if you go on -- amazon has a big boost for amazon publishing. they're giving away a lot of galleries. have a sense of excitement around the but it's not that big publishers don't but it's this extra bit of tension that is added here at the publishing big list trade you in america. >> you talked about the tension that the publishers have settled with doj. are they the outliers? are they look down upon by the rest of the industry because they settled? >> it's hard to see. there are different reasons why these three publishers sell. largely due to the expense of@ litigating the publishers may be beholden to their shareholders and to larger corporate aims, but they don't have the time and resource and the money to spend millions and millions and millions of dollars litigating a case that will likely go on for years. in vatan this may make the google books settlement in terms of time and money look like child's play. >> we've talked to several publishers here at book expo america, at the industry convention, and we've talked about e-books and where t

the book is nine amazon publishing. then it movies released so independent bookstores and brick and mortar retailers could order print editions but what have been with barnes & noble have come out to there will not stop the titles they have the direct way of selling the books. it makes phoenix interesting with the sec and largest brick and mortar because they may not have the same access as their counterparts >> what about sara nelson? >> that was largely because it looks like she will prayer they work on the website side perhaps changes the way the amazon editor's pick. so not directly involved with the book publishing arm the day hired the sara nelson to be the best cyrano said. she used to be editor at up zero pervez magazine and then "publishers weekly" before that. she was a champion of books and has the polls on what people are reading. that is why amazon brought to hurt and to be

amazon's success thanks in large part to roger hman. he's a former amazon executive. his ideas are behind much of that company's success. rahman sold his latest company to wal-mart which is how he finds himself in the latest position. he's one of the earliest investors in facebook and had the opportunity to buy google. we could start in so many places, but let's start with the conflict or the competition between you and amazon. you were a key figure at amazon that helped amazon grow into what it is today. >> well, you know, it was a little bit of an exaggeration to say i was a key figure. >> it's all a team effort. we have heard it all before. you were a key figure in amazon. so much of what you're doing is competing with something that you yourself had helped set up. >> in a way, that's true. you know, my first company that i started back in 1998 acquired amazon. i worked at amazon for a couple of years from '90 to 2000. helping to make it from a retailer into the retail platform. >> a third party retailer. >> that's right. yes. >> so other things as well. is it true

this is because amazon no longer just a retailer. it's also becoming an infrastructure company, which rents out its website, its customer service team, its warehouses and its databases for others to use. that means if you want to sell something online, you can focus on finding your products, and then plug yourself into amazons systems, and it will do the rest. you also get access to the 85 million people who visit its site every month. but there are downsides. amazons takes a cut of your sales. it also takes away your independence. and amazon can look at what you're selling and take the best ideas for itself. it's becoming a network business like stock exchanges, power grid operators and credit card companies. it's making the world more efficient, but it's also storing up systemic risks. if something breaks down at amazon, suddenly a lot of people are going to suffer. so if amazon wants to become the back office for all forms of online commerce, its going to need to persuade regulators and lawmakers, as well as business and consumers

amazon higher and facebook falling slightly. chp is the better play to make money in this market if you're investing in internet related companies. we have richard ross, lou ker kerner. lou, do the zynga numbers present a warning for owners of facebook? >> it's a sign that zynga is becoming less important to facebook, and part of the problems is facebook started directing more traffic to games outside of zynga. >> so we'll see if there is similarly in terms of the advertising. what do you like more, facebook or amazon? >> it's a tale of two charts. the age of foolishness. let's start with the bad news, facebook. this well defined down trend from the ipo, the stock settled into a pretty nice trading range. 28 on the low end, 33 he will resistance on the high end. that now projects measured downside to $25. we're a selling of the stock ahead of the earnings, we don't like that $23 target. >> how much lower does facebook go in your view? >> 23 could be conservative in our view. it's not a good combination. >> you want to buy amazon

