soon as you're done, the next one opens automatically. [ laughter ] kfc was forced to apologize this week after a customer was served a bowl of gravy with a label that had explicit language. i'm guessing it said, "who eats a [ bleep ] bowl of gravy?" [ laughter ] [ cheers and applause ] general motors has announced they're recalling 32,000 cars, primarily buicks. so if you're a buick owner -- [ yelling ] gm is recalling buicks! [ laughter and applause ] and finally, according to a new study on migrating tree frogs -- wait. i'm sorry, i could be wrong here, but i think i smell some smoke and that could only mean one thing. it's time for "ya burnt!" ♪ [ cheers and applause ] >> seth: welcome to the burn zone! we've got a lot of topics to sizzle through and not a lot of time. over here is the burner. let's turn on the gas and load 'er up. woo! [ laughter ] first up, american apparel. hey, american apparel, you just declared bankruptcy. i suppose we should have figured you were broke when you stopped feeding and clothing your models. [ laughter ] and how come there's no apparel in the

. >> this is not kfc. >> a new hampshire person that did that. >> scary polka up next. [ screaming ] ♪ haunted houses creaky doors blood and guts and oozing sores ♪ ♪ that's the halloween polka ♪ costumes that your mother made, witches goblins i'm afraid ♪ ♪ that's the halloween polka ♪ the jack-o-lanterns flickering, the monster mash is on ♪ ♪ i guess there's no denying now that summer's finally gone ♪ ♪ spooky ghosts really cool every anchor guy and ghoul, do the halloween polka ♪ ♪ ♪ that's the halloween polka ♪ ♪ children ring your doorbell and their eyes are filled with greed ♪ ♪ kids hopped up on sugar, yeah, that's just what we all need ♪ ♪ trick or treat everywhere, hey i got your candy right here ♪ ♪ it's the halloween polka ♪ it falls this year on saturday so lock your windows soon ♪ ♪ because the eggs are flying starting late this afternoon ♪ ♪ once a year what a lift we're all on the graveyard shift ♪ ♪ that's the halloween polka ♪ ♪ >>> this morning >>> this morning on "world news now," fiery escape. the air

really. it's really cool into this is not kfc. >> a new hampshire concern that did that. >> scary polka up next. [ screaming ] >> haunted houses creeky doors blood and guts and oozing sores that's the halloween polka costumes that your mother made, witches goblins i'm afraid that's the halloween polka the jack oh lant temp's flickering the monster mash is on i guess there's no denying now that summer's finally gone spooky ghosts really cool every anchor guy and ghoul, do the halloween polka children ring your doorbell and their eyes are filled with greed kids hopped up on sugar yeah, that's just what we all need sfeets teak or treat everywhere, hey i got your candy right here it's the halloween polka it falls this year on saturday so lock your windows soon because the eggs are flying starting late in afternoon once a year what a lift we're that's the halloween polka >>> this morning on "world news now," fiery escape. the airline jet erupting into flames just before takeoff. the dash for the emergency slides and today's intense investigation. the new video and developments overnigh

death of a woman found in the bathroom of a restaurant in wilmington, police were called to the kfc and taco bell at 9:00 this morning on lancaster avenue, the woman's body was found in the mens bathroom and the death is investigated as a possible drug overdose. >>> today marks three years since superstorm sandy slammed ashore ravaging the new jersey coastline in the wake, it's estimated that the storm caused $37 billion worth of damage in new jersey alone. this was the scene in sea isle city, the army corps of engineers along with environmental protection has been working since april to rebuild the dunes along nine miles of cape may county's coastline, the new dunes rise is a feet above sea level, but the fact is three years later, too in new jerseyans are being victimized not by storms but by other people. >> this is the havoc superstorm sandy caused on october 29th, 2012 leveling parts of the jersey coast, 360,000 homes were damaged or destroyed in new jersey. and rick of long beach island is still not home, he paid over $75,000 to two different contractors to finish his modular

