>> amazon controls the marketplace.y company has existed for the same amount of time as amazon and have watched it happen. from our point of view, we are an activist press but we are also a fairly normal trade are 90% of our digital business, at least 30% of our overall business. do they make you more money? are you selling more books because you have this global marketplace? totalould not say business is up. in fact, in total, it is down. because of their rise and their ruthless tactics, they have put out a business a lot of the retail markets, which is a problem for them as well. there is a phenomenon known as rooming wherehow people like to see the product they are buying. concern about them, we are not talking about the business of widgets when you are talking about books and newspapers. you are talking about the culture of ideas, speaking truth to power. 18-yearover its history, have successfully turn the concept of the book into something that has a set the value, no matter what the book is, it is worth $9.99. and

they're going to sell advertising instead of amazon. we still have amazon. i'm still trying to figure out how a.m.smazon is going to make money. they know how the platforms work out. >> they do know how they're going to make money. they're going to sell advertising. facebook has figured out how to do it and now, linkedin has figured out how to do it. >> facebook today finally closing above its ipo price for the first time. doesn't this give us a signal this we are in a different period? if this were 1999, facebook shares would have gone public. >> we did do that. since their ipo. stock was in the dumps for 14 months. the whole street got this wrong. everybody was off sides on this thing. that's why you have a company last wednesday -- >> the stock in the dumps. there was no rerating of expectations in the internet sector? >> nobody knew how facebook was going to make money on mobile. nobody goes to their desktop anymore. >> the options market has told us that a lot of the exuberance that a lot of these stocks had incorporated, take a look at the volumes that

two, not just for amazon art but allurchases made on amazon we look out and protect customers. we have what is called the a to z guaranty which also applies to art. for any reason, you have a problem with the art purchase we always back up every single purchase customers make. i do think, galleries are very excited to be able to expand their reach. you know, when you think about a gallery in t city they're in, maybe they can reach 100,000 or couple million people but the idea of being able to reach, you know, 100 million people in the u.s., 200 million people worldwide, it is very, very exciting for g galleries. we're happy to have them as our partners. adam: we talk about this being international market of $64 billion. to put it in a little perspective the verinar industry just in the united states is 14 billion. this is a huge market and you're now bringing this to everybody. >> yeah. adam: i found an artists. she lives in canada. you didn't have something of hers for sale and took me a gallery that hader work for sale. the way amazon revolutionized self-publishing allowing w

you think amazon can do better. >> i think am shon, i think amazon can do most things berter. agree. there's no question. now what are we doing? >> i think we're done. okay, to expand radioshack and me dhl and or the post office. who do you think is right? tweet me and say you're right, brian. meantime, gm making a big move to try to sell more volts. we're go to ask the volt's biggest fan, bob lutz, what took them so long. >> part two of our made in america series. why the mom and pop manufacturer is good for all of us. back after a break. before their gift helped preserve the point... before a credit solution was used to expand their business... before trusts were created for their grandkids' educations... they chose a partner to help manage their wealth... one whose insights, solutions, and approach have been relied on for over 200 years. that's the value of trusted connections. that's u.s. trust. time to have new experiences with a familiar keyboard. to update our status without opening an app. to have all our messages in one place. to browse... and share... faster than eve

that's why amazon can basically hook you up with any product, anywhere.hey don't have to be a specialist, they can be broad. the news business is exactly the same way dumbarton bridge talig. networks, we've had focused on a tig thing, magazines focused on a particular thing or generalists like "the washington post." a good organization can do both. they can go very deeply into certain topics and be incredibly broad. >> what's the biggest takeaway jeff can take from here and apply to "the washington post." >> hopefully looking at some of the things we do, some are very applicable to what "the post" does. i think there is the fundamental challenge he'll have to confront which is transform an organization that has just been trying to survive and now focusing on it. okay, here's the innovation engine we'll go forward. but i would expect there are a lot of things we do here he would want to do at "the post" that would help it become more profitable going forward. >> what are those? >> the way a digital newsroom is constructed is very different from a paper tha