you were writing recently about amazon in a way that i hadn't considered amazon before, and that is as sort of my local store delivering to me the same day, is that coming? >> it is coming. it seems like that's what they are working on. one of the things that's happened recently is amazon, after many years of fighting with state governments about collecting sales taxes, it's signed a bunch of deals with various state governments saying that it will start collecting sales tax and people were puzzled about why it would give up. >> they were winning. >> and the reason is because by collecting sales tax, it allows amazon to set up a local presence in various states, so they are setting up these fulfillment centers all over the biggest states in the country, so they are going to have, like, ten here in california, many on the east coast, and the reason is they are trying to radically scale up their infrastructure to send stuff next day sort of as default and same day, maybe. >> how quickly can i get stuff that i order? >> in places they offer this service now, like in seattle, you can get s

amazon is the player.ant in movies, books, electronics in particular. there's all kinds of innovation in ecommerce around pro ration, creating new opportunities overall, online retailers are really gaining share. >> to put a period on this conversation, it's always hard to forecast the end of a company, especially for best buy shareholders but how long would you give them? how long can they survive? >> they can't survive if their comp store sales continue to be negative. as online continues to gain share, if anything that share gain will accelerate, it's a real challenging situation for physical retailer with massive off line assets. >> jeff, good talking to you. come back soon. >> thanks very much. >>> you should know we did reach out to best buy, the company could not immediately be reached for comment. so far we continue to reach out to them. in the meantime gold rallying on the back of eu bank plan announced friday. is the bullion bounce here to stay. count you down to the close in europe in 10 minutes

obviously everyone loves bezos and amazon. like steve jobs did bore him, he came back to a company that had lost its way after he worked so hard to build his own vision into the culture. it was almost like lightning striking twice. that's really rare. not every founder can come back and do it twice. michael dell is a good example of when it doesn't work. from that standpoint he has it. >> i prefer starbucks versus all of the others. >> joe terranova. >> let's be clear on this. what mark zucker berg has done by age 28 is something that very few individuals in the history of the world has actually accomplished. he'll figure it out. on the call yesterday he did sound somewhat like a student reading a book report to the class, and i think the problem that you have there is when you look back inside bezos and you look back inside the career of howard schultz, you'll find things that helped them. look at bezos. bezos working on wall street, bankers trust, d.e. shore. that may have helped him to where he got to be now at starbucks. l

amazon is now getting into that discussion. >> just as the issue of same-sex marriage has been thrustspotlight with protests targeting the chick valley, now comes a different stance from one of america's biggest brands. the president contributed to 0. 5 million to efforts to legalize same-sex marriage and washington state. it is believed to be the largest individual gift in the country to secure or protect the freedom to marry. these views are in stark contrast to the president of ticks away. -- chick-fil-a. >> even politicians are weighed in. >> to fully values are not politicians values. >> will amazon now be targeted by opponents of same-sex marriage? the national organization of marriage had no immediate response. it has previously targeted places like starbucks. >> for a brand like amazon that is so universal, it is less of a risk, honestly. >> the branding consultant we spoke with says that it fully will be able to move beyond the this controversy without a big dent to the bottom line. >> we really have to look at the zoning issues. >>vicki: mayor ed lee had strong word for to d

amazon dominates the global market for readers. u.s. sales of the kindle topped 1 million units a week for three straight weeks during the last christmas season. the germans and french are buying them up, too. the people at amazon are preparing to offer a range of japanese content when they launch here. but a japanese giant could change the plant. later this month, online retailer rakuten will release a japanese-capable reader of its own. the company will sell a device made by kobo, a canadian ebook retailer it acquired last year. consumers will be able to pick one up for about $100. >> translator: we want to introduce an ebook reader that anyone can easily access and let people enjoy content from around the world. we hope our new reader will start a revolution in the book industry in japan and around the globe. >> earlier, nhk world's ron madison spoke with damian thong, a senior analyst at mcgwire securities and is an expert on the ebook market. >> thanks for being with us. let's talk about this now because it's a very unique situatio

