anheuser-busch says they're running this week. >>> to the nba. and drake was right. >> last week the rapper/toronto native promised raptors fans a canadian team would go to the nba finals, and they made it, next is two-time defending champ, golden state. game one is thursday in toronto. the warriors swept portland to reach the finals, and the loss still stings for blazers' enes kanter. he had an attendee at his basketball camp cover his steph curry jersey. so i guess he's not a sore loser there? >> i was going to say, not cool. >> it's like, oh, just cover that up, kid. >> i love steph curry. >> cover that up, please. >> oh, man. >> how about drake was fired up when it came to toronto getting into the finals there. >> i don't know, is he a huge nba fan? >> oh no, yeah, look at him there. look at him. i think he may be. and it's funny because we ran this little snippet of him really hyped up last week. and it's been going around social media this past weekend that people heard four accents in there. >> that's awesome. but you know what, it's going

anheuser-busch is running those ads again. victory. >>> have you ever wondered what happens after you click buy on amazon.com? now you can find out. >> the company is offering public tours of its massive warehouses across the country. a warehouse in baltimore is the newest location giving tours. >> you can get a first-hand look behind the scenes at the e-commerce giant as workers and robots fill orders. >> i don't need to see how the sausage is made. i just need the nished >>> here's a story you need to see to believe. a boulder in colorado is creating a major roadblock. >> that's because it weighs more than 8 million pounds and is literally as big as a house. the rock rolled onto the highway on friday blocking both lanes and closing the road indefinitely. crews say the massive rock will be blasted into much smaller pieces to clear that road. you see the scale of that when you see the man standing in front of that boulder. that's a big rock. >> it's a huge rock. >>> and a canadian woman has broken the guinness world record for

really established miller brewing is not just the last major standing in milwaukee, but with anheuser-busch, one of the largest in the country. and we is just indelible are looking at everything from the miller high life theater where you see shows downtown to the miller park where the rivers play. -- the brewers play. ofis a tangible expression economic legacy that remains important in the present. announcer: our cities to her staff recently traveled to milwaukee to learn about its rich history. to watch more video from milwaukee and other stops, visit c-span.org/cities tour. you are watching american history tv >> next on "the presidency," for the east tennessee historical society, james k. polk scholars talk about his ancestry, politics and policies. this panel was part of the two day conference marking the completion of the 60 year project to assemble and edit polk's papers at the university of tennessee. >> ok, i think we are ready to begin. my name is connie lester. i am an associate professor at the university of central florida. i have moved forward from polk. i worked on his papers

anheuser-busch, always aggressive driving up margins, underinvested in the beer market particularly innot only cocktails but also mixers. ,imilarly for reckitt benckiser one of the companies that is beginning to step back from their margin targets. and they are having to be forced to invest in different platforms to meet the various different types of consumer tastes that we expect. personalization across different platforms, and that is more expensive to run. anna: tell me about one of the stocks you do like at the moment. their, technology stocks at this time because of the global trade tensions and troubles for the car industry. absolutely, and the reasons you pointed out are justified. where we prefer to focus in the automotive and suppliers are companies that have structure growth drivers as opposed to being dependent on automotive volumes. ,imeon, the stock we discussed huge contact growth, they are big beneficiaries for the moved electric vehicles. preachesok at ihs's for this year, they are forecasting a 3% decline. motor salesfineon to increase 5% over that same time. that sho