amazon has made great capital of personalizing book offers. if you click on a book about mitt romney, you're going to start getting other interesting books about mitt romney, and books that people who bought the mitt romney book bought. as publishers and advertisers track people's movements on the web and on their mobile phones on laptops, they begin to develop a profile about that sendidual so that they can ever more personalized content to that individual, whether it is news and information or commercial information, also known as advertising. >> edmund lee, personalization. >> it is a big part of the amazon selling strategy. taking a step further back, the key to understand here is that amazon is fundamentally a commerce company, despite the fact that he has invested a lot in media. if you think about the candle, and what he did to the book business, he's more about trying to make sure as many people are on his side or his device buying things, and he will sell things. he sells kindles at a loss. he is in a broker relationship with book pub

now, amazon would very much like -- amazon would very much like to be in that business.allows him to learn the business side of newspaper publishing. as he figure that is out, he can help try to figure out what model will help "the washington post" make money. if he can figure that out, especially if it's being sold through amazon, then he can start selling any publication through amazon and at some point make a profit on it. >> richard, another interesting theory out there is that bezos considering the way in which he typically will allow for media access only to one or two reporters at any given time, doesn't really like amazon to talk, but maybe he would give the post an edge here. is that kind of -- is that just a conspiracy theorist talking or could something like that really happen? >> i think something like that could happen, and that's very problematical for jeff bezos, amazon, and "the washington post," primarily "the washington post." i doubt if he will do that because it will be so obvious that he's giving preferential treatment to "the washington post," and "

to work, and later a rare interview, with amazon founder.and a billionaire that changed the way we shop. and they are helping high schoolers dream for the way they change the world. when they leave here, they want to, they want world peace. it's, you know, okay. we want to solve all those problems. >> here is the bottom line, i'm willing to work with republicans on reforming the tax code, as long as we use the money from transitioning to a separate tax system for a significant investment in creating middle class jobs. that's the deal. >> the president said he has a deal to create jobs in exchange for reforming business taxes. will it work? here for an analysis on the recent economic push is glenn thru is sh and tony flatto, gentlemen, good to see you, thank you for joining us. >> good to be here. >> so the president went to an amazon.com facility in tennessee this week, laying out a plan that he called a grand bargain. that would create jobs, particularly middle class jobs. proposing a rewrite of corporate taxes. glenn, what do you think of

to create more jobs with good pay. >> how good are the jobs at amazon warehouses? many are temporary and conditions are harsh. the pay is $11 an hour. >> the white house was asked prior to the visit, whether these were the kinds of jobs the president wanted to create. the director of the white house national economic council, responded for the president, quote, we should not denigrate any job or any work. people work at different jobs throughout their lives. families piece together, sometimes two, to have a degree of middle class security. >> was an amazon warehouse venue the proper chase? >> pat? >> it has moved from a production economy to a service economy. service jobs pay far less than the old manufacturing jobs d. the truth is, the country has moved more toward finance and away from production and that leads to massive inequality. >> corporate america and the economic emerged and the republican and democratic party merged and brought in low, cheap products and offered a lot of jobs and changed america, not for the better. >> eleanor? >> i agree there's no sig

-- 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

to do with amazon.e be any big shift in this stock? this stock is trading around $300. - no, i don't think so, but this is a momentum stock, and a technically-driven stock, so, perfect for a chart segment. amazon at $300 has an all-time high at $313, so we're not far off from that. i still like this bullish momentum, and the strength and power behind it. amazon is trading between $285 and $245. it pulled back, so that projects a $40 move on this breakout above $285, which is a target at $325. so i'm buying the $300 call, selling the $325 call to help pay for it. maximum cost of $10, and the most i can make on is $25. so it's a probability play for january, so i have five months for good things to happen and this stock to continue to go up, up and away. - thank you, alan. - thank you. as we wrap up the show for today, coming up tomorrow on first business, disney's high hopes its new movie "planes" will soar at the box office after taking a bad shot on "the lone ranger." thanks for watching! we wish you a

amazon can't do that. they really are competing with amazon oneone-on-one. this is an amazing story with a brick and mortar company to come around and be so powerful. >> i seem to remember, herb, when i chose this company as my stock strapped pick in april of last years you laughed at me, danced around the newsroom like the video from "men without hats" safety dance. what do you have to say now? >> i was wrong. i think it is all about right now. i think hubert jolie is doing a great job at least right now. the reality is the price match is currently working. can he keep the trend going? those are the questions. >> i also would like to point out what we just said that best buy is doing working is two stores within a store shops and bringing in new big brands. isn't that what jcpenney did on a bigger, grander scale? st? there's a lesson to be learned. >> courtney, did they actually add, though, meaningfully to the performance this quarter? >> when i actually spoke to him on the phone this morning, he said it's hard to measure what's going on with the microsoft