-- i will pick on brother amazon -- amazon's innovation was not technology. it was not technology. they have to use virtualization technology to enable what they are doing, but their innovation was not virtualization. for the old people in the room, ibm did this in 1972, right? their innovation was 12 cents an hour. 12 cents an hour. and transparently. we could go right now and look it up. you can buy it for 12 cents an hour. that ability to sell you -- and they are not the only ones. other people are starting to do this. so transparent, by the way. but that innovation to give you computer for 12 cents an hour. that is a business innovation. they were economically not possible before. let me give you a simple example. some of you may not know this. a couple of years ago, and they may not want to talk about this, but 350,000 people could not file their taxes on tax day. not very good. you may not know this, but the number one day for ecards on the planet is valentine's day. by a long shot. hallmark processes more on valentine's day. this is because you do not

i do like amazon. i think amazon is doing a lot of things.eople want to get their stuff immediately they have to go to amazon and netflix and breaking bad starting sunday, you're just getting season 4 on sunday. >> we'll have a lot more "squawk on the street" and the opening bell is four minutes away. stay with us. mutual, we know how much you count on your car, and how much the people in your life count on you. that's why we offer accident forgiveness, where your price won't increase due to your first accident. we also offer a hassle-free lifetime repair guarantee, where the repairs made on your car are guaranteed for life, or they're on us. these are just two of the valuable features you can expect from liberty mutual. plus, when you insure both your home and car with us, it could save you time and money. at liberty mutual, we help you move on with your life, so get the insurance responsible drivers like you deserve. call us at... or visit your local liberty mutual office, where an agent can help you find the policy that's right for you. li

and the five are apple, amazon, google and microsoft. what makes those the principal competitors is that they all own platforms on which other companies are building products and services said that they control these big egos systems in which are racists and services and software and apps. also competing with each other, at least in certain ways. you might say, well, apple is a harbor company. amazon mostly sells products and digital content. google is mostly search and advertising. and that's true, but they all are kind of in each other's business. they sue each other regularly. and so that is the big battle right now between those. >> host: when those five companies started they had one thing in common which is the did not care much about washington d.c. they did not have any kind of washington presence. now they all have a pretty prominent washington presence and growing. >> guest: yes. they not only did not care much about washington, they were pretty much determined to ignore government. at think it was sort of value to some extent,

on amazon, the track record for earnings is not that good. revenue numbers consistently higher, but continually will say we'll make money in the next year. >> look at google. >> groupon, up 15% today, and linkedin, i don't know what kind of track record they have, they are doing okay. it's interesting, more puts traded than calls in all of these names today. >> google is higher. it deserves to be higher. growing at 20%, trading at less than 13 times earnings if you back cash out. so you can't -- we can't pate all of technology with the same broad brush. >> in some respects, more broader technology stocks are doing better. those with a track record. maybe not necessarily in earnings, scott, but in terms of shareholder appreciation, amazon does have that track record. what do facebook results mean for other social media stocks? and specifically linkedin because of earnings reports next week on thursday. what do you think? >> i'm not a fan. i got to tell you. and i mentioned this before. i'm actually a paying user of linkedin, and i have noticed

grumbling about amazon or colaining about amzon. es u , knjehe rmtm y is lower pricing for consumers. if you gt that he talks to the rtners in theplig buss someey't e e ey so srt a publishing business which is another thing that all of the publishers are scratching their heads about and woering whe they're going to go n amzo ll hei alortpler titro but one thing they don't no is physic bookstores. barnes & noble is still the largestra s st. ve de nton enan r m bably know borders went out of business about a year ago. that leaves us with only naalhe. okinogss aieisaodgu at means we're going to have new books stores probably going to come from independent book sellers. for the longtiiepnt le gm ben hey esoesn bos tcgend on on-line retailing and expanding. gil books are, you know, another issue thas to e ali fi c e thg taokoh deen oke. at hgi ut actually, the close of borders, some people think it's a time of sur in deen thhaenot o eogoinhe si fheste,nd so se e althy side. people illing to buy bookstor. a lot of ithas to do with the rig

