. >> gary lowe has taken over the counter permits. if he doesn't hear back from them, he does follow-up calls. he try to get the comments issues to move forward with the process. >> president mccarthy: thank you. my comments just as i read in the newspaper. i know for a fact how much you are doing behind the scenes to help the stakeholders and so on. i felt we keep communicating as best we can. you trying to do -- when these reports come out, there's a lot of moving talks attached to them. not just d.b.i. i think to commissioner lee's point, there's that misunderstanding what a delay is there for and why it happens. sometimes design professionals s are quite convenient. unfortunately we get blamed the reason why we're in trouble. particularly in the court of public opinion. that's the key for me. i know i talked with lot of people who understand the process and can actually identify when they are held up. they don't make a big deal about it. they understand why they are held up. it's usually due to issues. in the case i just talk -- u

price is very low. gary farmers are going out of business, frankly, in a lot of places in sort of record numbers right now a lot of distress, particularly with family-size dairies. but this is the really big issue, particularly for family farmers. in onhe is talking about the input side, the stuff that farmers have to buy, the fertilizer, the seed, the fuel, all of those kinds of things, the feed in particular, the ies thatf compan provide those services have been reduced to a small handful, so as a result, there is far less competition in that marketplace than what ought to be there. a generation ago, farmers got about $.35 of the food dollar. today, it is $.14. so where is the rest of that $.86 of the consumer food dollar going? well, it is going to these companies that are selling at higherfarmers prices, making it even more difficult for farmers to make money. and the other sheriff of that is going to the marketing side, so itn sarah produces the milk, goes through a small handful of companies. on my far

gary raised a number of important points that contribute to our broken and fractured health care system. however, principle among them is we build a health care industry that's able to collectively maintain high prices and low levels of competition. and gary's not alone in his thinking. west health recently partnered with norc out of the university of chicago to understand public perceptions around factors that contribute to high prices and low competition. what we found is that nearly three out of four americans think that the players that make up our health care sector collectively maintain high prices. we also asked about competition. two-thirds think these same players collectively maintain low levels of competition. high prices, low competition. what do you call that? the oxford dictionary defines it as a cartel. so it turns out that gary's description and characterization of the health care system is an apt description, and americans overwhelmingly agree. for me personally, when i thought about the word cartel, many things came to mind. however, the u.s. system and the u.s. health care system was not one of them. as it turns out, we seemingly have one, and it's alive and well in washington, d.c., and

price is very low. garymers are going out of business, frankly, in a lot of places in sort of record numbers right now a lot of distress, particularly with family-size dairies. but this is the really big issue, particularly for family farmers. in onhe is talking about the input side, the stuff that farmers have to buy, the fertilizer, the seed, the fuel, all of those kinds of things, the feed in particular, the ies thatf compan provide those services have been reduced to a small handful, so as a result, there is far less competition in that marketplace than what ought to be there. a generation ago, farmers got about $.35 of the food dollar. today, it is $.14. so where is the rest of that $.86 of the consumer food dollar going? well, it is going to these companies that are selling at higherfarmers prices, making it even more difficult for farmers to make money. and the other sheriff of that is going to the marketing side, so itn sarah produces the milk, goes through a small handful of companies. on my farm, w

gary raised a number of points that contribute an our broken and fractured health care system. principle among them is that we tolerate a health care industry that's been able to collectively maintain high prices and low levels of competition. gary's not alone in his thinking. west health recently partnered with nrc out of chicago so understand perceptions of factors that contribute to high costs. what we found is nearly three out of four americans thought the players that make up the health care system man tan high prices. we asked about. competition. two-thirds think the same players maintain low competition. high prices, low competition. what do you call that? the oxford decision nary defines that as a cartel. turns out gary's description of the health care system is an apt description and americans overwhelmingly agree. for me personally when i thought about a cartel, many things came to mind, however the u.s. health care system was not one of them. as it turns out we seemingly have one and it's life in well inned with and across the country. now i would like to introduce someone who works tireless will and i who has been a powerful champion to improve our health care system, making it more afford

