amazon is a company that knows that.it's in the dna of the company, whereas to the second of a wholesale model. i sat with executives who are conscious of this. they say it are customers to be the book buyer. everyone else second and third in our customer is jane and joÉe and whoever is reading the book and they don't want to start with that. >> is very threatening and publishers consider amazon doing the things it needs to for customers and go after the book business. >> if i were in their shoes i would too. >> they get into the film and television production because they see it every day and they know how may times a dare. survey of the can can and all that easy ways to expand their relationship with their customers. as he looked in every industry, we see spot a fight, for example, a music site getting into videos. starting with cross media and customer experience as an easy obvious thing to do. google played this music, books. i could go down the list. everything you want to do, they've got. what's next? look at amazo

yesterday and it's headed for pushback in the republican controlled house the bill would require amazon e-bay and other online retailers to collect taxes on all sales and send the proceeds to your state we'll have our own debate on this bill in just a bit also litigation a little bank of america has settled yet another lawsuit this one is what financial insurance giant m.b.i.a. which owes merrill lynch to rebuilding in dollars for insurance claims on bad mortgages that countrywide wrote but bank of america now owns both country why they want to settle the brother against brother sued bank of america is buying stock in m.b.i.a. and giving them one point seven billion dollars they're just one big happy family. was more money and that's the message the as you see chairwoman delivered to the house appropriations committee today we talk a lot about mary jo white here and today is going to be no different we have a special profile of her later in the show she's been up to a lot recently taking on jobs act implementation in mind in money market reforms so it stands to reason that as easy will

on amazon merrill lynch versus countrywide vs m.b.i.a. all owned by bank of america at least in part all we can say is of wow mary jo white can't seem to make up her mind white shoe law firm or f.c.c. that was surely would not simply have shrugged after watching sam sachs go at it with iran from the iran institute and finally our children strapped on gloves to battle big points or at least regulate them thanks for watching thanks for you come back tomorrow and be sure to follow us on facebook at facebook dot com slash prime interest from everyone at prime interest i'm hearing and boring have a great evening. for you. all or look. at least. partly. due. to. the. in the early hours of a hot july dawn a group of unusually dressed people carefully head on to the shore of one of the me up as tributaries their clad in servant military uniform from the days of world war two. in the summer of nine hundred forty one on the sort of view of a crossing the a small landscape one hundred thousand people were killed while they were trying to escape the

it's one of 14 online pilots produced by amazon studios.es, the same amazon where you bought that last-minute mother's day gift. >> they were trying to put together a slate of pilots quickly. they wanted to get going. and this was rtd to go. >> the show's creator is a familiar name, too, garry trudeau, better known as the creator of doonesbury. it's how to bring his washington asatire to the small screen on the fast track. >> the amazon studio was so new, so few executives available, that we basically were given a lot of support and not that much guidance. >> the funding came from amazon? >> the funding came from amazon. they wanted to get in the content business. amazon's idea was that, if we can create high-end television comparable to good cable series, that we can compete in that space. >> it's basically what hbo had to convince people of 20 years ago. hbo then. netflix now. the online movie service recently launched the original online programming craze with shows like "house of cards." >> power is a lot like real estate. it's all abou

an amazon maryland versus countrywide birth is m.b.i.a. oh and by bank of america at least in part all we can say is wow mary jo white can't seem to make up her mind white shoe law firm or f.c.c. that was surely would not simply have shrugged after watching sam sachs go at it with iran rugs from the iran institute and finally our children strapped on a glove the battle big points or at least regularly thanks for watching thanks for you come back tomorrow and be sure to follow us on facebook at facebook dot com slash prime interest and i'm everyone at prime interest i'm hearing i'm boring have a great evening. real damage and complexity of this oil spill was not something you can grasp just by looking at dirty birds we have between four to five million people in this directly affected area of the coast and it's pretty clear why it's not being reported because b.p. can't afford to have a reported all along the gulf coast are clean they are safe and they're open for business if b.p. is the single largest oil contributor to the pentagon the us