restaurant may have overdosed. police were called to the kfc taco bell on the 900 block of lancaster avenue this morning, that is where they found a 29-year-old woman dead in the mens bathroom and her body was turned over to the medical examiner's office and it's being investigated as a possible drug overdose. >>> and police are investigating a possible sexual assault, officers say that a masked man forced a 19-year-old girl into an alley and assaulted her and then ran away, the victim was only able to describe her attacker 5'5" to 5'7" with a medium to heavy build, anybody with information about this crime is asked to call wilmington police. >>> we have an update on a homeless philadelphia couple that now have a place to leave thanks to the generosity of total strangers. >> they were sleeping in love park when their toddler wandered off alone, and they are now working to regain custody of their children, the judge put the case under review for another 30 days, in the meantime the couple moved into a new home, the chosen organization rayed enough money to cover their rent and utiliti

like starbucks is. that's something that kfc, pizza hut and several others that have been in china for the last 20 years haven't done yet and starbucks is actively doing that. i can forgive being a couple cents short on the bottom line. the fact that they beat on the top line and the other numbers are pretty strong. >> let's get back to morgan with more on financial moves from starbucks. >> investors will want to hear this. starbucks has raised its dividend 25% to 20 cents per share. we will keep combing through this release and bring more headlines as they come. >> thank you very much. starbucks shares didn't move often on that, still down almost -- i will call it between 3.5 and 4%. guy, what broader implications would you draw from that? >> from starbucks? >> yeah. >> >> i wouldn't draw any broader implications. i think there are certain companies that are unique and starbucks happens to be one of them. i'm not going to make a statement about the health of the u.s. consumer or chinese consumer based on numbers we see out of starbucks, apple, under armour, nike because in my opinion

better? a great lunch like this $5 fill up from kfc. this popcorn chicken is made from one piece of chicken. not like those nuggets that come in funny shapes. are you colonel sanders? yes, i mean no. i'm just a normal college student. it's finger lickin' good. ♪ our veterans are all around us, but it's hard to show them our appreciation when, out of uniform, they're more camouflaged than ever. america, this veterans day, let's shine a light on our veterans by changing one light to green, and keep it glowing every day. because even if we can't see them, they should always be able to see our support. visit greenlightavet.com to learn more. centrum brings us the biggest news... in multivitamin history. a moment when something so familiar... becomes something so...new. introducing new centrum vitamints. a multivitamin that contains a full spectrum of essential nutrients... you enjoy like a mint. new centrum vitamints. the coolest way yet... to get your multivitamins. n niese. in the 11th. trying to send it to the 12th. and going to the right. granderson has got it. what a catch by cur

kfc $5 fill up with delicious one hundred percent white meat popcorn chicken and all the fixings. it's finger lickin' good. my credit score for free, right? and then you're gonna ask me for my credit card so you can charge me on the down low two weeks later. look, credit karma - oh, are you talking to websites again? it's sayin' 'free credit score.' credit karma? yeah, it's actually free. look, you don't have to put in your credit card information. credit karma. really free credit scores. really. free. fist bump. dave'and starting each day game, with a delicious bowl of heart healthy kellogg's raisin bran. how's your cereal? sweet! tastes like winning. how would you know what winning tastes like? invest in your heart health, with kellogg's raisin bran. no crying today... well, well. if it isn't the belle of the ball. gentlemen. you look well. what's new, flo? well, a name your price tool went missing last week. name your what, now? it gives you coverage options based on your budget. i just hope whoever stole it knows that it only works at progressive.com. so, you can't use it to

state. >> it is going to be phenomenal next year. following in the footsteps of kfc and pizza hut. the gamble is that a surging growth will bring with it consumers hungry for foreign products. >> here is a story of a techno-granny granted her wish to visit one of the biggest technology companies. old, she wants to see the future. she got the chance to do so at google's headquarters. she was given the vip trip and design her own doodle. she had a go at virtual cardboard. to visit a self driving car. >> that is a wonderful story. thank you for that. it is time to take a look at our parent -- our press review. a look at what has been grabbing headlines. justof papers today, not in france, but around the world, focusing on the state of france's poor suburbs. >> two boys died in a severed north of paris, it is in the spotlight across the world today. the christian paper here in reporters there. what has changed? the same question asked of the independent. here.n see a reporter spent a year. it talks about the fact that there are these new buildings, but old resentments. authorities hav