that has been able to collectively maintain, collectively maintain high prices, and low levels of competition. and, gary is not alone in his thinking. recently partnered with norc, the university of chicago, to understand public perceptions, around factors that contribute to high prices, and low competition. what we found, is that nearly 3 out of four americans think that the players that make up our healthcare sector, collectively maintain high prices. we also ask about competitions, two thirds think these same players electively maintain low levels of competition. high prices, low competition, what you call that? the oxford dictionary defines it as a cartel. so, it turns out that gary's description and characterization of the healthcare system, is an apt description, and americans, overwhelmingly agree. for me personally, when i thought about the word cartel, many things came to mind. however, the u.s. system, and u.s. healthcare system was not one of them, as it turns out, we seemingly have one, and it is alive and well, in washington dc, and across the country. now, i would like to introduce someone

and this was a low point for his administration, as far as the criticism he faced, you know, gary cohn at the time, supposedly typed up his resignation letter. >> top economic adviser at the time. >> yeah, top economic adviser at the time. so this was a low point and this is a point where people who may give president trump the benefit of the doubt on other issues, where he even had those people kind of coming out against him at that point. so to want to re-litigate that, is questioning, but for president trump, he always wants to say that he was right and he did the right thing. >> david urban, you have a new op-ed in the philadelphia enquirer. trump tax cuts are helping pennsylvanians. >> there's a key pivot. i'm pivoting right here. >> do you think he should be talking about tax cuts and jobs and that sort of thing and relitigating perhaps the worst moment of his presidency? not a good idea. >> i think it's a bad idea. i think the president today should be talking about how in pennsylvania, in the city of pittsburgh, where the vice president is soon to be speaking, during the obama/

neil: now of course, we don't see evidence of that now, and then gary you've been talking about the fact we have record lowand for key groups, record high employment so that's the wind at this president's back, you know it's hard to sort of forecast these things, but i know recessions eventually come, i guess if you're in control of the white house, you just hope they wait until after the next election but how do you see this market in the economy? >> well there's a reason why the president is jaw boning the fed to take rates down even more than they already, i mean we're 2.5% like that. i still remember when they were 10 and 12 and higher than that. there's a reason for that. he wants things to keep going. look everything looks to be in great citied, the only thing i would tell you with markets we've had two years of gains, in the first quarter, and i know i'm hearing people saying oh, maybe we can have a 30-40% year. that's outlier to me so i think you have to be careful about that. i think you have to be a little bit careful about the froth we're seeing in those ipo's coming out. by the way over 80% sla

low is understated. david: i got to stand up for ol' joe. both jack and gary have beat up on him.e's apparently wants to open his campaign next week in the steps of the philadelphia art museum. remember rocky? not all old-timers who have tried it before failed. rocky succeeded and joe thinks he can be the next. >> will he be wearing the gun metal gray sweats and the whole thing? david: we'll have to wait and see. might be too cold. >>> the economic impact of trump's trade deal with canada and mexico. it could be huge. a startling prediction coming next. ♪ am car. it turns out, they want me to start next month. she can stay with you to finish her senior year. things will be tight but, we can make this work. ♪ now... grandpa, what about your dream car? this is my dream now. principal we can help you plan for that . i have heart disease, watch what i eat, take statins, but still struggle to lower my ldl bad cholesterol. which means a heart attack or stroke. could strike without warning, pulling me away from everything that matters most. (siren) because with high bad cholesterol, my r

low is understated. david: i got to stand up for ol' joe. both jack and gary have beat up on him.parently wants to open his campaign next week in the steps of the philadelphia art museum. remember rocky? not all old-timers who have tried it before failed. rocky succeeded and joe thinks he can be the next. >> will he be wearing the gun metal gray sweats and the whole thing? david: we'll have to wait and see. might be too cold. >>> the economic impact of trump's trade deal with canada and mexico. it could be huge. a startling prediction coming next. ♪ am car with all that usaa offers why go with anybody else? we know their rates are good, we know that they're always going to take care of us. it was an instant savings and i should have changed a long time ago. we're the tenney's and we're usaa members for life. call usaa to start saving on insurance today. 2,000 fence posts. 900 acres. 48 bales. all before lunch, which we caught last saturday. we earn our scars. we wear our work ethic. we work until the work's done. and when it is, a few hours of shuteye to rest up for tomorrow, the