. >> i can talk about anything >> go ahead, weiss, anheuser-busch >> named best idea at guggenheim >>rly defensive play, it's not a fast grower, they expect growth to accelerate by 10%, 20 over 19, still got to get through '19 where it's flat. i think it's okay. it's a defensive call in this environment. beer sales haven't been great. you need a very warm, hot summer to make it -- to drive it. >> they stay with $103 as the price target by the way, this replaces coca-cola, pete, which you own >> still own coke, own pepsi, this is a name i'm going to look more deeply into just like decker yesterday they've got the better organic growth right now than coke or pepsi. and so based upon that, and you look at the p.e. and they do have some growth, their revenue growth looks okay, i like what i've seen out of this company, does it go to 103? i don't know about that. but $95, sure. >> now let's answer some questions. weiss, you're up first united rentals, in case you didn't know that was coming. jerry in chicago, thank you, jerry. what happens with uri and infrastructure legislation over the n

other notable earnings include allergan, anheuser busch, papa johns and tripadvisor.street the dow closed down 66 points. the s&p 500 lost 13, and the nasdaq dropped 40 points finishing off the lows of the session. >>> uber and lyft drivers are planning a massive strike over work conditions and pay. tomorrow drivers in major cities including new york, chicago, los angeles, and san francisco plan to strike between 7:00 and 9:00 a.m. drivers demands include increased job security, livable incomes and a guarantee that 80 to 85% of proceeds to a ride go to the driver. >>> google is set to launch new tools to limit the use of tracking cookies. according to the wall street jury room the dashboard-like function in its chrome browser will give users more information about what cookies are tracking them. users will also be offered options to fend them off. cookies are small text files that follow users on the web that advertisers use to target consumers. >>> woodstock cofounder michael lang has until friday to raise the money needed to produce this year's 50th anniversary fest

this is anheuser-busch.hey are announcing it will be selling shares of its asia-pacific unit here in hong kong, an ipo taking place. something to do with selling minority stake. it looks like it could be a deal that could value the business at $70 billion. and shares with list on the hong kong exchange. a lot of debt. the maker of budweiser coming under pressure to reduce that leverage, which it compiled onto its balance sheet. i think it paid more than $100 billion for that. what are we at the moment? 45 minutes away from president trump's promised tariff increase even though compromise could mean high tensions. we look at assets for the best chance of sustainable gains. that is the mliv question of the day. which asset amid trade tensions? daniel is still with us. whether he has any opinion on that question. daniel: i think this is a tough one. it goes back to your early question. how do we think about this in a decision-making framework where we're not sure what's happening with these tariffs and there ar

. >> a federal judge put some of anheuser-busch's ads on ice.ampgnthat said two rival brands are made with corn syrup. they said corn syrup is used it process, but there is none in the finished product. the judge said the two billboards they were using would confuse consumers so they can't use them anymore but the original ad used during the super bowl does not use confusing language so that part can presume. >>> starting today you can explore the great barrier reef inside the first ride-share submarine. uber is launching a series called scoober. what else would they call $12,0 a driver will pick you up. you'll be helicoptered to an island to get to the submarine. it will only be available for a limited time to a limited number of riders. >>> hawaii airlines issuing credits and apologies to those charged with tickets they bought earlier this month. they said the problem allowed them to buy tickets with their program but didn't subtract miles from those amounts. they were cancelled and passenger will have to rebook. other the were charged dollars

guggenheim has named anheuser-busch its best idea in the beverage area. year as you see there on that chart. let's bring in the analyst behind the call. he's a senior aichbnalyst with guggenheim i thought bud light and bud were both kind of flat or declining what is ambev doing right? >> so actually, we had -- on monday with the company and it was really interesting i think what makes us feel more comfortable about the u.s. is, first, they are moving from defensive to offensive i think they are doing this at the right time and, three, the plan we saw is very -- so let me come back on those three things so from defensive to offensive, as you just mentioned, bud light, budweiser is declining, the segment of the market declining. the past two years, abi has been trained to protect their brands and to the added expense of growth in other segments i think it's a very strong, strategic move here. the desire to invest more behind -- growing categories but also more profitable, like super premium. so that's one. the second thing is the right time to do it, and i