stop it if you like on millet online retail giant may we suggest a struggling newspaper industry amazon c.e.o. jeff bezos recently bought the washington post in a two hundred fifty million dollars deal newspaper revenue has drastically declined over the past decade so what's to gain by what's to gain as well bezos is doesn't exactly have a great track record other than amazon of making like successful business ventures what's to gain is a lot are you believe this is the best time to be purchasing political influence in washington post is definitely one of those fears of political influence but are going to have to give up some of their lobbying power probably i mean their bit involved with this internet sales tax to spew exactly that's probably the best reason that they'd want to and that's why you know when it comes to something like amazon i'm less fearful of what it means to them having so much of a influence in this in this marketplace i mean they had already ninety percent of the market before they got in a dispute with apple over their their tablet so they could definitely dominat

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 is more tech oriented the koch brothers they're they're a little bit is there a difference i think you know there were when the koch brothers were trying to buy the tribune in everything there was concerns that they would use editorial decisions to push their political agenda i think it's been pretty clear that amazon has a somewhat libertarian economic political agenda. spent millions of dollars trying to avoid taxes have tax havens all over the world. knows what might be coming across the editorial pages at the washington post when it comes to tax policy here well another factor in all of this is that they might have to i was talking about this yesterday they're going to have to scale down on their love being so if they buy this newspaper yes they have a voice but then they lose some of their political voice is through direct lobbying right well i mean i guess which is which is more powerful i mean direct lobbying their lobbying itself isn't as important anymore in the citizens united area here you don't have to have money to influence lawmakers anymore you can just buy law

and development of the amazon. brazil can go through the commodities boom without having significant environmental impacts. i think brazil has focused more recently, perhaps over the last five years on improving productivity on already deforested land. one hectre can produce one cow a year. if you plant something, you are going to have one or two tons. if you do fish farming in that area you can get 10 tons of protein. so, there are better alternatives without the moral dilemmas that are involved. they take effort. in some cases a lot of science and research and development. brazil is capable of being an environmental leader in the world. you know, being a moral leader in the sense of lms of poverty, taking care of the environment, issues that the country holds dearly. >> burma is opening up to the world, fresh hope for democracy and big business. they are currently rediscovering rangoon the country's largest city and former capitol. every street tells of the country's colonial past. one man set out to preserve the

on a copy of the washington post amazon c.e.o. jeff bezos spent less than one percent of his net worth on the entire company is this a new trend first i don't buy as dow jones and the koch brothers bought the tribune newspapers now these us buys the washington post what's next. i have mixed feelings on this i mean i wasn't the biggest fan of the washington post begin with i think lots of newspapers around the country have kind of lost their calling of being a hard investigative journalism but i do have a problem with this notion that the only way to fix journalism is for some rich billionaire to come up in and buy the vi the company that's not the way to fix journalism or to fix journalism is to actually start doing journalism again which is what the washington post and other newspapers you so you're saying i don't have a good week of they got a little bit gimmicky but let's there's a difference between say the koch brothers and a company like amazon amazon is more tech oriented the koch brothers they're they're a little bit is th

hhas been in the amazon business for two decades.e is thinking long term. .e will l do nothing hastyty while he isis, cleaear digitalnd retail visionary, he d does not have te por to alter time and space. the laws of economics are looking very much against him or any otother owner of a major newspaper. it is lucky that he can afford to lose $150 million a year, because that is what he will do for a long time. >> when you look at the way media consolidation has hahappened, in television, you e a few b compapanies getng gger,, buying smler tv chains, i inclung ts tv statioion rently now you are starti to see boutique owners picking up -- the boston globe sold for a fraction. .> proprietor ownship the big cporate dons that dominated the business for the last 35 years, it seems to be going in the other direction. whether it is a sole proprietor or another, they are facing the same forces. there is dried up revenue stream ththat advertising used to produce. now therere new revenue stream to replace them. exciting because jefeff bezos is a