low. >> matthew chance live for us. changing strategy, now zeroing in as if they're drug dealers on the street. -and we welcome back garyycles, a boat, and an r.v. i would not want to pay that insurance bill. [ ding ] -oh, i have progressive, so i just bundled everything with my home insurance. saved me a ton of money. -love you, gary! -you don't have to buzz in. it's not a question, gary. on march 1, 1810 -- [ ding ] -frédéric chopin. -collapsing in 226 -- [ ding ] -the colossus of rhodes. -[ sighs ] louise dustmann -- [ ding ] -brahms' "lullaby," or "wiegenlied." -when will it end? [ ding ] -not today, ron. it's how we care for our patients- like job. his team at ctca treated his cancer and side effects. so job can stay strong for his family. cancer treatment centers of america. appointments available now. cancer treatment centers of america. this is the family who booked the trip. ♪ which led to new adventures and turned moments into memories. with flights, hotels, activities and more for your florida vacation, expedia has everything you need to go. woman: this is your wake-up call. if you have moderate to severe rhe

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stuart: sarcasm is a low form of wit but actually works this time. gary, thank you very much, sir. see you again soon. >>> tesla and panasonic are putting the expansion of the giga factory in shanghai and also in nevada on hold. look at the stock, down another eight bucks. tell me more. susan: there isn't enough demand right now for tesla cars. that's why they are freezing expansion of the $4.5 billion giga factories that make batteries for tesla vehicles, also $5 billion investment in shanghai. because deliveries didn't meet standards in the first quarter, they only delivered around 60,000 or so, 63,000 first three months of this year, that's a drop from the final three months of last year, 2018, where they delivered 90,000, so there isn't enough demand right now for tesla cars. having said that, we did see the stock bounce this week because there might be an extension of the green credit on those electric cars by a bipartisan u.s. senate bill and if that does happen, you can imagine that with americans getting more money back to buy tesla cars, that sales figure might go up. stua

too for relatively low price, disney plus might not be the best netflix killer, but combined that is very attractive consumer offering. connell: weigh in on that. we'll get back to gary on some numbers in a moment. what about the competition and where netflix stands strategically? >> i think the biggest thing we're going to see is consolidation. you kind of got a taste of that with apple tv the apple tv plus service was more than offering original content. away of offering experiences in one place and one experience for navigating those things. netflix was not a part of that list. connell: we'll get ibm in a moment, gary, breaking. quick thought on netflix only 3% lower. maybe the guidance is not as bad in analysts minds as thought or the other numbers are holding okay. this stock usually moves on average what, five or 6% maybe more than that? this is not a big move in netflix world, right, gary? >> i said we're in a strong market right now. i think it's a very forgiving market. i think it would be much worse if we were in a bearish market now. no matter what you cannot spin how much of a miss this is, not on the past but on the future. connell: okay. >> russell and

low. >>> san francisco police are looking for suspects and a smash and grab break in early this morning around 4:30 am. someone crashed a nephews be an suv into a store on garysaid a white mac -- suv backed into the store 3 times. one person ran inside and took shoes and handbags before driving off. >>> you're watching ktvu fox 2 news at 6:30 pm. we are learning more about an incredibly close call in napa from an emotional mother who says that she and her two kids are likely lucky to be alive after they were almost hit by a car outside a well-known restaurant. >>> police say the driver lost control and smashing into the sidewalk seating area as the family was exiting the restaurant. cristina rendon spoke with the mother who said she has been emotional ever since monday's incident. >> i just open the door. >> reporter: it is hard for giuliana to watch this video. it captures the moment she and her two children were nearly hit by an out-of-control car after they walked out of a restaurant in napa on monday. the car plowed through the outdoor tables and chairs. >> i saw a car like very close to me and like, i could not do anything. >> reporter: she returned to

gary kaltbaum buy it at $1917 a share? >> no. it just moved up 400 points off the low, actually about 500. i would wait for a pullback. let me be clear. those numbers on the earnings front are just huge. i went through them. they are real numbers. sometimes you get tax rates moving around. those are darned good numbers. my only negative is you still have deceleration of sales growth, but that's because the company is getting so big it's just tougher to continue to grow at very large rates. susan: so sales growth, revenue growth, slowest in four years. also advertising growth, which has been doubling each and every quarter, actually slowing down as well as the cloud. more profitable, slowing revenue growth. it depends on your outlook. a lot of people pencil in more than $2,000 for this stock. stuart: they do indeed. uber has lowered its target market value again. was $100 billion. now they are looking at $80 billion to $90 billion. is this because of lyft shares? >> absolutely. job one in investing is don't lose money. look at all those institutional investors who bought into the lyft ipo, they are down 22%. that's got