>>the popular beer brewed by anheuser-busch released this joke filled recruitment video wednesday thenternship runs from june 10 through august 2nd for one lucky winner. the clip shows natty lights brand manager explaining what the brand's looking for in a summer intern. so what will the natty light in turn do well, the winner will serve as brand ambassador attend events and create quote fire viral content for social media because post involve some drinking apparently a lot of drinking a beer candidates have to be at least 21 years old interested candidates can apply on natty lights website before may 19 said only few days left his >>wraps up round 4 news at a lotus and catherine heat in their heroes com for news at 9. >>all right kevin can plenty in that he leighton all kinds of beer flow and tonight, no doubt celebrate story drink says the wars just pulled off a huge legendary win in houston over the rockets to advance to the western conference finals, our awesome highlights. >>also one line i 6 80 remains closed tonight after a semi caring vitamins crashed into a ditch. when of the

that's the new recruitment video from natural light which is brewed by anheuser-busch.ns through august paying $40 an hour. >> $40 an hour. >> i was like, wait, did i read that right? >> that's a good internship, i might apply. this video is filled with jokes. it says the intern must be an ambitious scrappy trail blazer ready to serve as brand ambassador and create fire viral content for social media. candidates have to be at least 21 years old and can apply on natty lights website before may 14th. $40 an hour is better than so many jobs. my goodness. >>> all right. so, if beer or wine, maybe they aren't your thing. how about a cup of >>ou . wil to pay one no cup?i wthat. pric bay ar sing 's a latt >>> n is mi 7 at 5:00. 5:00, merging vi reality with andresiin l we'll have that. >>> plus -- >> we are excited to say that all of our union jobs will be protected. >> the oakland a's and their plans for a new stadium get a boost. now the organization just have to convince a few other people. those and more when ama and i see you at abc 7 news at 5:00. >>> tonight in primetim

shares of boeing are lower 1 1/2% for compensation related to the grounding of the 737 max jets anheuser-busch on the rise after guggenheim named it one of the best giants, due to organic growth and emerging markets. in fact, he will join us next on "power lunch." and a chinese company seen as a regional competitor to starbucks is trading down today by more than 12% and significantly it is now below its ipo price of $17 it's around $16.22 now to sue herera for a cnbc news update. >>> hi, kelly. hello, everyone. here's what's happening this hour house speerk nancy pelosi along with senate democratic leader chuck schumer holding a press conference after president trump canceled their infrastructure meeting at the white house. >> for some reason, maybe it was lack of confidence on his part, that he really couldn't match the greatness of the challenge that we have he just took a pass. >> an investigation ordered up by a virginia medical school failed to determine whether governor ralph north am is in a 1984 yearbook photo in a man in blackface, standing next to someone in a ku klux klan hood but i

i anheuser-busch down 3%. total, shell taking a big hit.ig gainers are telenor, the possibility of a megamerger there helping talent enor today.- tel all ofseven winners at all of the stocks that are trading today. not all 600 on the stoxx 600 because you have the u.k. markets closed. 382 losers and seven gainers so far. that should tell you what you need to know about the markets this morning. tensions rising between the u.s. and china. that's what it's all about. beijing is considering delaying trade talks this week after president trump threatened to increase tariffs amid frustrations over the pace of negotiations. joining us to discuss is jodi schneider. typical donald trump negotiating tactics, but is china big enough to just say not with us? well, that's the real question, isn't it? china has said they don't want to negotiate based on threats of tariffs. and they started negotiating seriously the last few months when donald trump took the threat of doubling those tariffs on $200 billion worth of chinese goods. now the question is, wha

defensive stocks, lvmh, anheuser-busch, almost everybody is rising today with the exception of a couplee ex dividend as well as adp. the operator in france falling more than 8%. are not bighose stocks, but they are taking some points away from the much larger astrazeneca. let's get first word news in hong kong. uber has just raised over $8 million after pricing shares near the bottom of their market range. this gives them a market valuation of around $75, just below its last private valuation. they're hoping to avoid the with saw and areas lyft focusing on shareholders that will hold the stock for a long time. the trump administration is expanding the amount of countries they scrutinize. the latest report could raise the numbers of nations being monitored to 20. the economic may be named a manipulator for artificially holding down the value of their current -- currency. the private sector space race is heating up and the world's richest man says it is time to go back. unveiled blue origin's potential lunar lander and told washington that it has been too long since aidan -- since an astr