an amazon merrill lynch versus countrywide birth is m.b.i.a. oh and by bank of america at least in part all we can say is of wow mary jo white can't seem to make up her mind white shoe law firm or f.c.c. that was surely would not simply have shrugged after watching sam sachs go at it with iran rugs from the iran institute and finally bart chilton strapped on as gloves the battle big points or at least regulate them thanks for watching it for you come back tomorrow and be sure to follow us on facebook at facebook dot com slash prime interest him everyone at prime interest i'm hearing him boring have a great evening. the oh super says the u.s. is disappearing if he's a lawyer there's been a new. lawyer so you. lose you lose you think you know who it was or you for sure. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realized everything you thought you knew you don't. charge marc. the big picture. wealthy british. markets why not. find out

and they go to the internet and they buy something on amazon without advantage what's going to prevent unintended consequences like start of companies amazon competitors going to canada going to mexico and you know you don't think this is going to push business outside of united states if you're a startup company if you make a hundred million dollars in sales you're already exempt so that's a very low bar but it is a low bar in terms of international there's all kind of you know there's nafta there's all kinds of agreements some countries we tax some countries we don't tax that's a different issue at the end of the day it's just a question of fairness make the same businesses pay the same taxes for the same consumers i don't see how making people pay twelve billion dollars a year and sending it even if it is to their state government who might need it more than the federal government the state governments and local governments do not spend wisely they don't know they don't use price signals based on their behavior they wasted a lot of money and the securities and exchange commission is

it is the first time amazon employees in germany have walked off the job. hundreds stop work that amazons biggest german distribution center tuesday morning. they are fighting for a collective wage agreement and substantially better pay. >> we are not being paid what we deserve, especially when you consider we have had an important role in setting this place up. we are getting very little. >> so far, amazon has rejected collective bargaining. it says its distribution centers are part of the logistics sector, but union leaders say the work should be treated as part of the mail order retail sector, and they want staff to be paid accordingly -- up to 9000 euros a year more. >> we want a collective agreement, and we want it fast. we want formal negotiations, not just meetings. we want the wages to be brought in line with the mail order retail sector. that is why we are striking today. >> the union demands include extra pay for night shift, holidays, and weakens, and the workers are threatening more walkouts in the weeks ahead. >> another online giant, google, h

amazon has gone after the razor blade strategy. it does make sense in the longer term. hard to say if it will be a 3d feature. >> do you think it's the right strategy for the company? pushing further and further into the hardware space. >> ultimately we do think that margins could have approached high single digits longer term. and that's being driven by the third party shift and we think we will get some of the operating efficients. >> thank you very much for your thoughts on amazon. >> we will see in just a minute on groupon. get your caffeinated fix. let's get to tas esla now. you know who else is racing? the short sellers away from tesla's stock. >> explaining why they believed so strongly in the model us. >> this is not a wonderful wonderful electric car. this is a wonderful car. make no mistake. this is the highest rated car, bar none. sedan, gas powered, anything. >> and it is in greater demand. tesla is raising its 2013 production due to that demand. they now expect to deliver at least 21,000 vehicles this year. this stock has been off to the races more than 100

- i really like amazon. amazon just keeps reinventing themselves, product after product. they, to me, are almost like apple a few years ago, when you could get excitement over these new products. i think ever since amazon reported earnings, they have had this pullback, traded in a pretty tight range here, in the $250 range - we saw it up a little bit yesterday. i really like that stock. microsoft, if you just go off past history here, trading in the $32 handle. boy, that is really the top end of the range, where this thing has traded over the last 10 years. so, in a global economy, great stock, but i don't see much in the way of appreciation in the short run for microsoft. - the dollar is above the yen for the first time in four years. what do you make of that? - you know, i think it is going to continue. the greenback here had hit some lows. it is on its rally back, and i really think that it is going to continue and just get stronger. - well scott, it's not take your kids to work day, but we wanted to show your son and his friend on the air. we have some family values h

and amazon web services, the cloud side. and i think that over time their scale, as the businesses get much, much bigger. it's not that they'll stop investing, it's that they'll moderate investments as some of the benefits to scale come through. it's important to note that amazon's high cash flow digits were high three, four years ago, and it has proven the ability to earn the kind of margins and getting back to the levels would reveal the stock to be undervalued in my view. >> ken, great to have your insights on the show. thank you so much for coming on. >> thank you for having me. >> all right, doc, i know you like microsoft. you still like microsoft. >> still like microsoft, although, as i said, since it got through 31 or so, i've been selling at the money calls. not out of the money calls any longer. i don't see as much upside from here for microsoft. but i think just like making the case with sony on the entertainment side and splitting it out, microsoft is a big entertainment play, too. they're not in the movies, but t

