i bought things on amazon that are invoiced by amazon, delivered by amazon, packed by amazon, that involvedistance themselves from it. and it should be made a cost of their business collecting this tax. and that might be about to happen. the european union wants to make online marketplaces collect vat, in the same way that shops do. so, one of the issues that we have right now, is that there's nobody who's actually taking responsibility for ensuring that the system works. so we have to make those warehouses, and particularly the online retailers — the online websites — take legal responsibility for collecting the vat and passing it on to the country where the customer is located. that at the moment is not the case, and that's one of the changes that could happen as early as by the end of this year. but i did break the law, and i should confess. it's time to come clean with you, actually. we smuggled some goods into the country. and we didn't pay vat. how do you feel about that? it's something that you should not have done. and i'll speak to you when the cameras have stopped rolling about t

are we going to see that in amazon's numbers >> first, this is probably the best set up for amazon, atst for the holiday shopping season that i've seen in the 15 years we've covered the stock. >> basically ever. >> ever, right best setup driven by alexa echo devices, as well as mobile devices, which i think amazon has a very, very strong position in typically e-commerce and mobile, the rate of acceleration in fourth quarter increases significantly. mobile penetration, e-commerce penetration in the fourth quarter. this quarter is no exception particularly for amazon, when i took a look at the downloads this year, they had the highest number of downloads, ebay coming in second, of any company within the u.s. i took a look at activity yesterday, thanksgiving, amazon had the highest usage of any pure online retailer that i've seen ebay also coming in, walmart, target, as well. but they had the best performance in terms of mobile activity and that's 50% growth year over year and mobile activity on a platform the prime fly wheel is working, e-commerce is working for them they dominated rough

what amazon is trying to do, if you think about products, they want you to come to amazon.hing, it is a small step. amazon is known for driving models and getting into the market quickly and starting to drive success. emily: do you think that vision will be realized? guru: it is too early to tell. amazon could leapfrog against its competitors including google home. google home and other competitors, they have to make a leap in terms of the language processing and the amount of information that can be provided back to the customer. amazon has figure that out to a large extent, much beyond the competitiveness. it also has a shopping element. emily: how optimistic are you about the home pod? it is really about improving the audio and listening experience in the home. which isking at alexa, an all-encompassing product. it does audio. it does shopping. it answers other questions as well. if you are just looking at the device to play music, that sort of device may not be as competitive as an amazon alexa. emily: who wins the holiday shopping season it comes to the smart speaker?

>> amazon search is through mobile, the web, amazon alexa.lso feeding into the amazon alexa sales. good, reinforcing environment amazon is creating. bets onill have my amazon alexa. emily: just a few hours to go and we are there at the holidays. ceo of boomerang, former amazon executive. good to have you here on the show. coming up, holiday travel is in full swing and one company is looking to get you on board with smart luggage. we will check in with the founders of the away bag, next. this is bloomberg. ♪ 2-year-old smart luggage company away credits success to a meaningful consumer experience, which is why they made the unique expansion for online to brick-and-mortar stores all over the country. emma chandra set down with the founders to just drop -- discussed their disruption of the global luggage industry. take a listen. you don't think about retail as just where luggage is, building ind we are the travel stories we are trying to tell. if you walk into one of our and it is just supposed to be a really inspiring place to get you thinking

amazon will have a draw.pple will be sucking a lot of air out too. >> i think that's true you mentioned what's very important here this is as big of a tailwind going into this holiday season as retailers have had in maybe a decade think about consumer confidence, think about where the currency has been think about where inventories are for these guys they've had two years to get inventories in line. no one's going to be surprised by this. the other thing, black friday started two days ago i'm two tv sets long into the season already at best buy, i got 55 inches of power going into my bedroom. >> tiffany is another one, high end, that's going to do well being levered up, their balance sheet, aggressively bought back stock. completely egregious in my opinion. that stock is a sell here. >> i don't usually ask the questions, but can i ask a question to me it just seems like these guys are not much off the recent lows who is the buyer of these things >> at this point who is the seller if you owned a lot of these d

