jack: mike bloomberg could figure out how to get you a soda.ng look atl patch. >> yeah, marathon petroleum has been on barron's radar for some time. we saw the reopening play, also news it's looking to sell off its speedsway division, also talking about doing a pinoff. either way, we could see that stock going to 50 at some point. jack: that's a refiner, not quite reliant on oil prices. ben, what do you have for us? >> biotech stocks, they've been sort of stuck in place for the last six weeks after having a really nice rally off the low in march. they are looking like they're setting up for another leg higher. i think they look great. jack: had a nice pop on friday. to read more, check out this week's edition at barron's.com. don't forget to follow us on twitter, that is all for us. wear that a mask, see you next week ♪ >> from the fox studios in new york city, this is maria bartiromo's "wall street. '. maria: happy weekend, everyone. welcome to the program that an loses the week that was and helps position you for the week awe head. i'm maria

my colleagues, ben levisohn, carlton english and jack howe., according to lpl, the market had its best 50-day streak in all of history, and that was before friday's 800-point jump. is this all about jobs? what's going on? >> yeah, i mean, the market certainly sniffed out something, something big happening, and it really, i think, was shown in this jobs report. 2.5 million jobs were created last month, and to show just how crazy that number is, the most optimistic economy who was surveyed expected a job loss of 800,000. i mean, it's just an enormous dishes, and this is -- difference, and this is fantastic news showing that the recovery from the coronavirus shutdown is going faster than anybody really expected except for maybe the stock market. [laughter] jack: so as investors, with we a always want to think about risks, right? there could be a second wave of pandemic, we still have three times as many people collecting unemployment insurance as we did at the peak of the great recession. there has been blood on the streets, it could get worse. b

jack: so avoid hertz but, karltop, you think home depot might look interesting right here. >> yeah. home depot is a stay at home play and a reopening play. even i shopped at howthe dividend looks safe, yeelding a little more than 2%, so looking at home depot this week. jack: and speaking of lockdown, ben, people can just back up the suv and pick up enough pasta for the extended family at olive garden. >> that's right. i like darden right here. the stock's town 30% this year, but if reopening can keep happening, the stock's going to go up. it has a solid balance sheet to protect it. looks pretty decent. jack: thank for those ideas. carlton and wen, jack, thanks for that advice. to read america check out this we can's edition at barron's.com and don't forget to follow us on twitter. that is all for us. wear your masks, be healthy, and we'll see you next week on barron's round table. ♪ ♪ >> from the fox studio in new york city, this is "maria bartiromo's wall street". >> happy weekend everybody, welcome to the program that helps position you for the weekend ahead. joining me coming up in just a few moments white house trait advisor peter navarro is here to talk

how i see my life. because it's my vision... preservision. ♪ ♪ jackvestor john rogers has recently found himself playing two important roles. chairman and co-ceo of chicago-based ariel investments, but he's also an african-american ceo at a time of you are turmoil in our natio. john, you and i have talked about value stock over the years, but there is another consideration going on in the country right now,° conversation, and you have been outspoken in putting the killing of george floyd into historical context. what should the nation and the business community take away from this episode? >> i think the business community needs to understand that the african-american community has been experiencing a widening wealth gap over the last 40 years or so. it's just getting worse and worse. the data just crystal clear that the wealth gap's getting larger and larger. and it helps to cause all the other crises that we're facing; poor health care, poor education, poor housing, poor retirement plans because of this. so we need to, as corporate america, figure o

jack: how you doing, marcus? i'm jack. lemonis: jack, how are you? nice to meet you. ly nice to meet you, as well. lemonis: hey! [ claps hands ] how you doing, buddy? so you really are in the shop. damion: i told you. lemonis: i didn't know you guys were out in the middle of nowhere. damion: this is four acres of almonds. -lemonis: an almond farm? -damion: yeah. it's not really a livable space. we have to drive a mile down the road to use the restroom every day. lemonis: in order to start a business, you got to have some basic things. you got to have money in the bank. you should probably have a business plan. you should probably have a bathroom. maybe i should add that to the three p's -- people, process, product, and how about we add potty? what machinery are you using? damion: we just have standard table saws, standard planers. we did it on a budget. this is the most basic tools you can buy. it's pretty difficult to work in here. it's hot, there's no air-conditioning, there's no ventilation, and the space, we're pretty limited. i mean, we had a big delivery of cedar

chip maker may play a role, on the long distance round table, ben levisohn, carlton english and jack howee fed has been sometimes blamed for propping up the market, but it looks like friday's selloff may have been in part due to what the fed was saying and doing. >> that's right. i think the fed made a mistake. they released the results of their a bank stress tests, and at first they looked just fine. the dividends were capped for the third quarter, but that wasn't much of a surprise. normally the suspension of buybacks because no one's really buying back banks anymore, but they left a lot of uncertainty about future quarters. as investors looked at those numbers, they a really started to get a bit afraid of what it meant for bank stocks, and then they started to fall on friday. and it really isn't good for the market at this point or investors. tech is about 27% of the s&p 500 right now. if that's near dot.com levels. investors really need other choices besides tech, and they were starting to feel comfortable with finance and banks. the fdic on thursday had approved some changes to the v

jack howe got an update. >>> tech stocks have powered the market's recent surge, but they're lookingable price. >>> and the pandemic-fueled down

