the battle of new orleans but we called modern-day celebrity politics begins in the 1920s with warren harding's front porch presidential campaign. the way they did presidential campaigns for harding if they kept harding at home and everybody would come and visit harding which would create a day of newspaper reporting and he would stay home and meet folks there in ohio. the singer al jolson came with 50 broadway stars all the way from new york to harding's home in ohio where they parade down main street and started singing songs in harding's praise. i think of that is really the first time we had celebrities in the modern age who were very interested in advocating for a candidate. it's really with the advent of television in the 1950s that celebrity politics becomes a national kind of episode. isenhour is such a nature to encase because isenhour was someone who was not really interested in politics. he wasn't interested in politics and it really wasn't interested in celebrity. he had been a military man his entire life. in fact he refused to run for president in 1932 but he allowed his name to b

new orleans, but what we call sort of modern day celebrity politics begins in the 1920s, with warren harding's front porch presidential campaign. with harding they kept harding at home, and everybody would come and visit harding, which would create a day of newspaper reportage as we would stay home and be folksy in ohio. the singer al joelson came from 50 broadway stories and paraded down main street and started singing songs in harding's praise. that's the first time we have celebrities in the modern age who are very interested in advocating for a candidate. it's really with the advent of television in the 1950s that celebrity kole -- politics becomes a national episode. eisenhower was an interesting case. eisenhower was somebody who was noted? politics. -- was not interested in politics and wasn't interested in celebrity. had been a military man his entire life and in fact he refused to run for president in 1952 but allowed his name to be entered and nominated so he spent most of the 1952 primary campaign overseas in paris where he was cream -- supreme commander of nato. he has the president

warren harding becomes president and liberals are kind of in the wilderness. harding, just a very short period of time, only spends three years in office but he apoints four members of the court including taft and after taftis appointed, he helps select conservative people and con hat court in a severetive -- conseff fashion. and some people would say holmes was liberal but difficult to categorize. host: mcreynolds on the far left and brandeis from kentucky. tell us about that relationship. host guest: both of them are appointed by wilson. and had a liberal reputation as a truck buster before he joined the wilson the administration and while he was in the administration and he goes on to become one of the most conservative and racist and anti-semitic supreme court justices in history. but to tell you how diverse the people who were dining at the house of truth. robert valentine comes down from massachusetts and frankfurter arranges a dinner and they get into a debate about civil service and whether or not people should be hired to work in the justice departmen

when warren harding becomes president and a liberals like felix frankfurter are kind of in , and adernessharding short period of time -- he only spent three years in office -- a point four members to the court, including taft. after that, he helps harding select very conservative people to the court and tilted in a conservative direction. these three liberals in that , the man inandeis the upper right corner of the photo, and some people would say lmes is a liberal, although he is difficult to categorize. not liberal by today's standards. they are both from kentucky. tell us that relationship. mr. snyder: both of them nominees of woodrow wilson. mcreynolds was wilson's attorney general, who had a liberal reputation as a trust buster, both before he joined the wilson administration and while he was in the administration. he goes on to become one of the and supremelyive racist and anti-semitic supreme court justices in history. but just to tell you how diverse the people were who were dining at the house of truth, when mcreynolds becomes the attorney general, he dines at the house of truth.

i keep coming back to dorothy parker's description of warren harding, another scandal prone president said ultimately he is just a slob. and there is a quality of just to this entire administration from donald trump down. but the difference is in the 1920s america was not a nuclear power. the president doesn't have to worry about what is happening on the korean peninsula. we are in a situation where there is unprecedented power resting with the president of the united states and from day to day we have no idea if anyone in the white house is either -- >> that was the point of senior state department official. coming off the european trip it is clear to her that everyone else is playing chess. the american president is playing checkers. you have been around enough to know that sooner or later the presidency is going to raise its ugly head, something bad is going to happen somewhere. >> or we are going to have all of these rumored shake ups actually happening. the white house communications director left today and by all accounts it is not the most coveted job in washington to replace h

