as well. david: whether it is brexit or nafta, how do these trade issues affect coca-cola's business? james: i think one of the great benefits of the coca-cola system but we arelobal, extremely local. we manufacture in every country virtually. virtually everything that is sold in the u.s., made in the and virtually everything sold in the u.k. or france is made in the individual country, global trade restrictions do not tend to affect us heavily in a moment. to the extent that they increase total economic growth, that is what matters to us, so philosophically, we are pro- global free trade because it drives economic growth. let's focus on making those deals better because it will provide the wealth to solve a lot of society's problems. david: you came in and took over coca-cola and really trumpeted innovation is critical to the future. i believe you have a chief innovation officer. maybe you are the chief innovation officer in some sense. how do you innovate a company that is so well-known around the world, has been there for so long, has such an entrenched perception of people's fears? james: it is hard. organization, it's going to be hard.

coca-cola on u.s. college campuses, or as the national chair of the college student coalition, and that's how the student resistance to apartheid in south africa was focused on coca-cola. coca-cola was present on campus. you go to the sunday union to get a lunch, coca-cola is there, you go to the football field, coca-cola is there, as a sponsor. so that made it a local site. because thinking about south africa was way out there. but thinking of your decision, a moral and ethical decision, whether you take coca-cola or not, that was a decision that you need to make. and on the back of this, we have the social responsibility clauses that we instituted in university contracts. so universities have social responsibilities clauses. and i think what we need is to renew the push for the universities to adhere to the social responsibility clauses. that says that they should not be in sweat shops. just recently, two, three years ago, we managed to et get the university out of the industrial complex. don't be surprised. the uc system was investing our retirement in the prison industrial complex and for you to be a professor that you're standing there and teaching, i said that we shou

coca-cola. coca-cola was on campus, you go to the student union to get a lunch. coca-cola is there. you go to the football field, coca-cola is there as sponsor. that made it a local site. because thinking about south africa is out there. but thinking of your decision, a moral or ethical decision whether you would take coca-cola or not that was a decision that you had to make. on the back of this we had the social responsibility clauses we instituted in university contracts. universities have social responsibilities clauses. i think what we need to do is renew the push for the units to adhere to the social responsibility processes that says they should not be in sweat shops. we got the university out of the prison industrial complex. don't be surprised. the uc system was actually investmenter our retirement in the prison industrial complex. just for you to be a professor that you are stand willing and teaching, i said that we should wear a t-shirt this class is brought to you by the prison industrial complex because essentially we are spending and investing our resources. you have to make education contingent on a ethical and moral de

as all relative proxys. coca-cola is doing quite well. i think if you sell that stock -- coca-colator are stocks you don't want to sell here. proctor reacting to a piece saying they are going to do four percent organic growth. i like the term. there we have the board. i think that nelson is pleasantly surprised with the trajectory here. they made changes in grooming. i like the stock. i wish this fellow upgraded. it's a 95. look at kraft heinz. colgate didn't work. there's like five good ones. if you think that resident costs are coming down and the price increases are going to stick -- then you have margin expansion. that is pretty good. you just need the dollar to stabilize and you will have really fabulous numbers. >> you made this point yesterday on clorox. i was looking at plans to raise average selling prices. 29% as commodities come down, if they can make those stay. >> clorox would be a $200 stock. coca-cola i see that going up. there was a neutral on it. these stocks, the money is plowing towards them for the same reason we listen to draghi. that's why i don't think coca-c

coca-cola had its largest bottling plant. and the judge ruled in the favor of coca-cola. it is all these fine subtle moves he would not see as a consumer but usually change the way regulate food. yes? >> last question. >> make it good! >> when you go grocery shopping or go out to eat, how do you just change your approach when you pick up food off of the shelves or off of a menu? >> a lot of times people just don't go out to eat with me. [laughter] where they will come to my house for dinner. i think the same for me for grocery shop and it just takes me forever. it really does. i mean i am the crazy lady in the grocery store reading every label right until the end. and i do. and i will put stuff back. right? which has been really interesting to me as i have gone forward. so sodium benzoate that i mentioned, i was in the local grocery store and i was thinking about cooking which is what i often do. i think about cooking more than actually doing it. and so i was thinking about making something that had lemon juice and i picked up a bottle of lemon juice and i read the label because like i said, i am the crazy person that reads

as ceo. catch it on "the closing bell" and we will be speaking with the incoming chairman of coca-cola on tuesday full coverage from atlanta james quincy, ceo and chairman of coca-colag his stamp on this more than 130-year-old company which is outperforming the stock market since he took over. >> all right, lots of tea between now and closing zblel tea a. >> tea and honey not coke. >> let's send it over to kelly evans with a news update. >> sara, you are a trouper here's what's happening at this hour. >>> president trump announcing he will nominate william barr, former president george h.w. bush's attorney general, to serve in the same role he also says he'll nominate state department spokeswoman heather nauert to be the next u.s. ambassador to the united nations. >>> multiple media outlets including nbc news reporting white house chief of staff john kelly is expected to be out of a job in the days ahead. among the leading candidates to replace him is vice president mike pence's chief of staff name ayers. >>> former fbi director james comey arriving for his private testimony before the house judiciary committee after he initially filed a legal challenge to force a p