but did you know amazon may know a whole lot more?kosik, tell us about this recommendation system and what you found out. >> to amazon's credit, kyra, this is not all that different from what other websites do right now. you are there to shop, after all. you know, think of all the times you are looking for a dress online and then you see the store's ad pop up on another site you were on later in the day and you thought, gosh, how did they know that? all about how they track your shopping online. now, you probably noticed if you're on the amazon site and you're browsing there, a bunch of items pop up that are called recommended for you. you think, oh, wow, i like that. but amazon's recommendation formula is pretty simple because it bases its suggestions on what you bought in the past, which items you have in your shopping cart, the items you rated and what other customers have viewed. so, let's say you're a new parent and you may see suggestions for bottles, diapers and other things for a newborn and sports fans, you know, they may get

companies like these as i said before they have a lot of things that happen over from state lines amazon for one amazon is having fights around the country as far as sales taxes state by state a lobbying group like this can help perhaps explain to you know lobbyists to congress i am a zones position you know at this point there are states across the country who are starting to collect taxes on amazon purchases right now that's a that's a huge leap hot topic across the country and we're going to see more of that i think and i mean i guess we need this is just the beginning of it so what kinds of policies exactly do you think that they are going to be advocating well i think it will be policies having to do with how these businesses can do the work they do from state to state you know this country united states because it is fifty states and then those states each have separate governments it on a federal basis some of these things may have to be decided because you know there are specific issues i mean to do with state to state interstate transit things like that shipping and all and all

staying on the amazon theme, green light capital's david einhorn talked about the giant. let's listen. amazon doesn't seem compelled to make a profit and it is hard to compete against somebody that doesn't feel the need to make a profit. >> if einhorn has a position but the days that he makes is that it is incredibly difficult to compete against them and grow in scale. >> the dangerous part is if you're revenue starts to dry at some point you do have to say i have to make a little bit of money. that's the scary part. >> i liked this as we were talking last week about the smartphone because of the fact they don't have to make money with the device, that they could use it as a way to push amazon prime to push transactions through their platform, retail and/or books and so forth. i think that's a big positive going forward and gives them a hammer nobody but apple has and given that apple makes a considerable amount of money from its product and these guys might be able to compete with a product but they are willing to lose money on, i think that bodes badly for htc, samsung,

this gives consumers real-time pricing for both amazon marketplace and as well as the amazon retail productsrty products which gives consumers a real-time update on market prices. >> okay. laura, what's wrong with that? >> i think, though, when they start to manipulate the particular item, there's other things going on with the pricing. they are also taking a look at what you have in your basket and they are adjusting the prices accordingly. on one hand, if you happen to be on the right side of things for a consumer, you will get that deal. you may not always be on the right side depending upon the amount of information that amazon has collected on you at that time. and then in terms of -- >> looking at the worst case scenario, is there any possibility the this robo pricing could wind up like the 2010 may flash crash we saw? >> i think there is enough controls in applause that amazon is a company that's smart enough that has enough controls in place that it is well protected from these massive by unusual price fluctuations. >> that's what they said about high frequency trading, right? >> i m

that's a concern. >> amazon, the stocks that -- >> track record too. >> well, i would say this on amazon the track record foerngs is actually not that good. they continually will say we'll make money. >> google. groupon has been horrible. up 15% today. linkedin i don't know what kind of track record they have. they are doing okay. it's i wanting more puts traded than calls in all of these names. >> google is higher. it deserves to be higher. they are growing at 20%. trading less than 13 times the earning if you back the cash out. we can't paint all of technology with the same broad brush. >> some of the more defensive technology stocks are doing better. a lot of cash in their balance sheets. maybe not in earnings but shareholder appreciation amazon does have that track record. what do facebook's results mean for other social media stocks and specifically linked in. they report earnings next week on thursday. what do you think, mike? >> i'm not a fan. i got to tell you. i've mention this before, i'm a paying user of linked in and i've noticed as a user of linked in they have been very agg