i think it parallels back to the 1920s when warren harding was president and calvin coolidge. ss presidents. they weren't as business ore yechbted as donald trump, but hey, harding was a businessman, a publisher before he became president. coolidge's famous line was "the business of america is business." so people thought the government was pro-business and they got excited. we had the roaring '20s. >> the so-called animal spirits. there are people that think because donald trump is pro-business that he'll create an environment in which business can flourish. >> well, absolutely. you know, he -- there's a deep sense of emotion here. loyalty. who is the government loyal to? our previous president was thought to be sympathetic to poor and downtrodden people. we have a president that doesn't show much sympathy to them now. so, hey, time to be a capitalist. >> bob, always good to see you, thank you for joining us. bob shillor at yale school of management, nobel prize winner in economics. we're minutes from the press conference at the montana sheriff's office, we'll get an update on

i keep coming back to dorothy parker's description of warren harding, another scandal-prone president ultimately he's just a slob. >> yeah. >> and there is a quality of slovenliness to this entire administration from donald trump on down. but the difference is in the 1920s, america was not a nuclear power. the president didn't have to worry about what was happening on the korean peninsula. now we're in a situation where there is still unprecedented power resting with the president of the united states. and from day to day, we have no idea if anyone in the white house is either up to the responsibilities or fails to realize that they're not up to the responsibilities. >> well, that was the point of senior state department official made on this network tonight, that coming off the european trip, it is clear to her that everyone else is playing chess. the american president is playing checkers. and you've been around enough to know that sooner or later, the presidency is going to raise its ugly head. something bad is going to happen somewhere. >> something bad is going to happen, or we'r

the model, largely because it is very rare that a sitting senator can go to the white house, warren harding in 1920, kennedy in 1960, and obama and 2008. but i think kennedy had a really shrewd sense of another use the senate as a launching pad for the presidency. think his first insight was that windows of opportunity in american politics open and close quickly. you can be a hot commodity one day, but you know, the wheel turns. a couple months or years later you are forgotten. i think he had a sense that, you you know, he was hot after 1956, and there was no one else who was clearly, you know, in line for. he had to -- this was his time, his time to run. several people said we have until he said, it's either going 1964. notappen in 1964 or that is going to happen. he had that sense. coming with that sense of the mission was the single mindedness. as he was fighting for the nomination he and other competitors, hubert humphrey, lyndon johnson, who were both senators, but were much more ambivalent, smart, you know, sort of confused about whether their primary responsibility was in washington

warren: alright. to the graduates, you have worked hard and we are here to celebrate your success. congratulations to all of you. way to go. [applause] sen. warren: to all of the parents, grandparents, families, friends, teachers, and advisors you helped to make this day possible. congratulations to all of you. graduates, this is a day for celebration. you have earned it. this is a day that is also tinged with sadness. you have gone to a last party and southwest. lateave had your last night flight at antonio's. a truly existential question bears down upon you, will you ever feel joy again? [laughter] so, what does come next? some may be worried you haven't gotten it all figured out. i get that. i own path had plenty of twists and turns. i dropped out of college and got married at 19 to the first boy i ever dated. so a lot of you are already doing better than i did. .'m here today to make a pitch for the work you do going forward, i'm here to ask you to get more involved in our democracy. i know some of you are already headed into public service. i'm looking out at future teachers, f

that night, kdka provided the election results between warren harding and james cox. the studio was a tiny makeshift wooden shack on top of the westinghouse company's plant in east pittsburgh. broadcast studios have changed a lot over the last 90 plus years, including kdka's, which i have had the privilege to visit. that brings us to the fcc's main studio rule. as was observed, the fcc first conceived the main studio rule almost 80 years ago. the rule requires each a.m., f.m., and television broadcast station to maintain a main studio located in or near its community of license. back then perhaps it made sense for the reasons explained during ms. sokolow's presentation. but today, the rule appears outdated, unnecessary, and unduly burdensome. community access and engagement are important in the digital era. but technology has rendered physical studios unnecessary for those purposes. that's because such activities are much more likely to occur via social media, e-mail or phone, rather than through an in-person visit to a broadcast studio. furthermore, broadcasters have

and pittsburgh, barr.ro that night kdka reported the rules of the presidential election between warren harding and james cox. the studio was a tiny makeshift wooden shack on the westinghouse company's plant in east pittsburgh. broadcast studios have changed a lot over the last 90 years, chug kdka. the purposes that a studio serves serves and that bring uses to the main constitutesow rule. the fcc first conceived the main studio rule 80 years ago. the rule requires each am, fm and television broadcast station to maintains a main studio located in or near itsan communication of license.oa back then perhaps it made sense for the reasons explained but today the rule is outdated, unnecessary and unfewly burdensome. o communication access andly engagement are import in the unc digital era and such activities occur bay social media, e-mails or phone, rather than threw an in-person visit to a broadcast studio. further motion broader have shown the main studio rule is a continuous cost that keeps them from serving local communities in meaningful ways, like broadcasting additional local programming. rec