>> if you look at amazon and small book stores, you don't see anymore book stores anymore. i know there is a bike shop they have one store. but they sell things online too so you can goof the formula control is about the aesthetics. you are going to see 500 stores by the time get to san jose. that's why it's called the formula retail use control. >> when you say establishment, if you have an online business, you still have an establishment, correct? >> correct. but it says that establishment has to have same signage, same logo, same color, talk about uniform and talks about retail where you have to have a retail presence and you have to have the same shopping experience. it says, let's see. former retail use in -- it says defined as a retail establishment which has 11 or more retail sales establishments located in the u.s.. you can argue that it's web base is still retail. for example amazon wanted to put an online in san francisco, that's a non-retail from our point of view because you can't walk in the front door and look at a showroom. we would consider that to be kind o

based on what it heard, amazon chose five shows worthy of full seasons. this new venture puts amazon in direct competition with hulu and netflix. each of the series will debut on amazon later this year and in early 2014. a new study illuminates a big shift in how american women work and how much they earn. the pew research center released the study. it shows that 40% of american women are the primary or sole breadwinner in their household. that's a new record and a massive jump from 1960, when only 11% of households had a woman as the primary earner. still to come, "fast and furious" sure raced to the bank. just how big was its memorial day weekend opening? you will find out later in movies and money. but first, why more prospective employers are peeking into your financial past. that's next. when you're buying a car, when you're putting down money to qualify for a mortgage to buy a home, when you're getting a job - your good credit is everying. yeah, you heard correctly: credit, specifically your credit score, can really have impact on your chances of ge

wait until you see what this small wonder can do. >> amazon or wonder woman? >> next on >>> gallon smashing internet craze reached around the world. this one from australia. and maybe a little bit of karma involved. oh. >> oh, serves you right, buddy. >> that kid smashes two gallons of milk on the supermarket floor. slips on the milk and smashes his face. whole gallon smashing thing started with some brothers and a kous ub from virginia. remember, these pranks, we had the videos on the show. those videos wentviral. they are credited with starting this whole internet craze. if you remember, their actions led them to face charges of the silly prank. >> people are still doing this. i thought it was over with. >> hopefully this video will be the official end to this video. this guy if he did, in fact, broke his jaw, this is an example of what could happen to the people pulling the prank or the other people at the supermarket. >> did he break his own jaw? >> video, only eight second long, don't know what happens, but it looks like a pretty heavy impact. >>> that is

amazon's "virtual" money on the market. the e-tailer rolled out gold cash called amazon coins. kindle fire owners will receive 500 free amazon coins, giving them $5 to spend on apps and games. consumers canrchase the coins at a discount by buying in bulk. microsoft and facebook are dropping similar virtual money. call it a "sugar rush." americans are consuming more sugar. sales are up 15% in the last three years. last year, it totaled $1.6 billion. meanwhile, artificial sweeteners such as splenda, sweet'n'low and equal have suffered a sales decline, while all-natural alternatives are on the upswing. still to come, what investors can learn from a recent move by ivy league universities. that's later on. but first, a look at spending habits and your state of mind. why money may be a key component to your happiness. that's next. danica patrick: for the millions living with copd, breathing becomes a real struggle. copd stands for chronic obstructive pulmonary disease, but you may have heard of it as chronic bronchitis or emphysema. over time, it makes it harder and harder to breathe

melia: i gue but i'm wondering, if subsahara africa will th order a lot of stuff from amazon? >> that is not the idea. it is for education, for business. melissa: how do you make money off that? >> right here you have penetration. so you give android services to your people and automatically ttey're using google search. ey're using google's ecosystem of apps. maybe not music but using google maps and using other applications translate where these are people who never had access to the internet before, not even connected. >> don't they have access to the internet because they don't have a lot of money? how much could they do on a phone. >> that's war google comes in. melissa: even if you give them the phone can they pay a monthly bill. >> n i don't think it will that way. what google is doing is on humanitarian effort. you give them internet.