domino's and call kfc fresh and organic? you know what i mean? so why the heck can't mcdonald's throw itself around, too? it's the execution that's been the problem, not the unhealthy food, if it was food, why the heck is whole foods at a 52-week low. if it were about nutrition, how about pepsico keeps churning higher because of the strength of junk food? invite everyone over for the cowboys-giants game. i was happy someone lost. you think i had carrots and celery? i had some of those. look, i own a mexican restaurant, it's a pretty good darn salsa, people have been telling me for years the clock is ticking on frito lay. all i know, when i go shopping for the guy, i press them to bring oem anything else. here's another story people simply cannot put their arms around. they can't believe, the corn popularity of microsoft devices. i'm getting laughed at for suggesting microsoft might have some pull? right now, nobody wants it. nobody hates the surface. wait a second, last week it's been so popular. it is popular. why do i see people at the surface? it's not just the nfl, which is all su

the kfc chicken burger and the shark and kfc was listening and it the ad has been taken down. we will show you the actual video of the shark ail tack itself. which is incredible on its own. this is where fanning survived the near death experience during the final round of the jay bay open. this happened on july 19th on live television. mom was watching at home and said she wanted to reach through the screen but you see here her son is picked up and rescued and he turns out to be perfectically fine. >> and on his own. that is incredible. >>> everyone wants to have a healthy baby and the focus has always been on the moms. a new study on how dads may play a bigger role even before the baby is conceived. >> we are look at traffic approaching marin. we do see some slowing on the richmond san rafael bridge approach. we also have some problems to check out in the east bay. we'll be right back. my name is jeff richardson, the vice president of operations here at c.k. mondavi. to make this fine wine it takes a lot of energy. pg&e is the energy expert. we reached out to pg&e to become more effi

as the chinese are flocking back to mcdonald's though they are staying away from kfc and taco bell for now. i need to do more workrkn yum. it could be a turn around. i have been a fan of easterbrook since he came in. he knew things were broken add he had to get it right fast as he had done for the company's european division. he knew simplification was the key to f fing the fundamentals. he's got that in place. now it's to the actual improvement of everything about the experience and, yes, as he again. as it was when my kids were little, we didn't go anywhere else. let me give you the e ttom line. count me as a believer in the turn. i think we'll look back and marvel at how this was just the beginning of the comeback and paying $110 at close today won't be a mistake. easterbrook is the real deal which means mcdonald's is back and gueseswhat, it might be bigger than ever. gary in indiana. gary. >> caller: what? >> you're up, gary. >> caller: it's already undone, i think. charlotte. >> hi? gary, you're up. >> caller: hello? yes! jim, i was wondering about shake shack. i heard somebod

going forward. >> yum china will be paying for the brand rights to kfc, pizza hut and taco bell which isn't in china yet. >> that's correct. there's a bit of an opportunity there. that's why i see these spin offs prove the value because once you have an independent board and management team stressing the growth and looking at the company going forward you'll see a bit of a change and even looking at some of the groups like starbucks and mcdonald's they could even benefit from a potential break up going forward as well. >> jonathan, i'm wondering when we talk about two separate companies here with yum china what's the benefit of investing into yum china? not only is it the food scare concerns we saw but also this consumer problem now with fears of a slow down specific to that country. what would the case be for specifically yum china. >> we tried to look at the historical basis or standpoint where is going to be the value in investing in the spin off going forward. they're going to be able to lower the debt going forward. we seen that at least for the yum-china business they won't have