breaking news on amazon.m reporting that that company is exploring talks with generic drug makers. meg terrell breaking that news, and joins us now on the phone, meg, what can you tell us? >> reporter: hi, scott amazon has held preliminary sort of exploratory talks with makers of generic drugs like novartis and mylan about a potential entry into the pharmacy space. this is a story i just published with christina farr from cnbc.com she's been writing a lot about this people have been wondering what amazon is going to do in this space. what we've learned from these conversations, it appears amazo amazon's plans are not clear these are high level discussions about exploring, getting into the space, but that they are taking place across drug makers in the industry. and so people are watching to see whether this is going to impact distributors like cardinal health. it's unclear what form if any amazon will take >> we're wondering what impact there could be on stocks like cvs, which is down perhaps on your reportin

>> alibaba, it's amazon 2.0. the addressable audience in the united states for amazon, they have 320 million people in china, it's double that on the addressable audience with 1.4 billion people but with 620 basically that are potential customers for alibaba. >> what's the song we play when you lose >> toni braxton. >> that song is bad. who sings this song? >> celine dion >> almost as bad honeywell. back to you, mel >> we'll keep playing celine have a great weekend "options action" is up next. me. ambitions live everywhere. synchrony financial gives people the buying power and financial toolsthat help make them happen. synchrony financial. what are you working forward to? why did you take credit card debt on? second kid. private school. medical bills. moving costs. solid ground. a personal loan from sofi is a smart way to consolidate credit card debt. certain borrowers cut their credit card interest rates 42% and increased credit scores 17 points on average. borrow up to $100,000 with low rates and no hidden fees

disclosed thatt because amazon is protective. >> is there more you can do with amazon?utely. we want to talk to them about other lines of business. we are talking to google, microsoft. we want our whole country to be a host to several of the leading companies. not to have sales offices but that have something of substance hopefully in the cloud. >> more data centers, and other words. khaled: more data centers and a catalyst to develop a digital economy and the country that will serve the entire middle east. we see data as growing an important. we see it in terms of supercomputers in our pockets and mobile phones. we think the middle east should not be neglecting that element. >> so amazon is a done deal. how close are you to getting google or microsoft, the two companies you just named, to make similar commitments? khaled: we are in talks with them. they have to see the potential in the region. the second element is making them see the benefits of bahrain. i cannot say we are close to concluding anything but we are hopeful. >> would you go so far as to protect one of th

this is only back to amazon and whole foods. bob: and before.here have been very large consumer-oriented companies moving out of the food space, and on the other hand you have big food people like nestle, they have a lot of wonderful brands, but they have a lot where there is not a lot of growth. you look at organic and the healthier things and it makes sense if you earnestly, -- if you are nestle. julia: it is interesting. if they do this around $50 a share, 30 times -- for the most recent 12 month numbers, which even the -- deal we saw as well. i want to ask about a common thread between hain celestial and what we talked about earlier with the shift between at&t, even whole foods. hain celestial is a supplier for whole foods too. what about activism and the role of activism in these deals? bob: you can understand the business. people think they can understand the business. it is a tough business. we are going through a transition, we are not eating -- a transition, we're not eating green beans out of a can anymore. and -- in.azon steps of cour

plants in the amazon basin. by that time these children will have become adults. but their traditions and culture will have vanished. the fast pace of life in the digital shift has the lowdown on the web showing new developments and providing useful information the wittiest finds and interviews with makers and users. should next on deal with. crime fighters the new season of radio crime thrillers begins. in. motion domestic violence cyber crime and human trafficking for investigative cases that will keep you on your toes crime fighters series at the base idea ever so every young person needs to listen to crime fighter and share tell a friend tell a friend to a fake crime fighters don't miss it. shift living in the digital age coming up stars of instagram. for horses and high speed bar cooler but first account hacking cyber criminals hijack on line profiles of highly rated sellers they put up fake low priced deals to scam bargain hunters customers pay but never receive the goods the money is gone and so is the sellers reputation. pogo hunk is one of millions of ger