it established not just the last major standing in milwaukee but with anheuser-busch, one of the largestuntry. the legacy of miller brewing is indelible and we are looking at everything from the high life theater where you see shoes -- shows downtown to miller park where the brewers play, so certainly a huge role to play in milwaukee's legacy. ofis a tangible expression an ethnic and economic legacy that was really important and remains important in the present. we are to wait milwaukee -- going through milwaukee on the back of a harley. once known as the neighborhood of german -- weants is home to stopped by their deli and smokehouse for a taste of recipes passed down through four generations. same way myhem the great-grandfather made them. what it means is we use fresh garlic, not garlic powder, fresh onions, natural smoking processes where it is smoked in two story brick smoke houses so it is over an open fire, done the old-fashioned way the way it was done by my great-grandfather. my great-grandfather founded this. he immigrated to the united states in the 1870's. he was a sausage ma

griff: coors sued anheuser-busch for saying miller contains corn syrup.red or white can apparently tell a lot about your personality. >> do not sabotage me. >> oh, aye-aye, captain, go out it. >> if we're drinking merlot. griff: a study of 2,000 people reveals wine drinkers are early birds, dog lovers, listen to jazz, adventurous. those who like white with night owls, cat lovers, extroverts, and perfectionists. pete, what are you? pete: red usually but i don't know those are hard-and-fast rules. from shouting down speeches to straight up violence, chaos seems to be the new normal on college camps. >> i don't get out. >> you're supporting nazis. >> don't pour your coffee on me. >> [bleep] >> i believe that gentleman just threw paint on me. i didn't think i was just intimidated. >> jesus christ. what -- what? oh, [bleep] pete: but one college is bucking this trend. in a new wall street journal op-ed entitled, "the reopening of the liberal mind," bard college is highlighted for its civility amongst students. here with more is a professor of literature and hi

anheuser-busch considering the ,ale of a minority stake showing how the company looks at new ways to the bloomberg business flash. francine: there is an important event, the paris forum, where we have a number of leaders attending. and of course, we just getting news from the imf talking about the trade war saying that everyone loses in the trade war. trimming some losses this morning on news that chinese vice premier will be coming to the u.s. for trade talks. let's have a listen. >> nobody wins a trade war. in a tradeas to lose war. takenscussions that have place will resume which is what i understand will be successful at the end of the day. francine: joining us are our guests. first of all, when you look at showing up in d.c., does that mean they are willing to give something? that trade wars are easy to win. and to have less leverage. -- bere not going to see seen as the one still railing this round. -- as the ones derailing this round. francine: this time we have terms of 25%. are we back on track? >> the downside is that the risk has bigger market moves. it is definitely not t

that really establish that miller is not just a ledger -- last major standing in milwaukee, with anheuser-buschmajors left in the country. looking at everything from miller high life theater where you see shows downtown to miller park, where the brewers play. what it is basically is a ethnice expression, an and economic legacy that was really important and remains important. announcer: continuing our special look at milwaukee, grand avenue was once home to some of milwaukee's wealthiest residents. lined with the mansions at the turn of the 20th century. today it is where you will find marquette university and the pabst dimension. next we visit the home to learn about the past -- the pabst family and the origins of their family's brewing company. >> brewing and milwaukee are very synonymous. that was pretty early on. the walkie in general for german immigration and brewing just developed along with all of that. they remembered lager beers from their homeland. i think todayt most people would recognize him from the ear company. -- beer company. but to milwaukee and he was a 19th-century celebrity