more secure their already larger base and i'm not buying everything from amazon exactly hey i'd add that on line retailers use resources like road and infant tuition public institutions that brick and mortar stores are using i thought oh i don't mind ruler in oregon do i use illinois roads fame when that's absolutely not true you do when you when you're going your kids are delivered on our way way way way way way business way to access for people like don't represent them wait a second federal express and u.p.s. they have to pay use tax fees for the roads that they use but if i'm in new hampshire and i don't go to the state of texas or mississippi i shouldn't have to pay as a retailer and if i'm a customer i shouldn't have to pay unless i am in that jurisdiction will have to go to your boys took over your years regular. however there's a huge problem outside of this too that we're not looking at this is one of the big problems with the articles of confederation might be tossed out this creates this interstate competition that's really bad and it's one of the reasons they got rid of

. >> amazon and ebay don't have to collect that where they don't have distribution centers.n is on the side of states and their retail allies. >> retail is retail, a sale is a sale and fair is fair. >> businesses with less than $1 million in growth sales would be exempt. that tax revenue would be sent to the state where the shopper lives. stateses must provide free computer software to help retailers calculate those sales taxes and states must establish a single entity to receive the revenue to lessen the burden on retailers. opponents are not convinced. >> this isn't about simplification anymore, it's about the big box retailers placing their competitors, smaller competitors into an advantage. critics also predicts a tax collection nightmare for "nightly business report t," i' hampton pearson. >>> steve dellbianco who you just saw in the piece is executive director of net choice coalition, an advocacy group that protects online commerce. gentlemen, welcome back. we had you on a couple of weeks ago and you behaved so nicely we thought we'd invite you back this time. david, l

that is one of the reasons amazon is seven percent of the cloud. everybody is uploading this stuff.ompanies like ibm, not just the , istups, but cambridge interested in the stuff. you hear general electric talking about this. life sciences and healthcare four percent of the revenue. that is why you see genomes and proteins and cell discovery. and why dupont is beginning to make all of the stuff not out of petrochemicals but out of cells. they are programmable. they make plastic. by the way, life sciences is 42% of total earnings. these are big transitions in the economy that are taking place very quickly, not just elsewhere.so here is the bottom line. you do not have to invest a lot of money. these startups that start small and become the big companies in the united states, it is .2% of gdp invested through then -- ventral capital. -- venture capital. these are 21% of u.s. economic output. deficit?to address the start investing in this kind of stuff. understand the transitions. do not cut research budgets for r&d. here is my specifically. can we please get on with it already? can we

coin in a way that doesn't tie it to an a and identity so you don't when you're ordering books off amazon. they don't know what you buy and so it's not database in archived and searchable for. the entire future with pick when you're able to keep that from appearing in the database and one of the things you talk about are these private keys actually being elements of speech and how does that relate to you know the bill of rights the first amendment and such yeah well congress shall make no all regarding the freedom of speech or of the press first amendment supposedly we hold that dear in western a monster supposedly. however what about when people say things that we don't like them saying you know the freedom of speech isn't made for speech that everybody agrees about and it's made for the speech that really upsets people and antonio of the united states supreme court he recently said in an interview that money is speech and nowhere is that more true than with bitcoin because with big oil and it's just a decentralized computer program and those private keys they appear you know sixty four

going in a way that doesn't tie into an i and identity so you don't when you're ordering books off amazon. they don't know what you buy and so it's not database in archived and searchable for. the entire future with big point you're able to keep that from appearing in the database and one of the things you talk about are these private keys actually being elements of speech and how does that relate to you know the bill of rights the first amendment and such yeah well congress shall make no all regarding the freedom of speech or of the press first amendment supposedly we hold dear in western the monster supposedly. however what about when people say things that we don't like them saying you know the freedom of speech isn't made for speech that everybody agrees about and it's made for the speed. that really upsets people and antonio in school of the united states supreme court he recently said in an interview that money is speech and no where is more true than with bitcoin because with big oil it's just a decentralized computer program and those private keys they appear you know sixty four b

