partners, a texas government affairs consultancy, the alice kleberg reynolds foundation, claire and carl stuart, and by entergy. [evan smith] i'm evan smith. he's one of fiction's rising stars. his debut novel "there there" was called "an american epic" by the new york times and has won raves from coast to coast. he's tommy orange, this is overheard. [smith] let's beonest. is this about the ability to learn or is this about the experience of not having been taught properly? how have you a what has befallen other nations in africa? you could say that he made his own bed, but you caused him to sleep in it. you a problem and over time took it on. let's star wwith the sizzle befoget to the steak. are you gonna run for president? i think i just got an f from you, actually. this is overheard. (audiencapplause) [smith] tommy orange, welcome. [tommy orange] thank you for having me. [smith] thank you very much for being here. sove the book. i wanna talk all about the book and talk all about you, but i wanna talk about the title of the book first. so i didn't actually get the reference until after that t

partners, a texas government affairs consultancy, the alice kleberg reynolds foundation, claire and carl stuartd by entergy. [evan smith] i'm evan smith. he's one of fiction's rising stars. his debut novel "there there" was called "an american epic" by the new york times and has won raves from coast to coast. he's tommy orange, this is overheard. [smith] let's beonest. is this about the ability to learn or is this about the experience of not having been taught properly? how have you a what has befallen other nations in africa? you could say that he made his own bed, but you caused him to sleep in it. you a problem and over time took it on. let's star wwith the sizzle befoget to the steak. are you gonna run for president? i think i just got an f from you, actually. this is overheard. (audiencapplause)

stuart: this is an intriguing story related to retail, related to department stores. famed investor carlalls. >> he thinks the death of the mall is upon us. a number of shopping malls quadrupled since the 1970s to 116,000 shopping malls across the country. anchor stores like kmart and sears hitting the wall, so many shopping malls go down. they will not be able to make enough money to service their debt, not necessarily the entire mall shutdown. 8600 shuttered this year. a quarter of shopping malls could go belly up, and head count arguments, amazon exited the cost of this. and a lot of shoppers, t.j. maxx is stepping and where other stores are failing and a lot of shoppers see shopping like a sporting event. they want to go out to the mall like you. ashley: amazon taking over those spaces is adding salt to the wound. liz: a good point but they did overbuild. 116 shopping malls in the us. stuart: who could have foreseen amazon? who knew that amazon would be a bms. liz: i coveted in the 90s. star trek kind of idea you could do shopping from your computer, from your own bridge. stuart: aft

stuart: yes, sir. now we've got an update on xerox. charlie gasparino confirms they have made an offer to buy hewlett-packard. gasparino says carl deal. both stocks up. xerox up 3%. hewlett-packard up 11%. now you know. >>> look at uber. the self-driving uber car, in a crash in arizona. we hear it was not programmed to spot jaywalkers. what's this? susan: that's right. so what happened in 2018, in march 2018 was a self-driving uber car killed a woman tragically as she was crossing the road with her bicycle. this was in the dark. according to our phoenix affiliate, their reporting suggests the collision happened just a few second, in fact, the preliminary report from nhtsa says the self-driving vehicle actually spotted the pedestrian before hitting her but a system used to automatically apply brakes in a potentially dangerous situation had actually been disabled and the person, the backup driver was actually watching a tv show on their phone at the time. so you know, as a corporation you can't be charged, but the authorities are considering charging the backup driver. stuart: we've got to work out liability for this kind of incid

stuart: it's a hundred point rally for the dow, nice rally for the s&p, same for the fas d nasdaq. it just hit an all new record high. it's a rally. >>> carl against mall owners that they are going to sink. joining us now, jay scott peele, commercial real estate kind of guy who thinks that all is not lost for the american mall. >> no, not at all. it depends on the market that they serve, it depends on the category that they serve. luxury's doing great. stuart: wait. they divide malls into three classes, class a, upscale places, you say they will be okay? >> they will be fine. stuart: but the b and the c? they are not? >> they are a product of overdevelopment and you know, it's the synergistic retailers, the ones that rely on foot traffic or impulse buys that are really hurting because they don't know how to get their brands the exposure. think yankee candle or even tvana, who couldn't succeed because they needed foot traffic. stuart: icahn is betting against the b and c level malls. >> the 2012 debt was underwritten with entirely different models and where he thinks it's going to pay off largely likely is because they are under water, upsi