did walmart just prove it can match amazon's retail muscle? >>> the house takes a first step towards an historic tax overhaul. the hard part may be yet to come. those stories and more on "nightly business rt for thursday, november 16th. >>> good evening, everyone, and welcome. the bulls were firmly in control. stocks regained the ground that was recently lost. they did so on the back of improving profits at some of the country's biggest companies and movement on tax reform, two of the issues that have powered so much of this year's rally. today the dow jones industrial e advan 187 points to 23,458. nasdaq up 87 points to close at a record. and the s&p 500 added 21. our bob pisani has more on what took stocks higher. >> reporter: stocks rallied big time today, reversing six straight down days. what happened? first, washington did something. the house passed its version of a tax reform version. the senate still has to act but any progress on tax reform say cause to celebrate. walmart and cisco had big earnings beats. procter & gamble moved up be

what is the dollar figure from amazon? disclose that. >> is a more amazon can do with bahrain? >> absolutely. we would like to talk to them about other clients of his is and also talk to google and microsoft. we want our -- -- more data centers. >> with think this will develop -- gital we think the middle east should not be neglecting that. we think it will empower businesses. >> so amazon is a done deal. how close are you to getting google or microsoft to make commitments #>> they have to see the potential in the region which i'm sure they do. conversations. i can't say we are close to concluding anything, but we are hopeful. i don't want to speculate. >> that was the chief executive talking with our own erik schatzker. oft doesn't for our edition bloomberg technology. that does it for now. this is bloomberg. announcer: from our studios in new york city, this is charlie rose. charlie: the essay has been grappling with the major cyber security breach. the new york times reports some the agency's most sensitive information

did in q3 you know, amazon is a lot bigger than both of those, but the idea that amazon can sort of power through this market without a lot of price cuts is important >> michael, a couple of things jassy said that caught my ear. one was that he's planning on doing a lot more m & a, though they haven't done much in the past, and, two, that we should expect to see them layering on some software and services on top of that core infrastructure product, and i would expect if those were patterned after some of the competitors that could add profitability on top of what they have already got. do you have all of that in your model already, or is that something that tweaks how you look at aws? >> you know, for the most part we look at the margin structure at aws as being, you know, highly leveraged it's a fixed cost type of business, and when -- and when revenue does well, all that incremental revenue tends to fall to the bottom line. the aws operating margin in q3 was pretty strong at 26% which is what we're modeling for next year also. you know, that's a huge profit margin compared to amaz

wal-mart at amazon. jeff bezos now broke $100 million after the stock jumped on the optimism of black friday sales. the first billionaire to break the $100 billion mark since 1999 when bill gates hit the mark. incredible. >> remember what happened the 99 before the tech bubble in before the government got involved with microsoft. as amazon keeps reaching further and further out from you just wonder how big can a company get, how wide can you reach can't be for someone makes a claim they are too big. dagen: we always talk about physical stores versus amazon, but it's online versus online as well. "the wall street journal" has a good statistic that wal-mart has added tens of millions of products to its website in recent years in 75% of the toys were on wal-mart.com. so do you have the inventory in the u.k. free shipping and you get the product when they promise that? i will call out one retailer. i don't know who owns them, it's called forward by elise walker. the last time i ordered something the shipping

the goal now -- get amazon to do the same. for "nightly business report," i'm scott cohn in raleigh, north carolina. >>> that is "nightly business re" for tonight. i'm sue herera. thanks for joining us. >>> i'm bill griffeth. have a great evening. we. >> this is "bbc world news america." funding of this presentation is made possible by the freeman foundation, and kovler foundation, pursuing solutions for america's neglected needs. >> planning a vacation escape that is relaxing, inviting, and exciting is a lot easier than you think. you can find it here in aruba. families, couples, and friends can all find their escape on the island with warm, sunny days, cooling trade winds, and the crystal blue carib s

here is how amazon key works. the courier approaches the door and knocks or rings the doorbell to check if anyone ishome. he then scans the packages. once amazon verifies he's at the right place, the door unlocks. the camera inside captures the entire thing. no access codes or keys are ever provided to the driver. beyond package delivery, users can use amazon key to set codes for friends and family to get inside. or they can soon set special access codes for dog walkers for cleaning services. the system is supposed to make our lives easier but does come with potential issues like pets escaping, accidents, or even the potential to let thieves or worse into your home. amazon suggests pets be left outside or cordoned off in a room to prevent such issues. amaz says the customer is the only one who sees the video that the camera is recording. >> i am concerned about video. at the same time it's so much easier to pick a lock that you purchase at home depot or lowe's and pick it with a couple of tools versus trying to ha