[cheers and applause] senator warren: let's get to the graduation commencement part of this. first to the graduates. you have worked hard and we are here to celebrate your success. congratulations to all of you. [cheers and applause] senator warren: way to go. way to go. to all of the parents and grandparents, the families and friends, teachers and advisors, you have helped make this day possible so congratulations to you as well. congratulations to all of you. [applause] thisor warren: graduates, is the day for celebration, you have earned it. i know that this is also a day that is hinged with sadness. you have gone to your last party and southwest. [laughter] senator warren: you have had your last late-night spice that antonio's. [cheering] a trulywarren: existential question bears upon you, will you ever feel joy again? [laughter] so what doesn: come next? some of you may be worried that you have not gotten it all figured out. believe me, i get that. my own path had plenty of twists and turns, i dropped out of college, got married at 19 to the first quarterly i ever dated. a lot of you are already doing better than i

that's hard to say about warren buffett. i always thought he sort of missed all the technology stocks because it wasn't comfortable with him, and he liked to stick in media but not in the stuff that was changing the way we consume media and other things like that. >> although, a guest in our last hour reminded us that the name of the company, berkshire hathaway are old textile makers he dumped a long time ago. seeing where that era was headed. what does this say about his interests now and how tech fits into our overall economic being? >> i always thought it was a miss to him to think this way and not being part of the conversation because he's so smart about things like that. i think it says he understands what's happening even going forward is going -- it's interesting he's not buying stock now. bezos is in the middle of automation and robotics. the companies will be big players going forward of where computing is going. he said they were too high now, and then he followed it by saying that's a bad way to think. it would b

player for anyone following him americans because the -- to get to both the old warren of natural yale w -- alleyways and it is hard to their homes soom it is a security nightmare and -- american officials said they didn't want any israeli prime including the minister to accompany him to the western wall. that was seen as a bit of a slap in the face but they didn't kphpblt on it public -- comment on it publicly. it is a private and complicated visit from a security point of view. >> we will check back in with you throughout the day to get latest on donald trump's trip to israel today. is ready to ays it start mass producing a new capable of missile reaching japan. itt is after they test fired sunday and korea says it is an the policies of president trump. he u.s., south korea and japan have quickly condemned the move. protests in venezuela have taken another violent turn. killed in ave been weeks of demonstrations against the government. protester was attacked by a mob and set on fire. that story we go there. orlando was admitted to hospital with first and second on 80% of his body. a crowd of about 100 opposition

elizabeth warren came out for hitting him hard. he can't take it, he can take anyone being a bigger celebrity than him. i don't know if he wants new leadership to come up in the democratic party because then it's a bigger example of how his legacy is pretty much unraveling at this point. right now, the democratic party is morphing in the image of bernie sanders and elizabeth warren which is on his image. can you imagine, i may post everything president, except you ushered in the presidency of a phenomenon from the likes we've never seen. and also by the way, you are party are more socialist than they are democrats. >> harris: an opportunity for republicans. >> julie: he's handing over the next election to republicans because he is not in the running. he need to be nurturing and lifting up the next superstar. >> harris: this is where you say sometimes the g.o.p. falls down. they can reach out to the people in the gap. speed the democrats need no other reason to not hitch their wagon to the obama legacy. everyone he endorses loses un