it integrates with amazon.w amazon didn't officially buy it, but it is obviously one of his properties. so i think that's a different equation than what we see in boston. so whoever is going to buy these papers like michael said is going to have a lot of money. it's either an individual or corporation. and an individual has a little bit more invested in the reputation of the paper. that's my perspective if they don't have an overt political agenda, which i don't see john henry or bezos necessarily having. >> david: michael yes, an individual can afford to let's say lose money, an individual like jeff bezos. and it's interesting that he bought himself personally. but the upside of a publicly traded corporation owning a newspaper is that theoretically it only cares about the bottom line. it is supposed to not care at all about political ideology, because it only has to answer to shareholders, so isn't there both an upside to an individual owning it because that person can afford to lose money and then essentially

amazon debuted its new amazon art marketplace and gives users access to fine art from dealers.of the largest, if not the largest on-line collections available. i've been calling jeff bezos, the new steve jobs. is this why? innovation? we've got one of the art dealers pardoned with that, the pavel 8 gallery. >> that's right. stuart: you accumulate pieces of art and funnel through through the art market. >> right. stuart: essentially pushing stuff on to the on-line market organized by amazon. >> just a step back. sometimes it's classified as calorie or dealer, the reality is, simply, we're an auction house and for two years that's exactly what we've been. >> does amazon now take over your function of auctioning stuff? >> not at all. what we're doing, using amazon as a secondary channel for helping existing clients. one of the auctions we do, are the not for profits and foundations and we run the auctions on-line and we have an extraordinary amount of art work they keep in house and they're looking for ways for that. and help them with the additional channels using amazon, basical

not amazon money he's using, this is his very own. and chairman and ceo don graham talking about this deal. >> jeff reached out to me less than a month ago. we met at a conference face to face, twice, the second week in july. we spent an hour together. he asked for time to study the numbers, we then spent another two hours together. and at the end of it, he said he thought he wanted to go ahead, but he obviously, he and his team needed time to look over the business and understand it more thoroughly. and then we -- he did and we quickly reached a deal. >> shares of washington post climbing to the highest level in almost five years. $588 and change. almost up $20 on this news. and this is something that we're

paper to begin with so ok whatever amazon do you want to do with time's guy right. and whatever whatever it was on the side to do with it might go we might it might be better i mean washington post made its money all the reason why it was viable for the last few years is because the company was investing in for broader education we got it over others us which collapse if you want to weigh on today's show be sure to like us on facebook at facebook dot com slash prime interest you can follow the best dueler over seven cents and you can follow me english. thank you so much for joining me thank you bob. and it was a day of anticipation and on prime interest are still hoping for the change we can believe in expression when it comes to housing reform we have seen a plan that addresses moral hazard obama's better bargain leaves us better off to bargain with our hope and change their dollars and cents we're also waiting with bated breath through the next week and will meet to cash out ahead of band break and speaking of dr ben bubbles but we're delighted dean baker could dr

and amazon one of the largest on-line collections available and shares of amazon down not much, but areve listeners, 71 million and pandora's stock is flat. a-rod one of the most disliked in sports. does he have a shot at any kind of rebound? our next guest says absolutely no chance. you make a great team. it's been that way since e day you met. but your erectile dysfunction - itld be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you cabe more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immedte medical hel for an erecti

something on amazon?xperiment here, i remember those shoes i had and i loved -- >> please don't get anymore. >> i lost them in one of our 1,000 trips, you know, transferring so i'm going to order them in the next two minutes. >> via amazon prime, which is a service amazon has that's growing dramatically, three two-day and next-day shipping, right. and they're investing in fulfillment centers closer to areas so it's going to get to the place it's got to be. same-day shipping. >> speaking of how big this platform is, obviously has reached into journalism. how do you apply -- how do you think he applied that to journalism? the next question would be, where does it stop? is he able to better deliver education, health care with this platform? i'm just curious, what are the thoughts, the plans? >> when you look at what he's attempting to do or what his purchase of "the washington post" means, right, he is someone who recognizes the advantages of multiple platforms. i think he will push that through with the was