with amazon. i've known amazon ever since they started at perkins, and i really admire what jeff bezos has done with his tenacity and brilliance. >> and he's a media mogul. he owns the washington post. >> he bought the biggest house in washington recently. he wants to really be in every single aspect of our lives. and he's doing it brilliant. >> so your deal will include -- i mean, delivering? >> just selling. we already sell our meals through amazon. but we're working on -- i'm doing pets and garden through amazon. not only amazon. it's just another vertical, another way to sell beautiful products. i mean, everybody is selling on amazon and to say, oh, i'll never put my products on amazon is crazy. maria: why would you do that? >> because they're selling. maria: exactly. and i don't know black friday is as important as it once was. when you have venues that you can buy anything any time. >> well, it's only about the price. black friday pricing. it's the pricing. it's the sales price that people a

amazon. and today its shares briefly rose above $1200 apiece. they close slightly below as you see right there. human workers at its fulfillment centers toiled like caffeine crazed elves. >> reporter: it was a record breaking weekend for online sales and shoppers aren't done yet. cyber monday is forecast to be the biggest online sales day in the u.s. hitting more than $6.5 billion by some estimates. above last year, though still just a fraction of alibaba's singles day in china which tops $25 billion. and when asking consumers where they were shopping online today, one site is king. >> yes, amazon. >> amazon. i've already bought something. >> amazon's online dominance is likely to swell on key shopping days. some say amazon may have gotten up to half of all online sales on black friday. that's a little more than what's seen on a typical day. this is one of about 75 of amazon's u.s. fulfillment centers. this covers a million square feet. there are 14 miles of conveyors, thousands more seasonal

but we're working on -- i'm doing pets and garden through amazon. not only amazon.t's just another vertical, another way to sell beautiful products. i mean, everybody is selling on amazon and to say, oh, i'll never put my products on amazon is crazy. maria: why would you do that? >> because they're selling. maria: exactly. and i don't know black friday is as important as it once was. when you have venues that you can buy anything any time. >> well, it's only about the price. black friday pricing. it's the pricing. it's the sales price that people are going after. and it's an excitement. it's really trying to get people out shop. they're not going to buy just the things that are on sale. they're going to buy other things too. that's what the merchants need. we need to get people into stores again. stores are really suffering because of online sales. but i think it's 59% of americans want to shop online. maria: yeah. >> either by their phone or sitting at their desk at home. maria: so what does it look like today to you in terms of the outlook out there? the consumer

amazon rose 5% last year.s, the founder of amazon reached $100 billion, bill gates reached that before. he becomes only the second billionaire to meet 12 figures. it is incredible. what i love about this story is that only now jeff bezos is wondering what to do with all of this money, how do i give the away? were buffett and bill gates have argument giving away their money and now we have this big booze. what do you do with that? sure there are plenty of people who would be willing to accept that. with this function on the bloomberg if you would like to see the richest people in the world. not me at 482. bill gates is there at second place. withbezos right at the top $100.3 billion. amazonbout to launch here in australia that is going to create quite a bit of a disruption. betty: we have been talking about how amazon is going to change the retail market. we know that they have had good luck and also some not great luck in other countries particularly in asia. in singapore earlier this year they tried to go int

begin on amazon.hey go to platform immediately to simply search for something to buy. >> which kind of detracts from the old story of everybody kind of looking at this array of prices and comparison shopping and amazon maybe is or isn't the bestprice, you're kind of captive to the platform a lot of people. >> as far as bezos goes, we knew last week his net worth hit $100 billion. robert frank with a great stis stick, the increase in his wealth this year, 32 billion, would buy itself make him the 18th richest man in the world. going to add to it this morning it looks like a little bit. >> the numbers sort of magnitude -- the leverage of individuals to what the market is basically doing in terms of re valvaluing these dominant companies never seen before. >> for more on cyber monday, we'll talk about it later today. talk to the head of ups and other people but courtney reagan islive at amazon fulfillment center in new jersey good morning, courtney. >> reporter: good morning, carl. holiday shopping weeke