to coin in a way that doesn't tie to it and identity so you don't when you're ordering books off amazon. they don't know what you buy and so it's not database an archive and searchable for. the entire future with big going you're able to keep that from appearing in the database and one of the things you talk about are these private keys actually being elements of speech and how does that relate to you know the bill of rights the first amendment and such yeah well congress shall make no all regarding the freedom of speech or of the press first amendment supposedly we hold dear in western a monster supposedly. however what about when people say things that we don't like them saying you know the freedom of speech isn't made for speech that everybody agrees about and it's made for the speech that really upsets people and. antonians of the united states supreme court he recently said in an interview that money is speech and nowhere is more true than with bitcoin because with big corn it's just a decentralized computer program and those private keys they appear you know sixty four bits so it'

another kind of currency, today online shopping giant amazon launched what it calls amazon coin. a virtual way to pay for things online, for now 500 amazon coins will cost you $5. you can use them to pie for apps and games in amazon's app store. >>> will the bay area be hosting the super bowl in 2016? >> a live look at the construction of what do we call it now? >> levi's. >> so far everything's going well, but it's not just the stadium today the bay area super bowl bid just got sweeter. >> for all the talk, the lobbying and the fundraising, the bay area's bid for super bowl 50 comes down to roughly the quarter of a football game. >> if we fly to boston on sunday and we present on tuesday. so a week from tomorrow we'll know if we have one of the two super bowls. >> danlt lurie and the super bowl committee will meet with the 32 nfl owners next tuesday. they'll get just 15 minutes to make their pitch. >> there is no way this package isn't going to be approved. >> the committee will have a few weapons, where -- $1.2 million stadium in santa clara, having lined up 30 million dlrsz in

amazon taking direct aim at the iphone.o the wall street journal a company is developing a high and smart phones beach during a screen that allows for a three dimensional images without glasses. amazon is up $2. you buy blue jeans that the gap? the company reported better than expected sales in april. a charles payne stalked back in march. she tells us up another 3 percent this morning. get-40. then we have foreclosure. they are at a 6-year low. did you also know that home prices are rising? when will it all end? will it all and if he stops printing? heads up, realtors, investors, home buyers. it is realistic date. your licking a for all of you throughout the show. back to it that car. chip adviser. it up. why? >> reporter: it is up, over 2%. so is priceline, up over 2%. came out with their quarterly report. i obviously the to our competitors, but this seems that trip advisor is writing the priceline wave. there were some headlines. as soft batch this year. growth is still ahead. it looks like the long-term growth is lookin

guys like howard shulz at starbucks, jeff bezos at amazon.particular names who would be perfect for apple's ceo, but those types of individuals -- visionaries. people that know what you want before you even know it exists. people that run their companies like tech companies not by their grad school, mba text book. >> thank you so much for your views. as always, see you soon. >>> speaking of companies trying to find their cool yahoo is reportedly in talks to close a billion dollar deal with the social blogging site tumbler. the deal could help yahoo get back on the radar. >>> next on "the lead" i'm sure you're looking forward to the weekend but you can't possibly want this week to end more than the president. is the damage done? plus, a gossip website is asking for donations to buy a compromising video of one mayor that allegedly involves somali drug dealers and a crack pipe. that story is coming up. [ female announcer ] a classic meatloaf recipe from stouffer's starts with ground beef, onions and peppers baked in a ketchup glaze with savory g

we use the amazon platform.e have back end systems. >> don't you think they'll integrate it themselves or no? >> no, we have to do the integration. and we have to test it on multiple different browsers, multiple different operating systems, phones, tablets. >> right. and as a small business, i mean, any bit of compliance is a lot, frankly. >> we estimate that our compliance cost is going to be over $300,000 in the first two years. >> for your company itself? >> yes. that involves the configuration of the software and testing of the software. that involves classifying into multiple different sales tax jurisdictions. >> you're a small business person, and you're in the bookstore business. you know what it's like to deal with hard times. so knowing with a you know, saying, you know, the online stores have an unfair advantage, but having some empathy for this -- >> sure. >> do you still feel like, you know, we need to pass this because it is unfair? >> absolutely. and it's critical for states and municipalities to g