. >> yum brnds known for kfc and pizza hut brands announcing it will spin off its china business. the move comes after a food safety scandal last summer as well as slowing sales and more competition locally over in china. the news senten yum shares up just shy of 2% to 73.06. >>> and the physicians services supply am surge offered to buy medical staffing company team health for more than $5 billion. this comes after the two companies met last month to discuss a merger, no deal was reached at that time. shares of team health up almost 20% to $62.59 am ser fell to 74.88. >> motorcycle maker harley-davidson reported third quarter earnings and the street did not respond well. it the cut shipment guidance for the rest of the year as it continues to lose market share in the u.s. shares falling nearly 14% to 48.25. defense contractor lockheed martin cited strong sales in its arrow naught ticks unite which lifted overall revenue. the company though did see a drop in profit for the quarter. shares of lockheed down slightly to 208.73. brinker international owner of chains such ascallyes showed

, the parent of kfc, taco bell. companies choosing to spin off china, which is the potential for accelerating growth, but has lately fallen on harder times. here's a strategy that could reward shareholders. the rest of the chinas, it's not so hot either. you know what? i'm not sure i want to have a piece of that chinese business of yum. and it's going to be a long road for the spin-off anyway, so after initially rallying three, the stock settled up only 1.32. that's important. let me give you the bottom line here, four companies all dealing with slowing growth. all with credible strategies. only one with a quick payoff. that's sandisk. the rest are only for the patient and perhaps the unrequited. in many ways it's better to go with the stocks of companies that never got to the place in the first place. they need to deliver better than expected results, which none of these four have been able to do. sara in california. >> caller: hi. >> sara, how are you? >> caller: love your show, love your book. >> thank you. jabeel circus, do you think their stock would go up in the next year?

his savings. the biggest shakeup in nearly two years, the kfc and taco bell will spin off their china business from the u.s. business after calls from investors to make a move. japanese equity traders heading into their lunch break and now after a strong morning session. are having a-- we look at what is moving those markets. juliette: as you mentioned, those weaker export numbers really boosting expectations of more stimulus. that has led to a strong morning session. they lifted the overall region, the shanghai composite has been fluctuating in and out of positive territory. we do have hong kong markets closed today for a public holiday. --the shins and composite they have resumed trade after a five-month halt. 3,000,000,001 1.0 yuan, but has fallen by as much as 3%. taiwan also coming off yesterday's highs. new zealand has the longest winning streak since november of last year. the big some of winners of the region. japanese export companies lifting on the weaker yen which makes at sports -- exports a lot cheaper. semiconductor and a great again yesterday is lower at the momen

chinese government pushing yum out or owner of kfc, pizza hut, taco bell make its own strategic mistakes there? >> i think two things occurred at the same time. first of all, there was a lot of bad publicity about yum's meat suppliers. think that probably was orchestrated by the chinese central government because it wanted to tar foreign brands. but the other thing that hit yum is its own fault. they have tumbling chinese economy and they misread it, okay, growth rates fall but con some shun occurred. but what they did in pizza hut outlets offer steak. they went up market. at a time chinese consumers wanted to go down market. essentially they are the future of consumption in china. apple and nike and doing well in china, not many of them, but yum is the future of both of those companies. deirdre: future of both of those companies. you see yum as different kind of example than other american companies. i'm thinking more tech or retail with apple being the exception. that is to say, they're allowed to function there, the american companies, until they get pretty good. and then, the state b

company that owns kfc, pizza hut and taco bell is spinning off its operations in china. yum brands announced they will trade at two separate companies, yum brands and yum china, they will work on a franchise agreement and run mostly by a chinese leader team. yum was once involved in moving businesses to china but scandals in food quality has hurt the company in recent years. taking a look at closing numbers on wall street, the dow is down 13 points plus, the nasdaq and s&p also down and the dow snapping a three day gain. >>> amazon plans to hire 100,000 people for the holidays thark is a 25% jump from last year. the company says that most of the jobs are in fulfillment and sorting facilities. analysts say that holiday hiring plans to stay flat this year overall and amazon is a sign that more and more people are stay ago way from brick and mortar retail and doing their shopping online. >> adam joseph back now with the details on what to expect. >> the warmth is back and the sunshine is sticking around and around for the next couple of days, looking at double scan live radar and look