philip fearnside, a renowned amazon researcher, thinks the fishermen's assessment is realistic. for years, he's been studying the impact of building dams in tropical climates. >> the lower layer of water in the artificial lake no longer has any oxygen. that means all the roots, leaves and other organic matter decaying there aren't releasing carbon dioxide, because they aren't getting any oxygen. they're releasing methane. methane contributes much more to the greenhouse effect pro tonne than carbon. methane gets into the air both in bubbles on the water's surface and when the water passes through the turbines. that's never taken into account, but it contributes significantly to global warming -- there's nothing green about this energy. >> the area around the dam construction site will be greener, at least visually. the power company plans to plant seedlings on 600 hectares. we ask again how this power is green. >> the energy is considered clean because the process of generating it doesn't pollute the environment. there is an impact on nature, i'll admit, but the power generation

in amazon web services, you have more than 3.5 billion objects. they have to know which one to go for it here that have to break your access. then they have to break the description on the of jets. the probability of stealing your data and getting away with an attack is vanishingly small. >> i think you address one of my concerns, which was the security of my data out on the cloud, but you raised a new question -- who owns my data? what if i do want it to go away? >> there are very challenging concerns. certainly, governed by state boundaries. for example, numerous canadians do not want their data in american dissenters. under a land the vessels, that can be subject to inspection and seizure. all the regulations relate to national boundaries there as well. a cloud providers actually end up having to meet numerous diverse regulatory requirements related to where data may resign and how it may be encrypted. there are different purchase centers for different christian center's and countries -- there are different encryption centers for different regi

amazon reversed instant and headed back up. why?g big to build out a nationwide change of warehouses to become the e-commerce backbone of america. the warehouse strategy is working. you put them everywhere, your customers are satisfied. lower the shipping costs rather dramatically and increase your gross margins. boom, that's the holy grail. amazon's biggest problem is demand, they got too much of it, building and spending to meet that demand. remarkably, the company's gross margins nevertheless expanding, handling more third party business amazingly lucrative that is how it rocked the stock up 17 points. how about starbucks? closed down almost 5 today. stock quickly collapsed, the company talked about a big deceleration in sales last month continued into this month. starbucks hit some sort of ball in the united states. it seems somewhat inexplicable, why the conference call got out of control. including a moment where howard schultz, the ceo, called for a rewinding of the last five minutes of the call, started to sound like starbuc

ryan crocker amazon, france would say you are planning their, you have to be careful. it is a little tough down there. all that changed when the fields were transformed. this could happen again at the beach chalet. it could be a place where people are brought together, people from different backgrounds come together in a nice, and ranching community sort of way. please support this project. thank you. president chiu: thank you. next speaker. >> i also have two children in the city and do my best to remain positive and loving of this beautiful city. tonight we have heard fantastic arguments and when we evaluate a project like this where often considering benefits vs. costs and how to the benefits outweigh the costs we have to evaluate in a decision that ultimately is based on one which has a rigorous methods and best practices based on scientific evidence from other projects. the opposition has held the sponsor to enormous and exacting rigour with regard to proving that the environmental impact will be minimized. the sponsor has gone through excessive project review and

also you've said that it's turned best buy into a show room for amazon.s hurt some companies in terms of price comparisons. >> you walk into best buy and with the amazon app, you can just scan a bar code and see how much best buy is charging for it and how much amazon is charging for it and play with it at best buy. then you see, it's $5 cheaper at amazon plus i'm not going to pay sales tax plus i'll get free shipping. you wait two days and then it shows up. why go into a store and that kind of thing when you can get it online? >> it's absolutely changed my world having it just the way that i communicate. matt, thank you. appreciate you coming in to the studio today. thanks. >>> a 49-year-old woman set out to become the first person to swim from cuba to florida. we'll tell if you this courageous grandmother made it. dad, i think he's dead. probably just playin' possum. sfx: possum hisses there he is. there's an easier way to save. geico. fifteen minutes could save you fifteen percent or more on car insurance. ask me how i've never slept better. [ male ann