store chain and it was beaten to the medications home delivery punch by amazon the online retail giant in fact delivered a knockout take a look at its stock on the leak of its approval for business as a pharmaceutical distributor in more than a dozen states nine hundred seventy two forty three on its october twenty sixth closing on the news bam up to eleven hundred ninety five on the twenty seven now it's resting at one thousand one hundred twenty eight sixty one highest we've seen joining me to discuss c.b.s. is next moves are mo the founder of the stocks which. last week. a good to have you the last we left c.b.s. it was absolutely terrified it went from a high in october of seventy six october high that is seventy six forty six on the twentieth on the twenty seventh after the announcement it took a dive to sixty eight ninety nine today ninety eight seventy a recovery or a holding pattern we spoke when the news broke and you were bearish on c.b.s. short term buy sell or hold what do you think investors and c.b.s. shareholders should do right now. well right now the chart is actually

amazon had more fun so to speak.der that google, microsoft and ibm are trying to take customers away from amazon-webbed services because the acknowledged leader of the business consider that many retailers have been decimated by amazon and all retail stocks have been hurt because investors amazon has the power to destroy any brick & mortar chains it decide to put in its cross hairs. amazon is a death star, moving in striking range in every industry on the planet what makes amazon so powerful? is it the vision of jeff bezos, its founder of ceo is it the fact that amazon's battier by brick & mortar stores i think it's all those the consumer loves amazon. the consumer pays for prime and prime is the best way to get pretty much everything look at the incredible price and earnings in the drug store stock. people are willing to pay less for the likes of cvs and walgreens, why walgreens is -- getting in the business it makes sense, the front of the store so to speak is covered by amazon i have a drugstore 48 yards away from

i think it's going to help amazon and our security. david: you know these people in silicon valley, rich, what do you think, quickly? >> the brightest people on earth when it comes to security and when it comes to the clouds. david: will they be affected by their government service? >> well, that would be a drop in the bucket. amazon is a huge company. might be the first trillion dollar company. david: black friday, cyber monday, have you heard the deals our informers have? if you haven't we've got them coming up. his advisor ran the numbers and showed that he wouldn't be able to retire until he was 68. the client realized, "i need to get back into the markets- i need to get back on track with my plan." the financial advisor was able to work with this client. he's now on track to retire when he's 65. having someone coach you through it is really the value of a financial advisor. >> and we're back with the bargain stock picks and mike, after the holiday meals, you love to stretch out and you like the company that makes the things to str

amazon's cloud unit is close to making a deal with medical data company cerner which would give amazon a foothold in the lucrative health care market. that report sent shares of cerner and amazon higher. cnbc.com's chrissie farr broke the story and joins us from san francisco. chrissie, how big a deal is this cerner deal for them? >> reporter: bil me this is act huge deal for amazon aws which has some contracts in health care. it's been tough for amazon to break in. that's because of concerns about things like information security, compliance. having a stamp of approval from cerner is going to really help amazon make that push. it's a big deal, i would say, for both of these companies. >> and how does it play into amazon's broader strategy which you've been reporting on previously that they might enter the pharmacy business? >> reporter: well, sue, that is the topic of discussion. everybody wants to know, is amazon going to do pharmacy, are they going to start selling rx. it's not really clear if it is related. it might suggest that amazon is building up more expertise, more partnershi

for that he uses the websites shopping platform amazon marketplace one day he noticed something odd about his account. but it must have happened around noon in the evening after a few hours i'd sell two thousand products that i'd never even owned and couldn't have sold two thousand customers were waiting for delivery. of the full. cyber criminals had hacked his account they used to offer a whole range of items from computers to beauty products and all. for prices that undercut the competition they exploited holder's five star reviews which helped to lure in unsuspecting buyers. but how do these criminals gain access to other people's accounts. says that with the right technology criminals can use public why fine networks to spy on people's passwords hackers also use email to try to tease out personal information. that you have just become one of the most well known attempts are made using phishing e-mails authentic looking emails are sent out that look like they're from amazon they're really well made and when you enter your username and password someone's they're recording them for