that's one thing and that can be up for debate but when it comes to other entrepreneurs other than amazon with it's not just sales that i like that i hope. others say them trying to buy up the chicago tribune in all those other other publications along with that that's when this really starts becoming a business i'm no fan of the what about apple or google buying up the miami herald or something like that i mean we'd really have to look at it on a case by case basis what would apple have have to be lobbying for maybe the standards in the video or else on the i mean just think lisa jackson's so there's a lot of revolving door issues here so definitely these big companies feel that they need to cozy up to the government and sure washington post is one of these ways let's just say good friend is on all right let's get to our second topic according to bloomberg u.s. beef production is expected to hit twenty one year lows but not to worry as a solution a surge in the prices is already in the works scientists in the netherlands are introducing the in vitro burger by taking stem cells from cows

we're talking numbers on amazon.the technical side is jonathan with miller, and on the fundamentals is ennis with risk reversal. ennis, your view on the fundamentals of amazon. will a new york grocery business be a game changer or move the needle here? >> no, it certainly won't move the needle in the short run or really the long run. i guess it's another example of amazon delivering for customers, and that's the key. it's a great company for customers. but it's not a good stock. in fact, it's a very dangerous stock. in my opinion, given the fact that it hasn't generated profits for many, many years, but even if you look at the projections, go out to 2017, to 2018, it would generate less than $10 billion in profit if analysts' projections are correct, which i think are optimistic. so you're paying for a company that's never generated a substantial profit, and even going forward into the future, is not expected to do so. >> jonathan, how do the charts look? >> i think ennis will be right in the short term. if we look a

being a threat. >> if groupon isn't a competitive threat to amazon s there any reason for amazon to buyroupon? >> i don't think so either there. the company bought wooten in 2010, have a stake in living social. an we significance acquisition of groupon would be redundant. >> you remember like 2011 and 2012 when daily deal sites were all the rage. remember the good old day of those things. >> yeah, exactly. >> you get my point. is that over? >> yeah, i think from groupon's point they admit they have to evolve their business model and change it around. that's certainly acknowledgment -- >> as you know better than i do, have to evolve and can evolve are very different things. >> exactly. and i don't directly follow groupon but i think they'll have difficulties evolving that business. it will be difficult especially when amazon has a foothold in just about every part of the landscape in the internet right now. >> i bought a bunch of groupon and amazon local coupons in the early day. they sat around the house for a while until they basically expired. if groupon isn't able to evolve, what doe

what does amazon do about all this?nd mortar stores are able to beat them is their vendor relations. they have special deals with their vendors where they are able to drive the price down. amazon a lot of the times does their pricing by third-party. they are not dealing directly with vendors. what they have to do is change, disrupt the market once again and change their model and have their relationship with vendors directly to get those prices down. stuart: amazon, i'm told, wants to introduce same-day delivery. order in the morning, get it in the afternoon, where houses all over the country, game changing? >> fantastic but think about margins they are eating into with free delivery. that will start eating into the revenues they are going to make. charles: stock has been special. they haven't made that much money since their inception, one of the most amazing stocks out there. the street will forgive them for being, quote, disruptive. >> they're branching out and just acquired the washington post. remains to be seen ho

think about amazon.rketplace and give consumers a lot of choices. that is what we do with health insurance. stuart: i am told to have signed up a couple million people who are using that service. is that accurate? >> yes. 20 million americans come to eat health. when you get to obamacare, i feel very strongly about this, this legislation will succeed or fail based on enrollment. if we do not get a lot of younger people to enroll to counteract people like me who are a bit older and higher utilizer's of health insurance, this will not work. to make this work -- stuart: do you take a piece of every policy that i buy? is that how you do it? >> yes. we are paid a commission by the health insurance company. the commission is simply built into the pricing structure. there is no penalty to you as a consumer. there is an advantage to coming to us. stuart: that is very interesting. we have been looking for somebody who makes money out of obamacare. i think we have come to you correctly. thank you for joining us. m

ebay, amazon and underarmor, what do they have in common? they use the channel adviser, after rising over 30 percent since reporting last week, could there be more in store for the stock or should you shop around? stay tuned for cramer's one on one, all coming up on "mad money." >> you know i like to talk about game changers on this show. normally when i use that term, i'm talking about a product so revolutionary, it can change the way the entire industry does business. you catch that stock, you can make a bundle. tonight i want to think bigger. i want to tell you about a company that's literally transforming societies at a fundamental level all over the developing world. that's right. it's time to talk about the tupperware revolution. you might think they have nifty containers, kitchen products, personal care products get sold by millions of distributors across the globe. the emerging market, tupperware is about more than just containers that will keep your food fresh. it's a way for people, particularly women, to earn some additional incom

