Intel buys Altera for $16.7 billion. Margin debt reaches a new high. And Men’s Wearhouse founder George Zimmer is back in the clothing business with the launch of “Uber for tailors”.

(Warning….at 14:04 Taylor Muckerman makes a sincerely terrible joke. Listen at your own risk.)

Costco’s same-store sales fell for the first time in 6 years. Shares of Abercrombie & Fitch rise, but we’re still not interested.  Plus we dip into the Fool Mailbag and discuss KFC’s attempt to increase sales by bringing back Colonel Sanders.

Tiffany and Michael Kors report earnings as their stocks head in different directions. Pharmaceutical giant Novartis gets to work on a “robotic pill”.  Plus, Motley Fool Funds analyst Bill Barker shares some money insights from his recent trip to England.

 Charter Communications bids $55 billion for Time Warner Cable, but will Uncle Sam approve the deal?  Priceline makes another investment in China.  Twitter mulls another acquisition as the Periscope app becomes available for Android users.

Lumber Liquidators suddenly needs a new CEO. What does turnaround look like for the troubled retailer?  Will falling rooftop solar prices hurt SolarCity’s business?  We analyze those stories, dip into the Fool Mailbag, and discuss the relative value of spending millions of dollars to brand a sports stadium.

Chris Hill reflects on the longevity of David Letterman’s career, as well as his role in changing the landscape of late-night TV forever.  Plus, in the wake of Orson Welles’ 100th birthday, Chris draws a parallel between Welles’ struggle to make “Citizen Kane” and the growing battle between traditional broadcasters and live-streaming video apps like Periscope.

On today’s show the gang talks about Baidu’s bright future, Urban Outfitter’s next move, Etsy’s first quarter as a publicly traded company, and what the next Oreo flavor should be called.

Ascena Retail buys Ann Taylor for $2.1 billion.  Wal-Mart takes a page from Amazon’s playbook.  And Google ramps up its e-commerce game.

Motley Fool Funds portfolio manager Bill Mann explains why rising auto sales in Greece could spell trouble.  Plus, he analyzes the latest news from emerging markets and Shake Shack’s surprising quarterly profit.  

American Express returns some money to shareholders. Zillow delivers Q1 results. And Vertex Pharmaceuticals gets a sign of encouragement from the FDA.  Plus we share 3 stocks we’d be willing to hold forever.