. >> also the legislatures as you point out since warren g. hardinghink they all thought they were going to get carried along by the roar of the crowd because of barack obama. and you've talked about this for months. they stopped talking to the people who cost them the election. now it's like turning a battleship around. and the problem is they have got a guy in the white house right now who starts to act like, you know, professor harold hill in "the music man." >> dom, what are you looking at today on wall street? >> the biggest story on the corporate front today is going to be apple. they made more money than they thought they were going to. >> i thought sales were down. >> iphone sales. i have two of them, church and state, work and personal. >> willie and i don't believe in that. we have everything here, work, state, bookies. >> it's going to haunt us some day. >> also some really good lawyers in turkey. if you ever find yourself in jail there, let us know. >> i'm supposed to feel bad because i only have one phone? >> here's the issue. two-thirds

tomorrow on hard ball, it's one of the people we're talking about, elizabeth warren is going to join on hard ball and this is where the action is. ♪ that's it? yeah. ♪ everybody two seconds! ♪ "dear sebastian, after careful consideration of your application, it is with great pleasure that we offer our congratulations on your acceptance..." through the tuition assistance program, every day mcdonald's helps more people go to college. it's part of our commitment to being america's best first job. ♪ dry mouth can affect how your mouth feels and how you feel. discover act dry mouth, specially formulated to soothe and moisturize your mouth. and try new act dry mouth spray for relief when you need it. nitrites or artificial ham has preservatives.tes, and try new act dry mouth spray now it's good for us all. like those who like. sweet those who prefer heat. sfx - a breath of air and those who just love meat. oscar mayer deli fresh. sweet! ♪ here's to breaking more glass ceilings. in golf and everywhere else. ♪ kpmg, continuing our commitment to the next generation of women leaders. >>> democ

liz: you see democrats and liberals like elizabeth warren and bernie sanders having a hard time with >> they're never going to criticize obama. liz: they did criticize him. >> he has mansioned, he has enormous cars, come on. it's all baloney. it's just hypocrisy. liz: is obama's carbon footprint bigger than gore's now? >> no, but he'll get there. i imagine he'll aspire to that. liz: stay on that one, liz peek. you'll be the obama carbon footprint correspondent. >> become like sasquatch, eventually. liz: good to see you, love your first name. how is your 401(k) looking? take a check on the markets next. look closely. hidden in every swing, every chip, and every putt, is data that can make the difference between winning and losing. the microsoft cloud helps the pga tour turn countless points of data into insights that transform their business and will enhance the game for players and fans. the microsoft cloud turns information into insight. this is where i trade andrs. manage my portfolio. since i added futures, i have access to the oil markets and gold markets. okay. i'm plugged into

warren: regardless of who you are politically or who you vote for, you have to think hard about what matters to you, not your mom and dad, or your girlfriend, or your dog -- though your dog may have a strong opinion. do not pick whatever cause that emma watson or taylor swift are supporting this week, no matter how much you want to be in their squad. you have to figure out what makes your heart flutter and your stomach clench. what makes you wake up ready to go, and what makes you wish you didn't have to move. i'm still not talking about emma watson or taylor swift. [laughter] you are a lot more likely to follow through if you really, deep down, care about an issue. that's my first. second, do studying. i know i just made myself police popular graduation speaker anywhere in america, by telling graduates who just finished their last assignment and turned in their last research paper to study a little more, but i'm not trying to win this popularity. i think as long as mitch mcconnell is running the senate that is out of reach for me. [laughter] i will say it. studying up, because knowi

the executive director of starck hard sultz at arona state univeit tempe. setoezz liz beth warren at amherst. this surday ght at 8:00 p.m. eaern on-span and -span.org. earlietoyredent trump held a jntews conferenc with colombi president jn manuel san czyz with repte. he said ilhe respected the mo tapint apecial counsel, the invesgation was a,uo, witch hunt,iving the nation. this iha an hour. presen trump: thank you very much. it's a great pleasure to welco president santos tohe white house, colombia isne of our clest allies in theemisphere and daweeairm partnership between our two great nations. prident ntos and i had a veryroductive meeting and we will ctie toorvery closy togetr to bring peace, saty, and prosperity to t hemisphere. perhapso areas really mor important in ter of opation than our joint efrt to end the terrible drug crimes that plague both our countries. rently, we haveeen an alarmed, and ieaa really hily alarmed and alarming trend. last year, coloma coca cultation a cocai producti reached ror high, which pefully wilbe redied very quickly bth president. must nfront t