amazon, new high.'re looking at wal-mart competing very closely with amazon, more so than ever. actually, only 0.3% more expensive than amazon on average versus 3% a year ago. in fact, when you take a look and break it down, you look at the wearable sector, in fact, now cheaper on walmart, 6.4% for wearables, headphones, 6%, tvs, 2.7% as they've managed to slash prices across the board as they battle it out for your holiday bucks. ♪ ♪ to. i even accept i have a higher risk of stroke due to afib, to. a type of irregular heartbeat not caused by a heart valve problem. but whatever trail i take, i go for my best. so if there's something better than warfarin, i'll go for that too. eliquis. eliquis reduced the risk of stroke better than warfarin, plus had less major bleeding than warfarin. eliquis had both. don't stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. eliquis can cause serious and in rare cases fatal bleeding. don't take eliquis if you have an

fortunately amazon has agreed to restore holders excellent on line reputation. shift says protect your logon data. time now the shift ranking instagram accounts with the highest number of followers in fifth place beyond say a german statistics portal analyze the world's most popular instagram accounts celebrities in particular use the platform to share news beyonce first posted pics of her newly born twins here you were one hundred seven million followers. in for christiane ronaldo the real madrid striker likes portraying himself as a football hero and a family man on instagram but currently ronaldo was under investigation for tax fraud his pregnant girlfriend three children and one hundred thirteen million followers await the verdict. in third party on a grand day in summer she was made an honorary citizen of manchester for organizing a fund raising concert for the victims of the terror attack at her show in may one hundred fourteen million instagram followers are touched by her compassion and. the runner up said the nick. as a former u.s. teen idol who now cul

we had a couple of events that made you feel like amazon could do no wrong.t is different about this cybermonday, a lot of the other retailers are in different position than they were. inventory levels at a different place, a strategy in many cases an online presence that feels different even to a customer that is used to amazon i'll take it from the other side i think it is all about market perception, the bar has been so low, the perception has been so low on the major retails, department stores, you name it i think that's why amazon is somewhat muted from here on out. >>> the street's top strategist weren't bullish enough this year it looks like they're making the same mistake for next year why won't wall street go full bull we got a special report. traders getting on one group of stocks with massively underperformed this year we'll tell you what it is after this break if you're on medicare, remember, the open enrollment period is here. the time to choose your medicare coverage... begins october 15th and ends december 7th. so call unitedhealthcare to learn

and second to amazon >> you think they can be a winner and amazon and best buy that you think amazonnd walmart can win together >> i think they can both win walmart is very interesting because when you look at the black friday search and activity that's been taking place here, it's actually very strong surprisingly in brazil as well and while amazon has recently announced they're going to be making penetration into in a space walmart has been there since 1955 also through the online channel, particularly via the phones. >> what about the losers too >> tractor supply. company i followed for a while i'm interested to hear what the indications are. >> yeah, i'm sorry to is a that on national television in history, they have have a lower win-loss ratio an the rest of the sector coming out of black friday on average, losing 1.1% per day. this year actually, i think it's going to be very interesting because they have a concentration and when you look at differentials between what are national allegiance tends to really care about, houston actually has a much higher propensity to be looking

is it all about amazon?a coburn we talk a lot about --emma coburn -- emily: continuing to promote and offer deals today does it have all weekend. amazonit is considered and walmart, the big walmart -- the big online rocket places will be the big winners today. -- marketplaces that will be the winners today. bayne say that amazon alone is expected to capture half of all e-commerce holiday spending growth and we heard back on friday from tbh insight who said amazon had captured 50% of all online spending on black friday. take a look at another truck i have for you here. what you can see is while amazon which is the blue line here is sort head of walmart when it comes to market cap, when you look at sales, this is the bar chart, lamont is doing just continues to outperform amazon. was surprised to see that in storage sales still account for 90% of retail purchases. when it comes to e-commerce, there's a lot of growth to be had. to buy the trends just talk about the trends we are seeing. emma: it is always surpr