report after the bell, alan goldstein manages the fund with counting amazon as a top holding. to have you on the show, welcome. >> thanks, scott, good to be here. >> what do you most want to hear on the call today? are you contend to deal with these anemic margins? >> you know, revenue growth is first and foremost what we're watching. it's quite possible that we'll see modest deceleration of revenue growth because of the global macro economic pressures both here in the united states but also in the other developed markets e amazon operates but in general, we're expecting our, the results to reinforce our thesis, our growth thesis, our investment thesis for amazon, it's taking share within the online sales segment and online sales are growing faster than the sales for bricks and mortar retailers so yes i want to talk about margins but most importantly we're watching revenue growth. >> why aren't margins more of an issue for you? seems to me amazon has been spending and spending and spending to grow their distribution centers, sort of sacrificing short term profits for the long-

why has the belief in amazon changed? heard about the company spending, spending, spending for the future in order to build up their fulfillment centers and investors were always worried that they were spending too much. and all of a sudden we hear the same story this quarter and the stock is higher. >> yeah. from where we sit, we see slower revenue growth. we see a company that made one cent, they generate less than a penny on every dollar of revenue that they earn. trading at 230 times earnings and it's forecasting an operating loss for the next quarter. and it's like, hey, let's bid up shares. doesn't make a lot of sense. but the reality is that both side case is in effect. they're taking over most of commerce and they're going to be building more fulfillment centers and that's going to be a positive sign for the back half of the year. but you have to be concerned about the fact that the current results showed a slowdown particularly in europe. >> particularly in europe. and also are we seeing also what so many other r

most folks think it will impact amazon sales. at least somewhat. right now, the average study says the prices about 12% lower than even walmart or walmart.com. if you add in 8% sales tax, those prices are still 4% lower but remember you're going to have to wait for that package to be shipped. and again, only 4% does somewhat decrease that incentive. how much it will hurt, that remains to be seen. sue? >> courtney, thanks very much. >>> now to stacy woodlitz. you know, stacy, a lot of big stores, you know, brick and mortar stores complaining about the lack of taxes so for online shopping sites. does this actually level the playing field for them or not? >> it does. this was a matter of time. you have had everybody complaining of best buy to walmart because of the price spread. but really, what this does is levels the playing field here. states need to raise taxes. we know that. they have budget deficits. and certainly, the retailers out there really need to level the pricing playing field but the big deal here is that i think amaz

fact that amazon is essentially paying its workers to discover a new skill they wouldn't use at amazonleave. yet they're still paying the bill. back to you. >> very interesting, scott. thank you very much. >>> meteorologist christina loren joins us now with a look at that forecast. >> hey, yeah, you know, we've got some changes on the way, no consistency in the weather department, but the bearer of good news, no extremes either. we don't have any extreme heat or cold to report. in fact, some cities are going to get room-temperature readings later on today, down right perfection, especially along the east shore. those are my pick cities today -- oakland, fremont, beautiful conditions, mid-70s. this is san jose. taking a live look here, completely clear. a little hazy out there. we still have good air quality. open up the windows. it will be another warm day, not quite as warm as yesterday. let's get to your numbers this morning. 66 in oakland, 65 degrees in san francisco. near the water you're holding onto the mid-60s. inland, you want to do any outdoor activities, a couple more hours b

and the five are apple, amazon, google, facebook and microsoft. now, what makes those the principal competitors is that they all own platforms on which other companies are building products and services. so they control these big ecosystems in which hardware exists and services and software and apps, and they're all also competing with each other at least in certain ways. now, you might say, well, apple's a hardware company, and amazon mostly sells products and digital content, and google is mostly search and advertising. and that's true, but they all are kind of in each other's business, and they sue each other regularly, so that's the big battle right now between those five, among those five. >> host: well, when those five companies started, they had one thing in summon which is they didn't care much about washington, d.c., and they didn't have any kind of washington presence. >> guest: right. >> host: now they all have a pretty prominent washington presence and growing. >> guest: yeah, they not only didn't care much about washington, they were