going to emerge from this? that they are still the biggest restaurant and company in china. kfc is the biggest brand and the most stores by location. assuming the macro stuff doesn't get too bad, they think that yum could still be very strong in china. david: they got in so early, now we are seeing other restaurants at their heels. other size they may lose their holding china? -- there hold in china? craig: it's not unlike what we see with mcdonald's in the u.s.. mcdonald's has been around in the u.s. longer than yum in china, they been there since the 80's. there is fatigue, there's younger brands. china has millennials to that have different tastes. kfc, they don't think it's fun or exciting. some of the fatigue has set in. david: you mention the supplier scandal couple of times. have emerged from that? craig: they haven't emerged. the brand took a hit, they said it was a couple more months, it's been a couple more months and the sales numbers haven't bounced back. the analysts say they will get there, the sales will come back. there's a burgeoning middle class in china, all signs po

brand. they'll have exclusivist to kfc, pizza hut and taco bell. they'll focus on expanding the chains around the world. the split come after a series of foo food safety scandals. the separation is expected to be completed by the end of next year. a lot of people have been waiting for this. >> all right. >> where sergio goes, i go. >> cubs-mets. >> that, too. >> the new report released minutes ago on auto reliability. they were talking a few minutes ago, a big setback for tesla. phil lebeau has -- well this is the right choice of words, breakdown. >> consumer reports does this every year. they ask all of the subscribers, those that have new vehicles, tell us what works, what doesn't work in your vehicle. they got about 740,000 vehicles that they then crunched the data on. here are the most reliable and least reliable in this year's survey according to consumer reports. top of the list, no surprise. lexus. followed by toyota followed by audi and there you have mazda. that rounds out the top four. the bottom of the list, that's not good news, especially for a man down at the nyse tomorro

from its u.s. operation. yum china will become exclusive rights to kfc, pizza hut, and taco bell. we will have more on this later. scarlet: amazon says it will hire 100,000 people for the holiday season. that is up 25% from last year. it says it will be looking for help across the country. companies say they expect to hire the same amount of people as last year. alix: new york is settling a long-running dispute with big tobacco. the state's attorney general is releasing $550 million that has been in escrow for a decade tobaccooopholes companies used to avoid payments have now been closed. the money dates back to a deal reached back in 1998 to compensate for the cost of smoking. you can now is get more business news at bloomberg.com scarlet: we want -- at bloomberg.com. scarlet: we want to get to julie hyman. julie: looking at a trio of steelmakers. apparently the ceo of u.s. still gave an interview to an industry publication and said that the optimism that he expressed at the beginning of the year about the second half of the year was perhaps misplaced. "i was wrong," he is said in t

and kfc? will that be just as attractive or more? craig: it is different. analysts also think china has a bunch of upside. yum continues to be the biggest restaurant company in china. kfc the biggest restaurant chain. there is more stability on the other side. they have done well with taco bell in the u.s., but there is still work to do with kfc and pizza hut. and c out of popeyes chick-fil-a. there is work to do. they have done well with taco bell. betty: but it is not enough. craig: they need the other two going as well. betty: thank you on yum! brands. craig giammona zero bloomberg news. let's move to politics. vice president joe biden has a big decision to make it and soon, especially looking at the latest polls. clinton now leading bernie sanders by at least 20 percentage points among primary voters. and joe biden by more than 30 percentage points. i want to bring in jennifer epstein who covers the clinton campaign. we were talking about this yesterday with phil. is the window closed? jennifer: i think joe biden thinks he is this unique candidate that no matter when he gets int