this on amazon's black friday gains. we are seeing amazon gained 2.6% of the session.he stock gained 58% already --s year, close to the bezos' fortune topping $100 billion on amazon's black friday gains. the function can show you jeff bezos know ahead of bill gates and warren buffett. and u.s. retailers are unusually optimistic going into this year's holiday shopping season. the national retail federation predicts 69% of americans will shop at stores or online over the thanks giving weekend. get a talk about the outlook for retail and the state of u.s. market is marion montagne. she is with us from minneapolis. thank you for joining us. let's talk a little bit about this holiday shopping season, what are your forecasts? 4% to 5%i think a good growth in retail sales is on the horizon. the reason being we have strong employment. we have rising wages. we have rising consumer confidence. today the university of michigan upped the consumer confidence index the 98.5%. they adjusted it upwards and allowed -- a lot of that is based on expectations by individuals that their wag

key with amazon has already raised security questions with a new service, amazon key. which enables delivery drivers to drop off packages inside your home with a special smart door lock. >> still, a recent survey by wells fargo found five out of ten american adults would likely use an amazon pharmacy if they could. probably because amazon's previous entry into a particular sector has had two results, one is lower prices and the other is happier consumer dean reynolds, cbs news, chicago. >> still ahead, we'll take you inside the ten-point coalition where religious lead ares and former gang members have joined forces to reduce crime. >> attorney general jeff sessions visits indianapolis tomorrow to meet with the ten point coalition, a group of religious leaders, community volunteers and former gang members who have joined forces to reduce crime. as demarco morganwo# reports, te coalition could become a model for cities across the country. >> and do you go everywhere with your gun. >> everywhere. >> brittany joans stands watch on this indianapolis street corner with an au

i think it's going to help amazon and our security. david: you know these people in silicon valley, rich, what do you think, quickly? >> the brightest people on earth when it comes to security and when it comes to the clouds. david: will they be affected by their government service? >> well, that would be a drop in the bucket. amazon is a huge company. might be the first trillion dollar company. david: black friday, cyber >> and we're back with the bargain stock picks and mike, after the holiday meals, you love to stretch out and you like the company that makes the things to stretch out. >> soft carpeting and a hard dividend. >> mike is right. it's a strong play, i like it. david: you like a mutual fund, why? >> this cap, decent names and double digits returns. >> if you're like me this is perfect for your indigestion. david: everybody is so agreeable on the holiday weekend. that's it for forbes on fox. thanks for watching. keep is here, the number one business block continues with trish regan and cashin' in. trish: explosive new revel

he passed the 12-digit milestona rise in amazon stock. climb shows online shopping for thanksgiving and black friday jumped 18% over last year. it is believed bill gates, the cofounder of microsoft is the only other person to reach $1 billion. >>> a price hike -- unfortunately for describers -- user who pay on the 25th of the month found out they'll be charged the new price on christmas this year. netflix put out a service warning via e-mail and the app. the streaming service announced the $1 to $2 price hike in october. >>> just a reminder, if you have a consumer problem or question we would like to hear from you. e-mail us at consumerwatch consumerwatch@cbssf.com or call the help line at 1-888 1-888-5-helps-you. we'll be right back. news.. >>> today's tip of the day is going to be satuma tangerines. the aroma comes out because -- they're beautiful. especially if you put it on a bowl on the counter on the table and all the leaves like you picked them in your backyard. make sure they're nice and heavy for their size. very important. they'

and business news this morning , amazon founder is worth a whole lot of money. and i think we just saw why. >> money watch diane king hall joins us from the new york stock exchange with the details and more, good morning , diane. >> good morning, rahel, joe. we start with there is during friday's shortened session, the dow closed up 31-point, the nasdaq set new record gaining 21. one magazine giant is buying another. meredith is paying $2.8 billion for timing, times , sports illustrated, people, entertainment weekly. meredith publications including better home and gardens, time sales the sale was in the best interest of its shareholders. and call him the $100 billion man. the ceo of amazon, jeff basil, saw his net worth soar last week as investors snapped shares of the e commerce giant on optimism over "black friday." the bet amazon will account for massive portion every on line sales this holiday season , as you guys were basically talking about there, and movie-goers are serious out of frozen spin off. people turned out to see cocoa this weekend, social media