warren and corey booker. but they're trying very hard to have a coup on the progressive side and push bernie out. but he's the only one that gets people excited and mobilized. >> he's a dinosaur. he's pushing 80. but they have a message it's just not that it doesn't sell. open borders, trans-gender bathrooms. that won't get the obama voters back. they have a message. they have to conceal it because it's a dis tasteful message that matters. >> and their new movement is just resisting blood. >> there were a people running for the head of the dnc. a gentleman, from local ohio. forgot his name. >> tim ryan? >> tim ryan is one of them. i bring this person up because he was referenced to me as a democratic friend of mine, been in democratic politics and wants to see a wave of the future. talked to him about the bernie sanders progressives. this is not what we want for the future, it's not going to win over the voters that president trump has won over, switched over. it's going to be interesting to see if they go full radical socialist or meet in the middle going forward. >> scary that's the best decisi

's >> kat: leave it to elizabeth warren to have you asking what's even happening? the hardeft icon who so accurately predicted a trump presidency could not happen is making another bold prediction. stick with way things are going, the next three years and 261 days are like the first 100 days, i wonder if america will ever be ready for email president again. >> kat: president trump will be so horrible for america the country will never, ever elect another male present again. i wonder who that would say 202. i don't know. did they not wear that may be running a campaign on identity politics does not work? >> i hope they will learn it. i don't know if they did. i think with elizabeth warren, let's keep in mind the context. that was a joke, it was an applause line at an all women's conference of emily's list which is about getting more women in politics but let's not pretend elizabeth warren is saying i hate men. no men aren't ever going to be elected again. >> kat: of course not but it does present the same attitude. that it's going to be a gender focused election again. they

maybe because i'm not like warren buffett and, you know, just sort of hard core financial guy, i'm lookingor the excitement of the next big thing, that makes me look for where will apple go next. >> well, certainly the apple and amazon stories dove tailing today, walter, as you already referenced. amazon this morning unveaed a new echo device called the echo show an released video with which to sell it. take a look. >> with echo show he can stay connected, even when his hands are full. >> mom would like to talk. >> alexa, accept the call. hey, mom. >> hi, honey. how are things? >> the show brings traditional echo features together with regular capabilities including phone calls, youtube, camera and more. available for preorder, $230, will be available on the 28th of june. shares of amazon did hit all-time highs earlier this morning. walter, to your earlier point about innovation, some viewers did wonder whether or not apple should have already had a product like this. >> you know, tony fidell used to work at apple, he helped create the ipod and he went on to create nest, which as you know

hard to ride. what if we take a page from warren buffett and decide that apple should be judged not as tech stock, but as a consumer products company. well, that's a horse of a different color. apple stock is much, much cheaper than unilever or colgate or clorox, which is surprising. it's a little less expensive than proctor and gamble, because the iphone is a lot like one of proctor & gamble's primary wages. but the real money gets made when they sell you the blades. the only difference is that while gillette claims innovation, apple actually delivers amazing innovation with each new iphone. i'm thinking iin ining iphone8 have already considered the 7 plus to be a lap top alternative, thanks to its gigantic display. comparing a razor to an iphone, but the business model has always been one that's hard to find. these cloud computing companies simply don't need any help from washington, for the most part they're low taxpayers who use nearly every penny they make to grow their businesses. that's what makes the 3-year-old thoroughbred an apt analogy. remember when trump was elected and i thought he w

on "bloomberg best," including trolls evans, elizabeth warren, and ubs warning axel reyba europe's troubles are far from over. >> there will be a hard year -- exit at the end. juliette: this is bloomberg. ♪ . . ♪ >> i think we should encourage the development of the real economy as it is creating real wealth. today, the virtual economy is over growing. the key tenet of the virtual economy is money be getting money. however, now it is actually money out of the pocket of the real economy. it will not help accumulate wealth more will it make profits. its gain is generated from the loss of others. i don't feel this kind of economy is a good thing. >> services industries are growing well, as opposed to the larger manufacturers. china's economy is changing. you recognize that, yes? >> the new economy is the internet economy. it has created some jobs. but at the same time, it has also brought about unemployment. it has forced a lot of brick-and-mortar retailers to close down. i noticed in the u.s., the retail sales sector has also been affected. i think the internet, e-commerce, is a platform. it provides convenience to consumers. but some