anheuser-busch filed for an ipo for its asia unit.hat could value the business up to $70 billion. it would reduce debt and pursue acquisitions. the company has cornered the premium beer market in china. atst quarter earnings british airways' parent fell 60% because of a fair war. ceo expects full-year profits to be flat. lowes of aig hit a yesterday. plunging.s the ceo is stepping down and leaving the board. the first quarter profit is short of estimates. that is the bloomberg business flash. francine: let's talk uber. they have sold 180 million shares, and the highly them aated ipo, giving market valuation of $75.5 billion. even at the low end of the price uber is set to be one of the biggest on the exchange since alibaba. uber, howook at telling is it that they are at the lower price range, and does this have to do with softbank? they are tied in with uber. matt: it is more about the realities of demand in the marketplace and where people are prepared to pay for this asset. it is not making money so you are taking upon some big futu

i will put you 100 basis points above anheuser-busch. maybe i'm wrong in that.e a revenue pop. what you do when the management and the income statement is done if you are only developing maybe 4% revenue growth? >> in the coming years, our promise to the market is seen so far is very attractive. we promise revenue growth in the mid-single digits for profit. and we give share buybacks at the tune of 4.2 billion. -- we have tripled our have tripled the contribution to shareholders over the last three years. it is appreciated. me about iflk to you're planning to take control of your listed businesses, the subsidiaries, more. do you plan to take control like you've done in cambodia? it in greece and in cambodia. we will do that more, but we are -- keen to look at the possibility of the majority. but it depends on the willingness of the partners to engage in these kind of improvisations. the company has been monitoring cannabis for several months now. what have you been finding? >> it a very interesting market. we will see that there is a lot of appreciation for our

anheuser-busch north america ceo is here, talking about the impact on business.man joins us this morning, along with judge andrew napolitano. also with us is dr. mi dr. mike. a possible auto merger, fiat chrysler's proposal to merge with renault was presented to nissan today in japan. the possible tie-up stoking fears that nissan, they could weaken their position in their alliance with renault. former chrysler ceo bob nardelli is here in the studio, along with tom bevin. dagen, great to see you this morning. and thank you for joining us, everybody. i ant to get your take on the multiyear low for bond yields. bob, your reaction in terms of the potential deal with fiat and now renault. >> it's interesting, you know, the fiat tie-up with chrysler has really been somewhat of a disaster for all the things that they projected would happen are not. the small cars never did sell here. chrysler had to buy emissions credits from tesla a few months ago to be able to sell fiat into the european market. so tying up with renault, the one advantage would be i saw where the gove

it, over 80% of the beer made in the united states is made by just two, big, global, brewers anheuser-buschting with these big global brewers who unfortunately, the previous administration's justice department allowed them, even with over 80% of the production in the u.s. to go buy up craft brewers which they then market without being transparent about who really owns them. stuart: got to get in a question in about tariffs. your cans and kegs, aluminum, i believe, and tariffs on aluminum, according to one industry group, costing your industry, the beer industry, 40,000 jobs a year. that sounds like enormous number of jobs to me. let's go back to sam for a second here. how are you dealing with these increased prices of aluminum for your kegs and your cans? >> well as jim alluded to, we're still david up against a couple of goliaths. so even as our companies merge, we're still less than 2% market share but we do have more clarity on sourcing. it gives us a finite amount of more capabilities, whether it comes to sourcing kegs and aluminum but we're still at a huge disadvantage versus internati

. >>> another ipo, in the meantime, in the news this morning overseas beer brewer anheuser-busch inbevin off its asian business in a hong kong offering reuters reporting that offering could raise at least $5 billion. and shares of priceline parent booking holdings are trading higher in the premarket this morning. the company earned $11.17 a share for the latest quarter that missed the street's expectations by 10 cents however, hotel room nights booked on its sites rose by a better-than-expected 10% the company also said that it expected to see revenue growth resume this quarter, and as a result, you could see booking holdings trading up by about 4%. >>> tariffs on china have kicked in that started at 12:01 a.m. eastern time however, the negotiations are continuing today kayla tausche joins us right now with more from washington. and kayla, this seems to be kind of a quickly moving story, so what can you tell us right now >> reporter: it is well, the latest is that we got a five-tweet thread from the president just a few minutes ago where he noted that talks are continuing and said that