the responsibility is those you talk about had the moral high ground the movement has been high jacked. how do the folks regain that moral high ground? guest: you're not going to lose the moral high ground when you watch that video of what happened to george floyd. no matter what you may think about law enforcement and the communities and people protesting you cannot see that -- i don't know if many people were able to watch the entire nine or ten minutes to see that kind of cruelty. i think people were shocked to see something like that. and it's unfortunate that there are those who have their own agenda and i can't say whether they're being paid for by someone. i don't get caught up in conspiracy theories. i don't know what it is that causes people to do further damage and harm to communities already suffering through the pandemic and covid-19 and yet i see these people. so what do i have to do with this? i believe you destroy my life i'm already suffering i'm not getting ppe money, i've got employee that is need to be employed and yet you're showing disrespect. you're going to always hav

jack: yep. david: and how did you actually come to meet him? ck: well, he was a speaker at the banquet of my first u.s. amateur when i was 15 years old. at that time, he had gotten paralyzed as he went on, but he was still walking with canes at that time. and he saw me play. coming in the last practice round, he says, young man, i am going to come out and watch you play a little bit tomorrow. the greatest player who ever lived, bob jones, is going to come out and watch me play. he came out in a merely bogey, bogey, double bogey. lost my match, but it was a great experience. he became a good friend. he was great counsel. he was a really, really good man. david: so you decided ultimately to turn professional in the year after you won the second amateur. you won the u.s. amateur twice. jack: yeah. david: after you had done that, you decided you would make a career out of it? jack: i didn't have any more goals, anything more to do in amateur golf. and i wanted to be the best i could be at playing golf. so i said, the only way that i could do that is

jack, how are they doing, how are you doing and how are the workers doing? >> we are all safe.fe. just damage to property but fortunately we have a lot of resiliency. our company, our employees and partners went out to start delivering food and resources to the local communities that have gotten torched down. we are all in the service business. we are they are to serve the people. it is unfortunate so many businesses that may not have had insurance and may not be able to recover had to take the brunt of these looters and rioting. >> neil: what do you think of some, you know, leaders and cities and states say it might be a little reluctant to bring in the national guard. i know as you know in washington, d.c., that has been an issue for the mayor because he thinks it might actually bring on more agitation. what do you think of that? >> i mean, peaceful protest built our nation, but when you have a mayor like minneapolis who literally waited for days to call to action and never really stood up against the evilness, that, let's not blend the two sides, you can peacefully protest b

how often does that happen? joe t.: not very often. lemonis: so it's totally coincidental that all three orders that i pick up are jacked up? man: yes. s: in the restaurant business, there are going to be mistakes that happen in the kitchen, but when i see it happen over and over again, i'm starting to worry about how much this is affecting our food costs. can we sit down and have a financial discussion? joe t.: sure. sure. lemonis: i wanted to go over top-line revenue for the last 90 days. and then i want to dig into food costs. what were we doing prior to that renovation? $50,000 a month? -todd: yes. -lemonis: okay. and so in the month of june, right out of the gates, $108,000. the gross profit on that -- $73,000. -todd: right. -lemonis: and so food costs, as you know, are a function of the cost of the product and what else? -joe t.: labor. -lemonis: nope. -todd: budget? -lemonis: nope. -joe t.: price sold? -lemonis: that's right. the restaurant business is really one in the margins and the smallest of numbers. and the most important factor in the restaurant business is food costs. food costs are calculated by taking all of the cost

how jack and the family are navigating these difficult times. ♪ laura: russians health watchdog saysy 500 medical staff have died after contracting coronavirus. . since the outbreak began that is a jump from last month's figure of over 100 doors, nurses and health workers. sarah rainsford has more from moscow. >> after this head of the watchdog here made this statement and talked about 489 medical workers losing their lives in this covid pandemic, watchdog backtracked and said these were not official statistics. that she was citing an unofficial tally -- tally. i think even so, it is interesting that this watchdog, a very official body, is keeping a close eye on that unofficial tally. the official numbers for now are three weeks old. they talk about 100 one medical workers having lost their lives so far. even so, ding this conference, there is a conference online about medical safety. the watchdog had talked about serious shortcomings, particularly at the beginning of the outbreak. ♪ laura: keeping up with zoom classes this school year has been hard for students and their parents. as

the responsibility is those you talk about had the moral high ground the movement has been high jacked. how do the folks regain that moral high ground? guest: you're not going to lose the moral high ground when you watch that video of what happened to george floyd. no matter what you may think about law enforcement and the communities and people protesting you cannot see that -- i don't know if many people were able to watch the entire nine or ten minutes to see that kind of cruelty. i think people were shocked to see something like that. and it's unfortunate that there are those who have their own agenda and i can't say whether they're being paid for by someone. i don't get caught up in conspiracy theories. i don't know what it is that causes people to do further damage and harm to communities already suffering through the pandemic and covid-19 and yet i see these people. so what do i have to do with this? i believe you destroy my life i'm already suffering i'm not getting ppe money, i've got employee that is need to be employed and yet you're showing disrespect. you're going to always hav

jack's steakhouse. you are open in georgia. howat going and how did day one go here. >> georgia is doing incredible. we are like seven, eight weeks. in so we are doing 50% of the business in sales than we used to. it's taking time last three weeks we see a lot of the growth and getting back normal and opening more days. here in new york, everything is moving forward. it's way slower. the leadership has been weaker, basically laying out all the terms. it's been tough. a lot of us don't have outdoor cafe space here in new york. so now like in bay side, queens, we are going to close the streets. all the restaurants in the community board we worked on that ninth avenue. 34th street, we are working building a cafe out in front of that restaurant. trying to put up sales and stuff to protect from the sun and the heat. brian: yeah, you have some umbrellaing out there. so you are making some adjustments. in new york, in particular, have the landlords who you have to pay rent to while you are not open shown flexibility. >> all my landlords c