hard for every single point in tough conditions as the bulgarian is overcoming a virus. he will challenge ivo karlovic or roberto bautista agut in the second round. british and irish lions' head coach warrenour to new zealand for family reasons. the wife of his brother and team mate tom has been diagnosed with terminal cancer. scotland's greg laidlaw has been called up to replace him in the squad. the interesting thing from my point of view is that we fully respect and understand that, and they are part of the values that our boys had. and i have been sent to the players were we meet this afternoon that as far asiam we meet this afternoon that as far as i am concerned, it is about family come first. he is made that decision, and we know how close they are, as well, so we completely respect that decision and just, like isaid, our respect that decision and just, like i said, our thoughts go out to them. we have quite an incredible "and finally" for you, an iranian student had to be taken to a police station at the weekend — because, well, he looks too much like lionel messi. nowjust look at this. now just look at this. the resemblance is uncanny! so many people in the city of hamaden wanted

including chicago fed president charles evans, elizabeth warren and ubs chairman axel reyba warning europe's troubles are far from over. >> there will be a hard end and back could have negative repercussions on europe. -- and that could have negative repercussions on europe. juliette: this is bloombg. ♪ i've spent my life planting a size-six, non-slip shoe into that door. on this side, i want my customers to relax and enjoy themselves. but these days it's phones before forks. they want wifi out here. but behind that door, i need a private connection for my business. wifi pro from comcast business. public wifi for your customers. private wifi for your business. strong and secure. good for a door. and a network. comcast business. built for security. built for business. the shlike a bald penguin. how do i look? [ laughing ] show me the billboard music awards. show me top artist. show me the top hot 100 artist. they give awards for being hot and 100 years old? we'll take 2! [ laughing ] xfinity x1 gives you exclusive access to the best of the billboard music awards just by using your voice. the billboard music awards. sunday, may 21st eight seven

the leader of the british labor party who took them hard left and tom perez and bernie sanders and elizabeth warrengging chuck schumer and the rest of the democrats to the hard left. it'll be good for the republicans in the short run but bad for the country in the -- >> i fully, fully agree with everything that karl just said. it is better for democracy, it is better for human freedom when there is competition between the parties. chuck schumer, a classic liberal democrat, is cop fronted with -- confronted with hard lefties demonstrating in front of his townhouse in brooklyn, and he panders to them. >> i'll drag you are my way, but instead he's way over there on the hard left saying and doing things that chuck schumer is not inclined -- stuart: no, i think you're wrong. i think you're underestimating how far left the democratic party has gone. >> oh, i'm not under-- stuart: bernie sanders won 22 states. >> he won roughly the same percentage of the vote that donald trump won on the republican side so, yeah, both parties are being disrupted by forces of populism. the republicans are in better shape b

remember how as senator elizabeth warren once wonderfully put it, he can't stand the fact that he's losing to a girl and that's hardbeing with us, all in with chris haiyes starts right now. >>> tonight on "all in". >> ms. yates, what did you tell the white house about mr. flynn? >> sally yates speaks out. >> we believed that general flynn was compromised with respect to the russians. >> for the first time ever, former acting attorney general on what she told the white house about michael flynn. >> the underlying conduct that general flynn had engaged in was problematic in and of itself. >> tonight, what we now know ab

hard when you take it again the next day. stick with zyrtec® and muddle no more®. >>> take a look at this incredible video of a rescue in warrenichigan. a tractor trailer fell on top of a vehicle there smashing the car and trappin responders worked frantically for about an hour and then you see that moment. finally managing to free the driver who is recovering this morning. >>> now for a look at your morning road condition, roads will be wet along the great lakes and florida as well as parts of the midwest, northern plains and pacific northwest. but should be dry just about everywhere else. >> not a bad day in the skies. weather-related airport delays in miami only. >>> to that raw emotion from jimmy kimmel. the late night abc host describing last week's ordeal that he went through. it followed the birth of his son billy. >> little over a week ago on friday, april 21st my wife molly gave birth to a boy. we call him billy. it was an easy delivery. six pushes, he was out and appeared to be a normal healthy baby until three hours after he was born when an attendant nurse, her name is a murmur in his heart but noticed he was a bit