nobody's lowballed products like amazon.estors are worried about that, but they can't compete on price with amazon, can they? >> it is hard, but you can compete on service. it is the only national bookstore that continues. if you want to sell a book. it is still a dog and pony show. one that you can do that with. liz: does this put barnes & noble on death watch? >> i would say apple has done well in stores, best buy has come back, all the large companies are figuring out how do you use a brick-and-mortar store to compliment your online store? if you can get the consumer to come in and buy a computer, you buy it online if you can go to the store and fix it. if you can use the barnes & noble store in that kind of way to come clement for online strategy, it is a home run. david: there was talk of the chairman wanted to buy up the stars, almost 700 stores, whatever happened? is he still interested? >> he was looking for a bit to make it go private. the speculation growing because the banks are trying to make this happen and the

host: john would have an advantage over amazon? would be written in a way it would advantage john and you would not have to collect sales tax on anyone until you see the million-dollar threshold. so that would be your advantage. is that total sales? guest: annually, but online only. host: doesn't answer any questions? any comments? caller: no, sir. have a great day. host: by the way, it was jim gilmore who tweeted in the anti- online sales tax tweet. former governor of virginia and president and ceo of the free congress elevation. @gov_gilmore. martin from oklahoma city, oklahoma. caller: thank you for taking my call. i love c-span. it is my drug of choice. i am vehemently opposed to the marketplace unfairness act. the small business administration defines a small businesses based upon their code. for my particular business, it would be $30 million a year, not a million dollars a year. i think this proposed legislation showed up by by the guidelines of the small business administration. number two -- and i have three comments -- nu

citizens sure enough president obama and numerous other congress members as well as retailers like amazon and wal-mart as you said all support this bill who is against it and why well let me start by saying that most businesses are entrepreneurial they're micro businesses they're in very specialized areas and they have you know they have to do everything they can to cut overhead now business is like the wal-mart giant in the amazon giant who did lobby for this bill and it's one big giant tax mandate and these taxes they're already paying them they want to see their counterparts pay just as they are which could put a lot of people out of business now at the same time state and local economies have to earn their revenues somewhere and the fact is that more and more people are turning to the internet i mean cyber monday alone last year cyber monday just for those who don't know is the internet equivalent of black friday they had one hundred twenty nine million americans actually shop online online shopping has grown itself to a two hundred twenty six billion dollar a year industry so is this

amazon stock down 0.4%.u think companies have a moral obligation to pay more taxes? jason tweeted, corporations are heartless. people or products, that's all. kay shade in short, no. a company has a few subscription services. >>> want of our viewers each suggested they're not paying more because they're not paying jobs. >>> come back here, direct to me, @ross westgate. >>> still to come on the program, we'll take a closer look at the apple tax story. plus, u.s. summer season officially begins this memorial day weekend. where will americans be spending their vacations? we'll tell you the top five destinations. >>> and with stocks not quite on record highs, we'll tell you where the futures are. ♪ [ engine revs ] ♪ [ male announcer ] just when you thought you had experienced performance, a new ride comes along and changes everything. ♪ the 2013 lexus gs, with a dynamically tuned suspension and adjustable drive modes. because the ultimate expression of power is control. this is the pursuit of perfection. how old

amazon already collects for over half of the united states.hey have distribution centers in so many different places. when people start to pay tax in a brand-new state, it happened in california last september, well, people didn't leave amazon. they didn't buy on amazon to avoid sales tax. they buy on samazon for choice and convenience. it's small and medium businesses who would be forested to collect, pay for software integration and face auditors. >> we're not just picking on steve. it's a little in my view disingenuous for brick and mortar retailers to cry foul on internet sales when years ago maybe they weren't putting such a dent in brick and mortar sales, but now they are. so now you're saying there needs to be a level playing field. you're right. a sale is a sale is a sale. but you didn't start complaining about it until internet sales became more of a factor in the economy these days. >> bill, we've been working on this for more than a decade. and we would love to work with steve and solve this problem together. but instead he's trying