i think it's going to help amazon and our security.avid: you know these people in silicon valley, rich, what do you think, quickly? >> the brightest people on earth when it comes to security and when it comes to the clouds. david: will they be affected by their government service? >> well, that would be a drop in the bucket. amazon is a huge company. might be the first trillion dollar company. david: black friday, cyber david: black friday, cyber ♪ he's told that joke a million times. and you always laugh like you're hearing it for the first time. at lincoln financial, we get there are some responsibilities of love you gotta do on your own. and some you shouldn't have to shoulder alone. like ensuring he's well taken care of. even as you build your own plans for retirement. see how lincoln can help protect your savings from the impact of long-term care expenses at lincolnfinancial.com. >> and we're back with the bargain stock picks and mike, after the holiday meals, you love to stretch out and you like the company that makes the things

more to amazon shareholders and would force amazon retail to operate not as such a loss.would be amazon's choice. it would be their choice. >> yeah. stuart: i'm talking about external outside pressure which would have a go at amazon and make them change, forcibly make them change. you know how you would do that, do you? >> if it and where it happens is europe. in united states we register a lot from tech stock. stuart: that is right? really? >> now far and away is amazon. stuart: how do you feel about that? >> i feel great. they create jobs for my kids. i own amazon stock and i'm a prime member. a company that can operate in different set of rules because the marketplace keeps bidding stock up despite the fact that they show no profit. you are european, analogy, germans had better tank, but the allies 38 gallons of gasoline. liz: they said that about ibm in era and microsoft blew them up. >> when they are saying it's too powerful -- [laughter] liz: why spin off money to the cloud? >> they might because i think -- stuart: wait a second. i have to get to the point. how woul

we think it recognizes your face and pears that with your amazon account. -- pairs that with your amazon. emily: why have we not seen this at work? >> they had some unexpected bugs when they launched it about a year ago. at that time, they said they expected to open early this calendar year, which didn't happen. they had to push it back. we understand they are working through situations beyond an individual shopper, which is a simpler transaction. they have to think through groups of people coming in, couples, families, a situation where mom, dad, a couple kids go in, and the person who checks in with their phone leaves and the other parent remains with the children. there are a lot of group shopping scenarios they had to consider and work through those as well. emily: you guys also, olivia, uncovered a little pikachu challenge, where the employees dressed up and tried to fool the system. >> we understand amazon has been encouraging its employees to use the store often so they could find any bugs. three very brave amazon employees said, we are going to really try and trick this, and they

. >> it's an interesting moment because you had the peak panic for retail apocalypse after amazon wholeoods into july then you're up big depending on subsector up 20% and now there's a season the season might be good enough and consumers in a good mood, there's enough to go around in a sense for everybody. >> although, is this true after thanksgiving -- >> stocks don't do well in december typically. >> it's into the date best time to own. >> then after, then july into the first quarter -- january, sorry. >> thanksgiving shoppers getting an early start macy's opened at 5:00. here's more from jeff gannette, i watched you cut the ribbon with al roker, what a great perk in your line of work i wonder your take on what adobe is telling us about the jump of people shopping on their phone ahead of black friday. is that going to be evident to you and the way in which you track foot traffic >> you know, we had a good start to the fourth quarter and black friday was very strong online as well as the traffic that came into our stores last night and that are here today in our stores so good start to

and this amazon camera connected uncomfortable at all that it's recording in your home?nly recording in your home when the delivery is occurring. you get an alert. >> reporter: did it feel weird that someone was walking into your house? >> a little bit, but not really, because it was so fast. are are and a delivery happened while we were there. >> everybody panicked. there's the idea of letting a delivery person into your home without any interconvention from you that terrifies people. >> reporter: amazon say the all its delivery people have been background checked and vetted. >> part of every moment of your life that involves going in and out of your house which is a pretty powerful place to be. >> reporter: becky worley, oakland, california. >> they to strangers online, don't get in a stranger's car. now we get online to let a stranger in. >> i set up a delivery to my apartment. why are they going through that apartment. oh, good lord. don't wear that. it was for heine. theseare heading back home.y oil thanks to dawn, rescue workers only trust dawn, because it's tough