remember how as senator elizabeth warren once wonderfully put it, he can't stand the fact that he's losing to a girl and that's hard ball for now, thanks for being with us, all in with chris haiyes starts right now. >>> tonight on "all in". >> ms. yates, what did you tell the white house about mr. flynn? >> sally yates speaks out. >> we believed that general flynn was compromised with respect to the russians. >> for the first time ever, former acting attorney general on what she told the white house about michael flynn. >> the underlying conduct that general flynn had engaged in was problematic in and of itself. >> tonight, what we now know about what michael flynn was doing with the russians and why president trump ignored all the warnings. >> president obama had told the incoming president elect that two days after the election, don't hire this guy. >> then, the kushner family caught selling real estate visas and access to the white house, why jared kushner's family is today apologizing with the reporter who broke the story, all of that and plus house republicans feel the heat at home over trump care. >> nobody d

warren's office. she is one. and she works hard at what she does. at least she works hand we know she works. stop and all the name-calling i want president, mr. trump to stop his attacks, the election is over. and i think that i'm tired -- actually, when you say the democratic party left you, that insults me. and i'm not -- i'm a good person. i have lived all my life in this town, and i want our government to work together if they need to change the way they have done things in the past, so be it. pete: thank you investment for the message. we appreciate that. we are here with the college republicans and the chair of the republican party here in the county. what do you believe pushed president trump over the top here? >> i think people were really looking for a change. they were really sick of what's been happening. the economy in dubuque has not grown as much as they would like. there has been increases in crime. we were already seeing a change with some of these city council members that have been changed over and the republicans have been gaining a power as well as we really got a lot of

it is hard to be overweight apple. david: one person, warren buffett.y he thinks apple is such a good. his partner out there said it is a good idea that warren has finally seen the light. helpingt be apple'stock. >> a couple of his portfolio managers got into it earlier. he seems to have piled in early this year. he has pulled back on his ibm -- ipm investment. apple seems to be -- he talks about it more of a consumer company rather than a tech company. i think technology analysts are used to a consumer electronic company like apple eventually getting commoditized. in this case, you have got an ecosystem you did not have deviously with blackberries, and you potentially have got a lock on customers which makes it look more like campbell soup. david cohen in word, order the biggest risks? >> perhaps china. the next cycles we expect to be pretty strong double-digit, but with china one point, it was two thirds growth. more recently, it is actually declining. back to got to get double-digit iphone growth in china. we think they're waiting for a new product t

. >> it reminds me what warren buffett was saying about amazon yesterday, he was glowing. he said he valued the company, but it was hardissed the opportunity to buy it. right now it's heart to adjust the price tag. how do you think about that? >> yes, i think he referenced the psychological issues of missing it 10 x ago and wanting to buy it now. really what investors skee here is the underlying profit in the core business is actually very high. they just have incredibly large investments that they're making in a number of core areas. the investment community has a lot of trust in management, believes in the opportunity and is encouraging them to invest. >> ed, you're just not buying this idea? >> we completely agree. we think they'll continue to grow. this stock has outperform almost every stock, and at this point, this is more of a sector weight than an overweight. >> do you think investors will get an opportunity with a better price with a pullback here? >> i think as it continues to hit new highs, ittic ins the risk of these long duration hypothetical earnings power story stories. right now the market has been on a

we'll head back to omaha for more on becky's big interview with warren buffett, why he says he was too dumb to invest in amazon, which i find hard to believe. melissa? >>> a quick check on markets. stocks are lower but in a narrow range. the nasdaq set another high before moving lower. the s&p 57 managed to set its first interday record high since the beginning of march also before loss of gains. apple having the biggest impact, positive impact, on the dow hitting new highs once again. its market cap now close to $800 billion. tyler? >> and we begin this hour in omaha where becky quick sat down for three hours with the billionaire investor warren buffett. she was also joined for part of the conversation by charlie monger and bill gates. that is three in a row. he lamented he didn't really understand tech for a time. hi, becky. >> it's great to see you. you're right. this was a different berkshire hathaway meeting. so much focus. warren buffett said he doesn't understand technology stocks. he told us he doesn't even own a smartphone. it was an amazing weekend to hear about technology. he went on and on about how impressive amazon