when there still isn't any stabilization in kfc. taco bell might be added to china. >> they don't have taco bell in china, but it could be introduced over time, yes. >> new ceo, members from taco bell. >> the new ceo of china or yum! overall? >> yes, the new ceo for china, he has a good reputation. look, i think that this is something that we've wanted. i would have liked it not to be done at the point of a gun, which i think you can tell us more about corvex and what happened. >> april keith meister introduced the idea of a split, at least to the public, but it does appear as is often the case that this is not something that was foreign to the company, jim. >> right. >> it had been something they certainly had been thinking about and taking a look at was their pace quick nd as the result of him showing up as a significant shareholder and publicly stating he wanted to see this ham? probably. >> last week he was added to the board of directors. >> right. >> well, now they got it done. now, it's not as though they got it done in a weerks they've been working on it for quite some time. to

than half of its revenue from china. yum is the parent of pizza hut and kfc. matt: and taco bell to i will pick it up right there. deal, its doing a seems, with western digital. we thought micron might take it. it is not and the micron is losing out there. .p 7.4% sources tell bloomberg news it could go from 80 to $90 per share. western -- when western digital is done with it. terms of thek in share price action here. you can see we have three dollars and $.35 gain. keith meister, who pushed for the change and got on board last at $16 to it could yum's share price and could boost it $7 billion and some of that has been price instant he got on board. i finally want to talk about a smaller company, the fresh market, it looks like it could get taken out. credit suisse has joined the bandwagon. deutsche bank was saying that yesterday. there is a stock to look at for possible m&a action for we will take a quick break and when we come back, we will talk let cord with dwight anderson. glencore with white anderson. ♪ -- dwight anderson. ♪ stephanie: it has been a painful couple months for

several years but also historic because remember kfc was the first into china, they beat mcdonald's, got in the chinese market and for so long were of market leaders of is no longer worth it for them to incur basically slowing growth. it is a complicated story in china because you have food issues, food quality issues, demand the shoes and a slowing economy and uncertainty about the future and also competitive chinese brands, companies pushing out google basically, you see that in the food sector as well. >> i was supposed to be the solution for so many americans. that is the big story. only so much on china. dagen: china was the only reason to buy yom for years and now reason not to own it. maria: china was the story to buy corporate america because these guys were going to get a foothold into an economy that has 1.3, 1.5 billion people there and that was the jewel of growth. >> at the leading edge of something we will see from a lot of companies, china figuring out -- especially manufacturers that overs of invested. >> this speaks to the highly activist environment, joining the yu

in 21 years. planning ahut is kfc. restructuring with they plan to break up the is yum plans to separate the chinese business. reporter: i'm looking at an index. this is over the past year. what has happened is today, this has risen to its highest level in two months. this is compared to the shanghai composite, which has been pretty flat. you can see this gain of 484 stocks. filled with technology and biotech stocks. this benchmark has rallied 73% this year. that is compared with a 4% gain in the shanghai composite index. been tryingnt has to boost spending in the technology industry in the effort to offset the faltering industrial sector. we got that growth debt that yesterday that came in better than expected. it was still the slowest quarterly expansion since 2009. it showed a two speed economy with the services sector moving ahead of the more traditional, manufacturing, industrials, and exports. can tell you investors traded 5 billion shares on october 16 on this index. that is more than any point'on thint on this year's rally. has beenhai composite moving downward, on the o

anything else? i started asking for bigger things. kfc chicken, go get me some ice cream. eventually i told the guard -- >> cell phone. >> i want a cell phone. he's like i can do that. i cost me 12,000 rupees. i was taking a huge gamble. i always had the fear that he might try to rat me out. and i would get beaten within an inch of my life. i contacted my mom from my cell phone the very next day. >> mom? mom, it's me. and the first thing i say is mom, i didn't do this. and she said erik, i know you don't do this. >> i'm really sorry this happened. >> my mom was drying on phone. she is "how are they treating you?" she says, "erik, don't worry, i'm going to get you out of there". >> look, i got to go. i don't have a lot of minutes. >> it felt good to hear a familiar voice. i wasn't locked off from the rest of the world. it felt good. it's january 3rd, and i had gone to court a whole bunch of times in a short amount of time. my lawyer said erik, you're going to be going home soon. >> we arrange a really good deal for you. >> you're going pay the judge a thousand dollars. he's going to giv