amazon is out, they're missing by one penny, and amazon, the revenue is $12.8 billion. looks like a miss here on amazon. is the earnings part of the story in terms of support for this market? what can you say about the earnings part of the story putting the fed and the global central bank aside. >> i think there is two things to look at there so far this quarter, it's been a a pretty interesting tale. we have had revenues showing largely disappointment but earnings coming through. in the grand scheme of things, three quarters have meat or beat expectations. they are able to postup when all is said and done. >> that's not end market demand, right? that's getting to targets by cutting expenses. >> absolutely, but it's the recipe, and frankly the market that we have been in for an expended period of time here. it's not a new story being told in our market. it's part of the reason why the stocks continue to go up in the u.s. we can run it out and they can continue to be, but at some point that you're getting to, that game does come to an end, and maybe we're beginning to se

it's slowing at amazon and starbucks. that's what's beginning on in the world, which is a different world than what facebook came public. >> i'm curious whether or not the weekly options were heavily traded into this earnings call. >> staggeringly active. facebook was easily the most active single stock option today. in fact, i think maybe the most interesting statistic is that facebook options actually represented almost 7% of all the single stock options that traded today. the puts represented almost 9% of all the options traded today. it was interesting because this morning what we saw was a lot of people thinking, maybe the zynga was a knee-jerk reaction. we saw people buying the 29, 30, and 31 calls. it was a good thing these people did that too because you might have spent a dollar, risk a little over 3% of the stock's price but the put buyers took over towards the latter stages of the day. we're sort of seeing why that might be the case. a lot of people are staring at the stock. a lot of people are using the option

amazon planning to release it possibly in november. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> and industry proving it is recession-proof -- weddings? >> people want to still tied the knot and shelling out big bucks to have the day they have been waiting for. why the bus services -- >> thank you. >> 74 degrees on tv hill. one man tried to collect on an insurance policy ended up in big trouble. >> don't forget to e-mail us your response to our water cooler question of the day. what do you think about the tsa inspecting a passenger's drink purchased inside an airport after they passed through security? you can share your response on wbaltv.com, on our facebook page, or send us an e-mail to watercooler@wbaltv.com. >> a man is facing fraud charges for filing a claim on his cat. >> the man said his cat died in a crash. kevin mccarthy explains. >> does this cat look like it is worth $20,000? he's charged with insurance fraud. it started with a minor traffic accident in 2009. the insurance paid more

amazon .com adding distribution centers and this may signal a shift to same-day delivery. the financial times reports that amazon will open facilities in 10 states over the next four years including a hearing california. that could enable the company to offer delivery just hours after customers place their orders. making amazon at competitive even if it has to charge sales tax here in the states. >> keeping track of every bite you you could help you lose more weight. researchers in seattle looked at data on 123 overweight and obese older women and they found women that kept food journalists lost 6 lbs. more than those that did not. experts say that you're going to keep a food journal it is important to record everything you eat and be honest and accurate about what you log. a new report on health care shows 20 percent of u.s. women had no insurance in 2010, nearly 19 million women. 16.7 million were underinsured according to the commonwealth fund. the report projects that women without insurance will drop to 8% under the affordable care act. more and more americans are opt

the phone with likely run on amazons own version of the amazon software. all good things come to an end to and especially for the guest markets. >>> tokyo's nikkei dropped 1% could we will give the quarterly report from j.p. morgan basins these bald tire billion dollar loss. dell's prices tech up last week according to aaa print the average price is $3.38 print british airways, i guess they really want to get to know their customers. >>> so much that the company has given crewmembers and ipad to look up their frequent fliers. it shows some messages to crew members. they use that to deliver a more personalized service. >>> the next up in a move to restore a national park plans to turn in petitions to put the issue on the november ballot. it will require san francisco to draying a reservoir. the reservoir provides water to over 200 million people, most in san francisco. doctors at cincinnati children's hospital say that infections dropped compared to vaccinate it woman. and cuts may actually improve a child's head, it vereins babies who spend more time aroun

. >> tasnaueion thunmentuenr poif'ram it's a special part of amazon i a lf nvti reenalnd hard to know what the board is to describe them. $0 dol9. to 9 llel a more copiesnd lower the price point. all writers are asking about that. from my vantage point as terarygent t iottir fi and fost aio l, d blhi ong c the fights go, and will the unit rise enough to

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