributeribu party this afternoon.fternoon. tell us about it.tell there are tons of people here.oh >> people are out. it's one of those days. like guy said this is thehe biggest guy ever. er. i michael jackson was trying toint out do prince when he passedpa away. prince had done 12 shows,ws michael wanted 13.anted prince s-,.pr >> reporter: he really set hly the standard.standa >> set the standard. he is the standard.taar he going to be the

jn: this ath eme o e pricbity i sony advi erybody wahi t sw gba a lok such ebg'pie abt how sal the omatn d e ris thgsoi o thwhe ocs cload so mhmyer a 'reot tainabt soh rona suaon. now lells eryngwill, does ste veomarneyzti lehat nodyunrsnd weren eagwhe esblishmtoesreot gog bsuectoheil of t pple. f aa ro prality ey wilnobe abltoteal e miti. ty sto wt e te y atbyta. lte iis wrd coisn. a c plmafo ce inow andlacatch ? 've fli othbas u's evabit h disns, its tough in for narto men d . pten wcoba, oi he ucah onve me. werelsonhead a blmberg rad. wwi brit ck ♪ ♪ hnitaseea azwe pits. a cs mpgnanerha enrresteonattery chge a daltrp i e dd oth azdete abt oron tta aboutllf thismece whito amo, 's egilrt boil, u ve a n pce thpaioaninnsy r beieanrs andhaitig anorhi re? ph:wionn a staha haa sty ogsse tism nto adhaqute esrd, d loofis vontrs snoayo w wi ty volueefor hiar inn,hemanoev ve fohe amo rl tipath binuprts r lly, shhanocoin tm at she cabehetaarear fothaus standfo treas tngn 08 ca tu' -"ni my ishathsa tnge e senger ph: wdoavfeenbuie baerouthe ki pne cas r m. th dothatoo ator r r d eyreot coind h.

military is joining relief efforts, toyota and sony are shutting down factories in japan this week as the recovery continues. the road to the presidential nomination runs through new york on tuesday. a cbs battleground tracker poll out today shows donald trump with a wide lead in his home state. if it leads, he would add to list overall lead. on the democratic side, our poll shows hillary clinton ten points beyond bernie sanders, clinton still has a commanding lead in the delegates count. julianna goldman has the story. >> reporter: be hillary clinton and bernie sanders kicked their campaigns into high gear. even though he's trailing in new york sanders is not letting up. >> make if you make $225 in an it's like to live on $10 an hour. >> reporter: the vermont start wants clinton to release text of her speeches and she says she will. >> i'm just concerned there's a changing set of standards for everybody else but me. >> the democratic race is gettinggetting nastier than ever. protesting outside her fund raiser with george clooney but she says she and donald trump can unite their party

tokyo and sony ended higher. yahoo! japan was up and verizon plans to make a bid for japan's yahoo! business. shares were up more than 6%. shares on retailing nose dived and held the nikkei to some extent. it fell 12% on weak earning results. now investors are likely to be playing it safe until l later ts month w when the u.s. federal reserve and the bank of japan both hold policy meetings. >> thanks very much for that. moving on to other markets. in china the shanghai composite dropped by almost .8 of 1%. sidney's s&p/asx 200 dropped by half of a percent. it was a mixed picture overall in the region, hong kong gained a third day by half of 1%. financials led the way there and stocks rebounded from their lowest point this year. indonesia was down meanwhile by .4 of 1%. china's growth is a major concern for investors around the world and next week we'll get the nation's gdp data for the first quarter of the year. last year growth slowed to a 25 year low. leaders set a target in the range of 6.5% to 7% down from last year's goal around 7%. government officials have promised to press a

. >>> singer kesha will not be let out of her contract with sony. a new york judge dismissed the suit. saying it is beyond the statute of limitations. dr. luke has never been charged and denied the claims saying he never had sex with the singer. >>> it is time to get down to business. more than 40% of americans who owe a combined $2 billion in student loans aren't making payments or are falling behind. the figures come after a decade of accelerated borrowing. >>> ivanka trump's line of scarves have been recalled. issued the recall of 20,000 scarves all made in china. >>> and in light of the brussels attacks and the refugee crisis, european countries are looking to enhance security and fight terrorism. the commission is looking to log facial images and fingerprints of those who do not have an eu passport. it's similar to the department of homeland security. it's expected to go into effect at 2020 at a cost of nearly $550 million. >>> just ahead, ellen weighs in on mississippi's religious freedom law. plus the legend struck gold as the next generation