it is amazon, apple, google, facebook. what we're going to witness over the next ten years is a plat out war between the four of you for the future. how do you see that? >> i mean people like to talk about war. you know -- >> and conflict. >> there are a lot of ways in which the companies actually work together there are real competitions in there. but i done think that this is going to be the type of situation where there's one company that wince all the stuff. >> but you're already getting in each other's businesses. >> yes and no. >> there is something called google plus. >> google i think in some ways is more competitive and certainly is trying to build their own little version of facebook. but you know, when i look at amazon and apple, when i see companies who are extremely aligned with us. and we have a lot of conversations with people at both companies just trying to figure out ways that we can do more together. and there's just a lot of reception there. i can't think of an apple product or amazon product that i loo

plus, cash cloud, may, amazon and underarmor, what do they have in common?hey use the channel adviser, after rising over 230 percent since reporting last week, could there be more in stock or should you stop around? stay tuned for cramer's one on one, all coming up on "mad money." could save you fifteen percent or more on car insurance. yep, everybody knows that. well, did you know some owls aren't that wise? don't forget i'm having brunch with meghan tomorrow. who? meghan, my coworker. who? seriously? you've met her like three times. who? (sighs) geico. fifteen minutes could save you...well, you know. this man is about to be the millionth customer. would you mind if i go ahead of you? instead we had someone go ahead of him and win fifty thousand dollars. congratulations you are our one millionth customer. nobody likes to miss out. that's why ally treats all their customers the same. whether you're the first or the millionth. if your bank doesn't think you're special anymore, you need an ally. ally bank. your money needs an ally. . >> you know i like to talk

amazon today opened up a new subsection of the site: amazon art. check it out.ering with legit galleries to sell originals from warhol, salvador dali, norman rockwell, and more. amazon art is working with more than 1,500 galleries across the world to sell, it says, more than 40,000 pieces of art. those galleries include mcloughlin gallery and modernbook in san francisco. >>james: we will take a break and be more with a minute here's a look at the big board were they're not making too much money on wall street either. 15,00454 the current level for the dow. we will get to the currently does with rob black. ♪ (woman) this place has got really good chocolate shakes. (growls) (man) that's a good look for you. (woman) that was fun. (man) yeah. (man) let me help you out with the.. (woman)...oh no, i got it. (man) you sure? (woman) just pop the trunk. (man vo) i may not know where the road will lead, but... i'm sure my subaru will get me there. (announcer) love. it's what makes a subaru, a subaru. r b >>: r >>vicki: >>mark: we are here with our financial expert rob bla

i mean amazon, the web services business, the amazon -- there's so many different amazons right now that people don't realize. there are lots of different growth businesses within a growth business. and i think he will revolutionize newspapers. i think he's too brilliant not to have a new model. bezos, musk, these guys are like game changers, but no i'm not going to buy amazon off of that. i'm going to buy amazon because of the incredible retail momentum and because it's taking over the world. it'll take over europe the way it did the united states. i want to own amazon. john in california? john? >> caller: jim, love your show. >> thank you. >> caller: out here in sacramento, we love you. i wanted to ask you -- i talked to you a while back about dole. now it turns out he's buying me out, it's buying me out at $13.50. should i take the money or do you think there's more room in this sector? i had del monte, they sold out. in this sector, what do you think is the best play for what's coming up in the future? >> well, first of all, ca-ching ca-ching on dole, we've gotten all we're going to

amazon a recently made national headlines announcing it will be adding five thousand new jobs across america the world's largest online retailer however also recorded seven million dollars in losses in the second quarter of this year so how is it that amazon can afford to ramp up business. during a time of wise well the online company is also a supporter of the online sales tax bill also known as the marketplace fairness act if passed the bill would require american online retailers cardless of their location to collect sales taxes for all the states they do business and opponents of the online sales tax bill say small businesses would be disproportionately affected by the additional compliance costs and it would discourage online shopping earlier i spoke to several people visiting washington d.c. many of them from different parts of the country i asked them what they thought about the proposed online tax here are some of their responses. there's a lot of stuff america shouldn't be doing but they do it anyway i mean it's just another way for them to take money out of america's people