. >> the remarkable story of how a couple made it out of the amazon alive. >> literally a case of getp and get moving or sit down and d die. >>> and just when you think we're going to talk about a wet t-shirt contest. >> we're going to talk about signs. >> the story behind a valuable consumer experiment. >> why do i feel like i'm about to be ed? >> you're no. >> a pair of videos that show how not to drive your pick-up truck. first video from the beach ridge speedway in new england. the blue ford ranger pulls up to the line but not before it does a nice burnout, getting the crowd revved up. this is one of those run what you brung races. he's pulling up looks to me like an old jeep of sorts. >> like clark w. griswold. >> not impressive. >> the speedway announcer calls it a jeep and looks like the jeep is out in front of that flashy blue pick-up the whole way around the short track. >> you're going to let a jeep beat that fancy pick-up? >> the guy driving the blue pick-up truck gets a little out of shape and despite his fancy wheels, this happens. >> oh! >> yeah. you don't want to roll o

a very strong 5-year-old who knows her strength. >> is she an amazon or wonder woman? >> that's dad behind the camera. we actually talked to dad. dad said he talk all of the necessary precautions making sure ariana was safe but he won't reveal his secrets. >> that means her three grown brothers sat on the front fender. it made the back go up. >> i think the secret is she has superhuman strength but he's not going to reveal it because he doesn't want the world knocking at his door so she can save it. >> so what's going on with the front of the car? >> we don't see the front of the car. >> we see everything we need to see. >> she doesn't only lift the car up one time. a little struggle with the second lift, but she's tired. >> you save a little money on going to jiffy lube. get the kid out there to change the oil. handy. >> oh, good job. >>> sir archibald does not want to come out. watch where he is. >> what? >> his owner says that he likes to get under there and not come out. so they used a can of tuna to lure sir archie out. as you can see, it's not working. he's just

it's amazon, hulu. would make the streaming video site the biggest threat to netflix. >> i think if they were independent. if they were in another big company, i'm not sure which matters too much. but if they got to be an independent company, that may be the most concerning. >>> and hastings says they're the biggest competitor and he is hbo's biggest fan. now he's looking to create the next generation hbo with his big investments in original content. back to you. >> let's brick in a pair of netflix analysts to get to that exclusive interview. and we're also joined by ed williams, managing director of. and now ed, you have a $205 price target, so you basically think the stock should be where it is now. you think it should rise more than 50% from here. why is that? did you get kind of additional -- to support that notion? >> yeah, i think netflix is in the early days of becoming a tv network company. a tv network company is a high margin business. very valuable businesses. 30% margin of business if you lo

ith kind of like amazon. the market is going to give mark a hall pass on showing up for a while and we've seen act one of the movie, collecting the dollars. act two is converting them to a profit and we'll have to see. i think the stock is fairly priced here if it does down, it becomes more attractive and we'll just have to wait. it's not a definitive proposition. i think the market figured that out after hours. >> you know, larry, we've used the construct of new media versus old media. new media and old media cross pollinate, connect in various ways. if had you $10,000 to investory the next five years, how would you apportion it between or among new media companies as we traditionally think of them and old media companies and which specific names would get the most of the money? >> i would go at least 50% in new media, and i think the biggest position would be google. google is very reasonably priced. went in search, went in video, and heaven only knows what will happen with google glass. it could be enormou

amazon workers in germany are on strike! the 5,000 striking union employees want more money from the e-tailer. according to usa today, workers want christmas bonuses plus extra money for working nights, sundays and holiday. amazon responds that employees at its german distribution warehouse are already paid on the higher end of the pay scale. in the u.s., there's no let up of striking fast food workers. demonstrations in new york, chicago, detroit and st. louis have now spread to milwaukee. restaurant chain workers there are demanding $15 an hour and the right to unionize. employees from mcdonalds, burger king, and taco bell all took to the streets. retail workers from chains including t.j. maxx and dollar tree also joined in. the u.s. deficit is shrinking much faster than expected. the congressional budget office estimates the deficit will fall to about $642 billion by september - $200 billion less than predicted three months ago. until now, the federal budget deficit has topped $1 trillion every year since the financial cr