warren buffet says he missed out by not investing in google shares years ago at the berkshire hathaway annual meeting he told shareholders he avoided tech stocks because he didn't understand how they made money. that's hardeve. however google isn't the only company he missed out on. he revealed he passed on amazon as well. >> that's his whole thing though. you only buy candy and coca-cola. >> he's done all right. >> a colorful celebration in san francisco today. families took to the streets for the annual block party in the mission district. this is on valencia and 24th streets. visitors celebrated the mexican holiday with delicious authentic food. makes me hungry looking at it and performances and a little shopping. i celebrate cinco de mayo. that's why i'm here. >> she know what is she is there for. >> we all celebrate cinco d cinco de mayo. >> that's right. >> now microclimate weather. certified most accurate in the bay area. >> our weather department has a new title ladies and gentlemen. it is now the most accurate weather station in the bay area and that is according to weather rate this is a big accomplishment. coming ouf the wet winter we had. our microclimate weather team is the most accurate whe

warren accused the secretary of a bizarre policy shift. hasu.k. prime minister called on voters to give her the freedom to walk away from brexit talks without a deal, reinforcing her hardine response to leaving the european union. her conservative party's manifesto asks the government to back her plans for a clean break, and supporting her it talks fail. is better than a bad deal. brazilian president michel chama -- defiedve tall calls for him to step down. ogle media says he moved have -- --al media says he has moved the turmoil has seen stocks, bonds, and the real tumble. global news, 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. you can find more stories on the bloomberg. we are getting very close to the end of what has been a very volatile trading week around the globe. taking a look at what we are saying and asia. a turnaround -- a turnaround in the nikkei, and also a turnaround coming around in the chinese stocks, which were looking down at about 0.3%. tracklian shares are on for their worst week since november. having a look at some of the stocks we are watching, singapore airlines is a big one. coming through wit

hard to suss it out because a lot has to be figured out. want to get your thoughts on what happened over the weekend. berkshire hathaway had it shareholder meeting and warrenw he's ready to make new investments but is not finding anything because things are kind of expensive. oliver: he had some interesting back-and-forth whether or not he views the market and active versus passive investment. it doesn't surprise me that he finds it hard to find value. the soundbite coming from a lot of well-known just the $200 million portfolio managers but the big guys in the room. it's pretty simple math that everything is operating at high valuation. a guy like buffett likes that traditional buying a company letting it develop. those options are fewer and far between. not looking that apple as a tech company but as a company that can sell lots of products. get you a check of the headlines on first word news with mark crumpton. mark: former acting u.s. attorney general sally yates, who is fired in the early days of the trump administration, is on capitol hill giving testimony to a senate committee about russian interference and masters presidential election and trump as

hard to bring businesses to town. so, i tried to come get inside their perspective on what they thought they should be doing to help the community. bob warren who is here today is somebody else i got to know well. he was running a job center which is ground zero for where people went when they lost their work. bob taught me about the options available, the funding, the retraining, hew people tried to help people find jobs. so, job's perspective was a valuable one and seeing who comes in when people don't have work anymore and what their options are. i also write about a woman named ann forbeck who was a social worker who lives in janesville and was the cofound are of 1649 which is an effort to try to house unaccompanied homeless kids. i was moved by ann telling me how when she and a counterpart in the loyd system system got it going. just talking about the homeless teens in janesville people didn't believe it. this is not a place where people had homelessness. she is really exposed and done a lot of good work to try to help people understand what kinds of needs come kids have. i was very interested in what that effort was, what it takes for

warren: thank you. i want to say thank you for pulling this together for everyone, how much this matters. these are hard to do. the senator has been trying to get it together so we would have a chance to put real faces behind the story of what happens if the republicans are able to repeal health care for so many millions of americans. i am also grateful to all of you for being here, i'm sorry i was not here for all of the testimony, as i am sure you heard there is a lot going on today. but it does not mean that we can turn away from this critical issue. it has not even been a week since the republicans voted in the house to tear up our health care system, to rip away coverage from those that need it most, to open the door to discrimination based on pre-existing conditions. and now that they are going after medicaid and private health insurance, including employer-sponsored health insurance plans, no one is a safe, no one is safe and that has to be the message we underline today. republicans are not just taking away health care coverage, they are also tearing apart the financial security of millions of a